tv [untitled] November 13, 2010 4:00am-4:30am EST
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twenty one members of the asia pacific economic forum are not gathering here in the yokohama japan and it's very much like the recently concluded g twenty that has happened did so with south korea basically they're going to be talking about how to revive the global economy and get out of the woods for b. global financial crisis happened two years ago and so all the table if they're going to be talking about free trade agreements said opening up their economies further this has this is the very reason for the existence of a pact to begin with but of course all this is easier said than done coming on the back of the g. twenty where the fear of protectionism was hanging over the heads of the leaders now this is going to be much more of a child as they have to talk about concrete plans concrete steps they're going to be discussing existing free trade agreements there are pockets of these agreements within the pacific countries members of apec the u.s. is pushing for a agreement that twenty one members said this is going to be a bit difficult because having all twenty one members talk about the give and take the pros and cons of opening up their economies is going to be
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a bit difficult as there is good for example in japan wants to export more course to the world while the u.s. wants more access to its agriculture industry which is a bit of a sensitive industry here in japan as the leaders come here with the responsibility of contributing to the growth the good of the global economy getting out of the cloud quagmire that they find themselves in but also they have the concerns of their local electorate in mind and other issues concerning trade we know that asia pacific economic cooperation the members are very powerful in terms of their clout economically they make up more than half of the g.d.p. of the world obama just gave a speech this morning and he says that the asian is really an important partner for the u.s. and other issues that they're talking about would be labor security they're talking about sharing of innovation and technology they're talking about protecting intellectual property all these are very important terms of trade and economic development for the u.s. . and japan had already met and also the russian leaders of
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a russia japan and china had signed an agreement to build a chemical plant and that has already been done and this morning and later today there will be a bilateral talks between russian president dmitry medvedev and japanese prime minister not to condi we're expecting them to talk about territorial issues us specifically the issue with the core real islands now this again comes on the back of the twenty now the currency war is one of the issues that have been talked about and this still needs to be ironed out by the countries involved in the forum so let's look at the package followed by my colleague and me so now we from that you can twenty. 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.
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on the western front the fed pumping six hundred billion bucks into the american economy the valuing the dollar while slamming china for not readily revaluing if you want on the eastern front the chinese position is well you're depreciating the dollar why should we really value the. chinese currency which the us is doing so it really is. 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 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 problem this. not interested or protecting interest
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rates. 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. calls to help economic recovery much of europe seems to be sitting back and watching how this will all play out i think they are 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 the g twenty summit we have reasons to be more 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
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from getting out of control and was r.t. correspondent reporting that well the us wanted twenty to oppression china had to explain its own actions instead that's what's leading global currency honest romney at. the u.s. was really looking for the g. twenty to be a forum to continue to pressure china and to have you know more unified front against china and asian currencies current account surplus countries. from from the rest of the world and what it actually ended up turning into was that the u.s. had to go in there and the tables were turned that the u.s. actually had to explain its own behavior to a whole host of countries and the chinese i think were pretty adept at turning this around and there were a lot of other countries who didn't mind actually turning the tables a little bit on the us and saying ok well why don't you guys explain what you're doing with with the fed before your country before you start kind of throwing
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stones at us plenty more still to come including. the rule of capitalism. at this point socialist ideas are seeing a revival across the world to define the path of this regime shaken by the economic downturn. but after this summer's sweltering heat temperatures in russia are breaking records again several regions including the capital are experiencing extreme weather on hurdle that this time of the year he's going to finds out what the experts are saying hundreds. usually with pulling out our winter coats right now but something is definitely our raw in the weather department in fact it's not just most poor most guys have been enjoying several very very warm days no need for for code sore heads but if we were to go down to the south of russia in fact we could enjoy swimming and sunbathing to the fullest degree it's that hot out there
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and of course this is not something that russians are historically used to if we were to go back to let's see one thousand nine hundred forty one during the world war two period fuel was freezing in tanks of course people were people were need deeper in snow blizzards basically the usual winter things that were happening in the vendor and we don't have to go that far in time is not earth that just let's say ten years ago same story again snow would be out here people could ice skate on the moscow river you could not do that right now maybe swimming its course if you like that kind of cold. water right now but obviously something is going on and winter is in no hurry to arrive in fact in some places in the western part of russia trees are starting to bloom again and they can grow at the grass is still green and bears are not hibernating roaming around looking for food to eat birds are not flying south so something is going on something that people are not used to
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and definitely winter is in no hurry to arrive at this moment actually the experts are sort of separated into three groups one of them is saying that of course the manmade pollution is to blame we don't have to go back far to remember the british petroleum disaster in mexico gulf of course that has affected the bill loop current in the gulf and that is one of the intrinsic parts of the gulf stream and if that is affected of course obviously temperatures at not just northern america but in europe are going to be affected as well and as a matter of fact something is going on. in the world in fact everything that's been happening for the last year year and a half as far as weather is concerned actually looks more like something out of a hollywood blockbuster. about the apocalypse rather than something that we're usually used to for example snow in australia and in south america you don't get to hear much about that at least you didn't know about this year you were suffering
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from severe flooding at this past spring and of course like you mentioned earlier it's sweltering heat in moscow people dying from overheating fires raging all of that because of the weather of course other scientists are saying that it's all because of the sun so the sun flares are to blame and yet of course there's a third group of scientists who are saying this has been going on for millions of years and we should just relax and enjoy the warm weather while we can. report. all the stories that our web site. has a quick preview of what's available online and whether that be you find out who's. turned to tragedy. in the food we georgians choose to have it rather than feeding themselves only so my website called.
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news today. flared up. and these are the images the world has been seeing from the streets of canada. trying to corporations rule the day. in times of economic downturn those who promise equality for all are once more gaining ground the age old debate between socialism and capitalism is coming to the fore again and there's auntie's the hottest reports the left seems to be winning the argument. mr gorbachev tear down this wall i these images have come to symbolize the end of the cold war.
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the scenes of the berlin wall falling were beamed across the world as the historic moment when the west beat the soviet union and capitalisms formula defeated project communism. the years later the cameras show the other angle the economic collapse brought by capitalism victory the us mark said as world freedom day with the us government mean when they say they celebrated as freedom day with the fall of the berlin wall what they really need is the freedom of us corporations to be able to plunder exploit and really do what they please within the borders that they weren't able to. begin to. say. what is sad. is that something they said saddam would cling to power now but the status he was hanging on to berlin seems to my old the words are what you're seeing here in the ages of american soldiers and iraqis declaring virtual victory over the statue
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of saddam hussein beamed to viewers worldwide. it was staged as a spontaneous outpouring of iraqis inspired by the american soldiers who came to liberate them that was we found out soon afterward the organized by the u.s. army so the symbols are really hatched by messengers coming out of the pentagon and the white house and the state department and these symbols some insist are used to indicate that washington's agenda is the only agenda and those are these the symbols of victory for the u.s. government so all over the world that if you oppose the united states you are targeted from destruction and we will inevitably destroy your. socialism despite being declared dead. has seen a revival in governments in countries all over the world. when united states talked about the overthrow of the soviet union and the coming down of the berlin wall at the end of socialism it's absolutely not true a system of capitalism is in k.
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at this point there are pieces of the berlin wall all over the world what came following the historic moment was this bali hood era of freedom now marked by economic collapse and list war two decades after the fall of the berlin wall some argue the u.s. empire is also in plotting its influence waning in the face of rising world powers several of them with the stink of socialist leanings jan hospice aren t. washington d.c. well it's not only in developing countries that socialist parties are getting vocal vice presidential candidate in the two thousand and eight u.s. election yet explains why he feels america also needs socialism. we believe that in a world and particularly in a country where there's so much wealth and it's primarily appropriated by a small few people to the detriment of millions and millions hundreds of millions of people the vast majority of people who are either in abject poverty or at least
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don't see the full rewards of their labor that socialism is a system in which the needs of people can be met by production and in fact the production of society in the way society of oregon as organized is one hundred percent directed towards the broad needs of the people which are not better now whether it's health care whether it's education access to jobs and so on this is why we believe socialism is the answer to the current economic woes that exist under the capitalist system that are particularly pronounced now during this economic crisis. well for some of the international news in brief this hour the un that has made the deal for over one hundred sixty million dollars to the color outbreak in haiti which is now claimed seven hundred twenty dollars aid agencies are battling to contain the epidemic i mean it is it will spread even further after the water supply was contaminated following last month's heineken millions are now said to be at risk of an eleven thousand cases have been confirmed since the outbreak began last month. seven people have been charged in connection with
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international organ trafficking incomes of the group is thought to have been the twenty foreign nationals into the region and remove their organs for transplant making false promises of payment a former senior health official was among those charged trafficking allegedly took place through a clinic in the capital a further two people have been listed as wanted by interpol. muslims around the world are arriving in mecca as annual holiday is due to start in two days time the pilgrimage draws millions of worshippers to saudi arabia's holy cities of mecca and medina the first friday prayers have been held before the official king of the hodge which will last for several days the ritual is one of the five pillars of islam which must be performed at least once for all believe as you have the health and the means to do so. violence continues to rage in afghanistan and they. need to have base in the east of the country was targeted by
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a minute since they even though the attackers were killed before they managed to enter the site and that the rising tide of unrest from the state there in the. computer explains washington strategy to increase its military presence in the region was hardly a surprise. it was a bad idea from the outset to set up an artificial deadline for the us forces withdraw from afghanistan so it didn't come as a surprise when recently that washington trio u.s. state department chief the pentagon chief and the u.s. joint chiefs of staff and now the deadline will be postponed for another four years it has been long suspected but now it's official but the credit for the extension of the u.s. forces was drawl to general petraeus and the u.s. commander in afghanistan the whole idea of the artificial deadline for the u.s.
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cut both ways on the other side it was a good idea to provide the sense of urgency for the aboriginal leadership to clean up their act together and to take full responsibility for the future of the country starting from providing the security all across afghanistan but since there is no leadership you know again it stands regarding the afghan government which is completely paralyzed by the corruption and incompetence while soaked in drug trafficking business no doubt it was a smashing tactical success for general petraeus. to call the u.s. counter a context offensive in afghanistan as. initiative. well coming up in ten minutes time at this week's moscow out expose the jewish community in russia and discovers its russian flavor. bishop has everything
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regarding jewish culture from the menorah oldest to the yarmulke skullcaps there are also a wide range of english and russian speaking books and even various souvenirs and games take a look at this with. children. and when it comes to alcohol or even the surprises. jewish stamp is both pretty and. just a few moments charlotte will join us with the latest business news stating. hungry for the full story we've gone to. the biggest issues get a human voice face to face with the news makers.
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in moscow she's available in hotels coursed i'm going to do you know. all toto keep a promise it is cold as hotel east west never told. no but. rather soon to say yes lovely and sky insulter historical hotels have been capturing the city so it's in the sky called small. mid-air as it can up until the stroke arrest of tropicana hotel. and i welcome to the business program hey on oxy with michelle and i was finally russian prime minister vladimir putin is to home talks with his ball garion counterpart boy or result from sophia topping the agenda is energy cooperation primarily the construction of the south stream gas pipeline intense pump russian
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gas to europe and to the black sea an agreement to allow the creation of a joint stock company to oversee the production of the ball gary and section by the end of the year exams and as our office senior analyst at much of paul i.f.c. gave aussie his feelings on the event. well gary is the key country for it deciding which pipeline will be old and probably which popular move to the forest one in a book. pretty important conference for more of the spark blinds for the book is essential basically for all of this meeting will finally decide the question which pipeline will be through the book or into retore south stream or in a book or pipeline although everybody's talking about gas pipeline saw three men oil pipeline from bulgaria to greece i think the most important things are. discussions of the gas price. gazprom should give it five to seven percent discount for gas for bulgaria for next to three years. and where several world leaders
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including russia's president of it if a meeting of the asia pacific economic cooperation summit the business summit has already brought some deals among them the signing of a contract between russia japan and china to construct a fertiliser in russia's tatarstan first major facility in the region for the last twenty years and one of the world's largest of its type projects is worth one billion dollars and would involve china's national chemical and information japan's with sufficient heavy industries the jets and russia's state home here take some action scene is another attempt to settle global financial issues like pushing for free trade after the g. twenty failed to agree on how to boost the world's economy. clearly there is a very ambitious agenda for trade liberalisation and the region and i think one of the important issues will be the degree to which countries follow and deliver on
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the commitments that they have with respect to this liberalization. another issue i think will be the issue of investments in the region and the possibility to again facilitate the flow of investment across countries that will be important i think and we balancing the world economy as well because really we're talking about the most important region probably in terms of growth for the world economy. time see how the markets down here in moscow was not open for trading post for laying around your point six percent and you may just may drop snicko shows more than one percent on the r.t.s. . next to russian power machines build out on an ago mush will produce wind turbines in two thousand and twelve move by the state company signals and the green energy has finally come of age in russia to china where covert reports. the global wind turbine market is booming growing over thirty percent last year but russia's
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share so far is close to zero russia is the leading producer of traditional hydro carbon energy but experts say the country needs to harness the power of done some in older to make best use of its oil and gas the one thing you know about your oil and gas assets is that their value will increase over time so in terms of a long term economic strategy selling as much as you can now is a really bad idea and what you should be doing is selling a moderate amount but saving and developing as much as you can for the time when price when the price of oil is two hundred or three hundred or four hundred or five hundred dollars a barrel once humanity has come to the notion that oil is is way too valuable to burn according to the international energy agency new clear and renewable energy will supply two thirds off world and energy by twenty third to russia's fuel giants gas problem. all looking at alternative sources the declared strategy is
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to boost the sheriff renewables in the country's energy balance to turn a half percent in five years but they're having to do it without the state subsidy is common in europe how much money does the government spends on a renewable generation not. using it for you know now we warn portion green energy producers want the government to go and taint higher prices for electricity derived from bringing you a bill sol says they admit that's the only way the green and energy can be profitable but russia's dependence on traditional sources is so strong that renewable projects are likely to remain no more than experiments and till they prove their long term viability that's all the business our team. and finally good news. if you work at google the internet giant says it will give its top management
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a thirty percent pay rise next year this comes after google announced it will go all its employees a temp a cent increase to stop them defecting to facebook case one employee has been given three point five million dollars in stocks to remain with the search company c.e.o. eric schmidt and co-founder sergey brin and larry page who combined overhaul of google stock will continue to accept a salary of just one us dollar. object for nobody can was buy more stories on our website r.t. dot com slash business. from
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. the moment when the world has changed forever. thousands passed to nothingness. thousands wounded. men doomed to suffer to enter the land. that was the first but probably not the last military uses of this weapon. how many more will be come. children a common get on in the future. for your convenience our comfortable shuttle bus
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a history making a comeback in countries across the world many experts predicting the decay of capitalism. and weather extremes experienced on every continent triggering worries of an approaching an attic apocalypse under-served someone to blame. or next to the latest edition of must go out the team explores the jewish community in russia. no need. in and in a minute. they're going to moscow curious to lose a sense of fears in this case is being.
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