tv [untitled] November 12, 2010 9:00am-9:30am EST
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small from so. well the g twenty has come and gone and unfortunately so has another chance for concrete results on the world's most pressing issue the leaders did propose to continue to work together but very little headway on those so-called currency wars that great divide between east and west in this battle over the buck . the world at war the weapon currency. the fallout trade imbalance the world's paying i mean the world is paying the price for the asset bubbles that are being blown throughout the emerging markets and this high stakes battle for global exchanges it's china versus the u.s. on the western front the fed pumping six hundred billion bucks into the american economy devaluing the dollar while slamming china for not readily revaluing its you want on the eastern front the chinese position is well you're depreciating the dollar why should we really value the removal of the chinese currency which the us
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keeps on insisting on so it's really a standoff one that smacks of double standards it's absolutely true that the united states of late has made don't mess to clean self-serving policy that was shortsighted and that did not consider the rest of the world and this set up the sole summit but despite global outrage with u.s. fiscal policy they got more of a high level silent treatment than any kind of fight right now it's the world against the united states and in terms of an agreement to deal with the currency war nun's going to happen there is no interest coming from china or germany the two other key players to solve this problem not interested or protecting interest. and that was before the session even started obama might have guessed there would be no compromising china wasn't budging and germany an export giant defends its right not to surrender its strength by spending more abroad to appease u.s.
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calls to help. economic recovery much of europe seems to be sitting back and watching how this will all play out i think we're trying to be defensive and that's a weak position right now russia sees itself as a mediator and hopes multi-currency reserves over place currency wars should. i believe that the threat of a currency war breaking out will significantly decrease following today's summit we have reasons to be optimistic about the future the group of twenty did agree to develop early warning indicators to prevent economic turmoil and gradually move on currency the question now is not enough to prevent this cas class from getting out of control. in our reporting but well professor donald breen an economist from toronto university says this g twenty should encourage leaders to take a wider world view while trucking to rather tackling problems back at home when you
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think of what individual nations focus on when they set their economic policy they focus on what's important domestically the u.s. is focused on raising employment. china is wants to continue its progress through export led growth but this so this form of the g twenty is is really a means by which individual nations are forced to consider the implications of what they do domestically for the larger stage for the global the global scene when they leave they will go back and focus on domestic issues the tough part is whether or not they will stick to their commitments to also consider the international the global implications of whatever economic policies they bring. well russia's finance minister agrees that china should become more flexible in its monetary policy but says the changes shouldn't be rushed you can watch the full
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interview with alexey couldn't later today but is of some of what he has to say. to go to it well speaking of china it really is pursuing a somewhat different economic policy now it is notorious for its lack of flexibility we say that within common coordinated efforts to exchange rates must be more flexible this is what we must aspire to i can see though that we must move towards this as fast as possible if china devalue its currency now the world may not benefit from it that much the world isn't going to win as much as china is going to lose china is also a driver of growth these days so i think a flexible rate policy should be implemented gradually. our russian newspaper has revealed that ten russian agents expelled by the us this summer were betrayed by their own boss president here that says the revelations are no surprise and that he was aware of the events all the way along as artie's you go
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to prison off explains the journalists behind the story say the media hype also a jew attention away from the real top spy. summer spy story between the u.s. and russia just a few months after dropping out of headlines around the world the biggest spy scandal between moscow and washington since the cold war iraq is back but over the drama of this whole situation is that the agents were turned in by their boss. he's been named as colonel suitable cool for allegedly headed the american department of russia's foreign intelligence service neither his first name or photograph have been found to journalists from the moscow based committed news people who've held their own investigation claim he is behind blowing his colleagues cover in the united states. everyone we spoke to agreed that this was the biggest failure in the history of the foreign intelligence service some of the agents worked undercover for decades in all were given away just like all sell. their findings have been
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confirmed by the president on friday dmitry medvedev said he knew who the traitor was from the thursday of the scandal it was june when american authorities announced the captured ten people suspected of being russian secret agents all were found guilty by a u.s. court and deported in exchange for four men serving time in russia themselves convicted of being foreign spies it was never going to stay out of the news for long the story instantly made headlines and especially since the russian president's first official trip to the u.s. had just come to an end it's thought kernel to back off russia to the united states just a few days before the meeting i mean that if the visit and according to some reports are few months before that he was offered a promotion at work which could have seen him subjected to a lie detector test and vet some believe is why he we jetted the job offer instead he turned the other way by turning in his associates the media quickly found its favorite among the group of deported agents young rich and beautiful on
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a chapman was deemed the russian james bond girl but did the paparazzi flashes draw focus away from the real super agent in the group me collision course was still in the shadows just as he had been for the past four decades. pretty that's what is true this is an amazing story it doesn't only have a trailer but a true hero as well so the two absolute opposites i'm talking about with some coffee and his fantastic story he left the soviet union in the one nine hundred sixty s. first to spain then to south america working as a photographer he eventually married and moved to the us changing his name to one it said he continues we denied being a russian agent until colonels are well presented secret documents that he then revealed his true identity but intelligence experts seen naming and shaming russian operatives was probably not the prime target. that. was probably a us agent for a long time themselves and i'm sure this whole story was instigated by the american
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secret service the two presidents are working to restart relations and some people are obviously against doubts the timing of the scandal was picked perfectly it puts another nini in the frame for the russian intelligence service that's still trying to establish how a massive decades long secret operation could fall port so easily seemingly at the hands of one man you've got this going off to moscow it is right now clicking just ten minutes past the hour here in the russian capital you are with r.t. and in a few minutes the girls who were snatched from the street and forced into marriage the bride is as an ancient custom in russia's chechen republic i'll tell you what the authorities are doing to stamp it out. human rights activists working with palestinians say they're under pressure from israel which claims that stoking the conflict that the interior ministry's stopped issuing
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permits to many forcing them to work illegally fall asleep has been meeting activists who say the accusations are groundless that israel regards any palestinian supporter as an enemy. they're the visitors israel doesn't want activists from around the world who come here to photograph and protest palestinian suffering will 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 human right which is why from the beginning of the year the israeli ministry of interior started with doing work permits from international n.g.o.s oxfam save the children and medicine some pontiff have all been affected everybody who voices a pro will study and view anybody who supports justice propels the
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indians 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 of it someone in tears say they have no choice but to do they work illegally emily's origins are 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 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 border steers 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
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. this website because a several charities working in the west bank and gaza of having links to 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 a people in n.g.o.s committing any kind of violence but as to throwing stones on stones and grenades and 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 spin in gaza for six months and plans to stay six more he's a volunteer with the international solidarity movement which israel claims has terrorist links they therefore won't let him cross into the west bank he's a human rights groups that are credible throughout the world and yet they are being stopped from entering many times in i mean the u.n. reporter richard falk was stopped from entering so this stretches up to the united
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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. r.t. israel. now you can check out that story online and i have your comments as well r.t. dot com and here's what else is lined up for you right now you can look out for it on the web site from a couple arguments like that smuggler read how a russian prisoner trained his feline friend to sneak in his fix of heroin. and three d. thrill for fans of the nutcracker which is now cracking hollywood details of the small town heavyweights bringing the cherished fairy tale to life art r.t. dot com right now.
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men who kidnapped girls off the street and forced them into marriage now face jail in russia's republic of chechnya it's been seen as a tradition among some muslim community communities of the north caucuses but religious leaders and officials say it's deeply wrong and must be stopped r.t. so excited to watch over reports on the practice with choose tearing families apart . it is the moment of families torn apart the church and bride to be happening here 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 got back we were at home loans we had it and good outside and saw her being kidnapped yes she was shouting we saw. the kid lebrun his accomplice grabbed him on jumped into a car and sped away but a short way down the road they question to be tried. in
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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 kidnapping brights ones and the cook asian blood religious leaders and churches strongly disapprove and no laws have been brought in to correct the practice because the it is as i'm able to go to the corner chechens never had such as this is. every friday i say during the. this is it's a sin. and those who commit it will be punished as doing this life and on the judgement day. and. the girls who've been kidnapped really bring this matter to a courtroom as such case may be considered it is grazed by all but they never forget about it result no one saw the experience forty years ago she left the shop and was heading home when it happened this is the one taking me away and i didn't
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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 whose youngest daughter was almost her age two months later resign or ran away but her life was changed forever with the rich and this really is the big tragedy because your life doesn't belong to you when you long you can't mend it almost if you were kidnapped girl even if you spend two or three days there and return home you're not considered a virgin you belong to someone said the woodruff sure but now attrition is getting 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 more secure 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
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girl's family even religious leaders forcing the girl to marry her kidnapper will be punished it was older appears to be a strong support goes into this now years to see whether the ultimate decision has been and is only on paper or on we owe it to our son and heart so are our genes from crossly. we are coming to you live from the russian capital it's good to have you with us today now let's check around the world for some of the other main news events this hour that is being reported as military authorities could free pro-democracy leader aung sun suu kyi this weekend they've apparently sanctioned her release which is jus one saturday she would choose being under house arrest for fifteen of the past twenty one years which drawn widespread condemnation but her lawyer says she won't accept her release if conditions are imposed which exclude her from politics. a u.n. panel of experts says that north korea sold nuclear technology and other weapons to states including iran syria and me in amman the report says one hundred million
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dollars worth of arms and other equipment have been shipped but sales go against the u.n. imposed sanctions on north korea to try and wash its nuclear activity after it tested weapons and. iraq's eight month political deadlock is nearly over after a power sharing deal was finally agreed prime minister nouri al maliki has been reappointed then as president talabani who is kurdish was about to be reelected politicians from the main rival sunni muslim bloc walks out in anger voting procedures maliki now has thirty days to try and form a new government. while on the way in about ten minutes time artie's a special report focuses on what became the symbol of the fall of nazi germany sixty five years ago. this is just a parliament building in berkeley and. then. sixty
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farmers or. it was the final target of the last major of from some from the man army. scout troop became the symbol on the fall of the financial tsunami. and the victory all were nazi germany. the following poem in. a. business story before then with kareena and just a moment. if . it would be so much brighter if you knew about sun from feinstein. who threw stones on t.v.
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. more news today violence is once again flared up the film these are the images the world has been seeing from the streets of canada as true for china operations or the day. our welcome to our business program here on r.t. thanks for joining me russia's economy slowed in the third quarter gross domestic product rose two point seven percent year on year after expanding five point two percent in the quarter to june the fourth worst drought in fifty years hit crops and forced manufacturers to cut production the economy ministry says the heat wave will cost the country point eight percentage points
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a from this year. now the g twenty summit in south korea struggled 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 worse trade imbalances to wrap up these summits results we're now joined by again abortion chief economist at trust bank again thanks for coming to the program now so why is the g. summit failed to deliver answers to these critical questions is the political is there lack of political will or any other problems from your point of or probably be questions a lot but critical already are to the participants at the summit or to be more precise probably different questions are more critical to certain parties in the multiple negotiation process so i would see the situation as the fall when there are certain countries which are concerned with growth and unemployment slow growth and unemployment there are certain countries which are concerned with bubbles and
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overheating there are countries which are not concerned with the problem we which are not concerned with the problems with the problems at all but they're afraid of the activities of their trading partners and the financial counterparts and there are countries which are plagued by many many different problems they can't solve currently the situation is the following different different groups of interest are trying to solve their own problems with the help of g twenty but the group used to be going twenty twenty two march to come a proper consensus but first before. second of all there is no excerpt of pressure like deep and serious crisis which would be interesting to have made the political leaders to put aside their local problems to concentrate on the means of there is no such main target for everyone everyone would like to grow probably stayed really low inflation high employment and feel themselves but unfortunately for different countries now the answers are slightly different that's why for
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example we can't reach agreement on many many important points especially what is called for example currency war it's the. final answer has not been given yet and it's very obvious why because many countries they have laid off resources as well as monetary policy is concerned as far as financial policy is concerned but they still would like to stimulate growth they're concerned of low unemployment and low growth high unemployment and low growth rates what to do traditional ways that's why we can't reach agreement but do you think that the political leaders that are heading to yokohama for the asia pacific economic cooperation summit do you think that they can expect we're going to take more from that summit in terms of what haven't been discussed or. and you're in the g twenty unfortunately the interests of the meeting there and the points of view on. property much the same as own g twenty has the group with slightly less moved from these political quarrels but anyway but anyway the situation is the following there are no consensus to adopt
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and you can see productive far reaching for many many members of the summit so this specially for us it's a bit spoiled by the events of the recent past so i wouldn't have expected a lot so. it may it may come good solo was twenty but i wouldn't have put a lot on that now we've just got a new data on the russian economy i just said that they would cover slowed in the third quarter and with g.d.p. up just two point seven percent do you think that that's what i'm for that's a worsening try. and i will continue taking into account the figures i mean what has been arriving in july august and september i would say that yes it was an intranet the growth this is the rates and it's obvious only positive for if you go i found in the more detailed data than simply general g.d.p. g.d.p. is certainly increasing investment which has happened which happened in august and in september but these may be one of done for aren't you taking into account
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industrial growth retail growth. revenues of the population everywhere we see certain this is the ration it's not critical but unfortunately a good concept to mystically that we're going to grow father faster and bigger the growth is a sustainable and stable but that's not the answer right now so what looks like very adverse is that growth may disagree to a little bit further who are not in the fourth quarter but later on what's going on depends a lot on what's what will be happening outside russia on the oil prices on the second row and that's a major factor that will affect us nick i want to take these in the may help a lot i would say so because because because because naturally that's exactly what . the injected a. fresh blow into many many emerging economies not in the strong now u.k. tending to the irish debt crisis do you think that the european has enough money to bail out the country if you're talking about fifty billion euro that is needed i
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would say for ireland they have enough i would say if there are further issues to follow that may arise a certain problem as far as far as far as far as i see the situation this is not great and the probably it was obvious that i was going to need further injections further support either from european union or from anywhere outside which is also possible i would say and the support it's very likely will be provided because there is enough financial resources for these case you for the. they're called crystal for the spots that are sort of sweet and so each makes financial investors nervous ok well thank you for that lotion head of research jones language as a cure thank you very much for coming. here in russia the markets are falling into the red for the second day echo in global trends the r.t.s. is losing over a percent on the mars express shedding half a percent spare bank of the main drag on the out here setting one percent now
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european stock markets are also lower with the footsie on the dax sliding into the red worries over ireland's debt levels have rattled investors. the value of initial public offerings by russian companies could jump to twenty eight billion dollars next year the highest since two thousand and seven according to the t.v. capital one reason the i.p.o. market may take off as the recovery in russia's benchmark investment indices libor again the bulk of their record decline caused by the global economic meltdown key sectors and mining chemicals and retail industries where sales of shares are expected to surge to twenty billion dollars the sale of stakes in stake companies expected to raise another eight billion pretty involved to make a russian standard has agreed in principle to buy ukrainian rival need of this is according to the mr newspaper details of the deal were not disclosed however experts believe the emir of famous for its honey and pepper infused was to be worth
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up to four hundred million dollars in september the ukrainian brand rejected a bit by u.k. based distributor stock spirits and so for now we'll be back with more in less than one hour meanwhile you can always find most always if you log on to our web site that's r t dot com slash. this is more a region is economically and socially one of russia's better developed provinces the region has a significant scientific and industrial capacity that will realize its full potential after the construction of the. completed the i t. park has r. and d. projects in the spheres of automotive construction aerospace and oil chemistry high tech data center with cutting edge servers and communication equipment will be constructed at the core of the park the project has been personally approved by prime minister vladimir putin the federal government is planning to allocate sizable funding for the construction investors will be given benefits such as
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property tax exemption low land rental prices and other preferences of the samoa region government is open to mutually beneficial cooperation we invite investors to participate in existing projects and we are ready to give a hand of fulfilling your projects and growing your business in the samoa region. hungry for the full story we've focused the biggest issues get a human voice face to face with the news makers. coming to you live from the russian capital. the headlines now twenty leaders put their money on the table agreeing not to use currencies as weapons to protect themselves while throwing up trouble other countries wrapping up
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a soul summit in fighting the world's richest economies pledged to work together to avoid current c. conflicts trade imbalances. betrayed by the boss a russian newspaper says it's an mosque the man who it claims sold all the ten. expelled from the u.s. this summer president says the revelation is no surprise that he was well aware of the source all along. israel's accusing palestinian charities of feeling the conflict in the region supporting terrorism claims the activists say. several charities have been forced on the ground. well now coming up next here on our special report looks at the red army operation which freed europe bringing with it the fall of the nazis enjoy.
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