tv [untitled] June 15, 2011 9:00am-9:30am PDT
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i love the people who. want to speak. to you but. we report from the from police said thousands of protesters furious that harsher cutbacks can qualify for more international way also. pulls out from nature's european missile defense plan saying that it wants a bigger role in this project all details in just a couple of minutes. iraq confirms to russia its total renouncement of nuclear weapons at the summit they should leaders here join me for the details
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later in the program. the west bring the deadly air superiority to yemen u.s. drones allegedly kill schools of civilians as the u.k. readies helicopter. to send to the restive region. international news in comment live from our studios here in central moscow this is the. boiling point with police firing tear gas or crowds of angry protesters thousands of demonstrators are trying to block access to the parliament building where the government is discussing more cutbacks to secure further rescue loans for reports now from inside the clashes in athens. the clashes between the police on the protesters still going to be something else of the state you can head to take out a building fire in the crowd you can see the destruction of things all along the sides
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larry that was killed and they tell. people hey i was saying that he was going to go to the name of the place trying to find out that pilots still breaking out know if i see be not still i love the people on the street p.c. nice people just didn't like the gas masks and they really don't want anyone still that it's been said that the people who took the high heat for breaking the plate the people still moving back into the central state even though you can have a cigar still being setup by the place they turned out to take time to get the protests to start the budget there i guess about the economic situation has been happening that positive they want to stand with them we have been told the president time fired it till the end but you can tell happening haled cadmus like this very moment that is absolutely sales of the state the police call it the place to place a sense of pride to take out something that's all i can tell you is not
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a pleasant experience you absolutely cannot break up the numbers of people who could. really put. people in. the state with a side. that many people really not see selling. clothes it's a place of the might as well a thing. you can see right there the police need to take place once they get going to be enough to run to take up something that happened a lot of people that really tough incident. did you know the look at it set up really got the good times right now. well that was sarah firth reporting from the greek capital well there are plenty of
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ways to update yourself on what's happening there in athens you can head to twitter . under school with first hand details along with links to the latest analysis videos and pictures. one of the british m.e.p. nigel farrar she's a renowned euro skeptic let's hear what he has to say about banks benefiting from the system of bailouts at the moment and of course the situation there in greece mr ferrars thanks very much indeed for joining us live in brussels i've got a report here from the financial times in front of me saying that bank chiefs average pay in the u.s. and europe let thirty six percent last year to nine point seven million dollars and one banker is reportedly something like twenty one million dollars last year what do you make of the bankers cashing in on the economic crisis at the moment. well i'm all for people making money i mean making money is good but not a visit at the expense of everybody else and part of what we're seeing with an afternoon is we're seeing a country like greece becoming engulfed in
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a financial and democratic tragedy and i one of the reasons that everybody is so determined to keep greece in the euro is so that the banks don't have to take a serious hit on their faulty lending policies so there's something has gone seriously wrong with the banking system it's almost as if there's a whole other holy alliance of politicians and bankers versus ordinary people and i'm sure that's what the people on the streets of athens today feel like but the regulators are clearly failing on a why should these bankers be allowed to get away with this i mean surely a lot of that anger we're seeing increases directed to those sort of people we're talking about right now well look from alan greenspan through the united kingdom and most of western europe in the late one nine hundred ninety s. we tore up much of the banking regulation that we've had for the previous seventy years and traditional lending rate ceo's went out of the window when the whole thing went belly up in two thousand and eight the response from the european union
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and from other governments was we had to do whatever was necessary to prop up these banks and to keep them in business and we're now beginning i think to pay the price for that don't think the banking crisis is over i suspect but it's hardly begun and in many cases it might have been better to do what iceland did and to say look these bags go bust these people lose their jobs these people lose their money that's unfortunate but that's life and i suspect we're going to regret keeping the banks afloat and imprisoning countries like greece inside a currency union which they're just not suited you are an m.e.p. in brussels many people be saying to you look it's your responsibility you've got to protect the people's rights here why are you reading the riot act to these bankers. well i am for a that it is not just the bankers you know because it's the politicians in the first place that change the rules for the bankers and it's the politicians that are propping up the bankers and i have been trying with president valgrind poyet with
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president barroso with all the people that lead the you i have been trying now for four years in question after question and speech after speech i've been saying to them what is plan b. isn't it time we had missie the greece portugal arland are not suited to the euro zone isn't it better that we put that they come out they get their own currencies back they have a devaluation and then of course some of the banks have to take a hit but they won't hear of it here because as far as they're concerned in brussels the euro the economic and monetary union is a political project they see it as a stepping stone to the united states of europe and they're not prepared to admit they got it horribly wrong and for that frankly they couldn't care less if tens of millions of people across europe lose their jobs that doesn't matter to the european commission provided they can maintain the euro and keep propping up the banks and then that's where we are if they carry on living in what you'll probably
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describing as a fantasy land surely reality will it actually hit and will we possibly see a collapse of the eurozone the euro itself and presumably that's what you yourself want to see isn't it. look i don't think the euro's a good idea but i also do not want to see violence on the streets and people getting hurt and i don't want to see that you're a break up in a disorderly manner but frankly if they go on saying there is no plan b. if they go on trying to keep these countries trapped inside the euro but i'm afraid we are headed for a very sticky end indeed and in the financially what will bring this down in the end isn't just the greek economy or the portuguese or the irish in the end. going to bring this down is the european central bank itself an organization that all the member states have put money into and the point at which greece defaults and it's coming it could come with a couple of weeks in my opinion a point at which greece defaults you will see the european central bank itself
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effectively will be bust because they've used all this money buying up effectively their own bad debt and then when the hat goes round i just can't see countries like finland countries like the netherlands putting money in so we could be fairly close to the whole thing bustling but. if it does collapse in the way you're saying what happens i mean you were talking earlier and we've heard obviously that greece have talked about dropping the euro and then going back to its own the original currency but just how easy is that transition we've got can countries already in debt i mean is that really the answer to revert back to those old currencies again well the greek prime minister who just resigned as the cap and said there is no alternative to the austerity package and staying in the euro this sort of sado monetarism that he's trying to impose upon the greek people without the benefits of devaluation there is always a sieve and whilst i accept that the greek default and
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a return to the drachma would mean a very big substantial devaluation for greece and it would mean many of these banks taking serious hits and it would question the viability of the european central bank itself it is better sometimes in life to face up to the fact that you've done something that is wrong but is fundamentally out of kilter that the greek and german economies could never be together in an economic and military union and i do not think that we should put another hundred ten billion euros into bailing out greece a year after we did it the last time around all we're doing is pouring good money after bad it's time to face up to reality and take the hit why are you concerned you're a british an e.p. their britain isn't in the euro zone it's not really your. is it what it is because we help will we help with all the bailout so british taxpayers are are are involved with the portuguese bailout with the irish bailout and with a great bailout through our membership of the international monetary fund so
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whatever happens this does affect british people and as an m.e.p. you know i'm linking arms with politicians from other parts or other parties and countries who are saying the same thing let's get rid of this your own nonsense it was balance of fail he's now causing civil disorder on the streets of greece the level of which frankly is very worrying and very frightening and it's time for change are you concerned about the same sort of civil disorder perhaps occurring in britain. well i think this i think if you rob people of their democratic rights if you take away from them their ability to determine their future by by who they vote for and who becomes their prime minister and frankly that's happened in greece it doesn't matter whether pap and ryo or somebody else is the pm all the while they're trapped in the euro and taking orders from the european commission as to what we must tax and what they must spend i think if you take that away from people then the only alternative bear left with is civil disobedience is civil disorder it is
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deeply deeply worrying we need a good dose of democracy both in greece in britain and everywhere else and if we do that will prevent these things from her and just briefly do you think from what we're seeing there in europe your stance ukip the party obviously that wants to get britain out of europe do you think you're scoring more political support now on points during a month of what we're seeing at the moment how do you feel about your party your position and i mean there well can i draw a parallel and that is the true finns party led by cmos only has been a colleague of ours here in the european parliament they in the recent finnish general election went from four percent of the previous election to nineteen percent in the recent election they were only one of the half points away from winning the finnish general election politic it of no bailouts let's get out of the euro let's get our democracy back let's take back control of our lives i think the ukip for the true feelings for the freedom party in holland for many many of these
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political parties you are about to see substantial change nigel kharaj good to talk to you and to hear what you have to say thank you very much indeed for joining us live there from brussels. well coming up egypt's freedom to oppress the country's military rulers tower of the revolution that toppled president mubarak i mean allegations of. anger among citizens. that story still to come but first u.s. missile defense plans for europe has suffered a setback prague is now refusing to take part in the system czech officials say they're not happy with washington's offer as. reports. prague wants a bigger role in this project the project of the european missile defense shield we understand that the initial plan mensah that only a preventive missile detection system would have been placed in the czech republic while major other major components of the system like the raiders station or the
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missile anti-missile complexes in poland were meant to be placed in other countries like turkey romania it was an initial plan by the bush administration which was scrapped by the obama administration when he came to office in two thousand and nine the seriously irritated mosco with many claiming that this plan was directed against russia the plan the plan seemed to be much better seemed to be much more convenient for all sides in that but in the past several years we've seen lots of contradictions between the words in the actions and mosco is still pretty much unhappy about the way this project is being carried out saying that on many occasions washington does something without the consent so the initial plan of a united joint defense system in europe is not working out so far with the statements by president reagan saying that in fact there are no legal guarantees that this system would not be used against russia because the rogue states which this missile defense system should be protecting europe from do not have the missiles which the system is intended for those missiles only are in possession of
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russia so clearly all this makes great serious concerns in moscow and the war of words continuous we are waiting for some comments to come from washington certainly but experts are now trying to guess whether this turnaround but the fact that the czech republic wants to withdraw from this project is somehow related to moscow's continuous voice of discontent on that issue iran says it has no plans to possess a. key summit of asian countries. meeting with leaders which focused on tackling the raft of economic and security issues which. syria reports now from the summit. along be a meeting between russian president dmitry medvedev and iraq's mahmoud ahmadinejad it was a closed door meeting however afterwards foreign ministers and gay lover all did come out and said that iraq would have a digit it did confirm to president medvedev that iran is in total renouncement of plans to possess nuclear weapons so this is important because the nuclear powered
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nonproliferation has been a major topic here at the summit as well as the controversial nuclear program of iran and also i discussed at that meeting is the. plan of iran to get rid of the u.n. sanctions because the u.n. sanctions really is a privilege moving to be a hurdle even before membership into d.s.t.o. but aside from iraq's president get it also mansour with the leader of afghanistan and here they had discussed of course the a drug situation in the country which is threatening to security of russia as well as a potential business deals between the two countries big deals apparently because russia is a willing to contribute a lot to the rebuilding of the country to touch on a whole range of important issues that are happening in the world today as expected they had been a very vocal about the situation in north africa and the middle east and they have come up with an official statement which does reflect what they have been saying
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all along that the international. international involvement in those parts of the world really have to adhere to international law particularly in libya they're calling for the troops there if the colli for nato particular to adhere to the u.n. resolution one hundred seventy three of nine hundred seventy that had allowed for the a no fly zone over libya do not agree with further military involvement in such situations also a foreign minister lavrov had issued a separate statement on syria say got russia has not and will not change its position on the matter and that's where russia will be against. un resolution on the syria at the un security in the region that was at the top of the agenda of the persons of afghanistan here has been a very important it has brought a lot of issues to the table i've got a status here as a guest and they want to be observer to be a c.e.o. one of the key issues is the post nato future of the country that the s.d.o.
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members do believe that this ability to understand is essential to stability in the entire region and also of course topping that's agenda with regard to afghanistan is the situation of this is very important for russia and they have all acknowledged that they have to come up with a common strategy in dealing with this president of the head of reiterating again and again how important this is for russia let's hear what he had to say of the matter. afghanistan. which. is a country which impacts on the security of all states. has always been and i'm sure . a corporation. and also they have made a statement on the fact that a unilateral missile defense system is going to be a threat to international security by unilateral they need
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a decision made by one country or by one group at the last but not least india and pakistan have explicitly expressed their intent to become full members and it is hoped that by joining the c.e.o. this will ease the a rather tense relationship between the two countries. are reporting that iran is promising transparency and constructive interaction with the un's nuclear watchdog few days ago the news foreign policy chief called them to give evidence of its peaceful intentions exclusive interview for. the international atomic energy agency insisted the iran has nothing to prove. many allegations was raised by united say and i approved of that investigation taking samples and early to go there process that all these allegations are baseless in fact before coming to vienna i was in charge of escorting all these specters and i was with them in this military size that it was would prove that this allegation had no basis is every unfortunately
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after eight years the only pitting is boring the stories one thing is clear that we do not have any program for nuclear weapon and we are fully cooperating with as they said on three c. dented the most robust inspection in the history of board five thousand mandy's picture and have found no every day is of diversion of nuclear material purposes and the statement claimed by lady ocean with due respect i categorically reject. a lawful interview with iran's nuclear envoy to the un will be here on r.t. for in about ten minutes from now. the west is whaling into yemen's ongoing unrest with deadly force officials in the troubled country say u.s. drone strikes have killed over one hundred people including civilians in the past two weeks one of the u.k.'s preparing attack helicopters in commando squads for possible action there in yemen. has more on this from london. they are becoming more and more involved saying all the time we don't want to get any more involved
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in the conflict and you haven't any more involved in libya than we can help it any more involved in the middle east as a region as a whole apaches attack helicopters we've seen them in in general. in iraq and afghanistan and of course most recently in libya where involvement was seen as a marks escalation in the involvement of u.k. and french nato troops very low flying so the likelihood of casualties is much increased. presence there and it does look like an escalation of the involvement again as we said so many times by libya the legality of this is extremely clear we are seeing u.s. drone attacks increasing numbers of u.s. drone attacks in in yemen and the reasoning for that is. according to u.s. forces is taking advantage of what's going on that and moving into this power vacuum which is being created since residents are they left and went to saudi arabia for medical treatment moving into that helping activity taking advantage of
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general civil unrest to grab more support more territory the reason for the u.s. paying these drone attacks that's how it's justifying it but of course that works both ways interestingly the u.s. forces the military forces used to corporate with presence on top of the intelligence that kind of these kinds of territorial issues but now the u.s. can easily say that there's no authorities with whom to cooperate the government is essentially not in operation anymore so if they wanted to you one would have thought that they could just go ahead with where they like and of course we've now seeing president obama ok the use of cia drone so cia drones will have a much more user agreements much. selection of targets that they can they can stop and we've also heard reports from a deputy provincial governor in yemen saying that one hundred thirty people have been killed in drone attacks just in the last month and that many of them were. what appear to be innocent civilians and then of course the last thing is this
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secret cia base. is being built in the persian gulf region we're getting reports about all the time that is in case the yemeni government pulls. these drone attacks in the country they need a base with which from which to fly they are really very much more involved in terms of praise the u.s. and the u.k. . in london egypt strive for democracy it seems thousands of arrests media censorship and state of emergency since replacing president mubarak is not what egyptians were hoping for after the revolution but left hundreds maybe no wonder whether the process was worth. reports from karl right. now a speech. the eighteen day uprising that ousted president barack has woken up the hell nation this has become a common scene here and this to amnesty international estimates at least eight
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hundred forty people were killed and more than six thousand wounded during the protests that forced the tyrant to step down but even in a barrack free country the resume for fear and frustration. read his brother was among fifteen young men in the violent religious strife that hit cairo just weeks after the revolution egyptian christians and muslims clashed following reports that i am christian woman was kidnapped and held in a coptic church after she married a muslim and converted to islam but even then he was a christian cock tick it wasn't a muslim that's killed read his brother as a rebel and i'm a sniper shot my brother dead the bullet went through his forehead and it came out on the other side and i saw it no one here has a weapon like those only soldiers do it's hard to grasp what happened. rather blames the army for taking the life of his younger brother and the revolution from
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giving the army so much power. we expected the army to intervene to protect people just don't whine and say but instead they started to kill people themselves we didn't expect that all of that if the people of egypt didn't expect many things they didn't expect the economy to collapse they didn't imagine the path to a free and democratic society would be such a bloody and painful one they just wanted to free from dictatorship and didn't expect it all to find themselves under yet another one in military run power in egypt now since mubarak is out rest firmly in the hands of the military chiefs of staff. they were sitting literally in the pentagon war room when the twitter revolution started and they are running the show all there has been all displacement about military power but this is a washington installed as i call it in my book full spectrum dominance totalitarian
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democracy the people who stood on to here's where we do that and the regime that oppressed them for more than three decades was going on with our us how pharaoh as they call the dictator would soon finally face justice for what he's done but months on the revolutionary euphoria has gone as well and people are asking themselves was that's really worth the hundreds of victims and did they really get a better country in. egypt is at the crossroads if you go towards chaos or democracy the worst scenario would be of the army continues to rule and the country sinks into blood from a civil war it's up to the people to decide. the months since the free it shook the whole arab world it's clear the revolution may now be a part of history because fight is far from over the region ocean r.t. . temperance update for the moment to inform his title by the summary of our main news stories in the meantime business news is next with christina.
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welcome to our business both here and i say thanks for joining me russia is still struggling with a debilitating effects of the global economic crisis but expects its economy to fully recover by next year meanwhile prime minister putin says the country's already aiming for filling bigger plants. we've put forth an ambitious google for the next you can lead to make russia one of the five largest economies of the world and for g.d.p. per capita to increase this figure from nineteen point seven thousand dollars to move them food for instance you can't listen to do this we need to double productivity and in the known real material high tech sectors three or four fold. let's take a look at how the markets are performing all those near one hundred dollars per barrel as u.s. supplies for more than expected concerns about rising demand are supporting the price of the american petroleum institute report the decline in u.s.
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inventories for the last week limiting gains though is news that u.s. retail sales are not as bad as expected and u.s. stocks are falling as investors become increasingly concerned about the worsening debt crisis in greece both the dow jones and nasdaq are losing over a percent markets are also affected by a report on manufacturing in new york that came in well below forecasts suggesting more weakness in u.s. factory production. here are also markets closed in the red on wednesday with both king in the exists likely lower the r.t.s. last point three percent in my six was down less than a quarter of a result now let's have a look at some of the individual share moves energy majors will mostly lower. last more than a santa rosa never finished point nine percent in the bread electricity sector into raw was higher on reports about the company's possible cooperation with chinese. russian financial corp f.k.
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sistema has boosted its their profit by thirty percent to one hundred two million dollars in the first quarter of two thousand and eleven the company says the results reflected stronger income growth from its core assets and all operations sistema owns a wide range of companies including controlling stakes in russia and top model operator and company passionate. and so we thought that's all the time we have here in business hockey but on back with more in less than one hour so trying to.
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