tv [untitled] August 2, 2011 4:01am-4:31am EDT
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sedona to go clear from the city the colonel was virtually as a treat. washington takes the first step to improving the long awaited deal to increase the u.s. debt limit just a day before a potential devastating default. the destiny of the bill is now in the hands of the u.s. senate but after months of political bickering it will be enough to avert a financial crisis. global stocks rally as the self-imposed crisis in america is averted but confidence in the u.s. economy's reputation as the world's creditor has been severely down. russia says u.n. action could help bring an end to violence in syria but warrants against excessive measures that could lead to a libya style intervention experts stress the e.u. what american sanctions are being enforced against umask us are only making matters
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worse. and the voices of tens of thousands of anti-government protesters and calling for the prime minister to stand down are going on reported by the international media. just after twelve noon here in the russian capital you're watching our t.v. now the lower chamber of the u.s. congress has passed a last minute deal to prevent a devastating a full scale default that's after months long political confrontation well the only remaining hurdle for the legislation is senate approval which is expected later on tuesday. is in 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 stifling 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 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 this was
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a sugar coated satan sandwich you lift the bun and nobody likes what they see and of course by creating the special 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 while the compromise agreed in washington comes just in time to prevent an immediate catastrophe that actual analyst max kaiser believes it won't be enough to persuade ratings agencies to let america keep its precious aaa credit score. u.s. treasury bond market will be downgraded it will no longer carry the aaa rating no matter what they decide and this is exactly what wall street banks want you don't make much money trading aaa rated u.s. government debt most of the economy in america over fifty percent of the economy is tied to investment banking and wall street trading so they control the g.d.p. for them to continue to make money they need to look for new business new revenues
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turning america's aaa rating to junk will make them many many billions of dollars in fees it's just simple economics and simple business just follow the money of the folks on wall street the american public by the juggler and they going to keep squeezing until they end up putting another fifty or sixty million of people permanently into poverty and just destroy this economy what obama needs to do if you're working in the interest of the people would be to nationalize j.p. morgan and goldman sachs immediately fire these crooks and start all over again because you've got a predatory monopolist down there on wall street who is interested in wiping out the middle class for a quick buck and that is tyranny. all the risk of america's possible self-imposed default has resonated far and wide with global stocks rallying following the house vote but artie's previous reader reports that despite the immediate economic relief more voices calling to replace the dollar as the world currency are being heard.
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chinese newspapers are calling this entire u.s. debt deal debate irresponsible and even immoral so although people are celebrating the fact that this did pass there is a lot of cautious optimism here well it's important to note that asia has a huge vested interest in what's going on in the united states that is held by asian countries china being number one szczepan being number two so confidence has really gone down here many critics of this deal are thing that this isn't going to do anything to help american unemployment which directly impacts the asian economy as well as you know asia is the manufacturing center of the world so if the unemployment problem isn't solved in the united states that also means that consumer confidence goes down for america and that means that they're not going to be buying exports from asia so that can really impact. people's jobs here in this continent. that was. reporting there from india.
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and coming up ahead in the program on the reported voices. i haven't seen anyone from c.n.n. or from fox news or any other big news channel here and it's really sad that we also deserve the chance to be heard out. tens of thousands of israelis demanding that their government stands out and say the international media is turning its back on the country's problems. all reports are coming in of dozens more protester deaths at the hands of government forces in syria russia says limited a un security council action could bring quote good results in helping stop the ongoing violence in the country but moscow warns that any measures must be restricted to solving not aggravating the conflict now the security council has held a close emergency session on syria amid reports the government forces there killed
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over one hundred protesters on sunday moscow's already issued its strongest condemnation of the violence appealing to both sides of the conflict russia has been cautious about international action on syria fearing a repeat of what it calls the violation of the un mandate on libya will damascus is already under a set of american and sanctions but a former u.k. ambassador to syria told our team that internal developments of the country will oust the 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 middle class support from damascus and aleppo to a lesser extent. he will not be able to maintain his hold on power
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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 as unleashed 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 charter landis thinks these measures will eventually backfire on the syrian people. all of the syrian opposition leaders who have matt said no and elected executive committees have all demanded that there be no
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foreign intervention now of course foreign intervention is a very broad and gray area there is military intervention likely be up but there is also economic strangulation of the country 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 and 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 then fact they often hurt the people you don't want to hurt. following all the events taking place in the middle east where the rest continues you can go to our website that's our dot com to get the latest news updates and videos and waiting for you right now an egyptian police clash with activists of the long lasting demonstration on cairo's tahrir square trying to
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disperse those angry at the interim government for a lack of political improvement. is also what our website a hacker group hijacked that's what a page of the in a region mass murder under spray that claimed the breach was an attempt to undermine the killers on life posts and ideological statements. and wild west meets the east of russia where people turn into cowboys and indians for the start of the annual cowboy festival.
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got. the biggest issues get an invoice face to face with the news makers. welcome back now the suspect arrested in connection with an explosion that took place at a kindergarten in eastern russia which left one girl injured has confessed to the crime and police are questioning the twenty eight year old man whose name wasn't disclosed in the interest of the ongoing investigation well 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 males and others small metal objects leaving her with multiple cots sense of your burns local authorities are treating the assault as a terrorist attack. and on the way back to the front line after two decades we'll find out why the u.s.
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has sealed a multi-billion dollar deal to supply russian helicopters to afghan security forces . now any zero mainstream media are being accused of burning their heads in the sand over coverage of the biggest anti-government protest the country has seen in decades well tens of thousands of people fed up with deteriorating living standards are staging demonstrations calling for prime minister binyamin netanyahu to stand down as artie's policy reports from tel aviv protesters voices are simply going on heard by the rest of the world. tens of thousands on the streets of israel angry today and protesting for change but is anyone listening when it comes to a lot of the foreign media want to see more of an action movie and this has been very violent it's been very hadn't been violent at all it's been very positive.
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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. look back in the studios ok there's a protest what exactly is a protest a social protest. it's not the same kind of story that they're used to it's not as big and dramatic some of the bigger revolutions happening around the middle east and i mean it 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 the palestinian conflict war so the israeli syrian conflict anything that doesn't kind of foot into that.
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type of of news item which is unfortunate that just makes hundred reyes and others angry for nine days she's 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 eleven and they decided to say we've had enough the media was all over there i haven't seen anyone from c.n.n. or from fox news or any other big news channel here and it's really sad we also deserve a chance to be heard out on the streets has been. time here coined by some of the people to get an optimism perhaps that they too can bring down the government in the way they may visit and talk it's clear that the best way is the families they were willing to no one stop him they pretty have things. to see on television that are. blogger danny schechter says that the reality of life in
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israel off it 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 actual reality of life in israel 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
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you look at the middle east generally speaking they talk only about the arab countries only they have internal the discord 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. more news is coming from e's row where the prime minister has announced he is ready to discuss is really borders with the palestinians benjamin netanyahu has agreed to negotiate a possible return to pre-one nine hundred sixty seven territory lines israel has been occupying lands in the west bank where palestinians hope to build their own state since the a six day war over forty years ago
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a peace talks over borders have been stalled since last september due to construction of jewish settlements in the area. afghan officials say at least four people were killed and ten wounded in a suicide bombing in northern afghanistan one of the attacker blew himself up at a local guesthouse two other insurgents broke in and engaged police in a two hour shoot out well this comes two days after eleven people were killed in an assault on police headquarters in the south of that country. japan's energy operator tepco has detected the highest level of radiation at the fukushima nuclear facility since the march earthquake and tsunami hit the plant the reading taken between the first and second reactor buildings registered at levels considered a fatal to human health the company and government say they remain on target to bring the reactors to
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a safe state of cold shutdown by january. still tens of thousands of people remain in temporary shelter after a no go zone around the complex was inforced. mexican police arrested a suspected senior drug figure in the western state of michoacan twenty four year old mary snow got a harrison is accused of supervising the production of methamphetamines of the state for a local cartel well this is the latest arrest of a series of crackdowns on drug cartels by mexican authorities just last week police arrested and the alleged gang leader who later confessed to ordering the murder of fifteen hundred people. a booking a ticket to space is a goal for many but one that very few have managed to achieve and in just a few minutes the commander of the legendary apollo moon mission tells r t how reaching is zero gravity can actually shrink your ego. i think that people
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who are astronauts are caused by knots. they are people who live on the. people who like to explore people who like to see something different who like to open up new doors when we look back at the earth three of the way and we can put our earth to the window and everything behind our earth was was disappeared one of everything that we'd ever known was that my height or maybe that's sort of a usual feeling of feeling insignificant really we all are back on earth if i could put my thought up and hide everybody. now legendary russian military helicopter which has been a service for decades is coming back to the front line in afghanistan where the u.s. has bought over a dozen choppers from russia for the afghan security forces are the thought you
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know vehicles are reports. i've got it's is a 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 and why seventeen which made its name as of guided survivors. the engine of this helicopter me 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 about twenty five years if. the u.s. led mission in afghanistan will end soon when they do its troops go the only seventeen's will make it come back to face the afghan is whence once again russia will ship twenty one helicopters to afghanistan to help the country's security in
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years and pilots work together to perfect and ease operating of m y seventeen s 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 speak perfect russian. 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 with the us will be for afghanistan's m.-i seventeen's something which put american helicopter manufacturers in a spin with congress and using russian military aircraft the countries had plenty of helping hands after the soviet invasion and russia provided millions of dollars worth of military hardware and wrote off a ten billion dollar debt to the u.s.s.r. now the deal is sealed russian engineers are working to assemble the helicopters
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the m i seventy. he's proved 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 wins before and then we go r t as an. all time now for the business news with kareena. hello and welcome to our business update our top story german energy major is taking gas probably to court in order to pay lower prices for russian gas the company argues spot prices are up to fifty dollars cheaper per thousand cubic meters than the current long term contract it has with gas probably the company copper has a tease. gazprom says it will raise or revise the gas price. at that time perswaded the gas pump to sell a part of its gas at a price linked to support prices which will lower the gas prices called charts now
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eon is asking for further reduction so the company is suffering have the losses due to the gap between gazprom surprise and that's all the european markets which serves but gazprom wants to stick to its long term contracts which it says provides a secure it's of all the customers at only a small premium to the support prize the talks have lost it for more than a year now without success so eon is now taking the matter to the arbitration court lawyers we've spoken to suggest it is within the court's power to instruct the gazprom to decrease what it charges but it would need a contractual reason to find a buyer. looking at the markets oil prices are on the pressure following a disappointing report on u.s. manufacturing that boosted concerns over crude demand like so it is currently trading below ninety five dollars a barrel while brant is losing twenty six cents and is trading at one hundred sixteen dollars a barrel. precious metals are gaining this hour as investors look for safe haven
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gold is gaining nearly half a percent while silver is over a quarter of a percent and the black. stocks are in the red investors are concerned about the slowdown in u.s. manufacturing japanese exporters strained under the weight of a strong yen lost three percent and intended drop over two and a half percent overnight falls in commodity prices also hit the region's resources and banking stocks are among the worst performers in hong kong. stocks in europe open lower with banks and focus markets are keeping an eye on us where the debt deal now is heading to the senate after winning approval in the house of representatives shares of b.m.p. perry point six percent up to second quarter results barclay's rose over two percent. after its earnings. and here in moscow it's a similar story of main indices in negative territory the r.t.s. is down three quarters of a percent while wise x. is down a third of a percent now let's have
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a look at some individual movers otherwise x. energy and banking stocks are weighing on in the c.s. gas problem is losing a point six percent while the t.v. is a third of a percent down and russia's air carrier air flight is also down despite positive results the company has almost doubled its net profit in the first half of the year reaching two hundred forty three million dollars. plus an internet investment group d.s.t. global has bought five percent of social network twitter for four hundred million dollars that's according to the financial times quoting a source close to the deal the newspaper suggest the investment might be the last one before twitter list of wall street d.c. global also owns almost eight percent of facebook. the united states may have avoided defaulting on its debts but that has created little optimism on the markets instead investors are focusing on the poor state of the world economy
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also adding to concern is the fact that washington will be cutting spending by two and a half trillion dollars over the next ten years we do this deal in plays we're 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 revisions in green growth united states and united states is going to mean the world i think that we're going to see some growth down don't want to be regions in the world and in such kind of environment usually russia doesn't do very well we have done a couple of calculations we estimated if. growth united states for example is very easy to do by one percent growth in russia could actually suffer by two percentage points which is not non-trivial nontrivial impact. that's our business of that for this hour the backward law and funny that's.
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the. last time the close of team was in the cool gun region where men flock from all over the world to have a few centimeters to their self-confidence. this time r.t. goes to the amore region. for the gold rush still gets people high joke. for an ancient tribe fights to save its culture. where cranes are protected in the first and dumped on.
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