tv BBC World News WHUT October 15, 2010 7:00am-7:30am EDT
>> union bank has put its global expertise to work for a wide range of companies. what can we do for you? >> and now "bbc world news." >> how to maintain the growth and spread the wealth. china's communist party elite told a crucial meeting in beijing. economic expansion allied to political stability. is the chinese formula under threat? >> china's leaders say over the next five years they've got to seriously reduce the gap between those who have money and those who don't. >> welcome to "gmt." world news and opinion. also on the program, out of danger, out of hospital, and now
back home. celebrations continue for the families of the rescued chilean miners. the u.n. says a deadly cattle virus has gone the way of smallpox and has been eradicated. it is midday in london, 7:00 a.m. in washington and early evening in beijing were china's communist party has opened its annual meeting. with economic development on top of the agenda. they will discuss the countries next five-year plan. their aim is to maintain the rapid growth that is transforming china into an economic superpower, while maintaining stability. this assessment of the challenge. >> china's economic success is easy to spot from 80 floors up. a sparkling high rise buildings, streets full of new cars. the rest of the world is struggling, but things look different in china.
the economic slump was barely felt here. and people are enjoying the rewards of their labor. but some economists think china might be too confident about the future. >> that's actually a problem because they think the leadership may be looking at the recent performance and over estimating how good it there really have done and underestimating the need for structural reforms that would generate growth in the future. >> china has got a lot to feel pleased about, though. the economy has grown faster than expected in this current five-year plan. it has not yet met its target to save energy but it is not far short. more people in towns and cities can now look forward to some kind of help when they retire. but not everyone is benefiting equally from the good times. even in the shadow of beijing's
skyscrapers, there is genuine poverty. china's leaders say over the next five years they've got to seriously reduce the gap between those who have money and those who don't. standing next to a roadside rubbish dump, this person sells hot snacks. she owns -- earns an average $200 a month and has to share just one room with her husband. the fancy apartments down the road are out of her reach. >> i simply don't have enough money to rent a home with those kind of prices. i just stay here and do my little business. >> china will have to put more money into the pockets of its poorest citizens in the next five years. that will allow the domestic economy to develop, making the country less reliance on exports for growth. it will also make people happier. no small concern for leadership worried about political stability. bbc news, beijing.
>> live to beijing and our correspondent who is there. is the message, do you think, is that the policy -- that the congress party will get out will be steady as she goes over the next five years or do we look at fundamental shift in policy coming from the leadership? >> i don't think we are going to see any major fundamental shift from the meeting. it finishes monday, and then we will expect an announcement. we will not know the full details of the plan until next year. but certainly what the communist party officials have been stressing in state run newspapers is they wanted to try to rebalance the economy. china has seen remarkable economic growth in recent years but has been export driven. what chinese officials seem to want to happen is that the chinese themselves consume more,
that chinese consumers buy more domestic products. they believe that will get the economy a bigger stimulus, a bigger boost, if you like, and they will be less reliance on exports to drive growth. >> if we are looking at the next five years in china -- of course, obvious there will be changes at the top of the political leadership what the premier is expected to leave office and the next couple of years -- is the political direction of the country also going to be an important topic in this meeting? >> possibly. again, we will only no on one -- monday of some big decision has been taken. there is a lot of speculation, and it centers on a key military issue. it might take place this meeting, it might take place in
a meeting next year. we simply don't know. but if he does take up that key military post, many believe it is a strong indication that he is strongly favored in the communist party to become its next president. that leadership will change in 2012. there is still time left -- yet. people will be closely scrutinizing that military post and see who goes there. >> thanks for joining us from beijing. a look at other stories making headlines. the first of the 33 rescued chilean miners are back home after a brief stay in the hospital. three were greeted by joyful friends and family. all responded well to treatment and many more will go home friday. the president has promised new legislation to stamp out in human working conditions in the country. gideon long has this report.
>> after all the fanfare, their exit from hospital was low-key. these were the first three miners to be allowed home. they were driven out past scores of waiting journalists. for the other 30 men, a few more hours in hospital. this was one of the last man rescued. in just two weeks, his wife is due to give birth. i am fine, he says, when asked about his health. and like most of the minors, he does seem to be in remarkably good shape. and this is one of the men who helped bring him out. menthol gonzalez was the first rescue worker to go down into the mine at the start of wednesday's epic operation -- l gonzales. he was the last, out.
for the mining minister, this was a major achievement. his team of engineers were often working in uncharted territory. >> we had a very specialized teams -- what we have done here with a very specialized team has never been done before. we acknowledge that the capacity of these people was the key elements. >> the first three have been released from hospital. some of the others have dental problems and skin infections. but the doctors say that all 33 men should be back home with their families by the end of this week. deede and long, bbc news. >> palestinian officials protesting plans to build seven homes in east jerusalem. they said the move shows is
wanted to kill any opportunity for peace talks. after netanyahu approved construction. two main to paris' airports has been cut. president sarkozy ordered police to break up bob -- blockade of oil refineries that are threatening fuel supplies. there has been a breakthrough for the world's livestock farmers. the scientists working for the united nations say efforts to eradicate a cattle disease that once caused devastation in africa, europe, and asia, have conclusively succeeded. it has gone the way of smallpox, the other virus defeated by human intervention. our science correspondent has this report. >> this virus has devastated cattle across the world for centuries. more recently, it had been prevalent in africa.
when it first arrived here at the end of the 19th century, the virus killed a 90% of all cattle on the continent. but thanks to a 16-year testing and vaccination program, the virus has been completely eradicated from the planet. >> this virus has had a devastating effect on so many poor farmers around the world. and it is a tremendous achievement that this virus has now been removed from the face of the earth. >> it was researchers at britain's institute for animal health that develop cheap and simple ways of testing. >> the elimination of the virus is due in large part to these easy-to-use kits. with them, hundreds of thousands of animals can be tested very quickly. thanks to this kind of technology and the efforts of vets and scientists from across the world, we are now rid of a virus that have killed -- has killed so many cattle and destroyed livelihoods'. the eradication has been
described as the biggest achievement in veterinary history, one that can transform the lives of millions of the poorest people on the planet. >> joining me from our central london studio is the senior vice president of the royal college of veterinary surgeons. this clearly is a very good news story. how difficult has it been to eliminate this virus? >> it has been a terrific challenge, both technically and logistically. i think the emphasis is on the logistic challenge. this latest campaign has been running for some 16 years, but it did follow a number of other campaigns during the last 30 or 40 years which made great strides but were not ultimately successful paired what has been dick -- successful. what has been the key to success is the international
coordination and cooperation, together but the harnessing of appropriate tools. >> how damaging has the virus been particularly in populations of the poorest parts of the world? >> it is difficult to overestimate its impact. it is called cattle plague. it has devastated cattle and much of asia and africa. and in those countries, and particularly across africa, where there are huge, natural grasslands, then the people depend on their cattle grazing the grasslands for their food and other aspects of their social structure and social economy. >> finally, i know some of the areas worst affected the most difficult to reach a been in somalia, sudan, where there has been war. who has been doing the vaccination? >> a huge key to it has been the involvement of local communities and community veterinary health workers in those countries who
have been able to go into the areas, and using very simple tasks like the test your report referred to earlier. those are able to be used by non-veteran resurgence, -- non- veterinarian surgeons. >> thank you very much for joining us. still to come on "gmt," we look of the increasingly bitter battle over the control of liverpool football. they might not bring home any medals, but they are training for that -- but in their training for the 2012 out of the bids is well underway. eight sniffer dogs and police handlers learning how to find explosives.
security will be a top priority for the organizers as our home affairs correspondent reports. >> it's not only athletes that have to prepare for the olympics. these german shepherd puppies are the police dogs of the future. imagine two years from now they will be controlling crowds. and this is a labrador learning how to sniff out explosives, one of eight dogs newly recruited to boost the number is available for the olympics. libby and her hand began trading this week. >> it is very technical, and not just for me. the way we work together is very tricky, at times. i find it challenging. >> at the end of the course, the dogs and handlers will be ready for operational work. it means by the time of the 2012 alembics, they will have all the experience they need. the dogs will mainly be deployed at the 500-acre olympic site in
east london. it will house the main stadium, aquatic center, and a part. up to 250,000 people could be there at one time. security will be tight at airports. at the terrorism threat level is expected to be set at severe, meaning an attack is highly likely. >> we will have to call upon ies around thelary uk. >> not every dog will wake -- make. out of this course, one or two may be judged unsuitable. what they are doing is potentially lifesaving work. >> this is "gmt" from bbc world news. the headlines -- china's communist party leaders are meeting in beijing. on top of the agenda, the
country's next five-year economic plan. the first of the rescue chilean miners have been released from hospital and are now with family and friends. more are expected to go home on friday. time now for the business news. >> thank you very much. all those who doubted google have been made to think again. a 32% jump in profits, to make almost $2.2 billion in the last three months. much better than expected. the chief executive said they had an excellent quarter thanks to higher advertising revenues, but also business is taking off like the android mobile phone operating system. the company has even more ambitious plans in the pipeline. >> it offers many other products -- >> the recession has not slowed google. 16% more people clicked on ads
on its web site in the last three months and that advertising business is expected to bring in a billion dollars this year. google already has a larger slice of the online market but it has shown it wants a piece of many high -- pies. it appears it was to drive your car for you. it also wants to tell you what to watch on tv and to provide you with electric power, investing in a wind project. it is the company suffering from an identity crisis? >> this is the thing you have to wrap your hands around. google has made it very clear that are out to solve the world's problems with technology, and that means a wide range of programs outside the scope of just internet search. >> rising profits offset the increase in hiring. but this technology analyst says there is something investors are
watching. >> if you have a company that continues to acquire, 10 deals in the september quarter, that creates an environment for increase investor concern. >> such fears may be melting away. with the growth of the mobil ad market and google's suite profits. -- mobile ad market and google's suite profits. a report on china may brand it a currency manipulator. i had of that report, china bought the commerce ministry said its exchange rates must not not -- not be used as a scapegoat for america's economic troubles. analysts say the report could raise friction between the two nations. >> i think if the treasury says that, and combined with the fact that the house has already passed a bill, that increases
protectionist legislation coming through for china. >> a key test for portugal's government. it presents its controversial budget. the austerity measures could trigger a deep recession. the minority government needs opposition support to when parliament's approval. the prime minister said he will resign if it is not passed. the world's biggest maker of computer hard drives is in takeover talks. it has not named the interested party but it is thought to be a private equity firm. seagate has been seen as a takeover target due to a weak share price. its market price merit is around $6 billion. -- its market valuation is around $6 billion. we are awaiting a speech by the federal reserve chairman ben bernanke. he will be talking around an
hour's time. we are looking for clues to see what measures he will put in place to continue the recovery of the u.s. economy. we are expecting to give details of perhaps another round of quantitative easing, perhaps as early as next month. there is also other u.s. data out today that well have an effect of the market, on the back of rather disappointing jobless claims out of the u.s. as well. it has rather dampened the market. >> sally, thank you very much. u.s. secretary of state hillary clinton expressed concern about plans cuts to the fence spun -- spending across europe. she stressed the need for all nato members to make appropriate contributions to the alliance. next week the british government will announce a major strategic defense review. all correspondence has this report. -- our correspondent has this
report. >> in a year the cost of the world's aircraft carriers rose by 650 million pounds. a bad financial planning -- it is thought bad financial planning has driven up the bill. some major defense project could be canceled or scaled down in next week's defense review. but u.s. secretary of state have a decline of voiced her concerns over the impact defense cuts in europe could have over the nato alliance. >> nato has been one of the most successful alliances for defensive purposes in the history of the world, i guess. but it has to be maintained. each country has to be able to make its appropriate contribution. >> the defense secretary insists the u.k. will remain a major contributor to nato, but he says he is determined to get costs back under control. >> it will not be easy, nor will
it be quick. what i want to do is to make it very clear to the whole country that we face an enormous task in a world that is very dangerous. >> the ministry of defense already has a black hole in its equipment budget over the next 10 years, something the government will have to tackle when it announces the results of the defense review and water cuts to public spending next week. >> you can watch interviews with u.s. secretary of state henry clinton and the eu's hi representative for foreign- policy in a special program on friday at 2030 gmt. the increasingly bitter battle to own liverpool football club has taken another turn. lawyers for the american owners removed the restraining order preventing the sale of the club to the owners of the boston red sox, but the move is not
guaranteed to help the transaction go forward. joining me is my colleague hot from the sports room. what is the very latest, as you understand, of where it leaves a liverpool? >> still belonging to the american code-owners, but they want to persuade a hedge fund to do a deal with them that will help them pay back the money today. it is about $380 million that they borrowed from the royal bank of scotland. leveraged-buyout, that is how manchester united was purchased. the american co-owners say it is not worth the 500 million -- >> it is extraordinarily complicated. you are saying in a few hours
the royal bank of scotland has the right to take over the club. >> yes, it does. nobody believes it will because, first of all, they do not want to place livable into administration because it will not only be unpopular -- they don't want to please liverpool into administration because it will not only be unpopular, but they will not return on the money. if they see there is some conclusion approaching, if they see the sale is about to go forward they will wait for the new england sports ventures, whoever it may be, to take control of the club and payback their money. the only thing they care about is the millions they own. >> is it conceivable hicks and gillette could remain owners of liverpool given the hatred against them in the city? >> in terms of the high court in london, know. the board has been back twice by the high court in london and is adamant they will sell liverpool contrary to the owners.
and they are not playing very well at all. >> an amazingly complex story. we will keep on top of it. if you have views on this story or any of the others we have been covering we would love to hear from you. we have our own facebook page as well as updates. you can also find links to the bbc news web site where there are lots of speeches and analysis as well. that is almost it from us. but here's a taste of what is, on later with the bbc world news america. they will be in missouri to see how the continuing economic crisis is haunting the democratic party. that, of course, just before midterm elections taking place on the second of november. on bbc world news and abc america. that is all for the moment. stay with us on bbc world news. there is, of course, plenty more to come. thank you very much for watching "gmt."
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