tv [untitled] March 24, 2013 7:00pm-7:30pm EDT
7:00 pm
the sinking island cyprus struggles to means the e.u.'s demands vital for a bailout ahead of monday's deadline with schools of savers facing the prospect of losing trunks of their money for the sake of rescuing the country's ailing banks. u.k. police say there are no signs of any third party involvement in the death of self exiled washing tycoon barry's results he was said to have repented his past while longing for a return to his homeland. also the syrian national coalition chief announces his resignation raising the alarm over the dramatic divisions within the anti assad forces. starving to death and protest at indefinite detention as lawyers for hunger striking gone ton of the detainees claim their clients lines are on the line the u.s. military denies a crisis and even boards to expand the facility. the
7:01 pm
latest news and the week's top stories you're watching the weekly here on ars he was me you know hello and welcome to the program. ailing cyprus is in the hands of brussels now as the deadline for the e.u. bailout deal is looming in the thames to meet the demands the government has produced a plan that could potentially see scores of people lose up to a fifth of their life savings for the sake of rescuing the banks the prospect called panic and discontent across cyprus this week with kwanza venting their anger on the streets. and now reports. in a dramatic week of unfolding events cyprus has moved from rejected europe with a resounding no vote on what it saw as an unfair demand for getting
7:02 pm
a ten billion euro bailout did now bending over backwards trying to clinch that money scrambling to put together a package pleasing enough to its creditors the so-called troika now saying yes to imposing a twenty percent levy on deposits above one hundred thousand euros in the bank of cyprus and four percent for big deposits in other banks imposing capital controls creating a solidarity fund and a restructuring it's a lean vegs and in that week of dramatic political and economic maneuvering citizens were on an emotional roller coaster panicked cypriots rushed to a.t.m. to try and get their money out of the bank at gas stations and no cash meant no gas i agree people took to the streets shocked at what they largely felt was europe particularly germany trying to bring them to their knees but it was a hard on how they would hear us and our kids. you know we don't accept treats aside all too familiar in the next door greece but for the first time in the euro
7:03 pm
zone street of be allowed to bear it's a red line had been crossed what is going about this particular instance is that the european union the euro zone have taken a step forward beyond their previous policy where they always said individuals will not be harmed we will not take money out of the minds of engineers and actually they don't know what we see is that if you are big member then you will be left alone and you will be below two and you if you are a small member you will be beleaguered r us to further complicate matters banks in the country will remain closed until next week the european central bank had given an ultimatum if there's no deal with the troika by monday the twenty fifth emergency liquidity funding will be cut off causing another round of panic as citizens feared the worst. holding on to as much cash as they could most conversations now are about nothing else but the predicament they're countries in
7:04 pm
europe tend to believe we know. we are waiting to support from you but there are reasons to be able to continue. to say you didn't believe it would you know what everybody else or company next or couple know there will be little before people see your club and whenever they could they don't think twice about joining the crowd will be anything to do with your gut it goes. to both of you if your kids really need one for you i think those are. well over the past few days many cypriots have been telling me that they've seen of read about the impacts of the economic crisis on the people of neighboring countries but it's not a really felt feel to them well not until the past week or so they share similar language a similar culture and other wondering are they going to have to share a similar social tragedy as well. tests are still the r t nicosia cyprus.
7:05 pm
huge issue that has an a for more analysis when i joined live by warren pollack markets analyst and financial advisor warren pollock thank you very much indeed for joining us now it looks like the crucial bailout deal has been delayed yet again all they going to are is all the talk well i don't think this problem can be resolved because we're talking about cyprus which has one point one five million people but in reality this is a global problem which has not been addressed since two thousand and seven two thousand and eight and previous to that with the issuance of huge amounts of debt and leverage into the system both in europe and in the united states and when that dead goes bad the only recourse which exists is to tap the remaining collateral of the system which is the. savings and in this case in cyprus savings people. and also savings of people in russia as well as the small populace of cyprus who are
7:06 pm
going to be bailing out the bad loans which occurred internationally sound optimistic when now that monday marks the deadline set by the european central bank for the full for a bailout deal but what will happen next if they fail to see what they deal well i we're sort of talking past each other but in specific this is not a small problem about cyprus this is a global macro issue and concern which cyprus is is a test case it's very similar in fact to the m.f. global debacle in the united states where people who just had the council of money sitting in banks were tapped to provide liquidity for a failed debt and that in that subtlety what's going to happen is we're going to see a repeat of cyprus over and over again with the most vulnerable money tapped first money in pension plans the money that belongs to russians of high net worth that
7:07 pm
restored in cyprus and what's going on in cyprus is important to the one point one five million people that are in there but there is no risk lucian to this issue in concern because the amount of leverage which is outstanding is far in excess of the collateral which is supposed to shore up all these bad loans so we have a case why where we're seeing you know a bank run in cyprus there is no solution to this problem other than bankruptcy to protect savings and then to restructure the debt and that's something which the eurozone and brussels didn't want to address that's something that has not been addressed in the united states and ultimately what it means i think it's ultimately will see i think russia actually. just be better off as a result further down the road as a superpower looking looking west yes more in
7:08 pm
a cypress difference what will happen to the euro well they're doing everything they can both in the united states to buy time and the mortgage crisis in the euro zone the credit expansion was the expansion of the euro zone itself so all of the vested interests one wants to keep the eurozone intact and the euro intact but sooner or later if you keep on sort of stealing savings you're going to have popular unrest it's something which is of relevance in a country that is one point one five million people but when you start to see unrest let's say in france where they are not as strong financially as as germany i mean look it's definitely see the small countries being a test to see whether savings can be stolen on a wider scale but right now we're watching this multi-year story of excessive leverage and then debt contraction and in that contraction the low hanging fruit
7:09 pm
people savings and vulnerable countries people without without a. political voice that's a russian capital and sitting in cyprus that is what can be stolen easily because there is no political pushback so i think ultimately we'll see a political pushback in the form of geo political forces and say from russia with the west and we might also see political instability from china looking towards the united states and japan so all of this is into into related and in these great credit crisis as if always lead to war and conflict and the right thing to do is to spur tect savings and that's something politically which the people in the eurozone leadership of the eurozone don't want to do they want to preserve the status quo that wants preserve corporate interests want to preserve a lead interest and that is. hence the common the common good the idea of having justice instead of selective war and that's something which is broken down both in
7:10 pm
western europe and also in the united states so this is a complex issue a concern but it is more than just the bank holiday in cyprus this is a test case it's setting a precedent to see whether or not savings can be tapped to try to buy more time for an amount of leverage which is so excessive that it can never be paid so we're going to see people trying to tap into pension plans any. ok warren warren pollack market analyst and financial advisor or and thank you very much indeed for sharing your lease with us thank you. police say there is no evidence of any third party involvement in the death of self exiled russian tycoon and vocal kremlin critic baris bears all ski biohazard experts went to his home near london where he was found dead but have given it the all clear correspondence all set the scene. police continuing to investigate the unexplained death of
7:11 pm
boris berezovsky now in a statement they said the post-mortem movie carried out there had been a two mile police cordon. after the c.v.r. and the investigators trained in handling radioactive material had given the scene the all clear police have described taking a statement from the employee he found mr birdsall ski's body after forcing a plane passing door having become concerned for his welfare about employee was the only other person in the house at the time the body was discovered another senior investigating officer hit his side they are keeping an open mind in the early stages of the investigation and that it would be wrong to speculate at this stage but of course there has been a huge amount all speculation. made his food chain of the breakup of the soviet union a hugely controversial character now we've heard in an interview that with
7:12 pm
a party given by mr brzezinski his latest friday the day before he died in a conversation with a journalist he talks of his longing to return home to russia and we've also heard from the russian president's press attash a he said that months ago the president received a letter from verizon scale we can take a listen now to what that said. sometime ago maybe some two months ago but it's a letter to prove himself saying that he made a lot of mistakes and to forgive him mistakes. did exist certainly the picture i think being built up of mr berg or ski in his final years quite aside quite a lonely picture he was a larger than life characters that seem somewhat reduced. in years they've had
7:13 pm
a number of high profile court cases here in the k. the most recent of which is with fellow only gargrave in abramovich and people are described not just the psychological impact of losing that court case it's quite a humiliation for mr very salty but also the financial impact of that as well as he said the picture coming out of them and he certainly had seemed to express in his final days a longing to return home and of course that hasn't happened and he is now the subject of the ongoing investigation here into his death and married to john skate chief editorial writer and columnist at the independent newspaper believe some foreign officials in britain will probably breathe a sigh of relief with one of the songs being removed from russia u.k. relations i don't think he particularly was a serious threat to the kremlin. i think that. fancied himself as a threat and maybe he wanted to be more of
7:14 pm
a threat than actually he was. but the position that he held through the second half of the ninety's in russia obviously made him the key figure of that period the figure of berezovsky his position when he died this weekend and the contrast between that and his position of power and influence in the late ninety's illustrates in some ways how russia has changed and how much russia has changed in those five ten years i think elsewhere behind the scenes in places like foreign office in the corridors of government they'll be you know i won't say they'll be doing something that's improper or sort of dancing in the aisles but it is obviously was a very awkward figure he was a big obstacle to diplomacy with russia and i think his death will be seen as i hope anyway as maybe removing an obstacle to better relations with russia. and on the way outcry from behind bars there's no end in sight for the hunger strike gone
7:15 pm
tunnel mode as the u.s. government talks of expanding the notorious facility instead of considering the fate of those being held without charge or trial. exiled former pakistani president pervez musharraf has returned home planning to regain political power despite a criminal charges and assassination threats from the town of on the story and much more after the break just a. world with. its technology innovations all the latest developments from around russia we've got this huge earth covered. 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
7:16 pm
7:17 pm
just moments after he was elected. the details for us now. in his statement was outed said that he was stepping down because some matters have to quote him reached red lines now he hasn't explained exactly what prompted his resignation but he did say that he was designing to be able to work with freedom that cannot be available from official institutions keep in mind that her to it was someone that both russia and the united states look to as a person that they could negotiate with on the future of syria back in february hunted met with the russian foreign minister sergei lavrov following his claim that the syrian opposition was ready to negotiate with syrian president bashar assad it is important to remember that this was the first time ever that the syrian opposition talked about the possibility of talking to a side although later backtracked by saying that he was willing to talk about the departure of assad with his vice president and his government but not with the
7:18 pm
syrian president assad himself now to resignation does raise questions over the integrity of the syrian national opposition coalition it comes on the heels of twelve opposition members pulling out last week over the election of a prime minister the tip has complained that there has been insufficient groundwork to actually be able to form a government what we're witnessing also is a stark division amongst not a united picture at all and the opposition finding it very difficult to come to some kind of united stance on how to deal with the syrian regime with the tips stepping down is also seen as a sign of internal divisions it is seen as a sign of anxiety and so the question remains what does his resignation mean for efforts to find a diplomatic solution to this conflict. skin and bones fainting and even coughing up blood that's how lawyers for the hunger strike in guantanamo detainees describe some of their clients who've been starving themselves since
7:19 pm
february some attorneys claim that no longer given access to the captives while the u.s. military continues to downplay the scale of the hunger strike and despite the crisis the pentagon now wants to expand the facility saying it will be open indefinitely as she's going there to check on reports. despair among guantanamo detainees is growing as now even their lawyers are being denied direct access to them attorneys say they had a visit scheduled for early next week with one of the prisoners who's been on strike since the beginning of february lawyers have been informed by saudis that the only flight to the prison the u.s. military flight was cancelled we are. told there are no other options there is no. why. not only are the attorney struggling to find out the true extent of what's happening in guantanamo now but we journalists or as well this friday captain
7:20 pm
robert zubrin the spokesman for guantanamo responded to our inquiry he wrote us quote we have twenty six hunger strikers with eight receiving and total feeds meaning they get nutrition through a feeding tube last friday robert to rand wrote us there were fourteen people refusing all food while the defense attorneys had been saying there were many more we cannot independently verify any of this at this point we're just relying on what the officials and detainees lawyers tell us we're certainly in touch with the attorneys and will continue to press the officials for answers in addition to the inquiries that we made with the defense department we also asked the department of justice for their perspective on what's happening and they basically told us that it's none of their business that the military oversees the facility and referred this back to the department of defense defense attorneys are telling us that these sorties have created conditions which make it nearly impossible for them to do their job and defend their clients so frustrating there is nothing that we do we have sent e-mails to the department to brands to the commander.
7:21 pm
asking them. to talk to us about. her response we have been told by the department of justice that they will not talk to us they were. part of the. norman's talk in the meantime in washington the officials tried to downplay the hunger strike but they seem to have a good idea of why these men resorted to such a desperate move and yet they have no solution to offer they had great optimism that guantanamo would be closed they were devastated when the president did you know backed off at least their perception of closing the facility that has caused them to become frustrated and they want to get this i think turned it up get it back in the media but it was not on the status of the detainees that general john kelly who's command oversees guantanamo came to discuss in congress he was there asking for money to renovate the prison the upgrade of the camp is estimated to
7:22 pm
cost taxpayers almost two hundred million dollars as washington schedules renovations at guantanamo the international community continues to call on president obama to comply with his own promises and to shut down the infamous prison we have no right to hold people indefinitely without charges without a trial and without people having access to a justice system that's against every principle of law which exists in the world the un commissioner for human rights responded to our request for comment and said they have quote repeatedly regretted that the u.s. government has not closed guantanamo bay four years ago president obama ordered to stop tortured guantanamo but the u.s. says indefinite detention itself is a form of torture british resident shakur aamer was cleared for release six years ago yet he's still being held captive here's what he writes please touch me in the old way here they destroy people mentally and physically without leaving marks half of the men now in guantanamo have been cleared for release many others never
7:23 pm
formally accused of a crime three months ago the state department closed the office in charge of closing the prison there's a growing sense among the detainees there that the only way out of one tunnel for them is in a coffin in washington i'm going to check them. so now big brother continues its march to the land of the free find out on our website why u.s. authorities think they still need a warrant to attach a g.p.s. device to a personal car sacrificing america's privacy to detect citizens every move. and russian becomes the second most used language on the nats pushing german down one place and being surpassed only by the website lingua franca english the reasons behind the russian language is growth. from the pakistani president pervez musharraf has returned to his country after four years of self-imposed exile that's despite the taliban recently threatening to target him with snipers and suicide bombers musharraf plans to lead his party in may's trial
7:24 pm
alexion hoping to regain political influence but if a says a series of criminal charges at home although there are some issues have granted him protective bail and freed him from immediate arrest and political analyst sultan and harley believes musharraf is bank by foreign patrons with our own vested interests in pakistan. the west has. to its advantage it looks for the operation. their preference is always a military dictator but we should start is that military dictatorship is possibly out of the question so the next best thing is to prop somebody who was there a trusted man and you can find some evidence on it because saudi arabia has in fact approached mr nawaz sharif who was his biggest operator and keeping silent if you notice mr murdoch i should have just returned from a trip and he has been caught being caught under grocers saying that we cannot deny
7:25 pm
posting from a zip up residing in greece or norm so probably there is a method in the western interest is that they would like to see their own man in place so that their. practices and their interests are governed as well as ensured by one person and that may be but raise washout. and some more international news stories in brief now in paris riot police fired tear gas on protesters trying to disperse the crowd marching against the country's same sex marriage bill officers started to use force and to gay demonstrators push their way onto the shelves on the say according to police there were three hundred thousand protesters but acts of its claim a much larger number two people were arrested but no injuries have been reported a large majority of the law lower house of france's parliament approved the march disputed bill last month and now the draft law is awaiting the senate vote next month. in libya about two hundred former rebel fighters have
7:26 pm
besieged prime minister downs office demanding his resignation they claim that according to the country's political isolation law no members of the former regime can participate in political life dan was a diplomat during moderate gadhafi rule before the nation's eight month long civil war in twenty eleven. the head of the central african republic francois has been forced to flee to the democratic republic of congo after rebel forces seized control of the capital bangui france meanwhile claims its soldiers have secured the city's airport and called for an emergency meeting on the un security council to discuss further action the rebel alliance began its offensive in december and has taken control of about a dozen towns. right after the break a look at the lives of a community which turned its back on society centuries ago you're watching us he does do.
7:27 pm
7:28 pm
we're old believe us we're not supposed to be public people we'd rather not be filmed or shown on television we're supposed to live a quiet life and keep distant from worldly masses that's what we need if we're to keep our traditions we be glad not to be disturbed too much for. being with a living to shave. in the world with no yelling you'll be. able to get it. this.
7:29 pm
is a. game. yet . this is a small community of orthodox traditionalists returned to russia just over a year ago their ancestors emigrated to let in america in the one nine hundred forty s. coming back to their homeland has been their cherished dream ever since. i was like. this. could have been a morning class sent down. but this year will have been joined.
35 Views
Uploaded by TV Archive on
