tv [untitled] February 8, 2014 11:30pm-12:01am EST
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you know that one plus international sports stars are here in russia finally these she gave they have the guy who. was with him during our reporter who's in sochi talking about money they got loads on the way jam packed show do not move a muscle now so people in general well they don't trust bankers often accusing them of having no called gins or credibility. banks are eager to change this i'm not turning to god for help in doing so yeah that's right dodge buying this all ninety thousand will now swear an oath to do their utmost to preserve our own hearts confidence in the financial services industry now this is part of the dutch government's to change its image to take in the overinflated industry with assets of more than four times the size of the country's economy and if you're thinking that maybe it's just a p.r.
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but apparently if the new code of conduct is broken then the guilty they get blacklisted all face a fine and is not just. making moves to clean up the image of the banking industry i should say this week mark is chief antony jenkins he waived his four point five billion dollars bonus and that was for the second year in a ride but no banking chiefs are taking the moral route no off very favorite if you morgan's jamie diamond he took over his twenty million dollar paycheck last year despite the abundance of fines we know that his bank has been dealt with but the point is overall it seems efforts all be. added to this lloyd's another british banking empire has vowed to keep their female star from twenty eight percent to forty percent in the city with this. make the banking industry more moral low to
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talk about we've got bankers declaring refusing bonuses will summon away the prospect of more women in the male dominated industry so does all of this all together does it mean a social moral movement in the banking world where our all that search you up these numbers what on earth is going on at the moment with our friend kelly right here who's involved in the financial world in london from i j brenda the oath taken by the dutch banking system is this g.d.s. or is it total nonsense. i think it probably there's comes full somewhere in between the two i think when you look at. the reputation of the financial sector since the financial crisis i think it is quite important that we try and change the point of view of some of the employees of banks and i think in some respects it does have to make it a more discerning profession particularly in light of what's happened over the last
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few years so i think in some respects it is a good thing i've had interesting conversations with people in relation to the life or manipulation of the four explain if elation and some are trying to draw a difference between the two whereas in fact i think if you feel that you're doing something incorrect or morally wrong it doesn't really matter whether it's a small or a big thing it should actually fall into the same category so in some respects i think this is a good idea and could be a good template for most banks do why should the banking industry care what's the science you think of the money will be made god loves go back to to be honest with you is probably quite true but i do feel that over the last number of weeks we have seen that there have been a huge amount of redundancies in banks so clearly there are problems still facing the banking sector at the moment. regards whether or not you feel that the banking sector in the financial sector has been fixed since the height of the crisis and i feel that this goes some way to trying to make people believe in what their job is
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of course all to help to kind of fix the reputational damage there i think it is important but i do take your point that clearly banks will make money in the model watch but i think it's trying to turn over a new leaf that is quite important here i listen i want to ask you about barclays chief executive antony jenkins turning down the bonus for the second year how important is it that banking chiefs do this does he have a significance do you guys can. i'm not so certain i care all that much i do believe that in many respects the bonus is more than likely deferred a little bit further and i think it's mostly a p.r. exercise. on behalf of barclays perhaps it is a way off leading by example by the head of the bank but i start if he stays there gets gets the bank on its feet once again i'm proves to its shareholders he's worthy of a bonus he finds of stuff worthy of a bonus then i would expect in a few years time more than make up for the losses that he's made over the last
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couple of years oh yeah. let's talk about women because lawyers all keen to get more female what is in the industry would how your personal experience do women make the industry more moral. i think it's an interesting case actually and i don't subscribe to the view that women are more risk averse than men and obviously i work in quite a male dominated department here but i think there is a perception there that women do do not take more risks but if you look at risk taking as a whole it's generally taken as a financial scenario but if you actually look at risk to be standing up for what's right in the face of opposition taking an ethical path where there's actually pressure to stray i think women could actually bring in a little bit more of a collaborative effort in the banking sector which is more likely to show successful risk taking and there have been studies showing that men are inclined to there are two different waiting on factors for risk taking two of them are the likelihood that the risk in question would help hit strategic objectives the second
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is the effect the risk on the people involved men are more inclined to focus on the former women are more inclined to focus on the locker so i think bringing in more female stuff into senior management could really put create a collaborative effort i make the risk taking that is encouraged to buy and king and to profits more successful and a more moral question of making money absolutely thank you have a so much that's brenda kelly right there from my day talking to us in london today . she gains on now oh and already a wreck will break most. so a limpet games in history we know that much and even when i say the price tag now the fifty one billion dollars gospel has been spent now it's done and dusted but the good news is the games are expected to generate the most revenue in history channel i'm talking television advertisements sponsorships merchandise even private jets so let's talk to
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a farmer right now who is insult she is for us. so days so she is set to make money then the full plentiful well it should do i mean in terms of associated advertising revenue hoffer trillion dollars is expected to be generated in this sounds like a staggering amount but you do have to remember that something like three billion people around the world will watch the games on their television set so for advertisers that is seen as something of a golden ticket and that's why you do get the likes of me don't move panasonic in visa all queuing up to be official sponsors of sochi twenty four take yeah he today and obviously in addition to that you've got all the people going to sochi so watch the games of course which means great business for a local company is. it is brilliant for the local economy and we're hearing something like one hundred forty thousand people visit sort cheek during these games of course they all need somewhere to stay so hotels are going to benefit
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benefit something like twenty thousand new hotel rooms were built for these games and all of those have been taken and on top of that you have the shops and cafes and restaurants are going to benefit and of course the local taxi companies which as we know always put up the prices so it's very lucrative to sort shake and on top of that of course when people come to sochi to watch the games they need to buy tickets and they alone are worth something like one hundred seventy million dollars while on the same high bridal is in town as well i hear yeah well if you drive past sort yet or even just look out the you who are airplane window you will see a lot of private. yes some of the time incredibly they are paying up to sixty five thousand dollars a day just to. only go spending a lot of money keeping their jets in sochi during these games and over the course of three weeks the airport expects to generate something like forty two million dollars from this leasing bill are you sure about that and they do tell us that
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something like six hundred fifty people have already inquired about parking their jets but search airport during the game so huge huge money spinner for many people my guess is that is big money that will thank you so much to do that though your fairy busy man it's exciting times that insults you with the guys now on the way can't believe enjoy yourself goodbye. when it comes to the plates well the value of winning a big shiny gold medal depends on the country that they're from because each country awards that own sport stars so starting with the italians will they're the most generous to the athletes who do great with the homecoming the award of one hundred eighty two thousand dollars right there at lest forget about debt forget about recession they're getting a nice juicy package that will go russia up next right here where it's all going on one hundred fourteen thousand so she's just about the by the way if you wanted chinese champs so get one hundred thirty five thousand for the sporting efforts usa
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is a little bit more modest hayward twenty five thousand but they tend to get the most in sponsorships u.k. right here yeah zero for their style so just have to make do with the meadow white guy so the brits leave it on according to fit should credit rating agency the debt created by the sochi twenty fourteen olympics will be in their words manageable the agency said that the region is well diverse and there is a steady flow of funding from the federal government many of russia's state owned banks are providing loans to projects which is. makes the debt less risky investors are hoping that the costly infrastructure projects will provide income to the region with international and domestic terrorists for decades to come that's the i did all right now let's crack on and let's get corporate we're going to start with russian bags because. last week i mentioned the to be banking group had
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stopped working with fitch after being downgraded in january now fate has withdrawn its rating for bt b. before doing so it reaffirmed the bank's triple the minus safe service fee t.v. russia's second largest lender accuse the agency of a lack of professionalism and now only off rates with moody's and standard and poor's move it on crushing the retail outlet into has announced it will hold two i.p.o.'s one of most of what a london stock available is believed to be up to eight billion dollars while this is in response to last year's profits soaring by two hundred million dollars. russian fast food chain to be more open to restaurants in new york the shit the company specializes in russian pancakes both sweets ones and savory that surely pop but i hate a lot of people happen for a male and i thirty recommend the sour cream. ok so i've got
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a bit of an appetite for your height that's quite stu opposite sides for venture capital this week if it doesn't get on twitter i'll be involved all this way going to be talking about such a core principle running around wellness like a by so i take care of yourselves have a great weight for. wealthy british designer. finance scandals find out what's really happening to the global economy. look at the global financial headlines tune in to cause a report. you
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know. everyone in my life that i cared about their gold and then it became a skin. i was a national champion in track and field and also was able to go in qualifying for the olympic games. you know nine hundred eighty eight i started to experiment with that the drugs i had lost all the financial means that i. was really on the street . black market can. get a great. three. quarter
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the public in the dark that's what antiwar activist david swanson tells us. but yes people certainly know the six month prison sentences we've had people say seeing horrendous charges for exercising their first amendment rights this is an ongoing activity across the country and it's noticed in the local media that there's a virtual blackout in the national media in the united states you would have no idea this was happening it's that there's an extensive protest resistance movement against these drone murders and unfortunately most americans don't even know it's happening don't even know what the drones are being used for cash much less that they're being protested when these missiles go and kill innocent men women children infants in pakistan afghanistan yemen somalia there's no discussion there's no debate it just happens under the radar drone program was launched under george w. bush but has been expanded during the obama administration countries most affected
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by the drone strikes have been in yemen and pakistan where hundreds of civilians have been killed a variety of estimates suggest that the last five years more than three hundred have become victims of drone warfare even though the american people say they're going easy over the attacks washington showing little sign of putting an end to the program corruption pandemic sweeping even member states brussels claiming one hundred twenty billion euros have been lost to shady deals the figure of real the buyer in a report by the e.u.'s home affairs commissioner who also warned the problem is far reaching and could be getting worse philip claes an m.e.p. for the flemish nationalist party says while highlighting bribery on a national level the report ignores brussels trading is. the problems in some member states are huge and widespread and the problem within the european union is that all the member states are in danger of being contaminated to the by this problem because the when you are in the eurozone for instance and when one of these
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member states in the eurozone has a big corruption problem well this problem will be felt by the other member states within the eurozone that's a problem with greece for instance so the problems in one country are becoming more and more the problems of the other member states with i find surprising them with i'm fun interesting at the same time is that the european commission has made this report on corruption in the european union but it didn't make a survey of corruption within its own institutions and didn't have any specific information about corruption with the. projects. protest or threat of war the pentagon sounding the alarm over after finding an iranian warships that u.s. maritime borders but an r.t. dot com for the full story there. and the notorious anti immigration go
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home or face arrest campaign backfiring for its mastermind details of what forced the u.k. immigration minister to resign put away. the right to see. first street. and i would think you're. an army corps with the. instrument. to be in. breach of citizen's privacy in germany apparently too much for the country's leading hacker group the chaos computer club says they're suing chancellor merkel in the government for failing to prevent the u.s. and britain from spying on germans or he spoke with one of the activists. we have
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strong indications that the german government had an order together with the american spies on all of our details to live at the moment even if the whole media blitz covering bad based on a very very passive and they for us it looked like they were just debating until the storm is over and that's why we want to force the federal prison prosecutor to start a real investigation on what is going on and one bound wrong and how would the governments not only the american all the others are in true invading our digitalized it's still not proven that any of these measures really help finding terrorists than all the other excuses they find and that's just a new way of power and which is some of the men pee destroying every everybody's privacy and probably vill also be of big danger for the democracy well everybody knows that sex sells and t.v.
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films and music but in japan the latest polls suggest that many may prefer virtual intimacy to actual love prompting fears of a demographic danger for the country and he's like sarah cesky explains why many japanese are getting bored in the bedroom. thanks but no sex says this japanese woman in her mid thirty's she's now on her second marriage but intimacy with her husband is off the marital menu. after i had a child with my first husband i lost interest in sex we divorced i remarried but my second husband lost interest in having sex with me so i have actually got used to having no sex it's well this is becoming a trend which now has its own name in japan sexless according to recent polls more than sixty percent of unmarried man and near half of women aged eighteen to thirty four are not in relationships more over forty five percent of women and a quarter of men aged sixteen to twenty four were not interested in having sex at all for the country with one of the world's lowest birth rates this spells huge
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demographic trouble we used to have a very large population but now we're rapidly shrinking if things carry on as they are japan's population will be half of what it is now by the year twenty fifty that would be seventy eight million we have indeed struggled to find many couples openly showing their affection in the multi-million capital of tokyo and what makes the situation even more bizarre is that japan has always been a world heavyweight when it comes to the matters of sex but your show our area in tokyo is one of the all this red light district in the world for centuries that has been thriving now its streets are practically empty for almost four hundred years it has been restricted to the locals now with japanese people having less sex the businesses here had to open their doors to foreigners. with a home ok now here she used to be called queen love and worked in one of those brothers now runs a special course called sex counseling she helps people resuscitate their basic instinct sometimes through hypnosis she even urges men to dress as women to make
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them understand what the opposite sex feels like she says the government is partly to blame for the situation taking on. the government puts. to regulation some sexual constant even sixty commercials disappears from t.v. these for us young people to go there show in their sex lives that now they have more interest in social media and dating becomes annoying to them. not only social networking but also high unemployment among the youth generates this widespread celibacy and sexual reclusion say researchers many simply have no money to date and get married young a matter just to help up to one hundred people every month but with growing numbers of those are interested in intimacy in population of one hundred sixty million this is just a drop in the ocean alexi rush of c.r.t. reporting from tokyo in japan more news still to come shortly stay with us your art
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. with creating these sustainable operations focused on making that be different from what you are advocating my term social interests and so that is what you don't want has always been the case and. businesses for hundreds of years without using the label. but i think what we're going to capitalism do. was this notion that economists brought to it which was the idea of profit months most of.
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the european union likes to think of itself as one of the brighter and fairer parts of the world the european commission report on corruption the first of its kind betrays a very different picture in every single member country there is corruption in some cases on a massive scale so what can the e.u. teach the world how corruption. is obviously more for the latest because it's pink. when they wanted to avoid great they really needed to buy guns environ how to use them i'm. sure this is the one that i want to go with them once again as the field full of women are definitely a target of the gun lobby and you don't kill them when you're killing money but if somebody would you would piss with her. i've noticed more and more if that's really scary marketing tactics which implies that women have some sort of more. obligation
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ton of guns to protect their family and young girls shoot out here too so we do have a pain course. for kids young kids choke on food than are killed by firearms if being armed made us safer in america we should be the safest nation on earth were clearly not the safest. it was terrible a normal and very hard to take out a little once again a little longer here there's a lot that we ever had that with the earthquake there was. a little.
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bit. slowly. and slowly. but. little bit. of a. think . everybody told you if you did you know the price is the only industry specifically mentioned in the constitution and. that's because a free and open press is critical to our democracy correct albus. role. in fact the single biggest threat facing our nation today is the corporate takeover of our government and across several we've been hijacked why a handful of transnational corporations will profit by destroying what our founding
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fathers one still just my job market and on this show we reveal the big picture of what's actually going on in the world we go beyond identifying the problem try rational debate and a real discussion critical issues facing and if i ever feel ready to join the movement then welcome to the big picture. i know c.n.n. the m s n b c news have taken some not slightly but the fact is i admire their commitment to cover all sides of the story just in case one of them happens to be accurate. that was funny but it's close and for the truth and might think. it's because when full attention and the mainstream media works side by side the joke is actually on here good people going
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dropped. to fifty. the battle for the olympic podium into full swing in sochi with norway leading the race so far work keeping an eye on this sports extravaganza from our own studio in the heart of the winter games. it may be a celebration of sport a time of something bad happening in sochi media setting alarm bells ringing over the olympics raising eyebrows as well as questions of whether the panic and the criticism all are justified plus in the weeks ahead live. and you know. you reportedly coming from the u.s. assistant secretary of state as she reveals washington's plans for crisis rock ukraine in a leap phone call. swiss deciding whether to keep foreigners out of the country of voting on a controversial bill introducing immigrant quotas.
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