volatility and the prospects of violence across borders as calm as wolfgang wrote in sunday's financial times german m.p.'s expressed outrage at the greek outrage build the german mass market daily is calling for greece to be kicked out of the euro zone i shudder at the thought of an act of violence committed against germans in greece or greeks in germany this is the kind of conflict that could easily escalate. entering into that equation the greek elections are on the horizon the same elections that german finance minister shall want to scrap we're already seen extreme far left and far right parties making huge gains in the polls in greece remember it was economic desperation in europe following the last republican great depression gave rise to extreme fascist governments and eventually world war two right now financial technocrats tentatively have the reins of government in places like greece and italy with an agenda that includes pain and suffering for their own people it may only be a matter of time before those technocrats are shown the door by an increasingly unruly and violent populace

it is clearly a sign of these financial times that oscars stop flying private spirit >>. >> if you're to splurge, get your special someone a carrot cake. >> not a lot of people well. we're not talking about the standard desert. we're talking about this red velvet cupcake withwhich comes complete within a carat diamond ring. it is being sold in pennsylvania. the cost is only $55,000. >> wanted to do a statement piece where people would say i cannot believe this is a $55,000 beautiful ring. >> not to mention a cupcake. if you're hoping to snag it, you are in luck. it is available to order year round. it is these financial times. >> still to come, prepared to pay more if you want to grab a cab around d.c. a new >> coming up, and has been trying to come to terms with a shocking news of his wife's death. sure shot and killed by a culpeper police officer. >> b. alexander a fire department remembering this. the event that is bringing some of the republican presidential candidates to d.c. the morning washington at 5:00 a.m. begins now. >>live and in hd, this is good morning washington, on you

t financial times, hothough, gree nightmare laid bare. >> this is interesting. even as the negotiations were going on and it took 13 hours to butt the deput the deal to bed, was another document circulating of nine pages which in a sense undermined the structure of the current deal and said that the greeks are never going to meet the conditions and that we'll probably get a third bailout. it's a document that was apparently leaked to the financial times and to the reuters news agency, but nobody at this point wants to spend too much time on it in the hugh betterrous surrounding the deal. $172 billion is what the greeks get, cutting debt to 120% by 2020. >> so what does it mean for the greek economy is this we've seen the protests, buildings burning. what will greece look like with these now even more vikstrict measures being imposed? >> the reality is you cannot use austerity to grow your economy. and unfortunately that's what this program is going to mean. further public spending cuts, also cuts in areas that would support growth. so inevitably, it will be very

jeff dyer of the "financial times" reports iran is more willing to launch terrorist attacks inside the u.s. in response to threats of the regime inside iran. james clapper said the alleged iranian plot to assassinate the saudi ambassador to the u.s. which was uncovered last year reflect eed much stronger suppo from officials in iran. we'll talk with him in just a couple of minutes. the obama administration asking intelligence agencies for additional assessments of the risks of transferring five senior taliban detainees to a third country as part of an effort to broker peace with afghan militants. in the testimony today before the senate intelligence committee intelligence officials did not specific which country might be involved but news agencies have reported that the detainees could be sent to qatar which is acting as an intermediary. some of the back and forth that members of the intelligence committee have been facing before house and senate committees. leon panetta getting a lot of attention with his plan to withdraw american troops from afghanistan by the summer of 2013. here's

been coming i've got coming out against the volcker rule take a look at this editorial in the financial times today because it's a good example so the headline beware the risks of the rush to regulate it's written by george osborne and june a zoomie now who are they well they're the finance ministers of britain and japan and what are they saying to highlight a couple of their key concerns both of our governments have expressed concerns about the volcker rule and they talk about the unintended consequences and one that they name is this to give you an example they say there's an exemption for trading and us government securities but not other sovereign so it could reduce liquidity in non-u.s. sovereign markets making it more difficult costlier and riskier for countries to issue and distribute debt so that's just one of their argument about that argument itself now in the financial times paul volcker earlier this month wrote an editorial saying it's. basically a joke the banks in europe japan and canada should be able to pick up the slack but what i want to focus on is why have these foreign go

to the cover of "the financial times." the india has named an aviation company as the third bidder to supply a fighter jets. it is one of the world puzzle largest military contracts, worth up to $20 billion. beijing made you ready to yield to international pressure -- may be ready to yield to international pressure. a quick look at the south china morning post, the story about the growing investment in africa. >> i am in singapore. >> i am in london. the headlines for you. mitt romney has won a clear victory in the republican primary election in florida. >> is a report says the afghan taliban remains strong with support from the pakistani intelligence service. activists say convoys believing to be carried to food aid had been crossing over to north korea. reports in just beijing is showing up the new regime. in a separate development, the north korean government has said it will grant amnesty to some prisoners. we are joined from the south korean capital of seoul. what more do you know about this food aid? >> it comes from

the financial times says the european union regulators worry about the risk to competition and a blocked a planned merger. the merger would of created the world's biggest equity exchange. an emerging battle over the level of funding for the poorest regions. they warn that could be a shortfall this year, and it is making the case for a budget increase, something members are strongly opposed to. users are striking back in the ukraine. sites or shut down by waves of cyber attacks. >> this is newsday on the bbc. >> these are the headlines. 17 fans have been killed and more than a thousand injured. the violence began after the home team won and fans invaded the pitch. ending military roles and afghanistan for the last 18 months before it is due to end. the government is facing pressure to make changes to the controversial law designed to protect marquee from insults or theft. it has been used as a political weapon to stifle free speech. joining me now for more from the institute for southeast asian studies, thank you for joining us. your view is to end of this law? >> is a bold step from the

we are facing some of the challenges and the -- and giving with the times of the financial crisis.e can feel the effects of the financial crisis especially in europe. and >> angela merkel speaking about european relations. how important is germany to the chinese trade? evan has been running out. >> germany needs and china. the chinese rich by the you -- buy german cars. this shows how china affects german profits. china is the customer that has kept the german economy ticking along while other european economies stumble. >> uc volumes increasing prior to the chinese new year -- you can see volumes increasing prior to the chinese new year. and with the factory is not running with the holiday, you can see volumes down all over the world. >> metal prices are going through the roof. germany, like every industrial country, that the needs what is called rare earth, those rare, essential elements that go into electronics. >> there is a high need for metal and china is the daughter of 20% of what is produced all over the world. -- is the owner of 20% of what is produced all over the world.

here are the conditions as spelled out in this opinion piece in the "financial times" saying, quote, we will not have any -- no new eurozone specific funds. that's a condition. they also will give money if the funds given are subject to imf conditions. also saying any additional resources need to be drawn from a wide range of countries and that the eurozone must boost financial fire walls, that being long-term solutions to the debt crisis. the imf is seeking to raise money. it wants to boost its ability to try to help out what's happening in the eurozone. but they need to get more countries on board. right now the united states and canada resisting contributing more to the imf. japan saying, hey, look, we're going to contribute. but remember we had the tsunami a year ago. japan has a long range of problems it has to deal with beyond the strong yen, the tsunami and the demographic crisis. this country is saying it underhands that what happens in greece and what happens in europe is certainly going to impact this country as well. >>> on top of those issues you just mentioned kyung, jap

the financial times says europe's largest defense contractor ba system is considering dropping the price to win a billion dollar contract. >> the headlines for you this hour. there has been another onslaught by the syrian army with hundreds of shots fired into populated areas. 40 people are thought to have been killed. >> after negotiations, fatah and hamas have agreed to unity deal in the west bank and casa -- gaza. floods in eastern australia. thousands of people have been infatuated in queensland. water levels in st. george are expected to peak 15 meters higher than normal. it is the third major flood in the area in less than two years. duncan, what is the latest on the flood waters, the residents stranded and evacuate did? >> as far as st. george is concerned, the next few hours are the most crucial, and it looks as though they will escape the worst. according to the mayor, she says she is confident the town will be scared. let me give you the numbers. the last few hours the water rose to 13.8 meters. they are expecting it to peak at 40 meters. of the levy is 40.5 meters, so just eno

the financial times is looking at the strict terms athens will have to abide by it if it receives a secondailout. the paper says it will be unprecedented controls on how the money is spent. european investment in china has plummeted. the china daily has taken a look at how that affects for an investment, and says the short term outlook is grim. sarkozy and cameron are putting their differences behind them. the leaders are going to agree on on a new generation of fighter drones. also, a significant new cooperation on nuclear power plants as well. youth unemployment in britain is at its highest rate since 1992. this is emt from bbc's world news. the headline -- a landmark deal is to be signed between mr. sarkozy and mr. cameron will see a new generation of power stations on the british mainland. and fresh attacks on opposition strongholds of a day after the u.n. general assembly called on president bashar assad to stand down. as the violence and instability intensifies in syria, so the apprehension level rises in lebanon. hundreds of refugees have fled across the border into lebanon. a pro a

. >> john with the financial times. the greek program will approve a retroactive clause, a retroactive rewriting of bond contracts. won't this impose a risk for bond holders, a higher price for issuers of local law bonds such as italy and any other deficit country. isn't there a issirs aside from greece who will now have to pay more because of greece's rewriting of contract law. of course it was originally denied by greece and ecb it hass the certification confined just to greece? in other words, isn't there a cost to the rest of the european issuers for this bond contracts. >> two things. one i think at the highest political level has been clearly said that this role given to the psi after the real meeting between germany and france has caused a lot of problems. we will not become a permanent fixture of policies. second, don't you believe -- i'm returning the question to you, if i may. don't you believe the risk of countries rewriting contracts was already largely incorporated in the markets and therefore interest rate

to what the paper called the biggest sovereign restructuring in history, and backup says the financial timesstephen hester says unless political intervention stopped they could end up like the failed british car maker. >> these are the headlines. growing international pressure on syria to call a cease-fire to allow aid to reach people trapped by fighting. but the british prime minister has closed a major conference saying that agreements had been reached on major issues. story,eturn to our top the fighting in syria is also taking place in the north. we went to the towns to see what life is life for members of the opposition forces. >> it is an anthem for a revolution the world cannot ignore any longer. hubbell in a safe house, lightly armed rebel fighters sing of freedom and defiance. they are led by a military defector. many of them are ordinarily salters -- soldiers, fed a diet of rebellion and hot sweet tea. >> i will protect my people and my children, to make life better for each other and for our family. >> what is it you want? >> freedom. political freedom, social freedom, freedom in a

berlusconi gave to the financial times last week supporting more openly than ever before the current government and committing to support in the medium term. everything can change but this provides italy with a perspective of civility in that particular specter where most people were seeing a potential source of instability. at any rate interest rates are coming down, more the short-term than longer-term. i believe if the greece potential explosive gets out of the way this process of declining interest rates will accelerate and, hence, i think we carve out through what we did on the budget a bit support of growth through low interest rates on the treasuries but also indirectly on bank loans to companies. and then there is the more supply side. we saw the work done by on forms, one of their fields of specialty but they did a specific work on the sort of liberalization measures italy has been introducing. they come to -- they and other studies of the bank of italy come to the conclusion this opening up of markets could all together generate a 10, 11% increase in productivity, half of w

we have even seen it in "the financial times," and that is because we were a year. that first banner that we had up. we can absolutely say that we are part of a coalition, and very much this is a movement, and it is a bringing together of many different factors, all working together to try to create a better world. >> one spokesperson said that the tenants may be gone, but the message of the campaign lives on. -- the tents may be gone. >> there are very many dedicated people which have made it what it is. talking about the future and how this is going to come back. this is a way you may not expect. i am inspired by the people we have met, and hopefully encourage other people to stand up and be counted and take their politics back. >> going over to some of the day's other news, there has been an uptick in the italian cruise liner story. >> that is right. more than one people we do 1000 people on board in the indian ocean after a fire in the engine room, the vessel adrift in choppy seas in the seychelles. it is a sister ship to the costa concordia, which capsized last

it's important to celebrate young people, often, especially when financially, times are you have a littleit tough e, parents have to make a difficult call or what they can do. the young people have worked really hard. we wanted to have the opportunity to celebrate it with them in a small way. >> what is this area, we have a beautiful model here, what is she wearing? >> a very beautiful piece, a sampling of some of the dresses that we do have available. adorned sequence, cocktail length, t-length, something for every student. we want to give a lot of variety to the boutique, our students want something a little bit different. >> you will be attending the event saturday. tell me about, what are you thinking about them having this for young ladies like yourself. >> i believe this is a good opportunity for females. some people want the big things, some can't afford it. this is a good project. >> what are you going to look for when you walk through the door? long, short, bright, dark? what are you thinking? >> i'm thinking short. i'm not tall. i will probably go with dark or colorful. >> good

the plan to create a $90 million mining giant has hit a snag according to the financial times, which reports on growing opposition by investor groups, and prove the critics wrong is the shout at the top from rbs. >> this is newsday from the bbc. >> the headlines this hour, argentina is to make a formal complaint to the united nations over what it calls the tradition militarization of the falkland islands in the south atlantic's. >> president assad has told the russian foreign minister he is committed to stopping violence in his country. two of india's most prominent politicians go head-to-head for a battle for the most populous state. the grandson and great-grandson of india's first prime minister is taking on the populist leader sometimes described as the queen, and though neither are on the ballot. both of them are thought to have ambitions to one day become india's prime minister. to tell us more about the election, i am joined by my correspondent. what are some of the key issues in this political fight involving the parties of to prime minister one of these -- wannabees. >> last

now for the story dominating the front of the financial times. this is, well, mergers, this is a big one. the world's biggest commodities trading company talking with the mining company xstrata. they say if these talks succeed it will create an $88 billion trading commodities trading giant. and the newspaper reporting prime minister david cameron under pressure to stop further huge payouts. >> you're watching "bbc world news." i'm david eades. the headlines this hour, clashes have continued in cairo has protesters vent their fury after the football deaths. two have been killed. more than 100 people in ukraine have died as ice grips europe. the bbc understands the english football association is set to remove the england captaincy from the chelsea player. he is expected to tell the manager that terry should still be available for selection as a player but the defender should not leave the team again until the conclusion of his trial for abuse. now joining us from wembley is dan. do you think the f.a.'s mind is made up? >> it certainly looks that w

the united states have volatile predictions along with their usual quarterly results -- in "the financial times." >> this is gmt from "bbc world news." i am george alagiah. the headlines -- syrian forces have reportedly unleased what has been called a ferocious artillery barrage. eurozone finance ministers finally agree on a massive bailout package for greece. time now for the business news. juliet is here. we talked before about this carbon tax imposed and why the chinese dislike it so much. this could trigger a trade war. >> that is a concern. a number of manufacturers have expressed that fear. basically, the european union wants to charge all airlines for carbon they emit. this game kicks off around january. in february, they should start collecting the money. 20 countries, surprisingly led by the united states and china, who are normally at each other's throats over trade, are meeting in moscow to discuss this. they do not like this. they do not feel there is legitimacy to impose this tax. the eu is saying, why don't you just come up with an alternative that will satisfy all parties? this i

financial markets and credit markets in my testimony. all that being said, good policy is good policy any time. there's lots of things for the budget reform. i know you're interesting in budgeting and tax coding. that would be constructive. we have very important needs on education and workforce skills. we continue to need support. health care is a major issue both because of the federal fiscal situation. or a major force. but also because the high costs are bad for the efficiency in the living standards of the economy in general. those are all areas that when you and i were colleagues in the previous administration we talked about the issues. you worked on trade, which is also an area where progress can be made. so they shouldn't be put on the shelves because we're recovering from a deep recession. we had 4.5% unemployment. 1.2% of gdp. things seem like they're going pretty well. obviously they weren't. but we need more of a sense of urgency. from your position and one of credibility and respect on the monetary side and the fiscal size, that sense of urgency is needed. i believe we are looking

"the financial times" previews rupert murdoch's trip to london this week. he is flying in for a meeting at "the sun" newspaper after a widening press corruption. you are watching gmt from "bbc world news." i am naga munchetty. freeze prices for new austerity measures, including cuts in pay, pension -- greece braces for austerity measures. the man accused of making the bali bomb goes on trial in indonesia. time to take a look at what is going on in the world of business. hello. we never really expected japan's economy to bounce back after the earthquake and tsunami. it is still struggling. cuestas, we have the latest growth figures. we expected a contraction expected1.4 -- a contraction of 1.4%. what we got was a contraction of 2.3%. with demand weakening in the eurozone, that has been hit. the stronger yen is hitting things in that regard, as well. yes, it has taken time to recover from what happened -- a very difficult 2011. there is optimism from the japanese government. it is talking today about the construction sector and how it believes that will push

the financial times is looking at the strict assets that they will have to observe if raese receives bailout. the international tribune wrote that -- young people say that the situation has become harder after the london riots because they say that employers do not trust them. the french president and the british prime minister say they are behind them. the leaders will agree on plans for a new generation of fighter planes and cooperation on nuclear power. the irish times says that anti- privacy policies, twitter is the latest company to reduce its methods after admitting to uploading an entire address book without permission. >> these are the headlines. the u.s. general assembly has condemned a government of violence in syria and has asked president assad to stand down. >> a senior member of jordan's royal family has refused to give any assurances about the trial involving the radical muslim cleric who was released from a british prison this week after the european board of human rights blocked his deportation. he could not be sent to jordan to be tried for terrorism charges because

we will begin with "the financial times." it looks at whether options will receive a second bailout. there will be unprecedented controls on how the money will be spent. youth unemployment in britain as that -- is at its highest rate since 1992. young people say it has become harder after the london riots because employers do not trust them. french president nicholas sarcozy and david cameron are putting their differences behind them. the front page says the leaders will agree to new plans for fighter drug and cooperation on nuclear power at a summit in paris -s, and twister is the lat internet companies to look at its methods after it uploaded entire address books without permission. >> these are the headlines. the un general assembly has condemned government violence in syria and called for president assad to step down. in nigeria, the man sentenced to life in prison for trying to blow up an american airliner for a bomb hidden in his underwear. the senior member of jordan's royal family has refused to give any assurances of

the financial times still very much focusing on the the greek debt crisis. reports that the euro-zone officials meeting has been cancelled today. it comes amid a growing fight about the merits of allowing the national default in greece. the herald tribune as a warning for greece. it sums up portugal's position where the debt to gdp ratio is rising and economic growth is slowing. china daily says that relationships our maturing. the paper looks at the importance of the sound relationship between the world's two largest economies. the independent front page is dedicated to a new report that found 1/4 of the world's children are malnourished. >> this is "newsday" on the bbc. >> i am babita sharma. the headlines. president obama tells the man expected to be china's next leader that this country must play by the same rules as other economies. >> finance ministers cancel their meeting about of greek debt crisis after they failed to deliver their austerity commitment. until recently, burm'a's new capital was an isolated refuges for a regime. that has changed with a

this is the front page of the "financial times." huge protests in greece against austerity measures. the euro-zone is looking to pare back the $170 billion cost of the rescue package. >> moving on to more protests. this time in spain. this says the newly elected conservative government had its first taste of civil unrest. the international herald tribune analyzes the effect of iran's decision to cut off oil exports to britain and france. it says iran's intention may be to divide the e.u. over sanctions in iran. >> small companies should have the ability to fire workers. that is a point made by conservative entities arguing the move will make britain more competitive. >> this is "gmt" from bbc world news. the headlines. as protests continue, e.u. finance ministers in brussels look set to approve another multimillion dollar bail out from greece. >> experts from the international aatomic energy agency have arrived in tehran for talks with officials about whether or not the country is, in fact, developing nuclear weapons, a claim iran ha

we begin with the financial times, which is still focusing on the greek debt crisis. the front-page article says euro zone officials have called off a meeting of finance ministers to approve a vital bailout for aspin's. itomes amid a growing by about the merits of allowing a national default. the international herald tribune of business as a warning for greece, summing up portugal opposing position. economic growth slowing. the china daily said relations between china and the u.s. are maturing as the vice-president of china speaks candidly with american leaders about their differences. the independents front pages dedicated to a new report that suggested a quarter of the world's children are too malnourished to grow properly, claiming hundreds die of malnutrition every hour because of the global food shortage. this is gmt from bbc world news. the headlines --an oil pipeline is on fire in the syrian city of homes which has been under assault by government forces nearly two weeks. unconfirmed reports say that hama is also being shelled. a new report from save the childr

who said this proved to safeguard this and tougher financial times, we need reforms.that was in the last election. and on the issue of money, because the money in the n.h.s. is important, we are committed to 12.5 billion pounds in this parliament, and yet his spokesman, sitting right there, said, and i quote, it would be irresponsible to spend more money on the n.h.s.." they are not in favor of the money. they are not in favor of the reform. they are just a bunch of opportunists. >> mr. speaker, is this not interesting, because he says this is all about reform. the tory reform group has come out against these proposals. i have to say, mr. speaker, it comes to something when even the tories do not trust the tories on the n.h.s.. now, listen to what the chair of the royal college of gp's, clare gerada, said. listen to what she said, and i quote, "this bill is a burden." it makes no sense. it is incoherent. it will not deal with the big issues, and it will result in a health service that certainly will not match the health service we had 12 months ago." mr. speaker, whic

the story dominating the front page of the financial times, glencore and a mining company merger would create an $88 billion mining giant. the british independent revisits the issues of corporate bonuses, reporting the prime minister david cameron is under pressure to stop huge payouts awarded and the banking industry. and more good news for apple. after a new survey claims the ipad is now a more popular tool than the hubmble p.c. >>> this is "newsday" on the bbc. >> here are the headlines -- egyptian police have clashed with protesters in cairo amid growing anger over the death of more than seven football fans. hundreds have been injured, two people have died in the city of suez. , one of the worst mass murders of the 20th century will learn his fate today at a cover seal war crimes tribunal convened to investigate allegations of genocide. >>> now comradeship was sentenced to 35 years in prison in 2010, but they said he should at never had a u.n. trial. prosecutors want a tougher section. he is the founder of the applied social research institute in cambodia, an organization that was

"the financial times" details the negotiations between when and the mining company. internet freedom is a big issue in today's "international herald tribune." >> this is gmt from "bbc world news." i am george alagiah. the headlines -- the syrian city of homs is under intense bombardment by forces loyal to president assad. reports that a hospital has also been hit by shell fire. fatah and hamas have agreed that president mahmoud abbas will head an interim government. >> let's catch up with the latest in the world of business and economics. i am just hearing the other have been talks going on between greece and its creditors. it looks increasingly likely that there's no deal. in a way, you have been there before. what is new now is things are getting worse all the time in greece. >> absolutely. we have been here for some time. everybody has been here. we've had crucial talks between greece's coalition government that had to agree on another round of austerity measures. more cutbacks, basically. had to agree on that to receive the next jump the bailout money. they did n

but tough financial times that love patch farm could force a group of pint sized ponies to find a new pasture. here's a look at the owner's last gas attempt to save her business. >> it's been said if you love your job, you never work a day in your life. for lee, this was never meant to be a typical 9:00 to 5:00. >> it's so wonderful to see people come here and leave with a smile on their faces and a smile in their heart. >> for 30 years, lee put her heart and soul to grow this miniature horse farm. love patch farms. it's home to 41 miniature horses. for years, love was able to make ends meet through selling horses and giving tours. >> we have seen dementia patients who become present and engaged. >> in 2009, this wonderland was hit hard by reality. like millions of americans love patch farm was under water. until some generous friends stepped in to help. >> they said they would make an offer to the bank and see if we couldn't do a short sale. >> at an expensive remodel and tough economic times, made it a challenge to keep up with the rent and in december of 2011, lee got some disturbi

the royal bank of scotland salary scheme is on the front page of "the financial times" which claims the bank's efforts to cut bonuses, that it's been offset by the increase in the pay of its investment bankers and what's in a name? reporting on the intense firing dispute between american technology giant apple and a technology over who owns the rights of the name of the famous ipad. >> this is "newsday" on bbc. >> these are the headlines. the us a craletralian prime minister has called a ballot for governing labor party to settle a question over its leadership. in syria the intense bombardment of civilian areas continues, two foreign journalists are among the dead. >> the former philippine president, gloria arroyo has appeared in court where she has pleaded not guilty to alleged election rigging. she was the country's president for almost a decade until he her term ended in 2010. she was arrested last november shortly after she attempted to leave the philippines for medical treatment. our correspondent is at the courthouse in manila. she told me the former president's court appearance w

it was hosted by the financial times and the broader european alliance agenda foundation. following the remarks, she has answers from the students in this one-hour program. >> ladies and gentlemen, i hope all of you can see me behind the lectern. but it seems like it's a good place to address the students especially. i'm happy today to have been able to answer the invitation that has been sent to me and to come here to talk to you about the future of europe. europe has always been at the crossroad of history at many points, but i think today is a good time because we have to answer a question. what is the direction that we want to take for the future? this place is perfect. it's the new museum in pberlin and for our students it's a good framework and a good place to talk about the future of europe since it's place that reminds us of the origin of our culture. we see the great classics. we see the wounds of world war ii and we see modern architecture as well. like we see in a lot of modern museums. and it's a place where the old and the new mix. about five years ago in marc

starting with the "financial times," focusing on the greek debt crisis. the front page shows a report on the european financial ministers meeting that has been canceled. a warning for greece, summing up portugal's position post-bailouts where the debt-to-g.d.p. ratio is rising and economic growth is slowing. china daily says the relationship between china and the u.s. is maturing. the paper looks at the importance of a sound relationship between the world's two largest economies. we can see the "independence" front page dedicated to a new report that found a quarter of the world's children are too malnourished to grow properly, saying 200 children die of malnutrition every hour. >> news on the bbc in singapore and london. >> the headlines for you this hour. president obama tells the man expected to be china's next leader that his country must play by the same rules as other economies. >> euro zone finance ministers cancel their meeting about the greek debt crisis after the country fails to live up to its austerity commitment. until recently, burma's new c

the "financial times" says that's the message, who says unless political interference with the taxpayer-owned banks stop, it could wind up like the old failed british carmaker. you're watching "bbc world news." i'm david eades. the headlines -- the friends of syria group will demand an immediate cease-fire and access for aid to syria when they meet later. an australian court is set to make a final judgment on whether a dingo is to blame for a baby's death 30 years ago. let's get more on our main story, the situation in syria. as i say, foreign ministers from western and arab countries gathering in tunis are expected to demand an immediate end to the fighting in syria. this is the friends of syria contact group. as i say, they're gathering already in tunis. they have a number of demands, but in particular, an immediate cease-fire and the opening of access corridors to homs and other affected areas to allow the delivery of humanitarian aid. the meeting is expected to discuss the recognition of the syrian national council as the representatives of the syrian people. also, calls for leadership to

this again according to the financial times.he lenders had to outline how they would meet tough new capital requirements by the end of last months. they say as many as half the measures proposed don't look that credible. the plan is set to be discussed next week. things like planning to sell a business that you can't solve. courtney would be one example of things regulators say maybe that doesn't cut the mustard. >> that's true. just one thing to consider. boeing has identified and is fixing a problem with the fuselage of its dreamliner jet. the company says repairs won't affect production. the issue here is known as structural spaces won't properly attach to the fuselage. boeing has built 50 dream liners and delivered five to japan's ana. they had three years of delays. take a look at shares of boeing, down slight ly about half a percent at this point in time. now today is the deadline for state attorneys general to sign is on to the landmark settlement with the big banks over mortgage and foreclosure. the measures may be close

"the financial times" says the indian government has given the french defense industry big boost by naming the aviation company as a preferred bidder to supply fighter jet, a contract worth up to $20 billion. according to the china daily, beijing may be ready to yield over international pressure over export restrictions over rare earth. and the south china vote morning post reports on the country by increasing investment in africa. that follows the latest $1.4 billion and struck -- construction deal with the government of south sudan. this is close "gmt " from bbc world news. i'm george alagiah. the headlines -- a secret data report seen by the bbc's suggest the afghan taliban remains strong with active support from pakistan's intelligence services. mitt romney has won a clear victory in florida, the latest stage in the republican party ought to contest to choose a presidential candidate. let us catch up on the business news with jamie robertson. let's start with this book of orza -- deutsche bourse >> there was a fair feeling it would fall through anyway. the problem was it was going to l

and "the financial times" writes about dogfight over d. ehlibae -- over delhi, b. i.t. -- b to whenae and in dollar tender. is" from "gmt bbc world news. i'm george alagiah. our main store. in syria, thousands of us out supporters have lined the streets of damascus to greet russia's foreign minister sergei lavrov who is holding talks with the president. the army bombardment of the city of homs has not entered its fourth day. time now for the business news. .aron is here merger, xstrata these are two giants in the industry. >> everything to do with this deal is big. glencore, the world's largest commodities trader timing up with xstrata. in this deal will create a new powerhouse in the commodities market and one of the world's largest producers of coal and zinc, and the largest producer of copper. and we know it is good news for shareholders, we know it will be good news for the executives of the companies, but not necessarily good news for the buyer of the loss of, china. china is concerned this deal will push up prices. the question i put to one expert -- why will

and that time you know you talk about the financial crimes you know to contrast let's say in asia and middle east north africa the more information they got the more upset they became you know the satellite photos in tunisia of how the top one percent was living got everyone upset in the u.s. however the more information they get the more they become you know julian assange or wiki leaks giving information makes people want to just lie down and cuddle up into a fetal position and hope it all goes away isn't there again is it drugs in the water is it obesity is it too much football what's is it did evolution are americans doubt i know a lot of republicans don't believe in evolution but do they believe india evolution because it appears as though the mindset of the average american is devolving there are a number of things going on that revolve around. the question of authority and legitimacy and especially the news media and you know i it personally i consider myself allergic to conspiracy theories and i don't think that there is a media conspiracy to keep the american people ignorant

we'll begin with the "financial times," which is paying a lot of attention to the greek debt crisis. the front page article saying eurozone officials have called off a meeting of finance ministers, as we know, to approve a vital bailout for athens. all this amid a growing fight about the merits of allowing a national default. the international herald tribune business has a warning for greece that doesn't using portugal, because it sums up their debt to g.d.p. ratio is rising and economic growth is slowing. the "china daily" says relations between the u.s. and maturing are maturing, as vice president xi jinping speaks candidly with american leaders about their differences. and there's a new report suggesting a quarter of the world's children are too malnourished to grow properly. hundreds dive malnutrition every hour because of the global food shortage. >> you're watching "bbc world news" with me, david eades. our main headline this hour -- syria's president says a referendum will be held on a new draft constitution as government forces continue to bombard the city of homs. 1/4 of the

legislators that you elect to actually come up with those that is right is that we want to straight time for financial experts out there and again thanks so much for joining us tonight. and time for a quick break coming up next. to the streets to protest after and i was actually listening then the u.s. government subsidizes big business with tax breaks loopholes bill or do they have it all wrong should the government really be subsidizing small startups and stay. the same or. is the drumbeat towards more money as the chattering classes discuss the possible dangers. technology innovation. elements. well here in the u.s. the internet and internet companies rose up to protest and ultimately defeat sopa and pipa for now at least but the government's response of piracy isn't just an issue on a national level it's actually global so we've spoken at length on this show about the and i counterfeiting trade agreements and as an actor and how this piles piracy and counterfeiting fears and one massive international agreement and it's billed as a global effort to stop counterfeit goods whether they be sports appa

the financial times reports they will begin in march face book is reportedly working with advertising agencies to display what it calls it featured stories. the goal is to tap a new source of revenue before the company goes public in may and they are expected to be valued at 80-$100 billion. >> everyone is talking about last night's super bowl commercials these are the ones that the usa today's scientifically chosen panel of consumers said they liked best. number 1- doritos commercials and number 2- the dog that could not fit throught the doorh the door. nbc is apologizing after the rapper mia flipped off millions of viewers during the halftime performance with madonna. nbc blammed ta failure on the system for not catching the middle finger. >> the author of a new tell-all book about president kennedy claims she had an affair with the press them on she was a white house intern. the book is called once upon icy grip, mimi alford says she was an 19 year- old virgin when the affair began in 1962. she has been working at the white house for less than a week when president kennedy invited

a frightening thing was, this is during the soviet, at the heart of the burgeon, the financial times correspondent, what was really frightening was what happened next. there were no sirens, there was nothing on the radio, nothing in the tv. there were no road bumps. there was no change of any kind. and he was very close to the airport. it was as if absolutely nothing happened. in other words, it was more important to keep silent then it was to do something about the crash, to notify those whose relatives might have been involved and see if there was any slim chance of aiding a survivor. none of that was important. the life of the society went on as if nothing happened later on i was intrigued and horrified by the extent to which people in russia disappeared. now, of course, in the west, the united states can best lead disappears, especially if it is a child, this is a cause -- there is a general alarm. it is a cause for panic and extraordinary measures to try to locate the person, but in russia thousands of people disappear without a trace, and they do so every year. in the first yea

the perception that you don't want to be in the auto industry because it goes through difficult financial times. and if you want a job in an auto plant nowadays you can't simply just say i'm coming out of high school and i'm going to work. quite often you need to go to a community college and get a couple years of technical training to work on the floor of an auto plant today. those are all kinds of things that is an ongoing process, but i'm proud to say i think we're helping lead the country in being proactive. that's why i encourage workforce development is great, but it's not enough. talent. the three "cs." connecting, collaborating and -- >> how are you moving from getting people -- >> we attacked this issue -- by the way, i agree with the governor on this point. as i have on many of the points that he's made. in our bipartisan jobs bill, we actually allocated funds to take an award winning program at one of our community colleges as no -- training in precision manufacturing and retraining folks who may have lost their jobs at lower level manufacturing to be in precision manufacturing. with

three years the l t r o is having all kinds of toxic effects which is disturb and giving that the financial times splashed a headline that the banks may draw down another trillion euros at the second l.t. are in late february well what they're not taking into consideration is that all of this debt is off the balance sheet and all the income is used immediately to pay off banking near and germany so germany has effectively to seize control of grace they've seized control of portugal they will soon be totally in control of spain and they're totally in control of the earl's own it's all legal remember they put all that bad debt off the balance sheet as keep interest rates at zero percent interest rates were to rise through three four five percent of course the game was over but that's never going to happen because there's no stopping the creation of credit default swaps and other derivatives that are used to keep interest rates artificially low so don't you don't have that risk so as long as they can create trillions hundreds of trillions of dollars worth of derivatives there you don't have interest

have quite literally ground the nation to a halt so today in paper in the finding in the city's financial times the international monetary fund the guys responsible for pushing austerity in the first place they're now saying maybe that wasn't such a good idea for a senior i.m.f. official paul thompson the architect of the greek austerity program admittedly this week that a new direction needs to be considered he told a greek newspaper we will have to slow down a little loose far as fiscal adjustment is concerned social tolerance and political support have their limitations you see with an economy on pace to lose a fifth of its wealth in the last three years unemployment in one thousand percent hundreds of thousands of people in the streets fighting with police i'd say yet you have hit some limitations but greece isn't the only nation on fire so too is the united kingdom where conservative government primarily under prime minister david cameron committed that nation to austerity cameron cameron famously proclaimed in two thousand and nine that we are now living in the age of austerity and just l