tv [untitled] January 17, 2011 1:00pm-1:30pm EST
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the finance ministers meet in brussels to consider boosting the bailout fund but exports experts warn no amount of money to help struggling economies the euro. waste in the water claims that a big area. poisoned by sunken weapons. a toxic legacy that is endangering people's health. and a little later in our business update major. oil giants russia. join explore the optics potential energy traders.
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with news from russia and from around the world this is. twenty four hours a day good to have you with us this hour european union finance ministers are meeting in brussels to discuss the proposal to boost the e.u. bailout fund which was set up last year the commission proposed to further deepen the fund saying it will be able to provide a lot if the struggling eurozone members like spain and portugal need help already concerns from germany which is pushing for a more comprehensive approach. says the e.u. bailout strategy is not want. a bailout it's always only a temporary solution since the cover up for the lack of. unity within the euro zone it's evidence of that that the euro is not going to be saved just pulling good money after bad money or poorly spent money. very construction of failure because we have tried. the federalists have tried to unify something which is quite clearly
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. so different that economies cannot be integrated fully and that's what we have paying the price for now you can only have a common euro common currency if you have the same financial policy that's also why the commission has suggested or demanded that all of the euro countries now shall have their budgets accepted in brussels before the national parliaments can discuss the budgets you can only have a common currency if you have a common economic policy that was never promised it was never told before the introduction of the euro that was the first lie now is being demanded to greece portugal ireland italy and so on that they must strengthen their economy they must do whatever is done in germany and those countries who are paying them out well that of course the southern european countries don't want to make that kind of reforms that's why you see the the riots in these countries and the germans are fed
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up paying other people's bills that's why you see the riots they are so the solution obviously is simply to stabilize some realities to say we have two different economical shown in e.u. so we cannot have one currency we should at least have two different currencies in the euro zone maybe actually sixteen which as we had ten years ago. so is the global financial recovery in danger that's the question of the debate in peter bell's crosstalk program the full program is coming up later today on r.t. here's a brief. we are in the iron triangle this is an iron rectangle because it's bureaucrats lobby us politicians and special interest groups all getting rich at the expense of the american people that should outrage and upset everybody and it happens unfortunately not just in america it happens in europe with the special interest and i worry it is happening in china where you know as they make this evolution a free market system that's been great hundreds of millions of people have
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a higher living standards and here am i just want to feel like that so much so i want and when i come to i do think this. is the way the life of states is going and europe is going i mean seriously i think. maybe one of the options. coming up very shortly here in r.t. the coastline of the adriatic sea attracts tourists and provides income for fishermen but local saying in recent years the waters have been poisoned because nato has dumped toxic chemicals there including depleted uranium despite many people being made sick by eating the fish caught there and the diminishing the real life you're telling government and the alliance remain tight lipped as matthew stevens now reports. on this quote stretch you see there is more than meets the eye
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this is the mediterranean has been a minute she dumping ground ever since world war one enormous amount of weaponry and talks which is present in these waters u.s. bombs from the forty's to weapons used in the one thousand nine hundred ninety four against serbia including depleted uranium munitions these weapons often contain toxic substances such as sulfur mustard gas and full service. and its value divest tickets of journalists spent years trying to cover its secrets. this is received death threats and been attacked. act this footage by landis reveals some can vessels in toxic waste on the seabed of pool u.s. coast fishermen has said the presence of the nato weapons is seriously affecting their lives and posing a threat to the local ecosystem. there are areas where these bombs keep ending up in the nets we try and avoid them following the war in one nine hundred ninety nine the fish of practically disappeared from the waters we come across have affected our health too causing skin rashes blood vision and so forth fishermen have had to
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quit their jobs because of the scarcity of fish but fishing co-operative in seaside town are more fit to emporia was once comprised of almost two hundred members now there are just five natives says there are six contaminated areas along the edge or attic coasts but lana's claims this is just the tip of the iceberg and i mean peter nature was lying in twenty four areas are affected not six dilatation of these areas have not even be made public and the population is being kept in the dark into quatro his repeated attempts to raise the issue with his defense minister have led to nothing and the legacy of years of military dumping continues to be felt to this day with a local fisherman of cilla waiting on says from nato everything we have all. well. and. all that we.
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hope it will. but landis believes nato hasn't yet turned up to its responsibilities should be economic conversation for those affected europe need to and above all the united states must be held accountable the beautiful. coastline where stretches from the gulf of venice to see are a magnet for tourists and provide a livelihood for italian fishermen but working beneath the waves more than just fish matthew stevens in the southeast of italy. well still ahead for you this breaking the law to help the underprivileged the growing gap between rich and poor driving some to a new form of civil disobedience details for you in a few moments here on r.t. . still to come an alleged attempt to assassinate ukrainian president has been uncovered. in a program this hour. but first tunisia has announced
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a new unity government headed by the incumbent prime minister to ready the country for elections this comes after violent protesters overthrew the president after a twenty three year rule forcing him to flee the country the atmosphere remains tense with protesters urging the revolution to continue in a bid to force radical changes in government. some now joined tonight by professor hall gardner he's a political scientist the american university of paris thanks very much indeed for joining us here on r.t. . there is a popular tourist destination a relatively stable country buffering europe and africa and now we see this turmoil could this threaten europe. well first of all i've been to the age of many occasions in the past when it was supposedly a safe. respite for tourists but in fact you could feel you could have felt the tension at that time there were probably four times as many of police the military
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was definitely a dictatorship a police state and so that the idea that this was going to change people knew at some point it was going to explode the question was what was when so in terms of in terms of affecting europe i really don't see a major problem for europe in the sense of europe itself in the sense of massive immigration or so but i'd say the opposite i think a lot of tunisians in france want to go back to their homeland to help out to change the situation many were chased by the dictatorship and want to return and but the problem is changing rapidly enough and democratically enough beginning to really develop the country because right now after this it's going to be economic downswing for a while and told the economy can come out but the country's been under such a monopoly of power both. finale family and also the fact that the french of the alkalis the economy that it has to open up it has to begin to accept new investment and new new money to come into the country to help move it in the right direction
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he was saying it wasn't a question of if but a question of when this could happen but it happened very very quickly could go something like this perhaps trigger more instability in the region of the north african countries perhaps or even further to the middle eastern countries. right i think that the two main candidates are actually probably libya because of its secular a dictatorship under khadafi gadhafi i think really fears the revolution as symbolic a demonstration effect for for libya therefore he probably wants to he could interfere in the process and try to jam up the works somewhat in tunisia at least that's one perspective but i think the main problem is probably going to be egypt where mubarak knows he has to handle the succession he knows he's going to die soon he's going to he can't just give over the government to his family as you've been talking about which is exactly what ben ali was talking about just before this interaction took place so those two countries i think are more likely than maybe
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even morocco or or jordan who are under monarchies and who probably can manage the situation a little bit different but differently but the main problem for most of the middle east countries and islamic countries in general is what i call the youth bulge of the youth a large percentage of young men entering the workforce who don't have opportunities for jobs and this is a problem for pakistan afghanistan throughout much of the middle east ok what we've seen here is a second secular coalition coming to power they could be a sense of stability coming in that people are getting what they want there in tunisia but you mentioned pressures on other countries is there not a danger when we see incidents like this that religious radicals could actually exploit the chaos and come to power. well the one religious party the not the party is actually i would say approach more progressive islam at least in its propaganda
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it talks about multi-party democracy it talks about rights of women it isn't the kind of radicalism the wahhabis style or or what we see in the taliban so so i don't see that but they will enter the government and they will influence the population but remember that to these are highly educated they're very westernized they're on the internet the young people want to identify with europe i really don't see them identifying but if the economy doesn't pick up may see more turning toward towards this if if you can't get the new democracy on the move you know the country seeing what's happening now what are your thoughts about the future what we see stability will this new government cope with the situational could we see further violence flare up well i really think i would propose some sort of international a project as the as the process goes because the countries the peat the situation have constituents deteriorated under this dictatorship it's it needs more
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competition needs more investment it needs some international encouraged but if it doesn't get that then it could simmer it could begin to create fissures in the rest of the region another problem is to integrate the region we have to start talking about. a regional integration process bringing morocco tunisia algeria into a larger economic community and this idea has been held back by these dictatorships of their heavy five ft of trying to control the area as much as possible so regional integration more investment and a process of democratization seems to be the best route for the country professor whole government political scientist joining us there from the american university of paris thank you very much indeed for your analysis on the situation thank you. and europe couldn't possibly accept any more immigrants without risking losing its identity well that's the view. from the french national front the full interview he
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gave to r.t. is coming your way in just over an hour but here's a taste of for you. is a progress eve. which is quite natural if we have not enough french people people from abroad and mainly from muslim africa trying to get a better life in our country. in their home country i can understand that europe should be protected against the side effects of globalism but it wasn't of the borders were kept open to all kind of floats of people but i think we have the right to change its policy to keep millions of people abroad to try to help them in their own country to remain. the masters of our destiny. the russian nuclear agency denies that iran's bushehr reactor could be damaged by a computer virus this follows western newspaper reports of the plant was subject to
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a sophisticated joint u.s. israeli cyber attack. from the moscow based institute of world economy and international relations told r.t. that such an attack is completely unrealistic. this is just a media western media report hype actually because of course all the nuclear installations throughout the world have for the so called to double systems which actually prevent any harsh or serious nuclear disaster even if there is a computer warm being in the system so i don't think that there is a major threat to. build atomic power plant. having in mind these computer war western media believe that this is a joint effort taken by israeli america because asians this is fairly dubious that this a joint effort could be taken to undermine the iranian nuclear program and
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editor in chief of a nuclear energy publication says well the only potential threat should be started a chernobyl style scenario nowadays is in the realm of fiction since your novel the safety oriya of reactors have been improved significantly in more stuff safety. by another one so i'm not so much concerned that such a scenario could be repeated usually they are quite well protected and just the cyber terrorists could not damage such a high tech facility but at the same time for sure this is a new type of threat which should be quiet. by the experts corps sponsible for cyber security not only the nuclear power plants but they are other high tech facilities. civil disobedience has for decades been used in the united states as
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a means of resistance now instead of taking to the streets people caught in the center of america's financial crisis choosing a rather different tactic and auntie's lorna's to reports it's a more quiet protest that has gone underground quite literally. the only language that they understand it's funny though because if you in the us most are familiar with the age old protest tactic of civil disobedience we will mark your supposing what's established or standing somewhere with signs would be civil disobedience but these days with rising inequality and low wages in the us being a pressing issue many researchers and activists are documentation wages are falling cutting benefits for people taking away their pensions there is evidence of a different form of disobedience now taking place all over the country may not be as high paid to the papers there are no statement making the right fit in love with
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a researcher call it economic justice and you may not see it because it's going on underground. and poor neighborhoods in new york city some residents organized to raise a little money to buy subway cards offering unlimited rides they swipe as many people in his they can to give them a free ride a very resistant fare hikes were resisting the cost of living is going up in so many ways for all the one of the activists who organizes this form of disobedience most importantly it's in response to an economic system he sees as unfair and taxes are being cut for wealthy people and their bailouts for banks and wall street. not to the richest people in this neighborhood so we just think that's wrong an american sociologist found the subversion of the system going on all over the country but she found these acts among business managers in the middle class helping out their employees they really were about the fact that wages for some or
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all these were managers who felt as though the people working for them during and. being responsible were still on able to take care of their families she found grocery store managers sending bags of food home with were. fast food managers padding paychecks with overtime wages she also found most of these managers believe breaking the rules is wrong but these people are saying that there are much bigger problems and ignoring the fact that people who are working very hard for you are unable to feed their children or is in the minds of some people at least let us become a bigger wrong in their eyes it's a bigger wrong people are breaking the rules to make right whether it's in all these low income new york neighborhood to neighborhood people who don't really have much of a political voice or whether it's behind the closed office doors of the middle class breaking the rules because of the economic imbalance in the country and what
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seems in america to be the rising disobedience of modern day they're not going to bail us out this is what will do to their was also lauren lyster r.t. new york. and you can always check our website for all the news blogs feature stories and many more here is a quick look at what's online few right now if you're looking for faster way to get around you might want to check out the winter home a craft of nothing more than a snow friendly sailing through wild winter. is on the website moscow is the bombing of the freedom for charges to be pressed against the company knows that there never was a spying in the u.k. as the russian woman is forced to wait months for people to actually hearing find out why on r.t. dot com.
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nine people have been detained in western ukraine for reportedly plotting the assassination of the country's president the police have descended on the village where the presidential plane was to take off and the flight route was subsequently changed the action came as a result of the police discovery of arms in a village house parties and she had a shift in kiev with the details. nine men were detained in the western ukrainian city of havana from calls for an alleged assassination attempt of the korean president. which these men identified themselves as members of the radical nationalist organization called the local police reports that in the house which these men were renting just ten kilometers from the airport they managed to find a whole stockpile of weaponry including explosives grenades kalashnikov assault rifles guns and navigation systems and even make up for disguise this according to the local authorities makes them believe that these men were plotting an
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assassination attempt of the president who is now on visit in the west of ukraine along with the parliament speaker of the libyan who was also threatened to be assassinated according to the local authorities experts are now speculating as to whether it was possible for the man to gun down the airplane from the ground because they had no rocket launchers in the stockpile of weaponry only sniper rifles and this is now being discussed whether it was possible to gun a plane down but obviously these threats were taken seriously by the presidential administration and he had to reschedule the flight in the west of ukraine not to suffer this attack and now before we get the latest from the world of business with let's have a quick look at other major headlines from around the world in a former swiss banker has given wiki leaks bank account details of over two thousand rich and famous individuals and corporations the bank announced that he
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want to expose massive tax evasion schemes in the name of justice he said to fly back to switzerland to stand trial for stealing information from a bank and sound she was currently being held in awaiting an extradition hearing stated that the files would be released to newspapers and fraud investigators. western poland has been hit by widespread floods and snow an overflow room and many communities were cut off when water covered interstate roads while firefighters work to prevent water levels from rising oceans the services are also working to repair broken flood barriers and break down ice buildup on rivers for it's believed that the situation will stabilize and do not expect for the flooding. israel's defense minister and labor party had says he's resigning to form his own political faction his new party which he says will be called independence will be based on zionist and democratic principles as organization increasingly leftist leaders and lack of political will so i did as reasons for the split critics
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however accused iraq of corruption and of being one of the main factors for the downfall of the all powerful labor party. and we would look at the headlines and six minutes from now in the meantime we got the business news which right after a short break. hello welcome to our business program. he's proposed share swap with the us nafta worth around eight billion dollars has been met with approval by russia's third largest oil company b.p. the partnership will see both exploit potentially massive oil and gas deposits in
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russia's arctic continental shelf but it's going to alice propose share swap with is primarily beneficial for the russian oil giant giving it access to some of the latest technologies and improving corporate governance analysts say the asset swap alone is a very clever move by ross left. earlier i spoke with jacob nels chief economist for russian c.i.s. at morgan stanley who explained who the main beneficiaries of the deal will be each partner has to offer the other the opportunity to participate in a free in a free or a piece of business or involved in in russia. but i think. that's the russian partners of b.p. into k p p will be happy to c.p.p. shoulder the expense and cost risk of exploration and i think this issue will roll is only if they make a significant discovery so do you see anything threatening the deal no i don't not with the support of mr putin mr searchin i think that the deal will continue but
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down the road there may be an attempt. to participate in the event of success. and let's have a look at the markets now u.s. markets are closed for a public holiday and european markets closed mixed shares of oil giant b.p. climbed after it struck an exploration agreement with russia's ross now b.p. shares shot up two point four percent at the start and then retreated to stab a quarter percent higher at closing. and the russian stock market opened the week with its highest postings on the r.t.s. and my sex since the summer of two thousand and eight the main engine behind the upswing was shares in ross and afghan news of a share swap with b.p. but they are just as my stocks closed trading up on the day the objects closed up nearly one in two thirty percent and in my sex closed just over one and a half percent. and russian markets are continuing to perform well the first weeks of two thousand and eleven monday saw as the biggest winner after announced plans
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to swap shares with b.p. but a lot of mirrors are you have. been vestment company said the talk of upcoming i.p.o.'s was also driving the markets. also we can name a number of i.p.o.'s in the bible and first of all it's. not gold but the worst song which is not a goal is for for serious mining division potentially if you're in the public eye in the four g. i was. also exposed to by investors and also we should mention that there is a really strong mining for we saw last two weeks we xerox an equity funds. sounds like three hundred million dollars which is around seven percent of total emerging markets inflow needs to really looks really strong and helps to ride it out. and that's all the business is for this hour but you can
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profiteering here is no longer just down to drug trafficking. afghanistan and the dollar. on the. wealthy british style it's not on the good guys. but the. markets why not. find out what's really happening to the global economy is cause a report on. the little beast soon which brightened if you know about song from feinstein's.
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