tests that claim to diagnose h.i.b. infection are faulty and i think they've got a very strong point and that that's why after all these years we're still seeing such dissatisfaction with the efforts of the scientific community it's not that they're not trying but but they're there misdirected their efforts there was a study of nearly nine hundred women in south africa. during the period where they were followed for about eighteen months on average having received half of them receiving this this supposed virus cycle jails and half not and they found that there were ninety eight of those nine hundred women became infected supposedly and of those thirty eight have been treated with this jail and sixteen not which is not a very big difference in itself it's claimed as being a forty percent reduction in hiv infection but actually that's a very high rate of infection in eighteen months i would see that as a study that that if one were to believe those figures we would say that this was

a great failure in fact because of the problems with the hiv test that these people are using i think that the entire study is is misrepresenting what's really going on. now for small but wild news this hour north korea has called for joint military exercises between south korea and the u.s. to be counseled calling them a threat to global peace it also described new u.s. sanctions as a clear expression of intensified hostility hillary clinton is expected to discuss the issue jane the assy and we've known for a tension it was high considerably in march off to north korea was accused a sinking a warship belonging to the south. who is weeping across south and signed up with water and to rain to the country the storm comes after a severe flooding and landslides that left more than seven hundred dead three

hundred forty seven missing so far this year many roads bridges and tunnels is tell us what officials say damages from severe weather conditions are in the tens of billions of dollars it's the worst flooding in the country in over a decade and. the u.s. senate has passed a bill aimed at helping a two and a half million unemployed americans whose benefits of jews who run out the small the bill will extend welfare for a further three months many were left without financial help due to the stalemate a negotiation is between republicans and democrats say they'll send the bill to the white house to be signed later today. now it's time for the latest business deals with daniel don't go away. we'll get to business unusual uncertain was how ben bernanke you described the prospects for the world's biggest economy the response by the financial markets to

the federal reserve chief testimony has also been one of all certainty as these comments fueled fears about the strength of the global recovery within a culture of reports. ben bernanke used testimony did little to reassure the financial markets about the durability of the global economic recovery growth on the one hand he declared there was little probability of the recession returning but on the other his says it's a number of first factors including high unemployment and the weak housing market an important drag on household spending is the slow recovery in the labor market and the attendant uncertainty about job prospects after two years of job losses private payrolls expanded at an average of about one hundred thousand per month during the first half of this year a pace insufficient to reduce the unemployment rate materially the chairman said the central banks to drag to further ease monetary policy if they would come free showed signs of stalling but with interest rates close to zero he has little room

to maneuver here in europe there are additional layers of uncertainty in the immediate future there are the results of the e.u. bank stress tests to contend with there's also the prospect that this sovereign debt crisis will come back to haunt the markets once this summer low is over but for the time being at least investors are able to take some confidence from unexpectedly strong corporate results from both sides of the atlantic when you know it's not business. to look at the stock markets of europe is growing in the afternoon the rest of the warming to that the federal reserve report this morning personnel forcing growth capital is lending support three percent higher that's off the posting a fifteen percent rise in first half profits but north korea has revealed some bad news off the board to profit fell forty percent to two hundred ninety million dollars experts say the phone maker is lagging behind its small for innovation. here in moscow markets have made up the borders losses there are up almost

a percent one of its own two and a half percent higher. than twenty five million dollars last year a thirty percent. pay rise but drew owner of the plan the suffered a terrorist blows yesterday is down. food chain length says he's back in the black the same petersburg based discounts are posted a profit of eleven point three million dollars last year after a twelve point four billion dollar loss in two thousand and eight the firm has thirty seven hypermarkets across eighteen russian cities. now russian social network class nicky the rue says profits increased knowing times last year their profit jumped to twelve million dollars compared with only one point three million a year earlier the better than expected result was attributed to new paid services and cost cutting class thinking as to thirty five million members and received ten million hits a day the profitability of russian business increased by eighty six percent in the

first five months of twenty ten compared to the previous year the statistics service says the combined pretax profit in launch and midsize companies climbed to eighty billion dollars working in the extraction utilities and processing industries were among top gainers meanwhile the number of companies recording a loss dropped by just two point six percent compared to the first months of two thousand the knowing when the country was in the depths of recession. russia are suffering its worst drought for a century sixteen regions have declared a state of emergency and we talk of it is particular to be twenty percent lower than last year the head of the country's grain union warns the poor crop could push up prices on the high street if get in the door she an economist at trust bank says the drop could lead to inflation but not straight away. this is very likely to generate negative negative negative price growth rates in august with the piece will be deflation so finally we will see and this will decrease the total year to

be inflation from four point seven percent four point eight percent by the end of july to a lower. them but the situation may change unfortunate because of the sort of like that. for us. weaker than usual and the decrease in prices will be limited and patient will begin in september and will be. fostered then one might have expected about the drought. and finally did football club is the most valuable franchise in sports according to forbes magazine the english premier league joint top the list of the world's most valuable teams forbes estimates of munched united to be worth one point eight four billion dollars with the national football league's dallas cowboys in second place but even so they warn it has around one billion dollars worth of debt. now wall street opens in a few minutes time join me next hour to see if they can open up.

if. russia would be soon rich writer if you want to bounce from funds to freshen. stunts on t.v. dot com. fifty. fifty fifty fifty fifty

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