and we could all learn a lot from singapore. i had a chance to do just that when i sat down with the nation's prime minister in davos. it is a great pleasure to have with us the prime minister of singapore. welcome, prime minister. >> hello. >> you have always been a very careful watcher of the chinese economy. i want to start by asking you, one of the great concerns people have, looking out this year, is that the chinese economy is going to slow down. that it has built in certain excesses that in order to get out of the financial crisis, the government overspent, overlent and that these excesses are now going to bring some kind of a tough landing, if not a hard landing, in china. what do you think? >> i'm an optimist on this fund ment amentally. i think in the long term the trend will be up. they've built a lot of inf infrastructure, capacity in many industries, some in the electronics industries. but it's an economy which is growing very rapidly. urbanizing very rapidly. needing a lot of facilities whether it's roads, hospital

. >> you are watching news on the bbc live from singapore and london. the bbc gets exclusive access to the new rolls royce singapore plant. >> drug dependency could be handed down from one generation to the next. >> let's have a look at the international newspaper headlines this friday. we will begin with the front page of the "south china morning post." there is news that china may be offering a helping hand. after meeting with the german chancellor, china's premier said that the country was looking at a deeper involvement in the european debt crisis. merger talks between the world's biggest commodities trading company glen court and the mining company that strata will create an $88 billion mining giant. "the independent" revisits the issue of corporate bonuses. david cameron is under pressure to provide huge payouts to the banking industry. and good news for apple after a new survey claims that the ipad is now more popular than the pc. >> this is newsday on the bbc in singapore. >> in london, these are the headlines. police and protesters have clashed

singapore, one of the world's busiest harbors and one of the things you can find only in singapore, hundredsf ships waiting to dock. and we're standing at one of the most expensive resorts. that's the singapore model in 90 seconds. i'm wiped out. only one more thing we need to do. go up there to the 57th floor bar of the marina bay sans. there's a pool up there. and more importantly, there's a beer up there. >> you think he looks big here, check out how big he looked over there. great stuff, brian. nice to see my old digs as well. and we are not done with brian and his global trotting yet. coming up in our next half hour, brian's exclusive interview with co-founder of facebook. if you saw the movie "social network" but he'll introduce us to the real deal. coming up on "street signs" at 2:40 p.m. eastern, teem e check it out. also check out the home builders. pulte, lennar, building momentum posting solid gains in what is a very lackluster market. yesterday on "fast money," the man at the helm of toll brothers gave us an indication of why these stocks are climbing. >> so far so good. we feel

in singapore. >> it's 2:00 a.m. in london, forecasting to viewers on pbs in america and around the world. welcome to newsday. president obama has held talks at the white house with the man expected to become china's next leader, xi jinping. china's current vice president said he hoped his visit would strengthen ties between the two countries but relations between the world's biggest economies are strained, particularly over trade, currencey and human rights. >> a ceremonial welcome at the pentagon today for china's leader-in-waiting. xi jinping is known tour a fan of hollywood war films but much else about him is unknown. so in the oval office on valentine's day, a first date, a chance to see how he feels about iran, syria and growing u.s. presence in asia. >> the united states is a pacific nation and we are very issued and focused on continuing to strengthen our relationships, to enhance our trade and our commerce and make sure that we are a strong and effective partner. >> mr. xi replies he was here based on mutua

i am in singapore. >> i am in london. here are the headlines. a passenger ferry with 350 people on board has sunk off the coast of papua, new guinea. >> bitter rivalry has turned deadly in egypt. 9 fans are killed, more than 1,000 are injured. >> the u.s. hopes troops can end their combat role in afghanistan. facebook could be valued as high as $100 billion. it is 12:00 noon here in singapore. >> 4:00 a.m. in london. broadcast on pbs and around the world, this is news day. >> welcome once again. we have breaking news from papua, new guinea, because we have heard as we have been reporting that a ferry carrying 350 people has sunk off papua, new guinea's eastern coast. the operator of the ferry is a company called star shims. it lost contact with its ship after it sent a distress signal. earlier i spoke to captain noraramon with the mayor tile safety authority and he told me about that. >> it is thought to have supping. there are people floating around with their life jackets around the area of the casualty. we have mustere

singapore welcomed japan saying it would strengthen the group. singapore was a founding member of the tpp and is one of the biggest advocates. japan has secured the support of four nations, including vietnam. it is set to hold conversations with malasia later in the month. i'm patchari raksawangong in bangkok. >>> china is strengthening the military. it is trying to explain the reasons for intensifying the military activities to the international community. the national institute for defense studies released on friday a report on china's rapid military build up. the report says china wants to pursue economic development and military strategy through maritime tactics. it maintains the country is deploying ships and aircraft with good maneuverability to the china sea. the report shows that china is cautious over a u.s. defense strategy which places importance on the asia pacific region. the brief adds it wants to boost military operations. it concludes that chinese policy could move in one of two directions. the country could pursue a hard line sta

bbc news, singapore. >> i am in singapore. >> and i am in london. a reminder of the main news.accusing britain of militarizing the falcon islands. the argentinian president says that the recent british actions amount to a threat to international security. thank you for being with us. headlines on the way next. we will see you again soon. news at bbc.com/news. >> funding was made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. >> we work hard to understand, helping to provide capital for key, strategic decisions. we offer expertise and tailored solutions in a wide range of industries. what can we do for you? >> "bbc world news" was presented by kcet los angeles.

once completed trains could travel from turkey to singapore. but several vital connections are still missing. so now cambodia's modest railway line is getting a second lease of life. by 2013 the country wants to reconnect to its neighbor thailand. it's a huge investment in the future. in a country where these days the choice is between tuc tuc and four wheel drive, the return of the railways would be a real alternative. and it would help cut co2 emissions. it may not yet look like it yet, but this spot will soon be home to a trans-asian railway. for now, the so-called "bamboo train" is running: an improvised vehicle made of steel and bamboo, powered by small motors. villagers use them as taxis or to transport goods. these tracks use to connect cambodia with neighboring thailand, all the way to bangkok. now, the tracks end here, 50 kilometers before the thai border. no one knows what happened to the tracks. they vanished during the wars of the 1960s and 70s. at the border crossing poipet, large trucks carry goods between thailand, cambodia and v

i am in singapore. >> i am in london. the headlines. mitt romney wins a clear victory in the republican primary in florida. >> mr. president, you were elected to lead. you chose to follow. now it is time for you to get out of the way. [applause] >> still supported by pakistan, make a's source in the afghan taliban. >> demanding action. will russia back in international plan for syria? the british establishment takes advantage of a man who broke one of the biggest banks. it is 12:00 noon here in singapore. >> it is 4:00 in the morning in london. broadcasting to viewers around the world. welcome. mitt romney has won the latest contest in florida to choose the republican party candidate for the u.s. presidential election in november. with 82% of the votes counted, he has polled 47%. newt gingrich received 32%. the other candidate, rick santorum has 13%. what congressman ron paul has 7%. both remain in the race. mitt romney declared himself victorious in his speech to his supporters in tampa. >> you know, three years ago this week a nearly

they call on singapore to share best practices in economic planning and labor development. the city state will offer technical and vocational training for workers in myanmar. following the meeting, he visited a public housing compound to study singapore's urban development policies. and that's it for our bulletin. >>> people in myanmar have seen profound changes in the last year. the country has been taking steps towards democracy since a new president took office in march. the government released more than 600 prisoners in january. they included political prisoners. government leaders agreed to a ceasefire with the rebels to end more than 60 years of conflict. pro-democracy leader aung san suu kyi registered as a candidate in parliament bi-elections set for april. this encouraged western countries to consider lifting their democratic sanctions. all of these developments have changed the way people, especially young people, live their daily lives. >> reporter: change is in the air in myanmar. >> many people go the traditional way. that means down to the ankle for men and wo

therefore, no surprise that yale of the united states plans on approaching singapore next year. that's going a lot further from just opening an office. yale is actually collaborating with the national university of singapore to establish an autonomous college. >> is the competition to attract more students likely to get more heated? >> yes. japanese university is hoping to attract such students and contribute to the growing trend of education. >> thank you. >>> hi there and welcome back. the snow that has spread in central japan caused a little bit of travel disturbances. also more than 190 injuries due to the snow that had accumulated and also 300 or more accidents. but that has tapered off, n much of central japan as a low-pressure system is moving your way the next 24, bringing lots of drier and calmer weather with the high pressure that will be dominating much of the area. this low-pressure system is going to be developing as it moves the northeasterly direction, and that's going to be another round of wet weather to come for us in the central portion of japan. showers will

for more on this issue we're joining singapore. we are talking to the chief executive officer of the world's largest international organization dedicated to protecting the world's oceans. thank you so much for joining us. first off, please tell us, how serious is this problem of overfishing? >> it's serious. we have seen in the world a decline in the catch. you see -- add up the weight of all the fish caught in the world, it grew year over year over year up until the late 1980's and then it began to decline and we're on that downward path very sadly right now. >> what has caused this? >> overfishing is a good summary word. taking too much fean out -- too many fish out of the ocean. can you think of the ocean as aback -- you can think of the ocean as a bank account. >> withdrawing too much. >> you're either living off your interest or burning off your capital. >> living beyond your means. is there a way of eating wild seafood sustainably? >> indeed. we believe that this is something we it turn around. and that by rebuilding the capi

. >> it is new and in singapore. >> it is 4:00 in the morning in london. -- it is noon in singapore. good >> it is 4:00 in the morning in london. welcome to newsday. in syria, at least 100 people are reported to have been killed by government forces on tuesday. the red cross has called on the government and rebels to agree to a daily cease-fire to allow medical supplies to civilians. the u.s. said it might consider giving military help to the opposition if talks fail. >> and lomonosov region and when ominous sign in the suburbs, syrian tanks rolling through a two reaffirm the government. in some places, shells rained down in the hundreds. damateur video from inside the district. it fits the pattern of the last 17 days. a syrian opposition leader visiting from damascus said the situation for the residence is desperate. >> you cannot move from one area to another safely, and there is a lot of violence, security forces. >> the euan described it as a major human rights crisis. the international red cross called on both sides to arrange a daily trees to get food and medicine in, but there

why they are causing a stir at this year's singapore air show. time to look at some of the stories that are making the headlines around the world. the front page, it warns that iran could cut off all exports to europe if sanctions are passed. women in britain are losing their jobs at a faster rate than men. that is according to a report in the independent. female unemployment is at 1.1 million. the moscow times investigates what will happen after certain hiv prevention programs are phased out in russia. the government says it will step in. local ngos are worried successful prevention methods may be discontinued if officials disapprove of them. the queen rides to the rescue of the church. in her first public engagement, the quinn described the church of england as being misunderstood and underappreciated. >> this is newsday. >> these are the headlines. the president of honduras as ben's the officials in charge of the national prison system after a huge fire kills three and 50 inmates. >> the united states downplays the significance of what iran sa

singapore welcomed japan's entry. singapore was a founding member of the tpp. japan has secured the support of four nations including vietnam and brunei since january. it's set to hold consultations with malasia on friday and australia and new zealand later in the month. and that will wrap up our bulletin. >> we have weather up next. >>> welcome back. let's take a look at your weather conditions starting off with asia. we have a high pressure system dominating much of mongolia and north to northeastern china. much of this high pressure system is where the southern flow surges. we will see showers in southern china continuing and here in central china portion that could be wintry mix. accumulation of snow could actually be as much as five centimeters there. down in the philippines, we're going to be seeing those thundershowers yet again to be prevailing for the next several days. winds are also strong so the coastal areas will see high waves. let's talk about japan for western half of japan has been seeing staggering amounts of snowfall accumulation. this 195 ce

it is 12:00 in the afternoon in singapore. >> it is 4:00 in the morning in london. broadcasting to america and around the world. welcome to "newsday." >> a warm welcome to you. we bring you the latest news. reports from brussels say eurozone finance ministered have reached an agreement. the deal came after talks that went late into the night lasting almost 12 hours are said to be worth 130 billion euros. in return, greece will undertake to reduce its debts to no more than 121% of its g.d.p. this is scene live we have been watching for the last few hours or so. we are expecting the eurozone finance ministers to gather and give us further details on the announcement of the plan that was agreed within the last hour or so. we will of course bring you the latest as soon as that happens. as daniel griffith catches us up and keeps us up to date. >> finance ministers and other officials arriving in brussels on monday to decide if greece would get a second massive bailout to stop it from going bankrupt. i'm opt pisk. we need clear political approval from the eurozone. >> the

so i'm not saying we should go the singapore model. there's a lot of examples like that and i think we have a lot of places like that in the u.s. where we can get a lot of things going. i think when you mentioned this to external players, investors or organizations, if they could actually see and meet people like that, these states and cities are like countries in and of themselves. so i think it's a very big push and if we could provide more transparency domestically and globally to, where are the people that actually really want to make something happen, who can we communicate with? i think we can get something moving and your race for the top idea is a good one. if we can get other cities and states seeing that we can do it, i think people will start to push. but you look at ataska in minneapolis and you look at how business government and a social sector have come together for big issues, there are places like that that actually really want to move and i think we should really push on that. >> that's great. questions right over her

i heard the president of singapore over the weekend being interviewed, and singapore is ranked as the number one place in the world to do business. and i was struck when asked what they attributed their success to, the number one factor was the fact that they educate all of their children based on merit for free. his number two factor was infrastructure. now, the republicans have voted against improving the infrastructure and have actually proposed cutting education. the president of singapore never mentioned corporate income taxes or the capital gains rates, it was not even on his list. and i'd like to know what your feeling is. how would you rank those two factors, infrastructure and education versus corporate tax rates? which one is more important for bringing jobs back to america? >> thank you, ron. >> ron, i think it's a good point. and i would rank them right up there with tax changes. and i would not underestimate the value of reforming education and also doing some serious infrastructure investment. let's talk about education first. we have an education system in this country

now that's a good example isn't it it isn't it isn't i mean say singapore is this pretty typical in many ways i mean it was really very much an elite city state with a lot of businessmen from who fled from communist china the top businessmen from shanghai and so on the day left to go to singapore so really had a head start in demographic terms and in terms of business freedom of course it's always comes top of the league tables in terms of business freedom social freedom it's not so good of course what about china of course being part of that emerging group of the colonies the so-called brics countries can those brics countries expect a robust future all should indeed the world bank be saying they too should reform and be careful of some form of economic collapse in the future. well of course each of the members of the brics are very different so i think china could have short to medium term problems because they made a massive mistake of this huge fiscal stimulus response to the financial crisis so there are lots of bad investments and this. being they need to be on pitch in china

the singapore tourism bureau -- board -- there is something for everyone. singapore airlines -- a great way to fly. poongsan corporation, forging a higher global standard. the ctc foundation,the rotondaro family trust afo communications. -- and the rotondaro family trust. >> you have been in iraq and afghanistan. i want to talk about afghanistan as a country and as a people. you were there as a civilian and as a soldier. when i see afghanistan, -- say afghanistan, what triggers in your mind? >> the terrain is as formidable in difficult as the people. [laughter] >> interesting. >> the people in our rural areas, predominately were we are fighting, the people live in peace with the land as much as possible. if they do not save enough food, they start in the winter. there are valleys shot off because of snow fall. when there are rivers flooding, there is not much to mitigate them. it is a very primal existence. >> it is agrarian? >> overwhelmingly. >> so, what is the population of afghanistan? >> a lot of people to not realize that it is physically and numerica

it is 12:00 here in singapore. this is newsday. the julia gillard has called for an election after the resignation of our foreign minister. kevin rudd step down. he said he could no longer serve without confidence. >> the prime minister came out to defend our record and her abilities. for the sake of the party and the country, speculation about her leadership had to end. kevin rudd, the man whose job she took, what was the center of the argument. >> in order to settle this question once and for all. i believe it is in the interest of the party, but much more important in the interest of the australian nation. >> speaking from washington where he resigned, kevin rudd announced his intention to run and made clear only he could save the government. >> [unintelligible] >> speculation about the labor leadership has dominated politics for months. tapping the government's energy and focus. julia gillard and kevin rudd do not have many political differences. this is much more personal. supporters have also been getting personal. julia gill

the singapore tourism board -- there is something for everyone, singapore airlines -- great way to fly. poongsan corporation, forging a higher global standard. the ctc foundation, afo communications, and the rotondaro family trust. you write in the book, and intelligence community, and you mentioned the national security agency -- 16 different agencies, 1000 federal organizations. that is just mind-blowing. you mentioned a director of national intelligence, and of course we have the department of homeland security. how many security top-secret security clearances do we have floating around the united states? >> we estimated there were about 865000. >> 800,000 people? >> the government has published a figure larger than that. it is over 1 million. we started out saying we would find everything that is secret in the number of agencies, programs, and companies, but at the secret level we discovered there was no way we could ever hope to count how many people operate at the caller: -- secret level, so we had to go to the top-secret. you can discover what the private sector is looking for w

the singapore tourism board, there is something for everyone. singapore airlines, a great way to fly. forging a higher global standard. the ctc foundation, a echo communications -- afo communications, and the rotondaro family trust. >> it is a big mess, as opposed to a big other. >> slavic, or fanatic? >> i am not very good with my languages. i welcome the help from you. the middle east is in turmoil. at one point, you say that the european union is irrelevant. and that america is in some kind of decline. that is a fairly bleak picture. and we do not pay much attention to south america and latin america, when we look at the world. >> 67 years ago, who was dominating in the middle east? the british and french. they left, or were pushed out, after world war ii. who replaced them? we did. with whom did we have the best relationships there? with iran, turkey, a faithful nato ally from the very moment of their founding, practically. with saudi arabia, the source of oil for us. in different ways, in all cases, it was pretty good. particularly with egy

saturday morning here in singapore. >> forecasting to be worse -- forecasting to viewers around the world. welcome to bbc. >> assyrian city, the center of the opposition has suffered a sustained bombardment by government forces, the heaviest since the uprising began last year. the united states has closed the embassy in damascus. their reports include some distressing images. >> the artillery fire was just beginning. he steered her to safety. in this part of the city, is the worst they have endured pure your -- they have endured. the shelling is constant now. you can also hear all little bit of fire. it is a pretty futile gesture. eyewitnesses say of field clinic was hit. the injured are being moved. over several days, most of the casualties have been civilians. the houses do not have basements. there is nowhere to hide. where is the arab league, she shouts. this woman's son is now badly wounded. she screams, we cannot defend ourselves. even in the midst of all this, most hide their faces. they say there is no telling what the regime will do. >> we want to give our situation to the un so

it is 12:00 here in singapore. >> it is four o'clock here in london. welcome to viewers around the world. this is newsday. hello, welcome once again. the bloodshed in syria is showing no signs of ending even as the international community is preparing cease-fires to allow aid into the area. dozens of people have been killed in the latest violence. in the past few hours, the united nations has appointed its former secretary general as a special envoy to syria. >> under fire. nowhere is safe from the shelling, even this mosque. unverified video, but the devastation tells its own story. sharing the nightmare, the british photographer injured yesterday. today, he appealed to the outside world for help. >> i was wounded yesterday. any assistance that can be given by government agencies would be welcome. >> the french journalist who was also injured said her broken leg and internal bleeding also needed an urgent medical attention. elsewhere, some ventured out for a hurried funeral. a death which left these two small boys without a father. as international di

it is 12:00 in the new in singapore. >> it is 4:00 in the morning in london, broadcasting on pbs to our viewers in america and elsewhere around the world. welcome to "newsday." dozens of police have moved in to clear up a camp set up four months ago outside a cathedral in central london. the occupy movement is opposed to what they say is corporate greed. some erected barricades to try to delay the police operation. the eviction, arranged by the city of london corp., began just after midnight local time. we have the latest. >> just after midnight, police set up security cordons outside of st. paul's, and then they lives moved in to remove the tenants. there was little opposition from the protesters there. >> to move sideways and be creative. this is not the beginning of the end. it is the end of the beginning. >> as the standoff between police and demonstrators. the mood was fairly relaxed, and it was cleared quickly. the protesters have been here since october, following similar situations in the u.s. and elsewhere. the protest left st. paul's cathedral in crisis, prompting a number of

. >> it is dead and the morning in singapore. >> 2:00 in the morning in london. welcome to newsday. in syria, at least 100 people are reported to have been killed by government forces on tuesday. the red cross has called upon the government rebels to agree to a daily ceasefire to allow medical supplies and help civilians. the u.s. has indicated it might consider giving help to the opposition if diplomacy fails. >> an ominous fight in the residential suburbs, syrian tanks reinforcing the government's assault on the city where rebel fighters are besieged. in some places today, shells rained down in the hundreds. and verify the amateur video from inside the district. a syrian opposition says that the situation for the residents is desperate. >> earlier, they are able to go safely. the security forces -- [unintelligible] >> the u.n. described it as a major human rights crisis. at the international red cross called on both sides to range for daily troops to get food and medicine in, but there is no sign of an agreement. there is growing unease about the serious humanitarian crisis and ho

i am in singapore. >> i am in london. the headlines. fresh doubts over your's economic outlook.several countries have their credit ratings downgraded. a leading member of al qaeda is released from prison in the u.k. chief un's human rights accuses syria of launching indiscriminate attacks. china puzzle next leader begins a five-day trip to the united states. it is 10:00 here in singapore. >> podcasting to view is in america and around the world. -- broadcasting to viewers in america and around the world. welcome to newsday. one of the major international credit ratings agencies, moody's, has placed the united kingdom, france, and austria on negative outlooks. italy, portugal, and spain had their ratings downgraded. certainty over the resources that will be made available to tackle the debt crisis. >> if you needed a reminder of the impact of the turbulent and events in europe, this was it. economic uncertainty, not only in greece, but across the whole continent. moody's has said it might in the months to come. it has downgraded the outlook in all three to-. it has downgraded the

look, this is singapore. i come from the united states and you don't even bring me sunshine. >> welcome to singapore. a warm welcome. so good to see you. stay dry now. stay dry. hop over to the shelter. that was brian sullivan, of course, talking to us there. i think i recognize the veeny. >>> japan's production rose up 2% from the month before, beating a market forecast. let's hop over to tokyo. >> hi, christine. factory output climbed for a second time in a row. the government revised its assessment saying production was showing signs of recovery, a phrase it hasn't used since february of last year. the auto industry was strong with production gains of more than 3%. and 18% more passenger cars were cranked out than last year thanks to an extra boost by subsidies and telecom output surge 12% due to an increase in systems. meanwhile electronic components slumped 1.3%. and as we near the anniversary of the march disaster, rebuilding efforts are expected to move into high gear. the manufacturers are forecasting

visit of xi jinping is an associate professor and faculty of law at the international university of singaporehe was so much for joining us up for the visit of the chinese vice president. will it have an impact on cyanamid-u.s. relations? >> this is the most important is that in recent years, especially when the u.s.-china relationships are at a critical juncture. china is becoming the second largest economy, overtaking the u.s. and very soon. this is when the u.s. has never, this is probably the first time in the world, especially in asia, that the u.s. had to deal with a country which is almost equally powerful. so xi jinping will become the next top leader in the next year. so it is very important for the leaders to build relations. >> what about the chinese vice president? what does he hope to achieve? is this only and getting to know you visit? >> for him, this is very much of visit initiated by the u.s. the top leadership of the visit to the united states. it happened in 1979. then hu jintao visited the u.s. the chinese leadership is rather opaque. to deal person to person, understanding

japanese had and just gave up because they had no way of getting supplies to singapore. the canadians were very angry because churchill had insisted on sending a canadian division to hong kong to help support hong kong. well, there was no way hong kong could survive. it was an isolated island surrounded by the japanese, and hong kong fell very quickly. and all the canadians who had been sent over were either killed or became prisoners. and the canadians there and the australians in singapore, those who survived helped build the bridge on the river quai. you'll remember that, the bridge on the river quai in thailand. they, those who survived, of course, will never forget the bridge on the river quai and their incarceration in japanese prison camps. we had very few victories at this time. perhaps the only victory i can think of is that of an american bookseller in paris, sylvia beech. sylvia beech ran the shakespeare and company book shop in paris. the germans hadn't picked her up yet, although she was now an alien enemy. she had lived in paris since the early 1920s. she h

bbc news, cairo. >> live from singapore and london. what do we know about the man who is slated to be china's next leader? >> may him in mexico. how the war on drugs is topping the agenda. it will be an election year. look at some of the stories that are making the headlines around the world today. here in the u.k., the front page talking about our top story, the downgrading by the moody's rating agency. britain could be stripped of its triple-a status this year. there was a conversation of the downgrade of those other three european countries. facing more hurdles and delays before the second bailout. the newspaper says germany wants more information on how the budget cuts will actually work. another front page looks at the conflict in syria while the arab league has been calling for a peacekeeping force. reports say some have been directly aiding the rebels. to get chocolate and flowers, gold is the way to the heart. >> latest news from the bbc. >> the headlines. one of the main international credit agencies has downgraded its rating

singapore event in style to clinch the title of her career. paolo's apart again after the loss of powell and wins eight for a title after a straight sets win over the gold is in dubai. and welcomed by a goose we speak to the new appointed high coach about his job in the biggest article and totally. but first boxing w.b. . by their can admits he may have underestimated opponent marco hot after retaining his title with a narrow point victory in germany the judges' decision went into the can stave off to twelve grueling rounds to get the russian has to a very hard and was even on the ropes in round four and seven puts part. cruiserweight world champion failed to land the knockout punch the decision was made which is with booze by fans ringside with the second afterwards he didn't take the fight seriously enough it's the second successful defense of the title who want it all with last year. in football match the city remain top of the english premier league that's after a three male win against struggling goldstraw mara. and sealed the victory whi

american warships will deploy from singapore and the philippines, australia will host 5500 u.s.arines, japan will buy the joint strike fighter. but what america sees as reassuring, china sees as encirclement. china blames america for raising tensions, forgetting its claims of sovereignty over the south and east seas in 2010 is what drove its neighbors to seek greater american involvement in the first place. the increased u.s. presence, statements and actions have given china pause. now it's time for both sides to tone down the rhetoric. washington and beijing had link he'll in an economic co- dependency that would make any conflict mutually dever state sog neither should seek war with the other. still, china sees it severs as america as a fading power and is investing in capabilities designed to thwart u.s. military strength. washington must be especially careful not to give its leading economic partner and global competitor excuses for saber rattling or victimhood it. must let its actions speak louder than words. thank you for joining us for "this week in defense news." watch t

singapore about to clinch the title of her career. at heart a measure the last of poland wins a title cost a straight sets win over. in dubai. super serious nine hundred seventy two one of the greatest rivalries in the history of the sport forty years old. but let's start with boxing w.b. a heavyweight world champion aleksandr privette admits he may have underestimated opponent marco after returning his title with a narrow point victory in germany the judge's decision in favor after twelve grueling round the russian had to work very hard and was even on the road on the ropes in round four and seven but the w.p. cruiserweight world champion failed to lead the not tough decision was greeted with bruised by fans ringside with. boards didn't take the fight seriously enough it's the second successful defense of the title in august last year. football match the city have strengthened their lead at the top of the english premier league to five points after a three nil home win again struggling black burn goals from. and in victory chelsea we

singapore's model is something we should aspire to. >> i can't help but ask a question. how many pages was their piece of banking legislation? >> that i would have to get back to you on, senator. there's no question, though, that they have a very tough, skeptical body of regulators who are actually not captured by the financial sector. it the one place in the world where the regulators are paid as much as the people who work in the private sector and work harder. i'm not suggesting you'll want to go there for the united states. >> bank regulators doesn't have the incentive the bankers have in terms of circumventing. i was fascinated by your assessment of europe. the thought kept going through my mind is past performance doesn't guarantee future results. i hope you're right. i'm assuming dr. lerrick and dr. johnson probably aren't in agreement with a rosie scenario. >> i think i'm actually more optimistic than dr. bergsten. i believe it will drive europe to a stable financial union. we have many more summits to go but they'll get there. i believe. but there is a large ris

china, japan, singapore, hong kong, brazil, russia, mexico, korea. many of those countries have already said they will lend. they should, in fact, be tapped. they have big surpluses, big reserves. we should support the effort but not put in our own money. the u.s. needs to take this as a wakeup call itself. and you suggested that, mr. chairman. if you take those cbo realistic projections and i would say, even add a little more dose of realism, you have u.s. budget deficits exceeding a trillion dollars a year, more than 5% of gdp for the decade to come and then it gets worse because of aging. so if you project the numbers, our debt and deficit numbers within ten years look like greece's did as it entered into its crisis. the european crisis has shielded us from our own follies. because europe's weakness meant that foreign capital, global capital moved into the dollar and pushed our interest rates lower despite our inability so far to put our own house in order. remember that only three or four years ago, greek interest rates were at the same level as