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Jun 28, 2011
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protesting in athens, traders respond to hopes that the prime minister, george papandreou will pass or will see his controversial hardship measures passed in the course of today. the major european stock markets opened with gains just over an hour ago and they're still in positive territory right now. i think there is a perception on the part of people in the markets there is some plan b and also the french plan or the agreement with french banks which envisions a rollover of breek debt is also helping. but in terms of the numbers,
protesting in athens, traders respond to hopes that the prime minister, george papandreou will pass or will see his controversial hardship measures passed in the course of today. the major european stock markets opened with gains just over an hour ago and they're still in positive territory right now. i think there is a perception on the part of people in the markets there is some plan b and also the french plan or the agreement with french banks which envisions a rollover of breek debt is also...
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Jun 17, 2011
06/11
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george papandreou announced a new support for austerity measure.observers from the ecb to the white house say the potential impact from greece's financial woes goes far beyond athens and the euro-zone. >>> emergency workers in israel are searching for people who could be trapped in a building after gas canister exploded in a restaurant. four people were killed and at least 50 injured in the blast. the top floor of the four-story building collapsed. >>> thedy aster has been raised to the highest level after more heavy rains have caused floods. troops have been immobilize and more than 120 thousand people have been evacuated from the area. >>> women in saudi arabia are being urged to get behind the wheel of their cars at a protest to not drive. it's long been unacceptable to drive because of religious codes. today many women look to challenge the status quo. we're joined now. mohammed, tell us how this protest came about. >> reporter: monita, in the last few moment, women were tired of not being allowed to drive. the idea was to get women in saudi ar
george papandreou announced a new support for austerity measure.observers from the ecb to the white house say the potential impact from greece's financial woes goes far beyond athens and the euro-zone. >>> emergency workers in israel are searching for people who could be trapped in a building after gas canister exploded in a restaurant. four people were killed and at least 50 injured in the blast. the top floor of the four-story building collapsed. >>> thedy aster has been...
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Jun 16, 2011
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in his struggle to gain approval for the new austerity package, prime minister george papandreou offered to step down and make way for a unity government. he also met with the president, hoping to drum up cross-party support for the measure. >> it is a historical crucial and decisive moment. i believe national consensus is important for the country's interest. >> the measures are deeply unpopular, not just among the public. his preminger in -- his parliamentary majority has narrowed. >> his program is the wrong course. ordinary workers should not be the price for this crisis. did not start the economy -- starve the economy. >> we realize that savings must be made, but we think the people responsible for the crisis should pay, not us. >> as the sun set outside parliament in athens, protesters continued to shout, please, traders, where did our money go? greece is in for turbulent times, no matter how lawmakers end up voting. >> to go to our correspondent in athens, brian williams. prime minister papandreou wants to reshuffle his cabinet. is not going to make a difference? >> it might take
in his struggle to gain approval for the new austerity package, prime minister george papandreou offered to step down and make way for a unity government. he also met with the president, hoping to drum up cross-party support for the measure. >> it is a historical crucial and decisive moment. i believe national consensus is important for the country's interest. >> the measures are deeply unpopular, not just among the public. his preminger in -- his parliamentary majority has...
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Jun 21, 2011
06/11
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george papandreou has the governing majority of five seats, formed his new cabinet last friday, he must survive a confidence vote in parliament. if he doesn't, greece could dissolve and if the cuts are approved, expect to see a fire sale of states assets, ports, airport, as greece tries to raise $71 billion through a privatization program which is scheduled to run up to 2015. now that prospect of the privatization and more austerity measures hasn't gone down with many greeks. tens of thousands have taken strike action and protesting on the streets. the eu finance ministers and the imf say greece must have if it's to receive more bailout money. the imf warned leaders their hesitation could trigger another worldwide financial meltdown. very big stakes, nina. >> they are indeed and increasing every single day. let's get insight. joining us with more on the situation is reporter john seraputas, joins us from athens. we were speaking late last week. you were telling me how this vote of confidence is more or less a technicality. it's a crucial one. about 12 billion euros hangs in the balance
george papandreou has the governing majority of five seats, formed his new cabinet last friday, he must survive a confidence vote in parliament. if he doesn't, greece could dissolve and if the cuts are approved, expect to see a fire sale of states assets, ports, airport, as greece tries to raise $71 billion through a privatization program which is scheduled to run up to 2015. now that prospect of the privatization and more austerity measures hasn't gone down with many greeks. tens of thousands...
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Jun 30, 2011
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. >> prime minister george papandreou deliver the austerity measures, and they voted in favor of it. now, it remains to be seen if the international creditors, especially the euro zone partners, who will also deliver as part of the current huge bailout in order to secure the greek mporary survival in the months to come. in the long run, whether there will be a second bailout, 110 billion euros, that the country needs to meet se big funding goals. but also, the greek prime minister has another major hurdle, and that is whether he will be able to implement the austerity measures, and if the scenes behind me are anythingo go by, he will have a tough job with pushing through with implementing the very stringent, harsh measures that greece has been saying for a very long time they cannot bear and the lager. it is essentially crushing them. >> now, we have seen this clashing between the protesters and the police. do you think they will continue their mass demonstration? >> if the protesters industry are anything to go by, they told me the only way out of this is only for their struggle. th
. >> prime minister george papandreou deliver the austerity measures, and they voted in favor of it. now, it remains to be seen if the international creditors, especially the euro zone partners, who will also deliver as part of the current huge bailout in order to secure the greek mporary survival in the months to come. in the long run, whether there will be a second bailout, 110 billion euros, that the country needs to meet se big funding goals. but also, the greek prime minister has...
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Jun 28, 2011
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george papandreou has burst political parties to back the cuts, saying the only chance for greece toet back on. its feet >> anger at the austerity plan is clear even at some of greece's most famous landmarks. the acropolis is draped in anti- government slogans. they brace themselves for a big protest. inside, the prime minister was urging lawmakers to back the plan. listen to your soles, he told them, and your internal patriotic conscience. opposition politicians were unimpressed. groups planning to strike over the next 48 hours also condemned the government's position, warning it would lead to deep social division. >> the measures will create repeated social explosions that unfortunately will be uncontrollable. we will all experienced a social clash. it will be out of control. we do not want that to happen, but if the government insists, that is what will happen. >> the eu is clear: greece must pass a stringent austerity and tax program to obtain bailout funds needed to service its debt. the tax increases will affect everything from soft drinks to rooftops crinkles, spiking concern
george papandreou has burst political parties to back the cuts, saying the only chance for greece toet back on. its feet >> anger at the austerity plan is clear even at some of greece's most famous landmarks. the acropolis is draped in anti- government slogans. they brace themselves for a big protest. inside, the prime minister was urging lawmakers to back the plan. listen to your soles, he told them, and your internal patriotic conscience. opposition politicians were unimpressed. groups...
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Jun 17, 2011
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bu>> george papandreou cut a wey figure in his vision of saving greece from bankruptcy. it was a different version of a speech that greeks have heard many times before during the past 18 months of economic crisis. >> the changes have been painful, but the sooner we make them, the sooner we can get out of this crisis and the sooner we will be up to concentrate on our strengths. have is the luxury of desertion. this is the time for battle, and in this fight, we will fight. >> the prime minister was given a standing ovation by a large number of his socialist parliament, but some sat on their hands. that are the rebels who could bring down george papandreou when he has a vote of confidence. one of the positions to change will be the finance minister. the holder of this position did not look too troubled as he was about to lose his job. >> at this moment, there is only one goal for all of us, stability, to keep the country and the economy on its feet, to pay me without operation -- to continue without disruption to the country. >> the political turmoil has unsettled markets.
bu>> george papandreou cut a wey figure in his vision of saving greece from bankruptcy. it was a different version of a speech that greeks have heard many times before during the past 18 months of economic crisis. >> the changes have been painful, but the sooner we make them, the sooner we can get out of this crisis and the sooner we will be up to concentrate on our strengths. have is the luxury of desertion. this is the time for battle, and in this fight, we will fight. >>...
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Jun 18, 2011
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georges papandreou has promoted a main rival within his own party to a key position. >> on the bailout front, the leadsers of germany and france have come up with a compromise that could break the deadlock. they've agreed on involving the private sector in the process on a strictly voluntary basis. germany's insistence on a substantial commitment from private creditors had put it at loggerheads not only with france but with the european central bank. berlin's approach could trigger a meltdown on the markets. >> meeting at the chancellory in berlin, sarzoky and angela merkel agreed that speed was of the essence in achieving a second greek rescue package. >> france and germany want a new program in place as soon as possible. there is no time to lose. >> a deal now looks likely after chancellor merkel softened her stance, agreeing that private investors should take part on a voluntary basis, rather than being forced to tribute to a new bailout. a key demand of france and the european central bank. >> we want the involvement of private creditors on a vo i want to stress this. there is no l
georges papandreou has promoted a main rival within his own party to a key position. >> on the bailout front, the leadsers of germany and france have come up with a compromise that could break the deadlock. they've agreed on involving the private sector in the process on a strictly voluntary basis. germany's insistence on a substantial commitment from private creditors had put it at loggerheads not only with france but with the european central bank. berlin's approach could trigger a...
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Jun 21, 2011
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prime minister george papandreou and his cabinet are calling for lawmakers to back them in a vote of confidence, being debated in parliament right now. you're looking at live pictures of that. a win for the government and financial stability will be within reach, a vital cash injection and a fresh bailout from the european union and the imf should follow but defeat would make a debt default by greece an immediate possibility, one that would have dire consequences for the eu and financial markets worldwide. for more we speak to john pseropolous. what do you expect? >> reporter: i expect he will because his party is aware if enough nps effect because if he's not approved in parliament they will go directly to elections, the polls show that if the socialists were approach the greek people through elections they would not get the majority they have now. we'd probably have neither of the two major parties, the conservatives now in opposition and the socialists forming enough of the majority in parliament in order to create a government on their own and we would therefore have what's calle
prime minister george papandreou and his cabinet are calling for lawmakers to back them in a vote of confidence, being debated in parliament right now. you're looking at live pictures of that. a win for the government and financial stability will be within reach, a vital cash injection and a fresh bailout from the european union and the imf should follow but defeat would make a debt default by greece an immediate possibility, one that would have dire consequences for the eu and financial...
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Jun 22, 2011
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paves the way for prime minister george papandreou to put his radical program before lawmakers next weekures need to be in place before the eu and imf grant athens a sect bailout. >>> what is the right number? that's the question facing u.s. president barack obama as he prepares to repeal how many troops will be pulled out of afghanistan. it is a really difficult choice which is dividing opinion as brianna keilar reports. >> reporter: zain, the president is being pulled from two directions here. on one side, liberal members of his own party and even conservatives citing a war-weary public, the cost of the war in afghanistan and also recent successes against al qaeda saying those factors justify a significant drawdown of troops. on the other hand, you have the president's own military commanders who are concerned that bringing home too many troops could cause a setback in the war. president obama will tell the nation how many troops he's withdrawing from afghanistan, making good on this promise he made in december of 2009. >> these additional american and international troops will allow u
paves the way for prime minister george papandreou to put his radical program before lawmakers next weekures need to be in place before the eu and imf grant athens a sect bailout. >>> what is the right number? that's the question facing u.s. president barack obama as he prepares to repeal how many troops will be pulled out of afghanistan. it is a really difficult choice which is dividing opinion as brianna keilar reports. >> reporter: zain, the president is being pulled from two...
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Jun 16, 2011
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the main opposition wants the prime minister, george papandreou to get out, quit.s a day of violent protests in athens. look at the streets of athens yesterday and what was going on. about 25,000 demonstrators took to the streets of the capital. >>> there have also been violent clashes on the streets of vancouver in canada. hockey fans lost their cool after watching their team slump to defeat in the deciding game of the stanley cup. you would never think this is downtown vancouver. but the canucks last to the boston bruins on wednesday. they were furious, the fans of advantage kufr. they take hockey very seriously, obviously. this got completely out of hand. >>> let's take a closer look at the news that al qaeda's named a new leader, ayman al zawahiri is occupying the space left by the killing of osama bin laden. with me now is a counterterrorism expert with a think tank based in london. thanks so much for being with us. what are we going to see with al zawahiri as boss, more of the same or something different? >> this doesn't change much. even before bin laden had
the main opposition wants the prime minister, george papandreou to get out, quit.s a day of violent protests in athens. look at the streets of athens yesterday and what was going on. about 25,000 demonstrators took to the streets of the capital. >>> there have also been violent clashes on the streets of vancouver in canada. hockey fans lost their cool after watching their team slump to defeat in the deciding game of the stanley cup. you would never think this is downtown vancouver. but...
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Jun 22, 2011
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. >>> the vote of confidence in prime minister george papandreou is just the first step on a continuing marathon journey to rebuild the greek economy and its finances. by the end of the month, he and his new finance minister need to pass another round of austerity cuts. >> the prime minister offered him a poison challis because if he succeeds, the prime minister will get the credit. if he fails, then he's finished politically. by there is nothing in his track record to suggests that he can deliver large budget cuts and confront the public sector unions. >> let's look at the job cuts in the public sector which employs one in four workers. 150,000 jobs will go. for every ten retirees from public sector jobs, only one worker can be hired. so ten for one. state workers will see wage cuts of 20%. it's noted that 250,000 private sector jobs have already been lost and that unemployment is near a record 16%. it's even higher am plong greece's restless youth. at the same time, the government needs to raise rev flews, so vat which has risen to 23% will be extended to include restaura restaurantir
. >>> the vote of confidence in prime minister george papandreou is just the first step on a continuing marathon journey to rebuild the greek economy and its finances. by the end of the month, he and his new finance minister need to pass another round of austerity cuts. >> the prime minister offered him a poison challis because if he succeeds, the prime minister will get the credit. if he fails, then he's finished politically. by there is nothing in his track record to suggests...
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Jun 28, 2011
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the prime minister, george papandreou backs the cut. >> anger is clear even at some of greece's most famous landmarks. the lawmakers are urging to back the plan, listen to your souls and your patriotism. group are unimpressed, groups warning that it could lead to deep provisions. >> the measures will make for deep explosions that are uncontrollable. there will be a social class, no one knows where it would lead, we don't want that to happen, but if the government insists, that will be what happens. >> the e.u. is clear for greece to obtain the bailout funds needed for their debt. the tax will affect everything from soft drinks to roof tops and swimming pools. some positive news from athens from the french leader saying that they would provide new loans to help default. some believe that 75% of greeks are opposed to the plan. ine if mr. papandreou gets it through parliament, he has a hard sell to the people. >> the people in libya have rejected the international criminal court for crimes against humanity. and the mood covered for nato's bombing campaign. but the judge satisfied that t
the prime minister, george papandreou backs the cut. >> anger is clear even at some of greece's most famous landmarks. the lawmakers are urging to back the plan, listen to your souls and your patriotism. group are unimpressed, groups warning that it could lead to deep provisions. >> the measures will make for deep explosions that are uncontrollable. there will be a social class, no one knows where it would lead, we don't want that to happen, but if the government insists, that will...
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Jun 30, 2011
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george papandreou says it is time to face up to a historic challenge. he said the greek people do not want this to fail, because if these measures fail, greece will fail. in the event the austerity measures passed by those the handful of votes, the way is now open for greece to receive 10 billion pounds in an emergency loans and avoid bankruptcy. the response on the streets was one of fury. this woman said, let the prime minister come down here and see if he can live on 300 euros a month. european leaders say it is good for the euro zone. that may be true in the short term, but these cuts have little popular support. tonight crowds were herded into a metro station, and police showed little restraint. yes, the government one, but there are serious doubts about whether these measures can be implemented. >> hundreds of thousands of public servants from teachers to tax officers and coastguardsman to driving test examiners are going on strike to protest changes to their pensions. industrial action started a couple hours ago, but the biggest impact will be fe
george papandreou says it is time to face up to a historic challenge. he said the greek people do not want this to fail, because if these measures fail, greece will fail. in the event the austerity measures passed by those the handful of votes, the way is now open for greece to receive 10 billion pounds in an emergency loans and avoid bankruptcy. the response on the streets was one of fury. this woman said, let the prime minister come down here and see if he can live on 300 euros a month....
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Jun 17, 2011
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. >> george papandreou is fighting for his survival. he made a renewed appeal for national unity. the prime minister said he would do everything in his power to pull the country of the crisis. he vowed to continue efforts to get wider consensus for his austerity plans. he knowledge that he made mistakes but that his new cabinet would be stronger. the greek leader faces the threat of a split within his socialist party. two lawmakers resigned in protest over t austerity' planned. the party opposes a deeper spending cuts. the situation outside the parliament was calm a day after mass protests and riots. the demonstrators have left behind banners with messages such as "we will overthrow the government." the cabinet reshuffle has been met with skepticism. >> the issue is not who is the minister, the issues that we need to see a substantial answer to our problems. >> i would like elections but no other solution. papandreou cannot do what he wants. this is not up to him to make these decisions. >> no matter much margins from the political horsetrading, the imf is expected to pay out thei
. >> george papandreou is fighting for his survival. he made a renewed appeal for national unity. the prime minister said he would do everything in his power to pull the country of the crisis. he vowed to continue efforts to get wider consensus for his austerity plans. he knowledge that he made mistakes but that his new cabinet would be stronger. the greek leader faces the threat of a split within his socialist party. two lawmakers resigned in protest over t austerity' planned. the party...
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Jun 22, 2011
06/11
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a short while ago, the greek parliament supported prime minister george papandreou. >> susie: tom, that removes a lot of uncertainty and could set a positive tone for trading here tomorrow. another important factor for investors-- a key meeting of the federal reserve. the central bank kicked off a two-day meeting today and is expected to continue its policy of keeping interest rates near 0%. >> tom: investors will be looking to the fed's statement and tomorrow's news conference with chairman ben bernanke for any subtle hints about where policy is headed. darren gersh reports. >> reporter: inflation is higher than the federal reserve expected, unemployment somewhat worse, and growth a little slower. so the first order of business at their meeting this week is for fed chairman ben bernanke and his colleagues to adjust their forecast. but analysts like tom gallagher expect the fed will continue to argue the recent slow-down in economic growth is temporary. >> but i think they do have to worry that the sustained path for the economy may just be weaker than they've been anticipating. >> repo
a short while ago, the greek parliament supported prime minister george papandreou. >> susie: tom, that removes a lot of uncertainty and could set a positive tone for trading here tomorrow. another important factor for investors-- a key meeting of the federal reserve. the central bank kicked off a two-day meeting today and is expected to continue its policy of keeping interest rates near 0%. >> tom: investors will be looking to the fed's statement and tomorrow's news conference with...
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Jun 30, 2011
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despite the protests, greece's minnesota born prime minister george papandreou managed to get his austerity measures through parliament. greece is cracking economically and socially and the bigger worry here is that the collapse will trigger another economic earthquake with shocks felt round the world. mark phillips, cbs news, athens. >>> in iraq, three more american soldiers have been killed. the military says they died in a rocket attack on a u.s. base near iraq's border with iran. one military official says it appears to be the work of an iranian backed shiite militia. in all 15 u.s. troops have been killed in june, making june the deadliest month for u.s. forces there in two years. >>> on the "cbs moneywatch," stocks in asia were up today. ashley morrison is here in new york with that. good morning, ashley. >> good morning to you, betty. that's right, stocks in asia were higher this morning. tokyo's nikkei was.0.3% and hong kong's hang sang gained more than 1.5%. >>> on wall street yesterday, news of the budget crisis in greece sent the dow rising 72 points, while the nasdaq gained 11.
despite the protests, greece's minnesota born prime minister george papandreou managed to get his austerity measures through parliament. greece is cracking economically and socially and the bigger worry here is that the collapse will trigger another economic earthquake with shocks felt round the world. mark phillips, cbs news, athens. >>> in iraq, three more american soldiers have been killed. the military says they died in a rocket attack on a u.s. base near iraq's border with iran....
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Jun 30, 2011
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. >> despite the protests, greece's minnesota-born prime minister george papandreou managed to get his austerity measures through parliament, but greece is cracking, economically, and socially. and the bigger worry here is that a collapse will trigger another economic earthquake with shocks felt around the world. passing security measures and austerity measures in parliament is one thing. getting them to work in the real world is something else completely, and the greeks have failed to do that in the past. there's more legislation scheduled to be voted on tomorrow and more violence expected as well, scott. >> pelley: mark, thank you. in afghanistan today, president hamid karzai said the transition from american to afghanistan security will not slow down despite an attack on one of kabul's top hotels. at least 20 were killed, including all nine attackers. mandy clark has learned investigators are worried those attackers may have had inside help. >> reporter: it was a bold attack that turned into a five- hour running battle on the grounds of one kabul's best- known hotels. the taliban in
. >> despite the protests, greece's minnesota-born prime minister george papandreou managed to get his austerity measures through parliament, but greece is cracking, economically, and socially. and the bigger worry here is that a collapse will trigger another economic earthquake with shocks felt around the world. passing security measures and austerity measures in parliament is one thing. getting them to work in the real world is something else completely, and the greeks have failed to do...
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Jun 18, 2011
06/11
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facing violent unrest, prime minister george papandreou dumped his finance minister. a desperate gamble that a new team could more easily push through austerity measures and so prevent a devastating default. outside parliament, the protesters remain at the gates. late evening, they were sitting in. they had heard that the new finance minister might try and negotiate with his european paymasters to soften some of the reforms. the protesters were skeptical. the mood here was uncompromising. no more austerity. >> the more austerity you have, people are more unemployed. we have less to spend and the economy is collapsing. it's an obvious thing. >> the protesters who have been camping here for weeks are trying to make it impossible for the government to implement cuts. away from these tent protests here in greece, they have also been divisions elsewhere in europe about how to resolve this crisis. germany and france, the big beasts in the euro zone, haven't seen eye to eye on this and today their two leaders were meeting in berlin. the smiles didn't disguise the tension bet
facing violent unrest, prime minister george papandreou dumped his finance minister. a desperate gamble that a new team could more easily push through austerity measures and so prevent a devastating default. outside parliament, the protesters remain at the gates. late evening, they were sitting in. they had heard that the new finance minister might try and negotiate with his european paymasters to soften some of the reforms. the protesters were skeptical. the mood here was uncompromising. no...
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Jun 29, 2011
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to be approved with support from ruling party lawmakers since the cabinet of prime minister george papandreou survived a no confidence vote last week. tensions remain high as labor unions plan massive rallies on wednesday in front of the parliament building. >>> time to check on some of the stories we've gathered from broadcasters around asia. we begin with this item sent by irib iran. iran began ten days of military exercises on monday to confirm the effectiveness of the missile defense system it has developed. on the second day, nine ground-to-ground missiles were fired, almost simultaneously. including a long range shahab 3 missile. the shahab 3 which uses liquid fuel, has a range up to 2,000 kilometers and can carry a 760 kilogram warhead. on monday, the revolutionary guard unveiled underground sigh lows silos for iran's ballistic missiles. for the past 15 years, the army has been using silos developed without outside assistance. >>> an art exhibition has opened in beijing to mark the beginning of the founding of china's communist party, which will be held on friday. the exhibition featur
to be approved with support from ruling party lawmakers since the cabinet of prime minister george papandreou survived a no confidence vote last week. tensions remain high as labor unions plan massive rallies on wednesday in front of the parliament building. >>> time to check on some of the stories we've gathered from broadcasters around asia. we begin with this item sent by irib iran. iran began ten days of military exercises on monday to confirm the effectiveness of the missile...
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george papandreou has lost legitimacy in the greys and as a prime minister he is a dead man walking at the moment and the present from the european union is tremendous we would talk about the blackmail i guess the greek government because they say that on listen you vote for this outrageous bill tomorrow enough and there will be no more loans and greece who will be left to default my petrol opinion is the this is a bluff from european union because if we agrees to goes before the then we'll have a domino effect or i guess the euro that will be a disaster for european union at large but unfortunately our government has not the narrower than bluff and this is the difficult part of the story in five years' time greece has to pay just for him there is no two for there is finance of the original loans just for interest at about one hundred thirty billion euros while the loan for the alleged bailout of greece was only one hundred and then beating on euros. this interest payments would be more than the sum of what we pay for a duke is for health and or social insurance because you see what th
george papandreou has lost legitimacy in the greys and as a prime minister he is a dead man walking at the moment and the present from the european union is tremendous we would talk about the blackmail i guess the greek government because they say that on listen you vote for this outrageous bill tomorrow enough and there will be no more loans and greece who will be left to default my petrol opinion is the this is a bluff from european union because if we agrees to goes before the then we'll...
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george papandreou has lost legitimacy and agrees and as a prime minister he is a dead man walking at the moment presser from the european union is tremendous. talk about blackmail i guess that we could go over men because they see that i'm listening to you fall for this outrageous view there will be no more chaos and greece who will be left before my trial opinion is the this is a bluff from european union because if we greece goes before then we'll have a. i guess the euro. will be a disaster for european union at large but unfortunately our government has not the narrow golden globe and this is the difficult part of the story because you see the memorandums and there is very good package is the result is the. golden eggs of development and this is unsustainable. but the greek turmoil is one of the first problems in the interim head of the international monetary fund the french finance minister christine lagarde she won the overwhelming support of your u.s. russia china making clear favorites washington correspondent. has more on the implications of the global economy. christine lag
george papandreou has lost legitimacy and agrees and as a prime minister he is a dead man walking at the moment presser from the european union is tremendous. talk about blackmail i guess that we could go over men because they see that i'm listening to you fall for this outrageous view there will be no more chaos and greece who will be left before my trial opinion is the this is a bluff from european union because if we greece goes before then we'll have a. i guess the euro. will be a disaster...
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seek a vote of confidence in parliament a new government is expected to be sworn in on friday george papandreou has been pushing for more cuts to secure billions of euros in a second e.u. bailout its part and get an inspiration is on wednesday the people for a natural bombs and the police responding with tear gas. but we have updates on what's happening in greece on our web site at the moment but we're right in the thick of it now dot com you can watch our video reports from the most recent angry protesters the r.t. news crew feel the force of police tear gas in central athens. also bear in mind a big step forward current would mark the day nearly fifty years ago over russian cosmonaut and valentino discovered becoming the first woman in space but also online at the moment the june moon turns will ruin much of the world with this the space spectacular overnight with the longest and darkest numeric clips in a decade we've got the pictures boy and artie dot com online all the time. if. you. when working in the planet's most remote and him as possible conditions it's key that everyone gets along a
seek a vote of confidence in parliament a new government is expected to be sworn in on friday george papandreou has been pushing for more cuts to secure billions of euros in a second e.u. bailout its part and get an inspiration is on wednesday the people for a natural bombs and the police responding with tear gas. but we have updates on what's happening in greece on our web site at the moment but we're right in the thick of it now dot com you can watch our video reports from the most recent...
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where the prime minister is promising major changes to the cabinet george papandreou says that he is even ready to quit if whoever takes over carries on with the financial obligations the country owes the international community his declaration came after a day of protests with police firing tear gas at angry crowds reports now from inside the clashes in athens. between the police and the protesters still going on in the. building by the crowd. that is trying to living. cut along the side flare that was building for a time. people him wanting that he was going to go to the name of the place trying to find out that violence still breaking out no if i see be not still by a lot of the people on the streets he's the nice people just implied with the gas must tell they really don't want anyone still that it's been said that the people who have the high and mighty provoking the police people still missing back on the central state even though you can't take us to link sets off by the place they turned out to protest against the protests to start team i said there i go about the economic si
where the prime minister is promising major changes to the cabinet george papandreou says that he is even ready to quit if whoever takes over carries on with the financial obligations the country owes the international community his declaration came after a day of protests with police firing tear gas at angry crowds reports now from inside the clashes in athens. between the police and the protesters still going on in the. building by the crowd. that is trying to living. cut along the side flare...
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vote of confidence in the parliament the new government is expected to be sworn in on friday george papandreou has been pushing for more cuts to secure billions of euros in a second bailout it sparked massive demonstrations are filled with anger in athens on wednesday people throwing petrol bombs and the police are responding with tear gas. but we have updates on what's happening in greece on our web site and there we are right in the thick of it at r.t. com you can watch our video reports from the most recent angry protests as they are seeing news crew feel the force of police tear gas in central athens. also a line a big step for womankind remarkable day nearly fifty years ago for that russian cosmonaut valentino tarrasque over becoming the first woman in space. and the june moon it turns a moon much of the world witnessed a space spectacular overnight with the longest and darkest. a lunar eclipse in a decade we've got all the pictures the stunning pictures are all at sea dot com. a. quarter past the hour now here in moscow you without say it when working in the planet's most remote and inho
vote of confidence in the parliament the new government is expected to be sworn in on friday george papandreou has been pushing for more cuts to secure billions of euros in a second bailout it sparked massive demonstrations are filled with anger in athens on wednesday people throwing petrol bombs and the police are responding with tear gas. but we have updates on what's happening in greece on our web site and there we are right in the thick of it at r.t. com you can watch our video reports from...
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this guy three weeks of rioting in the streets greek prime minister george papandreou is keeping his job and he narrowly survived a no confidence vote in the greek parliament yesterday the world watched the vote closely as greece is on the edge of defaulting on its debts and must pass austerity measures like spending cuts and state privatization to receive a bailout from the european union and the international monetary fund if greece defaults it could trigger a financial crisis across all of europe and the greek people have expressed outrage at the sturdy agenda of the targets mostly working class families but less the banks who caused the financial mess with altogether in austerity measure or agenda i might add that is similar to conservative policies that were put in place in the u.k. earlier this year and are already shrinking and damaging the british economy people of greece are not having they've shut down their country was strikes and violent unrest in the streets so what's next for greece and for the rest of europe for the . and are austerity measures really the best way to d
this guy three weeks of rioting in the streets greek prime minister george papandreou is keeping his job and he narrowly survived a no confidence vote in the greek parliament yesterday the world watched the vote closely as greece is on the edge of defaulting on its debts and must pass austerity measures like spending cuts and state privatization to receive a bailout from the european union and the international monetary fund if greece defaults it could trigger a financial crisis across all of...
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the view of a petraeus papa constantino columnist for the athens based newspaper party really george papandreou has lost legitimacy and agrees and as a prime minister he is a dead man walking at the moment the pressure from the european union is tremendous we would talk about the blackmail against the greek government because they say that listen you bald for this outrageous there will be no more. greece who will be left before my trial opinion is the this is a bluff from european union because if we agree to goes before then it will have a domino afraid i guess the euro will be a disaster for european union. but unfortunately our government has not been there all of them and this is the difficult part of the story because you see the memorandum sent there was very the package is the result is the. golden eggs of development and this is unsustainable for the greek turmoil is one of the first problems in the in trail you head of the international monetary fund french finance minister christine lagarde she might have won overwhelming support in the i.m.f. but many analysts think another european
the view of a petraeus papa constantino columnist for the athens based newspaper party really george papandreou has lost legitimacy and agrees and as a prime minister he is a dead man walking at the moment the pressure from the european union is tremendous we would talk about the blackmail against the greek government because they say that listen you bald for this outrageous there will be no more. greece who will be left before my trial opinion is the this is a bluff from european union because...
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george papandreou has lost legitimacy and agrees and as a prime minister he is a dead man walking at the moment there present from the european union is tremendous. luck may lie against the greek government because they say that unless you've called for these outrages there will be no more groans and greece who will be left before my trial opinion is the this is a bluff from european union because if we agreed to goes before then it will have a domino afraid i guess the euro. will be a disaster for european union at large but unfortunately our government has not been there all of them and this is the difficult part of the story because you see the memorandum sent there was very the package is the result is the. gold that eggs of development and this is unsustainable well the greek turmoil is one of the first problems in the in trade head of the international monetary fund the french finance minister christine lagarde she won the overwhelming support of europe u.s. russia china making her clear favorites washington correspondent and she can has more on the implications of the point an
george papandreou has lost legitimacy and agrees and as a prime minister he is a dead man walking at the moment there present from the european union is tremendous. luck may lie against the greek government because they say that unless you've called for these outrages there will be no more groans and greece who will be left before my trial opinion is the this is a bluff from european union because if we agreed to goes before then it will have a domino afraid i guess the euro. will be a disaster...
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george papandreou has lost legitimacy and agrees and as the prime minister he is a dead man walking out of the moment the pressure from the european union is tremendous we would talk about the blackmail against the greek government because they see that on lissie you fall for this outrageous view there will be no more and greece who will be left before my professional opinion is the this is a bluff from european union because if we agree to goes before then. i guess the euro. will be a disaster for european union. and unfortunately our government has not been there all of them and this is the difficult part of the story because you see the memorandum sent there was very good packages result is the key. export development and this is unsustainable. the greek turmoil is one of the first problems in the trail you had in the international monetary fund french finance minister christine lagarde she might have won overwhelmingly support and that many analysts think another year. favorable treatment for some countries over others. christine lagarde appointment keeps a european at the head of t
george papandreou has lost legitimacy and agrees and as the prime minister he is a dead man walking out of the moment the pressure from the european union is tremendous we would talk about the blackmail against the greek government because they see that on lissie you fall for this outrageous view there will be no more and greece who will be left before my professional opinion is the this is a bluff from european union because if we agree to goes before then. i guess the euro. will be a disaster...
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seek a vote of confidence in parliament or the government is expected to be sworn in on friday george papandreou has been pushing for more cuts to secure billions of euros in a second round of its part to agree demonstrations in athens on wednesday people for the bombs under police perspiring with to get. and by the way we have updates on what's happening in greece on our web site for you and we're right in the thick of it there it's called com you can watch old video reports from the most recent angry protests as the r.t.e. news crew feel the force of police tear gas in central athens. also on a big step for womankind we mark the day nearly fifty years ago russian cosmonauts valentino becoming the first woman in space. and also on the website of the june turns maroon much of the world witnessed a spy spectacular overnight with the longest and darkest i mean or eclipse in a decade but the pictures for you and all to dot com. well next it's the business news with the rap rap part i should say of the day but this form stay with us for that. and i welcome to our business report this hour all eyes a
seek a vote of confidence in parliament or the government is expected to be sworn in on friday george papandreou has been pushing for more cuts to secure billions of euros in a second round of its part to agree demonstrations in athens on wednesday people for the bombs under police perspiring with to get. and by the way we have updates on what's happening in greece on our web site for you and we're right in the thick of it there it's called com you can watch old video reports from the most...
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seek a vote of confidence in parliament the new government is expected to be sworn in on friday george papandreou has been pushing for more cuts to secure billions of euros in a second bailout it's demonstrations in athens on wednesday with people throwing petrol bombs and the police responding with tear gas. but we have updates on what's happening in greece on our web site and we are right in the thick of it at r.t. dot com and watch our video reports from the most recent angry protests news crew feel the force of police tear gas in central athens. also online at r.t. dot com a big step for women to mark the day nearly fifty years ago russian cosmonaut valentino. becoming the first woman in space. and that the june moon returns a maroon much of the world witnessed a space spectacular overnight with a long dark lunar eclipse in a decade we've got stunning pictures at r.t. dot com. you without say now when working in the planet's most remote and inhospitable conditions it's key that everybody gets along and in antarctica the international workers that have called that down to a fine arts thomas wa
seek a vote of confidence in parliament the new government is expected to be sworn in on friday george papandreou has been pushing for more cuts to secure billions of euros in a second bailout it's demonstrations in athens on wednesday with people throwing petrol bombs and the police responding with tear gas. but we have updates on what's happening in greece on our web site and we are right in the thick of it at r.t. dot com and watch our video reports from the most recent angry protests news...
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and seek a vote of confidence in parliament after coalition talks with opposition parties fail george papandreou has been trying to push through more cuts to secure a second e.u. and i.m.f. hand plan stands over twenty five thousand angry people into the streets of athens wednesday while guineans held a general strike protesters clashed with police and fire tear gas at demonstrators threw rocks and petrol bombs there were a number of arrests and injuries some of the protesters tried to block a holland to stop in peace from voting on a new scared plan british. is the bailout isn't going to help the greek people because it's only there to save the banks. one of the reasons that everybody is so determined to keep greece in the euro is so that the banks don't have to take a serious hit all their faults he made big policy so something has gone seriously wrong with the banking system it's almost as if there was no other holy alliance of politicians and bankers versus all three people i'm sure that's what the people on the streets of athens today feel like don't think the banking crisis is over i suspe
and seek a vote of confidence in parliament after coalition talks with opposition parties fail george papandreou has been trying to push through more cuts to secure a second e.u. and i.m.f. hand plan stands over twenty five thousand angry people into the streets of athens wednesday while guineans held a general strike protesters clashed with police and fire tear gas at demonstrators threw rocks and petrol bombs there were a number of arrests and injuries some of the protesters tried to block a...
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vote of confidence in the parliament the new government is expected to be sworn in on friday george papandreou has been pushing for more cuts to secure billions of euros in a second the e.u. bailout it's angry demonstrations in athens on wednesday with people throwing petrol bombs on the police responding with tear gas. well when they're working in the planet's most remote and inhospitable conditions it's key that everyone gets along and antartica the international workers there have got that down to a fine art. almost washed out different countries teams go to the ends of the earth to help one another. in the icy waters of the antarctic this research vessel was damaged in some very rough seas going to sea is never easy it always involves risk we ran into a storm and had some trouble with our rudder so we came into this choice for a base where we're having the chilean supply in parts and where the russian bases offered help and other bases around have offered any help that's the kind of international cooperation that we get me antarctic which we may not get in other places because of its remot
vote of confidence in the parliament the new government is expected to be sworn in on friday george papandreou has been pushing for more cuts to secure billions of euros in a second the e.u. bailout it's angry demonstrations in athens on wednesday with people throwing petrol bombs on the police responding with tear gas. well when they're working in the planet's most remote and inhospitable conditions it's key that everyone gets along and antartica the international workers there have got that...
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george papandreou has lost legitimacy and agrees and as a prime minister he is a dead man walking at the moment from the european union is tremendous. talk about blackmail i guess the greek government because they say that i'm listening to you for this outrageous. moral enough and there will be no more chaos and greece who will be left before. this is a bluff from european union because if we agree to goes before then we'll have a domino effect i guess the euro that will be a disaster for european union at large but unfortunately our government has not been. and this is a difficult part of the story because you see the memorandum sent there was very the package is result is the. golden eggs of development and this is unsustainable now the international monetary fund has picked a french finance minister christine lagarde as its new boss well she was backed by europe the u.s. russia and china making her the clear favorite are washington correspondent has more on this. the tradition of having a european in the position of the head of the world's top lender. remains intact at times of cr
george papandreou has lost legitimacy and agrees and as a prime minister he is a dead man walking at the moment from the european union is tremendous. talk about blackmail i guess the greek government because they say that i'm listening to you for this outrageous. moral enough and there will be no more chaos and greece who will be left before. this is a bluff from european union because if we agree to goes before then we'll have a domino effect i guess the euro that will be a disaster for...
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unpopular economic reforms the current defense minister will take over the post prime minister george papandreou wants more austerity cuts to secure billions of euros in a second bailout the leaders of germany and france have expressed support for the greek government actions. china has raised its disaster alert to the highest level after days of downpours and severe flooding over half a million people in the central and southern part of the country were forced from their homes say the disaster is in several areas is the worst of almost sixty years with flood waters cutting off roads ruining crops and destroying villages extreme weather has left almost two hundred people dead or missing since the beginning of june in china. syrian security forces have expanded their assault in the northwest of the country deploying tanks around several towns it's forced more people to flee raising the estimated number of refugees to almost nine thousand u.n. secretary general ban ki-moon is urged president assad to quote stop killing people and gaging dialogue activists say more than fourteen hundred have died s
unpopular economic reforms the current defense minister will take over the post prime minister george papandreou wants more austerity cuts to secure billions of euros in a second bailout the leaders of germany and france have expressed support for the greek government actions. china has raised its disaster alert to the highest level after days of downpours and severe flooding over half a million people in the central and southern part of the country were forced from their homes say the disaster...
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george papandreou has lost legitimacy in the greys and as a prime minister here is a dead man walking at the moment from the european union is tremendous. talk about blackmail i guess the greek government because they say that i'm listening to you for this outrageous below the moral enough and there will be no more. greece who will be left before. this is a bluff from european union because if we greece goes before then it will have a domino effect or i guess the euro that will be a disaster for european union at large but unfortunately our government has not the narrow golden globe and this is the difficult part of the story because you see the memorandums and there was there in the package is the result is the. golden eggs of development and this is unsustainable. well the struggle in athens to keep the euro alive has some nations who have long wanted to join the e.u. asking a new question is it even worth it artie's tom barton reports. let your kid turkey is in asia minor not in europe turkey's place is not inside the european union turkey started seeking integration with europe in
george papandreou has lost legitimacy in the greys and as a prime minister here is a dead man walking at the moment from the european union is tremendous. talk about blackmail i guess the greek government because they say that i'm listening to you for this outrageous below the moral enough and there will be no more. greece who will be left before. this is a bluff from european union because if we greece goes before then it will have a domino effect or i guess the euro that will be a disaster...
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george papandreou has lost legitimacy and agrees and as a prime minister he is a dead man walking at the moment the pressure from the european union is tremendous we would talk about the blackmail i guess that we could go over because they say that listen you vote for this outrageous below there will be no more loans and greece who will be left to default my professional opinion is the this is a bluff from european union because greece goes before then. i guess the euro. will be a disaster for european union. and unfortunately our government has not been because of them and. this is the difficult part of the story because you see the memorandum so there was very good package is a result is the. example of development this is unsustainable. but the greek turmoil is one of the first problems in the in trail the new head of the international monetary fund french of finance minister christine lagarde she might have an overwhelming support there but many on this think and other european means more favorable treatment for some countries over others what is going on the ports. christine lag
george papandreou has lost legitimacy and agrees and as a prime minister he is a dead man walking at the moment the pressure from the european union is tremendous we would talk about the blackmail i guess that we could go over because they say that listen you vote for this outrageous below there will be no more loans and greece who will be left to default my professional opinion is the this is a bluff from european union because greece goes before then. i guess the euro. will be a disaster for...
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seek a vote of confidence in parliament the new government is expected to be sworn in on friday george papandreou has been pushing for more cuts to secure billions of euros in the second. spot and you can stray sions in athens on wednesday with people throwing petrol bombs and police responding with tear gas. well i just remind you we have updates on what's happening there in greece at the moment on our website and you can see that we're right in the thick of it there on our team com you can watch our video reports from the most recent angry protesters the news crew feel the force of police tear gas there in central athens and also online at the moment a big step for womankind among the daily fifty years ago of russian cosmonaut valentino telescope becoming the first woman in space and it will be a space the june turns were room much of the world that witnessed the space spectacular the dark as lunar eclipse in a decade and we've got the pictures for you in case you missed it. dot com. well i'll be back with a recap of our top stories in less than ten minutes from now but first we speak exclusive
seek a vote of confidence in parliament the new government is expected to be sworn in on friday george papandreou has been pushing for more cuts to secure billions of euros in the second. spot and you can stray sions in athens on wednesday with people throwing petrol bombs and police responding with tear gas. well i just remind you we have updates on what's happening there in greece at the moment on our website and you can see that we're right in the thick of it there on our team com you can...