it's not going to artsy at the apec summit in honolulu. or earlier i spoke to professor john do from the chinese university of hong kong and he told me political reasons in the us are driving washington's criticism of beijing it created the difficulties of for the us to raise employment rates and. the current difficulties of the us government creating jobs the fact that. you have just passed last the competitive it's a competitive advantage in most of the traditional manufacturing industry so you you reduce their its exports to the us increasing its. other low wage emerging market countries to quote the stamp to reappraise. so these kind of debate i think the chinese leaders are quite clear. holding their try using the national interest the us presidential election is approaching. the chinese economy and they can use currency to. use their. scapegoat for us and difficult economic difficulties again. recently that's why i mean you're hearing hearing our. asia pacific leaders and why we're also trying to shield themselves from the fallout in

playing by the rules what china is calling its own shots we'll bring you all the latest details from honolulu just ahead in the program. syria seeks to reverse the arab league's decision to booted out of the organization of it growing into regime protests which critics claim are sponsored from abroad. and blasting off for orbit a crew of three had to the international space station the first since a similar rocket carrying an unmanned supply craft crashed back to earth. it's ten am in the russian capital you're watching on t.v. live from moscow with me rima joshie as a gathering of the pacific rim split it all an economic heavyweights winds down in hawaii it's the latest rift between the globe's two centers of financial influence which is dominating the u.s. has been criticizing china for its trade and currency practices i guess the future king reports from honolulu. it looks like a new cloudy chapter in the book of currency wars between the united states and china has certainly been opened here at the apec summit in honolulu as broca almost seen really mounting pressure at home to create mor

playing by the rules but china is calling its own shots we'll bring you all the latest details from honolulu just ahead in the program. syria seeks to reverse the arab league's decision to pull it out of the organization of a growing and their regime protest which critics claim are sponsored from abroad and. blasting off orbit a crew of three had to the international space station the first since a similar rocket carrying an on demand supply craft crashed back to earth. in the russian capital you watching r t as a gathering of the pacific rim political and economic heavy weights winds down and why it's the latest risk between the world's two biggest economies which is dominating the u.s. has been criticizing china for it straight and currency practices and as our season associates written reports the fact that next year's summit is taking place in russia could help solve some of the biggest sticking points. it looks like a new cloudy chapter in the book of currency wars between the united states and china has certainly been opened here at the apec summit in honolulu as broke obama seeing rea

cio we bring you all the latest from honolulu just ahead of the program. both greece and italy watch their governments fall at the height of the debt crisis but mary are wary of the new we appointed on elected officials and their links to brussels. the un atomic watchdog zeroes in on iran's nuclear ambitions again claiming the country could be building a bomb but to iran says the allegations are advocating and politicize. police investigate fresh clashes in break with possible as we report on the nearest serb resistance to what they say are awaiting attempts to control their lives. what you know if you live from moscow ninety one here on marino josh the political and economic having waves of the pacific rim are meeting under hole by struggle song for the annual apac for the summit is touching on everything from establishing a pacific wide free trade zone to you perhaps you have it simply the eurozone crisis and it's given the presidents of russia and the united states a chance to hold talks or jesus if you're going to has more from honolulu. he apec summit

china for its trade and currency practices it is nice to see if you're going to read for it's from honolulu. it looks like a new cloudy chapter in the book of currency wars between the united states and china has certainly been opened here at the apec summit in honolulu as broke obama is seeing really mounting pressure at home to create more jobs and take a stab at a tougher stance on china he has been saying here in honolulu that it's time for china to start playing by the rules of the u.s. currently doesn't have a lot of leverage when it comes to dealing with china as china of course is the largest foreign creditor for the united states holding over one trillion dollars in u.s. debt. i. mean there is any u.s. state where the movement has little chance it's probably why despite the high concentration of politicians in wall street be quick socializing at the apec summit the only place people are willing to occupy here on the ass of the beach is with one exception these protesters are against greed and social injustice they're against economic inequality and they are against china. that. the

playing by the rules but china is calling its own shots we bring you all the latest details from honolulu just ahead in the program. syria seeks to reverse the arab league's decision to booted out of the organization and growing into a regime protest which critics claim are sponsored from abroad. as just minutes before a crew of three blasted off from baikonur the first launch since a similar rocket carrying an unmanned supply of graphics crashed back to earth. it's eight am in the russian capital you're watching r t i'm wearing a joshie welcome to the program as a gathering out of the pacific rim split a call an economic heavyweights winds down in hawaii it's the latest rift between the world's two biggest economies which is dominating the u.s. has been lobbying for open asia pacific markets and criticizing china for its trade and currency practices let's now cross lifestyle correspondent as usual by first. i see so are we seeing a new round of currency wars brewing there. well marina it looks like a new cloudy chapter in the book of currency wars between the united states and china has

he joins us live from honolulu. welcome to the program. what are some of the items expected to top the agenda? >> we are looking at increasing trade. we're talking about promoting green growth and improving regulatory convergence. we are working on this to it -- we will be working on this agenda throughout the year. >> you say you were planning to increase trade. the partnership agreement is something that has been talked about a head of the summit. is this agreement close to becoming a reality? >> the partnership -- the free trade agreements can address some of the next generation issues. they have been doing work on that. we are hopeful the leaders are looking towards agreement on the framework or alkaline -- outline during this week. >> you said the leaders are looking for some formal agreement. japan, but the involvement of japan has been fairly contentious. how significant is the agreement to countries like japan? >> japan is still a major trading power. many of the countries are so dependent on trade. it is something that could be mu

hawaii to focus missile defense and russia's future at the w t o we bring you all the leaders from honolulu just ahead of the program. both greece and italy watched their governments fall advised of the debt crisis but many are wary of the newly appointed i know i did officials and their wings to brussels. the un atomic watchdog zeroes in on iran's nuclear ambitions again claiming the country could be building a bomb plot to iran says the elevations are fabricated and politicized. and police investigate fresh clashes in breakaway possible as we report on thiers sur resistance to what they say are there any attempts to control their lives. what you're going to live from moscow stan am here on marina joshing the political and economic happy weights all of the pacific rim are meeting on her hawaii's tropical song for the annual apac forum the summit is touching on everything from establishing a pacific wide free trade zone to perhaps an absolutely the eurozone crisis and it's given the presidents of russia and the u.s. a chance to hold talks are doing this is going to has more from honolulu. a

this is what you're going to reporting there from honolulu and will be bringing you more from honolulu throughout the day as the summit the year unfolds. italy could welcome a new prime minister and government as early as saturday after a final vote in the steerage finalizes the exit of silvio berlusconi the most likely successor is a former you're a grad leading to some public concern that the influence of brussels will be at the very center of national politics. has more from rome. the m.p.'s we've been speaking to here has that italy is now absolutely desperate to send a very strong signal that they're able to get the situation under control now of the measures i get that a preview today that would then of course pave the way for the resignation of prime minister berlusconi as he promised. the money he's being paid to at the moment to take the top spot is very a moment he now he's not only a respected economist here in the country but he's also the former commissioner as we've seen in greece with the appointment to the top spot for the e.c.b. official you know mario monti's a euro c

implications are said to muddy the blue pacific waters well are going to joins us live now from honolulu. to see it well european problems are causing a headache all the way over there and then tell us more absolutely marina you're absolutely right basically even though the primary primary goals of the apec summit are improving the trade relationship an economic relationship all the countries that make up the asia pacific because of the extent of the european financial crisis this is certainly a headache that's looming over leaders having gathered here and many are seeing this as sort of a continuation of the g twenty summit without the participation of the european states we are expecting the leaders gathered for the apec summit to send another push to send an extra message to the european countries to try to find to step up their attempts to improve the financial situation whereas now we have italy having replaced greece as the main threat of security there and this is something that certainly affecting the globe or mark a global markets affecting the global economy so this is an extra

are at the apec summit in honolulu. and earlier i spoke to professor john deere from the chinese university of hong kong and told me political reasons in the u.s. are driving washington's criticism of beijing it's created the difficulties for the us have to raise employment rates and. the current a difficult case of the us government in creating jobs the fact that the us has lost the competitive it's a competitive advantage in most of the traditional manufacturing industry so you know you can reduce that its exports to the us increasing its the exchange rates and the low wage emerging market countries are quite a step to reappraise. so these kind of the big i think the chinese leaders are quite clear minded of holding the interest the national interest the us the presidential election is that. the chinese economy and the chinese currency. are used as. scapegoats for us in difficult economic difficulties again. recently that's why i'm in the. game. asia pacific leaders in hawaii were also keen to shield themselves from t

c thanks very much indeed for bringing us the update live from honolulu and. asia pacific leaders in hawaii were also keen to shield themselves from the fallout in the euro zone and europe itself it's all changes technocrat government takeover greece and italy in rome commissioner mario monti is starting talks to form a new cabinet to tackle debt sarah ferguson whether leaders no one voted for will do a better job down the old crew. it was never going to be easy to put your at seventeen countries of which you know on the one currency from the very beginning attracted fierce criticism we've witnessed the beginning of a dishonest and downright dangerous german president. to revive the constitution but to do it in such a way that you would have avoided referendums in like a member states some might now be wishing they'd heeded the warnings to one after another the member states began to wobble at least being the latest country to come under scrutiny we have been witnessing in the last long. growing pressure from europe and i'm talking in particular from crohn's a

at home to create more jobs and take a stop a tougher stance on china he has been saying here in honolulu that it's time for china to start playing by the rules that there is a tradition at apec summit where leaders get together and where national costume for a photo opportunity it's really a fun time for leaders to pot each other in the back and joke around but this year journalists were surprised to see that this older photo offered hawaiian shirts never copied and we were hearing that this was because china was refusing to put the whole one shirt so it really looks like the united states had a hard time during these last two days at apac in honolulu convincing china not only when it comes to economic issues but really issues of the wardrobe as well and this is something that many analysts are not surprised to see because the u.s. currently doesn't have a lot of leverage when it comes to dealing with china as china of course is the largest foreign creditor for the united states holding over one trillion dollars in u.s. debt russia is pretty excited to host the apec summit next year in t

it's not like the arts at the apec summit in honolulu. and i spoke to professor john deere from the chinese university of hong kong he told me political reasons in the u.s. are driving washington's criticism of beijing it created difficulties and for the u.s. to raise employment rates. the current the difficulties of the u.s. government in creating jobs the fact that the u.s. has lost the comparative comparative advantage of most of the traditional manufacturing industry so you hear china reduced its exports to the u.s. increasing its the other low wage emerging market countries to quit a staff even to replace china so these kind of debate i think the chinese leaders are quite clear. holding the chinese interest the national interest the u.s. the presidential election is approaching. the case of the chinese economy and they can use the currency is used as a. scapegoat for us in difficult economic if you again saw it recently that's why i'm in the us this hearing is figuring out again. he's a pacific leaders in hawaii were also looking to

we'll bring you all the latest from honolulu just ahead in the program. both greece and italy watch their governments fall of the height of the debt crisis many a wary of the newly appointed an elected official and. the u.n. atomic watchdog zeroes in on iran's nuclear ambitions again claiming the country could be building a bomb iran says the allegations are fabricated and the. e.u. police investigate clashes in breakaway kosovo as we report on fierce resistance to what they say are albanian attempts to control the. top stories of today this week this is the weekly with me showing the political and economic heavyweights of the pacific rim meeting under hawaii's tropical sun for the annual forum where the summit is touching on everything from establishing a pacific wide free trade zone perhaps inevitably the euro zone crisis and it's given the presidents of russia and the u.s. a chance to hold talks. reports from one of the. the apec summit of course as we know gathers twenty one economies that make up the asia pacific reserve region and this is where lead

of russia and the u.s. a chance to hold talks artie's honest i see a truck and now reports from honolulu. the apec summit of course as we know gathers twenty one economies that make up the asia pacific reserve region and this is where leaders take the opportunity to focus on all sorts of ways to boost trade between the countries they work out ways to make investments easier to improve the investment climate to make the economic ties more productive and this is certainly been the focus this time around as well but of course it's been hard this year for leaders to avoid the european financial crisis because this is something that's looming over the world's economy something that's been very hard to avoid because it impacts all of the countries and are certainly not just europe there have been dozens of protesters here in honolulu gathering for their own anti apec meeting if you will and they have been protesting everything from open and free trade to globalization the protesters have been seen as sort of a continuation of protests going on throughout the united states of the world the so-c

hawaii to focus missile defense and russia's future of the w g o we bring you all the leaders from honolulu just ahead of the program. both greece and italy watch their governments fall at the high of the debt crisis but many are wary on the newly appointed and elected officials and their links to brussels. the un atomic watchdog zeroes in on iran's nuclear ambitions again claiming the country could be building a bomb but iran says the allegations are fabricated and for the size. and the police investigate fresh clashes in breakaway cost of oil as we report on theorists are resistance to what they say are awaiting attempts to control their lives. this is r.t. coming to you live from moscow and here in marina joshing welcome to the program all the political and economic heavyweights of the pacific rim are meeting under hawaii's tropical sun for the annual apec for a summit is touching on everything from establishing a pacific wide free trade zone to perhaps inevitably the eurozone crisis and it's given the presidents of russia and the u.s. a chance to hold talks are his and he says honestly

president is going straight from the asia-pacific cooperation forum in honolulu. this visit comes as the two countries marked a 60-year security alliance. they are expected to announce plans for expanded military cooperation. we could also see a pledge by president obama to refocus on allies of the asia-pacific region. there is australia's prime minister walking out onto the tarmac to welcome barack obama up. this visit was twice delayed. it has finally happened and is expected to focus on security ties. joining me now from sydney is our correspondent duncan kennedy. this visit is expected to focus on security ties. there may be other things on president obama's agenda as well. >> very much the emphasis on security. after his meeting in hawaii, the focus will now be on security. he is gone to address the australian parliament on thursday. we know from one of this aid on the flight over on air force one, he has told reporters that the president will be talking about increasing the american military presence in australia. he would not put any numbers on a time when

are at the apec summit in honolulu. just a bit earlier here on r t we spoke to professor from the chinese university of hong kong he told us that it's the political reasons in the united states that are driving washington's criticism. it's created difficulties for the u.s. and to raise the employment rate. the current the difficulties of the us government in creating jobs the fact that the us has lost the compared to its comparative advantage in most of the traditional manufacturing industry so you hear china reduced its exports to the us by increasing its. other low wage emerging market countries with a staff to replace. so these kind of the big i think the chinese leaders are quite clear minded holding the chinese interest the national interest the us the presidential election is approaching and they can use case they can use economy and they can use the currency is used as a. scapegoat for us and difficult economic difficulties again saw it recently therefore i am in the us that's a very it's a theory and i can again

the focus in the south of france and russia's future at the w g o we bring you all the latest from honolulu just ahead of the program. both greece and italy watch their governments fall at the height of the debt crisis but many are wary of the newly appointed an elected officials and their links to brussels. the u.n. atomic watchdog zeroes in on iran's nuclear ambitions again claiming the country could be building a bomb but the iran says the allegations are fabricated and politicized. and e.u. police investigate fresh clashes in the breakaway cost of us we report on fears serb resistance to what they say are already attempts to control their lives. watching r.t. coming to live from moscow i'm marina josh welcome to the program all the political and economic having waves of the pacific rim are meeting on there why is tropical song for the annual apac form the summit is touching on everything from establishing a pacific wide free trade zone to perhaps inevitably the eurozone crisis and it's given the presidents of russia and the u.s. a chance to hold talks are going to see if you're going it

at home to create more jobs and take a stuff a tougher stance on china he has been seeing here in honolulu that it's time for china to start playing by the rules as we know of course the united states has been incessant and demanding that china increase the value of the you on the united states believe that an undervalued currency creates an unfair competition for the united states and the u.s. presidents wants to make sure that this is something that's gotten rid of because it creates an unfair disadvantage for american businesses but china is really refusing to cooperate when it comes on the to this because they're saying it's their sovereign right been calling for mutual respect when it comes to decision making in the global markets and mentally many analysts have by have to see been saved and standing behind china since this is a sovereign right of regulating currency china is completely fair to to abide by now it's interesting that while hu jintao has been quiet politically correct while speaking on this issue there is a tradition at apec summit where leaders get together and where na

are at the apec summit in honolulu. and i just spoke to professor julian from the chinese university of hong kong he told us that political reasons in the united states are driving washington's criticism of beijing it created the difficulties before the u.s. had to raise employment rates. the current the difficulties of a u.s. government in creating jobs the fact that the u.s. has lost the competitive it's a competitive advantage in most of the traditional manufacturing industries. here china reduced its exports to the us i increasing its injury have a low wage emerging market countries with stephanie to replace that account so these kind of the big i think the chinese leaders hike in my view that you're going up holding the can you interest the national interests that the u.s. is president for the africans coaching's. china the chinese case the chinese economy and the chinese currency i use that as a go ask scapegoat for us a difficult economic difficulties again. the recent thread that's why i am in the us it's nearin

focus on the sales of friends and russia's future at the w t o we bring you all the latest from honolulu just ahead in the program. both greece and italy washed their governments fall at the height of the get crisis but many are wary of the newly appointed and elected officials and of the earliest brussels. to view an atomic watchdog zeroes in on iran's nuclear ambitions again claiming the country could be building a bomb but iran says the allegations are fabricated and politicized. and a usual nice investigate fresh clashes in breakaway cause it was reported on fear is serve resistance to what they say are already attempts to control their lives. because one pm in the russian capital you're watching r t the political and economic heavyweights of the pacific rim are meeting under hawaii's tropical sun for the alula a path for a summit is touching on everything from establishing a pacific wide free trade zone to perhaps inevitably the euro zone crisis and it's given the presidents of russia and the u.s. a chance to hold talks are jesus the future has more from honolulu. the apec summit of

focus in the south of france and russia's future after w t o we bring you all the latest live from honolulu just ahead of the program. the leaning tower of berlusconi finally falls the italian prime minister resigns after parliament approves a new austerity package intended as a last line of defense against collapsing confidence in its economy. the arab league suspends that syria recommending sanctions against the country in an effort to force president assad to end of the deadly unrest that's claimed more than three and a half thousand lives. and broadcasting live direct from our studios in central moscow this is r.t. glad to have you with us the annual apec forum has brought together the world's political and economic heavyweights from the asia pacific nations in hawaii this weekend the summit touches upon a vast number of issues ranging from establishing a pacific wide free trade zone to the eurozone crisis we're now joined live by our t's on the star trek and who is in honolulu see it thank you for joining us now first president obama and medvedev are holding talks as we speak what is e

and we're live from honolulu in just a couple of minutes. >>> an interim prime minister for italy hasominated. mario monti, an economist, and a former european union commissioner. monti's nomination has to be approved by italy's parliament still. ♪ hallelujah hallelujah ♪ ♪ hallelujah hallelujah ♪ >> they were singing upon notice of the former italian prime minister silvio berlusconi stepping down, singing "hallelujah" in the streets of rome. >>> so back here in the u.s., when the penn state sex scandal came to light, many people started quickly making comparisons to the catholic church child sex abuse scandal. cnn.com religion editor dan gilgof is here to talk about that. in your article, there are real parallels being drawn between what happened with penn state or at least this investigation and how the investigation has also taken place involving the catholic church. >> right. there are so many seemingly striking parallels, one of the first big ones is the male-dominated hierarchy of the church with priests and bishops and the pope himself and the way that might have played a role

. >>> the asia-pacific economic cooperation forum summit opened at day two in honolulu, hawaii, on sunday. leaders of the 21 apec economies exchanged views on economic collaboration as well as growth and employment in the asia-pacific region. >> we'll be discussing how we can work together to spur on quicker economic growth, and more sturdy and sustainable economic growth. >> on the sidelines of the apec summit, leaders of nine pacific rim nations participating in the u.s.-led tpp free trade negotiations held talks. they include australia and singapore. the nine countries said in a joint statement released on saturday that they broadly agreed on the elimination of tariffs and ways to increase investment. amid a prolonged economic downturn at home, he wants to create jobs by boosting exports through the tpp. >>> prime minister yoshihiko noda gave japan's perspective on the tpp in a separate meeting with president obama. noda and obama talked on the sidelines of the summit. >> i'm confident that working together, we can continue to build on that relationship in the areas of commerce, in the

our dan lothian is there with the president in honolulu., good morning to you. >> reporter: good morning. >> before we get to the summit and the trade talk that might be taking place, the president is chiming in on what really has been the story of the week. that's what's happening at penn state. >> that's right. obviously, the whole situation is heartbreaking. and we think first and foremost of the victims of these alleged crimes. but i think it's a good time for us to do some soul searching, every institution, not just penn state, about what our priorities are and making sure that we understand that our first priority is protecting our kids. and, you know, we all have a responsibility. we can't leave it to a system. we can't leave it to somebody else. each of us has to take it upon ourselves to make sure that our kids have the love and support and protection that they deserve. >> and my apologies there to you, dan. we jumped the gun on you a little bit. but the president last night taking a moment because he made a stop before he made his

for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. shell. and union bank. >> union bank has put its financial strength to work for a wide range of companies, from small businesses to major corporations. what can we do for you? >> and now, "bbc world news." >> stock markets rise as greece takes step to tackle the debt crisis in the euro zone. the death toll from the crackdown on protesters escalates. standoffs in turkey suspected kurdish militants hijack a ferry with 24 people on board. welcome to bbc news, broadcast to our viewers on pbs in america and also around the globe. coming up a little later in this program, mexico's interior minister has been killed in a helicopter crash three years after his predecessor died in similar circumstances. and remembering the war dead, armistice day is marked by silence in ceremonies around the world. >> hello, and welcome once again. stom reacted positively after italy moved to tackle its debt crisis. with the italian senate approving a long delayed economic reform packa

s economic trauma artes and the start of takes a look now at what's on the table in honolulu. basically even though the primary primary goals of the apec summit are improving the trade relationship an economic relationship of all the countries that make up the asia pacific because of the extent of the european financial crisis this is certainly a headache that's looming over leaders having gathered here and many are seeing this as sort of a continuation of the g twenty summit without the participation of the european states we are expecting the leaders gathered for the apec summit to send another push to send in an extra message to the european countries to try to find to step up their attempts to improve the financial situation so this is an extra message important message that we're expecting to hear a lot of about here on the ground in the next few days to come even though the the top topic and the substance of the effect summit is usually traditionally konami issues certainly political issues are surfacing we've been hearing because of the situation in syria where anti-gov

and of reporting there and what we really have more from honolulu throughout the day as the sun also steam for that if you can. easily could welcome a new prime minister and government as early as saturday after a final vote on a spirit finalizes the exit of silvio berlusconi the most likely successor is a former euro crap leading to some concern that the influence of brussels will be at the very center of national politics or words from rome. the emphasis really here now is on decisive action and the front runner that's emerged recently is a man named mary muncie he's a former economic and he says they've noticed amongst politicians here that amongst you is a need is what i do we've also seen the top spot in greece taken by former e.c.v. official there is any concern amongst the public in these countries that what you're seeing now is an extension of brussels in the sense the surely that is what's happening again the m.p.'s that we're speaking to are saying that this take quite government now is really good it is pushing through these harsh measures just getting them off the ground

he's hosting an apec summit in honolulu. the president of the united states live just as soon as he comes up to the podium. >>> let's move on and talk about the occupy movement. police in portland wasted little time tearing down those camps we mentioned. earlier this evening i spoke with one of the protesters and the mayor about the police action. >> we worked really hard to keep the peace here in portland. this is our fifth -- fourth or fifth police action. there's not been any serious injuries. we've not used tear gas or rubber bullets or those kinds of things. we work really hard, even in passionate moments like you are seeing now to make sure that the coolest heads prevail. and i want to really give a shout-out to the portland police bureau for their professionalism and also the organizers of occupy portland who work really hard as well to keep the peace. >> we feel strong that this community supports us and we feel -- i'm sorry, i should say that i can't speak on behalf of occupy portland. i can only speak on behalf of

hawaii the focus missile defense and russia's future at the w t o we bring you all the latest from honolulu just ahead in the program. rewriting history in europe new governments being formed and prime ministers replaced and then britain greece and italy as both nations race to pull back from the financial abyss. plus a un report claims iran might be seeking to obtain a nuclear weapon that around the allegations as the u.s. backed smear campaign. of an attack at the week's top stories and the latest developments this is. the creation of a landmark free trade zone dominated talks at this year's apec summit which brings together the leaders of asian and pacific rim countries barack obama hosted the get together and who i met up with dmitri medvedev to chile with some pretty hot topics and started. the apec summit of course as we know gathers twenty want to call it means that the asia pacific reserve region and this is where leaders take the opportunity to focus on all sorts of ways to boost trade between the countries they work out ways to make investments easier to improve the investment cli

the situation reporting there and we'll be bringing you more from honolulu throughout the day as the summit there unfolds. italy could welcome a new prime minister and government as early as saturday after a final vote on a steer the finalizers the exit of silvio berlusconi well the most likely successor is a former euro graph leading to some public concern that the influence of brussels will be at the very center of national politics let's now cross to the server of the spalding discourse in rome so sarah berlusconi aramaic officially and as soon as today and how do the tines feel about that. well there's certainly a sense in the country at the moment that not only is change needed but it's been a long day that year we saw that reflected in the market and international loss of confidence this week in italy the austerity measures are expected to get final approval stay in the lower house of parliament we saw them pass reasonably easily through the senate yesterday the prices. being such quick reaction to this because the m.p.'s we've been speaking to here said the italy is now absolu

at home to create more jobs and take a stop a tougher stance on china he has been saying here in honolulu that it's time for china to start playing by the rules of the u.s. currently doesn't have a lot of leverage when it comes to dealing with china as china of course is the largest foreign creditor for the united states holding over one trillion dollars in u.s. debt russia is pretty excited to host the apec summit next year in the far eastern city of lot of us basically russia is not only just geographically very well strategically placed for the asia pacific. gathering and this big economic group because of the where it is on the world map it's really convenient in terms of reaching the goals of the group in terms of boosting trade boosting investment so on and so forth but it's also traditionally been a big mediator when it comes to certain misunderstandings between world players so this is certainly a good role that russia can play when it comes to continuing to develop the goals of the gathering and of course last but not least you know russia's accession to the world trade organizat

i see it you're going to reporting there from honolulu well to discuss this further i'm joined now by professor john do assist and vassar from the chinese university of hong kong's rejoinder thank you very much for being with us here on the program well as you have just heard about the agenda of the some of the euro crisis of course is expected to come up there in hawaii and mainly because everyone expects china to get involved but talk us through the reasons why china would hand over cash to you or. i think i mean china. is considering contributing a bit to the rescue package if you are the two who promoted you to soft power and then you pull you to relations with the you but i guess i've critic that the chinese reader is will contribute to the money to now so much i mean as a chick as a. gesture of good i mean a gesture of friendship to to the e.u. but to. the investment itself i mean you know european pop is. because of you that china. is a part of the european countries. well what's interesting though i mean now the attention is kind of going east towards for help i mean china is

he's an associate you're going to report there from honolulu where the summit is being held near one of the most beautiful coastlines in the world and as a boy tweets from honolulu aloha spirit is ruling the gathering she's particularly impressed with the undercover special agents dressed to the nine in their full hawaiian shirts and flipflops who are trying to casually patrol the preachers for the last of the under school come for more first time impressions of the summit. or china which is a holding cash reserves may offer the best chance of help for debt stricken countries but the rise of the asian giant with his financial might is not being met with open arms by the u.s. . who set up explains. we know. maybe. it's. time the boss. she ends up going to get warm and go. change the future you have to yikes ok let's just get right down to it shall we should we be afraid of china. well what other place in washington d.c. is chinatown to find out i don't think we have to be afraid of china but i do think that we should be concerned well i think concerned might be the right word for it a