tv Headline News RT November 28, 2013 11:00pm-11:30pm EST
european leaders failed to rebuild the ruins of a trade deal with kiev during a key summit as the ukrainian president stands firm on his decision to freeze the total plus. police crackdown on protesters who were jail sentences slapped on a group of women for a peaceful demonstration. and with the black friday shopping about to kick off in the u.s. we look at the wild buying spree of the federal reserve and where it's taking the american economy.
international. thanks for joining us for the program ukraine it will not be reviving its plans for signing a pact with the e.u. after the book failed to convince president on the first day of talks of the eastern partnership summit now underway in lithuania mass demonstrations continue to take place in kiev. the protesters there are against the government's decision to shelve the trade pact with europe thousands of joined rallies in the heart of ukraine as the opposition issuing calls for a nationwide strike and even pledging what they call a quote euro revolution the e.u. ukraine deal was due to be concluded at the summit in vilnius artie's falsecard is there for us. ukraine stalling of signing an e.u.
association agreement here in vilnius threatens to turn this summit into somewhat of a damp squid kiev cozying up to the e.u. was meant to be the highlight of the two days here. so why is he attending the summit where you nikolaevitch has been keen to stress that the deal can be signed any time and that the latest development is just a postponement and not a council a sion a move seen by some as a winner for all concerned buying them vital breathing space they're very uncomfortable with the idea of ukraine coming into the e.u. the e.u. right now is. with the crisis in the pigs countries portugal italy and greece and so far they don't have money to do anything ask if you're a crane the only thing they can do is try to take advantage of the weakness of ukraine so i don't i don't think the e.u. as a whole is going to go down this road the financial implications of such an agreement may have even been misjudged by the e.u.
with the president of the european parliament martin schulz saying the e.u. may have underestimated the drama of the domestic political situation in ukraine that the country is economically and above all financially in the deepest crisis for decades and he goes on to say kiev needs money and a steady gas supply suggesting that's why they're leaning towards russia at this time publicly the e.u. continues to cool kiev the agreement will remain on the table into the eleventh hour allow and. the opportunity for an improbable late u. turn but we have requested more money and brussels finances are already strained it could be a while yet before ukraine starts taking vance's seriously. r.t. . e.u. leaders are now saying that an agreement could be possible when a new president comes to power in ukraine and even planned to hold meetings with ukraine's opposition on the sidelines of the summit in lithuania but a little bit down an aide to the leader of france's national front he says the e.u.
shouldn't be meddling in kiev's internal affairs. along with this image sure deal which was made that they're making interventionism inside the national politics of the train i can totally understand the president of ukraine why he felt humiliated on this case there mixing up with international internet all this is difficult questions of don't you get. in a case. this is not good as well train is divided into you have a pro european opinion you have pro russian opinion this country for me it's history and its geography is complicated let's not make things even worse and ukraine has cited it economic difficulties as the main reason for rejecting the european deal that's according to some reports that it would actually cost up to a hundred billion dollars to implement the required e.u. standards and regulations so dan also believes it's not surprising ukraine's
reluctance to go ahead with. ukraine should be thinking twice about these offers. you have to offer when it is politically decided when it is rising unemployment rates rising what exactly do we have to offer even in terms only of markets and economies i'm not sure it's a good deal at all anyway for a train today. and on our website right now we've gathered expert opinion on the e.u. ukrainian association deal so to find out more of what's behind you turn just head over to watch. by turning our attention now to egypt where a student demonstrator has been killed as cairo university has become the latest battleground of banti government protests against a brutal police crackdown. i. see the tear gas right
there the officers clashing with youths firing the tear gas dispersing the crowd soon were chanting at dollywood military rule protesters furious fuel from the people female vice versa some as young as fifteen were given a heavy prison sentences as part of a new government more bonding more than ten people gathering without permission a bell tree reports from cairo. students were angered at haas jail sentences given to twenty one young women are in the exam to who were arrested in october for protesting and suppose that islam is president mohammed morsi ousted into my by the minute tree house food scene of those women happy given the eleven years in jail for supposedly holding weapons and assaulting police officers seven of them are mine is that just fifteen years old sixteen years old the families say they were just protesting on the cornice of onyx on tour holding the marines coming out why it's not it's not just isn't this protest is sweeping crackdown on you've
also got elected activists who have been arrested. protesting by the government it's nice to see different days occurring hits any protests at the confirmation from the interior ministry that makes a speech because he's a dipshit blogger and i do think he's one of the keyboards trying to be part of the mission he's picked up this this evening his voice beaten eyes he was being summoned by the general prosecutor for inciting protest he is of course a little and that's just activists saying that it's not just is it misspeaking talk it's the question is whether the government can continue this has been massive opposition from a lot of the political factions including your comments from one of the ladies believe this he's going to be presidential hopeful he tweeted last thing that is from president to pardon me being sentenced and there's been no pressure cool words about this he protests the last name for it to be looked at again so the question remains whether this military led government will be able to contain. this
crackdown and continue these very difficult unrestricted freedoms. and still to come here on r t ensuring the britishness of the u.k. as migrant communities flow into britain some locals with strong views about their unwanted neighbors begin a witch hunt at night all of this in an attempt to force newcomers to adopt to the british ways full story just around the bend. for the meantime here on our t.v. locals in northern texas have been experiencing a shaky thanksgiving day and the area being rocked by a series of earthquakes seismologists are trying to get to the bottom of what's going on with some actually skeptical about it being purely down to natural causes . no one was injured though i suppose amid all the vibrations in the shakes locals though understandably concerned by the tremors more than a dozen quakes of rattled north texas this month alone some scientists point the
finger at nearby gas drilling wells for causing the seismic activity and the area's seen more earthquakes since fracking began there in two thousand and eight this more than i suppose the previous four years combined one local resident told us about what he witnessed. we had like three hundred one of the two point five minutes and in that three point six and so marker aren't berman in the house shaken and we did have a damage minor just a little crack in the rock my wife was having panic attacks. and one lady and she's here to appear and being how. i have. been like we have. started shaking our. cave in they were really concerned about it. or less now i have a look at the controversial process of fracking and how perhaps it has caused the
recent quake activity in northern texas ultimately a well is drill to more than a thousand meters underground a mix of water sand and so-called fracking fluids which contain dangerous talk since then pumped into the well they create fissures that allow gas and oil to reach the surface where they can also cause potential tremors it's also possible the harmful chemicals accumulate in the soil and contaminate groundwater and causing pollution a plan of operation of a number of those calling for this process to be abandoned is certainly mounting but that's it all goes with the energy giants looking to tap into so-called lucrative deposits texas activist sharon wilson used to live nearby a fracking site and till that is that she made the tough decision to abandon her home. at one time i turned my tap on and nothing came out which was a very frightening thought the air was degraded horrible a lot of air attacks tried sly not always it was just it completely changed the
character it's the worst concern for me was to end up without water or that my son could end up feeling sick from the chemicals that he was panic says to you i lost eighty thousand dollars in property values as they expand this crisis more and more people are harmed and more and more people join the opposition right now there is an entire neighborhood over five hundred homes in demand where they are fracking very very close two hundred fifty feet in some cases from people's backyards. it's all the international live from moscow the day off to the turkey feast the peak of the shopping season is knocking on the door of america shoppers in the us head out to stores to pick up a bargain deals look at the federal reserve's wild bond buying and talk to one of
those behind the controversial policies who doll things b.o.'s apologies to time spans. the. economic downturn in the final months stay with the old saying i and the rest because i was doing me a little bit every week on the. wealthy british style it's time to explain the money go. markets. find out what's really happening to the global economy for
a no holds barred look at the global financial headlines tune in to gaza reports on . ukraine a country divided its government's decision not to pursue integration with the european union and for russia as western politicians and media in an uproar brussels feel snubbed while moscow has a wait and see approach as ukrainian politics is anything but stable the so-called struggle for ukraine is far from over. thanks for joining us here today talking about fifteen minutes time for the holiday shopping season has kicked off in the u.s. and many are. broken tradition by pushing their opening hours into thanksgiving night instead of waiting for the official start of black friday five years ago the federal reserve announced its unprecedented shopping spree but it's hardly been helping the american economy. one of those behind the experiment and now thinks it
was a big mistake. block friday the day after thanksgiving is america's busiest shopping day of the year millions standing in lines for hours or even days before stampeding into stores to snag door buster deals oddly enough the first reserve bank has also used this pseudo holiday to launch its own precedented spending spree otherwise known as want to teach it. two thousand the financial crisis the fed began buying up massive bonds to drive down the cost of credit and experiment pitched at helping main street as the program marks its five year anniversary the former fed official who helped spearhead the quantitative easing is publicly apologizing to all americans for the role he played his name is andrew who sar and he joins me now andrew what is so bad about quantitative easing that you felt you had to publicly
apologize to the entire country i believe we had a very big wake up call with the financial crisis five years ago we had we realized we have this economy that was over we were lying on wall street where the banks and become too big and too too concentrated for the larger economy and what i feel quality quantitative easing all to me has done is to reinforce. that structure in the u.s. economy and the law the benefits of q.e. have ultimately gone to the banks rather to to main street america so if we see that over the course of five years those that have benefited from q e have been the richest people in the united states of the richest companies the richest banks in the majority of americans are not benefiting from this and why is still continuing the problem is. the fed at this point is the only one doing something and so it
feels like it keeps on having to do something to help mile to argument is what it's doing is it not only helping. but it may actually be hurting far for much about it the u.s. economy thank you very much for your time mr and i'm sorry thank you very much for having me i think you. are just for a moment let's have a look back at two thousand and eight when the fed on bail this largest stimulus package in u.s. history it created eight hundred billion dollars not minding the risk of inflation but years later many more billions are spent on while the bond buying and the fed continues to print money cutting a long story short its balance sheet has now skyrocketed to almost four trillion dollars and the fed moves to lower interest rates on loans to encourage people to spend meanwhile american borrows a missing payments on credit which means the interest rates are about to go through the roof a publisher of the trends journal gerald celente he warns of grave consequences. the only reason there is any recovery going on in the united states or for that
matter the european zone is that interest rates are at record lows so as i mentioned you could buy an order well below zero percent and what they go what's going to happen when interest rates go up the housing market again collapses the auto market collapses and worse than that the bond market collapses and so you're going to start seeing a decline again in people paying mortgages more foreclosures happening and that's when interest rates go up because when interest rates go up this phony recovery we have in the housing market is going to stop and a lot of the new people that got into the market on going to have trouble paying off their mortgages. i know there are warnings of a boar was missing payments on home equity lines coming from many regulators alison says amy cruz crew chief economist at the consumer credit agency equifax mortgage
bankers to tell them of a pending wave of disaster. it's not a win win situation that could be worked out for example they might be able to offer somebody modification of a home equity line of credit but from the bank's perspective that becomes a troubled debt restructuring so they have to take a hit on their book on their or their banking statements about that that line that they've now rewritten and so it's cost them a lot of money to do that obviously not as much as foreclosures might cost. and i. lined up plenty of stories for you on the website including the black hole in russia sleet and new submarine which has been dubbed with this name for being virtually undetectable if submerged. details and pictures of this very impressive machine. plus the u.s. war against intellectual property doesn't look so effective now it's been revealed
washington has its own face in the trough full story click away. to see. first rate. and i think. we'll get to the update very soon here on the program for now though the u.k. to two hundred thousand migrants who move there and such a better life but some brits are angry that few of the newcomers are ready to change their cultural traditions and respect the rules of their new home in
response locals have taken matters into their own hands setting up a so-called street patrols as reports. wrapping up against the coals this team is setting off one of their regular nightly migrant patrols organized by the pakistan community association they beat is this small neighborhood in sheffield in the north of england known as paige all the trying to save the community tensions here but i know there are tensions in the area and people are angry because it's a very small area very densely populated and people as you can see so terrace houses people living on top of each other it doesn't take us long to see what some members of the local community is so concerned about even on a monday night in winter large groups of roma men congregated on this small high street i just saw in our. city so look around this area yes you sensed noise that night most of the roma here from stood back here and they're eager to tell us that they don't want to cause any trouble in russia prefer. to come on here
what do you think about people they say the person gangs. is going to have you know about for my friend you know my swap you know people broke you speaking so if you have to live in horrible you know looking for a drop you know. from your problem here for a normal show at nine pm curfew has been put in place here under sixteen can see the police thanks coming back so they have what sort of significant presence in the area similar support a presence here from eight o'clock in the flame right the way through until three o'clock i mean i mean it's a very difficult thing to police the situation has gained national attention but some voicing concerns of a repeat of the race riots that blighted the north of the country to stave a decade ago it didn't concern me that it was going to happen what concerns me was
how that would make very much population and the longstanding population feel that they're living in an area where tensions are perhaps. so high even that might happen like all the citizens have the right to be freely throughout the european union the world is the east coast the key to the ethnic minority in europe the migrant patrol are trying to aid the integration here but with restrictions being removed next year allowing them remain to enter the u.k. sparking wide public concern it won't just be the patrol keeping a careful watch what plays out on the streets this is. so easy reporting from sheffield in the north of england are some of the global headlines for you to iran we go where a powerful five point six magnitude earthquake has hit the style killing at least eight dozens are also injured twelve of them seriously and the disaster taking
place in the province where the country's only nuclear power plant is situated at this point no damage has been reported. beijing has ordered warplanes to routinely patrol its newly declared. over disputed islands in the east china sea this comes in the wake of america japan and south korea all sending military flying over the archipelago of a dispute threatens to overshadow vice president joe biden's trip to the region next week and see tensions between china and its regional neighbors. afghan president hamid karzai has accused the us of launching a drone strike which killed a child saying it's another sign of washington's disregard for civilian life and similar attacks continued not to sign a security agreement that would allow several thousand u.s. troops to remain in afghanistan after twenty fourteen of the afghan leaders are already showing his reluctance to sign the deal and he wants
a sure and says they'll be meddling in upcoming elections. and to iraq where twenty nine have been killed off a three car bomb struck two outdoor markets near baghdad the blasts went off in a five minute period dozens were injured twenty thirteen has been the deadliest year for the country since two thousand and eight and we have a special online project about the human tragedy called a year of carnage to talk.
not going to be one that springs into your heads but they've been making it here on the black sea coast for more than two thousand years and there's an industry which really can compete with the best the rest of the world has to offer i've come to meet some of the people going the greats and to see if i can find out the secret to the perfect. this is the place that has been consecrated to god for almost a thousand of years people came here twenty some years ago to reestablish the mastic life on the silent. and people feel the love of
christ all working. people say you can catch up to something happens on this island that makes them return to it again and again they say the below saves them. join me james brown on a journey for the soul. only on antti. hello and welcome to crossfire all things considered i'm peter lavelle ukraine a country divided its government's decision not to pursue integration with the european union and opt for russia instead as western politicians and media in an uproar brussels feel snubbed while moscow has a wait and see approach as ukrainian politics is anything but stable the so-called
struggle for ukraine is far from over. to cross-talk ukraine i'm joined by my guest live would give or give in london she is a senior economist at i.h.s. global insight in paris we have john lauchlan he is the director of studies at the institute of democracy and cooperation and in moscow we cross to mark sloboda he is a senior lecturer and researcher at moscow state university all right folks cross talk rules in effect that means you can jump in anytime you want john if i can go to you first all of this media coverage of this for the past week it's the tussle between the european union and russia for control of ukraine it's put very much in cold war terms here but very few people want to focus on the real deep deep troubles that are occurring in ukraine and how ukraine is trying to get itself out of a really nasty fix i want to point out to our viewers here that the i.m.f. is knocking on the door if they don't do certain things are not going to get any
more money there's hardly any money left in the bank and they have a lot of foreign reserves debts to pay in the first quarter of next year it's dire straits in ukraine and in brussels is blaming moscow go ahead john i think you put the question peter in exactly the right way. this whole issue is being talked about in cold water but in fact ukraine's real interests have been completely neglected i've had occasion. say this now and several other interviews people have asked me whether ukraine has an interest in joining the e.u. and my reply has always been that from the u.s. point of view the only interest is in the political defeat that ukrainian signature would inflict on russia in other words the e.u. does not have ukraine's interests at heart what it has at heart is a geo political program of ideological and geopolitical strengthening of its own institutions and enlargement of course of its own writ deep into the heart of historic russia ukraine is not the interests of ukrainians are not.
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