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tv   [untitled]    August 15, 2011 1:01pm-1:31pm EDT

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international news and comment live from moscow this is twenty four hours a day deposed president hosni mubarak and his former interior minister will face the judgment of an egyptian court side by side the judges ordered their trials to be merged into one monday's hearing was short as the lawyer for barack and his sons also for time to review evidence and return on september fifth wheeled into court on his sick bed is on trial for corruption and ordering the killing of protesters in february uprising the clashes between pro and anti mubarak supporters outside those who still support the former president saying it is a way to humiliate him. as funding up but even those on top here square during the uprising so look the current military rulers are committing the same crimes. so young to vote yet old enough to die for his country this boy was just seventeen when
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a different police killed him on the toughness where last winter today he's adorns one of the central thoroughfares there's even a talk of naming a street in his name what makes someone a martyr and not very well in the age of right now if the date of death was gunned down prior to mubarak's resignation f.-l. abraded this patriot who lives with the writer future of that country those killed after his ousting sometimes are very serious criminals to undermine that country's democratic stripes and it doesn't matter that they share the same goals and they'd have these days just this is about power and not the other way around this young man also account of himself among the children of the revolution if his older brother he celebrated mubarak's departure from power or to fear of taking it would the and to the police they three months later he was killed in what his brother believes was a government sanction. and shoot out the man is going on and on the sniper shoot my
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brother dead and a bullet went through his fall hit and it came out on the side and i saw it to shoot no one here has a weapon like this only soldiers do like families to victims whose deaths are now being pinned on mubarak these people receive no monetary compensation for their loss in fact they're increasingly worried that the new military authorities may persecute them studs is became an own compassing term for those who don't appreciate the ruling military clique and as. we expected the army to intervene to protect people just don't whine and spray but instead they started to kill people themselves who didn't expect. that if the supreme council of the armed forces as an interim caretaker when mubarak stepped down brought to power by the protest the generals nevertheless don't show much liking for mass gatherings the cradle of the egyptian revolution is now cordoned off by riot police those protesting accused
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of public disturbance to military trials in the last seven months there have been more people put on military trials than the number of people that were put under president of the. president of war so that's really president mubarak's regime individually of course there are thousands of cases that have been put. have been arrested and put on child and sentenced within the span of two to five days sent horrible sentences starting from three years up to twenty five years a scar on his forehead still hasn't healed but these activists believes he got off lightly from these encounters with the police a month ago a son of a former presidential contender who was jailed by the mubarak's regime nor says the new authorities are just a brute like the version of they all are it's extremely clear that there is very
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little difference between the people who are ruling us now. and that many of the crimes the whole thing but are committed to his people are currently being committed to us now by the people who are ruling with the disguise of the revolution he gives these bloody t. shirt as a reminder that the egyptian revolution is far from over the former president is now on trial for his role in the mass killings but the body is still being built on the streets of cairo it's not a boycott art it's. the current contenders for the presidential elections in egypt no chance of major political change says asia times correspondent pepe escobar the fact that mubarak is in a cage and he's been on trial this could be the beginning of the new middle east but we don't know what's going to happen directions because if dearie jeem triumphs in the elections if we have somebody like the airports in istanbul said the former
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secretary of the arab league or even mohamed el baradei it was called closing with the muslim brotherhood or even another candidate which is a region candidate revamps and we could be are quite some firm in washington d.c. for instance we are seeing a sense of change and this is what the to real square protesters do will be with their eyes full could leisurely focus on this trial at all times. in syria the intense government land and sea assault on the coastal town of the takia is thought to have claimed another twenty lives is the latest outburst of violence in the brutal crackdown on protesters for the scene of a one thousand seven hundred people killed since march global pressure is mounting on the country's president to kick start reforms and stop the bloodshed. made some promises weeks ago journalist neil clark told r.t. the outright western support for the opposition is fueling the violence. ten days ago president sad said he was going to allow multi-party system in syria but i
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think the opposition been emboldened by the support they are getting from foreign countries such as the usa france etc and i think that's what's really creating this very dangerous situation where we could be heading into civil war we don't know too much about you as you know we're all seeing things in the west through a very sort of view because you know that you're position arbitrators whites and white they're absolutely fantastic democrats of course i'm sure there are people in the opposition who are like that but when we contrast it with the situation in bahrain we didn't get these statements from the u.s. saying that the government must go but the opposition must take power to get it out in syria is a very helpful tool and if there is a. new regime falls we could be into iraq situation where we have sick tarion violence develop we could have attacks on the christian community she immerses sunni and the real fear is that syria could just blow up we could have a terrible terrible civil war we've got to prevent that happening and we only way we can prevent that from happening is if there's internal dialogue in syria. we're
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still to come on the program this hour here in our universe or diversion peace activists in israel fear and in conflict with lebanon saying the government wants to divert attention from its own blunders. also still to come the decision to cut america's debt rating spot on the world markets with panic leading to trillions worth of sell offs but the move led to a drop in the shares of standard and poor's itself while investors flocked to buy freshly downgraded u.s. treasury bonds leaving many to ask what grade the rating agencies deserve themselves. as this report. breaking news the united states has just lost its top notch triple a credit rating from it was the downgrade heard around the world in a strong reaction to the rating downgrade and u.s. well it's dead and standard and poor's took the u.s. from straight aaa student to one not below for the first time ever bad marks were
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handed down for the nation's debt and politicians inability to agree on reining it in a two party downgrading a lot of it has to do with the fate of the present united states i think this is a tea party problem the greater in chief says the u.s. is becoming a bit more unpredictable in terms of the conduct proposed to some of the other governments that we were a stoic response from the downgrade or that helped ratchet up that the yeah tricks of the debt ceiling debate with the help of the other ratings agencies of course stealing the show from bickering politicians with their eyes on the debt deal they may be missing really a larger concern because there is growing evidence today that the u.s. credit score is going to get hit now that the u.s. has gotten hit just how much does s. and p's mark actually count well not much according to some like investor jim rogers but it's not because the country isn't broke america is going down the tubes where the largest debtor nation in the history of the world it's because of the source these lead rating agencies have been wrong about nearly everything for the
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past ten or fifteen years don't pay any attention to them so just how does the report card stack up for the major ratings agencies themselves they are s.n.p. moody's and fitch let's assess test one the mortgage crisis of two thousand and eight these are the same agencies that rated the toxic sub prime dead aaa so i mean how do we take them with any level of credibility after that. well let's see if they get any from tess to the too big to fail banks and insurers during the financial crisis they missed many of the big bankruptcies they gave high investment . ratings to lehman to bear stearns right to the very end g. they gave a aaa rating to almost the day of collapse good grades for firms that collapsed or were bailed out because of bad debt in fact the financial crisis inquiry commission said the three credit ratings agencies were key enablers of the financial meltdown and this brings us to test three ethics ratings agencies are paid by the investment
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firms they grade and moody's and s. and p. are publicly traded which means they may be more driven to increase profits for shareholders raising this debate right now you have the companies that are being judged paying the bill and i'm around a big goal of berkshire the mr buffett also pointed out the market requires it because these ratings agencies has been around forever so they're in shrine by government regulations which oh yeah they have a stake in test for objectivity frank legislation the financial reform has restrictions on rating agencies and the rules that are yet to be written and they carry huge deal about what those rules end up looking like saw it wouldn't surprise me if they were trying to curry favor with certain politicians in fact they've spent a combined total of one point seven six million dollars this year lobbying washington over the regulations which brings us full circle to the downgrade of u.s. credit the u.s. was downgraded by s. and p.
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because of government debt berman where the government ran up that debt in part because it bailed out the big banks and a.i.g. back in two thousand and eight remember the one saddled with all of those bad mortgage bonds which the ratings agencies graded triple a when in reality they were a d or an f which makes you wonder if the ratings agencies themselves deserve a downgrade lauren lyster r.t. washington d.c. . you with all of our news stories and features are available for you on our website that's companies a quick look at what's available there for you right now stories of the past british spies prostitutes feminized. by smuggling into his food bizarre plans from the u.k. intelligence services. and. return to the norwegian island where he went on the rampage and shot dead sixty nine people that's all you chewed page of course you can also check out other social networks to share your views and opinions always
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good to have. a recent match should. be remembered not only for goals but also for the brutal nazi influence violence which flared up at the stadium this latest incident has added to fears that racists and hooligans may spoil the european football championship that ukraine co-hosts next year and. has deep roots in the country's football fan culture. the beautiful game turned ugly
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in the second half of genomics. several dozen fans brutally attacked his two words he was trying to take down banners supporting world war two insurgent army leaders . and the months. until he says he was simply trying to enforce the law. firms to remove them this violated the norm that no political agitation can be used at football games they refused and i tried to take them down myself the next thing i remember is someone hitting me on the head and dozens of feet kicking me on the ground. status has long been the main talking point in ukraine some here see them as freedom fighters and heroes others that's the majority of the population call them nazi collaborators in the one nine hundred forty s. they fought alongside the german invaders killing civilians russians poles and jews without mercy more than sixty years later and they was nearly killed as well but
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he's not sorry about his actions. and criminals is no place for. these banners are being hung by the same people who attacked veterans in the night fish year ukrainian football is no stranger to off the trials and nazi slogans the same football fans who cost with the police are often seen in the marchers at times carrying symbols for bitten by football organizations in some experts blame the trend on the ideology of the previous administration. ultra nationalism has been radicalized in ukraine because for five years it's been strongly supported by the ruling elite no ultra rights movements are infiltrating football supporters and nobody does anything about either the authorities know the football clubs the do normal key of clubs as it carries no direct responsibility for the incident with andre. chance logans like to ukraine to
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heroes death to enemies these laws unite fans in ukraine but will do everything to avoid incidents like this one those people are provocateurs and will stem from friends it's an excuse that would not stand up next year when ukraine and poland co-host the european football championship with the eyes of europe focused on key of bettors commemorating the likes of which if still a feature in twenty twelve could seriously harm the country's reputation for instance poland has no second opinion about them called. nazi war criminals with less than a year remaining until the final game of the euro twenty. it's brand new stadium looks set to be completed on schedule the question is whether the authorities would be able to use their remaining time to get rid of them and i'm not tolerated in europe if not experts say then could face serious sanctions from the european football governing bodies. r.t.
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reporting from kiev in ukraine. it's not just in the sports stadiums either. in ukraine as you can see for yourself and. the free video section this is from this year's victory day commemorations in the western city of. hundreds of far right use chanting praise for nazi collaborators and. two veterans the footage is on. video. showing the future. our team takes to the air show. peace activists in tel aviv believe
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a new israeli lebanon war is now inevitable they say now is the perfect time for a new conflict to shift international attention from social protests within israel as well as the possibility a new palestinian state could be recognized and the reports there's still a lot of tension from the previous. five years on instance the last israel lebanon wall and israelis are convinced his below is we arming itself backed by syria and iran we can anticipate unfortunately. in the situation to a much bigger. the goal of which to wipe out hezbollah to disarm and one last. enemy of the border but say the critics thinking a war is inevitable is simple israeli propaganda churned out for their own purposes various like you or i would have five years very slowly very large to just require
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a defensive war they want to defend themselves while blaming the war from the beginning but if war is on the cards now is as good a time as any syrian president bashar assad is struggling to stay in power and hizbollah in lebanon can't be sure of his support a fall of the syrian regime may create a new government which may want to shift away from the iranian alliance in turn then my trigger is but then my trigger is are all to go and try to take as well when it's a week at some point. and as fate would have it it's not only his but now that's weak these were any prime minister benjamin netanyahu is facing me toughest challenge of his two and a half year premiership these social protest demand for netanyahu to make drastic change which is why some suggest there's nothing like a war to quieten these young protesters it's certainly the patient these people who are conducting the process. same people who go to the army to fight
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a war and such a war would also potentially distract the united nations and international community from which a palestinian state which is on the cards for approval next month policy and to it must be peaceful and must their motivation and. dramatize this event is the only obvious short order. there will be people. should back. this is really what everybody is preparing for and among the occasional border skirmishes and aerial incursions it's really just a matter of time till the next full scale conflict politically r.t. tel aviv. now targeted you or some other world headlines in our world update this hour a wave of deadly explosions caused carnage across iraq two twin bomb attacks in the city could claimed the lives of thirty five people and wounded dozens there to
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seven blasts one of them in the province of diyala leaving at least ten dead no one took responsibility for the flurry of violence that has hit up to nine iraqi cities . also the world update this hour fighting in libya continues as rebels try to force governmental troops out of a strategic city fifty kilometers from the capital tripoli the opposition using pickup trucks with machine guns an anti-aircraft weapons mounted on them a fighting their way through zawiya it's the closest the frontline has come to tripoli in nine months and ports that libya's interior minister may have left the country to defect. so that brings up to date for the moment i'll be back with the some of our main news stories in about eight minutes from now in the meantime it's the business next with marina. hello and welcome to business here on our team now there's been a significant step forward in the gas dispute between russia and belarus the prime
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ministers from both countries have agreed to a new pricing formula add a meeting in moscow and i was he said i has all the details for us. put to called the new pricing formula and integration reducing coil fish and it's not clear what it means ielts but as the belarus prime minister said they liked the way it sounds put in the warning that whatever its amounted to it would not be a good price reductions would be dependent on gas problem acquiring the fifty per sound bellerose pipeline operate beltran's gas that it doesn't already own. these concessions to present the new opportunities for russian companies. that are. the poorest states of the belorussian economy with the we can negotiate taking position its currency has crashed since the beginning of the year and central bank recently raised interest rates to twenty two per cent bellerose is
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desperately in need of hard currency and russia is almost the only country in a position to lend a hand that is also willing to do so. the russian shareholders and seem to be taking their british counterparts back to the stockholm arbitration tribe you know they are once a final ruling on whether b.p. broke the shareholder agreements by try to organize the arctic exploration and share swap deal with rosneft lawyer andrea goldsmith lot says this is part of their strategy to get compensation. the original claim with our. was about to blog the transaction of the hero sniffed the success with achieved it was still called arbitrage in the first instance can for that if the shares than the host agreement would be violated now what the ira is trying to achieve the two can for the shareholders agreements was that they would like the arbitrage to come from
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that so this excess really proved that there was a violation of shareholders agreement but the next step would be b.p. filed in the damage claim to b.p. . the world's financial markets are heading for the third straight session of gains and that's after the most of all it's all week since september two thousand and eight the spot the current positive movement david jones from i.g.n. that splits the market may still plunge even deeper. the risk is that even though we've had a fairly quiet couple of days the risk is we could carry on going in the weeks ahead it's very similar the sort of moves we're seeing in markets to what was happening three years ago when we had the banking crisis and then we had plenty of volatility big slides go quiet for a bit and then just move lower again i think we have seen quite a big change in sentiment towards stock markets over the last few weeks you know investors are very worried about the situation of course we have the u.s.
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that went down to the wire getting that ceiling where i used we had the downgrade by the u.s. we've still got all these problems in continental europe with italy and spain so growth isn't very good there's the the risk of a double dip recession but i think the immediate risk is for the stock markets to slide a bit. let's take a look at the markets or oil has been up and down all day right now it's in the bill i have a value about c.f. both light sweet and brands are gaining over a dollar with the light sweet agence awards two dollars the sour. and precious metals are mixed the gold this question and after breaking a new record on thursday it's news in just point one percent this hour silver is gaining slightly it's trading at thirty nine dollars per ounce. over in the u.s. stocks are on the rise helped by corporate deals including google buy and multi-role of ability for all billion dollars in cash the dow is now over one
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percent on the nasdaq is about the same let's take a look at the european markets they ended the session in positive territory shares a recruitment and stop them from michael page one down sixteen percent after a disappointing first half results thanks however we're up in frankfurt with commerce bank leading again in two point six percent. and here russia of course is under the trading session strongly up energy and mining stocks were among the main gainers the r.t.s. came down last four percent while my socks added. almost three percent let's take a look at the market numbers on the my sex russian still major civil style gained almost two percent after reporting a twenty percent rise in net profit for the first half that's all minorities nicole was no exception the gained one percent the company's board said and another share buyback program is advisable and all major also left was also on the company's revenue rose thirty three percent in the first half of the year over twenty two
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billion dollars. for investors who are keen to jump in so there are some market at the moment peter watson from madison says the range of interest in stories is limited where you want to be if you have to be there sure is going to be telecom selected consumers and some selected utilities select it's difficult because you have the election side to it but i do think when it becomes a cyclical story you have to be very careful financials in russia looks fantastic to be honest but the problem is that when you see the market goes down because of the financial crisis you're going to see financials being hit in europe and the u.s. the russian banks or and or produce sound will get punished by association and that's all the business is for now but you can always find more stories on our website at r.t. dot com slash business the headlines are next with bill. the
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for. wealthy british style. is not on the front. of the. markets why not. find out what's really happening to the global economy cause a report on. the
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. line. would be soon much brighter than if you knew about someone from funds to impressions. sometimes he don't come.
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if you just joined us for a welcome this is all t. live here in moscow time to update you on our main news stories this hour the former egyptian president charges of corruption and ordering killings in the current call of many right to to depose him say little has changed since he left. investors worldwide rally to buy u.s. government bonds in defiance of a debt down that left markets in shambles raising tough questions over the trustworthiness of credit rating agencies. and neo nazis strike at ukrainian football matches on brutal violence in stadium sleeting fears could ruin the european championships to be held there next year. i'll be back with another update for you in less than fifteen minutes from now in fact not in thirty minutes from now in the meantime is our special report on the epidemic of domestic violence in the u.s. which.

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