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tv   News  RT  October 5, 2022 4:00pm-4:30pm EDT

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a dan, meek at that with a official stay there, north gamblers, and they defend that decision to flash oil outputs for coding for a more responsible approach to the global energy crisis from western power and look at what is happening back building. they are trying to catch up. we cannot afford pink eye chip, russia. we've been my notes salads, oil to countries that adult pay price limit on the commodity in response to the use decision to impose a us national debt, thought to historic high of the country borrow more money to help find on budget
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debited a 40 year record inflation a will welcome to you. this is off international with the latest world news update. it's great to have you with now the opec plans, the oil like sporting a blow command, both including russia and saudi arabia. how the proof, a major cuts in crude outputs around $2000000.00 barrels per day, is the biggest such reduction in over 2 years. anything that popping up prices on? well, markets, saudi arabia, as the energy minister explains the reasoning behind the decision. we are not in the gambling business, we have to be kind of who i have had 35 years of experience in this field. i would like to challenge anybody who could come and say,
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we've been through a situation as similar as it is today. and if we are not to be a tentative or ticket likely lecture, either it and look at what is happening, did backpedaling, they are trying to catch up. we cannot afford playing catch you. so on the one hand we have the intentions of the e. u and the u. s. which are crystal clear, they want to punish russia with low oil prices by introducing a price cap. on the other hand, we have the group of all producers called opec plus, which is surely interested in higher prices for years. they have been achieving that through limiting their output. and guess who's running the show as the biggest players when it comes to opec plots, that's saudi arabia in russia. now i do want to point out that washington work hard to convince the oil which gulf countries not to agree to an output cut. so the
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number one question right now is what comes 1st to for saudi arabia and it's opec plus allies, their own economic interests, or friendship with the us today, the answer was given. opec plus decided to go for the move that would drive the prices up. this is said to weaken the efforts by the west, anger the u. s. apparently, and help rush up at the end of the day. now this is what perhaps led to the following exchange between a journalist and the saudi energy minister at that press conference in vienna. the gas price is widely seen in europe and much of the western world as having been manipulated by russia, which is cut supply. people will know, see, so the arabia and the core members of opec, an opec plus, cooperating with russia try and raised in la david will be the view there. do you want to twist it to your end?
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fine. it's your prerogative. it's, you're right. it's. we've also, we've been collaborating with opec plus countries ever since december 2016. so it is not an accident of, of mutual convenience. so how far has the west on with its sanctions against russia? well, a month ago there was the decision by the g 7 countries to impose a cap on russian oil. now the, the european union countries were supposed to accept that decision to, but that was when moscow said loud and clear that it will simply stop supplying all to the countries that sign up to these policies to query. she's in the booklets and absolutely stupid decision. if you were, somebody tries to implement it, it will not lead them anywhere. there are contracts obligations to ensure supplies name, visit. i wonder whether any political decisions contradicting those contracts are to be made. i should be, so we would simply stop respecting the terms. she would cease to supply natural gas,
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crude oil, coal, and fuel oil, usually. and we would not supply anything if it goes against our economic interests . we will fully respect our contractual obligations unless someone tries to impose their own terms honest, surely when those who are imposing their own terms on us are not currently in a position to do so good as they should think. again, debates, and i'm certainly now going back to the efforts by the western countries wednesday was the day for you officials to take action and to agree on the legal basis for the or price cap. it covers maritime trade of russian oil. and so they did, but to reach this deal wasn't smooth sailing. a number of e countries were raising serious concerns over the plans and perhaps hungry was the loudest voice as on one on because any of your from feel like when i look at these energy sanctions, i realize we are energy midgets. when we impose sanctions on an energy giant, it's an unusual situation in history and such action i think cannot lead to
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a good ending. so those sanctions do harm to us. they are bad. they are painful, it costs a lot of money and threatened to swallow a great amount of our success to we achieved in the past 10 years. for now, there's no decision yet on the actual price or the price range when it comes to the a price gap that will be negotiated in the near future. and deb, that's why i guess you have to stay tuned for the updates and also watch out for the old prizes as the effects of that opec plus decision kicked in react thing to the latest efficient by the u rushes deputy prime minister and former energy chief as one that moscow might no longer sell it soil to countries unwilling to pay a fair price. so the managed news will prices are 37 percent higher than last year, in case the price kept mechanism is implemented. i would not rule out arise in prices since there might be
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a deficit. any country that will now be buying our resources will have to make a decision on whether it will pay according to the market instruments, which means making purchases on a competitive basis. if the decision is made by a company on its own, it risks not receiving the resources, since that would mean no profits for russia, and would likely lead to a decrease in the extraction and relocation of resources. that washington is not impressed at. the bind administration has slammed the opaque plath oil production cuts and is threatening to limit the blokes influence on global energy prices. the president is disappointed by the short sighted decision by opec bloss to cut production quote us, while the global economy is dealing with the continued negative impact of food and invasion of ukraine at the time when maintaining a global supply of energy of paramount importance. this decision will have the most negative impact in the lower and middle income countries that are already reeling from elevated energy prices. independent journalist option returns, they say,
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any countries i'm willing to play along with washington and brussels will have to take part in a balancing act. bon leah 8th of march theory, and saudi arabia reportedly refused to take jo biden's phone calls in the just a few months later, the saudis refused to increase output during biden's visit to reared. then on the 4th of october, there was a campaign from the white house saying come on increase output. and then we see today's carter should say, the u. e 160000000 barrels decrease 526000000. decreased by russia and saudi arabia each. i'm just going to tell you that the white house officials are being quoted on argue, will actually stenographer us media as st. quotes disappointed by the short sighted decision, basically from saudi you, a rusher, other members of opec, and a kind of threat. some way to argue that by the administration,
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according to these anonymous source has been graded on us, i was, will consult congress in addition to the 40, to reduce opec's control over energy prices. it is a balancing game, but then again the international, the strategic, sorry, annoying to that we american strategic petroleum reserve, the united states before this decision, we're looking like they were back in the 1980s when, arguably they could order the way in saudi arabia more washington could and now i think in the past a few minutes, the u. s. is already saying they're going to have to release more from that strategic petroleum reserve. so it's a balancing act for developing world countries. but many commentators even in the watching in belt, we're having to admit is a change times. and of course, looking towards it even though not reporting on it. the 2nd shang i, cooperation, organization meeting, let alone what's going to be happening in brazil later this month on the bab
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selection of lula and the expansion of bricks the us national debt set. and he won't rack hold of 2031 trillion dollars. that's more than double the debt that the 2nd biggest bar was china. the us economy is facing 40 year high inflation in response. the federal reserve has been increasing interest rates, which are expected to hit the highest level since 2007. the policy also led to a surge of the us dollars value sparking a warning from the un and the face of a global recession with the economy of developing nations to be especially vulnerable, the you and say there's more than one way to lower inflation rates. market surveillance authorities could be mandated to intervene directly in exchange trading on an occasional basis by buying or selling derivative contracts with you to vote in price collapses or deflating. price bubbles, the spot in the spiraling debt on the homefront washington isn't showing away from
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coughing up even more cash in support for ukraine. the u. s. has approved a total of some $54000000000.00 and military economic and humanitarian a key f. so far this year, on top of our job buys and approved a new boat with another 12000000 bucks worth of help to ukraine. geopolitical and market analysts, tom longo says there's a growing rift between the u. s. federal reserve and the white house. this is very clear that the fed and congress in the white house, or at odds with each other. the fed as it is at odds with what the congress wants to do and what the white house wants to do. and i think that that's a very important points important i've been making for about a year and a half. now since last june, when the fed began, what i would call salt tightening by, by adjusting a very tactical rate called the reverse refill rate, which when they raised the 5 basis points above the fed funds rate, the, the nominal benchmark rate lending rate that cause a tremendous drain of liquidity or dollar, put it around the world since then. the reverse repo facility had about
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$450000000000.00 parked in, in june of 2021. today. it's hit a high about $2.00 trillion dollars last week. and i think there's been a little bit of movement out about in the last couple of days, but, you know, that's it. but the, the numbers of staggering that, that's all what you would call base money for the global economy. and so the fed has been actively draining the world of dollars from overseas knowing full well that it has to try and get inflation under control and, but at the same time, i also don't believe that it's, that's the, the fed only mission here. i think that is actually very stealthily trying to political pressure on washington to change the way it's been operating for the last of the 2008 by angel christ. the connection between washington and the big tech companies are coming on, the increasing stress in a, as a conservative legal group of food, the f b i for failing to disclose the agencies ties to networks like facebook and censoring of some controversial content. art is caleb moping delves into the story?
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well, the notion that big tack is very much colluding with the democratic party almost functioning as a wing of the democratic party has been around for quite some time. however, we now have this non profit going ahead the lawsuit against the api. i basically demanding that they make their records public disclose their relationship with the big tech companies. so the whole us public can know the truth about their relationship. the evidence is that during the 2020 presidential election campaign, the f. b, i conspired and combined with large corporations, including facebook, to sensor and suppressed the damning evidence of binding family corruption and influence peddling, found on hunter biden's laptop. this was done to help joe biden and the democrats when the 2020 election, now arrogantly disregarding the law, the f, b i as stonewalling, america, 1st legal efforts to expose the f, b. i. e mails detailing the trade craft behind this collusive attack on our
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elections and identifying the persons inside and outside of government who were responsible for it. 2 months ago, mark zuckerberg, the ceo of facebook admitted on a podcast that he was approached by the us security agencies and asked basically to suppress the unter biden laptop story. because they believed it was possibly or likely to be what they called russian dis information. this was that bombshell admission from mark zuckerberg. and basically the background here is the f b i, i think basically came to us some, some folks on our team. okay. just so you know, like you should be on high alert. there was the we, we saw there was a lot of russian propaganda in 2016 election. we have it on notice that basically there's about to be some kind of dump of um ah, that's similar to that. so just be vigilant. now it's also important to note that
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hunter biden's former business. so see it at this point has come forward and said the f b, i really showed no interest in all the evidence he provided, showing 100 biden's wrong doings and his crimes and seems like they just weren't interested in getting the facts on 100 by here's what the former business associate had to say they were supposed to be working a follow up interview, and tim t. mo, in his last discussion with my legal counsel, was listen, we know tony's cooperating. we appreciate all the information you provided. we will follow up with you. we're definitely going to have them come in for a follow up interview or spend some more time on this. and i haven't heard from them since. now this seems to reinforce the notion that the f b, i just really had no interest in investigating the crimes of the biden family and the presidents, family members. now at this point, we're also seeing with a lawn mosque assuming leadership of twitter, some pretty blatant examples of how solidly twitter. ready in the democratic party
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camp, there are reports circulating about twitter employees crying out the song, should i stay? where should i go is being played in the twitter cafe. and it becomes apparent that a number of twitter employees are afraid that the company may be moving in a different direction. perhaps the algorithms are going to be a little bit different. perhaps different tweets are going to be circulating out of the way news feeds are going to be operating will be different and it won't be the standard liberal line. so when we look over all the facts here with this new law suits and other revelations that have happened, it becomes pretty clear that the stranglehold that the democratic party has over the tech giants and their control over information and discourse in the united states is becoming more and more obvious. furthermore, there is more and more outrage about it. the international community's representative to maintain peace in both. there has fox control the theme by changing national voting lose following a pivotal election to their won't us to you. i want to say
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why you went to the polling places, vote i took to sessions to ensure that your vote will matter and your democratic bill shall be done. this is necessary, so ph can at once on its path to what's candidates to to us in the european journey here. the high representative christine smith told sweeping powers in the country as part of the peace deal that ended the bosnian war in the 19 ninety's. he set the changes to the voting, the women to target certain state is the 2 sions that he denounced as dysfunctional . the us and britain supported the move, but despite claims that it would facilitate the country's future expression to the e. u. the block itself, it no apparent, ready to support the measures. smith,
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however, has adequately stood by his opinion on task hans, some strong words against local politicians. rubbish, food, rubbish. people. i'm not sitting on standing here. i'm caring for this country. this is a tone that people have lost their lives and we are not to you just to make political games. and in this country, people who make partner with people, but the politicians and i am rid of this, this was the decision of the high representative alone. the executive powers of the high representative should be you solely as a measure of last resort against irreparable unlawful acts. we were astonished that on election day, the high representative for bosnia and post significant further changes to the constitution which undermines bosnia and herzegovina, democracy, and institutions. and particularly, the will of the citizens who made use of their democratic rights. voters very clearly choose progressive over nationalistic politicians. yet schmidt provokes
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another crisis with an unnecessary move that benefits the losers of the election. is not the 1st time the international envoy to bosnia has sparks backlash. russia has objected to the appointment of christine schmidt to the post and slammed his decisions as illegitimate. professor are the institute of european studies in belgrade at steve and guy edge, save the international and for his actions. maint bosnia protectorate state under western control. samantha was problematic from day one because she is a high representatives that it was not elected by the security council since both russia and china were against him. which means that he is illegally holding this office, this office, and on the other hand, is also problematic by itself. because this makes bosnia protector at the not really a sovereign states. i think that the assessment of russia is correct. but of course, you know, nothing will definitely change. i believe, until to some kind of
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a new arrangement for the country. for political wife was always calling the shots in the environment. busy of the war in the east of europe, but they are probably trying to show their now let's say foreign political muscle. busy on. busy petty issues in the larger scale and. busy they are definitely is one of those british permanent fil, is chassis facing record low approval ratings, with some numbers of her own to a party saying her government has at the start of any u. k. companies in history. well trade unionists accused trust of serving the rich and ignoring the needs of the people. 6 months, we've seen the decadence and the corruption of the ruling class in this country. and i use that word deliberately. these people, they are acting in the interest of their people. it's
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a simple equation. you don't have to be a marxist or radical or socialist. so understand that there are 2 elements in this society. the people that create the wealth through their work, they are the world creators. and the characteristic of the rich and the own in class is that they can store the, well, i can shoot me a greater rate than we do. that would be crazy that are weren't any energy. there is an abundance of energy. 50 percent of our energy is produced in our wants is. the problem is, who owns the energy? the rich only energy and we're going to have to subsidize their profits under anyone tell you that there's subsidizing us, we pay tax to support our people. not to subsidize the rich. i only men and women are going on.
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we are in the middle of a struggle now. we've got a bill. since taking office a month ago, trust has thrown the british economy into turmoil by introducing tax cussing, measures that she eventually chose to forego and made outrage among the public. the move would have lifted a limit on bank as bonuses and introduce welfare cuts in another round of austerity . that has come to be closely associated with the prime minister. conservative party. early this week, more than 3000 people took to the streets in birmingham to disrupt the conservative party conference where trust and other tory leaders were expected to speak. the crowd brandished the anti war banners while calling out the ridge for making people bear the brunt of the economic french journalist on homer, labor party member raja mckenzie phase britons a fed up with a government thousands and thousands of workers have had enough of being
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treated like rubbish and being told that there's somehow an anti coalition of against growth or against and the economy where they stand up for their jobs. most people can't for to put bread on the table at moments they can't afford to barely keep a roof over their heads. the super rich simply look after themselves and to look after each other and expects and working people, the working class just to survive, barely survive. and frankly, they don't even care whether we survive or not. tory government felt that they could and somehow and channel money away from working people towards, towards their mates than to richard from the conservative party people and also cheap if they can see that. and they can see a government her mom is not allowing protest. it's completely m r ray,
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just to thank the working people are gonna accept the current situation and that we're in play a can see right through this governance. and i understand, and that this government is a governance of the rich by the rich for the rich, and that we need to bells and working class movements. and they're going to stand up to them. when you, thanks for keeping us company here on our tea international. as always, you can find plenty more on the latest news stories on our website, r t dot com and don't forget to follow us on our telegram channels. mm. ah . nato faces a dilemma member. countries are divided on how to proceed regarding ukraine. 9 countries want membership or ukraine immediately 21 member countries disagree. then
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there is the issue of what exactly ukraine is today. is nato willing to liberate the regions that are joining russian polymer does not bother with this with you. with you. i am with
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full credit is going to be out of wood from beach. gotta go to still easy for this patient with me. ah, lisa. so the russian state co narrative as tight as on the most landscape div, asking him the knocking them up for
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a coup in 55. we did. okay, so mine is 25 and speaking with we will van in the european union the kremlin. yup. machine. the state aunt rush up to date and split the r t spoke neck. even our video agency, roughly all band to on youtube said with oh, in unit i might have
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missed you give me a call. what could be on bus, ma'am? pretty ellen. there we just didn't fit in the one you been going to call it double block that you feel is public. and mr. procedure of which in law go its own will do me in the room. when presley away only mister bishop was going on back, it is really pissed because the more that would be his return with letters thought said the and that unless you all abuser capture i sit near miss. ah, suddenly i know it don't go. the scratch was blown, of course, but when you want to miss night, but we just did as the was a little to do what you reminded me put on time when you not look for some reason
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you removed, annoyed me when you bought a car crash. you opened up over to jeff miller for one of them. usually he came into the yeah, got the flag, the yellow book, it's been wireless because when you get away side by side, it will still go on and not cry. and what about media? because i'm sure you have to lose just on my beautiful you really a going down to. so again, no one knows what that is, the only for the history of you, what you need them will deliver. the moved from us were sync up
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to the smart dawson, knowing that the extra my know what the ingenue for you will need to have stale should also have them release soon. this is very just what you sort of rama she had other useful fortune chrome can. you're supposed to go see every bit of your credential screen la la la la coupon to chest. no. wrongly will. if it doesn't, christy. you don't think that the sweetest and i didn't order from a liberal ever jump up simple getting the to get into the from of several of her own little.


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