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tv   [untitled]    July 15, 2011 1:01pm-1:31pm EDT

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doesn't seem to care as long as they have someone loyal perrie empowered to deal with. dr franklin lamb a director of an organization called americans concerned for middle east peace says it's just another dangerous case of the u.s. misjudging an ally but lot of questions about who these different factions who are arguably now fighting among themselves for power in the in the east what walter might leave be their relationship with the americans who have a long history you know of misjudging their allies and go to themselves involved but i think all of this is because nato cannot accept or afford a defeat nor can the white house so they're using me to stumble conference to mock some eyes maximize pressure of the khadafi government. and of course we'll bring you the latest on this developing story here on r.t. over the next few hours now on the other side of the atlantic president obama has given us lawmakers thirty six hours to reach
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a deal on raising the debt ceiling there the deadlock has already spurred two of the three major credit rating agencies to threaten a downgrade of america's triple a status and investment analyst max wolff tells 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 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 that'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
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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 decided no increase in revenue is acceptable another side 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. you're with r.t. live here in moscow still to come this hour when passing by becomes a crime the captains of the two votes which were the site of the volga river cruise a disaster but didn't stop the help of facing arrest. and also still to come torture taught on u.s. soil when best to get other country which talks up its record on human rights is accused of training people to brutally violate them at home and abroad. the
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story still to come but first rupert murdoch has reportedly personally apologized to the family of a murdered schoolgirl whose voicemail was hacked by his newspaper the news of the world this comes after rebecca brooks the chief executive of murdoch's british newspaper group finally caved into pressure to resign over the scandal she's due to appear before a panel of m.p.'s next tuesday along with her former boss and his son to face questioning on the allegations of an ethical methods what is lower and it reports now on how the vultures are circling around on some pertinent parallels from a surprising source. i put every media outlet in town t.v. radio even the scary to when art imitates life the long running simpsons takes a shot at its owner rupert murdoch aka montgomery burns in an episode broadcast apparently coincidentally this week. but it's
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not the only piece of timing in the extraordinary phone hacking case that seems to get more scandalous every day the list of something like four thousand names which the police have had since about two thousand and four two thousand and five and yet they promise facie evidence of criminal activity by these individuals and boy by the murdoch empire and yet they have not acted on it so why now just as the murdoch deal to take control of satellite t.v. giant b. sky. sure to go ahead his rival the guardian newspaper releases catastrophic allegations of amoral journalists and their shady practices that when the deal collapses the times for example which currently loses money you could have transferred some of the profits from. investing in the times and if you are for example the guardian or the daily telegraph you would welcome it it's not just
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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. 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 all but shut down the press complaints commission and already talks of statutory controls to govern print journalists back in springfield mr burns is thought it as the townspeople open up their own
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newspaper and he's almost right we possible can truly the media because of rupert murdoch. murdoch found as did mr burns that you just can't borrow all the newspapers those outside his control have been gunning for him for years 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 rug 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 emmett. and 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 here's how the voting is going over at r t dot com at the moment on our website so far we can see on screen that most people are saying that their use reporting methods are outrageous and ethical and must be punished twenty
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one percent however we see that just over twenty percent think that it's ok as long as it doesn't cross the line. there on screen you can see that seventeen percent believe the approach is simply meeting the demands of the public while the rest say the trend mirrors society's move towards less privacy because to hear what you have to say simply log on to our website it is our t. dot com. italy is bracing itself for a tough round of belt tightening after its parliament gave its final approval for harsh austerity measures is part of efforts to prevent the further spread of the eurozone debt crisis which italy's finance minister has compared to the sinking of the titanic well for more on the eurozone debt troubles i'm now joined by patrick min for he's a professor of applied economics at cardiff university thank you very much indeed professor for joining us so austerity measures are now a done deal there in italy but they seem to have failed elsewhere so are they really likely to work there. well i think the problem is that. the
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eurozone rich countries like germany and france or particularly germany are not really willing to pay the bill for the bailouts of countries like greece and portugal and then if the risk of the default is seen as rising in the bigger countries like spain and italy even less are they able to pay the costs of the debt servicing that's needed and so there's no bailout really in prospect by these rich northern countries and therefore the other countries have to think of some way of getting by and that's going to be default and what does that mean does that mean eventually that they may have to even to drop the euro and go back to their original currencies. well i think that's the point if you look at argentina the argentinean argentina crisis is very instructive because they first of all defaulted and then they had to abandon the link of the past to the dollar the
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hardlink as it was called a hard person because they needed to devalue to get the economy going again and that's going to happen in europe i mean greece and portugal need to get growing again otherwise that is their situation is going to drift into worse and worse in ability to pay but if they do drop the euro what impact would that have on the eurozone and ultimately the whole european project itself the e.u. . well it's been a very ambitious project and from the start a lot of critics including myself said well you know it's not got much of a chance of succeeding in the long term with these very different economies of the south of europe in the euro and that's really what's happened that the south i think is going to have to break away and and get outside the euro and devalue and probably quite a bit go back to the drachma and the portuguese escudo and so on until
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maybe in the fullness of time they can rejoin but that may be quite a long time and that will make the euro. currency of the rich northern part of europe but i think that's where it could have succeeded all along if they had if they'd gone down that path it's interesting that little earlier saying that germany wouldn't be willing to carry on with these bailouts certainly the taxpayers in germany aren't happy about of the top but i was talking to one analyst yesterday saying actually germany could benefit very strongly from all of this and indeed put it in a very very dominant position in europe in the long term. well there are elite people in germany who feel that germany really ought to bail out greece in its own longer term interest and portugal that it in the end would get its money back and that is a tenable viewpoint but it's not one shared by either angela merkel all the taxpayers of germany and that's the problem the politics in germany has switched
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from being very pro you're very pro the european relationship to being much more hard headed particularly i think since the huge costs that they had in bailing out their own east germany can i quickly ask you about the latest event we just heard today finally we've heard that austria's largest bank has just failed to pass a stress test now is this an indication that countries that appear to be safe no being exposed to this debt and if so what are the implications here. well i think we've known all along that a lot of banks in europe in the north would not pass stress tests if these stress tests included the possibility of sovereign default because of course they've got loads of greek and portuguese and spanish debt and so there was never any question that one of the reasons why it might be in germany's interest to bail out greece is that it's if it doesn't it's going to have
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a banking crisis of its own and will have to bailout its own banks but i think the the judgment of the taxpayer is they'd rather bail out their own bank if they have to than keep on giving money to greeks who may never get to give it back to them really interesting to hear what you have to say thank you so much for joining us live in cardiff professor patrick linford from the cardiff business school thank you very much indeed. well in today's cross talk peter lavelle and his guess will be discussed discussing why the use leadership is so adamant about saving the euro it any cost and here's some of what's coming up in a few hours time heated debate in crosstalk. greece go bankrupt it would be good for greece it would be good for europe it'd be good for the world if greece went bankrupt and. pay their bills or stop the lie then you would have everybody would know it's a strong sour currency based on a strong sound economy why would i want to go bankrupt. in america we've had
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a safe. cities go bankrupt we've had carriers go bankrupt in the united states and it didn't in the u.s. so i'll tell you why because of the four hundred. fifty percent is held by german and french banks and those countries don't want to take a second in the financial markets is that simple. divers are finished searching for bodies inside the wreck of the pleasure cruiser bulgaria which sank within minutes last sunday hundred fourteen people out of over two hundred on board have been officially confirmed dead while fifteen remain missing the vessel will be lifted from the riverbed within the next few days and investigators hope a thorough examination will help determine what caused the tragedy so far two people have been arrested in connection with the disaster the head of the company which operates the boat and the inspector who certified it face charges of
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negligence that led to the deaths arrest warrants have also been issued for the captains of two cargo vessels which passed by the sinking ship without stopping to help and i spoke to the captain of the ship that did come to the rescue here's how he described the scene. as we were nearing the site we began to figure out how many people there were in the water although that was hard to do because there was a lot of rubble floating around as well and like it was very hard to pick out to the visual people from among the floating debris some people were in a dreadful condition many were injured they had oil all over their skin because when the ship sank the fuel oil came up to the surface and spread everywhere and covered them that made the rescue even harder because the oil made the victims greasy and hard to get a hold of to pull them on board seeing children in that condition that was particularly heartbreaking. and you can watch that full interview with the captain who many in russia are recording a hero right now on a website at r.t.
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dot com. the u.s. likes to be seen as one of the world's leading human rights advocates but at home it's faces growing accusations of hypocrisy tens of thousands of professional torturers have reportedly been trained on american soil over the past sixty years and it's claimed that many of them have used their techniques abroad as scaling ford now reports. it's been thirty years since colombian soldiers kidnapped be starved and electroshock tech there out east peace about all for having a quote subversive book. but it's a memory 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 tortured for. and then they get shot and kill many have been disappear hector says the colombian soldiers who tortured him and later killed his brother. and were trained right here on american soil at the school of the america and for benning georgia army major joyce
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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 assassinate. commonly. called 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 the. abuse 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
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does the geneva convention but they did happen there's no question that our country gauge and tortured so taught others how to do it we also rendered people sent people to prisons in other countries where they were in fact or truth there although congress demanded more oversight of military training programs and inter. investigation by the government accountability office showed 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 contained 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. the military aid and police aid was restored and after that it's been difficult to document to what extent that is includes teaching. techniques that are prohibited by law or by international law
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it's a legacy that sharply contrast with 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 practiced or 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. and he said damn right that he had ordered it. so you know it'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 beings but a society that supports torture is going to pay a price
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a very big price as well killing ford our t. washington d.c. . briefing that now some other international news and updates syrian opposition activists say security forces have killed at least seventeen people during anti-government demonstrations across the country that's as the country's police have reportedly used to. gas to disperse protests in the syrian capital friday's rallies appear to be the most widespread since the uprising began in march. thousands of taking to the streets of jerusalem calling for the recognition of a palestinian state it was billed as a march for independence the organizers saying that two state solution is the only way to put an end to the israeli palestinian conflict united nations is set to vote on recognizing palestinian statehood in september a vote that israel is strongly opposed to earlier this week the knesset passed a law banning boycotts directed at israel's illegal settlements in the west bank. and also dramatic images from croatia
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a huge five it's in golf in the island the bruch has forced hundreds of residents to flee flames and plumes of smoke that have destroyed forests and farms can be seen from the mainland have been caused by heat wave in the country would temperatures reaching up to forty five degrees celsius. to bring it up there for the not be but with a look at our main news stories in about six minutes from now meantime the latest business news is next with marina. hello and welcome to business here on our team now this hour we start with russia's largest bank which is expanding and see europe as burbank has agreed to buy their eastern european units of bank international and it's the first echoes asian all that's kind by every bank business artie's that has all the details. this purchase goes in line with their bank some bishops plans to become an international banking group that's how the bank care money grab says that by two thousand what seems
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better bank plans to generate up to seventy per cent of its income from international operations have also felt that he believes in the great potential of those eastern european countries where the world bank has the branches is that the banking market of such. public or nobody can move it generates it up to nine to five billion euros by two thousand and fifteen and it's more than russia's potential so the bank he just wants to use this eastern european union bank as a platform for its old international operations 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 or toxic assets there is no dependence on securities operations and almost no big corporate clients it could be called the bank for medium sized and small business those burbank plans
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to finalize the deal by the end of the year and that is just the beginning here must be upset that they old read the looking out some banking also in other parts of europe and in turkey. the results of the latest european stress tests on banks released late friday show the bank is just one of nine lenders to fail and it's selling some of its. banks in order to improve its balance sheet well richard haynesworth the general director of writing says the acquisition makes. for a bank. 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 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
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of the countries with less difficulty. to go say to england and so i want to open a branch and england but it would have more difficulty. let's take a look at the markets now u.s. stocks are in the blank that's the spire reports consumer sentiment plunged in july with many saying views on the current economy and expectations worsened. and in europe stocks ended the session slightly down as traders were cautious ahead of the release of those bank stress tests. and markets closed next after a difficult week volumes were the owners and many people were away on holiday and direction the move unclear now let's look at some individual movers on my sax the banking sector that quite well we went up by over one and a half percent the bank is currently figuring out the details of its purchase some banks of moscow bank was also off after news of its acquisition of bank and the
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country's biggest company gas problem went up five point three percent helped by gains in the oil price. russia will not make concessions over its tax regime for climate is to make membership of the world trade organization under the current rules manufacturers which make more than sixty percent of a vehicle iraq should receive financial concessions and this is intended to boost local production of cars and prime minister vladimir putin says the system is not open to negotiation. obama's insist look we dropped the requirement to sixty percent localization and production of three hundred thousand calls a year we have learned that our position cannot be changed but it's a riddler and we cannot cross because we cannot abandon the interests of domestic producers separately prime minister putin says there are plans to build a second lie over the eastern siberia pacific ocean
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a pipeline system for exports in crude oil to asian markets he also suggested another line could be added to the nordstrom gas pipeline which goes on the baltic sea and terminates in germany but he gave no time frame for either project. all that's all the business is for now the headlines are next with bill.
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admission free accreditation free in-store charge is free to make minced free risk free. to chide priests the old free blog cancelling video for your media projects and free media and on the hard t. dot com. we'll. bring you the latest in science and technology from the realms of russia. we've got the future covered.
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i just want to. live here in moscow top stories the over thirty countries including the u.s. officially recognized the libyan rebel council as the governing authority retracing unity of calls for gadhafi to give up the recognition would allow washington to sponsor libyan rebels with money from gadhafi frozen assets. u.k. phone hacking scandal gathers pace forcing the chief executive of the group owned by the murdoch empire to quit meanwhile questions arise as to why it's taken so long to confront the crisis despite police knowing about many of the allegations for years. and people take to the streets to protest against looming cuts in italy and they just country to be hit by the financial crisis that says the parliament to prosecute austerity budget in a bid to stave off the threat of
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a bailout. we'll be back with more on their stories more developed in less than thirty minutes from now meantime a special report on those you've seen the dangers of nuclear weapons and are taking it upon themselves to open the world's eyes a special report next. the fall out from the french tests went beyond the polynesian islands they caused outrage in new zealand which took the lead in the anti-nuclear movement and became a black sheep among western countries yes unlike any other country new zealand refused to rely on nuclear weapons for its security but here nuclear technology is banned it's the law. i think a lot of the young people do feel proud about new zealand especially free policy that people have come of complacent and feel as foreign we're safe there are these other issues here i mean a lot of people say people in the peace movement has had be sent out of names
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graveyards resounds and that's what people say. even in new zealand it's difficult to find young people concerned about this issue they are more sensitive to the melting of the antarctic and he wants to revitalize the ageing pacifist movement when i'm working at peace foundation and my role is to use outreach coordinator. in the race and they are going to tie he see to it being pacific a sophistical and basing all these amazing people from twenty seven different countries in the pacific and i felt for the first time in my life that new zealand was not remote and that we were big or you know compared to. some of the things out the pacific garden country. i was brought up in the higher the peace activist mother she's been around during peace activist the last thirty years so it's in my blood and i feel a responsibility to to come.

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