tv [untitled] December 12, 2011 1:00pm-1:30pm EST
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russian billionaire playboy look at all the presidential race countries. next march. people flood the center of moscow again but this time it's the supporters of the victorious united russia party it follows mass opposition rallies staged the results of the parliamentary vote to. rescue package amid skepticism over the efficiency of the emergency measure and against the backdrop of widening cracks within you. take their rallies to a new level shut down america's west coast ports is the first arrest take place in
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new york where demonstrations also gather face monday stories this hour. internationally is a comment live from moscow twenty four hours a day this is. candidates being throwing their hats into the ring ahead of russia's upcoming presidential runoff one of the world's richest men russian businessman. has formally announced he is running in the election for next march. has more on the. he is number three on russia's rich list kind of a jack of all trades not only does he have a fortune of estimated eighteen billion dollars he's also have a basketball player in fact he owns the new jersey nets basketball team he's an
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avid skier and while in the french alps teams actually been involved in a high class prostitution scandal of course french authorities later have cleared him of all charges and extended their apologies which were excepted this is not his first story into politics he was the leader of the right cause party in russia just earlier this year as he left to that party however due to disagreements with other party members although at the time profit of said that he did so because of the press or from the kremlin and of course in the upcoming presidential elections will have to run against other candidates who have already said they're willing to run for the presidential elections and that of course is the premise of as we put in and at the head of the fair russia party now mikhail prokhorov did not specify what exactly is going to be on the he's election campaign he said everything that he has to say he will state in due time to the announcement that we will run for the presidential term because made it into the twitters our worldwide top trends so
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that is quite an accomplishment already so we have just to wait and see in order to find out exactly because progress has in store. lot of the cornea russia specialist at the university of london believes that candidacy has introducing fresh blood to the springtime race for the country's top job. it makes it more interesting because he's a very good mathematician these are financing he's a businessman he's a sports personality he's internationalist so therefore he's a name that people would recognize and he would bring some. youthful vigor if you like to the proceedings one would expect him to articulate some views from a purely economic point of view we haven't much experience of politics but you could argue about finance you could argue about the way ahead for russia he may in fact attract the new urban class in moscow and st petersburg and you could have in book places like that the young professionals the under thirty five and so on they want a voice they want politicians like you is going to the external world will be there
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for two or three years there will be blood and of course if i call for that because being an extremely rich man and he's not going to correct the poor relations clarity it was really going for the. young professionals of the people who would like to be like or of thousands of people been gathering again in the center of moscow in reaction to the recent parliamentary vote supporters of the united russia party that won the election of states running following a series of mass protests against the results of nazis media culture never has been following developments in the heart of the russian capital. several thousands of people who came here. that's where we choose right. from moscow these were the memories of the united russia party various organizations donahue's groups that support united russia and its leadership prime minister vladimir putin and president. this really comes after a series of other demonstrations in the center of moscow following the paula
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monthly elections that took place on the fourth of december the results sport of france the that has been going on for several days now there have been allegations of a lot wrong and violations people have been coming to the streets both in protest and in support of the results the biggest protest so far to place on saturday around twenty five thousand people and that's the number given by the inter ministry gathered in one of the moscow central square still voiced their frustration their number one demand was of the recount of those basically people one says of the new poll the monthly elections to take place in russia. over there and we've got much more on the developments around the parliamentary election in russia on a website. called the exclusive section of my website to check out a picture gallery of russia's biggest rally in true decades it was a fine first hand accounts of last week's events as well as reactions and in depth
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and the. footage from the demonstrations. more news today violence flared up. and these are the images the world has been seeing from the streets of canada. showing corporations rule the day. and he will street protesters across the west coast are trying to blockade some of america's busiest ports from portland to san diego but while they fight their cause on one side of america on the other riot police are busy arresting demonstrators in new york well for more on this new cross to what is going to check on what's the latest we know on these arrests and the massive marches in an attempt to shut down the ports. well you thought it was new york almost two dozen people were
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arrested in new york during what looked like a very peaceful demonstration we're also getting reports that members of the occupy wall street media team there have been arrested they were providing a live stream of the protest on the internet so that's new york occupiers of march there in solidarity with their fellow protesters on the west coast where thousands are taking on ports from california to alaska to disrupt what they describe as an economic machine that benefits the wealthiest individuals and corporations this is being the message of the whole occupy movement which started three months ago the protesters are marching down ports in san diego los angeles portland seattle tacoma . and courage that's in alaska this should give you a sense of the scale of the action there we're getting reports that the protesters have shut down several terminals in portland and l.a. the poured in oakland has also been shut down we're also keeping
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a close eye on the police reaction there. you know we have begun in san francisco three people so far police officers in riot gear are on the move. so a lot going on on the west coast right now we might see a lot more arrests coming up and maybe even a brutal crackdown on protesters with the use of tear gas and rubber bullets something that we have seen in the past so far authorities have been quite successful in cracking down on these peaceful protesters across the united states dismantling their camps of the demonstrators around five thousand peaceful protesters have been arrested in the last three months and those arrest don't even make it to the headlines anymore they become something like business as usual dozens of demonstrators every week just over this weekend fifty five people were arrested in san francisco. thanks very much indeed for that live update from
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washington. kind. international austerity inspectors the so-called troika increase to put in place a second lifeline for the debt ridden country athens narrowly avoided default in december after it received a vital cash injection but still remains at risk that as cracks are widening in the e.u. after what's considered a major divorce between britain and other members of brussels summit bodies you could of has more. it's not easy running a business even a small one like this german company which produces isolation materials for gas turbines. taxes salaries competition it's enough to keep any business in one's head busy but many still wonder why rules different when it comes to the big book or in this case the euro. when a business takes a loan and cons paid back in and says it's bankruptcy i think a state which keeps accumulating debt has to do the same it's no different from
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a company in that sense you don't borrow money if you know you can't pay it back but for some reason often this doesn't seem to be the case for the eurozone so let's take greece for example besides billions of euros which have already been allocated to bail it out even leaders have approved yet another tranche the aim is to pay off its three hundred sixty billion euro debt preventing it from going and taking others with it but many fear the tactic will not work it's all about physics review no matter how strong a material is like this piece of metal with the right amount of pressure it will break. and unfortunately for the euro zone the laws of physics are called universal for a reason meanwhile the pressure is rising and the latest e.u. summit in brussels showed the economic crisis is creating cracks in the union britain walked out of a deal put forward by germany and france to revise the e.u. treaty and create a fiscal union with
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a tighter grip on finances but analysts to warn the integration may take too long with some countries facing a possible referendum on the deal i actually think this fiscal union won't get off the ground because i think there's every chance the euro is going to crash and meanwhile inspectors from the so-called troika which consists of the european commission the european central bank and the international monetary fund are looking to provide. with a new one hundred thirty billion euro bailout i would call it the lying circus the banks who are trying to save their necks who were put on the line with bad loans to corrupt governments. waiting and expecting european taxpayers to pay their bills especially the bonus bills sure christmas is big in europe but building of the euro for the sake of the banks is becoming one expensive present the dozens of protests that have rocked the e.u.
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this year are a clear sign of discontent over austerity. and it's highly unlikely the new set of handouts for greece will be greeted with anything cheer. or g. germany. well david cameron's firm no to the e.u. fiscal agreement received a mixed reaction at home he's been defending his decision in the house of commons earlier today on monday saying the treaty lacked financial safeguards for the u.k. well for more on this some are joined by historian and author neil. did david cameron have any other choice but to go his own way the summit. well he obviously had a choice the british elite has been divided since the beginning really on the e.u. between those who value greater integration into the into the european market and it's interesting that british industrialists have been expressing concern about the problem caused by the rift division between those and on the other hand finance
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capital the city of london feels threatened by the possibility of an e.u. imposed tax on financial transactions now clearly cameron had a choice he could have either gone with greater integration or he backs the speculative profits of the city of london and seeks to defend the banks in the city against. taxation and that was the decision he had to make what about the implications for the u.k. british opposition leader ed miliband he said that from now on david cameron will have to read about the e.u. summit all the meetings all of this issues they make in the financial times just how much though is this a blow to the u.k. has influence in europe and will it really become marginalized as suggested. well the i mean ordinary people in the in britain ordinary workers and poor people facing the cuts don't have any influence in europe through the use of the e.u.
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as a club for bankers and bosses and top politicians it's not really got any benefits at all for ordinary people and i think what miliband want to be doing he's supposed to be the leader of the labor party which is supposed to represent the working majority what he should really be doing is attacking not just cameron for defending speculative profit in the city but also attacking the other leaders of the you who want to set up what is in effect a europe wide dictatorship to drive through or stir it in measures that's effectively what this new pact is about it's about removing any kind of democratic accountability and putting in place a system whereby there will be sanctions imposed on states that exceed their budgets that don't reduce their deficits that don't pay off their debts in other words the unelected e.u. officials will be overriding the democracy of ordinary working people in europe in
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order to drive through the austerity cuts and to wreck jobs public services pensions benefits wages those are there it is measures are about those austerity measures no matter how painful they are are not the remedy and not the cure then for the euro europe's problems over the precise opposite of what the austerity is doing is driving us deeper into a depression and we've now entered what is in effect the second great depression and just as happened in the one nine hundred thirty s. europe's leaders are repeating the mistakes that deepened the depression in the thirty's which is to deflate in a crisis in a crisis you have to do the opposite if you do you flate if you impose austerity if you reduce demand you will drive the european economy deeper into slump deeper into mass unemployment deeper into. simple operation went and that's the road down which they're now moving just finally short of the british prime minister in a way has done britain a favor as need because many would say in the light of what you said and the
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predictions for the eurozone and the european union that in effect the u.k. could be abandoning a sinking ship the right time in fact britain could be much stronger as a result of this is that common. well i don't think it is really i mean there is no such thing as britain and a single national interest britain is a divided class society what benefits the rich in what benefits the bankers and the profiteers in the city is very very different from what benefits ordinary working people and the poor who are being hit really hard by the condo coalition's austerity program what's in our interest is to. end the domination of our economy by the city and by finance capital but also to reject the kind of. horse shit which is now being threatened in europe i would say a plague on both their houses interesting to hear your thoughts neil portman thank you very much indeed for joining us live in you're welcome thank you. well on our
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website r.t. dot com we're interested in your opinion on what can be done to save the struggling euro zone so far most think the monetary union should simply be dissolved also you can see on screen about fourteen percent say the euro zone should expel the weakest members about a tenth think that a single currency requires a single government minority view support sanctions imposing financial discipline what's your view we're going to come and have your say. u.s. troops in iraq of handed over the large military base to iraqi forces ahead of the december thirty first withdrawal president barack obama has met with iraqi prime minister nouri al maliki in washington to discuss the next phase of their country's relationship brian becker director of the antiwar coalition has told me earlier that iraq was at peace till the us invaded nearly nine years ago. iraq was at peace with the united states and threaten the united states it had no weapons of mass
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destruction it was not connected to september eleventh it was the victim of an premeditated aggression by the united states and britain i think the united states has deliberately divided the country along ethno sectarian lines before people didn't go around in iraq saying i'm a sunni. i'm a christian there was a relative unity and national identity of iraqis but in order to break up their resistance to break up those who are resisting the occupation after march two thousand and three the united states relied on financing in army ethno sectarian units and now says today that this could be the pretext for foreign intervention. remember you can find more stories comments and analysis on our website let's have a quick look and see what's in store for you should you log on right now ground control to the i.s.o.'s another russian satellite source to the stars communication between space travelers and. tons of austerity it seems christmas has been
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taken back to basics in hungary scantily clad scientists have been bringing some festive cheer to the streets and put it past you find out what they were running for website r.t. dot com. a famine themed credit card is hitting the u.s. markets just in time for holiday shopping but it relates to one of the most painful episodes in ukraine's history when a famine across the soviet union claimed three million ukrainian lives alone. reports the remaining view the move as u.s. banks attempting to cash in on tragedy. almost a decades on ukraine still mourns those who died in the 1930's famine in the
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u.s.s.r. known here as the whole of the more and it's a rare example where political forces more used to in fighting put aside their differences to unite in common cause now the ukrainian diaspora in the united states is joining in remembrance in a rather peculiar fashion the application for the whole of the modern credit card. will be able to allow the south occasion. any one of our branches the catastrophic nine hundred thirty two nine hundred thirty three famine claimed at least three million lives in ukraine alone with several more million perishing across what is now central russia and stand some one key of insist it was an act of genocide directed against ukrainians most school says it was caused by criminal agricultural policies of stalin's government but those behind the credit card project claim they're driven by remembrance motives only putting all the story debates aside you know what it's another good mechanism to have all of them or remember that thanks
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to the political elite and civil organizations it is well known in ukraine elsewhere besides there are only a few living witnesses left and they're already over eighty years old. however it's not only about the intangible one percent of each purchase made with a holder more card will be allocated to a special charity fund ukraine's main monuments commemorating the 1930's famine was built in two thousand and eight amid recession and millions of us dollars were used from the state budget people behind the hole the more credit card project say that the money they raise may be used to build more monuments and memorials this apparently benign initiative however was met with an avalanche of criticism in ukraine and that's not only because there are practically no survivors left who could be helped with the money raised this political analyst says buying groceries with. the famine inspired card is a blasphemy if the idea is completely immoral it's an attempt to popularize
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a great tragedy and use it for commercial needs i can only think of a proven tragedy the holocaust but the jews are not putting on a credit card in fact such an attempt was made by a us company in two thousand and nine the blue card but it had no direct reference to the holocaust and it's not so popular across the atlantic where the whole of the more card will be more successful can be seen when it hits the market in late december just in time for christmas shopping. r.t. reporting from kiev in ukraine. let's take a look at other stories making news around the world before the business news. with kareena armed militants in pakistan of ambushed a convoy of nato tankers before setting it ablaze is now a bad recently decided to block nato supply routes to afghanistan after an alliance airstrike killed twenty four pakistani soldiers last month the blockade could continue for weeks until new rules are established with washington meanwhile u.s. forces have left pakistan after being told to go as
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a result of the deadly strike. israel has approved the construction of forty homes in a farm near bethlehem planned for the new neighborhood were approved by israel's defense minister but the settlement watchdog peace now said the project show israel's intention to claim the region in any future agreement with the palestinians israel has come under criticism since a government decision last month to speed up construction in response to palestine joining us to go. well in less than ten minutes from now to discuss is the prospects for peace in the middle east with a senior palestinian politician but first there was probably screens here with the latest business news. welcome to our business update the russian economic ministry believes there is a risk the price of oil could collapse next year if the eurozone crisis deepens this would have a profound impact on the country's economy and the value of
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a currency artie's business i was the whole bushel explains. well the ruble is currently thirty one to the dollar pessimistic traders. will have you believe there's a twin risk in twenty twelve of the ruble weakening to dangerous and unseen horrors first you have the political instability with reports that up the whole four million people come out onto the streets of moscow to protest the recent alleged fraud in the parliamentary elections second you have the leaked report from russia's economic ministry that there's a growing promise will fall from the current hundred dollars a barrel to eighty or even sixty dollars in the wake of the eurozone crisis today the o.e.c.d. warned that russia's for too dependent on oil revenues so low oil prices will be disastrous at the high school of economics here in moscow has calculated all that could push the ruble. against the dollar if we have a look at the historic ruble exchange rate this century will never actually go above thirty seven to thirty six point two in two thousand and nine so reports like
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this of forty five to the dollar have investors worried because it brings with it we currencies bring with it things like inflation another nasty is that traders don't like we mostly the presidential. has been highly critical of these claims he says the high school of economics has an anti government boyers and he thinks that all price the exchange rate will remain stable. look at the markets now european stock markets closed lower the forty lost one point eight percent heart attacks and over a quarter of a percent in the red bank for the declines shares of voice banking group dropped seven percent in london and frankfurt commerzbank an alliance between six. and russia the r.t.s. markets closed over three and a quarter of a lower let's have a look at some individual shareholders on my fixed russia's biggest lenders bear bank have reversed from running against finished in the red at the quality gas produced now attack last four percent as despite news the company plans to invest
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nineteen billion dollars in oil and gas production by twenty point and thank you b.p. shares finished in the red as well did better than its peers that's despite reports two of its independent board members have quit the company. accounting is rarely glamorous but it is important to make russian business more transparent aulus of companies will be obliged to report their results according to international standards by two thousand and fifteen that will force around a third of all russian firms to switch from reporting only local standards which are often ignored as they are considered reliable changes hope to improve the investment climate and make it easier for companies to attract find. a job reporting in international financial standards is a film that's accepted worldwide so when you company which provides results in the standards is free to move around the globe and be transparent understandable and predictable. that's it for me but you can find what stories by simply logging to
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download free broadcast quality video for your media projects and free medio dog r.t. dot com. wealthy british style holds a spot on the title. markets finance scandal find out what's really happening to the global economy for a no holds barred look at the global financial headline is joining to cause a report on our. minds. would be so much brighter if you newly bought song from finest impressions.
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