tv [untitled] February 7, 2012 6:18am-6:48am EST
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the main research was to drill the great your eyes i mean the eyes that was forming by snow as deep as possible to get these tiny bubbles of. air which was preserved for about four hundred thousand years in the snow and to measure carbon dioxide and in it and a certain point researchers made a new discovery lake vostok once they. dug into the lake ice which was formed not by snow but which was formed by water freezing. international project lots of lost its meaning because you can never get any more climate change information so the project was suspended for four years now with team of russian scientists have drilled more than two miles into the ice and have reached the surface of the subway to lake itself excited about the possibility of discovering life. the lake was talking heated from the.
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earth and now from down. and there's a way is there are some kind of fresh water maybe because of these heat flux from the water there could be some more more sophisticated life then back to earth while the drilling project at legg is exciting for scientists and promising in terms of finding a life form here on earth there are some who are skeptical and say the project should continue in fact they say it could even be dangerous to humans there were some worries that we will bring up some microbes that are really harmful. to human being which is from a biological point of view it is some kind of nonsense because these are all even extremely fresh water going to shows they have not ever counted we. mammals may be so they can never interfere with. the harsh
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conditions make working in vostok difficult now scientists have a limited window of opportunity to conduct their research for the season. i remember we had modest sense for self this the coldest one was reached as minus eighty nine celsius the end of february beginning of march the temperatures begin to drop drop drop these temperatures the planes can't fly anymore and that's it. now that the drilling task is complete the race is on to find the new discovery of ancient life on our planet in antarctica sean thomas archie. well to find out more about how people survive at the end of the world head to our web site r t v dot com for the world's southernmost confident far and wide learning how to survive in this unforgiving yet breathtaking environment. occupy wall street heads to the classroom as one u.s. college opens up
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a poor studying by campaign read all about it online at our dot com. the former head of britain's m i six spy agency sir mark allen is being sued by two dissident libyans he allegedly helped arrest and deport to gadhafi torturers in two thousand and four but their case against substance after the discovery of letters from alan to the colonel congratulating him on the return of the prisoners parties ira bennett has the story. abducted imprisoned and tortured for six years all thanks to british government help those are the claims of two former gadaffi detainees who say they were captured by m i six and flown to libya in two thousand and four abdulhakim bell is now libya's military commander along with sami el saadi
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he was part of the libyan islamic fighting group they're suing a former british spy chief for complicity in their torture to me the most damaging aspect is just how much the british were involved in even just two cases of sending senior people back to libya and then the potential damages how much they knew about the nature of gadhafi his regime and how he and his officials were torturing prisoners and that should have been obvious documents found in tripoli by human rights watch seemingly expose britain's key role in the libyans rendition within m i six counterterrorism chief says mark allen pulling the strings so he allegedly writes in one letter sent to get daffy spy chief moose's. i congratulate you on the safe arrival of our last a deep mr hard this was the least we could do for you and for libya the
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papers show the cia seized in bangkok thanks to an m i six tipoff al saadi was supposedly snatched by the m i six in hong kong both men were sent straight to libya and the notorious abu salim prison where they say they were tortured there are statements from calle thirteen. that they. they do not wish torture to happen. in the context of death. those sorts of statements that. everyone would know there was an extremely high risk indeed or less certainty that these individuals will be tortured but by that point the british government's love in with good daffy had already begun turning him from their sport to darling and it wasn't just good daffy you reap the rewards it's a mark alan was britain's negotiator in what was a two way deal it was in this exclusive london clubs of marco and said to have met
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good at his intelligence chief the alleged occasion a top secret dinner to celebrate the end of negotiations libya gets a seat at the international table in return for scrapping its weapons program and giving britain a lucrative oil contract one worth fifteen billion pounds went to b.p. in two thousand and four the same company allan had just joined there are even allegations the controversial release of lockerbie bomber mcgraw he was part of the same shady deal to find them well and refuses to comment on the claims against him m i six hasn't denied complicity in torture with the government saying all actions had its approval a longstanding get out clause but maybe not now the secrets out so we know that ministers in the past were sounding off on the sort of acts of complicity that those ministers themselves should face criminal prosecution the civil case against mark allen could be just the tip of the iceberg of what went on behind the scenes
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between britain and get daffy police have launched a criminal investigation to see just how far up the tree complicity may have gone either bennett r.t. london. but get the latest now from the world of business with kareena. my. hello and welcome to a business object itself thanks for joining me in a surprising move for the russia stock markets we see bank made compensate minority shareholders for low losses on their investment from a supporter says of the bank will use its own profits to buy back shares from people who took part in its i.p.o. five years ago because the price of the t.v. shares is roughly half of the initial listing the plan is estimated to cost up to half a billion dollars while investors await the details to be revealed we should haynesworth from rating agency rules rating says there could be a more efficient way to solve the problem. if
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a shareholder. is unhappy with the performance of the manager of his company you fire the manager of the company and bring in new ones the share price has gone down the shareholders do not like what's happening and therefore the the. the government doesn't like the. minority shareholders so as a majority shareholder the government should really suck the management of the tb and put new managers who will increase the share price. let's look at the markets now exchange rates for us all is pushing the ruble higher to the dollar and the euro is also losing value against the dollar with uncertainty about the debt crisis playing cards. it's next that it's makes the u.s.
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crude futures reached a six month high on monday cold weather in europe boosted leading fields like leaders currently trading over us to ninety seven dollars per barrel brant blend is sixteen dollars. plus european stock markets edged lower day investors are focusing on a merger in the resources sector while greek officials start of the agree on a sturdy measures mining companies away heavily armored units is also one decliners luxury retailers group is losing three point nine percent and christiane is falling for stuff. here across the markets are mixed up to seeing some gains in the afternoon now let's look at some movers all of them isaac's carrier air force has lowered its passenger traffic growth quarter last year to bank is also down as investors await the details of its recently announced buyback precious metals produced that point is gold has plunged into red after posting strong gains. an
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ongoing rumors of a possible merger with its rival. the russian government may introduce new measures to support local carmakers. rules the industry ministry has suggested introducing especially a special fee for imported cars and those assembled in russia would be spent on recycling car components surcharge would provide some compensation for the lowering of. the news for cars well that's great for this can always find most always just log on to a website that started out. with me. the
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close up team has been to the whole bar of screeching where the country's little wealth starts its way across the ocean. now archie goes to the area. was named after lenin good looking to a different character to represent itself. for local businesses are striving to build the aviation capital of russia. the four by fours are made and can be tested to the limit. welcome to the union of creature. russia close up on r.t.
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. well the. science technology innovation all the latest developments from around russia we've got the future covered. here with r.t. live from moscow our top stories peacemaking mission a delegation led by russia's foreign minister is in talks with the syrian leadership of the bloodshed in the country of gathered momentum against the backdrop of diplomatic route. greece sacrifices fifteen thousand more jobs in a bid to appease its international creditors as the. population stages another general strike. the scent of oil gadhafi era documents discovered in libya's implicate
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britain britain's m i six spy agency in the rendition of this sort of suffered under the dictator cooperation that allegedly involved the u.k. well rewarded. well to the world economy again and max and stacey now take a look at how currency wars are heating up around the globe in the kaiser report. it's kaiser this is the kaiser report the currency wars are heating up around the world stacy max there are so many super committees and super bodies that i thought we here should form one on the kaiser report which is why we have the same exact shirt on oh great rich and little liberal but also tags. you will all the super committees and super bodies are in the news super committee that runs
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america urges and to the zero bound demands issuance of negative yield bonds so the treasury borrowing advisory committee has demanded that quote it was broadly agreed that flooring interest rates as zero or capping issuance proceeds at par was prohibiting proper market function the committee unanimously recommended that the treasury department allow for a negative yield auction results as soon as logistically practical that's right leave britain predicting this for really almost the entire duration of the show that the zero percent interest rates would give way to negative interest rates so that means that the bank takes two percent of your money every year just for keeping your money at the bank or the treasury bond issuance they issued the bond day one last you are in
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a losing position from the second you take possession and this is a way again to confiscate wealth to protect bankers and it's no coincidence that this comes this news comes after the m.f. global scandal because they were testing the waters with m.f. global if jamie diamond and j.p. morgan and john corazon could confiscate people's customer money out of their accounts just steal. or money and nobody did anything about it then of course is that ok they're going to issue negative negative return bonds and negative interest rates and the wealth confiscation now is in full force zero hedge reckons that this is j.p. morgan and goldman sachs who are pushing for this and say and what j.p. morgan and goldman sachs want j.p. morgan and goldman sachs get and once we get the green light on negative yields at auction next up will be the push for the fed to impose negative rates on all standing securities which means that coming soon savers will be literally paying to hold cash and that will be the final straw confiscation of your money
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it's fascist regimes in the past have not hesitated to just confiscate people's wealth the resulting in poverty it ends up in creating state sanction or in this case bank sanctioned ghettos and then there's the beginning of a financial program which a financial hole cost and this is the program in place now those who have gold and silver of course are going to be the only survivors as we've been saying on the show for a number of years as well so the fed doesn't believe in the dollar clearly because they want to be confiscating the capital like this here over in europe buddhist bank sinks deeper into debt saving europe so germany's buddhist bank has entirely exhausted its stock of private assets and run up a quarter of a trillion euros in liabilities propping up the euro zone system testing the political limits of e.m.
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you solidarity in germany the operations of incurring all this debt are part of the european central banks target to network of automatic payments between the national central banks of the euro land club the bank has already provided four hundred ninety six billion euros to countries in trouble chiefly greece ireland. italy and spain know the bank has plenty of room it's rent their interest rates are two or three percent they can lower them down to zero percent d.c.b. can say gone many more trillions of dollars worth of bad debt and remember folks it's all legal now the article mentions professor westerman who says that the e.c.b. is also printing money and that their latest lending has not been quote unquote sterilized and amounts to money creation while it has a vertical banking crash the move is double edged and could intensify the crisis since the bank cannot ensure the extra liquidity stays in the club med block
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professor west german sees a moment when all that money all of that extra liquidity currently sitting in the club med region italy and spain and france that it could all come rushing back into germany and they call it the tidal wave of liquidity quote if everybody tries to get out of crisis states at the same time this will overwhelm target to in principle a speculative attack could occur within a day we are heading towards the multiple equilibria zone in which beliefs of a breakdown of the euro zone are self-fulfilling. don't forget deutsche bank. is the goldman sachs j.p. morgan of the e.c.b. can absorb many many trillions of those junk without breaking a sweat and remember folks it's all legal what germany is doing it's all loophole so the next headline also from amber was ever in pritchard from the telegraph says
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the perils of mario dragons one point five trillion euro blitz a disturbingly laura number of credit experts warn that the e.c.b. lifeline is not the game changer that the markets seem to think cannot in itself save the euro land and may prove counterproductive perhaps soon suddenly all these credit experts are thinking hey. all of this lending to the banks these trillions and trillions and trillions of dollars and euros and fake currencies around the world all of it actually may blow up because i'll bear to gallo from r.b.s. says drag east for on to eighty nine billion euro loans to banks at one percent for three years the l t r o is having all kinds of toxic effects which is disturb and giving that the financial times splashed a headline that the banks may draw down another trillion euros at the second l.t. are in late february well what they're not taking into consideration is that all of
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this debt is off the balance sheet and all the income is used immediately to pay off debts of bank of near and germany so germany has effectively to seize control of grace they've seized control of portugal they will soon be totally in control of spain and they're totally in control of the earl's own it's all legal remember they put all that bad debt off the balance sheet as keep interest rates at zero percent interest rates were to rise through three four five percent of course the game was over but that's never going to happen because there's no stopping the creation of credit default swaps and other derivatives that are used to keep interest rates artificially low so you don't have that risk so as long as they can create trillions hundreds of trillions of dollars of the derivative there you don't have interest rate risk you have political risk in the countries that are not germany germany doesn't have a political risk because they are europe alberto gallo from r.b.s. goes on to say that he expects five trillion euros more indeed leveraging by european banks before it's all over so anybody who thinks there's inflation
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is wrong however this is massive deflation which is often the predecessor to hyper inflation massive deflation which is used to keep interest rates at zero percent william flay should come along though because there is no. the tolerance for that in germany they don't like inflation the member why more republic there are anti inflation so they will continue to run the entire game with the they hold all the pieces home of board in the europe zone and when the dollar crashes then germany's going to own the dollar as well germany is the crew superpower here not china china is apple's keep manufacturing hub power per se germany is a natural powerful country but this five trillion euros deal leveraging in a deflationary environment cash is king if you have money you're happy many germans
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have huge amounts of gold many chinese have a lot of gold relative to their income so they'll be happy in spain in greece in the u.k. in ireland the citizen formally known as the citizen now known as the consumer they have a lot of debt. want a chinese people are unruly that's not going to going to serve them well in the currency wars their government is going to have their hands full but remember going forward that real burden of debt in a deflationary environment the burden goes up so all of these debtor nations isn't going to get worse now you and i have been to athens and we've seen that those people you know you can talk all you want about germany and how they are but they've got to contend with those greeks and we saw those greeks and. i have to say we were interest where as well and the people in athens were far angrier than
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during the egyptians during their uprising but reported on the zero hedge this past week greece is that answering re answering this futile period the economy is so crushed you literally have a nation of disenfranchised and then forming peasants who have complete inability to mount any offensive whatsoever and then i have a final headline here about greece i.m.f. official admits austerity is harming greece pole thompson head of i.m.f. mission in greece concedes that social tolerance and political support have their limitations in an extraordinary departure from the script to the i.m.f. is followed to date the danish the official who is also in charge of the i.m.f. program in place in portugal acknowledged there was a limit to wall what society would endure he said quote while greece certainly will
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have to continue to reduce its fiscal deficit so we want to ensure considering that social tolerance and political support have their limitations that we strike the right balance between fiscal consolidation and reforms as such the i.m.f. had cautioned against an excessive pace official of fiscal reduction so this goes with your theme that the u.s. and and germany are at the heart of this global neo feudal system when it was when these austerity programs were imposed fora way down in latin america or asia the germans and the americans felt and the french felt safe issuing austerity measures because they weren't anywhere near the peasants who would riot here athens a little bit too close i think to berlin you know their opportunity was last year to have a coup to stop and get rid of pap and then they could have been put in a populist government and they could to save themselves but they failed to do that so. it's finished for them ireland similarly is toast no help for them whatsoever
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portugal under the bus spain now italy they have twenty five hundred tons of gold if they can hold onto it they're in good shape but i suspect that the current government will sell that italy's gold oil is a deal with the i.m.f. because they're totally corrupt and this leaves only germany if at the end of the day well max this super committee of blue shirts i think we've decided on my part heart on the final say here christine legarde she was up at davos i think she had it right you know here we saw that greece is no longer going to have these austerity measures or the i.m.f. is afraid of it christine legarde also said and dowd knows that portugal spain all the rest of europe all these peasants they're a little bit too close to paris london and berlin and maybe they're a little bit too afraid of austerity measures here thought was thought more about that stays over thank so much being on the gaza report thank you max don't go away much more coming your way stay right there.
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lehrer welcome to the kaiser report and it's always a pleasure thank you all right so you're a bit of an expert in the area and one of the hallmarks of the i.m.f. and latin america we were talking about there in the first half was austerity which they used to call structural adjustment policies just before syria are the i.m.f. wants europe against implementing further us terry so what's going on here well it's basically you know they want to squeeze a little countries such as greece portugal and ireland especially but the big ones they're sort of fraid of they're basically afraid of italy and spain basically telling the i.m.f. and the e.u. to stuff it and exit in the euro zone all together and so that's why they're treading very carefully now they're doing this about face that oh austerity is great for latin american countries and for the little european countries but oh these big european countries like france like italy like spain oh no no no austerity is bad for them what we need is some sort of monetary loosening of some sort and that's where we have l.t.r.
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rose i mean we're going to have morrow is long term refinancing operations it's essentially the banks the central bank the e.c.b. is lending free money to the banks and they in turn are taking this money and using it to prop up the bond markets it's basically stealth monetization and this is what the united states did where ben bernanke he lent out as bloomberg reported seven point seven trillion dollars between loans or insincerities to the too big to fail banks now they took that money and invested it in u.s. treasury bonds now it seems that the l.t.r. o. operations are going on with the c b that are projected to on during the year two thousand and twelve which are expected to be about a trillion euros are going to be in that direction basically stealth wanted to zation and so what we're going to see is a continued to ration of the euro against the dollar as specially against gold and a propping up any muddling along of the european situation and there is gone. going to be any austerity insofar as spain italy or france are concerned so this talk
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about stare at it's just purely cosmetic and just for the headlines it's not real how can these organizations be so professionally and competent i mean if people go if you go to a doctor and you say no i've got a chest pain and he gives you a call and ask to pay you know henri amputate your foot and you would be rightfully upset and suing him then you wouldn't consider him to be a serious doctor but when you go to the financial doctors a christine legarde at the i.m.f. and they seem to be incompetent on this scale they seem completely oblivious to the reality of economics and finance what why either egg well why don't why don't people why don't they just revolt i mean this is work in the past why don't people just revolt i why are they putting up with this that's a good question that's the million dollar question i mean i think that basically these people are just dressed in nice suits but they're empty suits they're just fools for the most part or there are people who are so craven in their need for political.
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