Skip to main content

tv   [untitled]    July 14, 2011 12:00pm-12:30pm EDT

12:00 pm
in india she's available to move the joint people to the a movie that's the case where you go to the grand imperial should the taj west coast coromandel you can a letter tell her to sit down to go and. read this in the kennel was her child retreat. pressure rests overview case phone hacking scandal rocked rupert murdoch's already shaken media empire of public fury over the case challenges the future of britain's newspaper industry. they've got to take an act no they've got to take a chainsaw to government spending and do something about it calls for the u.s. to cut spending and threats that the country's credit rating might be downgraded if lawmakers fail to raise america's debt ceiling and says more states are plunging
12:01 pm
deeper into economic crisis plus. initial investigations into the sinking of the boat gary a point to negligence on the the tragedy could have been avoided. the first arrest some made in the investigation into sunday's pleasure cruise of disaster as divers continue to retrieve bodies from the volga river with the death toll now standing at one hundred thirty. coming from around the world this is r.t. live in moscow twenty four hours a day with a rapid change of heart rupert murdoch and his son james have now reportedly confirmed they will give evidence to a parliamentary committee investigating the u.k. phone hacking scandal and comes hot on the heels of earlier reports that they declined the summons it's alleged that several of murdoch's newspapers were engaged
12:02 pm
round voicemail hacking and bright senior officials on this artie's nor and that reports the media mogul's red top rise over the decades was littered with red flags mourning of what was to come. rupert murdoch's push to expand in british media has come to a halt public and political rage overthrown hacking the sports news corp to drop its bid to buy satellite broadcaster b. sky b. but some say he's already killed the british 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 public 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
12:03 pm
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 there are people who will say that he saved the newspaper industry 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 force senior police officers were bribed by journalists for tipoffs on sensitive investigations private lives were made public now we've got.
12:04 pm
to be some hacking into gordon brown's private life you have to so you have to stop what else is in of course it's not only it's not just. blanket it was a ploy to help train information what should be private sources like medical records tax records is 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've counted eight just in this small carpark so persons always know big brother is watching but the question now is what's big brother watching for and more importantly who's trying to bribe him lower and it's hearty. so what will this scandal mean for the global murdoch media
12:05 pm
empire. it looks like a proper police investigation for the first time into this it could well mean that we see the rupert murdoch's empire in britain crumbling collapsing. we spoke on the issue with u.k. based investigative journalist tony guzzling and you can check out our website r.t. dot com for that interview in full. the eurozone debt crisis now focuses on italy where the senate has approved tough new austerity measures packages set to receive final approval in the country's lower house on friday it comes amid concerns that italy the euro zone's third largest economy may become the next to ask for a helping hand as both art and portugal having their ratings downgraded to junk status dealing a serious blow to the bailout. struggles to prop up its weakest economies writer editor patrick young says the response of the italian public to budget cuts will be
12:06 pm
weaker than in greece. who will be one significant difference between the people who take a look streets between greece and italy and that is that in greece at least thank goodness the taxi drivers don't go on strike where is it really i expect. almost everybody is going to end up on strike and it's going to be absolutely chaotic the only way they can slip this through is perhaps because we do have this long lead in time until the cuts really start to make an end in two thousand and thirteen but i think the problem is in the meantime a large amount of the sort of the leftist opposition in italy for see the fact that silvio berlusconi due to many of the reasons most of which are outside of the direct fiscal reason are well i mean he's a wounded animal at this point in time and in some ways i think that he's going to be finding it very difficult to hold his government together and this is really a crisis because i mean greece is only want to hurt percent of the entire euro zone economy something like that it will get a serious heavy hitter as everybody who's ever bought a designer italian car or another is retired engineer you know and it's ultimately
12:07 pm
good hugely difficult this is a fundamental debt crisis across the whole euro zone and in fact what's incredible is we haven't a talian marial draggy who's going to be the next head of the european central bank he's coming into office at the moment and he himself knows the solvency of sovereign states is no longer to be taken for granted in other words at this point in time any possible shock clears the difficulty years but all of the large economies along side most of the small ones have all borrowed too much money there are big problems in western europe the havens to be in are definitely to the east and everyone fortunately expect further surprises because the endemic the contagion seems to be spreading and we have new political leadership seeming to do with. the same credit rating agency that sparked fresh panic in the e.u. now threatens to review america's aaa credit score for a downgrade that's for the first time in over ten years and says there's
12:08 pm
a risk the u.s. could fail to resolve the bad luck in its budget negotiations and even if the package is approved it's unlikely to offer a solution to america's debt that's according to investor and co-founder of the quantum fund jim rogers. the united states already has been downgraded to 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 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 chainsaw to government spending and do something about it they're not going to do that they might announce they're going to do it for this to get the budget ceiling passed put aside going to have any effect 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. dollars. but as the global debt crisis sweeping through europe reaches italy max
12:09 pm
kaiser and stacey herbert discuss how its national gold reserves might make it a target for financial perspective that's in the report coming your way a little later today but here's a brief pretty forty. eight of these guys gold at the i.m.f. and the people who support the i.m.f. the terrorists as i mentioned like eric cantor they are helping to facilitate the thieving of that twenty four hundred tons of gold because that is meaningful they need that gold because of course is the i.m.f. going to get the airport landing fees from naples or sicily. now. as divers continue to retrieve bodies from the volga river the number confirmed dead after the pleasure cruise the sinking on sunday has risen to one hundred thirteen including the vessels captain meanwhile yet more details emerge of
12:10 pm
procedural violations that could have contributed to the tragedy he will bury his crew reportedly understated the number of the passengers on board to obtain permission from river controllers to set sail claiming the number on board to be just twenty instead of two hundred thirty tom blanton brings us the latest from the disaster site. the first arrests have been made and this is starting to move beyond just a disaster recovery operation between people that have been arrested so far. she is the owner of the company that rented the bulgaria for what would be its final voyage also. sure he is a state expert on shipping and sometime before that voyage he said that the area was fit to sail and so perhaps was negligent in that decision divers are still working in teams in our in our out in a on a platform out in the river over the sunken bulgaria it's now estimated there are
12:11 pm
around a dozen bodies left to be recovered divers have explored most of the ship now there might be some places left where bodies could be but it is possible that some of those bodies may know may not be in the ship they may be in the water around the ship and in a worst case scenario currents may have carried some of the bodies block to two hundred kilometers downstream there's also been revelations added to the case of the of the bulgaria and particularly concerning two ships just after the sinking but passed by and didn't pick a single person up there's been massive public fury over this and that has recently been perhaps somewhat tempered by the views of some experts saying that actually these two ships that arrived with people in the water and in the oil slick around them they weren't passenger ships they were barges and it would have actually been very difficult for them to pick people up and they may have actually
12:12 pm
hindered the third ship the arabella which came in did start to pick people up we earlier spoke to the captain an exclusive interview the captain of the arabella saying what he found when his ship arrived at the scene of the disaster. it happened really fast going trying to turn minute after we heard it was critical. as we approached it was hard to distinguish in the dark water of people who were alive from the rubble that was floating around and people were in panic when we rescued them in a state of shock but some suffering from other traumas they were all covered in oil field that was leaking from the sunken ship it was a terrifying picture of. the captain of the arabella also added his own views to those of those two other captains he was in the vicinity as they were and he gave his own views on the public fury and the experts saying well maybe it was they didn't do such an awful thing let's hear what he had to say about that. and we were approaching the position of the tragedy with almost the same time as if we can't
12:13 pm
ship i don't know why he didn't stop maybe try to you know sort of heavy cargo wouldn't let him but as we approached the site its presence could only hamper the rescue operation and to proceed and not waste time so there's very mixed feelings now about the role of these two ships the rescue operation will shortly if they can recover the rest of these bodies be moving into its next phase and that is for two ships specially equipped to try and raise the sunken bowl garia and then it will be known hopefully in a proper investigation it can start as to why this ship sank and sank so fast causing so much tragedy. reporting there that we've got more on our website including footage of the recovery operation still underway there in the volga river you can log on to our team home first hand. russia has less disagreement with the u.s. on the libyan crisis than with some european countries the view of foreign minister
12:14 pm
sergei lavrov after talks with the u.s. secretary of state hillary clinton is going to exist now from our washington bureau . with regards to leave both russia and the u.s. have the view that colonel gadhafi must step down and that the leaders should be able to choose their future leader it's the path towards those aims that moscow and washington disagree on the. criticizes the scope of the into the foreign intervention in libya possible sees the actions of the allied forces forces they are a violation of the un mandate minister lavrov said the resolution is being wrongly interpreted as anyone can do whatever they want foreign minister was also asked about why it is blocking a u. and it should have to condemn the syrian president assad but he said the attitude of the west is exclusively about exerting pressure on one of the parties namely the syrian government and present our side and also sees it as sees it as the wrong attitude russia says it says the wrong message to the syrian opposition party them
12:15 pm
to believe that if they were remain insistent in the situation keeps getting critical the west will come to help them the way it is happening in libya there's a lot of said it's unacceptable that the opposition will resort to violence agitating peaceful protesters into engaging in armed clashes and effectively turning them into a target for the police and security forces take a listen we're going to deploy what you know the diplomacy exists not to condemn and score political points diplomacy exists to 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 tripos into condemning anyone or a doctor or u.n. security council resolution supporting one or another sign everyone has to choose sides to see down and hold negotiations dance a responsible approach that we hope will prevail america's missile defense plans is
12:16 pm
one of the most irritating issues in the relations between the two countries president obama has scrapped the bush administration missile defense but they are going ahead with a new plan for many. said russians need a firm legally binding guarantees that the project will not threaten russia's security washington has made reassuring statements before but moscow needs to have it on paper so there is an understanding among the russians that words are good but words in a legally binding document are better. well to read more about the agreements reached visit to washington even or been told my site is not a dot com site all the news videos and blogs is a taste of the moment should you not on come out why a monument to the first man in space near regarded as being unveiled right in the very heart of london also. fugitives for freedom. and further most people run away to the circus but there's some like the true escape from one of the press and thirty monkeys and
12:17 pm
a periscope together to get away from it all and find out about their daring bid to break loose and all to come. up. with the end of the cold 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 specially of nuclear weapons on hair trigger alert. civilians to use it as a threat call as an extra. you know if you keep spinning a trillion dollars a year on weapons of venture you're going to floor everybody up you you know people are dying from these weapons but until we actually see it people don't wake up to get nuclear weapons or build the new. that represents all of the
12:18 pm
firepower of the second world war and this second sound is the equivalent firepower of the world's nuclear arsenal today. wealthy british style. market finally. come to. find out what's really happening to the global economy
12:19 pm
with mike's culture the no holds barred look at the global financial headlines tune in to cause report on our keep. a wave of criticism is gathering the meds of an israel over a new bill that outlaws the boycott of israel and jewish settlements on occupied palestinian territory opposition parties are called nor an attempt by a weakened government to silence the people long peace movement has petitioned the supreme court against the bill. he faced a stormy session in the knesset on wednesday where he was himself forced to defend in the summer staged a protest walking. in poses fines and boycott organizers and allowed settlers to sue them for compensation. from the point got divestment and sanctions movement in ramallah says the bill will only make the pro palestinian action stronger. council
12:20 pm
has never been a democracy and can never be a democracy so long as it's an apartheid state so long as it has tens off the laws this common a thing between its jewish financial citizens so long as it denies millions of palestinian refugees the right to return home and so long as it continues with its occupation of the west bank including its true salaam as well as gaza so a country committing such violations of international law and of basic human rights cannot call itself a democracy. part of it is really his story and maybe i had a trait when he said that israel is a hair in four which is a democracy only for the master class not for everyone and if anything israel is going it's really pushing first forward in digging the grave of its occupation and apartheid as long as palestinian rights are not respected by israel as long as the occupation continues apartheid continues then i look refugee rights continues to list to me and i have no choice but to continue to resist to continue to struggle.
12:21 pm
no time to have a quick look at some other international headlines at this stage of the day in our world update victims of the three coordinated bombings in mumbai are being laid to rest by these seventeen were killed when last struck three downtown locations during the rush hour police said the attacks were well prepared with sophisticated explosive devices investigators admit they've no immediate suspects but say that terror groups are being considered. suicide bombers attacked a memorial service for the assassinated hot brother of afghan president hamid karzai four people were killed in the blast rocked the mosque including a top clerics a day earlier two explosions shook the city of kandahar during a funeral ceremony for ahmed wali karzai the leaders brother was shot twice by his family friend and longtime head of security on tuesday. egypt's ousted president hosni mubarak has reportedly told interrogators that he didn't order the crackdown on protesters during febreze uprising that's after the country's ruling military council announced it will fire hundreds of police officers implicated in the
12:22 pm
killing of almost a thousand demonstrators but in more protests carry on for the seventh day running into his square the epicenter of the original uprising are still in for president. the pentagon is reportedly preparing to launch a new strategy to defend itself from cyber attacks this comes as the media campaign warns against the threat of hacking by just over ten minutes will be speaking to security software mogul guinea conspiracy. he says it's these so-called amateur tributes who poses the biggest threat. sometimes of all the books where the war for money is always dangerous than others and the war just for fun or like protest is even more dangerous because they are getting more experienced free equilibrium with this war purists employ these forces i am afraid that in the future of cyber terrorism. will. kidnap or force them.
12:23 pm
i'll be back to recap our top stories in just a few minutes and nothing would be after that first though for the latest business news with marina. hello i know welcomes a business here r.t. thank you for joining us now safe haven assets such as gold are searing new the ground over fears the u.s. could lose its top notch credit rating moody's investor services are threatening to downgrade the country due to political deadlock over a raise in the states that ceiling although still seen as unlikely by many analysts a downgrade because it may have for the markets. money investment funds etc must only invest in aaa so therefore a lot of them will have to divest of their investments in u.s. treasuries and that would put. pressure for the downside on the treasury's yields
12:24 pm
would go up become more expensive for the united states support of money from what is really pretty a pretty poor deficit situation at the moment so it would be quite grim and would harm the u.s. is the prospect for g.d.p. growth in the future what. the consequences of a default by the united states or fall too far even for these people to contemplate and therefore i would probably suggest that the north will come to an agreement both sides will have to give way a little bit about so they'll come to an agreement in the. us take a look at the markets now own gold is stretching out a record high as investors look for a place to park cash silver is there and even better it's up three percent but it's still some way short of the record that set a couple of months ago. you know over wall street's we're seeing mixed in the seas there were reports of a three month low for jobless benefits applications at the same time the federal
12:25 pm
reserve chairman ben bernanke he has squashed hopes of a fresh stimulus for the u.s. economy conoco phillips is leading the gains among energy stocks after announcing plans to spin off its refining units on the losing side of the shares of the it's now a chain marriott international fell by eight percent after its third quarter earnings will be below its the patience and european markets closed what we saw it was up and this is where in the red lloyds banking group was putting on over three percent cotton to try and the london and frankfurt metro a.g.l. commerzbank were down about three percent carmakers n.w. you don't buy more of what's wrong. and here irrational markets. close on the positive results on bargain hunting and this fight concerns over that in europe and the us though we didn't see big numbers there let's take
12:26 pm
a look at some individual movers on the my sachs gas from last almost one percent this i think i was there with our w.e.e.e. but we'll have more of that and just the normans burbank was positive at a point four percent and telecoms joint ross telecom first rebounded from a bad start to the day and the session in the red point seven percent and overall that they sprayed the scribed as nervous and things. the situation in europe girds is still oh the people we're going to happen to me to be there were the world potential. and other countries new europe the euro zone the stress in the u.s. you have the situation where you know the. instance where you assume the review which is also quite worrying for the commodity to roll through strong and then some sustain. the basically. you know opinion.
12:27 pm
through and through most of the selling of the russian shares boy only institutional funds. russia's biggest companies plug in and see how are generating sector gas from and germany's are that we are to create a joint venture with plants across the continents earlier spiegel magazine reports that the russian gas not only could become a key stakeholder in our w.e.e.e. investing as much as fourteen billion dollars are the needs cash as it seeks to develop new sources of energy and that's after the german government decided to abandon nuclear power. well that's all the business news we have for you right now join us for another update in about thirty minutes and then time save for the headlines with bell.
12:28 pm
12:29 pm
it's like it's not like. keep. it. must be soon which bryson if you live. from dallas to impression. he starts hot seat.

37 Views

info Stream Only

Uploaded by TV Archive on