>> this is "bbc world news america." >> funding for this presentation is made possible by -- the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, and union bank. >> at union bank our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now "bbc world news america." >> hello and welcome to newsday

on the bbc. i'm in singapore. >> on kashner madera in london. our headlines this hour -- amid political uncertainty, share prices in europe are falling. and what lies behind the escalation of violence in the south. >> the in quest starts into the death of a british mi officer, whose body was found to have bought in a sports bag. it is 9:00 a.m. here in singapore. >> and it is 2:00 a.m. in london, broadcasting to viewers from pbs in america and around the world. this is newsday. hello and welcome. share prices have fallen around the world after the narrow victory of the socialist

candidate in the first round of the french presidential election. the collapse of the dutch government has added to fears that the countries at the heart of europe might struggle to implement further austerity measures. here is a government report from paris. >> pres. sarkozy fighting for his political life today, while financial markets tumbled, spooked in part by political uncertainty in france. he was beaten in the first round of voting, and is drilling in the crucial runoff in two week'' time. -- and is trailing in the cross runoff into weeks' time. tuesday in a fight he will need more votes. >> i want to speak today that i'm tired of hearing that insecurity is not a problem or that immigration was not an issue.

this is a scandal. >> the leader of the far right stunned france with 6.5 million people voting for her. her campaign and immigration -- her campaign was immigration and globalization. here is the problem. when sarkozy name was mentioned at rallies, there were boos in the hall. >> nicholas sarkozy, yeah. [boos] >> many on the right feel betrayed by the president, and places like this tell you why. >> this is about 200 kilometers outside of paris. >> it was not difficult to find those who had voted for the far right. >> i feel france has been invaded. it is a good town, but further

out in the states there are too many immigrants. we do not like that here. >> president sarkozy said today he did not blame those who voted for his conservative competitor. tonight, she went on prime-time television. >> i do not believe nicholas sarkozy is sincere anymore. i do not think any of those who voted for me believe him or his posturing. they have stopped believing in his promises. but it remains uncertain how many far-right voters will now back pres. sarkozy. but europe and the markets are watching. the german chancellor said she was alarmed by the influence of the far right. the favorite to win is the socialist candidate. he says that growth is his priority. the jitters in the financial markets today partly reflect a concern that the political tide in europe may be turning against austerity. >> gavin has more on those concerns.

>> it was a very bad day on the markets. they are worried about political uncertainty here. about the fact that the dutch cover rent collapsed today. they could not agree on the funding cuts by the e.u.. they are worried about the economic data, which suggests the situation here in europe is worsening. they're also worried about the fact that today, spain officially was declared in recession. all of this raises the question of whether the current strategy of focusing on austerity and bringing down the deficit, whether that strategy is working. and that is under been the market. >> the president of the american council for capital formation told me there is only one solution to the economic problems in europe and elsewhere. and >> focusing on austerity alone is not the answer. the real answer is growth. unlike some politicians, one

cannot spend your way out of it. you have to have a strong private sector, liberalizing labor conditions, encouraging foreign investment. for example, not a single candidate in france for president talked about encouraging foreign investment or encouraging the new steve jobs of france. austerity is not the answer, but growth is the answer, but not the way the politicians are talking. >> they do not like political uncertainly -- uncertainty. how can the eurozone, this situation. >> if i had the answer, i would not be here. i would be the president of france and spain and germany combined. democracies, unfortunately, cannot make those hard economic choices that are required. number two, the middle class,

which is the strength of europe and the rest of the world, is alienated. i do not know how you capture their strength, capture their confidence. maybe you need a margaret thatcher. maybe you need an eisenhower, a ronald reagan. and third, what is critically important is angela merkel was wrong when she said this is the most difficult economic crisis since world war ii. it is the most difficult economic challenge since the depression. >> and ultimately, the united states is coming up to their own presidential elections. what you think of obama and his contender, whoever that may be. >> a lot of people criticize the two-party. they say it may not -- the tea party. they say it may not be a political entity in itself. but what you have is the disaffected in france or greece,

alienation. it is not a question of xenophobia or racism, but a group of people who are tired of the leaks in government taking from them and not creating -- of the elite in government taking from them and not creating opportunities for middle-class person. you have tremendous political alienation and economic policy that has failed throughout the world. >> rico, you have the latest on the world's stock markets. >> that is right. at this point, asian stock markets are not immune to the ongoing developments in the eurozone. you can see right now investors are taking a wait and see strategy on how the political and economic turmoil will unfold in the eurozone. if the eurozone will be able to push forward with its austerity

measures and end the ongoing crisis. you have countries like japan and korea slightly lower by 6.5 point. australia is rising right now by two points. they hope for efforts to offset inflation to give the banks what they need to meet consumer demand. investors remain worried that further problems in europe could scale back corporate profits in the united states. as for currency, the euro is struggling against the dollar in asian trade, due to concerns that the debt crisis could help -- could spread there. as for the oil markets, your eurozone issue also pushing oil prices lower, while there is production problems and worries

about iran, and potential supply disruption. it is at $103 per barrel. and brent crude of $118 per barrel. those are the market at this hour. the u.n. secretary general ban ki moon has condemned the bombing by the sudanese warplanes of a market in south sudan. he called on the government in khartoum to stop the fighting. the sudanese president bashir has ruled out negotiations with south said don -- south sudan. here is this report. >> it is this side the people here have come to dread. soldiers and some civilians shot back with the small weapons they had, but they were powerless against the modern warplanes. at least two places were hit. the primary target was this bridge, which leads up to the front line. there and other failed attempts to destroy it.

this time in two rockets missed the bridge. several shops were destroyed a nearby through direct hit. at least one man was killed. the state government told the bbc three other people were critically wounded and are not expected to survive. more than 75 civilians have been killed in air raids since the beginning of march. >> when our forces withdrawn from the area and the airplane came and bombed us today. it killed three people and bombed four shots and now we are suffering a lot. >> the bombing has been condemned by the u.n. peacekeeping mission in south sudan. there is no immediate action from the sudanese military, but they have always cared of cross border air raids in the past. the south sudanese army described its decision to withdraw from the hedge oilfields on friday has not

changed. >> we withdraw, but there has been continuous confrontation is from the sudanese army. and its militia. toward our borders. >> there is growing international concern about the clashes over the last couple of days, which have included ground battles in the disputed area. here, people are scared they have not seen the last of the fighting. >> the formula one grand prix in bahrain might be over, but violence has continued for another day. protestors clashed with police during the funeral of an actress found dead over the weekend. meanwhile, the leader of the main opposition party said the violence will worsen unless the

government pushes ahead with reforms. here is more. >> he is the man who now symbolizes their struggle. mourners and protesters reached just touched the coffin. they blame security forces for his death. these protesters shout "killers, you killers!" familiar black smoke billows over the head of the mourners. the formula one entourage might have left the small kingdom, but the battle of wills continues. supporters of the sunni ruling family to say the violence has grown out of proportion and reforms are under way. but this leading opposition activist says is simply not true. >> you breached a hurdle, the same one we started out with. this government is not serious about having a real dialogue,

about listening to the demands of the bahraini people. these demands cannot be the -- cannot be ignored. who are you to have a monopoly in power? who are you to control your ministries and take advantage of national wealth? >> from 13 months on from when this uprising began and more than 50 dead commodity division here -- more than 50 dead, the deep division here seems wider than ever. >> you are watching bbc live from singapore and london. still to come, slim pickings. workers fear for their future. >> and david cameron says the coalition needs to raise its gains following a series of problems in recent weeks. he stands accused of incompetence, not only by the competition, but also his own

side. one touring mps debbie prime minister and chancellor -- one touring and he said the prime minister and chancellor said they were arrogant and immature. the runner who died as she was nearing the end of sunday's marathon, there have been donations of up totaling 200,000 pounds. the operator baa was ordered to sell at all airports as part of its drive to loosen its grip on the sector. >> this is newsday on the bbc. i'm in singapore. >> i'm in london.

share prices have fallen by around the world following fears of a renewed eurozone debt crisis and political instability in france and benevolence. >> sudan's president has said he will not negotiate with south sudan about the ongoing border clashes. >> the ink was has started into the death of the british intelligence officer, gary williams. his body was discovered have locked inside a bag at his home in london in 2010. the coroner has ruled that none of the evidence will be held in secret. >> garecht williams, a brilliant mathematician who graduated at 17, and went to work at gchq before working for a mi. but in 2010 he was found dead in his slot under the most unusual circumstances. after he was found missing,

police entered his flat. they described passing a woman's weight hanging on a chair before entering the path from where he found a large padlocked red sports bag. when he lifted it, red liquid emerged and he called for help. the suspicion was that someone else was with garecht williams when he died here at his flat. but police have not been able to find any reliable evidence, no dna, no fingerprints. that has left a mystery. >> the lawyer for his family said all of this suggest someone specializing in what he called the dark parts of an intelligence service was either involved or clean up afterwards. so what were his last movements? on august 14, cctv captured him at the hollen park hinchey station. the following afternoon he was at harris and on the night bridge. but his body was found in pimlico on august 23, week after

he missed a meeting at m i six. his sister said she thought 20,000 pounds of women's clothing found in his flat might be gives. he also -- she also said he was unhappy in london. he disliked office culture and the runways. he even spoke of friction in the office -- and the rat race. he even spoke a fortune in the office. some of his officers will give evidence, but anonymously. and some material will be excluded on national-security grounds. but what did his work or his private life, as police have suggested, that led to his death? the inquest is due to last up to two weeks. >> president obama's campaign for reelection later this year is said to be the most sophisticated ever seen. his victory four years ago was seen as an example of social

networking techniques. we have been given more access to the obama campaign headquarters in chicago. >> in obama's home city in one of its many tall towers, a plan is that -- a plan is afoot to reelect the president. it has the air of a call center staffed by people you would expect in a high-tech startup. but do not be fooled by the quirky touches. this is a war machine designed to crush the enemy. to do that, they have to energize supporters, whose enthusiasm has evaporated. we have been allowed a rare glimpse inside this nerve center. it was set up a year ago with tendrils stretch into offices in every state. they have one mission, to build again what has been lost. >> in 2008, the obama campaign

created a structure that campaign itself to its people, they self organized. and this time there is not the kind of grass-roots groundswell. the campaign has to recreate what occurs spontaneously in 2008. >> this year, you are the ca phone. everyone is on laptops. this is a digital -- this year you can hardly see a phone. everyone is on laptops. this is a digital campaign. using facebook and twitter and online inducements to give money. maybe dinner with george clooney, or maybe even with the president himself. he spent -- he donated $35 and ended up being allowed in washington. -- wowed in washington. >> we had all of these expectations going into it and they really exited our

expectations. really genuinely a smooth and not like a seasoned politician, which he is, of course, but genuine and kind. i cannot say enough. >> but the chicago machine is not just about charming voters, but also about scaring them. the instant it became obvious that mitt romney would be the republican candidate, this came on line. >> i like being able to fire people that provide services to may. >> right now, the romney campaign is that a big disadvantage with far fewer money and staff. >> and now you will see thousands and thousands of new volunteers and millions of dollars coming into the romney campaign. >> it was there that obama accepted the nomination -- of the presidency in in front of

millions of ecstatic voters. now you'll have to try to recreate that. >> many of those who work in the export industry live in poverty and their lives are getting tougher. here's a report from sri lanka. >> the landscape is breathtaking. from the forested hillsides to the huge areas cleared 40 in the 19th century. but the work under the sun is quite grueling. picking t demand care. only being greenest leaves. normally, only two leaves and a bug. they aren't -- and a bud. they are carefully weighed. if they get 18 kilograms a day, they get their 40 -- there $40. -- they get their $4. any less, and it is just $2.

they are among the island's poorest people. in her home on the plantation, she has no water or electricity. her young family has been hit hard by rising costs. some days they do not all eat a square meal. in february, the price of kerosene, there is central fuel, was raised by 50%. now they cook on wood. >> is very difficult now. goods are very expensive. my husband does odd jobs with no secure income. we mainly depend on my salary. and as soon as i get paid, all of the shop owners who have given me loans come to my doorstep to take the money. >> at this thailand fact recumbent he moves from bush to cut in barely 25 -- 24 hours. -- at this thailand factory, tea moves from bush to come up in the early 24 hours.

delicious, and while it is quality seal monti, the main -- ceylon tea, the main market is in iran and syria. with the turmoil there, prices are falling. >> he says they face financial difficulties and some of their colleagues face closure. >> we cannot run our factories. the price of tea, the prices we were selling at last month was 310, 320. the cost is less than that. >> producers must find new foreign markets and ways to add value to the crops. for all who make ceylon tea, times are tough. >> the royal shakespeare

production of 38 languages is under way. it will be performed in the globe theater. >> shakespeare had away with language. but he never wrote in now way. -- mawi. or shona. or in sign language. but that is how these plays are going to be performed for the next six weeks of the globe theater in london, as the world comes to his stage, 38 productions in 38 languages. they are part of a global celebration of the playwright from stratford upon avon. >> we wanted to look at shakespeare as world property, if you like. he does not belong to us anymore. how do other cultures approach shakespeare? how they talk about their own societies through his place? >> william shakespeare was born here as robert upon in nearly

450 years ago. the world has -- here at stratford upon avon nearly 450 years ago. the world has changed a lot, but he has not and neither have we. which is probably why he is so relevant today and will remain so. >> this iraqi theatre company has updated romeo and juliet for the 21st century. the warring families are in reference to the cities and shiites. -- the sunnis and shiites. whatever language you speak, to be, or not to be, that is the question. and it always will be. bbc news. >> thanks for watching.

>> make sense of international news at bbc.com/news. >> funding was made possible by -- the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, and union bank. >> at union bank, our relationship managers work hard to understand the industry you operate in, working to nurture new ventures and help provide capital for key strategic decisions. we offer expertise and tailored solutions in a wide range of industries. what can we do for you? >> "bbc world news" was presented by kcet los angeles.