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tv   [untitled]    May 24, 2012 12:00am-12:30am EDT

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second day of on historic first egyptians are set to cast their ballots in the final round of voting in the country's first presidential election since the fall of hosni mubarak. fresh talks impending on iran's nuclear ambitions tehran refusing to bow down to foreign pressure and swap enriching uranium for incentives who brought. the nazis in the nursery outrageous and in essence uniforms give history lessons to children in latvia the country again under fire for the way to trace its roman world war two.
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this is r.t. international news around the clock welcome to the program egypt is preparing for the second day of its historic presidential election to decide who will replace ousted leader hosni mubarak a number of former regime officials and the mists of the main contenders face remain that the ruling military won't give up power. has been following the vote. election fever has gripped egypt with a record number of voter turnout expected in these the first properly contested presidential elections in the post mubarak period i'm standing at one of the schools which has been transformed into a voting station and although there is a large number of people arriving here to cast their ballot their numbers have been warped by the number of security personnel one hundred and fifty thousand troops have been deployed with regular and military police patrolling the streets and also
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the entrances to these voting stations now this comes on the back of growing concern that the military will not from a true to its would to hand over power once a new president is an announced the other concerns are also the role that these lamas will play in defining egypt's future and here interesting enough the islamists have not fade as well in these elections as they did in the parliamentary elections several months ago and this is partly because of poor management of the parliament and also because these numbers went back and they would not to field a candidate for these presidential elections but by and large most egyptians do believe that these polls will be fair and this is despite reports of some election irregularities we're looking at some fourteen thousand judges who have been deployed at just under fourteen thousand polling stations now the voting will continue until late tuesday with the counting expected to finish sometime saturday
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or sunday at this stage though it seems highly unlikely that any of the candidates will receive a fifty percent majority which means that they will need to be a runoff come the middle of next month with a final announcement expected on the twenty first of june in terms of who egypt's mick's president will be that president will have his hands full he will need to deal with the rampant corruption poverty and unemployment policy r t cairo. political analysts have be there ramdani in cairo says the main contenders don't represent the revolution it's not even clear what powers the new president will get. if an islamist is elected there are concerns about the fact that it should stifle pluralism parliament in egypt is already dominated by islamists the drafting of the constitution is being done by
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a majority of his image as well and the fear is that they will put in place of an equally authoritarian regime but based on religion now we former member of the mubarak regime was elected then the fear is that. this person will not. challenge the the structure of the mubarak regime and he will not challenge also the military's grip on politics the responsibility of the new president haven'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 are voting for somebody who doesn't quite know which power he will hold. iran and six world powers are expected to return to negotiations later on this day after exchanging demands during
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a fresh round of nuclear talks in baghdad the world powers want iran to stop its reign in richmond exchange for incentives something to iran refuses to do mean turn declined iran's calls for an easing of economic pressure on the country instead of fresh sanctions are expected to begin in just over a month's time targeting the country's oil and nuclear sectors as well as international trade links the u.s. and israel have indicated their readiness to attack iran to let you see fails to curb its nuclear program british political analyst chris bambery so their own program has become a matter of national pride for its people and they won't easily give it up. iran is of course virtually surrounded by american bases not just the american presence in afghanistan so they're ratcheting up the military pressure in the oh it's associated with the tensions over syria so there is a game going on here which is a very dangerous game many people who would not support khamenei the supreme lord
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would take a position on this because it's an issue of national pride and i don't really think the west understand just how far that goal is and how deep the record of people's memory and understanding of western western involvement in iran is which stalks resentment of the west treating iran is of a somewhat older child and refusing to accept the repeated promises and statements that this is a peaceful nuclear program i think it's ironic that we have a british government telling around you can have a nuclear program which is replacing its tried a nuclear missile defense a so-called defense system and is expanding its nuclear program you know so it's ok for the brits and it's ok for other europeans in north americans why not for random is double standard here. you with r t and still ahead for you this hour courtin conflict foreign powers pledged to find peace in syria we've got the latest on how the violence there is spilling over into neighboring lebanon. but state secrets on
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the super screen how hollywood has the inside track on the great capture and kill osama bin ladin. the european union wants to keep greece in the euro club pledging to stand by it but only if it sticks to its financial commitments the country's economic turmoil was the main issue facing the unofficial get together in brussels euro zone is taking steps to safeguard itself from a possible greek exit which could follow the country's elections in june france's new president francois hollande steering the focus towards growth calling for a new discussions on joint regional boring that's something germany has long spoken out against corn belt tightening stead john locke and of the institute of democracy and cooperation believes the e.u. is trying to scare greeks into accepting cuts. i think that on the one hand the warning that contingency plans should be made is
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a realistic one because i think that there is a very dangerous very great danger that the or very great probability that the euro will break up. even though i am a long term critic of the euro in the euro project my view remains that the european political class will do anything and i mean anything to keep it together in other words i think that this call to set up contingency plans is in fact brinkmanship the european political class by issuing this warning is trying to make it clear to greek voters that they have to choose the euro and they have to choose the austerity program the elections are going to be elections or at least unless there's a military coup in greece which by the way i don't rule out or some other kind of coup elections will obviously decide it the strange thing is that is that the leader of the new left party the man who emerged really is the effective winner of the original poll and who may well be able to form a majority on june the seventeenth he says he wants to keep his country in the euro
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but of course he doesn't want the austerity plan now if he were to be elected and to really go mr to palace he's promised to do then i have to say i think the game would then probably be the rug would be pulled on the so-called bailout plan and presumably there would be some kind of collapse in greece some kind of default. the status of facebook c.e.o. mark zuckerberg isn't looking too good right now his company is once again facing lawsuits social networks market on friday resulted in a sharp share price nosedive with several investors set to take legal action against the company as well as the banks involved taishan let's get the timeline straight now from marty's going to try to get. a group of investors as launched a class action suit against facebook and several banks now the u.s. securities and exchange commission as well as the financial industry regulatory authority are also looking into a possible fraud on the first day of facebook stock sales last week investors say they lost billions of dollars because the banks which prepared the initial offering
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price beefed up the price knowing that facebook's latest performance record showed we can grow so the claim is that a select group of participants in this i.p.o. which includes facebook at solvent investment banks like morgan stanley j.p. morgan and goldman sachs drummed up invest the sport over the social network stock in the run up to the i.p.o. put a price tag on it of thirty eight dollars per share while withholding information from the public about facebook's weakening growth you to facebook's expansion on mobile devices which means that they get to sell less ads those are the allegations needless to say that the shares plunged in the coming days that now stabilize that around thirty two dollars those who lost are those who bought as the initial offering price price put forward by morgan stanley j.p. morgan and goldman sachs as it happens on wall street somebody made a killing certainly not the small investors who believed the assessment of those
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companies it looks like it's going to be a long process the law here is tricky as to what could or could not be considered as withholding information but many are sure that the excellent lawyers of those banks will certainly find a way out of this after all of those banks namely morgan stanley j.p. morgan and goldman sachs pulled off much more complicated schemes the ones that led to the financial crises of two thousand and eight when they played around with mortgage backed securities not only did the crisis hit the u.s. economy but it affected the whole world and nobody was prosecuted for any of that so the facebook i.p.o. was probably like a walk in the park for them analyst. several reasons why corporations can get away with a lot on wall street one of them is the complexity of the operations went on the insiders understand what's really going on and the public can be easily duped and another one the government is not very eager to regulate them. or financial analyst
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margaret bogan ready for believes facebook's finances won't be too badly affected but stopping the share price says the whole story will eventually burst the bubble of flotations. there are two pricing issues what we're seeing from you know kind of the release of documents and people speaking is what these insiders did is they priced the before in two different ways they said retail for thirty people like you and me will pay forty dollars a share given the information that that has been released from facebook but insider or institutional investors will only pay thirty two dollars a share and that is arguably where that thirty dollar a share price came probably before with actually pretty upset given you know delay in the nasdaq watching given the technical glitch i don't necessarily think that that's related to the entire trading but i do think that if anything it's just showing that there's competition between these exchanges i always thought it was a little overpriced i think it's just one of those things that you know everybody
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knows what facebook is i think there is the significant value there i think at some point you know social media is going to learn how to monetize you know all the eyeballs that are hitting it every single day i don't think that this is going to destroy the company but i do think that we're going to see kind of a pop in both the i.p.o. bubble and just a tadpole generally when more analysis on that facebook's i.p.o. downgrade at r.t. dot com is what else is lined up online. thousands of students in canada unite in protest against huge pound rising tuition fees and i thought his adoption agency ignored some attempt to restrict protests. and to top with the burgeoning the sonship talks to ecuador's president the dramatic attempts to oust him and his defiance of washington see the hard hitting interview shut down or all you tube channel. protests have been held
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across syria but demonstrators showing their support for a cleric shot dead in lebanon his killing in the recent kidnap of the living is turning. a spark massive unrest clashes have left a dozen people dead in lebanon in the last week alone in this conflict in syria spilled into the state recent violence and tension between pro and anti asset supporters in moscow has warned foreign states to stop fueling balance in the region and come clean about the motives. or activist says a foreign hand can be felt in the troubled streets there's plenty of powder here but there's also plenty of sparks going on even new seeds being in a hard to rock song. beirut here my neighborhood there were young men on the streets and threatening the general peace why she's in the universities here at st joseph's university it does feel. very very tense here and hopefully the
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wisdom of. leaders. well let's be frank the americans have tried for years to reignite a conflict here between the sunni and shia that's clear jeffrey feltman has made a many career of that since two thousand and five also the goal of countries and part. now it's a baltic states divided over the soviet period of its past and how that fear has seen its society split once again this time about its future there's been outrage as to not see sympathizers there appeared in a video wearing off an s.s. uniforms giving history lessons in a kindergarten but introducing the hot seat weapons to three year olds what is an exemption scares the story. this was described as a lesson of patcher it isn't in a kindergarten in riga. was. in fact the man who wore the uniform of lot of years as sas legion which fought on the nazi german side
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in the second world war one of the outfits even boasts the notorious thunder like symbol moreover they let the three year olds play with real nazi weapons this is a grinning police ring and buying just like a party popper during christmas despite nazi symbols being outlawed in law to be along with soviet emblems no legal consequences have followed so far the owner of this kindergarten who is also a right wing nationalist party member sees nothing wrong. but this is our history and no way to tell our children who the legionnaires were you see in this kindergarten and i will decide how will teach our children how we will make them proud of their country and its warriors will get it but the incident has sent shock waves across the land this woman asked us to hide her face fearing nationalists could abuse her after the interview she says her family will now have to consider
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her four year old daughter's future education little teen with normal it some thinkable things like that must never happen close to children and i'm strongly against it i'm scared if things like that become frequent i'll have to take my daughter from the kindergarten and keep her. in the head of a lot of his anti nazi movement says the incident is not a one off such lessons he claims occur on the regular basis in schools national wide. they usually happen on sixteenth of march known as the country's legion day when former assets fighters marched the streets of riga along with right wing politicians and he with supporters similar gatherings happen and you only in another baltic state with a difficult history as. a parliament. i remember speaking at the european parliament trying to convince deputies not love is a nazi free country now i have to admit to a great shame due to the action of some movements neo nazi is a stronger here with the youth don't understand the horrors of naziism and easily
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fall into this propaganda since gaining independence the baltic states have been vocally critical of the soviet period of their history calling it an occupation those who fought against the u.s.s.r. are called freedom fighters by some here even despite the fact they were allied with a genocidal nazi regime the most murderous in history what concerns many here now is that such lessons of graduate ism in the long run will not teach history but simply breed a future generation of neo nazis in the heart of free europe this latest incident has once again shown how divided the larger society is about its past and while the people here are still trying to determine whether these men were right or wrong many still agree that bringing real weapons three year old was a major offense at least from a moral point of view. r.t. reporting from riga in latvia. well there are more stories from around the world
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now this hour fire has broken out in a u.s. nuclear submarine in maine injuring four people will start not directly involved in part by being evacuated because of the blaze is not yet known but the vessels that nuclear reactor was not involved in their weapons aboard so dr shipyard for system upgrades. its uneasy in military tribunals seeking the death penalty to countries ex-president and i fled to saudi arabia as protests to new zealand journalist here has already been sentenced to sixty six is in jail on charges. on three hundred people killed and wounded during the uprising that ousted him and sparked the spring revolts across the region. the pakistani doctor who helped the u.s. find some of bin ladin has been sentenced to thirty three years in jail. reading was accused of running
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a fake cia vaccination program as part of the hunt for the former chief of court convicted of treason he's also been wanted to pay a fine three thousand dollars u.s. special forces killed in lawton during a raid operation. well in harden might be dead but new life is being breathed of the story of his capture and killing many of the details of his assassination have remained a state secret but not it seems if you're a hollywood filmmaker with an oscar winning director being granted special access to the white house for a new film it's called reporter josh gerstein thinks it's all part of a p.r. campaign for president obama ahead of november's election. it is reason really puzzling you may remember there was a big burst to publish that he had day or two after the seal team raid that killed osama bin laden and then all of a sudden at least publicly the administration put the brakes on and said look there's been too much talk about this it's getting out of hand no more information
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should be put out we're troubled by what's come out already well it turns out behind the scenes they continue to meet with these hollywood filmmakers and to give them at least some sort of pretty interesting special access not just to the decision makers involved but even to some of the secret places that the cia used to get ready for this raid they were just so eager to get this story out because they thought it was such a beneficial story for president obama triumphant president to do it you know killed bin ladin something that his predecessor had not been able to do so there's no question this is a very politically potent story so whenever you hear about secret deals being made to give certain people information in a way that might benefit the public narrative you do have to wonder if there is some political motivation here. united states is now facing harsh competition from commies tice awaits highly skilled entrepreneurs this illusion to the american dream that many of the children of us in ignorance to go back to the countries
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their parents were born in and start life that. karen asia is an american citizen pursuing his professional dream in a country his parents abandoned decades ago the twenty six year old relocated to one of the world's fastest emerging economies seeking the success and security that america just couldn't offer i thought that in india there was more scope to actually break through and do something that was revolutionary rather than just full of the trends the berkeley graduate has launched a health care business in new delhi providing medical services to people of all ages and asia isn't just an entrepreneur he's the face of a growing migration trend which shows highly skilled children of u.s. immigrants moving to less developed lands abroad for a better quality of life if you look at developing countries india especially. there's a very different type of entrepreneur that comes out here there's things that are tangible that you can see being fixed and i think that's one of the reasons why
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people are coming out here there's a different opportunity here you can do something and actually see the fruit of your labor today's u.s. labor market currently offers only one job for every eight applicants. while youth unemployment remains above sixteen percent my parents i always tell them like you know like any kind of security you think you have is completely false because anything could happen and you could lose everything armed with a degree in environmental geography and public policy. hasn't been able to land a secure job since two thousand and eight when i started applying and i just wasn't getting any response i was completely like at a loss i don't know what to do the twenty seven year old will soon be relocating to india where she plans to launch an environmental nonprofit organization for sustainable living she says the american dream her immigrant parents chased three decades ago has become something of a nightmare one of my main reasons for. not wanting to live here is if i start
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a family so i don't want my kids to deal with what i had to deal. in terms of like going to school or paying one hundred fifty thousand dollars for an education that didn't really get me anywhere and you know god knows how much it's going to cost you know in the future a rapid accidents of enterprising americans may cost the country its economic supremacy and competitive muscle if skilled innovators are chasing brighter futures outside their borders many experts say the land of opportunity stands to become the land of last labor i can assure you from countless talks i've had with big business leaders here in new york that they agree most large companies that are multinational corporations are referring to the united states these days as a quote unquote mature economy that's a polite way of saying no growth anymore over the decades india was dreamed of its best and brightest as millions fled for a more lucrative life in america today's trend may see that brain drain in reverse
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during a port in. new york. ok it's time to check in with business that's now green is there. hi kerry well this hour we're looking at asia as the only one trader right now and it's a choppy session and for a second look at the figures and the seas are in the red investors are still digesting the details of the ones there is no have more on that later also we have cells from the china we have economic data is magnified to that since it contracted for the month of may and that's and i was thinking this is for exporters according to h.s.b.c. survey and in fact analysts say that the findings suggest that there's a because for a more aggressive reason soused in the late growth once again was staying with a china is now says that it will encourage private investment in energy railways and telecom sectors that play it's called as the constant growth driver which is
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the export sector has been hurt by falling global did. and then china's economy expanded by an annual rate of eight point one percent in the first quarter and this is the lowest in almost three years. while considering on where the markets will take a look at the us this is the picture of wednesday as the markets are closed right now it was a mixed picture as you can see that some stocks moderate seems with cava from midday losses and that's as investors are looking for hopeful signals that the eurozone couldn't manage a possible exit of greece from in the euro zone now let's take a look at what's happening in europe markets are closed as well that will open in a couple of hours time this is the picture from the closing off the session there as you can see sharp losses there euro zone leaders will be meeting today again and process to discuss how to take saw the growth there and also what about germany is a resistant brush it's official policy that's with gathering goods on that in order to ease the crisis there sharp losses across the board then the prefilled was
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mainly led by the so-called the regs that that window now and back to greece is that is a problem that the euro zone could make russia's economy contract two point one percent in the first year help lead the sperm banks research team says greg so it would also key to play with the almost seven percent from the current five percent and that's because europe is responsible for half of russia's likes boys mostly energy which is also going to drop in price. going here in moscow snouts why hours ahead of the opening bell as you can see sharp falls russian markets took a meeting yesterday despite the all over seas of losses that we saw russian markets were also reacting in sioux falls in crude prices as you can see the artsy has dropped over four percent while the mindsets lost almost three and a half percent there and all this in just one session or less like a look at oil prices and now they have managed to escape negative territory which is always good for the russian economy there it's there from
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a seven month lows and so. of the five things that influence and that was the signs that china will take action soon stimulate growth once again never take a look at current sees the euro as a for its against the dollar as we can see there when it comes to the ruble at a loss against both major and says otherwise they will have the other things for this about whether the us markets open which is about soursop for now as i mentioned before that but so you carry ok we will have more from you later. but a few minutes will be discussing the impact of america's foreign policy on its economy. when our top stories.
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