tv [untitled] September 5, 2011 11:01pm-11:31pm EDT
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western european allies are pushing for action against president assad's regime which they've already sanctioned french political analysts appearing where land believes that there is an underlying motive in calls for protecting syrian civilians. sanctions in general do not work because countries always find ways to go around that sanctions and saw that sanctions would start only november so tired we go on with production of oil although they would be banning of importation so it's not quite logical and most probably syria would find different outlets for for its oil in every single one of these situations because every time the west or other countries talk about a humanitarian intervention the question that needs to be asked is why there is the intervention in some countries but not in others for example in bahrain the people wanted to get rid of their regime but since it was so close to the u.s. there was no question of a humanitarian intervention and there is no question of the french or the saudi
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arabia no question of intervention to help the palestinians so the humanitarian question cannot be de forced political and economic questions you have to find the political and economic and military interests before you start believing in it humanitarian reasons because most in all so-called interventions humanitarian interventions you there's another reason which is far more important. while syria's struggle drags on a lot see how it's be impacting on the people of the stricken country or is there and has been meeting those at the sharp end of the say. the dealer is a master barber those small his shop was floor until it all ended in the snip. many customers that would come from this forest twenty kilometers away from damascus but now the flow has come down a lot first came the unrest then the crackdown then the west's quickly stepped in with sanctions how to survive the economic pressure on the cheap the political how
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about trying to help the people of syria to achieve the legitimate aspirations at first all major credit card transactions were stopped earlier this month but that mainly affected foreign tourists because syria runs its own payment system and those with syrian accounts didn't feel the pinch however the e.u. and the u.s. are tightening their grip by imposing oil embargo on damascus so will that have any probable effect on the people here. of course sanctions will have a negative effect on syrian economy it's a diversified economy with a stable death which gives it a certain immunity against these sanctions. and this is not just government gloss in the face of imposed adversity syrian opposition figures are also unconvinced but for a different reason why the. government have chosen their path and no matter what measures are taken against them will continue down that route. sanctions are sold as
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a precise weapon to hit the regime where it hurts but syrian alast say they're too blunt a tool and it's the people who will suffer the most when you are talking about. what we call it it would be my life as a serious citizen. but while the power dealers of the west in syria trade insults and blows for syrian workers like nigeria the daily battle is to keep his modest livelihood together while hoping for the best. r t damascus syria and coming up shortly events in libya. stay with us to check what's happening in the country divided with both sides ready to fight to the bitter end. plus europe's financial bosses tighten their grip on greece demanding it sticks to its.
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israeli security forces are given clearance to shoot palestinian protesters preparing to march in support of their bid for state recognition tel aviv has also armed settlers in the west bank claiming the need for self-defense or has the details. in some quarters there is talk of a intifada that some will say will be as bloody and as violent as the first two seculars of whom there are some four hundred thousand living in the land that has some two and a half million palestinians in the west bank all bracing themselves for violence as is the israeli army and the israeli police not for several months the israeli army has been preparing in an operation it calls operation some the seeds and it's now in the final stages of putting the finishing touches in place to this end we're being told that they have demarcated a line around every settlement in the west bank and what this means is that palestinians who approach beyond that red line will be shot at by soldiers who will
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have a mission to do this now there also has to be intensive training in terms of security groups within these statements they have been participating in girls that the army's been undergoing safety and provided with stun grenades with water cannons as well as with tear gas canisters on saturday we saw the largest protests in this country's history way some four hundred thousand demonstrators took to the streets of ten cities here in tel aviv was one of the focal points a number of speakers a number of artists address the crowd they spoke about making history they said really that this was a turning point in the history of this country what protesters have been demanding for the better part of two months is the social issue justice really what they saying is that the netanyahu government needs to be focused on issues of security and focus on internal problems problems such as the high cost of living in this country and this is a criticism that netanyahu is facing a criticism that he is spending too much time on issues on the international agenda
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rather than addressing real domestic concerns here at home talking to protesters they accuse netanyahu of being passed been responsible and of being out of touch with what people in israel are concerned about. the head of nato says the. his military intervention in libya will not end with the capture of colonel gadhafi on the front line rebel forces are waiting for the green light to crush one of the last remaining pockets of resistance by khadafi supporters rebel negotiators say ceasefire talks in the town of bani walid have broken down but the country's interim government is certain there's still hope for a peaceful solution the national transitional council says two of the colonel's sons who had been blocking the surrender of bani walid have now fled the area unclear number of coffee loyalists are holed up in the town one hundred fifty kilometers from tripoli earlier been given until saturday. but more loyalists are making a stand in his hometown of sered and several other areas. notion of reports the
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battle for bani walid could prove decisive. they've been preparing for this operation for quite a long time with nature helping them clean path towards its military facilities in the area by the way lead has always been known as the stronghold and people from this area have since the beginning of this conflict here in libya been fighting against rebels all across the country and have been dying for. all the time in supporting gadhafi who has provided them with very good and the best weaponry so that's clear that it will not be easy for the rebels to take control over these areas while they need it's actually the host larry has been known and while. not surprisingly remains the country's number one priority is thought to be right now with his sons in this area and this is. one more reason
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to take area as the national transitional council has repeatedly been claiming recently that is now secure and is now safe and that. they are working hard to try to restore the country on the territory now controlled technically by the national transitional council that we see on the ground actually make so. they say they are successful so far apart from the humanitarian challenges that the country extreme currently facing such as severe shortages shortages of water food medicine and. politically cetacean these very unstable the city is full of people with unclear gender many of them very young with little knowledge how to use weapons and it's quite unclear who is controlling them. british prime minister
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david cameron has called for an inquiry into claims that u.k. intelligence agents extradited terror suspects to libya the allegations surfaced after human rights groups in tripoli found a document outlining m i six and cia rendition programs but former british intelligence officer and he expects the investigation will be brushed under the carpet. when david cameron calls for an inquiry into these allegations he's been credibly disingenuous under the u.k. law the inquiries act two thousand and five any inquiry that is established including this in this torture inquiry headed up by subpoena gibson is circumscribed by the very organizations that are being investigated in this case m i five and m i six so it's going to be toothless plus of course the other consideration with this is that subpoena gibson himself is heading up this inquiry it was actually intelligence services commissioner for five years prior to taking on this role so he's been cozying up to the intelligence services in the u.k.
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for five years i doubt if he's going to unearth anything deliberately perhaps he would probably want shine a bright light in the dark corner should we say he'll be friends to the intelligence agencies they will have lost all credibility they have double deals in libya for decades now and really their chickens are coming home to roost and i can't see how any government that comes into power in libya will trust whatever m i six or the british government now says. ukraine says it's now willing to negotiate over gas prices with russia after the kremlin said it would rigorously defend the already agreed deal in international courts foreign minister sergei lavrov hears that ukrainian counterpart talk energy costs after a push for a new discount because of struggles in paying the current contract. well certainly over the last seventy two hours that clearly seemed the temperature in this new gas crisis has reached critical level especially with somewhat sensational and very loud statements made by president bush president of ukraine he
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plans to sue russia in the international court to have the two thousand and nine gas contracts we vice there also was a very stern reply coming from the kremlin the presidential press office sad that should ukraine decide to take this case into international court in stockholm then russia would be ready to stand its ground and that of the law the international law was only its own russia side believing that russia would achieve victory should this law suit a cure now the situation has changed dramatically over the past twenty four hours with the ukrainian prime minister and you guys out of saying that until the new price is agreed until the new contract is signed the ukraine will be sticking to the current contract and will be fulfilling all of legations. paying up to four hundred u.s. dollars for one thousand cubic meters of russian gas which is the market price and this is the price which ukraine has been pretty much on the happy with russia is not as strongly dependent on the ukrainian gas transportation system as it was back
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in two thousand and nine now we know according to russia's prime minister vladimir putin the north stream by plane will be launched pretty much soon in fact it's a test run will be started to morrow on tuesday and winter stand in the months in a month's time the european consumers germany in particular will be receiving the gas through the north and the us that is something which was not existing in. two thousand and nine also wonder stand that the south street pipeline is also going to going to be completed in the needed nearest future so this means that the european consumers have nothing to worry about according to all the officials in moscow in gas from in the russian energy ministry and in the kremlin and we would not see another gas war which would affect the european continent this time around the european central bank is proposing that brussels takes more control over how euro zone countries manage their financial affairs this comes amid renewed concerns about the state of the greek economy and its inability to spend to cut spending or teased in your bushel reports. greece could fail to get its second bailout to carry
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out the terms of its first one that's according to the european central bank chief trish a he said it's absolutely imperative to tighten monitoring of countries in the eurozone calling for a single european government to impose economic decisions on countries according to aaa more governance within the eurozone is absolutely essential i mean if you talk to you here in brussels the. rating the single single. e.u. bureaucrats making decisions for national economies is the right way to go ahead or even that it will save the euro anyway with growing numbers of people here fearing the single currency maybe a sinking ship between. the greek officials are full and appalled the e.u. says greece has failed to cut its deficit you also have countries like finland who are resisting any more bailouts until they really understand what's going to going on in these troubled countries not just greece but obviously also portugal spain
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they use given greece a few more weeks to go through with the plan then you can check on the situation in that country again of course that's raising even more doubts about greece's ability to avoid quitting the euro so it's understandable why investors may be panicking here in europe at the moment. financial writer peter builder believes that the euro zone system is so flawed that even a common economic government won't save the single currency it may indeed be getting if not too late and certainly very late in the day in order to institute a financial government for europe the system could collapse before it is politically possible to put these sorts of measures in place but at the same time although parliaments if you like don't want europe to collapse there is a growing feeling both within parliaments and also amongst the people who elect parliaments and that's certainly true of germany the most pros european all three
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of all of the countries but there is a certain impatience away in up is it really worth giving up a sovereignty and b. possibly a lot of money in order to save a system that was really designed right from the beginning it is certainly a question that parliaments are going to be putting to each other over the next coming months. some of the world's other main news for you right now. iran has proposed allowing the full supervision of its nuclear program by the un's nuclear agency but the concession will only come if sanctions are lifted earlier the u.n. nuclear watchdog the i.a.e.a. accused the islamic republic of failing to cooperate with inspectors to iran is the subject of four sets of sanctions over its refusal to suspend enrichment amid fears it seeks to build a nuclear bomb the country insists its nuclear program is peaceful. the corruption trial of former president jacques chirac has resumed but the judge says
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the frail statesman won't have to attend the seventy eight year old is charged with embezzlement while mayor of paris and pay paying party members for nonexistent jobs shock's lawyers say he's suffering memory lapses because of his failing health he's the first french president to face trial since the second world war and could get ten years in jail and one hundred fifty thousand euro fine if convicted. a twenty six kilometer wide wildfire swept across texas on monday as the u.s. state suffers its worst drought in almost half a century the fire has destroyed about five hundred homes and left thousands of hectares in flames as powerful winds from tropical storm leave fanned the blaze a twenty year old woman and her baby daughter died in a blaze in texas on sunday the state governor says the next forty eight hours are crucial to seventy two hours are crucial and that residents should heed evacuation
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orders. police in sydney australia have sealed off an area surrounding a court where a man has seized a child unconfirmed reports suggest it's the man's eleven year old daughter is comes a month after a fake bomb was strapped to a teenager at her home in sydney. and that was the main news a bullet in this hour. now for decades america and europe lead the pack in the global economy now their positions are floundering dragging much of the world down with them but not everywhere as are two you know hears from india that interview is coming up shortly.
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the ason p. downgrade of the united states economy has raised many questions about whether or not america will continue to be the powerhouse in the global economy and now the international monetary fund predicts that china will actually outpace the united states economy by twenty sixteen so how is all of this going to affect the traditional players and what is the impact going to be on the so-called developing world well joining me to help get some answers on all of this is oxford educated
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economist and the youngest man advert to had a world bank department he's now the chairman of india's planning commission mr monti saying ahluwalia i want to thank you so much for joining me so first of all i want to ask you is the second wave of the global financial crisis upon us i think what will happen is markets will be disrupted slightly moderate. growth prospects for the card here in the u.s. and maybe in europe but i don't see this as going back to two thousand and eight and so where do we go from here who is going to. fix what's going on in the world right now the world needs to. get together to work out what's the transition what's a reasonable transition in a world in which there will be more than one currency and where the traditional reserve currency at the moment is in a country which doesn't have a very well balanced macroeconomic situation and is there is. in india do you
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think that perhaps there could be a shift in the world order and that india could be somehow gaining from what's going on in washington there is certainly a shift going on in the world there's no doubt about that i mean any medium term or long term projection suggests that japan will go relatively slowly europe may grow a little bit foster good in japan the us has traditionally been viewed as a very dynamic economy is likely to grow faster than europe but the growth rate in these economies will be much less than the growth rate in emerging market countries i mean trying to brazil so i think over time there is a shift in economic politicking place one is to show. another way of looking at it is really the rising rate of emerging market countries and i think you're thinking
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of a world in which there would be a large number of relatively equal economic groupings and you want to global system that can accommodate that it it can't be a global system which is run only by saying well look this is the center of power and everybody else must adjust and it's been said that europe has dominated the air national monitor. find in your opinion is that part of the problem or at the thought of i do think that the dominance of the industrialized countries of these two institutions has to change remember that as long as europe and the united states are together account for almost half the votes in the army or from the world bank so even if you made a voting system they would be able to get their candidates in providing they collaborate with each other but you don't want to system where it's assumed that one organization will be run by one country and the other will always have
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a european and do you personally think that the euro is going to survive the creation of a single currency for europe was a pretty major and a bold step i think is generally recognize that if you want to have a single currency it needs to be backed by a single fiscal authority now since euro zone is different countries they obviously don't have a single fiscal policy but to back a single currency they must have a very shared understanding of who's going to pay the bills if a problem arises that will become a substitute for the single problem i don't think that's been sufficiently clear i think in the first flush of you know a good feeling about the euro there was an assumption that a lot of benefits that come to european countries from having the same currency but not enough appreciation that there are costs and obviously you know there is
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reshaping of the world economy actually if that's happening it's probably going to also have fundamental political shift as well what do you expect to be from our point of view the rise of a number of emerging market countries will create a much more balanced sense of the world economy amongst countries that were earlier seen to be dominant. might create a greater awareness that you know they can't unilaterally decide the future of the world and certainly countries that felt that they were not part of the critical decision making now feeling part of the political decision making i mean that's good democratize asian of the globe truth how positive effects because it will make these countries behave in a more responsible manner and the last question i want to ask is you know a lot of people are saying that investors are going to perhaps invest more in these emerging markets if they start to look away from u.s. treasury bonds i mean what's the planning commission it's short term predictions
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for india in relation to everything that's going on right now the big message coming out of how the global economy is moving is that the industrialized countries are going to grow more grew more slowly whereas the emerging market countries are going to grow faster india has been growing for the last five years at about eight point two percent anybody who's investing and looking around the world if they find one market is growing a little somewhere between eight and a half or nine percent another market is going to grow two and a half the same i mean they would be very well advised to invest in the markets that are growing so we expect on a medium term basis that there would be it already is and will remain preferred destination for foreign investment people look at the global portfolio traditionally they've invested too much money in the industrialized world not having anticipated what the consequences of globalization are going to be so over
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time i think there should be rebalancing a little more towards the emerging markets and within that i think india would be a very good bet. it'll certainly be interesting to see how affected by all of that i want to thank you so much for taking the time to talk to me thank you. which brightened. still. don't come.
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. pro independence protesters the un is expected to vote on palestinian statehood after this month something that israel strongly oppose. and seeking solutions for russia and ukraine agreed to talk says kiev pushes for discounted gas supplies been able to cope with the current pricing levels the deal that's in place now were struck in two thousand and nine and ended a european gas crisis. coming up in about thirty minutes time my colleague will be here with a complete and full look at your news but next on our team watch how global seas turn to plastic soup as we follow the investing.
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