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tv   [untitled]    April 20, 2011 4:00am-4:30am EDT

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discipline the hotel in touch with certainly touch your religion a good how would international health good to change every green he told in talk of . a warning that islamic radicals are gaining ground in egypt's political vacuum as the country gears up for elections and its transition to democracy also. we are one shark away from a full grown praises. while the wells of us back are natural institutions and one of war impending dark times ahead there's concern that america doesn't have enough dollars to sort itself out. and with one in five young italians out of work and the prospects of getting a job we report on how italy is facing a lost generation. there
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it's twelve noon here in the russian capital you're watching r.t. the next chapter in egypt's path to democracy will see elections in september a groups linked to radical islamists could steal a march in the polls and events like the muslim brotherhood gaining ground on their storage records the free vote in autumn could see a much stricter regime take control. the more things change the more they stay the same certainly that's how it seems in egypt where the army is clearing cairo's tahrir square of demonstrators to show everything's back to normal and they're not wrong after months of upheaval it's very much the same people in charge as before but it's a concern that they may have already the dictator they haven't been to the details ship deep concerns as to whether the reforms have gone far enough whether the restrictions on the role the military is still too great for true freedom to emerge
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in egypt and that is the debate that's currently polarizing society there but without the army a power vacuum and poised to step into that vacuum the muslim brotherhood links to al-qaeda the brotherhood is understood to be multiplying and organizing from the mosques according to their spokesperson they expect to win seventy five percent of the electoral seats they contest in september's election sun expect something more sinister there might be a deal. between the army and between the muslim brotherhood to share power and basically hijack the whole revolution this is the oldest and the best organized political movement in the opposition and of course if the field is more or less been leveled now after mubarak has gone you have more chances than others who are not well organized back at the beginning of the year european leaders appeared to adopt a hands off approach to supporting democracy in egypt but the east democratic change
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has to start. it needs to happen now to greater freedom and democracy in egypt. but americans are now arriving in droves to exert their influence over the democratization process it's very worrying to see so many advisers from washington arrive in cairo and perhaps trying hijack the revolution for washington but we must always are. but egypt was a strategic lynchpin of washington foreign policy that all important issue is going to hell and the nile river basin so we'll see the forces aligned against any leader that goes the regime egypt washington will be a free try to get it on. but what if it's the muslim brotherhood although the west has had some dealings with the brotherhood it acted very differently towards its roots organization hamas classified by some countries as a terrorist organization in two thousand and six had mass won
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a democratic election in the palestinian authority in response to the middle east quartet employees to fear sanctions according to the merriam webster dictionary the definition of democracy is government by the people but what will happen in european corridors of power if the people of egypt sees what's perceived abroad to be the role of governments the world awaits the results of september said your avatar to see the. two leading american allies in nato u.k. and france are poised to send ground troops to be able to train rebels there the un resolution forbids foreign occupation but foreign secretary says the move complies with the agreement because it would protect civilians with the piano position the striking to this week's long siege spike and his forces in the western city of misrata deadlock is increasingly making restless enough to want to boost their presence but it's not the only country in american sights we can extrapolate the
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u.s. . position in syria country. right votes the president is lifting the decades old state of emergency to get access to stay in their homes for him to. the summer this washington is backing of the opposition is further evidence of the right approach to the east which many regime. it goes way beyond libya in fact i'm working on a story at the moment the pentagon against china this is the big story in africa for the next fifty years i would say it starts in the beginning of the two thousand with creation of the african union the three was a very important in this mechanism it was a mechanism to give a political price to africa in terms of unified africa in terms of political decisions or not you know of course economic integration with china start investing
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much more than it was investing during the night you know they're over africa you know at least thirty countries they have more demand hundred projects all over africa and then came the reaction from the pentagon two thousand and seven two thousand and eight would be african command which has just launched its first african war will be launched the tomahawks three weeks ago against against tripoli basically so now this is the chess war it's no better gunfire at african against cheney's investments and. i would say at least fifty african governments and they were scrambling to see ok we're going to do now. also ahead this hour despite the claims of social benefits georgians hard to make ends meet system there getting new government assistance. power struggle a different kind we take a look at the fuel source america calls the next big thing but not everyone is
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convinced. of global finance chiefs are warning that swift action is needed to escape a new wave of economic crisis when countries run into financial trouble and international monetary fund and the world bank which are primarily backed by the u.s. but as her explains the dollars are running out fast. and you will spring gathering about the world economy produced a dreadful financial forecast we are one shot away from a full grown crisis critics say through the establishment of the international monetary fund and world bank america has positioned itself as an economic dr to the world using the institutions to retain global domination and fulfill the business interests of large corporations craving resources belonging to cash strapped countries or what they do they very often pressure governments to what we call
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prosecco the economy is weak or a recession and they want them to quit spending or raise taxes that can be very very dangerous and can slip back into recession were i tell all too familiar to latin america the middle east. and most recently greece. where tens of thousands stormed the streets protesting austerity measures public spending cuts and tax hikes. as the largest financial contributor washington also wields the largest voting power at the i.m.f. the furn of the i.m.f. it is run program by the u.s. treasury department you know with some input from the european countries that right there tells you most of the problem this is supposed to you know one hundred eighty something countries and it's run by just a handful or maybe just one and american has always served as president of the world bank since its creation in one nine hundred forty four but now with its own
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backyard in disarray america is hardly in a position to hand out financial advice to others in two thousand and eleven america's financial management is best defined by a nonstop borrowing binge see the talk over there it's a running ticker of u.s. debt which has surpassed a ceiling of fourteen points. three trillion dollars now the u.s. may want to consider investing in a bigger clock with a few more digits on the display problem so back to the u.s. president can't ignore it and the government can't seem to solve it we have to live within our means we have to reduce our deficit republicans have refused to support measures such as raising taxes on the rich i mean defense spending we're approaching on a par with the total g.d.p. of the country this is very serious because most economic research suggests that countries tend to decelerate in their growth and have more and more severe economic
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problems once the debt to g.d.p. ratio gets above about ninety percent or we're about to go through that rubble all eyes are now on the nation that sets the bar for others to see if it clean up its own bad debts at home. r.t. new york. some say the i.m.f. and the world bank may it not be the solution countries need when the cash runs dry and you govern marshall from the center for search on who lies nation says institutions are actually it's a blame for many problems in developing states. the i.m.f. and world bank say that they are interested in reducing poverty and development all their actions and said otherwise and the repercussions of their actions have exacerbated poverty. created a new developments and you look at africa in latin america during the sixty's coming out oh because monier our independence movements these countries are the ballot in quite rapidly in africa the growth rates which remain until the oil
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prices which are in fact the world puts in places were supported by the state department. and this created a flood. of money through the western banking operations in going to these developing countries the finance industrialization they essentially act is the you know new institutions they have to deconstruct rain forests and a group culture and focus on what's exports induce growth and make countries produce certain crops for export here freemasons and then that's making the entries and then from your emissions for food and other services and creates an tendency not only are they interested in the kenyans manage the so-called irrelevant right now they're also trying to integrate and advance the process global governance by bringing in emerging nations that use china and india right now their nations incidents and institutional apparatus and global governance by bringing them to the game essentially on the other side of the atlantic it's that future generation
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which is feeling the force of economic hardship it's allays young people face a bleak future that in itself unemployed as a country nationals to prevent itself suffering the same fate as greece and that it will just go for ports from where. over a year now element has been trying to find a decent job with displaying having a degree in linguistics and fluently speaking german french and spanish the only words she's been able to find were short term gates says hiring interns to simply cheaper for companies while many of those with a higher education are left behind and. if it doesn't improve it i don't see how it can the only way to find a job is to look for it bright and tired of working for it here and read italy. but while many can't find a job this guy doesn't well to start looking for maybe he's twenty five but still
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lives with his parents who cover all his expenses weeping up afternoon tea then playing his guitar and video games to him illness problems are as unfamiliar as a job application moment pressuring him nobody to get work is boring and neither do i care about politics or the economy this is a free country and everyone can do whatever they want that's the medical mystery. italy's national statistics agency counting is that one in five young people in the country is either unemployed or nuts thirty best over two million people saw many on able to file a long term war and some not wanting a draw at all the statistics are quite grim to such an extent today's it really has been dubbed the last generation something totally incomprehensible to their elders . learned to spend his whole life working in a post office now in retirement he says that back in his day it was much easier to
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find a job thinks the current situation is absurd. pretty youth is what life is there for it doesn't matter why they don't want to work wasn't working is that the government has to do something to provide work and. i'm interested to know about you know the whole italy central banking system the entire economy is in need of all the major legislative overhaul especially since the young italians who do good work are earning less than those during the one nine hundred eighty s. and production output is in decline for one of the world's eight biggest industrialized nations the last thing we need is a future generation that's floundering well finally jump off walking out together the skin of the road. or you can head for r.t. dot com to get more no last stories that's more videos and analysis that each year has what's online today cost in the end and must work out against russia's most
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wanted terrorist has been defrocked and accused of inciting religious hatred of victims you don't take his stories online. plus the russian businessmen they held in new york on arms trafficking charges let's you know as vince they can get him out of america more stories level it was a tough call more you can watch on video of what's on the you tube channel. is. it in the.
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georges or thora this claim the fight against poverty is one of its top priorities but even foreign help doesn't appear to be making a dent in the deep desperation suffered by minute georgians was concerned as are the reports that money's not getting to the people that should be helping. the small sunny country of georgia has long been known for its fresh organic progeny but recently it seems the fruit of georgia's economy has been rotting away. people come to the market and don't buy anything because they can't afford it out of all the goods here only i knew them potatoes a loco everything else is imported from greece and turkey and iran and it's so overpriced we stay here anyway because we have to try and sell something so we can eat. it yvonne knows all about having nothing to eat she hasn't even been able to afford apples for handicapped daughter too expensive the other money i have no home no job no money and no social support all i can do is sit outside
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a church and beg and i can feel my sick child the only money we get is my pension around thirty u.s. dollars a month and miriam's and john are together comes out to about seventy five dollars a month so that we have to eat the bills and buy medicine from the area which is impossible but young has cerebral palsy and is in desperate need of surgery it can only be performed in germany her family has no hope over raising the money other than me i mean on the she's already had eight operations and has five more but i've almost lost hope i even went to a charity t.v. show but it turned you down. a good one and her family live well below the poverty line and in this they're not alone. you for four. percent of the population and more than one. hundred.
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percent of the poor to the georgian government has a growing social welfare system that includes cash benefits free or low cost health insurance pensions and souters for care the social benefits are aimed at. poorest of the poor however by two thousand and nine world bank poverty assessment showed that only thirty percent of those citizens actually received cash assistance and it seems qualifications don't help either. if one is a professional singer and in these tough times music is all she and her daughter have. but the only real music to their ears would be an offer of help something neither has much faith they'll hear any time soon. government is clearly that is doing everything possible in the current financial climate to help its people that was born more diligently have no money for even the basics like food medicine and living like this it's clear that the poverty line is very evident enough hard to
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get georgian capital. cashiers r t v georgia. or the qur'an the world now some other international news the u.s. soldier accused of causing thousands of state secrets to wiki leaks is to be moved to a new prison the past ten months bradley manning has been held at a marine base in virginia supposed decision to move into a brace and transistor comes off the ground international criticism that is being held in conditions which amount to pressure. former cuban leader fidel castro made an unexpected appearance of a communist party congress alongside his brother raul was the current president it was the first time they've appeared together since their hundred or five years ago i thought it was a show of support for raging changes which are. instruments of interest leadership of cuba's communist party totnes brother israel. play in the
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current america's first lady right to abort its landing of the getting too close to a military cargo jet aircraft came within five kilometers of each other instead of meeting with eight charlotte was playing eventually landed safely circle that base of the cargo jet and clear the runway focuses on where the air traffic controllers were to blame and services come under pressure since revelations that some controllers snapped on the job. of the world's thirst for energy grows its full speed ahead for the u.s. in the opening its shale gas deposits are still considered to be a greener energy source but some research is that it could actually cause of serious environmental and health problems in the scribbles. it's cheap it's readily available and it's made in the united states washington has hailed shiel gas as the next big energy development or the top five years the u.s. has invested billions of dollars into the field bringing cheap energy to consumers
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still deposits lie deep underground and unlike natural gas shale is widely available in the u.s. which means the country doesn't have to pay for imports. for the shale revolution stemmed from high gas prices the main question right now is how will the shale gas industry survive now the gas prices are one hundred two hundred fifty dollars a barrel which is four times less than they were five years ago when shell development began. this pipe that european countries are also looking at potential shale gas resources on their territory albeit with some hesitation rights now it's more whole then facts and we have really to think realistically about this source of energy we don't want to think it did terms of cause in russia and like america had thought another potential plus of shale of course is stopping
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countries dependence on russia which the plays most of europe with natural gas where we are already saying that if shale deposits are found in europe. the advantage of supplying gas to other countries what's been hundreds of rebels from power don't seem to be losing any sleep over their supposedly. fuel here's why. we're watching the situation and withing that local it's very viable but it will remain a local gas supply it's impossible to extract gas to last for long and if you look at the shale gas suppliers right now you'll see that most of them are losing money dog or shale gas may be easily available but it's the gulf and. does not come cheap about what you ordered to get shale gas horizontally incessant crap that needs the profit margin of the process gets lost very fast. and though the above on
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ministration has hailed shale as an environmentally friendly out for the natural gas the recent studies have put this on the question several scandals have already broken out in the us because of the thanks of shale gas development only environment and people's health. chill gases extracted by hydro fracking special chemicals around into the water to break up the rock formation components of these chemicals are kept secret by the companies in the united states and claim it's a commercial secret but that water laced with chemicals ends up in drinking water so shell gas development poses a serious threat to the environment and health care in the united states may have outdone russian gas production two years ago but like any seeming miracle cure shale gas me prove yet another false and dangerous economy. and what's happening in the world the business with.
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welcome to our business update thanks for joining us short chapters jitters on the markets and making for some long term investor meandering that piles in the u.s. and europe means capital ends up so weighing between the city and investment strategist ronald nash said there are pros and cons for russia. what you do have is a long term trend is this competition between europe and the us as to which has the bigger problem so when there's a problem that erupts in europe. people start selling the euro and going to go into the dollar and that's that's actually what we're seeing right now as much as what
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happened with the s. and p. creating weakness some strength from the dollar it was actually the weakness in the euro this chasing money into the dollars right now both the problems in europe and the problems in the us in theory it should lead to strengthening in the ruble as an alternative currency so we drove but unfortunately for russia the ruble and russian assets in general are still considered to be risky so whenever there's an increase in risk anywhere in the world people tend to run away from from the real. in japan they expose full knowledge both with first time for the first time in sixteen years by two point two percent it's one of the first official results following the earthquake and tsunami disaster the country's trade surplus also fell has dropped nearly eight percent to two point four billion dollars which is three times lower than previously expected and analysts see bleak prospects with recession and construction in the japanese economy continuing in the coming months. that's how
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they make it in markets now asian shares were behind it from losses in previous sessions after an overnight in advance and wall street property developers and commodity producers are among the rises in hong kong with petro china of almost two percent to crowns need as spain's around one point seven percent despite the negative data on the country's trade surplus. the european stocks are gaining decide by pitsea dikes are around one point five percent which is in short term think three point five percent of the economy could recorded a ten percent rise in first quarter revenue. in russia the u s and my successor trading in the blue line we are to get this country more than one hundred percent of what energy sector leading the growth. others have a look at some individual share movies over my six as a just heard and if you majors are among the main gain is the sound as all prices continue to grow well snap is up more than a one into the sun this summer and precious metals producers are also on the rise
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let's call it better off around one point two percent. gold futures have advanced to a new all time record topping fifteen hundred dollars and now it's known worldwide inflation and death concerns are all string precious metals which investors turn to one day as turbulence elsewhere silver is trading about forty four dollars per ounce its highest level in three decades. so it all continues to recover from its goal and also its prices drop sharply at the beginning of the week as a consequence of the news of a merge his credit ratings bring crude is currently trading at around one hundred twenty two dollars per barrel while light sweet as around one hundred nine dollars a barrel. the truce over control for russia's third biggest mobile looks to be over algeria which is part of russia's alpha group plans to dissolve the bill called structured deal with norway's telling or after says it's no longer appropriate after the until khan's merger with egypt's overscan was
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sealed to an extent on our part of the deal and saw its stake in the begin line operator dropped to twenty five percent but andrey bought a dano at a gas pump and believes all shareholders could find benefits the reasoning behind it is that the problem decided to deal in or at this particular moment is not the best partner for their interests as a business group with some classes we hold but pretty much assured that we could work together for ever and we will probably have very successfully and should be very much value for each other risk because different qualities in the way and that they both united are very strong can bring positive for the company for their particular case up or probable probably other thing you will lose in terms of the arab league was thinking chords to be and everything goals or forth in the future if you're that of almost never loses but yet again when some always something happens first that result is business subway join us for more next hour and of
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course you can always log on to our website called business. the king has been to the chill yeah the inspiration for the long lost secret of dumbest steel has been discovered. now articles east of lake baikal with the longest run.


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