tv [untitled] February 28, 2012 8:00am-8:30am EST
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damascus says it will defend its people and sovereignty from foreign pressure washer ring in the new constitution while suffering of blow over new sanctions from the e.u. . as a credit score is slashed despite the government's race to approve even more all stare of the cuts for the world bank warns the next financial fallout could actually be based in beijing and far worse. than home and away britain's criticised for cutting spending a home and sending billions of broad in foreign aid to countries who say they don't even want their cash. out business desk we're watching equity markets they hold on
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to gains but s. and p. downgrade to greece to selective default. deficit concerns are keeping investors on guard hoping the figure twenty minutes. just after five pm on tuesday here in moscow that this is our life with me will receive shame damascus has condemned the latest set of edu sanctions against the syrian government the country's foreign minister says economic pressure is only leading to greater suffering for the already beleaguered people of syria dozens of reportedly being killed across the country just on tuesday while officials hailed the success of a referendum on a new constitution in damascus. so as new constitution is now waiting to be implemented the majority of the people voted in favor of the new charter on
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sunday but it will only come into force after a presidential decree so well president bashar al assad in syria is getting ready with the papers the rot different preparations in europe french foreign minister in a speech to the un human rights council on monday in geneva where syria is dominating the agenda has said that the time is common for president bashar assad as well as all the syrian officials both civilian and military to face justice for crimes against their people france wants to see the regime before the international criminal court and urges for procreation is to start the draft resolution on the un human rights council condemns widespread and systematic violations of human rights and other freedoms here in syria the diplomats are expected to vote on this resolution on tuesday the un human rights council is also expected to call on syria to stop attacks against civilians here in the country and also to allow a free access for humanitarian aid to the city of homs and as well as other
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besieged areas here in the country the economic pressure from the national community to the regime is also increasing the e.u. has he damascus with its toughest set of sanctions yet they include more asset freezes against officials and impose restrictive measures on the country's central bank it's also maintaining support for the syrian opposition recognizing the syrian national council as a legitimate representative of the syrian people seeking for democratic changes recently russia's prime minister vladimir putin has said that meddling into other states affairs may lead to foreign intervention has also stressed that desire and attempts to democracy by force may and very often does the opposite effect. what is my financial reporting right what i mean to cut saudi arabia and our leading calls to start officially arming the rebels and reports that's already actually happening covertly but guards are based professor bush out of things the
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syrian crisis ultimately will backfire on the gulf states as long as they wished and america and conspiratorial countries are not happy with the performance of the syrian government they are going to create trouble for their people and it's to give the people more of the action against the regime and they're going to see that because of its role in this part as a power which is opposing those that i had which is a bit of the policies of the not states of america of the west what's happening to syria probably would put it to go to sway the idea about the qatar to the heart of baghdad of simply because their own people are not happy about the conspiracies and about that which they play in this part of their word. you're watching on the left from moscow are still ahead for you this hour police report suspicious activity. during the jewels of the united states to carry out acts of terrorism don't assume it was left by accident if you see something say something we break down america's transition from the land of the free to the land of the increasingly paranoid.
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its friends the israeli way of his neighbors begin losing patience over the country's and iran rhetoric. well another day another lowering of the credit rating and another vote on government cuts now the greek parliament is trying to push through more slashes to salaries and pensions to get the next e.u. bailout hole as ratings agency standard and poor's lowers the nation's credit score to quote selective default or the downgrade was widely expected because of greece's debt write off deal with private creditors it was part of the one hundred thirty billion euro bailout switched on monday was backed up by germany for the second rescue package in a little over eighteen months will ensure that athens can pay its debts for the time being but max a senior analyst at the investment advisory green quest capital says that cash
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handouts will not help the greek economy to get back on its feet. that greece is not getting bailed out creditors to greece are getting bailed out the reason that we keep hearing the term fire wall is because you're building a wall around the country letting it burn to the ground and making sure that folks who've invested in it residing in other countries don't see the fire leap the wall and get to them i think that the twenty percent unemployment the forty percent youth unemployment the regular rioting the hemorrhaging of the future of the dreams of a lot of people near bankruptcy or total bankruptcy of a significant portion of the country's industries the changing of the constitution to make debt repayment a higher priority than all basic social services we should be clear and most of the analysts aren't that what's being done here is you're sacrificing a significant portion of the greek economy in the hopes of keeping the rest of europe. and if you thought the impact of greece's economic woes was bad the world bank has a sobering forecast for china's fiscal future he says
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a beijing is heading for a slowdown that could have a devastating effect on the entire globe and let's get more details on this now and talk to our tease business that is a nick cool are joining us live on the program today good to see you nick so the powerhouse of china and the world bank of forecasting a downturn what does that mean well we had the analogy of an asteroid this time just when you thought it was safe to go back into the water an even bigger shark has been spotted on the horizon really what the world bank is saying is that without structural reform to its politics and economics. china will have a economic slowdown within twenty years now this is a little bit like the declining lecturing the emerging empire of how to conduct its business it might be also a lesson in how to conduct the same same mistakes what china as we know is a powerhouse so we also know that it's the biggest holder of u.s. debt if indeed the world bank is right over the next two decades china goes into a bit of a downturn how will that affect the global economy we know how greece is fairing at
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the moment will it be a bit more but no in greece much much much bigger but it may not have the vicious sharp teeth even so. the whole idea is pretty kate's really on the go it is europe in the us where you got the money to spend on chinese goods and. importing so much structurally china's central it's monopolistic and their one point three billion people in china and only about three hundred million of those have significant about seventy i'm not interrupt you but you talk about the issue of exports from china not being a big one with america and europe being big buyers of that but let's talk about the simple fact that china is the biggest holder of u.s. debt if china starts going down the drink then what does that mean for america and all this debt that china holds so it's all in question what happens to that which is that it's going to start devaluing once the us starts printing more and more money in order to try to alleviate. that it has actually recently be something that recognizes the value of it's going to tear it. so try the chinese when selling off
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the debt that is holding from america the last three months about thirty of them might be that must be a pretty tough sell. well it's not just for the markets certainly ok in that regard it's probably not quite as all that i mean. sort of. economy is going to take a while to sort of turn around when you talk about supertanker economies what about some of the biggest ones are the bric nations for example we've just had the g. twenty summit this past weekend the bric nations making a rather severe cold for a quest in the world bank what are they asking for well the. presentation in the sort of big financial bodies that govern the world bank's always been run by the u.s. the i.m.f. the europeans and they basically say we are now here we want a place not just at the top table we want to be you know sitting at the head of the top table because i know americans have held the top job in the world bank that was set up a at the end of the second world war and written rule do you think it's fair that
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the members of the bric nations are asking for the top chair or a high a chair with the americans also i mean the largest contributors. in that regard you'd have to say they have you know a right to have a substantial say he actually is often being regarded as an extension of just sort of u.s. foreign policy is just down the road from the white house if. the two things are working together. now if the head of the twenty nomination that would sort of soften that it would make it the less you need to look. like a more time for this pull business editor we don't have any more time but thanks for coming on the program. now is still ahead for us this hour here on our cash flow controversy. here wants to be treated as a world power india wants to be treated equal india doesn't want to be treated in the more as a little child being told my mother how to do things the u.k.
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sends a steady stream of money to india while cutting public spending at home even though india says it doesn't even want the cash. now at ten minutes past the hour here in the russian capital the un's atomic agency says it can conclude whether iran is trying to build a nuclear bomb because tehran refuses to cooperate over the country's envoy to the i.a.e.a. has questioned the agency's impartiality and says it is influenced by the u.s. in an exclusive interview to r.t. assault on a filled in the blanks over iran's nuclear program following the recent visit of the inspectors a finale a preview. we are warning that couple of course does include the united states is trying to run day agency so that they can dictate from washington what a d.n.r. should do and that is why we don't not permit such a thing to occur and that is the whole issue that the agency as a professional technical organization should do its work and that is why you see
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they make meet so many noses here and there they do not let the agency to do its work and that is why we want to expect all countries including russia and others and i'm very pleased that the last meeting in fact russia and china ambassadors along with a hundred counties of nonono movement all together questioned what had to happen in fact namely the least of confidential information that we needed mobilization our member states to prevent something happening in vienna which did you raise this agency from. that is what we need but i went on. and you can watch the full interview with ambassador in about one hour's time right here on artsy. fartsy israel which has been threatening to attack iran's nuclear sites now says it will do so without warning officials in israel say they will keep washington in the dark to avoid any pressure to prevent
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a strike and its arteries are in a political reports the strong and hiran rhetoric isn't winning israel many friends in the region. love their neighbors as the biblical saying goes but in the case of israel there is not much love lost between the jewish state and the countries closest to it while the third is in jerusalem fierce and feyerick is a she said iran some wonder if they're empty tehran frenzy they may have overlooked other troubles brewing much closer to home to. the roots of euphoria as. the result of slow activity. there is no terrorist activity. other than the hamas. the gaza strip. in fact the post conflict has long been a source of problems for the israeli government but recently seems the issue has all but been forgotten some believe this blinkered approach may end up having dire and explosive consequences for israel with the rise of islamic tendencies in the
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wake of the arab spring states which until now have been tacitly benevolent to what israel may do it turned around in fact such changes already evident in egypt the muslim brotherhood which holds the majority of seats in the parliament has already threatened to break peace accord but this israel as a response to pressure from the us. and. it's even worse egypt when they go tremendous changes egypt will stand behind hamas one day hamas may attack israel as it did in the. two thousand and eight the question is how would egypt react to such a conflict that i think is an imminent threat iran is not an imminent threat. but could also be an imminent threat some believe is the situation in syria which seems to go from bad to worse with every passing day. controlled by decentralization in the messages means. the presence of terrorist groups that
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may operate the good steve israel meanwhile israel's most placid neighbor jordan may seem to be a bedrock of stability but experts say that isn't so because the media the neighbor to be used it's a country that israel has a peace relationship with it also has the longest border with and i think it is most vulnerable to. destabilizing influences from almost everywhere else spillover from syria spillover from iraq there are very serious problems and jordan one look at the map is enough to show that israel's position in the real. could be described as potentially problematic at best however israeli authorities seem to be less concerned with reinforcing good relations with neighbors or preparing for those relations to worsen instead of the absolutely continue to confront iran with the worst words for now in tel aviv it is right.
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and there are two dot com where we report on the behind closed doors discussions between israel and senior u.s. officials israel says that it won't give us a heads up on any potential attack on iran to shield washington from. also online about to dot com. leaving a nasty taste in americans mouths by training young people. and they certainly believe so find out wired dot com. and joining forces with three of a five russian presidential hopefuls met for a new type of debate this one being grilled by journalists instead of fighting with each other and much more.
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you know ten minutes time is corrina with the business but for now presidential authorization for the military to detain terror suspects without charge or trial has left many americans wary washington says it's beefing up national security as part of the war on terror but critics say fear mongering is dividing not uniting the nation as a tease or in a port nine out reports. the united states of america is home to over three hundred thirty million people we are a country known for freedom. that was then this is today it's. a sure report suspicious activity of the authorities the land of liberty is fast becoming known as the land of fear and suspicion there are individuals in the united states who seek to carry out acts of terrorism a post nine eleven slogan born in new york city has been adopted nationwide don't assume it was left by accident if you see something say something this see
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something say something american campaign depicts terrorist scenarios that encourages members of the public to keep watch on well other members of the public according to f.b.i. pamphlets distributed to local businesses potential terrorist activity indicators include always paying with cash wearing backpacks in baggy clothes and the discreet and prolonged use of cameras for note taking even the cyber cafe owners are encouraged to keep watch on any customers overly concerned with privacy even just trying to shield your screen from others can make you a suspect. questioning government policies or making anti-war statements can also land citizens on the u.s. watch list as of two thousand and nine the u.s. defense department categorizes public protests as a low level terrorism we live in a military dominated society. the people who are on order of.
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terrorism is a threat you know on nine eleven has created a level of fear has been exploited and. sustained the n.y.p.d. under fire again for its intelligence gathering campaign involving a muslim americans and illegal surveillance scandal erupted in the big apple after police officers were caught spying on mosques and muslim communities according to the associated press thousands were under surveillance with no evidence or even allegations of criminal behavior we have to keep this country safe this is a dangerous place many of the u.s. fear that with america's escalating definition of suspicious activity the government's expanding powers remain the biggest threat to the people security burning up or not artsy new york. or let's go to the r.t. world update for you here are some other international news for you in brief a gunman opened fire on a bus in northern pakistan killing eighteen in injuring seven of the victims were
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from the country's minority shia community the ambush happened in a mountainous village in a district dominated by sunni tribes already other taliban has claimed responsibility. for an explosion at a chemical plant in northern china has left thirteen people dead and forty others wounded at the blast flattened nearby buildings and shattered windows and surrounding houses tremors caused by the incident could be felt in several nearby villages at this point still on the scene rescue teams. bailiffs and the police in riot gear have cleared the occupy camp in london a high court ruling had allowed the paul's cathedral site to be taken down twenty arrests were made as protesters tried to prevent bailiffs from moving in by the demonstrators have been camped out since mid october it was one of the largest or longest surviving sites of the occupy movement against corporate greed.
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london's occupy demonstrators may have been sent home but a new wave of nationwide protests could soon be on the way taxpayers are making their voices heard angry that foreign aid is still being sent to india where public spending continues to be cut at home and despite new delhi dismissing the hand out says quote peanuts the cash keeps flowing as artie's laura smith reports. whoever wins these streets they're getting used to the angry pounding of feet with demonstrations large and small a regular sight don't spend our money on foreign wars don't cost top public services these people are saying but although the government insists the cupboard is. still sending millions to india one of the fastest growing economies in the world is absolutely crazy really and foreign aid of course is one of the few areas of the u.k. purchase actually increasing substantially if the next three or four years they
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could make a huge difference if it was for example spent on tax cuts for low paid workers or you could make a huge difference if it was spent in the right three years ago. which makes you nervous but just that. billion dollars. to india which now has more than britain to the indian economy will grow by seven percent this year compared to a measly one percent here it's already got the ninth largest gross domestic product in the world and it's got the space program immense wealth rubbed shoulders with crippling poverty and defenders of the aid program point to india's six hundred million poor people living on less than two dollars a day the government says the aid is kept really targeted investment into education
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for women and children and helping the private sector create jobs and growth it is wrong to portray this as an indiscriminate amount of money being given to the indian government who could go and spend it on. space or indeed other things this is a very concentrated. targeted a program and i think on that basis it is being targeted at some of the poorest people in the world. i'm happy to defend the aids concentrated on the three poorest states in india but if the government think that'll help it reach its goal experts say it's mistaken the problem is. particular have also got some of the worst problems with corruption and poor governance in india i mean that's one of the reasons those are still struggling states is because they have a very bad government so the idea that somehow this is going to be different this time is different though it's only in the fact that the indians have said they do even want the eight the foreign ministers dismissed the monies paid us and the
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recent decision to buy french rather than british fighter jets shows the cash doesn't even matter according to indian journalist. he says it's up to the four hundred million wealthy indians to help their impoverished country men not patronize ing post-imperial britain we are showing how good we are this is the way to do it and this is what you should be doing in fact it produces the opposite effect it makes them resentful it makes them feel they're not taking indian seriously india wants to be treated as a world power india wants to be equal india doesn't want to be treated any more as a little child being told by mother how to do things within a decade economists predict india will take in the case become the world's largest economy. stagnate its time stay commentates is for britain to build relations with the new powerful india before the eight needs to start flowing in the direction. r.t.
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. r t has come here live from moscow russia is gearing up for the weekend's presidential election by rolling out the technology now webcams have been set up in nearly every polling station all across the country is to ensure maximum transparency after last december's parliamentary election triggered allegations of vote rigging. reports. the video that went around the web alleged a merry go round of voting prevented at one of moscow's polling stations during the recent parliamentary election he is among those on the recording he claims for a promise we want from the city district of tories he was given ten completed ballots to stuff in the box in favor of a certain party little did the alleged plotters know i was a journalist on an undercover mission yeah i was shocked by the cynicism of the situation i mean what's the point of the vote all the other if they could easily
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give out filled out ballots to whole groups of people scores of similar videos have been posted on the web pushing tens of thousands to protest many cases are under investigation but to prevent a repeat during the presidential vote this sunday nearly all polling stations across russia are being equipped with the web cameras but the idea is not only to prevent stuffing them but to show on camera the results in each polling station and they could then easily be compared with the final figures on line this is maximum transparency committee. each polling station is being equipped with cameras one with a gentle shot of the mount box and the other with a cool simple this launch all videos will be fed to good reader centers as your computer processing will then be sent to seven more storage and distribution for. radio and satellite these centers will then broadcast the information to several
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want. everyone to watch online these are the servers where the data from all the web cameras will be processed to rolls and rolls of heavy duty forward in order to walk around five hundred years of information that so always thought he would take to watch all the videos from beginning to end. moscow. now let's get the latest market news with the creator of the business idea what's up with the latest ups and downs today hello again rory well markets are fluctuating let's see what's happening first in europe the e.u. they're holding on to gains but investors aren't dissipating that the european central banks second round keep long term loans on wednesday would ease balance sheet pressure among banks down here in russia markets started on a brighter note but you raised earlier gains in the afternoon both in this is trading in the red this hour let's check on the major moves on the minds at this
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hour roasting at slower after receiving. resolving its oil supply dispute with china one that in just a moment tech firm the tronics bounce back from early losses and is among the main gainers the company said it's going to the list from the russian market and discount retailer dixy is lower now although it gained earlier it announced eight percent sales growth in january year on year now checking currencies now the u.s. is getting against most of the current season that's up to germany's parliament approved. greece's bailout package and that eased concern over euro debt and the russian currency is extending previous gains against the dollar now trading at twenty nine and against the euro it's trading at thirty nine this hour. futures are in the red snapping a recent surge that we saw eight days but continuing concerns over the middle east
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