head when it came to light he had enjoyed favors from the rich and powerful state premier of lower saxony while he was in office as president. >> a look at the main events leading up to the president's resignation. >> wulff's test began in mid- december when it was revealed he had paid for a new house with money borrowed from an entrepreneur friends, but he had denied in state parliament having business relations with the couple. he subsequently secured a bank loan at an unusually favorable interest rate. he then tried to influence media coverage with a threatening phone call to the editor in chief of germany's most read newspaper. a short time later, he spoke in public about the affair. he apologized for attempting to influence the media but said he never granted any -- anyone inappropriate favor spiritually before the statement, he fired his spokesman without explanation. in early january, he tried again to clear his name. in a televised interview, committed to making mistakes in his dealings with the media but defended vacations his friends gave him at discount rates. in what he called

. >> in diepholz, lower saxony, marita schmidt cleared out her closet, and is donating old clothes to the red cross, assuming they'll go to people in need. but will they? we're going to find out. a private company -- ((not the red cross -)) picks up the clothes. the red cross just puts their name on it. we're subcontractors, working for efiba, this is what we do here. >> we visit the red cross district manager to find out more. >> we don't have anything to do with what's in the containers. they're emptied by efiba. and efiba is responsible for what happens to the clothes after they're picked up. >> the local red cross sells the donated clothing by the kilo. but where do they end up? we head to bitterfeld-wolfen to efiba's parent company, soex, a major international clothing recycler. on the loading ramp, we see masses of donated clothing -- including some from the red cross. pailak mzikian shows us the world's biggest sorting facility >> this is where we start unloading. you can see how they're hard at work. we get 400 tons a day. it all comes from our subsidiaries, efiba and retextil

. >> in other news, the public prosecutor in the german state of lower saxony has asked the federal parliament to strip the country's president of his immunity from prosecution. christian wulff has become embroiled in a scandal. it is alleged if he benefited from an improper arrangement for a proper -- for a private loan. he later tried to bully a newspaper from running the story. he denied wrongdoing. children have been killed after a lowry hit a school bus on the west bank. some of the children were as young as five years old. the palestinian president has declared three days of mourning. israeli and palestinian leaders have met to discuss new ways in the mediterranean. netanyahu has said the developing peaceful relations between the countries should be in the interest of the region as of hall. -- as a whole. in honduras, a painful week continues for families who have relatives inside the jail but was destroyed by fire on tuesday night. more than 300 stifel -- 350 people were killed in the blaze, but because it's not clear. >> for more than 24 harrowing hours, -- but the cause is not clear.

demanded he step down over accusations he accepted illicit favors while serving as governor of lower saxony including a large private home loan from a friend's wife on thursday prosecutors asked parliament to lift the president's immunity from prosecution over the loan scandal wolf has denied any wrongdoing. greece has more or less accepted a demand from euro zone leaders who want greater oversight of the nation's finances before they hand over the next one hundred thirty billion euros of bailout cash the looming threat of debt repayments is pushing the government into even deeper cuts leading to more public protests athens is trying to find a way to trim spending by another three hundred million euros made reports that some fellow eurozone leaders are doubtful that greece can meet its obligations it's a situation that's left some european countries more than a little glad they decided to stay out of the single currency that's as tom barton found out. a days shift nearly forty three year old team leader jimmy carlson lorries keep rolling off the production lines here its county is main work

demanded he step down over accusations he accepted illicit favors while serving as the governor of lower saxony including a private home loan from a friend's wife thursday prosecutors called for his immunity to be lifted chancellor angela merkel expressed regret at wolves resignation and social seek agreement with the opposition on a new president. major arm robbery has been carried out at the h. into limpy museum of greece two thieves entered the building where they were where they bound and gagged a female employee for stealing up to seventy important artifacts greece's culture minister submitted his resignation after the incident the robbery is the second major museum of theft in the last two months in january works from the public picasso in the drain were stolen from the country's national gallery in athens. more billionaires live in moscow than any other city in the world entertainment real estate and luxury goods market is geared up for major spenders this week the moscow team gets a sneak peek at the lifestyle of the mega rich. i can honestly say that this is the largest suite i've seen

christian wulff had been involved in, all sorts of dubious dealings, while he was state premier in lower saxonye been at around for awhile. people are just wondering what is with those allegations. the public prosecutor cannot even begin a preliminary investigation into any of these allegations you mentioned, that christian wulff took a home loan that perhaps he should not have taken at a very low interest rate, that he accepted free vacations. the public prosecutor cannot look into those as long as he enjoys the community that is attached to his office. they cannot even begin a preliminary investigation. they cannot look at records. all that is happening right now is that the public prosecutor has decided that these allegations are sufficient to warrant asking the bundestag to lift the immunity so they can look into the allegations. this could clear christian wulff or it could lead to more serious results. >> meaning that the president may have to resign from this. would you say that the pressure with this news will force the president to step down? >> this is certainly too early to say anythi

demanded he step down over accusations he accepted a list of favors while serving as governor of lower saxony including a private home loan from a friend's wife on thursday a prosecutors called for his immunity to be lifted chancellor angela merkel has expressed regret at wolf's resignation and says she'll seek agreement with the opposition on the new president. a bomb targeting mosque or shippers has killed seventeen people and wounded dozens in northwestern pakistan the blast went off in the town of power russian are close to the afghan border thousands of pakistani civilians have died in bombings over the last five years most of them carried out by sunni militants business update with kareena now. oh and while it's going to business here in arts here with me kareena malakand good to have you with me taxing russia's super rich has become a theme of this presidential election campaign from from our prime minister pushing it has put forward two main ideas first is imposing a levy on tycoons acquire huge wealth from the privatizations following the collapse of the soviet union second is a luxu

demanded he step down over accusations he accepted illicit favors while serving as governor of lower saxony including a private home loan from a friend's wife on thursday prosecutors called for his immunity to be lifted chancellor angela merkel has expressed regret at wolf's resignation and says she'll seek agreement with the opposition on a new president. a suicide bomb targeting worshipers has killed twenty six people and wounded dozens in northwestern pakistan the blast went off outside the mosque in a busy market in the town of parachinar are close to the afghan border thousands of pakistani civilians have died in bombings over the last five years most of them carried out by sunni islamist militants and now your business update with kareena. so welcome to business the sol thanks for joining me here's a warning to the super rich if you're planning to buy a mega yacht's in russia do it now finance ministry says it's working out a way to impose a new luxury tax next year that's up to prime minister putin said he wanted to tax conspicuous consumption as the price for not investing in the de

he step down over accusations he accepted a list of favorites while serving as governor of lower saxony think looting a private home loan from a friend's wife on thursday prosecutors asked parliament to lift the president's immunity from prosecution over the loan scandal chancellor angela merkel has expressed regret at wolf's resignation and says she'll seek agreement with the opposition on the new president. the leaders of britain and france plan to discuss an increase in practical help for syrian rebels which could involve giving them military advice david cameron and nick of us all cozy will hold a summit in paris to talk about what can be done to aid the free syrian army now also signed a major deal which would see the two nations work more closely and civil nuclear technology and announce joint plans to develop new on man stealth aircraft. armed gunmen from the radical islam a sect of boko haram have stormed a nigerian prison freeing one hundred nineteen inmates one guard was killed in the ensuing gun fight after the group blasted through the prison gate and using explosives author

that he step down over accusations he accepted illicit favors while serving as governor of lower saxony including a private home loan from a friend's wife on thursday prosecutors called for his immunity to be lifted chancellor angela merkel has expressed regret at wolf's resignation and says she'll seek agreement with the opposition on the new president. a suicide bomb targeting worshipers has killed seventeen people and wounded dozens in northwestern pakistan the blast went off outside the mosque in a busy market in the town of parson are close to the afghan border thousands of pakistani civilians have died in bombings over the last five years most of them carried out by. militants. in major armed robbery has been carried out at the ancient olympian museum in greece two thieves entered the building where they bound and gagged a female employee before stealing up to seventy important artifacts greece's culture minister submitted his resignation following the incident friday's robbery is the second major museum theft in the past two months and january works by pablo picasso and now were

demanded he stepped out over accusations he accepted illicit favors while serving as governor of lower saxony including a private home loan from a friend's wife but thursday prosecutors called regime unity to be lifting chancellor on a limb merkel are expressing regret at will's resignation and says she'll seek agreement with the opposition on a new president nixon. and a major been carried out at the ancient a limpia museum in greece two thieves entered the building where they bound and gagged a female employee and stole up to seventy important artifacts reeses culture minister submitted his resignation following the incident the robbery on friday is the second major museum fifth in the last two months in january works by picasso and were stolen from the country's national gallery in central athens. business update next with kareena stay with us. i. know and welcome to business here in r t thanks for joining me european gas consumers will now get russian fuel with a ten percent discount the country's gas monopoly gazprom says it's agreed to a price cut but fought off calls to increase the sp

yesterday we heard from the prosecutors of lower saxony that they want to launch an investigation into wulff and asked parliament to lift the political immunity on him in order that they can go ahead. now this needs to be voted in the parliament, spd, the opposition party, said they would vote in favor of this immunity being lifted. there's a lot of pressure on him to resign. at the moment angela merkel is still backing him, so it seems, so we'll have to see whatever the parliament may decide or not decide. it's going to depend mostly on her. >> we'll be hearing from her in under an hour and a half. we'll wonder whether she has decided to lift the immunity that he's had which may be the reason he might have to step down. this couldn't come at a worst time. here we are trying to still stitch a deal together over greece and mario monti has been the man that's been trying to soothe relations within the eurozone. things got very heated between greek and german politicians. so how important is it, do you think, this meeting has been canceled couldn't come at a worst time. >> reporter: yeah,

actually it's a genevere street near king arthur and saxony streets. i swear.hese little residents of camelot elementary school. had a great time talking to the students there. i want to thank the teach in back holding the sign, tiffany pitts, for the invitation to talk to the wonderful students. we talked about all types of weather at the camelot elementary school in fairfax county, annandale. danella, how's traffic? >>> how do you expect me to follow that level of cuteness with congestion? luckily it's not so bad this morning. traveling i-95, you are slowing down just a bit as you make your way north at quantico. travel speed, not bad. 41 miles per hour northbound. again, heading to dale city, you'll slow just for a bit. making your way to 395, so far you're at a good travel speed. on 395, you'll slow from the beltway to duke. but overall, travel speed on 395, not so bad just yet. you're looking at 56 miles per hour. and as you make your way to the 14th street bridge, that trip will take you 12 minutes this morning. now back to you both. >> thank you very muc