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tv   [untitled]    May 23, 2012 2:00am-2:30am EDT

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so you think you know but it's pretty good summit in chicago this military society many things in principle like ending the occupation of. egypt decides voters head to the polls in the country's first presidential election since hosni mubarak's three decade rule has ended for many say they don't have much of a choice. as tells a fellow eurozone members to tighten their belts the capital is under fire for slipping up on its own targets for budget cuts. and a hundred days of unrest tens of thousands of students march across montreal against hikes in tuition three gorges and those protests restrictions in response.
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from moscow twenty four seven this is out. egyptians are heading to the polls in the first presidential election since the fall of longtime the year hosni mubarak last year thirteen names are on the ballot saying clearing is the missed sign a number of barack officials. reports many egyptians feel frustrated with the choice they have. they stayed down the police and the military and they won but now they're staring into an answer in future and it's far from clear egypt's revolutionaries are holding the trump card i'm sure of the martyrs where life they would think that this is all it is just no one chanted for elections they wanted to free them now there's a monthly massacre that takes place when people are killed that we don't even have the right to be listened in a big square how can they really support the east and. it took my arm and other egyptian youth just eighteen days to topple a dictator who'd been in power for maybe thirty six years but they haven't been able to come up with
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a single compelling candidate in the country's first post mubarak presidential election as. people who are going to meet political cost of those not change quickly so we have the. political and i will support and somewhat of the. seventy's. and after ten of them were disqualified thirteen remain in the race for egypt's top job the front runners include a moose or insider for me gyptian foreign minister and hit of the arab league abdel moneim of do it for top former brotherhood leader kyra physician and long time anti mubarak just wouldn't and mohamed morsi the muslim brotherhood choice who has a respected party and well financed campaign behind him the fact that there are two strong islamic candidates means the islamist vote is split although on foreign policy issues they're united. believe that the two of
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them will try to improve the relations but on the expense of relations with the bosses. are going to try to improve the relations was israel. i believe it's going to get more. chances are high that egyptians will vote in and is an honest president but this support is no way near what it was in the recent parliamentary elections was egypt tough on. civil servants and picked up the same. consider the status challenges to. many of the thirteen candidates is expected to top fifty six making a run for. highly likely but the delays are making egyptians edgy time and again the ruling generals lift out as to whether the elections would even happen and concern is right that the army plans to stay in power or at least pull the strings
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from a far but dr has some a far disagrees a military coup has to be executed and if it is done they thought it would be very very violent and there would be a little blotch think there is very much however there's been little about this election that's been predictable and no matter who wins the new egypt is likely to look a lot like the last few months of the old at least for some time the problems in the country run deep and economic and political frustrations are not that far from spilling over into fresh protests here our team cairo. egypt's ruling military council is reportedly planning to publish a new interim constitution which will set limits to the government's influence over the army professor of middle east history at west chester university lawrence davidson says the military is hoping to keep its grip on the country after the election. the fear is i imagine just like you know some twenty years
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ago that if the islamists in charge don't never give up power but then if you ask yourself what the military actually does heal and its history once it's in charge it doesn't give up power either think what they're trying to do is create a sort of turkish model where the military stands independent and autonomous outside of the government and essentially holds for itself a veto power over the government and so at any particular time if the government does things that the army doesn't like or the officer corps doesn't like they come back in and essentially create. a military to well bring about a euro zone a growth and sold in the escalating problem of greece are dominating the minds of even the it isn't don't make a is a hell of an informal get together in brussels germany continues to advocate belt tightening in this opposed to joint borrowing as artie's peter all of us has been
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finding out it looks like the policy but the news foisting upon others isn't what it's too keen to pursue itself the merkel message to hear it is clear that students grow by structural reform is important and necessary but a debt ridden growth would only revive a crisis we don't want that but will not do that. so all sturdy all around however don't expect german belts to be getting much tighter. according to the influential cologne institute for economic research while berlin bangs the drum for spending cuts in countries like spain greece and italy the federal government has made good on less than half of its planned savings of the boomers were young the federal government promised in twenty ten that they would cut over ten billion euro year in spending from the budget two years later they've cut less than half of this amount some of this is down to changes in policy making
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a promise to cuts impossible but most of the promise savings just weren't made. this will make interesting reading for the heads of the twenty five year a peon union member states who signed up to a fiscal pact in march obliging them to show greater fiscal discipline a pact championed by the chief cheerleader of austerity chancellor angela merkel as these are missin out it looks as if the german government has relaxed a bit while at the same time telling orders to work hard our deficit goals were reached because of higher than expected tax revenue but the cots were not followed through. so after the government made good on only four point seven billion euro of the eleven point two billion savings that it promised the association of taxpayers came up with a list of areas they suggest should be cut from the budget as part of a spring cleaning plan which could save an extra one hundred and fifty six million euro these include scrapping a quarter of
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a million euros subsidy for growing organic carrots as well as a similar initiative for apple juice all the way through to reevaluating civil servant pensions and the driver service for former presidents of the german parliament. are thirty examples are meant to inspire ideas about how and where the budget can be cut even with a large bending blogs. the government should take the good spring cleaning traditional allies to the budget and start saving. there are those who argue that the recent growth posted by the german economy means that they are under no obligation to cut the rest of the proposed eleven billion euro that it's only those countries posting negative growth that need to trim their spending the reason why the cuts are not as deep as periphery countries that are suffering the most from the financial crisis is simply the fact that we have a higher tax revenue right now and that leaves room for maneuver so the german
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economy is showing growth but as the country's debt rises by the second even europe's dominant economy isn't out of the woods yet at home angela merkel's christine democrats have suffered some major political setbacks most recently a crushing defeat in regional elections in north rhine-westphalia a state seen as a bellwether of opinion in germany the cause this human causes when you in the christian democratic party has a tradition of celebrating its electors together it is the same for the fifth this is a common defeat we have discussed this defeat today and looked at lands' and they do you this we have. despite mrs merkel putting on a brave front as a party loses support from the electorate the question has to be asked how can the german chancellor preach austerity to the people of athens madrid rome when her party's policies can't even win over the people of peter all of the r.t. germany. teachers and students in spain are returning to work after the nationwide
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strike action on tuesday schools and universities shut their doors and we have proposed cuts to education and including recent class sizes slashing the number of teachers and imposing longer hours those who take their jobs because the testers are restitution hikes could leave many without higher education government. says the cuts are needed in this year's spending targets ministers he said as the country battles in crisis unemployment almost twenty five percent. young. its balance cuts with growth prospects grow there's like love everybody's in favor of love everybody in favor of growth but how to bring it about and one hand you need austerity because our budgets are bloated already for a long time many countries have too much debt on the other hand we have to be store competitive nurse make sure that and. set up companies again and the economy starts
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growing again but when it enters a ship we need lower taxation we need competitiveness and all these things these things we have to do only in a few years time because you know now we're in a process of internal devaluation we're not develop waiting a currency but we are developing countries and that's a very hard process that may take years but the political and social system are not able to cope with that and that is part of the problem there is no time for the things we have to do the problem here is that nobody is coming up with a plan b. everybody says we have to stick with plan a greece has to stay in the euro zone and that is the official line of the european commission of the european council but nobody is really looking beyond what's going to happen and that is part of the crisis and part of the uncertainty but we also see is a disagreement between paris and berlin and that is really at the heart of the eurozone if if germany and france do not agree on the line to take then the euro is
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really in trouble. well you're watching our team still ahead for you this hour heightened tensions serious on rest spills into neighboring lebanon clashes between pro and anti acid supporters raising fears over pro conflict that. major demonstrations to mark a hundred day of student rallies have shaken canada tens of thousands killed the streets of montreal to protest against a huge planned rise in tuition fees attempt to quell the movement local authorities adopt new emergency laws restricting protests but instead pacifying students the controversial measures of only. with three hundred people were detained and twenty injured and stations spiraled into fun clashes with police on sunday night. showed that the federation of university students thinks the government's actions have really made matters worse. they've been trying to understand
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ways the government's going far despite all that. restraint a lot of celebrity via video the expression you get with manifestation is a very you know to this issue so it's very difficult was it isn't are opposed now because the know what's where is this bill so they are this new bill that the government passes and actually it didn't step back from all this demonstration that's been going on the government trying to make social peace back in the city of montreal but actually we see. several of them inspiration going on since the year since friday so i think it's not working for the government and we know trying to go back today to vote leadership to make sure that this conflict as a. there on the under group of world powers are due to begin today talks in baghdad over terror on's nuclear activities. nuclear watchdog said
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a deal was close to allow inspections of her brain with it she cites would include weapons might include despite that's one says it won't let up the pressure on iran that the senate continues to expand sanctions on the country this congressman dennis kucinich says to his old iranian issue washington needs to change its approach. sanctions are another form of warfare sanctions are just a step away from shooting we're being talk we should have any contact with them we're being told that we shouldn't be negotiating with them we're being told. to get ready for war. all of that is wrong. what we need to do is to have direct negotiations. we need to be talking with iran and we need to stop this vainglorious notion that somehow we can
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settle our differences with iran through war we have to believe that peace is possible what we have is a type of thinking coming out of washington that says wars inevitable when you say wars inevitable you actually create a war a self-fulfilling prophecy so you get war we wonder why do we have war because people think in terms of war. and that you can hear more from us congressman dennis kucinich about fifteen minutes time here not. well that more stories on our website www dot com has a taste of what's there right now in china u.s. congress exposes counterfeit electronic parts and aviation corporations with forces they call posing a potential threat to security. and also read about the controversy of the russian parliament plans to ok a bill to enforce a top of punishments for sanction protests at the stores at home and then forget of
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course to check out the latest videos on you tube. is. the official all to. talk show from the. video. the palm of your.
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dot com. conflict in syria is continuing to ferment trouble across its border in neighboring lebanon where there's been fresh protests it comes as syrian rebels reportedly kidnapped thirteen they've been these shia muslims returning from a pilgrimage where recent clashes between pro and anti i side supporters and they've been have left a dozen dead over the past few days. the roster signs of the recent violence here everywhere as you can see bullets card buildings behind me fire blackened walls garbage we were told that there's been some burned cars here but they've been taken away and police and the army have cordoned off the area and on patrol here twenty four hours to prevent further escalation of violence this recent round of the clashes here in lebanon was triggered by the death of a prominent lebanese an ardent opponent of president bashar al assad he and his companion were apparently showed. by army troops at the checkpoint in the northern
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part of the country feel sorties here in lebanon have been very quick to react and investigation is right now and to go in more than twenty soldiers and officers have been detained for interrogation about sunni politicians have already called for prime minister and on the come on the to resign and they also want the death penalty for those responsible for what they see as an assignation similar function erupted earlier this month in the northern city of tripoli claiming twelve lives and they spin disturbance at the border with syria recently hala it's just how divided the lebanese society is while the country is trying to remain neutral some accuse the lebanese army of cooperating with assad regime while all this point fingers at lebanon sunni population saying they are assisting the syrian opposition by providing it with all kind of support everything they need including weapons well levanon is actually known as one of if not the most tolerant arab country
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where different confessions have poi's this tit for years but this recent incident obviously reveals just how fragile the stability is and fears are growing right now that this situation may boil lebanon's own religious tensions. lot easier for national reporting from the been there well political analyst and journalist mona xabi says western powers may be providing in direct support to terrorists which could destabilize the entire region there are some serious internal divisions not necessarily about who supports us against it's more internal divisions between a group that is the south how do you do a group what's called the fourteenth march group that wants to overthrow the government because the government has taken a position a neutral position on the situation in syria the ironic thing is that al qaeda and the western powers are seem to be in the same group that is defying the lebanese
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authorities i mean this is this is a very peculiar situation and i think that many european and american allies are warning that this is a situation that the. western powers cannot sustain because these groups these islamic fundamentalist groups some of them are affiliated to the movement or they are supporters of al qaida openly i mean no one can actually deny that and at the same time the united states and it was impossible for forty eight months coalition which is really very close to the. political party that. interviewed many of these people and they have openly supported the movement. some of the international news in brief for you now demonstrators have torched dozens of vehicles and set several shops ablaze after violence broke out as a political rally in pakistan gunman opened fire on protesters killing at least nine injuring thirty prevention hundreds died in politically motivated acts in the
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city because he targeted by taliban and al qaeda militants. but a bomb has been found in argentina as capital a day before former colombian president's visit to the country exposes were hidden in a bonus iris theater where. to give a speech authorities say the bomb was designed to be treated remotely were a crackdown on drug smuggling guerrillas during his two terms as colombian leader raising suspicions that might have been involved in the plot. firefighters rescued around six hundred people after a blaze ravaged a high rise office building in mexico city twenty people suffered carbon monoxide poisoning with one person being treated for serious burns seven people were evacuated by helicopter initial information from the emergency services suggests an electrical fault in the basement been to blame. south america's strained
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ties with the u.s. come under scrutiny in the latest installment of joining us on the show here in our team the world's top whistleblower asks the president of ecuador korea what role wiki leaks played in the decision to expel washington's ambassador from the country . out the u.s. ambassador to ecuador as a result of which he reads publication of cables why did you kick her out but then i thought she was a woman totally against down government a woman of extreme right wing views that he still lived in the cold war the nineteenth sixty's where we can learn what broke the camel's back the last straw was wiki leaks where she wrote her own ecuadorian contacts told her that the chief of the national police was corrupt and that surely i had given him that post knowing he was corrupt so that i could control him so the lady embassador was called and asked to give an explanation loftiness insolence
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imperial as she puts on that she said she had nothing to account for curiously like assuming i'd like to say some months ago after almost a year of inquiry commander hurtado that falsely accused in the wiki leaks cable by the ambassador was found not guilty of all charges in australia shows once again how ill intentioned u.s. officials illwill towards progressive governments that are seeking change my report on anything groundless based purely on rumors and gossip provided by contacts who are usually people in opposition to our government she made. and it was later said she said of gina sanchez sharing just over an hour's time here now to. get the latest from our business desk over to marina thanks carol there are some markets just opens us not only asia we have to focus on now if we go
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by tuesday's trade in session or should say that it will be another topping day but also we have the climbing oil prices and this always has a great impact on there are some markets but let's take a look at the latest figures and see what's happening there ever take a look at this both the i.c.'s and. why success in the heavy losses in the first couple of minutes of the trading session with this is the odds yes it's already over two percent while the my sense is dropping one and a half but it's still early time will need to see some more hours and see how the session more go ahead now if we move on to asia as similar picture as sea of red there is well part that shouldn't really come as a surprise after fitch ratings agency downgraded their varied in all of japan but this move did come as a surprise and the agency said if the government fails to take action and do something soon prove the country is spiraling debt problems that it could see further downgrades but we have other factors influencing investors that first of all of that we have european concerns of course and then
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a string of negative data in the region the japanese government said that there was a failure at this appointed performance of the exporting and this tree in fact there was a drop in shipments to china and this resulted in a bigger trade deficit for the month of april when it comes to china of the world bank said that or caught its growth forecast for this year so not much optimism there over the u.s. if you take a look at the closing picture on jews the markets are closed right now of course we see that it's formats that's how it is that after russia later volatility in the session that first we had was the house in there you know which left the banking as well as the house and she has bought the bad it did help offset a weak weakness in materials and energy shares later in the day and that resulted in the figures about we saw it coming up it was like a look at crude prices and i said earlier they're heading south for a second day that's following just a brief escape from a six day losing streak and ask all following small iran with the united nations
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come to an agreement as well as why isn't the us stockpiles of that always driving prices lower currencies now the euro is still a musician against the dollar when it comes to the ruble who should have had updated figures from now but there seems to be a glitch in the website but hopefully we'll have something for. in the next hour for that now and other news the man who coined the term the bricks for emerging economies says that so much emphasis is being placed on the fate of greece he was speaking about the long done for him and jim on the oil from golden and growth in those emerging economies and by those i mean brazil russia india and china is a far more critical for the health of the economy in the world. and the concept of the european crisis for example. fond of saying the china creates the economic equivalent of another greece every eleven and a half weeks you could wipe greece off the map and within eleven weeks john has
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created another one last year the combined g.d.p. of the four brics increased by about two point one trillion dollars so the equivalent of creating another italy every fifteen months so it has been and it remains the single most important global economic story of our generation. i carol fingers crossed we'll have the ruble rights for you next hour. back to you i came i thanks for that and more from you next hour. well actually we look at middle east tension in examining ways to resolve conflicts in the region but before that i mean a reminder of our top stories stay with us.
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culture is that so much excitement which of course you write on it comes again today of nato many critical articles that summit in chicago this military alliance decided many things in principle like ending the occupation of. the world or the fukushima zation is the name of the game when you're saving lives it doesn't mean tomorrow's architectural masterpieces laser precision is what matters most the technology of the future of this already at your fingertips
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technology i'm going here on a large leap to the future covered. nation of free accreditation free transport charges free. range missile free risk free elections to tide free. download free broadcast quality video for your media projects and free video dot hearty dot com you.


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