the financial world moves. back to serious development having not started city very slowly taking on the demand for credit not going to get any economic benefit in life there are groups and there are folks. iraq's crisis grows as isis militants continue to gain ground zero washington weighs its options on how to handle the iraq's worsening conflict the latest just ahead and the fighting in eastern ukraine may come to a halt a new president has proposed the ceasefire but will anti kiev fighters agree more on that coming up and it's no surprise to see a lot of add a video is on you tube but how about ads that market stolen credit cards and happening tools a look at that later in the show. it's

wednesday june eighteenth four pm in washington d.c. i mean you're a david and you're watching r.t. america we begin today with the latest in iraq president obama met with top congressional leaders today to discuss ramping up u.s. involvement in the country white house officials stress that several options remain on the table and no decision has been made iraq's foreign minister says is formally ask the u.s. to launch air strikes against the militant group isis the president has reportedly for now ruled that out as an immediate option according to the wall street journal the concern is that the u.s. u.s. commanders don't have the intelligence needed to determine clear battlefield targets meanwhile there's been no shortage of criticism regarding president obama's handling of the conflict particularly from the right just yesterday former vice president dick cheney and daughter liz wrote a wall street journal op ed accompanied by a video for one of their new nonprofit advocacy groups called alliance for

a strong america take a listen to their critique of president obama. the policies of the last six years that left america diminished and weakened our enemies no longer fear us our allies no longer trust us empty threats meaningless red lines leading from behind and engagement with rogue regimes that put america on a path of decline while the dual rails on the current president's so-called failed foreign policy mr cheney has also received his fair share of criticism over his reach abroad specifically over whether his teil ties to the oil company halliburton played into president george bush's invasion of iraq in two thousand and three here is rand paul back in two thousand and nine on that. change the new that i mean that's what we're going to. do you need to work for over a hundred million over here this evening that i'm going to do it. in

a war that ended in controversy as the violence reignited so does the war of words here back at home. and i'm a round in iraq the country's biggest oil refinery beijing has been shut down and its foreign staff evacuated local staff remain in place in the military claims it is now in control of the facility the refinery in beijing sits less than fifty miles north of the city of to crete which militants seized just last week the beijing refinery accounts for a quarter of iraq's entire refining capacity and while the process is oil entirely for domestic consumption like gasoline cooking oil and fuel for power stations and outage there could lead to greater chaos in the country the stakes for the oil markets are high as the iraqi government tries to gain control over the situation to talk about what the iraqi crisis could mean for the global economy earlier i spoke to peter schiff he's the president of euro pacific capital inc i first asked him how iraq's domestic economy would be an impacted if the beijing refinery falls

into the hands of the militants. well you know i'm really not sure how it's going to impact iraq but you know i think there's a situation there that unfortunately we helped create which is one of the reasons among many that i was opposed to us going into iraq in the first place because i was afraid that once we went in there and withdrew that something like this would happen and now we're in a situation where we have no good policy options left well iraq is the second largest oil producer in opec and has the fifth largest crude oil reserves when you look at the global economy how large of a role does iraq play in the world oil market well i mean on the margin it's a significant supplier and i'm bullish on oil anyway i think the price of oil is going up regardless of what happens in iraq but to the extent that iraqi production

is disrupted by civil war that's only going to be more bullish for the price of oil and it's going to affect the global economy in that oil is going to be more expensive and that's going to be a negative unless of course you own oil and you've got to sell so there are some economies that might benefit those that are supplying oil into the market and others that have to buy oil are going to have to pay more for it and that's like a tax and what kind of impact could the crisis has the civically on large gas consumption countries like china and india what they have to look elsewhere. well i mean there's oil as long as they're willing to pay for it and you know it's just going to bid the price up but i think the demand is going to continue to grow in emerging markets like china and asia i'm more worried about our china india i'm more worried about how it might affect the united states because american consumers are already tapped out they're loaded up with debt they've got part time low paying jobs and americans drive a lot i mean more than any other people we're dependent on our cars we don't have

a really great public god transportation system a lot of americans have to drive a long way to get to their low paying jobs and they may not be able to afford higher gasoline prices i think the chinese or the indians based on how little they drive are more likely to afford the increases and then americans so do you expect the price of gas to go a lot and in the coming days for american drivers well i mean i can't forecast that in the coming days i mean in general i think the price is more likely to go up on any given day than it is go down because i think gas prices are headed much much higher you know it's interesting we got the fed minutes today and janet yellen in her testimony said that she's still worried that inflation is too low that inflation is below her target i mean first of all inflation can't be too low the lower the better but if you look at the trailing c.p.i. for the last twelve months even the government acknowledges that inflation is just above two percent so how is two point one below their two percent target i don't

know how the fed is massaging these numbers and it's likely that inflation numbers are going to get higher trend higher in the future and obviously significant increases in oil prices that's going to bleed through to the top and also electric electricity bills that is only going to make the c.p.i. worse. we had a lot of time about energy independence from the middle east and the u.s. take a listen to this clip of what the north dakota treasury secretary said to u.s. troops earlier this year. to help make our nation and our world an energy independent country so that you and your fellow officers and and enlisted folks never have to go over there again in order to fight for the well that we all need. so apparently we're going over there to fight for oil what are your thoughts on what she had to say well that may be the very reason that we went there in the first place it might have been over oil some people thought it was over other

things but you know i could certainly feel for the families that lost loved ones or americans who lost limbs and saw their comrades fall because they were told they were there to restore an independent and democratic iraq and now the whole thing is falling apart and we may in fact leave iraq in a worse place than when we found it and it may even be a greater threat to america as a result of having deposed saddam than it would have been had we left him in power and considering the u.s. has spent large amounts of money on this war of course also on the afghanistan war how much should that weigh on their decision on the kind of involvement. they choose to have in iraq right now well first of all you know we borrow the body which is even worse and so if we're going to go back into iraq which we're going to have to do if we want to prevent the country from disintegrating we're going to have to borrow even more money but here's the problem and i mean you know you talk

about two wrongs maybe making a right we never should have went in there in the first place but if we don't go back in there the whole thing is going to fall apart and our whole foreign policy is going to collapse if we do go back in there to restore order we can never leave it's like a permanent occupancy of iraq how is that going to go over in the middle east and how much money are you have to borrow to pay for that all right peter schiff president of euro pacific capital thanks for joining us and you have me on. over the past decade iraqi christians have repeatedly fled their homes out of fear of persecution looking to other countries to provide refuge from the violence oftentimes those refugees were able to return home after the danger subsided but with sunni militants now gaining a major foothold over significant parts of the country we're turning may not ever be an option artie's manila chan takes a look at how iraq's current state of upheaval is dealing a new blow to iraq's dwindling christian community. remember this place called

babylon once home to millions of christians their rock oldest religion has been nearly wiped out of the country but how did this happen christianity was brought into iraq in the first century by the apostle thomas and his pupil iraq is actually one of the oldest continuous christian communities in the world and has subsequently been persecuted for almost just as long as the vatican has voiced concern about the flight of christians out of iraq and the middle east driven out by endless wars and poverty and discrimination during those wars for centuries iraq's christians have fled to the northern mountains of al cowshed where they found protection from an unlikely ally kurdish fighters known as the peshmerga and now with the recent fall of power far at the hands of isis some of the country's christians have one to get and fled to al coach before two thousand and three there

were approximately one million christians primarily in the northern regions of iraq today there are less than half that number approximately four hundred fifty thousand some reports even say that number is closer to three hundred thousand as tens of thousands of christians are fleeing their homes into nearby syria and jordan the christian nonprofit organization open doors ranks iraq as the fourth most dangerous place in the world to be a christian now it's hard to believe but many christians felt safer under the dictatorship of saddam hussein who ruled with a rather secular government relative to others including isis in fact saddam hussein's foreign minister tariq aziz his real name was actually michael you hanna following hussein's execution christians in the region reported extreme violence against them back in two thousand and ten during the infancy of isis in mosul christians reported that isis thugs were stopping random people on the street

asking them for identification the purpose. if someone had a christian name such as michael they'd be shot dead right there on the street by isis militants with iraq's christian numbers dwindling so rapidly it's even garnering attention from pope francis who is calling for peace and posed this question to the world who is selling them weapons from washington d.c. military. now to the crisis in ukraine president petro poroshenko proposed a unilateral ceasefire by his troops today to allow and have separatists in the east a chance to lay down weapons or leave the country there's no word yet on whether and fighters will agree. has more from moscow. versioning go did say that there is going to be a very short term ceasefire implemented unilateral ceasefire implemented in south east of ukraine but he did emphasize that it's going to be extremely short in the

amount of time that he's going to give to all armed groups in the region to lay down arms the details are supposed to follow in the next couple of days now that that decision seems to have come to a late night phone call which was conducted between the ukrainian president and russian president putin what could not be immediately tied to that phone call is another decision made by the ukrainian leader and that is to possibly lay off the interim minister of foreign affairs who has made kind of a tourist name for himself in recent days after appearing at a riot by the russian embassy in kiev and behaving in the following manner. because it was so good at the three. it's not yet clear exactly how it will go ahead with delivering on his first promise concerning the cease fire in the south east of ukraine but it does seem

however that he has already found a possible replacement for the interim foreign minister. now as our teams are going to go. a major ruling that would have allowed defense attorneys to view secret documents related to a domestic terrorism case has been overturned the case relates to twenty year old. who was accused of trying to detonate a fake car bomb given to him by undercover f.b.i. agents near a downtown chicago bar that would defense team were quested to review the secret records from the foreign intelligence surveillance court which were submitted in order to figure out whether the search warrant had violated their client's constitutional protection against unlawful search and seizures earlier this year u.s. district judge sharon johnson coleman. ruled that indeed the defense could review the fai's of court records writing while this court is mindful of the fact that no court has ever allowed disclosure of files of materials to the defense in this case

the court finds that the disclosure may be necessary she went on to write that an accurate determination of the legality of the surveillance is best made in this case as part of an adversarial proceeding adversarial process is the bedrock of effective assistance of counsel protected by the sixth amendment regardless of that decision on monday the u.s. circuit court of appeals overturned her ruling agreeing with prosecutors that letting dodes lawyer see the flies a court records would endanger national security appellate court judge richard posner wrote our own study of the classified material has convinced us that there are indeed compelling reasons of national security for the records being classified though it is certainly highly unlikely that lawyers would snowden like publicize classified information in violation of federal law they might in there is ill to defend their client or misremembering what is classified and what is not and in

virtually say things that would provide clues to classified material that decision was alternately reached after a closed door meeting with government officials and prosecuting attorneys. and still ahead here on r t criminal and videos have been cited on you tube that includes marketing stolen credit cards and even offering tools for criminal ventures more on that after the break. i marinate join me on the impartial and financial. area interview and much. only on the bus and.

washington. is being sued. for cd. player that doesn't do too much for ad revenue my own tech agriculture giant seventy six year old american farmer based in india fallout. is going to create for the cia do you think that's what's triggering. the largest but it's also the largest debtor nation in the history of the world that is mostly it all turned to the status quo forming a real point of working for the american dream for the next they were just trying to survive this time for americans and lawmakers in washington to wake up and start talking about the real causes a problem. for you like me once a comedy news with some key points of comedy news to be

a bare fisted no holds barred fight to the dead. like a vampire fighting into the necks of the corporate elite the billionaire freaks while they're going. well that's what you get with my new show redacted tonight. most of us associate youtube with listening to new music or perhaps finding do it yourself dio's on home improvement but what about how to on credit card fraud believe it or not you tube is littered with thousands of videos promoting compromised credit card numbers for example someone could type something as simple as c.c. fulls we're just playing for a full package of identifying information on a credit card holder and a couple thousand videos will pop up in other cases the perpetrator maybe even liven up pitches by incorporating them into an authorized samplings of famous

musicians but here's a real catch you tube actually allows these videos to play while sometimes even running advertisements for legitimate credit cards or retail outlets alongside them and that means the cyber criminal may profit not just on the fraudulent credit card info but also on the credit card companies that had their data stolen in the first place it's all laid out in a new report put out by digital citizens alliance joining me to discuss is the founder of s. s. p. blue all right so when comparing ads for a compromise credit card numbers on you tube with the underground marketplace silk road the group found that there isn't that big of a difference i mean considering you tube is really considered you know the playground for everyone including lots of children and teenagers how learning is a. well i got to tell you it is alarming and he and it's especially alarming because there really is no platform like youtube you said it best it's not just

everyone uses it and it's a very unique technology that the world has embraced and because of that i think you tube and its parent company google has really gotten itself into a unique position of responsibility that is starting to look at it from the perspective of let's define the moral compass here of the company do you want to be involved in situations like this and what you hadn't mentioned just yet but i think is also clear in those ads is you tube is actually profiting from this and that is the most important takeaway is if there's no profit it's a different conversation but that's not the case here at all yeah i was just going to touch on that you know these videos are embedded with advertisements that google is ultimately approving mean does that mean that the company that google is effectively in business with people perpetrating these crimes. if you put this in the physical world setting which we really do have to do whenever we're seeing

anything online is what's the real world comparison it's almost like saying let's stand a person in a it was create a storefront that says when you come in here we'll show you where their criminal activity is we'll show you how to engage with that criminal activity maybe even learn from it and by the way as part of this we're going to make some money no mall in the world would allow that and in many cases law enforcement would be saying wait a minute we need to take a look at this so i think that's one of the things to consider and whether you tube should be doing something and the second it. technology piece is this if you can show really good stuff to the world when people are searching you find it on you tube you find it through google it comes it it almost reads your mind it's so good at analyzing what you're looking for well the same is true in stopping bad things you don't you can show the good but find ways to stop the bad and i want us the unique position right and i want to touch on that in a minute but as i want to make something clear as far as advertisers go do they

have a say at all and what videos they're advertisement is attached to or is that completely in google's control well there's definite policies that google has and you tube has and at the same time that advertisers have the problem is that there's a definitely a disconnect here advertisers i think are going to be pretty surprised if you take a look at target american express wal-mart some of the majors out there who spend billions of dollars every year building their reputational brand and all of a sudden the target breached and credit card fraud is coming at the same time an ad next in a video next to their ad that's something i think is going to rest. stir up a lot of people inside the target so i think those conversations definitely need to happen if they haven't already happened and do you think that compromises the relationship consumers have with the companies that you know that they put their money into but i think it consumers are paying attention to the question they're

going to ask is what's going on here why is target advertising next to a video about how to steal credit cards does that really make sense and i think the question almost kind of answers itself and google hasn't yet responded to the revelations of this specific report but the company would likely say that it's not feasible to look at every single video with thousands upon thousands of videos of course on the website i mean what can google really do to tackle this problem. well you know it's easy to say it's not feasible but if you're going to build a brand if you're going to build a technology that can truly deliver results when you're looking for something in a mirror united do this every day just google it quickly just google it will get an answer which means that the technology is capable of delivering and displaying what your looking for if that is the case step back for a second that means that the technology is also capable of making a choice of not displaying things that are criminal in nature and therefore not

profiting by them and he will you are not so many engineers in there that can figure this out absolutely new and i've actually talked about credit card fraud credit card security before i want to go back to the basics the idea of purchasing credit card numbers on line a lot of people don't quite understand how easy how cheap this is can you talk about how the internet has really shaped this kind of fraud well one of the things that the internet has done is remove geographic boundaries legal boundaries when it comes to not just legitimate things but also illegal things and what thieves are doing is they're banding with other thieves and figuring out that i can reach the masses by simply advertising and say you tube setting up a place that you contact them that you leads to another number their bench is going to give you and then five minutes you can be on the phone with a guy and i think d.c. actually did this on video get on the phone with a guy who's going to sell you stolen credit card numbers that you can then use to buy something online have a drop shipped to

a mailbox location and then pick it up and you're on your way it's a it's a very big problem that's brewing right now and it's a platform that criminals need but if you take away the platform you will take away that reach that they have currently through sites like you to a very important report that came out indeed founder of s.s. p. blue thanks for weighing in thanks. it's a bird it's a plane no it's a blimp they're a land skies will soon become the home to two shiny new blends their ships will be hovering above harford county to monitor frenemy missiles cruise ships aircraft and manned or unmanned vehicles the limbs will be loaded with tracking technology to detect any suspicious behavior and interestingly these limbs hearken back to the ones used in battlefields to track enemy combatants and in the caribbean to track drug lords and they're not expected to cause air traffic the airspace above the

area is restricted so it won't interfere with private or commercial planes but lives will employ one hundred and forty workers who are moving to maryland to operate them and will be in the air by this fall will stay afloat for three years so if you live in the maryland area you likely won't miss them. and in world cup news a little recap of some recent events russia drew one one with south korea last night in their next game will be sunday against belgium who after not appearing at a world cup for twelve years beat algeria two one in their opening match on tuesday another draw this time scoreless between mexico and brazil turned out to be the game of the day all because of the man who beat brazil at every turn the man of the match had to be mexico's goalkeeper guillermo mayne will show up who managed to make quite the heart stopping spectacle becoming a national hero and an internet sensation on the way i'm a momentous just keep coming as made seven saves including four that his opponent

called miracles united states coming off a long awaited victory against ghana on monday will face portugal and one of the best players in the world christiane rinaldo on sunday so still a tough road ahead for the u.s. and boom bust is coming up next here on r.g.p. aaron a joins us for a quick preview higher and higher at thank you now coming up on boom bust we're bringing you a full wrap of what janet yellen now. today's federal open market committee meeting and on the big deal i'm joined by the brilliant and beautiful abby martin now ms martin is sitting down with me to discuss modern women in the workplace we know a thing or two about that can we have it all but sure hope so it's all coming up so stay tuned lots of good stuff there thanks erin and that does it for now for more on the stories we covered go to youtube dot com for its last r.t. america check out our web site r t dot com for it's us usa and follow me on twitter and amir david stay tuned boom bust is next.

but i suspect. did you know the price is the only industry specifically mentioned in the constitution and. that's because a free and open process is critical to our democracy schreck albus. in fact the single biggest threat facing our nation today is the corporate takeover of our government and across several we've been a hydrogen lying handful of transnational corporations that will profit by destroying what our founding fathers one still just my job market and on this show we reveal the big picture of what's actually going on in the world we go beyond identifying the problem trucks rational debate and a real discussion of critical issues facing america to find her job ready to join the movement then walk a little bit hard. to

truly nature of the iraqi regime and the insurgency sweeping across the country and is a rock facing the grim reality of becoming a failed state or facing partition. please . please. please. put it on your cultural phenomena like i said he's making news all the face and i think you're right you don't need both.