. >> the italian navy has rescued more than 1100 migrants from overcrowded rafts in the waters south icily. the migrant were on nine large rafts when rescued by four navy patrol vessels. the arrival in italy more than tripled in 2013 from the previous year, fueled by serious civil war and conflict in africa. some 2000 migrants landed on italys shores last month alone, 10 times the number of january, 2013. we can get the latest on this now from rome. more than 1100 people rescued from the sea in a single day, but of course, let's not forget that their fate remains uncertain. on average, we're told three out of four asylum applications are denied, so what will happen to them now? >> we just spoke to the italian navy which confirmed the number of migrants rescued in the last 24 hours was 1,123, most coming from syria. what's going to happen next to them? >> they will arrive tomorrow morning in sicily. after that, they will be scattered around got ili at the reception centers where they will start a very lengthy asylum application process that may last as long as 18 months, during which t

the italian navy rescued 1100 migrants on nine rafts from africa toward sicily.remember all of that talk about how the ecb's low interest rates would be to price inflation? it looks like the hapless at -- the opposite scenario has come to pass. >> deflation has been squeezed by austerity cuts and unemployment. the prices plunge and that is the case for real estate and other assets in places like ireland, spain, and greece. >> this banker is not concerned. he says growth is around the corner. >> the head of the central bank, mario draghi, has brushed off suggestions there is a deflation problem. he denies the eurozone is experiencing a sustained fall in prices. >> is there a deflation? any answer is no. there will be a subdued inflation, a low inflation, for an extended period of time, but no deflation. >> he says the eurozone is experiencing so-called "dis- inflation." threats still exist. >> developments in financial market conditions and related uncertainties, notably in the emerging market economies, may have the potential to negatively affect economic conditi

trying to make it to europe is the italian island of lampedusa, and today, in just 24 hours, the italian navy rescued more than 1000 people that were found in vessels around 120 miles south east of lampedusa. among them, 47 women, or of them pregnant, and if the children -- 50 children. serbia has agreed to let civilians leave the besieged it willhoms and says allow aid convoys and. united nations has welcomed the agreement. and eight people drowned as hundreds of african migrants attempt to swim from morocco to the spanish enclave of spain just as italian authorities rescued more than 1000 people off the coast of lampedusa. those are our top stories this hour. let's bring you up-to-date with the businesses now. marcus, the european central bank will not be putting rates up anytime soon, it seems. >> well, we don't know. maybe next month, but at least not this month in february because the european central bank says it's keeping it benchmark interest rate steady at .25%. it is resisting calls to bring rates down further to stimulate the euro zone economy. and a monthly press conference, the e

on wednesday the italian navy rescued more than eleven hundred migrants. sailing on board nine large rafts from africa. it was sizzling the girl that talk about how the ecb low interest rates would lead to price inflation in europe. well it looks like the exact opposite scenario has come to pass price the inflation especially in countries where the money supply has been tightly squeezed by austerity cuts and high employment. when no one's buying the prices plunged in. that's the case right now for real estate and other hard assets in places like ireland spain greece think about isn't concerned he says growth is just around the corner the head of the european central bank mario draggy has brushed off suggestions that the eu economy has a deflation problem. he denies the eurozone is experiencing a sustained fall in prices is there a distillation katie and cities known silly of me as sub fuelled inflation the real inflation for a new expanded protracted period of time. ignore the solution. jackie says the eurozone is experiencing so called does inflation rath

the italian navy sent to intercept migrants before they reach the mainland. >>> one of the world's greatestuitarists has died. paco delucia suffered a heart attack in the mexican seaside resort of cancun at the age of 66. that's all the news from europe. darren in doha, back to you. >> jonah thank you. now strong winds mean people in beijing can breathe a little easier. for days the city has been covered in smog 20 times higher than healthy levels. >> reporter: they can finally see the sun. after nearly a week of smog they have been suffering like the rest of northern china from hazardous pollution levels. but being home to much of the country's iron and steal production, they have had some of the worst air. >> the smog was really bad this time. we couldn't even see the up. >> there are too many cars and too many factories. the government should do something as a priority 2347 in nearby beijing people have been living in a twilight world under polluted skies. you can see and smell the pollution. you can also touch it. this is the car we've been traveling around. it was last washed three day

. >> the italian navy has rescued more than 1100 migrants from nine overcrowded rafts in the water south of silly. sea arrivals in italy, more nan tripled in 2013, over the previous year. fumed by syria's civil war and conflict in africa. some 2,000 landed on italy's shores last month alone, nearly ten times the month of january 2013. tim friend has more now. the sea is calm, and the weather has been good. perfect conditions to try to escape poverty and seek a new live. the latest impact with desperate migrants is spotted by the coast guard, 200-kilometers off land. the island midway between the coast and italy. there all, there were eight boats and a barge, containing a total of 1,123 people. those onboard, including 47 women, four of them pregnant, and 50 children. they were taken onboard for medical treatment on the way to the sicilian port. a humanitarian operation has been taking place for more than three months. and to avoided a repeat of the tragedy, that happened last october, when more than 300 migrants drowned. the chance of being rescued may be encouraging more migrants to att

navy. >> basic, we have two fantastic aircraft carriers on their way. we are making the point that italy does have a functional aircraft carrier. >> the italians use thems maserati dealers. >> it is interesting when you look at diplomacy. italy has been very good at playing the card as of late. is that the best use of the aircraft carrier? maybe not. there are a lot of people on the gulf who do want to drive very fast cars. we forget that the italians also make a very significant contribution to various deployments in rather hot dealers all over the world as well. >> stay with us. we have lots more to get to. we will dig into some of the companies that are driving italy forward. still to come, beer goggles. a.b. inbev is in business and the united states even as americans get a taste for craft brews. why small-scale can be big business area we will see you a little later. ♪ >> 25 minutes past the hour, welcome back. you are watching "the pulse." it is time for a look at today's hotshots. daredevils decided to get unconventional. this frenchman flew by the giant statue in a dramatic fashion. one went over and one when under. quite a view. new images fro