Skip to main content

tv   [untitled]    September 29, 2010 11:00am-11:30am EDT

11:00 am
money then they have to save it up and repay those loans and the way that they are proposing to do that is by hitting really according to trade unions hitting the common man they want to cut pay some countries raising the retirement age and slashing pensions and they also talk about slashing jobs jobs in the public sector that's what they're trying to prevent and that's all in an effort to reduce these debts that these countries have run up restore budget discipline and of course market confidence in the euro but this comes a certain respected economists say that it's time to get rid of the euro it's time to go back and let countries like the pigs go back to managing their own finances and drop out of the. german economist told me let's just listen to that. if we allow those countries to set their own economic policy again and to be sovereign in their currencies we would do europe a service we're doing europe a disservice by having this artificial currency imposed on it it can only lead to
11:01 am
political tensions like in greece where the greece population greek population now has to suffer the taxpayers germany has to suffer if the only ones that didn't suffer in greece were the banks because they were fully rescued so that's to me is a deal that is not quiet equitable all over europe really we've seen quite extraordinary scenes from spain as well where there's been a general strikes occurred and this is the first general strike in spain since two thousand and two and it mocks the split really between the unions and the socialist government which of course is always been quite cozy previously and that's because they now has an unemployment rate of twenty percent we seem transport workers go out on strike so nobody can get to work they're just wasting aimlessly at bus stops in the metro workers going out on strike so no rubbish has been collected nearly one hundred percent of steel workers it will doubt and the car industry in spain is almost ground to a halt in dublin there's been a demonstration there is
11:02 am
a demonstration going on now and that's been particularly timed to coincide with the members of the irish parliament coming back from their summer recess to start work again economic figures from ireland really released last week really terrible it looks like ireland is certainly going the way of greece someone drove a truck into the irish parliament building in dublin earlier today in anger there are also protests going on in portugal in italy latvia lithuania cyprus serbia rumania poland and france a this is really a europe wide day of action of course that biggest march taking place in brussels meantime author and economist william engdahl says the protests could have some political impact. i certainly think they have the potential power to change e.u. austerity policies the the way that this crisis has been handled since it first broke and summer of two thousand and seven from the part of the e.u.
11:03 am
governments and the european commission in brussels has been catastrophic to put it mildly. by no means is as disastrous as the wall street bailout that the bush and obama administrations are facilitated but it certainly ranks up there in the same direction so what what we're seeing right now across europe is a realization among ordinary voters that they are having to foot the bill for the corruption of the big international banks that made this problem in the first place and they don't like that. the mare of moscow is planning to challenge the decision to sack in russia supreme court that's according to a source close to u.t. bush cough on tuesday he was fired by president medvedev who said he had lost confidence in the man who had been in charge of the city for almost two decades but it was going off as the latest. according to moscow's former mir's close friend and state duma deputy and singer. challenge his sacking in russia supreme court and
11:04 am
under the law he has ten days to file an appeal and then the court will have ten more days to make a decision according to former assistant. is planning to stay active in russia's politics just previously he officially went off the united russia party and also filed a letter to the party well first of all officially xining and secondly complaining about what he called was a strong media campaign against him in the past few weeks and when we talk about it i have to say he really is quite a controversial figure since this man stayed in power for eighteen years that is quite a lot of time that's why his sacking caused quite a mixed reaction among many people support for his policies on pension years since the average pension in moscow is higher than in other russian cities
11:05 am
a lot of people said that it was because of course that moscow received a new modern however there are also many of those who accuse you of failing to resolve the traffic problem in the city of failing to protect many buildings which were of a heritage not only to the. nation and were destroyed getting this and also there's quite a lot of speculation around. who is thought to be russia's richest and most successful business woman and many people do see that it was because of. moscow that she managed to become so successful at the moment the city is controlled by a former team until a new marries appointed and until a new government is put together under the deal law the united russia party would hold. the majority of seats in the russian poland has two weeks to file at least
11:06 am
three names to the president to pick one candidacy out of the post of moscow's mayor and then after that he will pick one out who will submit this name to the city duma to moscow's parliament to finally vote on. and choose the new head of the city none of these names have been else at the moment however analysts do say that we will find them out in the near future and moscow should receive the new head of the city as soon as possible even within the next two weeks or so and that was r.t. that you got a piss going off with the details of the sacking of moscow's mayor while the former leader of the u.s.s.r. mikhail gorbachev says that cough gradually lost credibility over time and although he believes he made a strong start in the job he'll leave wardy in the first years of term as mayor and those were the most critical years when industry collapsed the situation in cities across russia was terrible he did
11:07 am
a lot for moscow here exercised firm control over moscow's resources and distributed them in the right way he supported all people women children and war veterans in those years i myself used to say that moscow was lucky to have such a mayor as good as he really was called time passed and law school started to change he had a billionaire wife my son the authorities began to look more attentively private activities questions arose whether the mayor had room to all to tackle moscow's problems a lot of things have now come to light it turned out that funds allocated for the reconstruction and expansion of my school street in routes were invested in some enterprises from which someone received a huge profit sachems in recent years have been far from good they've discredited his master chief mond's them. you are with r.t. and coming up for you security versus freedom of speech protests broken out in the u.s. against federal agents raiding the homes of antiwar activists more about to come in
11:08 am
just a few minutes. or fifteen suspected militants have been killed in two separate counterterrorism operations in russia's southern republic of dagestan there are no reported casualties among the police the operation is the biggest success for security forces in dagestan over the past month relatives of the militants were asked to persuade them to surrender but the insurgents were hit by opening fire last week in the region a suicide bomber blew himself up killing two policemen and wounding dozens of civilians. while dagestan's a neighboring republic of it is facing a similar battle with insurgents president units back you have called off says counterterrorist operations are vital for the survival of the southern regions. we don't want to brutally murder or punish anyone as a warning to others we just want to deal with this terrorist disease so we don't
11:09 am
have written permission from the terrorist patient we're treating for now we don't have any other choice. could it is stunning is preparing to elect a new parliament following months of political turmoil and ethnic violence the central asian nation was shaken in april when deadly street riots in the capital ousted president bakiev and in june the interim government had to tackle an outbreak of ethnic violence in the south of the country the general election will be held on october tenth and it's hoped the results will bring security to the country parties every nickel of reports on one man who is among the favorites to lead the struggling nation. as the clock ticks towards the kurdistan elections the country holds its breath will the polls bring stability or plunge the country into another round of violence and chaos meet felix school of the country's
11:10 am
former prime minister who could be next to lead the country following the controversial reigns of a scot archive and could not get bucky of course he is one of the few figures who have not been tarnished in the last fifteen or twenty years so he has a pretty hard and moral stand. population and here is a good chance all we need in the next parliamentary election who have has a different times been the national security general the regional governor and mayor of the capital bishkek but what he's most renowned and praised for in his home country is an ability to handle crisis situations. in two thousand and five there were scarce total mass marauders in the capital police and national security had all run away at that point that's when pool of his friends revolutionaries asked him to take matters into his own hands and in three days he restored order but also has a reputation for being difficult. he was a close ally of both presidents at the beginning of their terms and soon fell out
11:11 am
of favor with both of them finding himself in opposition and twice in prison where . there can never be two or three powerful figures at the top of the curious politics pool of has always been a very powerful person and a key of and a kind of have both felt that he could be the person to sweep them from their post and take power into his hands some predict a call of the party are numberless which translates as dignity is in a strong position yet cool it will have to run against a multitude of other parties all of whom also fancy their chances of challenging him the problem is that it's very difficult to create a democratic country in central asia kyrgyzstan is a more democratic country in central asia unfortunately this is a very immature democracy and sometimes it leads to or some very bad results right now what kyrgyzstan needs is not the democracy of european i don't think it's
11:12 am
possible in kyrgyzstan what it needs is stability and violence whoever wins the election this is a crucial decision for kurdistan a country that's been to the brink it in a girls' school. and still ahead of you in the program this land is not for sale that's the message from many indian farmers who are protesting and dying to protect their only source of income all the details coming up right here on r.t. . in the u.s. demonstrations have been held following f.b.i. raids on the homes of and he was activists agents claiming they were searching for evidence of support for terrorism and connections to radical groups abroad but campaigners insist the raids in chicago and minneapolis were intended to intimidate those speaking out against america's ongoing. well these raids are consciously attempting to have a chilling effect on opposition to us wars and to the entire
11:13 am
movement and they are a threat to the whole movement what they have to gain is they're faced with unwinnable wars they're faced with an economy in crisis and the very people who make those links and who say we need jobs and health care and good education for our children not and less wars represent a threat to the what's been so important it's not is as soon as they were happening residents surrounded these homes people with cameras immediately linked a notice to the whole country on you tube so right away there was a response and people understanding that these were not terrorists these are activists who have played a role and the demands for jobs and against home foreclosures along with talking always about the war there is a history in the u.s.
11:14 am
of these efforts to intimidate political movements again and again today when you look at the sheer number of muslims who have been arrested detained also their homes broken into their files e-mail cell phones and all of that confiscated that is what is in the interests of the f.b.i. and the police forces to do. and that was sara flounders the co-director of the international action center that's located in new york all right well western intelligence agencies say that they boiled an al qaeda plot to carry out terrorist raids on several european cities it's reported teams of jihadists were planning attacks similar to the siege of two hotels in mumbai two years ago the plot was reportedly disrupted by drone attacks on targets in pakistan and afghanistan. and germany and the u.k. are all on a heightened state of security alert. and colombian officials say up to thirty
11:15 am
people have been buried by a landslide in the northwest of the country many of the victims were changing from a busts on a mountain road at the time emergency workers say it could take several days to recover the bodies and it comes as heavy rains devastated parts of the country triggering widespread flooding and mudslides. in the operation to rescue thirty three miners trapped underground in chile is advancing quicker than expected they could be out by mid october if all goes to plan although the government still predicts november three drills are trying to open up a whole wide enough to pull the man out one at a time they've been stuck seven hundred meters below the surface since the cave in occurred in august. pirates struck again this time seizing panama flagged cargo ship with a crew of fifteen indians of the coast of tanzania
11:16 am
a cargo vessel was heading to south africa it's the third incident in four days off the east african coast there's been a sharp increase in piracy with at least sixteen ships currently being held by hijackers. the youngest son of the north korean leader has been appointed second in command of the country's central military commission and it comes a day after kim jong was also made a four star general the moves being viewed as a gradual transfer of power due to the ailing health of his father kim jong il a u.s. white house spokesman called the developments the quote ultimate reality show. well ahead of november's a nato summit in lisbon r.t. spoke to the former secretary general of the alliance george robertson he says the security challenges on the risks the world faces today are different from the past . too much of a tie at the present moment ticket are worth scientific three and we have people in
11:17 am
the we're still still russia. russia. russia wants to rule the world what catherine the great you know i can only secure my frontiers by expanding catherine the game is being quoted today more sad to say. and you can watch the full interview with our former nato head george robertson next hour right here on r.t. . well in india thousands of farmers say they're willing to fight to the death to stop the government building a motorway through their land while some fear losing their livelihood others argue the real consequence will be a full blown food crisis counseling investigates. indian farmers took to their capital recently in protest against
11:18 am
a government takeover of their land to build a new two billion dollar highway this followed the death of three farmers who were killed after police opened fire on protesters in the state of the top of the. will not give learnt for development to turn in price at any price at any price we're ready to die and will not allow anyone to step in our learned. these protests have stalled government efforts to acquire farmland for industrial in india which means developers have been forced to put the roads refineries and power plants on hold the major talent is the land acquisition if you land acquisition is going to production or even pick over the order given an inherent and that is what government is trying to do in case there is you know projects. they are today and the land available to you to do a live with only twenty thirty percent then they're delivered in that believes will happen the land is an emotive issue in
11:19 am
a country where two thirds of the population is still dependent on agriculture fifty five year old age we're saying doesn't want to sell out but nor some offers will be hard to turn down he got a gallop if my learned go i will lose my livelihood what will i do so i say if you are going to take my form give me a fair price for my learned as well as a job. some analysts believe that acquiring prime agricultural land for non agricultural purposes a food crisis in the country. there will be no food to eat they aren't giving us good conversation and they're still taking our land without the land will we eat either the government listens to or demand within a month or we will take action the farmers do have a point after all the government uses a colonial era law to pay tiny amounts of compensation to farmers to buy their land for development projects the government plans to update this law by the end of the
11:20 am
year to get indian market prices for farmers but until it does vital infrastructure projects remain in limbo something is your third largest economy can ill afford got and seeing r.t. new delhi. coming up it's the latest the business update with stephanie in just about. hungry for the full stop we've got. the biggest issues get a cuban voice face to face with the news makers. every month we give you the future we help you understand how we get there and what tomorrow brings the best in science and technology from across russia and around the world. join our technology update on our g.
11:21 am
hello and welcome to the business bulletin rushes a major gas producer will stop the construction of a new gas pipeline to china next year gazprom deputy c.e.o. said the two sides moved closer to an agreement on the basic price during president medvedev some recent state visit to china they also agreed on new terms for gas shipments to china including the route gas quality and the final point of the pipeline idea this week gas from agree to supply thirty billion cubic meters of gas annually to china over thirty years sorting from twenty to fifty. now while europe is facing a multi-year aslaug out of the economic crisis emerging markets are attracting more investor attention but will they be able to grow in the event of a sharp slowdown in the developed economies that tell you how to live reports. in the months leading up to the summer holiday season europe was gripped by fear that
11:22 am
it would be overwhelmed by do that there was much talk of greece rial and reve in spain defaulting on their bonds this opened up the bleak scenario of the euro zone collapsing and dragging down the world economy just as it was recovering from recession but a bailout package later and investors started to focus their attention on the other big problem the precarious state of the u.s. economy over the summer what happened was that the markets felt focus very much on the concerns of a double digit in the u.s. and the fact that actually german growth was coming through very strongly and actually they were quite slow to realize that the sovereign crisis in the yours had never actually gone away spreads were actually rising over the summer particularly in august when we had all the concerns coming through about the cost of resolving the financial sector crisis it all and and i think now we're in a situation where the markets realize this isn't a one year problem it's a multi-year problem while europe is busy cutting its way out of crisis much to the
11:23 am
displeasure of public sector workers and the data from the u.s. is anything but comforting investors are looking for the next growth areas top of that list appears to be the bric countries brazil russia india and china but other strong enough to perform well if the developed nations start going into reverse again at least one analyst thinks not if indeed there is a second wave the second in the u.s. so europe markets will not be able to sustain that growth why do was say that is that because of a large share of trade and capital flows still a lengths to u.s. and europe and therefore you know the into regional trade in the merging markets is still very small and therefore the demand in the u.s. or europe tanks completely then the emerging markets will no longer be able to export their big chunk of their goods will see a freeze up on the in the trade exchange and therefore slow down and growth. in short the emerging economies do not have the consumers to decouple they will not
11:24 am
make it alone but given a moon moderate outlook where the u.s. and europe can sustain some growth in the emerging markets to outperform this is clearly what many investors are expecting and is likely to be reflected by money flowing towards the new markets and the who global business r.t. . the russian acting markets finished up on what will stay with both the r.t.s. and the my six closing more than half a percent in the black box that the my six high would. be finishing around one percent higher energy majors also let some support apart from lukewarm down one percent plays. russia's top silver mine a poly metal has reported a five fold rise in first half net profit to ninety five million dollars the company benefited from higher prices for the metal and increased sales volumes but the results fell below analysts forecasts and shares in poly metal were down around
11:25 am
five percent on the my sex. russia's national adeline ara flocked is to start its own budget carrier its part of the company's fifteen year development strategy it concentrates on increasing its domestic business while cutting the number of international flights arafat to set itself a target of quadrupling passenger revenues by twenty twenty five. ten k. b.p. and petro vietnam have signed a contract on s.b.a. blends crude deliveries so sing from november to end k v p will supply at least one hundred thousand tons of oil each month to vietnam vietnam has also offered to pay b.p. to set up a party joint venture it will include a three and a half billion dollar oil refinery in vietnam and some of russia's oil fields tank a b.p. says it's considering buying new fields in vietnam as it looks to expand its operations outside russia. it opens a new partnership with one of the. most dynamic you are going to be some of the
11:26 am
world the east is that you are a corner of the road for growth and vietnam is one of the most dynamic economies in the east but he doesn't think it's very busy to be the most accredited member got to go to ten percent per year that's a partnership with us for system did you are valuable that's a. i'm not sure update for now but of course you can always find the stories if you log on to our website that's called slash business.
11:27 am
in some petersburg she's available in hotels a story and a little ambassador in a small school to kowtow to triple the soto patricio toto golden golden. skin. and see if this visit.
11:28 am
here in the russian capital you're with. headlines now people from across europe demonstrating against government austerity measures to slash jobs on pensions spain has been power line. by a general strike at least twelve other eurozone countries have been gripped by protests. moscow's deposed mayor is reportedly planning to appeal that can this is forced to resit nation in court despite falling out with the russian president who ordered the sacking off. scaring up for parliamentary election all of this simmering fears of more violence in
11:29 am
a country yet to fully recover from deadly ethnic clashes this summer prime minister felix is among the favorites to lead the nation. well with kim jong il effectively naming his son as his heir peter lavelle and his crosstalk guests debated whether the country is turning into a kind of presidential monarchy that's coming up in just a moment thanks for watching. geezer do you think women friends tried to reason with hitler germany demands for better land and gets its way they all thought they had created a safety net for themselves nineteen thirty nine the whole of europe is engulfed in war efforts to establish a system of collective security nine hundred thirty eight failed and it's still on the agenda.


info Stream Only

Uploaded by TV Archive on