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has finished his second term and was not eligible to take part in sunday's poll but as are his lauren lister reports it's lolo's favorite successor who could be poised to become the contra's first ever female president. welcome to brazil south home to be exact. it's the largest city in a young democracy gearing up to elect a new president this sunday but it's so much more than that. the current president is known simply as for most brazilians he's their guy already born in a country always controlled by a small group of the wealthy he was one of the poor louise ignacio lula da silva is the one who changed everything and has seen approval ratings reach eighty percent in his two terms and draws thousands of those supporters to rally for his anointed successor dilma rousseff. well no not for her track record in public service but for being lula's choice to understand why that matters so much in this country you have to travel outside the city center to the slums where the poor the working class. this is where i came to live with my dad has lived here her full life but it wasn't until the lula g
has finished his second term and was not eligible to take part in sunday's poll but as are his lauren lister reports it's lolo's favorite successor who could be poised to become the contra's first ever female president. welcome to brazil south home to be exact. it's the largest city in a young democracy gearing up to elect a new president this sunday but it's so much more than that. the current president is known simply as for most brazilians he's their guy already born in a country always...
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stopping him though lining up a successor who could become the country's first female president lauren lister is in sao paolo for us. it is a really big day as you mentioned that later lou legist silva has enjoyed eighty percent approval rating in this country over the last two terms it's because he's credited by his supporters with creating pretty much a silent revolution where the poor have had a voice and hope for the first time through a number of social programs while the same time lula catapulted brazil much further ahead in international diplomacy and trade brokering relations with latin american countries also with russia india china and the bric nations of course so today really determines which direction the country is going to continue to head lula has anointed a successor dilma rousseff who is not very well known to the brazilian people for her track record she's lula chief of staff and she's running on the fact that she's choice and that really matters in this country because though they don't know anything about her all of the supporters of low lula who you speak to in the stree
stopping him though lining up a successor who could become the country's first female president lauren lister is in sao paolo for us. it is a really big day as you mentioned that later lou legist silva has enjoyed eighty percent approval rating in this country over the last two terms it's because he's credited by his supporters with creating pretty much a silent revolution where the poor have had a voice and hope for the first time through a number of social programs while the same time lula...
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struggling to avoid a double dip recession and as aussies and lauren lister reports some countries are already riding the wave of the dollar's downfall. financial leaders are getting together from all over the world this week to figure out how to boost the global economy at the annual i.m.f. and world bank meetings but many are talking about a break up the world is. the united states as the consumer of last resort in the financial world that's not called divorce but decoupling and everyone from a flurry of wall street analysts to nobel prize winning economist joseph stiglitz are using the word now to describe this shift in power the baton is passed from countries like the united states on to countries like china brazil russia. india and beyond and you know growth in the global called leave much more depended upon those countries than on the developed economies it explains how while the u.s. economy continues to look more bleak with analysts such as goldman sachs forecasting fairly to very bad scenarios of meager one to two percent growth or an all out double dip recession i would almos
struggling to avoid a double dip recession and as aussies and lauren lister reports some countries are already riding the wave of the dollar's downfall. financial leaders are getting together from all over the world this week to figure out how to boost the global economy at the annual i.m.f. and world bank meetings but many are talking about a break up the world is. the united states as the consumer of last resort in the financial world that's not called divorce but decoupling and everyone from...
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poverty line have benefited from the current president giving them better lives and as artie's lauren lister reports from sao paulo the gap between rich and poor seems to be narrowing. in brazil there are those who live tucked away behind barbed wire walls. and those who live behind shanty cinderblock ones brazil is a rich country but the majority is poor guarded gates paved the road to that majority separating rich from poor and cementing the vast divide of inequality that in many ways is the story of latin america but in this developing nation and one of the fastest growing major economies in the world where they are pioneering deep water oil research and ethanol production for example signs of human development two are marked by a before and after before outgoing president lula da silva took office and forgot to look at the people didn't recognise the poor today the rich are en route because the poor on as poor as they were before people have an opportunity think he's increased the job market civil construction for me and for others he's giving jobs to people who didn't have it after eigh
poverty line have benefited from the current president giving them better lives and as artie's lauren lister reports from sao paulo the gap between rich and poor seems to be narrowing. in brazil there are those who live tucked away behind barbed wire walls. and those who live behind shanty cinderblock ones brazil is a rich country but the majority is poor guarded gates paved the road to that majority separating rich from poor and cementing the vast divide of inequality that in many ways is the...
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avoid currency wars at a weekend meeting of the g twenty finance ministers and south korea but as lauren lister now reports many believe the greenback remains america's ultimate war machine. the united states has waged well known wars in afghanistan. and in iraq. but some argue it's also waging a lesser known battle with the united states leading financial world war two train foreign retailer. especially to make other economies pay tribute to a war being fought not with force but with credit in this war us dollars are the bullets and they are cheap ammunition because the us federal reserve has been printing and pumping billions upon billions of them into the economy federal reserve out of balance sheet of about eight hundred fifty billion dollars and have shot up to two point one trillion dollars more than one point five trillion dollars spent buying bonds and home mortgages from banks in the last two years to try to prop up the u.s. economy this policy called quantitative easing is supposed to stimulate the economy lowering interest rates and enabling banks to lend more but it hasn't exactly h
avoid currency wars at a weekend meeting of the g twenty finance ministers and south korea but as lauren lister now reports many believe the greenback remains america's ultimate war machine. the united states has waged well known wars in afghanistan. and in iraq. but some argue it's also waging a lesser known battle with the united states leading financial world war two train foreign retailer. especially to make other economies pay tribute to a war being fought not with force but with credit in...
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financial correspondent lauren lister and one condom of the youngest and most western detainee takes the deal even guilty to war crimes in exchange for serving serving out the rest of his sentence in canada but when does a child stop being a child and become a victim and what is a child a war criminal or we're going to debate that issue in just a moment and does the u.s. have an unhealthy obsession with the wealthy we're living in the midst of an economic collapse but our down time is spent watching the rich and fabulous whether it's the real housewives or the gossip girls or any of those shows and i'm personally guilty of watching some of them myself but is their version healthy or does it keep it this keep us distracted from the real issues at hand i want to speak with an actress parian of the young turks at the end of the cho but first today's top story. now it is quite simply the biggest single leak of secret military data in history around four hundred thousand us military dispatches covering sixty years of the war and occupation of iraq the latest revelations from wiki leaks br
financial correspondent lauren lister and one condom of the youngest and most western detainee takes the deal even guilty to war crimes in exchange for serving serving out the rest of his sentence in canada but when does a child stop being a child and become a victim and what is a child a war criminal or we're going to debate that issue in just a moment and does the u.s. have an unhealthy obsession with the wealthy we're living in the midst of an economic collapse but our down time is spent...
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is financial world war that in the end may prove a losing battle lauren lister r t new york. watching r.t. live from moscow we broadcast of course twenty four seventh's you could head on to our website to see more of the world's biggest stories and some other news and analysis you can check out at our t.v. dot com right now the normally boring calm drone falls silent for a day as baikonur mourns more than seventy victims of a missile explode explosion happened some three ago. and kazakhstan's come back for a common event made its people a worldwide laughing stock meat because like the director who spilled his revenge against moore at the party dot com. let's take a look now at some other stories making headlines around the world this hour a bomber has struck at morning prayers in eastern stand killing at least six and wounding over a thousand more explosive was planted on a motorcycle as worshippers were leaving a renowned shrine soofi rather shining i should say it's believed they've been targeted because there are more mystical approach to islam clashes with militants more
is financial world war that in the end may prove a losing battle lauren lister r t new york. watching r.t. live from moscow we broadcast of course twenty four seventh's you could head on to our website to see more of the world's biggest stories and some other news and analysis you can check out at our t.v. dot com right now the normally boring calm drone falls silent for a day as baikonur mourns more than seventy victims of a missile explode explosion happened some three ago. and kazakhstan's...