in india oh she's available in the movie joyce below to the home of the that's the gateway hotel the grand imperial tried to tell us to push coromandel you can away with a chill close richard good to see don't need to go and. read this in the kindle was her turn to retreat. the debt crisis rages on both sides of the atlantic as eight european banks of failed stress tests for their vulnerability to financial troubles while america nears its fourteen point three trillion dollar debt ceiling. rupert murdoch floods the british media with i'm sorry messages it days before a grilling by m.p.'s over the news of the world phone hacking scandal meanwhile the fear of moves across the atlantic with reports of nine eleven victims phones were targeted as continuing outrage and disgrace and dulces once again impregnable media empire. emergency crews are preparing to lift the russian cruiser that sank in

the volga river in just minutes claiming almost one hundred thirty lives. the operation to raise the sunken bulgaria has begun hopefully providing answers the grieving relatives and investigators will bring you all the details from the recovery site in just a moment. in broadcasting live direct from the center of moscow this is our team i'm sean thomas glad to have you with us eight out of ninety one european banks have failed stress tests designed to ensure they could withstand another financial crisis five of those are in spain of a country come in least seen as the next week is going in the eurozone on friday italy passed seventy billion euros of public spending cuts to slash its whopping

budget deficit and with the euro slinking this week archies reports on why the future of the single currency doesn't look so bright anymore. as the clouds gather . and the creek bad luck battle continues dark times could now lie head with what everybody knew. is for the future if you think countries like italy looking on increasingly unstable grounds can the year i write out this financial still this is really something quite frightening. really goes into big trouble on the financial markets this is certainly a totally new phase of this euro crisis you mention fear a fairy tale was all too appealing countries chipped save themselves for a bite of the g.c. apple and now many are left requesting taking the bait with.

the bad i mean. this. after more than a decade of great businesses like badasses have been hit hard by the center something street in athens is still bustling the problems with the economy means that many businesses here in greece simply gone and during the year in many european prices and for many of the members we could colonies it didn't mean european wages with one blotch bailout after another year of skeptics who wanted danger from the start they have become the unlikely heroes of 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 can continue if you rock people of their identity you wrote them of their democracy but they are left with these nationalism. i don't but it's easy now waking up to the reality of a nightmare that traps. 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 ireland portugal italy spain it dominates continue to topple it a year and it seems there will be no you happily ever after. i see it. as the eurozone debt crisis shock waves that spread ratings agencies have put the us in the firing line is well america is on the verge of reaching its fourteen

point three trillion dollar debt ceiling which means obama and his republican opponents need to strike a swift deal before the government runs out of cash in theory at any rate but economics professor robert believes that the debt limit will once again go up as it always has done in american history. the united states is not in the same position as any other country this is the country currencies use internationally and therefore they can afford to print more dollars than the euro can any other currency but that debt level is very high they raise the debt ceiling each year they will be raised because the president obama has a tradition of caving in to the demands of the republicans he did it he did it twice before so the republicans. expat think that he will do the same it would take a fall a few days or

a few hours before the deadline of august second there could be a similar situation as that happened in one thousand nine hundred four when representative going which closed the government for a few days ocean and if you are nearly two weeks. held very much to president clinton 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 than they in two thousand and twelve next year he may be reelected. and later on in the program the formula for prosperity. we look at the driving force boosting india's economy to make it the tenth largest in the world. and another story of success this time a russian orphan who's become a golf prodigy after being adopted by american parents but here's the biggest challenge is not in the world of sports but in finding the family he left behind.

rupert murdoch has apologized for the news of the world phone hacking scandal with a full page ads in seven british national newspapers the media mogul is now working with a team of top p.r. experts before a grilling from shakey's on tuesday amid public outrage over illegal accessing of the mobile phones of murder and terrorism victims and the dead soldiers families this has already forced him to shut the one hundred sixty eight year old newspaper scuttled his bid for b. sky b. and claimed two of his top executives journalist afshin rattansi says however some are set to benefit from the meltdown at murdoch's media empire. the political classes here finally feel free for the first time in decades and decades so i do think appeasing the word or particularly work everyone is watching for tuesday's committee where rupert murdoch and his son james will appear so it'll be interesting to see that but i think we should remember the prime minister. and we

will probably know today because it's saturday said the truth is we've all been in this together the press politicians and leaders of all parties and yes that includes me very sorry and right wing for democracy in this country and coming through though i suppose one could say that it was multinationals who are using murdoch in a way sort of rare lobbying rupert murdoch gets the big companies big mo if you have shows and so forth that seem to get things done by helping him he's behind me perhaps not as bad as in washington but i don't think the. it's the end of outside influences outside on democratic forces as reality influences on the parliamentarians behind me it is interesting that he owned these newspapers and they would say rupert murdoch loves newspapers he basically had newspapers so that he could manipulate monopoly concerns over his broadcast interests which actually did make money unlike the newspapers use papers are just a tool of the world he has lots of enemies out there he probably a lot of ammunition to go back at them though thanks to all the muckraking

journalists who spent their time. looking at sex scandals really he does have lots of friends one should add but it looks as some m.p.'s have it unbelievable that he has the right to own any form of media in this country we're about to talk about the united states because that's where it gets really interesting the democratic party in congress is a full on party doesn't really have anything any hope left rather president obama has sort of destroyed his reputation warmongering and his sort of reaganites economic policies as he deals with the deficit the democrats have nothing much to do but they all hate one particular influential cable channel faux news and i'm hearing that if if the nine eleven victims have been hacked by subsidiaries of news corp then fox news is finished it took it took the most curious cases of hacking phones rather than any kind of regulator ie

a body to be able to get murdoch to finally. finally overthrow him as it were is an amazing story we'll be sure to be looking for the hollywood blockbusters . as we've just heard the scandal in britain is now starting to spill over to the u.s. where even bigger trouble could lie ahead for murdoch with reports that phones of victims of the nine eleven terrorist attacks were hacked as well charges could also result in the u.s. over bribing of british police by staff as corruption abroad is illegal for american companies but is an associate you're going to reports the tabloids keep flying off the shelves. sex drugs cheating and lies phony political scandal flashing dirty laundry crazy made up celebrity gossip and crime stories almost beyond human imagination. over list to serve on a platter and sold for a couple of quarters by tabloids it was marilyn topless bar or something some kids

moms in the freezer. i thought it veteran journalist michael musto is one of millions falling for the bait after 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 a story they probably make up sources i mean when you read them a source. a source said well who is it many times they can just make up the quote themselves joe smith from queen said blah blah blah a lot of times i feel they're just inventing his 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 and both media environments where gossip sells and there's a tremendous interest in celebrity both countries are a buzz 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 at a protest outside rupert murdoch's big apple pad protesters demanded an investigation into his publications at home we know what her dog does in england because he was annoyed and we want congress to investigate what he is doing here in the united states we don't know if newspapers are backing 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 newspaper stand but the ones that are owned by rupert murdoch without question the new york post. is one of the most hideous youssif. tools of the criminals that there could be when it comes to getting scandal fuld in the u.s. counting on the readers short attention span is a common publishing trick jennifer aniston and brad pitt have gotten together about forty two times so far this year and i haven't seen part of raf 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 admit to paying for. information but that's also often a technicality what a lot of mainstream news publications can get away with doing is even though they want explicitly give someone money in exchange for an interview someone might set up a terrible organization and then the news will happen to donate twenty thousand dollars to that charitable organization the culture of sensationalism in the press is putting the future of journalism on the line the anglo-american style is trashy it's ribald and there's just sort of this snickering tone is very american and you know we're a juvenile society we're young society i don't really know what the words excuses i mean they've been around a long time but. we blame it on them because we're their children well some will always remain fascinated by tabloids as right continue to sell others have reached a breaking point and 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 so you get out in between all the gossip the press has to be vigilant and in the united states the press has fallen asleep and r.t. new york has a reading newspaper gossip columns has become a daily habit for millions laurie harmfulness to ask people in new york if the phone hacking scandal surrounding murdoch's media will make them change. how it tabloid journalism becomes 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. you know. newspapers have to try to compete with the internet. with of today you know. dirt i think it's absolute trash there's no space in this world for it all i hope they'll go in there but they're

not going i'm sure they're increasing in power i don't believe that this is going to be the biggest takedown ever rupert murdoch is going down i think it's more 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 sort of i hate journalists you know whatever that whatever it takes to get the story of her whoever they want you know do you do you have that attitude at your job no not at all so what makes journalists actual and they're not special there are the opposite of special they have no scruples we have within the month. because. people. like. this now in journalism specifically what's true never believe the media is. it 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 in britain i do unfortunately and it really is a journalism i mean there is is no logical reason that you it's 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 should be. paired for their own don't let them get a lot. of. emergency crews are to use a special crane boats and lifting equipment to raise the bulgaria cruise ship from the bottom of the volga river after it sunk on sunday killing one hundred twenty nine people twenty eight of them children and the search operation for fifteen missing bodies continues hardy's that time barton reports from the site. the two enormous cranes behind me have begun the process of lowering two cables which will

then be threaded underneath the ship and used to right it is currently leading on its left side divers will then be able to go under to check for any of the remaining fifteen bodies that are yet to be found the shores are also being searched for any of those bodies and they'd also be able to search for the potential damage caused to the borg area just think they will eventually find that damage as the ship is ready to be raised and not have to seal the hole to let all the water in and any other holes and then all the water inside the bulgari will be able to be pumped out making it's light enough to be raised the divers though i've got a difficult task ahead of them with me is under a we're digging he's from the emergencies ministry under a could you maybe just tell us a bit about the conditions that the divers are working in. divers are currently working on the roof repaired and it is really difficult because of crew visibility pieces you can't see anything even if it's right in

front of you that's why the divers are preparing to lift that ship part. will to see what they're doing obviously this operation now everyone is waiting especially the relatives on the banks people who have yet to to hear from those fifteen will be desperate for news of what has happened to their loved ones and increasingly investigators want to know what caused this ship to sink and sink so fast causing so much tragedy. now let's turn to some other international news and brief recovery . syrian opposition members have been holding meetings in damascus and it is all to discuss ways of ousting president assad is coming after a massive nationwide protest to rock the country on friday leaving at least thirty two people dead hundreds of thousands of anti-government demonstrators poured onto the streets of the capital and other cities before facing a crackdown by security. forces the government has launched a national dialogue but protesters are demanding president assad step down.

venezuelan leader hugo chavez has transferred part of his presidential powers to the vice president and the minister for finance as he travels to cuba for a new round of cancer treatment he's been given unanimous approval from the national assembly for the trip even from the opposition chavez is a battle with cancer has raised doubts over his fitness to lead the country but he insists he still plans to run for reelection next year. despite warnings from china u.s. president barack obama has held a private meeting with the exiled tibetan spiritual leader the dalai lama the chinese government earlier call on the united states to cancel the talks saying it would damage relations between the country's leaders were expected to discuss the dalai lama's hopes for tibet to be semi-autonomous china has accused him of pushing for fault about an independence. india has recently become one of the top ten largest economies in the world a key driving force is the willingness of indians to work long hours for low pay

out doing their western counterparts reno reports. it's a busy city with busy people india is a rising economic locomotive still what's the driving force behind its success it could very well be that people like. both are co-directors of a small one import company called divine and his indians have developed a strong liking for french and spanish language is young men are working overtime to fill their glasses you have to be very flexible with your working hours. in today's world with the globalization and because of all you know you interact with so many people from abroad especially america or you know europe so. we can conflicts families 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 in britain people leave

a five o'clock and they won't stay they said because i got the trains a catch coming for many years in britain and you're there is that some people don't work in britain people and work weekends is 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 stricter regulations regarding wi browers but that doesn't stop people from spending more time in the office then needed notice of the most significant difference between the work culture in india and in britain is the pressure of people around the work above and beyond their contract and ours is everyone would do this irrespective of really if there is. work to be done if there is a small enterprise strong then all state regulations go to the window if sacrifices

equal success then you have to make them i wouldn't really for seven. working than i don't have off i work on sunday that is i'm an office working because the automation processed being organized so are smaller. because no one but look may seem a fine example of did occasion may actually be a drawback in the office environment i think people are expected to do the job two or three people. even though the contract for 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 us spend their money on fighting wars and their time trying to figure out a way to get out of economic slump india is busy getting things done the indian way oregon 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 indian still long hours of hard labor but at the end all of that hard work pays off in those carty new delhi. and for more exciting stories and videos check out our. here's some of what you'll find on our website. ukrainian man goes truly wild of planning to spend over a month living with a family of lions while blogging about his experience. also online and more than half and of radioactive blueberries have been found in moscow stores find out more on that story and similar cases that are if you got car. and young russian boy it's become a golf prodigy after being adopted by american parents but the biggest challenge for nikolai lies not in the world of sports put in his quest to find his birth family but he has the story. she might have

a smoother swing but from the outside nicholai looks no different to the pampered junior players in this hyper exclusive moscow golf club but this couldn't be further from the truth we call like alecky was an old often when he was adopted by an american family you can never say their life is easy and basically there they make you feel like it's nothing you're nothing to me when i came to united states i had a lot of problems motioning. incredible young man he is someone who has taken on many challenges in his life and he's always overcome then came the golf one swinging a golf club in the backyard. 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 told me and then he asked me to use again when i. tried it and i hit it straight. and he said you're playing. despite making headway in sport was one thing nicholai could not get over when he

moved to the united states nicholai was separated from his younger sister and brother and lost track of them he rejected several sports scholarship offers at top u.s. colleges to play for the russian national golf team so you can search for his siblings . then this year during a top junior tournament heard news about his sister my whole life. my dad and we have paid a lot of money lots of 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 that i was ever going to see her again reunited last nicholai sister understood was never adopted she's about to graduate from a school in southern russia. when they heard about my brother i thought it was a prank my friend played on me i don't remember much of him but i'm going to become

close again. i'm going to buy her a computer so that we can talk to each other all the time so that we never lose touch again in my daily. back in moscow nicholai has won the prestigious failed zero series tournament and will compete against europe's top young players later this year but he says now his priority is finding his brother we can only wish nicholai the best dream to become a professional golfer what has happened whatever happens next he is already aware of the road now. and will explore the dangers of the world's growing nuclear arsenals shortly after a fresh look at the headlines coming up in just a bit. we'll

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