the venezuelan supreme court rules delaying his inauguration is legal support in the government in the fight for stability in the latin american states. the president of the european council haven't been run pointless as ireland as it takes up the rotating presidency alexei reza question whether believe that a country will live up to the task of pulling the plug out of the financial crisis . and packs of wolves are closing in on residential areas in russia's republic. forcing of origin is to declare war on the deadly predators.

as of five pm here in moscow you live with us on r.t. it's good to have you with us the postponement sabino operation date for venezuelan president hugo chavez is illegal according to the country's supreme court meanwhile the country's president has called people together in front of the presidential palace to honor the ailing leader who said to be recovering from cancer surgery in cuba. just says the presidents are protected absence could still destabilize the country. article two thirty one of the venezuelan constitution does leave open to interpretation the issue of inauguration when the elected president cannot meet the date of january tenth before the national assembly which is the parliament what the article specifically says in a second clause is that in the case of unforeseen circumstances then the president

elect will be sworn in before the supreme court but it doesn't give a date for that there's another article in the constitution as well under which president chavez was authorized to leave the country for more than five days back in early december in order to undergo surgery and that article allows him to be absent from the country for it ninety days which can be renewed for another ninety days the issue is whether or not he's now incurring those first ninety days or is he under just the initial authorization now it's really way it is going to be determined sooner as well because it's there's no question that the president has now been out of the country for more than a month he's been absent from the spotlight there's not really a crisis at this time the opposition is trying to say there is a crisis and there is no doubt they're calling for national strikes all kinds of protests as there are already asking for the organization of american states and the united states to intervene that's going to be ongoing and yes the longer that

chavez is away the more time that will give them to prepare and to further progress with plans to the stabilize his government and try to create some situation where new elections can be convened european leaders have voiced his support for a deal designed to reduce ireland's a banking debt the news comes as the president of the european council headman ben rand paul helped top level talks in dublin after the country took over the e.u. rotating presidency and some experts believe the island must get their own house in order before taking up the challenge of pulling the european union out of the financial ditch. island has its own economic problems which are continuing it course has the economic problems which have been happening ever since the the euro which created high inflation there and then of course exacerbated the faster they had ready to take on the presidency of the european council is of course a very large piece of work not just for the senior politicians in the government but also for many of the civil servants and they would be better off spending their

time really trying to address arlen's economic difficulties rather than trying to solve the problems within the european union which are very great indeed of course unemployment now in the e.u. is alarmingly high and of course the thing is that arlen when he says island is the reason that ireland's a poster boy for austerity means that the irish people are not protesting and taking up their white to protest as people in spain and greece have done because we know that austerity at this time can't actually work last year in the euro in the single currency it will create more economic problems and that's why we see unemployment across the eurozone rising quite alarmingly so he's very happy that arlen is getting on with the e.u. policy of austerity but actually it's actually the wrong policy this time. the i.m.f. stop economist livia blanchett admits he was wrong about early i'll start before cos admitting failure to see the grave consequences was the financial measures

brought on weak a u. country such as greece and i.m.f. working paper says the fund significantly underestimated any potential increase in unemployment marco politi a london based financial adviser and wealth manager says regardless of the latest statements other people will end up painful governments mistakes the reality is of course that in most places western governments which includes most of the southern european countries the level of state involvement in the economy has grown substantially over the last few years and what happens is of course that any significant austerity measures will have a massive impact on all on the economy what is being is debt accumulation that's the same in the us and most of most of your memory is continuing massive accumulation of sovereign debt. for some part this

was. through the european central bank through the germans and the european community but the european community austerity measures all european peripheral countries of course it's not the people's follow the government has overspent it's not the people's fault but the banking system has failed and needed to be but it's the people who have to deal with the debt through higher taxation and. enjoy these these massive austerity measures. as the konami crisis continues to rage on regulators are coming under fire for making banks lives easier rather than the people's and it appears the wider public knows little of the how and where the

big decisions about the global financial future being made as artie's put all of our reports. have you ever heard the wall about the bank is the billions and bars all chances are you probably haven't but six times a year central bank heads from the u.s. europe asia and everywhere in between representing around three quarters of global economic output gather in the swiss city to talk shop behind closed doors i personally also don't like these secretive meetings because. you never know what in effect. is discussed in these meetings it's something that has a tradition that's put there play i mean bankers have always talked to each other in a more secretive way the whole business of banking is not really built on transparency but rather on trust and confidentiality the continuing global financial crisis has seen the banking sector firmly in the spotlight with more than

a few accusing fingers pointed in the direction of bankers it's the job of the secretive bars all committee to set regulations on banks the chairman of the group says he wants the public to be better informed about the work they do it's not that many years ago since this was basically a group of central banks it's expanded its membership considerably and in the process of that the whole governance arrangements of have changed as well and i think this is an attempt to explain to you in the world in general what those changes amount to and whether critics of the group are scathing in their criticism of what they see as an old boys' club looking out for the needs of banking bosses as opposed to keeping the industry in line bezel three has failed to meet any objective any you know a faint hope of reigning in banks this this is what we talk about today the banks does have to be reined in because the banking system in itself as a general rule has left its you know bottom sense despite mervyn king saying that

he wants. people to better understand what the basel committee actually do the very nature of the banking industry and its need for a certain level of secrecy means that the big decisions that will affect people all over the world will continue to be made by a small group of people in that building just behind me peter all of a r.t. basel switzerland. on the way the eleven years of indefinite detention we do stuff for the ramifications of washington's decision to keep the notorious guantanamo bay military prison open despite brock obama's long running. healing of the rifts as rival palestinian groups hamas and fatah trying to overcome their differences we look into how israel's occupation policies may have brought the factions closer together all that after the break.

the news a good laboratory to mccurry was able to build a new most sophisticated. fortunately doesn't give a darn about anything change mission to teach music creation why it should care about human to. dish is why you should care only. your own borders and beyond the courts eleven years on guantanamo remains open for business r.t. looks at the interrogation nerve center of america's war on terror.

i. you're watching our human rights groups are calling on the u.s. president to deliver on his promise made more than four years ago and shut down the notorious guantanamo bay detention facility but barack obama recently authorized the military to keep holding terror suspects there without charge or trial as give more remains in business eleven years since it was opened activists i sherman years says the u.s. is trying to evade international law while some countries turn a blind eye. kuantan i'm a bay off for eleven years has got immense symbolic power and all the things it

represents to human rights campaigners people who believe in truth justice and the rule of law it represents injustice before the americans it gives them a raise and it gives them a system within which an extra legal system within which they can continue their. illegal detention arbitrary detention torture drone attacks all the other bits of the postle that we've seen over the past eleven years from the american administration so the united states which has signed torture conventions has signed the geneva conventions but is trying to work outside of them by calling torture enhanced interrogation and by calling their prisoners of war enemy combatants is trying to create a completely new structure which in some part it has succeeded in doing over the past eleven years simply because almost the rest of the world the so-called international community is quite happy to play along but that doesn't mean that the united states or anybody else is above the law it's not just washington's problem it's a problem of the international community is the problem of the countries that facilitated

the journeys and the travel of these men to guantanamo bay in the first place when everybody was in afghanistan or pakistan or fighting the americans at all the united states doesn't seem to have a very credible position but unfortunately it's not just united states that has failed on this issue it's the whole international community through their collusion in continuing to keep guantanamo bay open. will bring you more coverage of the eleventh anniversary of guantanamo bay on air and on our website at r.t. to. your borders and beyond the courts eleven years on guantanamo remains open for business our to look at the interrogation nerve center of america's war on terror. the future of afghanistan is up for discussion as the country's leader prepares to meet top american officials in washington later on thursday. size talks with u.s.

defense and state secretaries as well as his one on one summit with president barack obama could provide answers to a wide range of crucial issues including the number of american troops are to remain in afghanistan after the majority pullout in twenty fourteen and their possible role washington hasn't finalize its decision on the matter and doesn't rule out a complete withdrawal that scenario is unwelcome by the afghan government and its position is increasingly fragile amid a strengthening taliban insurgency patricia digital politics professor from new york university says it's in no one's interest for the u.s. forces to leave right away. there's a lot of talk about not leaving any troops there at all however i don't think the us can afford that neither can the region because there are still quite a bit violence going on there so i think the president will probably leave some troops there at first i'm tied but i would assume that president karzai is going to

want that out because it gives him more. or it makes him look more powerful on the negotiating table and within the context of his own constituency however you also need some protection so it will be a little bit of a catch twenty two situation for that and i think it probably helps to achieve a few things one is continued military support for the afghan troops so they can maintain their own military and army if you well and the second is can only continue to. add monetary support and some development efforts there. now this man that may not have the most come bench no looks for government but he's going to make a mockery in politics find out mall online on our website. also add to our team dot com colognes most famous soccer textural and that is literally

on shaky ground to discover what's causing the amazon to the world renowned cathedral in the heart of june. your language. because we can't without you for the materials that i think feel some of the. treatments that the consensus can.

choose to opinions that immigrate to. choose the stories that impact your life choose the access to. secret laboratory to mccurdy was able to build the needs most sophisticated robots which on fortunately doesn't give a darn about anything turns mission to teach creation why it should care about humans in greece which is why you should care watch only on the. rival palestinian groups fatah and hamas trying to bridge the divide the leaders of both parties met in cairo on wednesday to discuss implementing

a unity agreement son two years ago the recent easing of tension has already brought good results for one family in gaza previously to one upon by political strife and does up oil cia reports they may have a stray policies defect. you know it's been five long years since this family was together one thousand eight hundred days since i'm in a muslim last saw her son his crime belonging to a group the gaza government was opposed to except this time it wasn't the israelis who forced him into exile but hamas and other bronzer i left my family and house in gaza and headed for the west bank but it was only after the negotiations began that seventeen of us were given approval to go back home. it was back in two thousand and seven in a surprise coup that he must took control of gaza from wyvil faction group fatah one hundred sixty one people were killed and more than seven hundred injured when the dust settled the palestinian people were divided

a mass was in charge in gaza fatah called the shots in the west bank hundreds fled their homes from both in fear of their lives like other fatah supporters from gaza mohammed took with future in the west bank waiting for the day we conciliation would come. all denied i prayed to god to protect my son more harm and i prayed for his safety and asked god to bring him back home safe and now for the first time reconsideration between the two sides looks promising each feels boosted by recent successes and is more willing to compromise her muscles capitalizing on the recent conflict with israel despite the heavy cost after his claiming victory after president mahmoud abbas successfully upgraded palestinian status at the united nations as her musson fattah moved closer together the irony is that they getting help from israeli prime minister benjamin netanyahu in his right wing policies and rhetoric are winning the palestinian support and sympathy on the international stage it was on that one young who's watching that as the recent united nations

palestinian statehood bid demonstrated european unfailing support for israel has floundered it was also an attorney on whose watch that u.s. is revelations reached their lowest ebb and now it's on his watch again that palestinian unity seems plausible. for her it's a long term interest of of for us to think of as a cooperate again because otherwise they're running the risk that the west bank will be and probably part of the same political structure which defacto right now is the case leaders from both sides have a new day course for the conciliation if you left with an yone thinks that of course. between hamas and catastrophe it's proof for that doesn't mean peace etc etc but for this family nothing can detract from the feeling of gratitude enjoy of a father and son coming home a tears and smiles it could a hope that a new chapter is also about to open in gaza political life police here r.t.

on the israel gaza border. some other world news in brief and in the israeli police are treating a car bombing in central tel aviv as a criminal not a terrorist act several people were injured when the blast went off near a bus station learned not far from the israeli defense ministry headquarters of origin is believed the attack was an attempt to assassinate a local crime ring leader of political violence says also not been ruled out as the incident comes less than two weeks before the parliamentary election. three female critters in venice activists have been found dead of from gunshot wounds in paris one of the victims was the co-founder of the latest on the workers' party known as the take a lie in an armed struggle for separation from turkey forty thousand people have so far been killed in the twenty five year battle for independence ankara has recently

begun talking with the party's jailed leader to try and persuade the organization to disarm. in baghdad at least of five people have been killed and fifteen wounded in a car bomb blast at a busy bus stop the attack happened during the morning rush hour one explosion occurred in the mainly shia district of the iraqi capital the bloodshed comes amid growing discontent among iraq's sunni population over alleged discrimination by the shia led government. russia's republic of yet u.t.r. has declared a war on the walls scores of the predators are reported to be closing in on several residential areas in the region posing a serious threat to life stock and earlier are taught to explain to my colleague marina joshie why the region is currently in a state of emergency but is a very serious situation. here is a vast territory with

a very low payment population but a lot of the people who live there rely. on reindeer for their livelihood and on the horses they used to travel with those herds of reindeer and those reindeer what the wolves are desperately trying to get to driven there by hunger because they are normal foodstuffs are like hares and rabbits are a lot more scarce this year so these some of these pictures show this is a wolf in a zoo but some of these other pictures show wolves in the wild in siberia usually they would stay well away from these reindeer herds but they're being driven there by hunger it killed sixteen thousand reindeer last year that's simply too much the numbers of wolves have reached three thousand five hundred new kuti now and the president of the republic says that's too much that the attrition rate as it were on the reindeer has reached it now too expensive they're losing too many reindeer and that's become a serious problem sure it does sound like

a serious problem and like you said it probably happens because there is an imbalance of other animals in the forest and that's why the wolves are driven out of the forest and exactly closer to the people so what is the solution to the problem under the circumstances is there any and all solution is as you might probably think relatively simple just step up the hunting of the wolves a sort of a natural cole as it were of these planned cull of the of these wolves so that the president of the public has really really gone for that and said rewards will be offered hunters six figure awards for the top three hunters the aim is to kill three thousand of the three thousand five hundred wolves. in the next three months starting in a in a few days time and that hopefully will bring the numbers down to what experts say is a should be the natural level about five hundred wolves or not three thousand five . right there's a lot of top stories at this hour i'll be back with the more news in half an hour

on the way our regular financial check up with laurie lister now washington studios . please be told language. programs in documentaries in arabic it's all here on our team reporting from the world talks about six of the ip interviews intriguing stories for you here. in troy the arabic to find out more visit arabic don't all t.v. dot com.

good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are headlines birth thursday january third two thousand and twelve economist nouriel roubini known as dr doom predicts it won't be long before there's another crisis in the west two months and back to seeing as this is when congress must deal with the debt ceiling and those seaquest gratian spending cuts this shouldn't come as a major revelation so in the meantime from tax hikes to trillion dollar point ideas edward harrison is here to discuss what is likely to be the fallout from what he calls the fiscal cliff less and les miserables it is a hollywood blockbuster meant to show off a list actor singing chops or is it actually a valuable lesson in the economic misadventures of stated them very relevant today while jeffrey tucker argues the latter will hear why business week's cover feature is babies crying on capitol hill but what about a study that finds babies born during recessions are more likely to be delinquent

teens no word on what happens if they get elected to office we'll have more in loose change plus we'll talk sped minutes an inflationary dragons' let's get to today's capital account. nouriel roubini has an op ed in the financial times today saying the deal reached in washington on new year's day kept the u.s. from falling off the you know what however given the dysfunctional nature of the american political system it won't be long before there is another crisis two months in fact while that's not exactly rocket science given that we all know in two months the new congress will be faced with raising the debt ceiling and dealing with the secret duration spending cuts that the last congress put off in this new

years deal what doesn't define space and time though are seemingly free the ideas being discussed about padding the treasury's pockets was a trillion dollar platinum coin or two couple of fantastical with the reality of tax hikes that were passed so when a few nuggets from the fed minutes which are out today and we have liftoff now make no mistake the lawmakers on capitol hill may be the babies but we want to know if we're going to be the ones left crying ever harrison is here to tell us who's founder of credit write downs and i'm so happy on the show thanks for being here happy new year to you let's talk about what you do the fiscal cliff let which i like that's cute it's a miniature fiscal cliff you say it was an inverted there is a little bit of a mini crisis so what do you think is going to be the impact of these tax hikes that were passed on the richest americans those making more than four hundred thousand dollars a year in income and also of course all americans who don't have a payroll tax holiday anymore that's over what's going to be the macro and.