tv [untitled] July 25, 2011 8:00am-8:30am EDT
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joint the hotel rooms the time of violence the gateway hotel the grand imperial truly the taj was the. new cana with little socialist its ability to go and. read this in the kernel was hotel as used to retreat. the painting in spain thousands of demonstrators avenge their fury in madrid over soaring unemployment and the government's handling of the struggling economy. across to be evidence of the rush to reassure the world's markets that the u.s. can avert the looming default even though the president and legislators can't agree on how to lift the multi-trillion dollar debt limit. and here we see no way pauses to remember the ninety three victims of friday's twin terrorist attacks. the country's worst atrocity since the second world war.
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this is r t it's a good to have you with us on this monday i'm wrong reception thousands of protesters have set up camp in madrid's central square angry at the crippling recession and mass unemployment they know their country is in deep trouble but see the future being decided by brussels and the i.m.f. instead of being able to deal with the mass themselves or to go to school has been to become. the cash in spain is going mainly down the drain at least that's the opinion of thousands of people who have rallied across the country like you who are going to follow in the footsteps of latin american countries take care of my mexico the government is controlled by the european bank and now w t l they don't care about the people. so the people decided it's time to voice their concerns loud and
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clear before the lose more than just the shirt off their back spain has one of the highest unemployment rates in the eurozone so while the european leaders have been occasionally meeting and comfortable quarters to talk about the future of the hero and the european union itself people in the country have been demonstrating on an almost weekly basis demanding the government shape up stop talking and do something about the situation this is not just about higher wages and better pension plans with more than forty percent of young people in spain unemployed simply getting a job is a priority for those gathered in the trades central square the big part of the responsibilities from the cover. because the government first of all. not create the conditions at the beginning of the crisis to fight against the crisis it reacts very late. and on the other hand once the government about
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what to do the government it's not doing their job properly looking good in the nodal for people to wake up otherwise we'll just become slaves to the system we want to be treated as humans and they believe they can make a difference. the government has to change things because they don't have a choice. with greece in shambles and neighboring portugal trashed by the rating agencies spain is facing not just a financial but a deepening social crisis members of the so-called indignant marches say they want their dignity preserved but whether their calls will be heard is another issue in those courts madrid. and of as more bad news for greece as well its credit score has been dropped to just one notch above before following last week's second . bailout package ratings giant moody's says that rejecting the debt implies
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substantial losses to private investors financial journalist van overtveldt said that the rescue package is nothing more than banks paying money to other banks. we're bailing out the banks and we wouldn't be that soft i presume with greece if there wasn't a problem or for the french in the german banks not only of all but of course they are the major players in. that role of the greek situation we're throwing money at the banks through greek this package will certainly not help the greek economy the greek economy needs growth and since you're in the midst of a very bad recession blige a country to cut spending to increase taxes then throwing some money at it is is not the solution greece is now effectively in the fall because you can calculate on the net present value of what the private bond will given or you will mount
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a value reduction of will you come to a value reduction of around twenty percent in europe we don't have a political union and we don't we certainly don't have flexible labor markets so from the beginning. there were huge weaknesses in the whole construct of the monetary union in europe and my big surprise is that it does last ten years before through this kind of crisis and these weaknesses to the surface and on the other side of the ocean american politicians are still tussling about how to raise the country's debt ceiling well that republicans and democrats argue secretary of state hillary clinton has been trying to carve nervous asian investors that they will meet next week's deadline but economic analyst martin had it says it's already too late. the united states is essentially bankrupt in any case if they increase their debt ceiling actually as the chinese rating agency dugong has been saying even if
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they find an agreement and they increase the debt ceiling well what is going to be as a result more debt so there is the u.s. has thirteen point five trillion off there and that starts the nomination of their budget it's not even the fiscal gap including all the unfunded liabilities there the united states government actually gives of the books and if you include this figure really a looking at poor hundred trillion us dollars bet it's absolutely beyond control and all dramatically it appears that the united states will be facing a sovereign debt crisis very much along as a lines of the so-called pigs the european periphery as it also the other european store the supposedly stronger countries of the expect a major major so on debt crisis from the major western countries and we suggest that investors should stay out of that region and look for a look for girl sort of a commodity is a tool to help protect against what's going to come there's a lot of problems in the rest of all of the games as of china and its military
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growing and how much of a risk this poses to asia and the rest of the go if you're looking at how much the united states is spending on military versus china it's totally disproportionate the u.s. is spending a lot more the only difference is the u.s. is doing that is borrowed money and they can't afford it so you have to end song. there is more on where the money's going you know just a few minutes around. just six deep pockets bonds again and this time it's bankrolling libyan rebels with billions of euros in the courtroom in wants in return. for the little bits from the pharmacy r.t. reports on the russian bigs painfully killing themselves with the drug store because it's cheaper than her. you without me now the king of norway has although to be. moving in a minute of silence for the ninety three victims killed in friday's twin attacks scandinavian country has been shaken by the bombing of government buildings and
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also and the massacre of an island youth camp the tragedy has also touched the royal family the crown princess of norway's step brother was one of the first victims gunned down at the man who's admitted both atrocities is appearing at a closed court hearing to explain. thirty two year old amber frey has already said the killings was gruesome but necessary investigative journalist tony gosling believes there's a new kind of terrorism on the rise. anders breivik thought he was some kind of teutonic knight from medieval times because he's echoing the kind of crusader attitude and it's a very strange version of christianity that he is because he says he's a christian i don't think he is maybe the same kind of strange version of christianity that bush and blair have been coming up with over the last ten years or so so i think that this is actually the tip of an iceberg is actually quite a lot of this neo nazi activity out there and now i think the antiterrorist all
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thought he's right across the world we're going to have to take this brand of terrorism much more seriously and particularly worrying is that he was a freemason and has but even as declared that he was a freemason i would imagine that the norwegian police are now going to be talking to all the other members of any masonic lodges that he was in because this seems to be the place where this kind of fake christian rather nasty racist ideology was cooked up i would also add that it was interesting the police said they never come across it before we did police but i wonder very much i wonder if the secret service in norway has been watching him because it was very strange that when he was first arrested on friday the police actually called out his name to him now it was very i would be amazed if they would have actually known as they first approached him what his name was i would have thought that from the arrest point that's where the investigation would have started from. claims he wanted a change in society referring to the country's large muslim population social
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exposed think the tragedy might now force norwegians to reconsider their immigration policy. i think it just did it really highlighted the imagery and i don't want to call it a problem i want to call it you know integrated reality huge influx of immigrants coming into norway and you're awfully you know most of the bottle and most of the norwegians probably do know that i'll post twenty five percent immigrate but we're friday they do a lot more of those statistics now i think you're going to the you know people saying well gosh this guy was crazy lunatic but we have another pretty serious problem choose the prime minister you know specifically the labor party generally did a great job you know comforting the nation those twenty four hours were haptic they were terrifying he did a great job comforting the nation here's the issue we were a great bird with the labor party going to have to do when we're away is you know they don't think that the extent concerns of people who are nervous about the
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immigrant population you know a whole lot of the more extreme groups you know who needs to extreme views in back . and up and their own platform and facebook you know the average joe q. boater we understand you're concerned about this issue but we think we're always happy to have a great interaction here is why so instead of managing and you know governing through fear and they have to adopt some of those you know who are going to jingoistic policies but also presents you know a more positive way. public policy expert margaret a book talk to us from chicago. now attendants past the hour here in moscow germany is lending a libyan rebels one hundred million euros despite staying out of nato its bombing campaign against the gadhafi regime but when it says the loan is for quote civilian and humanitarian purposes the germans abstained from a u.n. vote on military intervention in march but chancellor angela merkel has since
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expressed hope that the nato mission succeeds. recognizing the recognition rather of the transitional national council as a libya's legitimate government has come and passed alone it comes as the rebels await access to billions of dollars of colonel gadhafi assets that are frozen in offshore banks german government consultant crystal forstall thinks berlin has a vested interest in cashing in on the war. it is really a big question what this money is being used for first of all who controls that then next has nato ever cared for the civilian population in libya i don't think so a group of countries bombing libya and using uranium weapons that of course is a group of countries not caring for the civilian population abstaining just being neutral in this case of course was enough because nato his youth the security reason louche and there's a you know three hand to do just anything they want in effect they are fighting on the side of the rebels they're fighting the libyan government nobody knows when
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nato will decide to you know protect some civil populations and then kill the legal government more than twenty billion dollars in freeze assets this money is going to be used to help the rebels but of course that is in a way totally illegal you can't just take money away from from governments and give it to rebels germany wants a piece of the cake to be to be clear germany wants to maintain fifteen percent of the libyan oil as a percentage of the total oil imports of germany. with r.t. now in the shadow of nine eleven u.s. embarked on a mission serve root out terrorists but it led to a network of secret prisons and seizing suspects often without much evidence after years of torment many of those accused have since been released later this hour we hear from one former inmate who wanted to tell it he wrote it he had seen. i saw many people got killed on the torture and on the so. i was one of course would like
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a survivor of those kind of torture on myself they used electroshocks because i will not sign papers and. i was forced to agree that i may be a member of. and i was i'm not even really i didn't know at the time what used to be when they asked me what i didn't tell you and i said i'm not a member of them and they brought me papers forced me to sign i refused and that was a bit or certainly they forced me to write me to sign make you sign. electroshocks another times the force of the water treatment it's known their wealth of boarding another time they hang on chains i had chains on my hands and i was hanging on the ceiling it was pulling me on the ceiling. and you know to my feet used to be over the floor and i had no clothes on so i was hanging there for many days when the
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interview if it came he told me back down and. i'm going to sign almost every time when i said no he just made like this and he probably wake up. and you can watch that interview in full in around fifteen minutes time right here see. oh you can actually catch a right now online dot com there's also more in all the stories we're covering and so what else will discover com right now america for corporate iraq the troops off finally leaving but they're being replaced by private contractors ensuring the u.s. and grip remains. over the prime minister as are these scantily clad. display of devotion to vladimir putin's a love of cars you'll be able to see on our you tube channel is not of class time
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comb. just turning seventeen minutes past the hour here in moscow divers have recovered all of the bodies from the russian pleasure boat that sank in the volga river two weeks ago out of the two hundred one people on board the ship one hundred and twenty two were killed the bulgaria has been raised from the river bed and been turned to shallow waters and that's where investigators can piece together the ship's final moments to discover how the tragedy happened and it will then be destroyed so that no part of it can ever be used again the bulgaria went down in just three minutes seventy nine people managed to escape the captains of two vessels meantime to sail by the sinking ship face criminal charges for passing by without stopping to. go to some of the international news for your brief this hour the last fugitive sort of by the balkan war crimes tribunal is set to appear in the hague later on monday. which faces fourteen charges including crimes against
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humanity for mass murder and torture during the conflict between pro and yugoslavia in the early ninety's the fifty two year old was on the run for several years before being arrested just last week. the syrian government's adopted a law to allow political parties other than the ruling baath party to get engaged and the opposition groups have been banned for almost half a century a multi-party political system is a key demand of the antigovernment protesters who have been staging a four month uprising and the army is still coming down hard however on dissent against the regime extending scores of people in the capital around its suburbs. the new york hotel maid who accuses the former i.m.f. chief of sexually assaulting her has gone public. the other one has told newsweek magazine that she's telling the truth about the attack in may and wants to see dominique strauss kahn behind bars your thoughts are considering whether to drop the charges against him amid doubts over her credibility. and meantime denies all
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the charges. hundreds of gay couples got married in new york on sunday the american state has become the sixth most populated to recognize same sex unions i began at midnight to the cheers and applause of friends and family meanwhile thousands of condemned the weddings at rallies across the state. heroin addicts in russia are turning to a cheaper alternative and it's ingredients are all too easy to get ahold of the drug cocktail is known as crocodile and its main element is the painkiller coding which the government now wants to restrict sales of. reports on the lethal narcotics increasing use of one you may find some of the images upsetting. you don't even want to be called crocodile because it sees a skin current schoolie before it falls off birch tree and known ten years ago it's a mixture of petrol solvents phosphorous and most importantly cheap medicines can
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lead a painkiller co d. in it's now become richer second most popular drug of the heroin through which the cheaper and more easily available alternative injecting this lethal cocktail wrote a user's flourish in months most of it wouldn't three years evidently using it for two months i wish i never started ticking it the government's come up with a simple solution for now i can still buy coding containing drugs off the shelf but for next year on words i'll need a prescription to do that sophistic showed up nearly half of russians use these drugs on a regular basis the vast majority of them for completely legitimate reasons so in their fight against drugs is the government going too far as of throwing the baby out but about water. coding is sold over the counter in most western countries but its sales have doubled in russia in five years and many say this is not a coincidence i think it was a mistake to start selling coding without
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a prescription in the first place by making it the most easily available opiate it spawned this problem yet expert opinion has been divided some believe that this doesn't do enough to tackle the social cause of addiction and punishes innocent consumers. there is no efficient system where countries are issuing prescription it's those are the people who will suffer the ordinary pensioners of housewives who need those medicines. at drugs then and the moscow suburbs we came here to ask what the users themselves think about the new law. i don't believe it would change anything those who want to take drugs will take drugs we will buy them from the right pharmacies and if we don't get them to use something else we will always have something to inject eager and no party moscow. on the way for you here with no conviction but no apology for inmate lifts the lid
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on the prison that ruined his life. career. welcome to our business board and here in our team with me queen welcome good to have you with me italy's second largest utility medicine has been really goshi to the pricing of its long term gas contracts with russia the italian company says it might be able to save up to two hundred eighteen million dollars industry analysts believe the agreement could have a wider impact on other european operators many of whom are seeking to renegotiate long term gas contracts with suppliers from russia and algeria. russia's resuming vegetable imports from italy in hungary of the past few weeks washes consumer watchdog has also lifted restrictions on eight of the evening actions including france belgium and the netherlands a ban on e.u. was imposed early in june after a deadly outbreak of e.
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coli in germany. is lawmakers are racing against the clock to forge a deficit reduction deal with clear the way for congress to raise the fourteen point three trillion dollars debt ceiling if the talks get struck the u.s. may get suffer may suffer a damaging the fault this could spiral down for u.s. bonds the chief economist that's perfect explains plan a very high probability round as a result of the difference in their increase in a demand for you. because you is treasuries is lunch is marketed. low risk that sue even if you increase the. rate you basically increase the risk in the overall system you all three meanies to choose. to require in via law or do increase the number or for all the reasons i say it's in the park fall or. now let's take
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a look at the markets all is declining for the first time in five days that song concerning a failure to reach a deal raising the u.s. debt ceiling may cause the biggest consumer of crude to pull off well part sweet of bread or loser sorry gold prices have surged to record highs as investors seeking safe haven amid debt jitters on global exchanges goes trading at one thousand six hundred sixteen dollars per ounce and so we're more than forty dollars products for stocks. though you have banking stocks leave markets lower the looming deadline to raise the u.s. debt ceiling also brought a downgrade of greece's rating prevent markets from extending a four sessions winning streak barclay's dropping friedhelm percent in london next week like we called down two point three percent in paris. and russia has recovered slightly puts is still trading in the red. the whole starts and down on the kind of crude sort of financial stocks with spare bank one
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a half percent lower ross telecom a slightly better than the market's stock books waiting on its all in the past couple of weeks ignoring market trends and tolly metal is up three percent of the gold mine enjoys yet another record highs price for gold. now ahead of the new trading week norco been stime for a measurable i've seen give some names for investors to crossfire. we haven't seen strong commodity prices are expected to change in the near future. i think gas from now. is a very interesting name in front of correction the past two weeks and with their oil prices back where they had been i think gas promising even and room to run without a name or we're alike short term and meter armies are b g b i think this is a very in supper tonight right now and it has had a run up fall in their government funds really or given to the bank of
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moscow and but i think it's going to continue it's still trades at about twenty five percent below zero banks and russia has received its great output for two thousand and eleven to almost nineteen million tons from the previous five million export forecast is also john i three million eight hundred million tons for this year this is after the country lifted its ban the beginning of the month vice president of the country's grain union admits exports into like amount to one point nine million tonnes but he says russia's harvest unlike can reach one hundred million thirty of them were new i don't think we'll reach one hundred million times i personally hope this won't happen as it would mean a big drop in price that's why i don't want to make any for costs as i've said before as an optimist i see eighty nine point nine as a pessimist i see ninety two and that's because it would be a huge blow to the market and we had farmers for most that's our update for this
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a time when people would write out of their forces in the wild lands and become these huge and it's important to mention the sheriff the prosecution the monkey much company may. feel. when they go out there become weapons. and you have to hope that nothing. good. or chasing killers if you see i keep that in mind how does the two million dollar bill be the risk. we're not superheroes we can be killed too you know they shoot me in the head i'm going to die. and. once you've had a man you know never go back to hide anything else. we'll. bring you the latest in science and technology from the realms where. we've gone to the future of coverage. for the full story we've got it from the biggest
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