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tv   [untitled]    July 29, 2011 9:01am-9:31am EDT

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of the members of the commission i believe that. said at the press conference that all the technical issues around this place could have been avoided if the crew listened to what the dispatch of the air traffic controllers told them. at this point there is an obstacle a tree that the aircraft collides with the fragment of the left wing is detached the aircraft begins the rotation but let me emphasize it's not that the tree was too high the aircraft had simply been at a location where it shouldn't have been. clearly there were some differences with this in this report compared to the report of the russian investigators of the interstate aviation commission which was published earlier this year in particular the post mitigated looked at to shift some of the blame onto the russian air traffic controllers and on the fact that they believe that the airfield in smolensk was not completely ready for the arrival of the presidential plane now some experts believe that this is a clear attempt to shift some of that part of the blame onto someone else. the
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accident was a simple one type of accident that followed a mistake of a type which is happened countless times before in aviation history this was such a human tragedy such a political tragedy for the polish people that. they've been they've been given the truth and the truth is on bearable they can't take it now i don't think that the polish investigators think they can pin the blame on anybody else but i do think they are looking to pin some of the blame on somebody else. nevertheless this report is expected to put paid to all speculation in poland which has been taking place for the last year or so especially among the nationalist parties here that it was russia who instigated this plane crash indeed with
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admitting that it was the crew to blame all of the speculation should now be should now be gone but we are waiting for some comments from the country's prime minister who is expected to give a short press conference in a short while we are following all the details and we'll update the view was with any information as we get it ok thanks very much for that like say are. you there reporting for us from. all the details of the tragedy including the firsthand accounts from witnesses a horrible available dot com now one of the big credit rating agencies is warning that it's reviewing spain's status among the main reasons is the pressure with the bailouts for greece. from. has just announced that it wanted to downgrade spain's ratings spain's bonds have already fallen by several percent and the euro has fallen as well now this of course is happening to the fourth largest economy in the eurozone and you would think it should be better off but spain has been plagued by some very serious economic
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problems there's of course the the very large outstanding debts as well as the again shown unemployment and we're already used to hearing about the so-called big c. countries being in economic woes and that of course is for to go arland greece spain and now it's also looking at some major issues as far as their economy is concerned by now also the the heavy drivers of the european economy the frat france and germany are also finding themselves in sort of hot water because just recently in the i.m.f. has said that france has somewhat been too optimistic about the valuation of its prognosis and actually may not be as well off as the french authorities have hoped . that have hoped the country to be the problem is these aren't things that have just happened suddenly i mean the french budget deficit has been in a deficit the french budget since nine hundred seventy four this is typical of
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contagion we've been talking about it for weeks we you know when you get some degree of illness salute goes through the building ultimately you have to decide when to amputate it and the truth is we should have amputated greece from the euro . so that leaves germany and germany is already bearing the brunt of basically pulling the entire european economic structure out of the sinking hole that is that it's finding itself in recently this is coming right when the voices of discontent among the eurozone critics among the euro skeptics are growing louder and louder in fact there is saying that the euro. zone critics are saying that while initially the eurozone was greeted with hope. of pulling up the weaker economies quite the opposite is happening that weaker economies are going down and they're dragging down the stronger economies with them so this latest forecast for moody's is actually very bad news for the eurozone and for the euro as well of the effects not
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only the richest but also the poorest members of the eurozone. economy has never been too strong but it risks being crushed under the weight of the current crisis furthur pools and whether it's you remember ship is failing to live up to its promise. they say that charity starts at home also a vacuum may be one of the poorest e.u. countries but with pressure from the e.u. to participate in the second bailout their money could soon be going to greece it on i'll tell you what joining the euro zone brought responsibilities but not benefits in fact slovakian pensions a significantly lower than days increase people here at this hey michel to tell us they barely cover their food costs with the money they receive we have to now. deal with homelessness we have to reform our pension system our health care system this never enough money. that back in two thousand and nine when slovakia
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joining the year is a it was such high hopes it was also kind of prestige to be the first one among hungary and probably polish polish people read about for the one from central europe to be you know in the zero club back the year is in it seems isn't all it was cracked up to be as we joined euro zone there was always been treated that was saying that birds of one country are liabilities of just this one country in may two thousand turned the rules changed dramatically days left as of the year a gang may well now be breathing a sigh of relief the fact neighboring not only here is in countries have felt the benefits slave actual peers have been heading to their check out in a bid to escape the year a week come just across the border from the backyard to the czech republic where these superstore outlets doing a building business more and more people make the regular journey to do their
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shopping because the prices here is simply much cheaper with people now shopping outside the country so vacuous retail revenues have fallen dramatically and the high prices mean the tourism industries have been hit hard certainly not the results hopeful when they feel. has joined but every club has its leaders and what they say apparently gays even if they're the ones who got you into trouble in the first place you see be created this is the reason that all the countries in the euro zone are. jenna's the greek bonds are as good as german bones so using make it possible for greek to the world so much money so i can maybe contributing this time it's not many of days at first so eager to join the year a gang feeling then now simply being pushed around. said i can't. in the us the clock ticks towards tuesday but squabbling normally can still can't
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agree on how to stop america's massive debt from falling off a cliff and into default and not getting to china angry americans because lend to things washington's being dangerous to responsible investment analyst peter schiff says that we could see china dump the dollar as its main reserve currency we can't afford bad relations with china see beijing holds the cards you know we're dancing to the tune that they play the real problem for china is that there's no way that america can pay back the money that the chinese have already loan just politically it's just not going to happen is specially when interest rates rise i'm surprised it's taken the chinese so long to figure out that they've been throwing a lot of good money after bad i don't think we're going to default i think we're going to inflate which is just as bad but you know we're going to raise the debt ceiling the problem is the debt not the ceiling the sooner the chinese start to stop enabling by this phony economy that we have the sooner we as americans can
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begin to repair the damage and what's going to happen is where the dollar collapses americans are going to see a big reduction in our standard of living. what do you never say what you think on this issue how on vents would fold. dot com and you can see online vote right now i just don't have a hope of you are convinced that there's no choice america has to agree on raising the debt ceiling while thirty nine at the said believe the political restoration will send everyone else's economy into freefall and the remaining small seventy percent of you say that time's running out the fault is on america's doorstep what do you tell us what you think will happen head dot com all news analysis and go vote on this issue. now the crowds of back on cairo's tahrir square five months after the al think of president mubarak thousands of people are there in what is one of the largest demonstrations since the third pre-op rising
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but kyrie based journalist and blogger austin machall says a religious wrist develops there was approaches today was originally bill does. it was a sign that liberal islam is forced as we are told to continue their. basic democratic rights but down in the square i was just a little bit before i came here. is a huge number are all muslim brotherhood members but it's these deadly to most just . has been a bit of a split the unity hasn't really. well there's a similar show of unrest in neighboring israel public squares and now as see all the demonstrators camping out calling for social justice prime minister netanyahu to go a big protest is planned for saturday will discuss this now with get instead from the about to institute a think tank in tel aviv many thanks for being with us here and i'll see mr greenstein now on your facebook page you say this the walls are shaking in the is
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quaking in israel is the situation really that serious. yes because what we're seeing here is the major crunch on the middle class on the one hand salaries of study natives and on the other hand the cost of living has risen dramatically so in areas that are essential for for life which means housing food transportation parenting or health care all of these areas have risen and many more people here have a much harder time making ends meet which means living within the resources and another another phenomenon here is that we see people that used to be middle class that are much more vulnerable to any shock in their lives if they are sick if a member of families sick if they lose their job they may be. but they may be dropped into into poverty so now you see protests in israel that are about health
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care housing food communications and so on and all of this thing is coming together and the problem is that the government does not understand the severity of the crisis the government thinks that act as if it is a matter of money and it is throwing money at the problem but what people want are social basic social right so there is a mismatch in a confrontation between the language of the government which is the language of money the language of the people which is the language of rights and last week also the labor unions came in preying on the weakness of government wanting to grab power from the government so you know you see this clash this gridlock between the protesters the government and the labor unions and. we're in a very sensitive situation like i said the everyday cost of living really weighing on the minds of israelis but some experts say we've been talking to pointing out similarities between the protests we're now seeing in israel and the revolution
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that we saw in egypt that israel has in its highly unique internal conflict with the palestinians could that be also the roots of these protests. you know just the many people that we've been talking to on this channel have been pointing out similarities between the rest that we're seeing now in israel and the revolution in egypt but of course israel has this very unique internal dynamic going on the conflict with the palestinians could that conflict with the palestinians be at the root of these protests as well. i would say that what inspires people here is actually the social unrest in places like madrid and greece and other places i know that side there are a lot of i heard these voices that think that these rallies were inspired by square but in fact israelis are looking for to europe then to the arab world in terms of
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their rights because fundamentally we do have a democratic system and no one here wants to change the electoral system not the fullest indian issue and there are a bit shoe has not been central to this to this debate in fact many people here are saying that for too many years we've been focused we've been focusing our attention on the palestinian issue and the conflict or the relationship with our world neglecting social and economic development issues so in many ways you are seeing is a correction in terms of the relative weight of issues that the public debate shifting back to social and economic issues which used to be central in the fifty's or the sixty's in the seventy's still saying that these demonstrations we're seeing in israel are more to deal with economics and social divisions that we all seeing pictures of plaque out in the crowds saying things like this is a resolution is there a chance that we could see these protests turned violent like we saw in libya and
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syria could the government take a hard line on what's going on. first of all we have to understand what is at stake the revolution here is in the social and economic system israel in the fifty's and the sixty's and the seventy's was as country with a very strong sort of direction of socialism and big government from the late seventy's early eighty's especially since one thousand nine hundred five we've veered in the direction of capitalism market economy and so on private sphere decreasing eroding public service. this this system the social and economic system that is based on these market forces and capitalism this is the system to these being challenge and this is word a revolution the revolution is not against the democratic structure i don't see a sign a single sign in this revolution of people wanting to change their regime big government itself may topple which means the identity of the prime minister may or may not
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change depending on how he handles this crisis but no one is changing and talking about changing the regime in the same way that happens in egypt and tunisia because at the end of the day it is a democracy and the middle class in israel is deeply deeply democratic they don't want anything else except the democracy they may want a different prime minister and the other thing that is very interesting is that there are more than eight just one more centers there's more than eighty percent support for these protests the government has about fifty percent support in the public which means deep into the camp that supports the government there are people that support these protests i think that national thing it's not a party thing i came to getting it from the irish institute think tank in tel aviv many thoughts your thoughts. for full coverage of all top stories is available assholes you to call them here's what else is online few right now a huge blast at home i mean ukraine killed seventeen with nine miners still fool to
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be trapped kilometers underground we report on that on line plots. it's like when you come home and discover somebody else's bodyguard sitting in your bedroom he's been sent to provide you security who's going to like that. target seven million russians they say avoid tells us he is concerned save the american missile defense program in europe he said in speeches in full at dot com. libyan rebels have declared three days of mourning after their military commander and two of his aides were killed abdul fatah yunis was gunned down hours after rebel forces reportedly arrested him over his family suspected ties to colonel
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gadhafi regime leaders have been libya's foreign minister before he defected to the rebels at the beginning of the revolution the national transitional council blames the killing and get down the supporters and claim to have or arrested the head of the group responsible for the consequences of the battle will depend on how deep the command is alleged connections really run that's according to one of father's advice to america's antiterrorism caucus. the consequences of his killing could be either short ramification or vast. if indeed he was the only individual or even a high ranking official who still relationships with the gadhafi regime then his killing would be it would be the end of the. if it's the other case he and others inside the council the interim council of the bin ghazi power have been in opposition to another force a militia force it could be other little opponents it could be the militia of the
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jihad or another tribe if the case is the problem then the concern is more serious in the west that there could be more clashes in the future or more tension within the military camp at a time where the rebel seems to be on the offensive so we're going to wait and see the results of the investigations most likely the nato command would want to be part of these investigations. so how small welding is the brief this hour now and these are some live pictures that we're getting in from norway where memorial service is taking place in oslo marking a week since the massacre on point island and bombing in the norwegian capital room oral service is taking place. in the capital market exactly a week since the massacre and the bombing in the capital seventy six people died in the atrocity the man who's confessed to both the massacre and bombing is being
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questioned for a second time by police investigators think on acted alone saying there's no evidence he's part of a militant network. clashes have erupted in argentina as police try to recruit hundreds of scorsese from agricultural lands three people have been killed and dozens injured in the violence it's towards the course courses of humorous and unemployed people organized by a group that represent. us. ok with a just business use of the way now with cutting. head on welcome to our business update thanks for joining me and four days the u.s. government will run out of money democrats and republicans are still arguing over how to cut the deficit and stalling on raising the debt ceiling the markets still believe washington will act in time to avert disaster but the nerves are beginning
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to set in. well i think we're now getting to the stage where people are really in this is all going to be concerned that a deal may not be done a lot of economists constructivists an analyst start to be quite vocal in their criticism of washington saying come on guys it's time to sort it out i think a lot of nervousness waiting for the last minute deal i think markets will give the poor be until monday or tuesday but i just think it could turn very quickly i think you could get a run in confidence very quickly. and let's take a look at the markets now precious metal prices are mixed the stock however they are still high as investors look for safe haven to uncertainty over the u.s. debt resolution after republicans councils of vote on the deficit reduction plan turning to oil now a new report from europe's biggest oil company rolled out shell a time of low cost more and gas because of an end to finding new sources will be more complex and require more money and investment but for today at least the
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market is down and the problems in the us chip away at best companies light sweet is currently trading below ninety six dollars. ninety six dollars a barrel below ninety seven dollars a gallon brant is at one hundred and seventeen dollars per barrel and is not looking too good in europe where moody's rating agency has put spain on review for possible downgrade disappointing u.s. growth data is also weighing on the markets banking stocks are leading the fall with shares of dexia down over three percent in the lord's is also three percent down meanwhile mobile operator vodafone rose three point seven percent after its u.s. joint venture risin said it would pay a dividend. and here in moscow the markets raised theirs nice gains both the artist and my six the shooting over one point six percent in evening trading market best follow the global outside of the over the u.s. debt resolution and let's take a look at some individual most of them isaacs all majors among the main losers amid weak of crude tad nafta is losing over four percent banking stocks are also under
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pressure with bt be losing over two percent bucking the trend is generated in toronto that is merely foreperson. russia's biggest lender is a bear bank is one step closer to acquiring bank international a supervisory board of the european company has approved the sale the banks reached agreement early of a small but no details were provided. to made the takeover at around seven hundred million dollars with planning to finalize it by the end by the year's end the acquisition is aimed at helping a russian company expand its activity in the east european market russian car giant after vas has turned a profit for its french shareholders rayno for the first time the car maker managed to squeeze thirty seven million euros out of its affiliate in the first half of the year that compares with a fifty six million euro loss at the same time
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a year ago the whole way no group reported a fifty six percent jump in first half net profit. and there's going to be petrol in the palms for all those lovers to run on energy minister sergei explains why the government is doing to avert a repetition of the gasoline crisis earlier this year. the growth of the four years with the new book there is no risk of a fuel deficit in the country we are keeping the ninety percent duty on all product exports into the water we are also setting up a reserve system which will the refining industry we plan to reserve about two million tons of fuel mostly winter diesel which will help to secure the smooth operation of transport and the market. that's it for now what log on to our website daddy dot com slash business for.
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if you. feel. limited to. just say the
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beasts . thank. you for. the news today violence is once again flared up to feel these are the images the world has been seeing from the streets of canada asked to feel shame corporations are on the day submit.
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it's all fall foul here in moscow this is saying. they've been given the truth and the truth is they're of poland reluctantly admits his responsibility for last year's plane crash in smith that as they kill the nation's president but the report released on friday still tries to shift some blame to russia. spain's credit rating faces a possible downgrade as the greek debt continues to fuel its stablemates since the better see it comes as germany refuses to sign blank checks on than its.
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bible policies in the u.s. continue to wrestle they with the debt deadlock is the tuesday deadline names meanwhile washington's biggest lender china is rapidly losing its patience. alvin cow mountain is red in protest against poor living conditions salmoni where he joined comparisons with the rise of the egypt's new i'll stay in february. time now to delve into the world of scientific research and breakthroughs with the licensed edition of technology update. hello and welcome to technology update are you tired of paying those overblown electric bills at the end of each month this could be the answer you've been
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waiting for a lot of the energy and with it a lot of the harder and caskets burn out by crummy old incandescent light bulbs but what if i could get you a lot more light and waste way less wattage in the process and up and coming russian company is just open a huge new production facility to help make that energy efficient dream a reality. doesn't meet my sleazy sales pitch the high tech brainchild of a trio of russian scientists was born abroad and is now returned to russia to have been on a shiny new factory at the outskirts of st petersburg aside from being a happy homecoming assembly line launches a big step in russia's attempts to modernize its economy and go green at the same time. the capacity. is the highest in the business today in russia countries and in eastern europe we can produce today.

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