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tv   [untitled]    May 17, 2012 12:00pm-12:30pm EDT

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tonight make up or break up britain's prime minister issues a stark warning to the eurozone to take action or price collapse. david cameron vowed to keep the u.k. take whatever happens but insists it's in britain best interest for the common currency countries to sort that problems out. syria releases the names of alleged foreign terrorists in its custody is the rebellion gets boosted by arms from abroad while suffering a split at the top but. it's all the ignites the palestinian conflict by sending gaza as it pushes ahead with efforts to barricade itself from its increasingly frustrated i would the neighbors.
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right now your moscow welcome river your joining us from the world you're watching r.t. with me kevin no in the first britain's prime minister says the eurozone is running out of time to solve its crisis david cameron told business leaders that the beleaguered single currency countries are at a crossroads which demands an urgent action to avoid sparking a global depression here's our london correspondent laura smith. he used these words that the eurozone has to make up or break up essentially what he's saying is support greece or see the euro zone fail he's calling for years and states and institutions to step in and help greece to support these require me to not just wait and they see as well as i say these are stronger words than he's ever used before he explicitly said that germany must do more about three or more tricks of the euro which is according to him a sort of rigid system that looks in any. terms of what
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a country like would normally do if it had its currency would be to see value but inside the realms of the euro that's just not a possible option for them so cameron is saying that stronger states must be help help the weaker ones and he also said that the logic of a monetary union urges more political cooperation so that it takes an electorate responsibility from all the countries to help out the weaker ones that this sort of fiscal burden sharing that he's talking about and also a supportive monetary policy amongst all the countries in this people are very quick to say that of course the u.k. is not a member of the euro zone in syria no been a sense what business is cover and have particularly to criticize countries like germany and france when when the u.k.'s economy isn't necessarily involved but cameron's message today was that he wants to see the euro zone succeed because it's in every country's financial interests to have strong economic neighbors david
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cameron sees really his job in all this to keep britain safe as he says he says it's in the u.k. interest to have these stable neighbors david cameron's message really is that he doesn't want greece to drop out of the euro zone experts are now saying that if it does happen then it could cause ten years of global depression this sort of turmoil in the financial markets that will be got over quickly also of course he will be able to get the very austerity that is at the moment failing in the us is the same . he is pushing in britain and also trying to push to other european countries as well so it's a politically very difficult position for him to be in what we're seeing increased at the moment is a new prime minister who's of course the carrot caretaker prime minister up until a new election can be held on the seventeenth of june and there are huge fear is that the greek people will ultimately lead to your thirty government and if that happens it means that they won't have access to any more bailouts from euro zone countries we're seeing hunnicutt with drawing from banks in greece and that's not
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just happening in greece we're hearing reports that it's happening in spain too and it could possibly spread to italy there's been the recent nationalization of one of spain's biggest banks banks here and reports that spanish people have also withdrawn a total of around a billion euros just in the past few days from those banks so the fear isn't that without the without greece the euro zone would collapse of theories that greece is leaving would create a sort of house of cards in fact whereby everything else would fall down after that and of course this is against a backdrop of huge political differences between the main players in this new french president francois loans is very anti austerity in fact he's going to it says he's going to increase spending in france i believe merkel doesn't see it like that at all so we've got a lot of political wrangling from these major players who according to what david cameron said today are the only once you could potentially sort this out a lot of correspondent there will greece's caretaker government been sworn in after
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repeated coalition talks fall apart another election next month is likely to decide now with the greece stays or leaves the euro economist alberto mugabe previously just failed to deliver real reforms to its people. the european health already have tried to push osteria in greece and like with a hammer but at the very same time he would was accomplished in greece in terms of the leader of men legalizing dollywood market capping the size of government capping a thing who has very little doing this to me i think at this point he's highly probable that police will exit the euro in the next few weeks and it may cause a domino effect you know the mediterranean counties or to gold spain eventually to lead to europe is suffering a very strong lack of leadership and a lack of vision the quality of do all those in european countries know that it's not very high and they really mismanaged the crisis dated
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a few just to see the euro for when do you who was which is a monitor in a stead they wanted i mean basically you had to beat it george and of course to where it's utopian unification now we have exactly where the a lot of us at this point if you love need to save itself you have needs to avoid into some kind of a transfer you you know i mean moving money from the pockets of preach europeans to germans basically to the pockets of poor european football is that of course i'm in german voters are not going to be alarmed. i'm coming to freakonomics journalist at the to check reports he admits that grace cutting himself loose from the euro won't be easy and athens may yet be in for work says somewhat we'll hear a bit later this hour. people have been modeling what a greek exit from the euro zone would look like for the best part of a year politically and economically politically even those who are in favor of greece leaving euro zone. they would accept that it would involve beyond being
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straight people it would mean banks would. be the a.t.m. to not be working it would mean that people be stopped from leaving the country especially with this forbes of euros in their back pocket because they come to the bend stop all happy for the country and to maintain a great high level move so it would feel perfect and like a country with more fuel for. the question all in the saudis really for the rest of the euro zone if the euro zone can say to threaten to financial markets look greece is leaving but we all know it greece is a special case you know behind our hands will say it's a bit of a basket case and actually its problems are not the rest of the euro zone that's what they really mean by an orderly exit if they can convince everyone that greece is leaving because of greece not because of the euro i don't think now the markets could buy that. so
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hopefully this giving up on going after the good life explain why method to the grim situation believe america and what it could mean for the country's economy. the syrian government's release the names no village foreign terrorists it claims to have captured on its soil twenty is said to be arabs who confessed to working for al qaeda the list also includes french and british citizens washington denies being directly involved in smuggling arms to the syrian rebels media sources said the u.s. is coordinating support through qatar and saudi arabia is reporting last night the rebels admit receiving more weapons but also have a leadership crisis to contend with as well now the country's opposition hold a nation committees have slammed the exiled syrian national council as a failure the s.n.c. chief says he's stepping down british based journalist bill clarke thinks the opposition's lost credibility. the syrian national council we knew before this week that they were very fractured in divided opposition only thing that unites these
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people is their hatred of the regime and these are the very people of course that the west wants us to believe are a government in waiting and it's quite clear that these bunch of jokers couldn't run the corner shop i mean if they were put in charge of one shot they'd be arguing about the price of coffee and the idea that the s.n.c. can actually replace it's heartbreaking the ludicrous and if they really have the level of support they claim to have that they claim that they've got over sixty percent support it why did they put their names for the elections of us we can see here we've got a democratic framework to solve the domestic problems and through elections president assad has said that the elections last week so why aren't the s.n.c. tendulkar in those elections if they really did represent the majority of syrian opinion usa and saudi arabia and qatar has been involved in trying to destabilize the damascus regime and bring about regime change and they're doing everything they possibly can to destroy the peace plan millions of dollars of weaponry going into syria and backing terrorists u.s. forces british forces and french forces were training terrorists and
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a sad course is in turkey to fight the regime is all about regime change and of course the plan is to topple assad and get in a more progress to the regime in syria syria's president's rounded on the un peace plan for failing to stop civilian bloodshed more than a month into the ceasefire now violence remains high and red television appearance president assad told the russians will see a twenty four news channel that is countries fighting for a mercenaries masking themselves as the free syrian army. it's not only for the west always tries to find puppets for itself syria has never been down to that on any issue they've always done that so they're trying the same with this conflict the new e.u. sanctions are felt more by ordinary people in the economy when they talk of boycotting syria they mean a boycott only by western nations kofi annan plan is not only aimed at stopping the violence it must also help people to return back to their homes where they were forced out by terrorists this plan has to stop the smuggling of weapons and the
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funding of terrorists it must put pressure and hold accountable other states openly claiming that they will support tension in syria if they only talk about violence coming from the government side and not a word about terrorists. to r.t. dot com a tell me one for more the day's top stories and these are a few you might be interested in tonight moscow police dispersed yet another opposition camp angering the protesters find out where the activists are heading next on line also how could spoil a priceless wonder of the world ancient babylon is threatened by iraqi plans to extend a major pipeline we got the details on that online tonight at r.t. dot com also to watch the pictures of the olympic flame being handed over to the british olympic association and streaming our our dog these are the latest live shots he said no one wants more of that you can on our website right now.
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israel to nine reports that its army shelled parts of garza wounding several civilians the claims come from palestinian doctors who say they are treating the casualties the latest from the middle east correspondent paula slayer. here we're being told that anything between four and seven gazans have been hurt in this latest israeli artillery fire in northern and eastern gaza two people have been taken to hospital but we've been told that ambulances as well as emergency vehicles are still in the area now according to palestinian sources there was somewhere between six to eight israeli tanks and bulldozers that entered gaza and according to eyewitnesses the soldiers started firing indiscriminately on farmers who were working their land also being told that the borders was started bulldozing those
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very same plots of land speaking to the israeli army vote they say that they had not heard of any injuries they say that the israeli army is nearly conducting routine operations inside gaza but certainly we do understand that the israeli army is still inside gaza where we speak now tensions in the area have been running high for civil weeks now every few days one hears about rockets that are fired from gaza into southern israeli communities and every so often there is a flare up in rhetoric from the israeli signed in terms of warning the gazans that any israeli operation in the gaza strip might not be that far off in addition is all is building walls along its borders with its arab neighbors it's essentially barricading itself in according to what many critics say it's been building a wall along its southern border with the sinai and with egypt it's also recently began building a wall in the north along the israeli lebanese border and this is in addition to the wall it's building in the palestinian west bank. a lonely house on
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a hilltop tells the whole story of palestinian plots of land passed down through the generations now under threat i don't read a number i don't want. i want my gran and for his insistence almost paying the price is small papa she is on the wrong side of the wall tel aviv is building between israel and the palestinians and what was once or more was part of a larger village he'll soon be cut off from it and alone on the other side from this i fear for me the. israeli tractors have already for eight months been building the prison or refers to digging up the ground around his house the plan will see his home cut off by a five meter high electrified fence and a tunnel monitored by security cameras will connect him with a larger village after. the experience for the around. this this this road and go for in the tunnel and go the rest of the tunnel and go the village
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the side she's got all this tunnel two hundred fifty meter. this tunnel. ball for this five million on hundred thousand one million dollars just to build the stand for just only one family. for a decade already israel's been building a wall that cuts through the west bank these raby states for security but palestinians complain it saves them from their land and communities the leadership of israel is going crazy and they have no real plan their have no really vision no real vision of a very long term answer because walls will not and will never ever provide security for this one is a good neighbor it's actually provide security and we do not have good neighbors eventually the village of larger will also be completely closed in by the wall the only way in and out will be through this entrance that the israelis will control here too the israelis are building another tunnel. this one is so that omar's
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neighbors can reach a small family cemetery they'll be electrified fence and the local joke is that not only are the israelis separating palestinians from their land they're separating the living from the dead but with each toll to the soil almost families connection to the land is threatened to be even more polluted for much of. what they can do just idle term future. this is. this for you and this for my father. my grandfather. don't live in the future it's. black a future times against him and with every new brick it goes up the families isolation is cemented policy r.t. the larger village. well the main news developments from around the world now this hour a group of suicide bombers attacked a compound in western afghanistan killing at least seven people and wounding twelve
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others one of the militants blew himself up at the gate of the governor's complex in the province as three others pushed their way inside a two hour gun battle with police. killing attackers six officers and one civilian elsewhere in the country taleban forced to tackle medical supplies called boil the night killing for. america the rest of the israel says plans for a possible military strike on iran are ready and fully available the statement comes just days before to round is due to resume talks with world powers a nuclear program the u.s. and its allies have been using sanctions to encourage a curvature of radium in richmond which they believe is being used to make atomic bomb run insists it's only developing a nuclear energy grid. the trial of former bosnian serb military commander ratko luggage has been suspended indefinitely because of quote significant disclosure errors prosecutors failed to share all their evidence with the defense team which
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is now demanding a six month delay that it faces multiple charges for the nine hundred ninety s. yugoslavia war including this represents a massacre of over seven thousand muslim men and boys and the siege of sarajevo which killed ten thousand civilians. north korea's detained three chinese fishing boats with twenty nine fishable aboard and it's demanding payment now for their release they were seized over a week ago by a korean gunboat in the yellow sea border area but there's been no word yet from pyongyang china and north korea are major allies but the north is deeply reactive to what it sees as territorial infringement. so as those of mexicans are packing up for home after finding less opportunity in the united states and made hope for discovering a fragile economy and weak jobs market many illegal immigrants are heading back south of the border reversing a decades old trend of his within a culture over as more. three inhospitable terrain to trigger happy border guards
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crossing illegally from mexico into the united states is a pearl is journey which for many desperate for a new life was always thought to be worth the risk but times and more importantly condominiums have certainly changed if what i was so i was working even two jobs on the. sunday i mean it was easy but now it's sort of so that if you can leave it you're going to spend the money to find a good job ten years ago gustavo like many other mexicans came to california illegally to earn money provide for his family and enjoy a harsh standard of living than at home but now he has joined the rapidly swelling ranks of those thinking it's time to pack their bags and had back south because of the poverty that was in the united states even people before maybe even middle class mexicans now they're falling into the lower class and now even. so a lot of people are saying well i want to report here i might as well go back home
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to be or at least with my family. whether want it or not in the past mexico has provided the largest wave of immigration from a single country into the united states but now that's bigger just like america's economy has come to a grinding halt crippling unemployment and housing construction market lying idle and the sharp rise in deprecation charcoal combining to put people off seeking the good life in america during the five year period from two thousand and five to twenty ten a total net of one point four million mexicans immigrated to the united states down by more than half from the three million who had done so and the five year period nine hundred ninety five to two thousand mexicans that come here to the u.s. and take farmers and labor it is why it's great for the banks because of the jobs that. you receive still so this trusted name in a way raises the question just who will sell and without ron gotcha's
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a teacher and a community organizer believes this sharp don't board trend can lead to more drastic consequences if they meet a crisis in the united states and be far greater than it is now because you know mexico have to go to the grocery store they have the right to the bike like anybody else so that's a lot of buying power talking about billions of dollars of buying power that the american economy cannot afford to lose americans have complained for decades that they want to last immigration from mexico but if choice started going on done and prices started rising they may soon started complaining that they won more my dinner which now our t.v. reporting from los angeles california. twenty one minutes past eight o'clock at night here in moscow let's get across all of this business. business for you tom you got some good news today what a week of graham isn't it been a week hasn't have in my goodness me and you know wall things have gone from bad to
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worse or got no good news or whatsoever when now looking to in a hall fear lows for the russian bosses kevin yes i was talking about two year lies in a half year lows now so it's getting worse and worse and it's all because of the political turmoil in grayson's still having a way in effect here in moscow and that's because investors are choosing to play it safe they're pulling out their money of high risk the assets as you can see just over my second is now dropped below the all important psychological level of thirteen hundred when i talk about psychological level i mean it's panic stations after that that really is when the buttons go off and people think what is going on and it's going to add to the stocks and see who really lost out today right now you're looking at some of the biggest companies here is the biggest lender and it lost over seven percent not explain this for us in more of these how we've got max the. head of international actually sells us labs to have a list of. them for more through our shoes a so-called high above the market puzzle wise to know when things. go to russia hit
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more than anything on top of that we're seeing a number of margin calls today and basically substantial serving coming from western france the possible he was around one thousand two hundred four there are two years in this currently worth one thousand three hundred something so perhaps like a ten percent but you know if greg's it's so-called gregg's if they exist of greece from the european union the euro so euro is going to be found all badly then pickups we might see even through the decline in there are tears. ok let's see how the u.s. is performing right now there in the first few hours of trade really the first part of the trading day and as you can see the dow jones is down seven tenths of the nasdaq one point four percent it's down in negative territory and that's despite some really positive corporate results wal-mart posted five percent but they've
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also had some disappointing unemployment benefits they were they won quite what they were anticipating which showing that the labor market isn't doing as well as it has been doing slots a city like disappointment for the markets so let's have a look at the epicenter of all the european markets has been going on mood is a said that they're going to downgrade twenty one spanish banks we know after greece it's really spain it's in the spotlight also banks lend in spain apparently thirty percent of its stock today and that means it's one step closer to having a sovereign ownership as you see the fruits of that one point four percent down the dax over a percent down as well if you look at the euro dollar we'll see how all of that is playing into the common currency this hour we've got it one twenty six at ninety seven so it's below that one thirty mark the ruble for very poorly today indeed it was down against the u.s. dollar trade is a really edging towards us safe haven it currency as they say they're moving away from those risky asset if we take a look at the all important oil prices will see that they are indeed mixes up if
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you look at the prices even just this week they've really gone down i mean we did have the minister of saudi arabia saying we want to see the brant one hundred dollars per hour but if we were to mond worry that really is playing into those prices being affected right now and as we know if the prices are down the question mark is are unhappy so kevin that if the now as i say bad to worse i guess is this is keep you employed very busy this we look at the bright side ok more than one in a few minutes as we focus on how to stop the rot for greece and the single currency we speak to leading journalists from britain all about the little bit later but first i'll bring you the headlines in just a moment or two in about four hundred minutes of.
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good news is that she could leverage or eat in the kirby was able to build a new its most sophisticated robot which all unfortunately doesn't give a darn about anything tim's mission to teach music creation why it should care
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about humans and worry that this is why you should care only on the algae dot com. it. goes. on. on. the screen. the birth of her. hand on the bum. i. missed a good. run
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i'm a little over. five and. we have to begin to identify those goals you have been. pushing. to stand up for me. just. ask you. please to come to me. as i get my people in similar band but it is a bunch of losers but i have a very good job. people have jobs here that's all nonsense so they don't have jobs they're losers. cause. my back. to fit i. read.
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the news today violence is once again fled up the phone these are the images the world has been seeing from the streets of canada after. china corporations are today. download the official placation to i phone or my pod touch from the i choose our story. one jaunty life on the go. video on demand on teens money for old costs and our.

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