tv [untitled] September 29, 2011 2:00pm-2:30pm EDT
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the release of marco results will result at the sochi on human cold memo which would result much will never be close to tomoko revering which only come soon truth be told with. germany gives the go ahead for a hugely inflated euro zone bell out front as it guarantees billions to prop up its currency colleagues but different feeling hail in the streets it plays where the people of protesting saying they'll stay at the matches they've got a putting in place to try and secure that bet that cash is simply too high a price to pay. and you could stop the fighters continue to pound the colonel's hometown with extra nato bombardments causing right residents to flee as their homes are destroyed. china's heavenly ascent its ambitious orbiting lab heads for the stars as part of the beijing space station or
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a ship. close in business investors who gain some confidence after the news in germany with some even eyeing emerging economies despite all the risks we'll tell you why in business in twenty minutes. you're watching live from moscow where it's ten pm it's eight pm in berlin and german lawmakers have agreed to massively increase the size and power of the euro zone's bailout 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 sara firth is in athens. ins is running out amongst the
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people here in greece take your bell and leave that was the message from the protesters here today that outside the finance ministry deal tonight ations a lot of people who are being made unemployed the government's austerity measures are one of the limitations that they put in place to try and secure that there that has the eight billion is going to be decided on later next month so you can see the fact is that the battle on the finance ministry itself saying we want life the people here a feeling that the measures that have been put in place are simply stifling that and that realistically that is too high a price to pay said essentially a different reaction to the positivity we still after that positive day in germany it was certainly a positive step that chancellor merkel managed to secure the churchy hold that that is seen as taking decisive action but there are questions really able how much impact that money is going to have not heard even create that stands at around
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three hundred forty billion euro is and the germany very thing to extend the size and power of the bailout fund that would now does not have four hundred forty billion year as a which the two hundred billion would be called heated by jan he was already the single biggest contributor to that fund and we know that that's caused us and discontent among the general public by now in a cash playing from that yet because there are still countries that have to buy tonight takes seventeen countries and as he said the way that that's being received here amongst the public is with some skepticism they said a lot of people are saying that they view the year is a leaders as a part of the problem of this whole year as a financial crisis and so they're asking how they can be the solution and also there's a lot of mistrust head because the people here's someone telling me today that this isn't a case of things getting worse month by month whole week by week even day. by day
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things here getting worse for the people but tomorrow we see the deadline for attacks we see people outside the finance ministry. planning the taxes that they've been given they say not only do they not want to k. this they simply can't pay they day to have the money anymore a lot of disappointment in the government we sold the protests and clashes break out between the riot police and the protesters on tuesday after the filth the property tax was causing. a lot of discontent still among the people say with the next round of money due to be decided on next month and with the ballot being extended what people hear is that if they don't really should they will not catch they feel that the measures being taken a teaching hospital is poisoning the patient's age speak and they don't know whether this bailout funds going to be medicine into the country or whether taking that money is going to be drinking from the poison chalice. well as we heard great
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politicians are desperate to get more bailout cash to remain in the currency union but robert oulds terabit of the influential group group in london which promotes decentralizing european affairs says they're out of touch with their people. there's an increasing gulf between the political class and what the population of 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 greece which is wasted more money and the finnish population is also greatly concerned yet the political class are too wedded to to the idea of the euro they're not facing the economic reality they're just concerned of the political project of the euro and the european union and they should be concentrating on people's jobs and protecting taxpayers' money but the heart of the problem is the
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you and greece and their membership of the euro it's not helping their economy is throwing good money after bad it's 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 figueiredo economy that way that's what needs to be done the need to recognize that the euro has failed for them. and i get half the fighters have taken control of the airport in the fugitive colonel's home town of sirte the last stronghold of his loyalist reinforcements have been called in ahead of a fresh assault in the face of stiff resistance civilians continue to flee the violence in the besieged city blaming nagel for only adding to their problems or to discuss further the situation in libya i'm now joined by pierre going down as a professor of political science in paris thanks for being with us long lines our
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civilian vehicles have been leaving after a night of nato air attacks on the town people are saying conditions inside syria are disastrous how does this fit in with the humanitarian mission. well actually it is not fits in with humanitarian mission from that starts the un resolution was it believed or a real intervention and now we're seeing is nato taking an active part in a war that's clearly a war between nato and gadhafi it violates the resolution of the u.n. which is something that could have been predicted when it was passed. six months ago it. was happening in libya is not just medals fighting government but it's foreign intervention which does not explicitly present itself as a foreign intervention you. know or against it what does that mean
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in terms of nagel's goal in the country well. these schools are not very clear you know what is clear you know the west expects. to give free food access to oil and it's all of companies and so on but now our you know it's as if it's. back to. the era with power that is very much controlled by the west so. you can believe that the aim of humanitarian and clearly what's happening right now is intervention on the side. of one group in a civil war the winning side because nato supported where you can major clearly won the war and probably wants to make sure that there's no internal opposition. where do you think this is go and what do you think the alliance is next with. well
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it could be something like also. trying to keep down an informant our positions the oil flows and. the tribal fights. could happen with paul of kentucky do not happen or do not impact of the libyan economy to sable izing in the sense of leading the country stable for western presence and mostly economic presence. as some people were glad the violence claimed native guilty of genocide by reportedly hitting schools homes and hospitals do you think the alliance could find itself eventually somehow answering these charges. what has to be very careful with the word genocide the word genocide. the jews in the second world war rwanda it's very different from massacres so you
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can't say that nigga is guilty of genocide but clearly nato is responsible for some massacres. it's very unlikely. that leaders of nato could and of being prosecuted in the hague and he specially americans who cannot be prosecuted in the hague. even though there are people who have died because of nato military actions matter goes it's very unlikely that people responsible for these massacres should be held accountable by the international court of justice precisely because of the way the international court of justice is set up to punish only some groups of murderers or. vicious attackers and so on but not others political class professor pierre accordingly and live with us on the line from paris thank you farai. well nato is also being warned against taking science and now their
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region as are the reports from kosovo in just a few minutes the kremlin concerned after nato reportedly uses live rounds and border skirmishes between close of and ethnic serbs arts and he has a report for you from belgrade. but first the wheels are turning up the un 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 further antagonize most of the global community by authorizing more settle their homes in disputed east jerusalem a prominent academic professor noam chomsky believes it israel really wants peace and should reconsider its settlement expansion. but the truce that's occurred.
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since. it's not a truce in spirit. of peace. with us from earth currents which incidentally is the rest of us remember that we want to believe that it was wrong some of the most profound. and it was. the true it's up to the people once it goes through comparable component of the actual of the world. we can watch our conversation with professor noam chomsky as he shares his views on global events and just over fifteen minutes. well it's china's turn to stake a claim to the stars as it was as the first orbiting laboratory nicknamed had only power its the unmanned facility will burst spacings presence in orbit it will also
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pass the waters ahead of china's plans for its own space station by the end of the decade eager from the newest of cotman arctics magazine believes the culture has gone its own way after being banned from going i assess. 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 at the point we had reached thirty years ago as for technology they may well have borrowed some of it both officially and unofficially 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 permission just to visit the station 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
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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 two thousand and eighteen. well for in-depth coverage of all our stories plus much more check out our website r t v dot com here's what's waiting for you online right now and if there's any truth to the rumors colonel gadhafi is certainly earning his air miles at the moment with sightings in different countries on a daily basis r.t. has its own take on where the missing momar might be hiding out online for more. because former ukrainian prime minister yulia timoshenko is back in the dock after a two week break and she's clearly none the happier for it go to r.t. dot com to find out why and don't forget to check out our you tube channel for some of the other stories move on find your.
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if. kosovo remains on a knife edge 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 clashes as nato trying to dismantle the serb barricades archies alexy or some ski is in belgrade. for now this simmering tension has calmed down from about two days ago and there were understand that the situation still remains very tensed and potentially very much explosive as we understand serbs are reinforcing their checkpoints their manmade checkpoints and the key for nato troops
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are pulling more soldiers to the front line to the place where the borderline were placed with where the clashes have been happening for the past several months now on tuesday night another clash happened at the checkpoint and of course the border 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 nobody knows who to blame for these 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 or 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
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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 a very sharp response from belgrade releases events in the north of serbia should facts first it is about the customs the room 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 of. we are facing a situation here when the international forces deployed in kosovo in fact serve the needs of prishtina instead of maintaining a neutral position this is why some abuse against it this is been happening this ever since july in fact every sense of the cost of the police set up roadblocks on the border with. serbia thus enforcing a trade embargo preventing the sale of goods from the mainland through of you tube serbs living in the course of or definitely the area now remains and how you turn should just as the whole region and in has been very sharp responses on the
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international level with in particular the russian foreign ministry saying that this particular dispute this particular incident disturbed lies is the situation in the whole region and could lead to very serious consequences. some world news in brief for you this hour a court in bahrain has headed twenty medics jail sentences of up to seniors after convicting them of incitement 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 asked the uprising came in the wake of the arab spring and as was harshly suppressed with numerous claims of human rights abuses. eighteen people are feared dead in indonesia after a plane crashed in a mountainous region on the country's largest island heavy rain was reported in sumatra us shortly before the plane came down is the country's latest transport
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tragedy in twenty four hours when say eight people were killed and dozens more injured in the stampede on a ferry when a fire broke out on board. former international monetary fund chief the many stars khan has held of private meeting with the french writer who accused him of attempted rape it took place at a paris police station which is common practice to test whether a case should go to court to stun vinal claims the politician attacked while she interviewed him in two thousand and three starts current denies the charges and plans to countersue for slander. well an eye opener for those struggling to make ends meet in the current age of austerity has come from the financial world this week and 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 opera. governments don't rule the world
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goldman sachs rules the world it was the comment heard around the world when the 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 immediately start to shoot the messenger alessio forbes calls him a psychopath c.n.d. sees a jest it might be a hoax a new york magazine wonders if it is a hoax or perhaps our worst nightmare well regardless of 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 one of my traders even former goldman sachs employees who have 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
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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 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 george him injury 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 can see the people around me jewels have collectively dropped that what you just say perhaps there. jaws wouldn't have dropped they only
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read not 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 tavi discussed with us recently how although people are unaware of it the big bang has profound power in society how much you pay for gas how much for electricity how much you pay for your credit cards. your mortgage use 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
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for years that the government's actions are dictated by the big banks and very special interest in on wall street the insurance industry and he's got these are the people writing the laws that obama is they are keeping him in power they are the ones that are serious 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 r.t. . well certainly for you we're now into american academic chomsky shares his thoughts on the latest israeli palestinian developments and the world's other pivotal is a business that's right really. hello
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and welcome to business here on our sea of russia took a heavy blow in the last finals of financial markets are billions last week the country's indices lost over ten percent which made the worst performer among emerging markets but this recent weakness presents an opportunity for bargain hunters one of the secrets of power from what creates a capital believes it does spark she says investing now could be risky. taking into consideration prices and level this am is very attractive but the main point is that there is significant knowledge flow of 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 particularly russia is supposed to be getting all of the 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
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and buying u.s. treasuries and rather than looking to the emerging markets. like you look at the markets and i was struck with oil and it's higher trying to claw back from its biggest quarterly drop since two thousand and eight so that's a speculation that a strand of european bailout fund which was approved by the german lawmakers today will support i think a lot of both and you know the brands w.t.r. is trade in close to eighty three dollars a barrel while the prime blood's is putting out one hundred four dollars and forty six cents this hour and they are us markets open higher after the news in germany another boost was a better than expected economic reports in the country and they show the initial jobless claims the clients are the lowest level since april the last like now since i've raised earlier against ratings negative territory it's now losing more than one point eight percent. in europe markets close the mix with banks like commerce
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frankly if you are by and society is that they're all van and ground after positive news from germany and the us there are also markets and that's right in session on the higher levels with the r.t.s. gaining over one and a half percent and the my stocks going up over two percent let's look at the individual share moves on the my sex can see that energy majors gain with ross left almost three percent of the company just received a five hundred million dollars plus. operating purposes banking stocks right now except so it's good to be gaining about the same amount but that was after consolidating eighty percent of the shares of bank of lost out and called either of us bought sky last after points they disappoint and first half or so the companies that profit more than helped us in ninety nine million dollars and douglas ross of it all said capital wraps up the day's trade for us. going in the two big pieces of news today one of them was the you know germany's poem in paris this expansion of the the bailout fund which was expected to do
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a good positive nonetheless and the later on what really got the market moving was good economic data coming out of the u.s. is better than expected g.d.p. figures and strong you know basically inflation is higher than expected and which basically suggest that. the that the economy might be heating up. which i guess is quite positive in this context so overall we expect the you know the market will and i are piece of the on the back of these or you know two positive pieces of news . shares of russia's top surgeon engine van decks have suffered the biggest fall since less than on last that the thirteen percent plunge sent the shares two dollars below the lisp riser in the company's i.p.o. in may analysts say confidence has been knocked as the company continues to specific in its home market to google. and another dispute over gas prices is
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remembering its cherokee now says it could break existing contracts and get strong doesn't provide a big discounts ankara is complaining that the price of russian gas has risen thirty nine percent in two and a half years the republic annually guys thirty billion cubic meters of gas from russia and that is almost two thirds of turkish demands this is not the first time the country has asked for low prices but so far moscow has resisted any attempts to change the contracts. lots of us looks the south the more so as you can always check out our web sites are set up called slash business in the meantime stay tuned for the headlines with an eye for the.
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