tv [untitled] May 14, 2012 4:00am-4:30am EDT
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the outgoing president insists his government is in control of the country's security and foreign policy in an interview with r t nato and its allies increasingly consider pulling out of the conflict amid a surge of violence. murky money and the monarchy queen elizabeth's causen gets half a million dollars from a fugitive russian tycoon raising concerns over how he might benefit from his generous gesture. syria's violence spills into neighboring lebanon with deadly sectarian clashes as fears grow in syria itself that extremists are driving the country's deep divisions.
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thanks for joining r t this monday it's twelve o'clock here in moscow and there certainly has been a surge of violence in afghanistan with eight nato soldiers killed over the last three days and a top afghan the go shater shot dead the escalation comes as the country prepares to take full control of security in more areas and a week before the nato summit in chicago tusshar so are reports that alliance support for ongoing involvement in the embattled nation has never been lower. afghanistan oktober two thousand one nato led international military offensive in response to the september eleventh attacks in the u.s. largely backed by international partners more than a decade ago. now after tens of thousands of casualties and hundreds of billions of
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dollars later. this will not be quick or easy. one thing that's not keeping pace is support over seventy percent of the population want our troops out of the figure is rising in the u.s. sixty two percent last week want to see an end to the war and this is what it's come down to nations breaking ranks with nato by deciding to pull out troops earlier than planned france the fourth largest contributor of troops to the war saw a rise in ante natal rhetoric in its presidential campaign season with most french in favor of early withdrawal and australia is the latest nation to make a surprise announcement raising the question of whether more will follow suit a potential sticking point at nato summit in chicago no not at all concerned. should we stay or should we go that is a question several members of the alliance for france australia have been moving over ten years into the war the galveston but for some of them the answers already
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foregone conclusion as it has become increasingly difficult to justify staying on board what some have already dubbed a sinking ship the security in afghanistan is worse now than it was ten years ago when when the invasion began not to mention justifying the cost of war to skeptical europeans who were already in over their heads with debt the afghan war after ten years it's hard to get these out of the fact on all the countries connected to it but the clearest way to bring not to the clearest way to stop the war spilling over the borders into other countries and the occupation know the advice that should be given to older men. the powers that. work in afghanistan is to get out as some appear to be rushing for the exit nation when the u.s. may find themselves wondering who's going to be the last man standing as the water rises does or still the r r t. ghana stand situation remains
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alarmingly volatile its president seems confident in his country's ability to control its security and foreign policy are to talk to her meet karzai about the challenges the full interview is here later on today here's some of what's ahead. constantly in a strong did equated it to do we'll with park style and with our other neighbors but at the same time with this it's the complicated relationship between the united states and islam about the years they do have an impact on us and afghanistan is affected by it both ways. from the from approx thirty perspective and from an american perspective but we have issues we don't see older nations with parks them from the american perspective we don't see your delusions with iran from an american perspective we do as with a child with china from an american perspective of ghana's than hers been able
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in spite of all our needs if i could put it in short words in spite of all our dependence on the united states and nato we have developed an independent foreign policy. it could have been the simple tale of one friend helping another except the two in this story are a fugitive russian oligarch and a cousin of britain's queen elizabeth london based bodies but is off scale has given prince michael of kent more than half a million dollars of financial support raising questions over what a wanted man in russia wants and return ivor bennett takes up the story. the two men are said to be very close but were these payments just a friendly exchange or was there something more to it both sides have been very keen to play down any shady implication here stressing that everything was above board has come out and said that there was nothing underhanded or call that just
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a matter between friends and prince michael of kent who's the queen's first cousin their fathers were brothers his spokes person has said that everything was conducted properly and all the appropriate tax was paid on these payments there were fifty six payments made in total over the years between two two thousand and two and two thousand and eight to one of michael's offshore companies amounting to a massive three hundred twenty thousand pounds so over half a million dollars and serious questions still remain over these cash payments such as what was the money used for and why was it needed neither the questions answered so far by either party lawyer however has said that his client client neither saw nor obtained any benefit from this friendship however it's certainly worth noting here that at the time of these of the first payments was and still is . on the run from the russian government he used to be one of the country's richest
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men he was highly influential but in two thousand and fled to the u.k. after an investigation was launched into his assets so aussie was seeking us political asylum here he was actually convicted in russia in absentia in two thousand and seven for embezzlement he's been living here ever since. and obviously was in his interest that he should be allowed to stay in the u.k. despite numerous extradition requests from russia now he said there was nothing in it for him but the fact that substantial cash payments were made to a member of the royal family here certainly begs the question why were these payments made u.k. based russian t.v. producer alexander. there is growing anger in britain at all for refugees using their status to interfere where they shouldn't. the year reign to the huge human prince michael probably would be very confirmed concerned about what issues will fair and i think that is. it will do all the girls who have spotted that they're
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pretty soon it's yet the american journalist told me that actually referring to that article. well i didn't know that the cost of windsor takes blood money so that is the bane of many people life for work with many in brief not being offended with with people who are you know using their position using their streets or so they refugee to to basically bring involved to the political and the rest elsewhere who will use in that simply as a leverage and i think that it's not going to reflect very nicely appointed by the prince michael or mr berezovsky so had on r t the euro choice for greece austerity or amputation. the only way to solve the problem is the how radical change in policy of austerity cannot continue athens and other bands and it's euro exit gets closer as our tax cuts parties hold out from a coalition citizens e.u.
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markets why not. come to. find out what's really happening to the global economy with mike's cancer for a no holds barred look at the global financial headlines tune in to kaiser report. thanks for joining r.t. it's eleven minutes past the hour and deadly sectarian violence linked to syria's on ras has shaken neighboring lebanon and its northern city of tripoli at least two people have been killed in clashes between sunni and muslims opposed to president assad and alawite supporters of the syrian leader. syria claims it's being targeted by terrorists alliance comprised of al qaeda and elements backed by regional powers countries but enduring a series of deadly suicide bombings the deadliest came into mass chaos on thursday
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claiming fifty five lives and our sara firth reports there is a growing sense that a third power is creeping into the civil conflict with its own terrifying agenda. it was a little known terror group the al nusra front they claimed responsibility for last week's massive bombing in syria the blast carried out in a busy residential area designed to cause maximum damage damascus which the so long had been through and they sheltered from the conflict throughout the rest of the country as in recent months found itself the target of an increased bombing campaign this latest explosion considered the largest one and you can just see the devastation that it's caused it. at the scene angry crowds at the quite them as terrorist acts shouting blame at saudi arabia and qatar is blame that many analysts saying these countries actions are
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undermining the peace process if you do or stop what the supporting of united states of america and saudi arabia are supporting guns to the polls. everything will be finished within two months but if they want to continue supporting them they want to. be in the region treading amongst the rubble as people show us the ruins. and what is one of damascus is for its neighborhoods as a real sense of a revolution. was there is uprising began as a peaceful pro-democracy movement that is splintered into a confusing mix of various groups political a nonpolitical. and the continued instability here left the country wide open to attacks like this taking place. it's a plot problem it's a dilemma for the syrians that their policy
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a very easy provided the chance for everyone to win the world to interfere and this. i there by providing arms of providing five songs providing fighters and soldiers and terrorists as people left to bury their dead and with the hospitals full the syrian people are once again trying to rebuild their homes and their lives and the focus has once again turned the on going peace mission which is looking more and more fragile by the day a wall is now in place around the blast site a stark reminder that terror has served only as yet another barrier to peace here. surface. in arab countries where a revolution did take place there are now questions about how much they are actually following a democratic path egypt tunisia and libya recently barred anyone involved in their
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topple the regime from taking part in elections as well here in just about fifteen minutes our media monitor sharif nashashibi says the move opened the way for further conflict. with electoral laws are doing in a way just the same as what those regimes that was barring candidates from running and that is inherently antidemocratic. you should give people the choice. you should be able to gauge the level of support that the officials from the full review. if they don't have any support then let them fail electoral rather than make them political martyr and this could create the kind of instability. and extremism. greece's bailout pact with its international lenders is proving to be an impossible obstacle for the country's party leaders the latest bid to form a coalition a week after the election is still far from
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a done deal and talks will continue on monday the far left have ruled out any deal with proles bailout parties saying they don't want to be partners in crime and brings greece a step closer to new all actions as the political deadlock casts doubt over its euro zone membership the e.u. has indicated the only way for athens to stay in the club is to stick to the bailout agreements greek journalist and lecturer but i got this sorted is says default is guaranteed on the country's massive debts and loans. i think the only way to solve the problem is the color of the gold chains in turn this is austerity cannot continue if you know it is a choice between austerity and democracy the people have rejected the terms of the bailout agreements they have rejected that there is a little or no agreements they want a radically different their policy how worse going to get we're in this the year of
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the recession we have unemployment all are doing two and thirty two percent there's no exit. exit strategy a. big bull are in despair and this is or should have been the last election this worst was expressed this social diverse station took a political stand the question is not whether or when greece is going to exit but how i think that there's a difference and an exit from the euro zone practically inevitable. as frustration fuels protests across europe thousands in spain have returned to the streets of madrid just a day after police force them to vacate the capital sport but they'll sell area eighteen were arrested early sunday morning for refusing to leave and a total of seventy two thousand people rallied across spain over the weekend a similar movement happened last may with spaniards setting up nationwide camps that lasted for weeks. and aircraft with twenty one people on board
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has crashed in the himalayas fifteen people are confirmed dead while six critically ill survivors were pulled from the wreckage it's thought technical problems on board calls the plane to hit a mountain as it turned to land at a high altitude airport in an aerial popular with tourists it's the second crash involving the same local airline within the past two years. mexico's drug wars have taken a gruesome turn forty nine to capitated and mutilated bodies have been found on the highway connecting monterrey to the u.s. security officials suspect the forty three men and six women were migrants heading for the states and may have been killed days ago then dumped near the highway mexico's drug cartels often leave multiple bodies in public places as warnings to their rivals. final preparations are being made before a russian site use rocket soars to the stars with an international team of three on
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board so it's not as shuttle fleet retired last year the u.s. has been heavily relying on the russian spacecraft in the go met the crew and their families as they count down to blast off. it's the wilbur hurst routine for people working at the baikonur cosmodrome top level security precisely worked out procedures and improving prepared for takeoff for two crewmembers who had. towards the eyes as on tuesday this will not be their first trip towards the stars but their family members who are left behind on terra firma still cannot help but get butterflies every time their loved ones take off for american jew a car but it's a blast off number two but his relatives are no less anxious a colonel reassured by the looks of that rocket behind us in the manner in which they appear to be doing this it's sort of reassuring that there are some pros do in
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the war that taking care of myself commander is a man with a lot of experience under his belt eight spacewalks and five missions go a long way towards taking an assist trip in your stride. good the rookie to use a run to the ferry but i'm really grateful to everyone who did in excellent job. so what's involved in becoming so calm and collected before space mission training of course but also a whole lot of patience generally cosmonauts have to buy their time for years before getting the chance of a date with the stars. always nine years that i've been waiting it's been training and learning it's all you think about tests and learning like eternal students. perhaps that's why those who do this regarded as a truly stellar experience first starting from. training in russia different
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sized crew for a different mission a long time on space station so the whole thing is is a completely different experience of course of course being in space and seeing the earth from up there and working in a way also in baikonur. our team. and on our website we have details of a sky high or better that's fixed firmly to the ground orbit is the name of this roller coaster style sculpture built. mark the london olympics although some are just seeing red rather than beauty take a trip to the top of britain's tallest monument at our teeth our car. also there promising to love honor and bellowed the first somewhat unusual wedding for the officially recognized church company me as out of his congregation sees file swapping as sacred.
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all right it's twenty two minutes past the hour and it's time now for the business news we have to me tree harris so the markets keep falling and falling is there any hope for a change of weather well a change of weather could mean many things karen but some economists say that we're in for a perfect storm which could kick back the u.s. economy back into recession and lead to the split up of the euro zone and that's according to new real ruby the economist known as dr doom he says the factors involved are not only u.s. and european problems but also the chinese slowdown and of course potential conflict in iran we've got steam jacobson on the stand by steve you're the chief economist of six a bank thank you very much for joining us what do you think of this this prognosis all we in for yet another pitfall. well the thing or be nice
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a little late as we called our q one the perfect storm so we already had that theme last quarter i think what has happened since the first quarter is really that the political situation is getting out of control and that's in treme important for both the market and the outlook you just talked about because that really in my opinion free individual pieces to to a crisis there is the economic situation which is just getting from bad to worse than there is to flip the situation we're just moved into a freefall in my opinion and then you have to stock market an evaluation off the stock market the last thing that needs to react is the stock market so i think in some to some extent is only natural that when you have. to tell when the economic situation when you have increased political turmoil if you seen reflected in the european elections then clearly you will need to see valuations come down you can
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only keep the stock market elevated for so long when the underlying fundamentals as we can say are right now so how much time we go before it hits us. well i think we are any nation faces of the correction here however i'm not as doom and gloom as mr roubini in the sense that i think that what we have to remember is that to mike reconning need you as an individual for s. and p. five hundred think about it it's five hundred individual companies starting business every morning trying to be rational trying to make a profit so we do have to remember as investors then when the biggest amount of noise is in the street that's when we need to start picking up some some cheap stocks but we are far from that level yet in my opinion the political turmoil we're seeing is what i call the face to offer free face crisis model the first one being face one which is denial we think it's everybody else's fault it has been greece's fault for every single politician talking in the last two years face to the
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protests as you see in francia seen in spain you see it in denmark you see it in finland you seen in the u.k. we have protests need to sit in government and then finally we move into what i call the mandate for change the face three which is where we just standard valuation of stock comes down but also where we are getting closer to some sort of solution because we are so fed up with non-solutions that pretend and extend policy that we almost by force need to get this change in environment steven stamkos sees a global corporate in the next five years amounting to forty six trillion dollars well banks apparently not ready to hand out this kind of cash how's this going to work out do you think. well if you want to look for the construction solution it will be you and i we have in terms of private savings the biggest savings in history relative to g.d.p. of course this is mirrored by the dissaving of the public sector so from a macro perspective solution is pretty simple you need to incentivize the private capital to take part of the solution for the public sector that will needs to be
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done through to billiton for losses when you do interest capital but you will increasingly see in particular in europe that the individual companies will issue debt and you and i would buy the debt with some sort of a discount enabling us to to take it as a high risk reward so that banks is not going to be solution everyone looking for the banks to be safe saving the world or any politician trying to save the world i mean i always put this when i make speeches listen macro policies everything central banks and politicians do is by definition wrong the only thing that keep the economy going and what will make this crisis go away is individual is a micro economy we need to look to incentivize the market economy and through that we will come through this storm what if we take a bit of a larger scale take the country you and i work at work with work for russia i was a going to be affected in this whole situation. well of course on the demand side
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from the rest of the world in terms of energy consumption it will be notching slightly. downward spiral not massively because on your saturday creations you have the demographics you have to factor the world is getting bigger in terms of capita g.d.p. and as the g.d.p. expands on average in the world of course the energy consumption goes with it having said that i think i have personally been very disappointed in the incoming new government i thought that this whole day leading to the russian election would lead to a new russia and new emerging exactly handing over popular handing the public sector over to the private sector so what rationing is not to do with the rest of the world what russia needs and its place in terms of economic growth will come from what russia does all right steam jacobson thank you so much for your time that was the chief economist of stocks over and talking to. and that's all we have time for we will be back next with an update of the markets that we don't have time
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