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tv   [untitled]    August 2, 2011 10:01am-10:31am EDT

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in india. the move to join the hotel. the gateway hotel the grand imperial truly the torch was the. closeness you
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see don't need to go. wrong this is the colonel was hotel retreat. the u.s. house of representatives swings behind the debt limit to avoid default amid criticism that america still faces. despite the last minute compromise deal. the bill is now in the hands of the u.s. senate after months of political bickering will it be enough to avert financial crisis. nato members press for tougher u.n. action against syria's government in response to escalating violence but russia. any resolution leading to a libya intervention. seized by a tidal wave government of protesters demanding sweeping economic reform but demonstrators complain that some of discontent is largely being passed over by the
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international media. welcome to you this is live from moscow 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 a political squabbling the bill could be signed into law later on tuesday if the senate also gives the go ahead. across the latest in 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. 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
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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 is a sugar coated satan sandwich to lift the ban and nobody likes what they see that 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
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in time for the elections so no one really wins in this deal. if i know for porting right well while the deal helps the u.s. if i may get default it may be too early to heave a sigh of relief the writing and joins a standard and poor's and moody's have both indicated they could still strip america of its prized aaa school financial analyst mike scott is a believes the days of america's debt being seen as risk free when i've. 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 this spreads a very tight and there's not much money to be made 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 the junk savers who are not getting any return on their investments
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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 takhar say 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. well 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 one sees preassure to reports despite the immediate economic relief
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more voices according to end the dollar's reign as the main currency reserve. 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 debt deal finally passed and many leaders here are actually shocked at how long it took chinese newspapers are calling this entire u.s. debt ceiling debate irresponsible and even immoral of 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
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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 a lot of muttering fear in asia about perhaps an alternative reserve currency or perhaps looking into a basket aren't you including japan and china as well. as appreciative that bring us the asian markets reaction to the u.s. debt deal well still ahead if you're in the program or naughty information vacuum. why mainstream media remains numb to the one hundred fifty thousand israelis demanding social. and that brings a whole new meaning to taking a look at this time versus the most fun of what so that's all about a little bit later in the program. a fresh
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outbreak of violence springs more death to syria as government forces far again on government. protesters the un security 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 meantime 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 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 asked 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
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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 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. i mean while the western officials are ruling out military intervention in syria instead putting more economic pressure on damascus moscow says that sanctions against the country are inadvisable well middle east
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expert joshua landis things the restrictive measures will eventually backfire and only hurt 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 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 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 and libya they haven't worked very much and when they have work daves not 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 they in fact they often hurt the people you don't want to hurt. all
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right and now just ten minutes past the hour here in moscow you with r.t. and of course loads more for you on our website r.t. dot com he's just too many more stories you can find with you on the line right now and. why not says i'm the baltic state welcomes veterans of hitler's waffen s.s. to rally in estonia with fascism of finding a pocket of support in europe. and world when strikes in russia becoming the country's first ever city tornado the thirty minute twister injured dozens and caused massive damage. independent experts say there are doubts of poland's investigation into the plane crash that killed president lech kaczynski as well as much of the country's elite was a checked of one who also agree that pilot error was the main reason behind the tragedy that took place in russia last year but there are still differences in its findings and those of the interstate aviation committee report highlighted various
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technical issues at the airport but these said the committee did not have any 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 the crash near the russian city of slovyansk killed all ninety six on board. in israel central square has been turned into tent city crowds of protesters have expressed their discontent with soaring prices and plummeting salaries but. reports that peaceful demonstrations often go unnoticed by the 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 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. back. in the studios ok there's a protest what exactly is a protest a social protest over the revolution 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 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 or so israeli syrian conflict anything that doesn't kind of further into
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the. type of of news item which is unfortunate that just makes hundred wayas 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 upset that when egypt decided to stand up and say we've had enough and in lebanon 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. cornered by some of the people here an optimism perhaps that they too can bring down the government in the way they made the same time his school. bus was the cameras they were willing to non stop here they pretty absent what you see on t.v. telling me. nearly quarter past the hour here in the russian capital with our team
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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 terrorists in the city of moore it exploded when the child touched it packed with nails the bomb left the girl with multiple cuts and severe burns she's now being treated in hospital the twenty eight year old suspect is still being questioned by police and authorities are now inspecting all schools and kindergartens in the region in connection with the incident. now let's get some other world news for you this hour and at least twenty three people have been injured in the northern iraqi city of kut of cook this after a car bomb exploded outside a catholic church police say two further attempts to bomb christian targets before the wounded included church staff and people from neighboring houses which were also damaged by the blast this is the latest series of similar attacks in the most
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of the 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 pre-one nine 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 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. two more militants broke in and held police in a firefight lasting two hours four guards were killed and ten injured however several foreign guests did manage to escape through the rear of the building the taliban admitted responsibility for the attack and it's the latest in
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a rising number of assaults 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 earthquake 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 however to bring their reactors to a safe state of cold shutdown by january meanwhile tens of thousands of people remain in temporary shelters after a no go zone around the complex was in forced. a legendary russian military helicopter which has been in service for decades is coming back to the front line in afghanistan the u.s. which is withdrawing from the region as what more than a dozen of the choppers from russia for the afghan security forces. has the story. i'm going it's is the nickname soviet soldiers gave to the strong sending wind of
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afghanistan over twenty years ago they regarded it as their main enemy as they struggled through air missions over high mountains in extreme weather and now it's the city's drive these the soviet designed and why seventeen which made its name as afghan and survivors. the engine of this helicopter i mean not to be the most advanced but it's well protected from the destructive sound unlike many of its alternative is very powerful and perfect for the extreme climate of afghanistan it will be able to operate here for about twenty five years so if. the u.s. led mission in afghanistan will end soon when they do with 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 years and pilots work together to perfect and ease operating of and why seventeen
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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 you know what. 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 that the u.s. will be for afghanistan's m.-i seventeen's something which put american helicopter manufacturers in a spin with congress using russian military aircraft. the conti's had plenty of helping hands after the soviet invasion and russia provided millions of dollars worth of military hardware and route tools and ten billion dollar debt to the us his are now the deal is sealed russian engineers are working to assemble the helicopters the m.i. seventeen is proof that military might doesn't always mean advanced technology as
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long as it's got the tough stuff for the terrain and they've beaten they have got it's wins before and then they go r.t. . right and not just about one of the top stories here an hour to hear the story of about one hundred fifty thousand protesters congregating in tel aviv to protest against the government for economic reasons among many others that's a let's get more details on this and talk to a journalist and blogger on the kauffman standing by live for us our thanks for joining us today you wrote in your blog suddenly israel isn't a story anymore we're far into the western media is apparent lack of interest in the mass protests why do you think the press doesn't take an interest. well that's actually a good question i think there might be a few reasons for that i think that a lot of news editors broad kind of take certain things for granted when it comes to the almost go on to sort of autopilot if it's not anything to do with the israeli palestinian conflict it's just not a story but it could also be. to credit the very very powerful jewish lobby in
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washington in new york to control the media to manipulate the media. so the reports of a hundred fifty thousand protesters simply flies on to the right don't. know i don't think it has anything to do with the american jewish american lobby in the states. those kinds of conspiracy theories are never true i just think that news editors are just so trained to see israel through one prism which is the israeli palestinian conflict and in a way they take the phrase if it doesn't bleed it doesn't lead to a certain extreme that goes a bit too far there are now a few people around the world have any idea of israel's domestic problems or the dispute with the palestinians as you were as you were saying it's really all the press talks about how can you change that and raise the profile of the country's demonstrators do you think is it possible. well i think first of all you have to have an understanding a bit more of what these demonstrations are and how they affect the israeli
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political system. it's true that most socio economic stories across the world aren't big stories that's the case in most countries when they reach a certain threshold for example of huge numbers of people that participate in a protest and also when they. affect have have the potential to stir up the political map as these protests do then these things should be should be mentioned in the press and they should be covered well indeed as you say starting up the political spectrum here you know there are one of the protesters demolishes is for a benyamin netanyahu to step down as we all know he's largely backed by the jewish lobby in the united states if he did resign would that get media attention how would the world respond to that is i mean you'd be hard to miss would it not. of course if he resigned and then of course all eyes would be on israel as again this would affect the israeli palestinian conflict any political change in israel has an
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immense. effect on on how the israeli palestinian conflict will pan out so i presume that if there is a chance of regime change the media coverage will be a bit more closer on israel but but the family that seems to have happened so far especially on saturday after the demo the huge demonstration in tel aviv and across the country of one hundred fifty thousand people it is quite odd seeing as how israel is in the news so often when it comes to something that could affect the political situation and it isn't covered this is actually in my view bad journalism and i found i just jump in here briefly and i apologize that we are running low on time here but many commentators have already said that this is rightly so similar to the arab spring what's your take on that. well my personal take is that it might have been affected by the arab spring but i believe that what's going on in israel now is a lot closer to what's going on in spain and specifically madrid. where the middle
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class is struggling the middle class has had enough and the middle class is now going out to the streets to demand change from its from this government all rights . journalist blogger thank you. for the heavy traffic and 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 its capital vilnius has decided that a ticket just isn't enough have a look at this here you can see how we employ very simple yet effective means to solve the problem the owner of this mercedes paul in a bicycle lane and make your three residences car comes off a bit worse for wear in the scuffle with an armored vehicle. a video was published by the mayor's office as a reminder to those who violate traffic and parking rules this one mr mayor
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charming stuff. all right in just a few minutes we meet the commander of the notorious apollo thirteen mission that never actually reached the moon but first though it's marina with the business. hello and welcome to business here on r.t. now a new legal specialist is being appointed in each of russia's eight federal districts to help improve the investment climate the position of the so-called investment on bottom and is the brainchild of president dmitry medvedev and their role will be to break down administrative barriers and be a point of contact for investors with the central government's. now german energy major eat only as taking gas from the courts to get a lower price 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
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has with gas from that's in the public of our has all the details for us. gazprom says it will read to revise the gas price last year at that time perswaded. a partner with gas at a price linked to sport prices which will lower then gas prices contracts now eon they can fulfill the reductions the company's suffering had a loss of due to the gap between the gas prices prize and that's all the european markets which even third but the gazprom wants to stick to its long term contracts which it says provide security a full cost of a at only a small premium rises the talks have lost more than a year without success so now iran is taking the matter to an arbitration court lawyers we've spoken to suggest it is that within the court's power to instruct gazprom to decrease what it charges but it would need a contractual reason to find in his favor. and let's take
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a look at the markets now u.s. stocks opened in the rad with investors cautious about the prospects of a recovery and a potential credit downgrade that's coupled with a report states in spending the climbed in june for the first time in almost two years and this is in the negative territory let's take a look at european stock markets they are lower with banks leading the declines higher bar felt super science after reporting a one point one percent rise in second quarter profits swiss banks are also low with credit suisse group all four point five percent and the london shares of startups humboldt's two point two percent after the minor side first half net profits more than doubled. and it's a similar picture here and moscow where both the indices are in negative territory the arts yes as down point nine percent of the sour while the my site is losing over half a percent then let's have
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a look at some individual movers on the my sex energy and banking stocks all weighing on the. the c.s. gas from n.v. to be our valid point seven percent meanwhile russia's air carrier air flow is up slightly and that supported by positive results the company has almost doubled its that profits and the first half of the year two point zero to end with a million dollars. from that investment group d.s.t. global has fought five percent of social network twitter for four hundred million dollars that's according to the financial times quote it has a source close to the deal the newspaper suggests the investment might be the last long before twitter lists on wall street the a c. global also owns almost eighty percent of facebook. russian mobile phone reseller says noir is soon list on the london stock exchange and twenty twelve the company's c.e.o. has estimated its value between one point six and six point eight billion dollars
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and says up to forty percent of shares will be sold meanwhile says no one has reported a twenty six percent of gross profit for the first half. and that's all the business news for now for more stores you can always have told websites are to call slash business but in the meantime states and for the headlines with.

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