Hello good afternoon just gone for a clock here in moscow you with r. T. International now after wall street suffered its 1st automatic holton trading in more than 2 decades with stocks falling nearly 8 percent World Markets do seem to be slowly recovering today was the biggest collapse in the old price since the ninetys and was triggered by saudi arabia stepping up its price war and in the u. S. The dow plunged more than 2000 points the worst one day point drop ever prompted by Oil Price War that stunned markets around the world we had a huge market event yesterday as a lot of investors repriced out all the shock the crash restart markets the no 2000 point swing on the dow since the scene for what happens today Business News now starting with the crude oil markets as they try to bounce back from their worst day since 100921. Well prices plunged 30 percent of what has been dubbed black monday in the biggest single day for since the 1st iraq war it was sparked by a spat between top crude supplies riyadh and moscow who couldnt agree on a on a deal on production saudi arabia says it is slashing gold prices to grab market share from russia it follows russias refused last week to back an opaque plan to cut Oil Production to bolster its price moscow believing though that would only benefits high cost producers in the u. S. Does a result or prices them plunged along with the markets although they have as we said bandied slightly down quarter as more just than we thought black monday was bad enough things have actually gotten quite worse we saw a huge dive by the Moscow Exchange index and the entire the index for the entire trading system of russia has fallen nearly 13 percent its really it seems like an economic bloodbath really and we heard from the spokesman of the Moscow Exchange earlier talking about it. We see sharons fooling prices changing every 2nd top Russian Companies also down and specifically the ruble fooling against the dollar but the slide of the ruble has slowed since the stock market opened now all this has obviously had a very negative effect on the ruble its seen its biggest decline in value since 2016 but the finance ministry is saying that it has this situation under control and it wants it wont fail to carry out its budgetary obligations moscow also believes its got enough reserves to wait out this crisis to the end and come out in one piece on the other side today we heard the kremlins game plan. The Russian Economy Development ministry plans to change the system of management of state Capital Investments i mean volatility on external markets a vast number of investment projects have been withdrawn from the pact of market fluctuations. The president has repeatedly said that the russian economy has the needed safety margin to absorb this temporary instability amid Global Markets is turbulence and volatility algeria and france are already calling on saudi arabia to better coordinate with the International Community on influencing these oil prices now as of now the next meeting between opec and russia is scheduled for march 18th so hopefully theyll be able to save their 3 year long streak of cooperation and prevent a deeper economic crisis from unfolding but analysts we spoke to did say the saudi arabia is playing a losing game. And observer markets could see this coming the credit bubble blowing up again this is part syria of the 2008 financial crisis you know it turns out russia has the best hair at that you know a lot of coal oil going you know russias cost of energy is about 7. 00 a barrel yang saudi arabia is close to 3. 00 a barrel but russia has got no debt and theyve been buying goal meanwhile in usa and america their cost is closer to 50. 00 this will be the complete this arrangement of the american shale industry its out of your arabia and america are in really that position that this International Oil kolker game and i think russias all the 3 aces the Current Situation clearly the saudis are to blame they have taken a move whose only benefits the only potential advantage in the general strategic mikey of alien terms is the surprise taddeo arabia vastly increased production to create a huge price drop and with potential for further price drops were talking something some analysts fear prices could go as low as 23. 00 a barrel which would be levels of the early ninetys and this move was solely. Precipitated by saudi arabia simply because the russians did not go along with the previous proposal when in fact there was room for further negotiation what prince wants to achieve with this remains unclear because his Oil Production increase is also compromises the saudi states ability to fulfill its welfare function and therefore to keep domestic stability. Now is the spread of the corona virus continues to infect the markets his lease responded to the outbreak by banning public gatherings with more than 9000. 00 infections more than 1500. 00 a monday alone the countrys the 2nd worst affected after china the number of deaths has risen in recent days to more than 460 people quit i am a bird to send a decree that we can sum up with the expression day of homes there will no longer be a red zone there will no longer be a zone one or a zone 2 on our peninsula there will be at leigh that it is a protected zone. Amid the latest restrictions uprisings broke out in a number of jails prisoners took over joan belong yes setting it on fire in milan inmates were filmed on the rooftop there burning items and shouting freedom and 60 trainees died in clashes in the Northern City of medina while in sicily relatives of prisoners gathered near a jail concerned that prisoners could be infected by the coronavirus prisons reportedly and get the new rules too which have seen a suspension of family visits. So while this coronavirus has been raging for almost 3 months he spoke about everything except the prisoners this is unfair because in this building they dont even have mad right now an ambulance has just gone in and we have no idea why one of the ministers to be prompted all this people have sentences of less than 5 years have to be treated with different measures at home. We discussed the prison protests there as well as easily and europes response to the Coronavirus Crisis with the political analysts part of a phony he believes the efforts of so far for him short. Definitely there are in the prison those interests but of course this is used to to outcries with the christians and try to get the permissions to return home at least dont really so this is quite disturbing events measures to be increased in the prisons because of course the inmates are very close to each other the possibility oh. The bottoms means there but i mean all this out crossing is. Not actually not just definitely. This is a bit of far mismatch in the provisions that the doctor says but on the other hand they say that means italy is a democratic country and there are a number of interests to be taken into account the e. U. Has confidences and can intervene above the Member States but even in this case because passage of the e. U. To intervene in this emergency as being very vague. Calling just the sort of solidarity among states which has not been seen. The top Publishing Agency hatchett has cancelled the biography by the film director woody allen of a child sex abuse allegations the decision cane for employees of the publisher walked out over the planned book woody allen has repeatedly denied all the allegations against him our correspondent martin has more on the story. There of the me too it seems that Book Publishers in the United States are becoming book burners that after hatchet decided to torch the auto biography of the u. S. Comedy icon and filmmaker woody allen the decision to cancel mr allens book was difficult one we take our relationships with all serious very seriously until now. Book slightly now hatchet has previously published a book by a serial killer they have no problem with controversial authors however after their own employees staged a walkout they caved so whats the issue at hand allegations that woody allen molested his daughter and alan has denied these allegations for decades backing this up is ronan farrow woody allen 8 son who happens to also be a me too pioneer and a nother client of hatchet. I was disappointed to learn through press reports that hatchett my publisher acquired woody allens memoir off to other major publishers refused to do so do not function the woody allen book my sister has never been contacted to respond to any denial or mischaracterization of the abuse she suffered at the hands of. Now there have been 2 criminal investigations into woody allen and no charges have been brought against him but over the course of 2 decades he has received 8 Oscar Nominations as well as one of those prestigious gold statues well the me too movement has taken the shine off of his success now some celebrities at this point are worried that cancel culture has gone a little bit too far the hatchett decision to drop the what do you know and book makes me very uneasy its not him i dont give a damn about mr allen its who gets muzzled next that worries me im always afraid when the mob however small and well read exercise its power without any count ability process or address the tritons me much more than the prospect of woody allen so to biography he did the bookstores woody allen is not the only celebrity to have recently been cancelled lets find out what new yorkers think about this new climate i wouldnt have pulled it if i was them because so many other artists have done so many other crazy things and they saw things published so there may have been a tremendous amount of pressure to be politically correct whatever that means now a days social media is definitely. A place where things to have a style get a lot of the same time those allegations can also become true questions continue to be raised about what cancel culture really means and how far it should be permitted to go up and r. T. New york well artys editor in chief Margarita Simonyan has proposed helping to publish the filmmakers but by saying it is a question of freedom of speech the. U. K. Army veterans from the commonwealth and International Association of states from any part of the British Empire have. Besides what they call the grave injustice that they could be deported and paste from the Ruling Conservative Party now calling on the government to help former Service Members with the complex and also costly procedures to stay in the country. Its hard to imagine people more entitle to live in our islands than those who are forced to defend them we need to look hard at these cases and ensure we support those who should have been able to stay all alone this does seem wrong i hope the home office will rectify this quickly and save these former british soldiers from the trauma of Court Proceedings and further delay and the home office rules commonwealth that friends who have served at least 4 years in the u. K. Armed forces can apply for indefinite leave to remain also known as settlement however many cant afford the procedures which can cost thousands of pounds and those who dont apply could be forced to leave britain a veteran told us that their treatment by the government is appalling. We should not be in these are the 1000000 applications today or more many additional troops. And it didnt really used to mean refusing me all over. The armed forces from the carrier army it refused me from working in going in which night now i have. Only one you see i mean theres room. For them and out of that. I mean theres room. To do is mean there remain as. Well the wife of a british soldier from south africa has started an online petition to make lifelong stay in the u. K. Free for all commonwealth veterans she shared her reaction to the story. They have so somehow queen and country they have fought for our queen country i mean my husband a lot of nice hes done 2 tours hes wall streets done do not after a terrorist attack dont take taxis theyre not entitled to any benefits or anything like that why we charge is such a ridiculous amount of money for them to remain in the u. K. After death done everything thats done we lived life how to children and then it was come to redundancies and i was a big dad so i said oh ok we need to start making sure we put money aside and the face just kept going up and up every year every day when they go up their risk my husband and said but its a subclass of her and me having to explain to my 2 Young Children if anything happened to him jennys army career i think that they need to reevaluate the costs. Now there has been a significant irregularities in democratic primary voting including close to relocated polling stations and also extremely long as according to the league of united latin american citizens we got the views of independent you cite the gray zone he said that the organization for american states should maybe take a look at the claims. The u. S. Must send an emergency Election Monitoring Team to the United States to ensure independent scrutiny of a president ial primary that has been marred by clearly regularities and this is an highly discriminatory obstruction of citizens right to vote in the United States what we actually have witnessed are major discrepancies between exit polling data in the democratic 2020 primary and the final computer count which is being conducted in a very opaque fashion weve seen in minority and poor communities people having to wait in line for 5 hours just to vote in the state of texas 750 polling places have been removed since 2012 that means there is one polling place for every 7700. 00 people and this is particularly an acute problem in latino and africanamerican areas why are there no election monitors in the u. S. Why does the oas only send election monitors to places like bolivia to falsely allege fraud and trigger military coups if texas or New Hampshire or South Carolina were socialist latin american countries the cia through the oas would have already installed a stick right wing government like that of janine anya is today in bolivia well hey no tell you but the yes to the keys believe this government of irregularities in counting we did lead to even though it all is stepping down after being told to by his military however a new top level u. S. Study has found that no has found no evidence of such fraud on the form of the libyan leader he was not input its going to saddam in argentina says that the u. S. Stole the elections. Last year we won in the 1st round now researchers and scientists are demonstrating that there was no fraud on october 20. 5th and lets not have any fear of dictatorship brothers and sisters we are going to defeat the dictatorship with democracy with the conscience of the bolivian people meanwhile the Un Human Rights Organization has expressed concern over the prosecution of dozens of people close to the former president believe he is now headed by a right wing conservative government led by janine and yet as he proclaimed himself interim president taylor has more on the story. But libya was promised peace what i got was beatings bullets and a whole lot of bad luck. Was the. Once boldly waving from the balcony of the president ial palace the self appointed interim president janine anya is now ha its from angry crowds who are chanting assassin traitor because the woman who promised peace. I assume the presidency with a midget a fact in line with the constitution and pledge to take all measures necessary to bring peace to the country has waged war on john and as the politicians i dont have very own people. In. The. Director of the state Radio Station was tired to a tree and humiliated for hours. An incident that was reportedly documented by argentine journalist on a moral who was found unconscious in his home a day later with injuries to different parts of his body and who died 6 days later. The. Various Foreign Ministers described tallest containing their home address as telephone Numbers Family addresses and other personal information are being circulated viral facebook and other social media. It has also been publicly reported that the lifeless bodies of several people who were. Killed in the massacre disappear allegedly after being collected by Law Enforcement officers and no further information has been provided to us as shes already cracking down on the violent supporters of the previous government but either way it seems its easier to make promises of peace when you havent had a taste of power yet and apparently buying is quite likes the taste because despite promising not to seek election may shes decided to throw her hat into the ring off to roll now washington must be pleased it was off to rule in its support of the democratic regime. I would just interrupt this report because live in moscow now president Vladimir Putin is discussing amendments to the russian constitution in the state to the countrys. Parliament so lets listen to what hes got. Here. While considering amendments to the constitution to the Russian Federation and the 2nd grading keeping in mind the character of the conversation and that it was my initiative that started why discussion of possible amendments to the main the law of the country i thought it was necessary with that i would. Do to talk about my position regarding baikal suggestions that have been voiced then i told mr chairman about it but i would like to start with the words of gratitude to the british citizens to the members of the work the working group to the deputies and members of the federal council who worked hard. And participated in the preparation of the amendments to the constitution and once again i would like to repeat myself these amendments. Its been for some time that we needed some amendments and they are going to be useful for the society and for the people of for a country. Because these amendments are directed. On strengthening our sovereignty our traditions and the revelli is. Something that is foundation of our lives. And to expand and to make more clear with social guarantees for our as he does and and to make it clear that our state has social character and to create conditions for confident absolution the very development in the long term i should agree with the people who spoke here the world is changing and it concerns not only the explosives if you develop an Alpha Technology but all the aspects of life and fuse changes they have drastic character and you know there is no way back we see how difficult the situation these in the World Politics and the safety. In the Global Economy now we have this coronavirus to deal with and the oil prices are jumping up and down and the currency rate too and theres talk of change rates too and i would like to use this chance to say that i am completely confident that we are going to muscle through it with dignity and make the economy grow. By and large will become stronger and the most important Industrial Areas are going to become stronger and more competitive. And on the road you know what that means but we need to work and we need to Work Together jointly but of course it all creates additional briskets and as they. Say now challenge us and of course we are keep on saying about there is a dearth of those in the world who would like to suppress russia and they are rated to use any opportunity to do this and this suppression policy it is being cues and we are well aware of this and those who do this the talk about it openly there awaiting for our errors are asleep ups that were gonna lose sort of bearings or which is worse we will become stock in some internal struggles that are even sometimes by nuns from outside funding from outside we can even calculate how much resources are allocated to i know that estimations of the leading Political Forces regarding all this is it that you should of visual are similar and during our recent meeting with leaders of the factions in the kremlin that started on the field and as. Mr zyuganov noticed and when he watched at the clock and hes so that the meeting was over already because that when you at night. And everyone is perfectly aware of than inside the country weve got a lot. As people to say. Yes weve got too many vulnerabilities. Regarding billet t. And regarding the confessional a shoes economical and social development which with so its solved is why working while working on this amendments the. Discussions are more intensive and more active how the Higher Institution of state authority is going to be formed a president ial authority because president theres a guarantor of the constitution guarantor of the safety of Foreign Countries fits in trouble instability and its internal i would like to repeat myself of Evolutionary Development and Evolutionary Development i would like to emphasize that is. Russia. Had enough revolution then this history so we are done with the revolution in russia and during my leisure if you will travels around the country i notice that people are concerned with this the same as you are. And i understand very concerned and im confident that there will be a time when they hire a president ial authority it is not going to be so personally fide its not going to be connected with one particular person but all our previous history was developing like that and of course we should remember that and i understand my personal responsibility regarding that but i can see that the majority of people are expecting and my personal estimations and decisions regarding the key issues of the president ial authority both now and. In the future so i would like to phrase it as clear as possible as honest as possible now since irresponsible but you can get in and also regarding the particular suggestions that were voiced to day and that were raised during the discussions regarding the amendments regarding mr corral in space station about the necessity and you snap elections for the state my point of view here is clear if people. Russian citizens are going to vote for them men women are going to support them and mens including handing over a part of the story to the. Federation council so changes should. Common power and right out of the state duma should have more authority bigger authority immediately and of course there is the question if the current members solve the stadium i can adopt this new authority im sure that they can why not all the legitimate reasons are there of course. In the end it is up to you it is george decision but even regarding vs issue of there is no consensus in the parliament and from what i heard from the chairman there is no consensus i dont see any need for the snap elections premature elections for the state duma thank. You should you should discussion i would like to say it one more time if people are going to come to vote to the polls stations and going to 2nd debate and the right going to then they will confirm the sorra to the parliament the people the only source of power are going to speak and then the all the discussions will be over and i would like to repeat we are talking about expansion of that authority of the parliament and that something bad about the closer working with between the 2 branches of power it thats how i planned it initially it is going to mean that they will have some war of mutual responsibility for the results achieved or for the lack there of all of them i think that currently at this stage of power at the ballot minute there is Society Development such amendments are justified because its a quality a step for britain as. Concerting the development of our democracy and i would like to go back to the topic but i have you spoken about in the beginning weve breached a certain line and to step over it. We need to make a decision regarding a sensitive issue about the highest were about the president ial power and im going to have that strong president ial vertical for our country for russia is a must. He would do and the situation today in the economy something that ive talked about not only an economy about in this safety with the safety issues to just. Reminds us once again about this but if you would then youre putting 1st of all we need is the 1st ability of course and there are certain types and we are well aware of that. Type of government that is widely used in the world however these stage of flower of development which is why we cant really use it but just look at the countries with traditional parliamentary democracy look at whats going on there im not exaggerating for here is some of this countrys on your way but they cant form a government we cant have it and russia is unacceptable from russia and say. Giving odds are the centers of power as such as Security Council or the state consul. That are not elected by people who are giving them. A loan which someone thora here which some. But i think it
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