tv Headline News RT June 26, 2013 2:00pm-3:01pm EDT
if. edward snowden remains in moscow for now sitting tight in an airport transit. and rejected all u.s. threats and demands for the whistleblower to be extradited. meanwhile washington is accused of trying to shoot the messenger by presenting snowden as a dangerous one ignoring the fallout from the revelation of it surveillance program . but all of those at the bottom of the british society who are really bearing the burden of austerity is the. billions more. top stories this hour.
international news and coming live from our studio. this is our t with you twenty four hours a day so russia won't hand over america's most wanted man n.s.a. whistleblower edward snowden he remains holed up in transit at a moscow airport for a fourth day and president putin said that means snowden never actually crossed into russia so is beyond the government's reach well let's get the latest now from . port in moscow so the stakeout first snowden continues to. bill snowden the story is starting to look more and more like many many dead and. there's been lots of stories and
a lot of speculation as you well could he be hiding out in that transit we know that he was supposed to have that i know monday afternoon a. which he he did and to get on in fact a lot of theories now are running around people are asking could he have left before that is he on another plane to another country and out could russia big holding him up right here at the airport to extradite him to the us but of course the president mr putin had said that those are all not likely that he has not stepped into russian soil he's still in at the airport and in fact he likened his story to the one of one of the most famous whistleblowers that of julian assange let's take a listen to what he said. just for you to so much snowden's case is similar to that julian assange both called themselves defenders of human rights and fight for the freedom of information you have to ask yourself do such people need to be hunted down and put in prison i personally would like to avoid cases like these just like
sharing a pig knots or shrieking but little five. letter. by russian authorities have been quite clear as to why they would an exercise snowden back to the u.s. and in fact to the story of extradition has also crossed borders which i led our mingled into this whole story the chinese authorities of course said that the reason why they didn't offer us no data to the u.s. is because of the paperwork that they received from the u.s. government which was unclear as to who the j in of the paperwork was was it a j was it a jane in fact those were the reasons they stated that why they denied the extradition pay of papers to go ahead and so less the snowden go of course of the u.s. politicians have been up in arms over this stating that a moscow as well as other chinese government is not cooperating with the u.s. as staging going us why has he been saying that snowden might of been a working together with the russia as well as china of course the president has
dismissed those as absurd as well as of the foreign minister sergey lavrov saying that this is i like it they had no contact with this. themselves. any accusations against russia and nothing but rubbish simply ravings a special services never interacted with snowden and they're not steering safe today. so where does this leave snowden and now well for now what we know is that he has applied for that asylum application i handed over to the ecuadorian government and they have reviewing it and released a statement saying that this is not going to be a quick decision it might take up to two months for them to come up with a decision we know that it's how long it took for them to decide over julian assange just a case they always hold up in the ecuadorian embassy in london so the question still remains where in the airport transit zone is no didn't hiding out when will he leave is he still here i had he left so many questions unanswered we've been
playing detectives here with snowden even making us chase him all the way to cuba with no sight of him giving some of those a journalist and some of our colleagues on that flight a little free holiday there so the chase is still on to find out where and when is snowden going to be real the mystery continues to bring thanks very much and the divine will to live outside moscow sure material. over russia and china remain caught between the u.s. and the whistleblower on the run washington is angry that neither is helping catch him because i want to go to church con explained some believe america is just using scapegoats to distract attention from the real issue its global surveillance program. u.s. secretary of state john kerry hinted at possible consequences that russia may face for its response on snowden saying at times russians have criminals in the us there were looking for and he said the u.s.
has cooperated on handing over seven of them and it passed two years although if it were a russian whistleblower who stood up for civil liberties in russia it's kind of hard to imagine the u.s. handing them over very quickly especially the us were not legally obliged to do so and in the case of snowden we heard the russian president say russia had no legal authority to stop him from traveling formally he hasn't crossed the russian border is a transit passengers didn't need a russian and he hasn't committed any crimes in russia moscow says russia doesn't want to have anything to do with mr stone but it's amazing how this story which had absolutely nothing to do with russia is all about russia much of the media here has turned the whole snowden story into a story about putin they invite lawmakers and experts who focus on russia and putin here's for example senator mccain weighing in on the story like we got to start dealing with vladimir putin in a realistic fashion for what he is he's an old k.g.b. colonel apparatchik that dreams of the days of the russian empire and he continues
to stick your stamina for a broad variety of ways this kind of narrative in the media that's focused on russia certainly helps to build up negative public opinion on snowden and eventually discredit his revelations the focus is not just on russia but also on china and here u.s. officials blast hong kong for letting someone fly about one of these revelations the fact that the u.s. spied on chinese research centers and universities here's the explanation that we've heard from secretary kerry our surveillance activities on them it's our surveillance activities anonymously on thousands of chinese and the chinese university mostly in order to be able to track terrorism if there is an act of terrorism or some linkage. that is appropriate some indicate on whatever it is could be anywhere in the world whatever it is then you have to go to court and you have to have court approval in order to do anything that is actually name
specific person specific so secretary kerry said the u.s. was spying on chinese research centers and universities to find terrorists a lot of people would find that response quite confusing china would probably not buy it so you see u.s. officials being quite of a sieve on what they're actually doing preferring to focus on the messenger instead on edward snowden and here's my colleague on associate europe in a on how the media here goes along with that narrative some journalists believe the shocking us government spying scandal is the biggest story of our lifetime i sit in my desk certainly have the authorities to to wiretap anyone from you or your accountant to a federal judge to even the president if i had a personal e-mail but big brother shamelessly watching millions of people in secret seems to be turning into little more than a cat and mouse chase by the american mainstream media snowden snowed snowden's in my mind the only thing that's very really important. is it's really how the
government is cracking down on. your mole over the place but that's far from most of the media's focus instead snowden is the source not the substance of the n.s.a. scandal is all the rage there's an old technique called change the subject when you don't like what the subject is about how you change you personalize it or you try to see what the problems are with the people who are delivering the message and avoids actually explaining the message itself in this case a massive spy scandal has been turned into a possible case of treason as an alice in wonderland first comes the verdict then the trial with pundits eager to shoot the messenger from questioning whether the reporter who broke the scandal with. his source should be punished along with the whistleblower why shouldn't you mr meanwhile be charged with a crime to news reports focused on snowden's girlfriend what's curious she also packed everything up and left for the mainland to pointing fingers at any other
government but their own whether china or russia has been able to sort of suck out that knowledge from those computers while he's been in the countries of voiding the issue at hand seems to be a priority it doesn't surprise me that this would be this focus on the. snowden private issues is a private affairs or his whereabouts and travel instead on the credibly important revelations that he has given us the answer to the question why is simple because they failed to do their job to actually expose all this so now they're blaming somebody who has exposed it and it makes them look bad ditto for the government the media coverage of the n.s.a. scandal oh litmus test for journalism that most are failing instead of cleaning up their act and dwindling ratings networks are busy looking for bad guys elsewhere instead of looking the real villain in the face when you consider that as recently as one thousand seven richard nixon was forced to resign in large part because he
thought well. this is a huge change in our perception while the media war breaks out over supporting or hating edward snowden as little airtime as possible is actually dedicated to the spying on unsuspecting citizens itself the biggest privacy leak in recent u.s. history has shown the media to have little ability to deal with complex issues instead indulging themselves in a manhunt yet again but then again the shouldn't be too shocking when the finger pointing every now and then is paused it's stories like this that fill air time. or the sound of your holiday your holiday wait. i'm going to new york. eric draitser a new york based japanese going on is pleased the government and media are working together to wage
a concentrated smic campaign against snowden in the united states we see a concerted propaganda campaign designed to demonize and to destroy the image if not the total character of snowden and we see this happening from the right wing and also from the left wing those who are attacking glenn greenwald for his revelations and snowden themselves this is now becoming a real story in the united states the way in which the controlled media is attacking snowden and serving the interests of the surveillance state and the partisanship behind president obama the united states certainly will not give up we've seen cases of extraordinary rendition from all over the globe carried out by the united states and it wasn't just in the context of so-called terrorists if i were snowden i would be working under the assumption that there really is no place anywhere on earth that will be one hundred percent safe but i think that the strategy that he has taken incorporating china incorporating russia using the
infrastructure built up by wiki leaks is absolutely critical to ensuring his safety and the u.s. says it's a large scale spying program is that to target only terrorists but express suggest that those planning tara don't exactly spend their time googling skype ing or updating their facebook page on his or in english explains exactly what part of cyberspace they do will comply. and there is the pose a quest for preventing terror attacks and increasing security prism only gathers data from the internet big players such as google sky facebook and so on but most of those who look forward to harvest or terrorist related information can find it only on the appropriate forums which are hidden deep within the so-called underwear none of these resources in that realm are actually indexed by the major search engines in fact google how don't want point admitted that it indexes a tiny fraction of just one percent of all data that's available on the web if you imagine it as an iceberg that you can understand that prism only covers the very
top the very tip of the iceberg the rest of the information is actually not covered by prism according to dutch intelligence service but sensual terrorists go to these core forums which are highly encrypted and hidden deep within the web so one really needs to know what they're looking for and where to find it a case in point could be this or not have brothers they have turned to one of the war no radical sources sometimes referred to as the vanity fair of al qaida though the web site existence is no secret for some reason u.s. security services failed to track down the brothers activity even after a tip off from russia and thereby they failed to prevent the boston bombings so although the cia and the n.s.a. say their surveillance programs are directed at protecting people it seems like they're too busy reading innocent people's e-mails. and this is with when the addison is a former whistle blower self now when do you blew the whistle on financial fraud in
the legend that company in south africa what did you achieve when you did that. i think it was and her age and and actually it wasn't as an example for other people . and but ultimately there are no winners in the stable supply and my mom to go for was meat she seek justice in terms of corruption and for that in a public listed company and that was ultimately achieved and all that i think and it goes to show that an individual can blow the whistle and come out of this. and rebuild on one side there but edward snowden he he is a whistleblower as well yet you exposed a crime has he not committed one by leaking government secrets i'm you know i think we need to ask ourselves the questions she has he executive. and the other question
is why is it considered and more that the trail and when we speak out against a anything. which scares me or to lie and hope. and that i pointed contacts supersedes all contacts of the society in our brains in our family. way or out what whatever the argument some people say is a hero many say he is a villain but larry king was on our t.v. just yesterday saying that his ambitions his motivations were altruistic why do you think he was motivated to reveal his identity after all the leader have done that. or not do certain the way they needed to or not i mean at at this point near where speculating as to what kind of. way that he wanted a. way that he linked directly to the media we have no idea at this point really he did well as some internal job which was available to him and so it so it is
speculation that even directly on that we needed to speak out against this you say that your battle that you were successful justice was achieved but what about you personally your life was that affected him and what you did without any personal recriminations against you in fact it was a i call it a war of attrition and it was one that initially didn't seem that i was going to win and i'm such a great big streets with my twelve year old son at one stage and and of course as it was certainly teen years ago and one is shunned by society and expelled by society that's i still believe that we have to build a society on chase so you think same sort of fate could await snowden even if he does manage to get out of the grips of the us authorities if he does perhaps go to ecuador what sort of life would he have. well let's to be seeing you know just as
we look at julian the song and the end of the story as you come it's a we're looking at something that evolves day by day and as society changes and we'll see a different we'll see a dip and so so we've got to understand that this is not a makes a bowl. a story that the game has he finished it and i think it's only beginning really so you don't believe your plight from what's happening to bradley manning at the moment which i do in the sand on a day which i know was going to happen to snowden yet you don't think that whatever they're facing is not going to put off whistleblowers but rather encourage them and i do i feel that they're up to snuff and i believe you know i do the eighteen years ago says my will was a very good case and and i can attest to the fact that it's evidence. and that are going through this process and people speaking out against willy nilly
big issues and news it is a difficult journey but like anything lot and anything that's worthwhile doing is going to be difficult and once that has been driven over a number of times it just makes it easier for people to more formal whistleblower wendy and i can thank you very much indeed for joining us and telling us about your experience here on. so what was snowed and motive for leaking data and what should he do now well these are some of the questions being asked in cross talk in the next hour here not in his a quick preview for you. all these people who are saying well snowden released information that was harmful to the united states because he revealed for example that the united states was spying on russia or spying on china or hacking into universities and places like that well you know they already knew that yeah but he knows that let me ask you this question mark if if edward snowden is really
standing on principle and i don't know his motivations i don't think any of us really know his motivations but nevertheless if he's really standing on principle and what he cares about is really exposing the truth why should he come back to the united states go on trial and really stand up for what he's done if public opinion is so behind him why would that be a good thing for him to do you're arguing you know you should do you don't do the crime if you don't want to do the time well great but that's not the time he's going to do he's not going to be tried we already know that he's being charged under the espionage act which carries a potential life in prison ok he didn't do anything like that so yeah he has every reason in the world not to want to spend the rest of his life in jail for something he didn't do he'd be stupid to come back here. to see. this.
program in full in the next hour here on our team or news including live analysis on the billions in budget cuts for the u.k. in just a few minutes from now. speak your language. programs in documentaries in arabic in school here. reporting from the world talks about six of the ip interviews intriguing story. and try. to find out more visit our big.
news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. for a shelter on the day. continues here naughty britain's chancellor george osborne is announcing billions more in government spending cuts and sturdy measures are already biting for many across the u.k. and as sara first reports the effect can be devastating for the most vulnerable. once a place of sanctuary now a patent symbol of austerity burson a small garden with west will often sought refuge from her financial worries it was
a she'd raised a family but when her son moved out she was caught by the new government scheme the bedroom tax days in social housing with spare rooms must face a cuts to the housing benefits all moved to somewhere smaller less than a month ago and the fifty three year old grandmother of one killed herself by stepping in front of the meeting lori she left this suicide note behind for her devastated family about god was her world she loved about god. and so maybe. she'd know. small tight knit communities like this one. might be a long way from westminster but as many of the people who live here and in communities like that have been among some of the hardest hit by the government.
many people. having to pay. just. to have. this problem was caused by the banks this problem was caused by. the government that the cuts are necessary and that the current changes to the benefit system will eventually improve the lives of some of the poorest family but part of the wealth of a whole taking place right now angela murray had essentially slashed from twenty hours a day to just three earlier this week she delivered a petition signed by forty five thousand people calling on the chancellor to invest in. if you think you know you haven't committed any crime you are in a situation. and you've suddenly been restricted to something like
a prison so. how would you. face another fifty years but. some of. the. experts have said that situations like stephanie's are avoidable and point to iceland as an example the country saw a collapse of its banking system a few years back but protected spending cheesing stimulus. the banking crisis writes and enjoy three percent weight in two thousand and twelve compared to just point two percent in the k. but with the government seemingly committed there will start to worry is that these cuts will for many more people across the like stephanie purchase friends and
family have effects this is irreversible so. burning in well for more on the u.k. budget cuts i'm now joined live from london by charlie kimber he's national secretary of the socialist workers party now these cuts proposed by osborne quite simply all they necessary to save the u.k. economy. know their admission of the economic failure of the tories policies what they have led to is a stark and to economy with negligible or nonexistent growth and today they're incredibly applying even more of the same medicine which has failed so signally over the last four or five years we're now seeing plans for not just five years of on the austerity program but of seven or eight years of austerity of carter point counterpoint car another eleven and
a half billion pounds of cuts today we've just heard the tragic story of stephanie bach troll in the west midlands i warn that there will be more tragic stories of that sort because of the sorts of cancer the tories are putting through its vicious . crosspost legislation and it's not even working in their own terms because the economy is going backwards and we need to change very swiftly otherwise more and more people are to be sucked into poverty can explain why you say it's cost base because all is born is saying we're all in this together everyone will be affected when you talk about a medicine everybody's having to swallow that medicine and. were not at all the very richest people in society still soaring well away from the rest of us the richest one thousand are now worth one hundred ninety billion pounds more than they were at the start of the crisis one hundred ninety billion pounds more than they were at the start of the crisis that tiny elite at the top of society are drawing
away the rest of us are facing cuts do you know in britain today there are hard for million people five hundred thousand people who are dependent on food handouts that's extraordinary in such a rich country as britain i don't like to say that a tiny elite the rich they're providing employment is putting money in the service industry and in obviously in retail they're paying the highest levels of tax even though it's a tiny elite that they're still important part of an economy on a. no no no many of these people are precisely the ones who want to blame for the crisis in the first place the bankers the financier's the hedge fund billionaires these are the people whose reckless behavior led to the problems in the first place these are the people who preside over the system that has led to the crisis and now they're the ones who are still cashing in and demanding that we pay the price for their failure and also born today boasted he was there would be another hundred
forty four thousand public sector jobs eliminated he's not just for tinkering at the edges he's reshaping the fundamental basis of british society in the public sector and he's carrying it out seasoned some nasty racist policies blaming immigrants blaming people on benefits for it to deflect from those who are really to blame the people at the top of society what are unions going to do how will they react and groups like the social workers. but i do hope that the left in the trade union movement and socialists can unite there were four thousand of us at the people's assembly last saturday in london there's a programme of activities including a demonstration on the twenty ninth of september in manchester at the tory party conference teachers in the northwest of england are on strike tomorrow we need much more of that so strike like industry you want to see in britain have
a general strike right and just how damaging though would that be more to the economy that's the last thing short of the u.k. economy needs isn't it well sometimes you have to take action in order to achieve our goal and if we're going to shift the priorities from battering up the people at the top and giving them more and more money to people at the bottom of society those who actually create the wealth those who do the work in society we're going to have to take big action and just like they've done some other places and some other countries it's great to see the people on the streets of brazil and turkey and greece it's good to see them out strikes we could do with a general strike here charlie kimber national secretary socialist workers party in the u.k. thank you very much indeed for joining us live there in london thank you well budget cuts will affect much of the u.k. one area that won't be losing money though is the country's intelligence services including g c h q which spied on g. twenty delegates according to edward snowden's revelations now they are getting
a budget increase and later this hour we get expert opinion on what's behind that generosity from the british government. the first america's big three rating companies are among those accused of fueling the two thousand and eight crisis which triggered a domino effect across the world than their dominance is being threatened by a rookie ready to shake up the industry and the new international agency based in hong kong has chosen a good time to make its challenge as artie's katie pilbeam explains. the big three have had their own way for over one hundred years but were ridiculed for not just failing to see the financial crash coming but making the situation worse by dishing out optimistic ratings for toxic mortgage backed investments and giving investors the confidence to pile it until now i kiss asians i knew exactly what they were doing which is that accusations but now it appears there might be some proof that
the agencies were deliberately fooling investors rolling stone magazine has published details from a san diego based law appeared to show the mood is an s. and p. have been exchanging high ratings for cash according to the article e-mails have been found from s. and p. alice with with comments like this has to be the stupidest place i've walked out as you know i had difficulties explaining how we got those numbers since there is no science behind it these allegations are quite frightening considering the rating agencies put their rubber stamp on multi billion dollar deals and are still seen by many in the financial world as the backbone of the credit body i'll turn it into these agencies is not before time to secure universal credit rating group which says it intends to reform the current regime the company based in hong kong will be made up of china's the u.s. agency jones and russia's reason writing on the head of research says it's all
about balance rating agencies that is based in hong kong it is so that we can provide to the investment world. views that can be used to balance the investment views from the united states so the dominating days of the big three could be over and it may now be their turn to get downgraded. well stay with us for more insight into the u.k.'s current austerity measures that's the break stay with us. the saga of edward snowden a whistle blowing hero to millions around the world washington calls him a very dangerous security liability and the threat whatever is state one thing appears to be clear still justifies his actions in the name of transparency and the need to have a public debate on the surveillance state in that regard as he succeeded. a
continues here in the u.k. as government budget cuts affecting welfare claimants teachers nurses and policemen but one show of generosity was an increase in funding for the intelligence services but that's given us on this from contributor afshin rattansi who joins us now live in action while on the intelligence services getting a boost to seemingly at the expense of so many other services. there's a very good question you've already covered the fact that people are killing themselves because of other elements of the osborne budget seventy bought you all from birmingham but all this extra money for m i five six and g c h q when previously the government said they were causing it then trying to spin this is something to do with the wallet you jack here in south london when a british soldier was beheaded seemingly but not in a terrorist incident but as we know and as we've covered on this channel that itself was an m i five operation in the sense that the s.a.'s recording with m i
five because this man had been in kenya in the somalian border why are they doing this right now and how all of that while they're cutting what the science research budget pollution controls flood controls closing down libraries hurting the dispossessed the people with fragile lives they want to put all this money into the intelligence agencies and also i should add they're also increasing the aid foreign aid budget which so many farias and strange operations also occur in the name of foreign aid to help other countries so it's obvious that this government commentators have called it fascism because at the same time as they carry out ludicrous or study which makes no difference to the public accounts and i got to say that the his opposite number the labor party it's much the same with the labor party there's about five percent of g.d.p. in it while they do all of this may be for up the security services and they're
preparing for civil unrest and action also barium on of course the revelations about the way that security services are spying on individuals and private citizens it's also politically insensitive is it not it's not going to go down well in that respect. that's presumably why the british government is spinning it and saying look if we don't do all of this you'll see more british soldiers a british barracks up and down the country are being beheaded we know the that there are connections here i said in that particular case in south london so i think that case can be thrown out immediately and for that matter instructor snowden allegations do we think that the united states is telling britain to be thought their way for them a six and g c h q budgets because as snowden has revealed britain is basically a spying outpost for the united states and yet the poorest in society have paid for this jeffrey osborne as mr obama calls him the nine hundred seventy s. singer ltd well mr obama may be telling those born and david cameron to do
just this before the security services and whether it has any real impact on the british people in terms of ideas of exactly what's going on is a different matter because you don't get to see the mainstream television media the british broadcasting corporation and the like you know really covering this and that kind of way that saying yes mr osborne is doing good things he's beefing up the security services to save the british people from terror and he's taking a iron hand to the budget deficit that needs to be sorted out you mentioned edward snowden and you're not been talking about the snowden talking for the last two or three days what do you make of his situation now why has he not left the moscow airport why is he still there or has a. week on behalf of the anything to do with the. the to do with the story but i have to say in the past few hours the very idea and this goes back to what we were
talking about intelligence agencies there was a famous comment was in the running to talk about military intelligence in this in the same way the idea that the hong kong government is saying that the united states got the name of the middle name of edward snowden wrong which is why technically the united states embassy or consulate in on calls designed to extradite edward snowden from all call went wrong is amazing i mean you know we're careful about things why are the u.s. government and their cia operations director in all gone could he could he not get the middle name related to jews if not james because it allows china to say hey we were trying to protect him and snowden really i mean i mean that's that's an intelligence disaster as for where he is and where this leaves the snowden saw go. get so many people millions of people around the world you know the story will be hoping he comes out safe is not killed by forces of the united states because
president obama was very stern in his comments jay carney says he doesn't give her a bomber saying look. into the lives of people in uniform going to war just briefly ash and even president putin said i would rather this man move on from moscow but the longer he stays here just what is the diplomatic fallout now the tensions now developing between moscow and washington just briefly. it's interesting european governments haven't sought to do too much mr putin was very clear saying look he didn't even enter russia he didn't even enter russia i think we now know that the united states is bluffing unless it has instruments of torture around the captive prisoners on the ground individuals and individual civilians and it's exporting people to black sites when it comes to a man who is seen by the wider world as one of the greatest whistleblowers of our time and he protected in a sense by developing nations and members of the u.n.
security council de facto president obama and all his military might absolutely nothing. he lived in london thank you very much indeed good to talk to you as always on r.t. . well now. on screen to. paper factory in russia. will soon make way for a brand. but a national problem nature reserves are only part of the major project and get the full details of the multi-million dollar plan of all to you don't people. still think these are the pictures from a volatile well actually hundreds of youngsters were. charged with pictures on. the first part of a long awaited addition to russia's sea fleet has been unveiled in some petersburg the stern of the heavyweight ship will now be sent to france to be fully assembled
. explains what this naval deal means for. miss strong always been a strong and usually cold wind in her eyes but it might also be a wind of change when it comes to places that will shut. her. up but to find the ground according to the deal signed two years ago this shipyard in st petersburg will play a vital role in the fabrication of vessels the section built here will soon had to france for completion before making the return journey to enter the service in russia's navy although there's no champagne available to celebrate here today because a bottle of it was just smashed on the new ship or rather on this section of a new ship it's still a big day for a big ship as high as
a fifteen story building and around two hundred meters long the mistral class warships have enough capacity to carry sixteen helicopters up to forty tanks or armored vehicles and around six hundred troops and a range of around forty thousand kilometers the equivalent of a single trip around the entire globe and what's even maybe more important it is a multipurpose vessel. with the ship is like a swiss knife it can be used both for military and civilian purposes it's a hospital it's a command point it's an assault ship and it's a headquarters it would be great for each of our four fleets to have the ship however the purchase of the two ships is not without its critics some of russia's own ship builders complain the fronts put a huge order to sort of the mastic shipyards they also say the deal has more political than economic benefits it's just recently emerged that the two miss truck lost warships will not be able to operate in russia's bison winters without special
lubricants that means more expense for the navy and a dependence on a foreign supply chain others argue. it's a win win situation for both countries france gets an order worth over a billion euro which will keep many of its your business and business more important now than ever because of the ongoing euro zone crisis while russia gets a warship that'll considerably boost its military capacity and also gains access to a very latest naval technology the first ship is expected to join russia's navy by the end of next year with another want to follow and as to whether this one deal will lead to closer ties with paris mosco will simply have to wait to see which way the wind blows. st petersburg. coming up to court through the i'll be back with more news shortly after the short break.
clay is the perfect material it's a lie you make just a small change and you get a totally different result than what a pretty top knot you have. goldfish is a little complicated. it's like geometry we start by marking out the incision lines as a guide. it's very intricate work where my life has changed one hundred percent. for most of the field operating table here more than just a very small table or not as long as i had a flashlight and a working battery and i had a good enough environment to work it. was among them along with some other terrorist leaders. too as if he's reminiscing about the highest. looking at you at the same time he's somewhere else.
with mike's cancer a no holds barred look at the global financial headlines kaiser report. italy is facing losses of more than eight billion euros a legacy of the financial tricks the government used to make sure it could join the single currency back in the late one nine hundred ninety s. it used the derivatives market to get help from payments from banks allowing it to hide the level of its debt and when it came to restructuring that debt at the height of the financial crisis it was forced into taking a major financial hit a further blow to the creaking euro zone where for more we're joined live now by overbuilt editor of trends magazine you know how i've explained briefly what it meant by using these derivatives but what exactly is italy then being accused of
give us your explanation the way you see it. well inland with what you said we have to go back to the early one nine hundred ninety s. when you had the maastricht treaty that some of the conditions that needed to be fulfilled by countries that want to join the starting group of the euro among these conditions where. the conditions on public debt and on the government budget deficit but leave that need to be at sixty percent or going into the direction of sixty percent of g.d.p. and the running budget deficit needed to be below three percent now for italy the debt ratio of sect sixty percent was totally out of the possibilities because at that time italy was already running a public debt of about one hundred percent of g.d.p. hence they'll be able to join the starting of the euro it was imperative for italy that its budget deficit so below three percent and as we can now look upon what
happened then that seemed to have been in only possible use of sophisticated derivative contracts that had the effect of reducing the government deficit at that time so actually what italy is now accused of is. that any preconditions for the from joining to starting from of the. area so it was actually breaking the rules it wasn't just a question of well cooking the books just a to fit the bill as it were it actually broke the rules. yeah roby rules it was totally cooking the books and it broke the rules especially with respect to the three percent budget deficit because sir i remember very well that at that time because a lot of countries were above the sixty percent ratio in terms of public debt a lot of the discussion and especially the political discussion on whether
countries should be allowed or not to join the e.u. the euro zone was focused on the deficit on the signing deficit of the budget and that is that we can we can really say that italy like for it right it will also freeze the cook the books in order to give its partners the impression of writing below three percent italy and greece does make you wonder how many other countries are doing similar things to get into the euro into the single currency and only guess at that at this point in time but i think it's a save bet to say that also other countries used this kind of tricks although probably not to the extent that italy and greece. use these tricks because it seems quite obvious from the data that we saw afterwards. that they really were quite big of tenders with respect to the so there are budget deficit
right so i already had these practices we've been talking about which happened in the past of a now adding to the eurozone crisis today. of course because like you pointed out in the introduction this will lead to these contracts will lead or are leading to losses for the italian government to a possible limit of what we know today eight billion euro or so there is certainly an increase in the financing needs of this government and there's of course also the question what do we know everything right now or whether there are still some unknown things out there in the bushes at that can fall up on the public finances of countries like for example italy in the near or medium term future but of course you talk about watch we know now what we're talking about now but do we really believe that all of europe's leaders didn't actually know this was going on then
a lot of evidence that maybe not to the extent that it's getting into the open now but that the euro the major european leaders were aware of what was happening in italy the german we can be there spiegel brought out that helmut kohl who was chancellor of germany at the time of the start of the euro area got reports in which he was warned that italy was cooking the books but as we all know by now a lot of things with respect to the euro. area discussions have to do with politics and i dare even say pure politics and it is also an established fact now that on the basis of pure political considerations mr helmut kohl decided not to take these warnings into account very interesting to talk about this year one have a delta editor in chief of the trends magazine joining us live here not say thanks a lot. quick look at some other news making headlines around the world now in our
world update at least one person has been killed more than one hundred sixty injured in fierce clashes between supporters and opponents of the egyptian president in the city of months dozens were also left wounded when fighting broke out in the nearby city of tanta several major opposition rallies are expected this week amid fears of another wave of violence. at least eight people being killed by police during a shootout in the rio de janeiro the security forces were hunting for the killer of a police officer when they clash with locals meanwhile anti-government protests continue to sweep across the country with people demanding better social services that's despite a recent proposal by the brazilian president for a referendum on widespread political reforms. update this up to seven people have been killed by a roadside bomb attached to a motorbike which detonated in pakistan's southern city of karachi a senior judge was thought to be the target of the attack and he was seriously
wounded after the suicide bomber rammed into his vehicle and he claimed responsibility for the blast though the judge had reportedly been receiving death threats. rescue operations are ongoing in a region where massive floods of five thousand people in the mountains there more than eight hundred have been killed and one hundred thousand displaced after ten days of flooding and landslides authorities are warned that rotting bodies left in the water pose a risk of contamination and an outbreak of disease. and us president barack obama and afghan leaders have reaffirmed their commitment to peace talks with the taliban both said they support. the taliban new headquarters in doha as long as it is used more than a place for talks that's despite an attack on the presidential palace in kabul by the insurgent group on tuesday morning three security guards died in an almost two hour gunfight before all of the militants were killed. so that brings up today for
the moment of a bout with a news team in about five minutes from now stay with us r.t. live in moscow. they were ready to do anything for their country to me is to love the country more than yourself if you join the military for any other reason that you're probably not to have a good day they were tools in the hands of the state now they live remembering the past which is impossible to get rid of. the war. but i'll ever good people to get hurt. but i've heard good people empty silent. a lot. but would prefer not to be sometimes i feel like.