tv [untitled] August 12, 2011 6:01am-6:31am EDT
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david cameron's also said parts of society are sick but locals in the effected areas say they've been neglected by the government for years but the sense of insecurity growing on the streets people are now forced to take matters into their own hands as artie's reports from one. if a good result could sure use a warning to looters if you come out to enfield tonight you'd better be in disguise at the first sign of trouble this is what happens. around five hundred mainly young men chased down the road after police ready to drive troublemakers out of town. despite the mob atmosphere a large crowd of young men are out for justice there's been no trouble so far most are ordinary people out to protect their communities a lot of people are here to help there obviously are some people that again today the opposite effect they're going to get everywhere very much started taking out
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stories of four young children not i will but children on the streets for the decide if there's not enough police them will help them and just get everyone a wage to accost all the shops and push them away basically we don't want to go after anyone over it cause any trouble which is one of my sure that no one comes into question no shops open in the roads and it's not just in enfield in other parts of town seeks have banded together to protect their livelihoods and property sons and daughters come together with us and say let's solve the problems with out on to violence and forcing distressed control which then takes it on. causing further violence on the streets. this is the current face of communities across england many of which felt under siege from looters and said in their darkest hour the police were nowhere to be seen police have not been anywhere where the police if the police were hit if in all that would've been done maybe this is what david cameron means when he talks constantly
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about the big society handing power and responsibility back to local communities and i think the scenes we all saw our television screens last night of communities coming together. to try and stop violence taking place was a model of how these things should be done that despite the fact that three young asian men were killed in birmingham early on wednesday trying to protect local businesses looters allegedly rammed the with the car the tragedy ignited anger in the asian community a vigilante band attracts all sorts and mentality doesn't just rear its head in looters there's a huge number of police officers on the streets of england at the moment which many find reassuring but groups like the enfield army proved that communities still feel police are unable to protect them and with budget cuts for front line officers still on the table on the beat could get fewer and further between while the local
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vigilante group could take up the slack nor am it r.t. . london based political activist chris knight restricting social media is not where downing street should begin he wants to stem the threat of further riots. this government is closing down through swimming pools it's shutting youth centers and it's valid allies in the economy the rule of law can't be enforced if it's one law for the rich and one for the poor the rule of law means the saying for everyone we have to start with the most powerful criminals and what we've seen recently is politicians on the take chief police constables on the take. we've we've seen the bankers on the take and these people have to be dealt with and when it comes to the question of violence what i would say is this legitimate law enforcement does require a certain amount of coercion let's have it it's just so ironic having celebrated the facebook revolution the social media the twitter revolution and across north
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africa and the arab world suddenly. decided to clamp down on the media here it's really it's absolutely not the s.u.v. is serious inequality in it the issue is is is that i mean what kind of a society are we that drives eleven year olds fourteen year old kids to that. mental state to you know to burn the local store that that's we need action we need we need action not weasel politicians words. you with plenty more stories ahead for you this hour we report a little bit later on the powerful advertising methods the pentagon is using to make war look pretty. if they presented the military for what it was i don't think anyone would join in. hollywood and a video games helped to shape a superhero image of american soldiers to lure the youth in to be always clutch. a u.s. court has ruled two americans who work for a private security firm can sue donald rumsfeld for illegal imprisonment and
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torture if proven guilty it would mean the former defense secretary would be held personally accountable while in iraq in two thousand and six the two minute blew the whistle on their employer for alleged criminal activity but the u.s. military responded by placing them in prison where they claim they were tortured for weeks after being released without charge but you filed a lawsuit against rumsfeld but the motion had been rejected by prosecutors until now and he walked a stop right back it says the case opens the floodgates to other officials being held to account for war crimes. what we have to recognize is that by stripping rumsfeld of immunity for the acts of torture against american citizens this opens wide to do are not only for rumsfeld but for dick cheney for bush for all of those who advocated or put into place policies like the policy of torture which they call enhanced interrogation techniques euphemistically and very thinly euphemistically
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disguising torture which is illegal then that means all of these people could be in the dock if you try to hold pentagon officials in this case the head of the pentagon donald rumsfeld accountable for torture or other illegal acts that somehow shackles the hands of u.s. military but ironically it suggests that the united states government needs to demands too and is engaging in illegal acts and that if anyone holds them accountable that will be quote shackling in their effort to carry out war it's partly demagogy but by virtue of the nature of the argument it also reveals that they in fact have institutionalized torture otherwise they would not be afraid of the allegation against it. well the pentagon's are still spending huge amounts of dollars to convince young americans to sign up for the army its close ties with hollywood and the video games industry is helping to turn a military service into an attractive deal of course along with the economic crisis and unemployment working alongside artie's an associate reports on
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a how it's all playing out for america's youth. the hunt for american youth. to hunt down the next american and war incorporated a robust business machine is operating at full capacity in the us the strength to choose. from televised ads to hollywood blockbusters. to video games to american presidents dubbing soldiers the real patriots each of them as. to what it means to be a soldier sailor airman marine and coast guardsman the image of the american laurier is portrayed as that of the invisible hero times square one of the number one entertainment spots in the big apple attracts millions from around the world and across the u.s. apart from the flashing lights and the billboards there's a recruitment center right here one of hundreds just a new york the mesmerizing take me luring young americans into serving our more
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sophisticated than ever before sponsoring a video game tournaments and people tournaments and then going up to these young kids to perform well and say hey the u.s. military needs to see your skills at this video game of course too young fifteen or sixteen or seventeen year old this is something that's very basic it's a cruel and deceptive. type of recruitment they want to use all the hippest tools they can to make being in the military has school as possible now as cinematographer edward pages dedicated ten years to being a u.s. soldier he thought it was the honorable thing to do if they presented the military for what it was i don't think anyone would join but they do join having played one computer game and seen one war movie too many there's no second chance when you're actually out there and your life is at risk for something that most of these young men have no idea really the true reason why they're going out there by the time some of these reasons are realized. military conflict i mean. these streets. that
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are very limited to us it is often too late the problem is that a lot of these kids don't know once they get in it's hard to get out the first time the way out is suicide a military report says eighty percent of soldiers in afghanistan have seen a friend killed or injured yet nothing stops the military propaganda campaign the direct also comes in handy for the pentagon there's a joke in the military that the best recruiter is an economic downturn and that recruiter is raging on what happened after two thousand and eight that solve their problem was the desperation of millions of americans we had an economic crisis we've had unemployment zoom up no matter the times the power of the pentagon seems eternal meaning loury new more young americans into more wars with no happy end or game over in sight and. new york. are just now eleven
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minutes past the hour here in moscow you with our team still ahead for you in the program. the media the government in hungary tighten the noose around the country's creditors crushing criticism. after days of concern over whether france would retain its aaa credit score ratings giants reaffirm the country's top billing on that wednesday french bank society in general has been the worst affected by the volatility being forced to deny that its financial stability was at risk but investors remain unconvinced the country's finances are on solid foundations financial analyst max kaiser believes the french banking system won't pull through the current crisis. the french banks are loaded with toxic derivatives that were sold to them by american investment banks and the american investment banks plus the rating agencies plus the hedge funds are now
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attacking these french banks they know where the bodies are buried and they're using the weapons that they sold them to attack them and you know going back to the s. and p. downgrade just before the s. and p. downgrade of u.s. debt i told you point blank with certainty that the rating would be downgraded now i'm telling you that the rating will be downgraded again because this is part of a new era on wall street where they go after sovereign debt and the hedge funds and the rating agencies and wall street banks work together now to destabilize the sovereign debt of these countries because remember the hedge funds wall street working with the rating agencies are bigger than any of these countries deciding generale and be in pain and credit agricole are insolvent their balance sheets are six to ten times bigger in terms of the debt that they carry than they could possibly service but it's carried on the shadow banking system they don't report this debt but the insiders around the world who wield the weapons of mass financial destruction are tackling them to force these unrealized debts onto their balance
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sheet to force these companies into delinquency into foreclosure because they are going to raise again billions of dollars attacking these banks these banks are insolvent the society generali it is an insolvent institution so is being paid they can't possibly meet their their the credit demands absolutely not. after a week of turmoil in the european financial markets france italy spain and the belgian have decided to ban on short selling on the shares of banks and other financial companies short selling is when traders profit from betting on fall in share prices it is being blamed for increasing the recent market instability let's get some more expert analysis on the situation in europe with young hug and not from the european school of management technology good to see you thank you for joining us today and do you think the new short selling ban will do much to restore market order and confidence in europe or is it possibly a sign of the world of verge of a financial armageddon. you know i think it's probably more of the last i think it
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shows that the officials are very nervous at the moment and they tried to. break this stone what's barrel that the banks have been into leslie my fear is that we. see some short term improvement in the share prices but as the fundamentals are . seen rather gloomy in the markets i think overall we will see a continued downward trend so overall i think these measures will not have a long lasting effect so these measures are not going to be effective in the short term possibly affected but of course it's all about the long term the end game and you'll see your forecasting a good. it's seems that the eurozone debt crisis if you're sweeping old e.u. countries one by one fronts is in its sights is that the next one to fall. well if you look at the fundamentals i think france is quite different from from the other countries but nevertheless france also has a debt problem the overall debt level is very high and now that the u.s.
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government debt has been downgraded there's obvious fear of who will be next in the game and we've seen the problems with spain and italy recently and i think it's quite natural that the markets at this stage are concerned about france as well so i think that the french government is under some strong pressure to act. but it's not i would not say the situation is as dramatic as it is or has been for example with greece and ireland and portugal as you say there have high debt levels is it possible will eventually see a downgrade of france's credit rating in the near future. well i think if france implemented the measures that it has indicated for the budget to be to reduce so long a period i would say france credit rating would be rather stable and that is what the rating agencies have said but requires some political will to implement these
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changes and i think that is the big if so if france is able to convince the market that it will implement these tough measures then i think we could see some stabilization in the markets as we've been saying for months now some form of an economic tsunami just washing over the eurozone and i've been with us for a decade but maybe it would have been a better choice to stick to national currencies and i could have prevented all of this pain. well i see what we i think what we now see is the results from this kind of fraud mentation of the euro the idea was that the introduction of the year old would. lead to a political union and we haven't seen this kind of economic union that would be required for a single european currency and said we've we've seen continued national. economic policies especially in the south with a lot of spending and the results that we're now see is that this kind of policy is
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not sustainable so if europe takes a lesson from this and starts closer economic cooperation then the economic the single currency makes sense but if it does not then we will see more trouble ahead and i germany and france as leaders have also and also they're going to meet next week to discuss solutions to europe's financial difficulties is there a way out of the economic downfall for europe do you think what's what's what's the solution here well i think the solution is definitely not concentrating on short term the quiddity measures like the european rescue fund i think it's much more important to concentrate on structural reforms and that means bringing down debt levels to a sustainable level and so far we have not seen this what we've seen is this kind of hectic crisis management and this. communication communication from the european central bank which basically says that everything is under control where all of that you see is kind of panic
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management and i think what is really required to stabilize the situation is to focus on structural reform i think this is what we have to do in the in the near future and i think what you say about structural reform is absolutely key here you talk about panic management and and hectic crisis management but at the end of the day will these bailouts isn't it simply just the banks paying off of the banks of the pockets. well i think part of these rescue minute measures have been taken to rescue the banking system. especially with the banks in southern europe and i think this needs to be addressed but overall we also have this kind of political situation where it has been very lenient for governments to increase debt levels to avoid bringing tough measures to their constituencies and i think this is something that has to end markets have indicated that they are not willing anymore to finance these large debt levels and require some tough measures from government social
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welfare systems have to be redesigned or it just sits and that is certainly not easy but that is what is required i would say from the european school of management and technology thank you. gunman including a terrorist cell leader has been killed in russia's southern republican in a two day terror operation that's according to the national antiterrorism committee and. was believed to be the mastermind of several terrorist attacks across the country and was on the most wanted list he's also thought to have helped train a suicide bomber who blew himself up at a military camp in the republic last year for officers were killed in that blast and more than thirty injured russia's anti terror committee claims that he was assisted by georgia's intelligence service. i tell you without a lot from moscow let's check out some of the headlines from all around the world for you this hour syrian government forces have reportedly killed twelve civilians
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mostly in the province of homes meanwhile in the city of hama the government gained full control following a crackdown in which scores of people were allegedly killed on wednesday the u.s. imposed new financial sanctions on the country and called another authorities to take similar measures the ongoing unrest which began in march is said to have claimed seventeen hundred lives independent media is banned from the country making it difficult to verify events on the ground. libyan rebels say they captured the key northern town of brega after months of intense fighting but tripoli dismissed the claims saying they have taken over only a part of the city located on libya's main oil field and the activists gained a strategic victory on thursday when the libyan embassy in washington reopened under the control of the national transitional council a sign of u.s. support for libya's rebel movement the ongoing civil war in the country has been raging for six months killing thousands of people despite nato intervention. the
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egyptian government has taken steps to end a decades long emergency law that's been a key demand of the protesters but after hosni mubarak earlier this year the measure was imposed in one nine hundred eighty one and allowed police to hold people for months without charge it's due to be scrapped before a general election that is show jeweled for november. but the government in hungary has adopted a controversial new media control law you will see hundreds of journalists laid off the freedom of the press severely curtailed but it's not easy sarah for ports despite fierce opposition many have been forced into silence over fears for their jobs. evil. speak no evil at least. the hung gary in government opinion. media low claim journalists being silenced. it's about hiding
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things and hiding the truth and not covering controversy over issues. of the government and that's the whole message of this. covering broadcast print and online content the controversial new law will also established a new media authority that these working for the media regulate. by the ruling does party and will loyal support is being selected its public service broadcasting is completely controlled by the government there had been some measure of the office and put. people loyal to the government into key positions at public t.v. and. journalists who voiced criticism have felt the wrath of the new authority they were journalists of the public. was introduced they have one minute silence in the national radio.
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and one of them. left the radio. in fact he was then the other one was fired hundreds of others have suffered the same fate with the wave of layoffs across the industry this is contributed to an uneasy situation in the media here who want to keep their jobs. of line so murky the shakeups a good thing and that the layoffs in hungary's a very inflated public media sector has been long. this government has not only talking and been talking about but they have laid the people off because they saw that it is unsustainable. so i think. this debate has become. very politicized it's more about politics than about professional commerce. if something is also a stain a bore you have to cut costs that the day has been strongly contested many talented
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journalists have found themselves out of the job. is not transparent to. the people. to the. recent firings and uncertainty about the implications of the new law just some of the recent events the quds are serious about hungary's democratic. everything more critic government needs an independent media so if this government thinks that it can oversee the whole media it can influence the whole media it can regulate the whole media it's very. very bad ground but heavy criticism from both within the country and internationally the government is sticking by the new media laws and the changes they could bring to the start to
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radically transform the face of hungary's media so it's a bit of past. time now for the business news with mine. hello and welcome to business here on i see the russian markets are up again after closing in the black on thursday evening for the first time in seven trading sessions equities have been given the further lift by performance on wall street overnight which saw the dow jones index gain more than four percent while you're going to skin off this at the stock exchange and moscow for business. looks like on certain volatility remain the name of the game here in russia the last five days have now become the most volatile trading week since two thousand and eight authorities in europe are trying to reinforce some calm on the markets by banning the short selling on banks france italy spain and belgium have banned bets which
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allow the investors to profit from the fall of the prices of the stocks but similar steps have been taken before in two thousand and eight by the u.k. and the us back then it resulted in a degree of artificial inflation in stock prices on the down side on friday r d a latest economic growth figures from france which is already under scrutiny from rating agencies due to its high debts and g.d.p. figures aren't helping the situation since they were showing the eurozone second largest economy is stagnant clearly there is a lot of talk on the morning to all into whether this volatility is part of a multi-state downturn or means the market is near the bottom of analysts are saying now it's to wait to sell yet too early to buy so since it's impossible to predict the market's moves perhaps the best thing to do now is still steer clear of the market. let's take
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a look at the markets we'll start with what's happening here in russia both markets are seeing a lot of volatility at the moment the arts yes and staying there more than two and a half percent. well the my sex is dated just the less than that and there's a stat sort of the market movers on the my sex energy majors are in the black gras snuffed is adding three and a half percent and lukoil super side's banking stocks are also doing better haven't been off the worst performance sectors are in the current market turmoil. over in europe markets fell immediately after the open but have since been climbing however the latest french economic growth figures are a cause for concern as they show the euro zone's second biggest economy was stagnant in the second quarter the footsie is damon almost two percent small the facts as all more than two and a half the suns let's take a look at the oil prices they are mixed this hour with many fearing market volatility it will slow down economic recovery crude prices dropped as low as
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seventy five dollars and climbed us high as eighty six dollars per barrel this week which added some jurors in the markets. and precious metals are in the very goal this catching this breath after a break in a new record on thursday it's losing points eight percent the sound all silver as those in just a little bit less than lads. and that's all the business news for now for more stories you can always had to our website r.t. dot com slash business in the meantime states in for the headlines with already.
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welcome back you're with us you live from moscow with. a quick summary of the headlines now sliming of the social media but society feeling is sidelined as david cameron calls for a ban on twitter and facebook locals in the violence struck streets faith in their own strength. from one. part of society. stripped all of immunity for u.s. defense secretary donald rumsfeld could find himself in the dock after two with iraq war veterans are given the green light to suit him for alleged war crimes they claim rumsfeld responsible for the torture by fellow servicemen. and media call in hungary as the government keeps a firm grip on the press with the controversial. hundreds of journalists silenced broadcasting licenses of being revoked in newspapers fined for voicing.
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