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tv   [untitled]    November 10, 2011 1:00am-1:30am EST

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i would consider to be slim which will be entirely true with certainly taught you will the future a good international floods achieve every green goal for children in tow. trucks is almost two decades long odyssey into the world trade organization is close to a man as moscow overcomes the last hurdle to accession by sealing a crucial agreement with georgia. italy's borrowing costs hit a record high grading world markets down in sparking fears that still always promise resignation won't keep the euro zone's third largest economy from collapse . also western powers push for fresh sanctions against iran following the latest report on its alleged nuclear ambitions but russia rejects the idea is counterproductive. and artie's closer team travels to the black sea coast to
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discover how the local girl made products are being made and why getting them on to dinner tables it's proving difficult. and the russian capital you're watching r t i'm marina joshie welcome to the program was the end of a long journey for russia a commission in geneva is set to clear all the remaining hurdles for moscow's a long awaited membership to the world trade organization comes after russia and georgia finally reached an agreement on regulating customs borders with the breakaway republics of south the city and artist laura smith has more from geneva. this could be the end of an eighteen year process the last big hurdle to russia joining the world trade organization has been successfully negotiated on wednesday
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russia accepted a trade deal with georgia the agreement signed here in geneva allows the monitoring of all cross borders trade between the two countries including the russian pact south ossetia and abkhazia by a private company with that the last of george's objections to russia joining the w c o has been dealt with barring any last minute deal relman to it analysts say are always possible but unlikely the package of documents on russia's extension could be approved by a working group on thursday or friday with membership formalized in december russia's accession will be the biggest step towards liberalizing trade around the world since china joined the w t o around ten years ago panelists say any clear indication of a deal could boost the russian stock market by five percent providing a base of relief from eurozone uncertainty and the world bank says she could boost
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the size of russia's economy by more than three percent in the medium term and eleven percent in the long term. as our correspondent laura smith reporting there while some businesses are celebrating the accession others are preparing for a tough period after hans asian art is a country and a child has more on why it will change and russia's economy once a file he joins the club. the only major market and g. twenty member still outside the world's largest economic club is russia and membership is eagerly anticipated not only by moscow but internationally but foreign investors especially those in our case who come from the european union are you still working on the body to. the person on the street w t l membership will not be just something bill read about in the news but it will mean lower prices removing trade barriers between states increases competition prices of imported goods drop and the master companies also broke quicker with foreign markets opening up. the workers of these metallurgical company it only
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looks like a win win situation their most recent project is a north stream pipeline should the international markets will face very little competition. and this is raw say much largest plant in russia south producing harvested russia it's want to disprove for months ahead and workers who conspire. but the head of the company has a rather different outlook to that of the w g o cheerleaders. oil and gas will be in demand even without entering the well agriculture will come. and work culture will be among the hardest hit sectors but experts say the domestic what's the motive industry will be the one time to go most that he will. travel more to john vause was rescued from the brink of death in the economic
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crisis of two thousand and eight i promise to put in more than one billion dollars in loans cash and guarantees. i think that's the government's favorite child but not all car makers in russia are cherished this used to be a riving want of must reach open the nineteen thirty most successful years what if it isn't six or hundreds of thousands of must reach cars why did the soviet and foreign markets after the collapse of the soviet union creature was in desperate need of money the government could not afford to loss making copper and last resort out. the only way to avoid the collapse of yet another industrial giant experts say is to use the transition period after joining the w to wisely closely entry to the w t doesn't mean you instantly have to drop all customs and comply straight away
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transit transition period roughly. the fine for a number of sensitive industries which you. keep such is the culture and making but in a certain point the space industrial countries have to live. and work on their own feet in the world outside the bat should be a somewhat easier place to do business with a reduction of tariffs and trade barriers to a more level playing field across international markets. aren't. well we are always easier to know your take on a story and today we're asking who will benefit the most once russia is finally a member of the world trade organization and this is how the opinions divided so far the majority owners have a large viewers think nobody will win in this situation as the organization only adds to the big financial mess the world is already in it's equal between those who
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believe that hospitals etc will play into the w t o's hands and that russia will suffer rather than benefit because it will be able to pole was the competition finally only fifteen percent of you say the w t o membership is actually good for russia as it will boost its role in the global economy so let us know what you think on the issue dot com. i will be more news and opinion of course throughout the day as the working group session in geneva on folds plus. ams the question is likely to dominate volatility on the markets today a rough open breaker this morning after u.s. equities lost there were three have said on wednesday following poor performance asia will have a full view of the market's performance in the us and president it's time for.
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prime minister silvio berlusconi is facing his last few days in office as italy moves closer to the financial brink as bond rates hit emergency levels close to the level which forest greece portugal and ireland to ask for an e.u. bailout that sparked haneke in global markets and it fears berlusconi successor won't be able to prevent the euro zone's third a largest economy from sinking r.t. sara for three ports. but he's seen a series in crisis develop an unprecedented race and it's least being the latest country that has been sucked into the death spiral from which that might be david. bean is boring paul's hard seven this and most that puts it in extremely dangerous territory now that's because most of that seven percent is the trigger point at which we saw countries such as ireland portugal in greece come to see an emergency from the usa and the i.m.f. those who say the point at which investors start looking at the countries that with
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the big that's in this league think that perhaps there is a possibility because you won't be able to pay what it would be disastrous for a country with a big debt italy coming in france at about one point eight trillion here has to be a major problem though and this is the rule so you're going to be looking at whether the year is in has the resources to then learn to speak in the eventually it's a bit of the other lenders to open up the moment that support is simply not in place a big. usa need is wanted to have that isn't ready because simply isn't there or not could really free a major problem prime minister berlusconi has said that he says he's going to be resigning he's not putting himself or that he actually felt quite relieved by that that was very very clear right now in the country is the how and when the new government is going to be pulled is not going to provide a quick fix to the financial problems in the country so our first reporting their
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policies are mostly responsible for it all these economic problems and that's a view of policy a development specialist power phone. in fact the problem of usually is of course the debt but the major one is no growth the absence of growth which is imposed by the policies at european level and most of the german decisions of how to handle the money three union this is causing a total of balance in the country i think we are edging towards a very dangerous area which is that of the us trades of the high spread with the german bones which of course will look create an impossible situation in the stock market effect of this will be the collapse of the system but this will create a couse in the country instead of a solution. italy may now be seen as the greatest threat to the eurozone but
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crisis veteran greece is still in turmoil three days of power sharing talks have so far failed to yield a result and it's still not clear who will be the next prime minister the new government will have to pass a new bailout plan which is necessary to get the latest a billion euro loan euro zone is demanding that the two main parties sign a letter backing the dad deal but the opposition says there is no need for a written pledge taksin a new prime minister and cabinet will resume on thursday with a new financial troubles now closer to be resolved max kaiser and stacy herbert provide their own latest take on the situation in the kaiser report that's coming up next hour. here's a fifty euro roll of toilet currency all of your fifty euro toilet paper currency will soon be about as valuable as this toilet paper except this is all available nightly prints of this beautiful display case that you can show in your nose and
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tell your kids all about what happened in europe. the u.n. atomic watchdogs latest report on iran's alleged nuclear ambitions has split the international community that i.a.e.a. offers no definitive proof terrorizes actually pursuing a bomb but it's finding still prompted several countries to call for fresh sanctions that idea has already been rejected by russia who says sanctions might be used to force regime change in iran are these going to count takes a walk. washington and european some european leaders would ideally want to impose crippling economic sense sanctions that would further isolate iran but we know that two of the permanent members of the un security council that is russia and china have made it clear that they don't want to cripple the reigning economy and it is a further isolating iran would be counterproductive and instead russia put forward
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an offer which is still on the table and that is for iran to fully cooperate on inspections and to prove that what they say about the civilian purpose of their nuclear research is true and is not a cover up for or for a weapons program and in return the international community would be ready to consider lifting sanctions and that's the offer which is still standing iran says they won't back off from developing nuclear technologies tensions are really high israel was hinting that the they're gearing towards preemptive towards a preemptive strike washington say all options are on the table but despite tough rhetoric coming from both israel and the u.s. many agree that washington in tel aviv are most likely to use the record as political leverage to try and isolate iran and possibly to put a dent you know in flourishing economic relations with china the u.n. nuclear watchdog report itself does not reveal a smoking gun but it sure hyped up fears that your rank continues research on
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nuclear weapons the agency says its report is based on intelligence gathered by a number of countries including the united states but the u.s. intelligence has a history of presenting false evidence back in two thousand and three to make a case for the war in iraq it presented evidence that seemed so very solid at the time but turned out to be a hoax but question many now ask is could the u.s. atomic watchdog group or serve as a justification to start a war with iran but security experts say the consequences to such action would be catastrophic. anish reporting there iranian basser to the international atomic energy agency has told r.t. iran is as transparent as any country can be calling the latest report on its nuclear program politicized these two parties are not professional and not bad with political motivation and under political pressure by u.s. and couple of the western countries this report has an addict stuff in pages of the
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allegations and the materials which were handed over only last week to us in the confirmation mann air temp ages of the report of director general which says that all activities including a return are continuously on there to safeguard inspection the only second part which is the n.a.s. is about the american allegation the important thing is that we are party to n.p.t. all activities are on there. and even. that shark shortly is either analyses fiction this is great and we two months ago invited the pretty director general of i.a.e.a. can even visit our india of st if you don't reach him and can you give me any example that any inspector being permitted to any sense in any other part of the work and paul craig roberts who worked in ronald reagan's administration believes the purpose of the i.a.e.a. report dissipate away for
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a long planned military strike against iran. which doesn't really say there's no we're going to. end up. with ground as they did with. for a military attack based on nothing and fact the reports yes there's no evidence of any diversion of any nuclear material there's some sort of hype about they're working on a trigger for a nuclear bomb but everyone knows iran can not enrich uranium to the extent necessary to make a bomb they even said they won't even enrich uranium to the stage to use for medical isotopes they're willing to have that done outside the country it's the americans who block that deal so so they've really done nothing there a is it done nothing. and the americans are continuing to try i
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mean washington of course is to create a pretext for a military attack on iran is part of the neo conservative agenda it's been a part of the agenda for what now more than what it does in years. well we can all gone to our website archita kashyap plenty more stories including students taking to the streets of london on bass to fight funding cuts soaring tuition fees face a wall of police. also not an attack or group vows its next started will be the muslim brotherhood website find out. why they say they're going to town. in northern ca so nato peacekeepers have fired tear gas at ethnic serbs to seize one of their barricades set up months ago in an ongoing border dispute but the gains were short lived after
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a new road block was put out nearby fresh shafik violence flared up soon after the incident with at least three months or injured in a shootout with local people means political analyst alexander pottage believes there is a bigger picture behind me actions. than doing it for years now and they've broken their mandate actually they're doing the job of being in control government and prishtina they're doing it openly in spite of their mandate from the un which is supposed to be a peacekeeping mandate to keep to the warring sides separated this is an aggressive show of force a real thing like an occupier it's that. they're behind the crisis in greece they're behind the crisis in iran we're seeing right now is the slowing of the new world disorder and serbia is one of the flashpoints. now let's take a look at some other stories from around the world an earthquake has hit eastern
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turkey killing at least seven people and leaving scores trapped under rubble about twenty people however have been pulled from the debris the early rescue efforts dozens of buildings collapsed in the city of van as the tremor of measuring five point seven magnitude struck it comes only a fortnight after and no other quake in the same region killed at least six hundred leaving mannie more homeless. us we some right here have clashed with student protesters have a university of california berkeley after they refused to dismantle their camp council were erected for following a march against jewish and the racist for students and several activist how been arrested and some claim to have been beaten up by police with the times the rally is part of the occupy wall street movement against economic inequality that's been sweeping the u.s. for weeks. some arab leaders are reportedly offering stalin to syrian president
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bashar lhasa to ease his departure from power that's according to a senior u.s. official although he did not identify the countries that had offered to take aso then it comes a day after activist groups claimed around town people were killed across syria by security forces in the latest crackdown but syria's deputy foreign minister has told r.t. the truth trigger for a protest are terrorist organizations outside the country. those who are provoking these developments want syria to go through its civil war particularly when you correctly define those forces i'll tell you what religious extremists are so live from the drug traffickers and the smoke moves they have beautiful with up to the technology of communication. by the with north forces
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from outside syria the use of those smuggled into syria to encourage people to disturb the peace in the country and not to mention victims of thousands of weapons that have been smuggled in the into the come three from here from libya from iraq and all come through. well time now to explore and now the corner of the world's biggest country in our russia close up series. to russia's black sea coast isn't famed across the globe for its gourmet dying yet some pioneers are trying to put the region on the world food map tom gardner went to see a local farmer's struggle to get their delicacies on the russian as well as the global market. treats from russia's coast but these look three
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producers are struggling to find a market this is the only muslim farm in the area just of the black sea coast it's run by scientists to study the region's marine life back in the u.s.s.r. . that when you were thrown out that was when the country collapsed science collapsed we were fired from our jobs in america research center. growing muscles and oysters so we approached a company and arrange for a million roubles for a start up it's a risky business with a storm capable of ruining a year's work but without any major setbacks they can harvest twenty tons of mussels a year the problem then is trying to sell them. even on the black sea coast this is not ordinary food only the last two decades of russian started travelling abroad and seeing foreign menus so they started asking for more mussels nozzles an oyster as are currently very popular in russia in fact the efforts of these guys are
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unique here but the hoping to grow markets without underwater bounty not the only one hoping for a place on russian dinner tables. but this has been yard and tourist center in land yanis and his family have been farming for decades he's of greek descent and helped his father establish the farm recently he decided to try and make wine here kids believe we need three years to establish the vine in five years for a good product in a few years and i hope we can produce great russian wine. the comet and weather a good for great brain here but younis is hesitant to try and make this into a proper business and corruption is putting him off yes mark your i look least like an artist painting a picture of him i wanted a serious business i'd be too scared of corrupt officials taking it from me where they were but with a creative approach are not scared people in authority are the ones who should be
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kept from power they do not respect our citizens janish complains there's a license to sell his wine costs one and a half million dollars far too much for a small producer like himself this also prevents a good wine industry from developing here but he still loves the region and hasn't given up hope of making it up to almost three years there are some good great growing areas in russia this is a favorable area so if your thirties don't interfere we can promote our brand and prove ours is as good as any french wine. at the moment you have to look carefully to find local wine and mustn't produces on russia's black sea coast but who knows within a few years this region could become a center for gourmet russian dining tom barton r.t. . brings us out today here on r.t. and business is is next with kareena.
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thank you very welcome to business with a clear americana good to have you with this hour the moment of truth is almost here for russia to join the world trade organization success and to the card will open new opportunities for foreign business in a country the less to companies who face tougher competition have across we've heard from crocodile and says the most changes are not like it's a couple. i think some industries would love to see face competition immediately. abstention services insurance companies and other financial services companies would be able to establish fully own domestic subsidiaries and they're expecting to come in fairly quickly on the other hand if we could down say to some of the consumer circulars and scrap cement factory in particular the older sector where prime minister putin is already said to be looking for a grace period to allow russian companies to adapt and to improve to be get ready for competition but i would expect russia will be looking for something similar maybe a five or six year lead in period for some of these industries. asian markets drop
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on thursday tracking steeples in the u.s. when markets plunged more than three percent investors were dumping stocks up to a certain italian borrowing costs japan's nikkei is dropping more than two and a half percent at all costs and sank is losing nearly forty percent the national front exporters among the hardest hit throughout asia among major exporters toshiba lost over five percent in japan panasonic fell four point eight percent and here in moscow markets are extending wednesday's losses in early trading following cold performance in the us than asia both the r.t.s. and my six are losing more than one and a half percent. was trading near a two day low as investors speculate that recent gains were exaggerated prices a little changed after dropping for the first time in six days on wednesday concerns about iran's nuclear plans are still giving some support however parking lot that they came from plants believe channels that the banks. if we
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detach ourselves from day to day price more i think there are some of the trends that are a lot larger than the rainy and closer those larger trends are of the slowdown that it's occurring in europe the rising concerns about the ability by major governments in europe to fund their own going. on the likelihood. so no one able to meet those obligations so on a net basis i think there's going to park boil consumption and slow down the u.s. so much that actually is worse impression in the middle east could also potentially be seen as negative rather than us i suppose the development in prices so i've been on the whole right now we are looking down the road. italians hard drive pirelli plans to invest more than four hundred million euros that goes
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to its presence and the company says it aims to become the country's second largest tire producer and when around twenty percent of the market in several years really has agreed to buy two big plants in the european part of russia it wants to improve capacity to around ten million units a year currently the company has less than two percent of the russian much. well that's all for now but stay with us for had lightning is coming up next. because. you.
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feel. the limited to. just see the to. feed. the birds.

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