tv [untitled] November 11, 2011 5:01am-5:31am EST
5:01 am
news twenty four. italy is rushing through painful austerity cuts two of the worst case scenario with the vote expected on friday approval by both houses of parliament will finally silvio berlusconi who promised to resign new laws are passed. e.u. regulations that forced its third largest economy to the brink. the italian brand. it's a country that. has. recently. stagnating is now the come the latest country to be dragged into the center of the crisis.
5:02 am
italy has a strong economy and could have. been sorry better than it is now italy could now face a similar fate these countries having to seek emergency parallels despite being one of the year isn't largest economy we're not greece we're not greece because we have a lot of savings we are not greece because we have been very prudent in this recession we haven't done big deficits in this recession might not be greece but with a mammoth that soaring borrowing costs just how did italy and in this situation right now nobody is spending nobody spending in all or all of europe consumers are not spending they are saving they're scared to death of what's going to happen meeting here is in demands to be. tougher forms it's been a large part of what's made with getting growth in the country so difficult hopes are now pinned on a new government being able to bring about positive change we have had too many
5:03 am
years of leadership that was not credible outside and very divisive inside i don't think it's only an italian problem i mean there's quite some support for saying that mr berlusconi was not able to deliver what he promised i think there might be a transfer some of your old with. him but that's not going to be enough. we need support from europe otherwise everybody on its own and that's the scariest part of the situation in italy right now do you think its biggest challenge yet it's unclear whether they like details of the peaceful and culturally united europe can survive the failure to adapt and to find its leadership at this point and they could be left in ruins. greece is already welcoming a new prime minister the former vice president of the european central bank. will be sworn in on friday brings two and days of political wrangling in athens as the
5:04 am
main party struggle to come to an agreement the new coalition government will have to vote for more austerity measures to release another portion of an all out otherwise greece warns it will go bankrupt within weeks political analyst. believes that the true nature of the deepening crisis is being hidden from public view. i think we have to turn the clock back to the original collapse of the world economy because this was no accident it was a very well planned exercise by the new world order have the ability to close down any company or any country at will and as we know ireland became a victim portugal and now greece and apparently spain and italy are likely to follow it really doesn't matter who's in power there are people controlling this situation the banks are involved who sometimes get unsecured loans and of course
5:05 am
the politicians themselves remember that they can take out any country financially or militarily that they want to take out this is a master plan of what i call the new world order their priorities are one to secure the world's natural resources their second is to control the markets for those resources and thirdly. to control the gateways the sea lanes and the pipeline routes when you have control of this you've basically got the world in the palm of your hand it controls the finances of the world controls the world and this is what we're looking at here. and i while there's a lot of despair among the austerity hit greeks one thing that might help people take their minds so that. one rises or not so that people will always demand their entertainment and the greek a football team with certain to try and help boost the morale of the entire nation in their friendly match against russia and we all know how passionate the greek
5:06 am
fans can be watching the entire build up in our sports bulletin coming your way in about forty forty five. with the debt crisis apparently here to stay world leaders have agreed they need to work faster to save the global economy so we spoke to the director general of the world trade organization out of a pascal lamy he says russia's long awaited membership in the w t o will help the revival well the economy is not in good shape but one of the ways to exit this situation which i recognize and we discussed the last week in the g twenty is not good one of the ways to move out of this crisis is to open more trade fight against protectionism and the fact that russia joins the visit very moment is also a symbol. of the value of this to that rule system of rules in
5:07 am
that it had economy growing including time which are difficult like the ones we are in in the world economy. europeans meantime are also setting their eyes on china as a source of cash to bail them out beijing's role in saving struggling western economies is actually something that peter lavelle debates with his guests on cross talk to be coming your way here when i see in the next hour. the chinese have been very hesitant because they see that the europeans just can't get their house in order they've created such a mess of their economies are nowhere near is cutting them strategic as china does and we've got to be clear that finding our moral hazard in keeping us behaving badly either in europe or the united states is not in china's long term best interest it's or we want to see the west continue to harm itself we really in the post given all the problems we have to talk top down to china and say what we've
5:08 am
decided scored and what we think is good and what you would do is. you can see crosstalk next hour in about twenty minutes from now nato may have ended its operations in libya but the western presence is far from over with big companies replacing the warplanes of the countries that bombed the oil rich country and are getting lucrative contracts to rebuild it laura smith now adds up the profits of war. first british bombs tourists apart now british companies will get paid to put it back together libya is open for business and you k. firms are being encouraged to join the gold rush the relatively wealthy country with oil reserves and i expect that there will be opportunities for british. companies to get involved in the reconstruction of libya philip hammond is urging
5:09 am
c.e.o.'s and sales directors to pack their suitcases and head to the north african country the u.k.'s bill for its part in the nato intervention in libya is estimated at just under five hundred million dollars but according to the u.k. department of trade and investment the value of contracts to rebuild libya in areas ranging from electricity and water supplies to health care and education could amount to puts of three hundred billion dollars over the next ten years and the british government will make sure it takes a leading role in that just as it did in the war and that's raising more questions about the u.k.'s motives in playing such a big role in the recent conflict john hillery of war on want says it has shades of post-war iraq when companies from countries involved in the allied invasion were awarded all the best gigs.
5:10 am
journalist john pilger says there was evidence of battering before nato even got involved. transitional council told the french. they would give thirty five in. the u.k. department for trade and investment already has staff on the ground in libya ready to welcome british companies. awarded contracts wanting to get in on the action shell and b.p. shares ruse on the news they were talking to the transitional government and generic firms and mark macdonald also reportedly keen but the latter refused to put up a spokesman when asked preferring instead to send basic statements which critics say is a new tactic to avoid defending their ethics it's better p.r.
5:11 am
for them not to be involved in any form of public discussion of why they're doing what they're doing around the world. to solve the conflict in libya it looks like an excellent investment hoth a billion dollars to oust a dictator with a return of three hundred billion in business contracts when it's all over now that humanitarian goals no longer need to be touted wall suddenly makes great business sense nor a smith party london. we are coming from the heart of moscow still to come for you this hour i will approach launched into a martial reaches destination or bottom out and hit the ground i would have a chance of saving a russian ambitious interplanetary mission after it was hit with serious technical problems. plus i do join our staff for our russia. our team and they're exploring how people on the black sea coast to devote their lives to saving animals from exploitation. the rule of the orange
5:12 am
coalition was a time of political fireworks in ukraine protests and clashes on the streets were matched by brawls inside parliament so when last year moderate centrist a victory in the corporate was elected to power people were hoping for calm but. reports the legacy might not be so easy to africa. history appears to be repeating itself in ukraine the left are the events of several years back on the right of just a few weeks ago but the two points in history united by people same belief that the government haven't been working in their favor. and for many it all started with this man viktor yushchenko fist fights in parliament street protests and destruction of gas supplies to europe were common in his era as president and it kept ukraine firmly in the headlines the world's media had been having many sleepless nights reporting on the rollercoaster events in the country back then
5:13 am
writer and journalist meeting if we didn't publish a book poking fun at all the major political players. there is times are extremely fun for the media the regime used the media is a drug for society but if you do so you have to braise the do see every year it was fun to watch when the temperature rises in politics but for society it's. there's a limit to all this wildness to which society goes mad to be with you should we surely reach this goal. many now say it was the mass of you should get scared and see which helped you which sweep to power and many felt his arrival would become a breath of fresh air centralizing the power instead of the economy were victims of its first priorities when he became president of ukraine for more than a year it had been relatively quiet here but the case of former prime minister yulia timoshenko fourteen months of which is presidency propelled ukraine back into the global headlines the culmination of her trial for exceeding her authority while
5:14 am
prime minister shocked many hardly anyone expected to go to land such a big sentence seven years behind bars. i want to point out that stalinist times where there repressions returns to ukraine with this verdict i'm appealing to all the patriots of ukraine defend ukraine from an authoritarian regime. while the so-called joint of arc of ukrainian politics traveling inside the courtroom her seething supporters clashed with police. stormed the parliament demanding a raise through their ridiculously low pensions they demolished everything in their path attacking the police with blunt weapons growing social unrest scared the country's president. agencies to me that people are buying fire and planning attacks nationwide people have completely lost. experts
5:15 am
say ukraine may again quiet down for a while but with the euro. and a crucial parliamentary election looming the temperature of scandal will most certainly be rising again next year. r.t. reporting from kiev ukraine. now a quarter past the hour here in the russian capital you can always or. many more. right now a look at why today is quite literally one hundred giving birth to get married. and you need to know about the date. up for grabs the dress. you'll have to pay to dress up.
5:16 am
in about seven minutes time. russian space experts are battling to fix a technical failure on board an planetary. station that was heading to the martian moon for a boss and the aim of the probe launched on wednesday was to get a better knowledge of how the universe evolved but there are fears the vehicle could crash back to earth having never reached its goal is pretty all about explores the potential dangers at the moment the theories around which probably what problem has caused the probe to be stuck in all this around the earth after its takeoff split into two camps whether it's a problem with the software of the probe or a problem with the hardware of the probe now it's a problem with the software that's something that potentially can be fixed now one theory that's been put forward is that it's
5:17 am
a problem with the navigation system of the probe these type of probes when they're launched initially use the sun as their main focus point for navigation and then that navigation system switches over towards the stars now they some people believe that this probe has failed in switching from the sun to the stars and if they can send a software patch and upload that to the the probe it should be able to go about its mission just a few days late now the big problems come in the rise if it turns out to be a problem with the hardware the focus probe contains seven tons of highly toxic fuel because this fear was intended on sending it from the earth to the moon or mars and then back to earth one nasa expert is referred to the focus probe as the most toxic falling satellite ever so this is a problem that off course most of the russian space agency are facing that they may have to come up with some kind of contingency plan to deal with
5:18 am
a potentially toxic problem caused by the fuel that's on board this probe to make sure that it poses no threat to us here on earth. now let's get some other headlines on our from around the world time for the world update here an artsy u.s. army soldier convicted of slaughtering three afghan civilians for sport as an army sentenced to life the jury has however decided the staff sergeant calvin gibbs will be eligible for parole after serving ten years in prison the twenty six year old was the highest ranking of five soldiers charged over the deaths of the unarmed men during patrols in kandahar province early last year. security cameras in the turkish city of van have captured the dramatic moments when a five point seven magnitude earthquake struck on when so you can see right here as the tremor hit you can see the lights go dark people running from buildings as gigantic clouds of smoke overtake the streets at least ten were killed when two
5:19 am
hotels collapsed so far twenty eight have been pulled from the rubble alive the same turkish province suffered through another deadly earthquake last month that one had a death toll of six hundred. twenty minutes past time now to delve deeper into the world's biggest country in our russia close ups here. and today it's back to the black sea coast and the people there doing their bit to protect the planet from the art of recycling to rescuing wildlife and discovered how the environment is being looked after. only you only have new need to find construction materials.
5:20 am
now a bit of paint in l. turn this bottle into something beautiful. some critics might call nina's art complete rubbish and they'd be totally right everything you see in her gallery is made from little motion emotions aside as we are covering our living space with litter i need to have contributed to is good for me to use this waste creatively. her friend alexei provides some creative accompaniment also using rubbish as instruments but was up when i started with just one barrel i was invited to a festival before i even had time to work on my instruments so i just experimented and just walk around listening to things and what sound they can make nina collects her rubbish from the coastline the winter and spring storms bring her greatest harvest there has i come to the seashore every day no matter whether weather or the
5:21 am
time of year it's all the same to me recreation inspiration conservation but it's not just pieces of rubbish but got a second life one month old lee and the hair has just been rescued from captivity but she'll have to spend the rest of her life here recovering of a special center where as nina rescues pieces of rubbish the staff at this park rescue far more vulnerable things most of these animals were formally kept by street photographers who let people pose with them for money. they are kept on drugs so they remain tranquil have their teeth pulled out so they can't hurt people and starved so they remain small this is the third go with me if we take circus bears who have finished their usual life it's not a secret that they could well be made into sausages many of the animals we receive we just can't save they've been treated as just a commodity. big cats like rameses lord arthur and homer here make up
5:22 am
most of the parts residence there isn't the money to give them as much space as they would have in the wild but at least here they have some exercise a good diet and the veterinary care they so often need there is a lot in here the clerk workers try to do something to save the situation so do i try to save the earth from the savagery of people so we are colleagues really. from plastic bottles to lion cubs saving the planet can come in many shapes and sizes here on the black sea coast they might be rubbish to some but not to everyone. tom barton marty. adorable ok time now for the business news with korea. her welcome top as the south thanks for joining me russia's long wait to become the
5:23 am
member of a world trade organization is nearly over barring of here technical issues that still need ironing out the wards of the largest economy outside the w.t.r. or finally be in the club what changes all this playing out is like a question explains. after almost two decades of trying many wonder if russia really needs a w t o you could even say it's managed quite well without it realistically though it will have many benefits for foreign manufacturers wanting to sell their goods in russia let's have a quick look now on average import tariffs will be at seven point eight percent that's compared with the current ten percent break that down and you'll see an import duty on agricultural goods dropped from thirteen point two percent to ten point eight percent now import tariffs for already many fractured goods will also drop by almost a quarter to seven point three percent now about a third of all judy's will be reduced the moment russia and says the double.
5:24 am
another quarter of the cuts will come within three years with only poultry motor cars helicopters and civil aircraft requiring longer this means it will be easier and cheaper for foreign companies and goods to enter russia's one hundred fourteen million strong consumer market in addition to tear of cuts russia's also agree its removal limitations on foreign involvement in industries like telecommunications and insurance but most importantly accession to the double cio will ultimately give russia the much needed competition boost which could finally put an end to runaway inflation and years lovers of all acute economists from deutsche bank russia believes accession to the world trade organization will trigger a change in economic policy making in the country. one of the key changes will be. emphasis on liberalisation less state intervention as the guiding
5:25 am
principle of policy making and i think another of paradigm is going to be a change in the way russia pursues its foreign policy because previously say in the past ten years one of the instruments that russia used was preferences in terms of well what will prices i think the new paradigm will be free trade agreements across the globe whether in europe or in asia but this is going to be possible only after russia becomes an equal player on the level a level playing field together with other members of the w t o. president dmitry medvedev says russia's economy is in a stable position compared to other g. twenty nations he made the statement while visiting the far eastern city of. supports the. economic situation in our country looks better than in many european countries disappoint recent difficulties we have managed to achieve fairly rapid
5:26 am
g.d.p. growth this year it will reach full to four hundred percent while in europe and the us g.d.p. growth zero to one percent this year we will also have the lowest inflation in the last twenty years with around seven percent but i cannot say we are protected from danger we need to cut all dependence on fluctuations in commodity prices and develop the industrial sector. looking at the markets now markets are rising across europe tracking down gains on wall street and asia stocks in london a higher level by banks products company group of two point eight percent of boys banking group is to a half percent in the black some resources stocks all the wise as well on higher crude oil futures and precious metals of the downside though energy group b.g. group and mine are real tinto sharing one point eight one percent respectively. but here in moscow markets have reversed for any games that are trading in the red . the why is a clump of losing over one percent here's
5:27 am
a look at some of the individual shambles on the minds of energy majors in banking stocks are lower all djerassi have to stop being two percent of the t.v. is also over one and a half one point three percent in the back in the red sorry bucking the trend is the metal gaining momentum on higher call. rushes heavyweights car maker after hours is moving into kazakhstan the company has agreed to launch full cycle production with local coffee. it will take one year to design the plant and another to build in four years ninety thousand cars. it's hoped that the project will meet the growing demand for cheap cars and russia and central asia companies say the project will require half a billion dollars in the best. so i have for you this hour but stay with us for headline news coming up right after this.
5:28 am
5:29 am
it's a conflict of interest today an average cancer drug prescription costs nearly one thousand six hundred dollars a month oh my god nobody with cancer in my five therefore i protect. because ninety to ninety five percent of cancers curt's people with health funding history of cancer the pharmaceutical industry spends about fourteen percent of their budget on research and development and about thirty one percent for marketing and administration. in fact there are more pharmaceutical industry lobbyists in washington d.c. than members of congress.
27 Views
Uploaded by TV Archive on