tv [untitled] October 11, 2011 2:00pm-2:30pm EDT
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called. into the. ukraine's ex prime minister is sentenced to seven years in jail for abusing when signing gas contracts with russia that it's sparking clashes between his supporters and police because decision also got a harsh response from russia the u.s. and the e.u. the experts agree entry to the european union is not unachievable for ukraine. going east moscow and beijing bruce cooperation of china becomes the first country to be approved in visits after declaring he will run for the presidency next year. on america's energy corporate protester targeting the society's elite as demonstrators plan a millionaire's march to the hells is some of new york's wealthiest tycoon.
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but from our studios here in central moscow this is. ukraine's ex prime minister is jailed for seven years unit to machine code was found guilty of abuse of power while signing gas deals with russia two years ago. he was following the events from outside the court where commission supporters have been involved in scuffles with police. at times it seemed that the tension would go over the top with the supporters of us in a cycle thousands of them trying to organize a march through the streets of kiev and being dispersed by the police with no real brutality but still some pushing and shoving and the situation was really explodes and still several people were injured in the pushing and shoving with the police one woman we saw as she was taken to hospital having fallen from a stage or from a staircase or something like that inside the courtroom of course it was very tense
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as well while the judge was reading out the verdict futenma sankoh was over shouting the judge was screaming abusive words at him saying that this decision this verdict was not done in accordance with the criminal law but was orchestrated by president viktor yanukovych indeed the reaction from the former prime minister when she learned that she is to spend seven years in prison have her property confiscated and to pay out almost two hundred million u.s. dollars and that was very much furious. with the recount. in the trial showed the constitution and just. too much i need you to begin the struggle if you. will you have to protect ukrainian tarion regime. when her stand up the protesters several thousand of them will remain in central street for another week at least to follow the developments and to see whether their leader would be set free or any any other development could happen to her the muslim has
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been saying all along that those deals like in two thousand and nine were signed in full chords with international law and with the two countries legislation and the reaction which we have already received from the russian foreign ministry is saying almost the same that the court which had the verdict delivered basically neglected the fact that russia believed that the deals were signed a law fully and the verdict itself has something over and so i russian pretext that is what we do. hearing from the russian foreign ministry here it is that happy with the other way things are going because we know that the russian foreign minister and president medvedev have been saying that this case should be transparent and that the gas deals were completely legitimate. and today's verdict has already received critical reply from european union officials with calls for the e.u. to rethink its relations with ukraine and push reports now from brussels. there's
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been a whole stol reaction from the people in europe here the european union's from policy chief catherine ashton says that she's been following the verdict and the european union main focus reassess its whole relations with key of as a result of this verdict we've had the saying is deeply disappointed with the judge's decision and the e.u. commission i did their exit consequences for bilateral relations and earlier today the european commission is that they hope for a review of this of this verdict on appeal i mean we've wanted to see changes in ukrainian law so this sort of case contact and again the head of the european parliament regrets the verdict all to michigan is calling for a review of the case on appeal the ukraine was to enter the european union has been discussing the free trade agreements and the ukraine president is actually due here in brussels next week to discuss the first steps to joining the european union where the sounds we're getting here from brussels is that this may be put on hold and in fact stopped if if this case is not reviewed let's now listen to an expert
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for more details on this case the european union has already made it clear that it is child regular it kicks this trial it doesn't like to see opposition politicians should present and i think there is every chance that the european union may take some strong measures such as freezing the talks with ukraine tragedy there is no chance at all of ukraine joining the euro so there were serious doubts about whether key of would actually go through with the ukraine would actually be able to join the european union but this verdict on yulia timoshenko really seems to put the entry of ukraine into the european union in the long grass kind of. from the russia and eurasia program at chatham house says ukraine may try to use that case to review its gas agreements with russia. there is apparently russian such ext because they are afraid that our backs justification for false are going
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alteration of the. know just save the agreements that julia temple sank or entered into in two thousand i moved to one contract and secondly a supplementary agreement so they were illegal is utterly bizarre the first president to look over each his own the third did it once when he could be our cuba courts with prison. in april two thousand and ten he affirmed that the letter to be a court's it europe's in will shake or clearly it with prime minister put it so that this is just one of many absurdities in this whole drama unfolding where your opinion on the story is always welcome on our website and today we're asking you what the tymoshenko sentence means well let's have a look at the results so far about a third of you believe it's
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a clever ukrainian ploy to avoid paying for russian gas or the thirty percent think the verdict is simply politically motivated mockery and the rest is split between two options whether the sentence is justice well done or it's a fatal error blocking ukraine's road to the e.u. you can log on to r.t. dot com and have you all say because you hear from. russia china requesting corporation in a bid to balance out the economic and political dominance of western countries by minister vladimir putin is in beijing to solidify diplomatic ties and overcome trade hurdles but he's worried acosta is following the landmark meeting that. it's important to mention that this was prime minister vladimir putin's first visit since announcing his candidacy in the upcoming presidential elections and some say it signals a change in focus for russia for many years the west a center stage when it comes to the country's political agenda but trying as
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economic progress has more scope look in the east both asians have supported each other throughout the years on this issue related to sulfur and sea developments and security and of course they also share similar political views and that was proven just recently when both countries of the european draft the u.n. security council resolution condemning syria russia and china are also both members of the brig's group and along with brazil india and south africans are considered economic uncertainty in europe and the u.s. has seriously undermined their dominance off the global political stage paving the way for emergent countries like china and russian prime minister putin said the us is using has no monopoly as the only global reserve and that's heaven and that's a fact on the financial policy. i never said the u.s. was a parasite on the global economy but i do think it's a monopoly of the us dollar as a single global currency. not only for the world economy america's economy as well
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because it leads to a violation of financial discipline. when it comes to you live in europe. is a big problem but it could be a result weren't afraid to take action he said that russia and china should lead the reform international financial systems and that the role of the brits will become more important on the world stage. i think it's reforming existing institutions i mean global financial institutions such as the international monetary fund and world bank and you will agree that the role of the brics countries in these organizations must be you. given the growing importance of a country's economy or if you put it in front of people's so there is a lot of big hopes and best plans but both premier said that they are confidence that they have established clients that are what make sure that they become a reality francis none from the investment company lynsey in holdings believes the
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strengthening of the sino russian alliance can pave the way for a new axis of global economic influence the u.s. and europe join together this really godly think global politics and i think that china and russia can join to get to. wait and not dictate. that world of course europe would not be happy i don't think of brics bloc we'll be a political power even though most part but believe the economic power because india is really a china so there is no very good corporate china. he is sent to asia i think china and russia came to this interest in political interest there and would not let their character through to mount mistaking poles for afghanistan so this is very important for both countries and it's not really
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crossed for business to screen or there was the significant screen of today's meeting in china from a business perspective well below russia and china created a joint investment fund worth up to four billion dollars both countries have finally sorted out their long lasting over all transportation sours for china said they were too high now if only for a while that in our business. thanks a lot greener yes more from green a little later with our business update also still to come this hour the merchant of death faces trial look at how the case of a russian businessman accused of arms t.v. is casting a shadow over the u.s. justice system. but first some of new york's wealthiest tycoons could soon come face to face with the rage of anti wall street demonstrators hundreds of activists are planning to march to their homes in protest against the widening gap between the rich and the poor in america what is really important are reports from new
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york's. these protesters say they are targeting the five wealthiest residents in new york city and the names on this target list include c.e.o. of news corp rupert murdoch and the c.e.o. of j.p. morgan chase jamie diamond there are five people as i mentioned on this list and what we're being told is between four hundred and eight hundred occupy wall street demonstrators will be visiting each of their homes so they are taking part in this demonstration today to raise awareness about their ongoing message which is that the wealthiest americans continue to reap the largest rewards of all the ninety nine percent of americans working hard or struggling to work are the ones that are suffering i mean this economic crisis now occupy wall street of course is in its fourth week we've been reporting about it since the very beginning on saturday
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october fifteenth there is supposed to be an international day of action against banks and that's where what you have seen transpire here in new york occupy wall street is going to basically take place for what we're being told in more than two hundred fifty cities all across the globe occupy london is claiming to demonstrate and organize outside of the british stock exchange in las vegas of course with the sea in message message of how corporations are influencing government decisions not only in the united states but all over the world and this is essential. movement that extends far beyond the borders of the united states. parties more important are reporting now from new york to further discuss the u.s. protests i'm joined by charlie mcgrath he's founder of wide awake news placed in
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bozeman montana charlie thanks very much indeed for being with us live here on r t now the protests grow bigger and they're taking different forms with angry americans now planning to personally visit some of new york's richest tycoons as we've just been hearing there they're in their fourth week of protests but any actually making any difference do you think oh absolutely i mean you know. the first racial level is really reminiscent i was with the first group that march in a tea party back when george w. bush was president when we started this stimulus bill on. it that it was more or we're looking looking at what the government was doing what they plan to do and then we entered into this bailout and we were looking at seeing these problems coming down the road well now the robbers hit the road so these people who are on the streets now are feeling the fresh ration and if you linda hopelessness. you did a lot of people were saying was coming because of our government corruption between wall street washington d.c.
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well this talk of the moment we're bringing pictures of some of those protests and it looks to me as if it's not just about a protest about those rich people being taxed on the not being taxed one of the on the issues that they're angry about. well you know we here we have a situation over three and a half years and you know this is global we see the standard of living of people in this country a report came out today showing it felt yet again on the other side of the coin we see the too big to fail a lot of these people you mentioned in the story earlier that the homes are being marched on to these people have not had to take any kind of a haircut or face any of the responsibility for completely annihilating not only our economy here but look what's happening around the world the farther we get down this road of transferring private failure on to the sovereign citizens of this planet the more we're going to see true organic hostility in a lot of cases i think it is justified and it is righteous to other and clear
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practical steps the u.s. government appears to be taking or should be taking to appease this what do you see . some action on a moment i'll tell you exactly what i'm seeing when these protests started in new york city some twenty plus days ago basically r.t.d. was the only one out there covering and after nineteen days and the realization that it wasn't going the way we saw an onslaught of mainstream media corporate media show up and try to paint this as a democratic cause so what they should be doing and what they are doing are completely different things what they're going to try to do is drive a wedge between people of this country painting this to be a left wing a bit versus the already co-opted tea party so i think the agenda is very self evident they want to take this. movement that is organic and spreading throughout this country and even into london i see no over the weekend and they want to drive
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a wedge between different factions in this country the point i want to make in the point and i'm going to keep driving home on my radio program the website is there is no difference there is a two party system but it isn't red or blue team or. to republicans it's the be very small minority of haves versus the ever expanding have no clue your practive in this movement he did indeed mention that you understand the protests are moving to london can we actually then see a truly global or anti corporate rally and revolution perhaps taking place now. absolutely could we already see it i mean look at the world today we have protests on every college and it they seem to be intensifying with every new bailout that's in doubt in europe right now is a little bit where we are slovakia to. vote on extending or expanding the size of the veil of and as each government turns their back on their citizens people are
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taking it because they're losing hope ok charlie mcgrath thanks for your time founder of runaway news joining us live there in montana. of course our correspondents at the scene are keeping you across the very latest developments yes those protests ongoing at the moment and in one of her tweets artie's lucy come on of says crowds of chanting hate you millionaires pay your fair share and also the clearing the revolution has begun to log on to our twitter feed for fresh. that. a russian businessman dubbed by the u.s. media the merchant of death is standing trial in new york accused of being an international arms dealer he was brought to the u.s. from thailand after being detained in a sting operation by american agents and is not he's going to reports an unbiased jury could be difficult to come by. a new york judge that should require jurors at the trial of the goods to sign a pledge not to research the case on the internet or the media they campaign
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vilifying because the book has been so intense here that one might very well expect the worst would be affected by the whole background provided by the here he is often referred to as the merchant of death even inspired a movie called the lord of war starring nicolas cage so it could be very hard for the jurors to ignore the legend that was created by the media big to boot has facing charges of selling arms to a terrorist group and conspiring to kill american citizens if convicted he may face life in prison according to the u.s. he was one of the world's most active black market arms traders denies any wrongdoing and says he has engaged in illegal aircraft sales and shipping business the u.s. has been trying to get him extradited for true years russians believe they managed to. do it by putting on president to political pressure on the government in traditional authorities of thailand what makes the case political is the underlying implication of the u.s. accusations essentially that victor good was able to pull it off because of his
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government connections actually books lawyers and some intelligence experts claim that the reason the u.s. so learned to have in custody is his allegedly extensive knowledge of russian military and intelligence operations well yes he served in the soviet army but it's really unclear to what extent peter blute is really knowledgeable in all those matters again a lot of hearsay around this man about who he was and what he did here in the united states you constantly hear things like the quintessential war profiteer referring to the good some argue that you know victor good to know victor who could compete with the united states in war profiteering after all these the us that sells more than half of all weapons worldwide including to places where political situation is far from. well for more reaction on bit to put its case let's talk to investigative journalist george matt. george is joining us live in new jersey
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thanks for being with us now do you think the jurors will be able to ignore all the u.s. media hype that surrounded his case in the previous months well it's very hard to say i was unable to be there today i will be there some are the rest of the week i spoke with all of you who are some twenty five minutes ago she was out on a lunch break from jury selection. but it's that's the big question is if you can get a ferret to ferret chuck triumph or a jury in i think will be absolutely innocent or that that's a big question and there's been so much media campaign smearing him for years so it's very difficult well there are some who say that the whole case was drawn up again spooked by u.s. intelligence you know if there's any credence to these allegations what would be the motivation behind all of this. ok it definitely were drawn out he was he was as wayne madsen said he was rendition from thailand not yet you know not extradited he
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was that he was kidnapped illegally his court was doping him in the thai court case in court system when they snatched him he would have been a free man on the twentieth of november and he was snatched by the d.a. on the sixteenth of november four days before his freedom because he's found guilty of sorry i found innocence frightens them and basically our victim was very successful in african continent everybody pulled out because it's extremely dangerous a lot of civil wars going on he was transporting everything from ostrich eggs minerals called oreo and yes armed but illegal arms there is no laws that he broke and he's not being so basically the reason is the cia wanted to go back into that business and you know victor boot had an ultimate monopoly on ninety percent of the business in african continent. and so that's basically what i did say he was in effect from from what you gather he was in the way but what about the political
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aspect we've had many analysts saying this isn't really about bush himself this is about the u.s. and russia. absolutely i believe daniel estulin said that and there's definitely some credence to that i mean this is a very powerful point where the u.s. government just snatch a russian citizen traffic a sting operation and just bring into the united states or as they say for any citizen around the world it's not that it's not american it doesn't but precedent for anybody. you know but but in terms of victor boot i mean it's a joke the united states government was one of his biggest clients accordant douglas farah wrote a book about him douglas starr never met him i met face to face in the thai court system you know he's very intelligent he's a linguist he didn't have any you know distinguishable russian accent highly intelligent but you know that was fair and never met him wrote a book about him you know but that's part of the propaganda in this weird campaign
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douglas. and bronze books and that the term merchant of death and name that they gave him has been parroted by the media worldwide and still being parted today you know so he has he has an uphill battle to face because of this weird campaign against him which is what is the are totally without merit ok let me just quickly ask you you said a little earlier you'll be at the trial a little later this week you've also i know been at the trials in thailand you said have also been in touch with his wife today clearly you have access. to victims' family and indeed you've been following this case very closely how is he dealing with his predicament at the moment. very very well for someone in his situation he's extremely strong person and i think you know a lot of people who are far apart i mean he's been you know he's went inside prison for two and a half years and was never charged for a crime we know just because it's just very very quickly under
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a lot of time we know that in the movie course there was a movie based on him supposedly based on him the accused goes free what do you reckon will listen happened to just finally. if he's able to get a fair trial or a u.s. government then. there's no there's no proof for our you know all allegations are false there's no evidence or a george will find out what happens over the next few days no doubt we'll be talking to you once again live there in in the u.s. thank you very much investigative journalist george map. well the headlines are we coming up pretty soon one in just over fifteen minutes kate will be here with the latest score from russia's vital euro twenty twelve qualifier against andorra here in moscow where the home side me just a point to get through to next summer's finals will be him from pages later before that time for the latest business career. with. her welcome to business here russia and china are creating
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a joint investment fund worth up to four billion dollars the deal is to be sealed in the course of prime minister positions visit to beijing the start up will be jointly run by russian direct investment and the china investment corporation has already allocated one billion dollars to the project at least seventy percent of the funds money is expected to be invested in russia on the sales conference. but also russia and china have finally sorted out their long lasting row over all transportation that's according to deputy prime minister. chinese see n.p.c. underpaid russia's transnet around twenty five million dollars for all supplies claiming the transportation fee is too high earlier transnet threatened to go to court with chinese partners didn't pay their bills and for now russian officials say all the claims are dropped and that that will be settled however another energy deal along gas supplies remain unsolved as the two countries cannot agree on
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pricing. is most probable we cannot. unless the build a liquid for cation plant which is no big a source for they don't have a substantial interest in gas because gas is not the kind of commodity they can store the need to consume it and if they can move consumers they want to be done lies just the way ukraine was for example of the for gas for them is not the typical commodity but we will all be asleep is one of their favorite stuff. let's have a look at the markets now oil prices are heading up after declining following opec's decision to cards global demand forecast light sweet is trading at eighty five dollars per barrel while brant is at over one hundred ten dollars a barrel u.s. stocks are mixed on concerns that slovakia might not approve expanded european bailout fund the dow is trading lower
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a day after it jumped three hundred thirty points its largest increase since august eleventh the nasdaq has climbed nine point seven five points and european stock markets closed mostly in the red on concern over slovakia the footsie ended slightly lower way down by losses for the mining sector a couple minor out for gas that was in on the worst performers dropping one point six percent for prices following several days of gains other commodities stocks posted similar losses were asian natural resources dropped two point three percent and the german dax bucked the trend ending point three percent. and russian markets closed in the red after several consecutive sessions of growth. that's all we have time for that's all we have time for now but for must always check our website i t dot com slash business.
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