tv [untitled] December 1, 2010 12:00pm-12:30pm EST
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you can. see don't need to go and. read this and the colonel was slow to retreat. countries bidding for hosting rights of the world cup twenty eighteen and twenty twenty two are making their final push with russia as one of the favorites. but we should be doing is saying to our friends we will help you come out of the euro and get back to having euro currency fresh protests sweep across europe against the need to bail out failing economies with italy among the next at risk. greece. and present. leading players in european security to push aside the stereotypes of the past and work together for the sake of future stability.
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this is our. time as kevin owen here tonight with our top story for you and first the fight for the right to host football's world cup centered its final stage with candidate countries making their last presentations russia's bid for the twenty eighteen tournament said to be one of the strongest but it faces stiff competition too from western europe. covering events from the fifa media center in zurich for us. now a big names have been arriving here in zurich and the media had their stakeout in front of hotels where the the important people are staying now as you know the actual voting for and who will win the hosting rice of the world cup twenty eight thousand and twenty twenty two will take place tomorrow but presentations have already started now russia will make there's a tomorrow their final pitch to the judges but before we get into that let's have a little bit of a back out and have a look at russia's bid twenty eighteen we believe this banner at russia's latest international friendly described how fans felt about russia getting the world cup
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but does the country with a rich football tradition stand a chance of becoming the hosts i the dutch coach of the national team certainly hopes so even though his home country is among the big. we need the world to. put the infrastructure. because. many experts agree with that notion believing that russia lags behind its rivals in terms of infrastructure but that is about to change according to those behind moscow's bid this is the denominator stadium moscow's oldest this is where history's greatest football goalkeeper russian spent his glittering career the game's legend did not live to see his home ground being transformed it is now under construction to become an stadium. all in all russia plans to build sixteen stadiums for the world cup games
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a graphic presentation shows clearly that all grounds will be high tech the head of russia's bidding committee says even if it loses the right to host the cup it has won in other ways. and every promise that we have made to the city is being fulfilled right now as we speak. we do have a lot of things to build. it's no secret and we have already started that even. the first choice out of sixteen stadiums will be built regardless of the outcome of the december second footballers playing both in russia and abroad are relishing the prospect of playing on world class pitches but they say russia needs the world cup to both revive its one strong for book traditions and to open the country to the rest of the footballing world. i will be playing at that cup anyway but i think it will be the biggest victory for my country if it gets that. brings brings people
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together. it's a great tournament a huge storm and even to south africa is a great success you know and something like that is a huge thing and i'm sure the people are actually broken. experts say thursday's voting in zurich will be completely unpredictable the british press however believes that russia's bid and the joint one of spain portugal are favored to win the russian delegation hopes it will be able to impress defeat executive committee just as russia's big b. team did in guatemala to win the winter games for sochi. russia. reporting from moscow well as we've heard there's still a lot of work to be done in russia but officials behind the russian bed are not looking at this as a disadvantage in fact they see this as an advantage a potential for growth and development to support as well as some people to see what the feed. behind could be massive now joining me to talk a little bit more about this is r.t.
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sports presenter andrew farmer now andrew russia is pulling out the big guns that was the latest from the camp site the big guns but the big news in a moment is that prime minister putin will not be coming to europe he says he does not want to put pressure on the faith the executive committee which will vote tomorrow not a logic behind it is that mr putin was largely credited with bringing the winter olympics in sochi twenty fourteen to russia heated up in guatemala. see you then gave the vote to russia but this time around he says he wants russia to win the debate on its own merits and therefore he does not want to be seen to be putting more leaning on the decision makers but big ones will be here the vice prime minister eager she of all of the big presentation also coming later today is the russia captain. as well as the chelsea iron dome on up or i'm over speaking about scandals how the two officials have been suspended by fifo will remain suspended now this could possibly be good for russia couldn't it it could do does mean twenty
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two members will vote tomorrow night the winning bid will need twelve votes but it does leave a possible situation it could be two teams left in the lead and very sage if that happens the face of president sepp blatter would have the casting vice and he's been making some good noises about russia over recent weeks so who knows if russia has left in that final round of voting and this time with another beating nation it could well go to russia all right well russia will be making had the final presentation tomorrow they will be presenting of course the technical side of their pitch but as well as a pulling a few hearts raise up is that because for all sides of russia now russia will be the last one presenting it who knows this could also work to russia's advantage. andrew farmer there in syria coming up later in the program a self wrapped christmas present for the f.b.i. . interest is not legal in traveling is getting someone to do something that they would you normally do the arrest of an alleged terror suspect sparks criticism of
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anti terror tactics in the u.s. as agents themselves helped him plot the attack we've got a report on much coming up in just a few minutes time for you tonight also missile defense for europe must be addressed and u.s. officials should watch what they say will reveal details of the dimia putin's interview with american t.v. veteran larry king. and in the eurozone country another threat of an imminent bailout italy is the third largest economy that uses the euro and there are fears it may start plunging in the same direction as greece and ireland now with the euro falling the amounts of money it costs rome to lend debt ridden countries is rising dramatically spain portugal and belgium are also at risk of being pulled into the crisis doubts about the future of the single currency and the e.u. itself has been intensified by fresh protests sweeping across europe with people angry facing savage cuts to pay for it all this break down some of this we're joined now from berlin by michael market analyst and author good evening to you
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thanks be on the program with us so what does it mean for the e.u. and the eurozone if one of its biggest economies like italy is now coming out of this sort of pressure. it doesn't mean the end in my opinion because the political will is there to keep the euro with all means and this is what also is he being. president today announced the money order to make the euro survive the other question of course is if by printing money you can keep the euro but i mean we're here on a very political. issue that means if the euro really will go then europe also will drown and this is what nobody wants on the other hand of course. there are problems at the periphery but to do tomorrow the e.c. b. will meet again in frankfurt and like to present a package. in order to make the euro survive this package on the other hand doesn't
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mean anything else than printing money similarly to their work to the feds. quantitative easing to already have done because you print yourself towards disaster you say the euros could be saved at all costs surely there must be a line to be drawn at some point i'm thinking about spain i'm thinking about portugal belgium the problems they're having is that you are really going to be able to survive or is it kind of just wishful thinking. i mean we have here in germany many skeptics about the euro and as a recent poll showed. already fifty percent of the germans want back there but the question of course women's if this is a practical way mean we are all in the same boat there is much criticism around we know what had gone wrong for example the party in the southern parry free of europe but on the other hand how could you manage to. do that to your role
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fall apart i mean there's no other way then germany has to pull out of the euro if this is a possible or practical way this is of course of the other question but i don't think the german politicians are going to pull out of the euro they will stay there until the end so where did it all go so wrong for the euro was the idea of a single currency flawed from the very beginning when the idea is that europe needs to have one was and has to be one power and this power is only defined by a currency by a common currency if this currency this common currency is falling then europe. it's voting rights in the world and this is what the politicians are well aware of so they will do everything to keep the euro life how long this will last is of course another question because every. economist you know with money printing alone you cannot save a currency but at least this is done they are doing what everybody is doing the
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americans as well and. in the same boat and what about germany with the euro zone's third largest economy risk talking about italy just now is there a danger that even the mighty germany could be hit eventually. at the end of the day this will be the consequence is this what we are also discussing here in germany but as a matter of fact many people are not very interested in money or systems in currency so all in the newspapers this problem is not revealed very much of course if the periphery falls german will be the lender and at the end of the day also germany wall fall finally if we have interest rates of four five six percent also germany is not able to beare this and so we will have big problems but all the politicians want to do at the moment is first and foremost to save some time and
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saving time is only possible with germany that means that basically germany will bail out every single country in europe until it finally maybe also falling but then we have gained some years and then we can see on what's going on because on the other hand you have also to see to this what is going on is some sub something like a currency war let's face it i mean the problems of united states are much bigger checked california for example look at other countries within the united states here in europe we parted with the figures and this is also something you have to consider that there is also a political strategy behind all of this that those countries are attacked i mean in italy we have interest rates at the moment at about around four percent so there is not such a big danger also today bain's interest waits have eased
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a little bit small maybe this is a new direction but on the other hand. i think the political the politicians will do everything to make them you will survive also here in germany and also many germans think that this is maybe all right michael ross very good to have your insight on the program tonight market analyst and the author as you are talking to us tonight from berlin thank you. more reaction to the story as well european parliament member nigel farage shows that countries are trapped inside the euro zone and should get out to save their economies. if spain went down remember that the debt they got is about seven times the size of our land so we'd be talking there about three hundred fifty billion euros and italy bigger still and so you get to a point where there is no more bailout money and where the euro in its current form would cease to exist i don't know whether that will happen in the next few weeks but it remains a real possibility when arlen joined the euro there were people like me saying there was no benefit for the country as most of their overseas trade was
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denominated in sterling or dollars anyway and that to join the euro they would have to have artificially low interest rates and for the first seven or eight years of their membership of the euro irish rates were three to four percent lower than they would have been had the irish kept the point i what that meant was that the property boom became the most massive speculative bubble and that's why the bust is as bad as it is and now adam finds herself in the euro where euro zone interest rates are going to head up over the next couple of years at the very moment that they're trapped inside a deflationary downward spiral what we're talking about is free trade is the ability of companies to buy and sell goods from our next door neighbor in countries look the swiss do that without being you members little we do that without being members so if what the united kingdom wants is free trade she can have that without being part of a club that makes three thousand new rules for us every year and cost us
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a membership fee of nearly fifty million pounds a day and the seven billion pounds that the british government has said it will guarantee for the irish frankly is money poured down the drain what we should be doing is saying to our friends in our land we will help you come out of the euro and get back to having your own currency otherwise frankly we're wasting this money mr gross so someone said i think two years ago he said that the european union was the first ever nonmilitary empire and what empires try to do is expand so they'll have it into the euro and they'll try. join the european union next year over year after base think that all the while they're expanding people will say well it must be going well and it will take their attention away from what's going on with them sadly it's too late and all the opinion polls show that in germany in greece in britain and ireland a right across the european union increasingly the publics of europe are holding the political class that have done this to them in increasing contempt european
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parliament member nigel for talking a little earlier on to my colleague carrie johnson here on r.t. and you can watch the full interview at r.t. dot com it's also where are you chief chalmers well and what we're talking about what's online from us tonight let's not forget our there are two dot com tricks of the trade a special guide gives you the perks and pitfalls of buying food in moscow markets and the rules of successful bargaining if you're over here to count the job in. over ninety years after firing the shot which sparked the bolshevik revolution the legendary crew that a roar is officially decommissioned and its crew disbanded all the details about some. the organization for security and cooperation in europe is losing its influence and needs to be modernized bear the words of russia's president dmitry medvedev who's
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been visiting the kazakh capital of us tonight as it hosts the first summit of the fifty six member group in a decade russia also wants to reboot relations with a group which suffered after the country withdrew from the european conventional arms treaty three years ago that decision came after the us announced its missile defense plans in europe and also at the summit president medvedev has once again pushed his initiative to create a pan-european security treaty. but. the new treaty we have proposed would be aimed at guaranteeing common security for europe i think everyone who supports it is you know it's been discussed for two and a half years maybe the stereotypes of the past are still strong and this initiative is ahead of its time but it turned will inevitably come. as get more analysis of the story victim is in from moscow's institute of strategic assessment says that ensuring stability in iraq as borders is essential for the country's modernization . russia is not seeking any kind of confrontation of course even.
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from call assaulter of course we are all real it is for any kind of reforms but what russia wants it's very secure environment especially on its borders because we need it for done it very soon and i think russian diplomacy was the way back to you personally in the last year of putting forward very interesting the very innovative broke balls also. on european security including. russian probably have limit putin's also been discussing the country's security policy in an interview with american t.v. host larry king he says that moscow wants to become an equal partner in new plans for european missile defense otherwise it would force russia to increase its nuclear arsenal to defend its borders when asked about the latest wave of wiki leaks putin said it was quote no catastrophe unquote because it was such a poorly kept secret however he did lash out at the assessment of his relations
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with president medvedev saying the comparison to batman and robin was arrogant and unethical interview airs on wednesday evening in the us and he's likely to be the last statesman to to appear on larry king live before the veteran t.v. star retires. it's been hailed as a coup for u.s. national security the capture of a terror suspect accused of planning to set off a bomb at an annual christmas tree lighting ceremony but as a reason as to see a churkin a reports next tonight many believe it's a case of entrapment with agents having groomed the nineteen year old somali american for the crime. this winter season the f.b.i. celebrates the reason the arrest of a potential terrorist but a little something is wrong with this picture over the eighteen months they cultivated him the alleged plot or as a teenager the bomb he planted a fake and the f.b.i. allegedly manipulated him into committing a crime entrapment is not illegal entrapment is getting someone to do something
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that they would normally do the guy named mohammed had his e-mails tracked by authorities while they waited for the right time to get him to act against u.s. national security or the f.b.i. as dave said with him every step of the way because he started since he was fifteen years old four years x. amount of money and efforts from the f.b.i. later the sting mission comes to a close the nineteen year old is accused of plotting to blow up a christmas tree in portland oregon the language used against him in f.b.i. records is all too familiar to the sensitive american and even though the device was. here spreads like bacteria the threat was very very real. media images were quick to portray what could have and would have happened had the barn been real. becoming yet again not a watchdog but an echoing voice of authorities long as terrorism stuff i think is
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kind of embarrassing for most of the media the way the f.b.i. is official word on whatever is just taken as the truth but the obvious truth to some is what's not addressed at all when it comes to national security and terrorism it just sort of stops all conversation it's chilling conversation you immediately assume i want to be protected the f.b.i. will protect me and and therefore whatever it says is true when often it isn't the case dubbed the christmas tree plotter is far from the first to bring to light the practice of entrapment in the u.s. convincing pursuing. and tricking the eventually accused has become systematic according to some and they can come after you and they can manufacture crimes against you and they can make up a whole case and put you through the whole thing and eventually if they can persuade a jury that this manufactured case is valid you can go away to jail for a very long time and with the case being built against muhammad not just by officials but by the media too what if
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a catastrophic event at this christmas tree lighting the destiny of the u.s. citizen turned water with a little help from the f.b.i. seems clear to the problem is that you know in court cases people juries believe the f.b.i. they are the f.b.i. they've been you know we've been indoctrinated to believe that the f.b.i. can do no wrong of course there are many many cases where the f.b.i. has done a lot of wrong the rule of law enforcement is to catch the bad guys so that the good guys feel see for good when criminals are not just caught by officials but also created the ideal national security becomes just as made up as the means of reaching. this issue could. just be a sport right now the latest business with. hello and welcome to the business program russia may postpone its fast sale of brittle bones the euro crisis has let ruble bonds to tumble as investors avoid
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assets they consider risky russia's also suffering slow economic growth and high inflation of the other bric countries the sale of three billion dollars a ruble denominated bones could be delayed until twenty eleven. and the government may cut spending for twenty ten fifteen billion dollars to stabilize the budget deputy economic development minister on trade click five says that the drop in spending will of course investment spend funds will be held in the reserve fund to question any truck in oil prices. and investors have taken a less favorable view towards russia versus other bric countries but emerging markets should still see high growth than their more developed rivals shala global economist at h.s.b.c. bank of splays why. the growth outlook for russia is a little bit softer than for some of the other emerging market countries this was
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relating to supply side shocks emanating from the drought and also there were fears that because of the inflationary pressures you would have seen monetary tightening going forward to there were these two factors that did come to play also you have to remember that russia is really a cyclical player growth you know there was expectations that global growth is going to be sluggish and so oil prices in particular will remain subdued. these two factors have hurt russian growth expectations but that should change going forward a lot of money around the system right now there is a lot of liquidity and that liquidity is looking for you and it is really available in emerging markets not just the yield but also you the structural story in emerging markets is a lot more attractive than it is indeed markets we're expecting growth of at least six percent over the next two years in emerging markets whereas growth in developed markets is a lot slower around two percent or thereabouts so overall the picture is
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a lot more attractive for emerging markets and that story should sustain over the coming. russia will add. to its international reserves the head of the country's central bank says this may happen within half a year. and the euro constitute more than forty percent of russia's recess along with british pounds and japanese yen the central bank house ready invested in a small amount of canadian dollars the reserves of foreign currency gold and other assets. russia and the european union will sign a document on russia's accession to the world trade organization on december seventh and brussels that's according to deputy prime minister alexandr juco in the end but russia signed an agreement which included timber exports to shoes along with pricing formalised of goods and services russia which has been negotiating its entry into w t o's the seventeen years hopes to become a member next year. and a quick look at the numbers you have stocks jumped into december with strong gains
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us robust to us jobs figures and manufacturing data from china and the u.k. helped investors look past festering concerns in europe. found in europe the footsie finished up more than two percent the dax gained two point seven percent at the close which was the biggest gain in three months as investors speculated that the saudi debt crisis may force european central bank policymakers to expand their arsenal at their meeting on thursday for shared funds to six point two percent off to investors approved a six point six billion dollars stock sale to reduce the comic was debt before its margin with books fog and distant croup and climbed with metal prices. and in russia the mindsets of the r.t.s. finished wednesday session most of the blue chips were high with gas from leading the gains it shows sort of four point seven percent this comes off to the german energy company on sold as we in the hopes and stake in the bush and gas giant.
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royal dutch shell and brawn plan to expand their partnership and explore while in western siberia and russia along with distribution projects and you're the companies have not revealed their specific plans they still work together on russia's sally an island off to moscow forced shell to cede control of the border into say two thousand and seven on unfavorable terms shell has a twenty seven and a ha percent stake in the second and fourth while gas from has to percent. plus one share of. russia's hydro power holding force hydro has expanded its ambitions along with its investment plans it will spend at least three billion dollars a new plants while watching eyes an old ones and boosting output by a power to thousand megawatts profits are up ten percent so far this year at ever seven hundred million dollars in the first half of twenty ten. the investment program for the next three years was confirmed this summer next year we plan to
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invest over three billion dollars around twenty percent will finance the technical upgrade of the existing plants the rest will fund construction of new hydro power facilities our key priority is to increase the value of the company in this regard the asian market offers outstanding opportunities the region has vast hydro power resources it also enjoys growing economies and business. as a company representing a whole segment in the energy industry we are interested in a wide range of cooperation from engineering to exploitation this means that we represent all change in electricity generation and renewable energy and the asian market is the most attractive for us at this time. that's all we have time for now get more storage for website r.t. it out can't slash business.
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