tv News RT July 11, 2018 9:00am-9:30am EDT
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look at a person's right. an illegal immigrant or undocumented whatever particular phrase you want to use who came in and demanded and received and abortion now this is red meat for the prototypical right wing and he dissented as you can imagine but you have to read the way he says it's very very crafty let me just leave you what with one thing when a judge puts that robe on historically judges presidents have thought i've got the best guy possible j.f.k. picked whizzer white byron white who turned out to be very very conservative nixon picked harry blackmun who gave us role against wade the classic the greatest ever was earl warren eisenhower said this was one of the worst decisions ever because of the warren court anthony kennedy sandra day o'connor were adamant in maintaining role and reagan said i don't understand this so the idea that you know what some judge is going to do if and when they are presented with this by the way gun laws
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like justice thomas says are an orphan issue you're not going to be hearing about second amendment if you we're not going to hearing about roe you're going to be hearing about regulation you're going to be hearing about business you're going to be hearing about that which they're going to say. fortifies covers cost protection but doesn't impede free free enterprise that's what you should be watching very somber and interesting fact we appreciate you didn't get into this line of why no media counselor thank you for your time thank you sir that. time now for a quick break but stick around because when return we'll be joined by chris martenson the founder of prosperity dot com to discuss the circumstances and potential for dire consequences regarding iran and their continued ability to export oil as the war of words and actions that sell. what lauren fix the car coach
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is back and will discuss auto industry news including a long lost trip to china where he made a major announcement this morning and as we go to break here are the numbers at the closing bell this fight for the rising price of oil seems to have stalled just below seventy five dollars will be right back. a trumpy in kind of view it is an understatement to say donald trump is an unconventional and an orthodox political figure in his critics do have a point when they say trump appears to be harsher with allies than with real or imagined enemies then there's the middle east and iran why is trump so obsessed with a rant. does
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welcome bret back president care to one of turkey has appointed his son in law as the country's new treasury and finance minister the son in law bear out by rock has held the title of energy minister since two thousand and fifteen is married to the oldest of the president's daughters the turkish lira fell by roughly four percent after the appointment was announced and there was a sell off in turkish debt and shares yields on ten-year turkish bonds rose seven point one five percent mr erdogan also took the oath of office on monday for a new term as president and issued a decree cutting the term of his appointees to the central bank from five years to
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four it's unclear if the decree will impact the current central bank president. the vice president of iraq asked. it's let me get that right s. iraq john hungary said today that while u.s. sanctions will negatively impact the iranian economy the nation would endeavor to quote sell as much oil as we can the statement comes in light of president donald trump pulling out of international accord the iranian nuclear deal is what most people call it which lifted sanctions are in iran in exchange for them scaling back their nuclear proliferation program and the u.s. saying in may that other nations would face consequences if they continue to purchase or oil from iran after don't bamber fourth of this year and some nations have said they will continue to purchase iranian oil notably india which is a large iranian oil importer and european officials which continue to support the iranian nuclear deal say they will remain active and engaged with iran just days
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ago foreign ministers from france germany britain china and russia the five remaining signatory nations to the nuclear deal offered a package of economic assistance to iran. and as the u.s. government remains engaged in trying to shut down the iranian oil experts iranian officials have responded recently by threatening to block the strait of hormuz that's the water passage between the persian gulf and the gulf of oman which where roughly twenty percent of global oil passes through while such a move would create a possibility of armed conflict it's seen by observers as very unlikely however it does highlight the importance and significance of the matter to our rein in officials and to help us out in understanding all the ramifications of not only the iranian circumstance but other global oil's issues we are please once again to be joined by chris martenson the founder of peak prosperity dot com chris thanks for being with us what's your take on the iranian situation. well thanks for the
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invitation bart it's obviously pretty serious that the iranians in the united states have been going at it for a while along with saudi arabia as the proxy in this in this particular story and so as you just mentioned iran has said well you know if we can if you want to allow us to export oil will shut the strait of hormuz down you know this is a very narrow choke point as you mentioned twenty to thirty percent of the world exported oil comes through that choke point it's not very wide two tankers can go one cut one set coming in one coming out and iran has the missile technology to actually close it down if they wanted to it's a very narrow band of water as i mentioned you can easily park antiship missiles well inland very difficult to defend and the united states has said hey you know where it will guard this and we'll make sure will sure it stays open but it's not clear that they can so the main issue as always would be if you're the owner of one of these major tankers and it's a big investment it's full of inexpensive cargo if you can't get insurance you can't sail through there and that would be the prime issue yeah and think about all
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the traders you know on the street and lun-lun london trying to hedge their risk on on that whether or not your money is all tied up costing you millions and millions of dollars per day chris i wonder about your take on sort of this cat and mouse game that we have talked about in the past that is the other nations being sort of threatened by the trump administration to not deal with the iranians on oil after november fourth whether or not you think they're going to continue to do that or whether or not there will be so much pressure that they'll have to stop right now it appears that those five nations germany france the u.k. russia and china are going forward india's been really clear about going forward but i think i may have even read some about how south korea is saying they may not so how do you look at all this chris. well we really have to look at this is an oil situation is global and right now we're seeing that global supplies and demand are
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roughly balanced it hasn't been that way in a number of years and it's a very inelastic market so even a tiny supply disruption could easily result in a very large price movement obviously that would be a very unwelcome development for places like south korea you just mentioned japan portugal spain greece places that are hundred percent importers this would be a very rude shock at a bad time so nobody really has an interest in seeing that while prices spike at this point in time the countries you mention though have realized that they don't have opportunities to replace that iranian oil right now we've got venezuelan production absolutely crashing because of a whole host of reasons but mostly it's the collapse of their society we have supply disruptions also in libya there's the possibility that the yemen situation could also begin to choke off things in the red sea which is an alternative transit point for some of that oil that comes out of the persian gulf so it's a very tight situation and guess what places like china india and so on are saying
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we don't we can't do without the iranian oil right now trump for his part he tweeted hey saudi arabia want you dial yours up two million barrels a day great tweet but no experts i'm familiar with think that saudi arabia has that spare capacity right now yeah that would be a lot of extra pumping and then you know if the iranian production did continue it would be pumping and dumping and that would certainly have an impact on price and in that regard before we go and ask you an unfair question chris given all these ramifications we talk about price now well was trading i looked at it a little bit ago and i think it was in the upper seventy three dollars level and and gasoline is in the two eighty's or two ninety's per gallon what do you think's going to happen in sort of the next month or so. well we have been seeing bart this supply demand balancing out we have been talking about this for a while we are going to begin to see tighter and tighter supplies that's going to keep pressing prices higher so i'm looking for more upward trajectory in the price
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of oil and the only little asterix i have to put on that besides a economic slowdown that could hit demand is that if we do get some sort of a military thing that does end up shutting down the strait of hormuz you could easily see a doubling of oil prices if that lasts for more than a couple of weeks yeah it's one thing to say that you're going to look at the iranian production and have a problem but if you talk about like we say twenty twenty percent of the oil moving through and thirty five percent of the water oil moving through the strait of hormuz that could have a big deal difference and we chris martenson the founder of peak prosperity dot com chris thanks to reshape it. you're welcome bart. and add tesla to the list of companies caught in the crossfire between the u.s. and china china is reportedly tesla second largest market but china has retaliated against u.s. president donald trump with forty percent tariffs on automobiles and corded from the u.s. tesla then raise prices on their most expensive s. and x.
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models by about thirty thousand dollars tesla founder and c.e.o. elon musk having squeeze some publicity from the cave rescue in thailand despite and doing nothing it was going to develop a little tiny submarine it was reported but he was in shanghai today to talk with chinese government officials including a meeting with the mayor of shanghai where he announced that tesla will build a plant in the city of note is that china will not own any part of the tesla plant we've talked about that before about china demands the they own part of it but after construction begins the plant may take two years to build and being completed in twenty twenty or twenty twenty one after that it said that will take five years to ramp up production to a goal of five hundred thousand vehicles per year that is of course assuming the continued growth core three mains on target and here to talk tesla and other auto industry news is the car coach lauren fix who is also the president of the north
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american car utility and truck of the year award lauren thanks for being with us mr musk was going to create that submarine to get the soccer team out i just i was rolling my eyes when i read read that i mean we all were glad that those kids were saved but the big news today is about his trip to china and if it's possible to hear somebody rolling their eyes when i was reading that headline about five hundred thousand vehicles i thought i heard you rolling your eyes what do you make of this announcement. well first i have to give you some credit i don't know him personally but i will say the fact that he was the only c.e.o. of all the manufacturers that went over there and brought the little ship actually built after the space x. program brought engineers over to try to help save those kids even though they didn't use it and he had course made a public appearance because it was all about the show the fact that he tried to do something i give him credit for that so that's where you get some credit for me but he likes to play the game in twenty fifteen twenty sixteen twenty seventeen and
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here we are in twenty eighteen again he says we're going to china we're going to build a factory and china won't own any of it well china has their own regulations and we know that and g.m. general motors and b.m.w. they're all building and assembling cars are in the process of building more factories and guess what china owns half of them and he's going to need about five billion dollars to do it out of his own pocket when you partnering with china you cut that cost in half and it will take about three years if you're super aggressive on building it which means you have to start like yesterday it's going to take quite a few billion dollars you've got to train employees and it would double the capacity i think that it's a very ambitious suggestion but to me it sounds like hype in order to raise money because he's burning through cash like nobody's business and soon as they make that two hundred thousands car here in the u.s. he's going to lose the seventy five hundred our tax credit and the competitors are going to have that available and that will hurt his sales well that's very interesting on the tax front lauren tesla is that the only one i read i hope it's
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news out today but i read it today that b.m.w. has announced that they they too will make many cars in china is as part of a joint venture now this is going to be a joint venture unlike the tesla deal with great wall motor oil motor company i soon that is the partnership that they all have there and the c.e.o. harold krueger touted the deal for the joint and auto maker what is it about china we know that there are huge population of what the consumers. but you have told us before we talk about electric vehicles in the states you know look there's no places to plug them in in the midwest except try to tell us why china is such a potentially lucrative place for car makers in particular electric vehicle makers . our own number one they they are demanding and mandating that by two thousand and twenty every vehicle on the road is going to be electric that's a big challenge remember china does a lot of silly things like that like we're going to say you can have one child and
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they realize that everybody had boys and they had no girls so it wasn't easy to expand the population so now they said no you can have two or three kids sometimes they make rules and regulations that have they have to back pedal on and this may be one of them one of the things that china is doing though and i give them credit for this is they're building nuclear power plants like crazy because they don't have enough electrical power and how do you get that quickly you can't do it off for wind and solar it's not enough you have to use nuclear power so they're building nuclear power plants in order to power this but they're still going to have an infrastructure problem there's not enough places for everyone to charge people in general across the world are very impatient they want to plug in their car and have instant charge like you fill up for a tank of gas and that may cause some issues we'll see if they back pedal on this but right now if you're smart like b.m.w. and general motors and ford they're building cars in that country because they know people will be buying those electric vehicles and certainly you don't want to miss out on that because that's money that's profits at sales and that's good for global
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and especially if president trump ends up reducing those tariffs to zero and you have very true free market globally you're going to watch a lot of cars being shipped out of china to other countries as well so this is very interesting to watch and i'm watching very closely what's going on with these meetings we shall see that could change everything reminds me a little beach boys song wouldn't it be nice if we had free trade lauren we covered yesterday on the program nissan you know the latest to confirm that they falsified a missionary plane related reports on one thousand different vehicles i mean is this stuff to skin to continue to drip drip drip out and do you think there might be others that we have not yet heard about. yes i do think there's probably others out there what happened in this particular cases they had people that weren't qualified approving their e.p.a. standards and you have to be really careful because there are regulations here in the u.s. we have the department transportation we have the national highway traffic safety administration and we have what's called f.n. v.s.s.
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which is the federal motor vehicle safety standards and each one of them kind of contradict each other so you have to know each one and have lawyers to kind of place that out and so if you follow the regulations exactly to a t. you're fine but the problem is those regulations keep changing and other countries they keep changing and so if you're not on top of it you're then breaking the rules and in this case it cost them on the stock market and the sound smarter than that i mean kabul's goan has been running this company very successfully nissan makes great product but when people find out that you're lying it does impact the bottom line which is sales and that's not smart and absolutely got to be honest with consumers lauren fix the car so much and president of the north american car utility and truck of the year award thanks for your time as always lauren thank you . and that's it for this time you can catch boom bust on directv channel three twenty one dish network channel two eighty or streaming twenty four seven on pluto t.v. the free t.v. app one thirty two or as always get your ride with us at youtube dot com slash boom
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bust r.t. ca down the road. across europe municipalities are taking their water supply back from private companies to mean to people this is a simple song alone even some company else with they invite private companies to take over the utilities anybody tell us that. a locksmith because he got to be a violin the going to. have been this is us to quote them out of it for you but the lift. locals are ready to stand up for the basic human right of access to water it's about water but it's much more it's about the hurt and the redistribution of. it downwards
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the one. god. lies only in good gracious i mean finally counted it's going to decide who. france in the final of the world cup twenty eight here in russia. and fans of both teams called for the much right on red square at a crucial encounter many clearly impressed by russian hospitality. they do it is
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about french people staunch belief but once people realize he just is not the type that is still the time england fans come to russia. away from football just some other news and a headline donald trump a nato allies gathering for a summit right now in brussels the us president is demanding more money from licenses that germany is virtually a financial hostage of russia over gas supplies but. it's eleven am just after wednesday the eleventh of july like marty h.q. of moscow kevin i am with you at the table for the next thirty minutes for the news and sport for good morning from me then on another big day of world cup football straight down to business looking forward to that clash tonight between england and creation is said to downtown moscow in the guise that morning.
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yes thank you kevin good morning to everybody joining us for our analysis the build up to the second world cup semifinal is going to be just down the road of the list . and probably a few extra sneaked in around the going to be watching this week we think about maybe ten thousand english fans have made it out for the game the whole country talking about of course don't forget all the clocks will be stopping in croatia as well this is just as important for them yes and what they're playing for the right to play a very very strong france. and even stronger in my estimation belgium side yesterday one no in the final very convincing with everyone in that to. chipping in with some positive stuff and we'll show you that and a bit of highlights in the next hour but for now let's just talk about that game this is a very very tasty game that we got here today we saw england only it was
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a six days ago play colombia they were here in moscow we were expecting a lot of england fans to travel for this game but really no one came that was it wasn't anything credible party with and these fans colombian fans and the colombian fans and and been great and in moscow it wasn't now they passed any final against croatia we've seen loads of creation fans all the way throughout this tournament but today we do expect a lot of english fans as well and the evidence of that was was walking through moscow last night i saw something in fans on on the underground system last night they were singing football is coming home you wouldn't be surprised they clearly had a few drinks and again that's not a problem the scene there but they were drinking pints and being in the underground system. the fans had a great time while it's illegal so we want them to have a good time but if you want change please you know just respect the laws of the
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country and i have to tip my hat to the moscow place i would do that too often but they were clearly bending over backwards to accommodate that visitors just will see the kind of same respect shared in return i think i think that's a really good point that having been here for nearly five weeks now we've seen how hard the authorities dealt with the with the its support of everyone in the world i think that everyone who's been here has had a really good experience and that's been no trouble so hopefully we won't get people in on the day and then they misunderstand the whole situation so you know we can have the biggest party you want but keep it within certain boundaries but that's not what a game so we have got croatia who has been playing really well the group face they want all of their three. games and let's not forget really convincing picture of religion saying absolutely they beat i can see the three in hell and people were sort of thinking what's happening here but this is a proper football team so they've got they've got really good players in every
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position. i think the manager is a bit challenged today because there are some issues that the normal right back. he's name is so difficult to to pronounce. vet but so i think it is. came off with an injury from the game against russia and me injury and certain media has been confirmed as not being available today and certain media still think that he might play so you know he's been playing every game if he's not playing then what more does who's playing then we think my might play in the us had a really difficult year he played for a local to look with of moscow and so he's going to play nearly at home tonight if he plays but he had an achilles tendon injury that took him out of the game for seven months he came back had a few games and then he got the injury that you very often get from after that
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cough injury hasn't really played that much but he did come on in the game against russia so we assume that he is fit so he has a strong croatia squad not just you have some some inside you think they've got a strong eleven how much depth they got beyond that we saw when curation put out a lot of this kind of second team and they were still too good for iceland in the great state this is still a sport very much so they look like a unit and this is this is what you need you don't forget that is only it's only if we're not even four days ago upon and if you look at the calendar it's four days ago since they played russia in that hundred twenty minute drama in such a plus a penalty shoot out and for those of you who watched the game soup is it's the creation goalkeeper he came down very laden. that came with an injury and they looked at everyone watching like hamstring injury and with that you get an hamstring injury you have to come off because you can't move. you don't play for
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the next six to seven weeks but but this fella daniel suited to play for monaco he carried on he seemed to get better after the injury which was incredible it's interesting to sort of read what happened he spoke about that he said that he in the wal-mart he felt a muscle tiredness like a cramp and that was in the warm up and it got worse and was throughout the game and he had that situation why he dived to actually outside the goal dive to save a goal from going out for a corner king and that's why we all thought he'd done his hamstring but he hadn't done that and apparently hadn't done he. i think he was just his muscles the time he sets a long season and this is this is you know if you can play today he is he has been absolutely fantastic he saved three penalties in the pounds issued out against then and he saved one in the pounds a shoot out against russia and in all fairness in that extra fifty thirty minutes
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of. extra time in that game that the of the quarter final against russia he made some incredible saves i mean really incredible saved could have taken russia directly into this game but then he's a very important player for full cooperation would be looking to keep out more of this than anyone else harry the current top scorer in the competition. how do you rate cain's opportunities how many will he get do you think he gets this question difference i'm not sure he's going to get anyone i mean you have to work really hard to score against croatia and we've seen that all the way throughout this tournament and they had a bit of a scramble in the game against denmark where they conceded the goal within was it forty seconds basically down to the lack of concentration. and after that they were really solid then mike and no answer for that and yes they conceded two goals against russia but it was a gong high game it was you know we have to go for it now now we don't have to and
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it was a little bit and i with the tactics with changing and of course that could happen today but for how we came to score today he's got to be on his best already glinda overly reliant on him if you look at for example the comparison to a ship a different goal scorer as. you know predominantly he's getting the goals for england is not a good thing or a bad thing he scored three goals from open play i think that for a strike is really good at this stage but his overall score three penalties and that's a concern is tied into six johnstone to score two so that's a center half and having a quiet on the center half is also scored a goal and then you're looking at the players players like that jesselyn guy and so he. and between then they've got two goals that jesselyn got scored one and then he had the score one i think stirling i've had so many chances and he has not scored and maybe just maybe today and cameras southgate might be looking to someone else
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and but then you know if you look at how the whole performance over the five games has been sort of projected it's been a success so you might be reluctant to change anything and just carry on playing with the same starting eleven ok well as we've talked about the funds are coming in probably the biggest much of that on time for most of them from the real veteran supporters let's have a look at first of all the crisis fans they've been in now famous nicole straight and have been going to time. but. there's. something. hollow i don't know about the two of them in the underdog every play good soccer i think it's a psychological pressure on england team because they have favorites.
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