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tv   News  RT  May 27, 2018 4:00am-4:31am EDT

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if the chinese want to buy major technology products from the u.s. market that would be a much better sure way of cutting down the trade surplus than buying american farm produce which even if they bought only american from produce there would not be able to balance the trade to the satisfaction of the americans well i'm mr cheney and i think there could be a legitimate questions about the fairness of all of such pressure because if china wants to develop a high tech industry i think it should be able to do so i mean all the countries india including russia including the united states including do you how you know interest is in the reach they see a potential but that my question to you is somewhat different i wonder if you see any way of addressing the current balance in trade between china and the united states or between the united states and other countries in the way that would be fair to all and that would not destroy or significantly undermined the trade system
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that has already been suffering quite a lot in recent years it's a good question free trade is founded on trade but free trade is not always fair trade free trade becomes fair trade only if the two parties and won't have the our relationship that is matching if there is a mismatch in the mix between two parties the trade relationship. may be free in terms of free trade but it may not be fair trade so fair trade really depends on your politics it depends on par dynamics and that goes to the heart of this matter that trade is not about trade only create is largely about politics and if the politics is not right for one party then
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we will not see fair trade so in this channel. you must relationship the americans still haven't wanted the us they have the most powerful country and they're seeking to use their green leverage to get the chinese to accept their major to months this is the dynamic at play currently ok well mr chinee we have to take a short break now but we will be back in just a few moments stay tuned. to what we've got to do is identify the threats that we have it's crazy confrontation let it be an arms race is often spearing dramatic developments only really going to
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exist i don't see how that strategy will be successful very critical of time time to sit down and talk. fifty years ago pregnant women to come together as a sleeping pill that does this is what i believe because the truth does. the side effects were terrible but not on. induction for. the war. across europe victims are starting legal battles demanding at least some compensation in something in two ways first will the physical damage itself as well that the constant reminder that the people who actually perpetrated this crime has never been able to justice and there's been a couple of.
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tracks kaiser financial survival guide stacey let's learn a salad fill out let's say on the troika here please. greece comes back up the fight song thank you for. the story that's true fellowship slavery. welcome back to worlds apart with brahma to any professor all strategic studies at the new daily basis center for policy research mr chill any you wrote once actually more than once that india is a critical swing state perhaps the most critical swing state in the world when it comes to global trade at this point of time do you see its interests aligned more
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with china regardless of how ten years that relationship is or with the trumpet ministration neither to be frank with you because with china india has a very lopsided trade relationship the chinese trade surplus with india has doubled in the last three and a half years to sixty billion dollars which means that every month john was enjoying a five billion trade surplus with india and more importantly this is the content of the trade relationship the chinese are dumping manufactured goods to the united and buying essentially a drama truths from the market. so that tribulation ship makes china anything but the partner of india as far as the united states is concerned because of american pressure on india on the information technology industry to give you one example
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the americans have not been very helpful even though the u.s. and india have a close relationship but the americans have been pressing india on several different fronts they want india to cut down its trade surplus with the u.s. right now in danger as a twenty nine billion dollar trade surplus which is which is less than half of what china enjoys was of india by the americans and sustaining that india cut down on that trade surplus they also want to get india to open up its economy to more american products so india is facing multiple pressure and on top of that the americans are trying to pressure india on on russia and on iran through sanctions so india certainly does not look at united states as a partner on trade now it's been presumed up until recently it pleased god to global economy is not strictly a quid pro quo you know i buy i sell you you know goods for spawn dollar you buy
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the same from me like they are the general wisdom has been that it is more complicated than that that you compensate the trade deficit by having other sort of relationships but it seems that both mr trump and to some extent to you as well subscribe to these kind of again as i said quid pro quo type of trade do you think that's the way to go for the future as far as global trade is concerned there has to be some degree of. symmetry in the fridge relationship it's like relationships between individuals if if relationship between any two individuals as unbalanced that relationship will not flourish it won't be sustainable over the long term similarly trade relationship that is unbalanced love sighted unhinge is not going to last for ever really last even ten years. there needs to be some degree of balance but mr chill and even in personal family relationship determining
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that balance is extremely hard it's not only about how much money somebody brings into the household or how many chores a person. carries i guess what i'm trying to ask you is whether you have any formula in mind for determining that balance for things that are not easily quantifiable well balanced doesn't want to involve just numbers the amount of goods traded. and not on your just symmetry in that aspect bunce is also in terms of how the two sides are benefiting from a trader alicia's share what is the content of the trade relationship is it aiding the economic growth of both countries or is it anything more they can all make interest of one country all these factors together make the term balance
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balance is not just about the the total dollar value of goods created by by by each side with other. now speaking of other countries the united states is set to decide next week on whether it wants to continue with cherif exemptions on still an aluminum for the european producers and it looks like the europeans are not particularly holding that breath they will be exempt for much longer do you expect that to change anything in terms of the global trade balance because you know both the e.u. and the united states more often than not tended to be on the one side when it comes to trade negotiations you mentioned trade blocks before while the developed countries used to be a powerful trade blog do you expect that trade block to you if not to fall apart down the police to be a little bit more fractured than it is right now if the united states indeed withdraws doss. tariff exemptions from the european producers well you're
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a strict policy at the moment as is a mess because from press created confusion on several fronts it's created confusion in terms of its of america's allies for by refusing to permanently exempt the european union japan canada from steel and aluminum tariffs he has threatened to impose tariffs on on auto imports and on and on top of all this there was no being threat off of escalation of us trying tensions so right now this there's a lot of confusion in terms of us straight policy but what this confusion is doing is making america's allies we think their relationship with the united states for example the transatlantic relationship which has been the bedrock of. western security that process planning relationship nom is being openly debated and question in europe well mr chinese as you may imagine to me in moscow not big fans
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of that. transatlantic secure. relationship we tend to think that it sometimes undermines security rather than strengthens it but putting that aside this state of disarray do you think it presents any opportunities for countries to form you know cross. you know cross camp ties because he you mentioned before and up until recently the trade negotiations were stalled primarily because of the trade blocs now there seems to be an opportunity to put that bloc differences aside form something new do you think there is any chance of former u.s. allies or current curious allies and perhaps for more current adversity going together and trying to influence trade policies in the way they find feed for
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themselves want to model is going to do this is going to it's going to make countries. alliances that pretty alliances are likely to. form new relationships. they're likely to reduce their dependence on certain countries for example and build a great relationships with some other countries so we're going to see some flux as a result of what we are witnessing today and this turmoil is going to lead to a very different kind of a trade matter in the years to come we have seen a point of ration of free trade agreements by that fully and regionally and i think we're going to see more of these f.t.'s emerging as countries seek to shift their trade priorities and their friend relationships in
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a manner to create some stability in the frame policies and then the trade relationships now you mentioned before the spread of secondary sanctions stemming from the trade with iran i know that india has a trading good trading relationship with that country so do the europeans but so far what i am hearing both from the indian experts and the european x.-press is is an idea that they need to go to washington and negotiate some individual exemptions for themselves i wonder if that is every really in a fact of strategy are they being slow in forming those relationships new relationships that the mansion because it's from my point of view or perhaps with bayh it makes better sense to form a united states front and negotiate with the united states as united staes on secondary sanctions rather than asking humbly for some individual exemptions begging for individual waivers. is probably the worst option that any country
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can pursue because that will lead to even greater american pressure on that country to be subsumed into the united states because anywhere that is granted to a country with a bill comes with conditions that further constrict that country's options the fact is that whether it's iran or the new act the new american law directed at russia which is called country america is administering sanctions act these laws and these sanctions are seeking to apply american sanctions extraterritorial only extra to rule sanctions are unlawful international law they violate international law they violate the human charter they also flout the rules of the global trade agreement and to give respectability to these dictatorial
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sanctions will amount to giving a blank check to washington to set international rules for trade as well as to set international rules for interested relations countries have to speak up because in the past between twenty twelve and twenty sixteen when the u.s. was applying sanctions against iran on the oil front most countries went along because because the issue then was about restraining iran's nuclear weapons ambitions but now that the americans have withdrawn from that nuclear deal even as iran was in full compliance with that deal today the americans do not have this kind of. latitude to be able to enforce extra to rules sanctions across the world elaborate harder time well message china i totally agree with the
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i just hope that they could all not only speak out but also act together but anyway we have to leave it there i really appreciate your time and your perspective and i hope our viewers can keep this conversation going on our social media pages as for me to hope to see her again the same place same time here on worlds apart. her. about your sudden passing i've only just learned you worry yourself in taking your last bang turn. your act caught up to us we all knew it would i tell you i'm sorry honey i
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could so i write these last words in hopes to put to rest these things that i never got off my chest. i remember when we first met my life turned on each breath. but then my feeling started to change you talked about war like it was a cave still some are fond of you those that didn't like to question our ark and i secretly promised to never be like it said one does not leave a funeral the same as one enters in mind it's consumed with death this one quite different i speak to you now because there are no other takers. claimed that mainstream media has met its maker. six guys or financial survival does. one customers go by your supplies. then else well reducing the hour. that's undercutting but what's good for market is that good
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for the global economy. you never know what's around the corner never know was in the pub and excitement now and that's where the adrenalin rush comes from. underneath the point definition and the extreme cruelty. the violence is a part. of schizophrenia. where you can do all these things and behave well. they're born in the public hospital for a little while for the hospital for the last. one this man infirmed. war policy in the fall. i would rather when the piper young really did a poll down now one of. the many reason is the beast if you don't let me
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involves this constantly evolving into. these we continue to discuss only about some are matters of the master. seek spots and we don't we are nothing to give to the next generation our reason for the rich to be proud to be utopian these is the reason all of us kept. a lot. of. the tab. back to look up that's not so good look it up was
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a misnomer. the headlines on our t. international police fire smoke grenades as clashes erupt at another mass rally in paris against president micron's reform southwest pilot was there when the violence broke out. and i just look behind me you can see it's not just. coming down covering this comfortably because. it's pretty rapidly. leaders of north and south korea meet to discuss the potential peace keeping the u.s. on board. only nuclear test site he witnessed first hand. they've
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opened the windows the blinds are out so probably means we're really really close. and there's something fishy in the waters off from the coast of seattle and america where muscles have tested positive for opioids highlighting the scope of the country's prescription drug prices. you can find out more about those stories over on our web site i'll be back with headlines again in about an hour's time and meantime here on our international it's going underground but if you're watching us in the u.k. or ireland it's split make things. worse. here we're going underground as vladimir putin hosts japanese prime minister shinzo up in moscow coming up on the show the italian job all italian. representative and
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former italian foreign minister franco frattini on whether it's really is next to leave the european union as italy's new prime minister is set to help the unemployed and why has the high court challenge the government over regulation of the media we speak to the alleged call a man who says he was interested by the murdoch sunday times to get everyone from the chancellor of the exchequer to the boss of u.k. spy agency m i six plus as the world faces its worst refugee crisis since world war two the chelsea flower show in london tries to undo some of the legacy of tony blair's war in iraq all the civil coming up in today's going. underground but first the pentagon may be the biggest employer in the world and perhaps took over from donald trump's cancellation of june's historic singapore meeting that might have gone some way to mitigate the killing of twenty percent of korea's population by the usa and u.k. but it's closely followed by the chinese people's liberation army walmart
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mcdonald's and britain's n.h.s. this week u.k. labor leader jeremy corbyn accuse minority government needed to raise it may have trashing europe's largest employer for privatized profiteering the national audit office criticised n.h.s. england's capita contracts saying and i quote it's hard to put patients that risk of serious harm corbet are there that thousands have been dropped from the national cervical cancer screening program and two thirds of all general practice doctors are received in correct medical records from privatized contractors to raise them a said she was committed to the n.h.s. seventy years since it was created by a labor government we had to ensure we remain true to our founding principles of the n.h.s. but is free at the point of the national presumably she wasn't referring to u.k. judges for medicine corbin wasn't convinced from the party that opposed the n.h.s. in the first place. the e was. far
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too much noise on both sides of the house twice in two weeks the speaker of the house of commons himself under attack in u.k. mainstream media had to intervene as labor leader called and tried to ask questions of the prime minister and this time it was before the prank phone call to boris johnson revealing the foreign secretaries interest in tying corben to vladimir putin the pm though tied corbin to another vladimir lenin they want to overthrow capitalism law what would that mean it would mean finally. only supported on. god i have a very heavy stand on this issue yesterday's m a says the party which extrapolating from the most recent election results would have a majority of m.p.'s in the british parliament wants to overthrow capitalism in effect she appeared to say the british people support its overthrow or thirdly in
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italy party's not happy with your liberal capitalism have been on a roll this week just to pick on ten who is on the record as saying twentieth century ideological schemes are no longer adequate has been named prime minister for more we're joined from rome by italy's former foreign minister now an o.s.c. special representative franco frattini thanks so much africa for tina for coming back on the show so who is italy's new prime minister do sepic on to just up the culture here is a professor of new birth of florence is professor in c.v. lol he has been making a start is also a broach not only in italy any used to be good by stressing the end of the superior council of a minister of the judiciary so all he has some institutional experience to not only an academic one your old boss prime minister berlusconi says
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that forza italia will vote against this coalition what did you make of that yell yes apparently. decided to bullshit against old dog someone to force a jolly people including mr berlusconi already said eve there will be some proposals corresponding to the send to ride program devil and gold fever and of course the lego is allow lay of mr berlusconi is the problem for him and his body the seventeen billion euro oh fives. star policy for youth unemployment in italy well it is but that five star electoral problem was focusing mainly on unemployment used occupation and may be in point of
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early helping the younger generation to get a legal job while not only was mainly focusing on security illegal migration policy t. policy or rule of law you know donald trump strategist steve bannon spoke this week saying that it's a bit like a coalition between bernie sanders and donald trump. because of the truth in that and no i don't i don't agree it is an excessive definition of what is the charge and government there are some points where of course five stars is more troll lefty's oriented while the delete is more rightist oriented byte by id end i'm sure there will be able to find it come a compromise i you'll or my country out of this that will happen but of course it's
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what the banks are saying around the world what your board younger and antonio to johnny will be looking at the coalition plan if it really means fifty billion euros of tax cuts the leg of policy seventeen billion euros for the poor pension reform maybe costing i don't know fifteen billion euro that pushes italy over the three percent g.d.p. deficit e.u. rule i'm sure you've looked at those calculations to what do you make of it yeah i'm sure first of all presses that matter as the president of the jolly republican will be closely monitoring the implementation of the program and also from the very beginning the i would see initiative undertaken by the government of professor i'm also sure you know what professor qantas said air when the designation came in a clear knowledge balances it will be kept as
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a principle so keeping your. path for. funny that because prime minister contests before he was named prime minister used to say things very much against the european union now he seems worse off and meanwhile do you think it's sensible that the european commission just as content was softening the stance arguably tells italy it needs more of sarah to. that's what i heard earlier this week well it is up saluted enough to pre-heat to kenya's li ask for more austerity for rigidity gives is exactly the opposite of what is necessary not all if for each only afford a majority of european member states nettie's promoting growth creating jobs i don't agree with all dollars messages coming from
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brussels i agree with the messages coming from brussels stressing debt european commission is the guardian of the treaties so all the member states including italy have to respect these is fine but please don't say always every minute austerity a steri a stary d. these is what inflames euro skepticism not only immediately if your good doesn't listen to you does that make it inevitable italy will leave the european union no is not possible it has unthinkable italy will be no one will be strong members in the european union in next years but having a very clear idea what is in the interest of italia each audio and took her nerves italia and the younger generation how.

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