tv [untitled] December 9, 2010 6:00am-6:30am EST
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so don't need to go and. run this in the kennel was her job as a retreat. these guys are getting much deserved bonuses and they want to celebrate the bonuses and party and have a great time there's a feast on wall street with record bonuses on the way billions of being spent on luxury america's growing unemployment. and in the u.k. a public budget cuts and with thousands of students now expected to hit the streets in protest at a tripling of fees to go to university. naples the daily effect here in musk a living finding out some of the interesting ways the people that have been keeping him.
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and coming up in the business say prime minister vladimir putin calls for a home grown pharmaceutical industry supply the majority of essential drugs and medical equipment to russia will have the details about twenty minutes time. a very well welcome to you this is our life from moscow bonus time is approaching on wall street. many rewards are set to rise but it's not just the bankers' bonuses going up so was unemployment across america this thanks to actions of those same financial institutions who were rescued with the billions of dollars in bailout cash. looks at where that money is ending up. next the
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sculpture thirty thousand dollars now the first floor thirty thousand to thirty two thousand if an artist were to illustrate something of today's new york city office that fifteen sixteen seventeen eighteen thousand votes nineteen thousand it may just be money bags twenty four thousand dollars to twenty six from you amid the lackluster american economic climate christie's is seeing sunny days this painting sold for a little over six million dollars with over six hundred million dollars worth of impressionist and modern art sold this year thank you so since two thousand and eight we've seen an increasing return of confidence to the art market new york has once again become one of christie's selling sites sixty five thousand dollars what you like you would like to think you're just as wall street's wealthy and powerful . after you think these are back to indulge it pampering at the la perouse spa at the ritz carlton involves wearing decadent hors d'oeuvres i recommend this skin
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caviar body cream cream costing more than seven hundred dollars for less than four ounces while the caviar facial costs more than three hundred we do have a very very very large corporate following so corporations will come in and get their employees coming at a time when corporate america is banking record breaking profits one hundred fifty thousand. dollars from choice to. business at wimpy jewelers has spiked but only those making top dollar can afford pieces with price tags that exceed the average annual income of three u.s. households combined expecting a very very busy time of year the more. business boosted perhaps my bonus is coming from a one street less street the symbol of the finance industry the financial collapse and record breaking compensation one hundred forty four million a pair. only about four percent from last year's record haul if anyone would know
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about business it would be we always want to make everyone happy here here at rick's cabaret happiness comes bearing lots of skin and beauty but it doesn't come free for an evening six seven eight thousand dollars three thousand dollars it's hard not to have a good time when you're surrounded by nearly no uniform of you women who've seen a boom in business as wall street has rebounded and these guys are getting much deserved bonuses and they want to celebrate bonuses and hearty and have a great time from six cravings. to food cravings one hundred and seventy five dollar hamburger served up at the wall street burger shop and we still fellow. you know every month get him for ten ounces of cool beef seared gras age greer cheese and this is kind of where all the value lies this is a white truffles was a black truffle as well as gold as in gold leaf flakes to garnish off the burger
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there isn't anything that's really just to make it pretty. particularly pretty for financier's working for america's biggest investment banks where employee pay is expected to average how the million dollars or more no such promise is here on main street were fifteen million americans are officially unemployed and u.s. poverty levels have reached a fifty year high forty four million people ironically that figure marks new york city's most expensive residential sale this year a seven floor fifth avenue mansion purchased for forty four million this as more than two million homes have been swallowed up by foreclosure in two thousand and ten still in the early eighty's in this so-called rebounding u.s. economy. thank you purveyors of all things luxury are in fact surging while the majority of americans are left wondering when life will finally
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begin looking as pretty as the painting marina port nyunt r.t. new york. meantime gerald selenski founder of the trends of research institute says wall street is a back up and running and being allowed to leave the pool behind began the gap between the rich and the poor in the us is the widest of any of the industrialized nations wages are stagnant median household income is is below two thousand levels it's only a small segment of the top that has all the cream when you talk about those bonuses hundred forty four billion dollars those handful of wall streeters are the equivalent to a country that would rank forty ninth out of one hundred thirty four countries in the world we've said it since two thousand and eight when the top programs began
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it happened in front of everyone's eyes wall street has hijacked washington. and all the way across the atlantic there's a discontent from those being hit by government cuts. there is a sort of caravan of despair that goes around europe austerity measures are driving a wave of protest this time in the u.k. it's the angry students who see a future of debt stretching ahead of them. moscow says it expects nato to explain itself over the suggestion it is agreed a plan to defend the baltic states and poland against russia it was just one of the revelations in the u.s. diplomatic cables published by whistle blowing web site wiki leaks russia's foreign minister said a good laugh it off had this to say. leaked cables. that
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were published on we. of course are reading them some of those cables. of course you can treat everything because it's a lot of documents that became if they lable despite. the fact that there are classified secret i take a philosophical view on the situation of course it's interesting to read the things that diplomats ride you know to to provide the floor in front of information to their capitals but in some cases of course we have serious questions for example this situation with the declassified or other leaked documents. that indicate that nato planned military action to repel a russian. attack on the both two countries for example of
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course we paid special attention to that. for two reasons primarily first as. we can see from the leaked documents that these plans were made last december exactly. when we held our refer east ministerial meeting of the russian yto council after a long break. and we made a decision to move on. after the deadlock that we had because of nato's position. after the two thousand and eight crisis in the caucasus. so on the one hand at the ministerial meeting nato agreed to develop important documents with us to develop our partnership. and on the other hand they may disagree decision to defend themselves against us. and.
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secondly we see that these plans were approved in lisp on. where there was the russian nato summit and where president and thirty of them together with nato leaders approved documents calling us strategic partners. so we have this question when nato is sincere when it's openly talking with us about partnership or when it's secretly deciding behind closed doors to protect against us to defend against us so we ask those questions and we're waiting for answers and i think we are entitled to that. and staying with the subject of wiki leaks a payment processing company in iceland is planning to sue credit card companies who refuse to allow donations to the site visa and master card have both been
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frozen and they've become now as being a frozen financial transactions the site's founder is in a british prison waiting to find out whether he'll be sent to sweden over allegations of rape the charges against julian assange dating back to august to were originally dropped but there reinstatement has led to speculation the u.s. could be using them in an attempt to keep him quiet some high profile american figures have even suggested the internet whistleblower should face execution or because secret u.s. diplomatic cables were published the content of criticism of allies but as independent journalist antony loewenstein in sydney says even if a songe is silenced there are plenty of others ready to step in. well i think this certainly being rumors for a long time that the us government would like to get a song in silence here and we should leaks i mean it's something that many of us illustrate you and me how it's the world fundamentally opposed and we demand you
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straight in government provides far more support and resistance to those who think if they happen one of the concerns that many of us have is that if this extradited from sweden that he will face a political trial rather than a legal trial and we are being attempt to silence him for a very long time once theory is charged so we very much opposed it i very much oppose that possibility but i think it's a real risk and the truth is that if you knock out what you leak that julian is songe tomorrow someone else replacing the genie is out of the bottle. if you want to know more about the effects wiki leaks revelations and how they've been having the effect around the globe you can always find out more on our website that's on dot com. including a website. secrets of the russia. dissipates difficult discussions and you can see his full interview online.
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previous democratic presidents. bill clinton. jimmy carter think it through. london is braced for demonstration of thousands of students there making a final attempt to prevent the british government from more than troubling the amount some will have to pay to go to university trade unionists are also expected to join in and there will be a large police presence after previous protests turned violent. says students wondering why banks get handouts while they have to pay more. another wave of
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protests is set to grip the ukase capitol on thursday this is crunch time for the student protesters as it's their final chance to make their voices heard ahead of the evening vote in parliament on increases in she wishin fees for university students they say it will mean a university education will become elitist a privilege for the few rather than a right for the many estimates of the number of people expected to march in london ranged between twenty and forty thousand and that's in london alone this comes against a backdrop of a europe in crisis as billions for national budgets goes to save banks and into the coffers of the european union after a summer of the austerity demonstrations on the continent the u.k. seen a wave of autumn process and ireland's or its own demonstrations earlier this week as its parliament passed the toughest budget in irish history to secure an i.m.f. and e.u.
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bailout of one hundred fourteen billion dollars the feeling on the streets there is that ordinary working people and the less advantage to being made to pay for the mistakes made by rich bankers and prophecy speculators one of the groups who resent this the most is the german taxpayer europe's largest economy is floating the bill for bailouts and e.u. excesses and there's a growing feeling amongst germans that it's not fair that they should bail others out of the action in london is expected to take place around parliament be around a thousand police on the streets of westminster is protesters tried to directly not be m.p.'s into voting against a fee hike but it's widely believed this will be the end of civil unrest in the u.k. if the fee hike goes through more people are expected to join with the students in what's already being dubbed a winter of discontent as the european people feel more and more they're being required to pay for the mistakes of a privileged super rich few. reporting still to come
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a little bit later here on r.t. and mike scioscia considers how to stop financial terrorists attacking the world's economies. that owns j.p. morgan the j.p. morgan as the fed that's part of the u.s. banking cartel jamie diamond is ben bernanke he is dirty underwear and ben bernanke he gives jamie dimon a few billion fresh and if they don't then jamie dimon says we're going to crash the u.s. economy the global economy by not rolling over this junk diaper debt collateralized by baby poop and your old tired global economy goes into the into the swamp now why is jamie diamond not in guantanamo bay right now being violated by black mortars zero never is down there walking on broken glass eating broken glass why why is he allowed to roam free why is your double standard why do the people at airports have to have people from the t.s.a. stick their hands up their strength ring up to their elbow and then jamie down with
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you walking around free as a bird i don't get it he's the. aussie is coming to you live from the russian capital and long suffering motorists all of moscow will come to a beautiful but depressing sight this morning a blanket of snow across the city which means one thing slow commute is going to get even slower sorry for those in the center of the russian capital where the roads look more like festive car parks does not cross over the sarah and hello to you sir i woke up this morning the snow was coming down to extremely heavily now it seems to have tapered off a little bit where you want to tell me this what is the first major snowfall of the year what is it done to the roads where you are hearing all sorts of crazies towards. but it's really had a very. scary scene many parts of the city that race has since become to standstill and others look at traffic on the right states. in the center is such
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a moving in stops and starts that many of the people who are traveling on the right wing going to be going anywhere quickly at school and know you know what it's like when you're stuck in the traffic we heard of a stating we will be carrying that i drive this is what they have been putting safer that way at the feet of the private service of the situation and that to keep themselves and to take this topic. completely stuck anyone got food i have some jellies willing to share sivan one seven b.m.w. let's leave on cause and grab a beer can anyone put my yellow meaning in the boot i'll sleep a while it's my wedding anniversary today i'd love some champagne. well i think that they put in i say that they will. get regularly there but they when the topic is over we've also been here you know both if that is
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what is the big headache but they both but what were they likely thought of would they fight for the oil leaking way the thing that will save it. terrified of traffic. moskos miles of jam sneaking back as far as the eye can see and in the midst of a lot of angry drivers fighting off road rage if you want to get anywhere better plan and early start. to the half hours that's an average time most cool water is found stuck in traffic jams every day that's a world record that's what we should we drive people wrong the muscovites consistently rank among the air in greatest drivers on the planet. yet while some a left red faced moaning about wasted time others are trying to make the best of a bad situation sergei has spend anything five and
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a half hours in traffic but that didn't knock him for six as a now the traveler he uses the daily commute to study foreign languages. used to be very first. then i came across changed not only being on the road sometimes. with the past two years sergei has refresh his english and learned some german behind the will conversational spanish is his next goal. here. and the other way out for stress motorist is bringing some. the comforts of home with them and go to eleven suggests sales of car guard jets are on the rise. we see a lot of demand from have a geisha devices with them built to be to those with so much traffic we have in
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moscow i guess people spend more time in their cars watching t.v. and following directions and some resort to even more eccentric tools diary is a well known mosco psychic a few years ago she would a hummer and hired a driver also she could travel constantly and stylishly through the globe highways and byways. i keep the same watch in my car i look at it when i need to make a decision and i have plenty of time for that while moving around the city for me it's a symbol of life a symbol of turning. an eternity can seem like a very real concept while stationary in your car staring at the brake lights in front that's why drivers are finding new ways to see back relax and go with the flow however slow it's not going to artsy moscow. and that's why for the business update with shot it.
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well i welcome to the business program here on r.t. with me scholem's folly u.s. regulators of frozen assets of unnamed investors who bought shares in russian juice group. just before pepsico announces takeover bid someone use a swiss bank account to buy four hundred thousand american depository receipts which are a proxy for wimbledon shares in the new york stock exchange it's illegal in most developed markets to use inside information to profit from moves the share prices last july russia adopted a law against insider trading their regulators are still working out how to force it down a deals jumped twenty eight percent in new york last week i would have unnamed investors a profit of about two point seven million dollars. leading softer employees the pepsi co will invest more than one billion dollars in the russian market in the next three years as according to the local head ramon look at. our c.e.o.
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was here in russia what a year ago she committed in the noise she committed to about a billion dollar investment over the next three years and we've already invested in the no more than double blind south of moscow where we produced we produce all of our seriously as we're going to expand very very supply and are investing in logistic distribution centers will be bigger say p i two systems across a business so we commit to these one billion dollars really with their position of we build out this with all our. prime minister putin was a homegrown pharmaceutical in scrape to supply ninety percent of essential drugs misprision says he wants fifty percent of medical equipment but used to domestically by twenty twenty analysts say the move seems to conflict with calls to build a more open economy. there is always a constant look for a government between trying to protect domestic producers and opening the economy but all have to happen in the opening i mean and in case of the pharmaceutical industry there is a difference between desired and possible most of the world is supplied by
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international conglomerates that spend a lot of money on r. and d. to be able to produce new drugs and it's very difficult to supply those all replicated to must acquit. now for the first time ever russia's finance ministry sold more bones that it offered but investors forced the government to pay a high interest rate image fears that inflation will rival next year ministry so two hundred nine million dollars of two year notes as a yield of six point one percent. time to see how the markets performing out here in russia the boards the higher those slowing after an opening rally most of the main players are climbing the boards there now leading the gains up more than one percent quarter's bucking the trend though shedding more than one point five percent this hour and over in europe stocks are mixed with dutch chip equipment b.g. group i s. and up to seven percent off and lifting its order book in a sort of the fourth quarter one is doing well the footsie with first they were up
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three point three percent. over the next three years gas problem plans to spend almost ten billion dollars on gas fields a pilot project only a mile from insta as according to vedomosti newspaper over an interval our third largest deposit will produce a forty five billion cubic meters in two thousand and thirteen roughly eight percent of the company's but russian gas x. what will respond five point eight billion dollars for bob and then convert the neighboring car survive stills between two thousand and seven and two thousand and ten. opec appears unlikely to raise all quotas when it meets on saturday despite a rally in the oil price this is an assist while economic growth can survive with crude at ninety dollars a barrel a cold winter is boosting prices and opec members are already producing well above their quoted any increase would send a clear message to markets opec is concerned about runaway prices dumping the comic
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recovery. the french prime minister for us wofully on is in moscow for talks on joint efforts in economic scientific technical and humanitarian sectors r.t. correspondent daniel bushell reports from the french embassy. this french delegation is the most go looking for growth opportunities not available this year eurozone g.d.p. will barely roys compared with enormous four percent jump in russia the two countries will talk school cover russia's silicon valley being built on the outskirts of the capital french high tech firms may become founding members their energy deals are also expected to be signed between the two sides eurozone countries are feeling snowed under after the area's biggest economy germany failed to fully raise a five billion euro bond yesterday sent a chill down the spine of e.u. members like portugal and spain which is feared will follow oil and in requiring a financial bailout economists warn the e.u.
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called to forward to keep on rescuing irresponsible member states but when we spoke with france's finance minister she ruled out leaving fellow eurozone countries in the cold if the european union is very strongly of the view that we are in this adventure of having built constructed europeans. for a long time there is no prospect of quitting. removing any part of the question more to the point we're determined to actually strengthen the economy governments making sure that the messages that we are sending are clear well understood so that we continue to have a solid euro zone and of course a strong currency we will continue to build our economy our monetary zone and we will do so with determination and altogether. now shall we say for this album you can always find more on our website. business.
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