:00:00. > :00:00.gathered by America's National Security Agency, according to an
:00:00. > :00:22.investigation by the Guardian and Channel 4 News.
:00:23. > :00:41.Can Greece bear more austerity? Who will lead the charge in the world of
:00:42. > :00:48.electric cars? Also in the programme, markets are
:00:49. > :01:00.digestive in the latest words from the third of reserve. Does Greece
:01:01. > :01:13.need more austerity? And does it have a choice? It has chicken and
:01:14. > :01:38.the harshest austerity seen in modern times. Unemployment is at a
:01:39. > :02:07.record of over 27%. Tens of thousands of people marked the
:02:08. > :02:11.anniversary of the student uprising. Greece Needs to make more cuts if it
:02:12. > :02:26.is to get the next instalments. It is a difficult position to be in,
:02:27. > :02:35.isn't it? Clearly it is so hard for people in Greece, can they take any
:02:36. > :02:52.more? The government says they can't. They say that Greece faces a
:02:53. > :02:59.fiscal gap of around 2.5 billion next year. The Greek government
:03:00. > :03:15.though says that that gap is smaller. The troika is simply not
:03:16. > :03:23.convinced. Tax evasion has been so rampant that so many years here. The
:03:24. > :03:31.troika has left Athens, Greece will present its budget today. The
:03:32. > :03:42.negotiations will continue into December and possibly January two.
:03:43. > :03:48.Has anything been leaked in advance? There are some positive elements.
:03:49. > :03:56.They foresee that Greece will come out of recession next year. A very
:03:57. > :04:03.slight growth of .6%. There will be a primary budget surplus. It will
:04:04. > :04:11.only be in deficit to service its national debt. Apart from that, it
:04:12. > :04:15.is not really a positive picture. You mentioned six years of
:04:16. > :04:22.recession, three or four years of austerity, unemployment at almost
:04:23. > :04:34.28% and amongst young people at over 60%. That is why Greece is in such a
:04:35. > :04:44.dire situation. That optimism has not really rubbed off on the
:04:45. > :04:53.majority of Greek people. The US Federal reserve is saying
:04:54. > :04:59.stimulus... Let's go live to our team in Singapore for the market
:05:00. > :05:02.reactions. Whenever the Fed minutes are released, there is movement in
:05:03. > :05:10.Asia. What is happening at the moment? It has been an interesting
:05:11. > :05:17.day. Most of the local markets have taken umbrage at what was said. They
:05:18. > :05:22.are all down with investors worrying about the prospect that one day they
:05:23. > :05:26.will wake up and there will be no stimulus or at least a lot less than
:05:27. > :05:39.what there is now. It has actually hit a six`month high. That has been
:05:40. > :05:49.attributed in part to the weaker yen. Remembering that just yesterday
:05:50. > :05:56.we saw Japanese exports record their biggest rise in three years. What
:05:57. > :06:07.did the minutes tell us? We'll want to know when that move will be
:06:08. > :06:14.made. Given how all markets swing, Federal reserve officials feel they
:06:15. > :06:25.can start scaling back the stimulus programme in a couple of months. To
:06:26. > :06:36.be precise, they say that the data would warrant the trimming. It does
:06:37. > :06:38.seem we are getting closer to that point when the tapering will
:06:39. > :07:13.actually start and we can all stop guessing. It is press day at the
:07:14. > :07:15.Tokyo Motor Show, and there is plenty here for the world's motoring
:07:16. > :07:22.journalists to drool over. Motor shows are all about glitz, glamour
:07:23. > :07:27.and the girls. But Tokyo is really about technology. Nowhere more so
:07:28. > :07:36.than at the world's biggest car company, Toyota. This may not look
:07:37. > :07:41.like it, but it is probably the most single significant car at the Tokyo
:07:42. > :07:56.Motor Show. This is Toyota's fuel cell electric vehicle. It looks
:07:57. > :08:01.simple, but inside the fuel cell, the structure is very complicated.
:08:02. > :08:04.He explains to me why, unlike other electric vehicles, this car will not
:08:05. > :08:13.suffer from what has become known as range anxiety. The driving range is
:08:14. > :08:16.500 kilometres. Under usual usage. That is almost more than double in
:08:17. > :08:38.other electric vehicles. It takes only three minutes to fill up.
:08:39. > :08:42.On the other side of the exhibition is Toyota's great Japanese rival,
:08:43. > :08:45.Nissan. The first Japanese company to produce zero emissions vehicles
:08:46. > :08:48.was not Toyota, it was Nissan, with the Leaf. They have sold 65,000 of
:08:49. > :08:56.these but there have been problems. Nissan's electric cars run on
:08:57. > :09:03.batteries. That means they can only manage about 150 kilometres on one
:09:04. > :09:06.charge. It has been slow. Squeezing into the back of their latest
:09:07. > :09:10.electric concept, Nissan's boss tells me why that will soon be not
:09:11. > :09:13.be a problem. We are at 20 minutes with a quick charge for electric.
:09:14. > :09:16.This is moving all the time. We propose 15 minutes, ten minutes. We
:09:17. > :09:30.are coming to a very reasonable time. When the infrastructure is
:09:31. > :09:35.ready, you will see a big takeoff of electric car sales. Whether they are
:09:36. > :09:38.powered by a battery or by fuel cell, electric cars certainly appear
:09:39. > :09:45.to be the future. Japan's big automakers are preparing to run
:09:46. > :09:54.circles around the competition. It is a very important day for Janet
:09:55. > :09:57.Yellen. She is expected to approve her nomination, or at least
:09:58. > :10:05.President Obama's nomination, because she is his choice. If she
:10:06. > :10:18.has approved then it will go to the wider Senate. Let us show you those
:10:19. > :10:26.market boards. It is very much about the Fed and what they believe in
:10:27. > :10:41.terms of the US economy. The Newgate is bucking the trend. `` Nikkei. I
:10:42. > :10:53.will see you soon for a look through the papers.
:10:54. > :11:03.The government says it is going to work to increase prosecution rates.
:11:04. > :11:07.A sniffer dog checksum of the million and a half tonnes of freight
:11:08. > :11:20.which arrive at Heathrow Airport each year. `` checks some. Although
:11:21. > :11:24.staff were good at discovering smuggled goods, they were less
:11:25. > :11:25.effective at dealing with