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tv   [untitled]    September 6, 2011 11:00am-11:30am EDT

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top stories on our t.v. banking on the sanctions that use oil embargo on syria could backfire as one of you firms cashin are going for another two months fueling the regime it's going to. southern europe braces for a sturdy anger as italy and spain try to push through more savage cuts while the arduous efforts to save greece appear to be on tackling and. close in business blood on their fields and puts the finishing touches on the north korean pipeline it's a start pumping gas to europe i'll have more on that in business in twenty minutes .
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that's just after seven pm here in the russian capital and you're watching our t.v. now to our top story the syrian regime is accused of having more blood on its hands with government troops allegedly firing at demonstrators in the besieged city of homs well that's ahead of the arab league chief's visit to damascus with a peace plan to try and solve the syrian standoff over the e.u. however sanctions are the solution because art is dying a bushel explains their slow introduction it could backfire. william hague britain's foreign secretary says horrific scenes of brutality of. syria. sanctions were installed for over a month at the. age when europeans early from school freed their supply contracts which. oil fields developed and he joins like french to toll well being torched. tribute because the sanctions would start. to tire and we go on with
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reduction of oil as a result the e.u. me end up subsidizing the regime they oppose the oil industry can use sixty b. payments which means the e.u. could still be funding. intermixed year if other thirds crimes the horrific critics thought why the e.u. is putting profits above syria lives. diplomats warned saying sions won't even hit the mark they hurt ordinary people believe the ship they trained to target and most importantly europe's oil companies have to be on the shoulder of the syrian people while there are companies out of protective the e.u. is also hurting itself think exposed as damascus will simply shifts a ploy to the competition if you look at syria. already the chinese authorities have said good by many accounts e.u. officials hope new stocks of the black gold from libya would take up the slack but
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they may be disappointed we're not start being very productive and you know maybe end of next year and if they were an embargo on syrian oil today of course they would be short. with the war against colonel gadhafi taking much longer than the west expected maybe cuts you off one supply before a secured another new bushel for our team in brussels. that the u.n. estimates the number of people killed in syria to be over two thousand since the uprising in march american in the grain on the government but analysts in neighboring jordan believe the opposition is a wolf in sheep's clothing. there's two thousand people there. is sort of the saying about these maybe they are insurgents some of them are insurgents but remember there is also one thousand soldier was killed in syria so these one thousand soldiers impossible that they had been killed by by peaceful
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demonstrations if you do constrictions in syria was not peaceful in many a sense because otherwise hope could be a possibility that one thousand army men and policemen had been killed during this five month yes there is the mistrust but improbable sighs but we have the current situation and we should sit on the table and negotiate because there is no other solution. more to come this hour the manhunt in libya kicks into high gear for the rebels now accused of being too keen to target alleged often go a list and relatively innocent foreigners in the process. and the e.u. as human rights watchdog urges countries of allegedly been hosting secret cia prisons to investigate claims of serious violations. italy's a biggest trade union is vowing that up to a million it will march against the harsh new austerity package being debated in
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rome italy is teetering over its massive debts as one of europe's biggest economies its troubles threaten to destabilize the eurozone and spur of the financial crisis of the removal of several controversial provisions such as a temporary tax on the wealthy markets into a spin and sparked rumors of an imminent credit rating downgrade all across the early only and see efforts to further rescue the greek economy after athens admitted it won't be able to meet deficit reduction deadlines well for more on how this goes for the euro zone's future is fabio demasi a finance expert from many scruffy sparty. thanks very much for joining us mr hosty be italian governments all but agreed on these latest cards do you think will be enough to prevent the country from going under. well certainly not. something that crisis is just an offspring of the economic and financial crisis and while the government lets the majority of the people pay this will certainly lead to
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a new creche. in my opinion there is no solution to the current crisis in the euro zone without letting. just to give you an example in germany we have a public back of trillion euros we have a private network of eight. trillion euros. for time the public. will solve these problems without taxing rich people. like to talk about germany in a while but just one more passionately there are rumors that the concious facing a credit rating downgrade will consider your absurd jealousy right now how harmful would an italian downgrade be. telling downgrading would. in europe because italy it's not greece and or greece just three percent of g.d.p. but it will be the biggest economy in europe going to which certainly. your own.
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you were mentioning earlier about the deficit in germany you know a german court will also decide tomorrow whether the bailouts are legal what do you think they will decide i think. i think we have a very grave situation right now. it's not only more the parliament which is deciding upon the budget of the financial markets and this is unacceptable so i think there's a very legitimate reason for that is. quite skeptical whether the the judge of will will roof rule in favor of the compliance because if you if the. law does not not legal this will be the end of our current government and i don't think they will do this so if they don't do that you think the german public will still be sold during bailouts in the future then yes sure i
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mean basically what we're seeing at the beginning the current crisis of the euro zone is an offspring of the economic crisis which has been caused by the financial markets by the banks and currently what the government is trying to do this they try to let the majority of the people pay the bill of the crisis and this is not working you can't run an economy against a majority of the population and we saw the consequences in greece we saw in greece the g.d.p. . nearly five percent there where rising not falling and so i think there's an all solution you have for. more from the financial markets it's not any longer possible the banks borrowed one point five percent of you said be and then. lend very high rates to the street so that you've been making money with public that and suddenly you have to tax rich people if you want to bring a house in order to see your venturing. public opinion on all of this but there is
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a discrepancy isn't there from what the public thinks and what the governments think we just how far do you think the e.u. will go to save the euro right now is it in sudeep is it a case of we spend too much to quit now. i think it's a very critical situation what the government is trying to do now is to establish a core europe with from saudi try to the last democratic institutions and to have a form of central governments in order to to be able. to expand their role as the global trading powers but i think this won't work because people are fed up in the member states and i i see a very high chance of the government the government falling in germany over this which definitely would be what would even increase financial panic and
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it's not just the germany is it and the french economy is not looking too good as well i mean the government's pushing it's not a static it's not just very briefly how log in germany and france remain the pillars of the euro zone i think as i said there are two basic steps which must be taken first of all we have to decouple public finance from the financial markets so if for example germany and france would support. our claim that the use of directly find finance these countries have very low interest rates and we would start to tax the wealthy throughout the population and we would. take the money where it is. the financial markets in the portfolios of ranks then we would have a chance to resolve this crisis but it went on like this won't work there from the plea and so i believe even germany and france will have a few problems in the near future i thank you very much for your thoughts sir fabio
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to massive financial expert from the a leftist links nazi party thank you. thank you very much. well things are a little better across in a spain which also faces protests after its parliament bowed to e.u. pressure and voted to amend the constitution to limit national debt or the senate is voting today but unions and rights groups vowed to fight it saying the duck out with decimate the welfare system and hurt the most vulnerable. reports in other countries predicament is the leading some to take matters into their own hands. this was the last time really carmen had guests over at her house just a day after our two came to visit she along with her fourteen year old son was evicted from the subsidized flat she called home for five years then maybe they i was fifteen days late with a payment i paid five hundred twenty four year zero and they still want to lick me even though i paid everything and it was months ago soured out since then marie
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carmen has spent most of her time fighting to keep her apartment calm and collected but the pressure of losing a roof over her head caused mary carmen to suffer a heart attack because their part these apartments should be distributed in such a way that people can afford to pay for them but a lot of times they can't and i'm going to fight to make this type of housing more affordable and normal or fair when you carmen's case is not unique in spain the country's an employment rate of over twenty percent means many people are simply unable to make their next mortgage payments in the past two years more than three hundred thousand people have been evicted from their homes as a result of spain's financial crisis this is where members of the fifteen m. movement come in. according to the international human rights convention every person has a right to do some housing in the division is inevitable they have to make sure these people are not going to go homeless you just can't keep them out on the street i believe that they're going to zeeshan is known as the indignados are
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outraged they staged protests by homes of those who are be addicted hoping to prevent court plaintiffs and the police from entering sometimes they succeed like with this woman who kept her house because fifteen m. interfered with process. of security these are subsidized housing to people who are in tough situations financially so i can't understand how the candidate people who cannot afford to buy their own homes that goes so far fifteen m. have managed to stop fifty fiction's across the country. unfortunately for me carmen and her son. every victualled is a human drama and the people gathered here believe they are fighting social injustice but some wonder with the efforts of this group of people are enough to solve the problems within this better system itself in madrid. few minutes from now with a fast fading friendship assert his relations with israel saying to a new low r.t.
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here is how about the impact on palestinians hopes of getting us recognition. now in libya rebels are detaining oil engineers and cooks from former soviet countries suspecting them of being a pro get off the sniper as well to russians were later released along with a ukrainian couple after they managed to contact the russian embassy but more than a dozen ukrainians are still being held all artes many of the national is a tripoli with more. well as far as we know thirty two people including two owners of the russian passports and also by the russian and ukrainian citizens apparently working for the russian libyan oil company here in tripoli engineers and coupes men and women had been arrested here in tripoli shortly after the rebels took the libyan capital and have been put into one of the rebels' training center here in the capital after they've been accused of plain snipers of taffy we have been able to speak to the detainees and they deny all allegations because national for some
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reason the finger of slavic people are snipers we have nothing to do with that we came here to earn money peacefully these people say that they've been provided with food and water but some of them have been severely beaten and tortured by the rebels the russian embassy has actually managed to release two owners of the russian passports and ukrainian couple birds around twenty other ukrainians as to been held by the rebels here in tripoli. the ukrainian embassy refused to take them they said they don't have running water they said that they don't have proper accommodation. they would be better to stink of city. hall the latest what we're hearing from bani walid southeast of the capital tripoli where the fighting over it off is lost and main stronghold has been continuing in the last few days is that the rabble forces have reportedly reached a deal with the conductor's loyalist on the ground to and to the city without
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fighting this information is yet to be confirmed but if the research you do if the research agreement between the rebel forces and he does his forces in balad worley that actually would mean a breakthrough and we also receiving reports that scores of the libyan army's vehicles have reportedly crossed the frontier border into niger and many believe that duffy himself could also be in monday and good also. have fled the country we are receiving these reports just hours after gadhafi information has claimed it. currently is in the country and has no plans to leave it any time soon a middle east analyst rosemary hollis from london city university believes the war in libya could fuel british and french appetites for new interventions and she explains that r.t. in the next hour. cameraman sarkozy took a massive gamble that they could pull something off in libya. that would contrast
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with the disaster that was the intervention in iraq and you know hope president sarkozy talking as though this is a template for future interventions this is very much a kind of proxy war which must be extremely exciting and exhilarating. to be involved so the appetite for further interventions will exist. the council of europe's legal committee is to look closer into swiss claims that fourteen european countries allegedly allowed the cia to operate secret prisons on their soil or the report by a politician dick marty says you are so actions and there was a turn of detention centers violated basic human rights and torture it was widely used for the human rights commissioner has already urged poland lithuania and romania the conkling about their roles and told r.t.
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that countries need to decide if intelligence ties are more important than human rights. there is an enormous pressure from washington to keep all this secret in fact instructions from from cia with the support of the way not to give any facts on this so therefore it's not easy to investigate but i think that some of the european governments have been involved they have to decide where the. corporation between the security agencies are more important than to look into human rights violations and break the ice for you know impunity. ukraine's losing its key bargaining chip in europe center g.m. destry well it's been the only transit route for russian gas into europe but all that's about to change as prime minister putin explained during the launch of the more street gas pipeline. in the. ukraine is now longstanding
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any transit countries always tempted to use its exclusive status as a transit state now ukraine illusions privilege i believe relations will evolve into an adult civilized free market partnership. or ukraine has been using its status to try and secure discounts for russian gas as well as higher transit fees all such disputes lead to interruptions in fuel being pumped to europe back in two thousand and six and two thousand and nine the north korean pipeline travels directly from off to europe bypassing ukraine and thus eliminating the middleman leverage more and how the pipeline will change europe's energy in our business that few minutes. israel and turkey as a foreigner friendly relations are withering fast turkey is suspending all trade military and defense ties and the prime minister is threatening more sanctions against israel as well as a visit to gaza along already expelled israeli diplomats over the refusal to apologize for killing
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a nine eight activists in last year's gaza flotilla raid archy's false leader is following developments in tel aviv. the turkish prime minister everyone has announced that he could be slapping more sanctions on television this follows the release last week of a united nations report into what happened on board the marmora now that was a turkish missile that took part in the first tiller attempt to break the israeli siege on gaza some one and a half years ago and after israeli soldiers stormed the ship some nine turkish citizens were killed israel has repeatedly refused to apologize for the deaths and in response and korea has expelled the israeli ambassador it has downgraded diplomatic relations between both countries to the level of security secretary and it's also frozen all military cooperation the turkish prime minister used the word savagely when he referred to the israeli behavior he also accused israel of behaving like a spoiled boy in the region and he said that the turks would challenge israeli
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bullying in the mediterranean by increasing the naval presence there the turkish government has also rejected another finding of their u.n. palmer report which said that the israeli blockade on gaza was not illegal with the turkish government saying that it would now lobby that with the international criminal court in the hague we've heard from the turkish foreign minister held a press briefing with a top official now bill sha'ath in which he said that the turks had a campaign underway to help the palestinians the successful in a bird come september the twentieth saw a palestinian state now this is no surprise because for several months turkey has indicated that it is supporting the palestinians it is also indicated that it is embarking on a diplomatic campaign to help them in this struggle the official response from the israeli defense minister ministry is that turkey has a lot to lose but most people here really are questioning what israel is going to do because this is a crucial time when israel needs all the strains it can have particularly ahead of
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this u.n. bed which of course israel is against you need to remember. that turkey was israel's closest ally in the region and relationships between israel and turkey are at their lowest they've seen in more than twenty years and certainly seen the same between tel aviv and cairo where relations between israel and egypt are also now at an all time low. all the tension between the two countries may cause some incidents even worse than the raid on the full tila as gallia linder and struck from the as a true for national security studies in television has been explaining to r.t. differently turkey says that it will start acting more decisively in the eastern mediterranean this might have an effect i don't think the navies those ready made in the turkish navy will enter a direct confrontation but there might be mistakes like the flu to load so this might be even worse than the flu to logan i don't think actually this crisis between israel and turkey has a direct effect on what will happen in the. of course the question is what will
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happen the day after the un recognizes a palestinian state will that cause more violence with no difference and then it will cause palestinian frustration. oh we've got more from israel on lionel where the panthers are again on the prowl forty years on. don't believe we knew progressed and the country has become the enemy of its people everywhere citizens are harassed anger over social injustice is getting louder about israelis and the veteran black panther campaigners are right behind that all got more on the movement at r.t. dot com along with all of the news analysis. i'll be back with a recap of our story shortly but first the business is next with your. fellow
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time for your business of data very well welcome and more on the opening of the north rim gas pipeline russia's prime minister is calling the project a window to europe the twelve hundred kilometer alliance is now being filled before pumping begins next month business archies money the course around has the details . it was a split house implosion all by months and years of negotiations testing a new construction paper down to the on the public blood near putin all personally sucked the wheels in motion and the pipeline is now being filled up with gas to get it ready to start pumping in the hope hope for the crossover to not her have to rely on transit countries to get its gases meet her exports so that you are expected to double it in the coming decade and north stream momentarily have boards are all backups of the project that's now to spare cheryl cole in from overseas
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with her transit countries accusing russia of using the words as a political solution but the government insists it's only there to save more supplies europe has a plan for the island of castro the majority shareholder all sorts of other readies side many more service supplied the insides of european countries like relative france and that you pay for the second parallel pipeline comes on stream next year because i believe people meters of gas will flow from russia seward's customers in here. and it's been confirmed stream cotton of b.s.f. of germany will also take part in the south stream pipeline project chemical giant along with francis in z.f. will each have a fifteen percent stake in the gas pipeline across the platte c.g. europe the reshuffle means its list any will have its share in the twenty four but in europe for just twenty percent. let's have
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a look at the markets now brunch courage has rebounded with the european markets despise persisting fear as the european sovereign debt crisis these us placing branches drazen high of a solid one hundred and eleven tell us about how well the gulf which you know everyone is pressurised oil wars who can help to feed us on me. just took some shuffling lowball the losses come off the steep declines in the european indices investors. also worried about the weakness of the u.s. economy a curator of food from the u.s. subsector is expected to show the full straight month of declining growth has come from the heels of a jobs report friday that will see more since september twenty. ninth european markets are mixed investors are taking a break from two days of his selling food says gaining hard percent both objects is more than one percent down. is the picture in russia the markets here have made it into walls of territory at the close after the dropped early elementary stake i mean it concerns slowing growth and beat us in china and europe step growth will
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spark a global recession let's have a look at some of the individual show moves in my six most energy majors bars back from monday's losses. one point four percent meanwhile appliance retailer video games in the news of a possible with its rival eldorado and nickel shares rose on tuesday all told one of its main shareholders to sell didn't like the fifteen percent buy but also made by the nickel producer. and the wife of the former mayor of moscow has sold her billion dollar construction business in about the richest woman russia with a three billion dollars pool which i'm sure her husband your stewardship call for more scope wells burbank bought five percent of the one point two billion dollars phone while the small of bin bank took the rest mayor yuri luzhkov was fired last year by a present very over a lack of trust for may often claimed he's wise business success had nothing to do
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with his running russia's big decision. ok that's all the business news stories you can control what side are you dot com slash business. i'm on the worldwide manhunt for him listed for a fifteen year. one million euro war and was promised first come.
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political miss murphy the west. german and. general of the serbian army. chief. the official ante up location. i pod touch for me i choose ups to. take on the go. video on demand cheese minefield.

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