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tv   [untitled]    May 22, 2012 12:00pm-12:30pm EDT

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collision course winning student demonstrations in canada descend into street battles with police on the eve of the one hundredth day of protest. the i.m.f. warns britain to come up with a plan b. against the euro crisis while schools universities across spain shut down in protest at a sturdy. things are putting this on edge after deadly clashes between supporters and opponents of the regime in neighboring syria spread from its northern borders all the way to play with.
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a line on screen this is r.t. with you twenty four hours a day live from moscow the student protest movement in the canadian province of quebec is pledging to bring thousands on to the streets of montreal to mark the one hundredth day of demonstrations that's after their rally against hikes in tuition fees spiraled into violent clashes with police protestors writ large slabs of cement out of the roadway and held them at the offices who responded with caution bombs and pepper spray and the three hundred people were arrested and several dozen injured the local government sought to stem the protest by adopting a new emergency law to restrict the rallies last week a canadian journalist michel boy who covered the rot says the law will do nothing but inspire further unrest. seventy eight which is what that's it's all and it's goal is to con everything down it was established by the provincial government. in canada we have a we have a charter and one of the articles in the charter is the right to protest peacefully
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and people and protesters now are saying is that certain provisions of this new law are and cringing on the freedom to protest peacefully so people are in fact even retaliate even stronger one of the most extremist groups has publicly said that it is completely going to defund i this new bill and it's going to go against it it's going to continue protesting so it's going to be quite an interesting scene of events here we really don't know what's going to happen really until the until the government since down with the student organization since down to talk. and later this hour we report on the brink of mass protests engulfing the north american continent. thousands of activists vented their anger at nato summit in chicago saying they want their taxes spent at home a lot on costly wars. and in germany rising petrol prices put the brakes on the
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public's economic optimism and force motorists to gear up for the worst details in just a few moments here on r.t. . but first it's time for britain to come up with a plan b. a new i.m.f. report says if the country is to survive the turbulence building in the euro zone the annual summary of the state of the u.k.'s finances also warns that unless britain eases off on a sturdy it could make the impact of future shocks even worse meanwhile in spain everything from elementary schools universities have shut down as teachers and students strike together protesting against severe cuts they say could deprive thousands of the charms of education james the new economics foundation think tank says. is deepening crisis. if you drive weak economy europe is collection of weak economies if you drive a weak economy into greater and greater austerity you don't make the economy stronger you make it we could still you know really this is one of the mechanisms
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that helped drive the great depression the one nine hundred thirty s. for germany to be insisting austerity now is leading only to stagnation inside europe it's making the crisis much worse than it needs to be you can certainly see the short term impact already i mean if you take the the social impact in greece it's absolute catastrophic in greece used to have one of the lowest suicide rates in europe suicide rates there risen by forty percent over the last year and you can see the social impact from one end of the continent to the other but it's the long term economic impact that starts here there are no realistic prospects recovery inside europe certainly inside the euro so there's always austerity is in place i suspect what will happen is that you'll start seeing increasing. or a deadlock at the center of your with no clear agreement to. what exactly should be done next. in portugal international debt inspectors will be checking how lisbon is spending its bailout money wracked by unemployment and recession analysts say the country has been brought to the brink. but one of the world's most influential
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investors is it's best to be wary of whatever the credit a team sense these people always look at the world bank look at the i.m.f. look at everything they've said in the past two years they have never lied about anything so very likely we would have that kind of a knock on effect because some politician in some other country is going to say aha i will say i will get us out of the euro i will save all of my poor citizens then somebody would leave and then another politician would do the same and you would lose four or five countries from the euro which would be a terrible shock lots of loss this would happen in the financial markets but if we survive it up you're much stronger if you get rid of the people who are trying to spend other people's money then the situation would be stronger we'd all be better off you'd have a currency which could compete with the u.s. dollar. as ears in stagnates the middle sturdy and the strongest nation is also slowing down literally fuel prices in germany is spiraling and as you look at this
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kind of explains drivers are having to reconsider how often they hit the autobahns . germany the land of fast cars high speed autobahns and rapidly changing fuel prices. petrol is way too expensive we don't have that much money these days and i think the rich well corporations are reaping a big profit margins with these prices and making me mad in this day and age when mobility is as important as ever there's no alternative either going on but a big part of this money flows to the government i think it's a giant ripoff. prices and gas stations can change four or five times per day both jumping and dropping the first four months of two thousand and twelve alone saw a fifteen to twenty year old cent increase for one liter germany is one of the few places in europe where there are very generous people and that's on growth if and all together so you can drive often pretty much as fast as he lets you but as fuel prices rise being
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a liberty's many german drivers are so proud of her do some serious damage to their pockets a full tank of the cheapest petrol can often cost over one hundred euros and when it comes to big trucks filling them up with diesel could cost up to fifteen hundred euros making them easy bait for thieves during pit stops. for two weeks ago on the twenty fourth highway heading to hamburg they drilled a hole in the tank but the driver noticed and confronted them he came out and got beaten up even duct tape his mouth gas prices depend on state taxes in germany there and on the steepest in europe also on the ratio of the euro to the us dollar in which contracts are signed and of course the oil price itself which hasn't been going through its most stable time what does affect the price is that it's the overall variable letter situation of the middle east and iran in fact we have this aircraft carrier groups you know sailing towards the persian gulf we have israeli
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threats of war we have american threats of war so while the middle east uncertainty . oil prices remain unpredictable many german drivers. are scheduled. blips even for a country that worships the wheel it may be high time to rename the course power you what is going to. germany. the rapidly worsening situation in the euro zone is now raising questions over whether the block in its current form can even survive the crisis and coming up in about twenty minutes from now political risk consultant dr john hulsman gives us his view. problem was they set up a currency without having a country and it's like building a house from the attic down you don't get all the things like federal deposit insurance which means your banks are guaranteed you don't have a common policy where the european central bank can act like the fed and be a lender of last resort you don't have all the things that make nations transfer
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money to weaker areas within countries just as a matter of course instead of germans grumbling about greeks who retire at fifty two and. you have greeks grumbling about germans having diktats forced upon them that's because these people are in the same boat rowing in the same direction that's the problem and so they created this weird push me pull you two headed monster. and that interview coming away very shortly on nato has reaffirmed its drive to pull out from a deeply unpopular war in afghanistan in twenty fourteen and its biggest summit yet taking place in chicago but they're off is that the alliance will still have a significant presence in the country long after the departure deadline diplomatic row also continues between the u.s. and pakistan over vital transit routes in the country as r.t. is going to check on explains. as far as the war in afghanistan supply routes have been the big concern on the summit there vital for nato operations there as well as
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for the upcoming troops withdrawal the route through pakistan still remains closed it was shut down around six months ago after a u.s. airstrike killed two dozen pakistani soldiers five mistakes some as declaration says they're still working on a deal on a new deal with pakistan in the meantime the alliance relies heavily on northern routes that's a key area of cooperation between russia and nato because russia provides its airspace railroads and other routes to supporting our national forces in afghanistan the importance of that cooperation was also underscored in this joint declaration in their statement nato leaders were focusing on how they are getting out of of ghana's then because the war has become so unpopular drained so many resources most analysts describe it as a failure but there is a process that many are worried about and that is that nato is taking up a new role which has nothing to do with defending europe and north america its
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becoming an offensive force thousands of people took to the streets of chicago to protest against what they see as an expanding war machine answering a journalist question president obama said he was quite happy with how chicago police handled the protests that raised some eyebrows considering scores of activists were badly injured here's my colleague honest. reporting from the streets of chicago. chicago under siege. the last couple of days have seen oceans of protesters thousands marching under a blistering sun to vent their anger at the military alliance wants to know if. this rally fronted by iraq and afghan war vets feeling betrayed by the system through a their medals. after a minute of so. silence for those who perished in the west led wars. all hell
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breaks loose. chaos but tons of people shoved and dragged police thrown onto their knees bleeding faces. one officer stabbed dozens of protesters arrested someday these men may consider this conduct that they engaged in today unbecoming of the dignity that is demanded of them by their station hundreds and hundreds of police not just in riot gear but military armor with guns and but tons that they willingly deploy on people. a day earlier a smaller but louder march also took to the streets it's an ad to capital. i'm sure everyone here hopes to start a revolution they're calling it the chicago spring like the arab spring. signs ripped off crowds clashed with police but times and police bikes used to block off the crowds with more blood in the chaos. we do for
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a million dollars spent on new gear for chicago police a war breaks out with outraged americans fighting for change at home while the u.s. president is busy hosting the summit and the future of warfare abroad and stacy churkin r.t.e. chicago the winner. joshua holland editor at the alternative news portal alter net in san francisco says americans realize the financial wus a result of military spending. a lot of discussion we're hearing so much about budget deficits and threats to cut our our social safety net and i think a lot of people understand that there is a certain tradeoff between the military cost the military expenditures that were that were expended on afghanistan and other conflicts and. the budget deficits that we're facing domestically so you know there is a message that we would like to invest in but are rather than guns in the meantime
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russia is turning to huge fines to try and make protest safe a new bill could see russian protesters paying the quickness of up to fifty thousand u.s. dollars if they preach the lord demonstrations of details on that coming up in a few minutes. i don't propose an egypt save the uprising leaders have discredited the revolution and driven the nation to the verge of economic collapse that's later in the program here in. the first the u.n. secretary general has called on conflicting sides in lebanon to restore order to two people were killed in clashes on monday has been involved in the country between opponents and supporters of bashar al assad's regime in neighboring syria political analyst in general his time on the shop he says western powers may be unwittingly providing indirect support to terrorists destabilizing the whole region . the ironic thing is that al qaeda and the western powers are seem to be.
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the same in the same group that is defying the lebanese authorities. this is a very peculiar situation and i think that many european and american allies are warning that this is a situation that. western powers cannot sustain because these groups fundamentalist groups some of them are. movement or they are supporters of openly i mean no one can actually deny that and at the same time the united states and the worst impulses. which is very close. to that situation. and that's a very descriptive way of saying it and you can check. for themselves and they can actually see and we have interviewed many of these people and they have openly supported the movement in the meantime violence continues in syria where five
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people have been killed by a bomb in a restaurant in damascus the air in the north the city is known for for a chance against president state television blamed the explosion on terrorists a term used by the government to refer to the armed opposition is the latest in a string of attacks across the country with daily reports of violations of the ceasefire which began last month the u.n. puts the death toll from the ongoing violence in the country since last year ten thousand people. a real crash in southern india has killed at least twenty four people and injured dozens of others investigators believe that the driver of a sleeper train broke a signal and collided with a good strain three passenger carriages overturned leaving many trapped in july last year a packed express de railed at high speed in the state of pradesh killing sixty nine people. a massive rain storm is caused flooding and power shortages in northeastern france with one person found dead in his home
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a downpour equivalent to six weeks of rain fell on monday night around will see with water reaching two meters in some places the city's mayor has asked for the storm to be declared a natural disaster emergency. smashed a window or ruined a lot during a demonstration get ready to pay a massive fine that is the essence of a new law approved by russia's state duma in the first reading further as the details. well most gay protesters could be set to get hit where it really hurts and not in the wallets others though which is just possible first reading in parliament proposes raising the find that could be levied on protesters to hide thirty thousand of the protesters themselves and up to nearly fifty thousand dollars for the protest organizers now that's really a massive hike from the current maximum fine which is around fifteen hundred dollars so a huge leap and this has been the first meeting the still to hold sergei's really
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the second meetings where some of the jainism ringlets possibly to see those very high amounts loaded in the third leading it will fall into lower this is going to happen over the next couple of weeks it comes on the back of the continued slowly very persistent protests we've seen taking place around the city now recently those two week long occupy style can. be pretty parked in most going that caused a lot of anger amongst some of the local residents that now the government has said that the reigning break in the military to these types of gatherings you know we've seen incidents in the pas just before the inauguration the protesters take apart one of the stages of withdrawing some of the pieces and it's this type of civil disobedience that the government really wants to raided and they say that this is an attempt this low to bring stability and security to these types of gatherings and to calm the provocation but of course it may not salute the slums but the
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opposition who say that it's another me to intimidate the protesters and that in the feature this could actually increase civil disobedience at these talks to gatherings. so remember all news and updates are available for you all the time. dot com and here's what's waiting for you along with science of the moment the hacking group anonymous strikes again this time by exposing private data stolen from the us bureau of justice. also online in the blink president putin takes away flashing blue lights used by hundreds of officials on a cause we explore what it might do for moscow's horrendous traffic problems. there hasn't been a thing yet on t.v. . it is to get the maximum political impact.
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before the source material is what helps keep journalism we. we want to present. something else. life here in moscow twenty minutes past the hour now more than three million people a job loss in egypt with the unemployment rate continuing to rise many of putting
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their hopes on change off to wednesday's presidential election the first since hosni mubarak was swept from power last year. i mean it goes to reports economic hardship was not what egyptians expected after the revolution. mohamed some e.u. has spent most of his life living abroad he returned to egypt just in time to see their ocean unravel and the economy shrivel mama's real estate development business suffered a harsh blow during the egyptian uprising in the year that followed has struggled to keep his company afloat we have a lot of money in the market the people. a lot of people just fled out of the country they never came back so where their accountant said we don't know where they are so we can't pay. and at the same time we have to continue our actually have to put money from our pockets like many mohammad hopes a new rule would bring in new opportunities for investment but he says the economic policy of the interim government turned out to be almost as bad as that of the
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previous regime. would like to be treated like a big scale to pretty much we both pay the same taxes was paid the same due to these jews so our costs of the end of the day would be equal at least in terms of what we have to pay to cover the reforms conducted by the now ousted president mubarak several years ago did bring a certain stability to the gyptian economy but since the revolution the country's finances are in ruins the currency is in jeopardy the people are jobless an angry and the only way out seems to be in boring enormous loans from the likes of the i.m.f. it's just over three billion dollars that the interim government is asking for but critics of the idea say boring from the i.m.f. means being in debt is not just financially but politically as well we do not like the interventions of the i.m.f. and institutions and i have they have their orders and they have their own agenda that are controlled by. superpowers we're not a super power we had
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a very small power but we can act on our own we have money we'll need to know who the presidential elections just around the corner many of egypt's fifty million voters are being closer attention to the candidates because on the programs after all for many of them it's a make or break moment in the country's history and in their lives i believe the good life for. me and my family with a lot of money. a lot of other things. money i'm looking for i'm looking to do something for my keep. in caro. i was going to do business. with you to tell us about all the latest on the markets could use facebook still in need of more friends in the stone age oh yeah that's right but it really isn't my bishop about five percent. of the trade so it's still a disappointment and right now investors traders are trying to point the finger who
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is to blame and all these fingers being pointed out morgan stanley they were the lead underwriter as well as the nasdaq as well for the technical glitch that we had on friday of about half an hour ago of late i've also just been reading as well apparently the fact that the mobile phone app doesn't use advertising that's also another reason but greed is very much the word actually when it comes to face that because people are saying that they came into her you see at thirty eight dollars per share the initial i.p.o. price let's have at the u.s. stocks and see how they're performing right now that they are indeed rising quite as much as they are now housing starts beat expectations there's also a lot of positive sentiment going on we've got prejudice of growth coming from china and the year is that's helping out but let me just tell you the some of the main ones that are trimming the gains now got quantity produces and technology they're having a challenging day so far so that we want to watch what we see if they can manage to stay up positive territory out of the european markets and out the end of the
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trading day well they have a struggle for some figures coming from the organization for economic cooperation and development they cut their forecast for growth for the year as also as well there was euro bonds been spoken about as well there is we'll be watching that one if we get into the common currency with the the dropping of a slightly that we've got one twenty seven twenty seven that's how the ruble performed the day it gained against the us dollar the euro if we check out those russian markets will see that we saw. what it was a relief today because we have had a really similar to rest a few weeks and even months we talked for two and a half. the other day so as you can see that the mice it's down around two percent but they are yes round two all so it wasn't too bad today we're seeing a little bit of optimism is going to go to a formation that's come into play and also oil prices have been on the rise in the last couple of days let's go into the stalls and see how the main feature is performed here in moore as we can see what gas from nearly one percent of the one
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percent the rough stuff as well they had a really encouraging day one point seven percent so they've got a new employee actually so i have now it's a new appointment in the company and he is the so-called energy saw. now he supervised the country's entire energy in the old government and he's going back to ross nat as chairman of the board last year he was forced to step down from the board and that was due to new rules preventing senior officials running state companies jim was not given a government posed by putin in the reshuffle this week of course so he's now free to resume his leadership role at the country's biggest oil company and sticking with the russian news the hardy anticipated privatization program is staring interest well be on the country's borders and it's coming from the london stock exchange is eager to get some of the business and we spoke to the head of the bulls the annual to before him in london he told us russian companies will hire to try to have to global investors. i do expect a number of companies to come here this is
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a confirmation of the plans already announced over a year ago this is something that we can see then which will be done in partnership with russian capital markets as well as the russian exchange interest is very high for a very simple reason europe still today has a lot of capital certainly in the private sector three trillion dollars of equity assets managed in london alone but europe doesn't have much growth so russia offers that growth we have the capital the expertise and the ability to make not only these companies richer in terms of capital but to enhance their international brand . great thanks. this is. a little. with the headlines we've got a special interview. in the. science
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technology innovation called the least of metal around russia we've got the future covered.
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