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tv   [untitled]    April 20, 2011 2:00am-2:30am EDT

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warning that islamic radicals are gaining ground in egypt's political vacuum as a country here's up for elections next transition to democracy. we are one shy away from phrases while the world's us back to financial institutions one of more impending dark times ahead there's concern that america doesn't have enough dollars to sort itself out. and with one in five young italians out of work few prospects of getting a job we report on how italy faces a lost generation. blow
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your with our t.v. world news twenty four hours a day welcome to the program the next chapter in egypt's path of democracy will see elections in september radical islamic groups could steal a march in the polls groups like the muslim brotherhood are gaining ground and it reports a free vote could see a much stricter regime to take control. the more things change the more they stay the same certainly that's how it seems in egypt where the army is clearing qarase tahrir square demonstrate it's to show everything's back to normal and then not wrong after months of upheaval it's very much the same people in charge as before there's a concern that they may have already the dictator they have a bit of a dictatorship but deep concerns as to whether the reforms are going far enough whether the restrictions in the military is. still too great for true freedom to
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emerge in egypt and there is a debate this can only polarizing society but without the army a power vacuum and poised to step into that vacuum the muslim brotherhood links to al-qaeda the brotherhood is understood to be multiplying and organizing from the mosques according to their spokesperson they expect to win seventy five percent of the electoral seats they contest in september's election son expects something more sinister there might be a deal. between the army and between the muslim brotherhood to share power and basically hydrogel revolution this is the oldest and the best organized political movement in the opposition so far and of course if the field is more or less been leveled now after mubarak has gone they have more chances than others who are not well organized back at the beginning of the year european leaders appeared to adopt a hands off approach to supporting democracy in egypt. these democratic change has
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to start now. it needs to happen now for greater freedom and democracy in egypt. but americans are now arriving in droves to exert their influence over the democratization process it's very worrying to see so many advisers from washington arriving in cairo and perhaps trying hijack the revolution from washington but we must always remember that egypt was a strategic lynchpin of russian foreign policy that all important sue is canal and the nile river basin so we'll see the forces aligned against any leader that doesn't merge in egypt washington with their free trade. but what if it's the muslim brotherhood although the west has had some dealings with the brotherhood it acted very differently towards its roots organization hamas classified by some. countries are the terrorist organization in two thousand and
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six how mass won a democratic election in the palestinian authority in response to middle east quartet employees severe sanctions according to the merriam webster dictionary the definition of democracy is government by the people so what will happen if european corridors of power if the people of egypt sees what's perceived the broad speech the role of government the world awaits the results of september said. he loved. two leading american allies in nato u.k. and france are poised to send ground troops to libya to train rebels they're going to resolution forbids. britain's foreign secretary says. protect civilians. struggling to lift a weeks long siege by forces in the western city of misrata. is increasingly making restless enough to want to use their presence but it's not the only country in
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america's sights revelations rest. is issue in syria countries in the government revolts the president has lifted the decades old state of emergency it's a test and they're closer to home and some analysts washington's backing of the opposition is further evidence of a wider which to the east which. it goes way beyond libya effect i'm working on a story at the moment pitting the pentagon against china this is the big story in africa for the next fifty years i would say it starts in the beginning of the two thousand creation of the african union cathy was a very important in this mechanism it was a mechanism to give a political voice to africa in terms of unified africa in terms of political decisions and not know of course economic integration then china's start investing
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much more than it was investing two hundred ninety nine it's over african net least thirty eight countries we have more than nine hundred projects all over africa and then came the reaction from the pentagon two thousand and seven two thousand and eight would be african command which has just launched its first african war when they launched a tomahawk three weeks ago against against tripoli basically so now this is the chess war it's the pentagon fiat african i guess the chinese investments in the middle. i will say at least fifty african governments and scrambling to see oh keep what's going to come down. that's ahead you this hour despite claims of social benefits many georgians are running it hard to meet ends meet system getting government assistance. plus a power struggle of a different color take
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a look at the fuel source of all the next big thing but not everyone is convinced. global finance chiefs are warning that swift action is needed to skate a new wave of economic crisis countries runs a financial and usually turn to the international monetary fund and the world bank which apparently lots of us. are explains the has already had. an annual spring gathering about the world economy produced a dreadful financial forecast we are one shock away from a full grown crisis critics say through the establishment of the international monetary fund and world bank america has positioned itself as an economic dr to the world using the institutions to retain global domination and fulfill the business interests of large corporations craving resources belonging to cash strapped
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countries what they do is they very often pressure governments to what we call prosecco or proxies the economy is weak or a recession and they want them to cut spending or raise taxes there can be very very dangerous i mean you can slip back into reserves certain words i tell all too familiar to right in america the middle east. and most recently greece. where tens of thousands storm the streets protesting austerity measures public spending cuts and tax hikes. as the largest financial contributor washington also wields the largest voting power at the i.m.f. we fairly or. it is run by the u.s. treasury department with some input from the european countries there right there tells you most of the problem this is suppose that you know. something countries it's run by just a handful or maybe just one and american has always served as president of the
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world bank since its creation in one nine hundred forty four but now with its own backyard in disarray america is hardly in a position to hand out financial advice to others in two thousand and eleven america's financial management is best defined by a nonstop borrowing binge seat of the talk over there it's a running ticker of u.s. debt which has surpassed a ceiling of fourteen point three trillion dollars now the u.s. navy want to consider investing in a bigger clock with a few more digits on the display a problem so bad the u.s. president can't ignore it and the government can't seem to solve it we have to live within our means we have to reduce our deficit republicans have refused to support measures such as raising taxes on the rich or cutting defense spending we're approaching arsenal on a par with the total g.d.p. of the country this is very serious because most economic research suggests that
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countries tend to decelerate in their growth and have more and more severe economic problems once the debt to g.d.p. ratio gets above about ninety percent and we're about to go through that level all eyes are now on the nation that sets the bar for others to see if it clean up its own bad debts at home. r.t. new york some say the i.m.f. and the world bank be the solution countries need when they don't strike and govern marshall from the center for research on globalization says the institutions are actually to blame for many problems in developing states. probably i am nothing wrong in saying that they're interested in reducing poverty and development all their actions and said otherwise some repercussions of their actions have exacerbated poverty. created under-development you look at africa and latin america during the sixty's coming out of the colonial era and that independence movements
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these countries were developing in quite rapidly in africa growth rates were extreme i'm chill of oil crises which are in fact increases were supported by the state department. and this created a flood of money through the western bank in loan to these developing countries the finance industry so you should. actually act these new you know new institutions they have to give construct rain forests and a good culture and focus on what's called export induced growth and make countries produce certain crops for export in european nations and then that's making the countries dependent on your emissions for food and other services and creates a dependency not only are they interested in continuing to manage the so-called iraq right now they're also trying to integrate and advance the process global governance by bringing in emerging nations that is china or india and other nations
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into this institutional apparatus of global governance bring them to the game essentially. the other side of the atlantic it's the future generation which is feeling the force of economic hardship it's a young paper face of the future they are unemployed as the country battles to prevent itself suffering the same fate as greece and ireland a person of the thoughts from rome. for over a year now element has been trying to find a decent job with displaying having a degree in linguistics and fluently speaking german french and spanish the only word she's been able to find short term gates says hiring interns is simply cheaper for companies well many of those with a higher education are left behind. and. if it doesn't improve it i don't see how it can the only way to find a job is to look for it brandt and tired of looking for it here and ready to leave . but while many can't find
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a job this guy doesn't even want to start looking for work and then he is twenty five but still lives with his parents who cover all his expensive we can up after midday then playing his guitar and video games to him illness problems or as unfamiliar as a job application moment passion. or work his glorying neither do i care about politics or the economy this is a free country and everyone can do whatever they want but it was. italy's national statistics agency calculates that one in five young people in the country is either unemployed or not spirity that's over two million people so many are unable to find a long term work and some not wanting a drop at all these statistics are quite grim to such an extent today's interview with an enemy has been dubbed the last generation something totally incomprehensible to their elders. to. spend his whole life working at
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a post office now in retirement he says that back in his day it was much easier to find a job and thinks the current situation is absurd. but a youth is what life is there for it doesn't matter why they don't want to work what's important is that the government has to do something to provide work. and make them interesting. about you know the head of italy's central bank insists the entire economy is in need of a major legislative overhaul especially since the young italians who do good work are earning proportionately less than those during the one nine hundred eighty s. and production output is in decline for one of the world's eight biggest industrialized nations the last thing it needs is a future generation that's floundering while finding a job or flunking out altogether is going off or g. roll. but an ad for r.t.
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dot com to get warm or lost or a special or videos an analysis. of pasta and then it goes. against russia's most wanted terrorist has been difficult. to sentiment is ensured going to continue to do stories on the. us the russian businessman held in new york on arms charges gets new lawyers and instead i'm taking a. leave . to.
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download the official on the application to i phone on called touch from the i choose option. one job she lives on the go. video on demand our keys my old costs an r.s.s. feed now an apology one. question on the call. georgia's authorities claim the fight against poverty is one of its top artists but even foreign help doesn't appear making a dent in the deep desperation suffered by georgians especially the server is just getting used to be. a small sunni country of georgia has long been known for its fresh organic produce recently it seems the fruits of george's economy have been rotting away. people come to the market and don't buy anything because they can't
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afford it out of both the goods here only the i knew them potatoes a local everything else is imported from greece and turkey and iran and so overpriced we stay here anyway because we have to try and sell something so we can eat. it yvonne knows all about having nothing to eat she hasn't even been able to afford apples were handicapped daughter too expensive three of them already i have no home no job no money and no social support all i can do is sit outside a church and beg so i can feed my sick child that's the only money we get is my pension around thirty u.s. dollars a month and miriam's pension are together it comes out to about seventy five dollars a month so that we have to eat pay the bills and buy medicine from the area which is impossible but young has cerebral palsy and is in desperate need of surgery it can only be performed in germany her family has no hook over raising the money other me i mean i'm a got she's already had
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a operations and it's five mark but i've almost lost hope i even went to a charity t.v. show but they turned me down. get it done and her family live well below the poverty line and in this they're not alone. for less than. fifty percent of the population to borderline. no absent. the georgian government has a growing social welfare system that includes cash benefits free or low cost health insurance pensions and souters for daycare the social benefits are aimed at the poorest of the poor however a two thousand and nine world bank poverty assessment showed that only thirty percent of those citizens actually received cash assistance and it seems qualifications don't help either. in the run as
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a professional singer and in these tough times news it is all she and her daughter have. and the only real music to their ears would be an offer of help something neither has much faith they'll hear any time soon. government is clearly that is doing everything possible in the current financial climate to help its people. lord george is clearly have no money for even the basics like food medicine and living like this it's clear that the poverty line is very evident in the heart of the georgian capital is cashiers are about r t d.c. georgians look around the world out some of the instructions the u.s. soldier is the policy of thousands of state secrets to wiki leaks needs to be moved to a new prison past votes rather than running over a real case of genius the pentagon's decision to move into a base in kansas comes after growing international criticism when it is being held
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in conditions which amount to. former cuban leader fidel castro had an unexpected appearance of crisscrossing congress or rather recent conference that was the first live get together since the under. there is little to grow as a show of support for the major economic changes which are been announced it will transfer sort of inclusions leadership of cuba's communist party that started. as world. trade tearing america's first lady that's where both since the landing of the getting too close to a military contractor. or moments of each other instead of the committee with its show promise brain eventually landed safely with was forced to circle the race so the program that could clear the runway this case is a looking into whether air traffic controllers were to bring. those of the world's first or energy grows it's full speed ahead for the u.s.
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and its shale gas deposits it's very popular because it's considered a green energy source for research is the thought it could be a cause of serious environmental health problems good reports. it's cheap it's readily available and it's made in the united states washington has hailed shiel gas as the next big thing and if you development or the past five years the u.s. has invested billions of dollars into the field bringing cheap energy to consumers still deposits lie deep underground and unlike natural gas sheerly is widely available in the u.s. which means the country doesn't have to pay for imports. for the shale revolution stemmed from high gas prices a main question right now is how will the shale gas industry survive now that gas prices are one hundred two hundred fifty dollars a barrel which is four times less than they were five years ago when shale development began. this tight that european countries are also looking at potential
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shale gas resources on their territory albeit with some hesitation brights now it's more holds then facts. and more holds than question marks. and we have really to think realistically about this source of energy we don't want to say get to terms of cause in russia like america had thought and not other potential plus of shale of course is stopping imports from russia which that lies most of europe with natural gas many already saying that if shale deposits are found in europe most. of supplying gas to other countries what's been happening is the rebels don't seem to be losing any sleep over their supposedly reckless fuel here's what we're going to go when we're watching the situation and we think that locally it's very viable but it will remain
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a local gas supply it's impossible to extract gas to last for long and if you look at the shale gas suppliers right now you'll see that most of them are losing money doug. shale gas may be easily available but its development does not come cheap. you order to get shale gas you must drill horizontally incessantly and that means the profit margin of the process gets lost very fast. and though the obama administration has hailed shale as an environmentally friendly alternative to natural gas a recent studies have put this under question several scandals have already broken out in the us because of the facts of shale gas development only environment and people's health. chill gases extracted by hydro fracking that means special chemicals around into the water to break up the rock formations the components of these chemicals are kept secret by the companies in the united states and claim
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it's a commercial secret that water laced with chemicals ends up in drinking water so shell gas development pose a serious threat to the environment and health so perhaps like any seeming miracle cure show gassed me through yet another false and dangerous economy even if it was cool artsy moscow. but i think that it's all the business news when you hear on r.t. . hello and welcome to all of his business update thanks for joining us and a fellow capital is one of the major headaches right now for the world's leading
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decision makers money shifting swiftly from one market to no other essential to destabilize and so the seeds of another financial crisis one moscow based investment strategist that has mixed fortunes for places like russia. the capital has been coming into russia or over the last three or four months has really been quite short in nature they're not really been investing for long term returns the best image of the oil price is very high russia or is it represents a proxy for the for the oil price will have a sense of the risk events like was happening in europe or in the u.s. then people will turn to russia so you might see in the short term at least most of my outflow of capital as a result of the situation in europe deteriorating even further. gold futures have advanced a new all time record topping fifteen hundred dollars an ounce not worldwide inflation of death concerns are bolstering precious metals which investors turn to when there's turbulence elsewhere so it's trading about forty four dollars per
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ounce its highest level in three decades. oil continues to recover from its early losses prices dropped sharply at the beginning of the week as a consequence of the news of america's credit rating growing crude is currently trading at around one hundred twenty one dollars per barrel while light sweet is around one hundred nine dollars a barrel and let's have a look at the markets now even shares rebounded from the losses and previous sessions are said oh no they're not advancing wall street property developers and commodity producers are among the rises and rises in hong kong with petro china up with two percent japan's nikkei has gained around one point seven percent just the negative days on become trees traits uplands and it nearly eighty percent in march here are get to two point two billion dollars as a result of the earthquake and tsunami disaster. in russia the us here has just started trading it's currently almost one percent up with the energy sector leading to growth the mice explosion in just a few minutes again almost two and
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a half percent choose day. and looking further down the road toward monday for much crazier by market watchers have a lot to keep an eye on right now the market will continue to digest a one size. the economic outlook in the us consequently the demand for oil. and on the other her and what's happening in europe because of course that spreads for proof for european countries of the rivaling and the market is extremely nervous what is going to happen in greece so they'll be those direct sort of the market will continue to digest away from that but now getting into for us quarter earnings season in the u.s. will be also important for the market's going to gauge of how u.s. companies have been performing of the first quarter. russian railways has decided to action seventy five percent stake of its fright freight one subsea jury it will take place before the end of summer with the starting price of four billion dollars russian railways initially decided to sell the station country's top freight
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operators last year but took time to choose a had to have it the company has also proved the location of another subsidiary it hopes to make another three hundred seventy million dollars offering twenty five percent of trans container. that was out his business update join us for more next hour and of course you can always log on to our web site and hit a chord with us. the
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closest team has been to the chile of inspiration for the long lost secret of thomas steele has been discovered. now archie goes east of lake baikal with the longest russian railway line runs. for the sunday desert lies among siberian mountains looking for people full of the same routes as hundreds of years ago. welcome to the trucks like. washing clothes off on the market. eleven in a country that don't understand that there's more violence in the streets of this country than there are in the streets in afghanistan or baghdad. one night in desperation the young man breaks in for. good byes ago is now being formed.


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