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tv   [untitled]    August 2, 2011 9:00am-9:30am EDT

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in india oh geez available in the movie the joint below to the home of the that's the gateway hotel the grand imperial true and the torch was pushed through until you can to let you know those little regional stability to go and. run this in the kernel was her job as used to retreat. the u.s. house of representatives swings behind the debt limit bill to avoid default and criticism that america still faces a harsh economic recovery despite 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 will be are not true for a financial crisis. nato members pressed for tough for u.n. action against syria's government in response to escalating violence but russia vows to block any resolution leading to libya style interference. by the
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israelis seized by a tidal wave of antigovernment protesters demanding sweeping economic reforms but demonstrators complain that some of just content is largely being passed over by the international. call songbirds this is a new squabble over gas prices for gas probably as a german adams it takes not more it will have more not any business in twenty minutes. just after five pm here in moscow this is artsy with me rule reception on the lower house of the u.s. congress has done its part to prevent a devastating default by supporting an eleventh hour deal to raise the country's boring 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 he's
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a fan of has more from washington. 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 that it avert 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
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to try to embarrass the president to make him look bad the irony in all of 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 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 election so no one really wins in this deal. cut off reporting right that the deal helps the u.s. of a default but it may be too early to heave a sigh of relief the. standard and poor's i'm going to use of both indicated they could still strip her of his prized aaa school financial analysts much cause of believes that the use of america's debt being seen as risk free. 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
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make much money trading aaa rated u.s. government that the spreads are very tight and there's not much money to be made it's foolish to think of this in terms 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 and junk 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 in currencies around the world they're buying silver because they realize that the american could takhar say and the folks on wall street have the american public by the juggler and are going to keep squeezing until they end up putting another fifty or sixty million people permanently into poverty and just destroy this economy for the purpose of making a quick buck these people are financial terrorists what a barak obama needs to do if you're working in the interest of the people would be to nationalize j.p.
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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. both the democrats on the republicans have to make concessions to reach the last minute compromise and neither view of the deal is being perfect financial writer peter build says the american public could and should turn on both parties for ruining the economic prospects. if anybody has one if you like it is the tea party the republicans that have held the country and held the president to ransom 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 result of this deal largely pressed upon the president by the republicans if vattel reads 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 veterans
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indeed even payments to current serving soldiers are in any sort of danger and it's 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 and the risk of the biggest economy defaulting has sent ripples all around the world with inevitable concern in asia with its heavy investment in u.s. death and its artie's appreciative reports despite the immediate economic relief more voices calling to an end to the dollars reign as the main reserve currency. asia has a huge vested interest in what's going on in the united states three trillion
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dollars united states debt is held by asian countries china being number one shipping on being number two so confidence has really gone down here stocks here are rallying people are obviously hot feet at this debt deal finally passed manually or it's here are actually shocked at how long it took chinese newspapers are calling this entire u.s. debt ceiling debate irresponsible and even a moral many critics of this deal are saying that this isn't going to do anything to help american unemployment which directly impact 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 but 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 the 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
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a lot of muttering fear in asia about perhaps an alternative reserve currency or perhaps looking into a basket current be including to pan and china as well parties or proofreader that bring us the asian markets reaction to the u.s. that. you are with could have your company today still ahead for you this hour but to the front lines we go we find out why the united states is sealed a multibillion dollar deal to buy legendary russian truck was found security force . and it brings a whole new meaning to taking the time and at the most so you need to find out what that sort of health you're going to see this for to try a little bit later in the program. for a show of barack obama springs. more death to syria scotland forces fire again on antigovernment protesters the un security council is set to resume discussions on
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the situation in the country amid reports of over one hundred being killed on sunday moscow has condemned the brutal conflict feeling to both sides for dialogue russia has been cautious about international action on syria fearing a repeat of what it calls a violation of the un mandate on libya it warns that any measures on syria must be restricted to solving and not aggravating the conflict as the e.u. expands sanctions on damascus a former u.k. ambassador to the country says it's the internal situation in the country that will eventually oust the president president. 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 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 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. meantime a western officials are ruling out military intervention in syria instead putting more economic pressure on the masks says sanctions against the country are inadvisable middle east expert joshua landis things they were stripped of measures will eventually backfire and only hurt the syrian people. all of the syrian opposition leaders who have now. elected executive committees have
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all demanded that there be no foreign intervention now of course foreign intervention is a very broad and gray area there is a dimension like libya but there is also economic strangulation which would 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. 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 in fact they are the people you don't want to hurt. all right so now eleven minutes past the hour here in moscow you without see much more for you twenty four seven at our website r.t. dot com now here are just a couple of the stories you can find there right now but fears of revived not cism
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the baltic states welcomes veterans of hitler's waffen s.s. to rally in estonia with fascism finding a pocket of support in europe. and urban panic a world where no strikes eastern russia becoming the country's first ever city tornado the thirteen minute twister that injured dozens and caused massive damage. the plane crash that killed at poland's president lech kaczynski along with much of the country's political elite can be blamed on pilot error that's not been proven by the polish investigation the interstate aviation committee has commented on the latest report published by warsaw on the reasons behind the tragedy that took place in russia last year poland previously challenge the findings of the committee that the plane crashed after pilots ignored warnings from russian air traffic controllers poland's report also highlighted various technical issues at the airport but these said the interstate committee did not have
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a bearing on the crash experts also point to psychological pressure placed on the flight crew by polish officials during the landing phase of the flight of the crash near the russian city of somalians killed all ninety six passengers on board the plane. in israel tel aviv's central square has been turned into tent city crowds of protesters have expressed their discontent with soaring prices and plummeting salaries for the anti's paula slayer reports peaceful demonstrations often go unnoticed by their government 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 the horizon very
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violent it's been very hard and been violent 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. coverage they didn't a younger woman set up a tent the editors of france twenty four b.b.c. and sky 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 a social protest over the river lucia 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 isn't surprised by the worldwide lack of media interest he's worked in the israeli press for decades but porting from media both foreign and local there is a box that the international media has put israel in and the israeli palestinian
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conflict also the israeli lebanese and syrian conflict anything that doesn't try to fit into that. type of of news item which is unfortunate that just makes hundred radius 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've had enough and where 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 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. tucker cornered by some of the people here an optimism perhaps the base can bring down the government in the way the neighbors in time his school. bus with the cameras they were willing to non stop here they pretty absent what you see on t.v.
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ten of these. are a quarter past the hour now here in moscow apparently you for many western channels where there's no violence there is no news an american blogger and 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 the leaders of israel are to get a lot of attention in the american media and israel is presented almost as a monolith a country when it's actually an extremely divided country a massive protest of the kind we've seen in israel about just the economic realities of people there are experiencing something americans have no understanding of because there's no context in the reporting israel's only reported in a context that it's conflict with iran or it's 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
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hear about whatsoever well you know when you look at the middle east generally speaking only about the arab countries only they have internal discord 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 there's 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 all kinds of economic uncertainty. you would r.t. a terrorist suspect has confessed to making a 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 comes a mosque on the more it exploded when the child touched it packed with nails but
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left the girl with a multiple cuts and severe burns and she's now being treated in hospital the twenty eight year old suspect is still being questioned by police and authorities now inspecting all schools and kindergartens in the region in connection with the incident. all right let's go to some other news from all around the world for you this hour and at least twenty three people have been injured in the northern iraqi city of kirkuk after a car bomb exploded outside a catholic church police say two further attempts to bomb christian targets were foiled at 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. israel's prime minister benjamin netanyahu has agreed to discuss a possible return to preach nine hundred sixty seven borders with palestinians the country has been occupying land in the west bank where palestinians hope to build
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their own state since the six day war you know has been follows a benjamin netanyahu is a consistent rejection of the same proposal put forward by barack obama in may in return the palestinians would be expected to drop their bid for statehood at the u.n. 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 converts to more militants broke in and held off police in a firefight lasted for two hours four guards were killed ten injured however several foreign guests did manage to escape through the rear of the building it's all about has admitted responsibility for the assault the latest in a rising number of attacks in northern afghanistan. japan's energy operator tepco has detected an extremely high radiation reading at the fukushima nuclear facility a record since the march quake and tsunami but recent levels are more than double
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the previous high and are considered fatal the company and government say they're still on track to bring the reactors to a safe state of cold shutdown by january meanwhile tens of thousands of people remain in a temporary shelter after a no go zone around the complex was in first. a legendary russian military helicopter which has been a service for decades is 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 parties that are in love has the story. and that it's is the nickname soviet soldiers gave to the strong steady winds of afghanistan over twenty years ago they regard it as their main enemy as they struggle through air missions over high mountains in extreme weather now it's easy described these as soviet designed and why seventeen which made its name as i've been in survivors. of the engine helicopter me
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not be the most advanced but as well from the destructive sounds unlike many of its alternative is very powerful and perfect through the extreme climate of afghanistan it will be able to operate here for twenty five years if. the u.s. led mission in afghanistan will and soon when they do with troops go the am i seventeen's will make it come back to face the afghan its winds and once again russia will ship twenty one helicopters to ever get is them to help the country's security in years and pilots work together to perfect and ease operating at m i seventeen's while it seems quantum physics to me after all 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 nine hundred eighty four
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when i go back to afghanistan or 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 that the us will be for afghanistan's m.-i seventeen's something which could american helicopter manufacturers and has been with congress juicing russian military air. craft conscious had plenty of helping hands after the soviet invasion and russia provided millions of dollars worth of military hardware and a roof and ten billion dollars down to the u.s.s.r. now the deal was sealed and russian engineers are working to assemble the helicopters and my seventy's proved that military might doesn't always mean advanced technology as long as it's got the craft stuff for that serene and they've beaten ever before and there you go r t. now looking i think it's a space is a dream and it's a dream a very few are lucky enough to achieve the let injury come out of an apollo moon
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missions tells us that reaching is zero gravity can actually shrink. i think the people who are astronauts are it's. the people who live on the. people who like to explore people who like to see something different or like open the doors when we look back at the earth three of that we had we. were to the window and everything behind. earth was was disappear what with everything that we'd ever know was it was that sort of use of feeling of feeling insignificant really we all are back on earth like a pub i thought about that height everybody. but if you'd like to see that in and of you in full you can in just over an hour's time right here. well heavy traffic and chaotic parking is
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a daily headache in just about every major city of the world people one able to find a parking space will often just leave their cars in any available spot be it a pavement or even a bus stop but the mayor of lithuania's capitol hill news has decided that a ticket just isn't enough because this here you can see how he employed simple yet effective means to solve this problem the owner of this must say he's called in a bicycle lane majorette it is called from vote for the bit worse for wear in a scuffle with an almost vehicle the video was published by the mayor's office as a reminder to those who violate traffic and parking rules and i have a feeling that mayor just lost one vote in the future reelection campaign. well in just a few minutes here in our city we navigate our way through rushers own answer to g.p.s. but first though it's time for the business with
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a very. hello and welcome to business here artsy the new legal specialists is being appointed in each of russia's federal distress so help improve the climate's the position of the so-called investment on boats is the brainchild of president dmitry medvedev their role will be to break down administrative barriers and be a point of contact for investors with the central governments. turned out or a journey all that is taking gas from two quarts to get a lower price for russian gas the company argues spot prices up to fifty dollars cheaper per thousand cubic meters than the current long term contract it has with gas from the center clinical has all the details for us. gazprom says it already revised the gas price for e.o. last year at that time persuaded gazprom to sell
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a partner with the gas and the price leads to support prices which will lower their gas problems contract now iata is asking for further reductions the company's suffering had a loss is due to the gap between gazprom surprise and that the only european markets which deal in third of the gas problem once to stick to its long term contracts which it says provide security for customers at only a small premium to split prices the talks have lost for more than a year now without success so now evil is taking the matter to an arbitration court lawyers we've spoken to suggest it is it will be in the courts power to infrastructure gazprom to decrease what it charges but it would need a contractual reason to find in favor. of stake a look at the markets now or oil prices are under pressure following a disappoint some of course on the us manufacturing of concerns over crude the marantz light sweet is currently trading at ninety for the. dollars per barrel
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while brands as at one hundred sixteen dollars. and precious metals are again in this hour as investors look for safe haven gold this came in over a percent while silver insult almost two and a half percent their. assessment of what's happened in europe stock markets there are low world with banks leading to the kleins being people felt supercenter after reporting zero point one percent rise in second quarter profits swiss banks are also lower with credit suisse group of four point five percent and london shares xstrata tumbled two point two percent after the miner said first half net profit more than double. and there's a similar picture and most go where both the indices are and negative territory the r.t.s. is then over one percent of all the my sex is news in point seven percent there let's take a look at some individual moves own them bisects energy majors and banking stocks
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all brain on the indices gas from n.b.c. b. are down about one percent their read all russia's air carrier air flight is supported by positive results the company has almost doubled its that profit in the first half of the year reaching two hundred forty three million dollars. russian internet investment group d.s.t. global has bought five percent off social network twitter for four hundred million dollars 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 wall street the s. think global also owns almost eight percent of facebook. some more solar cells nor less on the lawn than sucker exchange and twenty twelve the company's c.e.o. has estimated this rally would soon be one point six and six point eight billion dollars and says up to forty percent of shares will be sold me also as laura has
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reported the twenty six percent growth profit for the first half. and also the business is for now of or is next for the headlines. of the fleet we've got. the biggest issues get an invoice face to face with the news makers.

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