tv [untitled] September 12, 2012 3:00am-3:30am EDT
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which is why you should. only. break your nerves in the lead there and egypt story u.s. diplomatic missions killing one injuring another about u.s. made films insults the prophet mohammad. a lot of blood it expected a german court has said to the west that funneling money to any neighbors is illegal while the euro zone struggles to break free of the vicious cycle. does another lens goes to the polls it seems it doesn't really matter if your party in love still right as long as it wants out of the euros are.
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news from russia and around the world this is our see with me thanks for joining us american diplomatic missions in libya and egypt by angry mobs over a u.s. made film said to insults the prophet muhammad that's sold in the libyan city have been gaza left one u.s. staff member killed and another injured. a you tube film attacking the prophet mohamed triggered protests against u.s. missions in cairo and then ghazi in libya a u.s. official was killed and another was injured after an arm mob set fire to the u.s. consulate after storming it now three injured members of libya's armed forces were reportedly taken away in an ambulance and the majority of the u.s.
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building was reportedly destroyed now earlier on tuesday hundreds of egypt sions marched to the u.s. embassy in cairo to protest this film many demonstrators were seen scaling the walls to take down the american flag and replace it with a black flag bearing the inscription that means to protest this is the first time ever that the u.s. embassy in egypt has been attacked or reached now this the film that purportedly triggered this uprising against u.s. diplomatic missions was reportedly produced by an anti muslim group based in the united states it depicts the prophet mohammad as a fraud and shows him having sex and calling for massacres reporting from new york r.t. post-revolutionary egypt could only see
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a third of the rise in extremism and instability. and assistant professor of middle east and islamic politics at the university of denver. people like this i think are looking for a reaction they're looking for precisely what we saw today in cairo and in big as they deeply are trying to promote a clash of civilizations and think americans are going to have to get used to the fact that as societies open up you are going to see protests such as the es by extremist elements it's not just liberals and democrats and seculars secularists who have the right to protest but so do you know members of extreme fundamentalist groups they also have that right to challenge yours to keep them within the framework of the lost and to prevent them from creating instability in overturning and overthrowing egypt's democratic transition there is fear that we're going to see copycat sort of demonstrations. throughout the arab and muslim world and and let's hope that
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a cooler press cooler heads can prevail egypt's new president meanwhile is working to establish trade ties with washington to secure funds to help revive his country's economy. explore all fronts the port comes at a high political price. egyptian needs money and the us needs to preserve its leverage in egypt so how do you make those who needs meet without going back to mubarak style leadership which egyptians rose up to the polls earlier in september the egyptian president accepted a delegation of u.s. officials as well as the c.e.o.'s of some fifty u.s. corporations looking to do business in egypt many of whom already have billions invested in the country mohammed morsi told them what they wanted to hear that their investments were secure that he would help the companies expend in egyptian by reducing red tape and last but not least that he would respect the peace treaty where this will as he's pretty sesar head in other words he said the hopes high
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with american officials and businessman the president is continuing the same old policy of mubarak but with the distance and some authority and some symbolism the he enjoys popular support and he can do a lot of things that would serve the americans with cultural blessing and religious missing top president morsi scored another point with the u.s. when during a visit to iran he slammed the regime and called for an intervention in syria regimes about one point park six billion u.s. dollars in aid and on top of that back in august they received two billion dollars who qatar and of course the u.s. could talk to the leading hawks on syria so when you receiving got much money from the u.s. and the charts hardly surprising go to a summit and criticize syria it's not a big surprise really u.s. aid always comes with strings attached for instance much of the military aid money to egypt has been spent in the u.s. and weapons and services contracts with u.s.
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companies as for the rest is essentially a barrage of hey are who are maintaining the treaty with israel washington is now negotiating another package of perks for egypt one billion dollars in debt relief and around. hundred million dollars to improve the business climate in egypt but for the uighurs business as the deputy director of one of the american aid distribution agencies said for every dollar they get eight dollars back in u.s. exports the u.s. policy on egypt apparently stays the same it could be phrased nothing personal just business the question for egyptians remains whether their new leader will ever pursue independent policies or whether he'll end up doing washington's bidding as he's pretty sesar did in washington i'm going to shaken. to the head this hour washington denies there's a rift with israel over its nuclear despite claims president obama rejected the meeting with prime minister netanyahu. gone tunneled raises
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fresh concerns about the time the treatment under news calls for more transparency at the infamous discussion. that's later but now it's a day of reckoning for the euro zone's a merry go round of bailouts germany's federal court to rule whether rescuing us a call means is illegal and was a billion can join the new five hundred billion euro rescue fund meanwhile greek protesters try to sabotage a fresh round of austerity talks as our friends creditors demand more birth belt tightening in return for continued age to all of our reports. well there are cracks beginning to show in greece's ruling coalition government members of parliament of said that the country must avoid implementing further crippling austerity measures on the poor members of society this comes after the coalition failed to agree on how to implement eleven point five billion euros worth of further cuts demanded by
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greece's main creditors prompting one greek m.p. to say greece's partners in europe must realize that the country simply can't take any more a comment almost certainly directed towards europe's economic powerhouse so the greeks say that they can't handle any more cuts but a big decision being made here in germany on wednesday could mean that perhaps there wasn't going to be any more bailout money the constitutional court is ruling on whether the german taxpayer money can be given to foreign countries to bail them out of the economic myatt they go to decide whether that's allowed under the german constitution now if they say that it isn't it opens up huge problems not just for those countries that require the bailout money but also for the german chancellor angela merkel she supported this wholeheartedly and is running for reelection next year but we are hearing though is that perhaps the court will rule in favor of
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allowing this under the german constitution not so after a german euro skeptic m.p. try to have the court's decision delayed on tuesday the court said no way we're sticking to our guns and delivering the verdict on wednesday which means that perhaps they have their minds somewhat made up however the version of this so-called european state billet mechanism might be a little different to what had been first invision they could be some quite strict conditions imposed they would make it difficult for it to be renegotiated should other countries slip into the economic crisis and require a rescue plan. while in spanish catalonia one and a half million people took to the streets so the regional capital barcelona to call for independence the annual rally attracted a record turnout as catalonia struggles under madrid's economic policies all
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sources in spain's wealth his region are demanding a five billion euro bailout from central government saying that's how much barcelona has been forced to overpay and this comes as no drip struggles to say was ailing banking sector and financial adviser aaa says a lot of regulation is to blame. kitchens are trying to do to get out of the responsibility of looking after the banks especially in countries like spain as it would argue that bankers overseeing a bank is. not. the solution this doesn't address the. economic value. between the different countries if it's a place i give it to you there's too much government there's massive budget deficits. and it doesn't really get to the core. really today the central banks governments. regulating the banking system.
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while we are still in the crisis that started back with a credit crunch seven seven. financial advisor not talking about the state of eurozone finances. here a debate is also at the forefront for voters in the netherlands as they go to the polls to choose where the country will be headed they sent a right and center left party is a neck and neck both are expected to stick to deficit reduction policies but people in the country are tired of austerity with the euro skeptic parties are ready for last minute gains. it was back in ninety ninety two when a treaty was signed of michelle toe in maastricht in the netherlands establishing the economic and monetary union later paving the way for the creation of the single currency but today mounting a euro skepticism has spread to even countries considered poor eurozone nations including the very one where it all began and the dutch are taking their discontent
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to the polls so i don't know at this moment what is the best this for europe i have my jobs because of greece. and the show and the netherlands it's a pro european country of course it shouldn't come to the stream level that we see with greece now in a repeated fashion this annoyance among the dutch at having to bail out greece again and again has reached a point where some dutch customers refuse to pay the bill of greek restaurants because well they've already paid with bailout money taking on a euro skeptic anti brussels stat has become a popular campaign strategy from the far right freedom party which is called for the return of the dutch guilder to the once fringe leftist socialist party openly challenging the german led a stair the strategy for europe well we're protesting against our liberal government you know makes a distinction between the rich. and much much bigger gap part of the problem is you
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know did europe brussels has a lot of power now people feel like they have nothing to say about what's going on with their money or we cannot make our own decisions anymore about our housing projects about our social system about their pensions people do not want to say a united europe is ok you know but you only need a united europe to make sure this piece we can do together and that there's no borders is all right you know having just a small group of people over liberal people in brussels making up where how we how we spend our money the socialist sort of popularity in the past weeks and all those support has waned slightly they're still expected to increase their seats in parliament we can see in europe. photographs. are becoming less convinced of the rationality of continued austerity policies
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and begin to vote for parties who oppose the logical force territory we've seen it in france we've seen it in regional elections in germany which makes america very worried about the elections next year and how the dutch vote could very well tip the balance of sentiment among citizens of the so-called core of the euro zone tesser sylvia r.t. the netherlands. and you can always find more information on this story on our website dot com and while you are online check some of the stars as well like a friend for u.s. soldiers as the pentagon creates a cyber mewe will they expect descendant of battle to i. don't need to create by blood to represent its energy john's gospel on the state of protection as it faces an anti monopoly probe by the european media get the full story as.
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to the. reason used to listen with the robot false to deceive to be delving into the facts which are. on the internet and we've got to give especially welcome to all the ladies and agents from the n.s.a. a few of them i find glad because it is all about ignorance and i would spring from the streets in small movements as we speak little to being to be written in to implement ways of controlling the expanse of business nit picky to say we told.
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you to trust the government if you. are going to take three. judges. or a judge three. three. three. three blogs a lot of video. your media project free media party dot com. wealthy british style. market why not. find out what's really happening to the global economy with mike's culture the no holds barred look at the global financial headlines
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kaiser report on our. washington says there's no rift with a zero over iran's nuclear program saying they are both committed to prevent iran from developing nuclear weapons this comes after claims of barack obama rejected benyamin netanyahu his request for a meeting in washington next week netanyahu has recently been critical of the u.s. for failing to take a tough stance towards iran and he wanted washington for some definite red lines over the actions of iran or shift cross could lead to an aggressive response including an american led a time the obama administration has so fast paced world to call its rhetoric and give talks on sanctions a chance writer and journalist are at times he says those calling for war and getting increasingly desperate. will never really seems at out of touch at the moment even mitt romney obama's fellow contender for the presidential races is
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a strong this ridiculous comment from the israelis international media are interested in another war they don't seem to get that what you're about means doing destruction intel reports that repeatedly say that iran is not pursuing a nuclear weapons program but thrown in the bin just by the in the past few days saying that in richmond has actually de. greece not the great is an associated press in jail quite understand the machinations of what the nuclear debate in vienna actually is but no i think of all iran increasingly it looks like the third world war is some time off a little i mean i don't know is increasingly desperate but i think the fact that mr dempsey himself his exact words i would not want to be complicit on an israeli attack on iran speaks volumes i hope dempsey tells a bomber to stop the sanctions. and the death toll in the plane crash in russia's
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far east has risen to at least ten after a four year old girl who was found alive died before she could be taken to hospital fourteen people including two crew members were on board at the time of the choir four passengers survived but also had to be in a critical condition then told of twenty eight on a commercial flight at russia's far is disappeared from radar after making a forced landing and was later found lying on its side ten kilometers from the destination airport salia and poor weather conditions are said to be the most likely cause of the accident thursday has been declared a day of mourning in the kamchatka region. or if you look at some other stories making news around the world functionally fires in two major parties tiny cities have killed at least ninety seven people and injured dozens more blaze that claimed dozens of lives at a shoe factory in lahore erupted when employees were trying to turn on a generator during a blackout the second fire at a garment workshop in karachi killed twenty people the blazes have angered the
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public over the all sorts his failure to address and the jury issues of the country . the moral ceremonies have been held across the u.s. the eleventh anniversary of the nine eleven tragedy terrorist attacks left more than three thousand people dead and injured the rock and michelle obama acknowledged the day with a minute's silence at the white house it was time to the moment when the hijacked passenger plane crashed into the north tower of the world trade center in new york eleven gears about titus thought to have been masterminded by osama bin laden prompted america's will. also south african politician julius malema has called for a national mind strike encouraging the escalation of the labor design order that has already hold that production up to a platinum mine each day his speech was punctuated by the troops of thousands of mineworkers one thousand small stripers marched on a hospital in moree qana where some miners are being treated they claimed they were
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tortured by police then rice was pumped last month one police shelled out surgical strike. and gun town of a detainee who died at the detention center over the weekend over unknown causes should have been released in two thousand and nine given a citizen. was cleared with evidence of his links to al qaeda and the taliban deemed unconvincing but he remained in the prison as the you are stopped returning prisoners do you have and as the country was considered unstable and attorney but dreams could be a year questions the legality of the practice practice. we've long known that the detentions on time are political detentions this is not about a loss of wording used to tensions most of the men who remain at one hundred sixty remain are young an age and reason they remain detained reason that remained was because of the fact aren't his citizenship he was a yemeni citizen and president obama issued
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a moratorium on transfers to yemen in two thousand and nine and that they and continues to insist it would block the transfer yemenis who had been cleared or who have been cleared by the administration to leave fifty eight yemenis or one tom all right now has been cleared by every person in iraq and in the ministration mistaken matter to leave that prison and reason they were navy is because of the fact of where they are not anything other they have actually been alleged to have done so it's very clear at least with respect to the yemenis it's clear it's respects they diminish their intentions are purely political and it is really a shame. way very heavily on on the united states and the courts and frankly the broader international community that's death and i think we need to. graduate this moment at least and we will energize and mobilized to try to finally reach the prison so that there's more men do not. european markets and
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so let's cross to our business desk and see how investors are feeding ahead of the cool turning in germany so what can you tell us marina well the mood is the friendly cautious but more on the optimistic side of things when it comes to europe is something they have reflection of what investors are feeling it's a divider opinion so we're seeing mix the basic configures of work as i look at the european markets and what i have to say for those who may have just joined us of course we are awaiting the verdict the germany's constitutional court the sets are on the legality of the euro zone's arrest the fall and with that the footsie shot into. and the german dax is adding almost point three percent this hour but again it's only been the first couple of minutes of the trading session so it's still early to say exactly how they will shape up now let's move on to russia where it's been over an hour now and see the trade in session and there we see of course investors i have seen the head of making drastic move spot the optimism is that.
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over half a percent and the my six point three percent almost at this hour and i want to say we often talk about some local news here when it comes through. of course the corporation which has now increased its fourth claims against bulgaria to one billion euros the firmest seeking compensation after sofia canceled the nuclear power plant project in the north of the country financial problems were blamed for the holes in construction but some analysts say it was rather a political decision some says the money will cover the cost of the equipment that turned out to be unnecessary. and the will of course always has a major effect on the russian companies and markets and the economy in general that lies with us reading at ninety seven a dollars roughly one that comes to the brand blended slowly approaching one hundred sixteen it's not trading at the highest level in almost three weeks and that's in the hopes that the u.s. and china will be on the maze and increase the fuel demand now if we can move on
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and take a look at currencies and see where the ruble and the euro stand the euro is still strengthening versus the u.s. dollar when it comes to the ruble its strength again so both major currencies and it was like a look at asia which investors are going to go home so we'll see their reaction to what happens in europe of course in the next trade in session was that up and take a is that in over one and a half are signs and exporters in japan there are mongol top gainers this hour and then we have the hang sang adding a girl born a person again investors are also focusing of course on what will happen in the u.s. on thursday. well the us federal reserve has announced this latest policy decision and there we are expecting to hear about another round of wants to easing that's what investors want to hear so let's take a look at how wall street performed overnight and their sentiments as well the dow added over half a percent in fact there was a best of been there since two thousand and seven but of course the nasdaq it was
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a lot to pause again people has the any drastic moves there and i want to stay with the talk about some exciting news and this has to do with the release of the latest i phone and the i phone five which will happen in sign francisco later in the day and it's not only gadget lovers who are excited about this but economist says well i phone five could create a huge revenue not only for the company but related firms as well such as wireless carriers suppliers and accessories sellers j.p. morgan estimated that sales could boost the u.s. fourth quarter gross domestic product by three point two billion dollars and there is already huge demand for the latest smartphone which is expected to be a big upgrade feature in the larger screen and four g. connectivity and analysts also predict that apple could sell as many as ten million i phones in the first ten days and as many as fifty million in the holiday quarter . by global stock markets a little bit more because we might see
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a move that has never been seen before talking about the so-called triple headed measures which are expected to stimulate their economies of many countries around the world and we spoke to the far more a year from the swiss bank. and he explained to us what this entails. we are in the process where the free main economic zone in on the world the united states china and the euro and i think very accommodative measure of this is things that we have never seen you know life before and consequence of that is this kind of military replacing the price of. commodities and it will be quite good for community currencies and we'll recover and plans to invest in emerging that in local currencies because it will benefit from that trend russia so russia is
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a country that we are very positive on because it will benefit from this trend clearly the current valuation of the ruble does not reflect the price of oil and we expect the russian ruble to appreciate in the coming weeks and months so we are very positive on russia in the sense that this is a country that has a very no government. just about ten percent of g.d.p. and it's very good fiscal situation. and that's how. i thank you very much for poor nerina latest edition. coming up shortly after. a little.
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culture is that so much money in which of course is right when it comes of your money and welcome to prosper here in a lot of us stop at the apec two thousand and twelve meeting. i'm in sochi the only city in europe the host of the twenty fourteen which are the biggest. seat. thank you. so much. thank you.
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