tv [untitled] April 8, 2011 5:00am-5:30am EDT
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if you knew about sun from feinstein the fresh. starts on t.v. don't come. in the. france's military initiatives in libya backfired home with mounting criticism of the country's leadership and protests against a three week intervention which shows no sign of ending. the cleverest generals from the start the new. nato is accused of incompetency in libya by and taken off the force after an airstrike killed at least five rebels on the front line. is dead it is deceased is is it is it still in a convoy survived plans to be allowed to get straight in portugal sparked anger
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among europeans concerned that strong economies are once again forced to pay for others to prop up the eurozone. the cost of protecting russian wong's against nonpayment falls goods laws since two thousand and eight as high oil prices pose the country's foreign currency reserves details coming up in our business both on and president's. visit r.t. coming to you live from moscow i'm marina joshie welcome to the program the friendly fire of a nato airstrike has killed at least five and to get off the rebel fighters in libya some sources suggest it may have been dozens and that will only add to the criticism coming from the opposition who say the alliance is not doing enough to help them and for those countries who were pushing for this operation three weeks ago a very real chance of a stalemate looks likely to bring some grand ambitions crashing down they all
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bushell reports from france. france was among the first countries to push for a military solution in libya but now watchers are questioning its justification for going in once again on what i call the imperial condominiums a recurrence of africa already having long term connections on the continent paris can't forgive colonel gadhafi for fighting its military in neighboring chad in the 1980's and challenging its corporations in the region ever since the french quarter . is it a friends policy or or is it a sarkozy see do we try to do to convince the. men in this capacity to be their leader of the g twenty. and also the way that it tried to survive in frost reports like pentagon was plotting an invasion already last year have prompted it because asians of revived imperial
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ambitions calculated as a coach would have for france's president the move has backfired french foreign minister a leisure pace says the invasion could last days or weeks but not months into its third week war in libya is turning up longer and harder than wanted. to see that peace force is still standing firm rebel gains only come with a heavy hand of nato helping war in libya would put him a good friend to friend feed the broad and restore the government's popularity here forward instead as the body continues opposition on both sides is growing these demonstrators say they see through france these noble claims can claim humanitarian intervention but it's really. in local elections nicolas sarkozy got stumped he's u.m.p. party winning just nineteen percent of the votes the french president hoped for
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a ratings lift from the war. he's got the opposite. because of more. presidents for ever for the last forty years given france's troubled history in the region maybe fear some countries may remember their common past and unite against their former colonial master. countries that have genuine revolutions genuine grazing and then being able to unite i think that is something which the imperial powers don't really want to see with france facing a growing backlash at home and abroad eighty talk of a quick fix selves out of. the new cultural scene paris a front line shifting forwards amban and control weapons traffic and chaotic allied airstrikes are just cause leader who is in tripoli as a way as developments on the ground in libya. nato has denied responsibility for
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a strike on an oil field in the south east of this country instated says it was gadhafi trying to sabotage oil supplies to the east implicity of two broke from where the rebels have begun exporting the first consignment of crude oil with some one hundred million dollars to qatar now in a separate mater is strike there is sort of confusion over what exactly happened but we're hearing from doctors on the ground that at least five rebel fighters were killed and some twenty two were injured what seems to have happened there is that the rebel fighters were trying to advance with heavy weaponry when they came under attack by nato they quickly retreated to the town of ajdabiya which was some seventy kilometers to the race for the rebel here quarters in benghazi and beaten very was shelled now nato has not directly acknowledged responsibility for that is strike and for the casualties that have brought but it does say that the situation on the ground is extremely fluid at the frontline teach shifting rickman's flowing
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forward and backwards and that it's rockier what's actually happening the last few days have seen bad weather so no doubt that too has hampered nato operations here on the diplomatic front there is a proposal on the table from the turkish prime minister a road map for peace there does include the establishment of humanitarian corridors it would also see the removing his soldiers from some of the proceeds thirty's and implementation of some kind of democratic processes but we are hearing that the rebels have already rejected this proposal because they say nothing short of gadhafi stepping down and leaving this country would be acceptable journalist purpose kabar from b. asia times believe the coalition's actions in libya are leading to steal meat. the nature of going on is nato incompetence number one ok you know what they want they want a colo tanks of qaddafi forces sitting in the desert place sitting ducks so they can bomb them at will what kind of his forces are going they are disguising their
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remaining tanks and armored personnel carriers inside or around the cities he's using guerilla against the guerilla cleverest pensacola in general strummed they start the new this would be a stalemate the u.s. and the brits basically want to arm the rebels you know that could happen in effect has already happened they raided some arms depots you know eastern libya and this they're related french not american they already have surface to air missiles and they took these out of libya so it's probably somewhere in shot in central africa so this is already happening can you imagine if these rebels are armed by the cia pentagon s.a.'s from britain and all that can be measured this is six months we're going to have mujahideen too soon. so as a foreign intervention in libya drags on the struggle to justify it gets tougher as you'll see a cross talk show coming your way later today. that the
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terrorism has kids around here. and their government as a whole is something that the whole entire world does not have the word doesn't really want to have if you rule so the world has actually moved and saved lives if i may jump in here and john john john if i was to go to you i mean if we look at recent memory he was being brought out of the cold i think we recall that these documents were exactly the same as the arguments used for the unification of afghanistan and iraq and nobody thinks that what we've got in either place is a model of democracy and the argument that the very language. is that this is a dissembling language to say that the world community there is no world community if i'm a citizen in this country my country is at war a majority of people in the opinion poll don't want to be bombing libya our government and the almost one factor is that it's the middle east so what can we do they want to go to the water go to war isn't true but there's some sort of this
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embodied world community and he's backing this. rescue operation for portugal's economy starting even ministers need to discuss a bailout package for the country however critics say that once again european taxpayers will have to tighten their belts to meet the bill and as john gard of the e.u. referendum campaign told r.t. the heavily listing ship of the european economy could eventually be sung by the eurozone. we don't have a duty to tell our portugal we did not accuse each player island we made seven billion pounds worth of welfare cuts and then we gave seven billion for i don't know figure that is neither and now spain is going to go the same way and our lousy coalition government won't get the british people the right to have a vote and you know the reason they won't give us their vote because they know that seventy five percent of people in a recent e.u.
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referendum campaign and congress poll said they want to get out of this expensive undemocratic club and the euro is going to crash and burn spain will follow poaching go and i say not a penny to portugal not one single penny one single cent one single euro it's nothing to do with the united kingdom we want our country back thank goodness we never ever joined this madness how can you link the economy of an economic powerhouse like the united kingdom or germany with somewhere like greece you know well the answer is you can't and it fails and the sooner it collapses labatt's now we're having a referendum on may the first on the alternative voting system that's the referendum we need the referendum we need in our great country is of straight in or out should we stay or should we go should we say to you and the british people want outs whether we get a referendum no it's kind of becoming irrelevant because this currency is to the old one tea party you know this power it is to see these deceases power is no more
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well let me tell you this currency is dead it is deceased is is it is extent it can not survive spain will go next. and coming out it's not just europe that's in trouble. the u.s. debt problem is big fourteen trillion dollars big meanwhile the solutions lawmakers are coming up with to solve this problem are small. the gridlock as the u.s. tries to twenty eleven budget and its rights to its credit rating. one stands to the front line now forced to fan for themselves georgian veterans of the ninety's war with a posse are now having to fight their own government they say they're forced to live on next to nothing while the country spends big money on a string of them orioles launched in a blaze of pop and publicity artist has a story. there are memorials like these all over the world set up to honor all
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those who fought for their countries a sign of respect and remembrance but many of the veterans here in georgia feel that they have been completely forgotten captain davidson sansa went through the war and highs in the one nine hundred ninety s. and he created officer he now has to survive for just fifteen u.s. dollars a month so i don't get a pension now and i won't until i'm sixty five but will i live to see that money we used to have some sort of support the hospital the free treatment social benefits but they got old taken away in two thousand and five and i got fired in two thousand and three with no explanation whatsoever. lives in a house that he claims is unfit to live in yet to send his family away because he can't provide them with food. or my house has no gas no running water i can't pay for any of it i can't get a job the only reason i'm still alive is because of my friends i live in what they
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can see. and there is not alone is right more and more veterans in georgia killed a lack of support from their government when they try to draw attention to it by calling a hunger strike they were simply shut down some or even arrested were going to officials for refusing to comply with police orders and being under the influence of alcohol. was the most outrageous monster of veterans and the international media was that that those detained got slapped with a two hundred twenty five dollar fine not one of them has an american. government building. and brings foreign dignitaries by to see it but it's a farce because in reality the veterans in ga dying of hunger poverty and nobody cares they are being thawed from their jobs if it did from their homes before the police came and broke up our protest the president drove by he stopped load his wind. looked at us for one hour later we were pushed out of the way like we were
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nothing but doesn't n.g.o.s and human rights groups demanded an official investigation into the actions of the police even the us ambassador to georgia officially stated it was disturbed are reports of police violence no george inch each hour accorded on the event but opposition parties were quick to make as much use of it as possible so it is essential the international community reacts strongly to what is happening with the georgian government and society i don't know the political battles continue and the veterans who have already sacrificed so much for a country that largely ignores them are being drawn into this war as well i don't know it's not about health care through knows are about r t a c ga while for more details on the stories we're covering go to our website r.t. dot com now you'll find the latest developments on some other international stories as well so keep up to date with the investigation of a plane crash that killed the polish president last year as russia plans to
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r.s.s. feeds now with the palm of your. machine on the. line. would be soo much brighter if you move the song from violence to crash in the. news for instance on t.v. dot com. wealthy british style it's not on. the. market. find out what's really happening to the global economy for a no holds barred look at the global financial headlines today and cause
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a report on markets. in the us republicans and democrats can overcome their differences on the spending cuts needed to agree a budget for two thousand and eleven but the proposal seems small fry in comparison to the nation's debt and the threats from rating agencies that could make paying for it a lot more expensive r.d.s. lauren lyster explains. while u.s. lawmakers in washington baker over the budget and hurled blame across the aisle for the gridlock calling opposing colleagues relatively small that string group of india logs who wore an anchor dragging down the budget negotiation process give me up for another group of decision makers has been weighing in on the debate one of the country's top credit agencies telling the feds something. has to get done this debt ratings agency standard and poor and moody's have been warning for months that
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the u.s. debt could threaten the country's golden aaa credit rating telling investors in u.s. bonds essentially they may have to worry about getting paid the u.s. debt problem is big fourteen trillion dollars big meanwhile the solutions lawmakers are coming up with to solve this problem are small this tiny dot represents even the larger sixty billion dollars in cuts republican lawmakers originally proposed meanwhile the u.s. government each year continues to spend a lot more than it takes in resulting in more than a trillion dollars in budget deficit so with all of this there rating agencies as unsustainable and a concern and it's a path the u.s. has been on for a while forty three cents of every dollar we spend this year. we vote against the future of continuing on this trajectory of borrowing and spending however would not be an option according to financial analysts if the u.s.
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was downgraded so what would happen it would be another crisis it would create global shock waves and part because most models and understandings of the global investment landscape landscape take is their sort of central banker the us ten year treasury bond as the risk for us as it is the interest the u.s. pays on its debt is staggering it was one hundred eighty seven billion in two thousand and. four pozole it increases to eight hundred forty four billion that number would grow exponentially faster with a downgrade because the us would likely have to pay higher interest rates to borrow money meaning less money to spend it home than we have to start cutting really aggressively and for many things that are too important for americans really to to be able to agree to cut them right now drastic cuts in everything from energy to education to the military and whether the u.s. would really be downgraded is up for debate the u.s.
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has the exorbitant privilege after all of printing dollars the global reserve currency to pay its global credit card bill the scarier scenario may be that the u.s. has even reached this point a situation that once would have been unthinkable lauren mr r.t. washington d.c. . economist mike norman says fear mongering over a looming debt crisis in the u.s. is diverting the government's attention from what really needs to be done. the debate is that people have a misunderstanding of this they view the reality in a way which is mired in misconception and myth and this is this is pervasive from the common person on the street all the way up to the highest levels of policy including our own president who goes out there publicly and says we are out of money that is an impossibility the united states of america issues the u.s.
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dollar it could spend it in any amount that it was to with a nine percent unemployment rate and millions of people at a work and industrial capacity far below what our potential is and millions of on hold and sold homes and all this other excess capacity that we have what we should be doing is increasing demand and the way that we do that in an economy where most people are trying to cut back their dead is for the government to step in and stimulate demand by spending on infrastructure on education on health care on basic research and development on transportation on alternative energy these are the things we did in the past these are the things that created the real capital that was passed along from generation to generation it's what made this country rich and it's exactly the thing we're not doing now because we've been we've become sidetracked on this nonsensical issue of the government of the united states running out of money when it isn't a possibility. torching archie was now take
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a look at some other stories from around the world and a violent aftershock measuring seven point one is shaken japan threatening a second nuclear plant a water leak from fuel pools has been detected on a golfer syllabi these pictures are from the miyagi television offices in the city of sendai one of the worst hit areas in the last month. and this latest aftershock those three injured over a hundred and it's number one was briefly what it's like. hamas says two of its members have been killed by the latest israeli air strike on gaza it comes after the hamas government declared a cease fire in an attempt to prevent a further escalation of violence heavy fighting to place across the border on thursday when israel responded to the shelling of a bus with airstrikes and tank fire. this dramatic footage shows children fleeing from a killer who shot twelve kids dad and wounded at least twelve others in brazil
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twenty four year old former student of the public school where the tragedy took place and heard the building and opened fire into classrooms and shot himself down towards the country's president has to clear some days of mourning for the victims of the massacre is the first of its kind in brazil mirroring school shootings in the u.s. . well time now for a business update with great e-mail account who is now in the studio corina well it's not really a surprise but the oil prices are rising again due to unrest in the middle east and africa so what's the price now that's interesting well the latest figures we have marina is one hundred and eleven u.s. dollars per barrel for w t i that's light sweet and another reason for the price rise is that we could go and i will have no figures in just a moment but first of all the stories here welcome to business the ruble has made already gains against the dollar and the euro since the beginning of the year these strong rise has added further interest to its rise but alexander you have to be to be capital believes the russian currency may be close to its peak. ruble
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appreciation is probably close to running its course because first you have this new strong currency count in the first quarter and then we seem pretty gross this factor influencing the ruble will diminish and second we still have kept the outflows and they are abating a little bit but it looks like this is a structural same rate for for now and they can chill out for might continue going forward. and the cost of protecting russian grounds against nonpayment has tumbled to its lowest since two thousand and eight as high oil prices boost the country's foreign currency reserves credit default swaps for russia hit around one hundred twenty two basis points a five year contracts are priced at a lower rate than those for spain and italy russia's international reserves have jumped to more than five hundred billion dollars the highest since before the cry of the credit crisis. all prices have extended their rally would ongoing unrest in the middle east and africa
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a weakening dollar is also contributing to the growth. is that you high is above one hundred eleven dollars a barrel brand and is trading at more than one hundred twenty three dollars a barrel reports say all the levy has been damaged during concerns the civil war may destroy these oil facilities taking a look at the markets now european stocks opened higher by they cheered by a rally in japanese stocks overnight mining and insurance stocks are boosting the indices germany's dax added point seven percent of the u.k. scooty advance point eight in the u.k. we've elsevier lost one percent of g.d.p. more going to cut its rating on the stock to neutral on overweight and share their brands well half a percent in paris after the airline said traffic in march was hit by the earthquake in japan and under arrest and at least. here in moscow both the obvious and i'm isaac's had a good start this friday morning but then retreated a bit those two trading in the black energy majors are leading on both the bourses
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as world trade for both one hundred. eleven dollars a barrel let's take a look at some individual channels now gas promise up around one percent of the r.g.s. grocery out of his house this hour palmetto is also on the rise on strong precious metal prices and shares are up around one of the health. car sales in russia jumped an annual seventy seven percent in march the stronger than expected result was driven by the government's decision to continue the cash for clunkers program earlier this state a loss of a further one hundred eighty million dollars to probe into the program which will conclude by the end will be. cast from skee project to develop the rich stockman gas field is being delayed again the deputy chairman of the company says russia's gas monopoly has not managed to agree technical details of the project with its partners total start or what analysts say the delays may be due to answer since the of the gas market if bottom of vestment decision was initially expected
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