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tv   [untitled]    July 21, 2011 12:00pm-12:30pm EDT

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the greeks we go to the ground imperial truly the torch was the push coromandel you can a little closer mosquito it's a duty to go on a clear road as the colonel was a child as a retreat. tonight on r t struggling to save the euro e.u. leaders are in brussels to hammer out measures to tackle the greek crisis what many say with a debt epidemic spreading it's the very future of the single currency that's a stake. meanwhile the troubles of the terrorist firing state from wanting to join as serbia proposed to extradite war crimes fugitive have each to the hague in its latest attempt to become a member of the law. and investigations into the u.k. phone hacking scandal intensify with even more political figures coming under scrutiny now and public betting on who the case might bring down next.
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hello it's eight pm here in moscow you're watching r.t. with me kevin and this is first of all a you leaders have gathered in brussels for an emergency summit on how to come up with a promised cash for a second greek bailout but the epidemic is spreading with italy and spain now showing the first symptoms of serious debt a sense of impending doom indeed fills the air as our seas daniel bushell reports that. the single currency will be good within two years warner lists the european debt crisis there's a really. serious threat in. europe might surface integrate politicians in richer states have been voters refuse to foot the bill well i don't think i've ever met anybody in the united kingdom in london my constituency that actually wants to contribute to the continued existence of the hero because i think it's a stupid idea to start with and it's just chucking money down the drain pulling the
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plug on those states could trigger a chain reaction. greece believe investors can no longer of void quitting the euro. that in turn will spark the exits of portugal even italy and spain. ireland portugal everybody said ok the bug is going to start there over the last couple of weeks we saw that also. spain over germany italy with germany started to go wrong europe's top banks hold billions of euro greek in portuguese debt if those countries go bust they could lose that money. we might see scenarios like a bank run that 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 admits german chancellor angela merkel that's raising tensions across the globe not all of them three times those at the moment the most visible most obvious the eurozone problems but on the other side of the atlantic you have the u.s. economy in the session with some very weak economic figures and suffering as well. as. the u. leaders could sign the warrant for the single currency here at the summit if again they fail to do a deal and halt the spreading your. experts fear public plan it will take over denying them control don't you see brussels. and the crackdown frightened those keen to join it as we report later this hour. with the east bill struggling to keep its head above water there are still some country that are ready to get on board or some commentators to compare climbing on the titanic it started thinking.
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from a financial times correspondent david blog we're told is not only the euro that's going down either i don't believe the european economy is all the united states have yet to really become and to get to grips with the very grave collapses occurred after two thousand and eight. lot of pain therefore is is facing is going forward. from and also the appointed view the sooner we start to get to grips with that and take some of the austrian measures necessary the better we will have to recognize in the process that we are a lot poorer than we thought we were in two thousand and seven this story is that the euro as a phenomenon is in quite serious danger. and for a war for the world of finance as well bit later today check out the latest edition of the kaiser report which are full of people in the us will rise up against the
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big banks. 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 mubarak step down with matt the americans saying don't leave until obama forms a presidential commission to investigate whether or not there's financial fraud. next night investigations into the phone hacking coast that's rocking the u.k. growing by the day with ever more questions being asked of key figures in political media and police circles and as the scandal intensifies in perth threatens careers across the board parties there were reports now on how the case continues to haunt not just rupert murdoch but the u.k. prime minister david cameron as well. this is the most humble.
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i'm enjoying this. who will supply 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 fingers in ears and just a kind of heads in the sand and that is lethal for a prime minister and he's now in a real fight isn't a real really bad situation could well be looking at some serious consequences for himself at the very least still around him betting shops of slack 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 cameron sickly the last forty eight hours when the. committees have been going on behind us. and we've seen cameron over the last few weeks fall
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from one hundred to want to be the next cabinet member to leave to forty one years and he just slightly crept up into five to one today as a result of his statements 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 piii and saved only by his wife's right hook despite profuse apologies to victims of his own newspaper's 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 kusin 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 simple tain is. working for the metropolitan police politicians and police under fire for cruising up to and
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colluding with the murdoch empire and in the wings cameron sparks rival ed miliband is limbering up to step into the ring was so that the country and how the leadership we need why why doesn't he do more why don't we do more than give up our apology and provide the full apology now for hiring mr colson 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 before this he was and he was. on camera because none of the damaging political issues that were circling the government actually stopped him the scandal has forced resignations all round top executives at news corp and the
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u.k.'s two most senior police officers many are asking why the prime minister shouldn't be next for knockouts david cameron promised a full service 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 so it's far from clear who can survive the ground still to come and remain at the top of the media the police and the government nor and. the storm out of his communications director of american n.-g. o. free press a frank you for being with us tonight on the betting shop so here shorten the odds on david cameron's chances of staying in office would you take that bet as well would you think you think the prime minister will resign anytime soon. i wouldn't i wouldn't make that bet but i would i would certainly enjoy watching it
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play out. you know it's there's been a very cozy relationship between media and government throughout western democracies it's no less true in the united states but it is in the u.k. . and what we've what we've seen is is sort of a laying bare about relationship in a way that that everybody suspected but now we now we can see that it's that it's that our suspicions are proven true scott bloodbath little roman gladiator ring isn't it i mean murdoch far reaching influence on the world of politics and well and truly exposed now obviously really no still other more revelations you think to come out. the only surprise would be if there weren't more surprises. certainly. certainly intrigued by the way this is playing out what's very what's been very interesting to me is the way the british media have been paying
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attention to this and it's a really good example of what happens when you have a very vibrant and even even combative media culture where you've got many competing voices in the media arena something that we're seeing less and less of here in the united states and that's what i find particularly troubling to think good talk is surprised by how this is out of he says he's deeply shocked to think that these people knew about it. well i'm not a friend of mr root mr rupert murdock's but from what i've heard from those in the know he's a very hands on manager he he loves the newspaper business he loves he loves being a big player in the media. you know i i certainly wouldn't say that it's for certain that he knew but if he didn't then i've heard some some some bogus information about him when he said it because casualties now in the long run going
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to be media freedom to say that what's happened here has put media freedom in danger do you think freedom of speech in britain will survive unscathed after this story. well it's a great fear that it won't and it's a legitimate fear typically what we see is when these scandals in crises happen that the reaction is to take a sledgehammer to kill the fly and you know i'm not i'm not going to compare this particular scandal to a fly because it is fairly significant but if the reaction is overreaction and that there is call for greater regulation of the press then alternately that that augers poorly for democracy at large we've got we've got a sort we've got a situation where everybody is up in arms and they're running around like their hair is on fire and if the reaction is is to do way too much to solve the problem that we have then then certainly we've got reason to be concerned just briefly
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murdoch's now back in the u.s. of your poems going pretty photograph in the u.k. parliament is that likely to change attitudes to where you are. you know the fact of the matter is that news corp properties like fox news channel and the in the new york post bar very politically polarizing to begin with so there are people who will defend tooth and nail rupert murdock's and there are people who are right now laughing themselves to tears bad at his at his situation right now so i don't think it's going to change a lot of opinions right now in the united states the paul political culture is so polarized that there are very few people in the middle who don't have an opinion. i can see them being being somewhat turned off by what's transpired and what we've learned about what's happened in the u.k. and there is suspicion that something similar or to
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a lesser or greater extent has been happening in the united states if in fact it is found that the allegations that news corp properties were looking for looking to hack the telephones of nine eleven family victims or victims' families that is going to be a storm the likes of which you've never seen in the u.s. communications director of american n.-g. o. free press thank you for being on tonight. i still to come on the program time to say goodbye. taliban has grown as a result of continued u.s. presence in southern afghanistan to get expert opinion on how the pullout of u.s. troops from the country could improve security there. just imagine this piece is about four and a half billion years old like the air. space rocks but it's cosmic passion or is it the pursuit of profit well we explore the lies behind the meteorite fever that spreading in central russia. service expecting progress on its bid to join the
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rest of war crimes suspect go and how they should have been a key hurdle in the road of membership that still need clearing had to be extradited to the hague on saturday. paul snow from the serbian capital belgrade. it was the government's very much to the west the public opinion actually does differ quite significantly now the last time i was in belgrade at the end of last year i spoke to the deputy prime minister here and i asked him why there's still such a government drive to this membership and he said that they really see this as a chance for serbian people to have quote 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 as to that they're also very disillusioned with the government's policies and the way that
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they've handled this whole partnership and dealings with the e.u. they feel the serbia is being made to jump through hoops and it was there feeling all these the monster put on them by the this thing very little in return. usually gets nothing whatsoever. so we have got many many more hoops to jump over before we can get anywhere close to. the ship the e.u. has always linked thirty years. with the full cooperation with the hague and we've already heard from president credit that he feels that they have felt the moral and legal obligations to the hague so it's going to be very interesting now to see with this latest directive had it whether or not the e.u. is going to respond not just with words but with actions that's it seems that with the arrests serbia really has called brussels bluff. there's plenty more on our website as well including the latest news blogs and expert analysis in fact here's
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what's on my view right now tonight about to go into the ring with a different sin the lion's den a zoo world has pledged to spend five weeks with his family of big cats but hopefully won't be their lunch she'll be the midwife who got more about online tonight also passions and fashion run high in some places drugs dozens of glamorous contestants put on their high heels for one hundred meter sprint sprint find out what private girls were chasing on our website r t dog called there they go. afghan forces have taken control of another area of the come through from the nato forces in the ceremony in the western city of herat it's the fourth of seven regions being handed over to afghan control this month this continues the transition of nationwide security to local troops and police the cue to finish and twenty fourteen balance recently spiked in afghanistan with insurgents targeting regions being handed over but the taliban will be so eager to fight once foreign forces are gone says j. dilla burke so it's nafta and war veteran
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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 they're going to be the be fighting it's afghans figure to see an afghan peace process take place because afghans generally speaking don't want to scilly 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 confront wants to be taken seriously by the population generally speaking the afghans are better off with governing themselves without the united states and coalition forces providing security for them because as we've seen we
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have unintentionally killed a lot of people and i think that 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. elsewhere across the globe the u.s. has announced it will send aid to families somalia but only if it shore deliveries want to be hindered as they pass through islamist militant controlled areas the un has declared a state of famine in southern somalia when only four million people are now in big starvation a devastating drought caused the crisis said to be the worst hit the region in decades and says to meet in the stricken country needs over one and a half billion u.s. dollars in aid right now. for elderly kenyans and we give you legal permission to sue the british government over alleged atrocities committed during colonial times claimants allege they were systematically abused in special comes to crush them out rebellion against british foreign office says it should not be held responsible for the actions of a colonial administration. atlantis is back to earth for its very last landing
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after almost a fortnight in orbit the touchstone brings to an end thirty years of the american space shuttle program atlantis is the last shuttle to be retired and to be put on display at the kennedy space center any future missions by u.s. astronauts to the international space station will rely entirely on help from russia. sometimes you have to dig deep to reach for the stars that's the least that at least is the case in central russia region where meteorite fever spread in recent years you hear me right now he's on a boy jumped at the chance to catch a falling star. they don't believe in aliens and 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 he charging through the galaxy. this is the oldest matter you can hold in your hands there is
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a theory that meteorites are part of planet's core just imagine this piece is about four to have billion years old one the earth this valley about three hundred kilometers east of moscow is their latest pitstop about ten thousand years ago the local to stick a heavy pounding from an audience shower creating the most brutal metre of ground in central russia is this covering two thousand was a pure accident. if you get the dog kids help with the draining after excavators left a local resident was passing by he noticed a rather strange broken picked it up a rock lay idly in his bomb for two years until research program brought me to write some t.v. and sent it in for testing. within the next few years about the tons of meteorite material was discovered here somebody unlikely out of the nation he's on our staff he's the only dog in russia trying to hunt for rocks from other planets in many
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ways meteorite hunting is a lot like gold digging you have to spend weeks in the wild hoping for stroger thought but in today's prices searching for these accidents or restaurants can be more profitable than even the good old gold fever marcion know lou when i meet her rights 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 need to write collaborators the base and about russia got the law x. ray to fax or terrestrial rocks ten percent of their value must be paid to this. still some delusions try and dodge the need for a tax base for talent hall was uncovered earlier this year at a moscow airport on its way illegally to the czech republic for some their fallen stars my father is easy to write an increasingly becoming blazing hot new commodity . now just stay cool in the hot summer sun will
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obviously use that bike and take a look at how these water babies put their a spectacular skills to the test fill a few trouble for me and mess about for myself and i can run from here in russia but all the babies they want they will miss all the fun of the subset of more of the sport front in twenty minutes time very nice to have time off work to do it i say. just over ten minutes from now with the road between paris and moscow being paved with gold we are the subject of our interview after dimitris brought you to business. thanks karen hello and welcome to business artsy minority shareholders of preparing a lawsuit over b.p.'s failed bid to partner ross now in article expiration shareholders of one a russian court ruling ordering people surrounding a multi-billion dollar deal to be revealed this will allow them so you value the damages if you fail to strike the deal this spring as the shareholders claims
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b.p.'s a russian joint venture 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 which this would have done and as a result he didn't get to participate in this partnership might have had lawsuits. and lawyers for minority shareholders say they could claim from five to ten billion dollars in losses however in ivory four goals you believe it's too much. it's going to 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 by the siberian courts is that they've now got the permission to get further evidence. so you get the markets now and crude has seen a very volatile day in the light sweet as blood saying with the one hundred dollars
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per barrel mark just five cents short of that reports on inventories are actually pushing prices higher although chinese manufacturing going down is limiting these gains proven even higher than that so if the stock markets and they open strongly outsells the morgan stanley to produce more than expected was a lot stronger financial stocks bank itself is up around six percent jobless claims have however come out with a slight increase but a lot of the drivers coming from europe as they can look at europe then chancellor merkel and french president sarkozy agreed on a joint approach to greece's debt crisis had a very e.u. summit so the footsie on the dax are up point eight ten point one percent respectively as of the closing picture for russia then and markets saw a pretty hefty boost by the end of trading r.v.s. up one point nine percent nice one point six percent this is all reports low
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unemployment rates accelerated retail sales and. if we look at some of the individual movers on the mice i see the energy shares were doing pretty well as the world recovered gazprom or one point seven percent of the close burbank was down most of the day but managed to gain one percent of the close and was added half a percent by the end of the session after gaining five and a half the previous session. it's been a really rocky market over the last of the last few days and everybody is watching what's happening in europe you can the euro zone governments find a longer term solution to this ongoing saga with the peripheral europe. countries in particular greece and today is the day. to day is the day where eurozone countries are supposed to come up with a long term solution which they do but it's going to be respect on and you're going to see russia really break if they don't. you know there is a potential disaster scenario that will make people very very nervous and the you know most of those traders actually the markets started off well. and then there's
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a little more if you doesn't carry through this in the recovery of the european because the actions. the markets rallied and. the national front burner capital with its market got a clock is ticking for the u.s. to resolve its debt problems a very it's a raise the debt ceiling could mean a default on its massive obligations concerns this will harm russia's international reserves a quarter of which is held in u.s. bonds now we've recently spoken to jacob now from morgan stanley russia he believes there's nothing to worry about no u.s. treasury secretary will allow the u.s. to default on external obligation so if the debt ceiling doesn't get raised then what will happen is the u.s. will skip some domestic payments however if the deal that is done doesn't satisfy the credit rating agencies there is a chill over ratings downgrade and that may have an impact on the treasury bill it may have an impact on the price of tea but also that may have an impact on the
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value of russia. we don't think it will have much of an impact because the depth of the u.s. team is so big it's the cool source of funding of low risk assets for so many companies so we don't expect it so significantly with the price. business news now comes next.
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the nature and discoveries museum in the. the the communication with the wyoming. test yourself and become free in the sea water nature can give you. the. jump the official ulti on flick a she choked on the phone called touch from the top story. which all she life on the go. video on the moment she's mine old comes an r.s.s. feeds now in the palm of your. question.

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