tv [untitled] May 25, 2011 5:00am-5:30am EDT
5:00 am
as president obama pledges with his british counterpart to increase pressure on the lead in a leader of their sproing a video the defense of tandem has changed to offensive only creased conflict zone. souses of georgian protesters press harder for president saakashvili to resign as many of the country's struggle with objects and corruption. the war in the middle east moves from the front line to online is palestinians and israelis clash over facts on wikipedia. and in business when russia is starting to recover the world still faces an economic crisis join me for that story
5:01 am
and more on business and around twenty minutes time. is one pm in the russian capital you're watching our team with new arena joshie welcome to the program warm greetings and other war banquet in the opulent surroundings of buckingham palace britain has well and truly rolled out the red carpet for barack obama designed to affirm the so-called special relationship between the two nations as the u.s. president gets down to official business calls for both bamma and cameron over comedy or addiction to war games are only increasing his war and it has more. holes. all smiles and handshakes as the u.k. and the u.s. take their special relationship to the. next level washington's preparing to open
5:02 am
up its highly secretive national security council to london as the two countries pledged to deal jointly with perceived security and foreign policy challenges but what cost to the rest of the world i don't think it will change foreign policy in any dramatic way now remember that britain already shares a huge amount of intelligence with the united states in fact britain's nuclear deterrent can actually nuclear missile on its own so in fact what is happening today is largely symbolic the special relationship phrase through three people we contested one. blair was in power and his relationship to bush was seen in britain to being much more one of approval rather than a partner and yes in a sense it will be sky's unpopular was. not everyone welcomes president obama's presence in the u.k. a range of groups are using it as an opportunity to demonstrate against what they
5:03 am
see as the anglo-saxon machine and islamist fringe organizations linked aggressive foreign policy led by the us and the u.k. supported variously by france and other nato allies with terror attacks there's a real taking place as we go subtle since the last of the two though he was alive but not supporting the dictators it was the countries. supporting the parts that was rolled. by those you know. the u.s. and u.k. have been involved in two major wars in the last ten years in both iraq and afghanistan america persuaded britain to come in with the reinforcing britain's reputation as the us is lap dog. but this time it's different in libya it's britain taking the lead in nato with the us keen to keep it rolled to a minimum the deepening of cooperation between the two is something this group of
5:04 am
demonstrators of a moment lee objects to these are the cars will be the starting committee to look at. the three major heroes the ten year those. of us who want peace in the world to see those street cars corporate involved closely affairs outside buckingham palace where obama is staying these protesters are trying to persuade him and pushes prime minister cameron to stop waging war in foreign lands so far it hasn't worked on cheese day obama and cameron we're united in their intention to increase pressure on colonel gadhafi in libya obama's visit and this demonstration come as nato escalates its involvement in the war in libya france's that able to deploy helicopters bringing the fighting closer to the grounds of the global war machine grumbles with the alliance of london and washington in the engine room and this new agreements to cool information and
5:05 am
resources may only add fuel to the fire your average r.t. . since the start of the campaign in libya the u.s. has taken a step back from the military action leaving its allies particularly the u.k. meyer they are in williams so the new york based foreign policy in focus think tank says america chose britain as the best servant and its for so obama can prepare for the next presidential elections. it seems to be a pattern of britain acting as the sort of the mercenaries for the united states i mean the u.s. is pulling out not because it's opposed to what nato is doing there it's to limit the domestic fallout for the obama presidency that's why it's pulling its forces out and also because i think why xli it realizes that it's standing in the middle east is bad and can only get worse with this continuing. it is one of the changing signs that as america gets weaker commercially
5:06 am
a military relatively speaking europe could exert itself a little more if it ever got its act together one of the reasons it can't get its act together is because of the sluggish relationship between the u.k. and the u.s. . in libya nato is keeping out its sort of bombardment of the capital tripoli launching its heaviest attack there since the start of the military intervention state t.v. says that multiple air strikes including colonel gadhafi compound killed nineteen people and injured one hundred fifty others meanwhile the u.s. has invited the rebels were exertional council to open a washington office marking a new step towards recognizing them as the country's national representatives. more stories to come for you this hour here on our t.v. and in about ten minutes time we travel to russia's republic of dagestan for rare coins. this path leads to man who has worked through three centuries
5:07 am
while studying his biography and is possible terms of the development of the country's history people come to visit and talk to him and his name about me and has agreed to share some of his secrets to a long life with us to. encourage us thousands of opposition supporters have protested against the government for four days straight there demanding an end to state sanctioned corruption and the resignation of president mikhail saakashvili who they accuse of abusing his position to maintain power or he surfs has the details from tbilisi. nancy government protesters continue in bed that the station's cooling the printing is back it is really just down the you can see the phrases something. that listening to told this is being held by nina if it is not a democratic means that united. the people's assembly now what we saw at the beginning of the case that's maybe we can with thousands of demonstrate is putting out some people calling it the silver revolution those of the older generation of
5:08 am
people felt that they were really struggling it was in the right there and later pensions and the opposition parties up fighting against what they call an undemocratic both or terry and sister now we still do not even come together now what they said was that they were planning for wednesday to be a day of rage but they vowed thousand president saakashvili that now what we see with the demonstration is this undercurrents of disorganization that when the opposition parties and certainly it back to the turnout and is not know yet whether the parties i again going to come together what we do know is that protesters have certainly things to knott's of being confused by the message that they sent in as he said that since it affected the turnout cannot these protests in to new ink ahead of the day of independence unpleasant a taping to the military parade that will be taking place on freedom square.
5:09 am
so for us reporting there well on our website we've got more on the developing situation in georgia the opposition claims protests there are building and for president saakashvili we've got pictures of how the georgian authorities answer the street down and of course latest updates follow us on our twitter page that's our score com. speaking before the u.s. congress the israeli pm benjamin netanyahu announced peace with palestine wasn't an
5:10 am
option unless israel keeps the occupied territories the address caused drawer of on palestinians who decry the speech as propaganda where the live lies and as our reports it's certain to add tension to get another battleground between the two sides. the israeli palestinian conflict has reached an unlikely new field of battle where there are no borders and no generals calling the shots there is an author. fact checking or a committee or something like that there is no chief editor or anything like that which is why we could pedia an online encyclopedia as one of the world's most popular websites with sixteen million entries open for anyone to edit re white or even raise the most popular of those pages the middle east there is an article i think practically. a palestinian village that was destroyed during the forty eight war and is really the independence war and there are i think articles about any
5:11 am
military operation that any side launched during the history of the conflict could both israelis and palestinians complain their side of the story is not properly covered propaganda is putting a label on israel and calling us apartheid state we fight they bring in the actual facts where israel is the most progressive democracy in the middle east and for that matter the only democracy in the middle east and that's why not to these initial council that represents the israeli settler movement has been organizing workshops to teach people how to post revise and even rewrite some of the most disputed pages on line this disagreement or on terminology such as the word occupation or history of what happened in certain conflicts even the names of certain cities and towns what we do is we monitor our various media outlets and when we see for example that a certain media calls israel an apartheid state then we send our people to engage
5:12 am
in discussion and to give the facts but the palestinians have less people to send in which is why the battlefield is not equal according to our. who heads the association of palestinian journalists he says he wishes he had the kind of cash the israelis have trained. it's a genius to brush up on the knowledge of we could later i think people should stick to the truth and not try to learn how to put their point of view in the wikipedia article i mean if you have sources to show them. but these were computer experts say it has nothing to do with training and everything to do with the truth i think people should stick to the truth and not try to learn how to put their point of view in the article i mean if you have sources just bring them on but in this war every bush of ammunition counts it's no secret that the revolutions sweeping the arab world found their support online hundreds of thousands of people signed up on a facebook page calling for a third palestinian uprising or into farda that page has since been closed down for
5:13 am
inciting violence but the fight online continues policy our team. the sky washington's intensified efforts to bring the palestinians and israelis to the negotiating table the two sides find themselves no closer to a resolution or to speak of values yes discuss what it might take to achieve the long awaited and all those peace grasshoppers coming your way later today. you have to understand palestinians see all of israel also as part of their patrimonial homeland and you nine hundred forty seven forty eight when israel was created palestinians were at least three quarters majority now when they recognize israel in its sixty seven borders they gave up seventy eight percent of what they regard as their country it is the mother of all compromises and i think to ignore that and to look at the occupied territories in isolation from the rest of mandatory problems silencio poor israel is being asked to give up this is very important
5:14 am
territory that so dear to us ignores what palestinians are already agreed to. the international monetary fund is currently searching for a new managing director following last week's resignation of dominic straus all over a sex scandal francis finance minister christine lagarde tops the list of contenders however the fastest growing economies in the world also as the brics countries are calling for a non european critics say their demand certainly has grounds. this is an important first step we may not see through this round we don't we wanted us to these coaches really organizing a successful coalition to block the western europe. in this round we're going
5:15 am
forward this could be a sign of things to come not just in terms of who nominate institutions after real decisions are often made elsewhere not by me but in the g seven finance ministers. in the actual post russia and brazil are hard truths they're suffered tremendously under i.m.f. past these children one thousand nine hundred ninety when they went through crises much like for the crises they do greece is going to do it and they eventually pulled out of the i.m.f. framework temporarily suffered tremendously but then both countries had a restoration of growth so these are countries that have actually repudiated voice of the international monetary fund and still their natural leaders for a movement against the last three years since the u.s.
5:16 am
financial meltdown nobody in the establishment or banking industry has to trial or even been going to school and investigative journalist to find out of this leaves the door open to a new crisis and watch the whole interview in the next hour. if you could literally describe the relationship between wall street and washington in one sentence really what would that it's completely commingled it's it's. it's a revolving door of interests where. people on wall street are either directly effect sponsoring the politicians in washington with campaign contributions and soft money and that sort of thing or else they are actually politicians wall street heavily sponsors both the republican and the democratic parties so automatically no matter who becomes the front running candidate for the presidency is going to be a creature of wall street look at barack obama who i personally admired her on during his campaign of two thousand and eight but if you look at his his record
5:17 am
goldman sachs was his number one private campaign contributor. when he was born in the world was a different place and that's not surprising when you consider it was the nineteenth century you know caution i went to meet the man who's staking claim to be the oldest person on the planet. the october revolution of the russian civil war of the birth and out of the soviet union even two world wars this man has seen them all because he claims to be one hundred twenty one years old. and of says he's the alders person living in russia and perhaps across the globe people controvert and talk to him under the name of the man who has agreed to share some of his secrets to a long life with us to. this point only humble surroundings miami and his
5:18 am
neighborhood has provided him with a lax air of life. by eve only what i raise myself i drink milk products vegetables from my garden all my life i was a former i worked a lot with buffaloes and horses hard work is good for you. well his body may not be asinine ball as it once was his soul remains strong and determined all his life his strictly followed all religious traditions he prays five times a day and does all the preparations himself. the official information that we could find about madame mia dates back to the nine hundred sixty s. when he moved to get a stand in these documents it is sad that he was born in eight hundred ninety and there's also a database about him and his family however the rest of the archive to prove his stuff and life was destroyed in a fire in the 1930's in change now where he was born recently the title the all
5:19 am
just a living person was awarded by the guinness book of records to a brazilian woman. who is one hundred fourteen years old but mohammed's family remains undeterred and wants to see him crowned with the title this is a full thought also not a creation to the guinness book of records. we all. really believe he truly deserves a record ninety nine percent of claims about people being one hundred fifteen or over are said to be fooled and documentable the guinness book of records applicants must have original proof of birth issued within twenty years of that truth and prove that the person alive today is the same person in their original suit to pick a date with the north he advocates official recognition when it comes to tracing your roots name will always stand proud of his family tree lighting the question
5:20 am
how are tea bags done i know some other stories making headlines around the world at least seven people have been killed thirty others injured after a car bomb tore through a new station distance nor the city of peshawar many people are believed to be buried in the ruins and took place just half a mile away from the u.s. consulate were a week earlier taliban militants detonated another car bomb targeting a u.s. convoy this is the latest attack in pakistan says the group about to avenge the killing of osama bin laden. a giant ash cloud from a volcanic eruption in iceland is continuing to disrupt air travel with airspace being closed down in northern germany more than seven hundred cancellations are expected in the country following saturday's eruption with hundreds of flights already ground it throughout europe last year ash from another a slightly less million stranded after european airspace was closed for
5:21 am
a week. rescue teams are continuing to pick through the rubble in the u.s. city of joplin after a series of devastating twisters pummeled it over the weekend at least one hundred twenty people were killed and seven hundred fifty others injured the storms the deadliest in the last sixty years have also destroyed thousands of buildings causing massive damage to the city's infrastructure border natives have already hit oklahoma and kansas with further storms expected. hundreds of somalis are falling ill while barrels of nuclear waste are frequently found on the shores of the country but who is dumping them there and who's making money from people's deaths watch our special report intamin it's time here on our team.
5:22 am
well now it's time to call it what's happening in the world of business with katrina helps. how a warm welcome to the business person with artsy russia's economic growth is excel writing propped up by strong commodities prices instead expects the economy to recover to its pre-crisis levels by the beginning of next year how about financial problems in the euro zone and concerns about rising debts in the us is leading to speculation of
5:23 am
a new global crisis on the way home our son chief investment officer at lombard oh dear oh dear bank joins me now thank you for taking the time to join us here at our seaport precisely what are the likely impacts of those current financial situations i think you can see the impacts from the scale of exposures of european banks to these countries if you look for example of french and german banks they have about three hundred billion dollars with exposure to portugal ireland and greece you had another three hundred twenty billion for spain and you've got over six hundred fifty billion dollars with exposure those are large sums of money and if this crisis persists and portugal ireland and greece as we would expect inevitably forced to default or restructure on their debt clearly that's going have a depressing impact on domestic activity you have a domestic pressing impact through banks less willing to supply credit and the confidence of it obviously is quite clear it's not sounding too positive really now where are the greeks not in the global economy threatening when you put it into a crisis we think the weak spot that comes after this release to plan it return has been able to finance itself in large deficits for
5:24 am
a very prolonged period of time the japanese debt to g.d.p. ratio is two hundred percent is beyond greek levels is beyond anything in europe and yet able to finance themselves that one percent the reason why they've been able to do that is because it has a huge surplus of domestic savings and domestic investors willing to fight it. as time goes by japanese domestic saving start to diminish and we think they're very close to the point where they'll be a structural deficit of domestic savings which point they start to rely on foreign . and foreigners are less willing i think to finance a japanese government of one percent in japanese domestic investors the japanese government. already spends one fifth of its revenue on debt service every one hundred basis points or one percent rise in the cost of capital to the japanese government means they have to divert roughly a quarter of their tax revenue to desist so you can clearly see that even interest rates and german levels would relieve the japanese government short of revenue to supply social security education or other factors so the increasing likelihood of a shortage of domestic savings in japan we think will trigger a crisis in japanese domestic defending so not good news for japan either really
5:25 am
now two thousand and eight showed the world economy needs to be more financially secure what steps have been taken to prevent another crisis when i think policymakers have been long running ten foot probably short on action at the time the crisis hit the banking systems in europe and the us were never short of capital there was never a short of capital they had debt in their capital structure they had deposits and they had equity and had the debt holders in a capital structure who were really largely responsible for mensing the crisis had they been forced to take the losses that they should have taken then really a lot of the problems could have been avoided but unfortunately what happens the policymakers decided to put taxpayers into the capital structure between equity holders and the bondholders so that all the losses that should have been taken by bondholders were taken by the taxpayer that situation seems to us hasn't really changed that materially is not clear yet that there is a process or a procedure for debt holders to be forced to take losses in the event of another crisis but that said obviously in the process of concentrating the banks after the
5:26 am
crisis we've made even bigger banks and if they were too big to fail previously they're probably even bigger and even more too big to fail now if you look at for example barclays its balance sheet exceeds u.k. g.d.p. you can organize a quarter the size of the u.s. economy these are vast financial institutions absolutely i mean not got good news sounds like it's coming our way with the russian economy seeming to be improving but what could change that situation i think the main vulnerability in russia is obviously inflation and with inflation running let's say nine percent and close to double that and your lies over the last six months. it is a policy tightening. to depress activity just at the time when the global economy is experiencing a slowdown in monetary policy time in china the us economy showing signs of a slowdown in the crisis in europe and we talked about an impact there on activity the risk is that monetary policy in japan russia trains probably more at this point in the cycle than would be necessary given what's happening its origin sleep well there's a lot to think about there not all good news over it thank you very much for your
5:27 am
time although it's a myth that was for myself chief economist long but only a bank now let's have a look at the markets. crude prices are continuing to edge lower as the u.s. dollar strengthens investors waiting on the results of the u.s. oil and energy products report expected later today. european stocks are slightly in the red on the heels of us an asian session of investor sentiment is also backed by concerns of a possible greek default and its potential impact on other debt laden your eurozone countries and here in moscow the markets have a race their early losses and currently trading in the black the r.t.s. is up almost a third of a percent and the my sex was again almost double that and here are the market moves on the my sixes are energy majors are struggling to migrate into green territory rosneft is floating around the waterline and local oil is correct gaining around point one percent about the banking sector is edging higher v t v has advanced almost one point two percent this hour. but that brings you up to date business
5:28 am
5:29 am
russian motors ready to move the company. we've got the future coverage. wealthy british style. sometimes. market finance scandals find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune into kinds a report on our feet in moscow oldies available in hotels court systems want to know a lowe's a hotel people come this it is congress photo east west number tell moscow sensa nova tell should image of air force general sky from some.
36 Views
Uploaded by TV Archive on