tv [untitled] July 14, 2011 4:00am-4:30am EDT
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in india she's available in the movie joyce b. who chose the i love you that's the gateway for joe the grand imperial truly george was the first coromandel you can a with a child who knows misha which saddam did to go. rather see the colonel was her job as a retreat. rupert murdoch's media empire abandons its bid to take over britain's largest settle iraq caster as a franzi over a newspaper hacking consumes politicians and police. the official death toll from russia's pleasure cruiser disaster rises to one hundred seven people as divers make a final it's ham to find those still missing. the owner of a company that brings a good old gallery up for its final voyage under state shipping it said it was fixed sale of the rest will bring you all the details in just a moment. and to washington where russia lays out
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a new step by step strategy towards iran that may bring to iran back to the negotiating table over its nuclear program. live from moscow i'm marina joshie welcome to the program were murdered some valid media empire news corp has announced that it's dropping its bid to take control of britain's largest satellite broadcaster the move is intended to head off public outrage over allegations that several off his newspapers were engaged and rampant phone hacking scandal has grown soon clude the british government and police officials who stand accused of complicity and corruption across the atlantic shock u.s. senators are calling for a probe into allegations that nine eleven victims were also targeted by markets new . it is or it is lore and it reports really old was rising over the decades after
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it plenty of warning signs over what was to come. rupert murdoch's push to expand in british media has come to a halt public and political rage overthrown hacking his sports news corp to drop its bid to buy satellite broadcaster piece b. but some say he's already killed the put in press and they were saying it's far back as one thousand nine hundred eighty one that's when he went on a media spending spree and bought amongst others the world renowned times newspaper news international has been playing a toxic part of our pocket life for so long but it worked under his ownership circulation just kept on rising in a market that killed authors and sky t.v. a loss making and obscure satellite network rocketed to become the biggest player in the u.k.'s pay t.v. market i do admire rupert murdoch because he's a risk taker when he bought the times and sunday times of london the newspaper
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business was absolutely in peril in the u.k. mostly because of the unions and because another economic factors he turned that around. basically there are people who will say that he saved the newspaper industry in london because of the whopping revolution in one thousand nine hundred six but now it's clear that success came with a heavy price tag morality murdoch's journalists kept the ratings high by violating and exploiting the vulnerable they hacked the private voice mails of families of dead soldiers and murdered children essentially we've seen criminality and invasion of privacy on a staggering industrial scale not even the rich and powerful could escape then chancellor gordon brown's baby was splashed over the front page of the sun his illness a sick headline royal family phones were hacked the scandal even goes right to the heart of the police. schools senior police officers were brought by journalists for
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to parts on sensitive investigations private lives were made public and now we've got. some hacking into gordon brown's private life you have to start you have to start wonder what else is in of course it's not only it's not just. the use of what we call blanket use of people played to information what should be private sources. it's taken thirty years for the worst fears about the british press to come true but come true they have the murdoch may own successful newspapers in an ailing market but their papers which have lost their greatest asset the public's trust the u.k. has more c.c.t.v. cameras per person than anywhere else in the world i counted eight just in this small car park so bryson's always know big brother is watching but the question now
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is what's big brother watching for and more importantly who's trying to bribe him and it r.t. . there forget you can have your say on the scandal are masters of war there dot com the question is as rupert murdoch sensationalistic rush for profits under a mind of public's trust in british journalism here's some of what's being said. one poster believes that this has job for the public's trust and will result in the break up of murdoch's stranglehold on both british media and the government and other believes that modern journalism has sacrificed objectivity for the sake of sales or why have your say on the issue right now at r t dot com. divers have listed two more bodies from their watery tombs some can pleasure cruiser the bulgaria brings the official death toll from russia's worst ever boating disaster to one hundred seven meanwhile police have made the first arrest attending the owner of the company that rounded out the ship and the person who
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certified it sea worthy artie's dumbarton is of the site for us. the first two arrests have been made in the ongoing criminal investigations the first is in yakin or she's been arrested because she was the owner of the company that rented the gold daria pleasure boat for its final cruise and it's thought that she may have known about the poor condition of the ship when she made that decision to rent it's the second is yaakov if he is a state shipping expert and he cleared the ship as fit to sail some time ago and it's thought that he may have been negligent in making that decision they will stay in detention for around a month to be questioned and then the case will go on from there the emergencies ministry here on the volga bank and the divers that are going out to the platform above the sunken dog area they say their final effort is going to be made now to
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try and recover the lost forty's. from from the ship and however there may be some complications with that they're hoping to finish sometime later today possibly around midday but they think that they've searched most of the ship and they haven't found all of these bodies so if they're not on the ship they may be in the water around the ship a worst case scenario maybe this some of them when the ship sank people may have unfortunately drowned in their bodies being carried by the current to worst estimate up to two hundred kilometers downstream so the search area may have to be increased for them but they're hoping to finish this search so that two special ships that have come up from further down the river can start the operation later on to try and raise the ball carrier from the bottom of the volga and when they can see the ship up in the open air they can try and work out why the ship sank and why
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it sank so fast leading to so much tragedy. tom gardner reporting there for us and we've got more on russia's worst boating accident on our web site log on dot com to watch the footage of the recovery efforts of divers on the volga river there's also an interview with a former captain of the doomed ship who says he was in no condition to sail long before the sinking. of course if you live from moscow still have for you this hour europe's struggle to keep you afloat takes another hit as the world's largest economy wakes up to the reality it's deep in debt. and israel's prime minister has to step up in advance of an anti boycott bill which aims to support settlers what has been dubbed an affront to democracy. russia has proposed a new step by step strategy towards iran's nuclear program the idea is just making
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the limits of concessions to the iran of goes along with the demands of the international community the statement comes after talks between the u.s. secretary of state hillary clinton and russia's foreign minister sergey lavrov during his visit to washington q. also touched upon the libyan campaign with a love for off saying russia has less disagreements on the matter with the u.s. and with some european countries. just more on the visit. with regards to leave both russia and the u.s. have the view that colonel gadhafi must step down and that leaves should be able to choose their future leader it's the path towards those aims that moscow and washington disagree on the means if you will the pressure criticizes the scope of the end the foreign intervention in libya possible sees the actions of the allied forces the forces there as a violation of the u.n. mandate minister lavrov said the resolution is being wrongly interpreted as anyone can do whatever they want for minister was also asked about why russia is blocking
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a u. and initiative to condemn the syrian president assad he said the attitude of the west is exclusively about exist. and one of the parties namely the syrian government and president are cited moscow sees it as sees it as the wrong attitude prussia says it says the wrong message to the syrian opposition party them to believe that if they were the main insisted in the situation for getting critical the west will come to help them the way it is happening in libya there is a lot of said it's unacceptable that the opposition who resort to violence agitating peaceful protesters into engaging in armed clashes and if actively turning them into a carcass for the police and security forces they can listen to the. diplomacy exists not so and condemn and score political points diplomacy exists just solve problems and make it condemnation without proposing any solution leaders to any breakthrough neither in syria nor in any other place there is a good example of how we are all dealing with the situation in yemen no one's
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proposing to condemn anyone or a doctor the u.n. security council resolution supporting one or another side everyone is urging the two sides to see down and hold negotiations that's a responsible approach that we hope will prevail. to read more about the agreements reached during serial ross visit to washington log on to our website r c dot com along with other news videos and blogs here's a taste of what's online right now find out why a monument to the first man in space your garden of will be unveiled right at the very heart of london. and it's a happy ending for an escaped boa constrictor which brought fear when it was lost in russia city of coming grad. consul learn how to meet our long snake slipped away in the first place. the currency crisis gripping the e.u. has taken a turn for the worse as. a string of ruinous market downturns begins to debate
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emergency spending cuts at two trillion dollars the world's eighth largest economy has been struggling to remain competitive since joining the euro zone its debt has spiraled out of control a fact overlooked by manny amid the more pressing problems in the e.u. it falls a downgrade of violence debts to junk status a serious blow to the eurozone as a bailout gridlock laborers to prop up its weakest economies u.k. and weepy paul natal toller t. the latest developments proved the single currency union is simply not working. this was always about politics it was not about economics the idea that you could have economies in the mediterranean in line with economies like germany fresh growing economies like germany was never going to wait to get on to this mess is for those countries to go back home to the international court and see the value of moving. schools going on at the moment because if you say that because they
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couldn't see these are controlled by frankfurt they're controlled by european central bank they're not controlled by. or even the people out on the streets and i just wonder how long it will be before the people who are all through the streets in rome. this thing is contagious. this thing will move right across the continent specifically in the mediterranean the bigger issue you know the european union is really. just becoming. just economy in the world i think you also can actually cause with greece and portugal this world economy really goes the whole thing could cave in because if italy goes into these economies intertwined with spain and spain and italy go then we are in serious trouble. to complete the whole project and it's going to the european union if your own goals are quite frankly you can see this whole thing bring can go. to keep that's why this week there's people say that we in the u.k. if. the only way for these countries to survive is
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a break out of this prison which is the euro zone. the same credit rating agency that sparked fresh panic in the e.u. has now spread in the u.s. moody's says it's reviewing america's top aaa dad rating for a downgrade signs of political bickering that's deadlocked budget negotiations in washington well for more on this we're now joined by author investor and health founder of the quantum fine jim rogers live from singapore mr rogers thank you very much for being here with us and the program well as we know this isn't the first time budget talks have sound lot but differences have always been overcome why is moving taking now to review the u.s. training here in the u.s. a stream of a good question the u.s. rating should have been downgraded years ago you know i don't know why they're just now getting around to it but we know that the rating agencies don't have much of the clue about anything they got everything wrong and so everything wrong. i don't know why they don't understand what's going on. what and what in delaying on debt
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payments be more disastrous for both sides and losing our few political points. i am sure that this is they're not going to close down the united states government this is political posturing and nothing more something will happen they will announce some kind of deal it will look good on paper and maybe they will even be good for six months or so but six months from now a year from now it's going to be the same old stuff we're not going to have much progress in the united states is going to continue to go into a decline we have that the united states is the largest debtor nation in the world and it's getting worse it's not getting better. well of course and all those negotiations and bickering we've got to remember the man in the street and what impact if any are they going to have an average elias and what does the public make of their political bickering but i don't think it's going to have any effect at all in everyday life for anybody and i suspect the public should ignore it i'm ignoring it for the most part because i know it's they're just sitting there yeah doing away
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to each other and none of us are going to benefit in the end the public should be very worried because america's situation is dire and our debt is going up and we are declining standard of living is going to get worse we should be worried about that but this stuff that's going on in washington right now i know you have to report it and i know all the media have to report it but the markets aren't paying too much attention i'm an investor i investments all over the world this has very little it has no effect on the way i invest in the world well let's talk about the options that the u.s. has at the moment i mean i either annie options open to it for example. if doesn't even have a choice other than to increase the debt ceiling european but no they course they don't they have to increase the debt ceiling for the moment there's no question about that their choice though for the future is they've got to take an axe you know they've got to take a chain saw to government spending and do something about it they're not going to do that they say they're going to say they're going to do it marina but they're not
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going to do it they might announce they're going to do it for this to get the budget. ceiling prayers put aside going to have any effect. well let's imagine situation as america's really changes and certainly re havoc on world markets what's there to be gained i mean what's the point of this downgrade arena understates already has been downgraded in the world markets every i'm not the only person who knows that the united states is the largest debtor nation in the history of the world look at the value of the u.s. dollar is down fairly significantly over the past few years by the way you can look at your bear japan was downgraded several years ago and your fan people still buy government government bonds but japanese currency is a you know a sixty year higher seventy year i people know that your peers a better place to be than other places don't pay too much attention to the rating
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agencies they don't have a clue what's going on what you know it seems like is on a downgrading spree there i mean it's made several headlines recently from downgrading portugal and ireland and now to threatening the dollar's very foundation in your opinion what's driving the company there. well moody's is trying to save itself right in a great portugal three years ago five years ago or greece you know they're just getting around to reality it's like the stock prime mortgages they didn't downgrade anybody until it was already over they had many people that were going bankrupt right or to strip away moody's and standard and poor's and these places you know they're paid by their subscriber by the people that they rate so they have a conflict of interest and they are american and so they feel very hesitant to downgrade the united states they're afraid congress will come after them i mean they and if they're not playing in never never never land they're not paying and playing in reality everybody in russia everybody in the world knows that the u.s.
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is not a prime credit anymore you know everybody know i'm not the only person who knows that we're the largest debtor in the history of the world moody's may be the last to get it or maybe because of political reasons to admit it but it's fact well despite economic turmoil the dollar is still remains the world's reserve currency and as long as washington can print a greenback his dad's even a threat to the country thank. not in the near term high actually on the u.s. dollar because it is being beaten down because people are a little bit person to person mistake at the moment but longer term arena something is going to replace the u.s. dollar more and more countries including russia and china many countries are starting to move south korea american allies are starting to move away from the u.s. dollar everybody sees that washington is not going to solve this problem and more and more people are looking for something to replace the u.s. dollar whether it's going to be a combination of currencies or something else i don't know yet but some people are
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moving away from the u.s. dollar i know that russia's and i hope that you two are verena. years time will tell thanks very much indeed for for this injury and for sharing your thoughts with us here in the program now is jim rogers author investor kathy. choir fine thank you very much indeed for being with us here in our. well it was a turbulent session in the israeli parliament as the prime minister himself had to fan a new bill outlawing consumer boycotts of products from settlements on occupied palestinian territory the law imposes high fines on boycott organizers and allows settlers to sue them for compensation opponents have called it a blow to israeli democracy and freedom of speech on peace movement called ghosh. titian's to the high court against the new law the bill has personal ready distant possibility of peace talks with the palestinians even further away that's the view
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of society spokes person for the shake jar solidarity movement. obviously this is not only going to democratic law but it also shows that in a sense in a very deep sense the settlements already lost a large part of their legitimisation both in the international community and in israel because that is the only view that is the only reason why you need to search such positions as the border with fish is the current regime in israel is not really interested in promoting a peace accord with the palestinians this move is not only another bash in the face . of the chances to reach a peace accord but also. in a certain sense to a very strong step forward illegitimately being it. is frightening for the various religious education which. is what you are to live from moscow let's now take a look at some other stories from around the world and indian authorities have the
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clarity state of high alert in cities across the country it follows three coordinated bombings that have gone by killing seventeen people and injuring over one hundred their organization has claimed responsibility for the attack yet however investigators say that i did mastic terrorism group the indian mujahideen might be involved it's a. deadliest terror attack in mumbai since november two thousand and eight when ten gunmen carried out a three day raid killing one hundred sixty six people. gunfire has again brought pakistan's largest city of karachi has used the words there strive to contain an outbreak of violence that's quiet at least ninety three lives in just five days unrest is not uncommon in the port city where the population of eighteen million and is often provoked by nasa make religious or political tension the latest outburst was sparked by the decision of the city's most powerful political party to leave the federal ruling coalition and join the opposition. well brings us up to date here in r.t.e.
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and time for the business news with miter stay with us. thanks bank says it's ready to declare war on russia's cash driven society once companies and people to switch to electronic payment methods wranglings the high portion of cash in the colonies holding growth causing the country to lose up to one point one percent of its g.d.p. the bank suggests paying all salaries and pensions into bank accounts instead of handing over a ruble also wants the government to offer tax incentives when on cash payments. ratings agencies like because that and poor's and moody's are become the subject of vicious attacks from politicians across europe claim to give an independent assessment of the credit worthiness of countries but they've been blamed for helping cause the crisis by stirring up the alarm however some of the suggest this means they're actually doing a good draw on. the ratings agencies quite justifiably came in for
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a lot of criticism during the global financial crisis they were accused of being overoptimistic they were taking some fairly generous assumptions about its ability to repay there were sometimes overlooking some fairly fatal flaws in some derivative structures and it's fair to say i think most reasonable people would agree that perhaps the ratings agencies did contribute to the global financial crisis however i think there's been a notable improvement in standards over the course of the last two or three years and the fact that the ratings agencies now are actually getting so much criticism from european finance ministers probably suggest that doing the job rather well. search of the markets now we start with oil in the bit of a change of picture now after reaching full day highs lights meters continuing the climate's up twenty four cents at ninety eight dollars twenty nine now brant is down forty one cents at the moment this is has increased demand from the u.s.
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is countering speculation of the world's biggest consumer of prove may face a credit downgrade by moody's now the agency for the u.s. under review for raising the downgrade those talks to raise its fourteen point three trillion dollars debt limit us have stalled and this is also affecting the stock markets across the globe let's take a look at asia now markets that ended mixed the nikkei down point three percent still on that bracing reviewed by moody's potential way to do so q stocks were pressured by the increase in risk aversion pushed the u.s. dollar below the seventy nine for the dollar trash old exporters were the biggest losers borden's and dropping more than one out percent to shoot one percent in hong kong the pictures change by the end of trade. actually managed to grow by a notch and this is because financial is managed to recover the bank of china actually ending down just one percent news to get to and china's construction bank point eight percent when i was talking one of the. european markets have just
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started their trading session and they started on a negative note still assessing this potential credit downgrade for the united states before it sees down point six percent at that point four percent. and finally let's move to russia the picture there of thirty flat flat to negative for this is up to two hours of trading markets have come back from a stronger fall soon after the opening an a g shares are coming back with gazprom the new poor losing now just to point five percent when they were losing one percent before financials and b.c.b. and burbank killed also weak but not so much as they were before thirty four percent. burbank band was thirty called was seeing yet another board trial version it was down more than one percent down. to really even with the uncertainty on the markets from capitol believes the construction and cement sectors will soon see increased did not i think the most interesting story of late. has been the
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construction theme for first the war so obviously the sochi olympics plus the world cup and now we have moscow expanding outside of the earlier bounce that is bullish obviously for the cement industry for developers and for long products still producers so one of which is obviously. having mentioned here as if we do manage to sell their stake in response mine obviously we go out of cash which would help either a cut there that or actually pay have to do it and so those are probably the themes that would be watching in the in these difficult markets and circumstance. business us he will be back next hour with nothing to headlines next not.
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with the end of the core war and the going away of the soviet union many people thought that nuclear weapons disappeared. the risk is not zero that something might be going off by mistake special of the nuclear weapons on hair trigger alert. but the significance to see a desert through it all as an actual report you know if you keep spinning a trillion dollars a year on weapons of eventually you're going to blow everybody up you can't you know people are dying from these weapons but until we actually see it people don't
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wake up to nuclear weapons or build the new. that represents all the firepower of the second world war and this sound is the equivalent firepower of the world's nuclear arsenal today. gentlemen for your fishel on t.n.t. cation your body phone i pod touch from the i choose option. which artesian life on the go. video on demand. montes minefield comes. on as it feeds now with the palm of your. questions on the t. dot com.
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