tv [untitled] August 4, 2011 10:01pm-10:31pm EDT
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see don't need to go. run to the candle was her turn to retreat. e.u. commission chief writes to eurozone nation leaders saying the battle out funding may need to be increased yet again as fears mount that europe's sovereign debt crisis could involve italy and spain no relief on sight for the u.s. but where investors fear the country may be staring out another recession being american stocks that have plunged in wall street's worst day and three year. anti-government protesters in syria reject president assad's decree legalising opposition parties as activists say dozens have been killed in a continuing assault by troops in the restive city of hama after more than one hundred dead since the weekend. and we hear the story of a palestinian woman who's on a mission for peace after once being a would be suicide bomber jailed after launching
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a failed attack in israel. it's six am in moscow good to have you with us here on r t our top story the head of the e.u. commission has heightened concern about the union's financial crisis writing to euro zone leaders to say more cash may be needed yet again for the euro zone's bailout fund to give life support to teetering economies jose manuel barroso also wants the fund to be able to buy government bonds as the major eurozone economies of spain. italy face being engulfed by their gargantuan debts borrowing costs have both for both countries have surged as investors rush to rid themselves of the risky bonds italy avoided the worst of the credit bubble of recent years but production there remains sluggish and competitive causing bond interest to surge to
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a euro area prime minister silvio berlusconi tried to reassure markets saying the country's economy had solid foundations but its spirit if either spain or italy are asked for help the eurozone might not be able to foot the bill for such large economies are reports. step by step activists from the fifteen m. movement hope to make europe a better place the point of it is to inform people that might not be informed. about things that they can do in their local government and every evening we get to . meet with the locals and they tell us what's going on in their town. the organization was born from the protest marches in spain where more than twenty percent are jobless and youth unemployment is painfully over forty percent the highest in europe it's these numbers that drove thousands on to madrid streets in me now the financial foot soldiers are beating a path to brussels knowing that if there is one thing europeans do agree on it's
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who to blame dodgy politicians promising rescue but delivering recession there's a lot of. people want to change that and they're convinced people power works if it's loud enough people are realising that we do have power to change things in the certain way and basically we just have to get on the streets and make up with this herd so the idea is to go to. kind of well the central european parliament and the things that the. particularly to do basically protest that we're not having our human rights respected it will take them two months to march the fifteen hundred plus clause. to reach brussels where the last thing on their mind will be putting their feet up in greece portugal spain people those in their jobs and their homes and while they're both pistons in these countries insist this is serious and could get better called one people believe current economic policies of
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the eurozone lead down the road to nowhere in the dollar's current sea spain. meanwhile across the atlantic u.s. stock markets have plunged despite the eleventh hour agreement by congress to avert federal default with wall street's worst day in three years the dow jones saw its biggest one day drop since december of two thousand and eight or raising its entire gains for the year as investors fled u.s. uncertainty to safer havens in developing markets such as china george who an expert in helping u.s. companies form international partnerships says the crisis showed that washington's not tuned in to economic signals. i think it has shaken. to the core in. that in many instances i can't speak for all the investors but certainly. looking at what happened in washington doesn't raise anybody's confidence that the politicians will do the right thing the u.s. ship be concerned and should be worried but i'm not sure that the our politicians
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in washington are getting that message it seems like they are involved in their daily will struggle and battle and they place a higher importance to winning those political points then taking into consideration the national interests of the united states as well as the world why interest in a financially stable market in china they had repeated early as still much obama administration to protect the dollar to protect the value of the dollar and keep it from trimmed down slighty and all of that all of while they were doing this they were investing. their monetary resources in hard assets our assets i would include all feels mineral deposits in places like africa latin america australia places like that and. recently we see
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that they're also investing in stock markets in equity markets such as japan for example i'm very concerned about the future of the united states much less concern . what's going on in asia there's no question in my mind the asia including china by the surveys or as well is very much on the rise and they seem to be much more sure footed and they get things done over there compared to what's going on in this country. the syrian opposition has dismissed a decree from president assad authorizing a multi-party government system after months of violence and unrest in which human rights groups say more than sixteen hundred people have died the law could see the formation of political groups other than the ruling ba'ath party assad's gesture came after the un security council condemned his regime's deadly crackdown on protesters and called for internal political dialogue to end the bloodshed local
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reports say a brutal military assault on the syrian opposition stronghold of hamas or mains in full swing with activists saying dozens more were killed there in the last twenty four hours this after more than one hundred died since the weekend france announced it may seek further action from the security council if the killing continues. president of the arab lawyers association in london so syria should try if you see real change but threats coming from other countries including nato nations are counterproductive. it is it is not just nation itself it's how it's going to be implemented and the restrictions it's included in that there are quite a lot of christians which makes it probably very difficult to implement and i think the pressure of international pressure on syria is producing some results what is the backing is the action on the syrian side to have to make the changes that require. principly start killing people and remove some of the there should even.
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on the part decide on the government and on the military and i think the threats that the u.s. and france and and britain. applying to syria is very counterproductive the russian position i think it's a moral one in the sense that if you want a friend you actually give an honest advice to your friend you don't just agree with them and you don't threaten them and this is at least the position on russia seems to have been in the security council and even in the outside trying to get them to know that it does not accept. what's happening you have to have a diet of resisting forming into the same trap which we have fallen before with iraq when they. said they would not invade iraq but they did they said in libya only we're going to have a no fly zone as it turned out to be into a war and invasion of libya. dmitri medvedev has told syria's president assad he
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needs to carry our reforms and talk to the opposition russia's leader believes that have both sides can find common ground that a grim future awaits cereals. and all cities thought success really unfortunately the situation in syria has taken into matic didn't we real politicians should follow developments gadhafi libya gave violin orders to destroy the opposition the syrian president gave no such ill does unfortunately a lot of people are dying in syria this is our biggest concern in my private conversation with the president and in the private letters i've sent him i discuss the same ideas reforms need to be carried out so he should establish peace with the opposition establish peace in the country and create a modern state if he fails to do that in a sound future awaits him and at the end of the day we'll have to make our decision we watching the situation is changing good lines are to. the with. russia's president gave an interview to our mosques the radio station and the first
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caucuses television on the eve of the third anniversary of the war speaking about the events in the caucasus to mention medvedev said georgian president mikheil saakashvili should face an international court for starting a war in two thousand and eight you can watch president a bit of the interview in a fall on our team six am g.m.t. . that aggressive war that threw a tiny nation into the global spotlight. three years after georgia attacked south to settle. could anything have stopped the bloodshed. did russia have any choice but to step in. president medvedev gives our team the straight answers. palestinian women appear to be joining the ranks of would be suicide bombers those who carried out atrocities had said before their deaths they were waging war against israeli
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occupiers and seeking vengeance but one woman was captured before she could detonate her device and now has a very different mission. we are restored. this thirty seven year old palestinian mother doesn't attract much attention when she walks down the street but she's walked a long and difficult path from would be suicide bomber to peace maker it wasn't so long ago that she felt could see was planning to strap explosives to her body and blow herself up in an israeli supermarket and had to confront the bomb i called fired and told them i needed all the equipment but they just laughed and said you're joking i said if you don't give it to me and how much will they said think about it for a month and then they called me a month later and said ok everything is ready for you. it was the second intifada or palestinian uprising and already two of she first teenage cousins had been killed by israeli soldiers while her brother was serving eighteen years in prison
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for his part in a suicide mission well i am a mother and i love my life but i wanted to do it because the israelis destroyed a receipt is i wanted to destroy their arrogance female suicide bombing is relatively new in the palestinian world wafa idris a twenty eight year old divorced paramedic from ramallah became the first woman to blow herself up in jerusalem in two thousand and two ten more women have since followed in the footsteps one of them is there a woman there there's so inside. restaurant she saw her fiance being killed in front of their eyes so she was really pushed to their. point that she want to talk to and her life experts agree that the reasons that drive a woman to become a suicide bomber are complex there's anger and bitterness towards the israeli occupation forces there's also the patriarchal nature of palestinian society according to a not bercow who's written several books on the subject here woman suspected of sleeping with a man before marriage can be thrown out or even killed by their families enormous
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it doesn't have to be true but in such a society the two of us can kill this is the way to get rid of women and to let them serve a problem with dignity and honor and without humiliate their families but the irony is that while these women are held by some as martyrs many religious leaders are reluctant to send their daughters to the front line as bombers and although islam condemn suicide explains shaikh mohammed it's acceptable when fighting colonise ation and occupation if there are some groups or governments. will come to our territories that we are aware are we have to to fight against these invasions sheaffer says her reasons were both political and personal she was fed up with the bombs falling around her and ashamed that after just two years of marriage her husband had run off with another woman life had simply become too much
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the plan was simple she thought was going to pretend to be pregnant and hide this if we howls of explosives and give me a maternity dress she was going to come here to natanya and israeli town not far from the home and blow herself up among israelis suicide bombing is a kind of attack that doesn't differ between. all women there is no excuse absolutely no excuse at all but her plan was foiled by a palestinian informant who tipped off the israeli army schieffer was sentenced and spent six years behind bars now back in. home she says she regrets it and devotes her time to telling her story to both israelis and palestinians in the hope that both sides can come to better understand the other with the lies i am one hundred years later my daughter asked me who i was going to leave her with and i said with grandma i didn't understand at the time how much she and my parents would have suffered i understand and now i know that blowing myself up wouldn't have changed
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anything the only way to peace is for israelis and palestinians to work together. a strong message from a rather surprising source policy r t two carmen. a french court has ordered an investigation into whether the new international monetary fund chief christine lagarde abused her power when she was france's finance minister she is being investigated for intervention in two thousand and eight and a commercial battle between a french take who in a formerly state owned bank and the approval of a payment of around three hundred million euros to the business madame lagarde denies misconduct if she only took over from dominic strauss kahn of the i.m.f. last month after he stepped down following being charged with attempted rape of a hotel worker in new york your lane professor of political science at paris west university nanterre a lot of foreigners so the investigation is unlikely to affect lagarde the job because of her political ties thank you very much the debate about this case was
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going on in progress before she was actually wanted before she replace can she was appointed in spite of the pending case the french president's. very close this foreman used to finance in front wanted to find somebody to speak to represent problems and he's also involved in this in this case you know the reimbursement of public funds tightening the business tycoon who is one of his friends but i think both the investigation would not go very far because the investigation would be stymied in a case the french president is involved and. we can all be prosecuted included lol so you know if they want a case and he's not even sure some aspects of the case could not be discussed as long as suckers he's the president of france so from this angle i don't think it's you know stopping her from doing that job but the i meant from a democratic country it's disheartening to see that somebody who is sunday
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investigation will could be and invest investigation was appointed as such a high level job. taking a look now at some other stories making headlines across the globe three top nuclear visuals have been sat in her pad over their handling of the fukushima atomic plant disaster the country's ministers of a condom e. trade and industry called it part of a root and branch reshuffle to assist and regulate the nuclear industry japan is struggling to cope with the consequences of the atomic crisis including public mistrust and its nuclear policy radiation is still leaking from the fukushima nearly five months after was struck by an earthquake and tsunami with fatal levels of radiation detected earlier this week. israel has approved a plan to build more than nine hundred new homes in the settlement of har homayoon east jerusalem the decision was widely criticized by many states including the u.s. says the area is internationally regarded as occupied palestinian land but the
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israeli government says the project is to help sort out the country's housing shortage settlement construction has become a bone of contention preventing a resumption of peace talks between israel and palestinians. taking you next to one of russia's far flung corners where indigenous people enjoy life in the wild. but all the way out now to russia's far east in the am original place of breathtaking natural beauty where all aspiring wilderness meets the wall held traditions of the event the people but in contrast to the old ways it's inspiring a modern day gold rush spurred on by record high prices for the precious metals out of world markets high tech know how from across the world has arrived making a profitable to look out tiny nuggets for the thousands of tons of rock arkansas alice had heard reports. of.
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it's a way of life that stretches back generations here when rushes fall restamp think people have survived by living off the land but their numbers and culture are fading. well out here in the debt of the a more tiger if you look hard enough you can still find evidence of the traditional hunter gather at bank lifestyle we were fortunate enough to stumble across these two families that have been living out here for about a month now and today they're loading up their reindeer to move themselves on to another part of the farm. boss there are fewer and fewer places for them to go and the elders say they know. we are dying around and it's all because of the gold mine is the barbarians they're destroying the tiger which now can't even provide us with enough food they've destroyed whom taken everything from us and offered nothing in
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return. whether a blessing or a come some moor is a region abundant in natural resources and with gold currently trading as no time high the pressure to produce is greater than ever and few places more say than here . russia is third largest gold mine. you know founded in one thousand nine hundred forty joint russian british venture says it will increase production this year by thirty three percent to some seventeen tons so here we can see the very beginnings of the gold extraction place there several small holes are drilled which are then filled with explosives and then blasted and approximately thirty to forty thousand tons of rock will be broken up with each block. it's a process that generates huge amounts of waste with mining at this operation all
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with a grade of three grams for each ton of gold of all. a teller for is a million grams so i took that one million grabs three of the particles of gold and we have to recover those three it's the proverbial needle in a haystack an equation that just does not add up to those who see the tiger as their home others are more pragmatic an inevitable consequence of living in a lucrative landscape. mining can this area working more than. the old renia did a lot of damage in this case it's new technology it's new technologies are opting to gold and how to store waste materials we talk with and as i asked people. in this area and not all but i will say that most people say yes it's this gold mine will bring us more than we have before our lifestyle
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meaning the more jobs sound cultural sporting and schooling programs all funded by the mining bus it's the price of perspire a seat that could spell on told environmental damage and see centuries of tradition driven to extinction. alice cooper's. next me speak with a former head of russia's central bank to talk about the financial troubles piling up in both the euro zone and the u.s. they may feel like relatively recent phenomenon about victor to russian co thinks that the debt has been swirling around for ages is finally coming home to roost.
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if it wasn't a russian to hello and thank you very much for being here you became had of the central bank when russia began pursuing its shock therapy policy following advice from american experts how would you advise your american colleagues with the situation they are facing. to live within your means that's all that's just what they told us back then with no idea at all about our economic and social situation at the time that was in one thousand nine hundred two when we began well parts of the government began to listen to their advice after russia joined the i.m.f. that year later they wrote and the famous stiglitz a nobel laureate and former economic advisor to clinton was among them that they were doing everything wrong what they were telling us was all wrong. if we think
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about the ability to live within one's means who's better at that russia back than or today's u.s.c. . you see the u.s.s.r. was living on credit of course but it was solvent and other states were eager to give credit even the us though the latter wasn't doing it directly but through european affiliates they all knew after all that the soviet economy was under control and that the country would pay its debts sooner or later even without high oil prices that's why they were eager to give credit to the u.s.s.r. especially to finance the purchase of high tech goods to be supplied to the soviet market it has been easy for the us to take credit because of the entire system that's been built up since one thousand nine hundred five when the i.m.f. was being set up there was a heated dispute between the u.k. and the us of course the british had to back off because their economy had been greatly damaged by the war that later led to the devaluation of the pound some years after the war in fact all of europe was living off the marshall plan back
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then and that consisted mostly of agricultural commodities along with some industrial plants and factories that had depleted their technological potential ones that the us didn't need anymore this in part was the reason for the america's technological leap over more recent years though with production capacities growing rapidly in the third world the share of production in america's g.d.p. has been shrinking that's how america began to live on credit and living on credit is always difficult as a time may come sooner or later when debts will have to be paid off right now nobody wants to remember that it was in the early nineties when bush and the republicans came to power that the us external state debt obtained by issuing treasury bonds with different terms anything from one week to twenty years and interest rates grew massively right now it has been increased still further so generally it all happened under the republican rule my question is then why all the
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hubbub now it's just political games nothing more. and what happens within that country. they reach a compromise to cut their expenses. this has no explicit connection to the situation within their country on the other hand the dollar exchange rate including cash immediately drops on the world markets and the exchange rate for securities traded around the world drops as well in spite of the fact they are issued by u.s. companies so they incur bookkeeping losses at the very least and perhaps even real financial losses to a large extent the debt was formed under the bush presidency the war in iraq and their role in the afghanistan conflict required huge military expenses and in effect the whole world including our country has been funding those military costs their budget deficit and their balance of payments deficit and number of economists called the actions of the us financially irresponsible do you agree or is it rather
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a kind of game for the sake of their own interests from the viewpoint of economic theory there is a certain irresponsibility larouche a famous american economist of perhaps french or canadian origin about ten years ago said that the us economy considering its domestic and foreign economic policy is bound to face a crash like the roman empire. ratings full economic players central banks will obviously change the structure of their reserves chemists dumping on the u.s. treasury have been and what implications can we expect to. what else is there for them our chinese colleagues in spite of their trade surplus with the us and their own willingness to revalue their currency still keep most of their phones in dollars even though they use them actively to penetrate the development of african and asian economies to develop their infrastructure and so on. there's nowhere to go the world is a stablished in a uni polar way you can't just get out of a marriage especially when you have kids. thank you very much
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