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tv   [untitled]    May 23, 2012 7:00am-7:30am EDT

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egypt decides voters head to the polls in the country's first presidential election since hosni mubarak's three decade rule ended but many say they don't have much of a choice. one hundred days of unrest tens of thousands of students march across montreal against hikes in tuition fees while authorities imposed protest restrictions in response. as berlin tells fellow eurozone members to tighten their belts the austerity capital is on tour under fire for slipping up on its own targets for budget cuts. but in business we hear from a man who point out some breaks and he says we should have more about europe because emerging markets is. one of the next.
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three pm in moscow. good to have you with us here on r t our top story it gyptian is heading to the polls in the first presidential election since the fall of longtime leader hosni mubarak last year a dozen names on the ballot including islam miss and several mubarak era officials but authorities policy reports many egyptians say they're frustrated with their options. they stayed down the police and the military and they won but now there is still an intern uncertain future and it's far from clear egypt's revolutionaries are holding the trump card i'm sure of the martyrs where life they would think that this is or is just no one chanters for elections they wanted to free them now there's a monthly massacre that takes place when people are killed that we don't even have the right to be listened in a big square how can they really surprise always and. it took my arm and other
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egyptian youth just eighteen days to topple a dictator who'd been in power for nearly thirty six years but they haven't been able to come up with a single compelling candidate in the country's first post mubarak presidential elections but the frontrunners include a moose or mubarak insider for me gyptian foreign minister and head of the arab league abdel moneim of doing for top former brotherhood leader cairo physician and longtime anti mubarak dissident and mohamed morsi the muslim brotherhood's choice who has a respected party and well financed campaign behind him the fact that there are two strong islamised candidates means the islamist voters split although on foreign policy issues they're united the constant believe that the two of them will try to improve the relations but marble on the expanse of egypt's relations was the boss the us and. them are going to try to improve the relations
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was israel. i believe it's going to get more. chances are high that egyptians will vote in an islamist president but this support is no we near what it was in recent parliamentary elections calls egypt are far from. civil servants have picked up the surge. but said the state is challenging. many of the thirteen candidates is expected to top fifty six making a run for the. highly likely but the delays are making egyptians edgy time and again the ruling generals liff doubt as to whether the elections would even happen and concern is right that the army plans to stay in power or at least pull the strings from a far but dr hassan the far disagrees a military coup has to be executed and if it is done they thought it would be very very violent and there will be other thought of bloodshed think the them is very much aware of this there's been little about this election it's been predictable
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and no matter who wins the new egypt is likely to look a lot like the last few months of the old at least for some time the problems in the country run deep and economic and political frustrations are not that far from spilling over into fresh protests here our team. that is a direct from the american university in cairo says some carrots and supporters have used questionable tactics to laura borders. this election again was fear some people are scared of the islamists and so the vote for anybody who would be able to stand again is the islamists the real problem is what happens outside the polling stations like you know some groups especially islamic groups who are trying to use and exploit those ignore the voters you know i have forty percent of the egyptian population below poverty line i have some people who. percent while
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illiterate and so sometimes you will find especially the islamic. call the veiled light in egypt trying to. mobilize people to vote in a particular way in return for some foodstuff some money. don't say that if you don't vote. candidate you will go to hell so this is the real fear the real fear is the many pollution of water. major demonstrations marking one hundredth day of student rallies shaking canada tens of thousands filled the streets of montreal to protest against a huge planned rise in tuition fees and in attempt to quell the movement local authorities adopted new emergency laws district being protests including fines of up to one hundred twenty five thousand dollars to any group that tries to stop students from attending classes but the controversial members have only fueled public anger more than three hundred people were detained and twenty injured after
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a demonstration spiraled into violent clashes with police sunday to sunday night martine days are down and the quebec federation of university students thinks the government's actions have only made matters worse. try to understand ways the government's going far despite all that. restraint a lot of larry you're pretty you know the expression the manifestation everybody has to see ition so it's very difficult and i was this in our opponents now because the you know what's where is this bill study on this new bill that the government passes and i actually didn't step back from all these demonstrations and as being very out of the government trying to make social peace in the city of much else and actually seeing. several demonstrations going on since. since friday so i think it's not working for the government and we know the trying to go back.
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to make sure that this conflict as then will stay with us here on r.t. still to come heightened tensions serious on the rest spilling into neighboring lebanon with clashes between pro and anti assad supporters raising fears of growing conflict there. but first bringing about a euro zone growth and solving the escalating problem of greece dominating the minds of e.u. leaders on lawmakers ahead of an informal gathering in brussels germany continues advocating belt tightening and is opposed to a joint borrowing because artie's peter all the reports it looks like the policy berlin is foisting on others is one is keen to pursue itself. the merkel message to europe is clear vacs to grow by structural reform is important and necessary but a debt ridden growth would on the revive a crisis were the one that it will not do that. so all sturdy all around however don't expect german belts to be getting much tighter.
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according to the influential cologne institute for economic research while berlin bangs the drum for spending cuts in countries like spain greece and italy the federal government has made good on less than half of its planned savings of the boomers were young the federal government promised in twenty town that they would cut over ten billion euro dollar a year in spending from the budget two years later they've cut less than half of this amount some of this is down to changes in policy making the promised cuts and possible but most of the promise savings just weren't made. this will make interesting reading for the heads of the twenty five year a peon union member states who signed up to a fiscal pact in march obliging them to show great it fiscal discipline pact championed by the chief cheerleader of austerity chancellor angela merkel as these are missing out it looks as if the german government has relaxed a bit while at the same time telling orders to work hard our deficit goals were
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reached because of higher than expected tax revenue but the cots were not followed through. so after the government made good on only four point seven billion euro of the eleven point two billion savings that it promised the association of taxpayers came up with a list of areas they suggest should be cut from the budget as part of a spring cleaning plan which could save an extra one hundred and fifty six million euro these include scrapping a quarter of a million euros subsidy for growing organic carrots as well as a similar initiative for apple juice all the way through to reevaluating civil servant pensions and the driver service both former presidents of the german parliament. are thirty examples are meant to inspire ideas about how and where the budget can be cut even with a large spending blogs. the government should take the good spring cleaning tradition in applied to the budget and start saving. there are those who argue
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that the recent growth posted by the german economy means that they are under no obligation to cut the rest of the proposed eleven billion euro that it's only those countries posting negative growth that need to trim their spending the reason why the cuts are not as deep as periphery countries that are suffering the most from the financial crisis is simply the fact that we have a higher tax revenue right now and bad deeds room for maneuver so the german economy is showing growth but as the country's debt rises by the second even europe's dominant economy isn't out of the woods yet. under merkel's christie and democrats have suffered some major political setbacks most recently a crushing defeat in regional elections in north rhine-westphalia a state seen as a bellwether of opinion in germany the. christian democratic party has a tradition of celebrating its electors together it is the same for the defeats this
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is a common deflate we have discussed this defeat today and looked at land and they do you just have. despite mrs merkel putting on a brave front as a party loses support from the electorate the question has to be asked how can the german chancellor preach austerity to the people of athens betrayed rome when her party's policies can't even win over the people of peace or all of the r.t. germany teachers and students in spain are returning to work after their nationwide strike tuesday against proposed cuts to education players including increasing class size class sizes flashing the number of teachers and hikes in university tuition fees the government says cuts are needed to meet this year's spending targets belgian m.e.p. durkee an airplane thinks the euro zone needs to learn to balance cuts with growth prospects. growth is like love everybody's in favor of love everybody in favor of growth but how to bring it about out on the one hand you need austerity because all
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budgets are blow to that already for a long time many countries have too much of that on the other hand we have to be store competitiveness and make sure that and. set up companies again then that the economy starts growing again but we need to enter we need lower taxation we need competitiveness and all these things these things we have to do only in a few years time because you know now we are in a process of internal devaluation we're not developed waiting a currency but we are developing countries and that's a very hard process that may take years but the political and social system are not able to cope with that and that is part of the problem there is no time for the things we have to do the problem here is that nobody is coming up with a plan b. everybody says we have to stick with plan a greece has to stay in the euro zone and that is the official line of the european commission of the european council but nobody is really looking beyond what's going to happen and that is part of the crisis and part of the uncertainty that we also see is
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a disagreement between paris and berlin and that is really at the heart of the euros if if germany and france do not agree on the line to take then to you is really in trouble iran and a group of world powers have started today talks in baghdad discussing suspicions tehran might be seeking to build a nuclear weapon earlier terrine agreed in principle to allow the i.a.e.a. to inspect military facilities where nuclear weapons might be developed meanwhile washington says they'll be no let up on pressure on iran is the senate continues expanding sanctions on the country u.s. congressman dennis kucinich says to resolve the iranian issue washington needs to change its approach. sanctions are another form of warfare sanctions are just a step away from shooting we're being tall we should have any contact with them we're being told that we shouldn't be negotiating with them we're being told. to get ready for war. all of that is wrong. what we need to do is to have
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direct negotiations we need to be talking with iran and we need to stop this vainglorious notion that somehow we can settle our differences with iran through war we have to believe that peace is possible what we have is a type of thinking coming out of washington that says wars inevitable when you say wars inevitable you actually create a war a self-fulfilling prophecy so you get war we wonder why do we have war because people think in terms of war. can hear more from congressman kasich in just over an hour here on our team member there's more stories on our web site also our dot com here's what's a click away for you right now made in china u.s. congress exposes counterfeit electronic parts used by major aviation corporations
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and american military aircraft posing a potential threat to security. at around about the controversy over the russian parliament's plans to ok a bill to enforce tougher punishments for un sanction protests more on that and other stories that are team dot com and order him to check out the latest videos on our you tube channel. is. the official. from the.
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video. and r.s.s. feeds now in the palm of your. home the conflict in syria spreading across the border into neighboring lebanon where rallies have been turning violent russia's foreign minister says third parties supporting the unrest should stop breaching the u.n. mandate and be honest about their real motives their knew was that there was this a real threat that the syrian conflict could spill into lebanon when due to its history ethnic and religious makeup could turn out badly it's a pity the divisions are being artificially stirred up between the shia and sunni populations the aim of the syrian opposition and those financing you know make it from abroad is obvious to me to disrupt peace plan grossly violates un security council resolutions those behind it. they want whether they're ready to assist in ending the violence and start a national dialogue or if there's
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a hidden agenda they're following it's aimed at regime change in syria. but that's the way the recent spate of unrest comes to syrian rebels reportedly kidnapped thirteen lebanese shia muslims returning from a pilgrimage clashes between pro and anti assad supporters and a lot of it on have also left a dozen dead over the last few days go live now to lebanon and who joins us on the universal peace federation thanks for joining us so if you are in beirut there among the what's going on do you predict more violence for the country. well it depends on the situation that has been an incumbent situation so far i meant to the kidnapping just like you mention the thirtieth and i happen to have told a lot of mine between the thirteen actually or among them that the who were kidnapped they come from my own village and from baldrick you need a village and i do not condemn such a crime i believe because this is
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a hostile action on behalf of any party let's say because both the parties i mean the oppositionists and the loyalists to the government so far they have not accepted such you know. and that tension that they have had that or they have done so so far inside syria but all all indications are report all really that the opposition as i meant the syrian free army has perpetrated such an action and we all are praying so far as ambassador has not seen myself or peace activists human rights activists inside lebanon and all of these people we believe that such an atrocity is not supposed to be well i located at this time especially between sunnis and shia in the syria or inside lebanon after the assassination of the she had in our car also the tension has been rising so far my friend from our car to beirut and now inside aleppo syria and then god forbid not you know as
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a response by the streets or by the people or the shias themselves inside lebanon whether on only half of i am alone when i know the situation needs wisdom it needs an action by the top leaders or top officials of lebanon and so far we have been witnessing calls and interventions by the president by the prime minister the foreign minister the speaker of lebanon and major religious men from both sects unfortunately to say because muslims they should be united under. one religion and not the design team board the leader of any said let's see but this is the truth and this is the reality is so far that has been dividing the streets inside lebanon due to political and religious applications the growing islamist movements actually in the north in tripoli ordinar crowd and in major cities in lebanon and
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even inside syria to the that they have been supporting not only the opposition is an army and the national security council so for sorry to hear about those you know who are among the kidnapped obviously we wish for the best outcome there russia's foreign minister is saying there is a real threat though of the syrian conflict spilling across the border into lebanon what would be a larger scale consequences you think if that happened. well in case those kidnapped by the by the cia let's say oppositionists if this is the truth then anything that happens to them if they were killed or assassinated or shot in the bushes inside the lip or any major city in syria this will have a major response inside lebanon and this will create more tension towards civil war god forbid and the bloodshed that this this will create no one knows where this is going to end so far only the enemies of lebanon and syria will benefit from such an ok zhen to divide the country is whether inside syria i meant the loyalist and the
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opposition is not only inside lebanon between the loyalists of government to government because at the end the president suleiman and the lebanese army truly because let us not forget the lebanese national army has been a target also by such a conspiracy whether by the plot that happened in our car and if it was true this should be well thought of and well planned by the government of lebanon and this should be a protection you know analysis out of it all is certain steps i had not to create but to control the whole situation i built the security situation through our confident lebanese army that we all believe in side lebanon as lebanese as nationalists and as followers not only to the government today but i believe we need the unity to be behind it all the people inside lebanon today thank you for
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your time anti-war activists morris a little joining us live from beirut thank you very much. now to some other stories making headlines across the globe demonstrators torching dozens of vehicles and set several shops employees in pakistan's largest city kharaj after violence that broke out at a political rally in the city tuesday a gunman opened fire on protesters there killing at least nine and injuring more than thirty hundreds of diet and politically motivated. it's taxing the city which is often targeted by taliban and al qaeda militants. has been found in argentina's capital a day before a former colombian president's visit to a country explosives were hidden in a buenos aires theater where all of our zero a rebate was scheduled to give the speech authorities say the bomb was designed to be triggered remotely a rebate crackdown on drug smuggling guerrillas during his two terms as columbia's leader raising suspicions they may have been involved in the plot. firefighters rescued around six hundred people after a blaze tore through
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a high rise office building in mexico city twenty people suffered carbon monoxide poisoning one person treated for serious burns seven people were evacuated from the roof by helicopter initial information from urgency services suggest an electrical fault in the basement may have been the culprit. time to get the latest from the business desk marina joining us there following the markets so how are the russian markets are they still taking a beating or as the economic situation on the markets improved. well it's. the figures are still deep in the red if we take a look at the figures was that they minimized their losses ever so slightly as you can see the arts yes those shouting over three and a half percent there and then my six is not far behind we have a number of reasons for that despite the european concerns of course we also have declined in oil prices and this is always has a great impact on the russian economy and add to that we also have the russian government which has the side of not surprised it's
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a stake in some major russian energy companies now if we take a look at some individual sham lives on the my sites with seats of course a sea of red naturally has where i'm setting a four and a half percent there and then we have a russian major power generators are as i am loosing hydro which i posted significant losses and in fact these are two of the companies that are part of russia teachers for us and they're the ones that the government has decided to privatized moving on to europe and it's of course a silver there as well as i mentioned but investors there are focusing more on greece there's a european meeting taking place today where they'll be discussing on the growth of the euro zone and the prospects of greece and if it leaves the euro zone we also heard from the former prime minister of greece and he said there are already preparations on the way in case greece does exit the euro zone and he said if that does happen it will calm cos investors are taking this news very well now banks and
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resources are leading the declines and we can see that both the footsie and their backs are losing over one and a half percent who say look at oil prices as i said they're ahead in south for the second day and they're zero that's after i have an employee break which was followed by a six day losing streak that's what happened before that and this all comes on the back of rising. u.s. stockpiles as well as a wrong region in agreement with a united nations when it comes to current sees a similar picture the euro is still losing make as the dollar when it comes to the ruble it's also used against of both major currencies now you know the news the man who coined the term the brakes when it comes to emerging economies said that too much emphasis is being placed on the fate of greece not london's we'd seen it before him there and jim o'neill from goldman sachs said that the growth of these emerging economies and i mean brazil russia india and china is a far more important towards the health of global economies. in the concept of the european crisis for example. china creates the economic equivalent of another
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greece every eleven and a half weeks so you could wipe greece. and within eleven weeks china's created another one last year the combined g.d.p. of the four brics increased by about two point one trillion dollars so the equivalent of creating another italy every fifteen months or so has been and it remains the single most important global economic story of our generation. and of the new zero as far as the letters have said with how facebook's initial public offering was promoted must be a review then that's all reports the banks on the writing the i.p.o. says they call it the forecast financial forecast in the days before the offering without publicly disclose in this information now investors have already filed a lawsuit against facebook and its on their riders for violating securities laws
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and in addition they're also saying that's that claiming there was a negligence in handling orders for facebook shares which led to losses and shares in the company have lost almost a fifth of their value in just three trading sessions. that's what i have for you matt will have the next update for you that's it from the right thanks very much for that update marina. well coming up shortly we discuss what nato has achieved over the last decade and the future of the alliance but first a recap of our top stories stay with us.
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question is that so much i know in which of course you might want to comment so here's a make up artist because from that summit in chicago this military alliance was cited for many things in principle like ending the occupation of. here the reindeer isn't everything for the herders. and when it suffers people do their best to help. book. but the distances are. and the roads are tough and unpredictable. will the roman need be on time.
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well into the future cool demonisation is the name of the game whether you're saving lives or designing tomorrow's architectural masterpieces pleasers decision is what matters most the technology of the future to so maybe it's your fingertips technology i'm taking care of on a larger leash on the future coverage. wealthy british scientists on. that's not on the. market why not. come to. find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into current.

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