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tv   [untitled]    June 30, 2011 1:01pm-1:31pm EDT

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parliament has taken the final step towards receiving crucial european bailout funds the government has voted on a detail plan to implement the country's second wave of this dirty bastards. the u.k. braces itself for mass disruption as hundreds of thousands of public sector workers began industrial action in response to plan changes to their pensions and their pay . thousands of teachers and civil servants and border control officers are unstable to the earth even reduced pensions as the first industrial protest against the government's austerity measures is taking over london. russia exposes double standards at the un over the organization's hard line position on syria with moscow calling for a strictly differ from out excellent. foreign minister sergei lavrov says the un security council shouldn't be contemplating taking action against syria while steak ignoring what he calls
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a civil war taking place in yemen i'll have more not so good later old. russia's largest company gas giant gazprom has announces boosting dividends on his investment program to record levels from the company's a.g.m. and all business groups are going to it's. just after nine pm here in the russian capital you're watching r.t. thanks for joining us now to our top story greece has voted on a second a bill in the final step towards implementing the next wave of us therapy measures as a last hurdle that athens has to job to qualify for a new stock of european bailout funds and the plans met with resistance more than three hundred people injured in two days of riots natural journalist dimitri coffee in the heart of athens where frustrated crowds continue to grow. they already
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started to gather around the parliament right now they're quickly starting to amass a number on the street in front of constitution square and on the on the streets perpendicular as the sun begins to set and the heat dissipates it becomes a lot easier for people to gather here and that's what we've seen in the past in this we're seeing again tonight there are some economists in greece and other people who are proposing solutions but those solutions that are really being proposed for the most part are solutions that require a cooperate of party like the e.u. and the i.m.f. to cooperate to restructure the debt right now the principal problem for those people people trying to tad decayed for a solution like that is that they don't have a willing party they don't have an i.m.f. or an e.u. that wants to restructure this debt so right now the only viable option available to greece that people are discussing realistically as a default or default possible return to the drachma possibly ideally by currency system a do a currency system where you have the drachma for public expenditures keeping borrowing costs down and interest rates high for the government and keeping inflation kind of barred to death to the public sector and
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a euro for domestic purposes and and private private use remember it was a year ago when we passed that one hundred ten billion euro bailout that exacted the wrath of the northern europeans in this country but the amount of money from the that bail does not come all at once it's tranche by tranche of this i think was the fifth installment and it was something like twelve billion euros it was pocket change in terms of what what the greek government would need overall. and because this is how they're implementing the measures bit by bit and because the debt burden so largely continues to grow remember it grows ever larger and we're in a deflationary period right now here in greece so the debt just keeps mounting on the backs of the greek people and you can expect to see this crisis drag on and roll and build like a giant snowball down a hill because that's that's been the nature of a large debt load it just keeps growing and growing and she's going to put more and more pressure on this economy more and more pressure on these people and that's going to result in more violence more protests and if all this government
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eventually. for more insight we're joined live from the u.k. by university of lot of professor cost us a doozy and us hello there mr dizziness thank you very much for joining us now you've written in an article that greece is standing up to e.u. neocolonialism what exactly do you mean by that. i mean neocolonialist both in economic and political sense of the economically what is happening to greece now and what has happened over the last year is that we had imposed upon a european kountry what we used to call an economic structure of adjustment this is exactly what the i.m.f. used to do to argentina to various other places in the developing world and i was the newspaper guardian said yesterday that the measures of the now being imposed from greece sound like a wish list of i.m.f. bankers just before they went to ban the sites and let me say a few things about these measures these measures mean that the salaries and pensions of people in the public sector has been cut to up to forty percent they
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mean that unemployment is going up to about sixteen percent of the forty five percent of the few thousand flowing mint in it which means that the whole generation of young people is being destroyed they mean one hundred fifty thousand jobs lost in the public sector and they mean that some of the most important utilities like. light and efficiently power what that is being sold both of this is absolutely unprecedented in any western european country for the last one hundred yes so that is they cannot make part of it this is an i.m.f. imposed totally neocolonial set of measures but politically also what has happened over the last year is that the i.m.f. the e.u. and the e.c.b. keep sending every couple of months young guys like gang technocrats lefties they go to the ministries they ask to look at that coach and then they decide what should be done and what should not be done and now they're setting up
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a company to set off the family silver all these public assets and it is again the europeans who are going to decide how to sell it what the side of the struggle and politically again with these neo colonial because if you look just the government. that has been asked to accept these measures there were. demands that the opposition all opposition parties should accept it so we have a situation in which the main power structure of greece has no move from athens into brussels and the other european centers and the greek politicians and the greek public has been the last really to implement what that would have been decided that research is not just following on that train of thought there are those that would argue that the formation of the euro zone is is more of a political move more than anything else well what sort of political ramifications do you think we could expect if greece a bad as the eurozone. there would be loads of
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cases but let me start by saying that it is not really clear how greece could be expelled or how greece could leave the eurozone because the treaties creating the euro zone have absolutely no provision about either expulsion of withdrawal so it would be a major institution in constitutional problem or you know how you're going to actually administer such a huge event haven't run counter to the the common crowd so that there's the first problem that if that were to happen it would have to come at the back of a major restructuring of the whole led to freeze the institutional and legal led official begin to be in guinea now of course if hypothetically bullies were to leave or indeed to be expelled everyone says that the whole eurozone would suffer from what is now called a contagion spread of the disease that immediately the credit rating agencies and the hedge funds and so on will move to the next violet of members of the eurozone
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to portugal blood perhaps to spain if the course involved would happen to hold views of what would come to grief but there is also another contagion that has been happening in the contagion i would call it a political contagion because what people realized is that both in greece and in view when the greek people stood up and for forty days of the occupied the central square woffington about sixty squares full of greece the government was seen to lose all its legitimacy it is now a government with a very limited shelf life it is a kind of dead man walking beside his i just want to follow on that thought you were talking about contagion i mean we have seen it falling like dominoes the arrow if what sort of signal do you think of the events in greece are sending to be europeans at this moment do you think they are concerned at all i mean practically speaking that this could be happening in the countries that you had mentioned. absolutely absolutely. athens had this series of protests over the last year twelve
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one day general strikes but nothing much had happened in the sense people had accepted of they have to take some punishment they felt that they were a little guilty they were scared because the government was saying that unless we have these measures pensions and salaries are not going to be paid but then in the last forty days when people peacefully without any violence from all parties for no the all ideologies all ages all of the patrons came to this quest just sat there. and kept saying that you did not present any more if you do not. follow and support great big into this box you have become the agents of the european body because that point things might change and they change not just increase they change a little you over the last week the major western media from the new york times to the guardian to them or to fight for my you know they all change their mind for the
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first time they realize that people were being hurt by these measures because poll just that the sticks it was not just figures on a spreadsheet and once they realized that there might change the guardian yesterday the guardian a major debate in british newspaper actually in which in the main political position of the paper did write for the first time that greece must be for well thank you very much i mr doozie dizziness for your thoughts there live from the u.k. university of lot of professor. thank you. well your opinion counts visit our website r.t. dot com and have your say in our latest online poll and today we asked you what should people do once the new set of a sturdy cots is approved so far most of you think of they should defend the rights until early elections a close second with thirty three percent is the opinion that they must prepare for even worse cuts with bankruptcy still looming and other less favorable responses or
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the greek should consider every great thing and that they have lost the fight and must tighten their belts. only have more for you online log on to our websites learn how police prevented a terrorist attack during a drug raid. well to the u.k. now we're up to three quarters of a million public sector workers are preparing for industrial action well they're voicing their opposition to plan the changes to their pay and pensions both part of the government's a sturdy measures a third of schools are expected to close with a court hearing and the u.k. airports bracing themselves for disruption. is in london the following developments for us. not. being in london about
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hundred thousand people haven't turned to these. teachers will. not take their. recent mention. by. just call it what people think that all in stride to say that about. the. same age that they're expected to belong to the airports because the constant immigration. this is all so striking as well all these people are demanding that the cuts would not be such that the government does not go along with the cuts they do say that they do want to retain the dignity did not want to work longer hours than the let's. say. i'm with the most listened to say that sixty eight to. sixty the cuts are being made in the wrong
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direction so they're not being made to see if it is the sponsor of the current financial crisis. those most responsible for our current predicament are. largely untouched. seems to be writing the. half way through without due consultation to the people most of. the changes that it may consider pensions or what it necessary to his way to address so i think we do need to make cutbacks in some things i think. trying to pry the teacher pensions by so much as it is to model where nothing nothing in any significant disturbances other than the is that possible traffic just haven't been taking place at the same time there are organisations such as that today she does not work for old people to turn thursday into days of old rage against the tory led coalition sunday may be the ones to get
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a little bit rowdy of the same time we also must not love the fact that anything might also take to the streets and make some damage. but other than that people are expected to protest peacefully again it's one of the million people that are going to be marching from the center of london to watch the parliament to make their voices into protest the pension pot each up planned by the government. the russian foreign minister has highlighted a double standards at the un over the organisation's approach to the arab world said a love for all the says the crisis in syria and yemen are provoking a vastly different and unjustified approaches peter all of our reports out from moscow. mr lavrov was addressing a meeting of the foreign affairs committee of the duma just behind me he highlighted in sets out really where russia stands concerning the ongoing situations in the arab world now he gets out of what he sees as
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a western desire for regime change in the middle east saying that this was unacceptable and the russians would not support it and that any circumstances he also went on to highlight the fact that this was actually against international law bellman russia feels a little disappointed to say the least about the way that the the situation in libya has progressed russia of course abstaining from the vote on the u.n. resolution that allowed international intervention there they very disappointed at the way they see that mission has gone beyond the parameters laid out in the u.n. resolution and came to avoid a similar fate a similar situation occurring in syria or yemen hasa gay lover all pulling no punches he hits out at those that have criticised russia's stance on the u.n. security council and also had a few words to say him self about what he sees as a lack of consistency by the u.n. body. many have been criticizing russia and china's position on the u.n.
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security council resolution on syria for the fact that we consider such a resolution in appropriate i'll give you a simple example the situation in yemen is no easier than in syria there's a difficult civil war going on there but nobody's going to the u.n. security council to try and stop it. reiterating in some ways words he has said before that russia wants to see peace brought around about in the arab world to discussion and diplomacy and not international intervention something that they will not support. well said gay lover of has also announced that moscow is waiting for a confirmation from libyan rebels that they have received weapons from france well if proven true the russian foreign minister says it would be a serious violation of the u.n. arms embargo french officials earlier admitting their military has airlifted arms into the country it's the first time a nato member has owned up to supplying weapons to libya since the bombing began
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over three months ago the alliance is pressing the paris to explain why it acted unilaterally without consulting brussels the u.n. mandate on libya does allow military intervention to protect civilians but fall short of authorizing a ground invasion and arms supplies the paris based political analyst says three countries have hijacked demand it. the admission that france is arming the rebels is very obviously an admission that what's going on in libya is a fight between the government and armed rebels and armed rebels are not civilians so any attack by the government on armed rebels in libya is therefore not necessarily a war crime in other words this news is not only incompatible with the case that's being made for war in libya are completely contradictory there is no doubt that the three countries britain france and america who are waging this war under the disguise of nato of course wish to see the rebels seize power by force and
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overthrow gadhafi we must be careful about using the word nato this war is being fought by britain france and america they use nato as the figley but nato itself is of course much bigger and there is not unanimity in nato only a few days ago the italian foreign minister said that there should be a ceasefire in order to allow humanitarian aid through so i think that this latest news from france will possibly increase tensions within the coalition although i repeat that the war is being waged by three countries using nato as a disguise. an egyptian court has ordered a probe into fresh clashes between police and protesters in cairo hundreds of people were injured as more riots swept through the country activists are angry at the interim government is saying there have been no improvements since hosni mubarak was toppled in february but for more this let's talk to journalists. is in a london for us. we are starting to see more violence on the streets of egypt again
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why is that. it looks like a very serious situation indeed the government such as it is hasn't responded to the concerns of the people there strikes at the suez canal transportation workers people being killed again on the streets of cairo not a peep out of the corporate media and meanwhile we have william burns in cairo talking with mr term the provisional head at the moment of the government and even the trial of the interior minister who is hated so much on the interior minister and also has been adjourned people are not getting what they thought they were getting when they toppled hosni mubarak. talking about a military government they're in power now is there a danger that this military government could hold on to power. well the americans seem to be wanting to get that way they're in talks. as i said william burns deputy secretary of state along with the c.e.o. of general electric and the head of coca-cola the middle east i wonder what they're
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talking about at least the egyptian government such as it is did refuse the three billion dollar loan which would have been in return for mass privatization and all the things that many of those protesters that we saw in tahrir square earlier in the year would not have won to particularly the loss of sovereignty they had a loss of sovereignty anyway they certainly weren't fighting a revolution for a loss of sovereignty because of plans by dominique strauss kahn or christine legarde but would it wouldn't that just provoke more protests if the u.s. is one to keep this military government in power and the people want more democratic government in place. well the obama administration is now in talks with the muslim brotherhood causing some tensions now with israel so the obama administration obviously thinks that by going over talking to the muslim brotherhood they can stave off more demonstrations that would overthrow what is in power at the moment i wonder if the muslim brotherhood is going to be wise about this and presumably they're going to make gaza part of the equation so i'm not sure
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whether american strategy will work in this case as it didn't work when there was that flip flopping by the obama administration before we must remember that joe biden and hillary clinton didn't want also to mubarak to go that's falsely mubarak and his cronies so many of them are retaining power and it's a very dangerous situation and we mustn't forget what's crucial here for the international. financial outlook is the zoo is going to hell that's where trade goes through and it is the most populous country arab country in the arab world and we're not hearing anything about it in the corporate news it's as if that revolution is done and dusted in the egyptian people if you're talking here what you're saying is that the u.s. is talking to the military government also talking to the muslim brotherhood let's talk about the actual egyptians themselves they did fight to topple mubarak violent protests and then they don't seem to like the current regime any more than the last one so well who's going to come out and emerge out of all this. well i'm sure that those people in tahrir square that were injured in the past forty eight hours will
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be thinking of the rubber bullets and tear gas and their made in usa and made in israel markings the people of egypt are not going to forgive the united states or or its allies any time soon for years of misery caused by that proxy government ok just very briefly do you think there's any real hope for democracy in egypt. absolutely amazing thing that they did get rid of all against us had your wallet concerns and i think the future still looks bright but. let's hope the demonstration which as we called for an eighth of july let's hope the demonstrators get what they want right well thank you very much that was journalist afshin earth tons you talking to us live from london thank you. and now to some international star stories we're covering for you today a un about tribunals has issued arrest warrants in a connection with the murder in two thousand and five of lebanon's former prime
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minister rafik hariri officials say be a warrants name for senior members of hezbollah are members of the group denounce the tribunal and have vowed action against it. was killed along with twenty two others in february two thousand and five in central beirut when a bomb exploded as his car passed by. a rival forces in the sudan have agreed to withdraw from its border areas ahead of southern independence next week the agreement follows two separate deals to end the fighting which forced some one hundred seventy thousand people to flee or the two sides still have to agree on how sudan's oil wealth will be divided once the separation takes place the region has seen a more than two decades of civil war which claimed over two million lives. two french journalists are back at home after eighteen long months of captivity in afghanistan and the man had been held hostage by the taliban but are said to be in
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good health and good spirits or the t.v. reporter and his camera man were taken along with afghan colleagues in late two thousand and five while filming in remote mountains it's the longest seizure of french nationals since the lebanese hostage crisis in the nineteen eighties. all in around five minutes the latest in our series of reports on life in the former soviet republic. but first me two years here with business update. thanks to hello and welcome to business artie castro bell russa's asked russians of freeze the price of pay for gas there was an exclusive rights to buy russian gas at a lower price than the european average however the benefits were planning to end this year well research will say the country has a right to cheap deliveries they claim the two countries are creating a common economic zone and price levels should be equal and there's
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a gazprom could lose six hundred fifty million dollars this year if prices are frozen in twenty twelve that could amount to three billion dollars. gas giant gazprom has held its annual general meeting in the company has announced an increase of the investment program to a record level as our teams met in the course of reports. it's pretty clear that gas problem is trying to increase its share in the market they're looking for new opportunities in europe especially germany they said that their exports in the first half of this year increased by twenty six percent and that was due to higher demand in europe and made a decline in production they're also looking to work with asian partners and in particular they're trying to strike up deals with south korea india and china and this could see them increase their exports by fifty percent and their overseas earnings could reach of record highs twenty ten results were quite positive they saw themselves revenues reach one hundred eighteen billion dollars and of course they're expected their shareholders will be receiving just on the four roubles per
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share which is the biggest amount of money ever given by the company and for this year they're planning to increase their spending and they're also planning to increase their investment program to i record forty four billion dollars and from now on all the decisions will be made by the new board of directors who were elected here today. to the markets and oil prices. a pretty strong session before actually went down already this week is down twenty cents brant. if we move to still in the u.s. the markets are still in a rough lucky streak with the dow gaining for the fourth session in a row it's up around one percent this hour this is all on optimism about greece's bailout stocks h.p. and so on in the lead there up around three percent. european stock markets. on a positive note. the dax one point one percent this is all again the based on greece's
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optimism a lloyds banking group surged around nine point seven percent on the well received . and russian stocks ended moderately high point six percent my six point four percent if you look at the major stocks will see that lukoil. up one percent at the close the other energy companies were not as lucky as burbank also on the rise held by reports its eighty yards have been approved trading in london and frankfurt and ross telecom slipped into the red by the closing of trade while it was all day long after it announced a six percent increase in net profit for the first quarter and the about then a from gas problem bank wraps up today's trade. it's already a summer and it's worth thirty outside of the window so actually addictive it is kind of will between both russian and international clients we're still looking probably a little more optimism because obviously the market was getting nervous about different things and greece first of all when it's at least in terms of the voting
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it's all done. should be some relief on the market. central bank has left the key interest rate unchanged the first time since november the refinance rate has been capped at eight point two five percent of the two increases earlier this year the decision comes amid slowing inflation and europe's debt crisis frightening to do rail a rebound in global growth and russian farmers may harvest ninety million tons of grain this year good weather continues into july that's a third more than last year after a record drought damaged around a third of the crops the move comes as a moscow lifts grain exports to the export ban rather introduced to avoid domestic shortages and we will be back next hour with an update the headlines are next with .

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