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tv   [untitled]    November 14, 2011 10:00am-10:30am EST

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treehouse holiday is the bull goldman tells the rim brands to screw me the chance to feel. the oil pull the ribbons hotels. in defense of damascus moscow blames syria's increasing international isolation on western plans for regime change. syria's hour of the neighbors turn their backs on president assad as the united states and its allies call for tougher action to bring about the downfall of the syrian leader. turning up the heat tough talks between the u.s. and china over trade and currency issues as the apec summit comes to a close in hawaii. three two one. back on track a crew of three heads to the international space station on a russian soyuz it's three months on the from the crash of a similar rocket shortly after that. and later this hour
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and the russian equity markets ended the day pretty much flat but some of the blue chips especially those in the energy sector showed robust gains the details about twenty minutes. it's now are just seven pm on monday here in moscow this is artsy with me you've already seen show the u.s. and its allies are more interested in regime change in syria than a peaceful solution to the unrest that's according to the kremlin russia's foreign minister says western countries are trying to stir up syria's opposition to topple president bashar assad. reports. circular frova said in a statement expressing russia's dismay at the decision to suspend syria from the
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arab league he said that russia's help and advice president assad has been implementing the reforms that were put forward by the arab league at a meeting on the second of november peace deal a deal to try to broker peace in the syrian conflict. so he left office said this the decision to suspend syria from the arab league is counterproductive to a peace deal saying that the decision really sends a message to the syrian opposition to continue fighting against president assad's on the pro government forces entered syria not getting them to the table to discuss a peaceful resolution to this now russia has tried to mediate in the past and has offered it serves his members representatives from both the syrian leadership and the syrian opposition have been here in moscow for talks and in fact in the next
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couple of days a senior syrian opposition member will be here in the russian capital for further talks to try to bring about that peaceful solution on wednesday we're expecting to see that rubber stamp put on the decision to suspend syria from the arab league now the last nation to be suspended from the arab league libya and of course nothing is altered in the outside military intervention something that russia again was opposed to any military intervention that went far beyond the parameters that were laid out in u.n. resolutions when it came to the chance of imposing a u.n. resolution on syria russia looking at sishen from going through we're also seeing the reaction from the syrian people tens of thousands out only streets of damascus across syria protesting against this decision to suspend syria from the arab league they want to find a peaceful solution to put an end to this conflict that's going on for eight months now than estimated three thousand five hundred people being killed during it. that
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is control of the reporting right there well i grew up with r t i could have your company today still ahead for you this hour divided europe it's not in the best interest of the germans to keep on going with this i think you have over here you have behaved badly we're going to punish that's not a union as new governments take over in italy and greece or some question whether they'll have the interests of ordinary people look. in the books and boot camp tough and military style discipline will soon be introduced in some u.k. schools to straighten out unruly pupils but a new front opens up in the debate with a warning it's a step too far. this year's asia pacific economic cooperation summit in hawaii wrapped up after the twenty one it member nations made some significant breakthroughs that includes a pledge to work towards a pan pacific free trade zone has put in place precautions against the risks facing the global economy and we should many are there for and president obama discussed
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russia's accession also to the w t o by next summer at the same time the u.s. turned up the heat on his biggest economic rival that of china and our correspondent anastasio discovered the smiles and handshakes for the cameras did not tell the full story. there's a tradition at a park summits where leaders get together and wear national costumes for a photo opportunity it's really a fun time for leaders to products rather in the back and joke around but this year journalists were surprised to see that this older photo op in hawaiian shirts never happened and we were hearing that this is because china was refusing to put on the hawaiian shirt so it really looks like the united states had a hard time during these last two days at a park in honolulu convincing china not only when it comes to economic issues but really issues of the wardrobe as well and this is something that many analysts are not surprised to see because the u.s. 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
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u.s. debt. and associates i know right well the u.s. has long complained that china keeps its currency artificially weak to give it an advantage to exporters but china says to you one has to rise gradually to avoid harming its economy our correspondent boy now explains the differences that have piled up between washington and beijing. if there is any u.s. base where the occupy movement has little chance it's probably hard why despite the high concentration of politicians in wall street big week socializing at the apec summit the only place people are willing to occupy here on mass at the beach is this one exception these pictures tourists are against greed and social injustice they're against economic inequality and they're against china. i. couldn't sit down clearly the mood at the podium was similarly hostile i think we
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can benefit from frayed with china and i want certainly so we continue cultivating a. constructive relationship with the tribe his government. but we're going to continue to be firm in insisting that they operate by the same rules that. everybody else rules rules and again rules as a country that's been ruling the roost for decades the united states has never been shy of policing others 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 wall also reflected in the country's political and economic policy if that's not that china doesn't play by their all that's actually quite the opposite but do you notice the things they have an issue really is that increasingly china rules and absolute privilege washing for would prefer to keep its out as the u.s.
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president hailed his new free trade asia pacific pact as a win win to boost trade in the region some in china as a predator effort to change rules. free trade to be. in the eyes of the beholder it's a treat for you the protection provided i get the. precious industries. well. so it's always at loma. 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 it's 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 it's having trouble adjusting to what that
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means many chinese proverbs are difficult to translate into english those about money usually have exact equivalents one of them is money makes the world go round the concept experience shalit. miliard to washington and progressively still to beijing it's not my car this is at the apec summit in honolulu. right now a ten minutes past the hour here in moscow still ahead of you in the program there were three astronauts of course for the international space station in a russian soyuz the first crew to do so since a similar unmanned rocket crashed some of the three months ago. watching r.t. now italy's new prime minister mario monti has begun work on forming a new technocratic government to tackle the country's towering debt an economist and former e.u. commissioner he now has to implement structural economic reforms to pull italy out of its financial chaos. in our takes a look at whether
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a new man at the top can make a difference for the your sign. it was never going to be easy put it that sought to unite year at seventeen countries of which are now on the one currency attracted fierce criticism we've witnessed the beginning of a dishonest and downright dangerous german president. to revive the constitution but to do it in such a way that you want to avoid referendums in key member states some might now be wishing they'd heeded the warnings one after another the states begin to warble italy's been the latest country to come under scrutiny we have been witnessing in the last. growing pressure from europe and i'm talking in particular from france and germany partly the u.k. certainly the european parliament and the commission is going to start the quite as to say first the leaders of greece and italy replaced by people who were never
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elected to office he knew their way around brussels here in italy with berlusconi now gone doesn't they're paying for reforms now need to be implemented to meet the demands for the first time since the quiescence began talks have now begun to turn to the possibility of exit from the euro or the creation of the cool europe countries like germany seem to be leading the way but i think it's not in the restroom interest of the germans to keep on going with this argentina over here where you have behaved badly we're going to punish that's not a union in the united states of america if a state behaves badly imagine taxes behaving badly or 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 the growing sense of a bad year agree pretty good year he's not going to miss by struggling countries it's clear that those who are spent less now face up to painful austerity measures are being treated like
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a naughty school child any added to the growing strain in. it's only now because well so the see there will expose much more france and especially germany to the times there must be up to a say two to express a political leader feed not just their own countries but for europe as a whole your attentions have not caught on this by the financial markets punish political leaders. in dealing with the crisis and struggling economies like italy even the napery think the stakes its least being considered by many the test case for the entire a year you say it fails and it could take down the entire. the question now is whether or not those measures can fix the whether we'll see them going the same way as previous measures put forward by european leaders. failed to come out with a convincing. third. order for more of us not let's cross
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over and talk a lot of nice guys a financial analyst and host of all these cars a report on the one man constantly ruffling the feathers of the world's financial hierarchy i thank you for coming on the program today let's talk about greece is a new prime minister lucas papademos a former vice president of the european central bank formerly of the federal reserve of boston and now marriott once he set to be the new italian pm formerly with goldman sachs and reputedly a member of the super secret build a group of bankers taking over politics. well it's the night of the living death and all of these zombie bankers you can't get rid of them you can't kill them iceland thought that they had killed off their zombie terrorist bankers but they've risen again and they're now starting iceland you'd have thought the nine eleven attacks would have wiped out those terrorist is zombie bankers at cantor fitzgerald and morgan stanley but they live to bank another day they are
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a plague around the world and certainly in europe as you pointed out there are no law actions but they're putting bankers in charge to bring about total banker domination as the world goes down a slippery slope into banker hell but i'm actually if indeed these are former bankers are taking political control what are the main priorities what their agenda is talking you know geo political strategies here war the main agenda is to create more debt in the eurozone they have an opportunity to bring all the balance sheets of all the countries together and create new lending facilities like the f.s.f. which is a new five trillion euro lending facility and they want to build on that to create ten twenty trillion euro lending facilities because bankers get paid and how much debt they create never mind the fact that the pay for that that ultimately they have to impose more austerity measures more austerity measures more debt more fees for bankers more financial terrorism so the more fees the more loans and the more
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the more force feeding of austerity measures here would seem that it's a very small elite that are continuing to benefit from all of us. absolutely it's an only it's an elite of the zombie bankers in the world they're continuing the same plays that they've been doing now for the last few years there used to be a thing called moral hazard where if banks took risks they would be at some point penalized by the system but now the more risk that they take the greater the rewards they get the more risks that they take the lower interest rates are kept and the more rewards they get so they're good look at m.f. global in america morgan j.p. morgan is now going to step in front of the allocated accounts of customers of m.f. global and actually steal money from their accounts we haven't seen this level of
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larceny and theft sense the nazis stall assets from people in germany in the thirty's and what they actually just went into their accounts and stole the money now j.p. morgan and others are just going into accounts allocated banking accounts at m.f. global and they're stealing your money this is outrageous this hasn't been done in decades but you have to hand it to them they have staying power the zombies these terrorists and there's no regulations in place that are there's no as you see with any teeth there's no at best say there's no serious fraud office there's no regulations at all interest rates are zero percent so expect more of the same put if there's no regulation at all and none of these bankers and into sions are being penalized by the system what does that mean does that mean that they are part of the system or the rule the rule in bed together or are they just untouchable because of their deep pockets. well in the eurozone what we're saying is in place of elected officials put in place an elected bankers and of course they work together they work with the central banks to keep the keys keeping interest
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rates near zero percent because this allows them to fund their speculations of zero cost they don't want to spend any money to borrow money to put the outrages of bets on the table and every time they lose a bet then they impose more austerity measures every time they win a bet they keep one hundred percent of the profits but now that i'm in the market or if i don't instruct it's hard to apologize for interrupting you there but you have a politicians of certainly messed up the eurozone there's no question about it but surely bankers who would know better about finance who would they not be than perhaps the right people to to actually feel he's leading political positions well that's the argument of a wife somebody who's a victim of wife beating so you're saying that you're being beaten up on mercifully by her husband but you're saying he's the best guy to be in place as my husband because he knows how much he's beating me so i need him to remain my husband
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because he knows best about how i'm being beaten i mean that you're taking the argument of a victim you're taking the are going to someone who's being beaten in this way and you're defending or saying well things will get better the wife beating or stock or because it's unconscionable even that you would make such an argument i mean i don't mean to be personally making this case against you but this is what you hear all the time people say well the bankers know best but the bankers are the ones who have stolen all the money so are we going to give them more ability to steal more money and oppose more austerity measures that's insane is there mags finally is there an end game to all of this that as you suggest the bankers continue to line their pockets they're now manning the thrones manning the homes of of certain european countries but people in your eye seem absolutely powerless here is there any and again. yes the end game is mass panic buying of gold and silver and then this will force the banks to go the way
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enron j.p. morgan will one day wake up it'll go the way enron it'll be worth zero same thing for b.n.p. same thing for many of these banks and all the gold and silver vigilantes who are the capitalizing remember when you're fighting vampires you need a silver stake and put it through their hearts this is what gold and silver acts like when you're fighting terrorist banking zombies on wall street that's why gold and silver continue to go higher as want to get to a certain tipping point these banks' balance sheets will blow off and we'll have a new gold standard around the world and this will be a rebirth of the global economy but there'll be a tremendous amount of pain before and a lot of people like barack obama in america talking about political solutions when he is in fact in bed with the worst financial terrorist in the world that guy is quite embarrassing as my president i'm embarrassed by that right in my sky as a financial analyst and of course host a concert for many thanks. you watching us here live from moscow the
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u.k. government plans to open new schools with on the style boot camp discipline to control disruptive pupils or the motion was proposed off several cities including london rocked by riots in august supporters believe it will whip on routines into shape but others think it will just make them worse off these are for granted just gates . as the going gets tough the tough get going army boot camps are the places step 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 form a soldiers to stop the front line at the front of a classroom following the riots across the u.k. the government are striking troops into teaching as a way it says to restore adult or thirty one survive 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 but a teacher like this and friends are 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 the polish of a strict routine when you can maintain discipline in the future war which is the most high pressured situation you can maintain discipline in a classroom in oldham but with corporal punishment now a step closer many fear it will push an already alienated youth further away i think they would start building their own gang as they have done for the police now i think the police behave towards our kids is to gangs isn't it you can see the police are a gang it would be the army i think it would become more unruly this charity takes
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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 funny tone this is yes prettily making sure to call something at their own level for this sixteen year old that happened to be art he was expelled from school after what he'll 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 a class fourteen a far cry from someone supposedly too disruptive to teach. more discipline for children in schools wouldn't work for you. so close and talking and just shit works so you can focus on the
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door don't really want to go to lessen the. individual attention was the only thing that turned this boy's education around but with a system that prides itself on conformant see the battle could be only just beginning i've been it on t.v. . and in just a couple of minutes it's not our business news but for now a successful blast off from the baikonur cosmodrome in kazakhstan has sent three cosmonauts aboard a russian spacecraft on their way to the i s s it is the first launch since a similar unmanned soyuz rocket carrying supplies for the i.s.o.'s crashed almost three months ago. picks up the story launch time but the baikonur cosmodrome these three men have gone up to join their colleagues on the international space station but their late and i'm happy about 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
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they do up there on the twenty fourth of august a supply rockets engines failed on its way up to the sets and it plummeted back to worth with a bang. it was unmanned 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 and july. this crew of their launch date set back their relatives were especially nervous after the program's crash what do you think about your husband's launch coming up so soon. it's too difficult it's better not to talk 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 traumatize the situation. and so it was rock it was lifted into place on its launch
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pad we could see the rockets taking off the watch program. walk back up with a deep sighs of relief all watched as the rocket blasted successfully into orbit leaving the crew to experience what all the rest of us a retreat were about. you can actually get a good view of the earth during the flight in the spacecraft but surely will have time to enjoy it better while the international space station for that view and for man's future in space they say the risk is worth it tom watson r.t. . dharnas got the latest business news with natasha. it's twenty five minutes past seven pm here in moscow a welcome to the business program italy has no other choice but to exit the euro
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zone and bring back its national currency even if that means the collapse of the single currency that's the opinion of prominent economist new real roubini also known as dr doom. six countries carries on a whole shitload even his business side because it had to be for that reason to get on with his financial difficulties. one or more of them would be made sure structurally it was his brother that the that's one more of them may have two legs of the eurozone different off of the knights of the eurozone and that it's likely implies a breakup of the eurozone. and let's now take a quick look at the equity markets wall street started the week and mixed territory the dow is flat to negative in the first hour of trade losing less than a quarter percent the nasdaq is up just a notch. and european indices are unable to sustain earlier gains that were
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due to some optimism about italy and has started building a new government the footsies down three quarters of a percent germany's dax is losing almost two percent this hour. and here in russia the markets ended the day pretty much flat the r.t.s. and the high sex are just going on. and here are some of the biggest movers of the day gazprom and other energy blue chips were quite robust during the day but ended the trading session with losses lukoil was also in the red the company on monday reported an increase of eighty percent in the profit for the first nine months of the year but investors were disappointed by defining production quotas gold continued its last week's losses on lower precious metal prices mark steyn wraps up the day trade. bullish you started the whole front a good note and. then the. sellers came in and we basically are looking flat now but i think this is just the beginning i think the big story this week is
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going to be very strong for dynamics. on the balance for the whole week of the basically the president changes that we saw or in europe over the last few days. a change in leadership in both the land greek i think that that's what the markets wanted to see and i think now the morgue is waiting for strong rhetoric from both new governments in terms that they're ready to start implementing their cost cutting budget cutting measures and growth and i think once this retore comes into the market i think the market is going to appreciate that. rochelle many of giant roof sols third quarter net profit has more than doubled to two hundred ninety eight million dollars in our new year bounce after higher product prices and an appreciation of the ruble help push its overall revenues however its first deputy see over this last fall of yield says the quarters mean achievement was a reduction in operating and finance costs which we achieved to fill the quarter
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and we're going to keep this result through the. cost but significant reduction for example in the second quarter of a fortune for the drop in kind of you know preston's more billets and so. much better result than most of the second quarter but as you see with that result of the last year the difficult to say what we can still keep people to market the same level the difference and think what we see in the low cost positions locals low scores for you so it's hard to get see the situation out. and out all the latest from the business team i'll be back with an update in fifteen minutes.

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