Skip to main content

tv   [untitled]    July 22, 2011 8:00am-8:30am EDT

8:00 am
time to. go. to the. markets. find out what's really happening to the global economy in her report on. these leaders agreeing on a second bailout for greece spog fears over the new union delving deeper into debt with experts predicting it's now up to grow the economy has to dominate global supply not say it's. skepticism over joining the union so despise officials so you can be rest and poor now on route to the hague will soon card belgrade's links and membership. and the phone hacking scandal is just the simpsons to say americans probably put model braces for legal battles in the u.s. what people feel like case is yet more proof of widespread neglect of the rights to
8:01 am
privacy. a very warm welcome see this is the live from moscow fest this hour a major u.s. credit agency says it will downgrade the greek debt to default stages as a result of the second bailout for the country with a plan agreed by e.u. leaders includes both governments and private loans take laying around a hundred and fifty billion a year as well to move this boost to the single currency for the now of course it's a is on the plunging the struggling there is aid into an even deeper debt hole more detail now from all these down who personally joins me live from brussels daniel already a downgrades on the horizon is this just the first of many consequences of this new bailout plan. well president sarkozy of france has come out and said never again of
8:02 am
course we heard the same thing often the first three bailouts germans really are willing to go through with this while they're putting a brave face on it question remains how much can we believe what they're saying germans have come out jaglom of the same is the significance that the. package is there good for you or as a whole and good for germany and that is. his duty he said. greece now we've seen that. being convinced that you are stronger from this crisis. there was no quick solution to this and it would take successive difficult and different steps of the crisis european stock markets have rallied on the news that is the usual reaction it is the last around the week before slipping back. page as you say. bring greece is the level to strengthening
8:03 am
cools here for a new european credit rating agency of three global agencies. these are all american and they will be a good. boy so one of the terms. for a new european credit rating agency private investors aren't happy with this deal they're expected to stump up around fifty billion euros and also provide new forms of greece which is something they're not going to be happy about and in fact already expected to fight by experts here but the real problem of course is that it doesn't tackle the issue of the unsustainable some call it that. euro zone states so greece people protesting against the really very painful cuts that are being imposed on it's just last week it's really posed a very difficult package which has been met with fury by the italian people who have. an evil thoughts of a very difficult very conventional reaction from them and paul to go from is the
8:04 am
had to quit when he unveiled austerity proposals which were rejected by the country's parliament and there are fears that spain will be next so there's a lot of concerns around europe but the rest of the world is continuing to go on as before there are good signs from emerging markets latin america asia the rest of the world so something that people here are keen to stress is that the european markets even if they do fall for the rest of the world will go on and may in fact take the burden of. proof in the world economy on its own shoulders. to home many thanks for that update on your personal they're reporting for us from brussels. now calling economic agendas touching young says the bailout is little more than high than won't stop the domino effect from the debt crisis. more money
8:05 am
has been thrown at the greek economy in the hope that that can stop the contagion but really a lot of it just looks like hype and i'm very very concerned that we haven't actually find a cure we've just got another sticking plaster what really the european union are trying to do here is they're trying to stanch the blood but flowing that money that's flowing out of the greek economy that can has been kicked down the road the danger of contagion still leaking to other countries such as ireland portugal even italy and spain are there and therefore we don't have a cure what we've seen so far unfortunately by code words and whole works to not inspire confidence in markets and that has got to be some degree of a problem for the euro and the longer chart. knock downs of gloom and doom reports he's now in time this is the failure of the european economy would not need the financial world's. yes big market economy markets are not growing rapidly where the american economy growing very rapidly
8:06 am
export markets for china precise and that can american country central asia. and of course also africa's the middle east and so i don't think a crises in europe would be easy. for the asian region. we're always eager to know what you think about all stories in the question the world today who wins the most from the euro crisis the results of course on all websites all it seems are right now opinion is actually quite divided as you couldn't see now on your screens a whole lot of you will be george soros in this but i've still crave these will reap the rewards of the troubles what a third of you believe in china cashing in on buying up outrageously cheap assets and now all this is between two options either the us wins most with them on its
8:07 am
forms higher than ever or the european debt is themselves supernal got away with paying less well no gone sour to call that's our you all say on this issue. we've gone on media mogul rupert murdoch seems to have come through the parliamentary hearings on the phone cracking down the relatively. but he now faces legal challenges in the us where the frenzy over his employees unethical behavior is taking a difference how many americans say the embattled media empire has done nothing more than reflect national attitudes that no longer valued people's privacy he's got to just account has the story. as the scandal over phone hacking by the murdoch media empire rages on public and political theory has mainly focused on ruthless tabloids out of control prepared to invade people's private lives and even the chance to get the story but some say in this day and age the whole concept of
8:08 am
privacy is falling apart and in the u.s. more rapidly than elsewhere every time you tap on your cell we're click on legal or use your meal service everybody sort of just clicks through that you agree to our terms and conditions well those terms and conditions are very very heavily weighted against you and your privacy because we see breaches of privacy happening. regimes all across america all across the world really and every sector surveillance is rampant but really this is all a microcosm the biggest surveil are all which is the state here's little americans can do with the state having sweeping access to their private information axes that followed the nine eleven terrorist attacks under a new law known as the patriot act asana law his privacy was taken away from him in two thousand and two when he was detained find the f.b.i. for absolutely no reason he says here and scrutinized for months without charge is
8:09 am
response for nine years he has voluntarily documented nearly every waking hour of his life on the where he has subsequently even turned it into a form of art sealed the toilet i've used so you know the over here for example you know that on sunday november twenty fourth two thousand and seven i just heard i went grocery shopping at safeway over there were seventeen i got gas over here he posts copies of every debit card transaction so you can see what he bought where and when a g.p.s. device in his pocket reports his real time physical location on a map and this is the shot he took on his way to our studio which was immediately out loaded on his website hassan says his extraordinary abandonment of his own privacy stems from the ignorance of the authorities but in the year they decided well that guy looks a little different so he must be arab and if he's arab then he must have explosives everyone knows that that's the logic we're operating we we realize how ridiculous
8:10 am
that logic sounds but when your country when your own country takes that on as the basis for national policy. ignorance as the basis of national policy is a pretty scary situation. and that's how i got caught up in it for her son privacy has become a rally of the past and he says he's not surprised they drove a list or anyone else really would use the same surveillance tactics as the street in that sense it might be of no surprise that the chief architect of the future in act the lawyer who put it together happens to be one of murdoch's hand-picked music for gore directors didn't serve as assistant attorney general in the bush administration and was described by some as the purveyor of the most sweeping curtailment of freedom in the u.s. since the mccarthy era at a time when corporations and the government can easily hack into people's private life it doesn't come as a surprise when for example social networks give your personal information and
8:11 am
companies or when other industries leave on reaching people i would see in the u.s. it's so widespread and people have gotten so used to it that rupert murdoch seems to be a perfect art of the system rather than some special bill and with corporation has been undertaking some unique all lawful practices because here in america they are not so unique i'm going to check our reporting from washington our team. meanwhile with murdoch's empire forming a halt in the scoundrel not just in britain baltar around walls later we reported on murdoch's news corp selling its a majority say good russians biggest to advertising company or the details of this not in our business but this in and around ten minutes. so it is lost a war crime suspect goran hadzic is on his way to the hague officials in belgrade hate his caption an extradition will clear the way for the ship but is almost the
8:12 am
surface reports the politicians desire for a year acceptance is not said by the man on the streets. the last of the war crime suspects wanted by the un is heading to the hague it's seen by many as the last obstacle to serbia now claiming. that some of the process. once again the government keeps. its fulfilling new demands are coming from brussels but people are not feeling any benefits from it they're actually feeling that things are becoming worse as a result of support for e.u. is dropping so there is a growing gap between. the borders and the government that stands and it will probably continue to be an official government poll just out shows the pulpit even and not serve at its lowest ever why is that when police portugal italy in many
8:13 am
cases are now struggling for the people here no longer believe that. he said to whom that probably all show. many have relatives and. patients. this is a disillusionment in serbia is becoming apparent willingness to bend they get back with egypt. so we could be next on the east leg with another major sticking point is due to the study is failure to recognize breakaway cost of belgrade that will never happen despite many member states pushing for exactly that president but it certainly is moral and legal obligations have now been built the song remains the
8:14 am
same as well. i mean it hasn't changed hasn't trances the idea through. his interests and. the rest of the koran had it certainly most removal of a major obstacle for serbia and its rates to e.u. membership. it's still a long way to service is it that is part of the deal will be easy now he does so i think well great. i round the clock but there are always more stories to be found on our website and it's on me like. here's a sneak preview of what lies in store things that i was showing you also for the politicians in moscow could be a messy business especially for this glamorous screamer wait anything at all now i hear all things very little else to watch dozens of russian made calls and they do it all in the name of that the prime minister will say.
8:15 am
amazing pictures of russian call signs performing tricks i've never seen before and more of the time really is. just a click away and online galleries find the most awesome dot com. forty two thousand americans die each year from car accidents to thousand. seven hundred thousand people. and thirty two thousand will kill themselves cancer in all its forms kills five hundred sixty thousand of us here heart disease is even more devastating it kills over eight hundred seventy thousand americans every year. wealthy british soil the sun. sometimes cuts.
8:16 am
the. market. why not what's really happening to the global economy with my stronger for a no holds barred look at the global financial headlines tune in to cause report on our show. we'll. bring you the latest. from the in. the future however. i am. i am.
8:17 am
led to the bit washington is reportedly considering both doing its military support of nato his campaign in libya eliza's all the plans again for more surveillance drones claiming it's running out of targets all its own raised five months of that strikes or that some of the rebels maids who support say are abusing human rights a british newspaper claims a grave has been discovered in an opposition controlled area will be also in the fall the innocent life post get out the troops it's all is a recent report by human rights groups that rebels are involved in losing also on a neighboring systems of units so chanted as an independent journalist and spokesman for the person civilians for peace in the libyan reasons he believes
8:18 am
native manipulates media coverage of the campaign to justify its goals. i think really fundamentally there's been a problem the way nato the nato nations and their media have related to these so-called rebels i mean these rebels have been conducting mass lynchings of black people throughout the first several weeks and months of this crisis and i raised this directly in press conferences and the answer was what silence it was uncommon in the media before because this does not fit the narrative since the one nine hundred ninety nine nato aggression against yugoslavia which was we are conducting these wars not for geopolitical control and domination of monopolization of mineral wealth but for humanitarian reasons so how can it fit the narrative of these rebels which nato and the nato countries are supporting lynching black people conducting all the atrocities they can use in the gadhafi side of conducting but actually the rebels are conducting these things so it doesn't fit the narrative. wow going
8:19 am
elsewhere in the world today much of videos been released in the central syrian city of homs under attack from security and isis to say government troops were firing machine guns and dragging people from their homes in a series of arrests becomes a security is being beefed up in the capital and find out he's against president assad's police killed thirty do you think across the country last friday june largest protest of the anti-government uprising began in march. and they've loaded double decker bus which bus into flames in china has killed forty one people see examples he managed to escape or take the hospital with one said to be in a critical condition it's still unclear what caused the blaze than a destination is on the way serious challenge accidents of frequent in china due to bad road conditions and even those of vehicles. islamize revels in somalia
8:20 am
have accused the u.n. of exaggerating the scale of famine and drought in the region they say the ban on international food aid to the country is still in place despite that pledge the food agencies expelled last year could return the disaster hit areas un on a wednesday declared a famine in two regions of the country saying almost four million people are at risk of starvation. offloaded benches clear strong vistas and stalling a wild usually in around an hour's time we'll take you on a tour of the year the mountains and all special report messrs. discoveries. communicate with the wind and. test yourself and become free. what nature can give you on.
8:21 am
ok that is the way the news is out here on r.t. right now the let this is update with dmitri. welcome to the program rupert murdoch's news corp has sold its seventy nine percent stake in russia's biggest outdoor advertising use out or sells advertising on billboards public transport and other services in ninety russian cities the investor management's bio deal is said to be worth three hundred fifty million dollars experts say the real value is closer to two hundred seventy three two companies that use corp has had at stake for sale for five years after the company decided to pull out of the russian market the new owners say they plan an i.p.o. to recoup their investment. russia's economic growth is slowing despite high oil prices the economics ministry says their country's g.d.p. increased around three and
8:22 am
a half percent in the second quarter compared to more than four percent at the beginning of the year however the outlook for the second half is brighter. in the first half of this year the ministry of finance ran a tight fiscal policy and the central bank started typing monetary policy in order to get inflation back under control and they've done it inflation peaked at nine point four percent in may and it's their fault is that the harvest comes on to the market and in advance of the election fiscal policy. turning from being tight for money a surplus to being expansionary and running a deficit so i think that you'll see this fiscal stimulus on the back of the tightening labor market in the better news from construction agriculture push second half growth up strongly so i think that this is just the last. the last outcome of the central banking industry find it's a tight first half policy raj is there going attempting carries in front of north korea to scrap its nuclear ambitions that's good news as gazprom is preparing
8:23 am
a plan to start gas and the reason the country if the country shuts down its nuclear program they only points out north korea could need ten billion cubic meters of gas annually and the two countries may build a new pipeline however gazprom has no spare capacities at the moment such a deal could be concluded no sooner than and twenty sixteen. signal to the markets this crude is climbing up for a fourth day versus hope for growing demand optimism in europe and the u.s. will deal with the debt situations also the international energy agency says it won't extend the release of oil supplies european stocks are trading strongly in the back supported by the greek deal the new bailout should help the countries that supply by a six leaders of the e.u. empowered their four hundred billion euro rescue fund to buy that of stressed euro
8:24 am
nations that's intended to prevent the crisis from spreading to other members he also made detailed provisions for limiting the damage if the credit rating agencies declare the full. signal to the markets now here in russia and they are still makes the r.t.s. is just point one percent on the my six is down third of a percent some stocks are seeing profit say he has a trading week comes to an end as regulator those stocks then energy majors are benefiting from gains in the oil price was not as of more than one percent norilsk nickel slipped into the red despite posting a seventeen percent increase in net profit for last year no one sack is up zero point four percent on the reports it's in negotiations with germany's energy concern b.w. with a sales twenty five percent in their limits its cola stalled is edging lower as improvements in sovereign debt problems have played the best appetites for gold related stocks. which he's in russia have been mostly affected by the turmoil in the e.u.
8:25 am
and the us but really national been our capital says it's time investors look to stocks reflecting local trends. what's been driving russia so far this year has really been the oil price it's been what's happening in europe what's happening in the us but you know what will drive russian stocks over the longer term and that's how investors should think here's what's actually happening in russia and you know reforms in the financial sector for growth of russian funds pension promises some of the reforms that are taking place in the utility sector you know these prove provide an underpinning to russian stocks that will last longer than europe with the latest headline that comes out of bloomberg so i'm looking for stocks like spare bank like the little itty sector like some of the consumer names right now nobody take i would put into that into that category as well you know stores that reflects what is positive about rush limbaugh's changing in russia there's going to be volatility in all of those names becoming what's happening elsewhere but over the longer you know i think you should invest into the russian story not into what
8:26 am
may or may not happen in the senate in the u.s. or between yours or governments in brussels russian companies are getting broader access to overseas markets the federal service for financial markets as decided to allow them to list up to one hundred percent of their shares a border previous limit was just twenty five percent designed to spur local demand for stocks however officials admits the limits failed to help instead russian firms that held placements using offshore vehicles when seeking to raise cash import easing will not relate to strategic prices. russian copper duction is returning to pre-crisis levels automobiles made the country jump fifty seven percent year on year the number of important cause also jumped sharply despite high tariffs. one temporary some is a fact the rubles a lot stronger so the price of oil is going up but the ruble strength thing everybody's worried about the dollar everybody's worried about the hero everybody worried about stanley and he's worried about the ruble it's actually done very well
8:27 am
so now all imported cars are like ten percent cheaper than they were from that of a holiday period for local boss and that's obviously what will take effect but the other factor is the russian people want to provide these prone fellows so that there's a big dinner for all of us and you know in a way. to quality products and if i can afford it and abroad. and business as he will be back in fifty minutes time with number eight alison is next with the headlines just about six. weeks. you.
8:28 am
feel. to the limited to just say to please. six or. feel. the summit. thanks. me thank.
8:29 am
you. lol.

29 Views

info Stream Only

Uploaded by TV Archive on