painful austerity cuts set to avert the worst case scenario with a vote and the senate expected on friday approval by both houses of parliament will finally and the error of silly barrels kone who promised to resign as soon as new laws are passed but as our team sarah ferguson reports some say it's regulations that forced its third largest economy to the brink. the italian brand has always seemed to be going strong. with the best business. in fashion it's a country that economy y. is used to getting its forward. recently in its economy stagnating has now become the latest country to be dragged into the center of the eurozone crisis. has a strong economy and. its

lee could now face a similar fate these countries having to seek of agency bailouts despite being one of the year is its largest economy we're not greece we're not greece because we have a lot of savings we are not greece because we have been very prudent in this recession we haven't done big deficits in this recession may not be greece but with that soaring borrowing costs just how did italy and in this situation right now nobody. nobody spending in all or all of europe consumers are not spending they are saving they're scared to death of what's going to happen to me to you isn't to most to be . tough reforms to the last part was made with growth in the country so you difficult. government being able to bring about positive change we have had too many years. that was not credible outside and very deep insights i don't think

it's only. i mean there's quite. a mr berlusconi was not able to deliver what he promised i think there might be a transfer of yeah. but that's not going to be enough we need support from europe otherwise everybody and that's the scariest part of the situation in italy right now the u.s. is saying face its biggest challenge yet it's unclear whether they'd like details of a peaceful and culturally united europe can survive the failure to adapt and to find decisive leadership at this point and they could be in ruins. and greece is already welcoming a new prime minister the former vice president of the european central bank lucas papademos will be sworn in on friday and bring stand and days of political wrangling in athens as main parties struggle to come to an agreement the new coalition government will have to vote for more austerity measures to release

another portion of a bailout otherwise greece warns it will go bankrupt within weeks political analyst peter air believes the true nature of the deepening crisis is being hidden from public view. i think we have to turn the clock back to the original collapse of the economy because this was no accident it was a very well planned exercise by the new world order who have the ability to close down any company or any country at will and as we know ireland became a victim portugal and greece and apparently spain and italy are likely to follow it really doesn't matter who's in power there are people that are controlling this situation the banks are involved you sometimes get unsecured loans and of course apologies she's themselves remember that they can take out any country financially or militarily that they want to take out this is a master plan of what i call the new world order their priorities to secure all

the world's natural resources their second is to control the markets for those resources and thirdly to control the gateways to the sea lanes and the pipeline routes when you have control of this you've basically got the world in the palm of your hand controls the finances of the world controls the world and this is what we're looking at here. and while there is a lot of despair among obvious staring ahead greeks one thing might help people take their minds off the debt burden. crisis or not so that people will always demand their entertainment and the greek of football teams with certain to try and help boost the morale of the entire nation in their friendly match against russia and we all know how the passion of the greek fans can be. watched the entire build up in our sports building coming up next hour. now with the debt crisis apparently

here to stay world leaders have agreed they need to work faster to save the global economy so our team spoke to the director general of the world trade organization pascal lamy and he says russia has a long awaited membership in w t o will help the revival well they go to me is not in good shape but one of the ways to exit this situation which i recognize and we discussed about the last week in the g twenty he's not good one of the ways to move out of this crisis is to open more trade fight against protectionism and the fact that russia joins that. very moment is also a symbol of the value of this monkey that through a system of rules and in that it heads economy growing including. which all difficult like the ones we are in in the world economy. europeans are

also setting their eyes on china as a source of cash to bail them out and beijing's role in saving struggling western economies is something people of al debates with his guests and crossed up coming up later today. chinese have been very hesitant because they see that the europeans just can't get their house in order they've created such a mess of their economies are no where near is cutting them strategic as china does and we've got to be clear that funding our moral hazard in keeping us behaving badly either in europe or the united states is not in china's long term best interest there it's always want to see the west continue to harm itself are we really in the post given all the problems we have to talk top down to china and say what we decide to score what and what we think is good and what you would do is. nato may have and its operations in the be a by the western presence is far from

over with big companies replacing the warplanes the countries that bombed the oil rich country are now getting low creative contracts to rebuild it laura smith adds up the profits of war. first british bombs tourists apart now british companies will get paid to put it back together libya is open for business and u.k. firms are being encouraged to join the gold rush. country. and i expect. british. companies to get involved in the reconstruction of libya philip hammond is urging c.e.o.'s and sales directors to pack their suitcases and head to the north african country the u.k.'s bill for its part in the nato intervention in libya is estimated at just under five hundred million dollars but according to the u.k. department of trade and investment the value of contracts to rebuild in areas

ranging from electricity and water supplies to health care and education could amount to upwards of three hundred billion dollars over the next ten years and the british government will make sure it takes a leading role in that just as it did in the war and that's raising more questions about the u.k.'s motives in playing such a big role in the recent conflict john hillery of war on want says it has shades of post-war iraq when companies from countries involved in the allied invasion were awarded all the best gigs. journalist john pilger says there was evidence of bartering before nato even got involved transitional council told the french way. they would give her to. the.

u.k. department for trade and investment already has staff on the ground in libya ready to welcome companies. warded contracts wanting to get in on the action shell and b.p. shares roos on the news they were talking to the transitional government's engineering firms our group and mark macdonald also repeatedly key in both the latter refused to put up a spokesman when asked preferring instead to send basic statements which critics say is a new tactic to avoid defending their ethics it's better for the. public discussion of why that. so far the conflict in libya it looks like an excellent investment hoth a billion dollars to oust a dictator with a return of three hundred billion in business contracts when it's all over now that

humanitarian goals no longer need to be touted rules suddenly makes great business sense nor a smith forty london. and still a company that's our well approach launched martian moving destination or hit the ground well yeah the chances of saving the russians and vicious interplanetary mission after he was hit with serious technical problems. was joining our world russia close of team as they explore at how people on the black sea coast devote their lives to saving animals from exploitation and the tourism business. the role of your and coalition was a time of political fireworks in ukraine protests and clashes on the streets were matched by brawls inside parliament so when last year a moderate centrist victory on a car which was elected to power people were hoping for call but as artie's likes here chefs he reports the legacy might not be easy to overcome.

history appears to be repeating itself. the left of the events of several years back on the right of just a few weeks ago but the two points in history united by people same belief that the government haven't been working in their favor. and for many it all started with this man viktor yushchenko fistfights in parliament nasty protests and destruction of gas supplies to europe were common in his era as president and it kept ukraine firmly in the headlines the world's media had been having many sleepless nights reporting on the rollercoaster events in the country back then writer and journalist meeting if we didn't publish a book poking fun at all the major political players. there is times are extremely fun for the media with the regime used the media is a drug free society but if you do you have to raise the delusion every year so it's fun to watch when the temperature rises in behold it takes but this is science.

there's a limit to list wildness you could offer to which society because management should be with you should we surely reach this goal of the mission of. many now say it was the mass of you should get scared and see which helped which swept to power and many felt his arrival would become a breath of fresh air centralizing the power of the economy and its first priorities when he became president of ukraine for more than a year it had been relatively quiet here but the case of former prime minister units fourteen months into his presidency propelled ukraine back into the global headlines the culmination of her trial for exceeding her authority while prime minister shocked many hardly anyone expected to go to land such a big sentence seven years behind bars. i want to point out that stalinist times when there were impressions returned to ukraine with this verdict i'm appealing to all the the transom people crane the defense ukraine from an authoritarian regime why. the so-called joint of. time traveling inside the

courtroom her see these supporters clashed with police. vigilance of the chernobyl clear up stormed the parliament to raise through their ridiculous legal pensions they demolished everything in their detection the police with blunt weapons growing social unrest scared the country's president when the. agencies tell me that people are buying fire and planning attacks on state. people have completely. experts say ukraine may again quiet down for a while but with the. championship and. election looming the temperature of scandal will most certainly be rising again next year. reporting from kiev ukraine. but don't forget you can always log on to our website for more

stories and here's what's on line right now a look at why the day's quite literally a one in a hundred giving birth to getting married eleven facts you need to know about the date eleven eleven eleven. for grabs a pot by a russian desire goes under the hammer in a way you'll have to pay to address at our t.v. dot com. russian space experts are battling to fix a technical failure on board an interplanetary station that was heading to the martian moon phobos the aim of the probe launched on wednesday was to get a better knowledge of how the universe evolved but there are fears a vehicle could crash back to earth having never reach the goal of our explore the

potential dangers. at the moment the theories around which probably what problems caused the probe to be stuck in all around the earth after its takeoff split into two camps whether it's a problem with the software of the probe or a problem with the hardware of the probe now it's a problem with the software that's something that potentially can be fixed now one theory that's been put forward is that it's a problem with the navigation system of the probe these type of probes when they're launched initially used the sun as their main focus point for nothing and then that navigation system switches over towards the stars now they some people believe that this probe has failed in switching from the sun to the stars and if they can send a software patch and upload that to the the probe it should be able to go about its mission just a few days late now the big problems come the rise if it turns out to be

a problem with the hardware the focus probe contains seven tons of highly toxic fuel of course this feel was intended on sending it from the earth to the moon or mars and then back to earth expert it's referred to the phobias probe as the most toxic falling satellite ever so this is a problem that off course most of the russian space agency are facing that they may have to come up with some kind of contingency plan to deal with a potentially toxic problem caused by the fuel that's on board this probe to make sure that it poses no threat to us here on earth. as now take a look at some other stories from around the world a u.s. army soldier convicted of slaughtering three afghan civilians for sport has been sentenced to life the jury as whoever decided that staff sergeant calvin gibbs will be eligible for parole after serving ten years in prison the twenty six year old was the highest ranking of five soldiers charged over the dance of the an armed man

during patrols and kandahar province early last year. security cameras in the turkish city of van have captured the dramatic moments when a five point seven magnitude earthquake struck on wednesday as a tremor hit you can see the lights go dark and people running from buildings as gigantic clouds of smoke overtake the street at least ten people were killed one two hotels collapsed so far twenty eight people have been pulled from the rubble alive the same turkish province suffered through another deadly earthquake last month that killed more than six hundred people. well time now to delve deeper into the world's biggest country in our russia close up series. and today is back to the black sea coast and the people there are doing their bit

to protect the planet from the art of recycling to rescuing while alive artiest on bar and discovered how the environment is being looked after. or during i have new need to find construction materials. now a bit of paint and i'll turn this bottle into something beautiful. some critics might call me complete rubbish and they'd be true to me write everything you see in gallery is made from lists the motions that we are covering over a living space we litter need to have contributed to is good for me to use this waste creatively. her friend alexei provides some creative accompaniment also using rubbish as instruments was up to i started with just one barrel i was invited to

a festival before i even had time to work on my instruments so i just experimented and just walk around listening to things and what sound they can make nina collects her rubbish from the coastline the winter and spring storms bring her greatest harvest there for her when i come to the seashore every day no matter whether weather or the time of year it's all the same to me we're gratian inspiration conservation but it's not just pieces of rubbish but get a second life one month old leon the hair has just been rescued from captivity but she'll have to spend the rest of her life here recovering of a special center where as nina rescues pieces of rubbish the staff at this park rescue far more vulnerable things most of these animals were formally kept by street photographers who let people pose with them for money they're kept on drugs so they remain tranquil have their teeth pulled out so they can't hurt people and

starved so they remain small businesses that go with me if we take circus bears who have finished their usual life it's not a secret that they could well be made into sausages many of the animals we receive we just can't say they've been treated as just a commodity it is a big cats like rameses off at home or here make up most of the parts residence there isn't the money to give them as much space as they would have in the wild but at least here they have some exercise a good diet and the veterinary care they so often need there is a variety in here the clerical workers try to do something to save the situation so do i try to save the earth from the savagery of people so we're a college that really. impressed it bottles to line cops saving the planet can come in many shapes and sorry. here on the black sea coast there might be rubbished assume but not to. tom blanton

marty. time now for the business some date with karina. welcome to our business update this hour thanks for joining me was a long way to become a member of the world trade organization is nearly over barring a few technical issues that still need ironing out the world's largest economy outside the will finally join the club but what changes all the spring. has more. after almost two decades of trying many wonder if russia really needs a w t o you could even say it's managed quite well without it realistically though it will have many benefits for foreign manufacturers wanted to sell their goods in russia let's have a quick look now on average import tariffs will be at seven point eight percent that's compared with the current ten percent break that down and you'll see an import duty on agricultural goods dropped from thirteen point two percent to ten

point eight percent now import tariffs for already many fractured goods will also drop by almost a quarter to seven point three percent now about a third of all judi's will be reduced the moment russia and says the double. another quarter of the cuts will come within three years with only poultry motor cars helicopters and civil aircraft requiring longer this means it will be easier and cheaper for foreign companies and goods to enter russia's one hundred forty million strong consumer market in addition to tear of cuts russia's also agree its removal limitations on foreign involvement in industries like telecommunications and insurance but most importantly accession to the double cio will ultimately give russia the much needed competition boost which could finally put an end to runaway inflation. here is left with a volunteer economist from go to bank russia believes accession to the world trade

organization would trigger a change in economic policy making in russia. one of the key changes will be queerer emphasis on the liberalisation less than for the as the guiding principle of policy making and i think other a paradigm is going to be a change in the way russia pursues its foreign policy because previously say in the past ten years one of the instruments that russia used was preferences in terms of well what will prices i think now all of the new paradigm will be free trade agreements across the globe whether in europe or in asia but this is going to be possible all the power after russia becomes an equal player on the level a level playing field together with other members of the w t o and president truman data says russia's economy is in a stable position compared to other g. twenty nations he made a statement while visiting the far eastern city of. but on the

economic situation in our country looks better than in many european countries despite recent difficulties we have managed to achieve fairly rapid growth this year it will reach the cent while in europe and the us g.d.p. growth zero to one percent this year we will also have the lowest inflation in the last twenty years around seven percent but i cannot say we are protected from danger should we need to cut our dependence we thought she way she's in commodity prices develop the industrial sector should be able to come in the store please let's take a look at the markets now here's your positive despite the ongoing war is about that situation before she is up nearly eight percent will provide international consolidated airlines group that's gaining four percent following a company update banking stocks are also gaining with world bank of scotland two percent. here is loss because markets that have reversed from earlier gains that

are trading where they are. losing half a percent now here's a look at some of the individual shareholders on the six energy majors in banking stocks the lower. one percent the to be is also one percent in the red parking the trend is gaining momentum on high gold price i mean sandra rifkin from the metropole financial corp pretties today. for the call will be mostly focused on the news from you know you need to know if you are telling officials and security all to take some decisions on the budget consequential some savings result of the color dependance on the news if it is accepted if we see a consistent. positive for most of us from the. terms of the. definitely more cuts will work for post. rush's heavyweight carmaker after moving

into kazakhstan the company has agreed to launch. full cycle production with a local car for him. it will take one year to design the plant and another to build but in four years ninety thousand cars and people and from the new plant annually it's hoped that the project will meet the calling to mounds of cheap cars covets downwash and central asia companies say the project will require half a billion dollars. and that's all i have for you this hour gets you can always log on to our website on t. dot com slash wistful. discovery

. communicate with you want to. test yourself and become free. see what nature can give you. from los angeles to chicago to birmingham twenty trauma centers of close since two thousand and seven all of them is not enough in-patient beds not enough urgency department that's another enough nurses commandoes that to take care of all the people who are not the only real cult care system that we have in the city of los angeles is the los angeles fire department in fact when i started my venture is

a firefighter i didn't want to do. i started out running. it's about eighty two percent of what we do in this medical. i've waited sometimes three hours but i wouldn't say st francis in lynnwood for four hours and fifty minutes. and we have a federal law that mandates no one away who seeks care in an emergency room. health care system in the world and it's probably the least.

welcome back you're watching a reminder of the top stories. both through a plan to clear the way for a new government. down but many say the dead were. just economies from following in the food stamps of greece and portugal. bombing for billions companies from countries that took part in the campaign to cash in on reconstruction lucrative contracts in the pipeline have sparked new questions over their real motives for a military strike. russian space x. birds are struggling to fix technical problems on board a probe launched martian moon with few days ago the ambitious interplanetary mission was a. sample from the.