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tv   Journal  PBS  October 29, 2010 5:30pm-6:00pm PST

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welcome to the "journal" on dw-tv. the headlines at this hour, eu leaders to back the french and german plan to stave off the debt crisis. indonesia's mount merapi continues to erupt. and two weeks after the rescue, the chilean miners say it is their families and faith that help them cope with life.
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ñ the european union is facing a new round of negotiations on the lisbon treaty after leaders agreed to embark on landmark reforms designed to fend off another financial crisis. the agreement was sealed under pressure from german chancellor angela merkel and endorses limited changes to the treaty. berlin and paris demanded document be amended so we rescue fund could be set up to help nations in financial distress. >> the german chancellor and french president spent long hours trying to win over their partners. many were anchored by the agreement. but there were no hard feelings. >> my relations with mrs. merkel are untarnished and warm, but this time we did not embrace as much as usual. that has nothing to do with the news from deville. it is more about my sense of christian altruism, which
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forbids me from kissing anyone when i am suffering a bad cold. >> they resisted a german proposal to suspend voting rights of member nations that break eurozone rules, but leaders endorsed a rewrite of the treaty to create a permanent debt crisis mechanism in which private creditors shoulder part of the losses. >> some leaders were not particularly interested in this, but i understood the argument, which i repeatedly put forward. that is to ensure the legality of a debt t isis mechanism, we need to amend the eu treaty. >> the best way to solve the problem is to tackle the issues and not sweep them under the carpet. >> the details of how a permanent crisis mechanism should work must be thrashed out in time for the next summit in september. >> we will have much more on
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that summit coming up later in this half hour. u.s. authorities are investigating what they're calling a potential terrorist threat after receiving intelligence that al qaeda in yemen may have shipped an explosive device to chicago. the security scare was triggered after suspicious packages were intercepted on their way to chicago. an american cargo plane in central england was intercepted, the other was at an airport in dubai. they then searched cargo planes in philadelphia and new work. so far, no actual explosives have been found. u.s. officials also ordered fighter jets to escort passenger planes from the united arab emirates into new york city's jfk airport because it was carrying a parcel from yemen. at least 21 people have been killed, 45 wounded in a suicide bombing northeast of baghdad.
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authorities say the assailant blew himself up at a cafe and many of the victims were women and children. the attack occurred in a neighborhood predominantly made up of ethnic kurd shiites. now merapi has been erupting just two days after a killed 33 people on the island of java. officials brought people to safety. tens of thousands of people have left the area or have been as accurate. >> mount merapi was still spewing clouds of smoke and ash on friday, with the lava flows down the hillside, causing a remote threat. officials of evacuate residents living in the danger zone. villagers who initially ignored the orders were brought to safety. medical personnel say many are still in shock after losing friends and loved ones in the initial eruption.
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>> i just let go and pray to god. i hope this will be over soon and there will be no more casualties. >> but experts said the volcano showed few signs of settling down, raising fears an even larger eruptions could be on the horizon. mount merapi is considered one of the world's most volatile volcano. the death toll from a tsunami that hit indonesia on monday it was still rising as rescue teams continued their search. but there were glimmers of hope. four days after the disaster, an 18-month-old baby was found alive in some trees. both of his parents were killed. very good news for a chahae in the u.s. economy, growing at a moderate pace in the third quarter, reinforcing the view that the federal reserve will introduce further stimulus measures next week. gdp rose 2% on an annual rate.
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soothing fears the economy was falling back into recession. it was not enough to create new jobs. much of that growth was because of a sharp increase in consumer spenng. the gdp data was largely in line with expectations. on to the markets, european exchanges focused on the u.s. job data friday to end slightly higher a second straight month. dorothy is our correspondent and sent us this report from the frankfurt stock exchange. >> after plenty of positive results, traders could take a break, concentrating on u.s. economic data, backing the markets. the dax finished with modest gains. next week, the u.s. central bank could make a policy change. shares of germany's second-
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largest construction company have been heavily under pressure, traders sceptical to the announcement of the ceo of the company. looking at several market indices in more detail, sting in frankfurt, the dax index closed the trading day up about -- up very slightly, less than a percentage point. the euro stoxx 50 was also a tad lower. the dow industrials were up at 6601. finally, the euro is trading at $1.3916. the french strike over pension reform has eased further, with workers at the world's third biggest oil and gas terminal voting to end their protest. the workers at the terminal had been striking for a month.
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the strike at france's oil refineries had led to massive shortages and long lines and the country's filling stations. will companies in france as they have lost hundreds of millions of euros of revenue as a result of the strike actions -- will companies said. one of the country's biggest engineering companies has detailed an attempt to stop a train operator from purchasing trains from its german rival, siemens corporation. they tried to force the suspension of a deal worth 600 million euros for 10 high-speed trains. the inner-city express trains from siemens could be traveling to cross channel route between britain and france beginning in 2014. the deal to buy the trains has sparked a fight between germany and france. delegates at the e.u. summit in brussels have agreed on measures to prevent another
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european debt crisis like the one increase earlier this year. currently, members must keep their budget deficits below 3% of gross domestic product and a total debt under 60% of gdp. that is a feat that few have managed to achieve. >> the financial crisis burned big holes in the balance sheets of the eurozone countries. it hardly any nation got away with having -- without having to fork out billions to save banks. after the bailout scheme the economic stimulus packages, that and more debt. a national debt last year for greece hit over 150% of gross thematic product, higher than the economic output for the entire year. other countries that are heavily indebted include italy and portugal. the same applies to ireland, which booked solid before the crisis hit. in germany, that was also high,
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73%. -- debt was also high. most economies in the eurozone are still sluggish. what is unclear is how countries with low earnings will be able to effectively tackle those mountains of debt. the world expo in shanghai drew to a close this weekend. a better city, better life, the the theme. they're addressing urban issues, such as overcrowding, transportation, and the informant. >> people attending the expo had to wait up to five hours to get in, so they were a bit impatient once inside. a record number of people thronged to the event. >> china has been very active, and there have been 17 million
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visitors and expo. >> 240 countries put their products and inventions on display. this is a larger than life chair lift, to showcase a mode of transportation some see as a way to get around future megacities. >> this is really amazing. you get a great view of the ground from the left. >> from the outside, the german pavilion is futuristic. organizers say people spent on average about an hour inside. from the inside, it is traditional, yet filled with state of the art environmental technology. the construction cost german tax payers and record 50 million euros, an investment that government and businesses hope will pay off in the long run. the expo closes sunday, but not before another flood of visitors arrive. in germany, the sister party
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of chancellor angela merkel's cdu is holding a conference in munich. after decades of dominance, csu has lost its absolute majority in bavaria and is forced to share power with the free democrats. there also facing questions about their leadership. >> a solid majority of delegates support efforts to bring military conscription to an end, making it a volunteer army. it gutenberg, the defense minister, is the architect of the plan. some say it is a sign of his tenuous position. guttenberg is enjoying immense personal popularity. but this was a time for the party to come together. >> it is unity that counts, not a silly leadership debate. unity is what counts in the coming days.
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>> chancellor merkel also paid a visit to munich, seeking to lend support to the embattled leader. >> the question is, how much concern is being shown over the concerns of a successor or whether i am concerned? no, is that clear? >> despite the appeals for harmony, there is mounting uncertainty over the csu leadership. it would appear the head of the party is increasingly in question. >> olympic and world swimming champion from germany is set to end her 15-month. from competition because of illness when she races in the world cup in berlin. she is engaged to be double world champion, who won three freestyle titles in rome last year. >> it was the first public appearance since they announced
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their relationship in march. the break from competition was tough. she admits that she considered giving up. >> once i said maybe it was just luck that i became an olympic champion, but he gave me a reality check and said, if you ally want to achieve something, then you will. if somebody believes in you like that, you begin to believe in yourself again. >> the grind of daily training took its toll on the 26-year-old berliner. she suffered a shoulder injury and prolonged illness. it is a long way to the london olympics, and she needs to exercise caution as she seeks to regain her peak form. >> this is the first that. i have a goal, the 2012 olympics. there is the world championship in shanghai next year. i want to use the short course to get back into these competitive spirit and the training regimen. >> she wants to prove herself
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and that is exactly what she is going to do. >> she appears relaxed and ready for the challenge. the 33 miners rescued and chile earlier this month have been talking about what the thing going for the 69 days on the ground. they say was their faith in god and the love of their families that was most effective. as they adjust to the limelight, they say it is these aspects of their life helping them maintain their balance as the work to adjust to their new lives as media stars. >> there are heroes' welcome galore for the rest you to minors. it is clear they are still not comfortable in their new-found role, but they're learning to deal with that. >> i am very thankful to my country. chilean hands made it possible. >> for the past two weeks, they have been on tour, turning up
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everywhere. they played a football match against chilean politicians and attended a festive dinner in their honor. they have accepted all kinds of personal gifts, from medals to tiny flags. >> i am not an artist or journalist. treat me like a worker and a minor. >> the chilean president often shares the limelight with thehe miners. their plight has turned him into a hero on the world stage. he sometimes jokes about their ordeal. >> the winners go over here, the losers go back down the mine, and we will rescue them again. >> but in reality, there is no
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going back. their lives will never be the same. changing the lisbon treaty to protect the eurozone. more on that coming up. more on that coming up. >> we will be right back.
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welcome back. some are calling it a victory for german diplomacy. berlin, together with paris, convinced e.u. leaders the lisbon treaty needed to be overhauled. the reworking it includes a permit rescue fund to handle any future crises. angela merkel and nicolas sarkozy did not get what they wanted in terms of punishing countries that fail to reduce their debt and deficit levels quickly enough. they were aiming for an immediate suspension of voting rights for offenders. the president of the european council is set to report back on how changes to the treaty could be implemented in december.
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chancellor merkel took a gamble at this summit, but didn't pay off? we put that question to our correspondent in brussels. at -- did it pay off? >> yes, it did. she lost one battle, the suspension of voting rights. frankly, the bigger prize was the one that she got, which was the agreement to look into ways of putting this permit crisis mechanism, the permanent bailout mechanism as was agreed it temporarily for greece into the treaty. that means reopening the treaty. the wording is clear in the summit conclusion, limit it reopening of the treaty. what that means, it will require ratification of their revised treaty in 27 member states. europopn parliament and peas are are saying -- european
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parliament mp's are saying they need to be involved in this could be a long, drawn-out process. but the hope is this can be achieved, that the lawyers can come up with a way of putting this permanent crisis mechanism into the treaty as the german chancellor wants without having to go down the road with major surgery on the existing treaty, which would require parliamentary approval across europe. >> what are the risks involved reworking the lisbon treaty? >> the big danger is if there is any sort of slim opening of the door for a treaty change, there will be those who will say, look, while we are at it, let's look at other things. this is always the risk. when the tree is reopened, it is fair game. -- when the treaty is reopened, it is fair game. they may look at other issues. that is why e.u. leaders want to
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avoid setting up a convention which brings mp's into it and almost invites people to say, let's make a more thorough revisal of the lisbon treaty. that would be a real negative for your's long-term future. this lisbon treaty took nearly 10 years and caused all sorts of disruptions. one of the e.u. nations especially at risk of national insolvency is ireland. the government deficit following the bailout of anglo irish bank is now 32% of gdp. unemployment is 13.7%. the situation is especially bitter for young people. a poll conducted earlier this year of young people between 12 and 18 showed about 16% expected to be unemployed after finishing their education. 48% anticipated having to leave the country for work.
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here is more on the new irish generation being forced to leave their homes and families and seize their chances overseas. >> gaelic football is the most widely played sport in ireland. these men train price a week at the mixture of football and rugby. in recent months, fewer players have been attending sessions. the economic downturn is threatening the team. >> to be honest, it looks like things are only getting worse. it looks like there will only be more money leaving the country. >> they have all left. every few weeks, another player leaves the team, often to seek their fortunes abroad. it is a countrywide trend. 5000 people leave ireland every month.
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>>y good afternoon, fellows. >> this part of ireland has always been home to more cows than people. the butter made in the region is famous. the scene make sure remember of a holiday in a brochure. but the area is no longer wealthy. during the boom years, are alleged involvement economic upswing. -- ireland invenjoyed an economic upswing. now the landscape is covered with ghost towns. two of this couple's three children have both emigrated to australia, but she is regularly in touch with them and their young grandson by the internet. patrick has found a job there,
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but he misses ireland. [inaudible] >> his mother is not confident he will leave australia anytime soon. >> i could see him coming back in a few years, but not the next five years. >> there is certainly little work in ireland at the moment. this family's plaster molding business is struggling. they once employed 10 people, but now there is only one left. her sons used to work for the family business. domestic demand is at rock bottom and unemployment has risen to 13%. that is almost twice as high as
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in germany. >> first of all, with the scale of the banking crisis, banks are eating up the cash from the government. the other thing is the recession. a recession and ireland is protected the lead bad. >> in dublin, angry locals have taken to the streets in protest of the banks who they say are the root of the problem. it has cost the irish government 50 billion euros to bail out two of the country's largest banks, and almost bankrupted the state itself. now the country is owning in debt and its citizens a strict austerity measures. the mood is reminiscent of earlier, a darker times in the 19th century, when millions of people left ireland in search of a better life. most were fleeing the potato famine that claimed the lives of 1 million of their countrymen. the story of those who left is told in a heritage center.
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there are now far more people of irish origin living abroad than in ireland itself. immigration is still common. -- emigration is still common. >> it is particularly because of the developments, where people have relations in america, australia, britain, many other countries. iis not as scary because they know people who have done at. >> many have found a better life in far-flung countries, this monument recalls those who went down with the titanic on their way to america. contemporary irish immigrants may face an uncertain future, but at least these days their journey is less perilous. that has been our look at the e.u. summit and its implications for countries like ireland. thank you for joining us. stay with dw-tv if you can.
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captioned by the national captioning institute --www.ncicap.org-- 
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no. well, it's just past there. first house in the right after the cottage on the l
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don't panic. brazen it out. me? - no. - right. here goes. yippee!

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