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tv   Documentary  RT  May 19, 2018 8:30pm-9:01pm EDT

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don the others are being started their case is being started we don't know yet but we will know soon. they have promised a full investigation top cuban authorities were on the side on the scene of this tragedy the president himself precedent. has just been sworn into office he was there the minister of transportation was there everybody was there trying to help and figure out what happened it's a tragedy by all means it's a local flight a passenger flight that airlines had list from a mexican air company global air i understand is the name and on the crew was a mexican crew also. a very very sad situation indeed a boeing seven three seven with more than one hundred people on board. parties likely to become a tilly's next coalition government speak spearheaded by the five star movement in the northern league party of unveiled
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a radical program designed to alter the course of national politics but it could cause concern for the e.u. from culture explains brussels are sweating a bit more than usual these days and it's all because italy's new euro skeptic government doesn't intend on playing by the e.u. has rules it is important to abide by budget discipline and especially for its early to continue to reduce the deficit it is important to stay on track. being a good tambien also means being a good european citizen it needs to be repeated out loud especially now the left wing five star movement and the right wing northern league party formerly fringe now turned government majorities are promising italians a government of change confronting the e.u. on immigration austerity and taxation childers to everyone even only european level for now and the italian. the new government's plan for italy and europe is
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everything brussels doesn't want people before economic obligations as a senior official of the northern league described it they're demanding a debt discount an expansion of welfare programs and a reduction of taxes which would be a big blow to the e.u. as wallet italy is also telling brussels it's had enough bearing the burden of the migrant crisis on top of that they're challenging something that's been a constant in the e.u.'s foreign policy for some years by saying drop the sanctions against russia last time brussels saw a similar rebellion was when an anti-establishment party took the reins in greece when an anti austerity sarees a party came to power what a headache it was for the e.u. we agreed to disagree. we didn't reach an agreement it was never on the cards that we would. we didn't even agree to disagree from where i'm standing but the greek experience could hardly have been considered
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a win for euro skeptics series about under pressure and agreed to a renewed austerity program in italy it seems both parties of the government coalition are getting along so far after they finalize their programme they'll just need approval from the italian president if approved it would be the first e.u. founder state to be ruled by a euro skeptic government and that's starting to give brussels bigger worries than it originally had we have to brace ourselves for the worst scenario and the worst scenario could be no operational government as if the absence of a government in italy seemed bad enough for the e.u. it could be soon contending with a major member state in all out rebellion donald quarter r.t. its main stock market reacted negatively as the political program contains a number of sweeping economic proposals a representative of the likely center right coalition told us such radical plans are vital for modern italy we came to the point where to find
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a contract that is included in the most important things from the two parts we need this to come down also the country and be able to state into the european you know in a strong way we are very focused on. democracy three that. we respect our alliances we want to be part of the e.u. . being stronger as italy. militants are trying to attack the docks cathedral in the capital of the russian republic of chechnya killing two policemen in one day in a coach and it has more. aren't militants attempted to storm and our two dogs computer located and russia's republic of chechnya police was quick at the scene on the local law enforcement shot down the four militants now the cathedral is the
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only r. to the church located in the capital of the republic grozny and it is situated right and the downtown of the city and it could be quite crowded during the weekends now according to reports the militants were armed with knives and short guns they were planning to take the civilians inside the church hostage the four attackers were eliminated by the local enforcement but during the gunfight two police officers were killed and one worshipper also lost his life now at the moment the area is cordoned off by police and the investigation is under way overblown useful you have to the short break. but i don't want to tell you on the idea that dropping. to the chicken or the battle. that you saw for the value of the public let.
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me tell you you are not going out and buy the product. that we. want. trade wars don't make any sense because the only way to keep these countries dependent on the dollars that they have to export to the u.s. in exchange for dollars because they need dollars to be part of the global economy and so when you go into a trade war and you cut that off you kill you you put a gun to your head and commit financial suicide by killing the dollar which is what the top administration seems hell bent on going to come up.
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with a large explosion at a chemical plant in the u.s. state of texas reports say at least twenty two people have been injured two hundred fifty workers were on site at the plant in pasadena when the blast occurred not clear what caused it authorities say that no danger was posed to the public. the u.n. human rights council voted to launch an international probe into the mass deaths of palestinians on the israel gaza border or shooting condemned it with u.s. envoy to the un nikki haley suggesting the international organization has more important issues to deal with at a time when venezuela lurches to a dictatorship iran imprisons thousands of political opponents and ethnic cleansing has taken place in burma the un so-called human rights council has decided to launch an investigation into democratic countries the gittin the defense of its own
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border against terrorist attacks it is another shameful day for human rights. we some protesting guards are seen fifty eight killed according to palestinian officials israel has faced international condemnation president aired one of turkey branded israel's actions a genocide against the palestinians iranian president hassan rouhani called for a united muslim front to stop what he called israeli crimes. the rallies continued friday thousands gathered at the border fence to condemn deaths there from monday when the u.s. formally moved its embassy in israel to jerusalem both israelis and palestinians have longstanding statehood bids for the city. by. israeli army commented via twitter on recent clashes saying its troops operated in
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accordance with the rules of engagement including firing live rounds quote selectively could into the un human rights council three and a half thousand palestinians have been wounded by live ammo since major violence erupted at the border on march thirtieth this week scars of violence was fueled on tuesday by the anniversary of our now bar a day that symbolizes the displacement of the palestinian people and the creation of israel we spoke to one palestinian who witnessed the day the first jewish settlers arrived and the visor violence that followed.
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if any of the number of palestinians killed or injured in those rallies is horrifying most of them a civilian have nothing to do with any military organization they just want justice and truth turns their ancestral lands which are occupied by israel they want the world to know about their fight for justice the process is run on if the israeli army had not reacted to it disproportionately they could have been some form of agreement people would have just gone home all the decisions on the palestinian problem and made long ago shrines in un resolutions if israel agrees to comply with
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them there will be peace in palestine. and a lavish ceremony prince prince harry has married former american t.v. actress meghan markle was watched by an estimated global t.v. audience of more than a billion but with much of the media gushing of the royal celebration model billy boy takes a slightly less reverent look is the latest episode of her online show. in case you missed it royal not a day and this is a marriage that looks like it will last the average length. britain's prince harry marrying american actress meghan mochel gives them clothes on media a reason to pretend that no one has ever heard of a wedding before and the public a chance to get angry about stuff they could not it's about the setting of the ceremony is it wins that cost so it's been described as a humble settings and westminster abbey yeah it's just
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a humble cotswold what's truly impressive is signalling turn off thousands filled the coleman is i mean around inside the grounds of picasso nowhere near the actual ceremony there. are people from a range of backgrounds should be herded in like i know a result of peasant unconfirmed reports suggest that at least one of us and from every trace that prince philip husband silted will be represented each have will be treated to a sausage roll and a cup of tea but they want to bring their own picnics as well so they don't call us out before seeing one true privilege looks like claims but not to the sunday rolls and tea will cost an estimated twenty six thousand pounds but for the lucky people feel to despoil they need to remember that the lemon in the end of the real guests are going to be eating inside this fifty thousand pounds price you know what i'm getting those old room service magen go anyway well
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a little been made of the fact that she owned a black mamba but who cares about what is on loki to have the royals have been swimming relating to a very shallow gene pool in the last he is so he needs them outside help maggie and is a self described feminist which she'll have plenty of time for now and she's being looked after by her husband in fact the only talent steve now is learning to selfies and hug. being the great unwashed so here are some answers to some pretty big a.d.r. take questions posed by the media can make a mark or save the morning save it from a lot drowning in taxpayers' money here's hasa magen kate. is definitely what you can imagine mark all of you lack bread to anything seem like she's going to be a princess now. princess to be a prince. donald trump's once again been
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accused of racism in the media but it turns out in this particular case his comments were taken out of context. we have people coming into the country trying to go we're stopping. we're taking people out of the country you wouldn't believe. these are people. you're animals. i want to share what trump said yesterday when he was talking about sanctuary cities in california these are animals i'm a lot more concerned when he does things like immigrants animals and it is a very slippery slope when you start dehumanizing people this way it's what the nazis did it's what slave owners did it's not what americans do. now i see is the only law enforcement agency that cannot use our databases to find the bad guys. will
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think you're. doing it in this remember which you know now that the french are telling us about. we have people coming into the country trying to come. but we're taking rico out of the country you wouldn't believe these people. these are people . these are animals as is his way to twitter to lash out at the media some outlets have since published retractions on apologize to trump political cartoonist to draw feel some of the media have too much of an agenda the credibility is very hard one whether you're an individual or you're in a good organization and it's very easily lost and it hurts me i think and many people in the world of journalism to see these media credibility being squandered this way i mean what's even more disturbing is that you can attempt to
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do a good job as a journalist but you're smeared entirely by the behavior of organizations that are pounding their preexisting narrative whether or not the facts bear that narrative out. us a stepped up efforts to persuade germany to ditch the massive north stream to gas pipeline project now washington says it doesn't rely on sanctions against firms involved in the project designed to pump gas from russia to germany the warning came from u.s. deputy assistant secretary of state for energy diplomacy sandra out she threatened companies involved in the project they were in an elevated position of sanctions risk adding washington would be quite delighted if the project didn't even happen the burdens economy minister has already made germany's response clear. in the us if the us says america first and puts this economic interest before others then it should expect that we europeans will define our own economic interests to point for
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that. martin dolls a member of the hamburg parliament from the left party told us that german businesses are worried at just how wide ranging u.s. sanctions can be. german. economy is afraid as well because you. are strapped so. what even directly. for its infrastructure in favor of. sentence against you this is pure blackmail what is what is going on here you see it. more or less it was it was told to german so if you do not going to have a trade war between the european union. and the united states. there nor stream to pro checked i hope for very much mr smirk will does not give in to this so it's a dirty game it's
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a dead end game you're watching are to international always a pleasure to have your company hope you join me in half an hour when i come back with updates on our top stories. seventy four design submissions. seven cells links. to judges. and eight hundred sixty nonstop days of. russian w.b. . and a russian pop stuff. show you how. the crimea bridge was built. witnessed the construction of a unique transport artery that will help the art of crimea the. most of those you know what google for more familiar quite
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a bit but. we have to judge countries are certainly there's directives. so we need more objective but the reality is. you know media tries to get the facts but also leave. their worldview so this is where social media and direct communication comes in unfortunately it's sometimes called fake news or something but it's sometimes actually a different world view fact it's just fake news by powerful people. i
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am ask eyes or this is the kaiser report i used to be a rockette then i became a journalist. stacey. is that what you call i have great legs as a journalist we have some interesting stories here to cover and these are financial chaos happening in the world and you know you always say that you can't taper a ponzi and the federal reserve has tried to taper a ponzi there unwinding their quantitative easing and the interest rates are rising so far people have said well we haven't seen any sort of reaction nothing's happening so far that's bad in the u.s. stock markets continue to be you know near all time highs and the property markets are booming they're rising at like five six seven percent a year so where is the where is the chaos that was going to follow tapering the ponzi and of course as we keep on pointing out we're in
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a globalized financial system operating on the u.s. dollar standard and when we raise interest rates here that means the dollar increases in value and lo and behold we've had some emerging market currency chaos so i want to look at what's been happening in argentina argentine central bank reserves down one billion dollars today fifty three point forty one billion according to bloomberg trying to manage the collapse of the currency which is remarkably happening out of the blue i think it's as investors have realized that the fed is trying to taper the ponzi they thought. they were going to taper the ponzi and they have and now investors are fleeing the argentine currency mexico turkey brazil russia they're leaving emerging market currencies suddenly and fleeing into the dollar act of raising interest rates after you've lowered the for
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so long through quantitative easing doing the opposite or quantitative tightening imagine swallowing a porcupine and then trying to pull it back up. so all those quills they're facing one way on the way down and you pull that back out you regurgitate that pine and those quills. get stuck in your esophagus and they cause tremendous something kate and die. not even david blaine could recur to day the porcupine he just regurgitate little frogs you probably just challenge him to try david blaine i challenge you to swallow him regurgitate a porcupine. two thousand bitcoin that you cannot do this. well a full grown porcupine well of course because it is doing quite well in argentina but i'll show you the chart it's a remarkable start again you know i b b c news night thinks currency collapses in certain countries are funny but i don't think this is funny there's an inflation
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rate of over twenty five percent and argentina and it's obviously a crisis for the population at least they're always well protected against this bottom ninety nine point five percent are not protected from this in the currencies collapse an argentine peso in free fall a central bank change of strategy central banks said to accept currency at low of twenty five per dollar fair value according to the i.m.f. i.m.f. says board to me on friday to discuss argentina and there's a chart just from this year of the argentine peso just to review because you're am something incredibly important here the the ponzi and the taper of this game that is the pyramid that is the dollar is being quantitatively tightened causing dollar interest rates to go up and this is having a reaction in argentina most spectacularly but also in the entire emerging market economy they are now suffering catastrophe and so a either the central banks get together and drop interest rates once again sheria
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or b. as you've noted argentina is a place of adoption for bitcoin as are all these countries that are suffering from this as well and then as well and the u.s. dollar had gemini so not only is china iran and germany exiting the u.s. dollar by creating a competitor swift but then you have argentina venezuela and some of these other countries probably turkey soon running to bitcoin. so you have got and then russia's running to gold so you've got bitcoin and gold are becoming the go to assets while the us dollar hits the buffers and simply cannot support this ponzi scheme any longer on the individual level it makes sense to perhaps hold some big queen because there are a geo political insanity it's only going to get worse because it always happens throughout history whenever any empire collapses look at. europe from pre-war the war on through world war two that was essentially
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a part of it was due to the british empire collapsing and the chaos that ensued from that when the you know the austrian empire collapsed the same thing like chaos across europe so i think at this sort of point in time. when these currencies are falling like this you have to have some sort of protection where there's gold silver big coin mexico's currency is falling. russia's currency continues to fall but you know at least they're earning huge amounts of dollars in argentina by the way i want to point out they're blowing through remarkable amounts of u.s. dollars therefore exchange reserves in order to prop up keep the peso from falling too far and that only exists. you know those u.s. reserves exist there because of a christina discouraged who is the predecessor to machree she was very. you know nationalistic in terms of not wanting to be part of the i.m.f.
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globalized system for fear of what happened previously with the debt chaos and the collapse and the economic chaos that happened in argentina so she built up these massive reserves there so he's blowing them on trying to prop up a currency which is again throughout history most currencies anyway go to zero so he's trying to stop the end evitable. keep that hard cash. of the dollars and let the currency fall as a follow up their big going one of the greatest attributes is that it's censorship resistant you know we travel all over the world and we travel here in the united states and people come up to us all the time and say thank you for telling me to buy a big coin of three dollars i'm now a multi bitcoin millionaire but not as many americans because of course r t has been censors in america and the u.k. so the millions of people who could have been big claim millionaires right now are going to be watching on the sidelines as big going goes two hundred thousand dollars so here's another headline about what's happening in argentina as u.s.
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dollar and interest rates rise all heck breaks loose in emerging market currencies when the hot money gets antsy a currency crisis morphs into a debt crisis so that's important currency crises often morph into debt crises if you have debts denominated in foreign. currencies so argentina has a lot of debts in u.s. dollars it's hard for them to earn u.s. dollars like say russia can or brazil because they have a lot of natural resources that are priced in dollars and you know when the ruble falls it's actually. all that they sell is rising in ruble prices so they're earning more income mexico they're kind of out of oil at this point they've counter-rally as like a loan so that their income in dollars is not as high so. the point that he's making here however is that it was only in january that argentina managed to sell billions in. one hundred year bonds so investors
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were knocking down the gates to get in on this hundred year by knowing wall street is like goldfish until a guy writes a show him something to trade in the trade but you know dr paul craig roberts has made a point often quite germane to this discussion and that. trumps trade wars don't make any sense because the only way to keep these countries dependent on the dollar is that they have to export to the us in exchange for dollars because they need dollars to be part of the global economy and so when you go into a trade war and you cut that off you're killing you you put a gun to your head and commit financial suicide by killing the dollar which is what the trump administration seems hell bent on doing at the moment well certainly this global financial system whether it's domestically or internationally does not seem set out for the ordinary person the bottom ninety nine point nine percent that are not friends with the central bankers when this in the united states where all the jobs happen in either new york city or san francisco but the barrier to entry is you need tens of thousands of dollars to move there and even get on the rental
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ladder and rents keep on rising rapidly this is part of the central bank printing money over and over but where cash is needed most where credit and money is needed most the bankers don't want to lend to them because there was a higher risk when there's easy money just speculating in new york city real estate for example so who's going to give money to somewhere in kansas nobody cares about kansas nobody cares about the middle of nowhere argentina as it goes warren buffett is that banks will famously lend you money to buy umbrella's when it's sunny outside but once it's raining you'll never be able to borrow to buy an umbrella i paraphrased but something along the sunny economically in new york or manhattan in this sort of ponzi based system so i want to look at in europe where we have another similar financial currency based crisis possibly on the horizon and this is something that you and i have also talked about here on the kaiser report since two thousand and eight two thousand and nine during the financial crisis and what's
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going to happen to italy. now my own experience of dealing with italy when i when they were still on the lear and i was working at a film sales company so we had a lot of distribution of hollywood film sold to italy is they kept on devaluing the lear and then they would come to us and say we need to renegotiate this deal because the lear is been devalued by twenty percent overnight so we always had to renegotiate because they had no money so how have they been able to sustain economically in the euro zone when it's all basically the deutsche mark they're competing against well they have and you know they're forming a government they're trying to form a government they were supposed to form the government by the time we've come on the show but they haven't so you know the five star movement that's kind of the left wing movement grillo used to be the head of it now it's. my oh and then the northern league which is the far right with very anti immigrant and very far right nor the.

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