imports to europe. also has deposits in marine life deposits in january imported to europe must be his certificate which credible to certify people that they are not the product of illegal fishing and that they have been caught according to the regulations with. voting illegal fishing certificate is good and. official legally have networks that bypass also. allow them to sell in the european asian and north american market fish that has been caught illegally in the consumer from north america or. sure europe will not distinguish and the market stalls. knows the fish is good but if it is been fished illegally or not that does not concern the consumer but of course this is not easy and the european union is doing all it to get it but don't forget that this is just another player on the global chess board and let's not forget there is great resistance and huge interests right now in our effort to form and. which will respect all that you mention the sustainability is of this is meant by a lot of opposition

it killed the artist lorenzetti and half the population of europe. it was the greatest catastrophe in the modern history of the west. but surprisingly, for some regions, the plague was a springboard for economic growth. [bells ringing] for the survivors, there were new opportunities. florence recovered particularly quickly. by 1400, this was the city-state that dominated central italy. but bankers and textile merchants were expanding their trading empires all over europe. over the next 100 years, an extraordinary interaction took place in florence-- the innovations of artists and architects, the excitement of rediscovering classical achievements, and the patronage of a wealthy commercial class. these key elements brought about a series of artistic and intellectual breakthroughs that came to be known as the renaissance-- literally the rebirth of learning and culture. in the church of santa croce, a series of frescoes painted around 1320 were to have a revolutionary effect on florentine painting. here, the great merchant families competed with one anot

i think that you know the heartland of europe northern europe asia is robust and has been chugging along quite nicely you know its growth its growth rate as a practical thing they're doing at the moment is to put in this sort of banking union and that's that's the first step and really the way out of this problem i think is to create a federated union. where you start mixing fiscal pen and money people join the european union is that what they wanted to join maybe not and of course it's going to be incredibly difficult and i'm not saying there's going to be a federation but me that's i think that's that's obviously the solution to this problem but that's a rational intellectual. thank you so notion but it's not it's not a political solution that's tenable you know if you don't you'll have you'll have states pulling out of the. euro land if that happens i mean obviously the u.k. has already said it hold a referendum and the feeling within my home country has you know they were telling me if we're not going for it it's solution you know a viable solution that would work we're just left wit

step ahead of the rest of europe and europe needs to follow along and it's one of things that. labor reforms they did ahead of this crisis and again we were talking about russia picking a bad time to reform europe's even a worse position because they don't have this buffer of money or borrowing and they need to do the reforms that germany has actually already put in place under schroeder. which is one of the reasons why germany is doing well but it's not just germany the periphery states also needs to tackle these problems and there doesn't seem to be much backbone to do it's you know their little nickel will exactly they're looking to germany for a hand in the end it's to throw money at the problem hope it goes away so you get through the election so i guess that's you know that's the big problem here because merkel was elected not to do such a thing yeah absolutely i like i fundamentally believe that your should stick to what i think we will see still significant problems in the pressure of europe i think that you know the heartland of europe northern europe asia is robust an

challenging europe polarizing its politics and on settling its societies. to extremism be sidelined that's the fear factor eliminated from the european frontlines. our guest today is tony robinson who used to be the face and leader of the english defense league street protest movement known for its strong anti islam stance tony it's great to have you on this program today now your recent departure from the english defense league surprised if not shocked both your supporters and opponents looking back are you proud of the a.d.l. leadership or disillusioned with it. on friday to form an english family completely . for too many years in this country working class people been ignored and no one to listen to their voice and within four years were up so much so that people around the world have heard what we're saying they've heard how we feel how we live in down at the bottom there's a massive gap between how people live in and what politicians dare speak about no politicians or none of our political elected leaders will dare to criticize and say the things they

and we welcome valentin kreilinger of the pro-europe think tank, notre europe. you can always join the conversation on facebook and twitter. #f24debate. right now, fabrizio bertot, a meeting of the pdl party taking place. there has been some dissent in the ranks. five cabinet members have slammed the door of the coalition. let's state the record clearly. did they do the right thing, following berlusconi's order to leave the government? >> i suppose they did. the opinion is that the economics cannot support an increase in the tax. i think that is the time to put order in our accounts. but we cannot do it -- >> is this really about raising v.a.t. or stopping silvio berlusconi from being barred from office? >> it is not a problem, berlusconi and the politics alone. if he wanted to do something, he had to do it. the problem is exclusively economic. i just saw an urgency about berlusconi, he declared that he is ready to take on all the economic arguments in the next week. we are ready to do our part for the improvement of what is necessary. but we need elections. peo

is europe sort of mass for a while merkel being reelected is very positive news for europe you know obviously to form a coalition gap but that'll do that'll get done i still worry for certain southern european states which has been indicated earlier you know have significant levels of youth unemployment there's a generation of voice to talent that so europe's got a lot of healing to do i think oh no gentlemen i mean healing yes but ben is it just another big bubble. which is a big bubble with quantitative easing i mean when you see this really all too easy credit out in the world right there in the united states it's a bubble it's a misguided policy i mean the whole point of easing and stuff loans is basically throwing money at a problem supposedly down the road so that you don't have to deal with it and the basic problem is to deal with the debts and have it because you know during the crisis the governments took a lot of that bad bank and just put it all on the national balance sheets and countries don't you know go bankrupt i mean they can default there but they don't go bankrupt

this is how you get into europe. another very shocking, provocative headline writing in "the guardian." he said the boat sinking was no accident and it should and could have been prevented. because the mediterranean a graveyard in his article and he points the finger at the far right politicians in his country, italy, like the northern league you have whipped up the xena phobia to create a climate that is so hostile to immigration reform that it is very hypocritical of italian right wing politicians to point the finger because they are at fault as well. if we just go to france here, another very provocative front page. this is a magazine that comes out weekly here. very much on the left. just translating slightly this headline that says, the mediterranean is now applying this program is a caricature. this is very far-fetched, basically trying to align the two ideas, potentially libelous and they do not shy away from this. again, pointing the finger at far right politics in europe. >> meanwhile, another country trying

fracking and europe is complicated. as long as they continue exploration, these protesters will remain in place, and that is ready much reflected across the continent. >> while the opposition to fracking and europe has taken the form of public protest to action, many individuals are feeling the effect closer to home. jack barton has the story. >> i reinforced easement helps hold up the house and the far north of the netherlands. it has been shaken by hundreds of earthquakes the government now admits is caused by conventional gas extraction. >> you can see one of the cracks on the wall. there are hundreds. >> no surprise he is alarmed the north is considered for trials of hydraulic fracturing for shale gas better known as fracking. >> their goal is making profits, making money, and not to take care of the earth, to take care of the safety of the people. >> he's not the only one in the region that is worried. about 10,000 houses have been affected here in the north of the country. a quarter of them have been repaired, and

and in europe. what surprised me is when the forming english defense league aside then talking to other european groups and looking into what was happening i was appalled and scrapes and shock of what's happening in sweden in momo you notice differences in france i was shocked to see where no one asked about my eyes to the problems of being a kurd and what we have to ask yourself is we've had immigration into britain we've had the sikh community the hindu community we're simply the community college community we haven't had the same problems and the same issues so we have the the issues are coming from the islamist ideology which has been allowed to flourish and spread across europe unchallenged and it's not just been allowed it's been facilitated and supported by a hard left far left agenda which many of these far list communists or marxist organizations which are very prominent in europe as well are siding with the islamists because they hate democracy they hate the rule of law they say is the big

the rest of europe. germany hs a renewable share of 25%. other countries will come there eventually and then they will have the same problems that germany has td. what are they? first of all, 25% renewables to a large degree in affordable tax is very expensive. post the industry as well as consumers are under the burden of very, very high energy bills that's not sustainable in the long-term. tekdly, germany has on its own stepped out of nuclear. we think the safety issue is a political issue. i think that's nos something that energy companies can be decisive on. they just act in line with the decision. the shutdown of the power plants was done independently. there's a lot of wind and a lot of sun, if not, the borders would be opening to the neighboring countries and we would be able to push the excess electricity into the neighboring countries. if that was not the case, then the system would be dead in germany. they have initiated a lot of things. they cannot solve it on their own. they need europe. >> w

horrible things have been happening to migrants trying to get to europe. tell us about that. >> yes. it's really just a quirk of geography that has made this tiny island so important. it's something like eight square miles. there is only one village. you can see it behind me. otherwise, it's a scrubby, barren place but though those thousands of people sitting out on ricketing badly may tained boats from the north african shore, typically from the libyan shore, this is the first part of europe which they reach. ? >> it's been voted the most beautiful beach in europe, but how easy it is to forget the drama, the tragedy that plays out every day just a few miles offshore from lampedusa. the italian navy has sent one of its biggest ships to help with the crisis. we were allowed on board and in the hole found a pathetic cargo: 318 people picked up at sea the previous night. most of the africans are young men. many are aratrayans who paid smugglers thousands of dollars to flee their country. >> it is very dangerous. >> and then there are the syrians of all ages.

but the territorial waters the fish they load the fish into the ships and leave for europe. to do illegal fishing just taking the bread out of our mouths. the. economic down to find out. the love. and the rest because i. believe if we. welcome back this is our team now the man who's still got a brand new wave of anti-americanism and sells america over u.s. spying revelations as in moscow ecuadorian president rafael correa will be meeting . and there is a chance the fate of american a whistleblower edward snowden will be mentioned. has details. the timing of visit to moscow certainly adds a lot of spice to what could have been just another visit of a latin american president to the russian capital itself well korea arrives in moscow which is the very same city where edward snowden the famous whistleblower now resides with his political asylum and if we go back five months ago we remember that ecuador was one of the countries which offered a political asylum to the former n.s.a. contractor and that is despite ecuador having strategic partnership with the united states you know

what we have seen in europe and western europe is the session because of the prices. so the current euro strength can be be -- in its recovery. >> so while we're here in vienna, ger heart voice is with me. thank you so much for joining us on cnbc. results were in last week. i think we saw slightly lower production numbers and an issue, i think, surrounding what's going on in libya and some of the operations in north africa. the strategy, it seems to me increasingly is for you now to move your upstream focus away from the middle east and the north african market. can you talk to us a little bit about why you've taken that decision? >> yes. omv is a fortune 500 company. as such, we have moved into downstream and now we have changed much more going into up stre stream. therefore, made decision recently to move into the -- and we have two areas in europe. one is upstream and the other one is the deep part of the black sea in romania. >> but i conclude from that that, really, you've had enough in the instability in the middle eastern region and that it's better to bring it

and sends them off to europe. so by having a flag sometimes as far removed as mongolia when you're on your ship you are basically exempt from a lot of fishing rules because mongolia hasn't ratified certain treaties or as and is not member of certain fisheries management organizations so this way you avoid many rules and regulations to it's a clear new poll that needs to be addressed by the international community. the fishermen live day by day and what they earn isn't enough for them to make a living anymore. and that is why there are waves of migration towards spain with even if we get us all the list but to be also. before when fishing when good and it fed the people. fishermen had no need to leave for europe ever they had opportunities possibilities and they were not interested in migrating. to move to europe as the one that organizes the flight of africans to europe organizes illegal migration into the e.u. had helped us out in combating illegal fishing all the young fisherman who are abandoning africa instead

europe in europe is so if the e.u. wants our fish it should accept our children and its country so it can't be that it takes our fish causing misery and then tells our children to stay in their country the main public health issue in the e.u. is obesity. in our countries the main public health issue is famines so this injustice is not sustainable either we live together in a fair and it gala tarion world or we share a world of terror because you would you apply can't tell you how many are in the ocean with the sea bottom is full of pirogue with the dead bodies of our children young people who left in search of adventure. when i was a child i would come to see because i loved it a credit boom or would you do it as the son of a fisherman who is proud to go out to see. his dream is to become a captain one day after the murder of me. how little i had no money to support my parents so i decided to take the perogue and emigrate. i didn't care about the danger or if i would live or die my dream was europe so that i could help

thank you very much so swiss war games underlining real tensions between neighbors and western europe. real tension too on our website i agree belgian firefighters literally firming with fury they give the boys in blue dowsing for getting in their way during a protest over budget cuts who want to see more of that video and story online about the police but not happy and also arguably israel's biggest ever funeral sees hundreds of thousands say farewell to the spiritual leader of audio you said again we've got the story there from want to check their. news today violence is once again flared up. these are the images of the world on the streets of canada. for racial to rule the day. afghanistan's president blasted the united states for bringing suffering to his country with very little security to counter it how because those words come ahead of a story chapter for the country which is gearing up for its first ever democratic transition of power the taliban's promising to disrupt the vote though and with militants plaguing almost half the country right now it's a serious threat the move

they were the most urban society in europe-- literate, stable well-fed, and decently housed. they knew themselves to be fortunate. they strongly identified with the chosen people of the old testament with all that implied about obedience to god's will. in this peculiar new society artists couldn't look to the traditional sources of patronage. there was no royal court. the churches had no pictures, as we can see in this painting of the mariakerk in utrecht by pietersz saenredam. nevertheless, the netherlands experienced an explosion in the production and consumption of art. the first mass art market in history arose because for the first time ordinary people bought paintings, etchings, drawings. artists produced in large quantity for that market. the society was defining itself in the images it produced. the simplicity of these domestic scenes is often deceptive. this still life with trout by willem claesz heda, while reassuring the dutch of the plenty in their lives also warns them of the remorseless passage of time. jan steen's painting the world upside-down was intended to

. >> now, you bought some companies in europe. europe turned tough. still great acquisitions. explain to people how it works. you have tightened the ship in europe. wouldn't be a dollar in sales now would produce a far greater gross margin than it would have been four years ago for you? >> that would be our expectation. you're right, we have taken a lot of capacity out of our european operations. we have worked on savings. i'm proud of the work our teams have done around the world. an additional 90 million of productivity savings. i think all that says is that we're a business that is really very tight in terms of our expense, resource and capital deployment. this increase get from 3% to 4% next year. we believe it could be very powerful. >> explaining the cycle of construction. you said we're seeing pretty good bidding activity ahead of us. and you're talking about 13, 14, 15. do you think it can be multiyear? >> i do. we all know residential construction is an early cycle activity. that didn't happen because we were coming out of the mortgage crisis in the u.s. it was led wi

, priefg optimism, people very up beat about europe, i was very surprised about that. the second was a lecture from alan greenspan and he argued that the reason firms are not investing now is because they are concerned about the growth of entitlements and the deficits down the road. >> rose: yes. >> yes, i didn't expect that. i thought that was a surprisingly bad argument. >> rose: i was going to say. harry summers is out now making this argument at every forum he can that america's problems is a focus on entitlements and entitlement reform is the wrong place jerks got to figure a way ourselves, you know, what is restricting growth? >> you could also -- he had to make assumptions of how the tax revenues will come in as well, and people are optimists and all of that, i think the really staggering thing to outsiders of what actually happened in the shutdown and so on is america's real problems weren't anything that anybody really discussed, america's problem is it continues to tax as if it is a small government, and it is a big government country and entitlements are a p

their court was one of the grandest in europe. because this was a ing court, moving between the palaces of their scattered duchy many of their artistic treasures were portable-- tapestries, metalwork, and illuminated manuscripts. all this medieval extravagance was principally paid for by the burgundian netherlands, the most highly urbanized ar of europe. during the 15th century, bruges became the busiest port in northern europe while bruxelles and ghent became two of its largest industrial cities. [bells ringing] we can catch a realistic glimpse of flemish urban life through the window of religious paintings such as this madonna by robert campin. in italy 15th-century artists used perspective and the study of antiquity to depict a suitable setting for their religious paintings. by contrast, a northern painter such as campin in his merode altarpiece, saw no great divide between the past and present between the look of antiquity and the late medieval world. joseph, in his carpenter's workshop is depicted with detailed realism-- the

poland -- in search of europe's last which is -- witches.\ and spain -- why farmers cannot stop working. the united nations says more than 2 million europeans have fled the country since the war there began. many of them are trying to get into the european union. it's a dangerous journey, but even if they do make it into the eu, they are often into -- and for more trouble. an increasing number of families are separated during the journey. many refugees are not sure whether they will ever see their loved ones again. >> she's three months old and she has never met her father. she was born in athens along her family's journey from syria to germany. they were not safe at home anymore. >> my husband organized demonstrations against the assad regime. assad's people were always coming by looking for him, and it got too dangerous, so my husband decided that we all had to leave. >> the entire family crossed over into turkey, and they did not stop there. at the greek border, they used a rubber dinghy to cross the river really believe. an eight-year-old fell overboard and nearly drowned. their dan

into europe which is the key and critical issues at the. isn't a moment i think the neighboring country needs badly to be supportive india efforts to cope with those arriving from syria says within syria has to improve to be improved and this is the best way not to have a major and further migration move into europe and other parts of the world being seeing unfold indeed well as we see the scale of this problem is quite dramatic and needs to be addressed properly of course now on a slightly different note here we know that the i.c.r.c. believes that there is place for international humanitarian law in video games so do you think virtual reality should go that far and why. well virtual reality goes far. as we know and we see that in reality in video games increasingly. soldiers and people. who act like soldiers are behaving in this respect of international humanitarian law you win a video game if you kill as many civilians as ever possible i think the to the extent that virtual reality is always. has always a risk to impact falls on real rea

we had an excellent quarter. >> we hated europe so long here we forgot europe is a big mark. a little turn could be gigantic for your earnings, couldn't it? >> we worked hard to streamline our businesses to emphasize productivity. we still had record operating earnings in europe over the first half of this year, so we're poised with any improvement in the overall economy. we think whole do even better if europe. >> where do you think that improve him is coming from? a lot of companies over there, some doing better than others. there has to be something, spain is doing better. is it every country is turning a little bit more? >> no, i would say we first saw the improve him in the u.k. you know, that's been the early indicator right now on a positive. germany has been good and i think we are seeing improvement in southern europe for the first time in several years but the other in use market that looks like it's stabilizing and getting some slight growth here in the fourth quarter is automotive oem, where actually they're projecting a modest 1.5% growth in auto bails in the fou

a new undersea rail tunnel connecting asia and europe. the challenge, under the waters of the black sea, where it enters the mediterranean. in 2004, the risks of repeated earthquakes as bad as 99 always present -- as bad as 1999 were always present. then there will come a third bridge closer to the black sea and it is hoped that an massive new airport will make the area here a major transport hub between asia and europe. , we are on the opening there. >> system bowl, across europe and asia. for the first time a tunnel will connect the two continents.

>> not because germany does not make up europe. in any case, germany is a part because it is an aging nation, a rich aging nation, with a low proportion of immigrants to its total population. not so small, although that explains the difference. on the other hand, i would also reject the idea that the economic reasons explained the rice of the extreme. -- the rise of the extreme. it does not explain the far right as well as it explains the far left. for example, it in greece and portugal, it is mostly the far left which has been rising. the far right in greece is not so big. it is very extremist. while the former communists, you can trim the campaign. the left is very strong, two thirds of the electorate in the recent election. >> it is not one-size-fits-all. >> for the far right, the explanation is broader. we can to reduce this to the current economic situation. >> i would say basically, i agree. you can't bring everything down to the economy specifically but it provides a backdrop. if we were in the 1970's growing at four percent

has breached europe's trust. a house committee has begun to investigate, the health care website. >>> a chinese court has rejected an appeal by senior politician bo shi lai. found guilty of bribery embezz embezzlement and breach of government security in september. >>> pink light shining on the warehouse. the special heighting was to honor breast cancer awareness month. more than 230,000 women will be diagnosed with the disease this year. the entrance of the naval observatory was also glowing pink to highlight the need for awareness. you can get all the latest on aljazeera.com. >> a congressional grilling on obamacare. finger pointing and lots of anger. consider this, did we actually learn what went wrong, and do we know what is really ahead for the politically polarizing law? and was he once a radical in ask a commercial pilot turned author tells you, the real reason airlines ask you to turn off and stow your computer, and shouldn't we be worried when a plane hits turbulence in foo turbulence? >> the debate with

ambassador in paris we've seen a reaction coming from individual entities across europe here and other countries that say for example in germany telecom has been pushing to have all of the data communication just limited to local german servers in order to stop spying from outside specifically the united states and also brazil had planned on having a secure email service also to thwart spies but on a broader scale the e.u. with set to sign a vote on a new regulation essentially bans any transfer of the data from e.u. member states to the united states in reaction to all of this is the first major move really after the edward snowden leaks and also it would hope to subject a large a us or foreign corporations as well as social media providers to follow laws or say seventy five's numbering in the billions as has been reported so we are seeing backlash from all levels even up to the highest levels here in europe against the n.s.a.'s activities. the repercussions from edward snowden's revelations are affecting not only governments but also journalists in today's cross talk piece of analyse

and europe that peter well the general reaction here in europe over all of the n.s.a. spying stuff is that these are spies spying is what they do but what it's come to business well there's a lot of trust that's involved in the deals that go on across the atlantic and it has really damaged the trust we were talking to people for other shows at all to about the. it's a big a base level of trust that now has been perhaps irreversibly damaged by the spying that's gone on we've seen that the european union now certainly doesn't essentially trust its u.s. partners its voted to suspend. relationships that would have exchanged data of it with the data which was supposed to be there to. to help combat terrorism which it turns out may have been used to to try and look into business deals as well as well as don't look into the the private banking finances of european citizens so what is the big problem is trust and that's just not there anymore and pay it seems like bad timing because obviously we've got a transatlantic deal still pending between the two economies that how much

playing on industries on the big companies from europe so it's just the way. that the french president. benjamin the french president e's going to react to this what he is reacting is saying that he's going to press for a new europe wide data privacy rules at the e.u. summit this week do you think though that some sort of regulation really would work . when the french president he's going to react to this. you're right at the moment the. protection of the british which is quite important because we have to protect our personal and sure that big company is. not spying on our daughter and that was prison. but it's clearly not enough because of course. those companies are. down to their own regulations. gave them. the authorization to spy on us for the n.s.a. and not to be reliable. just like their contract doesn't exist at all so of course we have to do something and. that was one thing in the article of today we don't know whether or whether the french secret service was working within the say. they say was doing it on their own. about relations. for the story

this church was completed in 537, just about when europe was entering its dark ages. for four centuries after that, christians in europe looked to constantinople as the leading city in christendom, and this was its leading church. this clever dome-upon-dome construction was the biggest dome anywhere, until the cathedral of florence was finished during the renaissance 900 years later. the vast interior gives the impression of a golden weightless shell, gracefully disguising the massive overhead load supported by masterful byzantine engineering. 40 arched windows shed a soft light on the interior, showing off the church's original marble and glittering mosaics. but the byzantine empire collapsed in the 15th century, and hagia sophia was turned into a mosque. christian mosaics were plastered over, and new religious symbols replaced the old. this church was built to face jerusalem. mosques face mecca. when hagia sophia became a mosque, they couldn't move the church, but they could move the focal point of the praying. notice how the prayer niche is just a little bit off-ce

towards an energy crisis so this according to the europe's top utility for their problem but they say it's ultimately billions in handouts are killing innovation and competitiveness and the results for all to see let's bring them up for you here on the program looking at the cost of energy in the e.u. and elsewhere in china a kilowatt hour is going to cost you around seven cents in america it's a few cents more double it though and you've got france although there is some savings going on there due to nuclear power they're almost double that again no we're talking germany twenty seven cents per hour that's well four times higher than china well needless to say that is bad news for industry at a time when the e.u. desperately needs to get back on its feet certainly economically speak. germany has found a way around it instead of taxing businesses and factories it puts the entire burden of subsidies on ordinary households and as artie's peter all of a found out families are having a very tough time keeping up with the green lobbies appetites. well their. support for green energy is anch

at the foot of southern europe and that is. the strategy is to ultimately move into europe according to various estimates more than ten thousand committed members are operating just along syria's eastern border with iraq it's reported to be more than the number of jihad is in iraq during the u.s. led occupation worth mentioning it was the u.s. invasion that brought terror into iraq this graph from the national consortium for the study of terrorism and responses to terrorism shows the spike of terrorist attacks in iraq following the u.s. invasion the u.s. now shrugs at all this terror that iraq has to deal with every day calling it well pains of democracy libya and similar attitude the u.s. helped to kill qaddafi now the country's engulfed in chaos and terror again you hear pains of democracy but as these extremist groups in different countries become more and more organized as a network it's difficult to ignore them. monster it spreading through the region the u.s. thinks drones are the perfect tool to deal with terrorists they

for many, it is the only way to make it to europe in search of a better life. entering through the land route has become virtually impossible without papers. the borders are heavily protected against illegal immigration. those who do try often end up stranded in greece. private organizations there have been taking care of many of the children who get separated from their parents on the way. >> he makes his living in one of the most beautiful conservation areas in the balkans. the river delta is home to countless rare bird species. it is also part of the border between greece and turkey, a dangerous transit zone for people fleeing to europe. >> these are the remnants of the boats and -- that the refugees used. apparentlythe ather was bad and the people would -- the people drowned. only the boat remains. there is the ever us river and beyond that is turkey. it is just 50 meters wide, but crossing is dangerous because the current is very strong. those who cannot swim drowned. >> aside from those who survive -- those who survive end up on the outskirts of this town

never let a good crisis go to waste china turns to europe for investment opportunities snapping up companies all over of us charity hate kannan. and the swiss army simulates our war against a debt stricken french government that send troops to recover stolen gold. this is r.t. coming to you live from moscow with me marina joshing. a key and your comic summit of asia pacific leaders now underway in bali has not been short on political overtones the absence of president obama due to the u.s. government shutdown was repeatedly noted as other countries to center stage add to form our reports from indonesia. well the twenty one nations that make up a package count for more than fifty percent of the world's g.d.p. on an annual basis so it's clear that what is agreed here is of huge significance especially when you consider the fragile nature of the global economic recovery and this region has a number of a merge and economies indonesia for example where we are right now is the fifteenth largest economy in the world so it's clear that there are plenty of good investment opportunities in the region

never allowed a good crisis go to waste china turns to europe for investment opportunities snapping up companies all over the continent and. the swiss army simulates a war against a debt stricken french government that send troops to recover stolen gold. a.t.m. in the russian capital you're watching r t i'm marina joshie welcome to the program a key annual summit of asia pacific leaders in bali has and its second and final day boosting trade and business cooperation between the twenty first member twenty one member economies is the main focus of the gathering but it has not been short of political overtones as well the absence of president obama due to the u.s. government shutdown was repeatedly noted as other countries to center stage at a forum are reports from indonesia. well the twenty one nations that make up a package count for more than fifty percent of the world's g.d.p. on an annual basis so it's clear that what is agreed here is of huge significance especially when you consider the fragile nature of the global economic recovery and this region has a number of emerging economi

and in europe. we have put into law in this country binding climate change targets and europe looks like it's going to strengthen further from where we go which is a difficulty. i haven't looked at it. i have this wonderful app that shows how we're making our electricity hour by hour. on average 40% comes from cole but cole is being taken off the system. that means there's a likely rise that will take place on the wholesale market. it is very difficult. >> the sad thing is it is pointless if nothing is done about em carbon emissions. if we don't do something about it, all of this is for not. >> let's be very honest with our u.k. viewers here and possibly our european viewers as well. the london array, the new nuclear deal agreed with the chinese and edf as well. these are locking u.k. consumers into not only current prices but higher prices for years and years, in fact, decades to come. we're going to have much higher prices built in because eventually the government will not be able to subsidize th

. >> suarez: europe has been undergoing terrible economic turmoil in the last several years. is there less of a welcome for these refugees now and is it a political controversy, the number making -- >> it's certainly political controversy and there's certainly been a movement in many western european countries where right wing organizations are taking quite a hard line against the arrival of irregular or as they would call them illegal immigrants and i think there is an interesting debate going on about this kind of migratory movement. some people see in the positive terms, the fact that people are making the best of their lives, trying to improve their situation, that they're filling jobs that nationals refuse to take so they are making a contribution to the economy and, of course, they're consumers. they buy goods in the economy and contribute in that way. but at the same time, there are many people that would argue that these people are arriving in an illegal manner, they don't have the right to take up residence in these countries and that they're placing a great deal of

europe has taken off. a januaryoff. the market ground to a halt but in match buyers and sellers kind of found a price they agreed on. i'd say it started with the countrywide deal back in march. that was apollo and oak tree were selling that and as kayla was talking about real estate in the u.s., these are real estate deals too. very cyclical stuff and -- >> in the uk -- >> you're right. we have no ipos in the uk for three years because fund managers just spat everything out and said no way. that seems to have changed. foxton traded up. when you speak to bankers they're talking about the equity markets outbidding private equity and that hasn't happened for years. pets home, these were deals that were dual track. the fund managers got very annoyed with because right at the 11th hour you'd have a sponsor walk in, bid more and get the deal so i think you're seeing a reversal because the kind of ratios that fund managers are paying in equity markets are paying in europe which is different. u.s. has been fairly resilient espe

i think europe last week was the 11th of flows into europe. but we continue to see good asset flows and you've had a generational fright in equities. they're still dramatically underowned in the world. phenomenally under owns. everywhere i go, people are worried about investing. >> stay with us. more to come from you. we've been asking is china seizing on the u.s. crisis deflects its currency muscle, can you imagine a world where the u.n. becomes the global reserve currency? pinto tweeted they certainly have the opportunity to do so, all they have to do is start spelling their $1.3 trillion of u.s. treasuries. which is a bit of a task in itself. if you want to join the conversation with us, tweet @cnbcwex or direct to me @rosswestgate. >>> still to come is that debt debate continues, it's probably over-shadowing bank of america's earnings. more from him on that in a few moments. knew all about a bike a, just by talking to a helmet. it grabbed the patient's record before we even picked him up. it found out the doctor we needed was at st. anne's