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tv   [untitled]    February 17, 2013 3:30am-4:00am EST

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wealthy british soil. like. the. market why not. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into carnage a report on.
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this is about iran announced this week that it may allow inspectors from the u.n. nuclear watchdog into the persian military base they visit is scheduled for wednesday the facility suspected of housing the country's alleged nuclear weapon development program something strongly denied by to run but the move is unlikely to stop the avalanche off international sanctions which will see end up hitting ordinary iranians the most as maria for national reports. behind the smile lies pain and despair a vast and they run in with blood a cancer has just received his medicine but there is no guarantee he'll get it tomorrow the best jokes about patients being patient but sadly has no choice.
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it's so hard to get treatment these days it's not that i don't get any at all but you have to wait a long time and if you get it that only means someone else has missed. the reason for the drug shortage sanctions imposed by western countries in the republic they're not directly targeting the pharmaceutical or medical sectors but they hate banks and paste trade restrictions but. unfortunately many foreign companies stop selling us drugs they're not allowed to have creme brulee with a room and people predict price with their lives. iran's officials warn it may have an impact far beyond its borders. if we have a disease of the demick and are unable to vaccinate the population it could spread easily to neighboring countries and the third to many even outside iraq. iran
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produces ninety six percent of its own medicine but the roma to rose for half of them come from abroad more than fifty vital medicines have disappeared from the running around the city international sanctions came in because the foreign in brilliancy a made from can no longer make their way into iran people with cancer and him ophelia wait often ended with bad news but the drug is not available the chances of survival are getting ever slimmer as sanctions heat patients instead of politicians officials estimate a total of six million iranian patients could be in danger because of the drug deficit in the van by local and international media reported on the first death apparently caused by the shortage a fifteen year old boy who suffers from him ophelia couldn't get the medicine he desperately needed despite a frantic search by his family and he died in hospital on.
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the west apply in new strategy now they tried sanctions on the military sector they realized we actually started making progress there but they wanted to weaken destabilize the country and the government is their aim this is why they now target people so that people get angry. and take to the streets protesting i think. and people indeed take to the streets this is a meeting of organ donors and some whose lives have been saved by transplant a process now complicated by the likes of medicine. i think guard and the donor who return me to life i had heart problems and now his heart beats in my chest and i am again why but the problem is that many too many are still waiting surgery became extremely expensive and the number of donors decreased will they have enough time. iranian doctors find themselves facing a very hard to to ration having to decide who will get the medicine and who will
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not in desperation they wrote an s.o.s. letter to the un chief they're still waiting for an answer griffin ocean r.t. from iran. and there are people are heading to the ballot box to cast their votes in the presidential election poll suggests incumbent rafael correa will be reelected with up to sixty percent of the vote and the fate of whistleblower julian assange will still hold up in the ecuadorian embassy in london hangs on the election outcome and then reports. as voters have to prove their president rafael correa looks set to win a third term in office according to the latest who's the left wing economist the heart of the seven other presidential candidates with approximately sixty percent of people backing the incumbent his closest challenger is the right wing with twenty percent after promising lower taxes for job creating companies one person who is especially interested in the outcome of sunday's elections is julian assange
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the founder of wiki leaks whose fate in some way depends on the results last year after there was involved in the center of been the international dispute allow the whistleblower to take refuge in its embassy in london where he had fled to avoid being sent to sweden for question over accusations of sexual assault fearing that upon his sweden he could immediately be sent to the united states where he says he made face the death penalty request political asylum or although seiler was granted the wiki leaks founder still remains at the embassy as the u.k. refused to allow him to leave the country after his earlier in two thousand and twelve korea featured t.v. show the world tomorrow r.t. in the interview to emerge that the two men had something in common both songe and korea had on the washington. is really a pleasure to meet you julian least in this way and. to the club of the persecuted
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. thank you. park outrage in d.c. after releasing thousands of classified u.s. diplomatic cables and footage of american pilots ruthlessly killing journalists in iraq while back in two thousand and eleven accused washington of meddling with only fares and expelled the u.s. ambassador after citing a wiki leaks cable as a proof of the country's police have been infiltrated after saans lost his last legal battle against the tradition to sweden it did not came as a surprise. to apply for asylum and that is why in this election one of ruffo korea's strongest supporters he's an australian whistleblower seething with a london embassy. a scandal has erupted in israel after the country's government was forced to acknowledge that the death of a prisoner linked to israel's a secret service it mission fall is a report in australian media which revealed
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a melbourne man and himself in prison in twenty ten the man was reportedly held in such secrecy not even through prison guards knew his name as reported that the so-called prison x. was involved in israeli espionage in neighboring countries the story had been originally housetop in the in the israeli media with the order reportedly coming from the top columnist and senior correspondent for israel's harat newspaper and says the entire situation is a source of embarrassment for the country. on one level it's an espionage story and mystery regarding the foreign intelligence service mossad and the tragic. circumstances under which one of its operatives apparently found his death on another level it's government versus press story and the press here has been struggling against various government agencies and gradually has
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been able to leave at least some of the secrecy surrounding this story even though the israeli press is far from being lazy for the last two years it has waited passively for someone abroad in this case australia to break the story. now for some international news in brief a car bomb through a popular vote in the somali capital mogadishu leaving one soldier day and three people will also injured in the blast would deserve say the device was that all four by remote control authorities blamed terrorist with the attack but new group has claimed responsibility. at least seventy nine people have been killed and one hundred eighty injured in a marketplace bombing in southwestern pakistan police say they don't know how many victims could still be trapped under the rubble in a band a sunni militant group has claimed responsibility for the attack this comes five
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weeks after another huge blast in a snoop the whole killed more than one thousand people in the same day. the chief of a major economic and diplomatic organization has been in talks with president putin about russia's potential membership coming up uncle gloria speaks to our tears and that. are about currency wars the robin hood tax and russia's future in the o.e.c.d. . i never knew adam lanza in person but i was in the same high school as adam he was
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younger than me just a bit younger. i always thought he was different i always into something funny he rarely talks and you know he was a shy kid. i don't know anyone who was friends with him i also don't know of anyone who's particularly mean to know what i do know is that it was very clear that this person was not like everybody else. can imagine the level of mental illness that would be present to murder children. america's you know so when you go on this there would be an american bond every tree with a gun. i think for kids growing up in this environment is good for them at an early age to least see the gun and respected because they need to know what kind of damage it can do. this is our first task as
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a society. keeping our children safe. this is how we will be judged. do we speak your language i mean some of the law and out of the. news programs and documentaries and spanish what matters to you breaking news a little tonight if i. stories. visit. reviving global economic growth is one of the priorities for the g twenty summit that will take place here in russia. but the key to achieving that is setting the
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right policies to discuss what these policies should be i'm joined by on him. the head of the organization for economic cooperation and development thank you so much for joining me sir during this visit to moscow you had a chance to meet with russia's president vladimir putin was rush's bid to join the always discussed was almost the only topic because we did not have time to discuss too many more we discuss the g. twenty also the accession of russia into the o.e.c.d. is for us of a game changer and it's going to be very important russia is a very large economy it's a very important presence in the world of energy it's a very important presence in all these international fora accent and so we really are very interested very excited about the bus ability of having as a member and i think russia can benefit also from being in an institution that is
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not about lending money is not about giving grants it's not about fixing economies that are not broken it's about policy discussions about what are the best possible policies and therefore what can be the best practices. that russia can adopt we're not going to tell russia what to do with russia we're going to tell the russians what all other countries in the world are doing about the same problem of health care the same problem of education the same problem with innovation the same problem with research and development the same problem with the tax structures the same problem with the deficit whatever you just mentioned taxation and that's definitely one of the big issues that you're working on in particular with this. yes. trying to work with this scheme that many companies use to avoid paying taxes and these are big companies
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we're talking about including google and you know a number of others. what the on amazon of course and starbucks and so on these are big names but there are plenty of companies i don't want to refer to any company in particular because there are thousands we created the set of rules that are being used legally by these companies to avoid paying taxes ok now we have had a big war against tax havens about excessive bank secrecy about the secret accounts by people not divulging the names those are to hide away from the taxpayers so that was in a way an easier war because we were fighting evil guy lity ok right now we are trying to combat a legal practice but that is giving absolutely the wrong results
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why because we wanted to avoid double taxation now we have created double nontoxic asian. and what is happening is that the balance between the multinationals and the states in terms of the states the governments receiving a certain amount of resources that they need to discharge their duties towards the most vulnerable mainly is not happening and in times of tight budgets who is who is getting the brunt of increases in taxes. the middle class the small and medium enterprises that cannot go away and push their profits to the low taxation jurisdictions this is exactly what is happening it is very unfair but also it is politically very dangerous it's not going to be possible for too long as
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you mentioned you were in this war is difficult because you're fighting a practice that is technically illegal in the what are the tools and the weapons to fight the war we have to change the regulations and the laws that we have created over so many years to try to avoid the so-called double taxation and that has produced this nontoxic and it also requires typically a g. twenty type of effort like we did with the tax even cindy tax avoidance schemes what is it about it's about everybody having a legislation that is conducive to words demanding that companies pay more taxes based on the wealth that they produce in each one of these countries the question of sourcing taxation from the place where wealth is generated is an internationally accepted principle that is now being betrayed by these practices
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that we are talking about but it requires that everybody does it because if not you're just going to go to the next country that has not changed its codes yet or to the other country that has not changed its culture and to ask for the corporation through the g twenty. of all the countries in the world live we're asking them on the question of exchange of ducks information of one hundred twenty countries are helping to generate tax information exchange and there is nowhere to hide anymore well that is the kind of cooperation that we would like to see and we would like russia to be the champion of this effort we're doing it out we're launching it out of moscow we're launching it in the finance ministers meetings in moscow and we're going to take it all the way to st petersburg with a plan of action that could be supported by the political clout of the leaders so
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you think that's one of the issues that's going to be on the g. twenty in janda i certainly think so it is already in the agenda the question of whether the leaders keep it in the agenda it's their prerogative but that's one of the things that we talked about with president putin yesterday or the other thing that's widely discussed of course is certainly in europe is the so-called tax on the financial transactions that is very controversial for a very simple reason only a few countries will adopt it. and it if it's not adopted by all the countries in the world at least all the countries that do a very important volume of international financial transactions then it can very easily move to the next country and the other problem is what do you want the resources for do you want to to. recover part of the losses incurred by the systems or you wanted to create a fund to be able to face any future crisis you want to just for general purposes
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for the treasury to you know is it just one more tax in order to generate more revenue perhaps there are other ways of imposing taxes including by the way more effective tax collection base growth rather than rate growth or more taxes on the books so this is controversial and it's not something which is going to be adopted many of the emerging economies are not going to use it. the united states is not going to use it very probably u.k. is not going to use it so it's mostly it seems like a continental european issue. the euro perhaps we'll see we'll see in the near future ok so it does sound like you're not a big fan of this idea i think that you should call a spade a spade i think if you need more tax revenue which is an absolutely legitimate of ject in times of stress then would you should do is first of all close the
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loopholes eliminate all those privileges all those parag actives all those exceptions all those exceptions that are legally in the books today fight tax evasion. like we're doing through the tax forum then tried to close the loopholes it with the multinationals tried to tax more of the activity that takes place in your own territory lower the taxes on labor so that it's cheaper to create an additional new job perhaps even lower the taxes on the regular companies the companies inside that are isolated by the by the borders of the country are having to pay the twenty five the twenty eight to thirty percent tax revenue the tax rate because they don't have anywhere to park their profits that is low taxation you know so in a way it's very unfair for them to do that also and then. tax
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emissions make it make your tax system greener ok tax property tax. real estate their lives distortive and more socially progressive than it is to for example give subsidies for the consumption or the production of fossil fuels today some of the things you mentioned are really troubling you know the efforts to try and to boost the competitiveness of the real economy and what we're seeing now is this growing divide between the health of the financial sector and the the dire situation in the real economy where we are seeing that a lot of the times when things are really bad the stock market keeps growing you know and there's that you know i think i think it's a false dilemma now i think it's a me rush be careful attention i'd say if you only focus on the financial system.
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then you will have a problem with as you call the real economy but don't only focus on the real economy because of your own fix the financial system then you will have like a one month that has only one leg and the other one is a wooden leg that is trailing behind you would need to work on both one last question is of course something i have to ask everybody is talking about the currency wars everyone is doing at the central banks all over the world are trying to consolidate their currency rates to meet their economies more competitive and that in a way is is natural there are no currency wars today we are far far further away today from the currency war than we were two or three years ago when these french phrase was coined ok what we have today is a number of countries exploring ways in which they can improve the growth prospects
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and improve the job creation ok not necessarily manipulating the currency to gain competitiveness at the expense of the next person it is in everybody's interest that the united states recover their dynamism it's going to create growth and jobs everywhere in the world it is in everybody's interest that europe recovers dynamism therefore if you have tight fiscal policy because you already have very high levels of debt and very high levels of deficit then have the monetary policy loose so that that's going to help in stimulating some investment and some consumption then in the case of japan japan has been flirting with deflation negative growth negative prices for more than ten years we want them to be off that danger. some of us would like to see
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a little bit more inflation this is them rather than the danger of deflation that not only about japan but about. everybody else ok so what we should what we are seeing is that these large economies are looking for ways in which to stimulate growth that is no longer based on more is spending because they cannot afford more spending so i say yes continue exploring those possibilities and go structural go for the innovation did you creation and a competition and go for the flexibility in the labor markets and in the product markets and go for a tax structure that is more business friendly and more job friendly but do not say that there is a currency war because the countries are using their instruments and the little room that they have left in order to grow more this is in the best interest of everybody this is what we're trying to do in the whole of the world this is what the g. twenty is about to get the world back on a growth path thank you very much thank you.
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sigrid laboratory here in the kirby was able to build a new its most sophisticated robot which all unfortunately doesn't give a darn amount anything tim's mission to teach me the creation of life should care about humans and worry that this is why you should care only on the dot com. my juggling job. do hack work and get caught when
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lobbyists money and lawmakers are combined together that's where the problem of corruption comes from. i don't the document's. keep up a smart look. there is also. another well behind that which is how to influence things situations steer clear of provocations don't answer any question. came into the office and found banners hanging around the office and lots of strange faces around so i said what's what's happening will somebody please tell me what's going on and they said oh we've come to occupy your building. possibly they wanted a confrontation possibly they wanted me to ring up the police and have the police come in through the mount but it didn't seem to be a good idea to. learn the european way with brussels business. in the uk or see
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it's one person one fault but in brussels business it's one euro one fault. base is based on. you know care read. play. music. concert the show to come to sing we just saw the studio upgrade like a modest system to the tune of eight which is basically dividing the united states of the soul of the classic teams from the rich it's looks like someone coming to stop the bloodshed on this one tom stoppard thing coming coming is there a concept of the steam pasts. the look.
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news today violence is once again flared up the families are the images the world has been seeing from the streets of canada. china operation today. the luck. of the a mission to free a critic a should be free. for charges free. range amongst the free risk free studio time priests the old free blog counseling video for your media projects a free media dog r t dot com.

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