the salvage operation is expected to cost hundreds of millions of euros. schettino faces up to 20 years in jail. has been-- his lawyers have asked for 3 years, 5 months as part of a plea deal. >> at least 22 people died when eating food with pesticide. the government has been criticized for its free lunch program. these are images of the cosmic drama at the heart of the milky way. astronomists spied a gas cloud close to being devoured by a supernova. it is a process known as spaghettification. russian court sentenced a tominent opposition activist five years in jail in proceedings widely described as a show trial. 400as accused of embezzling thousand euros as a consultant for a state-run timber company-- 400,000 euros as a consultant for a state-run timber company. >> the state finds him guilty under part three of article 33 of russia's criminal code. >> he had made powerful enemies. he exposed corruption in high circles and was a leading figure behind antigovernment rallies in 2011. just hours after he was led out of the courtroom in handcuffs, there were

similar picture on the euro stoxx 50. in new york, trading is still under way. the dow jones pretty much flat. the euro trading at $1.3141 at this hour. >> the eu has drawn up draft legislation which limits charges on consumers using credit and debit cards. the bill is due out next week, and financial institutions are lobbying against it. the likes of american express, visa, and mastercard could ace huge losses. >> the measure falls in line with demands from the commission's antitrust regulators who are trying to rein in the sector. >> if a log gets put through, european consumers and retailers could see lower costs as early as next year. here is more. >> whether it is in restaurants, supermarkets, or booking a flight, paying by credit card is easy and convenient. but that convenience comes at a cost -- at least for business owners. credit card issuers can charge hefty fees that are often hard to spot. now, the eu is planning to impose limits. currently, businesses pay between .7% and five percent of the purchase price. the fees are set by card issuers. american

it wants germany to pull out of the euro. should the race become tight, the afd could siphon off crucial votes from merkel's parties. >> in a moment, the investigation into the deadly plane crash in san francisco continues as officials reveal that one of the victims may have survived the crash and then was run over by -- run over and killed by an emergency vehicle. >> first, some of the other stories making headlines. in spain, nine people were killed when a bus. off a highway and plowed into a metal barrier. the crash occurred about 100 kilometers northwest of the capital of madrid. emergency services rescued several passengers trapped in the wreckage. >> a japanese government spokesman says the country is testing two nuclear reactors for safety with a view to restarting them. 48 of the country pop 50 nuclear -- country's 50 nuclear reactors were shut down after the tsunami. >> police say 40 people are missing and feared dead after a runaway train carrying crude oil derailed and exploded in the town of lac-megantic. police a

sales of his label balooned from 300,000 euro to 5 millino euro. the idea came to him in a flash and he knew what to do when inspiration struck. >> i was buzzing with ideas and they started running up and down through the house. before i knew it, it was 4 a.m. and i had 50 designs. >> opting for floral patterns in a throwback to 50s style pinup looks in her latest collection. >> let's return to our breaking news story from egypt where president mohamed morsi has been ousted in a military coup. >> the egyptian army has delivered a statement to the nation announcing they had removed morsi from power and suspended egypt's islamist backed constitution. the constitutional court will act as president until new elections are held. the national unity government will lead the country in the interim. >> this all follows the ultimatum that passed for mohamed morsi to meet the demand the protesters or face military intervention. military chiefs have been holding crisis talks with the opposition and religious leaders, including members of the coptic church and

billions of euros. a new report puts the figure on all promises being made ahead of september's elections. the report was compiled by the pro-business cologne institute for economic research and they are warning that politicians are writing checks for election gifts that the country cannot afford. >> a healthy economy is good for the well-being of the nation. that is the message of german business. that is why they are criticizing some campaign pledges as "poison for growth." they put up to 900,000 dogs at risk here yet >> from the point of view of the work or scum of politicians should consider what they consider important, and other words industry. exit raises concerns about a possible social democratic coalition with the greens and their plans to expand social welfare and raise taxes. angela merkel's conservative get off with a milder verdict, but there is cause for complaint here especially raising state pensions for mothers. only the free-market coalition partners, the free democrats, have the righ

the euro in 2014. we begin this broadcast in egypt where the country is one step closer to forming a transitional government. a spokesman for the interim president says he has named a prominent economist as interim prime minister with the opposition leader, mohamed elbaradei, as his deputy. >> earlier this tuesday, the muslim brotherhood rejected the election timetable put forward by the interim leadership. it includes a constitutional referendum followed by elections in a presidential ballot within six months, but divisions remain on the future of the country. >> after long wrangling, egypt's new prime minister has been named. hazem el beblawi is a former finance minister and a social democrat. he is a compromise candidate, acceptable to both the liberal and ultraconservative parties who supported the removal of president mohamed morsi. opponents of the ousted president are still massing on tahrir square, pinning their hopes on elections promised by the new interim president. "by the end of this year,

the judge ordered russia to pay 10,000 euros. the anti-kremlin critic, once russia's richest man is serving time for tax evasion in a penal colony. >> in china, a former top politician was charged with corruption, primary and abuse of power. he headed the communist party in the city of challenging fell from grace in a scandalous i'm accused of embezzlement and wiretapping. and his wife convicted of homicide in the death of a rich businessman. the trial could begin within weeks. the case is viewed as a sign of the chinese government's willingness to fight corruption in the country. placed mom and morsi and attention for two more weeks. prosecutors say he conspired with hamas. cairo saw massive rallies by reporters and opponents. as the situation escalated, there were deaths in some clashes and claims that the army and police shot at liberty at demonstrators. are fromjuries we see live ammunition. various injuries in the stomachs, backs and legs muslim legs. >> brotherhood claimed there was a massacre. the death toll is uncertain.

doing so could save them more than 5 billion euros.

with 51.2 million euros, can you is the largest investor in wanda. swiss companies invested for the 36 million euros in the country, slightly more than south africa. germany trails in ninth place with 14 million euros. rwanda wants to become africa's biggest i.t. location by the year 2020, but one thing is still missing -- a reliable power supply. in the past, rwanda had to import most of its energy from neighboring countries. only 11% of households are connected to the public power grid, which fails an average of 14 times per month. companies have to maintain diesel power generators in order to remain at least partially operating when the power goes out. this drives up costs for firms operating in wanda, and that is why the country is investing in large-scale infrastructure like the expansion of its power grid and the construction of geothermal power plants. these are the areas where german companies have a lot to offer. >> well, what do europeans do when the summer turns into a real swelter? besides complain about it. >> well, parisians just open u

euro stoxx 50 also looking solid. the euro stronger against the greenback at a value of $ one point -- $one point 0131. >> the chemicals industry is one of the biggest earners, but it is releasing disappointing numbers for the first half of 2013. >> nearly 500 thousand people work in germany's chemicals industry, and for the time being, that figure will not be rising. industry insiders acknowledge that the sector is stagnating with barely any growth at all so far this year. employers say it is down to weak demand on the domestic market. >> the german economy is just quite weak. in that area alone, we are down by one percent -- 1% if you want to see where the positive indicators are coming from, you have to look at exports. that's where the industry is doing pretty well. >> industry figures showed chemical firms exporting to europe did especially well. chemical firms are optimistic that signals the beginnings of a recovery. that's because the chemicals industry is regarded as an early indicator of economic health with

some gains on the euro stoxx 50, the -- though. across the atlantic, trading still underway in new york. the dow jones, currently .4% higher, and the euro currently above $1.33. >> there are more signs the euro zone economy could be on the road to recovery. figures released today show the first drop in unemployment and over two years, but the fall was very slight, and one eu official said the read of over 12% remains horrendous. >> figures were not helped by the block's biggest economy, germany, where the unemployment rate crept up slightly, but a 6.8%, it does remain well below the euro zone average. and growth figures are in from the u.s., where the economy expanded at an annual rate of 1.7% in the second quarter, up from 1.1% in previous months. the numbers beat analyst expectations. >> consumer spending accounted for two thirds of the economy. although growth there has been slowing down. growth was also on the rise. compared to 180,000 in the six months prior. one of the towering figures of post-german war industry has died. he

is back from his shopping trip and at the supermarket, a local couple spontaneously donated 30 euros to the refugees. >> when you meet people face-to- face, people often change their attitudes. that is one reason we organize the festival for next saturday. bringing people together is very important. these residents help the refugees where they can. they bring old furniture and clothing. he helps with the carrying. >> i cannot just bring this to the junkyard. i am happy to be able to do a good deed. we live in such luxury. a refugee child myself. when we came here, i can remember how we were housed, in empty rooms, with one covered. >> of the nation's store is filled to the brim, refugees can come here to take what they need when they moved to their own proper accommodation. many people have changed their minds and donate or held out where they can. really would say that the son of the discussions we have -- we have this huge stores of donations and the bicycle workshop. and a lot of people who don't need to be afraid. remove anyo remaining concerns, the other members of the groups ha

the sale is worth more than 900 million euros. one of the country's maine journalist unions said the plan did not bode well. >> the media group has already shown that it is not at all serious about quality journalism or about jobs for journalists. it fired one paper's entire editorial team of 120 people from one day to the next. >> the sale is intended to grow its digital media business. last year, over a third of the firm's sales came from digital media, a 22% increase on 2011. the online division now sells more than the mystic newspaper division, and profits continue to tumble for newspapers and magazines. the latest attempt to boost digital profits is at germany's top tabloid, by introducing a paint wall for exclusive reports. consumers will soon have to pay for content on their smart phones and tablets. profit margins are slim in the online media world. if they get their way, that is about to change. >> in europe, we are enjoying a sunshine-filled summer. air conditioners are working overtime for many people, that means leavin

euro stoxx 50 slightly up, 2741 it's close. in new york, the dow jones industrial average trading at 0.15% down. the euro down a bit against the dollar, $1.3275. >> incorporate electronic news, samsung has posted another record profit in the second quarter thanks to robust shipments of its flagship galaxy smartphone range. the south korean firm warns that delayed economic recovery in europe and fierce competition and the phones market could slow growth. margins are shrinking. handsets are becoming cheaper, and overall demand for high-end smartphones is set to flag. still to come here on the "journal," why no one in moscow wants to get on a bike and what the city is trying to do to change that. >> first, we are going to take a look at some other stories making news around the world. a court in russia has denied parole to a member of the punk band pussy riot. she was told she must serve her full two-year sentence handed down over a church protest against president putin. the 23-year-old said she would not repent and would continu

around 5000 fans filled up to cheer their soccer euros. the team spent the night celebrating their victory in sweden, but no one showed signs of tiredness in front of their followers. coach sylvia has complement to their players on the win. >> beginning with the finals, our team really pulled together. we grew closer and play with a lot of courage and passion. we had a great team spirit and held each other. >> in the hard-fought final, it was the substitute who had just been brought on who scored the match winner. the germans worked hard to defend their lead. the team's experienced player warded off two penalty kicks. >> somehow, i think we had a higher power on our side against norway because i do not think there has ever been a vital with a winner block to penalties. we are overjoyed. >> with an average age of just over 23 years, this young team could have a lot more to celebrate in the future. >> that is all we have time for. >> stay with us here. we will have some more news for you in about 33 minutes time. see you later. lex would ace

that'll cost about 600 euros. and because the state health insurance will not pay for it and i do not have the money, i was forced to take out a loan to pay the dentist. >> life in the portuguese town is not easy. she is unemployed. she has to count every penny. >> shopping is an adventure. i often have to catch it on my mobile to see if i have enough money. her husband is also having difficulty making ends meet. they're looking for gigs on the internet. after taxes, he only earns about 600 euros a month. >> i teach at the local conservatory. in the good times i have 20 to 30 -- a day. because of the crisis, i only have two to be oh now. >> the financial crisis has forced portugal to tighten its belt and the family has cut spending. but anna sophia says she cannot cut back anymore. they are tone because the couple cannot afford childcare. >> that is all i get. i wonder what that is supposed to cover. >> the family has moved into a smaller, 50 square meter apartment. the worst thing for her is not being able to fin

in german soccer, munich has agreed to buy a barcelona fielder 425 million euros. the 22-year-old will undergo a medical exam in munich in the next few days before signing a four-year contract. a spanish man has grabbed the moto gt championship after winning the german grand prix. they were sidelined by injuries but he did not miss a beat, securing his second win of the season. he finished second after pulling off this during passing maneuver. too much for the german who finished in fourth. toughest triathlon challenges in the world where 3000 athletes fought for first place in bavaria. he ruled the 180 kilometer bike race and crossed the finish line 12 minutes ahead of the competition. he came in third despite struggling with a flat tire. after a week's delay, the qualifying series for america's saw its first match race in san francisco bay. a dispute over design rules to read and to turn the regatta into a farce until injury stepped in to mediate. new zealand had a competitor to beat after sailing alone for days. the reason, the other teams had not when the race.

euro stoxx 50 down ever so slightly to 2722. in new york, the dow jones industrial average -- trading still going on there. 15,594, about point three percent up, and the euro is also up against the u.s. dollar, trading at $1.3227. spain's economy shrank again in the second quarter, but the early signs of recovery could soon be making an appearance. gdp fell by .1% between april and june. >> that was less than in the previous three months, due to strong exports. the spanish central bank says it expects a return to growth by the end of this year. spain has been in recession since 2011. >> seven people have been injured after an airplane's landing gear collapsed while landing in new york. >> it came to a halt in the grass at laguardia airport and six people were hurt and taken to hospital with minor injuries. the course of the landing gear -- because of the landing gear failure -- the cause of the landing gear failure is not yet known. >> spanish soccer giants barcelona have confirmed that geraldo martino has signed a p>> he was no

the hospital reduced its heating costs by 80,000 euros last year a loan. people here are proud to be energy independent, like this employee at the power plant. >> this is the energy that we buy. the rest we get from our wind turbines and solar panels. >> people in the streets also pride themselves on their green city. this woman received 400 euros to help her upgrade her bike with an electric motor. >> it only works if you do wait for the government to do it for you. you have to do it yourself. >> it pays to be a step ahead. the mayor is convinced that green energy is the way forward. now other cities are looking to them for inspiration for their own energy plans. >> well, still ahead, we will be taking a closer look at greece's reform efforts. >> first, here's a look at some other stories making the headlines. the united nations says about 2500 people are trapped inside the town of homes in syria where government forces are intensifying their offensive -- the town of homs in serious. >> at least seven people were killed in afghanistan after taliban suicid

the euro against the dollar, 130 1.83, up slightly. >> the news everyone is waiting for. the duchess of cambridge has now been in the hospital over 12 hours. they say her labor is progressing normally. >> the wife second in line was admitted to the hospital. outside the press and royal fans are anticipating the baby. >> an entire nation and much of the world waiting not so patiently for the arrival of the air -- heir apparent. thousands are waiting in hopes of gettingition. on re as to whether to be a boy or a girl. bookmakers are having a field day.p>> we are taking 30,000 pos this morning alone. that is incredible. must the guys are betting on the name. alexander is the current favorite. >> over the past nine months, prince william and his wife has diebold's little about the pregnancy. they have a busy schedule but the due date was a secret. >> williams father has also remained tightlipped about his grandchild-to-be. 31 years ago, charles first wife gave birth to william at st. mary's. now, it is william's turn to hand out the cigars. the royal stork is about to deliver

experts have put the value of the torch paintings at more than 100 million euros. but the loss of unique artworks such as these far exceeds their monetary value. >> terrible story. onto sports now. and portugal -- portuguese writer has claimed his second victory in the tour de france. >> written's writer keeps the overall leader's jersey, over five minute ahead of spain with only two stages left ago. >> the icy waters of hudson bay in canada, two artists have been connecting with nature in an extraordinary way. their creative partners are none other than the waves. >> they have decided to put on a series of concerts specifically for their underwater friends. >> imagine rolling out to sea and being welcomed either lugo whales -- beluga whales. you sing with joy, and the whales respond. you sing together. humans and marine animals connected, united by music. these performance artists have fulfilled the stream. >> amplified through the sound system. these beluga whales are so beautiful. >> in canada's hudson bay, they have made contact with them. >> a are very gregari

i would have had to pay the equivalent of several hundred euros. to get out of it, i had to pay them a bribe. >> we do not have the same moral values as these people. for example, this governor who is linked to a mafia organization. >> but they and other protesters to have some support in high places, even from the president. >> bulgaria's democracy is more a democratic faÇade, and less what we all wish for, which is a real european democracy. i believe that both gary and civil society is leading the way, reaching out to politicians and giving them a chance to change and to create a real democracy. >> it is evening again, and they are protesting once more, this time in front of the german embassy. it is an sos call to western europe. these people hope that there will be support for change and for democracy. >>) a change of pace now. let's get to some sports. it is that time of year. the second division of the german bundesliga is getting underway. >> second-tier clubs might not have the glamour or money, but they still draw plenty of fans. >> this

in new york the dow jones up more than 1% and the euro is being traded at a bit more than $1.30. >> thank you very much. lithuania has taken over the presidency of the european union. >> the first time a former member of the soviet union has run the affair. a new era is beginning for croatia as people wake up for the first times as citizens of the e.u. but it was temper bide fears about the debt crisis and its own economic problems. >> customs control are a thing of the past now. the two former states are partners again. this time inside the european union. there were cheers as crowds fwathered for the countdown at midnight. 10 years after croatia applied for a e.u. membership they are now part of the club. a new opportunity to achieve cultural and democratic progress. i am raising this class for the europe of the future. a europe of peace and prosperity. but sfite the celebrations and the smiles for many in croatia it has diminished the aura of the new club and they have no shortage of problems. unemployment is at 20% and half of young people are without a job. the civil service needs mo

euro stoxx's almost an event, losing almost two percent. -- euro stoxx also in the red, losing almost 2%. the europe pn union and china -- the european union and china may be reaching a resolution to the conflict. >> europe's solar industry has been grappling with fierce competition from asia. hamburg company announced friday that it is filing for bankruptcy. >> this german solar company has become the latest casualty in a global solar price war. they blame delayed payments from a large project. but like many solar companies in germany, they could not compete with cheap imports from asia. after it filed for insolvency last year, the german solar panel maker q-cells was acquired by a korean conglomerate. other companies have suspended their solar divisions, and germay's largest roller company relies on its largest creditor to stay afloat. the european union accuses china of selling solar panels in europe the low costs. brussels introduced duties on chinese imports last month. those fees will help level the playing field for struggling german companies. but for many businesses, the move

the cheapest tickets will cost $69 euros. it says it is setting aside cheaper tickets for brazilians. and seniors and those on limited funds. >> the side kicked off a new season. taking on hamburg. >> the coach was visibly relieved. munich coach had to be wondering how his club let the match slip away. hamburg started out strong. close in the 18th minute. but shortly before the break 1860s christopher almost converted a corner kick and the fans were dismayed as munich slowly took the upper hand. after a hard-fought third half both sides seemed to get sloply. hardly football at its best. but all in all munich dominated until the 80th minute when hamburg slipped one passed the goal keeper. it shows he was clearly caught napping. they celebrated their first win of the season with luck-trurming ability this time around. >> the head coach of spanish champions barcelona is stepping down for health reasons. he led the club to its fourth crown in five years. but he missed several months of last season to have chemotherapy in new york

what was always an expensive endeavor now requires even more money. 10 million euros on average for one of the catamarans. many countries have dropped out. only new zealand, italy, and sweden are still competing against the americans. germany remains on the sidelines. >> it is a catastrophe that there are so few participants. it's because of the format and a new class of boat that has been introduced. >> the new class has not been tested under racing conditions, and it seems difficult to control. these kinds of spills were considered to be just part of racing until may when the swedish boat artemis broke apart during training, trapping british olympian andrew simpson underwater. the 36-year-old never had a chance. his death was a shock for the america's cup. the sailing world is now hoping for a change this year in san francisco. >> the best case would be for a team like new zealand to win the america's cup. it would allow a return to the classic values. new zealanders are a bit more conservative in that regard. >> that would mean less show and fewer spills and a more balanced racing fi

they have set aside 630 million euros for the cost. profits from investment banking rose almost 60%. profits from private and corporate banking was 500 million. restructuring will create expenses. and where assets have been expanding the losses. the latest figures show they have 33 times more money than in equity. >> investors did not think much of the new report. >> investors were caught on the wrong foot totally. people here had hoped for a better profit picture. when is a series of expensive legal conflict actually over? there is a better mood for the german consumer, the index climbed. there is a stable economy, a stable labor market. and interest rates are low and adds to the decisions to buy more expensive product. they also helped the overall equity market in germany today. >> the dax closed very slightly higher. the dow is still trading, almost exactly flat. >> a funeral mass has been hailed for -- held for victims of the bus crash. >> most of the dead were locals. they attended the service and because of the accident is still

the euro stoxx 50 giving up ground into the weekend, in new york right now, the dow is down by a quarter of one percent. the euro is weaker against the greenback. >> there is less than a month to go before the new german bundesliga season begins and the 18 top-flight soccer clubs have already started their training. 13 of them are doing it in austria. >> other teams are preparing their as well. we look at what makes the alpine republic so appealing. >> it is a view to die for but the clubs are not here to take in the scenery. they are here to get into shape for the season. among them, this new coach. he says the decision to come for training was easy. >> take a look around. we have good weather, a wonderful hotel, and a team that is giving 100%. it does not get any better. >> the training facilities are next to the hotel, offering maximum convenience. >> there are strong reasons to come here from a sports medicine point of view. the environment is fantastic. the air is clean. the hotels are perfect for regenerating. players can deal with the tough demands placed on them. it is the whole

. -- multi-billion euro cost- cutting drive. ceo took over in 2007 to rebuild the company after its reputation was tarnished by a bribery scandal. he is now accused of being too slow to react to the global financial crisis. the siemens supervisory board is to meet at the weekend to discuss the company's future. his job may be on the line. >> we will preview saturday's big football match, the chairman -- german super cup. a forest fire has forced more than 20 families to flee their homes in the west of the island. a man has reportedly been charged with causing the fire. he had been burning stubble in his field. in italy have arrested more than 100 people in anti- mafia raids. 65 suspects were detained in collaborator. they include politicians, businessmen, lawyers, and doctors and all believed to be part of a multimillion euro insurance scam. over 50 people were taken into custody in rome. cuba has commemorated the 60th anniversary of its communist revolution which toppled the u.s. supported batista government. promised raul cast

many people survive on the equivalent of one or two euros per day. the running of, the bulls has left 23 injured. today, people were trampled as they tried to flee the bulls. of thelatest running bulls ended in chaos. people were trapped in the bullw entrance to the ring. wo dozen people were injured. >> one person is in critical condition, suffering from chest trauma, and is under mechanical ventilation which is required. >> of the running of the polls as a longstanding tradition, part of the festival that has attracted criticism because of the high number of casualties and the way that the bulls are treated. theycling and -- has won 14th stage of the tour de france, the first win for an italian. it went back into the hills, a 191 kilometer track. his firstrentin win as a professional. julian semoir attacked, and would have been the first frenchman to win on this year's tour. with two kilometers left, trentin's team passed him. in the overall standings, chris prim mantains a lead. -- to the testt during the mountain stage. >> i am expecting a big ga

trading currently, putting on gains for the euro agains the u.s. dollar. more gloom for job-seekers in the eurozone. >> the situation is especially bleak where greece and spain are expected to see jobless rates exceed 28%. germany remains an exception. unemployment here could fall by 5% by the end of the year. more figures for the european car industry. vehicles a drop to the lowest level in 17 years. >> britain was one of the countries that bucked the trend. some carmakers have been able to upset with stronger sales in china and the u.s. >> we will take a short break and when we come back, mexican authorities have scored a major coup against the drug cartels. >> see the sales surge during the muslim holy month. >> welcome back. mexican authorities have scored a coup in the ongoing war against drug cartels. morales was captured on monday morning as security forces intercepted a pickup truck loaded with weapons and $2 million in cash. >> of the drug cartel has earned the reputation of being the most brutal and terrifying in the country. >> mexico city in th

many people survive on the equivalent of just one or two euros a day. >> a baby boy is dead and eight other people are missing after a boat carrying asylum seekers sank near christmas island. a customs ship rescued 88 people. the refugees are believed to be from iran, sri lanka, and afghanistan. immigration officers took the prisoners -- the asylum-seekers. people were trampled at the running of the bulls in .amplona spain this morning 23 people are being treated in hospitals. two are in serious condition. this comes just days after an american and two spaniards were gored by the bulls. pakistanan and in tried to kill her because she dared to speak out in favor of education for girls. to thevived a bullet head, and now she is turning 16. on friday, she was invited to celebrate her birthday and deliver a speech at united nations headquarters in new york . she calls for a global struggle against illiteracy, poverty, and terrorism. >> sorry about that. the report was in german. we will have more about that story at the top of the hour. for now, a reward for german fans of the sport as we