tv [untitled] July 10, 2012 7:00am-7:30am EDT
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mission to teach creation why it should care about humans. this is why you should care only. thirty billion euros are set aside for. the future. the german court. the new rescue fund. to the southern region of where emergency workers and volunteers are trying to help those affected by flash floods. and moves the mediation forward syrian opposition groups visit the capital. of pressure of president assad to go while rejecting any dialogue.
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a very warm welcome to you from all of us here at the moscow. the eurozone is ready to poor thirty billion a year rose into spain's beleaguered banks by the end of this 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 the well of cash running dry one german court is set to rule whether the euro zone's new bailout fund is violating the country's constitution the unequal rules inside the currency union it may prove to be its downfall as a boy reports. 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. before we do anything there should be unified fiscal 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 mind often forget the land i think countries like 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 the low rates that germany and france enjoyed encouraged exuberance spending and they have to deal with the seven to many experts this dichotomy 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 since liberal project is becoming a very socialistic. former soviet union common currency means says the competition between currencies. common debts means is responsible for your own debts so in russia for instance. faded away but a new hope it's coming. auspices of so your crisis but i think. just in the 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
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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 the productivity 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 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
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domestically this country is all for fair competition and self-reliance in a larger european context it's push to choose between being and nanny and daddy state that's one of our current three reporting from germany. where the u.k. is also not free of financial turmoil as outrage at banks drags in the politicians . for makers were useless in uncovering the truth behind a scandal that barclays bank of england denies any of. this is r.t. help is pouring into russia's southern resort region of question that are from all across the country people are sending in basic necessities while volunteer workers travel to the area devastated by a heavy flood it swept through the cross and our region on friday night killing over one hundred and seventy people. brings out the stories of people's fears and heroism. panic on the roads of crims traffic jams and crowds of people tried to
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escape the town center it took just a few minutes of rumors of a second floor to create this live jam in the streets above prince 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 with survived the terrible floods we've lost everything we've 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 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 you i'm sure he 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 there is a size of. 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
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safety he laid planks above the surging water and edged along with her clinging to him if we fail of these planks we would have died the water looked like it was boiling outside all sorts of bits of debris even 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 in 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 the wardrobe he does neighbors return 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
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times of great need this community has experienced countless human qualities that will be much needed in the rebuilding of crims homes and communities tom barton r.t. . you can always go to our website r.t. dot com to read more about the heroism and drama in the crash and our region at the web site the water has got the latest footage and photos from the disaster zone as well as a timeline of the tragedy residents are trying to piece together 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 crims convoys of trucks carrying food and clothes for the floods victims are continually making their ways to the affected areas. download the official auntie application to your i phone pod touch from the.
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life on the go. video on demand. broadcasts and r.s.s. feeds now in the palm of your. question on the dot com. one needs of spear time to obtain peace and spirituality. and creativity requires special conditions. amid accuracy and knowledge on the attributes of some of the duty here. those who are behind bars freedom of self-expression.
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just after ten minutes past the hour here in moscow this is the british lawmakers are grilling the chairman of barclays bank trying to find loopholes in chief executive bob diamond's testimony last week however marcus seems to be sticking by his former colleague barclays has been found guilty of manipulating interbank lending rates at the height of the financial crisis and the revelation forced diamond to quit and give up a thirty million dollar bonus. smith now reports on the ongoing scandal.
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key participant 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 bankers andrea led sim's comments come in the wake of diamonds appearance before the commons treasury select committee to answer questions about fixing the libel 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 recorded what were being said and no email trails all they had were regulator reports and what's been reported in the media has 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 scandal and who knew what will ever emerge
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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 lead's 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 in the meantime this all begs the question if m.p.'s are powerless to get to the truth who will. laura smith reporting there well just a bit later in the program max keiser and stacy herbert are both revealing what they say is a global bank heist but it's all an inside job. is a way since are you is there is it is for our
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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 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. and you can watch the course report in about fifteen minutes time right here on r.t. of course max kaiser the man loved by the people but hated by the banks to join us for his latest. representatives of the syrian opposition are right here in moscow
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for talks the syrian national council says it wants russia to persuade president assad to step down but ruled out any negotiations with the regime as u.n. peace envoy kofi annan visits iran following his meeting with assad jeremy sold associate professor of middle east politics of bilk and university in turkey says damascus and tehran the see more committed to peace than that of the opposition and its backers. 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 of course are integrated have made it clear that they will not enter any will not contemplate any solution without the disappearance of bashar assad from the scene 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
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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. russia and china blocking any attempt by nature to bomb syria well the fact that iran was an advice of 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 the only regional situation that iran should be part of any sense because iran is a regional player as important as egypt 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. and i washington's
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support for the syrian rebels is confusing that's according to the chairman of the foreign affairs committee in russia's lower house of parliament. but muslim 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 capture the full interview with alexei pushkov just over an hour's time of course right here on the scene. for now 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 back at home two people were killed when police opened fire on the regime demonstrators the protest was sparked by an arrest on
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sunday of a prominent shiite cleric a shia minority claims it's being persecuted in saudi arabia something riyadh denies it's not the first time though there have been deaths or protests in the country many activists continue to be thrown behind bars political analyst a professor at you but he says riyadh is far from the ideology that it is trying to preach. well so there is not only supplying arms it's also financing the western backed insurgency in 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 and. extremely supportive of western aims especially in the games in the homeland i think it's really funny that they said speak is so-called dictatorship in syria when. we apply the same measures to so the.
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elections are having different political. free press for you in the name of we find out so they. are behind syria and many other countries and that. a series of taliban bombing and shooting attacks across afghanistan has now killed three dozen people including children just over the past two days on sunday six american soldiers died when their vehicle hit a bomb in the east of the country a spike in violence follows u.s. secretary of state hillary clinton's visit to kabul that's where she declared afghanistan as washington's major nato ally and geo political analyst eric draitser believes the bloodshed won't stop the u.s. drive for 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 hears ago and i think that this is part
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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 the afghan war has been successful though on the surface it does seem that the united states has failed. in just a moment will join daniel for the hourly business update for now though starting
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with egypt let's start the world up to the parliament there has convened to spy 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 had 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 hosni mubarak was ousted last year and face accusations of not handing back the power. and rights activist has sentenced to three months in jail for antigovernment comments he made online. job posted a tweet criticizing the prime minister job 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 under criticism for multiple violations of human rights. a gunman who had been holding hostages at
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a french school has now been taken into police custody before the arrest he released the last person here been holding in the paris suburb. the freed hostage was reportedly kidnapped while dropping a child off at the school and the government had earlier released a whole group of children at the end of the day and no one was hurt. thomas lubanga a notorious congolese 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 in something he denies over sixty thousand people are believed to have been killed in the fighting now for the meantime rebel forces in congo are advancing and have already seized a series of key towns richard well they're headed by another general who is also wanted for war crimes by the international criminal court. has promised. business update good to see you again russia signed up to the world trade organization
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finally just a well not exactly a century in the making but long enough eighteen years in fact we'll see exactly what it all means with an expert later this chick's talks because of an urgent thirty billion euro for spain's banks today has boosted all e.u. markets madrid's outperforming rivals not surprisingly the euro's swung into games on the dollar on the news as well the rubles also of all major currencies sco is growing in the afternoon off to president putin said states should follow the rules in the six samples and dividends to shareholders paula meets today to sign off russia's membership of the w t o funder the implications we're joined by euro zone it's a volley of thirteen billion dollars russia loses from three says the government who exactly will pay for those losses oh i think a lot of these losses will probably have to do with the losses of russia's import
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competing sectors such as agriculture such as textiles but at the same time i think there will be also benefits substantial benefits emanating from the fact that export industries will also benefit from russia's w t o accession and there are also transition periods those may be as long as five or seven or nine years and the impact of these transition period while soft on the negative implications of russia's w t o accession who are the winners of w t o entry then you have the main winners i think will be the export sectors such as the steel sector chemicals to some degree and part of the reason there is that these are precisely the sectors that. you. against russian producers is concentrated once
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russia is in the w t o it will have the benefit of countering foreign protectionism and accordingly russian producers and the sectors in steel and chemicals will be able to bypass foreign protectionism to overcome it and to export more of their goods abroad now will american firms lose out from russia's interest if they don't screw up the jackson valley commitment boring free trade with this country yeah i think certainly the jacks and then a commandment is something that will need to be. eliminated in order for us companies to take full benefit of russia's w t o accession the thing is that within the w.t. all members operate according to recite prosody rules so if there are restrictions against russia within the organization then russia may limit
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benefits and have restrictions visa be other countries of the organisation and that is precisely the issue of the jacksonville amendment as long as there are these restrictions. american companies might not get the full benefits of russia's accession to the world trade organization very interesting so exports as the main game is from trio slowest of all. thank you very much indeed and that's what we've got time for we'll have more business for you next.
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our trash cans are filled with food you just have to go get it all of these perfectly good eggs because one was crap didn't even get all over the other ones just drove all the way up and cheese from the german oh. we really like the upper crust. from the dumpster at one am this morning three pm this afternoon on the grill the cake is made from one dozen dumpster egg whites. delicious breakfast for the family eggs and toast for about a week every year in america we throw away ninety six billion pounds of food. but. one needs of spare time to obtain inner peace and spirituality.
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