the domestic qantas leap business and qantas domestic business have been able to see improvement as a result of the economy in australia improving. we know we cannot make profits in those businesses to counteract the losses we'll experience on international. >> okay. now, qantas pilots are saying that with this restructure, you are risking the airline's safety record. they say, if you remove highly skilled, highly experienced pilots in this restructuring, safety could suffer. how do you kaunter that given qantas's safety record is unparalleled in this industry. >> yes, it is. this is an example of the union leaders, unfortunately, trying to damage the qantas brand to try to put management under pressure to concede to outrageous demands. we're not going to do that. it's a tactic they've been using for some time. let me absolutely guarantee there's never going to be risks taken with the safety record. i'm the only ceo in history of qantas that grounded a fleet. i believe with the engine failure we had, the a-380 wasn't safe to operate. i grounded our fleets during the volcanic ash issue

qantas, too popped to nearly 3%. but the national carrier actually e-raced all of the gains. as you mentioned announced it's going to set two new asia-based airlines. flat market. we'll see what happens in europe and blowback from there. >> watch what happens with mr. sarkozy and ms. merkel. i want to come back to china for a minute. one of the chinese newspapers was talking about the need to let the chinese currency continue to appreciate. what are we going to see there? >> the quick answer to that is that we could see the u.n. appreciate more than the last few years. take a look at the gains in the yen over the past year. this time today in 2010, it was trading at this much. one u.s. dollar to 6.8. today it's trading at this amount, 6.38. this is more than a 6% appreciation but some critics are saying that the u.n. is undervalued by as much as 40%. the newspaper that you mentioned, the china securities journal is advocating widening this current trading ban. it's a range of half a percent on any given day. earlier i spoke with a few china economists and they said it's conce

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they want to focus more on asia. >> qantas is currently making big losses high. the chief executive said that major steps are needed. >> this is a historic opportunity. creating a platform for future business. >> they also said that they are setting up a new premium airline based in asia. the changes will come at a cost. up to 1000 jobs could go in australia. what's making a giant oil discovery in the north sea, it may be one of the 10 largest ever finds on the continental shelf. >> under the floor of the north sea, much larger than previously thought, these are connected. 67% government owned, this is likely to be the biggest oil discovery since the mid-1980's. the world's largest oil reserves lies in the saudi arabian desert. about one-quarter of all global reserves. until now, norway had 29 billion barrels. forecasting 1.4 billion barrels, germany's reserve is only 3 billion barrels. >> analysts say that the new fines could be worth about 30 billion euros at current prices. >> sports? >> we are talking about a man who is one of the most experienced windsurfers

qantas says that would cost more than $150 million over four years and that would lead to job lossesd higher airfares. >>> the half year numbers for the swedish automobile own saab are due to come out. with cars stalled on the assembly line for the lack of parts and employees waiting for late wages, it's not likely to be good news. rumors of possible bankruptcy are continuing to swirl. saab says it's looking at all options including a reorganization of the company. the situation has been stagnant. andrew. >> the u.s. labor relations board has just issued several new rulings favorable to the national -- to the nation's unions including one likely to make it easier for health care workers to unionize. the rulings come just before america's labor day holiday this weekend. and at a time when some wonder whether unions still have much of a future in the u.s., poppy harlow reports. >> this is basically my office. >> reporter: roger young junior spends his days in manholes, splicing cables for verizon just like his father did 40 years ago. >> are you a union proud family? >> definitely. >>

jal is planning on benefiting from the experience of the australian partner, a subsidiary of qantas airways. jetstar japan will be based at narita airport and begin service by the end of 2012 and offer domestic flights and international routes linking asian cities. its investors are considering providing services to and from kansai airport in osaka. a move by all nippon airways apparently prompted jal to break into the low-cost carrier business. ana has already announced plans to launch two budget airlines next year. one will be based at narita and the other at kansai airport. >>> and now let's bring you weather forecasts around the world. >>> that is all for now on "newsline." thanks for watching. have a good day. ♪ >> this university town in the philippines is home to more than a hundred schools and research institutes. one coffee shop there is a local favorite. crowds ever students gather here as the sun goes down. the man making coffee behind the counter is jabez, 23 years old. he is a proprietor of this shop. he opened this coffee shop in the neighborhood that nurtured him. he served h

she's available in hotels for coolest m one hundred zero zero zero zero zero zero zero toto keep qantas it is congress moto east west no it's almost goes into. force sky from some s.e.'s not.

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robeson ship qantas. wealthy british scientists. find out what's really happening to the global economy in. the headlines on. a broken. judge ordered the arrest of the country's former prime minister yulia timoshenko she's been on trial since june for alleged misuse of. deals with russia in two thousand and nine. markets worldwide after the worst downturn since two thousand and eight some experts have been predicting a new wave of global recession in the wake of the weakening u.s. economy and. president medvedev warns that the syrian leader his fate might take a grim turn if he fails to carry out reforms comes as the siege of an opposition held city continues and more protests are expected friday. and a group of hardline muslims is trying to enforce a law in london critics say that could lead to further cultural divisions. in full is just a fifteen minutes away with bill dought. sport with natasha. thank you hello and welcome to the sport coming to live in our team first let's take a look at the headlines big expectations with the p

view was mind like a tsunami of human emotions the first to feel the force of the tsunami were the qantas jewelry they had to delve through a record pool of more than a hundred thousand food do you think should we choose two hundred images. each best reflect last year's event fifty six photographers from twenty three countries won one of the industry's most prestigious prizes in an age where everyone carries a camera and can get a lucky shot the professional still have an age cheika thirty people who have dedicated their life to photo journalism and have a great experience but that's a completely different vision the quality of fictions they take is so much higher citizen journalism will never replace professional journalism but the tooth can quite exist perfectly well. the world press photo contest is rated to celebrate the coexistence a special mention went to nonprofessionals such as the chilean miners for photographs themselves while trapped for sixty nine days on the ground the view was of the moscow exhibition a welcome by portrait of giuliana sunshine which to result to be one of t

never liberally strongly and moreover many of them were engaged in one of them are more innocent qantas's of the crimes committed by nazi germany. in fact in recent years is still you know thirty's and we just increasingly difficult for those who come to oppose the events this year once again members of the anti fascist movement we detained at the buddha . by the police because we were traveling in was stopped for questioning on the way in i was stopped. i have a mantra prohibit the country of. any kind of other opinions than their own opinion which is very very much supporting the movement's revival of the far right across europe has caused growing concern right party. is it gaining ground in countries like korea finland and france savage solution by far right extremists and is predicting norway recently is true just how dangerous these years remain i think this is a problem with the. uprising of. extremism and far right wing extremism and the fact that you with all of these. calls causes. these say far fails to take decisive action to stop the nazi commemorations within its borders push

moreover money of them are engaged in and all of them are more innocent qantas's of the crimes committed by nazi germany. in fact in recent years he is still in you know thirty and made it increasingly difficult for those who come to oppose the event this year once again members of the anti passions movement which attained at the buddha today that by the police car we were traveling in was also a stop for questioning on the way in. i haven't. seen any kind of other opinions. on which is very very much supporting the. revival of the far right across europe has caused growing concern ultra right parties and gaining ground in countries like australia finland and france savage sluice are by far right extremists and as bravely can norway recently has driven home just how dangerous these years remain i think this is a problem for the. uprising or for. extremism and for right wing extremism and the fact that authorities. calls. doesn't want to absorb this be you say far failed to take decisive action to stop nazi commemorations within its borders bush's push for international legislation to con

in the future but we're making the first steps now thirty three year old we've given you want to qantas to become the country's first space tourist he may be lined up for nothing more than a suborbital flight but he says it's just the start so must be some of the things that all boys dream of this to feel would only fuel the field but there are so many restrictions it can prevent you from legal disputes for example health money. a luxury room in one of the world's leading hotels certainly has its advantages having to choose between sleeping vertically or sleeping here i'd certainly go for these cushions but there's one thing about space hotel that even the most luxurious place on the planet won't be able to be and that is the me from the window after all that's what most people go there for the view of planet earth in all its beauty gary pushkar r.t. moscow. all right coming out soon an interview with british m.p. barry garden at from the main opposition labor party and also the sport that's not our business update with karina. welcome to our business bulletin this out the latest volati

will be in the future but they make the first steps now thirty three year old leave when you want to qantas to become the country's first space tourist a media lined up for nothing more than a suborbital flight that he says it's just a start so much of the old boy's dream of yours to feel will only fuel filled but there are so many restrictions that can prevent you from going to space for example health money. a luxury room in one of the world's leading hotels certainly has its advantages having to choose between sleeping vertically or sleeping here i'd certainly go for these questions where there's one thing about space hotel but even the most luxurious place on the planet won't be able to be and that is the view from the window after all that's what most people go there for live you of planet earth in all its beauty gary archie moscow you're up to date our special report is coming your way shortly right after the business news and then a recap of the headlines. welcome to our business this hour the latest volatility in the markets has seen russia have a five year high in its weekly outflo

to make the first steps now thirty three year old leave guinea want to qantas to become the country's first space tourist a media lined up for nothing more than a suborbital flight he says it's just the start so must the feel of the range the old boy's dream of this would only if he were filled but there are so many restrictions that can prevent you from goals for example health or money and that's certainly something that is likely to become a stumbling block the most earth as well as the cost of the trip. at the moment the estimate price for twenty seventeen starts at about sixty million dollars. it is a really rich individuals or corporations interested in their own space research it could also be an interesting options for states which don't have a national space program but we can offer them a really good deal. and look she room in one of the world's leading hotels certainly has its advantages having to choose between sleeping vertically or sleeping here i'd certainly go for these cushions but there's one thing about space hotel that even the most luxurious place on the planet wo

will be in the future but in making the first steps now thirty three year old leave guinea want to qantas to become the country's first space tourist and maybe lined up for nothing more than a suborbital flight that fee says it's just the start so much to both of them to the old boy's dream of hers to feel lonely fewer felt like there are so many restrictions that can prevent you from goals for example health or money. a luxury room in one of the world's leading hotels certainly has its advantages having to choose between. sleeping vertically or sleeping here i'd certainly go with these cushions but there's one thing about space hotel but even the most luxurious place on the planet won't be able to be and that is the view from the window after all that's what most people build their own view of planet earth in all its beauty. archie moscow. up next is the latest in business with kareena stay with r.t. . hello welcome to play this latest volatility in the markets has seen russia have a five year high weekly outflow analysts from emerging portfolio fund research say that point investors too

qantas norco thanks very much for this update let's cross over to the figures and let's hear how the markets are doing now u.s. stock futures have opened lower but both are down the nasdaq managed to recover and now. pointing upwards but economic jitters and uncertainty about financial finance continue to fuel another day of selling around the world stocks in europe have recovered from early a shop falls but are still trading in the red the footsie is trading half a percent lower while the dayaks is down less than two percent some banking shares were hit again with lloyds lloyds banking group down five point four percent in london and france's b.m.p. party down three point nine percent here in moscow the markets are trading in negative territory sending purrs these losses the r.t.s. in the markets losing one and a half and nearly two percent respectively and here is the snapshot of the markets movers on the my six this hour energy majors among the decline as down two and a half percent banking stocks are worst hit spread bank is losing over five percent and bt be dropped over four pe

will be in the future but in making the first steps now thirty three year old leave guinea want to qantas to become the country's first space tourist he may be lined up for nothing more than a suborbital flight but he says it's just the start so much of the old boys dream of this to feel what only a few have felt but there are so many restrictions that can prevent you from gold space for example health or money. a luxury room in one of the world's leading hotels certainly has its advantages having to choose between sleeping vertically or sleeping here i'd certainly go for these questions but there's one thing about space hotel that even the most luxurious place on the planet won't be able to beat and that is the only from the window after all that's what most people go there for the view of planet earth in all its beauty gary pushed over party moscow. business is next here on our team with kareena stay with us. well welcome to our business thanks for joining me the uncertainty playing the world's financial markets pushed capital outflow to a five year high last week analysts from emerging

moreover any of them are engaged in and all of them are more innocent qantas's of crimes committed by nazi germany. in fact in recent years the a stain you know thirty and made it increasingly difficult the days to come to a paisley event this year once again members of the anti fascist movement detained at the buddha today that by the way the car we were travelling in was a stop the questioning on the way in i was stopped. i have an entry to the country and of course any kind of other opinions of their own opinion which is very very much for supporting the movement's revival of the far right across europe has caused growing concern right parties a gaining ground in countries like austria finland and france savage sluice are by far right extremists in this brave aching norway recently driven fame just how dangerous these. i think this is a problem off. the extremism and far right wing extremism and the fact that the authorities in addition calls. calls. doesn't want to sort of this be the sea far fields take decisive action to stop nazi commemorations within its borders bush's push fo

welcome back to the qantas the report imax keyser time now to go to kansas city missouri and stock with the man responsible for putting more than one thousand bankers behind bars in the nineteen eighties professor william cable luck bill black welcome back to the kaiser report thank you all right professor black markets around the world are once again in chaos as bank shares around the world tumble with things that have been different had eric holder a personal banking criminals in two thousand and nine. yes but things would have been far better if his predecessor mu casey had pursued it's a question you could have prevented the entire crisis obviously what happened in the a bomb administration as they decided to clear victory and go home and so secretary geithner has been going around saying that he saw all of the entire financial crisis for less than it cost to deal with the savings and loan debacle and of course this is complete nonsense and the chickens have come home to roost and they're being slaughtered as we watch sam's like the basis for not pursuing the criminals on wall stree

community is paying attention to but at this point they're divided on how to react and they're working to qantas some kind of compromise. they troubles and see where show no sign of letting western powers consider exerting even more economic pressure on damascus and james right on middle east politics because president assad's continuing crackdown on protesters during the holy month of ramadan is no coincidence. in syria the only really effective opposition is externally in terms of organizing internally there is a huge public protesting opposition that don't want sad but we don't know exactly what they do want because there's no real political space for them to operate in now one of the reasons why assad is attacked hama on the start of ramadan is because he's afraid that ramadan provides a bigger political space within the organizational structures of mosques in this particular time of the year for his regime to be challenger he's clearly worried by that and is taking steps against what the syrian opposition would hope for is that the regime doesn't bring down the state with it that it chooses

if you're flying next time on qantas airlines you might be a little surprised by what you might see take a look. john avlon though i guess something more complex. to some version. that's right quantas airlines is airing a documentary called the female orgasm explained on their flights right now. when i was on for the good movie with show and i came out as one hundred percent prove i'm going to go with one hundred percent proof female orgasm. i mean honestly you would not know i want you to be completely honest you would not be uncomfortable sitting next to someone not listening to talk about it in french. yes it's inappropriate i mean bring your kids i'm actually surprised i have to thank you i'm a provider you know how graphic the entire thing is right it's like there were no words it is a soft core porn with clips of real porn inside it ok i mean what do you people we're going to change my mind what i don't know i think they know that i that's what i want to know how graphic it is because the first kids on the plane they're just you know. that of course i don't know if this is i rememb

and finally, qantas airlines is now offering a documentary about sex as one of its in-flight movies.ered cheers ] which explains why my flight attendant was like, "sir, would you like some nuts? [ laughter ] they're on channel 4." [ laughter ] we have a great show for tonight, you guys! give it up for the roots! ♪ [ cheers and applause ] >> jimmy: whoa, whoa, whoa. we got a great show. great show tonight. quick announcement. i'll be doing some standup comedy at the atlantis resort in the bahamas, this saturday. [ cheers ] they found the lost city of atlantis. [ cheers and applause ] >> steve: are you serious? >> jimmy: yeah. yeah, so it's a beautiful place. lots of stuff to do. if you're down there, check out the show. here's my schedge -- 7:30, i'll be going down the giant waterslide, past the shark tank. >> steve: yeah. [ laughter ] >> jimmy: 8:00, i'll be pulling out a giant wedgie. >> steve: yep. >> jimmy: 9:30, i'm on stage at the grand ballroom. so come down, get your drink on, have a good time, at the alantis. [ cheers and applause ] it's going to be a fun show. we got an awes

. >> what -- [inaudible] bethel, maine, and that was once known as qanta. do these -- canada. do these same people affect the international borders? >> that border was, actually, it was described in the treaty ending the revolution which makes sense. you would describe what is this country that we're now becoming and everyone's recognizing. but england said, no, no, you misunderstood our wording. [laughter] maybe yes, maybe no. but after the war of 1812 there was a long and at times violent dispute between the united states and i'll say canada, it's really england, but that's the country in control, something called the -- [inaudible] war and things. ultimately, it was negotiated by daniel webster who was the secretary of state at that point, and they came up with the line in the treaty known as the webster-ashburton treaty. what's fascinating to me about the treaty is you would probably think, well, webster sat down opposite ashburton and they negotiated. they chatted, they knew each other from before. webster was really negotiating with maine. and he went through a very clev

but how about the teamwork last november when the pilots on the qantas 380 with the uncontained engineailure and subsequent multiple system failures landed safely at singapore with no injuries. life lesson number three, the importance of sound decision making and leadership. you need to make snap digs on the obstacle course -- decisions on the obstacle course. how to climb up that pyramid with only a soap-covered line to help you or how to traverse a treacherous part of the course without hurting yourself. it seems intense when you're on the race course, but i know that pales in comparison to the decisions that you all have to make at flight level 350. i know each of you can think of an accident that reflected a bad decision. from a takeoff in ten that reef to a landing in little rock. at the end of the spartan sprint, everyone gets a medal. it's not about speed, it's about completing the challenge. when you cross that finish line, it is an individual and a team accomplishment. so tonight when those awards are given out, think about what has really been accomplished. you flew thousands

how about the team worked last november when the pilots on the qantas 380 with the engine failure and multiple system failures landed safely in singapore with no injuries. life lesson no. 3 -- the importance of sound decision making and leadership. you needed to make snap decisions on the obstacle course. how to climb up that pierre met with only a soap covered line to help you. or how to traverse a treacherous part of the course without hurting yourself. it seems intense when you are on the race course, but i know that pales in comparison to the decisions that you all have to make at flight global 35 vote. i know each of you can think of an accident that reflected a bad decision from a takeoff to a landing in little rock. at the end of the spartans brent, everybody gets a medal. it is not about speed, it is about completing the challenge. when you cross that finish line, it is an individual and a team accomplishment. so tonight when those awards are given out, think about what has really been accomplished. you flew thousands of flights and thousands of miles safely, and you delivered