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tv   [untitled]    August 3, 2011 7:00am-7:30am EDT

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i believe the movie the joint the hotel rooms the movie that's the case we go to the grand imperial truly the taj was there to school until you can the let you know it's mostly security to go and proclaim medicine the colonel was hurt you know as a retreat. egypt's former president hosni mubarak's trial is underway in cairo six months after the mass protests forced an up from power. to be charged with conspiring in killing just one hundred eighty one people categorically night drive me up and i'm ok i'm not going to be telling him it. for us what i was a self-made it's a pill to have the devastating to fold the country that never hesitates to jump at the chance to advise other nations through their economic struggles turns out to be unprepared to handle its own crisis. moscow warns against calls on the
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un to target the syrian regime's coaching for action to push the warring sides towards dialogue to end the violence this comes amid reports that government forces have overrun the city of hama more than one hundred people are believed to have been killed in the past few days. business this hour prizes for jet fuel in russia to take off again the country's key supplies have raised fuel costs by up to ten percent join me for a full business bulleted in twenty minutes time. a very warm welcome to you this is r.t. live from moscow with me. egypt's ousted president hosni mubarak has been in court on his sick bed facing trial six months after being toppled well outside the court . clashes have been erupting between supporters and opponents of the former leader
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leaving one person dead and at least fifteen wounded let's go live now to our correspondent voice over who is standing by in cairo and hello to you so the trial for the with has been underway today other charges against him his sons and top aides have been read out so what were they and what was the reaction. well they haven't changed much the main charge that they have it against hosni mubarak is his role in big killing of almost eight hundred fifty protesters during the initial danger be are rising in cairo and the not a piece of it he is accused of also rising giving orders to the police do you live ammunition to your gas tank to be heard. he's also accused of using a rather abusing his office to accumulate his first wealth and if all of those charges are proven he may indeed face death penalty by hanging now during these
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proceedings today we haven't heard from the bar talk that might be only for a few really was that he was there he was i'm hearing that for exactly what time and i categorically deny all the charges levied against me now. he didn't elaborate on what exactly command but certainly it's half the money half of one is that he gave hearing did issue the interrogation make it a real picture of them was leaked to the media and in that time period he was quoted as saying that he. denies any responsibility for the killings you believe that he's not done so but they resolved a random process when they have these specific claims that he gave clear orders not to use force and they also said that can't be authorized the use of force nobody would have listened to him but some of us initially as you say the former president saying it's random classrooms behind the deaths that he was not responsible as you were saying he kind of we deny the charges against him the
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charges of the deaths of nearly eight hundred fifty people during the revolution but since then more protesters died also what just has changed in egypt over the last six months. well because you have to navigate illustration of all the confusion and fear that is occurring and if there is a you just pointed out that about eight hundred fifty people were killed during the initial wave uprising and there people are widely reported we have markers that families that being a pension but thousands possibly even the people we don't know how to beat back that there would be quite a time but many more people were killed and injured holding the uprising and following the guard step down from office many of those clashes in the belief that the fastest ever sanctioned by the temporary military that helpful that is now in charge of if that at least it shows you that not that much has really changed
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in egypt and some of those have it handed tactics that were used by the mubarak regime and feel that way and are being used by the fact that they've now maybe i'll be told that people. have during these initial way michel are driving. also it might be my call a very few notion in our report. this quaint cairo is now one of the most famous in the world many around the globe even those with little knowledge of arabic know its name to play it means liberation well the revolution of january put this part of the globe on the map but apart from that what else to bring the people of egypt . this man has been running his own pieces for thirty five is it used to bring him enough money to send his son to study to canada and take his launch family blowed
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one seeing between the economic to the station coastland rest and political uncertainty muhammad's enterprise has been badly affected now he can barely a food to feed his children he says the wind of change that. we have brought freedom to egypt and it's a grant as survivals tom and it's great. but about if you like that but you know i love the revolution when it happened i welcome that that looked at the time with a light at the end of the tunnel where you see it's not getting better we have nothing to eat just don't tell me about democracy for hungry people it just doesn't matter. the plight of poverty fuel the revolution your growth has dropped from five to just one percent some thirteen million people live below the breadline unemployment has hit twelve percent. egypt's revolution was regarded as the most successful arab spring chapter and took eighteen days to end one of the world's
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longest dictatorships former president mubarak will face justice within days charges of corruption and sanctioning killing which carries a death penalty a wide minds on there is little satisfaction and dictator free egypt is far from the best place to live and the people are getting ready. and. ready hoppers but people now are walking about. them but they will be about evolution. as their very sad that is our people are indeed tired even those who back the changes this young man is from the revolution youth caliche and he tries to remain optimistic and he says sounds a lot like south conviction that he must say we've been living under mubarak for many many years too many i'd say but it's great what we did but we do need to be more patient and this is difficult we have a lot of problems right now but we do need to wait for
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a little longer. recently need to mistreat sions in the square show that this toy season has been pushed to the limit and it's protests versus patients and the battle to save egypt from crumbling further. you're a functional r t kyra. without a live from moscow and a plenty more stories ahead for you this hour in colluding. we head to georgia to check out what's behind tbilisi's thirst for glitz and glamour and how president saakashvili plans to win public support by turning up the music. the u.s. and narrowly missed as a potential default after years about him as a guiding light other countries battling economic hardship russia was one of the states advised by russia and over how to deal with this worst crisis in one nine hundred ninety s. not easy has been investigating why america is reluctant to adopt the tough
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measures to prescribe two wives. congress has now approved a compromise to reduce the deficit and avert a default that would have devastated our car the us just how to swallow this bitter pill that many student it will help the patients recovery but will instead prove to be a poisoned chalice our economy is not growing at all in fact unemployment remains very high foreclosures remain very high no recovery is taking place and are we on a suicide mission we may be gesturing you know the kind of deal with that at the same time make it impossible for the government to play any role to save the economy economy is going down rapidly that some point shortly after the collapse of the soviet union russia became an american laborde tree for nearly grown economic theories but can americans take their own advice now to deal with their own
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economic crisis we live within your means the same advice they gave us without knowing our economic and social realities and we were weak to give russian to how did russia central bank in the immediate post study period the year he took up the chop in one thousand nine hundred ninety two so the worst for bigger inflation in russia's history the us the sarra tkinter nans of the communist economy was in collapse but there was nothing to replace it we'll. so perhaps this situation was disastrous for him did was over a hundred billion dollars in gold in foreign currency reserves will listen fifty million which effectively means nil more people still are fully subdued than governments remember holland america's advice so-called shock therapy was a plant the markets might have got the therapy but the people got the shock empty shelves and must all the reasons go there as one politician said to me from
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a mortgage to a communist economy is easy it's like trying to turn your into fish soup but to do the opposite is much harder it's like trying to revive the dead fish it took more than russia a decade to revive it's a quarry and return to economic growth transforming the country's fool chance after the disaster of the nine hundred ninety s. but would be us not a patient in dire need of it could only heard through a wealth and see the maps and they thought it was good enough for both dog it will be before america it's not argue about art. but i mean time that are out of selecting from the trends research is that he told us here at r.t. that despite the last minute debt deal the us is boom for another great depression . the american economy as well as much of the global economy is heading into the greatest depression anything everything that they're doing is not going to salvage
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it you know what's the reputation a reputation is by what you delivered and ited states can't deliver the united states can't deliver on its way or is it loses wars within iraq afghanistan the war on drugs the new war with libya they're losers the is the government that everything that they touch look at all the trillions of dollars the tens of trillions that have been pumped into the system since the panic of zero eight struck by the federal reserve by d.c. with its stimulus bailouts too big to fail to everything they do they turn to failure the business of america when i used to be young man it used to be business now the business of america is war and you can see by the new ones that obama has started and the old ones that he keeps going all right are twelve minutes past the hour here in moscow now the violence is staying in syria rather it's picking up pace with reports of government forces have overrun the opposition stronghold of hama and are cracking down on protests across the country around one hundred forty
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people are said to have been killed over the past few days alone meanwhile the u.n. is locked in heated debate over what action to take on the crisis of ny has the story. the united nations security council wrapped up their second day of consultations surrounding the violence in syria with what many believe is at least a draft text that each member of the security council will now bring back to their respective capitals there is a body long security council members on where the condemnation lies that the u.s. and its western allies believe there should be a direct condemnation against the syrian government and the syrian president for the crackdown against anti-government protesters that have been taking place since mid march yet other countries like russia china india brazil and others believe that there should be are much more balanced approach that would ever words are used in any text that is put forth by the security council should not exacerbate an
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already sensitive circumstance in syria now russia has said in the past that it opposes on balanced measures such as saying sions that could create an even bigger problem and the russian ambassador to the united nations vitaly churkin has said that resolution dealing with libya he believes was dealt with very frivolously and the security council can't help but keep that in mind when contemplating what the security council can and cannot do when it comes to the situation in syria and we're concerned about the well and some of these beliefs of the conflict and we think that under these circumstances the security goes so. goes that it signaled in favor of any political decision and ending the violence the security council will convene again wednesday morning to continue taking on this issue of syria and all the violence that has been going on for more than four months there. not reporting
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it right now it's quarter past the hour here in moscow let's return to our top story now the first day of trial for the former egyptian president hosni mubarak and the trial itself we saw some clashes outside the courthouse is charged with eight hundred fifty charges all of the deaths of civilians during the february revolution again allegations of eight hundred fifty people being killed by government forces these are all charges that he categorically denies that of former president hosni mubarak let's get some more details on this now and i talked about mikhail a middle east expert talk to us from madrid thank you for joining us today what do you think this trial of the end of the day what does it mean for egyptians. i think it is really important. because. people who are experiencing not only he's.
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going to. be responsible whether. we seem to think this. move. too i think that it is important. to be. patient and see if there. seems to be a bit of disillusion and disappointment on my day job some people it's been months now of this new up the military regime is in power but if we remain focused on the trial today day one of the trial of the former egyptian president is there a possibility that such intense national focus on his trial will divert the country's attention from more pressing domestic matters. and another thing and once
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again egyptians once in the struggle to be organized on the other hand we shouldn't forget that there are other priorities for the egyptians down the left of them a lot of them to expect in the coming weeks and coming artists to come we organize around election and we did they did nation within your father and the writing of a new constitution that announcer of the queue would have been about the new egypt it was if you look at the things to ration if you look at whether it's in florence one of their stance on their past i mean if you work in for them for understand and to be aware that we have a deal being there and usurpation to safety and you institution is also looking for open for them to know there are a lot of there is to doing here is something that will get i just mean yes let's say what they expect but i'm sorry i'm sure you're suggesting a fairly optimistic outlook here among the egyptians but months now very little is
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change some reports some are saying it's just when it comes to the military regime the people in power now it's the reshuffling of the same old finance around the same old house but what kind of developments have we seen so far we've seen continued riots want to risk well. you know and i know of finished the capital that i had when i was shipping it in english or the. pick a long line before egyptians it is really means that each other of these things instills in the form of a that they will be dealing with because a little clique that as you said this is the sounds that for. every criticize the chin is the reason for this you can find a local egyptian get somebody to do this work you know three things that is where we should also and that the side that. if you want to get anything you want to be done you. will get the army soon enough even if there is what i mean there is grambling gong in the ground we can see also that the only organized. we're aren't
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even any. muslim brotherhood and so on but anyway i think that. you know what's. really going to be you know right now as it is as we've seen as we've seen the former president hosni mubarak he was in court today he was basically confined in one way or another to the way to a hospital stretcher is there any chance he is trying to pull the sympathy card look at me i'm frail and we can all take pity on me. oh. he's going to be this thing which he wants. because you know he's ill and it seems like there were two also want to be. in one of these own thoughts and concepts since he feels he has been. aware of so of course i'm not sort of at them as a risk of. i'm not sure if it's see. we don't know and i think that in the end
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you wait you know that there will be some hard sanctions against in the other hand . there's also a bit. and then. you have the message since it is in order to. sort it out as you put i forgive me please are running very very low on time here but i must ask you one question and please answer briefly what do you think colonel gadhafi and syrian president bashar al assad will be making of the pictures you've been seeing other televised courtroom proceedings against the former egyptian leader i mean are they quaking in their boots are they biting their nails and glued to the television so that. you know i think that he's just going to have no. less of the known that he was there as. they have to defend their national interest in this. trying to have an effect on them all right. middle east expert talking to us from madrid many thanks indeed. thank you. now a ground m.t.v.
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concert has rocked the republic of georgia in an event that some locals have branded a waste of taxpayer money with the economy struggling and unemployment running around georgians have a question how their president coughed up the cash for such a spectacle but as i reports mikhail saakashvili is hoping his approach will strike a positive note with voters. in the been targeting the m.t.v. generation the state funded put confidence that team is certainly attracted some big names. i like so much can you make a good here's george just passed last night. lights a lot of our favorite guests as president pakistani popularity continues to fall specially among the older generation he's not trying to appeal to a much younger crowd so the first time the president's case heat up to start what
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many see as a bid to win popularity. with his are true is worse mark for specialist over there an opinion i'm sure you know how to preserve the shop across the system you started ranting about if the same time. for restoring people in our store was pro-government the p.r. conscious president has often used music as a political weapon this song commissioned ahead of the teeth thousand and eight presidential election uses his nickname in the humble title me here is cool. during normal country where pop singers or rock singers are pretty good all the president all these high praise both have lists if don't they come at a cost. in money to bring such stars to juju a piece of equipment because government funds come from the money of taxpayers like me and according to you can take money from six pounds that are more than us that
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was the concert adverts will certainly have gained the country attention in the west young beautiful but seemingly huge it is still a country where human rights violations are not uncommon international groups such as human rights watch say that the government was responsible for widespread abuses last year police brutality bans on preassembled and abnormally high conviction rates in course cited as some of the serious concerns in fact police tactics were evident when a protest in the center to police the recently. violently despite. the incident sparked international calls for an independent investigation. being forthcoming slate the government has found time to plough money and energy into tasting this pot and if this does take to the stage police brutality and lack of government accountability a she's it seems can be brushed under the red carpet it's been clear biggest party
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to to be the critics and be obliged to be quick to point out the likely contact in the very seriously she'd still be in the country. will still be in the party favor and then me take. the lead. time to talk of the business recovery. welcome to business here in our t thanks for joining me this hour pay pal plans to open an office in moscow this autumn according to the newspaper the world's largest online payment portal is planning to invest twenty five million dollars in russia pay pal is coming hand in hand with its own or online auction site e bay in order to operate in russia even needs to sort out online transactions and delivery it's in talks with d.h.l. the postal services pay pal will be transferring money say pay pal's move looks
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reasonable given the online payment block. prices for jet fuel in russia are about to take off again the country's key suppliers raise fuel costs by up to ten percent on tuesday companies say that high global crude prices and domestic shortages are spurring in addition like the fuel is being driven by higher traffic volumes from russian airlines jet fuel prices have risen twenty five percent this year with a previous hike in. meanwhile all declined for a fourth day in new york its longest losing streak since may investors best signs of a slowing u.s. economy made folds of fields and in the world's biggest crude consuming nation which has dropped as much as one percent on wednesday have to be unexpected told us it's you can spend it gold is edging higher in london as concerns that the u.s. economy's faltering is based on demand for safe haven yellow metal is trading how
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percent higher and silver is adding point seven percent. let's look at the markets now european stock markets are lower on the news of sharp losses in the u.s. and asia on the worst performers also citizen iran which top six point six percent of the reporting at thirty one drop a thirty one percent drop in second quarter net profit other banks are mostly lower as well except for standard chartered that rose two point two percent in london after the lender reported a twenty percent rise in its press top profit and in most good markets the diving into negative territory tracking losses asia europe growth b r t s rise next are losing just under one and a half percent let's have a look at something to vidual moves all the time sex energy majors are among the main loses weight a little crude price cost problem is losing one point seven percent boston at the top of the line a half percent banking stocks are also in the red with bt beat down one point eight percent bucking the trend has produced gold adding
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a point eight percent owns time ago. gazprom yes has boosted its first health net profit by seventy four percent to two point six billion dollars the oil arm of the gas monopoly gas problem says the results are driven by haiku prices and better sales. doesn't go both already tell us is noise to list on the london stock exchange next year the company's c.e.o. has estimated its value between one point six and two point eight billion dollars and says up to forty percent of shares the result meanwhile says nor has reported i six percent profit growth for the first half of the year. and we're trying to support herself for the possibility of an i.p.o. next year looking at some windows one as probably other ones october i.p.o. was not the only way to raise funds obviously there was private placements there was also a possibility to get rather than equity pointed straight so once again we're looking at i.p.o.
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was one of the alternatives to mature response the reason why we actually need to raise funds is primarily poor the other projects within the group the shareholder says no it also has other projects like snow agreeing that it's going to go after and those are the projects that need the funding that's all the business update is out there are saying forty five minutes for more financial. if.
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the limits. to physicists and. its. feet.

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