parliament. we're live in london. >> no break in the debt ceiling talks but the white house insists that backstage progress is being made to reach a deal before the august 2nd default deadline on this "american morning." >>> good morning to you. thank you for being with us. 6:00 a.m. in new york this morning. tuesday, july 19th. i was hearing that in parts of iowa the heat index felt like 130 yesterday. it's been brutal out there. >> even this morning on the east coast, it felt different. it felt hotter. we'll be covering that. >>> we're watching that and millions are watching with a worldwide media empire hanging in the balance rupert murdoch is just hours away from facing his defining moment. in less than four hours, murdoch, his son and former top newspaper executive will appear before the british parliament. >> they will be asked what they knew about this phone hacking scandal that's growing wider by the day. it's threatening to take down news corp and perhaps murdoch himself. >> and the ques

from the americans, the parliament can have that quality, and they oppose the parliament in 1765 and 1767 and so on. and the british are confused by that. how can you post parliament? it's a sacred bastion of revenue. it's the king that's always the threat to liberty. but the americans don't quite see it that way. and they are forced by the doctrine of sovereignty. you have to have one final lawmaking authority somewhere, and when they are confronted of that choice, and it's given a different debate, they say all right, we are not in the department at all, only to the king and that's why the declaration of independence is interesting if you read it. it is a series of this, this, a series of things he has done but he never once mentioned parliament. the parliament passed the stamp act. parliament passed this and yet when it comes to the break there is no mention. what you get is a huge [inaudible] that others. [laughter] that's as close as you come because constitutionally, we have reached a point by 1774 really by the british there were no longer parliament at all. it's often called

the italian parliament looks set to pass this parliament -- this measure in five days. >> we're dealing with the defense of the european currency. an attack that has been going on in the italian markets and this is not against italy, this is against the european currency. >> here is their problem. they are looking to make 42 billion pounds in savings over three years. they are under pressure because their debt is 120% of gdp. their total debt is 1.6 trillion pounds. if italy really gets into trouble, they're simply too big to be rescued. italy has impressive designers and world famous brands. what this masks is low productivity and low growth. some of those who opposed the yesterday package fear that without growth, italy cannot escape their problems. >> we need to put this on the table but this is not enough. you cannot put that if you do not promote growth. we will be back to square one. >> of financial markets also remain wary. most of the savings will not take effect until 2013. italy's's costs are not as high but close to being unsustainable. costs are borrwing not as high. the rea

how can you oppose parliament? parliament is a sacred ration of liberty. it is the king that is always a threat to liberty that the americans don't quite see it that way and they are forced by the doctrine of sovereignty. you have to have one final lawmaking authority somewhere and when they're confronted they are confronted with that choice, and they say all right, we are not into parliament. we are tied only to the king. and that is when the declaration of independence is so interesting if you read it. it is a series of -- george iii had done this and the things he has done, they never once mention parliament. the parliament passed the stamp act. the parliament passed the towns of duties and yet when it comes to the break, there is no mention. the closest you get is you george iii with others. [laughter] that is the key to the declaration. that is as close as they come because constitutionally we have reached a point by 1774, forced into it really by the british argument that we are not under parliament at all. we are tied only to the king. it is often c

of course, my criticism and the parliament was like take care. you have a big responsibility because of the events and because of the educational program, you invite people to take the bicycle on the street on a regular day, you have a big risk because your infrastructure is not yet there. so that was part of the political debate. still, i am willing to defend that policy that organizing events, this is in front of a mayor bank in the heart of brussels where the employees have been invited to come to work not by a car and to have a taste, as it says, of another mobility. it is part of the european car-free day which is organized every year, september 22, i believe it's similar to what you have in may, bike to work event. i really think those are good references. people maybe only have one day but a good experience of an alternative way to travel. i have been showing just one hour go, to go, the guidelines in english, it's our regional administration. they're very proud of it. i took one copy and showed it to some of you just this morning. it's re

they never once mention parliament. parliament passed the standby. parliament passed a coercive act, and yet when it comes to the break, there's no mention. the closest you get is you, george iii, we -- that's the key. read the declaration. that's as close as they come. constitutionally we reached a point by 1774, forced into it by the ryszard, that we are not under parliament at all. we are tied only to the king and, therefore, is often called a commonwealth very of the emperor. we anticipate the statute of westminster of 1931 which sets up the present day commonwealth. that is, the queen of england is queen of england and queen of candy, queen of the season, queen of australia. but each of those parliament is free. so that's commonwealth. we anticipate that commonwealth in 1774. we are tied only to the king. we have our own separate legislatures which are sovereign. that's why the only guy that has to be broken is the one with the king. it's kind of an awkward situation because we had respective parliaments rights to pass navigation laws, control o

the hacking saga finally left parliament, at least for the parliament. if parliament allow itself to be taken over by a single story? >> has the response shown parliament at its best? many would agree with him it is true the scandal has taken up a lot of parliamentary time. it is a huge story and generated great theater at westminster. it is a big store in new westminster village. does it matter is much to people at home? that is the really big question. mp's delayed their summer holidays to discuss the hacking scandal rather than the economic crisis in the united states and eurozone. >> that is it for our look at the summer term in parliament. "the record review" will return when parliament gets back in september. for now, did by. -- for now, goodbye. ♪ >> if you want to be informed about what is happening in the world, it is not so hard. c-span has a digital online archive the go back to a 1987. you can basically whatch anythig that happened in the house or senate chambers on your screen. there are sources of information that were not imaginable 20 yea

it will be presented to parliament at midday rome time today. that's in about an hour or so from now. about 11:00 london time. let's have a look at how this is affecting the stock markets. we're looking at a country that has more than $2 trillion worth of debt if you include it's postal service. they are firmly fixed in the red. as you soon there. investors clearly worried about the european debt crisis. a lot of people in italy, perhaps, saying that perhaps italy may not need a bailout for instance like portugal, ireland and greece but we have this country going to the bond markets today, the yields that they'll have to sell the debt on will be pivotal to dictating investor confidence over the next two days and also whether they'll manage to get this bill through parliament, pauline. >> nina, we still see some of the concern lingering in the asia-pacific region in the markets here on thursday. let's take a look at how the numbers ended up the session. the nikkei down by 0.25%, exporters struggling with the strong yen. the hang seng and the shan

story thousands of demonstrators are made outside the greek parliament as the government gives its final approval to hard hitting spending cuts. the ratification secure the bailout the. defaulting on its loans it's been met with weeks of protests and rioting that have left over three hundred people injured and many others detained. police. budget cuts also flared in the u.k. as a one day public sector strike closes twelve thousand schools in england and wales workers walked out over pay and pensions. offices as well as border controls the pension cuts are part of a wider package of austerity measures started by the coal. government when it took power and. diplomatic approach russia calls on the un to carefully consider its handling of syria foreign minister sergey lavrov pointed out the un hard line on damascus. strongly criticized france for reportedly dropping all arms to libyan rebels saying if the claims are true they represent a clear breach of the u.n. resolution. i'll be back with more news in thirty minutes but up next it's the latest in our series of reports on life in the forme

preview tomorrow's parliament for us if you can.really answer questions if she's the subject of a criminal investigation? >> it's going to be much difficult for rebecca kbroox br ask the precise questions they're going to want to ask her. because they're not going to want to jeopardize the police investigation and she doesn't want to say anything that might incriminate her in the newt. she says she is going to answer questions, but she's also said she's not guilty of any wrong doing, so it will be a very interesting session that we're going to be seeing from the british parliament, randi. >> and it isn't just the murd k murdocks who have to answer questions, we're also talking about the police, a couple of top police officials have already resigned their post, what is the police involvement here, alleged police involvement in this investigation. >> well, at the moment, from britain, that's a huge aspect to this constantly developing story, we have had two senior most figures in the metropolitan police force, which is the biggest pol

it's actually just outside the how of commons, the parliament building. but still it should never have been allowed close to happening. the guy tweeted about it just before he did it. >> what we saw was the members of parliament, the chair of the committee came forward and said multiple times i'm sorry. the questioner said she was sorry, but she said the questions are going to be just as tough even though you've agreed to sit here despite the attack that happened. and they were tough today. there was a lot of -- there was even pressure at the end of this hearing on james murdoch to say hey, i will forego the obligation that i've created with the victims' families who've accepted payment in return for settling these cases, phone hacking cases. there was some pressures from the mps to say will you let us into the details of what actually happened there. james murdoch was wasn't giving. >> some of the best questioning was coming at the end. it was easy to overlook because of the pie incident. lewis who was asking those questions asked rupert murdoch specific

so it will be a fascinating session in parliament today set to start in about an hour and a half. >> so the house of commons is releasing this report accusing news international of attemptsiattempting to thwart the phone hacking. >> the committee released a report and said they deplore news international's attempts to dwort the original investigation by the police into phone hacking. that was in 2005. but it also said in this report that the police also set aside a huge amount of material that could have identified other perpetrators and victims so that there's still a lot of recrimination and major investigation still to come. >> martin fletchner the uk for us. we appreciate it very much. it's worth noting the front of the daily news, a big picture of murdoch that says humble pie. the paper owns by news corp itself, nowhere to be found. all in the family it says. you have to turn to the business section to find anything on that. in washington now, dueling debt plans are now taking center stage in congress. in a vote that was largely along party lines, the house passed the so-called

the inquiry is not about parliament and the media or in a row between parliament and the police. it is because the media play such a vital role in our democracy that they must be accountable with clear ethical standards. it is because policing is so central to our democracy the police must be accountable when things go wrong. it is the result of the work of parliament and by parliamentarians. parliament must also press further, not just to seek truth, not just to restore the effectiveness and credibility of parts of the newspaper industry, not just to get justice, but to say on behalf of everyone in this country we will not stand for the shameful and cool practices the we have seen. we will stand as a parliament against these shocking practices. it is not the kind of country want to be. and we will stand on the side of those, especially the crime victims and their families, who should never have found themselves dragged into this terrible debate today. >> we provide coverage of politics, public affairs, nonfiction books and american history. available to you on television, radio,

morgan will not, inside parliament when i speak in parliament, i'm protected by parliamentary privilege. mr. morgan is a very rich man so i'm sure he will take careful note of what i said and look into it. that's the best i can do on legal grounds. >> piers morgan is joining us on the phone right now. i want him to respond to the direct allegation you made against him and his reputation. piers go ahead and respond. >> well, i'm amused by her cowardes in refusing to repeat that allegation now as she may be already aware, she came out with an absolute blatant lie durlg those proceedings. at no stage in my book or indeed outside of my book have i ever boasted using phone hacking for any stories. at the time at "the mirror" have i macked a phone or published a story by hacking a phone. and what she did was an outrageous attempt to smear my name, cnn's name, "the daily mirror's" name and to have the breathtaking gall to sit here and say i can't possibly repeat that because i haven't got privilege is an outrage. and i call on you to repeat it, repeat what you said about me and then maybe go a

we're looking at parliament. cameron standing up now to respond to allegations by the leader of the opposition. ed milliband. >> rising to the level of events. most of that was just a tissue of totally -- i'm trying to answer every point. first of all let me thank him for what he said about recalling parliament, that's right. let me thank him about what he said about lord levinson. let me thank him what he said about the panel. i have to say on most of the other questions i feel he wrote the questions before he heard my statement today. he asks about the issue of bskyb. the cabinet secretary has said there was no breach of the ministerial code. you heard, you heard the evidence of rebecca wade yesterday saying there was not one single inappropriate conversation when it comes to setting out meeting with newscorp operation i've set out every single meeting since last election. so the gentleman published a list this morning but it does not go back to the last election. indeed when will we ethe transparency from tony

that's where the government faces a log jam in parliament. when you talk to people up here, what they say is, look, this is how we're living. we want things to get better as soon as possible. when they see the infighting going on in tokyo, people here are actually angry about it. they think it's rather self-indulgent for the politicians to be behaving like that when they're facing so much need up here. >> and the reconstruction and rebuilding process is moving very slowly. >> estimated that it's going to take 10 years at least. another smaller earthquake, the clear-up is taking three years. that gives you an idea of the enormous task for the people today. >> roland burke in tokyo, thank you so much for that update. there is much more on the "bbc news" website. there is full analysis of this ever-changing region. you can see profiles of countries and examine how asia is developing in comparison with the west. just go to the website and take a look for yourself. and you've been watching "newsday" from the bbc. >> a reminder of our main news thi

. >>> the german parliament has voted to allow a process known as pre-implantation diagnosis under certain circumstances. it gives doctors the right to discard embryos if they show signs of genetic it affects. -- genetic defects. lawmakers agreed to allow limited use of the procedure. >> this person listened keenly to the debate. a gynecologist in berlin, he turned himself in in 2005 after he carried out the procedure which was then banned. a court found in his favor, spurring a big public debate. >> it may prevent suffering in individual cases, but in every single case, it denies a conceived human life the right to live. we should not do that. >> no one takes the decision to have the in vitro fertilization lightly. it is an extremely stressful procedure. both physically and psychologically, and it carries a social stigma. >> couples to go this route already have a long history of suffering behind them. ultimately, arguments like that won, but the use of the procedure will be strongly restrict it. the only parents with hereditary illnesses will qualify. a few hundred couples are likely to

why did news of the world mislead parliament? why were some victims paid? what did the management fail to find out what was going on? we asked about what brooks said. >> we have been asked for information in the past. >> the committee asking the questions was optimistic. >> the committee will want to hear the truth. we want to get the facts. this is not about a glance mob or an opportunity. >> the lawyer of presenting the family of the woman who was allegedly packed had his doubts. >> not think they were skeptical about everything. they will see the three monkeys -- hear no evil, see no evil, speak no evil. >> rupert murdoch insisted in an interview his company had handled the crisis extremely well. tonight he said he would use next week's appearance to establish their integrity in the eye of the public. the scene is set for a confrontation between parliament and the press, a chance for the murdoch to defense -- defend their newspaper. it will be historic. it will be utterly un admissible. -- unmissable. >> standard and poor's has said it could downgrade am

it prompts a rare debate in british parliament. >> and concerns portugal may need another bailout after its debt rating is reduced to junk status. >> and will it beya has produced a western arc to protect the city of misratah. welcome to "bbc world news." i'm david eades. also coming up, the news of family in. how could this latest tragedy have been prevented? >> and the focus of the berlin fashion week. >> the phone hacking scandal right at the heart of the media group news international continues to deepen as the british parliament prepares to hold an emergency debate on the issue. police now told the relatives some of the victims of the 1995 bombing that some of the victims' cell phones may have been hacked by the news of the world. >> tomorrow is the sixth anniversary of the london bombing. today some of the enter reaved are enduring fresh anguish, what is described as details discovered as part of the latest investigation into phone hacking. >> these parents lost their son david in the bombing. he is not definitely a hacking victim, but he has been told his address and phone number

phone hackingh scandal -- media mogul rupert murdoch called before a committee of british parliament. >> do you have a responsibility? >> no. captioned by the national captioning institute --www.ncicap.org-- >> here is the deal -- as we require this program, we don't know how the debt ceiling business is going to play out over the weekend, but we have to put a program on the air, so here goes. president obama said he hopes to elevate the tone of her political discourse in washington. >> the way we run campaigns, the demonization of what the other side, i think that is broken down some of the trust and washington. >> anyone who witnessed his reckless spending ahabits the past 2.5 years or sat across the negotiating table the past few weeks could be forgiven for being skeptical of his recent attempts to come across as a fiscal moderate. >> that is senate minority leader mitch mcconnell, who has made no secret of his hope that president obama is a one-term president, but as markw said lat week, at least he is honest about it. some democrats are angry at the president and his people, some

for many years nino burjanadze was speaker of the country's parliament and one of mikhail saakashvili his closest associates in two thousand and eight she resigned from the post of parliamentary speaker and founded an opposition party and yes there is a very serious problem it's corruption in the elite it has grown even larger compared to what it was like in the last years of shevardnadze through when everybody was talking about corruption in georgia's government. it was always an opposition moderate to saakashvili as the owner of a major medical insurance company he knows all too well the meaning of so-called elite corruption. as soon as such as billy and his inner circle came to power they set about collecting taxes and so-called dirty money which was that they sent very many people to prison they were businessmen as well as former officials among them people realize they had better pay off as much as they were expected to pay they sold the property they ceded their shares in businesses to members of saakashvili as party the prosecutor's office and the interior ministry kept a close

parliament is acting.olice inquiry has increased resources in, scotland, the scottish police launched a separate inquiry today. i think we'll get to the facts eventually. and public opinion is -- the public is very, very concerned about it. let's remember that this was covert surveillance. it was illegal. there are potentially hundreds if not thousands of victims. that's the sort of thing that went on in the former soviet union states. not in the liberal democracy back in the united kingdom. and parliament is going to make sure that we create the conditions that a newspaper group, no matter how powerful are ever allowed to get to this situation again. >> tom watson, thank you for joining us. up next, the end of don't ask, don't tell. the secretary of defense and the joint chief say repeal it. the president is ready to give the order but like everything else in the military, one command never changes. hurry up and wait. ndoned racetrs in america today. automotive performance is gone. and all we have left ar

this is a victory for parliament. this house has been criticized in recent years for being timid, irrelevant, and out of touch. today, parliament has shown an ability to speak without fear or favor. to speak to our great traditions, to show that we cannot hold power to account and that nobody is above the law. to paraphrase the late lord dening, the you ever so high, the people are above you. this house, all members, all parties have given voice to the people and said to rupert murdoch, abandon your bid. the country wanted his voice to be heard. today, it has been. >> i call the leader of the house, sir george young. >> mac began by welcoming the tone of the gentleman's speech this evening, which i very much hope will set the tone of our debates this evening. if i may say in response to the interventions from the other side, i think it is entirely appropriate that the leader of the house should speak during this debate given that today represents a victory for parliament and for those whom we represent. mr. speaker, a

parliament members at the committee apologized to the murdocks. what about this?he day's testimony and where we are in this scand? back with the panel. steve? >> i'd like to think if i were in that position my wife, too, would come leaping to my defense so eagerly. an interesting day. i don't think we learned that was devastating to the murdock or devastating to news corp. it moved the process along in a gradual way. what we have seen in the past several weeks. charges are serious. i think it is sort of the ultimate in breach of journalistic ethics to imagine hacking in to someone's voice mail or tapping in, in any way to the sensitive conversations. that said but one thing that struck me for the past several days and today in particular the overwhelming american media coverage of this scanda scandal. it has gotten the point it's absurd. the "new york times" today had by my eye had doubled the coverage of the murdock "news of the world" scandal than of the potential u.s. debt crisis. that has been a pattern we've seen at the "new york times." elsewhere as well. th

it's also clear that parliament has been misled.are very conscious of the committee that there is san ongoing police investigation and possible criminal proceedings to follow and this committee would not wish to jeopardize that, however, we are encouraged by the statements that have been made by all the witnesses this afternoon that they wish to cooperate with the committee and help us to establish the truth. so as our first witnesses this afternoon, can i welcome the chairman and chief executive of news corps, rupert murdoch and the deputy and chairman executive of news international, james murdoch. can i also thank you for making yourself available to the committee this afternoon. >> we are more than prepared to talk to you. >> thank you. perhaps i might start with mr. james murdoch. you made a statement on the 7th of july in which you stated that the paper had made statements to parliament without being the part of the facts a and that was wrong. you said parliament was misled in has we had been told. can you tell us to what exte

. >> britain's parliament has gone into its summer recess.ament channel be kept the last several months in the house of commons in british politics in this one-hour record review program. some of the issues covered include the news corp. phone hacking scandal come in the royal wedding in president obama says it. >> hello and welcome to the special edition of the record review, when we look after an eventful summer term at parliament, he turns anything distinguished guests, rigorous questioning and much in the way of political drama. >> for the grandson of a kenyan who served as a cook and the british army to stand before you as president of the united states. >> this is a shocking mass. in fact, it's a scandal. >> have you ever received payment for any news? >> absolutely not. i can't believe he suggested that. >> the fact we do not have democratic legitimacy undermines our capacity to act as a check and balance. >> why disney know about these arguments? the house of commons is on this bill tonight. >> you can ask about strike because these i

and as the french parliament is due to vote on a continued intervention in libya analysts highlight inconsistency in paris is a frantic attempt to find ways around the. world wide news live from the heart of moscow this is r.t. rescuers are searching through a player and the volga river cruise ship as the bodies of dozens of children could be still among those trapped underwater almost ninety people have now been confirmed dead after the heavily overloaded pleasure cruiser sank in the republic of tatarstan on sunday our correspondent now has more from the. scene holmes glowing in a memorial tribute to those that died this is a large river with many craft traveling up and down it's a lot of the crews on leadership. well of knowing the crew on the ball daria. paying their respects now to the ship itself. we still hope that our daughter has survived as you have said an air pocket or some other way yes we still believe that our little angel is alive. is that people were basically buried alive in time michael coffin we managed to get out through the windows i was there with my ten year old daughter i

this is the mother of parliament where we have free speech. this question will be heard and that's the end of it. >> given the butler review in the last parliament, does the prime minister believe that such informality on his behalf was consistent with what is expected? >> what i would say to the honorable gentleman is one of the things that came out of the evidence yesterday is -- is that whereas rebecca brooks was invited six times a year to number 10 downing street under both the former prime ministers, she hasn't been invited to number 10 downing street by me. now, of course, i have set out the great contrast is i have not -- i have set out all of the contacts and meetings that i've had in complete contrast to the party opposite and i can say -- i can say this to the honorable gentleman, i've never held a slumber party or have seen her in her pajamas. >> thank you, mr. speaker. [laughter] >> the confidence of my constituents -- >> order! order! i want to hear and the house wants to hear mr. brian binly. >> i will start again. the confidenc

in precisely the same way that we set up on that it was misleading his parliament because this money is not ok to use this money for the french and the german banks and of for saving the banking system not saving but preventing another collapse of the banking system all right well finally of course we're talking you're actually sitting on a greek island how much do you want for it how much do you want for your children. yes well that sounds very impassioned but as we know it is more all sad no place and today's global economy morals don't trade on any exchange therefore morals down exist sal it's just it's all everyone's got their price and today's globalized economy so out there is there that one twenty or a little less passion that maybe next week but let me answer this question in a dispassionate way i was talking to investors from switzerland and germany who really want to get their hands on duty gas and they said to me off to their guns on the last few days that they will withdraw from the from the competition to get these outfits and they will withdraw because they can sense th

uk police are questioned by parliament.or failure to investigate hacking attempts. the hearings come as "the new york times" reports today that aids close to the murdoch family spent years and millions of dollars covering up wrongdoing at the now defunct "news of the world." the times cites interviews with dozens of current employees who say news of the world paid police for information. another new twist to the story, a former "news of the world" reporter and the scandal's first named whistleblower was found dead yesterday. there was an ongoing investigation but police say the death is, quote, not suspicious. the guardian newspaper is reporting that british police found a bag in the trash near rebecca brooks' home. they say the bag contained a computer, a phone, and paperwork. the guardian says detectives are exam anyo examining the bag. rupert murdoch is considering stepping down. he could be replaced by chase carey. meanwhile, standard & poor's saying it may cut the credit rating, citing risks, the agency's warning comes

so parliament was sidelined. that is the argument made by quite a few people. a professor will appear in court. he is a law professor in berlin. he said the following -- >> there is an indispensable obligation to control public funding and public expenditure. they cannot give a general authorization to international agencies to spend money for the sake of rescuing the euro or stability of the euro zone. >> what about events in the interim while this runs its course? i don't believe everything goes on hold. >> it does not. the government will have to justify its position to the court to say that it was constitutional. it will also be mindful of what the court might say. as it negotiates the greek a bailout, it will have to go back to parliament frequently just to make sure it does not get into any difficulties over bailout ii. the constitution will restrict its action to bailouts. >> all that debt. if they think they have problems, how about obama's issues? >> it is unthinkable to even talk about it. it highlights the peculiar times that we live. this is all abo

also as the french parliament you said you to vote on continued intervention in libya palaces highlighted inconsistent scenes in paris is trying to get tempers to find ways out of the down . and global markets are on the decline in europe falls to four month lows as e.u. leaders demonstrate little action to prevent the contamination of sovereign debt problems find out more and this is our thing in twenty minutes. very warm welcome to you this is r.t. live from moscow recent shots rescuers are searching through a playroom in the sunken volga river cruise ship as the bodies of dozens of children could still be among those trapped under water almost ninety people have now been confirmed dead after the heavily overloaded pleasure cruiser sank in republic of on sunday our correspondent for the latest from. here now some holmes glowing in a memorial tribute to those that died this is a large river with many craft traveling up and down it a lot of the crews on most ships would have known the crew on the boat daria. paying their respects now to the ship that sank. we still hope that our daughter

and indian art itself i'm now joined live from dublin by joe higgins he's a member of the parliament thanks very much indeed for joining us so this downgrading surely hasn't come a good time for ireland helpful or destructive what's the feeling there in and. the point about this latest twist of the news is. it shows the failure of the policy to date of polishing the irish people for billions of gambling debts by european bankers and irish bankers with property speculators in ireland. putting out on the shoulders of ordinary people increasing their taxes cutting their wages and cutting their public services in order to pay these bankers bought causing further economic crisis and thereby giving the rating agencies the excuse to say that the economy is. failing and that there therefore there may be. an inability to pay the debts in the next in the next two years and therefore reducing the. i have to say however these rating agencies like all the situations in the financial markets how of north credibility in reality they are part of the problem not part of the solution they were up to t

in britain, members of parliament will pepper news corp chief rupert murdoch with tough questions later today, outraged over a string of allegations reporters for the paper hacked mobile phones to get scoops. murdoch's apologized. much more on the story justice ahead on "world business today." one of the first journal itss who exposed phone hacking by "news of the world" has been found dead. sean ward said andy coulson hacked into phones. police are not treating the death as suspicious. >>> a u.s. official says a meeting between the u.s. and libya at the weekend was meant to deliver one message, that moammar gadhafi must go. libya called the face-to-face talks in tunisia a first step. the u.s. says the meeting was a one-off event. >>> the women's world cup team soaked up the limelight after bringing japan its first cup title. japan's the first asian nation with a world cup championship. those are the headlines. auto' jane verjee at cnn in london. "world business today" starts now. >> a very good afternoon to you from cnn hong kong, i'm alicia tank. >> good morning from cnn london. you'r

you had the testimony before parliament.ime minister today and then there's the separate police investigation. why does this testimony before parliament even matter? where does it go? >> well, i think that the next thing that's going to happen is this police inquiry is going to continue to roll on through the summer and that we could see more arrests. we could see more evidence coming out. we might get more interesting details about whose phones were hacked, about which individuals in news international are alleged to have been responsible. don't forget also, that a lot of these people that have been arrested like rebekah brooks and so on haven't actually been indicted or charges yet, just arrested and released on police bail. we may get developments on that front, as well. it's fascinating stuff but a long way to go yet. >> appreciate that. dan rivers from london. >>> time now for a look at some of the other stories we're following. police in montgomery, alabama have made the biggest cash seizure on record. they pulled over

and it does at the fourth came however at a price which has outraged the greek public the greek parliament radical stares he was demanded by the u.n. international monetary fund including some off of state assets and so with the budget cuts. there's almost eighty billion euro m.p.'s now already but it's the measures despite widespread public because the show with protesters saying the current started watching and people not responsible for the economic mess three days of demonstrations left hundreds injured as angry crowds clashed with police who responded with tear gas and stun grenades and financial journalist demetri coffin has has been with protesters and syntagma square the focal point of an arrest. i think the only real option for them right now for the protesters and for the greek people is if some sort of political option or movement develops out of the society out of the ranks of ordinary people who are intelligent or capable who come from universities who have some idea of what the country needs cording to scholars here in greece will cost to tional scholars and former members of

they won their first seats on the german parliament. it years later, -- became the first environment minister. after the chernobyl in the clear disaster, fears of radiation and its long-term consequences mobilized germans. the anti-nuclear movement, by then more than a decade old, gained ground. protest movements have been generally more successful in germany than in other countries. >> the federal system in germany means that at the very least, such local movements can have an impact at the same level where they can cause problems for regional governments. >> in the 1990's, anti-nuclear protests concentrated on the nuclear waste transports. there was massive civil disobedience against moving the waste to the temporary storage site. in 1998, the social democrats and the greens came to power. and early 2001, they legislated to phase out nuclear energy within 20 years. when the nobles received generous state subsidies. >> in the long term, there is hope that the german energy industry and its associated technologies will get a boost. >> w