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tv   [untitled]    August 2, 2011 2:01am-2:31am EDT

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all. in india old geezer made ability to move the joint be the children's village the gateway to the grand imperial truly the george weston. you can
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a letter to. say don't need to go. read this in the county was originally as a treat. washington takes the first step to approve a long awaited deal to increase the u.s. death limit just a day before a potential devastating default. the destiny of the bill is now in the hands of the u.s. senate after months of political bickering will it be enough to work financial crisis . i would. struggle legislators. in the u.s. economy such as the world's creditor. russia says u.n. action could help bring an end to violence in syria but once against excessive pressures that could lead to a libya style intervention experts stress the e.u. and american sanctions being enforced against a basket are only making matters worse. the voices of tens of
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thousands of anti-government protesters in easer all calling for the prime minister to stand are going on reported by the international media. just after ten am here in the russian capital you're watching r t thanks for being with us our top story the lower chamber of the u.s. congress has passed a last minute deal to prevent a devastating full scale default about softer months long political confrontation well the only remaining hurdle for the legislation is senate approval which is expected later audit tuesday artie's lucy cough and i'll visit washington with more . not a lot of good news in terms of the big picture for the u.s. economy of course the only thing that we can be certain of that this deal means is
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that it averts the self imposed potential crisis of a u.s. default what we do know in this legislation is it does sort of cut spending by about two point four trillion dollars over the next decade what that means in the short term for the u.s. economy is potentially a lot of tightening of growth now we have to keep in mind that the unemployment rates are still astronomically high at nine point two percent and so a lot of economists are saying this is not really the time to be cutting the spending this whole battle over the debt limit is kind of a proxy war an ideological proxy war between the republicans in congress and the democrats in congress what we saw with the past election is the rise of the so-called tea party wing of the republican party and ideologically what a lot of those folks want is they want a lot of major cuts in government spending almost no government spending with the exception occasionally on defense they also want to lower tax rates they believe that this is the way to really stimulate the economy now this is diametrically
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opposed to the democrats' worldview the democrats argued for you know closing tax loopholes on for example corporations and other life march companies they want tax reform they want to social spending for the poor and they don't want middle class americans low class americans to sort of face the brunt of of the economics just a crisis but really what this is all about and of course we wouldn't have seen this this whole fight connected to the debt limit if republicans didn't want to make a political point and we have to keep in mind that the two thousand and twelve election is coming up for both the congress and of course president obama and a lot of political analysts are saying this is just another way for the republicans to try to embarrass the president to make them look bad the irony in all this is that neither the left and nor the right really liked what came out of the deal at the end we saw one democrat said that the. as a sugar coated satan sandwich left in a bun and nobody likes what they see and of course by creating the special
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commission that will sort of figure out where to cut spending over the next few months that issue is still going to come up right in time for the elections so no one really wins in this deal well that's a position position shared by jason johnson a professor of political science who says washington and the president have little to celebrate who wants to claim victory for travel and that's all that's left of congress' approval ratings have dropped to twenty percent the president's approval ratings have dropped no one wants to claim victory for a bill that no one is really happy with it so you're not going to hear a lot of crowing you're not going to hear a lot of people so for a while where you know what you're going to hear is people saying let's move forward and try to get their over policies through before the end of the year it's going to be a huge impact on two thousand and twelve at least in the short term or overall it's the most or who will raise it because over yet strangely he still has a higher rating now because reagan did at this point has been good at this point in order to be harder so he can recover if you can reassert leadership and do
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something about the economy which war was still sixty miles away because it has got to do something to reinspire the public because those laws were the first. and the rest of america's possible self-imposed default has resonated far and wide and less cost lives artie's fear shrader in a deli for global reaction to the volatile priya how have the your world markets responded to this long awaited deal. well tessa the stocks here in asia are rallying people are obviously happy they've been watching this u.s. debt deal debate very closely but while they're happy they're not really celebrating there's a lot of cautious optimism you're asia was watching very closely they have a lot at stake here the countries here in this continent whole three trillion dollars of u.s. debt china the biggest u.s. debt holder of just can be number two so political leaders are shocked at how long washington just to decide on this debt deal there were some chinese newspapers
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actually they even called this deal quote unquote irresponsible and immoral ok well this it has been a near miss has it as a what does this mean for the confidence in the u.s. economy worldwide. confidence even before the u.s. debt deal to be in the economy in the united states wasn't that high to begin with this only added to all of that people are worried that a lot of the two point four trillion dollars that is that in this deal to be cut in spending in the united states over the next decade has not been decided and given the fact as i pointed out before that it took so long for this deal to have there isn't much stage when it comes to these asian political leaders that these decisions will have it in a sort of it's timely fashion they're worried but you know there are all these political games when it came to passing the u.s. debt deal in the first place that when it comes to making decisions about what
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exactly will be cut it clicked just as long also if u.s. dollar has been at record lows in the past week that's made many people here in a very concerned because of all of that there have been mutterings about an alternative reserve currency or perhaps a basket currency that would include chinese china and japan ok well how about ordinary people per year how would an average family in asia be affected by all of this. so intense that people are worried about the fact that the critics of this study are saying that this isn't going to solve the u.s. unemployment situation obviously that's a bad thing for the united states but that's also a bad thing for india you know asia has become to me a new factory in center of the world and if the unemployment issue in the united states is a result consumer confidence in the u.s. will also remain low and people in the u.s. simply aren't going to buy asian exports so that's negatively going to impact the
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economy here and that's why people here are watching the situation so closely all right well thank you very much for that report ortiz peer through the reporting there from india. well of russia is keeping a close eye on washington's political struggle to resolve the crisis prime minister vladimir putin says the american economy stays at risk despite the deal which means that washington can no longer be a symbol of economic stability around the world. so. actually there's nothing good about it we're just this boom making more systemic decision this colossal debt fourteen trillion normal means of the country has been living on credit which is really bad for one of the world's leading economies this means they live beyond their means and put it on the entire world's economy to some extent they sponge on the world's economy and on them on a police state dollar positions this means that firstly the reserve currency should show up in the world not just the dollar and the euro should be consolidated and
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you should come up with a regional reserve currencies the ruble can become a regional reserve currency. all coming up ahead on the program reported voices. i haven't seen anyone from c.n.n. or fox news or any other big news channel here and it's really sad we also deserve a chance to be heard out. of tens of thousands of israelis demanding that their government stands down saying the international media is turning its back on the country's problems. were reports are coming in of dozens more protests or deaths of the hands of government forces in the syria well moscow says a limited un security council action could bring quote good results and helping stop the ongoing violence in the country but russia as you would all void without if your kid warns that any measures must be restricted to solving not aggravating
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the conflict or the security council has held a close to emergency session on syria and that somebody reports of government forces there killed over one hundred protesters on sunday moscow's already issued its strongest condemnation of the violence calling on both sides of the conflict to refrain from using force or russia's big cautious about international action on syria fearing a repeat of what it calls a violation of the u.n. mandate on libya on monday slop. a fresh round of sanctions on damascus washington is also calling for action against president bashar al assad's regime but a former u.k. ambassador to syria told r.t. that internal developments in the country are likely to oust their leader. the economic sanctions are not of themselves going to bring down but what will undermine him over time is the fact that the economy is collapsing it is a truism of syrian politics that if he loses the sunni little lost support from
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damascus and aleppo to a lesser extent. he will not be able to maintain his hold on power and when they see that the road he is leading them down is leading to economic disaster then they are more likely to turn against him the moment he has talked about reform but not done anything he's talked about checking the security state but in fact is on reached it i don't see that intervention militarily would be anything other than disastrous within syria all syrians would object to that would be the one thing that might unite all syrians behind the government in fact. so i don't see any prospect of it. a western officials have ruled out military intervention in syria but economic sanctions against of ask us are being stepped up middle east expert joshua landis things this will eventually backfire on the syrian
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people. all of the syrian opposition leaders who have now. elected executive committees have all demand that there be no foreign intervention now of course foreign intervention is a very broad and gray area there's military intervention like libya but there's also economic strangulation which could come along the united states already has sanctions fairly severe sanctions on syria the west feels it needs to do something it doesn't want to stop trade you know we've tried sanctions in iraq in iran libya they haven't worked very much and when they have work they starve the people not the government and that's the danger of sanctions if they feel good because you feel like you're doing something and you could tell the opposition you're on their side but they in fact they often hurt the people you don't want to hurt. we're following all the events taking place in the middle east where the unrest continues
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and all of these on our website you can go to our team dot com to get the latest news updates and the videos and waiting there for you right now anderson police clash with activists of a long lasting demonstration on cairo something their square tried to disperse those angry at the interim government for a lack of political improvement. and also on our website a hacker group who hijacked the twitter page of the door hinge at mass murder and burst bravery to claim the breach was an attempt to undermine the killers on my post and his ideological statements. and wild west meets the eastern russia where people turn into cowboys and indians for the start of the adult cowboy passable.
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police have arrested a suspect in connection with an explosion that took place at a kindergarten in eastern russia which left one girl injured the blast wounded a five year old pupil who noticed a small box decorated with a ribbon on the terrace of a kindergarten in the city of qom some. reports say the bomb was packed with nails and other small metal objects leaving her with multiple cuts and burns local authorities are investigating the assault treating it as a terrorist attack and on the way back to the front line after two decades of fine might be sealed a multi-billion dollar deal the supply of russian helicopters afghan security forces. now any zero foreign media are being accused of burning their heads in the sand over coverage of the biggest antigovernment protests the country has seen in decades tens of thousands of people fed up with deteriorating living
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standards are staging demonstrations calling for prime minister binyamin netanyahu stand down as artie's policy or reports from television protesters voices are simply going on heard by the rest of the world. tens of thousands on the streets of israel angry. and protesting for change but is anyone listening when it comes to throw a lot of the foreign media want to see more of an action movie and this has been very violent it's been very hasn't been violent at all it's been very positive. well into week three the largest demonstration in israel in over a decade and how did a.b.c. c.b.s. and n.b.c. cover it they didn't a younger woman set up the tent while the editors of france twenty four b.b.c. and sky coughed up just a few meager seconds perhaps not even that interesting to. back you know back
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in the studios ok there's a protest well what exactly is a protest a social protest for the revolution it's not the same kind of story that they're used to it's not as big and dramatic as some of the bigger revolutions happening around the middle east and i mean isn't surprised by the worldwide lack of media interest he's worked in the israeli press for decades reporting from media both foreign and local there is a box that the international media has put israel in and there is really a palestinian conflict or so of israeli lebanese and syrian conflict and anything that doesn't kind of fed into that. type of of news item which is unfortunate mistreats has been dubbed top corner by some of the people here an optimism perhaps that they seek to bring down the government in the way the neighbors in toughness square. but where is the plan was there willing nonstop here a pretty absent that just makes hundred wayas and others angry for nine days she's
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been camping here furious that she can't make ends meet as a university student it makes me feel sad that when egypt decided to stand up and say we've had enough and when eleven. they decided to say we've had enough the media was all over there i haven't seen anyone from c.n.n. or fox news or any other big news channel here and it's really sad we also deserve a chance to be heard out but according to independent media consultant jeremy rudin the protestors need to be patient star has really reached international proportions yet it's not that the government is falling this is like an inside. story and that is a bit of a problem when you're looking from overseas trying to figure out what to cover it's not that you know the guy the economy is collapsing but long before the economy collapses the protesters him might have to throw in the tome because as demonstrators have learned to run the world without the international press and
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without the push of foreign governments the protest can go only so far. television is a. blogger danny schechter says that the reality of life in israel often goes unnoticed because the country only attracts coverage for its role in conflicts. many americans think somehow the israeli government is very popular the leaders of israel are to get a lot of attention in the american media israel is presented almost as a model with the country when it's actually an extremely divided country a massive protest of the kind we've seen in israel about you just the economic realities that people there are experiencing is something americans have no understanding of because there's no context in the reporting israel's only reported in the context of its conflict with iran or its conflict with palestinians the
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actual reality of life in israel and what's happening to people there and how this right wing government in israel is handling the economy is something that we never really hear about whatsoever it's a very unstable situation the economy there is very unstable as well you know when you look at the middle east generally speaking they talk only about the arab countries only they have internal the discord in the never hear about israel's internal discord and the fact that this uprising essentially is taking place in israel while the same time as one going on in syria this one going on in egypt you know shows that the same pressures are you know being experienced by israeli people as well which is inflation economic pressure food prices rising oh all kinds of economic uncertainty. and more news is coming from e.'s row where
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the prime minister has announced he is ready to discuss his really borders with palestinians binyamin netanyahu has agreed to negotiate a possible return to preven nine hundred sixty seven territory lines israel has been all couponing lines in the west bank where palestinians hope to build their own state since the six day war over forty years ago peace talks over borders have been a stalled since last september due to construction of jewish settlements in the area . afghan officials say at least four people were killed and ten the wounded in a suicide bombing in northern afghanistan what an attacker blew himself up at a local guesthouse two other insurgents broke in and gauge police in a two hour shoot out all this comes two days after eleven people were killed in an assault on police headquarters in the south of the country. japan's energy operator tepco has detected the highest level of radiation at the
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fukushima nuclear facility since the march earthquake and tsunami hit the plant the reading was taken between the first and second reactor buildings registered at levels considered fatal to human health the company of the government say they remain on target to bring the reactors to a safe state of cold shutdown by january but the ends of thousands of people remain in temporary shelter after a no go zone around the complex was in force. mexican police arrested a suspected senior drug figure in the western state on twenty four year old mary snow got a harrison is accused of supervising the production of methamphetamines in the state for a local cartel well this is the latest arrest in a series of crackdown so drug cartels by mexican authorities last week police arrested the alleged gang leader who later confessed to ordering the murder of fifteen hundred people. now
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a legendary russian military helicopter which has been in service for decades is coming back to the front line in afghanistan well the u.s. has bought over a dozen choppers from russia for the afghan security forces are. reports. that it's is the nickname soviet soldiers gave to the strong standing wind of afghanistan over twenty years ago they regarded as their main enemy as they struggled through air missions over high mountains in extreme weather now it's these the soviet designed am i seventeen which made its name as afghan and survivors. the engine if this helicopter i mean not to be the most advanced but it's well protected from the destructive sound unlike many of its alternative is very powerful and perfect for the extreme climate of afghanistan it will be able to operate here for a very it's twenty five years. the u.s.
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led mission in afghanistan will end soon when nato troops go to n.y.c. seventeen's will make a comeback to face the afghan is winds once again russia will ship twenty one helicopters to afghanistan to help the country's security in years and pilots work together to perfect and ease operating of m y seventeen and while it seems quantum physics to me afghan pilots are already familiar with the machine many of them trained under soviet air force instructors even now twenty years later to speak perfect russian you know. i graduated from a pilot school in the russian city of christendom in one thousand nine hundred four when i got back to afghanistan to serve in the army we only had soviet aircraft those machines were the best to get to the most difficult and isolated parts of the country regrets that the u.s. will be for afghanistan's m.-i seventeen's something which put american helicopter manufacturers in a spin with congress using russian military aircraft the cons. she's had plenty of
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helping hands after the soviet invasion russia provided millions of dollars worth of military hardware and a ten billion dollars to the u.s.s.r. now that the deal was sealed russian engineers are working to assemble the helicopters the m i seventeen is proof that military might doesn't always mean advanced technology as long as it's got the tough stuff for the terrain and they've beaten them guidance wins before and then we go r.t. as and. and once again it's time for the business news with kareena. hello welcome to our business update this hour the united states have avoided a debt default but the optimism that has been a short lived for the markets instead investors are focusing on the poor state of the world economy also adding concern is the fact that washington will be cutting spending by two and a half trillion dollars over the next ten years. with this deal in plays we're
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going to see some significant cuts in public spending in the second half of gear exactly at a time when the u.s. economy is slowing down so obviously i can use to imply some good old divisions downward revision in growth united states and united states is the biggest economy in the world i think that there was some growth. in the world and in such kind of environment usually russia doesn't do very well we have done a couple of calculations we estimate that if. growth united states for example is very easy to do by one percent growth you in russia could actually suffer by two percentage points which is not non-trivial nontrivial impact. but can't the markets now oil prices are under pressure following a disappointing report on u.s. manufacturing and who's had concerns over crude to light sweet is trading below ninety five dollars per barrel while brant is losing twenty six cents this hour and it's trading at one hundred sixteen dollars a barrel and precious metals are gaining this hour as investors look for safe haven
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gold is a third of a percent high and also where it's over the percent of black. asian stocks are in the red investors are concerned about a slowdown and u.s. manufacturing as well japanese exporters away by stronger yen within tendo down over three percent banking stocks among the worst for the hong kong industrial and commercial bank of china lost three percent amid reports of a major share placement. here in moscow the r.t.s. open the trading session point four percent in the red line six is still closed will open in a few minutes so here you see in monday's closing. now although investors have become more confident about the u.s. debt resolution mark rubenstein at least they will still be focused on the other side of the atlantic key indicators about the health of the world economy. a lot of this was going to the sidelines particular during the second part of the week.
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anticipating their u.s. labor market reading on friday morning and this statistics that that's been coming out an ice age is being been painting a mixed picture and that's why i think a lot of into investors are going to be trying to stay in the sidelines until at least this number comes out and particular this is going to coupled with a seasonal slowdown in august so when a lot of investors given all the uncertainties in the market prefer to sort of stand the sidelines and take conservative positions but i mean we still in the bull market and this is just the pause and i think now when we pause in the good time to look at their winners or rather maybe losers ok that's where all of that for this hour but stay with us for headlines coming up next. coming.
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