the officials from wto countries gathered in bali indonesia to start a new round of tom's tuesday. this may be the last chance for vt debbie teal trade deal has taken twelve hits. the one hundred and fifty nine to the teal numbers are close to a slimmed down deal but critics say it says there is no finished document for the bali summit to sign that you see an agreement at the four day conference would be unprecedented. since it usually happens that debbie teal ministerial summits the number of tweets and oman time that no trade deals are being worked on increasingly there is doubt about the relevance of the world trade organization under new global economic conditions. and really it out this one. any sufficiently put it in bali victory team so that the pto was one hundred and fifty nine members are working to break the play in cost and finalize a packet of global trade agreements. it's a meeting there will decide the very fate of the world trade organization. a hundred and fifty nine ministers have gathered here in bali for the nine national conference of the wto which i will try t

the ministers that came to bali understood that if we were to walk out of bali with nothing, i think pretty much say goodbye to the multilateral trading system. as much as we have seen in the economies around the world, i think it is important to keep this. this is the very reason why certain countries were willing to show flexibility. we showed flexibility and everybody that if it were up to everyone's national interest without showing any kind of flexibility we would not be able to reach an agreement in bali. baliy was coming to expecting to get 100% of what they wanted. i thought that was a good start to the week. it was pretty dramatic at some points throughout the week. >> what do you mean dramatic? >> everybody saw the disagreement between india and other developing economies. be developing economy is spearheaded by india and insisted on linking the interim solution for the agricultural package to a permanent solution. this was something that was very difficult for the americans to accept. we came to a landing. it was along with three other countries. suggesting some change be

let's begin with a report from bali.ed to a deal that supporters say it will boost economic output. that only after negotiating session that went into overtime. it is an agreement that would make it easier and cheaper to move goods around the world by cutting red tape and improving custom procedures. they said it will help at theine traffic borders of many economies. that will help boost trade in all countries. the deal in bali also left india and other developing nations continue to subsidize the crops to bolster security without having to worry about challenges. wasbali package itself reached after a series of -- .et's take a look at the arcade indonesian shares are seeing a rebound after a decline. better than expected economic data from the u.s. buying.nspired concerns are that banks will hold a monthly meeting and limited gains. high inflation has forced the bank of the tanisha -- indonesia to -- the has been some speculation that the bank indonesia at its december 12 meeting might hike its interest rate and efforts

experts found out that the virus can spread from person to person the debate eu members approve the bali packets which is one of the biggest reforms of the organization he was not possible to reach a consensus before because of india's position on the issue of food security cover according to the chart of the organization disagreement of one single country among the hundred and fifty nine member countries could still a consensus when india finally agreed suddenly cuba bolivia venezuela in the qatar where refused to support the bali package negotiations with them lasted for seven hours as a result of reform project was approved in full. i have achieved something very significant the owner of the world will benefit from the ekka to have delivered here today. the first part of the bali packages an agreement on the trade facilitation the second one which has caused so many disputes was the agora call to support programs particularly the documents provide relaxation of the ban on subsidies to farmers who provide pain relief the third set of documents is devoted to helping the needy is countri

>> in bali, we saw great success at the wto lead very ably by a brazilian director-general. up until right before that success was singed, it looked as though some of the wto players with which brazil most aligned itself over the years would be the reason for the failure of the bali discussions. to what degree coming out of bali do you think that in fact brazil's view of its own deal economic and trade leadership is changing from one in which it is leader of the developing world to one in which it is a broker between the developing world and the developed world? >> let's start with this. >> thank you very much, for your remarks. you mention that you hope to build up a constructive relationship promoting common values like democracy and human rights. what makes you feel hopeful, optimistic that that kind of partnership could be developed and be effectively developed in that region specifically in south america where there is a group of countries, particularly if the other countries that i don't think they share the same views and the same values in terms of promotional democr

in bali, there was a w t.o., trade talks in bali and cuba softened its opposition to it that obama wanted i don't this was a mistake though. if he wants to deal with castro, fine, they want diplomats, behind the scenes dealing, fine. but to step up there and do that was a mistake. >>> allen growth a u.s. development worker has been in jail in cuba for four years and the u.s. government wants him out. also if you listened to the president's words when he was speaking about the life of mandela and he made a poignant comment about all the countries that believed in the symbolism nelson mandela stood for and had horrible human rights records at home. >> it is ridiculous to criticize someone for shaking hands at a memorial service for an icon who brought people together who was supported by the so far yes sir and the russians and the u.s. and this the people he associated with at that funeral. that would not have been the police. i think it was politeness. but beyond that i think it would be terrific if this administration did take steps to lift the embargo. i don't expect that to happen, beca

i made that clear before going to bali that they would not move. they have to enshrine in law that people under the poverty level would be guaranteed a certain amount of grain per month. it's part of the coalition policy and the jewel in the crown of what they achieved in this particular parliament. failing to exempt india and others would have been disaster for any government. we are heading to a general election. parliament will be dissolved and a general election amount. the upa government will go to the masses and say, "this is what we have done for you." they are hoping that the masses will react to that knowing that the subsidy issue will be left indefinitely until a permanent solution can be found, one that india agreed to. >> a philippine congressman joins me from oz low. this is the first deal the world trade organization has completed in 18 years. was it worth the wait? >> i think for developing countries it's not a bad deal. the problem is in terms of the deal - the big problem is agriculture has been a massive subsidy that the developed

says the bali deal could add $1 trillion to the global economy. >> it is so agreed. >> the agreement is a milestone for the w.t.o.t. marks the organization's first global trade deal since the creation in 1995. >> for the first time in our history, the w.t.o. has truly delivered. >> the deal will lower trade barriers and speed up the passage of goods through customs. most importantly, the term is applying not just to rich, industrialized states, it also for poorer developing countries. analysts estimate it could boost the global economy by hundreds of billions of dollars. >> we have achievement something very significant. people all around the world will benefit from the pack annal who have delivered here today. but some critics say the agreement could prevent poorer countries from setting their own priorities in areas like environmental protection, workers' right, and securities. negotiations dragged into an extra day after last-minute veto threats from individual countries. cuba objected to the removal of the trade embargo, and india objected to provisions that might stop its stockp

feels sometimes that the wto has been through a long, dark night, and i hope that perhaps here in bali we will once again see the morning of the world trade organization. >> the participants are foefblged on three issues, customs procedures, agriculture, and development. >>> let's get you a check on the markets now. investors are feeling nervous. they think the federal reserve will scale back, following a sign of strong factory activity in the u.s. speculation is pushing down the price of european equities and commodities. london's ftse is down a tenth of a percent and taking a serious beating. also in frankfurt, the dax is down over 1% and paris, the cac40 is down. in asia, the jitters about the fed also hurt many sources. kospi fell 1%. it was the worst performer in the region. meanwhile, yen lifted tokyo shares. nikkei closed at a fresh high. dollar/yen is trading right now at 102.78-81. market players are waiting on a series of economic data at the end of the week. the major focus will be the key jobs report on friday. euro/yen is changing hands at 139.44-46. earlier, the currency

the mood has picked up at these meetings here in bali. many of the delegates feel that the world's first multi lateral trade deal is inches away from getting this done. the closing ceremony has been delayed and we have been told that negotiations are intense and they are ongoing. it's all down, of course, to one final issue. it's been the issue at these talks, which is the way the wto rules will affect india's state security program, subsidized products over this program. and india could easily reach that level and they would have to pay fines for the so-called moratorium, the so-called peace clause expires. so they are pushing to have that extended and that's what's being worked out right now. don't forget, there's an election coming up in india in may towards the end of the month. they don't want to have to go back to voters and explain the possibility of possibly having to scale back food subsidies. so this is important to them politically and they're not going to sack phi political capital at home in order to get a deal done at the wt

the field sometimes that the wto has been to a long dark night and i hope that perhaps here in bali. whew once again see the morning of the world trade organization the participants are focusing on three issues this simplification of customs procedure. agriculture and development. japanese workers could soon be rewarded with bigger salaries the nation's largest labor union federation of red eagle has decided to demand a rise in basic paid for the first time in five years. you'll meet the demand that next year's wage negotiations the federation made the decision after considering the increase in consumption tax from five to eight percent scheduled for april. corrupt society will produce confusion. it really does fill to increase along with the rise in prices pringle will also try to improve working conditions of non regular workers to account for nearly forty percent of the workforce. it plans to encourage the production of rules to help them convert to full time employees unions that are members of gringo will submit their demands based on these policies to their company's management

the government was forced to act itself to the two thousand and two bali bombings that killed two hundred and two people mainly foreign tourists. indonesian security forces arrested more than seven hundred suspected militants and executed about sixty. regardless of the government's efforts in recent years have seen multiple attacks on christian churches. earlier this year and plans to hold the miss world pageant on the information on the resort of bali receives strong opposition at the islamic society for the bill's critics as sane as well. i didn't exploited women and did not fit with the culture and morals that in the media the warnings of attacks on christians come amid growing concerns over rising religious intolerance in the world's largest muslim population the government criticid for notoing enough to protect the christian religious mority. it is. a teacher paul maurice in the mission to the committee for fundamentalights in democracy. gm and non government organization invitation for morrissey has to make simple. and in all wars don't see other people want he can live in peace tog

meeting took place the sidelines of the ministerial conference of the world trade organization and bali in sydney that for all twelve nations already committed to the ttp yard gather the korea which late last week expressed an interest in going to be the seasons but also meet with officials from japan canada and other nations already in the tree tops that special to happen either in bali or in singapore at the venue for in ministerial meeting slated for saturday before your dna. and another begins. get the latest line soul expert analysis from ages fourteen with the viewpoint of the cold its global network and one on arrival that is seventeen always on standby. south finally a breakthrough to rowling opposition parties that come to a compromise and mentors aimed at ending a months long deadlock and normalizing problem entry procedures starting wednesday during a meeting on tuesday with resumes and eating the chairs and floor leaders of her rulings in the tea party and the opposition democratic parties agree to lock the special committee in charge of reforming the national intelligence s

during the ninety minutes trail conference of the world trade organization that kicks off on tuesday in bali korea is expected to hold preliminary but lateral talks with countries taking part in the last leg. ttp. korea's trade ministry said monday that it expects the bali gathering to provide an opportunity for collecting information related to the negotiations for viewing conditions for its participation in the regional trade pact. the korean government expressed its interest late last week in july to the twelve nation talks aimed at removing trade barriers on the ship pacific countries making up about forty percent of the world economy. the government said the trade pact involving the united states japan canada and nine other nations will call korea boost trade and the region the initiative of the so called trans pacific partnership treat pack is spearheaded by a wash and ten which is trying to reaffirm its influence in asia pacific region. on the other hand is focusing its efforts on the regional comprehensive economic partnership. a sixteen nation the deal that involves hand as hand nat

. >>> and a python is on the loose in bali, indonesia. we'll tell you why authorities are desperate to find that snake. >>> also ahead, more on the ship stranded in the antarctica and what's being done to help rescue the 74 people on board. just by talking to a helmet. it grabbed the patient's record before we even picked him up. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from miles away. it even pulled strings with the stoplights. my ambulance talks with smoke alarms and pilots and stadiums. but, of course, it's a good listener too. [ female announcer ] today cisco is connecting the internet of everything. so everything works like never before. ♪ no need to chuck, donate or burn them ♪ ♪ just pack them in our flat rate box ♪ ♪ we'll come to your door and return them ♪ ♪ gifts you bought but never gave away ♪ ♪ or said you liked but thought were cheesy ♪ ♪ you don't even need to leave your house ♪ ♪ we'll come and take them, easy-peasy ♪ [ female announcer ] no one re

antony go tp also put her in the bali music recording studios in bali to fade as croissants more reports. irish country singer and songwriter and pd is attracting increasing recognition recently appeared at the bridge country music awards where she shared the stage with charlie levels were up amongst others the fat woman is well known and worked in the goal and has enjoyed a busy year for conceived her release her debut album my songs to you and baby though is her stage name. where is and what comedy is her real name. she explains in rural areas nicknames are often incorporated into everyday names. simon and i can compensate. you know the stuff i was the same surnames whatever doubts over the list of things i'd like to know what i can remember concrete than him the analysts who think that i absolutely livid that the swimming or has it that these i was working with adam's pharmacy for the past twenty three years and clearly loves her work and meeting and dealing with people. but in the evenings music plays a big part in her life some alice wanted and i always enjoy things that upset him i

. >>> after taking the lead in the bali package and it includes a trade facilitation agreement. and next, the 12-year-old round. check out the story. >> can you stand the excitement? >> do you realize the importance of the w-2 0. >> when we come back, more gripping year end awards. >>> bummest wrap? >> big lie that the tea party shut down the government. they never voted to shut don't government. >> >> bummest wrap, susan rice, the talking points on bin zazi. she had nothing to do with it. >> stop question and risk in new york that that is a racist policy -- stop and frisk because it was disproportionately on minorities. >> i would back up the bin zazi coverup. it has not held water. >>> the bummest wrap that apple avoids $9 billion of taxes because it keeps accounts overseas. they say they are in full compliance with tax laws. and the ceos that have not done anything illegal should not be drug before congress. >> and fairest wrap? >> the charge that president obama did not tell the american the truth in the fact that his credibility sunk and it is deserved. >> i would phrase it

in bali, we saw a great success led by a brazilian inspector general.right before that success was cinched, it looked as though some of the wto players would be the reason for the failure of the bali discussions. to what degree coming out of bali do you think that brazil's view of its own specifically trade leadership is changing from one in which it is a leader of the developing world to one in which it is a broker of some sort between the developing world and the developed world? >> let's come here. let's start with this. >> human rights watch. thank you very much for your remarks. you mentioned that you hope to build up constructive relationship with brazil, promoting common values like democracy and human rights. what makes you feel hopeful that that can be effectively developed in our region, and particularly in south america, where a group of countries that i do not think they share the same views and the same values in terms of promoting democracy and human rights. it is critical that brazil plays a more effective role. how do you see that role d

in regard to the day btu in bali, congratulations. a wonderful job in managing the could of been a disastrous event for the wto. i think he was in everybody's interest to make sure the bali event was successful to the extent possible because having a failed day btu at this point in time would not have been in anyone's best interests. i think the brazilians felt a special need to play as much of a role of broker is the code. historically, brazil has approached these negotiations with two mentalities. you know, one is to get the best deal possible. but if that's not going to work, then try to assert leadership in some fashion and used the event is a way to assert leadership. i think in this regard, they recognize they could do both. they could act as a leader as a group of countries while at the same time brokering. the bridge that divide and within a luck will be able to maintain that over time. in terms of human rights, that's a great question. it's one of the big struggles, you know, that brazil faces as it moves to find a way to exp

we have done here in bali is truly extraordinary. we have negotiated a package that will bring its own security to billions on goal scorers we have delivered to an agreement on trade facilitation and we have agreed to a groundbreaking student initiatives to help the least developed countries benefit more from the multilateral trading system. the deal also keeps the whole online for progress on the doha round after twelve years of fruitless talks. but it falls far short from the wto is alton it's been elusive. tearing down global trade barriers. well brings us up to date with the willoughby is a scorching and is the teacher was like hello and welcome to the folsom and to enter your guess today is the president of nigeria mr goodluck jonathan to present thank you very much for being with us thank you. alas he first bought your reaction to the death of nelson mandela it arrives here just on the eve of the summit's what's your reaction. thank you. as the mastermind and that is somebody. immaculate debates. so i've been informed is africa

we need to do better oh new year warning there from mr page to all of our reporting from bali and just let's now go next door on the map and join alexy our chefs he's been covering the events in kiev the trade will situation ever since i saw alexei twenty thirteen has seen ukraine pushed into the global spotlight but for all the wrong ways as could you summarize the country's situation they see it for us. well in a van burned early december it seemed that ukraine would be a big time loser this year canonically the country's economy was in a pretty fold state trade relations with russia folded which seriously affected the economic situation in the country all add that to a huge external debt of more than one hundred thirty six billion dollars it was cited as the main reason why give did not sign the euro so sation deal fearing that the country's economy might bludgeon to further abyss all that caused massive unrest the blockade of governmental buildings and that's why the budget for twenty fourteen could not have been passed for a some time but two weeks before new year the president a

alexei you're a coyote from russia's ministry of economic development who will actually be heading to balihimself later on this month to discuss the deal i asked him how immigration is going where he thinks that will renew her hundred nations to come to the congress discuss. different interest of the sun in some sensitive spheres like a cultural festival of the more sensitive for many countries the engineer or the unfortunately. up to no. good to be appropriate result appropriate time in the paper over to paper prepared for the mystery of a meeting in about every house or ministers must work harder. to gets results or would still have some room going for up or. trying to. hold a lot of bitterness with the ministers to support the small the russian ruble has hit a record five year low due to a crackdown on the country's banking regulations where that russia's central bank bonnet shing banks when the market just this week and all the top one hundred bank was kicked out for not meeting balance sheet standards this in turn leads to capita outfly and on top of this stronger imports ahead of the

say you're a coyote from russia's ministry of economic development who will actually be heading to bali himself later on this month to discuss the do i asked him how immigration is going what he thinks that will bring her from those at the two hundred nations to hundred economists discuss in a different interest of the sun in some sensitive spheres like a cultural festival of the most sensitive for money collectors the engineer. unfortunately. up to no. good and the appropriate result appropriate i mean the pay per booking paper prepared for the minister over the weekend in rather a sort of means that ministers must work harder than there to gets results we still have some room of going for upper. traveston in. the hope of a lot of meetings with the ministers to support this. the russian ruble has hit a record five year low due to a crackdown on the country's banking regulations where that russia's central bank banishing banks from the markets just this week another top one hundred bank was kicked out for not meeting balance sheet standards this in turn leads to capital outflow and on t

bali,ing the wto and congratulations to the person who managed that event for the wto. it was in everybody's interests was the bali event successful, because having failed at this time would not have been in anyone's best interests. at itslly with azevedo head, there was a special need to play as much of a role of rocher as they could. brazil has had the kind of negotiations with two mentalities. one is trying to get the best deal possible. that is not going to work a then trying to assert leadership in some fashion and use the event as a way to assert leadership. but i think in this regard they recognize that they could do both. leader of act as a particular group of countries while at the same time brokering. i think they found a way to bridge that divide. with any luck they will be able to maintain that over time. in terms of human rights, a great question. it is one of the big struggles, that brazil faces, as it tries to find a way to express to its foreign policy what it means to be a democracy. in the region and the world. historically, result has been an adherent

. >> staying in indonesia to the island of bali. would love to go.s the village people dress up celebrating in costumes. it is a christian celebration in aree of the fact that there only 8% of the population that is christian. it focuses around the church. >> there is a santa claus. >> making his way to bali. eight-year-old asked me, doesn't santa claus get hot wearing that suit? magic and he can handle this sort of thing. there is an air conditioner in the sleigh. >> we have a lot more coming up on "surveillance." $850 million. hollywood'shly what thinnest to win an oscar. that is coming up on bloomberg surveillance. ♪ >> this is "bloomberg surveillance." tom keene is off for the week. let's get you some company news from the files of "bloomberg west." profit comes after the unit cut johnson stopped production at some overseas plants. toshiba says the company hopes to increase its business to up to 50% sales volume. taiwan is finding apple for restricting rice is on contracts. commission says the asian unit required wireless carriers to is aermissio

of approval from the ministers who had lathered in bali when an agreement was finally announced. global trade talks have faced years of deadlock, with many countries shifting to regional deals. addwto says the deal could $1 trillion to the global economy. >> it is so agreed. >> the agreement is a milestone for the wto. it is their first global trade deal since his creation in 1995. >> for the first time in our history, the wto has truly delivered. >> the deal will lower trade barriers and speed up the passage of goods through customs. most importantly, its terms apply not to just rich industrialized states but also the poor developing countries. analysts estimate that it could boost the global economy by hundreds of billions of dollars. >> we have achieved something very significant. people all around the world will benefit from the package you have delivered here today. >> some critics say the agreement could prevent poor countries from setting their own priorities in areas like environmental action, workers rights, and food security. negotiations dragged into a next her day aft

hundreds of protesters held demonstrations outside the conference in bali, angry that a deal could leado the elimination of subsidies. >> south korea's president opened an international fund to help those countries most vulnerable to climate change. >> it is expected to help pour nations reduce greenhouse gas emissions. the money from the fund is supposed to come from the rich countries. only sea has contributed $40 million towards it. >> translation: according to the world health organization 88% of diseases linked to climate change affect children under the age of five. and this way climate change has an enormous influence on the environment and across human life. it can't be solved by the efforts of one country. it's a task for all humanity. >> an anticorruption movement is looking to break years of dom nation by the ruling congress party in elections in deli. voters are taking part in local assembly elections. the political choices they make this week could have a significant long-term impact on the entire country. >> a huge crowd gathers to hear from the man who wants to shake up i

that's kind of what happened with the guy take taping this video in bali. when the video starts, the tornado is off in the distance but before you know it, the tornado starts getting very, very close. you start hearing the cracking sounds of the debris and the rooftops breaking and then this. huge sheets of rooftop just flying away, being torn like they're pieces of paper. this guy continues to record, even though the tornado was tearing the building right in front of him to pieces. he doesn't run for cover until it sound like one of the pieces of debris crashes through the room they're in. amazi amazingly, the tornado goes around their own building and heading off into the distance. these guides incredibly lucky, no casualties. >> at what point do you ditch the video? i was thinking all right, now is the time to cut it off and run away. >> this is extremely dangerous. one of those pieces of debris could have come right at them. >> now, over to brazil to one of the slums in rio de janeiro. look at the building here. >> oh, no! >> the entire thing in one pie

didn't die in bali is a big success. i'm not clear the legitimacy is altogether restored. in fact, if you'd like to make a et over lunch or dinner, i'd uspect we would be talking about the w.t.o. negotiations stuck again. and the football thing is on the composition of trade. basically what you're describing is supply chains is offshoring, outsourcing. so things that used to be made here where u.s. manufacturing workers would make everything from the parts that went from the ores to actually milling and then smeltering the ores to making the steelworkers making the steel to the machinists cutting it and putting it together to the auto workers then assembling it into automobiles, all of that was done here. and so what is often called intracorporate trade, i.e., multinational companies that had outsourced major parts of their production and then bringing it back together for assembly sometimes here but often not for a lower wage, that is the five million u.s. manufacturing jobs, 40,000 facilities closed. that is a big part of the story why the u.s. now has real wages. they'r

there are two types of python that's live in bali.at grows up to 0 feet and probably weigh over 200 pounds. and then you have another one called a reticlated python that can grow to 32 feet. but i believe this is the culprit that took this gentleman out. >> so jewels, i -- >> yeah? >> i understand that these snakes are strong. i get that. but this gentleman was trying to capture it. how quick are these things? >> well, pretty quick. if you try catch this snake and he's a wild one, he will react pretty violently because he doesn't want to get caught. and, of course, he's got a large -- he has a head in here, he has about 75 good sharp teeth. all pythons bite. that's the first thing they do is try to get ahold of you. and if he is being defensive, which he was probably was, he turned around and bit the guy and within two seconds he is wrap all over him. we don't know how big this guy was. the indonesian guard is probably 5'3," 130 pounds soaking wet. the python, if it's anything like this size this is only eight feet, they can get to 11

we'll be in bali to get the latest on the push for a trade deal. >>> not loving it. fast food workers go on strike over low pay, but will it make any difference? we'll discuss the pain at 11:30 cet. >>> india's party looks to make gains in key elections. we'll be in dehli in just over half an hour. >>> and move over, detroit. tensions are moving to other regions drowning in debt, including puerto rico. what it could mean. if you've got any thoughts or comments about anything we're talking about today, e-mail us, worldwide@cnbc.com. the ecb today will be presenting new growth and inflation forecasts alongside the announcement of its latest policy decision. the central bank said it expected a slight rise in inflation in 2014 and '15 and predicated a rise in in inflation across the upper row zone next year. annette is with us now. they cut rates last month. the euro hasn't weakened. we had sharp divergence between germany and france. what do they do now? >> that's a good question, actually, probably. today they won't do anything. we might see more moving towards potenti

a four-day ministerial session of the world trade organization is taking place in bali. delegates are now focusing on three issues, including the simplification of customs procedures over which industrialized and developing countries are less divided. japanese representative said negotiators have come very close to success. that appeared to be almost unattainable three months ago. >> translator: the key members could make critical decisions to obtain the maximum of interests and show flexibility on some measure with remaining issues. that could be a possibility, however slight, reaching an agreement. >> mitsia challenged china's cautious stance in negotiations. >>> let's get a check of the markets now. european equities are little changed after sharp declines in the previous session. london's ftse is down by a 10th of a percent. investors apparently waiting for a batch of u.s. economic data due out later this week, they want more clues as to when the fed may reduce its bond buying program. tokyo's nikkei fell by more than 2% and that's a retreat from a six-year high. sha

. >> the deal was made in bali and indonesia, aimed at increasing global commerce and making it easier for poorer countries to do trade. >> for the first time in our history we have truly delivered. we have achieved something significant. people all around the world will benefit from the package delivered here today. >> here is what is it could mean. it's claimed it will create 21 million jobs, 18 million in developing countries and cut red removing the need for many taxes and bribes. the w.t.o. is trying to remove all subsidies. the deal means that some developing countries can keep them in they are needed to feed the poor. the results are yet to be seen. india is happy it can keep its subsidy. >> i view this as a victory for the farmers of india, for the farmers, for subsistence farmers of the entire developing country. there has also been a coalition of developing countries that along with its partners, with withstood all pressures. demonstrated solidarity and achieve this. >> the background to this our nt from jakarta. >> a moment of victory after the establishment of the w.t.o., t

. >> the moods is quite sombre in bali, i have to say. there's some optimism. never before the members of the world trade organization have been this close to sealing a deal. this multilateral trade deal will bring in an estimated $1 trillion in the world market. in the markets there's no deal at all. i'm joined by the chief executive director of apec. how crucial is the deal? . >> well, it was two months ago that the 21 leaders of the apec economies came together. all of them said it was crucial. they all want to see the w to round concluded in a positive way. so we think it's important. i must say i agree with your introduction, it's a sombre outlook. we hope we'll see a value, but it's unlikely to be an interesting one. >> the door to the european union is open. the message to ukraine from germany's foreign minister. the comments have been welcomed by protesters on the streets of kiev and they have been given a boost by the support of three former ukrainian presidents. protesters are angry at the government's decision to reject a deal with the europeanionion

. >>> a murderous python is on the loose in bali. a security guard at a luxury hotel on the indonesian island was killed. the snake choked the man to death. a spokeswoman made clear the incident was not on hotel grounds. the hotel is under ren ovations and is closed. >>> it is summertime in argentina, but a large crowd trying to escape the 100-degree heat couldn't escape. you see that there, a swarm of carnivorous fish. about 70 people were injured when they were attacked. some of these actually lost parts of fingers and toes. they like lie piranha, that's because they're related to the piranha, and they have very sharp teeth. >>> during the christmas holidays, washington is like a college campus, it is really very quiet, because everyone has gone home for the holidays. there's a similarity to college even when congress is in session. some of the nation's most powerful men share living quarters, inspiring the new series "alpha house." cnn's chief correspondent dana bash takes us inside. >> reporter: paint peels off the walls, sheets

ministers arrived in bali from the start of the wto conference. if successful the agreement they are working on would be the first global trade deal since the organization was created in 1995. we report from new delhi on a major sticking point - food subsidies >> feeding four people on $70 a month is not easy, leaving the family with $10 of essentials. food subsidies is a life line. she applied for a food ration card. they may not exist if the world trade organization has its way. if we get 20 kilogram of grain, it's $10. if we have the card we get it for $2.50. >> the wto is trying to negotiate a world-wide trade deal. that means many countries cutting food subsidies. how much subsidies is a debate rich companies are having with developing ones. four years ago when food subsidies were threatened farmers from india came to new delhi. the indian government stood firm. the pressure is on india and 30 other nations in asia and africa to come into line and cut the help given to the farming industry and poor consumers. the indian government adopted a l

an historic trade package has been sealed in bali in indonesia after four days of scheduled talks and another extra day of negotiations. officials from more than one hundred fifty countries and regions have managed to broker of global trade agreement. the first since the world trade organization was created in nineteen ninety five and early a major obstacle was overcome with india agreed on a draft text presented by the hit of the wto referred to as a veto. but the last moment cuba and three other latin american countries refuse to accept the agreement which would not have opened up the us embargo against cuba. the meeting then went into an extra day into a finely was convinced that for the deadlock. every small is affecting large parts of eastern china and some parts of northern china today. the national meteorological center has issued an onslaught from work today as katie's continues to show me the eastern areas include cause of gents to joe jones on weight and the bay provinces which have been affected for nearly a week the capital beijing is experiencing had the small today with

the road or vibration of the blue it to its bali people stop about and talk to some exponents of this button will give kisses aka summer that is a cynical twenty pieces is that the highest in the blood the executive board of the government to which he be the next ball is expected that this is all this the budget deficit reaching out to some discussion about this alarming. add to the commercial hub is like a civics with the outbreak of the epidemic. then the forty seven thousand visitors vaccination. the defendant's refusal of the budget documents to be in the end of the organization program of the country. after that the demented ropes activists of all the time i took that as the benefits of bad vaccinations and again it is a western plot to sterilize muslims. the director had about but found that the porto by respondents said yes please read the perspective of the strip had the energy and focus on in the wall the demise of south african leader nelson mandela on thursday. jackie up a five course it was a great fit it in debt and a bit of inspiration all humanity president the democrat

and that the new plant will get balanced bali discussions with biden. fight this trip marks the first visit by a high ranking us officials to watch it and expressed support for japan's pursuit of collective self defense. the move was met with strong backlash from korea and china as it is reminiscent of japan's militaristic past. and the vice president is expected to attract all security concerns regarding the issue. it's widely believed that by mother earth soul to be the past be high for the sake of a stronger bilateral i instantly be at the us and japan. that in a very happy at odds over historical perception when kirby and repeatedly calling on japan to apologize for it were time atrocities during its thirty five year might be shed for me yet. during his stay in seoul a vice president is scheduled to give a speech on foreign policy again thinking thursday and friday. and that at the detail it right now the heavily armed border between the teacher vs on saturday before returning to the us. on sunday at antiques amid the escalating arizona tension in n

sees ahead of the dummy t o as the contents in the boonies trade open and the indonesian island of bali. with that of the nato appealed to the world's trade ministers gathered there to at least come up with a modest agreement to keep a lot talks stalled for years. it is compensated to see if i can actually come to see his radiance and the country's cities. all i need the words poorest countries. trade ministers hope they'll be able to set aside differences and overcome the deadlock the liberalizing trade internationally is now a make or break affair. we had an opportunity to demonstrate that the wall. get out of reach. the inventory of global trade. and we also have an opportunity to lay the path to meet global trade easier. small fairer and more engrossed in our own. how exactly the wto will achieve that isn't disputes. four nations fear that it read areas in these markets can be flattened by subsidized surplus goods from wealthier countries. critics of full market liberalization demonstrated outside the conference center. dubai olympics by developing countries. food sovereignty the to

public again from the start of officials and investigators believe the assault had come from inside the bali community two months later the arrest of leading soloist by the need to change go often in his career the villain playing average thing from von rothbart and swan lake to evolve the terrible he was accused of planning the attack another two man of the alleged a getaway driver and the alleged attacker himself were detained shortly after in court v.b. change the admitted he didn't want to rough up felons but sad he did not intend for acid to be thrown into his face i organized the state of crime but not on the scale that it turned out. enjoyed vanity rumors and soon aeration even violence the dark underbelly of the placed and the spotlight whatever the verdict here it will take a while to restore the lost are of this famous and situation i do of course no r t moscow. let's go to thailand now for the r.t. world update with an leader of the anti government protests there has now supporters to storm the police h.q. in bangkok that's has huge crowds are once again gathered outside the gover

the move follows that in progress needed bilateral meetings of trade officials held this week in bali in each of the country and about a dozen countries. the bilateral meetings were held on the sidelines the tree ministers meeting hosted by the world trade recognize each and every other year those meetings led by korean trade ministry in time and see that his australian counterpart andrew robb the country's managed to finalize terms of free trade agreement between the two nations. after a separate meeting with me. mr abe asks you told reporters at an air of many different states for eccentric deal with. i'm an adult and super easy to conclude negotiations with you. the negotiations with indonesia. already in the absence of a local park when i step out in handy as a visit to the south. in ancient sand and i can't even really care and free and architecture were cards wrapping up the tree pack by tight end and this year experts also forecast that he talks with trying to conclude in the second half of next year. although those code has yet to drop measures to support local farmers who hav

alexei you're a coyote from russia's ministry of economic development who will actually be heading to bali himself later on this month to discuss the deal i asked him how the negotiations going where he thinks that will renew curve two hundred nations two hundred economists are discussing. different interest of the sun in some sensitive spheres like a cultural festival of the most sensitive for many countries your unfortunately. up to now would be good to be appropriate result appropriate time in the paper over from paper prepared for the history of oh you can read about it i saw that ministers must work harder. to get through sounds or would still have some room going for up or. trying to stand in. the heart of a lot of bitterness with the ministers to their support because. the russian ruble has hit a record five year low due to a crackdown on the country's banking regulations where that russia's central bank banishing banks from the market just this week and all the top one hundred bank was kicked out for not meeting balance sheet standards this in turn leads to capita outfly and on top