from moscow with me rory sushi let's have a little treat to go straight to live pictures now from sydney and here we go fireworks for ringing in the new year two thousand and twelve fireworks being launched from the rooftops floating biologists of course the renowned sydney bridge as well we hear that tens of thousands have been queuing up since early afternoon to get a good spot to use this world renowned display it's expected right now that a billion people worldwide are watching this live picture of the new year two thousand and twelve from sydney right here when i. write i will bring you more live pictures throughout the day and evening here on our city for now though iran plans to test fire long range missiles in the persian gulf over the next few days it's part of naval drills with champion increasing tension in the region almost daily and lead to saber rattling from the u.s. with china's warships in the area earlier this week iran threatened to close off the key strait oil export route in response to western threats of sanctions over its iran's nuclear program across one advantage

fireworks lit up the sky over the famous sydney opera house and sydney bridge. [ monica ] i'm away on a movie shoot and it hasn't been going exactly as planned. cut. cut! [ monica ] i thought we'd be on location for 3 days -- it's been 3 weeks. so i had to pick up some more things. good thing i've got the citi simplicity card. i don't get hit with a fee if i'm late with a payment... which is good because on this job, no! bigger! [ monica ] i may not be home for a while. [ male announcer ] the new citi simplicity card. no late fees. no penalty rate. no worries. >>> welcome back. the new year will usher in some added expenses, starting tomorrow it's going to cost you an extra 25 cents to travel the dulles toll road. tolls on the main line will now be $1.50, on and off ramp tolls will not change. it will help fund the dulles rail project. it will also cost you more to bag your groceries in montgomery county. it's modeled after the one implemented in the district two years ago. the tax will apply to both paper and plastic bags. you can avoid the added charge by shopping with reusable bags

and the banking group was up by a similar amount in sydney and trading in sydney ended early this afternoonf a long holiday weekend. nina? >>> let's go back and take another look at those u.s. markets. u.s. stock markets closed higher on thursday after a quiet preholiday session. volumes thin as we enter the last couple of trading days of the year. investor optimism got a boost from the upbeat report in the labor market. also we saw strength in the financial sector there. let's go into the report we saw on jobless claims, claims for unemployment benefits in america dropped last week, holding crucially below a key level that analysts associate with job creation. and here's where the numbers settled when it comes to the stock markets. the dow adding about 0.5%. the nasdaq and the broader s&p rising by 0.83%. investors were also taking in the government's second provision of gdp for the united states. and that particular reading noted that the u.s. economy grew at an annual rate of 1.8% in the third quarter. the revision knocked the reading down by 0.2% from an earlier estimate. growth remains

sydney, you are so bright. you can go to university to study for law or medicine or-- but i know what i want. i know it like you did. i find myself in an impossible predicament. if i do not sell, mr. blakestone will cut off the source of our income. if i do sell, i can secure your positions here, but i will be betraying sydney's hopes. ma'am, you cannot even consider it. i must be clear to you. it is your positions i would be putting at risk, as well as my own, if i turn him down. i can only take mr. blakestone on with your full support. i could not live with my own conscience if i were to carry out one parcel in that man's name, ma'am. ma'am, i'm not sure we could even trust him to keep his word to employ us. mum, if you ain't to be here, then there ain't no here here, and i ain't cooking and cleaning for no one but you... and sydney.... and thomas. thank you, minnie. and laura... and mrs. brown sometimes. then we are united? good. mr. bloom, i will not be accompanying you to inglestone. i wish you to carry ba

>> happy new year, sydney, australia.eworks display to welcome in the new year. >>> and i think the only scheduled rival to that is times square with the big ball. preparations underway for the huge crowd expected for tonight's celebration. millions may be there. some have already staked out spots. security will be tight. you don't have to go there, though. you've got us. tune it in. 11:00 tonight. kathy griffin, anderson cooper. it's going to be great. >>> we head to the news and start with iowa and the republican presidential race. three days until the fir votes of cast. plenty of action in places like the giggle and go and bloomers. here's a taste of what potential voters are hearing there. >> my whole emphasis on brain science comes indirectly from dealing -- see, i got ambushed. from dealing with the real problems of real people in my family, and so it's not a theory. it's, in fact, you know, my mother. >> i'm leer to tell you, you got a choice in this election for the presidency, and i'm this limited government cons

. >>> stolen goods are discovered in sydney. we'll tell you how much this lot is worth.e begin with the markets this day, and in asia, the losses were extended, all the markets pretty much finishing lower today. that tracked the losses on wall street. in europe, something of a positive start to the day. charles, the underlying story here, the strange one, we had some pretty good news coming out from italy on the short-term bond auctions yesterday, but investors are sort of ignoring them. >> we are seeing a built of buying here, andrew. i suspect we've had in this rather thin trade over the holiday period, we've had a lot of buying or a lot of gains for the indices. i suspect investors are slightly worrying when everyone comes back and puts their heads together next week we may see a bit of selling. it's certainly not evident on this chart behind me. the debt crisis, still very much in the spotlight. we'll be talking about the italian bond sell in a moment. but that's an important factor. rereported yesterday the banks are opting for low interest from the ecb rather than

sydney, australia. an eclipse 52 minutes in total. beautiful view there right over sydney harbor. they were afraid they weren't going to get to see it because they've had an awful lot of cloudy, unsettled rain over there. they had a break in the sky and got a great view on the lunar eclipse. back here in washington, ta-da! look at that. a full moon is up in our skies here in washington. no eclipse in sight for us. and a clear sky out there tonight. light breezes and dry air in place means it is going to be a cold night out there. you're definitely going to need to bundle up as you make your plans to get outside for this evening. clear skies, another plane headed out from reagan national airport headed up the river. 39 degrees now at national. with dew points in the mid teens. this is a big part of our overnight low forecast. temperatures will get close to the dew points out west of town. there will be spots out towards the blue ridge, there will be spots down in the upper teens by morning time tomorrow. in the city, and alongside the bay, probably mostly in the upper 20s to near 3

it carries the fluid language of the landscaping, which pete walker's firm established at sydney walton. it allows pedestrians passage and use where there are currently none. retail in three places. the cafe and retail space. a larger one to the right. and then the club kept a to the north. opportunities for indoor/outdoor seating and retail uses there. and then the club itself to the north, the aquatics center, is screened from the public, but in a way that we think will allow glimpses in and at least a sense of openness while preserving privacy. here is the existing conditions, looking towards the embarcadero on jackson street. a very unfortunate terminus for one of the city's interest in historical streets. and here is the idea what the jackson commons might look like. you get to the four-story portion of the residential project on the right. there is a residential garden below that low screen wall with a flower injury behind it. then a recreational club to the left with the cafe and indoor/outdoor seating. the second of these bases is the drum street garden walk. this is a space whi

sydney crosby and ove meeting for the first time since the winter classic.ead coach dale hunter, man, he wanted that first win to come tonight. first period, five minutes in. aaron asham behind the net. 1-0 penguins on top. can you see dale hunter. oh, man, he is frustrated watching that. early second period, caps even thing up. look at how tasty this shot is, backhand right in there, past marc-and marc-andre fleury. then it's trouble. chris koontz with the shot. looks like a knuckleball but it was an effective knuckleball. makes it 2-1. that's the final. the capitals unable to get a win for dale hunter. they're 0-2 under their new head coach for the second game in a row. he thought he was still coaching 17 or 18-year-old junior hockey players. listen to this. >> the kids competed or the players competed and we had some chances, you know. they're a good team over there. we had a few chances around the net and, you know, we're getting better it. it just takes time. >> we have to find our way to get success back to what it used to be. it's not frustrating. we

sydney finkelstein is with us, a business professor at dartmouth. >> susie: that's "nightly business report" for thursday, december 29. i'm susie gharib. good night, everyone. we hope to see all of you again tomorrow night. "nightly business report" is made possible by: captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> tom: when we're not on the air, join us online at nbr.com. there, you'll find full episodes of the program. you'll find complete show transcripts and all the market stats on our facebook page at bizrpt. and don't fo to follow us

it's a project being run at the zoo in sydney. rebecca is one of the scientists trying to safeguard the reef in the face of pollution, warming oceans, and greater marine acidity. >> we will never have as much on the reef as we do right now. that's why i think it's incredibly important that we start saving the reef right now, for whatever purpose we use in the future, whether it's in five years' time or 100 years' time. >> this is an spurns policy? >> that's exactly right. it's an insurance policy. >> the great barrier reef already suffers from bleaching, where higher water temperatures stress the coral, leaving it in a damaged state. by freezing particles before this happens, the hope is to create a bank of replacement corlse. with the rising temperatures of the ocean and increased acidity levels, about 1% or 2% of the great barrier reef is being lost every year. while scientists involved in this freezing project hope they'll never have to re-introduce their cells back on to the reef, they know one day they may well have to. the t

decade rule of moammar gadhafi let's get more the latest protest on the possible escalation with sydney based political reason whatever. well thank you for coming on the program today if i may just start off first of the people of libya have long wanted reform and they're now on the streets of benghazi again making the same demand it's only been two months since the regime was brought down impatience possibly at this point. yes one would think it's the patients but i think what you're looking at the people that you have been expecting change will have very long wrong this is what he and the underlying complaint yes we do have complaints of course option which is a very strong point but when you look up secrecy which is a lack of transparency that is the major accuser. was never what i get is the order easy and what's going to get done so when a new system comes in those underlying grievances need to be quickly so if people do not see a change then that is that kind of feeling that's probably. getting into a cycle of this repressive mechanism so i think people are not only losing patienc

and melbourne in australia sydney let off a total of seven tons of fireworks a few dozen as well right now being greeted in the expanse of siberia of the russian capital where we are this moment standing by our. art and we've got live coverage of red square and of course the kremlin with art he's kept an eye on that and he said now we're coming your way shortly for now though a brief break into the headlines we're talking with me. witnesses . to history in the making of. testimony. ten stories that shapes two thousand and eleven on our t.v. . if. it's. the close up team has been to don you stuff birthplace to the most ambitious football club in the world. knowledge argy goes to the far east where the timber industry affects the legendary siberian tigers where the ancient native community loses its way in the modern world. and where the country's mineral wealth starts its way across the ocean. and well come to the bars creature russia close up on archie. among the least explode areas. and untouched by much. surrounded by steep rock. case paintings on display for thousands of years. east

, sydney, australia, on this mask.esentation of that place that they needed to go. and it's what they were able to follow. and you remember that more than just the words. >> what do these markings mean. >> come here. >> he can't read human. >> we have to find a fish that can read this, look, shark. >> hey, guys, guys. >> that's mine. >> dori, give me. >> oh w. >> are you okay. >> i'm so sorry. >> you really hurt me there, am i bleeding. >> e -- >>out,out. >> dori, are youdzlf;x'?ç+a;q;, that's good. >> and so i am always striving to tell our stories visually. >> you have lost none of your passion. >> no. i love-- i love what i do. i love the artists, you know. it's-- i just think back, we make movies for the kind of vies we like to watch. and i just think back to me as a kid but also as a parent, take my son and my wife to movies. and just being so, you know, entertained. and that is what i want to do, u know, that is what i give. you know, everybody has their own kind of sense of acmplishment, you know, some opening

we have steve king here associate professor of economics and finance at the university of western sydney he's also author of this book d bunking economics the naked emperor dethroned and professor keene as always it's so nice to have you in australia with us thanks for waking up and joining us this morning for you i want to start with this example of greece as we look at the eurozone crisis because as we see excitement over the eurozone we also see reports that greece's debt or deficit excuse me will reach ten percent of g.d.p. ok this is unprecedented for them we see officials reacting there saying ok we're going to stop paying out tax returns will stop paying suppliers and still the greek press is reporting that they may not be able to get their deficit below ten percent of g.d.p. my question to you being a proponent of debt jubilees is greece's debt odious debt should it be forgiven. it's crazy to because just to put that some of the pot at the comparison in perspective on america's debt. is america's government deficit is running to be zero order ten percent of you as well the get go

irvv]leu@noc rec that,@noce ]leu wv]lmoeure t years wv]leu a@ndno should have been smartwvry]leu@t sydneyn is withable d december 29.]ltheuat's "@nightl noc 2goode to see all of you again noc rec 2 "nightly business repo wv]leuwv2 @ groupno ac t rewgc bh2 ac wvwv]leu@wv]leu@noc rexv@noc2 air, join us online at nbr episodes of the program. xv]leu@noc rec 2@noc rec 2 on os

sydney already explained our history, what president carter did for us, and what we are doing for ourselvesining the whole city and region in celebrating asian-pacific portage month. i am so grateful to the board of supervisors for this whole four months of leaving this great city. i will say once again as i have said through many corners of the city, whether it is a town hall meeting or just your regular family association dinner, the hundreds i have been too -- i really feel proud of our asian community as a whole for allowing me to serve this great city and for all the years of struggle and coordinating and push to keep the doors of government open and to keep opportunities for many generations of asians to serve this wonderful city. thank you. i continue to thank the board of supervisors for this historic vote that happened in january. saying that, i want to kick off the celebration by doing the appropriate thing, signing the declaration that declares this month asian pacific american heritage month. i would like you to join with me the fantastic group of council generals here. if i can

this time around, pittsburgh will have sydney crosby back in the lineup, number 87. he made his season debut after missing nearly a year because of a concussion. he had quite the comeback, scoring two goals and two assists. tonight al lex ovechkin and crosby will face-off. the caps know they need to find a way to win. >> we have to start getting on the right track here. get back to where we were, winning a ton of games. the guys in the locker room know how to do it. we can do it again. we want to get started. as players you get antsy. it starts to wear on you after awhile. we are a group that can do well. we'll win games. >> sometimes with emotional games like tonight's should be, it -- you can use it as spring board if you are able to, you know, have a good game and do a lot of things we have been talking about. but, again, most importantly, we need wins. >> yes, they do. they do need wins. they are going for their fifth straight against pittsburgh. he has a point in 13 straight games he's a penguining killer. they will need him together with crosby in town. the cap

then samoa will leap forward a day and be just three hours ahead of sydney.one historic change to align itself with australia in 2009. switched from driving on the right side of the road as we do to the left side of the road. now samoans can import cheaper cars from next door. on the one hand, samoa's shift is a story about how economics dictates policy. but it's also a larger narrative about the quiet success of australia. australia's growth rate has averaged nearly 4% for the last two decades. higher than almost every other rich country. it may be on the bottom of the map, but it's on top of almost every livability index. the unemployment rate is low. the deficit is almost negligible. it has strong education, universal health care. one could go on. so how did it get there? self-deprecating aussies may put it down to good luck. they had good weather, abundant natural resources, and a billion chinese hungry to mine australia's metals and minerals. but that's not the whole story. australia's real economic rise dates back to the 1918 and a series of forward-thi

still the losses were muted except in sydney with the s&p asx finished down by more than 1%.ou see its red arrows across the board, the nikkei down by 0.75 and the hang seng and shanghai composite down by the same amount, mainly because of slowing growth in china. >>> brief light at the end of the tunnel for the u.s. housing market was moved further down the track, thanks to an accounting error. felicia taylor has all the news from wall street. >>> stocks pulled back following a major rally on tuesday and finished mixed on wednesday. the daily dose of news out of europe raised concerns about the region's debt issues and weaker-than-expected earnings from oracle sent tech stocks deep into the red as investors feared poor performance in the overall sector in the next couple of months. the dow industrials edged up 4 points to close at 12107. the nasdaq lost 1% and the s&p also edged a small gain. on the housing front, sales of previously owned homes rose 4% in november, an encouraging sign for the still-battered housing market. the number of homes on the mark set decreasing, now

there are four or five gloria's ports in the world, one of them being in san francisco, hong kong, sydney, vancouver. one reason i am in support of america's cup, and i am not a small boater, but i am in support of sleep week because of the partnership and the results to have a proper professional passenger terminal. sadly what we are operating wilson is embarrassing ways of standard, and one of the benefits is going to have a fantastic, compliant, ecologically sensitive port facilities. just go down to the port and take a swim. come down to the court sunday when we have a passenger ship, and you will wince. i admire the speed these partnerships have been evolved. the second half i am wearing, and i speak on behalf of sleekly because i am the operations director. we support america's cup, because a while we may suffer for a couple years, we support it because it once again what we are going to be left with after america's cup realizes the joy, will be some proper port facilities, because it is really sad. we have snaggletooth course -- ports, but what will be left is going to be ecologica

. >> that is the way hockey should be pure >> speaking of revelries, sydney crosby will go up against the capitals in the first -- for the first time in almost a year. the >> now it is another dimension. >> the capitals have taken a out -- out of their last nine meetings and. -- in pittsburgh. it will suncor a message. >> what we are doing right now is working. it would just a little bit of time to iron out. >> thank you very much. the nba facilities were open today for the first time since the lockout. at the horizon center, the practice court has come down to squeaky shoes and physical contact. they are optimistic about the wizards predicting the lockout may help them. >> there are a lot of supply young guys. it will be situations where it is back-to-back and back-to- back. it will give us a high leverage with young players. we can come out and run. >> it is not a normal night when the redskins get pushed a couple of paragraphs away from headlines. that is where we are tonight. they were back on the practice field tonight. there are optimistic with five games left. they are not talk

. >> reporter: named in the case, the principal of his first school, sydney and charlotte williams the principal at his second school. the attorney shows that the sullivans never used these bullying reporting forms. their son is now in a city charter school and the parents say all is going well. the boy when questioned by the attorney for the schools, admitted he made up a story about his dad abusing him. this will come up when talking about the correct -- credibility of the boy. >>> unseasonally mild december. live look outside, hard to believe winter start this week. meteorologist, bernadette woods is in the weather center. >> we are looking at some rain passing off north of us. it's really the beginning of a storm that's going to pass through the next 24 hours. temperature wise, we were in the 50s this afternoon. look at all of those temperatures, way above average for this time of year. of course, this is december and we do have changes. >>> with a loss by the pittsburgh steelers, the ravens are back in control of their own playoff destiny. >> reporter: i was out at owens mills wit