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tv   [untitled]    March 17, 2011 11:00am-11:30am EDT

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the leader of the g.o.p. who shares in new delhi who took. eighty who to carry election removed the clothes of the maiden's hotels the park plaza leader religious and it was promised but a protest promised. this is sure no bull on steroids this is so this will be worse than sure japan or struggles to avert a nuclear meltdown the temperature cool reactors of the fukushima power plant bringing no immediate success and feet on the scale of the disaster has been played down. the i.a.e.a. has absolutely no ability to deal with this problem any more than the japanese government has the ability to deal with this problem head of the un a nuclear watchdog finally heads to japan amid criticism load of the atomic agency has failed to get on top of the crisis. the unfolding of fukushima disaster could severely damage the image and the bank accounts of the u.s.
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fund which designed the station india's already rethinking its business dealings with general electric plus in other news. as more want to come back he continues to regain control of libya from the opposition forces for the cease fire resolution in the u.n. security council after having declared. all not. this is off the live from moscow welcome to the program japan is struggling to regain control of the overheated reactors of the tsunami damaged fukushima nuclear plant after a series of blasts on fire as forty engineers involved in managing the crisis there for reportedly sustained injuries including radiation exposure military helicopters have dropped sea water onto the stricken. reactors tried to avert
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a nuclear meltdown but also used five fire engines loaded with thirty tons of water three out of six reactors are opposed to be at a critical condition radiation levels have risen in the thirty kilometer zone surrounding the station experts say the area is being exposed to twelve months and dose of radiation at every six hours u.s. officials have criticized the japanese government suggesting they are under playing the seriousness of the situation that is either bennett has been to the quake hit regions to meet firsthand the people who are fleeing the area terrified by the threat of a meltdown. but she foresaw the tsunami was hard to comprehend until i saw this beagle's in house is it impossible angles he was as if the ground surface had been ripped off or that it is this woman told us they've never experienced such a powerful earthquake before and she feared for her life we weren't allowed out of the car at the coast but police were on high alert and suddenly there was panic
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noise. warnings of a five metre high wall of water heading our way and we sped inland as fast as possible chased by others the last wave took just nine minutes after the earthquake to reach eight kilometers inland we didn't have a long this was a false alarm but those already on their knees are bracing themselves for more and the relief center in sendai the newly homeless are given blankets and a cardboard sheet all nineteen floors of this building in full with everyone from infants and the elderly. and i spent he was beaten lee cold and virtually sleepless some could be here for weeks first an earthquake then the tsunami now radiation roadblocks around fukushima appeared as early as saturday since then he is the instead lead building just like the keys it took an hour to get past this jan of
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cars waiting to fill up the air in fuel shortages he may not be visible hysteria for the anxieties prompted essential stop filing as a threat escalates more and more leaving i was traveling with his crew from new zealand when we heard there had been a fall of the explosion that planned quickly changed to an exit strategy at niigata i met this young family from sendai that baby boy was just five days old when the earthquake struck. the only thing i thought of when it happened was i have to save my baby how do you feel about the radiation i scared. that's why i have left sendai i'm scared for my baby and i don't want him to get ill it can have a very negative impact on him on the train to tokyo it was more of the same this tourist has changed his flight down to the earliest of able to take it snows this. is true. when it comes to radiation the people i've met here
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aren't sure the government's telling the full story and most aren't willing to wait around to find out how to bend it out see so give. it the official number of those killed in a child's catastrophic earthquake and tsunami has now reached a five and a half thousand and that a thousand others remain unaccounted for our correspondents are as been the center of that events and reporting on what's happening all around them you can get there their firsthand experience is on our parts here twitter page you can i find out about the darker deserted shopping areas and the high. i bennett's updates and today's other news on. this earth all of our team and school. energy if i was arnold gundersen says that while the japanese government may be seeking to downplay the scale of the nuclear crisis that doesn't change the fact that the situation is critical things the consequences could stress this is true
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not all on steroids this is this will be worse than sure the radiation exposure so high and say i don't think human beings can get into the areas that need to be accessed in order to put the fire to put fires out and also to get water into the locations where the big heat is the highest if there's any lucky thing that's happened so far it's the wind is mainly to blowing out to sea if the wind turns to the to the south i expect you will see radiation in tokyo i don't believe it will be enough to evacuate tokyo but i think it would be prudent to take precautions and you know try to stay out and stay out of the plume you know the asiatic region they're already beginning to reroute airlines because they're afraid of the the radiation landing on the airplane and you know about a plane from from tokyo to moscow for instance will fly through that plume so it's
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it will definitely begin to affect asiatic travel i don't think the government is lying i do think the government is not telling them everything you know you know i study chernobyl and i was an expert witness on three mile island and the government is always behind the eightball around these things they are deliberately trying to downplay the amount of radiation be released you know we saw it in the gulf of mexico two at the oil spill a under estimated the amount of oil that seems to be the way bureaucracies work. now meantime the head of the international atomic energy agency says that he is heading to japan on thursday but that's a almost a week after the nuclear crisis began critics say the watchdog is lagging behind and failing to keep on top of events. or has more from tokyo. i'm mr forrest that radiation levels in the japanese capital could be up to eleven times the norm people scramble to get away from the invisible killer here in tokyo series do seem
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to be less visible usual at the epicenter of their plans a clear disaster fifty people remain struggling to keep the reactors under control but wait where is the international atomic energy agency the exponents of the peaceful use of nuclear power they're here in japan arriving four days after the first explosion at the nuclear plant the i.a.e.a.'s a promoter of nuclear power. is not any more efficient at solving this problem than fema was solving hurricane katrina's problems in the u.s. when the twin a proof of the proof is in the pudding you can clearly see that the i.a.e.a. has absolutely no ability to deal with this problem any more than the japanese government the very people who should be keeping tabs on the situation seem to have very little direct involvement in it in fact until now the only source of information was the japanese government for years and the organization has been busy with their mission statement to maintain nuclear energy for peaceful means in
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two thousand and five and made increase inspections of iranian facilities the organization and its then chairman mohamed el baradei i was awarded a nobel peace prize but by the looks of it concerns over a possible unsanctioned uses of nuclear energy by countries like iran seem to have overshadowed the clear and present dangers of already existing nuclear power plants in countries like japan and now if they remain in workers who have to battle fire smoke and radiation that what remains of the power plant is only fifty people from the plant and they work in fifteen minutes shifts which is which is very little and they have to work very many things by hand because remote control installations have gone down. the main operating room is not usable because of radiation levels they're working under extremely difficult circumstances to try to prevent the worst
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from the worst. reactors show in finding figure the only people who mean they keep pace with the problem putting their lives at risk while behind why do you. watch on a distance involved quitely lucchino. russians are closely watching the situation and it's far east in case any radioactivity reaches the coast guard from japan our correspondents in the city of london vos talk of the sharing of thoughts on our twitter page out here complaining of trouble as a consequence and i geiger counter now obviously they're in a high demand of the region and if the shias are monitoring the radiation levels there for us you make sure we don't miss the let's update on our twitter page at r.t. to underscore. that while the far east remains on alert for radioactivity russian rescuers and japan have begun to search a hundred square kilometer area around the devastated city of sendai.
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russia's minister of emergency situations for a discussion on the challenges facing japan's government that's coming away about ten minutes time but for the meantime it's a preview. a week ago nobody could have predicted the situation we see now what we would have thought that six reactors would be in critical condition so we need to monitor and assess all this there is a saying that we learn from our mistakes i should say that many experts from japan came to our country to study the chernobyl disaster they studied the after effects on the environment on children and adults on the fire really planned on vegetation they invested a huge amount of money in these studies into a large amount of work together with russian researchers thus they did their best to use that situation to their advantage i believe that as bad as it may sound now we and our experts must do our best to use the situation to our advantage in order to render help mankind including russia would learn well the lessons the situation is teaching us. and
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hold gunter he's part of the beyond nuclear campaign group in washington d.c. he says the construction of the reactors at the fukushima plant make the danger of radioactive contamination more likely. clearly two of the containment systems are damaged one may very well be unit three may very well be ruptured. in addition to the three reactor accidents all six of these nuclear power plants have tremendous amounts of nuclear waste stored in pools on top of the roof outside of containment and clearly unit number four the last report that we have it has lost all the water cooling the fuel is which in the unit four they had offloaded the fuel out of the reactor so they put the entire reactor core into this
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rooftop pool so it's out of containment it's lost it has no water and clearly we have a full court meltdown maybe on its way without any containment whatsoever then there are the two other pools and five and six that have been heating up and the concern is that if they do not restore power to that facility that all six reactors could become fully engaged in a meltdown. not a crisis at the fukushima plant and so that's a criticism of the make up of the nuclear reactors designed by american general electric back in the one nine hundred seventy s. the company is unlikely to be held liable however major customers like india not rushing to sign contracts correspondent. has more from new delhi on the indian reaction to japan's disaster. reaction here in india has been mixed especially considering that the chairman of g.e. jeffrey immelt was actually in india this week promoting his company's interest in
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investing millions of dollars into india's nuclear program which is isolated to be worth around one hundred fifty billion dollars he announced that he plans to spend five million dollars here within the next five years but obviously many indians are worried about what they're seeing over in japan she did design those nuclear reactors that have caused so much damage and destruction in fukushima and according to japanese law she able not be held liable for any of that which could save them potentially tens to hundreds of billions of dollars now this comes on top of a huge scandal that's rocking india today wiki leaks the whistle blowing web site actually released thousands of cables so knowing that americans knew about bribes to indian politicians to make them sign that the u.s. indo nuclear deal back in two thousand and eight so that's clearly not helping american image here in the subcontinent right now india is planning on increasing its nuclear tomic center recent thirteen times by twenty thirty so there are
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several american companies not just g.e. that are very keen on trying to get a stake in that but as of right now india doesn't want to have another potential disaster like what they're seeing over in japan happening here especially given the fact that she isn't really being held responsible or accountable for what's happening over there so only time will tell but as you've seen since the days following that is that stocks have been tumbling so we're going to have to wait and see what a box that has on its future plans to build nuclear reactors around the world and here in india as well. correspondent reporting contributor wayne madsen says that nuclear energy will be used in the u.s. well entrenched both in politics and the media and are able to defend their corporate interests even in the face of japan's disaster. well what's going on here is we've got general electric even after the comcast merger still has a significant
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a stake in n b c we see the nuclear lobby through the nuclear energy institute and all the other page shills in this town putting a full court press on every possible media outlet in addition to members of congress to make sure that nothing happens to affect the growth of nuclear power plants in this country and president obama i would add and not only has jeffrey immelt as jobs and competitiveness of advisor on that white house panel but he took a lot of money from exelon the chicago based nuclear power plant company so basically what ed moreau's said many decades ago that get the corporate boardroom out of the newsroom now we see the effects. well keeping you up to date with events in japan is our facebook account join the heated debate and share your thoughts on the situation going on in japan also have the latest videos and news as you can see here most of analysis and i was on the blogs and spoke of course of our top stories
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. thanks. to other news now here at sea and in libya fighting continues as forces loyal to colonel gadhafi close in on the main rebel stronghold of benghazi strikes targeted port just ten kilometers from the city reports suggested comes after rebels rejected an ultimatum by khadafi to leave the city and warning fighting also continues in the east and south of where the army now says it has regained control after a round of sanctions the u.n. security council is now discussing a no fly zone and a person in france said a plan is aimed at preventing conduct these planes from bombing civilians but other members insists it could lead to a military intervention and pushing for a cease fire so it's easy if you go to christmas. along with the international community a russia has strongly criticized actions in libya in fact just
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a few days ago president. has called. meaning that he is here in the country and. is his family you need to move also from conducting any financial operations in the country when it comes to the north while resolution clearly discussed by the u.n. security council russia is against and stands for the complete stop. and according to russia's foreign minister sergei lavrov. after the recent meeting of the g. eight foreign ministers in the clearest he says when it comes to this no fly resolution there are several stumbling points the first one is that even though it was supported by the arab league we haven't needed a concrete detailed proposal on help this no fly resolution should be no fly zone resolution should be conducted it's not clear whether it will need the use of force
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and russia strongly strongly stands against any foreign military intervention in libya moammar gadhafi continues to regain control of the libyan t.v. series from the opposition so it's not clear if this resolution will be relevant anymore. his forces are advancing on the rebels the libyan leader himself says that reports of the violence. have nothing to. we're sad. throughout we are dealing with something important to us from abroad i mean al qaeda terrorists leadership began to tell the world that no protests in libya about shooting of thousands killed they sent their reports to the news agencies and all of the sudden we found out and the whole world was against libya could we have had no protests how could news agencies reports not state a number of victims is one hundred fifty to two hundred how could one speak about
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thousands how can the u.n. security council and the whole world decide based on media reports and it's now difficult to change world opinion on perception of what's going on. and i was just just now turning twenty minutes past the hour here in the russian capital view without it that's one of the business leaders with the better. hello and welcome to business leaders have your company the japanese yen has hit its highest level against the u.s. dollar since the end of world war two it climbed as high as seventy six in the quarter in u.s. trading on wednesday but since for them back on the trading around seventy nine per adult market watchers blame the stronger yen on the repatriation of assets and foreign currency by japanese insurance but meanwhile g seven finance ministers will meet a day to discuss how to deal with the global markets will listen to the house expecting ministers to give japan b. go ahead to intervene in currency markets to steady the yet this week japan's
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central bank injected two hundred eighty four billion dollars in order to stabilize the country's financial markets which had been hit by a massive selloff. now let's take a look at the markets continue in japan the nikkei raised some of its post great gains that saw on wednesday closed down one point four percent shares in japan and elsewhere in asia dropped after u.s. officials said the risk of catastrophic radiation leaks from japan's quake stricken nuclear plant was rising. and down one point eight percent. u.s. markets are up this strong boosted by a drop in jobless claims for the third week in the last war which fortified investor confidence in europe a similar picture stocks are regaining some of the losses incurred in previous sessions and the state can drive the market is the notion that the g seven will cooperate to help ease the markets and i just see anything of global central bankers and finance this. fall tomorrow among stocks currently enjoying the rebound
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our royal dutch shell and struck by gas that they're all up more than three houses . here in russia the r.t.s. and the my six are in the final minutes of trading up one point eight percent respectively well investors are keeping a close watch on updates on japan's post quake radiation crisis high oil prices up . providing support to the market. now a global markets have bounced back after a massive selloff at the beginning of the week but those dreams could retreat should the situation in japan worsen let's not talk to my new job the global economist at h.s.b.c. bank in london thank you very much better for joining us so what we're seeing right now would you say that's driven more by psychology all by the real changing financial sea. thank you for having me on your show i think this is a lot of uncertainty in the market and that's what's really affecting markets it's of course the terrible events that have happened in japan and there's also what's
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a lot of concern about what's happening on the inflation front because in the background you are still having a surge in commodity prices lead prices and the real concern is that the world economy recovery is just too for a child at this point of time to be able to withstand all these precious coming through and that's what's really driving markets and sound at this point of time while the recent jobless claims data that we've seen today nineteen thousand jobs being shed would you see would you see that as a positive factor to go below global economy recovery. definitely i think improvements in the labor market in the u.s. are positive side in fact we've seen labor market stabilizing across the developed markets this unemployment is still very high but still at least there are some signs of stabilization and that is a positive and we think that should help sustain it consumer spending to some extent at least in the first half of this year but of course the the if i do question is how long this commodity prices last you know because if play shouldn't
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just pick up and wage growth remains very weak as we have seen and that's a squeeze a real incomes and that will really have an impact on consumer spending going forward or i would you say other main factors to watch out for friday will be the g seven meeting or what would you say. i think there will be a combination of factors to watch out for friday of course there will be the g seven meeting there are expectations building up the tail risk associated with what is really the outcome at this point of time it's not very clear what's going to be deciding if anything will be decided at all also of course there will be people looking at what's happening in terms of inflation there not too many releases coming out tomorrow but you do have a german p.p.i. for example which will give you some more indication on what the e.c.b. could do and at the same time any news that comes out from japan in terms of you know the radiation leaks and also in terms of any supply disruptions on the oil side from the middle east all of these would have an impact these are the main
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things to watch out for on friday all right not only drug level economists that h.s.b.c. bank thank you so much for being with us. thank you. saying the russian banking system has been benefiting from increased economies of scale and reduction in a number of very small fundamentally weak backs of prime minister putin says that national banks should still take a more active role in modernization loveliest we need to make the growth of quality in the banking sector our priority to increase. and expanded to. russia needs the banking sector to be highly competitive with high capitalization the industry should be based on a state of the art banking infrastructure with the introduction of new technologies and the implementation of modern management. russia is looking at different options regarding the south stream gas pipeline project deputy prime minister the decision says the state is considering lowering costs replacing it with liquefied
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natural gas estimates there and this comes after turkey's delegation visited moscow on wednesday to discuss several guy natural issues a key energy matters including south street failed to make any headway turkey's approval still needed to be struck the right lines under c. section russia has already signed agreements with other countries to construct over land that work left snake of obesity capital believes however that there is no alternative to the substrate. as far as the route is concerned there are not many alternatives most broadly there will not be any l. and g. reduction in the black sea for simply for that reason the world no issues as far as force is concerned in fact if russia starts producing only ellen g. it would have to for the second prize part called experts. from before us so it's rather question whether believe needs. this gas or nor the shareholders of
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russia's second largest mobile operator going to have approved a six billion dollars purchase of wind telecom the decision means we will now be able to complete to complete the transaction rather with the winds despite strong opposition from the telling or russian operators second largest shareholder its assets include italian mobile operators the wind and the controlling stake in. the cairo based company with telecoms businesses in africa the middle east and asia but look on hopes to finalize the deal by the end of june which will make it one of the world's biggest mobile operators by a number of subscribers. she's planning to sell its fast but. yes that's despite funding costs approaching their highest level in a year in comparison with debt maturing soon but the move which is russia's first since one thousand nine hundred eight the fault is that in the end of the states broadening its invest the base that the finance minister needed plan ken said the
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state wants to provide a benchmark for russian companies seeking debt in the u.s. and insist that the state had no need and attracting from its own that so we have time for this i will be back with plenty one round fifteen minutes time rory is next with a light cigarettes. thanks
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for. the.

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