tv [untitled] June 18, 2012 1:00pm-1:30pm EDT
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hollow victory and islam is candidate egypt's presidential poll a win contested by his rival on the mind by the military granting itself legislative powers. forming a probe government in struggling greece in stemming violence in war torn syria. the leaders of the group of twenty gather here in los cabos mexico with some big problems on their plate more details just ahead. and with an oil embargo against iran planned for july moscow's global players to resolve controversies surrounding nuclear program our top stories this hour.
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on this is all tea with international news and comment live from our new center here in moscow egyptians have had their say in the country's first post mubarak presidential election but there's still no sense of closure the islamist candidate mohamed morsi says he's won a claim rejected by his rival former regime official comment the final results are expected on thursday but the ruling military is already undermined the vote by issuing a decree that gives its sweeping legislative palace. is encouraged. people are beginning to gather in tahrir square just as the muslim brotherhood candidate dr mohamed morsi makes the announcement that he has won these elections and that he is egypt's next president the muslim brotherhood claims that ninety nine percent of votes have been counted and according to their own people who were present at all of the polling stations throughout the country the candidate came in with some
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thirteen point two million votes this is the equivalent of some fifty one point eight percent and they put the contender after which i think at forty eight percent now is challenging this he says that this is a deceit of the egyptian people and interestingly enough there is an independent television station here in egypt running reports that it is sufi coup is in the lead and they quote independent election observers but it is worth noting that last month during those presidential elections being with him brotherhood gave its own results before the official results were announced and those results were completely accurate if morsi comes forward this does paint the scenario for a showdown between the military and the muslim brotherhood because of course sick is the military candidate now the army went so far as to issue an interim constitution it has made itself effectively egypt's in all makers and it says that it will be responsible for appointing those people who were draft
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a final constitution these are important elections but there are a lot of questions that still remain unanswered questions such as what power will this new president have this needs to be debated and outlined in this new constitution and of course the overriding question whether or not the military will hand over powers of promises of well on the first of july and indeed even if it does will it continue to control the strings from afar and if yes to what extent poulos clear that. journalist and opposition activists and curry says people will continue to rise up regardless of who becomes president. with this election and how it was engine years from the first place how it was constructed who was in charge was one thing one of the woods is basically the supreme council for the armed forces so in the end that evolution is not over yet i mean no devolution ends in a year and a half and certainly not with skaf unpowered i believe that that with the next you
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know coming months there will be a lot of mobilization there's a lot of huge expectation on this coming president whether it would be sheffield or whether it be more see the have a lot to answer to and with the limiting powers that they have the skaf basically an ounce and this could be a chose the job is going to be very very tough yes when people are won't have the demands met like minimum wage and public health and you know when education and we still have a pile of cash lying around people are not going to be happy and that's not what the sector why so many monsters and spend a year and a half of instability for basically people who want answered and on thin now we have no answers we have only power play skaf a sporting with you know playing with with the muslim brotherhood but the people are the ones who are out of losing because the they all are in india and they need their security they need their bread and they need to live a dignified life. still ahead for you this decision with the u.n.
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trying to lead efforts to end the syrian crisis a separate war of unconfirmed reports and wild allegations. one of how america's so-called war on terror is now going to the people of pakistan and julian assange his latest interview this tuesday on all to. oppose the eurozone is hoping for a quick resolution in the things as a pro sturdy party holds coalition talks off to winning the most votes in sunday's election greece's economic troubles and their effect on global finance is taking precedence for the g twenty leaders gathering at the moment in mexico the escalating violence in syria is also in focus is on. reports the main mission of the g twenty as a group would be to calm down the markets because they're going crazy over what's going on in europe right now and sunday sunday elections in greece showed an outcome which sort of eases fear is around the world at least temporarily if it's falling out of the eurozone greece's conservative pro all serra tea party won the
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elections because the majority of greeks want to stay in the euro zone but they still have to form a pro bailout coalition it's a very painful process but the greeks the coalition of the conditions of the bailout but the fears that the country would fall out of the eurozone make made investors very nervous about other financially shaky economies in the zone italy spain portugal their borrowing costs are going up and the fear is that they will be constantly seeking international bailouts and europe would be trapped in a vicious circle what became very clear after the financial crisis of two thousand and eight is that the world has become so interconnected that a crisis in one country can trigger a domino effect and send shock waves throughout the world what's good about the g twenty summit is that you have all the major players in one place you have advanced economies and powerful emerging markets china brazil russia india. and they tackle
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not only can i make a shoes although the g twenty got together for the first time to rescue the world from the credit crisis in two thousand and eight and by the way the brics group that is brazil russia india china and south africa has a separate meeting they are pushing for a multilateral world for updating old institutions like the i.m.f. and world bank which are heavily dominated by the u.s. and europe but it's the emerging markets now which are the engine of the global economies the russian president skipped the g eight summit earlier in may he sent the prime minister in his article came out today about the challenges of the global economy and it was clear from the article that he sees the g. twenty as a more inclusive platform for talks maybe not as a little as some of the other you know smaller gatherings but we're also getting the first bilateral meeting between presidents putin and obama since the russian leader took office in may and washington accuse each other of stoking violence in syria u.s. says russia provides weapons. uses to kill civilians moscow rejects the claim and
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says it only supplied air defense systems under existing contracts russia says the u.s. contributes to the violence in syria by coordinating arms supplies to the rebels we know that saudi arabia and carter are actively supplying weapons to syrian armed opposition groups but both russia and the us agree on colby and his peace plan which which is designed to enable the syrians to choose their own future eventually but they see very differently on how to reach that goal and i'll keep you updated as the meeting goes forward. two russian navy ships are ready to head to the syrian port of tartus to protect his naval base in citizens that if needed an unnamed navy official news agency said the vessels will carry a group of marines to syria the russian navy refused to confirm the reports you want to you will the country's defense ministry had no immediate comment last week pentagon officials said it's already trying to russian ship allegedly carrying weapons and troops to the conflict in country claims denied by the u.s.
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it only about. way from hillary clinton's remarks that russia was supplying a sad with attack helicopters results reports these accusations are doing nothing to help the conflict in syria. as the syrian crisis becomes ever more brutal by the day. oh critics say that key players trying to resolve the conflict have been raising more questions than answers unfortunately what we are seeing is reports that aren't really. the participants in one side of this plan slick and that's very very dangerous because of course when you hear only one sided information your conclusion is always in their favor there were the massacres committed and close range of over one hundred people the vast majority of them women and children some killed by heavy weapons the other killed it seems by every indication by the should be a militia is acting on behalf of the government western leaders were quick to blame
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the assad government for last month's houla massacre even when their own media couldn't draw the same conclusion b.b.c. world news editor john williams was in syria he reported quote the details of exactly who carried out the attacks how and why were still unclear yet the old line of blame damascus was still being shouted the reason that the situation on the crisis has become so grave and that there is now a space for these good elements to come in and cause mayhem in syria is because the syrian government has failed to live up to its commitments under the u.n. i am plan its commitments to the international community as britain scolded the assad government for bypassing the peace plan the free syrian army was planning a bypass of its own demanding that joint special envoy kofi annan should quote issue a declaration announcing the failure of this plan unquote freeing the opposition to carry out military operation against the government i'm sitting down but i did it.
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meanwhile channel four journalist alex thompson claims syrian rebels deliberately let him into a death trap to be killed by government forces according to thompson's account one rebel said. the democracy then comes the washington divide over who is aiding damascus one voice says we have confronted the russians about stopping their continued arms shipments to to syria and we are concerned about the latest information we have that there are attack helicopters on the way from russia to syria while another says the opposite i have not seen reporting that indicates. that the russians are providing attack helicopters to the syrians i have just not seen that the us flip flop on brusha coincided with the un's fancy footwork regarding the state of syria the united nations for the first time saw a u.n. official describe the situation in syria as
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a civil war in an interview with reuters he went under secretary general for peacekeeping operations are they let's sue confirmed that the syrian crisis could be characterized as a civil war i declaration countered by the un the next day well i think it's clear that it's not for us to determine or formally. characterize the nature of the conflict in syria a conflict that many say isn't just black and white but illustrates many shades of grey following sixteen months of conflict the united nations is leading efforts to stop the violence in syria however the information war taking place outside the country may prove to be the biggest barrier to the elusive goal of fully understanding and solving the problem marine upward i r.t. new york. so a return to one of the main stories this greece's economic troubles and the impact they're having on global finance is the top of the agenda at the g.
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twenty summit in mexico at the moment and let's talk to thomas thomas and he's a chief strategist. merchant banking for his view on what's happening there in greece while the world powers in mexico hoping a pro bailout government in greece is formed as quickly as possible. with second place so these are in opposition coalition working hero or another failure. well i think it is quite possible that you will find a coalition within the next few days but there are two things that are important to note here the first one is that the parties in question new democracy and pasok they only have the majority in parliament due to the peculiar greek election rules in fact more than fifty percent of forwards vent to e.u. critical parties so i think you might want to find a product correlation between want some true legitimacy to the decisions that we made that said yes you might have some difficult negotiations but more importantly none of the two clocks in the greek parliamentary election had a credible plan for turning the greek economy around from its current meltdown so
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regardless of who takes over the risk of a greek exit from the euro remains high and the economic challenge is almost impossible to surmount it's not an enviable position to be in greece is new democracy party hopes the people's support for. politicians will actually give them some license to soften the bailout conditions but with the german chancellor saying the agreement is normally negotiable make it very clear how likely is that then. well i think it it's a pretty straightforward question either there will be a renegotiation of the treaty or greece will eventually have to leave the euro and the problem here is that if economic circumstances are allowed to deteriorate any further now everybody can see already today that austerity is killing greece it's also killing spain portugal ireland and other european economies if you leave that to fester for too long it won't be a deliberative political decision when greece leaves it will be followed by
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economic circumstances so i think germany will have to pay it off from this one of face the responsibility of some kind of euro break up before too many months have passed that could all the countries come to the rescue here surely they don't want to see a break up of the euro zone leaders of the world as well as forces growing economies at the moment the so-called brics countries in mexico could they perhaps in any way put the eurozone back on track i would find that quite unlikely and we have to remember that the bric countries have follower standards of living and even though they have impressive financial firepower and growth potential i don't really see why they would be investing their spare capital here if the europeans can't get their own act together and start investing it on their own account so i guess this one is for the europeans to have to figure out how to fix it and the bric countries and the g twenty they'll they'll set of course voiced their support and prayers for a solution but i doubt that they'll be any tangible action but wouldn't their
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economies be impacted by by what happens to the euro zone or through trading partners with the euro zone countries. yes indeed they would but i guess from their perspective with this it's a symmetrical situation to the one that they went through in the late one nine hundred ninety s. when they were also forced to do their own affairs and policies in a rather painful way and i think that they also caused to illustrate that at the end of the a regional problems things that you have to deal with on your own if you have to wait for foreigners to come to your rescue things that cannot be well beyond repair by the time that they arrived really obviously. just briefly germany situation europe's powerhouse of the moment what if the eurozone does crumble around what's its future and the world for the family's perspective both be supporting the euro and existing it bored b.p. rather unpleasant experiences but i think the breakup of the euro would be far worse. the problem for germany is that they also have their own safety issues they
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have close to ninety percent of g.d.p. and so if they want to save the euro they have to bring the european central bank on board so everything is lined up for some difficult difficult political weeks in the next two or three weeks all of the pieces to the past are likely to fall into place or not as it were told thanks so much great to hear your thoughts thomas targets and chief strategist to see much in banking joining us live there from denmark thank you thank you. hearty live here moscow the first day of talks to try and break the long running still need to iran's nuclear program has wrapped up here in moscow more negotiations between iran and the six world powers are planned for tuesday as europe and the u.s. prepared to slap their toughest sanctions to date on the islamic republic lottie's lucy coming of has the latest. but we've heard from the iranians today as a regeneration of their position that they want an acknowledgement of their right to win a ritchey radium force the billion nuclear purposes and president mahmoud ahmadinejad seemed to indicate on his website that iran would be willing to halt high level
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uranium enrichment if the world powers agreed to meet its need for the fuel that he remains are also hoping that the west will scale back its sanctions which are of course a significantly hurting our oil exports and the arabian economy but the message from the real european union today was that landing and borrow against iranian oil will continue in less than two weeks is of course in addition to american banking sanctions that the west meanwhile is holding tight to its position that it came to in the last months meeting in baghdad where they're demanding the arrhenius halt or rhenium enrichment above twenty or at twenty percent which is close to weapons grade which again iran insists is for civilian purposes only and also ship some of that stockpile out of the country and exchange the west would give iran some supplies for its real research reactor as well as spare parts for its airliner commercial fleet a deal that the iranians to date have not said a is fair has said it's unbalanced in the words of one former iranian negotiator diamonds for peanuts so
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a difficult situation thus far some countries are indicating this is the last chance for diplomacy before the talk turns to war we've heard israel threatening again to attack iran should these talks fail the israeli president today in fact said that iran is running out of time and if things continue on its current course war would be the option and we have to keep in mind here that the u.s. president is running a tough reelection campaign and is under some serious pressure from the u.s. congress to consider the military option should there not be a breakthrough in these talks. so plenty of other stories an in-depth analysis where he found a website or two don't comment online all the time a website including western governments increasingly indulgent online censorship as they also google during. political content from its services. also the chinese get closer to creating a national manned space station after three astronauts successfully with beijing's own orbiting module. all that at r.t. dot com plus plenty of other news and features for you now from world news in brief
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at this stage of the day very nearly twenty minutes past the hour in the russian capital at least fifteen people have died and forty been wounded in an attack north of the iraqi capital a suicide bomber detonated his explosives at a sheer funeral in the city of baquba the violence was the latest in a string of assaults and shia muslims in recent weeks with thirty two killed on saturday alone. israeli tank fire has killed two people in northern gaza the jewish state says it targeted palestinian rocket launchers israel carried out an air strike on the gaza strip that left two men riding a motorcycle dead officials claim the attack was in response to recent sniper fire and was aimed at suspected palestinian militants. a bomb was torn for a bus carrying students in southwestern pakistan killing five people and injuring over fifty police have exposed it was planted in a vehicle parked in a suburb of the city of quetta a group has yet claimed responsibility the area is known for sectarian violence an active militancy. and socialists of reforms after the big poll when the country's
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parliamentary elections results give president the power to fulfill his policy promise of economic growth instead of belt tightening pledge to raise taxes for large corporations instead of cutting budgets to tackle europe's financial crisis is the first time socialists have taken control of parliament in ten years. just a reminder for you know not to miss the let's edition of your in the sun to show that's on r.t. this tuesday the world's top whistleblower talks to can he's a pakistani anti corruption activist politician known by some as a one man party explains why he thinks america's war on terror has devastated his country. i wanted everyone when i was what voting election that this election is it just is going to be a disaster for the people of iowa as the one it's only meant for the bush administration to have a public one who. was sure it was struggling so you would like to go they wanted
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another puppet government so they could pursue this war on terror with not a lot of them was going on. and still so whatever i was sick and went to the roof the war on terror was as devastated by this all of because forty pounds in my gut is a big get in the water we have nothing to do with visit the our own army killing on eleven and then get it then doing suicide attacks on bikes that is civilians but how would you reconfigure the pakistan relationship with the united states were going to be a complete severance but would you commit drone strikes what kind of intelligence cooperation what would you do in practice. have a relationship based on the dignity self-respect. so it should be. it should be. focused on the.
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big. that is. the latest from june in the sand here on this tuesday and eleven thirty g.m.t. . twenty three minutes past the russian capital let's get the latest from the world of business marina the u.s. markets the only ones trading at the moment are investors they're also focusing on greece where we've seen the positive sentiment where often europe is a similar story there on wall street. basically we have investors are focusing on separate stories yes they are focusing on greece but now as in europe that sentiment sentiment is where it all and we have investors focusing on spain and basically that's the fact that the government bond yields are rising at a euro era high and this of course is an encouraging investors if we take
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a look at the latest figures we'll see it's a mixed picture and there we have the values in just not on the last like gaining almost a half a percent there also have some economic data coming out which i'll tell you about in the next hour which is also boosting investors than it has to do with real estate more in the next hour but now let's take a look at what's happened in europe it's now the markets are are closed so we're seeing this even though it started off really enthusiastic because after the pro bailout party is one of the parliamentary elections in goodies we had investors really the confidence being boosted there and there was a relief rally but after that reality set in and basically they realize it doesn't necessarily mean that greece borne the exit the euro zone and the fact that i'm certain it's a range and what they're really looking forward to this to see some action from policymakers and that resulted in the fed as you saw they minimized earlier gains in fact we spoke to peter weston from athens bassman company and being basically gave us his view on the current situation in the euro zone right now. if the needle
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or the money. of a government very quickly that would add some more relief to the market however the overall situation in europe seems to be far from from from over we have a spanish bond yields today rising above seven percent for the first time and the tally in bond yields went above ten above six percent again so overall the this situation on the situation in europe are still very much alive and investors are concerned. and that quick look at the currencies the euro is then losing against the dollar and fell from its strongest point in the month versus the dollar when it comes to the ruble this hour the closing figures for the day it gained against both major currencies moving on to the russian the markets there were these that they were reacting to those and like she was always coming out from greece and what we saw is about something that remains throughout the day ever so the arts yes and that three quarters of a percent and of my sex out of exactly one the per side and that's despite the
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client oil price of a child to the second the first or second i got the main movers on the my six most of the blue chips and the higher naturally we had the second largest lender and russia b. to beat bush added almost two percent we had the car maker after vas that added almost one percent in mass so use that it will launch pre-sell production resell production although it's nissan altima model there and bucking the trend throughout the day was wholly muscle but in the last hour of trying to get managed to bounce back and suppose the territory and that's the spark the fact that it has now said it will slash its capital investment by half to two hundred fifty million dollars and now as i said crude prices there declined in fact they're heading for their lowest point in almost fifteen months the lies who destroyed it close to eighty four dollars per barrel blogger pride and is approaching ninety seven dollars per barrel and basically this brings us up to date with this edition of business marina thanks a lot see very soon that's a marina then just
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