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tv   [untitled]    November 11, 2010 1:00am-1:30am EST

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as a group of twenty let's take a look at the front you have the u.s. and china the u.s. recently pumping six hundred million dollars into its economy essentially devaluation the dollar while at the same time asking china to revalue its currency europe is all about spending you have a success story of germany it's turned into an economic powerhouse by cutting spending all its exports have to drive the fastest growth in the country in decades to do was asking germany to lower its exports to spend more important more to join the team and help global recovery while pretty much back at home only taking measures to help itself some experts saying essentially act sporting the crisis to other countries pretty much the u.s. to put it in short simple terms is going to get somewhat of a beating people are not happy china sees the hypocrisy in basically asking it to do what the u.s. is not ready to do germany has defended its right to trade competitively and defend
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its strengths wall telling the u.s. basically it's recent q.e. two or the stimulus pumping six hundred billion dollars into the economy pretty much is a helpless move let's take a closer look at these currency wars parties alice hebert talks about the offenses and defenses in this battle over the box they'll be plenty of soul searching at this g. twenty for the south korean capital it underlines its economic awakening but there are major spots to iron out as countries circle the wagons while others try to cool the schulze then there's the problem to the north. this is g. twenty is being billed as the financial coming out of the end of to south korea proof of just how far the country's come in the nearly sixty years since the end of the korean war once poorer than it's an old and communist neighbor it now the thirteenth longest economy in the world. north korea may just lie some four
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kilometers north of this freedom bridge and demilitarized zone but economically the two are worlds apart the threat from the democratic people's republic was particularly large and solace in taking any chances with security forces on high alert but it's another conflict on the g. twenty leaders minds the outbreak of the so-called currency war the us lead the charge accusing china of cheating world trade by also officially weakening its currency it wants the one to be bolstered the united states is going to try and saying we want you to commit economic suicide just like trip ended we want you to follow the same thing we want you to revalue their currency we want you to squeeze your companies we want you to go bankrupt while you can imagine what the chinese are saying they're laughing their thinking are you guys and yet washington stands accused of allowing its own dollar to windle roiling emerging markets whose own
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currencies are rising strongly and damaging their export competitiveness complaints intensified after the federal reserve announced a second print run of six hundred billion dollars the quantitative easing designed to get cash flowing but with other economies warry will float their market russia's president medvedev wants the summits to agree that when countries like the u.s. take big steps to save themselves they consider the ripples it causes and get permission from the g. twenty first. the russian position is that we need to be more coordinated approach we don't want surprises from partners. we want. a more intensive. and central banks. and this can lead to great some stability in the markets among other leading critics of germany the world's fourth largest economy its finance minister calling the us helpless i don't think the u.s.
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is making its case any stronger through the measures that is taking through printing dollars to weaken its own currency because that looks far too much like a competitive devaluation one hundred european countries see it as a dangerous move because what it could do is increase the capital control around the world but that's not what barack obama wants to hear the president's call for germany along with china and japan to rely last fall bad dominant export markets and spend more and who is pulling all of death is the truth is that no one is happy with today's international monetary system especially the dominance of the dollar as a reserve currency and america's management of it and what business leaders want the g. twenty to realize is that nations will have to fight their natural urge to try and protect their own countries trade it should boost foreign investment and less if it r.t. sells south korea. but economists max fraud wolf told r.t.
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that american monetary policy looks like washington is trying to tackle its financial woes at the expense of others. it's absolutely true that the united states of late has made don't mess to clean policy that was short sighted and that did not consider the rest of the world even though it's a well known fact that if the united states undertakes actions like quantitative easing that decrease the value of the dollar this can have negative and severe rounds occasions in terms of global money supply and the value of other currencies and it could look reasonably in some cases like the united states is trying to get out of its economic trouble by exporting that trouble to someone else in the death so that sort of disaster of two thousand and eight and early two thousand and nine we did see a coming together with russian and brazilian and german and japanese and american and french leaders and british leaders coming together and trying to do things carefully so that each country could push its own situation up without hurting anyone else as soon as we began to see
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a recovery very different recovery in different places lagging in the united states we began to see this sort of every man for himself scenario and what these g. twenty meetings do is provide an opportunity for us to all get back on the same page or if they don't go well and it looks like they're not a real highlighting of just how different uncoordinated the policy is with the united states going its own way and setting a potentially dangerous example for other nations around the world to follow in the coming weeks and months. later r.t.s. speak to merican democratic congressman dennis kucinich about the financial situation in the u.s. he says the country's economy needs to be completely reformed. the structure of our system is wrong it doesn't work anymore for the average working person the american economic system when it comes to delivering to the practical aspirations of americans is falling apart look the economic system
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itself is the problem and the whether it's a democrat or republican in charge of it looking to faulty vehicle right now we have to change the structure of our economy or people are just being dealt out of the economy what you would expect people to do are mad. that you can watch that interview in full here in our team just over an hour's time . a riot spread out among the tens of thousands of students who took to the streets of london protesting government plans to slash education spending which could see tuition fees trouble struggling to reduce a large budget deficits the ruling party is facing on the rest of the deep cuts required to tackle its massive debts but as our teams laura reports and in the u.k. don't want to pay for its government's mistakes. social unrest in europe has spread to london what's thought to have been up to fifty
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thousand students from all of the u.k. protesting a the having to pay three times as much for their university courses while education spending is slashed it began peacefully but descended into a bra it is tempers boiled over outside the headquarters of the ruling coalition's main party the conservatives protesters banners break windows and stormed the roof throwing projectiles on to police below witnessed is a. demonstrators were divided as to whether the violence undermined their cause i think this is a reaction by the group of restraint by government who is acting in an extra constitutional mana stat this one's well first i guess that's what we're dismantling the whole question with those who choose to be the stewards of all of roadways diffuser process joining previous choice. breach was also vented at the coalition partners the liberal democrats they'd promise to phase out fees completely in
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a pre-election pledge for the students it's a u. turn too far as they told politicians don't make us pay for your mistakes it promises it to us your fears will be increased have just been wiped out even though the government claims this is necessary to help the home whatever we know for a fact there are many other ways you can help including try to craft a way to be roosevelt right in my generation which is the baby boomer generation benefiting from education. which was then perceived as a public good about. why was it put education cuts just poss of the pain for hard up britain's spendings being slashed by up to a quarter across the board health care defense and benefits for the less well off yet money to pay for the european union will rise next year prime minister david cameron is promising he won't spend more than the extra seven hundred million
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dollars earmarked but in a huge budget negotiators says that's not true it will be closer to a billion cash which critics say is money down the drain. we're sending forty eight million pounds a day forty eight million pounds a day to the i mean that's a huge amount of money i mean you know our cases are going to pull out least have a referendum and so on and pulling out would be say when that's all money we can you know we can look at all sorts of other you know savings and all these vicious cuts that you know that cameron and clegg are bringing in what's likely to make cash strapped taxpayers see red even more is that for the sixteenth year running e.u. auditor's have rejected the books saying over ninety percent of accounts have irregularities from awarding dodgy farming contracts through to rampant inefficiencies when the us tears the measures were announced last month that it needed to be any tangible response from the british people and that may blow the government into
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a false sense of security that protesters laying siege to conservative party headquarters something they'll probably buy god's will or the rabbit. but on the way in the program left right left thousands of young americans watch off to fight in afghanistan some veterans say youngsters are being led into trouble and government. officials in russia's republic of chechnya cracking down on an ancient tradition of marriage making which they say goes against. for some more news making headlines around the world this hour the u.n. says israel's easing of the economic blockade in gaza has had little effect on people living that certain restrictions on consumer goods were lifted but many still remain as well as a mere total ban on exports the blockade was imposed in two thousand and seven but was eased. following international pressure to israel's attack on
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a turkish aid flotilla. the death toll from cholera across haiti has risen to six hundred forty ft. more as aid workers fight to contain the spread of the disease in the capital thousands of people with cholera are in hospitals across the country with fears the epidemic will spread because of the water supply in contaminated after last month's hurrican rians are now said to be a risk of catching the disease. more than one hundred families have left a mexican border town the increased drug related violence residents have fled fear that the heir to a neighboring town after an american tourist was killed in the area powerful drug cartels are blamed for a significant rise in. the past five years. as america celebrates veterans day the number of its troops heading to overseas wars is on the rise but so is the number of soldiers refusing to fight it desertion
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rates among the american military has shot up three fold all to learn this to better an iraq veteran who couldn't take anymore war and says others don't have to either. autumn in new york the leaves red and yellow reminders that seasons change green becomes obsolete for people to meet sergeant sure rowe first name mathis u.s. army all formerly and now but there are vets who are anti military i'm one of them you know there are vets who are anti american specifically because of what they experienced and i'm one of them he keeps moving forward as a college student and activist trying to create change. because he can't turn back time i came to that conclusion that personal conclusion that we were actually not just we hadn't just made a mistake but we were and continue to be in violation of the law to wage the war in iraq that i said it is imperative that i not go the math as took the military head
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on resistance even if more quiet is becoming more common since two thousand and four the number of soldiers who have gone a wall in the u.s. army has gone up two hundred thirty four percent according to an army report i would say it's an extra probably linked to the wars in iraq and afghanistan to repeat deployments to even abuse within the military realities perhaps not told to young people when they enlist they use a lot of different underhanded tactics to recruit youth into the military here you can see some of those after we are you can be a basketball game behind me the west point military academy drill team is performing because it's military appreciation night sponsored by the u.s. army and it's also a student rewards night were students as young as grade school had been given free tickets to the game. so it's also a recruiting opportunity is what we like to call this kind of community relations
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if. it is to compete with creating events as well as outside a souped up humvee welcomes kids from this poor new york suburb. off their bus the pretty awful hopelessness of virtual reality and video games market flying drones going into battle and firing weapons you know they don't have. you know feeling suicidal again today video game inside g.i. johnny draws a crowd and the future soldier trainer game as it's called you just showed you draws a new recruit who recently enlisted. to be ever shot around on. the map this is nothing this young man knows will prepare him they say your travel the world and you'll meet interesting people. is really going to be basically. these promises are sold but something's missing they never address the brutality
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they always leave it out they just they just say oh you know what the military is like you know if you knew you've played some shoot 'em up video game one time but war isn't a game and the us military experience doesn't fit into a half time show and looking from a veteran on the other side of it do this with mild across a jacket to a soldier about to embark time almost stand still i also know. that seasons will change and time and its soldiers will keep marching on lauren lyster r.t. new york. we've got plenty more few to discover on lloyd including blogs features on video here's a taste of what you can find right now it's dot com we constructing the russian capital authorities reveal their strategy to beat traffic jams new plans affect public transport supermarkets and kiosks all the details of the city's transformation that. plus the moscow metro has been described as the most
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beautiful world but it's also known as a place for beautiful music explore the sounds of the underground these musicians. few. women in chechnya are said to be scared of leaving their homes as many are kidnapped and forced to marry someone they don't know authorities in the southern russian republic have condemned the practice implementing laws and fines yet many women still live in fear. over reports. it is a moment of families torn apart a church and bride and wilshere remains a ritual rather than an outrage the man simply chooses the woman he wants and forcibly takes her but the kidnapping of one young girl called him on one terribly wrong. i knew she went shopping bag. loans we had it
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good outside and saw her being kidnapped yes she was shouting we saw. the kidnapper and his accomplice grabbed him on jumped into a car and sped away but a short way down the road they crashed into a big truck. and a young girl. when they were driving here they crashed in the old. school so there was an awful tragedy the car was just a piece of metal you couldn't tell what car it was. some say could lend brights ones and occasional blood religious leaders and churches strongly disapprove and no laws have been brought in to correct the practice because that is as i'm able to go to the corner chechens never had such as this is forbidden in islam every friday i say during the. this is it's a sin. and those who commit it will be punished during this life and on the
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judgment day. the girls who've been kidnapped rail a brain does matter to a courtroom as such a case may be considered it is graced by war but they never forget about it result no one saw the experience forty years ago should have to shop and was heading home when it happened the news they weren't taking me away and i didn't even know who was kidnapping me it was several men in the car and then you know one only on the second or third day did i find out who i was telling people. reason remembers the day she spent not knowing what was coming next lost and frightened she had no choice but to stay with her kidnapper because youngest daughter was almost her age two months later resign or ran away but her life was changed forever . this really is the big tragedy because your life doesn't belong to you when you longer you can't mend it almost if you were kidnapped at all even if you spent two
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or three days there and return home you're not considered a virgin you belong to someone else in the world but now churches get in tough on the practice with the new laws. i think lose lose for the global issue i think many families where girls are brought up to feel themselves musak you are probably a much loved righted lovers will face a prison sentence and have to be over so it is sold in dollars in fines to the girl's family even religious leaders forcing the girl to marry her kidnapper will be punished isn't all there appears to be a strong support goes in to snare you to see whether the old tradition has been ended only on paper or in reality to us on the record so far to you from grossly. a few moments shots will bring us all the businesses are still with us. for the full story we've got. the biggest issues get a human voice face to face with the news makers.
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which brightened if you move. from stupid. don't. follow welcome to the business program here in r.t. with a shawl i was folly gasper with supply no less than ten billion cubic meters of natural gas per year to south korea starting in five years time the present russia supplies to asia just liquefied natural gas in modest volumes the past delivered to the region as much gas as it sends to europe touch and perk over ports. asia in poor
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it's just one twentieth of the gas that russia supplies to europe japan india and south korea receive aid billion cubic meters of liquefied natural gas from russia by tanker but there are reasons huge room for growth visiting small head of gas pramod like say miller sees these market alone expanding by fifteen percent within the decade. but not as in our korean partners are interested in increasing the gas supply into the korean market and today we agreed with the coal gas company on the fact that we move to the next stage of negotiations gazprom is also in talks with china as ever as a sticking point is prize gas consumption in china is expected to balloon to two hundred billion cubic meters a year offering a new export markets for russia but analysts say russia should keep its western gas fields for europe and supply eastern consumers from annual tap first of all we must
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think about the result for the action in spite of frustrates very important us because we know that the future for us in this industry in the east part of us not in the west part of russia because of the decline of production on our you could. see the fields and that is why it's a very simple to us with of the new market we have the new fields which are not far from this year what is the key to winning the asian markets is such an island in the far east holding last hydrocarbon reserves gastronomy is accelerating its second three gas project to come on stream by two thousand and eleven if you have a business are to. the russian president dmitry medvedev has called for better access to domestic and foreign capital to small and medium sized businesses to spur global economic growth speaking at the g. twenty business forum in south korea invade if the banks may need further encourage mint to work more actively with s n e s hears the group of twenty countries to
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consider smaller businesses the government orders on the issue of a global currency system and it is that russia will not use any strong measures in its monetary policy that's despite suffering problems like rising inflation this year has already reached seventy percent. and a government scheme has been put into place to ensure a study inflow of foreign investment is a caucus region in an exclusive interview with r.t. presidential envoy to the north caucasus federal district alexander had born and explains the government's plan. from next year the government is ready to offer a guarantee to investors it's not means that if they invest money the government of the russian federation will take on risks to the tune of seventy percent of the investment value and the remaining thirty percent should of course be taken on by the investors and the banks involved in. the amount of the government guarantee security for the following year equals a billion rubles which is
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a very serious commitment to save the investor from any risks that might arise in the caucasus region. and you can catch the exclusive interview with alexander born in full hour to saturday but time now to have a look at how the markets are performing and asian stocks are up shrugging off or course a rise in inflation with energy of a larger stop along the game that saying is gaining more than one percent this hour and japanese shares of climbs in tokyo. by exporters lifting the nikkei right. here in moscow both horses and wednesday's session in the red they are to. around one and a half percent all the main players finished lower with energy stocks the major shares fell two percent on the lies that was the biggest loser ending three percent lower. compulsory fire insurance may relate for another two years according to one of the country's leading insurers in september president dmitri medvedev called for
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a tory fire insurance for every home after the fall of devastating wildfires but the general director says negotiations alone will take two years. but. only talks on how to implement mandatory fire insurance in the country when you talk of ensuring apart means ensuring liability and possibly talk about countryside . deals more with property insuring the states hasn't made its decision yet i think talks will go on for at least two years and the implementation of the slogan. in two thousand and thirteen or even two thousand and fourteen in the coming two years it will want to fade the recovery of the insurance sector. and finally russia's economy could grow it and i know five point three percent in the first quarter of two thousand and eleven as according to a report by relations company the russian investment bank said because we could grow next quarter of
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a false just pace since two thousand and eight as government spending rebounding consumer demand and banking lending continued to supply recovery the nation's capital did save the table g.d.p. growth expected for this year would only be a disappointing three point seven percent. that shop day for this album you can always find all stories on our website r.t. dot com slash business.
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this is just a parliament building in. them. sixty five years ago. it was the final target. major offensive for the army. its country became the symbol of the foremost financial city of. victory over nazi germany. the follow. on r.g.p. . now you know with r t the main stories we're covering for you this out so hosts a meeting over global powers as a group of twenty gather for a two day summit talk about the economy crisis prevention hot topics up to debate
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or shared recovery and consumers. ballance breaks out in the streets of london students protest against a hike in tuition fees and the government it says has broken its promise its demonstration resulted in dozens of unrest student leaders and politicians have condemned violent turn of events. last selling a fantasy as an us pulls out all the stops to recruit soldiers some veterans when it comes to being related to the false pretenses they claim video games and ad campaigns don't portray the reality of the truth on also many desert once they become disillusioned. next talk show spotlight on today's guest is john coton found undirected of the g twenty and g eight research groups. for the full story we've got it from the biggest issues get a human voice.

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