tv [untitled] October 9, 2010 3:00am-3:30am EDT
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wealthy british style. markets. find out what's really happening to the global economy for a no holds barred look at the global financial headline news. reports. almost seventy years of the red machine would show we had people wanted to leave in the. weekend to make changes to sunday was you need to. leave. but it wasn't possible to change the country's regime so quickly. with. the close only fundamental changes in the state people's minds on.
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kyrgyzstan's pausing for breath ahead of tomorrow's parliamentary vote with the trolls on alert for any unrest. has passed from countries like united states to countries like china brazil russia as finance leaders gather to brainstorm a recovery many say the world economy is getting a divorce from the united states. and russian explorers who are braving freezing cold temperatures to stake their country's claim to the arctic's treasury.
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this is artie coming to live from moscow i'm marina josh welcome to the program now security is being stepped up across kyrgyzstan on the eve of a landmark poll while fears remain of possible violence sunday's parliamentary vote is hoped to bring stability to the country ravaged by political chaos and ethnic conflict also take power away from the presidency for the first time in central asia as the work is going off now explains. saturday is the last day before the start of the nationwide parliamentary vote here in kyrgyzstan which means at this point all political rally is now bridget and voting ballots are already being spread out at polling stations across the country twenty million political parties are taking part this is definitely an all time record for sure just on the country's interim president roosevelt by what he's pushing to build a parliamentary republic where the head of state is more of a formal figure rather than the one at power however several political parties
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including the one headed by the country's former prime minister felix school for or against this idea many analysts say that the interim government has failed to provide enough stability and this election is coming too soon the country's economy is in a really poor shape and so is the social sector something which is see that really clearly especially here in the south of the country or should where we are now is kyrgyzstan's second largest city many people call it the second capital and it's still recovering from a massive ethnic violence in june most of the city's population or nationals however around one third of the population are banks and numerous armed gangs are roamed this city destroying shops and cafes and awaiting helices and violence lasted for several days until the ear. term government finally managed to take control of the situation mobilizing the army but by that time according to the most
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modest figures hundreds of people were killed and several thousand were injured and most of the city's big districts have been nearly completely destroyed and now many people fear the violence could be turned with the start of the voting previously the police have arrested a man here in or suspected of sending s.m.s. messages to the local threatening them and pushing them to vote for a specific party the authorities are on high alert in the city they're holding special tactic drills and have mobilized most of the police force here. and also have recruited of volunteers and also around five hundred swat like commandos have been flown in here from the capital the elections here in the city will be observed by monitors from the always see russia and the c.i.s. eighty two polling stations have been set up the election was proposed by the internal government in april after an ex-president called one big mikey of course taking down from power as
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a result of mass protests across the whole country especially the largest capital and the opposition took control of the country and promised reform so once again on sunday the nationwide parliamentary election will be held here in kyrgyzstan and we should be able to find out the preliminary results as soon as on monday. corpuscle off reporting there for us now as the world struggles with the recession there are fears that some countries could use their currencies as a comic weapons while financial leaders discuss a recovery many say that the global economy is trying to break off from the u.s. r.t.s. or list or found out whether the shift of power already happened financial leaders are getting together from all over the world this week to figure out how to boost the global economy at the annual i.m.f. and world bank meetings but many are talking about a break up the world is. the united states as the consumer of last resort in the financial world that's not called divorce but decoupling and everyone from
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a flurry of wall street analysts to nobel prize winning economist joseph stiglitz are using the word now to describe this shift in power the baton is passed from countries like the united states on to countries like china brazil russia. india and beyond and you know growth in the global called leave much more depended upon those countries than on the developed economies explains how while the u.s. economy continues to look more bleak with analysts such as goldman sachs forecasting fairly to very bad scenarios of meager one to two percent growth or an all out double dip recession i would almost consider a double double bass in the so-called bric countries are still on the ascent brazil's economy is estimated to grow seven point five percent this year with optimism to spare the summation may be. more than seven
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point four percent. and rounding out the r i c in that acronym russia india and china are estimated to post four point two five nine point seven and ten point five percent gains respectively china's growth as an economic power on arjun and children still made in china isn't lost on american paula. titian's looking for someone to blame he recalls help foreign companies keep trying new jobs to make it with put skyrocketing unemployment nor is it lost on the obama administration we believe it's very important to see more progress by the major emerging economies to more flexible market oriented exchange rate systems geitner has increased complaints about china under valuing its currency ahead of the i.m.f. meeting you have to pick a reason why things are going to obviously it can't be because of you so it has to be because. china is
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a very easy target but while politicians try to hold things together citizens are decoupling from the u.s. economy to people who once left their countries to come to the u.s. for opportunities are heading back home the opportunities they're going to be much better than what they are here they're setting up shop in countries poised to grow even as the u.s. teeters on the edge of decline while nothing appears different from the outside of the annual world bank and i.m.f. meeting here in washington nothing sounds different about the u.s. pressing for its agenda of more fiscal stimulus and currency regulation inside changes afoot as these global governing institutions bigger out how to incorporate the power of the new emerging economies showing the as their economies grow far from u.s. soil so to do their role behind these doors for lester r. t. washington d.c. webster tarpley an investigative journalist says the bric countries which resist the us are developing in their own ways. the big thing is you're dealing with the
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system you're not just dealing with the u.s. you've got globalization is a system where you going to do about it one thing is fight those speculative flows you can see george soros is very worried about that but the other thing is floating rates themselves are bad they don't work on the bretton woods up until one nine hundred seventy one things were better why not go back to that why not take the page of the chinese to the u.s. as an island of stability and other people could also relate to that you could restore a system of fixed parities so that you'd have some certainty what the values of currency would be looking down the road and again the u.s. is the biggest enemy of this and the british along with them but for other countries it would be beneficial in other words if you want to be like china do what the chinese do what do they do they've blocked capital flows into china they're very strict on capital controls coming into china you can't just go in speculate in china and they make sure that they know what their currency is going to be worth six twelve months down the road by keeping it pegged why not imitate
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that and we have more of the i.m.f. meeting our business bulletin coming our way in about ten minutes time here in r.t. . also coming up in the program expansive deals we'll report on how much it costs to be an entrepreneur in georgia and. if you are in the forest you will turn into a pig so for her roaming free find out who is flying to rescue these forests at the hat. rushes to arctic expeditions have man in the middle of the ocean to share their breakthrough discoveries a team of scientists on board the floating workshop has been looking for evidence of russia's claim to the major part of the region's treasures at sea as they've got lucky as are now reports. there is a perception that it's hard to find a living soul in the arctic but not today this is how members of russia's north pole expedition dock with their colleagues on board the academic icebreaker the fur
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drip is the flagship of the northern fleet of your chill floating lab or a tree around a hundred scientists have spent seventy days in the arctic gathering evidence to support the claim that the man also bridge is part of russia's continental shelf the head of the expedition looks more than pleased with the results almost year but . today we are fully confirm the geological outline or relief at the bottom of the loss of ridge we have recovered quality material that corresponds to international standards. russia's biggest evidence gathering weapon is a multi beam eco sound known as spec it's hard to see and impossible to touch but it's talking to scientists from the bottom of the coldest ocean in the world. they can go as deep as twelve kilometers so it practically covers the whole spectrum of the ocean's depth there are no depths it cannot measure. the principal
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competitors are using the similar equipment the american icebreaker healy for example works with the same sound it is convenient to analyze and compare collected by the same standards. russia is in a hurry to collect evidence for its implication to the un sheffield for twenty thirteen the same year another applicant canada comes up with its claims the russian president's envoy to both poles says his people are ready to work around the clock to fulfill the mission. or you dismissed some saying what are the russians doing in the arctic on apollo night we're not going to ask anybody water when we should do the arctic belongs to russia they're working on a. gordon's with all international treaties and we will work day and night if necessary. another deepwater equal sound will do its part of the job within the north pole expedition it will be installed on
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a movie. and gas information on the among those who preach nonstop for the next year the arctic may be of ostend embassy in popular image a nation but it is theirs to major that if contains a quarter of the world's untapped falso fuels flotsam gold diamonds and other precious metals around sixty percent of total shock to gas lies in the russian exclusive economic zone so even without the models of reach being divided it seems that russia has already won becoming grace it's in the pressure of the r t from the island of visa in the arctic. the georgian president decides fair elections and a free media showing his country is a good place to do business in and that he and his whole once a village version of democracy is at odds with their experience businessman claim corruption and kickbacks are a way of wife as reports. the so-called patchwork births and central to police he
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is the perfect place to relax and have your photo taken on the way out the historical building is now owned by a private company but if you years ago it was taken from its previous owner by the government gold has any really still fears for his life he says in two thousand and seven he was approached by government agents who claimed he used illegal schemes to purchase the baths allegedly through the use of threats the officials forced the man to give up his business going to court says going to goal was not an option. they said that they know where my son's school is and they could say tomorrow and bust him for drug possession but he said that they will make me sell everything and still it won't be enough to pay them off and they'll be breaking for mercy i couldn't have done anything but they need my business to this day. immediately after seizing the property of the government sold it off since then google has been trying hard to get his business back. i route six complaints asking them why they
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made me give up my business but the authorities are silent we have not received a single response you are going to finance it. a human rights activist says this case is not unique according to the sale yet have been numerous cases recently where the georgian government has illegally seized buildings wound and other property from private individuals large and small companies. when your thirty's openly use police in the prosecutor's office to take away people's property there's no other way to call it terah it's a kind of official racketeering aggressive and legal and purely criminal in its nature we can say directly you can make a our second team is responsible for terrorizing the business sector. some georgian entrepreneur explained the greed and political ambitions of the country's leaders
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these businessmen say that in order to work safely and believe see you have to make generous donations to the ruling party or large to powerful entrepreneurs in georgia make voluntary donations by paying off the government in june the elections all of them pay no less than fifty five thousand us dollars these are official sums we can only guess how much they have to pay on official person marks and what we. call feels betrayed by the government is still hoping to find justice for this man and many others who have seen for themselves so often president saakashvili his words differ from his deeds change can't come soon enough well georgian officials claim that they have created to corruption free to me to do also lost their businesses due to pressure from the state it's nothing but spin and even though all if you want to speak out it looks like the movement against the trick of tearing into police he is getting stronger does. check out our website for more stories and
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we are aligned for you throughout the day of course here's a taste of what's streaming live right now at r.t. dot com. a circus act almost ended in tragedy ukraine aligned turn against his tamer leaving him seriously injured i am. brand new so is rocket blast off into orbit as three astronauts have for their skins at the international space station for more. also take a look at some of the stories from around the world and suspected taliban fighters in southwestern pakistan of attack thirty tankers carrying fuel for nato troops police say ten armed man fired small rockets in the park tankers setting them a wife armed groups have stepped up attacks on nato convoys to cross border airstrike killed two pakistani soldiers official say it's the sixth such attack just over
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a week. in chile rescue workers hope to reach with an hour worse thirty three miners trapped in the ground for more than two months when the mine is reached cameras will be used to check whether a capsule can be safely deployed through the shaft to bring the man to the surface the country's mining minister said it would be three to eight days before the rescue process begins. and gary in town may be hit by its seconds toxic sludge spill in a week people are being evacuated from the town hall and are the scene of a burst reservoir on monday that spewed out cells of tons of waste killing at least seven earlier the country's prime minister said the river danube was no longer under threat even though the toxic chemical had reached it. china has denounced the nobel prize committee in norway after awarding this year's peace prize to jailed rights activists some of the norwegian ambassador in protest and said giving the award to a convicted criminal violates noble principles warning ties with the harm fifty
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four year old. boy was jailed for eleven years. the nobel committee president said he deserved the prize for his nonviolent fight or human rights in china. well in ten minutes from now we talk to the russian nobel prize winner in physics you know interview program spotlight. before that there is an unlikely superhero patrolling the forest of lot targeting anyone who acts like a hawk this self-styled pig man has vowed to put a nail to littering which has blighted the country's wards even artist a large could not escape his trotters. a legend on the trot this is the pig man snuffling for some rather unpleasant truffles he's the latvian state forest sansar to one of its greatest problems rubbish well just look at this mess scoundrels how could they little like this this persona outed
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snuffling super swine spends his days charging around latvia trying to clean up the woods and make the culprits squeal for mercy there's even a legend to accompany him if you all are in the forest you will turn into a pig and he's not just how mean it up this old bore isn't all. the border about once a forest warden called us and said he'd found the remains of a car by the serial number we managed to find the owner and find him two hundred lots there are still out there oh and it wasn't long before we found some potential literacy of our own there. but they were keen to show they were on pigments side it's a no four problem to a bit of new thought i love it all the way it's done this man and your campaign that's it i can't see any more when he started his work six years ago latvia's
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forests had become a pig sty with fly tipping and littering rife since then pig man who like all superheroes refuses to reveal his true identity to save their bacon he works with police educate school children lobbies parliament and keeps on the hoof rooting out literature and raising public awareness in fact he's become. quite a lot of the and celebrity. her we are the world has for superheroes superman batman spider-man and the like the ensuite people man but you can see how this forest is terribly littered who asked me can clean it so i will do this i will clear up the latvian forest i promise. meaning that if you're planning to litter you might reply more than you sound pig man could appear anywhere at any time so if i behave like a swine and do this ha ha i'm soon going to have to clean up my act tom barton
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artie latvia. we have today now and business is next. hello and a very warm welcome to the business news one issue set to dominate the annual meetings of the i.m.f. of the world bank and washington they say what canned finance ministers and heads of the central banks are calling for a halt to the crossley was which threaten to undermine all the work that's been done to restart the global economy so you know even if they are. then you have been is not bombs on mines it's the canonical equivalent of nepal critics say could lay waste to the global economy countries lower their currencies to gain competitive advantage but q global trade in the proves his there's no question that global demand there's a lot of there's not an awful room for everybody to grow their way by export and
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that's the norm when you have a financial crisis in a region and a country if your exchange rate goes down it's one of the things that helps the only now not everyone pros outweigh the whole world can governments are making matters worse by printing cash and slashing the worst of paper money china and the leaders in the currency war the us has announced a new round of money printing which drew down its currency internees premier warned that pressure to revalue the yuan would result in social instability and economic disruption in china russia is a spectator in this war its exports of gas and oil price in dollars well the ruble tends to fall the oil price russian experts. dominated by tradable boards or tradeable manufactured goods anyway. buy commodities where the relative competitive advantage of russia is there regardless of the exchange
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rate more or less so with this respect the absolute level of the exchange rate is of less significance. rush. through the country. and the. valuation the risk for the coming year is that current to worse global growth. business r.t. . russian grail ways is to sell thirty five percent minus two shares in its subsidiary of trance container the government has permitted state owned monopoly or russian railways to sell almost five million ordinary shares of the company the i.p.o. may be held in november but according to officials trance containers total value might be up to one hundred dollars into folks from. german energy companies have expressed their interest in the south stream pipeline among them which is said to be thinking about joining the project now has just one european partner italy is any help whether for france is also in talks to joint on the subject of current gas
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supplies gazprom c e o alex a molester exceed last year's export volumes by twenty percent or more while northern and central european gas consumption is growing southern and eastern europe are tightening their belts the rise in gas from is mostly driven by domestic demand. and here's how the markets closed in russia dollar for a second day as courage and metals prices fell. among the major losers shedding more than two percent on the my six cats from is the only gain on the r.t.s. operand top of the set. despite a strong start to the week for global stock markets driven by optimistic food costs for the year and almost all gains were raised by friday stiffened up skates planes . and the last couple of these were actually have seen the markets give up almost all of the gains by general early in the week the new worries have resurfaced about
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the outlook for two thousand and eleven the jobless situation in the states the fairly high level commodity prices and the markets have pulled back i mean overall because the week about one of the have two percent higher for all the major global in this is and the russian market as well fears of a currency war will top the agenda of their i.m.f. and the world bank this weekend governments from the u.k. to the u.s. and japan have been cutting interest rates to lower their currencies we've seen already a lot of tensions between the u.s. and china in particular with respect to this issue and i do fear that these tensions will escalate and it could damage the global economy as a result the whole idea of printing money is in many respects to devalue money to make money cheap relative to goods and services. essentially to try to raise inflation the problem is that if the fed tries to reduce the value
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of the dollar against local goods and services in the u.s. it's also likely to drive the dollar down against other currencies as well as all the business news from now you can get more stories from our website r.t. dot com slash business. forty two thousand americans die each year from car accidents serious calculus
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fifty seven hundred thousand people murdered and thirty two thousand will kill themselves cancer in all its forms kills five hundred sixty thousand of us here part disease is even more devastating it kills over eight hundred seventy thousand americans every year. i am a. pair of nature and discover it's easy the. picnic eight with the wild. test yourself and become free m i am nature to give you the.
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