tv BBC World News America WHUT May 31, 2012 6:30pm-7:00pm EDT
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>> >> and now "bbc world news" america. >> this is "bbc world news" america. reporting from washington, i'm kathy kay. the center of the storm, spain is fighting a banking crisis and two europeans stay current system is unsustainable. europe draws up new sanctions against syria as refugees continue to flee to turkey. we take a look at the divided syrian opposition. >> do you think your lead rers going to be able to get you home soon? >> no. never. i think they live in another world. >> and beneath the south dakota hills, one former goldmine is now housing the research for scientific treasure.
>> welcome to our viewers on p.b.s. in america and around the world. how close is the euro zone to breaking up? for months, we've been hearing an increasingly dire forecast. but today we heard from the two most senior officials in europe. the head of the european bank and the e.u. top economic official said it faced disintegration. the crisis in spain is where gavin hewitt filed this report. >> miners were demonstrating on the streets of madrid today. there were running battles with police. they are one of many groups who in recent times have protested against budget cuts. spain is trying to cut its deficit while fighting a recession and growing a crisis
in its banks. it was reported 66 billion euros were taken out of the country in march. the largest amount on record since this began. some brangse still hiding bad loans after the collapse of the property market. >> and this is fourth largest bank for spain and a giant mortgage lender. it needs 19 billion euros to survive its bad loans and the uncertainty of where that money will come from. it is all fueling speculation that spain will need an international bailout. although the government insists it doesn't need the funds. >> spain doesn't want to be bailed out. >> you might not like to be bailed out. but will you have to be bailed out? >> no. we will not. we don't want, and we are quite sure that we can resist the
situation for a few months. >> but the banking crisis is hurting the economy. lewis runs a is successful copy shop chain, but banks are reluctant to threatened to small businesses. >> we would like to expand our cafes and our companies. and the most important problem is the not to get a loans for banks. >> any rescue of spain would be difficult. a top e.u. official warned today that the single currency could break up without stronger firefighting policies. >> we want to avoid a disintegration of the euro zone. >> the pressure is growing on europe's most powerful leader, angela merkel to clarify her vision of the euro. she specified need to draw up a five-10-year plan. here unions litter barcelona
airport to oppose cuts. tonight spain's economy minister said the future of the euro would be at stake in the next few weeks. gavin hewitt. "bbc news," madrid. >> for more on the stark warnings about the future of the euro zone, i spoke a little earlier with ryan the economic correspondent to the economist. thank you very much for kming in. when you know what i mean europe start using words like "unsustainable" and "disintegrate" are they trying to put pressure on officials to act or do you think we've really reached a tippling point in europe? >> well, a little bit of both. there's been a realization that further steps need to be made in terms of euro zone integration. i don't think it's always made how quickly it needs to be made but given the troubles, the southern portion of the euro zone, it is clear they need to be done quite quickly to avert a catastrophe.
so european officials have bided their time, and now it's time to put some concrete proposals on the table and move forward. >> explain to me what happened. we had the beginning of the euro problems and doom and gloom and now people say it's fixed, right? the european crisis? what crisis? now we're back to where we were at the beginning of the year, only worse. >> correct. prices were falling. bond yields were soaring. it seemed to be on the brink but roughly 1 trillion euros were lent to struggling euro zone banks and essentially that calmed the markets and bought a space of time for european leaders to get their acts together and try to move forward on some of these integration steps. unfortunately, they didn't use the time given to them. so at this point we've sort of run out of the time that the yureds could get by but now
it's worse since the euro zone economy seems to have gotten much weaker in the meantime. >> so now euro lead rers looking to germany saying last time they coughed up 1 trillion and now couldn't you step in and give us some money, too? >> one thing is europe needs to do something to shore up the banking system. we've seen this in spain where there's a loss of confidence in banks. and there's fear that if these banks aren't recapitalized and it will take more than spain can muster, that there will be bank runs across europe. >> and that's why you've got barack obama and david cameron weighing in on this? >> yes. it's feared lit spark an uncontrolled contagion that will cause a breakup and will have disastrous effects on the market and certainly hit the
u.s. economy. >> it looked like the bottom of the ocean, angela merkel and her european leaders. she seems to be isolated. what do european leaders want her to do and will she do it? >> i think there's an increasing understanding that there needs to be a sort of stp like in the u.s. where all bonds are backed and that integration step is something the euro zone might agree to at some point but angela merkel is not ready to agree to too much before she sees the reforms and deficit reduction she wants to see elsewhere. so there's sort of this game of chicken going on where angela merkel doesn't want to blink but she can't afford not to, because it will fall apart if she waits too long.
>> when european leaders aren't worrying about their economy, they are drafting new sanctions against syria and now it wants other nations to do the same but for the moment the international community is not planning military action. in denmark the secretary of state reiterated the military opposition on the ground that the syrian army is strong stand opposition is divided. we went to istanbul to find out more about the exiles trying to unseat ba had. >> -- assad. >> today, istanbul is a city of refuge. for southeasterns fleeing the terror at home. >> these women are packing clothes to send back to embattled families inside syria. >> my brother is here, but my feeling and my mind is there.
in syria. really. >> do you think your lead rers going to be able to get you home soon? >> no. never. i think they live in another world. >> from this city of exiles and this point in time the fall of the regime seems far away. it still has the strong support of the security forces. the international community is divided and has no intentions of intervening militarily, and there is another crucial fact, a crisis at the heart of syria 's opposition. >> the southeastern -- the syriain' has backing but 300 members representing different interests in a deeply divided country. the essencey has been beset by power struggles between competing factions and news control over the military campaign being waged by the free syriain' army.
the most damaging charge is that the -- is that it has squobbled while civilians have died. he spent 10 years in the regime's prisons and quit it earlier this year. >> what do the activists inside feel about the -- ? >> they failed to do anything. not anything happened inside syria. >> the international community is frustrated, too. at the opposition's failure to agree on a political plan for the future. the current leader of the opposition is this politics professor who has lived in paris for the last 30 years. >> isn't the big problem here is that you are so incompetent and divided as an opposition? >> do you think that people who lived half a century without political freedom under
murderous regime will speak with one voice and that there won't be different sides? this is natural but the difference in the international community is more serious within the opposition. >> the day after our interview the professor resigned. >> driven by infighting and far removed from the struggle inside syria, the opposition looks anything but credible. the fear is that unless the opposition inside and outside syria reach some unity, there will be a new power struggle if the regime falls. >> and that's what everyone is afraid of. moving from the from one of the newest to one of the oldest con flicks in the middle east. the remains of more than 90 militants killed while carrying out attacks on israel has been handed over toe palestinians.
more from the west bank. >> for palestinians a long overdue mass funeral. some of the dead were killed more than 30 years ago. they included suicide bombers. up until now buried in unmarked, secret graves inside israel. for most palace these were martyrs, fighting to end israel's occupation. now finally allowed to come home. this woman's husband blew himself up in jerusalem in 2004, killing eight israelis. she says the transfer will change her life. it will give her a chance to visit his grave. >> palace do not have a stake, but these events today certainly have some of the trappings of a state funeral, a real military feel to it of these men who died over the course of the last three or four decades for people here
fighting for the palestinian cause. and as you can imagine that, does not go down well in israel. >> for israelis, the bodies returned today belong to terrorists, militants who murdered civilians. >> people who were victims by terrorists somehow now it's become a political issue. we are against it. we think it's building up more terrorism between them. and this is another step. in that fight, in that confrontation between the free society, the innocent people, the victims, and the terrorist element. >> their remains will out in be taken to palestinian towns and villages for reburial. over the decades of conflict, the repatriation of bodies has been often subject to long negotiations and their remains are used as bargaining chips. this transfer was part of a
deal to andy mass hunger strike by palestinian prisoners held in israeli jails. israel said it was a gesture to rebuild confidence. confidence ask in short supply. talks between the two sides collapsed in 2010 and show little sign of resuming. "bbc news," are malla. >> and in other news now austin jury found presidential candidate john edwards not guilty on one count of taking illegal campaign contributions but the judge declared a ive counts after the jury said it could not reach a verdict after nine days of deliberations. edwards was accused of using campaign funds to hide his pregnant mistress while he ran for president in 2008. a chinese activist to the who flew to the u.s. after tense diplomatic negotiations revealed his family and friends
have suffered severe beatings since he left the country. his first major appearance since he left the country, he spoke about his concerns for his family and the future of his country. we have the story. >> applause for chen guangcheng, the blind activist still hobbling after his dramatic escape after being under house arrest in china. he was all smiles in new york when he called on china hurts to to observe the rule of law. >> it's not that there's no laws. it's that they are not being enforced and the second question is the judicial agencies are not being told to enforce the law. they are being told to do things illegally. >> his journey to america after fleeing his chinese captainors and taking refuge in the u.s. ambassador said he wants to pat
spotlight on it. >> can you really do coverups? no. that possibility is diminishing but for officials to ride on the constitution and i think that possibility is less and less likely to be accepted by the people. >> they say china's ability to handle critics like mr. chen guangcheng is crucial. >> for the chinese economy to succeed, it needs to rebound and reform and the only way it can succeed is if people like chen and those he represents, those getting the short end of the stick are empowered to have their voices heard. >> chen guangcheng is now one of the most high-profile chinese activists in the world. studying here in new york it became a public platform for his views. but whether it will convince -- americans have been able to
follow this story closely. usually little news about chinese political prisoners reaches new york. >> chen guangcheng is the exception, because he has a voice to give to the media. and now they imprisoned him, because everyone in the world is watching and knows. >> chen guangcheng's treatment when he returned to china will be a test. the authorities' commitment to human rights. "bbc news," new york. >> you're watching world news america. still to compton program, president george w. bush makes a return visit to the white house, and for one day, it's all smiles between the two parties. >> in london prince charles has been watching the final preparations for this weekend's diamond jube lee pageant on the river thames. hundreds of thousands of people are expected to line up to
watch the boats. to mark queen elizabeth's 60 years on the thrown. on the throne. daniel rough has the details. >> the pageant boat. some already in position alongside river thames. the flags are up. the bunting is well and truly out and the decks are clean. the prince of wales heard the nervousness of those involved. >> we have been thinking about what could go wrong the last week. >> i know. [laughter] >> the prince met some of the men and women who helped decorate the royal barge, the boat that will carry most senior royals on sunday. and the future king's presence on the water was a surprise added attraction for many tourist boats. the jube lee river pageant sets sail at 2:30 on sunday with the royal barge leading the way. the route is around 7 miles long sailing past london's most
well known landmarks and ends at tower bridge three hours later with the queen back on dry land at around 5:30. hundreds of thousands of people are expected to line the route to watch. and the mood towards the jube lee celebrations seem generally positive. >> looking forward to it. hopefully it will be a sunny day. >> i think it's great. >> not particularly interested. traffic is already a nightmare getting home tonight. >> over the next couple of days, all the boats taking part will gather along the route. their main concern now is the weather. >> the first privately-owned space capsule has returned to earth after delivering supplies to the international space station. it returned when the dragon mod
-- knowledge jewel was returned and later splashed danny in the ocean across california. sometimes you don't have to travel up to unlock the mysteries of the universe. you have to look down, way down. that's what they are going in a former goldmine in south dakota. all the mystery details. >> tucked high in the north black hills of south dakota is leads, a little town built on an enormous goldmine. >> right now we're riding in the cage and descending to the 458-foot level underground in what used to be the home state goldmine. >> for centuries gold provided the surrounding mining towns with a steady source of work and profit. but eventually high costs shut the mine down. they stopped mining for gold here in 2001. and home state closed in 2003.
but now the mine is back in use. only this time they are not hunting for precious metal. they are looking for something much more elusive and possibly much more valuable. dark matter. >> this was actually the part we were just looking into. we don't know what dark matter is but it's a neutral particle and interacts gravitationally. understanding what dark matter is will help us understand what the formation of galaxies and large bodies of matter in your universe are. >> by conducting experiments of dark matter underground, scientists can avoid the cosmic rays and light pollution that affect the study on the surface. >> we have a million more affects on surface rather than below the level. >> they are turning it into the
underground research facility, a cutting-edge laboratory located a mile under the surface of the earth. >> this takes a lot of coordination. >> how do you get all these giant pipes and boxes -- how do they come down here? >> you break them down as small a piece as you can and reassemble them. >> so everything we see here came down on that teeny tiny elevator that we took to get down here? >> one just like it. >> the initial one will conduct two experiments. one will try to measure sparks of light when it interacts with dark matter. another will measure radioactive decay. both will provide important puzzle pieces to the least understood parts of our universe. >> some go to observe toris and mountain ranges to get a better view of the "cosmo"s. we're studying them by coming
underground. we are getting away from some of the natural backgrounds that really imfeed search for this needle in a haystack. >> kate daily, "bbc news," south dakota. >> now to something you don't see every day. especially not during an election year. today president obama welcomed his predecessor george w. bush back to the who is for the hanging of his official portrait. as reported, it was really quite a jolly affair. >> he's back. this time it's permanent. [applause] >> the portrait of george w. and laura bush will hang inside the white house continuing the tradition of honoring former presidents that date all the way back to george washington. >> when the british burned the white house as fred mentioned in 1814, dolly madison famously
saved this portrait of the first george w. [laughter] now michele, if anything happens -- [laughter] there's your man. [laughter] >> there was a lot of laughter. but tears, too. as mr. bush paid tribute to another former president, his dad. >> i am honored to be hanging near a man who gave me the greatest gift possible, unconditional love, and that would be number 41. >> painted by an artist from his home state of texas, mr. bush is portrayed standing in front of the desk given by a queen. explaining how the cares of presidential office transcend party politics. >> george, i will always remember the gathering you hosted for all the living
former presidents before i took office and plus you left me a really good tv sports package. [laughter] >> that was -- [laughter] i use it. [laughter] >> there is, of course, much more that divides than unites these members of an exclusive club, and with an election looming, the bipartisan warmth looms here as president obama tries to put off the hanging of his portrait for another four years. "bbc news," washington. >> well, who knows what they really think about each other and their policies, but today they really seemed to get on well. that brings our program to a close. if you would like to find the bbc team, you can find us on twitter. i'm@kathy kaybbc.
thank you for watching. >> make sense of international news at bbc.com/news. >> funding was made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. >> at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you?