Skip to main content

tv   [untitled]    August 2, 2011 8:00am-8:30am EDT

8:00 am
the u.s. house of representatives the swings behind the debt limit bill to avoid default amid criticism that america still faces an economic recovery just spiked the last minute compromise to. the destiny of the bill is now in the hands of the u.s. senate after months of political bickering if it will be enough to avert a financial crisis. nato members pressed for tougher u.n. action against syria's government response to escalating violence but russia valves to block any resolution is leading to a libya style industry. and israel is to seize by
8:01 am
a tidal wave of antigovernment protesters demanding sweeping economic reform but demonstrators complain that the summer of discontent is largely being passed over by the international media. a very warm welcome to you this is r.t. live from moscow with me rory search the lower house of the u.s. congress has a done its bit to prevent a devastating falls passing an eleventh hour bill to raise the country's borrowing limit after months of stalemate and political squabbling the bill could be signed into law later on choose day if the senate also gives the go ahead. on affairs across the latest in which. 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
8:02 am
that it avert the self-imposed potential crisis of a u.s. default what we do know in this legislation is a 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 a 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 is in all this is that neither the left nor the right really liked what came out of the deal at the end we saw one democrat said that this is
8:03 am
a sugar coated satan sandwich you let the bun and nobody likes what they steal 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 but those are things that you see kind of reporting right while the deal helps the u.s. avert immediate the fold it may be too early to heave a sigh of relief that's the rating giants standard and poor's and moody's both indicated that it could still strip america of its prized aaa school financial analysts the next guy's a believes the days of america's debt being seen as risk free or. a 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 that the spreads are very tight and there's not much money to be made
8:04 am
it's foolish to think of this sometimes of republicans versus democrats this is about savers averse to speculators speculators want interest rates at zero percent and they want u.s. treasury bonds a junked savers who are not getting any return on their investments because interest rates are zero are buying gold which is about to hit another new all time highs and currencies around the world they're buying silver because they realize that the american club soccer say and the folks on wall street have the american public by the juggler and are going to keep squeezing and so they end up putting another fifty or sixty million of people permanently into poverty and just destroy this economy for the purpose of making a quick buck these people are financial terrorists what a barack obama needs to do if he were 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's interested in wiping out the middle class for a quick buck and that is tyranny well on both the democrats on the republicans have
8:05 am
to make concessions to reach the last minute compromise and neither of you the b.-list perfect fragile right of peta bill that says if the american public should turn against both parties for ruining the economic prospects that might be the right way. if anybody has one if you like it is the tea party the republicans that have held the country and held the president to run so to accept a deal that he absolutely didn't want to do not on the one hand it makes him look weak if on the other hand the results of this deal largely crushed upon the president by the republicans if vattel leads to a downturn in the us economy if people start seeing the possibly that their welfare payments their social security. their health care payments to to to veterans indeed even payments to current serving soldiers are in any sort of danger and it's
8:06 am
not clear who they will actually blame in the end it is quite possible that this sort of radical form of financial stringency which is being imposed will actually rebound on the republicans it is simply unclear how this is going to play politically particularly if the economy does suffer a severe downward impact which is absolutely possible. risk of the biggest economy defaulting has a send ripples around the world with inevitable concern in asia with its heavy investment in u.s. debt as are his previous rate of reports despite the immediate economic relief more voices according to end the dollar's reign as the main reserve. ok she has a huge vested interest in what's going on in the united states three trillion dollars of united states that is held by asian countries china being number one to pan being number two so confidence has really gone down here stocks here are
8:07 am
rallying people are obviously hot be that they got deal finally passed and many leaders here are actually shocked at how long it took chinese newspapers are calling this entire u.s. debt deal as if they irresponsible and even immoral many critics of this deal are saying 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 so people are definitely worried there's also been a lot of talk about the fact that the dollar has been at some of the lowest rates we've seen and in the past year and so there has been a lot of muttering fear in asia about perhaps an alternative reserve currency or perhaps looking into
8:08 am
a basket current be including japan and china as well. bringing us the asian markets reaction to the u.s. debt deal well you are with us here live from moscow are still ahead for you this hour but to the front lines you find out why the united states has sealed a multi-billion dollar deal to buy election dream russian truckloads of ask and security forces. kind of brings a whole new meaning to taking up all of this trying to run the mercedes and i will say this is about how much that's coming the way to turn the program parents. a fresh africa violence brings more death to syria as government forces fire again on antigovernment protesters the un security council is set to resume discussions meantime on the situation in the country all amid reports of over eight hundred
8:09 am
being killed on sunday moscow has condemned the brutal conflict appealing to both sides for dialogue russia has been cautious about international action on syria fearing a repeat of what it calls the violation of the u.n. mandate in libya want any measures on syria it must be restricted to solving and not aggravating the conflict and as the e.u. expands of sanctions on damascus a former u.k. ambassador to the country tells us that it's the internal situation in the country that will eventually oust president assad. 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 and when they see that the road he is leading them down is leading to economic
8:10 am
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. well i western officials are ruling out military intervention in syria instead putting more economic pressure on damascus also says sanctions against the country are inadvisable middle east expert joshua landis things they were strictly of measures will eventually backfire and only hurt the syrian people. all of the syrian opposition leaders who have. elected executive committees have all the mandate that there be no foreign
8:11 am
intervention now of course foreign intervention is a very broad and gray area there is the alternate dimension likely to be but there is also economic strangulation which 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 to starve the people and not the government and that's the danger of sanctions they feel good because you feel like you're doing something and you could tell your opposition you're on their side but they in fact they are going to hurt the people you don't want to hurt. you with r t live from moscow there's a lot more for you at all website of course artsy dot com here's just two of the many more stories you can find online for you and the fears over revived not cism the baltic states welcomes the veterans of hitler's what an access to the rally in
8:12 am
a stone with fascism finding a pocket of support in russia. and open the panic and whirlwind strikes eastern russia becoming the country's first ever city tornado a thirteen minute twister injured dozens and caused massive damage. to. its terror suspect has confessed to making the bomb that injured a five year old girl following an attack on a kindergarten in eastern russia investigators say the homemade device was wrapped as a gift box and left on the kindergarten terrorists in the city of qom so most going on more it exploded when the child touched it with nails the bomb the left the girl with a multiple cuts and severe burns she's now being treated in hospital the twenty eight year old suspect is still being questioned by police authorities are now inspecting all schools and kindergartens in the region now in connection with the incident. well in israel central square has been shining through tent city crowds of
8:13 am
protesters have expressed their discontent with soaring prices and plummeting salaries as artie's paula reports that peaceful demonstrations often go unnoticed by their governments and by the world's mainstream media. tens of thousands on the streets of israel angry 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 of the thousand very violent it's been very hard and been violent and also in a 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. cut the right 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. in the studios there's a protest well what exactly is a protest
8:14 am
a social protest of the revolution it's not the same kind of story the pollution is not as big and dramatic some of the bigger revolutions happening around the middle east and i mean of those who are isn't surprised by the worldwide lack of media interest he's worked in the israeli press for decades but courting from media both foreign and local there is a box that the international media has put israel. palestinian conflict also israeli lebanese and syrian conflict and anything that doesn't kind of fit into that. 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 in excel said that when egypt decided to stand up and say we have. you know and do in lebanon they decided to say we've had enough the media was
8:15 am
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 and we also deserve a chance to be heard out in the streets has been dubbed tough feel cornered by some of the people here an optimism perhaps the faith you can bring down the government in the way the neighbors didn't talk to square. dance with the cameras there would be no one stop here they push us and. want to see on t.v. television. well apparently for many western china where there's no violence there's no news american blogger media critic danny schechter says the reality of life in israel has never been brought into the spotlight. many americans think somehow the israeli government is very popular to leaders of israel or 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
8:16 am
a massive protest of the kind we've seen in israel about just the economic realities that people there are experiencing something americans have no understanding of because there's no context in the reporting israel's only reported in the context of this conflict with iran or its conflict with palestinians the 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 you know when you look at the middle east but generally speaking they talk only about the arab countries only they have internal but this court really never hear about israel's internal discord and the fact that this uprising essentially is taking place in israel while the same time there's 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
8:17 am
economic pressure food prices rising all kinds of economic uncertainty. all right you are to live from moscow now it's seventeen minutes past the hour marina's here soon with business news but for now some other news from all around the world for you at least twenty three people have been injured in the northern iraqi city of kut of cook after a car bomb exploded outside a catholic church police say two further attempts to bomb christian targets were foiled by the wounded included church staff and people from neighboring houses which were also damaged by the blast this is the latest of a series of similar attacks in the muslim region where minorities are regularly targeted by insurgents and religious extremists. israeli prime minister binyamin netanyahu has agreed to discuss a possible return supreme one nine hundred sixty seven borders with the palestinians the country has been occupying land in the west bank where palestinians hope to build their own state since the six day war you know
8:18 am
ultimately follows a binyamin netanyahu consistent rejection of the same proposal put forward by barack obama in may it will turn the palestinians would be expected to drop their bid for statehood at the un and formally recognize israel as a jewish state. a suicide bomber has blown up his car outside a local guesthouse in the afghan city of conducts two more militants broke in and held off police in a firefight lasting for two hours four guards were killed and ten injured and several foreign guests escaped through the rear of the building the taliban admitted responsibility for the assault the latest in a number of rising at sites in northern afghanistan. japan's energy operator tepco has detected a high radiation really near the fukushima nuclear facility it's a record since the march earthquake and tsunami the recent levels are more than double the previous record high and considered fatal the company and government say
8:19 am
they remain on track to bring the reactors to a safe state of cold shutdown by january meantime tens of thousands of people remain in temporary shelters or after a no go zone around the complex was in the forest. well a legendary russian military helicopter which has been a service for decades without coming back to the front line in afghanistan the u.s. which is withdrawing from the region has bought more than a dozen of the choppers from russia for the afghan security forces that are in the vehicle as the story. and then hits is the nickname soviet soldiers gave for the strong standing wind of afghanistan over twenty years ago they regarded him as their main enemy as they struggled through air missions over high mountains in extreme weather now it's the city's close these the soviet designed and why seventeen which made it seem as provided survivors. in
8:20 am
this helicopter may not be the most advanced but it's well protected from the destructive sounds unlike many of its alternatives is very powerful and perfect for the extreme climate of afghanistan if you'll be able to operate here for about twenty five years. or so the u.s. led mission in afghanistan and soon when they do the troops go the only seventeen's will maybe come back to face the advantage when it's once again russia will ship twenty one helicopters to venice than to help the country's security in years and pilots work together to perfect and ease up their aging and why seventeen's while it seems quantum physics to me afghan pilots are already familiar with the mission 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 nine hundred eighty four when
8:21 am
i go back to afghanistan to serve in the army we only had so good a craft those machines were the best to get to the most difficult and isolated parts of the country that the u.s. will be for afghanistan's and my 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 roots of a ten billion dollars out to the us is the art now that. russian engineers are working to assemble the helicopters to m.i. seventeen's prove that military might doesn't always mean advanced technology as long as it's got the tough stuff or that serene and they've beaten defiance weans before and then we go r t as a. parts are not targeted minutes past the hour muster booking a ticket to space is a dream for many but it's a dream that very few have managed to achieve the legendary commander of an apollo moon mission tells us how reaching zero gravity can actually shrink the. i think
8:22 am
the people who are astronauts are it's. 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 where we look back at the earth area that we had we get. to the window and everything behind our earth was was disappear everything that we'd ever know was a breeze that's sort of a feeling a feeling in significant really we all are back on earth like a club i thought and hide everybody. i know you can watch the full version of that interview in about eight minutes time right here. top heavy traffic and chaotic parking is
8:23 am
a daily headache in just about every major city in the world are people one able to find a parking space but often just leave their cars in any available spot or be it on the pavement or a bus stops but the mayor over the years capital vilnius i decided that a ticket just isn't enough how to look here as you can see employed simple yet effective means to flatten this car the owner of the cities of the bicycle lane make different credit as is part of the worst form of a scuffle with that tank and video is actually published by the mayor's office as a reminder to those who violate traffic and parking rules car i'm certainly glad i didn't park my ferrari that. i should probably clarify i don't have a ferrari and i don't even have a car i get to work on a tricycle but when i just a few minutes or an r.c. we meet the apollo thirteen commander the notorious mission that never reached him
8:24 am
in the first marine incident with the latest business update. hello and welcome to business here on our team now we start the south will term another generator in all which is taking aspirin so courts to get a lower price for russian gas the company argues prices are up to thirty dollars cheaper for a thousand cubic meters than the current long term contract it has with gas from that's one of the has all the details for us. gazprom says it already revised the gas price for the old last year at that time persuaded gazprom to sell a partner with gas at a price links to support prices which will lower than gazprom contracts now eon is asking for further reductions become pretty suffering had a losses due to the gap between gas problems price and that's only european markets which he'll serve but gazprom wants to stick to its long term contracts which it
8:25 am
says provide security for customers at only a small premium to support prizes the talks have lost today for more than a year now without success so now it is taking the matter to an arbitration court lawyers we've spoken to suggest it is it will be in the courts power to instruct gazprom to decrease what it charges but it would need a contractual reason to find in favor. of lawmakers in washington are still culpable together a deal to cut spending and avoid at that default all the plans to go through the process is inspiring little confidence in the markets and investors are concerned it's just a short term fix and the ratings agencies will see right through it. i think the market truly focused its intention. did you fusion being taken by the rating agencies right what the rating agencies do now under the boards in particular and
8:26 am
use the rating agencies would be more vocal about that they should have stayed in the room for you to dry and they say that if we don't see a credible long term plan for turkey to grow you shouldn't use the great harm or do we really really speak about it i'm not quite sure it will be convince the beacons of ground really practical solutions iraq are used to that idea that's right and if you can trust that that's that's the most important thing for us. let's take a look at the markets now or oil prices are under pressure following at this point some reports on the us manufacturing of concerns over the land light sweet is clearly trading at ninety four dollars for a barrel while bryant's is out one hundred sixteen dollars a barrel. and precious metals are gaining this hour as investors look for safe haven go this gaining almost one the science while silver as one and a half but almost one half percent there. let's take a look at what's happening in europe stock markets are lower with banks leading to
8:27 am
the clients people felt super science after reporting a one point one percent rise in second quarter profits swiss banks are also lowered with credit suisse group of over four point five percent and the london shares off xstrata tumbled six point two percent after the miners that first half net profit more than doubled. and it's a similar picture here in moscow we're both in the seas are in negative territory the arts yes is there over a percent while there my sex is one percent in the red let's take a look at some individual moves on the my sex and actually end banking stocks are weighing on the indices there gasper on n.b.c. the are down about one percent meanwhile russia's air carrier air flight is all sorts of by positive results. company has almost doubled its that profit in the first half of the year two hundred fifty three hundred forty three rather million dollars. the russian answer that investment group d.s.t.
8:28 am
global has bought five percent of social network twitter full four hundred million dollars and that's according to the financial times quoting a source close to the deal the newspaper suggests the investment might be the last one before twitter lists on both streets he is the global also owns almost eighty percent of facebook. russian mobile phone retailers as norway is still listed on the london stock exchange and twenty twelve the company's c.e.o. has estimated its value between one point six and two point eight billion dollars and it's up to forty percent of shares will be sold meanwhile says no one has reported its one six percent growth profit for the first half. then that's all business news for now for more stories you can always check out our websites are to call. in the meantime sits in for the headlines with or.
8:29 am
for the full story we've got it for. the biggest issues get a human voice face to face with the news makers.

30 Views

info Stream Only

Uploaded by TV Archive on