that was our tease laura smith reporting. and david petraeus the four star general and former cia director will be joining the faculty of harvard's john f. kennedy school of government currently he's a visiting professor at the city university of new york now you may remember that last month many students gathered in protest of the school's decision to hire general petraeus there were about seventy five people at the demonstration which was organized by the ad hoc committee again in the little as asian to me so far there haven't been any similar reactions from harvard students now and his new position betrays will be nonresident senior fellow at the belfer center for science and international affairs there he will participate in a project taking a look at the technological scientific and economic dynamics that are reinvigorating north american competition the project will also take a look at how policy may be spurring that competition this academic position signifies a further break from betrays his former career before takin

laura smith laura thank you very much indeed for that. bitcoin be experimental online currency is now a global one complete with its own and so far only a.t.m. the first machine has been set up in a cafe in vancouver where people can exchange digital money for physical cash but you're probably asking yourselves awards are bitcoins and in the simplest terms is just a currency but an online one bitcoins us. in web while it's a completely anonymous lacking even you name the transactions are public but coins can be sent from one wallets to another have a click of a button and in most cases with no fees or delay the system bypasses banks middlemen and governments what's more bitcoins can be easily it's sold for any currency bailable whether it be dollars or euros they downside being that they exchange rates volatile and finally they come from the process is called bitcoin mining and consists of computers running special programs to try to rate a steady flow of currency and jeffrey albert tako from the foundation for economic education calls th

about the performance of his own conservatives and for more let's now go live to our correspondent laura smith phrase in london hi that laura so what exactly did david cameron say. well i just want to start by referring back to ed miliband speech last week the leader of the opposition everyone trumpeted that as this as some people said it was the best speech of all time but it's kind of easy to make a speech if you're the leader of the opposition because all you have to do is talk about what you would do if you got into power but if you david cameron if you're going to talk as prime minister about what you're going to do unfortunately you've also got to what you've failed to do so far what you just don't go around to your shortcomings if you like so what do you do well david cameron started by trumpeting his considerable in economic excitement so on employment in the u.k. is down construction manufacturing that there are good figures in inward investment good figures in retail sales buildings on the increase business and consumer confidence that all up fabulous. you have to talk about the stuf

regulations and that's after a new report detailed the heavy cost of red tape on british taxpayers laura smith reports from london. david cameron's in brussels this week to demolish the return of powers from the u. and he's got a new weapon in his all marie a report by think tank. fall from being a net beneficiary of all of brussels rules and regulations that should be costing the u.k. taxpayer a staggering twenty seven billion pounds a year in europe the hundred most expensive regulations stuff like rules on working hours g.m. food and a range of other diktats and found that in at least twenty four cases the cost outweigh the benefit even according to the government. meaning that it's knowingly spending taxpayer money. in other cases the report found the benefits of the regulations have been involved with states to europe reckon that in the case of climate change regulations around ninety five percent of the expected benefits totally failed to materialize but this study only covers the. of those have shown it's just the take of the odds so. estimates that it's at least ninety billion pounds a

spends twenty seven billion pounds a year to comply with the blocks most costly regulations are just laura smith has been balancing the books. david cameron's in brussels this week to demolish the return of powers from the u. and he's got a new weapon in his all marie a report by think tank in europe fall from being a net beneficiary of all of these rules and regulations that really costing the u.k. taxpayer a staggering twenty seven billion pounds a year. the hundred most expensive regulations stuff like rules on working hours g.m. food and a range of other addicts and found that at least twenty four cases the costs outweigh the benefits even according to the government. meaning that it's knowingly spending taxpayer money for no return in other cases the report found the benefits of the regulations have been involved stated. that in the case of climate change regulation around ninety five percent of the expected benefits totally failed to materialize but this study only covers the top one hundred of the it's just the tip of the arts. and regulation which doesn't include. doesn't include. it is

decades up to the task authorities have come up with the converse of simply reusing down but as laura smith reports it seems britain's will still have to stand for a final resting place while they are on this side of the great. as the saying goes nothing is certain but death and taxes and while the u.k. government's very good at collecting tax it's not so good at providing for its citizens inevitable demise because on this small island with soft running out of space to bury the dead according to a recent study of her account still almost hall said burial space in that areas would run out in the next twenty years and a quarter said they only had ten years left and it's no surprise them confined to london cemeteries like this one several rural councils already say they're full meaning people will have to go elsewhere for that final resting place and all that despite the fact that already seventy four percent of people all cremated symmetries in the sustainable when the food local authority has some difficult decisions to mike does it build another symmetry. capital cost and then of course it'

or it calls britain's crop astounds his name as the country's widest as he is laura smith asked the man behind their board why. it's interesting the dreary day newsy day here in london typical off to the weather which may be the perfect day for me to tell you that london has been facing the worst area in the u.k. to live in despite the fact that within a mile radius from here it houses the parliament westminster abbey the london eye and other really famous landmarks it's a book called crafts hounds returns which names the fifty worst places to be in the u.k. as an adult to london i didn't really understand this because they said of london being the worst place but luckily i'm doing it since he had to explain that to me with an umbrella and his gopi across town to tell them that i mean i can think of ten worst places just off the top of my head what your criteria are all kinds of criteria i think one of the things that people writing about a lot is the daily grind it so hard in london getting all that the northern lights have your on but i mean you'll no use jammed into someone else's al

in the group that they should drop some of these stifling and overreaching regulations artie's laura smith reports. david cameron's in brussels this week to demand the return of powers from the u. and he's got a new weapon in his all marie a report by think tank. being a net beneficiary of all of brussels rules and regulations. costing the u.k. tax a staggering twenty seven billion pounds a year in europe the hundred most expensive regulations stuff like rules on working hours g.m. food and a range of other addicts and found at least twenty four cases the cost outweigh the benefit even according to the government. meaning that it's knowingly spending taxpayer money to know. in other cases the report the benefits of the regulations have been involved. in that in the case of climate change regulation around ninety five percent of the expected benefits totally failed to materialize but this study only covers the top one hundred others it's just the tip of the arts. and regulation which doesn't include. it is just red tape obviously if britain left the e.u. tomorrow those costs wouldn't just d

are smitten with the fuel the prime minister being a vigorous advocate of the risky technique as laura smith reports. it's going to make household energy bills. he says it will create loads of job c infuses we'll pay you if you let us do it in your area u.k. prime minister david cameron has got behind for king in a big way almost evangelical in his drive to the british people north and south it's a tough sell as he's found out from environmental groups. people worried about the countryside being call of wind down the u.k. . campaign is barricaded to propose drilling but to much and they now vowed to move back to wherever. the wrecking energy goes next. and they've got the experience of americans to back them up one hundred times more for a clean well yeah in the us than in the whole of europe and environmental impacts all showing campaign is welcome gas and dangerous chemicals leaking out from underground contaminated water. to air quality and even quakes linked to procreate and they've been seen here in the u.k. cooled by drilling who but the government decided that didn't just deploy a ban

accusations of cynical disregard for that of the public good and this report right now to want to use laura smith with friends like these who needs enemies david cameron. we negotiate with the e.u. the need it all together and germany. holds the entire project together and yet these two countries are reportedly cutting a secret deal to protect their main industry again e.u. regulation it's a tit for tat britain is proposing to support germany to delay the introduction of a cap on carbon dioxide emissions. and in return britain is seeking germany's help to protect the banking sector from the brussels regulations the proposed deal may also include germany's help. something the tory policies controversy against the tide of public opinion but it's not just. practically every member has something to complain about. pricing policies spain is unhappy with. others criticised budget contributions. and whether it's good. or punishing economic. receiving all combine to undermine the project but now that two of the most powerful members. to defy the rules of the organization it looks like. a whole new level.

laura smith reports from london david cameron's in brussels this week to demand the return of powers from the u. and he's got a new weapon in his armory a report by think tank. fall from being a net beneficiary of all of brussels rules and regulations that costing the u.k. taxpayer a staggering twenty seven billion pounds a year open europe has looked at the hundred most expensive regulations stuff like rules on working hours g.m. food and a range of other diktats and found that in at least twenty four cases the cost outweigh the benefit even according to the government. meaning that it's knowingly spending taxpayer money for no return in other cases the report found the benefits of the regulations have been involved stated. reckon that in. around ninety five percent of the expected benefit totally failed to materialize but this study only covers the top one hundred of those have shown it's just the tip of the iceberg so. no regulation which doesn't include. doesn't include. it is just red tape so obviously if britain left the e.u. tomorrow those costs wouldn't just disappear but at

accusations of so-called cynical disregard for the public good let's get this report here montes laura smith. with friends like these who needs enemies david cameron for all his wealth preferred to negotiate with the e.u. the need it all together and germany. is the linchpin that holds the entire project together and yet these two countries that are reportedly cutting a secret deal to protect their main industries against the e.u. regulations it's a tit for tat thing britain is proposing to support germany's to delay the introduction of a cap on carbon dioxide emissions which will harm b.m.w. mercedes. and in return britain seeking germany's help to protect the banking sector from the weights of brussels regulations the proposed deal may also include germany's help. bankers' bonuses something the tory policies controversy points against the tide of public opinion but it's not just germany and britain practically every member has something to complain about belgian. pricing policies spain is unhappy with fishing reforms others criticised sky high budget contributions red tape and bailouts whe

s fifth least desirable locations laura smith asked the man behind the award why the capital fat is so bad me. it's interesting the dreary day to day here in london typical for you the weather which may be the perfect day for me to tell you that london has been voted the worst area in the u.k. to live in despite the fact that within a mile radius from here it houses the parliament westminster abbey the london eye and other really famous landmarks it's a book called crown pounds return which may be the worst places to be in the u.k. as an adult to guns no i don't really understand the position of london being the what place but luckily i'm joined here to explain that to me with an umbrella and his copious crap tell him to tell them you love it i mean i can think of ten worst places just off the top of my head what are your criteria there are all kinds of criteria i think one of things that people write in about a lot it's the daily grind it's so hard in london getting all that the northern lard have your on but i mean you'll know you've jammed into someone else's all hours of the thai e

struggling with their workload other subsidised companies are left to pick up the slack as artie's laura smith reports many of these two could also be forced to close their doors leaving the nation's most vulnerable with nowhere to turn. these are the children of kids company one in five has been shot at all stabbed hot have witnessed shootings or stabbings in the last year the lucky ones come to camilla charity to be pieced back together these children in one of the richest countries of the world are living in a type of war zone that is on a state. they see people step outside their window they're afraid of firearms they go up on the staircase in their state they don't know who's around the corner who's going to attack them they get trapped in lifts and get raped and so on children like that says camilla without the right help become incredibly violent taking their revenge on themselves or on society by sixteen florence was a homeless drug and alcohol abuse she grew up in turn ignored and casually abused by her mother. i remember mark foley. hit me with a tree branch of science called my teac

to highlight worries about how the younger generation could be affected by fracking as artie's laura smith reports british authorities still say yes to the practice. it's going to make household energy bills she says it will create loads of job c. infuses will pay you if you do it in your area u.k. prime minister david cameron has got behind working in a big way evangelical in his drive to sell it to the british people north and south it's a tough sell as he found out from environmental groups and local people worried about the countryside being hauled off and down the u.k. in both. local and campaign is barricaded to propose during the night but to money and they now vowed to move back to wherever. the wrecking energy goes next. and they've got the experience of americans to back them up one hundred times more fracking well yeah in the us than in the whole of europe an environmental impact showing campaign is local gas and dangerous chemicals leaking out from underground contaminated water it's high risk to air quality and even earthquakes. and they've been seen here in the u.k. record by

laura smith. says probably sadly most of next moves together among america's squabbling lead is you don't argue with her she's on a after the break. the . economic downturn in the final months day the deal sank night and the rest because i don't eat cake will be everything on. the. wall going to break in the set i'm not a morning old guys it's been eight long days since the government shut down and close its doors because of this and then eight hundred thousand federal employees have been lingering without a national parks monuments in the storm graveyards all closed what is cancels drum circles ordered and kindergarteners plainly both looking but there is one group of federal employees do. vital to this country that they have been ordered back to work now you probably think i'm talking about food and safety inspectors considering how ninety one percent of imported seafood isn't being checked and the fact that three miners have already died since the shutdown because of lack of oversight on the jo

laura smith has the streets of london to find out. cash for questions selling access to the prime minister and of course m.p.'s abusing their expense accounts the story that just keeps on giving all of these scandals and more have come together to undermine the moral capital of politicians and the amount of trust the able to command with the public a poll done earlier this year said britons think politicians tell the truth less than because it's all real estate agents don't to nicholas allen co-author of a new book on ethics and politics says this creeping loss of trust goes right to the heart of the just mystery of all governments and there is a perception i think politicians have. become less and less onerous less ethical in the way they conduct both state politics if people perceive politicians to be generally immoral and dishonest the politicians are going to lose a certain amount of moral authority politicians governments need a moral authority if they're going to lead the public lead society down quite difficult policy parts the

for how long in eighteen months the government's again threatening to cut it off without a penny laura smith r.t. . in the international arena sometimes even best friends fall out president obama made an apologetic call to his french counterpart over allegations the n.s.a. has. spied on millions in france an argument which is causing real friction in the historic alliance between paris and washington and here's a look at what exactly made france so angry and just a single month the agency automatically intercepted more than seventy million calls while also logging text messages along with the general public businessmen and politicians are also targeted and this prompted our lawns to join the calls of those urging tougher privacy laws in the e.u. and american political cartoonist and columnist ted rall things the you ass will have a very hard time rebuilding its reputation. it's pretty hard to on do listening to tens of millions of phone calls isn't it at this point i think what shocking the french is there not just the extent to which the united states is spying on their people but also the

push forward with their own policies while praising the way his own country has performed arti is laura smith asking why he was speaking out against brussels. went back to oban hungary controversal prime minister gave a talk at chatham house in frogs of journalists and members of the institute he started his new mexico on i am on gary and he's that we have a unique and we produced more history that we can possibly manage it so as if by telling the story of hungary's relationship with the european union first the stories of this sort of unattainable land of promise and opportunity but increasingly he said hungary and see a european union which is on the scene and unclear where it's going in the future politically that hungary still has very positive feelings about being a member of european union but the crisis which opened up an opportunity for renewal and regeneration of the institutions in his country has shown he says that things cannot go order as they are to snip blacks the differences between the e.u. countries he was very clear about saying no in years and members should have the right