but you can approve the second disaster recovery project devastated communities call out for more psychological support and fears grow over radiation levels in the area around fukushima. shining a light on the web but international terror russia publishes a declassified list of people and groups it says are financing extremism in the north caucasus. and the euro's woes take a turn for the worse as portugal's debt gets downgraded to junk status with panic spreading over where it will end. and a diplomatic dustup between russia and france moscow reportedly hits out of the

french libyan rebels saying it was a violation of the un resolution on the conflict details on that just ahead. international news in comment live from moscow this is. almost four months since the massive earthquake and tsunami tore through japan's northeast the daunting task of rebuilding homes and lives continues efforts have been boosted by the passing of a second emergency budget of almost twenty five billion dollars as well as financial assistance traumatized survivors are also in desperate need of emotional support as thomas reports. as the waves crash against damage to sea wall on the japanese coast volunteers work tirelessly to clean up the degree in bring some sense of normalcy back to the area. and i want to

tell people we need more help more supplies and things are still kind here beyond the physical destruction and there is a distressing psychological factor as well a city if you want he is right on the edge of the twenty kilometer exclusion zone for radiation contamination in fact in a recent study by japan's nuclear safety commission forty five percent of one thousand children tested in the walking into neighboring cities have tested positive for thyroid radiation exposure a figure that has parents appalled that. we have the government has reserved a great ear if the safety and are not concerned with the consequence of their reaction to help the government face but they don't actually take care of the damage and the people here first there was the earthquake then the devastating away with rustin and destroyed of this part of the coastal city of iraq and also there are the nuclear radiation waves that are coming into this area as well the volunteers that are coming into rebuilding this city certainly have their work cut

out for them but just like the city itself the people who live here the community they need to have their spirits rebuilt as well but. again it in an effort to keep the community emotionally strong organizers have brought this acting troupe in from tokyo they say their goal is to provide something beyond a simple intertainment or wear a certain japanese pride and this destructive situation i would like to bring good things and present the spirit of japan and japanese pride by bringing people together and making people smile. through that shared community experience there is a sense of hope that the city of milwaukee can indeed recover from a convenience store because of it close to the city although it's you see feeling like it's coming back. and with an understanding that there is still much more work that means to be done the people here are working to keep their community together

. i just want them to stay where they want. and if i can be helpful that i keep doing it. rebuilding the city one step at a time any walkies city japan sean thomas or t. in the wake of the crisis and focus emerge upin is going to stress test all of its nuclear power plants to determine how well the reactors could withstand further natural disasters the move is also into the short people but the facilities are safe he spoke to lead director general of the world nuclear satiation he blames the media for stirring up public panic in japan and that interview is coming up in the next hour. the russian government has published a list of all individuals and organizations proven to be sponsoring terrorism you know what includes international entities involved in funding extremism their names taken from a u.n. blacklist the north caucuses correspondent with never has the details. i list of

individuals and companies suspected often involvement in financing of terrorism was published in this government own newspaper this morning you know this document was a previously confidential but now part of it is open to public now companies that are present in this list are located in different countries and basically across the globe there are companies that are based in egypt in afghanistan in somalia and even in germany and the united states in terms of individuals they also come from a significant range of countries from the countries of the middle east from african countries from germany the united states and from russia russian citizens primarily komo from of the republics of the volatile region of russia's north caucasus from chechnya and from and that you stan there are also some well known names in this list some well known groups like the muslim brotherhood and russia's most wanted terrorist the motto of this document shows that some kind of a nod or

a has been created that connects countries with each other and that the problem of terrorism has become an international issue now several years ago the world thought off by a church inter is the president here in this region asked of chechen rebels but now the situation has changed whether russia's most wanted some on the morrow being present on vilest of the world's most wanted terrorists and it really is this document shows how the system works and of the problem all for a truism is that far from being sold and it is an international problem. a lot more still to come in the program including selling weapons or selling old joe but he is reportedly planning to export two hundred to saudi arabia moves for human rights and opposition politicians as. that story still to come first europe's ongoing struggle to save the euro. has been

dealt another blow as portugal has had its debt downgraded to junk status moody's the credit rating agency behind the move says a default is likely unless the country is given another bailout but many analysts have questioned the logic of saddling struggling economies with more debt as speculation grows over whether the e.u. is ready to come to portugal rescue again but it discuss this and are joined by rolf reaper well he's an economist with the independent think tank open europe joining us live from our studio there in london now many are wondering whether portugal could become the next greece but is it really fair to compare the two situations. but obviously they have very different independent characteristics but to some extent they are similar in terms of the market reaction the fact that now looks like the portugal will need a second bailout some point in the future and that it could default puts it in the same sort of financial problem as greece and it could have the same sort of financial market response as a greek people so obviously there are similarities but you do have to assess these

countries on their independent characteristics but isn't it you know one of those independent characteristics is that at least the portuguese government seems to have more political support and also support from the people forced there are any measures in comparison to what we see in greece and that's important is it not to get that support for the government. completely the political aspects of it is very important as we've seen in greece the process of undermine the austerity measures massively we have to remember that the greek public has been putting up with this for much longer than the portuguese public have so maybe a year down the line we might be seeing similar process in portugal in lisbon as we're seeing now in greece so we can't really mitigate for that. there's still the whole problem of rest in the central countries such as germany where there is the outrage against the bailouts not just to greece quite to countries such as portugal and this political unrest seems to keep growing and will keep growing with the second bailout and. that dissent coming from taxpayers in germany and other countries around europe from stronger economies. completely the especially the aaa countries within northern europe finland austria netherlands we've seen the rise of

the euro and see parties particularly in finland with the true friends and with upcoming elections in germany and other countries it's likely you will see similar results in these countries people are growing very tired of underwriting the bailouts for these other countries. so it people are tired of this but isn't it the right thing to be doing i mean clearly the european leaders there have been very strong about their plan and being stubborn in many ways in maintaining this this plan for the future bailouts will work eventually willing. well they don't actually look like they will work at all they won't solve any of the long term problems they do allow the countries to fund themselves for short amount of time a year or two as we've seen in greece it was only a year and now they need another bailout but ultimately these countries are insolvent and they will not be able to promise and solve the long term so they will need some form of debt relief and some form of restructuring so it's better to get through this sooner rather than later as all only increase in terms of both

political costs and economic growth. in all these countries is yet to peak and will continue increase next year so the eventual restructuring the eventual write downs which need to be taken will just get larger not to mention as we've already spoken about the political costs of continuing these bailouts and the austerity measures so what happens at the end of the line if it doesn't work in a few years from now what is the alternative. well i think the alternative is there will be a default in these countries at the moment the real e.u. approach just seems to be to lay it for as long as possible it looks as if germany and france are dictating this and they're trying to protect their banks and delay the inevitable default so the banks have time to build up capital buffers and it will be able to withstand the shock when it does come however that is far from assured just very briefly i want to ask you the european commission strongly criticizing these agency ratings is that they're mean they're saying this is harmful it's not right time to be doing this but do they have a point that these agencies ratings are harmful. well the rating agencies are

independent organizations and they represent private investors for the most part and they're doing what they believe is right and what they believe is best and i think the financial markets the way they're judging the price that they're put on the cost of borrowing for these countries represents the ratings that these. bonds are being given so i don't think it's really fair to criticize the rating agencies when they're acting independently and doing their job i mean if they weren't downgrading this just because of the political pressure and i think we'd have a serious problem similar to the one we saw before the financial crisis where these rating agencies were rating issued by these parents very highly because they were under pressure and they received payment from these banks to do so fortunately we have more independent rating agencies and they seem to have learned their lesson slightly and they're not giving into the political world but if they started doing that then i think i would actually be a much bigger problem thanks for talking to us well good to hear what you have to say rather economist with open you're a joining us live. well coming up in

a few minutes here on our team net gains. what may be seen as a convenience in the wild is being utilized by indian fishermen revolutionizing their business and turning them into an entrepreneur isn't facing this man in their community we report on what it takes to turn a traditional trade into a high tech enterprise. but first diplomats from russia and france have reportedly clashed over nato its handling of the libya crisis at a meeting of the un security council held behind closed doors it's believed moscow criticized the french decision to deliver weapons to gadhafi rebels which russia says was a violation of the u.n. resolution. of reports on what moscow is taking such a strong stance. libya is becoming a real source of contention between the members of the u.n. security council what happens behind closed doors our latest meeting off the council was that france came out by saying that it doesn't see

a need anymore to airdrop weapons to the rebels in libya explaining that they are now organized enough to establish contacts with foreign partners and get the needed weaponry themselves this statement came after another announcement by paris that he that has been air dropping to the libyan opposition explaining that this is the only way to prevent civilian deaths for russia is fiercely criticizing all this saying that this is a direct violation of healthy north rhizome resolution which originally gave the green light for the entire military operation in libya and its aim was to stop the violence and protect civilians and not supply them with weapons the operation has been going on for over four months and civilians are still being killed not only in the fighting between going after these forces and the rebels but during and nato air strikes and gaddafi supporters say that scores of civilians have already been killed because of these strikes including some members of got at least family

including children also several western powers sent to trainers to help organize so the rebels there's now this talk of a balance supplying the arms to the rebels france directly says that is that it's already done this germany is thinking about that russia is fused the criticizing all of this saying that this was not the point all of the north winds on resolution because it's point was to stop the violence and not to take force in this conflict on tuesday got the swartz's were able to capture a load of weapons which apparently was heading to the rebels from carter and was produced. in belgium so all of this is creating. conflicts more on the members of the u.n. security council in fact what's happening in iraq is already affecting the u.n. security council's policies on syria because a russia says that it will veto any similar resolution on syria after what's

happened with the resolution. even to spin off there and join more he's the author of the book humanitarian imperialism says nato will do whatever it takes to get the job done and and get rid of gadhafi get there for us but we're going to summarize what we're going to see asian americans yes we can. we can. make a decision. we need to see the negotiation with. them so. that working. with the me they missed a great thinking that. this is a month or so now it's months this is another three months what there's you looking not up in months there was not go on for.

two more on controversial arms flows germany is reportedly selling two hundred tanks to saudi arabia talk of a deal has caused outrage among germany's opposition politicians who claim the government would be breaking its own export rules and he's a foreign affairs expert from germany's left wing party. says the move compromises the country's position on democracy and human rights. we know that even in the ruling party a lot of opposition against us because you know it was this government of the cross couple of months that went to egypt went to. war with it we have to promote and support the movement for democracy in the arab world and everybody here knows the talks about that it was saudi arabia who invaded with the way. to fight the. bloody intervention the democracy movement so it's even in the ruling party to that there are a lot of members who say we can do this if we know also monitoring. really through

our white. any kind of credit in the arab world so don't do it but whether the government or not will make a u. turn but we will see and we have the first demonstration for the hope that there will be a larger movement and yes maybe we can stop the. lawyers for the former i.m.f. chief dominique strauss kahn a meeting the prosecutors in his case of alleged sexual assault on a new york hotel maid reportedly pushing to get the charges dropped after the woman's credibility was called into question the investigation meanwhile prosecutors back in france are weighing up whether to prosecute this time and similar charges the new complaint was filed by writer says he tried to rape back in two thousand and three card is a problem member of the french socialist party was seen as a leading contender in next year's presidential election before the scandal broke out well for analysis of the situation and i'm joined by christopher dickey he's the paris bureau chief for newsweek magazine and they used to news website thanks so much for joining us there in paris let's talk about the timing of this why do

you think these latest claims from the french right have only really just emerged as the first case seems to about to collapse. well what she said is that she just was sickened by the spectacle of strauss kahn starting to go free again and having. dinner in luxury of restaurants in new york and sort of the smile on his face. he was there in new york started to be discredited but the truth is that this woman this young woman tristan and i know has been trying to get this story out for a very long time and she didn't think anybody would take her seriously she even did it on television at one point about four or five years ago still nothing happened so i think she thinks this is her last chance to get justice if indeed she's right in making in the accusation she's making what we've heard both the terms political assassination and political suicide concerning these cases how do you see the

situation and how does the french media see it well i think people are divided it is certainly a huge story it's dominating all the news it's dominating all the lead up to the presidential elections next year there is a socialist primary that's supposed to be taking place there's even questions about whether a straw scan will register for that primary which he would have to do before the thirteenth of this month other people think there's a conspiracy against him maybe a conspiracy that involved even the president of france nicolas sarkozy all of the while this kinds of claims and counterclaims are being made right now and it is completely dominating the political life of the country when it dominate his career in terms of opting out of politics or perhaps strengthening his case and pursuing a position of presidency. well in truth it doesn't look like he could pursue the presidency that would really be a strange new twist in this but he does want to have

a political career and there are various possibilities that will come up over the next year or two or three there's a very good chance that there will be a socialist president although not still scott and that's if he is cleared or at least of all the charges are dropped against him could serve in that president's cabinet he could also run for president of the european union there are a lot of possibilities that he probably believes are open to him and that might well be if he is absolved of these charges so if he doesn't chase the the presidency causey of course will be going for it again marine le pen how will she come out of one of these states could this indeed strengthen his position. well it could but you know she was very strong a couple of months ago she was coming out of all the polls before this happened she was coming out of all the polls as really one of the top three contenders along with against sarkozy but for various reasons her ratings have gone

down fairly dramatically and she's no longer coming out in the second round as seemed to be the case before maybe it's just the distraction of all the scandal around and people are not as excited by her images as they used to be the two things are not directly related but just in the sort of the chemistry of public opinion. i think by next year she will be a strong contender but it's very interesting to hear what you have to say thanks so much for joining us live there in paris christopher dickey to paris bureau chief for newsweek magazine and also the daily beast news website thanks for your thoughts. thank you bill. the mobile phone has become an integral part of everyday modern life but seen as a fun guy just in some countries has proven enough to revolutionize the lives and livelihoods of many people elsewhere. reports and all of the indian fishermen who are costing the next generation network for their catch. more than kumar wraps up his engine for

a day of fishing off the coast of carolina the southernmost state in india with a little bit of i studied in school until the seventh grade but then i had to leave school because we were not economically well off so i had to help my dad with fishing kumar's one of thousands of fishermen in the state who wake up at one o'clock in the morning to earn a living for decades fishermen like kumar relied on luck and prayers to find a good catch but all that has changed since the introduction of the mobile phone in the state more than ten years ago but. if the fish is not available where we go fishing fisherman in other parts of the sea called us and tell us where we might be able to find a good catch then we go to the particular place. in addition because of the new ease of communication kamar is able to find out how much the man does that is local market and the prices that buyers are offering in order to determine where best to sell his fish today he is making double the amount of money he was making before he started using a mobile phone he now owns his own boat and says he is able to send his three

daughters to college india has the bathurst growing mobile phone market in the world and the most growth is happening in rural areas what may be seen as a convenience in the lab is being utilized by indian fishermen revolutionizing their business and turning them as it entrepreneurs and business men in their communities most of these fishermen have been doing this work for generations and never imagined they'd become so tech savvy they had watched their fathers and grandfathers come home from sea several times with no fish at all but today that never happens you know about a little bit of there's a lot of difference between the times when we used to go fishing with stick boats and now when we go fishing with engine but after the arrival of the phone it's become easier for us to study show that mobile phones aren't just empowering but fisherman in the community more competition means better prices for consumers on average they fallen by four percent it's

a new quality of life for the people of this community who never dreamed that they would escape poverty it was most fishermen they're illiterate but we want to give a proper education to our children and that is possible because of the earning we get from the fishing business there's no doubts that mobile phones have helped. providing new opportunities by advancing their tradition with technology preassure either r t carola india. with some of them a new stores in a few minutes another me time business is next with kareena. and i welcome to our business bulletin this hour the currency wars are not over the drive to find a way out seems to be fading brazil's finance minister says he's ready for extra steps to stem the damaging rise out there riyadh and according to give and take a big economies have failed to agree on guidelines to manage their currencies meanwhile mahler's luvox capital says russia has no reason about.

russia seems to be in a better position than some of the other developing nations there's no forget it these emerging economies have been emerging economies only last few years or so. russia's been around a lot longer although russia has a huge trade balance inflation is not really a major issue in russia and it does have a more developed economy that is so if there is a currency war between developed into developed economies and emerging markets going these i don't think russia will be dragged into it as soon as i was there someone just tell you. let's have a look at the markets now on a stronger dollar and high interest rates in china pulling or low were high rates may slow economic growth and didn't for oil u.s. energy department is to release a report on thursday that could slide show the coup stockpiles to million down last week. the u.s. stocks edged higher on a day trading you're raising an army truck games and transportation and consumer

staple companies overshadow a slowdown in service industry growth the report followed a broad selloff in europe and on interest rate hike in china dow jones has climbed twenty eight points sixteen points or eighteen of its thirty components rising. european stocks ended lower it would see last point weakness front and the dax point one percent banking stocks were putting pressure in london where barclays selling over four percent and her lack of scotland three percent. and russian equity markets closing the red with banking and energy stocks under pressure to let's have a look at something today it's all travel song and isaac's energy mage's the main losers gazprom was down one percent banking stocks were also under pressure would be to be losing nearly two percent bucking the trend was gold it was up over four percent supported by stronger precious metals you could provide from token download says the recent upward stand on the market is now likely to check. the wall and

some of the very hard to be. i feel that the market wants to see some correction after the recent three days drop and probably will fall in some pain this isn't be performed extremely well in the last two three days i don't know if five percent of so i think the markets will simply need some break before going further up here. for the first time russian companies holding harvey on poland's country's largest grain producer bolland all will place forty percent of its equity around fourteen dollars a share prices significantly lower than initially expected and values a company around six hundred million dollars falling or aims to spend the i.p.o. proceeds. i was an automaker gas will continue to put the financial crisis behind it it's increasing twenty five percent year on year in the first five months of two thousand and eleven the results have kept pace with the growth the group saw in two thousand and ten when it returned to profit boosting this news is gases

agreement to assemble thoughts like because it's in these new home grown aghast c.e.o. paul henderson says this is just a short time since. we had a short term need to find products for or work because doesn't recover sort of the initial you know when i was filled up so i can focus rosenau i was ready to improve our own products because that's what we have a horse so he wants to be use new bosses and new products and if we can help someone else we will do that but to present a car we fix the problem commercial vehicles that's where our focus is and we will take it from there. that's it for this hour back with more and about forty five minutes from us.

the close up team has been to the republic governor of the situation where half of the area is occupied by nature preserve. this time our jeep goes to the region where men flock from all over the world to add a few centimeters to their self-confidence where.