tv [untitled] October 18, 2010 12:00am-12:29am EDT
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above the law children of russia's a leader accused of wreaking havoc with no fear of justice one victim is determined to bring the crimes to light. that was to come i think the worst still to go was in the world should know there's more to tell. britain prepares for a massive cuts to public services by its fans here say it may not help prevent another financial fallout because the government hasn't learned the lessons of the
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last to last. and five star hotel or homeless shelter new yorkers aren't lacking in either when the survey suggesting that income gap in the big apple is now wider than in india. as i am in the russian capital you're watching r t a marina joshie a very warm welcome to the program the daughter of a russian official who rammed her car into two people killing one is facing a retrial a russian court says there were major violations in pursuit of the procedure during the first hearing as just one example of what critics say is a trend among the children of russia's elite to live recklessly beyond the law r.t. sara for three ports. when valarie the day it was no use down by a car it was the beginning of
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a long and very difficult to recover it was this bus stop that valerie was not that the seriously injured but that was five years ago and since then he's been unable to say that but investigation he suffered horrific injuries and the memories of that day the still very clear in his mind. i remember exactly how it all happened moment by moment my friend and we so we're standing here as we parted to cross the street on the green light remember the green light rivered we had turned and began walking through that direction when i heard a sound and saw something flying towards me the driver of the car was eighteen year old. daughter of a former high ranking f.s.b. officer for larry's case all they being tonight a criminal trial does make it to the civil courts. we ask for three million rules in compensation she was sentenced to paying one hundred
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thousand roubles to me and she did instalments would be for the child she was a major shareholder at a commercial bank in moscow at the time of the trial would appear she was just a poor student with six hundred roubles a monthly maintenance allowance. larry made eight attempts to have criminal proceedings launched but was refused every time. if an ordinary person had been in her clothes they would have faced criminal punishment long ago the incident is too serious to refuse to open a criminal case there seems to be a category of the population in russia which is immune from criminal prosecution it's not the first time that children of high ranking officials have caused controversy with their reckless driving an apparent lack of punishment when anna chevon caver knocked down two women killing one and severely injuring another images of her checking the damage to her car and not the victim's caused outrage
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her three year suspended sentence was recently revoked she to problems with the legal proceedings but the case will be retried soon. a patent can commit a crime to one person and enjoy nada and remain unpunished anish adam carr was not and will not be punished properly for what she did to us i'm sure. for larry's repeated attempts to get the case tried in the criminal cause of let's accusations against him with the abuse of the family claiming he jumped in front of the car and was trying to extort money from the in response to larry made an online play to president dmitri medvedev. i hope for your object of how mr president. an investigation into the legitimacy of the refuses to launch criminal proceedings has now been ordered. but i made my own my statement
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not because i want compensation from my house because i have been accused falsely and because of all the corruption but i want justice. with the full investigation yet to be conducted abuse of her remains in the driving seat was larry left to slowly rebuild his life with the help of friends and family surf r.t. cheney have been squeege in. public services in britain are facing massive cuts in their budget as the government looks to fill the huge black hole in its balance sheet but economists say the financial doomsday hasn't even happened yet and politicians aren't learning the lesson of the last crisis article or am it reports . the start of a new working week in the city of london in the eye of an economic storm life goes on as normal but those who work here know that the financial crisis is far from over. but worse to come i think the worst still to come i think the worst of it
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there is more to come how much more they're talking about the financial crisis we've already had but according to some economists we ain't seen nothing yet certain respected finance is this saying that rather than solving the issues that caused the last financial crisis governments and central banks like the bank of england behind me are actually leading us towards an even bigger meltdown and they can't even seem to agree on was to do in europe the powers that be are stopping the money printing machines over in the u.s. the federal reserve has just announced another round of quantitative easing but who's right nobody is right i mean that's really the problem the difficulty is that when you've drunk three bottles of vodka then you may well think that you're capable of putting the world to right but at the same point in time you know you're going to wake up in the morning with a hangover this is the point where we're working up in the morning with
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a terrible hangover in a new book the gathering storm a group of finance he has got together to say that governments have learnt nothing from this crisis policymakers are applying old models in their economic projections and that could lead to inflation hitting ordinary people hard when looking at the fiscal position. of the size of the deficits that governments are running in relation to. yes we are we facing the sort of conditions which would be more with waterline than with a peaceful prosperous development and that doesn't look sustainable for very long term debt will have to be repaid and restructuring will have to begin but in the city there's a fear that people are in denial for sense of security i think yeah i think it's very convenient from the political perspective and overall feel good.
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to feel better you know people want to feel better you know but it's the fundamentals are not great people are still in denial. but when they're on the tax man starts chasing people who can't pay then they'll be a problem that idea may come home to roost early as this week when the government announces extensive cuts to public services we shouldn't assume that the period of extreme global weakness which followed the lehman brothers collapse is the worst episode in this long drawn out depression there could be much worse episode still to come. and here in the city of london that would really put the cat among the pigeons nor am it r t london. you're watching marty coming to live from moscow still to come on the program the french seaside town of the veil hosts some high profile guests for an international chen way. and u.s. policies in afghanistan aimed at destabilizing soviet forces decades ago by back
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find out why america is losing the war on drugs that's ahead. it's one of the richest cities in the world home to bankers expensive real estate and luxury stores but recent figures suggest the pay gap between new yorkers is now wider than ever are going to see it you're going to reports on how the big apple is split to the core. the lucky few are shopping for shoes worth thousands of dollars to chanel's and just a wave of a wallet away just a few steps away a person with their entire life belongings in a shopping cart blue curious lifestyles the rich people in new york are richer than rich people most places are living side by side with those for whom surviving in a tough economy has become a full time job according to recent published report the gap between the rich and poor in the big apple is greater than india country where the majority of the population lives in poverty we live in a winner take all society where there's
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a small number of stars who make vast salaries and where the majority of people have too much month left at the end of the money last year one and a half million people were registered living in poverty in new york meanwhile the city's richest are still enjoying the high life the rich people in new york are flying around on private planes eating caviar renting yachts the net worth of the less than sixty richest new yorkers has recently spiked by an entire nineteen billion dollars one percent of the population controls seventy percent of the returns to well it's never been that high it's never been that bad but this somehow ends up being reflected only on the less fortunate i can. spend five thousand dollars on that piece of jewelry. and would you ever buy a bag for five thousand dollars. i don't think so housing is one of the main symbols of this wealth gap we're in front of. the project right now with the
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average ring to. the max now we have buildings to. use parity. realtors selling luxury property are not afraid of going out of work probably the most expensive cafferty i've sold is about eight million thankfully new york has rebounded quicker from the recession in two thousand and nine than any of the other major american cities but that's mostly true for the rich every night about one thousand people sleep in the subway system of new york meanwhile the most expensive hotels are doing as well as ever something the rich definitely like to splurge on the new york city is luxury hotels if you have an extra buck to spend in your wallet why not spend it on a hotel room for twenty two hundred dollars a night or platinum massage in your room for
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a mere three hundred dollars this is thousands across new york fill homeless shelters with no room to spare three times one hundred eighty five you have to let you do one hundred eighty five with each meal while the number of people relying on a free meal has gone up by fifty percent over the last year others are not even keeping track of their spending three thousand four thousand. are working on a story about the gap between the rich and poor new york what do you consider yourself to be. the possibility of the wealth gap narrowing is far from being around the corner right now we're debating about whether or not to give tax breaks to the richest americans to keep this kept going to keep the growth. but if this gap widens even more new york me soon be split into two different planets a big one with tens of thousands struggling for survival and a small one with a very lucky few this future for the big apple could not be far especially while
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the city's mayor is considered the second richest person in town and. new york. the tiny french resort town of the villains hosting an international brainstorming session for three major world powers russia's president will be the guest of the leaders of germany and france to focus on warming ties between moscow and the e.u. russia mean as our has more. the tranquil setting of the french seaside town of derby is expected to be the perfect backdrop for the so-called troika dialog to meet them individually and his colleagues in the professor posey and angle of merkel are expected to discuss many issues not only relating to european matters but also those concerning the international community specifically the tasks that lay before the group of eight and the group of twenty stability in the middle east the ongoing situation with afghanistan and of course iran's nuclear ambitions those are all going to be on the agenda when the russian president and his colleagues from france and germany sit down to the table but they're bringing
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a lot more to these discussions specifically issues that are more closer to home relevant to europe and the relations between european states and russia specifically a visa free regime for russian citizens is expected to be brought up in the discussions russia citizens at the moment are requested to by the schengen agreement to acquire a visa before entering european states russia forces long been negotiating a visa free regime for its citizens and that issue is definitely going to be touched upon by the russian president when he sits down to meet with his colleagues from france and germany but there are other much more serious items on the agenda as well specifically the economic crisis and its effects on a europe on by a lateral and european trade with russia of course there are many other aspects to the agenda as well specifically the framework with which russia is prepared to cooperate with nato the north atlantic treaty organization and various other
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aspects of cooperation between russia and nato as well of course all those items are going to be discussed by the russian president. france and germany all of the leaders say that this kind of dialogue is very helpful and has a lot of potential because it is less formal and therefore the three leaders will have a chance to speak freely and perhaps achieve more results that way we know that so far no biological meetings are scheduled for the agenda but will of course be bringing you details as and when we get. our correspondent covering us are they're . going to believe it's highly unlikely russia will ever become an equal member of the e.u. or nato. russia in my mind is too big and too russian both for european union and for nato. they're not eager to see russia inside nato was created to keep america in germany and
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russia. america is the real purpose of nato but keeping germany and russia all dated missions. and more of that interview about fifteen minutes time here on our team the first of twelve u.s. soldiers accused of terrorizing a murdering afghan civilians is set to face court martial officials say the rogue platoon to drugs and kill people for sport while commanders seemed completely unaware of their actions are his military contributor says the case reveals a wider problem there a lot of difference between the american experience in afghanistan but one of the most insidious. and harmful difference is that it was cia who initiated the promotion of that drug distribution trying to undermine the morale
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and spread to core of the soviet forces in afghanistan and thirty years later during the almost ten year u.s. occupation of the contrie united states pot policy in afghanistan still condones if not promotes the drug distribution and production and trafficking in afghanistan now with the us pot policy of the piecing narco farmers the united states has stepped on to the narcotics booby trap and the latest see at the case of twelve scalps scrapers and sports shooters demonstrates to what extent the u.s. drug store pot policy in afghanistan's has backfired according to the latest data the whole platoon of the stryker brigade was heavenly. even before
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their deployment from the continental united states to khandahar province as a result of these bloody cold scrapers totally dismantled disrupted and destroyed the whole concept of the hearts and minds of the counting insurgency policy in its application in afghanistan. check out our website for more from our military contributor and the blog section is just a click away here's a taste of what else you'll find right now at our t. dot com. u.s. trade unions are under fire for neglecting their duties leaders are accused of spending more time looking after their own political interests and the rights of workers. and world fashionistas are flocking to moscow as models drop their stuff on the catwalk of russian fashion week more in the latest collections at the r t dot com. also take a look at some other stories from around the world and thousands of people are
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fleeing their homes in the philippines the so-called super typhoon approaches the northern part of the country schools holes have been closed as high winds and heavy rain are expected it's four years since another storm in the country triggered landslides and left about a thousand people dead. paris is charles to go airports could be left without fuel as french oil refineries remain closed but the country's transport minister says airports are being supplied with jet fuel and less than two percent of service stations have run dry comes as hundreds of thousands of workers have been protesting against government plans to raise the retirement age meanwhile in belgium rail workers now begun a twenty four hour strike yes to decision to privatized the railways cargo hauling division. violence has left at least twenty five people dead in the pakistani city of karachi ahead of a by election to replace the politicians as needed in august police believe the violence was linked to gangs controlled by rival political groups there and there
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are fears the byelection could result in fresh violence the death of rosa hyder two months ago sparked glasses that killed at least one hundred. three inmates have been killed during a riot at the largest prison in haiti's capital port au prince and two were shot while trying to escape from the group and other was trampled to death seven foreigners were briefly taken hostage by prisoners as un peacekeepers cordoned off streets around the facility. coming up soon our special feature on the u.s. state of alaska for more than a century was part of the russian empire before it was sold to america. it's the secret incursion into the country. it's the invasion by means of. tradition the language. so this is the first to go feed the beat
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of the. culture. the had the dems are still unaware of what's going on in their mind the stuff that's going to. i don't know anything about. the great. and i can see that in just over an hour here on our team also the latest business news where you are coming right up after a short break. for the full story we've got it for. the biggest issues get a human voice face to face with the news makers.
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hello and a very warm welcome to the business program the privileged regime for foreign carmakers is likely to come to an end next february that's one of the made on russia spots to the w t o in future for in comic us we'll have to produce cars instead of assembling them and source the parts locally reports. this week for japanese company to rad opens a joint plant with gaz group subsidiary. to produce heating element another car parts. currently our strategy is based around one consumer gods but we do plan to extend our business in russia and work with both japanese and other
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foreign carmakers our goal is to find new consumers by twenty twelve. foreign spare parts makers are more than welcome johnson controls magnetic moderately among those working in russia but it's easier for them to enter the russian market with the help of a local giant we have a very good supply base today but in some cases we need new technology and then it makes sense to us for importers to localize. this september the ministry of industry and trade announced new rules become makers they should raise output to three hundred thousand cars a year from twenty five thousand and double to sixty percent the parts that they obtain locally this would boost the local components industry but industry insiders say it's too much too soon these requirements could be made by very few companies for example these are most in that the russian o.e.m.'s who have the largest volumes and potentially some of the foreign oil we are enjoying good market share
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already are selling above one hundred thousand close to one hundred fifty thousand the ministry of economic development is not favoring these very strict regulations and they are proposing an alternative way chase much more flexible. however not well defined in there so i would imagine the ultimate decision will be some sort of a compromise few cars nowadays have a national identity they contain parts from around the globe ironically international carmakers sourcing more of their parts in russia could turn out to be more russian than the better known domestic brands. business ot. banks having a lot of capital minimum risks and serving customers through skype the chief financial officer at one of the leading euro zone banks in tests and policy says that is how the hope banking system should operate after the financial crisis jenna
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because spoke to carla messina. for sure in the future a banking system with more capital but more liquidity and less leverage because a liquidity leverage where there are many reasons for the crisis and also looking at the customers the need is to be in a position to try to satisfy the customer because in these two years all the clients. reduce the trust in him bank or they use their loyalty so we need to recall where the relation we. are and we need to to act in such a way to make. him profitability sustainable for profitability for the future how will the companies and people feel these changes we need to to to
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to put in a position the client to feel more quality in the service less prize. they ever to be a p. with the relation of the bank or the point is not only communication but two to two month relation we differ in distribution channel because we have now in a very massive especially middle of very massive r t two to use our brains probably we have to move with the more we have to a way of of making a relation with the client so we more or less banking with the doctrine of course to serve the two or four for our clients. now let's look at the markets asian stock markets are mixed on monday with total stock rising and it trading meanwhile master is falling on of course ford motor is set to sell the majority of its stake in the japanese carmaker hong kong saswata klein a asp resource sector stops and h.s.b.c. holdings fell on
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a distance planes. but russian markets ended the week mixed with r.t.s. . losing a third of a percent and my six zero point six percent. top again as both are more than one percent oil and gas companies was an f. gas from and look well ended the week in the red. emerging markets stock stocks continue tracked in cash last week as investors look for foster growth than they thought they could get for more mature economies time monday chief strategist from bank of greece gave archie his opinion on the market trends we are about to see this week investors in russia are going to be cautiously bullish through the week and i think that will be again a function of economic data that's coming out as we've got u.s. industrial production coming out we've got u.s. leading indicators we've had a good set of reach ourselves figures already out and that's underpinning some confidence in the return of the u.s. consumer and that filters through some larger markets will be looking for more
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evidence from the fed to support calls to be easing evidence of the extent to which the credit card support wants to be easing and importantly the market will be looking towards from close to gauge the extent to which the capital that is being created from loose monetary policy is flowing interim urging markets in india china and porson leap into russia. that's all the business can get more stories small website r.t. dot com slash business. wealthy
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british style old sarum is not on the rise. in. markets financed scandals find out what's really happening to the global economy for a no holds barred look at the global financial headlines to name two kinds of reports on our. every month we give you the future we help you understand how we'll get there and what tomorrow brings the best unsigned sendek to.
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