tv [untitled] July 21, 2011 10:00am-10:30am EDT
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ability to move goldman joins me that shows the i love you that's the great way to turn the branding period during the george was to score a loan will you turn the letter till close to the church of civility to go in all corners of the city to kill was her job as this career treat. struggling to save the euro even the leaders around brussels on how morality measures to tackle the greek problem system while many say with her debts academic spreading it is the very future of the single currency that's at stake. meanwhile the e.u. troubles think tire aspiring states from want to join a serbia for has to extradite war crime fugitive hundred to the hague and its latest attempt to become a member of the law. and investigations into the u.k.'s phone hacking scandal intensify would be the moral for the school it is coming on the scrutiny of public
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betting on here the case might bring down that it's just a. very welcome see this is the line from moscow e.u. leaders have gathered in brussels for an emergency summit on how to come up with a promise counts for a second greek bailout but the epidemic spreading with italy and spain now showing the first symptoms of serious debt a sense of impending doom fills the adams aussies are no reports. the single currency will be big within two years warner lists the european. there's a really. serious threat. to disintegrate. the eurozone might collapse it's already too late to save the greek economy according to a majority of leading economists and experts paul doyle see greece is really going
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down the drain completely the depth is this collating the deficit is out of control and i could give you the analogy but they were like somebody with a bully problem or a drink problem. it's a cultural thing so now we find ourselves with someone with a drinking problem but with a huge debt as well and the problem will only ever get worse until you actually confront reality and say look they don't fit in the euro as they're not going to fit together with germany in one single your politicians the richest states refuse to foot the bill but i don't think i've ever met anybody in the united kingdom in london market stations who actually wants to contribute to the pile out countries like greece and italy and contribute to the continued existence of the hero because i think it's a stupid idea to start with and it's just money down the drain pulling the plug on
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those states could trigger a chain reaction. greece believe investors could no longer to avoid quitting the euro. that in turn will spall the exit of portugal even italy and spain. ireland portugal everybody said ok but it's going to start there over the last couple of weeks we saw that also. spain over germany italy with germany start of the. europe's top banks hold billions of euro greek and portuguese kids if those countries go bust they could lose their money. we might see scenarios like a punk. rock means that people will run to the bank in order to withdraw their deposits because they believe that the bank might not be able to pay them the
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euro's facing an existential crisis of its german chancellor angela merkel that's raising tensions across the globe rather than the problems and those at the moment the most visible the most obvious is clearly the euros or problems but on the other side of the atlantic you have the u.s. economy well the recession showing some very weak economic figures and suffering as well you leaders could so on the best warrant for the single currency here at the summit if they fail to do with the spreading your of experts fear public panic will take over knowing the control the new bush will see brussels. and the crank so frightened to join it is reported later this hour. with the east those struggling to keep its head above water there are still some countries that are ready to get on board and what some commentators have compared to climbing on the titanic after it started thinking. form our financial times
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correspondent david cardwell says it's not only the euro it's going down. i don't believe there's either the european economies or the united states have yet. really begun to get to grips with the very grave collapse that occurred after two thousand and eight. lot of pain therefore is is facing is going forward. from last year point of view the sooner we start to get to grips with the out and take some of your steer measures necessary the better and we will all have to recognize in the process that we are a lot poorer than we thought we were in two thousand and seven the story is that the euro as a phenomena is in quite serious danger. with a crisis raging across the atlanta because well check out the latest edition of the kaiser aboard disease in the u.s. we're going to rise up against the big banks that's in the next hour but here's
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a taste. they're encouraging at least twenty thousand people to show up on wall street occupy wall street and don't leave just like the people in tahrir square didn't leave and told their demand that will bark step down with the americans saying don't leave until obama for a presidential commission to investigate whether or not there's financial fraud. causing to the u.k. now investigations of both king case that's rocking the can't you growing abideth day with ever more questions being asked of key figures in political media and police calls as the scandal intensifies and its impact threatens careers across the board r.t. the remick reports now on how the case continues to who are not just rupert murdoch for prime minister david cameron as well. this is
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a humble. i'm enjoying this. who will survive the phone hacking scandal and keep his job cameron comes under fire for hiring andy coolth and former editor of the now defunct news of the world he's accused of encouraging his staff to hack into private voice mails there's been a large amount of. just a crowd of heard in the sound and that is lethal for a prime minister and he's in a real fight in a real really bad situation he could well be looking at some serious consequences for himself. those are still around him betting shops have slashed the odds on cameron being the next m.p. to quit the hacking they offered one hundred to one at the beginning of the week but just five to one three days later in the last two weeks or so we've seen a lot of money go on camera but particularly the last forty eight hours when the.
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committees have been going on behind us. and we've seen cameron over the last few weeks fall from one hundred to one to be the next cabinet member to leave to forty one years just slightly crept up again to five to one today as a result of his statement in the house where we thought he gave quite a good performance on choose day it was murdoch's turn for a close shave attacked by a protester with a party and saved only by his wife's right hook despite profuse apologies to victims of his own newspapers unethical behavior he had no intention of stepping down himself. what's less clear is whether david cameron remains the best person to lead britain out of this crisis of confidence he hired schools and who in turn it was later revealed was being advised by another ex news of the world hack neil wallis if that wasn't enough he was civil tain is. working
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for the metropolitan police politicians and police are under fire for cruising up to and colluding with the murdoch empire and in the wings cameron's arch rival edge miliband is limbering up to step into the ring so the country can have the leadership we need why why doesn't he do more why doesn't he do more than give a half apology and provide the full apology now for hiring mystical sense and bringing him into the heart of downing street. commentators say the prime minister came out on top in wednesday's round in the house of commons when he was grilled by m.p.'s over his relationship with news corp but the fight is far from once you know . he is damaged for grace. and tough on camera because none of the damage that was the government actually stopped
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the scandal has forced resignations all round top executives at news corp and the u.k.'s two most senior police officers many are asking why the prime minister shouldn't be next for a knockout david cameron's promise of fulsome apology if it turns out and he calls in light to him about his involvement with phone hacking but some say that won't be enough when it's over and we are a long way from that it's far from clear who can survive the round still to come and remain at the top of the media the police and the government nor and. can you based radio hey sam seeder billy's rupert murdoch's days at the top of his media empire are numbered and it's political ambition that's been his downfall. i would be shocked if he is still at the helm of news corp. over the next couple of months and i think we're going to see actually
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a reversal of this i mean murdoch was in many ways a throwback and. professor jay rosen at n.y.u. has as basically said that this was not a a new company it was a media company that has a news division that essentially functions as a lobbyist as a lobbying arm for that media enterprise and i think murdoch wanted that political power and i suspect that anybody who takes over from murdoch and we don't know who that will be but i'm sure there will be somebody will see this this pursuit of political power just for the sake of political power to be antithetical to running a good business. for the plans no ahead this hour including time it to say it. be and it has grown as a result of continued us presence in the southern afghanistan. we get it takes that opinion on all the polls out of us chiefs in the country could increase security
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that. just imagine this piece is going to florida half a billion years old the earth space is wrong but if it comes to action or procedure for profit week still what knives find the meteoroids or fever that is spreading in central russia. also coming from countries causing trouble for the european union to others to hate into joining it so he is expressing progress on it's a unity gratian based following the arrest of war crimes suspect gordon had it that have remained he had told the ship that still needed clearing anichebe extradited to hake on saturday will also use arafat's reports now from the capital belgrade's . it was the government's very much to the west that public opinion actually does this quite significantly now the last time i was in belgrade at the end of last year i spoke to the deputy prime minister had i asked him why there's still such
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a government drive to membership and he said that they really this as a chance the serbian people to have a normal life well the people here in serbia only have to look at what's happening right now in greece in spain in italy to see quite clearly even a ship is not going to be the answer to all our country's problems now add to that that they're also a very disillusioned with the government's policies and the way that they've handled this whole partnership and dealings with the e.u. they feel this serbia is being made to jump through hoops and it was their filling all these demands that are put on them by the this thing gets very little in return . and what it usually gets it has nothing whatsoever. got many many more hoops to jump over before you can get anywhere close to membership the e.u. has always linked serbia's membership with the full cooperation with the
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hague and we've already heard from president parrish that he feels that they have the moral and legal obligations to the hague so it's going to be very interesting out see with this latest directive had it whether or not the e.u. is going to sell not just with words but with actions that is it seems that with the arrest serbia really has called brussels bluff. more to find on our website including the latest news a blog an expert about this is his work online right now and onto dot com. delivery with a difference in the lion's den is close to spend five weeks this family of cans it will be their lunch they will be then they put one plants. passions are run are. dozens of glamorous contestants put on their high heels for a hundred meter score and find out what prize for girls are chasing us on our website our team dot com. now the security hands over in
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afghanistan has gone with responsibility for the first season being transferred from nato into the hands of local forces the whole transition process is scheduled to last until twenty fourteen opted out the remaining foreign troops in afghanistan will only be in support roles such as training local police violence recently spiked in the country with insurgents targeting regions it being handed a back to the type of odd ways that you get to fight once foreign forces are gone that's according to afghan war veteran a member of the rethink afghanistan movement. the taliban has grown as a result of continued u.s. presence in the southern afghanistan so by the u.s. leaving you're going to see the taliban basically not want to fight as much because there will be fighting it's afghan syria see an afghan peace process take place
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because afghans generally speaking don't want to silly fight with each other they just simply want to live in coexist for the most part as the taliban comes into the peace process comes into the afghan government the taliban will begin to reconcile itself with the population and become more congenial simply because it has to if it wants to be taken seriously by the population generally speaking to afghans are better off with governing themselves without the united states or the coalition forces providing security for them because as we've seen we have unintentionally killed a lot of people and i think we would be foolish to sit here and think that the u.s. is leaving we're not leaving there will be permanent u.s. involvement in nato involvement for a long time. well elsewhere across the globe this hour in the u.s. has an altitude will send aid to famine hits some of that but only if the show deliveries going to be hinges as they pass through is the business of controlled
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areas the u.n. has declared a state of damage in southern somalia where nearly fill million people are in danger of starvation a devastating drought has caused the crisis that's because it was to hit the region in decades its estimate of the stricken country needs as one of the hot billion u.s. dollars in aid. for elderly kenyans have been given legal permission to sue the british government eva alleged atrocities committed journey alone you'll torrence the claim and say they were systematically abused in special camps and start to crush the moment rebellion against british rule authority office says it should not be held responsible for the actions of the colonial up ministration. island is. for its very last landing after almost a fortnight in the touchdown brings to it and thirty years of the american station . atlantis is the last shuttles retired and is to be put on display at the kennedy
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space center any further missions by u.s. national something i have sest will rely entirely on help from russia. are sometimes you have to dig deep to reach for the stars that of these is the case in central russia is the design region where nature right fever has spread in recent years ours is a grown up we can jump at the chance to capture a fallen star. they don't believe in aliens of a time machine but they do spend most of their time looking for extraterrestrial matter that will take them billions of years back in time most need to write hunters in russia do for profit but some still see it as their way of heat hiking through the galaxy. this is the oldest matter you can hold in your hands there is a theory that meteorites are part of planets core just imagine this piece is about four and a half billion years old not the earth. this valley about three hundred kilometers
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east of moscow is their latest pitstop about ten thousand years ago the local fields took a heavy pounding from an audience shower creating the most fertile metre of ground in central russia is this covering two thousand was a pure accident. if you did just with dog kids help with the draining after excavators left a local resident was passing by he noticed a rather strange broken picked it up the rug lay idly in his barn for two years until the sort program brought me to write some t.v. and sent it in for testing. and then the next few years about speak tons of meteorite material was discovered here some would be unlikely out of the nation he's on our staff he's the only dog in russia trying to hunt for rocks from out of planets in many ways meteorite hunting is a lot like gold digging you have to spend weeks in the wild hoping for a stroke of luck but in today's prices searching for these acts trying to wrestle
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rocks can be more profitable than even the good old gold fever marsh i know lou when i meet her rights we are in high as the money can cost two or even three times their weight in gold the biggest findings usually gravitate to the united states and western europe where most me to write collectors are based and will russia battle x. rated faster terrestrial rocks ten percent of their value must be paid to this day still some dealers try and dodge the meter right tax base for toll on hall was uncovered earlier this year at a moscow airport on its way illegally to the czech republic for some their fallen stars before other east meteorites are increasingly becoming a blazing hot new commodity kind of way the art scene. so how do you stay cool in the hot summer sun will obviously use an aqua guy just because of these allusions that tankless skills to the test the fail if you travel thousands of
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kilometers to mess about in the water of moscow for an activity that's rapidly gaining momentum in russia don't miss all the fun in the song that and much more of course in all sports round up in around ten minutes time. i know those kind of relations business with dmitri. for the full story we've got. the biggest issues get a human voice face to face with the news makers. and
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i would warm welcome you watching the business update on our team i normally shareholders of preparing a lawsuit over b.p.'s failed bid to partner ross never in arctic exploration shareholders have won a russian court ruling ordering papers around the multi-billion dollar deal to be revealed this will allow them to evaluate the damages the abseiled to strike the deal this spring as to be shareholders claimed b.p.'s russian joint ventures should be the primary vehicle for exploration in the arctic. the board members nominated by b.p. didn't make it clear there was an opportunity for corporations to do so would have done as a result the b.p. didn't get to participate in this partnership might have had lawsuits. lawyers for minority shareholders say they could claim from five to ten billion dollars in losses however in ivory from goals that he believes it's too much this could be
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very hard for them to really establish that there's been something that's been done that's wrong and that's led to that sort of sort of a financial loss my suspicion is this is all part of a commercial negotiation trying to get something that's the purpose of the decision side here in court is that they've now got the permission to get further evidence. u.s. has come up with and eleventh hour plan to resolve the deadlock over instead ceiling it's hoped the plan will help the country avoid a technical default includes a deficit cuts of four trillion dollars and calls for tax increases of one trillion but the chief strategist of bank chris we first says there might be a gap between promises and real cuts. i think government makes too many cuts and raises taxes perhaps too severely bendy could cause a double dip recession they could cause some substantial slowdown in u.s. economic activity which would of course hit the u.s. federal budget and then exacerbate the problem so they have to be very careful not
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to introduce the cuts to violently or to quickly so be a very tricky balancing act and that's why i'm not expecting even the four trillion dollars cuts i really don't expect those to be put in place for a very long time i think that's what we're seeing now are promises of cuts in order to get a deal done but there's a very big difference between promising a cut and actually making it and i think the implementation of the cuts will be very much linked to what the indicators are of economic growth in the u.s. . as we move to the markets now been very volatile today we have to say was seeing a drop now it's positive up thirty seven so it's a light sweet bread just six cents that's all reports of the contraction chinese manufacturing still limiting those small want to stock markets and first look at the opening picture in the united states and a very strong opening that's after morgan stanley reported this more than expected also the loss driving financial stocks forward the bank itself is up almost six
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percent jobless claims have come out however i would dislike increase but a lot of the drive in the united states is also coming from europe european markets are therefore in the black boxes chancellor merkel and french president sarkozy agreed on a joint approach to greece's debt crisis head of today's summit. point eight percent here in moscow for you know minutes of trading and we're seeing a huge boost for the u.s. and for the my state there are one half and one one percent respectively unemployment rates accelerated retail sales this positive data is pushing the markets forward gazprom managed to pare losses and now it's up twenty three percent . this burbank however still one of the few lose among blue chips down just a notch ross telecom has been a very volatile stock it's running on speculation could be completely sold of private investors on wednesday game friday so the ruble could be on
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a downward slide of research from the high school of economics a lot of you can leave this just in the russian currencies ready for devaluation next year according to them it's weakening is inevitable. physical volumes of russia as a player constrained and prices stable so you would just continue the trend of stable prices and the same with all that let's say saloon for all the input we do we anticipate well for across twenty five percent year over year and if you combine those two players you will see of that in the second half of the or next year russian called the code will stream below one percent of g.d.p. of their four straight news unstable situation so it will be one percent in the fall in the second quarter it will be zero list what it will be minus what is the fourth quarter that is definitely the real territory for instability over them sort of them and historically we saw it in ninety eight or four thousand. of these below one percent for sure of course is the ratio. all right that's all from the business
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the. communication with the why don't. test yourself and become free and. see what nature can give you an on see. if. you. download the official policy of acacias on the phone called touch from the i choose i'm still. a child she. says video on demand on t.v. is money for old costs and the s.s. feeds now an apology i want to. question.
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