presented by kcet, los angeles. funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. the john d. and catherine t. macarthur foundation. and union bank. >> union bank has put its financial strength to work for a wide range of companies, from small businesses to major corporations. what can we do for you? >> and now "bbc world news."

>> barack's main parties say they have agreed on a power- sharing government at last, but there are major hiccups as parliament meets to approve the deal. the currency board at the top of the g-20 summit kicks off in seoul. are the u.s. and china acting selfishly, keeping their exports so cheap? >> the best thing the united states can do for the world economy is to grow. >> a powerful blast claims at least 20 lives in pakistan. the police security center investigates the attacks. a warm welcome to "bbc world news," broadcast on pbs in america. my name is mike embley. journalists on the streets in moscow. they want investigations on the attacks that killed eight of their colleagues this year. is it a bird?

is it a plane? the launch from spain. enthusiasts scale new heights. >> so near, yet so far. just as iraq is about to secure a breakthrough deal to end eight months of political deadlock, the main sunni group walked out. they accused the incumbent prime minister, nouri maliki, of not agreeing to end the ban on leaders who worked under saddam hussein. the parliament has reappointed jalal talabani as president. he reconfirmed noriel maliki as prime minister. a fast-moving and chaotic day. >> the occasion suddenly turned

nasty when there was shouting and -- shutting in parliament, allawi storming out of the meeting. they are accusing maliki of reneging on a deal they believe was reached in the run up for this parliamentary meeting. they're expecting the parliament, after electing its own speaker as executive, to pass a motion removing the , orma of ba'athism working under saddam hussein. the believe the bill was broken. that is why they walked out. the parliament is trying to vote for the new president, who will be the incumbent, jalal talabani. that vote went ahead, but he did not get it on the first round. he was about 20 votes short. meanwhile, iyad allawi's stayed

out and it will take mediation to get them back into the process. >> the challenge for world leaders at the g-20 summit in seoul is some kind of agreement to encourage growth in the fragile global economy. business as usual, unfortunately, would the nation's protecting their own trade and using their currencies to compete with each other. the summit may be overshadowed by a route between the united states, who are pumping billions of dollars into their economy, and china, who the u.s. argues is artificially week. -- weak. >> one by one, south korea welcomed 20 of the world's most influential leaders to the opening dinner. there are currency disputes and wrangling over trade imbalances. the british prime minister, david cameron, arrived fresh from his mission to promote british business in china, warning of the dangers. the risk, he says, is there is a

wave of protectionism. country start putting of trade barriers, pursuing a monetary policy, start using currencies as a weapon. that would be bad for britain, bad for the world, and i am going to fight it very hard. that is what for me this g-20 is all about. >> on the streets outside the venue, there is concern that the summit will be defined not by cooperation on issues like development and trade, but by squabbling and self interest. the chinese, for example, stand accused of manipulating their currencies to give their exporters a competitive edge. now the americans are also under fire for their recent accords to pump money into their economy, a policy economists say will weaken the dollar. no one thinks their actions are harming others. >> the most important thing the united states can do for the world economy is to grow, because we continue to be the world's largest market and a

huge engine for all other countries to grow. [laughter] [applause] >> even if there is no big breakthrough on the currency issue, optimists still say that dialogue itself is useful. they will point to progress on technical issues -- the reform of financial institutions and the tightening of banking regulations, for example. while the diplomatic effort continues, for now it is the voices of pessimism that are growing louder, those who warn that left unchecked currency wars and trade disputes will do real damage to jobs and high streets around the world. john sutherland, bbc news, seoul. >> the g-20 is already marked by tension between some of the largest economies. also here is our economic editor, stephanie flanders. >> the g-20 readers agree the global economy needs to grow in a more balanced way than it did before. the disagreement haunting this

meeting in seoul, and it is a big one, is about how to get there, and how quickly. as far as president obama is concerned, you as borrowing has propped up the global economy enough. he wants the other countries to step up to the plate. like britain, america needs to cut borrowing and export to the rest of the world. but that is that happening. other companies like china and germany who are saving need to start spending. >> the most important thing the united states can do for the world economy is to grow, because we continue to be the world's largest market, and a huge engine for all other countries to grow. >> if you think that sounded a bit defensive, you are right. obama is on the back foot after days of criticism from the german chancellor and others who say the u.s. and its central bank are taking a dangerous

approach to the dollar. unlike the south korean president, angela merkle did not criticize the president to his face. >> to you have concerns that the u.s. policy might flood money into the korean economy? >> that kind of question should be asked to me when president obama is not standing right next to me. >> america's main adversary in this is not germany or south korea. it is china. the chinese say that of course they need to become less dependent on their exports, spend more on their domestic economy, and but it is not going to happen overnight, and not by tweaking the exchange rate. in the meantime, the u.s. should not be punishing the rest of the world for the weak state of its own economy. small economies like brazil said they are being punished for the stomach at the top, because the dollar cannot fall against the chinese currency. cheap money from the u.s.

central bank is putting pressure on their currencies instead. >> there are two issues. the value of the exchange rate, and the other question is you are exporting to me, brazil, to me, china, to me, mexico. this is not in my best interest and you're creating bubbles in the stock market. york written bubbles in the property market. you are creating bubbles in my own currency. >> by the time they leave here, the bidders will have a formal agreement. they always do. but the largest economies will still hold very different views on the best way forward for the global economy. stephanie flanders, bbc news. >> deaths from a cholera epidemic in haiti have jumped to 784. that is an increase of 80 in just 24 hours. aid agencies in the capital of port-au-prince said the risk of the epidemic will cross the border into the dominican republic.

the president of the european commission said the eu is ready to offer financial support to the irish republic. there are fears the government in dublin may be unable to repay its huge debts. the irish finance minister insists his government can put the economy on a stable basis. one of italy's best known film producers has died. dino de laurentiis produced more than 500 films, from new way to hollywood blockbusters. he won an oscar in 1956 for lini's "la-- fel strada." a powerful explosion has destroyed a police compound in karachi. it was the base for officers investigating militant attacks. at least 20 people are dead, many injured. we report from islamabad. >> this is all that remains from the building, currently one of pakistan's premier anti-terror

units. a truck bomb ripped through these premises, leaving ruins in the aftermath. armed militants tried to storm the building. [sirens] >> i was getting the building cleaned. we had just finished the work, and i was paying him. gunfire went on for three or four minutes. then an explosion rocked the area. we ran into our homes. >> rescue workers and security personnel were quick to reach the scene. the injured were scattered to waiting ambulances. many were trapped under the debris of the collapsed building. relatives walked by, begging for help for their loved ones. many taliban militants have taken refuge in karachi after fleeing operations in the north. they are now actively involved in operations and recruitment in the city.

initially, the militants hit soft targets like the suit the shrine in southern -- sufi shrine in karachi, but they are now confident and emboldened. security forces are concerned. bbc news, islamabad. >> hundreds of journalists have demonstrated in moscow, demanding the government properly investigate a spate of attacks against reporters. eight have been murdered so far this year, many more injured. the political correspondent and prolific blogger or was beaten up and badly hurt. the two men wielded iron bars. we have the story. >> on a bleak night in moscow, journalists express horror and outrage. yet another member of their community has been cut down. amongst those at this demonstration, oleg's

wife. >> when i arrived at the hospital and doctor described his injuries, it was terrible. i felt unbearable. he had already had three operations. i felt like my heart stopped. >> the groundswell of anger here has been building all week after cctv put it of the attack was released. the video showed two men jumping on him as he returned home during early hours last saturday morning. using an iron rod, the systematically smashed his legs, his hands, and his jaw, and attack clearly designed to maim him so he can no longer report. as a reporter and prolific blogger, he was known for his strong criticism of the government. last summer, a youth group backed by the kremlin called for him to be punished.

but prosecutors said it will catch those responsible, however powerful or well-connected they are. >> here, no one is untouchable. a criminal will be punished, no matter what his authority or what position he holds. >> take the case of the newspaper editor brutally attacked two years ago after campaigning against the building of a new motorway from moscow. no one has even been arrested for almost killing him. instead, despite suffering acute brain damage, he is the one being taken to court for libeling a local official. bbc news, moscow. >> stay with us if you can on "bbc world news." britain has one of the highest rates of welfare dependency in

europe. now we know what the coalition government plans to do about it. first, he is one of the most sought after american painters. his works have sold for $42.50 million, three times the previous record. >> $30 million? >> it just kept going up. >> $33 million? $34 million? >> and up, defying expectations all the way. this lichtenstein is characterized by the artists captive nation with commercial printing, and it features his signature colored dots to create the image. roy lichtenstein is the most famous member of the pop art movement. this a chronic in the war hopis, which was expected to reach -- this iconic andy warhol peace, which was expected to reach almost $50 million, did not do

so well. >> there were about 60 different warhols, and people were picking and choosing a bit. that is a singular fantastic work, but the market held back money for other warhols instead. >> this canvas of a black and white coke bottle sold for $35 million at sotheby's. the experts say this proves pop art is being recognized by serious collectors. it is an art form that can suspend cultural boundaries and reach an international audience. why, when our economy is struggling to the deepest downturn since the second world war, is the art market's in profits up by 30% on last year? perhaps because art like gold is tangible. investing in art is seen as one of the safest places to put money. investments like these are

definitely much more attractive on the wall. bbc news. >> welcome to "bbc world news." the latest headlines. iraki politician nouriel maliki has been reappointed after eight months of deadlock. the world economies have begun a summit in south korea. currencies dominate the agenda. among the austerity measures announced by britain's government, higher fees for students have caused a huge uproar. another big change is welfare reform. britain has one of the highest rates of welfare dependency in europe. anyone who refuses to apply for a job could lose their benefits. >> the welfare state -- so complicated that even officials cannot agree, and the benefits there are. successive governments have

tried to reform the system. they have failed. duncan smith says he wants to drag the welfare state into the 21st century, helping the unemployed to get off benefits and into a job by making work pay. >> you will be better off in work than you will be on benefits. that has got to be an absolute about this, otherwise the system does not work. the system does not work right now. there is not a reason, even if they are slightly better off on work. they will not be able to work out their hours because it is so complex. >> reforms are designed to change how people think. sarah from lead say she gave up a job as a cleaner because her bus fare to work cost too much. >> it was easier to stay on the housing benefit. as a mother, you struggle when you work. >> what is the plan? there would be a new single

benefit to replace most worker benefits like job-seekers allowance. people would be able to keep more of their pay when the first get a new job or work more hours. as they earn more, the benefit payments tail off gradually. the government hopes all of these things will help people like nicholas, who works in this office in kent. >> i have to work 16 hours to get my working tax credits. if i worked any more than 16 hours, it gets paid to my house and benefit. >> in principle, she likes the ideas. >> i feel trapped at the moment. i can only work 16 hours a week. how am i going to better my life? >> she says 35 pounds out of every 100 extra she would earn a she worked more hours would not be enough to cover the cost of child care for her 6-year-old daughter. the influence of these reforms is massive and central to the

workers. the government wants to and what david cameron calls a broken society while cutting the deficit. it could reform the lives of millions. that is quite a big impact. in the meantime, anybody out of work who does not accept a job offer could see their benefits cut. labour says this could hit the vulnerable and wants to know where the jobs will come from. today is just a start. ian duncan smith says his opponents want cash from the treasury. he is trying to reform welfare in the face of tough economic times. james lander, bbc news, westminster. >> billions around the world will mark the moment when the first world war ended in 1918 after a zero your years of conflict. across the u.k., many observed a two-minute silence. there was a memorial in whitehall, the 90th since 1920. the archbishop of canterbury was there along with defense

ministers, veterans, and schoolchildren. in france, nicolas sarkozy was at the tomb of the unknown soldier in paris. he unveiled a plaque dedicated to thousands of students who defied france's nazi occupiers on november 11, 1940, by demonstrating in honor of those killed in world war i. vice-president joe biden attended a meeting at arlington national cemetery in washington. he think the country's military on behalf of the american people. back in june, israel announced it would ease its three-year economic blockade of the gaza strip in response to economic condemnation -- to international condemnation of the killing of activists on ships trying to break the blockade. israel is now allowing more food and consumer goods into the territory. our goal is a correspondent reports they see no real change for people living there.

>> lunch break at a united nations school in the central gaza strip. in simple and obscene. but this is no ordinary school. -- a simple enough scene. but this is no ordinary school. look closely, and you can see it is built out of shipping containers. 30 boys in a steel box in 30 degree heat. the un says it will not do, and that at least 100 new permanent schools are needed in gaza. further north, in gaza city, this should be the site of two new schools. but even since israel announced it was easing its blockade, the u.n. says it is still not being allowed to bring in the construction materials it needs. >> it is a point when you have to say it is not working. we are at that point. there is no material change for the people in gaza since the so- called easing. i say the so-called easing is nothing more than easing to

political pressure for change. >> in the markets of gaza city, you can see there have been some differences. one of the things that has changed in the last few months is the sheer number of israeli products in the markets and shops. if you look at these baskets, you can see hebrew writing. other boxes are also from israel. while the number of imports from israel has increased, virtually all exports from gaza are still forbidden. and that has crippled many businesses in gaza. this used to be one of the busiest factories. they make biscuits. before the blockade, but it exported 60% of them. now with the market saturated with israeli products, they have shut down virtually all production. >> my feeling is there should be people working here. we see them not working and all the machine stopped. >> in israel, the government

says people in gaza are still asking the wrong questions. >> why are there problems with experting? why is the water blockaded? because the territory has been overtaken by a deplored terrorist. >> in the factory, at mid the boxes of biscuits going stale, it feels as though things are getting worse, not better. so far, few people here will tell life got much easier. bbc news, gaza. >> several tugboat's have pulled a stricken cruise ship into san diego bay on tuesday. this brings almost 4500 customers back to land. the carnival ship lost power early monday evening, more than 70 kilometers offshore. most people enjoy flying paper plants, but no one has gone into space until now.

a team of british enthusiasts launched one from a balloon. >> we have sent rockets to the moon. we have had shuttle's flight in earth orbit. but we have never seen anything quite like this. a paper plane launched from space. the plane was taken up into space on a balloon. 17 miles up, the balloon burst, releasing the plane, which glides gently to earth wall the camera plummet's uncontrollably through space. the project was carried out by a team of amateur enthusiasts who are amazed they succeeded. >> i am really pleased. i knew we were able to get this stuff up to space, but i was

surprised were able to track it and find both the plane and the camera afterward. >> the plan took pictures as it re-entered the atmosphere and landed intact in spain, becoming the first paper plane in history to boldly go where no paper plane has gone before. bbc news. >> you knew that one was coming, didn't you? just briefly, the newly reelected iraq's president jalal talabani has reappointed nouriel maliki as prime minister. this deal and eight months of political deadlock. the deal was thrown into doubt after the main sunni alliance led by iyad allawi walked out of parliament, who believe there was a failure of a deal on politicians to work under saddam hussein. you can learn more on bbc.com.

thanks very much for watching. >> hello and welcome. >> see the news unfold, get the top stories from around the globe and click to play video reports. go to bbc.com/news to experience the in-depth, expert reporting of "bbc world news" online. >> funding was made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. the john d. and catherine t. macarthur foundation. and union bank. >> union bank offers unique

insight and expertise in a range of industries. what can we do for you? >> there is one stage that is the met and carnegie hall. >> o, that this too, too solid flesh -- >> it is the kennedy center. >> check, one, two. >> and a club in austin. >> it is closer than any seat in the house, no matter where you call home. >> the top of the world, and i'm there, i'm home. >> pbs -- the great american stage that fits in every living room. your support of pbs brings the arts home. >> "bbc world news" was presented by kcet, los angeles. presented by kcet, los angeles.