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tv   [untitled]    January 31, 2012 5:18am-5:48am EST

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i'm a provocation at the same time thousands of american soldiers are being positioned in israel what's next is it war who threw more because it will have disastrous consequences for iran for security in the region for the security of the united states and other participants in this military operation so i believe the call for this is just a method to set additional pressure on iran but. i do not believe that the united states seriously consider a military for at least four these days deputy chief of the russian duma committee for international affairs causing causer cha thank you for joining us today. america's decision to station its forces in the philippines is as part of its new asian strategy now threatening repercussions the state owned china daily called on beijing to enact economic sanctions against manila after invited in u.s. troops in reaction to an escalating territorial dispute but apart from the church
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of the political research institute of southeastern asian studies expects a stronger reaction in the coming weeks the u.s. has claimed that this is about to maintain the freedom of navigation and it is partly the interest of the u.s. but i think if we look deeper this is not only about to maintain or to defend in the navigation this is about to come out of the rise of china and when you talk about the rise of china this is not about economic rise but it's also about the rise of military capability for beijing the issue of the u.s. engagement with the east asia we defeat bins and also or intervention in the south china sea issue that is very important for the chinese government chinese government has perceives. you as part of. preserving national interest so i think we should expect or anticipate some sort of rest from beijing in the next couple of weeks perhaps we might see something coming out of beijing in regard to.
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but i don't hesitate to log on to our website and so you don't com it's the best place to look for the latest updates comments and videos that someone can see some of the items waiting for you there right now is so-called healing pyramids certainly attracting russians who are hoping to improve their health skeptics dismiss the structures as fraudulent false idols designed only to help people part with their money. and the pentagon's money management proved to be far from efficient as one hundred million dollars once stored in saddam hussein's palace disappears into thin air. all right in a few moments in a tussle with the business but for now britain is preparing for the greatest show
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on earth and taking the possibility of a terrorist attack seriously london's summer olympic preparations are calling on all corners of the nation's defenses but as a bennett reports such measures may not only turn the capital into a siege city but simply proved to be ineffective. spectators may know who they're watching at the olympics but they won't know who's watching them surveillance drones like this could be circling the skies of london this summer police may use the spy cameras in their lympics anti terror tactics it'll leave no hiding place the drones can make out a car's number plate from heights of up to one kilometer privacy campaigners fear is the start of a slippery slope i think it be our salute tragedy for britain the largest part of the olympic legacy was a surveillance legacy where we store all this equipment in the name of national security and then when the other bits are over we keep using it personal very very
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serious risk to the privacy that might not be adequately protected the spy in the skies been piloted before in britain by four police forces but never took off after one crashed into a river and the u.k. aviation authority failed to grant the necessary license that's the only legal requirement before this sort of surveillance becomes a reality at the olympics a minor hurdle for what's already britain's biggest peacetime security operation total cost over one point six billion dollars it is worrying that the security bill has increased so drastically from initial estimates one of the reasons being given for this is so heightened risk of terrorism which seems incredible as an excuse at a time when the original estimates were made around the time of the london bombings when london was considered to be a very high risk so it seems incredible they got the estimates so badly wrong in the first place commandos speeding up the thames is one answer to
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a myriad of perceived terror threats this time a hijacked passenger boat they'll also be warships and get on the thames attack helicopters on standby even ground to air missiles ready to launch or vance before you even get to the security on the ground to give you idea an. if the numbers take the olympic stadium capacity eighty thousand ground security at the games is enough to fill sixty percent of that inside the venue will be over twenty three thousand security guards along with seven and a half thousand military personnel and then outside a further six thousand troops along with twelve thousand police total just shy of fifty thousand the budgets ballooned by one hundred percent because initial estimates were woefully inadequate but that still couldn't stop to fake bombs being sneaked in under the radar at the stadiums dummy runs not exactly great value for money london organizers have tried to play down fees the olympic village will be
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a siege city but with such a massive security operation the plan the limb pick legacy of international friendship may not be the one that's actually left after bennett r.t. london. the latest e.u. effort to save the euro under way now in brussels is off to a rather characteristic start with the leaders of france and britain arguing over which of them has more industry the exchange came as the two often at loggerheads to downplay disagreements and mutual distrust and here's a hint however was not isolated poland set to join the eurozone demanded a greater say in decision making the spanish in turn argued against excessive austerity while everyone pressed the greeks to complete debt talks with its creditors there was one result however with twenty five of the twenty seven e.u. nations agreeing to a german fiscal rule that would limit deficits and
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a new bailout fund the e.u. works to rein in its less responsible members the kaiser report looks at what got them in the mess in the first place max and stacey and their take on the strange and wonderful world of finance coming your way next hour. zomby debt or be deader is a noun and indebted consumer who is only able to pay the debt interest each month so area the two pillars of society zombie debtors who are never again and clown bankers who never have to pay debt zombies and clones yet wherever there is a zombie debt or you can be sure there's a zombie creditor and as zombie central banker feeding them all. because report next hour here on our now though and joins us next with the business
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. almost twenty five minutes past two pm here in moscow you're watching business on our. emerging market currencies a seeing the best start of the year since the turn of the century the russian ruble along with the mexican peso and the brazilian ryall have performed currencies from major developed nations sentiment is supported by rising risk appetite after the e.u. leaders signed up for a strict a budget discipline at monday's meeting however stephen jacobson from saxo bank believes the positive mood is not going to last. the central banks continue to print money so much that they're actually running out of paper to printed on if you look at the easy be they have been expanding their balance sheet since july first by thirty eight percent in terms of currency strength and risk appetite has become a game of continuing to frawley credit she adds extensively
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a little bit like pretending that you can treat a patient deal by giving them all fear and they did create a diagnosis of why the patient is sick but of course the patient will improve short term and this is what's going on with the risk and that's what's going on with the currency market. and let's now take a look at the markets a stronger oil is pushing the russian currency higher against the dollar however the ruble is still lower to the euro the dollar's also lower against the european currency as some progress has been made in talks with the greek bondholders. oil and instigating value of strangers get the message that greece is closer to the final stage of its talks with bondholders that brings hope that the e.u. crisis might soon be resolved which in turn increases the out the title risk this hour of the w t i is trading at ninety nine and three quarters of a barrel brand is up more than one hundred and eleven dollars. and now on to
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equities european and the. trading higher and early afternoon on tuesday after the e.u. leaders agreed to boost fiscal integration german unemployment data is actually being released all right as we speak let's see is gaining more than half a percent the dax is two thirds of a percent higher. and here in moscow the markets are in positive territory at lunch hour the r.t.s. is up almost two percent while the my six is gaining more than one percent. and now the biggest movers on why sex is very higher on ease concerns about the euro debt crisis energy majors are also higher with rossi. after a one a half percent and russia's biggest drugstore chain thirty six point six as among the top gainers that's on the news that it plans to open a drug discount chain to boost sales. and that's all we have time for in this edition of business for you back in about sixty minutes.
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this is also a lot from moscow time for your headlines syria is still reeling from escalating outbreaks of violence as a supply now spreads to new york where u.n. security council members seem unlikely to reach. consensus on the unrest. occupy d.c. protesters dig their heels in as they wait for a police crackdown after the deadline to leave their camps set by city or thora these past. and london security goes large for the upcoming summer olympics with tens of thousands of troops and high tech spy drones all that amid fears the spirit
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of the games will be damaged by the show of force. and coming up next here on our t.v. stay with us if you can as we sit down with m.e.p. martin from the u.k. conservative party to learn more about where the fallout over the years first e.u. bloc summit will be felt he watches nutz. today we're joined by more. from the u.k. conservative party and he's also the new head of the european conservatives and a reformist group at the european parliament thanks very much for joining us today the first question is the e.u. . president of the country over its controversial nuclear program statement british prime minister david cameron along
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with. merkel said that quote our message is clear we have no quarrel with the iranian people but the leadership has failed to restore international confidence in the exclusively peaceful nature of its nuclear program now at what cost to the european union is this message being delivered. you have agreed that we are not going to buy any more oil from iran number of member states to have. reasonable reason be considered a purchase that they would have to stop by oil from iran but i think you know the overall. you know we have come together twenty seven nations to the arabians you know you know we really must get some assurances on the nuclear program it's unacceptable to the rest of the world for iran to acquire nuclear weapons but i will factor will these sanctions be right now you see india still buying oil from iran with gold and you have china could possibly just step in and buy the oil that
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the u.s. and the e.u. don't want so how effective really will be the countries like india which of course . functioning democracies as well i'm sure that diplomatic pressure being applied to to maybe get them on board with the with the regime as well you know we have to be united as a world to say to iran this is unacceptable you will not be permitted to develop. u.k. weapons. we will leave no stone to the pursuing this policy of british petroleum or b.p. would be a british government as well as the e.u. have been lobbying u.s. lawmakers for an exception from another proposed new u.s. sanctions which seek to stop western companies from doing business with iran in particular this has to do with the shah denice project in azerbaijan iran has a ten percent stake in that while greece is now forced to find alternatives to almost one third of its oil imports from iran even if it didn't want to to begin
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with and here you have the u.k. asking for an exception how can that be fair when we see if there is an exemption on that i mean this pipeline that you're referring to from us about ten percent owed by. iranian state assets so it's not clear what the exact effect will be on that but at the same time you know as well as the sanctions on iran we also want to pursue. diversifying energy sources. for western europe this pipeline is a key part of that but it is rather hypocritical saying this is a message to iran there are going to be loopholes that we've accepted that there will be costs to to the west on implementing this policy on this it could well be that this is one of the costs we have to bear but i think there is not a majority enough that there was only ten percent of it it is a key part of europe's attempt to diversify our energy sources and our energy base and i'm sure they will want to continue with this but further discussions will take
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place on exactly what happened to this particular project so basically what you're saying is it's ok to have sanctions against iran as long as it doesn't go against the goal of the e.u. to diversify its sources that would look like that that's the view that's being taken but i think the detail the detail work a lot to be done on this you know none of the sanctions are taking effect until august anyway let's talk about the euro zone this question has been asked. long enough even at the recent press conference of the. journalist to get a straight answer of whether or not greece will default or exit from the euro so what do you think will there be a greece default or it can give you my opinion but i think it will default you know effectively. that's being imposed on the bondholders at the moment many could argue that that's effectively a default anyway. maybe your question is. will it be an uncontrolled credit event i just know. i don't know what is clear to me is the current debt. is
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unsustainable. in my view that debt will have to be reduced considerably one way of doing it would be for them to default. i do my view that it's probably the most effective way of doing that and at the same time helping to save the rest of the eurozone but you know i'm not a member of the country that is part of the euro zone so euro zone. but that seems to me to be the way that we're heading. that we delay this process the difficulties of being told that the u.k. wants to have a say what. we can give our opinions but you know we did not join the euro in the first place we are against the euro being created. many pitfalls that there would be along the way it looks like finding out the hard way that you know you can compress seventeen countries economic policies
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into one currency zone while still operating seventeen different economic policies well there are still some people who would argue that there are other solutions to this crisis one of which would be the issue. another would be the further of funding mechanisms vailable for countries that need them with germany more than germany has said no to all of these suggestions and some would say that this behavior from germany is a. yeah. i would if i was a german politician i would. look at the. right. this is the fundamental
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problem with the. creation of it. and i hope they will also continue to resist as well so. where does that. push this forward. asking myself what is the point of this. crisis at the moment the next crisis five years down the road if countries are persuaded to rein in the. deficit this is going to take. to be implemented by. a. countries that. is going to provide a magic solution to
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a crisis that could explode in the next month or two. this is not. distracting attention from the very real things that need to be done to solve the current crisis. instead of addressing the fundamental problems. crisis in europe none of these issues are being addressed by this so i don't think it work and i think it's essentially pointless let's talk about the european missed ability mechanism. this is the funding facility which will be put into place in the target is to have five hundred billion euros in funds that will be available for countries that may need it in the future and also the e.c.b. is asking a four. trillion euros do you think that. will be
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a big enough far wall to question any impact that a possible default or euro exit may have on other countries. if if spain or italy runs into trouble you know you could look at the amount of debt outstanding in those countries you can see that if i would not necessarily pick it up but this is a matter for the eurozone countries themselves to resolve other essential fundamental structural problems in the in the euro zone. you know the being seventeen different countries this is the difficulty with david cameron uses veto with the e.u. summit against any treaty changes because he failed to get guarantees to protect the interests of the u.k. particularly of the city of london and france is circulating its blueprint for proposal on a new financial transaction tax how big of a deal do you think this could become our position is that we will not accept a financial transaction tax i mean you look. in any event in any event no negotiations whatsoever because it's pointless to get it you know it won't raise
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very much money it will just drive the institutions away to other jurisdictions like new york or singapore all geneva or something outside of the scope of this tax their electronic transactions by their nature they can take place in many different locations across the world so we don't they're going to raise very much money we think will be bad for european business. we think it's unfairly targeted it will be paid by. by individual investors the big banks. will be clever enough to. operate on a worldwide basis it will be. effective so they are the new. people what is this. realistic acceptance of the limits of european integration. to. make you know.
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statements. about european integration. with the euro zone crisis. we could make. the. limits of national sovereignty being. sticking to their fundamental national democratic principle which is the basic building block of the european union so what are the. powers that are already in the european union.
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i am. as it was shot four times in total and i have one as it were and. sort of the bullets are still in my body. and little people should be allowed to defend themselves wherever they are guns in the hands of law abiding decent people are not a problem national rifle association was a group of basically retired military police love to shoot holes and i'm sorry if you know that the bullet comes out here and this makes it go bang and if what's in front of here is going to die that's all the training you really really need raise your hand if you know something's been. ok place to live well one
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of the philadelphia police local streets. you can live without a gun hopefully we will never have to use the weapons for self defense but we should be prepared for the full class including the teacher i think was. seventeen students and six am one of seven or still alive.
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the headlines on r t syria is still reeling from escalating outbreaks of violence as its plight now spreads to new york where un security council members seem unlikely to reach consensus on the unrest. occupy d.c. protesters dig their heels in as they wait for a police crackdown after the deadline to leave the camps set by city authorities parsons. and london security goes along for the upcoming summer olympics with tens of thousands of troops and high tech spy drones amid fears the spirit of the games will be damaged by the show. as the headlines here in r.t.
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next there was an injury and the sports. hello there thanks for watching and these are the headlines. quick rubin's most successful manager kabamba day resigns after over a decade in charge. plus deadline day russia striker probably could have the ak is on the verge of joining full of guard before the transfer window slams shut. and getting ready to rumble the patriots and the giants arrive in indianapolis ahead of their superbowl showdown. but first day of has resigned as manager from russian premier league side rubin after eleven years in charge the fifty nine year old says he had disagreements with the club's president dmitri over budget and transfer policies rubin have sold a number of key plays over the last two seasons the most recent being christian
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moscow earlier this month however the day of intense to stay on and work at the club's junior academy but dave is the rubins most successful manager after joining them back in two thousand and one he got them promoted to russia's top flight in this season and went on to win two russian premier league titles in two thousand and eight and two thousand and nine he also won the russian super cup the following year rubina currently fifth in their domestic league and will play lynn p.r. course in the europa league last thirty two on feb fourteenth. russia striker probably grabbed me as he is on the verge of signing for english premier league side for them from stood guard before today's deadline the twenty eight year old has only scored fifteen goals for the bundy's league side in sixty eight appearances and is only netted once this season but he is undergoing medical at craven cottage before them boss martin you're all saying he wants to bolster his attacking options. elsewhere ac man of unveiled their latest signing maxi.

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