tv [untitled] June 22, 2012 7:00am-7:30am EDT
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lol. breaking the silence so julian assange speaks from his current century in the ecuadorian embassy in london saying the legal proceedings against him have been deliberately delayed to allow the us time to construct a prosecution case it will be to cable. the scene of the world's top banks are left really not a rating agency moody's slashes of the credit scores. and battle field airwaves relations between russia and syria become the target of been through media as outlets get excited over false reports of military aid and massive joint war games.
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it's three o'clock here in moscow you're live with us on r.t.m. to bomb would say let's take a look at our first story the world's top whistleblower says he's optimistic about his political asylum bid in his first public comments since walking into the ecuadorian embassy in london with a request for century julian assange she also said the u.s. was building a case against him in the lead cables he applied for refuge as he faces extradition from britain to sweden which could eventually see him transferred across the atlantic parties etc for it in london for us. escape avoids these the words you're going to hear in the media at the moment relating to a soldier's decision what he said though is that this is not about avoiding the sexual assault allegations against him in sweden far from that is that he felt really this was never about sweden it was the fear of what would happen to him while he was in sweden and the involvement of the. not
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a very serious. and the announcement was made by discreetly. reduce government but i would be detained without charge if. i meet with your next edition they tried to pull before. you took part. from. the european court order to the right to the point of. the u.k. the part that you can run. by for the. procedure. or to explain it in any manner whatsoever to the court kept me tracked united while the united states prepared to meet. to the us is maintaining that a grand jury deciding whether there would be charges brought against him in the us
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remember that in the us as the knowledge and state secret carries the death penalty still remember we can make everything is just huge amounts of information and the u.s. diplomatic cables that were released in two thousand and ten were huge embarrassment to the u.s. government so i mean there is no mistaking the fact the julian assange is a man he's. from his actions and from what he said is very fearful of what would happen to him in the u.s. a license that. very now every forty eight thousand one hundred thirty five if they are. made in court. you can next. time. around. the grand jury. but you can. probably.
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get us a report by the f.b.i. well this is julian assange just chance really to set the record straight he's just spent his third night in the ecuadorian embassy of course this is the latest dramatic twist in the ongoing saga it's been an eighteen month legal battle for him and the end of last we saw the u.k. supreme court reject his appeal against the extradition to sweden and the legal team in asuncion self running out of options really and so he took this step seeking asylum at the ecuadorian embassy he says he's hopeful that that's going to be accepted if he were to go to sweden not only is the pretrial detention in sweden extremely harsh he wouldn't have access that he does right now to the media all the same freedoms remember he's been on house arrest in the case for more than five hundred days now no clear indication of exactly what the outcome will be and the
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stakes remaining extremely high a son has once again slammed the australian government for not doing enough to protect him the whistleblower says he has not consular contacts except for text messages over the last few years sydney based journalism he does or says the authorities they have never wanted to help us with his difficulties. ford you say hasn't tried that's the problem to state has an obligation to it's just protecting human rights we live in a. democracy we expect our government to act in a way that principled and courageous and to show leadership in the protection of human rights astray he has lost all moral authority to litter other countries on human rights i think it's a very sad day for our country if the senate does this region has a rather different arrangement with the u.s. to the u.k. so it will be easier to get to the u.s. from sweden but let's not ignore the fact sweden has covertly handed over people to
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the u.s. handed over sobs it is to the cia those people were tortured and in the end. it was a case of mistaken identity so swigs track record is not good we have a lot more faith in the u.k. legal system and in due process being followed in the u.k. a sounders place in a strange way he needs to be back here. under house arrest recorded a series of interview shows that iraqi on our team he's spoken to high profile and controversial guests including politicians activists and intellectuals among the interviews was one with a ecuador's president or a file korea and that's coming your way later this hour. reports of russian warships headed for syria the massive joint military exercises and let me read of putin's a sudden changes of hard regard in the assad regime they all stories flying in the
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mainstream media over the past week but which have been raising eyebrows in moscow artie's lower smith explores what's behind the speculation. that syria may be on the brink of civil war but it's already the subject of a full blown me diogo ship. o. ne ships that's been the question for the past week as reports twelve percent ship was on its way to sea according to the reports the battleships were laden with oh i'm still in troops and headed to syria it later turned out they would know when me syria they're in their home port of sevastopol empty but in the fog of war any reports however it accurate has some kind of influence as long as you have so many forces. excited about the your option and that is that in general it was just there and they were. going to get there through this information as usual so like they
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did before the iraq war and before. intervening in afghanistan in the late seventy's also there was a delay of some information there was one ship it was turned back off the coast of scotland after it was found to be carrying helicopter parts bound to syria q a sessions that russia was supplying combat helicopters to president assad we are concerned about the latest information we have that there are attack helicopters on the way from russia to syria which will escalate the conflict quite dramatically it's an allegation that russia's foreign minister sergei lavrov says is part of a propaganda campaign pushing for which is being discussed with these days that indeed it was scary for the defense systems and it was carrying the three helicopters which have been repaired in russia under the control of the size of the
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cells of a there was a soviet helicopter seventy five feet in syria from seoul did this and the two thousand feet there was a concert very few of the past two to be assembled when they are delivered the fifth of the symbols of the entire process wolf it was that three months or so to speak about something which we just sold to syria. that which is being used. in action is not truthful it wasn't only ships apparently war games were planned to a rainy a news agency fawaz reported that iran russia china and syria are planning to conduct joint military exercises in syria next month analysts think the story was planted by syria or iran as a show of strength but the us outlets took it up because it suited them for the us and use the agency love the story because it matches their narrative you know the.
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regime and its supporters in iran or russia or china or. they are the ones who are. the conflict instead of seeking. a story you know. and use agents use then there's the war of words british prime minister david cameron came out of a meeting with president putin at the recent g twenty summit saying putin no longer wanted president to act that in power in syria russia's foreign ministry later denied that was putin's position but was it a case of lost in translation wishful thinking on the prime minister's parts or another attempt to exert pressure on russia in the last fifteen months is being in media attack on syria that the crisis to syrian crisis is seventy percent of media so two percent on the ground so there is a quite a lot of stories every day. like for some odd of stations by just as
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a lot of those using you tube and there is no confirmed reports anymore it's said the first casualty of war is the truth and all this international rumor mongering and jockeying for position comes at the expense of the syrian people the situation doesn't change. regardless of which country won the latest battle of words laura smith r.t. . fifteen of the world's largest banks have been rocked by a credit score downgrade with rating agency moody's they're delivering on what it had long promised to do those heading through goldman sachs and morgan stanley bank of america bank of scotland and the doj bank financial pa houses domestically and internationally the move could make it harder for them to keep existing clients or track new ones and their money it's also fear the downgrades could trigger a fresh market panic and
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a new exodus to gold but charlie mcgrath the economic blogger and founder of the website why don't wait news says the end goal of the river is just spread fear my colleague kerry spoke to him earlier. i think what we're going to see is this play out over the next couple weeks we're going to see more fear we're going to see more gloom by the mainstream business media in order to affect what the city bank and they're going to be in just a week ago came out and said that they needed they needed a shock to the market they need to get political cover not only the politicians here in the u.s. but they need to give political cover to the folks in europe as well so they can continue their process of battering in eviscerating representative government there and consolidating more power and handing it up to brussels is far is that the euro falling apart i think that that will not happen we will see the crisis escalate we will see fear and panic and i believe personally it is engine ears fear and panic in order to implement the agenda that they've talked about for
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a decade now global financial governance you need to have fear in order to take away people's sovereignty so how will these big banks react to the stand all the days of rampant risk taking that. no absolutely not carry a in fact look let's look at some facts here you know pre-crisis in the united states the top five j.p. morgan chase bank of america citi wells fargo goldman sachs they made up under forty percent of our economy in two thousand and twelve in june as i sit here and speak to you there over fifty percent of the economy you know these banks don't have to worry about risk these guys are writing the law in my opinion they are writing the law that governs not only this country but the world. a day after hillary clinton declared china appeared to be curbing oil purchases from iran new figures show that its imports have actually risen by thirty five percent since just last month beijing is now even urging iran to sell the axis oil it's accumulated as a result of sanctions and lost exports to europe well for more on china's
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a newfound enthusiasm for iranian oil let's talk to kian mokhtari columnists and commentators live from toronto you so much mr mokhtari you for joining us here on our team now western media is awash with reports that the sanctions are working and that iran is feeling the pressure you're into run are you feeling the impact the. world serious like rising we've seen a price rises in an interrogatory on foreign goods purely because the dollar has risen but really we're not feeling the pinch in the way that it's being touted overseas obviously the u.s. would like to overplay it too to make sure that it still has that authority figure globally. now reports saying iran's got a lot of oil stockpiled right now do you hear my that oil do you think. well there
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isn't a stockpile of oil because the oil that was going to europe was around seventeen percent of iran's total production. now some of the countries iran has voluntarily some of the countries iran has decided not to supply because of overdue payments of . various other reasons but iran is there there is an increase. to china and perhaps india in due course. as there will be increased. let's look at other aspects of western sanctions on iran in that shipping companies have been forced to pull the insurance for iranian tankers how's it going to get its oil to any potential future by it's having these sort of problems. well there are minor problems are there arrangements can be made the western insurance companies are not the end all of it the sales to
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china i mean because you'd think china would not buying more because the manufacturing figures have not been particularly strong but with a rising dollar which in vastly affects the oil. it's prudent for china to buy oil at current prices because you know brant is for the first time went over ninety dollars for these trading around ninety dollars today actually so it's prudent to buy was the price is a good as far as china is concerned because china holds something like three trillion dollars in paper dollars and in bonds so it's a good time to spend this money so if china does by iran's acts as oil would in that essentially neutralize effective message of the western sanctions on iran. but the western sanctions were just a big big show to start with. everybody there isn't an or you glock but in the
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world there is just an off oil going around the reason why the price of oil has gone down is because dollar has been strengthening. and also because the world economies are are going into a recessionary trend again we don't know what's going to happen as i pointed out china's powerhouse. index their manufacturing index was fifty point four now below fifty that's considered a contraction in manufacturing so it's not that there is too much oil or oil is losing its value it's simply because that the world economy is doing badly and the dollar is strengthening at the moment so there isn't i wouldn't read too much into the sanctions there are lots of customers for oil worldwide and there are ways around the u.s. sanctions the u.s. cannot expect to declare unilateral sanctions every every time and expect the world
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to to put up with the hardship of the world carries on and does its own business and does what it's right for for its markets. right so you've painted a different picture to what everybody's obviously thinking is happening in iran in terms of the sanctions and in terms of oil by now if the united states is that they've promised that sanctions against any country that continues to buy iranian oil apart from the ways that it has made exempt what it did actually sanction china do you think. no the u.s. cannot sanction china because china holds three trillion dollars worth of u.s. bonds and dollars and china could quite easily get back at the u.s. . a different variety of ways that will happen also the u.s. market is the biggest buyer of chinese manufactured goods so that deal is not going to go down and if china and india refuse this it would have been a nonstarter from the from the very beginning so perhaps it would have been better
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for the obama administration to admit that it made a grave mistake but you can't paint too much mind to media and probably city you've seen what's been happening in syria and the public city surrounding that and seeing a very red faced hillary clinton we are in a very delicate time in terms of global financial transactions and it's not prudent to proceed with thought out actions such as taking unilateral action signing it declaring your natural sanctions against iran and threatening other nations the u.s. is for all intents and purposes bankrupt with a hundred trillion dollars worth of debt i don't know you know i don't know who is going to pay up this gamble if it does right what is the end of their economy i'm going to just have to wrap it up there thank you so much for enlightening us on that subject. now
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a look at some other stories making headlines around the world and parents are here square you're watching live pictures are coming from they thousands of people have gathered for friday prayers islamist groups are calling everyone to stay off of the service and protest against assange actions of the kind military rule is they believe the government is exceeding its powers and is trying to delay the results of the presidential runoff. two bombs have exploded in a crowded market in northern baghdad killing at least fourteen people over one hundred were wounded in the blast in the mostly shiite muslim neighborhood the latest data comes just hours after gunmen opened fire on a police checkpoint in the west of the city killing three officers over one hundred people have died in a wave of violence in iraq in the past fortnight with shiites and government security forces the main target. now some shocking footage now of
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a horrendous crash on a rural road in central russia in which two people died what do was to be an ordinary trip for the driver who filmed it ended up with witnessing as you know from a nightmare now as you can see the driver of an oncoming truck lost control of to the brakes failed you can see it plowing through the lines of traffic on both sides of the road some of which burst into flames almost unbelievably the driver of a van involved in the jumps out of the rag at the end physically and her unharmed but badly shaken after these horrific crash. but now said it to people lost their lives while nine others aware injured in that horrendous question can see that guy just coming out of the crash now time now for the business news and the annual meeting of economic heavy hitters the same petersburg forum is in full swing in russia's north korean capital.
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business r.t. and danielle bush l. is there for us with exclusive in-depth coverage of the high profile gathering hi daniel the economic forum is that dominating financial headlines here in russia what's on the agenda today. but the message is hurry up from delegates here they want the russian business revolution speeded up just big speeches and promises won't cut it anymore as what we're being told president putin did make all the right noises in his big keynote speech about selling russia's crown jewels like john landis tycoons here the point to the fight that's been postponed over the years so many times that they've lost count but the main reason being put for putting it off by the government is the continuing ill health of the global economy to discuss this i'm delighted to be joined by the vice chairman of citi group worldwide a call is good heroes call us cities one of the fifteen top banks that's just been downgraded by moody's do you agree with that move we wholeheartedly disagree. we
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think it is a backward looking. ratings change we don't think they've taken into account the tremendous improvements made by the industry so very disappointing very disappointing what are the material effects you expect as a result of this week it's hard to say at this point. but. we believe it is unwarranted. uncalled for and of course like a review mirror view of the banking industry in the us let's broaden this out washington and brussels what do they need to do to find we tackle this euro dollar roys in a crisis as a top bank well it should be a brussels first of all it is a european situation obviously we would like to see it dressed i think conceptually . one of the things that we learned is you have to do it big and you
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have to do it sure. and. piecemealing it is not to solve the problem and actually it could make it get worse so. it's interesting these days that. very often we're you know we think we're talking about economic issues or financial services issues when roxy talking about political issues and. it's politics that's getting in the way of solving a lot of the problem to explain well you know the leaders of the heads of states in europe don't seem to agree on a course of action. and then. there will be politicians who take advantage of a strengthening brussels that will bring about a new type of politics in. it is quite remarkable it almost seems like.
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the economic situation is a symptom and in the real problem is can can our political system solve these problems strengthening how it's taking advantage of the strength and power profile what do you mean by that grabbing more powers centralizers that is that's a bad thing is it that well the there's a sense that they have to do that because they want to keep the union together. instead of becoming less europe european they need to become more europe. and that would naturally fall to brussels. to to have more stars are you worried about the consequences of that as well why i think they have to do a move like that i don't think standing still is workable. i don't believe anyone wants to see the dismantling of europe so you have to take a step in the direction of having more authority over the fiscal situation in each country and they did have a guideline and
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a lot of countries blew right through it well some of them lied about it where in the rules and. it's all over russia. speeches but will emerging markets like russia continue to grow countries in the west europe is we're going to thing that is is clear is the the the demographic situation in large developed markets. as people grow older. they invest less or the bar is they're buying a home maybe if you're into your apartment childer or is a sense that. the longer term investments will pay off more in emerging markets middle classes are growing. we're seeing levels of inequality improve so we hope this is a trend and for citi group this is you know we we are about the most global bank in fact i can't think of anything more global. than citi group so this trend has been
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very positive for a bank like ours it's really interesting cause but your response chairman citigroup thank you katie is on almost to this do you have the latest figures for us. hello there don you're going to quickly have a look at the european markets because you've just been talking about citi so let's have a look at the other fourteen let's have a look of the fourteen banks that were downgraded by moody's today and this is the reaction on the markets a puts it down eight tenths of a cent other dogs around seven tenths of a percent the us markets are also down as well the common currency is taking a hit as well as the ruble losing out to the u.s. dollar and the year in the session as well as that was go all prices managing to gain a little bit more momentum in the last hour or so as don't think below ninety power was seen as excessive by the markets go great to stop after such a price and just stand the markets the now we'll be back next hour from simply just back on the business tab. well thank you so much the katie for that update i'll be
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