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tv   [untitled]    November 12, 2010 2:00am-2:30am EST

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it is in the south korean capital with more details on the gathering. the so called courage seaborne the related case you were going to trade imbalances has really dominated discussions here at the g. twenty in seoul in the run up to this summit american that the charles pointed the finger of thinking accusing us of keeping its one on which to feast exports that person is competitive in the process that state has also been controlling by all of that david cameron and the united kingdom on these two mobile trades at the u.s. has also turned to biggs also countries like china producing like germany and the last thing them suman less than that dependence on exports and spend more money to increase their trade so this is not of course intended to kill said current massive american trade deficits however that suggestion has a penchant for no but death is it was so cruel some
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a crisis of double standards critics pointing to the federal reserve accusing us of a truly believed until about us and then of course there was special announcement last week since i said that it would embark on a second round of want to be using six hundred billion us dollars plugs into the economy does prevent some of course i'm not saying that the problem is but also from big major economies like a chimney but everyone is hearing to present a bull in the suggestion that what's good for american economy is good good well we are expecting the spinal communique at the end today to know it's reach a resolution on the c.c.u. of currency valuation and trade enough to spawn a south korean president that saying that he was hopeful of such a resolution however we will find. the mention the over mechanisms to promote a policy change or growth through coping of protectionism thus a major topic of discussion here. from penn state i'm going to be nice and. these
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times and i'm going to want also mention of tightening the banking regulation of. financial structures and come on back on the old bank of bolstering all the foreign direct investment and a commitment to free trade and hold all think he issues and how some will be in overshadowing funding so i'm going to call in some things joining me now which is leads a prima director of capital markets research the g. twenty summit to pursue more of the issues that have been on the table at this g. twenty summit many thanks for joining us here thanks for having me. this international spot so you have a currency the name of the land of the delta does that mean that he made to headway all mountains throughout the summers i think what you're going to see actually is you're not going to see a lot of headway unfortunately through october this this issue really a rose to a feverish pitch you had brazil coming in and basically talking more about the
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capital inflows that it and other emerging markets have have had to deal with and having their own currencies inflate i think you know no country wants to have to be told what to do so i think as as long as there is a lot of pressure on china i think that china is going to stay exactly where it is they made a move a bold move by chinese standards before the toronto summit and letting you know having somewhat flexible exchange rate i think with the u.s. . with the quantitative easing everybody feels that the u.s. is playing a currency manipulation but the fact of the matter is is that the u.s. doesn't have a lot of options left on the table to the u.s. is going to be disappointed that it's the mushy gushy and for implements it's being too like china on the gym used to call their sentences i think it is a little bit disappointing this was something that was mentioned at the toronto summit where everybody agreed that you know people everybody had to work together the surplus nations you know not only for the ones that had deficits but for the
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other export. nations so that they would be allowed to compete as well and let their economies grow a little bit so i think it will be a little bit disappointing i think you're going to see some guidelines come out of the summit which is something that before wasn't even on the table so although particular and specific language is not something that we're going to see no commitment to firm numbers i think that with guidelines it's a good first start and so really do you think is the fear the one of this school countries trying to start looking after the rain as you can even to do with increased protectionism something that has been ones against very strictly by david cameron and i because. i think it's a very real possibility i think countries are starting to feel like they're getting backed up against the wall there's a lot of rhetoric out there about currency wars and we never lation and so then countries start to look at what they can control and that's their exports and their imports more importantly so i think that you are going to see unfortunately you
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have seen over the last couple of years even though everybody committed to stay away from protectionism you have seen a lot of different protectionist measures come into place so this is this is something that is potentially a very real worry ok deplane and many thanks facing so many thanks for joining us here on this having me that's it for now do join us for more those we continue to call the progress here of g twenty summit insult. size hit reporting and of course we'll have a lot more from seoul throughout the day while meanwhile gerald and then today from the trend a research group says another financial crisis is just around the corner brought on by washington. look at the united states is doing we said this with all the people were talking about the elections of the midterm elections november second we said no no watch what happens november third and we'll see what the federal reserve does and what they're doing is they're devaluing the dollar as everyone knows they're
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driving commodity prices through the roof because most of them are based on dollars go back to november second gold was trading at one thousand three hundred fifty four dollars an ounce today one thousand four hundred eight dollars an ounce everybody should prepare we've been saying this since the beginning of the year watch for the crash of twenty and the crash is happening in not in slow motion in a high speed in front of everyone carol so then to their well the russians have finance minister next a could in the has warned that if some countries keep trying to obtain competitive advantages officially keeping their currencies know it could lead to a surge of protectionism and you can watch our full interview at nine thirty g.m.t. but here's a preview for you. i think this problem may get worse if
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some countries will strengthen for example the ruble by weakening their own currencies and trying to gain competitive advantage of course it can force other countries to use different defense measures tariffs or import restrictions so we need to find a common path without mis balancing the interests of different countries. working with palestinians are supposed to provide a vital help to the people but israel says they're only provoking trouble as a result of the israeli interior ministry has been withdrawing work permits for aid workers critics say anyone who sympathizes with palestinians is being branded a terrorist. well you know. there are the visitors israel doesn't want activists from around the world who come here to photograph and protest
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palestinian suffering where most of the n.g.o.s only bring more fuel to the conflict make it much more harder to solve the conflict bring more hate to the conflict and they have huge he kidnapped the terrorists human right which is why from the beginning of the year the israeli ministry of interior started doing with permits from international n.g.o.s oxfam save the children and medicine some pontiff have all been affected everybody who voices a pro palestinian view anybody who supports justice propels and palestinian refugees is an enemy of israel and says pro quo a terrorist i simply don't buy it and i don't think there's evidence that someone in tunis say they have no choice but to do their work illegally emily's origins a palestinian but she can't live here because she can't get a visa for a while she managed to evade the israeli authorities by leaving and returning every
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three months and lying to them that she lived in jerusalem but they eventually cautioned on and have given her one month to get out the more visas you have in your passport the harder it gets. getting from initially it was more being overwhelmed and really understanding you know which borders to you is how to speak you know how to talk to the soldiers what to say what not to say n.g.o.s monitor is an israeli organization that tracks non-governmental organizations working in the area its staff won't speak on camera but they haven't shied away from writing on the net. this web site accuses several charities working in the west bank and gaza of having links with terrorist organizations here it says that the palestinian children's welfare fund owns a hate filled website dedicated to the glorification of jihad and the denunciation of israel there has been no evidence whatsoever and no cases that anyone's heard of
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a people in n.g.o.s committing any kind of violent storms on stones in the grenades i'm on i.d.f. soldiers and who is helping them you see a blonde girl from switzerland who i don't know where eighty mormeck speeding cars are for six months and plans to stay six more he's a volunteer with the international solidarity movement which israel claims has terrorist links different wanting to cross into the west bank he's a human rights groups credible throughout the world and yet they are being stopped from entering many times in the u.n. report richard falk was stopped from entering so this stretches up to the united nations for many n.g.o.s the challenge remains how to draw attention to the work they do without getting kicked out of the country many israelis continue to question the work they doing in the first place policy r.t. israel. plenty still to come for you this hour including. it's dangerous and it's expensive so why do many georgians still continue to choose
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cigarettes over bread that's coming up later. there are claims that last month's yemen bomb scare was all part of a publicity stunt by american intelligence and security services to sway public opinion before the midterm elections explosives were said to have been found inside toner cartages on two cargo planes heading to the united states but now some reports suggest there weren't any bombs on board at all investigative journalist wayne madsen says journalists anywhere. accustomed to stories not this popping up that is going to the polls. well i think we have to look back at past instance for example the underwear bomber flying to detroit from amsterdam who was allowed to basically board the plane no questions asked we had the times square fizzle bomber where something fizzled in times square in the and they guy was sitting there
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waiting to take off at kennedy airport and when the federal agents came in he said i've been expecting you what took you so long i mean here's another case now we're being told that this u.p.s. cargo flight was either going to blow up over new jersey new york maybe upstate new york maybe pennsylvania and maybe canada it seems like once again we've gotten one of these stories that may have been engineered prior to the election we're always sitting here in washington waiting for october surprises before major elections and this may have been another october surprise i think we've seen skepticism from the government of qatar from yemen from the united arab emirates i think we're going to have to wait to see if there's any some real smoking gun evidence that comes out right now it's all very anecdotal and can conjecture all at this point. some other international news in brief for you this hour. iraqi leaders have ended eight months of political stalemate by supporting the reappointment of the area as
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prime minister but a sunni backed coalition led his main rival walked out of the parliamentary session in protest before the vote they claimed all the political blocs were not keeping a promise to vote on the power sharing agreement and they say the action underlines how. government is likely to be. an attack on an anti terrorist police headquarters in pakistan's largest city kharaj as the twenty dead and at least one hundred injured taliban fighters who claimed responsibility exchanged fire with officers that the criminal investigation department and detonated a massive car bomb becomes a day off the same unit arrested several wanted militants in the city the blast took place in the evening rush hour in pakistan's commercial capital. the government of iceland is investigating whether the us embassy in the country is spying on us land citizens inquiry was
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a doctor three other standard neighboring countries similar probes u.s. officials say no espionage is taking place but the embassy does have a counter surveillance program to protect from security threats they claim security was tightened the tax on u.s. embassies in africa in one thousand nine hundred eight. now been bad skin gather teeth and an unpleasant odor just some of the telltale signs of the hold tobacco has on people but according to the world health organization a regular smoker is a shortening their lives by some fifteen years and that's all it is only going to school reports from georgia the strength of the addiction for some means choosing fags over food. no smoking no way they know about the dangers they say it is too expensive yet many georgians choose to smoke social pressure and economic problems notwithstanding like many naive took up the habit in
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her teens. my father left cigarettes on the table i was curious but picked one up and have been smoking since that day she says smoking never interfered with her day to day activities and she doesn't intend to give up any time soon. half of my salary goes on cigarettes but i don't want to quit it's the only pleasure in my life i can afford. a study conducted by the tobacco control alliance showed that almost forty percent of all georgians including children and the elderly are smokers and tobacco n.g.o.s say the number of youngsters taking up smoking has more than doubled over the past five years every pack of cigarettes sold in georgia there is the clear message smoking is bad for you for good mature aging so long cancer too hard disease the warnings are all there yet many georgians continue to light up even if they do we have to choose between buying food or about the smokes
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. going to try it is one of those who would like to quit but says he simply can't he gets through four packs a day despite having undergone a coronary bypass two years ago. i wake up and immediately have a cigarette the money our money she's buying cigarettes other buying bread said. gilly knows his health problems stem from smoking but says he was powerless to change so why do georgians continue to indulge in this harmful habit some believe there are several factors at play in around fifty percent of our. business in georgia. part of shared. by we have seen. on them. because in a. huge. country
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the tobacco control alliance is trying to work with the government on stricter control of tobacco sales and advertising in the country but for now coffee and cigarettes remain a favorite pastime for many georgians. georgia. and we've got plenty more few to discover online including blogs features videos and a lot more the taste of. a russian the prisoner has the violence and. getting into jail training you don't fret. about. crime you know it's. also the ugly side of beauty great cosmetics might. real price to pay for missing something but may be much greater. and smelling good can turn out bad more on the website.
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of the places i was shot at that's next. welcomes a business program here with me shot live with ali g. twenty summit in south korea struggle to reach agreement on key issues which could affect the recovery of the global economy politicians fail to find common ground on currency devaluations as well as trade imbalances. the reports in the divisions in seoul. reports of raised voices behind closed doors contrasts sharply with the image of unity two years ago then the leaders of the g. twenty studio united in their efforts to avoid an acid crash turning into
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a global depression now member countries are divided on key issues the last g. twenty meeting pledge not to pursue currency wars since then the u.s. and around six hundred billion dollars of stimulus to drive down the dollar this conflict a problem leads to a more volatility all the. exchange currency market. i think but the very base of the bet for the world economy even former u.s. federal reserve chairman alan greenspan stepped into the fray saying that the u.s. should not devalue its currency the move has divided emerging markets brazil condemning russia welcoming a new wave of capital inflows russia could actually benefit from that emulates in a different situation to the other say so-called bric countries russia has not had a substantial amount of capital inflows in the last couple of years in fact quite the opposite. flaws in the last two years total almost two hundred billion so it
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actually could do it reversing some of that in taken some money back a proposal from the head of the world bank for a new reserve currency met with silence in contrast with a desire in two thousand and eight to create a new world financial order on trade the g twenty is also struggling to get the world's leading manufacturers not just to sell goods but to buy them as well along with china germany opposed a u.s. suggestion of targets for cutting exist trade imbalances one ray of hope however is that all leaders did agree to avoid protectionism. michael of genco business r.t. . and during a meeting with russian president to mention of british prime minister david cameron has revealed that many be. companies interested in russia's high tech help spoke of that and then both of the british delegation in the g twenty summit said that despite their own desires to develop a similar project a host of businesses were ready to invest in need of ations and. now
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a new baltic pipeline will give russia a broader choice of oil transit routes the near route bypasses belarus and ukraine via the baltic sea the choice of all transport routes also have been increased by a new pipeline from eastern russia to the pacific and a new seaport in the northwest of the country. time to see how the markets were forming out here in russia the r.t.s. is opened and he's pulling in a teacher a duffel those the processional thursday the markets there raise virtually all the gains made since the beginning of the week that was telecom looking the biggest loser is calling over two in two point five percent respectively you know over in asia stocks have dropped all concern china might further its heights new credit and fears about europe's debt crisis global leaders meeting in south korea struggles to sooth currency tensions. so museum brief were salis places a third quarter net profits of twenty nine million dollars down fifty five percent
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from a year the world's second largest i mean company started rising finance expenses is the main cause for the drop remain positive global metal continues to glory. in russia's biggest state tame shipping company so it's called floor says it's planning an i.p.o. next year the firm may sell one full of its shares of hoff of the received funds going towards the federal budget and the other health care for the company estimates some call float to be worth three to four billion dollars they say it's most likely to attract foreign investors. to precious metals now and good news for own gold mine is russia could lift some restrictions on gold mining in the country and natural resources ministry plans to lift the threshold to state owned deposits and gold it means foreign companies will now be able to exploit deposits but just two hundred tons before they're just cleared to state it with a previous threshold was just fifty tons that made gold mining in russia
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impractical for foreign companies as the head of a vocal gold to mccutcheon explains. you start with something small sort of becomes big now what does the government come by and see. you have a commission that has to decide when and you can have or not and say wait a minute i've already spent you know one hundred million dollars on this thing you know you could tell me i don't own. so by having that risk removed. against the risk of the unknown whatever happens to be the fewer there are the better and by having the barrier raised up to two hundred tons it helps remove a lot of those risks. and news for miss sadie's fans now with sadie's benz may start to assemble its cost haven russia there are certain car company has offered their dime to agree to stop production a c. cost pickles the most affordable in the most savings range the offer was made after gaza's latest call up the volga sabir failed to meet the expected demand. that shop take for now we can always find most stores on our website auto business.
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the moment when the world has changed forever. thousands passed to nothing.
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to suffer today. was the first but probably not the last imagery this weapon. will become. common get on in the future. the news today violence is once again flared up. these are the images cold world has been seeing from the streets of canada. trying to operations are today. for your commitments are comfortable shuttle bus will teach you to smoke. just
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a few hours of serving persian forest and scary comes current affairs and your directly. on the moon. crater. scorching soil. are included. a photo with the wild. for free. wouldn't dare to swim so deep. a tourist would be scared of such cold water. and would never die if nothing is seen within an arm's reach. they are not to just see our
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researchers. and feel worse on lam's than in deep water. wealthy british style. market why not. come to. find out what's really happening to the global economy stronger for a no holds barred look at the global financial headlines to conjure reports. in
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toyland. bunyan treat been called a new mother told by a source or to look cool cool ground a big joke. from a golden certain hotel princess in bangkok radisson hotel time called dream hotel bangkok separate cells until a grand bunco compass of a coach told blanco told blanco close anthony vaughn called the radio. that it's passed out and in russian capital the headlines for. the g. twenty summit unfolds with china and the u.s. slamming each other i think currency manipulation threaten to undermine international trade. to charity human rights groups
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and israel lobby on the ground as their permits are drawn of accusations of supporting terrorism. washington reporter. mailbomb call for cynthia spying services to influence some voters before the mid-term elections. next. the jewish community in russia latest edition of moscow. they knew me. and they knew. that. the most dangerous palooza sends out.

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