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tv   BBC World News  PBS  November 10, 2011 12:30am-1:00am PST

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>> this is bbc world news. fending for this presentation is made possible by the freeman foundation of new york, stowe, vt., and honolulu, newman's own foundation, shell, and union bank. ♪ >> union bank has put its financial strength to work for a wide range of companies, from small businesses to major
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corporations. what can we do for you? >> and now bbc world news. >> hello and welcome. >> workers are desperately looking for survivors in eastern turkey. it is the second earthquake to hit the second -- -- the same region in the week. asian stock markets are tumbling. renewing fears over the euros on crisis. -- over the eurozone crisis. >> we have a special report from singapore. >> this is newsday.
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cork>> rescuers are desperately looking for survivors. a japanese woman is among 22 people who have been rescued so far, six bodies have been recovered, but there could be at least another 50 missing. this is the second earthquake to hit the region in three weeks. >> many of the people staying in desoto were only here to help those affected by the last earthquake -- and this hotel work only here to help those affected by the last earthquake. workers were frantically searching for survivors. after hours of digging, a japanese woman was pulled out, injured, but lucky to be alive.
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>> the personnel have their families in there as well. they thought they were safe. now there are 70 people under that building. >> the last earthquake to hit this region, less than three weeks ago, killed over 600 people and made many thousands homeless. this aftershock as brought down many more buildings and made residents even less likely to return to those still standing. however, more emergency aid is already on its way. >> one aircraft has landed and one is ready. they are carrying in tents and blankets for in case there is emergency shelter. in one city. they already have teams in one
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city, more than 150 working on the field. >> the only good news from rescuers and residences that the weather is dry. the nighttime temperatures are well below freezing. the region is still being rocked by aftershocks. there is no respite, either for the thousands of living in tents nor their rescuers. >> three minutes past 6:00 a.m. in turkey now. that is the live scene. the earthquake struck just about nine hours ago. we can get the very latest from the operations manager. it is one of the leading rescue agencies in turkey. just over 20 people have been
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pulled out of the rubble under various buildings. what is the latest you have? >> we have reached 23 now, which is good news. many research and rescue personnel were there. they were just moved south of van as soon as the earthquake happened. we expect more people to be rescued. under the hotel, 50 to 70 people are known to be. can we get all kinds of people asking for help. the audio and visual cameras are
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also showing that there are some people under the rubble of the hotel . >> you say you are still getting signals from people trapped underneath, using their mobile phones? >> that is true. but they are under the rubble. two of those people were rescued in the last half an hour. we have the names and we confirmed that these people are now transferred to hospital. >> do you have any ideas -- is it possible to estimate how many people are unaccounted for underneath other buildings? >> we do not have the correct number for now. initially, we thought only 27 people were trapped underneath the hotel because these were the people registered at the hotel. later on, we found out that personnel had brought their families, which was not in the hotel books.
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that bolstered the number of 260 to 70 people. -- the number to 60 to 70 people. >> what about the people of died? >> . now, it is seven. -- until now, it is a seven. they have been taken out. but until we know out of these 100 people are taken alive, it is unknown for the time being. on one side, we have to fight against the cold and the other side being under the rubble means trauma or internal bleeding or other kinds of health issues. >> thank you.
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>> that is the very latest from this demistanbul. you have the very latest on the troubled eurozone. >> the president napolitano wants to assure that this country will be able to pay its debts. thatn't the point to was the likes of ireland, portugal, and greece had to appeal to the international community for bailout. >> italy is in a full-blown political crisis with the country on the edge of a financial disaster. this evening, ministers were still meeting, aware of the fact that italy's borrowing costs have reached a level that forced other countries to seek a
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bailout. >> it is a critical moment for italy and the european union. we need to get out of this and adopt bold measures. >> much of the protest as been on the presidential palace in rome where the italian president is stepping in to try to reassure financial markets. in this financial emergency, the president of the italian republic summoned the finance minister and ask to see the key economic proposals proposed by the european union and also by the markets. and he stressed the importance of adopting the measures within the next couple of days. napolitano had to come out and insist there would be no delay over economic reform. >> we need decisions quickly to give a new sense of responsibility and cohesion of the nation. it kelly must now act to escape
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a very dangerous situation. >> they promised resignation of berlusconi had not appease the markets. but the message from the markets today was blunt -- resign immediately. what is also dislike is the uncertainty. no one knows if elections will follow or national unity government. but for a country with low growth and high debt, time is running out. >> you take drastic decisions as soon as possible for the wellness -- for the wellness of this country and for the euro zone. >> they know that now an austerity plan may be hurried through parliament.
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berlusconi crude step down as early as monday. even if these reforms are passed as early as the weekend, will it be enough to address italy's mounting debt? >> as we have seen, the shaky financial markets worldwide, there is called for a bigger bailout funds to be made available. as robert explains, tackling italy's problem couldn't put further damage. >> the euro and euro zone, now with a disintegration fracture, italy's 1.9 trillion years of debt. a decision by a little-known organization, to significantly raise the cost for investors to
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trade in the italian debt or bonds. >> the pace of the crisis is accelerating. what that means is that the size of the bailout required is getting bigger day by day and less politicians do something quickly, we could see the crisis get an awful lot worse very, very quickly. >> the mayhem on markets today lifted the interest-rate that the italian government will be forced to pay to more than 7%. the economy would be crippled and the government would not able to pay everything it. -- everything it goes. -- everything it owes. it would go bust unless it could get an emergency loan from euro
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zone partners. >> the immediate issue that i think europeans face to try to stabilize the situation is basically to come up with some new money in order to try to settle down the italian bond market. that probably means that the european central bank will be center stage in any such solution. >> but tonight, the departing chief economist of the european central bank rejected the idea of the deep-pocketed central bank to becoming a lender of last resort. and the german government has to date blocked the central bank making emergency loans as such. >> our responsibility does not end at the borders of our countries. it goes far beyond .
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>> but without a bailout, there could be massive losses for banks, a breakdown in the banking system, europe-wide recession, which could affect the u.k., and a collapse of the eurozone. a broad solution is necessary or else -- >> we could have what some commentators are already calling a "lost a decade." >> tonight, their cunning plan is hard to spot. >> the debt fears continue to inflict damage on the markets. asia's losses continue to deepen in the third hour of trade with hong kong plunging more than 908 points. that is more than 4%. austria and is giving back a hefty 180 points this morning,
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3.5%. and japan is falling by two hundred 40 points. shares dropping overnight, it is feared that they will not be able to assemble a major bailout fund big enough for italy. as for the currency markets, the euro is weakening even further. the flight to the safe haven means weakening emerging asian currency at this hour. those are the markets. you are watching news day on the bbc, live from singapore and london. still to come, the greek prime minister says farewell, but the country still does not know who will take over. and these dilemma in south korea, just what kind of future can they expect? >> further questions about the
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relaxation of u.k. passport control -- the prime minister said he fully backs her decision. >> together, they worked to keep britain's borders secure, but they disagreed on how best it should be done. now of the head of order for sherlock in a bitter war of words. at issue is the relaxed border controls during the summer. they cannot say how many illegal immigrants may have entered the country as a result. she says refused requests from mr. clark to go further. mr. clarke says he did not improperly add any additional measurements and he said his position had been made untenable for political convenience. but his former boss, the head of
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order agency, helped the home secretary. he said that brady clark has admitted going further than instructions. this is unacceptable and this is why he was suspended. >> i did not give my consent or authorization for any of these decisions. in fact, by state explicitly in writing that the government should not go further in which was agreed in the pilots. >> they had to publish all the evidence in a string -- and a string of house secretaries lined up to attack. they will reopen next week when mr. clark tells his side of the story. with the government already under pressure with the economy in europe, the last thing they want is a route about immigration. -- a row about immigration.
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>> this is newsday on the bbc. >> these are the headlines. rescue workers are desperately searching for survivors after another earthquake in eastern turkey caused buildings, including a hotel, to collapse. the asian stock markets have fallen as italy's costs rise and fears over the eurozone crisis. >> politicians in greece and not appear to have reached an agreement on a new prime minister despite three days of intense wrangling the president's office says coalition talks have been pushed back until thursday morning. >> it was intended to be the final act in a long and painful political drama. talks between political leaders and the president to decide who would be the new greek prime minister . days of wrangling have led to this point, and the speculation over who will take over.
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names are leaked every hour only to be withdrawn. >> that these crucial moments, practical games are being played and have influenced the president of the republic. i am truly saddened. >> soon after, the talks broke up, adjourned yet again before an agreement could be reached. earlier, the former prime minister made a farewell television address. he pledged that the new government would ratify the new bailout agreement to avoid bankruptcy and disasters the faults that would endanger the entire europezone. -- eurozone. >> we will do everything that is
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necessary, not only for raese to be said, but to also implement the agreements of october 26. >> whoever takes over here will have a monumental task in return for the bailout bill. more austerity will be needed. that is likely to fan the flames of social unrest that reached a boiling point under papandreu. without a stable government, this country cannot hope to get a grip on it debt crisis -- on its debt crisis, causing uncertainty across the world. >> the leaders of india and pakistan are to meet at a regional state summit. those are signs that relations are improving. talks between the indian from mr. and the pakistani counterpart will be taking place -- the indian prime
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minister and the pakistani counterpart will be taking place we have more from mumbai from the professor of politics at mumbai university. how difficult is this meeting between the prime ministers? >> there is a great deal of hope, especially following the meeting yesterday between the two foreign ministers of the two countries, especially with the pakistani foreign minister. that is a good thing because, as long trade grows between the two countries and there is real hope of relations between the two countries improving. >> we see improved trade between pakistan and india, but could be
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yours own -- but could the euro zone crisis the part of the talks? >> not quite. the entire world is being affected by that. as a result, this will remain -- they will not only have bilateral relations, but a lot of things that affect the global scene. this will not just have vierazo -- have eurozone, but it may also address attacks on in the appeared to the prime minister has indicated that they will talk about the punishment given to the perpetrators of the 26/11. >> political issues on a wider scale, during the summit, will the south asia free trade
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agreement be discussed? and what will it mean going forward for the region? >> it means, in fact, there are some deals pending for signing during this particular summit. what is important from the nation neighbors is what some of them have indicated, that there would like to take advantage of the growth india has been recording in the last few years. looking at change in india in the last few years, as far as non reverse -- not reciprocity with other nations, i think that would be an important thing to be watched for.
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>> we will have to leave it there, professor. we have been speaking with the professor for politics at mumbai university. it is all about graduates and job prospects in south korea. >> yes. south korea is holding its annual college entrance exams right about now. many young koreans are finding that, when they do graduate, there are not enough jobs. the government is pushing a vocational training instead. >> this is the one day of the year when the government changes slight schedule and hold up the normal rashard to help students the -- normal rush hour in order to give students the best possible chance. many go on to higher education and that is causing a problem.
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old, he has already decided he wants to be a chef. rather than spend his last school years cramming for the university entrance exam, he is learning practical skills at a vocational high school. today's lesson is ready been no odle. >> my mom and dad wanted me to go to this school. in our culture, men were not supposed to cook in the kitchen. but i really wanted to and the people around may told me are you sure you want to do that? that is one of the reasons i chose it. i did not want to be like a normal student. >> the government wants more students to think like umo. south korea's educational system is world famous, but it is causing a social problem. the dilemma is that, with 80% of
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its students going to university, there are not enough hot jobs to go around. many of its graduates and the unemployed, even while many semi-skilled jobs remain unfilled. the president has been promoting a new scheme to give those with work experience the same benefits and status as those with degrees. but this is what he is up against, parents who will do almost anything to get their child into university. at the main buddhist temple, the price of the exam success is 100 bows a day, every day since july. >> i am here for my granddaughter. the government is wrong for discourage people from learning. i would like to go to university myself, but it was not possible in my day. >> before democracy, a small group in the its ran the
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country. many fear of ending up on the wrong side of the two-tier system. >> funding was made possible by the freeman foundation of new york, stowe, vt., and honolulu, newman's own foundation, union bank, and shell. >> this is kim about to feel one of his favorite sensations. that show, we are developing more efficient fuels in countries like malaysia who can help us get the most from our energy resources. let's use our energy more and efficiently. let's go. ♪
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>> 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? >> bbc world news was presented by kcet los angeles. by kcet los angeles.
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