the lone crusader america slaps russian energy giants with another more painful sanctions package but europe holds back uncertain if it wants to follow suit. that a mere putin warns washington that the penalties will backfire a-c. wraps up a tour of latin america with a pile of lucrative contracts in his pocket and firm handshakes from his brics partners also on the way. i. shelled kills four palestinian children playing football on a gaza big ships reported israel is agreed to a comprehensive cease fire which will come into force tomorrow morning.

welcome thanks once again for joining us my name is the harvin you're watching r.t. international now the united states has signed off on a punishing new sanctions package against russia for the first time blocking major russian companies from american markets arguably foremost on the list is that our sniff the world's biggest publicly traded oil company which employs more than a hundred thousand people twenty percent of it is owned by b. pig and then there's gasper on buying caresses third largest financial institution it's the largest non-state owned bank in the country and specializes in financing energy related projects. well in effect these two and other companies are now forbidding from borrowing money on the u.s.

markets for periods that are longer than ninety days washington zeal is not being matched in europe though which is going ahead with a much softer measures despite personal calls from barack obama brussels has decided only to suspend funding for future joint russia european projects that brings us moscow's reaction. while these sanctions are illegal says the russian prime minister they are unacceptable blackmail and even a revenge for u.s. failings in ukraine says the russian foreign ministry the russian president now touring latin america says that these latest string of sanctions may have a boomerang effect on the u.s. economy. without a doubt these sanctions are not only damaging russian american relations but also driving them to a dead end i'm convinced that they go against the american governments and american peoples own long term interests moscow says it will respond to this latest string of sanctions about its response will be made in

a car and sensible manner unlike actions of washington or the head of rosneft one of the companies hit by u.s. sanctions says that its american shareholders will be among those who suffer berty adverse nafta will continue working with its u.s. partners as normal my colleague share skating pilbeam the host of artie's venture capital and what impact the sanctions could have on russia. the moment it's the russian companies are being impacted and that's exactly why these sanctions have been imposed and it's the big major blue chip companies now why they're being important it is because they can access the u.s. financial markets at the moment in other words the u.s. dollar and that is crucial for international trade and that's what a lot of these russian companies rely upon because you what about the russian markets themselves how are they reacting today we'll have a look at least see how the my six has performed today in early trading the initial impact was a slump as can be expected just here you can see we did have some resilience demonstrated immediately after that and they have come somewhat but they've managed

to balance themselves at around two point five percent a loss and it is those blue chips that are losing the tech around five so we're seeing some pretty significant movement here with the russian markets but. it's supposed to be the financial system that is being taught in deede is the financials that are suffering so the gas problem russian financial is have an international platform evident in europe in asia as well so that's exactly why it is a universal impasse and we know that putin referred to that boomerang impact that could be in what's going on the issue of energy you know we all know how crucial energy is to russia india was because there are so many resources here exactly why a lot of international companies course russia for that and it's those contracts have been at the moment investors are certainly demonstrating their dissatisfaction with that because it's not necessarily the practicalities that will be impacted in all of it's it's really the sentiment is the feeling is the confidence that can be

lost in all of this so we are talking about international companies like stats all exxon mobile b.p. they're all have huge contracts here until ten twenty fifty years and they are these are the big players are referring to right what about europe during all of this because obama dishes oh a new set of the harsher sanctions to date europe is. other slow to move there seems to be but it has attained not as enthusiastic or not are there and that's because they do have a larger trade partnership with russia two sides of that coin that's exactly why mr obama wants europe on board this sanction bust because he does want more of an impasse and european shares have fallen on the news a fresh sanctions against russia while dr richard wellings from the institute of economic affairs says the measures are counterproductive and work only to damage russia's relations with the west one of these things it could be actually to make

it illegal for american businesses to deal with russian businesses it could involve freezing the assets of russian russian individuals and russian business is held in the united states and other countries so the various methods that can be used but of course the long term evidence suggest that these terms be counterproductive and actually harm the nation imposing the sanctions and if they do work it tends to be when they're imposed on very small isolated and weak countries and clearly russia is very far from that category we're hearing at the same time these are the sort of the hardest hitting about if sanctions i mean all in or do you think they're going to actually be effective no i don't really look into the evidence it tends to be counterproductive i mean what what it is going to do is it's going to encourage russia in the longer term some move its trade east and we saw earlier this year this huge russian chinese gas deal of course the more stringent sanctions become from the worse the more likely these kind of a shift in world trade are going to going to happen and it's just going to increase

the incentives further of course that's going to be particularly damaging for or for the e.u. potentially which is so heavily reliant on the russian trade. another route of sanctions is the civil war in eastern ukraine later this hour we'll meet one refugee family that got away they tell us the ordeal they had to suffer to get free of the war zone. after days of aerial bombardments against garza israel has reportedly agreed to a comprehensive cease fire which will come into force early tomorrow that comes after an israeli shell killed four young palestinian boys who were playing football on a beach in garza we must warn you that the upcoming pictures from the scene are disturbing and they dined right before the eyes of international journalists many of whom are stationed in an area regarded as one of the safest thing guards and israeli ship apparently fired on the beach where the children were playing some of the children

who were injured managed to reach shelter at a nearby hotel for boys who didn't make it to safety we're all relatives. and these are grieving family members of the children the women just saw as the mother of one of the boys their funerals were held in gaza just several hours after they died both israel and hamas agreed to a humanitarian cease fire are giving the u.n. time to get aid in it's now in effect and it's due to last around one more hour harry fear is in gaza for isn't he met some of the victims' family members. i caught up last night with the four families affected these four families all from the extended baca family we spoke to they were of course absolutely destroyed by the events it was a devastating exercise to speak to them they of course invoked the fact that these were innocent children simply playing on the beach but of course they were not responsible for any belligerent activities we saw tens or even hundreds of family

members congregated in sympathy and solidarity morning with the parents of the of the of the lost children we caught up with is male. who of course exclaimed that this was an unjust act on the part of the israeli army again live in i don't know how well i did you. already know that i was just there although. you did that of. the head nor the. of the of the i caught up also with the international journalists who directly witnessed the incident some of them actually tried to give first aid to the palestinian children who had been injured one of the injuries was in the boy's abdomen it's not clear why israel may have struck this target the international journalists report but they were having bad lunch at the time many of them in these

hotels overlooking the beach the marina and the mediterranean coastline they reported the sudden emergence of a light. on the horizon followed by a shelling which targeted a small structure on gaza's marine base was then followed by another shelling tens of meters away absolutely close the video proves that to where the palestinian boys were running away from the site of the first shelling well i spoke last night with the manager of one of the hotels he was an eyewitness to this incident. then i ran to see what happened. and they came to us they was running you know skaven from the bomb. and then one of them was all of them was. injured then i called the ambulance to pick up them because that. was very bad so.

i hear that one of them. on their way but i was put down well this incident unfortunately is of course not the only case of palestinian children being caught up in this ongoing violence here and this recent bout of violence between israel and hamas this comes obviously in the context today all of this. initiative coming in into effect to allow humanitarian aid to enter the gaza strip and that is being welcomed here by palestinians on the ground we will keep you updated. earlier we talked to an israeli defense force spokes person who insists that israel has no choice but to go on with its offensive we do not shoot targets only work any way or form or civilians we target hamas terrorists and the idea for peroration is ongoing in order to restore safety and security for the state of israel hamas decided to have an onslaught against against the state of israel and indeed even when we held

our stations yesterday for six hours they continued to bombard israel. indiscriminately and we were left basically with no alternative. well as we just heard israel insists it targets only hamas militants in order to protect its land but gaza's territories much smaller than israel's and the population density is about ten times higher with so many packed into such a tight space that is why many more palestinians die compared to israelis so far more than two hundred twenty have been killed in gaza compared to just one in israel another factor is that the rockets used by hamas are much less destructive than its rivals weapons also making the palestinian death toll so much more tragic is that almost half of the population in gaza and fourteen years old. but there has been an international outcry over the killing of civilians across the americas in europe and beyond tens of thousands of people have taken to the streets to demand

an end to the offensive every day a new demonstration appears on the mouth in protest at israel's actions people been waving flags chanting slogans and holding up posters urging for an end to the killing most protests have been peaceful but have seen clashes with police. now technology downgrade for german politicians scum got for you the n.s.a. spy scandal forces them to return to more basic forms of writing find out more of it later in the hour. i marinate join me. in our.

interview and much. only. choose your. well if we can we know if they feel some of the. treatments that the concerns get to. choose the opinions that invigorating to. choose the stories that impact your life choose be access to your office.

r.t. international next for you to. accusations at russia over the downing of a ukrainian military wednesday let's get more from our. era what's this argument all about. moscow is responsible for bringing down ukraine su twenty five fighter jets near the area of the border between russia and ukraine on wednesday evening at the same time we're also hearing from the. fighters from the donetsk people's republic alleging that they have brought down successfully not one but two ukrainian fighter jets on the same day so this type of disparaging information that's only adding to the chaos that's already reigning in the south east of ukraine where the continuing fighting is forcing people to abandon their homes and start lives in you neighboring russia as refugees.

became scared for our children we didn't want them to see all the air raids that were taking place it took them five days to get from look through this refugee camp in the russian side of the border distance normally covered in a car in several hours. our friends took us to the border and the national guard nearly took us off the bus but another woman on the bus told them that we were relatives the ukrainian national guard stopped us at every single checkpoint and they went through all of our belongings. and drugs. they follow in the footsteps of you give me a sister who fled to russia just several weeks earlier. my sister is from sloviansk she had a baby several months ago and she spent two months running back and forth from the bomb shelter with a new born like thousands of other refugees alexander and you've stayed at home in the grounds going to war was just too close to their doorstep like many others they

want to keep their last name unknown to protect the rest of the family feel left behind and that's just how our parents are we were screaming for them to join us but they said it's hard for them to leave their homes they already have a plan to get to another town where alexander can find a job as a welder to provide for his family but the same can't be said about many others in this tent city those families story is just one of the estimated thirty or so thousand of refugees living and their rostov on don region at the moment just days ago these people couldn't have imagined not having a house or a country to call their own right now they're living in tents and have no idea what the future will bring in southern russia it in a godless go r.t. . to stay with us here on r.t. international still to come just how big are the pay packets for chief executives in the u.k. well the lucky ones are running one hundred eighty times more than the average

worker the story behind this financial canyon still to come. but first a hefty pile of deals wrapped at the six summit of top developing countries namely brics the most significant of those was the establishment of a new global bank set up to rival the i.m.f. the world bank parties paul scott has more. the brics nations really look to strengthen ties and caught countries across the continent here in latin america as they look to develop and build what's being described as this new multi-polar world in an attempt to try and wrestle influence our global influence away from washington on his tour over the last six days putin has visited cuba nicaragua argentina and then finally here in brazil for the two thousand and fourteen brics summit the highlight of which was the announcement of the new one hundred billion dollar development bank and also the sustainability fund as well worth the same

amount of money one hundred billion u.s. dollars is going to be seen as a long term rival to the international monetary fund and the world bank a. visit to the region also gave some other latin american nations a chance to sign some lucrative agreements with moscow russia will help cuba to explore its offshore oil reserves and have the moscow wrote off ninety percent of homeowners debt to make energy corp or santorum is likely to bolster its presence in argentina as part of a new clear corp deal and russia's trade and security ties with fellow brics member brazil should also now increase significantly. well of course we're live on hour but there's also plenty more waiting for you on our website r.t. dot com such as the removal of radioactive elements from japan's stricken fukushima plant proves even more hazardous than expected by rice paddies have been seriously contaminated but the owners are still moving radioactive material from the nuclear

stations broken reactors and also there for you again to another mention or perhaps a u.f.o. landing point speculation runs wild after a mysterious giant black hole in the ground is discovered in siberia more details on russia's own x. file you find it on line. next german politicians are going old school to stop their american allies from spying on what they're up to sensitive documents could now be written on the typewriter in order to keep them safe speed to all of explained. the ultra modern buildings of the german parliament could be set to echo with a sound from a very different era if the man in charge of the parliamentary inquiry into n.s.a. spying here in germany gets his way patrick zen's purpose said that if politicians want to avoid digital snooping then the only choice for them is to ditch the smartphones in the laptops and go back to the typewriter and if i'm going to

machine enough to thank statens computers tacitly however doesn't need to machine. shots to suggestions they were made on a breakfast t.v. show here in germany haven't gone down well with some of the other committee members one member from the left party said that well before she would go to a typewriter she thinks that they should get rid of the secret services entirely another member from the social democrat say that comments like this would just plain silly and made the whole inquiry look rather stupid suggesting that it was not the right answer to go back to a nineteenth or twentieth century technology in the modern age but what it does show though is that politicians here in germany are starting to appear desperate to try and show that they are doing something about spying scandals that have rocked the country recently and have drawn outrage among german people who've said that their politicians just haven't been doing enough we have seen this start to change

the following two spy scandals involving one member of the security service and one member of the for the. defense ministry that may have been spying for the united states we saw the chief of the cia here in berlin being told that he should get out of the country that still hasn't happened as of yet but it was a strong comment that was made so the politicians here trying to show that they are doing something about the ongoing in escalating spy scandal is that we've seen come out following the leaks of edward snowden. for five intelligence officer and he thinks that protecting privacy is a tough task even for the most influential people in the world. however lightheartedly the german politician mentions using typewriters he's probably when it comes to a proper security issues within government he's probably absolutely right we have a situation where even our democratically elected representatives have to think deeply and seriously about how to protect the privacy of their communications

particularly when their investigation the very subject of the invasion of the privacy of their citizens which is what the biggest target at the moment doing in germany trying to hold hearings to work out exactly what the n.s.a. has been doing which might be contravening the constitution of germany we have this . situation now where everything can conceivably be hoovered up by the n.s.a. and it's facile states in the in europe everything can conceivably be stored forever and used against citizens in the future if the laws change and everything can conceivably be no amongst the private deliberations for parliaments not democratically elected representatives so it's. it's worse than orwellian i think is the best way of putting it. still is rather small the world stories for you now first the afghan army says it is the taliban fighters who attacked the. overnight militants occupied a building still under construction and fired rockets at the airport civil flights

were canceled as a result the clash came during a tense time in afghanistan as a recount is underway for the second round of the presidential election. let's go down to libya where a number that's been hit by fighting this time in tripoli at least twenty. destroyed and it's led traffic control is going on strike grounding many flights in the process clashes between radical groups seeking control of big common since two thousand and eleven when one market. now in the u.k. food banks are being used by hard up families more than a real term wages are falling. for the average worker disappearing into the financial distances one group of employees who are raking in more millions the never reports on the great british salary go up. money power a jet set lifestyle the perks of being a chief executive they take more risks and have more responsibility so perhaps they

deserve a bit more pay than the average worker but how about one hundred eighty times their salary yep while the average worker toils to earn just over twenty six thousand pounds a year the footsie one hundred boardroom big wigs a raking in four point seven million says if exist on a different planet and we're saying this is bad for companies and it's also bad for society we have people working on very low wages who have to go to food banks to feed their families i think we should be ashamed of that sort of thing in this country the high pay center found that more than three quarters of the public would support capping the salary of a company's highest earning employee in relation to the lowest paid companies fired back that they need to supersize their executive salaries in order to keep them from being poached by cash waving competitors the department for business

innovation and skills told r.t. that in october twenty thirty new laws reforming the governance of top a came into force boosting transparency by arming shareholders with more information and giving them the power to hold companies to account and it looks like some investors cutting bosses down to size last week british fashion giant burberry had its dirty linen in public often more than half of the shareholders that it annual meeting voted against the chief executives pay package which is worth up to twenty seven million pounds it may have been a row. stand against such high salaries but the vote was non-binding which means that burberry boss christopher bailey still got to his gargantuan paycheck anyway probably boyko artsy london. because he very surely boom bust through the night is

that next here on r.t. . two u.s. agents who are working deep inside the german government have been caught which has heightened tensions between the two countries even more the german reaction to this was to expel the cia chief in berlin from his post this is the kind of story that makes people who hate us foreign policy could the share button on facebook and get all excited it makes many feel that merkel or at least some elements of the german government are actually fighting against foreign meddling but i would say that you should take this story with a huge grain of salt yeah they just had one cia asset out of the country and this could be a sign of change but there are still twenty plus u.s. military bases currently operating in germany in fact the bomb holder base is one of the largest ones outside of america territory with thirteen thousand troops permanently stationed there so basically if merkel really wants to reduce foreign

meddling in germany she's going to have to somehow get a massive foreign military presence out of a country and since has been there for almost seventy years already i don't think that they're just going to pack up and leave on their own one day but that's just my opinion. people with autism. great contributions. at the beginning to see organizations schools. businesses and otherwise seeking go and hire a people with autism. right to see. first street. and i would think that you're.

on a record splitter. there i marinate this is boom bust and these are some of the stories that we're tracking for you to death. we're talking about inversion transactions on the show today and it's the growing practice in where u.s. based companies buy smaller foreign companies in order to legally a boyd in pain taxes and jamie diamond has given it to thumbs up will explain coming right up then what role do our political institutions play in our economic development there in our shame over the author of why nations fail is weighing in on the subject you won't want to miss my interview with him and in today's big deal edward harris and i are discussing the brics neugebauer.