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tv   [untitled]    July 25, 2011 1:00pm-1:30pm EDT

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the children of each village. but you know what human being so many children to be cool durable teachers know and your motto. in serbia is available in britain where they are going to. a show of might in madrid thousands descend on the spanish capital over a soaring unemployment and the government's handling of the struggling economy. and across the atlantic 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. norway pauses to remember the seventy six victims of friday's atrocities as the man who admits the attacks is charged with terrorism. and from all business desk russia's g.d.p.
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has returned to pre-crisis levels of exports and imports are reaching new new highs but analysts believe it's still too early to celebrate their need for more in our full business boards and in fact. just after nine pm in the russian capital you're watching r t thanks for being with us and now to our top story thousands of protesters have set up camp in madrid suttle square i agree at the crippling recession added mass unemployment well they know their contrie is in deep trouble but they see their future being decided by brussels and the i.m.f. instead of being able to deal with the mess themselves larches there 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're lucky
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we're going to follow in the footsteps of the latin american countries that characterized mexico the government its control over their banks and i have w.t. i don't care about the people. so the people decided it's time to voice their concerns loud and 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 euro and the european union itself people in the country have been demonstrating on an almost weekly basis to many 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 responsibility is from the government. because the government first of all. 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 to do. the government it's not doing their job properly because that would be in the note of the 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 but. 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 even
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though woodridge. well there is more bad news for greece to well its credit score has dropped to just one notch above default following last week's second bailout package and rating strike moody's says rejigging the debt implies substantial losses to private investors and financial journalists you had got over it felt says the rescue package is nothing more than backs paying other banks. we're building out the banks and we wouldn't be that soft i presume with greece if there wasn't a problem for the french and german banks not only of these two countries but of course they are the major players in this if they were in that vulnerable to the greek situation indeed we are throwing money at the banks through greece 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're blige a country to cut spending to increase taxes then throwing some money. is not the
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solution greece is now effectively in the fold because if you calculate on the net present value what the private bump all those will give him you amount to a value reduction or for 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 process direct of the monetary union in europe and my big surprise is that the last 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 not tussling over how to raise the country's debt ceiling the republicans and democrats argue secretary of state hillary clinton has been trying to calm nervous asian investors that they will meet next week step by or economic analyst martin henniker says it's already too late.
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the united states is essentially bankrupt in any case if they increase the debt ceiling actually yes the chinese rating agency they're going has been saying even if they find an agreement and increase the debt ceiling well what is going to be as a result more dead so if the u.s. has thirteen point five trillion of their investors the nomination of their budget it's not even if this could have been called an unfunded liabilities if they had the united states government actually keeps of the books and if you include this figure re a looking at two hundred trillion us dollar it's absolutely beyond control and alternately it appears that the united states will be facing a sovereign debt crisis very much along the lines of the so-called. periphery as well also the other european story supposedly stronger countries soviet space the major major sovereign debt crisis from the major western countries suggest that
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investors should stay out of the region and look for a look for girls to work on what it is true to help shore protect against what's going to occur there's a lot of talk always in the rest of god's will dangers of china military growing and the whole night over is this always us throughout asia and the rest of the go if you're looking at home of the united states or spending on military there's a strain 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 in that kind of thought and so you have to end sort . of there's so much more to come on the program including the cost of war as needed forces in a lot of sad cause more civilian injuries we ask how much longer of the alliance can justify its means as afghan police grow. and will be for pics from the pharmacy r.t. reports of the russian alex painfully killing themselves with the drugstore cocktail because it's cheaper than heroin. now the man who was admitted
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at norway's twin a deadly attacks has been charged with terrorism. at a closed court hearing in oslo others pleaded not guilty saying he wanted to save europe and send a strong warning signal thirty two year old who will be held in isolation for four weeks also claimed there were two ourselves and the organization he belongs to started morgan country is still a shock by the bombing of the government buildings are slow as well as the massacre at an island you can last friday who least have reduced the number of seventy six saying there were problems gathering information and on monday the nation held a day removing a minute of silence for those killed in the atrocities that's the kind of journalist tony gosling says police may have already been aware of bravery. it was interesting 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
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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 this guy obviously needs to go down if that's what the jury finds and let's make sure that he's not free to roam the streets because what concerns me is some of the right wing terrorists we've had in europe over the last thirty forty years really still are this is from the operation gladio and other similar operations by nato still are walking the streets. that was investigative journalist tony gosling talking to us there. now five afghan of children have been injured in an attack of by a british akashi helicopter they were working in a field in helmand province are saturday or u.k. forces were targeting an insurgent on a motorcycle here by now almost fifteen hundred civilians have been killed this year which is already the deadliest since the invasion started in two thousand and
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one a peace activist lynsey german told me earlier that the alliances actions prove that war isn't working i think it will just convince more people in afghanistan the war isn't helping them really is actually killing and injuring more and more people so it isn't working it isn't going to work when you have a war where the rules of growing insurgency will be all sorts of people who are victims of this and children are obviously one of the worst of the casualties the only solution to this is to say war isn't working it has there is absolutely no justification for the nato forces to be there and that they should withdraw the troops this is now coming up to the tenth anniversary of the war and there is absolutely no question that this war is not getting better it is getting worse it is almost certain that whatever settlement eventually comes in afghanistan it will
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involve the taliban in some capacity nearly everybody now recognizes this so what is the point of continuing this war the point of continuing this war is because the americans and the british and their allies cannot admit defeat in the second country after what happened in iraq that is why they're there they're there in order to prop up a government that they have no real confidence in they are there in order to save their own faces they are there to protect their interests they're not there to protect the ordinary afghans and we've seen this again this week. that was lindsey german from the stop the war coalition and now 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 and many of those accused have since been released and later we hear from one of former inmates and the brutality he enjoyed. i saw many people
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got killed on the torture in qana so. i was one of those who survived those kind of closure on myself they used electroshocks because i will not sign papers. i was forced to agree that i'm the member or 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 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's why. they're forcing you to write me to sign make you sign by electoral electroshocks and other times the force of a 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 that was pulling me on the ceiling with a chair and then my feets used to be over the floor and i had no clothes on so i
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was going to for many days when the interrogator came he pulled me back down and. i'm not going to sign on or every time when i said no he just makes life for these . people to wake up. you can watch that interview in just over an hour right here on our t.v. or you can catch it right now online at r.t. dot com there's also more on all the stories we're covering on earth here is what else you'll discover there today america swaps calm. for corporate in iraq the troops are finally leaving it but they're being replaced by private contractors and sure in the us grip remains. also getting in a lather over the prime minister as these are scantily clad car washers display their devotion to the beaver for the love of cars it's not the first time young women have shown support by shouting clothes i'll be explain to you what are to the
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top. of the last a serbian fugitive wanted by the un a war crimes tribunal has appeared in court got on hard faces fourteen at charges including crimes against humanity during the balkans war in the one nine hundred ninety s. and serbian officials hope that his arrest will clear the way to e.u. membership as arky star furth reports many serbs remain skeptical as to whether it's worth joining i don't. so far the tribe you know has in tights a hundred sixty one people most of days have been studs and there's been a fair amount of criticism for certainly from the public opinion here he'd hate tribunals fighting with political and not necessarily legal interest there's also a strong public opinion here that will say the government very much looks to the west that people have really take phil anymore like joining the e.u. is necessarily going to be and that all the countries interest they only have to
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look to greece to italy to spain to see that joining the e.u. membership is not the answer to the country's problems and back 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 staying at that really. the holding to brussels wishes they were supported by processes when this government was put in place they go to parliament hill actions next year and elections the year after that so certainly they're going to be using the arrests and the certainly going to be using the candidacy for the e.u. if that ends up happening as a reason for the public to vote for them now that remain a number of obstacles in the way nonetheless one of those calls is possible now we know look at the member states will be pushing the serbia to acknowledge because there's independence as they have here within serbia that is extremely
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unpopular with the public opinion and we've had to do that for any government to come out and make that agreement would be political suicide. data transfer who's written extensively on the balkans war says the hague court was set up to bring only one side to justice. the tribunal that it isn't being set up may need to back the needle brewton of the bugle start procedures as being the responsibility of the syrian doing criminal enterprise i don't think there really is more. and other countries are already admitted to the e.u. but i think the thing is is this really in the benefit of. the. if you listen to what the europeans are saying they're saying another brutal has been across they're not saying less true they're saying unimportant and the other hurdles we need namely. the green ocean by syria over the ripple
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are over the problems across the world i think the return of the group that is intolerable to this group that is back the united states a new european union is in fact merely to give away everything that can be given away it's only a question of holding it in formulated in order to get it past the syrian borders. it was dark and that's partly an advance on giving her appraisal of what will come out of the had a trial. how diverse have recovered of the bodies from the russian a clash of both that sank in the volga river two weeks ago now out of the two hundred one people on board the ship one hundred twenty two were killed the bulgarian has been raised from the river bet and has been told to shallow waters or investigators can piece together the ship's final moments to discover how the tragedy happened or will there be destroyed so that no part of it ever be used again other bulgaria went down in just three minutes and only seventy nine people
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managed to escape and the captain's vessels that sailed by the sinking ship face criminal charges for passing by without stopping to help. more world because that is in brief for you at this hour the syrian government started a lot of all out radical parties other than the ruling baath party opposition. had been there for almost half a century now a multi-party political system is a key demand of the anti-government protesters who have been staging a four month uprising the army is still coming down hard dissent against the regime detaining scores of people in the capital and its suburbs. the new york hotel maid who accuses the former i.m.f. chief of sexually assaulted her has gone public now she sought to d.l. or has told newsweek magazine that she's telling the truth about the attack in may that she wants to see the next transcon behind bars and your thought is are considering whether to drop the charges against him amid doubts over her
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credibility. denies all the charges. hundreds of gay couples got married in new york on sunday will be american state has become the sixth and most populated to recognize same sex unions the i do's began at midnight to the cheers applause of family and friends while thousands condemned the weddings of across the state. i hear when addicts and rush are turning to a cheaper deadlier alternative and it's ingredients are all too easy to get hold of well the drug cocktail is known as crocodile and its main element is the painkiller which the government now wants to restrict the sales of argue zero garden of reports of the lethal narcotics increasing use and you may find some of the initial subsetting. you know what they call it a crocodile because its use of skin turn scaly before it falls off virtually unknown ten years ago it's a mixture of petrol solvents phosphorus and most importantly cheap medicines
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complained of painkiller it's now become richer second most popular drug of the heroin which is the cheaper and more easily available alternative injecting this lethal cocktail rock he uses flash in months most die within three years i haven't to be 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 clothing containing drugs off the shelf from next year on words i'll need a prescription to do that simplistic showed up nearly half of russians use these drugs on a regular basis the past majority of them for completely legitimate reasons so i think ends drugs is the government going too far as i'm throwing a baby or. 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
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a coincidence i think it was a mistake to start selling coding without a prescription in the first place but making it the most easily available opiates it spawned this problem your 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 in the country for issuing prescriptions so the people who will suffer for the ordinary pensioners of housewives who need those medicines. 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 will 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 eagar of nerve. moscow in a few minutes the bounty hunter is making a big buck by changing tack in the us a first grader has all the latest.
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again welcome to our business report here on r.t. plus a colony looks good the g.d.p. has returned to pre-crisis levels exports and imports are reaching new highs so if there are deposits have doubled since the beginning of two thousand and eight however analysts believe it's still too early to celebrate. they call me is no longer enjoying their. i mean member budget surplus on current account surplus the budget is now in deficit and my biggest concern is that the government has postponed their normal budget plan in shield two thousand and fifteen until then the government is still using oil revenues as normal we've heard about fifty percent of budget revenues coming from oil run in there is coal deficit over three percent is really dangerous for creating all mixed ability now russia is running in
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a budget surplus but if oil price drops to seventy eighty it will immediately run by seven percent budget deficit. and take a look at the markets now all is declining for the first time in five days after president obama and congress failed to agree on raising the u.s. debt ceiling boosting concern that the government worlds of fault like fruit is trading at ninety nine dollars a barrel and grant is a one hundred eighteen dollars a barrel gold has surged to record highs as investors seeking a safe haven amid debt jitters and global exchanges gold is trading at one thousand six hundred twelve dollars browse this hour as over at more than forty dollars per ounce u.s. stocks pare losses a rally in technology shares helping raise an early slog that's after congressional leaders failed to agree on a deal to raise the nation's debt limit to avoid default airline stocks decline after severe cuts of greece's credit ratings raised fears that the u.s.
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could follow and markets and your calls next on monday were the footsie in the red and the dax a quarter of a percent higher bank stocks led markets lower in london lloyds banking group at barclays lost four percent and commerzbank was down over you'd have to send in frankfurt. and russian markets and it makes with the r.t.s. closing in the black and m i six finishing over a quarter of a percent lower stocks fell by their most in a we could monday's trading with energy majors the main drag. the climbing food stocks were down during the day finishings like a high at the close last telecom was slightly better than the markets the stock fluctuating on its own the past couple of weeks ignoring market trends and pointed over was up two percent of the gold mining joys in our record high price for gold. today we've seen most financial indicators to read they missed some past some reason deal with the law americas do not reach any agreement here so basically we
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see oil trading in the ground around one hundred seventy three and we're also seeing major european indices are rare and i was asking people if you trade in minus points and person for the private schools so everyone is waiting for something you said bother you has dropped so i am sexualized too soon financials been a lot of pressure to bank on pretty be on to perform in the market last week we've also seen some recent move will not attack a roll call of which were among the proper forms of the market also russian oil majors life across the afternoon call for foreign battleground for instance gazprom . the wheels that started turning in the joint venture between time maker who rarely and wasn't technology a prototype factory found petro chemical giant civil deal is worth around two hundred million dollars the plant has capacity of seven million tires a year the partners want to boost their production capacity by fifty percent with a further acquisitions the joint venture is expected to earn five hundred euros by
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two thousand and fourteen and to get a fifth of the bus and mark. and at least second largest utility at a sun has renegotiated the pricing of its long term gas contracts with russia the italian company says it might be able to save up to two hundred eighty million dollars industry analysts believe the agreement could have a wider impact on other european operators many of them are seeking to renegotiate long term gas contracts with suppliers from russia and algeria. russia has revised its grain output for two thousand and eleven to almost nine hundred million tons from the previous eighty five million export forecast has also judged by three million eight hundred million for the year that's after the country lifted its ban at the beginning of the month but president of the country's grain union says exports in july could amount to one point nine million tonnes but he says drought
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fears around the globe are critical pretty nurtured the latest data from the u.s.d.a. shows that they have reduced the forecast for green week reserves all these structures don't make the situation critical yet but we're exposed to the twenty thirty or forty percent drop due to the drought we are only seeing a seventy eight percent drop which is not critical for the global market. that's all the business for now we're back with more about forty five minutes to everything.
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from. the atlantic. to. the bank.
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the british style. markets finance scandal. find out what's really happening to the global economy in these kinds of reports. in some cases but she's available in hotels a story and. ambassador. hotel patroclus hotel.

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