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tv   [untitled]    July 10, 2012 6:00am-6:30am EDT

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thirty billion euros are set aside for spain's ailing but the future remains uncertain a german court could ban the new rescue fund. and the russians send in aid to the ravaged southern region. where emergency workers and volunteers are trying to help those affected by the flash floods. moves in the mediation forward syrian opposition groups to visit the capital with talks set to question the rebels have been violating the u.n. peace plan.
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for moscow this is r t. good to have you with us the eurozone is ready to pull thirty billion euros into spain's beleaguered banks by the end of the month that you use 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 in downing street that's a hammer out a joint strategy to battle the crisis especially worrying is the well of cash running dry a german court is set to rule whether the eurozone new bailout fund is violating the country's constitution the unequal rules inside the currency union it may prove its downfall this report now to artie's talks on a board. not taking from others and not giving your own that's what made this company grow from a small soap shop a century ago into a multi-million euro business nowadays to him iranian company is of course
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different from running a country or a union of countries but all require fiscal discipline i think it is before we do anything this should be unified school and economic policy it is not acceptable that spain subsidizes things that are not subsidized in germany and it does it in our common experience 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 myself and forget i think countries like spain or greece use the euro in quite opportunist ways they used to pay eight or nine percent interest rates before joining the euro but after they came on board they got access to low rates that germany or france enjoyed encouraged exuberance spending and they have to deal with the seventeen to many experts this day card to me is the decor of the current euro crisis professor real him hankered one of the first and most prominent
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euro skeptics says europe's common currency takes away a crucial element of the free market system that is fair competition. the common market started as a very liberal project and now says liberal project is becoming a very socialistic pol pot's former soviet union common currency means says the competition between currencies. common deaths means. responsibility for your own debts so in russia for instance. faded away but in europe it's coming. well. your crisis but i think. in the. 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
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underlying productivity is drastically different the introduction of the common currency may have promised greeks the same living standards as in germany but didn't make them work just as effectively you cannot compare the infrastructure. of agrees of a. guy with a german guy i mean we're working until we drop in germany the euro two of the central planning close to commoners the same system that we had before nine hundred eighty nine in the east it has nothing to do with the free market has nothing to do with capitalists because entities countries and banks cannot go bankrupt anymore germany may have a generous social system but even here they do you 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
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domestically this country is all for fair competition and self-reliance in a larger european context it's bush to choose between being and nanny and daddy state accident or car three reporting from germany. the u.k. is also not free of financial turmoil outrage at banks and the policy of british m.p. admits lawmakers were useless in uncovering the truth behind a scandal at barclays the bank of england denies. this is r.t. help is pouring into russia's south and it was alteration of crossing that are from all across the country people are sending in basic necessities while volunteer workers travelled to the area devastated by heavy flood it's ripped through the crowded region on friday night killing over one hundred seventy people. now brings us the latest stories of people's fear and heroism. panic on the roads of crims
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traffic jams and crowds of people tried to escape the town center it took just a few minutes of rumors of a second flood to create this live jam in the streets above krinsky it didn't matter what your forty's 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 we survived a terrible floods have lost everything he's got nowhere to live we had dying a fear us. 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
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children to safety among them was the talia's young daughter. was dead when my little girls were saved i asked her who saved her life she said it was a mr policeman but i don't remember his name says she 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 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 most of 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 her roic 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
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laid planks above the surging with an edge to along with clinging to him if we fail if these planks would have died the water looked like it was boiling outside all sorts. of cars were floating around further down the street seventy three year old 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 she there kept growing and growing after surviving the surge by putting on top of a wardrobe he does neighbors returning to and took her out of her waterlogged house and in with them these neighbors here give me shelter and this neighbors give me food i'm very grateful to all those who helped me because i'm an old person and i'm alone from the sacrifices of those who gave everything rather than see other people in danger to the kindness of neighbors in times of great need this community has
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experienced countless human qualities that will be much needed in the rebuilding of crims homes and communities tamasin r.t. . and you can go to our website r.t. dot com to read more about the heroism and drama in the crash at our region on the website and we've also got the latest footage and photos from the disaster zone as well as a timeline of the tragedy residents are piecing together their shattered lives and trying to find hope among the ruins also a volunteer centers driven by social networks have been set up across the worst hit city of crimps convoys of trucks carrying food and clothes for the flood victims are making their way to the affected areas. download the official antti application to go on the phone all i pod touch from the top story. watch on t.v. life on the go. video on demand ati's minefield
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costs and already says feeds now in the palm of your. questions on the dot com. one needs of spare time to obtain inner peace and spirituality. craftsmanship and creativity requires special conditions. are met accuracy and knowledge on the attributes of solitude here. those who are behind bars get freedom of salt expression. wealthy british style.
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markets why not come to. find out what's really happening to the global economy with max cons or for a no holds barred look a bit lobel financial headlines tune into cars a report on our. good to have you with us here on our to today where the bank of england's deputy governor has denied claims he gave barclays bank hints to manipulate lending rates
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at the height of the crisis this latest banking scandal has now reached parliament the chancellor is facing calls to apologize to his opposition counterpart for accusing him of being involved in manipulations as well arty's laura smith reports on this. a key participants in the cross-examination of disgraced barclays chief executive bob diamond has admitted that m.p.'s are powerless to get to the truth about bag because andrea let sims comments come in the wake of diamonds appearance before the commons treasury select committee to answer questions about fixing the law you ball rate the price at which banks lend to each other to benefit barclays. 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
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recorded what were being said and no email trails all they had were regulator reports and what's being reported in the media let sims revealing remarks made in an interview with the independent newspaper will raise questions in the public about whether the truth behind the libel scandal and who knew what will ever emerge the largest scale parliamentary inquiry 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's 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 may be recalls to answer further questions regardless of
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having had to stand down as barclays chief executive bob diamond currently still stands to receive a seventeen million pound pay off 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. laura smith reporting right there well just a bit later here on our team and stacy her but are they going to be revealing what they say is a global bank heist and it's an inside job. is a way since. there is a it is from. max in fact is a global bank heist going on speculators want low rates to fund their respective 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
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radical central bank policies like operation twist e.c.b. 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. you can now watch the cars report throughout the day here on ars he max kaiser the man loved by the people but hated by the banks to join us for his latest. now representatives of the syrian national council are here in moscow for talks russia has also offered to host a fresh international conference on syria and u.n. envoy kofi annan is in iran after meeting syria's bashar al assad jeremy sold from bill can university in turkey says damascus and tehran seem more committed to peace than the opposition and its backers. kofi annan had full cooperation from both
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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 course are integrated have made it clear that they will not enter any negotiations or not contemplate any solution without the disappearance of bashar assad from the same he cannot be a part of the negotiations 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 her well of course what she calls staying off the sidelines of. russia and china blocking any attempt by nature to bomb syria although the fact that iran wasn't invited to the geneva summit last month of this one thing 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
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the only recent situation that iran should be part of any sense because iran is the 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. well washington's support for the syrian rebels is confusing that's according to the chairman of the foreign affairs committee and rushers lower house of parliament. because. 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.
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and you can watch the full interview with alexei pushkov finn about well that only ten minutes time here on say. saudi arabia may be one of the most outspoken critics of syria over what it 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 and a protest was sparked by an arrest on sunday of a prominent shiite cleric the shia minority claims it's being persecuted in saudi arabia course something riyadh denies it's not the first time though there have been deaths of protests in the country many activists being thrown behind bars political analyst professor says a riyadh is far from the ideology that it's trying to preach. well so there it be as not only supplying arms it's also financing the western backed insurgency in
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syria and it has its long arm playing games in other places including lebanon and several countries in the gulf as well so some of the a policy in general is extremely supportive of western aims especially nato aims in the arab homeland i think it's really funny that they should speak about this so-called dictatorship in syria when you know if we apply the same measures to so the area of elections or having different political parties or a free press or you name up there we find that so the area be a lags far behind syria and many other countries in the reeds and. now a series of taliban bombings and shooting attacks across afghanistan as killed now about three dozen people including children just over the past two days on sunday six american soldiers died when their armored vehicle hit
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a bomb in the east of the country despite imbalance follows u.s. secretary of state hillary clinton's visit to kabul where she declared afghanistan as washington's major nonet nato ally and geo political analyst to eric draitser believes the bloodshed won't stop the u.s. drive for that of regional dominance. when 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 the 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
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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 the afghan war has been successful though on the surface it does seem that the united states has failed. ok let's go straight to the r.t. world update for you now we'll start with egypt where the parliament convened by the ruling military council ordering it to be dissolved the nation's top court insisted the dismissal of the islamist dominated parliament is final a third of lawmakers had been elected illegally now this is the first major challenge for the newly elected president to order legislators to return the military took over governing the country after hosni mubarak was ousted last year and now face accusations of not handing power back. a brain
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a human rights activist who's been sentenced to three months in jail for anti government comments he made online. posted a tweet criticizing the prime minister has helped organize protests in bahrain which saw the shia majority call for changes to limit the powers of the sunni ruling family officials have been on the criticism for multiple violations of human rights. a gunman who had been holding hostages at a french school has now been taken into police custody before the arrest he released the last person he'd been holding in the suburb of san the freed hostage was reportedly taken as they dropped the child of what school but the government had earlier released a group of children no one was hurt. thomas lubanga congolese warlord has been sentenced to fourteen years in prison for his role in ethnic conflict ten years ago he was found guilty of using child soldiers it's something
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that he denies over sixty thousand people is believed to have been killed in the fighting in the meantime rebel forces and are advancing and have already seized a series of key towns rich in mineral wealth they are headed by another general who is also wanted war crimes by the international criminal court. so i'm divided on you bush all the areas of the business that's good to see you today i understand there finance minister. noble is giving evidence that germany's top court hears he's just one judge is not to rule e.u. bailout illegal at today's hearing here that the move would cause quote huge uncertainty and sharp rises in boring calls for sustain those costs are still hovering at the unsustainable seven percent mark despite brussels releasing an urgent thirty billion euro this morning to debt ridden spanish banks but traders are cheered the e.u. has been jolted into action all markets in europe are growing after a weak start the footsie just a point of
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a percent up the over one percent up this hour the euro swung into games as well on the dollar off the losses in the morning the ruble is strengthening to major currencies as world moskos growing in the afternoon president putin just said stay firm should follow the rules and if the example and dividends to shareholders gazprom shares are growing as it meets with investors in europe and the states i guess moments raising money to develop the arctic energy exploration of the region will cost hundreds of billions of dollars but the oil price is slipping today off the top producer norway called off a three week strike that brand has gone on the hundred dollars a barrel ongoing eurozone debt problems of created good buying opportunities in the e.u. we spoke to russian railways both live to me you can in. brian negotiations with representatives of greece to consider the possible role of russia that i always in the processes of privatization and greece but also interested in
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a position of firms in the field of the just because we need this expertise and if you are talking about the global corridos we need this expertise even more i can say that we're interested in privatization interested in developing our collaboration with the forum but always in terms of increasing the earnings of russia where we company throughout the rail industry we're currently seeing mergers and acquisitions freight operates a global trends is topping london markets to fund because asians both the game as the call go market is quote bright for consolidation russian firms on a spending spree recently buying broke all units from on all mined out mattel invest and europe today probably will have more phoenix down very good i know thank you. in just a moment i'll be back with the headlines and then we'll be further discussing the political crisis in syria certainly the action by heating up a lot as every day goes by we'll see you in just
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a moment. nearly a billion people in the world are going hungry every day. in the united states even our trash cans are filled with food you just have to go get it all of these perfectly good eggs because one was cracked didn't even get all over the other ones
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just drove all the way up and cheese from the german oh you clearly like the upper crust. from the dumpster at one am this morning three pm this afternoon on the grill a cake is made from and one doesn't dumpster egg white. delicious breakfast for the family aches and toast for about a week every year in america we throw away ninety six billion pounds of food.
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there are those who desperately need it to survive. misspoken to the to give money to look out. for gold in the future and the suppresses the prize the rights or the fruits of. those new clothes of. those who don't get their share of the trades. just by loading got to god according to race and you know don't last but not the one not us at the community nearby who know about it i mean not look any from the company from. those who suck it out to prosper. inside the cities and say. from you not from. ny so life is. no one can live without it in one of the largest
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blood banks in the world. a lot of nigerians. on our team. download the official placation to i phone or my pod touch from the i.q. exams to. life on the go. video on demand atienza money for.

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