this weekend that's a storm clouds continue to build thousands of miles away over in the eurozone forcing the apec leaders to find ways to protect the region from the e.u.'s economic trauma. takes a look at what's on the table in honolulu. 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 few days to come even though the top

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 that 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 the only responsible thing to do. you see clearly that. the u.s.

. just position can be me that. we will continue to encourage field position. leads to and to show concern about this country. 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 upon here on the ground we are expecting a meeting between the russian and u.s. presidents to take place where they're very likely to discuss the 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 on the agenda here in honolulu and we'll bring our viewers all the latest as events in the arrival. to keep your eye on the pulse of the asia pacific. for example.

with the. flip flops. he. political.

people are getting a little crazy with having to worry about. hundreds of children. here in the. hope of the rights this region could become a real sense of. power could come to an end within just a few hours if italy's lower house of parliament approves of asa new austerity package the prime minister's seat though won't remain vacant for long with a veteran euro crat looking set to take the baton from skinny our correspondent

sarah ferguson in rome with more on the build up to the vote. the m.p.'s we've been speaking to here said italy is now absolutely desperate to send a very strong signal that they're able to get the situation under control now of the measures get that 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 in greece with the appointment to the top spot. be official. assistant 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 over whether an unelected government is going to have credibility what you're seeing now is an extension of brussels in a really that is what's happening again the m.p.'s that we're speaking to are

saying that this technocrat 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 and we've seen rioting in the past in the country over these measures now that public support as he said is absolutely vital because implementing these are starting measures having a new head 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 one of bastille but they still have a war on their hands and it's a war that the entire eurozone now has to face and that's just how you bring long term sustainable solutions to kick start stagnating economies like italy. reporting right there right now the pro quality occupy movement as quickly gathering pace and germany with fresh protests now starting in the capital in the country's financial heartland of frankfurt. to join the demonstrations seeking to

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 regulation in order to make this sector compatible. otherwise we always see such measures in larchmont. that we saw a couple of weeks ago here in the german parliament pushed. days. necessary in two thousand and eight. but they were without conditions and we need clear

conditions for those. so and that hasn't happened in germany that's what we criticize make a clear sign that democratic societies can no longer tolerate systemic clear relevant that can suppress our society. and as the euro crisis continues to chip away at confidence in the european union's leadership max and stacey about to cause the rise so why speculators are so eager to see the crisis rage on because reports are 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 in stimulus 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 it and transcript ocracy 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 made europe in america's financial woes are investors making a shop turn to the east where china keeps on rising in the ranks on the global economic stage beijing's might however is not being met with enthusiasm in the united states. such as the attitudes. ways i'm not what you always was yummy obama may want to see if we can see the six hundred ninety one years old she's waiting. while i succumb to the boss and. she going to get warm and go.

change 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 afraid 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 unhappy at the thought of china nipping at their heels and for the us nowhere is that clear that in the race to the white house china is on almost every dimension chidi this is no longer a time for us to sit back and say we're going to let them steal our jobs what we

need to do is stuck in rich saying china with our money i want to beat china i want to go to war with china and make america the most attractive place in the world to do business woah woah whoa does it have to be us or them and is anybody buying it the world changing you know so like the fact the fact that like china's economy is modernizing. isn't there a 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 i think it is in a busy. most countries do just as any other country so yeah i don't know where the comes from the us about china well there you have it it seems china is the new kid on the economic block and it's up to the us and the west to see how they deal with reporting from washington i can see. it coming to life in

the heart of moscow now dr carolyn hellman from the college in los angeles says 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 confront someone we hear these republican competitors talking about china as an enemy i do think that it fills that notion of having something to oppose in order to buoy 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 u.s. to have competitors it's never good for a global superpower to be 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. nearly a quarter past the hour here in moscow political correctness may have many stopping

to think before opening their mouths these days but has it gone too far that's the question laurie hofmann 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 effect on society how do you feel about it this week let's talk about that it's been carried overboard. people are getting a little crazy with being having to worry about every little word they say whether it's actually politically correct or not if you live in this country you should be politically correct because this is your country what does that mean is that so you can 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 pulled off on political correctness where i think you've just got to realize specially

a comedy. just loosen up 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 we just laugh it's funny but it just depends if like generations accosting if you're talking to some elderly people then yeah you show some respect even if you know you don't completely think it's necessary it's different when you're young but when you start getting a bit older you realize this but sometimes what comes out of your math is not a pearl. it's refreshing to see somebody like chris christie from new jersey cause he speaks his mind regardless of what the consequences are versus always being worried that people are going to think what the poll numbers show so you'd rather be offended and at least have the truth yes very much so whether or not you feel like political correctness is having a negative effect on society the bottom line is it's probably just going to keep becoming more and more prevalent.

or let's get to some of the headlines for you from around the world this hour protesters in egypt are demanding that syria be suspended from the arab league they gathered in front of the group's headquarter. 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 a possible suspension would be seen as a symbolic blow to syria which is proud of its image as a powerhouse of arab nationalism. 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 the munitions facility 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 a reporter fully protective clothing before going in the plant suffered a series of explosions after being deluged by a devastating tsunami back in march it was the world's worst nuclear crisis since the. well 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 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 our. 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 have been 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 the 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 skills and sharing the growing water sports experience here and on is 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 and water. he's currently number two in russia they skim the waves in european competitions the 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 a great wind the infrastructure is ok but with some investment it could be good we had a freestyle competition here not long ago and we have hopes of hosting a world championship he'll be trying to win that championship i was just getting the hang of standing up i'm surrounded by hundreds of wind of all ages bathing in the black sea cup it's evidence of the growing status of water sports but i won't be joining them any time soon. and 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 russia. so there's a lot of adrenaline that's what it's all about tricks and a lot of adrenaline now it's easier but to master trick you have to full one

hundred times the black sea provides good conditions for this book too. it's a difficult sport to master with many of these young riders taking years to reach this standard yet 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 but 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 lympics sports and that raises the profile of what is still a fledgling perceived in russia. do 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. a feature that will be played out here in the surging blue of the black sea tom watson r.t. . r it's a big day for business here in the russian capital out of meters here next to tell

you all about. thanks rory the heads of some of the world's largest financial institutions are in moscow discussing the main challenges facing the global financial system that this meeting is pictures boeing's one hundred and seventy if anniversary. 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. by dmitry wald the discussions of really centered around the financial turmoil in europe and how this might 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 one of very soon and the experts we've spoken to this so-called dr doom of the global economy listen the role roubini said that the situation they do result

could have a serious impact on russia. to the situation or that we call a result of the more euro zone is what. the faults on the dollar that dads or even other stocks are or the faults on the banking that of the spiritual companies or the other one or more of them are the euro the especially the large ones exit the euro zone that could be much larger than the result of the lops all believe the brothers in the fall of gaza they come all the prices would fall sharply. with a rush of what i should say is that and that europe is those stories of the three the eurozone with the fact saying that all these things get all the way to russia. for a little business and then analysts were also suggesting ways on how to improve the situation the head of the sperm banks said that european regulators should stop making banks why don't that's why aig creasing capital requirements while others

said that. the european central bank should play a more active role in helping resolve the debt crisis. debased thing that the new governments could do well that's essentially the french are determining the government's. saying in the scene i wish to be set up here and then that would reduce the e.c. need front of the problem and force them to react to that right now the c.b.c. i mean you and telling government you will you do things the government cannot use the ones you don't have the resources. the only thing to do is to make mistakes and that increases the amount of the. lawyer wasn't all doom and gloom your prime minister putin also made an appearance and eventually the importance of using new magnets in doing business and one of these new methods is crowd sourcing this is the first time this is being used here in russia the sperm bank has allocated one a million dollars to generate new ideas from web users and the projects already

proposed includes a social network for all their citizens which will help them deal with their financial matters the sperm bank is now the twentieth strongest bank 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. all right thank you marina calls for your love for from the international financial conference and most likely. russia prove ties with its asian partners as it turns the nineteenth annual asian pacific economic cooperation summit presidential. lines the key issues for russia. i would like to see the interest in our integrate integration projects in the. area risk countries participating more actively in dialogue this customs union.

a good compliment to the efforts you all undertaking to these are far lobel economists to beach in the global economy girls also would like to put forth our accounting could send for the next year expect meeting. in with us talk. into our interests will be primary there is irrelevant to. transport and logistical system since the asian pacific region. liberalization investments in the region food security into modernization of. technology including issues city digital property rights. as a on the business desk for now coming up next i'll see the headlines with for a. wealthy

british style. tirelessly. market. come to. find out what's really happening to the global economy which makes cars or there are no holds barred look at the global financial

headlines kinds of reports on. the books . just. in canada and

the us that it is legal for you. and your baby it contains a known carcinogen something that causes cancer most of the. independent. counsel in the industry and most of the. claims of conflict of interest today an average cancer drug prescription costs nearly one thousand six hundred dollars a month. nobody with cancer in my five therefore i protect. because ninety five percent of the cancers hurts people with family 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. in fact there are more pharmaceutical industry lobbyists in washington d.c. than members of congress.

he. couldn't take three. three. three. three still.

the.