tv [untitled] September 4, 2012 6:00am-6:30am EDT
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and negative outlook spotted on the emu as the merry go round of euro zone meetings fails to offer up a solution all bulgaria else now has the single currency. a protest vote brewing in canada's french speaking the bad financial tough times have people increasingly opting for independence. and the u.s. is said to be only ratcheting up its threats against iran in a bid to delay a possible israeli strike against the country.
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hello and welcome to r.t. where we are all screen and online twenty four hours a day seven days a week while more bad news for the european union has ratings giant moody's slaps a negative outlook on the block with a possible downgrade looming it's meant to reflect the troubles of its main budget contributors including germany and france and less sit downs between e.u. leaders have so far failed to bring about any opening for change tuesday we'll see greece and portugal under scrutiny from their creditors as france and italy continue attempts to dig their way out of trouble meanwhile it's the european public bearing the brunt of the crisis another of spain's regions and illusia has run out of money and asked some small government for help investment advisor patrick young says bailouts for weaker members are destroying the eurozone. notwithstanding the terrible crisis in the euro zone the truth is that the european
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union's glorious idea that they can pull everybody's money together and go towards prosperity has been a fiasco because all of the people in the euro are being sucked towards poverty because of the fact that there has been transferred so much money to the profit incompetent governments that are on the southern side of the euro zone there's a wonderful article by the mayor of london boris johnson talking about how cruel issue is going to be sucked into the euro because they've pledged to join it because they are exceeding to the european union next year that would be a suicide move for any nation that wants to join ultimately the prosperous club of the euro zone has turned into a very bitter amongst feuding drunks over who is going to get the last measure of vodka and that is not a way that any other government is going to be happy in being complicit with the economic mismanagement of a crumbling field single currency zone meanwhile with one eye on the troubles of
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its neighbors bulgaria has put its your ambitions on hold finally having qualified to join r.t. is test our silly reports on the poorest members change of heart. bulgaria is posing the latest blow to the embattled currency know it has put on hold its long held plans are joining the euro bloc and interesting we bulgaria in contrast to a lot of bigger economies has managed to reduce its budget deficit to two point one percent of its g.d.p. and that is safely within the three percent rule set by the e.u. a number consistently met mentioned by german chancellor angela merkel but now that they've actually qualified and all the rules they don't want to put this on hold of the prime minister of bulgaria as well as the finance minister had both said that there are two main reasons for this one is the increasing of vulnerability and uncertainty of the future of the euro in the block it's clear it's been going on for a couple of years now and also the deteriorating economic conditions are still the
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clear way out of the crisis and secondly and i think importantly for the leaders of that country is that changing the public opinion in bulgaria people they're asking the very same questions that the citizens of credit countries are asking who else are going to be allowed and for bulgaria's point of view who are we going to bail out once we join the euro and also the country has been through three years already of hysteria measures cuts in pensions and wages and you know for the last year especially a stereo is almost a key word when discussing the eurozone or the euro and now bulgaria is not the only country it's just the latest in the string of countries lithuania last week the prime minister had said that it will only join the euro when quote unquote europe was ready and of course that that is at this point very unclear when the state will be coming and also latvia has lost and boozy as it's changed its tone in terms of looking at the process of joining you be a euro now what this all underlies it goes back to the same point the
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vulnerabilities the weaknesses that we see in the euro and from the outsider's point of view this is what they see they see contras in trouble needing bailouts and you have creditor countries imposed on the people and you have angry and desperate citizens. those countries and with that kind of a picture it's not entirely surprising that belgariad made that decision with the euro zone's troubles only escalating our business presenter katie has the latest market update from the region. and i've got my eyes pilled on the figures you can see just behind me i can tell you that the european market is all still declining also sentiments we have mooted the investors service downgrading the outlook for the european union for. burma is only e.c.b. this week to see what they're going to do in terms of a stimulus to maintenance and it's one of the business but us and i have the latest status. and also coming up we take a look at the election process in the u.s. as the democrats gather for the convention to officially declare obama their turn
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here with r.t.m. karen tara going at it alone that's what's on the minds of a growing number of voters in canada's french speaking province of quebec this tuesday people are set to go to the polls to choose their government with the separatists gaining ground amid the country's financial turmoil and that's the situation i explained. gloomy economic times attracts social instability and uncertainty and what tomorrow will bring for canada's mostly french speaking province of quebec that means agitation for separation is stirring yet again as voters head to the polls it's a three way fight to be the dominant force in convex parliament with emotions running high come back as one hundred eighty four billion dollars in debt and has an economy that has grown by a mere one point seven percent in the last year falling behind canada as a whole competing at the ballot box are the incumbent liberals the firstly form
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coalition for the future of combat and the separatist war and it's the latter which is proving most popular at the polls marching ahead of the others at around thirty three percent this means the issue of convex breakaway from canada could return to the forefront of the decade long reign of the liberals comes to a close it's the latest example of separatism spreading its wings globally in troublesome economic times the separatists leading in the polls claim their short term priority would be picking the economy up of its knees instead of pushing for a separation vote straight away the party leader says a referendum on convex independence would only be held if there was complete confidence in a win for now opinion polls suggest less than forty percent of the provinces population would support a split the new found was overkill back comes after months of student and union protests raging in mid summer and spring tens of thousands of students have made
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their ways out onto the streets and shown their public outrage with clashes with police making news headlines across the world canada in quebec would fare without each other is a matter of fierce debate among experts we might now be much closer to finding out if they see churkin or moscow. canadian reporter michael phoria. growing a strange from the rest of canada with people left with little alternative than a separatist felt i think what it really comes down to is that the bankers will be choosing the lesser of three evils and for many people especially people the younger poppy population they feel that that helps you get back why is a move in the step forward maybe towards more of a progressive message in the province a lot of the polyp party politics you seem between the three parties they have very very many of the same policies in this and they're spending from the liberal party in terms of you know you saw the tuition protests going on a few months ago and they're even still going on now but i think what it comes down
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to it people are just making a choice based upon dissatisfaction with the with all of the three major parties and when it comes to i mean austerity measures well yeah there have been cutbacks and but i mean i think that's been across the board for most canadian provinces in the sense in terms of you know the support of separatism across the province i think across the board of people really just don't care anymore i mean canadians used to care we used to care or you know if it was somebody in a bird or in terror we had family out there friends and they'd say to us you know are you guys really going to be voting to leave and i think even in the in the past few months we saw also was a poll done asking canadians you know do you care of chemical leaves and half of canadians said no we don't care. here with our team and coming up in a few minutes some death defying stunts. is using no safety equipment whatsoever during his regular extreme or on a crane over one hundred meters above ground in a few minutes we hear just why he does it. the u.s.
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is reportedly taking further in direct action against iran to delay a possible israeli strike against the country although saying it will not back such an attack washington could be under pressure from israel to declare certain red lines over their program. reports. for some time now there have been indications that television might be considering a strike on terror around and that such a strike could be imminent what we're hearing now are rumblings from the american administration that it is putting all steps on the table that it is in point all steps short of war to try and prevent the israelis from going this route at the same time it is also trying to force to iran to take negotiations more seriously in these negotiations over its nuclear program that until now have stalled we are hearing from high ranking and named american officials that the united states and twenty five other countries will be participating in the largest ever mine sweeping
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exercise in the gulf and that this is an attempt to prevent any kind of efforts by iran to block oil exports through the strait of hormuz was at the same time washington is completing a new radar system in qatar that will combine with already existing radar systems in two key and in israel met together these will form a board and team coverage now these developments out in the public but they do come on the back of rumors that are going on in private and that is that israel would never consider any kind of military action on iran and they said head american support whether or not this is true is impossible to say but certainly any kind of israeli action would result in a full scale regional conflict and at the same time the united states publicly not supporting the war is me trying to ensure itself against any kind of future israeli
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action policy ought to have stephen zunes professor of politics and international studies at the university of san francisco thanks war with iran will devastate both sides. i think there is an awareness summit in god in the white house and elsewhere that war with iran would be a disaster i mean even putting aside the moral concerns the legal concerns about that subject on flicked the war games and other scenarios and then looking at all come out to the same conclusion the costs and badly outweigh the benefits and so the united states is concerned as they are about nuclear or about iran's nuclear program want to do whatever they can to avoid war the israeli general staff the time generals i've done some of the calculations of the pentagon has and recognize it is really a nonstarter that it would be a disaster for israel as well with unleash you know thousands of rockets into and
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into israel iran so has a nuclear arsenal of missiles if you do a lot of damage and and certainly on balance israel could do more harm to iran that iran could be to israel and certainly would not send back their nuclear program to any substantial degree in fact if anything it would give the iranians a motivation to go actually branched off from once as far as we know so far as the billion program and to actually developing nuclear weapons. don't forget to log on to our website for the story and more. here's what you can find there right now the private e-mails of a mascara his book containing correspondence revealing how on they're spreading for his attacks is released and norwegian shops. and calls make storm watch the footage of a massive explosion on the sun and find out how it affected us here on earth all at heart dot com.
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i had a family i lived in a fairly nice community it was a rich it was an upscale it was just like you know archie bunker's society ok then they started showing up here what happened was my company decided i could get cheap labor and they got rid of. me rosa legally legally we have to get up every morning we have to go to work and you know we have to pay our bills and we have to do it and it that's just the american dream and if you want the american dream you have to go by the laws i figure it's here's one of the major trails in to the united states. i watch and they run run down my property
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well and thank you for joining our team time now to take a trip around the globe for some world news and very paper on bringing in the hills court has upheld the decision to jail twenty opposition figures and activists for allegedly plotting to overthrow the ruling monarchy last years verdict among which are life sentences triggered what sparked protests of demands to release those imprisoned the ongoing civil unrest in bahrain has already claimed sixty lives and clashes with police as dissenters continue to demand democratic reforms. a co-founder of the popular file sharing website the pirate bay is set to be extradited to sweden to face one year in jail for copyright law violations got freed wark was arrested last week in the cambodian capital phnom phen at the
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request of swedish authorities the cambodian interior minister has yet to approve the expulsion war again his pirate bay colleagues were sentenced in two thousand and nine and ordered to pay four and a half million dollars to enter time entertainment giants for copyright theft. and police officers have been hurt during a second night of sectarian clashes in belfast northern ireland loyalist first fought with police on sunday leaving. almost fifty officers injured in response to a parade republicans riders threw bottles bricks and fireworks at police lines until early monday morning trouble tends to break out most summers in reaction to the two communities holding traditional parades. azerbaijan's pardon of a soldier who murdered an armenian will set back the regional peace process says the organization for security and cooperation in europe and i was there
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a soldier was sentenced to life in prison in hungary for the killing of an armenian officer during a nato training in two thousand and four but was later sent back to haunt armenia reacted by suspending diplomatic relations with hungary armenia and azerbaijan have been at odds since the war between ethnic nations in nine hundred ninety one over the now gordon no credible enclave. in the u.s. the democratic national convention is kicking off with thousands of delegates gathering in north carolina the three day event will culminate with barack obama confirmed as the democratic party candidate as comes hot on the heels of last week's republican convention that's all strong criticism of obama's four years in the white house jesse alexander meyerson a contributor to the truth out website doesn't see much light ahead of the u.s. whoever wins the election. the way to think about what's happening to america and
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essentially the north atlantic coalition in general is that things are getting very very much worse somewhat slow and if president obama were elected they would get much worse in you know rate and if president if there were a president romney that would get much worse at a quicker rate i mean that's essentially the way to look at it the shift of money and power from the bottom to the top would accelerate under romney the condition for working people for women for. you know communities of color that are subject to massive incarceration for. countries abroad that are plagued by drone strikes we get much worse under mitt romney and they're already going to get quite bad under president obama appetite for the extreme daring pastimes are gaining popularity in russia with adrenaline junkies coming up with some superhuman tricks
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turning them into internet sensations aren't you sarah firth took her own leap of faith. risking it all for a thrill the young the brave and the downright dangerous appropriately dubbed suicide sports uploading videos and images of yourself performing thing injuries stunts is a fad that's taken russia by storm marina's adrenaline fueled stunt attracted millions of hits online but of all just assertions it was not something we planned i decided to go on the rooftop and asked my friend to join i looked around and i felt i needed something more my friend was of course very worried about me but i said that everything was under control and decided to take a walk i think a lot of people like it because it provokes sincere emotions thrill and drive and happiness i was doing what i had wanted to do for such a long time but still i was very surprised. i don't. really.
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know works part time at the appropriately named mad a group that off is the opportunity to do harness jumps in musk i just felt like bungee jumping and great jumping have to come a really popular pastime here in russia so we're going to give it a go. well though certainly an adrenaline rush but for some people even that kind of sport is not enough and there's a lot of people many of them in the team here you go to the full. well many of the activities to tell you on the edge of legality some of the other stunts. the boundaries of the law says that's a yearly from the one. to me the small new level of ability to
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become a kind of superman doesn't provide a may play a role but as luck and on numerous occasions these have been without it lost their lives. as the arena have friends and a growing number of like minded russians that's a risk the willing to take surf city. and for those who don't have the stomach for heights there's always a career in finance isn't that right. karyn definitely you be a stomach of still and you need. very much the thing because still mike is in russia under pressure right now in the us because of russia's w t o wall trade organization membership may put the country's still micah's under pressure because of new free market rules that will force them to reduce prices to compete with foreigners and that means lower profitability amid rising. local towers on energy and transportation but having said all this alexei want the c.e.o.
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of one of the world's major still make use of a style is sold in the tribals will have a positive effect on the us and companies bad it will take time we believe that steel industry. you want us to scrap comparative now of course it was on the regular it's reasonable and the question is do you still play or says there are some specific issues do you solve for example in birth of. your bill of goods from ukraine or an export of tata burnt to united states which require specific decision and also it's important to mention that exertion. doesn't believe big immediate role for us in the university but it could be on a longer run strong facilitator of russian economy economic growth which will generate additional demand which due to our benefit. head on into europe and see the stock markets continue to drop this tuesday and not says pressure on the
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european central bank to activate stimulus measures increase and the us off to moody's investors service swarm of european union could lose its aaa debt saying that's rippling through the markets out the money with the day heading further into negative territory around eight tenths of a percent now if we look at the common currency will see that that is actually heading northward that we all want twenty six zero nine as for the russian ruble with you see she getting the basket of kurtz's in the session this afternoon here moscow as the she markets has been all choppy day of trade as you go through i make up my mind but at the moment we're looking at positive figures as you can see that the l.c.s. around the hof accent up all over the sentiments initially were taken from the asia session it was disappointing for them on the corporate side of things here most of the country's gas mostly gas from is meeting a french hotel later in the day the companies will discuss the fate of the. project
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in the paris to see the oil prices that fifty percent of the oil output from the gulf of mexico remains shot not because of hurricane isaac so because of those supply disruptions which is the oil is actually gaining if we get into the goal that we see that they're still loitering around the highest level in five miles not because of all this economic uncertainty me that i've been chatting about means that investors are heading towards the. move you know something i like to talk about jet setting a flight from london to moscow also resist bug could soon become cheaper as persians easyjet aims to turn its wings to. the sea daily newspaper says low cost carrier plans to launch the flights between the cities us to resume next year however it still needs to win a tender for that route with virgin that plans. british airways among other bit is with the result and among i don't care who when was it means cheaper flights carol
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