tv News RT June 2, 2018 7:00pm-7:31pm EDT
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and bringing them to the bargaining table that that country example worked in my view whereas pakistan did not pakistan on the other hand was under a very similar heavy duty sanctions regime and managed with the assistance of our russian and chinese friends to do an end run around those same sanctions that were devised precisely for the the eventuality that came to pass in pakistan wherein they got a functioning nuclear device and the i.c.b.m.'s to throw at it india before we run out of time let me ask you about u.s. sanctions on russia. because those seem to have worked with regard specifically to one particular all dark and the second largest aluminum producer sanctions on individuals seems to have some impact here what do you how do you think they're working out so far i think generally if there's individual culpability by by a single person a sanction against a single person makes sense if there is
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a russian government decision say visa v events in syria or ukraine then a sanction against an individual russian unless they were individually culpable specific to that incident that you're sanctioning for then you get the apples and oranges problem and you're comparing two things that don't really compare well we've got way too much talk about we're out of time now but it was so great to have you and i hope you'll come back we'll discuss this in the future and other things it will keep international lawyer and analyst thank you sir. time now for a brief pause but hang here because when we return we'll take a little tour of some countries facing serious and significant economic trouble with noted an honest author weisbrod and before we go i'll fill you in on a weird but certainly troublesome circumstance about the release of those jobs reports numbers earlier today. that's sensitive data and someone violated the law
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a social club support dying of the illness or the club and why those who stopped. about her sudden passing have only just learned you worry yourself and taken your last wrong turn. to you as we all knew it would i tell you i'm sorry but only i 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 in my life turned on each breath. but then my feeling started to change you talked about more like it was a cave still some marshawn to feel those that didn't like to question our arcade and i secretly promised to never be like it said one does not leave a funeral the same as one enters my mind it's consumed with the. this. speech
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is every now and the. same to mainstream media has not its make. fifty years ago breaking within two comes again as a sleeping pill does this is what i believe because. the side effects what terrible but not on the road is shown. across europe victims astonishing legal battles demanding at least some compensation in two ways first will the physical times itself as well as the constant mind that the people who actually perpetrated this crime has never been pulled the justice and there's been a couple. welcome
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back hamburgers become the first city in germany to place restrictions on diesel vehicles a lawsuit from residents concerned about air quality compelled officials and the port city to include the diesel restrictions on the list of air quality remedies under the new policies diesel vehicles with out the latest so-called euro six mitigation technology name for the european emissions standard will not be allowed on two major roads while cleaner advocates said the measure went too far to limit rather the limits dead mark an important cultural milestone for germany diesel technology is actually something invented in germany and the country is therefore appeared reluctant to place limits on its own creation even as concern over diesel pollution has increased across. europe. and argentina this week
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president morsi o. marci battled with the argentinean congress over his plans to impose austerity measures of part of a bid for help from the international monetary fund the i.m.f. on wednesday the argentinean senate voted thirty seven to thirty to pass a bill limiting the president's ability to raise some utility rates mr marson vote vetoed the bill which is economy minister claimed would add three billion dollars to this year's budget deficit the president seeking to impose austerity on argentine finances in order to please i.m.f. negotiators as he seeks a thirty billion dollar loan this week he unveiled a plan to cut the twenty eight hundred physical budget to two point seven percent of the g.d.p. the i.m.f. reportedly may demand an even more stringent limit of two point five percent as a condition of the loan. and the latest episode of the week's political drama in europe has resulted in the fall of one government and a second chance for another in spain prime minister maria rae hope of the
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conservative people's party or p.p. was ousted as a pro a mentor a vote of no confidence after a long running corruption scandal involving bribes to politicians from the p.p. in exchange for public contracts in the first the prime minister is the first to be removed since spain became a parliamentary democracy in one nine hundred seventy seven and in italy the president has approved a revised government slate from the alliance of the ouster five star movement and hard right lig president sergio vetoed the first slate because he said the proposed finance minister wanted to abandon the euro the controversy of trying to racial picked for the finance post was then moved to european affairs much apparently reluctant to veto a second time relented and the coalition's prime minister was sworn into office safdar noon and now we take a little economic tour of a few trouble spots to help guide us we are pleased to be joined by an eminent expert the. director of the center for economic and policy research and the author
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of what's a book today mark failed what the experts got wrong about the global economy fed tacit mark weiss right mark thank you so much for being here i want to get to a couple other countries that but first of all what about what you think about that headline about italy well i think some of it's exaggerate i don't think there was a real threat even if that finance minister had been appointed and accepted that it was going to leave the euro and the the other thing that i think people don't understand is that this is the brief economic crisis that you had where the tell you and the yield on the talian two year bonds shot up and that's what put this on the front page of the new york times and all the business press as well you know the head of the european central bank has control over that if he wants to he can do what he did back in july of two thousand and twelve just say we're going to do whatever it takes whatever whatever to say and that would be in the end of it so he was using that pressure and there are reports in the italian press that he actually
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spoke directly to the president and said that that finance minister was unacceptable so this is this is part of the problem there of course i mean this is why the populist made such a huge thing i would say you know we get an election and the european authorities once again are telling us what to do regardless of how the voters vote so there's that fundamental conflict but the thing is it's so hard politically for any government to leave the euro they're all afraid to do it and you don't have popular support for it yet either and so i don't think you know the reason they reached this agreement partly is because people were saying that if they went to an election in july or september. which was the alternative if they couldn't reach agreement just now. then this would be a referendum on the euro i don't think that's true the you know italy might be better off leaving the euro but there's no there's not enough popular support for
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any politician to do that well i you know to some extent you could media gets all freaked out when somebody they don't expect to be elected gets elected not happen certainly italy let's move across the ocean and go to our argentina when the president was elected there back in two thousand and fifteen. international investors said hey let's put some money in there that's why these hundred year bonds that's not worked out so well the economy is in a shambles as we just reported the total shambles but not doing great the investors are going make their money and the government is trying to get this big loan from the i.m.f. what's going on well one hundred one hundred year bond mentioned that was an act of real hubris i mean you know you can't hold a hundred year bond to maturity so what happens as soon as the trouble hit the price of those bonds fall and those investors take a loss but i think you know in terms of the overall picture the government borrowed went on a foreign borrowing spree and that's the big thing you know if you borrow domestically that's you have your own currency but when you borrow foreign and you
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run a current account deficit which they have about thirty one billion dollars which is about fifty three percent of their export earnings so that's like a trip it's mostly trade current account deficit and they and then they they increase their foreign debt from like sixty three to one hundred eleven billion in the short time that he's been in office and that's a certain point the foreign financial institutions they were buying the short term debt just said they just said no we're not going to buy this that was around may first and then you got this crisis and the government jacked up interest rates to forty percent to. keep them there and then they also wasted about ten billion dollars trying to keep the peso from falling so there are really mismanaging everywhere and the kicker is to bring in the i.m.f. we've got seventy five percent of the country in the latest polls and they don't
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want the i.m.f. they have something like our great depression from one thousand nine hundred eight to two thousand and two where the poverty rate wonder if you're scared as heck to go back to that yeah they really are a let me let me just switch i just got a couple of minutes left brazil big truckers strike their people out in the street protesting high energy costs what's going on well there i mean there's a lot going on in brazil i think that part of it is certainly made things worse for the come in they settled with the truckers and so they're going to compensate them for the losses or are there some other union officials or say they may strike yeah there well there was there was the truckers and then there was the threat all right there as well of a strike but i think the government is in trouble in so many ways i mean first of all they put the most popular politician in prison right now. evidence that was really i mean to say it's weak is really an understatement they didn't really have any material evidence against him it was all based on the testimony of
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a plea bargain witness who was threatened and who was you know the plea bargain negotiators were cut off until he said what they wanted to say this is a little of the silverado who left office with eighty seven percent approval and he's in the polls he would win the presidential election in october so nearly half the country thinks this is illegitimate and he's being railroaded by the media and the and the in a very partisan politicized judiciary that's a real problem they're going to have because they're it's not clear that that election is going to be seen as legitimate and then you have this very weak economic recovery which now that for the economists are lowering their forecasts for after they had a very deep recession dump. digit unemployment and so this is again another example of a right wing government that is unpopular for so many reasons but they're also messing up the economic policy in ways that will make them even less capable of
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winning an election in the fall mark weisbrot boy what great information i hope you come back we could dig into this a lot deeper we need to we need to spend more time on it thank you so much for being here thank you for appreciate it. and before we go in true but unfortunately troublesome form this morning president trump tweeted the news about the jobs report ahead of the official release and some say it may have violated federal regulations prohibiting government officials from disclosure in advance of the official release and let me be clear goodbye novus it is a violation of the office of management and budget systems to kill policy directive number three i dealt with this sort of thing for many years in government and they lock these types of numbers down there and secured rooms and the reason is a pretty simple they're super sensitive and the release can and do impact markets
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and here's what occurred today everyone was waiting for the release which takes place at eight thirty am eastern time but the president tweets at seven twenty one writing looking forward to seeing the employment numbers at eight thirty this morning and as predictable as the sun rising in the east the bond markets reacted and yields on the ten years increased by just over a percent it is a percent a big move nope but there were winners and losers people lost and won money and the president violated the law and as a guy who worked in government for thirty years that was my career i mean it always upset me that when a fellow government colleague did something stupid much less violated the law but what is even more disconcerting in this is to ensign also true to form is that the president's press secretary sarah huckabee sanders defended it by poorly tap dancing on the head of a pin get this to direct the directive which the president violated by just a typical policy directive number three says quote employees of the executive
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branch that's him he's the president shall not comment publicly on the data until at least one hour after the official release time and ms sanders says well. the president was allowed to tweet because he quote didn't put the numbers out but guys he did comment publicly on the data by tweeting that he was looking forward to the numbers and that let traders know that the numbers were good right so his staff should simply insists or step away from the numbers or don't let him have them in the first place and the inspector general the labor department should be right in there certainly looking at some of these security issues and what they call the lock downs of trail hold all these numbers i want to be positive on the president is good on things and doing good things for the country and there is some that we talk about on the program but jus slow which is you shouldn't violate the law and he can't pardon himself. that's it for this time thanks for watching be sure to catch boom bust on you tube you tube dot com slash boom bust party will see that
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stuff. well you know the cars they were kind of adopted because we were called pirates for so long. i mean they're in this small ball and sticks it hard pulling ships and it's. not something. the little self did big told fish already ninety percent of the dots need to fall on because their . concept fifteen scoops seventy five tons and they do it several times a day with the big cleats no you get an idea on why.
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we have to understand we can not stay still and just. be with them this he does feel me going too far as. i'm doing this because i want the future world to future generations to have and enjoy the ocean we have. you never know what's around the corner never in the world seen the pub even to walk into a nice the excitement is that now and that's where the adrenaline in much comes from. the good news in the play definition and the extremes that will support. the violence is a poem. the phrenic. where you can do all these things and behave like badly.
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more than the death of a palestinian nurse killed by really forces only it's really gallons of water she was shelved on while helping the injured protesters friday and bizarre. letter was given to me by kim young the farm's would you like to see what was in that letter and tell you i love how much how much better how much after having a letter delivered from the leader of north korea. the much anticipated summit between washington and pyongyang will take place after all. a florida jury awards for us. said compensation to the grieving family of a plot that was fatally shot in his own home by police we speak to the families.
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who have to tell three children that their pain and suffering their loss of a father is only worth a penny. a run the clock across the world this is our two international from the entire team and myself you know me a welcome to the program our top story palestinians are mourning the death of a nurse killed by b.s. really defense forces during protests on the israeli border on friday pictures of the young nurse went viral on twitter as people expressed their condolences result was part of medics tending to wounded palestinians demonstrations continue over what they deem in this really occupation of their target three gaza based
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journalist attended the funeral we are now in the funeral of her son and no shot at twenty one year old palestinian female that was shot by this right snipers yesterday on the tenth week of the great much of return president was out when she was trying to rescue a lot of the palestinian protester that was shot by the israeli snipers near the front of the sun has been volunteering as a prime minister for ten weeks of that very much of return she has been working as a volunteer for more than two months dozens of hundreds of females palestinian paramedics palestinian journalist palestinian females all looking for down everyone is sad and sad this is filling the place. my daughter was shot by israeli forces they deliberately targeted her it wasn't around it was a sniper they knew she was a paramedic she was the first female paramedic in the field she used to buy medicine for the end. who couldn't afford their own treatment knows i was with her son when she was killed we were trying to get the injured from the fans when the
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israelis tossed approaching their snipers target us with tear gas we were suffocating and then they started to shoot randomly one of the bullets aimed at us his results chest result was pointing to her back and then she fell to the floor our message is a humanitarian one we go to the border to rescue injured people we are unarmed we're wearing paramedic uniform all we have is medical tools and that sent to help the injured a twenty one year old mom died due to a gunshot to the chest the bullet was lethal causing severe bleeding in the chest around the order so when her corpse was delivered to the hospital we were surprised by the barbarity facing the medical crews being targeted just doing their duty to treat the wounded medical crews are doing a wonderful job and we thank them for that doing their duty for their people. r.t. has received a response from the israeli defense forces concerning civilians being targeted they
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say there are thoroughly examining a number of cases including the death of the nurse however the i.d.f. also stressed that hamas is deliberately putting civilians in danger meanwhile the u.s. has vetoed a u.n. resolution that calls for the protection of palestinian civilians on the girls' a border while america's own resolution that blame the islamists their militia group hamas for the violence failed to get any support the consultation. the drop has been submitted on behalf of our nation the resolution offered by kuwait represents a one sided view it would kuwait the resolution objectively reflects the current situation terrorist group hamas they are its primary responsibility for the awful living conditions in gaza. you. feel in terror poses the main threat to palestinian and israeli civilians hamas is a major and pediment to pete use
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a response song who is responsible for gases being besieged by here and she did not have an access to basic necessities is written it is hamas that has consistently diverted humanitarian assistance into military infrastructure who is responsible for the detention of hundreds of palestinian children is really united nations side with terrorists over israel as the kuwait resolution does. those against. a separate resolution the text as proposed just not reflect a balanced and cultural approach to the israeli palestinian conflict the american does not adequately reference israel's responsibilities and obligations with regard to this resolution rightly places responsibility where it belongs those in favor of
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. this search and there is another missed opportunity for this kind of. the meeting is adjourned well during those two month long protest being spoken about in east one hundred sixteen palestinian protesters were killed by i.d.f. soldiers on the border according. the international red cross thirteen thousand palestinians have been injured more than three and a half thousand wounded by live. well the organization is thing it's medical assistance program in the area the initiative will cost more than five million dollars over the next six months it includes two surgical teams which are expected to conduct two thousand operations also a fifty bed surgical unit that's well as additional part of medics on supplies here said the red cross describes the humanitarian situation as it stands right now in
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gaza. the hospital simply cannot grasp or deal with a bigger influx of violence. if we see the same amount of wounded arriving in your speed doors as what we saw on the fourteenth of may and would simply have hundreds of patients leading to death as a parking lot. was. tense and have already lost some of their limbs and became amputees and follows an arms have been wounded including several thousands by live ammunition that's something that is overwhelming for any help system in the world the accelerated deterioration of the humanitarian situation has affected all speed or. has afflicted all key infrastructure so the capacity of the system to cope with this with
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a new inflicts is extremely limited and this is why the i.c.r.c. he says well. it's capacity to whence where we've as a medical needs you're in gaza. you know when you are you know peter higgs a palestinian red cross and a speedo and in fifteen minutes eighty we've been wounded arrive when you're in chief and in eight hours five hundred cases arrive this is something that is absolutely unmanageable in most schools in paris in new york but even more in gaz are which is already civilly weakened and butter of the place a very difficult humanitarian situation that prevails in history. i was. you money tyrion assistance is very nice and this is why we decided to act even more but on top of the
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absent of geopolitical really even decisions the situation we only worsen and worse than guys are now working on the head of a cliff. donald trump has reaffirmed his commitment to meeting with the leader of north korea for a peace summit this month it's after the american president revealed to journalists that he received a quote very nice letter from kim jong un the thing is it's not clear whether trump actually read that. a letter was given to me by him you know and that letter was. very nice letter or would you like to see what was in that letter that you like with how much how much how much it was a very interesting letter and i haven't seen the letter you know i purposely didn't know for eleven. i haven't opened it i didn't open it in front of the director the
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letter was passed to trump by a former north korean intelligence chief who is part of the delegation to the u.s. talks between american north korea are scheduled for the twelfth of june in singapore the meeting was earlier called off by trump due to what he called open hostility here's polly boyko his take on what's going on. yes i may have a copy. probably possibly maybe in case you missed it is that a feel good story of the so. don't try and came to my bold on tenterhooks there are you most in rachel then you just an instant mina. just as attractive aren't you glad that these other two men with that fingers on the bottom as big date palms the june the twelfth trump pulls it off saying that a friend told him said that he'd heard from someone else that it was saying.
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