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tv   [untitled]    June 29, 2011 10:01am-10:31am EDT

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in most good blue cheese available in hotels coolest i'm going to do know a little is a little toto keep a promise it is cool just photo east west never told goes into nova till schauder if we don't it will sky reticent to say a sloviansk gun in soldiers historical hotels of escape culture in the city so it's in the sky because most. men do as a good up until the stroke or less to try become the hutto.
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braid to romp on the streets of athens just minutes after the greek parliament approves more austerity cuts paving the way for billions more in e.u. bailout cash live pictures here from the greek capital. but syria's on ras threats to spread across the middle east israel is concerned that hezbollah is moving weapons to lebanon just in case president also is overthrown. and or friends in russia continue to struggle in adulthood a lack of government provided housing means some have to live in rundown homes with little help. from our studios in central moscow you're watching archie with me and he says now it's six pm here in the russian capital our top story this hour the greek
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government has voted in favor of a new round of austerity cuts to curing the next multibillion installment of cash from the e.u. and staving off a default but as you can see in live pictures here from athens furious protesters have reacted violently to the vote. with battles between police and demonstrators continuing just meters away from the part of the men there well scenes from our athens this afternoon resembled a war zone protesters fought with riot squads and made volleys of tear gas hundreds of thousands of people nationwide walked off their jobs for a two day strike against the austerity cuts they say drowning the country in debt at crippling interest rates has failed once and it all fell again for more on what that meant for greece then the e.u. we can now cross live to athens and we're joined by financial journalist. thank you for being with us mr coffin this we're seeing some very disturbing. you with us
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there we're seeing some very disturbing and you know i can imagine you know behind you we can see tear gas rising up here right in front of the part of the what is getting cut out i can't hear but you were saying there are disturbing images yet just describe to us what's going on behind you. i can't i'm sorry i can't hear you i can hear the audio cut out one more time to madness can you hear yeah i can hear i can i can hear you now i can hear you on your phone just just give us a picture of what's happening right behind you there on that central square yeah i mean right right now at this very second where you're getting is they've cleared out which is the street that's in the front part of. the constitution square and. those special police forces of basically tear gas the entire area they've been tear gassing all day you can hear right now going off but they just continue to tear gas the square itself and all around the surrounding areas they have police in the surrounding streets that just tear gas and continue to tear gas all day long spraying the area so that people can't come in from the top when i actually was
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coming in into a hotel for the interview i came about seven hundred meters away i was my eyes were already being to tear up so it's impossible to be outside without any any mask or any kind of my looks solution or anything like that and yet people are continuing in fact to protest as we speak. now the. parliament has approved these cuts what's next for greece as you see it are people going to continue to fight this. yeah i mean absolutely absolutely nothing has changed i think she is only getting worse and people are getting angry. one of the things that i've noticed now is that whereas before it was just anarchists and just provided tours and right now what you're seeing is yes the anarchist in the provoker tours but at night last night a lot of middle class people normal people men and women of any age group were outside protesting i'm not saying that they were specifically the ones throwing rocks but they were supporting it so this is not something that's just a fringe part of the society the entire side of the vast majority of people are against these measures so i don't see anything changing whatsoever. with that said
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tomorrow the part of the men is set to vote on how to implement the sale of state assets a sensitive issue of course among greeks as well as the tax hikes that vote a foregone conclusion do you think. i unless something dramatic happens here look the violence is so bad here that it's perfectly possible for someone to get seriously hurt or or something worse because they're throwing a massive amounts of rocks last night even the protesters were throwing rocks into the police into the special forces that were guarding the left enters the parliament we're having rocks thrown back at them so so there are people walking around and you would get hit in the head with one of these things and that could for me be the catalyst for something much greater if something like that happens then all bets are off but i'm saying my god what am i going to expect how do you think this can all end you say something bigger happening what exactly do you mean well i mean in greece greeks greeks are very defiant people and they're not going to stand for someone being killed in in in the constitution square or at these protests so if someone dies there's something very tragic occurs that's going to be a catalyst for i think
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a fall of this government there's no way this government can withstand that sort of violence i mean it's already escalating now and they seem to be completely indifferent to this reality so in my opinion if if something traumatic occurs and you can hear right now it's a big dramatic occurs then all bets are off if something doesn't occur by tomorrow then i would expect the vote to be a foregone conclusion. because this was the more important vote the next one just to enable the legislation to move forward in a faster more efficient fashion i just want to talk a little bit more about the financial side of this within five years greece will have paid more interest in fees than the sum of the bow combined how can the greek economy possibly grow under such stress what is the government telling the people. it can't possibly girl i ordered it telling the people that telling the people the same the same pack of lies that you'd expect anyone to tell in passing these measures what could you possibly expect. you can't you can expect in the truth i mean the government is under an extreme amount of pressure from the troika and they're also working for what other other other interest they're interested in but
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primarily they're under a great deal of pressure from the e.u. and the i.m.f. to pass these measures these are clearly unpopular measures by everyone in the society not just people in the public sector i've made that point before these austerity measures include privatizations that are liquidations of corporate and and and national wealth and resources they're collateralized bonds so. yeah i mean i don't i don't remember what exactly you want to drive at but i just like to follow up on that are you saying that greece has been sacrificed to maintain confidence in fact in the euro. i mean if you could call this confidence for a european currency i the euro hasn't hasn't really crashed as a result of these riots but it's a it's a catch twenty two with the euro because on the one hand you have. they're saying that if you monetize if you if you bail out more countries if you if you hurt the integrity of the euro as a monetary currency then you'll save it but at the same time if you do that you're
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not exactly putting faith in investors to hold euro so in my opinion the euro the euro is a flawed currency and i don't see how whether you bail out greece or you don't feel like greece is going to save the euro i gave you and you can see the euro as if yeah go ahead i just want to look back for a second while it was clear what that. state the government has made a point of ignoring public opinion as we can see on the streets now in athens what the protests hope to achieve i mean where did they think this is going to end. you know to be very honest with you i think my experience has been being at a number of these rallies both a day and a night and experiencing this violence first hand i would tell you that first and foremost there's just a rage there's an anger and that is what you're seeing manifest here there isn't necessarily a common a common sense or some sort of strategy that's that you're seeing implemented right now it's really a lot of rage you can see in the people here a lot of the people that are doing the violence right now are young people but behind the young people there's a middle class and there's even people across the street this is the society that
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are in support of. voting against these measures because these measures are seen as an affront to the greek nation which is what they are and we've seen this before and there's nothing new here it's not like greeks have to stretch back into deep history to figure this out we can look at latin american we can look at countries all over the world where the i.m.f. has come in and sacrificed and plundered the nation for corporate consolidation and that's what this is and the greek people are smart they're not stupid and they understand that right through and through coffin this live from athens financial journalist thank you very much for your input carried out there. well one of the main grievances held by the protesters is that they're being made to pay for the mistakes of others like me three mentioned there most of them believe they'll never see a penny of the bailout that will saddle generations with debt. on the streets of athens the voices of discontent growing louder. it's
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a war we did not create this story are going to pay for this we want to take our lives but it's grief continues to fight against economic ruin the second bailout. an attempt to prevent greece from defaulting on its previous leymah payments but the greek people won't be seeing a penny. of this buyout money actually comes into the greek economy it all goes out into the interest payments and repayments also battles on save the banks and prevent a large scale financial crisis for the people the price is simply too high they see their income going down they see taxis taxis taxis and nothing else their money does not go to very early quote i mean a year is struggling against harsher sterett he measures it when the government now faces an electorate opposed to another bailout they are going to get all this they . state i mean very proper and they are going to get
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almost everything. and live. off the good people they're going to get in this in this. first first apply the bailout would certainly come it's a high cost for the cuts in public spending raising taxes and an aggressive privatization program that would mean the sale of many quick public assets this is robbery this is theft this is attention on the streets of athens continues to mount violent scenes witness recently disturbing testimony just how far situations deteriorated 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 and it's almost as if there's a muzzle on the holy alarms. of politicians and bankers vs ordinary people it's a fight that the people say they're not prepared to lose sarah r.t.
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athens. but as a report later in the program the greek crisis will be top of the to do list for the new boss of the world's biggest lender by how the choice of finance minister as the head of the i.m.f. is already drawing criticism. and are to meet the astronaut who became famous for her orbital fluid performance while on a five month long expedition to the i assess. israel's military is on edge after intelligence reports of troop movements in syria and across the border in lebanon it's concerned hezbollah might be moving weapons to strike at the jewish state to divert attention from its ally syrian president bashar asad or just pause there takes a look now at how the situation in the region threatens to spill spin further out of control. things are quiet on the israel lebanon border but many suspect it's
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a lull before the storm everything hinges on what happens in neighboring syria and what hizbollah decides to do with its stockpiles there and the opposition group that might take over in syria. differently consider feasible lies and in the me is a spirit so forth hizbullah it's the mass of the most logical thing to do all to transfer the weapon they put in syria. including to to to to lebanon for years has been found an ally in syrian president bashar assad and so it's no surprise they want him to stay in power but if he goes and those who pressurising him to do so would do well to remember this the regional impact could be terrifying syria are like libya is part of an alliance and that alliance is very wide it big. in iran some elements in iraq's government are part of a syrian regime hezbollah in lebanon and hamas in gaza western intelligence reports
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suggest hezbollah has already started moving some of its advanced weaponry from its warehouses in syria to its forces in lebanon for fear that assad will be toppled but getting rid of him is one thing dealing with the consequences quite another situation in syria very volatile dangerous collapse the syrian government could gender group. and israelis fear a new war in the region even if the syrian regime stays tell of a reported he sent a message to president assad warning him that if he starts a war with israel in order to divert attention from domestic problems israel would target him personally but such a war would also play into the hands of his but as far as we know hizbullah has now accommodated around forty five thousand missiles of various ranges there is one of the part of them that in fact the range goes beyond three hundred and three hundred
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fifty kilometers which according to them at least they can reach the whole of the as well in the south of the country which is something israelis know these missiles originated in syria they found their way to lebanon and then they were fired by hizbollah onto the three state back in two thousand and six this museum was set up about a decade ago so that the i.d.f. could display weapons ammunition and items that are captured from israel's enemies on the ground and almost ominous threat the lebanese palestinian and his bill of flags flying on the israeli border the message is clear here no country is immune to what happens to its neighbor and it won't take much to do in the region's precarious peace into all out war policy r.t. israel. another problem facing israel is how to deal with the latest aid flotilla bound for blockade of gaza or just peter the bell and his gas debate the true nature of the mission as well as the state of israeli palestinian relations the
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full show is coming up next hour here's a preview of what is gaza really it is a giant prison for one point six million people eighty percent of them refugees from towns and villages destroyed towns and villages the in what is now israel and israel wants nothing to do with them for one reason only and that's because the jews that's the fundamentally racist nature of this blockade is completely falsifying the fact that israel has continuously offered the palestinians in negotiations a palestinian state built and establish land in the gaza strip and the west bank with continuity in a way of connecting those two parts with you but is this israel is already very close to three parts and knowing what they are by is there are twenty percent of the arrow donations to israeli citizens throughout the show going to israel who is there isn't going to. say that if. anything.
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the international monetary fund has got itself a new leader in french finance minister christine lagarde she won with the overwhelming backing of the e.u. the u.s. russia and china but skeptics say another european boss means some countries will be favored over others. christine lagarde appointment keeps a european at the head of the world's top lender keeping the long held tradition intact and it a debt crisis having one of its own chairing the international monetary fund could be more important than ever for europe saying that. intimate knowledge of those mechanisms. of the european community and the eurozone of its many leaders can help the guards main competitor was augustine carstens from mexico who argued
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her point mind would only add to the perception of i.m.f. by its there could be some conflict of interest i mean they know their main borel's institution would be europe so we'll have a situation where they will roll or stormin eighteen to create thirty institutional emerging economies the engine of global growth in recent years are vastly under represented in the organization with the u.s. and europe holding half of the votes and veto power and always suggest i am have bias has had a negative effect on the world's economy and they would use their monopoly over. to force certain policies. on countries in policies there were not in their actual interest the i.m.f. lends money monitors the global economy and in theory at least prevents crises its
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credibility has been shattered by the financial collapse in the advanced economies which it definitely did not spot they missed the too big it big years as a bubbles in the history of the world i think they didn't want to go against all their friends on wall street and others there were making a fortune at the time some experts see the intimacy between the i.m.f. and u.s. corporations as a matter of concern all of the big decisions at the i.m.f. are made by the us treasury department then you had of the i.m.f. is more than familiar with the u.s. corporate world for years she worked at a major american law firm representing the interests of big business and is a member of the u.s. poland defense industry working group divest the interests of aviation giants like boeing and lockheed martin helping them to seal multi-billion dollar deals the u.s. and europe. found christine legarde the best fit for the job still did several emerging markets including russia and china but she faces the difficult task of
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appearing independent despite her past lies and will struggle not to cement even further the perception that the i.m.f. exists only for the benefit of its creditors i'm going to check our reporting from washington our to do. well on our website our team dot com you can have your say on what the appointment of christine legarde will bring let's take a look at how you've been voting so far the majority of you think that the new i.m.f. chief will be a puppet controlled by the interest of global corporate interests fall for the view that the organization will be exploiting a common means and deepening the crisis others are split over two options either the move will help change the world's financial system or set a new independent course for the i.m.f. get involved by logging on to our dot com and let us know what you think. the group that returned from the international space station last month have been holding their traditional meeting at russia star city outside moscow are just on bart and
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went along as well to meet up with flight engineer cady coleman who became famous for a somewhat unique performance on the station. for six months now with the experiments you've been playing your flew to green living and working up. you know back here on earth we just wanted to ask you about some of the every day things that you have to cope with up so i actually brought flutes from anderson jethro tull and also from the band the chieftains had a two hundred year old irishman and also a ten whistle and then the and then once you get up there you want to share this and mr anderson came up with this a way to play a duet together it's been very popular across the world we'll just have a quick listen to work to that recording duet.
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tell us a bit more about how you sorted out just the everyday things that we have to try and sort of say the biggest inconvenience of not having gravity is that everything floats and i can be nice i mean i can move a thousand pound rock up. by myself and push it across the space station and put it in the new place and it floating around part it's not floating it's flying and somebody like me that was never the gymnastic queen you know high school can do all of those things and more and it's just really wonderful to fly. we get more news stories and features on our web page our to dot com has the latest interviews and analysis here's what's lined up for you right now at our dot com director michael apted known for his work in the chronicles of narnia and a bomb blockbuster meets r.t. to discuss what makes a good movie. and the only crew member to survive a plane crash that killed forty seven people in northwest russia last week explains
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how she made it out alive. russian orphans face a tough childhood but being an adult is often even worse the government legally has to provide housing for anyone leaving care just peter all over now reports that often doesn't happen. dank dark and dilapidated this flop looks more like a prime candidate for demolition than a family home but twenty two year old mother of two lena has been told by social services that she's stuck here. perhaps they haven't seen this place inside they keep telling us true parents him how to live here they showed me a paper on how to build a house i told them that i had no funds i have no job i have to take care of kids and i ended up renting a place they said it's the top problem lena grew up in an orphanage in the city of to be on the russian law she should have received state housing once she left the
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institution this flat was given to lena's mother by the state and despite having no money she's been told to fix it up but there's a tradition of absolutely desperate they didn't give me work because i don't have a profession for them i don't exist perhaps hanging myself would be the best thing to do. without even the most basic of a mean ities there's no way that lena family can leave here however here is exactly where this orator told her that she should bring up the children lena's case isn't unusual those who work with oftens in russia say that it's when they leave the care homes that they need the most help the problem is orphans are killed are of smaller you know when they're little and everybody loves to help their small presents that . whereas in actual fact they've got bigger than me but they get bigger and that's really where we need to be standing beside them housing is one of
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those big in need for all things leaving care it's also in short supply and the idea that if we made certain calculations for one region and found out that if a child is number ten thousand in the queue for housing it would take them some three and a half thousand years to actually get a flat open. how can they live like this they're not pharaohs you know we can't bring them back from the dead and give them an apartment what you're currently only administrative penalties can be imposed on anyone standing in the way of those leaving care getting housing alexander gives a lot of a form often him self as a campaigner for orphans rights he wants to see the courts more involved he will have the key my father and we need to change the law in a way to make sure that someone can be held responsible in court in this case the orphanage this will make sure that there is no way a graduating orphan would have to go and live in a rundown home and. the change in the law might help people in the future but lina
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needs to find a solution right now. i ask them why all the mothers are given homes to raise their children why can't i have that is it because i don't know the laws or because i'm not allowed to live because it's had been for me to have family some people are trying to help me but her father efforts have been in vain. peter all of r.t. to very cheap. the latest business news is coming our way here on our team with dimitri stay with us. welcome to business see the u. rivalry of two russian stock exchanges. have put the final seal of approval on a big part of government efforts to improve russia's financial infrastructure and start transforming moscow into a global financial center but in the course of what has the details. signed sealed and delivered to our now one and itself the beginning of
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a bright new feature for russian markets the deal means the end of fifteen years of better competition between the r.t.s. and my sense we can actually get through it. all just market with the market in. the places which are the sure. the idea is to make mosco more attractive to investors to boost liquidity on the market and create a solid centralized and get the five infrastructure which will attract more foreigners. so it's going to be a technically reliable platform which will make it easier for investors to access the merge bourse will have more influence over making decisions making the market more comfortable for international investors. but critics say that one exchange could lead someone locally which could affect the cost of doing business in russia they say that less competition could mean less and that they should at the same time other experts say that this could go a long way in helping the government in the stagnation moscow as
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a global financial center while the bourse which doesn't have a name yet is expected to be up and running by the end of this year and i.p.o. is planned for twenty thirteen worth about one billion dollars. a year russian markets are performing right now. gaining almost one percent my sex one third of a percent if we look at the docks. specifically energy majors among the main games as will rebound from a four month low. point six percent nacho is seeing a lot of selling the stock is at its lowest in more than a month and that's despite the company almost more drupal in its net profit in the first quarter of the year reaching three hundred nine million dollars banking stocks are also advancing with the need to be up four percent one of the biggest gains. european markets are rallying following greece's approval for stairs the
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measures banking shares opposed strong gains with commerce bank up over three percent in german trading one of the top gainers on the dax barclay's is also gaining more than three percent on the footsie as. miners like to forget stuff. russian president dmitry medvedev has outlined budget guidelines for the next two years top of the list is increasing the tax burden on the gas industry that will go partly towards reducing a shortfall from a lower social tax the selling of state assets and revenues from oil and gas will also be used to make up the deficit present it supported increasing alcohol and tobacco excise as the government wants to lessen the negative social impacts of their consumption headlines are next on r.t. with an isa to stay with us.

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