>> this is bbc world news. funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. >> at union bank, our relationship managers work hard to understand the industry you operate in, working to nurture new ventures, and help provide capital for key strategic decisions. we offer expertise and tailored solutions in a wide range of industries. what can we do for you?

>> and now, bbc world news. >> a fresh bailout teal for greece could be approved by european ministers in the next few hours. police investigate a prison riot that killed 44 people. u.n. nuclear inspectors arrive in tehran with tensions increasing between iran and the west. welcome to "bbc world news." i'm geeta guru-murthy. also in this program -- it can't cause the disastrous floods, now the bbc discovers illegal logging continues in the philippines. and the royal seal of approval is giving british designers a boost at london fashion week. >> as eurozone ministers gather in brussels to decide go to

give the go-ahead for a new bailout of the greek economy, the french finance minister has said all elements are in place for an accord. he's said that greece has done enough to secure this second bailout package. the greek prime minister has fled to brussels for this crucial meeting. his country remains perilously close to bankruptcy and desperately needs the loan of 130 billion euros. in the last few minutes, it's been reported the greek finance minister has said although some technicals still need to be sorted out, he believes a long period of uncertainty for his country is coming to an end. even if this round of funding does go through, however, there are still fears greece will eventually have to default. public anger in athens remains very visible, as mark lowen reports from there. >> there is little left now in greece's protests. almost every day they fill athens' city center and feel

their politicians aren't listening and the european union is forcing through ever more punishing austerity. this country is sinking deeper into recession, and hopes of a way out are fading. >> austerity policies are dead-end policies. what's needed is to strengthen development, to strengthen real income, to have employment, because only that way can the recession and the crisis in our country and europe be overcome. >> in addition to everything else and making me pay, they're making me pay extra levees. i'm asking you, how can i pay when i have nothing to pay with? >> but the government is pushing on, desperate to secure the country's vital bailout money, which it hopes will be released at a eurozone finance ministers meeting in brussels later today. this is a crucial moment for greece, as it feeters towards the edge. at stake is the country's 130 billion euro bailout, which it needs by next month to avoid

bankruptcy. a 70% haircut or reduction in greece's private debt is likely with banks exchanging old bonds for new ones with a lower value. the aim is to cut the country's debt to a more sustainable level, around 120% of g.d.p. by 2020, down from 160% now. greece may be edging towards its 130 billion euro bailout, but the fear is that it won't be enough to save this country. with the recession here deeper than previously thought, yet another injection of cash might be needed to prop up this flailing economy. but for now, nobody in europe seems willing to pay. and that is the worrying prospect here, that for all the pain, it simply won't be enough. greeks are stretched perhaps to breaking point, the worst riots in years engulfing athens as parliament passed the austerity package. if all of this fails to save greece, how much more can people here take, and will europe simply feel that it's

time to cut this debt-stricken country loose? mark lowen, bbc news, athens. >> let's get more from brussels, our correspondent, steve evans, is there. steve, more statements coming out from the french foreign minister and from the greek finance minister as well. it does look as though this is going to go through. >> yeah, it does look as though it's going to go through. we've had that pretty definitive statement from the french finance minister. the german finance minister has toned down his skepticism, to all the indications are that the finance ministers, when they meet here in a couple of hours, will say yes to this tranche of the bailout money and the writing off of a good chunk of what greece owes to the banks. having said that, it's not the end of the process. we are in the land of eternal summits, the land of almost unending crisis, and that's

because we don't know what's going to happen to the world economy. if u.s. growth continues, if good chunks of europe avoid recession, for example, whether the prospects of greek revenue starts to rise or not fall so fast, rather, become greater. so, the calculation changes depending on factors outside their control. but in terms of the immediate decision, it looks like it will be a yes. >> the greek finance ministers are saying that the people are sending to europe the message they have made and will make the necessary sacrifices for their country to regain its position of equality within the european families. is that something that germany is going to agree with? >> it depends what you mean by equality. there isn't an equality between those economies, and that's the fundamental difficulty, the fundamental tension within the eurozone. the german economy is a very efficient economy.

it is nowhere -- well, it is not going to go probably into recession this year. the greek economy is it much less efficient, and that inequality will remain way into the foreseeable future. but if they mean coming back into, i don't know, the comity of the eurozone as an equal partner, as it were, then maybe they're right. >> steve, thanks very much. jamie is here with all the business. the french foreign minister, also looking at these statements that have been coming out, saying we've got all the elements, including the bankers, private investors, as well as public creditors and central banks. there's still some technicalities. >> some details beyond that, but i think we're going to get some sort of a deal, which will mean that the banks will knock down the amount of money they're going to get back from their loans to about 50%, which means that basically if you've lent greece $100, you'll get

$50 back. but the other part is it will be spread out over a longer period of time. the interest rate will be lower. so actually, your loss as a lender to greece will probably be more like 70% rather than 50%. so big losses taken. as a result of this, greece should be able to get this bailout loan, bailout money of $130 billion. now, at the end of the day, that's probably a good thing for europe. for greece, the jury is still out. really, we're not getting any signs of growth coming out of greece. nobody can actually pinpoint a date when we're going to see growth starting in greece. and at the moment, the economy seems to be contracting at 6% or so this year. it's not going to get very much better, and with these kind of austerity cuts, it will probably get worse. however, for europe, it's a different matter, because i think what this does is it solves the problem for the next year or so, and during that time -- and already this is happening.

you see the banks which have been rebuilding their balance sheet. there's no more worry about a collapse, because the e.c.b. has stepped in, pumping money into the system whenever it's required, to an infinite degree. and so, as a result of that, one fears europe's probably going to be ok. just putting it to the extreme position, but in a year or so time, if greece dwaults, people might start saying, well, fine. that's an extreme version of it, but that may be the way they go. >> but greece is suffering. jamie, thanks very much indeed. to mexico now, where at least 44 people have died in a prison riot. security officials say that members of rival drug cartels confronted each other with stones and homemade weapons. an investigation is now underway to establish if some of the prison guards colluded in the fight by unlocking the doors separating two wings of the prison. from mexico city, will grant

reports. >> once again, latin america's jails are in the spotlight for all the wrong reasons. rival gangs inside this prison in northern mexico started a fight in which dozens were killed. there is speculation that there may have been involvement by some of the guards as the two groups should normally have been kept in separate wings. again, overcrowding was a serious issue. 3,000 inmates inside a facility built for only 1,500. occupied the prison gates, desperate family members waited anxiously for news. >> we want them to listen to us. there are many family members here, and there are many more innocent prisoners inside here. we need ambulances. we want the governor to listen to us, but they are not listening. >> the authorities eventually took back control of the building by force.

but as the hours passed, the number of dead continued to rise. this is the second major prison riot in northern mexico in a month. it also comes just days after a horrific fire in a jail in honduras. in that blaze, more than 350 people were killed with many men trapped inside their cells as the fire swept through the building. there's still no official explanation as to how the fire in honduras began, with both the riots and an electrical fault having been suggested by the government. as in honduras, mexico is now looking hard at the way its prisons are run and the way its prisoners are treated. but many victims' families are very skeptical that such soul searching will ever result in real reform. will grant, bbc news, mexico city. >> south korea has conducted military drills from five islands near its disputed sea boundary with north korea.

pyongyang has threatened retaliatory action if any shells landed on waters that it claims as its own. south korea reported no immediate action by the north. the military drills ended after about two hours. experts for the international atomic energy agency have arrived in iran's capital, tehran, hoping to get officials to talk about its nuclear weapons program, something iran has always denied. over the weekend, western diplomats told journalists that iran appeared to be expanding an underground facility near the city of homs. daniel griffiths has the latest. >> heading for iran, iaea inspectors making their second journey to tehran in less than a month. looking for answers to growing international concerns about iran's nuclear program. >> we hope to have a certain date in tehran. certainly the spirit with which we are going there. important to have some concrete results after this threat, and

the highest priority remains, of course, the possible military, so iran's nuclear program. >> but it's not clear whether they'll have access to iran's nuclear facilities. two days is hardly enough time to get answers about tehran's nuclear ambitions. the visit comes amid growing tensions between iran and the west. on sunday, iran said it halted oil sales to france and britain. in retaliation for a european union ban on iranian oil, which begins in july. the e.u. and u.s. have also imposed financial sanctions on iran, and israel suggested that it might consider a military strike again iran's nuclear facilities should diplomacy and pressure fail. something that america's top soldier, general martin dempsey, has warned against. iran continues to insist that its nuclear program is peaceful.

this was president ahmadinejad last week, showing off the use of locally made nuclear fuel in a reactor. but despite iran's claims, the international pressure on the country shows no sign of easing. >> boxers fighting each other, that's what they do, isn't it? >> well, it is, generally inside the ring rather than in a hotel where there's a press conference being staged. it was very ugly and unseemly in munich after a vitali klitschko fight. klitschko won it on points. they were having a press conference afterwards. david haye arrive and had started baiting both of the boxers. dereck chisora took the bait, and from that point on, look at this, turned into a brawl. it's like a barroom brawl. both boxers will face penalties. >> quite difficult to get in the way of that. >> you'd want to get out of the way of that, because they are very big men. when they move quickly, without

that much control, you want to be out of the way. >> someone was cut. >> yes, david haye's manager sustained a cut to the head. chisora was detained by police as he was about to take a flight home. he was released without charge. they still want to talk to david haye, who is back in the u. cufment, but left germany very quickly. chisora did not cover himself with glory in the way leading up to the fight. he spat water into the face of his brother before the fight in the ring. and then this happened. so he's definitely going to be punished. he'll be fined. he might have his license revoked by the british board of boxing control. david haye doesn't have a license now because he retired. whether he would ever get one again, that's the question. but really, i know boxers are all about this, but i don't think that really did much for the sport at all. >> no, not pretty. thank very much. you're watching "bbc world news."

still to come -- how the case effect is giving british designers a boost ahead of london fashion week. at least 26 people have been killed in a bus crash in ecuador. the accident happened when a bus plunged down a ravine near the northern city of ibarra. police say at least two victims were children. more than 20 people have been injured. cause of the crash is still being investigated. a key suspect in the trial for the 2002 bali bombings has denied claims that he was trying to make contact with osama bin laden in pakistan. umar patek faces several charges, including the attacks. his trial in jakarta on six terror charges has been adjourned for the day. south africa is deploying 1,000 troops along its borders to try to stop rhino poaching. since the start of this year, over 50 south african rhinos have been killed by poachers. apparently they use heavy weapons to take on the park

rangers, and the animals' horn is used in traditional medicine in some parts of asia. it has the same ingredient as the human fingernail. as protests continue in greece, e.u. finance ministers look set to approve another multibillion euro bailout for greece. and the mexico prison riot that killed 44 people started to allow inmates to escape. an explosion rips through a polling station in the southern yemeni city of aiden, one day before the country holds presidential elections. gunfire was also heard in the city. yemen's vice president is the only candidate in tomorrow's vote after a year of protests for president saleh to end his 33-year rule. a strike by ground workers at frankfurt airport has forced the cancellation of 231

flights. the action at europe's third busiest airport is due to continue into tuesday. they're unions are increase pressure for pay raises and reduce hours. the man tipped to be the next president of china, xi jinping has wrapped up his visit to ireland before he heads to turkey. he finds new deals on trade and investment and got something of a taste for ireland. >> ireland always gives a warm welcome to its v.v.i.p. guests, but this business is particularly special. the last time mr. xi was in ireland was nine years ago. he returned as one of the most important men in the world. there's genuine delight in irish government circles that hosting china's next leader. ireland is the only european stop on the chinese vice president's itinerary, which focuses on trade and investment. ireland already does around

$10.5 billion worth of trade with china each year. both countries would like that to grow. james' farm has never had such a distinguished guest. mr. xi, an agricultural expert himself, was here to look at farming methods and found himself being introduced to a familiar sounding calf. >> we will be calling this calf after yourself. >> farms like this one are crucial to ireland's plans to significantly increase its agricultural exports in the coming years. china is a vast potential market with over a billion mouths to feed. mr. xi, it seems, was keen to study the irish experience. >> the man was very interested. no doubt about it, he has a huge interest in agriculture, very much into finding about the quality standards that are in ireland and why this is the

production of food. >> the stress has been on the mutual benefits of closer cooperation between the two countries. mr. xi stopped off at the cliffs, one of the country's most stunning natural landmarks. showcasing ireland with chinese audiences, a welcome spinoff of this visit. mr. xi's irish trip will be shown on television screens all over china, making tourists, as well as investors, it's hoped, aware of what ireland has to offer. ruth mcdonald, bbc news, dublin. >> it's now two months since the devastating floods that hit the southern philippines, killing more than 1,000 people and leaving many more homeless. officials admit that deforest asian was the cause of much of the construction, and the government says it renewed efforts to prevent any more trees being cut down. but the bbc has seen evidence that logging is still continuing. kate mcgeown reports from one of the worst affected areas.

>> the logs that destroyed this city are now being used to rebuild it. two months after torrential rains brought devastation to this part of the philippines, there's a growing realization that it wasn't the water, but the logs it brought with it. it was the disaster's biggest killer. >> maybe those who penished would be reduced by more than a half. so if we had something like 750 people who died, maybe half of those lives were caused by the logs. >> in total, more than 1,000 people died when the tropical storm hit in december. cut trees mashed into people's homes. the president has banned all logging in the philippines, but it depends on where you live as to how strictly it's enforced. down here, which bore the brunt

of the destruction of the floods, it's now almost impossible to get a permit to log. but upstream, where most of the logs came from, it's much easier. with an armed escort, we traveled up river into the mountains. rebel groups operate here, and central government's ability to enforce the law is weak. but a local saw mill, villages spoke openly about their dependence on illegal logging. this woman says she sees big companies logging any. what her community is doing is only scale. he says he's got to support his family. he's got no other choice but to keep cutting down trees. and so the logging continues. this consignment was only caught because a vehicle was involved in a traffic accident. inside, mahogany worth nearly

$10,000. the police say that they're doing their best, but campaigners say that's still not good enough. >> we know in the philippines we have very good policies, but they would always say we have very good policies, but the problem is the implementation. >> those who lost their homes in the floods now live in temporary camps. for them, life changed overnight. stopping the loggers is going to take much longer. kate mcgeown, bbc news, in the southern philippines. >> now have an excuse to show you rather cute pictures, about the the australian government has been urged to add one of the country's most recognizable animals, the koala, to its list of threatened species. conservationists say the koala population is falling because of disease, climate change, and because their habitat has been taken away for new homes and roads. they think that there are about 100,000 koalas left in the

world in australia. now, the fashion industry is worth more than $30 billion to the u.k. economy, and this week, all the experts are in town for london fashion week. at a time when things are looking up for the sector, sales are up 2% in january, designs say the best boost for the industry has been the duchess of cambridge. fashion fit for a princess, or at least a duchess. this is british designer's latest collection. it's become one of london fashion week's biggest shows, not least because of who wears the brand. both the duchess of cambridge and her sister have worn this designer on public occasions, but the whole of british retail is blooming from the so-called kate effect. in the hours after she wears either high street or a british designer, internet searches and sales spike by as much as 500%. >> she's done wonders, and she's looked fantastic. she's a really lovely girl. she's supporting british fashion by wearing just british fashion, which is brilliant.

and i think she's a really fantastic ambassador, and she's breathed a new life back into the royal family. she's fantastic. >> in just a decade, alice templey's business has grown to sell in 37 countries. with a workshop in london and grounding itself as quintessentially british, labels like this have never been more in vogue. the first-ever study by the british fashion council estimated the chicago was worth 21 billion pounds to the u.k. economy t. provided just over 800,000 jobs and was responsible for 1.7% of u.k. gross domestic product g.d.p. that's more than the car manufacturing industry. >> i think there's a lot going on for britain this year. there is kate middleton, downton abbey, a romance, and there's the olympics. so it's sort of the perfect storm for the brand, and the made in britain brand actually has a lot of cache globally. >> it's not just templey which

is benefiting. these are the on the part of you're lent surroundings of this brand like this one are eyeing front-row seats into worldwide expansion. by 2015, asia will account for 20% of all luxury goods sales. london is finally making business sense too. >> i think what we've really managed to do in the fashion capital in recent years, in recent seasons, is really prove to the world that we have an amazing wealth of creative talent who can also be commercially viable. >> because of this, this year designers like stella mccartney return to london for the first time in a decade to show. the challenge will be to keep her her. emma jones, bbc news. >> more on all our news at the website, bbc.com/news. the latest on greece, looks like it will get the bailout by

the end of today. i'm geeta guru-murthy. thanks for watching. >> make sense of international news at bbc.com/news. >> funding was made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. >> at union bank, our relationship managers work hard to understand the industry you operate in, working to nurture new ventures, and help provide capital for key strategic decisions. we offer expertise and tailored solutions in a wide range of industries.

what can we do for you? >> bbc world news was presented by kcet los angeles.