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Second daring RAF rescue mission to Libya
Oil workers rescued by an audacious British military mission to the Libyan desert have been speaking about their experience. The Royal Air Force flew three Hercules transport planes from Malta to the remote eastern desert on a second rescue mission without Libyan authorisation. Read our news file Elite special forces troops were on board. The Ministry of Defence said one of the planes was hit by small arms fire. Twenty Britons were among the 150 people rescued. Australian oil worker Brian Walker said: ‘We started walking out Monday night. It hasn’t been a good week. In the back of a dump truck for a couple of days. A thousand kilometres in a bus to get back to where we started from. Then the RAF got us out. It was great.” British authorities had become concerned about the workers who said food and water were running out. Malta has set up a coordination centre at the foreign ministry in the capital Valletta. A member of staff there said: ‘We’re receiving a number of calls from people located in the desert. We keep them informed of flights that are going to pick them up from the facilities. Most of them are supervisors so until they have all their staff safe they will not move.’ More than 100,000 people have fled the unrest in Libya according to United Nations estimates. Eight thousand of them went to Malta with the majority arriving by sea. Copyright © 2011 euronews

Egyptian shares tumble as bourse reopens
Shares on Egypt’s stock exchange plunged as the market reopened on Wednesday. It had been shut for seven weeks because of the mass protests that ousted former President Hosni Mubarak. After ringing the opening bell, Egypt’s finance minister Samir Radwan said the dip in share prices was normal given the circumstances but added: “What I advise is to stick to your papers [shares], don’t rush to sell, you may regret it. Go on buying, go on buying, this is the time to buy, it’s a buyers market.” The benchmark index ended the session down 8.9 percent. From the start of the political turmoil on 25 January to when the market closed two days later Egyptian shares slumped, losing the equivalent of 8.5 billion euros in value Investor uncertainty was in evidence right from the start of trading on Wednesday and the index immediately fell 10 percent, triggering market circuit breakers so that the bourse had to be closed for half an hour. Copyright © 2011 euronews

European consular help abroad
Brussels has set out to remind Europeans in difficulty of their rights. During emergencies, such as in Japan or Libya recently, EU citizens abroad have the right to ask for help from any EU consulate or embassy where their country is not directly represented. But many Europeans do not know they have this right, so the European Commission is taking steps to boost citizens??� awareness. Europeans take more than 90 million trips outside the EU each year and around 30 million live in non-EU countries. Yet it is only in the US, China and Russia that every one of the 27 member states has a diplomatic mission. Viviane Reding, EU Commissioner for Justice and Citizenship, explained: “We have to clarify some questions: let’s take Luxembourg citizens who are lost in Kazakhstan and the British embassy is going to save them, that comes at a cost to the British tax payer, so it is normal that they are paid back by the Luxembourg authorities. How this transfer is going to take place, that has to be regulated by a European law and will be.” A website on consular protection is being launched, providing addresses of diplomatic missions in non-EU countries and access to all EU member states’ travel advisory services. Copyright © 2011 euronews

Army urges Egypt back to work
For 18 days, Tahrir Square was the focus of Egypt’s discontent. It came to embody the spirit of the revolt which led to the ousting of President Hosni Mubarak. Now, it is once again a roundabout, albeit one surrounded by tanks. The US, UK and Saudi Arabia have been asked to boost Egypt’s economy, hard-hit by the unrest. And they are not the only ones. The Arab League’s Amr Moussa says Arab governments have also agreed to offer to help with development. After the revolution, Egypt is now trying to re-group. Facing a wave of strikes, the governing military council has urged people to get back to work and avoid more damage being done to the economy. Copyright © 2011 euronews

Death toll rises in NZ quake
The casualty figures are rising in Christchurch, New Zealand following the 6.3 magnitude earthquake that hit the city of 400,000 people?�at lunchtime. ?�It was the city’s second strong tremor in five months.?�As darkness fell?�at least 65 people?�were known to have?�died,?�with up to 200 more?�still trapped in collapsed buildings.?�“We just don’t know what the likely threat is and so we’d much rather err on the side of caution, so we’ll try and evacuate the town centre if we can, and the police will cordon it off so that people can’t go in or out, and the army will assist them in that regard,” says Civil Defence Minister John Carter.?�New Zealand’s second-biggest city is built on silt, sand and gravel above a water table, which rises when an earthquake hits.?�This shock was only 4 kilometres below the surface, amplifying its destructive power, and almost?�liquifying the solid ground above it.?�The city is being described as “like a war zone”, with the cathedral shattered and many buildings?�that survived?�last year’s quake now feared?�damaged beyond repair. It is the country’s deadliest natural disaster in 80 years. If you are in New Zealand, contact us and tell us what you see and witness. witness@euronews.net, twitter@euronews or facebook Copyright © 2011 euronews

Kazakhstan hits UniCredit profit
Italy’s biggest bank, UniCredit, has posted a much bigger-than-expected fall in net profit for last year – down 22 percent. However much of that was due to losses from its business in Kazakhstan and the underlying results were better than the profit figure implied. Costs were also lower. The bank, which is the biggest lender in central and eastern Europe, reported net profit of 1.3 billion euros down from 1.7 billion euros the year before. UniCredit’s shares rose. The result included a goodwill impairment of 362 million euros, almost entirely due to Kazakhstan, with 199 million euros in the fourth quarter alone. UniCredit bought Kazakhstan’s ATF bank in late 2007 at the height of the credit boom for $2.1 billion. It had to write off more than 500 million euros from the Kazakh bank’s value in less than a year as the credit crunch hit the central Asian country. UniCredit gave no results for individual countries but third-quarter revenues in Kazakhstan were 32.2 million euros. The bank has said it has no plans to sell its Kazakh operations. Copyright © 2011 euronews

Jordan
Protests, largely peaceful, began in January calling for political and economic reform amid high unemployment and a high cost of living. King Abdullah II, who has held power since 1999 has responded by replacing his cabinet and permitting public gatherings. He has demanded “real and fast” reforms and a clampdown on corruption in a bid to quell the protests. The new cabinet has promised to investigate clashes on Friday in Amman, in which several demonstrators were injured. Previously disparate opposition groups are beginning to unite their calls for more limits to the King’s powers and a constitutional monarchy. Population: 5.9 millionHuman Development Index1: 82ndUnemployment: 12.2% 1 HDI is calculated according to factors such as schooling, life expectancy and gross national income and is used by the UN’s Development Programme for its Human development reports. back to all countries Copyright © 2011 euronews

Exhibition highlights dark side of Nazi Olympics
Most people know about the 1936 Summer Olympics in Munich when Hitler had to shake Jessie Owen’s hand after he beat the master race over 100 metres. How many know the Bavarian ski resort Garmisch-Partenkirchen also hosted that year’s Winter games, and was then offered the following Winter Olympics due for 1940? An exhibition in Garmisch-Partenkirchen entitled ‘The Flip Side of the Medal’ attempts to illustrate the influence Hitler’s regime exerted on the event. It also underlines how the International Olympic Committee chose to ignore the events of 1938 when the following year it awarded Garmisch-Partenkirchen its second games in a row. See the story in this edition of Le Mag. Copyright © 2011 euronews

Key allies desert beleaguered Yemeni president
Military, diplomatic and other allies of Yemen’s embattled president are deserting him in droves, as pressure mounts on the veteran leader to quit. Senior officers, ambassadors and some tribes are now backing anti-government protesters. The televised announcement of defection by powerful army general Ali Mohsen al-Ahmar and his unit is a huge setback to President Ali Abdullah Saleh. Declaring peaceful support and solidarity with the revolution and its demands, the general said: “We will carry on with our duties in maintaining security and stability in the capital.” With tanks deployed at key points in Sanaa, Yemen’s defence minister insisted the army backed Saleh and would defend him against any coup. Snipers killed 52 anti-government protesters on Friday, prompting Saleh to sack his cabinet and declare a state of emergency. The US embassy has urged its citizens in Yemen to stay indoors and France became the first major Western country to openly say Saleh must stand down. Copyright © 2011 euronews

China inflation likely means more tightening
Chinese inflation hit 4.9 percent in January, up from 4.6 percent in December, though economists had expected it to be higher. Even so price pressures – excluding the cost of food which is more volatile – were at their strongest in at least a decade. That will force the China’s central bank to keep tightening monetary policy by raising interest rates again and restricting lending further. Core inflation, not including food prices, jumped to 2.6 percent year-on-year, the highest in at least a decade, from 2.1 percent a month earlier. There was some indication that previous tightening has started to have an effect. Money growth eased to its slowest pace in six months in January at 17.2 percent year on year. The Chinese central bank raised interest rates last week for the second time in just over six weeks. It has also raised the amount of money banks have to hold in reserve seven times since the start of last year to try to mop up the excess cash in the economy that has fuelled inflation. Copyright © 2011 euronews

Deaths reported in fresh protests in Iraq
There have been further anti-government demonstrations in Iraq, including in the northern semi-autonomous Kurdish region. Two people are reported to have been killed and at least 50 injured in the city of Sulaimaniya. The demonstrators have been calling for better living conditions and public services. Protesters have also taken to the streets of the northern city of Kirkuk and the southern city of Kut. Prime Minister Nuri al-Maliki has urged the demonstrators to keep their rallies peaceful. Copyright © 2011 euronews

Educating tomorrow’s scientists
Science, with all its facts and figures, can be a tough subject to learn and just does not appeal to some. But it can be a lot of fun, and that is the main message of the Science Academy Festival in Paris. It encourages young learners to open their eyes and see the wonders of the world behind the dull textbooks and dry statistics. It also aims to challenge the traditional, negative view of making mistakes. Livio Riboli-Sasco, Founder and spokesperson of Paris Montagne Association explained: “The idea isn’t simply to say that science is a life opportunity for young people. It’s a way of exploring a scientific approach, of adopting an attitude of questioning things as people do in society.” Research scientist Fran?�ois Tadd?�i said: “Science is usually taught at school by telling pupils “look these are the facts, now learn them by heart” —how an aeroplane works, how a computer works. But science is also about research, exploring byways and backroads without really knowing where you are. By developing ideas, exploring them, you might trip up and make mistakes, but you learn through these mistakes, you improve and progressively develop new things.” Reality TV might not seem the most fertile ground for scientific inspiration but one popular show in Qatar is taking the format in an entirely new direction. ‘Stars of Science’ throws together young people from across the Arab world in a fun-filled but challenging environment. We took at how inspiration meets entertainment in Doha. In each series, 16 young students compete to produce the best scientific invention. It is a challenge both for the students and for the final jury. The top four prizes total 600,000 US dollars. During the show students work with professors and use the facilities at Qatar’s Science and Technology Park, which is also a start-up incubator. The park is run by Qatar Foundation. The country is obviously investing in its educational institutions as well as its students, although in some other Arab countries there is still work to be done. In South Africa the founders of the ‘Next Einstein initiative’ at the African Institute for Mathematical Sciences certainly hope so. Centres of excellence are springing up across Africa, giving new opportunities to tomorrow’s scientists and mathematicians. On the Cape Peninsula, the absolute southern tip of Africa, some of the Continent’s brightest young minds are at work. The African Institute for Mathematical Sciences is an oasis of maths and science for Africa??�s young people. Out of 500 applicants from all over Africa, only 50 students are selected for this programme. They all have a degree in physics, mathematics, engineering or computer sciences. At the Institute they are taught by lecturers from all over the world – and are aiming for the heights of intellectual achievement. Students here have research tools which are not always available at African Universities. The institution also provides networking opportunities, which opens many doors for graduates. Copyright © 2011 euronews

European markets at close: 22.02.11
A roundup of the days markets data from euronews.net, brought to you as video on demand. Copyright © 2011 euronews

Bahrain: causes of unrest
In Bahrain, the majority of the people are Shia Muslims but the country’s rulers are Sunni Muslims, who are frequently accused of attempting to change the demographics by encouraging Sunni Muslim immigrants to take Bahrain nationality. Discontent has been bubbling under the surface for many years. Shia leaders have long been agitating for changes: a new constitution, the release of all political prisoners, an enquiry into torture allegations, freedom of speech and an independent justice system. These demands are the result of the stalled political reforms launched 10 years ago with the aim of calming tensions. Last October’s parliamentary elections were won by the Shi’ite party Wefaq, but this made little difference as parliamentary decisions have to be ratified by an appointed upper house. Abdallah Eid, a Bahraini Shi’ite, said: “There haven’t been any substantial changes for the people. Over the last eight years we won a few little achievements in parliament. We can’t make any real decisions, but we still support the process.” The legislative system is effectively controlled by an upper house which is appointed by the Sunni King Khalifa and which can block parliamentary decisions. Bahrain has 1.3 million inhabitants, half of whom are expatriates, and half of whom are under 30 years old. The Kingdom produces a very small amount of oil and gas. The revenues are insufficient to make up the public deficit without raising taxes. Bahrain is an island in the Persian Gulf, off the coast of Saudi Arabia. It is home to the US Navy’s Fifth Fleet, which secures the area’s massive oil industry. Together with Saudi Arabia, Bahrain is seen by the West as something of a bulwark in the region, an important stablising influence in the face of Shi’ite-controlled Iran. Copyright © 2011 euronews