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tv   [untitled]    November 18, 2010 8:30am-9:00am EST

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lines in the middle east soon much brighter than a few new movements to move from phones to print. stunts on t.v. don't come. here
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with our t.v. let's now have a look at our top stories for this hour questions raised over america's justice system as a russian businessman a victim says and was pressured into confessing charges of arms trafficking and terrorism it's this news nautical to boot is now in new york prison after being extradited from thailand. president obama is said to push for the key arms reduction deal with russia to be given the go ahead by congress before the end of the new year republicans who have made gains in the midterm election have threatened to stall it. at
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a president's made good event after didn't discuss iran's nuclear ambitions when they met for the first time since moscow back to u.n. sanctions against tehran they talked on the sidelines of a summit it was or by john where five nations are dropping out their claims of a costly. since energy resources. and global heavyweights have been working to find a remedy to the world's economic strife that forms in the far east to discuss the situation with no obvious solution r.t. caught up with all the original list donald kirk to hear his views. how best to restructure global financial institutions like the world bank and the i.m.f. to better reflect today's economic landscape that's the challenge facing world leaders and businessmen and as tensions rise over the ongoing problem of the so-called currency war the related to see with global trade imbalances raising the
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risk of a move towards protectionism the pressure really is on to talk us through some of these challenges i'm not very p.c. i'm joined by all correspondent from the christian science monitor. many thanks for being with us. mr kirk now we are in the midst of what's being dubbed a currency war with the u.s. and china really at loggerheads each accusing the other of currency manipulation do you think that as a way out of this and well there may be a way out of a but i'm not. certain that we're going to get out of it any time soon the g. twenty summit did not come out with any real consensus on currency balances they certainly came out with strong resolution very so that it's not good and they said volatility is not good and all this other stuff is not good but actually agree on a way to on the way to resolve it aside from recognizing the problem and saying yes
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let's try to resolve it and then of course there's also the. issue of global trade imbalances do you think the u.s. is justified in asking export having countries like china and germany to curb their reliance on exports in order to to rebalance trade and librium well you know i don't know if the u.s. is justified but i will say the u.s. has a terrific trade deficit and the trade deficit with china is just enormous you know it's like china exports several times as much as the u.s. next. to china and so you know from a from an american point of view the u.s. has got to do something about this obviously the u.s. has to take care of a lot of domestic problems its own problems its own internal problems no doubt about that but they also have to lean on exports to raise the value of their currency to more realistic levels as president obama pointed out quite frankly in his press conference china intervenes heavily in the market to keep the you want to
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keep the renminbi that you won at a lower rate than it really should be so you know. the u.s. has to do something and they've got to they've got to improve domestically and they've got to try to improve they've got to try to slash. you know surpluses of other countries i can't blame the us for for behaving that way and we don't want of the school they do you think that there really is a danger that countries might be considered local to their reign if you like can see that protectionist policies i think there's a real danger of that and the danger is not just countries elsewhere around the world of the dangers of in the u.s. the american congress might get protectionist if this goes on they're not going to get protectionist right away they're not going to get protectionist next year the next congress is not going to be protectionist but over the years protectionist sentiment could certainly build and finally the congress would say ok keep out all
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this foreign stuff you know that's. all these imports i'm not saying that's good that that part is not good. in fact that's a real danger that's not a solution that's a danger but that could happen and also other countries could certainly respond with protectionist measures of their own a lot of countries already have protectionist measures one of one sort or another you know where does all of that b.p. if you're a free trade something that wealthy just consistently fake it back. but we see we've been told much for waves well i think free trade is. it is in danger here you know will we see a movie that's part of what this g. twenty was all about to encourage free trade to bring down some of the barriers to encourage countries to take a more open position and to do something about their overvalued their undervalued currency and so forth and you know that's that's what this kind of talk fest is all about but there is
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a danger free trade is that is in danger here and how would you gauge gloop reaction to that shock announcement we recently had from the federal reserve that it was going to impose on the second round of quantitative easing the six hundred billion dollars being pumped into the economy we have some partial christmas coming out from developing a coming saying that that's seriously bored it could whomp them markets but also from countries like germany right right that was a shocking announcement the u.s. federal reserve announced that it was buying treasury bonds worth six hundred billion dollars and this was on top of the previous purchase of treasury bonds worth one point seven billion dollars this you know is an invitation for the u.s. to print ever more one hundred dollar bills i mean what do you pay for the stuff with you know you know pay for by writing a check you pay for it and ultimately in the end you pay for it by cash and this cash starts hitting world markets some markets are more volatile than others and
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obviously it's going to have an effect that while the world responds now the u.s. response is we have to do something to improve our economy to overcome our deficits our economy improves that means your economy will improve because we'll be doing more business you'll even be selling more stuff to the u.s. and will be buying more stuff from you so you know there are no doubt there are arguments pro and con but it was a shock and. you know there are some people who are not quite as critical to us as others but i don't recall anybody up. lauding the u.s. i don't recall anybody saying oh it's smart move i don't i don't think i don't think anybody said that there was some people who were not critical but they didn't they were not in favor either you know you mentioned that the relevance of the g twenty people here in seoul maybe felt disconnected towards the summit that they went excited about and said how relevant would you say that this group is today and
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and how united is it is there still a consensus do you think among its members to really change the world's financial system well they're desperately trying to give that impression i don't think there is a consensus but they're trying they're trying to give that impression and they're not united i mean twenty twenty countries with so many from so many different issues and so different parts of the world and something concerns going to be united however one significant aspect of this g. twenty was that it gave more more say considerably more say the what are called emerging market countries led by china which is you know the biggest obviously the biggest one but also including such powers as india indonesia was here saudi arabia was your turkey was there you know there were a lot of countries that were represented here they weren't getting any kind of representation before. substantively in terms of real action not just talking the g. twenty did in-doors the move by the international monetary fund the i.m.f.
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to give greater quotas to china to india to other emerging market countries to give considerably greater quotas to those countries and also to give them two more board seats taking away two seats from european countries something that we didn't really hear much meat went on is not only going to bates the u.s. dollar as a reserve currency and america's management of it what do you think that it would take the leading countries to really begin to see multi-currency. well i think they may be on the way to that some people think you want the chinese run the. might become you know a global currency if you were on the streets of america conducting interviews of people and you ask you know what i read and then be as they wouldn't have a clue you know absolutely no clue and you ask them what do you want it was they would know what you're talking about either i'm quite sure they would. they should know what british sterling is all about. you know a few other cars and they certainly heard of the japanese yen but you know as time
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goes on as the emerging market countries gain power and influence and as this part of the world soars economically you know not just china but korea you know japan they say is stagnant it was not really stagnant is a very productive country you know there's the g.d.p. is it may not be increasing as much as other countries but it's not going down either you know it's and it's a major world economic power so this part of the world is as if it increases in importance is there is a chance that the dollar may and as the dollar and if the dollar deep freeze. further there is a chance that other countries other currencies may soon may come to the fore and we'll have a multi currency system can't rule that out it's possible then maybe be probable. make a thought interesting suggestion we have to be separate from the well bank chief.
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so exhausting we. go with other potential i think it's a guy behind me i think we've got to make way quite awhile for that to happen it's an interesting idea i enjoyed reading the article but. beyond that i'm not totally sure if it's ever going to happen or if it's just kind of a fun idea which was which he mooted and which we can all talk about but we don't have to take all that seriously many thanks for joining us here on the good to be with you thank you. margaret mother did not like we're going to become. she was afraid. and she was very cool for the. she felt. our lives frankenstein's monster.
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we don't have the problem but every. effort is made on the palestinian or in the european side to negotiate an end to the violent attacks against israel which i have no fear of war call the cowards song goes you have no fear calling the leader of the state of israel one of the main terrorists in the world. we are supposed to be seriously examining history but you mention a few words about jewish culture happening and people get so upset this is i'm sorry to say it's a form of emotional blackmail. download
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soon which brightened a few moments from funniest impressions. crims totty dot com. they faced it this is not a provocation but more of. a force it let me show you first step what is sure to support your trish crossin they have no idea about the hardships that face. some one it's business is it all going to need some. or any are made to the life level you say is the most precious thing in the world. is of self-sacrifice and heroism of those who understand
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it fully but you have to live it. real life stories from. nineteen forty five don't call. questions raised over america's justice system as russian businessman victor boot says he was pressured into confessing to charges of arms trafficking and terrorism he insists he is not guilty with a new york person after being extradited to heartland. president obama is set to push for the key on three duction deal with russia to be given the go ahead by congress before the end gear republicans to make doings of a midterm election have threatened to stall it. and the president's medvedev and that would do the job disgusted wrongs of nuclear ambitions when they met for the first time since moscow back to the un sanctions against tehran talk to the
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sidelines of a summit in azerbaijan where foglio friends are not going out their claims of the caspian seems energy resources. well i'll have more news in fifteen minutes time but first let's take a look at how sports looks at this hour where bond is here next. hello and welcome to sport on our t.v. with the latest from russia and around the globe among cost or even that start with our top stories in brief. home defeat russia stumbled against his former side as belgium win their international friendly two zero in the city all but on his. first win in five years danielle messi breaks argentina's losing streak against brazil in doha. and london calling it fresh from winning the world championships
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russia's women's volleyball team targets olympic gold in twenty as well. let's start with football words you can because russia losses form a side as belgium one two zero in an international friendly in vote on issues and richard portly has all the details. russia's friendly with belgium was a historic moment for iran is located five hundred kilometers south of moscow it's the first time this city of just under a million inhabitants has ever hosted a full international match the reason veronese hosting this game is all part of russia's plan to host the two thousand and eighteen world cup with a national team playing matches around the country interests running as mine has been co-author with all ticket talking sold out weeks ago while there is a hotel room preparing for a lot of money i'm playing this match may go in some way to easing the pain of a wrong is as if russia wins the right to host the two thousand and eighteen world cup this city won't be hosting any games the billions haven't had the best of preparations for the game they were due to arrive in brawn years and choose the
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evening but were unable to learn due to fog and only a ride five hours before the game even the full said wasn't ideal we had and we hadn't slept much related to the tree in the morning and i was so everything was was against their late arrival certainly didn't have the belgians as they would make an express starts after just two minutes visitors took the lead a seventeen year old role model kaka took full advantage of a bad mistake by ego i can fear the score his first goal for his country and stunned the home fans. russia were enjoying plenty of possession but they were unable to turn this advantage into goals thursday a billionaire dino failed to make the most of a good opportunity on ninety minutes as he saw his curling shot go just wide and then midway through the half roman shishkin who was born in but on the issue and was making his first appearance of a national team in free and a half years stung the palms of chilled francoise gear bulging were content to play
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on the counter-attack and they could have doubled their lead two minutes before half time break but look i was unable to find bailey who was totally armont measure continue to enjoy the lions share of possession of the second half and created a number of opportunities to wastefulness in front of goal was becoming a big problem for the home side but on some different. minutes for visitors would double believe him president kaka managed to hold off a challenge of debates and speak to us in pubs illegally before far and possibly help us i can fail if but never issued a mountain to climb a substitute alexander because of kind of half the deficit but he blasted over wastefully as belgium would ease to it to know when. i doubt if they were any positive so you know again today we haven't shown good for humans but still it was a big day for our own nation and me being a year or two will seek you out from the city in the premier league who will assign someone who's a we had chances but we didn't score probably because we like concentration it's an
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end of the season and we might be tired plus of course we committed to big mistakes in defense. i deserve one for belgium who got one over to cover the cats who quit the red devils in april after managing them for only six months we didn't talk much about him the less and less he did but. in the it's always nice if you can win against a former coach and. this is not a disappointing end of year for russia he finished two thousand and ten with a defeats however the experience of playing the wrong is she was one of the few plus points as the crowd provided dick advocaat side with fantastic support for the game richard bump hopefully don't see her on the issue. more international friendlies took place across the world on wednesday and let's go straight to their arabian peninsula and the south americans are be in del ha barcelona striker lenell messi scored the only goal of the match against brazil well and to stop the strike that's what it's our world player of the year dribble past three defenders before accurately placing the ball into the goal post far left corner brazil had plenty of
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chances of their role throughout the match all because the pleasing v.i.p. guests i know when became argentina's person six attempts against the fights i world champions i'm moving on to portugal where world and european champions spain what's. crashed by the holes four zero the home side opened the score shortly before the half time break through great individual skills by christian or an elder whose deflected shot was picked up by carlos morton's who blasted it into the net portugal doubled their lead just three minutes into the second period held their posts scored his first on the night after a brit low cross by nani less than twenty minutes later the same man found himself alone in front of the spanish goalkeeper to stretch the lead to three goals hugo all made it took full advantage of spain's depleted defense in injury time and made the score somewhat embarrassing for the world champions.
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and now the world cup finalists netherlands had better luck on wednesday against turkey led by the former russian coach guus hiddink also a dutchman by the way the match was decided in the second half after an error by the turkish defense as had weak is my general valencia score the only goal of the game. meanwhile ahead of all those matches before release their new world rankings where russia have slipped down three places and dropped out of the top ten into thirteenth spot there are no changes in the senate where world and european champions spain are still leading bilis world cup runners of the netherlands are second with brazil in third there followed by germany argentina england while portugal and croatia while egypt have risen one place to capture a tense spot also greece and norway are ahead of russia eleventh and twelve spots respectively but stick it because men are higher than two thousand and six world cup winners it's only for fourteenth russia's euro qualifying campaign group be
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rivals slovakia are eighteen. now russia's women's volleyball team are setting their sights on gold at the olympic games in london after winning the world championships in japan and the last weekend's see russia one a thrilling final against brazil on sunday to clench their second straight world side ots are winning all eleven games at the. championships and russia's head coach of the result can admit their fans would expect is side to repeat the success in london in two thousand and twelve but he remains philosophical about it seems chances at the olympics. were going to us i would like people not to forget that the support and knowing in sport can be guaranteed oh opponents will come up stronger in two years but we only think about weaning at any competition including their lympics meanwhile all rush just want to send world and european champions that will take part in the next summer olympics were invited to the kremlin by president dmitry medvedev who admitted it taken him a while to get
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a medal count from this year after a series of good russian performances on the international circuit the russian president had been attending the g. twenty summit in japan while he was also there and obviously he began his speech marking their performance which brought them back to back world championships at the weekend in two thousand and ten and russia won over seventy medals in numbers disciplines including gymnastics wrestling and swimming and present that if pushed them all more victories and the support of their fans. there is another very important part to success which is really talked about and but it's very important for any athlete and that is the fans stance on board should not just be on the surface it should be based on trust be kind and considerable you might say no matter if the athlete or loses it happens to everyone but even politicians. fine and it would certain so the ice and with the first stage of the euro hawk it's war over the cage shell season has resumed and that's
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a lure to money the gores have extended their lead at that solves all that sable let's take a look at this in style about fractional says golf five nil on home ice elsewhere though work eight other games and putting on a threat at the winning goal in overtime is an unguarded one five four at home so that if they had off going to the east also need the extra time to register five four went over several styles while looking at c. for second in the west last said bodies in a shoot out in other games defending regular season champions could live solve the novel or read in all five five five goals to four gentlemens defeated tracks or by single goal should have been six and rupees if you graph soft moscow region side out flaws that hold three one struggling sports off produce a three one victory at ninety he make and finally defending champions tog bars came from three goals down to win six five at home to scott st petersburg in a shoot out. and that's all for right now join us again very soon or you can get an update on sport in russia and around the world that any time in our websites then
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artsy dot com and enjoy thanks for watching. my grandmother did not. receive. and she was very cool. she froze. our most frankenstein's marks. we do have a problem. every. effort is made. on the palestinian or the european side to negotiate. to the violent attacks against israel which i have no fear or. song goes. calling the leader of the state of israel one of the main terrorists in the world.
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we are supposed to be seriously examining history but you mention a few words about jewish culture. and people get so upset this is i'm sorry to say it's a form of emotional blackmail.
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