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tv   [untitled]    June 6, 2011 11:00pm-11:30pm PDT

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the i.m.f. throws egypt a three billion dollar bailout but when but it's fear it will only line the pockets of former president mubarak's prodigies who continue to run the country. the gradual gamble america's college leavers find that just want to five will land a job leaving the rest struggled with good data and desperation. plus as an international group three prepares to blast off in a few hours we'll meet the man behind the latest mission into orbit.
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this is r.t. live from moscow ten am here on marina joshing international bankers have agreed to rescue the ailing egyptian economy for months after blacklisting former president mubarak's regime cairo was reeling from the revolution to topple the leader but the military that once propped up his rule is still running the country the reports on spears the cash will be swallowed up by the same players. as if the international monetary fund doesn't have enough on its plate it's agreed to loan three billion dollars to cairo a move critics say is absurd this is a bribe that the west is trying to give to the regime lest a new one lest it turns against the west but climbers insisting the money will help stabilize the country's finances especially now with mubarak on and the country going through a transitional period but observers say it's the same spend with only slightly different marketing these agreements are being made with additional transitional
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governments and least transitional governments have. become a primarily out of some figures of the old regime they compose primary it is from your regime for example samir wrote one the finance minister in egypt is renegotiating this law and was a mubarak appointee obama's promise in cairo a billion dollars more in loan guarantees and on top of that another billion in debt cancellation of french president nicolas sarkozy has committed the g eight to providing actually ten billion dollars in direct aid it's a commitment the west says it's making to help injections get back on its feet united states and the west are trying to reduce the damage caused by revolutions very are. considerable financial contributions. economy and the perfect ways through the i.m.f. which is heavily influenced by the united states for. many many years the
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i.m.f. has been considered as an warm of american foreign economic policies this regime. unstable. would could be considered there's a waste of money on something that is very shaky what's more it comes with particular strings attached and epa deal could in fact skull trouble. free. anybody league spared the worst trouble or. a country. disparity so big. british will recall a british regime. most egyptians fear is that the money will get used up long before it reaches the pockets believing it's likely to be only a small elite as well as international banks will benefit from the loans the last
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time the i.m.f. injected a large amount of money into egypt was twenty years ago but since then the number of egyptians living below just two dollars a day doubled in february this year the i.m.f. raised the mubarak regime to sound fiscal management in egypt as far as libya waned if the offer for the economy remains stable but just days later mubarak was ousted and tripoli was engulfed in anti gadhafi demonstrations so it's no surprise of many see the irony if rates a country the closer the country is to having a revolution highlighting just how wrong the organization can be policy r.t. tel aviv. well for more on the impact of the i.m.f. handouts and the strings they're trying to pull in countries economies had four key dot com plenty of analysis there for you can finance watchers tell us how using my yes medicine won't help you with the troubles gliding the people of egypt or tunisia the details on our website right now. the i'm asked
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attention a stretch to struggling economies around the world but also to troubles at home s. who will take over since former boss had to quit over a sex crime claims that everyone's happy that a european will be lined up as has always been the case a growing voices that someone from the brics countries of brazil russia india china and south africa should have a go the u.s. has a field economy but the eurozone has failed and the brics nations have been realizing for quite some time that a failing in will american british and other euro interests a war that the most of the poor global dictatorship that is extremely consequential implications and the entire international financial system you know then why should they be continuing to prop up the global recovery because if you go to the very bare bones of the global economy the groups are the backbone that's exactly what the i.m.f. is one big looming station but i think in the short run i think you may realize
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that some of their success some of their economic growth just to at least of the greek hinge upon you know western western interests because as we know there are some of the largest creditor nations in the world i think a venture me it's in their best interest to completely break the chains off of this situation and perhaps start their own i.m.f. type fund which better serves their interests but i think in the short run i think they simply can't do it things are just too fragile there. plenty more on the way including the american students going from diploma to the tell. me that really led to great sharper story great stuff you're seriously in the hole. qualified but with watched hope as america's rising unemployment rate believe students with massive loans and nothing to pay them off with plus. want to. know what it is you know they are going to show you by the way we track the final
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preflight reparations of three space program to learn what led them to become obsessed with getting into orbit. more international news we're covering the cell we're syria's interior minister straw missing a strong response after reports that one hundred twenty policemen were killed in a gun battle in the north of the country state t.v. reports the officers came under attack at a town near the turkish border while responding to residents calls for protection from armed groups government forces are trying to quell the months long protest against president asif rule which is left over twelve hundred people dead. u.s. secretary of state hillary clinton says yemen's government should use the absence of its president for a peaceful transition of power president saleh flew to saudi arabia for treatment after being wounded in a rocket attack on his palace u.s. officials say yes forty percent burns and suffering with a collapsed lung and durant ongoing protests to try and force the president to step
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down. loud explosions are being heard in the libyan capital steps up its airstrikes on colonel gadhafi military arsenals it's the latest of several rounds of intensified bombings since the alliance expanded its operations using attack helicopters a few days ago a russian special envoys due in libya on tuesday to hold talks with opposition leaders. parties there and we'll let you know what happens and report of the situation in the capital throughout the day. heavy flooding in southwest china has killed fourteen and for sixty thousand to flee to safety dozens of others are missing as torrents swept through swaths of farmland and several cities destroying groans and washing away bridges and vehicles flooding comes after china's worst drought in half a century. or america's recovery is still far on the horizon something not held by unemployment creeping back up to nine percent in may records mintz at its lowest
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for eight months and that's bad news for those completing college the summer records of the graduates of forked out for their future but faced getting a little back for the year investment. america is home to the world's most expensive and prestigious universities yet paying for them has created a nation where the majority sign on to lifetime payments of loans i probably had like sixty thousand dollars student. over like ninety thousand easy. yet i make you nervous yes that makes me terrified every american graduate is launching into a dwindling job market saddled with at least twenty four thousand dollars in student debt if they're going to lead a great job or start a great company are going to be seriously in the hole according to the economic policy institute the us economy currently has one job for every five applicants meanwhile business for bankruptcy attorney ninety littman is surging half of his
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clients are unemployed degree holders drowning in debt anyone going to college essentially is gambling once again from an investor's point of view right now the way the dollar is the way inflation is going and the way the job market is a college education just isn't a good investment and not a good return on your money even economics professors on the inside like richard wolfe say enslaving students to banks is a disaster for america's economic viability and future of any country in the world economy these days depends first and foremost on the quality and the quantity of. crane young workers and the major institutions that produce that and the colleges and universities you're pricing them out of being able to do that today i think for my no longer serves as a guaranteed passport to prosperity for america in the meantime the number of
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foreigners studying at u.s. colleges and universities has reached record highs according to the latest statistics nearly seven hundred thousand international students have flown in from all over the world to stay. ok there and the majority are transplanting from america's economic competitor according to the institute of international education chinese students studying in the states surged thirty percent in two thousand and nine most foreign families reportedly bypassed financially and pay full tuition since nine hundred seventy eight the cost of u.s. colleges and universities has reportedly increased more than nine hundred percent while household income rose just one hundred fifty percent what you're seeing is american universities particularly the elite are happier to have foreigners who tend to pay their own way because they come from the very top of those societies.
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will forgo the americans who can afford it much. anyway according to the pew research center fifty seven percent of americans say college is not worth the price but with a widening workforce of untrained and educated many wonder what the u.s. economy will eventually be worth bring up or deny artsy new york. to look at the ramifications of spiraling out of points in the u.s. let's cross to r.t.c. business desk now how do you create an hour for struggling americans this must feel like they're being kicked while they're already down well yes mary despite some recent signs of economic recovery that we're seeing sixty three percent of americans still feel not good or even bad about the state of the u.s. economy and that's a significant increase from like may two thousand and ten when only forty nine percent of americans felt this way rising fuel prices a shaky job market leading many of us worried about their future now as some
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analysts say the federal government must stop spending and grow the economy by five percent instead of two percent the latest monthly labor market data has shown that hiring in the u.s. slowed dramatically and i repeat that the majority of americans believe it will be about three years before their previous session lifestyles including recession spending returns. ok corrina thanks very much indeed for this looking forward to seeing you in the studio with the business update. and i worrying parallels being drawn between president obama's politics towards iran and those of george bush's moves in iraq award winning writer seymour hersh says has been following developments for years and next hour hour he tells our team why it can only lead to a dead end in fact he will be telling us this hour. the fear is based on the notion that you know that somehow iran has a bomb or is going to get a bomb so that's ridiculous because every bit of evidence they have it from their
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own intelligence community. the people who talk of the very go but no there's no weapons there and we've known that for years we've been looking for years after years after years we support the sanctions program that's designed to stop a polish friend is. aimed at stopping the iranians from doing something you know we know they're not doing for me and as i recall they analogy between what they're doing with bombers doing with iran is very close to what bush and dick cheney the vice president did to iraq that is they they wanted to punish they wanted to make a case against iraq they didn't like the politics. and so we made a case about nuclear weapons. testing and grandmothers a lot every dealing with some staff by raising his children through sargant mother but now she must prove herself in court.
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to serve public interest. these days there's nothing easier than opening a new media there is nothing. in case of corruption. community. one large corporation controlling the radio station television stations the cable. you told me that that sounds like democracy public opinion versus f.c.c. doesn't lose.
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what you are. the pain of losing a child is something no parent wants to bear now a russian woman is keeping her late songs like you see alive by using his prose and sergeant mothers but she's battling the courts and societies out of you to be recognized as a guardian of her for baby grandchildren are to succeed a boy who explains. it was only after fifty seven the samarra understood the true meaning of having her hands full an accomplished scientist a wife of three decades and also a devoted mother now of these roles kept her as busy as she is now her tragedy she became a grandmother only after she'd lost everything else. soon though the death of my
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son created a hole in my life that will never close but the birth of my grandchildren certainly provide some solace is god's gift to me the mar son died of cancer three years ago but before his first chemotherapy session doctors conserve his sperm but the help of surrogate mothers two sets of twins were brought into the world. the march husband left her her scientific career was put on hold yet lamar says they're all trifles compared to the bereavement brought about by her son's death. it's love which is five by grief but it's love nonetheless three years ago i couldn't imagine myself even smiling let alone laughing or singing songs for the little ones out of this abyss of despair. because a large family support lamar says she has no financial of parental concerns about raising her grandchildren the main problem now is the reluctance of the russian
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state to recognize her as the martyr of these children and her deceased son as their father. amar has taken the issue to court with the ruling expected and once the lord believes the law is in their side. according to russian law there are no limits on who can become a parent through the use of surrogate mother who of course cases like this one are still very unusual in russia and that's why some registration offices are courts officials may be confused and refuse to greatest her children a good lawyer. definitely in our favor. that maher is the third woman in russia who use the sperm of her deceased son to continue the family's lineage yet whether it is due to her age or the sheer number of children involved her story a good many russians questioning the affix of this kind of parenting. you would. exercise employment comics' ultimately lead to this very ambiguous situation we can
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really tell the difference between a son and grandson there are so many orphans in russia so she wanted to be a mother she could have easily realized her maternal instincts i think ultimately it's a very selfish drive to pass through genes no matter what. but lamar couldn't care less about societal attitudes too much suffering for the loss of her only son persuaded her that there is no such thing as too many grandchildren russian law has not age kept for people who are willing to adopt children the only cabinet is that a potential parent should be a police sixteen years older than the child in law muskies these age difference is almost sixty years it doesn't sit easily in a country where most people become parents before they turn thirty and raising even two kids is often been more than a handful for the boycott artsy. in a few hours three men will be propelled into orbit from
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a remote baikonur cosmodrome in castle stan a russian and american at a japanese astronaut have now completed their intense training are these lands in france has been finding out what drives them to the final frontier. well it's go time for the crew of expedition twenty eight to the international space station in the final days and hours leading to blastoff it's all come down to one thing for the team quarantine a home mark of any space program. welcome to the good of the year in the life of an astronaut or fourteen. your questions your chance to work out their chance to explain that. to great way to get ready to go fly in space. that's right. shooting pool or working out. and playing with their custom made space suits in a fight to retain muscle mass for the six months in zero gravity physical exercise
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occupies a surprising amount of time and it's difficult such hoshi foukara a doctor want to defy new advances in medicine using outer space vul called wanted to follow in his father alexander's footsteps as a cost man out but it was a secret for senior only found out by flipping through an applicant files. i saw a personal file with the name sergei volkov on it but it didn't even dawn on me until i flipped the cover page and saw his picture that's when i feel completely shocked and dumbfounded i genuinely never expected this to happen i feel very proud but you keep me to worry because i know the space travel is very dangerous and you i was worried whenever you saw a space trip. for mike fossum as an american boy growing up in texas watching the moon landing page his way to the stars and i remember you know watching that and just my mind just exploding it was some a few months later through the schools we had
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a program where you could buy very simple little paperback books and i got a book on the first moon landing and i remember sitting in my bed reading this book and i just just dreaming about it i was stronger. all the time when i got a pen and i wrote inside the cover of this book you know you know i've witnessed all of the things that took place in here and someday i too will reach to the stars at the time he never expected it would be cosmos the russian space agency would be helping to take in there with nasa about to wind up its space shuttle program last may offer the only way to space now for astronauts but for tourists it also offers one of the most expensive for date patients many of them have ever taken it costs thousands of dollars to view a launch in kazakstan but dozens have shown up to do it alexander preview an issue left russia from new jersey seventeen years ago wasn't going to miss out but look it's almost like a rocket safari just like. because the world you could see you were there so it's
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really cool experience back in court and seen the crews don't get to see their rocket yet they're separated from loved ones by collapse waiting just hours for the adventure to finally begin lindsey france r t baikonur cosmodrome as it's now. i recap our top stories is coming your way shortly after the business news with kareena. into business here in our t thanks for joining us this hour b.p. is taking steps to sell its fifty percent stake in russian venture a tank a b.p. to state a state run ross sniffed the move could help the british save its length or corporation deal with russia's largest oil producer and use kong's weak self the b.p. failed to buy out its russian partners who blocked the deal with ross snapped a tank a b.p. is unlikely to be enthusiastic about being owned by rival ross that while the sale
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could help prove its nationals it may also be a blow to the company's. economic policy making in the new russia is very similar to what it was in the old soviet union a study by a research group at the institute for economic policy says in both cases growing state expenses balanced by revenues but errors from business news europe magazine explains it's just just need to reform in the beginning united states through a big push where you spend heavily on infrastructure you get with congress turning you put some money in the system but then once you get this in the green shoots of . then the state needs to step back and business and that's not state spending that's about tax cuts and maybe some bureaucracy cutting it. rushes at the station or worse transitioning out of the states when he needs to manage a business that is not very good at it but the state that we still thinks in terms
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of the big push you know we'll just put more money in the economy. that will lead to it will be more information and more imports and we want to make. just cause or economic problems but is broadly seen as part of the merging brics countries together with presidential india china and south africa but it's growth is considerably slower that the blocs of the members on split nation analysts is that russia is fundamentally similar to european countries. the russian budget planes two billion dollars for every one dollar increase in the price of oil so this makes . it means we can subsidize things and that's why the problem is going up four point five percent when the maybe slightly open it's moving forward russia is not a china india it's the world's emerging market i call it the european bric it is a brick economy it's far more mature from phillips and it's the middle class bric
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fifty percent of middle class income families in east central europe total region find themselves in russia. let's take a look at the markets not all prices slightly lower as worries over the u.s. recovery on this board expects the expectations of winning some energy lights we're just trading at around ninety dollars a barrel brant is a role one hundred fourteen dollars per hour now in asian markets are trading mixed supported by a rebound for talking to electric power and games well to go to hong kong is coming up crowned after a three day weekend investors are catching up to losses inspired by weaker than expected numerous talks to the end of last week. here in moscow the r.t.s. has dropped point two percent in the presence of trading on the back of the record in the global markets to my six will stop trading in about ten minutes from. the.
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earthquake and tsunami forced a number of countries to reshape their nuclear plants the most far reaching is germany saying atomic energy by the end of twenty twenty two but rich from the world nucleus says the evidence goes against the just the search. in one nine hundred sixty there were three billion people in the world today there are nearly seven billion and we're moving rapidly toward nine billion by the middle of this century as we make that continued growth in the population world the economies like those of japan and india are catching up and we're going to see me seeing a tripling in world energy consumption over the next forty or fifty years at the very time when our climate scientists are telling us that we must curtail carbon emissions by eighty percent triple energy consumption reduce carbon by eighty percent how do you do that there's only one major expandable clean energy technology now available to countries and that's nuclear power and this is
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precisely the reasoning that hasn't because maintaining the commitment to nuclear power and all nations that are engaged in responsible rational debate about it in germany is the exception. you can have the full interview with talk like program they did today. that's all we have time for in this edition of our business bulletin but i'll be back with more. the.
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thing seems to be this is not a problem but warmed up. and should say everybody should support the trish crossin they have no idea about the hardships to face. plate one it's the says it is all of them to do the same. in the army the life of abuse the other is the most precious thing in the world.

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