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a stake in some joint project in china. either in transporting gas or industry being it should do it but if your all that is surely interesting but it definitely requires expert assessment to exclude. you mentioned transportation tronson aft head mr talkative has taken part in the visit is infrastructure already ready to start delivery since six months or is there still a work that needs to be done. we certainly need to do the preparing to rework premier li we need to grieve on the roots and the prices construction itself won't take long judging from experience building in oil pipeline from russia you know to china's east coast pipeline that stretches three kilometers across russian territory and another nine hundred kilometers across china the corporations involved in the project including this a talker is trying to manage to build this pipeline within a very short period of time modern technology and its capabilities make pipeline construction operation even when the hearing is s. challenging as it is in the. territory. l
a stake in some joint project in china. either in transporting gas or industry being it should do it but if your all that is surely interesting but it definitely requires expert assessment to exclude. you mentioned transportation tronson aft head mr talkative has taken part in the visit is infrastructure already ready to start delivery since six months or is there still a work that needs to be done. we certainly need to do the preparing to rework premier li we need to grieve on the roots and...
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gas pipeline gas exports in china mean new opportunities precious trade with east asia china is the biggest market but it's not the only one in the region. china in turn does one russian gas which because it has in under supply of energy it is the regions of china that are meant to receive russian gas do suffer considerable shortage is energy resources. if this goes for sides china is pursuing a shift to environmentally friendly energy sources as a vital part of the economic strategy so we have a buyer who wants to buy and a seller discourse to sell. for a negotiated price the parties will end up with i understand you'd like me to give you a specific rate in dollars per thousand cubic meters but i have no answer. in principle we keep telling our chinese friends their russia wants its downstream markets to be equally rewarding. that is willing to sell or gas to asian customers including china at no lower price than what we charge from europe. or after all which has been a customer for decades here to let me rephrase my question as far as i understand you just confirmed that this new x. for t
gas pipeline gas exports in china mean new opportunities precious trade with east asia china is the biggest market but it's not the only one in the region. china in turn does one russian gas which because it has in under supply of energy it is the regions of china that are meant to receive russian gas do suffer considerable shortage is energy resources. if this goes for sides china is pursuing a shift to environmentally friendly energy sources as a vital part of the economic strategy so we have...
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double veto from russia and china at the u.n. as they block the use of force against the syrian regime while heavy border clashes in the country continue to rage. angry crowds are met with rubber bullets and tear gas and strain as the public events frustration at the country's policy of more cars and return for bank rescue by the e.u. . also name and blame israel now accuses iran's ally hezbollah attacking israeli tourists in bulgaria and killing six people. oh and welcome to our t.v. this friday with me karen terror well the un security council has agreed to disagree on syria russia and china have vetoed another attempt by western states to push a resolution threatening sanctions and use of force against the assad regime now the extension of the u.n. observer mission in syria is at stake and marine important i reports. russia has said for from the get go that he would not support any resolutions on syria that would include the potential of sanctions being imposed or even military intervention this western backed resolution that
double veto from russia and china at the u.n. as they block the use of force against the syrian regime while heavy border clashes in the country continue to rage. angry crowds are met with rubber bullets and tear gas and strain as the public events frustration at the country's policy of more cars and return for bank rescue by the e.u. . also name and blame israel now accuses iran's ally hezbollah attacking israeli tourists in bulgaria and killing six people. oh and welcome to our t.v. this...
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has gone way too easy on china he thinks china is developing technologically financially and that we're giving them the green light to do so so i did speak to him though a little bit about this change this potential change with latin america here's what he said. in the any lunatic and gangster that runs his country with an iron hand can get a deal with china and you know you've got hugo chavez down in venezuela who's trying to destroy democratic government inch by inch and it was best friends of fidel castro who long ago destroyed democracy and his country. was trying to become the best friend of all all of the gangsters some people say that's just doing good business not imposing moral standards on other countries just saying you know what if i can make some money from you i'm going to help you there's some people believe and. i don't think that and that does reflect some american businessmen as well as other kind of person i am and i don't think that's the kind of person most americans are. so as i also talk to the congressman about the issue of trade certainly a lot of people in this
has gone way too easy on china he thinks china is developing technologically financially and that we're giving them the green light to do so so i did speak to him though a little bit about this change this potential change with latin america here's what he said. in the any lunatic and gangster that runs his country with an iron hand can get a deal with china and you know you've got hugo chavez down in venezuela who's trying to destroy democratic government inch by inch and it was best friends...
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double veto from russia and china at the u.n. as they block the use of force against the syrian regime heavy border clashes in the country continue to rage. on here in damascus ought to crew has managed to get into the city neighborhoods where the clashes between the army and rebels have been continuing full five diets we saw just ahead. angry crowds are met with rubber bullets and tear gas in spain as the public events frustration applique countries policy of more costs in return for bank rescue by the e.u. . and here are also investors turned soup pessimism as crude prices fall off a nine week old business and twenty three that's. also name and blame israel now accuses iran's ally has a block of attacking israeli tourists in bulgaria and killing six people. hello and thank you for joining r.t. it is eleven o'clock here in moscow i'm karen tara well the u.n. security council has agreed to disagree on syria russia and china have vetoed another attempt by western states to push a resolution threatening sanctions and use of force a
double veto from russia and china at the u.n. as they block the use of force against the syrian regime heavy border clashes in the country continue to rage. on here in damascus ought to crew has managed to get into the city neighborhoods where the clashes between the army and rebels have been continuing full five diets we saw just ahead. angry crowds are met with rubber bullets and tear gas in spain as the public events frustration applique countries policy of more costs in return for bank...
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government's debt and also has been driving global growth i want to talk about china because i know we i've heard you talk about china i want to differentiate here between your short and long term view because you've said before long term it's easy to say china will continue to grow but like america and the eighteen hundreds there will be bumps along the road america had recessions america had financial crises wars a depression so what's your short term outlook for china because there are a number of prominent china bears out there maybe they're some of your bear friends you mentioned like jim cheney i was in hugh hundred who point to the fact maybe the greatest credit investment boom the world has seen. were led to me. a difference between china and the us the us had the credit bubble built on consumption in other words the level on the household sector level government level went up dramatically to finance consumption in the case of china at least it financed investments in infrastructure in research and development and so forth and that is a key difference now if you have a capital
government's debt and also has been driving global growth i want to talk about china because i know we i've heard you talk about china i want to differentiate here between your short and long term view because you've said before long term it's easy to say china will continue to grow but like america and the eighteen hundreds there will be bumps along the road america had recessions america had financial crises wars a depression so what's your short term outlook for china because there are a...
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a difference between china and the u.s. the u.s. had the credit bubble built on consumption in other words the level on the household sector level government level went up dramatically to finance consumption in the case of china at least the finance investments in infrastructure in research and development and so forth and that is a key difference now if you have a capital spending bubble like in china the downturn can be very severe because you're running to overcome placidus that then if you're trained to money you produce even more over capacities and the fact is simply that if you look at reliable statistics say. which countries the largest export market for taiwan and south korea it's in there and if you look at exports from korea and taiwan that all for out year only year so that is quite reliable you look at electricity production in china that's up one percent a year on the year and so force and so on so those statistics would actually suggest that the chinese economy is much weaker than what the official statistics just it
a difference between china and the u.s. the u.s. had the credit bubble built on consumption in other words the level on the household sector level government level went up dramatically to finance consumption in the case of china at least the finance investments in infrastructure in research and development and so forth and that is a key difference now if you have a capital spending bubble like in china the downturn can be very severe because you're running to overcome placidus that then if...
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wants to contain china wants to encircle china and keep it subservient to us that this situation draws historic parallels with the cold war say experts many are still sure that the huge arms race in the one nine hundred sixty s. between the united states in the u.s.s.r. was washington stacked into some of the soviet economy. because. if you continue through. this. it's a stupid. it's been going on ever since the fifty's for the you would agree. to some reason the. historians agree the collapse of the u.s.s.r. was caused by many factors and the gulf between rich and poor as the economists tank was just one of them the question now is whether the asian giants going to continue growing their military muscle but not at the expense of their people's welfare of the wise there's a serious risk of growing political and social instability and. all of the reporting from beijing in china. time now for world news embrace this hour thousands of british airport border guards are set to walk out of their jobs on the eve of the olympic games in a dispute over pay even without the strike u.k. airports
wants to contain china wants to encircle china and keep it subservient to us that this situation draws historic parallels with the cold war say experts many are still sure that the huge arms race in the one nine hundred sixty s. between the united states in the u.s.s.r. was washington stacked into some of the soviet economy. because. if you continue through. this. it's a stupid. it's been going on ever since the fifty's for the you would agree. to some reason the. historians agree the collapse...
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every nation represented here directly and urgently makes it clear that russia and china will pay a price u.s. secretary of state takes those shot at moscow and beijing claiming that the two are supporting as the u.s. spearhead a pro-rebel gathering. we were told that there's just a gleam from the month ago as you can hear nothing from here clashes though continue a firsthand account from the heart of the syrian uprising in our team goes to homes the scene of the fiercest fighting in the war torn country. the pentagon why guantanamo bay out for a multimillion dollar overhaul its critics say the promise closure of the scandal ridden facility ever more on likely. and russian lawmakers review a draft bill to name noncommercial groups funded from abroad as foreign agents and of opposition parties say could be used to crackdown on activists. it's five pm in moscow this is r t coming to you live on money so now a with our top story america's chief diplomat is threatening russia and china with consequences for what she sees as siding with the regime in syria hillary clinton was speaking at the p
every nation represented here directly and urgently makes it clear that russia and china will pay a price u.s. secretary of state takes those shot at moscow and beijing claiming that the two are supporting as the u.s. spearhead a pro-rebel gathering. we were told that there's just a gleam from the month ago as you can hear nothing from here clashes though continue a firsthand account from the heart of the syrian uprising in our team goes to homes the scene of the fiercest fighting in the war...
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every nation represented here directly and urgently makes it clear that russia and china will pay a price the us secretary of state takes a shot at moscow and beijing claiming that the two are supporting also good as the us spearheads a pro rata on gathering. we were told that this district was cleaned the month ago but as you can hear. from here questions still continue. a firsthand account from the heart of the syrian uprising in our team goes to homes the scene of the fiercest fighting in the war torn country. was the pentagon minds kuantan a mowbray out for a multi-million dollar overhaul that's critics say the promise closure of the scandal ridden facility seems ever more unlikely. and russian lawmakers review a draft bill to name noncommercial groups funded from abroad as foreign agents a move opposition parties say could be used to crack down on activists. from our studios in central moscow you're watching r t with me and you so now it's good to have you with us four pm here in the russian capital now america's chief diplomat is threatening russia and china with consequences for wh
every nation represented here directly and urgently makes it clear that russia and china will pay a price the us secretary of state takes a shot at moscow and beijing claiming that the two are supporting also good as the us spearheads a pro rata on gathering. we were told that this district was cleaned the month ago but as you can hear. from here questions still continue. a firsthand account from the heart of the syrian uprising in our team goes to homes the scene of the fiercest fighting in...
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well i think yes they're worried about china but china's activities are mainly commercial and that really shouldn't threaten anybody because frankly when the chinese government goes out and tries to develop well sources that aren't really commercially available it's just it's just a subsidy to all us consumers around the world so their state owned oil companies really don't operate necessarily on the market based principles so a lot of times that's what they're doing they're trying to lock up all these long term oil contracts but you know that really doesn't affect us security at all and i would challenge anybody to say that it does any economist will tell you that the supplies is reordering whatever i think you know in the in the larger context and what we measure people on the ground or whatever but the problem with the u.s. military is it has all these related bills all these relationships it gets everything ready to go and then it has a swing for a second send to anywhere and i think u.s. foreign policy has become very militarized across the board and just because you know if you don'
well i think yes they're worried about china but china's activities are mainly commercial and that really shouldn't threaten anybody because frankly when the chinese government goes out and tries to develop well sources that aren't really commercially available it's just it's just a subsidy to all us consumers around the world so their state owned oil companies really don't operate necessarily on the market based principles so a lot of times that's what they're doing they're trying to lock up...
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yeah i think that's particularly accurate for china then china really has reached a much more mature stage of its development process but a part capita income of around six thousand dollars it's a truly middle income country and especially when you make the exchange rate adjustments one devaluation and so it's very difficult for china to not grow at the pace it did for the last thirty years it's matured i don't think that's quite true for india i think india's problem is different india's per capita income is one four to that of china a city or entity india should be able to grow much quicker and it's good to profile does not have to sort of paper out as of yet it's like ten fifteen years if not more behind china but india's problem really is the fact that it's not been getting out in any meaningful economic reforms over the last decade or so and it benefited from this global liquidity we've and i spent that windfall which came from the high growth rates into sort of social spending and other government spending rather than doing anything constructive in terms of enhancing economic g
yeah i think that's particularly accurate for china then china really has reached a much more mature stage of its development process but a part capita income of around six thousand dollars it's a truly middle income country and especially when you make the exchange rate adjustments one devaluation and so it's very difficult for china to not grow at the pace it did for the last thirty years it's matured i don't think that's quite true for india i think india's problem is different india's per...
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reporting from beijing in china. time now for some more world news in brief for you this hour thousands a british airport border guards are set to walk out of their jobs on the eve of the olympic games in a dispute over pay even without the strike u.k. airports have been plagued by a long queues as they struggle to cope with the number of visitors a london games have already been hit by a number of embarrassing setbacks but the country forced to draft in thousands of soldiers after a private security firm failed to train enough staff. the u.s. house of representatives has approved a six hundred billion dollar bill for pentagon funding and wars next year the hotly debated bill has seen numerous protests from the democrat minority in the house they say it breaks a spending deal as its eight billion dollars above last year's budget caps the white house had earlier vowed to veto the bill in its current firm form. newly elected egyptian president mohamed morsi has held a historic meeting with hamas chief khalid michel it'
reporting from beijing in china. time now for some more world news in brief for you this hour thousands a british airport border guards are set to walk out of their jobs on the eve of the olympic games in a dispute over pay even without the strike u.k. airports have been plagued by a long queues as they struggle to cope with the number of visitors a london games have already been hit by a number of embarrassing setbacks but the country forced to draft in thousands of soldiers after a private...
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even under the chairman mao our rule in china. africa and china have similar histories in regard to the struggle against colonialism britain had colonized china during the last century and of course britain had numerous colonies on the african continent as well africa have been building from relations with china over the last decade in fact just two weeks ago there was a summit meeting held in beijing that was attended by fifty african states along with the top leadership of the chinese government and they have formed what is known as the form on china and africa relations and of course they are forming up. relationships between china and the africa region and you have to have a just quickly all. these relationships are developed at the expense all of china are exploiting africa for its raw materials but ignoring human rights corruption and democratic process is that's what the u.s. is concerned about do they have a point. no i don't think they have a point at all if you look at the actual history china africa relations is quite t
even under the chairman mao our rule in china. africa and china have similar histories in regard to the struggle against colonialism britain had colonized china during the last century and of course britain had numerous colonies on the african continent as well africa have been building from relations with china over the last decade in fact just two weeks ago there was a summit meeting held in beijing that was attended by fifty african states along with the top leadership of the chinese...
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a kind of it's kind of bringing iran and china together do you think europe might lose around to china i think one of the major themes in the quest is about how china has gone from being an oil export or not so many years ago to being the world's second largest oil importer and not of the economic consequences of that but the geopolitical consequences which you're talking about and i think in general what we're seeing is a situation where more and more of the oil for the middle east is going to flow east rather west because that's where the growth market is and something else that's very striking that's happened it just did not seem conceivable four years ago is the growth of production in the western hemisphere and that is a theme that is one of the dominant themes in the quest because it's this thing about unconventional oil u.s. oil production is up twenty five percent canadian oil production is increasing brazil's increasing and you start to see a world in which the western hemisphere in five or ten years will be more trading among itself and again what you're describing more of a
a kind of it's kind of bringing iran and china together do you think europe might lose around to china i think one of the major themes in the quest is about how china has gone from being an oil export or not so many years ago to being the world's second largest oil importer and not of the economic consequences of that but the geopolitical consequences which you're talking about and i think in general what we're seeing is a situation where more and more of the oil for the middle east is going to...
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not just china china and the shoes made in china every night in those uniforms made overseas but really why the shock almost everything is made in china these days why are they more concerned about everything else paying off shore it like jobs to talk more about team usa as a living champion dr john carlos john so great to have you on the show today so you were one of them a year ago the pride and joy of america our of our limbic athletes but do you think americans would be surprised to find out that some olympians were not even born in america well that will give you reason for a. certain look you know it's not going to work or that represent americans but what you have to this issue really nation remembers you know. you ever heard it was in jamaica and you were going to say go and logically recognition as you make into wrong when you look at games. jamaica. is many things that take place within their living rooms that the general public really don't have a clue as to what the mechanism is allowed to happen. like our guys talking about you know let's say you know academies you know bac
not just china china and the shoes made in china every night in those uniforms made overseas but really why the shock almost everything is made in china these days why are they more concerned about everything else paying off shore it like jobs to talk more about team usa as a living champion dr john carlos john so great to have you on the show today so you were one of them a year ago the pride and joy of america our of our limbic athletes but do you think americans would be surprised to find...
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china. sundresses ling and boxing also missing from nice swimming gymnastics you know all this kind of sports. it's good for us. i think often cause. a lot of new very young sportsmen so you can see the gymnasts us from khalid tim is very young you know. back up for a couple of new absolutely new training centers. late. and also the new center and in such a huge sport so i will hear a lot of new music very good more than sports centers that's how i could put them in good stead. for the moment is still moment between spain and italy in the final of the year pain championships in kiev again just ten minutes the final score who knows maybe extra time and an expletive he. well to the. point is the magic of transforming airplanes into jet trains dirty diesels into green rail dreams double down on profits by building up instead of out in the german swollen places east for the summer no jump here on r.g.p. we've got the censure. motion going to be soon which brightened.
china. sundresses ling and boxing also missing from nice swimming gymnastics you know all this kind of sports. it's good for us. i think often cause. a lot of new very young sportsmen so you can see the gymnasts us from khalid tim is very young you know. back up for a couple of new absolutely new training centers. late. and also the new center and in such a huge sport so i will hear a lot of new music very good more than sports centers that's how i could put them in good stead. for the moment...
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i moved on china's cooperation with africa is getting stronger and stronger china's president has even pledged a new level in african relations the country has already replaced the united states as a top trade on the confidence but beijing has been so successful it faces an african backlash that has done us all to experience. a ghost town in angola for whole four million people gleaming new headquarters for the african union and vols doubling sudan's electricity all built by choice no return for the continent's fabulous riches from half the world's diamonds to two thirds of its platinum mobile phones used the mineral called turn mined in congo in a decade china has overtaken the state as and africa's top trading partner taking a whopping ninety three billion dollars in goods stricken by did washington and brussels have taken their eye off the ball and the continent's leaders are hoping mad at the west continued colonial attitude china's intentions of different from europe as south africa's president europe still influences african countries for this sole benefit loans from beijing are
i moved on china's cooperation with africa is getting stronger and stronger china's president has even pledged a new level in african relations the country has already replaced the united states as a top trade on the confidence but beijing has been so successful it faces an african backlash that has done us all to experience. a ghost town in angola for whole four million people gleaming new headquarters for the african union and vols doubling sudan's electricity all built by choice no return...
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the author of the book dream team if this will be an epic battle between the east and the west and if china will rise to the task plus get ready for a food fight of epic proportions is being fried up and served on a silver platter by gay rights groups and now cities like boston and chicago are telling the food chain to stay away the details ahead. it's thursday july twenty sixth eight pm here in washington d.c. i'm liz wahl and you're watching r.t. all campaign season is in full swing and president obama now has six months to fulfill his election promises and he made a lot of them let's take a look at some of the big ones and now he's scored on his report card first one there by malia and sasha a dog done we give him in a credit card bill of rights accomplished that also given a there remove troops from iraq he gets an a minus he announced the end to the war but military contractors are still there the reform the health care system we gave him a grade of c. he tried but didn't get all the bells and whistles in that he promised get unemployment below four percent we gave him a d. it's more l
the author of the book dream team if this will be an epic battle between the east and the west and if china will rise to the task plus get ready for a food fight of epic proportions is being fried up and served on a silver platter by gay rights groups and now cities like boston and chicago are telling the food chain to stay away the details ahead. it's thursday july twenty sixth eight pm here in washington d.c. i'm liz wahl and you're watching r.t. all campaign season is in full swing and...
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resolution that would have slapped new sanctions on the syrian regime has been vetoed by russia and china unlike many mainstream outlets that report on syria's civil war from the comfort of other countries news rooms r.t. has been on the ground in syria covering the conflict firsthand riff and osha has more from them ask us. the news about blasts has come at a very tough time for the syrian capital in the last four days damascus has been seen for what the opposition and free syrian army have dubbed the final battle for damascus a decisive battle for the syrian capital shootings have been heard in very different parts of the syrian capital also seen black smoke drifting over the city skyline and we've also been hearing helicopters not only flying over one of the oldest continuously inhabited capitals in the world but also firing we can see some smoke even now in actually many different neighborhoods of damascus many countries have closed their embassies here in syria and have withdrawn all personnel in this neighborhood alone turkish embassy over the saudi embassy this is the building of a
resolution that would have slapped new sanctions on the syrian regime has been vetoed by russia and china unlike many mainstream outlets that report on syria's civil war from the comfort of other countries news rooms r.t. has been on the ground in syria covering the conflict firsthand riff and osha has more from them ask us. the news about blasts has come at a very tough time for the syrian capital in the last four days damascus has been seen for what the opposition and free syrian army have...
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china and the shoes made in china every night in those uniforms maybe. but really why the change why the shock almost everything is made in china these days why aren't they more concerned about everything else being off shored like jobs well i actually had a chance to speak with a limb big champion dr john carlos to talk about team usa and he gave me a behind the scenes view of the olympic games here's a short part of that interview. well out of that there would be. certain looking as in not born in america that represent america as well as we have citizenship of any nation to represent places you have to get with in jamaica and you have very good to say that you can go and gladly recognition as jamaican to run the olympic games live jamaica. is many things that take place within the liberal grounds that the general public really don't have a clue as to what the mechanism is to allow these things to happen. like our guest talking about the uniform of the lesser uniforms they get amazing back in the eighty's. dr carlos dr smith walk the walk and talk the
china and the shoes made in china every night in those uniforms maybe. but really why the change why the shock almost everything is made in china these days why aren't they more concerned about everything else being off shored like jobs well i actually had a chance to speak with a limb big champion dr john carlos to talk about team usa and he gave me a behind the scenes view of the olympic games here's a short part of that interview. well out of that there would be. certain looking as in not...
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now china's growth already used to be a dying always at our business desk so what's the story i had china's growing at the slowest in three years g.d.p. grew seven point six percent last quarter amazing by most standards but not by beijing's it blames the global crisis with cutting demand for its products the news polls more pressure on premier wen jiabao to pump more money into the economy and return to the twenty percent growth we've seen in previous years age is closing high on the back of that mining stocks australia for example we depend on chinese purchases did well the euro is near two years lows on the us dollar the high oil meanwhile has the ruble higher against both the euro and the greenback moving on if we can get. there we go the footsies half a cent higher this out at that point six percent higher this today for for the day can we move on to the next marketplace. here and. expose gaming to stay around one percent almost up to fourteen hundred points on friday. and it's only six so many stations they can no longer track the economy the head of state that is to say agency says t
now china's growth already used to be a dying always at our business desk so what's the story i had china's growing at the slowest in three years g.d.p. grew seven point six percent last quarter amazing by most standards but not by beijing's it blames the global crisis with cutting demand for its products the news polls more pressure on premier wen jiabao to pump more money into the economy and return to the twenty percent growth we've seen in previous years age is closing high on the back of...
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every nation represented here directly and urgently makes it clear that russia and china will pay a price. of steak takes a shot at moscow and beijing claiming that the two were supporting the soviet regime as the us spearhead so pro-rebel gathered. we were told that this district was cleaned from turkey months ago but as you can hear not far from here clashes took unclear a firsthand account from the hard syrian uprising and our team goes to homs to see the fierce fighting in the war torn country. and a pentagon line. for a multi-billion dollar overhaul is critics say the promised closure of the scandal ridden facility seems ever more unlikely. hello this is r t thanks for choosing us it's eleven pm now moscow time first of all america's chief diplomat threatening russia and china with consequences for what she sees as siding with the regime in syria hillary clinton was speaking at the paris conference of the syrian rebels key supporters more on this now from artie's people all over. well you heard it vitriolic address from u.s. secretary of state hillary clinton directing a threat towar
every nation represented here directly and urgently makes it clear that russia and china will pay a price. of steak takes a shot at moscow and beijing claiming that the two were supporting the soviet regime as the us spearhead so pro-rebel gathered. we were told that this district was cleaned from turkey months ago but as you can hear not far from here clashes took unclear a firsthand account from the hard syrian uprising and our team goes to homs to see the fierce fighting in the war torn...
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scott thought why china for a second report recent report suggested china's crude imports are plunging to december two thousand and eleven levels your thoughts yes in deede i think china is is. definitely the economic activity is going lower there. it's not just a matter of crude also imports like copper it's the difference between financial demand and demand for consumption and i think that what we've seen is the chinese are maybe pulling back from the consumption that they actually had i think probably will find looking back that their consumption began to decline the considerable time ago but it's maybe been hidden by financial consumption and the building of strategic reserves they've been building new tanks and installations like they're going to fashion the they stocking off again however they're looking to build literally hundreds of millions of barrels of reserves and they've been doing that and it's been i think hiding their consumption their actual physical consumption for refining right well you know that would be a big plus on the demand side and i just want to get back to
scott thought why china for a second report recent report suggested china's crude imports are plunging to december two thousand and eleven levels your thoughts yes in deede i think china is is. definitely the economic activity is going lower there. it's not just a matter of crude also imports like copper it's the difference between financial demand and demand for consumption and i think that what we've seen is the chinese are maybe pulling back from the consumption that they actually had i...
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top stories now russia and china have vetoed another western backed resolution at the u.n. security council which threatened syria with new sanctions and could have paved the way for military intervention moscow says the drive against assad is ultimately and aimed at taking down iran. israeli prime minister benjamin netanyahu extends his blame list to include lebanon saying both iran and hezbollah behind the blast in bulgaria that left at least seven people dead. the accusations. about that move on to the next story and british intelligence mimics the very hackers it's fighting against with the country's security committee calling for the launch of covert operations aimed at attacking side criminals. well out to bring us up to date for the moment i'll be back with a news team with more on those stories for in half an hour from now in the meantime we join max kaiser and stacey habit for the latest updates from the front line of what they call a financial. it maher snort meat commom snip it yes i'm speaking early and because news is that aliens are patrolling various location
top stories now russia and china have vetoed another western backed resolution at the u.n. security council which threatened syria with new sanctions and could have paved the way for military intervention moscow says the drive against assad is ultimately and aimed at taking down iran. israeli prime minister benjamin netanyahu extends his blame list to include lebanon saying both iran and hezbollah behind the blast in bulgaria that left at least seven people dead. the accusations. about that...
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every nation represented here directly and urgently makes it clear that russia and china will pay a price. breaking news this hour here on our t.v. u.s. secretary of state hillary clinton has once again lashed out at russia's support for the ouster of regime at a friends of syria meeting in paris that's despite washington's commitment to an international agreement placing blame on both sides of the conflict. meanwhile wiki leaks promised to shed new light on the syrian conflict as the group begins to release millions of emails claiming the material is damning not only from damascus but also the west. also washington plans to invest millions to upgrade torrijos kuantan a mowbray's to move suggesting the shop down of the detention facility once promised by barack obama can still a far cry. and roll into of germany responsible for. a hundred and seventy two because of its right to an open letter to the more in the business of twenty. five from our studios in central moscow you're watching r t two pm here in the russian capital i want to get straight to our breaking news this hour and u.s. se
every nation represented here directly and urgently makes it clear that russia and china will pay a price. breaking news this hour here on our t.v. u.s. secretary of state hillary clinton has once again lashed out at russia's support for the ouster of regime at a friends of syria meeting in paris that's despite washington's commitment to an international agreement placing blame on both sides of the conflict. meanwhile wiki leaks promised to shed new light on the syrian conflict as the group...
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with a heavy focus on travelers from brazil china and india visitors from all three emerging economies contributed a reported fifteen billion dollars to the u.s. in two thousand and ten part of what's going on in the united states is americans don't have any money anymore and they can't afford to go on vacation and part of what you're seeing is them looking to replace the weak pushed out american middle class with folks from other parts the world where the economy is going better and wages are growing in an effort to lure the big spenders the white house has made it easier and quicker for more chinese and brazilian citizens to obtain tourist visas before brand usa came brand big apple new york city america's top tourist destination attracted more than fifty million visitors last year now while the weak u.s. dollar has been a burdett for the buying power of u.s. citizens customers armed with a stronger currency kept in is moving and prices from dropping the international visitor are they're great shoppers and they spend a tremendous amount of money there brazilians spend a tremendous am
with a heavy focus on travelers from brazil china and india visitors from all three emerging economies contributed a reported fifteen billion dollars to the u.s. in two thousand and ten part of what's going on in the united states is americans don't have any money anymore and they can't afford to go on vacation and part of what you're seeing is them looking to replace the weak pushed out american middle class with folks from other parts the world where the economy is going better and wages are...
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and staying with the banking sector china's banks became the most profitable lenders last year that's according to the banker magazine the magazine says the chinese lenders accounted for almost a third of the total profit in two thousand and eleven that's compared to just four percent five years ago analysts say china's banks are breathing in the next of the struggling european peers eating into their market share euro zone banks accounted for forty six percent of the global profit in two thousand and seven that figure dropped to just six percent last year now on to the currency market and what we're seeing there is that euro is not managing to sustain that rally we saw last friday the euro is shedding value against the dollar and the russian ruble is losing to both the dollar figure oh and more on the energy sector b.p. has given up on the idea of joining nord stream. into europe gazprom said the british company is interested in extending than one stream pipeline to britain but congress on daily reports the russian shareholders of t n t b.p. insist the moose would be done only throug
and staying with the banking sector china's banks became the most profitable lenders last year that's according to the banker magazine the magazine says the chinese lenders accounted for almost a third of the total profit in two thousand and eleven that's compared to just four percent five years ago analysts say china's banks are breathing in the next of the struggling european peers eating into their market share euro zone banks accounted for forty six percent of the global profit in two...
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athletes will be wearing for the games here they are although all of them were actually made in china very smart though it caused a stir in the u.s. congress what could the problem be one senator is so flustered about it he suggested burning the suit so let's bring into the conversation where is benedict good food and where is that former executive director of the libertarian party on the line from louisiana now this america doesn't seem very sporting or in the olympic spirit which let's remind ourselves is all about peaceful competition without politics or racism among other things it seems china which is america's number one rival for metals has already won up before the starting gun is even been fired is that what's winding americans up i'm sure there's more to it there is that what do you think. well i think it's a shame that american politicians want to complain about uniforms that are made in china first of all. american athletes are going to do great and they're going to look great in those uniforms made by ralph lauren and china there's two big problems with with why this you
athletes will be wearing for the games here they are although all of them were actually made in china very smart though it caused a stir in the u.s. congress what could the problem be one senator is so flustered about it he suggested burning the suit so let's bring into the conversation where is benedict good food and where is that former executive director of the libertarian party on the line from louisiana now this america doesn't seem very sporting or in the olympic spirit which let's remind...
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said that he's pledged a new relation in africa with the continent and basically we know that china has already replaced the united states as. in africa and artie's daniel bushell looked into how patient became so successful so successful in fact that it might face a backlash from africa. ghost town in angola of a hole for a million people gleaming new headquarters for the african union and vols dans doubling sudan's electricity all built by choice in return for the continent's fabulous riches from half the world's diamonds to two thirds of its platinum mobile phones use the mineral content mined in congo in a decade china has overtaken the state as africa's top trading partner taking a whopping ninety three billion dollars in goods stricken by debts washington and brussels have taken their eye off the ball and the continent's leaders are hoping mad at the west's continued colonial attitude china's intentions are different from europe as south africa's president europe still influences african countries for this sole benefit loans from beijing are also cheaper and come without lectu
said that he's pledged a new relation in africa with the continent and basically we know that china has already replaced the united states as. in africa and artie's daniel bushell looked into how patient became so successful so successful in fact that it might face a backlash from africa. ghost town in angola of a hole for a million people gleaming new headquarters for the african union and vols dans doubling sudan's electricity all built by choice in return for the continent's fabulous riches...
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secretary of state hillary clinton slamming russia and china over the syrian crisis of course now but we just now say that he thinks hillary clinton is insane let's see how the numbers are not for this hour so far the majority believing the move points to the frustration of the west over their hump of the military drive now fifteen percent for the suring ensure that it undermines the geneva peace accord preventing any joint progress and i was just under fourteen percent thinking the harsh rhetoric was aimed at securing more public support at a time of election for president obama now down to less than a tenth of you of the opinion the words have a point they think that russia and china are stalling the peace effort you can log onto our website right now and cost you fight. well you can find this. much much more on the line including fiery spotted in the sky over the us and europe the u.f.o.'s were seen flying in the night sky by people on two continents almost similar tenuously plenty more of this phenomena online. but israel slams the door on the un banning officials from entering th
secretary of state hillary clinton slamming russia and china over the syrian crisis of course now but we just now say that he thinks hillary clinton is insane let's see how the numbers are not for this hour so far the majority believing the move points to the frustration of the west over their hump of the military drive now fifteen percent for the suring ensure that it undermines the geneva peace accord preventing any joint progress and i was just under fourteen percent thinking the harsh...
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and with iraq that's a worry that continues to hang over the markets and that's an external threat china what's going on i don't think i think we're getting policy action from the government it's going to support an acceleration in growth in china in the second half. i'm not so optimistic maybe for the second half yes but for twenty thirteen let's see what the new administration does i think the room for maneuver is much more limited too much investment in things that may not be productive so let's see china is a concern for me ok. august traditionally is kind of a jittery month for rush right ok and we go through all the years that you know many of them but you know a lot of people are saying you know is the government prepared enough if there is an external shock we'll talk about the eurozone in a second i think they're more prepared than last time they learnt a lot through the crisis last time around i think we know if there's a big shock they're going to i think basically take a bet on saudi they're going to use the oil fund to support budget spending to let the ruble move and they h
and with iraq that's a worry that continues to hang over the markets and that's an external threat china what's going on i don't think i think we're getting policy action from the government it's going to support an acceleration in growth in china in the second half. i'm not so optimistic maybe for the second half yes but for twenty thirteen let's see what the new administration does i think the room for maneuver is much more limited too much investment in things that may not be productive so...