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tv   News  RT  October 5, 2022 5:00pm-5:31pm EDT

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i with ah, officials, they then know the gamblers, they defend that decision to flash oil output coding for a more responsible approach to the global energy crisis from western power and look at with dark building. they are trying to cut the cake. i choke. we cannot afford pink eye chip. russia was in my nose cell, it's oil to country that adult pay price limit on the commodity in response to the decision to impose a us national debt to historic ties as the country borrow more money to help finance is budget deficits. i made
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a 40 year record in place with very well welcome to you. this is dorothy international with the latest world news update. it's great to have you with the opec class, the oil like sporting a blow command, both including russia and saudi arabia. how to prove a major cuts in crude output around $2000000.00 barrels per day is the biggest such reduction in over 2 years, anything popping up prices on well, markets. saudi arabia is the energy minister explains the reasoning behind the decision. we are not in the gambling business, we have to be careful. i have had 35 years of experience in this field. i would like to challenge anybody who could come and say,
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we've been to 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're trying to cut a ketchup. we cannot afford paying ketchup. 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 for saudi arabia and it's opec plus allies, their own economic interests, or friendship with the us to day, the answer was given. opec plus decided to go for the move that would drive the prices up. this is said to weaken the efforts by the west, anger the us apparently, and help russia 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 raise the oil price. it will with the simplicity of it will be the view
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there. do you went to twisted to, to your end? fine, it's your prerogative, it's your right. it's way because 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 done with it? sanctions against russia? well, a month ago there was the decision by the g 7 countries to impose a cap on wash and 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 needs them booklets and absolutely stupid decision. if you were, somebody tries to implement it, it would not lead them anywhere. there are contracts obligations to ensure supplies . maybe i wonder whether any political decisions contradicting those contracts are
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to be made. i should be so we would simply stop respecting the term security. she would cease to supply natural gas or 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 that they should think again, debates and i'm certainly use it now going back to the efforts by the western countries, wednesday was the day for e officials to take action and to agree on the legal basis for the oil price cap. it covers married time 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 frontier. com when i look at is energy sanctions. i realize that we are energy midgets, when we impose sanctions on an energy giant,
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it's an unusual situation in history. and such action i think cannot lead to a good ending. so those sanctions do harm to us. they are bad. they are painful with cost a lot of money and threatened to swallow a great amount of our success to we achieved in the past 10 years. for now, there's no decision yet on the actual price or the price range when it comes to the a price gap that will be negotiated in the near future. and a, that's why i guess you have to stay tuned for the updates and also watch out for the old prizes as the effects of that opec plus decision kicked in. reacting to the latest decision by the you, russia is deputy prime minister and former energy chief as one that moscow might no longer sell a soil to countries unwilling to pay a fair price. so the managed news will prices are 37 percent higher than last year . in case the price cap mechanism is implemented,
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i would not rule out arise in prices since there might be a deficit. any country that will now be buying our resources, we'll have to make a decision on whether it will pay according to the market instruments. which means making purchases on a competitive basis. if the decision is made by a company on its own, it risks not receiving the resources, since that would mean no profits for russia, and would likely lead to a decrease in the extraction and relocation of resources. that washington is not impressed 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 shore site, a 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 on 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. the 8th 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 cottage at the u. e. 160000000 barrels. decrease 526000000. you cuz my russia and saudi arabia each. i'm just going to tell you that the white house officials are being quoted on argue bill, actually stenographer. the u. s. media has same quote. disappointed by the short sighted decision, basically from saudi you, a rusher, other members of opec, and a kind of threat. some way to argue that by the administration,
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according to these anonymous source has been graded on us, i was will consult congress in addition to was already reduced opec control over energy prices. it is a balancing game, but then again, the international, the strategic, sorry, no international. we american strategic petroleum reserve, the united states before this decision, we're looking like they were back in the 1980s when arguably they could order the u . a in saudi arabia. more washington. good. 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 well countries. but many roman j does even in the washing belt, we're having to admit it changed times and of course, looking towards it, even though not reporting on it. the sam again, shang i cooperation, organization meeting, let alone what's going to be happening in brazil later this month. and the bab
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selection of lula and the expansion of bricks. the u. s. national debt sat and he won't reco of 2031 trillion dollars. that's more than double the debt that the 2nd biggest bar was china. the us economy is facing for to year high inflation . in response, the federal reserve has been increasing interest rates, which are expected to hit the highest level since 2007. the policy also led to a surge of the us dollar value, sparking a warning from the un and the face of a global recession with the economy of developing nations to be especially vulnerable. but you and say there's more than one way to lower inflation rates. market surveillance authorities could be mandated to intervene directly in exchange trading on an occasional basis by buying or selling derivatives contracts with a view to vote in price collapses or deflating. price bubbles. this bond spiraling
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debt on the homefront, washington isn't showing away from coughing up even more cash in support for ukraine. the us has approved a total of some $54000000000.00 and military economic and humanitarian a key f. so far this year. on top of our job buys it, has approved a new book with another 12000000000 bucks worth of help to ukraine. geopolitical and market analysts, tom longo says there's a growing rift between the u. s. federal was and the white house. this very clear that the fed and congress and the white house odds where the fed as that is at odds with what the congress wants to do and what the white house wants to do. and i think that that's a very important points important. i've been making for about a year and a half now since last year, when the fed began, what i would call south tightening by, by adjusting every capital re called the reverse repo rate, which when they raised the 5 basis points above the funds, right, the, the nominal benchmark rate lending rate that caused a tremendous drain of liquidity or dollar of what it around the world since then,
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the reverse repo facility had about 450 $1000000000.00 parked in june 2021. today it's hit a high about $2450000.00 last week. and i think there's been a little bit of movement out of that in the last couple of days. but, you know, that's it. but the, the numbers are staggering. that that's all what you would call base money for the global economy. and. ready 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. and that is actually very stealthily trying to political pressure on washington to change the way it's been operating for the last, you know, since the 2008 by angel christ the connections between washington and the big tech companies are coming on to increasing scrutiny as a conservative legal group has food, the f, b i for failing to disclose the agencies ties to networks like facebook and
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censoring of some controversial content. art is caleb moping delves into the story? well the notion that big tack is very much colluding with the democratic party almost functioning as a wing of the democratic party has been around for quite some time. however, we now have this non profit going ahead the lawsuit against the api. i basically demanding that they make their records public disclose their relationship with the big tech companies. so the whole us public can know the truth about their relationship. the evidence is that during the 2020 presidential election campaign, the f. b, i conspired and combined with large corporations, including facebook, to sensor and suppressed the damning evidence of bite and family corruption and influence peddling, found on hunter biden's laptop. this was done to help joe biden and the democrats when the 2020 election, now arrogantly disregarding the law, the f, b. i, a stonewalling america. first legal efforts to expose the f,
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b. i. e mails detailing the trade craft behind this collusive attack on our elections and identifying the persons inside and outside of government who were responsible for it. 2 months ago, mark zuckerberg, the ceo of facebook, admitted on a podcast that he was approached by the u. s. security agencies and asked basically to suppress the unter biden laptop story, because they believed it was possibly or likely to be what they called russian dis information. this was that bombshell admission from mark zuckerberg. and basically the background here is the f b i, i think basically came to us some, some folks on our team. okay. just so you know, like you should be on high alert. there was the we, we thought 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,
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that's similar to that. so just be vigilant. now it's also important to note that 100 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 hunter biden's wrongdoings and his crimes. and it seems like they just weren't interested in getting the facts on hunter 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 is provided. we will follow up with you. we're definitely going to have them come in for a follow up interview or spend some more time on this. and i haven't heard from 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 songs. should i stay where should i go is being played in the twitter cafe. and it becomes apparent that a number of 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 the international community representative to maintain peace in both. there has box control the theme by changing national voting lose following
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a pivotal election to their won't us to you. i want to say why you went to the polling places, vote i took decisions to ensure that your vote will matter and your democratic vill shall be done. this is necessary, so ph can at once on its path to what's candidates to to us in the european during the high representative. kristin smith told sweeping power in the country as part of the peace deal that ended the bosnian war in the 19 ninety's. he set the changes to the voting that were meant to target certain state is the 2 sions that he denounced as dysfunctional. the u. s. on britain supported the move, but despite claims that it would facilitate the country's future expression to the e. u. the block itself did not appear ready to support the measures. smith,
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however, has adequately stood by his opinion on ties. 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 town that people have lost their lives. and we are not to you just to make political games. and in this country, people make appointment to get people. but the politicians and i am rid of this, this was the decision of the high representative alone. the executive powers of the high representative should be you solely as a measure of last resort against irreparable unlawful acts. we were astonished that on election day, the high representative for bosnia imposed significant further changes to the constitution which undermines bosnia and herzegovina, democracy, and institutions. and particularly, the will of the citizens are made use of their democratic rights. voters very clearly choose progressive over nationalistic politicians. yet schmidt provokes
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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 at the institute of european studies in belgrade at steve and engage save the international and for his actions. maint, bosnia protectorate state under western control. she made was problematic from day one because she is a high representative that was not elected by the security council since both russia and china were against him. which means that he is illegally holding this office. this office and on the other hand, is also problematic by itself. because this makes bosnia protector of the not really a sovereign states. i think that the assessment of russia is correct. but of course,
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you know, nothing will definitely change. i believe, until to some kind of a new arrangement for the country. for political west was always calling the shots in the environment. busy busy of the war in the east of europe, but they are probably trying to show their now let's say for employee validity 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 is 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,
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they are acting in the interest of their people. it's a simple equation. you don't have to be a marxist or radical or socialist, shall 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 great a right the we do. that would be it as you cross it. there weren't any energy. there is an abundance of energy. 50 percent of our energy is produced in our waters . the problem is, who owns the energy? the rich only energy, and we're gonna have to subsidize their profits. under anyone tell you that there's subsidizing us, we pay tax to support our people. not to subsidize the rich. i
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only men and women are going to understand. we are in the middle of a struggle now, a 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 amid outrage among the public. then it would have lifted a limit on bank because bonuses and introduced welfare cuts in another round of austerity. that has come to be closely associated with the prime minister's conservative party. early this week, more than 3000 people to, to the streets and birmingham to disrupt the conservative party conference where trust and other tory leaders were expected to speak the crowd brandish the anti war . banners were calling out the rich for making people bear the brunt of the economic, french journalist and former labor party member. roger mackenzie says britain's 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 antique ho alicia, and i'm of like 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, i'm simply look after themselves and to look after each other and expects and working people the working class just to survive. barely survive, and frankly that on him care whether we survive or not. sorry, kaufman felt that they could. and somehow m channel money away from working people towards towards their mates than to richard from the conservative party people. and it's cheap. if they can see that. am they can see a government bur am,
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is not allowing protest it's, it's completely an array just to thank that working people are gonna accept the current situation and that we're in there can see right through this governance. and i understand, and that this government is governance of the rich by the rich for the rich, and that we need to bells and working class movements. and they can stand up to them. when you, thanks for keeping us company here on our tea international as always you can find plenty more of the latest news stories on our website r t dot com. and don't forget to follow us on our telegram channels too. ah ah ah ah ah
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ah ah ah ah ah ah ah ah
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ah ah, ah ah ah, the 1st time in history, an entire country's culture has been canceled to the very modern weapon. cancel culture. daily data will sheffield my life, so when will you get just me sitting there with the phrase now, particularly for us to counseling russian culture yet them know what secrets of she was because it's convenient, my sure which will be all there is children that go with that most of the summer h m e w. what russia is created over the past 1500 years?
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there's no question. partially condemned, reviled and rejected. a bill of bramble, there's a lot closer on a whole bunch. anytime i guess it'll show all the list. joining total condemnation, gross daily, and now enclosed our staff skate to cascade shostakovich that i need to you a quick tour left but yeah, she says that what the time will you do? obama lee? you're not gonna do that a a with
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ah ah hello and welcome to cross stock where all things are considered. i'm peter lavelle . nato faces a dilemma member countries are divided on how to proceed regarding ukraine. 9 countries want membership for ukraine immediately. 21 member countries disagree. then there is the issue of what exactly ukraine is today. is nato willing to liberate the regions that are joining russia? ah
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cross sucking nato's dilemma. i'm joined by my guest, jo, laurie in washington. he's the editor in chief of consortium news now. come in new york. we have margaret kimberly. she is executive editor of black agenda report and in lake jackson, we have daniel mcadams. he's the executive director of the ron hall institute for peace and prosperity. right. cross accruals and effect folks, that means you can jump anytime you want. and i always appreciate, daniel, let me go to you 1st in lake jackson with the of, if you agree or disagree of the 4 regions of ukraine or are about to officially be brought into the russian federation. now considering that nato is at war with russia, but it was a, with the session of these regions. the script has been flipped, so they're not depending ukraine's borders. they're trying to change rushes now. and then i want to talk about all of this very dangerous hawk about nuclear weapons . go ahead, daniel. yeah, i think what we're putting, practicing here is, is maneuver warfare. and obviously there are plenty of people who think there and
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put and said, i don't, i don't, nobody's thinking i can only observe what i've seen. but it seems to me as if the reason this was supposed to military operation, the beginning is the president did not realize that this would be a nato versus russia war as you correctly point out in your introduction, peter. so he's been able to scale up his response to nato's increasing involvement . the introduction of heavy weaponry, the introduction of direct targeting by nato. and i think that forced him to go to the next level, which is to agree to something that he had disagreed with 1st quite some time. remember these republics, or at least some of them, the best ones to join russia back in 2014 and put and was not interested in doing it that time as forced him. i would say it's led him to make this conclusion that to establish facts on the ground is the only way to respond to the fact that nato itself is a war with russia. hence the sort of the beginning of partial mobilization and the end of any pretence that.


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