a wonderland for travelers for high profile discussion because the heads of asia pacific nations gather in hawaii pledging to prevent the european debt crisis from spreading to the region. if as for the dawn of a post berlusconi in his parliament sits down to vote on a new austerity package intended as a last line of defense against collapsing confidence and its economy. and china's a booming economy isn't always met with open arms the united states sometimes painting the emerging superpower is a dangerous. global

news from the heart of moscow this is our team with me world. the world's political and economic heavyweights from the asia pacific nations descend upon a sunny why this weekend storm clouds continue to build thousands of miles away over in the eurozone forcing the apec leaders to find ways to protect their region from the e.u.'s economic trauma. takes a look at what's on the table and on innit. basically even though the primary primary goals of the apec summit are improving the trade relationship and economic relationship all the countries that make up the asia pacific because of the extent of the european financial crisis this is certainly a headache that's looming over leaders having gathered here and many are seeing this as sort of a continuation of the g twenty summit without the participation of the european

states we are expecting the leaders gathered for the apec summit to send another push to send an extra message to the european countries to try to find to step up their attempts to improve the financial situation so this is an extra message important message that we're expecting to hear a lot of about here on the ground in the next two days to calm even though the top of the topic and the substance of the effect summit is usually traditionally economic issues certainly political issues are surfacing we've been hearing because of the situation in syria where anti-government clashes have been really attracting so many headlines and we have heard from u.s. secretary of state hillary clinton saying that the united states believes that the syrian president should step down regarding syria we discuss the ongoing and escalating violence perpetrated by the assad government against its own people our position is clear we are supporting peaceful transition assad has lost his legitimacy to rule and he should step down well russia on the other hand believes

that it's important to take for negotiations to take place and it says that it intends to help and kick starting those talks inside syria the russian foreign minister has spoken and said that he believes that it's it's the only responsible thing to do some opposition groups can see clearly there's no use in turkey and the u.s. . has done just position can be needed. we will continue to encourage field position structures leads to and to show concern about this country and disagree with some snow the snow. well russia believes it's important to avoid the libyan scenario when it comes to syria but this is certainly not the only political issue that is being touched on here on the ground we are expecting a meeting between the russian and u.s. presidents to take place where they are very likely to discuss u.s. plans for a european missile defense shield as well as russia's accession to the world trade organization as well as really a range of other political issues so definitely

a lot of the agenda here in honolulu and go bring our viewers all the latest as events unravel. he's honest reporting right there for a little while to keep your fingers on the pulse of the asia pacific summit in honolulu just head over to aussie's twitter streams for example our course one of the. tweets of the aloha spirit overwhelms the gathering even undercover agents of trolling the beaches in flowery shirts and flip flops there's also plenty more of these facebook and you tube pages. he. says.

so i could have you with us today he watching out he still has to give us our it's the return of our new york resident this week lori half of us to find out if passers by a fed up of political correctness. we've go thing in england where the sun comedians have been pulled out from political correctness it's been carried overboard people were getting a little crazy with being here having to worry about every word they say should we censor every word that comes out of one more for the people of the big apple have to say in just a few minutes here i'm out here plus. throughout the week hundreds of children and adults of be competing here in the black sea called windsurfing trophy and it's hoped that with the right support this region could become a real sense of the schools russia close some series invites you to differ your toes in the warm waters of the black sea where lovers of daring water sports actually come for their.

prime minister silvio berlusconi's a decade a decade longer. power has come to an end within just a few hours if italy's lower house of parliament approved a vast new austerity package the prime minister's seat though won't remain vacant for long with a veteran euro craft looking set to take the baton from but it's going to our correspondent sara first in rome with more on the build up to the vote. the m.p.'s we've been speaking to here his that italy is now absolutely desperate to send a very strong signal that they're able to get the situation under control the measures get but a preview today that would then of course pave the way for the resignation of prime minister berlusconi as he promised. the man he's being paid at the moment to take the top spot is. he now he's not only a respected economist here in the country but he's also the former e.u. commissioner and as we've seen increases the appointments the top spot for the e.c.b. official you know mario monti's your nasal system inside and out that appointment

would certainly please brussels but there is concern about whether that would gain public support because there is a question mark whether an unelected government is going to have credibility or what you're seeing now is an extension of brussels in those official really that is what's happening again the m.p.'s that we're speaking to is saying that this technocratic government now is really good it is pushing through these harsh measures just getting them off the ground because they've been long promised and have failed to materialize we've seen rioting in the past in the country over these measures that public support as you said is absolutely vital because implementing these asperity measures having in you had coming up with a caretaker government is not going to be enough certainly if everything goes ahead this weekend without any glitches in italy will have won a battle but they still have a war their hands and it's a war that the entire usa now has to face and that's just how you bring long term

sustainable solutions to kick start stagnating economies like italy. that. pro equality occupy movement is quickly gathering in germany with fresh protests now starting in the capital. country's financial heartland of frankfurt. to join the demonstration so you could draw attention to rampant corporate greed. the increasing poverty of the masses by the german occupy movement has also made significant steps in legitimizing itself the support of two major political factions and we spoke to one of the organizers of the. bank who believes if democracy is to survive in germany now is the time to make a stand. we have a. problem in the financial sector which is absolutely dilute deregulated and we need further relation in order to make this sector compatible. societies i don't. always see such measures the enlargement. we saw

a couple of weeks ago here in the german parliament pushed. day. necessary in two thousand and eight. but they were without conditions and we need clear conditions for those bangs. so and that hasn't happened in germany that's what we criticize or make a clear sign that democratic societies can no longer tolerate systemically relevant. societies and as the euro crisis continues to chip away at confidence the european union's leadership and stacy go back to cast their eyes over why speculators are so eager to see the crisis rage on reporter coming your way in about twenty minutes from now but for now here's a taste of what you can expect. every time the eurozone creates

a dollar or euro instead they create a hundred euros in naked short sells they'll never going to win that war but the fact is that the tail is wagging the economic and financial dog around the world and we're totally powerless against an entrenched cup soccer city with unlimited credit zero percent interest rates with the central banks at their bidding and politicians just basically lying down and doing nothing about it so this is the new world order. and i made europe and america's financial woes so investors are making the shop turn to the east china keeps on rising in the ranks on the global economic stage but beijing's night however is not being met with enthusiasm in the united states. assesses the attitudes. we know

we. maybe we can see most easily. he said. it's time to process. shared sacrifice and going to get warm and go. to the future you have to yikes ok let's just get right down to it shall we should we be afraid of china. well what other place in washington d.c. is chinatown to find out i don't think we have to be a fraid of china but i do think that we should be concerned well i think concerned might be the right word for it and angelina isn't the only one on march twentieth eleven b.b.c. poll shows that many in the west aren't exactly thrilled about china gaining more economic steam in the span of just five years negative attitudes towards china have skyrocketed with france germany italy the u.k. and the u.s.

on happy at the thought of china nipping at their heels for the u.s. nowhere is that clear and in the race to the white house china is on almost every dimension cheated this is no longer a time for us to sit back and say we're going to let them steal our jobs we need to do is start in reaching china with our money i want to be china i want to go to war with china and make america the most attractive place in the world to do business. doesn't have to be us or them and isn't even buying it's the world changing you know so like the fact the fact that like china's economy is modernizing. isn't the reason why our economy is doing poorly right now. and so it's maybe just a straw man when. presidential candidates bring it up but they did it in a business sense of economics it was countries to just work with china as any other

country so yeah i don't anyway if it comes from from the u.s. about china well there you have it it seems china is the new kid on the economic block and it's up to the u.s. and go west to see how they deal with the reporting from washington and i can decide oh i see. but you live in the heart of carolyn helping from the occidental college in los angeles those that washington feels the need to paint china as a new evil empire. china becomes this very convenient target we need an enemy right the cold war is over terrorism doesn't provide a concrete enemy for the united states to confide to someone we hear these republicans and others talking about china as an enemy i do think that it fills that notion of having something to oppose in order to prove the resilience of nationalism and again i find i take issue with that nationalism but at the same time i think it's good for the rest to have competitors it's never good for

a global superpower to the only one at the top are perceived because then they act with impunity and i believe at various points in u.s. history we have seen the evidence of that i think having china in the mix will be very positive for social political relations. past the hour here in moscow political correctness may have many stopping to think before opening their mouths thanks james. that's the question laurie hof and it's better known as the resident has been putting to people in new york. a recent poll indicated that people are starting to feel like political correctness is having a negative impact them for friday how do you feel about it this week let's talk about that it's being carried overboard. people were getting a little crazy with being having to worry about every word they say whether it's actually politically correct or not well if you live in this country you should be politically correct because this is your country what does that mean that is so you

have to censor what you say you should think about what you say you should you should take time to use the correct words before you say something that you don't mean and i mean we've got a thing in england where comedians have been holed up in political thing you've just got to realize specially of comedy. you know everyone's going to be offended by something and i just think there's always going to be someone who looks for something to complain about my generation we don't really care we just laugh it's funny it's just like generations ago i think if you're talking to people. even if you know you don't completely think it's. different when you're young but when you start getting a bit older you realize sometimes what comes out. it's refreshing to see somebody like. speaks his mind regardless of what the verses always being. what the poll numbers show you rather be in at least at the truth.

but they're not you feel like political correctness is having a negative impact on society the bottom line is it's probably just going to keep becoming more and more prevalent. but let's go to some other headlines for you from around the world this hour protesters in egypt are demanding that syria be suspended from the arab league think of it in front of the group's headquarters in cairo where foreign ministers of member states convene for an emergency session discussions was syria's failure to end the bloodshed which started with a government crackdown on civil protestors eight months ago it's possible suspension would be seen as a symbolic blow to syria which is proud of its image as a powerhouse of arab nationalist. iran has been rocked by a powerful explosion. forty kilometers outside of tehran with at least fifteen

people reportedly killed two consecutive blasts reportedly ripped through the site southwest of the capital shattering windows in nearby buildings that munitions facilities supplies the country's revolutionary guard the cause of the blast right now remains unclear. the crippled fukushima nuclear plant in japan has opened its doors to journalists for the first time in eight months i reporters had to wear fully protective cloak clothing before going in the plant suffered a series of meltdowns and explosions after being deluged by a devastating tsunami back in march it was the world's worst nuclear crisis since the have churned out. so i would now it's time for our close up series as we put the spotlight on the many wonders of russia. and this time where the black sea coast down in the south it's

a place bustling with tourists who come here to get their dose of relaxation under the sun but now this region is also attracting hundreds of thrill seekers including artie's tom cotton. slowly the old soviet resorts on russia's black sea coast are becoming centers for very modern water sports throughout the week hundreds of children and adults of be competing here in the black sea cup windsurfing trophy and it's hoped that with the right support this region could become a real center for water sports. it's the black sea cup in southern russia a waters full of jellyfish the sea full of waves and the wind whips the air with salty spray and that's just what everyone here has come for. children and adults have traveled from all over russia to show their stills sharing a growing water sports experience here and on as one of the best. when you ride in

your board at top speed your feelings so you have control of two forces of nature in your hands wind in water. he's currently number two in russia and his skin the waves in european competitions and sport isn't cheap and he's short of financial backing to match that of his european and american competitors but he's hopeful for the black sea coast as a potential world class water sports center. this is a wonderful place with great when the infrastructure is ok but with some investments it could be good we had a free style competition here not long ago and we have hopes of hosting a world championship he'll be trying to win the championship i was just getting the hang of standing up i'm surrounded by hundreds of women of all ages behaving in the black sea. of the growing status of waters or. i won't be joining them many times through. a neither would i be taking part in even more

tricky kitesurfing here too they have been battling it out to prove their speed and agility surrogate has been crowned number one in russian. there's a lot of adrenaline as well it's all about tricks and a lot of adrenaline now it's easier to master trick you have to fill one hundred times a black sea provides good conditions for the sport to it's a difficult sport to master with many of these young riders taking years to reach that standard. we have a number of good spots for arriving this wonderful day and on the other side of the black sea here in russia the season is short so we don't have much practice time of the water or the advantage of russia is we can snow kite. again it's money that's the problem for most kitesurfing now however it's on the way to joining the list of the limping sports and that raises the profile of what is still a fledgling pursuit and russian. sport needs young people in ten years i want to

see hundreds of kids kiting here then we'll be in good hands we'll have a future. of the chair that will be played out here in the surging blue of the black sea tom watson r.t. . r s i better business here in the russian capital are commuters here next to tell you all about. thanks for the heads of some of the world's largest financial institutions are in moscow discussing the main challenges facing the global financial system at this meeting is practice boeing's one hundred and seventy fifth anniversary one of many because of a joins us live now from the international conference hello to you marina so what's the highlights been for you so far of this conference. called me through all the discussions of really centered around the financial turmoil in europe and how the

smart affect russia the country's former finance minister said that a financial crisis is developing around the world and it could turn into an economic want to very soon and the experts we've spoken to this so-called dr doom of the global economy go through this in the role roubini said that the situation they do so could have a serious impact on russia. if you had the situation where the we call these or the early more euro zone is what that was all about the faults on the dollar the bads or even other structural or the faults on the banking that disappears for the companies or the where one or more of them are the especially the large ones exit the euro zone that would be much larger than the design of the collapse of lehman brothers in the fall of the thousand and eight come all the prices will fall sharply mixed with russia russia says that in the euro if i just

use those sources because i rather think we'd be in the euro zone with the fact that since rallies that are all the way to russia. for a little businessman analysts were also suggesting ways on how to improve the situation the head of the sperm banks said by european regulators should stop making banks wife of that's one eight freezing capital requirements while others said that the use. he and central bank should play a more active role in helping resolve the debt crisis. the basic things that the new government is going to do well that's essentially the french are determining the elements you best they stop saying anything i wish to be up here and then that who puts the e.c. need front of the problem and force them to react right now the e.c.b. is the fight we need and telling government you will you do things the government can no you see we don't have the resources any of the only thing to do is to make mistakes so badly increases the amount of that make that our. lawyer wasn't all

doom and gloom here prime minister putin also made an appearance and evolution the importance of using new math gets into in business and one of these new methods is crowdsourcing this is the first time this has been used here in russia square bank has allocated one a million dollars to generate new ideas from the web users and the projects already proposed includes as social network for all their citizens which will help them deal with their financial matters the sperm bank is now that it's once you have strong described in the world and this is one of the ways that they hope they'll be able to climb to the top in the next ten years. time all right thank you marina closer for your life both from the international financial conference and most likely. russian arms to improve ties with its asian partners as it attempts the nineteenth annual asian pacific economic cooperation summit presidential are you going to but of course i once the key issues for russia. i

would like to see the interests in our interest integration projects in the. area reese country persuading more actively in their look this custom union. we've come from and through the efforts over on that they conflict with your for global economic stability and global economy groups also would like to put forth our country concerned for the next year if i can see that in will give us the close in to our interests really the primary there. for transfer of templates for system since the asian pacific region. liberalization for investments in the region for food security and for the musician for technologists including issues siblings international property rights. as i'm on

the business desk for now coming up next tossing the headlines with the right. the being. wealthy british style the best the tightening.

market why not. find out what's really happening to the global economy with mike's culture the no holds barred look at the global financial headlines comes a report on. the by . the be.

just. in canada and the us that it is legal for you to use a bubble bath on your baby that contains a known carcinogen something that causes cancer most of this trying to soften up cooking to friends they are sponsored by in the streets and most of the brave creates a conflict of interest today an average cancer drug prescription costs nearly one thousand six hundred dollars a month oh my god i'm a nobody with cancer and my father and therefore i protect so because ninety two ninety five percent of cancers hurts people with self funding history of cancer the pharmaceutical industry spends about fourteen percent of their budget on research

and development and about thirty one percent for marketing and administration or in fact there are more pharmaceutical industry lobbyists in washington d.c. and members of congress. it is easy. to. see. a critic a sure free lunch for church. free.