tv [untitled] January 18, 2011 6:00am-6:30am EST
6:00 am
6:01 am
this is. bailed out by the taxpayer but britain's biggest banks. giving their employees bonuses decision in defiance of political public pressure the payouts. being made elsewhere across the economy. 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
6:02 am
a bit more open about them but pay 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 eleven billion dollars to the. pier on the streets 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 global crisis triggered by reckless bankers now the right to work campaign is calling for a fresh wave of protests against what they're dumping the government surrender to
6:03 am
the bankers and their huge paychecks are basically i think that they're mad about his bonus specially when they're people struggling to even pay their rent even feed and clothe their children when people are getting three pounds three million pounds bonus is a quite frankly excessive interest 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 can't possibly be expected to stomach at a time when the government making spending cuts to some of these enormous bonus payouts and to watch all this go on when these banks seem to forget. that it was the public's money they say but not everyone sees it that way daniel hoffman for financial services says banks are still vital in supporting economic recovery and they hate the best bankers will move elsewhere it's very crucial that the banking sectors around the world. economies are getting healthier and can support
6:04 am
economic growth but house on the streets those who depend on charity to put food in their mouths difficult to stomach with this latest backtracking on regulation it seems banks and 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 base aids but this time they're doing it with taxpayer money which could have been used to help the needy. and in brussels eurozone finance ministers are meeting to discuss whether to boost the e.u. bailout fund which was only set up just last year the european commission and the european central bank one so why didn't the fund to give it more flexibility larger eurozone members like spain need help belgium's the finance minister wants the pot to one point five trillion euro however germany the biggest eurozone economy ruled
6:05 am
out any substantial increase a reflection of the major tensions within the union. a member of the european parliament and leader of the u.k. independence party says the whole idea of the eurozone 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 possibly we should never of joined the euro in the first place they are now trapped inside of economic. policies. and i think the more we build up. the more in effect goodbye. and this really is a tragedy point in time the german people have been asked initially whether they wanted to give up the deutschmark they have said no and if you ask the german people now they want to pick up a liability that in financial terms will be six times bigger than the liability they picked out when eastern germany joined them twenty years ago. so my guess is
6:06 am
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 that what they're doing by increasing the bailout 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 in a wonderful. well but in fact by their own 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 decision is quite extraordinary i mean it's rather like boarding the titanic
6:07 am
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 unit 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. 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 a battle between the political leaders and public opinion which increasingly is saying we don't want this now in the public opinion is going to win because you can't build a state and that's what we're engaged in here without having the consent of the peoples and that consent has never been asked for and it's never been. and while europe moans over its economic woes china is offering its supports our help the continent tackle its crisis in his latest program that max keiser looks at why the
6:08 am
asian state is doing it because report is coming your way next hour here on r.t. but he's a little prettier. 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 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 in gold. for russia's president to be treatment if is in the jordanian capital amman the first stop of a two day trip to the middle east he will visit the palestinian territories and meet the palestinian leader mahmoud abbas later on tuesday but despite having to
6:09 am
step onto israeli soil to get to a boss he won't come face to face with any top israeli figures because of industrial action within the government that he's looked at 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 bit of a visit and was simply a call for higher wages but some say vision 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 the merkel wasn't and in a way i think about this is a result of the in opposition of the workers of ministry of foreign affairs to the minister mr liberal. foreign minister avigdor lieberman is pushing for closer ties
6:10 am
with former soviet union states while his department is pushing for him to be ousted 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 it is ideologue. they smell or to achieve them it is very pleased that it is to do with a racist idea as it is a guest of liberal put us under two years. but it's not the first time is really internal politics have soured the visits of 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 be a bomb administration 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 those countries but rather
6:11 am
of the people of those countries in the public opinion of those countries public opinion israel is definitely unfortunately. doing its of these really foreign. the first to admit. visit is a missed opportunity particularly where. we . should remember. larry that they're 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. t jerusalem. right now for more analysis on this i'm joined by mustafa barghouti the secretary general of the palestinian national initiative party he's live for us in ramallah. many of those first official visit to the country do you think is there some more serious
6:12 am
political reason some political posturing behind this rather than just a simple strike at the israeli foreign ministry. no i believe it's a combination definitively the issue of the strike of the foreign ministry is not a justification by any means the prime minister of israel could have arranged a visit. and the security apparatus is so big and is that this would not be a problem that they should get is that about. a feeling of superiority and is that a feeling of i don't and impunity the international that to me it's israel behave in such a monitor with a leader of one of the most important countries in the world and i think there is another reason here which is a political one way or the israeli government more is that its policy is counterproductive devalue knitted many european countries that are leading most countries of the war devalue need to invest in american countries and i'm sure
6:13 am
didn't really need to many people even inside the united states so that also applies but i share which is seeking to have a more active role. of the court and this is a once a bluff that in every aspect this is a mistake this is a one of a mistake and unacceptable and so that should not have happened and i think that's what should be expected from our country which has a fascist like lieberman as its foreign minister from over here you're suggesting that television is undermining the middle east peace process by a by not meeting with the russian president during his trip to the mideast middle east all expectations would be seen that the relationship between telaprevir moscow was was quite healthy. in my opinion it looks may be healthy now because of certain military deals including imports of military equipment from israel and so on but i think this is not going to be for a long time since is that a lot of mining the whole political process here it's undermining with its policy
6:14 am
of settlement activities and the building will find apartheid system the whole stability of the middle east and it is undermining the jewish and by threats. new wars that could be conducted be that against lebanon or the guys over there and what other countries in general i feel that then i shouldn't think from the russian side is to take a more active role in the quiet and in the middle east and including even possible civil. action of the relationship with israel as a response to the israeli people when you when you talk about the middle east the way at least it would have members of the u.s. the u.n. the e.u. and russia why is russia the only member of the courts had apparently so willing to engage the palestinians when it comes to the arguments of the settlement construction and why the other members so willingly dragging their feet. well let's look at this market here russia is the only country in the court that has
6:15 am
that equal denies the palestinian state back in one thousand eighty eight i mean and i think since we have now we're engaged in a very intensive diplomatic process to get a good mission of the united nations general assembly and many other countries in the world i believe that i share a position on this my thought is quite good and the russian position against them and disquiet good and i think there is no reason why the russia and particularly which is one of the superpowers of this world it's not as big as the united states we all know that but there is no reason why russia so the accept to be a part are lies put on the shelf for more than two years that within the party it's because the united states is monopolizing the process and then i've had states policy is totally subjective to the israeli manipulation so the time has come for international players to play i will especially. when we see the whole situation and out of all this totally unstable given what has happened in tunisia and what would happen in other countries i believe russians need that independent policy
6:16 am
especially in the listenership of the middle east and specially in relationship to the palestinians are let's talk about the role of america here as people say. that israel is america's our closest ally in the middle east region during the last several months washington d.c. essentially tried to bribe israel to temporarily freeze settlement construction washington offered stealth fighters it said we would ban them by any entity as israeli resolutions at the u.n. tell if we still said no is washington totally powerless when it comes to suppose his closest ally in that region. and this. you have to notice cool things started to work that out of there is definitely some. of the. united states saying my loans existed many of course but that is one aspect of the other aspect that i think those there is that a little be in the us inside the united states and i think things have reached
6:17 am
a point where there isn't any policy you can hear things that america. that's why it was that obama that i had to accept what action when he spoke about socialism but he failed then you know who defeated obama and who. is because of us but. because of the study of those inside the american administration all of the israeli lobby a lot so you talk about the ones we know you talk about how washington is so close to tel aviv and yet it is the strength of the jewish lobby that wield so much power and influence over domestic and international political agendas but do you think will israel ever face international sanctions over its settlement activities. that's my belief i think the only way to change is that a lot of the why the boycott divestment sanctions campaign. why is this possible for this nonviolent resistance this going to be nation is the only thing that's going to change the balance of forces and that can change the
6:18 am
formula that's what we believe in that's what we are engaging in and i do hope that the boycott divestment sanctions campaign against israel in russia and europe and in many places of the popular vote it's happening at government level it is still behind. more stuff about to go to secretary general of the palestinian national initiative an initiative party. in ramallah thank you very much thank you. well next hour we speak to not be able to shop who's a member of the central committee in charge of international relations and the former palestinian foreign minister he says russia can play a big part in establishing peace in the middle east with the u.s. failing to influence the netanyahu government as you just heard. but they tried to convince newton you know who to stop further occupation through building new settlements that gaza blockade taking in jerusalem the americans failed to do that they admitted it and now put more pressure on us trying to bring us back to the
6:19 am
negotiating table at least and you know who used the current government as an excuse. to make a decision under this government of russia recognize the independent palestinian state in ninety eight with the nine hundred sixty seven borders. and never deny that decision in other words many things show that russia is serious about its intentions keeps reminding the world about the decisions that have been way before but enough forgotten. and only a few is coming away in about twelve or thirteen minutes from now the family of the late polish president has blamed russia for his death rejecting the findings of the official international investigation into the plane crash that killed him like a 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 kaczynski s. and c. russian of the saints and to prevent his reelection. kaczynski the brother of the
6:20 am
late president and leader of the polish opposition of law and justice party has slammed the country's prime minister for except in the findings of the official investigation is reporting klute reconstruction of the flights last minutes as recorded by the plane's black boxes it suggests the crash was caused by the errors of an inexperienced polish crew bad weather and pressure from high ranking passengers dimitri babich a political analyst from the news agency thinks the rhetoric is just a way of keeping the polish political opposition effect. the political aim is to keep. body alive after the defeat. if it had not been for the investigation of the war and just. sparge you would have been forgotten actually now and your ass off kaczynski and he's people for for them you know reminding people of their disaster and blame in russia is just a way of political survival it's mostly
6:21 am
a struggle for power they want to delay demise of the civic platform the party which is no impulse is just politically very expedient and it has a fortunately and has a strong reaction inside what if society because unfortunately a national it was amazed very strong in all slavic countries now including russia and. and right now i'm very unhappy about this development in the investigation in poland is viewed you know all the polish side on the russian side a lot of more in touch and will be paid to the actions of the people at the airport in the polish investigation than it was in their mocks investigation by the basically i think that we cannot achieve much if we continue investigating these these affair trying to find out amount of russian guilt and amount of polish that's not and wait to move forward all that is the there is no percentage that would satisfy both sides in poland and in russia
6:22 am
there are nationalists who think that the fault is all the spawn hundred percent on the site well you can you sure smaller from the center for international relations says there are always some people in poland who question russia's actions. the. pisa. he said trying to mobilize its membership on this lot of the traditional russian. strife conflict lack of confidence and there is about eight percent of the boy's body. that doesn't believe that this tragic accident was not accidental troll and if you look around to do it to us on our own view it's. footprints you know so the only problem is that when something like that would be implied by the teens he does it in very general form saying that not all facts are known and that's ok you know you can
6:23 am
deal with that but if you have a very young man who is not an elected representative who is just a private person he just happens to be a hotbed of the daughter of the late president change it doesn't have and it political significance. if any of the stories we're covering here you can always log on to our website that's dot com here's a look at what's waiting for you one line right now why a two year old opossum in germany has become a worldwide internet sensation with more than one hundred thousand on facebook. and a group of artists have built an entirely new community it's a place where guests can create a new identity using. all that and more on our website.
6:24 am
are decidedly twenty five minutes past the hour here. now to some other top stories from around the world this hour a suicide bomb vest filled with explosives has attacked a crowd of iraqi police recruits killing at least forty people over seventy others were in the city to create north of baghdad officials say the bomber joined a crowd of about three hundred recruits outside the police station at least two of the workers says insurgents have stepped up their attacks on iraqi police troops since u.s. forces formally ended. last august. and rescue workers in the state of rio de janeiro's continue their efforts to recover bodies trapped under tons of mud and debris heavy rainstorms over the last week have left nearly seven hundred people
6:25 am
dead and more than one hundred thousand displaced the downpour. raging torrents of water down mountainsides directly into towns used as weekend getaways the government has been heavily criticized failing to warn residents of the disaster. the former dictator of haiti. hundred tonnes of the country twenty six years after he was overthrown and three hundred crowns of supporters but did not say when he had chosen why he chose to retire what his plans were to do also known as baby doc inherited power from his father at age nineteen and for sided over one of the darkest chapters in haitian history he's accused of torturing and killing political opponents rolling in an atmosphere of fear and repression. at a time now for the business news with kareena. and welcome to business good to have you with me russia's interested in buying
6:26 am
bonds to be issued by the european financial stability fund next week that's according to finance minister alex equal to the e.u. is currently preparing a five year bond sized between three and five billion euros in order to help protect the euro sovereign market stability however dismissed 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. market from 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 microchip 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 a plastic logic hopes to generate one billion dollars in sales by two thousand and sixty. seven look at the markets european stocks rise with banks and mining shares strong across the board for a brief talk again as the footsie advance in point nine percent after
6:27 am
a strong third quarter sales report miners come back maize and xstrata are up over to now for signs of a downside as are energy felt four percent after announcing a convertible bond issue. in moscow the odds he has a nice except a couple from losses in morning trading most of the blue chips are now trading in the black the r.t.s. is up over half a percent and my vix is also out point six percent brosnahan is up over to only want to be as the nearly two percent. company shares are trading high after last night agreed to swap shares with b.p. on tuesday well step over who said it was selling was a so called the world shell from march loading. british billionaire virgin father richard branson is in talks with russian businessmen and media tycoon alexandra david you have to acquire a stake in his low cost. redwings that's according to r.b.c. daily currently negotiations are preliminary and both parties are looking at what kind of cooperation could be struck two thousand and eight the virgin owner claimed
6:28 am
he would create a russian airline as a way to enter the country's aviation market however all investment programs will halted because of the financial crisis. the creator of the term bric countries has suggested that the group could now welcome mexico south korea turkey and indonesia he says the nine year old term is no longer helpful as it unites countries with quaid a range of economic prospects you also said the term emerging markets should evolve into growth markets who would take g.d.p. as the primary criteria currently china is the brics largest economy towplane nine point three percent of global g.d.p. while brazil and yes ross are combined by percent. and that's all for now join me in less than fifteen minutes from now for another business update here.
6:29 am
37 Views
Uploaded by TV Archive on