>> it is when :00 p.m. in paris. you are watching france 24. live from paris, our top headlines this hour. emblematic law had forced many chinese couples to have just one child. china's official news agency, all couples will be

able to have two children. community,tional according to john kerry. here to meet with russian, turkish, and saudi counterparts. the head of fema wants his money back. .ome of the deals done craig dyke says he will be looking to recoup the 21 million pounds. those are the headlines this hour. coming up, a massive overhaul of one of europe's biggest banks. how deutsche bank is planning to shed some 30,000 jobs.

our top story this hour, china's ruling party has said today that it is to ease family planning restrictions to allow two children's for all couples. the change represents a major liberalization of the country's restrictions which had already eased slightly in 2013, that prevented many couples and china from having more than one child ever since 1980. we are going to speak to our correspondent in beijing, tracy chairing. c --hang. tell us a little bit more about what this change means. tracy: it probably refracts more and the status of china's economy. this -- it reflects the chinese economy is in deeper trouble than we previously estimated.

if we do not have enough population growth, it is going to exacerbate these problems. china has been relying on cheap labor exports for the past 30 years and that type of model has not been sustainable. this policy has been in place for almost 40 years. i personally have done a story about it. 50% of the about primary and secondary schools in a city were closed for the past 15 years because they simply did not have enough children. furthermore, about 30% of the population are above age 50 and that is a very scary number because that means my niece's generation, when child would have to support about six adult retirees. these numbers are very astonishing. there is also social upsets

because my parents' generation, they are the first generation that got hit with this policy. some people have lost their only primarilychina's new relying on their children to support them. retirement social system so these people are very upset that they have lost their own child -- only child and are uncared for. havenumber of exceptions meant that many chinese people already could have more than one child. can you explain a little bit more about that? tracy: about two years ago they recognize the problem and relaxed policy. before today, before this news couplet today, if one member is a single child they can have a second child. people born in the 1990's and

1980's generation are very westernized and do not want to have more children. it is getting very expensive to raise more children in china so while 90% of the couples who were eligible decided not to have a second child. with this new policy, they are hoping they will get 250,000 newborns every year but it is questionable whether they can actually hit that number. people do not want to have more children and cannot afford more. already, the mother and father would have to work to support a normal family. if they have two kids it will be even harder. behind thisted that will be some kind of recognition that china's economic problems are pretty serious and need to be addressed. has change, early enough to make a difference? probably is certainly not going to make any change in

the next decade or two. china's birth rate has been declining. it is scary low. 2011opulation peaked in and we are slowly steadily declining from that point. in terms of growth, we are growing but the rate of growth is steadily declining. china is going to have a very painful structural reform and they want to change the economy to a consumption led economy. if you do not have enough young people to spend money, and young people for labor participation, that is very scary. technological advancements are not catching on. they primarily rely on cheap labor. if they do not have enough cheap labor to participate, the short-term structural changes will be severe. >> thank you very much.

that change announced in china a little earlier today. the emblematic one child policy is now abolished. dolly has run the sackur of prize -- sakharov prize. he was given the prize as a way of honoring him as a symbol of the fight for freedom of speech. the president of the european parliament has urged king saul munn of saudi arabia to free mr. collect so that he can has prize. is according to the americans, the most promising opportunity for a political opening in syria that we have seen. talks in vienna, john kerry arrived earlier today.

they are aimed at finding a solution to a civil war that has gone on for more than four years. turkey and saudi arabia are set to meet today, and a broader meeting tomorrow will include iran. it is an important reflection of what has changed since the last talks in geneva in 2012. >> hereon could be part of the decision -- iran could be part of the decision. the west could no longer give the syrian regime the cold shoulder. >> from day one, we have always said the solution lies in a political solution. hereon has acknowledged members of its revolutionary guard are present in syria in an advisory goal, but denies they are taking part in combat operations.

attachedditions were --iran's precipitation participation, but how to resolve the conflict, the u.s. is willing to deal with some of bashar al-assad's government. >> nothing would do more to bolster the fight than a political transaction that sidelines assad so that we can reunite more of the country against extremism. we have to eliminate the mindset encouraged at the beginning that the only choice syrians have is between the two of them. invitation -- iran's to pursue -- participate was extended to russia. vladimir putin said the eu had a

special interest in bringing , drasticallyia reducing the flow of migrants. >> the russian former dutch foreign minister said the goal was to launch -- the russian foreign minister said the goal was to launch a political dialogue. our correspondent in moscow joined us a short while ago. >> russia and iran have both said that they consider bashar al-assad to be the legitimate leader of syria and any post-conflict state in syria, he should be given the chance to take place in elections. the syrian people should be able to vote on whether he remains later of the country. it is a big diplomatic change that iran and the u.s. are together in the same summit.

it is a big diplomatic change that saudi arabia and iran are together in the same summit. we will really have to wait and see when this key issue of the state of bashar al-assad will be resolved, whether there can be some initial agreement each wing these major problems -- powers. >> thomas low reporting earlier. thousands of refugees fleeing the violence in syria continue to make their way to europe. many of them taking the jury via greece. -- taking the journey via greece. the greek coast guard yesterday rescue 242 people off the island of leshbos. 11 people are known to have died in the eastern a gnc, and more sea, andastern aegean

more bodies have been recovered. >> these migrants were found helplessly adrift after their boats capsized near the island of lesbos. the greek coast guard battled dreadful conditions to rescue survivors. 242 people were brought to the port village to receive first aid but dozens are feared dead. in recent weeks, thousands have attempted to get to the island sbos, just a few miles from the turkish coast. the flow of refugees is not slowing. local residents were expressing anger and despair. they say they are overwhelmed as the island is receiving up to 7000 new arrivals every day. >> this is the mess we are in.

the big states are the ones we have to help. babies are drowning. i cannot hold back my tears. they are small and unable to cope. big states must do the job. than far this year, more 500,000 migrants have attempted the crossing from turkey to greece, according to the international organization for migration. in total number of deaths the mediterranean is 3175. to the coming in newsroom within the last half hour, the moldovan parliament has dismissed the government of the policy. they approved a new policy. they submitted their request to parliament after weeks of protest. thousands have been camped out

since early september in protest against government corruption. passed,ion has been which means the moldovan coalition government has now fallen. we will continue of course to follow the story as it continues to develop. suggested there is a place for russia to host olympics --2018 world cup. this has sparked anger and controversy, not only in england but different countries that spent millions bidding against russia. >> he was suspended from fee for --ee weeks ago -- fee for fefa three weeks ago. he said the decision had been

made to give russia the 2018 world cup before the discussion took place. groupagreed inside the that we go to russia because the world cup has never been in eastern europe. for 2022, we go back to america. >> the 2022 world cup was awarded to qatar after the french president allegedly reneged on the initial agreement. the disclosure is sparking outrage across the world, especially in england where the world football association successfully bid against russia, wasting thousands of pounds. it is a corrupt organization and has been corrupted for some 40 years. therefore, not a lot of it surprises me. >> the bidding processes of the 2018 and 2022 tournaments are

the subject of ongoing investigations. sepp blatter is facing criminal charges over a suspicious payment. he is serving a 90 day suspension. it is quarter past 1:00 and paris, thank you for being here. china abolishes its one child policy, in place since 1980. it limited chinese couples to a strict one child restriction. according to the chinese news agency, all couples will be allowed to have two children. charting a course out of hell, that is the challenge faced according to john kerry.

russian, turkish, and saudi counterparts will meet with him the head of the football association says he wants his money back. greg dyke says he will be looking to recoup the 21 million pounds spent on england's failed 2018 bid. we will have a look at the latest business news. stephen carroll is here. a lot of news coming out of this meeting. en: they are unveiled the five-year plan for the chinese economy and we are getting some via the state news agency of exactly what has been announced. they are going to revamp their tax system over the next five years and will be reforming how they deal with overseas

financial markets. this after the stock market rife in china. it is interesting to see how the news out of china is affecting the stock markets in europe. jumped afternon china announced they would and they're one child policy. the company sells formula for babies. the markets generally down over the head of a possible rate rise in the united states coming out of the federal reserve earlier on wednesday. deutsche bank is cutting 9000 jobs as part of its effort to get its finances in order, and will shed another 20,000 by selling off some of his business units. this is an effort to revamp the

lender that recorded record losses of more than 3.6 billion euros. >> outlining a massive overhaul with one of europe's biggest banks, played by investigations and finds, deutsche bank is trying to merge leaner and more efficient. in losses overos the past quarter. the new chief executive who took the reins in july said he hoped to lead the bank by slimming down its broad business model. cost suggest our reductions are ambitious. we think they are realistic and the context of where the bank is and the need to remain competitive, and we would like to do better. >> they announced plans to close operations in 10 countries. -- 90000 full house

full-time jobs will be scrapped. 20,000 staff members will be shed in the sale of subsidiary businesses, including the postbank retail bank. deutsche bank will not pay dividends for two years. they will overhaul their top management. they are trying to cut 3.8 billion euros in annual costs. stephen: cost-cutting at air france, which is helped the airline group's profits more than quadruple. they were just under 900 million euros for three months after revenues rose 10%. it is an overwhelming need for more cuts to keep pace with its rivals. royal dutch shell says canceling its arctic exploration for oil is costing 2.6 billion dollars.

they are writing off more than 8 billion from other projects. that is the equivalent of 5% of the value of the company. suffering, them french firm to tell. they were down nearly $20 billion compared to the same period last year. 10% over thate three-month period. to china, where airbus has received new orders for new planes. the deal was signed during angela merkel's visit to china. previously announced orders from 30 83 30's and new orders for 20 a320s. >> thank you very much, stephen carroll. the latest business news.

it is time to take a look at what is grabbing headlines in the weekly news headlines. lots of attention on the environment. just a month ago before the crucial summit to be held. >> climate change is a hot topic in magazines these days. the french version of natural -- natural geographic has a survival guide -- national geographic has a survival guide on how to survive on a warmer planet. the middle east could become too hot for human life within the next century. national geographic points out that lots of things will change because of global warming. one of them, and this was studied by researchers at work late university -- berkeley university, with each degree rise in temperature that will be an increase in lightning

strikes. the number of lightning strikes will increase by 12%, and this could increase forest fires. national geographic points out the clock is ticking, and 2015 could be a turning point that everybody needs to act together. another magazine is focusing on the situation here at home, focusing on what climate -- climate change will change region by region. it is an 80 page special. parisians will have to get ready to experience temperatures that you usually see in the south of spain. >> what we felt this summer. another magazine has been focusing on the possible solutions. >> how can we save the planet? that is what they want to know this month, and they go around the world looking at what various countries are doing. india is investing a lot in solar power.

mexico is betting on electric vehicles. it reminds readers that everyone can play their part to change the world at your own level. >> looking at how to save the planet, but how to save your child's health. >> a pretty scary addition, they wonder is your child polluted? this striking photo of a young girl wearing a gas mask. they said they found 20 chemical molecules in her hair. it is a very interesting addition. they essentially analyzed the hair of 63 children from the ages 0-12, and the results are scary. they found the presence of an alarming number of chemical products that can disrupt hormones. where do these troublemakers come from? a lot of places. the food you eat, toys, pollution in the air, etc.

this can all have very serious health consequences for children including autism, diabetes, early puberty. this edition comes out with two other alarming reports about what is in our plate. there was the world health organization that issued a study saying that processed meat can cause cancer, and another report gota lot of attention that -- that focuses on toxic packaging that can contaminate your food as well. marked thek also ten-year anniversary of the killing, the death of two teenagers in a paris suburb, one of the rougher suburbs. their deaths as they tried to flee police caused weeks of writing. -- rioting.

>> many people are wondering what has changed in the past 10 years. charlie hebdo has an interesting take. they are focusing on the rioteaj

narrator: this is grace, a business woman in kigali, rwanda. eight years ago, she was starving and unable to feed her children. many of her family had been massacred in one of the worst genocides of the late 20th century. but today, thanks to an innovative program, life is good. she earns up to $200 a month from her furniture business and employs 11 people.