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tv   [untitled]    August 2, 2011 11:00am-11:30am EDT

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in india oh she's available in the movie the joint be the jewels the home of venus the gateway go to the grand imperial truly the torch was the. you can a letter to the socialist see don't need to go and. read this in the kernel was her job as a retreat. the u.s. house of representatives swings behind the debt limit bill to avoid default i mean criticism that america still faces a harsh economic recovery despite the last minute compromise that. the destiny of the bill is now in the u.s. senate after months of growing up that will be an up for play actual crisis. nato members pressed for tougher u.n. action against syria's government in response to escalating violence but russia valves to block any resolution leading to a libya style intervention. but israel is seized by
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a tidal wave of antigovernment protesters demanding sweeping economic reform demonstrators complained so called summer of discontent is a largely being passed over by the international media. also on business it's a sea of red and the markets that are going on the force have investors morning for more on that in business in twenty minutes. worldwide news live from moscow this is our rover solution 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 if the senate also gives the go ahead. is across the latest
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developments for us 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 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 tightening 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 elections 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 of this
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is that neither the left nor the right really liked what came out of the deal at the end when democrats said that this was a sugar coated satan sandwich with the bun and nobody likes what he sees 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. that was kind of right there now let's get more of what's in store for the u.s. economy from general semantics from the trends a resurgence of time to a publisher of the trends journal thank you for joining us today ratings agencies s. and p. and moody's have said that nothing less than four trillion dollars in spending cuts would allow the u.s. to keep its aaa rating but with cuts only worth about half that amount how imminent is the downgrade do you think. well whether they downgraded or not officially each downgrading itself just look for instance what's happened to gold prices since this
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charade began to take place on the beltway this budget battle gold has gone up over one hundred twenty dollars an ounce the whole world knows what's going on and i heard your prime minister putin say that the united states is acting like a bunch of parasites and that's what this is when it comes to the dollar so sorry can you explain why have the gold prices skyrocketed so much so quickly well because there's a devaluation of the dollar it's been going on for a long time but they're not calling it a devaluation what they're doing is they are flooding the world markets which eat dollars just as the europeans are doing with cheap euros so the more the product is out there the less valuable it is so it's a de facto devaluation put in real terms again when you see gold prices skyrocketing that's what it means the dollar is it worth the digital paper it's not
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printed on. let's keep our focus here to this last minute raising of the debt ceiling here you know when it really was a last minute deal the u.s. lawmakers finally stop bickering and got on with it but how but how does a all of this political wrangling in washington impact on america's reputation with investments. problem but you know what's a reputation a reputation is by what you deliver it and i did states can't deliver the united states can't deliver on its wars that loses wars where there are rock afghanistan the war on drugs the new war with libya they are losers the government did everything that they touch look at all the trillions of dollars the tens of trillions that have been pumped into the system since the panic of zero eight struck by the federal reserve by d.c. with the stimulus bailouts too big to fail everything they do they turn to failure why would any thinking adult look at the republicans and the democrats the annetts
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and the incompetence to come up with a program that's going to salvage the nation investors having confidence and looking to the same people that caused the problem to resolve it that's called insanity. now when you were mentioning ultimately the american people are going to bear the brunt of whatever cuts truly are put into effect one might question why put cuts in the public sector for example when the u.s. military which is the biggest military budget in the world in fact the combination of the entire world put together why doesn't america just cut on its wars and honest and massive massive defense spending because the business of america when i used to be a young man it used to be business now the business of america is war and you can see why the new ones that obama's started and the old ones that he keeps going and you would just listen to general do like the eisenhower arguably you know one of the five star general the supreme commander of the allied forces in europe during
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world war two two term republican presidents and he warns the american people that the military industrial complex is taking over the country what more proof do you need rory now we have the former general petraeus who is the brains behind the new afghan surge now he's had. the cia so the whole thing is defense and war it's the american mind set of the ruling military that's in charge or if i if i may just jump in just for a moment going back to the issue of raising the debt ceiling here. with us politicians from from what i've read raising the debt ceiling is only going to stave off default for six months what happens after six months do we go through all of this ago the american economy as well as much of the global economy is heading into the greatest depression anything everything that you're doing is not going to salvage you if you have a third mortgage it's like taking out a fourth in
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a fifth so what now just let's add this what is this going to do by cutting back how is that going to create more jobs how is it when you have twenty five million people that are working not all have part time jobs how is that going to fix the real estate problem which by the way the prices of all the more dramatically since two thousand and seven since the great depression of the one nine hundred thirty s. how is it going to fix the trade deficit problem it's not a great depression is underway and all they're doing is trying to make it look as though they have a plan to stave it off they're not going to gerald with some answer from the transfer socials that and publisher of the trends journal thank you you thank. well i still have you here on r t the information vacuum we reported by mainstream media remains to one hundred and fifty thousand israelis the mining social change.
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and it brings a whole new meaning to overtaking have a look at this the tank versus the mercedes. find out what that's all about a little bit later here on the program. a fresh outbreak of 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 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 a repeat of what it calls a violation of the un mandate on libya and 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 to us that the internal situation of the country that it will ultimately asked the president that of president assad. the
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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 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. does 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 night unite all syrians behind the government in fact. so i don't see
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any prospect of it while western officials are ruling out military intervention in syria instead though putting more economic pressure on damascus moscow says sanctions against the country are inadvisable well middle east expert joshua landis things the restrictive measures will eventually backfire and only hurt the syrian people all of the syrian opposition leaders who have met. elected executive committees are all going to be no foreign intervention now of course foreign intervention is a very broad and gray area there it's your turn to mention like libya but there's also economic strangulation come on 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 in libya they haven't worked very much and when they have worked started it was not the government and
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that's the danger of sanctions it's the feel good because you feel like you're doing something and you could tell the opposition you're on their site but in fact they are going to hurt the people you don't want to hurt. with r.t. and much more for you waiting on our web site r.t. dot com has just two of the many more stories you can find on line fears of reviving narcissism with baltic states welcomes veterans of hitler's one to rally in a stone with fascism and finding a pocket of support in europe. and the urban panic the world when it strikes eastern russia becoming the country's first ever sixteen tornado the thirteen minute twister injured dozens and caused massive damage. to an independent panel of experts says that there are doubts that poland's investigation into the plane crash that killed president lech kaczynski was an objective one also agreed that pilot error was the main cause of the tragedy in russia last year but
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there are still differences between its findings and those of the moscow based interstate aviation committee let's get some more details on this now cross writes our g.'s because going to where you go to the dispute over the reasons behind the catastrophe has been going on since the crash itself that's the final word now. well i think it's safe to say that the polish sign and the findings of the interstate aviation committee here in moscow they do have a similar understanding of the facts is that it was the actions of the crew back to cause to this catastrophe involving the post president's plane but it's when it comes to the details that to be our understanding seem to differ first of all the polish side claims that the crew made correctly decisions but were not able to implement them whilst of the interstate aviation committee says that to the pilots decisions were wrong and that's why they were not able to put them into life
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and the interstate aviation committee said that the only correct decision at the time was to stop the descent and move to another to a stop a substitute airstrip due to the weather conditions at the time of the incident now also when we think about why events could have caused that brings us to psychological pressure if the polish side says that there was no psychological pressure on the crew at the time of the descent and this is mining the fact that to be head of the polish air force was in the pilot's cockpit at the time. the interstate aviation committee says just due to all the international rules and regulations the sole fact that you head off the pause air force was in the cockpit there with the pilots says it clearly shows that that was the direct psychological pressure of now i was able to personally speak with the head technical expert
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within the interstate aviation community here's what he had to say on this. the presence of the commander in chief of the polish air forces who was actually the person who was the. main commander for the for all the crew members and as we good information he was all responsible for morning call and call for supervising z.-e. crew training on top of the war and for some like that and of them through the cockpit and we can see that. he several times he informs the crew about the actual altitude so you may say that he was doing some of the actions of the pilot not flying so our or pilots and our
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experts we have a technical investigation you know we better not consider this to be psychological so a commotion or pressure of the crew members. so the interstate aviation committee says there are two the main cause of the plane crash was the lack of a decision a decision to start the descent move over to another airstrip whether it was done because of psychological pressure or just by trying to avoid responsibility for not landing at the time at that place that was because now also we talk about the differences of the understanding of the situation on the poles side and by the interstate aviation committee poland says that the airstrip itself was not a radii to receive any planes while be interested aviation community says it was sort of pied to receive planes there were minor defects which but they could not have alone caused this tragedy but all in all neither of the findings of neither of
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the aviation committee or all of the polish side were aimed at finding the person who was responsible for this should be there were just simply studies the situation miles separate investigations are still being conducted into finding who directly was responsible for that catastrophe all right i think you're going to is going to fare live in moscow thank you. well in israel television central square has been turned into tent city crowds of protesters have expressed their discontent with soaring prices and plummeting salaries and artie's paulus reports the 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. very violent
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it's been very haven't been vote at all it's been 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 young a woman set up a tent lobby editors of france twenty four b.b.c. and sky coughed up just a few meager seconds perhaps not even that interesting to. look. in the studios ok there's a pro to what exactly is a protest a social protest for the revolution it's not the same kind of story that they used to it's not as big and dramatic as some of the bigger revolutions happening around the middle east and i'm here because russia 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 the israeli palestinian
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conflict or so it is really syrian conflict and anything that doesn't kind of fraud 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 you 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 in lebanon they've 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 street has been. it's not a corner of the people and optimism perhaps the base to bring down the government in the way the neighbors it's not it's quick it's fast with the cameras they were voting nonstop yeah they put it at six. ten i think.
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but apparently for many western channels where there's no violence there's no new television journalist and blogger i mean kaufman believes that such an approach simply reflects a poor standard of international reporting i think that a lot of news editors broad kind of take certain things for granted when it comes to really almost going to sort of autopilot if it's not anything to do with the israeli palestinian conflict it's just not a story news editors are just so trained to see israel through one prism and in a way they take the phrase if it doesn't lead it doesn't lead to a certain extreme that goes a bit too far first of all you have to have an understanding a bit more of what these demonstrations are and how they affect the israeli political system. it's true that most socio economic stories across the world are a big story that's the case in most countries when they reach a certain threshold for example of huge numbers of people that are that participate
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in a protest and also one of the. effect i have had 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 seeing as how israel is in the news so often and when it comes to something that could affect the political situation and it isn't covered this is actually in my view bad journalism. you would r.t. now a terror suspect has confessed to you making the bomb that injured a five year old girl following in 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 homs the most going on more exploded when the child touched it packed with nails the bomb left the girl with multiple cuts and severe burns she is now being treated in hospital but 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
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the incident. right now let's get to some other news from around the world for you this hour nato has sent more troops into the cause over after a week of conflict between ethnic albanians and serbs border violence killed one because of a policeman and peacekeeping forces under fire the alliance says the additional troops are not there to beef up its presence in the region but to provide immediate relief for soldiers who have been on the ground since fighting began tensions were raised last week when one cause of another police seized two border checkpoints to impound a excuse me impose a pattern rather on imports from. at least twenty three people have been injured in the northern iraqi city of cook after a car bomb exploded outside a catholic church police say two further attempts to bomb christian targets were foiled and wounded included church staff and people from neighboring houses which were also damaged by the blast this is the latest in a series of similar attacks in the muslim region where minorities are regularly
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targeted by insurgents and religious extremists. israel's prime minister binyamin netanyahu has agreed to discuss a possible returns of pretty 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 you know as one follows a benjamin 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 un and formally recognize israel as a jewish state. rights heavy traffic and chaotic parking is a daily had i had taken 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 on the pavement or at a bus stop but the mayor of a little way has capital vilnius has decided that it just isn't enough have a look here see how we employ a simple yet effective means to solve the problem the owner of this part of
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bicycles just. that's comparable work for awareness coupled with an on the vehicle video published by the mayor's office is a reminder to those who violate traffic and parking rules i would imagine that's going to work quite well for future potential offenders dorota time now for the business with me. hello and welcome to business here on artsy now i knew the legal specialist is being appointed in each of russia's eight federal districts so help improve and fast and climates the position of the so-called investment is the brainchild of president new video of their role will be to break down in the streets of barriers and be a point of contact for investors for the central government's. turn on energy major illness taking gas going to courts to get
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a lower price of russian gas the company argue spot prices are up to thirty dollars cheaper per thousand cubic meters than the current long term contract it has with glass spot that's on the political that has all the details for us. gazprom says it already revised the gas price for last year at that time igor persuaded gazprom to sell a part of the gas at a price linked to support prices which will lower their gas pumps contracts now eon is asking for further reductions the company's suffering had a loss of due to the gap between gas pumps brize and that's all the european markets which he own third of all gazprom wants to take its long term contracts which it says provide security for customers at only a small premium to support prices the talks have lost to the 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 it will be in the courts power to instruct
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gazprom to decrease what it charges but it would need a contractual reason to find in favor. and same with the story analysts claim gas monopoly is in a difficult position as it started to lose some profits or markets are going on and all the children partners they demand for more things actually especially they will go to surprise the only hundred percent of support based i think that's the key risk actually with gazprom losing its profits from the other hand many criticism is from the european partners because basing even guessed from doesn't follow that kind of flexible. with european partners they will lose market share so now that's a balance between be losing market share and losing the profit. well let's look a look at the markets now it's more or less a sea of red everywhere in the u.s.
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stocks are in the red as investors are cautious about the prospects of a recovery and a potential credit downgrade that's coupled with the reports that some spending to be climbed in june for the first time in almost two years kept in this news in the red now let's take a look at what's happening in europe stock markets are lower with banks leading to the clients in the part of boffo at super sons after reporting of body twenty one percent rise in second quarter profits swiss banks are also low world with credit suisse work point five percent and the london shares of xstrata its home poll two point two percent after the miners said first half net profits more than doubled. and it's a similar picture here in moscow both the indices ended the trading session in negative territory the r.t.s. closed down point super cents more than my sex last point six percent so let's take a look at some individual movers on the my sex energy and banking stocks were
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weighing on the indices gasper almost down point seven percent small fee to be lost almost one percent reading all russia's era carrier air flaunts was up slightly supported by post the results the company has almost doubled its net profits and the first half of the year reaching two hundred and forty three million dollars. and that's all the business is for that all the headlines are that story. so.
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lucky. it's. feet.

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