tv [untitled] June 18, 2011 7:00am-7:30am PDT
today violence is once again flared up. these are the images the world seen from the streets of canada. corporations rule the day. the e.u. agonizes over curbing its catastrophic debt ambuhl looming bailout of budget cuts other countries ones eager to join the blog have second thoughts. about how to stop the global crisis happening again a major business and political leaders have discussed just that at the international gamache forum which has wrapped up in st petersburg. syria faces the third round of e.u. sanctions amid more deadly ends a government crackdown would saw more than a dozen dead and thousands rage nationwide.
six pm in moscow you're watching r t was marina joshing a real war that's how greece is the latest finance minister sums up the job ahead of him has been tasked with securing another multibillion euro bailout the criteria for which means slapping and outright hostile greek public with more stary cuts and some countries like turkey which once harbored dreams of e.u. membership are beginning to rethink their plans. if you talked about turkey in the e.u. ten years ago turkey's hopes of joining would have been inseparable from joining the euro not anymore turkey's attitude in short can be summed up very simply a big part of the euro right now took on the street seem to have a wide range of opinions on the euro but their country's doorstep europe's economy
is worse now turkey says improving turkey is improving in all fields but europe is going backwards say we don't really come. to these people are using the euro is an investment to earn money here is a more reliable and turkish market there's people don't want to save their money in the euro. this neuros you get more than leave out and euros also stronger than dollars having said that i don't want to risk investing. but academics analyzing public opinion have found a common logic in decisions about the euro people polled don't care about wider economics but about their own personal finances. economy is that beyond the important factor that will make euro skeptic or a euro five the public opinion analysts are keen to point out that further economic integration into europe doesn't just mean money and that people should only think about their pocketbook economics they have to take into account the freedom of the
labor the freedom of service you know service these are all integrated any other so it's not only you know exchange of money or turks the turkish new living. thing. one thing everyone does agree on is the mess the eurozone is in whereas turkey's economy grew nine percent last year and over ten percent in the first quarter of this year europe especially southern europe has come to the point of catastrophe because of excessive borrowing greece has so far been the worst hit it sound others economic disasters have meant appeals for bailouts this makes it difficult for national governments to defend. possibly pouring more money into the coffers of irresponsible or inefficient members with increasing tension in the economic mismanagement some for see big problems ahead economy corporation. based
on a single currency europe. is. going to be history in the near future meaning that turkey will likely remain an independent trader for some time to come turkey's markets are famous to tourists and traders the like taking that mercantile spirit to europe but one seems like a good idea but with all the riches here not in europe no longer seems like such a profitable move tom barton r.t. istanbul turkey while the e.u. struggles to pull its members out of a destructive default spiral the countries which are stuck to their own currencies are breathing a sigh of relief and they're to view from germany which has always been the chief proponent of the euro. well those european nations that are not be your will no be much stronger. if they're the right thing. so there's no way we can avoid
a default if you will have to be done or leave it is with the european community everybody together if the greeks believe. that is like you know if a stronger mind major major break into the system but if you want to be completely cool it cannot mean you no longer go both the things like an economist i think is trust the best solution because. once you know you value what you can do that once you value you retain your control it with most of the international market this after all it was the origin she never broke out of the military with the u.s. dollar as the. and in a few minutes the highly qualified people destined for a low quality life. china's boom produces more university graduates bana can cope with carrying out thousands of virtually worthless degrees every year.
in st petersburg leading business now political figures have been thrashing out how best to avoid another fatal economic meltdown the last session of economic reform that's taking place in the city which has also been getting major firms to take a fresh look at investing in russia and he has been there for us. of course the main topic at a session on caldwell financing with european officials there is going to be the girl crisis a lot has to be aside from the two officials finless presidents face prime minister both stated that it's not a hero prices that the separate countries in the eurozone are having crises and they kind of outlined that the top of the euro crisis of the currency being weak this is really as they see it the currency is very strong that could of course be too faded from the president of kazakhstan and president medvedev we heard a little less optimistic things of how the euro saying that it could be expected
that when so many different states get together and share one currency that eventually they're going to run into problems overall has to be said the session went pretty optimistically president is ready for saying out that the economy is a lot like the weather here in st petersburg one day but on the first day of the form you have beautiful sunshine on the next day you have rain and that's how really experts in these officials are looking at the economy and optimistic that eventually they will somehow i get out of it the main challenge though that europe the european union actions and russia and countries like cause accent are facing is not to allow the euro crisis to affect their trade and that's really what was the focus at this final session it has to be said as well though that the final question actually from the moderator wasn't in fact about money it was the question that was really on everyone's mind and would it come up before the end of the forum and that of course is whether or not president stated is going to run for reelection here is what he said. but i wouldn't put it when i consider it
appropriate to tell you whether i will do it or not i will come out and say it in this forum is not the best place for that one thing you can be sure of is that i would be able to avoid making a statement i will have to tell the people of russia and anyone else who's interested about my decision to put the secret that president medvedev may want for him as president and if you're wrong. for reelection it will certainly be modernization that's what he opened this forum with and this is the best place to really work in detail on projects like the scope of it which was the plan to build a somewhat like silicone valley institute just outside moscow it's well underway in terms of development a lot of c.e.o.'s and figures here for the three days summit in st petersburg from silicon valley we had eric schmidt from google and they're actually meeting with all of the officials from still by working side by side with them to make sure that this project moves and develops the simply as possible so it's
a great venue for the movers and shakers as we call them to really get together with these officials and in a very informal matter proves that the way they think that it should be done. and he's now reporting there from st petersburg and more from saying that his birth for him in our business board in about fifteen minutes time that lyric's day a special edition of our tease on the money where peter lavelle talks to people at the forum about what lies ahead for business in russia. and on the way here in our team how to get a facelift in the for us. this russian orthodox church has wandered far from its whole month wrong thomas and fourth ago coming up on our show you we explore the world's southern most russian orthodox church. the latest show of defiance against syria's president assad has seen at least another sixteen people killed as thousands of people protested in major cities urging him to go that you is lining up
a third round of sanctions against syria canonic entities imposing them on companies meanwhile the united states has discussed u.n. action in the region with russia has been them violence calling on both sides to engage in talks and says it will not support any u.n. resolution that may result in intervention but anti-war activists brian becker says that sanctions are only the first step towards a wider action. the if it adopts these new sanctions the third wave of sanctions they're incrementally escalating the u.s. and western european intervention into syria i think that we're going down the road as we went in libya where one step leads to another step they're climbing the escalation letter they have a very sort of selective concern for the lives of protesters and democracy movements or movements that call themselves democracy movements you take a reign there they're there condoning the crackdown and peaceful protesters i think what's really happening is that syria syria has been targeted by the united states
and also in principally by by france and the u.k. for regime change and i think they see this growing protest movement and the possible slippage of the country in the direction of civil war as an opportunity to overthrow what has been considered to be an independent government in syria. the middle east watch areas have been telling our t. that the u.s. may talk of public protection concerns but actually has its eyes on a different prize. all the talk of exporting democracy and all that sort of preaching to the rest of the world i find is highly inconsistent and it's hypocritical and in the case of syria in particular i think the u.s. is caught between wanting to be put at same time mortified by what the alternative would be in syria which in my view is completely unjustified it's not necessarily going to turn into a fundamentalist islamic states or anything like what we are seeing there are
really for freedom and democracy and. could have been. a more consistent role in foreign policy hasn't done but is also a new sort of intervention there with. which is based purely on this desire for stability is going to be counterproductive. telecomm as barack obama gets sued for going into libya without asking congress we asked people in new york whether of the war is worth it. it's a waste of money the lives of young people you know do you think this is maybe another reason for doing it the reason all the all of this and other takes on america's military motivations gathered by the president. well maybe they have and we asli watched surging growth but it has proven to be flawed in at least one area rapid expansion of universities means cities are now i watch
a former students on employment scrap or forced into menial jobs henry morton reports on the rise of china's graduate ghettos. despite the global slowdown china's economy is booming and cities are expanding at a seemingly unstoppable pace as people look to leave the school rule backgrounds behind in search of the chinese economic miracle. and one of the largest groups of people currently moving into china cities are university graduates like those from this campus in downtown beijing however many are arriving to find their degrees are virtually worthless and the streets are paved with anything but gold these graduates often end up living in the most basic and squalid of conditions and forced to do menial jobs sociologists have dubbed them the ant tribes and there are thought to be more than one hundred thousand living in beijing alone in june chin
is one such and he shares a twenty square meter room with five other graduates in a former workers dormitory in the north of beijing washing and toilet facilities are shared and there is nowhere for them to cook but it's not just the ants that are suffering and will force my parents and sister went through a lot of hardship to save the money that put me through university i studied hard and did part time jobs to support myself you know though all i can find is unskilled part time work so i really feel like i'm letting them in their own. part of the problem is that there are simply too many university graduates now entering the system in one thousand nine hundred eighty two when the government began to seriously look at expanding higher education chinese universities were producing eight hundred thirty thousand graduates a year in two thousand and ten but number was six million and it's still growing a lot that is reject the work on the one hand chinese universities are already in
a weak state we lead in weaker within the rapid expansion so the education received by many of today's graduates has been very poor on the other we have a whole generation who are used to having everything going for them you cannot do anything for themselves he's going to give people like this work. with reports of rising taking place in some areas the government is now looking to take action measures being discussed include limiting residence permits to skilled professionals and introducing electronic id cards for outsiders without a stable job however with the number of graduates entering the workforce sets a continue rising there seems little hope insights for china's own tribes and i'm also an artsy beijing you missed something on air we can always watch it there are tea party you've got loads lined out for you they're cornered by kindergarten a four year old boy who wins a lawsuit against a circus for not putting on a show of promise. an american porn tycoon says there's always room for
winner and makes an offer to the sexting scandal politician. if. he. american lawmakers are suing obama for violating the constitution by going too far in libya they say he's breached the time limit for mobilizing the military abroad without asking permission from congress are roving reporter the resident took to new york sidewalks to hear what people there think of sending more troops into more countries problems. we're number one in the world or we can us sure the world we can still do it even though you know the best we can have we can still do it why is that so important to
be number one has to be possibly one of the one better be as we think about. the americans as being some kind of the world police you know you think about your ethic yes you don't think there's any altieri motive. no oil interest no economic interest no no no no what do we want to accomplish that. just the safety of the people to which the money and the lives of the young people did you think this is maybe another reason that we're doing it of course and one reason only or whatever the reason i don't think it's logical out of that makes any sense but i think there's a big disconnect between what people in government are thinking and what they think we want and what we're letting them know that we once. maybe our priorities are the same so you have all these countries in the middle east where the people are standing up against their government lying people in the u.s. standing up against their government thank you a bring our troops home i don't think that one day that will happen you know there
was an arab spring maybe that america will have its own spring no matter how you feel about the imperialism of the united states the bottom line is let's face it it's not going to stop anytime soon. a so-called laboratory of death has been destroyed in a special operation in russia's north caucasus republic of darkest. around a dozen powerful homemade bombs were discovered in the forest today area officials say the raid prevented terror acts across the republic and saved many lives all the bombs have been destroyed and number of cell phones were also found which could have been used to trigger explosions the operation came about after a terrorist suspect was arrested in the same area. let's now take a look at. some other stories from around the world sectarian clashes in northern lebanon have killed seven people including a fourteen year old the government deployed army troops in the city of tripoli to
prevent the violence from escalating between sunni and al we muslims it was a result of protest against the rule of president asad in neighboring syria lebanese sunni are strongly against the regime there while the minority support who belongs to other denomination. work on decontaminating water japan's fukushima nuclear plant has been halted after a surge well above sea levels authorities are anxious that the water inside the damaged facility could spread further radiation into the environment meanwhile a u.n. atomic energy agency report has criticised japan for failing to put essential safety measures in place in the wake of the disaster. and more than half a million people have fled to areas ravaged by severe floods in the young to river valley in central and southern china the military as been mobilized to help rescue efforts and the disaster alert has been raised to the highest level the heavy rains
and flooding have already left one hundred five. and sixty five missing the downpours expected to continue for several days. when it comes to devout religious worship the russian orthodox church will go to the ends of the earth for its faithful flock thomas reports on the same side to the south pole. perched atop a picturesque a rocky hill overlooking the sea since a typical in the tiny russian orthodox church though this scene looks like it could be taken right out of a siberian picture book think again. that the word this is important so far this is the only antarctic station that has a russian orthodox church. in fact the trinity church is the southernmost russian orthodox church on the planet and getting it here was not an easy operation these. in two thousand and two they built the temple from the cedar tree and the church was built and it sat there for
a while until the end of two thousand and three they numbered all the parts every beam was disassembled and they transported it to kaliningrad from there it was shipped all the way here to antarctica since feb fifteenth two thousand and four the church has been officially up and running with the orthodox church providing a staff of two specially trained months each year given the extreme climate in which they operate let's face it stream challenges as well. because the conditions in antarctica are unusual with strong winds we need to hold back the power of the wind with strong tight walls and special chang's sometimes the rain here comes out as horizontally with the wind so that water is not just coming through the cracks but also we can climb up which to leak inside of you now a trinity church has become a sort of antarctica landmark even becoming somewhat of a tourist destination for v.i.p.'s and diplomats. no matter who visits this church they always say it's beautiful it's a remarkable church made out of good in a russian architectural tradition. more than just
a popular tourist destination the building at billings thousands creation on king george island is a gem of the russian orthodox church and it's a fully functioning for thirty or even performing where matrimonial honors for those. players i came here for a long stay sixteen months and i had no idea that the. it was a church and russia i was not a frequent visitor to church but here somehow i started to be before i left russia i promised at the end of it i'll bring her here i was not sure how but i promised that i would whilst atlanta was still in russia i got the idea why don't have our wedding in this church. you know its audience one or one of only two couples to have get married here trinity making very marriage a part of antarctic history in antarctica sean thomas policy. well now let's get down to business and join matter as i said the same as our international economic form.
that's right these are the days when the sun doesn't set on russia's northern cop at all but it is going down on the rushes on the st petersburg international economic forum or president dmitry medvedev capped off the entire event with a address during a panel discussion that he shared with the presidents of finland the prime minister of spain and the president of kazakhstan where they discussed the challenges facing the global economy the russian president called on all countries to jointly handle challenges facing the global financial system and he said united efforts and policy will help pull countries out of the deadlock and the doldrums that are facing the global financial system he said a key priority for russia in this case is to integrate more with other countries in the global economy and foster better cooperation with all of them and part of that a keystone of all that he believes is the establishment of moscow europe's largest
city as a major financial hub for the global financial system europe is looking toward is looking toward those he believes that he believes that moscow is uniquely positioned to provide that service he's proposed in this case to expand moscow's borders currently seeking to move the jobs of large institutions out towards the outskirts of the city and bring those outskirts of the city not currently incorporated as part of the city system in order to free up space in the city center and downtown for new business to go when there are more private business to bring more capital letter free of congested space in the congested downtown in order to bring more economic growth to moscow and really established what is as i said europe's largest city as a major financial hub not just a regional one we'll talk more about this with post from v t v capital who believes that it is a key thing to create
a good environment for international work in the city center of moscow. i believe one of the main child. which is. what we've heard actually here in the forum as well is the lack of his infrastructure the legal system. in russia i think a basis for police to put down is to make sure that there is easy nice. gazin is for businesses to do business in moscow one thing was the government souls' this i think the school become much of a financial center. but jack are now off from elbrus capital management believes it's also important to boost domestic capital in russia i would like to immediately points to. one weakness of the russian financial system which has to be addressed and it's very unique looking. from a global perspective no other major economy in the world such a tremendous lack of the domestic capital for the. financial markets being about
a quick peaceful process then you've got sense right she's very unique we were true even though present the solenoid systems of haitian mutual funds which would provide the mystique of hope to support the equity market and to provide liquidity for the and i think that's a very specific domestic problem the go forward to sell food chris you know the provide the background for successfully creating a financial sector this meeting often being called russia's answer to davos the st petersburg international economic forum of course had a lot of big business that went along with it a part of that fifty contracts having been cited about it to some seven billion dollars worth of work that was accomplished here among the deals the website a memorandum of agreement with the russian atomic agency to establish an eco system for nuclear medical research here in the country so that's an important point also as i had mentioned the spanish prime minister is that the taro in st petersburg for our work on the conference and russia and spain working on contracts that were
worth some eight hundred million euros may put pen to paper here in st petersburg on. the countries will jointly build new trains and they are working to develop oil and gas here in russia so that's new business and investment coming into the country always a good thing for the leadership here russia and spain aiming to boost trade to about ten billion dollars a year or so a lot of big business coming out of out of the st petersburg international economic forum on day three of the gathering and that's the business news here on our t.v. stay with us headlines up next.
more than a month. in one of the most extreme environments on the planet this is antarctica and people have to be aware that they are far away from civilization shawntel those discovers what makes antarctica so special and attractive for many the wildlife in antarctica is closing and friends of. expedition to the bottom of the earth. if. if. he.