it was the first country to be rescued with eu-guaranteed loans.grieg's directed their protests to budget watchdog's from the international monetary fund and the eu. while dublin was dragged down by its banks, greece simply lived beyond its means. greece's rescued millions are being paid out in installments. recently, athens had to admit it had not reached predicted revenue targets. >> if greece fails to fulfil certain retirement or reach certain targets, we will need to talk about it. >> we are starting from a higher point that what we really wanted, but we fully respect the targets and intend to take any measures that e necessary. >> the talk is getting tougher with in the european union, but politicians also want to preempt further crises by radically reforming the eurozone. the german chancellor wants to cap the claims in times of crisis. >> we decided to keep in mind certain points for our cris response mechanism. one of those is the role and responsibility of private bondholders. >> that set alarm bells ringing in the portuguese capital where

the report lays out the eu's trade policy for the next ten years. it says it's a major obstacle for european companies entering the japanese market. auto safety standards were one area singled out for criticism. the report says unless japan is willing to remove these obstacles and relax its rules the eu cannot negotiate -- begin negotiations on an economic partnership agreement, or epa. earlier this year the two sides launched a working group to explore the possibility of concluding an epa. the japanese government was hoping to begin talks early next year. >>> japan is hosting the apec summit this weekend in the leadup to the meeting we're taking a closer look at japan-u.s. relations. our business reporter ao yochda spoke with stoms clark, apec task force co-chair at american chamber of commerce in japan. he gives his insight on economic relations between the two countries. >> hi. >> hello. >> reporter: i met thomas clark at the accj office in central tokyo. in addition to being on the apec task force there, clark is vice president of government rel

eu finance ministers are due to meet in brussels on tuesday. state of ireland's economy and the possibility of a rescue package for dublin is likely to be on the agenda at those talks. >> will ireland become the next grease? that is the question of the hour now. it appears that gris''s budget problems are not as easy to tame as earlier thought. the greek finance minister said on monday that last year's budget -- deficit was nearly 15.5% of gdp, some 2% higher than previously thought. monday, this sunday demonstrations in athens by the unions and left-leaning groups, protesting against the greek government's austerity measures. they accuse the eu and the international monetary fund of imposing conditions that are far too strict to secure risky loans. the debt crisis in the eurozone weighed on european stock exchanges this monday. but investors chose instead to focus on much stronger than expected eurozone exports. our dw-tv correspondent has more from the frankfurt stock exchange. >> the german market had a weak start into the new trading week b

>>for eu companies, if chinese spending boosts, then imports should increase too. >>reporter: it looks like clutching at straws, and indeed taxpayers in donor countries give their politicians short shrift for funding china to such an extent - given that it's a major competitor with trillions in the bank. >>but the aid equation is complex, as targeted projects can deliver substantial long term benefits. >>by focusing alone on the cash pledged today, you don't necessarily see the wood from the trees. >>egyptians have been using the nile to transport goods for thousands of years but over the last 50 years, cargo carried on the river has dropped to less than one per cent of the country's total. now though, following a government drive to get more freight onto the river, it seems that the nile is about regain its place as one of the world's great transport routes. >>reporter: at a cost of three and a half million dollars the wattania 201 is not cheap but it's only part of a massive expansion plan by the nile cargo barge operating company. founded three years ago, along

it is negotiating the size of the rescue package with the eu and imf. they do not know yet -- the do believe it will be getting around 90 billion euros to help rescue domestic banks that overextended themselves in the run-up to the financial crisis. let's take a look at market reaction. european shares retreated as the request for the bailout failed to convince investors that eurozone regions' debt crisis has been contained. here's this summary of the day's trading. >> there was some relief on the financial markets. for the time being, the irish state budget and the banking sector seem to be safe. the concerns are not gone. moody's kamala rating agency said that most probably the irish government are facing another downgrade. the bonds may have to cope with another downward correction of the value of these delavan bonds. this outlook weighed on the stocks for the financial sector. it caused the good mood to vanish completely. >> the eurostock sliding and finishing at 2811. the dow lower by 0.4 of 1%. on currency markets, the you're treading -- euro trad

of eu members have complained about ireland's low taxes. let's look at market numbers. the dax index closed up at 6832. 2855, the number there. the dow jones is trading at 11,192. the euro is posting gains at $1.3631. a german pharmaceutical giant is planning to cut jobs by 2012 as part of a cost-cutting program. the layoffs are to include 1700 positions in germany. they intend to agree -- tio o create 2, 500 jobs. >> six countries, including china, russia, and iraq, said it will not be attending the nobel peace prize awards next month in honor of china's liu xiaobo. the nobel committee says the diplomatic pressure is unprecedented and fears it may not even be able to hand out the award at all. >> there is little likelihood that nobel peace prize winners liu xiaobo or his wife will be able to travel to oslo. in december, 2009, liu xiaobo was sentenced to 11 years. his wife has been under house arrest since october. >> we do hope we will be able to present the prize, but most likely the award winner will not attend, nor his wife or two brothers, and if no one will attend

the eu issued a firm denial the plans are under way to double the size of the rescue fund. for more on this, we spoke with a professor of the bavarian finance center. we are talking about boosting the rescue facility and the eu having to deny plans to double it. i asked him if he thinks the euro is striving for its life. >> i think it will survive for many hundred years. there are problems with currencies, but tehe united states has more problems than the eurozone, especially germany. countries like greece, ireland, portugal, are dominating countries. i am quite sure that we have to learn from the financial crisis that some countries have to do their homework. i am quite optimistic that it will happen and then there will be no danger for the euro. >> angela merkel said that private investors should share the burden of rescuing struggling economies. do you see that as her trying to score political points, or is it realistic policy? >> it has to be realistic policy, otherwise we give wrong signals to the economy, and especially in the insurance companies, and the banks. the b

at the moment, they can pay non eu countries to store the waste for them. one says he wants to put a stop to that. >> the aim is to oblige european union states to dispose of their nuclear waste in a responsible manner. unlike finland, most do not even have a plan for a permanent storage site. the eu energy commissioner wants them all to present such a plan by 201 >> we need to act in a europe- wide coordinate manner and draw up feasible plans. europe must take the lead and set the standards in terms of safety, transparency, and time frame. >> the eu commission wants to ban the export of nuclear waste outside the union, and environmentalists also want to see tougher rules, but they are not happy about certain proposed underground sites. >> the commission is ignoring questions, questions about how the rock and clay react, and we think they're going down a very dangerous road by pretending that these are the sole issue is. >> most member states are dragging their feet on the issue. of the 14 countries that use nuclear power, only finland, france, and sweden h

eu members should decide jointly which third states are unsafe and stepped up controls on freight. the introduction of a system to inspect suspicious packages and more clearly defined responsibilities between freight shippers and national authorities. he said security requirements should take priority over concerns about higher shipping costs. >> there is going to be some disruption. inspections have to be carried out with moderation in a meaningful and targeted way. things cannot remain the way they are. >> he would like a group of experts to propose a set of concrete guidelines for stricter freedom -- inspections in the eu by december. >> we're taking a more in-depth look at that later in the bulletin. let's talk about qantas. we had some information. >> there were oil leaks in the engine of the qantas airlines a380 that made an emergency landing. rolls-royce has confirmed that the leaks. qantas said it grounded the a380 jumbo jets another three days until engineers -- as engineers continue to examine the faulty engine. >> firefighters met the a380, dousing one engine which would

it was the first country to be rescued with eu-guaranteed loans. grieg's directed their protests to budget watchdog's from the international monetary fund and the eu. while dublin was dragged down by its banks, greece simply lived beyond its means. greece's rescued millions are being paid out in installments. recently, athens had to admit it had not reached predicted revenue targets. >> if greece fails to fulfil certain retirement or reach certain targets, we will need to talk about it. >> we are starting from a higher point that what we really wanted, but we fully respect the targets and intend to take any measures that are necessary. >> the talk is getting tougher with in the european union, but politicians also want to preempt further crises by radically reforming the eurozone. the german chancellor wants to cap the claims in times of crisis. >> we decided to keep in mind certain points for our crisis response mechanism. one of those is the role and responsibility of private bondholders. >> that set alarm bells ringing in the portuguese capital

this may, the eu set up a 750 billion euros emergency fund.land would be entitled to tap into this fund should face a liquidity crisis. >> fears about the future of ireland said european shares down for most of the week. the blue-chip stocks and the dax marked the biggest weekly loss since september. the mood of bleecker friday on speculation that china may soon increase interest rates to tame inflation. we have a wrap up the day's trading action from the frankfurt stock exchange. >> the questions about ireland dominated trading here. no doubt, there were lots of import news and messages from all around the world, but the euro debt crisis right here at home in your land was once occupied the traders' minds most of all. it provided for a dampened the mood. when there was speculation that perhaps there was some 80 billion euros ready to be injected for ireland on a european level, that caused the share prices to recover. but the mood did not really improve all that much because the next question is, if ireland as take advantage of the rescue pac

the eu is pressing ireland to accept help. mark simpson reports. they have said they do not need emergency aid, but there was a sign that they would upset the help. >> it is to show ireland has sufficient firepower to deal with any concerns of the market. >> talks took place all day involving officials from the european central bank, the european commission, and the international monetary fund. >> we are looking for ireland and the area in general, and we want to be constructive with that engagement. the government at the end of the day will make decisions based on the outcome of discussions. >> ireland's closest neighbor is the u.k., and the government is ready to help. >> we have an interest in not just the euro zone. we have an interest in ireland being a success, so i do not want to rule things out. >> ireland's budget deficit is 32% of gdp. ireland is expected to arrive for a loan of between 80 billion euros and 100 million euros. some believe ireland will pay a high political price for any funding from europe. >> i feel you will have it from

the eu is trying to prevent the credit worries from spreading to portugal. the country's bonds have taken a hit in recent days. eu officials say the irish government will ultimately decide whether to accept financial aid from the union. >>> u.s. housing starts notched a double-digit fall in october, casting a shadow over the nation's economic recovery. on wednesday the department of commerce said new home construction fell 11.7% on annualized terms from september to 519,000 units. far below the market forecast of 600,000. the decline comes as existing homes on the market are pushing down demand for brand new units. the temporary hold on home foreclosures also raising doubts of the future housing demands. it comes after it was revealed that some major mortgage lenders mishandled some foreclosures. >>> china's largest air show opened in the southern city of zhuhai on tuesday. it showcases the country's first commercial jet. about 600 companies from nearly 40 countries and territories are taking part in the show that is held every two years. a state-owned aircr

kan promised to speed up studies on issues of particular interest to the eu. they include its demand for japan to eliminate known tariff barriers and promote deregulation. the prime minister said the government is doing all it can to eliminate unnecessary regulations and he will instruct his ministers to make further reforms. >>> the two-day summit of the asia-pacific economic cooperation forum will open in yokohama on saturday. ahead of the meeting, world leaders including the presidents of the united states, china and russia have started arriving here in japan on this friday evening. prime minister kan flew back from seoul where he attended the g-20 summit meeting. kan will now chair the apec meeting and is also scheduled to hold bilateral meetings with other leaders on the sidelines of this weekend's summit. on friday evening, chinese president hu jintao arrived at tokyo's haneda airport. hu is the first top chinese official to visit japan after bilateral ties were strained in early september following an incident in which a chinese fishing boat collided wi

>>reporter: ireland's economic future depends perhaps more than any other eu country on that younger generation - with a third of the population aged under 25 it's the youngest workforce in europe. highly educated and technologically skilled they are one of the key attractions for multinationals deciding where to locate their european headquarters. the social networking phenomenon facebook arrived in dublin two years ago at the start of the downturn and now employs over 200 staff here. >>long: we've almost had the market to ourselves in terms of recruitment because obviously it's been a bit of a depressed market so it's worked extremely well for us - we've found amazing talent in the market. >>reporter: the talent here in this room - creative and free-thinking - is the future for ireland according to one hugely successful online entrepreneur - the founder of social networking site - bebo. >>birch: i think what will happen over time is that the people who work at these companies there will be going into tech - as the leave more corporate jobs they'll actually be joining or starting st

speaking of austerity measures, eu finance ministers are worried about ireland. >> finance ministers have been holding talks in brussels about growing talk that ireland will need a bailout from its neighbors. dublin has resisted the pressure to tap the rescue measure wind greece was in the spotlight. they will examine what kind of help could be offered. many analysts say that a bailout is just days away. >> the irish finance minister joined his colleagues after consultations with dublin. it seems clear that if ireland needs aide, it would only be given with the conditions of the eu fund. that is not popular in ireland. >> to determine the best way to address market risks. >> he has indicated that if ireland does ask for the aide, it could provide a portion of it. >> ireland is our closest neighbor. it is in britain's national interest that ireland is stable. >> smaller eu members say that there would have to be guarantees, otherwise there is no way to prevent the crisis from spreading. >> i think all of the governments are well aware of this danger. everybody is aware of their respon

it is negotiating the size of the rescue package with the eu and imf. they do not know yet -- the do believe it will be getting around 90 billion euros to help rescue domestic banks that overextended themselves in the run-up to the financial crisis. let's take a look at market reaction. european shares retreated as the request for the bailout failed to convince investors that eurozone regions' debt crisis has been contained. here's this summary of the day's trading. >> there was some relief on the financial markets. for the time being, the irish state budget and the banking sector seem to be safe. the concerns are not gone. moody's kamala rating agency said that most probably the irish government are facing another downgrade. the bonds may have to cope with another downward correction of the value of these delavan bonds. this outlook weighed on the stocks for the financial sector. it caused the good mood to vanish completely. >> the eurostock sliding and finishing at 2811. the dow lower by 0.4 of 1%. on currency markets, the you're treading -- euro trad

at the moment, they can pay non eu countries to store the waste for them. one says he wants to put a stop to that. >> the aim is to oblige european union states to dispose of their nuclear waste in a responsible manner. unlike finland, most do not even have a plan for a permanent storage site. the eu energy commissioner wants them all to present such a plan by 2015. >> we need to act in a europe- wide coordinate manner and draw up feasible plans. europe must take the lead and set the standards in terms of safety, transparency, and time frame. >> the eu commission wants to ban the export of nuclear waste outside the union, and environmentalists also want to see tougher rules, but they are not happy about certain proposed underground sites. >> the commission is ignoring questions, questions about how the rock and clay react, and we think they're going down a very dangerous road by pretending that these are the sole issue is. >> most member states are dragging their feet on the issue. of the 14 countries that use nuclear power, only finland, france, and sweden

the eu competition commission found air france, klm, and airways colluding. accord ended on fuel and security surcharges. and friends klm will have the biggest fine. they have to pay -- air france klm will have to pay the biggest fine. they have to pay $490 million. >> this cartel began in 1999 when the price of air fuel was rising. the airline needed to protect profits and agreed to charge customers a flat rate fuel charge. two years later, 9/11 put pressure on the airlines. there were added costs in screening cargo. in response, the cartel included a flat -- and recharge. it was not until 2006 that he was alerted to what was happening. a german carrier, lufthansa, broke ranks. in return, it received complete immunity from the fines. the other 11 companies were punished. they include the air france klm group. british airways faces the second-biggest house fine, just over one $140 million. carlos was the next. others are qantas, singapore airlines, and air canada. >> with the commission's intervention, the cartel has ended. more than likely, it would have con

eu members should decide jointly which third states are unsafe and stepped up controls on freight. the introduction of a system to inspect suspicious packages and more clearly defined responsibilities between freight shippers and national authorities. he said security requirements should take priority over concerns about higher shipping costs. >> there is going to be some disruption. inspections have to be carried out with moderation in a meaningful and targeted way. things cannot remain the way they are. >> he would like a group of experts to propose a set of concrete guidelines for stricter freedom -- inspections in the eu by december. >> we're taking a more in-depth look at that later in the bulletin. let's talk about qantas. we had some information. >> there were oil leaks in the engine of the qantas airlines a380 that made an emergency landing. rolls-royce has confirmed that the leaks. qantas said it grounded the a380 jumbo jets another three days until engineers -- as engineers continue to examine the faulty engine. >> firefighters met the a380, dousing one engine which would

gaddafi says the eu should pay 5 billion euros for africa to help stem the flow. european officials say such deals are irresponsible. >> the e.u. is trying to shirk responsibility and is living it up to others to commit human rights violations. >> but khaddafi it refuses to be cowed. he says that without significant financial support, libya will no longer play the role of what he calls europe's coast guard. >> iranians have confirmed that a nuclear scientist was killed in a series of bomb attacks in tehran on monday. another professor was injured. the bombs were attached to victims' cars by people on motorcycles, apparently using magnets. a chinese human rights activist has been released after 12 years in prison. he co-founded the band that china democratic party and edited a newsletter called the human rights observer. in 1998, he was convicted of endangering state security and jailed. now 57, he plans to resume publishing his newsletter. we will move on to monica, who has business news stora -- who has business news, starting with the plan to support ireland. >>

the eu commission president tried to ease concerns ahead of the g-20 summit in seoul, saying the eu has necessary instruments to tell about debt stricken states. but the 750 billion euros to do that all the projects countries threatened by acute insolvency. as the greeks are discovering, it does not solve the core debt problem. austerity measures imposed by athens are deepening the recession and lowering state revenue. >> some good corporate news know, simons has increased its dividend to shareholders by 70%, a huge sign of confidence in the company that it will be able to continue generating more income. cells rose in the last 12 months by 8%. profits jumped to four billion euros. >> the message from the seamen's boss is clear, after a corruption scandal in 12 years of restructuring, simmons is a normal company again. they're concentrating on three areas, industry, health care, and the environment. in the near future, the company expects so-called green technology to make up half of its sales. >> globally, we are by far the company with the most wide- ranging environmental portfolio wi

of eu members have complained about ireland's low taxes. let's look at market numbers. the dax index closed up at 6832. 2855, the number there. the dow jones is trading at 11,192. the euro is posting gains at $1.3631. a german pharmaceutical giant is planning to cut jobs by 2012 as part of a cost-cutting program. the layoffs are to include 1700 positions in germany. they intend to agree -- tio o create 2, 500 jobs. >> six countries, including china, russia, and iraq, said it will not be attending the nobel peace prize awards next month in honor of china's liu xiaobo. the nobel committee says the diplomatic pressure is unprecedented and fears it may not even be able to hand out the award at all. >> there is little likelihood that nobel peace prize winners liu xiaobo or his wife will be able to travel to oslo. in december, 2009, liu xiaobo was sentenced to 11 years. his wife has been under house arrest since october. >> we do hope we will be able to present the prize, but most likely the award winner will not attend, nor his wife or two brothers, and if no one will attend

the excess immigration all comes from outside the eu.ent figures -- under the last government -- are for net migration into the uk of 200,000 a year, and that is 2 million people across a decade. in our view, that is too high, it needs to be cut and a cap is a very important part of that. >> what assessment has the prime minister made of len mccluskey's statement that there is no such thing as an irresponsible strike? >> i think he is completely and utterly wrong, and the world is in a slightly mad place when someone who supports militant tendency can be elected to the largest union in the country on 17% of the vote. indeed, that same union basically picks the leader of the labor party and pays all his bills. it is completely wrong, and if the right honorable member for doncaster north is going to be a reformer he had better do something about it. >> despite being slightly ahead of the curve in the moustache stakes, may i take the prime minister back to an exchange that we had in june? further to the question from the right honorable mem

. >> the eu commission and european central banks are not friends of the irish people. they are here to implement certain measures of the financial markets. >> leaders have conceded that they need help. there are expected to offer a rescue passage -- package worth $110 billion. ireland may have to raise a corporation tax which is not attractive to foreign investors. for investors, that would be unthinkable. >> we are trying to make our economy grow. we may destroy one of the great drivers of growth. we have to grow out of a recession. >> some in germany, they feel the low corporate tax rate in ireland gives them an unfair advantage. fake irish do not want to surrender this sovereignty. any agreement is unlikely to make much difference. >> that money going into the banking system will not be available to some to support the economy. just as in greece, the situation is probably going to get considerably worse. >> without the stability of a the banks, it has made and falling money difficult. it comes at too high a price. the international rescue package may not be a more a

observers say ireland may also seek aid from the eu. finance ministers from the 16-nation euro zone will meet in brussels on tuesday to discuss how to combat credit uncertainty. >>> u.s. retail sales in october rose to better than expected, 1.2% from the previous month. that marks the fourth consecutive month of growth. the department of commerce said on monday that retailers post just over $373 billion in sales last month. the expansion of 1.2% was the fastest pace of growth in seven months. it beat market forecasts. >>> the strong result comes as sales for cars and auto parts increase 5%. those were for construction materials grew. amid a consistently high unemployment rate consist latest figure eased concern over sluggish consumer spending. attention is now you on whether the trend will continue into the year-end holiday season which accounts to up to 40% of revenue. >>> japan airlines will dismiss pilots and flight attendants. they reached the decision because the number of employees retiring voluntarily fell short of its target of

the eu has posed a ban on carbon offsets starting in 2013. some gas is applicable in the carbon trading have not been effective in reducing global warming. the european unions executive commission announced the eu ban on thursday. the protocol allows nations to sell their quotas of greenhouse gas emissions to developing countries. hfc-23 and nitrous oxide whose warming potential are far more powerful than carbon dioxide amount to over half of the emissions traded in the world. these gases are commonly sold in china and india, but emissions have not been reduced in an efficient manner. it also says these gauss have been produced excessively for sale of gas emission quotas. the executive commission is also proposing a ban on international trade of hfc-23 and nitrous oxide emissions. >>> japan will set up a panel to study measures for making the country's farming sector more competitive globally. the move follows the government's decision earlier this month to begin talks with relevant nations on a free trade deal called the trans pacific partne

the eu remains concerned on financial markets. it has already bailed out ireland due to its massive fiscal deficits. eu economic monetary affairs commissioner ren urged each member country to keep a tight grip on their public finances. >> in our view, the only way out of this is to restore confidence by intensified fiscal in the countries. >> mazda will only a factory in mexico, a bid to boost sales in fast-growing latin american markets. sources say mazda will team up with sumihotto. they originally planned to assemble 100,000 cars a year. the company chose the site to take advantage of a trade pack between japan and mexico. the company has close ties with other latin american economies. mazda's expansion into south american markets highlights a new strategy. this comes after ford motor cut its stay. >>> itochu has begun to buy genetically altered soy beans. the first batch of the soy beans arrived on mondays. the manufacturing company commissioneded farmers in argentina it to grow the soy beans. the companies aim to import sever

the irish government is currently talking to the eu and imf officials in dublin. i'm joined from washington now by mark. i'm intrigued to know what the irish crisis looks like from across the atlantic. does it look as though the eurozone itself is under threat? >> definitely, and it is different from here in the sense that our federal government at least has had a stimulus that is trying to revive the economy and a time that it is weak. countries like ireland, which is in the third year of recession, and they're moving in the opposite direction. the government is trying to tighten the budget, which is making the economy worse. we have similar situations in portugal, greece, and spain. i think that is the underlying problem. these economies are not really going to recover when the government is pursuing what we call pro cyclical policy -- weakening the economy at a time that is already weak or in recession. >> it is interesting that you call that a problem. it's not just those countries that are greatly in crisis. germany, the united kingdom, as well, take a very d

they do not want to see a single penny more given to the eu.n fact, they would like to see some of the money brought back that was given away, unfortunately, by our prime minister. will this prime minister please ensure that when he goes into battle for our money, he does not -- as happens to many leaders when they are involved in that bloated bureaucrac -- roll over? will he promise that if the eu demands that money, we will just say, "sorry, we're not paying"? >> as ever, the honorable lady talks a good deal of sense. it is worth recalling that since margaret thatcher won that rebate at fontainebleau it has saved britain 88 billion pounds. that is what tough negotiation achieved. the european parliament has insisted on a higher budget than the one set by the council, so the first thing is to say that is not acceptable, and build a majority on the council to get the budget down again. it pains me to say this to the honorable lady, we would be assisted if labour meps did not keep voting for higher budgets, which is exactly what they did this we

overall, project costs have increased up to 23.5 billion eus, morethan the original budget. in order to make up the extra cost, eads will deliver only 170 aircraft instead of 180. the project has been dogged by delays, mainly caused by software problems with the giant engine. germany is urgently needs the a400 m for its mission in afghanistan and will begin taking delivery of its transporters in 2014. they replace germany's aging fleet of aircraft. >> onto e markeacti. bluehipsndedhe week on a strong note, extending their o-year highs after a better than forecasted u.s. employment report boosted optimism about the strength of the recovery. our correspondent sent us this summary of the trading action from frankfurt. >> on the last trading day this week, traders looked for direction. they wanted to take some of their profit out of the market. on the other hand, they waited for the economic numbers coming from the u.s. th js market is onon of the biggest problems of the u.s. economy at the moment. the jobless rate shows that it remained at 9.6%. on the other hand, the u.s. econ

this may, the eu set up a 750 billion euros emergency fund.land would be entitled to tap into this fund should face a liquidity crisis. >> fears about the future of ireland said european shares down for most of the week. the blue-chip stocks and the dax marked the biggest weekly loss since september. the mood of bleecker friday on speculation that china may soon increase interest rates to tame inflation. we have a wrap up the day's trading action from the frankfurt stock exchange. >> the questions about ireland dominated trading here. no doubt, there were lots of import news and messages from all around the world, but the euro debt crisis right here at home in your land was once occupied the traders' minds most of all. it provided for a dampened the mood. when there was speculation that perhaps there was some 80 billion euros ready to be injected for ireland on a european level, that caused the share prices to recover. but the mood did not really improve all that much because the next question is, if ireland as take advantage of the rescue pac

in 2013, the eu financial ability measures are due to expire. the german finance minister is pushing for follow-up measures. >> the aim of this mechanism is to reduce to the maximum payable amount the burden of debt of members threatened by a bankruptcy. that is an order to avoid possible repercussions. for that, we need the involvement of financial investors. >> possible repercussions are something the bankers at the frankfurt opera house are not keen to dwell on at the moment. others are also critical of the debate's direction. >> we share the position that in the current environment, a position that gives to the market the idea that some imminent debt restructuring will become productive. >> what is clear is that binding resolutions are needed to deal with growing debt in europe. >> in the end, it is what is decided by the eurozone. this is the only way for m to avoid catastrophe. >> a new bailout mechanism is needed for 2013. >> in frankfurt, the greek finance minister received applause for his country's austerity efforts. he plans to cut go

there are 143 nuclear power plants in operation in 14 countries in the eu region. but only france, finland, and sweden have worked out long-term disposal plans. the commission is asking its member nations to specify exactly where and when they will build a storage site and how they plan to manage them. it says they should not unfairly impose this burden on future generations. >>> a prefecture in central japan has approved a plan to keep a nuclear reactor running for another ten years. the extension means the reactor in fukui prefecture would become the longest serve's reactor in japan. the kansai electric power company's number one nuclear reactor at mihama power plant in fukui prefecture is the second oldest commercial nuclear reactor in japan. at the end of this month it will have been in operation for 40 years. fukui prefecture has skieded to approve a ten-year extension plan on condition the electric company and japanese government provide a mechanism to check the reactor's safety. the prefecture will soon announce a decision to the company. until now the longe

the eu monetary affairs chief said it was essential that ireland adopt this austerity budget on timedecembe© during a parliamentary session. the main opposition party called on the prime minister to bring forward the announcement of the 2011 budget to next week. the challenge was rejected as well as calls for a snap election. the embattled prime minister said he will dissolve parliament next year after budget proceedings are complete. over to steve. the german chancellor has been talking about the economy here and the larger eurozone. >> yes, chancellor merkel has reiterated her support for the euro. she is facing a bill from german industry. she has highlighted the serious challenges facing the single european currency in the wake of the financial woes facing ireland and greece. speaking at the annual conference of german employers, merkel said the eurozone is in an extraordinarily serious situation and reemphasized the importance of restoring adherence to the stability and growth pact. meanwhile, the message from employers tohe chancellor was the german industry news the government

speaking of austerity measures, eu finance ministers are worried about ireland. >> finance ministers have been holding talks in brussels about growing talk that ireland will need a bailout from its neighbors. dublin has resisted the pressure to tap the rescue measure wind greece was in the spotlight. they will examine what kind of help could be offered. many analysts say that a bailout is just days away. >> the irish finance minister joined his colleagues after consultations with dublin. it seems clear that if ireland needs aide, it would only be given with the conditions of the eu fund. that is not popular in ireland. >> to determine the best way to address market risks. >> he has indicated that if ireland does ask for the aide, it could provide a portion of it. >> ireland is our closest neighbor. it is in britain's national interest that ireland is stable. >> smaller eu members say that there would have to be guarantees, otherwise there is no way to prevent the crisis from spreading. >> i think all of the governments are well aware of this danger. everybody is aware of their respon

latest headlines for you this our -- the eu and imf pressing dublin to accept financial help. there are fears that uncertainty would damage other rocky european economies. the country could accept a loan worth tens of billions of dollars. the governing body of fifa has suspended two committee members in connection with corruption allegations. our senior russian official has told the bbc infamous terrorists with links to al qaeda are trying to tear the whole of the north caucasus away from russia. the president of russia's most restless republics said insurgents want to turn the whole region into an islamic state. our moscow correspondent sent this report. >> it is the new front line in russia's war on terror. security forces are battling islamic militants across pakistan, fighting operations. the insurgents hit back with suicide bomb attacks and targeted killings. >> the name of the extremists is to tear the caucuses away from russia. many of them have been to taliban training camps. they have links to al qaeda. they want to turn the whole region into an islamic state, but we

." >> ireland to capitulates and asks for a financial bailout from the eu and imf to stave off possible economic collapse. after saying it would not go cap in hand it is expected to get up to $100 billion in loans. anger at the fall of the california tiger. >> people are disgusted. people are afraid because politicians will not come out and tell us the truth. welcome to "gmt." bringing you a world of news and opinion. also coming up, mixed feelings in that new zealand over of the fate of the missing miners -- optimism yet gloom that the men are trapped underground after four days. our children in afghanistan safer than in london and new york? that is the controversial verdict of nato that a top diplomat in kabul. it is 7:00 a.m. in washington, midday in london and in dublin well -- where after weeks of denials after the government there has been some anger at the economic rescue package to help save the irish economy. the deal is expected to include a loan of about 100 billion euro and is being fleshed out as we speak in talks between the irish government, european union and the imf. >>

planetario.n esarias y llevar una vida en au h@armonÍa.h@univisionpi extrahÁt >> eperuanmenta llivisioÁpi eurah@h@univisio circo y vio los h@univisionpi a le das una dieta, de das de cenar poco y lo otro lo hacen trabajando. >> tambiÉn se divierten. quÉ tal la escalera giratoria? miren que equilibrio! miren esta forma de anotar en basquetbol! este singular circo de pÁjaros existe desde 1994 m presentan cada espectÁculo cerca de 15 actos en los que asegura sus aves, nunca han sufrido un accidente. >> no los maltrato, les doy mucho cariÑo y me van reconociendo. >> de no ser asÍ nunca nos presentarÍa en acto principal, el pÉndulo. cuando se trata de innovar,h@un@ >> que hermosos! miguel dedica entre 3:04 meses para entrenar a cada un sus aves.pi eh@ peter tiene mÁs de cinco aÑos en el circo! y artistas de peso y otros que pesan.isionpi exth@h@ les presentamos a la nueva figura en el arte que deja su marca a trompazos. >> las pinturas esperan en el caballete, sÓlo falta el artista mÁs grande de los Últimos tiempos, y cuando decimos grande no es una licencia poÉtica. >> es una diva, todos los dem

eu leaders. a two year break we are resuming cooperation between nato and russia. i was pleased that my friend and partner president medvedev joined us today at the nato russia council summit. together, we've worked hard to reset the relations teen the united states and russia. which has lead to concrete benefits for both our nations. now, we are also resetting the nato-russia relationship. we see russia as a partner not an adversary. we agree to deepen our cooperation in several critical areas. on afghanistan, counter narcotics, and a range of 21st century security challenges. perhaps, most significantly we agreed to cooperation on missile defense which turns a source of past tension into a source of potential cooperation against a shared threat. overall, this has been an extremely productive two days. we came to lisbon with a clear task. that was to revitalize our alliance to meet the challenges of our time that's what we've done here. of course, it is work that cannot end here. i'm pleased to