tv [untitled] September 29, 2011 1:00pm-1:30pm EDT
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go ahead for a hugely inflated euro zone valve fund as it guarantees billions of its currency columns. but. all this. lead to. pretend to build. the thing it played to try and get that back to the too high a price to pay. in other news serbia and it's a breakaway kosovo teeter on the brink of boiling the trap point classism of russia for its nato to steer clear of taking sides. and china's heavenly ascent to its ambitious orbiting lab to the stars as part of beijing's space station
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aspirations. for the same business will also screw bargains we'll tell you why investors are eyeing and merchant these are the supply the risks all that in business in twenty minutes. that's nine pm in moscow this is r t coming to you live from me so now with our top story this evening in germany 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 a tries to convince the e.u. and i.m.f. to release more emergency cash but the greek public sangar is focused on facing more cots and tax hikes r.c. sarah ferguson live in athens announce owings us with the latest there is little
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patience from the greek people as their politicians try to secure a further bailout clashes and their sour. absolutely the patience is running out amongst the people here in greece take your belt and leave that was the message from the protesters here today you can still see a few just gathered outside the parliament building we've actually got a concert on the moments that our side the finance ministry that's the organizations of a lot of people who are being made unemployed to the government's austerity measures one of the limitations that they put in place to try and secure that bailout cash the eight billion is going to be decided on later next month so you can see the balance that the battle on the finance ministry itself saying we want life the people here a feeling that the measures that at the polling place are simply stifling them and that realistically that is too high a price to pay said it is certainly
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a different reaction to the positivity we saw after that positive vote in germany today. so germany of course like you said allowing the eurozone bailout fund to swell massively how is that specific decision being met where you are there in athens. well with some skepticism really it was certainly a positive step that chancellor merkel managed to secure the majority of that that was seen as taking decisive action but there are questions really eva how much impact that money is going to have now currently the greek that stands at around three hundred forty billion year ice and the germany bating to extend the size and power of the bailout fund that would now stand at four hundred forty billion euros of which the two hundred billion because she beat it by jenny was already the single biggest contributor to that and we know that that's caused some discontent
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among the general public are now going to donate cash just playing from that yet because there are still countries that have today tonight take seventeen countries german. so this still a way to get and as he said the way that's been received here amongst the public is with some skepticism they say a lot of people are saying that they view the usa leaders as a part of the problem of this whole eurozone financial crisis so they're asking how they can be the solution and also there's a lot of mistrust here because the people here someone telling me today that this isn't a case of things getting worse month by month or week by week even day by day things here getting worse for the people tomorrow we're going to see the deadline for attacks we see people outside the finance ministry always planning the tax bills that they've been given they say not only do they not want to pay this they simply can't pay they didn't have the money anymore
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a lot of disappointment in the government we sold the protests and clashes break out between the riot police and the protesters ok stay off the shelf the property tax was cause. certainly a lot of discontent still a month if people sit with the next round of money due to be decided on next month when the bell are being extended what people here is that is they're not really sure they will not catch they feel that the measures being taken to hospital is poisoning the patients they speak and they don't know whether this bailout funds going to be made a single to the country or whether taking that money is going to be drinking from the poison chalice right artists are first reporting live from thanks for that. we're going to continue to analyze the economic situation with a crisis with professor you know him for who joins us live now from new york thank you very much for being with us this hour you said the bureau will only last five
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more years so where is europe heading in your opinion. five years is what i predict an optimistic day but everything that's happening now is saying to me maybe we're looking at a time of rising as short as six months if you look at the bailout package that the german parliament passed today they're really fighting yesterday's battle this is what the european lawmakers conceptualized as nonce to the greek problem for five months ago the problems today are much bigger than the rescue that your use is much clearer than what the german parliament approved today. let's bring in another view here president obama claims the arab spring has rocked the western economic foundations because of height oil prices yet the u.s. has been telling these uprisings as a victory of democracy why does it on happy now as you see it.
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why is obama happy at the moment with the arab spring why is the u.s. on happy with oil prices being hiked up and saying that the arab spring has rocked the western economic foundations when the u.s. itself pushed for these these democratic so-called democratic reforms to take place in the first place i think the u.s. was initially hopeful that this was going to give them a lot of prices in the medium term hoping for more sympathetic governments this is not clear that this would actually come to parts revolutions look nice when they start but they don't always in march first think about the russian revolution. greece is hiking taxes and passing more and more cuts is there a way other than austerity to climb out of this mess. i think austerity is clearly not working if you look at the level of unrest that you see in greece today and the likely level of unrest of countries like spain where
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unemployment is twenty percent and use unemployment as forty percent and headed higher. austerity is clearly not working the way forward and my view is that the europeans find a way to undo the mess that they did with introducing the euro in its current shape putting together countries that are usually had to genius and really just do not belong together at all and that's the multimillion dollar question how do you actually get yourself out of a corner which you painted yourself unnecessarily and there are some people who say maybe the easiest way is if a strong country is the ones that are footing huge bills with very few benefits like germany actually pull out and reintroduce the go to market leave the euro for soft currency club med countries which are turning the european central bank into the kind of soft money bank. it's more a minister of the bank of italy or the bank of spain which eventually produces high inflation true cause the relationship with the government just briefly now if
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greece does get more bailout cash it can finally pay its way out but but does that sound long term solution how do you see that all unfolding if they get the cash. well at the moment we're really trying to fill in one hole with another the greeks are still adding to the pile of that they already have they're not repaying anything they don't have a surplus they still have a deficit and the economy is shrinking as a result of austerity the economy in greece today is about ten percent smaller but it was two years ago so we're not achieving any improvement of the budget position the economy is getting ever smaller the dead man's getting ever bigger or stereotype of clearly not work so the obvious way forward for the greeks is to default on the obligations for the europeans to use the bailout karishma they already have to actually safeguard their financial institutions that's why we care nobody really cares about greece greece is too small greece is behaved miserably in
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terms of lying about its deficit and its output statistics and so forth we care about the financial institutions of europe this is why we are actually helping the greeks in a much better way to avoid any negative impact on the rest of the european economy is to actually help that get in trouble when we see falls as it has to based on the numbers that we've seen bill come forth an economics professor live with us on the line now from new york thank you very much. and i could actually finers have taken control of the airport in the fugitive colonel's hometown of sirte the last stronghold of his loyalist reinforcements have been called in ahead of a freshness stopped in the face of stiff resistance so millions continue to flee the violence in the besieged city blaming nato for only adding to their problems but let's cross live now to sara flounders from the anti war group international action center thanks for being with us sara locals say power and water have run out as well as other goods in nato hitting civilian buildings now how does this tie in
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with their mission to protect the civilians. well from the very first day this has never been about protecting civilians it has been overwhelmingly a war on civilians nato is responsible for now into the seventh month of bombing more than thirty thousand sorties more than ten thousand actual bombing locations again and again and again it has been the civilians and the civilian infrastructure that has been targeted sirte is now without water without food without medical supplies without operating hospitals it is nato this is a nato war where the so-called rebels are an exhilarating force said has been and capable of even taking any ground on their own that is not already pulverized destroyed by nato bombardment this is this is
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a completely nato war for the domination and control of the oil of libya at a time of enormous and growing economic crisis in europe and in the u.s. and they want to lay hold of this it's an effort to destroy the resistance movement in libya and that has continued under the. conditions and under the most difficult conditions where everything is from the sky using from bunker busters to empty personnel weapons to. drones to you know one weapon after another that are part of the u.s. and nato artillery you're describing a very very ground situation are we seeing a humanitarian catastrophe unfolding on the ground in there via i mean who is going to help these people if nato. well nato hasn't helped at all they are only interested in the destruction and in getting the oil pumping again and we can see
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this by the way in which nato has carried out a war in afghanistan to this day we can see that the u.s. war in iraq that there is no consideration for the civilians eight years and two in iraq and they're still not a functioning electrical grid for the population they're still not functioning schools and pure water so it's certainly in libya and so the idea that there would be any concern for the civilian population that is never nato's sic proletariat operation entirely and the idea of getting things even in tripoli up and running after a month that still has not happened so a lot of your articles earlier this year you say that imperialist military intervention poses the greatest danger for the people of the entire region what kind of danger are you talking about. well from the beginning it's not only been
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a war for control and domination and for seizing hold of the oil and also the enormous cash reserves more than one hundred thirty billion dollars but it has been a weapon against the gyptian and tunisian and the what's what's called the arab spring the revolutionary out people sweeping the region that the an enormous war going on right in libya is a way of pushing back and strengthening the hand of reaction in the entire region so it is a danger it's a real danger what nato is doing its ships off the region its control of the air and having a military base it's finding a home for africa which is the u.s. nato command and control for all of africa. so this is really an opening war into the region and the idea that it has any humanitarian concerns
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that has never been on nato's agenda we can see it in any of the past wars nato has been involved in and we don't see it and really to this day none of that is happening supplies are coming in to any of the cities that nato has bombed and destroyed instead small rebel bands come in totally incapable of supplying any of the civilian needs right sara flounders from the antiwar group the international action center thank you very much for talking to us this hour. and other news kosovo remains on a knife that's after nato reinforced its presence at the northern border with serbia anger boiled over on tuesday at the trouble checkpoints when a dozen people were hurt in classes as nato trying to dismantle the barricades are to select three or sets isn't belcredi. now this simmering tension has calmed down
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from about two days ago and stand at the situation still remains very tense and potentially very much explosive as we understand serbs are reinforcing their checkpoints their manmade checkpoints and the key for nato troops are pulling more soldiers to the front line through to the place where to the border line where where the clashes have been happening for the past several months now on tuesday night another clash happened at the checkpoint and at the course of a border of the cold water 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 a nobody knows who to blame for this attack while 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 used rubber bullets and gas grenades and tear gas grenades against the
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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 so blamed for the tuesday's incident meanwhile there has been a very sharp response from belgrade the latest events in the north of serbia show two facts. about a certain 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 disapprove of such intentions of prishtina 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 soup is against it this is been happening ever since july in fact every sense of the cost of the police set up roadblocks on the border with. so and serbia the us and forcing
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a trade embargo preventing the sale of goods from the mainland through a bid to the serbs living in the course of or definitely the area now remains in high tension just as the whole region has been very sharp responses on international level with in particular the russian foreign ministry saying that this particular dispute this particular incident destabilize is the situation in the whole region and could lead to a very serious consequences. wheels are turning out the un security council as the palestinian statehood bid faces 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 further antagonized most of the global community by authorizing more subtler homes in disputed east jerusalem
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a prominent academic certain noam chomsky believes if israel really wants peace it should reconsider its settlement expansion. the truce between security and expansion will require appears as your other slips because. since you're always so it's hard to traverse between spirit and experiment and have plans. for the benefit of the planet earth which it's another innocent record not just for the criminals but everyone they get away with it is wrong thing for some of them as you were of course and more that's why we now see it's up to the people in those four companies to compare all of them sure one of the world. and you can watch the full interview with professor noam chomsky as he shares his views on global events in just over an hour here on our team. it's china's turn to
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stake a claim to the stars is that consciousness first orbiting laboratory nicknamed had only palestinian land facility billboards beijing's presence in orbit and a lot of hassle waters ahead of china's files for its own space station by the end of the decade he goodness of from the earth our cars may not x. magazine but leave the country's got its own way after being bound for joining us. for the good. china has been approaching its manned space exploration program with few but very precise steps every launch for them is something new but for now they agree on the point we had reached thirty years ago as for technology they may well have borrowed some of it both officially or unofficially from russia the u.s. and europe all over the place one of the reasons the chinese are developing their own space program is that they weren't invited to join the ira serious they were
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even refused permission just to visit the station 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 ultimately 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 two thousand and eighteen. but for in-depth coverage of all our stories and more check out our website or to dot com there's it's waiting for you online right now if there's any truth to the rumors colonel gadhafi is certainly earning his air miles up the moment sightings in different countries on a daily basis r.t. has its very own take on where the missing moammar might be hiding out online for more. bugs former ukrainian prime minister yulia timoshenko is back in the playoffs after a two week break and she's been on the happier for it go charging dot com to find out why and visit our you tube channel for other exciting.
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news in greece for you this hour a court in golf range has handed twenty medics jail sentences of up to fifteen years after convicting them of inciting to overthrow the government the group had treated protesters injured during clashes with security forces earlier this year in a separate case a protester has been sentenced to death for killing a policeman during the rest the uprising came in the wake of the arab spring and was harshness suppressed 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 how do you reign was reported in the area shortly before the plane came down is 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 when a fire broke out on board. and formal i.m.f.
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head chief dominique strauss coward column has helped meeting with the french writer who accuses him attempted rape took place in a paris police station which is common practice to test whether a case should go to court just on but no claims the politician attacks on she was interviewed interviewing him on in two thousand and three strauss kahn does not is the charges and plans to counter-sue first lander. well on the way the israelis trying to convince their compatriots onto a path of peace from the inside but first let's check what's the latest at the business desk with marine. hello and welcome to business here on art scene of russia so the heavy blow in the last hours of financial markets herbalists last week the countries in the seas lost over ten percent make a rush of the worst performer among emerging markets but does this recently this
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present an opportunity for bargain hunters well on the sequence of. capital believes it does but invest the now would be risky. taking into consideration prices and lot of all this. is very attractive but the main point is that very significant olive flow of global money is supposed to hit the place right now according to the recent i.m.f. research paper around eight point two billion dollars from emerging europe and particular russia supposed to be at all if 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 bind us treasuries and rather than looking to emerging market. analysts if you look out the markets i will start with oil which is higher trying to claw back from
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its biggest quarterly drop since two thousand and eight that's why speculation about it and expanded the european bailout fund which was approved by the german lawmakers today will support economic growth and fuel dividends. in close to eighty three dollars a barrel while the brunt blood is approaching one hundred five dollars per barrel. when the u.s. markets open higher after the news in germany and other boost was better than expected economic reports in the country which showed the initial jobless claims the climb to the lowest level since april the nasdaq has since you raised earlier gains trading slightly in the guts of territory this hour. in europe markets closed mix with banks like commerce bank card bar and suicide mission are all gaining ground after positive news from both germany and the u.s. let's take a look at the picture here and russia markets the end of the thread and stuff and although. the r.t.s. gained over one of the half percent while the my sex went up over two percent and i
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look now for some individual share moves on the my side center to majors gain with roles that are almost three percent the company just received a five hundred million dollars profit for operating. says in banking stocks were no exception would be gaining about the same amount after consolidating eighty percent of the sassafras of moscow and coal miner at a spot sky last after posting disappoints him for stuff results that companies that profit more than have to live the dying million dollars that was for all such or else the capital wraps up with a straight for us. in the two bigger pieces of news today one of them was the you know germany's problem in paris this expansion of the bailout fund which was expected to go both the positive nonetheless and the later on what really got the market moving was good economic data coming out of the us is better than expected the g.d.p. figures and it was strong you know basically inflation was higher than expected and
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which basically suggests that you know the the the economy heating up. which i guess is quite positive in this or context so overall we expect the you know the market will and i are piece of the on the back of these of you know are two positive pieces of news. shares of russia's top search engine gunboats have suffered the biggest fall since less than on nasdaq thirteen percent plunge sent the shares two dollars below the les prize so in the company's i.p.o. in may analysts say confidence has been knocked as the company continues to lose position in this whole market sue google. and other dispute over gas prices is rearing its head turkey says it could break existing contracts if gas from does not provide a big discount ankara is complaining that the price of russian gas has risen thirty nine percent and soon a half years the republic annually buys thirty billion cubic meters of gas from
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russia which is almost two thirds of turkish demands and this is not the first time the country has asked for lower prices but so far moscow has resisted any and some social contracts. well that's all a business is falling out of the headlines are next on the side. of the little. the. very first verses of the bible that all human beings are created but some of it all came in god's image and it doesn't say just jews or god just. six to
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seventy percent of what i did as a combat soldier in the occupied territories was to do with the turds doing what we call making our presence felt to go out should some bozo they are not going to be doors run to the other corner invade another house religion and nationalism not just judaism have been a part of the problem they've been part of what leads to. bloodshed if you want to own guns and kill i thousand four hundred people in a month and you want to expect that this will have no effect they're going to feel you have to be either extremely naive or its terms good enough to be here a few religious jew calling another joe and not not in the way they really needed money.
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