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tv   [untitled]    July 15, 2011 9:01am-9:31am EDT

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transferred some of the profits from. investing in the times and if you are for example. or the daily telegraph you would welcome that it's not just rival newspapers who stand to gain from murdoch's empire crumbling the b.b.c. could retake t.v. territory lost to b. sky b. and the labor party which was wounded by years of relentless attacks by murdoch papers can finally take revenge but where will all this lead be. you know. that would suit the government just fine the british press is famous for its sharp teeth and no holds barred doggedness particularly where its own government is concerned prime minister david cameron has shut down the press complaints commission and already talks of statutory controls to govern print
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journalists back in springfield mr burns is to water it has the townspeople put up their own newspaper and he's almost right we. can truly the media. rupert murdoch he is one beautiful murdoch found as did mr perkins that you just can't borrow all the newspapers those outside his control have been gunning for him think it is and this time they may have succeeded just as he gets set to consolidate control over a launch section of the e.u. case media markets the drugs being pulled out from under him and it's all over the hidden scandal now revealed that the police have known about it for years nor ever . meantime a brian a drawing who runs an independent television network in the united states says that rupert murdoch's global media dominance could be compared to some countries imperial ambitions. you can make an analogy i think on an international
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scale between what happens in take over so the united states and britain to go over iraq and who do they bring the power who they employ they employ slow slow slow and i think that same thing has happened in the tabloids where we have them immense power and again some murdoch and a few other parents and who they hire what they hire not painting every journalist with that brush but certainly if you look at murdoch well whether it's on television where you've got the most absence like o'reilly and hannity and the united states i don't know about britain. it's a whole culture of power and control and deception or an agenda and that gender i think is. going to powers flow through britain in the united states. to hear it out
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see we're asking what you think about the story on our website and whether you believe the tabloids tactics in getting a story can be justified that some of the numbers now here's how the voting is going so far over at all to dot com at this point most people are saying that these reporting methods are outrageous and on ethical and must be punished however thinks it's ok as long as it doesn't cross the line twenty three percent believe the approach is simply meeting the demands of the public while the rest say the trend mirrors society. of the city going to want to make sure you have your say. italy is bracing itself for a tough round of belt tightening as its parliament passed to finally approve harsh austerity measures and so part of efforts to prevent the spread of the eurozone debt crisis which italy's finance minister has compared to the titanic but as financial writer patrick young explains the government may find itself at loggerheads with the public that's death set against cuts. there will be one significant difference between the people who take to the streets between greece
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and italy and that is that in greece at least thank goodness the taxi drivers don't go on strike where is nuclei expected 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 impact 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 there are big problems in western europe they havens to be more definitely to the east and everyone must stop unfortunately expect further to the prices because the epidemic the contagion seems to be spreading and we have no political leadership seeming to do with. all
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the drastic austerity measures may make the situation in italy even worse that's according to a financial adviser and wealth manager mark hope your property. of course in the short term that my appease the markets but moving forward firstly is it may be difficult to actually implement these cuts as the british are finding over here but also severe austerity measures may well also tip the balance and push it back into into recession which again will will make the situation worse and and therefore make the deficit situation worse i think it went wrong really the outset of the whole euro project the stability pact which limits the amount of borrowing that countries can undertake has not been in here too and many countries and you're living well beyond their means for for many years all these countries have simply too much debt and it is very very difficult to manage that demi going forward if the markets keep dividing higher interest and really
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a situation of at least some of the european debt has to be on the table and will probably be on the table within the next six or twelve months. in today's edition of cross talk people a bell and his guests discuss why the e.u.'s leadership is so adamant about saving the euro at any cost or you know some of what's coming your way in approximately two hours time right here on out. let greece go bankrupt it would be good for greece it would be good for the europe would be good for the world if greece went bankrupt and run out of the house to pay their bills or stop the lie then you would have everybody would know it's a strong sound currency based on a strong sound economy why not let him go bankrupt listen in our euro in america we've had states go away grow here in cities go bankrupt we've had counties go bankrupt it didn't in the united states and it didn't in the u.s. start i'll tell you why because of the four hundred billion dollars a debt that greece has fifty percent is held by german and french banks and those
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countries don't want to take a second in the financial markets it's that simple. and on the other side of the atlantic a president obama has given the u.s. lawmakers thirty six hours to reach a deal on raising the debt ceiling the deadlock has already two of the three major credit rating agencies to threaten a downgrade of america's aaa status but investment analyst max wolf told r.t. that washington's addiction to debt is clouding both sides appetite for a real solution. america's been running on debt for years this is a disaster in the making and i would liken the situation here to a cancerous tumor inside a body there's no better time to cut the cancerous tumor out as quickly as you possibly can that said the u.s. government has been running on debt for many many years and we've been raising the
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budget the total debt ceiling for many many years as a budget issue and we've successfully had deals struck it has become the political norm in the united states that whatever party is in the white house has to ask to raise the debt ceiling it's always been raised in the past the party that's not in the white house it's out of power screams and yells for three or four days at most usually about how the government spending too much and should live within its means the debt ceiling demand gets raised and it's business as usual that's been the case for thirty years so we have one side in the congress right now that's the cited no increase in revenue is acceptable i don't know other side that has decided that not raising revenue is unacceptable and so we've reached an embarrassing impasse that has dragged on for weeks longer than it should and is the reason that we're going to see the growing chorus of foreign and domestic voices urging congress and the white house to stop riling already strained global markets with a political impasse twelve minutes past the hour now here in moscow you without so
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you don't forget that we have all the best videos for you you see them on the air you can also see them on our very own you tube channel and there's a plenty of extra content that check this out if you can watch stunning footage of captured by cameras affixed to the boosters of the space shuttle atlantis as a blasted off into space look on you tube dot com slash our teeth check it out and who knows maybe i'll click will be a cause for celebration as he approaches the over five hundred million. today. these are.
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welcome. now divers have finished searching for bodies inside the wreck of the pleasure cruise of which sank within minutes last sunday one hundred fourteen people out of two hundred on board have been officially confirmed fifteen are still missing the vessel will be lifted from the river bed within the next few days investigators hope that a thorough examination will help determine what caused the tragedy so far two people arrested in connection with the disaster the head of the company which operated the boat. without stopping to help. the captain of the ship did come to the rescue and here's how he described the scene. as we were nearing the. people there were in the water. there was a lot of. people. people were in
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a dreadful condition many were injured. because. everywhere you covered. the rescue even harder because the. children condition particularly heartbreaking. you can watch that full interview with the captain who many in russia are calling a hero now you can watch it right now i'll website artsy dot com. the u.s. likes to be seen as one of the world's leading human rights advocates but at home it faces growing accusations of hypocrisy tens of thousands of professional torture etc portly been trained on american soil over the past sixty years and its claim that many of them have used their techniques of broad scale in ford reports. it's been thirty years since colombian soldiers kidnapped be starved and
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electroshock tech there at east peace about all for having a quote subversive book. with the memories he relives every day people have survived torture in cologne that's why i'm very lucky to be able to tell the story most people get told to for the ston there and then they get shot and kill many have been these appear hector says the colombian soldiers who tortured him and later killed his brother. were trained right here on american soil at the school of the america and for benning georgia army major jurists of blair was an instructor there i was very much in favor of the school of the americas during the cold war era but major blair says he was horrified with what his former students did with their anti-communist training in their own country classified. army schools. use the words terror again next door sas and they.
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commonly. call it waits for. graduates from the school of the americas have been implicated in massacres and torture throughout the hemisphere of the more than sixty thousand soldiers and police to have graduated ten thousand of them have been colombia has been the largest user of the school of the americas i don't think it's an accident. abuser of human rights in that with some hemisphere the eighth amendment to the us constitution forbids torture and other forms of cruel and unusual punishment as does the geneva convention but they did happen there's no question that our country. tortured so taught others how to do it we also rendered people also sent people to prisons in other countries where they were in fact torture there although congress demanded more oversight of military training programs and inter. an investigation by the government accountability office showed
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that school of the americas manuals advocated using quote torture truth serum blackmail and execution the pentagon said it didn't know what the manuals contain because its staff advisors assigned to review them didn't speak spanish united nations special repertoire for torture one mendez himself a survivor of torture says a lack of transparency in the u.s. led to further abuse in the eighty's unfortunately. a military aide and police aide was restored and after that it's been difficult to document to what extent that he includes teaching. techniques that are prohibited by law by international law it's a legacy that sharply contrast with the u.s. rhetoric about respect for human rights abroad torture survivors and religious leaders in washington d.c. have come together to demand a full commission of inquiry into what they describe as torture practices are enabled by the united states including in its own prisons like one time obey and by the cia when president bush says that he waterboard and he would do it again.
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and he said damn right that he had ordered it. that's a very serious problem for the spirit soul of our country as the myth of how many prisoners were tortured by the united states are hard to find but survivors like hector's say the numbers don't tell the full story when someone gets torture not only the person who. has to deal with the big wouldn't because of those on the torture it's also someone who has to be humanized themselves in order through the human eyes and all of human being but a society that. is going to pay a price a very big prize as well killing ford r. t. washington d.c. . meanwhile the u.s. is reportedly running a secret prison at a training base in somalia filled by john mr jeremy scahill who says that he's visited the facilities he told us that by expanding its war on terror america makes you enemies. inside this dungeon prison there are no windows there is no sunlight
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there's a bedbug infestation according to prisoners who've been there mosquitoes all over the place the air is thick and disgusting some prisoners are said to be losing their minds some people have been held for eighteen months without charge without access to lawyers without access to the red cross in fact the red cross told me that they were not aware of the prison and that they have never been given access to it i know for a fact that journalists from several major american news outlets were aware of these facilities in mogadishu and it's for those networks to answer why they've never reported on it as the u.s. expands its military operations and its covert operations in somalia and elsewhere in east africa as well as in yemen the administration should be required to define for the american people exactly what laws are governing these operations there have been scores of night raids conducted by these forces in afghanistan in pakistan in
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yemen and somalia where innocent people have been killed or when someone that they meant to kill was killed but scores of innocent people were killed along with them so if we're going to get into the business of making assassinations our norm and that's really what these are assassinations then we need to be ready for the blowback because we're creating a whole new generation of enemies that wouldn't normally have been our enemies because we've killed people in their family especially those who have done no wrong and were the victims of bad intelligence now at twenty minutes past the hour here in moscow and despite treaties and agreements to reduce the number of nuclear weapons some governments still invest in perfecting their arsenals and so the danger will remain until people stand up against it in about ten minutes time our special report tells the story of citizen crusaders who hope to sound a wake up call for countries refusing to abandon their nuclear weapons. with the end of the 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
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by mistake especially nuclear weapons on hair trigger alert. because of the difference to use it as a threat. as an actual but you know if you keep spinning a trillion dollars a year on weapons of eventually you're going to blow everybody up you you know people are dying from these weapons but until we actually see it people don't wake up to nuclear weapons or a bill. that represents all of the firepower of the second world war this. is the equivalent firepower of the world's nuclear arsenal today. all right so you without it's good to have you with us today let's check out some other international news for you. the libyan contact group which includes the u.s. and over thirty other nations says it now recognizes libya as
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a main opposition to the transitional council as the country's government group also declared that colonel gadhafi regime is no longer legitimate you know what was made of a meeting in turkey and finding a political solution to the five month long conflict. in cairo to press the country's military rulers to put the prosecute people behind the killing of protesters during february's uprising activists are calling it the friday of last warning some of them camping in surreal square for a week a day earlier the country's ousted leader hosni mubarak denied their. crackdown against the. powerful eruptions. have forced hundreds of nearby residents to flee. spewed smoke. spreading panic no casualties have been reported so far the volcano has been on high alert for. some. time now for the business news with marino.
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hello and welcome to business here on araa now russia's largest bank is expanding into europe as burbank has agreed to buy the eastern european units of also as volks bank international and it's the first acquisition of its kind by a russian bank well for all the details let's now cross live to business i. was outside for a bank's headquarters hello to. what can you tell us about why a sperm bank is buying this business from walked into. this purchase goes the law in the with better banks ambitious plans to become an international banking group that out of bank care must be of help just that by two thousand hurts the bank plans to generate up to seventy percent of its income from international operations we have also said that he believes the great potential of those eastern
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european countries where both banks how their branches he's out the banking market of such countries as the czech republic all flock here will be generated seen up to ninety five billion euros by two thousand and fifteen and it's more than a brush with potential still want to use the eastern european union the whole book bag now they platform for its own international operations now and again mcgrath explains why they've chosen this particularly bank. bank is among the top ten lenders in the czech republic slovakia croatia and bosnia this is a traditional banking business there are no complicated structures are toxic assets there is no dependence on securities operations and almost no big corporate clients you could be called the bank for medium sized and small business. so bear bank plans to finalize the deal by the. year and just the beginning gamma
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graph they are already looking out some banking outfits in other parts of europe i've been trying to get back to you now. thank you very much that's the that was the town of balakot are reporting from headquarters here in moscow. now say it was for a bank richard haynesworth the general director of restraining believes it has made a sound strategic decision. the buying at the bottom of the cycle of the business cycle which means that asset prices are low. in a position to buy it is cash rich the strategic benefit is that it gives you a foothold into the european union banking regulation in the european union is such that if you branch in one of the countries you are able to open branches in other of the countries with less difficulty. to go to england and say i want to open
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a branch in england it would have more difficulty. well let's take a look at the markets in europe they are in the black bouncing back from a week starts of friday traders remain cautious ahead of the release of bank stress test results due out later today. and it's a similar story in russia as you can see right now where both the arts yes and of my sex are in positive territory the mood remains cautious and let's take a look at some individual movers on my sex back and sector is there well as all the bank is currently figuring out the details of its purchase of bank of moscow is burbank is also off after news of its acquisition of. international in eastern europe that we've just told you about and the country's biggest company gas from is up slightly helped by gains in the oil price. russia will not make
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concessions over its tax regime for carmakers to gain membership of the world trade organization under the current rules the manufacturers which make more than sixty percent over vehicle in russia receive financial concessions this is intended subdues local production of cars and prime minister putin says the system is not open to negotiation. we dropped the requirement to sixty percent localization production of three hundred thousand calls a year we have a little position cannot be changed but it's a riddler and we cannot cross because we cannot abandon the interests of domestic producers. now separately prime minister putin says there are plans to build a second line of the eastern siberia pacific ocean pipeline the system for exporting crude oil to asian markets he also suggested and other line could be added to the nordstrom gas pipeline which goes under the baltic sea and terminates
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in germany but he gave no time frame for either project. and that's all the business news for now will have more in an hour sign and the headlines are next.
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for the full story we've got it from. the biggest issues get the human voice face to face with the news makers on. morning news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. giant corporations are on the day. wealthy british. margetts. find out what's really happening to the global
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economy in. five thirty pm on friday with. chief executive of the group by the end of quick questions arise. from the crisis and despite police knowing about many of the allegations some. people take to the streets to protest against. the latest country to be hit by the financial crisis the parliament is set to approve a key austerity budget. the pleasure cruise is now going to. focus now on the area around the site of the
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sinking of the boat. one hundred fourteen people have been officially confirmed dead fifteen still missing. special report on those who have seen the dangers of nuclear weapons for. taking it upon themselves to open the worlds. the nuclear age is the first sixty years oh. i can describe exactly how an underground test was. there were three two one zero almost you couldn't hear anything about there was no noise at all but the ground lifted up. we live under the threat of increasingly sophisticated weapons. in two thousand one hundred eighty eight states parties to the nonproliferation treaty signed on to a statement providing for an unequivocal undertaking to the total elimination of
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nuclear weapons it has been set back by principally the united states but not alone russia france china the u.k. all have their share responsibility. disarmament agreements are not being honored. what is happening now it is is that their owners entire countries are able to write a draft shod over the internet and all because there is insufficient body of protest from within that country ordering them to these basic principles. french polynesia thrust into the midst of the nuclear tests. and when we accompanied them to ground zero with guns pointed ready to fire who are we going to fire at i wonder the issue clearly crabs problem. you have with anybody there was a russian or american invasion i don't know what end of the cord war and the going away.

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