in india oh she's available in the movie going to join me the chills the movie that's the gateway to the ground imperial truly the taj was the. you can a letter to the socialist see don't need to go and. read this in the kernel was her turn to retreat. eight european banks have failed the stress tests for a worst case economic scenario with clouds threatening to rain down on the euro in the current financial storm. rupert murdoch's media empire is crumbling following a phone hacking allegations the public appetite for scandal seems as strong as ever just feeding the ruthless tabloid machine. and washington recognizes the libyan rebels as the country's legitimate government access to billions of dollars of colonel gadhafi assets frozen in the united states.

join us on a saturday you without see some shining eight out of ninety european banks have failed a stress test designed to determine whether they would fall in the event of another crisis the majority of those are in spain the country feared to be next in line for a bailout meanwhile on friday italy passed seventy billion a year worth of cuts to fend off its own spiraling that's because i want to use sarah furthur of course the euro fairy tale seems to be moving closer to collapse. as the crowds gather. in the clique continue down times keep now like. what everybody here. is a point if you think countries like italy looking on increasingly unstable grounds can hear a right out this financial storm this is really something quite frightening if

indeed it really goes into big trouble on the financial markets this is certainly a totally new phase of the euro crisis you mention here a fairy tale with all too appealing countries chipped save themselves for a bite of the g.s.t. apple but now many are left requesting taking the bait with. the bad i mean. this. after more than a decade of growth businesses like badasses have been hit hard. think street in athens is still bustling the problems with the economy means that many businesses here in greece has simply gone on. killing a year in many european prices many of the numbers we were kind of nice it didn't mean european wages with one botched bailout after another year of skeptics who

wanted danger from the start they have become the unlikely heroes in this tale just who the hell do you think you people are you are very very dangerous people indeed your obsession with creating this euro state means that you're happy to destroy democracy you appear to be happy for millions and millions of people to be unemployed and to be poor untold millions will suffer so that your euro dream could continue if you broke people of their identity if you rob them of their democracy but all they are left with is nationalism and violence countries are now waking up to the reality of a nightmare chap says the euro is a political prison for poor countries such as greece and spain and they need to be liberated from. that prison recreate their own currencies have devaluation make their exports cheaper make it easier for tourists to visit their countries and they'll get back on their feet greece. portugal italy spain and

terminates continue. it a year. happily ever. after. a while fears of a looming default is forcing the e.u. governments to cut spending a british union leader says people refuse to suffer for something then not responsible for later markets so what hurts us us how we think is governments will be made to listen once hundreds of thousands strikes back. the idea is to build pressure so the government realise that working people the length and breadth of the u.k. i'm not just going to let them get away with what they're doing and we believe that pressure altimetry can force them to change direction the point is to change their mind and say you want to go see just when they're having a chat with a few people in a room is one thing saying you want to go see it when they could be millions of people taking strike action is entirely another and we actually believe that the six million trade unionists plus the thousands and thousands or hundreds of

thousands of pensioners and students all becoming a joint campaign is going to be politically very powerful. and you can watch the full interview with a british trade union leader mark so walker in just over an hour's time here i see now on the other side of the atlantic president obama has warned the u.s. is quickly running out of time to deal with its own financial troubles congress must raise the current fourteen point three trillion dollars debt ceiling once again while obama is urging the parties to ignore political differences and avoid. more and what's awaiting us we can all talk we want to go trembly a professor of economics at the university of montreal and i thank you for joining us today in your article you rightly point out that the u.s. is actually the. with the highest debt not greece but why isn't washington washington in line for a bailout i mean surely the i.m.f. could step in and offer some kind of help of course of the united states is not in

the same position as other countries because their currency is i lost them. but i must not believe i believe we're still here can you can you hear me mr tremblay yes but i don't see anything yeah i can hear you yeah ok would you mind carrying on carry on with the question why isn't washington in line for a bailout then well because the united states is not in the same position as any other country this is the country currency this year was internationally and therefore they can afford to print more dollars than the euro. currency but that debt level is very high from fourteen point three trillion dollars and their main problem in the us is that there seems there's no one but nobody in charge in washington nobody is it is it is is captain in the ship the president that president obama is

a lame duck president and he doesn't control the government and the republicans who control most of the congress actually the house of representatives are very divided between the transitional conservatives and the bikers who are really extremists nearly i finally if i may just jump in for a moment forgive me for interrupting here but how can the u.s. repeatedly get away with raising the debt ceiling and why construct eurozone members just just two percent. well because this is a stupid system that the united states as this has been in place since one thousand seventeen they raise the debt ceiling each here and they have done it three hundred and two times and under george w. bush they raised that eight times most countries don't run down governments that are way there wendy the vote a project an expenditure. if i mean setting it or by raising taxes or by

having it by borrowing and facing the deficit but in the us congress people have to vote twice as they vote on a project and then they vote on the way to finance it or through taxes or true borrowing or as the prefer some prefer to be lowering arder explained so it's always a mess let's talk about the endgame here many republicans are unhappy with obama's plan to reduce the budget deficit and what will happen to both the u.s. and the world economy if the debt ceiling is not raised and the u.s. the polls. well i did for the raise that they would be raised because the president obama as a practitioner of caving in to the demands of the republicans he did that did it twice before so do republicans. expat think that he will do the same he would take the fall a few days or a few hours before the deadline of august the second so i don't i don't doubt for a minute that they would be. that would be a similar situation as that happened in one thousand nine hundred four when the

representative in which closed the government for a few days of. nearly two weeks held very much the president claims on a bad time to be re-elected in one thousand nine hundred six that's what president obama is hoping now that the republicans will be so extremist then they in two thousand and twelve next year you may be reelected but there is a there is a lot of a political infighting going back and forth a bit but tell us why the republicans so keen to oppose president obama and his democrats on disarray in the situation now too serious for these are party political games and please answer people were very low on time here because there are sixteen new members of the republican party in the house of representatives of representatives underneath these are tea baggers remember and a key priority and they are not really republicans they are really are not because they don't want to add any tax increase right right so whatever other lever would throw it warranted or do they like to add words but to be fine as the wars on credit. they don't want to raise taxes so that's the main reason that republicans

are divided that mr boehner was the president of the republican. party in the head in the house it cannot control this very small group very important group of tea baggers and that's the reason why the is there is a stay at stalemate. and within the republican party and within congress as a whole watergate time delay a professor of economics at the university of montreal thank you. very much. well you with all three it's good to have a company today and still ahead of us our love of labor is hard working ethic is the driving force behind the country's economic success leaving western countries lagging behind. and from a russian orphanage to a golfing prodigy report on a young man's the latest challenge of trying to trace his siblings. rupert murdoch has made a public apology for the phone hacking scandal that he called serious wrongdoing by

the news of the world he's a rapidly losing allies on both sides of the atlantic with his media empire crumbling on all sides but his are to use honest i see a truck in the reports from new york it seems there's still a strong market for tabloid speculation. sex drugs cheating and lies phony political scandal flashing dirty laundry brings the need up celebrity gossip and crime stories almost beyond human imagination. all this is served on a platter and sold for a couple of quarters by its outboards insult those are something six kids mom's in the freezer. i thought it veteran journalist michael musto is one of millions falling for the bait of catchy headlines even though he knows the business inside out in america we don't break the law per se but they do have sleazy tactics i mean they will slants a story they probably make up sources i mean when you read them

a source. a source say well who is it many times they can just make up the quote themselves and they say. blah blah blah a lot of times they feel they're just inventing these quotes to back up the thesis of the story fascination with scandal is almost religiously observed in the u.s. and great britain we are both countries in both environments and that where gossip sells and there's a tremendous interest in celebrity both countries are of was after rupert murdoch's news of the world newspaper phone hacking shocker broke in london his empire stretches far and wide across the u.s. as well let's not forget he owns the new york post the wall street journal and the daily protest outside rupert murdoch's big apple pad protesters demanded an investigation into this publication that we know. because he was annoyed. we want congress to investigate what he's doing here in the united states we don't

know if newspapers or other people in this country yet but i see no reason to put it past them so how far from potential public embarrassment do american newspapers stand by the ones that are owned by rupert murdoch without question the new york post. is one of the most hideous deceitful. tools of the criminals that there could be when it comes to getting scandal sold in the u.s. counting on the readers short attention span is a common publishing trick jennifer aniston brad pitt got together about forty two times so far this year and i haven't seen them photographed together since two thousand and six they're able to keep selling and repackaging the same story that isn't even a story no publication would have made it to paying for. permeation but that's also often a technicality what a lot of mainstream news publications can get away with doing is even though they won't explicitly give someone money in exchange for an interview someone might set up a terrible organisation and then the news what happened to donate twenty thousand dollars to that charitable organisation the culture of sensationalism in the press is

putting the future of journalism on the line the anglo-american style is it's trashy it's ribald and there's just sort of this snickering tone is very american and you know we're a juvenile society where young society i don't really know what they were at sixty uses i mean they've been around a long time but. we blame it on them because we're their children while some will always remain fascinated by tabloids as right continue to sell others have reached a breaking point i don't have that great of a sense of what happens in britain but i know it's pretty bad here and there are a lot of people who are really upset about the culture news in america and just a little information seems to get out between all the gossip the press has to be vigilant and in the united states the press has fallen asleep and. new york. well a newspaper gossip columns have become a reading habit for millions of people. new yorkers why digging around for sleaze seems to be taking over the news.

how did tabloid journalism become so influential and so popular in today's world this week let's talk about that i mean people like to read about other people's business. and now i think newspapers have to try to compete with the internet. with up to date you know. dirt i think it's absolute trash there's no space in this world for it all i hope will go under but they're not going under they're increasing in power i don't believe that this is going to be the biggest takedown ever rupert murdoch is selling down i think it's more of a pop culture based audience and so the journalists kind of cater to that and in turn it's kind of fun for them to be secret detectives but isn't it terrible i mean it might be fun but it's still criminal acts it's horrible i hate ernest's you know

whatever it whatever it takes to get the story and her whoever they want you know do you do you have that attitude at your job no not at all so what makes journalists special they're not special they're the opposite of special they have no scruples we have it in the market. because. people. you know they like to. that's not what journalism's has to pay what's true but never believe the media's. if you're just going to keep getting worse probably do you think journalism like that is bound to spread around the world and become as rampant as it is the britain i do unfortunately and it really isn't journalism i mean there is no logical reason that you're garbage the bottom line is that if the rampant popularity of tabloid journalism in the u.k. is any indication the rest of the world. cared for their own general.

thank you for joining us here with artsy heavy clashes between libyan rebels and colonel gadhafi forces in the west of the country as insurgents try to push towards the capital tripoli rebel leaders have been boosted in their campaign to ask about the when more than thirty countries including the u.s. recognized them as the legitimate government western and arab members of the libya contact group and else they would deal with the opposition until an interim authority is in place the decision came after four months of fighting against gadhafi and gives the rebels attentional access to billions of dollars of the leaders frozen assets in u.s. banks but mideast peace activist dr franklin told us that nato was running out of options in its campaign against gadhafi. a lot of questions about who these different factions who are arguably now fighting among themselves for power in the

in the east micro alternately be their relationship with the americans who have a are a long history you know of misjudging their allies and getting themselves involved but i think all of this is because nato cannot accept or afford a defeat nor can the white house so they're using this combo conference to mark some eyes maximize pressure on the government over the latest news on that libya has had to ask dot com what else you can on our website right now u.s. activists demand an end to torture and set of mergers that during the cold war america trained interrogators to use their brutal methods at home and abroad. are ukrainian man to launch is on a while the experiment planning to spend over a month living with a whole family of lions looking about his experience find out what he's planning to actually passing dot com and of course check out the best videos on our see you tube channel.

it's. only twenty minutes past the hour now here in moscow special floating cranes are preparing to lift the doomed ship bulgaria which sank in russia's last sunday a search operation for fifteen passengers continues in the area and on nearby islands out of to much of a people on board one hundred fourteen are confirmed dead including twenty eight children two people have been arrested meantime in connection with the disaster. the head of the company which operated by the inspector who certified it is fit to say all of both face charges of negligence that led to the deaths arrest warrants

have been issued rather for the captains of two cargo vessels which past the sinking ship without stopping to help. i just get some other international news for you in our world update here when i've got a syrian opposition members have been holding meetings in damascus to discuss ways of president assad this comes after a massive nationwide protests rocked the country on friday at least thirty two people dead hundreds of thousands of anti-government demonstrators poured into the streets of the capital and other cities before facing a crackdown by security forces the government has launched a national dialogue the protesters are demanding president i started steps down. a gunman wearing an army uniform shot dead a nato soldiers in the south of afghanistan and then fled leaving questions over whether he was a member of the afghan army or a militants in disguise there are twenty incidents of this kind over the last two years the shooting comes as the nato led forces prepared to hand over control of

some security operations to local troops. as well and president hugo chavez is to return to cuba for more cancer treatment including chemotherapy he recently asked the national assembly to authorize this trip as required by the constitution returned to venezuela after spending nearly a month in cuba where he had a cancerous tumor from his public region removed his battle with cancer has raised doubts over his fitness to lead the country but officially he still plans to run for reelection next year. a japanese nuclear reactors being closed down because of problems with an emergency cooling system there was a sudden drop in the pressure of the safety tank at the oh he plant just west of tokyo pressure return to normal after an hour i mean there was no radiation leakage but engineers have decided not to take any chances the closure will be to power problems in areas still struggling to get back on line after the earthquake and tsunami. if you want to achieve your dreams you've got to be ready to work for them and that's what indian people are doing in their droves and it seems staying at

work longer than their western counterparts it's paying off artists are going to show elbowed her way in to reveal the reality of life in the new delhi rat race. it's a busy city with busy people india is a rising economic locomotive still what's the driving force behind it success it could very well be that people like. both are co-directors i was small one import can't we called divine and is indians have developed a strong liking for french and spanish linkages young men are working overtime to fill their glasses you have to be very flexible with their working hours of. engineers were globalization on the part of oh you know you interact with so many people from abroad especially america or you know europe so. we can't be fixed by means where we can say we're only going to work from nine to five but people in britain for example can and do say that seven spent years working as

a business consultant in the u.k. and he says brits watch that clock closely and britain people leave a five o'clock and they won't stay later because i got a train to catch for many years in britain and you have the risk that some people don't work in britain people don't work weekends it's changing a little bit now particularly in periods of economic recession. but generally it's a monday to friday as recently as just two years ago india had a six day long week the government has put in strict regulations regarding labor hours but that doesn't stop people from spending more time in the office they're needed notice of a more significant difference between the work culture in india and in britain is the pressure of people around the world above and beyond their contracted hours. everyone will do this irrespective of really if there's work to be done if there is a small enterprise to run then all state regulations go out of the window if

sacrifices equal success then you have to meet them and wasn't ready for seven. working at another level of. it is an office working because the order getting across thirst for peace thing would have been organized so as for the personal evidence and because no one but what may seem a fine example of did occasionally actually be a drawback in the office environment i think people are expected to do the job of two or three people. even though the contrary to those might say one thing which isn't always such a good thing because if you work such long hours it's going to affect your performance while europe and the u.s. spend their money on fighting wars and their time on trying to figure out a way to get out of it when ordered slump india is busy getting things done the indian way the advantage is probably the most popular god in the entire hindu pantheon in india he's supposed to bring prosperity and success to those who

worship him but the success of indian businessmen should not be attributed to the divine help alone ninety five working hours just don't cut it here india is still long hours of hard labor but at the end of that hard work pays off it is. new delhi . these are russian born girl prodigy that is trance in the game after being adopted by american parents but for nikolai a couple of his challenges in finding form the fairways but rather finding the family. story. he might have a smooth as swing but from the outside nicholai looks no different kind of pampered junior players in this hyper exclusive moscow golf club but this couldn't be further from the truth we call like a lansky was an eleven year old often when he was adopted by an american family you can never say that life is easy you know and basically they're the they make you feel like it's nothing you're nothing to me when i came to the united states i had

a lot of problems emotionally he's an incredible young man he is someone who has taken on many challenges and his life and he's always overcome then came the gulf one day i just saw my desk in the backyard and. i don't remember exactly but i had no idea what it was i just was a piece of metal and i asked him what it was and he saw me and then he asked me that he said you want to he didn't want to try and i tried it and i had it straight . and he said you're playing on this point making headway in sport because one thing nicholai could not get over when he moved to the united states nikolai was separated from his younger sister and brother amar struck of them he rejected several sports scholarship offers top years colleges to play for the russian national golf team so you could search for his siblings. this year doing a top junior tournament news about his sister. my whole life. my dad and we have

paid a lot of money to different companies to try to find her and then i met family out of nowhere and they found there in less than two weeks so to me i never thought i was ever going to see her again. reunited after last nicholai sister understood was never adopted she's about to graduate from a school in southern russia and. when they heard about my brown fact i thought it was a prank my friend played on i don't remember much. we're going to come close she just i'm going to buy her a computer so that we can talk to each other all the time so that we never do such again but when you put it. back in moscow nicholai has won the prestigious series tournament and will compete against europe stop young players later this year but he says now his priority is finding his brother we can only wish nicholai the best

in his dream to become a professional golfer. whatever happens next he is already aware. all right in just a few minutes or hours here we talk to one of the most notable soviet poets of the nineteen sixty's but only after a recap of the headlines in just a moment. if

. it is. the. same. thing.