>> "bbc rld news" is presented by kcet,os angeles. nding for this presentation is made possible byhe freeman veont, and honolulu. the newma's own foundation. the john d. and cherine t. macarthufoundation. and union nk. and "bright star" a new film by jane campion. at union bank has put its

strength to a widerray of companies from small businees to major corporatns. wh c we do for you? >> he w a dreamer -- >> i wasloating above the trees. >> she was a realist. with every." -- every word herote inspired th romance that woullive forever. >> get anxious i don't see. i must warn youf the tradoor walking in. >> "bright st" from "campion. >> n bbc world news. >> welcome to a speci program on the aftershocks of the global economic meltdown. one year sincthe collapse of lehman brothers, world leaders are sing there is cae for optimis we sll have a long way to go. but there is little debateat the decions we have made and

the steps we take helped stop our economic freell. >> is right? we have the glal picture from our correspondent in europe and ross asia. our other main headlines -- iraq'shoot report is releas and claimed was tortured in jail. fixing zimbabwe --he country islowly on the men but leaders are feuding. and, he took e baby out of that corn. a tribute to patrick swayze. >> this me last year,he world was etering on the ee of aecond great depression.

americans had decided not to save lehman brothers. benernanke is a cautious man who chooses his words carefully and says it'sery likely the cession in the u.s. is over. in one minute, we willear from bbc correspondent acrs the globe. [audio difficultie] >> a day after scolding wall street, the present is trying to s the main street.

[audio difficulties] > you wo hard, you meet ur responsibilities, youeserve better than t attitude that s prevailed in washington and wall sreet and sometimes in detroitor far too long. an attude of values well over work. >> easy enough to say, but harder to deliver. but is might be a sn things e improving. this -- a [audio difficults] >> om a tent -- [audio difficulties]

the thnical and to the recession. ben bernanke saiis that -- said it is uncertn how fast recove will be. to the armies of unemployed, that is b news. barack oba said his job is to ge everyone a job >>'m not talking out just any job, but [auo difficulties > the world's biggestconomy is growing again, but it wl not feel like that to the people in this countr for se time to come

>> i believe we can now go back to the white hse. >> i do apologe for the loss of communication. we were tking but that t white housend wall street today, whathe financial situation is looking li. let's go to r man at the new rk stock exchange. when y think about what it was like when you're ago, the panic on wa street, comped tohe mood - [audio difficulties] >>[audio diiculties]

over time, that has had the effect of calming down the markets. credit marketsre still not working perfectly. ihink we heardthat -- but you're absolutely right. the mood here toda is -- [audio difficultie >> you have told us a lot about plans to reform the finanal stitution -- [audio difficulties] >> the i areat internatnal will to ree on so measures that cane use --

[audio difficulties] ther is agreemenand will be agement among g-20ountries thathose measures are needed. in the united states, a lot of them are still gged down in congress. where you might see some disagreement in pittsburgh the g-20 said it is on this prect on the g-20 summit is on this queson of bonuses. we have had suggestns by the fresh -- by the french president about limitinbonuses significtly. i think there is a feeling that you cannot be that prescriptive and if you have to work with the fincial industry apresident obama ggested to come up with measures -- or to he some sort of clawback provisions if compies start to makeosses again. that in partular is one whe there will not be agreement at thg-20 summit.

>> thank yofor that from the new yorktock exchae. [audio difficultie espeally relations with china -- that h to be the most important bilateral relationship anwill report on how that is looking as well. >> many anks. stay clr of the lightning ina was one of the firstajor economs to feel the pn of the gbal slowdown. millions of factory workers lost their jobsas western consumers stopped buying chinese-made gos. beijing lached a stimulus programf $566 billion. has that been enoh to keep the economy goin we have this report. >> on theanks of the yell river, china's govement is trying t sve an age-old

problem. every year, the loss -- to the north of the cntry facesa rought while theouth that's ooded. so they're building t world's laest grain. -- the wor's largest drain. the mile section will be called under kilometersong. it's a bigger enneering project in the three gges dam. they are trying to read engeer mother nature. in five years' time, billions of cubic meters of water will head south. china is careless and single- minded about these grand projects, bu the jury is still outn whether this will actually work. there is no estion about be released this is bringing to the chinese economy. e project has been on the drawing board sincehe days of chaian mao, c -- says the chief engineer.

>> [inaudible] >> wktarted before the financial csis, theovernment hse record-breaking stimulus program heed things along. >> china has been unrgoing huge growth in the last 30 years. th is why we are capable of such big project. they benefit people and workers also. there are over hf a million people employeeither dectly or indirtly on this project. >> acsshina, it is tught that extra gernment spendin has created 20 million jobs. >> they have given a shovel and a all paycheck to lot of people who we assembling barbieolls and laptops. that has helped it has stopped theise in

unemplment. if you look at tata, this is the only major manufacturing economy in the world where factories are adding aff. but at does not mean the problem is gone. it's justot getting wors >> behalfhin>> china already hal in t ground, there are enough projects to keep thathe economy poweng along. >> in itain, theconomy is slowly emerging from its deept recession sincworld war two period with an electn next year, theres a bitter political btle about how deep thcuts to public spending need to be. eaking to union aders on tuesda gordon brown sa it is poible to invest and reduce costs. >> we made the right choice support the people where banks have failed to do so. and we're doing the right thing noto make sure that for the fure, as move into full recovery, we wi invest and grow with public finances that

are sustainable weill beutting costs for rican, ensuring efciency where needed, agreeing to realistic public sentiment througho, selling off unoductive aets we do not ne t pay for services we do need. >> written's prime mister there. while the financial cris left many countries reeling, india has proved impressively brilia. although eorts were badly hi consumers cut speing to the worst of the downturn. the mood in mumbai is ueat. >> one year ago, and the apostle commercialenter for devastatioand much of it commercial business. one year lat, commercial spending is back. turnover and prospects are tter than eeryone feared. most businesse have bounced ck carrying -- bounced back. they ly on marke li

diamond processing and aevered at the for month nine nse of all the world's diamonds are procesd in mumbai. one-ird of thmillion people who rked in amonds across india lost their job nternational demand is way down but the indian market is now even songer than beforthe crisis. >> [unintelligible] >> in the back oice, this man ru his own sml i.t. comny with a contrt to design softwa for a diamd company. one ye ago,he was struggling to keep his busine growing an prospects were bak. >> [unintelligible]

let's rend you how pessimistic u wore this time st year. compared to one year ago, he has new contcts and 15 staff. >> from the last six mons, things are dng really good. tt is increasinghe employment around. six monthsrom now, we will see a good business. >> centr tondia's rerkable resilience has been to things -- first, the govnment stimulus msures that putoney into people's pockets. second, the longstandin refusal de-regulate the financial sector. now it iseen as a wise and prudent reluctance to follow the example of the u.s. cried by and lar -- by the u.s. it has n slowed the

lifestyles. stay with if you can. still to come, the rest of the day's news including -- he was torred for doing th. the claims of iraq's shoe sre on his release --ssue for a war on his relee. thfinancial crisis began on wall street, but noorner of the planetas been untouched. growth haslowed significantl in many countrie our reporr isin the capital canada. >> the collapse of lehma others signified the beginning of a real crisis around the world. the contagion spread from wall street financial centers in europe and eventually asia. the queson is, w ha was the orest continent hit? africa. i'm joined by the editor of the influential business dail newspaper here ikenya. how hard wa africa hit?

>> is a mix here. by and lar, africa was spared the fit wave of collapse in global fincial institutions. but there re a media [unintelligible] because the consumer in europe and north ameca who constitutes the tourism source to africa, that immediaty disappeared as people lost jobs and come dps. >> the prospector aspirate -- for africa's features are next? >> prospects are mixed. what isoing to happen is the rican econoes, the ones that are dependent mineral reurces like thecondo -- like the congo, when the economies of

the west recover, and every new their business, the recovery might very fast. but for economielike kea at are dendentn services li tourism, 's going to take more time before tourists have e confidence to come back. >> onmain headline -- one year since theollapse of lehman brothers, the chaianf u.s. central bank ss the recession isery likely over. other global news - the iraqi television reportewho threw a pair of shoesin protest a president bh claimhe is tortured iprison. muntadarl-zaidi was released from jail tay. he served nine months for that offense. we have this report from baghdad. >> freedom for the shoe store.

-- the chute trower. at theaghdad televisi station where worked, he was welcomed as a hero. he hurled one, then to shoes. at president bush last year. this little known journist became an stant celebrity ound the world. he created a new form of protes predentush, on his farell visit to iraq seemed to see the funny side. iraqi securi guarddragged him ay and the30-year-old journalist screamsould be heard outside as heas beaten up. eaking after his relee, he said the mistreatme continued to the next day. >> i was subjecteto the most hideous kind of torture ncluding electric shocks and beatings with metal cables. the next morning, i was taken out, handcuffed ithe cold after being soaked in cold water.

>> people were walking across the arab world where hhas been idolized for his fiant message to the former u.s. president. fers of marrie, houses, and cars have poured in. but there e skepts also. >> i thoughtt wa completely wrong, tis egyptn woman said. thisas a psident, and even if he has done somethingwrong, we cant respond in this way. this poster outside baghdad levision station where muntadar al-zaidi works, tal of them being a lion who protected the country. not everyone in iraq sees tm as such aero. bu the iraqi government w has to aner questions over how it treated him while he was in custody. >> a un vestigationnto the confct in gaza hasfound eviden both sides coitted war crim. the israelis by shooting

civilians, carrying white flags, and shling a hospital an the palestians by launching rocket ttacks on civilian areas. the leader of the iniry says it couldnd up before the international criminal cou. the fbi h one police the bitron the u.s. be on the lookout for evince of homemade mbs. this follows raidon several w york city apartments. and-rrorists police said they were huing for explosivesnd links to al qaa. there has been a sharp rise in a number of babies born with birth defects in beijing. here is some concern the increase is linketo environmental pollution. many experts sist it's becae more cases ar now rerded than before inimbabwe, the movement for democratic change told t bbc political violences still 12 months after the power- sharing pact was signed. feudin is still undermining the deal. it raises fearthat a deal cann lt.

our african correspondent that this repo from ari. -- froa harari hit. >> theyre digging up old pipes, trying to fix the collapse and the strucre of zimbabwe. >> [unintelligle] >> i was here one year ago ana difference today is a remarkab. there is no more hyperinftion. peopleoave a little bit of realoney in their pockets. so the ecomy has stabilize but politically, it ia very murky. this was the handshake one year ago designedo end a violent political power struggle. on the grnd, activists fear not much has changed. he was beaten and five friends

wereilled by the president psible illicit -- militias last year. >> [untelligible] >> those tensionshreaten to tear the unity ofy part. >> for thigovernment to work and succeed, and a long as ty are arresting people, we're not going to move. >> i don't think anybod anticipated it w going to be a smooth ride all the w. w're going to have challenges and difficulties, but i think there is sufficient amnt to an inclusive government to ma it work. >> perhaps. in e meante, more outside help is beginninto flow into zimbabwe. money for school books. britain istill can't -- is still cautious about getti cash to e government.

>>e believe the fmation of this coalition goverent presents an portunity to move the country forward. weill assess how much further go with our assistance in the light of howhe glal polical agreement is plemented. >> so, some real progress thi past year. zimbabwe is not out otrouble yet. >> the actor patrick swayzeas died a age 57 of cancer. he starred in many hollywo blobusters. but it w his role in "dirty dancing" that made him a legend and set the telate for many woody pting minutes -- many a wedding party routine. >> ♪ now i have had the timef my life ♪ >>patrick swayze had it a, the looks, e moves, fro

johnny in "dirty dancing" to "north and south" and onto "ghos" "peop magazine" vted him t sexiest manlive. but he found fame difcult. he drank, he chose a vy different roles, but throuout, he did keep worng, even when diagnosed withancreatic cancer. but one film stands out. dancing w what he had trained to do before he turned to ting. "dirtyancing" was the role of a lifetime. >> nobody puts baby in corner. >> 10 years ag there was the 100 plus club. men that had seen it in theaters over 0 times. >> ore than 20 yrs later, he is still an inspation. >> he made dcing sexy.

he made it mascune. >> heavy seen that film? >> of course i have seen that film. show me one dancer in this roo who hasot seen that film. >> i watched it sometes when i was a kid. i had theink dress and i wod [intelligible] >> agait inspiraon, then. pecially for the manwho has taken o the role on the west end stage. >> suenly, it was cool for me to be a dance and a former tor like that. itroke down barriers. >> patrick swayz, the son of a dance teacher and a cowboy, a good-looking tough guy who really could sep a girl off her feet.

♪ >> i'm not more about". bre." patrick swayze debt at the ag 57. reminderf our main use, er -- one yr to the day since lehman brothers went under, causing global downrn. ben bernanke said is vy likely the ression in the u.s. is over. in thisrogram, we have heard coront -- we have heard fr correspondents around thelobe, from china were a massive imulus program in pce and to india whereheir economy is growing -- >> "c world news" is presentedfunding for thi presentation is undation of w york, stowe, vermont, and honolulu. the john d. and cathine t macarthur foundaon. and union ba. and " the brigh star" a new

film by jane campion. union bank has put his financialtrength to work for a wide range of companies, fro small businessesto make corporations. what can we do for you? >> he was a drear. >> ias flting above the trees. >> s was a realist. with every word he rode -- wrote, inspired the romance that live on forever. >> i must warn you -- >> "bright star" from jane campion. campion.