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tv   [untitled]    September 12, 2012 1:00pm-1:30pm EDT

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washington condemns the killing of in some basta libya which happened during an overnight war break on the u.s. consulate in benghazi. back in the bailout a german court approves the permanent eurozone rescue fund. the way you put into joy in the five hundred billion euro facility but there are conditions attached all the latest in the german capital coming up shortly. but over a million catalonians march for independence from spain playing with dreads dragging the region to.
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welcome mrs arty's nine pm here in moscow my name's kevin our first this hour washington's condemned the killing of it some bastard to libya christopher stevens and three other officials who died or unarmed mob attacked the u.s. consulate in the city of benghazi the bloodshed followed protests over an american film which has been described as an insult to islam it's the first time a u.s. ambassador has been killed one in post since one thousand nine hundred eighty nine and he's going to teach a cat it's called the latest. we heard hillary clinton say the attacks were perpetrated by a small and savage group not the people or the government of libya making it clear that the administration doesn't see it as an act of war the attack on the u.s. consulate in benghazi was revenge for a movie a largely unknown film well at least up to this day which makes fun of prophet muhammad president obama said while the united states rejects efforts to denigrate the religious beliefs of others we must all unequivocally oppose the kind of
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senseless violence that took the lives of these public servants and message of christie vince and three other americans all u.s. embassy employees died in the attack this tuesday night investors stevens reportedly died from smoke inhalation the angry mob set the consulate on fire witnesses say they also used machine guns and rocket propelled grenades there's a lot of that in benghazi libya was flooded with weapons to fight colonel gadhafi chris stevens himself played an active role in bringing down quite a few something that was pointed out by hillary clinton in the speech she said how could this happen in a country we helped liberate in a city we saved from destruction we also heard that a u.s. marine terror team is heading for gaza to reinforce security at u.s. diplomatic facilities going back to the movie that instigated this deadly attack it was produced by a real estate developer from california who put its trailer on you tube something
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that very few people saw before a preacher from florida terry jones started promoting it the same preacher who's a burning of a koran last year triggered riots in afghanistan this latest film obviously caught fire with mr with people in the part of the world where they don't just let things like that go was they didn't with the caricature of muhammad in a danish newspaper in two thousand and five that triggered a lot of riots as we remember also as they didn't like go with a number of other in. siddons the fury over this film actually started in egypt thousand stormed the u.s. embassy in cairo on tuesday at some point they were able to pull down the u.s. flag and replace it with an islamic banner muslim brotherhood which is now in power in egypt called for nationwide protests in response to this film the revolutions both in egypt and libya ended up with islam is seen in power maybe the new leaders themselves are not fundamentalists but they do appeal to those with hardcore religious sentiments the kind of sentiments which spilled into the violence this
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tuesday night the assaults were a violent reminder that the changes sweeping the region have hardly dispelled the rage against the united states going to fall in washington d.c. they all wrote them a good chance to discuss the attacks on american diplomats with calling cavalli is a professor of political science at bluefield state college in west virginia joining us on the line from princeton good to see tonight thanks for taking the time to be without the washington was directly involved in installing this new regime in libya in support of the uprising in egypt as well of course one of these incidents the arab spring the u.s. standing there looking. book of the assault on libya last august which removes the needy leader of libya moammar gadhafi who forty three years ago i had overthrown with the people of libya king interests who had basically made libya concessions for the americans and the
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british to take their oil and to use the country as a military base. has rounded up the population rightly so because their leader was killed the americans are now taking those in and install a puppet regime in libya and so they are very upset and when america tries to come in with being reactionary doubters like carriages and the israelis around producers to insult their religion on talk jake you know with their country it makes people quite upset and so in love this terrible wind people are storming the end of the sea lions are killing me and this makes it clear the. new thing tonight is on the attacks we saw last night and the people behind it is that as a general carter feeling or is it just a small minority that that incensed. the american the small group.
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of outside our followers. in the law are people who are aligned with more and more big ones but as you can see this is now only in illusion to egypt and libya so there's widespread condemnation american serial goal of trying to show you the religion of the middle east problem or is there anything more do you think the authorities in libya in egypt could have done prevented what's happened in the last twenty four hours. well when you. think we've lost the line to a column there indeed it looks like we have we'll try to get back to calling cavell a little bit later that's the beauty of skype sometimes isn't it pretty we'll get back to a bit later ok now we're also we're closely following this developing story on our
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website r.t. dot com we explore further online the attacks on u.s. missions in benghazi in cairo as unrest into post-revolutionary countries it continues to unfold we reveal the timeline of the protests there is online r.t. dot com. and the big developing story today germany's federal courts back to motion considered crucial for containing the debt crisis that's been raging in europe for almost three years now it approved a new five hundred billion euro bailout fund for struggling eurozone countries however the ruling comes with several conditions artie's peter all of a report on that from berlin. the maximum amount the germany will be able to put in is one hundred and ninety billion if they want to put in any more than that they can have to go to the bundestag and it's going to have to be a vote on it also both houses of the german parliament are going to have to be kept up to date with exactly what that money is being spent on it's a political success for. merkel she backed this system full heartedly and of course
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she's got an election coming up next year she couldn't afford any major embarrassment however the fact that it has to go through a vote in the bundestag and at the amount has been kept could mean that she faces a few internal problems inside the journal put the german parliament if they want to try and increase the amount of money germany is going to give to those failing economies in the rest of the eurozone the five hundred billion euro ports that's not infinite it's got it's not a bottomless pit of cash what happens if other countries for by the way at the moment we're seeing greece needing that bailout money desperately what happens if all of that bailout money or too much of that bailout money spent on greece and say countries like italy or spain slip further into the economic mire does that mean that there's simply no cash left for them in terms of greece i say they will be quite happy to hated this is gone through but there's a huge meeting taking place in the country on wednesday now that is
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a meeting between the heads of the coalition the ruling coalition government there they have problems they can't decide how they're going to make the huge over ten billion worth. of budget cuts they can decide how they're going to do that without hurting the greek people too much so it could end up if they can't make those cuts all of this decision in germany might have fallen by the wayside because the bottom line is if greece doesn't cut they don't get bailout money whatever the german constitutional court ruled. john laughlin the director of studies of the institute of democracy and cooperation told us the governments are focusing on the wrong issue when it comes to fixing the crisis. with today's ruling absolutely nothing has changed the basic problem in europe and indeed in other countries of the world is of course that there is too much debt both private and above all public and nothing today and nothing on any other future occasion is going to make them go away even budget cuts are not going to make the essential problem go away which is
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that the states are too heavily indebted and even the various so-called austerity programs which have been imposed are not going to produce a budget surplus which is the only way of repaying debt unless of course there is economic growth and there's a final point this is the european union for many decades now has played a game of smoke and mirrors whenever there's a crisis whenever there's a problem to be solved it rearranges the institutional furniture by creating the european stability mechanism it's done the same thing again. to a lot less in the meantime the ongoing crisis a spot renewed separatism calls in catalonia over a million people took to the streets of barcelona the call for independence from spain the annual rally attracted a record turnout in the most prosperous part of spain as it is which plague central government and the for its economic woes right now authorities in catalonia are demanding a five billion euro bailout from madrid saying that so much barcelona has been forced to overpay sociologist carlos del close told us the government's imposing centralisation on parts of the country but
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a striving for autonomy. while the economic situation in. the rest of spain is catastrophic and getting worse and the difference between this year and last year particularly is that now the butt of the of a lot is in the government and it's there a lot more aggressively centralist and and it's and there are a lot more aggressive against sort of the autonomous rights that the regions that that feel themselves as nations like a hour the basque region they're a lot more aggressive in imposing that sort of of identity. on them the people that were out in the streets yesterday calling for independence from spain were to a large extent extremely diverse in terms of what their outlook is on economic policy on democratic mechanisms on a number of issues and it's really kind of hard to say who would have the germany
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there it's a very very very wide palette and. certainly it doesn't it doesn't look very certain that way. in europe the people of netherlands go to the polls with euro skeptic parties hoping to be backed by those fed up with helping neighbors deal with the debt crisis we've got more on that the full story in a few minutes also looking at as well the controversial pussy riot punk gets a boost earlier on today from what russia's prime minister dmitri medvedev who their own pictures this is these are the right pictures who says keeping the group members in jail for the length of this sentence will put his state. or i back now to our top story discussing those attacks to those u.s. embassies in libya and egypt we're talking earlier on to calling cavalli is joining us on the line is professor of political science at field state college west virginia we got cut off on our prime there sort of color so the lines a bit better now i'd like to pick up another question in today's statements the
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reactions been coming in thick and fast barack obama and hillary clinton said the tragic incident in north african countries quote shouldn't jeopardize the development of friendly ties between them and the u.s. when you think about. well. you know when you go and take over a country killers leave and so puppet government really around a lot of population. that is why many of them. still and so. to add insult to injury now in the united states through have to carry germs than others in the primary but on the religion of the region which is why our years brought. hillary would like learn not to be any repercussions from this because they're trying to. maintain her dramatic control over the region but there definitely will need blowback that will be detrimental to the united states or around the bar and clinton both said that the people behind the assault will be
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fired will be punished how is washington going to achieve that. i mean these are all bluster because a lot of people who support defending the religion predominate religion of libya and of the middle east and when it's primarily years at the cry of an oppressed people. art of imperialistic actions by the united states in the region. now have been reports of an anti us protest all your own now in gaza or an inch units while the taliban also has called on afghans to wage a long term battle against america does this mean that americans can no longer feel safe anywhere in the middle east or north africa. well americans. or responsible who are part of the news in the region and for the. care of their. in the region but we also has to get out when our government.
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doesn't learn how to live there are. universally a manner overthrow governments like we did a lot of here in libya but resume here. we will be targeted. killing cavell we appreciate your time professor of political science at bluefield state college in west virginia thanks for coming back again. all right well let me time activists in syria say battles have intensified in the country's largest city of aleppo with rebels trying to seize the international airport now under the control of government troops but airfields thought to be used by security forces to pound opposition fighters in other areas of the city as well on sunday a car bomb attack in the northern part of aleppo killed at least thirty people and then you are u.n. envoy is preparing to travel to the capital damascus thursday hoping to get peace efforts off the ground russia's foreign ministry says the u.s. and u.n. security council are quick to condemn some attacks but refuse to finance others.
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because the political so far the un has strongly condemned any terror attacks then our colleagues failed to condemn the recent terror attack on syrian security forces in damascus saying that it wasn't really a terror attack and it targeted those who fought against the rebels that explanation frankly shocked me then we suggested condemning not just the attacks in aleppo but those across iraq as well where more than one hundred people died but our partners refrain from any strong statements which makes me think that their position must have changed dramatically and some western countries must deem terror attacks are acceptable when it suits them i wish they'd refute this suspicion but for now i have to keep it. russia's prime minister to be developed said that the sentences given to the band pussy riot were too harsh and that their further confinement would be a mistake he made the statement earlier on three women from the group were just last month for two years after staging
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a so-called punk prayer in moscow's main cathedral at his eager press can offer a pause. to be permitted if was being quite frank when he said that what you see right that makes him sick and so do the hysteria and noise around this case however the prime minister did say that any jail sentence is already a tough punishment and perhaps any more time for pushing right behind bars may not be effective. group but. the fact that these young women had been in custody for quite some time is by itself regardless of the verdict already a very serious punishment for what they've done that's regardless of the position we're taking staying in prison is retribution in itself under very strict months regarding the content of this act i don't want to be a judge is substitute but in my opinion the punishment they've already suffered and the time they spent in custody is more than enough for them to think about what's happened to their lives whether it's because of their stupidity or because of some
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of the reasons. why were arrested shortly after the so called prayer many call it an entry point in particular seems very right inside place for c.b.s. the future of these calls was a huge we of racism from hospitals questions across the whole country for many of them across the city just to go through the of waste a lot of three members of pussy riot were sentenced to two years behind bars after having been found guilty of hooliganism based on religious hatred but now the prime minister's words come right out of the moscow city court gets ready to start reviewing their appeal that's going to happen on the first of october so we'll still definitely be hearing more about the right to go pers can offer more world news headlines now this wednesday evening from moscow somalia's newly elected president skates an assassination attempt which saw gunfire and explosions targeting his temporary home in the capital the suicide bomb attack on the zero tel took place while the president and the visiting kenyan foreign minister welding
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a news conference at least five people were killed and three more injured the president has. and shake mahmoud who was unhurt was only elected by a parliamentary majority on monday in the first such election in decades of the country major fires here in two factories in pakistan have claimed over three hundred fourteen lives and injured dozens more the most deadly blaze was a close work shop in karate but it's not known how that started the victims of the suffocated or trapped in the basement unable to escape emergency crews expect to find more bodies there and then a second fire the shoe factory in lahore reportedly broke out when employees tried to turn on a generator during a black a. popular south african politician that julius malema has called for a national mind strike encouraging the escalation of disruption that's already halted production at two platinum and gold mines his speech was greeted by cheers of thousands of mine workers meantime thousands more strikers marched on
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a hospital in marikana where some miners are being treated they claimed they were tortured by police the unrest was sparked last month after police shot dead thirty four striking miners. the netherlands is choosing a new parliament with resentment over ensuring cuts at the front of voters' minds the center right and center left parties are neck and neck right now and both are expected to stick with helping out there struggling euro stablemates but it's not is tesser a silly reports next many dutch are weary of austerity and ready to support parties that suggest breaking free from brussels. it was back in ninety ninety two when a treaty was signed at 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 to the polls so i don't know at this moment what is the best this for europe i have
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my jobs because of greece. and the shelf and the netherlands it's a pro european country of course it shouldn't come to the extreme level that we see that greece now in a repeated fashion this annoyance among the dutch of 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 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 made to distinction between. much much bigger gap part of the problem is you know did europe brussels has a lot of power now people feel like they have nothing to say about what's going on
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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 but you know having just of 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. are becoming less convinced of the rationality of continued to austerity publishing's begin to vote for parties who oppose the logical for austerity we've
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seen it in front 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 to us are still here r t the netherlands. is going to cross the latest a business of out of business a evening katie hello again biggest news event today for the markets came from germany didn't it. saw after a german court cleared the way for years bailout fund which has resulted in gains for the u.s. stocks but now although not nearly as also mystic as we were we were witnessing a rally earlier on in the session but now investors are weighing up the prospects of more stimulus measures from the federal was on fire and that many times before but investors assange this is it it's going to happen so we've got the dow jones teacher and then just. five year big markets are no closer check out the
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figures now is all about germany today on the markets in germany but what's misty with all the dots around half a percent and they seem to really be supporting the idea of more money potentially being dished out to the likes of spade and italy whereas traders along the most you can see the scene there is a bit who has received about all two tenths of a cent dallas they weren't as supportive of the news perhaps if we look at the common currency we're seeing in use to loiter around the strongest level versus a dollar in five months meanwhile the ruble finished up mixed against the basket of kaiser's as you can see day to day as the u.s. dollar loss to the euro because that is typically higher at the moment yes. this is a mosque that will see the closing figure is famous to benefit from the rallies that we witnessed earlier in the session as you can see the games they all modestly gaze another the last as you can see we've got nine basis faces the os ask them i
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say around the story that. x. amount is a zero until the plates moves that have not ever been seen before and i'm talking about the so-called triple hundred measures which are expected to be steamy leg late in the main spalls all the while the economy i mentioned the u.s. house of fun money off from a swiss bank. what exactly isn't tails we are in a process where the three main economic zone in on the world the united states china and you're alone or i think very accommodative measure of this is two things that we have never seen you know life before and consequence of that is this kind of military replacing the price of you know commodities and it would be quite good for community currencies and we recommit and our clients to invest in emerging that in local currencies because it would benefit from that trend what
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about russia so russia is a country that we are very positive on because it would benefit from this trend clearly the current valuation of the ruble does not reflect properly 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 debt with just about ten percent of g.d.p. and it was a very good fiscal situation. russian energy giant gazprom is looking to increase its stake in german gas trying to weaken gases it seeks to expand its presence now this is definitely raise a few eyebrows in europe as the e.u. commission has time invested eight in the company's plan this isn't europe after accusing gas problem of hindering the free flow of gas across the region preventing supply diversification and imposing unfair prices on its customers the gas pump has
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already given discounts on several of its european customers i was in negotiations with others as well though after the european commission got involved president vladimir putin signed a decree forbidding state controlled firms from giving information to follow or it is without. the most this means or negotiations will have to go through the government russia provides a course of europe's gas imports and many countries to rely almost entirely on the culture for their imports of gas but for russia europe is also an important customer and it wants to maintain a relationship i think kevin that's all the while that's a business but out so what's going on a lot such late ten say oh is it i. was tom you're absolutely right i should have crossed washington for more on the side of the let's global financial headlines list as cover to come straight off to recover the top stories in our team with me then next.
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you know some very serious. so you think you understand it and then. you hear or see some other part of it and realize everything you thought. welcome to the big picture.
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more news today violence is once again fled the film these are the images the world has been seeing from the streets of canada. giant corporations today. wealthy british. market. has come to. find out what's really happening to the global economy with mike's cars or for a no holds global financial headlines. is a report.

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