tv [untitled] October 18, 2010 3:00am-3:29am EDT
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in india g.'s available in the grand central shirts and the. tallest president to the shooter lane which resembles none of beatriz's book closer to home depot charges the cement hotel pundits hotel closer in the radio to leave the joint see how it turns shirts in new delhi who took the baby her turns carrying collection ramona clothes and. made. part was a movie done medicine shift it was punished but they protest comments.
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about 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 life. but was to comment they were still to go was in the works you know there's more to tell. britain prepares for massive cuts to public services but economists say it may not help prevent another financial fallout because the government hasn't learned the lessons of the last collapse. and five star hotel or a homeless shelter in new yorkers are lacking in either the survey suggesting the income gap in the big apple is now wider than in india. it is alarming am in the russian capital you're watching r t with memory natasha welcome to the program now the daughter of a russian official who rammed her car into two people killing one is facing
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a retrial a russian court says there were major violations during the first hearing allowing the woman to go free. now this case is just one example of what critics say is a trend among the children of rushes only to live recklessly beyond the law sarah ferguson went to meet one of their alleged victims. when valarie three day it was no use down by a car it was the beginning of a long and very difficult to recovery it was the best bus stop the following was not the out there see that was five years ago and since then he's been on able to say that but investigated he suffered horrific injuries and the memories of that day still very clear in his mind. i remember exactly how it all happened moment by moment my friend and we were standing here as we parted to cross the street on the green light i remember the green white river green had turned and
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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 did make it to the civil courts. we asked for three million rules in compensation she was sentenced to paying one hundred 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 it appears she was just a poor student with six hundred roubles a monthly maintenance allowance. for larry made eight attempts to have criminal proceedings launched but was refused every time. if an ordinary person had been in her place they would have faced criminal punishment long ago the incident is too serious to refuse to open a criminal case this seems to be
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a consider 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 an ash seven k. knocked down two women killing one and severely injuring. another images of her checking the damage to her car and not the victims caused outrage a three year suspended sentence was recently revoked she to problems with the legal proceedings but the case will be retried saying. a patent can commit a crime kill one person and injure another 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 them in response to larry made an
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online play to president dmitri medvedev. i hope for your objective help mr president. an investigation into the legitimacy of the refuses to launch criminal proceedings has now been ordered. i made my own my statement not because i want compensation from my house because i have been accused falsely and because of all the corruption i want justice. with the full investigation yet to be conducted abuse of her remains in the driving seat larry left to slowly rebuild his life with the help of friends and family. chelyabinsk region 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
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economists say the financial doomsday hasn't even happened yet and politicians are learning the lesson of the last crisis artie's war and 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 worse still to come i think the world should probably 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 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
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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 a terrible hangover in a new book the gathering storm a group of finance he has got together to say that governments have learned nothing from this crisis policymakers are up. old models in their economic projections and that could lead to inflation hitting ordinary people hard looking at the fiscal position in terms of the size of the deficits that governments are running in relation to the size of the economy is yes we are we're facing. sort of conditions which would be more. water time than with
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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 a political perspective and overall feel good. 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. i mean when the tax man starts chasing people who can't buy even though 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
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pigeons nor am it r.t. london. while the international monetary fund is struggling to boost economic recovery and prevent currency wars the latest meeting in washington fail to reach a breakthrough later peter lavelle and he's crossed i guess discuss whether the iron map has any relevance in the modern world. does it make sense for the united states to be borrowing money from china so that it can lend it to countries like greece so ukraine it doesn't make any sense to me and it's policy which we want which i would want to show that we ought to give the i.m.f. two missions one to help countries that have done nothing wrong have not created big through school deficits big inflation we should help those countries when problems arise in their neighbors sector and we should use the and the i.m.f. to gather information and provide it how can the i.m.f. be relevant if the u.s.
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and other large countries don't have to listen. if we didn't have the i.m.f. the only way that countries would help out other countries would be highly politicized based on you know whether you have ethnic immigrants from that country and all kinds of extra political considerations and it would be very hard to make conditionality stick conditionality is by word of i.m.f. program. in just twenty minutes time here on our team and also i had in this this hour of brainstorming and bridge building. the french bank town deville both russian and european leaders for a chinwag to warm up the wage. and u.s. policies in afghanistan aimed at destabilizing soviet forces decades ago by bam find out why americans are losing jobs that's coming up. now it's one of the richest cities in the world home to bankers expensive real estate and luxury
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stores but recent figures suggest the pay gap between new yorkers is now wider than ever are too nice to see a jury in a reports on how the big apple is split to the core. the lucky few are shopping for shoes where thousands of dollars to chanel's and just a wave of a while it away just a few steps away a person with their entire life belongings in a shopping cart look serious 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 a small number of stars who make vast salaries and where the majority of people have too much money at the end of the money last year one and a half million people were registered living in poverty in new york meanwhile the
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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 or what i have 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. parity. realtors selling luxury property are not
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afraid of going out of work probably the most expensive. a million thank you your head is rebounded quicker from the recession in two thousand and nine then 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 of 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 a mere three hundred dollars this is thousands across new york phil homeless shelters with no room to spare and he terms one hundred eighty five i have put you to one hundred eighty five with each meal while the number of people relying on
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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 more than they were working on a story about the gap between the rich and poor in 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 gap going to keep growing 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 the city's mayor is considered the second richest person in town and. new york the tiny french resort town of divel is hosting an international brainstorming
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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. as are reports. the tranquil setting of the french seaside town of derby is expected to be the perfect backdrop for the so-called troika dialog with him in the visit and his colleagues in the protests are cozy and angela 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 but they're bringing 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 a visa free regime for russian citizens is expected to be brought up in the discussions russia the citizens at the moment are requested by the shang an
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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 items on the agenda as wealthy economic crisis and its effects on to europe on by a lateral and european trade with russia of course the framework with which russia is prepared to cooperate with nato the north atlantic treaty organization and various other aspects of cooperation between russia and nato as well all of the leaders saying 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 by a lateral meetings are scheduled for the agenda well we'll of course be bringing you details as and when we get them cutting as our reporting their political
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experts much lochner going to believes 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 russia. well america is the real purpose of need to but keeping germany down the russia did missions. and more of that interview next hour here on our team. it's a day of mourning in the southern russian region affected by the weekend's massive flash floods at least fourteen people were killed with nine still missing almost
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four thousand have been caught of the illusion with many villages in parts of across the dar region swung by heavy rain the storm caused local reverse to burst their banks and led to mudslides in the mountains several sections of the north occasionally railroad log and bridges destroyed officials say the situation is slowly getting back to normal a vital energy and water supply is being restored. and the first of twelve u.s. soldiers accused of terrorizing and murdering afghan civilians is set to face court martial officials say the robot to into drugs and kill people for sport while commanders seem completely unaware of their actions artie's military contributor says the case reveals a wider problem there are lots of difference between the soviet and american experience in afghanistan but one of the most insidious. and the harmful difference is that it was cia who initiated their promotion of that drug distribution trying to undermine the morale and esprit de corps of the soviet
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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 it piecing narco farmers the united states has stepped on to the narcotics booby trap and the latest see at the case of twelve scallop scrapers and sports shooters demonstrates to what extent the u.s. drug store policy in afghanistan has backfired according to the latest data the whole platoon of the stryker brigade was heavily on dough even before their
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deployment from the continental united states to a khandahar province as a result of these bloody 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 and here's a taste of what else you'll find right now at r t the. u.s. trade unions are under fire for neglecting their duties the leaders are accused of spending more time looking out for their own political interests the rights of workers. and the world fashion these days are flocking to moscow's model struck their stuff in the catwalk some russian fashion week more on the latest collections have to r.t. dot com. let's not take a look at some other stories from around the world and people in their homes as
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a super typhoon has hit the northern coast of the philippines many schools have also been closed amid high winds and heavy rains prompting concerns of floods and landslides it's four years since another storm in the country triggered mudslides and left about a thousand people dead. and that same time food is heading for southern china where heavy rains are already causing chaos almost half a million people have been evacuated from villages and ninety percent of the region has been flooded causing damage to roads schools and infrastructure refugees are being put up and government buildings and schools. there are fears that paris is charles de gaulle airport could be left without fuel as a result of the strikes at french oil refineries but the country's transport minister says airports are being supplied with jet fuel comes as hundreds of thousands of workers have been protesting against government plans to raise the retirement age meanwhile in belgium rail workers have begun a twenty four hour strike against
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a decision to private eyes that were always cargo hauling divisions. well crosstalk is coming up about ten minutes time here in r t but before that we'll check out the latest business news with us don't go away. that's right time to have a look at the world of business russia is moving closer to a new deal. on increasing gas deliveries to poland and just transit to germany and it green meant between moscow and warsaw was negotiated last year but was assigned due to warriors it was incompatible with e.u. level it ensures ten billion cubic meters of gas a year until twenty five to seven from poland which imports around seventy percent of its consumption from russian gas from powell's got an awfully p.g. and i g a now working on the details and expect the contract to be finalized within the next two weeks. the privileged regime for foreign carmakers is likely to come
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to an end next february and that's one of the agreements made on russia's offer to the w.t. in future foreign carmakers will have to produce cars instead of assembling them and source the parts locally reports. for japanese companies to rad opens a joint plant with gaz group subsidiary risky machinery to produce heating elements and other compounds so you are no more currently our strategy is based around one consumer gods but we do plan to extend our business in russia and work with japanese under their foreign carmakers our goal is to find new consumers by twenty twelve. foreign spare parts makers are more than welcome johnson controls magnetic . 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 for importers to localize. this september the ministry of industry and trade
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announced new rules for comic 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 component 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 and already are selling above one hundred thousand close to one hundred fifty thousand the ministry of economic development is not favoring. very strict regulations and they are proposing an alternative which is much more flexible however not well defined in there so i would be made. in the decision will be some sort of a compromise few cars nowadays have
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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 r.t. . banks having a lot of capital minimum risks and serving customers through skype the chief financial officer at one of the leading yours on banks in tess and powell says that is how the whole banking system should operate after the financial crisis china because spoke to carla messina. for sure in the future a banking system with more capital but more liquidity and less leverage because of the quality 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
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the clients is reduced to a trust in bank or they use their loyalty so we need to recall the relation with. and we need to to act in such a way to make sure rescale. in profitability sustainable for profitability for the future how will the companies and people feel these changes we need to to to to 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 in relation we differ in distribution channel because we have now in a very massive especially need to leave very massive. to use our brains probably we have to move with the more we have to be used to a way of of making
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a relation with the client so we more or less banking with the adoption of course to serve the two or four for our clients. as have a look at how the markets are faring that's our stocks in asia into red this hour with next. just marginally losing and hong kong's hang seng percent hong kong declining us from source to stocks and h.s.b.c. holdings fell on overseas news mazda is falling on reports ford motor is set to sell the majority of its stake in big japanese car maker. russia the r.t.s. and the minus its all losing in the trade in all the major blue chips also into red . that's how the business news looks can get more stores small websites are to dot com slash business.
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. would be soon which brightened if you knew about someone from funds to impressions. means for instance on t.v. dot com. it's the secret incursion into the country. it's the invasion by means of. tradition the language still you suggest the best deal copied the beat. and culture. the thing is the have the dozens are still unaware of what's going on in the land still asking them i have no idea about stuff like nothing i don't know anything about them no less.
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