tv [untitled] November 27, 2010 9:00am-9:30am EST
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very well welcome see this is ulti live from moscow i'm melissa that is now after years of waiting around has switched on its first nuclear power plant the country's atomic she says the russian built share react so will soon begin pumping electricity through rain in cities aussies in tallinn nova has the details overrun didn't announce the exact date when the nuclear power plant was launched and they say it is because there is still a lot of testing to be done and how before it starts pumping electricity into iranian homes they're expecting it to happen within the next one to two months. hopefully we will witness a large sure brief for brief when the brochure plant is connected to the country's foreign grid well even though iran didn't announce the exact date it came as no surprise to russian companies or saddam that helped to build this nuclear power plant as loading a fuel into the nuclear power plants began on the twenty sixth of october now the next step which will the fuel that has been loaded will be heating the water that
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will be generating steam that will be turning that european and then generate electricity and distil is too soon to say that's a pushchair is now working as full capacity is there a lot of testing that has to be down to have iran is currently under un sanctions against its nuclear program and the last round of sanctions was imposed to this summer with threats that indeed iran might be creating a nuclear weapons who for sure is not the part of new iran's nuclear program that is of a big concern to the west that is a peaceful nuclear power plant and international experts are saying that there's very little chance of proliferation also russian companies will start them that helps operates and helps operate and help to build the nuclear power plant says that both russian and iranian experts are working under the supervision of international atomic energy experts and what's also very important is that marshall will be supplying the nuclear power plant with its enriched uranium but also.
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taking the nuclear waste out of the country in order to make sure that it's not used in any other way either other than the peaceful purposes or nuclear nonproliferation expert from the boston center for policy studies by the middle of says russia will supervise operations in the power plant. why do well know all of that of the would be russian. president. the facility of the facility is quite well controlled by russia. will both electricity experience. from the safety and security viewpoint russia provide some may think there may be a proliferation concern there is none. all. in good mental for iran in talks about peaceful uses of nuclear energy and transparency that.
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people are set to vote on whether immigrants who commit crimes should be automatically deported well supporters say for when a friendly policy should be reversed to protect locals in a country with a high proportion of immigrants many think the proposal ballasted in sunday's referendum. two years ago twenty two year old life was brutally cut short we. know why son was at the carnival with his friend he was just standing and having a conversation when three young men came towards him and started beating him with their fists they had him on the head beat him until he fell and then started kicking. him to death for no reason no reason at all they did it just for fun. details then emerged the victim was swiss the attackers were from the balkans and immigration sentiment rose giving traction to
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a referendum proposal to make it mandatory for foreign criminals with heavy crimes such as murder and rape to be kicked out of the country just a year after voting in favor of a law banning the building of new minarets on mosques the swiss are set to return to the polls on sunday with another yes or no decision to make their out of paper should no longer be in switzerland because they don't deserve to be answered so some people i mean they get so much money and it really matters i mean because. suppose you can't get them all out we need immigrants period over the shallower member of the swiss people's party which initiated this referendum is adamant that the answer should be yes eighty percent of the prisoners in the swiss prisons are foreigners it's ever very high average you see our attitude in these foreigners we have
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a lot of foreigners into it and who behave from within the law who respect the law who look for themselves they are welcome here in other words out with a black sheep it's a sensitive statement to make in a country with more than a fifth of its population made up of immigrants one of the largest in europe wary of a backlash from the e.u. and the world this response released a counterproposal. with amendments to the list of crimes and provisions stating that deportations must fall within both swiss and international law still either version is seen by some as another anti immigration move adding on to what's been dubbed as a rising wave of and immigration sentiment sweeping across the country and the whole of europe can we make a difference between drug dealer who was from russia from india or is a swiss is a drug dealer a drug dealer a better one so i don't make a difference between someone who is doing something wrong the law should not look
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whether he's white black or what language you speak for the father of them jani the debate is a personal one he prefers not to divulge his vote but does say this those who come to switzerland if they don't become delinquent or violent then there will be no problem other one had the very idea of a proposed law targeting immigrants has raised accusations of racism and intolerance but could also be a way of saying that even tolerance has its limits no matter the outcome of this referendum vote many european nations will continue to face such tough questions the answers to which may keep boiling down to a yes or a no just or silly r t. what do you keep up with all the latest news on the websites of course on. the taste or you'll find online of the moment i've found in their own names poll say they face daily discrimination and if you weigh mia by the native language. people in russia following
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third world no one said when they saw all this time consuming around the city. it was just a mountain going to the shops. at home. now thousands of mulching through the streets of dublin to process the island's hostile seris the measures which include slashing johnson increase. taxes work is cool for the cult to be directed at the rich and the banks instead of ordinary people what trade is a promise peaceful demonstration that police have some groups may cause trouble it's the first major rallies in thought and openly gay stations for an e.u. i.m.f. survival package last week around ninety billion euros is expected to be pumped into dublin's crippled economy financial troubles also spreading around the euro zone with fears portugal and spain may be next in line for a bailout german economist marcus told r.t. that europe's biggest economies won't be able to pay for all those debts. the
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german taxpayer is no longer willing to lease is very very becoming very reluctant to bail out countries like greece where there is an example of very bad governments and we are no longer willing is neither to bail out ireland to fuel an ailing banking sector i think this is a genuine center of this umbrella which the. heads of government have created in under the menace of the president of the european central bank. is so large that everybody wants to be protected and the more it's raining cats and dogs the more they want to be protected and the portuguese. prime minister and the finance minister pushed ireland to put themselves under the umbrella to be under the umbrella themselves as quickly as possible this is an inflation of claims to be bailout which will ruin the eurozone sooner or later germany is economically nor they will to. such bail out. the german taxpayer who has
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a word to say to all that is no longer willing to do saying something like that well that was mine because of a professor of political economy in. now the south for ations to join the georgia certainly seems to be matching the union at least one respect the country's foreign debt is increasing spreading fees it could soon go bankrupt and critics say little of the board want to has actually been spent on people's needs with huge amounts being poured into so-called vanity projects first report. anyone who's ever received a hefty credit card bill the pain of having to pay off. well judy could face an eight hundred million dollars in interest payments by twenty thirty. to spiralling foreign debts. the level of debt has doubled over three years there is an
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international norm saying that if a country's external debt which is sixty percent of g.d.p. in the country is considered bankrupt we are currently at over the forty percent mark in georgia continues this it is entirely possible that we will find ourselves in that situation. external debt is now a major concern for the country and the government has come under heavy criticism for borrowing so extensively one of the main criticisms has been the government's heavy investment in construction projects such as the freedom bridge which many people said was completely unnecessary but it is still just a couple of hundred meters away from the bridge that with. with the foreign debt poor thing the country's economic potential needed to be growing see. that with wine one of its only strong export products and a lack of investment in areas that will generate money government will have no way of paying back what. we think it will be very difficult to cover such large
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payments from the state budget and the country may have to refinance the debt meaning it will have to take even more money from international organizations and partner countries. so just what have they been spending all that money on. well i need bridge for starters which kashdan at an estimated six million dollars and then there's the presidential palace is snazzy new class dame which guesses put at between twenty one. million dollars. and a number of other controversial projects including a glass monument and wade which totaled two hundred nine million dollars and the glass buildings which the symbols dreamed up by president saakashvili tray and you transparent government now seeing clearly ironic. extensively and to spend this money beautification projects this is really say this
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is really a fraud. going to be held accountable for the behavior of the city in carrying such large debts to the country has also done little to improve the conditions of the population and we need to take into account with doing the same period such a huge amount the money has been. held to expenditure so just has remained the same in normal better. education expenditures have a special despite all for promises that will be really. economists say this foreign debt is now one of the most serious problems facing the country the georgian government say they've used the money to rebuild the country in full it's a bright future but the taxpayers that it seems carries a multi-million pound price tag they'll be paying off for a long time to come so fast to. offer an in-depth analysis of what's
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happening to the wall finances do you stay with. the world bank planes more crisis a contribution to. climate. exclusive interview coming up in our business because in around ten minutes. standstill. supplication this issue paralyzed with the traffic find out if there's a solution to the capitol daily grief. and now for a look at some other stories making headlines around the world the pill in young has accused south korea of using civilians as human shields in their confrontation this week it's just after eight sounds. clashed with police during a rally in seoul to show their anger at the country's response to its confrontation
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with the north tensions between the careers is running high as the u.s. and the south pass a large scale military drills that began on sunday. new warnings against the war games calling them. the provocation. police in the u.s. state of oregon have arrested a teenager to explode a car bomb the somali born american the alleged target was a crowded christmas tree lighting ceremony in the city of portland he was detained after making a phone call which he believed would detonate the device the bomb was a fake supplied by the f.b.i. is a long term approach. from the u.s. is the number of foreign governments about big spectator release of diplomatic files by the whistleblower website wiki leaks there are thought to include private assessments of foreign leaders and could erode trust in the u.s. as a diplomatic partner website says the amount published will be seven times greater
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than the pentagon files only a rat if there were released. white house say they're not sure what the leaks will contain but that they'll put lives at risk. now moscow's traffic is infamous with millions. drivers spending hours in a daily gridlock in a rapidly growing capital where almost everyone is a car is compounding the situation but the new mayor has a raft of plans to tackle the problem even muscovites hopeful for a civic should before the city comes to a complete old established over found out. the time when moscow streets was base empty is long gone nowadays the city's traffic jams on a tory as being the world's longest the city has become so congested the problem has been given top priority at a top level the minister to them as plan has some good points if at least half of them realize they have found to be fewer traffic jams suborning that could save
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a cabbie like yaroslav up to three hours per day going nowhere at the time he would no longer spend breathing and exhaust fumes with. of course you won't get a heart attack from one traffic jam coeditor if it several times a day for many hours or add that to other adverse fact as you and your body will wear out so much faster the problem was born in the one nine hundred seventy s. and eighty's when many of moscow's major roads were planned back then how many want to madge and a moscow family owning two or even three cars. despite the recent efforts the speed of traffic has been dropping going on year experts blame it primarily on a severe shortage of space the enough for a b. in moscow over the past fifty years the amount of road building was far from fast enough can you believe that we have three times fewer rage than in paris the. lack of coffee drivers to ditch their cars on the sides of the already congested roads
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and this is the old way of tackling a problem the new math promises a different approach his draft plan suggests among others the road widening tolls and removing most ground level the best when possible its public transport also faces a major overhaul slowing colley buses will be chased out of the city center by foster alternatives russia's very n.g.o.s slow now satellite system will also be used to monitor jams while traffic cops will be replaced by automatic on all these. cameras and monitors only cover forty percent of the city far from enough save the police the system needs updating and modernizing none of which can happen without a serious injection of cold hard cash the mayor is now looking for ways to raise the billions of rubles needed for the changes not everyone though is happy with the scheme a suggestion to ban trucks from the city during daylight that sparked protest from
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their drivers and about the fact that you don't time should be for sleeping. people and rest of the night. i believe the time saving would end up costing people among retail companies in mass to claim it would be impossible to deliver goods at night while replacing large problem trucks with many smaller vans would trigger a surge in prices another job cost a lot of guys don't drive through the city on their own that then the petrol to to provide for most goes every day life we hope they don't think paying the trucks will mean having those followed because it won't. but most traffic experts agree the mayor's proposals are reasonable as long as it's not just a publicity stunt and the money is found to solve the problem for making scenes like this one history. r.t. moscow. fell by having a top six is then just a few moments we're giving you
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a chore of moscow is an area chinatown. but the subject was when i looked around the smaller greats of the ministry of chart success fortunately i could have used. the. wonderful chinese food in the russian capital for certain words and disappointed. make sure you join the must go out and say team in just a very now is time here on out see all the latest gadgets and i take a cheap mints also getting a review in technology that's it around ten minutes time with before all of that let's check out the business news for this hour with catalina.
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hello i welcome to our weekend business program good to have you with us policies to stimulate growth are the best way to ensure the economic recovery doesn't falter according to the president of the world bank it's a view that appears sharply at odds with the austerity measures being brought in across europe correspondent paul caught up with robert zoellick in st petersburg this week to discuss the recovery trade and currency wars. much of the debate is talked about the current account imbalances and sort of rebalancing aggregate demand that has a worthwhile role but i think it needs to be combined with a growth agenda so not only talking about shifting the existing growth but how do you build future growth this is a lot focus is on infrastructure development where we saw with china in the
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ninety's ever seen in other developing countries investment in infrastructure today can create jobs but also remove bottlenecks for future productivity growth but this is going to be true for the developed countries too they're also going to have to have their structural reforms in the in the currency area i think you're moving towards a system where the dollar will remain predominant what you're going to have the role of. the euro sterling and over time the chinese currency is going to be that isn't ready yet because it's not open capital and over time the question is how will they move to that issue so the currency issues i think reflects some of the lack of confidence in the nature of the overall economic recovery and again to put that on the right track i personally think the pro growth solutions are the most important do you believe that the u.s. is actively devaluing its currency no i don't think it is now the currency may go down but i don't believe that's the government policy if the traditional developed economies in the west want to moshing players to play
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a more active role and here i'm thinking of the. shouldn't they have agreed to stay in the key financial institutions like the i.m.f. and world bank i think that's a natural course of development of this new system that we just talked about i mean so part of this is you're moving from a g seven g eight world to a g twenty world which has those countries at the table another part is that over the past couple years we've been able to shift some of the voting shares so that developing in transition countries at the world bank now represent about forty seven point two percent of the vote we added another chair on our board. for sub-saharan africa just as important and then is the staff and so for the first time in the bank's history level right below mine the three managing directors are all from developing countries our chief economist is from china so i think these are part of the evolution at the same time is developing countries play a larger role they also have to assume responsibilities and that's part of the
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tension you see whether it be climate change trade growth currencies do you think you'll be the last american to lead the world bank first off those are questions obviously for the shareholders to decide i'm just trying to do the best in my term second it was very interesting how you stated it if you open it up to broader process i hope you're not precluding but if you say i'm the last american that would preclude it but i think that's an important point because just from my own perspective you know while i've served the u.s. government at the state department treasury i personally believe the united states needs to engage in the international community to engage in multilateral institutions my worry is more sometimes the trends towards isolationism so i think it's healthy when the united states has a role in these institutions now their tradition she would never find the u.s. head of the secretary general of the u.n. other institutions or say for regional authorities so this is what international politics will be about i do believe from my point of view i've tried to strengthen
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the role of the emerging countries both in senior management and in terms of the voting power and equally important treating them as clients so the age of sort of trying to tell countries what to do is gone. and must stop close in the read on friday amid declines in equities in oil prices due to escalating tensions in korea that has been the percent lower in my eyes it's closed down over a quarter of a percent most of the chips finished in the red but gazprom gave one point two percent on expectations that. three and a half percent stake in the gas giant would be sold to us to teach it can best. now the week has been volatile for the us and markets with investors concerned about the debt problems in europe from troika dialog explains what other reasons for the decline. it's thought it's with decent growth in international markets but. tuesday we saw a sharp decline in all markets and actually that was driven by korean problems and
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second the weakness of europe on concerns that ireland is experiencing serious problems and europe will have to help them with with the situation but then we saw the growth the on wednesday just before thanksgiving day in just a russian market full of bits in general situation is changing that's for sure we saw someone to money entering russian markets and we saw the buy is probably first time in many many months i would say industrial which is very very important because from looks very interesting i think the board decided to cut complex next year by ten percent which was taken by the markets very positively and the market also expects that bloke of about three point five percent will be bought out by because i'm buying and that's also very positive for the market because problems were very well beat this week and that gives me kind of hope that december will be stronger and i think the markets will be expecting the
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welcome back at home. this is around his press the switch for its nuclear energy plant like andres atomic cheese says the pushchair reacted to will soon begin pumping like custody into a rainy and. switzerland set for a referendum to decide whether immigrants who commit serious crimes should be kicked out of the country supposes the proposal should be adopted to protect locals . and georgia's a foreign debt is spiraling on the president. wants spreading fears the country could soon go bankrupt for six say the money's being wasted instead of actually being spent on people's needs. next week take a look at some of the navy.
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