knew we were of a greece that's how the government sells today's bailout exit but eight years of austerity hurts and it's not over yet. and when inflation goes into hyperspeed just knock a few zeros off the currency that's the venezuelan solution. i've been fizzling but still business greece's bailouts are over but there's a lot of money to pay back and the austerity continues taxes squeezing the great many of them have never paid anything and unemployment remains stubbornly high. finally no more aid packages and no more funding requirements but the last eight years have been tough for greece and brought drastic cost cutting measures many greeks lost their jobs and their homes income is fallen by a third on average the taxes however remained high for most people it will be a long time before the situation improves and some people don't even believe it's possible like this silversmith but i still think i am personally for me in the coming years i don't see any hope everything looks bleak to me. because he sees the middle of the greek crisis brought down me and thousands of people in my posi

able to tap into money on financial markets for the first time in eight years it follows years of austerity that led to widespread anger as the country tried to cut its debts we'll go live to athens. i'm sara kelly welcome to the program dozens of elderly south koreans are in north korea for a long awaited reunion with family members. and these are just the first of emotional scenes that we are witnessing the first for unions in three years they bring together families who were divided after the korean war in the one nine hundred fifty s. some haven't seen their relatives since the end of that calm. clicked the unions more agreed to by the two korean leaders of a historic summit in april part of a recent thaw in relations between the two countries the south koreans were chosen by lottery the oldest of them is one hundred and one these brief meetings are likely to last. are likely the last rather excuse me and only time that many will see each other. let's cross over now to josh smith he is a reuters correspondent in the south korean capital in seoul and josh i mean we just saw those scenes

they can let me go joins me now after years of crushing austerity rees is finally out of the woods yet at least there's one big milestone there. that is that the country in just the last three bailout programs today for the past eight here athens have a dependent on aid from the european you again the european central bank and the international monetary fund the loans given to greece amounted to two hundred sixty billion euros and in return greece has to implement painful austerity measures reforms that as of today greece will manage without international financial aid. finally no more aid packages and no more funding requirements but the last eight years have been tough for greece and brought drastic cost cutting measures many greeks lost their jobs and their homes income has fallen by a third on average the taxes however remain tie for most people it will be a long time before the situation improves and some people don't even believe it's possible like this silversmith. personally for me in the coming years i don't see any hope everything looks bleak to me. because the middle of the

to greece amounted to two hundred sixty billion euros in return greece had to implement painful austerity measures and reforms and now the time has come for greece to finance itself independently on the capital markets again but how realistic is that. finally back on their feet financially no more cash injections or bailout funds that's the greek government goal after all the economy has been growing since last year mainly due to greek exports big gaining ground last year greece exported goods worth twenty eight point nine billion euros exports have risen by thirty five and a half percent since two thousand and ten but the lion's share is in refined petroleum products a worrying concentration experts say greece itself has no domestic oil reserves it only process is imports and then exports them small businesses are also important to the greek economy but they hardly make any money many banks are still sitting on bad loans and investors still don't trust the upswing they're also shying away from greece's high taxes and labor costs are well below the e.u. average wages and taxes have risen

suffered through economic austerity now the country needs to start its recovery. and for more on this major milestone for greece today let's rope in our correspondents and he cassava in athens and in brussels good to have both of you on the show i would like to start with you anti because obviously big day for greece today question is are people there in the mood to celebrate the end of the bailout program well as you said it is a momentous moment here for greece but there is no one here celebrating because there is continued hardship in store for these people. and this because while the numbers have started to look good while the macro indicators are looking much better for this economy it still remains weak and this in these in this upbeat in this improvement has yet to trickle down to the really come to me and to the purses of the greek people and this unless the unless investments kick in and jobs are created this misery will continue to linger on don't forget we're dealing here with exhausting years of austerity that shrunk incomes by thirty percent one in th

wards were solid and they were really very fragile and yes at some moments we were too tough on austerity we finally i think found the right balance precise meaning. well let let let let's say that we could have balance better or saudi very t. an effort but well all in all i'm convinced that we made the right decisions and that it was the right track for greece to reform and for us to agree through a program which represents two hundred and seventy three billion euros which proves that we were alongside the greek people and some people say italy is going to be the next release. they have a huge mountain of debt do you feel like the new italian government is up to the task to prevent anything like happen in greece from happening in italy the station is of course very different founding member a few are also there in the eurozone from the start that doesn't make them immune to all the problems it's just third largest country in the eurozone and the sort of largest g.d.p. new zone it's a very creative economy and the debt. people are for quite a lot but still we need to be very careful about

the great prime minister has declared an end to an age of austerity as the country exits the biggest international bailout in history alexis tsipras the hardship of recent years and said past mistakes will not be repeated chris avoided bankruptcy for the last eight years through three hundred billion dollars in loans from the i.m.f. that is in the european union and return it impose punishing austerity measures aimed at balancing its budget he must above. that carried with them austerity and recession and turned our country into a social desert over our country's regaining its right to define its own fortunes and its future like a normal european country without being compelled to do things from abroad with no more blackmail no more sacrifices for our people. more from athens. the prime minister signals the beginning of a new age for greece one in which greece will become a normal european country again able to choose its fate to determine its economic policy free from the external coercion of other countries and memoranda understanding this is very much within the seed is a narrativ

the price was austerity, with daily protests after as austerity hit, despair turned to rage.ning battles consumed central athens. greece was collapsing and risked taking the eurozone with it. a huge burst of tear gas has just come to this place where i am broadcasting from. i covered the story as the athens correspondent and have come back as greece finishes its bailout. in today's calm and tourist—filled syntagma square, the endless days i spent here amongst the chaos of the protest seem almost like a distant memory. greece is clearly rebuilding, but the problems are still here. unemployment is at 20%, down from a high of 28%. austerity has pushed one in five below the poverty line. the economy has shrunk by a quarter. greece may be coming off life—support, but it is still far from real recovery. the once comfortable depend on food handouts after losing jobs and homes. livelihoods suddenly destroyed in 21st century europe. translation: i don't see the crisis coming to an end. we are stressed and angry because we do not have jobs. i am embarrassed that i cannot buy presents f

the price was austerity, with daily protests after pensions and salaries were slashed.espair turned to rage. running battles consumed central athens. greece was collapsing and risked taking the eurozone with it. a huge burst of teargas has just come to this place where i am broadcasting from. i covered the story continuously as the athens correspondent. now, eight years on, as greece finishes its bailout, i have come back. in today's calm and tourist—filled syntagma square, the endless days i spent here amongst the chaos of the protest seem almost like a distant memory. greece is clearly rebuilding but the problems are still here. unemployment is at 20%, down from a high of 28%. austerity has pushed one in five below the poverty line. the economy has shrunk by one quarter. greece may be coming off life—support but it is still far from real recovery. the government says it was forced to accept austerity, or banks would have sunk and greece would have left the euro. now it senses optimism despite the pain of many here. we fully understand what they have and you would over

she must above the musk's in medicine that carried with them austerity and recession and turned our country into a social desert are over our country's regaining its right to define its own fortunes and its future like a normal european country without being compelled to do things from abroad with no more blackmail no more sacrifices for our peoples. more from athens. the prime minister signaled the beginning of a new age for greece one in which greece will become a normal european country again able to choose its fate to determine its economic policy free from the external coercion of other countries and member and understand this is very much within the c.d.'s the narrative that this left wing government was elected to rid the country over. all stare at the policies imposed from without due to the policies of previous administrations and admitting no blame itself in prolonging or causing any further problems in the course of the greek economy the opposition conservatives have a very different narrative they believe but see it is this election itself spooks the markets prolonged gr

able to tap into money on financial markets for the first time in eight years it follows years of austerity that led to widespread anger as the country tried to cut its that. i'm sorry kelly welcome to the program brazil has announced that it will send troops and extra policemen to a border town which saw clashes between then a swollen migrants and the local population the incident over the weekend has highlighted the growing migration crisis of venezuelans fleeing the economic and political turmoil in their country other south american nations are struggling to. cope with the venezuelan exodus across the continent and our next report starts out in aqua door where migration numbers have increased dramatically pushing authorities to tighten border controls. it was hoped that drove great saudis to quatre to sell her home and leave her children behind in venezuela. hope that she would soon be reunited with her husband in peru and send for her children. but huddled with hundreds of other venezuelans hope is starting to fade you know today i arrived and i have no hope whatsoever of continuing. i

newly elected pakistan prime minister imran khan has announced that the government will begin an austerity drive to tackle the country's debt in his maiden t.v. speech after becoming prime minister khan also promised to introduce an islamic welfare system to resist poverty. millions of muslims have begun the annual hodge pilgrimage to mecca in saudi arabia over the next few days pilgrims will perform a number of rituals including climbing mount arafat and the symbolic stoning of the devil the hodges one of the world's biggest gatherings. and dozens of elderly south koreans are heading to where unions with family members in north korea as part of a recent thaw in relations between the two countries across border meetings are the first in pretty years they bring together families divided by the korean war. well least a dozen people have been killed in the indonesian islands of lombok and so after a fresh series of earthquakes rocked the region a six point nine magnitude quake off the coast of the north east was one of several powerful tremors a triggered landslides damage to buildings and sp

it was deeply austere and for bidding in the foreground. a small classical chapel has been added beside an ancient church. for everyone else, the chimneys showing industry and profit. it is the cathedral spires which dominate. god and community hold the upper hand, not commoners. if building in the classical style then 18th century could have something of a political dimension, and its associations with the powerful wig nobility, in the 19th century, perhaps in revulsion against the technological advances of the industrial revolution, we see a powerful change in dimension. as we have seen, these ideas soon found their way into design and decorative arts. in fact, he made a distinction between architecture and --. his ideas -- john ruskin had any theories of arts which still inform education today. based on the primacy of naturalness and godliness. ornament was seen as an aid to contemplate divine nature. he was encapsulated in his belief that the greatest thing a human being ever does in this world is to see something and tell what it sough

of austerity was you needed to bring them under control. spending pressures, like in the prison and health service, they will mount and people will question austerity measures like the freeze on benefits which are not going up at all with inflation. thank you. 0xfam has been left tens of millions of pounds by british businessman richard cousins, who was killed along with members of his family in a plane crash in australia last new year's eve. it's thought to be the biggest single donation to the charity. 0xfam has been struggling to recover from a sex abuse scandal, which led to a significant reduction in public donations this year. this summer, 0xfam announced it had to make cuts of £16 million. richard galpin has the story. a tragedy last new year's eve near sydney. a seaplane taking british tourists on a sightseeing tour of the area had crashed into a river killing everyone on board. the businessman richard cousins was head of one of the world's largest catering companies. with him in the plane were his two sons, edward and william, and

as austerity hit, despair turned to rage, running battles consumed central athens.re i'm broadcasting from... i covered the story as the athens correspondent, and have come back as greece finishes its bailouts. the endless days i spent here among the chaos of the protests seem almost like a distant memory. greece is clearly rebuilding but the problems are still here. unemployment is at 20%, down from a high of 28%. austerity has pushed one in five below the poverty line. the economy has shrunk by a quarter. greece may be coming off life support, but it is still far from real recovery. and out of sight for those still suffering, the once comfortable depend on food hand—outs after losing jobs and homes. livelihoods suddenly destroyed in 21st—century europe. translation: i don't see the crisis coming to an end. we are stressed and angry because we don't have jobs. i am embarrassed that i cannot buy my little grandchildren a present. we just want to live comfortably in our own homes so we can look our children in the eyes. it's the young fuelling a sense of recovery thr

and the european union in return it was forced to impose punishing austerity measures to balance its budget johnson has the latest from athens. the prime minister signal to the beginning of a new age for greece one in which greece will become a normal european country again able to choose its fate to determine its economic policy free from the external coercion of other countries and memorandum of understanding this is very much within the seed is a narrative that this left wing government was elected to rid the country of austerity policies imposed from without due to the policies of previous administrations and admitting no blame itself in prolonging or causing any further problems in the course of the greek economy the opposition conservatives have a very different narrative they believe that sees us election itself spooked the markets prolonged greece's period in the wilderness unable to borrow from the private sector and therefore remaining dependent on the third handout from its heroes and partners those two narratives are likely to persist as greece heads into an election year

and a new era for greece that's how the government is selling its bailout exit in eight years of austerity hurts and it's not over yet. face is your business update on how at home free in berlin good to have you with us the venezuelan government's radical new plan to combat spiraling hyper inflation has left businesses and consumers confused and anxious caracas is issuing new bank notes off to slashing five zeroes off the been a good ball of our brochures like these explain how the new system is supposed to work but uncertainty over how goods will be priced is pushed many very venezuelans to stock up ahead of time the government was to announce a massive minimum wage hike unlikely to be affordable for many businesses already struggling this would be drastic policy changes are likely to wason venezuela's economic problems. this cafe in the venezuelan capital caracas doesn't accept cash neither does this bar what they do take is cryptocurrency says it's a response to the country's out of control inflation which has left ordinary venezuelans in a desperate situation a lot of the newer that mo

is being spent on austerity.hat was absolute need for him. the italian economy is not in good shape. the bonds have gone up, levels up for three years. this really is a terrible call. it is the main thoroughfare between france and italy, so the connotations going forward for presumably some months, properly a couple of years, a very serious. it is a relatively small point at a time like this, but the italian motorways, they would be first motorways, weren't they? this was a source of huge national pride at the time. absolutely. this is the late 19505, as you say, there were the pioneers. it demonstrates the need that these things have to be checked, because of the huge traffic passing. we will carry on fixing them in the news as well. the daily telegraph, that ex—tory, it's understanding about the terror suspect at westminster yesterday, crashed into the safety barriers. we have seen the pictures of narrowly missing two policeman, is under arrest, is not cooperating, but the telegraph's view is that he was there

cpi is an austerity measure.orkers. that is the plan. by taking out things like your mortgage and the rail fares currently there. you can't pay your bills. you can't pay your gas bills. you can't say you're not going to pay the rpi. use a cpi is an austerity measure but it's actually the measure that is used from most other public sector pay rises. in general, average earnings have gone up by 2.7%. average earnings are trailing inflation, they are even trailing cpi. we can't have a race to the bottom. we aren't responsible for the financial crisis. we are not responsible for the mess that is a privatised railway system where hundreds of millions of pounds are extracted every year and put in the pockets of shareholders and the absolute parasites like richard branson, who pay no tax off the back of it. why should workers suffer when these people refuse to pay their taxes? the rail delivery group says eve ryo ne the rail delivery group says everyone panca ked the rail delivery group says everyone pancaked in fares,

austerity austerity this is killing mark a play about growing up on a housing estate penned in by poverty a place where addiction and depression are rife is a neglected narrative one that's found a stage at the edinburgh festival but the writer of the play questions whether the festival this truly accessible to those whose lives she's depicting. we need to encourage more working class a more an underclass people into the theaters and that's really tough because obviously. again money dictates access to these things that last year ticket revenues exceeded five and a half million dollars every year the events are a feeding frenzy for local businesses the hotels the restaurants and shops it sometimes but their prices up just for the month of august and then the burbs themselves well they're often powered by an army of volunteers all low paid workers after all the show must go on beyond the fringe of real life continues this is my house the city suburb still reeling after the recent murder of a local woman edinburgh has some of the poorest communities in scotland we don't see any of the trend

a twenty nine year old in leicestershire is in the middle so deb recalls of the ngo inquest that austerity the factory to bail out the city of london is a contributory factor to these sorts of deaths mental health service cuts obviously denying that this in any way absolves. policemen and women of judy of care is that one element in this larger case that you say of our training or i think it is austerity is it brings us into the how we manage those poor souls who are mentally unwell and they're in need of specialist care specialist help for many many years currently and in my time in the service. the responsibility for managing mentally unwell people were forced in the police well the police are highly trained but they're not trained to the depth and breath of specialist care that is required to to look after these. the. these unwell people it is unfair to the unwell people it is unfair to foist that responsibility onto the police service. and if we were jeev inspector robson after the twenty eight crash for a number of years did you see it on the front lines i think it was it has got prog

austerity austerity this is killing work a play about growing up in a housing estate penned in by poverty a place where addiction and depression are rife is a neglected narrative one that's found a stage at the edinburgh festival but the writer of the play questions whether the festival this truly accessible to those whose lives she's depicting we need to encourage more working class a more underclass people into the theaters and that's really tough because obviously. again money dictates access to these things that last year ticket revenues exceeded five and a half million dollars every year the events are a feeding frenzy for local businesses the hotels the restaurants and shops it sometimes with their prices up just for the month of august and then the events themselves well they're often powered by an army of volunteers all low paid workers after all the show must go on beyond the fringe of real life continues this is my house the city suburb still reeling after the recent murder of a local woman edinburgh has some of the poorest communities in scotland we don't see any of the trend w

there were four thousand branches now it's down to two thousand i think you can see a lot of the austerity measures have taken place in terms of making the banking sector leaner and meaner and i think that's what the country needed there actually is projected to be a two percent growth of g.d.p. growth which is actually similar to germany's obviously a completely as a percentage so much smaller in terms of contribution to the european economy but i think that's good it shows that it's strong my concerns though are about what has happened during this crisis i mean about one hundred fifty thousand of their best and brightest have left there has been a brain drain and i think that's what's going to affect the economy in the future doctors lawyers accountants of all left in droves and going to other countries both in the e.u. to the nordic countries to the u.s. canada and china and i think that's a great pity and that's going to be a problem in the future rebuilding hillary get an excuse same question that i asked peter about the sectors which sectors of the greek economy were doing ok maybe w

you mentioned austerity, what does it mean for austerity and may be loosening purse strings on public9. labour introduced austerity and debts and deficits we re austerity and debts and deficits were out of control and had to be cut. the justification for all the cuts in the public sector and for stringent measures like freezing benefits, which according to the joseph rowntree foundation is set to throw half a million people into poverty. it encourages those who say, maybe austerity should come to an end now. however you have to put qualifications on that. this is the latest numbers and they can go in the other direction and the public finances depend very much on economic growth and if the economy grows faster they can get more taxing but at the moment it is just growing 1.3%. taxing but at the moment it is just growing 1.396. thank you. the troubled charity oxfam has been given a massive financial boost. it‘s been left more than a0 million pounds by a british businessman richard cousins — who was killed along with members of his family in a plane crash in australia last new year‘s ev

as greece emerges from years of bailout smear look at how austerity has affected the nation. we're used to be one of the richest countries in the world but now all rich venezuela is suffering from runaway inflation and its national currency has become almost useless president nicolas maduro is blaming all of this on what he says is an economic war against his country term or seeing millions flee even as well as economic hardships for neighboring countries. the international monetary fund predicts inflation will continue to rise by up to one million percent this year to put that into perspective venezuelans are now paying about two million dollars for a cup of coffee in order to tackle the problem the government has introduced a new currency the sovereign bolivia which will remove five zero from banknotes it's linked to a crypto currency called the petro that's pegged to the price of oil and the government is also raising the minimum wage by three thousand percent and faced with a squeeze on the country's cash reserves president maduro wants venezuelans to pay more for what is

they say food banks are an absolute scandal, an example of austerity britain today.ll, because it feeds the narrative that austerity and government cuts are literally leaving people without enough food. there are alternative views, and other ways of looking at this story. some people on the right would argue that food banks are in fact civil society stepping in because the state has stepped back, and that is what david cameron's big society is all about. that people should be sanctioned if they are not complying withjob search sanctioned if they are not complying with job search requirements sanctioned if they are not complying withjob search requirements so sanctioned if they are not complying with job search requirements so that they are destitute for a few weeks, because that will teach them a lesson. that is not a view that i share. ina lesson. that is not a view that i share. in a way i think this is good policymaking, not around food banks, but the government is commissioning some research because there is a lot of sound and fury about this, and it is certainly

lots of tough austerity measures.ing this milestone. no, but it does make a difference if the bailout is over, 01’ difference if the bailout is over, or the period of the bailout is over but the conditions are still there. we will see in 2019, pensions will be cut again and more tax increases. the austerity hasn't really finished. it will go on for quite some time. because the way in which the debt has been restructured to make it sustainable or little bit more sustainable than it otherwise would be is by extending maturities, lowering interest rates and having some interest rate periods where you don't actually pay any of this. so you have a holiday from paying interest. which is very helpful. but to get that agreement, greece has had to agree itself to be very tough on its own budget. so they will need to produce surpluses on the primary balance, in other words, surpluses on the bands which does not include debt repayments. that's pretty tough. —— on the balance is which. in order to achieve that, they are going to

as austerity hit, despair turned to rage, running battles consumed central athens.he eurozone with it. archive: a huge bout of tear gas has just come up to this place where i'm broadcasting from... i covered the story as the athens correspondent, and have come back as greece finishes its bailouts. the endless days i spent here among the chaos of the protests seem almost like a distant memory. greece is clearly rebuilding but the problems are still here. unemployment is at 20%, down from a high of 28%. austerity has pushed one in five below the poverty line. the economy has shrunk by a quarter. greece may be coming off life support, but it is still far from real recovery. and out of sight for those still suffering, the once comfortable depend on food hand—outs after losing jobs and homes. livelihoods suddenly destroyed in 21st—century europe. translation: i don't see the crisis coming to an end. we are stressed and angry because we don't have jobs. i am embarrassed that i cannot buy my little grandchildren a present. we just want to live comfortably in our own homes

the greek prime minister elected to suppress has officially declared an end to an era austerity as the nation exits the biggest international bailout in history since two thousand and ten greece only avoided bankruptcy through three hundred billion dollars in loans from the international monetary fund and the european union in return for punishing austerity policies joints replaced looks at the effect of the past eight years on some of the nation's youth prime minister alexis to protest may have been trying to custom self in the role of a hero when he chose to send a message to the greeks that their economic odyssey is over this is the island home is here a to see is finally returned home to after twenty years of war and adventure. in listening this seem better today a new day has dawned for our country historic day the bailouts of austerity recession and a social desert are finally over our country began to the right to shape its own future and fortunes like any normal european country without external duress blackmail or sacrifices by our people for this group of young people the new

the greek prime minister has officially declared an end to an era of austerity as a nation exit exits the biggest international bailout in history. to process the greece says greece called it a day of liberation and insisted that pos mistakes will not be repeated since twenty ten voided bankruptcy through three hundred billion dollars in loans from the international monetary fund and the european union and return it had to impose punishing austerity measures to balance its budget. she must above the law must see medicine like in the bailouts that carried with them austerity and recession and turned their country into a social desert over our country's regaining its right to define its own fortunes and its future like a normal european country without being compelled to do things from abroad with no more blackmail no more sacrifices for our people. a man suspected of being a former nazi concentration camp guard has been deported from the united states to germany the does justice department says the poly served at a camp in nazi occupied poland during world war two polly lied about his

from harvard still ahead on al-jazeera no more austerity bruce's prime minister announcers what's next also. from brisk listen. to the one trying to those of southeast asia. hello there we've had quite a few showers over parts of italy recently and they've been very very heavy you can see them here over the southern half also affecting us in sicily and they have been pretty violent as lots of heavy downpours they've melted away just over the past few hours but i think as the day gets going today and the heat rises once more it looks like we'll see a couple more popping up but also be across the southeastern parts of europe stretching across the outs and of course the peyronie's as well and it's all because it's just a role the warm here at the moment the change is happening to the northwestern parts we've got our cold front moving in that's turning things a lot cooler than they have been i think for london on thursday will still get to around twenty two degrees but after that i think the temperatures will drop off a bit further for the other side of the mediterranean plenty of sunshine

and the european union in return it imposes punishing austerity measures which are aimed at balancing the budget. some medicine to be allowed that carried with them austerity and recession and turn their country into a social desert are over our country's regaining its right to define its own fortunes and its future like a normal european country without being compelled to do things from abroad with no more blackmail no more sacrifices for our people more now from our correspondent in athens jones or office. the prime minister signals the beginning of a new age for greece one in which greece will become a normal european country again able to choose its fate to determine its economic policy free from the external coercion of other countries and memorandum of understanding this is very much within the seed is a narrative that this left wing government was elected to rid the country of austerity policies imposed from without due to the policies of previous administrations and admitting no blame itself in prolonging or causing any further problems in the course of the greek economy the o

as austerity hit, despair turned to rage, running battles consumed central athens.ng from... i covered the story as the athens correspondent, and have come back as greece finishes its bailouts. the endless days i spent here among the chaos of the protests seem almost like a distant memory. greece is clearly rebuilding, but the problems are still here. unemployment is at 20%, down from a high of 28%. austerity has pushed one in five below the poverty line. the economy has shrunk by a quarter. greece may be coming off life support, but it is still far from real recovery. and out of sight for those still suffering, the once comfortable depend on food hand—outs after losing jobs and homes. livelihoods suddenly destroyed in 21st—century europe. translation: i don't see the crisis coming to an end. we are stressed and angry because we don't have jobs. i'm embarrassed that i cannot buy my little grandchildren a present. we just want to live comfortably in our own homes so we can look our children in the eyes. it's the young fuelling a sense of recovery through start—ups, l

there are questions about austerity policies about freezing benefits. into the incomes of some of the poorest people in society. if the public finances are getting bought manageable, some people will be asking why that still needs to happen. how consistently does it need to happen for it to be clear that it need to happen for it to be clear thatitis need to happen for it to be clear that it is actually an upward trajectory rather than just a monthly statistical... 7 trajectory rather than just a monthly statistical. . . ? we at used to statistical blips and we get... a very valid question. the proportion of debt has been falling. although betty still climbing, the economy is growing faster than the debt. in economic terms it is actually becoming more manageable, not less. that... if that continues to come down and we continue to seek the deficit, the overspend also not growing, that will be a sign to the chancellor that he can loosen the purse strings and it is up to him how he does that. he may choose a tax could then lifting the innovator fees. he may

it follows years of crushing austerity as the country tried to cut its debts. i'm brent goff. it is good to have you with us. we begin in venezuela, a country in the grip of an economic meltdown. it's citizens try to flee the chaos. venezuela's numbers are rushing to close borders. in the hope of restoring some stability, president nicolas maduro has launched a new currency. five zeros have been knocked off the beleaguered role currency as hyperinflation heads for 1,000,000% a year. what is this doing to the money people have in their pockets? look at this, this pile of old bolivar's. today, this would buy you only one chicken. likewise, this is how much a few tomatoes currently cost. in venezuela, that is changing by the hour. and it costs this much paper money to buy just one role of toilet paper, people say, why bother? venezuelans are fleeing the economic crisis in droves, but neighboring countries -- colombia, ecuador, peru, and chile -- are not opening their doors. a state in brazil has asked its supreme court halt the entry of migrants. reporter: eileen aguilar has been

as austerity hit, despair turned to rage. greece was collapsing and risked taking the eurozone with it. this once-famous tile producer was an iconic h bankruptcy, greece crashed. but from an economic wasteland, the country is slowly building itself backp. humce ibeginning to again. after the factory closed, the workers took over part of it,gr now producing eener products, soap and cleaning liquid. starting again bottom-up -- a metaphor for greece's economy. hit -- whenptcy edge of a cliff, you either fall off for you grip it and hold on. we suggle not just for ourselves but for oer countries. it saved our minds and a lives. mark: this country is overcome so much adversity in its long history. e greek spirit is rising again, helped by record tourist numbers. yleneath the idyllic -- the idc scenes like ones that will take long to heal. but a ray of hope is beginning to flickr here. rajini: now let's take a look ar news from elsein the world. venezuelans are getting new bank notes today as inflation is predicted toise to 1,000,0

brian cox thank you thank you after the break could there be a link between the bank bailout caused austerity and the death rates for those in english police custody we speak of all the met police chief inspector and great uncle of a russian child died at the hands of police last summer well this is more coming up but they're going underground. first. of all those. georgia shows don't google so diageo on the list first thanks. to my. choice. to tell you. that. the school you. ate today detail rarely do most bridget does. something she was the she knew. well. was not. a neutral one of us will be. for me that's the truth of. the weirdos but it's a rhythm to go with they were enough for us to get george going that one of the most of those in the us to whom i mean for the. most remote wonderful smile at. church secret indeed catholic priests accused of sexually abusing children can get away with it literally i like to call this the do graphic solution so what the bishop needs to do then he finds out that the priest is is a perpetrator is simply moves him to a different spot were the previous stan

i think it's far too simplistic to blame austerity for these changes in our longevity.more widely. we have to look at the way we live our lives, our lifestyles, the way we have become more obese as a society, the way we eat unhealthy food. we also need to look at wider issues like our housing, our public health, our immunisation. the department of health and social care covering england said action was being taken — for example, a diabetes prevention plan and obesity strategy. but public health officials have been asked to carry out a review, looking for explanations of the changing trends. hugh pym, bbc news. a murder inquiry has begun following the death of a seven—year—old boy in a house fire in south—east london. joel urhie was found dead after the blaze in deptford. his mother and sister escaped by jumping out of a first floor window. theresa may has been challenged to set out a "plan b" for brexit by the scottish government. she's been meeting scotland's first minister, nicola sturgeon, who said their talks had failed to ease concerns that the uk could leave the e

as austerity kit, despair turned to rage, running battles consumed central athens.t. this once famous tile producer was an iconic ba n kru ptcy tile producer was an iconic bankruptcy as greece crashed. but from an economic wasteland, the country is slowly building itself back up. greece is beginning to hum again. after the factory closed, the workers took over part of it, now producing greener products. soap and cleaning liquid. starting again bottom up, a metaphorfor greece's recovery. translation: when ba n kru ptcy recovery. translation: when bankruptcy hit, we contemplated suicide a lot. when you reach the edge of a cliff, you eitherfall off 01’ edge of a cliff, you eitherfall off orgrip itand edge of a cliff, you eitherfall off or grip it and hold on. soap we said no, we struggled, notjust for ourselves but to see this model copied in otherfactories. this saved our lives and our minds. this country has overcome so much adversity in its long history. the greek spirit is rising again, helped by record tourist numbers. beneath the eagerly seen light wounds that wi

it's far too simplistic to blame austerities for these changes.idely, we have to look at our lifestyle, the way we become more obese, the way we eat unhealthy food, we need to look at housing, public health, immunisation. the department of health and social ca re the department of health and social care said that action was being taken, for example a diabetes prevention plan and an obesity strategy. that public officials have been asked to carry out a review, looking for explanations to these changing trends. a seven—year—old boy has died in a house fire in south east london, which police are now treating as murder. the body ofjoel urhie was found after the blaze in deptford in the early hours this morning. his mother and sister escaped byjumping out of a first floor window, and are being treated in hospital. jenny kumah reports. the charred remains of a family home which was engulfed by flames in the early hours of the morning. it took the life of seven—year—old joel urhie. his family say he dreamed of becoming a fireman. today, investigators are

there were four thousand branches now it's down to two thousand i think you can see a lot of the austerity measures have taken place in terms of making the banking sector leaner and meaner and i think that's what the country needed there actually is projected to be a two percent growth of g.d.p. growth which is actually similar to germany's obviously a completely as a percentage so much smaller in terms of contribution to the european economy but i think that's good it shows that it's strong my concerns though are about what has happened during this crisis i mean about one hundred fifty thousand of their best and brightest have left there has been a brain drain and i think that's what's going to affect the economy in the future doctors lawyers accountants of all left in droves and on to other countries both in the e.u. to the nordic countries to the us canada and china and i think that's a great pity and that's going to be a problem in the future rebuilding hillary get an excuse same question that i asked peter about the sectors which sectors of the greek economy were doing ok which ones n

it's far too simplistic to blame austerities for these changes.to look at our life style, widely, we have to look at our lifestyle, the way we become more babies, the way we eat unhealthy food —— become more obese. we need to look at housing, public health, immunisation. there are different views on what's happening with life expectancy, but most would agree a deeper debate is needed on why the uk seems to be running against the tide. there's a warning from the rnli this summer, aimed at young men enjoying themselves at the beach. ten times more men died on the uk coast than women last year, with many described as "risk takers", who end up getting into difficulty on the water. the rnli says young men need to be more safety conscious. jon kayjoins us now live from newquay. we are surrounded by the sea but it seems many of us don't understand the dangers and don't know enough about what we can do to protect ourselves. the figures tonight are startling. last year in uk waters, 109 people drowned and 99 of them we re 109 people drowned and 99 of them

peaking in twenty fifteen when brussels demanded greater austerity measures to deal with the debt mountain most greeks at the time voted against further restrictions in a referendum yet the government still implemented and it meant the e.u. unlocked another eighty six billion euro in aid the bailouts triggered countless protests over the years. i. was. in return that it wouldn't be. drastic reduction of the debt to make it sustainable in two thousand and ten it wouldn't require a lot of restructuring in order to make the deck sustainable but at that time neither europe nor the united states or the world economy was ready to deal with their debts effectively and that's why people view it with some relief in the sense that they were not. be under the same strength of the world as they were in the past eight years on the other hand greece will still have to continue with an austerity regime which is going to make life difficult for the majority of greeks and that's the latest now to news or so far this month i think so watching it kevin on here in moscow but with the next updates in thirty fi