tv [untitled] May 18, 2012 1:00am-1:30am EDT
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possible financial tsunami from the eurozone demands the attention of the world's top decision makers as g eight leaders gather in the u.s. . the u.s. congress takes a hard line on iran saying it must be prevented from even being capable of building nuclear weapons causing speculation that war is edging closer. and the syrian regime says al qaeda militants are behind attacks in the country as damascus releases the names of foreign terrorists it claims are in custody. and on line twenty four hours a day seven days a week here with our team the survival of europe's single currency and the shock
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waves from its possible break up will inevitably dominate a meeting of the world's top eight political heavyweights g. eight leaders are gathering in the u.s. where they will also discuss the situation in syria and pulling out troops from afghanistan post president obama will also be balancing the small matter of his election campaign as artie's and he said now i reports there are several challenges for this year's g eight summit one is facing its host obama who has his hands tied with an election coming up in november a lot of focus for him on trying to stay in the white house so he's going to have to balance domestic and international considerations at this camp david summit something that's never easy but even more so when you have voters to please and global leaders to reassure it's always a difficult thing to do even more difficult during the election he has in one sense to reassure. american allies that america has remained strong and committed to the
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g eight and it has an important role to play at the same time he has to be sensitive to what his constituents in america are thinking about domestic concerns the economy unemployment housing all of the things that remain an issue the obama already told the world that more ready to compromise on global issues after the election given it was by accident in that hot mike sit down with dmitri medvedev but with that incident aside many experts say that it's very unlikely we'll see progress on bilateral issues with russia per se on missile defense or iran's nuclear program in the election year now another challenge facing the group as a whole is the question many are asking does the g eight format still work it's true that most countries of the world see the g eight as outdated most countries in the world don't recognize. the singular leadership of the united states and its
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western european allies so in terms of what might come out of the g eight i think that again substantive policy decisions are unlikely rather this is going to be a much more much more geared towards padding obama's image as the host of this summit and showing the world that obama is this sort of a uniting uniting force rather than the divisive force that he has seemed to be for the for his first term now in terms of uniting one of the main goals and focus of this summit will be the euro crisis the goal there to try to get the new french president on board with all of the massive austerity cuts that we're seeing throughout europe this is something that european leaders will certainly be looking for obama to try to unite all of them on how to move forward with that but again a lot of critics think the g. eight is an outdated format and then you have all the speculation as to why president putin didn't come perhaps it's because he doesn't. how important the g.
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twenty is especially when it comes to the financial turmoil that we're seeing across the world lot of course will be held in mexico in june reporting from washington and he's now way or to. the euro zone's debt who owes are getting worse with ratings giant moody's slashing the scores of sixteen spanish banks while greece of the worst hit nation may well decide to quit the euro if an anti government is voted in next month the british prime minister has urged the seventeen nation euro zone to remain united but the director of the bruges group says member nations are too different to function as one. the european leaders aren't really doing what's necessary to generate economic growth within the eurozone and within the european union there is a major problem with the euro with that need it disorderly demand dismantling that that's what is required at the problem within the european union and the eurozone is a problem of growth and the despondent imbalances caused by germany and. can't
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have a common say you in with many different disparate economies which need different levels of support different interest rates different fiscal policies but germany and the european central bank the forcing on countries like greece and spain and italy and portugal as well as other countries such as ours and austerity cutbacks coupled with tax wise is which of her economic growth in a condom is already on competitive as a result of being in the euro and they just are now in a major economic depression that's what's happening in those economies with massive levels of unemployment and really no no future something radical needs to happen otherwise there will be more of the same and the same is a declining economy with ever increasing numbers of unemployment that escalating money troubles aren't getting in the way of bureaucrats plans later on in the program we examine how much cash is going down the drain. we look at how much it costs to stick a civil servant behind in the e.u.
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desk compared to a chief executive at microsoft. and a change for the worse a look at the crime and carole sund least by egypt's revolution for peaceful democratic change. the u.s. house of representatives is taking a hard line on iran dissatisfied with president obama's assurances that washington will not tolerate iran obtaining a nuclear weapon the house says teheran must be stopped before it is even nuclear capability democrat dennis has voiced. burn that this will only complicate the diplomatic solution and push washington closer to war with iran and the u.s. ambassador to israel warns plans for a possible military strike they are just ready just days ahead of a key international meeting about iran's atomic ambitions the policy director from the national iranian american council says washington's ready to strike but we have
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to remember that this is one week out from when the next round of negotiations are going to occur between the u.s. iran and the other u.n. permanent five security council members but it puts pressure on the administration to not be able to make the deals necessary in order to achieve the real goal and the goal that the president has stated which is to prevent a nuclear armed iran so this really is congress sending a message that the united states is should take a very hawkish approach to this and the meaning of capability has for a long time and controversial and has been sort of code for no enrichment that having nuclear weapons capability is something that could be applied to any country that has a civilian nuclear program by the congress passing a resolution that says we can't contain a nuclear weapons capable iran it sends a signal that. we may already be at a point where war would be necessary in order to serve that goal.
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foreign mercenaries and al qaeda linked militants are fighting in the ranks of rebels inside syria that's according to government officials damascus has even released the names of the legit foreign terrorists it claims to have captured twenty are said to be arabs who have confessed to working for al qaeda the list also includes french and british citizens meanwhile washington denies recent reports it's coordinating arms for the syrian opposition through arab gulf states qatar and saudi arabia the rebels say they've recently seen an influx of weapons from abroad and the opposition remains split anti-war activists jim brann says the syrian national council chief stepping down is more proof of that. clearly you have an opposition that is and there isn't a single opposition bloc and there are those voices that are clearly calling for for intervention and there are those who are clearly against it and i think these
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those two tended in particular afflicted in the splits in the opposition benighted states has its own very special interest anyway and it would to some extent it would rely on its local allies but on the other hand would never concede complete control to them so they would be working in parallel with the united states would prefer a regime change that preferred. life to eliminate its part of opposition to iran. and i don't think that they consider the possibility of a favorable outcome if the syrian government remains in power and whatever they say whatever they talk about peace i think for them that's the that is the bottom line and that is their objective. all right still to come this hour staring down the barrel. anger in america as the number of police brutality victims appears to rise
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on the dot com. revolutions just bring freedom and human rights just ask the egyptians since last year's uprising the contrast faced crisis scales and a crime wave of burglary and armed robbery are choosing to go to has the story from cairo. it's not just protests the disrupt peace on the streets of cairo just ask taxi driver mohammed. it was calm before the revolution one hundred percent on where in a total mess now i used to drive anywhere wherever the waters came from never refused to go now i park my car in the garage at six pm and go home with what i was a special security system on it so it would be harder to steal. robberies assaults and car thefts all have to come part of a daily life in the egyptian large cities like. and oleksandr says after the revolution many people say the police at times simply choose to turn away when
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a crime is being committed. all hell broke loose after the uprising i know some who escaped from prison there are still stealing and looting the us guys who steal cars for them and then use those cars to deliver cocaine and hash to drug addicts so that. people see this was something unheard of before the arab spring and the mayhem that followed the uprising of january two thousand and eleven many believe thousands of convicts escaped to unguarded prisons a crime wave has followed with egyptian media reporting more than twenty five hundred murders and some two thousand abductions since their evolution yet the police are accused of doing little. the police a lot of respect a lot of. the tools that they used to work with like the weapons the cars most of the egyptian people for that this police has been
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treating my. only for the last thirty years i would say for a long time maybe for six years. this police is not looking to us we are the police . and the minister charged with enforcing the law has a very different view saying the situation is under control i want to settle out that likely shock you but i told the members of the people's council look at the results we managed to achieve in record time i'm sure that no one could have done as much yet we had a total collapse of everything that i stability was nonexistent i don't have it all numbers regarding organized crime groups robberies and thefts they were committing and the achievements we've made. that in the meantime until calm returns to egypt he brought him and others will continue to close up shop early and head home before sunset fearful not only for their property and possessions but for their safety and
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lives in cairo in a ghost go. and there are plenty more stories for you to explore at r t v dot com here's what we have there are now. tear gas meets a peaceful protest crowd in bahrain skeptical among the mainstream media keeps quiet about the ongoing suppression of demonstrations. and deep impact now so warren's almost five thousand asteroids pose a danger to the earth but most of the space rocks remain under the radar all the details are at our t.v. dot com. let's be.
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the cash for bureaucrats is nothing new to the new artists are silly reports. good income great working hours generous benefits career growth and essentially a job for life it's no surprise that the tens of thousands of applicants across the european union vie for permanent posts in the e.u. institutions are is one of them i applied because maybe i get the chance to get my stuff but its job more secure can transfer to another position of their two years walking the halls of these buildings are thousands of men and women who want this massive you wish to marry the manager of the union for five hundred million citizens no doubt requires manpower but so many people are quiet foul or talks players money is concerned it costs between seven thousand and fourteen and a half thousand euros to simply go through the process of hiring one permanent staff there's an awful lot it's probably the same amount that a company would pay only crew chink a chief executive say
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a more personal but of course ridiculous by no means to fund the bill why is it that these stories keep on emerging i think in all honesty. e.u. officials who really matter they don't seem to care i mean they might say certain things but at the end of the day they are asking for more money year after year after year this time the e.u. commission is asking for a budget increase of six point eight percent for two thousand and thirteen taking the total amount to one hundred thirty eight billion euros about twenty three million of which will go to the european personnel selection office or eb so in charge of selecting potential permanent staff selected candidates are then placed on a reserve list for about a year commission various e.u. institutions can choose if you teach people or is a list this list is only valid for a certain time off to which these people probably find jobs so where is the value
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added in that the cost of hiring people could be much higher we also need to select people on the broader. possible geographical bases so we need to do to make sure that people from all all you can through this be presented there is in addition the of course for that she adds that in an exercise comparing the cost of each new hire and twenty nine international bodies including the world bank and the united nations episodes average cost per person is still lower but in this context. we are millions of jobless e.u. citizens are hanging by a thread critics say that no amount of justification is going to make this situation appear like taxpayers' money well spent yes or sylvia r.t. brussels more developments from around the world this hour. thirty four people have been killed after a bus overturned and crashed into a river in central vietnam and smashed through the rails of
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a bridge and plunged over the side a bus was traveling from central highlands to holcim and city in the south twenty one other people were badly injured. violence has engulfed a jail in honduras where armed inmates took control of the building and battle among themselves at least one person was killed and eleven injured when prisoners opened fire on each other in the city of sun. some women were also held hostage in a jail notorious for bloodshed in armed clashes thirteen prisoners died there in march during an uprising honduran prisons are infamous for overcrowding and rioting . the world of music has been paying tribute to disco queen donna summer who has died at the age of sixty three after a short battle with cancer summer's career had its peak in the one nine hundred seventy s. and early eighty's with singles like i feel love bad girls and hot stuff attempted
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to keep the extent of her illness from her fans. there on the streets to protect and serve. but arise and fatal police shootings across the united states is leading some americans to wonder where the real danger lies but democrats of all reports from california speak teenagers in the small california courtroom gasp at a video off a man lying on the ground screaming they're killing me while being severely beaten by police at first when thirty seven year old schizophrenia sufferer calley follows appeared on corporative the officers gave him a terrifying warning. and. later in the video you can hear thomas repeated the apologizing to the police and even crying for his father's house old. girl. they continued their assault with tests panties or. she lost consciousness and died in hospital five days later
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it sparked a series of protests across california and demanding justice for victims of please protect us this was no isolated case while police officers in a neighboring californian city are standing trial for the down the county thomas here in downtown l.a. people who came onto the streets to remember the first anniversary afraid another is not will be shooting the killing of dale garrett with blood increasingly on the hands of police officers across the country many people here say police are using excessive force far more than necessary dale garrido was shot by an officer twice in the back the police chief insisted the decision to open far fell within the rules but many here find it hard to understand how shooting a man from behind constitutes self-defense since nineteen eighty three only one california cop has been convicted with killing on duty after oscar grant was shot
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dead a new year's day two thousand and nine the auckland officer told his trial that. he meant to draw in for his teaser not his gun us sentenced to the minimum two years he was free after nine months. but fattal police shootings are on the rise across the state the latest just two months ago in the death of unarmed nineteen year old kendrick mcdade shot seven times during the watch turned out to be the false report of froggery community groups eight still on the police came under the people's control the laws and the justice system that applies to normal folks working people there's a whole different set of laws and justice that applies to the police when there's there's rarely any or any form of justice that's brought to the police that i mean they make their own laws or they're above the law really cases of police using excessive force happened primarily in poor mainly black neighborhoods but cali
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thomis killing in a wealthy middle class town shows the badri so pretty smile and search shifting and californians want turn a blind eye anymore so i do not question the archie reporting from los angeles california later on r t a visit to the crown one as we explore the cultural areas around russia's main tourist a historic spot here's a preview. as kites fly in front of the kremlin walls that does beg the cards in costumes it's clear to everyone who loves to walk outside take in the beat the surroundings and cherish the warm sunny weather when it comes to walking in the street you don't get much better than this. and don't worry if you don't know your bolshoi from your bolsheviks tourist spots aside moscow's entertainment scene is packed with a wide range of activities and places to guard. you
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can enjoy all this. moscow with mark andrews in just over an hour here on our. demetrius here with the business news hello dimitris so why is it that pessimism continues to rule in markets well i'd say you have to be a really brave person to be optimistic at these times seriously the cuts that we're seeing from ratings agencies just confirms this pessimism is pretty justified take a look at what's going on in asia now after moody's slashed the ratings of sixteen spanish banks we've seen a wave of selling ever since on all markets which have been trading there for two point seven five percent loss on the nikkei which was the positive from the previous day and therefore losses are propagated in the u.s. what we saw overnight was also a very harsh drop for the dow jones to be down more than one percent is already
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pretty bad picture now even the i.p.o. of facebook did not really change the mood now is facebook is about to find out today in the friday session how much likes and statuses are really worth on the market now its stock is starting to trade on the nasdaq you will have the ticker symbol of the and after actually it managed to already raise sixteen billion dollars in this i.p.o. which will use the company at one hundred four billion dollars it comes at a top of the price range of thirty eight dollars per share and the say it's a big win for the company which began just eight years ago with no way to make money except for advertising. all right let's now take a look at some of the other markets first with currencies if i'm not mistaken the euro continues a slight against the dollar yes as you can see there thirty three points while the
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russian ruble in thursday's session fell yet again against the dollar. now over on the russian markets very very bad pictures you can see there four and a half percent for us yes three and a half for the my six now we haven't seen any lights on the markets in the past couple of weeks stick at this graph over here now it's been forwarding dramatically over the past month down twenty percent in the month twelve percent twelve percent twenty percent in the past two months were actually had to enter all year lows twenty eight month lows to be exact now this is of course on the back of fears of a great sit and on the back of oil prices which are continuing to decline this hour with light sweet bread declining around half a dollar per barrel and this kind of indicates that in thirty four minutes on the
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russian markets open there's very little room still for yet another pounds but given that it's mainly investors on the russian market foreign hedge funds covering losses over at home so really not that much room for optimism. anyway you look at it pretty much guarantees all right well hopefully it'll start to pick up thank you to me. in a few minutes and we'll look at the occupy movement gaining momentum across the u.s. that's after the headlines still to come. it's
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a bunch of losers i might i have a very good job people have jobs here that's all nonsense and they don't have jobs they're losers. i. think i. am. download the official placation to i phone or i pod touch from the i choose outs to. life on the go. video on demand teens in line broadcasts an r.s.s. feeds now in the palm of your. question on the dot com.
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