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tv   [untitled]    February 28, 2012 12:00pm-12:30pm EST

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if you. come from france to impression it's. starts on t.v. dot com. syria vows to defend its people and sovereignty from foreign pressure. a new constitution says the e.u. enforces fresh sanctions over the ongoing violence. but china the world's second largest economy that without reform it faces a financial slowdown that could take the global system with it live analysis on that for you shortly here. at home and away britain's criticized for cutting spending at home and sending billions of brought in foreign aid to countries who say they don't even want the cash our top story. and the global equity markets trade on tuesday with the russian markets for going
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into the red and european markets trading in the black. for more on this and other figures and business bulletin. internationalising comment live from moscow this is r.t. with twenty four hours a day washington says the syrian president could be classified as a war criminal but secretary state hillary clinton stop short of calling for bashar assad to be prosecuted because that would make it difficult for him to step down the u.n. human rights council is meeting to pass a resolution condemning damascus but syria's representative in protest and official say economic pressure from a new set of e.u. sanctions would only lead to greater suffering for the already beleaguered population the u.n. says more than seven and a half. thousand civilians have died since march. was in damascus. french
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foreign minister in a speech to the un human rights council on monday in geneva where syria is dominating the agenda has said that the time is common for president bashar assad as well as other syrian officials both civilian and military to face justice for crimes against their people france wants to see the regime before the international criminal court and urges for preparations to start the draft resolution of the un human rights council condemns widespread and systematic violations of human rights and other freedoms here in syria without the economic pressure from the national community to the regime is also increasing the e.u. has he damascus with its toughest set of sanctions yet they include more asset freezes against officials and impose restrictive measures on the country's central bank it's also maintaining support for the syrian opposition recognizing the syrian national council as a legitimate representative of the syrian people seeking for democratic changes
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recently russia's prime minister vladimir putin has said that meddling into other states affairs may lead to foreign intervention has also stressed that. and attempts to put democracy by force may and very often does the opposite affect qatar and saudi arabia leading calls to start officially arming the rebels amid reports that that is already happening covertly but gaza based professor. thinks that the syrian crisis will backfire on the gulf states. as long as the west and america and conspiratorial countries are not happy with the performance of the syrian government they are going to create trouble for their people and it's to give the people for more action against the regime and they're going to see that because of its role in this part as a power which is opposing those that i had which is a bit of the policies of the not states of america of the west what's happening to syria probably when spread to go to so with the idea about
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a cut out of out of baghdad of simply because their own people are not happy about the conspiracies of the about that which they play in this part of the word. still ahead. please report suspicious activity. to the tools of the united states to carry out acts of terrorism don't assume it was left by accident if you see something say something. we track the influence of big brother on american life as people are encouraged to keep an eye on everything and everyone. but also how to lose friends the israeli way as its neighbors begin losing patience over the countries and iran rhetoric. this story still to come but first a new report by the world bank says china's current growth is not sustainable and its economy is heading for a slowdown the decline could affect the entire globe but that's in twenty years from now and the country is expected to surpass the u.s.
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as the world's largest economy while before that well for more on this let's talk to dr richard wellings he's deputy editorial director of the institute of economic affairs who joins me now in london while the world bank has warned in its new report that china's economy is facing a major slowdown kind of effect might this have on the rest of the world if it did indeed happen. well potential serious effect on some of the hugely indebted western governments who rely on the chinese to buy their bonds so there's a big danger there if there's some sort of selloff if u.s. treasuries for example that could be lead to some sort of crisis in america clearly china is now a major engine of growth another example would be germany that's where we're lying to a large extent on exports of manufactured goods to china so it would have an impact there as well so it would be bad news but i think probably right and it could even come sooner than. the world bank of course calling for reforms saying that china really should reduce its dominance of state companies and stop privatizing state
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enterprises encouraging private investment what are the chances of china actually taking this advice though in the short. well it's important to point out that the states generally a lot smaller in china than it is in the west so public spending is the share of g.d.p. is only around twenty or twenty five percent compared with forty or fifty percent in the west so really china is doing pretty well on that score betty but yes it should try and privatized this inefficient state industries but the problem is often politicians and officials don't actually want to let go and that happened in the west when we tried to privatizing the stories that we came nominally private but they were still heavily controlled by the government but has privatisation in the west necessarily been a successful policy. it hasn't it hasn't it depends on which industry so some of the formerly state owned lines it has been a success with but their industries like the railways and some of the public services it hasn't worked too well because the government's carried on regulating
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these industries very heavily because they were wanted to avoid any any huge political risk so they've ended up heavily regulated without any entrepreneurship and without any benefits from privatization what about having exerting some sort of authority over the economy most successful capitalist economies today some would say operate with a hint of authoritarianism china we're talking about now and indeed singapore now that's a good example isn't it it isn't it isn't i mean say singapore is this pretty typical in many ways i mean it was really very much an elite city state with a lot of businessmen from who fled from communist china the top businessmen from shanghai and so on the day left to go to singapore so really had a head start in demographic terms and in terms of business freedom of course it's always comes top of the league tables in terms of business freedom social freedom it's not so good of course what about china of course being part of that emerging group of the colonies the so-called brics countries can those brics countries
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expect a robust future all should indeed the world bank be saying they too should reform and be careful of some form of economic collapse in the future. well of course each of the members of the brics are very different so i think china could have short to medium term problems because they made a massive mistake of this huge fiscal stimulus response to the financial crisis so there are lots of bad investments and this. being they need to be on pitch in china i think india's got a very bright future obviously it's much poorer than the other breaks and there's huge potential for growth there even with quite minor reforms because they're a lot more pessimistic about because i think it's really a lot of the recent being has been based on the sort of tail end of the inflation during the boom period and that is also based on the commodities prices and of course russia is also. a large extent dependent on commodities as well just briefly
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what about america's future in all of this are we really seeing those brics nations and in particular china of course to become the world's largest economy in the next twenty years what is the future of america now economically well i mean are some estimates are we looking at if you adjust the g.d.p. figures for the cost of goods and services then china will actually overtake america in twenty fifteen or sixteen so that's a very short time period indeed and in america needs huge reforms to get it back on track and we do have a problem with the crony capitalism legal system that's hugely inefficient so so really america is in a desperate desperate need of change richard really interesting here perspective thanks so much for your time richard warnings there dr richard whiting's joining us there from london thank you. still ahead for you this hour here in our cash flow controversy. india wants to be treated as
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a world power india wants to be equal india doesn't want to be treated anymore as a little child being told by mother how to do things the u.k. sends a steady stream of money to india while cutting public spending at home though india says it doesn't even want the cash. that's sure to come first the un's atomic agency says it can't tell whether iran is trying to build a nuclear bomb because tehran refuses to cooperate but the country's envoy to the has questioned the agency's impartiality and says it's influenced by the us in an exclusive interview to r.t. . sultan filled in the blanks of iran's nuclear program following the recent visit of the inspectors is a preview they are warning that couple of countries including united states is trying to randy agency so that they can dictate from washington what vienna should do and that is why we do not permit such a thing to occur and that is the whole issue that the agency as
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a professional technical organization should do its work and that is why you see they make meet so many noses here and there they do not let the agency to do its work and that is why we want to expect all countries including russia and others and i'm very pleased that last meeting in fact russia and china ambassadors along with a hundred countries of nonono movement all together questioned what had to happen in fact namely the elise of confidential information that we need that mobilization our member states to prevent something happening in vienna which did deal ray the agency from its actually that is what we need but i'm now on. and you can watch our full interview with the ambassador in an hour from now here on r.t. . well israel which has been threatening to attack iran's nuclear sites now says if
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it does strike it will do so without warning officials say they will keep washington in the dark to avoid it being involved but danger could look much closer israel is building a security barrier and on its front here with egypt to keep militants migrants out and started sending additional reports that's just one close by concern. love their neighbors as the biblical thing goes but in the case of israel there is not much love lost between the jewish state and the countries closest to it while authorities in jerusalem fears the feyerick is ation said iran some wonder if in their empty tehran frenzy they may have overlooked other troubles brewing much closer to home to. the roots of euphoria in israel the result. there is not iraq the. other than. the gaza strip. in fact the palestinian conflict has long
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been a source of problems for the israeli government but recently seems the issue has all but been forgotten some believe this blinkered approach may end up having dire and explosive consequences for israel with the rise of islamic tendencies in the wake of the arab spring states which until now have been tacitly benevolent to what israel may do it turned around in fact such changes already evident in egypt the muslim brotherhood which holds the majority of seats in the parliament has already threatened to break peace accord but this israel as a response of pressure from the u.s. to crack down and. it's even worse egypt will undergo tremendous changes egypt will stand behind hamas one day hamas may attack israel as it did in the. two thousand and eight the question is how would egypt such a conflict i think is an imminent threat iran is not an imminent threat. but
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could also be an imminent threat some believe is the situation in syria which seems to go from bad to worse with every passing day. of control by the central regime in damascus means. the presence of terrorist groups that operate to get steve israel meanwhile israel's most placid neighbor jordan may seem to be a bedrock of stability but experts say that isn't so because israel's immediate neighbor to the it's a pantry that israel has. with it also has the longest border with and i think it is most vulnerable to. influences from almost everywhere else spillover from syria spillover from iraq there are very serious problems and jordan one look at the map is enough to show that israel's position in the real. could be described as potentially problematic at best however israeli authorities seem to be less concerned with reinforcing good relations with
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neighbors or preparing for those relations to worsen instead they are certainly continue to confront iran with the word of words for now in tel aviv he didn't r.t. on the web site r.t. dot com we have more on the behind closed door discussions between israel and america when it comes to iran or the strike could come with any moment but you can also find out how israeli politicians have been told not to talk about iran ahead of who's visit to washington also online money point could the taliban have been leaving a nasty taste in american by trading guns for poison. so why not wipe dot com. and joining forces three out of the five russian presidential hopefuls have met for a new type of debate being grilled by journalists instead of fighting with each other that's a much more for you on our web site online all the time. presidential
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authorization for the military to detain terror suspects without charge or trial has left americans wary washington says it's beefing up national security as part of the war on terror but critics say fear mongering is dividing not in the nation. this report. the united states of america is home to over three hundred thirty million people we are a country known for freedom. that was then this is today it's. a sure report suspicious activity of the already the land of liberty is fast becoming known as the land of fear and suspicion there are individuals in the united states who seek to carry out acts of terrorism the post nine eleven slogan
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born in new york city has been adopted nationwide don't assume it was left by accident if you see something say something this see something say something american campaign depicts terrorist scenarios and encourages members of the public to keep watch on well other members of the public according to f.b.i. pamphlets distributed to local businesses potential terrorist activity indicators include always paying with cash wearing backpacks and baggy clothes and the discreet and prolonged use of cameras for note taking even the cybercafe owners are encouraged to keep watch on any customers overly concerned with privacy even just trying to shield your screen from others can make you a suspect. for sharing government policies or making anti-war statements can also land citizens on the u.s. watch list as of two thousand and nine the u.s. defense department categorizes public protests as a low level terrorism we live in
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a military dominated society. of the people or on the order of. terrorism is a threat you know on nine eleven is clearly never. has been exploited and. sustained by encouraging a state of public surveillance some new yorkers accuse the government of fostering more paranoia than security but we are going i was saying. oh yeah that's all that it is that one is paying cash to me you know the terrorists before there is watching yeah no i don't agree with that at all it's too far reaching the n.y.p.d. under fire again for its intelligence gathering campaign involving a muslim american. and illegal surveillance scandal erupted in the big apple after police officers were caught spying on mosques and muslim communities according to the associated press thousands were under surveillance with no evidence or even
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allegations of criminal behavior we have to keep this country safe this is a dangerous place many in the u.s. fear that with america's escalating definition of suspicious activity the government's expanding powers remain the biggest threat to the people security. r.t. new york. so world news in brief and i for you this are in our world update government of open bus and more like you start killing eighteen and injuring seven the victims were from the country's minority community the ambush happened in a mountainous village in a district dominated by sunny tribes the taliban has claimed responsibility. an explosion of a chemical plant in northern china has left thirteen dead and forty others injured the blast flattened nearby buildings and shattered windows and surrounding houses tremors caused by the incident could be felt in several nearby villages the plant specialized in making chemicals to fuel space rockets the. failure of some police
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in riot gear have cleared the occupy camp and london the high court ruling that allowed the support cathedral side to be taken down twenty arrests were made as protesters try to prevent bayless from moving in demonstrators have been camped out since mid october one of the largest surviving sites of the occupy movement against corporate greed. occupy demonstrators may have been sent home but a new wave of nationwide protests could be on the way taxpayers are making their voices heard angry that foreign aid is still sent to india while public spending has been cut at home and despite new delhi dismissing that out as peanuts the cash keeps flowing ati's door smith. whoever wins these streets they're getting used to the pounding of feet with demonstrations large and small a regular sight don't spend our money on foreign wars don't cost our public services these people are saying but although the government insists the cupboard
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is. still sending millions to india one of the fastest growing economies in the world is absolutely crazy really and foreign aid of course is one of the few areas of the u.k. pressure that's actually increasing substantially over the next three or four years but money could make a huge difference if it was for example spent on tax cuts for low paid workers or you could make a huge economic difference if it was spent in the right three years ago. which makes it worth it but just that. billion dollars. to india which now has more than britain and the indian economy will grow by seven percent this year compared to a measly one percent here it's already got the ninth largest gross domestic product in the world and it's got the space program immense wealth rubbed shoulders with
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crippling poverty though and defenders of the aid program point to india's six hundred million poor people living on less than two dollars a day the government says the aid is carefully targeted investment into education for women and children and helping the private sector create jobs and growth it is wrong to portray this as an indiscriminate amount of money being given to the indian government who could go and spend it on. space or indeed other things this is a very concentrated. talk today programme and i think on that basis even it is being targeted at some of the poorest people in the world. i'm happy to defend the aids concentrated on the three poorest states in india but if the government things that'll help it reach its goal experts say it's mistaken the problem is. particular have also got some of the worst problems with corruption and
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paul governance in india i mean that's one of the reasons there is a still struggling states is because they have a very bad government so the idea that somehow this is going to be different this time it is different though if only in the fact that the indians have said they don't even want the aid the foreign ministers dismissed the monies paid us and the recent decision to buy french rather than british fighter jets shows the cash doesn't even matter according to indian journalist may have he says it's up to the four hundred million wealthy indians to help their impoverished country men not patronize ing post-imperial britain we are showing how good we are this is the way to do it and this is what you should be doing in fact it produces the opposite effect it makes them resentful it makes them feel they're not taking indian seriously india wants to be treated as a world power india want to be treated equal india doesn't want to be treated any more as a little child being told by mother how to do things within a decade economists predict india will take in the case become the world's largest
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economy while british great stagnate its time stay commentated for britain to build relations with the new powerful india before the eighty's to start flowing in the other direction. r.t. . when it's time now to check stocks markets oil prices and the currency rates as all of this and more at the business yes hello bill well the markets have started in their trading choppy trading session today and we can judge that what's happening in the u.s. markets open lower on we quit ports from factory orders and prices. but wall street is higher at the moment after consumer confidence rose dramatically in february to the highest level in a year now europe has seen a choppy trade a foot in the dax is in the black but the fresh spanish deficit concerns kept investors on guard and russia both says and i'm isaac's slid into the red losing
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over a percent of energy stocks were the main drag as oil prices main export berner fell is losing slightly let's check a major moves. over a half percent in the red and gas from last on the one percent we see the banking stocks were also under pressure with falling over one percent as well and in other news for investment into russia grew by sixty six percent in two thousand and eleven that's according to russian accounting standards now russia's natural gas industry is ready to welcome a new major player in the country's largest oil company state owned ross nafta is set to set up a joint venture with terra an independent gas producer in the course or has more of that this partnership means the two companies will work together on strengthening their position on the gas market but now as
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a single entity its era which was of course the first private company to produce and supply gas in russia is now handing over for all of its assets and this collaboration will lead to the production of over forty billion cubic meters of gas a year amounts in reserves of over one trillion cubic meters of gas these companies claim this will increase not only their reserves but profits and capitalization and also it doesn't exclude the possibility of adding its own assets to the company in the future but at the moment it seems their main priority is to increase their potential and influence on the gas markets. and staying with natural gas the european bank for reconstruction and development has denied ukraine a loan to modernize its gas transportation system saying that it could not lend money to a company which is posting losses and needs structural changes now oil futures pulled back from a recent surge that threatened global economic recovery but prices are still rather
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high and there's a continuing concern over middle east supply let's check on the currencies the euro's gaining against most of the currencies that's up to germany's parliament approved greece greek bailout package and that eased took some ease from the euro debt now russian currency extending previous gains against the dollar now it's trading at twenty one to the greenback but it's slightly lower against the euro trading to thirty nine. that's the update i have for you this hour but i'll be back later with more here about the start.
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of a local war lords war criminals we have a lot of illegal call me groups of them called citizens who says all our views in the home or right enough against my marriage was like many other marriage it wasn't forced marriage it's just money when i was fourteen years old you can liberate other when and you certainly can't do it through the barrel of a gun only affected social change yours will be the afghans themselves
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afghan men and women we believe i'm going to stand and not truly cross paths without the power to fish on its chemical pollution and better construction and stop people in the obama administration talking about how much they care about the women of afghanistan it's not true they don't care about the women of afghanistan. some years.

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