tv [untitled] January 18, 2011 4:00am-4:30am EST
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u.k. banks bailed out by taxpayer money prepared to hand out bumper bonuses ignoring a stereo cuts and public pressure to limit the payouts. israel's political infighting casts a shadow on to international image as no one is sent to meet russia's president during his middle east visit thanks to a strike in the israeli foreign ministry. and as martin luther king's birthday is remembered worldwide some modern day political figures in the u.s. are accused of using the civil rights icon to excuse america's wars abroad. pledges to invest millions of dollars into u.k. microchip firm plastic logic but there was an effort by russia to diversify into promising technology that and more coming to you from business update.
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welcome back you're watching r.t. live from moscow and let's now take a look at our top stories in more detail some of them may have been bailed out by the taxpayer but britain's biggest banks aren't letting that stop them giving their employees bumper bonuses it's a decision and the fines of political and public pressure to curb the payouts amid the severe cuts being made elsewhere across the economy artie's or am asked london's neediest what they think. this is all sterile britain the homeless and needy queue up for food handouts from charities all over london and the u.k. but just a few miles away it's a different world with different rules prime minister david cameron has shied away from regulating bankers' bonuses they might have to be
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a bit more open about them but pay won't because and there will be no windfall tax there was more than. i think needs to be over and bankers have taken that to heart u.k. banks including some of those bailed out by taxpayers last year will be paying out eleven billion dollars to their staff this year here on the street where the needy live literally from hand to mouth that's going down badly but you know it's a disgrace. to british. and he's not the only one complaining last year saw thousands of students out on the streets demonstrating against austerity cuts thought about by a global crisis triggered by reckless bankers now the right to work campaign is calling for a fresh wave of protests against what they're dubbing the government surrender to
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the bankers and their huge paychecks but basically i think they're mad about this by the same seem especially when they're people struggling to even pay their rent to even feed and clothe their children when people are getting prepared three million pounds bonus is quite frankly excessive just to and discussing my money taxpayer lobby group say they don't care what privately owned banks do but the ones that have been bailed out with taxpayer money have to show some restraint and can't possibly be expected to stomach at a time when the government making spending cuts to stomach these enormous bonus payouts and to watch all this go on when these banks interfere. get that it was the public's money that saved them but not everyone sees it that way daniel hoffman from zero eight financial services says banks is still vital in supporting economic recovery and if bonuses on paid the best bankers will move elsewhere it's very crucial that the banking sectors around the world i mean really need mean cyclone
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and these are getting healthier and can support economic growth but house on the street those who depend on charity to put food in their mouths find that difficult to stomach with this latest backtracking on beignets regulation it seems banks on the governments have learned very little from the financial crisis just a few miles away bankers continue to feel left pockets and look set to be able to go on unabated but this time they're doing it with taxpayer money which could have been used to help the needy you read it all it's he did. and brussels eurozone finance ministers are meeting to discuss whether to boost the e.u. bailout fund which was only set up last year european commission and european central bank want to widen the fun to give it more flexibility larger eurozone members like spain and need help belgium's finance minister wants the pod doubled to one point five trillion euros however germany the biggest eurozone economy has so far ruled out any substantial increase
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a reflection of the major tensions within the union nigel farage a member of the european parliament and leader of the u.k. independence party says the whole idea of the euro zone was a failure from the very beginning. i think what they're doing here is they're reinforcing failure at the end of the day countries like greece and portugal and ireland and possibly spain should never have joined the euro with the first place they are now trapped inside of economic prison with a whole set of policies that circumstances and i think the more we build up. the more in effect. the bad this really is a tragedy of any point in time the german people have been asked initially whether they want to give up the deutsche mark they have said no and if you ask the german people now do they want to pick up a liability that in financial terms will be six times bigger than the liability they picked up when eastern germany joined them twenty years ago. so my guess is
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that the german finance minister the german chancellor will make skeptical noises will voice a bit of disagreement in the end my guess is they will go along with it because they are part of this european political class that have created this monster. and in the end they're going to do whatever they can to translate it what they're doing by increasing the bailout and by carrying on this lunatic policy of buying their own debt and then after last week's auctions in portugal patting themselves on the back it wonderful. well but in fact all they've done is buy their own debt they will go on doing this they will do everything they can to keep this together but in the end the fundamentals will prevail and it's not going to work and if they hold the eurozone together then the conditions in those countries are frankly going to get worse decision is quite extraordinary i mean it's rather like boarding the titanic after it hit the iceberg it is the most incredible. look what you've got
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here behind this whole european project when we talk about the union itself although we talk about the current say we have a political class who want this you know even countries like switzerland and norway who very sensibly have stayed outside the union you. it's journey with sensible free trade agreements with it even in those countries a majority of politicians would sign them up for all of this stuff so that's the great battle that is going on in europe it's the battle between the political leaders and public opinion which increasingly is saying we don't want this there in the end public opinion is going to win because you comb through a state and that's what we're going gauged in here without having the consent of the people and that consent has never been asked for and it's never been given and while europe miles over its economic woes china is offering its support to help the continent tackle its crisis in his latest program next kaiser a look see why the asian state is doing it the kaiser report is coming your way later today but here's a preview. let me make this following prediction china is buying
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european bonds why are they doing this i think it's because at some point they will demand payment in the form of gold you know in the european zone there are about eleven thousand tons of gold which would be the highest concentration of gold in the world higher than even the u.s. is eight thousand tons of gold china moving into europe buying those bonds of course europeans will never be able to pay off those bonds because their economies are in freefall and then china will turn around and say ok you can pay us back in euro's but we'll take the payment and gold. russia's president you may get a set to visit the palestinian territories on a two day trip to the middle east he'll meet the palestinian leader mahmoud abbas but despite having to step onto his reilley soil to get to abbas he won't come face to face with any top israeli figures because of industrial action within the government there are policy looks at whether that's just coincidence. it's russian
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president dmitri medvedev first visit to israel but he's not meeting one israeli official because the jewish state's foreign ministry has gone on strike it insists the strike was not planned to coincide with made bit of a visit and was simply a call for higher wages but some say visit alterian motive the strike is a little bit selective because the visit of russian president was canceled while the visit of the council of germany under the merkel was and in a way i think about this is a result of in opposition of the workers of ministry of foreign affairs to the minister mr liberal. foreign minister avigdor lieberman is pushing for closer ties with former soviet union states while his department is pushing for him to be astrid born in the u.s.s.r. in present day moldova the former bouncer never came up through the ranks of the foreign ministry his views are right wing and he's been accused on more than one
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occasion of putting his foot in it makes it very clear that is a good all of. this many of. them it is very likely that it is to do with racist ideas it is a disapproval put us under two years. but it's not the first time is really internal politics have soured the visits are foreign delegations last year just before the u.s. vice president joe biden came to israel the israeli prime minister announced the start of settlement building that decision was a blow to the a bomb administration's peacekeeping efforts and cool down israeli american relations and many believe that such political embarrassments are weakening israel's position in the international arena it is not the government of the world's countries but growth of the people of those countries in the public opinion of those countries to public opinion israel is definitely unfortunately.
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doing its of these were. the foreign ministry is the first to admit that made videos cancel visit is a missed opportunity particularly where many a paper can be fabricated a party. that we discussed about a corporation in many many different. larry that we did it very thorough that we don't like it but whatever the reason has made bit of meets with palestinian president mahmoud abbas and jordanian king abdullah israel will be sitting on the sidelines and watching policy r t jerusalem. and later this hour we speak to now bill schott who is a member of the fatah central committee in charge of international relations at a former palestinian foreign minister is as russia can play a big part in establishing peace in the middle east where the u.s. failing to influence the netanyahu government. trying to convince netanyahu to stop further occupation through building new settlements the gaza blockade to stop the
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measures they're taking in jerusalem but the americans failed to do this they admit it and now put more pressure on us trying to bring us back to the negotiating table and if you know who uses the current government as an excuse saying he cannot make a decision under this government russia recognize the independent palestinian state in one hundred eighty eight with the nine hundred sixty seven borders and with its capital in jerusalem and never denied that decision in other words many things show that russia is serious about its intentions it keeps reminding the world about the decisions that have been made before but enough forgotten. how the family of the way to polish president has blamed the russia for his death rejecting the findings of the official international investigation into the plane crash that killed him they have a chance q. son in law claims the crew of the plane which came down last april was deliberately misinformed about its altitude the family claims that moscow planned an assassination in revenge for the chance and
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a russian views and to prevent his reelection. a brother of the late president and leader of the polish opposition the law and justice party has slammed the country's prime minister for accepting the findings of the official investigation its report includes a reconstruction of the flights last minute as recorded by the plane's black boxes that suggest the crash was caused by the errors of an inexperienced polish crew bad weather and pressure from high ranking passengers. and tunisia has formed and new national unity government to prepare the country for elections days after the former president went into exile following widespread violent protests the new administration led by the prime minister marks the first time the opposition has been given a share in power president ben ali was ousted after twenty three years in office and is now in saudi arabia to ease remains tense with some protesters demanding radical changes in government the pastor. from the american university of paris has
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what used to be a relatively stable country but now bringing stability to the whole region. 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 your 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 it needs more competition needs more investment it needs some international encouragement if it doesn't get that then it could simmering it could begin to create fissures in the rest of the region but to these are highly educated they're very westernized they're on the internet the young people old want to identify with europe i really don't see them identifying with this but if the economy doesn't pick up may see more turning toward towards this if if you can't get the the new democracy or the move. now for any of the stories we're covering here in our team and always log on
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to our web site r t v dot com here's a look at what's on the line for you right now. to find out why a two year old a possum in germany has become a worldwide internet sensation with more than one hundred thousand fans on facebook . and a group of artists has built an entirely new community it's a place where guests can grade a new identity using cardboard all that and more on our website parky dot com. when people across the globe joined together to author dr martin luther king on his birthday it showed the legacy of this moral crusader in america's race war lives on but as our teams christian discovered some are also taking advantage of his name to gain support for u.s.
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wars abroad. those are out of three. who are born little children. will one day live in a nation on the web a will not be deterred by a cult of about them but by the content of back our appetite. up it was a dream so powerful it eventually came true its impact so strong it fractured the foundation of the society my fellow americans. i'm about to sign into law. the civil rights act one thousand nine hundred sixty four. and so every year on this day to honor the birthday of dr martin luther king jr. people gather to pay tribute to him. so it is no surprise then that the name of this american hero is often invoked but once in
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a while that legacy gets hijacked i come to tell you now that the truth shall set you free. first there was the glenn beck rally on the mall on august twenty eighth the same day at the same location martin luther king jr gave his i have a dream speech ladies and gentlemen is selling a conservative talk show host message was one thing now his name is being used to drum up support for u.s. wars in a speech given last week dr j. johnson attorney at the pentagon said i believe that of dr king were alive today he would recognize that we live in a complicated world and that our nation's military should not and cannot lay down its arms and leave the american people vulnerable to terrorist attack wait what that's funny because in addition to leading the civil rights movement dr martin luther king was one of the most outspoken critics of the vietnam war i think he
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shot a misquote of the king and put him inside of a war that he would have been against bear something strangely in in about a nation in a press that would praise you when you said being our balance general clark but we're a person damn you when you say beaten are little brass vietnamese children has lessened our prominence in communities across the country but in particular in churches like this one in helpless washing carol and although there are so many others one thing is even here time and time again martin luther king promoted peace his message was simply this either we turns to live together as brothers and sisters on this planet and we work there is to get this foolish foolish what many people thing of dr king's name being invoked for the wrong reasons i think got that came with a march with many of us. from the very beginning on the needlessness of going over
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there it wasn't about weapons of mass destruction it was about or let's be real in the city where the struggle for civil rights lives on many gathered here say there is a vast difference between honoring history and revising it. in washington christine for south r t. and he has been touted for more military honors and the nato commander in afghanistan general petraeus has even been tipped for a tilt at the two thousand and twelve us presidential elections and message of journalists ross baker says a military contender for the white house would hardly bring about any change to the country's backing for foreign wars a person like betray us would be there primarily because of the attraction of his celebrity to the public it's sort of interesting that military again is considered to be a proper. to see of leadership but certainly he would have behind him the same exact interest of financial banking interests a large industrial interested benefit so much from this state of perpetual war this
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is the largest industry this country has ever known it's the gravy train and they're not going to get off of it anytime soon without something drastic i don't think there's any chance that a military man like betrayer has put into the presidential race would possibly buck that establishment and with the us pouring so much money in to help restore ghana stand some locals say they are struggling to see any results after a long spell of war and occupation corruption is taking heavy toll next hour leads you along the afghanistan dollar trail. repairing a broken thing should. highway construction and humanitarian aid. but as shady officials get the spoils of war it's the people who pay the price. for cheering he is no longer just down to drug trafficking. afghanistan he doing.
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now is to get some of the stories from around the world an italian prosecutors have accused minister silvio berlusconi of having sex with a number of under-age prostitutes they have requested to search the home as part of an investigation he has denied the allegations which follow a number of other sex scandals surrounding him only his relations come at a time when berlusconi's government has been struggling to maintain its majority while prostitution is not illegal in the country exploiting or helping to arrange sex with minors is. rescue workers in the state of rio de janeiro have continued their efforts to recover bodies trapped under tons of mud and debris heavy rainstorms over the last week and left nearly seven hundred people dead and more than one hundred thousand displaced the downpour unleashed rock and raging torrents of water down the mountainside directly into towns used as we can't get away so a government has been heavily criticized for failing to warn residents of the
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disaster. formative dictator of haiti quadruple yeah has returned to the country twenty six years after he was overthrown he greeted crowds of supporters but did not say why he had chosen to return or why he planned to do also known as baby doc he inherited power from his father at nineteen and presided over a one of the darkest chapters in haitian history he's accused of torturing and killing political opponents ruling and now must fear fear repression. time now for the biz. green is here with us and looks like the bric countries could have other states joining in well there is just a suggestion but the father of the term bric countries thinks that mexico south korea turkey and indonesia should join in more in just a moment but first. not only has pledged to invest up to six hundred fifty million dollars into u.k. microchip from plastic logic the state owned high tech company will initially
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inject one hundred fifty million for a twenty five percent stake in the cheap plastic microchip maker now if the venture becomes financially viable the russian government could take a controlling stake it is an effort by russia to diversify into promising to acknowledge each plastic logic hopes to generate one billion dollars in annual sales by two thousand and sixteen. the board of info call has approved the purchase of telecom assets owned by egyptian billionaire. for a total of six and a half billion dollars this despite opposition from norwegian shareholder tellen or russia second biggest mobile phone operator wants to take over his italian mobile up way to win. his fifty one point seven percent stake in egypt's telecom holding it would create the world's sixth largest phone company it will call a new agreement after all rejected an earlier six point eight billion dollars proposal
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to the north side it will fight at the company shareholders meeting suggesting the deal may be headed for trouble i don't. believe this move will be met negatively by the markets. being against a deal might actually be. treated between two major shareholders and therefore these can be taken negatively by the market also in my view. through and. investors who are betting. been taken over. right now start selling their stock. european stock markets of open firm on tuesday banks and mining shares stronger across the board shares of luxury goods retailer burberry group jumped four point four percent after a strong third quarter sales report as for energy fell four percent after announcing a convertible bond issue the german dax is up zero point eight percent this hour
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helped by two and a half percent rise in shares of infinium topology. and here in moscow the idea is they will change the start of the trading most of the blue chips are trading in the red on the r.t.s. with well staffed and low calls citing the most of the voices on monday she has a ros they have jumped the most in almost six months afterwards agreed to swap shares would be a tuesday we also have said it was selling russia's oil to show for march loading banking stocks are trading higher this hour both direct and b t v are gaining a license. the creator of the term bric countries suggested the group should now welcome mexico south korea turkey and indonesia yet to the fold he says the nine year old term is no longer helpful as it unites countries to create a range of economic prospects jim o'neill also said the term emerging markets should evolve into growth markets you approach would take g.d.p. as the primary criteria currently china is the brics largest economy totaling nine
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very first verses of the bible that all human beings are created but sentimental came in god's image and it doesn't say just jews or knowledge is. sixty to seventy percent of what i did as a combat soldier not to buy territory was to do with deterrence doing what we call making our presence felt to go out should some bozo they hear a knock on some doors run to the other corner invade another house religion and nationalism not just judaism have been a part of the problem they've been part of what leads to. bloodshed if you want to bomb gaza and kill. a thousand four hundred people in a month and you want to expect that this will have no effect until a feat you have to be either extremely naive or extremely stupid oh you don't need to hear a religious jew calling another joe i'm not gonna believe they really didn't.
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