tv [untitled] October 30, 2012 12:00am-12:30am EDT
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superstorm sandy claims of peace for have seen the lives of the slums and the east coast america forcing barack obama and me troubling two hundred sound just days ahead of the presidential election. no bailout needed pay the agencies prime minister to says that countries don't need help but the latest economic forecast says financial collapse is inevitable. that foreign powers for refusing to negotiate with all the sides in this here and conflict that's up to north of one of those folders and one for the troops place to look into the worsening situation of the region still reeling from waves arab spring legacy.
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and there's a russia around the world this is with me thanks for joining us the race for the u.s. presidency has been struck by superstorm sandy which hit hard at america's eastern seaboard packing a deadly punch it claimed at least thirteen lives before losing some steam as it moves farther inland millions have been left without electricity in several states an explosion at a power plant in new york plunged a large part of the city into darkness heavy rains are expected to continue for at least another twenty four hours adding to the flooding in the area. reports now from the eye of the storm i made the line count. the super storm has been reading all lot of having a car i mean york and nearby state downtown lower manhattan by battery park there are some devastating scenes i'm holding the surge the tide is kind of past search and our men. literally underwater we have seen throughout the city some cranes
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collapsing a building on the west side of manhattan has collapsed tens of thousands of people have been displaced from their homes millions are now without power me included and clearly this storm is not over and we don't know how bad it's going to get isn't horse the more south you are in manhattan but you can't disregard the the outer boroughs like the queens and brooklyn and staten island. all of all of new yorkers right now are suffering i should extend that to all those living in new jersey virginia maryland along the east coast this is a this is a brutal storm i may be easing up but clearly it is causing significant damage ascending is clearly becoming a huge player in this two thousand trauma lection let's remember this election day is a week away u.s. president barack obama and his opponent mitt romney they both have suspended their
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campaigning events for a monday and tuesday president obama returned to washington d.c. he addressed the nation about the series weather conditions told americans as this is a very extreme and serious storm and everyone should be taking this circumstance very seriously now on the gallup poll what's interesting is that they have announced that they are suspending their daily election polling due to this hurricane hurricane sandy it's not clear when they will be good again but sandy is likely to affect early voting now early voting typically helps democrats but we don't know what kind of damage will be caused by next week how are people going to get to the polls in six or seven days that is the major concern but that's something that we can insist pete and we until we see the opera math. and the us political system haydn says sunday could help fuel around the divide a tiny between obama and. it's destroying the legitimacy of the election
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potentially on the east coast. early voting in is is is being wiped out in these cities and states the voting of the elderly on election day the voting of the poor on election day. the voting of new yorkers on election day is likely to be diminished through no fault of their own. and that will affect the outcome of the election but at the same time as you well know it's extremely possible to manipulate the computers so if it's a close election it will be protested and contested as illegitimate. and even as wall street closed down in the face of sunday anti corporate oaky by
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accident still believe the bankers will come out trying the presidential campaign has become the most expensive in u.s. history with major corporations pouring billions into both camps independent journalist j.m.s. and believes this will keep the occupy movement growing even after election day. the presidential election the united states really sucks all of the oxygen out of the room there is essentially no political work that can be done during an election i would say that the many different organizing projects that different you know organizers and instrumental motivators in occupy have taken on in this period where without you know media spotlight actually argue quite well for the future of the movement that there's a moment of political maturation happening among occupiers and i think that. you know occupy wall she was really useful in that it introduced everybody to each other and gave everyone a common vocabulary and a common conceptual framework for understanding the problems and that people are organizing in solidarity with one another in a in
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a really promising way but essentially the story of american politics is that it is completely incapable of reforming it is intransigent it is in the death grip of a system of corporate acquisition and accumulation that it simply cannot get out. as you can get more live updates on superstorm sandy on our web site home and i'll coverage of the presidential race also continues as we take a look at the mainstream is missing don't miss the final round of debates between that said policy comes it's right here on our next monday. we both agree we agree we have to bring the tax rates down i felt the same as the president did governor romney i'm glad. you agree let's get back to something the president i agree on and you do you agree that the voters have a choice perhaps you wonder who to vote for what to romney and obama agree on so many things remember you do have other options come november sixth tune in to see the second round of debates between the major third party candidates right here on
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r.g.p. . spain and prime ministers are denying claims that countries will be seeking bailout cash anytime soon the leaders notes in madrid on monday but countries have already faced mass protests with people venting their frustration over biting spending cuts that is save some trapped in a severe recession with unemployment numbers reaching alarming heights national acts that patrick young says their leaders clay bailout future borders on it is an additional. we've got the italian and spanish leaders who obviously don't read their own newspapers i mean just to give an example last week the spanish said they would launch an eighteen billion euro front to be allowed the regions by today can the ninth region had their little share of the pile and they've already therefore got commitments for seventeen point six billion up to nine regions of space and there are lots of other regions that are bankrupt to go certainly should be in desperately need to be enlarged glee will be lucky to escape with one mr rudd
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holywell good on history as the man who ultimately signed your route through an unbelievable pig headed obstinacy when he simply refused to appreciate the fact that he'd let his country slip backwards and ultimately the spanish economy at the moment is going towards where it was about nine hundred seventy two when franco was still alive and well meanwhile greece is being forced to introduce one hundred fifty more financial reforms by its international creditors this as a journalist was arrested after publishing a list of the country's top. secret swiss bank accounts cost us the. same information i was given to the greek authorities to get ago by christine legarde who was the french finance minister at the time and illegal acts that george. says those accusations should have been investigated then and that. be used exactly because it was not. proved but the investigating.
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that so i think it's just an early bay was you know who's in. a pretext if now that the journalist is published in this material instead of going after these suspects that couldn't be less of tax evasion they're going after the soonest it would be at a great deal of difference is a good thing that the sentiment of the injustice that the now i would hate to see this in this feeling is that it would be some some say out of this meeting went in there we are facing now so maybe the police at least would not to please all our finance a problem might be to could be a food stamp or the numbers for garden justice but it got to the political fairness . later in the program charitable bonking appalled by the crisis and furious with buying so one british businessman finds his own way to support the local community he will bring in his store in
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a couple of minutes. balls fifteen goats to cal's. forty kilograms of rice one thousand flatbreads. a live. but why is the bride in a bad mood. to tell the groom it's not just the want. to rule it is a done deal. that the phone watches show every single moment. and waiting for you to stumble. i saw a man with a video camera so i moved over and he followed me. you know we realized there were following everyone from early in the morning.
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this is as he welcome back russia's foreign minister sergei lavrov has urged all sides in the syrian conflict to open dialogue that's despite a u.n. broken trees failing to hold fire as between government troops and the rebels and the talks in moscow united nations and arab league envoy to syria lakhdar brahimi stated that some of the violence against civilians during the cease fire over the holiday was committed by a terror groups not belonging to the opposition russia believes before his state should take responsibility for their functions and syria they support and convince them to lay down arms but as all his point is clear reports for the western nations not more time to change their stance more chaos could. things have gone from bad to worse in a region powered by the hope of change not so long in libya one year after the
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revolution i guess shells and artillery reportedly be used against peaceful civilians lebannon is on the brink of civil war and syria is already one someone. there is a process of another reformatting of the geopolitical map of the middle east when various players try to secure their political position we consider this counterproductive such measures imposed from outside can never give a stable long term result. this is the result of western efforts to encourage the so-called democratization of. countries in ruins tens of thousands killed and hundreds of thousands maybe refugees but western nations it seems are still not ready to stop we are going to do everything we can to make sure that we are helping the opposition and to further pressure and isolate the regime seeing syria remove assad is a very high priority for us and it's not mere lipservice washington and its european
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allies our system the rebels to get rid of assad i'm sure of one. i think a syrian regime will never find its place among the community of nations it has nice future among us that is why france will recognize a provisional government representing the new free syria once it's been awful me but if assad goes it's almost guaranteed that the whole fourteen. question i sound protects minorities including the christians that have lived in syria hundreds of years even the strictest estimates of the situation received from a west european partners says that at least one third of the population still back assad regarded him as a person destined not to let syria turn into a country impossible for minorities to live in. and no more than into syria's instability threatens the security of neighboring never known to the u.s. is made to feel it supports a new government it wasn't false that the lebanese intelligence officer was killed
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that murder prompted widespread condemnation and of course for the international community to stay out of domestic a say is a message the international community would do well to heed a phony to prevent the region from forty two for the chaos today we're seeing the a western and g.c.c. led counter revolution while at the same time on one hand the west is is proclaiming some kind of backing of people's you know rights to self-determination through this arab spring and actually what they're doing is unwinding it for them in countries like bahrain in yemen in countries like libya and syria where the west has actively sought to foment a rebellion and forced regime change a reality fall from the minds of those governments trump in the arab spring and what it could bring. our team. some penetrating analysis
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a syrian coming up on syria coming up in about ten minutes time the head of the parliamentary foreign affairs committee talks about his role in the conflicts but for now a quick preview. you can be direct or drag itself into this conflict you know that the war in syria. may have a lot of trips to turkey and it's not the turkey has refrained from crossing the border and sending its ground troops to syria because it's easier to go in it's difficult to get out and the story of all the conflicts there against iran whatever shows that you go in and the decision is taken a couple of days and then takes you years and years and years to get out so i don't think that the government is really willing to open a war with the syrian government. but. those two states are basically on the brink of war so it's really kind of not. it
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should be untied part by part so now i think it's high time to start to untie the syrian. stories for you from around the world this hour police in western kenya have planted down crowds of protesters into indignant over the murder of prominent a local politician several people are reported killed in the clashes the riots erupted after parliamentary hopeful was shot by unknown assailants while driving in town with his wife protesters blame the police college ties with the taxes and deteriorating security. authorities have five tear gas and water cannon to this facet behind romney in ankara thousands took to the streets demanding a more secular turkey on the anniversary of the founding of the republic the crowds were virtually stopped and they tried to commemorate mr fatah took the founder of the secular state ready to head. fear the current government islam this tendencies
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that threaten the secular republic founded by. international observers criticized ukraine's parliamentary elections saying it has been a backward step for democracy marred by the abuse of power over eighty percent of ballots have been counted so far with the ruling party in the lead the opposition party which seeks the impeachment of incumbent president to begin a call that comes second with more than twenty three percent of the votes in the reports now from. the future of ukraine's parliament still looks pretty much uncertain as it stands the ruling party along with the communists are winning this election with the majority of the votes but the exit poll results which came out late on sunday suggested that the opposition parties may be gaining some kind of advantage in the future parliament and in that case things would be looking very grim for the ruling party and for the current president victory on the college because the opposition has been saying all along that it would impeach the
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president should it get a majority in parliament and why one way or another but still the biggest intrigue in the future parliament is who the former boxer the former heavyweight champion of the world and his party will be joining in an alliance in the case that the ruling party does not get a complete majority in parliament then it will be klitschko who will be the decisive figure if he decides to join the alliance of the opposition parties which are already signed an agreement to join you in the coalition in the future parliament things would go would go in a very much unpredictable scenario in the ukraine the parliament voting itself according to the domestic and international observers have been more or less free of any major force if occasions certainly we are waiting for the official results to come out from the central action commission of ukraine but that may take several days and we expecting the final results to come out not earlier than wednesday this week and we'll certainly be bringing all the latest updates and all the latest results on the great parliamentary election as we get them. and on l.c.
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dot com right now for you a golden treasure hunt three ships and davis aircraft and a helicopter fifty of a fault with their fine tooth caught in thatch of a vanished russian cargo ship with seven hundred tons of precious. past favors could be facing trial for allowing children to rack up charges on the parents credit cards. banks have been causing growing anger and resentment with the british public since they can only crisis struck in two thousand and eight laura smith tells us how the story now the story of one businessman who decided to change the system by proclaiming herself himself a financial institution. hello frank in a moment thank you dave fyshwick is a cheeky northern charmer he made his fortune selling minibuses in his hometown as burnley but instead of fancy holidays and expensive cars when the credit crisis hit
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dave wanted to give something back so he decided to open a bank late two thousand and eight early two thousand and nine my mini. me to get funded for. fifteen years but overnight that just stopped the banks just stopped lending to the to the customers and i'm thinking of a done something wrong have they made a mistake of the. you know it's not the people that are the problem it's the banks the problem so i thought well i'll and so that's what it banked on dave he says although thanks to extensive red tape he's not actually allowed to call himself a bank and he's keen to differentiate himself from banks in other ways too he offers five percent on savings and he lends that money out to his local community and no bonuses and he profits go to charity state. that just isn't a day in every town more's the pity so his isn't
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a model which could be rolled out nationwide in its current form but financial experts say lessons can be learnt for a healthier banking system one point is clear and this is a point that the bank makes in a way is that banking has just moved too far away from its roots and its basic need to understand to saving with has been lost. in madras where highly leveraged games over the last sixty. days ultimate goal is to bring banking back to its roots no more faceless conglomerates where computers and mavericks make the decisions and the one percent. pockets unimaginable bonuses instead local banks for local people run by the community to benefit the community it's not a new idea in fact it's how banking used to be before the mega box and mega banks
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stepped in and dave starting to get some political support you have to take save us money and invest in real productive activity and to take responsibility for doing it which is not the way that banking currently works in his comical kind of crazy we're showing the way to a better banking system which is responsible. in touch with entrepreneurship which actually could be the basis for going forward there's certainly got to be some way forwards as wave after wave of scandal hits the financial sector banking on dave and others like him looks more and more attractive one of the sayings i use a lawyer people who rob banks go to person bank to real people get paid bonuses to stop laura smith forty birmingham. turn out a check on their business desk where casey is waiting for their hello that's another quiet day for the markets especially one case a year exactly it is all because of hurricane sandy really slamming into the east
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coast it means that new york's financial markets will remain closed for tuesday's trading session and it does hope to reopen on wednesday the last day of the month of course but we don't know just yet obviously mother nature hard to predict now as there is no bull streak close to follow want from it means domestic news is really dictating the asians at the moment there's a number of positive earnings reports coming out today including japan still works as well actually gaining over five percent after of course the company is in talks with apple and google actually now a crucial bank of japan meeting takes place later today and is expected to this. potential stimulus measures for the economy and on to oil interestedly japan's crude oil imports from iran fell thirty eight percent in september that from a year ago and all prices are indeed low and that says u.s. refineries cut crude production in anticipation of
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a plunge and energy demand in us of course going to hurricane sandy really bearing down on the eastern side of the u.s. right now another common currency is been trading flat readies for the last maybe four hours or so as you can see the pet is down around twenty five percent so far this week meanwhile the ruble this is how it closed up the monday session it was weak. the s. dole out of the russian markets they finished the session in red territory just there was a little insane ash no actions of the all fall also there was a declining oil price to contend with as well they will the russian president vladimir putin has requested that gas pump get started in the east and pipeline to davis so it can have more details on that one lays. out in a few minutes here on we try to find the elsa to the syrian standoff with the head of the russian parliament foreign affairs committee says stay with us for backup.
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wealthy british style. is not on. the. market why not. find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune into cons a report on what will change when america picks its president amid muslim rage walking the iran tightrope pushing china and russia as occupy anger spreads the two parties still dictate their future this election up close guy every monday to
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november fifth on our team. complete speed cool language. programs and documentaries in arabic it's all here on. reporting from the world's hot spot skiffy ip interviews intriguing stories for you to. see in trying. to find out more visit our big teeth dog called. more news today violence is once again flared up the film these are the images kobold has been seeing from the streets of canada. china operations are all today.
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which right. move. from silence to. don't come. joining me now is next a push called who's the head of the international committee in the russian duma thank you for being with us let's begin with diplomacy in the world today and it's never been easy but it seems even more powerless with situations like we're seeing with full blown conflict in syria do you think a political solution that through words we can have peace there well i think the.
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