tv [untitled] September 29, 2011 12:00pm-12:30pm EDT
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an. germany gives the go ahead for a hugely inflated euro zone valid funds as a guaranteed billions to prop up its currency colleagues. with a very good bridge tail this to me you can see outside the parliament building people try to take that patience is running out we'll bring you the latest on that just a bit. serbia and its breakaway kosovo teeter on the brink of boiling over after checkpoint clashes that's russia warns nato to steer clear of taking sides. and china heavenly assented and this is orbiting lab heads for the stars as part of
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the beijing space station aspiration. come to you live from our headquarters here in central moscow you're watching our team with me and he said no way it's eight pm here in the russian capital six pm in berlin and german lawmakers have agreed to massively increase the size and power of the euro zone spell out fund meaning berlin 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 i.m.f. to release more emergency cash but the greek public's anger is focused on facing more cuts and tax hikes etc perth reports to us now live from athens the greek people sour are giving much support to their politicians who are trying to secure
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further bailout cash are they now. well the message from the people here in the streets of athens today has been take your bell out and leave that with the choice he's been here trying to hold told about the next tranche of money that greece is going to need to avoid bankruptcy now you can see behind me here outside the parliament building the people are already gathering a this is the third day of a taxi driver strike and over you can see the numbers turning out there you can also see the riot police just at the front of the building now all day today people also outside the front of the finance ministry and right now i'm going to see if we can show you that she got people occupying the building that panna that building saying we want life see the people here really very frustrated indeed this is a stark contrast to the positive rhetoric we've seen from the e.u. leaders today about that decision and the vote in germany they say that's
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a positive step forward to changing the teacher police to giving them that helping hand to the people here really didn't do it in quite the same way and this is going to be one of the biggest challenges especially for greece is just how i think of mccain to win back in tikrit can win back the public's support and i actually joins now by i understand just what sarkis a member of the castle ruling party thank you very much for joining us a lot of people very very angry with your party right now what would she say this isn't. very. we don't like. we want our life. civilization but your party keeps on pushing to these measures would he think of those what do you think of the prime minister doing what he stood trial for forty. two years this realization on the other party's were destroyed that history should say there you go even amongst the castle party themselves we can see that the vision and it really. there is
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a division this being felt here in athens and i can't just seems to widen all the time as he said already got people coming out on the streets these protests take to continue tomorrow he told the deadline of going to be especially taxes that's part of the austerity measures other the government have been pushing three to try and get the next much money to try and pull greece out of the situation. what sort more about germany giving the green light to more money for the eurozone bailout fund how is not exactly this isn't being met where you are. well is he said there's a bit is skepticism about exactly what impact that will have and how effective it will be now we know when it happened and certainly it was a positive side to a lot of leaders that the german government willing to take that step to increase the size and power of the bailout another none of the cash started flowing yet it does give some say to some of the struggling economies but already we have people
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questioning just how effective that will be and as he said really the news here is that the people don't feel that this is going to have any impact and they certainly don't feel any more that they can trust these positive statements and it's the stations coming from the euro zone leaders good a lot of people have said is they view these people as the cause of the problem that governments the eurozone leaders and they said how on earth can they be the solution i've talked about some of these special taxes one of the people i was speaking here on the streets today said asked under the top people in these governments whether they know how to you are paid big say they they said i bet they couldn't tell you and really that's certainly the feeling is that these government leaders are very firmly from what's happening to the people on the streets and that is pretty thing have real problem in moving now with some of the measures that the fishing three as he said the slightest movement to say no to any when they pay they
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simply can't say what you can. to see with this lightning gap between the public and the government if the public keep pushing these budgets to go without that public support they're not going to be able to get the country back on its radar to sara first recording live from athens as this developing story continues in the greek capital thanks for that. let's now continue our analysis on this story robert oulds chair of the influential group group in london joins us now to discuss how this latest chunk of money that we will be seeing from germany i thank you for being with us this evening ten out of seventeen euro zone countries have so far approved the bow out front but with all of these measures actually help. they will not help in the long run at the heart of the problem is the euro and greece and their membership of the euro it's not helping their economy is throwing good money after bad it's
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a mistake really the way to address this is for greece to leave the euro recognize that default is inevitable that is what is going to happen they need to leave the euro and devalue a new currency and re in feet away their economy that way that's what needs to be done they need to recognize that the euro has failed for them germany is lawmakers seem quite happy to let more bailout cash come from their country are going to see any backlash what will the german public have to say about this. well there's an increasing gulf between the political class and what the population are thinking the greek population don't want to be paying money to financial institutions the greek government has a different point of view the german population don't want their money to be handed over to greece feckless greece which is wasted more money and the finnish population is also greatly concerned yet the political class are too to the idea of
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the euro they're not facing the economic reality they're just concerned with the political project of the euro and the european union when they should be concentrating on people's jobs and protecting taxpayers' money. germany is seems quite desperate to keep greece in the euro with chancellor merkel saying if europe collapses the whole union should greece feel the same kind of desperation to stay in the union you've already said you think that it should leave. well the european union existed before the u. of o. the single market existed before the euro in fact the euro is her thing the single market because it's creating more divergence it's helping economies like germany's helping their exports words it's hurting me such as greece ireland italy portugal and spain it's creating more divergence so the european union and the single market
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use trading block would be better off without the euro where countries can set their own. value to suit their economic needs and requirements and manager of own economies as they see fit that would be better for everyone concerned i never thought much money two trillion euro for the eurozone bailout fund be enough to keep other struggling bigger players like spain italy solvent if they need it. no the the the debt crisis is one which in compas is many other nations greece is just the first to be suffering the severe problems caused by the euro the problems are spreading to other countries italy and they are too big to be by all doubt really what needs to be done is that these countries need to leave the euro that is the correct way forward course will be embarrassment for some politicians that of their careers to the euro but really people's jobs first peoples. economies people
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the taxpayers' money has a greater importance i believe than politicians and their careers right robert oulds chair of the group policy group on the centralizing european affairs thank you very much for your announce. in other news kosovo remains on a night after nato reinforced its presence at the northern border with serbia anger boiled over on tuesday at the troubled tac points when a dozen people were hurt in clashes as nato trying to dismantle the serve barricades and looks yourselves he is in belgrade for us. now this simmering tension has calmed down from about two days ago and stand up the situation still remains very tense and potentially very much explosive as we understand the serbs are reinforcing their checkpoints their manmade checkpoints and the key for nato troops are pulling more soldiers to the front line to the place where the
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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 accord with the border between kosovo and serbia and there's still a great deal of controversy surrounding this incident because of the sides are playing a blame game and and nobody knows whom to blame for these attack well nato troops are saying that there was war the course of a serbs who provoked the attack at the same time the nato troops are saying that they use the rubber bullets and gas grenades and 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 and 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 accused days incident meanwhile there has been
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a very sharp response from belgrade latest events in the north of serbia to facts first that prishtina is going 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 that have proven such intentions are. we are facing a situation here when international forces deployed in kosovo in fact serve the needs of pushiness instead of maintaining a neutral position this is why serbia is against it this has been happening this ever since july in fact every sense of the course of police set up roadblocks on the border with. so and serbia thus enforcing a trade embargo preventing the sale of goods from the mainland serbia to the serbs living in the course of all they're frantically the area now remains in high tension just as the whole region and the has been very sharp responses on the international level with in particular the russian foreign ministry saying that
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this particular dispute this particular incident destabilize this situation in the whole region and could lead to a very serious consequences. the wheels are turning out the u.n. security council as the palestinian statehood bid faces a vote at the group's admissions committee on friday it needs at least nine of the fifteen members to approve it joining the international body but the threat of an american veto still hangs in the air president obama insists negotiations between israel and the palestinians are the only way to reach sovereignty in the meantime israel has berger and pack of lies most of the global community by authorizing war saddler homes interesting to east jerusalem prominent academic professor noam chomsky believes if israel really wants peace it should reconsider its settlement expansion. there's a truce between security and expansion and every corner poor this is your brother sleeps. at home since you're always sort of the films it's the troops who
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inspired him experiment and have plans. for the benefit of the planet earth person which is another it doesn't recognize the criminal but every one of the get away with it was almost an explorer from the world for one as long as you were of course more that's really nice to know it's up to the people and they're still coming from a couple of them so one of the world. so missed the full interview with professor noam chomsky as he shares his views on global events and it just around fifteen. it's china's turn to stake a claim to the stars as it launches its first orbiting laboratory nicknamed heavenly palace the unmanned syllabi will go stagings presence in orbit and off the waters ahead of time have plans for its own train station by the at the back a bigger from news of cosmonaut exactly believes the country's got its own way
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after being banned from joining us. live at 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 the real point we had reached thirty years ago as for technology he 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 a few permission just to visit the station so 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 which they plan to start building in
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two thousand and eighteen. well for in-depth coverage of all our stories and much more check out our web site r g dot com here's what's waiting for you online right now there's any truth to the rumors colonel gadhafi is certainly earning his air miles at the moment sightings in different countries on a daily basis marty has its very own take on where the missing moomaw are might be hiding out online for more. than former ukrainian prime minister yulia tymoshenko is back in the dark after a two week break and she's none the happier for it because it's hard to dot com to find out why and also don't forget to check out our you tube channel for exclusive footage. is the.
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when i opener for those struggling to make ends meet in the current age of austerity has come from the financial world this week an independent traders' revelations have gone viral after he admitted volatile markets play right into the hands of people like him and that's not the only reason why his admissions are causing an uproar. the governments don't rule the world goldman sachs rules the world it was the comment heard around the world when they 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 outlets immediately start to shoot the messenger alessio forbes calls him a psychopath c. and b. c. suggests it might be a hoax new york magazine wonders if it is
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a hoax or perhaps our worst nightmare well regardless of any 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 bona fide traders even former goldman sachs employees who have the very same thing washington is not the biggest player in the us the global bankers are the biggest players the global hedge fund managers that's where the action that is determining the outcome of this not not the players in washington they have already seated 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 campaign contributions and that's to go through but for the mainstream media who don't share views like these are studies honesty was unexpected survive and thrive t.v.'s
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george hamon jury when they asked in these questions on b.b.c. he does let it all hang out and the actual truth came across. recently 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 on 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 jaws of collectively drop what you just say perhaps there. jobs wouldn't have dropped had they only read that tell you these 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 jamming its blood funnel into anything that smells like money t.v. discussed with us recently how although people are unaware of it a big bank has profound power in society how much you're paying for gas how much
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you pay for electricity i what you pay for your credit cards. your mortgages how much you're paying in taxes and how much of your tax dollars are going to that service. unlike the mainstream media a few here would be shocked by rest on his comments. 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. and still others have argued for years that the government's actions are dictated by the big banks and very special interest on wall street the insurance industry these guys these are the people writing the laws that obama is in there keeping him in power they're the ones that if any of this campaign and the laws are being written for their benefit . as anger builds here perhaps that are questions that need to be asked here
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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 r.t. . a look at some world news in grief for you this hour out to gadhafi fighters have taken control of the airport in the fugitive colonel's hometown of sirte as their six day long assault continues it previously seized the airport to reaks ago but were then driven back by gadhafi loyalists still put up stiff resistance so the ins continued to flee the violence in the siege city. a court in bahrain has handed twenty medics jail sentences of up to fifty years after convicting them of incitement to overthrow the government the group had treated protesters injured during clashes with security forces earlier this year in separate in a separate case of protester has been sentenced to death for killing
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a policeman during the unrest the uprising came in the wake of the arab spring and was harshly surprised with numerous claims of human rights abuses. 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 a day before eight people were killed and dozens more injured in a stampede on a ferry and a fire broke out on board. former international monetary fund chief dominique strauss kahn has held a private meeting held with the french writer who accuses him of attempted rape it took place in a paris police station which is a common practice to task but work a should go to court to stand by no claims the politician attacked while she interviewed him in two thousand and three starts calling denies the charges and files to countersue for slander. but shortly renowned american academic noam
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chomsky shares his thoughts on the latest israeli palestinian developments and the world's other pivotal issues first though let's get the latest from the world of business with marina. hello and welcome to business here on arts in russia it's a heavy blow in the latest rounds of financial markets here goods last week the country's indices lost over ten percent of the worst performer among emerging markets but does this recent weakness present an opportunity for bargain hunters or an associate's apology from the capitol police at the us box investing now would be risky. taking into consideration prices and level this. is very attractive but the main point is that very significant flow of money is supposed to hit the place right now according to the recent i.m.f.
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research paper around eight point two billion dollars from emerging europe and particular russia is supposed to be get all of this so there is a big opportunity for emerging market being on the top level very you know for big funds but unfortunately more trying to be conservative and still be in cash and buying u.s. treasuries and rather than looking to the emerging markets. the us if you look at the markets level starts with oil which is higher trying to claw back from its biggest quarterly drop since two thousand and eight and speculation that at stranded european bailout which was approved by the german lawmakers today will support economic growth and fuel demands and we could see ya it's trading at around eighty three dollars a barrel all the brant blend says that around one hundred five dollars per barrel and they want us markets are gaining after news in germany and other boost was better than expected economic reports in the country which showed the initial
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jobless claims the climb to the lowest level since april. over in europe markets close the mix with banks like rag. and suicides as general david ground after positive news from germany and the u.s. let's take a look at what happened here in russia when markets ended the trade in session on the high notes the art he has gained over one of the half percent of all the my stocks went up over two percent as well look around for some individual share moves on my sex energy majors game with ross left almost three percent the company just received a five hundred million dollars credit for up weight and purposes in banking stocks were no exception of the beats and be gaining about the same amount and it was after consolidating eight. besides all the shares of bank of moscow and colin myler us last after posting disappointing first half results are companies that profit more than half to two ninety nine million dollars and that was fraud subtle since
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capital wraps up of a stroke for us. in the two big pieces of news one of them was the germany's moment passed this expansion of the bill or fund which was expected to do a good positive nonetheless and the later on what really got the market moving was good economic data coming out of the us has been released back to the g.d.p. figures and strong. inflation is higher than expected which basically suggest that. the economy. which i hear says is quite positive in the context so rolling straight to. the market will and i are easily on the brink of reserve you know two positive pieces of news. shares of russia's top search engine again deck's have suffered the biggest fall since less than on nance that the thirteen percent plunge the shares two dollars below the list price are in the company's i.p.o.
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in a analysts say confidence has been out there as the company continues to list position and its home market google. over the speed over gas prices is really running its head service says it could break existing contracts of gas from there's not provide a bigger discounts ankara is complaining that the price of gas has risen thirty nine percent and sue and a half years the republican annually prize thirty believe cubic meters of gas from russia which is almost two thirds of turkish demands and this is not the first time the country has asked for lower prices spots so far moscow has resisted any its hands to change the contracts. and that's how business looks the south more stores you can always had so our website articles. but in the meantime say so far they have laws on the south africa. if. you.
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