tv [untitled] December 13, 2012 3:00am-3:30am EST
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why not what's really happening to the global economy with much stronger no holds barred look at the global financial headlines conjure report. seriously rubble coalition stands by an al qaeda linked group which openly admitted to terror attacks in the past as a string of fresh deadly bombings head damascus. bureau breathes a sigh of relief as a result space through of the dead by bags with at the top qualifying for billions more in bailout cash. and the u.n. nuclear watchdog bring these talks with iran hoping to examine facilities they believe held secret atomic development but the evidence to back this is patience.
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it's midday here in moscow you're watching r t with me to bomb once a washington's decision to brand a leading rival group in syria as a terrorist organization spock's of course of all drage among those who enjoy america's overwhelming support the key rebel coalition recognized by the u.s. as the sole representative of the syrian people has thrown its weight behind the al qaeda linked al nusra front artie's up can expand its. it's clear that washington is trying to distance itself from extremists in syria they have designated a front a terrorist organization it's thought to be one of the most aggressive and ruthless groups currently involved in the conflict washington's decision to call them terrorists is seen as more of a symbolic move because many other fighters in syria possibly most of them welcome the efforts of those there's a canadian terrorist efforts that include suicide bombings and killing those prisoners in fact the leader of the very syrian opposition coalition which the u.s. has just formally recognized and is supportive of came out and asked the u.s.
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to reconsider their decision on almost because they've been so helpful in the fight against al saud but the decision to formally recognize the syrian opposition coalition will pave the way for more support for these rebels and they're asking for weapons for a lot of weapons including heavy artillery and the latest from damascus is that this wednesday an explosion purgative the syrian interior ministry we don't know whether it was the all nusra front it were another rebel organization behind it would we do know that it was a massive explosion rather three explosions rather there has been many blast like that in the past mostly suicide bombings. washington is accusing damascus of using weapons banned for use in populated areas in its fight against the rebels this is to further allegations that scud missiles have been fired and warnings that chemical arms will be the next step jake upon burgo founder and president of the future of freedom foundation says the u.s.
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is deliberately demonizing the syrian government. we've heard this stuff before about you know saddam hussein's debbie in days knew was going to unleash them on the us and mushroom clouds over american cities and it was entirely bogus it was that it was a way to get the american people to support the invasion and occupation of the country and that's what all of this interventionism is all about to install their dictators into power look like how the us empire is not complaining about the dictatorship in bahrain i mean there you've got a military u.s. military base so they got to stay quiet about that here i mean and you see what went on in egypt you see in saudi arabia i mean the u.s. has long supported dictatorship saddam hussein was one of the ones they supported and so this is about regime change in the hopes of installing a pro-u.s. regime but as we've learned things don't come out is that as they often plan to be
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. they can the is united's and people are willing to fight to keep it that way regular protests and clashes erupt in northern ireland over a decision the unit flashes to spend more time in a closet that's delayed for you. because international outrage and missile tests allegations as north korea takes the back less for a successful rocket launch but some experts at delta in the country opposes any military threat at all. one short of the target going to have a budget and of failing to reach the desired result greece's thirty two billion euro debt buyback scheme is nevertheless being hailed as success the country's creditors are now expected to release athens more bailout cash money that's been held hostage since summer i just put all of our picks up the story. greece has given its financial backers something of an early christmas present by buying back a chunk of its debt from them however when they take the wrapping paper off that
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gift they don't find it's a little less which they've asked for as part of a bone to buy back scheme which saw athens buy back its own problems at around thirty four percent of their original value recording to the french finance minister but that should be enough in order to see them receive the next round of bailout money that the country's been crying out for in fact they've been waiting for that cash since june the international monetary fund had expected greece to be able to get its debt situation down to one hundred and twenty four percent of overall economic output by twenty twenty now that really does not seem likely right now this is cause the i.m.f. to say well we won't be lending any more money to any countries that can't pay back their debts however there is a dangerous precedent with this in terms of greece be able to return the money of course private investors private creditors see greece well a lot of banks and
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a lot of insurance companies are already hard to take that hits and it may swell there's no way we're going to get this cash back from greece but that is subject to the i.m.f. certainly not willing to accept right now europe's now one step closer to a full fledged banking union out of the blocks finance ministers agree to place lenders and a single supervisory party of banks worth more than thirty billion euros all with a significant presence in europe and now have to answer directly to the european central bank it will have other power to shut down any outfit they hate us to be reckless lend order offenders to change their strategy critics however doubt the wisdom of empowering bankers to regulate other bankers and questions remain over how much more authority the e.c.b. will try to take. and then address. as various for britain's all of these some of them an unexpected drop in unemployment raises hopes of a recovery in
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a country predicted to be steps away from a triple dip recession. they was atomic watchdog says it's ready to inspect iran's alleged nuclear sites if it's given permission the i represented serves are heading to toronto to new talks which have been at a standstill since august and specter's hope to gain access to the parchin military base near the capital they claim other facility may have been used to develop nuclear weapons and cleaned up after wards and ickes ation yet to be backed by evidence however as maria financial reports the burden of proof is now way even heavier on iran. three decades of pride followed by three years of mourning when one syrian met her future husband a young physicist she immediately knew he'd come a long way indeed he went on to become one of iran's leading nuclear scientists and to it all ended one sunny morning in january two thousand and ten. missions that
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would result left to war and then i heard a terrible explosion and i rushed to see what happened he was lying like this. i called my school would my screwed. my ass i thought he was just scared but then i turned to him there was no face just blood in tissues he was the first victim in a gruesome trend associated with his work since two thousand and ten at least three other nuclear scientists have been murdered in iran to sing with kid gloves they were working hard so their country didn't need to beg other nations for an ohio so that we have the right to acquire is this knowledge and feel independent really means women series husband began invoking on his nuclear career it was not a life threatening occupation in. the seventy's western countries were eager to how piranha fell of its own nuclear program supplying into technology with no strings
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attached that changed when the iranian regime deed was earlier seen as inalienable right wrong came its biggest liability emboldened in its pursuit of nuclear weapons billions of dollars have been pumped into the industry before the revolution at the time of the shah why should they give up now just because western powers say so while iran's nuclear program is now a target of western political discourse there is only suspicion and no internationally recognized evidence that a country's moving towards build an atomic weapon iranian officials believe all this tension is fabricated with the same purpose to demonize them in the eyes of international community you have knife in your kitchen and some of the recent concert was called to your home and said go or no it is very dangerous maybe you want to use it to some. this is very. george king are you via
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the perceived fear is that the iranian regime can't be trusted with a nuclear capacity but even those who wanted to to change of leadership see should be non-negotiable for the country. when it. comes right here on. any. kind of drugs. are. they. want to live. our lives in. the blast that killed them and serious has been to was so strong that the clock in the living room stopped at the time of his death both the west and iran are equally failing to move forward iran has law insisted on its right to develop a peaceful nuclear program but suspicion in the well. asked has led to more and more severe sanctions the more iran resists the more the pressure builds and both sides show little sign of given up and while the west is only dangerous intentions
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people here in iran believe it's hold on to pride and prejudice original chanology from to her on. another country are cast by the international community north korea has been widely criticized over its recent successful rocket launch with the u.n. security council becoming the latest to condemn the move a promise an appropriate response as walking speculation the country may be facing further sanctions which i eagerly sought by the u.s. and some european states while north korea says it may be put to a weather satellite into space countries like japan claim it was a long way to missile test it's beyond second attempt in this here off to failure in april and expert on north korea provides a road to go frank of things sentient highly unlikely to change the country's cause a military development. sanctions or of course an appropriate means to show your political dissatisfaction but in terms of being effective they are almost useless
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in terms of north korea sanctions of that applied for decades north korea had enough time to find ways around those sanctions there are humanitarian concerns it is the allies to try to so i think sanctions are more or less the symbolical function but they will have very little actual effects on the screen if there is a rocket or missile is definitely a question of interpretation from a political perspective because technically both devices would be you saying is the difference is what the payload is you put a satellite on top of it's a rocket you put a nuclear warhead on top it's a missile base this is expected to go to the u.n. to see a resolution there already is a position on the legal expert that i know that all three if he doesn't believe that this resolution is an offer to prohibit. all of the launches for peaceful purposes trying to. i would love to do it you go through it tens and although it's hard on its neighbors this program including you to prove to us surely you see this
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if i'm steve in terms of purposes it's no snow size interest to house war because if one korea both koreas alicia this offer a lot as long as the regime is stable and all three of us say she keeps her ship there is no immediate danger of war breaking out its children on the frontline in the afghanistan war coming up hundreds of teenagers have been rounded up as part of a u.s. sponsored taliban manhunt and you it can find without full yes it's also something . the san bernardino california police force like to shrink by eighty officers this year to cover their budget deficit during a local meeting the chief of police laid out the city's problems this is facing
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waves of gang violence theft and drug trafficking but with all the prisons completely overcrowded many of these criminals go right back on to the street and there's just nobody to put more police out there to fight them the police chief really only had one solution offer a given situation go home lock your doors and load your gun and you know what actually that's not that bad of a proposition america's always been a country where people been expected to look out for themselves and i appreciate the police chiefs honesty but i know the world we live in and i have a feeling that the second some homeowner shoots a guy who jumps over his fence at night that homeowners going to go to jail for life you can't expect that a nineteenth century attitude towards crime will be able to work in a twenty first century world where rapists consume you because they slipped on your slippery kitchen floor if you want people to be able to defend themselves that's great but you have to allow them the legal lip. to do so or else the criminals will just take over but that's just my opinion.
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download the official up location cellphone choose your language stream quality and enjoy your favorites from matsushita t.v. is not required to watch on t.v. all you need is your mobile device to watch our team any time and. you know how sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur welcome to the big picture.
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you're watching r t teetering on the brink of a triple dip recession britain looks to have caught a break in the form of an unexpected drop in unemployment but the response to the news has been lukewarm some analysts warn that celebrations could be premature suggesting the statistics are being spun. for its reports. well some unexpected seasonal cheer this week with official statistics showing the u.k.'s unemployment rate has fallen by eighty thousand people between august. well the government might have been acting like christmas is coming early but the cold hard reality is that all across britain there are going to be a huge number of people right now he simply don't recognize the pictures that they statistics of painting and this one the person is back to work you need to separate out this month's figures from kind of the medium to long term direction of the economy on the right market so we're still gigs on the tail end of some pics effect
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we're not sure whether when we start to move out of a period you're going to still see this very strong employment growth particularly amongst young people take for example those on the government's work programme they have to come along to the job center as part of that program and be signed up for mandatory unpaid work experience now those people will no longer be included in the unemployment statistics that very clearly that's very far for a more ordinary people indeed these people on the program themselves would consider employed so you can see you have to be very careful with this not show these statistics giving us do you feel like the government's doing enough to help young people can see anything around me. really and how you find the on the work program a lot of young people we've spoken to have you know i haven't found it all that helpful most of. the people are looking for. an employer young person who. never would have before in their life so that's it of course is not all
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bad news there are some encouraging signs in these statistics but it's very early days and to conclude that the labor market here in the u.k. is back to full health would not only be foolhardy it would be dangerous to you in fact predictions saying that in. twenty thirteen we could see youth unemployment told that one million mark could again now that could happen needs long term implications for the young labor market here in the united kingdom and right now put things on the precipice of venturing to put it where session and save the millions who work all across the twenty thirty is looking set to be very far from a happy new. survey say london. has also seen discontent in northern ireland scores of lawyers protesters once again took to the streets of the capital belfast they were reacting to officials who decided to
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reduce the number of days the union flag flies abel city hall though this rally went off peacefully in recent days or so vicious clashes with police and numerous arrests but make fealty a blog on northern irish politics as the country's upper type of protest isn't as strong as it is used to be. at the moment we're not seeing anything like the scale of violence that we had before the peace process began and i think it is important disturbing. this violence isn't a stunning to me because it has a very strong political roots much more subtle than some of the older disturbances we've seen over the last few years in the sense that was causing the forward. disaffection between the two parties at stormont the two people were actually finally response for. government in northern ireland but you know it's nothing all the troubles caused for three thousand seven hundred people
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or over twenty five year period. hundreds of afghan teens some as young as thirteen have been held in the u.s. prison for years it's emerged designated enemy combatants the boys are certain have been taken then held without charge to prevent them from taking part in the insurgency out is an associate your reports. over the last several years what has been going on is over two hundred teenagers that were captured or detained as a result of the fight against the taliban and al qaeda in afghanistan and held at a u.s. military prison. airbase. the shocking numbers here are that the age of these people was on average sixteen years old a lot of them were a lot younger we're talking about twelve thirteen fourteen year old kids held for an average of a year and curiously in many of these cases we're talking about brothers here who are sitting at home and just captured and detained and taken into this military
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prison because there are suspected of being competence and in many cases it's important to underline here that these teenagers were not wearing military uniforms they were not participating in combat they were just suspected of being enemy combatants and they were taken to. the u.s. says it's a preventative measure we need to do i do everything we can to make sure these suspected enemy combatants don't return into the battlefield and cause they're not charged with any crime whatsoever there's no mandatory rule that they need to be provided with legal assistance they're saying that these afghan teenagers were allowed for example to participate in open hearings and defend themselves afghan teenagers defending themselves we have to say that most of the many of them have been released or transferred to the afghan government at this point but many do remain as well. in the world and lines angry protests have broken out across you know after the acquittal of thirteen people and a high profile sex slavery case in the capital of when the demonstrators from
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a government buildings they demanded the resignation of the judges who delivered the very top politicians including the country's president supported the protesters who were accused of kidnapping a young. into prostitution. the u.n. will have you. we'll have centers a former bosnian serb intelligence shiva's that i've called dollar meter to life in prison who was convicted of genocide over the killing of over eight thousand muslims in the massacre during the bosnian war of the one nine hundred ninety s. telomere was the right hand man of the army commander rather large it is also on trial he joins over fifty serbs jailed by the hague court. coming up it's lauren lyster with capital account after a short break. you
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can tell an ordinary russian siberian in the blink of an eye wrote one nine hundred sentry anthropologist and those days siberians were different clothes different food. different animals. but what about. my journey began in two men but the big city was all shiny skyscrapers and shopping malls much like any other prosperous russian. so i decided to travel to. a small town just outside. dumplings came from here to dominate the russian cuisine but only in siberia. with cabbage and jam making sure you can have as a starter main dish. although
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it may draw. most people in siberia see nothing wrong with hunting only if you decide to participate. when you look upon martin. as in the middle of a swamp only accessible by air transport. and. it's inhabited by siberian a large muslim minority that migrated head before the russians. and this. israel siberia. maybe not the stuff bro shows but distinctive enough to show that the yes' side is still.
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good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for one day december twelfth two thousand and twelve it's bad interest rate decision day and the fed announced it will expand its bond buying program with forty five billion dollars a month and longer term treasury securities as expected after the conclusion of operation twist at the end of this year speaking of twist though the fed also announced it's now timing interest rate guidance to economic guide posts in these currency wars who's winning who's losing what's the collateral damage the man who wrote the book on it jim rickards is here to discuss plus does deed value in the dollar fuel exports or does innovation and investment do that well if you think it's the latter unfortunately u.s. corporations cut an estimated one hundred seventy five billion dollars in investment from two thousand and nine to two thousand and eleven according to s. and p. which calls this un says dana will have reported by the wall street journal will talk about that and our interview with m.m.t.
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economist stephanie calton yesterday spurred so many responses six hundred so far it's been less than twenty four hours it is to get in so much just gushing we'll talk about it in loose change let's get to today's capital account. ok so today the fed announced it's expanding its bond buying which by now has become a bit of a youn to be quite honest it was expected which is alarming that q.e. infinity has become just that and has become the norm perhaps a little more earth shattering in fed world is that the fed's change from the fed change from time interest rate guidance to a date to saying this the fed currently anticipates that the exceptionally low range for the federal funds rate will be appropriate at least as long as the
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unemployment rate remains above six percent and inflation between one and two years ahead is projected to be no more than a half percentage point above the committee's two percent longer run goal a fancy way for saying to two and a half or cent and longer term inflation expectations continue to be well anchored so they're tying the guidance now to economic data so that's a big shift a big change to talk about what all of this means especially in the context of remember global currency wars which he has been talking about for so much longer way before it became in fashion to do so jim rickards is here author of tangent capital partners or excuse me capital partners author of currency wars the book you see there and really the man to talk about the fed with on a day like today so jim rickards thanks so much for being here thank you are great to be here yet so let's just talk about this fed decision today because the fed now operation twist ending operation twist didn't change the balance sheet in terms of the size it just changed the composition right now they're saying they're just going out right by forty five below.
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