tv [untitled] September 29, 2011 10:01am-10:31am EDT
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very welcome to this is r.t. live from moscow german lawmakers have agreed to have massively increase the size and power of the euro zone's bailout fund meaning burnin will guarantee a whopping two hundred and eleven billion euros worth of loans greece is watching this closely as it tries to convince the e.u. and the i.m.f. to release more emergency cash but the greek public focus on facing more cuts and tax hikes as sarah first reports from athens. with the state going through it means that now there is at least some signs of optimism for the struggling economy that the cash will perhaps be available now. that there was a little bit of a struggle for chancellor merkel to garner support for it creasing the size and power of that u.a.e. saying bailout fund she managed to get it through ready despite that date being a positive outcome people are already looking to the challenges ahead for the eurozone still faces here in greece there was
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a surprise really. was passed because people here have been saying it was bad for greece is bad for the rest of the euro saying as well remember these are very difficult times not just the greece the countries such as spain and italy say really countries like germany and from what we've been hearing they really can't afford to let a country like greece fell at this moment because spectators would then be turning their size to these other bigger economies and that's where you could really feast in trouble so it's certainly a positive outcome but by no means is the usa out of this deep situation just yet this is just another of the money that we take from this is not this is a very short term solution. longer term. greece country is a productive system because we have sectors that we have we can be competitive and we export but we have to proceed with some structural reforms that have been in the
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navy for for many years know the allyssa say now is very important because it's what most of the country have been saying is that really the biggest challenge is exactly how you establish growth in greece and although you've got this cash injection that really needs to be one of the main focuses moving forward is how you establish that growth and the people here on the street that we've been speaking to said how on earth are they supposed to do that when they're being crippled with these extremely strict else. measures that a priest so unpopular these speak to these people they're really very angry about the decisions that are being made by their parliament that they simply don't agree with they say that they've been pushed to breaking point is not that they don't want to pay these extra taxes that have been put on them we saw the property tax pass munchies the night is that they simply can't now they got to the point where they have no money and they certainly with regards to the decisions that the other usa needed to making they feel a little bit like they've been made into a sacrificial lamb that they're being punished as
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a sign to the other countries you know you get yourself into this situation and this is what happens whereas what they said is that this is every single country's parts of playing this is the the entire year is and they're not the only people who have problems and there are a lot of countries struggling right now and really going forward they need a way to be able to get out of this and build a future they simply don't see that made it so it's a very tricky times ahead as we said this day it was a positive that certainly in the coming weeks it looks like there are going to get that next tranche of money the eight billion year is that really the biggest focus is going to be on just how to get back that public support and regain the confidence that they're going to be able to escape this crisis. with a rescue fund bill was passed with a majority in the german parliament with less than a sixth of lawmakers voting against it financial industry expert yet harken says the german people are less than happy with the greek bills. people who are in
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germany are not in favor of these just nevertheless she managed to keep her coalition for this decision so political i think in the short term she definitely gained some points but it's not over yet i would say i think one of the main challenges if you listen to opinion polls there seems to be widespread public discontent with the recent bailout packages people are not really seeing that the funds solving the problems they have deep mistrust and putting more money into into the greek economy and the problem is that all political parties on the other side favor these bailout packages so there's no how should i say no way off voicing the public discontent in the parliament and i think that will be the big challenge going ahead. for the problem terry and making clear to the public that these measures will solve the problem in the end and as the
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situation on the ground is right now i think there is a serious dollar whether this can be achieved so the public will probably be confronted with more unpopular measures. now if you want some financial insight for this into this. i go to bed every night i dream of another recession and that's all the only revelation that this trader shared all that great t.v. find out you really pulls the strings on why no one stopped with them that's coming up. cos of a remains on a knife edge of the nation to reinforce its presence at the northern border with serbia boiled over on tuesday at the troubled checkpoints where a dozen people were hurt in clashes as nato tried to dismantle the barricade so let's have the latest our from our correspondent. who's in belgrade for us so let's say you've just arrived there was that the sphere like is the region sitting on a power take once again. well for now this simmering tension has calmed down from
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about two days ago and stand at the situation still remains very tensed and potentially very much explosive as we understand that serbs are reinforcing their checkpoints their manmade checkpoints and the k. four and nato troops are pulling more soldiers to the front line to the place where the borderline where the place where where the clashes have been happening for the past several months now on tuesday night another clash happened at the checkpoint at the course of a border on the border between kosovo and serbia and this still a great deal of controversy surrounding this incident because the sides are playing a blame game and nobody knows who to blame for this attack while nato troops are saying that there was war the civil service who provoked the attack at the same time the nato troops are saying that they used rubber bullets and gas grenades and
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tear gas grenades against the attackers while we have reports from medical services in the area that the injured were delivered to the hospital carrying gunshot wounds so it is really hard to say what's true and what's false and all this story and who is to blame for the tuesday's incident meanwhile there has been a very sharp response from belgrade on the events of tuesday night. of course. the latest events in the north of serbia show two facts first that prishtina is about to set up customs around what they think is the independent state of course on the other hand they show that there are international unions and a whole number of states to do prove of such intentions of prishtina we are facing a situation here when the international forces deployed in kosovo in fact serve the needs of pristina instead of maintaining a neutral position this is why serbia is against it. where do you stand that.
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more than almost a dozen people remain in hospitals with heavy injuries and there's also been some moves on the diplomatic level with belgrade suspending negotiations with course of all on technical issues which were due to be held these days and these negotiations negotiations have been halted until the this issue this dispute has been resolved now let's say it's not an isolated incident is is there this is been building for a while now. this is been happening ever since july in fact ever since of the course of the police set up roadblocks on the border of course over and serbia thus enforcing a trade embargo preventing the sale of goods from the mainland serbia to the serbs living in the course of our area and ever since that this area has been in attention with the serbs course of a serbs buildings manmade barricades there and provoking clashes with with the nato force and of course i believe so definitely these areas now remains in tension just
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as the whole region and has been very sharp responses on the international level with in particular the russian foreign ministry saying that this particular dispute this particular incident discovery lies is the situation in the whole region and could lead to a very serious consequences so the sides are waiting for any kind of resolution to that we are on our way to the border to the border post of yet here and we'll be bringing our report from there as soon as we get the latest information from the scene. say many thanks for that arsene selects yet reporting for us from belgrade. now in just a few minutes the palestinians u.n. membership moves towards the next stage while those where they ignore the international condemnation was being branded as counterproductive construction plans in palestinian territory. what chunk of spaceways means the i said screw having to come up with some emergency maneuver. of the wheels
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the timing of the un security council of the palestinian statehood bid faces a vote at the group's admissions committee on friday in the meantime israel has further antagonize most of the global community by authorizing more secular homes in disputed east jerusalem however the threat of an american veto on statehood still hangs in the air report nies across what's happening in new york. so far there is about six security council members on record that have thrown their support behind the palestinian bid a total of nine out of the fifteen countries need to support the application and there has to be no vetoes none of the veto wielding members of the security council should cast a veto as we know the united states a staunch ally of israel has vowed to veto the palestinian bid for u.s. membership if it house to israel is very much opposed to this the us president
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barack obama said the only way that there can be independent palestinian state is if the palestinians and the israelis get back to the negotiation table and discuss middle east peace plan that comes to fruition so at this point some critics say the palestinian campaign for a year number ship is doomed to hell but the palestinians are very appreciative that security council is moving so quickly and at the very least this is bringing to it bringing attention to a problem that has lasted for decades and has not yet been solved there has been condemnation coming from the international community against israel's plan to expand its settlements russia has said it's deeply concerned with the plan and hopes that it would be revised the united states and european union also voiced criticism of this plan and some critics say that the settlement expansion is actually a violation of international law and if anything israel's actions can be seen as
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provoking and already sensitive circumstance not helping to reach. ultimate peace agreement the palestinian authority say that israel clearly with this move is not serious about peace whatsoever and we can imagine that a lot of diplomatic negotiations will continue taking place to make sure that maybe israel will will take its plan on expanding settlements because if those settlements do expand the palestinian president said there will be no kind of business as usual and no direct talks with the israelis. now it's time is to and stake a claim to the stars as it launches its first orbiting laboratory nicknamed heavenly palace the only man facility will be things presence in orbit it will say test the waters in time his plans for its own space station by the end of the decade he got his own from the news of the cosmonaut excited for the news conference on its own way after being banned from joining the i.s.f.
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. right over the. china has been approaching it in a space exploration program with few but very precise steps every launch for them is something new but for now they are really the point we had reached thirty years ago as for technology they may well have borrowed some of it both officially landed on officially from russia the u.s. and europe all over the place but one of the reasons the chinese are developing their own space program is that they weren't invited to join the i assess they were even refused the mission just to visit the station though russia and europe had nothing against it so we have to bear in mind that china is a different civilization it was once willing to go hand in hand with us and the americans but will simply go their own separate way so this launch is the first step to their own module based space station weight which they plan to start building in two thousand and eighteen. meanwhile the only space station in
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existence is under threat of a collision a fragment of an old rockets hurtling at a dangerously high speed towards the i assess astronauts are preparing to take evasive action which all of those got the details of a space saving message. and there are an estimated twenty thousand pieces of space junk being tracked going around going around the planet at the moment this particular piece of space junk is a a ten centimeters size bits of a rocket that was launched in one thousand nine hundred ninety one to send a satellite into orbit now what happens if the i assess detect they are on a collision course with a piece of space junk that they try to make emergency maneuvers if they can to try and get out of the way however if they can't make those those maneuvers and be one hundred percent sure that they can get out of work out of the way there's only one course of action left the crew take shelter in the most protected area of the ship
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the safest place is the capsule in the so use module so that's where the entire crew hides when the station is considered to be in danger very well unfortunately as it stands at the moment there is no viable plan in place to clean up space there is no method of giving space a spring clean all of those theories that have been put forward are either too expensive to outlandish some of being dubbed a little bit too saif by or they're just not workable now the big problem comes is as i say around twenty thousand objects are being tracked at the moment the most recent one you can see a shot of just right there that came down to earth the most recent large object was the usa r.s. . research module that was a nasa satellite that will be monitoring the the atmosphere that came down to earth last week and part of it went through the atmosphere now that the reason that we have so much space junk in the big problem comes is that the space junk is growing
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exponentially due to something called the kessler effect now what this is one piece of space junk crashes into another piece of space junk and makes more space junk so the scientists and those who are are monitoring the pieces of debris that are up there the big concern for them is that. and around six years we might not be able to actually get. to with there might be as much enough space junk up there to cause problems from launching will anything from earth orbit into space due to the fact that the simply isn't and isn't any room around the planet so at the moment there is no way of tidying up all of this debris to make sure that we can continue the exploration of space peter oliver there outlining the battle against space junk or for in-depth coverage of that of course all the stories that we're covering do check out our website r.t. dot com here's what's waiting for you online right now if there's any truth to the room is can all get out it's certainly in his air miles at the moment with
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sightings in different countries on a daily basis r.t. has its own take on where the missing more mom might be hiding head online for more . than former ukrainian prime minister yulia timoshenko is back in the dark after a two week break and she is none the happier for it visit r.t. dot com to find out why in technology you tube channel for exclusive footage. and i opener for those struggling to make ends meet the current age of austerity has come for the financial world this week an independent trade his revelations have gone viral after here volatile markets play right into the hands of people like him and that's not the only reason why his admissions are causing up all. the governments don't rule the world goldman sachs rules the world it was the comment heard around the world one that generated widespread reaction from papers and pundits alike we appreciate your candor however it doesn't help the rest of us does it but instead of talking about the comment itself most remediate least not to
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shoot the messenger alessio prices forbes calls him a psychopath c.n. b.c. suggests it might be a hoax new york magazine wonders if it is a hoax or perhaps our worst nightmare well regardless of our intentions the bigger question has been largely ignored was he wrong about the power of goldman sachs and why was everyone so shocked after all right here at r t in our studios we've had several guests bonafide traders even former goldman sachs employees who have said at the very same thing washington is not the biggest player in this the global bankers are the biggest players the global hedge fund managers that's where the action that is determining the outcome of this mass not the players in washington they have already ceded control to the global banking industry wall street has been pulling the strings in washington from the get go it is the largest sector of
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campaign contributions and that's to both parties but for the mainstream media who don't share views like these are studies honesty was unexpected survive and thrive t.v.'s george hamon jury when they asked him nice questions on b.b.c. he just let it all hang out and the actual truth came across. the sun he also sent shock waves around the world when he told the b.b.c. that most traders don't really care if and when the economy is fixed personally i've been dreaming of this one for three years i have a confession which is i go to bed every night i dream of another recession the b.b.c. interview has now gone viral if you could see the people around me jewels of collectively drop what you've just saves perhaps there. it wouldn't have dropped they only read matt july two thousand and nine a rolling stone article the great american bubble machine in it he famously described goldman sachs as a quote great vampire squid wrapped around the face of humanity relentlessly
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jamming its blood funnel into anything that smells like money t.v. discussed with us recently how although people are unaware of it the big bank has profound power in society how much you're paying for gas how much you're paying for electricity how much you're paying for your credit cards. your mortgages how much you're paying in taxes and how much of your tax dollars are going to debt service. unlike the mainstream media few here would be shocked by rest on his comments was shut down for nearly two weeks these protesters have been out every day hoping to bring an end. or at least awareness to what many call a corrupt system really was. and still others have argued for years that the government's actions are dictated by the big banks the very special interest in on wall street the insurance industry these guys these are the
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people who are writing the laws that obama is passing they are keeping him in power they are the ones that have financed this campaign and the laws are being written for their benefit. as anger builds here perhaps better questions need to be asked here so that a different message is sent to decision makers here that the system that has been sustained and protected for decades might need to change in washington christine for our tea. so news in brief now this hour anti gadhafi fighters have taking control of the in the few channels and tell all served as their six day long assault continues it previously seized the airport two weeks ago but will then they're driven back by gadhafi loyalists who still put up stiff resistance civilians continue to feed the violence in the cheap city. of course in bahrain as hundred twenty medics jails and says of up to fifteen is also convicted of of
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incitement to overthrow the government the group had treated protesters injured during clashes with security forces earlier this year in a separate case of protesters been sentenced to death for killing a policeman during the rest of the op rising came in the wake of the arab spring and was harshly suppress with numerous states of their rights abuses its. eighteen people are feared dead in indonesia after a plane crashed in a mountainous region in the west of the country heavy rain was reported in the area shortly before the plane came down it's the latest transportation tragedy in the country only the day before eight people were killed and dozens more injured in a stampede on a ferry when a fire broke out on board. former international monetary fund chief dominique calls come his held a private meeting with the french who accuses him of attempted rape it took place in a paris police station which is common practice to test whether a case should go she called the line on tame politician at times while she
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interviewed him in two thousand and three. denies the charges and plans to countersuit for slaughter. shortly renowned american academic noam chomsky shares his thoughts on without israeli palestinian developments on the world's other pivotal issues birthday that's going to business update with marina. hello and welcome to business here on araa to russia took a heavy blow in the last bounce of the financial markets her bullets last week the countries in the seas lost over ten percent making russia of the worst performer among emerging markets but does this recent weakness present an opportunity for bargain hunters while on the sea it. creates a capital believes it does but invest in our. taking into consideration prices and level this am is very attractive but the main point is that there is
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significant flow of global money is supposed to hit the place right now according to the recent i.m.f. research paper every eight point two billion dollars from emerging europe and particular russia is supposed to be get all so there is a big opportunity for emerging market being on the top level right now for big funds but unfortunately the more trying to be conservative and still be in cash and buying u.s. treasuries and rather than looking to emerging markets. let's take a look at the markets now we'll start with oil which is higher trying to claw back from its biggest quarterly drop since two thousand and eight and that's when speculation that of the expanded european bailout fund which was approved by the german lawmakers today will support economic growth and fuel demands that the cia is straight and close to eighty four dollars per barrel while the brand blood is approaching one hundred six dollars per barrel let's take
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a look at what's happened in the u.s. where markets just opened and they are all back to drill these parliaments voted to approve the expansion of the euro zone bailout fund another boost was better than expected economic reports in the country which showed the initial jobless claims to clients of the lowest level since april. and in europe stock markets are trading in positive territory following the news in germany the footsies up point four percent of all the dax is adding overt supersets banking shares are rallying but. eight percent b.m.p. thought it bought gaining almost seven percent exercise asia they're all in the five percent this hour let's take a look at what's happening here in russia well markets here are recovering earlier losses the arts yes is at and over two percent although my sex is up to point this . seven percent the south let's take a look at some individual share moves on the my sex and the g. majors are on the rise with ross left off over three percent the company just
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received a five hundred million dollars credit for operating purposes banking stocks are no exception would be to be gaining over four percent it has consolidated eighty percent of the shares of bank of moscow and bucking the trend this whole why not us sky after posting the disappointing first have results that companies net profit more than a halt to ninety nine million dollars. shares of russia's top search engine that have suffered the biggest fall since less than all nasdaq with thirteen percent plunge cents a share is two dollars below the list price or the company's i.p.o. in may and the let's say confidence has been knocked as the company continues to lose position in this whole market to google. all of the speeds over gas prices is rearing its head turkey says it could break existing contracts if gas from does not provide a bigger discounts thank our eyes complaining that the price of russian gas has
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risen to thirty nine percent and soup and a half years there are public annually by as thirty billion cubic meters of gas from russia which is almost two thirds of its workers demands this is not the first on the country has asked for lower prices pots so far most call has resisted any attempts to use the contracts. and also business looks the south for more stories you can always have to our website or to the column slash business but in the meantime saving for the headlines with alice.
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this is all seem to have any kids to go ahead for a few stay and face it there is a trade out as it guarantees two hundred and eleven billion euros worth of loans to prop up its current c. colleagues it says greece tries to convince the new and i.m.f. to release more of those it's accounts. he and his breakaway cost of teetering on the brink of voiding checkpoint. russia's border you may take the stick clear of taking sides and further inflame the conflict off the alliance reinforce its presence of the of the border with. china heads for the heavens this is the country's ambitious space lab which few minutes ago the all manned space for the senior should be.
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