tv [untitled] September 12, 2012 4:00am-4:30am EDT
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bailout verdict expected a german court is set to rule whether funneling money to ailing neighbors is illegal while the eurozone struggles to break free of the vicious dead cycle. so the south you've been netherlands go to the polls and the euro skeptic parties down below last minute while it calls to leave your austerity behind come from across the political spectrum. raging mobs in libya and egypt still want u.s. diplomatic missions killing one and injuring another over a glass made film said to instantly prophet mohammad.
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hello and welcome to r.c. twenty four hour news life for most. of our top story now it's a day of reckoning for the euro zone's merry go round of bailouts germany's federal court is set to rule whether rescuing other economies 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 athens creditors demanded more belt tightening in return for continued a piece on of the now 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 poorer 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 greece's main creditors
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prompting one greek m.p. to say greece's partners in europe must realize that the country simply can't take anymore a comment almost certainly directed towards europe's economic powerhouse so the greeks say that they can't handle any more cuts but the 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 german taxpayer money can be given to foreign countries to bail them out of the economic mire they going 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 to fail out money but also for the german chancellor angela merkel she supported this wholeheartedly and is running for reelection next year we are hearing though is that perhaps the court will rule in favor of allowing this under
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the german constitution nuts 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 of the regional company to call for independence the annual running at prague has at a record turnout ascot aloni a struggles and them adrift economic policies authorities in spain the wealthiest region are demanding a five billion euro bailout from central government saying that's how much concern
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has been forced to overpay this comes as madrid struggles to save its ailing banking sector and financial adviser kittrell polies says a lack of regulation is to blame. the kitchens are trying to get out of their sponsibility or looking after the banks especially in countries like spain as many would argue that bankers are seeing other bankers east is perhaps not. the solution this doesn't address the fundamental. which is slightly economic life. between the different countries if it's applied to the g there's too much government there's massive budget deficits. and it doesn't really get to the core of the problem really today the central banks governments have a steady job regulating the banking system. and that's why we are still in the
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crisis started with the credit crunch didn't see. the you are debate is also at the forefront for voters in the netherlands as they go to the polls to choose where the country has next the center right and center left parties are neck and neck both are expected to stick to deficit reduction policies but people in the country are tired of us territory where the euro skeptic party is ready for last minute goals. reports. it was back in ninety ninety two when a treaty was signed and bishop joe 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 to the polls so i don't know at this moment what is the best is for europe i have my jobs because of greece. and the shelf and the netherlands it's
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a pro european country of course it shouldn't come to the stream level that we see 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 and 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. much much bigger gap part of the problem is you know did you run brussels has a lot of power now and 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
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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 there's no borders it's all right but you know having just of small group of people over liberal people in brussels making up 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 that. voters. are becoming less convinced of the rationality of continued austerity policies begin to vote for parties who oppose the logic of austerity 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
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vote could very well tip the balance of sentiment among citizens of the so-called core of the euro zone just are still there r t the netherlands and norm that let's now speak to a year and the young at thing least i think welcome to the program in spring the conservative government in the netherlands collapsed over e.u. budget cuts how many verses do you think can be swayed by the euro skeptic party. i think are still quite issue there's a big euro skeptic party on the right and there's also one on the left the far left socialist party and i expect this far left socialist party to gain many years seats in the parliament although they have lost quite a bit over the past two weeks people going back to the labor party thinking that the leader of this socialist party was not really competent a candidate as prime minister so they rally around the labor party trying to win at
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least the left so there will be a labor prime minister that will do away with the stereotype and that's the right also start a rally around the current prime minister mr mark reiter or the liberals who will try to continue the policy of austerity budget cuts and make sure that the recall image reforms both the far left and the far right parties which have been in the third and fourth place in opinion polls are strongly against eurozone austerity and bailouts how serious is this iteration of parties with these are opposing views agree on the issue. well of course it makes the formation of a government very difficult because you have a big party on the far right you've got a big party on the far left and then you have to try to form a government through the middle somewhere where parties now competing against each other will have to work together the day after the elections and it will be very difficult particularly because there are two views there is one center right
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liberal party of mr margaret or the prime minister in favor of this territory the parties rather against it and there is the current liberal party of mr rooter who is a close ally to berlin whereas the dutch labor party is more looking at paris and the french president hollande the who's one of the critics of austerity policies so here we see a dividing line straight going through the dutch political landscape and it's also going to be decisive to know where the dutch are going to stand out of the elections are they going to be with burley in or are they rather going to side with with paris right even the supro europe passes a leading in the polls do not entirely agree with everything brussels wants like the socialists one more time for reforms and the liberals don't want to funnel more cash to greece so wish direction do you expect the netherlands to take with a new parliament. i think there's going to be a very difficult formation of the government given the fact that the liberals and the labor party were somehow have to work together they have to make up their mind
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particularly the liberals have been very critical of brussels in general also the prime minister has been doing so and always been a close ally of mrs merkel and supporting the germans in what they're doing to. you and you are turning into. a transfer union where the northern part of you is paying for the southern part and we see that our voters now are increasingly getting suspicious of all this in trying to get away from it so i think it's going to be very difficult not only the election today but it particularly the day after talking about dutch taxpayers that angry by continued belt tightening damaging their wealth and pensions while billions are going to struggling here as our members are people going to continue taking that. you see just give one example in the netherlands to go on to increase the retirement age from sixty five to sixty seven where from just recently reduces the retirement age from sixty two to sixty so people in the netherlands get the impression that they have to work longer in
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order to subsidize the reduction of the retirement age in france so these are all things that are not putting for helping forward any idea of a common european union because some people have the idea they are paying for the others they are paying their bills in france in particular and some politicians have the idea that they can do whatever they want because it's the germans who will have to pay and with the germans will also come the dutch and the finns and that is the reasons why these countries are very critical. and i think euro and p. from the european conservatives and reform party thank you very much indeed for sharing your views and that's sad. thank you. still to come the song washington denies there is a rift with israel over iran's nuclear ambitions disappoint claims president obama rejected a meeting with prime minister netanyahu. american
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diplomatic missions in libya and egypt have been a target by angry mobs over a u.s. made film to insult the prophet muhammad that's sold in the libyan city have been ghazi left one u.s. stuff member killed and another injured. are you to 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. 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
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walls to take down the american flag this is the first time ever that the u.s. embassy in egypt has been attacked or breached 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 to the prophet mohammad as a fraud and shows him having sex and calling for massacres reporting from new york r.t. . post revolutionary leader and egypt could only see a further rise in extremism and instability. and the system professor of middle east and islamic politics at the university have done by people like this i think are looking for a reaction they deeply are trying to promote a clash of civilizations and think americans are going to have to get used to defected as societies open up you're going to see protests such as the spike stream
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is the element 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 you to keep them within the framework of the lost and to prevent them from creating instability overturning and overthrowing egypt's so a 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 cooler pressure cooler heads can prevail egypt's new president hasn't yet spoken out about the film which angered some hardliners mohamed morsi has been working to establish trade ties with washington to secure funds to help revive his country's economy but as always he's got to come explain such support comes at a high political price. egypt 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
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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 egypt by reducing red tape and last but not least that he would respect the peace treaty with israel as he's pretty sesar had in other words he set the hopes high with american officials and businessmen 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.
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when during a visit to iran he slammed the asada regime and called for an intervention in syria regimes about one point five six billion u.s. dollars in aid and on top of that back in august they received two billion dollars to 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 haag surprise to 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 the u.s. companies as for the rest is essentially a barrage of hay or or me tuning the treaty with israel washington is now negotiating another package of perks for egypt one billion dollars in debt relief and around. four hundred million dollars to improve the business climate in asia but for the u.s.
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aid means business as the deputy director of one of the american aid distribution agencies said for every dollar they invest they get eight dollars back in u.s. exports and 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. and you can find more information on this story on our website www dot com and while you are online check some other stories as well like a four legged friend of four u.s. soldiers at the pentagon create a sign of a new they expect to send into battle to. posting a tweet now seems on par with screaming your thoughts out the window as twitter breaks its privacy agreement to reveal the identity of occupy wall street protesters get the full story at.
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washington says there's no rift with the zero over iran's nuclear program saying they are both committed to prevent iran from developing atomic weapons this comes after claims that 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 he wanted washington to set up definite red lines over their actions over iran which of cross could lead to an aggressive response including an american led a time the obama administration has so far asked israel to cool its rhetoric and give talks and sanctions a chance. journalist afshin rattansi says those calling for one getting increasingly desperate. will never really seem out of judge at the moment even mitt romney obama's fellow contender for the presidential race is being strong this ridiculous comment from the israelis international media are interested in another
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ward and together what about means doing destruction intel reports that repeatedly say that iran is not pursuing a nuclear weapons program but throwing in the bin just by the way in the past few days saying in richmond has actually decreased not. quite understand the machinations of what the nuclear debate in vienna actually is but now i think all iran. singley it looks like the third world war is some time off a little i mean they 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 obama to stop the sanctions. and some news just in the eurozone bailouts can continue germany's federal constitutional court has ruled that the euro zone's new permanent bailout fund is
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legal the european stability ability facility has been given the green light but certain conditions must be met and we'll keep you posted of course. the death toll in a plane crash in russia's 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 crash four passengers survived but are said to be in a critical condition then told of twenty eight on a commercial flight in russia's far east made a forced landing ten kilometers from their destination airport no court has yet been established for the accident thursday has been declared a day of mourning in the come charging to reach him. look at some other stories making news around the world. true fines in two major pakistani cities have killed at least one hundred twenty eight people and injured dozens more the blaze that claimed dozens of lives at a shrew factory in lahore and up to one employees were trying to turn on
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a generator during a blackout the second fire at a garment workshop kharaj trickle twenty people the blazes have angered the public over the also which is failure to address and attrition is. immoral some are new memorial ceremonies i should say have been held across the u.s. to mark the eleventh anniversary of the nine eleven tragedy the terrorist attacks left more than three thousand people dead and injured in iraq and michelle obama acknowledged the date with a minute's silence at the white house so it was time for the moment one hijacked passenger plane crashed into the north tower of the world trade center. has ago that's hard still to have been mastermind by osama bin laden prompted america's war on terror. and south african politician julius malema has called for a national mind strike encouraging their estimation of the labor design as a way to hold it production to platinum and gold mines the speech was punctuated by
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a truce of thousands of mineworkers thing while thousands more strikers marched on a hospital in maracana where someone as are being treated they claim they were tortured by police that restless part last month one police child died thirty four striking. all right let's talk business now marina is that following the markets for us house trading going marina for you are things moving really fast right of course after the news came out from germany it was a look at the european markets though we're seeing that it's flat but as i was saying that figures are moving right behind if you can see it's all going a little bit crazy right now as of right now you see the foot sea legs. but it's pretty much by next hour everything will change completely and that's because investors are waiting to see it being approved but of course they are concerned with the conditions that are imposed we'll talk more about that next hour let's take a look at the russian markets which the world optimistic on pause there from the
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beginning of the trading session right now is in the mixed picture in the quarter of a percent m i six adding just a little bit of course have something to do with it but right now they're trading at their highest level in almost three weeks which is helping let's move on and take a look at currencies the euro strengthening against the dollar one that comes through the ruble it's gaining against both major currencies and a quick look at asian markets. investors are getting ready to go home and of course the world wait and see what happened here they almost missed the sale of the nec a close before that decision came out and that that add over one and a half percent on the hope that there would be a rather fine and then the hang sang of right now is over one percent in the black on those same hopes now i want to talk about president vladimir putin who said that he's called for a swift conclusion to the e.u. investigation of gas firms activities in the region he said gas from of course a good relationship with it's cost simmers in the europe but also they could find
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other costumers around the world now to say more about the earlier he signed that the crew were talking about it were putin of course for big things they controlled firms from giving information to foreign of these without permission from moscow now that's after the european commission started investigating gas from claiming the energy giants may be abusing its dominant position russia provides a quarter of europe's gas imports and many countries rely almost entirely on the country for imports of gas meanwhile gas from its investigation is rather connected with the eurozone problems. she shares again today a number of the weaker economies in the european union press their demands for unilateral discounts from gazprom you we interpret such claims as an attempt by the european commission use it to subsidize a country's interest in europe and gazprom by cost as an attempt to ease the economic problems at the expense of russia as
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a stronger solution you look at this hour you know we'll have a lot more next hours of course as as i said the markets just keep going higher and i and i are good news is her i think i'm not sure enough we'll be talking to you later and shortly we'll talk to the head of the world's biggest only medium producer but before that i'll bring you the headlines.
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next question dates in believe me. just a one to two the execution date is enough for anybody to go through your life and. no more than fifty percent of the people here if you didn't texas are not. why you know live in north darfur is that it. is just like you know we execute our convicted capital murder we have the highest execution rate in america we're not afraid to do it we do it well this becomes a point where death becomes. our ever new hope. our get a letter your dad is due to be executed next week then as appears scary mummy for you to know you can loose here one of the appearance at the end of a manner of me saying that's when it's time to go. and i would lead him into the to the best chamber. common stayed till after they were dating.
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