And reports of casualties in southern israel where it is said to have killed four civilians and wounding a dozen others. As the fighting in gaza resumes with a vengeance over the last few hours, the israeli Prime Minister says his country must be ready for a protracted gaza campaign. Many of those rushed into to the main hospital our children. Some wounded, others dead. Theyre outside of a refugee camp when they were hit by huge explosion. 10 died, eight of them children. Are little kids were playing on the swings when rocket hit and tore them apart. One of them was my nephew. What does israel want from us . Israel denied responsibility saying the victims were killed by a misfired hamas rocket. Israeli soldiers killed five Palestinian Militants that have infiltrated israel through a tunnel. This on a day that was said to be a lull in the fighting. John kerry called for both sides to put down their weapons for good. He insisted the way forward was an unconditional ceasefire. But at an Evening Press conference, Benjamin Netanyahu made it clear an unconditional ceasefire was off the table. This is a difficult and painful day. Stamina and determination are required to continue the struggle against a murderous terrorist group that aspires to destroy us. Israeli flares lit up the sky again as night fell over gaza. For the latest on the situation and on the ground, we are joined by the reporter from gaza city. Israel and thomas are blaming each other for the attack. What are you hearing . I went west of gaza city, i met the people there. Suddenly, it landed in the street. Over the street, nine people at least were killed and others were injured. People claim. Israelis are responsible for the deaths. To the street, they killed other people, people will think this is the israeli strike. The israeli Prime Minister says the u. N. Call for a ceasefire is off the mark and answers the needs of terrorist. What can you tell us about the necessity he thinks is required to keep this Campaign Going . Has he called for the campaign to be broadened at all . It is confusing on the ground. In the daytime when we had people celebrate the ceasefire we have many airstrikes. The use this for the loading or whatever. But the underground people look for the ceasefire and we get back to their normal lives. Gaza still very far from libya seizes worst violence in three years. The blaze was sparked by a missile as rival militias vied for dominance. They fear humanitarian and environmental disaster and have told locals to felee. Little is left of the airport, fighting continues and firemen have been withdrawn. In libya and across the muslim world, today is the start of the festival. The high point in the Islamic Religious calendar. Celebrations are understandably lowkey in many areas because of ongoing wars and instability. Especially in the middle east. From indonesia to egypt, the holiday has been overshadowed. The fateful gather at the western wall. This year, the tone of the observance was decidedly political. We say to our heroic steadfast brothers that we are with you in these difficult moments. The Prime Minister congratulated the muslim world on the occasion. But said it was a time of sorrow due to the shedding of muslim blood. Fighting has intensified in parts of eastern ukraine. They have retaken him to some territory. Theyre looking at what possibly brought down the airliner and looking at remains of missing victims. Residents quickly stuff their belongings into suitcases and bags. The heavy shelling left them no option but to flee. It was a nightmare. It were hiding in sellers and children were crying. We just have to get away. Russian troops have driven them out on part of the field. This means that they can do their job. Provided no one prematurely i asked our correspondent what he was hearing. Local observers and media. There is fighting quite close to the place. They have taken over some smaller villages and it is not sure if they really hold it. It seems there is concentration on the local high ground. They are saying they need to control the whole area. This is the situation were in. We accuse each other of hiding pieces of evidence and Ukrainian Government is saying that they found out on the black boxed that there was an explosion followed by sudden loss of pressure in the plane. There was a rocket fired from the separatists. And the internet, we have footage. To get 100 proof of what happened, we might never get it like many of these cases. Thanks so very much. Germany taking steps to weapons exports. To slash weapons exports. Germany is the thirdlargest arms exporter in the world after the u. S. And russia, producers determined not to lose. Germanys arms industry is flourishing. The government authorized exports. They are in demand around the world. Economics ministers are not happy. He says german laws are being ignored, in particular a law that prohibits exports. Security interests justify an exemption. 60 of german arms exports go outside eu. A policy change could have major implications. Germanys arms industry employs 80 and 100,000 people. Many of them are in hightech sectors like in aerospace. It is impossible to see how many jobs would be foreseen by a restrictive interpretation of the law. They have already protested, he is particularly worried about the economic impacts. Bavaria is home to most of germanys major arms manufacturers. Colombia is grappling with a severe drought that has hit several regions across the country. Farmers have been hit the hardest, they have seen their livestock devastated. The governments launched an emergency plan to reduce the impact of the drought could continue for several more months. Farmers face a dire situation. The cows died of thirst a long time ago and an estimated 45,000 have perished already. The locals are barely coping with the heat. Wells are empty, residents have to wait in line for clean Drinking Water and they say theyve been left high and dry by their government. Santa marta has dried up and we are fed up with so much political manipulation. Santa marta is a Tourist Destination and the historical city. The government has announced it will provide about 80 Million Euros to the affected regions. Will increase efforts to drill more underground wells, especially in those areas most affected. Locals along the coasts are bracing themselves for tougher times ahead. Experts your columbia could be hit by el nino, the weather phenomenon that can cause unpredictable extreme weather conditions. Will take a short one minute break but russia is being ordered to pay billions to shareholders. And facing the second default in a century from argentina. We will be back with more. A court in the hague has ordered russia to pay back some 50 billion to shareholders from you close. The oil giant went bankrupt in moscow is to blame. Shareholders have hailed the ruling which paves the way for them to recover some of the money that they lost when the company was nationalized. Russia says the courts decision was politically biased and was vowed to appeal. May have been hoping for twice as much money. Shareholders are nevertheless relieved to have won their case after such a lengthy trial. Today is a great day for the rule of law. A superpower like russia has been unanimously held accountable for its violation of International Law by an independent tribunal of the highest possible repute. It used to be one of the most Successful Companies in russia but its chief executive was an outspoken critic of the kremlin. He was arrested on tax evasion charges and later imprisoned in 2003. It was dissolved and its assets sold to state owned companies. Judges ruled the companys dissolution was unjustified and politically motivated. They said the governments aim was clearly not to collect taxes but to bankrupt the company. Russia has until midjanuary to pay to to pay the sum. Moscow has said it will appeal the decision. Are moscow correspondent has been following the case and i asked if russia would ever pay given their intent to mount her legal challenges . Is the Russian Ministry of justice has also officially stated they are going to appeal so the ultimate game seems to be to gain time and not pay in the end. If that will happen or not is unclear but experts say all options are being used and it could take 10 to 15 years. Two reasons why that try men will appeal. It is a large sum of money and Russian Media has said it is about 10 of the russian yearly state budget and more importantly is the fact that a question of principle. One of the main policy statements russia has is dont meddle in our affairs and especially right now in the relationship with the rest is already so strange, russia and Vladimir Putin do not want to lose face. Russias economy is suffering the effects of what the west says is its role in the ukraine conflict and the impact is likely to be getting worse. The eu will be making more decisions on tuesday. A top policymaker and Angela Merkels party voted to import less gas from russia. They said this would be the strongest punishment for russia. The eu added more highranking Russian Companies and officials to its sanctions list. The Russian Foreign minister play down the impact of the possible sanctions saying russia could not ignore them but would not respond in kind. Describing such a move as unworthy of a major country. The possibility of sanctions weighing on investors minds. Steppenwolf tells us more from the frankfurt stock exchange. If russia would not pay, former sure shoulders could impacted russian assets and this would hit state owned companies. Shares went down sharply here on the frankfurt floor were the market has been week anyway. Investors fear the sanctions could not only hit the russian economy very hard but could also lead to the fact that profits would go down further drilling companies. Falling about half a percent. Over in new york, u. S. Stocks have slipped, the dow has gone up. About. 1 . And on currency markets, trading one dollar 3432. Argentina faces default for the second time this century. The country struggling to deal with high inflation and the lack of capital is coming up against a deadline from an american court. Payment of over 1 billion from a group of investors. They accuse them of buying up bonds for pennies on the dollar and demand in payment in full. Other investors accepted a big writedown on their holdings. As Richard Walker explains, the case could have international consequences. In public and in the corridors of power, new media and old. We met two men battling on the front lines. Eric supporting argentina and for the investors, robert shapiro. They see the case very differently. No one is against profit but we are against profit off of the backs of war people. Argentina has to honor the judgments of the u. S. Courts. At the heart of the battle, the ethics of the investors. Argentina calls them vulture funds. That is part of the argentine governments public relations. Financial institutions act on behalf of Insurance Companies and Foundation Endowments and university endowments. Would you call a university a vulture because they invest with a hedge fund . Is a funds that make their money by buying off debt from poor countries or countries in financial distress. They buy it for pennies on the dollar and litigate in full with a 1400 profit at times. They didnt want to put anyone in front of the camera but in recent reports like this one is that the case could set precedents putting more leverage into the hands of investors and putting more pressure on other countries facing their own debt crises in the future. Verbally virtually every other country has a clause to hold out of 90 of bondholders accept it. Argentina chose not to put that in its bonds to get a lower interest rate. The worst implications of this ruling will not be seen by argentina. It will be seen by the poorest countries in the world like the democratic republic of the congo and grenada. In this lobbying war, theres plenty to fight about. From the imf to the white house, all of washington is watching. To the clothing sector now. A country plagued by deadly factory accidents, lack of regulation and the history of its loading its workers. The former soviet republic of georgia. Take a look. The outskirts of georgias black sea resort town are home to a booming textile industry. They say 7000 seamstresses work in the area. They are employed by turkish subcontractors that supply western clothing brands. Surrounding villages and are not aware of labor laws. Wages are extremely low. Is trade Union Organizer wants to form them about their rights. Independent inspectors are also denied access. Im asking of how much they are, they wont tell me. If their income was good, they would say so. Trade unions are a thorn in the side of georgias government which has pursued a policy of low wages and weak benefits in order to lure foreign investors. Were trying to get 24 Vacation Days he or and they currently want to give us 15. Few workers dared to speak up for their rights. Those that tried in the past were fired. These women agreed to appear on camera because they have union backing. People need to hundred 50 euros a month ago by the the seamstresses only earn 100 ft at most. They only pay for the time that the sewing machine is actually in operation. They dont pay for the time it takes to find the fabric or counting and sorting. You have to work very fast and even then, you only just scraped by. Employees unable to keep up with peace rates take home monthly paychecks of less than 60 euros. Union leaders hope greater awareness will help improve conditions. Germanys most famous polar bear true record crowds and was loved by young and old alike. He could soon be drawing adoring crowds once again as an exhibit at the Natural History museum in berlin. The fur and claws have been mounted on a polyurethane body. The model went on display as part of highlights of taxidermy. He was born in her berlin zoo and died five years later. I dont know if thats how he wanted to be remembered. He was more beautiful when he was alive. Thanks for joining us here at the journal. Stay with us. Hello and a very warm welcome to european journal coming to you from dw studios in brussels. Its good to have you with us. Here is what is coming up in todays show britain the specter of a takeover in islamic schools. Hungary he secret heroes of the peaceful resolution. And poland the battle over test tube babies. British education authorities were alarmed late last year about the content of an anonymous letter. The author warned of a secret operation called trojan horse, that was allegedly in full swing that was allegedly in full swing with