tv News RT October 12, 2022 11:00am-11:31am EDT
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dmo janice, i was going to plug that out on the bill says to submit a what i see. denise genie boss who's the little gear motivation, says diesel to gumbo sub ah, daniel, people know supply energy resources to those countries to put on a price cabinet. that is the thought warning from vladimir putin as he blames western politicians for effectively destroying the global energy market. he was speaking of the russian energy week forum, currently being held right here in moscow. full. so speaking at the conference, the head of the russian energy, john, guys, the problem claiming that germany's under ground gas storage supplies will only be enough to last 2 months. and russia is a security service names, the ukrainian military intelligence chief as being behind the bridge bombing in crimea
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with so wednesday and 6 pm here at moscow was a $3000.00 participants from 70 countries of mixing and mingling at the russia energy week forum this week, karen, moscow details are forthcoming right now. as our western politicians are effectively destroying the global energy market. and thus, the view of vladimir putin who made the claim as he addressed the russian energy week forum, currently on stage right now in moscow, he accused of western governments of being guided only by their own ambitions. it girl, you could clearly discriminate if they fail to reach that aims. they undermine and destroy the infrastructure of their rivals. of course, i'm talking about the attacks on the north stream one and north stream 2 light lines. these attacks are undoubtedly acts of international terrorism. aim to block euro from cheap energy sources to deprive millions of people of resources and force other countries to buy energy resources at higher prices. not only did the russian
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president vladimir putin called a north stream pipeline disruptions, an act of international terrorism. he also hinted at the possible culprits. he said that the nations responsible for the attacks on a nord stream are those who want to fully cut ties between the european union and russia. and in fact, he eventually mentioned the name's ukraine, the west and poland. and he also added, quote, unquote, like they say, in the west, highly likely everything is clear, the russian leader went on to say that the both north stream one and north stream 2 can be repaired. but moscow will only begin working on it. if eventually the 2 pipelines are launched and if their security is guaranteed otherwise, according to the russian president, there's no point in touching the pipelines. among other things,
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president putin doubled down on his own assessment that russia wasn't responsible for the global energy crisis. he blamed it on the policy mistakes by western decision makers that are taking their toll on developing countries to do. but since the expense estimate this year alone is spot gas pricing mechanism will bring losses to europe in more than $300000000000.00 euros, which is near to percent of the year as own g. d p. this could have been avoided if they'd use long term contracts with an oil binding the car and difference between spot prices and long term contract prices is 3 to 4 times and who was responsible for that. they have imposed this model of trade on us. they forced gas from to switch him pot to binding to the spot market, and now they grown that they themselves are to blame. other countries, primarily developing ones, will have to overpay for these energy resources. the resource that comes to the european market is sold there. 3 times more expensive, along the chain,
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these price fuel inflation, which in the eurozone has reached 10 percent ordinary europeans suffering. the population as in the middle ages began to stalk up on firewood for the winter. what is russia got to do about it? they're always trying to shift the blame for their own mistakes on someone else, in this case on russia, that also vladimir putin refuted claims that russia was trying to make life worse for europeans by using energy as a political tool and reminded how moscow came to the rescue when american ellen g exporters abandoned their european buyers and sent their tankers to asia, where a higher price was being offered. you may have expected. we've seen american tank as carrying l n. g supplies change that cools, move towards other destinations, just because they're expecting to be paid more shortly. these deliveries are not reliable, and russia was the only one that actually made gas delivery to europe reliable. however, on western counterparts, wouldn't like to remember that. in fact,
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they say it is moscow that doesn't want to supply them with gas. it's wrong with guided by contractual obligations under insuring the supplies are made in full. if they don't want to receive our products, we have nothing to do with that cost. the russian president reacted to the decision by g 7, n e u countries to put a price cap on russian oil experts by quoting a famous american nobel prize winner. the bottom line is that if you artificially try to limit the prices that only leads to deficit and higher prices plus, once again, mister putin threatened to stop selling oil altogether to the countries that joined these restrictions against russia. when you stand him post though, let him that we will not supply energy resources to those countries that put on a price cap to those countries, which instead of business partnership and market mechanisms prefer cheating, tricks and shame this blackmail. i want to say that we will not act to our own
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detriment. a principle position is that stability in a balanced energy market and a secure future for peoples can only be in short through combined efforts in an open and honest dialogue based on the principles of joint responsibility. and while taking into account each other's national interests. well, this is the kind of dialogue we have established with our partners under the opec plus agreement. one of the major points of discussion that the forum has been whether the e used current gas reserves will be enough to get through the upcoming winter of a head of the russian energy jotting gases prom. well, he shed his assessment. was there shays go up? close returning to the question where the europe can survive with injected gas, william, that they currently have an underground storage. dance is very simple. no one can give any guarantee. if we're talk about the act of guest volume and underground storage facilities in europe, then we must 1st talk about germany, the volume of active gas injection capabilities and germany amounts to 21500000000 cubic meters of guess with 100 percent injections. germany apparently will pump
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about 20. it is estimated that germany will consume 6 to billing cubic meters of gas in the coming autumn winter period. this means that guess in the underground storage facilities in germany is enough for 2 or at the most 2 and a half months. in another comment, at today's energy for my president potent claim that whoever committed the sabotage of the knoll stream pipeline system had intended to well, totally separate economic ties between russia and the e. you look to see the u stands behind the sabotage of north stream. one to oversee those who seek to finally break off ties between russia and europe. those who want to finally undermine the political subjectivity of europe, weaken its industrial potential and become a leader on that market. and while the u. s. is about a debate, an $817000000000.00 bill to a containing china and russia. some european countries are saying they shouldn't dick couple from china, but they should continue to business together. that's according to the german chancellor who plaza chapel to beijing next month. let's get the thought and
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opinion now about the contributor. it's rachel boston. europe has been riding shotgun with washington on ukraine, but it looks like at least some european officials are now realizing that europe may be about to be shoved out of the washington, warmer veal and left roadside in ukraine as washing sets its gps to tie bay. we hear from yes, colleagues, invest in your strategic enablers because they're much comp time and it could be pretty soon when we the us, my big gaged food elsewhere in asia pacific. and we will be simply unable to support you. and it sounds like when washington and brussels planned their ukraine adventure, the e. u was not anticipating a change of itinerary to include taiwan. here is the chief diplomat, the deep us china competition. that was not a surprise. but this galatian of been shown in k one. yes,
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they were not indian undergrad treated by an individual trouble. november sonali, the that bring it. i went straight to bridge at the age of a i would say a will. but a lot of wall games. oh, being clay there, individual travel and the personality there is triggering a war. who could? that'd be surely. he can't possibly referring to how speaker nancy pelosi or drums bongo performance anti pay over the summer. kitty german chancellor earl i've shoals is also reportedly set to visit china next month. and he doesn't seem to keen on cutting ties with beijing like europe was goaded by washington into doing with moscow to the blocks, ongoing economic detriment, have a listen. we don't have to decouple from some countries. i, sam fagley. we must continue to do business with china. robert, understand what you officials wouldn't want to cut themselves off from china. the blocks largest trading partner,
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a few more sell sanctions and the risks becoming the west. korea, at this point, the trade commissioner does seem to get it saying that hell off a word with his washington colleagues about its latest china policy moves, which he sees as unproductive and harmful. makes sense, considering how complicated it would be to replace chinese trade. it would take apple for example, about 8 years to move just 10 percent of its chinese production out of the country where 98 percent of its i phones are made. that's according to bloomberg intelligences report. so perhaps brussels is now looking at the u. s. agenda a bit more skeptically before leaping off a cliff at washington's be asked, and then realizing too late that it didn't have a parachute. and by the way, the chief diplomat burrell seems to be that with his parachute packers. and it's just you, these, you diplomat saying, quote, sometimes i knew more of what was happening somewhere by reading the newspapers been reading your report, reports come sometimes too late. but at least if not yet too late for europe to
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push back on the notion of opening up a 2nd western waterfront with the world's largest economy. so ukrainian military intelligence organized the crimean bridge bombing that is, according to russia's federal security service, the f s b says 8 people have been arrested in connection with the attack. the agency also stated that explosives were hidden in a truck carrying roles of plastic sheeting that's used in the construction industry . the explosive device was camouflaged inside rows of polyethylene, construction sheeting, material on $22.00, pallets with a total weight of 22770 kilograms. and in early august, this year was sent from the c port of odessa to the bulgarian city of ruth. or the main point was that this terrorist attack was orchestrated by ukraine spy, chief kitty, or don off with the help of a russian ukrainian and armenian citizens. as we heard, 8 of them have been detained so far were still on the lookout for the remain in for
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now. ukraine's intelligence services over saw the entire transportation and they over saw the bomb transportation. let's have a look at the map they took, were now seen pictures of those, the pains, but let's switch it up and look at the roots. that the truck folks. so there we have, it's, it started off in the seaport, odessa, then it moved into bulgaria and they, so country. and then it moved on to georgia, armenia through some russian regions. and then it made its way onto the crimean bridge. now as with the results of that for people lost their lives ukrainians, and ukrainian officials work static about that was so you training and citizens taken selfies next to the banner of the bridge. that was collapse and we saw the visuals, the pretty much straight forward saying that what a great achievement this is and what a great blow the says for vladimir putin. even though they were saying all of this,
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at some point, they even accused russia of blowing up its own bridge, which made no sense whatsoever. but of course, this would go along with the, with a western narrative. we also saw, of course, how the officials, they didn't take official responsibility for this terrorist attack, but there were so happy about it that not it were there were alluding to the fact that this is a great achievement for them. and even this morning, as early as the morning, once again, they reminded us that this is very helpful for them. and this is something that was on their agenda for a very long time. let's take a listen. you know, the see if there was the last wish destroyed half of howard. and so who was responsible for that? it's very helpful for cream. we didn't tell you from the very beginning that this bridge will be a will try to, to the story as soon as will be able to do so. so we'll keep hearing it from them, how helpful this would be for them,
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and that they've been planning this all along yet somehow, even though it makes absolutely no sense for any reason that it was russia blew up its own bridge. now again, we heard today from their press service, all the cranes, the military intelligence, and they're released at suite where they're saying that well, the s s b and ross's investigative committee, we all know that there are fake structures and that to their findings are absolute nonsense. so this plays along and so their theory that they have nothing to do with it and that it's probably russia who did it itself. and the reason why they're so confidence in dismissing these structures and dismissing the findings. it's because they are getting support from western countries from european countries who are not only not condemning this terrorist attack, but there are also encourage and that they're supporting it. they're applauding this attack. some of them are even calling for more such attacks on russian soil. the events of the last days have once again demonstrated the blade and double
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standards of the collective west. the litmus test was the terrorist act committed by the ukrainian special services on the crimean bridge. a cynical attack on an object of critical civilian infrastructure. in fact, the missions of germany, latvia and lithuania to the o. s p e, justified the terrorist attack on the crimean bridge. so i guess this is why ukrainian officials feel so confident and dismissing the findings and the courage and more tax on the russian soil. but today, what we know is that 8 out of the 12 suspects involved in this terrorist attack on the crimean bridge have been detained. they're looking for the 4 remaining ones, and these are the findings. and this is the latest on the terrorist attack and the climate ambridge. we did speak earlier in the program to john list and founder of the newest website. dawn bass inside. mr. christina neal. she gave us her take on the events ukraine as a huge history of a terrorist attack against the dpr in your against russia.
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i mean, now the try to pretend that they are not the real estate. i think that's why now they are reluctant to meet the fact that they are guilty about what's happening means clearly that ukraine received help from several countries, including some need to countries to make the terror terror attack. i mean, it's clear that ukraine did not managed to do that on their own. would be hard after for the western countries to meet publicly that this report that they finance and that they provide weapons, intelligence, information and so on to a terrorist country. so the thing with a new, not new crane there heidi to know the carpet for western people not to understand which kind of country is ukraine, which kind of country their own can 3 to 14 good to have you with us
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today or the world bank and the international monetary fund of war, there is a high risk of a global recession next year. but coincidentally been by nike who presided over the u. s. federal reserve during the 2008 financial disaster. he's just been awarded the nobel prize for economics, picking up the story artes callum up, then burn agie. he's the guy who shared the u. s. federal reserve bank from 2006 to 2014. now it's pretty well understood, those were not good years for the u. s. economy, who can forget to 1000 a 1.7 percent here, a loss of 37 points or so apple shares or just getting hammer this morning. we down by between $3.00 and $4.00 and a half percent generally across these markets. let's talk about the speed with which we are watching this market deteriorate, where all the man who's at the top of the u. s. federal reserve bank during all of this just got the nobel prize for economics seriously. he was 1st appointed to the
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fed board of governors in 2002. he made a splash for himself by talking about the dangers of deflation and method that could be used to oppose deflation, giving birth to what's been called the burn. nancy doctor and george w bush liked him so much. she promoted him to the role of fed chairman in the lead up to the 2008 financial crash. he said that everything was just fine. he maintained the united states had the perfect goldilocks economy with sustained growth, low inflation, and monetary policy that served the market well. even told us that a potential mortgage bubble was nothing to worry about. i do think that this is mostly a localized problem and that's something that's gonna affect the national economy. remember how well that worked out. now he set out from there on a policy of trying to stabilize the economy by electronically crediting money to those who buy bonds. sounds a lot like printing money, but he insisted that it wasn't. sometimes you hear the fed is printing money in
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order to pay for the securities we acquire. and i've talked about that in some, you know, in some giving some conceptual examples. but as a literal fact said, it's not printing money. now he's technically true. there was no printer involved, there was no new paper money created, but he was essentially doing the exact same thing just with the click of a mouse critic said this would cause inflation, but bernanke said everything was fine. we're not printing money. the amount of currency in circulation is not changing. the money supply is not changing in any significant way. now, a lot of people saw through this. it became almost a punch line until ultimately he had to admit that they were in fact doing that mean you create the reserves. yes. and so, i mean, is that printing money? not literally nothing like honesty and transparency from those who run our economy . right. so why exactly is this man a hero?
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because the usa survived the financial crash that he helped to create. he must be a competent fellow. it's a more interesting twist of logic. there been worked for time magazine. they named in as person of the year in 2009. and how did he get the u. s. economy going again, you may ask if we don't get the financial system working and that involves very likely both taking bad assets and injecting capital. that other steps to restore the economy will probably not be effective, but just don't call it printing money. we've been over that. so where are we now exactly? record inflation in the united states. the consumer price index is up 8 percent over august. now at this point, they've just continued printing money. and the rising energy and food costs to the sanctions on russia had only made things worse. american families are getting squeezed. polls show the public is furious over continued economic mismanagement. so it sounds like the right time to give the guy who started all the nobel prize,
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just another sign of how out of touch the american elite really are. the legacy above bernanke is very questionable, is really distorted, the global financial markets, and the cause, the huge debt run up in the system in private business. and now we're beginning to see the consequences of that as now. we're finally raising rates. and now the financial system is increasing distress. so here's the legacy to me, is a distribution of income and wealth to the wealthy investors, and exacerbating inequality in the us and the stabilizing of global financial system. and i don't think that's a great legacy that deserves a nobel prize. well, you, oh, it's very similar. obama escalates the war and have ghana, stan, and syria. and he gets a nobel prize for. right. that's not much of
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a peace prize. so, you know, the nobel prizes don't mean very much. the very political, you know, those who do what the, you know, the ruling interest in the west want them to do economically are, are diplomatically geo politics. get rewarded for it with the nobel prize. so, you know, it's very comparable. you give a apprise the, someone who's whose actions and, and promises are contrary to what the nobel prize is mostly about. it's great to have your company today expanding african connections. that's what the presidents of townsend and can you have agreed to do off the signing a contract to build a major gas pipeline linking the 2 countries. the 600 kilometer long project is designed to boost trade or lower industrial energy costs. and well, of course,
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keep prices down in the private sector for both nations company and can, you're not the only african states are seeking to broaden their energy horizons. uganda is also set to complete an oil pipeline of its own. and that is in the face of pressure from the e. u, for the nation to stop its extraction and production efforts. let's get more details on this story with our teeth cut above the totland. despite pressure by the european union parliament for all extractive activities to be halted over a pipeline, uganda is determined to see it completed. the you claims that the pipeline is a potential threat to the environment and threatens a fragile ecosystem. all the while european countries are scouring african countries for fossil fuel resources. uganda in themes is determined to see through and is looking eastwards for new friends who will help it re allies. the project
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and china stands ready to assist. we hope that these projects will continue without disruptions and be completed in time so that it would achieve the desired results for national economic and social development. for you. candor, the east africa cold oil pipeline is a political hot potato and has seen protest inside uganda by environmentalists and right groups. who claim that it is a threat to the environment and will see people displace the e. u concurs with that argument and also claims that it could lead to land grabs by the ugandan government. uganda insists that the e u is wrong. the resolution is based on misinformation and deliberate misrepresentation of key facts on environment and human rights protection. it represents the highest level on neo colonialism and imperialism against the sovereignty of uganda and tanzania. a leaders are currently scouring for fossil fuels, and they use more of them than any african country. and despite this,
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this hardly a word of condemnation from brussels, but the use as it is intent on stopping the financing of fossil fuel projects, even for poor countries, like uganda, even though such a project could help the country fund it's transition from fossil fuel energy dependency we think the bank should now go further and also exclude all coal and oil lated investments and further outline of policy and gradually phasing out gas power generation to only invest in gas. in exceptional circumstances. only a few weeks ago the german chancellor was on the continent in senegal, securing guess. and frances, the manuel micron was also doing the same in algeria eddying salts to a gaping wound is that developing nations are watching in real time. the western nations hypocrisy telling developing nations to turn the air bags on fossil fuel while they go scouring for them. but despite this,
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uganda is determined to charge its own cause and soldier on with the completion of this pipeline project. this by the finger wagging from brussels, and as for most african countries, as they continue to look at the hypocrisy of the west, that he's coming to the continent looking for fossil fuels, while telling them to turn their backs on them. i think of course, uganda and all the parties the states butner states in this project i saw rinsed, it's have the right to do what they want to do. that government is right on deck stretching the oil because it develops that can't cheat. let just think nigeria, well as a sudan, if the government compensates to people fairly not leaving them homeless, an oil can help us grow as a country. indonesians have been rallying in the capital jakarta, demanding the government change its economic policies to avoid a recession. a labor unions called the demonstration to modern cuts to fuel prices
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are also concerned with surging inflation, increasing every day costs me got this report from a local journalist. this is a florida valid indian nation capital. i've got that on wednesday. they were professing to jump into your braces after the government decided this last the fuel subsidy in early september. this was the 1st your subsidy god. in 8 years. i think the fuel prices to jump like 50 percent subsidize feel price is now raised from $0.65 to $1.00 u. s. dollar. for this, this landmark, the national monument. we just bought blank on it that away from her base. he didn't show palace. police have set up a barbed wire america on the street getting to the place he didn't show ballast, as you can see behind me. now what are you both to prevent the bride best us from making go at the palace and i don't go for one minutes. this building where it goes . i assembled around a truck in my stage when i presented the from various labor unions took turn to
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deliver dowdy mouse. they were fighting their demands for the government, the 1st of your subsidy quality. and to so personally, i think, live in cost instead of what bryce is. the labor union also demanded the government to increase the minimum wage by 13 percent in 2023. said pick bar, the president of confidence, nation of indonesia, that unions said 6000 professors then that part of the day and he added they will continue. those states that at least until december to fight their demands. it's made out of this not he brought badly bobbing for the odyssey in the us from duck are back in the initial nigeria, it's calling for it's cultural artifacts to come back home. and the latest appeal comes from that. i, jerry and culture minister, demanding, but western museums, hand over the been in bronze statues. these are not just objects of beauty which
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have aesthetics. these are artifacts that speak to who we are and speak to our history is not a if, but when they will eventually have to return these because the campaign is guiding strength by the day. and when they look at what other museums are doing, there will be compelled to return them. now, the bronze or statues were taken over a century ago when british troops ultimately sacked the ban in kingdom. it's now a part of modern day nigeria, or the us recently returned more than 30 of the bronze is to the country. it is or estimated 90 percent of all looted african relics remain far away from the continent and those against returning and the antiquity say the safer in western museums as some process artifacts have been stolen off to being returned to africa . but for now, here's the other view. the studio at the 1st week is known for that would need our artifact because it is so the car is a grid, something to, to was not a little even if both of the people of the country that video,
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it's all rights outage and it belongs to we the been on the bones clusters. so i'm appealing to the western world to help was going back what belongs to us because it is our play and will need what belong stores. black thirstily walk to be returned to be returned to tours because is our, is our right, is our cultural heritage. we are actually in defer our go beds and intellectual our community to please kindly return these artifacts to where it belongs to where the been is. we will be proud unhappy to see those artifacts brought back to where it belongs to or thanks so much for joining us for this program from moscow without international always. great to have your company for.
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