or taking off in from london.so we are talking about a number of hours where one of the world's busiest and most congested areas of flights is now frozen. there will be no flights in and out of the london region. we're talking about at least five airports, london city airport as well which takes regional flight, business flights on to the continent. then you think about all those flights and where they're going to land. the planes that have come from the u.s. need to go to manchester, birmingham, paris, maybe cardiff. you can imagine not being able to use that airspace. you have an enormous number of controllers trying to find places for all these planes to land and then you have those flights that might delay others taking off. so anybody who's going to take a flight around this part of europe i strongly suggest you check before you go also think about flights that simply won't take off from the u.s. if they were going to because there will be such a backup. >> just to reiterate, this is apparently a computer fai

to london or expecting somebody from london or through london, check with your airline to see if plansce is restored, flights are going off, the ripple effects will remain but not as bad as it could have been. ahead at this hour. huge demonstrations planned this weekend. protesters are demand iing a better relationship with police. >> i want to pick up the conversation we had at if beginning of the week, how can officers break the cycle of fear and mistrust in the community? come in and use your starbucks gift card any day through january 5th for a chance to win starbucks for life. try zyrtec-d® to powerfully clear your blocked nose and relieve your other allergy symptoms... so you can breathe easier all day. zyrtec-d®. find it at the pharmacy counter. zyrtec-d®. i'm sure you know what this meeting is about. yes, a raise. i'm letting you go. i knew that. you see, this is my amerivest managed... balances. no. portfolio. and if doesn't perform well for two consecutive gold. quarters. quarters...yup. then amerivest gives me back their advisory... stocks. fees. fees. fees for those quarter

is well, i'll just tell you what london believed. i don't necessarily subscribe to this thesis because it has some questionable religious overtones, but i'll repeat it in any case because i repeat it in the book. london felt that the spanish had to arm the africans because of religious reasons. that is to say, there's a religious cold war that's taking place between protestant london and catholic madrid and to a degree, catholic paris. and londoners felt that because the spanish were admitting so many men into the priesthood and thereby removing them from the possibility of wielding arms that today -- they had no choice but to arm africans. and this was putting pressure on britain to do the same. particularly when britain began to fight the spanish over control of native americans' land on the northern coast of south america in the city now known today as cartagena where approximately 1740, 1741 the british were administered a stinging defeat not least because the spanish had armed africans who chased the redcoats from the shores of

a computer glitch in london has forced officials to close the air space over london. this is a pretty interesting situation. one, they're not sure what caused this malfunction, but also, the sheer number of flights at this hour, at this moment impacted by this computer glitch is very startling. keir simmons is live in london and tom costello is covering this as it impacts travel in general. she he's in washington, d.c. >> tamron, good morning. let me update. just as we go on-air here we're told the air space over london is opened up. but that traffic volumes are being restricted in accordance with capability. that's from the national air traft service here in the u.k. that run the air space. it's the froufl here. just some detail the airport to the north of london said it's having problems. to the south of london having problems. it is accepting flights but flights aren't taking off. most crucially heathrow airport to the west seems to be having problem fl problem. there are some reports there are no flights leaving or landing at heathrow. the numbers there around 130

but this slide was provided to us by the london authority.and gave some kind of quick numbers to the regeneration potential from these high-speed one investments. stafford city with the olympics and king's cross that we just looked at. a total of over 22 million square feet of development. 63,000 plus jobs. almost 8,000 housing units. >> i have a question. what type of housing unit are we talking about market rate housing, below market rate, subsidized? >> it's a mix. i'm happy to get the exact breakdown, but they have very similar to san francisco looking at affordable housing issues. >> this part of london where this build-out took place, is it -- was it in the industrial part? was it in an abandoned part of the city? or was it already an economic hub? >> king's cross was an existing station and it was already part of the metroline and more developed part of london. where the olympics took place is the largest urban brownfield redevelopment project in europe in recent history. so that was a very industrial, very polluted, very low-income ne

. >> finally to london, one of the most crowded cities in europe. also, it seems, one of the loneliest -- and online social networking appears to be making things worse, often meaning we spend more time with our screens than with our friends. but now some young people in london have decided to do less online chatting, and more offline talking -- with possibly even a bit of cuddling thrown in on the side. >> the british capital draws people from around the globe. yet a third of the city's residents say they feel isolated and alone. so did david blackwell when he moved here four years ago. >> when i arrived in london, i felt isolated. i came with a couple of friends from uni, but they lived on the other side of town. i found it very hard to meet people and actually develop a friendship, because people did live so far away, and working seven day weeks, nobody has any time. you are tired in the evenings. it's not an easy thing to do to build a social sphere here. >> so, together with others, blackwell has started a campaign called "talk to me." the idea

breaking news from london.omputer failure at an air traffic facility has shutdown the airspace around london's heathrow airport. it is a power failure reported the to blame. you can see from this live radar image planes are stacked up around london. the air space is the busiest in the world, look at them stacking up. more to come on that stack line. they will be closed until 2:00 p.m. eastern time a couple hours from now. manchester airport says it is available for planes that need to be diverted. now we just heard he'd throw itself, the airport has been reopened but the air space is still on what i am going to call shutdown mode. manchester available to take planes if needed. heathrow airport reopened the air space, still controls. it is of big deal because that is very busy airspace. imagine the number of flights that will be diverted, change and may be canceled, big deal indeed. let's get to the markets because we are stumbling, down close to 200 points, 1% loss at 17-4 if you are keeping stock. the price of

. >> finally to london, one of the most crowded cities in europe. also, it seems, one of the loneliest -- and online social networking appears to be making things worse, often meaning we spend more time with our screens than with our friends. but now some young people in london have decided to do less online chatting, and more offline talking -- with possibly even a bit of cuddling thrown in on the side. >> the british capital draws people from around the globe. yet a third of the city's residents say they feel isolated and alone. so did david blackwell when he moved here four years ago. >> when i arrived in london, i felt isolated. i came with a couple of friends from uni, but they lived on the other side of town. i found it very hard to meet people and actually develop a friendship, because people did live so far away, and working seven day weeks, nobody has any time. you are tired in the evenings. it's not an easy thing to do to build a social sphere here. >> so, together with others, blackwell has started a campaign called "talk to me." the idea

it is one of the fashion capitals too, london. last night, they had the london fashion awards.were there. $75,000them raise about to bring new kids into the fashion world. very exciting to be in london. >> with christmas just around the corner, it is the most important time of the year for retailers across the world. after an underwhelming black friday, we asked the victoria's secret ceo if she is still optimistic for the holiday season? >> we are cautiously optimistic. we are excited about what is going on. we are very well-prepared. all in all, i think we are going to stay optimistic for this holiday season. >> up next, paying it forward. yesterday was giving tuesday. today, i cap holds its second annual charity day. prince harry will lead a star-studded guest list. >> you can follow us on twitter. michael spencer, icap coming up next. ♪ >> welcome back to "the pulse." i'm francine lacqua. >> i'm guy johnson. let's talk about what is happening in the aviation sector. the eu says a u.s. delay on transatlantic licenses for norwegian air could reach the aviation deal that was st

. ♪ >> hello there, you are watching al jazeera live from london.eige la desh's environmental disaster. cleaning up after a massive oil spill that also has india on high alert. >>> a computer glitch closes london's air space causing chaos for travelers. >>> plus -- ♪ >> did the u.s. put cuban hip hop artists at risk in a secret operation to provoke unrest. ♪ >>> hello, delegates at a key climate change conference in lima are running out of time to agree to a deal to reduce carbon emissions. they are trying to form a blueprint laying a foundation for a global cl-- climate chang treaty to take place next year. nick clark reports from lima. >> reporter: every year, around this time, in one country or another, a seemingly endless u.n. negotiating process grinds on and on. here in lima they are trying to stop that. the rallying cries have begun to shape up. >> i want them to look back at us and ask the question how did you find the moral courage to shake off the lethargy, to break free of the chains of the past, to lift your sights, and draw the design o

since i had played on the london theater.et, it was -- i felt the same warmth and excitement and fun as a new york audience. so i felt very much at home. you could say it was of different. the interesting thing about the audience in london is that it's filled with people from every country of western europe. and also the far east. so you had italians, french, you had chinese, japanese, everybody was there. and they loved the show. they know me from television. thank goodness, you know. television is -- >> "murder she wrote" seen around the world. >> absolutely seen around the world along with "bed knobs and broom sticks." from that point of view i felt very much at home. >> i know they appreciated you because the reviews said they did. and yet, there is also in that part of the world certainly an appreciation for noel coward's work. >> very much so. and "blithe spirit" is played almost all over britain somewhere at all times because it is such a unique and ridiculously funny show. it's also in fact under those layers of humor

all airspace over london is currently closed. also heard from heathrow posting on twitter saying that a power outage at the national air transportation safety control center. flies are currently expecting delays. all airspace over london closed. >> welcome back to "market makers." scarlet, the u.s. is finally getting the message on credit card security. mitch and -- merchants face a key deadline, so-called chip and pin cards will require a lot of spending on upgrades by the merchants and also by the card issuers and that is a big for technologies. about this liability shift. stepping up the technology to the consumer so your card numbers and information doesn't get stolen and you don't get defrauded. >> exactly right. what will happen in october 2015 is if your card is used fraudulently by counterfeiting and if your financial institution has issued you a card with a chip, the financial institution will not anymore be responsible for the fraud. the fraud will shift to the merchants only if the merchant has not moved itself -- hims

and treated in north london. there is one isolation unit that is equipped to deal with ebola patients. it has two beds. it has successfully treated an invalid patient already come a british nurse who contacted -- who contracted ebola in sierra leone. he came here in late august and was successfully treated. he took the experimental drug z-mapp, but it's not certain how much that had to do with his recovery. a lot of confidence because this is caught at the early stage for this patient. >> any comments from the hospital about the likely treatment for the patient in the coming days? >> there is the option of z-mapp, the experiment of drug. it's not clear whether limited supplies are around or they still have the key to it. but also hydration, making sure the patient is well hydrated. doctors in these specialist units are picking up expertise. the actual way that the treatment is carried out remains to be seen, but i think there's not total confidence. and never can be. a lot of questions are being asked about the s

they had the london fashion award so we were there.to raise $75,000 to bring new kids into the fashion world. very exciting to be here and exciting to be in london. >> it is the most important time worldtailers across the after an underwhelming black friday. we asked if she was still optimistic for the holiday season. we areink that cautiously optimistic. we are excited about what is going on for holiday. we are prepared for what is happening for holiday. all in all i think we are going to staff for this holiday season. >> bloomberg went behind the scenes at victoria's secret's show and rare opportunity to speak with the man behind the $20 million luxury extravaganza. lingerie extravaganza. >> i am the executive producer of the show and the chief creative officer for victoria's secret. the creative process is all year long. i am thinking about next are today. the main challenge for anyone for any business for any perfectionist to do it better next year. we do not see down the beginning of the year and say this year we are going to forc

a new tube network emerging, and it's clear -- london is shifting east.each morning, a thunderous high-tech workforce surges into a district called the docklands. once a gritty industrial harbor, then a neglected no-man's-land, today the docklands has been transformed. it fills a peninsula created by a bend in the thames with gleaming skyscrapers springing out of a futuristic people zone. canary wharf tower is one of the mightiest skyscrapers in all of europe. workers enjoy good public transit and plenty of green spaces for relaxing. the entire ensemble sits upon a vast underground shopping mall. in the 1700s, the thames riverfront was jammed up with shipping in downtown london while this end of town was an industrial zone with the stinky industries -- glue making, chemical works, and so on -- conveniently located just downwind from the rest of the city. in order to relieve all the congestion in downtown london, they decided to replace the industries out here with what became the world's ultimate port. the docklands organized shipping for the vast british

and i can imagine it will be a big hit in london. >>> all right, staying in london now, nutritionistsut twin brothers who are there have started a business and they think everyone should start their day with breakfast cereal. and trust me, they have every kind you can imagine. here is jim bolden. >> reporter: it is a cereal killer idea. sell nothing but breakfast cereal. mix knowsnostalgia with a first inning of ex-pats, and you get cereal cafe. these two cereal entrepreneurs are twins from belfast northern ireland, and if you wonder which one had the idea. >> we came up with the idea when we wanted food, a bowl of cereal. i said -- >> we wanted a bowl of cereal. all you want -- all i want is a bowl of cereal. the idea came into my head. >> and then he said wouldn't it be great -- i said, oh, why don't we start a business. >> whoever first thought of cereal killer cafe it is here now on london's brick lane. >> obviously we're not selling, but the cereal we're selling, whether they're from america, south korea, west africa. >> while they're trying to evoke the breakfast tables of the '

what is the situation in london? it's five airports and reeth row was the busiest in europe. >> that's right. we are actually hearing this disruption at airports as far away as scotland. across across the uk, we are hearing of 50 cancellation of flights from heathrow and an untold number of delays at this stage. we know from past experience that that may increase. it looks from my rough calculations as if all of this has lasted about an hour in terms of the computer glitch or power outage or whatever happened that caused this air traffic control failure that tom was talking about there. we are hearing from passengers on the ground that they're being allowed to board planes. at one point, they were treating from planes that had been left on the tarmac and the runway. they were not able to take off. the producer was in the east of london saying the runway was completely empty of any planes taking off or landing. heathrow is the crucial one to the west. it's the hub that will take some time to get things back to normal.

with loren taylor. ♪ >> this is al jazeera america live from london.llion flee the typhoon in the philippines. and thousands march in athens on the sixth anniversary of the police killing a teenager.

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in london and 9:00 p.m. in moscow. thank you for joining us. we begin in london where a major disruption of flights out of the british capital threatens flights far beyond the united kingdom. a technical failure at a key airport control center has been fixed but at the height of this disruption, flights at all five london airports were affected. it's expected to be tomorrow before things return to normal. let's go to london. jim, what happened and caused this technical failure? what's going on? >> reporter: we learned about 2 1/2 hours ago that it looks like there was a computer failure. the n.a.t.s. put out a tweet saying they are having trouble with the control system. it's likely what helps the planes line up and take off. it's a very, very congested region. there are flights, of course, that would fly over london going to north america, going into europe, into south africa as well. so it has caused major chaos. many, many flights are being canceled and it's not just if you are flying into london. other flights are being diverted to places l

a computer glitch in london has forced officials to close the air space over london.re what caused this malfunction, but also, the sheer number of flights at this hour at this moment impacted by this computer glitch is very startling. keir simmons is live in london and tom costello is covering this as it impacts travel in general. she's he's in washington, d.c. >> tamron good morning. let me update. just as we go on-air here we're told the air space over london is opened up. but that traffic volumes are being restricted in accordance

what about the contributor from london? we have a wealth of people from london. very demonstrative. i'm very impressed. all sorts of new techniques are being deployed to attract attention. we won't forget you sir. you cannot be forgotten but for now we would hear from this young lady here. >> hello i represent london borough. i had to show an example of this in practice. england eden has agreed to pay everyone is in a council living wage opposed to the national minimum wage. this is worked out well. the leadership implemented throughout all local authorities and the private sector. it will benefit all. [applause] >> thank you. now do we have a conjure bitter from the northeast? the northeast, yes this gentleman. >> i'm from north england. i believe ultimately it's the city's responsibility to provide a basic level of wealth to ensure that people are able to take care of themselves. therefore i believe that in not bringing the living wage as minimum wage we are ultimately allowing the state to fail because of the fact that we are not allowing people to flirt. i believe financially th

tech, british entrepreneurs, london's role as a tech hub. what should london do next?ou are watching. ." has just for me -- you are pulse." "the it has just been -- until now. >> we were talking about silicon valley. we were talking rezulin round out versus silicon valley -- about silicon roundabout valley.ilicon we need to do more. we could be so much better at innovation. in relation to tech readiness , we are number two. roundabout, tech city. we also have other parts of london which are beginning to develop. there are other parts like kentish town. we have structural weaknesses. we have broadband with only 85% coverage and we are never going to match silicon valley. we also have skill shortages. all of the tech firms report skill shortages. we are doing less well than cities like bangalore and berlin in recruiting new tech entrepreneurs. i think that may be over the last year or so, the debate about immigration, which has been intended specifically to exclude highly skilled tech , it may well have put some people off coming here. we welcome people with these skills

research the first right of purchase agreements in london and the programs in barcelona in london they have identified programs where they have walking tours to promote tourism in specific areas where legacy businesses businesses that have been around a long time in the region so that's the way is promotes tourism and people can appreciate it it promotes small businesses bogging because we're xurm sales and those types of companies so for the 504 we've identified both programs maybe useful for businesses who wish to purchase the building only if certain conditions are met the most important we've identified the occupancy of a minimal of 50 percent of the facility for business persons this is difficult especially in san francisco we have a lot of businesses that are occupancy spaces above them but if a company is based on the bottom of the building and they have three or four stories above them this makes it so it self-apply to the 504 program this is a big issue it contradicts all the work first place residential places the hub above they can be thrown out wife identified many business

>>supervisor london breed: thank you. are there any other members of the public who would like to speak at this time. seeing none, public comment is close side. supervisor chiu? >> chiu chiu >>president david chiu: i have circulated memos related to this and in addition to that i have circulated the language around the city administrator convening a working group and architecture that would report findings to the mayor by -- september 1st. and a clerk report read to ensure the requirements for the clerk are clear. what i would like to do is to make those amendments and to pass this out with recommendation out to the full board for tomorrow as a committee report. i do want to acknowledge the tremendous amount of work and there are a number of appeals process to the panel and i'm more than happy in the next 24 hours before the resolution to get to the board for tomorrow and i know cmd will be promulgating rules and regulations and if there is any clean up required, we can get to that. we would like to get this moved and if

central london. glitch apparently is preventing air space from being flown over in london. you imagine that in new york city? martha: no. bill: newark, jfk and laguardia, it would be a downright mess, and apparently it's a mess too for the folks in london. some are reporting that this will stay the way it is for, well, the foreseeable future. we're trying to figure out a time, whether that's minutes or hours from now, but we'll be back on this breaking news in a matter of moments here on america "america's newsroom." over 12,000 financial advisors. so, how are things? good, good. nearly $800 billion dollars in assets under care. let me just put this away. how did edward jones get so big? could you teach our kids that trick? by not acting that way. ok, last quarter... it's how edward jones makes sense of investing. ♪ everyone is looking for ways while to cut expenses.s unique, and that's where pg&e's online business energy checkup tool can really help. you can use it to track your actual energy use. f

i'm jonathan ferro in london. this is "on the move."rrency and sanctions from the west all major headaches for vladimir putin. the ruble weakening again today. we have seen the forecasts from the economy ministry. shock horror forecasting what everybody thinks is going to happen anyway. a recession. is that inevitable? >> i don't know if it is inevitable but it looks like it is coming. the oil price downtown bode well for russia. we just did a very nice survey that gives us a picturor what is going on inside of the services sector. there is pain that we have not seen really in the last five years to be examine. that is hsbc's p.m.i. survey. we have a contraction. 300 businesses. how business is going. they say it is contracting more than economists thought. said it would be contracting by worse than they have seen since twine. we're getting a picture from the -- since twine. geerting a of the other side of the economy. how much the world needs russian oil and how much they are prepared to pay for it. that dove tails into what we got fro

the first person diagnosed with ebola while in the uk is taken to a london hospital for specialist treatment. >>> a big story in the cricketing world. the indian captain ms dhoni says he's retiring from test cricket. >>> in the last few minutes, it has been confirmed in indonesia that the debris seen in the java sea is from the missing airasia plane. search and rescue teams say they've recovered 40 bodies which were found floating near the wreckage. the flight disappeared on sunday while heading from surabaya in indonesia to singapore, 162 people onboard. the box here on the map shows the search area and this is the part of the sea from which the wreckage has been recovered. these are some of the images of debris which have been found there. analysts say they are the size and the shape that you would expect if they had come from an aircraft. their color also appears to be consistent with airasia's livery. let's go live now to surabaya and the bbc's clive myrie. >> reporter: a press conference is just about to begin involving the president of indonesia, joko widodo, and we understand tony fer

we don't expect them headed to london, but departing flights out of london may be delayed or canceled today and british airways is talking about not penalizing anybody who has to change or rebook their flight as a result of that. the back up spreads across europe. you can imagine flights that were headed into london and they are stuck in paris or amsterdam or roam. this is going to take at least 24 hours for them to now get the busiest airport this europe. the second busiest in the world. the only saving grace is that it didn't last any longer than two or three hours. >> is this the risk that every airport takes being rely ant on computers? >> every system is different, but they are all guarding against a hack attack. by the way, we don't know if there was a hack on this one. they are supposedly having multiple safeguards in place and fire walls. we just saw two months ago in chicago where that system went down because somebody was able to get in and sabotage it and set it on fire. you would think that chicago o'hare, that that particular system would be very well guarded, but it wasn

me and around me i want to welcome our director of public health department barbara and supervisor london breed as well as our director of our san francisco foundation for a black well here as well so the health care industry a big driver of the economy lots of jobs but ultimately it is also and, of course, i want to welcome in our supervisor cohen who i just saw come on up supervisor in addition to jobs i know there's a great reason why there's at least 5 major hospitals under construction today in san francisco we care about health not just the hospitals not just when people walk in for treatment health has already been as barbara taught us and bernard taught us and onsite others it's about what we do everyday to keep ourselves healthy you'll hear from people like supervisor london breed and supervisor malia cowen certainly fred black well is 80 about healthy community this is affordable unit as important as building hospitals and communities about our youth and families and the things we do to keep families intact this is all part of this health discussion we have it is b also about pr

>> i was here in london. yes. yes, yes. >> how long did it take you to get to mumbai?> well, the genesis of the film, you know, i didn't it wasn't an instant reaction thing because i didn't work for the news. i'm not part of a quick response team. so i'm hired on a job-by-job basis. and i do the projects that i like and the projects that for some reason turn me on. now, i got a call, i think it was in january, from an executive producer whom i worked with before who i liked, and he said, "dan, would you fancy going to mumbai?" and i hadn't made a documentary for about four years, four or five years. i've been making drama. i did a movie. and my -- the last documentary i made before "terror in mumbai" was called "terror in moscow." it was also broadcast by hbo and it was the story of a 57-hour siege in a moscow theater. the incident happened in late -- in october, 2002. and it told the story of a chechnyan hit squad with suicide -- women with suicide belts who took the hundred muscovites -- the 200 moscow -- 800 moscowuscovites hostage in russia. and it -- and it -- i t

and charmed audiences in london and new york. but now he's leaving london and coming to america.o do this. >> absolutely -- james corden star of stage, screen and late night tv coming up on "sunday morning." >> osgood: and we'll tell you about hollywood legend "sunday morning" close of of chris i will d. demille. rita braver will preside. >> he's known for making blockbusters like "the ten commandments." but crease sill b. demille had other goals, too. >> he always had an understanding of the persona he wanted to create. >> he was writing a role for himself. as hollywood's greatest director/producer. >> later on "sunday morning," i'm ready for my close up, mr. demille. >> osgood: steve hartman tells us latest what may be nation's least loved christmas tree. david edelstein as pictures, we'll take measure of the christmas wreath. here are the headlines for the 7th of december, 2014. two hostages held by al qaeda militants have died after unsuccessful rescue mission. david martin reports from washington. >> the first attempt to rescue luke sommers ended in frustration. the second i

. >>> plus, a dinosaur on display in london. we'll tell you why she's one of a kind. >>> we begin in russia where russian president vladimir putin has said he will not allow the west to dismantle the country. in his annual state of the nation address, he defended his countries actions in ukraine. >>reporter: the president arriving at the grand palace, this was always going to be a difficult speech. the economy battered by sanctions and the fall of the price of oil. the country isolated by the international community over the war in ukraine. but the president was in combative mood accusing the west of wanting to see russia broken up, dismantled he said. >> despite this report of separatism abroad including the informational, political, and financial one through intelligence services is absolutely obvious and there is no doubt they would have loved to see collapse and dismemberment for us with all the tragic consequences it would have for the peoples of russia. this has not happened. we did not allow it. >>reporter: he said the mi

we have a report out in the u.k. , london house prices plunged. losing the froth, is what they say. 2014 was a year of house gains. next year, you will see between 1% and 3%. nationwide, you are making a to 5% gain next year. up 0.75%.rent, opec is going to be very reluctant to do anything on the oil price even if it careens toward $40. technik is a french oil services company. they are abandoning their potential takeover for cgg. stock up 6.92%. they have walked away from that. theythe irish builder, have made an announcement. they have sold concrete assets in the u.k. and the u.s. they are taking just over 300 million pounds. the ceo, all part of his much bigger strategy in terms of divesting small non-core units. >> thank you very much, manus cranny. a couple of minutes into the markets open, ftse 100 down about 0.1%. let's take you to one of our top stories. a landslide victory for japanese prime minister shinzo abe. abe's coalition took more than two thirds of japan's lower house. joining us now for more is james, japan economy editor at bloo

it is just past 7:00 in london.gh on the deficit -- george osborne tells charlie rose that the u.k. is a front runner in the world economy. >> particularly in the u.k., we've got a budget deficit that by half. come down we need to get on these things. we need to show we want to be in the front rank of economic nations. >> let's talk russia. it is the big story of the day. ryan is here to talk us through it. let's start with the markets. this is a crucial time in the morning. >> moscow is starting to trade the ruble. the ruble is weakening again. it is at about 72 rubles to the dollar right now. it did strengthen yesterday on the back of those comments from minister saying they wouldn't introduce capital controls. they still have tools in the toolkit, if you will. .hey could hike rates today it hasn't worked. 650 basis points wasn't enough. the could use some of their $416 billion in reserves. economists think they are going .o spend $70 billion capital controls -- i don't think there are too many people out there, d

london alone has four airports. we know that the problem is over. the good news is that air space above london is now open again and has been since just after 1800 g.m.t. but the knock-on effect is going to be huge. we hear there are already 50 consolations and expect that number to grow out of heathrow airport. >> that is our report from london. there was transport chaos in italy as a strike brought the country to a stand still. they protested in 50 cities, and some of the protests turned violent as our correspondent now explains. >> angry students marched the streets of rome before jumping fence of a regional council building and flinging bottles at police, who fired back with tear gas. the strikes followed after the unions walked out for the first time. the target of their rage, the jobs fact, passed last week, making it easy tore fire people. under the new rules, workers build up job security rights gradually over time. unions say he is eating away at hard-one entitlements. >> instead of building a future, as they say, what we actually fear is t

she was on the japanese team at the beijing and london paralympics.oday, she's teaching tennis skills to elementary school students. >> translator: i hope we have a dream or goal and we work hard to achieve it. >> reporter: domoni does a lot of events like this. she's in public relations and her jacket bears the company logo. she works for an entertainment agency that promotes performing artists. this company began recruiting disabled athletes like domoni six years ago after the government suggested quotas for hiring people with disabilities. but soon the managers realized her potential to inspire people. it now employs 12 athletes, including a gold medalist from the laondon paralympics. >> translator: as far as inspiring people goes, there's no difference between the impact of an athlete, and that of a performing artist. >> reporter: athletes with disabilities are moving into many areas of the workforce. not just public relations. this seminar is run by a placement agency specializing in introducing disabled athletes to companies. in the past 2 1/2 y

your next announced that at 7:00 london time.ed all derivatives markets until further notice because of problems with market data. just a few minutes ago, the futures opened unexpectedly. markets are closed now and all trades will be canceled. that was unexpected in that market. >> we will tell you how things are unfolding at euronext. >> a quick update on what is happening over on sydney. five hostages have escaped from a cafÉ in the central business district. the siege has been ongoing for you to stay with us on bloomberg route the morning. we will have the next as it develops from australia. ♪ >> let's bring you the latest from sydney now, where hostages are being held by a gunman in the heart of the financial district. by minister tony abbott said the gunmen had political motivations behind these activities. we know that five of the hostages have now escaped. our reporter on the ground joins us now. bring us up to date with the latest development there. >> unfortunately, there has been another development and it does not soun