tv [untitled] July 25, 2011 11:00am-11:30am EDT
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in india she's available in the movie the joint the hotel rooms the home of the that's the great way to go to the grand imperial truly the george wesley bush coromandel you can a little socialist see don't need to go and. read this in the kennel was her turn to retreat to. a show of mites in the madrid thousands descend on the spanish capital over soaring unemployment and the government's handling of the struggling economy. across the atlantic but the rush to reassure the world's a market is that the u.s. kind of pushed the looming default even though the president and legislators can't agree on how to lift the multi-trillion dollar debt and. no way pauses to remember the ninety three victims of friday's twin atrocities the man who admits the killings have been charged with terrorism his first court appearance. the news from our business deaths across the stock saying buy them most in
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a week as crude prices fall on us that here join me for a look at the russian market and global market performance in our business and. around the world around the clock this is artsy with me role research thousands of protesters have set up camp and richard's central square angry at the crippling recession and mass unemployment they know the country's in deep trouble but see their future being decided by brussels and the i.m.f. and instead of being able to deal with the mess themselves i think they're really going to scar has been to meet them. the cash in spain is going mainly down the drain at least that's the opinion of thousands of people who've rallied across the country you know like you we're going to follow in the footsteps of the latin american countries that characterized mexico the government is controlled by the
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european bank and i am w.t.f. they don't care about the people. so the people decided it's time to voice their concerns loud and clear before they 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 madrid's central square the big part of the responsibilities from the cover. because the government first of all people not to
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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. what. the government it's not. good job. look it's no good in the note for people to wake up otherwise we'll just become slaves to the system who 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 this so-called indignant marches say they want their dignity preserved but whether their cause will be heard is another issue they didn't quite see budget. i know there's more bad news for greece as well its
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credit score has dropped to just one notch above the forts following last week's second bailout package ratings giant moody's says a rejigging the debt implies substantial losses to private investors financial journalist johan of and of us felt says that the rescue package is nothing more than banks paying money to other banks. we're bailing out the banks that we wouldn't be soft i presume with greece if there wasn't the problem of the french and the german banks not only of the deal but of course they are the major players and they were in that role of the greek situation in the 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 you blige a country and cut spending to increase taxes then throwing some money at it is not
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the solution greece is now effectively in default because you can calculate on the net present value what the private bondholders will given you amount of value reduction of 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 has lost the ten years before through this kind of crisis these weaknesses came to the surface. on the other side of the ocean american politicians are still tussling over how to raise the country's debt ceiling while republicans and democrats argue secretary of state hillary clinton has been trying rather hard to karma nervous asian investors that they will meet next week's headlines but economic analyst martin hannett says it's
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already too late. the united states is essentially bankrupt in any case if they increase their debt ceiling actually yes the chinese rating agency they're going has been saying even if they find an agreement and they increase the debt ceiling well what is going to be as a result more debt so if the u.s. has thirteen point five trillion there and that's just the nomination of their budget it's not even the fiscal gap including all the unfunded liabilities that the united states government actually gives of the books and if you include this figure really a looking at two hundred trillion u.s. dollars after it's absolutely beyond control and all timidly it appears that the united states will be facing a sovereign debt crisis very much along the lines of the so-called pigs the. periphery of it also the other european supposedly stronger countries soviet specter a major major so one debt crisis from the major western countries suggest that the investor should stay out of that region and look for asia look for balls to have
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a commodity is true to hedge or protect against what's going to come there's a lot of problems in the rest of odds the dangers of china us military 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 affairs is trying out it's totally disproportionate the u.s. is spending a lot more the only difference is the u.s. is doing that this board money and they can't afford it so you have to enthrall. it with our to you know still so much more to come in the program including whether those one sided justice on war crimes are sort of the last spark of use of the hate we take a look at why many find the process deeply wrong for. some of the fuel rods from the pharmacy party reports on the russian addicts painfully killing themselves with the drug store. because it's cheaper than heroin. because of norway has learned
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a deeply moving minute of silence for. and i think through victims killed in friday's twin attacks the navy in country has been shaken by the bombing of government buildings and the massacre at an island youth camp 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 camp the man who's admitted both atrocities has been charged and the reason i will not be held in isolation for four weeks thirty two year old and of the brave who did not saying he wanted to see europe and send a strong warning signal it was ok and there were two more cells in the organization he belongs to this investigative journalist tony gosling believes there's a new kind of terrorism on the rise. anders breivik thought he was some kind of teutonic knights from medieval times because he's echoing the kind of crusader attitude that it's a very strange version of christianity that he. is he says he's
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a christian i don't think he is he says 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 or thought he's right across the world is going to have to take this brand of terrorism much more seriously and particularly worrying is that he was a freemason and as brave it as declared that he was a freemason i would imagine that the norwegian police are now going to be talking to other 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 that the police said they never come across him before the norwegian 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
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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. and i was an investigative journalist tony gosling right. the last serbian fugitive wanted by the u.n. war crimes tribunal has appeared in court how do you face is fourteen charges including crimes against humanity during the balkans war in the one nine hundred ninety s. so being officials hope that his arrest will clear the way to the e.u. membership but as our sara further reports many serbs remain skeptical as to whether it's at all worth joining us. so far they tried you know he's entitle hundred sixty one people and they say they have been searched and there's been a fair amount of criticism for certainly from the public opinion he he the head tribunals fighting with political and not necessarily legal interests there's also a strong public opinion here today the government very much looks to the west that
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people have really think phil anymore like joining the e.u. is necessarily going to be and that all the countries interest they only have to look to greece to italy to spain to see that joining the e.u. membership is not the answer to the country's problems but in many cases it could quite potentially bring many more and yet is something that we still see the serbian government really pushing for now a lot of people saying that really. the holding to brussels wishes they were supported by brussels when this government was put in place they got the parliament chill actions next year and elections the year after that they certainly they're going to be using the arrests and the certainly going to be using the candidacy for the if that ends up happening as a reason for the public to vote for the. remaining a number of obstacles in the way nonetheless one of those polls is that we know
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a lot of them in the states will be pushing to serbia to acknowledge because this independence as they have here with in serbia that is extremely unpopular with the public opinion we've had to do that for any government to come out and make that agreement would be political suicide. for another diana john starr who's written extensively on the balkans war thank you for joining us today we've seen some generals try for the hague is it all that clear cut off suspects from all sides. accurate because general this. was tried in actually connecticut and there is a rose enormous protest in croatia under correlations who have been led to believe quite rightly i think there could be an reset on their to have against terrorism
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and find it quite outrageous that one of their own correlations should get into trouble tribunal that is indeed a name need to go back to the needle groups and out of the yugoslav process as being the responsibility of the syrian joint criminal enterprise and that person seems to be a lot of frustration on both sides of the fence here but foreign minister has said that his country hopes this final arrest will open the doors of the u. is this perhaps the last hurdle. well that's what some of the serbian leaders in belgrade are saying but if you listen to what the europeans are saying they're saying up another brutal cross they're not saying the last through there is saying and inform her and the other hurdles we need namely. greenish and still be at. risk lasts only it's problems across the world. with the possible exception to that you you are we do know that serbia has
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a problem with corruption and crime and poverty as well. because we're looking at a session as a way to just get a quick bailout as the eurozone continues to bail out the weaker members well. they don't i mean if they're looking for a good bailout there's not what they're going to get out and if you if you look at for one thing the there are no going to get in right away because there is a load of objections only in another foreign state because is that too much content with one carrier and many a b. and there are some that i don't think there be is more corrupt than other countries there are really cheap either. and i think this thing is this is really in the benefit could benefit the. i which is we bring something new something about today in fact about the greek economy before greece entered the e.u. it has much more projection much more productive economy than sense because once it
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don't mind it becomes a market for other european cars though which will compete the goods later so you don't need any you would be a quick way to grow quickly left in the serbian productive economy whether in agriculture industry or i never got accession a question here because of a question still hangs in the air serbia says it will never recognize the independence of a state that lies wholly within its borders how do you see this chap panning out well i don't know it seems i think there's your candidate should the group that is in power which is a group that is backed by the united states and the european union is in fact ready to give away everything that can be given away it's only a question of how they can formulate it in order to get it has the syrian borders but of course being reelected last time only because one party namely the serbian socialist party campaigned against and who was more or less controlled or whether
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it was a proper group where the u.s. and british embassies in just switching sides and going to college the fact is it kind is going to really in the first place and it may again and again that was the actions of the e.u. and united states politicians who elected. you governor missourian voters are really likely to be frustrated in any case about all the time we have for today. john stein thank you you thank. well in the shadow of nine eleven the u.s. embarked on a mission to root out terrorists but it led to a network of secret prisons and seizing suspects often without much evidence now after years of torment many of those accused have since been released and later we hear from one former inmate and he had to endure. i saw many people got killed under torture and so. i was one of those sorts of survive those kind of closure on myself they used electroshocks because i will not sign papers.
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i was forced to agree that i'm the member of are you going to go 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 tried to tell you and i said i'm not a member of them and they brought me to force me to sign i refused and that's why they tortured me they forced me to drive me to sign made me sign by. electroshocks another time the force nearby water treatment it's normal on the water boarding another time they hang on chains i had chains on my hands and i was hanging on the ceiling he was pulling me on the ceiling with a chain and you into my feet used to be over the floor and i had no clothes on so i was saying we were for many days when the interrogator came he told me. he
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was going to sign on or every time when i said no he just made like this. people to wake up. and you can watch that interview in about an hour and a quarter right here on our c however you can't wait that long just watch it online right now dot com also more and all the stories we're covering and what else you'll discover there today america combat for corporate in. their ground troops are finding leaving but they're being replaced by private contractors by ensuring us. getting in over the prime minister as these rather scantily clad car washes and display their devotion to a lot of me putin's love of cars as you will be able to see on our on you tube channel it's not the first time a young woman shown support by shutting. down
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with our take divers have recovered now all the bodies from the russian a pleasure boat that sank in the boulder 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 now been raised from the river back towed to shallow waters where investigators can piece together the ship's final moments to discover i would all went down it will then be destroyed so that no part of it can be ever used again the bulgaria went down in just three minutes. seventy nine people managed to escape at the time the captains of two vessels that sailed by the sinking ship face criminal charges for passing by without stopping to help. or why it's good to have you with us here on r t let's check out some other world news for you in brief five afghan children been injured in an attack by a british apache helicopter they were working in a field in helmand province on saturday when u.k. forces were targeting an insurgent on a motorcycle nearby the injuries are not thought to be life threatening almost
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fifteen hundred civilians have been killed this year alone which is already the deadliest since the war started in two thousand and one. the syrian government's adopted a law to allow political parties other than the ruling baath party opposition groups have been banned for almost half a century i'm not a party political system is a key demand of the anti-government protesters who've been staging a full month uprising the army is still coming down hard on dissent against the regime detaining school people in the capital and in the suburbs. of new york hotel maid who accuses the former i.m.f. chief of sexually assaulting her has now gone public now has told newsweek magazine that she's telling the truth about the attack in may and wants to see dominique strauss kahn dance parties the authorities are considering whether to drop the charges against him amid doubts over her credibility trust can continue to deny all the charges. her in addicts in russia turning to
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a cheaper alternative ingredients are all too easy to get ahold of the drug cartel is known as crocodile and its main element is the painkiller kodi in which the government now wants to restrict sales of. reports on the lethal narcotics increasing use and you should be warned that you may find some of the images disturbing. if you don't want to be called crocodile because its users can turn securely before it falls are virtually unknown ten years ago it's a mixture of petrol solvents phosphorous and most importantly cheap medicines continued painkiller coding it's now become rich the second most popular drug of the era in which the cheaper and more easily available alternative injecting this lethal cocktail will drop a user's flesh in months most i wouldn't three years i haven't been using it for two months i wish i never started to. governments come up with
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a simple solution. for now i can still buy coding containing drugs off the shelf but from next year on words i'll need a prescription to do that so this trick showed clearly of russians use these drugs on a regular basis the vast majority of them for completely legitimate reasons so pipe against drugs is the government going too far as of throwing the baby out what about water. coding is sold over the counter in most western countries but its sales have doubled in russia in so i've years and many say this is not a coincidence i think it was a mistake to start selling coding without a prescription in the first place by making it the most easily available it's warm 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 prescriptions so the people who will suffer the ordinary pensioners and housewives who need those
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medicines to give. them the 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. have something to inject either of. moscow. on the way here in our city we explore whether egypt's new government is nothing more than a simple reshuffling. of. just. hungry for the full story we've gone to. the biggest issues get a human voice face to face with the news makers on our t.v. .
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in india oh jeez available in the movie the joint the hotel rooms the elevator that's the gateway hotel the grand imperial college and the george weston tours coromandel you can go with her till the closure civility to go and call your brother said the colonel was her chill as used to retreat. and welcome to officer for the south thanks for joining me russia's economy looks good the g.d.p. has returned to pre-crisis levels exports and imports are reaching new highs salaries are up and posits have doubled since the beginning of two thousand and eight however as believe it's still too early to celebrate. they call me is no one being jorian married. or surplus i mean budget surplus and current account surplus the budget is now in deficit and my biggest concern is that the government has postponed the normal budget plan in shield two thousand and fifteen until then
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another government is still using oil revenues as normal we've heard about fifty percent of budget revenues coming from oil run in there it is called that said over three percent is really dangerous for kraken of instability now russia is right in their budget surplus but it will price drops to seventy eighty it will immediately run five seven percent budget that's. now let's take a look at the markets oil is declining for the first time in five days that's up to president obama and congress failed to agree on raising the u.s. debt ceiling posting concern that the government will default by its weight is trading at ninety nine dollars a barrel and brand is at one hundred eighteen dollars per barrel. gold prices have surged to record highs as investors are seeking save heaven amid dead jitters on global exchanges gold is trading at one thousand and six hundred sixteen dollars per ounce of silver at more than forty dollars per ounce. u.s.
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stock slipped out the congressional leaders failed to agree on deal to raise the nation's debt limits lawmakers hope to reach a compromise and some day but those talks stalled airline stocks decline after a severe cut to greece's credit ratings raised fears that the u.s. could top. european markets are mixed this hour the pussy is a quarter of a percent a lower and the dax is up nearly point two percent banking stocks lead markets lower in london lloyds banking group and barclays lost four percent and commerzbank is down over you know stand in frankfurt. and russian stocks sank by their most in a week on monday with the artist closing the black m i six finishing over a quarter of the side lower well stocks were down during the day on decline. who would percentage higher up close ross telecom was slightly better than the markets whose stock fluctuating on its own the past couple of weeks ignoring market trends metal was up two percent of the gold mine enjoys yet another record highs price for gold. and that's all business up there for this i'll be back with more in less than
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