tv [untitled] November 14, 2011 4:00am-4:30am EST
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ok renaissance hotel ok rules we take from pacific silver missiles and. in this room look he's available in some hotel to a period some of her children recently. played a summit of pacific powers in hawaii opens a financial can of worms between the world's two biggest economies. a new twist in the currency wars between the u.s. and china as washington calls on bingeing to start playing by the rules but china is calling its own shots we bring you all the latest details from honolulu just ahead in the program. syria seeks to reverse the arab league's decision just a span of from the organization of it growing antares ebro task which some believe are concert from abroad. and blasting into orbit a crew of three have still the international space station is the first launch since a similar rocket carrying out man supply craft crashed back to earth. in business
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out speak up saw is russia's take the country wants to invest in the liquefied natural gas project more on this in twenty minutes. watching r.t. coming to live from moscow one pm here on marina joshie as a gathering out of the pacific reams political and economic heavy weights winds down in hawaii it's the latest rift between the globe's two centers on financial influence which is dominating the u.s. has been criticizing china for its trade and currency practices and as artie's and as a future king are reports the fact that next year a summit is taking place in russia could help solve some of the biggest sticking points. it looks like a new cloudy chapter in the book of currency wars between the united states and china has certainly been opened here at the apec summit in honolulu as barack obama
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is seen really mounting pressure at home to create more jobs and take a stop a tougher stance on china he has been saying here in honolulu that it's time for china to start playing by the rules of us currently doesn't have a lot of leverage when it comes to dealing with china as china of course is the largest foreign creditor for the united states holding over one trillion dollars in u.s. debt russia is pretty excited to host the apec summit next year in the far eastern city of logical basically russia is not only just geographically very well strategically placed for the asia pacific. gathering and this big economic group because of the where it is on the world map it's really convenient in terms of reaching the goals of the group in terms of trade investment so on and so forth it's also traditionally been a big mediator when it comes to certain misunderstandings between world players so this is certainly a good role that russia can play when it comes to continuing to develop the goals
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of the apec gathering and of course last but not least you know russians accession to the world trade organization is something that the russian federation has been ready for for quite some time for almost a decade so certainly it's been ready to go this entire time so what better time than now to really spearhead this gathering next year as a full fledged member of the w t o and a situation every forty near by this year the u.s. and china continue to line competing economic programs hu jintao insisted on more influence for beijing as a growing power while obama zeroed in on china's trading decisions. explains the differences that have filed out between the two. if there is any view a state where the occupy movement has little chance it's probably hard by despite the high concentration of politicians and go through a big week socializing at the apec summit the only place people are willing to alki party here on mass at the beach is with one exception these protesters are against greed and social injustice they're against economic inequality and they are against
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china. the mood at the podium was soon a little hostile i think we can benefit from frayed with china and i was certainly to continue cultivating. the constructive relationship with the triune his government but we're going to continue to be firm in insisting that they operate by the same rules that. everybody else upwards of his political opponents were even in the later and happen to think that the. communist chinese go. and. heap of history if they do not change their virtues we have to have china understand that like everybody else in the world stage there to play by the rules rules rules and again rules as a country that's been ruling the roost for decades the united states has never been
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shy of policing authors but as china's g.d.p. continues adding nine percent a year against it and a half percent growth in the u.s. the reprimand seems to be in china. conformities one of the top ballet you think the chinese the overall also reflected in the country's political and economic policy that's not china played by the rules the factually quite the opposite but the united states seems to have an issue with is that increasingly china rule that the privilege washington would prefer to keep it for. as the us president hailed his new free trade asia pacific pact as a win win to trade in the region some in china took it as a predator effort to change rules. treaty to be. in the eyes of the beholder. it's true for you the protection provided that i get. my precious. industries.
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so it's always a dilemma. as the euro crisis continues metastasizing throughout the world and china is asked to shoulder the load many analysts say the west should keep in mind its old adage about he who pays the piper china is really in the driver's seat in many respects and this is coming at an awkward time for the united states because the united states is clearly a declining power at the same time and is having trouble adjusting to what that means many chinese proverbs are difficult to translate into english if those about money usually have exact equivalence. one of them is money makes the world go round the concept experientially familiar to washington and progressive. it's not like the arts at the apec summit in honolulu. and i spoke to professor john deere from the chinese university of hong kong he told me political reasons in the u.s.
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are driving washington's criticism of beijing it created difficulties and for the u.s. to raise employment rates. the current the difficulties of the u.s. government in creating jobs the fact that the u.s. has lost the comparative comparative advantage of most of the traditional manufacturing industry so you hear china reduced its exports to the u.s. increasing its the other low wage emerging market countries to quit a staff even to replace china so these kind of debate i think the chinese leaders are quite clear. holding the chinese interest the national interest the u.s. the presidential election is approaching. the case of the chinese economy and they can use the currency is used as a. scapegoat for us in difficult economic if you again saw it recently
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that's why i'm in the us this hearing is figuring out again. he's a pacific leaders in hawaii were also looking to shield themselves from the fallout in the euro zone the later we see whether government changes in the e.u. will provide protection. technocrat governments are taking over in debt ridden greece and italy but critics say they'll be better able to serve the interests of brussels. and you're in the army now well although it's tough military like discipline looks set to be introduced in some u.k. schools but will it make the under rule we use for fic we behave we investigate. syria has called an emergency meeting of the arab league in an attempt to reverse the decision which saw it suspended from the organization the freeze on the country's membership and accompanying sanctions received wide support from the e.u. and the us and i will going to georgia of member states voted for the measured to urge president bush on the last of the stop eight months of violence it triggered
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new protests and attacks on the turkish french and saudi arabian embassies in damascus dozens more people have reportedly been killed across the country in the latest wave of crackdowns on anti-government protests had of russia's orthodox church has paid a visit to the war torn country and other efforts to bring in a chance to the bloodshed but author and journalist option written see things the conflict in syria is being fueled from abroad and could drag on for some time. many syrian soldiers have died in the conflict they don't normally report here they just say it's billions where are they getting the weapons from lockheed martin exhibiting in the dubai air fare said profits are up place of profits are very good in the middle east at the moment what i think i fear and what many analysts may be fearing at the moment is that a saudi backed proxy war will continue and there will be an insurgency that is fighting in syria against the assad government and will continue to cause instability in syria and beyond and this will be
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a sort of slow burn phenomenon with the united states and europe taking a kind of backseat we mustn't also forget the turkey has been actively involved in the even told us diplomatic staff and as i understand it is advise in its own citizens to leave syria and turkey is playing a game here too and the media is playing a massive game because ours television station al-jazeera very obviously one thing the four of us out at the moment the western media to and it's all change for europe as technocrat governments take over in greece and italy in rome there for my e.u. commissioner mario monti starts talks to form a new cabinet to tackle the country's huge debt argue sarah firth explores whether the new unelected leaders can do a better job than the old crew. it was never going to be easy put it this sought to unite europe seventeen countries of which you know on the one currency from the very beginning attracted fierce criticism we miss the beginning of
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a dishonest and downright dangerous german president. to revive the constitution but to do it in such a way that you would have avoided referendums in key member states some might now be wishing they'd heeded the warnings one after another the member states begin to work all its least in the latest country to come under scrutiny we have been witnessing in the last one was. growing pressure from europe and i'm talking in particular from france and germany hardly the u.k. certainly the european parliament and the commission is going to start quite as a safe scene the leaders of greece and italy replaced by people who were never elected to office he made their way around brussels here it is totally with berlusconi now gone doesn't. paying for reforms now need to be implemented to meet tough. for the first time since the quizes began talks have now begun to turn to
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the possibility of exit from the year or the creation of the cool europe countries like germany seem to be leading the way but i think it's not in the best interest of the germans to keep on going with this i think you know over here where you have behaved badly we're going to punish that's not a union in the united states of america if they behaved badly imagine packs of behaving badly and you think obama is going to we're going to kick you out of united states of america no they're not going to be calling stenson a bad year and greeted a good year a great has not gone on missed by struggling countries was this clear that they see way they spend less now face a painful stereotype measures a sense of being treated like a naughty school child they need. added to the growing strain community it's only now starting to be grown so see there will expose much more france and especially germany to the times there must be up to the city to to express
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a political leader for you not just for their own countries but for europe as a whole your attentions have not called on this by the markets punish political leaders the cooking the feet in dealing with the crisis the struggling economies like italy even the for the stakes it's least being considered by many the test case for the entire a year if it fails and it could take down the entire fifth the question now is whether or not those measures can think feet whether we'll see them going the same way as previous measures before by european leaders who say fails to come up with a convincing rescue a third party. three man crew bound for the international space station has successfully lifted off from the baikonur cosmodrome in kazakhstan and it's the first manned flight after a similar so use rocket carrying an unmanned supplying vessel crashed back to earth shortly after take off three months ago tom bartlett was on
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a launch pad for us. launch time at the baikonur cosmodrome these three men have gone up to join their colleagues in the international space station but they're late and unhappy about why it is a risky business you can never eliminate risk altogether that that's the bargain that you make for the privilege of flying humans in space and accomplishing what they do up there on the twenty fourth of august to supply rockets engines failed on its way up to the i assess and it plummeted back to worth with a bang it was a manned but all launches were put on hold but worries about the safety of soyuz rockets now the only link to the space station crew since the last u.s. shuttle flight in july said this crew of their launch date set back their relatives were especially nervous after the progress crash what do you think about your husband's launch coming up so soon. it's too difficult it's better not to talk
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about it. the crew themselves though accept the dangers as part of the job. because we're upset about the accident of course but every big project has some room for failure unfortunately this is not completely avoidable but we shouldn't dramatize the situation. and so it was that rocket was lifted into place on its launch pad we could see the rocket taking off with what's appropriate. with deep sighs of relief all watched as the rocket blasted successfully it's all of it leading the crew to experience what all the rest of us to retrieve about. you can actually get a good view of the earth during the flight and the spacecraft but surely will have time to enjoy it better while on the international space station for that view and from ams future in space they say the risk is worth it. tom watson r.t.
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. the u.k. plans to get tough on gang culture by opening schools with strange and army like discipline the measure was proposed in response to the riots that shook the u.k. in the summer and while the plans are there is believe discipline is key critics fear it could actually alienate problem youth further are about explains as the going gets tough the tough get going on the boot camps are the places set out of line it's this culture of self control the government now wants to bring into schools so it's calling on the cavalry will former soldiers to sort the front line at the front of a classroom following the riots across the u.k. the government prostrating troops into teaching as a way it says to restore adult or thorazine wants to provide more male role models even giving teachers new powers to use physical force as a way to control disruptive peoples it's not
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a bad thing for children to know where they stand. if they step this side of the lie they will be punished accordingly if they stay on the right side of the line. in the confines of the law and they will not be punished it's a line few would cross with a teacher like this and friends going to be headmaster of the new school where every teacher will be a former soldier uniform inspections and military style roll calls but with a polish but a strict routine when you can maintain discipline a future war which is the most high pressured situation you can maintain discipline in a classroom an older but with corporal punishment now a step closer than any fear it will push an already alienated youth further away i think they would start building their own gang as they've done towards the police now i think the police behave towards our kids is to gangs and give it you can see the police are a gang it would be the army i think with the gulf war and rule and this charity
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takes in problem peoples the state system chucks out and turns their lives around according to teachers here it's about finding the right kind of stimulation rather than just cracking the whip they become a rule because they're bored putting discipline in isn't the answer just on the tone this is yes prettily making sure to go something at their own level for this sixteen year old that happened to be art he was expelled from school after what he will only refer to as an incident and is still too afraid to be identified back then he was on course to fail all his exams but after just a year passed fourteen a far cry from someone supposedly too disruptive to teach. more discipline for children in schools keeping that wouldn't work for. me and i'm not so in class and poor and cause a lot of talking interest shit works. so in the focus they wouldn't really want to
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go to their lives and get individual attention was the only thing that this boy's education around but with a system that prides itself on conformance the battle could be only just beginning august in its own sea. you can always find more stories on our website archie dot com here's a quick look at what else is lined up for using their. even if colonel gadhafi had lived another one hundred years he could not have killed more people than nato did during its bombing of libya that's what one syrian diplomat believes watch his interview in full at r.t. dot com. and of the caucuses there is no winner in the republic of south the city's first round of voting with none of the presidential candidates gaining the required number of votes i doubt who is left to fight it out in the second round. a crew member is reported missing and another person is in critical condition after
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a fire on a cruise ship in moscow and around twenty people are reported to have been on board when the fire broke out in the early hours of monday morning most of skate on harm with at least two reporting injuries faulty wiring or careless handling a fire is thought to have caused the blaze this is not the first incident on the water in russia this year in july nine died in a boat collision in moscow and in the same month one hundred twenty died when a pleasure cruise there are saying on the volga river. even attempt to slash its huge national debts the u.s. is looking to cut wherever it can even the might of the fans but it won't escape as the pentagon looks for four hundred fifty billion u.s. dollars in savings over the next ten years argues military contributor believes the pentagon chief should stand up for those who are american security of the hands on . today when the debate about the county going to cuts in before rage and especially when america and its allies celebrate the veterans day and the enter
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verse of the u.s. marine corps this provides a unique opportunity for the u.s. secretary of defense to jekyl the question not what the u.s. marine corps can do for the pentagon but what he can do for the u.s. marines and here are a couple of suggestions first to exempt their marines from the sequestration and their personnel cuts all across the military services and the reason apart from the marine corps anniversary and the grads day is u.s. marines can do anything and everything the u.s. army does but they do it much more effectively and efficiently. now let's take a look at some other stories from around the world an explosion has killed seven
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people and injured over a dozen in the northwest of china a blast ripped through a commercial building in a suburb of xiang city and shattered windows far away from the scene witnesses believe the explosion may have been caused by a gas leak in a restaurant. three french aid workers held hostage in yemen for almost half a year have been free they were kidnapped by suspected al qaeda militants at a restaurant east of the capital in may no details have been given about the terms of the release if that is foreigners are frequent most of the hostages have been freed and harmed. in portland police in riot gear have surrounded hundreds of occupy protesters in the central park after they ignored eviction orders officers and used the tongs and threaten the rest if the demonstrators failed to comply the protests are part of the larger movement against social and economic inequality and corporate america and around the world. one palestinian has been killed and several others wounded by an israeli airstrike on
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a compound in northern gaza the strike targeted will base used by hamas is really military said the attack came after a rocket was fired into southern israel hours earlier and israeli commanders said the military is preparing to topple that government. overseas up today here in our t.v. dimitris next hour the business news. thanks marina it's only has no other choice but to exit the euro zone and bring back its national currency even if it means to collapse of the so says a prominent economist nouriel roubini also known as dr drew. six countries very silent throughout italy spain and cyprus that have different degrees of economic fiscal and financial difficulties a lot more of them maybe to a structure that uses five of them up that's one or more of them may have to take to the euro zone different after the exit the euro zone that frankly implies
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a breakup of the euro zone. that's maybe strangling europe but here in russia the budget position is reassuringly strong however the burbank senior vice president has been growth believes there is no room for complacency the books may be balance but the russian economy is still has a number of problems that need addressing. and russia is obviously in a very different situation he has as all countries russia faces challenges but those challenges are different. and in fairly good short term position from a fiscal standpoint there are plenty for me shares that being said russia remains critically dependent on commodity prices and. there is some concern over the medium term fiscal. so to the markets oriel is still trading the level of more than three months light sweet is adding three cents this. hundred fourteen dollars sixty
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eight cents per barrel this is all coming from optimism on news italy is started building a new government and pauses in a stare at the budget easing fears over europe's debt crisis at least borrowing costs the sinking to six point four percent borne yields well below dangerous levels on confidence economists to mario monti will form a strong government without politicians in russia is also started the week on a positive note from both the r.t.s. my six shooting forward more than one percent in the first minutes of trading we're still positive financials are in the leaves but i can beat see some of the biggest gain is up one percent gazprom another energy chips also positive so is noble tech after announcing russian accounting standards first nine months net profit going up ninety percent but continues its last week's declines as the brushes and so is the
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. russian equities track negative global sentiment last week over the deepening years of crisis the girls had little sip says investors should keep an eye on the rubles value and the strength of the you were perfect. a ruble could continue to strengthen a bit that wouldn't be afraid of of holding rubles i think that the the euro should strengthen as well now that the nations over on you know greece and italy some of the resolving themselves and expect that the other euro would strengthen a bit against the a dollar on the back of a strengthening the oil you know which tends to in a strengthening wind with say a stronger euro weaker dollar. i would look again at russian oil companies principally you know sort of have to gas and tap left would be ones that would benefit from this in a strengthening oh well price i would look at those as well cat's eyes and talks to
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acquire a stake in the arctic liquefied natural gas project led by russia's gas projects and i have a tech the mouth project is expected to produce five million tons of liquefied natural gas pretty good on production begins in twenty six feet qatar's energy minister mohammad al assad says the country is keen to tape. up on its very much interest in the investment sun generally it really doesn't chemicals the amount that is. important to point six and we are really interested in. being. picked apart to put the spin through the. project and we are. in. discussions and negotiations are our products. business news on our website of you took over with last business on joining around for the five minutes time we'll be
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