in india aussies available in the movie the joint people to the a movie that's the case we go to the grand imperial trilogy the george west coast coromandel new china with little socialist good to see don't need to go publicly and understand the colonel was totally as used to retreat. like salt see damage done washington announces a deal to raise the debt ceiling in a verb to fold but critics say the move doesn't solve america's problems and its reputation is going down the drain. the u.s. and the e.u. step of their push for more sanctions against syria after a crackdown on protesters reportedly left more than one hundred people dead moscow says violence on either side of the country's conflict is unacceptable. egypt's own fire again as troops in colorado clash with demonstrators demanding faster change after failure is revolution. and a deadly tornado it's

a russian city for the first time ever injuring dozens and wreaking widespread have . hello it's a pm monday night here in moscow you're watching r t with me kevin now in our top story u.s. lawmakers are gearing up to vote later monday on an emergency deal to raise the country's debt ceiling and avoid potentially devastating to thought it was finally struck after weeks of stalemate and political wrangling between democrats and republicans the hard won compromise will let american borrowing continue in exchange for a little than two trillion dollars in cuts over the next decade the green was reached after president obama's last ditch efforts to persuade both parties to set aside their differences the u.s. could send ripples throughout the world fragile economy if its fourteen point three trillion dollars debt limit isn't raised by tuesday but isn't important i have

found out next month he rose to an eleventh hour consensus as a ready to offer a severe blow to america's reputation in the eyes of its investors. and that we will help us avoid the fall 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 lack of compromise i divisive 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 by what happens now everybody really 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 will walk again since the underlying causes economic problems 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 is like being married to someone decide. they were jerks you well know what or why do how much can i put up with this relationship the u.s. will be in for the only game in. the. making noises chinese making noises you know we're alone now in our ability to be a repository of refining in the world the results could spark a replay of the two thousand and eight economic 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. interest rates would skyrocket on credit cards on mortgages and on core

loans which amounts to a huge tax hike on the american people as they count down near zero all three big rating giants movies hitch and standard and poor's threatened america's hallowed triple. a school 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 threats to the nation it's like the batteries we're now in this part. of this and so what we're trying to do is say we've got a little bit of money in the bank let's say that but we're not doing anything to fix the economy and so we're putting ourselves in a bigger and bigger hole not just because of the dad but really because we're creating any way to get out of the debt instead of the u.s. president repeatedly asked americans over the past week or two during the campaign to borrow and spend more. than e-mail tweet keep the pressure on washington

and we can go first while the eyes of the world have been following the heated saga 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. city was a financial journalist and editor of your money konami publication with very early bird let's talk to no show really hi there thank you being on the program so normally because of how we know this last minute deals have put the first vote in congress. for all the u.s. economy's color of bills or they just delaying the inevitable do you think. definitely the latter the inevitability of that system that has been hoisted on americans in the rest of the world is something that sooner or later is going to have to be realized and the price will be paid this sort of

a charade that we've witnessed over the past month and a half or so is this debate is heated up in the name stream media has continually bombarded people with fear especially the pensioners and their and the retirees that you know the checks will be in the mail all this is is a distraction meant it's meant to get people on the telephones and tweeting as obama wants and through to the local politicians and try to get them to have a base for continuing this this circumspect circumspect circumspect system we do not have any means at this moment kind of getting out of bed as long as the people who are running the political structure of america and the central bank of america continue to believe that you can print money as a way to get out of a crisis which is completely existence because of the fact that they've been doing that all along to begin with and you know this this isn't anything more than a band-aid and it's like story alcohol down the throat of a drunken expecting him to become sober it doesn't work it will never work and so he will talk about the broader picture the middle and they do what happens if all goes wrong let's focus and even if washington does manage to avoid to fold this

time around as this very public political stalemate in pickering already used investors trust in the u.s. . i look at it a different way kevin i look at it hopefully it's opened up people's eyes so they can see in front of them the crisis that is that is seriously looming into into a real serious situation what we've had so far is just a warm up act and if people are paying attention then that means people will be able to take individual steps to to avoid the calamity that is in front of us this is no laughing matter any longer and people can no longer just turn a blind eye to the amount of debt that's been artificially created and the disastrous effects that are coming home to roost the entitlements need to be split slashed and military spending overseas has got to stop america has to rein it in and people have to get down to reality and realize that unless they do the whole thing is just going to be one great big debt balloon that's going to explode over america creating the worst financial hurricane of the world has ever seen so i want

you to paint a picture for me now what if it doesn't get through want to an agreement isn't reached before the deadline what it will it will it will be reached and i don't think there's any shop it won't be they've got all the ammunition they need now on both sides of the aisle to act like they usually do which is as one one aisle. dialectic as well in play here and this is just been a charade that it's going to go through so i don't think there's much point in talking about is ok fair enough is there a danger that america's might lose its aaa credit school. they should have lost a long ago this whole aaa credit rating score and that you know the risk free trader eases people like to refer to them as the whole thing is ludicrous if you really peel back the layers of this of this dead body and look underneath of it what you'll see is that ever since the federal reserve was put in place since nine hundred thirteen they've been devaluing the dollar through it and insidious process of a hidden taxation which is being levied against every human being out there that has dollars in their savings accounts retirees savers of any sort in any country their

leverage to the u.s. dollar this process of destruction is one whereby when montauk cattle get out of the local grocery store to fill up their grocery cart when they go out and go to chelsea pay for it they realize that the dollar doesn't go quite this far they don't quite understand why but they know that the bureau statistics in the united states and their ridiculously low and under reported rates of inspiration are not really the reality of the situation on the ground so this iteration is far from real. thanks for being with us financial journalist as you are joining someone from barcelona today thank you. thank you. several nato states threatening action against syria says eye witnesses report that the country's security forces have renewed their attacks on the city of hama more than one hundred people are said to have been killed on sunday when government tanks forced their way into a position stronghold russia's condemned violence in syria calling on both sides the government and opposition to abstain from brutality and applied by the law he's

called for the emergency u.n. security council meeting to discuss the situation which will be held on monday that's with the even posing more sanctions on damascus let's get more of what's happening in syria then talk to jonathan directly he's a political science is joining us to learn from the jonathan thanks for being on artsy international much appreciate you taking the time when there were fourteen hundred now reported killed in syria's violent crackdown there is the u.n. likely to make a stronger stand. well i hope so very much and it's absolutely over to you but i have doubts that there will be meaningful effective sanctions by the u.n. security council also because maybe russia and china felt after traits how things went through of libya but at least i hope there will be a strong condemnation of the regime and i'm very much hoping for stronger and effective sanctions from our coalition of other states for example european union well it's national pressure is mounting on syria is there

a danger where heading for a repeat now of the libya scenario maybe well i don't think so because. the syrian regime is really minority regime and. sect is now ruling and i think that it has much less. of a power base inside syria and in libya. fractions inside the country are much more complicated in syria so i'm hoping that it's. bases off the ocean it's not just looking at what's happening in egypt as the speaking tonight i mean the arab spring revolutions haven't brought about quick changes of they could any potential regime change in syria happen any quicker than what we've witnessed elsewhere if it did happen. well as i said. chances i think are petty in syria

because it's really clear that the power of the people who are in power now really do not represent the people of syria so a way of protesters are chanting the people who runs to overthrow the regime think they can do it with some legitimacy and also what i see from the syrian opposition . i think they have at least the right ideas and i have a good admission for the future of the country and i think they deserve all the support that they can get from the west and other countries with these new e.u. extended sanctions on the country what kind of power base there's a sad have left in the country and realistically how long do you think you'll hold out as president while it's hard to say how long he can stay in power pots finger we have to see clearly that he a slave is tracked down it's not a sign of strength but a sign of weakness or what regime couldn't really stop the protests for months now

for over four months now and they in vain try to offer the opposition some kind of fake reforms and it's really clear that. reforms are not an option especially in a situation where you have protective tauriel regime that is ruled by a minority in any meaningful regime is equals. regime change so i think maybe our side will stay a little bit longer in power if this prove to correct our own part of fink in the long run he will fall ok jonathan likely scientist i'm sure your thoughts on the program for billy. it's. gyptian troops are crushed with protesters camping out in the center of cairo hundreds of demonstrators were cleared away from tahrir square where they've been gathered for weeks to demand faster reforms of the figures revolution where this is a new uprising maybe starting despite attempts by the interim government to

suppress it the violence was very severe there was a lot of people with bloodied faces and serious head injuries that i saw and it's not clear exact numbers of injuries but i would be in the thousands would be easy to guess and i don't know the reports that have been run killed but they have been completely rested definitely their demands will probably be the same as a lot of the rest of the protest movement is a good end to the military trials which protesters are being subjected to politic and or malaysian officials perhaps slow civilian trials protesters on the streets are being sent through a very speedy and military system that would also be they're supposed to rise in the minimum wage but basically the idea is that not enough is trying that they want more they want to revolution not just the resignation of one man and this is definitely here i mean honestly and other human rights organizations have to say that their best advice and support things like the now infamous unity jets referee

my protesters were tested by the army says they were persians in their words i mean others would call it right there's been plenty of places very unfair trials in beatings and torture that's been reported through incredible organizations. would definitely line a similar process there's almost no question about. some people here say that the first revolution is still not over that was just the beginning. coming up on r t with me kevin no internet rewriting history veterans of hitler's clash troops hold a rally in a style in iraq being banned in other countries it's stirring fears of revived naziism in europe right now. next to israel tonight thousands are preparing for industrial action there in protest against the government in tel aviv the planned strikes follow a weekend of massive demonstrations over rising house prices and escalating cost of living people demanding social justice and better working conditions that his policy is following the latest for us in tel aviv. well of the stage it certainly doesn't seem as if tonight's protest here in tel aviv will reach the kind of

numbers we saw over the weekend some twenty four thousand people have signed up on facebook and like the demonstrations happening here in israel over the past two and a half weeks tonight's approach instance also being organized online the grievances are much the same people are criticizing the israeli government's economic policies they are calling on the israeli prime minister or any given that on yahoo to resign but also calling for regime change now a short time ago today was a meeting between israeli president shimon peres and a number of the protest tent organizers it was initiated by the president he said he wanted to hear what their demands were and following that needs and he said that what needed to be corrected would be corrected this is a very different tone to what we're hearing coming out of the israeli prime minister netanyahu scamp that some yahoo itself has been pushing over these protests his spokesperson has come on record saying that these protests are out of proportion he says that the israeli economy is healthy and sound although there

certainly is a disagreement within the politicians because we know that the director general of the finance ministry has resigned we also know that a special committee has been says have done it on after themselves to look at how to deal with these protesters and they grievances at this stage it seems unlikely that these demonstrations will dissolve into violence although having said that this past weekend on the weekend before after the official demonstrations ended there were a number of protesters who simply sat in the roads and refused to be moved and they were forcibly removed by police a number of us were made and they certainly was the mood and attention on the streets that they would be violence now there is another protest being organized online it's being dubbed the million man march and really tens of thousands of people have signed up for that it's a protest that scheduled to take place the first weekend of next month and it certainly echoes what we saw happening in egypt over the past few months where there were several million man march as maybe the best way to describe the mood in israel the. it is what was said by

a lifting labor member of parliament who say that this is the most complicated state of emergency that this country has seen since the declaration of independence back in ninety eight. mideast correspondent paula i was a whole host of stories news and blogs and information for you on our website i would say don't call me to taste some of the stories you catch up with online right now just a few clicks away as innocent american man was jailed for a crime trumped up by a is a life and her boyfriend caught but the hero gets the last laugh as you'll find out on long tonight along with fifty million dollars of compensation is interesting story about siegel connie. francis to hold leo tolstoy paris where participants to be reading out loud from boredom pace one thousand seven hundred pages of good history about to go call that interesting tonight. elsewhere around the world now and twenty five refugees from libya have been found dead on a boat which they used to sail to the italian the italian island of lampedusa

officials say the men were found in the engine room where they were choked by fumes the boat carrying two hundred ninety six people from sub-saharan africa arrived after three days from libya that's the latest in a series of arrival since the civil war began four months ago italian authorities are investigating the case. eight fighters have been killed in libya meantime after rebels clashed with colonel gadhafi as moralists and no position stromal city benghazi the fighting started when rebels rounded up a group they suspected of murdering a military chief and having links with gadhafi rebel military commanders have used family tyrannous to up in fact yunus was assassinated last week over two thousand people have died in the violence since the civil war began four months of. the suspected leader of one of mexico's most notorious drug cartels has admitted to the murders of fifteen hundred people the thirty three year old man known as el diego was arrested after a gun battle with police on friday he's accused of being the head of

a gang of hired killers and corrupt enforcement officers working for a major crime ring the cartel controls a supply line of illegal drugs smuggled into the united states. veterans of hitler's elite troops who fought against the soviet army in world war two have traveled from around europe to hold an annual rally and stoney are former members of the nat see what an s.s. referred to locally as fighters for freedom were joined by neo nazi groups from the country resulting sarah first reports next it's fear the stone is glorification of nazis and is feeding dangerous far right movements across europe. former soldier roughness i will form but. it's something the moment you don't think about later or think about people but. that's the war for. him country and maybe steve year at these kind of events

a band we cannot go in and go here business staying it's a different story altogether. it's common in the stonier to call these people freedom fighters we hold all continents trollies on the same day this event. and you are given allegiance to hitler as. they have never leytonstone moreover many of them are engaged in an ongoing war more or less accomplices of crimes committed by nazi germany. in fact in recent years the state you know thirty and made it increasingly difficult the days you come to oppose the events this year once again members of the anti ashes movement with the tainted food and pulled a bit by the plate because we were traveling in was based on questioning on the way in. i have an entry prohibited to the country and of course they don't want any kind of other opinions than their own opinion which is really

very much sort of supporting the. revival of the far right across europe has caused growing concern right parties a gaining ground in countries like australia finland and france savage sluice are by far right extremists are in this very big way we think they. just how dangerous these schemes really i think this is a problem of how this will be extremism and far right wing extremism and the fact that. for instance you. close calls. the i.r.s. . doesn't want to accept this be the c five fields take decisive action to stop the nazi commemorations within its borders bush's international legislation to condemn the glorification of wartime ashes in events like the one in a sting in making clearing a clear the not all countries. critics of this event soggy the gathering for fights

for and for dangerous. is the government's failure than it seemed at the very least morally and politically insensitive. i think. there are a lot of use not all victims being killed by destructive twisters that swept through russia's far east twenty eight others were injured by the huge whirlwind of natural phenomenon considered both nonetheless very rare not only for the region but the country as a whole the pictures this tornado tore through a city center tearing apart the rooftops and balconies of more than one hundred buildings overturning trucks rooting trees and ripping out power lines that raged only for a few minutes but i would says reportedly incredible damage both roads have been cleared but many homes are still without electricity from the scene more of these dramatic pictures of a website on. so you drive so far with me kevin

i was coaching with a business live from moscow next. hello and welcome to business here on artsy now german energy major either all is going to take to arbitration court in order to pay lower prices for gas he also argues that sport gas prices are up to fifty dollars cheaper four thousand cubic meters than the current long term contract that has with gas run power after more than a year of negotiations the sperm is still on the willing german partners the man's taking the matter as arbitration this part of the contractual agreements between with some companies. german industrial giant siemens respondants set up a gas turbine joint venture with russian company power machines siemens will hold a sixty five percent stake in the venture which will be located in st petersburg

meanwhile siemens is selling a block can stay in power machines to the russian companies majority shareholder high stats which is controlled by alex. the venture is set to produce and develop gas turbines and provide relevant service. crude oil is falling once again amid fears global economic growth is slowing down the latest manufacturing figures from the us and europe make this more reading but the slide in the oil may not be all bad for russia as yvonne chicago from renaissance capital explains. if you could they use you call me for example one reason why because he has not done very well in the first half of your is because the american consumer has suffered because of the all prices he's also have to disclose also that he used the peterson power of the american consumer and again this is a drag on global growth in my opinion the best all cries for the global economy right now and maybe even for russia is not on the great departments around ninety five hundred dollars or

a little bit of red. and it would be nice you know prices right now i think would be very beneficial for united states for the world and for us. let's take a look at the oil prices now rights with its current mix rating at ninety four dollars per barrel of our brands as at one hundred fifteen dollars over the last some markets have turned sharply south after opening positive mission investors were encouraged that the government had agreed on a cost cutting program that optimism was drained away by the interest on the facts and data and it's years. and here in moscow those stocks lost some of their earlier days and finished the day mixed the r.t.s. last point three percent of the my sense was all over the broad consensus is that a look at some individual movers on the y. sachs other teenagers were among the main gainers with gas going off almost going to have the sense thanking saucer also hire a bank of moscow was not for her son's best the lender avoided defaulting on its

new bonds after participants for instance had earnings and power generator in surround was also on the rise the company has tripled its net profit in the first half of the year reaching eighty three million dollars. to start times after vassall twenty five percent one parse and the first seven months of the year but it's not all three hundred forty two thousand units but for the most recent months there was a sharp slowdown as the government ended its pass the clunkers program. ask your sponsor this is a thousand sneer. and that's all there is this news for now for more you can always head so our web sites are to dot com slash business in the meantime because it's in for have fries for club and.

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