Browse content similar to 19/04/2013. Check below for episodes and series from the same categories and more!
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police operation and locked down in Boston tonight. The prime suspect in | :00:17. | :00:21. | |
the Boston bombing and the killing of a police officer has shocked the | :00:21. | :00:29. | |
nation and his family. I say, if you are alive, turn yourself in. And ask | :00:30. | :00:37. | |
for forgiveness. Who are the brothers? The now dead name-mac-bee | :00:37. | :00:42. | |
and the still at large, name-mac. We have been asking ourselves whether | :00:42. | :00:44. | |
it was home-grown or foreign inspired, but the answer may well be | :00:44. | :00:54. | |
both. Also tonight, and an economic boom for Mongolia as they set out to | :00:54. | :00:59. | |
tap their economic world -- economic wealth. Are they about to become one | :00:59. | :01:03. | |
of the wealthiest countries in the world? It is a vast body of copper, | :01:03. | :01:13. | |
:01:13. | :01:15. | ||
gold and silver. They say it is the size of the island of Manhattan. | :01:15. | :01:20. | |
Good evening. It has been a day of huge drama in Boston but still the | :01:20. | :01:24. | |
19-year-old suspect in the Boston Marathon bombings has evaded the | :01:24. | :01:29. | |
Lancs -- the ranks of law officers swarming the city. His brother and | :01:29. | :01:32. | |
accomplice died following a fire fight with police. Scattered family | :01:32. | :01:37. | |
members have contributed to a picture of the suspected bombers. An | :01:37. | :01:41. | |
uncle in Maryland has called them losers and called his surviving | :01:41. | :01:45. | |
nephew, a medical student, to give themselves up. An aunt in Toronto | :01:45. | :01:49. | |
said the older brother had recently become a devout Muslim. The father | :01:49. | :01:53. | |
in Dagestan said his sons were set up. This report on the dramatic | :01:53. | :01:57. | |
operation still unfolding. Ladies and gentlemen, back-up, | :01:57. | :02:07. | |
:02:07. | :02:08. | ||
back-up. We are being ordered back. A city in lockdown. 1 million people | :02:08. | :02:11. | |
trapped inside a combat zone. We are asking you to stay home, stay | :02:11. | :02:18. | |
indoors. We asking businesses not to open. Move back around the corner. | :02:18. | :02:23. | |
Move now, please. Up to 10,000 officers, heavily armed. In their | :02:23. | :02:31. | |
sights, two suspects, one no dead, one still on the run. It was late | :02:31. | :02:36. | |
last night when the two men finally broke cover. 19-year-old Dzhokhar | :02:37. | :02:42. | |
Tsarnaev, caught on camera in a 711 shopping Cambridge, near the | :02:42. | :02:43. | |
Massachusetts Institute of Technology campus. He and his | :02:43. | :02:50. | |
brother, Tamerlan, were apparently trying to rob it. Police were | :02:50. | :02:54. | |
alerted to a disturbance. First on the scene, 26 old police officer, | :02:54. | :02:58. | |
Sean Collier. He was shot several times and died in his vehicle. To | :02:58. | :03:03. | |
make their getaway, the two men carjacked at the driver of a | :03:03. | :03:07. | |
Mercedes. Keeping him with him -- with them in the car for half an | :03:07. | :03:12. | |
hour before releasing him unharmed at a gas station in Cambridge. The | :03:12. | :03:17. | |
police gave chase. Following the Mercedes into Watertown. Police say | :03:17. | :03:19. | |
that they were fired at and explosive devices were thrown at | :03:19. | :03:26. | |
them from the car. After midnight, there is more gunfire. More bombs | :03:26. | :03:35. | |
are thrown. Tamerlan Tsarnaev is captured, critically injured. He | :03:35. | :03:41. | |
died later in hospital, while his brother, Dzhokhar Tsarnaev, escaped. | :03:41. | :03:44. | |
Our immediate concern is for those people in the neighbourhood up | :03:44. | :03:48. | |
there. We have an active search going on by tactical teams to locate | :03:48. | :03:52. | |
and apprehend this particular individual. He should be considered | :03:52. | :03:56. | |
armed and dangerous. It is a threat to anybody that might -- he is a | :03:57. | :04:00. | |
threat to anybody that might score -- might approach and some use | :04:00. | :04:03. | |
extreme caution and stay in your homes. So they stayed inside and | :04:03. | :04:12. | |
this is what they saw. This is our garaged right now. -- our garage. | :04:12. | :04:15. | |
What the hell? And they were not necessarily safe in their homes. | :04:15. | :04:20. | |
I've heard someone empty -- something enter my room. I've found | :04:20. | :04:27. | |
at my desk a bullet had gone through my wall. It had gone through the | :04:27. | :04:31. | |
calendar and the back of my chair, and whenever my head would have | :04:31. | :04:36. | |
been, the bullet came to rest at the foot of my bed. Quickly, a picture | :04:36. | :04:40. | |
emerged of the brothers. Both ethnic Chechens who arrived in the United | :04:40. | :04:46. | |
States ten years ago. Tamerlan Tsarnaev was a boxer. In an | :04:46. | :04:48. | |
interview with Boston University Magazine, he said he aspired to | :04:48. | :04:53. | |
fight for the US Olympic boxing team. Yet he also said that he did | :04:53. | :05:01. | |
not have any American friends. He said I don't understand them. On | :05:01. | :05:03. | |
Russia 's equivalent of Facebook, the younger brother described his | :05:03. | :05:09. | |
worldview as Islam, and asked to identify the main thing in his | :05:09. | :05:15. | |
life, he answered, career and money. What did not become any clear online | :05:15. | :05:20. | |
was what was motivating the two men, a mystery to their father even. | :05:20. | :05:24. | |
TRANSLATION: I have confidence in my children. In their innocence. I do | :05:24. | :05:27. | |
not know what happened and how this came about, only that God Almighty | :05:27. | :05:32. | |
and the person that did it know what really happened. The Almighty will | :05:32. | :05:37. | |
punish them for that. In middle and, an uncle was less forgiving. I say, | :05:37. | :05:47. | |
:05:47. | :05:48. | ||
if you are alive, turn yourself in. And Aske for forgiveness from the | :05:48. | :05:58. | |
:05:58. | :05:58. | ||
victims and the injured and from those who are left, ask forgiveness. | :05:59. | :06:08. | |
:06:09. | :06:09. | ||
He has brought shame on our family. He has brought shame on the entire | :06:09. | :06:13. | |
Chechen ethnicity. It is now approaching 20 hours since the | :06:13. | :06:17. | |
manhunt began. But still they do not have their man. Dzhokhar Tsarnaev | :06:17. | :06:21. | |
remains at large, and many in the city Art, Taoist. -- are | :06:21. | :06:28. | |
traumatised. You do not know what is going on. Something is happening in | :06:28. | :06:31. | |
my community, on my street, but did not know what it was. When I've | :06:31. | :06:40. | |
found out, I cannot talk any more. Tonight, details emerged about the | :06:40. | :06:43. | |
family. An aunt in Toronto claimed that Tamerlan had a Christian wife | :06:43. | :06:46. | |
and a young daughter, that had recently become more devout as a | :06:46. | :06:53. | |
Muslim. Our diplomatic editor has just | :06:53. | :06:59. | |
returned from Boston. How has it come to this? We have one dead prime | :06:59. | :07:03. | |
suspect and the other on the run. An extraordinary end to the trauma at | :07:03. | :07:09. | |
the beginning of the week. What was apparent throughout the week was the | :07:09. | :07:11. | |
incredible pressure the authorities were under to show some signs of | :07:11. | :07:18. | |
regress. Also, we had amateur sleuthing going on, people being put | :07:18. | :07:21. | |
in the frame on Twitter, and none of those images turned out to be these | :07:21. | :07:28. | |
brothers. But there was a stampede to try and out who was responsible. | :07:28. | :07:32. | |
Having done so, they may well have triggered this final Rampage, by | :07:32. | :07:37. | |
indicating to the brothers that their identities would be out there | :07:37. | :07:43. | |
very soon, and that they might as well is -- they might as well start | :07:43. | :07:48. | |
if they wanted a final killing spree. And on the -- and an enviable | :07:48. | :07:54. | |
dilemma. We know that a double amputee told them what he looked | :07:54. | :07:57. | |
like. A description.But to put names to them would have taken | :07:57. | :08:02. | |
longer. Tell me what do you think. Possible radicalisation. | :08:02. | :08:07. | |
Essentially, the boys are of Chechen origin. Both university students but | :08:07. | :08:11. | |
the older brother locked -- dropped out. Both very clever. It is | :08:11. | :08:18. | |
curious. It is Columbine meets jihad. We hear about the realisation | :08:18. | :08:23. | |
of the older brother, Tamerlan, and we have seen the comments that he | :08:23. | :08:27. | |
made in the piece to the newspaper report. He does not understand | :08:27. | :08:31. | |
Americans. Alienation commie dropped out of college. Some of these have | :08:31. | :08:33. | |
more in common with the traditional trajectory of some of these people | :08:33. | :08:36. | |
who have gone in killing sprees in the United States more recently and | :08:36. | :08:40. | |
we know that there was that element of radical Islam playing in his | :08:40. | :08:48. | |
life. And where does this leave President Obama? And his relations | :08:48. | :08:52. | |
with Russia? The authorities in the region of Chechnya have been quick | :08:52. | :08:56. | |
to say it is nothing to do with them. From the point of view of the | :08:56. | :08:59. | |
Kremlin, you would like to say that they knew nothing about this in | :08:59. | :09:01. | |
advance and these people were essentially Americans, having been | :09:01. | :09:05. | |
there for years. Intentionally, it offers an opening. If the US wishes | :09:05. | :09:12. | |
to use it, to get closer to the government of Vladimir Putin. The | :09:12. | :09:14. | |
issue of elaboration of terrorism has been a thing which | :09:14. | :09:17. | |
intermittently has allowed them to minimise differences over the past | :09:17. | :09:24. | |
12 years and emphasise commonality of purpose. For now, thank you. If | :09:24. | :09:29. | |
anything develops, we will come back to you. Daisy Khan is the Executive | :09:29. | :09:32. | |
Director of the American Society for Muslim Advancement which tries to | :09:32. | :09:35. | |
foster good relationships between Muslims and other communities. That | :09:35. | :09:39. | |
Leonard is a Professor at the Kennedy School of Government at | :09:39. | :09:42. | |
Harvard University and joins us from Boston. Residents there are being | :09:42. | :09:48. | |
urged to stay indoors. Professor Leonard, you are right next to | :09:48. | :09:54. | |
Watertown. Tell me, the atmosphere, the mood of the people you have been | :09:54. | :10:03. | |
talking today? It is a very sombre mood. It has been a tough week and | :10:03. | :10:09. | |
it is a tough day today. You should know that things in Boston are not | :10:09. | :10:13. | |
completely out of sorts. It is important to understand that the | :10:13. | :10:18. | |
actual lockdown in Boston is over a very wide area, on a voluntary | :10:18. | :10:23. | |
basis. The reasons for that is to reduce the demand for services from | :10:23. | :10:28. | |
police and to allow them to have freedom of movement. The actual area | :10:28. | :10:35. | |
that is affected is relatively small. I am right on the edge of | :10:35. | :10:41. | |
that area right now. In a sense, you made a stand is today because after | :10:41. | :10:48. | |
we -- it is Patriots' Day today and he went out. -- you went out. | :10:48. | :10:54. | |
Today is a special day in Massachusetts. I live in one of the | :10:54. | :11:00. | |
towns in which the Revolutionary War began. In the early morning, we go | :11:00. | :11:06. | |
out for what we call the dawn salute. It is a special ceremony to | :11:06. | :11:08. | |
celebrate the patriotism of the Minutemen who stood their 200 years | :11:08. | :11:13. | |
ago and thought for the liberties that we now have. Which is ironic. | :11:13. | :11:17. | |
It is odd to talk to you about that since it was against the British. | :11:17. | :11:23. | |
Maybe that was a big mistake. In any case, to do so celebrates patriotism | :11:23. | :11:26. | |
and the fight of liberty. It is ironic because what you were doing | :11:26. | :11:33. | |
celebrated freedom. The freedom that everyone has but they do not feel | :11:33. | :11:38. | |
free today. That is right. We are worried about that issue. In many | :11:38. | :11:44. | |
ways, this is the nightmare scenario. We have been worried about | :11:44. | :11:47. | |
this for a long time. People in counterterrorism and crisis | :11:47. | :11:54. | |
management are worried about the domestic, home-grown terror event. | :11:54. | :11:56. | |
It is particularly dangerous because it is particularly difficult to | :11:56. | :12:01. | |
prevent. We are a free and open society and we want to have open | :12:01. | :12:05. | |
access. We want people to be able to come and go. The worry is that | :12:05. | :12:10. | |
people who are illegally here and have all the rights that everyone | :12:10. | :12:15. | |
else has will develop radicalisation and will become, for some reason or | :12:15. | :12:19. | |
other, motivated and develop the intention to cause harm. In a free | :12:19. | :12:25. | |
society, they will be able to find the means to do that for a | :12:25. | :12:31. | |
relatively small-scale event, which is what this was. Let me put this to | :12:31. | :12:37. | |
Daisy Khan. Do you feel that? of all, we are devastated by this | :12:37. | :12:44. | |
event. And the loss of life. Here was a beautiful event where all of | :12:44. | :12:51. | |
humanity came together to celebrate human spirit, and it ends up in a | :12:51. | :12:59. | |
terrible tragedy. Do you think it will have a wider impact on the | :12:59. | :13:03. | |
general Muslim community in America? It has already had an impact. | :13:03. | :13:08. | |
Although the event happened in Boston, we got our share of hateful | :13:08. | :13:13. | |
calls saying, what are you doing about it? There is a backlash but I | :13:13. | :13:19. | |
have to say that our law enforcement and federal agencies have exercised | :13:19. | :13:26. | |
a lot of restraint in the message. I think the general public, although | :13:26. | :13:31. | |
fearful of what might come in the future, the messaging is very | :13:31. | :13:36. | |
tempered. That has had a positive effect on the community because we | :13:36. | :13:41. | |
do not need -- we do not use terms like Islamists. They have not use | :13:41. | :13:47. | |
terms like jihad S. We have been dealing with the actions of | :13:47. | :13:54. | |
terrorists. This is the complaint. Of course, it must be disturbing to | :13:54. | :13:59. | |
talk about these boys, American boys at University, ten years away from | :13:59. | :14:04. | |
Chechnya. Although with strong links. But they were following, on | :14:04. | :14:11. | |
YouTube, it radical preacher who preaches some pretty awful things. | :14:12. | :14:18. | |
Do you go on -- do you go along with the idea that there might have been | :14:18. | :14:20. | |
some radicalisation relatively recently? Is that possible? | :14:20. | :14:26. | |
course, this is the action, not the action of a devout Muslim, but of a | :14:26. | :14:31. | |
twisted psyche. How it got twisted as anybody's guess, but Muslims are | :14:31. | :14:38. | |
very concerned about these radical websites that have grown from 200 to | :14:38. | :14:41. | |
2000 now. We have asked the government to shut them down or | :14:41. | :14:47. | |
tweak them. -- treat them like training grounds. Muslims who wants | :14:47. | :14:52. | |
to counter this are not allowed to go into these websites, so we want | :14:52. | :14:58. | |
to do our share of eliminating terrorists from our community, but | :14:58. | :15:05. | |
we're not allowed to do the job, and How much monitoring is going on do | :15:05. | :15:12. | |
you think? I completely agree with Daisy Khan about this issue. It's | :15:12. | :15:15. | |
really important not to think of this as being Islamic in any way. | :15:15. | :15:18. | |
We don't, first of all, we don't know what the motivations of these | :15:18. | :15:22. | |
people were yets. We don't know enough about who they were. We have | :15:22. | :15:25. | |
to be very careful not to be so curious about this specific ef vent | :15:25. | :15:30. | |
that we assume that all events will be like this. Timothy McHave a was | :15:30. | :15:37. | |
a Christian. He killed -- McVeigh was a Christian and he killed | :15:37. | :15:44. | |
people in Oklahoma City 15 years ago. It's how you deal with | :15:44. | :15:48. | |
radicalism. You deal with it by trying to understand where it's | :15:48. | :15:53. | |
happening and try to prevent it, try to see people who are becoming | :15:53. | :15:56. | |
radical aislesed and see them as individuals not as members of a | :15:56. | :16:00. | |
larger group. The other thing you have to realise is that in a free | :16:01. | :16:05. | |
excite society we want to have open access. We want to continue to have | :16:05. | :16:08. | |
events like marathons. Marathons are particularly difficult to | :16:08. | :16:13. | |
defend. I was in Doha a month ago and talked specifically about this | :16:13. | :16:16. | |
kind of scenario. Marathon which gathers a lot of people, is a great | :16:16. | :16:22. | |
celebration, has a high density of people, has a 55-mile perimeter | :16:22. | :16:26. | |
that's impossible to police all of that all of the time. We are going | :16:26. | :16:29. | |
to have, continue to have vulnerable events. Part of our | :16:29. | :16:31. | |
strategy has to be to look for the individuals who are becoming | :16:31. | :16:35. | |
radicalised and treat them as individuals and to cope with them | :16:35. | :16:38. | |
and try to prevent. But the other side of it is we have to be | :16:38. | :16:43. | |
prepared to take a certain level of risk in our ordinary lives because | :16:43. | :16:49. | |
we don't want to be in lockdown in the way we are today all the time. | :16:49. | :16:52. | |
That means that we have to borrow from your British traditions | :16:52. | :16:56. | |
actually of keeping calm and carrying on, as you did during the | :16:56. | :16:58. | |
Battle of Britain and during the IRA bombings. Thank you both very | :16:58. | :17:03. | |
much. I'm sorry for the delay on the line from Boston. Thank you. | :17:03. | :17:07. | |
A deal between the Government of Mongolia and the mining giant Rio | :17:07. | :17:10. | |
Tinto could transform a country from one of the poorest to one of | :17:10. | :17:14. | |
the richest per Capita in the world. Mongolia, once thought to be cursed | :17:15. | :17:19. | |
by being sandwiched between Russia and China is now in a perfect | :17:19. | :17:25. | |
position to exploit its untapped mineral wealth. Gold, copper, | :17:25. | :17:32. | |
silver, tungsten and the desert has it all. One it's full little | :17:32. | :17:35. | |
operational, it will account for a third of the country's GDP, but a | :17:35. | :17:40. | |
disagreement between the company an the Mongolian government over the | :17:40. | :17:47. | |
mining revenues threatens the operation. | :17:47. | :17:51. | |
For millennia, the only people who have managed to eek a living from | :17:51. | :18:01. | |
:18:01. | :18:01. | ||
the Gobi Desert are nomadic camel herders. Not any more. Soon the | :18:02. | :18:06. | |
Gobi could be generating a substantial income for every single | :18:06. | :18:14. | |
Mongolian thanks to this. It's a new copper mine rising up from the | :18:14. | :18:19. | |
delz ert scrub. It's causing controversy across the country and | :18:19. | :18:27. | |
not just because of the scale of the operation. This is just the | :18:27. | :18:32. | |
beginning. Underneath me is one of the largest untapped mineral | :18:32. | :18:39. | |
reserves in the world. It's a vast body of copper, gold, silver. They | :18:39. | :18:49. | |
:18:49. | :18:49. | ||
say it is the size of the island of Manhattan. The Anglo-Australian | :18:49. | :18:54. | |
mining giant Rio Tinto has spent �4 billion on the mine so far and | :18:54. | :19:01. | |
expects to spend a few billion more to get this place fully operational. | :19:01. | :19:11. | |
:19:11. | :19:12. | ||
We have... This is a former yak herder who is turned geophys sifts. | :19:12. | :19:16. | |
He's now vice-president of the mine. He was part of the team that first | :19:16. | :19:19. | |
discovered the vast deposit. It was very exciting. It became more and | :19:19. | :19:25. | |
more bigger and bigger. We're talking about 30 million tons of | :19:25. | :19:30. | |
copper and more than a thousand ton gold. The revenue figures are | :19:30. | :19:34. | |
pretty striking too. The mine is expected to generate more than �5 | :19:35. | :19:41. | |
billion a year every year for the next 40 or 50 years. One third of | :19:41. | :19:46. | |
the GDP will be from this mine. Hold on a second, one third of the | :19:46. | :19:52. | |
entire country's GDP? Yeah.From this one, single mine? But these | :19:53. | :19:58. | |
are early days. Oyu Tolgoi produced its first copper, this modest mound | :19:58. | :20:05. | |
of powder, during my visit earlier this year. The prospect of the | :20:05. | :20:10. | |
profits from this place are already helping power and extraordinary | :20:10. | :20:14. | |
economic boom in what was, until recently, one of the poorest | :20:14. | :20:19. | |
countries in the worl. -- world. They've taken down the Statue of | :20:19. | :20:24. | |
Lenin that used to stand here. For 70 years Mongolia was a rock solid | :20:24. | :20:29. | |
sal lite of the Soviet Union and the Communist Party that used to | :20:29. | :20:32. | |
run it was based right here. If you want to see how this country is | :20:32. | :20:37. | |
changing, just take a look at its new neighbour. | :20:37. | :20:44. | |
A mall packed with the world's most exclusive and expensive brand names. | :20:44. | :20:48. | |
Just across the square is other evidence that the Mongolian boom is | :20:48. | :20:56. | |
not all it seems. They are off. Trading has opened on the Mongolian | :20:56. | :21:02. | |
Stock Exchange, but this place is not exactly Wall Street. The | :21:02. | :21:06. | |
Mongolian Stock Exchange is supposed to be driving the nation's | :21:06. | :21:10. | |
new capitalist economy. It has grown rapidly, but it is still one | :21:10. | :21:16. | |
of the smallest exchanges in the worldment -- world. This stock | :21:16. | :21:20. | |
market thing is quite a new thing in the country, but so far, there's | :21:20. | :21:25. | |
been only exploration, construction and development projects. There | :21:25. | :21:29. | |
hasn't been yet any production or mining started yet. With the start | :21:29. | :21:32. | |
of mining, with the start of production of all those, the real | :21:32. | :21:42. | |
:21:42. | :21:43. | ||
boom will take place. But that boom is desperately needed because of | :21:43. | :21:49. | |
the deepening poverty elsewhere in Mongolia. It isn't just economics | :21:49. | :21:53. | |
that's reshaping the country, local people say the climate is changing | :21:53. | :21:59. | |
too. Mongolia has always suffered the | :21:59. | :22:02. | |
occasional extreme winter. They call them zuds here. They are | :22:02. | :22:06. | |
becoming more frequent and they're helping drive a great exodus from | :22:06. | :22:14. | |
Mongolia's countryside. This migration to the city | :22:14. | :22:19. | |
represents an incredible change in Mongolian society. They call this | :22:19. | :22:22. | |
place the Ger district after the traditional round tents the nomads | :22:22. | :22:32. | |
:22:32. | :22:36. | ||
use. Once the morning smog clears, you get a sense of its real scale. | :22:36. | :22:41. | |
A quarter of of the entire Mongolian population has given up | :22:41. | :22:46. | |
its traditional herding lifestyle and set up their gers in this | :22:46. | :22:55. | |
sprawling shanty town. This story is typical. They were nomadic | :22:55. | :23:05. | |
:23:05. | :23:18. | ||
herders until disaster struck, a Millions of animals have died in a | :23:18. | :23:24. | |
series of these zuds over the last few years. For Samma and other | :23:24. | :23:34. | |
:23:34. | :24:00. | ||
herders, it meant the end of their But they haven't lost touch with | :24:00. | :24:08. | |
their roots. They've invited me to a concerts of Mongolian folk music | :24:08. | :24:16. | |
in town. But it is the mineral boom that's | :24:16. | :24:26. | |
preoccupying some of Mongolia's other musicians. G is a rapper who | :24:26. | :24:30. | |
is sceptical about the benefits of opening Mongolia to foreign mining | :24:30. | :24:40. | |
:24:40. | :25:00. | ||
Most Monday goalians would disagree with you. They'd say they -- most | :25:00. | :25:03. | |
Mongolians would disagree with you. They want the things the resources | :25:03. | :25:13. | |
:25:13. | :25:15. | ||
can bring. People in the Ger I'm from the Ger district. You are? | :25:15. | :25:21. | |
Yes. It's my hood. I'm from the Ger district. That may be so, but the | :25:21. | :25:26. | |
fact is a third of Mongolian families still live below the | :25:26. | :25:32. | |
poverty line. The shanty towns have no sanitation, no formal | :25:32. | :25:41. | |
electricity grid and few roads, other than dirt tracks. Just before | :25:41. | :25:46. | |
the general election last year, politicians bowed to the pressure | :25:46. | :25:50. | |
to spend, awarding every Mongolian adult a one-off payment worth | :25:50. | :26:00. | |
:26:00. | :26:08. | ||
hundreds of pounds. What due spend Do you think that's the right way | :26:08. | :26:12. | |
fortd Government -- government to use -- for the government to use | :26:12. | :26:22. | |
:26:22. | :26:37. | ||
the money from Mongolia's mineral The payment also made the investors | :26:37. | :26:40. | |
in Mongolia's mining industry anxious. The money came from | :26:40. | :26:45. | |
another mine in the Gobi, a vast coal mine. It helped create a cash | :26:45. | :26:49. | |
crisis that led to a temporary shut down and now, the government has | :26:49. | :26:58. | |
Mongolia's biggest mine in its sites. It is chilli today, minus 27. | :26:58. | :27:03. | |
This wedding cake of a building is the Mongolian Parliament and | :27:03. | :27:07. | |
Presidential Palace and the current government looks set to bow to the | :27:07. | :27:11. | |
temptation to spend the profits of Mongolia's mineral wealth today. | :27:11. | :27:16. | |
It's written a couple of hundred million dollars of extra income | :27:16. | :27:20. | |
from Oyu Tolgoi into this year's budget, income that depends on a | :27:20. | :27:25. | |
renegotiation of the contract with Rio Tinto, a renegotiation that | :27:25. | :27:29. | |
hasn't taken place. Where does the new Mongolian | :27:29. | :27:34. | |
President think that money is going to come from? I think we are now | :27:35. | :27:41. | |
going to negotiate that. And our government doing that. Is that a | :27:41. | :27:45. | |
renegotiation of the contract? never said that from our government | :27:46. | :27:52. | |
and from myself, you know, we never say that re-open or renegotiate. | :27:52. | :27:57. | |
You say you want hundreds of millions of dollars more from Rio | :27:57. | :28:03. | |
Tinto. That say change, isn't it? No, no, no. That's not changing the | :28:03. | :28:06. | |
contract. Of course viewed from Rio Tinto's London headquarters the | :28:06. | :28:10. | |
perspective is very different. a good project. It's good for | :28:10. | :28:17. | |
Mongolia. It's good for Rio Tinto. What I need to ensure is that our | :28:17. | :28:21. | |
shareholders are protected. Certainly we're in discussions with | :28:21. | :28:26. | |
the government of Mongolia, but importantly, they need to recognise | :28:26. | :28:32. | |
that this is a major project. It will be 30% of the country's GDP. | :28:32. | :28:36. | |
Speaking on behalf of Rio Tinto, and in fact commenting on behalf of | :28:36. | :28:41. | |
other people investing in Mongolia or potentially investing, certainty | :28:41. | :28:46. | |
is critical when you're bringing on projects of this scale. | :28:46. | :28:49. | |
implication is clear - when you're investing billions, you don't take | :28:50. | :28:54. | |
it kindly if the government changes the rules halfway through. Isn't | :28:54. | :28:58. | |
there a dainker that Mongolia gets a reputation for being -- danger | :28:58. | :29:02. | |
that Mongolia gets a reputation for being unreliable? You know Mongolia | :29:02. | :29:12. | |
:29:12. | :29:29. | ||
is not a lawless country. Change Why are you asking the government | :29:29. | :29:36. | |
not to address those issues? should be no surprise that | :29:37. | :29:43. | |
Mongolians are demanding a proper account of their giant new mine. | :29:43. | :29:48. | |
But this is a dangerous game. Mongolia needs partners like Rio | :29:48. | :29:51. | |
Tinto if it's to exploit its mineral wealth and if it starts to | :29:51. | :29:55. | |
break contracts and demand extra cash, it may find the big mining | :29:55. | :30:05. | |
:30:05. | :30:33. | ||
The danger is if the government misjudges its hand, the Mongolian | :30:33. | :30:40. | |
mineral boom could disappear back into the desert sands. | :30:40. | :30:44. | |
Tomorrow morning's front pages. Of course everything is dominated by | :30:44. | :30:49. | |
that search for the prime suspect in the Boston bombings. The Daily | :30:49. | :30:55. | |
Telegraph - a city in the grip of terror. Then a picture of Margaret | :30:55. | :31:01. | |
Thatcher's first boyfriend from the dra goon guards. The guardian next. | :31:01. | :31:06. | |
Police probe brothers' links to Chechnya. Massive manhunt sees the | :31:06. | :31:10. | |
city in lockdown. The Independent - a series of pictures and swat teams | :31:10. | :31:15. | |
go door to door in search of suspects. | :31:16. | :31:20. | |
Boston lockdown in hunts for the bomber says the Financial Times. | :31:20. | :31:24. | |
Bad day for -- bad week for Osborne at the bottom there. | :31:24. | :31:28. | |
A different story in the Daily Mail - the news the Duchess of Cambridge | :31:28. | :31:32. | |
will move in with her mum for six weeks after baby is born, rather | :31:32. | :31:36. | |
than having a maternity nurse. On the right side, Rolf's lawyers try | :31:36. | :31:40. |