tv [untitled] November 1, 2011 1:00pm-1:30pm EDT
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people not finance the message of thousands of protesters here on the fridge trip to europe as it gears up to host the g. twenty summit we'll have the latest release in just a few moments. also this hour an r.t. syria says it's ready to implement the demands of the arab league to end the crisis but only if sanctions against assad's regime lifted. the f.b.i. joins the halloween celebrations by sharing its own ghost stories releasing surveillance footage starring and a chaplain and other alleged russian spies our top stories this hour.
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international news in coming live from moscow this is r.t. with twenty four hours a day thousands of anticapitalist some marching in the french riviera ahead of the g. twenty summit groups of international activists are urging the leaders of the world's top economists to focus on people not finance lottie's daniel bushell is a nice where the protest is centered that circles live now to any sign these protests might actually turn ugly don't you. know the protesters say they're catching the spirits of all the protests around the world are they will achieve their goals without violence it's really you know it's the okey bogles street movement in the states as well as the un seems you wrote movements that we've seen in europe that people of come here from all across the world not just from the likes of greece and spain which are particularly suffering from the debt crisis now but also places like canada people from the middle east who say the real disenchanted with the way that capitalism is going the more attention is being paid
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by our leaders to the bankers and finance years older than to the people themselves this organizations here like leading trade unions. officially the greenpeace is another body of us here around fifteen thousand say protesters that have come here we've spoken to some of them is well they have to say. i'm here because i won't say cavity people. because we don't trust. all the power. due to. the fact that if you. want to in the world are just. running everything running all the people all the governors of states of this world have decided they own the world and they control what it should be we believe the people have their word without their words not something to say. and if you say something like fifteen thousand protesters there
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in the south of france at the moment how have the authorities been preparing for the forthcoming protests around the g twenty itself. well there's a scene of chaos not just from the side of protesters but also from the police because there's a helicopters overhead at the moment you can hear police sirens also the police really have melted its military style operation to shut down and stop any of the protesters going where they don't want them to go that includes compound where the g. twenty summit takes place but also some of the more sensitive areas of nice which is just near boy all the side streets as i say there are police ready in all move vehicles ready to really stop anything the protest is trying to do which they don't want them to do and this has been a real problem for locals as well several locals have say they're moving out of the area for the time of these protests because it's just impossible to live here at the moment you have to get in. several roads around the block being blocked off so it really is
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a difficult scene at the moment for both sides daniel thanks very much indeed for that live update daniel bushell reporting from nice well we can now cross live to james mead way from the new economics foundation for his view on the crisis that strengthened its grip on europe and james joins us now from london well as we've been hearing a lot of anger there in the south of france and protests ahead of the g twenty summit have taken place almost as often as the meeting itself but with little success so could it be different this year when we bear in mind that the growing global discontent with the way governments deal with a crisis do you think people will actually be listened to this time. i think there's a chance the pressure on the g twenty will start to proof if not quite overwhelming but very very substantial that's pressure from all quarters all of the leaders meeting today no to go back to their countries when the summit is over and and see populations increasingly discontented with the way they've been running the world in the way the crisis is being handled and have till now i think what you're seeing
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next is a reflection of that of course all the security precautions that you know indicate just how little it gets in the city this really hurts that shouldn't be the world's leaders have to be great big steel fences of the police out and all the rest of it if they enjoyed the legitimacy of the people they claim to represent so yes there is a huge amount of pressure on them and there is also a ship i think the potential for change one of those leaders attending is of course the greek prime minister given that today he's world markets crashing thanks to the fact that he's putting the latest rescue deal to a referendum asking the greek people whether they will accept the conditions of the latest aid package now he's not going to that welcome there is. it is not going to be amongst the g. twenty maybe not but i think this is an entirely reasonable thing for him to be doing you know perish the thought of the people who are the victims of the various so-called rescue packages that the e.u. and the i.m.f. an e.c.v. of cooked up for the last eighteen months or so perish the thought that they should
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actually be allowed to decide whether they want because things it's quite striking that markets have reacted so badly to a sort of elementary democratic claim about the world i find that really it's indicative of the way that financial markets think of course the greek prime minister isn't good the rest of the g twenty i don't see any reason why that should prevent a referendum taking place as you say a great display of democracy there but of course the greeks they're fearing that the retirement age is going to go up to be eighty high cutting public sector wages these austerity measures are really going to hurt them so it's pretty likely they are going to turn it down and say no if they do what are the implications. well if we get as far as a referendum there are a number of steps the has to get through first that this government has to get through first not least of which is a confidence vote on friday the opposition or at least the principle opposition party there is demanding new elections rather than a referendum so it's no guarantee that the referendum will take place if they do get a no vote which does at this point in time seem frankly pretty right then then the
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potential for all hell breaking loose is quite immense greece would be in a position of most likely to default on its debts and also most likely having to exit the euro in some disarray for the other euro countries but perhaps this gives the opportunity for greece to rebuild its economy which has been shattered by continued your membership continued austerity programs and perhaps here is the opportunity of the greek people to sort themselves out and begin to you know take some control back of their own economy and society you need to say greece could exit the euro wouldn't this set off a domino effect in completely undermine the whole idea of the eurozone this would be a disaster wouldn't it for the eurozone or not. it depends on whose point of view you've taken these things i think what we've seen over the last probably two years now as the crisis has unfolded is an awful lot of very deep underlying structural problems in the euro the fact is a bunch of pretty dissimilar economies rushed together with a single currency a single monetary system that says as this started to expose the crisis it started
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to expose some of those structural problems and what we're seeing at the moment is i think something approaching the end game for those structural problems at the very least we might well anticipate quite a fundamental reordering of how your operates out of office now there is an argument out there that we should read greater fiscal union the shipping rates of monitoring or how european governments choose to spend money and choose to raise taxes not sworn possible outcome of it given the disorder that's actually taking place and given what's just taking place or potentially taking place in greece with the referendum perhaps the more likely thing is is a steady disintegration of the euro all these of course possibilities that amount of. change in the next few weeks is talking about that referendum in greece is interesting that of course many believe that the bankers and the politicians the blame for the greek financial problems but maybe this is a clever way of giving the people a say in that respect it's an attempt to pass the blame on to the people's will on what the outcome is going to be. well there could be monaco accusations made about
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hosting the referendum which otherwise came as something that was a bolt from the blue rather so possibly it's not forcing the issue back onto the people it's pretty much playing to represent good very very obviously failed to do so for us the year or so perhaps our small route out of the crisis for an attempt to restore something like that it's messy to an otherwise deeply deeply unpopular government not the changes that really people's anger all actually directed against the financial system against the finances and against the politicians who got them into this mess about the mess so much disunity and disorganization and of course some arguments intention behind the scenes interesting to see that young clear appreciate has caused the back of the european central bank now to italy's mario draghi clearly a very dramatic point in the history can we expect anything to come out of that any change in policies do you think will it make any difference. that seems very unlikely the e.c.b. will pretty much carry on as it always has done as kind of the bondholders last
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friend in europe attempting wherever it can to wash your hands of the crisis really not acting as a lender of last resort not the particular capability of doing up and it's actually sitting there and demanding further austerity measures from countries affected by the sovereign debt crisis which includes greece portugal and spain and italy i doubt that the change your leadership at the top will make any fundamental difference the kind of policies that they want to push through change this referendum in greece many thing is going to threaten to scupper the euro bailout they're saying this could be a disaster for the euro zone but all we know actually looking at a real critical moment for the status of the euro zone and the future i mean where are we now because the amount of media interpretation over the past few months indeed over the last year we always seem to be reaching a critical stage where exactly are we now particularly bearing in mind with what's happening with greece. think we always are reaching a critical stage and then a final reckoning is being deferred and deferred and deferred for really the last
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and more than a year essentially since the first bailout of greece back in march twenty ten the collective leadership of the between the e.c.b. and now the i.m.f. have managed to push off any kind of decisive change the situation and you can decisive moves against the structure of the eurozone which would resolve the crisis that's now happening what we're really talking about here is that the greek debt is a table there is no real chance of greece ever repaying the colossal amounts of sovereign debt that is built up there in the course of the crisis it has to default at some point what we're looking at the moment is really a kind of a process by which that before might be enacted it may take place under the guise of the i.m.f. and the e.u. deal that was struck last week more it may take place at the behest essentially of the greek people something like argentina in late two thousand and one where they simply decide that they're not going to pay the debt they can't pay their debts and therefore they won't pay their debts no the potential for lots and lots of other events for wider banking crises and the rest arising from these two situations is
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very substantial so i think we're reaching the end of one kind of face of the crisis inside the eurozone and perhaps the opening of another one james always interesting to talk to thanks so much for your thoughts on this james me economist at the economic foundation joining us there in london thanks. well we always welcome your opinion so don't hesitate to log on to r.t. dot com to see what you think lies behind the greek prime minister surprise decision to hold a referendum on the use hard bargain rescue plan let's see how the vote looks so far most viewers thirty six percent you can see there on screen think the prime minister has made a wise step to let the population have their say thirty percent believe the move is just pure populism to quell protests and just over a fifth of voters say is looking for a pathway to an honorable retirement and we can see there are twelve percent think that the solution is a knife in the back your comments r.t. thought calm you could hear what you have to say. or coming up
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a little later this. baseless claims the president elect wells to close the u.s. controlled airspace in his country saying its presence there is putting them at risk. but also u.s. versus unesco washington comes to the u.n. cultural body after it granted a historic membership to palestine. a story still to come but first and the information war against syria stop funding and supplying weapons to the armed gangs claiming to be opposition and lift sanctions against president assad's regime these are the demands put forward by damascus in exchange for implementing the changes suggested by the arab league international body has urged the regime to halt violence and start dialogue with the opposition parties to syria as this report. the protests government crackdowns and violence that continue to plague parts of syria the capital damascus is still largely sheltered from but beneath the calm many will remind you that in syria walls most certainly have ears the more but out
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the country's intelligence service has political clout in syria that's where the state secret and says the unrest began in march protestors have accused them of violent interrogations. before i was chased and arrested by security forces in a very tiny cell he beat me severely damaging my back and me bill which you could be accused of sort of receiving money for taking to the streets they said ages of america in israel after forty eight hours of detention and torture they took all my money and belongings and threw me out into the street. city and corey is a lawyer who deals with detention cases she says the influence of the security police extends even into the courtroom. we have three authorities in the country the legal authority billet just looked at and the executive but it is the security police who make the real decisions the court judge with for their decision and i feel sorry for the judge because he is not independent. and could he believes this
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constant state of fear is thanks to decades of living under the emergency law in place since nine hundred sixty three in two thousand and eleven healed it to appease anti regime protesters this man who's worked for the more but after twenty seven years sustained gunshot wounds in what he says was an ambush by a group of terrorists we asked him about people's fear of the mob but not accusations that they are behind the violence detentions and torture. this is the wrong idea we are protecting our people but the terrorists shoot civilians who shoot us and then accuse security forces of doing such things accusations that we instill fear also wrong if this person has political activity without any intention of harming the country and he is free to do this and no one will chase him. but if he has links with terrorists and works against the country naturally he will be brought to justice we pose the same questions to the deputy foreign minister you know and so on the people who talk to you if you ask me as
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a citizen of sr i can do a different view i have never ever been asked by the security or anybody for something which i am those who fear are either people who. are illegal activities or carry arms or put themselves in suspicious rates this right here is a very open and colorful slice of syria but when it comes to talking about security services like anywhere it is proud of my country but here their presence is so widely felt that it's not possible to determine just what local feel is normal. and when twenty percent of the population is rumored to be in the intelligence service it's no wonder many prefer to keep their voices down in the light of day but within a crowd that fear is temporarily forgotten oh yes i'll take to the streets again and again i will raise my voice and i will fear nothing. one freedom of expression but we get nothing only bashar al assad and security and enjoyed it as for us we
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are nothing why is there. are. this halloween so their own ghost story released surveillance footage of anna chapman another alleged russian sleeper agents uncovered in two thousand and ten the agency says the video shows a spy ring at work in artie's because all of the reports now from moscow. perhaps spookiest over all is that this what it doesn't contain any actual spooks there was no charges of espionage levels against the ten people who were arrested in the united states in june of last year instead they pled guilty to conspiracy to act as a rule for agents of the foreign governments now the this these videos that have been released hoping to school reese released on halloween something which did raise a few eyebrows however the f.b.i. how they shoot us that this is just purely coincidental now the footage shows
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members of this alleged spy ring. doing such things as shopping in macy's and using laptops in popular branches of bookstores the f.b.i. saying that operation ghost story sends a clear message to any foreign spies wanting to operate in the united states over critics have suggested this the release of these documents is something of the publicity stunt. palestinians have well to try to join other u.n. agencies within weeks following a trial you know where they were granted full membership recognition comes at a price with the u.n. culture and losing nearly a quarter of its funding after the u.s. cut its support from the moscow has criticized washington's decision saying it won't help restore a climate necessary resumption of peace negotiations in the mideast the vote was called a month after palestine applied to the security council for full recognition washington what. is the nation's chances for statehood league but it may have success in other
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u.n. bodies. this is the first step i think in a series of steps towards u.n. membership you know linux is going to be more education and cultural organisations and then pretty soon we could see membership in the world health organization which they will decide they can decide to palestine as a member just by a simple majority vote as you know spoken of so you know but however as far as getting statehood you know you want obviously you want us obviously has a veto and they're just there's no way that they're not going to be using the veto in terms of stopping statehood itself so but at the same time i mean it up to that point there's a lot to benefit those offered powers and it benefited from member ship in a lot of the different agencies. parties are all over with the details and you can follow the story of russians and tell all of website dot com you can find out how the alleged undercover swire literally turned itself into a trademark often becoming a media attraction. online
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a russian paraglider recklessly is grapes the walls of learning safely after colliding with would you believe a vulture. all available at all to. the newly elected president of. the shops the u.s. air force base in his country saying it poses a threat to his own nation's security america's least for the minister seventy nine that's unlikely to be renewed off the twenty fourteen when the current agreement expires. explains this news came hardly as a surprise because the presence of servicemen in kurdistan is a highly charged political issue and every president has to address it in one form
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or another in the mass arab raise is a fairly large facility that it was opened in kurdistan in two thousand and one to support military operations in afghanistan it represents the shortest and the most efficient route to deliver back burns and military personnel to kabul it was initially named after a new york firefighter who was killed in this time relevant attacks later the name was changed but it's still colloquially referred to as the gateway to have a because most of the u.s. servicemen who pass through monastic area base are on their way to combat in afghanistan now according to the current agreement billie's of the of these air base cost american taxpayers around two hundred million u.s. dollars. and the current agreement ran still me two thousand and four when you could use president almost back of who won last sunday's elections with almost sixty percent of the vote sad that his government is going to. the existing
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agreement but that they have no intention of extending release of the base beyond two thousand and fourteen he said that the presence of foreign troops in kurdistan does not serve the country's national interest and may actually compromise the country's security in fact he said that could just and does not want to be a target for tilia tourist trikes calming from being an amazing of the united states back in two thousand and six his man was killed by one of the year's servicemen add the checkpoint to the base down there were rumors that american pilots i've done playing air a few on the villages to chase into the air base so many people would like americans to go a few years ago russia seemed to me go all shades and reach an agreement with the kurdish authorities on the closure of the base and they could use parliament even passed a bill authorizing bit of fiction of the days but that and the decision was served first whether or not the decision will be implemented this time around is yet to be
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seen. you could check out of saw his twitter feed for the latest updates on that story we can see there on screen in one of our latest tweets he says the u.s. military uniforms rushing off the shelves in markets across the country as capital the reaction to the likely closure of the space. general twitter feed. thing is here with the shortly but first let's have a look at some other international headlines in brief in our world update this hour a passenger plane has made an emergency landing on its belly. airport in poland seven six seven run by a polish airline was about to land on its way from new jersey when it damaged we'll discover the aircraft's circle for how to burn excess fuel before landing one of the more than two hundred thirty people on board was hurt. more than a hundred tibet in protest as have been arrested in the paul after staging a demonstration against chinese rule exiles gathered for a prayer meeting and began chanting slogans and demanding independence welcome back
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paul is home to tens of thousands of tibet yes but authorities say they will not tolerate any beijing protests. indeed it's now twenty four minutes past the hour here in the russian capital time now as promised for our business update with kareena. welcome to our business up at the south thanks for joining me global markets plunge into another round of volatile trading as uncertainty comes rushing back that's after the promise to greece unexpectedly call for a referendum on e.u. plans to bail out the country last week european leaders agreed to hand out and one hundred thirty billion euro bailout and a thirty percent write down on its enormous debt but the greek move has cast doubt on whether the deal can go through the referendum could be held as soon as next january but the t.v. from r.b.c. capital markets believes greece has played and danced
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a trick on its. last week's summit it was a pretty serious hard line from european leaders saying there will not be any harder for coming out of greece with this announcement because it's a question of whether it really will be the case or not resigned as a sizeable redemptions that it has to be to december requires snoopy would soften not just the currency trench of credit perfectly but also the subsequent trend and even then it's clearly could be to scream and so and clearly it is this announcement is what is now going to help the center in two or three years and will for washington and brussels for the beatles and so if it's in a short term we're going to see a lot more volatility a lot more uncertainty a lot lot more seesawing as we have seen over the past week so fortunately. that's a look at the market's reaction now in europe investors rush to sell equities on tuesday particularly the already beaten down banks the folks who lost over two percent a close while the dax fell five percent french banks were particularly hard hit in
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iran saying seventeen percent b.m.p. perry bobs up almost fourteen percent in athens periods bank fell thirteen percent and national bank of greece dropped fourteen percent a similar picture in russia where stocks have as steep as today drop in a month beyond he has lost five percent of them as it struck me three percent at the end of the session earlier trade. has been suspended otherwise it's due to technical reasons let's have a look at some of the individual shelves otherwise at its most energy majors were down are cheaper crude with gas from losing more than two percent banking stocks were hard hit following global trend with me to be shedding four percent russia's telecommunication major ross telecom was part of the trend the company approved a buyback program worth half a billion dollars. capital flight from russia is expected to double by the end of the air to seventy billion dollars the central bank says investors are leaving emerging nations i'm in clover economic uncertainty that performance is still expected to be better than in two thousand and eight one hundred thirty billion
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dollars left russia in the fourth quarter alone. what people are looking for why people are moving money out he's a general marker of certainty which is clearly the population and in that environment what you have and i think they're concerned about. the impact on the currency because a good sport a second wave or what i would call internal capital flight which is when the population would say it's really encouraged they will move to the stronger currency and in this case be hard currency so they will switch the rubles to dollars or euros to good thing for russia this time around us was the case in two thousand and nine of the ruble depreciated quite heavily is that you can do that within the banking system so we shouldn't expect the run of the banks but it will be around become see if this continues because people are very quick to move away from the currency in this case in the history books and that's all the update for you but don't forget you can always find more stories just log on to our website r t v dot com fascists.
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