tv [untitled] August 7, 2011 4:00pm-4:30pm EDT
4:00 pm
joy he who kills the some of the less the case will go to the grand imperial college to talk western to school until you can away with a little close machinery to see dodi to go publicly and run the city to kill was her child as a retreat. stories from the week on our t.v. financial crowd strip it's a last minute deal with that crisis card to save the us from a credit shock downgrade we've got the latest on that just ahead and of course rounded up the wall street worst week in over two years and with the debt problems in europe also a crisis point the markets are braced for monday may have been just a few hours time also in the program. egypt toppled president goes on trial on charges of mass murder and corruption but people feel the revolutionary regime that replaced it is a little better. and a neighboring israel hundreds of thousands of people take to the streets in an
4:01 pm
unprecedented nationwide rally the moderate government make their living costs low all. alone this is r t you're watching a weekly all rounder the top stories in the past seven days with me kevin i know in this hour it's now just after midnight moscow time and first last friday the financial world was shaken after the u.s. was stripped of its top tier aaa credit rating by standard and poor's agency so for the first time since one thousand nine hundred seventeen its rating has been downgraded to a double a plus with a negative outlook white house officials are on the defensive about that saying there's a two trillion dollar calculation mistake s. and p. admitted that but it is sticking with its decisions for same the huge budget deficit is still a coup. as for major concern all this despite the last minute debt deal that
4:02 pm
natalie rescued the country from to fold well for more on the u.s. rating downgraded now joined live by dr rodriguez family meconis to the university of montreal thanks for being with us dr so and yes the markets open in a few hours were all watching to see what happens are we about to see the implications of that downgrade on the global markets what do you think's going to happen well there will be consequences yes and p. friday's downgrading it shows a lack of confidence in the u.s. government we are within an economy stormin you know way and it seems that the as s. and p. and i do economists are saying the u.s. government it's a bit like a ship without a captain in a storm this is not very nice very good and it doesn't look very good for the next two years because the election is only in two thousand and twelve and then i think
4:03 pm
the u.s. government is deadlock and cannot do any very serious policy decisions counteract the economy downturn and. u.s. economy can turn into an economy good question and that's what politicians american politicians should be trying to avoid are trying to ward an economy correction we've had other people the program saying a very same thing as well tonight let's just recap the flora shall wait but that ceiling was raised last week and all that that therefore plus is of course still there s. and p. slashes the u.s. rating citing insufficient spending cuts what is the future of the american economy do you think as bad as a result of people say. well regarding that fiscal policy you are through understanding that over the next ten years the u.s. debt which most fourteen point two was about to write rice. about nine
4:04 pm
point five trillion dollars. what the american. president obama and congress wants to take a minimum cut out of that take two to build treatments and a half from diet and instead of having twenty three point five. trillion dollars of debt ten years from now it would be only twenty one. so the minimum they didn't do that they didn't do well actually is they could have cut their hair into a you know instead of it would have cut between four and five trillion nine point five trillion but that is going to explode but out of policy it's also are very on economy. in the u.s. presently and could be contributing to the downturn you come back down to well he certainly has new pieces china it is furious it's a cool supporting an awful lot of that is also calling for
4:05 pm
a new reserve currency now a more reliable one what will happen if china abandons the dollar and you think it might even be considering that. well china is a bit of a prisoner of the united states you know the main creditor of the united states with more than a trillion and a half. dollars in u.s. dollars the whole. old and their reserves. they fear what china fears that the fed the american central bank will print more money by which treasury bonds and that chris shays the u.s. dollar that will depreciate investment in the u.s. and they would be. paid back with monkey money that's why they are afraid down the road and they may try to draw from investing in the u.s. and buy more gold for example the reason why well it is going up so fast because countries like china and india are buying gold instead of buying u.s. dollars. let's take a quick look at the talks by the u.s.
4:06 pm
. on the eurozone crisis how possible to think it is that will see the global landscape changing dramatically with maybe emerging powers like the bric nations taking the lead now. well as you mentioned europe is very important for the world economy it's about a quarter of the world economy in the u.s. also it's a quarter of the u.s. economy so we have talking up after. the world economy both with. problems but what are the deflation but we call it. a cycle and it's very bad for the world economy proceed these two engine i'll be kind of a growth in the world are facing these problems and we should i think in europe with the greek. debt crisis we know that we know that the telly now is asking the european central bank for assistance and we know that there's rain in portugal and ireland are and difficulty and this indicates that the. slow
4:07 pm
straw growth in europe i mean to us for the next few weeks ok well we're watching carefully of course especially tomorrow see how all this kicks off thanks ever so much for import them from entering a trembly economist from the university of montreal joining us tonight i still talk to you. all right well as we just mentioned the european markets are braced for monday morning after they took a hammer in last week central bank officials holding one agency told some buy the buy italian and spanish government bonds to try to calm the markets a little softer the german government reportedly admitted that the e.u. rescue fund won't be able to save it or leave the euro zone's third biggest economy if it helps this week europe and america's debt difficulties trickle comical the markets would sort of worst plunge since two thousand and eight economic journalist patrick young told me the e.u. needs to change its price is approaching. let's try and understand the size of the numbers here the italian government oh one point it trillion
4:08 pm
euros now that means nothing to anybody but that is bigger than the total government debt of our land fortune gold and greece put together before the end of this year typically needs to sell bourne's debt which is equivalent to the whole of the greek government bond market in other words all of the greek debt that we've been talking about for weeks and weeks and weeks is being. italy is huge need is just too big to manage to in any way be rescued in the way that other economies have so far being bailed out by the e.u. what the euro zone needs to do is completely rethink the approach that they currently hard without actually a completely new approach some time by september or october or maybe november we are in severe danger that the euro zone is going to collapse. coming up in
4:09 pm
a program you political upheaval grips ukraine as police from the tent city that's been set up by supporters of the team for progress in exchange for the threat of the security forces lurks in the background our cameras are they got the latest also cutting all thieving hands in london hardline muslims press for the introduction of tough islamic sharia laws in the british capital go to report on in just a few minutes. almost sixty people have reportedly been killed across syria as the government continues its military crackdown on protesters over forty of those fatalities is said to be in the city of derails twelve in homs province this is just the latest of many violent responses to be on rest which began earlier this week government forces stormed the city of hama killing up to twenty four human rights activists say that overall more than one and a half thousand people have died just before the latest wave of violence the country's foreign minister promised a free and fair general election at the end of the year while mr lecturer from
4:10 pm
oxford professor mark colvin says there's a lot going on backstage in syria. who turned serious as chris were there so it's a very good question. but it's the weapons have. been some of iraq's. some of the americans in the early years or. so we have also. going on behind the rhetoric of both sides about. who represents. the real danger is we could see you have a very large scale civil war in syria russia's president before a vote of says if syrian leader bashar al assad fails to stop the violence and carry out reforms if they could be a green one. unfortunately the situation in syria has taken a dramatic turn we real politicians should follow developments but gadhafi gave
4:11 pm
violent orders to destroy the opposition the syrian president gave no such orders unfortunately a lot of people are dying in syria this is our biggest concern in my private conversation with the president of syria and in the private letters i sent him i discussed the same ideals critical things need to be carried out but you should establish peace with your position establish peace in the country and create a morgan state if you fails to do that in a sad future awaits all of that at the end of the day will have to make a decision we are watching the situation it is changing our guidelines are to. the public stance of in syria to be to move through us as well as the echo must be radio station and georgian t.v. channel pick you can watch the extended version coming up in about twenty minutes time tonight in fact as well here on r.t. . or the revolutions are over but few in egypt say their lives are any easier these days even considering the former president's finally on trial charged with killing
4:12 pm
and corruption wasn't about it denied those charges against him at the opening of his hearing into accusations of ordering the killing of protesters if convicted mubarak could face the death penalty the eighty three year old in a hospital bed appeared alongside his two sons and top aides were also accused of corruption and mass killing however six months after mubarak was toppled the post-revolutionary chaos makes many egyptians yearn for what went before. a national or perhaps. 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 means liberation well the religion of january put this part of the globe on the map but apart from that what else did it reach the people of egypt. this man has been running his own peaceniks for thirty five years. it used to bring him enough money to send his son to study to canada and take his large family abroad once seeing it
4:13 pm
with economic devastation caused by and rastan political uncertainty mahomet's into price has been badly fractured now he can barely afford to feed his children he says the wind of change may have brought freedom to egypt and it's drawing a survival strong and it's way. out about actually like a lot but you know i like the revolution when it happened i welcomed it that looked at the time like a light at the end of the planet we 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 kind of poverty fuel the revolution you have growth has dropped from five to just one percent some thirteen million people live below the breadline unemployment as he twelve percent. egypt's revolution was regarded as the major successful arab spring chapter and it took eighteen days to end one of the world's longest
4:14 pm
dictatorships but one man's on there is little satisfaction and dictator free egypt is far from the best place to live and the period of the people who are getting ready. and getting ready. for the people now are talking about mubarak as well much better than a day is today a bit of. back and they're very sad that is out people are indeed tired even those who back the changes they see a man is from the revolution youth caliche and he tries to remain optimistic and he says sounds a lot like south conviction that you cannot just like 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 a little. recent tree needed history sions in the square should at least try since it's been pushed to the limit and it's straight history says patients in the battle
4:15 pm
to see the chips from crumbling through. grief an optional r t kyra. and life really get worse for the egyptian people too as they fell prey to a political game says f. mily mangal he's written extensively about egypt's uprising there has been no revolution in egypt i said so and in r.t. interview in late january i believe exactly that would be the outcome because this was incited from the outside it was designed to get rid of mubarak who was a thorn in the side of the obama middle east policy and put the same people in there with it with a different face at the top a lot has changed and it's largely unfortunately changed for the worse the economy plunged since the events of january the tourism is not going to be bonded back anytime soon but even still there was a rather healthy growth curve in the last several years even on the rock was still in power and that that has dramatically changed for the worse this never was about
4:16 pm
democracy in the first place a lot of youth were brought onto the streets under the illusion that it was and now you have the muslim brotherhood positioned to become the leading political party in the in the elections when they're held. that doesn't bode well at all for you just so i don't think young people have more democracy i think perhaps even less. and in neighboring israel or seems reminiscent of egypt more than a quarter of a million people took to the streets on saturday night in the latest showbiz content with a government that's after three weeks of protests over the soaring cost of living with activist a man in the prime minister steps down in a minute i'm selfish responded with a promise of change for israel's economy set up a special panel to deal with the crisis but that doesn't stop calls for an egypt style revolution with one television street labeled as a corner with r.t. policy reports next protesters are concerned it's taken this much pressure just to get any kind of reaction. tens of thousands on the streets of israel angry.
4:17 pm
and protesting for change but is anyone listening when it comes to a lot of the foreign media want to see more of an action movie and this hasn't been a very violent it's been very haven't been violent and also been very positive. well into week three the largest demonstration in israel in over a decade and how did a.b.c. c.b.s. and n.b.c. cover that they didn't a young woman set up a tent like the editors of france twenty four b.b.c. and sky coughed up just a few meager seconds perhaps not even that interesting to. you know back in the studios ok there's a protest well what exactly is the protests the social protests for the revolution it's not the same kind of story that they're used to it's not as big and dramatic some of the bigger revolutions happening around the middle east and i mean isn't
4:18 pm
surprised by the worldwide lack of media interest he's worked in these really place for decades but pushing for media quote foreign and local there is a box that the international media has put israel in and that is the israeli palestinian conflict also of israeli lebanese and syrian conflict and anything that doesn't kind of fade into that. you. media type of of news item which is unfortunate that just makes hundred of his angry following days she's been camping here furious that she can't make ends meet as a university student in excel says that when egypt decided to stand up and say we've had enough and in lebanon they decided to say we've had enough the media was all over there i haven't seen anyone from c.n.n. or fox news or any other field big news channel here and it's really sad we also deserve a chance to be heard out on the streets has been dubbed your corner by some of the
4:19 pm
people here an optimism perhaps the pain to bring down the government in the way the neighbors the toughest school you rode the bus was the cameras they were willing nonstop here they push the absence of course the hot seat. well we're keeping a close eye on developments in israel i see dot com if you follow our twitter feeds linked to it on our website you can is straight from our worldwide correspondents with the latest news updates on the school calm on facebook search for our team usual find our top videos stories they're already waiting for you can also join the discussion on what you see on our channel so it's good to hear from you also of course mentioned our rapidly expanding extensive travel on you tube you've got five hundred million hits so-called liberal things about but you want to share that and i'll pour some programs with you online as well subscribe to our some explore. around the world. mission. critical three things for sure free. three. three
4:20 pm
stooges free. old free books you have in videos for your media project a free meal dog party dot com. riot police have surrounded tent camps of opinion crane's capital supporters and former prime minister yulia to show . he was arrested on friday to test his fear offices and i stormed the camps off of the court where the show trials taking place banned gatherings outside. yes q scott the latest from cuba. ukraine's former prime minister unity still remains in detention center in here following the decision by according to you have to place on the arrest before that i mean forbid him to leave the country now she was put behind bars as the judge just plain because of her bad behavior during the trial now. he's being accused of several very high profile economic crimes including
4:21 pm
striking unlawful gas deals with russia back in two thousand and nine it's interesting because there has already been a comment coming from the russian foreign ministry saying that. the old these deals signed in two thousand and nine were completely legitimate and were signed in full accordance with the two countries legislation and urged ukraine to hold a fair and transparent trial over the country's former prime minister yulia timoshenko they've also been very sharp remarks coming from europe in regards to the detention of the victims franco with many organizations in europe or the parliamentary assembly view of the council of europe all criticizing this decision and urging the authorities in ukraine to release going to machine going to hold a fair and transparent trial on we understand that the protesters which are picketing the detention center that's where i'm standing right now and the court building in downtown here are determined to stay there twenty four hours a day and when the stand that they are trying to garner more people are asking
4:22 pm
people from all over the country to come to kiev and voice their their protest against the decision to place your thoughts like on the arrest. but his lecture is your scream also a brief tonight of forty people have been arrested dozens most of the policemen injured after riots flared up in north london protesters attacked officers over the fatal shooting of a twenty nine year old man last week rioters threw petrol bombs at police and torched buildings a bus and police patrol cars more than three hundred were involved in what began as a march to demand justice for the killing. israel supreme courts started hearing an appeal now from the country's former president moshe katsav in march she was sentenced to seven years for raping an employee while he was a cabinet minister of nine hundred ninety eight he was also convicted and sentenced for sex offenses against two other women during his presidency but allowed to stay out of jail while he appealed from a president has denied any wrongdoing thing in his case is politically motivated.
4:23 pm
muslims in britain have started a campaign to put several areas of the u.k. under strict sharia law banning drinking gambling of listening to music is just a small part of the proposals out his spleen hearing how they want to instill their tough code. so we are here to tell you that islam. is unstoppable in europe stoning for adultery cutting off hands for stealing renouncing islam this group of men is trying to enforce shari'a law in the u.k. they started a campaign to make certain areas of london and other cities islamic law controlled zones starting with walthamstow east london was simply become on the good of being evil because of these armies will try to do the muslim on muslim community ozomatli we believe the muslims kind of together trade according to the sharia was all the problems according to the sharia legal police themselves to a large extent hopefully one day to have historic emirates which will have
4:24 pm
a policy locally security locally and you provide water locally childfree and his friends all fly posting parts of london with large muslim populations they want to burn drinking gambling and playing music and they say they've got bands of young men ready to patrol and in full shari'a law by any means he's muslim say british society is broken riddled with drugs crime and prostitution because of that they firmly believe members of the communities they're targeting will welcome sharia law but the word of the street about the campaign tells a different story comes down to a lot a lot of the place you live or in some way to appreciate the locals this is not india or pakistan this is our own laws people have no rights can hear bring their laws in here counselor martin eastham agrees saying this could destroy community cohesion with your squad scurry around the taken down houses since they put up
4:25 pm
because we do not want these posters round up i do not represent views about power lines that they had no place in from forest this is an equality campaign a save issue real supporters shouldn't be considered a religious movement was a god right political organization with a place to campaign design. to divide and conquer communities the danger lies in dividing people and dividing communities creating mistrust are particularly among from non muslims towards moderate muslims i think this is part of their aim is to create mistrust so they can then trying to moderate muslims and say look everyone hates you we are french and to us undeterred by opposition challenge three of his group plan what they see is the beginning of an islamic emirate not just in the link a all over europe police have mobilized to take these posters down as cost as they appear but choudhry and his group say they formed bands of vigilante influences to make sure syria is to virtually all physically and in other parts of
4:26 pm
london women have already been harassed for not covering their heads if these muslims ever get their way i won't be able to dress like this on the streets of los them stay or many other parts of london brussels rome and paris your and its own city wealth and state loves and. i think i had come your way you spoke twenty minutes time tonight and i see the perfect present from the russian football club serious card to its young fans all revealed in all sports bullets and for that i will bring you some of our top stories in a couple of minutes i'm karen o. in moscow tonight thanks for being with us.
4:28 pm
4:29 pm
31 Views
Uploaded by TV Archive on
![](http://athena.archive.org/0.gif?kind=track_js&track_js_case=control&cache_bust=1906185629)