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tv   [untitled]    June 30, 2011 3:00am-3:30am EDT

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jumps to. the job she lives on the. video on demand she's my old cars. and streets now in the palm of your. wishes on the job calm. thousands rage on the streets of greece as part of the votes for higher taxes and yet more job cuts claiming it's the only way to pull the country out of its financial quagmire. the more strikes hit another part of the e.u. the u.k. braces itself three quarters of a million teachers and civil servants voicing their anger against the government's massive cutbacks. plus we look at whether the new head of the pentagon and the war stuff that most of the outgoing secretary of defense robert gates. are business does russian equity market opened higher with energy and banking stocks among the
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main gate as germany for details and markets take in about forty minutes from now. on their online twenty four hours a day welcome to what brits has erupted into more civil unrest with thousands of angry protesters flooding the streets south of parliament's gave the green darts to tough new cuts and wanted to secure a further financial lifeline from the e.u. european officials welcomed the move but greeks could have been less happy with the paintings there to think gathered in the center of our friends on the second day of the general strike if this is true so there is a police stash the windows and separate according to police responded with tear gas and stun grenades clashes continue overnight with dozens of policemen testes were injured many of them. states with the taint weeks now face twenty eight they leave
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you with cuts. and conditions in a sense least the money we sweep the whole time it's no one week's financial. mess since governments addresses the needs of people like revolution it's times i think a lot of these protests and a lot of these rallies are usually the things down after they get very violent or at least when we head into the night time there's a there's a brief period where things calm down before an interesting thing is some some bikers who actually rode down yesterday from northern greece and more and more people got on the on the bandwagon as they came down they rode by again in front of parliament once again people get very excited when they come through it's very hopeful so it's i think there's a mix there's a mixture of excited and hope because of the the response but also there's a there's a concern and a fear because there's a lot of violence and and that's a concern not only for the protesters obviously who have been injured but also for the government because with these with this type of violence it becomes
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a much more difficult for them to cause i started measures and privatization schemes that are widely unpopular in this country or to others here resort constitutional scholars and former members of the government they claim that the measure completely unconstitutional the first place because you need one hundred eighty members of parliament to pass a sort of legislation first of all second of all they can pass whatever they like but if the people don't agree to it and the people are not willing to sit down and take it it doesn't really matter what they pass and that's what we're seeing here right now what you're looking to have happen is you're you're going to see a fall discovered at some point have said if things really of the violence is a really big issue because if if the violence if this results in casualties not just massive injuries then that's going to that's going to lead to a collapse of this government will that mean that the next government will come in and actually do something productive maybe maybe not but then the government have to fall to i don't see the people in this country lying down people are very angry here and they're very upset and they understand what's going on and understand these measures are not going to help them and their future there are a lot of educated people this country a lot of capable people people living. outside of greece who want to come back to
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this country because they love it and they're not about to see it get liquidated first some for some morsel of bread and some islands in the aegean that might have natural gas underneath that's not going to happen. agree canopies a set to hold another vote place on thursday decide how the cuts are going to be implemented what is greeks cry out against the toughest thirty misha's since the germans were going to bear the brunt of rain out here because this is the greek whiskey packaged as a result of eve fear of contagion credits and risk. we have a bail out probation and we're in treaty article one hundred twenty five which expresses says that we have in monterrey union i'm wondering you know without collective financial or fiscal solidarity there's only so in every case of natural catastrophes like earthquakes the greek crisis in order to create it's a governance problem it's generated by police and it's greece's responsibility so
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as a matter of fact as people believe the greek crisis and create a contagion to other more you know economies politicians are afraid people who are afraid take very very unreasonable decision of the first decision was to allow greece to have a very generous credit last year credit to a sovereign country means as long as the sovereign country hasn't been imposed has not paid take the credit or people have been creditors will remain at risk so we are in a very very dangerous phase of european monetary policy. institutional policy because we have stayed away straight away from the far institutional norm diversity which is laid down in the treaty and overnight again on the ninth and tenth of may under french influence of the european economic your community and integrity of the european monetary union has been redesigned without any very good by the
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populations who have consented to giving up the money amongst those germans and their will and very bitterly i think. marcus occur but there are two in the greek bailout is actually outside egypt stiction. though it's not only greece that seeing massive civil unrest in the u.k. around three quarters of a million public sector workers said to protest against government is to change their pensions and freeze pay many schools will be closed during transport is likely to meet some really affected his workers and bark when they strike ati's reports. down tools up with industrial action and autumn of discontent starts here as the u.k. braces for a wave of strikes not seen a decades this time it's three quarters of a million public sector workers walking out unhappy with the planned reform of their pensions which they say will see them paying a lot more and getting a lot less we don't think it should be wasted votes in the functions we think if
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one deserves to have security written on and it took about withdrawing from the pension scheme because they can't afford to pay the mortgage at the same time as paying for the connections and people are really angry that time and bank isn't making a complaint says yeah ok we're being asked to take a pension in uk asians to pay more for pensions relatives we've got support the rest which is that these people do a huge variety of key work from teachers and lecturers to air traffic controllers and coast guards unisons the u.k.'s biggest public sector trade union deputy chief paul babbly says his one point three million members already for prolonged industrial action we're almost at war fourteen we've caught thirty million planes set aside and week or a strategy work but i must strangers that's not what we want to do we want to talk to the government and negotiate a sensible package and nor the ridiculous package of their proposal at the moment
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that package involves raising the retirement age from sixty to sixty six raising pension contributions by workers and having payouts based on average career earnings rather than final thousand the unions admit public support is fundamental to having a successful strike action the government's very unlikely to change its mind about reforms if the public at large doesn't back the unions but that's by no means assured public sector workers do already get very generous pensions in the. the cost of those pensions is very much under the carpet and the burden falls on for the next generation it really is absolutely essential that public sector pensions reformed and even after they are reformed public sector workers will get far better pensions and most private sector workers the unions want to apply enough pressure to force the government to change its mind and it's no stranger to huge turns it
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was hell bent on reforming the health service too until it decided to take longer to think about it causing friction in the coalition the government's doing this to reduce the current fifty billion dollar pension bill but it may be cutting off its nose to spite its faced the wider issue here according to the u.k. pension you can get a lot of me if public sector work if no don't think that what while they may get stuck if you think that if that was your wife right with pension funds would collapse and that would leave you k. p.l.o. the very shores of investment just what it needs it more than ever the unions will be fretting that but is the government lists named lorette hearty love that. well the scale of the walkouts in the u.k. hasn't been seen for decades later we hear from british trade union locks walk up and says if the government fails to take notice this time it will return to protest an even greater numbers. having three quarters of
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a million people from four different unions on strike something to have this hasn't happened in this country for decades it's the start not the finish our message to the government is if they try to ignore we come back in the autumn we may well see millions of people on strike so the idea is to build pressure so the government realize the working people the length and breadth of the u.k. i'm not just going to let them get away with what they're doing and we believe that pressure ultimately come forced them to change direction saying you want to go see just when they are in a chart with a few people in a room is one thing saying you want to go see it when there could be millions of people. the construction is entirely another we actually believe that the six million trade unionists plus the thousands and thousands or hundreds of thousands of pensioners and students all becoming a joint campaign is going to be politically very powerful and already seen in the march of one hundred or five hundred thousand people three months ago transform the political mood in this country full of remarks can be our river walk or strikes
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actually do. i think watch the full interview with the british trade union the that works worker in just over an hour's time gati. but coming your way shortly tensions are still high over the only way to change in egypt little yet again is all in point the stars of protesters accusing the interim government over the uk of action deaths one least during the recent. current history repeating itself and find out about the hardships of people forcibly displaced there was nothing to get back to when they to plant. for almost five years has been the ballot the help of a u.s. military response before billions of dollars in the for the pentagon's kompas in washington now that secretary of defense robert gates is retiring even behind three
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wars an ever growing defense budget director of the cia stephanie to his shoes critics doubt they'll be much change in the president's course on the kitchen counter. whoever's in the white house in the pentagon it's business as usual robert gates was secretary of defense to two different presidents obama was elected on a promise to end the wars of his predecessor george w. bush but america's worse continued and one more was even added to the plate of the inconclusive campaign levy when ministrations change or change between parties there really isn't a great deal of training in the pentagon under robert gates his watch america's annual defense spending approach the trillion dollars rising at the pace of about five percent a year but statements from his office were often contradictory fan spending that nearly doubled the base budget over the last decade the gusher has been turned off
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and will stay off the u.s. is supposed to leave iraq by the end of the year but it seems that bad line is not final he gives all kinds of contradictory statements for instance not long ago he said that anyone who advise is for us a land army in the middle of an aging conflict should have his head examined yet at the same time. he's done everything you can he's flown over several times to baghdad to leave with nouri al maliki government to please please u.s. soldiers day after the deadline at the end of this year the pentagon says they expect the iraqi government will ask them to stay beyond their scheduled december thirty first departure date but with the announced troop withdrawals from iraq and afghanistan the u.s. started actively waging a different kind of warfare what they call and intelligent war one that's waged
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with drones without sacrificing the lives of their soldiers in countries like pakistan yemen and libya and. many say that's the major shift that happened in military operations under robert gates a shift that some say can only lead to more destruction of. the united states has increased the intensity of the focus on the students and you drone strikes those are not the only vehicles while targeting carries the u.s. has been criticised for killing mostly civilians it's also making us less secure from a policy standpoint we can intervene over the world it just fuels insurgency needs and fuels and i am american and always say the deaths of thousands of civilians in afghanistan are part of the reason why the u.s. has fielded curbing insurgency there now the u.s. is preparing to pull out
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a third of its troops by the end of next year many afghans fear that less troops doesn't mean less bombs dropped on their homes as the u.s. that stop aerial strikes in the region but possibility of waging a war without having to justify their deaths so the american proposals become more palatable for the pentagon the cia has been at the forefront of america's undeclared wars and with a new secretary of defense leon panetta who was the head of the cia that trend is on my plate can change i'm going to shut down reporting from washington our team. egypt's interim leadership and spacing the strain with renewed violence on the streets officials have ordered the probe into clashes in cairo and said left more than a thousand people injured during two days of protests police moved to a gas dispersed and straight to his post offices a stone's throw from the forms of the rest of the slow pace of constitution scenery
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and shoes and these officers accused of boots had a teaching of less rights than agree to the souls that according to his station conforms to knowledge of the reports that. and the best of us says i'm frustrated that the change. the regime is doing in place and the political parties and the political forces who articulating for the next elections they don't care about this they are just well again i think to grab political power later on and do it young generation the connected deal employed young intellectuals of egypt now they're back in the streets again because they see that essentially nothing has changed these people who committed these atrocities in fact against civilians especially in february. are still at large and. i would say it's a fair bet that they won't be going to trial for the next few months because most
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of the people who are actually protecting them still there at the ministry of interior the problem here is these new forces in egypt the young intellectuals the unemployed the contractor the first generation it's really duration they still don't have the political participation organized as well the fact is that the loose the brotherhood is already very well organized even do a progressive streak of the muslim brotherhood is splintering and forming their own political party because this is a younger muslim brotherhood people think that the old generation is too conservative and that's absolutely true. if you missed something we've been covering you know with spying on like come on years and years of their futures. mania. privacy by taking place but it seems that airports down is a health risk is new. information. and
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a very unlikely friendship. for folks has the. dinner. sometimes i know that in the end something. is easy to get. down the official ulti obligation your only phone or i pod touch from the shops to . the geology life on the go.
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video on demand all keys my old girls and streets now in the palm of your home. on the call she told com out of some other international stories of grief the sorrow that is why it has the day next week's major summits across america and caribbean leaders as we watch others who are still recovering from surgery in cuba who comes off the state television show the fifty six year old talking to her struck deep in speculation at this graph chavez will also miss must celebrations marking the two hundred year anniversary venezuela's independence from spain a moment and if you like what it was the internet was rushed into the ocean city in the sense that something from the public starts. the african union has condemned france for supplying weapons to the rebels and chief said the move threatens to put the entire region at risk instead of drugs from canada first they said countries
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that openly admit to only trouble for instance the strident talk will turn gadhafi straight from one of their own to meet a total guinea of h one thursday for a summit in libya is expected to be. religion. the first tropical storm or the logically open season is what lots of mudslides to mexico and from the gulf coast a state of oil companies watching the situation into all of the evacuation of all of this or maybe rains have already been forming and forecasters say really parts of the country could be swamped central gulf coast region is still recovering just loving last year. almost seventy years ago the toy and the nation of people were displaced from their homeland four hundred thousand were scattered around the globe and even today are still not made to feel welcome in the culture of their own sisters ati's picks up the story. as it turns out this colorful ad which aired across the world was an inviting everyone and in time
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people can make their way back to georgia the land of their ancestors we heard them say we want to scum back to our lands and it's hard to georgia that's what we've been fighting for and dreaming about for many years there are some four hundred thousand people with this dream spread across the globe there have been left with no homeland mishaps and heard so often described as the twice deported people they were forcibly displaced first from georgia and then from was that this town and after almost seventy years of their illness existence their only hold now is that one day they will be able to return to their native lands it was the stolen regime which did ported over ninety thousand miss houghton turks to central asia in nine hundred forty four but they had to flee again after a violent ethnic was in is that is done in nine hundred eighty nine most of them now live in azerbaijan in turkey as well as russia and the united states george are
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finally adopted a repatriation bill under pressure from the european council in two thousand and seven but even four years on the law doesn't appear to have changed. anything. you know george isn't the richest or the most stable of countries that's the first thing secondly they seem to realize they're not welcome here to come to an entirely new country to go into the unknown not everyone is capable of that group of the law came into power but it was surrounded by so many bureaucratic barriers we had to collect so many documents and make coming back almost impossible the chairman of the world again he's asian of this hasn't turks saleman but about cancer has traveled to georgia repeated lee in the fight to make that we contribution a lot more factious but last year saleman was arrested in georgia and imprisoned for eleven years he was accused of forging documents and fraud but his supporters say the charges were trumped up. there is no proof that he's guilty i'm sure he was
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arrested for question go on national stick reasons we can't do anything to help him for now most of his hat in turks continued to live the lives scattered far from where they consider home and in distant lands their hopes of return still seem equally remote might in a question artsy reporting from the north caucasus. but next on the business news with korea. her welcome to business thanks for joining me russia's gas giant gazprom as holding its annual general meeting the company has announced it increase its investment program to a record level artie's nine of course are ahead. we're expecting to hear about a record breaking dividends castro is planning to get out of the four rubles pushchair which is a sixty one percent increase from two thousand and nine and if it is approved castro says it will be the biggest amount of money ever given any corporate history
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also there will be change in the rules as to how and when that money will be dispersed shareholders can expect to receive their dividends up to sixty days from the day the decision is made and it will be dispersed simultaneously to all of them now twenty time results for gas from more positive their cells revenue went up twenty six percent and their debt was historically low for the company and now they're looking ahead they're planning to increase their spending to accommodate higher spot prices and higher demand in europe they will be raising output and export targets and production is now set to increase by about two percent to five hundred nineteen billion cubic meters of gas also that will be increasing their investment program to a record forty four billion dollars and directors expect their every cuts to rise about twenty two percent to fifty eight billion dollars and of course all these decisions will be finalized with a new board of directors who will be elected later today. russia is about to
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realize its biggest investment dream the country's newly created ten billion dollars bond will come up for us projects in september the end of the line its investment priorities. agree cultural prices are increasing dramatically bagger business is very important health care. health care can be much more efficient and can be improved dramatically with proper investments i was proper and know how energy efficiency we all know that we have so much of the ground until the energy prices are all sorts of new energy efficient technologies to produce very significant cost savings so it's a lot of venture for sure it's not for the early stage projects so the projects will be confused predictable cash flow and so just energy efficiency will produce good results but also good for the country. or continues to gain after rallying two percent on wednesday the increase followed a u.s. inventories report that showed a sharp decline it's a process that has the expectations light sweet is trading at around ninety five
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dollars a barrel and granted at around one hundred ten twelve dollars a barrel asian shares pulled higher on thursday with hong kong leading the advance that's not the greece move closer to receiving more aid to avoid a sovereign default panicking is trading up a more modest point two percent among japanese lenders need to be financial group gave over two hundred percent. of its two is an absolute tax nearly two percent so q list the chairs of citi group are up over three percent after the lenders u.s. dark ended higher now some airlines lost ground or prizes china southern airlines down two hundred percent and hong kong. and russian equity markets opened higher with energy companies among the main game. and said hi adam isaacs is trading also half a percent in the black now big growth was maybe supported by energy and financial stocks now let's have a look at some individual share moves on my six energy mages among the main gate is
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as well rebounded from a four month low gazprom is advancing point eight percent the company's c.e.o. said promise annual meeting that gas exports have risen twenty six percent in the press covers. two thousand and eleven compared with the previous year who is also gaining just under five percent while ross telecom is up over to the start. greece's approval of the hotly debated a sturdy plan has some ten cents on the markets however sort of gay so their own back believes other events will have greater. positive or two in three can. still be neutral the markets tracked in the past three in the past several days but on the other term investors whole poem the greek problem so well multiple years at least one next several months the most important of the three quarter will be the end of one of easing in the us on the thirtieth of june and the fact that we can get the start of corporate reports in the season in the states for the second quarter we expect this will take
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a bigger role than the green codes and this practice will outline the trends of the market in the beginning of july. that's the business news for now but i'll be back with more about forty five minutes trying to that. so.
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the biggest says. his. peers. for the full six we've got. the biggest issues get a human voice face to face with the news makers on. the.

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