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e.u. is decision to stop importing oil from the country in july but as war rhetoric against tehran escalates in the west ordinary americans voice their opposition to any possible military confrontation. up next for you the latest edition of moscow today with an italian twist. absolutely beautiful welcome to florence and the famous party vacuo bridge on this week's program we'll be continuing our exploration of russian culture and influence abroad from famous people who live here to current russians who live and work in italy and who wouldn't be happy here with glorious swing to sun sensational food and often culture overload the beginning of the nineteenth century so a number of russian wealthy families moved to tuscany italy has always held a special attraction for russians many tools of each of these the cultural center of the world and with its breathtaking architecture food and style it gets you thinking there may be some truth in that today dozens of tall companies offer excursions by plane and bus loads of russians advice every week. with famous landmarks such that one murder conservat
e.u. is decision to stop importing oil from the country in july but as war rhetoric against tehran escalates in the west ordinary americans voice their opposition to any possible military confrontation. up next for you the latest edition of moscow today with an italian twist. absolutely beautiful welcome to florence and the famous party vacuo bridge on this week's program we'll be continuing our exploration of russian culture and influence abroad from famous people who live here to current...
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e.u. decision to stop importing crude from the country in july but tehran says it's ready for negotiations over its nuclear program. my former headquarters in central moscow you're watching archie with me and he says now way our top story this hour several detainees in libya have died in recent weeks as a result of torture that's according to amnesty international the human rights group says the crimes were committed by the libyan military and. security forces the accusations fall or similar similar claims by a french medical aid agency thousands of kids out free of oil this remain behind bars now suffering the same atrocities handed out under the late colonel's regime. has more. doctors without borders noted for going do their job in the most dangerous and notorious places around the globe but in n t c iran libya the group has encountered a formidable obstacle the.
e.u. decision to stop importing crude from the country in july but tehran says it's ready for negotiations over its nuclear program. my former headquarters in central moscow you're watching archie with me and he says now way our top story this hour several detainees in libya have died in recent weeks as a result of torture that's according to amnesty international the human rights group says the crimes were committed by the libyan military and. security forces the accusations fall or similar...
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e.u. decision on a new serious sanctions was timed to coincide with the visit sanctions include bad news for sales of a new all in limitation substantial limitation of operations with the iranian central bank i'm not saying that that was done on purpose but we're seeing a strike in ukraine said and once again. in autumn. iran's made a step in a positive direction immediately west seeing as you. are and i report would you build stanchions and i justified fashion and now again is rainy and so ready to host a delegation is ready to start serious discussion while european union. passes new sanctions thus deteriorating the environment for those negotiations and it is unlikely that they will be productive not to mention threats to use force against iran which unfortunately are still being heard to will continue and so sting that. the five plus one or three plus three it is sometimes referred to security council permanent states plus germany and others should continue their work now. we get an information that is rainy and. also ready. for dialogue we are going and judge shortly it will be. hosed i
e.u. decision on a new serious sanctions was timed to coincide with the visit sanctions include bad news for sales of a new all in limitation substantial limitation of operations with the iranian central bank i'm not saying that that was done on purpose but we're seeing a strike in ukraine said and once again. in autumn. iran's made a step in a positive direction immediately west seeing as you. are and i report would you build stanchions and i justified fashion and now again is rainy and so...
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e.u. decision to stop importing oil from the country in july but is more rhetoric against tehran as collates in the west ordinary americans voice their opposition to any possible military confrontation. time now for supporting me to be here on arts . for the sport or not good company again coming up in the program. sharapova versus russian and the russian who will do so for those fairly open title and the winner will become world number one. plus the meeting was that of a final run from the eternal rival roger federer in the last four. recover from my threshing defeat. plantain home watching the show. so let's start with the hard courts of the open where my rare sharapova has advanced into the women's singles final after beating world number two better in the last four the twenty four year old russian needed to not check opponent. a six two three six six four victory in the decisive match russia's top tories arika who reached her first grand slam final. moments to be back in a grand slam final stage of him before few years ago here. it's nice to get that far again after losing. so you know i
e.u. decision to stop importing oil from the country in july but is more rhetoric against tehran as collates in the west ordinary americans voice their opposition to any possible military confrontation. time now for supporting me to be here on arts . for the sport or not good company again coming up in the program. sharapova versus russian and the russian who will do so for those fairly open title and the winner will become world number one. plus the meeting was that of a final run from the...
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e.u. decision to stop importing oil from the country in july as a war against terror and escalates in the west ordinary americans voice their opposition to any possible military confrontation. now people abilities cross-talk guests debate what's in store for the new libya that's next. please. liz. live. in. st. louis welcome to cross talk i'm peter lavelle libya intervention light in the specter of civil war libya's transition away from the gadhafi regime is proving far more problematic than nato planners had ever anticipated central civilian control is an illusion and tribal loyalty is strong it would appear it is a lot easier to take down a regime than to establish a new order. came. across not libya i'm joined by dr venter while in hanover he is an associate professor of government at dartmouth college in paris we crossed at the end of jonestown she is an independent political commentator and author of fools crusade yugoslavia nato and western delusions and in london we have nick mayo he is a foreign correspondent for the sunday telegraph all right folks this is cross talk to me as you
e.u. decision to stop importing oil from the country in july as a war against terror and escalates in the west ordinary americans voice their opposition to any possible military confrontation. now people abilities cross-talk guests debate what's in store for the new libya that's next. please. liz. live. in. st. louis welcome to cross talk i'm peter lavelle libya intervention light in the specter of civil war libya's transition away from the gadhafi regime is proving far more problematic than...
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e.u. decision to stop importing oil from the country if you like its tensions rise and agree americans feel that starting a war with iran would be a grave mistake. well news and comment twenty four hours a day this is out he says several detainees in libya have died in recent weeks as a result of torture according to amnesty international human rights group says the crimes were committed by the libyan military and security forces thousands of gadhafi loyalists remain behind bars they are suffering the same atrocities handed out on the colonel's regime ortiz roof a national mall doctors without borders known for going do their job in the most dangerous and notorious places around the globe but in n t c iran libya the group has encountered a formidable obstacle.
e.u. decision to stop importing oil from the country if you like its tensions rise and agree americans feel that starting a war with iran would be a grave mistake. well news and comment twenty four hours a day this is out he says several detainees in libya have died in recent weeks as a result of torture according to amnesty international human rights group says the crimes were committed by the libyan military and security forces thousands of gadhafi loyalists remain behind bars they are...
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e.u.'s decision to impose an embargo will lead to skyrocketing oil prices the organization thinks a fair price for a barrel of bread should be about one hundred dollars david global director of oil industry research as plants says the worry is not so much crude prices will hit one hundred fifty dollars a barrel but that they'll actually for. most of the people we've talked to in the market don't expect oil to get anywhere near hundred fifty anytime soon in fact the concern is really rather that oil will fall below that saudi arabia which of course has the greatest reserves of oil it can bring to market in the event of a disruption has made constant assurances that it's going to be able to fill any gap left by the iranians even if they attempt to close down the strait of hormuz which looks increasingly unlikely as the weeks go by right now there appears to be plenty of supply available in the event of a disruption and of course there's a lot of stock to hand as well a lot of countries have been busily stockpiling crude oil and they've been well aware of potential structure for the better part o
e.u.'s decision to impose an embargo will lead to skyrocketing oil prices the organization thinks a fair price for a barrel of bread should be about one hundred dollars david global director of oil industry research as plants says the worry is not so much crude prices will hit one hundred fifty dollars a barrel but that they'll actually for. most of the people we've talked to in the market don't expect oil to get anywhere near hundred fifty anytime soon in fact the concern is really rather that...
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e.u. decision to place an embargo on iranian oil. >> absolutely right to do this. in view of iran's continued breach of u.n. security council resolutions and refusal to come to meaningful negotiations on the nuclear program. >> reporter: in response, a senior iranian politician said they would definitely close the strait of hormuz if oil exports were disrupted. the strait isn't just a vital artery for the global economy; it's the jugular. but it's an exposed one. at its narrowest point the strait of hormuz is roughly 30 miles across, but the actual sea lanes through the strait in and out of the persian gulf are only two miles across. the iranians have gone to war in the gulf before. the tanker wars saw more than 500 commercial vessels damaged as the iran-iraq conflict spilled over into this vital water way. >> sreenivasan: the full effect of the european embargo on iran's oil will not be felt until july. similar u.s. sanctions could take effect at the same time. egypt's new freely elected parliament has opened its inaugural session. islamist parties hold an overwhe
e.u. decision to place an embargo on iranian oil. >> absolutely right to do this. in view of iran's continued breach of u.n. security council resolutions and refusal to come to meaningful negotiations on the nuclear program. >> reporter: in response, a senior iranian politician said they would definitely close the strait of hormuz if oil exports were disrupted. the strait isn't just a vital artery for the global economy; it's the jugular. but it's an exposed one. at its narrowest...
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e.u. is decision to stop importing oil from the country in july but as war rhetoric against terror on escalates in the west one americans a voice their opposition to any possible military confrontation. would have more news in about thirty minutes time but first the latest edition of technology update . oh and welcome to technology.
e.u. is decision to stop importing oil from the country in july but as war rhetoric against terror on escalates in the west one americans a voice their opposition to any possible military confrontation. would have more news in about thirty minutes time but first the latest edition of technology update . oh and welcome to technology.
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e.u.'s decision to adopt and then bargo against iran over its nuclear program all the imports from iran to europe should stop in july as a response to the sanctions terrorist threatening to quos the strait of hormuz through which twenty percent of the world's or express pass however horror came on to beg from platts believes that the warning and the embargo are more of a negotiation point. the ward being also says that there would be a review in may so there are almost means that i am ready to do something in july but i can change my mind in may i don't think anybody wants these things to happen because europe right now is very weak financially economically and the last thing that europe really wants is a confrontation because there will be even more disruptive for the economy here the oil that was supposed to come to europe from iran will go to a shell oil that was going to asia from the location start west africa or even russia will now go to europe so europe can always switch the oil that's not the issue the issue is the level of pain. let's look at the numbers now all a slug joining th
e.u.'s decision to adopt and then bargo against iran over its nuclear program all the imports from iran to europe should stop in july as a response to the sanctions terrorist threatening to quos the strait of hormuz through which twenty percent of the world's or express pass however horror came on to beg from platts believes that the warning and the embargo are more of a negotiation point. the ward being also says that there would be a review in may so there are almost means that i am ready to...
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e.u.'s decision to impose an oil embargo by threatening to close the straits of hormuz twenty percent of the world's crude supply passes through it however hot here month the peg from plants believes that the warning and the embargo should or should be seen as bargaining points the ward being also says that there would be a review in me so there almost means that i am ready to do something in july but i can change my mind in me i don't think anybody wants these things to happen because europe right now is very weak. financially economically the last thing that europe really wants is a conflagration because there will be even more disruptive for the economy here the oil that was supposed to come to europe from your will go to. oriel that was going to locations start with africa or even russia will now go to europe so europe can always replace the oil that's not the issue the issue is the level of. all this flux getting above ninety nine dollars a barrel in new york a speculation the u.s. stock piles again last week is weighing against those worries about iran. learned it is trading at over on
e.u.'s decision to impose an oil embargo by threatening to close the straits of hormuz twenty percent of the world's crude supply passes through it however hot here month the peg from plants believes that the warning and the embargo should or should be seen as bargaining points the ward being also says that there would be a review in me so there almost means that i am ready to do something in july but i can change my mind in me i don't think anybody wants these things to happen because europe...
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e.u.'s decision to stop importing oil from the country in july as tensions rise between tehran and the west t. to the streets of washington he would order americans think of a possible military confrontation. next on r.t. the latest edition of our moscow out program today with an italian twist.
e.u.'s decision to stop importing oil from the country in july as tensions rise between tehran and the west t. to the streets of washington he would order americans think of a possible military confrontation. next on r.t. the latest edition of our moscow out program today with an italian twist.
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e.u. is decision to stop importing oil from the country. but as war rhetoric against heroin escalates in west one american who supports their opposition to any possible military confrontation. would have more news in about thirty minutes time the first the latest edition of technology update. hello and welcome to technology update this month we've ditched the bright lights in crowded streets of moscow for snow cover novosibirsk now this region siberian city is actually a hotbed of russian scientific activity and our first stop takes us to an institute that's long been the heart of the region's famed academic cluster. the booter institute of nuclear physics is one of the world's leading research centers in its field but here it's not just experiments they're interested in they also designed and built some of the most complex instruments used in particle physics research now most of us are familiar with adam smashers but here they're working on an extremely important but complimentary piece of equipment and electron cooler the technology behi
e.u. is decision to stop importing oil from the country. but as war rhetoric against heroin escalates in west one american who supports their opposition to any possible military confrontation. would have more news in about thirty minutes time the first the latest edition of technology update. hello and welcome to technology update this month we've ditched the bright lights in crowded streets of moscow for snow cover novosibirsk now this region siberian city is actually a hotbed of russian...
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e.u.'s decision to impose an embargo will lead to skyrocketing oil prices the organisation's general secretary says a fair price of a barrel of bread should be about one hundred dollars instead of the current one hundred and twelve dollars that we're seeing right now he adds that the market is very well supplied and to discuss where crude prices are going now joined live by david the global director well it industry research is plats david good to see you so opec says one hundred dollars iran says under fifty who is right. dimitri i think what that tells you is that the oil market as many of your viewers will know is is trapped in a little bit of a channel right now one hundred to one hundred fifty is kind of the conventional wisdom you know a couple of years ago when oil was on its giant rally it touched one hundred fifty ever so briefly before the recession that followed and what's on people's minds including consumers in asia is that if it gets that hundred fifty mark again it could begin to spark a kind of financial recessions in the east to go along with some of the problems we're having
e.u.'s decision to impose an embargo will lead to skyrocketing oil prices the organisation's general secretary says a fair price of a barrel of bread should be about one hundred dollars instead of the current one hundred and twelve dollars that we're seeing right now he adds that the market is very well supplied and to discuss where crude prices are going now joined live by david the global director well it industry research is plats david good to see you so opec says one hundred dollars iran...
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e.u. finance ministers decision on the terms of a greek debt restructuring deal they're ready to accept the footsie is adding a point three percent of the dax is losing over over a quarter of a percent here in russia the markets. the markets have lost their previous games and are trading in the red at the r.t.s. is losing point three percent the my xix is point seven percent down and here the top movers on the line six russia's largest oil company has slipped into the red despite strong the world prices bank is losing almost half a percent after rising one percent at the start of the session and the lender has completed acquisition of the dollars investment and mobile operator m.t.s. is around thirty percent of the way. european leaders are meeting on monday to discuss a long term plan to tackle the region's debt crisis say it's the massive debt write down for greece that could put yourself back on its feet peter weston from out on believe that the markets have already priced in the jitters and are likely to. well everybody's going to await a sort of decision or some some kind of agreement
e.u. finance ministers decision on the terms of a greek debt restructuring deal they're ready to accept the footsie is adding a point three percent of the dax is losing over over a quarter of a percent here in russia the markets. the markets have lost their previous games and are trading in the red at the r.t.s. is losing point three percent the my xix is point seven percent down and here the top movers on the line six russia's largest oil company has slipped into the red despite strong the...
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e.u. commission calls decision inconsistent this hour syria has more now from brussels. this comes at a time when often as it was just about growing up when it comes to the euro zone with some positive data coming out first week of two thousand and twelve well clearly a new such as this would again dampen investor confidence and stall that process now france one of the countries is leading the efforts and bringing about this fiscal compact agreed upon by the european leaders now this downgrade of france was not entirely unexpected i mean s. and p. had given it warnings the last year and even a lot of the analysts we've been talking to had said that a french downgrade was imminent so now that it has actually happened still the markets reacted negatively to all of this is happening because of france's role in the bailouts is one of the reasons in the role in the bailouts of greece of italy through the european central bank as well as support your goal so it has left the financial system the banking system of france in a very vulnerable position now what it comes to italy n
e.u. commission calls decision inconsistent this hour syria has more now from brussels. this comes at a time when often as it was just about growing up when it comes to the euro zone with some positive data coming out first week of two thousand and twelve well clearly a new such as this would again dampen investor confidence and stall that process now france one of the countries is leading the efforts and bringing about this fiscal compact agreed upon by the european leaders now this downgrade...
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e.u. finance ministers decision on the greek terms of a greek debt restructuring deal they are ready to accept that is adding a quarter of a percent while germany's dax is losing over half a percent and here is russia other markets are lower in afternoon trading after a positive start the r.t.s. is losing point two percent while the my xix is shedding over half a percent as well here are the top movers on the my success are russia's largest oil company rosneft has slipped into red despite strong or prices spare bank is losing almost half a percent almost one and a half percent actually the lender has completed acquisition of torque a dollar a good investment back and mobile operator m.t.s. is losing point three percent also in the red. well that's it for now all of you back with more updates and more look at the how the markets are doing around the world in just under fifty minutes time. if. it is easy. to. see. well. science technology innovation all the rest i'm elements from around russia we've got this huge earth covered. if you're just joining us a very warm welcome to you this is r.t. li
e.u. finance ministers decision on the greek terms of a greek debt restructuring deal they are ready to accept that is adding a quarter of a percent while germany's dax is losing over half a percent and here is russia other markets are lower in afternoon trading after a positive start the r.t.s. is losing point two percent while the my xix is shedding over half a percent as well here are the top movers on the my success are russia's largest oil company rosneft has slipped into red despite...
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e.u. sanctions. the eu ministers made thinker decision at a meeting in brussels. their sanctions came in line with similar measures approved last month in the united states. thoept to cut off the main source of revenue for the government. the eu is the second largest importer of iranian oil. it kits for nearly 20% of the oil. sources say the ministers are focussing on how iran will react to the decision including the possible closure of the strait of hormuz. for more insight into the potential effects of the embargo, we spoke with an expert. >> it is possible that the value of the iranian currency, iranian real as opposed to dollar or euro will go down more causing confusion in the iranian economy. regarding oil, although iran will try to find alternative destinations for its crude oil, the oil export income of iran will probably decrease because it won't be easy to redirect the whole 20% of its oil exports to other countries when the u.s. has been putting a strong pressure not to buy iranian oil to its potential customers. neither iran nor the united states hope
e.u. sanctions. the eu ministers made thinker decision at a meeting in brussels. their sanctions came in line with similar measures approved last month in the united states. thoept to cut off the main source of revenue for the government. the eu is the second largest importer of iranian oil. it kits for nearly 20% of the oil. sources say the ministers are focussing on how iran will react to the decision including the possible closure of the strait of hormuz. for more insight into the potential...
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e.u. leaders was very diverse some calling the move unjustified well others accepted the decision and called for action economists across the e.u. are now waiting for monday when markets open to gauge just how much damage is being done about it john laughlin is from the institute of democracy and cooperation in paris he told me believes the euro project has reached its end. the downgrading of france but not of germany obviously means that the franco german axis is no longer tenable proposition what we see in the euro zone is that there's only one country calling the shots not two and that's germany there's no doubt that it will extract a terrible blow for sarkozy is only real chance of winning the election was to show himself as a safe pair of hands as the devil you know in a crisis. now it's clear that france has both a crisis and the devil you know i mean it's true that these agencies are not above reproach they've made a lot of mistakes in the past but i think that european leaders are being completely paranoid when they blame the ratings agencies for their problems any fool can see that
e.u. leaders was very diverse some calling the move unjustified well others accepted the decision and called for action economists across the e.u. are now waiting for monday when markets open to gauge just how much damage is being done about it john laughlin is from the institute of democracy and cooperation in paris he told me believes the euro project has reached its end. the downgrading of france but not of germany obviously means that the franco german axis is no longer tenable proposition...
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e.u. imposed more sanctions against syria this week to further pressure president asa. decision to freeze the fact finding mission comes after a gulf nations withdrew their observers leaving people to prepare for the worst as artists are for three ports. saying they get by and heading home they've said it's from the gulf states lethal the airport then mission incomplete leaving behind a country in a deepening crisis it's never going to be easy to see what the arab league monitors to. i don't want there from russian the word gay the missions prove problematic the opposition accuse dimona to sit being too closely aligned with the government the government's now accused of being part of a foreign conspiracy and they will it just to cool complaints to the observers seem to liquid on the ground there are concerns that they were simply too few numbers to undertake such a major task but if things were bad at the beginning now they seem even worse following in saudi arabia's footsteps all the gulf states withdrew their observers off to damascus rejected their recent proposal that includ
e.u. imposed more sanctions against syria this week to further pressure president asa. decision to freeze the fact finding mission comes after a gulf nations withdrew their observers leaving people to prepare for the worst as artists are for three ports. saying they get by and heading home they've said it's from the gulf states lethal the airport then mission incomplete leaving behind a country in a deepening crisis it's never going to be easy to see what the arab league monitors to. i don't...
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they've been unable to find solutions with the decisions taken today by the west unilaterally will result in the escalation of their own economic problems. e.u. leaders are gathering for their first summit of twenty twelve with a sense of deja vu greece is still the center of discussion the pressure is still on athens to overhaul its economy with the german finance minister warning it won't receive a second financial lifeline if it doesn't correspond to reports now from brussels. they're supposed to talk more about the fiscal compact they had agreed upon at the last e.u. summit as well as push for the european stability mechanism which is the permanent bailout fund we will put in place now in june instead of july these are the official informal topics but greece is still hanging over their heads especially since there have been war of words between greece and germany with the germans are calling for moving taxing and spending power over to brussels and the german finance minister saying that the europeans are willing to support greece as long as greece actually implements the decisions instead of just talking about it all the greeks had resp
they've been unable to find solutions with the decisions taken today by the west unilaterally will result in the escalation of their own economic problems. e.u. leaders are gathering for their first summit of twenty twelve with a sense of deja vu greece is still the center of discussion the pressure is still on athens to overhaul its economy with the german finance minister warning it won't receive a second financial lifeline if it doesn't correspond to reports now from brussels. they're...
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e.u. member states along with poland signed but it's only here that the decision has caused so much control over sea and public dissent the document is yet to be ratified by the country spar limits which certainly leaves the possibility of more protests everywhere across the european continent so let's. see reporting from poland. well as our correspondent mentioned the microblogging from twitter isn't enough over censorship scandal of its own we've got more analysis on that on our website r.t. dot com including one suggestion that the move will ultimately backfire on governments. said they make it very clear to their users your government is censoring you and i think that will be a huge step in pressuring both people to share the stuff that was censored put also pressure on governments to change their policies you can watch the full conversation with the internet liberty campaigner aaron swartz on our team dot com also online. the internet's most famous whistleblower is getting ready to reveal even more on t.v. just launching his own talk show here on our t.v. all the tea towel on our web s
e.u. member states along with poland signed but it's only here that the decision has caused so much control over sea and public dissent the document is yet to be ratified by the country spar limits which certainly leaves the possibility of more protests everywhere across the european continent so let's. see reporting from poland. well as our correspondent mentioned the microblogging from twitter isn't enough over censorship scandal of its own we've got more analysis on that on our website r.t....
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e.u. member states along with poland signed but it's only here that the decision has caused so much controversy and public dissent the document is yet to be ratified by the country spar limits which certainly leaves the possibility of more protests everywhere across the european continent let's. see reporting from poland. well as our correspondent mentioned the microblogging from twitter is enough. scandal on its own and got more analysis on that in our website r.t. dot com including one suggestion that the move will ultimately backfire on the government. make it very clear that their users are government censoring you and i think. huge step in pressuring people to show the stuff that was censored but also pressuring governments to change their policies. with the internet liberty campaign or. also online. these are not the most famous whistleblower is getting ready to reveal even more on t.v. julian assange is launching his very own talk show here on our t.v. all the details on our website. this week egyptians marked a year since the beginning of the country's uprising hundreds of thousands flo
e.u. member states along with poland signed but it's only here that the decision has caused so much controversy and public dissent the document is yet to be ratified by the country spar limits which certainly leaves the possibility of more protests everywhere across the european continent let's. see reporting from poland. well as our correspondent mentioned the microblogging from twitter is enough. scandal on its own and got more analysis on that in our website r.t. dot com including one...
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following that decision on monday shall the e.u.pressuring the chinese government to loosen restrictions on the export of rare earth minerals as well. they are essential in the wide range of high tech products from smartphones to flat screen television to rockets. asencio joins us. this is a significant ruling for about everyone involved, ray. >> that's right. the ruling is a win for certain nations. china is going to respect that decision and analysts say it could lead to something bigger. the unraveling of beijing's restrictions on rare earth. there's a bit of back story. back in 2009, the european union and mexico filed a joint complaint against china basically accusing them of raising prices. some imposed export quotas. the nine industrial minerals came under the chinese restrictions, including bobbing iet and zinc. they're used in steel to batteries to ceramic ware. china filed an appeal against the complaint and it was that decision yesterday that upheld the original wto ruling. what does this mean? can't legally hoard raw mat
following that decision on monday shall the e.u.pressuring the chinese government to loosen restrictions on the export of rare earth minerals as well. they are essential in the wide range of high tech products from smartphones to flat screen television to rockets. asencio joins us. this is a significant ruling for about everyone involved, ray. >> that's right. the ruling is a win for certain nations. china is going to respect that decision and analysts say it could lead to something...
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e.u. is actually going to have to make the real decision already to go through with this and is this potentially going to topple one two three economies in the eurozone iran does have leverage here and it's really a matter of at some point the parties realizing ok we have more to lose than we do to gain by continuing down this course and well with the e.u. now jumping on board. what effect do you think that will have now that the e.u. is backing the u.s. and these sanctions and the bigger picture i mean is that is that going to help relations i mean is it going to get its intended effect or are really what are the consequences of the e.u. now now joining i think that the consequence is really that we're running out of moves here on this chess board every time that we take another step that's one less move that we have and brings us closer to war if in six months we go forward with the oil embargo does iran retaliate do they you know play games in the strait of hormuz. i see less and less ways out of this situation there are less available off ramps to us every time we ratchet up so that remains
e.u. is actually going to have to make the real decision already to go through with this and is this potentially going to topple one two three economies in the eurozone iran does have leverage here and it's really a matter of at some point the parties realizing ok we have more to lose than we do to gain by continuing down this course and well with the e.u. now jumping on board. what effect do you think that will have now that the e.u. is backing the u.s. and these sanctions and the bigger...