went bankrupt. opposition activists said 62,000 people were killed in the country. this video posted on youtube appears to show members of the free syrian army in the back of a pickup truck engaged in a heavy gun fight with government forces in homs. cnn cannot independently confirm the authenticity of this video. special ensloi, kofi annan, called for an immediate end to the violence. he warned against external military intervention. iran's ambassador said his country is ready to re-engage with the nuclear watchdog agency. his comment comes as western powers say they are ready to resume talks on iran's nuclear program without preconditions, but the ambassador says iran will never give up its nuclear program. those are the headlines from cnn. i'm juanita rajpal. "world business today" starts right now. good morning. from cnn london, i'm charles hodson. and a very good afternoon from cnn hong kong. i'm andrew stevens. welcome to "world business today." the top stories this friday, greece completes the biggest sovereign debt restructuring in history. but some investors still have to be leaned on to take part. >> we focus on fukushima. a local worker tells us about the radiation risks workers face. >> as we wait for the latest job figures we visit a bustling office in new york where apps for the ipad have boosted employment. it's a deal that's been months, if not years in the making, but they seem to have finally done it. greece has persuaded nearly 86% of its private creditors to accept a costly debt swap paving the way for a second sovereign bailout. more than $201 billion of debt have been tendered with bond holders expecting to lose about 3/4 of the value of their investments. there's even more to come as athens can apply newly established so-called collective action clauses. cacs. this will force the hand of the minority of the investors who didn't sign up to the deal. that will guarantee the greek government a further $26.5 billion. that takes bond holders' total participation to nearly 96%. the remainder of creditors must hold their bonds under the jurisdiction of other legal systems. they can't be forced to agree to the deal. here's what matters. the international swaps and derivatives association will meet a few hours from now here in london to determine whether the deal constitutes a so-called credit event. if they rule that it does, it will trigger payouts to holders of greek default swaps on greek debt. the failure to do that would have worried people. the prospect of a credit event might have scared investors a few months ago but most have since priced it in. the fact that a disorderly default has for now been avoided, phew, is what they're saying. this news was coming out so to some extent it was starting to the price mice last night. here's how they're looking now with athens leading the pack up by .5%. paris cac and ftse basically hanging in there. they're on the flat line. the other news, the u.s. job numbers are quite rosie. we'll have to wait to see for a few hours. anyway, in terms of greece, things have certainly turned sunnier in the global equity markets. monday and tuesday were negative sessions. can this new positive move be sustained? let's get some perspective from will heddin, a sales trader. will, presumably a sigh of relief all around there? >> yes. good morning. a sigh of relief. we did mention we had some rough days. we still are negative for the week for most european indices. i think as what happens from the isde happens as we expect it to, they do call this an orderly default, i think we've avoided a bigger catastrophe for the short term and worries that this would have caused overall for the debt market. >> what do you think is the broader market view of this? is this something that had to happen that was regarded as an inevitability? at least the eu could pull the rabbit out of the hat when it comes down to it? >> i think the view, we haven't had this deadline being put further back, which we would have expected based on all the problems we've had in the past. that's at least seen as one kind of positive from all of this. obviously credit default swaps if they do go ahead as planned. that i think is the main key that we can take from this. that system is working and that breathes a sigh of relief for many for the markets going forward. >> one of the things that i must say impresses me anyway, i'm just me, i wonder if the markets are also impressed, is the fact that the private bond holders have agreed to this in effect to a 75% haircut. >> exactly. there was a lot of na sayers, a lot of people kind of opposed to this we've had from various camps saying they wouldn't participate. there were some stories late last night that some bond holders had found some kind of legal loophole to find this from being forced on them. we've seen from the market perspective, greece in the position it's in, it's the realization that the bond holders have come to that they know they're not going to bet back what they've put in. this is kind of the best of a bad bunch of options. >> again, let's look at the broader picture in terms of the european sovereign debt crisis. is the market view now that we may be out of the woods in greece provided everything can be made to stick and now the big issue is portugal or are people perhaps relatively relaxed on portugal now that greece has been resolved? >> i think you've got to say when you say you use the terms out of the woods, you have to be careful of what we're talking about. greece has a whole load of issues it has to get through to get the economy back on track. in terms of the debt crisis we may have moved the next sticking point on. regards to portugal, i think by avoiding a disorderly default we may have staved portugal from further problems. the market would focus there but perhaps with what we have from america coming out later, we may see a few days' rest and hopefully that will keep things positive. >> we'll be watching those spreads on the eurozone debt. thank you very much, indeed. will hedden joining us live from ig in london. andrew? charles, stock markets in asia ending higher. that was what it looked like at the end of the day. as you see, some pretty strong numbers. green arrows across the board. it was lively due to investor optimism about the greek debt swap going through. in australia, a $470 million trade deficit in january. economists have been expecting a surplus of $1.5 billion. exports fell 8.2% in january mainly due to weaker european and the chinese economy. imports were down but only by 1.1%. a bit of corporate news coming to us from australia. quantus closing the day down more than 2.4% after it was revealed that they had broken off talks. the market up by .8% in shanghai. there's a lot of economic news coming out in china. in january accelerating consumer prices gave analysts and the beijing government a bit of a surprise. hope was it was a blip which appears to have been borne out by february's figure. the consumer price index last month actually rose less than predicted. here 3.2% over the same period last year down from 4.5% in january, an upswing that backed a long downward trend advanced by beijing. the administration's stabilizing measure's aimed to keep it within 4%. if the country's producer price index is any indication, china may be looking at even lower inflation going forward. the ppi, that measures the price of goods leaving the factory gate, has been falling since last july. for february it stood at precisely 0%, totally flat, charles. >> now live from london and hong kong, you're watching "world business today." still to come, thousands of workers toil over japan's stricken nuclear plant. its owner, tepco says they're working under safe conditions. they tell cnn there's more to the job than meets the eye. and the tablet that sparked a spinoff economy. how the ipad has become a symbol of u.s. job creation and not just at apple itself. stay with us. dard in anti-aging. roc® retinol. found in roc® retinol correxion deep wrinkle night cream. it's clinically proven to give 10 years back to the look of skin. now for maximum results, the power of roc® retinol is intensified with a serum to create retinol correxion® max. it's clinically shown to be 4x better at smoothing lines and deep wrinkles than professional treatments. new roc® retinol correxion® max. nothing's better than gold. when i got my medicare card, i realized i needed an aarp... medicare supplement insurance card, too. medicare is one of the great things about turning 65, buit doesn't cover everything. in fact, it only pays up to 80% of your part b expenses. if you're already on or eligible for medicare, call now to find out how an aarp... 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disaster also left hundreds of thousands homeless and sparked a nuclear crisis with radiation leaking from the damaged few can you shi ma plant. it sparked fears over the general safety of nuclear energy so much so that today only two of japan's 53 nuclear plants are still operating. they're due to shut down by the end of april. the director general of the international atomic agency told cnn the crisis at fukushima had many lessons for the other plants. >> major cause of the accident, of course, huge tsunami and earthquake. there are human elements and managerial elements and just for example, in one of the nuclear power plants a tsunami wall of 80 meters is now being constructed. another power plant was not ready for the prolonged power blackout, but now in many nuclear power plants an emergency power supply is prepared. >> a catastrophe on the sale of fukushima means a massive cleanup operation and thousands of workers are still laboring to end what was the worst nuclear disaster in 25 years. tepco which owns the plant says its employees are protected from radiation but one local author is telling a different story. kim lau reports. >> reporter: inside a nuclear disaster. they are the nameless men cleaning up the crippled fukushima plant. this author decided to tell their stories by disguising himself as a fellow contract laborer. he's looking into a small video camera. >> this is the lens. >> reporter: disguised as a wristwatch. for six weeks he captured images of daily life as a day hire. the blown nuclear reactors. driving past tanks holding contaminated water. documenting what he saw and the workers he met in a book. >> reporter: what is the primary message of your book? stop lying he says. what is this lie you're talking about. >> translator: there's no way you won't be radioactively contaminated despite dispostable protective gear, daily decontamination and controls to detect radiation, he says workers will be exposed. >> reporter: tepco tells cnn it has nothing to say about his book. the company maintains worker safety is a high priority and protection from radiation exposure has improved since the early days of the disaster. s suzuki disagrees and says there's a reason why these people are average people and not nuclear people. >> translator: the world is survival of the fittest. there are only weak people. there are no rich or politically powerful people working there. >> reporter: tepco says 3,000 people are at the plant on average every day. 75% of the workers are contracted hires. >> reporter: we know little else about the workers trying to clean up the plant. many say they're worried they'll lose their jobs if they talk. he says he's heard that again and again. a fear that if the workers tell the public what it's like to work inside the plant, they'll be fired. >> reporter: cnn was part of a recent media tour of the plant. tepco hand selected workers to interview. this is a contracted worker. >> reporter: you're a young man, 33 years old. >> translator: this accident happened at my plant, he says. it's my mission to keep working here. >> reporter: that sort of hero narrative is what tepco wants the public to hear, says suzuki, not the real story. >> reporter: why are people working there? >> translator: for the money, he says. they're not worried about the health risks decades down the line. today's bread, tomorrow's meal, rent for next month. that's what they're worried about. they, he says, are the ones cleaning up the world's worst nuclear disaster in 25 years. rebuilding japan coverage continues here on cnn this weekend. we'll take you to live events in japan marking the one year anniversary of the wert quake and tsunami disaster. you can see that on sunday starting at 1:00 in the afternoon in hong kong, 2:00 in tokyo, and 9:00 in the morning in abu dhabi right here on cnn. coming up on "world business today," the skies over sydney have cleared a little today, but for many in new south whales the flood threat is not over. we'll tell you what's in store for the rain drenched state just ahead on cnn. ® essentials™ no calorie sweetener with b vitamins, the first and only one to help support a healthy metabolism. three smart ways to sweeten. same great taste. splenda® essentials™. sksksk me. 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