tv [untitled] October 9, 2010 7:00am-7:30am EDT
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lead to good stuff is taking a breather ahead of tomorrow's general election security forces sweep the streets for any sign of unrest. from countries like the united states to countries like china brazil russia the world are heading east as top experts come together and washed. to boost the economy many say america's power is on the way. and russian explorers are breaking the polar ice as they stake their country's claim to the arctic's frozen wealth.
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is coming to you live from moscow welcome to the program security is being stepped up across could a stand 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 wracked by political chaos and ethnic conflict it will also take power away from the presidency for the first time in central asia you go to reports. this is truly a crucial vote because it's meant to and instability and political chaos in the country for the past half a year or so. has been plagued by violence and the south of the country where we are now are among the most affected areas and there are fears that this violence could flare up once again during the election the former soviet republic has been struggling to achieve normality since former president. was overthrown from power
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in deadly street protests across the entire country especially in the capital bishkek violent riots left dozens of people dead and put the country in a state of chaos people who were protesting policies when people living in poverty and fields to increase the quality of life in kyrgyzstan for years the interim government held. them which voted to build a parliamentary republic which is a milestone not only for kyrgyzstan but for the central asian region since this election will be held successfully it will change the way. it's planned that the president's powers will be curbed well the prime minister will have more power then head of state this is significant for central asia since traditionally countries in this region are ruled by authority leaders and this way. for from such
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a political model for the first time in central asia in political parties are taking part in this election which is an all time record for kyrgyzstan however there are journalists or relatively similar to one another i have to say there is skepticism on ordinary people here in kyrgyzstan who say that this election won't improve their lives because simply not ready for such a transition and. won't be as effective apart from political unrest there just on there's also been suffering from ethnic while. in june there were deadly ethnic clashes here in the city of osh where we are now which is populated by a curious and was back in national and as a result hundreds of people were killed thousands were injured and thousands more have to free their homes and at the moment peace is really fragile here in the self of the country and in fact at the moment meaning people fear even going to the police stations on sunday there have already been reports of threats sent out to
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the local population of why a mess for many people at the moment the main priority is to rebuild their homes and businesses after june while it's rather then to vote for any politician despite this stuff that he's are still calling for the people to go to the polling stations to take in this election promising that it will provide the long awaited stability of stories are on high alert across the entire country both police and volunteers are monitoring the streets of the city's international observers have already arrived at the region and authorities say that everything is ready for the vote on sunday. you go to prison off now as the world struggles with recession there are fears that some countries could use their currencies as economic weapons while financial leaders discuss the recovery many say that the global economy is trying to break off from the u.s. . a long list of found out whether the shift in power has already happened.
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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 worried you know the united states as the consumer of last resort in the financial world that's not called divorce but decoupling and everyone from 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 call will be much more dependent upon those countries than on the developed economies it 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
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all out double dip recession i would almost consider a double double bass 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 was good maybe. it will be more than seven point five 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 r.g.p. and children is to be made in china isn't lost on american politicians looking for someone to blame for recalls to help foreign companies create chinese jobs to make it with mills would skyrocketing unemployment nor is it lost on the obama administration we believe it's very important to see more progress by the major
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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 of china is 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 are definitely 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 figure out how to incorporate
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the power of the new emerging economies showing that as their economies grow far from us soil so too does their role behind these doors or lester r. t. washington d.c. . webster tarpley an investigative journalist says the bric countries which resists the us developing in their own ways. the big thing is you're dealing with a system you're not just dealing with the us 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 under bretton woods up until one nine hundred seventy one things were better why not go back to that why not take the peg 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.
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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 that. and we have more on the i.m.f. meeting in our business bulletin that's coming your way in just about ten minutes also coming up expensive deals we report on how much it costs to be an entrepreneur in georgia plus. if you roll over here in the forest you will turn into a pig super pork roaming free find out who is flying to the rescue of last year's forced that's ahead. on russia's two arctic expeditions have met in the middle of the ocean to share their breakthrough discoveries
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a team of scientists on board the floating workshop have been looking for evidence of russia's claim to the major part of the region's treasures and it seems they got lucky. 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 fir drift is the flagship of the northern fleet if you're 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 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 a leaf at the bottom of the luminous overage we have recovered quality material that corresponds to international standards. russia's biggest evidence gathering
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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. if you compare it to say 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 these claims the russian president's been boy to both poles says he's people are ready to work around the clock to fulfill the mission. for you did some say what are the russians
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doing in the arctic on a palm and night we're not going to ask anybody water when we should do the arctic belongs to russia they're working in accordance with all international treaties and who will work day and night if necessary. and other deepwater eco sound will do its part of the job within the north pole expedition it will be installed on a movie ice flow and guess information on the models of breach nonstop for the next year the arctic may be of ostend embassy in popular image a nation but it is that still major that it contains a quarter of the world's untapped fossil 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 arctic race exceeding the pressure of r t from
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the island of visa in the arctic the georgian president's science fair elections and free media showing his country is a good place to do business in but many of his homeland same saakashvili is version of democracy is at odds with their experience businessman claim corruption kick backs are a way of life. and he explains. the so-called patchwork baths and central police the 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 but in gold his 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 get
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a goal was not an option you could 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 our future going to be begging for mercy i couldn't have done anything to need my business to this day. immediately after seizing the property of the government solved it off since then google has been trying hard to get his business back. i wrote six complaints asking them why they made me give out my business but the authorities are silent so we have not received a single response here. a human rights activist says this case is not unique according to this alien have been numerous cases recently where the georgian government has illegally seized buildings wound and other property from private individuals large and small
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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 cool it tara it's a kind of official racketeering aggressive illegal and purely criminal in its nature we can say directly you can make a our second species team is responsible for terrorizing the business sector. some georgian entrepreneurs' blame the greed and political ambitions of the country's leaders these businessmen say that in order to work safely and believe see you have to make generous donations to the ruling party or a large chile so powerful entrepreneurs in georgia make voluntary donations by paying off the government 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 us do not. call feels betrayed by the government he is
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still hoping to point justice for this mayor 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 the corruption free 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 continuing in tbilisi is getting stronger does. now you can check out our website for many more stories we are online for you throughout the day and it's a taste of what's streaming live right now at r.t. dot com a circus act that almost ended in tragedy in ukraine turned against his leaving him seriously injured and. a brand new soyuz rocket blasts off into orbit as three astronauts head for the
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international space station for more on that and our other stories just head over to r.t. dot com. and our let's check out some other international news this hour and a hungary and village may be hit by its second toxic sludge spill in a week people are being evacuated from calm on top near the scene of a burst reservoir on monday that spewed out thousands of tons of waste killing at least seven. countries prime minister said the river danube was no longer under threat even though the red toxic chemical had reached it. suspected taliban fighters in southwestern pakistan have attacked thirty tankers carrying fuel for nato troops in afghanistan police say the men fired small rockets at the park's tankers setting them all alight and it comes after islamabad closed a key afghan border in protest at nato helicopters killing three pakistani soldiers in an airstrike last week also nato says that four of its troops were killed in
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a separate insurgent attack. in chile a rescue workers are just about to reach thirty three miners trapped underground for more than two months when the mine is reached the cameras will be used to check whether a capsule can be safely deployed through the shaft to bring the men to the surface the country's mining minister said it would be three to eight days now before the rescue process begins. china has denounced the new. well prize committee in norway after awarding this year's peace prize to a jailed rights activists beijing summoned the norwegian ambassador in protest and said giving the award to a convicted criminal violates nobel principles warning but ties with also low could be harmed fifty four year old leo szabo was jailed for eleven years for subversion the nobel committee president says that he deserved the prize for his nonviolent fight for he would rights in china. and in ten minutes time we talk to the russian
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and nobel prize winner in physics that's in our interview program spotlight well there's an unlikely superhero patrolling the forest of left fear targeting anyone who acts like a hogan this self-styled pig man has vowed to put an end to littering which has blighted the country's words and even artie's tom barton could not escape his trotters. a legend on the trot this is the pig snuffling for some rather unpleasant truffles he's the lovely in state forest sun search one of its greatest problems rubbish well just look at this mess scoundrels how could they little like this this persona outed snuffling super swine's 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 will there in the forest you will turn into
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a pig and he's not just how mean it up this old bore isn't all week. 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 laps. and all and it wasn't long before we found some potential literacy of our own . but they were keen to show they were on pig mom's side it's an awful problem. i love it all the way it's done this man and your campaign pass it i can't see it anymore. when he started his work six years ago latvia's forests had become a pig sty with fly tipping and littering rife since then pig man who like all superheros refuses to reveal his true identity has saved the bacon he works with
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police educate school children lobbies parliament and keeps on the hoof rooting out literacy and raising public awareness in fact he's become quite a lot beyond celebrity. where the world has for superheroes superman batman spider-man and the lot the ensuite min's big man you can see how this force is terribly looted 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 listen you might reply more than you sound pig man could appear anywhere at any time so if either hey vika swine and do this. i'm soon going to have to clean up my act tom watson artie latvia. that i just about is the business news with charlotte. hungry for the full story we've
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got it fixed the biggest issues get a human voice face to face with the news makers on our team. and i welcome to the program with me play with follow labor. if i was to use the struggle to find a solution to difference is a very strange right warning that's a currency war could home the walls economy as the international monetary fund's annual meeting got underway in washington policymakers warned the efforts misogynist exports by embracing weak occurrences may provoke protectionism and
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trade imbalances and i.m.f. managing director dominique strauss kahn said that using currencies as a tool of economic policy can lead to very bad situations in that the i.m.f. wants to better identify how the actions of one economy affects others. there's no domestic solution to global problem even if it is understandable that some individual contrie facing huge capital inflow wants to resist this current of volatility and source of instability and possible bubbles so i'm not blaming downed trees which try was one shot to limit the influence of the capital inflows but it cannot be long lasting solution what we need is more cooperation on the monetary side and national much a system. for europe and all bank officials in the economic growth in their back in
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their region because the area is home to many many young economies it's going to be a long recovery. country director for russia explains why russia has better prospects than many other developing economies. russia went into the crisis with a very strong fiscal position very large you know. had reduced its debt to g.d.p. ratios so russia is a good risk if you think about it you know exact number it's the low teen percent of g.d.p. it's a stock problem. you do have a large problem you know the crisis at this point so there's more reassurances. private russian companies can meet or obligations so there is a lot of interest in russia for instruments because it's a good risk compared to many other countries now the so-called currency wars has been one of the top issues the finest menaces and heads of central banks of the
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i.m.f. meeting experts say it threatens to undermine all the work that's being done to restart the global economy the night i'm afraid of has the background. when you have been is not mines it's the economic equivalent of nepal critics say could lay waste to the global economy countries lower their currencies to gain competitive advantage q global trade in the produces there's no question that global demand is a lot there's not an awful room for everybody to grow their way by export and that's the norm when you have a financial crisis in a region in a country your exchange rate goes down it's one of the things that helps the only now it's not every one of the 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
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that pressure to revalue the yuan would result in social instability and economic disruption in china russia is a spectator in this war it's exports of gas and oil price in dollars well the ruble tends to pull the oil price russian experts. donated by tradable boards or tradeable benefactress goods anyway they have been a like a more detail is where the relative comparative advantage over russia is there regardless of the exchange rate more or less so with this respect the absolute level of the exchange rate is. less significance for rush hour. true. and the new push for you andrew valuation the risk for the coming year is that currency wars global growth. business are cheap.
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russian markets closed on friday down for a second day as korea to matter prices fell the real cynical or carly were among the main losers and shared more than two percent on my sex problem was the only gainer on the r.t.s. . percent. now despite a strong start to the way for global stock markets driven by optimistic forecasts for the end of the year almost all gains were raised by friday stephen explained. in the last couple of these were actually have seen the markets give up almost all of the gains generated early in the week as the new worries have resurfaced about 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 now german energy companies have expressed their interest in the south stream pipeline among them being.
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