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tv   [untitled]    May 18, 2012 1:00pm-1:30pm EDT

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atrocity. they tell you. the euro crisis looms large over the g eight summit in america with president obama expected to urge more rescue measures from the e.u. as he ups his campaign for reelection. outrage of bahrain and iran over plans to merge two of america's go for lies which is being called a u.s. plot to reshape the region. also reporting the egyptians may have hoped the revolution would bring them change but it seems it is only pool rocketing crime rates and unsafe streets on top stories this. international news and comment twenty four hours a day this is r.t.
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as the us president hosts this year's g. eight summit he's expected to pressure eurozone members to apply a more expensive bandage to their open single currency wound but barack obama's admitted to having his hands tied on some issues as reelection worries dominate his thoughts and he said now he has more from washington. there are several challenges for this year's g. eight summit one is facing its host obama 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 g eight and it has an important role to play at the same time he has to be sensitive
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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 through 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 the singular leadership of the united states and its western european allies so in terms of what might come out of the g eight i think that again substantive policy decisions are unlikely
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rather this is going to be a much more much more geared towards padding obama's image as the host of the summit and showing the world that obama is this sort of a uniting uniting force rather than the divide. it's a 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 does understand how important the g twenty is especially when it comes to the financial turmoil that we're seeing across the world not of course will be held in mexico in june reporting from
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washington and he's now a r.t. . this year's g eight gathering is looking increasingly like a year of crisis summit with the german led focus on a stereotype likely to come under scrutiny this as the current sentiment is pretty fast across the whole of europe along with fears about greece leaving the euro report on the gathering storm cloud shortly here on r.t. . but first thousands of protesters are rallying in bahrain against the government's planned integration deal with saudi arabia demonstrators also took to the streets in iran calling the gulf project a u.s. ploy to reshape the region tehran's i'm happy about the plans by two of washington's key arab out eyes to cement a military and political alliance islamic state fears washington's unity push to force it into a corner to run some of the bahraini diplomats for an explanation when the reigning professor told r.t. that america's gulf allies a desperately clinging to power. this is basically for the
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survival of the dictatorship. because the dictatorship the king is. popular the vast majority of the people. want the regime. but unfortunately the west supports the saudis and the only dictatorship but what ron is concerned about is that the saudi regime will attempt to annex but i mean because the dictator in bahrain is immensely unpopular he is unable to keep control and in order to. pollution. allowed saudi forces to effectively occupy the country it's very interesting that the people about despite all this this small country has put up so much resistance and i think this itself shows the immense weakness that lies behind the saudi regime but the iranians believe that
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the fact that the united states supports the bahraini and saudi dictatorships also makes them responsible for the both the bloodshed as well as the current situation at large. by the way head to a website called where we're closely following the developing situation in bahrain that says the country's into more controversy by heading to london to attend the queen's jubilee lunch at buckingham palace when protesters are creating a feast of problems at home. is on the website of the moment fisherman for sale north korea demands two hundred thousand dollars for the return of twenty nine chinese men captured at sea the details on that r.t. dot com.
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r.t. live here in moscow come up to seven minutes past the hour be careful what you wish for that's what egyptians are learning the hard way last year's uprising in the revolution brought about change but mainly by destabilizing the country it's left people facing chaos and a massive crime wave a burglary and armed robberies parties are going to reports from current. 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 where in a total mess now i used to drive anywhere wherever they were scam from never refused a customer now i park my car in the garden at six pm and go home with a special security system on it so it would be harder to steal. a car that's all have become part of a daily life in large cities like cairo and alexandria since 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 use 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 from unguarded prisons a crime wave has followed with egyptian media reporting more than twenty five hundred murders and some two thousand abductions since their revolution yet the police are accused of doing little or the police a lot of respect a lot of. the tools that they use to work with like the weapons. most of the different people for that this police has been treating
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my. for the last thirty years i would say for a long time maybe for six. this police is no nothing to us we are the police in my opinion the minister charged with enforcing the law has a very different view saying the situation is under control. 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 total collapse of everything stability was nonexistent i don't have at all numbers regarding organized crime groups robberies and thefts they were committing and the achievements we've made. in the meantime until camera turns to egypt ibrahim and others will continue to close up shop early in his home. fearful not only for their
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property and possessions but for their safety and lives in cairo in a ghost go. police in germany detained around four hundred demonstrators during an occupy protest in frankfurt offices say around the fells in protest the state's sit ins erected barricades and tore down the road signs across the city the demonstration was part of a four day long rally called block which began on wednesday supporters flocked into the city center to block access to the european central bank which is located in downtown frankfurt the arrest comes just days after an occupy camp was cleared in front of the bank five thousand police officers have been assigned to patrol demonstrations due to take place this weekend. british banknote printing firm the room has started preparation for the drachma production this comes as billions of euros were withdrawn from greek banks this week as people grow increasingly worried over the safety of their savings our correspondent laura smith reports from london. this is only
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a contingency plan i'm absolutely sure that no dramas are currently rolling off the press at the lowry but all of this all of the same it's it is an interesting development is one of the world's biggest. printing companies it also does passports driving licenses that those kinds of high security documentation so it does a high security paper and printing already round one hundred fifty countries really for the on the to dam and kind of everything in between they are preparing to do it of course any greek exit from the year it would fall come back to him on the track and he'll live with the domestic producers and be able to meet him on international companies are preparing for but this is not the only contingency plan of course that we've seen we've recently seen for the first time ever the e.u. trade commissioner admitting that he and his colleagues the european commission and the european central bank of working on a contingency plan just in case the greece crashes out of the euro to avoid
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contagion into the into the rest of the financial markets and of course what we're seeing in greece at the moment is really the sort of turmoil for the turmoil that's come out of this this failed election really that we saw earlier this month where no decides to result was come to a note none of the parties could form a coalition so of course greece at the moment has its new prime minister but that's only an interim measure while we wait for the new election the seventeenth of june but the worry is for all these people the greeks will eventually elect an end to your stereo receiver party which would mean that there would be no more austerity so the greeks wouldn't be able to meet the conditions of the euro zone they would receive no more bailouts and so almost by default they would then fall out of the euro zone the greeks have drawn about a billion euro is out of their banks in the last ten days and that looks more and more like a slow but steady run on the entire greek banking system the ratings agency has
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also received. downgrading to even down the list with an investment rating so really it's sort of guessing here yes it. does say that they want to say to stay together the german chancellor of course was the new french president has said that they want to make it work they'll do whatever it takes because the problem is that they're coming out of two very different angles very. pro spending and. so they've got to find some. very difficult positions david cameron we saw earlier this week urging germany to do all it could to keep the usa together that the europeans want to make up for not possibly not a very problematic history coming from came out the country outside here so what they're looking at doing is not just keeping greece in but then in the worst case scenario preventing this contagion that could spread into the rest of the. sixteen spanish banks that have been downgraded recently so that's also a very bad effect in terms of contagion and analysts say that if greece did drop
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out then it's a possible ten years of global financial turmoil. is coming from very different positions really have an awful lot to source out in the coming days and weeks or smith talking to be a little earlier the worst victims of the euro crisis or the millions of europeans who have lost their jobs and incomes almost half of all of spain's youth alone are out of work and this is not stopping brussels from spending thousands of euros on bureaucratic hiring process which for ministers or corresponding 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 become a staff member it's a job more secure can transfer to another position after two years walking the
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halls of these buildings are thousands of men and women who want this massive uber shimmery managing the union for five hundred million citizens no doubt requires manpower but so many people are quite felt were 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 creating a chief executive say i want her so that's of course ridiculous by no means to fund the board why is it that. people emerge and i think in all honesty. officials who really matter they don't seem to care i mean they might say certain things but at the end of a 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
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the total amount to one hundred thirty eight billion heroes 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 keep people reserve list this list is only valid for a certain time off to which these people probably find jobs so where's the value 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 make sure that people from all countries represented there is an additional cost 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 ok where
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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 tess or sylvia r.t. brussels. a massive explosion and fire of hidden ammunition dumps belonging to russia's ministry of defense and the country's far east officials say number of weapons exploded when they were being disposed of explosions have been raging for hours preventing farces from battling the flames it's also forced a suspension of the transfer rolling part of which located a few kilometers from the site of the incident for the special and it is there comes a point to find one person is reported injured more than two thousand of being evacuated from nearby villages. the time not to take a look at some of the news that is making headlines around the world today thousands of anti regime activists have taken to the streets in the northern syrian city of aleppo where human rights groups are reporting that people have been
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injured by tear gas and live mission colorful surfaces elsewhere with regime forces believe the bombardment of the town of boston trying to break up defensive lines set up by the opposition meanwhile the u.n. chief says al-qaeda militants were behind the deadly suicide car bombings that killed fifty five people in syria last week thank you men also said the death toll from the crisis now stands at ten thousand. three simultaneous blasts of struck him outdoor bird market in eastern baghdad killing five people and wounding dozens of others the bombings took place in the share neighborhood when the area was crowded with shoppers violence has decreased in iraq in the past few years however insurgent attacks on security forces and civilians continue in an attempt to undermine the shiite led government. of buses crashed off a bridge in central vietnam killing thirty four people and injuring dozens of
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crowded coaches travelling to the city of the self and the driver lost control causing the vehicle to plunge eight hundred meters into a river over eleven thousand people die each year in vietnam traffic related accidents and. they're called on to uphold the law but does that mean they abide by it increasing cases of police officers using excessive force or spot public outrage across the united states and some fear it just might be too late to turn the tide ati's within a culture of. speak taters since the small california courtroom of gas but 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 i. heard. later in the video you can hear thomas repeated the apologizing to the police and even crying
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for his father's how old. they continued their assault with fests anteaters. lost consciousness and died in hospital five days later it sparked a series of protests across california and demanding justice for victims of police brutality yes this was no isolated case while police officers in a neighboring californian city i'm standing trial for the down the county thomas here in downtown l.a. people who came out onto the streets to remember the first anniversary of rain now there is not will be shooting the killing of dale garrett it's 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
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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 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 to a sentenced to the minimum two years he was free months. but for. apple 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 a ferrari community groups aids time 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 i mean there's
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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 thelma's killing in a wealthy middle class town shows the badri suppress violence are shifting and californians one turn a blind eye anymore when the question of archie reporting from los angeles california. twenty two minutes past the hour here let's now join the business does offer some technical difficulties facebook is now up and running what's the latest and yeah that's right it is moving and it's moving down actually when it first started trading in the first few minutes or so it was rounding up about twelve percent but now we're looking at about eight percent of gains for the most hyped i.p.o. it's going to be thought out he has been a lot of excitement around this investors have been waiting for this for months now
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and if you consider the fact that the company only started eight years ago and at that point they had no way of making money now despite facebook being priced at thirty eight dollars per share that was at the top of expectations now they increased it by twelve percent in the first few minutes of trade as i was saying. slips back now. to be capital says holding on to the stock could be a race for investors have a. place. i would be very surprised the stock actually performed really well in the aftermath of the next you know the first two sessions given that demand seems to be pretty high and more than . the current shareholders are always so in the placement but they're also sell afterwards reducing mistakes from wiser a lot of performing investors already must have been in facebook or such as private
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equity funds and they're all kept at any games in this park and. look at performance i doubt it would lead to extra positive sentiment but you could because the money has been taken from the market and demand has been taken out from from other stuff. and one of those all those stocks is that she is linked to him for example that stock is falling about five percent as a result so let's see the u.s. markets right now but the dow jones just the knowledge down on the nasdaq which is where facebook is now placed around a quarter percent in negative territory this hour let's go to europe because those forces have now closed up for the day and it's all surprising was a disappointing day there was only sentiments going over the footsie one point three percent down the dance around six tenths of a cent now the greek situation as well really boiling at the moment they leave the euro zone and that is the question though over g. eight leaders are going to be asking themselves today they all may be saying as
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well is that we've also got the finance minister of germany wolfgang screwball he was saying that he's expecting this crisis carry on a full two years which is a pretty pretty depressing prospect it really sixteen spanish banks being downgraded by moody's today solo's going on how is this all affecting the common currency i wonder if have a look at the euro dollar and see what is trading out right now with his see it is at one twenty seven thirty seven so it's below that psychological level of one thirty when investors start to think hey this is not looking too good a tour and if you look at the ruble as well as the whole performance for the russian currency a loss against the u.s. dollar and the you're right i'm moving on to the russian markets will see that all the sentiments in europe are really taking hold hey you can see the l.c.s. one point seven percent down the mice a one and a quarter of a percent down on us not necessarily because that the domestic stayed the fundamentals here in russia our concern is just all those international pressure is
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really taking that toll is have a snapshot of the biggest blue chips here in moscow and see how they performed in the polls today we have down around us on today's and seven percent yesterday so it's a bad week around gasper maybe two percent down polymath so one of the only good. on the my stakes today and let's talk about the my sex because there's so many factors that to be considered over right now now in the last thirty days the index lost around twelve percent that is now trading at around two year lows but it's not all doom and gloom though for russia because g.d.p. here rose four point nine percent and that was in the first quarter of the year and that's above expectations of fall stronger than any european nation but one of the concerns is the demand for oil because with all the sentiments going on around the globe investors are concerned that demand for oil will be dampened and that's exactly why we've got the prices tumbling at this hour but the light sweet that
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ninety two dollars per barrel the bread one hundred and seven stuff not supporting the markets here in moscow and that's how the markets fell off the back and about two hours time i believe now. thank you thanks very much indeed by the way there's more of the photos world's ups and downs in our team's capital that follows the headlines in just a few minutes well stay with us live this is all t.v. in moscow.
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margaret mother did not like we're going to become. cruiser free. and she was very covert. she froze. our lives frankenstein's monster. we don't have the problem but every. effort is made. i'm the palestinian or in the european side to negotiate an end to the violent attacks against israel which i have no fear of war calling. so long goes who have no fear calling the leader of the state of israel one of the main terrorists in the world. we are supposed to be seriously examining history when you mention
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a few words about jewish culture labyrinth and people get so upset this is i'm sorry to say it's so form of emotional blackmail. down to be official on t.v. application to go on the phone or i pod touch from the top story. job life on the go. video on demand. line filled costs. are assessed feeds now in the palm of your. question on the altie dot com culture is that so much of a good reason to make it a lot of people here in atlanta look at germany.

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