nations could greece have been independent do you think. even though we have lost much of our several because of this memorandum which has created a very deep. love for greece on its own that the normally it's i was with the west and western balance on the i.m.f. and so on how as a long history of traditional good ties with russia and we should continue on that road. also a member of the political secretariat of greece's see it is a party thank you for joining us today here on out to international. and thank you for joining us as well president obama has given him permission to launch u.s. airstrikes on jihadist militants of the so-called islamic state that have occupied the northwestern areas of iraq while northeast as well i should say however he did say that the strikes would only take place in the event of in the midst of talking the kurdish city of erbil where many u.s. diplomatic posts are based now this comes as the militants have stepped up their offensive capturing the largest christian city of. it's thought some two hundred thousa

member germany now greece's hopes of exiting from its deepest recession. the half century may not not come to fruition this year as a result of russia's punitive sanctions against the e.u. and grid tourism that's another one hit that also took an expected expected massive hit amid sanctions as well and the recent depreciation of the ruble will likely lead to two hundred thousand fewer russian tourists visiting greece this year and tourism contributes more than sixteen percent to greeks g.d.p. so the almost quarter million drop in tourist could deal of attention three hundred million euro blow to greece's biggest industry that's pretty scary stuff and the hit from russian sanctions on agriculture exports that one that's a little more difficult to estimate and this is because it will go beyond the direct value of sales according to a spokesman from the association of greek exports for consignment enterprises quote the biggest impact from the russian embargo will be from the indirect fallout as russia's ban on you fruit and vegetables means that large quantit

and russian sanctions have seriously impacted greece's hopes for an exit from its deepest recession and how century that's a long time over it's not looking too bright and we'll tell you why coming right up and we were in a loss in vegas last week covering the betty the annual cyber security summit blackout and today we're bringing you all the latest and greatest from the event kicking it off with my interview with mr jake coons now jake is the chief security officer at risk based securities and a black hat veterans one of the few who's been going for fifteen out of seventeen years and he's giving us the inside scoop on how the conference is evolved over the years and then in today's big deal i'm joined by the always always fabulous mr sam sachs and sam and i are discussing how an impending fast food armageddon armageddon generalising an even bigger bite out of minimum wage jobs scary stuff and make sure hungry you all want to miss a moment and it all starts right now. with . our lead story today sanctions now ever since the u.s. and e.u. began issuing sanctions against russia in respon

from the economy greece of exports from greece or other countries greece has a long history of traditional good ties with russia and we should continue in that role. you can head to our web site to tell us who you think will be hit the hardest by the sanctions over the crisis in ukraine here are the options to choose from here the graphics here ultimately the majority now believing the e.u. and the us could actually suffer the biggest loss is only a little less feeling that both russia and western nations will be affected equally and the rest of you say it's either russia or no one as the world will quickly just cast your vote as r.t. dot com. the in the. it's off the international live from moscow thanks for joining us president obama has given permission to launch u.s. airstrikes on jihadist militants of the so-called islamic state that of occupied a large area now of northern iraq however he said the strikes would only take place in the event of islamists attacking the kurdish city here of erbil that's where many u.s. diplomatic personnel live based and this comes as the militants have

products brussels does not fill in that our economic from the economic decrease of exports for greece or other countries greece has a long history of traditional good ties with russia and we should continue on that road. where we love it when you get involved with our stories here on r.t. if you go to our website you can tell us who you think will be hit hardest by the sanctions over the crisis in ukraine as bring up the numbers here are the options to choose from for example right now the majority believing the e.u. and the u.s. could suffer the biggest losses only now a little less feel that both russia and western nations will be affected equally the rest of you say it's either russia or no one as the world will adjust quickly you cast your vote it's r.t. dot com. it's a pleasure to have you with us today president obama has given permission to launch u.s. airstrikes on she hottest militants of the so-called islamic state that have occupied a good chunk of northeast iraq however obama did say the strikes would only take place in the event of islam is talking the city over to build

. >> greece has seen positive news in the last few months.here's been slight economic growth for the second quarter 2014, and tourism seems to be on the rebound, also seem to be due to at the moment very competitive prices in greece. unfortunately, those numbers do not say anything about daily reality for most people. while vacationers are relaxing and tanning away on their beaches, many greeks can no longer afford their medical bills. oh, and by the way, youth unemployment is still above 50%, and that's not all -- the country is setting another sad record -- this one involving suicide. >> he is mourning the loss of his friend and colleague who took his own life when he lost his job. plagued by the fear of becoming a beggar, the 49-year-old turns to suicide. >> he was very proud -- so proud that he did not see any other way out. he could not face the prospect of losing his dignity as a result of being unemployed. >> he is by no means an isolated case. every day, there are reports of two or three people who kill themselves, and many more who t

russia has been a strategic partner for greece and really for me and for the export. progress brussels going on still in the normal on the economy decrease of exports for greece or other countries greece has our whole history of traditional good ties with russia and we should continue in that role. just discussion on political issues. trying to. get to. see. back to our breaking news story this hour ukraine could blog on russia's gas transit to do europe as part of a set of economic sanctions like use parliament has approved twenty six the measures that could be implemented against russia they include a ban on any transportation through the country's territory including the transfer of energy resources the main transit routes for russia's gas to europe lies through ukraine and blocking of those routes could cause a drastic shot in a number of e.u. countries but these sanctions fall from a done deal although ukraine's prime minister says there is a distinct possibility the exact sanctions will be revealed later today and we'll have more details as we get them here on r

the largest opposition party in greece is a urging the government to drop sanctions against russia even if the move is not supported by other nation. is the heart's a member of the party's a political sectarian it told to us or told us rather that athens can't afford to lose a key trading partner. really it's just going through a fifty year old for a course of recession the memoranda of policies which are being followed with austerity programs in the last five years have created great problems from the greek economy and especially for bring back sports russia has been a strategic partner for greece and really for me and food export. products brussels done a lot still in the gallery konami from the economic decrease of exports for greece or other countries greece has a long history of traditional good ties with russia and we should continue on that road. head to our web site to tell us all who years think will be hit the hardest by the sanctions over the crisis in ukraine let's take a look now what you've been saying online right to the majority believe that the e.u. and the u.s. could s

there are -- greece is a small town very near rochester. and at least in rochester-lots of people of different religions. so, could you work that out, do you think, if that were the only objecting point? >> i meant to what the up to's position would be. certainly no constitutional problem with doing that. here, as practical -- >> i'm not a saying it's a constitutionol problem i get from the opinion of doing the opposite. of not making an effort to make people who are not christians feel -- although they live in or near the town or are affected thereby, participants. >> it's a perfectly rational approach when any legislative body is going to have a practice of legislative prayer to go to the houses of worship in the community -- >> i want to know if you have any objection. >> i certainly don't think it is constitutionally required. i would note as a principal practical matter that happened here -- >> do you -- would you -- if all that we're left in the case were the question of your making a good faith effort to try to include others, would

next the supreme court or argument in the case of town of greece v. galloway. at issue is the legality of opening public meetings with prayer to the justice has heard from both sides for about an hour. for some background on the issues involved. >> on november 6, 2013 the supreme court heard oral argument in the case out of greece galloway. two residents of that town objected to the town board beginning most of their meetings with predominately christian prayer. joining us is mike doyle from mcclatchy was their legal correspondent. what are we going to hear the oral argument? >> and we will hear the conflict between the right of people not to have religion imposed on them by the state versus the desire of the town leaders in greece a city 96,000 to invoke the lord at the start of each of their sessions. so there will be this conflict between legislative prayer which is something that is common to many political bodies and the person guaranteed against the establishment of official religions. the two people in the case from greece and new york, one is an atheist

thanks and we'll have judge greece's ruling applying to the whole world treating entire countries like a family restaurant that goes broke and has to distribute all of its assets so the u.s. is shooting itself in its own foot again and again says such talk about the isn't it true that you know your back and of course you came up through banking originally and so you're very familiar with the whole industry a couple of questions if the if the world goes off the u.s. dollars stander it reserve currency and looks like that's what's happening there isn't that going to make for americans anyway the price of stuff like oil and food is going to cause inflation because they don't have that privilege they have the extraordinary privilege in principle it well the world won't really go off the dollar standard it will have a multi standard world there will now be a brics along with it for the u.s. neo liberals have made sure that the euro cannot create any kind of a euro currency because in order to create a euro the euro is the backing for central banks governments would have to run deficits and

just look at greece we sense the greeks back to the middle ages. they use unemployment rate is at sixty percent thirty percent for the rest of the workforce a drop in unemployment compensation a drop in salaries a drop in civil servants by mrs they no longer have access to appropriate health care zusak rates have doubled and there's been a fifty percent increase and the infant mortality rate is this progress is this what we have promised this is a disgrace it's scandalous. it doesn't reduce the deficit or debt. greece's deficit and its debts are still increasing this is why i say that the austerity policies are both inefficient in attaining their objectives which is reducing deficit but they're also profoundly i'm just real and almost inhumane look at the fact that in some hospitals in greece when women come to give us that given their baby only in exchange for a bill to pay for that delivery. but every bit as good as it could you want to see as they had a european commission. it was a moment i completely don't care that all interchangeable is all

greece has agreed to sell billions of dollars of public assets.ll as part of a loan agreement with its eurozone partners. a court decision is preventing the government from providetizing the country's water system. >> has a lot of people breathing a sigh of relief. john cirapolis has more from athens? >> this restaurant owner and his clients are celebrating a triumph. greece's top administrative court has told the government to keep a 1 third stake in the athens water and sewage company because it is a monopoly industry. this will help keep bills low and this restaurant in business. the citizens action group says itt it shouldn't sell off assets the? >> the worst-case scenario is off of the table now. we are, of course, are still aware offed aware of the the pressure from the international lobby of water players to deal with the greek government. >> it's the first time a court has stopped a private eyization demanded by greece's credit. agentens water started out as a private venture eighty years ago when an american company built and operated mar

other countries greece has a. history of for additional good ties with russia and we should continue on that road. market and so us to discuss some of non political you. are. trying to. push. on the political to. be. honest. so i can see a reasonable budget that kind of pursues. a resolution calling for all sides to accept a cease fire at the site of the malaysian plane crash in eastern ukraine has been blocked at the u.n. security council the countries who refused to accept the document put forward by moscow wanted antigovernment forces blamed in the wording professor bruno diversity from the national institute of eastern civilizations believes it's all part of a well planned campaign against russia. very concerned. and inquiry about the incident of the accident of the malaysian play plane but most obviously united states don't want to cooperate on that field and they don't give the information they have they don't want to communicate they just want to make pressure. against russia unfortunately the the members o

from the economic decrease of exports for greece or other countries greece has a long history of traditional good ties with russia and we should continue in that role. of politically she said. trying to. push. political. shop. so i can see recent budget kind of sids. at least fourteen palestinians have been wounded one seriously so in fierce clashes with israeli soldiers across the west bank. israeli army used tear gas rubber bullets and live ammunition to disperse thousands of people staging a protest against the militants in gaza palestinian protesters threw stones and fireworks at troops the west bank is seen skirmishes a number of times since the beginning of the month long conflict but this time up to ten towns including bethlehem and ramallah would involve a fear reports for i'll tell you from the heart of the disturbances. just behind me palestinian protesters are clashing with israeli troops here in the occupied west bank throughout the west bank today we've seen clashes between israeli troops and palestinian protesters throwing stones is. now the hamas movement throughout the occupi

decrease of exports for greece or other countries greece has our.home history for additional good ties with russia and we should. be able to have old marcus on such discuss some of our own political issues of course on that since we are trying to. push here into an on the political decent. shall be done as soon as possible peace. to i can see the reasonable budget toss on that kind of emphasis. russian resolution of the u.n. security council calling for all sides to abide by a cease fire at the site of the malaysian plane crash in eastern ukraine has been blocked the countries who refuse to accept the document wanted an anti government forces blamed in the wording on the inside let's cross live now to professor. from of the national institute of eastern civilization professor good to have you with us this afternoon how could the u.n. security council block a proposed peace and a leg down of arms. you know it's logical in a certain sense because it's not the security council it's united states that are blocking and you know they they began. campaign

greece's cook told the government to keep a one-third stake in the suage company. it is a mop oply. it will help to keep the bills low. they think greece shouldn't sell off its assets. >> i think the worst case scenario is the table now, and we are aware of the pressure were the international private players too. it's the first time a court stopped the privatisation demanded by greece's creditors. >> they started out as a private venture. when an american company built and operated. most people do not belief contractors would match the level of investment. it would support subsidies. people see water as a human right. unlike telephony it is essential to life. the need of a company controlling assets is not salentable. since 2000, 86 cities claimed the water works back. >> this raut of failure doesn't conquer. >> failure doesn't mean that privatisation was wrong. it means the bur couldn't provide a common good. that's why we have regulators. >> greek debt stand at obvious 400 billion. the mandatory privatisations are worth 13 billion. greece may never be able to pay off the debtment

and i can't help but notice the private sector wages in greece are still dropping so when it's a real recovery going to occur there. the answer to your pertinent question is when europe and the government it's a come clean when they come clean on the fact that the insolvency of the greek social economy that happened in two thousand and ten is simply with its transforming itself was not going away as a result of either we never dealt with it we dealt with it by piling up huge new debts on the shoulders of an insolvent state and then that state passed it on to the private sector in the form of tax hikes and duction intentions and so on that induced aggregate demand so that they insolvency that begun two thousand and eight simply. with the economy when we stopped doing that then there would be a chance of recovery. that was the best of the best from this past week time now for our weekly accrued interest. in first time with the wonderful and i were there and i was sure here for my side of the mirror and i wouldn't want to have you here at all so you are a terrace and i are putting you th

next a reason supreme court oral argument, greece v. galloway get with the legality of prior open public meetings. then we'll show you all of today's "washington journal" program again and later we'll show you that hearing on medicare oversight once again. >> here's a look at our primetime lineup for this week on the c-span networks. >> next the supreme court hears oral origin in the case of greece v. galloway, and issue the legality of open public meetings with prayer. the justices are from both sides for about one hour. first some background on the issues involved. >> on november 6, 2013 the supreme court heard the oral argument in the case account of greece v. galloway, a town a new city. to residents objected to the town board beginning most other meetings with predominately christian prayer. joining us is mike doyle who is a legal correspondent. what of the going to hear? what issues speak with will have the conflict between the right of peoples not have religion a post up on them by the state versus the desire of town leaders in g

one of the exceptions was greece about they have another set of exceptions. >> greece is not the model >> they started with different lefbl levels of inequality. it isn't just politics or local conditions. it is more fundamental than that. look at what is happening in china and other countries and there i think the stories are more striking because we were looking at some of the issues in terms of say manufacturing employment and people think of globalization and technology as being the two great forces affecting the economy. and the idea of manufacture moving from the united states to china. it turns out that in fact manufacturing employment in china is shrinking. 20 million fewer people are working in manufacturing today than in the 1990's. it is shrinking in the united states and all of the places worldwide. it isn't a matter of jobs moving from one country to another. it is jobs moving from both china and the united states to robots and to automation. the phrase that andy and i use to describe this is offshoring is just another wave and it will be more important in the next decades

he then joined the voice of led design and construction efforts in greece and in germany. years abroad, he and his family moved to washington, by and mr. ayers was hired the architect of the capitol as assistant senate superintendent. subsequently served for 13 years in a variety of roles the he was tapped to be acting architect of the capitol 2007.bruary of the role of architect of the capitol is one that requires a leader who is mindful of both grand vision of american

greece's ancient history is a world treasure where you'll find a lot of it isn't in its homeland but some of the most prized objects are controversially still held in a london museum. is now reporting on whether it's time for the greek culture to find its way back home. greece has lost its marbles the issue over the ownership of the parthenon sculptures is not a new one but throw in a fresh campaign for athens i'm a cultural travesty returns over two thousand five hundred years old. represent the core of ancient greek civilization and remain the soul of the country's identity there have been continuous negotiations between the two governments with the british as well as the trustees of the exhibit refusing to return them although this is a legal case there are questions over morality and history question here who do determine the ownership. you can find. people. who can enjoy i think it should be returned to the history of the people the culture the people. just leave. the question over who owns what perhaps seen as the cultural equivalent of the falklands or gibraltar it seems that.

that the surrounding areas used to produce seventy percent of greece's electricity while the economic crisis line. all demand and the national output dropped to roughly fifty two percent having said that the public how corporation remains the main employer here and people living in these areas fear that with this product i say ssion the government is not only slowly selling the public well but it is also jeopardizing their livelihood which has already been dealt a blow. to the us when they already expropriated our land for public interest without even asking us we're talking about one bigger than the size of up until now locals were given preferential treatment because of that where's the guarantee that a private investor will choose to employ these people this place could become that there is no security you will be slaves and dependent on big corporations greece currently owns over fifty one percent of the country's biggest electric power company but its plan and suspend all thirty percent to comply with its bailout conditions said by the european union and the national monetary fun

we sought in argentina and greece.e saw it in argentina and greece. >> do you think they will be relegated? >> i don't know. they do consult on these things. they have signaled what they might do. it is difficult to preempt what their decision may be. they are going to provide indices which still include russia. if you are an emerging market investor i'm not sure what [indiscernible] >> john paul smith. domestic market strategist. more on turkey elections this weekend. a strong china and date today. ♪ >> welcome back. we're rejoined j.p. smith. talk about china. we have just had significant trade data. exports are up more than have been expected. imports are decreasing. is that a worrying? it is difficult to analyze china. the data tends to be lumpy. the trade data is distorted a lot. economist. i need to get back and read through what people think about this data. u.k. figuree, the was a 25% increase. that is a big number. the u.k. is the destination for capital flow. a be there is distortion in it. the big picture wi

family these guys are family is dysfunctional uncorking is they are these are the guys he lives in greece for and will die for you and chuck liddell with the coaches the first season of the ultimate fighter right to change the way the public looked to them and absolutely everybody thought we were crazy that we were criminals because we got a cage and fox and obviously most the guys and in the mixed martial arts that i know a college educated guy i think just competing we need to do that at sports life and this is that outlet that you know that he had the impact on the school would be i mean every look at yourself that way at least i don't i don't see still what i love to do plus god gave me armor i think they're hard in the debate they did protect my head does it affect your hearing like deafness and selective. and all next on larry king now. put them to larry king now our special guest is will there be there to an actor a businessman and one of em of a zone original superstars a six time world champion and you have seen hall of famer august tenth you can see him and frank shamrock hostin

indonesia -- >> you have greece in your preferred markets. a positive because they are showing such potential or should they take that as an insult? >> it is not an insult. greece is the typical turnaround story. they had their prices already. some emerging markets and might have to go into a crisis. defenseore or less a story because the main markets were having a different theme. i think that is the same c ase. there was a lot of upside because it has been so big. >> what have you been playing in greece because the financial story -- it is done and gone. there was that big boon you had increased which is over -- in greece is over. >> the financials have new capital, that is maybe reason why the capital -- the market has been disappointing over the past few months. if you believe and agree to recovery, you should play it through the banks. >> we have a president-elect promoting import substitution which many have their doubts about. you like indonesia. >> not primarily because of the new president. he can do very well but it is uncertain to

order the wild west mentality of letting a bank like goldman sachs totally destroy a country like greece for a few quid. i marinate joined me on thirteen debt impartial and financial reporting commentary interviews and much much. only on bombast and only on. the news today and signs of more interest progress a secret peace story. many many places and i would say i suppose red square demonstrations are feaster at least in our case setting it up and when you have a secret if you see the bring themselves. we've seen already sort of. things. international news line from moscow this is all seem to national with me. and was stopped with breaking news from ukraine to sound like an hour live to our correspondents he is going all for the updates on the situation that right now in kiev hi there you go. give us a heads up of the situation that where you are now frankly it's not clear who opened fire first but these were life rounds a shot there overnight and there are injuries and fatalities on both sides both among the rioters and to the police but like i said right now it seems more or less peace

greece, that's an interesting one.arly, there's some opportunity at least from your perspective, but wilbur ross has been on the program loving greece right now, billionaire investor. let me flip over to john who's much calmer at this point with names like intel, discover and procter & gamble. these are large caps that do pay dividends. we could pick out intel for the moment because that stock is hovering just below its 52-week high. it has suddenly woken up. what do you love about intel? >> we like intel because, especially because of the announcement they made the last time they reported earnings. they're finally starting to see a turn in orders, a turn in sales, and that whole capital spending cycle that we're anticipating, we believe intel is going to be on the leading edge of that. so we're actually pretty excite about intel's prospects. liz: and intel inside, they still have a pretty decent relationship with hewlett-packard, and hewlett-packard has been able to capitalize on that cycle where people and companies