tv News RT August 23, 2018 9:00pm-9:31pm EDT
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and of course nobody in mainstream media want to focus on this because it could be lies there is beers the. program back this is our t. international now as donald trump presidency enters perhaps its most precarious period yet he has hit back at those calling for his impeachment over his implication from a hush money scheme in an interview with fox news the us leader claim to such a move would be catastrophic for the economy i don't know how you can impeach somebody who's not a great job if i ever got a ph i think the market would crash i think everybody would be very poor. art on tuesday donald trump's former lawyer implicated the us leader in breaking campaign finance laws in two thousand and sixteen michael cohen said that he was instructed to pay hush money and to alleged mistresses of trump on trump's orders in order to
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influence the election but despite being in deep legal trouble it seems cohen may have found a way of capitalizing on his situation his lawyer has launched a crowd funding campaign aiming to raise half a million dollars now so far over a quarter of the target money has already been raised with more than two thousand people donating in just one day the petition says the money will go towards paying cohen's legal fees and allow him to continue telling the truth political analyst charles orto gave us his thoughts. isn't evidence here rating michael cohen muller's rating michael cohen's office is to get what arguably is privileged information between cohen and his client donald trump. as it were trumped up charges that really are non crimes that go on is felt such pressure to admit stand a stark contrast to the approach taken by loretta lynch komi and others to go after
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the clinton foundation over actual public corruption actual fraud actually actual mishandling of classified information there's a clear double standard here well i draw your attention further back into history and i in one thousand nine hundred five and afterwards the clintons themselves were basically bankrupt they raise over ten million dollars to pay their legal expenses nobody seems to be bringing that up. all right washington has voiced concern over turkey's decision to purchase russian made four hundred missile systems and hinted at the possibility of sanctions against any nato allies making such moves you know it goes against our policy to have a nato ally such as turkey use an asse four hundred system part of the problem with that it is that it is not in iraq robel with other nato systems and so we are against the having some of our partners and allies around the world potentially purchase s. four hundred seven would trigger katsa sajan i'm not going to get into that but we
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have made very clear what could trigger sanctions for other countries and entities around the world. the russia at four hundred missile system is capable of hitting multiple high speed aerial targets within a range of about four hundred kilometers the deal signed by turkey and russia last year is worth two point five billion dollars turkey has been looking to bolster its air defenses after the u.s. withdrew its patriot missiles from the south of the country back in two thousand and fifteen. former u.s. a diplomat jim john trust told us that he thinks washington's concerns over the purchase of us for hundreds. political the people behind these policies do not look at russia as a partner at all they look at it as an adversary and that their goal is essentially regime change in russia buying russian weapons is not bad because there are a competitor for business there are bad because there is essentially
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a full scale political warfare being carried on against the russian federation by the agencies of the american government i don't know that this is nationally what's president trump wants but it's certainly wanted hartman of state department of treasury and other organs of the government want and. purchase of russian weapons is bad because russia is bad i think that not only with regard to arms purchases but every other excuse we can think of we will find ways to put new sanctions on russia or countries and companies that deal with russia. something that few would have taken seriously only a couple of months ago an alternative it to the swift banking payment system has now become a legitimate discussion topic in the e.u. here's the german foreign minister floating the idea of an independent system. where the u.s. crosses red lines we as a european must counter-balance as hard as that is it is indispensable that we
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strengthen the european autonomy by creating channels that are independent of the united states a european monetary fund and an independence we system swift which stands for the society for worldwide interbank financial telecommunications is a global payment network it is designed to secure transactions between banks and encompasses eleven thousand financial institutions in two hundred nations twist claims of political neutrality but has apparently caved to american pressure in the past and since washington withdrew from the iran nuclear deal and reimposed sanctions against iran swift has been left with a choice cut off iranian banks from its network by early november or face an asset freeze travel bans and restrictions to do business in america a german m.p. from the f.t. party thinks that although the foreign ministers call makes sense it's come at the wrong time the one who controls finance controls everything so in
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this sounds exist to teach a goal of mr maass making europe and germany more independent by creating its own financial system it's a it's a strategic goal that has its right to exist but please we have to to take into account possible reactions from the united states i think they won't be fond of this idea and we cannot force tourists in the ties with the united states at the same time when europe itself has deteriorated his relations with russia so with the boldness of mr mas it's not in the right time and not at the right place. although europe is one of america's closest allies the kind of treatment the e.u. has been receiving from the u.s. of late isn't exactly what you'd call friendly.
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to the united states will withdraw from the iran nuclear deal that diminishes complicate any international order you need is never a good break the rules that we ourselves helped to create. we saying things to them they're saying no thank you we don't take you for that free trade that's stupid trade so now we will also impose import tariffs you can also do stupid we also have to be this stupid. expect that you are peons will seek this business is a load. of the choice between doing business with a rock doing business with the united states sporadically. and that does it for me i'll be back with more news in about well it's
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yet to shape out these days comes to etiquette and in games from an equals betrayal . when so many find themselves worlds apart we choose to look for common ground. when a loved one is murdered it's natural to seek the death penalty for the murderer i would prefer and it be in the death penalty just because i think that's the fair thing the right thing research shows that for every nine executions one convict is found innocent the idea that we were executing innocent people was terrifying lose just move the present and then we hear even many of the dems families want the death penalty to be abolished the reason we have to keep the death penalty here is because that's what murder victims' families what that's going to give them peace
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and it's going to give them justice and we come in saying. not quite enough we've been through this this isn't the way. to. fix. this is boom bust and we're boom we have out from washington d.c. i'm part shows and thank you for being on for coming up today there's trade in tariff news much of it related to the auto sector lauren fix the car coach will join us again to discuss that and test those continuing problems this time with their suppliers plus the doctor is in the house for once again joined by john mother of all the director of research pricing and purchasing at i.h.s. market about dr copper for
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a prospective prognosis on the economy and legal journalist molly barrows from national trial lawyer magazine for the latest on this busy day agers of face was hard to correspondent actually banks tell us about an interesting and innovative way that some people are getting their gasoline all that ahead but first we had a few headlines in another sign of the times try. has passed a remarkable milestone reaching over eight hundred million internet users according to the china internet network information center or c c and i see the group as monitor internet usage and related figures since one nine hundred ninety seven and then their fortieth annual report they find that fifty seven point seven percent of the chinese population is online with thirty million additional chinese individuals logging on in the first half of this year alone interestingly c c n i see found that only one point seven percent of chinese internet surfers use non mobile devices to go online they're all using phones the south china morning post found in
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their china internet report that there are three times as many mobile based internet users in china as in the united states over five hundred sixty million chinese now use their mobile devices to make payments according to see c.n. i see that's twelve times the number of consumers who regularly paved the mobile in the united states. german auto parts maker continental eiji has issued a profit warning serving notice that they expect tariffs and slowing demand in europe and china to darken the economic outlook for twenty eight team continental stock fell more than thirteen percent on the news marking the worst single day for cottonelle shares since two thousand and nine continentals warning and the reasoning behind it convince some investors to sell stock in other auto parts makers such as goodyear bill layo perelli and michelin sending shares lower on carmaker stock prices which waned in trading continental also pointed to twenty
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billion euros about twenty three point seven billion dollars the company has invested in q one and q two of this year to develop new manufacturing technologies for the many types of parts it makes suggesting better returns could be in the near future. and u.s. commerce secretary wilbur ross has announced that the trumpet ministration is suspending implementation of proposed tariffs on imported vehicles that's welcome news for many in the auto sector including a newish organization the driving american jobs coalition comprised of eight auto industry associations which want to have a singular and clear message about their concerns related to the imposition of tariffs the coalition stated that the proposed twenty five percent tariff would quote have a devastating impact on the automobile and parts industry and they say that up to seven hundred thousand u.s.
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jobs could be lost and nearly sixty billion dollars of gross domestic product could also be lost they also said the terrorists could increase the average cost of a u.s. vehicle by four thousand dollars and in testimony today here in washington at the u.s. trade representative's office there's a hearing on tariffs and the senior vice president for government relations with the motor and quit manufacturers association and wilson made the case that terrorists could have a more negative impact upon the u.s. economy than the administration may understand auto industry jobs of increase for the last five years as companies with have also increased their capital investments miss wilson said we should be focusing on retaining and growing those jobs interview with marketplace ms wilson said she was quote cautiously pessimistic about the current circumstances. and here to discuss is lauren fix the car coach who is also the president of the car utility and truck of the year award lauren thank you for being with us and what do you make of this stuff all the trade war
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the proposed numbers that i just talked about about jobs lost maybe there and like you know defcon one horrible circumstance they think they seem pretty high but we don't want any jobs lost i suppose what's your view well stand i mean think about it half. the dow jones is half of those stocks are automotive related simply half of the d j i a that's a lot so there is an impact to even everything from accounting firms marketing firms you know food services travel so yes there's an impact but if the goal is that many jobs know right now from what i can understand based on how we've seen president trump operate this is just a tool to get the chance to say listen you can bring your cars in our country and we're not going to over tariff you and then we'll match that here and of course you saw the e.u. jump right on board saying yes let's talk about automotive right away because that's the one that's going to impact them the worst.
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