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tv   [untitled]    November 2, 2011 4:01am-4:31am EDT

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peroration as r.t. jenna bush reports this time world leaders will find it tough to ignore the outcry . g twenty host from says it wants this summit on its picturesque mediterranean coast to reflect the importance of emerging nations in the world but this financial crisis deepens in both the u.s. and european union economists self interest behind that noble claim to involve more rising economies is really to try to convince those rising economies to put money on the table to the unsustainable currency union of europe in the first place developing countries which still the west quick to back civil unrest among their population they no see those same western countries coming down hold on public movements in the room backyard and she was crying double standards and the primary powers within the g twenty the united states germany britain france the real dominant economic and military powers they want to show a world order and
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a system of states that still has stability when in fact there is instability this summit is an attempt to put a shining face on what is really a failed system 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 so there's police really have mounted this military style operation to shut down and stop any of the protesters going where they don't want them to go one former diplomat says western leaders can't continue to just block criticism this whole idea that. they can simply ignore popular protests against what's happening could come back to bite the leaders of the g seven energy twenty summit this protest different from summits of the post was billed jims dicksee of the latest western bank to get bail dealt with public money growing numbers here worry there's something fundamentally wrong with the current setup we have basically a financial system where corporations and financial institutions are able to write
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themselves favorable legislation when. pro quo be a corporate lobbyist police roadblocks ball demonstrators getting from east to the nearby town of can with the g. twenty takes place but it's becoming ever harder to stop world leaders hearing the voices of protest the new bush to r.t. in nice france. the russian president will be among the leaders taking part in the french summit r.t. caught up with his aide aide arkady dvorkovich ahead of the event who tells us that he thinks it's important for leaders to have the chance to speak face to face here's a preview of the interview coming your way later in the hour. though this crane the . nation could face much more difficult consequences so financial turmoil that happened in two thousand and eight in your phone conversations too formal for those kinds of decisions especially given the differences in. the traditions in fuel.
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various nations let's take united states and china foreign conversations they need to talk to each other that ekta to reach some kind of compromise global issues. greece will hold a referendum on the latest e.u. bailout deal calls by the country's prime minister how god knew nineham a support from his cabinet george papandreou is announcement stunned european leaders it also came as a shock to the greek government with some members calling for him to step down last week euro zone leaders agreed to write off half of the greek debt and had athens more loans in exchange for more austerity cuts marko peter pollie a financial advisor at all round wealth management says if the greeks vote against the bailout deal it could signal the end of the eurozone. this may will finally bring it to a head i think the europeans have been patching things up and patching things up and it's now getting to to crunch point and the deal that was reached last thursday
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was was a nothing deal really because it doesn't address the fundamental issues that there is too much in the sovereign debt in the e.u. and it's unsustainable in my view the best the best option for the greeks is to default of course that there is much bigger financial consequences for. for the rest of europe and for the rest of the world if that happens but if we're talking about what is in the best interest of the greek people then then then as probably the best outcome effectively great defaults then you have to look at who actually owns the debt and that's principally owned by other sovereigns by the e.u. and by by the banks and pension funds and the consequences of that is that it would make the financial system the banking system much less stable and the worry is of the snowball effect and how they would fit the banks and then other european
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sovereigns and whether that would then lead to further defaults on a number of sovereign defaults at the same time. on our website r.t. dot com we're asking what you think lies behind the greek prime minister's surprise choice to hold a referendum on the belo deal here's how things stack up right now almost forty percent think the greek pm has made a why you step to let the population have their say about a third think the move is pure populism aimed at quelling the protests the rest are split between two other options whether the decision was a knife in the u.s. bad or obviously is of import happily with the tire. well with greece already neck deep in political and economic turmoil it seems that another crisis could be coming its way we report from athens where an immigration system is reaching a boiling point adding to the existing mood of austerity anger and desperation plus . and russia stocks have rebounded from their steepest today drop in the month as the you lead us prepared to tell greece has no will turn it into budget cuts
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imposed in the bailout plan more in business in ten minutes. but first the u.n. nuclear watchdog says it's discovered a secret facility in northwest syria matching the design of a uranium enrichment plant findings every suspicions that the syrian government's been trying to produce nuclear arms but there's no evidence the building that resembles a textile plant has ever been in operation situations led some experts to draw comparisons with the allegations that led to the occupation of iraq. here we go again the main feature for invading iraq with weapons of mass destruction well if i was president assad i would be rather wary about letting anyone state his in because the inspectors went into iraq for years on school i'm told that one of the top six was afraid to identifying defense installations in iraq ended and making sure the positions were in my second thought
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is this is a neighbor of syria still holds on to his lands the golan has bowl accounts a large the new armory. and the weapons to deliver the is over some thousands of miles it is ironic we should be talking about syria when the israeli nuclear. has never been inspected turning to libya where the newly elected prime minister says protecting human rights will be at the top of the government's agenda but the statement is in contrast as an activist claims that n t c fighters are terrorizing displaced residents of a coastal town once loyal to colonel gadhafi fred abrahams from human rights watch group says current atrocities are being downplayed by the libyan government and some nato countries. some places the violence is quite bad the town we looked out in was called and the militias from the neighboring town of misrata are
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terrorizing the people of to where they accuse them of having fought for qaddafi and you know the problem here is that the militias are not under the control of the political authorities the civilian authorities and that's the big challenge for libya going forward is bringing the many militias under a unified civilian command the problem is that the money militias hundreds of militias sometimes from just a neighborhood have many weapons now and they say look we fought we lost comrades in this battle and now we want to have a stake a seat at the table and bringing them under control will be difficult there's definitely a trend to say we did the right thing meaning nato governments they want to say that this was a successful operation so there is a tendency to downplay the conflicts and the tensions now but at the same time in our discussions with them of some of these governments they're taking them very
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seriously because they know that this will cause problems in the future they want them addressed now trying to support the more open minded and democratic minded forces within the new authorities and to move libya in the right direction so there is concern and i think that the governments are nervous about this these tensions the revenge and they're trying to take steps to to quell it.
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the verdict. of sexual misconduct. says they're politically motivated. the moments of truth is approaching the enough zones that he learns here at the high court on wednesday whether a judge will order him to be extradited to sweden to face questioning if a sexual assault how the case since that's only and the swedish prosecutor have vowed to take the case to the supremes courts if it does go to the supremes course it's like me that the entire basis that the european arrest warrant under which people can be extradited to all the e.u.
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countries to face questioning with very little evidence will be placed under scrutiny many in the u.k. would welcome that so if the judge rules out further appeals one of two things will happen i thought could be step three immediately off to eleven months living on district bail conditions pull his feet might not touch the ground he could be extradited to sweden within sixteen days only the way his life is under threat which he didn't crippling financial trouble and may be forced to close in the new year. we'll stay with us here on r.t. still to come india's revolutionary fighters move from the jungles to the cities. to mount argue that the arrival of multinational companies here is actually causing a further divide between rich and poor when you look at how a foreigner century long fight against the government indian communists are now ready to take up arms to combat globalization. but first
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israel's reportedly told its military to take any necessary action to stop rockets being fired from gaza the move could include a ground operation and comes after dozens of missiles were fired into the jewish state last week political blogger larry derfner thinks the attacks on israel come from minority groups that are out of hamas his control. there's not that much happening there aren't that many missiles or rockets falling in israel at all relatively speaking there's not that much happening in gaza. but the main thing is the people who are firing these missiles from gaza are not composites which is in control or relative or let's say the by default in control of gaza it's a relatively marginal group called islamic jihad jihad cannot fight israel unless unless hamas felt that an israeli invasion were imminent cama so far has never gone that far to say hamas itself will hold to a cease fire relative ceasefire but cama so far has not stopped these smaller
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groups from firing these rockets doesn't do that and with i don't see it doing that unless it was afraid of an imminent invasion. remember there is always more on our website archie dot com here's the stories of news and analysis a click away fighting for their rights former liquidators of the sure noble nuclear disaster by forcing their way into the ukrainian parliament protesting planned cuts to their benefits and. check out this mazing landing a plane carrying two hundred passengers belly flops on to a runway after the landing gear fails and the boy everybody walks away check out the full footage on r.t. dot com.
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it. will. read you the latest in science and technology from. the future of coverage greeks are set to vote for the e.u. bailout deal as soon as possible and as the country's economy teetering on the brink of collapse austerity hit public is struggling with poverty and unemployment now frustration also being taken out apparently on the immigrant population in the
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country as artie's sarah furthur ports from athens. on the streets of greece protests have become a common occurrence this gatherings not one of the usual demonstrations. ever gratian frightened of the ethnic tensions here in the city evident and becoming more and more of a concern if the last few years illegal immigration into europe increased in particular has skyrocketed the greek economy has plummeted the crisis led to unemployment poverty creasing to a lot of people not being able to make ends meet face to these tough economic conditions it's not just extreme factions a society that has seen a rise in the current sentiment but every day greeks he faced with exceptionally tough social circumstances have begun to point the finger of blame. on the problem on the streets of athens has now become
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a kind of limbo for illegal immigrants who are struggling to make money and to survive even second generation immigrants who've lived in the country many years feeling the tension we've come to one of greece's neighborhoods of the dangers a first high immigrant population the local park here has become its own mine a battleground. one that we had to close the port because it was overrun with immigrants no one could cross the call everybody was scared and no group of people could come here it was not a playground anymore. the children are now forced to play they gain sat outside the closed gates of the part of the best area with names dangerous say whether or not the threat israel the fair in this neighborhood certainly is it's definitely contrition issues a little yes people getting angry yes days an issue because it's a symbol of fear yet they believe they're thinking that the place is not good because of immigrants in many areas of the world these things after midnight after
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night not hours. don't look to god to be opened in the daylight to blow through the night but the close like the weather to bring it down to the reason that is the year the crisis continues ethnic tensions have been growing it into an extremely volatile and sometimes dangerous situation greece is a country now in the midst of not just a financial and economic crisis but an immigration crisis to that trying to find a way to rebuild say shook a he's in here is no easy south. athens turned out of some other stories making headlines across the globe a new york court will continue deliberations over the future of russian businessman victor boot accused of international arms trafficking the jury was expected to deliver avoided tuesday but the decision was postponed who was arrested in thailand in two thousand and eight after a sting operation by the u.s. and flown to america to face trial if guilty he could face life in prison.
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the condition of a cargo ship stranded on a new zealand reef for nearly a month has worsened as authorities say they're preparing for it to break apart crews have been in a nonstop start stop or race to remove all from the vessel to limit the amount of environmental damage or a thousand tons of oil was removed before bad weather halted efforts sunday the vessels are already spilled more than three hundred fifty tons into the sea affecting the coastline and devastating areas wildlife. supporters of the occupy oakland movement have rebuilt their camp in front of city hall in california and calling for a general strike demonstrators are planning to shut down one of the main u.s. shipping ports saying they'll also picket banks and businesses in the city this comes over week after police in riot gear tear gas to occupy oakland protesters activists across the u.s. say they will hold solidarity protests. a number of whole response across the u.s.
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are following the latest developments and keep you updated via twitter among other things in her latest tweets artie's lucy kaplan of describes how an occupy often occupy oakland protesters showed her rubber bullet wound saying that police fired at demonstrators which is something authorities are currently denied. finally in the news block urging change india's maoist rebel movement wants to force multinational companies out of the country blaming globalization for creating a widening wealth gap in the country as artie's pretty assured of the reports they are extreme views are starting to resonate with some of the more moderate indian public. these are the images people recognize when they think of india as maoist rebels for almost twenty five years the group has attempted to overthrow the government using violence and intimidation to turn india into a communist society in their eyes the government is not taking any interest in the indigenous people of rural india and has actually displaced the population from its
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mineral rich land for development projects the government has called the maoists the single biggest security threat to india and it's held them responsible for killing thousands of civilians. but far from the jungles of india a new maoist revolution is brewing the maoist argue that the arrival of multinational companies here is actually caused a further divide between rich and poor are they want to stay in india without the presence of quote unquote dominating western companies or everyone has access to basic right meet vorovoro the brains behind the uprising the highly educated man is in most senses the opposite of his counterparts in the jungle armed with a pen and paper and sitting in his relatively modern flat in hyderabad rao is seen as the intellectual leader of the maoists and a voice for a growing group of indians against globalization if the investment is from the.
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listed age and by the big companies and. the monday edition of the hyderabad is a symbol for many indians of the country's booming economy and presence on the global stage the city has the biggest microsoft research and development office outside the united states and is home to several major multinational groups i.t. firms and bio pharmaceutical companies and for many in the city the presence of foreign firms is welcome yeah providing us the opportunity and we wanted to get your duty large afghan india to that. it's been used by the m.n.c. but if they're not using a video it will be stared at boarding different obligations for me it's like a small market says big medium should deliver because of corporate companies educated people are getting more jobs they can earn more money within short periods of time with dignity but the maoists aren't convinced that modernization means
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a better quality of life for everyone those who did not get the fruits of this globalization the pin. and lundy they have been given to us have not addressed and tried to go there and so all of us including middle class was sitting idle while most indians aren't convinced that communism is the answer many agree that india needs to find a way to improve on its own ideas that here think that india has such a rich who do the sorts of minerals marketable. whom on science and technology has probably been human resources that we can produce and we not depend on him and he does the menses who need india while they watch the uprisings around the arab world they believe it's the sub continents turn to demand change preassure either r.t. hyderabad india you know is up next with business news stay with us here on r.t.
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. hello and a very warm welcome to your business update russian stock said gaining in early wednesday's trading but the global markets are on the razor's edge as the greek government supports the prime minister's call for a confidence vote and referendum for details are not going to buy archie's time barton who is at the r.t.s. office hello tell us the why the russian stocks are gaining. well the r.t.s. and. well the my six and r.c.s. indices have bounced back a little since yesterday but those gains are still very fragile that comes after all eyes are focused on greece the greek prime minister george papandreou and his cabinet decided yesterday to support a referendum on the issue of the euro bailout plan that offers one hundred billion
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euros in a loan and a write off or fifty percent of the debt owed to various banks in return for big government cuts mr poppy andrew says that he's had to put that to the greek people in order to secure as he puts it a clear mandate for that and that he meet will need the greek people to support him in order to make such measures work that has frightened international markets however sending shock waves throughout them the fear is that the greek people will say no and there is good indications that they will do just that which would make the whole crisis a lot lot worse there was a vote of confidence in the greek government on friday there was a real chance that they will lose that vote and that will bring down the greek government which may in turn precipitate a greek default on its debt e.u. ministers for their part have said that there is no alternative to the big cuts necessary to be made by greece however they themselves are staring in the face the
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possible collapse of the deal which is when they spend so long. how marine out which was supposed to put a line under the whole euro crisis that may well collapse if this referendum receives no uncertain. terms thank you very much for this indeed let's now have a look at those figures and we start with the markets in russia here in moscow stocks are extending early gains with both the arch off my sigs gaining and two percent a solid the song of a chuckle some of the individual show moves on the mice it's energy may just on the rise with gazprom up over two and a half percent the company's world subsidiary from next has resumed its operations in libya financial to up with russia's biggest lenders bear upon more than two percent in the black telecommunications major telecom is no exception it's the fortune that profit has plunged almost twenty nine percent just three hundred sixty million dollars. in europe stocks are also on the rise investors are still waiting
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for catalyst traders are keeping an eye on the u.s. which is about to release its latest poll is a statement be attributed to him is leading mining companies higher as the snapped a two day slight. let's have a look at the price of oil crude prices are higher despite worsening concerns about the euro zone and weak global economic data pointed to focus slowing lights we just straightening out run one to three dollars per barrel while grantors at one hundred ten dollars. well staying with the greek referendum called peter weston at a tone believes the country splaying with fire ants could get badly burnt. i think also agrees obviously with. the leadership now putting this to a referendum is playing with fire i think it's inevitable given the history of the measures and the unpopularity that you're seeing from the greek population i can't really blame them for doing what they're doing but it is playing with fire and we
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might have a solution to a crisis more quickly than otherwise expected across clearly these players have been there to prolong the inevitable default of greece right now their position is if you look at the opinion polls in greece they would vote no and battle probably mean a quicker move toward the towards a default whether that's a good solution or a bad solution is totally up to how they actually exit that brings you up to date more market analysis and less than one last time for you here on our city.
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those who are fascinated with history. to do those who have a sweet tooth. to those who can't live without the sky. and of course to the nature lovers this magnificent land offers its treasures. between earth and the sky. on our. culture is that so much a given to each musician as opposed to trying to hide from the market as tunisia goes so does the rest of the arab world tunisia successfully holds the first election of the arab spring with an islamic party.
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twelve thirty pm in moscow these iraqi headlines thousands of europeans occupy the french riviera where the g twenty summit student kicked off thursday crowds angry with the current dire economic situation demand world leaders focus on helping people rather than corporations. meanwhile the new leaders left stunned by the greek cabinets decision to hold a referendum on the latest ballo deal the move led to world markets plunge and predictions voters will reject the rescue package and may spark. euro zone's downfall. and at the moment of truth for the world's most famous whistleblower julian assange awaits the high court's decision on his extradition to sweden over controversial sexual misconduct charges this as his project wiki leaks faces financial troubles that could see the website shut down. the russian president's participating in the g. twenty summit due to happen this week in france r.t. sophie shevardnadze spoke with his aide arkady dvorkovich on what russia's.

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