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tv   News Weekly  RT  October 13, 2013 12:45am-1:01am EDT

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i. welcome back you're watching the weekly here on our take now beijing based investors are using the global economic uncertainty to their advantage chinese money is pouring into the new sometimes rescuing iconic european business is seen as severely undervalued due to the tough financial climate here's a look at some of china's most lucrative investments at the moment the european car
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market is increasingly attractive to to beijing's enterprises and in twenty ten they snapped up sweden's troubled manufacturer valvo last january china also helped out one of germany's top makers of concrete pumps in that same month italian your builder ferretti moved into the chinese hands and even a top french fashion brand has moved under the control of a hong kong based firm while the u.k. is one of china's preferred shopping sports where it's bought shares in london's heathrow airport and invested billions of pounds in nuclear industries in the year of iconic brands is also strong as artie's party boy reports. this time last year it looked like the iconic london cap would be consigned to history but after its maker the financially troubled london taxi company went into administration chinese manufacturer g.t. which already owns volvo stepped in and bought the company for eleven million pounds the factory is. now back in business this part of the assembly process is
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called the marriage of the carriage where the shell of the time. meets with the shafi of the taxi fare but it is the marriage between the chinese manufacturer and he on the london taxi company that managed to save a british icon from going out of production g.-d's pledged to invest a hundred and fifty million pounds into the coventry based business over the next five years promising to create jobs and develop new engines so future really previously when we were an independent company we like the financial resources to continue to develop the product as we would like to now that we're part of the finances and sort of point of view and that gives us the ability to develop. new taxi which we could have only dreamed of financial analysts have called it a win win situation the london cab comes back from the brink of extinction while a major chinese manufacturer gets to invest in an exciting new project but what
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does this say about the state of british industry business secretary vince cable called the chinese buyout a clear demonstration of the strength of the british car industry but the london cab is just the latest in a raft of u.k. businesses being sold off to foreign companies cadres chocolate is now american indian and the british airports authority spanish to some it represents a hollowing out of corporate britain and i'm happy that it's not going on that but it shows government policy for a long time now as encourage foreign companies to take over our british companies and what that means is that our british companies are not competitive across the globe so we're not putting in the right tax policies we're not dealing with regulation and it's these companies welcome to have new investment it always is in the long term this takes away economic productivity from this country it means that stuff and jobs are more liable to go because this is allegiance between the companies that are owned by foreign entities. their country rover than peace has
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been a cabbie for as a forty years in a scene the london taxi company goes through several for. ten for a ride and i asked him how he feels about turning chinese this is a shame that it's not owned by a british company but it's better than going to the wall a dynamic the companies they're still british they won't be faced with and you see . i see london. well clem chambers from stocks and markets website and says rich countries go global when they want to put money in a safe place and make it work for them generally speaking as long as it's culture but it doesn't matter where the money comes from wherever it comes from but what you are seeing here is it's really a currency trading you don't want to be in the dollar at the moment and probably in the long term so you've got to buy businesses in that different currency imagine that you know if you've got about a pound no problem you got a million pounds you start to have
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a problem with your money where your money when you start out hundreds of millions then you've got to look globally where you put your money for it to be safe for it to be working for you so you have to put it around the world you can look at china is far more. capitalist in america so i mean china really use that cap of this country and its boss and its well being as a group and rich countries by the assets of. now i've got plenty more for you on our website including maybe not alone after all the discovery of a wall to have the asteroid reinforces scientists believe that there might be more inhabitable worlds beyond our i'm sorry this is and you can find the full story online also that some death row prisoners in america face execution by drug she used to kill animals and maybe he'll teach of supplies of the usual form of the lethal injection and find out what's behind this.
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right to see. her straight. and i think that your. orders. in the u.s. truck drivers circled the capitol to protest against president obama who they say is abusing the constitution is how one trucker wants to solve the country's problems part of our agenda is we're counting for his resignation or impeachment just like marcy in egypt and if we raise one hundred million americans across the country we will demand his resignation or pressure of the house and senate to call for his impeachment on treason and for. the protest is on wales condemned his
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policies since he came to power supporting support for al qaida raising of the debt ceiling and the governments in the tory spying program all came under fire and the campaign received a large amount of support on facebook and twitter. elimination of chemical weapons but recognized by this year's nobel peace prize the international watchdog currently monitoring the destruction of syria's stockpiles received the award o.p.c. w. experts are working inside syria as part of a binding un resolution brokered by russia and the us political analyst martin mccauley describes the main challenges facing the great. war zone some of the chemical weapons maybe you'd rebel held territory. how do you access to rebels who say they don't have a. relation we'll have to verify that would be very tricky because a little bit with rebels and how many rebel groups are all over the dozens of them
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this is a very very difficult decision for them because previously globalisation always operated if you like. peaceful this is the first time i really got involved the middle of a civil war and issued a challenge for them they may in fact put one hundred people in i would hope that they are secure and that they actually get on with the business of living new weapons but it will be very very difficult the first task is to eliminate the wherewithal which makes weapons. get the chemicals take them out of syria and destroy them and this is going to be a long process no one really expects one hundred percent. to be eliminated by the middle of next year or even the end of next year. now this week the olympic torch began its long journey from moscow to sochi and the twenty fourteen winter games the flame embarked on a four month relay covering more than sixty five thousand kilometers across russia
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and space it was lit last sunday in greece before traveling by plane to russia the flame was met by a group of bikers who were handed who were on hand to escort it to the kremlin president putin looked ahead to the games by hosting the ceremony to start the top three day after visiting nearly three thousand cities across the country be lympics symbol is expected in salt she on the seventh of february to open the games and you can enjoy the highlights and see reports from the relay ceremony over at our web site at r.t. dot com. now i'm going to be back in a few minutes time with the headlines stay with us. real damage and complexity of this oil spill was not something you can grasp just by
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looking at dirty birds we have between four to five million people in this directly affected area of the coast and it's pretty clear why it's not being reported because b.p. can't afford to have a reported all along the gulf coast are clean they are safe and they're open for business if b.p. is the single largest oil contributor to the pentagon the us war machine is heavily reliant upon b.p. and their oil this is a huge step backwards for the marker c. it's a step forward for oligarchy carex it is toxic is a look a lot like spraying in vietnam it was it was not a picture that either the government or b.p. really wanted to have out there i don't want dispersants to be the agent. this boils. down may disagree.
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but i believe america is exceptional. yes we can. yes we can. handle satsang. and to. see them in. this leadership. council. wealthy british. time.
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market. find out what's really happening to the global economy with mike stronger for a no holds barred look global financial headlines two kinds of reports. i'm talking about edward snowden you know that some americans believe they believe he was a criminal. i believe you said hero i believe he's coming directly from his heart that he feels some goodness that he wants to be truthful to the american people that he believes in and loves his country america so strongly and i wish that somebody in the same situation i hope that i have the courage to do the same thing .
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with the economic ups and downs in the final months of the deal and the rest. it will be a briefly on for me. actually nothing very good is happening now in the last twelve years and that's something western media and political leaders don't want to talk about anymore well there's really no actual practicing democracy to speak of in afghanistan what you have is a kleptocratic corrupt. state but we should reframe the question so. just stays there there will be violence there will be chaos because as an occupying power it began you know the u.s. wants to keep a footprint there but the longer its footprint is there the more well with have to say the violence will continue because of occupation you know just the fact that the afghan government has not yet been able to convince the afghan people that it
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provides a better alternative. more news today. these are the images the world has been seeing from the streets of canada. giant corporations rule the day. we speak your language. news programs and documentaries in spanish matters to you. stories. you hear. the spanish. visit.
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stories this week on our. public for the first time since receiving asylum in russia video receiving an award from fellow us. hungry for change hundreds of cities across the globe see. food in the company see the face of the industry. washington faces up the looming threat of a national default we look at how the government shutdown has become a matter of life and death.

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