tv [untitled] October 11, 2011 6:00am-6:30am EDT
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well listen. just in science and technology from the realm of. the future. breaking news this hour here on r.t. ukraine's former prime minister yulia timoshenko is given seven years behind bars for abusing her or thorazine while signing gas deals with russia her supporters are in a standoff with police just outside the kiev call. the fusion of a new global voices asia because france russia and china build a union to translate political dominance over the western world. in the boston the wall street protests turned violent as police reportedly beat up war veterans during a peaceful demonstration this comes as people all across the u.s. joined a movement against bankers big business and we got. worldwide
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news live from the heart of moscow this is nazi with me. straight to our breaking news at this hour ukraine's ex prime minister yulia timoshenko has been sentenced to seven years in prison she was found guilty of abusing her oath or he was signing gas deals with russia alexy going to shift gears following events now joins us live right outside the court which machine because supporters have been involved with scuffles over the police there. seven years in prison or a surprise to the week before i think. the political. alexia we're trying which right sorry to interrupt you but i know you've got a lot of noise where you are with the crowd i want to get up seven years behind bars some a surprise others are not pleased are your thoughts. policies
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that we are having a technical difficulties with the connection we will catch up with you very soon. an article apologies for that certainly a noisy area where lexing is right now. a sudden a raft caught the global concern about including our members of the e.u. our ukraine's president victorian is expected to hold talks in brussels next week over an association agreement which is the first step to joining the e.u. . from the paris based and so for democracy and cooperation skeptical about whether that will ever happen but trace the history of three hundred years of. trials of former heads of state and heads and former heads of government and they are generally speaking and i have to say that i am a skeptic about these trials. no supporter of yulia timoshenko but i think that it is very dangerous to use the criminal law to adjudicate acts of state
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and this is what has happened in this case the european union has already made it clear that if you use this child very dearly it takes a very dim view of this trial doesn't like to see opposition politicians put in prison and i think there is every chance that the european union may take some strong measures such as freezing the talks with ukraine on the other hand tranquilly there is no chance at all of ukraine joining the european union the idea that ukraine at least an equal in meaning next search of fifteen years so these negotiations i'm afraid are really just a football say they don't have any real bearing on reality. let's reestablish our connection with alexia has got a few just outside the courthouse there in kiev as well but the michigan supporters have been involved in scuffles with police alexia thanks for joining us again seven
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years in prison are your thoughts on i and. i was the. yeah i can just about hear you it's very. sorry i do apologize it's just that the noise is just too much and we can see a lot of emotions there where you are in kiev outside the courthouse a lot of people voicing what seems to be frustration and anger over the verdict now that the former pm yulia timoshenko sentence now to seven years behind bars that was all of these elections are just people trying to get back to him when emotions cool just a little bit not so heavy on the program here on r.t.
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the eurozone hangs by a thread lack of votes on a crucial deal which i could decide the fate of that struck european nations and then plans to bail them out. well be shuffling the ball talk a political stage russia's vladimir putin and his chinese counterpart are looking to lay the first bricks in beijing today russia's prime minister and china's premier wen jumbo currently signing deals worth an estimated seven point one billion dollars on the agreements range from aerospace to jannah development and large energy to yells the same if you overcome differences i've got oil supplies china has agreed on a plan from russia but there is still however the issue of gas with no news yet of a resolution in a longstanding pricing dispute for more on the much hyped meeting and some of us now to see that marina cost. this is prime minister vladimir putin's first visit since announcing his candidacy in the upcoming presidential elections and this may
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signal a change in focus for russia for many years the west has been dominating the political stage for russia china's economic progress may have also moved in the sense many analysts are saying that the strategic partnership between the two biggest and fastest growing economies could shift the power balance in the world now both nations have supported each other throughout the years on issues related to sovereignty security and development they also have similar political views and we've seen this just recently when both of them vetoed a european draft the u.n. security resolution which was condemning syria and suggesting that it could face sanctions if it continued its crackdown on protesters both countries are also members of the brics alliance along with brazil and south africa and you can see that economic uncertainty in europe and the u.s.
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have seriously undermined the dominance of europe and the u.s. all of the world political stage and it has cleared the way for emergent powers such as russia and china you know this year china has climbed the back wall and passing germany and it's now russia's number one trade partner and actually live near putin said that he expects that number this year could reach seventy a billion dollars and by twenty twenty that will go to grow to two hundred billion also the russian prime minister today is expected to sign a sweeping cooperation on technical modernization and what this means is that china will benefit from russia's leadership in nuclear energy space and aviation now russia on the other hand will take advantage of chinese superiority in high speed rail transport power generation equipment and alternative energy production and officials from both countries. i have actually said that this is the best their relationship has been in years and today will of course see any other opportunity
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to strengthen that. side and for more on the kind of russian relations that's your perspective on this from china professor fanger chalet director of the center for russian studies at the east china normal university thank you for joining us on the program today at this point or china or russia relations it seems to have gone beyond just out of pure cash or the foreign policy positions are near identical military cooperation well beyond just neighborly but is the relationship becoming more political do you think i think you fear you're right i think now with the relationship between both of the countries china and russia i think not only. for for e from article but also i think concern this is seen in the internal development but also i think both sides china and russia also consider many things. related. surrounding the area even as
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a kilo boadicea changes so i think as opposed to how it is relationship between china and russia radio i think some are important and only so you're certainly seeing a boost in improvement in a warming in relations or politically speaking and beyond that between russia and china but are we reaching a limit now though to how far such a friendship can go after all and just how much can they both benefit and gain from it. i think really i currently relationship i think there really isn't much of the benefits of football side. not only economically with them hoes. posing for also another the political leadership to visit china i think that it means literally a new plan. a new plan for economic cooperation for posada work develop. one when when when seeing our. both sides data like a developed not only the trade but also the investment relation
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a certain delay prizes financial support team those are to china russia would like to promote. some of the bigger projects just like the. new the clear the energy or so the plan products but also. culture corp and also some infrastructure the plan think that is it really is big biggest so so you can go ahead you can see an improvement and the more cooperation the future when it comes to energy agricultural aspects of infrastructure as well between russia and china are now thirty ground if you can in china what's the public perception that was such a friendship with russia chinese are notoriously independent is opposition to such relations perhaps on the rise. concerned perception section on russia from china said i think relay it would be very especially the
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first a sincere relay for both china and russia we have the some common history so that means both are the could be more a to understand each other and the second delay lots of thirty years really a channel but also russia. on in the process of the modernization and the economic or political reform so also many things we can understand each other for of course the four posts is that count is so complicated. situations country i think really we also need to understand some more. each child. to preserving a chalet director of the center for russian studies the east china normal university thank you. hardest goodbye to a lot is like to have a chef you know a following events in kiev just outside the courthouse where you get from a shank a former prime minister and her supporters rather her supporters have been clashing
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with police she's me sentenced to seven years behind bars for an inappropriate gas transaction with with russia talking all about a massive two hundred million dollars alexy seven years in prison i understand you're there with the crowd and all the noise what is the reaction where you are any surprise as. well the reaction now is three sensed we are certainly awaiting some clashes with the police the police is running all over the place trying to block the protesters from the central street and it is yet unclear whether the projection of some of the parliament that it is about violence i should say will get a prison sentence will become true because as we know she had just been convicted to seven years in prison all of hook up which she would be confiscated and she will have to repay almost two hundred million u.s. dollars in damages so clearly we do not know whether the crowd here the thousands of protesters which have gathered here whether they know about some of the vertical
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about the court ruling but certainly the situation is very tense here already seeing some pushing and shoving between the protesters and the police and right now the situation is basically on the knife's edge now i would like to say as well that this verdict is not completely something expected because many actually puts up to the last moment thought that she would probably get five years suspended sentence because this case is being labeled as politically driven and the eyes of the european union have been focused on this soil and on the verdict itself with the commission's representative for foreign affairs catherine ashton declaring this morning that the agreement on the association with the european union and ukraine could be canceled should. percent will be presenting today now we understand that the court has satisfied to the pleas of the prosecution to give
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a seventy seven year sentence that you must sample the postal rate for some more reaction from the crowd here but we know that some essential has already said that this is the return to the n.c.b. prosecution and she will she doesn't care about the sentence she was still shy to protect ukraine from what she describes as criminal power. and her supporters claim that the case is politically motivated anyway behind the statements anyway behind the reasons. well they've been claiming all along that this case is heavily politicized that it is not being done in according with the legislation the court is willing to listen but it is being orchestrated by presidio the coach personally they in fact have been holding this day the verdict day as the dooms day ukraine's democracy into question so have been saying that they had no worries about this case and cared little about the situation that it is being done only in accordance with the oh it's very interesting because she was sick was being accused of
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striking on multiple gas deals with moscow back in two thousand i know that's costing cranium but it wasn't two hundred million u.s. dollars at the same time also was adamant that all of these in the dream until these gas deals were signed in full accordance with the two countries legislation and they say that they said also that that's of this case this trial must be transparent well clearly the situation is developing very rapidly we're here on the story will be going live every hour to bring you the latest reaction and also don't forget the follow us on twitter yarrow on the stroke r t o r t the so-called full the latest information every ten fifteen minutes we're tweeting every single detail from here from the heart of. a piece of like yourself here right that thanks for. you with all the laughter must have. there have been reports of police beating war veterans during a peaceful protest in the u.s. city of boston but the demonstration was part of the occupy wall street movement
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which is aimed at big business and banks the protests which started in new york are now country right. in front of has been closely watching events. but we know about the situation in boston thus far as about fifty to one hundred protesters have been arrested we heard reports of about a thousand people camped out there especially in session mass a buzz word or for this movement in boston that there were two separate can be carried as where a protest force for demonstrating one of them got raided by the police just inflamed we've heard reports about have police officers actually breaking down the tents confiscating op property at the most so i guess it really just sad that we had a witness to it was an actual physical confrontation between some former veterans of the vietnam war who are at least one of the gentleman that we heard about was seventy four years old there is a video of him getting actually violently beaten down by the police. very very
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unusual situation is something that was actually very closely watched here in downtown new york city where of course the original so called occupy wall street protests began that of course our g. has been covering since september seventeenth now they were by screening some of the action here a lot of the protesters very outraged that the actions that were happening as several have actually left new york to travel to boston to show solidarity with some of the protesters out there we do know that these protests are spreading we do know that the police are far more aware of that back and there is a strain times across the country there are more and more cities seem to have their own now so called occupy wall street moments that have sprung out including in los angeles of course where our teaser goenka lindo has been posted and he had actually captured some of the action on the other coasts and reams us the following reports . the
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protesters took over a bank of america press. in los angeles and we're willing to get arrested in order to send a clear message to wall street we have to take a good. many. and we. want to have chosen people have taken to the streets of los angeles now this room enables people from occupy los angeles in solidarity with my wall street and we have here people who have just been foreclosed on plenty of police here in force in order to keep this crowd in check the anti-corporate mobilizations which started in new york are spreading and now some of the most of back to buy the nation's economic crisis are joining in rose could tell received an addiction notice after falling behind on her mortgage payments i was fired and was told that i was god.
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she believes that this type of political action will bring results and they've been really governing out of what i might just take it and there has to be god and i think it's just and that's just the way from struggling homeowners to the unemployed people all walks of life are becoming in boulder and by the recent street demonstrations we have seen. some idea of the economy. that it passed me eight and five years that me and used to work at an auto parts plant he's part of the four point five million people who have been unemployed for more than a year now this father of two is struggling to hold on to his home diverse groups have made up the mobilization in cities across america in recent weeks as more people become inspired to vent their frustration with our financial and political
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institutions. is the job ok. there's still uncertainty about whether these protests. yes will cause direct change or were there other self interested try to capitalize on the popularity but it appears that the financial state of the nation has helped motivate americans to take democracy to the streets. this is. los angeles lindo r t. wealthy kaiser report is getting to the roots of the ravaging financial crisis here's a quick preview of what's coming your way next hour. those are passive accounts from old ladies sitting on fortunes and every single month they get their statement and they get their magnifying glass and they try to figure out of the bank stole money from them this month but they're very good at doing it so they can pick it up
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and the other pension accounts for their teachers or their firemen remember all these public workers accounts they're being vilified because they want to living wage meanwhile their pensions are being destroyed by bank of new york and other banks and they're getting really gangbang from both directions. because report about an hour and ten minutes her heart say the eurozone is close to accepting a new bailout plan for debt strapped nations but the final step could be a tough one tony slovakia is the stumbling block the last country to ratify the agreement and push the deal through. has been following this. greece might being smack bang at the center of attention recently is the you're using quite as well goes on another member states of being asked to vote on the european stability pans we take a look at how these other countries ok playing with the pressure all eyes are on slovak here today to see if politicians who vote positively on the european
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stability funds to aid ailing countries like greece as the last member state viki's decision is crucial and take a look at this t.v. ad for a popular slayback beer it announces to want to borrow from everyone that is great not one thing to learn to grace that is slovak a tongue in cheek has captured the mood of the people here perfectly well miss america. is not a rich country we need money for our health care system cry homeless for elderly. as the second poorest country in the year is a slave that see no reason why they should help the richer nations they view as having spent more than they could afford and political to send its men there is uncertainty about whether the leading coalition party will be able to get the votes they need for the bailout funds to go ahead the approval of all seventeen countries that use the single currency is needed.
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or not. i see there's a strong pressure from from other european countries and. if it does a priest the plan slovak here would be expected to contribute about seven point seven billion euro to the pot which will taste about four hundred forty billion euro but with year easing countries like spain and italy making increasingly unstable many critics are saying that even this will not be enough but it's a dead end every so often. it's the final solution to the problem and they say it will take these margins but this will be the end of it and it's like. come out and what we see is an endless. austerity. depression. more measures leading to more depression and people realize now that
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you've got to break out despite facing an outpouring of public discontent germany managed to cause the measures at the end of last month put in slovakia many have remained strictly pays to this thing the fund that taxpayer is paying a penny. situation is not sustainable in. amounts to be pledged are so huge that it doesn't make sense and it doesn't make sense and i think it's like politicians we all see that there are also other alternatives probably they don't have euro they are doing quite well they don't need. the same time they don't have money and so. the decision of the small member state today could have a big impact a look plans to the pan out fund but this is a day crisis continues to be felt in the richest member states to the poorest is no global concern about just where this is going to. search.
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for the business with the tree. thanks oregon russia and china have finally sorted out their long lasting rao over transportation tariffs as according to deputy prime minister egan session chinese c n p c underpaid russia's transnet around twenty five billion dollars for oil supplies claiming the transportation fee is too high only a trans national to go to court for its chinese partners did not pay their bills so . they would be prime minister you could see all the claims are now dropped from the debts will be settled. when the two countries are also creating a joint investment fund worth up to four billion dollars the deal will be sealed during prime minister putin's visit to beijing the startup will be jointly run by
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the russian direct investment fund and the china investment corporation each has already allocated one billion dollars to the project at least seventy percent of the funds money is expected to be invested in russia and almost c.i.s. countries china is canceling a u. one ruble trading fees as it becomes russia's top trading partner. russia looks likely to post a budget surplus this year high crude prices are balancing the state spending which as risen in an election year the relatively healthy outlook is likely to continue in twenty twelve unless the oil price crashes as they are slightly somebody from explains. even with a significant increase in first call spending ahead of the elections at the end of this year there is a very high chance that russia will have a moderate but still a fiscal surplus by the end of this year in terms of the year two thousand and twelve the possibility to attain
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a surplus is also there obviously oil prices will have a lot to do with that but my sense is that given that we're going to be and the post electoral fiscal landscape after the elections is going to be easier to control fiscal spending and that i think bodes well for the team and relatively good fiscal outcomes possible even in the positive zone with regard to the fiscal balance next year. so we have the markets now while prices are heading their hour down after monday's rally lights we did declining sixty seven cents brant seventy one cents is being dropped just as european stocks are also. losing in value this is as investors are awaiting a decision on expanding the european rescue fund by slovakia's just in last year's country to vote on the plan for the index down point to six point seven percent.
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and this is the picture in rush hour markets are also correcting after several consecutive sessions of growth so you can get some of the you main movers on the mice will majors among the. declining three percent burbank also losing point eight percent after approving their profit for the first nine months more than doubling to eight billion dollars metals mine a mere chill is just slightly point one percent bucking the trend its net profit is quadrupled in the first half of the year reaching half a billion dollars. for the news the chinese development bank has agreed to provide one and a half billion. dollars to fund the construction of the now the minium smelter for the south russian company source of the construction of the plant four years ago however was put on hold due to a lack of financing projects expected to be finished in two years. that's all for now we will be back in around fifteen minutes time with an update headlines are
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