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tv   [untitled]    July 16, 2011 12:00am-12:30am EDT

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paper of him banks fail stress test for not being water tight enough to withstand another financial hammering while in the u.s. time's running out and dealing with the swelling debt. rupert murdoch loses slips hands on both sides of the atlantic the screws tied now in a media empire build on peddling sleaze and targeting victims. maybe as bank balance of power shifts as the u.s. joins others in recognizing revel authority and allows them absence to put up these caps.
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is a.t.m. in the russian capital you're watching r t with the arena joshie welcome to the program eight out of ninety european banks just failed stress test on whether they can withstand another financial crisis we're in italy which hopes that result might help with fend off its spiraling debt costs along with a seventy billion euro cuts which parliament passed on friday but as r.t. sara first reports there's only so much that can be done before the people take power into their own hands. as the clouds gather binns bag battle continues dark times could now lie ahead. while everybody. is afraid for the future if you think countries like italy looking on increasingly unstable ground cammy you're
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a right out this financial still this is really something quite frightening if indeed it really really goes into big trouble on the financial markets this is certainly a totally new face of the euro crisis you mention here a fairy tale with all too appealing countries chips save themselves for a bite of the g.c. apple and now many are left with quest saying taking the bait. not bad i mean. after more than a decade of great businesses like badasses they've been hit hard the center shopping street in athens is still bustling the problems with the economy means that many businesses here in greece are simply caught on. during the year in many european prices and for many of the members we could colonies it didn't mean
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european wages if one fought hard for another year of skeptics who wanted danger from the start they have become the unlikely heroes in this tale just who the hell do you think you people are you are very very dangerous people indeed your obsession with creating this euro state means that you're happy to destroy democracy you appear to be happy for millions and millions of people to be employed and to be poor console billions so that your euro dream could continue if you rob people of their identity you wrote them a bit of ocracy but they are left with is nationalism. gods you know waking up to the reality of the nightmare that is the euro is a political prison for for countries such as greece and they need to be liberated from their prison recreate their own currencies have devaluation make their exports cheaper make it easier for tourists to visit their countries and they'll get back
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on their feet greece ireland portugal italy spain tilman eight continue to topple the year and it seems there will be no you happily ever after south that's the athens. and all the other side of the atlantic president obama has warned out the u.s. is running out of time to deal with its own death crisis the card as dr roger of one hand for a says american politicians can camp or hansa lucian's to the deficit. and there's a personality conflict between the majority leader and the president which is quite unique and this has been taken into the public avenue of discussion once that happens and trust is lost between the leaders it's far more difficult to secure an agreement behind the scenes if you cut spending you're going to also impede economic growth because the government is one of the largest employers if you bring troops home and stop the wars you also have
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a problem with employment as the servicemen and women come home these are classic economic problems what's required in the u.s. is a drastic program of infrastructure development and public jobs to guarantee wages and on interest loans for average americans italy defaults for instance in europe it will be impossible for northern europe to bail out italy that will take the u.s. over if the dollar significantly loses value when the u.s. is unable to help europe that will in turn take the u.s. down the japanese no more have do not have sufficient liquidity to help this time around as they did in two thousand and eight the euro is intrinsically weak one is not a competitor for the dollar the ruble stands to be fairly stable given russia standing as a major energy producer a natural resource giant on the world scene so the ruble should remain relatively stable the dollar however has nothing to go down against except frank and if you look at the dollar and the franc that monetary relationship is an all time low and
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that portends trouble for the future the best two currencies probably other to weaken kroner in the swiss franc at this point gold is over traded and as we saw in two thousand and eight there can be a paradoxical drop in the price of gold during a market market crisis so betting on gold is a highly risky proposition. it was an r.v. coming to live from moscow on the way the press that's now making rupert murdoch see red we ask if the scandal engulfing his a pyre will sway readers away from the tasteless tabloids. i think it's absolutely triage is those space in this world for it all it will go in there. are these resident takes the streets of the big apple to ask around to stay with us to find out what others in new york think. is under fire on all fronts and is losing the tannins on both sides first he's u.k. boss eventually quit now is
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a long serving right hand man in america is going to use corpus creaking under the phone hacking claims of murder victims and possibly the nine eleven attacks but as an associate you know reports readers appetite for sleaze will mean the tabloids survive. sex drugs cheating and lies phony political scandal flashing dirty laundry brings the need up celebrity gossip and crime stories almost beyond human imagination. over this is served on a platter and sold for a couple of quarters by its outboards headless male and all those. mums in the freezer. i thought that veteran journalist michael steele was one of millions falling for the bait and catchy headlines even though he knows the business inside out in america we don't break the law per se but they do have sleazy tactics i mean they will slant a story they probably make up sources i mean when you read them
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a source. who is it many times they can just make up the quote themselves and they say joe queenan said a lot of times i feel they're just inventing his quotes to back up the thesis of the story fascination with scandal is almost religiously observed in the u.s. and great britain we are both countries and both media environments and gossip sells and there's a tremendous interest in celebrity both countries are of was after rupert murdoch's news of the world newspaper phone hacking shocker broke in london his empire stretches far and wide across the u.s. as well let's not forget he owns the new york post the wall street journal and the deal to protest outside rupert murdoch's big apple pad protesters demanded an investigation into this publication that whole we know what murdoch does in england because he was caught and we want congress to investigate what he was doing here in the united states we don't know if newspapers or other people in this country yet
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but i see no reason to put it past them so how far from potential public embarrassment do american newspapers stand but the ones that are owned by rupert murdoch without question the new york post. is one of the most hideous deceitful. tools of criminals that there could be when it comes to getting scandal sold in the u.s. counting on the readers short attention span as a common publishing trick jennifer aniston brad pitt have gotten together about forty two times so far this year and i haven't seen them photographed together since two thousand and six they're able to keep selling and repackaging the same story that isn't even a story no publication would admit to paying for. information but that's also often a technicality what a lot of mainstream news publications can get away with doing is even though they won't explicitly give someone money in exchange for an interview someone might set up a terrible organisation and then the news will happen to donate twenty thousand dollars to that charitable organisation the culture of sensationalism in the process
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putting the future of journalism on the line the anglo-american style is it's trashy it's ribald there's just sort of this snickering tone is very american and you know we're a juvenile society we're young society i don't really know what the brits excuses i mean they've been around a long time but. we blame it on them because we're their children while some will always remain fascinated by tabloids as rights continue to sell others have reached a breaking point and i don't have that great of a sense of what happens in britain but i know it's pretty bad here and there are a lot of people who are really upset about the culture news in america and just how little information seems to get out in between all the gossip the press has to be vigilant and in the united states the press has fallen asleep and archie new york. it's easy for a man to take the moral high ground over them or pay for a suspect reporting but the truth is sleaze sells harvest asks people in new york
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if news corp's nightmare is enough to change reading habits. how did tabloid journalism become so influential and so popular in today's world this week let's talk about that i mean people like to read about other people's business. you know. newspapers have to try to compete with the internet. with up to date you know. i think it's absolute trash there's no space in this world for it at all i hope they'll go under but they're not going under they're increasing in power i don't believe that this is going to be the biggest takedown ever rupert murdoch is going down i think it's more of a pop culture based audience and so the journalists kind of cater to that and in turn it's kind of fun for them to be easier to attack this isn't
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a terrible i mean it might be fun but it's still criminal acts it's horrible i hate journalists you know whatever that whatever it takes to get the story whoever they want you know do you do you have that attitude at your job no not at all so what makes journalists special and they're not special there are the opposite of special they have no scruples we have of them are true because. people. you know if they like. this now in journalism space today what's true but never believe the media's. if you're just going to keep getting worse probably do you think journalism like that is bound to spread around the world and become as rapid as it is the britney i do unfortunately it really isn't journalism i mean there is no logical reason that you're garbage the bottom line is that if
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the rampant popularity of tabloid journalism in the u.k. is any indication the rest of the world. paired for their own journalism to get a lot dirtier. the united states and more than thirty other countries now recognize the libyan rebels as being in charge declaring colonel gadhafi regime illegitimate the alliance of nations working on the crisis and nouns that would deal with the opposition until an interim authority is in place the recognition by the contact group gives the rebels at sisterhood off its assets frozen by the u.s. but mideast peace expert dr franklin lamb told us that nato is just running out of options and able to oust the lead your leader. a lot of questions about who these different factions who are arguably now fighting among themselves for power in the in the east what role ultimately be their relationship with the americans
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who have a long history you know judging their allies and good of themselves involved but i think all of this is because they don't accept or afford a defeat nor can the white house so they're using the disposable conference to mock mock summarize pressure of the khadafi government. so i have for you on r.t. india is always on and flowing we report on how the countries steaming it had with an extremely wide awake workforce also. then i am well off a russian orphan who's used his talents he off to find his long lost siblings. special floating cranes have arrived at the side of the volga river tragedy to begin the operation of lifting the bulgaria which sank in minutes last sunday out
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of the two hundred eight people who were on board one hundred fourteen have been confirmed there. while fifteen other remain missing two people have been arrested in connection with the disaster the head of the company which operated the boat from and the specter who certified it as fixed seal faced charges that's led to the deaths arrest warrants have also been issued for the captain's two cargo vessels which pass the sinking ship without stopping to help. now let's take a look at some other stories from around the world and start security forces have killed at least thirty two people across syria during what is believed to be the biggest protest since the uprising began a march twenty thousand people gathered in the mascot's alone for a friday of freedom prisoners in our of those jail during the anti-government damage president asad attempted to hold a national dialogue to quell the protest but it was boycotted by senior opposition figures. china wants the united states to cancel
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a private meeting between president obama and the tibetans spiritual leader of the dalai lama chinese officials say it could interfere with the country's internal affairs and harm china u.s. relations leaders are expected to discuss dalai lama's hope for tibet to be semi autonomous but stay would have china's borders. the afghan president is mourning the death of his have brother who was gunned down by one of his own associates on tuesday it was a car a virtual political figure tolerated by nato despite suspicions of he's going to change organized crime or his military contributor things the lack of a unified u.s. agenda and again a stand led to the killing. as this a nation of cards i have brother in kandahar is more just a personal loss to a crowd as i clan in afghanistan ahmed wali karzai who was in fact the roller of
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kandahar or actually the whole of southern afghanistan personified american policy in this country behind a population centric counting insurgency first tried in iraq and then replicated and propagated in afghanistan was in fact a interagency turf battle between the bandwagon the state department c a s b i and d. e a all the u.s. agencies you know afghanistan have been all careening at cross purposes what was a victory for cia promoting carves our brother in southern afghanistan was a total failure and defeat for ever and be a in their uphill battle to fight against corruption and drug trafficking in afghanistan at the end of the day they see
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a victory personified in karzai brother fortune and his sudden death symbolize the death of american policy illusions you know afghanistan. now if you want the best in life you gotta put the hours in am it's something indians know all too well and they are reaping the benefits by working harder and longer than their western counterparts i deserve an english who joins the new delhi rap race. it's a busy city with busy people india is a rising economic locomotive still what's the driving force behind its success it could very well be that people like. both are co-directors i was small one import company called divine and his indians have developed a strong liking for french and spanish language is young men are working overtime to fill their glasses you have to be very flexible with their working hours.
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engineers were globalization and because of all you know you interact with so many people from abroad especially america you know europe so. we can fix timings where we can say we're only going to work from nine to five but people in britain for example can and do say that seven spent years working as a business consultant in the u.k. and he says brits watch that clock closely and britain people leave a five o'clock and they won't stay later because i go to trains or catch it for many years in britain and you have the risk that some people don't work in britain people don't work weekends it's changing a little bit now particularly in periods of economic recession. but generally it's a monday to friday as recently as just two years ago india had a six day long week the government has put in strict regulations regarding libor hours but that doesn't stop people from spending more time in the office than
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needed noticeable more significant difference between the kind of work culture in india and in britain is the pressure of people around to work above and beyond their control to the hours. everyone will do this irrespective of really if there's work to be done if there is a small enterprise to run then all state regulations go out of the window if sacrifices equal success then you have to meet them i wasn't ready for seven. working at them. it is an office working because the order has been processed being organized. because no one but what may seem a fine example of that occasion may actually. be in the office environment i think people are expected to do the job of two or three people. even though the contributors might say one thing which isn't always such
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a good thing because if you work such long hours it's going to affect your performance while europe and the us spend their money on fighting wars and their time on trying to figure out a way to get out of economic slump india is busy getting things done the indian way lord garnishes probably the most popular god in the entire hindu pantheon in india his supposed to bring prosperity and success to those who worship him but the success of indian businessmen should not be attributed to the divine help alone nine to five working hours just don't cut it here in the hospital long hours of hard labor but at the end of that hard work pays off it is those party new delhi. well we're on line around the clock whenever you want to update us on what we're covering and here's what else is ready to discover to be discovered arity dot com. the great escape a ferret monkey and a parrot make a run for it from a russian circus because of the weather blues the details are online.
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and it's happy birthday to the pioneering frodo now and discover more about the rocket has been a big boost to the satellites in space for forty five years. leading asteroids are inspired to become top in their sports but one russian golf prodigy has used his talent for a very different tracing his long lost brother and sister are these your abroad reports on a teenager's drive to use a fair way to find his family. he might have a smoother swing but from the outside nicholai looks no different to the pampered junior players in this hyper exclusive moscow golf club but this couldn't be
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further from the truth nico i come unless he was a new york when he was adopted by an american family you can never say that or for his life is easy you know and basically they're the they make you feel like it's nothing you're nothing to me when i came to united states i had a lot of problems emotionally he's an incredible young man he is someone who has taken on many challenges in his life and he's always overcome then came the gulf one day i just saw my dad something in a golf club in the backyard and he was a seven iron i don't remember exactly but i had no idea what i was i just was a piece of metal and i asked him what it was and and then he asked me he said you want to he didn't want to try and i tried it and i hit it straight. and he said you're playing golf despite making headway in sport because one thing nicholai could not get over when he me for the united states nikolai was separated from his younger sister and brother a more struck of them he rejected several school scholarship offers top u.s.
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colleges to play for the russian national team so you could search for his siblings . this year during a top junior tournament news about his sister my whole life. my dad and we have paid a lot of money to different companies to try to find her and then i met a family out of nowhere and they found there in less than two weeks so to me i never thought that i was ever going to see her again. reunited at last nicholai sister i was to see i was never adopted she's about to graduate from a school in a small town in southern russia. new when i heard him as my brother and i thought it was a trying to my friend played on. i don't remember my choice but i'm going to become close just because they just think i'm going to buy her a computer so that we can talk to each other all the time so that we never lose it i should get over it but then if i could add. back in moscow nikolai has won the
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prestigious series tournament and will compete against europe's top young players later this year but he says now his priority is finally his brother can only wish nicholai the best and his dream to become a professional golfer. whatever happens next he is already a winner either of their own. in moscow. bob be back with a round of our five days top stories in just a moment stay with us. if you.
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were there end of the boer war and going the way of the soviet union many people thought that nuclear weapons disappeared from. the risk is not zero that something might be going off by mistake specialist solves the nuclear weapons on hair trigger alert. focus of a difference to use it either as a threat or as an actor a bit but you know if you keep spending a trillion dollars a year on weapons of actually you're going to blow everybody up you you know people are dying from these were. it's not 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
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and this second sound is the equivalent firepower of the world's nuclear arsenal today. the. first three remove old hold of the clear cutting of the. second explosive charges collapsed in a third in the period. heard the remains are removed by machinery. finally on more good soil is deposited in valley field. forty two thousand americans die each year from car accidents only a thousand to. seventeen thousand people murdered and thirty two thousand will kill themselves cancer in all its forms kills five hundred sixty thousand of us
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a year part disease is even more devastating it kills over eight hundred seventy thousand americans every year. download the official anti outbreak a show on the phone called touch from the choose ups to. lunch all sheesh life on the go. see video on demand oxys minefield costs an r.s.s. feed sick now an apology i want to. push in on the. wealthy british style son holds a spot on. markets succumb to find out what's really happening to the global economy for
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a no holds barred look at the global financial headline is going to cause a report. the looming. just so. soon. if see. him a.

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