tv [untitled] May 24, 2012 5:00am-5:30am EDT
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the second day of an historic first gyptian is cast their ballots in the country's first presidential election since the fall of hosni mubarak. talks resume on iran's nuclear ambitions the tehran refusing to bow down to foreign pressure and swap enriching uranium for incentives from abroad. it says in the nursery outrageous event in s.s. uniform history lessons to children in latvia the country again under five to trace its growth to.
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progress in life in the heart of the russian capital this is r.t. i'm kerry johnston it's the second day of egypt's historic presidential election to decide who will replace the ousted hosni mubarak number of former regime officials and islamists are the main contenders though it's still not clear what powers a new leader will have and whether the ruling military might try to retain control auntie's put a slip 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-war barak 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 they numbers have been drawn for the number of security personnel one hundred and fifty thousand troops have been deployed with regular and military police patrolling the streets and also the entrances to these voting stations now this comes on the back of growing
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concern that the military will not from a true to its would to hand over power once a new president is 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 feed as well in these elections as they did in the parliamentary elections several months ago this is partly because of poor management of the parliament and also because these lamas went back home 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 and just under fourteen thousand polling stations now the voting will continue until late tuesday with the counting expected to finish sometime saturday or sunday at this stage though it seems highly unlikely that any of the candidates oversee a fifty percent majority which means that they will need to be
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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 express didn't 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. list that be there and danny in cairo says the main contenders in the election the present the ideals of last year's revolution. 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 a majority of business as well and the fear is that they will put in place of an equally authoritarian regime but based on religion now we feel former member of the
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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 or return to negotiations after exchanging demands on day one of the nuclear talks in baghdad the world powers want iran to stop its uranium enrichment exchange for incentives some in tehran refuses to do brain turn declined iran's calls for an easing of economic pressure on the country instead of fresh
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sanctions are expected to begin in just over a month 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 over their claims it might be trying to develop nuclear weapons but british political analyst chris bambery says iran's nuclear progress 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 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
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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 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 and north americans why not for random is double standard here. well so to come this hour brain drain in reverse the u.s. is facing a trend as the children of american immigrants excited the country their parents chose for a better life we'll tell you why. european union wants to keep greece in the euro club edging to stand by it but only if it sticks to its financial commitments the country's economic turmoil was the main issue facing eagerly that is that the informal get together in brussels euro zone
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is taking steps to safeguard itself for possible greek exit which could follow the country's elections in june france's new president francois on this steering the focus towards growth calling for a new discussions on joint region bordering that's something germany has long spoken out against calling a belt tightening instead. of the institute of democracy cooperation 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 a realistic one because i think that there is a very dangerous very great danger that the euro or a very great probability that the euro will break up but even though i am a long term critic of the euro and 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 a call to set up contingency plans is in fact brinkmanship the european political
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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 but of course he doesn't want the austerity plan now if he were to be elected and to really go on the austerity plan as 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 it's a baltic state divided over the soviet period of its past now that fear that society split once again this time about its future has been outrageous to nazi
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sympathizers there appeared in a video wearing s.s. uniforms giving history lessons in a kindergarten while introducing nazi war weapons to three year olds. as the story . this was described as a lesson of patcher tism 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 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 grenade 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
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a right wing nationalist party member sees nothing wrong. but this is our history and no way to tell our children who the legion is will we 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 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 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 nash and wide. they usually happen on sixteenth of march known as the country's legion day
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when former assets fighters marched the streets of riga along with right wing politicians and he with supporters similar gatherings happen annually 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 ism girl stronger here the youth don't understand the horrors of naziism and easily 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 pratchett ism in the long run will not teach history but simply breed
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a future generation of neo nazis in the heart of free europe this latest incident has once again shown how divided the lobby in 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 to go three year old was a major offense at least from a moral point of view. r.t. reporting from riga in latvia. well you can also find more stories online at r.t. dot com and here's a taste of what's lined up this hour thousands of students in canada unite in protest against huge and rising tuition fees brought is that the legacy law's attempt to restrict rallies. in a staunch top to ecuador's president probably dramatic attempts to oust him and his defiance of washington c b i want you to share with our two dot com on our you tube channel. the status of facebook c.e.o.
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mark zuckerberg isn't looking too good right now his company's once again facing lawsuits social networks market launch on friday resulted in a sharp share price nosedived with several investors set to take legal action against the company as well as the banks involved in the patient well let's get the timeline straight now from marty's going to. 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 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 itself and investment banks like morgan stanley j.p.
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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 at 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 believe the assessment of those 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.
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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 and released. several reasons why corporations can get away with a lot on wall street one of them is the complexity of the operations when only 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 analysts to margaret going to be phonies facebook's finances will not be too badly affected by its drop in share price it says the whole story will eventually burst some flotation bubbles 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
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priced the facebook stock in two different ways they said retail purchase 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 three dollar a share price came probably spoke with actually pretty upset given the you know delay in the nasdaq launching given the technical glitch and i don't necessarily think that that's related to the insider 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 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. bottle and just the tech bubble generally. russian opposition leaders
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alexina valmy in the survey without soft have walked free after spending fifteen days in custody both were arrested after refusing to leave sitting protest in moscow which coincided with president putin's inauguration you are going to r.t. dot com slash politics for more on the opposition movement in russia where you also discover who's who in the country's political life. what you look for more stories from around the world now this hour. u.s. drone strikes have killed ten people in northwest pakistan near the afghan border that officials claim missiles were fired at a militant hideout in the tribal area and hit insurgents but reports from eyewitnesses say it was a mosque that was targeted when people were leaving after early morning prayers attack took place despite repeated calls by islamic bad for washington to hold the drone strikes on its territory. has broken out of the u.s.
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nuclear submarine in maine injuring four people the cause of the blaze is not yet known but the vessels nuclear reactor was not operating at the time as reportedly one affected the no weapons aboard the sub which was docked at the shipyard for system upgrades. attorneys in military tribunals seeking the death penalty for the country's next president who fled to saudi arabia as protests swept the country in january last year. dean ben ali has already been sentenced to sixty six years in jail on charges ranging from corruption to torture all three hundred people were killed and many more wounded during the uprising that ousted him and sparked a swim of all across the region. french president francois hollande says he made boycott the euro twenty twelve football championships in ukraine and the case of the country's former prime minister yulia tymoshenko she's currently
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serving a prison term for abuse of power. bond has been quoted as saying he loves football but the situation in ukraine was a problem earlier at several other e.u. leaders including germany's angela merkel talked about a possible boycott of the games shot over next month mission christening calling it the case against her politically motivated in claims she's suffered abuse one in prison. some of enlargen might be dead but new life is being breathed into 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 the oscar winning director being granted special access to the white house political reporter josh gerstein thinks it's all part of a p.r. campaign ahead of november's presidential elections. 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
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there's been too much talk about this it's getting out of hand no more information 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 strong competition from . this illusion to with the american dream and the
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children. to go back to the countries that parents were born in and start a new life then. 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
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tangible that you can see being fixed and i think that's one of the reasons why 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 and 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 organisation for sustainable living she says the american dream her immigrant parents chased three decades ago has become something of
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a nightmare one of my main reasons for. not wanting to live here is if i start a family so i don't like to deal with what i had to deal with in terms of. like going to school paying one hundred sixty 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 exodus 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 you in new york. the greek 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
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best and brightest as millions fled for a more lucrative life in america today's trend may see that brain drain in reverse . archie new york. let's see what's happening in the world of business now with marina. hi carol we're focusing on markets that specially after the dramatic drops we saw on the wednesday and that's of course all related to the euro zone troubles that started there was a domino effect now it's a day right now we're seeing that both of us the and the dikes are gaining but it's been pretty much a volatile trading session there were some part of the day in the negative and basically investors are focusing on baltimore happened with lucifer will exit or not also we had some preliminary here my data that came out and as far as germany is concerned it indicates a contraction of a faster pace for the month of may and of course in april you saw that it went to its lowest point in the past six months when it comes to france their preliminary
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purchasing managers' index shows that it might we might see as softness a great contraction there over the past three years now the main concern is as i said greece and if it was exit the euro zone would read yes that from germany of morgan sykes who said that ever so should be placed on emerging economies but if that does happen if there is there are sites that it could make russia's economy contract two point one percent in the first year and that's according to the countries some play this for a bank and it says that a so-called gregg's that will also heat inflation it's almost seven percent from the current five percent and that's because europe is responsible for the process i exported mostly energy which is also expected to drop in place. now let's take a look at the russian markets will see that now they're back in negative territory the arts yes i said it around a third of a percent crude prices also always have been a five dollars in a mixed picture there let's take a look at the individual moves on the my sex first we see that energy says are now
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back in negative territory still don't quite well although it's out of just when it comes to russia as a major steel producer severstal it's losing over one percent and we know that the company's first quarter net profit decrease by eighteen percent drop in some four hundred thirty million dollars that's mostly due to decline in the global steel prices over take a look at oil prices now it's a mixed picture there of one now the all sorts of territory the white suit is trading at around ninety dollars per barrel. heading towards one hundred six dollars per barrel the optimism there is this bird by the fact that china is seeing a likely has taken action suits the rate of growth once again when it comes to currencies the euro is a losing against the dollar and when it comes to the ruble it's losing against the main currency gaining it's to the euro. and that's how the business looks this hour . ok thanks for that update very. few minutes we explore legacy of the
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told cancers fourteen times i forget the exact details but the few numbers there is no nothing that you have ever found in any epidemiological study anywhere ever there is a way that brings victory. to its creator. he's not alone some are more severe than others we have something that is born without skulls without organised and sometimes with their legs totally to mr blood means death to those who it's pointed cut back now. owns to those who can use this window. and they're celebrating and they don't realize stand looking at their own future cancer alarms this is just not good so sides.
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