Macro advisory in moscow. He said the situation for the russian currency is unique. You should not be looking at it in the same way as if there was a slide in a normally functioning economy or a european economy. The rouble is entirely managed now by the central bank in conjunction with the Finance Ministry, and has been since we last saw the rouble collapse down to about 130 in march of last year. So the Central Banks priority last year was to keep the Rouble Exchange rate high at around 60, because it was tackling inflation, but this year, because of the sanctions impact and because that has led to a big hit on the value of russias oil exports in particular, they have devalued the rouble in order to compensate for that fall in dollar terms. In other words, weaker rouble translating dollars into a higher rouble amount to balance the budget. Thats been the priority this year. It doesnt reflect an imminent crisis. Sort of a broad collapse in the economy. Its the result of the central Ba
For the last two years, frontline has watched what looked like a revolution. protestors shouting from a dictatorship to democratic elections. Dr. Mohamed morsi. Dr. Mohamed morsi. Unfortunately, he was no mandela. From the overthrow of a new president. They were chanting against morsi, they were chanting against the Muslim Brotherhood, and some people were chanting for the military. To the military taking control. What happened to egypts revolution . Was the military responding to the will of the people or making this all happen . And what will come next . With sisi, we have something much more ominous, much more dangerous. Global posts charles sennt reports for frontline. We got to really go this way. Come on. On egypt in crisis. Frontline is made possible by contributions to your pbs station from and by the corporation for public broadcasting. Major support for frontline is provided by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant, and
For the last two years, frontline has watched what looked like a revolution. protestors shouting from a dictatorship to democratic elections. Dr. Mohamed morsi. Dr. Mohamed morsi. Unfortunately, he was no mandela. From the overthrow of a new president. They were chanting against morsi, they were chanting against the Muslim Brotherhood, and some people were chanting for the military. To the military taking control. What happened to egypts revolution . Was the military responding to the will of the people or making this all happen . And what will come next . With sisi, we have something much more ominous, much more dangerous. Global posts charles sennt reports for frontline. We got to really go this way. Come on. On egypt in crisis. Frontline is made possible by contributions to your pbs station from and by the corporation for public broadcasting. Major support for frontline is provided by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant, and
Gof a person is gay and seeks ere lord and has good will, who am i to judge that person . Thats a fairly unremarkable statement these days, except the who who said it was the new catholic pope, francis, whose church has always held that homosexual acts are a sin. Our Dean Reynolds was in brazil razing the popes visit and he has our report. Reporter for a pope who spent a week in brazil embracing the multitudes, his words in an s Minute Press Conference on board his flight home showed the length and limits of his expansiveness. Asked specifically about the resence of a gay lobby in the vatican, francis said he knew nothing of it but broadened his nnswer to gays in general with a compassionate and potentially controversial position. Gf a person is gay and seeks the lord and has good will, who am i to judge that person . He said. The problem is not that one has this tendency. No, we must be brothers. I dont think gay people in elteral have felt loved in this ime. Ch for a long time. So to
With scott pelley. Pelley good evening, for days, egypts military warned supporters of the ousted president Mohamed Morsi to end their sitins. The crackdown came today. It was bloodbath. Riot police and soldiers stormed encampments in cairo and other cities. By the governments count at least 278 were killed. Again, that is the armys version of the death toll. To us, this picture seemed to is up the military coup that began in july an army bulldozer shredding a poster of morsi who was the first and only freely elected president of egypt. Vice president mohammed al bare day, the winner of the nobel peace prize, quit in protest today. The white house condemned the violence. Egypt has, of course, but a key u. S. Ally and a partner in piece with israel. We have a team of correspondents covering this story beginning with Charlie Dagata in cairo. Charlie . Reporter scott, today, quite frankly, the streets of cairo looked like a war zone, and if anything, security is clamping down even tighter