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Transcripts For RT CrossTalk 20240713

Since 1980 sevens a black monday crash caused by investor fears over handling of the 1000 crisis. Taylor is here next hour with the latest updates but 1st. Prices are battering the world economy. Ways and the issues next day with. Hello and welcome to cross talk were all things are considered im Peter Lavelle with the coronavirus now officially declared a pandemic the world faces the additional burden of an Oil Market Collapse this comes at a time when demand for crude was already low some are calling this the ultimate perfect storm. Ends is anyones guess. Crude carnage im joined by my guess was me in beirut hes a professor of economics and International Affairs in irvine we have pai and he is an independent economic and political analyst as well as a former commodities trader and in toronto we
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Transcripts For RT News 20240713

Youre watching R T International room welcome from myself and the whole team here in moscow. Lets get started the u. S. Is boosting its defensive capabilities in iraq the head of u. S. Central command said this was in response to the threat posed to american troops by neighboring iran. We are also in the process of bringing air Defense Systems Ballistic Missile Defense Systems into iraq in particular to protect ourselves against a bit another potential iranian attack well just when many thought that tensions between the United States and the Islamic Republic of iran were starting to cool we have the u. S. Central command telling us the opposite ta ....

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Transcripts For RT News 20240713

Wonderful southern live from the russian capital this is often international for myself on the whole team here a very warm welcome to the program. Jump in the u. S. Is boosting its defensive capabilities in iraq the head of u. S. Some true cmon said this was in response to the threat posed to american troops by neighboring iran. We are also in the process of bringing air Defense Systems Ballistic Missile Defense Systems into iraq in particular to protect ourselves against about another potential iranian attack well just when many thought that tensions between the United States and the Islamic Republic of iran were starting to cool we have the u. S. Central command telling us the opposite take a listen thi ....

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Transcripts For RT News 20240713

Bringing you the latest news every hour of the day this is out International Thanks for joining us. Well lets start with how the u. S. Is boosting its defensive capabilities in iraq the head of u. S. Central command said this was in response to the threat posed to american troops by neighboring iran. We are also in the process of bringing air Defense Systems Ballistic Missile Defense Systems into iraq in particular to protect ourselves against about another potential iranian attack well just when many thought that tensions between the United States and the Islamic Republic of iran were starting to cool we have the u. S. Central command telling ....

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Transcripts For RT CrossTalk 20240713

Their homework and they sense that they can write out a price war much better than the very over leveraged you know 50000000000. 00. Budget constraint to saudi arabia that needs 83. 00 a barrel of oil in order to balance its budgets as well as fund its longer term visions of getting off of oil and expanding its economy under the vision of mohamed bin solomon so its really people have to look at this as a sense of it these are not just necessarily coincidences in my point of view because the ruble was strengthening last year russia has been on a d. Dollarization platform in order to diversify away from dollar reliance in part to fight sanctions thrown against it as well as its partners but also to strengthen its own ambitions to have its currency the currency of its allies really rival if not travel. Its the 47 year old petro Dollar Standard which is the effective monopoly globally with regard to oil or gas pricing so theres a lot ....

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