:00:10. > :00:15.An emergency session of Egypt's parliament in the aftermath of the
:00:16. > :00:18.football match clashes in which more than 70 people died.
:00:18. > :00:24.Pakistan's Prime Minister Yousaf Raza Gilani will go to court over
:00:24. > :00:28.his failure to reopen a corruption case against the president. A
:00:28. > :00:35.rescue operation is underway after a ferry sinks off Papua New Guinea.
:00:35. > :00:38.More than 100 people are missing. Welcome to BBC World News. Also in
:00:38. > :00:44.this programme: India's Supreme Court cancels telecom licences,
:00:44. > :00:48.amid an ongoing corruption scandal. And high prices for petrol. That's
:00:48. > :00:58.bad news for many of us, but we'll be looking at how it is making
:00:58. > :01:09.
:01:09. > :01:12.More than 70 people dead, another thousand or so injured, that's the
:01:12. > :01:16.toll after clashes broke out between rival football fans in
:01:16. > :01:22.Egypt. The violence in Port Said occurred as local fans poured onto
:01:22. > :01:26.the pitch after their team beat the Cairo side, Al-ahly. The security
:01:26. > :01:36.forces have been heavily criticised for failing to step in. A three day
:01:36. > :01:36.
:01:36. > :01:42.period of mourning has been declared throughout the country. An
:01:42. > :01:47.emergency session of Parliament is under way. There have been repeated
:01:47. > :01:55.remarks about the inability of the security services to manage the
:01:55. > :02:04.situation. Also a request for this not to be publicised but that was
:02:04. > :02:10.overturned by Parliament. Supporters of the football club at
:02:10. > :02:16.Ali -- Al Ali gathered during the night. They received some of the
:02:16. > :02:21.bodies from the stadium. They angrily Barrett revenge for the
:02:21. > :02:28.deaths. At an airbase, Field Marshal tan Tarry created some of
:02:28. > :02:32.the players. He pledged to track down whoever was responsible.
:02:32. > :02:41.the results of this investigation, each one will take his punishment.
:02:41. > :02:49.We were no wife and who caused this tragedy. -- why. The deadly
:02:49. > :02:57.violence broke carrot after the game. -- broke out. Supporters of
:02:57. > :03:03.the Portslade team went on to the pitch. Some fans died after they
:03:03. > :03:07.were stacked all clapped was that many were killed in a desperate
:03:07. > :03:13.rush to leave the stadium. Many of the injured were taken to hospital
:03:13. > :03:18.in private cars. Live television pictures showed the police in the
:03:19. > :03:24.stadium hesitating, unsure what to do. Questions are being asked about
:03:24. > :03:30.whether it was incompetence or worse. The Muslim Brotherhood,
:03:30. > :03:38.Egypt's largest political force, have voiced what many Egyptians
:03:38. > :03:45.believe - accusing remnants of the Mubarak regime to provoke chaos.
:03:45. > :03:54.Our revolution is facing danger, serious danger. You are being voted
:03:54. > :03:58.in so that you can protect the revolution. The fans played a heavy
:03:58. > :04:05.political role in the last it in confronting the police and security
:04:05. > :04:09.forces. Violence between football supporters is common in Egypt. The
:04:09. > :04:19.police up under-strength, after being chased off the streets in the
:04:19. > :04:21.revolution. Egypt is becoming a country that is very hard to govern.
:04:21. > :04:24.Pakistan's Supreme Court says it will charge the Prime Minister,
:04:24. > :04:26.Yousuf Raza Gilani with contempt for failing to reopen an old
:04:26. > :04:29.corruption case against the President Asif Ali Zardari. The
:04:29. > :04:34.Government has insisted that President Zardari has immunity from
:04:34. > :04:41.prosecution while he is head of state. The BBC's Islamabad
:04:41. > :04:45.correspondent Orla Guerin has more details on the case. It looks like
:04:45. > :04:50.the Prime Minister will be in the DUP very soon. He did make the
:04:50. > :04:55.previous appearance in January. At that time he relied heavily on the
:04:55. > :05:00.argument that as head of state he enjoyed immunity. I'm sure he will
:05:00. > :05:06.try to rely on that argument again in explaining to the court why he
:05:06. > :05:11.did not follow orders. More than two years ago did the Supreme Court
:05:11. > :05:16.tell the Government to take action. Particularly with the case against
:05:16. > :05:22.the President. That goes back more than a decade. These charges work
:05:22. > :05:26.in Switzerland. He and his wife were convicted back in 2003, of
:05:26. > :05:31.laundering millions of dollars in kickbacks from Swiss companies.
:05:31. > :05:35.They appealed and it was set aside on appeal. The case was grinding
:05:36. > :05:42.through the Swiss legal mechanism but Pakistani authorities
:05:42. > :05:47.instructed Swiss authorities to drop the case. It authorities here
:05:47. > :05:53.said they wanted the case opened. There was an amnesty which will add
:05:53. > :05:59.that case and thousands of others to be shelved. The Prime Minister
:05:59. > :06:04.will have to explain why he did not follow that order. This crisis has
:06:04. > :06:14.been brewing over the past few months. It could see the Prime
:06:14. > :06:14.
:06:14. > :06:18.Minister out of office and the Government brought down. A ferry
:06:18. > :06:21.carrying as many as 350 people has sunk off the eastern coast of Papua
:06:21. > :06:24.New Guinea. More than 200 survivors have so far been rescued from the
:06:24. > :06:27.sea. The operator of the ferry, Star Ships, says it lost contact
:06:27. > :06:35.with the Rabaul Queen, seen here on a previous trip, after it sent a
:06:36. > :06:42.distress signal between Lae and Kimbe West. Duncan Kennedy is
:06:42. > :06:47.watching events from Sydney. No one seems to know how many people were
:06:47. > :06:53.on the ship. Even at a figure of 300, it means that more than 80
:06:53. > :06:56.people are missing, with darkness in the area. I spoke to the Mergers
:06:56. > :07:04.the authorities asking them if the rescue operation would continue
:07:04. > :07:11.into the darkness. -- emergency authorities. There has been at
:07:11. > :07:16.least one aircraft with two more on the way. People I spoke to did not
:07:16. > :07:21.know if they would operate at night was dug a major rescue operation,
:07:21. > :07:25.encouraging news with more than 200 rescued. A lot of people
:07:26. > :07:33.unaccounted for as a result of the sinking ferry. It is difficult to
:07:33. > :07:37.know how this has happened. From the Prime Minister downwards, the
:07:37. > :07:41.Prime Minister of Papua New Guinea said the cause of this was unknown.
:07:41. > :07:47.Earlier ice-pick to a different emergency rescue worker who said it
:07:47. > :07:52.could have been one of three causes - a bad weather, and overloaded
:07:52. > :07:57.ferry or human error - or a combination of those. The weather
:07:57. > :08:01.at the time was said to be bad but now it is much better. That is why
:08:01. > :08:07.they have rescued so many people. They could not say why this might
:08:07. > :08:14.have happened. Ferries in those areas are known to be overcrowded.
:08:14. > :08:19.Whether it played a part in this particular accident, we do not know.
:08:19. > :08:25.In London, Harry Redknapp has just arrived at court. He is continuing
:08:25. > :08:34.to give evidence in his tax evasion trial. He is facing two cans of
:08:34. > :08:40.cheating the public purse while he was manager of the football club.
:08:40. > :08:46.What has Harry Redknapp had to deal with this morning? This is a two of
:08:46. > :08:50.the session he is having giving evidence in the witness box. He is
:08:50. > :08:54.now being cross-examined by the prosecutors, who allege that he
:08:54. > :09:00.cheated the taxman out of money that he should have paid on a bonus
:09:00. > :09:04.he was given, after the sale of Peter Crouch from sport -- from
:09:04. > :09:09.Portsmouth, which made a considerable amount of profit for
:09:09. > :09:14.the club and the chairman of the club. Mr Redknapp was asked about
:09:14. > :09:18.that at the time for us of he said he saw the potential in Peter
:09:18. > :09:21.Crouch but the chairman did not. There was disagreement between a
:09:21. > :09:28.pair of them about the contract that Harry Redknapp had signed,
:09:28. > :09:33.whether he should get a bonus of 5% or 10%. He told the prosecutor that,
:09:33. > :09:38.in his understanding, or this bonus money was paid into a bank account
:09:38. > :09:48.in Monaco. It had or would he have tax paid on air because it came
:09:48. > :09:54.from the United States. -- it had already had tax paid on it. He said
:09:54. > :10:00.there was another dispute over Eartha it -- a further amount of
:10:00. > :10:05.money which he said he was owed. He said he did not chase the money and
:10:05. > :10:11.asked for it to be given to the kids community football project.
:10:11. > :10:21.That illustrates, he says, then he is not obsessed or greedy about
:10:21. > :10:27.
:10:27. > :10:30.money. They both denied pecans they face. -- the counts. In India, the
:10:30. > :10:32.Supreme Court has quashed 122 licences issued to telecoms
:10:32. > :10:35.companies across the country back in 2008. The contracts to operate
:10:35. > :10:38.second generation mobile phones were at the centre of one of the
:10:38. > :10:41.country's biggest corruption scandals. The development affects
:10:41. > :10:50.about 5% of mobile phone users but the regulator says the affected
:10:50. > :10:58.subscribers can be transferred to other mobile operators. Nidhi Dutt
:10:58. > :11:02.in Mumbai says the move leaves the industry in a confused state.
:11:02. > :11:07.are looking at the complicated web, certainly when it comes to second-
:11:07. > :11:12.generation mobile phones. We will be asking what happens to these
:11:12. > :11:17.companies. Will the licences be reallocated all we optioned? In
:11:17. > :11:22.terms of the infrastructure, will it be sold off or transferred to
:11:22. > :11:26.other companies? A lot of questions have come out of it. They are
:11:26. > :11:31.trying to keep customers confident that services will continue. That
:11:31. > :11:37.is the bottom line at the moment. With corruption having such a huge
:11:37. > :11:42.priority at the moment, what does this do for foreign investors
:11:42. > :11:49.confidence in India? There are two ways of looking at this. The
:11:49. > :11:53.Government is suggesting that the Supreme Court ruling really does
:11:53. > :11:57.give foreign investors more confidence. It shows that India is
:11:57. > :12:02.dealing with corruption in one of the biggest scandals. There may be
:12:02. > :12:05.company still thinking it is not all sorted at we need more
:12:05. > :12:15.assurances - some of the bigger names, some of the bigger ministers
:12:15. > :12:16.
:12:16. > :12:19.- to be held to account for this. The keenly awaited details of
:12:19. > :12:22.Facebook's plans to go public. The world's biggest social network firm
:12:22. > :12:25.is looking to raise about $5 billion. The prospectus gives us an
:12:25. > :12:33.insight into the workings of the company with details that have been
:12:33. > :12:36.kept secret until now. It is finally here. Investors around the
:12:36. > :12:42.world will soon be able to buy shares in Facebook, which will
:12:42. > :12:47.probably start trading in the United States as soon as May. It is
:12:47. > :12:54.planning to raise $5 billion from investors. It would put company --
:12:54. > :12:58.the company on a par with giants like McDonald's and Amazon. With
:12:58. > :13:04.this state as well come additional scrutiny from regulators and also
:13:04. > :13:08.scrutiny over how Facebook used his private information for which it
:13:08. > :13:14.has often been criticised. It does not seem to have put of users so
:13:14. > :13:20.far. In paperwork they filed, it showed that 800 million users
:13:20. > :13:24.around the world a logging in every month. On average they are spending
:13:24. > :13:29.about seven hours locked into Facebook, talking to friends and
:13:29. > :13:33.posting photos. The big question going forward will be whether
:13:33. > :13:37.Facebook can retain that cachet, that pull, with all those millions
:13:38. > :13:47.of users when they are under pressure from shareholders to be
:13:47. > :13:50.profitable. -- A huge merger is brewing in the commodities industry.
:13:50. > :13:54.Glencore and Xstrata have confirmed that they are in talks to combine,
:13:54. > :13:56.creating a firm worth more than $80 billion. A deal could be announced
:13:56. > :14:00.as soon as Tuesday when Xstrata announces results although the
:14:00. > :14:03.companies warned that is not a certainty. Xtrata shares are up 12%.
:14:03. > :14:06.The electronics giant, Sony, has reported worse than expected losses.
:14:06. > :14:12.The company said production was affected by the floods in Thailand
:14:12. > :14:15.and said that it was hit by the strong yen as well. Sony was a
:14:15. > :14:25.leading force in the electronics industry in the 1980s and 90s but
:14:25. > :14:27.
:14:27. > :14:35.analysts say it's been overtaken by A mixed day on the markets. There
:14:35. > :14:39.but Ajit Singh-Mahal is down a touch. -- at the FT-SE is down a
:14:39. > :14:49.touch. We are seeing the euro coming off against the dollar a bit
:14:49. > :15:06.
:15:07. > :15:12.China is considering greater involvement in the EU bail-out fund.
:15:12. > :15:20.The President had a joint press conference with Angela Merkel.
:15:20. > :15:28.Earlier, Angela Merkel persuaded Chinese leaders to persuade Iran to
:15:28. > :15:33.give a pics Euros -- nuclear programme. Just how important to
:15:33. > :15:38.the German economy is Chinese trade? Our correspondent has been
:15:38. > :15:42.finding out. Germany needs China. The Chinese
:15:42. > :15:48.new rich by German cars. Its businesses by machinery for
:15:48. > :15:54.factories. This big air cargo firm shows how Chinese trade affects
:15:54. > :15:58.German profits. When China produces, this place buzzers. China is the
:15:58. > :16:05.customer which kept the German economy ticking a long while other
:16:05. > :16:10.European economies are strong bull -- stumble. You see volumes
:16:10. > :16:15.increasing close to Chinese new year. With their holiday season,
:16:15. > :16:20.when the factories are not running, you see a decline in volumes all of
:16:20. > :16:24.the world. That is what we will see this year as well. Raw-material are
:16:24. > :16:29.what Germany really craves. Metal prices are going through the roof.
:16:29. > :16:34.Germany, like every industrial company, badly needs what is called
:16:34. > :16:42.rare earth, those rare, essential elements which go into electronics.
:16:42. > :16:46.There is a high need for that metal and China is the owner of 90 % of
:16:46. > :16:52.that for what is produced all over the world. The Chinese embassy here
:16:52. > :16:55.in Berlin, is one of the biggest buildings in the city. It exudes
:16:55. > :16:59.importance. But it is an uneasy relationship. Some German
:16:59. > :17:04.businesses think all they are doing is tooling up Chinese factories all
:17:04. > :17:10.the better for Chinese industry, to come back and compete at very low
:17:10. > :17:17.cost, in German markets. In China, there are signs of German companies
:17:17. > :17:20.everywhere. China wants more. Chancellor Merkel has arrived in
:17:20. > :17:27.Beijing with a political shopping list as well. She wants China to
:17:27. > :17:37.reduce its imports of Iranian oil. Her bargaining ship is German
:17:37. > :17:41.
:17:41. > :17:45.You are watching BBC World News. These are the headlines: A right at
:17:45. > :17:49.a football match in Egypt has killed 74 people at least and left
:17:49. > :17:53.hundreds more injured. A three-day period of national mourning has
:17:53. > :17:57.been declared. Pakistan's Prime Minister, Yousaf
:17:57. > :18:03.Raza Gilani, will face charges over his failure to reopen a corruption
:18:03. > :18:05.case against the President. This coming Saturday, tens of
:18:05. > :18:10.thousands of Muscovites are expected to march through the
:18:10. > :18:14.Russian capital to demand honest elections and to keep the pressure
:18:14. > :18:18.up on Vladimir Putin, just a month ahead of the presidential election.
:18:18. > :18:24.Further afield, beyond Moscow, there are fewer signs of public
:18:24. > :18:27.protest, much more support for Mr Putin. Our correspondent Steve
:18:27. > :18:35.Rosenberg has been to the heartland of Russia to find out what people
:18:35. > :18:41.are thinking there. In this town, every day looks like
:18:41. > :18:45.Armageddon. This is a town which never stops burning. Churning out
:18:46. > :18:52.iron and steel around the clock. The snow here is black from
:18:52. > :18:58.pollution. But people's lives depend on the factories and its --
:18:58. > :19:03.it is instability which they fear most. This man has worked at the
:19:03. > :19:08.local mythological plant for 50 years. He set up a workers'
:19:08. > :19:13.committee to back Vladimir Putin for President. The protests in
:19:13. > :19:17.Moscow, don't reflect the mood of Russia, Yevgeny says. Working
:19:17. > :19:20.people do not want revolution, we want stability. That is why we
:19:20. > :19:26.support Putin. At the tank factory up the road,
:19:26. > :19:30.they pledged their loyalty to Mr Putin live on TV. This worker
:19:30. > :19:36.offered to come to Moscow with his mates to take on the anti-
:19:36. > :19:42.government protesters. Yevgeny and the metal workers are not marching
:19:42. > :19:47.on Moscow. But today, they are taking the train to the regional
:19:47. > :19:52.capital, Ekaterinburg. There, they joined the thousands of other
:19:52. > :19:57.workers from across the Wall mountains, at a pro Putin rally.
:19:57. > :20:02.There are no white ribbons, the trademark of Putin's critics. The
:20:02. > :20:06.symbol here is the worker's glove. This rally is a direct response to
:20:06. > :20:10.the young and middle-class Russians in Moscow who have been protesting
:20:10. > :20:15.against the government. It is an attempt to show them away from the
:20:16. > :20:21.capital, Russia's working class still has faith in Vladimir Putin.
:20:21. > :20:25.But the crowd here was smaller than organisers had promised. And some
:20:25. > :20:32.of what we saw seemed stage-managed. This photographer was trying to get
:20:32. > :20:37.as many people as possible to pose with the same vote for Putin sign.
:20:37. > :20:40.One worker I spoke to, who asked to remain anonymous, said his work
:20:40. > :20:45.mates only travelled to the rally because they were offered extra
:20:45. > :20:51.days off work and free train tickets. So just how popular really
:20:51. > :20:55.is Vladimir Putin in Russia's industrial heartland? He will win
:20:56. > :21:03.votes here but more perhaps out of a fear of change than any real
:21:03. > :21:07.belief that a President Putin can make life better.
:21:08. > :21:15.Some news coming into us from Egypt, as we know, the Egyptian parliament
:21:15. > :21:19.is in session. It is an emergency session to discuss the deaths of at
:21:19. > :21:26.least 70 football fans in. Said last night. Up to 1,000 were
:21:26. > :21:32.injured as well. The Prime Minister has announced that the Governor of
:21:32. > :21:37.Port Said has been removed from his post. The security chief has also
:21:37. > :21:43.been removed from his post, as has the Egyptian Football Association
:21:43. > :21:50.head. Those are the announcements, the decision made by the Prime
:21:50. > :21:52.Minister in Parliament during the course of this particular session,
:21:52. > :21:58.with the security services in particular being condemned pretty
:21:58. > :22:01.much roundly for their inadequate response for the aggression and
:22:01. > :22:05.violence which broke out in Port Said.
:22:05. > :22:09.The man known as the godfather of Dutch crime has vowed to stay in
:22:09. > :22:13.Amsterdam after he was freed from prison in the Netherlands. Willem
:22:13. > :22:20.Holleeder's biggest crime has recently been turned into a film.
:22:20. > :22:26.There is even a Hollywood version in the making.
:22:26. > :22:30.A fictional adaptation of a real- life crime. Now the man who
:22:30. > :22:34.unwittingly inspired this movie has been released, Willem Holleeder is
:22:34. > :22:38.recognised as one of the most powerful and influential figures in
:22:38. > :22:44.the Dutch underworld. As far as crime fiction goes, apparently he
:22:44. > :22:49.makes the perfect criminal. He has this aura around him of being
:22:49. > :22:56.almost untouchable. We are attracted by people who do things
:22:56. > :23:01.like that. One way or another, we think they are exciting. Away from
:23:01. > :23:09.Amsterdam's tourist friendly surface, the city hides a dark and
:23:09. > :23:12.murky past. During the late 1970s and 80s, criminal gangs around this
:23:12. > :23:16.streets, extortion, money- laundering and crime was big
:23:16. > :23:21.business. It was one single crime which made Willem Holleeder's gang
:23:21. > :23:29.one of the most notorious in Dutch history. This is the abandoned
:23:29. > :23:36.warehouse where they imprisoned the beer magnate Freddy Heineken in his
:23:36. > :23:39.car. In the film there is a scene with a mock execution. They put a
:23:39. > :23:44.gun to the head of Heineken and it clicked but there was no bullet in
:23:44. > :23:51.it. He said that did not happen. They chained him to walk in a dark
:23:51. > :23:55.cell and the guys had to fear for their life every day and night.
:23:55. > :23:59.Eventually, after three weeks in captivity, the two hostages were
:23:59. > :24:04.rescued by police. Most of Willem Holleeder's colleagues have been
:24:04. > :24:11.locked up, killed or fled the country. For some, it is safe on
:24:11. > :24:16.the inside than it is out here. We all know how tough the past year
:24:16. > :24:19.has been on the global economy. US and European debt crisis, there has
:24:19. > :24:25.been the tsunami in Japan to make things worse and of course, the
:24:25. > :24:29.political turbulence of the Arab Spring. All of which have served to
:24:29. > :24:39.push up oil prices back to over $100 a barrel. But squeezes most of
:24:39. > :24:47.
:24:47. > :24:51.the world, except for the Gulf # the best things in life are free
:24:51. > :24:56.but you can give them to the birds and bees, I want money.
:24:56. > :25:00.Spending in this part of the world as a national pastime, where
:25:00. > :25:04.British shopping in one of the biggest malls, or a multi-million
:25:04. > :25:09.dollar penthouse in the world's tallest tower. For those with deep
:25:09. > :25:14.pockets, there is plenty of temptation. One man who knows a
:25:14. > :25:22.thing or two about spending his caddie. He designs Rolls Royces to
:25:22. > :25:27.the personal tastes of Abu Dhabi's elite. This one has a camel themed
:25:27. > :25:34.interior. From inside, when you open the door, you see the same
:25:34. > :25:38.colour combination. He heads up the biggest selling bespoke department
:25:38. > :25:42.in the world for Rolls Royce. Interested? It comes with a price
:25:42. > :25:47.tag of nearly half a million dollars. Rolls-Royces are not the
:25:47. > :25:51.average car, even here in the Gulf, but people here still have money.
:25:51. > :25:56.Oil has soared to over $100 a barrel and oil exporters are
:25:56. > :25:59.reaping the benefits which is filtering down to the people. This
:25:59. > :26:02.region has the highest concentration of wealth the and
:26:02. > :26:07.super-rich households in the world and that number is still growing.
:26:07. > :26:11.We see growth in the number of individuals. In the Middle East, it
:26:11. > :26:16.is over 10 % in respect to individuals. But as more than any
:26:16. > :26:21.region in the world, other than Africa. It is a higher growth rate
:26:21. > :26:25.than Asia. Usually, when oil prices rise, that is translated into
:26:25. > :26:32.higher spending by governments at home and abroad, but with so much
:26:32. > :26:36.political turmoil going on in this region's backyard, spending is
:26:36. > :26:42.focusing on it locally. The authorities in Serbia say more
:26:42. > :26:48.than 11,000 villagers are trapped by eight blizzards as a cold spell