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tv   [untitled]    November 7, 2011 7:00am-7:30am EST

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car. market why no. one knows what's really happening to the global economy really large on our. top stories on our t.v. a push for diplomacy russia wants an attack on iran could have disastrous regional rep or conflicts as israel says military action is a real possibility. the i.m.f. dashed for the kremlin past the head of the international monetary fund and visits moscow in search of support as it struggles a pop up crisis that economists. and other mortgage but it's also a court the a.v.c. of the super rich russians at legal loggerheads of london as a light is shown on the shady business dealings of the past with billions of dollars at stake.
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four pm here in the russian capital this is our change in our top story russia's foreign minister has warned that an attack on iran it would be a grave mistake would unpredictable consequences someday another of statement comes after israel said possible military action against iraq's nuclear facilities is becoming more likely are other novick of a hassle latest. rushton firmly on this issue has to be approached with diplomacy it has to be done step by step through talking numbers or intervention is acceptable russia's reaction to this comes after israel has been pushing for a military intervention saying the clock is ticking and the iranian nuclear program has to be stopped right now russian's foreign minister insists it's going to have consequences for the entire region is already so unstable it's natural issue is
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well known and it would be a serious mistake with very grave consequences we can see proof of that every day when we see how problems are being solved close to iraq or afghanistan or other countries in the region military interference only leads to the rise in gas. meanwhile international atomic energy agency's preparing i reports which is going to group that's iran's nuclear ambitions are not peaceful evil iran has been denying this ever since the beginning and. has sad that say if there's going to be a military intervention then iran is prepared for it. and we're always interested in your opinion and today we're asking how likely military action against iran actually is i have to our website our team dot com to take part and so far forty four percent of you thank you it's a certainty because the u.s. and israel need this war just over a quarter iraq and there's no chance of conflict as no one has the stomach for a bloodbath in middle east just over twenty percent believe it's unlikely it would
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only happen if there's overwhelming evidence tehran has nuclear weapons and a minority say all the pens in iran is admitting to inspections you want atomic wash talk go online now and cast your vote. of course you're watching r t and still ahead for you out of future looms over libya amid claims of revenge killings of the spread of radicalism nato says its job in the country is all the details of the. it's. before that as more and more countries are turning to the international monetary fund for help it in turn is reaching out for support from some of the world's rising from our national power players i.m.f. chief christina god is preparing to head off to china on tuesday and is currently in moscow for talks with the kremlin r.t.c. got that he is following this. russia seems to be determined and willing to help the eurozone through i am of mission a better today reiterated he wants these help to be to be targeted to be called
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prehensile to be to be direct and to be done through the international of financial institutions such as i am out of russia paid the last portion of instead to the organization back in two thousand and five and since then it has been contributing to the i am up by providing money for countries which experienced serious financial economic difficulties or even default as it is now the case with grace about the current euro crisis and recent developments in grace completely took over the g twenty summit in cannes last week where the leaders agreed to bolster the role of the i.m.f. and other financial institutions to save the euro and eurozone and one of the hopes for the euro is help coming from the emerging economies from the brakes including russia and although the current euro crisis doesn't die refuse. the brics countries they did promise to come up with financial support for europe as far as russia is
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concerned here we're talking about a potential compensation which could exceed town billion dollars however president said it made it clear from the very beginning that there is a condition on russia and other partners within the brakes to provide this money to europe and that is that their voice needs to be heard within the i.m.f. and other financial institutions optional russia itself keeps almost forty five percent of its international reserves in euros or russia is likely to ask for a high price stepped up its for its overall support of a particular its search chances of and showing the world trade organization by the end of this year finally after years and years of beating with morgan promising above all russia is likely to continue loving for the reforms. probably am not was ninety five and currently i'm have commitments amounts almost three hundred billion
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dollars of funds and the major. greece portugal and ireland parties business editor nick poole says it could still take some time for russian money to start helping the troubled euro zone through the i.m.f. the purchase spall a state of europe means that they need more for their bailout funds they need to come to where the money is and the sudden start that's russia there is no quick fix all to at least the political situation in europe the sort of sufficiently complex difficult to clean greece and italy the every time they try to impose austerity measures structural reforms there's a resistance heavily by the populations which is understandable because it leads to so long term hardship but with. how those economies are become competitive again. well it's a greece that has the queue of countries destabilizing the euro zone and there a new coalition unity government has been from to tackle it step crisis and this
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comes after weeks of political chaos in athens that's got its euro membership in jeopardy the greek prime minister george papandreou has agreed to step down and his replacement is due to be announced shortly the new interim government will lead the country until elections are expected to be held in february next year the government's main task was the to approve a one hundred thirty billion euro versions the rescue package that was reached between european leaders and the mass for a new government came out the top and three are called a bit ditched a bailout referendum which shocked colleagues at home and abroad later on r t a former british minister tells us that the eurozone project has long needed a reality check. problem maybe because the e.u. is based on fiction because it doesn't have political reality the whole problem with this crisis it was created by the europeans themselves because you could not have a single currency when i was a political union they knew they couldn't get away with the political views and so
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they disappeared with the equivalent of las vegas and signed up with mania proposition which is to have a unified currency with no unified policy but if we're going to get rid of money. in greece you're going to have to get the price down and the sun as everything is priced in europe is that would never be possible to have. seen if i was a green i would be down. telegraph. to get out of this because what happens there still in the euro zone says it's french banks say they have. but there's still stuck with the euro. for more insight into the european debt crisis report has kept that vote mr interview in just about twenty minutes time. a week after wrapping up its intervention and pull it off the libya head of nato says it has no major role in the future of the country well that's a spike widespread allegations of crimes against humanity under the new libyan
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regime and a shift towards radical islam. can ask whether the west has made a habit of turning a blind eye to the shortcomings of its allies. cheere first question leader not so long ago the us media presented leading rebels as freedom loving folks yearning for democracy after could alfie's killing the narrative changed you know you talk about this arab spring and many people you don't hear as a move towards democracy but really that's not exactly what's going on it seems the us media just woke up to the young holding human rights disaster in the region libya's new rulers are at risk of being accused of the same kind of abuses before to overthrow an al qaeda flag planted on a lady and courthouse steered quite some panic and not just that you have the interim leader coming out saying he hoped it would become an islamic state that polygamy was going to be legal again consistent with sharia law sharia law to
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include punishments such as cutting off the hands of thieves the heading convicted murderers and rapists stoning to death adulterers shari'a law which is about to be introduced in libya is considered to be for the most part incompatible with democratic values especially when it comes to women's rights but many experts believe that whatever the new libyan government's domestic policies it will not stop the u.s. from making nice with them saudi arabia for instance has the most extreme form of sharia law our women are not allowed to drive cars they're not allowed to vote the crime for adultery for women is the death penalty in saudi arabia and none of this seems that bothered the powers that be in washington why because saudi arabia does the bidding of the united states in this oil rich region a dictatorship and not a democratic state america is a big l. a big supporter of sort of arabia that just shows that we really don't care for working with democracies or working with the king with secular governments or
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religious governments where we care about is our interest in the region very another u.s. ally in the region it hosts america's fifth fleet and also leads on the shari'a law and as a. questionable human rights records and those in power are their only things to nido and particularly the united states the media here have generally been supportive of the campaign to topple gadhafi but now that he's gone why the sudden concern about human rights in libya maybe out of old habit so well demonstrated in the run up to the iraq war when the media cheered first and then when it was too late when the war was full on started asking questions and always say human rights in libya was never a top priority for those in washington who called the shots and threw their support behind the currently be in government i'm going to check out reporting from washington r.t. . more military controversy and world events are discussed and analyzed dot com we'll just go online and have
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a look post war and disappointment tens of thousands of u.s. veterans become drop was an accomplice after coming home from war. suspected russian spy has reportedly compromise a second a government official this time in germany. feuding russian tycoon. have taken their battle to a u.k. court and it's no small claim with five and a half a billion dollars at stake well self exile businessman going to solve claims robbed him of the money by intimidating him into selling oil shares on the cheap something the chelsea football club owner denies bennett has been watching the billion dollar lawsuit play out. it's been dubbed the battle of the oligarchs in one corner is an
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easter egg estimated well fifteen billion assets for your chelsea football club and a french chateau in the other corner is to be estimated fortune five hundred million he had to sell his yacht three does still have his trusty stretch my back which he never fails to show off her manner in which is rise to riches is a story precious few knew until now his turn in the witness stand has lifted the lid on a life in the shadows he revealed how some of his companies employed primarily disabled staff landing lucrative thirty percent tax breaks and he came clean on the piles of cash he paid for protection and he dived into the infamous alimony and wars of the ninety's where we now know someone was murdered every three days not exactly the clean cut image and one of britain's most loved foreign imports it wants to i think it was the mormon thing of the only difference being the rotten people and here is p.r. has been very good preserves a very benoit image you know he doesn't really come across aggressively those
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always say anything at all he wants to go respectable and you know suddenly we're all of the rather sort of see the origins of his wealth it's a third of that wealth that he claims is he's still a wanted man in russia he's suing mr and promote it for five and a half billion dollars they set up the oil company sit next to gather in the ninety's with tibet as also he claims he was blackmailed into selling his stake at a fraction of its true worth a mere one point two million dollars the money here is massive the case is expected to smash the record but the u.k.'s most expensive privately funded litigation is thought to be costing eighty dollars a second in here as for the legal fees mr every moment she is a router be sixteen million dollars a barrel. now they were cut out there on a no win no fee basis but pay used to be close mr b. . he gave his protege the all important leg up into the world of the super rich and
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we now know he was paid for his troubles but mr a says that was just protection money denying they were ever a business partners and sacré in this case writes on but there's no concrete evidence after all this was ninety's russia and none of their deals were written down by weeks in and i've counted the cost of nine billion as five russian one kazakh one is backing all israeli one british the crown prince of abu dhabi is suddenly involved for transferring one point three billion dollars from one to the other not to mention few just strange deals records of meetings that maybe never happened the whole thing's extraordinarily bizarre you try to place the whole thing together which becomes another difficult task because you don't know how much of this is even anyway true according to mr pease lawyers mr a has hidden his billions in a complex web of offshore holdings so even if mr b. does when he'll have a difficult task at scratching any money with so much at stake it's painstaking progress the battles expected to go on into the new year after bennett's artsy
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london. and still ahead for you this hour a proud march honoring the ultimate sacrifice. mosco is remembering seventy years since one of the major turning points in the second grade war with a reenactment of the knights if you will grade it's also just march across red square on their way to place against countries that will for me in a few moments time. well now let's go over what else is happening around the world starting with yemen where government forces have killed six militants clash in the southern city of jiji barre brought to eleven of the number of insurgents killed in the area in. the region a fabiani is reported to have been apparently taken over by al qaida extremists some say the violence at the government protests have helped militants to gain control of the area over one thousand five hundred people have died since demonstrations against president saleh started. in
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a syria islamic extremists are said to be firing back at government forces as they try to storm residential blocks where the insurgents are hiding thousands have been killed in anti-government rallies and harder since sunday the country's opposition ballot cairo called the city a disaster zone they're leading make another attempt at top of the crisis week after brokering a peace deal with a widely ignored. heavy floods are spreading in bangkok commercial district as authorities warned that predatory reptiles are lurking in the water in some areas officials also say that the capital subway system is now what risk as a water level has reached one meter and all soon as claimed over five hundred lives across thailand is the country's worst flooding in half a century the government says four billion dollars will be spent to restore the country. now in india victims of the bhopal gas tragedy that killed an estimated twenty thousand people saved
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a mass protests as the region's authorities celebrated its anniversary well they say that instead of spending money on the festivities the government should concentrate on their rehabilitation twenty seven years on the survivors still feel the effects of one of the world's worst industrial disasters a correspondent proofreader has this report. even after twenty five years residents say it was a day they can never forget. i clutched my children drug one wife and. everyone will scream and run run we crossed another village where people go and everybody in the village was screaming. that's heard say union carbide had faulty equipment poorly trained employees and in adequate evacuation plans in the aftermath despite being charged with manslaughter managers were bailed out and flown back to the united states never to account for their part in the disaster union carbide
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eventually reached a four hundred seventy million dollars settlement with india's government but left without even cleaning up the mess many believe that caused thousands more to suffer and they're angry. hundred k. today thousands like from and still suffer. very healthy before the gasoline. we became very sick will never improved after the leak many indians were wary of foreign companies but it turned them into prime candidates for clinical trials they thought they were getting treatment but doctors often used experimental drugs without them knowing the patients apparently consented by signing papers in english they didn't understand and many say they never sign anything at all for each participant in a clinical trial the doctor received around two thousand dollars this is both paul memorial hospital the place where the victims from the gas leak of nine hundred
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eighty four were treated it's also the place where clinical trials of medications took place about eighty percent of those are believed to have been done on gas victims r t a change documents that show at least six trial programs that took place in bhopal between two thousand and four and two thousand and eight. profoundly ironic that after the victims of the worst chemical disaster in which some of the largest firms the largest multinational corporations the war against the victimized by another set of multinational corporations pharmaceutical corporations srivastav became suspicious when he was repeatedly asked to bring one of two bottles of medicine back a common practice in clinical trials move anywhere though no one agrees and he didn't tell us the name of the medicine but told us that we were given trial drugs medicines had numberous repeated requests by r.t. to speak to the government or bhopal memorial hospital were denied experts say that
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medical testing on people needing actual treatment is an ethical unsafe and unscientific and documents show that at least eleven people who unknowingly took part in the bhopal trials died after taking the drugs when you group drug drugs on people whose entities have not even been assessed let alone treated you are taking a great risk today srivastav still waits for justice. because of the i'm slowly losing my sight i cannot work for anybody and i suffered from breathlessness left to suffer a double tragedy preassure either archie bhopal india. proud historic moment has been reenacted today in red square in the heart of russia's capital it was seventy years since soviet soldiers marched on the advancing nazi invaders to meet them face to face a bloody frontline artie's peter all over was there to see the oppressive parade.
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well this is the first time that the parade is being reintroduced as it took place in ninety four she was just lucky the seventieth anniversary both last march across red square and then to the front to defend moscow against the nazi home slaughter the dates the seventh of the event before they spray taking place was of historic importance in one thing forty one it marks the anniversary of the bolshevik revolution the october revolution well it is november it was called the october revolution because it took place in october of the julian calendar we don't follow we could go in calendar would put such states the seven spoke of november but that was also an important date not just food the soviet union it was also paid for by nazi germany was the day hitler wanted to be in moscow he wanted to have also taken by this point to march in red square himself in similar ways this he had done in paris and other cities in europe the soviet authorities determined to stop that
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happening that's why when they could hold this parade on red square same people as a final morale boost before going off to the front to fight against the fascists they were able to do just go to day parade to seeing soldiers wearing same style uniforms to war by those who fought in the second world war also some pieces of military hardware and recreate pieces of military hardware from the time also taking bought another bottle of moscow itself was very bloody very brutal home for a million people killed and injured in the fighting to defend the copper so many of those people who marched across red square just behind me in nineteen full she was as they fell at the front defending the capital city. her all of her reporting there and up soon we'll have our sports bulletin and some great football pictures in coal school or for us the business news is here with dmitri.
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thanks to her and welcome to the program it so taken almost two decades of talks but now well russia has its first in the war the world trade organization the country is in a final round of informal negotiations moving out the remaining issues incision on russia's membership is expected by the end of the week peter western investment bank cards on says that the media accession would make russian companies more competitive but i think the major point to be can be made when it comes to the increased competition from our players is that i have a feeling there's a lot of improvement cost cutting efficiency to be done in russian companies lexicographers so if you want to be really hard on this i mean that i do think that these inflows doesn't actually provide a threat they provide an opportunity for companies to make themselves more efficient more transparent at a more effective on the cost side there's
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a huge level of restructuring efforts that can be down the russian companies that could affect some of these local threats from for years i do major thing here is for the consumer increase competition is lower prices and i would really that's the most important thing with the republic here. european debt remains one of the dominating issues for the markets this week greece's and prime minister george papandreou is stepping down after his aborted plan for referendum on the e.u. bailout this is now waiting to see who is brave enough to step into camp on the issues the decision is expected later on monday the coalition governments main task will be to pass the european rescue package a move considered crucial to assuring us the euro let's take a look at the markets this is our world prices are recovering right from this currently trading at ninety four and a half dollars per barrel brant is up eighty three cents this out. in
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europe it's gradually coming back up we're still seeing the footsie losing the three quarters of a percent and the dax is down point six percent but the russian markets are managing to stay afloat they are actually being fortified by this oil price which is coming back up they're also playing a catch up game of friday's national holidays a reality as this hour is down two point eight percent my thinks is up by just a notch or what's moving the my stakes with will reversing back into poser territory so for the scene for energy stocks on the my sex with rose they're feeling almost two percent in the financial sectors burbank is our point six percent but d.t.b. is in love with. one of the world's biggest gas fields will stay on ice until russia's promised tax breaks kick in the field in the balance c could satisfy the entire world's gas needs for a year but the norwegian partner in
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a development says investors would not give cash until the government provides some incentives. having given to the economic potential we really also need the federal support and there are up to two elements in that that is the mineral extraction tax and it is the gas exporter of the of the of gas those are the two other elements that we are presently we are in a dialogue with the government to discuss these things and these are also required on the interior to make the commercially interesting question. all right dozens of people get back in around fifty five minutes time with an update the headlines on x. or c. . in
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canada and the us that it is legal for you to use a bubble bath on your baby that contains a known carcinogen something that causes cancer most of us trying to write another book in the present they are sponsored by in the spirit and most of the guys they've known but clearly it's a conflict of interest today an average cancer drug prescription costs nearly one thousand six hundred dollars a month oh my god nobody with cancer in my five therefore i protect sought because the nature of ninety five percent of cancers hurts people with self funding
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history of cancer the pharmaceutical industry spends about fourteen percent of their budget and research and development and about thirty one percent for marketing and ministration. in fact there are more pharmaceutical industry lobbyists in washington d.c. and members of congress.

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