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tv   [untitled]    March 20, 2013 10:00am-10:30am EDT

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cyprus's springs an e.u. bailout deal that would have cut into ordinary depositors' savings forcing the government to look to moscow for a lifeline against bankruptcy. broke obama arrives in israel for the first time as you as president but may struggle to close the growing gap between the country's middle east policies. u.s. military officials admit the guantanamo hunger strike has almost doubled in the detainees are being force fed on human rights groups demanded more openness from the detention camp. and iraqi terrorist group with links to al qaida claimed responsibility for bombings that killed dozens in baghdad for the unsettling the country ten years on believe u.s. led invasion.
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in six pm here in moscow you are with us on our g m to bum would say with the international news and analysis. scenes of relief and celebration greeted the sign preserve parliament's rejection of a tax on bank deposits the one of levy linked to and the e.u. bailout deal would have seen millions of account holders lose up to the time of their savings and had been condemned by officials in the public alike but the country now finds itself on the brink of bankruptcy and having rejected the ease terms it may have to turn to russia for systems you go he's going to fix up the story. sampras is in a very difficult position right now so this is just rejected the bailout plan by brussels and the troika off key investors to tax private bank accounts in cyprus and frankly there aren't that many places to turn to right now for assistance to cypriot finance minister is in moscow he's met with his russian counterpart and
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he's said that he's satisfied little negotiations but at the same time added i don't want to show off or has been made so for a little very strict elation that cyprus is going to ask russia for a loan but we do know that the country already holds moscow two and a half billion year old this is for another loan which was given to the currency back in two thousand and eleven back then it exceeded ten percent of its g.d.p. and helped its economy stay afloat so the big question now is is cyprus going for broke is it going to ask russia for a complete bailout package but the big picture is angle in merkel is completely furious with cyprus even talking to moscow about this even though it's widely acknowledged that up to thirty percent of deposits on the sites bank accounts belong to russian businesses. banks or outside press remain shut to to prevent panicking investors rushing to withdraw their savings across the pond and tessa cilia ripples from the capital on the situation facing people of the. as far as
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what goes on the street at the moment it's rather calm the initial panic really happened over the weekend when that announcement was made from brussels that they will be tax of people who are marching up. in front of a.t.m.'s trying to get their money out and yesterday i was talking to some locals who were trying to get some money out to be a.t.m. some had run out of cash and this morning when i actually tried to buy a bottle of water they had given me a handful of change and apologizing that they have run out of five euros or ten euro notes because the banks were closed the u.k. government as we know had already set about one million euros in cash to their troops were here in cyprus just to keep the cash go away now on the number of bigger level of economic a level if the banks do remain closed this will pose a problem as the economy does hit a substantially on the banking sector and there's already been doubt on whether the banks will open at all and we also heard from reaction from the e.u. or the dutch fineness minister said well the bloc deeply regretted the both of the
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bailout offer still sounds provided that the initial requirement is still met all this leave that is law that has not passed the parliament and they're really not happy about that will the impact of what is happening in cyprus are really sending ripples across europe first of all to the citizens who are now quite afraid of their say because of the fact that the seeds of doubt sold the credibility has been damaged but the damage has been done even if the foetid not go through so people are saying if it can happen to cyprus that that red line to be crossed and dipping into people's savings it could happen to other euro zone countries that might be leading bailouts in the future. right with cyprus now walking the bankruptcy tightrope let's discuss a which way admired full join in medieval that is a rabbit hole the chairman of the group which is in and even photos a think tank know mr holder the e.u. was a quick way to bail out greece ireland and other struggling countries. why am i more
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reluctant when it comes to cyprus where there seems to be a lot of bullying of smaller countries spain how to change went with the european union where they would have to take on the debt of the banks and so it wasn't actually a direct bailout of the banks the debt was taken on by other countries it seems that certain countries such as germany are really pushing their own agenda and those countries are small and can't really stand up to the larger interests in the your opinion the large financial interests of french and german banks are really pushed around and dark and or bullet and do not get a good deal and this is very dark from the e.u. to try and take a percentage of the savings of the. banks which is actually really could argue that's actually breaching e.u. walls on protection protecting deposits so it's actually both a favor and it's also bullying and is actually counterproductive because it's now threatening the whole banking system in southern europe but because people see the
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e.u. is no friend of those who have tapings in bank accounts it is no friend of protecting deposits and bank positive on what actually is cyprus where they otherwise should be i mean there's a lot of grumbling now about illicit money transfers into cyprus why was that not an issue when it was accepted into the european union less than a decade ago. while there was a great deal of. taking their oil the ball we're not recognizing that the banking sector was overly leveraged and there wasn't enough capital requirements but of course still at the very heart of this problem is of course the euro the e.u. single currency that it created a situation where there was next to no economic growth in large parts of southern europe over a decade such as italy and of course greece and so the only way to keep the economy's going was to have an overly leveraged banking sector excessive public
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public debt as well as the only way is it wasn't actually economic growth because the euro harmed economic growth actually harmed economic activity as well as making colonies uncompetitive so now course in a situation where they're desperately trying to shore up the euro and protect the financial interests of basically based around french and german banks as well as the input into lending market and really that's one of the key problems is that if the universe has created economic harm and then led to banking problems and national debt problems well let me ask you this has the all the air fibrous does go bankrupt one might the consequences be for europe. well we must look towards recent examples there's been other islands recently that have had too much arguably too much dependence upon the banking sector where are they now one example is of course iceland that's a small country it's an island it has
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a small population it had a very active banking sector it got inch of beer troubles when the economic crisis hit in two thousand and eight where are they now or they are outside of the euro they managed to refloat they have a column is there they are calling me and now of course they're getting more of a direct investment than eurozone states they're actually well on the road to recovery and the doing relatively well whereas countries that have a mind in the euro are suffering so the answer for psycho. is really to follow your slander example say let's get out of the euro us and wasn't in the euros they had freedom of action so this can we take this freedom of action. by getting out of the euro and stimulating economic activity and also iceland defaulted on its debts which rather the only way forward so we can look to examples that it's not the end of the world the sort of person if they get out of the euro that would be the answer of course i'm going to and so sorry to have to do this to you but always
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a pleasure to have you here given your insight into stories like this robert oulds chair of the bridge group of policy think tank thank you thank you the man who engineered britain's austerity program is now looking to rebranding himself the u.s. is chancellor of the second churchills a new budget which envisions the cutting corporate taxes even more while interesting a host of new duties including a levy on alcohol. u.s. officials have admitted that the number one time of bay detainees on a hunger strike has almost doubled since last week they've also said that at least eight inmates are being force or fared well dismissing the lawyers claims of prisoners abuse meanwhile the un human rights body has sent r.t. a cautious statement on the hunger strike has more on that. received a long statement from the office of the un's high commissioner for human rights navi pillay now directly related to the guantanamo hunger strike that statement
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said that quote while aware of some of the allegations of mistreatment of inmates said to have provoked the hunger strike which includes undue interference with inmates personal effects we are still trying to confirm the details unquote of the statement went on to say that the human rights commissioner. has repeatedly regretted that the u.s. government has not closed get mail and has she's also expressed concern over the obstacles the national defense authorization act has created for losing the island prison and for trying prisoners that are there even the united nations has not been able to have enough access at guantanamo to see in depth what is taking place with this hunger strike that prisoners at guantanamo bay one on hunger strike on february sixth in protest of the alleged confiscation of their personal items and religious handling of their qur'an so at that time the u.s. military was saying that only
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a handful of prisoners were on hunger strike but we do know that medical experts have told us and so have attorneys that once this hunger strike enters its forty fifth the day hunger strike participants risk losing their eyesight and losing their hearing there's been reports according to attorneys of hunger strike participants losing up to thirty pounds if not more coughing up blood losing consciousness being hospitalized so the attorneys for these detainees are sounding the alarm as they've even of the center for constitutional rights even sent a letter to u.s. defense secretary chuck hagel say help us end this hunger strike but the u.s. military is maintaining it's not a big deal lower pit of from human rights watch things the obama administration has lost its credibility as the guardian of international. they're going to have to respond at some point and they need to either you know try and prosecute the
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detainees who they actually have credible evidence against or release them at this point only sixty gagne's actually face any formal charges half of the people there the administration has said they had no interest in prosecuting they need q you know act on this they cannot continue could detain people indefinitely without trial for years that romney administration the u.s. government is clearly in violation of international law and its obligations under international law and journalists don't have access even the un special rapporteur tour does not have access we don't have access to it greatly limits our ability to speak with them and to understand what's happening especially regarding their detention conditions and it only undermines the united states his credibility when they're calling for him here and he were knights norms in other countries. when we come back a look at how the u.k. chaunce was planning to raise a much needed cash just stay with us for that. technology
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innovation all the developments around russia. the future are covered. you know sometimes you see a story and it seems so for langley you think you understand it and then you glimpse something else and 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. more news today violence has once again flared up. these are the images have been
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seeing from the streets of canada. the giant corporations are all today. oh. welcome back you're watching r t britain's a twenty thirteen budget does kept true to the spirit of austerity. across the board but also including a reduction in corporate taxes unveiled by the architect of bridges austerity program george osborne included measures to support those most most hard hit. by the cuts let's talk to our jesus or for that who listens is what the budget is presentational what judge all sport had to say sara what other details anything out of the ordinary. why do you think it's often if you walk into
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a situation in which you're going to be say critically judged already knowing you've got a minus but of course of the losing the triple a credit rating a little while ago that's exactly what george osborne has to see as the chancellor got to be to deliver the full budget to a very rowdy house of commons the house he said the full illusory most importantly many would say the most and who isn't budget delivery because of course it's not long now to the general elections and this is going to be one relief to see whether or not they can get the economy back on track now first it really a paradox if you know being quite so kind perhaps even contradictions to chancellor with schools to admit that economically we are worse off and yet he said that we're going to be saying on track with our economic plans there's no money around and yet we've seen a lot of tax cuts announced now there's a whole raft of measures this is always going to be a budget taken more as
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a whole rather than on these individual measures but we can talk to you as we said a lot of tax cuts were in there some good news to the fugitive right council. so the big the escalator that stopping the bear tracks is something that's become painful very hard here in britain are seeing following that story closely perhaps a chance to be watching but and it is a big but for any of the positive news that within that budget announcement there was that crease still missing ingredient and that's great and that's what it really comes down to here we see over the years growth has grated continue to stagnate and that's really stopped efforts to reproduce the economy and it seems today again for all the announcements once again that is lacking ito sarah from what you said it is fear i'm sure a lot of people might see that nothing really has changed still those tough austerity measures that are being put in place so i went or she is a bridge in any better now also than when it said out down the path of austerity.
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well this is one of the towns that was forced to admit today that economically you look at the figures we are worse off today the budget announcing coincided with the latest unemployment figures they've called our living costs have increased as we were listening to the chancellor deliver that twenty thirteen budget i was outside with some of the protesters from some trade unions and his announcements were met it's allowed for the people gathered there they really haven't found a message this government the resonates with british think when it comes to living cause as he said we saw the measures that were announced with designed to kind of combat sort of that the chance of the saying that this was a budget for hard working people who want to get on but it is very difficult when you look at the figures to back that up it is becoming harder and harder this is for budget the george osborne for the chocolates deliver that message that he is the man for the job and he can get the economy back on track you look at the office
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the budget responsibility they have one again revive their growth estimations every single time that you will one has announced the budget the office of what it was for realty has said actually very big is going down once again so i mean that really is the missing ingredient and that's going to be something i think the science the struggles with he joined twitter today and certainly he'll be able to get the response from the vs public about what they think of this latest and you know i was going to read is another thing and you know as we can actually way to find out what the british public think of this budget surfer they are correspondent in london giving us the lowdown on john george or suppose but just. barack obama has arrived in israel on his first ever visit to the country as u.s. president at home obama has been repeatedly criticized by a pro israeli lobbyist of all this is seeing him sell from tel aviv and some believe there's
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a little chance of the ice for we between the two governments any time soon for more. on that i'm joined by dr emanuel i know vonn tell of even university expert on you with israeli relations now dr on cheers say israel one small stress aid would push ahead with settlement construction in the west bank despite obama's repeated calls to halt the project what do you make of the timing. well first of all i think that the policy of the israeli government has been consistent on that issue meaning that israel has a right historically and legally to build in a two day in some way beyond the green line we know that the u.s. government disagrees with that policy is not new however there is also a basic agreement between israel and the united states that in the framework of a possible peace agreement between israel and the policy authority the selman boss
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will stay within israel and israel has announced on tuesday there will it will be inside the cell blocks and in jerusalem which is israel's capital on that issue there's no disagreement between israel and the united states now a preemptive strike on iran is a very sensitive matter between the government says washington doesn't seem to share israel's aggression but is obama ready to press israel on the issue now. as a matter of fact president obama has been very clear on the fact that the united states will never accept a nuclear iran and president obama is aware like anybody else. it was a clear view of reality that all the attend. to try and convince iran to stop its nuclear program through negotiations through economic pressures have
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failed so i think that the united states itself seems to have come to realize that both economic sanctions and negotiations with iran have failed and therefore if the united states is serious about stopping iran from getting a nuclear bomb when he says that all options only are on the table it means that the military option is also on the table and i think that president obama has been very clear about this i would have wanted to ask you more on that but i just want to ask you one more before i let you go why do you think president obama decided to visit israel this time around he didn't he didn't bother to do so it during his first term which was rather criticized. well i think that president obama has reassessed he spall the sea towards the middle east i think that clearly he started his first term as president thinking or assuming that the united states needed to improve its relations with the arab and the muslim world he
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gave those speeches in cairo in turkey and as a matter of fact as a result there has been in the meantime all these a pair of old in the middle east and the americas former allies in arab countries such as egypt has become radical islamic regimes and as for israel at the beginning of his term he put pressure on israel and not on the policy on the palestinian authority and the result has been counterproductive israel made gestures towards the p.a. to renew because he is however not with abbas has rejected for the past four years any attempts to start negotiations against israel so i think president obama has learned from his mistakes and he wants to reassess his policy towards israel and the middle east learn from his mistakes and try to start a new. well. i know enough on we'll have to leave it right there show a lot of people might think that he's doing this because he's getting pressure from
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home but love to have a chat with you but we have to let you go now thank you very much. we've got more of the backstory to america's relations with israel and palestine on r g dot com where you'll also find reaction to president obama's this. and al qaeda linked group named the islamic state of iraq as as it was behind a series of attacks in baghdad and choose to kill to sixty five people in mostly shiite areas of the city it was the deadliest of violence to hit iraq this year came all the tenth anniversary of the u.s. led invasion of the country and despite the conclusion of the so-called freedom and democracy mission stability is still nowhere in sight you see caffein of reports from israel. almost everyone that we've met here in iraq is deeply scarred and traumatized by war in one way or another whether was lost as under the saddam era or the massive violence and bloodshed that's been unleashed by the u.s.
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war and subsequent occupation not to mention the sectarian and ethnic lines that that war has opened blood shed is unfortunately the new norm for most of the parts of iraq here where we're standing right now is actually the semi autonomous region of iraq a kurdistan is probably the only area in iraq that has seen life improved since the war in large part due to profits from the oil that's been found in this region but less than an hour away in the city of kirkuk where we went a completely different picture checkpoint after checkpoint blast wall surrounding the city it was quite dangerous for us to move around without a military escort and most of the residents complained of potentials of security attacks almost at any moment so this is something that's really been reflected across the country and it's quite symbolic of course that on the anniversary of the ten year invasion iraq close that painful chapter much the same way that it began with bombs across baghdad but as for whether the people feel better off or not it really depends on fortunately on their experience their. ethnic affiliations their
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religion and what they've suffered during the past ten years. the situation in the country is better than we do have a problem there is violence there are lots of explosions everything is ok except the bombing it's. the way things are today suffering. groups of fracturing this democracy. we would feel free to go out and return safely. but there's no guarantee that i'll come home so as you heard there the one thing that does seem to unite iraqis today is fear fear of when the next explosion or attack may come. right there was you see calf and of in iraq in syria the main opposition coalition is calling for an internationally led investigation into whether chemical weapons were used in an attack near the northern city of aleppo the rebels and the government have blamed each other for the assault twenty
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five people died including sixteen government troops journalist in damascus. has the details that occurred and area called which is in the north of aleppo in an area that was under the control of the government to contain one of the military station and it's called the police center for these training center and this police training center has been under the attack from the position for the last three weeks or more and they were very to control it hard because of the difficulty of the hard fighting from the government it could not control it now after that government claims that it's the opposition who fired. in the morning with chemical guises and this chemical gas is laid into the killing of several people on the one of the several people including some of the doctors we're trying to. to heal these people and. close by hospitals
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the government to claim that the opposition was responsible for it and very position said at the same time the government is responsible for the exchange of claims between two of. these issues between the two parties. on the way now is to yell baghdad taxis stay tuned for that. secret laboratory to mccurdy was able to build a new most sophisticated robot which all unfortunately doesn't give a dollar amount anything tunes mission to teach creation why it should care about humans in world events this is why you should care watch only on the r g dot com.
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a clear image of iraq after the invasion. twenty day taxi trip through the country. the roads full of danger. clear evidence from north to south. the route of iraqi tragedy. after the war waiting for peace. taxi on r.t. . download the official ati application to yourself choose your language stream quality and enjoy your favorites from alzheimer's if you're away from your television well it just doesn't
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matter now with your mobile device you can watch ati anytime anywhere. visiting the general hospital in fallujah is like living it was nightmare. children with two heads tumors malformations missing limbs and macabre an unbearable litany they say every family here is sheltering or hiding a deformed monstrous child. from. the ghetto and the grandmother you know my daughter cries all day long it but she hopes to see her daughter get better.

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