a negative germany cand receive from solid budget situati country haven estors as debt for italy no 0 >>> u.s. sto gains overnight. tokyo stu.s. jobs numbers last than the market consensus. this off this>> very good morning to you, ai. jobs number bullish tone markets. will n, keyfrom u.s. companies, also that's should be a and we have europe, bo italy european meets th let'sook at opening tuesdaytokyo. othe. points.day for public holiday, endedhe week. that w further yen which exporters on the b investor keen how things d olympus. the weekendmay be announcementexecutives including president of the camerasuedlows the corporateandal that erupted late lou remember. forjapan's willumer toshiba, anese makers lining 3d tablets and devihere as ai? >> focus on bond this hecies trade thg euro a at the focus tuesday morning you can see 98.21. below the lastrecently so focus. auctions italy and spai go could see the majorfocus. genera coming up central thursday and bon for in january, >> ramin, tokyo >>> nissanre gasoline the united ates.man automakers a engines announcedsunday.an spokesperson

everybody knows that france is no longer aaa everybody knows that italy is no longer as highly rated as it used to be and market knows all of this quick someone call aaa looks like the european market is in desperate need for some roadside assistance author and investor jim rogers explains why this might be the little market that could. good evening it's monday january sixteenth seven pm in washington d.c. i'm christine you're watching r t some thoughts this evening on the state of journalism in america things are changing of course with the addition of facebook and twitter social media vehicles that make it so that news is reported as it happens and it's not just people typing up what they're seeing there are photos and videos attached so you can see it too from revolution in the streets of egypt to moammar gadhafi is a brutal beating and death on camera for the world to see to cell phone videos capturing every gaffe of every presidential candidate at every campaign stop it's hard to argue that we're not much more well informed now especially when it comes to knowing what's happenin

everybody knows that france is no longer aaa everybody knows that italy is no longer as highly rated as it used to be the market knows all of this was just a bit of the world was a school room in europe they certainly wouldn't be the head of the class in spite of the downgrade by standard and poor's credit rating agency the european markets are think verily author investor jim rogers will put credit ratings to the test. it is monday january sixteenth five pm in washington d.c. i'm christine and you're watching our team. fall let's talk today about the state of journalism in america things are changing of course with the addition of facebook and twitter vehicles that make it so that news is reported as it happens and it's not just people out there putting up with they're seeing their photos and videos attached so you can see it too from revolution in the streets of egypt to colonel moon moammar gadhafi is that brutal beating and death on camera for the world to see to cell phone videos capturing every gaffe of every presidential candidate had every campaign stop now it's hard to argue

everybody knows that france is no longer aaa everybody knows that italy is no longer as highly rated as it used to be the market knows all of this standard and poor's as of the european market is well known for or at least worse off than before but in spite of the downgrade european markets are starting the week off strong author and investor jim rogers walk us through the ratings roller coaster. well it's monday january sixteenth eight pm in washington d.c. i'm christine for watching r.t. . well the dances evening on and the state of journalism in america things are changing of course with the addition of facebook and twitter the vehicles that make it so that news is reported as it happens and it's not just people typing up what they're seeing there are also photos and videos attached so you can see to it when it happens from revolution in the streets of egypt to colonel moammar gadhafi brutal beating and death caught on camera for the world to see to cell phone videos capturing every gaffe of every presidential candidate at every campaign stop it's hard to argue that we're not much

s were taken away from us immediately and bacon italy no understand when we got aboard oh so they took away your post to give them back at the end of your cruise yes there is an unspoken rule regarding tourists from former soviet republics to take away international passports when they board cruise liners which i. i actually find quite humiliating why do they do it perhaps the europeans are afraid of a large inflow of russian tourists but they aren't afraid to volunteer and for instead as you've already made what else what if we decide to stay somewhere with our passports in hand only see they want to ensure you didn't get off the boat somewhere so this way you could only get off with a migration card in hand so no you're waiting to get your postpones back from the tel in company now we don't we went to the consulate where they issued a special paper so that we could return from there on our passports became invalid so they can just keep them now we are using our passports waste means having to pay a lot of money and all of running around getting different papers together it's a compli

italy. one that defected to these the second lenders manufacturing economy in europe so it is no greece is no spain and there's no ireland we have the second largest manufacturing kind of we have to after germany and the other thing is the private wealth in italy is very high in the level of private dent he's very low. in many ways he. has potential to combine into these craters the one thing we have to mention which is that in this is where we view the problem as otherwise we couldn't. understand the difference between italy which is one hundred and twenty percent in japan which is two hundred percent and one of the problem is that a little less than half a liter in there isn't for you means that is the other side of the problem right of course and that's something we see italy continuing to struggle with as part of this euro zone solution i'm curious though what you said about insight into italy you can mention that it's a nation of savers their private wealth is high that brings me to another comment kind of criticism that seems to be out there in the in the public narrative which is that

crews have pulled five more bodies from the wreckage of that crippled cruise ship off the coast of italy. no world of the missing minnesota couple among those found. the captain was arraigned just this morning on charges of manslaughter and for abandoning ship. the captain denies the charges but new audio has emerged indicating that he fled before all the passengers were off and resisted repeated orders to return. michelle, what else do we know that's been revealed from the audio tapes here? >> reporter: it's been a day full of activity. searchers were able to punch a hole using explosives, but it was no sign of life aboard. what's shocking people that at the same time the search was going on the captain was facing the criminal charges of manslaughter, causing the wreck and abandoning ship. most shocking to people is that audio tape. a recorded phone conversation between the captain and the port authority about three hours after he veered off course and hit the rocks. repeatedly the port authority orders him to get back on the boat saying you need to go back on there. tell me how many men, w

no happy ending in site. >> well, there is some good news. italy and spain or appear to be emergency cases, but the great -- italy and spain no longer appear to be emergency changes -- emergency cases. one thing is for certain. if greek society is as troubled as ever because of the demands being put on the. -- on the. >> at the ends of reform plans represent a threat to its livelihood. he and other licensed cab drivers have been striking for months in protest of the greek government plans. he is strongly opposed to more licenses being issued. >> is just anyone could get a license, athens and the rest of -- if just anyone to get a license, athens and the rest of greece would be full of taxi's. and no one would make money. >> wherever you go in athens, he will find someone angry about the reforms. many pharmacists have been shedding their shops in protest in recent weeks. he objects to extending his opening hours. up until now, the pharmacy has been closed two afternoons a week. >> with longer opening hours, our expenses would rise significantly. we

years has been wrong i stopped bothering him long ago everybody knows that france is no longer aaa everybody knows that italy is no longer as highly rated as it used to be the market knows all of this this is not news i know you have to report something but this is not news to people in the market nevertheless sometime markets do react to these rating slashes bias in pay and other agencies specifically saying this time around that europe's austerity budget policies which you argue we already obviously know are not enough to get out of the debt crisis what's your view specifically on the crisis and how to get out of it but the best way to get out of it is to go ahead and let people go bankrupt that the people who made mistakes take their losses the banks who made the bad loans the people who invested in in the bad and the bad banks they should take their losses and start over it looks as though the e.u. is about to make some of them take some losses and that will be good that way we can start over and go forward the problem ms no way is they're not doing enough they're not taking enough losses they're hoping

italy. >> reporter: with no word of missing loved ones, no diving today, the families gather to place flowersn the sea. efforts today focus on monitoring that ship, even using sensors lowered from helicopters yesterday, and underwater robots to see changes up close. also revealing a boot, a pillow, the chairs from on deck. from the searchers' perspective, a shifting environment from below. stunning to see a modern-day "titanic." the ship's bell, the deck where passengers would have come to be rescued. gigantic chain and anchored lowered to swing the ship and beach it here. more video from just after the accident, a crew member reassures passengers. "we kindly ask you to go back to your cabins until we resolve the electrical problem. everything is under control." on this tiny island where this pizzeria has become a town hall, this engineer, an expert in shipwrecks explains concordia's precarious position. it is teetering on rocks only around 100 feet from this, a steep drop-off more than 200 feet. we asked how big a risk that really is right now? "big," he said. not huge, but big. but he said

regulations there's no there's no crime busters in italy breaking up the mafia they're just like there's no regulators in the u.s. or the city of london breaking up the money launderers of the financial terrorist rings in those cities the article says of as i said old style gangsters are no longer there they look like professionals they are bankers their lawyers their accountants they operate in the guise of that they call it this is extortion with the clean face through their professions they know the mechanisms of the legal credit market and they often know the financial position of their victims perfectly the basic rule of thumb whether in the mafia or on wall street is that for every billion in loans you create you get a million dollar bonus that's the big. so you think about this way america's got fifteen trillion in debt that created fifteen billion in bonuses on wall street there are hundreds of trillions of dollars worth of derivatives or debts or loans in the system what was last year's bonus pool and wall street one hundred fifty

italy. there are no reports of any americans being among the dead and injured. the captain, however, is under arrest. a local prosecutor says he is being investigated for manslaughter and abandoning ship. at least three people are dead. rescue crews and survivors say the death toll is likely to rise. >> translator: i am afraid the people with me the entire time are dead. i think the two people i was helping the entire time are dead. i don't know where to ask. >> the reporter is at the port where survivors are being taken and will join us with an update seven minutes from now. >>> republican presidential candidate rick santorum solidified his social conservative base in a big way. the family research council led a gathering of religious conservatives in texas today and the group decided to endorse santorum. tony perkins will join us live in a few moments. >>> it looks like a federal judge torpedoed any shot of these gop presidential candidates winning the virginia primary. he says rick santorum, rick perry, newt gingrich and jon huntsman took too long to file so

because those are ordinary people on to be respected you know says oh no you're doing you doing a movie about the twenty's in italy that you're moving to go for the great no i'm with mussolini very sinister. but it's really it's also telling the story of my family i did some research on my mom and my father's side and that book really represents something that you know my my family went through ok and then some thank you thank you very much miss me a pleasure for being with us and just a reminder that my guest today was spare as an actor photographer director and script they have to come to rue art gallery to my work you should seize words i've seen some of them right here in this gallery they're great trust me thanks thanks once again and that was spotlight if you have something to say if you have someone in mind to you think we shouldn't. just drop the album at. the dot are you and let's keep spotlight interactive we'll be back with more for us on comments on what's going on outside russia until then they are r.t. and take care thank you thank you you thank . silenced for siding with protesters journalists in ir

solid budget situation makes the country a safe haven for investors as debt worries for italy and other members show no signs of easing. >>> u.s. stocks made modest gains overnight. we go to ramin mellegard at the tokyo stock exchange. u.s. jobs numbers last week came in better than the market consensus. this week, u.s. quarterly earnings. how are stocks kicking off this tuesday there? >> very good morning to you, ai. the u.s. jobs number friday sets a bullish tone for global markets. more positive tone if you will, but as you mention, key earnings from u.s. companies, also that's coming off as well. should be a focus. and we have key events in europe, bond auctions in italy and spain and european central bank meets thursday. let's have a look at opening levels this tuesday in tokyo. a positive start for both indexes there. nikkei is up 39 points. it was closed monday for public holiday, ended last week lower on the week. that was due largely to further gains in the yen which has kept exporters on the back foot. investors in japan are keen to see how things develop with olympus. it was learned over the

italy, too. >> it was a no-brainer. >> tom: fernand talpe and his wife are french. eight months ago, they paid nearly $2 million in cash for their waterfront home. talpe, a commodities trader, chose miami over brazil when looking to relocate his business. >> at that time, the euro was very strong. i think i bought the house when the euro was at 145 against the dollar, so of course at comparative-- it was still expensive in dollars, but if you compare that with euros, it was a real bargain. >> for foreigners with a strong currency, which is obviously going to change very soon with the euro which is crashing down, but, no, we bought it already so miami has so much opportunities... >> reporter: buyers across the nation are putting up cold, hard cash. in december, 28% of existing home sales across the country were cash deals, and most of those buyers are investors. they don't plan on living in the homes they're buying. mark pordes manages condominium sales at canyon ranch miami beach, a luxury building on the atlantic ocean. prices range from $300,000 to over $3 million

. >>> amanda knox apparently has no hard feelings at italy. her lawyer says she loves italy and would like to go back to perugia. she may go back in the fall to testify at the trooil of her parents. they're charged with slandering the police. >>> there's word this morning that actress demi moore was rushed to the hospital in los angeles. she's under stress and seeking professional help for exhaustion. there are also reports that she's entering rehab for substance abuse. moore, of course, split from ashton kucher in november after six years of marriage. we'll have lots more on this coming up on "gma." >>> and a big legal victory today for garth brooks. a jury in oklahoma ruled a local hospital must pay the country singer $1 million for failing to build a women's center named after his late mother. he donated $500,000 for naming rights but sued when the hospital used the money for different projects. >>> now time for sports. >>> this is your espn news update. let's start with the nba. dwight howard and the magic taking on the pacers. pick it up

italy. and there's no one big enough to bail us out.ing, and to finally balance our budget. [ applause ] >> the president thinks the right course for healthcare is to have government run it. i think the right course is for government is to repeal obama care. the president thinks the right course for america is to insist that we have unions, even where employees don't want them. his people said that boeing can't build a factory in south carolina, because they are not a union factory, well they are wrong, we believe in free enterprise. >> mitt romney talking about jobs and the economy. we want to get breaking news to you now that we are learning concerning the keystone xl pipeline. it not independently verified but politico is reporting that the white house will reject the pipeline today. we are working to independently confirm this report. the pipeline will run from canada to texas, and environmentalists are opposed to the pipeline because of environmental conditioncerns, republicans are saying it's a missed opportunity to create jobs an

wasn't, a lot of really conservative german people, many bundis bank people would have said there's no way italy will be part of the euro, for all the reasons people think aboutity at italy, but it does. a lof corporate germany said there's no way we're developing this thing withouthem being in. so it's very complex. >> rose: at's the likely scenario. >> my best guess. >> rose: and what's the worst scenario, and what number would you put as its probability? the. >> the worst scenario involves two separate paths that could collide. one would be-- you know, we can't get through a sensible negotiation about the greek debt restructuring, and sometime in the next f weeks, we suddey ke up oneday, and a greek leader has said,un" what, guys, we're not paying any of it back." and there's a very messy greek default. on the back of, that some german policy makers lose their patience, especially because they perceive many domestic gean voters don't like paying for all these guys, so germany ys, "you're out." >> rose: you get a kind of nationalist politician on both ends. >> yes, so that is a very dangerous

budget situation makes the country a safe haven for investors as debt worries for italy and other eurozone members shows no signs of easing. european council president has welcomed the euro's decline against other currencies. he said in copenhagen on monday the weak euro will help promote the region's exports. he said the key to resolving the debt problems is to boost economic growth while boosting fiscal discipline of member nations. he said specific measures will be discussed at the eu summit to be held in three weeks. he also expressed hope the eu and japan will soon begin official talks for a free trade deal. initial discussions are already in progress. the aim is to start concrete negotiations by june. >>> time to get a check on markets. tokyo stock prices are up slightly this tuesday morning after a three day weekend as investors bought back recent decliners. the nikkei average currently at 84 the 19, up 28 points. a gain of one-third of a percent. the topix is up two thirds of a percent currently at 733. investors are reluctant to engaging active trading because they are still wary of the yen's rise

italy. the ship sustained damage but no one was injured. whatever caused this accident, it is publicly unusual for a vessel so modern to capsize, says mark rosenker. >> these vessels are built with water-tight safety precautions built into them. so there will be questions asked about the design of the vessel and if in fact various water-tight precautions that were built into it failed. >> reporter: the italian coast guard has recovered the "concordia's" black box. if intact, it will provide crucial information to investigators, including voice recordings that will reveal how the crew reacted when the ship ran aground. tony guida, cbs news, new york. >> turning now to campaign 2012. today, rick santorum won the endorsement of a powerful group of evangelical christian leaders. the move comes as social conservatives try to unify around a single, alternative candidate to the front-runner, mitt romney. our bill whitaker is on the trail in charleston, south carolina. >> reporter: the news from texas couldn't have come at a better time for rick sa