tv [untitled] June 29, 2012 3:00am-3:30am EDT
3:00 am
russia and the u.s. hope to find common ground despite their polar approaches to ending the syrian blood should ask for minister lavrov is due to meet secretary of state hillary clinton in st petersburg. surprising compromise e.u. leaders make concessions to finally agree on funneling money to struggling banks directly with talks at a brussels summit running well into the night. plus egypt braces for fresh protests against military rule we look out the huge psychological toll the eighteen months of unrest have taken on the nation's people. plus russia markets skyrockets of the first hour of the trading session with renewed optimism coming from europe all the details in the business update in about twenty five minutes.
3:01 am
eleven am in the russian capital you're watching r.t. with me renay joshie welcome to the program tough talks are on the table for russia's foreign minister sergey lavrov and u.s. secretary of state hillary clinton as they meet in st petersburg today to discuss syria the two powers are deeply divided on how the crisis in the middle east countries should be resolved while our confidence has more from same but as burg. if the two sides if rove and hillary clinton can come to some sort of position tonight in the meeting in st petersburg this really could drastically change the future of international action as it pertains to the syrian crisis the problem is that both sides have fundamentally different approaches to how we need to deal with this the u.s. has been pushing for a so-called yemeni style transition plan the first and foremost focuses on getting
3:02 am
president bashar al assad out of office out of syria now the russian position has been that you know there's no need to have some sort of a backroom deal by world powers that doesn't include the actual syrians themselves this is a crisis that the country is undergoing syrians in need to get together and find some sort of a transition that works for them that should not be dictated by outside foreign powers the problem is that all of these are sort of over these two to opposing sides are really going to come head to head tomorrow which is when the emergency talks in geneva are going to be held put together by kofi on months into this fear that the cease fire has not worked so far on one hand if you're getting together world powers to sort of discuss the future of syria all of the key regional player should be uninvolved while the u.s. position has been no iran at the talks they do not want the arrhenius to be present . of course. of the syrian government kofi annan himself has said that the iranians
3:03 am
must be present at these talks and yet this was a sticking point and as a result iran is not included and it really sort of. brings some questions about whether any sort of agreement is really possible if the key regional players who you know whose daily lives and geopolitical interests depend on what comes out of syria and depend on a stable syria are not involved but he often of reporting from same bettors of burgan she'll be bringing us updates from the crucial meeting between russia and the u.s. on syria due to start later on friday so lisa's also posting all the latest on her twitter feed so don't forget to. check that out as well now in syria itself president assad said in a rare interview that it's his government's duty to annihilate terrorists the interview coincided with an escalation of violence in the capital damascus that the authorities blame on terrorist groups and the latest incident to blast erupted near syria's main justice complex ideas were even ocean a visit to the site shortly after the attack. all right now to see don't think
3:04 am
notion that happened there and yet in the old damascus you can see as the image pozen are taken away and the sea is not been cleaned this is a problem in just. a minute. but we still receive in conflicting reports on how many people have been affected sana a syrian news agency is reporting that three people have been injured but it's very hard to confirm it's really hard to get any information about what happened here earlier today even on the ground the wrong many police and security people but the euro refused to talk and refused to provide any information on the incident the fact that these has happened in the very hard to the very center of the syrian capital rises questions and concerns over the security situation here in damascus has been on the governmental control but now it's been attacked more and more often by rebels and groups this has happened to stay up to another type of herd here in damascus the main building on the syrian state run television syria news.
3:05 am
has been attacked by government sized terrorist groups killing at least seven people are even reported there from damascus now turkey has vowed to respond to the recent downing of its jet by syria with determination that says and grow deployed troops and tanks to the syrian border the turkish plane was shot down over the mediterranean a week ago turkey insists the fire was hit over international waters were serious as it was targeted in its airspace jeremy salt was a target based professor of middle eastern history and politics says another incident can stretch ties between anger in damascus to breaking point. one has to see. in the tension between syria and turkey. so he's responded to that by moving.
3:06 am
up to the border of syria is doing the same on the other side so quite clearly even though it seems that nato doesn't want to intervene in syria because of the dangers what is trying to do is to bring down the syrian government budget starting a war of attrition from within and also incident like this could trigger off you know a collision between the two countries and i think elation i mean you want to say when it would happen if it would happen the deaths will be all right no more on this hearing cries as had to our website r t dot com well there you find video footage of tame by our team of an alleged massacre in the syrian city of hama syrian family claims their relatives were slaughtered by rebels in this story and more is also available on our website r.t. dot com. now it's been a tough night in brussels were e.u. leaders had to make mutual concessions after several hours of bargaining they agreed to use the european bailout funds to follow money directly to struggling banks a short term fix
3:07 am
a post by the german chancellor angela merkel are these tests are silly reports from brussels. now what they did to spend a lot of time talking about was this new growth and jobs pact yet another practice essentially rolling out one hundred twenty billion euros to help aid in the growth of the eurozone nations what's interesting is this is where the conflict had come into the picture spain and italy were refusing to sign the pact until they had gotten the short term fix that they need to calm the markets and bring down their borrowing costs will they did get it in the end seen as a compromise from germany at this point that is using e.u. funds to recapitalize banks directly rather than giving the money to the government in order to avoid the public deficit from going up and this is particularly relevant to spain at this point however markets did react quickly so they were able to calm the markets whoever the question there is how long are the markets going to be calm another question that we're good looking at is what are the strings attached you know germany was very much opposed to any short term measures until
3:08 am
the long term structural reforms that merkel wants have been addressed so what are the details attached to this what are the conditions we still don't know that we have to see that in order to assess how significant is that also the growth rate of one hundred twenty billion that is really small compared to the entire euro zone expectations were very low for this summit so this step recapitalizing banks directly from as positive in this sense whatever it is not the solution that addresses the big questions of structural changes in the u.s. on the fundamental problems to be addressed the leaders here having to go back to their own countries to present these decisions you know aguilar merkel is adamant to get back to germany today because the parliament is going to vote on the european stability mechanism that is a permanent bailout fund that's supposed to be put in place by july two thousand and twelve we're still waiting for ninety percent of years of members to ratify that she needs two thirds of the parliament to agree on that and we know from a survey of germany that about sixty percent of germans want to see
3:09 am
a referendum on the german policy my call. explores exactly how the germans are feeling towards the decisions being made here in brussels it's a job interview with geopolitical implications and genesis family has been running these greek restaurant for almost three decades ever since they immigrated to germany hard work and self-reliance made it is success but now they're under increasing pressure to share the fruits of their labor. the problem is that in greece the thing. become like the money on the street but we're also working very hard. working from the morning till night every deed to get a dozen of calls from their greek competitor and spit requests for money jobs of both some like. takis just walk in a restaurant owner himself he lost his business last year and ever since has been
3:10 am
out of permanent work like about twenty two percent of greeks there is the second world war and destroy. our country from troops so they'll be a million people. not to help but to while references to the countries nats of past have appeared more than once in the great coverage of the bailout germans remain unswayed in their position to pay for somebody else's debts polls consistently show that the majority of germans are stronger against finance increases or spins bail out as one customer of this restaurant put it before placing an order one should check that only the menu but also his wallet despite a broader position the german authorities are still pushing for the permanent bailout fund on thursday i'm going merkel appealed to the in peace to support the proposal as it goes for a vote in parliament. i think today
3:11 am
a package for growth and jobs as at the center of the debate and i think today it is right so that we can pass it and i will support it for that i have received in clear support at home from the german parliament while the parliamentarians are widely expected to vote in favor some say this bleed of opinions between departure and the public represents a test of germany's democratic system democracy begins at. begins and begins. with a national parliament. so that. and. there's a common currency is is taking. decisions in terms of money in terms of budget it's a violation of democracy and it was. your historical mission to bring democracy in the world and now and very assertive about
3:12 am
now. is destroying democracy they said peace to be hardworking but in case if europe's most productive country teams just never stopped coming in the wake artsy reporting from germany now to roger nepean leader of the u.k. no pants party believes that euro zone countries won't be able to deal with their problems until they abandon the monetary union. look the eurozone is a fundamental misconstruction between economies that are so different an economic and monetary union between them was never going to work the only way forward for greece spain and portugal and such countries is to recognize that the euro is a mistake to break away from it to get their own currencies back to have a competitive devaluation and to get their own democracy is about that is the only way forward what we're doing here if we keep propping up the euro we try to find ways of preserving and reinforcing failure what we're doing is guaranteeing
3:13 am
a miserable future not just for the tens of millions of people who falls below the poverty line but actually we pay a very heavy social cost for this too in terms of insurrection and violence has to have for you this hour here in our facing a deadline well we can lease editor join a son to turn himself over to u.k. police and as i quit or still miles over his request for asylum fears of outside pressure on the nation intensifying. plus searching for energy independence but coming up short u.k. seeking out foreign investors to help give it a boost but it's an enterprise that critics say could be putting lives at risk. the protests mood in egypt doesn't seem to be subsiding despite a long anticipated announcement of the presidential vote result last weekend people were gand plan to take to the iconic three or square this friday to demand a complete handover of power from the military to the country's newly elected
3:14 am
leader but and the neverending swarm of political demands to psychological stress ordinary egyptians are constantly under is often ignored as artie's policy or now explores. the pain as war as it was the day it happened was just twenty one years old when he was killed near tahrir square the bullet that shattered his heart tore apart his family leaving his mother unable to carry on i don't know i talk about him a lot i don't like to say that he's dead i see him in my dreams i'm waiting all the time for him to come home to me i beg god to bring him back in the last eighteen months egypt since i've gone through one of illusion three elections and countless mass protests the scars left by the unprecedented chaos and bloodshed and political battles run deep i saw people becoming more depressed more anxious using more drugs and alcohol those kinds of things seem to have changed because of the current
3:15 am
events and the fear over what was happening next and it's not only those who are directly involved who have been affected in the only survey of its kind. spoke to ordinary egyptians to see how they're coping she found that sixty percent of egyptians are suffering from post-traumatic stress disorder of those forty seven percent have witnessed violence in the streets thirty four percent have stayed up late to watch television news reports of a violent nature and twenty eight percent feel stressed because the financial situation has deteriorated i do believe the public has been trying to lose especially since so things are a lot different after the uprisings as we were before and people before used to enjoy a very low crime rate for example very little political change however after the uprisings there was more crime there is an increase in crime wave which. which traumatized the public i think and the problems compounded because of the stigma attached with seeking help and this is only one of
3:16 am
a handful of centers in cairo offering psychological assistance to people who need help but while some of those who were arrested and detained by the authorities have come here most egyptians have stayed away. but psychological help is the last thing on his mind she can hardly scrape together enough money to buy food for her family she gets a little comfort from believing his son died for a cause but even then three times to be want the country braces itself for a fresh round of protests as anger against the ruling military. kyra join us are says he has no plans to hand himself over to police after being summoned for extradition procedures in his interview with the b.b.c. there was a lower stress that asylum law both internationally and a massive way takes precedence over extradition law but we can be category has been holed up in ecuador's embassy in london for over a week waiting for the south american states to decide on his bid for political asylum ecuador has been taking its time studying the allegations that have handed
3:17 am
over to sweden could eventually face prosecution in the u.s. where espionage carry a death sentence but. founder of the national security whistleblowers coalition says the longer the way the more chance ecuador is coming under pressure from washington. mostly what's happening right now is the political side and you have to realize that they may be and this is the. letters that petitions from activists around the world but on the other hand they are also getting a list of all to made them sound tracks from the united states so the rest assured they right now as we speak the state department is in the door plenty to think about by showing what kind of consequences they will be facing whether it's the canonical whether is political and so this is the reason they are taking this long and be i'm hoping that their decision would be yes they would grant asylum to
3:18 am
giuliana's lunch but considering their weight the united states carries also considering that he's three or four nation in terms of the types of measures they take to put pressure. in other governments it will remain to be seen. how this in other stories are always available at r.t. dot com so check out what else we have lined up for you online. drop data gorgeous have to ballerinas split an artistic military display through the eyes of the bolshoi theatre is leading choreographer. and soon quit smoking had a shot and you are glad develops a vaccine to help you take the nicotine habit find out more and. are facing a possible energy shortfall in the coming years britain is looking for a boost yet it was no money to develop nuclear power alone it must try answer these foreign investors but it's a decision that has manny wondering if the u.k. government is putting profits before safety hazard sarah ferguson now explains.
3:19 am
britain wants to keep the light switch done and to do so it says it needs nuclear power real to security thing and that has to be security of supply and we don't want to have our securities of supply be hauled into over twenty three before to do that or on the way forward those were. just going on but we must look for another. energy distribution energy and that would be nuclear the u.k. might say it wants energy independence but it's clear plans need powering with money and it's money britain doesn't have investment for these plants is sorely lacking french company e.d.f. had been slated to build a number of the new plants but in the wake of the few disaster these plants have been put on hold there were originally for companies that were looking at. working on developing new nuclear power stations in britain but the other two. have both
3:20 am
now pulled out so it's almost as if the government hasn't noticed the writing on the wall that's left the u.k. government having to hunt further afield for the much needed cash despite saying they won't let the pendants on outside sources it's countries like japan and china that person's reported to have been touting around for investment and you know in a sense we're kind of offshore project for other countries i mean it seems to me bizarre that the u.k. which is quite a big and supposed to go to country. opening up of foreign investment from other countries because knowing the best route to invest in nuclear their own countries don't want to take it so they're going to have to britain having being one of the first countries to gain new clear britain's power stations are now old with many being decommissioned and with nuclear accounting for around sixteen percent of the country's energy provision the government says if it doesn't get the investment in
3:21 am
the new plants it needs it could face in any. as early as two thousand and twenty the soda nikkei a plantain broadwell is one of eight sites the u.k. government has identified as being suitable for a new girls but local residents here say that it's far from suitable in a place while the people say that though it's unlikely were a major nuclear disaster to happen here it would be extremely hard to evacuate local communities and their if is that the governments are more concerned with securing investments than securing their safety and there are other concerns too in a bid to attract investment the government's draft energy bill indicated that he's willing to build the new plants to charge consume as high a price is to guarantee healthy profits and it seems the government has left you alternative sort of sloppy brute. pragmatism is going to happen if nuclear doesn't happen something else will and he's pointing the government already
3:22 am
because they can get the investment in place. for the nuclear program that they wanted to have in the time that they wanted. despite having once led the way along the nuclear policy poor planning and investment struggles have left britain trailing behind with tapes now pinned on foreign investment that may or may not materialize the future of britain's energy provision is now not looking quite so a bright surf city london. that's taking a look at other news from around the world this hour tens of thousands of high school and college students have clashed with police in chile the group marched through santiago waving banners and flags calling for education reforms officers fired water cannon at protests or after they were hit with rocks and had their police van attacked the government has made some concessions in the wake of recent rallies though students say the changes aren't enough. the crew of
3:23 am
china's june nine spacecraft is back safely on the ground between including the nation's first female astronaut spent nearly two weeks in space practicing docking missions where the module praise the progress as it works towards building its own space station china will become its third country after the u.s. and russia to send in independently and maintain space hubs into orbit. the democrats are applauding a ruling by the supreme court calling president barack obama's health care legislation act constitutional under the controversial law most americans are required to purchase health insurance by twenty fourteen or pay a fine reforms were opposed by nearly every republican lawmaker claiming it was a ganske the law to force people to buy a private product the court's verdict is seen as major victory for obama if he is up for reelection in november if you have an opinion on obama's health care reform then share it on our website dot com. well let's see what's happening on the site
3:24 am
but at the moment and right now seventeen percent believe it will benefit both the american people and the u.s. economy thirty percent of the voters feel obama is just electioneering thirty one percent think it's a red herring straddling the nation pramod lumia to make right now if a majority of those we polled think which is thirty nine for sand say it's designed for insurance benefit only so have your say. straight to the world of business now marina hi there so what i've got for us this hour climbing the wall european markets are finally open and of course as expect the skyrockets in the sell of course the things that some of those taking place in brussels on the optimism that's coming from there have been saying this for days investors one that's here about measures they don't really have a lot of faith as we sell for is that there is a session but today that's all changed because of the fall it seems already adding
3:25 am
over one of the half percent. and the german dax is already over two and a half percent in the black now all of this of course is because there is now a proposal outline for a single supervisory mechanism for europe's banking system basically banks will now have the possibility of direct recapitalization with financial assistance provided by the region's current bailout fund and all this until the new european stability mechanism becomes available and of course because of this we have the euro which is going even higher against the u.s. dollar the south when it comes to the ruble it's a year because of course the euro is becoming stronger and stronger right now and when it comes to the u.s. dollar is losing to the greenback now let's take a look at there are also markets and naturally they are higher as well we could see impressive numbers there is already adding over three percent the my six is close to two and a half percent all of this is coming from the optimism we're seeing of course in europe as well as from the crude prices will take a look at those
3:26 am
a little bit later first let's take a look at the main movers on the my sex when it comes to. over two and a half percent financials are doing great especially now when it comes to carmaker after vase it's going over one percent of what we do know about the company is that its sales launched the fourteen percent in the first half of the year and even though it's doing great it's there worse than the market itself now moving on oil gas in the over its supercenter and we know that basically the cost of its inventories grew by eleven percent to three hundred billion dollars that's last year and also the company's having his general meeting and the shareholders are expected to like the company's board members and of course approve major deals in there will also decide on the dividends which are expected to be record high this year and of course we'll keep you updated on the meeting throughout the day but stay with gas from the companies also involved in a territorial dispute between china and vietnam china's corporation c.
3:27 am
though has now sought it in the. they're in an offshore region that he says infringes on blogs already licensed to the russian from as well as america's. beijing claims sovereignty over almost the entire south china sea which is believed to contain large oil and gas deposits and straddles global trade routes analysts say gas for my quit the project to keep its business ties with the world's second largest economy and that's a look at oil prices said they are now rebounding from their lowest close in nearly nine months with satellites with this trading close to eighty dollars per barrel which is what investors want to see and of blood is at around ninety three dollars a barrel right if we take a look at the last hour of the trading session there and nationally they're doing much better there would go to the left there than they came out in one and a half percent in the high sign close to two and a half percent of course all of the optimum that we've seen on the european markets . it's rare we are seeing a lot of optimistic investors today well it's certainly
3:28 am
a great optimism as the buzzword today that we are. talking about measures are not just talking we're seeing them do something and this is of course whatever one's been waiting to hear it's great to be in the mood there maria thanks very much indeed for bringing us the very latest from the world of business and of course there'll be more next hour in the meantime i'll bring you the headlines in just a few minutes.
3:29 am
23 Views
Uploaded by TV Archive on
