tv [untitled] August 1, 2011 9:00am-9:30am EDT
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in india all she's available is the movie goer to enjoy be her children's movie that's a good way to go to the grand imperial should george weston to school until you can the essential closure which are its ability to go and clear rather since the colonel was a child as a retreat. damage adult on a washington announces a deal to raise the debt ceiling and of the default critics say the move something to solve america's problems on its reputation is going down the drain. if you ask around the easy step out there push for sanctions against the syrian government's alker crackdown on protesters reportedly left more than a hundred people dead the boss case says a modern city the start of the country's conflict is unacceptable. best friends of his and he held a rally the stonier all being found in other countries staring fears of revived
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knox's in india rebel. kind of deadly tornado hits a russian city for the past time every day injuring dozens of weekend widespread happen. plus own business oil prices are only the rise as washington reaches a last minute deal to escape a debt default or have all the details for you on that and twenty minutes. are very welcome to you this is all see live from moscow now after weeks of stalemate and political wrangling american lawmakers of all enemies struck a deal to raise the country's debt ceiling and of lead potentially devastating default however the can still needs congress and from people with votes in both houses expected late summer monday. of the hard won compromise what american
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borrowing continued in exchange for more than two trillion dollars in cuts over the next decade the agreement was reached after president obama's last ditch efforts to sway democrats and republicans to set aside their differences the u.s. could send raechel throughout the world economy it's fourteen point three trillion dollars debt limit isn't raised by chinese day but as we're in a point now i reports the bumpy road to the eleventh hour consensus has already dealt a severe blow to america's reputation and its investors. will help us avoid default debt ceiling nation default and this crisis time's running out the entire world is watching it's been a public spectacle filled with bickering grandstanding and rock of compromise i devise a debate over raising the u.s. debt ceiling created an unprecedented climate of uncertainty over america's so-called sound economy the damage been done but what happens now everybody really
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thinks the united states isn't so secure it isn't so safe even if the craziness subsides it seems to have gotten real close and who knows whether the next month next year this war blow up again since the underlying causes economic problems are getting worse in this country four point five trillion dollars of america's borrowing is owed by foreign countries experts say washington's mismanagement may cause investors to abandon the devalued dollar and end their partnership with america it's like being married to someone. if they weren't sure you want to know what'll i do how much can i put up with this relationship the u.s. will be. the only game in the european community is making noises chinese making noises well you know we're alone now in our ability to be. seen in the world and the results could spark or reap. play of the two thousand and eight at
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the nomic meltdown except this time washington not wall street would be responsible for the first time in history our country's aaa credit rating would be downgraded leaving investors around the world to wonder whether the united states is still a good bet. the interest rates would skyrocket on credit cards on mortgages and on the problems which amounts to a huge tax hike on the american people as the countdown neared zero all three big reading giants moody's fitch and standard and poor's threatened america's how load triple a score unless a deal was hammered out and that fourteen point three trillion dollar debt getting higher economists say america's unsustainable budget deficits are the biggest threat to the nation it's like the batteries where our smartphones downward the tires are flat all of this is what we're trying to do is say we've got a little bit of money in the bank let's pay that debt down but we're not doing anything to fix the economy and so we're putting ourselves in
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a bigger and bigger hole not just because of the dad but really because we're not creating any way to get out of the debt instead of the u.s. president repeatedly asked americans over the past week to join a campaign to borrow and spend more make a phone call send an e-mail tweet keep the pressure on washington and we can get this all the eyes of the world have been following the heated psagot playing out between u.s. politicians the main problem not going away is america's debt and the growing realisation that elected officials may never be capable of agreeing on how to solve it. r.t. new york. while the current compromise can just in time to avert catastrophe at speed it might not be enough to persuade rating agencies to let america keep its track on a credit score a downgrade would severely humper recovery prospects and some analysts believe the
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us economy is headed towards an in evitable come out of. the army is that eighty percent of the spending in the mandatory spending already now exceeds the tax revenue so even if they tried to cut the budget for the expenditure they would often be forced because the montefiore the convos really spending obligations which the u.s. government can't bear down on exceed the cost of a new source on all the other the u.s. government would have to default on its obligation in the worst lose a lot of all of this i think is the u.s. dollar the u.s. doesn't deserve our aaa credit rating it is a joke if you look at this finances of the u.s. the federal debt now accounts for roughly ninety six percent of g.d.p. and as far as i can see there is no way this that's going to come down and the u.s. has no business getting a aaa rating and when other people come to the same conclusion as i do then i think there could be a rotten in the bond market and as mr obama was alluding to earlier we could see
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seriously higher interest rates and a serious weakness in the u.s. dollar which is obviously very bullish for commodities and precious metals such as gold and silver but the plan to reduce the deficit will come to stages the first involves around nine hundred billion dollars in spending cuts of a second needed saving for one and a half a trillion a congressional committee has yet to decide where these will be implemented now both chief economist and best known in green car capital says the measures that will help many people in the u.s. going to solve the underlying debt machine. this whole crisis started as an opportunity of political theater these guys couldn't even choreograph success out of their fake crisis and so now we have a huge international failure which has already gone possibly lasting and certainly serious damage to the standing and reputation of the united states of america hasn't much been mentioned that not a single plant out there reduces the national debt they just change the speed at
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which it grows all the showdown all this fanfare is about changing the exact forecast ten years speed of debt growth none of these plans make real efforts to reduce the long term problem of insufficient revenue and these plans do reduce spending in ways that will be painful and for many communities in the united states transformative but that will only reshift focus on to the more important long term issues of the absolute in sustainability of being committed which we are committed to having insufficient revenue for the amount of spending that we're going to be doing for the forseeable future having a fourteen point three trillion dollars national debt this process itself has and continues to hurt the faith and credit the world has had the united states the united states has the kind of budget imbalance that normally does occasion a downgrade we do have a particular set of opportunities in the united states not available to countries which is a good reason not to downgrade and that is we can print the world's global reserve
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currency not without defacing and devaluing that currency but we can print it so the united states borrows in dollars and has the sole unique legal right to pay things and produce dollars which is eniac situation and makes us more credit worthy a downgrade which i think is quite possible and the sheer spectacular public failure of the american political system will take a while to figure out but they will not be minor and they will not be positive so people know the statutory debt limit of the united states has been raised ninety times since one nine hundred forty that's an average of one point three to one point. times a year every single year there's another funny thing that no one seems to mention about the debt ceiling which i find interesting and something of an economic historian and that is that the debt ceiling came into being in one nine hundred seventeen because people in the united states were afraid that congress would enter world war one the looming car like that it's ok and the idea was to make sure they got our government the united states government didn't address in two wars without
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being sure they could pay for them and they are being mindful mark to increase the national debt a lesson that i think we were prudent to be concerned with them eight hundred seventeen someone failed to remind us of but as we went into afghanistan and iraq there's actually a very interesting historical story around the debt ceiling or a statutory deadline which i've noticed hasn't been much told of late. and watch the full interview with. fog of war on our web site r.t. dot com here's a quick taste of what's ahead for you at this hour in the program moscow's old architectural gems are getting a new life and turned into money traps targeting immigrants pays a visit soon covered the details. and we dramatic pictures of a destructive whirlwind tour three branches of the far east calls the whole destruction. several naysay states the threatening action against syria that designed witnesses report that country's security forces have
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a new terror attack on the city of hama more than a hundred people have been killed on sunday when government tanks forced their way into the opposition stronghold russia has condemned the violence in syria calling on both sides the government and opposition to abstain from retired t. and that i'd buy them all meanwhile germany is calling for one another is that the u.s. security council with the e.u. imposing more sanctions on damascus but some are mocked are going to the arab lawyers association says western countries don't. how critical this movement over a series of paths. the interference of the outside world in my view can be counterproductive unless it is down properly rather than just making these wild statements like for instance the usa would decide whether the president of syria has next in the sea or not everybody is asking what right do the americans have to
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put this question anyway let alone deciding it but they seem to be doing this like to leave their benefit with syria and libya but by the same down they have not done it with yemen they have not done it with other places where there is uprising including for instance when president obama says what he say everybody in syria and then out of world will immediately respond back up by one kind of move. by the rest of the afghanistan situation all of these things so dreams hello and it doesn't give any comfort generally speaking the world seems to be content with condemning and making these wild crazy statements when i would say you know the regime is less than it or not or whether it should be it's using use of force the world can play at all but i think at the present moment it's not playing the cards. poses any un resolution against the nats this warning that such a step could lead to a libya. where the nato operations used to be exceeding its mandate russia's
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calling for dialogue provide a solution to syria's internal political. but when we realize this is really is going through a very difficult stage of development similar to few other countries in the region really journal civil conflict brigade between the government and part of society political social and economic problems and arguably to both in terms of numbers and complexity and we think the best way to deal with these problems is a mission where dialogue brings crucial political social and economic reforms we support all efforts aimed at launching promoting substantiative dialogue between the governments around the opposition we adhere to the notion that both parties should abstain from violence the syrian government and president assad he delivered a number of statements on the reform plan we insisted it should be implemented step by step in a consistent manner promptly and efficiently we also call on the syrian government to keep their promises and live up to the hopes and aspirations of the people.
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or you can see that with russia's deputy foreign minister in the fall and next our hair. all serious serious and situation these many wondering how the crisis night be resolved to share your opinion with our website and call your own view also the majority if you just want to stay away from serious problems altogether over thirty percent say the dialogue between the two sides when you add those is helping the opposition to kick it out and there's at least support for more radical measures like bombing the country into the mall to see if you have a value as they had to go to r.t. dot com as a cost of gold bags. better in that head is a lead to troops he fought against the soviet army in world war two have traveled from around europe to hold their annual rally. stonier former members of the nazi baton s.s. trust. fund is a freedom we're joined by neo nazi groups in the country and as artists arafat's
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reports its feared and stern is the core vacation of dolls in this fading dangerous far right movements right across europe. here near spain in town the cinema at that annoying thing forty four is a scene of fierce fighting between status soldiers and yes this is where here by the monument to commemorate the save its soldiers that died in that fight less than a mile away it was also the scene of big gathering of veterans of the stay near weapon at the scene of a widespread criticism of the poor of fighting naziism. former soldiers laugh this off or on parade but. it's something the moment you don't think about. people. but for. country and most of year it these kind of events abound and although we both know
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we're going to hear it in a stone year it's a different story altogether. it's common and stronger to call these people freedom fighters we hold or protest rallies on the stream do you hold this event. you are given allegiance to hitler. and you have never liberated and moreover money of them are engaged in one of them are moral or some hard to solve crimes committed by nazi germany. in fact in recent years he is still in you know thirteen and made it increasingly difficult for those who come to oppose the events this year once again members of the anti precious movement but attained a buddha and pulled over by the police because we were traveling in was also a stop for questioning on the way in i was stopped and i was told i have an entropy vision for the country and of course they would want to give me kind of other opinions than their own opinion which is very very much supporting the basis
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of the revival of the far right across europe his cause you're going concern but you're right party. gaining ground in countries like austria finland and france the third is sluice are by far right extremists and is brave it can always recently is just how dangerous these remain i think this is a problem of. extremism for right wing extremism and the fact the authorities. calls calls the yards. of this believe say far failed to take decisive action to stop nazi commemorations within its borders bush's kish the international legislation to condemn the glorification of wartime fascism but events like the one in a stadium make it glaringly clear that not all countries are on board critics of this events argue that the gathering provides a four and
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a dangerous near fascist state did is the government's failure to ban it is seen at the very least as being morally and politically insensitive. r.c. stayner. well there's a lot more if you on our website and you talk on that he says the taste is almost always you can find online right now an innocent american by jailbird prime trumped up by his wife and her boyfriend because he gets the last long so long with fifteen million dollars of station. france is done all the leo tolstoy merest been were participants will be reading out loud from war and peace all one thousand seven hundred pages of it all bases health and more i partnered up. now or some other international headlines as our twenty five libyan refugees have been found dead on a boat which they used to sail to the italian island of lampedusa two officials say
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the men were found in the engine room where they were choked by themes the boat arrived after a street a voyage from libya carrying it two hundred ninety six people from sub-saharan africa that's the latest in a wave of arrivals since the civil war began four months ago italian authorities are investigating the case. a fight is that we killed in libya after rebels clashed with colonel gadhafi loyalists in the opposition stronghold city of benghazi the fighting started when rebels rounded up a group they suspected of murdering a military chief and having links to the well the military commander and libya's of film interior minister yunus was assassinated last week over two thousand people have died in the violence since the civil war began four months ago. this is voted leader of one of mexico's most notorious drug cartels admitted to the murders of fifteen hundred people the thirty three year old man known as the go
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was arrested following a gun battle with police on a friday he's accused of being the head of a gang of five killers and corrupt and force meant officers working for. a major crime ring with a canceled controls and survivor legal drugs smuggled from syria the wire same to the united states. the case news that just in now here we are seeing we're getting reports of clashes between security forces and processed is in a cairo tens of thousands of the edge of holding a mass rally of demands as stemming from the popular uprising loans for three thousand former president hosni mubarak all for more on that let's cross live our smart omen professor of modern history at all it's that university in the u.k. that aren't many times to being with us here on r.t. so what is it is force people back onto the streets in tahrir square.
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well it's really on the reason for the demonstration there in two main characters one is the secular opposition who are unhappy with which are in this and are in february they were the military government in practice is a continuation of their old regime are all shorts and they want to have not been down there and was granted an impulse of the muslim brotherhood and other islamic groups who were protesting last week and. hoary more are religiously oriented in. one place trying to. lower tensions with our local shopkeepers local businesses and now there are some real with the continuation of demonstrations after months of people that are very very useful there economically a little linda who the people who had problems. with lots of different strands of disaffection people aren't happy with the pace of change and people are unhappy
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with the change they're seeing is there a danger that we could see a new revolution taking place in egypt. who is normally conceived attempt to clear the square and may well. protest more on. well you know your grandmother well hand it also may be a sign that the government wants to you. as a mom carma situation before we're supposed to have elections in an in eight weeks time. but of course more protests we could see as we've seen in other parts of our world the expectation that in the evening after the end of fasting people will just break there for a little and demonstrate we could see the government and what this would be an opportunity to correct some support from people who feel they've had enough demonstrations in cairo but you have a kind of weariness of demonstrations but of course there are many things of the field of if they stop demonstrating been. shown could also die a massive amount of damage there is the timing of all of this important are people seizing on this is
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a chance to galvanize the crowds and perhaps even more violence take take. i think there are those who hope. you can be using the holiday right at the end of each day combined also perhaps with the religious influence to really go out on the streets not just in the center of cairo but elsewhere that may be why leave the government wants to back home it was a beginning of a moment in order to stop them astray chanst and perhaps to say we have some local people local businesses of their own who don't like constance ruction africans on course for demonstrations who's a real danger that you could have a serious different interest groups as well as government and protesters are right in the past mark harmon. from oxford university in the u.k. my being with us here on r.t. . ok that's the way the news that says our world one final story feeding us is all this buildings have become home to dozens of illegal immigrants desperate crowds fought for the russian capital seeking jobs or better
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living conditions will fall prey to city officials cash in with scams that charge high rents the local additions are doing the best gaiters looking into the exploitation racket. at first glance it looks like increase of illegal immigrants squatting in a former architectural gem. this used to be part of the moscow conservatory. this building here in the center of moscow was formally empty we heard but now there are many immigrants living here in very poor conditions are illegally right in the center of the city. but they would perhaps have gone unnoticed if it weren't for the fuss raised by the quiet center a group of local residents wanting the migrants off their doorstep it was a recent weeks it's good for you to live in crowded conditions who knows what diseases they may have many of them don't work where they get money to eat meat stealing or committing other crimes that's of course when you go and his fellow
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activists call the authorities and the next day we return with officers of the federal migration service. the migrants who do it because soon wish they hadn't used natural course they might cure you king ridiculous place for what and just to give you just in case do you live here most are too scared to talk to us but what we do learn points to a far larger and more shocking story they aren't squatting they're being charged rent. a man comes to pick up the money from everyone living here i only know his face not his name stop filming me so if we go into one of these rooms this room here as you can see it has one two three four five six beds who knows how many people have to sleep in this room and if we come on to this room here there's two beds possibly more in here that lady doesn't want to talk to as each of the people
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that are sleeping in these rooms pay three thousand roubles every month to do that as the migrants are led outside the questioning changes from what are you doing here to who is keeping you here eventually one of the group quite center provides an answer so when you place a problem you can assist the local housing community it happens all. over moscow is unemployed and of an illegal immigrants they are forced to believe seen old in abandoned buildings if they can see their phone out and what about the legality of this. the local housing community in terms of their earnings with the city council and a district police inspector because it's impossible without their consent but when we took these allegations to the federal migration service did meet it wasn't the migrants fault they wanted someone to live in the moscow central district government was even more damning confirming our suspicions and admitting the rot goes deep inside the housing administration that's clear the only did it in order
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so that it really were proceeding should be initiated and the kids should be in this to get into control court or else other officials abusing their job positions will worsen the habit of looting jalopy that it holds us to legal migrants deals for investigation revealed just a small plant of the scheme to charge illegal rents of hundreds of sites across moscow to people in a desperate position and by providing false hope of a place to live they're only going to encourage more misery for residents and migrants alike from bottom party and another one victim killed by a destructive twisters it swept through russia's far reste twenty eight others were injured by a huge wall when the natural phenomenon can be rare for the region for the whole country but only to tour through the center of the city tearing rooftops and balconies from over one hundred buildings i was having chunks pushing trees and ripping out power lines it weighs only for
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a few minutes eyewitnesses reported that it calls incredible damage both roads have now been cleared but hundreds of homes are still without electricity and more dramatic pictures like this to go through our website are tied up on. thank you that's why the news isn't sour hey on our t.s.a. go away they ought not to recap our top stories in just a few minutes. hungry
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for the full story we've got it firsthand the biggest issues get the human voice face to face with the news makers. in india all g.'s of a the buildings the grand central shirts in mumbai the taj mahal in the us among buying polish president combining the shorter base which results from mono beatriz's public clothes are going to go on taj mahal hotel carriages the cement her china foolish kind of soto crawled closer in the ridea to lead them to judge the hotel's church in new delhi who took him over maybe her tones here in collections among the clothes of the amazons maidens hotel and the leela pagosa luisa medicine shift he was conscious of.
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