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tv   [untitled]    May 23, 2012 11:00am-11:30am EDT

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egyptians choosing a replacement for the ousted president mubarak made concerns the revolution is being de railed by stagnant candidates and a hardline military rulers. break through or break down iran's nuclear program in focus and under pressure again with a new round of negotiations between tehran and the west. e.u. leaders gather in brussels to dine and discuss salvation for the euro zone with many believing it's time austerity came off the menu. the rosten market suffered a loss is today as a total prices don't buy second day in a global slump takes. over the details of the business but it can and about spend some of its time.
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seven pm in moscow i match reza good to have you with us here on r t our top story two days of voting under way for egyptians as they decide on a president to replace hosni mubarak who was toppled from power last year but the votes already been marred by bloodshed with a police man shot dead outside a polling station in cairo as for the voted self-sown who took to tucker square to bring change say none of the candidates represents the revolution as artie's paullus leader reports. they stayed down the police and the military and they won but now they're staring into an answer in 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 all it is just no one chanters for elections they wanted to free them now there's a monthly massacre that takes place when people protest we don't even have the
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right to be listened in the big square how can they really support the east in the fall of what. it took my arm and other 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 since the frontrunners include a moose or insider former egyptian foreign minister and hit of the arab league abdel moneim of doom for top former brotherhood leader cairo physician and long time auntie mubarak just wouldn't 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 islamized candidates means the islamist vote is split although on foreign policy issues they're united. in constant believe that the two of them will try to improve the relations but mark on the expanse of egypt's relations was
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the last of. them are going to try to improve the relations was israel. i believe it's going to get more. chances are high that egyptians will vote in an islamist president but they support his no we near what it was in recent parliamentary elections was egypt tough on. civil servants have picked up a suit to consider the status challenges to. many of the thirteen candidates it's expected to top fifty six making a run for. highly likely but the delays are making egyptians edgy time and again the ruling generals liff don't as to whether the elections would even happen and concern is right that the army plans to stay in power with least pull the strings from a far but dr hassan the far disagrees a military coup has to be excluded and if it is then they thought it would be very
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very violent and there would be other thought of bloodshed think there is very much . there's been little about this you mention it's been predictable and imagine who wins the new egypt is likely to look and not 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 . let's get some insight enter reaction there from cairo based political analyst and journalist. so some objections have voiced concerns the military won't respect the outcome of the vote they may even go far enough to rig the ballot do you think those fears or warrant it. well there have been concerns expressed are indeed interference in the voting and i think egypt has tried to play the transparency card by allowing international monitors from several organizations including the european commission the league of arab states the african union but
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also american organizations to get into the country to a supervise the elections to make sure that the elections are fair and transparent so they are addressing that major concern indeed now the new egyptian constitution is still in the pipeline and it's unclear what powers it will grant the new president do you think the outcome of the vote what do you think the outcome of the vote or influence the constitution. well that's a crucial point you're raising because of course it's important to hold you know free and fair elections for the first time ever egypt but the reality is that the new responsibility of the new president hasn't hasn't been defined yet the new constitution hasn't been drafted yet so this is a major stumbling block to democracy as. you know people have
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voting for somebody who doesn't quite know which part he will hold now some activists who are in tahrir square last year say they don't feel represented by any of the current crop of candidates who do you think they are supposed to vote for. it was around early january where that's a you know one of their fears the young revolutionaries who massed on the his square last year feel they are left without a viable candidate to represent the spirit of the arab spring and to succeed mubarak they fear that it is a straight choice between either an islamist candidates or indeed a former member of the mubarak regime now if an islamist is elected they are concerns about the fact that it should stifle pluralism a parliament in egypt is already dominated by islamists the drafting of the
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constitution is being done by a majority of business as well and the fear is that they will put in place illegally or solitary regime but based on religion now we for former member of the mubarak regime was elected then the fear is that the this person will not. challenge the structure of the mubarak regime and he will not challenge also the military's grip on politics so and we've seen how young revolutionary groups have actually called for a boycott today. where users parliament is largely run by islamists where is that taking egypt domestically and internationally do you think. i think there are legitimate fears is that. as i said it will stifle political pluralism in the country the vast majority of egyptians. are concerned that
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already. a parliament already dominated by islamists. islamists in charge of drafting the constitution and if on top of that you have an islamist president then i think a lot of interest groups are worried that they did they will hold too much power but it has also to be said that you know wandering around the you know egypt and talking to people. anxious it is not so much on ideology it has to be said but more on pragmatism at the end of the day egyptians are looking seeking to elect somebody who scape a ball to fix the economy of the country forty percent of egyptians live below the part below the poverty line a youth any moment is. huge and it's
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a major major concern and of course the main industry tourism has been hardly hit by the unstable situation over the last year so the man at the egyptians are seeking to elect will be somebody who can restore both. law and order to the country and. get the economy working again. thank you for your insight nabila ramdani political analysts and journalists live for us from cairo. well in lebanon the conflict in neighboring syria is increasing violence and tension between supporters and opponents of president assad clashes left a dozen people dead there in the last week alone artie's marie if you know she has the latest from the lebanese capital. and overnight of street protests in beirut. it was sparked when thirteen lebanese pilgrims were kidnapped in syria apparently by groups linked to the syrian rebels the lebanese capital witnessed what it hadn't
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seen in years as who i am not about here but are moving to a real war between sunni and shia muslims and this is at least what i see in the last day. the reason the spillover from the chaos in neighboring syria shia muslims here generally support syria's president assad while most sunni's favor the rebels likewise lebanon's ruling coalition led by the powerful share hezbollah is process while the opposition backs the uprising the situation is getting worse obviously in the region and this is having a spillover effect here in lebanon and where we're having to cope with the consequences of that there's also internal tension that's increasing there's a large flow of refugees and there's a lot of instability all around us. some though believe the problems in lebanon aren't only down to the crisis in syria local observers like spanish journalist thomas al qaida says they are a symptom of a deep divide that's long bubbled under the surface but it's not it was there were
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many unresolved issues after the nine hundred seventy five nine hundred ninety seven war like religious division and the authorities didn't sort it out and now they're discovering it again they kept the situation of instability for many years and that's a good ground for a new conflict like a spark in a powder keg get out of it and the bad news is the resplendent of power in the cag the recent history of warfare hand makes sure that and means the political and religious refits are even more dangerous there were more the state of our liberal know there are so many factions now sunni shia salafi is what's really bad everybody has weapons not only hezbollah they may think but everybody in every house and they use them for about a shia. sunni neighborhoods exist side by side in central beirut and in recent years it's been a stable peaceful arrangement but the syria effect means fear has now grief them feel over it turn into a deadly bloody past which residents here desperately hope to avoid but doing it is
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nothing that there's nothing to do but it takes all what's happening in the region at the moment my sister says but then you support the against violence in lebanon this summer to feed her he will have to leave for that would be cool if it was still happening and now mud is seventy he remembers all the major conflicts more than lebanon has gone through and has a chilling full cost about the latest trouble sure there are you back what i see no reminds me of the nine hundred eighty two in two thousand and six israeli wars and the one nine hundred seventy five civil war and the two thousand and eight political uprising here i didn't think i'd witnessed yet another conflict in my life. but it seems a worse case scenario could be getting more and more likely this neighborhood in beirut where the violence started is known as the to consider the deep meaning new roads many fear this road may lead the country to civil war. marry for
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nationality beirut lebanon russia's been trying to mediate a peaceful solution in the region with the country's foreign minister giving a clear call to foreign forces to stop fueling the violence and cunt plain about their motives. there knew was that there was there's 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 stood up between the shia and sunni populations the aim of the syrian opposition and loose financing you knowing it from abroad is obvious to me to disrupt kofi annan peace plan grossly violates un security council resolutions those behind it must honestly say what they want whether they're ready to assist in ending the violence and start a national dialogue or if there's a hidden agenda they're following and aimed at regime change in syria but iran is hoping to convince world powers its nuclear program serves a peaceful purpose and isn't about making bombs a new round of talks started in baghdad with more pressure on terror and to stop
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higher grade uranium enrichment which it's feared could be put to military use iran has already tried to use the worsening relations by tentatively agreeing to a new way inspections of sites suspected of involvement in developing atomic weapons washington says they'll be no let up in the heat on terror audit fresh u.s. sanctions expected to hit in just over a month targeting the country's oil and nuclear sectors along with international trade links independent photojournalists niall boeing says iran is a long way from developing atomic weapons. it's not a weapons program there is a individual and anything to bastion was the former view and its nuclear weapons program director earlier this year he sent a open letter to bravo obama basically explained the fact that the iranians use gas based centrifuge use products of their see if you would be of gas taxes right now or to make
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a weapon out of that you have to convert our gas to metal doing so it's very it's very dangerous takes years it's never been done here on any resulting weapon you get from better procedure with field about a chill a ton of condition would slow so it's entirely impractical for the iranians to weaponize for a grammy is and i think if they are open about the fact that they're developing you know medical isotopes for research and things like them i think if they're open with the i.a.e.a. and the u.n. is you know just in patient for continual pressure and these economic sanctions that are really hurting people right now in iran conditions are ripe for kind of a cold revolution with a degree of evolution reviving that if you will and believe me you'll have the u.s. civil society groups a lot of the national endowment for democracy you'll have soros open society institute all over in. your opinion matters to us we'd like to know what your thinking about the stories we're covering today we're asking what does the nuclear
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deal between iran and the west really boil down to more than half think it means nothing as it won't prevent a strike against iran nearly a quarter say it's the last chance to stop a war the middle east eleven percent say it means iran desperately needs oil sanctions lifted just if you consider it to be a trick and by tell ought to proceed with building a bomb what do you think the r.t. dot com and have your say. e.u. leaders will have an informal dinner later in brussels but the main chorus will undoubtedly be the euro zone's crippling debt crisis are growing by. the austerity driver heralded by france and germany has backfired sending weaker countries into a spiral of declining europe's appetite is moving away from austerity greece on a very good leaving the eurozone while spain is rocked by protests against further cuts or ports a single currency and member states are preparing back to back up plans for the consequences of a greek exit france's president or laud wants the strategy to shift and growth something germany is reluctant to agree on both sides have to reach
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a compromise ahead of what could be a decisive second the greek election in june belgian n.e.p. and turkey thinks the eurozone needs to learn to balance cuts with prospects for growth. 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 those terribly because all budgets are blow to that already for a long time many countries have too much debt on the other hand we have to be stalled competitiveness make sure that and to put in and set up companies again then that the economy starts growing again but we need we need lower taxation we need competitiveness and all these things these things we have to do and really in a few years time because you know now we're 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.
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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 a disagreement between paris and berlin and that is really at the heart of the eurozone if if germany and france do not agree the line to take then do you is really in trouble. practice what you preach is a golden rule that germany may be failing to follow or he's peter all over of course from berlin on how germany is applying its own belt tightening policies. the merkel message to europe is clear that storm going to grow by a structural reform is important and necessary but a debt ridden growth would only revive a crisis were one that will not do that so all sturdy all
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around however don't expect german belts to be getting much tighter. 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 plan savings as the boomers were young the federal government promised in twenty ten that they would cut over ten billion euro 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
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a bit while at the same time telling orders to work hard our deficit goals were 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 for former presidents of the german parliament. who 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 goods bring cleaning
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tradition in the blood to the budget and start saving. there are those who argue that the recent growth posted by the german economy means that they're under no obligation to the rest of the proposed eleven billion euro that it's only those countries posting negative growth that need to trim their spending but the reason why the cards 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 that leaves 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 at home under merkel's christian 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 because the theme of the christian
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democratic party has a tradition of celebrating its victories together it is the same for the defeats this is a common defeat we have discussed this defeat today and looked at length and that you just will 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 madrid in rome when her party's policies can't even win over the people of dusseldorf piece or all of the germany a russian antonov thirty a plane with twenty three people aboard as crash landed in the czech republic injuring six people but no a terror craft caught fire in an accident at an air base near prague according to the russian defense ministry the plane's nose wheel collapsed on landing all those injured are thought to be russian military personnel with two in serious condition the aircraft was on an inspection flight under an agreement between nato and former warsaw pact countries that allow surveillance of military facilities and other
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territories as a confidence building measure. now to some other stories making headlines across the globe clashes between government troops and al qaeda forces left twenty nine dead in yemen seven soldiers twenty two militants killed in the fighting in the country's south the area's been under militant control since last year this is a country to gather for the international friends of yemen conference to help the nation overcome its economic and security challenges but. five aide workers kidnapped by gunmen in northeast afghanistan two female doctors three afghan translators abducted while going on horseback near the city of faizabad a search and rescue operation underway kidnapping of foreigners has become common in afghanistan since u.s. backed forces toppled the taliban government more than a decade ago. demonstrators in pakistan burned vehicles and set shops on fire in a fierce rioting in karate after nine people were shot dead at
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a protest gunmen opened fire on a political rally in the city tuesday also wounding thirty eight it remains unclear who is responsible for the attack on the demonstration organized by nationalists crotches home to several rival political factions and armed violence between them has become commonplace. with all the news from the financial sector russian markets finished the day's trade you said it was a negative close but how bad are we talking yeah it was pretty bad actually matt sharp losses we were looking at and it's all about a global summit the moment it's not just hit russia we've got losses in asia europe and now the u.s. so we'll kick start with having a look at how the l.t.s. of them i think finished up the trading session today and as you can see the r.t.s. then nearly four and a half then down the my stays to read a half nearly so it really was a bit of a disaster all round now all price is declining also played that paul it as well as
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the russian government deciding not privatized it's taken a number of energy companies but the potential great exit of the euro zone remains the overriding to dave so let's have a look at some of the biggest brigit's him also see how they finish up the trading day we have a five percent down we've also got m.r.'s payrolls high drive two major power generators here in moscow and that two of the company is listed as state companies that will not be privatized that was also in that performance today let's go to the u.s. because they're now in the first part of the day and as you can see the dow jones is now nearing their lowest level since december so it's really echoing the slide inequities around the world that i've been talking about the intensifying concerns that greece will exit the euro zone is really the overriding thing let's get on to the euro zone to see how they're performing now and go about who has given no head that germany who support these year overall now the new prime minister sorry
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president as they are from a log that's what he's won and that's what he's going to be pushing for in brussels little the e.u. leaders amazing now months in charge in called head of the euro said he says that if greece do leave the eurozone this could get rid of some of the anxiety. i. fully support the idea that the grags that so-called gregg's is the exit of greece from the euro will be very positive for the markets it removes the finks which market fears most uncertain to you and was greece so as long as the european community able to prove that it has sold it for war i think that the markets could actually recover especially food coincide was a collective action on the taken by european central bank by us all the governments in the world to actually address deficiencies in the economist so long as. i think you know they'll be roughly the board to move the markets. so let's see those oil
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prices now as you can see our we've got the exchange rates good stuff on the screen so you got the common currency right there one twenty five ninety five the traders favor passes dining ever so slightly at this hour as well is that we got how the ruble finished up today and it is a lose against the euro and the u.s. dollar not as investors really had to say havens that's whether parking my money and risk aversion is becoming a problem here in russia in the city or prices now and they of course have a knock on effect on the russian markets and they are indeed to coal mining this down they've been declining now for two days after experiencing life ok now we're going to talk about the man who coined the term the brics jim o'neill now he's from goldman sachs and he's at jeddah for a movie to be for him in london and he's saying forget about all this year as i am problems we need to be concentrating on the emerging markets some talk about brazil russia india and china and he says that they're critical for the global economic
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how. and the concepts of the european crisis for example i'm so fond of saying the china creates the economic equivalent of another greece every eleven and a half weeks so you could wipe greece off them up and within eleven off weeks china's created another one last year the combined g.d.p. of the full brics increase by about two point one trillion dollars so the equivalent of creating another it's only every fifteen months so it has been on it remains the single most important global economic story of our generation all right now i'm going to be following the markets i'll be back in about fifteen minutes very good looking forward to that thank you for that update well shortly we discuss what nader's achieved over the last decade in the future of the alliance but before that a recap of the headlines stay with us. wealthy
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british scientists are. some time to. go. like that. market.

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