tv [untitled] April 20, 2011 9:00am-9:30am EDT
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church in new delhi who took the maori baby which is very rich remove the clothes of the maidens merchant believe that those are the legal rivers and ship he was punished for deeper transplants. feeling at the fire tensions rise in libya as britain and france plan to dispatch a military team to advise the rebels a move the local government says weekend warhol little kids tripoli warns about will prolong the conflict more reactions from me here in london in just a moment. as the world bank warns of an in crisis finals experts say it's time for america to step back from its dollar role in the global economy and focus on that using its own it's. called chip in georgia despite a growing social welfare system very few actually receiving government money and more than half the population are in the oval office. and in business news
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russia will become one of the top five global economies in the next decade says mr putin as he outlines the course for the country's government and parliament is not your business bulletin for the details in about twenty minutes. a very warm welcome steve this is a line from moscow front since joining the u.k. and said this is to libya to advise rebel forces but moving to breaking the stalemate between pro and anti gadhafi factions are the two months of clashes. amid reports from longer on how the decision is being justified. they're saying that these are not on the ground they are in fact military advisers they are armed but only to protect themselves according to the u.k.
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and apparently they're not going to be wearing uniforms and they are to do what's called what's being called organizing the rebel troops as opposed to training or arming the foreign secretary william hague here in the u.k. saying that they're going to be involved mainly in intelligence gathering also in the just sticks and in teaching the rebels how to improve communications strategy now we understand it's not clear what the numbers are but we understand that there are going to be about ten french office says who are being sent and possibly up to twenty four to shelters this all the other reports say that the numbers there are more even but i mean one thing is clear whatever these people are going to do this does are the u.k. and france its commitment to this conflict in libya and many people are saying that this is the biggest move yet to ward putting troops on the ground as most of these governments have said that they don't want to do now i spoke to john baron and he who is one of the only thirteen m.p.'s to
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a vote against the intervention in libya against a for a total of five hundred fifty seven who voted he has great worries about how this mission is progressing i think the majority of people. who voted for intervention and i respect you did someone in the assumption this was. a boy or a member of the. u.n. resolution putting ground troops and i think it would be go beyond that resolution seems to becoming apparent is that we now have the no fly zone in effect becoming the force of the rebel fighters and i question whether that was within the spirit it was as it was originally to find i should say when i spoke to john baron he said that there would be huge public outcry if ground troops were deployed in libya. for the last there's a lot of worry here in the u.k. government so much so that members of parliament from all parties have requested
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that parliament be recall from its easter break to discuss what is happening in libya and whether this does constitute mission creep tripoli's very angry about the foreign minister has come out and said that this could indeed worsen the conflict and in fact move a peace deal between the rebels and the current government further into the future he said that it would encourage defiance amongst the rebels if they thought that they were getting an ever increasing amount of support from nato and of course the ultimate worry that this is just the first step. along the road to sending in ground troops many say that this situation could turn into a similar situation to the one that you see in afghanistan where of course british forces have been involved there for ten years and counting one prominent politician something campbell went one step further reminding everyone that in fact the sending of military advisors in exactly this situation was what it was the us is first move when they went into vietnam. you know with r.t. coming up on the program just lost hope in the caucuses. i have
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no home no job no money and no social support all i can do is. beg so i can feed my sick child oliver storage and then there you go and would they claim isn't helping them get by despite promises of a better world first stop. global finance ministers are demanding urgent action to avert another devastating economic crisis the world bank and i.m.f. driven primarily by the us are usually the first. nations looking for financial support as our report ny reports washington is in no position to advise others one of the struggles to cut its huge deficit. and you will spring gathering about the world economy produced a dreadful financial forecast we are one shot away from a full grown crisis critics say through the establishment of the international
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monetary fund and world bank america has positioned itself as an economic dr to the world using the institutions to retain global domination and fulfill the business interests of large corporations creating resources belonging to cash strapped contradicts what they do they very often pressure governments to what we call pro-cyclical the economy is weaker than recession and they want to cut spending or raise taxes that can be very very dangerous and could slip back into recession worse tale all too familiar to right america the middle east. and most recently greece. where tens of thousands storm the streets protesting austerity measures public spending cuts and tax hikes. as the largest financial contributor washington also wields the largest voting power at the i.m.f.
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the furn of the i.m.f. it is run program by the u.s. treasury department and with some input from the european country that right there tells you most of the problem this is supposed to be you know a hundred something countries and it's run by just a handful or maybe just one and american has always served as president of the world bank since its creation in one nine hundred forty four but now with its own backyard in disarray america is hardly in a position to hand out financial advice to others in two thousand and eleven america's financial management is best defined by a nonstop borrowing bench seat up to talk over there it's a running ticker of u.s. debt which has surpassed a ceiling of fourteen. point three trillion dollars now the u.s. may want to consider investing in a bigger clock with a few more digits on the display problems so bad the u.s. president can't ignore it and the government can't seem to solve it we have to live
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with an army we have to reduce our deficit republicans have refused to support measures such as raising taxes on the rich or cutting defense spending we're approaching national debt on a par with the total g.d.p. of the country this is very serious because most economic research suggests that countries tend to decelerate in their growth and have more and more severe economic problems once the debt to g.d.p. ratio gets above about nineteen percent and we're about to go through that level all eyes are now on the nation that sets the bar for others to see if they could clean up its own bad debts at home. or nine r.t. new york. on the way the u.s. looks to improve its economic standing by drawing a new energy besides the find out why structural use of shale gas could be risking the health of american. lives if you say find a decent job at home with
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a they even want the work we look at that in just a few live acts. georgia says it's doing all it can to help people through hard economic times but not everyone's getting the government support thousands live below the poverty line struggling even to afford to put food on the table. as oliver ports from tbilisi. the small city country of georgia has long been known for its fresh organic raj use recently it seems the fruit of georgia's economy has been rotting away. people come to the market and don't buy anything because they can't afford it out of all the goods here only i knew them potatoes a loco everything else is imported from greece and turkey and iran and it's so overpriced we stay here anyway because we have to try and sell something so we can eat. divan knows all about having nothing to eat she hasn't even been able to afford apples for handicapped daughter too expensive don't worry i have no home.
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no money and no social support all i can do is sit outside a church and beg and i can feed my sick child the only money we get is my pension around thirty u.s. dollars a month and are together it comes out to about seventy five dollars a month so that reality t.v. bills and buy medicine for the area which is impossible for a young has cerebral palsy and is in desperate need of surgery it can only be performed in germany her family has no hope over raising the money other me on the arm will go she's already had eight operations and has five markets but i've almost lost. he even went to a charity t.v. show but he turned you down. at the barn and her family live well below the poverty line and in this they're not alone.
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and can present before. now since the percent of. the georgian government has a growing social welfare system that includes cash benefits free or low cost health insurance pensions and souters for daycare the social benefits are aimed at the poorest of the poor however a two thousand and nine world bank poverty assessment showed that only thirty percent of those citizens actually received cash assistance and it seems qualifications don't help either. if you run as a professional singer and in these tough times. is all she and her daughter have. but the only real music to their ears would be an offer of help something neither has much faith they'll hear any time soon. the government is claiming that it's doing everything possible in the current financial climate to help its people born
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more georgians clearly have no money for even the basics like food medicine and living like this it's clear that the poverty line is very evident in the heart of the georgian capital. kashmir those are the r.t.e. b.b.c. georgia. well some of the international news this hour and there's renewed violence in yemen in separate incidents around see government protesters killed by most appalling government and policeman died in clashes it comes i tell ya the security forces opened fire on demonstrators in the capital sanaa killing at least five victims died of gunshot wounds of those are in a critical condition the wall of the u.n. which held a meeting on the crisis any of it failed to agree diplomatic. heavy gunfire has erupted in the ivory coast capital is forces loyal to the new government tries to dislodge the letter of the deposed president it's called out of its hands to reestablish security following
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a heavy fine saying earlier to snog house lawn bug ball he was arrested last week with the help of the red and french forces during a raid on his residence in abidjan. the european union's executive alma's asked for a significant increase in the e.u. budget risk in the round with member states the european commission wants a rise of nearly five percent well above inflation last year the approval of the twenty eleven budget a lengthy sound off between britain and several other member states many countries argue they couldn't pay more while also imposing austerity cuts. now it only has modest reserves of natural gas in the united states is appearing deep underground for a new source extraction and use of shale gas has been given top priority but experts warn that risks held down the environment are not being taken seriously and not only can you sure. it's cheap it's readily available and it's made
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in the united states washington has hailed shield gas as the next big energy development or the top five years the u.s. has invested billions of dollars into the field bringing cheap energy to consumers children posits lie deep underground and unlike natural gas shale is widely available in the u.s. which means the country doesn't have to pay for imports. for. the shill revolution stems from high gas prices but the main question right now is how will the shale gas industry survive now the gas prices are one hundred two hundred fifty dollars which is four times less than they were say six years ago. this pipe that european countries are also looking at potential shale gas resources on their territory albeit with some hesitation rights now it's more holds then facts and we have really to think realistically about this source of energy we
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don't want to say give the terms of cause in russia and the like america have thought another potential plus of shale of course is stopping countries dependence on russia which the place most of europe with natural gas maybe already saying that if shale deposits are found in your most advantage of supplying gas to other countries what's been happening to the rebels don't seem to be losing any sleep over there supposedly cause here's what. we're watching the situation within the local it's very viable well it will remain a local gas supply it's impossible to extract gas going to last for long and if you look at the shale gas suppliers right now you'll see that most of them are losing money. shale gas may be easily available but it's the balance and. it does not
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come cheap but with what you order to get shale gas you must feel horizontally incessant crap and that means the profit margin of the process gets lost very fast . and though the a bomb on ministration has hailed shale as an environmentally friendly out for natural gas a recent study put this on this question several scandals have already broken out in the us because of the effects of shale gas development only environment and people's health. chill gases extracted by hydro fracking that means special chemicals around into the water to break up the rock formation components of these chemicals are kept secret by the companies in the united states and claim it's commercial secret water laced with chemicals ends up in drinking water so shell gas development poses a serious threat to the environment and health care in the united states may have done russian gas production two years ago but like any seeming miracle cure shale
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gas may prove yet another falls and the interest economy. that one hundred house to deliver to armenia fresh off the production line play named. commercial flight on wednesday now as it's time to head of the party. stand out. for example if you consider the so-called super jet one hundred projects it's a craft control system is capable of warning the pilots of every single and so does not let actually get into the situation it's essentially an act of aviation safety system control system capacities can make up for practically any part of the state . tough economic times that's two million young italians doing nothing so it just takes some work or
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studying even the highly educated back at home forced to rely on their parents who got a one off reports on the last generation. for over a year now element has been trying to find a decent job with display and having a degree in linguistics and fluently speaking german french and spanish the only words she's been able to find short term gains analysts say is hiring interns is simply cheaper for companies while many of those with a higher education are left behind and i can find that if it doesn't improve it i don't see how it can the only way to find a job is to look for it bright and too tired of working for it here and ready to leave. but while many can't find a job this guy doesn't even want to start looking for a lady is twenty five but still lives with his parents who cover all his expenses weeding up after new day then killing his guitar and video games to him illness
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problems or as unfamiliar as a job application moment pressure of a body to get work is boring and neither do i care about politics or the economy this is a free country and everyone can do whatever they want that's the medical mystery. billie's national statistics agency counting is that one in five young people in the country is either unemployed or not steady that's over two million people so many are unable to find long term work and some not wanting a drug at all the statistics are quite grim to such an extent today's interview with an elderly has been dubbed the lost generation something totally incomprehensible to their elders. learned to spend his whole life working at a post office now in retirement he says. that back in his day it was much easier to find a job than thinks the current situation is a serious. complication. is what life is there for it doesn't matter why they don't
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want to work what's important is that the government has to do something to provide work and make them interesting. about you know the hero italy's central bank who says the entire economy is in need of all the major religious leaders. especially since the young it's no use who do good work for less than those doing the one nine hundred eighty s. and production output is in decline in one of the world's eight biggest industrialized nations the last thing it needs is a future generation that's floundering while finding a job or flunking out together. if you want to have your say on any of the stories that we're covering so they head to our web site www dot com there's there's more to the south of there with exclusive coverage that is of opinions available around the clock this is a quick taste of what ways if you are lying right now it's going to be
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a very special easter for christians the fact they die in this era falls on the same day for catholics and all those believers say find out how rough surf is preparing to celebrate. and blast the mosque aims to become forest friendly with everything is of on the ground text set to be translated into english all the details are only a click away asshole seems up. about what about eight i had life just a few moments ago and now they were business all day with a tree. thanks i was alone welcome to the program prime minister putin is outlining russia's
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twelve month economic records of parliament with a clear push to boost the country's output from modernization and by attracting foreign money things that only an oracle has been listening to what the prime minister has been saying. well it was all about summing up and setting goals during russia's prime minister's annual address to the country's law makers last year prime minister putin has promised that his government is going to do everything it can just up the crosses over the recovery of russian economy from the other global financial crisis and here are some figures for you on that as russia's g.d.p. a small percent in two thousand and ten that's more than in any or the g eight countries and the forecast for this year's growth eased four point two percent as for the bulls the prime minister has said to the russian government and parliament was indeed increasing foreign capital into the country up to sixteen seventeen billion u.s. dollars a year prime minister pretty stressed the need today versus by russian money from oil and gas sectors but says judging by the figures that he's presented today
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indeed russia has recovered from the global economic crisis with much lesser losses than many experts have to take its. course in gold futures have advanced to a new all time high topping fifteen hundred dollars patrol it's well wide inflation and that concerns a bowstring precious metals which invest in when there's turbulence elsewhere story now bites in the caution from the local gold jim thank you very much for being with us so you know markets are fooling gold is up markets are up gold is up what's going on there i think the key thing you have to remember is that gold really is it's a absolute story of well obviously when you look at the screen you see the nominal price is a nominal prices are what we pay them every day basis for tomatoes or apples or coal so the nominal price of gold is going up however the real issue is if you want to preserve the purchasing power of your money they want to make sure that purchasing power you have years out ten years out there where ever you want to find the absolute world well that's the traditional function of gold and of course what
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we're seeing right now is basically gold telling the world that the dollar value of the dollar is falling because of the zabbaleen the gold will only continue growing if there's such a preserved well. i mean i think we have to understand to the people obviously have expectations so that sometimes in the in a bull market to get a little bit out of whack i mean nothing goes up all the time every day you know the way gold has been going up all the time of course they'll be corrections of course they'll be bumps in the charts in this but i think what's happened is because of the amount of liquidity this we're pumping for the global market typically in the united states. there's really no reason to suggest that the gold prices are going to go down substantially for a long period you know take a look at the investors are sitting on the sidelines right now thinking whether to come in and buy at this price what do they do do they actually buy yeah i mean again i think the key thing investors have to ask themselves is why am i buying all of my trying to just ride the wave in which case buying gold the same as buying any other sort of security or stock or anything like that if you're buying gold because
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your consumer and your seedings in nominal form which should be a savings account or it may be a treasury bond is a vote if you're concerned those savings are not going to have to seen purchasing power now in the future and yes you should buy gold if you're just trying to ride the gold then you know frankly you can buy anything at this point google or amazon or oil company there was a good to see there's any risk of a bubble in the golden bubble and i think if you think about it if you people past hundred years or so basically a traditional waiting in someone's portfolio from gold globally was anywhere from three to five percent right now or below one percent so clearly there's huge room for gold to go back to the mean if you will basically have called the police the traditional role of being sort of insurance element in investor portfolios right now despite the moves in gold really the world is not over just go by any means when russia seems companies like police gold are really enjoying this ride over the biggest gold producer and it's been reporting that output in the first quarter grew sixty percent on average how did that happen how well it was you know political has
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their core project olympia and then sort of the silent sadly the puzzles around this in the middle of course because they are screeching inside bierria and they've had some problems with it last year after a few days. using a very sort of high tech technology and from so using actual living organisms a process called there are some problems with that last year and believe me will sort of get that back on track. not yet a member that basically pull a school has had very little growth of production over over many many years so it's very sort of due for a bump in production so do you think of final question called will always maintain its safe haven status well again is really a pretty bold statement i think the idea really is is that on any any day to day basis no i can't but if you're taking a little longer term view and you know a lot has traditionally performed as a source of protection so in that respect and looking out for gold stocks at the same time is also good or i mean we're both actually as a leverage play angle is basically operational leverage on gold what you're
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basically betting on right now if you're going for gold mining sector in equities and so on you're betting on is that the cost of mining gold rise slower than the actual price of gold that you sell and so you're seeing margin expansion in that sense she was happening gold is going up faster than oil for example which is a key component for mining ok it's image and c.e.o. of a vocal thank you so thank you for your time for your comments. the problem is if you look at commodity markets you will always continue to recover from the losses we've seen early in the week prices dropped sharply on monday as consequences of news of america's credit rating outlook being downgraded rennes crude is currently above one hundred twenty two dollars per barrel light sweet home of one hundred and nine european stocks are gaining this hour several minutes ahead of the opening bell in new york u.s. stock futures are looking positive on another forecast from intel with high sales and results of the end of bags are up more than that two percent shares in com a composure are jumping more than three and a half percent this hour through both of the ten percent rise in first revenues.
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here in russia the picture is also rosy with the my six pairing up one percent r.t.s. almost two percent and look at some of the stocks driving the growth notably energy majors rosenau gas from up one and a half percent and produce gold as we've mentioned is reported to sixty percent increase in output revenue in the first quarter it's gaining two point six percent that's our. that's all we have time right now we will be back in around fifty five minutes time with nothing complete just business news headlines on it's not.
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we have seen the damage it has done to our environment mark chemicals what the pair props we do not want any more of new g.m. owns. or coarsest mistress so there was a dozen more experience and i'm just i'm just appalled but that's allowed to go on . here getting this unfortunately because we don't know it's an ad from there's no labeling there for it being used like the board to experiment to be used as guinea.
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