Skip to main content

tv   [untitled]    May 24, 2012 8:30am-9:00am EDT

8:30 am
hold freebird video for your media project it's a free media. dot com. four thirty pm in moscow these here are the headlines egyptians are voting for a second day but they're still unclear over which powers the ruling military will cede and whether the winner will respect the people's revolution none of the thirteen candidates is expected to win a majority which will mean another poll next month. latvia's nursery nightmare nazi sympathizers film showing off a real war weapons to kindergarten kids and what's billed as a vital lesson in national history has raised alarm over the glorification of nazi is. iran's nuclear talks resume but progress proves it elusive as terror on says it will curb its activities without the west ending sanctions iranian officials say
8:31 am
the talks are tricky because the u.s. and e.u. stance is almost as tough as that of israel. up next on our t.v. how washington could be undermining its own economy through its foreign policy the interview coming up. we're sitting down with clyde prestowitz founder and president of the economic strategy institute in washington he led many u.s. trade and investment negotiations with japan china latin america and europe in the reagan administration and served as vice chairman of president clinton's commission on trade and investment in the asia pacific region one of your recent articles is called trading jobs for military bases where you're basically saying that the u.s. secor five this its economic interests in the name of geopolitics. a very very good recent example the obama administration has just announced
8:32 am
a so-called pivot to asia so the idea is that the u.s. is switching the focus of us military a geo political activity from afghanistan and iraq middle east to aid to the pacific and to china to the china region and doing that in a way on their minds its ability to continue to invest to be competitive with chinese production or with japanese or other asian production well if we take china as an example we know that the u.s. administration is also going out of its way to persuade china to buy less earing in oil for example. what sacrifices could they possibly be offering to the chinese in your opinion you're right the u.s. is asking china to buy less arabian oil the us is asking china to put pressure on north korea to stop its missile program so we're asking the chinese to do
8:33 am
a lot of geopolitical things what we're not asking the chinese to do is to stop manipulating their currency to keep their currency undervalued as a. subsidy for their exports we all complain about that we say fine well the u.s. does complain about it their call we don't bashing china no no this is ministration tim geithner the secretary of treasury refuses to say that china is manipulating its currency he will not formally say that because formally to say it would then compel him to take some action he doesn't want to take any action because he knows that that would cause a huge conflict which i mean we heard president obama say that he put together a team to deal with right well as the other team to deal with unfair trade practices he didn't say currency program remember that. in the world of globalization tree it is handled by the trade
8:34 am
representative by the world trade organization trade does not include currency currency is always handled by trades reason ministries of finance and the i.m.f. to separate tracks so when the president says he's doing with unfair trade he's not talking currency. and when he talks currency he doesn't say currency manipulation because he doesn't want the conflict and he doesn't want one of the conflict because by not forcing the currency issue it makes it easier for the president has the chinese to buy less iranian oil or to ask the chinese through pressure the north koreans to stop their missiles so he doesn't want that conflict because he wants that has them to buy less or when he'd rather ask them to buy less arabian oil and he would ask them to stop manipulating the car which in your view is damaging to the u.s. economy well i think the currency problem is
8:35 am
a very significant challenge to the u.s. economy. and i actually think it's more and more of an important challenge than the iranian oil also in one of your latest articles you imagine you try to imagine a statement by hillary clinton addressed to china. piece of it so it's quite pressed of it writing as if you work every clinton addressing the chinese you see our mutual friends in asia such as the southeast asian countries and japan and south korea want to keep doing business like crazy with you but also want us to be a kind of counterweight so that they don't totally fall under your influence because we're no longer economically competitive our only counterweight tall is our military which we are anxious to you know to a guy with a hammer all problems look like nails but we don't really think you are new it's just that we only have a hammer now that you have pretty much taken all the other tools no tools left
8:36 am
really well the u.s. is suffering declining economic component the soul we have a big trade deficit we're heavily in debt to china to the rest of the world i mean we're we have so many areas. expertise left but our major source of international power is not economic its military and we're a lot like actually the former soviet union. soviet union didn't collapse because it lacked military strength it collapsed because it lacked economics from the same things happening to united states do you think it's collapsing well not not collapsing just yet but it's not only good trick making someone in the administration behind very closed doors would explain to you that it's how the us is protecting its economic interests through military means what would you say if
8:37 am
you heard that explanation let's look at the so-called the the new pivot to asia. we're beefing up our military deployments in the western pacific there's no threat to us the western pacific china is not going to invade the united states north korea's missile is can't reach the united states american oil doesn't come through the straits of malacca so what's the threat how is it that this military deployment is protecting our interests. i don't see it i mean i think it's an infatuation with empire i think it's an infatuation with the exercise of power it's a legacy of the second world war and of the cold war and we have a big national security machine. and that machine is powerful politically and our system and it looks for ways to make itself useful and so that's what it does but it's not clear to me that this is in the interest of the united states the
8:38 am
incentives in the system right now are for the production of tradeable girl and the provision of tradeable services to leave the united states the united states is not pursuing any of the policies necessary to reverse the incentives because it's total focus is on the geo political. priority because it's all about military bases and expanding u.s. military around the globe it's all about maintaining the primacy of the u.s. national security establishment you know at the expense of the u.s. economy yes in terms of jobs but not the interests of big corporations well also the interests of big corporations why global companies can achieve a short to medium term benefit by moving production to china or elsewhere where they get big subsidies and incentives however typically when
8:39 am
they make these moves they also are compelled to transfer technology. and what we've seen in many instances of the past is that an initially they seem to do well but as they transfer technology. other competitors crop up and begin cock up overtake them and so they do well for five or ten years and then suddenly they're out of business let's go back to to the second feiss and concessions that the u.s. makes in the name of geopolitics as you were arguing the subject that you brought up is very interesting and i want to talk a little bit about the gulf region the u.s. has a vast military presence there and it's building up in terms of let's say political concessions one example is bahrain when the u.s. basically has eyes wide shot human rights violations there arguably because of its fifth fleet that bahrain hosts and you were talking about economic
8:40 am
concessions don't you think they go hand in hand with the you was breaking its political principles as well oh yes i do you know i mean i think the situation in bahrain is extremely painful to the us in terms of human rights we clearly should be on the side of the shiites but we've sided with the ruling sunni regime because of the base of the system in the gulf and so yeah i mean i think we compromised. so it's not just economic concessions that the u.s. makes but also political well something. you know some kind of compromising of our own principles. something i know that. in all conversations i had with economists in america at a very high level of concern about china a fear of china's dominance if you will i want to understand what is at the root of
8:41 am
the problem is is it just money it is just money in the economy one would argue the u.s. and china are very mutually dependent so what is there to be really concerned about though no actually that there's so much fear of china i think there's more fear of the future of united states i guess the way i would say it is this. you know if you i mean if you play the card game bridge. but if you think of globalization like a game of bridge and you say that you know each country has a head of cards and you ask yourself which country has the best hand you know if you were playing the game whose hand would you like to have. and if i look at all the cards i would say well the united states still has a lot of good cards i'd probably prefer to play the u.s. hand but in bridge you can have
8:42 am
a really good hand and you can still lose if you play badly. and right now i would say the united states is playing very badly we're not playing our cards well we're not playing our cards well because we have focused on this geo political priority on this military national security priority we keep playing the great game we keep putting troops in afghanistan and the fleets in the persian gulf. pivoting to asia while other countries like china like brazil like germany are focusing on investing and educating and innovate and becoming more competitive but we're not doing and i think that is the source of concern and worry in the u.s. thank you very much ok good to see you.
8:43 am
here the reindeer is interesting for the herders. and when it suffers. people do their best to help go. the distance. will the remedy.
8:44 am
my parents really truly honestly believe that what had happened was as a result of my father's exposure to agent orange i was born with multiple problems . i was missing my leg and my fingers and my big toe on my right foot i use my hands a lot in my artwork i find myself drawing my hands quite a bit to me for my hands you know just as if anyone would. but they do tell a story they tell a story of. the oxen. egyptians
8:45 am
voting for a second day but still unclear over which powers the ruling military will see and whether the winner will respect the people's revolution none of the thirteen candidates expected to win a majority which will mean another poll next month. a lot of years nursery nightmare nazi sympathizers film showing off a real war weapons to kindergarten kids billed as an essential national history lesson it's nonetheless raising the alarm over the glorification of naziism. iran nuclear talks resume but progress proves elusive as tehran says it will curb its activities without the west reducing sanctions brian officials say the talks are tricky because the u.s. and stance is almost as tough as that of israel. union joins us now with the sports news and european club football season essential he reaches this conclusion tonight
8:46 am
yet certainly does pretty much all the leagues and cups around the continents are knowing where they're going except in spain where barcelona have a chance to win their first trophy this year more not coming up in just the. thanks for joining us this is sports today plenty head over the next ten minutes including all this. calling follow a stomach bug the rules to find a room on ships going out of euro twenty twelve plus the injury problems mind progression monitor to caprica. pick the puck pick a child's best are already in the russian capital with newly crowned champions to moscow taking center stage. on the surface to find out who claim the bragging rights when a rally car went up against a helicopter no less than a three receive bend in the. first football where russia's defensive problems ahead
quote
8:47 am
of euro twenty twelve continue to monitor dick advocaat confirming on thursday that . has been ruled out of the tournament with a stomach problem the local t.v. moscow foldback missing training the last couple of days after coming down the stomach complaint the bug later deemed to be more serious than initially thought with the twenty five year old starting to lose weight combined with showing no improvement in his condition the decision was then made to leave him at home to further blow for of the canvas central defender facility brzezinski who also missed the tournaments with a feisty and head coach meanwhile also stating he will be in his final twenty three months after friday's friendly with the euro why are. so troubles ahead for dick advocaat and co the dutch specialist prepares to leave russia into battle against one of the world's stronger national sides this week why the team in moscow local fans grasping at the chance to meet at liverpool forward louis swore as in person
8:48 am
the luck motif stadium in the capital fellow superstars do you go for lomond edison cavaney also me at the trip and all three have been confirmed starters tomorrow night you're a quiet currently ranked third should prevent testing challenge for russia south africa person in his final year of twenty twelve squad for sure then fly to live on may twenty ninth before heading to italy on june first for their final warm up game . the last big club game of the european football season takes place tonight barcelona aiming to put a largely forgettable season by on them when they take on athletic bilbao in the final of a cup of del ray mouth watering prospect expected to trade the clash bringing together two teams so if you attack as the only policy the fact that it's both sides a last chance to win a trophy this season should certainly add spice to the occasion athletic lost in the final of the european league parsa came up short in the league in the champions
8:49 am
league tonight's game also marking the last in charge of the capital. but it is after the final will start another era with no glory all and with tito villanova it would be wrong to think that tito alone will win the league the champions league and all the other times the whole team needs to be more focused than ever before to achieve that. basketball into the n.b.a. where philadelphia their best of seven series against boston in the eastern conference semifinals the seventy six years to what they needed to end game six winning eighty two seventy five through holliday scoring for the post with a twenty point lead means the series will go to the final decisive seventh game in boston on something. about they play with. their a lot of energy tonight a lot of energy from the building. you know are really just out there played a smart just you know fortunately they missed free throws this elaborate road.
8:50 am
to russia sex the recent ice hockey world championships this week saw the stars all of the domestic game lauded for their achievements the cream of the kitchen gathering in moscow to mark the end of the season with a lavish award ceremony this year surprise package i'm going cup winners' di now moscow the squad in the spotlight boss is nora who inspired the bit of lights to their maiden kitsch ultron was honored as the best coach alexander got to make oh was named top goaltender his team is going to fail and neeson who rediscovered his scoring touch letting fourteen goals in the playoffs was included in the season's best team meanwhile those who had little to cheer about domestically this season put their disappointment to one side to celebrate russia's world championship win on. the set up here for both. two years ago i won the prize but my team was defeated in the finals this year it's more special because we won the cup i think all the individuals we've received to know it all because of our great teamwork
8:51 am
this season. you know if it wasn't the best season for scoring is we've failed to grab the car however it's always a pleasure to get the word i'm very happy to be chosen for this season's best team but winning the world championships everything. i'm good at so the kitchell season has wrapped up for another year with moscow left to celebrate their inaugural ice hockey crown so let's look back there and enjoy the moments that mattered from the play off final series just go on between the nama. and. it. seems. to me smug.
8:52 am
to me. me me me. me me me. me me me me. the leg. length.
8:53 am
mum mum. mum. mum . me. lead
8:54 am
. the live. live the way. live . live live . live live live
8:55 am
. hard hitting isn't the word now finally terrorists with a different synastry or a best of three series shoot on was needed to discover just who is pay c.s. to iran to track a car or a helicopter in one corner we have the proton to rally suspect vehicle with children he pulls the twenty and victory over an herb or no bullets is why the action and rescue helicopter want to similar show done last year drivers alister mccrae p.g. understand putting the pressure on their herb born colleague jim wright from the
8:56 am
off goodbye swiftly taking the first round all their surface to air about. the helicopter pilots kept the blades turning though to even the score in the second leg swedish driver understanding gather the crew told to the no three in the do or die final showdown meaning i grounded approach looks to be the winning one for. another when you say we create stuff another is all your sport for our weather is next year and twenty four hour r.t. . world of. science technology innovation all the moves developments from around russia we've got the future are covered.
8:57 am
in russia would be so much brighter if you knew about sound from phones to impressions. these phones don't totty don't come.
8:58 am
8:59 am
that's.

38 Views

info Stream Only

Uploaded by TV Archive on