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tv   [untitled]    November 11, 2010 3:00pm-3:30pm EST

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crisis is the main theme that of course means money the summit kicked off with a business forum in there president medvedev urged the g twenty to create a favorable environment for medium and small business does he really believes that that will get global recovery going in the first day is very much set up for bilateral meetings president medvedev met with british prime minister david cameron there the dialogue very positive both saying they see eye to eye on many of the top priorities of the g. twenty and of course the top top priority is the economy and you can't talk about without china president medvedev did meet with president hu jintao in bear they most likely spoke about the u.s. fiscal policy which the world is not very happy about right now the u.s. of course demanding and pushing very hard leon china to revalue its currency while at the same time pumping six hundred billion dollars into its own economy of course devaluing the dollar so there is an air of hypocrisy and leaders around the world are seeing this protesters are seeing this artie's alice hebert takes
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a closer look at this high stakes battle for the world's currencies there will be plenty of soul searching at this g. twenty for the south korean capital it on the lines its economic awakening but there are may just spots around his country circle the wagons while others try to cool the shelves then there's the problem to the north this is g. twenty is being billed as the financial coming out of to south korea proof of just how far the country's come in the nearly sixty years since the end of the korean war once poorer than its an old and communist neighbor and now the thirteen alone just economy in the wilds north korea may just fool kilometers north of this freedom bridge in demilitarized zone but economically the to paul's the threat from the democratic people's republic was particularly large and so is it taking any.
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non-theists with security forces on high alert but it's another conflict on the g. twenty leaders minds the outbreak of the so-called currency war the us lead the charge accusing china of choosing world trade by also officially weakening its currency it wants the one to be pulsed it the united states is going to try and saying we want you to commit economic suicide just like japan did we want you to follow the same thing we want you to revalue their currency we want you to squeeze your companies we want you to go bankrupt while you can imagine what the chinese are saying they're laughing they're thinking you know are you guys and yet washington stands accused of allowing its own dollar to twin walling emerging markets whose own currencies are rising strongly and damaging their export competitiveness can plagues intensified after the third reserve announced a second print run of six hundred billion dollars the quantitative easing designed to get cash flowing but with other economies warry will flood their markets
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russia's president medvedev wants the summit to agree that when countries like the u.s. take big steps to save themselves that they consider the ripples it causes and get permission from the g. twenty first the russian position is that we need more coordinated approach we don't want surprises from partners. we want. a more. central bank. and great some stability in the markets among other leading critics of germany the world's fourth largest economy its finance minister calling the us helpless i don't think the u.s. is making its case any stronger through the measures that is taking through printing dollars to weaken its own currency because that looks far too much like a competitive devaluation welcome to european. countries see it as
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a dangerous move because what it could do is increase the capital control around the world but that's not what barack obama wants to hear the president's call for germany along with china and japan to rely last fall bad dominant export markets and spend more and who is pulling all of death is the truth is that no one is happy with today's international monetary system especially the dominance of the dollar as a reserve currency and america's management of it and what business leaders want the g twenty to realize is that nations will have to fight their natural urge to try and protect their own countries trade it should boost foreign investment alistair bits r.t. sells out korea next tonight is the latest twist in the summer's big spy scandal a russian newspaper says it's discovered the identity of a man who exposed eleven russian agents working in the united states the congress on daily claims it was a former foreign intelligence service employee but so far has been no official
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comment about that r.t.c. go to his kind of picks up the story. commuter sun newspaper claims to have held its own investigation and the see that coleman should have bought a call from an officer of the russian foreign intelligence service was a double agent it was him responsible for blowing the cover on his colleagues in the united states last summer which resulted basically in the biggest spy scandal between moscow and washington since the cold war era the newspaper says that before this scandal erupted paula should walk off was offered a promotion by russian authorities which she rejected possibly because he had to take a lie detector test which could have revealed his activities as a double agent and also reportedly so a month before the scandal should walk off daughter who left russia to the united states. and also this could put to him that she might have known that something was about to happen in june american authorities announced that they were arrested
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a group of people suspected of being secret or russian agents who worked in the united states undercover for years in some cases for decades and they've all been arrested or found guilty by a u.s. court of being unregistered foreign agents and deported from the united states to russia in exchange for four people who are serving time here after having been found guilty of being foreign spies back then this summer everybody was talking about it on a chopper and one of the people in that group deported from the united states a very successful young business woman everybody started calling her the russian james bond girl and she really got most of the media attention now became a sun newspaper and is now also focusing on the one of the members of that group of deported from of the united states this man has already been deemed a super agent and this is mikhail was soon cool left of the soviet union back in
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the nineteen sixty's first to spain and then to latin america. he became a photographer and it became known under the name of one. traveled to the united states became acquainted with lots of politicians and other officials and this man reportedly denied to being a russian agent up to the very end and it was actually. who presented to the secret materials proving. it was a russian agent and it was all me very in that he actually said it is a real mean to the investigation so some really interesting details are now emerging despite the fact that the scandal itself erupted just several months ago. coming up in a few minutes or an r.t. tonight shooting the military machine a decade of war leaving the u.s. army stretched thin no recruiters accusing the explosion of war heroes memories to find a war for the front line head also. races into the
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formula one world with the country's first super car maker buying a stake in a formula one t.v. . the mail bomb sent from yemen and intercepted in the u.k. in dubai last month spread panic around the world but now reports have surfaced suggesting they weren't bombs at all but simply a hoax by intelligence services to claim good from a foil the attack officials who said the packages were addressed to chicago's synagogues last hour i spoke to investigative journalist wayne madsen for his take on what's going on. well i think we have to look back at past instance for example the underwear bomber flying to detroit from amsterdam who was allowed to basically board the plane no questions asked we had the times square physical bomber where something fizzled in times square and and the guy was sitting there waiting to take off at kennedy airport and when the federal agents came in he said i've been
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expecting you know what took you so long i mean here's another case now we're being told that this u.p.s. cargo flight was either going to blow up over new jersey new york maybe upstate new york maybe pennsylvania and maybe canada it seems like once again we've gotten one of the stories that may have been engineered prior to the election we're always sitting here in washington waiting for october surprises before major elections and this may have been another october surprise i think the other incident interesting thing with this bomb that was supposedly found at east midlands airport prime minister david cameron was not informed for sixteen hours that this was such a major terrorist incident why did not he and the cobra team meet immediately to discuss this why did they wait sixteen hours this thing started to sound like the fake infamous shampoo bombs from flights from britain to the united states which only resulted in a lot of airport security people obtaining
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a lot of very expensive liquor from the duty free shops when the passengers were not allowed to board the planes with it when this all kicked all through the day i was on shift most of it was that when i was watching the other news channels. to get on to this story the old job very very quickly got a lot of coverage to it didn't say what do we know about the counter allegations these people saying that this didn't happen the decentest of the story if you like what is the prove what why did they know any more than anyone else. well i think people don't you know there's always a very quick reaction to jump on to all these terrorist related stories obviously. maybe that some governments and some intelligence agencies have cried wolf one too many times so i think when we're seeing skepticism and cynicism about these reports i think it's because they've inundated the public with so many of these false flag stories people maybe start to be getting wise to him and maybe some people in the intelligence community are starting to leak the truth to blogs
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and things like that but why is this story going to go just then we can hear a lot more on it. i don't think so there now in the united arab emirates is now looking at the incident with the crash of a u.p.s. plane in dubai we were first told that that was there was no terrorism involved but they're looking at that. but i think we've seen skepticism from the government of god or from yemen from the united arab emirates i think we're going to have to wait to see if there is any some real smoking gun evidence that comes out right now it's all very anecdotal and can conjecture all at this point investigative journalist way muds talking to me the. doctors treating russian journalist all the cash should have brought him out of a coma the report was savagely beaten in moscow last week because wife says he's still a long way from making a full recovery dozens of cash and supporters have been gathering in central moscow . reports. protesters have been gathering throughout russia's
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capital demanding a couple of things first of all they want greater protections for journalists secondly they want to have a speedy and thorough investigation into the savage beating of reporter and blogger oleg caution now he was severely beaten just steps outside his apartment building early saturday morning and witnesses say that two min were standing outside currently waiting for him and one of the alleged was holding a bouquet of flowers which concealed a rod that was relator used to beat caution for more than a minute he suffered severe head injuries and broken bones including a leg and an upper and lower job he has now awakened from this medically induced coma we're told that he can answer yes and no questions that he knows his name to he remembers what happens to him i would doctors are saying that they don't think that he has any severe brain damage but it's too early to tell if there are any
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they going to be the long term effects were still early in the investigation but so far this case has been transferred to the country's top investigators they have a very good track record and they have experience with dealing with high profile cases so far forty people have been interviewed but so far a suspect list has not been released. tracy province our correspondent there and if you will refresh yourself about the story the whole unfortunate saga of the last week of all expression you can it's on our home page on t v dot com let us know what you think about it as well discussion by torah which online tonight as israel battles international pressure to turn down its controversial west bank wall others find ways to exploit the situation and. the background. from garman studied kitchen utensils the limited edition sports car farmer what the super rich are splashing out of moscow's million might think it's all a bit pointless but i bet you've come to resist something. and look it's at our
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team dot com and i have a picture that. it's veteran's day in the united states of the military is hoping to boost its numbers by capitalizing on public a motion for war heroes army video games and parades are among the tools aimed at young people from poor neighborhoods as recruiters try to fill their quotas artie's lauren list of met in iraq veteran who says that he couldn't take any more war that others shouldn't have to either. autumn in new york the leaves red and yellow reminders that seasons change green becomes obsolete for people to meet sergeant sure row first name out this u.s. army all formerly and now there are vets who are anti military i'm one of them you know there are vets who are anti american specifically because of what they experienced and i'm one of them he keeps moving forward as a college student and activist trying to create change. because he can't turn back time i came to that conclusion that personal conclusion that we were actually not
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just we hadn't just made a mistake but we were and continue to be in violation of the law to wage the war in iraq that i said it is imperative that i not go though mathis took the military head on resistance even if more quiet is becoming more common since two thousand and four the number of soldiers who have gone a wall in the u.s. army has gone up two hundred thirty four percent according to an army report i would say it's an extra probably linked to the wars in iraq and afghanistan to repeat deployments to even abuse within the military realities perhaps not told to young people when they enlist but use a lot of different underhanded tactics to recruit youth into the military here you can see for some of those after we already n.b.a. basketball game behind me the west point military academy drill team is performing because it's military appreciation night sponsored by the u.s. army and it's also
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a student rewards night were students as young as grade school had been given free tickets to the game. so it was also a recruiting opportunity is what we like to call this kind of community relations if. it is it could be a recruiting event as well as outside a souped up humvee welcomes kids from this poor new york suburb. off their bus the pretty awful hopelessness virtual reality and video games market flying drones going into battle and firing weapons you know they don't have. you know feeling suicidal again today a video game inside g.i. johnny draws a crowd and the future soldier trainer game as it's called i'm a future soldier draws a new recruit who recently enlisted. to be every shot around them. the math this is nothing this young man knows will prepare him they say your travel the
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world and you'll meet interesting people. is really going to be basically. these promises are sold but something's missing and they never address the brutality they they always leave it out they just they just say oh you know what the military is like you know you've you've played some shoot em up video game one time but war isn't a game and the u.s. military experience doesn't fit into a half time show and looking from a veteran on the other side of it this was mild ques a jacket to a soldier about to embark time almost stand still i was going to do something but seasons will change and time minutes soldiers will keep marching on lauren lyster r.t. new york. let me bring up to date on some world news stories in brief powerful explosions what pakistan's largest city killing at least twenty people a building and one hundred homes destroyed a police building in karachi and in close to the heavily fortified u.s. embassy emergency crews are now searching for survivors in the rubble witnesses say
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the crater left by the blast suggests it may have been a car or. iraqi leaders have agreed to create a unity government after eight months of political standoff nuri al maliki will serve as prime minister for another term under the new deal which includes parties from the shia sunni and kurdish sides to go see a show the ongoing since elections in march failed to produce a decisive is old news hope the deal helped stabilize the country's fragile security situation. millions of people across europe are marking armistice day paying tribute to the victims of all conflicts since the first world. these are pictures of the two minute silence held in london to remember those who gave their lives for their country also says will also be held on remembrance day. russia is set to double up all its stake in the world of formula one it's just been confirmed that moscow based super car maker more russia's border share of british f one team virgin racing or with
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a russian event soon to be added to the racing calendar interest in the country is on the rise artie's tomball knows more and more russia's driving on bush. seem to have rather exploded onto the scene let's start with the man behind the company or one of the co-owners of the company nicholai from menko a huge figure within russian racing a distinguished russian race driver and also the host of the russian version of the television motor show top gear this company marusya of which here is a clone or. a super car maker it's revealed already some very high performance cars and next year iran's waiting with bated breath because it does announce that early next year it will unveil its first f one car already under stock under construction in the u.k. the company itself wants to build commercial cars as well as super cars but now it has moved further into that glamorous sports of air worn by buying
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a large stake and no figures mentioned yet but possibly not a controlling stake for certainly according to reports a large stake in the virgin racing team in britain which makes it all the formula one team so its cars are going to be on the track sooner rather than later and there will be see how they do their name itself what they're going to give it to see a virgin racing line to track it if you want to see itself is a an informal version of the russian name maria so what's the real virgin racing which was a chance to look for some pundits but before we start making jokes let's see how they do on the track the start of flag seems to be in well and truly waved in russia over the past few days has been little bits of news coming out about formula one the biggest of them i suppose in terms of russia in the formula one scene in the world is the deal struck with formula one after decades of waiting for russia
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to host formula one races in the southern resort of sochi after that city hosts the winter olympics in two thousand and fourteen. exciting stuff with the latest on this plan ok let's talk business no it's a twenty three past eleven o'clock corrina say hi there hi there after such stories . why don't we talk about golden good years for gold why there is a foreign gold mine is actually worse it may lift some restrictions cabin on gold mining in the country and that could benefit foreign investors more that i just love it. hello welcome to business thanks for joining me first news from the g. twenty summit in south korea where russia's finance minister alex acquited has warned that if some nations continue to weaken their currencies it could force other countries to respond. but i think this problem may get worse if some countries will strengthen for example the ruble by weakening their own currencies and trying to gain competitive advantage of course it can force other countries to
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use different defense measures tariffs or import restrictions so we need to find a common path without mis balancing the interests of different countries should be viewed. however could it was hopeful that the g twenty would approve measures to avoid another financial crisis speaking to r.t. he outlined the steps. first of all the rules of financial regulation on the markets to avoid similar bubbles in big corporate bankruptcy stores now banks will have to meet basel three standards but if we talk about the i.m.f. and the reform of other organizations this summit outlines new quotas and plans with these institutions to examine the rules in the current crisis how to avoid future crises and how to create an accessible credit network it's not only that it's not only currencies that were on the agenda in south korea politicians and financial leaders fail to reach agreement on the issue of trade imbalances like of
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tango reports on the divisions and sell. reports of raised voices behind closed doors contrasts sharply with the image of unity two years ago then the leaders of the g twenty stood united in their efforts to avoid an acid crash turning into a global depression now member countries are divided on key issues the last g. twenty meeting pledge not to pursue currency wars since then the u.s. and around six hundred billion dollars of stimulus to drive down the dollar this conflict a problem please two or more volatility of the. currency market. i think both of. those are the best for the world economy even former us federal reserve chairman alan greenspan stepped into the fray saying that the u.s. should not devalue its currency the move has divided emerging markets brazil condemning russia welcoming
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a new wave of capital inflows russia could actually benefit from that i mean it's in a different situation to the other say so-called bric countries russia has not had a substantial amount of capital inflows in the last couple of years in fact quite the opposite flaws in the last two years total almost two hundred billion so it actually could do it reversing some of that in taken some money back a proposal from the head of the world bank for a new reserve currency met with silence in contrast with a desire in two thousand and eight to create a new world financial order on trade the g twenty is also struggling to get the world's leading manufacturers not just to sell goods but to buy them as well along with china germany opposed a u.s. suggestion of targets for cutting exist trade imbalances one ray of hope however is that all leaders did agree to avoid protectionism. michael business. time to look at how the markets are performing u.s. stocks slide for the third time this week after cisco systems said profit will miss
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analyst estimates that triggered a selloff in technology companies energy stocks are also fighting their way back to the flat line holding onto much of their recent run up as despite losses in the broader equities market stocks in europe finished makes losses for the financial sector offset earnings announcement from siemens and bt group in london bt shares rose over five percent after the telecoms firm increased its forecast before your earnings and the euro is under pressure again dropping to its lowest level since october. and russian stock markets finished in the red all thursday raising virtually all the gains since the beginning of the week the r.t.s. added half a percent lower than was expelled over eight percent where bank and ross telecom were the biggest losers falling over two and two and a half percent respectively. and good news for foreign gold light has russia could lift some restrictions on gold mining in the country the natural resources ministry
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plans to lift the threshold for state owned deposits of copper and gold it means foreign companies will not be able to exploit deposits of up to two hundred tons before they are declared a strategic reserve the previous threshold was just fifty tons that made gold mining in russia impractical for foreign companies as they had a gold. explains. you start with something small sort of becomes big now what does the government come by and see if. you have a commission has to decide within what you can have or not and you say wait a minute i've already spent you know one hundred million dollars on this thing and now you're going to tell me i don't own it. so by having that risk removed. just the risk of you know whatever happens to be the fewer there are the better and by having the barrier reserved for two hundred tons it helps remove a lot of those risks. that's all from me and the business team here on our team headline news with kevin is that.
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this is just a parliament building in. them. sixty from years ago. it was the final target. move through from some from the army. its country became the symbol of the former financial system. and the big three
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were nazi germany. the fallen. on r.g.p. . hello this is the aussie news channel from moscow it's kevin owen here with a headline i'm playing for you. leaders of the world's twenty richest nations are putting their heads together in seoul as they brainstorm a financial revival the threat of currency wars is casting
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a shadow over the summit with some countries being seen to use exchange rates to keep themselves afloat at the cost of other countries. in interest of a transatlantic spy saga is a newspaper reveals who it claims betrayed eleven russian agents in the u.s. the russian side some form of foreign intelligence service employee known as colonel should recall. reports claim. was simply a hoax by intelligence services but officials insist the packages which perception . last month were real targeted at the us. take the money world's movers and shakers to task with the kinds of reports.


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