tv [untitled] August 2, 2011 9:01am-9:31am EDT
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a letter to the socialist to say don't need to go and. read this and the colonel was hoto as a retreat. the u.s. house of representatives swings behind the debt limit bill to avoid default amid 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 it be enough for a financial crisis. nato members press for tough for you when syria's government responds to escalating violence but russia to block any resolution leading to libya style interference. and israel is seized by a tidal wave of anti-government protesters demanding sweeping economic reform but demonstrators complain that some of discontent is largely being passed over by the international media. plus own business and we squabble over gas prices for
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gas probably as a turn on and then to takes not only for it but have more on that end business in twenty minutes. just after five pm here in moscow this is with me received 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 barring limit after months of stalemate and political squabbling the bill that could be signed into law later on choose day if the senate also gives the go ahead . 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 averts the self imposed potential crisis of a u.s.
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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 nor the right really liked what came out of the deal at the end we saw one democrat said that this is a sugar coated satan sandwich you lift the bun and nobody likes what they see and
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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. cut off reporting right that the deal helps the u.s. of a immediate default but it may be too early to heave a sigh of relief to rating giants standard and poor's on mood to use a vote as indicated they could still strip america 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 make much money trading aaa rated u.s. government debt spreads a very tight and there's not much money to be made it's foolish to think of this in
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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 a 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 kleptocracy and the folks on wall street have the american public by the juggler and they 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 barak 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. both the democrats on the republican side to make
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concessions to reach the last minute compromise and neither view the deal as being perfect financial right to appeal to 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 eades to a downturn in the us economy if people start seeing that possibly that their welfare payments their social security. their health care payments to to to veterans indeed even payments to current serving the soldiers are in any sort of danger it's not clear who they will actually blame in the end it is quite possible
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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. debt and as a teaser preassure to reports despite the immediate economic relief more voices calling to an end to the dollar's reign as the main reserve currency. asia 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 chip pan being number two so confidence has really gone down here stocks here are rallying people are obviously happy that this deal finally passed and many leaders
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here are actually shocked at how long it took chinese newspapers are calling this entire u.s. debt deal debate 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 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 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 in 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 a basket of current me including japan and china as well. bring
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us the asian markets reaction to the u.s. debt deal you are with it's good to have your company today and still ahead for you this hour back to the front lines we go we find out why the united states has sealed a multi-billion dollar deal to buy legendary russian truckloads of scott security forces. and it brings a whole new meaning to taking the time and the mercedes find out what that's all about and you're going to want to see this for the little bit later in the program . but for a show of barack obama springs. death to syria government forces fire again on antigovernment protesters the un security council is set to resume discussions on the situation in the country amid reports of over one hundred 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
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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 the internal situation in the country but will eventually oust the president 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 disaster then they are more likely to turn against him the moment he has talked
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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 mean time western officials are ruling out military intervention in syria instead putting more economic pressure on damascus moscow says sanctions against the country are inadvisable middle east expert joshua landis things that restrictive measures will eventually backfire and only hurt the syrian people. all of the syrian opposition leaders who have matt said and elected executive committees have all demanded that there be no foreign intervention now of course foreign intervention is
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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 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. all right so now eleven minutes past the hour here in moscow you without seeing much more for you twenty four seven at our web site on t.v. dot com here are just a couple of the stories you can find there right now but here's all revived not cism the baltic state welcomes veterans of hitler's waffen s.s. to rally in estonia with fascism finding a pocket of support in europe. and urban haneke
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a world where no strikes eastern russia becoming the country's first ever city tornado a thirteen minute twister 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 now 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 colons report also highlighted various technical issues at the airport but these said the interstate committee did not have 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 smiley and killed all ninety six passengers on board the
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plane. right in israel television central square has been turned into tent city crowds of protesters who express their discontent with soaring prices and plummeting salaries but as aunties paula 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 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 violent and also been very positive. well into week three the largest demonstration in israel in over a decade and how did a.b.c.
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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. in the studios ok there's a protest what exactly is a protest a social protest or 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 is really palestinian conflict. and syrian conflict and anything that doesn't kind of foot into that. type of of news item which is unfortunate that just makes hundred wayas and others
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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 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. double talk here cornered by some of the people here an optimism perhaps that they too can bring down the government in the way they made this entire his school. bus was the cameras they were willing to non stop here they put you up since you see on t.v. televisions. all right quarter past the hour now here in moscow apparently you fool 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
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never been brought into the spotlight. many americans think somehow the israeli government is very popular the leaders of israel get a lot of attention in the american media israel is presented almost as a monolithic 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 you know when you look at the middle east generally speaking they talk only about the arab countries only they have internal discord never hear about israel's internal discord and the fact that this uprising
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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 economic pressure food prices rising oh all kinds of economic uncertainty. you would see a 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 terrace in the city of qom some old school no more it exploded when the child touched it packed with nails the bomb left ago with multiple cuts and severe 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. or.
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all right let's get 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 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 one hundred sixty seven borders with palestinians the country has been occupying land in the west bank where palestinians hope to build their own state since the six day war the announcement follows a benyamin 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
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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 conducts two 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 but taliban 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 the recent levels are more than double 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
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remain in a temporary shelter after a no go zone around the complex was in forced. 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 r.t. is that enough has the story. i've got it is the nickname soviet soldiers gave to the strong sending 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 and now it's these the soviet designed am i seventeen which made its name as afghan and survivors. the engine of this helicopter 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
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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 us troops go the only seventeen's will make it come back to face the afghan is wince 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 easy 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 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
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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 to m.i. seventeen's prove that military might doesn't always mean advanced technology as long as it's got the tough stuff for that serene and they've beaten their guidance wins before and then we go r.t. . now booking a ticket to space is a dream but it's a dream a very few are lucky enough to achieve the legendary commodity of an apollo moon mission tells us that reaching is zero gravity can actually shrink one's ego. i think the people who are astronauts are cause it's. the
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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 areas that we had we could go to the window and everything behind our earth was was disappear what with everything that we'd ever know i had or thought it was that's sort of a usual feeling of feeling insignificant really we all are back on earth if i could put by thought up and hide everybody. well if you'd like to see that interview in full you can and just over an hour's time right here. well heavy traffic and celtic parking is a daily headache in just about every major city of the world people unable 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 capital vilnius has decided that
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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 these parts in a bicycle lane majorette it is called from go for the it was aware of the 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 i have a feeling that may have just lost one vote in the future reelection campaign. well in just a few minutes here and i'll see we navigate our way through russia's own answer to g.p.s. but first though it's time for the business with mary. hello and welcome to business here on r t now a new legal specialists is being appointed in each of russian's eight federal
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districts so help improve the investment climate the position of the so-called investment 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 government's. german energy. is taking gas from the courts to get a low 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 telephonic over 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 a part with gas at a price linked to support prices which will lower their gas prices contracts now eon is asking for further reductions the company's suffering had a loss is due to the gap between the gas prices prize and that's only european
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markets which even serves the gazprom wants to stick to its long term contracts which it says provide security for customers at only a small premium to support prizes the talks have long stood for more than a year now without success so now iran is taking the matter to an arbitration court lawyers we've spoken to suggest it is that 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 stake a look at the markets now oil prices are under pressure following a disappoint some reports on the us manufacturing that boosted concerns over crude demand light sweet is currently trading at ninety four day. barrel well brands as at one hundred sixteen dollars. and precious metals are again in this hour as investors look for safe haven gold this game in over
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a percent while silver unsolved almost two and a half percent there. the second of what's happening in europe stock markets there are lower with banks leading to the kleins being peabody felt supercenter after reporting a one point one percent rise in second quarter profits swiss banks are also lower with credit suisse group all four point five percent and london shares xstrata tumbled two point two percent after the miner said first half net profit more than doubled. and there's a similar picture and moscow where both the indices are in negative territory the r.t.s. is down over one percent while the my sex is losing point seven percent there the second look at some individual moves on the my sex energy majors and banking stocks are way down the indices gas from n.b.c. b. are down about one percent there meanwhile russia's air carrier air flight is supported by positive results the company has almost doubled its that profit in the
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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. t. global also owns almost eight percent of facebook. russian mobile phone retailer says nor is celeste 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 says up to forty percent of shares will be sold meanwhile says noah has reported a twenty six percent growth profit for the first half. and that's all the business news for an allegory is next.
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