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tv   [untitled]    September 12, 2011 2:01am-2:31am EDT

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it's two thousand and five relations between the two countries have been strained in recent years over a number of issues notably the poisoning death of a former russian security agent in london are these and he said now he has more on david cameron's visit. it looks like the both sides have agreed to disagree pretty much the show must go on and both russia and britain understand about some six years full of many issues on which the two quincey idea why and lots of mutual understanding let's not forget the linchpin yank us song when former russian security officer alexander nugent yankel was poisoned by polonium and died in london britain then was looking to bring back a russian citizen which is thought could have been behind the killing that was followed by a diplomatic wow expulsions and pretty much although not official as severing of ties on the highest level also over the past couple of years british authorities reluctant to actually die russian citizens wanted by courts here in moscow just
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a lot of issues that have really interrupted moving forward in both russia and britain one fact to stop well both countries understand their responsibility as major economies in light of the financial crisis there's a major deal under work under works between shell and russia's gas from of course in the energy sphere and bruce investment in russia has reached forty billion dollars by the end of twenty times so both the leaders and of course businessmen alike one fat relationship to continue to develop in a positive light that is from doing so since the global financial crisis of two thousand and eight both countries are holding upcoming olympic games london in twenty trials russia is sochi and trying to fourteen so they certainly have a lot that they can talk about and that's just in bilateral relations they are certainly going to be touching the most pressing global issues and we're hearing on the top of that agenda will be libya let's not forget that britain along with france were two of the first countries to really push to secure that u.n.
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resolution to go into libya and with some of the first forces in the country they're also going to be speaking about syria and perhaps you want nuclear program as well we're not expecting any kind of major breakthrough out these two. but certainly both sides are hoping that this is at least the first steps or perhaps even the beginning of a reset. our season is now a fair reporting on today's talks between the british and russian leaders in moscow . italy's much disputed fifty four billion euro is tara the package to slash the country's crippling debt will go through a final debate of the lower house of parliament on monday it would increase taxes and cut government spending to balance the budget by two thousand and thirteen but constant changes to the plan and squabbling between lawmakers has damaged people's faith in it and as i've abandoned reports there's a town that's decided it doesn't want to wait for the cuts. welcome to filipino
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a small town in the middle of italy that also claims to be an independent principality and to prove it it's even started printing its own money the man on the new note says town mayor lucas a lhari now self-proclaimed prince i guess everyone dreams of being a prince when they're a little boring and so did i now i get to live that dream filipinos going solo in protest over government plans to slash council funding he wants mall towns to merge having the number of local authorities with a population of just six hundred philip teano and its mayor for the chop. it's a terrible idea because it makes no economic sense we have everything here to be autonomous and besides our neighboring towns are at least thirty kilometers away so it's not practically possible it wouldn't even save that much money most regional administrations do nothing we should get rid of them instead of the cancer part of
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a forty five billion euro austerity package italy's in deep debt one hundred twenty percent of g.d.p. the second highest in europe but unions a furious with the cuts accusing the government of punishing those already at their poorest even some of silvio berlusconi's own allies now oppose them with amendments piling up but filipinos fed up determined to be the next san marino a constitutional republic within italy that has no national debt a rare thing in europe methinks the town can live off its natural resources of wood and water but currently profits go to private companies there are constitutional hurdles but since autonomy is not illegal it could just be a matter of time at the moment there is no exam legal tender just souvenirs but the plan is for two theory to be worth one euro and for this to be the only current. they could be spent in the shops and restaurants here business is always been slow
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in this sleepy town but shopkeepers hope the new money will bring new cash. i'm sure that once we start using the new currency the economic situation here will significantly improve it will have a positive effect on tourism of course attracting more people to the town. far from being a p.r. stunt filipino means business and berlusconi knows it he's visiting the town later this month to stave off the rebellion and he'll have a fight on his hands filipinos the sort of rome's water supply and that may is threatening to cut it off if he doesn't get what he wants either bennett r.t. filipino italy. death late in greece meanwhile is planning to impose a property tax acclaims will let the country meet the demands of its lenders the greek prime minister has already pledged to move ahead with highly unpopular astaire and measures later this hour we talked to a greek m.p.
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cmos kcal blue who says joining the euro zone was detrimental to his country's financial health. and with the help of the european union greek for most have stopped producing can imagine the country like greece right now . it's people we don't produce enough meat we don't produce enough we even oil we are importing and we had the scheme from the european union that farmers were paid so that they wouldn't produce anything. we've destroyed. the main assets of our economy the investments that were made that. were only to sell germany you know what's the biggest investment it's made in greece for the past ten years super markets. and we ended up buying german productions buying german because maybe greece borrowed
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a lot of money in the past ten years from the european union from germany especially why don't you check out how much money germany has made out of greece the past ten years you'll discover that it's more than what we borrowed. as country after country in the eurozone imposes cuts leading to more cuts causing public anger to spill out into the streets we ask if there is a way out but later some financial people in the know joined a debate on crosstalk. the banking interests in europe crippled the central bank they didn't want to some troll bank to create credit they say we want governments to come to us and pay us interest and we want to rip off the economy don't have a central bank don't have a public option let us raise your cost of doing business give us the business so of course there should be a central bank unfortunately some plank is enough to create employment enough to run the government deficit enough to help the people but to give more money to the
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banks to bail them out that is rotten that is central bank lobbyists and that shouldn't happen and if that's so they create a central bank then good for the europeans for saying to hell with angela merkel. i have to concur with michael on this and i think essentially what we see is continued rent seeking ever since the lisbon agreement and treaty what we've seen is really going back to maastricht is an attempt to liberalize into privatized credit creation so we have this rent seeking from the real economy to the financial sector and i don't see things changing. all that debate is coming your way in just over an hour here on our team and so i had this hour though america remember the victims of the worst terrorist attack in history a decade after the nine eleven attacks. in egypt and turkey turned their backs on israel which is warranted could soon be isolated in the region but former
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ally is expressing a growing resentment. wealthy british sign. market why not. why no one should really happening to the global economy with my. stronger for a no holds barred look at the global financial headlines tune into kaiser report. to be soo much brighter if you move it. from science to.
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news for a start on t.v. dot com. iran's bush era nuclear power plant will officially start operating when it starts to provide electricity to the national grid later on monday the facility which was built with russia's help came online last year russia's sanity minister praised the efforts and working together and promised similar projects in the future. to gather with the rate income to parts went through difficulties some problems building to share power plants and to do what can be proud of the results that are drawing the attention of the whole world i'm sure for the cooperation in operating the station and developing other nuclear energy projects who will be distinguished by the atmosphere we created while working together. russia has agreed to provide fuel for the plan but iran will return all span fuel to russia to ease western
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concerns over its uranium enrichment program there ron is once again stressed its atomic ambitions are peaceful and are not aimed at building nuclear weapons. sunday was an emotional day for americans remembering the victims of the nine eleven attacks exactly ten years ago thousands gathered in a new york avenue memorial at ground zero and stewed in silence while the names of the three thousand people who died were read aloud ten years ago terrorists crashed hijacked planes into the twin towers of the world trade center in new york and the pentagon building in washington d.c. one more plane came down in the state of pennsylvania the u.s. responded with invasions in iraq and afghanistan for which it was hugely criticized author and journalist afshin rattansi says washington's response to the attack was inadequate and will eventually backfire. i think institutional structures even in a country as advanced as the sole superpower on earth were at fault and many people
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have said the institutional and bureaucratic procedures didn't allow them to shoot down those planes before they hit the world trade center and so forth but perhaps a bigger malays here is that all systems seem to have failed in the media because the police forces the intelligence agencies government it's as if and this happens when empires start to fold the response from the united states to nine eleven was was so catastrophic very wrong that. someone love might not get what he wants but people all around the world have been affected so poorly so badly by u.s. policy lots of people in the global south still remember how their countries have been distorted or destroyed in so many ways by american i think american intervention in afghanistan and other superpower previous lives of union has proved again and again very dangerous for the superpowers involved afghanistan is not an
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easy place for america to take over and i think you more if as i say his first responsibility is really afghanistan people it's a public and then to the wider region not to the united states so the idea that the united states can take succor from what's happened in afghanistan i don't think so and as to democracy building democracy building needs to be created from the ground up but it took a huge toll on the american economy as well and it's a sad day for some of the sad day for those who believe in the constitution the original constitution of united states of america one of the greatest ever and see how superpowers they rise and they fall. well for other exclusive nine eleven stories and much more be sure to check out our website our team here's what's on the line right now. nearly ninety percent of afghans have no knowledge of the september eleventh attacks against the u.s. or of the reasons why their country has been occupied for nearly
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a decade find some surprising details and exclusive video online. and ten years after the attacks what does nine eleven mean to you make sure your voice heard in. make your voice heard. on our. video on you tube channel. you. the official.
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video. colonel gadhafi is remaining troops continue their resistance in libya as the rebels advance on one of his last strongholds with the help of nato airstrikes obvious fighters did not lay down their arms before a surrender deadline last week by the whereabouts of libya's former leader of who vowed to die in the country is still unknown one of his sons. crossed into neighboring usually air earlier reports suggest other members of the family and some associates are already there but of with gaddafi now on the run journalists are content don says nato is contradicting the initial of its mission. we have now nato was main rebel commander in tripoli who was
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a former friend of al-qaeda and a so-called jihadi so this is really the big news story of today which in the end hardly any of the new news networks are covering it the world has to learn that the west will never give up its domination of the globe without devastating and taken the rest of the world to war so in as much so doing the main lesson for us to learn is how do we develop our effective internationalism against aggression of the west the lessons of obviously been learned by the west because what they've done in libya. you know gadhafi has more of a social support in libya than the taliban do in afghanistan unlike of coniston libya is just neighboring europe so when the resistance that is raging in by the lead and certain to want to go. in libya i think europe needs to watch its back. turkey has warned israel it faces a growing isolation in the region as the turkish prime minister heads for egypt the jewish state has recently found relations with ankara as well as cairo strained
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after ryder's they are ransacked the israeli embassy anger swelled after israeli forces responding to cross border militant attack mistakenly killed five egyptian police officers last month and turkey has vowed to sue israel in the international court over its blockade of gaza and all military and trade ties with the jewish state after it refused to apologize for killing nine turks in a raid on an aid flotilla last year dr jonathan spire from the global research in international affairs center says the role of israel in the changing middle east is diminishing. it's important to remember that there are there approaches underway in the region right now which are in no way in which israel can in no way really exert any influence we are in the midst it might be said of a tectonic shift actually in the strategic picture of the middle east the government in egypt wants to continue to have a general atmosphere of known simply to israel and western and so is ready rhetoric at the same time in reality they are dependent on american support and one of the
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aspects of these moves towards making a bid for regional leadership is once again the very distinct cooling of to put it mildly its relations with israel so these approaches is of historical magnitude which israel can't really influence israel in a certain sense is only going to be able to pursue a policy of damage limitation hoping very much to keep these relationships with egypt with as much as they possibly can doesn't really matter right now exactly what israel does israel is going to be increasingly isolated it's going to be put in a very defensive situation and that i think is the reality in the region we're looking forward to at the moment. now let's take a look at some of the stories from around the world counting is underway in guatemala the presidential elections with former military general out of paris molina thought to be beating leftist groups have warned against a return to the nation's dictatorship past but a high crime rate and poverty in guatemala have left many voters seeking tough solutions alice a million and nicknamed the iron fist is seen as most likely to restore order and
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stability. japanese prime minister you she could not a has appointed former government spokesman yukio edano as trade minister but change comes a day after the resignation of the previous incumbent. who had held the post for an entire week mr truro was prompted to resign by opposition parties after he called the area around the tsunami damaged fukushima nuclear plant a town of death among the trade ministers responsibilities as japan's. a march in chile to remember the victims of dictator augusto pinochet turned violent crowd started helping police officers and the media with rocks before a full blown riot started on the streets of chile's capital santiago similar marches are held in the country every september eleventh.
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we're up to date now and see what's happening in business you always hear. hello and a very warm welcome to the business update fear as a mounting the world is heading rapidly for a second deep of the recession economist nouriel roubini who once predicted both the collapse of the u.s. housing market and the worldwide recession which started in two thousand and eight warns of a perfect storm of high debt rising inflation and political indecision russia's risible big place to ride out the turmoil with its healthy budget but trying to stretch its chris with us says that will offer only limited protection when the mood turns sour in reality russia is in a much stronger position today than it was in two thousand and eight so you know the russia is in a much better position to be able to withstand global downturn. you know to to to remain fiscally solvent and stable that's the reality it doesn't matter the
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perception is that russia is still a high risk environment and most international investors view russia as a derivative of global growth therefore if they become optimistic about global recovery russian asset prices tend to rise higher faster than others and equally when there's a sell off as we saw in august russia nasa prices will go down probably even faster than the rest greece's debt problems just won't go away leaving many believing a default is an event inevitable but sid is chief economist william believes the e.u. will draw out the purses to avoid shocking the market. the. restructurings . right. out of greece. portugal. could be done in one fell swoop. europe always tries to be a little bit pregnant but curative expect a lot of the great to be sixty five or eighty percent of the nose for all of our
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jobs and that of course will require. of banks that are exposed to degree especially in greece but also. from an open question. let's have a look at the markets now oil prices low investors fear europe's debt crisis will harm economic growth tempering demand for raw materials why it's we just currently trading at eighty five dollars per barrel while grant is below one hundred twelve dollars. and stocks are posting significant losses following friday's steep selling in european into the markets exporters the main retreat is in japan make a nice three percent down while electronics produces sharp it's almost five percent in the red in wild banking stocks are the worst performance in hong kong with h.s.b.c. down over four percent hitting a two year low. from the russian markets extending last week's losses in early one
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to strafe we are testing my success deeply in the red truck in global markets where . the russian approaches ended last week on a low despite president obama announcing a new stimulus package for the u.s. economy looking ahead to the next five days so the. capital is not optimistic potations of more poor economic data remain high. it's a very interesting sequence of the events so. the speech will be. gotten idol for me everybody understands the problem with was there will be a situation he just proposing some measure of certainty for problems will block this measure of some congress republicans will be the public ending this and that's why the chances for obama to pass these legislation really high but i think that the real market more in fact he will be the way you were pm which
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will arise during the next week because we haven't seen them forward to almost like a week it's a pretty long period of time for these kinds of finance to happen. now russia's preparing to ban small air charisse from running both china and local flights routes will be given to the country's major airlines who will also get state subsidies analysts say this could reduce existing passenger traffic by up to forty percent with just a few companies operating in the market the move is aimed at improving russia's for aviation safety records after almost an entire professional ice hockey team was killed in a plane crash last week. another business update unless someone else tie for you and don't forget you can find more stories and a lot of says on our website r.t. dot com slash business.
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like millions of americans i've lost thousands of dollars in retirement funds and i haven't had as bad as many it's not just about this it's about me to. me man brother got to show.
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g.'s. needed. but now she. says this is my film i get the last word this financial crisis will not be turned off like a light switch. well
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when one deals with war for us to realize that this tremendous amounts of damage that are done not just human damage but damage to the physical environment in which the battlefield takes place tremendous amounts of damage done by aerial bombs by napalm boy coming from the city whether it's on sonic boom sea tracting marine mammals or it's the burning oil fields in iraq or it's destroyed coral reefs in the pacific for landing purposes the list just goes on and on the geneva conventions of nineteen forty nine states that they are shall be taken in the war to protect.
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against widespread long term and severe damage the united states although it is accepted almost all of the provisions of political one. has taken exception to the.
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welcome back you're watching r t coming to you live from moscow these are the top stories the british prime minister is in moscow for talks with the russian leadership after years of strained relations it's the first official visit of a british leader to the russian capital since two thousand and five. a deal is disputed fifty four billion euro a sturdy package and has a final debate in the lower house of parliament but open protest be unpopular cods have already started with some areas of the country going as far as seeking autonomy. and iran prepares to officially blog in its russian build bush era nuclear station the country's first atomic power plant will reach about half of capacity after being connected to the main national grid. more tough.

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