tv [untitled] June 4, 2011 11:00am-11:30am EDT
if. a major u.s. bank allegedly loses a billion dollar investment by libya putting the financial woes of the american and the libyan people in the same boat. we see what's happening is a shift towards a ground operation crushers a foreign minister slams in a first appointment of helicopters softer they hit their first targets in libya. a huge fire which the story down ammunition dump in central russia has been extinguished leaving over a thousand people injured. and a smart phones are not secure for some time as a moscow tech firm claims it can retrieve personal data from any device for some.
worldwide news and live from moscow this is out well libya could be another name on the list of alleged victims of the giant u.s. investment bank goldman sachs is currently being investigated by the american government for its part in the two thousand and eight financial crisis it's supposed to be last i run a billion dollar investment made by aaa some three years ago but it's not easy marina porter reports from new york the bank is hardly concerned. long before the u.s. led airstrikes against libya's moammar gadhafi the dictator and one of america's most profitable banks were firm financial friends in two thousand and eight according to the wall street journal goldman sachs offered khadafi the chance of
becoming a huge shareholder only after losing ninety eight percent of libya's one point three billion dollars sovereign wealth fund in just a few months they haas the staggering percentage i don't know how you'll lose ninety percent of something it was a bet on options on european banks and energy companies whose stocks plunged shortly thereafter but in any case clearly they saw a gold mine and. when the fund controlled by colonel qadhafi nearly empty bugman pointed out all first to recoup losses according to the journal libya would get five billion dollars worth of gold and shares in return for making a report seven billion dollar investment in the securities firm libya agreed to by the bank's debt with a promise of a lucrative annual six percent return for twenty years gave me knew it was about to hit into a nosedive and there they were selling them these libyans
a piece of junk which was themselves libyan sovereign wealth fund officials are reportedly accusing goldman of misrepresenting investment deals and making trades without proper authorization but others proudly admit playing fast and loose with kentucky's money american real estate and reality show tycoon donald trump those that he lied to and deceived the libyan leader in the past i reckon from a piece of land he paid we were very. pleased the way it was written all year after three years i don't want to do it amused but what we should be doing much of our new job you want to use the word scrap or a square root of no. now critics say the libyan people stand to get screwed by wall street trims comments were very interesting in terms of the attitude that american executives and american officials have towards other countries their dear to be screwed and he said it publicly and he advocated it as
a policy and he did it personally due to frozen assets and financial sanctions imposed by the u.s. europe and the united nations libya's sovereign wealth fund could arguably be forgotten about unless one of the world's top financial firms is house accountable so americans have been demanding that for years without any success docilely achieve what the american people and the american government can't or won't achieve i don't think so i think that they're going to get away with this you know big billion dollar boondoggle with with libya just as they've done it with america goldman sachs is currently being investigated for playing a major role in the two thousand eight hundred and how crisis a crisis that cost americans millions of their jobs homes and life savings while a military conflict currently divides the u.s. and libya uniting citizens of both countries is the financial game wall street has
made at their expense or in upper nile artsy. meantime a florida based investment bank of bernie goldman says the bank's operations with libya could actually be a part of why don't. but we have two percent of the world oil supply you became a target these sovereign nation firms have been the primary target of some of the biggest investment banks worldwide but the obama administration has created a criminal investigation it is now in permission or sources tell us they have good evidence that the bakers were told that the materials they were selling in the sovereign nation phones were truly bad assets they knew they were bad assets and they were moving them or. in putting them on the accounts of libya norway and iceland and that's a crime and that's the list of u.s. banks troubles it's pick up so does the countries that the possibility of the debt
ceiling being great becomes more of a reality experts say the move could only mean more economic pain country we reporting just a few minutes. later helicopters have hit first targets in libya russian foreign minister sergei lavrov has announced the deployment as a step towards a ground operation. we expressed our opinion over this escalation of the military operation we think what's happening is a shift towards a ground operation this would be very regretful because the violations of the security council resolution already taken place are more than enough to think about the attack to choose to let us decisions british and french choppers attacked colonel gadhafi supporters near the port city of whatever they were deployed just days after nato extended its intervention for another three months recent weeks have seen intensified allied airstrikes on the libyan army. there are indications
that the law can start which will produce a genuine libyan political process if you simply keep dictating things from the outside by supporting the rebels by saying that this person has the oldest person has to stay bringing somebody in announcing that some particular individual is legitimate the other is more legitimate then you have to adopt the country just go ahead and adopt the country do another iraq in libya we don't believe that as a i was trying to say that is foreign capitals can determine who is going to leave the country and what has happened going to happen there and there has to be a political pros so our idea is that there must be a ceasefire just with a pause as possible because it can produce a situation where civilians are not going to suffer any longer and political week mark told us here in our city that nato is stepping up the attacks on libya is more proof that the mission can't be called a humanitarian. and there just thinking. let's
some boys know they're not. for a long time but there's no use of the russian government or the americans or see if you can. lead the way with these. and later love but. we just love the world and taken from. us what we don't love. all the same goes of abuse i love you can you can consumption using movies maybe the multi-media vision because the area makers on the. one say the. age of no law political. negotiation it was eating every. other u.s. congress has slammed president obama for launching the operation in libya without
consent will this change and. we can predict that it's really going to have very little effect we're told to the editor of palestine chronicle book com you can check out our website our teeth dot com for that. the russian military says that a massive fire i mean that's been raging for over twenty four hours has been put out but a number of those injured in the accident continues to rise and currently stands eighty six dozens of buildings have been destroyed almost thirty thousand people forced to evacuate one of them is in the region with oil. we're actually at the moment on the edge of the security perimeter that's been set up around this munitions holding facility we've seen helicopters and airplanes dousing the smoldering area around it there are no flames there we can see just now firefighters said that they had the situation localized it contained now from what we've seen we've been here this morning that is exactly the case they are few areas
of the forest around with the storage facility is that are still smoldering but this they are not on fire and have been doused from the sky there are however explosions still going off about three or four an hour now these on six of the same type of explosions we saw from the fire that started over twenty four hours ago these are controlled explosions being carried out by special forces bomb disposal experts they've been working round the clock to make sure that any ordinance that was damaged by fire can be safely put out of harm's way and we've been hearing some horrific tales from the villages about the evening when when this took place. where we were right now inside some of us who are still wearing our sleepers and nightgowns. i was putting on my jacket when i heard a shell rammed into the wall plaster began falling off i grabbed whatever i couldn't started running. when we arrived we saw a huge flames it's
a massive explosions. now the pictures that we've seen from this this blaze when it was at its height with the shells exploding all around some horrific scenes of course many people were injured some of those have been released from the hospital some are still receiving treatment but this village is home to a lot of elderly people when this fire started they they sought shelter in their basement it had to be rescued. then mainly elders who hid in basements and were evacuated by rescue teams we didn't took over and moved them to hospitals and evacuation centers no one understood what was going on so everybody took cover. as best as they could just last week there was a fire in cheery and a similar type of facility to this one where i am now president dmitri medvedev has been scathing in his comments suggesting that two fires in two weeks is too many to be allowed to think he saw a trend was beginning to appear now he's promised a full investigation into how this was allowed to happen and his promise that heads
will roll if you finds out that any people in power flaunting the safety procedures as president has said that if any senior military personnel are found to be to be negligent they will be removed from their positions. that is pretty relevant reporting that now you can follow the situation in russia as republic of korea as well as watch a spectacular video is the fire online just log on to our team free video there are a free video section to check out unique footage of the fire taken by un mandate drones the state of the art planes are used by the emergency services to monitor the situation you can view and even download the high definition video ad free video r.t. dot com. pretty free storage is free. range green is free.
free. free brought in mediocre for your media project a free media junkyard dog time. for you with r.t. live from moscow right now rocco melodic chars a month before he has to enter a plea of plea to charges rather of genocide during his first appearance at the hague tribunals the former bosnian serb general called the accusations monstrous and noxious a former army chief has been charged with eleven counts of war crimes including his part in the massacre of eight thousand muslims in one thousand dangerous like this was arrested last thursday after sixteen years in hiding his handing over to the court was seen as a key condition before serbia could join the e.u. but still there are many steps to be taken before membership some pics would say it's not always this complicated to join the group. with those conditions don't need to be met if the e.u. likes you ask about iran or mania who admitted for very obvious strategic reasons
and didn't meet any particular conditions at all in so doing now the real reason that serbia is outside the e.u. club as it were is that the serbian secession is problems of course a lot has not been resolved that this. it's believed to be resolved and the e.u. prefers serbia to negotiate regarding that situation whilst on its knees and which is a position that was no doubt if you very familiar with those original figures eight thousand came out and about from these are big or which islam is side they were prepared in advance. thousands of people were hidden soldiers and drafted backings of the. list forces without their families even being informed so there is certainly a great deal of exaggeration in the figure and the tribunal is justifying his existence it was set up by madeleine albright's point an accusing finger at the serbs and the high be existence of the joint criminal conspiracy to destroy the state the form of the state of yugoslavia over half
a half of the adult population of serbia dives to form the all male population of soviet guides of the former yugoslavia which was destroyed by the west ours and the hague tribunal is there to create an entirely different picture it's the one time the most of europe where people are held for years without trial waiting for trial when they're when their verdict is known in advance in fact is even worse than the guantanamo bay of europe because at least there in the guantanamo bay the judges know what the rules are at the hague tribunal is kangaroo court the rules are worked up as they go along and always at the expense of the serbs and the lions the deputy editor of the online magazine the spike who says what's going on there hey in russia going on in the hague right now excuse me it's actually a show trial with the outcome already set in stone. i don't think there's anything . there about this trial it's all about the whole process. i think what's what's happening it is that because the outcome is going to be in. that already it's
a bit of a show trial i think. as a result i think it's very much about bolstering the west's position and making the west look like it's if the free the founder of justice. the largest has already been. the bad guy in this i'm not. allowed to choose our wonderful human being but there were crimes on all sides and not war and to pick out one side was worse than the other is a bit peculiar a situation was much murkier there were opportunists nationalist politicians on all sides and some fairly brutal people behind them as well and our contributors to the arts forum are saying that the hague tribunal should be dissolved and in their view it has no legal grounds to exist a good one website to have your say on whether general rather than the laddish will get a fair trial i think you went to war crimes court dot com is the address where you can express for. the huge source of personal data in the
palm of your hand that's what a smartphone has become nowadays all the private information on your hi tech devices can easily become public knowledge r.t.c. caught up with that has discovered how. and what does your i phone four know about you and who can access this information. even when i'm not making a phone call and just walking around with every step this quote tracked might be a graphical location if i don't decide to connect to the wife or hotspot in this nearby cafe my phone records that as well if i then decide to send an email to house with and some private passwords all of that information is stored on a device itself and fact this is a treasure trove of private data that's kept there for months and sometimes even years until now you could at least protect yourself with passwords that will hard to crack but now a moscow company says it's hacked the defenses of the i phone four for several
thousand dollars it will hand over all the data on any protected device. we are a force for good we don't just give the data to anyone we require people to fill in a twenty page form to say that they need it. despite these reassurances many see development as a cause for concern. for them to do this is a bad idea whatever do intentions now they have created more about unity's full law greatest access to private data with. the moscow based company which specializes in breaking down security systems so far clients have been police security services and related of people who have died. as for privacy concerns the crickets say if it wasn't them it would be somebody else but. we can forget about the oh your privacy all together whenever you go on the internet you are already revealing everything
about your so much as it is becoming that's way with using your for a. good deal at their love has just one piece of advice if you do buy smartphone make sure you don't let anyone else get hold of it either and i have seen on the scary. thing you can always i find more on the stories we're covering on our website at www dot com a couple of the items i waiting for you right now hard labor instead of life in prison and russian lawmakers have come up with a punishment for serious crimes to replace the death penalty find out how the initiative has been missing. the george w. bush alongside adult discover who as made it to the list of the worst people of all time published in an american school.
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mad their people suffer. how some take advantage of power that was given to them. secret some big dirty money. on r.g.p. . hungry for the full story we've got it first hand the biggest issues get the human voice face to face with the news makers. the close up team has been to the golden grand reach thank you own the turning point more to. this time the party goes to the region where half of the area is occupied by a nature preserve. where the young generation transition their ancestors steps down where the mysterious city of a deadlock world come to the republic for such a rush to close up on our key.
welcome back you're with us you live from moscow now at moody's ratings agency has warned the u.s. that it may downgrade its credit rating if washington doesn't make progress on its dealing with its that it has increased speculation the u.s. will have to raise its debt ceiling which was already reached in mid may but economists that peter schiff believes that will only make a bad situation for us. but we have to do is stop borrowing all this money you mentioned earlier that one of the problems is that we haven't raised the debt ceiling that's one of the only good things out there that that feeling is still there unfortunately they're going to raise it we're going to go deeper into debt which means bigger problems and this is not just the economists are describing this is the soft patch it's not it's quicksand and economists who think this is a soft patch these are the same people who in two thousand and seven said the u.s. economy had never been in better shape they didn't see this crisis coming right
never understood the problems of the u.s. economy and they still don't understand them they think that government stimulus made the problems better it did it allowed the problems to get worse and the number of people finding a new job in america is at its lowest level in months and i'll carry on and your president has hit the streets on finding out if it's worth paying for an education when there are no jobs at the end of life. with today's tough job market is it worth spending hundreds of thousands of dollars for college education this week let's talk about that how much does college cost in poland and college for free. any this day it costs hundreds of thousands of dollars so probably it's a problem if i get caught and and young people from all over the world are bought off on it and it needs to stop now i'm not going to say that the government
needs to pay for it but i think young people need to wake up and look around them and say you know it's not an accident that bill gates was so self taught maybe if kids took two or three years before they went to school and had a little life experience and then had some purpose to their study might make more sense. what is the be worth hundreds of thousands of dollars even at that point i don't think so but i live on one year of accounting i took undergraduate. i wrote millions of dollars on that one cause which i only paid two hundred dollars for i own a business i hire the best people i can get if you're not if you have a college if you don't have a college education don't even come to my office and apply to what you where did you go to college i went to college in texas and you use what you learn is there every day absolutely do you think it depends on what field you're and possibly but let me tell you this without an education you just have a whole lot tougher time in life but we're also told that we all have to go otherwise we won't succeed. faster than the south may not have
a choice not to go to u.t. as you call it. sounded fine certainly the guy is known to be way out of range and if you go to the top schools thing and he the rich people can afford it why is that it do you think that that would set us back over the long run in terms of what we can produce really is. i think if you look around your economy and the rich are getting rich and the poor are getting poorer and the middle class is falling away people are seeing this real estate in the new economy i think the american people are suffering the bottom line is that most employers still think a college education is important and ultimately it's their opinion right or wrong. with r.t. live from moscow let's check out some other headlines from around the world at this hour it doesn't so be killed off
a secure office opened fire on protesters in the syrian city of hama one hundred thousand people poured into the streets in the largest demonstration since the uprising began in march when some state snipers were shooting from the rooftops trial police were firing tear gas and live. internet subsets of prevent demonstrators from posting a video. on. high radiation levels have been observed in the crippled fukushima plant in japan the operator says it is the most elevated radiation level ever and ever detected in the air inside the number one reactor steam it's also been coming from about part of the plant the high levels were detected by a remote control. well it's a very stressful life in the big city demands people look after their health. needs must go up because it's the russian capital's best places to recharge one's batteries. for. the past month such a sense of peace
a nation in some of the churches has been used since. the inception forces that have been dried and the most in fifty years if you can see the this is the signature it's. essentially. nailed. up to school to sleep reading. books. it's. clear. that moscow is coming your way next hour here on r.t. and i'll be back with the headlines children.
street on a large easy. to get. past . the. line russia would be soo much bryson if you knew about someone from feinstein christians. who threw stones on t.v. don't come. in moscow all g.'s available in hotels corsten full of you know all those not all toto keep a palace it is called us photo east which.