Were joined now. Can you give us the latest . I am standing in front of the there is about to be a press conference. The chief executive are meeting briefly with the families. The latest on the search, the plane has been discovered. Debris was found. Body of the plane was found underwater. All hope loss for any survivors. Up until now airasia had a solid safety record. That is correct. It has been noted until now. Thisll be a bad blot on its coffee book with 162 on that flight. What is been the Public Relations reaction to how the accident was handled . There hasnt been any overt criticism to speak of. There was criticism has been from the tv station which broadcast pictures of a naked dead body into the room with the families were staying. The government is saying nothing so far. Obviously a resolution we will leave it there so you can cover the press conference. Thank you so much. Russias Opposition Leader Alexei Navalny has been found guilty in a high price fall high profile fraud case. Navalny says the charges are politically motivated. We have more. [chanting\ the verdict came as little surprise. Alexei navalny and his brother oleg guilty of fraud. The only difference is the activists has a suspended sentence but his brother did not. Navalny denounced the courts decision. He said of all possible types of sentences, todays is the most vile. He called on his protesters to the trial is the latest in a string of cases against the dissident. Navalny denies the charges. They have suffered no damages. More than 16,000 people have signed up. The protest was planned for january 15, the initial schedule sentencing date. A move seen by many as an attempt to curtail the event. Navalny became known for investigating widespread corruption. He galvanize the opposition, leading protests in 2011. He became a strong second last year and is openly stated his president ial ambitions for 2018. I am joined by a reporter. How much of a threat is navalny . He did come second in the election for moscow mayor. He was predicted to attract 10 to 12 but ended up with 27 . That mustve been a big jolt for the kremlin. The suspended sentence takes him out of the race. Of course strong results do not translate into national results. Navalny appeals to younger middleclass muscovites. Putin still has a lot of support among older workingclass people outside the big cities. That is an important distinction to bear in mind. It was interesting to watch putins press conference at the end of the year. The context this year was different from last year. He said he would release the jailed tycoon in a personal pardon, which he did. He said members of pussy riot would be free. That was seen as a concession to western opinion. Now the Olympic Games are over. Putin use those games to burnish his image. Events in crimea has served his popularity greatly. His popularity soared to well above 80 earlier this year. The crimea factor is important when you look at the demoralized state of couldnt putins opponents today. That was reflected in a tough tone of the press conference when putin slammed nato and those western sanctions against russia. Thank you so much for that. At least 10 people have died in the ferry fire. It is unclear how many people were on board at the time of the blaze. Almost 40 people are officially unaccounted for. Two albanian sailors have been killed and they were hit like a line. Reunited with their loved ones at last in greece. Some of the last passengers to be evacuated from the ferry touched down late on monday. Many are enraged there were no fire alarms and no help from the onboard crew. It was a horrible boat with mechanical problems and despite that they lead it sail. Nobody alerted us. I was afraid of burning alive. Many chose to sleep on the deck when the fire broke out. She fears many could have perished. The operators said 478 people were on board but not all of those have been accounted for. Throwing into doubt the accuracy of the list, meaning there could be more victims. We are in constant communication to cross check the list with the list of rescued people to establish whether there are any missing people. The Italian Coast Guard has announced the evacuation of the ship is now complete. Now a burntout shell. They are searching for more victims. Authorities will decide which port to tow it to. To ascertain if there was any criminal wrongdoing. The italian prosecutors said the death toll from that ferry fire is expected to rise. A vessel carrying passengers has sent a distress signal because of expected armed people on board. A new greek crisis is unfolding. The parliament failed to approve a new president. Next month there could be one party gaining power. They reject the terms of the bailout. It is about greece once again. Athens is weighing on the euro. It is seen as shortterm turbulence. Events in greece are likely to worry investors. However, they are not likely to question the return to growth. Elections will be held on the 25th of january. Shares in athens plunged more than 11 at one point. Tenure greek bonds touched their highest in over a year. The Interest Rate for greek bonds has almost doubled in two months 9. 6 for 10 year bonds. That could be greece he vows to wipe out much of the countrys debt. That could derail the imf said they are suspending a until a new government is in place. Germany warns that greece must stay on course. A Health Worker is being tested for ebola in scotland. This comes a day after another was diagnosed with the disease. One return from scotland and has been transferred to london. Passengers on flights are being transferred. The risk to the public is very low. Police have detained the alleged mastermind behind the mumbai attack. He has spent six years in jail awaiting trial for the attacks in which 165 people were killed. They had granted and lack of evidence. The ruling embarrass the government who had vowed to crack down in light of the passion law massacre peshawar massacre. Just how much rubbish a person can make in the course of seven days by asking individuals to literally lie in the mess that they make. It can be a dirty job. They agreed to pose with seven days of their own trash. Rappers, containers, plastic bags, a weeks worth of waste. What is it creating . Who is it harming . When you see your trash, it makes you stop. Maybe i should do something different. Photographer chose natural environments for each of his subjects. The problem is abstract, very generalized. It is not on a human scale. I am personalizing the problem by getting families and individuals to think more deeply and by examining their own trash. Some of the First Citizens participants edited their trash. The real shame lies in the numbers. Each person produces more than two kilos of waste a day more than twice as much in western europe. New york is one of the best places to bring in the new year. There are rehearsals even for the confetti. 3, 2, 1. Happy new year new years eve already . You would think so with the confetti fluttering in times square. There was a dry run for the main moment. We are celebrating new years eve today. It is amazing. We are from oklahoma. This doesnt happen there. More than 900 kilograms of confetti will be tossed onto the crowd of about one million revelers in times square. You have to make sure they all break out separately. You have to make sure they are airworthy. There are crazy wind patterns in new york city. They were going up down, and sideways. This is no ordinary confetti. People have written wishes on them. Time to take a look at what is making news at this hour. 40 bodies have been retrieved from the sea off the island of borneo. Found guilty of fraud. Alexei navalny received a suspended prison sentence. He said charges are politically motivated. The death toll of the ferry fire in the a genetic sees adriatic seas climbs. Time now for business. We begin with fresh news from ukraine. The central bank said they expect to receive three trenches of aid. The imf mission is due to visit kiev. 7. 5 because of the conflict from separatists in the east. There was a fullscale financial crisis aggressive russias takeover of crimea. The west has imposed numerous sanctions on moscow. Russias economy has contracted for the first time in five years. There are fears the country could be entering a long recession. The ruble has seen a dramatic fall. In value Vladimir Putin will have this work cut out for him to better the situation. He will be working very hard to mitigate the dual impact of the drop in the price and the western actions, which will be hard. Lets see how the markets are trading. The hangover from the greek elections is pushing down trading. Retail was boosted by the holiday season. Trading near a 1 in the red. European markets following asias leads. Many Energy Companies trading in the red because of falling oil prices. Increase production has driven brent crude down 40 this year, making it on pace for its biggest annual decline since 2008. The dac oaks to gain 3 and will finish its final trading session of the year, significantly lower than many other stock markets. Many of the world are preparing to toast 2014 goodbye, many crisis have given them headaches over the past 12 months and more. We will still face the ongoing crises, ukraine, the price of oil. Greece will be a major, issue especially at the beginning of the year. Interest rates. Money will remain rather cheap in europe. Interest rates could rise to the u. S. Because the economy and job markets are improving. There are more than 2 million french people who moved abroad and the figure is increasing by 2 each year. What might be done to show the grass is greener back in france. Coming home is not always the easiest of tasks. We have more. [no audio] we often speak about the economic crises. Sometimes it is hard to understand the impact until it touches our daily life. 75,000 people work in madrids bars. There are fewer people hitting the bars. There are fewer bucks in the wallets. They typically generate 7. 5 billion euros each year. This is one of the nightclub owners. Spending has fallen a lot. Overall, our revenues are down by about half. That is it for business. Thank you. Time now for the daily press review. Welcome back and it is time for the press review. Much has been focused on the airasia flight. A lot of International Papers are drawing parallels to the airasia and the Malaysia Flight. We start with an article in slate. This is new information coming in. This article takes a close look at what the airasia and the Malaysia Flight have had in common. One major difference, and that is the weather. The airasia flight disappeared in proximity to a tropical thunderstorm. The Malaysian Airlines plane disappeared under calmed conditions. Another factor. Even if the weather did cause the accident, difficulties in locating the wreckage underscored the limitations in how planes are tracked. We are also hyper connected. Why is it so hard to track down a missing airliner . These days airlines provide wifi to their passengers. So are lessons being learned from all these disasters . The article points out since the Malaysia Airlines jet disappeared, they have considered new rules about tracking planes but are slow to put into place because they are expensive to put in place. The political crisis in greece. Triggering snap elections. Lets take a look at the front page of the wall street journal. You can see the headline. On the left you have the conservative Prime Minister and of course on the right you have the man of the moment, the leader of the far left party widely seen as one of the big winners in the next election. You can see him applauding this result. The greek press is pretty worried. We look at the center left paper. It talks about the election that nobody wanted. A major period of instability. Nobody knows what the future will hold. More turbulence lies ahead in greece. They are critical of the outgoing government. He is critical of the left, as well. They talk about the rubbish promises being dished out by the antimemorandum forces. You have the far left and the far right and so lots of criticism. Moving on to french politics. The elected man of the year but not here in france. He is certainly popular in his native spain. He was elected man of the year, applauding the standard who wants to change france. The Prime Minister says french citizens are ahead of their political leaders when it comes to reform and the tendency to work hard. Their french president is scheduled to make a new year address tomorrow. This is a traditional new years address. Not only is it a tradition but the french president wants to come across as more traditional. He spent the first half of his term trying to come across as mr. Normal. Now he wants to come across as more serious. He might want to come across as more solemn. He wants to come across as optimistic. After 2014, he is hoping to bounce back in 2015 and betting that things are going to look up. It is not as though things could get much worse. They are not falling for this familiar to that he seems to be singing. France is on the right path. This sounds familiar. We saw what a terrible year it was. Thank you for that. If you want to find out more about the stories she highlighted, you can head to our website, and click on the press review and see what she hascccccccccccccccccccccccccccccccccccccccc
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