network and suddenly berlusconi ended up owning about ninety five percent of the media scene in italy and with control of the information in italy berlusconi jumped into politics and would you know it ended up being the prime minister of italy and despite the fact that berlusconi has since been accused of everything from tax fraud to false accounting to corruption to bribery to perjury to mafia collusion to eighteen terrorist organizations and most recently to participating in sex parties with underage prostitutes berlusconi is still in power as prime minister he's one of the most corrupt politicians in the world and he has overseen italy's freedom of the press downgraded from free like the rest of europe in the developed world to only partly free italy is one of only two nations in the western world that doesn't have a free press a perilous crony is still in power. because he owns the media and the main difference between silvio berlusconi and rupert murdoch is that murdoch isn't interested in being a politician but the u.s. is. murdoch is interested in political power and when murdo

no but italy is a foreign country to look at it i mean it's kind of berlusconi is a media tycoon he owns ninety percent of the media there he's the murdoch of italy yeah even more than that but this is why you know this ugly old buffoon who runs a country into the ground. and the population seems happy with it because he has lots of breasts on his television shows and in all his media and porn stars that he nominates for it to run the economy and they seem all perfectly happy with that but when the i.m.f. comes and takes their gold i think somebody else is going to have the last laugh they might have had a real fun with this before but. look stacey i think this is incredibly important ken can you stay to hold you over past the break is not ok. i think i can say all right don't go away we'll be right back after this. welcome back to the kaiser and for what stacy herbert you know we were talking about the fraudulent nincompoop berlusconi of the economist magazine in a cover story just recently called the biggest jerk in europe i believe was the headline but to continue please well we're on

along with cuts to the public- sector budgets, the berlusconi government wants to boost revenue. they say privatisation will bring in billions of euros. at the same time, various taxes are to be increased. experts warn that will not stop the crisis. >> as a whole, the austerity package has been defined. but whether it will be enough is hard to say. i have the impressions are not taking a focused look at individual measures. instead, they are examining the credibility of the institutions. >> even before the vote in parliament, union members were demonstrating against the austerity measures. the opposition agrees with their position, saying that families and a modest earners will bear the heaviest burden and there are other ways to save. >> for example, we could cut the number of provinces. we spend billions on the bureaucracy. the numbers could really be reduced. and they could simply eliminate major parks, especially those of politicians and bankers. there is one thing i would like to emphasize, the economic situation in italy may be problematic, but there is no reason to panic.

let me show you the front page of one of the newspapers owned by the prime minister berlusconi. they're on the bow of the titanic as that fated ship sinks. this is in reference to a comment made yesterday saying the situation of the country finds itself in at the moment is akin to the sinking of the titanic and not everyone the first class passengers are safe. >> you can always count on him for a very colorful sound bite. and another metaphor, the iceberg is all that debt under the surface. meanwhile time is running out to raise the u.s. debt ceiling. lawmakers are still at odds. another warning about a possible downgrade of u.s. debt. this time from standard and poors, has raised the stakes even higher with no compromise on either side, the u.s. stands to run out of money on august 2nd. but perhaps there a glimmer of hope on the horizon. we'll take a look at that a little bit later on in the show. >>> so with all of that going on, investors have plenty on their plate this bring. so let's see what's happening on the stock markets. we start in europe where the they're just over a

is the only way to break the libyan deadlock the moves the splitting the nato coalition silvio berlusconi head of keep italy admits invading libya was a mistake rocher upstream did the un's vote warning foreign bombs would bring havoc in libya. said the latest count supports the. loire valley diplomat speak for a blazing row with elections just annoying months away psagot advisor said a successful war could resurrect his chances instead one paper writes libya's becoming a slow motion call crash for france's deeply unpopular president so is easy jogging for excessive sweating is understandable this is libyan spring is turning into a marathon the new bush will see paris. russia's foreign minister was in the u.s. capital this week to get clarification on washington's missile defense agenda america is steaming ahead with deployment of its anti-missile shield in europe despite objections from moscow the u.s. claims the project is aimed at protection against an attack by iran or north korea but russia feels the system could threaten its own national security moscow has suggested a joint missile

a large amount of the sort of the leftist opposition in italy through see the fact that silvio berlusconi due to many of the reasons most of which are outside of the direction school reason are well i mean he's a wounded animal at this point in time and in some ways i think he's going to be very difficult to hold his government together there are big problems in western europe the havens to be identically to the east everyone not some fortunately extend further to the prizes because the endemic the contingent seems to be spreading and we have new political leadership seeming to do with. you with r.t. live from moscow with an hour twenty minutes past the hour let's check out some of today's world news to see and police used tear gas and short rounds are going to go to disperse a crowd torch a police station in the capital a clash followed an incident on friday when a security forces fired tear gas to break up a demonstration in a mosque in the city many to museums remain unhappy with the way interim leaders are ruling the country since january's revolution that ousted president ben ali. eg

the only way mail to break the libyan deadlock the moves the splitting the nato coalition silvio berlusconi head of key partners italy admits invading libya was a mistake russia abstained did the u.s. vote. bombs would bring havoc in libya. killed support. for the election is just noise months away so voices that a successful war could resurrect his childe says instead one paper writes libby is becoming a slow motion crutch for the president. so. will this is libyan spring is turning into a. paris. in a few minutes we ask if one death can do america's afghan mission after having his eyes half brothers killed by his own guard party reports and how puts the u.s. on the back foot in tackling the taliban. the clock is ticking for america's rival politicians to agree on the next move and sorting out its soaring debt congress needs to raise a current fourteen point three trillion dollar debt ceiling to avoid defaulting and president obama wants parties to ignore their differences to avert armageddon the leading credit rating agencies are already threatening to downgrade america's aaa credit score

and italian appeals court has ordered prime minister silvio berlusconi's holding company to pay five hundred sixty million euros damages to a rival media company over bribery accusations back in one thousand nine hundred one berlusconi's firm fin invest paid a bribe to gain control of the biggest publishing company in italy which used to belong to its rival c.i.r. media group the takeover was approved by a judge who was later sentenced for corruption. time now for our russia close up to take you on a journey two thousand kilometers east of moscow. welcome to the core guyana region located in southern siberia it's home to the mountains and untouched landscapes but the natural beauty of corrigan is not appealing to many of its residents in fact entire villages are becoming ghost towns as people move to cities are these acts on a boycott are managed by one place where residents have a good reason to stay here we are in the village of chast. or grande region and for the past to an hour fifteen years its population has been steadily increasing here is the reason why. it's monday morning a

the kaiser report stacy herbert you know we were talking about that fraudulent think don't put berlusconi in the economist magazine in a cover story just recently called the biggest jerk in europe i believe was the headline but continue please well we're on the topic of media tycoons who have destroyed democracy certainly in italy and now it turns out destroyed the economy but i want to turn to murdoch everybody's covering the story of course but he's a media tycoon has who has destroyed democracies and economies based on his propaganda and i want to show how this is systemic and systematic the way he is treated by politicians and by justice around the world and why we continue to find ourselves in economic collapse all these years later and it's part of the political collapse first take a look at this picture this is rupert murdoch last weekend arrives the london. it meets with rebecca brooks who was the editor of news of the world until two thousand and three and when asked what his top priority was according to the daily mail the eighty year old media mogul gestured to mrs brooks she i

is the only way to break the libyan deadlock the moves the splitting the nato coalition silvio berlusconi head of key partly italy admits invading libya was a mistake russia abstained did the us vote was full of bombs would bring in libya to pay said the latest who can't support the love ruffle quote lloyd lee diplomats speak for a blazing row with elections just annoying months away sako advisers said a successful war could bryza wrecked his chances instead one people rights libya's becoming a slow motion call crash for france's deeply unpopular president so it is easy jogging for excessive sweating is understandable as is libyan sprint is turning into a marathon the new bush will see paris. a senior advisor to the afghan president hamid karzai and a member of parliament had been killed during a suicide attack in the capital kabul the incident comes less than a week after karr's eyes half brother was assassinated the taliban claimed responsibility for the killing describing it as one of its biggest achievements in a decade meanwhile the u.s. led coalition started handing over control of

the only way mail to break the libyan deadlock the moves of splitting the nato coalition silvio berlusconi head of keep italy admits invading libya was a mistake rocher up steam did the un's vote warning would bring havoc in libya which said belated support. loire valley diplomats speak for. with elections just more in months away psagot advisor said a successful war could resurrect his chances instead one paper writes libya's becoming a slow motion call crash for france's deeply unpopular president. so these a jogging for excessive sweating is understandable this is libyan spring is turning into a marathon and the new bush will see paris. i twenty minutes past the hour here in the russian capital you are with the weekly time is running out for american politicians to agree on the next move in sorting out its soaring debt the deadline to lift the nation's fourteen point three trillion dollars debt ceiling is looming ever closer as lawmakers struggle to find a compromise president obama is urging democrats and republicans to ignore their differences to avert armageddon leading credit rating

it to five to ten days so in fact he was doing the exact opposite so you could probably look for berlusconi to be doing the same right exactly the three day period or five day period of the trade settle when they reconcile all the buys and sells he extended it to ten days which is the exact opposite of trying to. diminish the naked short selling and supply increasing is throwing gasoline. to the naked short selling soap opera a incredibly stupid be incredibly corrupt worst see all of the above well let's stick back here with italy because greece ireland and portugal are gone or is but those countries are less than four hundred billion dollar commies now we're going we're seeing spain and italy attacks but italy is a two trillion dollar economy with two thousand tons of gold twenty four hundred tons of gold and. the second biggest position in the euro zone and that's the mother lode bethink that's been the target all along the greece the ireland portugal those are side shows there are little micro countries not much of a deal there but italy's got actual gold at the i.m.f. and the people who

only way you know it's a great libyan bad luck the moves the splitting the nato coalition silvio berlusconi head of cheap italy admits invading libya was a mistake rocher of staying with votes building bombs would bring havoc in libya which plays a belated tools to help support the kids of rough will cause. actually. you know with elections just moisten months away thought voices that a successful war could resurrect his chills is instead one paper royds libya's becoming a. cold crutch for all of the deeply unpopular president. so it is easy jogging for. people as he's a libyan supreme is to. see paris. the clock's ticking for america's rival politicians to agree on the next move in sorting out its soaring debt congress needs to raise a current fourteen point three trillion dollar debt ceiling to avoid default again president obama wants parties to ignore their differences to avert armageddon the leading credit rating agencies are already threatening to downgrade americans triple a credit score for the first time in over ten years they say there's a risk the u.s. could fail to resolve the d

meantime a large amount of the sort of the leftist opposition in italy see the fact that silvio berlusconi and many of the reasons most of which are outside of the direct fiscal reason are well i mean he's a wounded animal at this point in time and in some ways i think that he's going to be finding it very difficult to hold his government together so there are big problems in western europe behaving to be a definitely to the east of everyone not so good fortunately expect further to the prices because the epidemic the contagion seems to be spreading and we have new political leadership seeming to do with it. now let's take a look at some other stories from around the world tunisian police used tear gas and rounds into the air to disperse a crowd torched a police station in the capital the clash followed an incident on friday when security forces fired tear gas to break up a demonstration in a mosque in the city managed to remain unhappy with the way interim leaders are ruling the country since january's revolution that ousted president ben ali. foreign minister has resigned ahead of a mass

only way they'll to break the libyan deadlock the moves the splitting the nato coalition silvio berlusconi head of keep italy admits invading libya was a mistake russia abstained did the us vote with all the bombs would bring havoc in libya which would you play said the latest count support so you could have ruffle quote lloyd lead diplomat speak for. you with elections just more in months away sako advisers said a successful war could resurrect his chances instead one paper writes libya's becoming a slow motion crash for france's deeply unpopular president. is easy jogging for excessive sweating is understandable this is libyan spring is turning into a marathon the new bush will see paris. meantime a french opposition adviser says that nato campaign is moving towards an iraq style scenario with foreign boots on libyan soil. any conflict which is entering a stalemate means that you have to bring the boys on the ground that means we have to have our boys killed on the ground that means we're going to have again. and the iraqis scenario it's for sure i mean airstrikes are not sufficient to r

how large a mind that the sort of the leftist opposition in italy for see the fact that silvio berlusconi due to many of the reasons most of which are outside of the direct school reason are well i mean he's a wounded animal at this point in time and in some ways i think he's going to get very difficult to hold his government together there are big problems in western europe the havens to be more directly to the east and everyone was talking fortunately except further to the crisis because the epidemic of contagion seems to be spreading and we have no political leadership seeming to do with it. several moscow streets were impassable sunday afternoon but not because of the notorious traffic jams they were sealed off temporarily to become the realm of the fast and the furious and a high octane performance formula one drivers for and some serious problem against the amazing backdrop of the problem was it was part of the beyond your moscow city racing show featuring famous everyone stars and of the winners of the world rally championships it's a taste of things to come for a russian f one fan

meantime a large amount of the sort of the leftist opposition in italy for see the fact that silvio berlusconi due to many of the reasons we'll see which are outside of the direct school reason are well i mean he's a wounded animal at this point in time and in some ways i think he's going to be finding it very difficult to hold his government together there are big problems in western europe they havens to be more directly to the east everyone not so fortunately expect further surprises because the epidemic the contagion seems to be spreading and we have new political leadership seeming to do with it. and iraq and carrying a telescope which will be the most powerful in space has launched from the baikonur cosmodrome in kazakhstan. scientists have already nicknamed the senate three s v the green rocket because it uses kerosene and oxygen as its fuel and is environmentally friendly it will propel into orbit a new generation of space telescope that will see further than any telescope before its ten meters long and will also be capable of registering solar wind quasars black holes and neutron star

plus, set back for the italian prime minister silvio berlusconi over his bunga bunga texas parties. we will see -- sex parties. we will see what a court has decided. from the journalists of fox news, this is the fox report. just one phillips' colon health probiotic cap a day helps defends against occasional constipation, diarrhea, gas and bloating. with the strains of good bacteria to help balance your colon. you had me at "probiotic." [ female announcer ] phillips' colon health. to build a new generation of airplanes to connect the world. ♪ airplanes that fly cleaner and farther on less fuel. and make nonstop travel possible to more places. ♪ [ female announcer ] around the globe, the people of boeing are working together -- to bring us together. that's why we're here. ♪ it all happened so fast. it was clearly too late for me to do anything as my mercedes collision system automatically kicked in. the next thing i know, the mercedes stopped itself. ♪ watching what mercedes has done in bringing together these sensors in a car with software that has the ability to save your life. that

is the only way to break the libyan deadlock the moves the splitting the nato coalition silvio berlusconi head of keep italy admits invading libya was a mistake rocher up staying did the us vote will be interesting all the bombs would bring havoc in libya which would you pay said the latest tool to help support so you could have ruffle coats lloyd leads diplomats meet. with elections just annoying months away sako advisers said a successful war could resurrect his chances instead one paper writes libya's becoming a slow motion crash for france's deeply unpopular president bagels because these are jogging for excessive sweating is understandable this is libyan spring which is turning into a mouse and the new bush will see paris. venezuelan president hugo chavez is back in cuba for more cancer treatment including chemotherapy he's transferred some powers to his ministers during his absence but then agreed to opposition calls for temporary handover of all presidential authority analysts say that chavez's health problems may have serious consequences both for his country and beyond. the probl

>> well, i think the proximate cause it was dispute between berlusconi and his very well respected finance minister tremonte. but at a deeper level people are stating to say wait a second, if greece is going to default-- which an increase last week has seemed inevitable--s where it going to stop? why should i keep my none a bank in italy at 1% when i can have in the germany at .5%? that's what's putting the pressure on. >> suarez: mario, is that a good comparison? isn't the italian economy about six times the size of the greek economy? >> will, in a way it is. but, you know, i think we're also have to start to define what default is because there is lots of confusion. the markets are very volatile and investors get worried. so, now, for example as part of the negotiations germany and france would like to see the banks take a bit of a cut in their positions with greece which is a fair distribution of a shared cost. now, standard & poor's and moody's come out and says "well, if you do that, that is a default." and so people get increasingly worried. so i think we have to be very attentive at

. >>> two court hearings today forbfor berlusconi. he is accused for paying for sex with a 17-year-old girl. the judge threw out all defense motions in that case and ordered berlusconi to attend a hearing in october. >>> some scary moments for the members of classic rock band cheap trick when the -- went on stage and at the ottawa blue fest. the stage collapsed while they were performing. it happened last night during a severe thunderstorm. the group manassasager says everyone was shaken up but the band and crew were not injured. thousands of fans attended the music festival and amazingly one person was injured in all of that with the collapse of the severe weather. >>> nail biter until the end the u.s. versus japan, world cup women's final. >> depressing to watch. the summit women, dominated in the beginning. and we were all saying remember -- never beat the u.s. in a women's soccer match. well, that ended yesterday. by the time they were tied, it kate came down to penalty kicks and stunning rally. japan defeated the u.s. taking home

berlusconi is a deficit in at least two other trials. >> what if you could walk through airport securityith your shoes on and you did not have to take out your computer. a few will get the chance to do just that. we will explain ahead. [ male announcer ] this...is the network -- a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more amecans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... f greater access to all the things you want, whenever you want them. it's the at&t network... and what's possible in here is almost impossible to say. thank you very much. you're on e-trade. huntin' down stocks, bonds, etfs. oh i love etfs. look at you. why don't you show me your portfolio? i'd love to... i already logged out. oh no, it's easy, actually, to get back... see where it says history? there's a history? yeah, it'll take you right back to the site you were just on. well the last site... [ british vo ]

. >> sylvia boroughs tony -- silvlvio berlusconi has praised the austerity package has not overly tough. but the market was unenthusiastic, after standard and poor's said more substantial reforms were needed. there have long been questions about the power of the r ratin agencies, which has risen dramatically in recent years. and get the assessments are not necessarily reliable. in to dozen 9, standard and poor's degrees at a favorable credit rating -- in 2009, standard & poor's dave gray's a favorable credit rating. many in europe feel there needs to be greater competition. all three major rating agencies are in the u.s. in frankfurt, efforts are underway to establish a european agency. still, it is doubtful whether a european firm could give greece or italy a better rating right now. >> european shares posted fresh beans to extend last week's rally with the u.s. market's close to celebrate the independence day holiday. we have this summary from frankfurt. >> germany's investors started of cautious into the new week, due to an independence day in the u.s., wall street has been closed. n

silvio berlusconi's popularity has plummeted amid allegations of corruption and sex with an underagerostitutes. he rejects the allegations. the alliance suffered major losses in the local elections. prosecutors in france and started a preliminary investigion into the colain ainst dominique rauskahn filed by the french writer who says he tried to rape her in 2003. the former head of the international monetary fund already faces charges of sexual assault and attempted rape of a new york hotel maid. she stepped forward shortly after his arrest and accused him of trying to assault her in paris. he has instructed his of lawyers to file a complaint against her for slander. he has won the longest leg of the tour d france. the veteran sprinter crossed the finish line barely in front of others. >> the high road team did it all to premier their sprinter across the finish line first. it is their 17th victory. >> i am so proud of them. they were phenomenal. >> the remain intact almost all the way. the german writer intended to break away. the htc reigned him in and led cavindish in for the victo

. >> berlusconi wants to cut pay, pensions, and healthh snding. most cutsts will go into effect after his c curre term ends. portugal's new government announced belt-tightening on thursday, including a 50% tax on christmas bonuses and privatization of public assets, including the state-owned airline, banks, and utilities. the measures are a condition for fifinancl support from the e you. portugal has already gone to brussels for help. >> the passage of greece's austerity message -- austerity plan on friday. >> the european finance ministers will get the go-ahead for the payment of the next plan for greece rescue. they have lifted the mood of investors. banking shares were very positive during today's trading session. deutsche bank is well-performing despitite the fact tt german banks contribute 2.3 billion heroes for a new greek rescue fund. that is according to investors. there is good economic data out from the united states that pushed the dax into positive territory. >> it is a solid and to an impressive week. the dax closed higher. euro stock

that was said by the personal physician of berlusconi. >>> a train derailed after the conductor said he saw a bed rail and applied the brakes. no one was hurt. >>> and near syracuse, one freight train reportedly rear ended another. two workers jumped out just before the wreck. officials say they are bruised up but nothing serious. >>> terrorists are hatching an extreme strategy to get past airport security, surgicically implabi implanted explosives. the so-called belly bombs has been discussed in the past but a different official says a notorious al qaeda bombmaker is behind the new push. i do want to stress we're told there is no specific threat. >>> we're hearing new audiotapes from southwest flight 812, the flight that found itself in an emergency situation in april when a hole ripped open in the plane's roof. check out these photos that passengers on board took. you know they had to be panicking when they saw that hole. it's clear from the taped conversation between the cockpit and the control tower the pilot knew right away there was trouble. >> we need the nearest airport. >> s