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tv   News  RT  October 5, 2022 3:00pm-3:30pm EDT

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ah, ah ah, okay, plans the officials, they then know gamblers and they defend that decision to flash oil outputs for coating, for a more responsible approach to the global energy crisis from western power. and look at what could happen. backpedaling. yeah, trying to kind of take i choke, we cannot afford pink eye chips. russia won't be my nose salad oil to country that adult pay price limit on the commodity in response to the decision to impose a us national debt to historic highs of the country. borrow more money to help find on budget deficits
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a 40 year record inflation. a will welcome to you. this is all the international with the latest world news update. it's great to have you with now the opec plans, the oil, like sporting a blog members, including russia and saudi arabia, how the proof, a major cuts in crude outputs around $2000000.00 barrels per day is the biggest such reduction in over 2 years. and he's aim to popping up prices on well, markets, saudi arabia, as the energy minister explains the reasoning behind the decision. and not in the gambling business. we have to be careful. i have had 35 years of experience in this field. i would like to challenge anybody who could come and say would be into
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a situation as similar as it is today. and if we are not to be a tentative or ticket likely next. hm. either it and look at what is happening did back building they are trying to catch up. we cannot afford playing, catch you. so on the one hand we have the intentions of the e. u and the wes which are crystal clear, they want to punish russia with low all price is by introducing a price cap. on the other hand, we have the group of all producers called opec plus, which is surely interested in higher prices for years. they have been achieving that through limiting their output. and guess who's running the show as the biggest players when it comes to opec plots, that's saudi arabia in russia. now i do want to point out that washington work hard to convince the oil rich gulf countries not to agree to an output cut. so the
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number one question right now is what comes 1st for saudi arabia and it's opec plus allies, their own economic interests, or friendship. with the us to day, the answer was given. opec plus decided to go for the move that would drive the prices up. this is said to weaken the efforts by the west, anger the us apparently, and help rush up at the end of the day. now this is what perhaps led to the following exchange between a journalist and the saudi energy minister at that press conference in vienna. the gas price widely seen in europe and much of the western world as having been manipulated by russia, which is cut supply. people will know, see, so the arabia and the core members of opec, an opec plus, cooperating with russia to try and raise the oil price. it will re simplistic. i know that a debit will be the view there you went to twisted to,
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to your and fine. it's your prerogative. it's short, right. it's when we been collaborating with opec plus countries ever since december 2016. so it is not an accident of, of mutual convenience. so how far has the west on with it, sanctions against russia? well, a month ago there was a decision by the g 7 countries to impose a cap on russian oil. now the european union countries were supposed to accept that decision to, but that was when moscow said loud and clear that it will simply stop supplying. busy all to the countries that sign up to these policies, to query nathan, it's an absolutely stupid decision. if you were, somebody tries to implement it, it will not lead them anywhere. there are contracts obligations to ensure supplies neighbors. it. i wonder whether any political decisions contradicting those
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contracts are to be made i should be if so we would simply stop respecting the terms that you would cease to supply natural gas, crude oil, coal, and fuel oil usually. and we would not supply anything if it goes against our economic interests. we will fully respect our contractual obligations unless someone tries to impose their own terms. honest. surely those who are imposing their own terms on us are not currently in a position to do so good as they should think. again, debates and i'm certainly use it now going back to the efforts by the western countries, wednesday was the day for you. officials to take action and to agree on the legal basis for the or price cap. it covers maritime trade of russian oil. and so they did. but to reached as deal wasn't smooth sailing. a number of e countries were raising serious concerns over the plans and perhaps hungry was the loudest voice. although monique was an interview from 2 o'clock when i look at these energy sanctions, i realize that we are energy midgets. when we impose sanctions on an energy giant,
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it's an unusual situation in history and such action i think cannot lead to a good ending. so those sanctions do harm to us. they are bad. they are painful cost a lot of money and threatened to swallow a great amount of our success to we achieved in the past 10 years. for now, there's no decision yet on the actual price or the price range when it comes to the a price cap that will be negotiated in the near future. and a that's why i guess you have to stay tuned for the updates and also watch out for the old prizes as the effects of that opec plus decision kicked in. reacting to the latest decision by the u. rushes deputy prime minister, former energy chief as one that moscow might no longer sell a soil to countries unwilling to pay a fair price. so the managed news will prices are 37 percent higher than last year, in case the price gap mechanism is implemented. i would not rule out arise in
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prices since there might be a deficit. any country that will now be buying our resources, we'll have to make a decision on whether it will pay according to the market instruments, which means making purchases on a competitive basis. if the decision is made by a company on its own, it risks not receiving the resources, since that would mean no profits for russia, and would likely lead to a decrease in the extraction and relocation of resources. that washington is not impressed as the bind and administration has slammed the opaque plas oil production cuts and is threatening to limit the blokes influence on global energy prices. the president is disappointed by the short sighted decision by opec bloss to cut production quote us, while the global economies dealing with the continued negative impact of food and invasion of ukraine at the time when maintaining a global supply of energy of paramount importance. this decision will have the most negative impact on the lower and middle income countries that are already reeling from elevated energy prices. independent journalist after returns,
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they say that the country is willing to play along with washington and brussels will have to take part in the balancing act on leah 8th of march theory. and saudi arabia reportedly refused to take jo biden's phone calls in the just a few months later, the saudis refused to increase output during biden's visit to reared. then on the 4th of october, there was a campaign from the white house saying come on increase output. and then we see today's cut to say the u. e 160000000 barrels. decrease 526000000 you cuz my russia and saudi arabia each. i'm just going to tell you that the white house officials are being quoted on argue bill, actually stenographer. the u. s. media has same quote. disappointed by the short sighted decision, basically from saudi you, a rusher, other members of opec, and a kind of threat. some way to argue that by the administration,
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according to these anonymous source has been graded on us, i was we'll consult congress in addition to the 40, to reduce opec's control over energy prices. it is a balancing game, but then again the international, the strategic, sorry, no international. we american strategic petroleum reserve, the united states before this decision, we're looking like they were back in the 1980s when, arguably they could order the way in saudi arabia more washington could. and now i think in the past few minutes, the u. s. is already saying they're going to have to release more from that strategic petroleum reserve. so it's a balancing act for developing well countries. but many commentators, even in the washing belt we're having to admit is a change times. and of course, looking towards it, even though not reporting on it the summer can shang i cooperation, organization meeting that alone. what's going to be happening in brazil later this
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month. and the bab selection of lula and the expansion of bricks. the u. s. national debt sat and he won't. reco does 2031 trillion dollars. that's more than double the debt that the 2nd biggest bar was china. the u. s. economy is facing 40 year high inflation in response. the federal reserve has been increasing interest rates, which are expected to hit the highest level since 2007. the policy also led to a surge of the us dollar value sparking a warning from the year when it fits of a global recession with the economy of developing nations to be especially vulnerable. but you and say there's more than one way to lower inflation rates. market surveillance authorities could be mandated to intervene directly in exchange trading on an occasional basis by buying or selling derivatives. contracts with you to vote in price collapses or deflating. price bubbles. the spot in the spiraling
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debt on the homefront, washington is showing away from coughing up even more cash in support for ukraine. the us has approved a total of some $54000000000.00 and military economic and humanitarian a to kia so far this year. on top of our job buys and has approved a new book with another 12000000000 bucks worth of help to ukraine. geopolitical and market analysts, tom longo says there's a growing rift between the u. s. federal reserve and the white house. this is very clear that the fed and congress in the white house odds, really how the bed is that is at odds with what the congress wants to do and what the white house wants to do. and i think that that's a very important points important. i've been making for about a year and a half now since last june, when the fed began. what i would call south tightening by, by adjusting a very capital rate called the reverse refill rate, which when they raised the 5 basis points above the fed funds rate, the, the nominal benchmark rate blending rate that cause a tremendous drain of liquidity or dollar of put it around the world since then the
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reverse repo facility had about $450000000000.00 parked in in june of 2021. today. it's, it hit a high about $2.00 trillion dollars last week. and i think there's been a little bit of movement out of that in the last couple of days, but, you know, that's it. but the, the numbers are staggering. that that's all what you would call base money for the global economy. and so. ready the fed has been actively draining the world of dollars from overseas knowing full well that it has to try and get inflation under control and, but at the same time, i also don't believe that it's, that's the, the fed only mission here. and that is actually very stealthily trying to political pressure on washington to change the way it's been operating for the last, you know, since the 2000 a financial crisis the connections between washington on the big tech companies are coming on to increasing stress in a, as a conservative legal group of food, the f b i for failing to disclose the agencies ties to networks like facebook and
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censoring of some controversial content out. is caleb open delves into the story? well the notion that big tack is very much colluding with the democratic party almost functioning as a wing of the democratic party has been around for quite some time. however, we now have this non profit going ahead the lawsuit against the api. i basically demanding that they make their records public disclose their relationship with the big tech companies. so the whole us public can know the truth about their relationship. the evidence is that during the 2020 presidential election campaign, the f. b, i conspired and combined with large corporations, including facebook, to sensor and suppressed the damning evidence of bite and family corruption and influence peddling, found on hunter biden's laptop. this was done to help joe biden and the democrats when the 2020 election, now arrogantly disregarding the law, the f, b i as stonewalling, america, 1st legal efforts to expose the f
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b. i 's emails detailing the trade craft behind this collusive attack on our elections and identifying the persons inside and outside of government who were responsible for it. 2 months ago, mark zuckerberg, the ceo of facebook, admitted on a podcast that he was approached by the u. s. security agencies and asked basically to suppress the unter biden laptop story, because they believed it was possibly or likely to be what they called russian dis information. this was that bombshell admission from mark zuckerberg. and basically the background here is the f b i, i think basically came to us some, some folks on our team. okay. just so you know, like you should be on high alert. there was the we, we saw that there was a lot of russian propaganda in 2016 election. we have it on notice that basically there's about to be some kind of dump of, of, of important to note that 100 biden's former business associate at this point has
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come forward and said the at the i really showed no interest in all the evidence. he provided showing 100 biden's wrongdoing than his crime, and it seems like they just weren't interested in getting the facts on 100 by years . what the former business associate had to say. they were supposed to be working a follow up interview and tim chemo. in his last discussion with my legal counsel was, listen, we know tony cooperating. we appreciate all the information is provided. we will follow up with you. we're definitely going to have them come in for a follow up interview or spend some more time on this. and i haven't heard from him since. now this seems to reinforce the notion that the f b, i just really had no interest in investigating the crimes of the biden family and the presidents, family members. now at this point, we're also seeing with alon moscow assuming leadership of twitter, some pretty blatant examples of how solidly twitter is in the democratic party gap
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. there are reports circulating about twitter employees cry in the song, should i stay? where should i go is being played in the twitter cafe and it becomes apparent that a number of twitter employees are afraid that the company may be moving in a different direction. perhaps the algorithms are going to be a little bit different. perhaps different tweets are going to be circulating the way new speeds are going to be operating will be different and it won't be the standard liberal line. so when we look over all the facts here with this new lawsuit and other revelations that have happened, it becomes pretty clear that the stranglehold that the democratic party has over the tech giant and their control over information and discourse in the united states is becoming more and more obvious, furthermore, there is more and more outrage about the international community representative to maintain peace in both. there has box control the c by changing national looting laws following a pivotal election to their want us to you. i want to say,
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while you went to the polling places, vote i took the sessions to ensure that you are quote, romito and your democrat to bill shall be done. this is necessary. so ph can that one's on its path to what's candidates to, to us in the european during the high representative. kristin smith told sweeping powers in the country as part of the peace deal that ended the bosnian war. in the 19 ninety's, he set the changes to the voting that were meant to target certain state is the 2 sions that he denounced as dysfunctional. the u. s. on britain supported the move, but despite claims that it would facilitate the country's future expression to the e. u. the block itself did not appear ready to support the measures. smith, however, has adequately stood by his opinion and has handsome,
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strong words against local politicians. rubbish. the rubbish, people, i'm not sitting and standing here, i'm 10 for this country. this is a tone that people have lost their lives. and we are not to you just to make political games. and in this country, people who make positive ridiculous people, but the politicians and i am rid of this, this was the decision of the high representative alone. the executive powers of the high representative should be you solely as a measure of last resort against irreparable unlawful acts. we were astonished that on election day, the high representative for bosnia imposed significant further changes to the constitution which undermines bosnia and herzegovina, democracy and institutions. and particularly, the will of the citizens are made use of their democratic rights. voters very clearly choose progressive over nationalistic politicians. yet schmidt provokes another crisis with an unnecessary move that benefits the losers of the election.
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is not the 1st time the international envoy to bosnia has sparks backlash. russia has objected to the appointment of christine schmidt to the post and found his decisions as illegitimate professor at the institute of european studies in belgrade at steve and guy edge save the international and for his actions, maint bosnia protectorate states, under western control, samantha was problematic from day one, because she is a high representative that was not elected by the security council since both russia and china were against him. which means that he is illegally holding this office. this office and on the other hand, is also problematic by itself. because this makes bosnia protector at the not really a sovereign states. i think that the assessment of russia is correct. but of course, you know, nothing will definitely change, i believe, until to some kind of
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a new arrangement for the country. the political west was always calling the shots in the environment. busy busy of the war in the east of europe, but they are probably trying to show their i'd say foreign political muscle. busy on. busy petty issues in the larger scale and. busy you know, definitely is one of those british prime minister liz chances facing record low approval ratings with some numbers of her own to a party thing. her government has at the start of any u. k. companies in history. well trade unionists accused trust of serving the rich and ignoring the needs of the people 6 months and the corruption of the ruling class in this country. and i use that word deliberately. these people, they are acting in the interest of their people. it's a simple equation,
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you don't have to be a marxist or radical or socialist to understand that there are 2 elements in this society. the people that create the world through their work, they are the world creators. and the characteristic of the rich and the owning class is that they can store the, well, i can shoot me a greater rate than we do. there would be an energy crisis did or weren't any energy. there is an abundance of energy. 50 percent of our energy is produced in our walters. the problem is, who owns the energy? the rich only energy, and we're gonna have to subsidize their profits under anyone tell you that they're subsidizing us. we pay taxes to support our people, not to subsidize the rich. i only men and women have gone on. we are in the middle of
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a struggle now. we are not stored on our bill since taking office a month ago, trust has thrown the british economy into turmoil by introducing tax cussing, measures that she eventually chose to forego and made outrage among the public. the move would have lifted a limit on bank cuz bonuses and introduced welfare cuts in another round of austerity. that has come to be closely associated with the prime ministers. conservative party. early this week, more than 3000 people took to the streets in birmingham to disrupt the conservative party conference where trust and other tory leaders were expected to speak. the crowd brandished the anti war banners while calling out the rich for making people bear the brunt of the economic, french journalist, and former labor party member, roger mackenzie, faith britons a fed up with a government. thousands and thousands of workers have had enough of being treated like rubbish and being told that there's somehow an antique
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collision arm of against gross or against and the economy that they stand up for their jobs. most people can't for to put bread on the table at moments they can't afford to barely keep a roof over their heads. the super rich, i'm simply look after themselves and to look after each other and expects and working people the working class just to survive. barely survive and frankly that i didn't care whether we survive or not. sorry, kaufman felt that they could. and somehow am channel money away from working people towards was that made stand to richard from the conservative party people and us cheap. if they can see that? am they can see a government for am is not allowing protest it's, it's completely an array just to thank the working paper kind of accept the current
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situation and that we're in play. i can see right, 3, this governance. and i understand, and that this government is governance of the rich by the rich for the rich. and we need to bells and working class movements, and they can stand up to them. when you, thanks for keeping company here on our t international. as always you can find plenty more of the latest news stories on our website, r t dot com. and don't forget to follow us on our telegram channels too. mm. ah, ah ah
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. ah . nato faces a dilemma member. countries are divided on how to proceed regarding ukraine. 9 countries walk membership or ukraine immediately 21 member countries disagree. then there is the issue of what exactly ukraine is today. is nato willing to liberate the regions that are joining brushing with ministry
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from historic and just look up for literally a muscle around noon. she doesn't being in the green shield on a nurse to me as possible. mama cook girls gosh, 6 grade to summer tamika. but i put his ashley. uh, this is one of the pieces i was about to come here from one to 330 cool position did. did you bring out an up of the key for the chino, i'm in middle for furnished. the ride, some neat that week i was there. i see it. i have some great news that have them with
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ah, yes, absolutely. okay. well, with a sheet is with mckayla as opposed to love, love to be exempt with why it was actually ross, me get any. can you move?
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yeah, i'm still place you at that. he's a sure just a little community. sure. i know it was up here at the ball, which can you with that if with ah, [000:00:00;00]
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with for all us war other than yes it is the children closing in the law. mostly you've been with us the lawyer layer a much you should get all the chem neil. this is really good. if i see it, believe me basil anymore will poignant one. you should get another snack deal. yeah . okay, good. deal with ok. why not nichoela no grade. not cisco or not
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so now listen, you've been switching usa. why not really smart through it, but you know for us. yeah. there's no other high school understood about them. is garage and there's no promise publish. reach them out of yeah, new smokers. there's lots of bertha, mom, she has been reversed out and decided to performance issues. and the other for the mileage comes in, but also with catchy sin as a troop. i just know we had a own shop. shake workers call your trust. trust. i cannot but you know like push

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