tv [untitled] March 26, 2013 4:00am-4:30am EDT
4:00 am
burden frustration and recession fears mounting in cyprus following the e.u. bailout deal with all the banks on the island closed until thursday. consistent with hanging that's the finding of a post-mortem examination into the death of self exiled russian tycoon boris berezovsky. emerging power as leaders of the world's major developing economies look to strengthen the global influence of the brics group indorsing plans to create a joint bank at their annual summit in south africa. noon in moscow as a good having you with us here on r.t. our top story the last ditch belo deal for cyprus may have eased fears of
4:01 am
a financial catastrophe but cypriots still feeling the pinch getting harder for them to withdraw money and the central bank has decided to keep all banks on the island close to thursday even then capital flows will be temporarily restricted tests are sillier reports from nicosia frustration among cypriots is a growing. is that at the heart of the deal that cyprus sealed with its international creditors to get that ten billion euro bailout it needs and what will happen to this back essentially is it will be split into pieces and people with deposits of more than one hundred thousand euros that are uninsured will have to take a huge here haircut a lost whatever money they have here for the past week i've been to motional rollercoaster wondering what is going to happen to their money to their savings and they look to this example one day it was here the next day it is it and they're wondering is the same thing going to happen to their jobs or their savings to everything else they think they have precisely what did you choose and tonio
4:02 am
a manager for the country's biggest bank the bank of cyprus has been thinking all through this rollercoaster week for the first time in my life for thirty years. and then last week. i was. just too. many more. to stop by. the bank of cyprus according to the deal will function as the good bank and will take all deposits a less than one hundred thousand euros from like it will however also. euros in loans which like you receive from the european central bank as emergency funding assistance a detail that angers dimitris. is like they want to.
4:03 am
and while this employer you worries about the health of his bank other supports worry about when to leave you open if at all we have no cash we are just a truth behind him waiting to get some tough for her alone. the pool deal me a. banking meltdown the money system that's feeling towards the up is one of frustration but it's about the power of the take we get to the end it was the disaster but i think it was then that it took before we the pounds he said from. january two thousand and eight when we enter you are the only other side who will see upside down so slowly so you were about to these kind of situation so now
4:04 am
we have such. a situation to have to wait but. today because it's going to take so long and for now cypriots are forced to wait for banks reopen for cash to start flowing for jobs and life savings to be secured and. does so sylvia are nicosia cyprus the president of cyprus is defending the controversial rescue package saying it's painful but in the best interest of the country meanwhile the troika held the plan saying it places the country on a sustainable path to recovery but the deposit levy has raised fears that the same thing could be done in other struggling banks across europe here's what the head of the euro group is saying quote if there's a risk in a bank our first question should be ok what's the bank going to do about that is printed fears across the euro zone as the cyprus deal is now created a new template for resolving future banking problems as professor of international finance charizard raman explained to my colleague bill died earlier the bell it's
4:05 am
not only scared small savers but may trigger big investors to start pulling their cash out of other e.u. banks. it's going to be tied to the greek social economic debacle that we are seeing. going to go into a deep recession and this is going to be another decade lost for this country clearly the europeans and the i.m.f. they have broken one of the most basic tenants of financial crisis management and that is safeguarding the small saver what they have done is put the fear of god into small savers about their own little banks and that's the beginning of the end for any financial market and specially for foreign investors coming into those markets no one's going to be putting money into local southern banks anymore and indeed even those economies spain france which really fragile at the moment but big economies i mean if if they invest as a sort of pulling money out of those countries that is significant in that there is
4:06 am
a huge probability that it might actually start to happen because we have opened pandora's box right now and we can shut the lid on this now the cyprus tax levy is a major blow to russian depositors who are thought to have some twenty billion euros in corporate and private accounts in cyprus banks despite this president putin supported the rescue package ordering to restructure an existing two point five billion euro russian loan however it was accompanied by some sharp criticism from russia's prime minister my colleague research spoke with r.t. news editor ivor crotty about the depth and effects of cyprus problems. prime minister medvedev last week used the term expropriation which was a reference to what the the bolsheviks did in the past he today has followed up that statement with with a statement saying basically the stealing of what has already been stolen continues and that's a reference to cyprus is off shore status of the russian economy and well thirty nine other economies at least it was nine months ago that cyprus asked for
4:07 am
a bailout they asked for seventeen billion euro which is about one hundred percent of g.d.p. the eurozone wanted to eat the cyprus problem on to russia russia said it was eurozone problem anyhow what happened eventually was that we came down to the wire as usual as is the case with pretty much every euro group decision it becomes more of a debacle than a. decision at all for the country's second largest bank will be closer thousand jobs will go either what do you know about the capital but from what i understand it's flying out of cyprus frankfurter allgemeine zeitung reported despite the free snow this is quite a story the euro group froze the retail banking sector of the entire country despite this freeze on capital controls being applied to your group capital flight from cyprus doubled the regular traffic about two hundred million euro a day doubles the euro group talking heads or are using the term casino economy that's right to try to legitimize what it is that they're doing in cyprus. they did the point work making the e.c. be vetted cyprus for eurozone membership in two thousand and eight and gave it
4:08 am
a go ahead into that thousand eleven they perform a stress test on the bank of cyprus and like a bank and said things were ok to turn around now and say that there's been a form of casino capitalism been going on there i think it's max of desperation next hour archy's max keiser gives his unique take on the cyprus financial crisis saying chaos and uncertainty are beginning to dominate. cyprus banks are going to open today and they are yes they are no they're not are they they haircut on the deposits is ten percent now it's fifteen percent now it's forty percent now it's zero percent or maybe it's one hundred percent cyprus is leaving the no it's not leaving the troika back to the plant now doesn't back the plan yes it does no it doesn't welcome to the new world order it's called yes no maybe and maybe you'd have a gold silver and big coin taking out of this mess or else or well there's going to be well yes no or maybe the way stacey exactly max you know there's one thing
4:09 am
that's never uncertain about all of these plans they have and that is that yes none of them will work that's a good bottom line analysis yes they all don't work. mounting fears cyprus is sliding into deeper recession and employment with possible repercussions for other elling european economies on our website r.t. dot com more are asking now that the bailout deal is done what do you think comes next majority almost forty first cent zedillo be a total collapse of trust in banks aggravating the crisis almost thirty percent predict other countries are in line for a similar belo deal about a fifth say will result in widespread protests and the minority are little more than ten percent think cyprus will eventually exit the euro zone over all of this click on r t dot com and tell us what you think.
4:10 am
as one block struggles financially and others looking to go from strength to strength south africa writing to host the summit of the world's emerging economic giants later on we'll bring you more background and analysis on the developing brics group. examination reveals the death of russian self exiled tycoon boris berezovsky was quote consistent with hanging his body found in the bathroom of his u.k. home on saturday the examination found nothing to indicate a violent struggle with british police saying there is no evidence to suggest any third party involvement or t. sarah first has the tests. the. pathologist who carried out the post-mortem examination has found that the cools of death is consistent with hanging now there were no signs it said of a violent struggle we know in
4:11 am
a previous statement that the police initiate that they said there was no evidence at this point of the party involvement there is still going to be toxicology reports to carry out than of course the forensic investigation being carried out police continuing. skis and that's expected to last a couple more days yet we've had the details of his life coming out in the media for relatives and friends over the russians and that's really building up a picture of a man he was a larger than life character but had seemed to fall in on hard times he's had a number of high profile court cases here in the case the most recent of which coming up against a former friend raymond of proud of it and we know that that had a very serious impact on boys presidency from the reports from people who were around him at the time they psychologically and financially t. others believe intriguing twists that again on here we've heard from the russian
4:12 am
president's press attash a about the letter than this that bears a ski is said to his sense in which he asked for forgiveness and tools of his longing to return home to russia now in a separate incident we've heard that just the day before he died mr paracel ski said to have had an informal talk with a russian journalist again in which he was a detailing his state of mind in his flowing two or ten high of course this is causing a huge amount of speculation because he controversial character that you have a lot of i don't see questions here this is going to be what the police are doing now trying to tie a wall they say and to get an accurate picture for all their investigation and later on cheese day we're going to have that for will identification taking place. for the past decade moscow has been insisting london to extradite the former billionaire so he can be tried for money laundering and other offenses with paris
4:13 am
off skis death a massive thorn in u.k. russian relations a better move according to author and analyst martin mccauley i think you go down as a band of capitalist. who was more concerned with power than money its political judgment was very very poor because during the year he seemed to be writing very very hard. because of school dooku down as a man who became a dollar million undercover troeth he became a billionaire under years but for him tragically misjudged the situation after president putin came to power and ended up perhaps a relief for the poor man people are very important and interests in fact seemed to come down to the relations between the two countries regarding an individual west remember that the results call for the physical overthrow of president believe putin when he was in power. that's pretty serious and he made many accusations.
4:14 am
that the recess nation attempts against his life he play most good he blamed russia for that and so on that poisoned relations between moscow and london you could find it always in the english press when his name came up. people expected a scandal and what it was he could say now about moscow and what is what is going to blame putin again for something else. now with him gone that's gone as well hopefully we can move forward and if you like some of the poison has been taken out of the relations. i know more about the later russian oligarch on our website r.t. dot com the rise and fall of boris berezovsky his biography a step by step guide his life is a billionaire a politician and his last days in a self-imposed exile in the u.k. . and stay with us still to come on r t israeli soldiers and media and social media
4:15 am
we investigate why i.d.f. troops are getting prison the sentences for online antics as inappropriate conduct in the ranks threatens israel's online publicity campaign this after a short break. when their own country trying to offer them a living even loving mothers sometimes have to leave their children behind. i don't like to want to just depend long. it's a dream of millions of migrants that their children might choose their motherland. i want my children to win over moscow. russia has become this motherland. migrants working hard to find a way home. when you have nowhere to live.
4:16 am
when you don't have a family. when you have no one to ask for help you can always count on. this man he's respected by criminals and also if he's a like he'll soundex comix anonymous people like he used to be. the world's bigger emerging economies gathering in south africa looking to reshape their brics organization the leaders of brazil russia china india and the host nation at the summit with egypt's president morsi set to attend hoping to join the bloc in the future as artie's like sarah shows he reports expectations for strengthening the group are high. since its inception in two thousand and nine many have been wondering what the brics is all about a symbol of growing global multiple larry t. or a counterweight to the e.u.
4:17 am
and nato the leaders of the member states have been cautiously downplaying its role saying this alliance is purely economic and exists mostly on verbal agreements officially it's not even a legally bound international organization the greeks leaders are only now contemplating setting up headquarters in one of the capitals but just look at every brics country separately russia the world's largest exporter china the world's second largest economy and the source of a cheap labor force india cheap intellectual resources brazil with its enormously powerful agricultural sector and the republic of south africa the continent's leader in natural resources but the country's economic stats together the numbers are nothing short of impressive last year the brics countries average four percent g.d.p. growth whilst the g seven countries came up with only zero point seven percent and their collective gross national product already exceeds twenty seven percent of the global output and this economic might of the group of five who diversify into
4:18 am
a joint brics development bank this idea appeared during last year's summit in new delhi and there are certain indications this year's meeting in durban could pave way to its creation should this prove to be the case the world may see a new powerful financial institution we are now on the verge of a formal decision. it would be a substantial in terms of capital and be capital or substantial international and these development bank. is probably one of the major deliverables having brics more and more prominent in the area of economy international finance development of infrastructure the common standpoint among the brics states and major international issues could also be a huge factor in global geopolitics the war in syria is just one of the examples. the group of five has been insisting on a peaceful solution to the conflict and with the moscow and beijing firmly standing within the u.n. security council against any military intervention no one the experts say bashar
4:19 am
assad recently asked the group of five to help bring the conflict to an end many experts believe that despite brics being an informal group it's geopolitical weight is already very high as for political rule of bricks it's quote huge actually is the major international institution which preserved the whole human kind of solving economic problems for example the g twenty. i think at this point the decisions of g. twenty have predetermine to the position of brics so brics has yet to become an officially established organization but the russian president already said cooperation within this bloc will be more school store foreign priority this year and considering that at least five countries including mexico indonesia and egypt are willing to join the world may soon see a powerful alliance of developing economies which experts say even in its current configuration may become the world's wealthiest union of states in thirty years.
4:20 am
u.s. officials are guantanamo of acknowledged more prisoners have joined the hunger strike over alleged mistreatment their three captives are in the hospital ten detainees being force fed defense attorneys say the majority of one hundred sixty six detainees are refusing food accusingly officials are trying to downplay the actual figure artie's guy has more. despair among detainees grows now even their lawyers are denied direct access to them attorneys say they had a visit scheduled for early next week with one of the clients who lost thirty pounds since the strike began at the beginning of february that visit was approved by the military but the attorneys say they've just been informed by the authorities that they cannot visit the client because the military flight scheduled for next week was cancelled also most recently the navy decided to discontinue commercial flights to the camp so tourney's are really struggling to find out the true extent
4:21 am
of what's happening in guantanamo now as u.s. officials obviously try to downplay the hunger strike more criticism is coming in from the international community with heard criticism from the u.n. commissioner for human rights very strong words from amnesty international they call guantanamo an american gulag this is what the head of their security with human rights campaign said quote instead of justice for the nine eleven attacks one tunnel has brought us torture indefinite detention unfair trials and hunger strikes so i made a very broad international criticism of what the u.s. officials do basically nothing a few months ago state department shut down the office that was working to close the prison which effectively means that the detainees are stuck there in this legal limbo indefinitely their attorneys fear that we're going to see more suicides human rights organizations say there were hundreds of suicide attempts at the prison at least seven suicides have been reported so far including a detainee named. he had spent eleven years in guantanamo he was cleared for release by both bush and obama administrations he took his own life in september
4:22 am
last year. on our website our team we've got the latest updates on our top stories and news from around the world including apocalyptic animal death tolls and china after sixteen thousand infected brought in pig carcasses find out what else has mysteriously even fished out of chinese waters. and the u.k. prime minister david cameron announcing a massive crackdown on immigration as the british economy continues to falter this and more on our web site. finally in the news block the i.d.f. is cracking down on inappropriate behavior from its troops israeli soldiers online dance videos and controversial content of gone viral but there's fears the videos may be undermining the government's attempts to use social media as a p.r. tool artie's policy or investigates offensive and damaging fun a picture of an israeli soldier with mud on his face titled a bomb a stone posted on facebook by none other than the head of the i.d.f.
4:23 am
social media unit should it don't diminish just as the government uses social media for explaining full complaining for propaganda spinning it also has to do with private soldiers using new media every soldier is a broadcast station. it looks innocent enough but this will go to the next in a military prison. after posting these pictures on his facebook profile this infant was brought to book full of talent and misuse of army whip and we. these soldiers turned a patrol in hebron into a dance move. it angered the i.d.f. but others felt they did a far better job of showing the human side of the army than any spin doctor ever courage under the military code of justice offense and i think that sergeant and above which is that in fact any conduct which is unbecoming an i.d.f. soldier would would would before really potentially at least expose you to criminal
4:24 am
liability could actually find yourself in jail but it's not always fun and games neither is it so clear cut the i.d.f. told r.t. that a sniper who posted this image was dealt with appropriately it's the problem of free speech i don't see how you can control it i don't think that the dancing is abusing power i do think that putting your sniper a more in innocent person is an abuse of power and i think this is that it's think . gil you gave was an officer with the paratroopers unit he says he'd brief his soldiers regularly about what they could and could not post online but many were careless or childishly unaware of the impact one could have you have to remember that soldiers are. kids. eventually there just there are just kids that miss through the misuse of power just for them and just
4:25 am
one is not shooting the kid is not trying to kill the kid the irony is that the i.d.f. itself put so much emphasis on social networks using them extensively to promote its actions. the idea of has taken its war to twitter facebook instagram and even tumblr turning its social media tool box into the most globally visible arm of the israeli defense force it started during the israeli gaza war at the end of two thousand and eight but the idea of social media department flexed its online muscles during the flotilla incident a year and a half later distributing regular video taken from an israeli assault craft and tweeting in sixteen languages after the most recent israel gaza war last november the erstwhile embarrassed i.d.f. social media guru boasted his unit had beaten the enemy so her drug claimed foreign media asked more questions about the idea of twitter activity than about the army's
4:26 am
bombings in gaza but when ordinary soldiers start using the same platforms all that positive public diplomacy threatens to be undermined one click at a time. to steer our t.v. tel aviv. now to some other stories making global headlines as our leader of syria's opposition claims the movement has a rebel fighters and government ranks to ensure chemical weapons and to secure chemical weapons and ensure they don't fall to the hands of extremists this a day after the f.s.a. again blamed assad's troops and using chemical weapons war inside started trading toxic accusations a week ago after a rocket attack killed twenty six people in your aleppo the u.n. launch an investigation into the alleged chemical assault. egypt's chief prosecutor has ordered the arrest of five leading political activists following clashes in front of the muslim brotherhood headquarters last friday activists will be questioned over inciting violence during the protests were nearly two hundred people were injured this after president morsi warned he would employ any measure
4:27 am
necessary to protect the nation. u.s. secretary of state john kerry invited the taliban to reopen peace talks on monday during a surprise visit to the afghan capital just weeks ago afghanistan's president hamid karzai suggested the u.s. n. taliban were colluding in secret talks with terrorism is still rife in the country as the u.s. readies to withdraw a suicide bomb attacks on police headquarters in the east of the country killed five people earlier tuesday morning. a couple of minutes a look at the lives of migrants in russia working toward a future for their children back home stay with us here on r.t. .
4:28 am
zero since the new pope was chosen the calls for reform are analysts everyone wants the new pope to allow this and to allow that but the problem is that the catholic church is a religion not a product and people don't like the way a pepsi bottle looks while the company will have to in theory change it to meet public demand but the pope claims to represent the will of the creator of the universe the pope supposedly holds and protects an ancient and eternal truth so how can you expect this eternal truth just up and change because of public demand even though they pretend like adult religions do change over time but how can you expect the pope after hundreds of years of saying that people would be condemned to the fires of hell and eternity in the charred walls of the damned for certain sins just now say well i guess those sins are ok if you are catholic and you want your religion to change constantly then why do you believe in it why bother having principles and rules in the first place supposedly given to you by the almighty if you're just going to change them whenever you feel like it i don't get this but that's just my opinion.
50 Views
Uploaded by TV Archive on
![](http://athena.archive.org/0.gif?kind=track_js&track_js_case=control&cache_bust=1733234256)