haven't seen rescission turn down apart from the japans and the greeces and the economies of southern europe. the rest of the world has continued to grow albeit at a jagged and slow pace in the developed world. >> susie: we saw once again today the connection between europe's problems on the u.s. are you seeing the problems in europe impacting your orders? >> no, not yet. we've seen really in essence a two-speed economy in europe now for the better part of two years. germany and german-speaking countries have had robust demand. and we haven't seen anything that slowed that or changed that in the last, let's call it weeks and even days. of course southern europe and you know latter day beyond during construction in countries like italy and spain are a new concern. we're not overly exposed to those markets. >> what do you think is the fix for your problem? >> well, the banks have to work across borders and have to be supported by the sovereigns but if it is a sovereign system failing then the banks have to be almost ordered to support the others by their central bankers. that's the fix. and to

a town in good position along with spain, to bring that oil and gas into southern europe. this was the big new frontier on the energy front. for europe especially from an energy security standpoint. >> i'm curious, john, have we heard anything from opec? the oil group throughout the recent events. >> yeah. they've kept a low profile. it's interesting because of the live coverage we did back in june. right before that meeting, about a a week before the meeting, a veteran of the libyan oil business and of the libyan natural oil company stepped down as a sign of protest of moammar gadhafi. he was replaced by a man running the operations until the last week. he went to tunisia, apparently to talk to a number of the oil majors to see how long it would take to come back into the country. he's decided to remain outside the country. right now we're dependent on the tnt, the transitional council to see how fast they can have the dialog with the oil majors, how long to assess the fields and there's discussions taking place for example in the uae to see how they could facilitate getti

for southern europe it will stay essentially dry. very pleasant and summery out here. pockets of heavy shower showing up in the afternoon. but madrid hotting up today. 28 for your high. and going to be warm in vienna as well. and thingsarm towards the east as well. here is your extended forecast now. >>> in response so last month's high speed train crash in china, the country's rail authorities will inspect one train model that's been involved in a string of problems. china's agency said on thursday that the government will carry out full scale checks and repairs on the crh-3db model. as a result daily services on the route will be reduced by 25%. china's railway ministry said the speed will be cut from 350 to 300 kilometers per hour on the line between beijing and tianjin. the top speed will also be reduced from 250 to 200 kilometers per hour on other lines. they will alter schedules starting tuesday. the chinese government said wednesday it will freeze approval of a high speed railway construction for the time being. >>> that wraps up this edition of "newsline." i'm

for southern europe it will stay essentially dry. very pleasant and summery out here. pockets of heavy shower showing up in the afternoon. but madrid hotting up today. 28 for your high. and going to be warm in vienna as well. and things warm towards the east as well. here is your extended forecast now. >>> in response so last month's high speed train crash in china, the country's rail authorities will inspect one train model that's been involved in a string of problems. china's agency said on thursday that the government will carry out full scale checks and repairs on the crh-3db model. as a result daily services on the route will be reduced by 25%. china's railway ministry said the speed will be cut from 350 to 300 kilometers per hour on the line between beijing and tianjin. the top speed will also be reduced from 250 to 200 kilometers per hour on other lines. they will alter schedules starting tuesday. the chinese government said wednesday it will freeze approval of a high speed railway construction for the time being. >>> that wraps up this edition of "newsline." i'

especially with the banks in southern europe and i think this needs to be addressed but overall we also have this kind of political situation which has been very convenient for governments to increase debt levels to avoid bringing tough measures to their constituencies and i think this is something that has to end markets have indicated that they are not willing anymore to finance these large debt levels my fear is that we see some short term improvement in the share prices i think overall we will see a continued downward trend so overall i think these measures will not have a long lasting effect france also is the debt problem the overall debt level is very high and now that the u.s. government debt has been downgraded there's obvious fear of who will be next in the game and we've seen the problems with spain in italy recently and i think it's quite natural that the markets at this stage are. concerned about france as well so i think that the french government is under some strong pressure to act requires some political will to implement these changes and i think that is the big if so

fertility rates have dropped throughout europe, but in southern europe, the rates are lowest, with italy averaging 1.3 children per woman. low birth rates are brought about by a combination of factors. some are common to many countries, and this program will look at how italy in particular has been affected by these. we'll also look at some factors that are specific to the very low fertility rates in italy. probably the most significant factor that has influenced fertility rates in europe has been industrialization. industrialization has brought more people into urban areas and encouraged more materialistic life styles. in northern european countries, this process took place over a long period. the important difference for italy was that industrialization came later and much faster. [man] in some countries, the urbanization process had been following the first stages of industrialization during even the 18th century. in italy, the industrialization started at the beginning of the present century, but real intensive industrialization, real diffused industrialization was only possible afte

need worldwide these days is english you don't get far with english in latin america or even in southern europe or in most of asia so that when for instance danish companies are asked why they have failed to achieve a business deal in japan or in italy they tend to say oh it's because they don't speak english well enough there whereas what companies ought to be doing in order to trade with japan and italy is to have enough people in their country who can actually function well and understand the culture as well as the language of japan or korea or or italy so that so far as education is concerned it's a totally different ballgame and i agree really with mr bell here that the the idea that you can do complex negotiations with a simplified register is misleading. jumbo you're shaking your head you disagree go ahead. where i'm sorrier thing. illustration because i'm not a native english speaker as you might have released already. so wonderful are different you have the british wrong country. go to me go ahead. you know so i could take there are many people who do that as far as contacts are concer

especially with the banks in southern europe and i think this needs to be addressed but overall we also have this kind of political situation where it has been very lenient for governments to increase debt levels to avoid bringing tough measures to their constituencies and i think this is something that has to end markets have indicated that they are not willing anymore to finance these large debt levels and require some tough measures from government social welfare systems have to be redesigned or it just sits and that is certainly not easy but that is what is required i would say from the european school of management and technology thank you. gunman including a terrorist cell leader has been killed in russia's southern republican in a two day terror operation that's according to the national antiterrorism committee and. was believed to be the mastermind of several terrorist attacks across the country and was on the most wanted list he's also thought to have helped train a suicide bomber who blew himself up at a military camp in the republic last year for officers were killed in that

region and it's going to end up in two because we restructure it's going to be especially in southern europe just to make their economies bring them back into competitiveness with germany and so on so really the whole system is fundamentally flawed it's going to be sensible the european elite should be actually trying to work out. a responsible way for the euro to break up into countries such as greece to leave the eurozone i think in the long run that's the only way otherwise the healthier economies in northern europe are going to be brought down by the whole region. and in egypt where as long as the groups grow in influence debate spread so over whether the a post revolution country will become a shari'a ruled state all this as the nation's former president and his allies static trial hosni mubarak has denied the charges against him on the first day of his hearing or he was accused of ordering the deaths of protesters back in february the hearing which will continue in ten days could see faces a possible death sentence they be three year old was in a hospital bed as he tries tried alongsid

it's going to end up in tears because it will be a huge restructure instead of just question in southern europe just to make their economies bring back into competitiveness with germany and so on so really the whole system is fundamentally flawed if they're going to be sensible be european elites should be actually trying to work out. their response to a way for a year it's a great time for countries that use greece to leave the eurozone i think in the long run that's the only way otherwise they're healthier economies in northern europe are going to be brought down by that but the whole region. the syrian opposition has dismissed a decree from president assad allowing a multi-party government system nor could see the formation of political factions other than the ruling baath party it comes as the u.n. security council condemned escalating violence in syria and mounted and bloodshed and called for internal political dialogue it's reported the syrian opposition stronghold of hama has been overrun by government forces and witnesses have been casualties france says it may seek further action from

end up in tears because the big huge restructuring is going to be in the crowd especially in southern europe just to make their economy bring them back into competitiveness with germany and so on so the whole system sentimentally flawed it's going to be sensible the european elites should be actually trying to work out a responsible way for the euro to break up and for countries such as greece to leave the eurozone i think in the long run that's the only way otherwise they're healthier economies in northern europe are going to be brought down by that by the whole region. are falling be ups and downs of europe's money troubles on law that are. take a look at our exports of alice's out of production sound also on the upside today. fishing out of a submarine on top for decades the soviets sub that's where the lurking at the bottom of the bottom. from a would be suicide a problem market he says can pay for the cost of woman whose life changed when her terrorism failed she tells her story. the syrian opposition has dismissed a decree from president assad authorizing a multi-party government syste

going to end up in tears because it will be huge restructuring is going to rule out especially in southern europe just to make their economies bring about the competitiveness of germany and so on so really the whole system is fundamentally flawed to end up in tears you're saying that the eurozone could indeed collapse well actually i think if we're going to be sensible be european elites should be actually trying to work out. a responsible way for the euro to break open for countries such as greece to leave the eurozone i think in the long run that's the only way otherwise they help your economies in northern europe are going to be brought down by the whole region but isn't there an argument that this could actually perhaps strengthen a union whereby we might see further economic integration integration whereby. member countries will be told how to tax and how to spend their public expenditure where we see the whole system being centralized that could be the key to keeping all of the eurozone together couldn't it because we've seen these profits countries like italy and spain spending far too muc