Skip to main content

tv   [untitled]    January 18, 2011 5:00am-5:30am EST

5:00 am
u.k. banks bailed out by taxpayer money prepare to hand out bumper bonuses ignoring your stary costs and public pressure to limit the payouts. israel's political infighting cast a shadow and international image as no one is sent to meet russia's president during his middle east visit thanks to strike the israeli foreign ministry. and the family of late polish president lech kaczynski says he was assassinated by russia rejecting the findings of the official investigation into the plane crash that killed.
5:01 am
welcome back you're watching r.t. coming to live from moscow one pm here on marina joshie some of them may have been bailed out by the taxpayer but britain's biggest banks aren't lending that stop them giving their employees bumper bonuses it's a decision in defiance of political and public pressure to curb the pay outs and the severe cuts being made elsewhere across the economy arches or am asked to london's new yes what they think. this is all staring. 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 a bit more open about them but pay won't because and there will be no windfall tax there was more. 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
5:02 am
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. and he's not the only one complaining last year saw thousands of students out on the streets demonstrating against austerity cuts 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 the bankers and their huge paychecks for basically i think they're mad about is buying the same scene 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 i'm discussing my money
5:03 am
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's making spending cuts to stomach these enormous bonus payouts and to watch all this go on when these banks into for. 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 almost paid the best bankers will move elsewhere it's very crucial that the banking sectors around the world i mean really need to stick on and these are getting healthier and can support economic growth but house on the streets those who depend on charity to put food in their mouths find difficult to stomach with this latest backtracking on beignets regulation it seems banks on the
5:04 am
governments have learned very little from the financial crisis just a few miles away bankers continue to feel left pockets and looks 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 are at it oh it's he landed. at in brussels eurozone finance ministers are meeting to discuss whether to boost the e.u. bailout fund which was only set up last year the european commission and european central bank want to widen the fund to give it more flexibility if larger eurozone members like spain need help belgium's finance minister wants the pot doubled to one point five trillion euros however germany the biggest eurozone economy has so far ruled out any substantial increase a reflection of the major tensions within the union. member of the european parliament and leader of the u.k. the panel's 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
5:05 am
reinforcing failure at the end of the day countries like greece and portugal and ireland and possibly even spain should never have joined the euro in the first place they are now trapped inside of the economic prison with a whole set of policies that stances and i think the more we build up the bailout the more in effect. the bad and this really is a tragedy point in time the german people have been asked initially whether they want to give up the deutsche mark they have said no but 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 again would be no so my guess is 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
5:06 am
in the end they're going to do whatever they can to translate that 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 options in portugal patting themselves on the back i was not wonderful having the auctions gone well but in fact all they've done is buy their own debt so you know 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 yeah the estonia 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 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 who have. it's journey with
5:07 am
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 can't build 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 a poor to help the continent tackle its crisis and his latest program next kaiser looks of why the asian state is doing it the kaiser report is coming your way later today but here's a preview. but let me make this following prediction china is buying 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
5:08 am
thousand tons of gold which would be the highest concentration of gold in the world higher than even the u.s. has 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 dmitry medvedev is 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 israeli 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 aren't his policy or looks whether that's just a coincidence. it's russian 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
5:09 am
various visit and was simply a call for higher wages but some say visit alterian motor of the strike is a little bit selective because the visit of russian president was canceled while the visit of the council of germany on to 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 asked to 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 occasion of putting his foot in it makes it very clear that is a good all of. this middle order touchy than it is very likely that it is to do with racist ideas and they disappear but little put us under two years. but
5:10 am
it's not the first time is really internal politics have soured the visits are foreign delegations last year just before the u.s. president joe biden came to israel the israeli prime minister announced the start of settlement building that decision was a blow to be a bomb administration's a 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 people of. the public opinion of those countries to public opinion israel is definitely unfortunately. doing its of these ready for an. the first to admit that made videos cancel visit is a missed opportunity particularly where. the party we've been there we discussed about the corporation in memory many different.
5:11 am
theory that we don't like at all but whatever the reason as 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. well i asked our we speak to in a bills shot who is a member of the fatah central committee in charge of international relations and a former palestinian foreign minister he says russia can play a big part in establishing peace in the middle east with the us failing to influence the netanyahu government. but trying to convince netanyahu to stop through their occupation through building new settlements at the gaza blockade to stop the 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 if you know who uses the current government as an excuse saying he cannot make a decision under this government or russia recognize the independent palestinian
5:12 am
state in one hundred eighty eight with the nine hundred sixty seven borders and with this capital in jerusalem and never denied that decision in other words many things show that russia is serious about its intentions and keeps reminding the world about the decisions that have been made before but enough forgotten. the family of the way polish president has blamed russia for his death rejecting the findings of the official international investigation into the plane crash that killed him on a law claims the crew of the plane which came down last april was deliberately misinformed about its altitude the family claims moscow planned an assassination in revenge for the chance and a russian views and to prevent his reelection. gave brother of the late president and leader of the polish opposition law and justice party a slam the country's prime minister for accepting the findings of the official investigation its report includes
5:13 am
a reconstruction of the whites last minutes as recorded by the plane's black boxes well it suggests the crash was caused by the errors of an experienced polish crew bad weather and pressure from high ranking passengers. well mr bobbitt is here with us in the studio is a political analyst from re in obviously his agency and we can talk more. this would have to be here thanks for being here with us so why does the family keep denying the results of the international investigation well first they don't think it's an international investigation they would rather prefer international civil aviation organization to investigate it but i.c.a.o. already denied investigating it because it was not a private flight it was a state flight. the political aim is to keep war and justice body alive after the defeat in the elections if it had not been for this investigation the war and justice budget would have been forgotten actually now and yourself
5:14 am
kaczynski and his people for for them you know reminding people of their disaster and blaming russia is just a way off but if you go survival so given by politics then every month one that the end of every month the sample in the cathedral in warsaw and it's really televised and they keep reminding people of all their efforts it's most a struggle for power they want to delay demise the civic platform the party which is no impulse. well despite that the polish government has accepted the results of the investigation the prose results and pledged to work with russia to discover the full truth why do you think i mean as you mentioned earlier the law and justice party is politically driven there but why then some forces in poland seem to be working against. what was just politically very expedient and it has unfortunately the strong reaction inside the polish society because unfortunately
5:15 am
a national museum is very strong in all slavic countries now including russian born and right now i'm very unhappy about this development in the investigation in paul and is viewed you know all the polar sides on the russian side i think it's a completely wrong approach because it's obvious that what happened was just the result of misconduct of all highly placed officials important and probably in russia in poland they keep reminding people that. you know at the airport they got in touch with mosque or asking moscow for destruction ok maybe more school gave instructions to the president's plane land but it's clear that these decision almost was also caused by the desire to avoid the scandal if it had been too late for their ceremonious in ca team he would have made a huge international row about it so it's just an indicator of how bad what is
5:16 am
russian relations were at the moment you know just a situation when there was absolutely it was absolutely necessary to deny them when you know the plane their decision was not taken well really as we know the polish side is conducting its own investigation and today we may hear actually the first results of that probe what do you expect to come out of it well certainly a lot of more international will be paid to the actions of the people at the airport in the polish investigation than it was in their marks in. but the state committee which is the interstate committee on. vacation in russia and the former soviet union by the basically i think that we cannot achieve much if we continue investigating these. trying to find alt. russian guilt and the amount of that's not at way to move forward all of this is
5:17 am
that there is no percentage that will satisfy both sites in poland and in russia there are nationalists who think that the fault is all the spawn hundred percent on the site going to be a political analyst from be in office a news agency thanks very much indeed for your views here in the program. and tunisia has formed a 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 tunisia remains stance with some protesters demanding radical changes in government class of all gardiner from the american university of paris as what it used to be a relatively stable country now bringing stability to the whole region. the main problem for most of the middle east countries and islamic countries in general is
5:18 am
what i call the youth bulge of the youth thirds of 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 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 on the move. and for any of the stories we're covering for here on earth you can always log on to our web site r t dot com here's a look at what's there right now. to find out why a two year old a concept in germany has become a worldwide internet sensation with more than one hundred thousand fans on facebook
5:19 am
. and a group of artists have built an entirely new community it's a place where guests can create a new identity using cardboard all that and more at our website artie dot com. now 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 investigative journalist ross baker says a military container 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
5:20 am
to be a proper. into c. of leadership but certainly he would have behind him the same exact interest of financial banking interest a large industrial interested benefit so much from this state of perpetual war this 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 betray us put into the presidential race would possibly buck that establishment and when he asked for in so much money and to help restore again to stand some locals say they're struggling to see any results after a long spell of war and occupation corruption is staying have until later this hour t.v. do you along with the afghanistan dollar trail. repairing a broken ancient. highway construction and humanitarian aid. but as shady officials at the spoils of war it's the people who pay the price.
5:21 am
profiteering here is no longer just down to drug trafficking. afghanistan. well let's not take a look at some other stories from around the world an italian prosecutors have accused prime minister silvio berlusconi of having sex with a number of under-age prostitutes they requested to search the premier's home as part of an investigation there was going he has denied the allegations which follow a number of other sex scandals surrounding him the latest revelations 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 and 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
5:22 am
a downpour unleashed raw and raging torrents of water down mountainsides directly into towns used as weekend getaways the government has been have lee criticized for failing to warn residents of the disaster. the former dictator of haiti john claude duvalier has returned to the country twenty six years after he was overthrown he created 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 one of the darkest chapters in haitian history is accused of torturing and killing political opponents ruling in an atmosphere of fear and repression. well time now for business of dacre it is here with us and it is read out and there are some interesting developments in the world of business as we're hearing there are some deal going on between billionaires richard branson and russian media tycoon alexander live to tell us more well branson wants to acquire a stake in russia's business low cost carrier with wings and we have details in
5:23 am
a moment but first to other stories now russia is interested in buying bonds expected to be issued by the european financial stability fund next week that's according to finance minister alex included in the e.u. is current. repairing a five year bond size between three and five billion euros in order to help protect the euro and sovereign market stability couldn't however dismiss the idea that russia would be interested in buying spanish sovereign bonds. has pledged to invest up to six hundred fifty million dollars into u.k. microchip firm plastic logic the state owned high tech company will initially inject one hundred fifty million for a twenty five percent stake in the cheap plastic micro chip maker if the venture becomes financially viable the russian government could take a controlling stake the deal 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 member call has approved their
5:24 am
purchase of telecom assets owned by egyptian billionaire that gives a various for a total of six and a half billion dollars this despite opposition from norwegian shareholder tellen or russia's second biggest mobile phone operator wants to take over a serious italian operator. and its fifty one point seven percent stake in egypt's telecom holding this would create this the world's six largest phone company. signed a new agreement after the tunnel rejected an early a six point eight billion dollar proposal to run or said it will fight it at the company's shareholders meeting suggesting the deal may be headed for trouble and analytics from toy could dialogue believes this move will be most negatively will be met most negatively by the markets. being against the deal might actually. treat. between two major shareholders and therefore these can be
5:25 am
taken negatively by the market and also in my view creatures chances. through and therefore those investors who were betting on the deal been taken. right now start selling the stock. let's look at the markets now european stock markets trading banks and mining shares strong across the board shares of luxury goods retailer burberry group child four point four percent up to a strong third quarter sales report s. or energy fell four percent after announcing a convertible bond issue the german dax is up points almost point eight percent this hour helped by a two and a half percent rise in shares of infinium technology it's. here in moscow the odds he has as little change at the start of the trading most of the blue chips have recovered from earlier losses and i now trading in the black is up nearly three percent on the r.t.s. and two and a half percent on the my six the company's shares are trading high after all
5:26 am
snapped agreed to swap shares with b.p. on tuesday while staff said it was selling russia's oil to shell from watch loading . british billionaire and virgin founder richard branson is in talks with alexander negative to acquire a stake in his low cost carrier weird wings that's according to n.b.c. daily currently negotiations are preliminary and both parties are looking at what kind of cooperation could be struck in two thousand and eight the budget owner claimed he would create a russian airline as a way to enter the country's aviation market or investment programs were halted during the financial crisis. and the creator of the bric bric countries has suggested that the group should now welcome mexico south korea turkey and indonesia to the fold he says the nine year old term is no longer helpful as it unites countries with too great a range of economic prospects jim o'neill also said the term emerging markets
5:27 am
should evolve into growth markets the new approach to take g.d.p. as the primary criteria currently china at the brics largest economy is totaling nine point three percent of global g.d.p. while brazil india and russia combined eight percent. and that's all for now join me in less than one hour with more on business at.
5:28 am
repairing a broken nation. highway construction and humanitarian aid. but as shady officials market the spoils of war it's the people who pay the price of. profiteering here it is no longer just down to drug trafficking the gallus done on the dollar. and the be. the big. players. mug. the
5:29 am
beyond the enemy. this is street still keeps its secrets but now it's time to reveal the hidden in the soviet files house on the embankment and on. to gold. bringing you the latest in science and technology from around the world. we've got those you gerri.

42 Views

info Stream Only

Uploaded by TV Archive on