tv [untitled] July 10, 2012 5:00am-5:30am EDT
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lol. thirty billion here as are set aside for spain's ailing lenders but the future is uncertain a german court could soon down the new rescue fund. and russian sanden aides to the ramage southern region of cross and our work emergency workers and volunteers are trying to help those affected by flash floods. and mosque mediation forward syrian opposition groups visit the capital with talks set to question whether the rebels help in violating the un peace. one pm of the russian capital you're watching r t was marina joshie the eurozone is
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ready to pour thirty billion euros into spain's beleaguered banks by the end of the month the e.u.'s finance ministers are also expected to grant madrid one more year to cut its budget deficit meanwhile the leaders of britain and france are set for talks at downing street to hammer out a joint strategy to battle the crisis especially worrying is a well of cash running dry a german court is set to roll whether the euro zone's new bailout fund is violating the country's constitution the on equal rules inside a currency union may prove its downfall thirty six out of work and our reports. not taking from others and not giving your own that's what made to vary in their suits is company grow from a small soap shop a century ago into a multi-million euro business nowadays to him iranian company is of course different from running a country or union of countries but all require fiscal discipline and i think it's
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before we do anything this should be uniformly through school and economic policy it is not acceptable that spain subsidizes things it is not some. he dies in germany and it does in. trading all across europe mr is in favor of keeping the euro what he doesn't agree with is that common currency should necessarily mean diluted responsibility in mind often forget the land i think countries like greece use the euro in quite opportunistic ways they used to pay eight or nine percent interest rates before joining the euro but after they came on board they got rates that germany and france enjoyed encouraged exuberance spending and they have to deal with the seventeen too many experts this day card to me is the decor of the current euro crisis professor him hankered one of the first and most prominent euro skeptics says europe's common currency takes away a crucial element of the free market system that is fair competition. the common
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market started as a very liberal project and now says liberal project is becoming a very socialistic. former soviet union common currency means it is no competition between currencies. common debts means. response ability for your own debts so in russia for instance. faded away but in europe it's coming. the auspices of so your crisis but i think the same destiny as a soviet union there's also a list a concept cannot survive a year in germany and here in greece it may look exactly the same but the underlying productivity is drastically different the introduction of the common currency may have promised greeks the same living standards as in germany but
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didn't make them work just as effectively you cannot compare the infrastructure and the productivity. of agree. with the german guy i mean we're working until we drop here in germany the euro two of the central planning close to communist system the same system that they had before nine hundred eighty nine in the east it has nothing to do with the free market it has nothing to do with capitalist because entities countries and banks cannot go bankrupt any more germany may have a generous social system but even here they deal of being a constant provider of subsidies for the rest of europe doesn't sit well with the majority germany has a unique experience of dealing with both capitalist and socialist systems and while domestically this country is all for fair competition and self-reliance in
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a larger european context it's pushed to choose between being and nanny and daddy they want a boy car three reporting from germany. the u.k. is also not free of financial turmoil as outrageous banks drags titian's british m.p.'s lawmakers worry useless been uncovering the truth behind the barclays stand while the bank of england denies involvement. help is pouring into russia's southern resort region of cross nadar from across the country people are sending in basic necessities while volunteer workers travel to the area devastated by a heavy flod it swept through across the region on friday night killing over one hundred seventy people artists on barton brings us the stories of people's fear and heroism. panic on the roads of crims traffic jams and crowds of people trying to escape the term center it took just a few minutes of rumors of a second floor to create this look in the streets above proves it didn't matter who
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will be authorities said people weren't listening to them they were getting out that was how much fear they felt in the end. people returned to their homes but after the worst floods in living memory it's hard for me to stop thinking about that night when my husband managed to save me and my baby son it's like he was nearby because just seconds after his saved us a huge wave appeared but we're not just afraid we're scared to death two days ago with survived the terrible floods we've lost everything we've got nowhere to live we had dying of fear. but as well as fear the floods also brought out acts of great heroism as the waters rose policeman. jumped in his car and started ferrying women and children to safety among them was to talia's young daughter. was when my little girl was saved i asked her who saved her life she said it was
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a mr policeman but i don't remember his name as he was very kind i want to thank you for your husband's help because without it all of these kids would have died do you suppose after saving so many just laugh himself was caught by the rising waters and drowned his widow has much to grieve about but she is strengthened by the knowledge that her husband would never have acted any other way you i'm sure she wouldn't just pass by someone in trouble it was in his nature i was sure nothing would happen to him because he was very brave very clever and very decisive. stories abound both tragic and heroic of people's attempts to save their own lives and those of others and his family were lies they had to get out it was his eighty five year old grandmother who needed guiding out of the windows to safety he laid planks above the surging water and edged along with her clinging to him this is if we fail of these pranks we would have died the water looked like it was boiling i
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would say all sorts. in cars were floating around further down the street seventy three year old eve had no family to help. but without her neighbors she might not have been in time i was sleeping when the neighbors came and woke me up i looked through my window and there was a sea in front of my house is see that kept growing and growing after surviving the surge by putting on top of a wardrobe does neighbors return and took her out of her water logged house and in with them love this these neighbors here gave me shelter and this neighbors gave me food i'm very grateful to all those who helped me because i'm an old person and i am alone from the sacrifices of those who gave everything rather than see other people in danger to the cognise of neighbors in times of great need this community has experienced countless human qualities that will be much needed in the rebuilding of crims tomes and communities from boston to. go to our website or
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even more about the heroism and drama and the cross nadar region at r.t. dot com we've also got the latest food and photos from the disaster zone as well as a timeline of the tragedy residents are piecing their shattered lives back together try to find a home among the wrongs. and also volunteer standards center is driven by social networks have been set up across the worst hit city of crims convoys of trucks carrying food and clothes for the floods victims are making their way to the affected areas. it's a you. tube.
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down the official. do you have like a ship your phone the i pod touch from the dumpster. what geology life on the go. video on demand. an r.s.s. feed now in the palm of your. question. dot com the bank of england's deputy governor has deny claims he gave barclays hands to manipulate lending rates at the height of the crisis this latest banking scandal has reached parliament now on the chancellor is facing calls to apologize to his opposition counterpart for accusing him of being involved in manipulations to artist laura smith reports a key participant in the cross-examination of disgraced buckley's chief executive
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bulldog has admitted that m.p.'s are powerless to get to the truth about bag because andrea lead sims comments come in the wake of diamonds appearance before the commons treasury select committee and on certain questions about fixing the law will rate the price at which banks lend to each other to benefit both ways. letson was one of the politicians are asking the questions at last week's hearings and admitted it would be fair to call the investigation useless she blames a lack of information parliament had no transcripts of morning meetings that recorded what was being said and no email trails all day had well regulated the reports and what's been reported in the media led sims revealing remarks made in an interview with the independent newspaper will raise questions in the public about whether the truth behind the libel or scandal and who knew what will ever emerge
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the largest scale parliament she inquired he is now being set up to investigate the banking crisis but if the banks closed ranks and m.p.'s can get the information they need how can it work prime minister david cameron has already rejected the idea of a judge led inquiry saying it would take too long meanwhile bob diamond's evidence is being variously judged by m.p.'s on the committee on a spectrum ranging from inconsistent through not entirely honest right down to simply unbelievable he maybe recalls to answer further questions regardless of having had to stand down as barclays chief executive bob diamond currently still stands to receive a seventeen million pound payoff twenty six million dollars to leave in disgrace in the meantime this all begs the question if m.p.'s are powerless to get to the truth who will. later max kaiser and state her to reveal what they say is
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a global bank heist and it's an inside job. you're wasted. there is it is for our. max in fact is the global bank heist going on speculators want low rates to fund their suspect of the bets and squeeze out the entrepreneurs squeeze out the savers squeeze out wages keep rates really low the library scandal is about keeping rates low by manipulating rates quantitative easing is about keeping rates low by engaging in radical central bank policies like operation twist the lowering rates is about central bank collusion with other banks to keep rates near zero to fund speculation to squeeze out population of workers and savers. while watch the kaiser reports throughout the day here on r.t. . russia is stepping up its efforts to help solve the crisis in syria foreign
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minister sergey lavrov will meet representatives of the syrian national council in moscow and the opposition's commitment to the u.n. peace plan will be in focus well let's get some insight now on this from jeremy salt is an associate professor of middle eastern history and politics and bill can't university in turkey thank you very much for being here with us on the program jeremy now after his latest visit to damascus u.n. envoy kofi annan said mashallah lawsuit was committed to finding a peaceful solution to the crisis but can we say the same about the opposition forces. i think that's the problem it seems to me that in his talks in damascus and i'm sure in his talks in tehran that kofi annan had full cooperation from both governments and they going along with his plan for negotiations without preconditions the problems he's going to encounter is when he begins talking to the other side because the syrian national council and the free syrian army both of
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course are integrated have made it clear that they will not into any gauche ations will not contemplate any solution without the disappearance of bashar assad from the scene he cannot be a part of the negotiations so for them to kind of accept what he wants this country is going to mean a very big climb down for them and they have the united states behind them hillary clinton has been very forthright in her manner of the last couple of weeks you might remember that only a few days ago she told the new so-called friends of syria meeting in paris that russia and china should have to pay a price for staying on the sidelines as she called or well of course what she calls standing up the sidelines. russia and china blocking any attempt on nato to bomb syria. and so she has taken the same line as the syrian national council and the free syrian army so also this is meant to be climbdown by the united states to accept what kofi annan i think you know very good intentions is now proposing well kofi annan the u.n.
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envoy is now touring the middle east and he is and to iran now but what's the point of his visit given that iran was invited to the geneva summit last month. well the fact that iran wasn't invited to the. geneva summit last month was responding which is that the friends of syria so-called don't want iran to be part of any negotiations and i think the point should be when we look at the only reason situation that iran should be part of any negotiations because iran is a regional player as important as egypt or as turkey but the fact is that for reasons of their own the united states in particular but supported by the gulf states and picked by saudi arabia want to totally excluded iran and keep it on the sidelines and this underlines the point that what's happening in syria from their point of view is also about iran it's not just about the future of syria the syrian national council said it had of their visit to moscow that they wanted to ask russia to hold arms shipments to syria now russia says it's going to do just that
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but what about weapons supplies to the rebels well this is another contradiction it's the statement by the russian government of the day that it would in fact cease . any new deliveries to syria now at the moment that seems to be based primarily on the supply of thirty or forty fighter trying to cover their supply right now is not all that important and i think that the russian government is probably has quite confident that at the moment the syrian government has nothing to cope with the situation from the other side hillary clinton said in the. so-called friends of syria meeting in paris that they would massively increase their support for the free syrian army which of course must involve the messaging in the supply of arms to that group so here once again we have this contradiction that some has some out has to be resolved because the i think russia is indicating that it is willing to kind of show its good intentions by taking the steps just taken and it will want
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the other side to show some kind of similar bonafide. will they do it at the moment i think it's probably not likely. hard to me so thanks very much indeed for sharing your views of us here in the program thank you very much. washington support for syrian rebels is confusing says the chairman of the foreign affairs committee in russia's lower house of parliament. but. i don't quite understand how the us can support the armed opposition because these are the same kind of people who blow up american soldiers in afghanistan and iraq the same kind of people who kill nato troops in afghanistan in the same country they are considered enemies of the united state while here they are treated as allies. and you can catch the full interview with lifesaver scoffed in just over an hour
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here on r.t. . saudi arabia may be one of the outspoken critics of syria over water calls the repression of the people but it seems to be using similar tactics at home two people were killed when police opened fire on anti regime demonstrators the protest was sparked by an arrest on sunday a prominent shiite cleric the shia minority claims it's being persecuted in saudi arabia something riyadh denies the first time there have been deaths at protests in the country and many activists are thrown behind bars what if you analyze professor abraham who says riyadh is far from the ideology it's trying to preach well so that rabia is not on the supplying arms it's also financing the western backed insurgency and syria and it has its long arm playing games in other places including lebanon and several countries in the gulf as well so the policy in general as is extremely supportive of western aims especially in nato
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and the arab homeland i think it's really funny of that they should speak about this so-called dictatorship in syria when you know if we apply the same measures to so that. the. elections having the front political views or a free press or you name it we find out so they. are behind syria and many other countries in the region. now as years of taliban bombing and shooting attacks across afghanistan has killed over three dozen people including children in the past two days on sunday six american soldiers died when their armored vehicle hit a bomb in the east of the country this mike in violence follows very of state hillary clinton's visit to kabul where she declared ghana stand washington's major non nato ally and geo political analyst eric draitser believes the bloodshed won't
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stop the us dr the regional dominance. when the united states dignitaries or those from the western powers go to afghanistan we always see a spike in violence we saw the same in iraq years ago and i think that this is part of a broader campaign to legitimize u.s. military presence in afghanistan remember this is a very unpopular war despite what the obama administration may say and they need to find reasons why they can stay why they can legitimize their presence in a war that's now going on into its second decade the united states has been able to justify a military presence to surround iran to export the afghan war into pakistan to destabilize a region that it sees as critical to its future power projection into central asia afghanistan is one part of a broader campaign a campaign to prevent the chinese from consolidating power in south asia a campaign to to project us hegemony for the next few decades and so in that sense
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the afghan war has been successful though on the surface it does seem that the u.n. that the united states has failed. now take a look at some other stories from around the world. parliament house can you just find the ruling military council ordering it to be dissolved the nation's top court insisted the dismissal of the islamist dominated parliament is final as a third of lawmakers have been elected illegally this is the first major challenge for the newly elected president who ordered legislators to return the military took over governing the country after a possible mubarak was ousted last year and face accusations of not any bad power. have a range of human rights activist has been sentenced to three months in jail for anti-government comments he made online now bill ridge i posted a tweet criticizing the prime minister for jobs helped organize protests in bahrain which saw the shia majority call for changes to limit the powers of the sunni
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ruling family officials have been under criticism for multiple violations of human rights. french police are negotiating with a man who is holding a person hostage at a school in paris the individual being held is thought to be a parent who came to drop their child off the gunmen in his thirty's earlier released a group of children who had been holding at the school in the suburb of vitry suzanne police say he's his demands are not clear. thomas lubanga and the touring is coming these warlord has been sentenced to fourteen years in prison for his role in an ethnic conflict ten years ago he was found guilty of using child soldiers something he denies over sixty thousand people are believed to have been killed in the fighting in the meantime rebel forces in congo are advancing and have already seized a series of key towns rich and mineral wealth or had a bite other general who is also wanted for war crimes by the international
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criminal court. i don't know that our business das can gasper all looks for money to tap the artist rights on goldfield that covers world gas demand for eighteen months but it cost much more to get it out of the frozen ground so it goes from executives meeting investors in the states and europe this week to raise new phones rising energy prices are making exploration the interesting again baltic energy exploration will cost hundreds of billions of dollars they say british hit one hundred twenty six dollars a barrel in march that was slipping today off the top producer in norway called a three week strike e.u. markets have been up and down all day as german courts question if you bailouts are legal but spain's boring calls fall off another thirty billion euro loan from brussels the euro is swung into gains on the dollar in the last few minutes on that use the ruble is also strengthening to major currencies china says imports all surprisingly weak closing down australian miners who depend on trade with beijing
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suffered in the markets have gone into the black this our parliament is meeting to sign off world trade organization membership major move this gazprom is investors as we said to raise funds for the arctic revenues at discount retailer magnets rose by a third in the first of the first quarter net energy for most a day ago plunged by ongoing eurozone debt problems have created good buying opportunities though in the e.u. we spoke to russian railways boasted to me you could. brian negotiations with their presented chips over for greece to consider the possible with all the pressure that i always in the processes of privatisation and greece but also interested in a position of some firms in the field. because we need to sort of expertise if you operate in above the global core of those we need to six parties even more i can't say that we're interested privatization interested in developing
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a bracelet with the forum that always in terms of increasing. russian where we company. is mergers and acquisitions times throughout the rail industry as freight operates a global trends top of the markets full almost a billion dollars is to fund positions both says the call go market is quote roi for consolidation the russian firms on a spending spree at the moment buying rollcall units from the likes of oil no mind i'm italo invest and europe today will have the next day all right ines thanks very much indeed for this date and coming out here on our t.v. they have lines.
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