tv [untitled] December 9, 2011 1:00am-1:30am EST
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little. league. or. little ego. europe's currency questioned the first setback an eleventh hour talks to save the euro as we use twenty seven members refused to accept block wide rule changes leaving the currency club to sort itself out. israel unleashes a series of airstrikes on gaza by targeting militants but causing civilian casualties. at least three palestinians have been killed and several dozen wounded in the latest wave of violence the worst in several weeks more from tel aviv in just a few minutes. and what's in a name western media is quick to equate to russia's post-election rallies with the
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arab world turmoil as moscow says it's being overblown and out of date. on air and online broadcasting around the clock this is r.t. it's d.-day for the euro with intense talks among even leaders in brussels suffering its first set back some of the twenty seven members refused to accept even why change isn't controls meaning the seventeen year is their nations will now after their own solution to save the currency france's parky blaming britain should want to exclusion from restrictions saying it would harm london's financial cushion in seventeen countries which use the euro plus six others who want to be part of the new controllers will now work towards a march deadline to complete the new set out the president. said the euro had lost credibility and all members have
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a duty to secure its future but i brussels correspondent takes a closer look at europe's critical twenty four hours. talk talk and more talk even the politicians know it. oh no i'm not believe that the the more. often or did not live up to our words. yet another d.-day for the euro another big question mark hangs over brussels do euro zone politicians have what it takes to hit the euro crisis nail on the head once and for all. the euro which should inspire confidence is not inspiring this confidence if there is no deal on friday there will be no second chance. and this time germany and france are not taking any chances it's either tough love toward nothing they want a treaty change to pave the way for a fiscal union that will bind the euro countries closer and force the nationally unhealthy economies to get their act together tougher punishment for deficit
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centers and greater fiscal oversight by e.u. institutions and no matter how tough the rules the question is will they change anything implement proposals talking about that will find a country for failing to it he wrote about debt and deficit well you're basically taking a country that's bankrupt and going to follow. yet even some euro skeptics acknowledge that a common currency system does have its good points it is an instrument instrument is only as good as the way that you use it and ability it has to do things we have to rethink the old system merkel and sarkozy know it's a race against time if they can't get the other ten non euro countries on board for a treaty change they want the seventeen era zone countries to head with more school integration to support a monetary union lest anyone forget it took eight years to negotiate the original
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lisbon treaty on top of that the u.k. has threatened to use its veto if its interests are not protected amending the treaty which is the e.u.'s rulebook and virtual constitution opens up a potential political mind. field needing the support of all member states despite anger in some countries over e.u. enforced sturdy measures but even if changes get through these hurdles once again would it change anything you will never solve this problem as long as these currencies. these countries are with the currency that doesn't fit their economy this is what all the fuss is about the euro that's what's backers it represents a grand idea of a single currency what some would call the united states of europe but now with the problems that becomes too big to ignore question before us is are they also too big to solve the possibility of a euro collapse is now an actual threat and here's another question is the euro
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even worth saving some say yes the alternative existence is a possibility that we're to break down but i think a lot of or most policymakers most citizens at large rapidly see that the breakdown will be more expensive than maintaining what we have today and to make the to undertake the necessary structural changes some say no it was always going to end it was pretty clear there was always going to end in disaster with very very bad effects even for those countries which are not members of it and the blame for that should be laid firmly and clearly with the european political establishment whose obsessive pursuit of a united states of europe has got us into this mess and if the eurozone does survive what will it look like economically and politically if i knew also that i would be a wise man. r.t. brussels but even if leaders do agree to redraw the way the e.u. works treaty changes can't happen overnight something financial analyst says could
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see this summit becoming all talk and no action. every week we have a new emergency meeting every week we have new hopes every week we have new disappointments and in my opinion this e.u. summit will lead to nothing because i cannot hear anything with dread which comes close to a solution the only thing that they are producing there in brussels is with a test or a fee catastrophe of rescue efforts and this will lead next week more or less to chaos catastrophe and collapse of the whole system possibly because as long as we don't have any solution for this you are a problem and we are short in time at the moment we rule from bad consequences in the coming future i think most of the politicians among this year or family don't really know what is on sick they behave like first class passengers in
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a titanic that is already sinking and what politicians say right now ok we have time nothing everything is all right but this ship is sinking and there is no solution to keep it alive. for the financial fallout is also being acutely felt across the atlantic reports later david in the last standoff with the occupy protesters some believe that human inverse are on the cards against activists tense and placards. the latest israeli bombing of gaza has left at least one palestinian civilian dead and dozens wounded stepping up its assault on the last minute and the campaign is putting more innocent lives in the firing line . has the latest from israel. early this morning friday at least three israeli airstrikes targeted a hamas training camp in the gaza strip now in some of the shrapnel from one of those bombs that hit nearby homes at least one palestinian civilian was killed and
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some food team that have been injured most of them women and children this follows an israeli airstrike last night thursday in which two high ranking palestinian militants were killed while traveling in a car in a crowded area in gaza city that was the first israeli strike in a concentrated area since the israeli gaza border back in two thousand and eight two thousand and nine now the palestinians have responded with a barrage of rockets there were five and some rockets a grad missiles fired on southern israel the south of israel is in a state of high alert residents have been ordered to remain near a bomb shelters throughout the course of today and this comes as various affection groups in the gaza strip point for increased revenge attacks against israel we also are hearing from hamas that it's ordered its operatives to keep a low profile city and this is the most dramatic escalation of violence that we've seen between israel and gaza in civil weeks now with the israelis accusing the
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gazans the gazans accusing the israelis and the scene does seem to be suited for a return to violence the israeli palestinian peace talks have yet again stored despite international pressure and largely over the issue of israeli settlement building like we witnessing from tel aviv is an increase in settlement construction so much so that the united states which is israel's closest ally has actually criticized the israeli government for its moves in this direction and now the israelis for various sides have also by targeting these two high ranking palestinian officials and there's a strike there is day resumed what seems to be a policy of targeted killings because certainly there hasn't been any kind of targeted killings since two thousand and ten and this is causing many to say that there's an inconsistency in the israeli policy of his. several weeks ago that israel released more than one thousand palestinian prisoners in a prisoner exchange deal with hamas now we witnessing it once again targeting militants at the same time we're hearing from various human rights groups that they
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particularly concerned that the israelis are again putting civilians in the firing line the relationship in the region is the coming more fluid all of this does set the scene for a real showdown. by the professor seuss of the islamic university of does or says israel kills palestinians with no respect for international law. has been targeting the go straight many times for the boss many years. i think it's a continuous policy of those who are in the army to keep the situation as it is to kill as much people as they can in the gaza strip. would like to try people the way they like this is not a way to deal with palestinians even if they were responsible for the killing of israelis. it's not are we to use it at all i think the israeli army has killed thousands of palestinian people and no one has convicted them
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there's really sides and now they are trying to accuse somebody to justify their actions it's a justification and up to this moment which people praying to believe there has been a calm and. between palestinian factions and the israeli side what come to be is. there is rated military will keep its own action against the gaza strip and this would lead to more violence. coverage russia's post election that is has been in sharp focus in the foreign media some even likening it to egypt's tahrir square protests biters ati's and he said all the reports that moment in russia happened twenty years ago. dockery or. sky or. u.s. senator john mccain to each dear vlad the arab spring coming to a neighborhood near you but is it seems russia's so-called slavic spring came and
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went twenty years ago. mccain and hillary clinton really would like this to happen and you see it in their relations to other countries where these revolutions benefit the u.s. and of course they're pushing for this but don't think it will happen there we're talking here like protests during the collapse of the soviet union hundreds of thousands were out on the streets people who are. always in. these and they will walk through. most of the few thousand out on the streets of moscow after these elections look young enough to either not remember or be unable to compare some of the story is funny how it worked out the middle class that exists today does so because of the politics of this government if they rebuilt the country four years ago there was a much smaller middle class if any. a middle class egyptians would dream of its
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revolution praised as democracy by the west so the military take over. we have only one demand that the military council and the army go back to their barracks and start protecting the country that they've demonstrated they're incapable of leading the country over the last nine months. the hooter's certainly proved twitter and facebook are fierce tools when planning protests some thirty thousand have already signed up for a moscow meet on the weekend but russia should have been a lesson to egypt to rebuild from scratch can take decades tens of thousands of young people are preparing to come out onto the streets and voice discontent and that means millions won't it's a safe bet many of them remember all too well the turbulent ninety's what chaos means for such a large country and aren't willing to go back and start over and he's now a r.t. moscow. well secret e-mails showing the u.s.
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state department discussing paying for information on the russian elections have been revealed russian news website news obtained the correspondence with election watchdog. washington discussing payment for activists who describe. losses backed by american in funding but claims to be independent one of the e-mail shows the u.s. state department praising dollars promising to support senator kennedy has ordered all reports of election violations to be thoroughly investigated. we've got more on the leaked documents so you can judge for yourself at r.t. dot com other details on the post-election protests in moscow along with video footage and here's what else is online today. another secret cia prisons in europe remain here is the latest country to be revealed as hosting a facility used to watch american terror suspects the report online.
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nato has reiterated its refusal to take russia's security concerns into account on the phony issue of european missile defense that's moscow's conclusion after top level talks with the alliance in brussels foreign minister sergei lavrov says the u.s. isn't prepared to cooperate on the shield intel is deploying an antiballistic systematic waters with russia which it regards as a threat. rebuff to kremlin requests to guarantee it poses no danger russians claims the shield is makes its ground real but r.t. has been hearing from analysts who strongly doubt that. there is no threat right now neither country has. that could carry nuclear weapons and only one of those
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countries has a nuclear weapon in the first place and also you what it would be very difficult to imagine a country of that size aiming a ballistic missile at the united states because it would be like marking the their country for annihilation with a big x. is a ballistic missile is ballistic that means we didn't know where it came to our oh we're using a defense that doesn't exist against an aggressor that this point doesn't exist the worst thing to look like is that you're weak on defense so if people say we could build a shield as some people say then why not do it that's so i think the idea is those political pressures at home if they don't continue to push that way this administration will give use as weak and it doesn't want to be viewed as weak right now from a strategic perspective going into a national election. well some world news in brief for you now first to somalia where at least nine people have died in clashes between government forces and is a missed insurgent violence ended when militants withdrew from the city leaving control to the government the group has been waging
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a five year insurgency against the state which they claim is corrupt their campaign has caused the deaths of tens of thousands of civilians since it began. tragedy has returned to the virginia tech university in us where two people had been shot dead during a routine traffic stop when an attacker up and killed an officer before fleeing the second body was later discovered presently the gunman genea tech is the site of one of america's worst ever deadly rampages when a student massacred thirty two people working himself. colombia's severe floods have forced at least a three and a half thousand families to abandon their homes on the outskirts of the capital and the rains cause the bogota river to burst its banks many residents were rescued by ocean city and others refused to go case their homes were looted possibly in
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landslides in the region in the last forty eight hours claiming six lives. iranian state t.v. has shown footage of an american spy drone that officials claim was down by the military last week the revolutionary guard says it was captured by electronic ambush ungrounded near the afghan border iran confirmed six years ago that the u.s. was sending surveillance craft to spy on its military and nuclear facilities the pentagon says iran is on lightly to recover data from the drug. but artie's in the you tube channel has more on developments in iran and other stories from around the world. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. showing corporations are on the day.
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that. they weren't treated so well themselves one question means one career you ask one question you could be uncertain and you might or might not be able to publish it but that's the end of your career. well into the future of science technology innovation called in news developments from around russia we've got the future covered. wealthy british style. that's not on. the. market why not come to. find out what's really happening to the global economy with max cause or
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for a no holds barred look at the global financial headlines tune into cars a report on our. a policeman has been killed and another four people injured in the north caucuses republic of dagestan happened on thursday when police officers arrived at the site of a road accident caught him on the it's unclear who the attackers were forty's are still working at the scene russia's north caucasus region remains one of the most of all its heart in the country and talking star has been gripped by almost daily violence between authorities and extremists. american corporates occupy protesters in boston no braced for eviction but the deadline for them to leave having passed just over an hour ago offices are preparing to move in some protests have already removed their belongings in the section of the heavy handed boston is the latest in a recent string of of the shoes throughout the country demonstrators are told they
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must leave their counts now or face prosecution. is just one in a three month movement against corporate excess has already seen basons interests and some are determined to stick it out however hard it gets. the occupy movement are facing not only pepper spray but things like the l. rad sound cannon the long range acoustic device which can blast your cranium with one hundred forty decibels shaking your skull so hard even earplugs wants doubt that this weapon has been tested on palestinians in the occupied west bank by the israeli army so civilians in the us are now up against basically military style policing what's behind it is a mentality among our police forces our local police use common civilians protesters as common criminals. while the moscow outs team is in a festive mood in a few minutes time but first katie has latest business news for us.
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thank you carrie is tell if your business days so it's been a challenging wait in russia the tense also mouth of the paul eventually action has added to capital outflow and lots of volatility in the stock markets but beyond the headlines that have been some positive stories but sickly in the banking stocks up results from the c b the company is a c.f.o. explains why the country is still a good place to do business russia is obviously criticised for things that it needs to modernize itself its legal system and and other things but russia cannot be criticised voice for the state of its public finances if you look at you know that the g.d.p. is less than ten percent. the this year the government will end up with a fiscal surplus rather than deficit if you look at every major developed nation they'll be much more sorriest state of affairs russia is as politically stable as
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you know much much more stable than any western country where you know the government seems to be changing every other day so so here i would i would see it i would see that this is overplayed but of course russia's russia has its own unique ceteris but in my mind very significant you're just well. let's check out those markets crude prices are down as the e.u. summit reportedly fell to secure the full backing of the twenty seven nations the treaty changes to help fight the region's debt crisis like it was an ageing fiscal policy so it's all good now concentrate on forging an agreement between the seventeen members and any other countries that want to join lines to meet is trading young boy about ninety eight dollars a barrel and friends i've got one hundred seven dollars a barrel i just says are extending our losses off the reports of deschooling the e.u. summit take it as an industrial zone on depression with the such a construction machinery down. stands out find out jewels are among the main
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decline is in hong kong the bank of china is losing two point seven percent while hate just b.c. is down over three percent. the russian markets all suffering shaba losses of the fairy first minutes of friday's trades by the office yes on the my six all losing around two percent this hour. russia's biggest investment companies have lost tens of millions of dollars in the third quarter due to the stock market collapse in august and september they also yes in the my six fell by eighteen percent and thirty percent respectively during the period according to vest in my daily newspaper troika dollars losses extended one hundred million dollars in part because of a portfolio over valuation of the end of the some are the ones that obviously be capital which invests in russia sole offices around sixty eight million dollars although some firms have done a lot better for instance metropole and outs on which maintained level balance
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sheet. two thousand and eleven has not been the best in terms of mergers and acquisitions in russia with values fall below that see during a peak in two thousand and seven but global bank has predict that could pick up next year with consolidation i am looking for bargains of old. one would be in market consolidation so for example in the banking sector where you have thirteen fourteen hundred banks there is a need to consolidate in order to have both the required capital given some large regulatory trends such as movement to basel two and hopefully basel three as well as the need to have sufficient liquidity to grow the balance sheet to in market consolidation for some of the old economy sectors will continue second we expect to see outward investment by russian companies and shareholders into europe and the united states taking advantage of the situation in those markets to become more
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a soviet system which faded away in less than twenty four hours that's bell of this kind of push up coupled with below we acted in a true russian style we didn't know exactly what the future would bring that were to think about later three metres come together and sign an agreement dissolving the u.s.s.r. for good to get rid of the so called big brother that was always controlling them was the dream of many republics of the world. but in the eyes of the people they put it like this i will liberate you from the kremlin oppression no one wants to take the blame. should not be able to persuade gorbachev and besides his word could not be relied upon. he could tell you anything and do something completely different i can forgive myself you know for me too liberal and in the sand boris yeltsin or i should have that was my mistake. this is the decisive in strict boris
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yeltsin that sets in the kremlin and set of good stuff about time. i'm. young and i don't think we'd have left elevator forest so easily. to decades have cost but the discussion still rages was this applause or a fait accompli going to. wealthy british style cold snap that's not on the. markets why not scandals find out what's really happening to the global economy with max conjure for a no holds barred look at the global financial headlines tune into cars a report on our.
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