a weaker u.s. dollar or fed rate cut might help the u.s. economy, might help u.s. stocks, might help stock markets in general, because your borrowing costs go down. but that may not save the world economy from deceleration. that is the view the oil market will take with regards to a weaker dollar . shery: how reflective are prices of physical supplies at the moment? vandana: the physical market interestingly i think was quite bit leaninglittle toward excess supply. a little bit, because inventories have been rising. some months they have fallen a little bit. since the start of this year, inventories have been a bit above the five-year average, which is why we see the minister saying opec should continue cuts into the second half of the year. market, i think there is a dichotomy. there is plenty of supply in the u.s.. u.s. production growth is strong. when you look at the dubai related market, the asian market has suffered a big plus -- a big loss, from iran, from venezuela. it is quite tight. essentially that tells you the physical market is quite tight. arabiaou m

u.s. and iran people held rallies to mark jerusalem day iranian backed shia brigades carry pictures of iran's supreme leader ayatollah ali how many well no because they've got the little house a lot through the day in baghdad and the other iraqi provinces and across the world expresses the people's rejection of the deal of the century which is being planned by trump in order to dissolve the palestinian cause in his own special way but there is a wide rejection from the peoples that will make this conspiracy fail. jerusalem day falls on the last friday of the fasting month of ramadan but this year's demonstrations also took place less than a day after the conclusion of a gulf cooperation council summit in saudi arabia one in which saudi king said man called on arab states to confront iran its timing is a reminder of the deepening rifts and growing rivalries in an already volatile region how much of a jersey or time for a short break here and al-jazeera when we come back mexico's missing how

tom: the u.s. manages its own -- ren: the u.s. manages its own companies. the u.s. is not the international police. they can't manage the whole world. the rest of the world decides whether they should work with us based on their business interests and decisions. if some companies don't want to work with us, it is like a whole in the airplane. we are working to fix the hole, but the airplane is still able to fly. of the chips we have been using, half are from u.s. companies and half we produce ourselves. if the u.s. imposes further restrictions on us, we will reduce our purchases from the u.s. and use our own chips. if american companies have permission from washington to sell to us, we will continue to buy from them. tom: how much damage do you expect to be felt in the consumer division, smartphones and laptops, which depend on u.s. chips and software? ren: we might miss our expected growth target, but we are still growing. being able to grow in the toughest battle environment reflects how great we are. tom: do the actions the u.s. has taken mean you will have to ra

u.s. government have hampered wall was ability to procure products from american companies including microsoft software and processors made by intel you also told c.n.n. we see on one state that weiwei may never be able to release their new laptops if the company remains on the u.s. commerce department's blacklist. despite the setbacks in the consumer electronics field while his chief strategy architect one sean told the financial times while was working with volkswagen's audi and a joint venture between china's g a c and japan's toyota to provide their a high tech for self driving vehicles the wall way executive added that he expects the vehicles with autonomous driving components in 2021 or 2022 and that they would be available in china and europe. from tech to food in china other countries consumer inflation grew to its highest level in 15 months and may the consumer price inflation rate jumped to 2.7 percent in may that's the highest level since february of last year the number grew 2.

u.s. drone, president trump reportedly approved and then abruptly called off military strikes thursday night as u.s. warplanes were already in the air ready to attack. we'll go to tehran to get response from mohammad marandi, a professor at the university of tehran who was part of the nuclear deal negotiations in 2015. we will also speak with professor ervand abrahamian, author of several books ciauding "the coup 1953 the and the roots of modern u.s. iran-relation." then, guatemala announces it will hold a recount of last sunday's presidential and legislative elections amid fraud allegations. we will speak with guatemala's former attorney general thelma aldana. considered a leading presidential candidate but was barred from running. she was forced to flee guatemala after receiving death threats. vengefuluffering this harassment because of the work we did with the international commission against inquiry in guatemala. i hope now the security conditions to make it possible for me to return t

the u.s. federal aviation authority bans airlines from flying over something wrong controlled airspace as tensions between washington and tehran brought high. also evil leaders expend sanctions on russia but the visions were made over a russian gas pipeline project to europe. to the shores of sustainability a crucial company tries to cut down on plastic waste but it's not enough. this is the w business i'm. the us federal aviation administration has issued an emergency order prohibiting u.s. operators from flying in parts of iranian airspace the regulator put the ban in place and response to heightened tensions after iran shot down a high altitude american surveillance drone that prevents u.s. civil aircraft from fly over the strait of hormuz and gulf of oman united airlines said that following a safety review it had suspended flights between new jersey's newark airport and the indian financial capital of by the root causes directly over the gulf of oman. our markets correspondent joins us now

news live from berlin tonight the u.s. blaming iran for attacks on 2 takers today in the gulf of oman attack the attacks on both ships come as relations between the u.s. and iran continue to deteriorate to america's top diplomat frank in his assessment . of the united states government to the islamic republic of iran to responsible for the attacks that occurred in the gulf of oman today also coming up tonight the latest ebola outbreak is being described as truly frightening the virus has killed around 2000 people in the democratic republic of congo now would spreading to neighboring uganda and here in germany to those helpful assistance like amazon's alexa's they talk to us and they know what law and authorities want to pick their artificial brains but privacy advocates say that's a picture too far. off it's good to have you with us a u.s. secretary of state mike pompeo is pin the blame for attacks today on 2 takers in the gulf of oman firmly on iran on pedo accusing iran of trying to restrict the flow of oil through the s

companies and the u.s. consumer and the economy as a whole all right we're not there yet how about the u.s. the mexican negotiators are still working on the outlines of this high stakes agreement could the courage to still be averted what solution would satisfy the president. that is correct both the u.s. delegation and the mexican delegation still talking still negotiating dot said there is a deadline looming for the president to sign off and not executive order of friday night what could happen is that he signs that order and then he rolls it back over the course of the weekend if there is a breakthrough but the breakthrough would have to be significant we know that trump wants to see the assigned them a regional asylum laws change so that asylum seekers must remain in the 1st country of entry upon leaving their home country that could be very tricky to hammer out not to mention the fact that the american civil liberties union has already said that it would soon so this breakthrough may not come very quic

a report about alleged u.s. cyber attacks on russia's power grid raises questions about whether donald trump is being briefed by his intelligence services on their operations. and 2 sisters in saudi arabia plead to the international community for asylum after reportedly suffering years of abuse at the hands of their parents and they join a growing number of women looking for a way out of the gulf monarchy. it's 11 o'clock here in moscow you're watching r.t. international live from our studio with me and welcome to the program iran has announced its production of low level enriching uranium surpassing the stockpile limits set by the 2015 nuclear agreement and it's happening soon. time on june the 27th we will exceed the 300 kilogram limit on reached uranium loans under the nuclear deal after that we will continue to increase the speed of production drastically. a white house representative has responded to that statement by claiming to iran blackmailing national community and calling for increased pressure on ira

on me and that can hurt the u.s. but the u.s. are the best team in the world and if there's one thing we can expect it's goals because the u.s. love to attack it france score 2 or 3 they'll be confident they can score for so it's not one that you want to miss you know nick the other team dead did really really well is england yeah i mean this was a the other quarterfinal where ever expected to go down to the wire but england against norway was anything but england absolute. blitzed norway off the park they scored an early goal and then they just went in for the kill but we have all the goals to show you now so let's have a look at the report. a close game was expected between these 2 evenly matched signs but in just the 30 minutes england took the late lucy prongs went on the rolling run and her cross found jill scott's. midfielder providing a perfect improvised finish and sparing the blushes of strike at ellen was. keen to prove that it was a one off white almost put england to no luck only the post tonight her and i catching 5t

the u.s. repeats it's threat of all options on the table for iran including military action over to rand's alleged attack on 2 world tying his in the gulf of oman. victims of forced sterilization in japan appeal a government offer of compensation saying it's not enough for the suffering of insured he speaks to a relative of a victim. when i 1st saw her really big scar that was when i knew something was very wrong and donald trump continues his battle with the new york times he's now accused the paper of treason for publishing an article about u.s. cyber attacks on russia's electric power grid. just another monday morning here in moscow my name is kevin owen this is art international welcome to the program 30 minutes of world news live from us starting with this the washington's hans again pulling all options on the table with iran including military action u.s. secretary of state mike pompei o reiterated his belief in terrans direct involvement into an attack on oil tankers in the gulf. americ

u.s. china trade talks back on track at the g. 20 meeting was paying. hello i'm maryam namazie you're with al-jazeera live from london also coming up saddam's military rulers want to know destruction or damage will be tolerated ahead of a 1000000 man march called for sunday desperate for rain years of drought dry families from their homes in the desert region of pakistan. and as rap stars storms he makes history at the glastonbury festival in a union jack stop proof vest look at how politics is increasingly taking center stage in the u.k. music. u.s. president donald trump has proposed an impromptu meeting with kim jong un on sunday when he visits the demilitarized zone between north and south korea the offer came in a surprise to him while he was attending the g. 20 summit in japan north korea hasn't said whether all happen but describe it as an interesting proposal is what trump said when asked about it at the end of the g. 20 to stand that we may be meeting with chairman kaine him. and

or in the u.s. of course unless there's a change of reporting that people actually start speaking out we're not talking about a prosecution we're talking about a persecution opposed to misunderstand back into the public on earlier this year in april when he was pulled out of the ecuadorian embassy by british police he was for a long amount of time in fact 2 and a whole 1000 days which is the sum amount of 7 years in that confinement he was a full seeking political asylum that he then moved to belmarsh prison where he was serving out his 50 week sentence for skipping felt in 20 trials now this is actually a video filmed inside that belmarsh prison that was obtained by alex he brought me which is the video agency and in this footage you can see your innocence the king someone may see it didn't go to trial it's known that he's not a dramatic amount of weight you know something that his father has voiced concerns of earlier this week and we know that he was also sent to the medical board in prison that

u.s. side on those regulations include recent comments on the law from c. u.s. secretary of state mike pompei o who insisted on the free flow of information ahead of an official visit to india later this month on monday the indian commerce minister y'all and r.b.i. officials met with representatives of tech and credit card companies including the c.e.o. of master card. the ministry later released a statement that said indian officials quote assured the industry representatives that the reserve bank of india will look into this. and often overshadowed by the us china trade war is the brewing trade between india and the united states similarly many may not realize just how intense it is to the global economy while most of us are aware that products are assembled in china and then distributed globally most obvious is the role that india has in terms of business integration in the world where china is widely recognised as an outsourcing destination for manufacturing as workers in the rust belt

e u.s. and iran are running even higher tonight after the iranians shot down a u.s. droner presidenp called it a "very big mistake", but he also appeared to play down the incident.af foreigirs correspondent nick schifrin begins our coverage. t >> schifriay in tehran, speaking to a stadium of supporters, the commanr in chief of iran's revolutionary guard corps delivered a threat,s as state tv re video of what it said was the launch of a missile, and strike of a u.s. drone. >> ( translated ): the downing of the american drone was a clear and prece message to america, and the message is this: an enemy that violates our borders will not return and will be destroyed. >> schifrin: today at the pentagon, a spokesman introduced the head of u.s. air forces inth middle east, who, by phone, delivered a counter. >> this was an unprovoked attacl on a u.s. survce asset that had not violated iranian airspace at any me during its mission. >> schifrin: both sides agreet iran swn an rq-4a drone, whose wingspa

the u.s. mexico trade truce. paul? let's get the first word news with su keenan. >> we start with hong kong, which has seen one of the largest the menstruation's since china in two decades ago. hundreds of thousands marched through the center of the city to protest legislation that would ease extradition to mainland china. organizers claim more than one million people took part. despite the turn outcome of the hong kong government indicated it would push ahead with the bill. calling for talks over the huawei blacklist. it's as microsoft and others were told to can find with the van and that would be to competitions for future business with china in sector participants. makesoft was made to not "hasty or ill-conceived decisions about huawei." moving on to the front runner of the next u.k. prime minister. we are seeing an even tougher line on brexit and holding back money the country owns for pass agreements. we are talking about boris johnson. he is the favorite to succeed theresa may. his hard

and the u.s. after breakfast what are we supposed to make of the well it seems that chances are it's still seem to be a small event even after that announcement from president trump trade agreement between the u.s. and the u.k. will run into into several some of them are already very familiar because of the ongoing negotiations between washington and brussels there are different regulations some long deeper in industries that will need to be much more coherent before the any by law to agreement could come to fruition for example you k. will have to to accept us have food products such as hormone treated be currently banned under european rules for dad poor at the border probably of god by law to our dream into to be some kind of a realisation in the future and it seems that direct line it's not going to get across. announcement today and hostilities investors have not only been listening to mr drum but also to the chairman of the federal reserve and what your own powell said earlier today really m

officials said one u.s. counterterrorism official said i'm not joking there it is that is the journalism you're getting fed i sometimes think the l a times the new york times should be called american officials say. i denounce the cultivator or publicly the new york times issued me a form. written reprimand which is what you get before you're fired under union rules to stop speaking out against the war i've been the middle east bureau chief and i've been in iraq in 7 years in the middle east. how can you come out of gaza not being very. what's being done to those people how can you come out of the sudan solider on dozens of other places i've been and not be angry. i've seen the bodies of a lot of children which i can't forget. you know especially having done it for 20 years and. dostoevsky said i was the inability to love and that's what kills people. i fully get why people blow their brains out it's really you. and i don't use love as a kind of a hallmark small c n l we all gotta love each other. i'm saying

the u.s. and canada are burying the hatchet at least when it comes to free trade after months of a rocky relationship between u.s. president donald trump and canadian prime minister justin trudeau the 2 countries presented a united front on thursday in pushing a still unratified north american free trade deal. time heals apparently just a year ago u.s. president donald trump described his canadian counterpart is very dishonest and weak now he's full of praise the 2 have agreed that canada will export rare earths to the u.s. essential for computers and military technologies that will make the us less dependent on china president xi jinping recently hinted he would use his country's dominant position in the rare earth sector as leverage in the trade dispute with the u.s. something just in trudeau is well aware of. we discussed some of the challenges that china is presenting not just to canada but to different sectors of the global economy and we certainly agree that we will continue to work toge

but it's unclear if u.s. regulators will be swayed to allow google to continue working with walk away. now to some other business stories making news french president of iran has met with twitter c dorsey in paris france's parliament is debating legislation that would find companies up to 4 percent of their global revenue for not removing hateful content the proposed law comes after the march shooting attack in christchurch new zealand that killed 50 people. as former new york city mayor michael bloomberg says he's donating $500000000.00 in the bid to shut down the remaining coal plants and the united states the billionaire wants to turn the u.s. into a 100 percent clean energy economy by 2030. now turning your hobby into a profitable business that's something a lot of us want to do the next woman from russia has done just that with her passion for pottery but getting ahead and a male dominated world hasn't been easy marina gilman over 1st started designing ceramics when she was a psychology student after she

the u.s. bad news interest rates unchanged but leaves the door open for a leader good news or bad news as we get some analysis. also on the show the u.s. hopes to bolster its coal powered plants there by slowing the ship children you will. and will take you to a school in rural gone out where the power of playing is keeping the lights on. this is the w. business i'm on in berlin welcome for the markets it's the morning after a closely watched key interest rate announcement the federal reserve has does it has decided to leave the rate unchanged in the 2.25 to 2.5 percent range but expectations are growing that that set to move fed chairman a drone powell pointed to concerns over weakening global growth and volatile international trade relationships some fed officials apparently expect a rate cut by the end of the year ahead of the fed's announcement similar preoccupations prompted the european central bank to signal it could be ready to introduce fresh stimulus measures to boost the eurozone ec

the u.s. central command releases new images that it claims provide further evidence iran was behind last week's attacks on oil tankers in the gulf of oman. and with tension in the region rising iran declares it will further rollback its compliance with the landmark 2015 nuclear deal if steps are not taken within the next 10 days to shield it from the effects of u.s. sanctions. aboard about alleged busy u.s. cyber attacks on russia's power grid raises questions about whether donald trump is being briefed by his intelligence services on their operations. 2 sisters in saudi arabia pleaded to the international community for asylum after reportedly suffering years of abuse at the hands of their parents in the kingdom to join a growing number of women looking for a way out of the gulf monarchies. broadcasting live direct from our studios in moscow this is our 2 international thomas certainly glad to have you with us. the pentagon has announced it is sending $1000.00 additional troops to the middle

u.s. has imposed thus far 25 percent and $200000000000.00 worth of goods coming from china and that was recently increased from only 10 percent now china has also retaliated anywhere between 5 and 20 percent tariff on $110000000000.00 worth of u.s. goods i think it's also. it's remember that we buy we meaning the u.s. a lot more goods from china than they do for my so at some point in time china will run out of terrorists to retaliate on and i and so they will may resort to other measures every tally ation outside of tariffs same question to you michael in forest hills here i mean it really is about a paradigm shift one power not wanting that shift to occur and another one feels that it's finally reached its place on the global stage i mean the this is these are peers they are genuinely peers now economically and it's something the u.s. has never had to confront go ahead michael well that doesn't stop the united states from asking for economic surrender it wants china and russia and other

a u.s. official says shortly before those ships were hit with explosives, iran tried to shoot down a u.s. drone with a missile. this comes after the u.s. military believe this video, u.s. officials saying, it shows the iranians were moving an unexploded mine from the side of one of tankers several hours after the initial attack. president trump says he is convinced tehran was behind the ship attack. tehran strenuously denying being involved. mr. trump would not say what, if anything, the u.s. and its allies might do to protect the strategic waterways. >> they're a nation of terrorists. and they've changed a lot since i've been president, i can tell you. they were unstop only and now they've in deep, deep trouble. you can't, you can't -- they don't have anything. >> how do you stop the outrageous acts with 30% of the world's oil comes there? >> we're going to see. >> let's get more from cnn's michelle kosinski in washington. >> reporter: a tanker still smolders in the gulf of oman when it was

president on a trump bank cruise ship operations from the u.s. to the island but there is a silver lining when looking to europe investors this signal to date stand by cuba regardless of a hostile u.s. policy. the european union remains cuba's main export market and 2nd biggest trade partner the e.u. is the biggest foreign investor on the communist island mainly in tourism construction and agriculture one 3rd of all tourists in cuba come from the e.u. where they stay and spanish italian and french owned hotel chains it's a long term bet on the future of the country that investors say they will continue to make building more hotels and seeking more opportunities. at a recent symposium bringing together cuban officials and e.u. investors both sides pledged to support each other despite the new u.s. travel restrictions. it has been affecting us a lot over the last 4 or 5 months a very pointed in concrete set of aggressive commercial measures by the united states which simply put are designed to get us to leave from here so that they can take over fr

u.s., markets rallied more than 2% and the s&p 500, above the 2800 level. ,e saw big banks surging analysts saying the industry would be said to party like it is 1995. we have seen from the fed chairman signal and openness to rate cuts. officials also expecting to avoid tariffs that we saw on chipmakers. s&p futures still up. >> let's take a look how asian markets are shaping up. the korean market continues to defy gravity and here in australia we have futures pointing higher, probably all banks to the decent rally we saw on wall street. don't miss my exclusive coming up with catherine would. she will join me on the final day of the australia summit here. for now, let's get to first word news. the world bank is cutting its forecast for the global economy, citing the trade war, rising financial strain in the unexpectedly sharp throwdown -- throslowdown. trade is also expected to year, the2.6% this weakest since the 2008 financial crisis. chief says heank could follow up tuesday's interest r

of the u.s. has given turkey until july to council a weapons deal with russia or it will block its purchase of american fighter jets washington says turkey's acquisition of the s 400 air defense system poses a threat to its f. $35.00 stealth fighters the 2 nato allies have sparred for months over turkey's plans to make the purchase from moscow the u.s. says it could hamper its future relationship with ankara if the rebels in yemen however least new images showing what they say are saudi military positions they have captured near the border rebels say they have killed dozens of saudi soldiers near the southern city of nasr on the media released this video which appears to show fighting and weapons seized from the saudi u.a.e. coalition some of the footage shows what they say is the wreckage of an american made drone the coalition which backs the many government has not confirmed this reports amnesty international is urging saudi arabia to rule out the death penalty for a teenage boy 18 year old co

u.s. economy is going? how deep into a recession does it look like we are headed? sciencee economic continues to be pretty good. but most of the other signs have been weakening. going to bention is on osaka next week at the g20, where we will finally get some clarification perhaps about what donald trump's thinking is about the state of the global trade war. will he suggest some signs of progress in negotiations with china? or will this all be a mirage, in which case the markets will be looking for a powell cut in july. that is more than a 25 basis point cut. guy: are we going to get 50 or 25? what will be the logic here? do you one to ease yourself into it? benn: the fed usually likes to move slowly and deliberately because they fear that making a mistake, that once they move, they don't will back in the other direction. in other words, if summary donald trump were in september to declare an and to the global trade war, you are not going to see the fed moving to a tightening phase. they c

and iran this says u.s. officials continue to blame iran for last week's attack on 2 tankers in the gulf of oman while other world powers are urging the u.s. and its allies to quell the tense situation that something may or up into something even more volatile here with the latest is r t correspondent john hardy thanks for joining us john. my pleasure it is so john what exactly is iran saying right now in saying that they're going to up its enrichment of uranium. well yeah i'll break it down for you and kind of give you the you know the summarized version of this today tabitha the spokesman for iran's atomic energy agency said that the country would basically increase its enriching uranium stockpile to essentially exceed the limits that were set in the 2015 nuclear deal the j c p o as it's called basically upping the ante and and the showdown in the ongoing kind of battle of words and rhetoric between the u.s. and iran along with i should mention u.s. allies against iran and all this is well under the terms

forces or u.s. assets or u.s. interests in the cyber domain i would expect iran to be quite active the missile test in world as well as well as iran's nuclear program president rouhani of iran laid out 2 timetables to grow iran's nuclear program throughout this summer willingly saying that iran would would transgress the limits imposed on it by the j.c. people a nuclear deal but in my view this is iran building up leverage iran saying that it too has its own escalation options and it's trying to use all of these different escalation to intimidate washington to make sure that there is a split in the transatlantic community as opposed to unity and force washington to more publicly say that it wants a deal weaken the sanctions that exist and drive washington to the negotiating table as opposed to washington driving to iran to the negotiating table what is a high risk strategy by there's a high risk strategy because what happens if mr town tend not get a bigger better agreement because in the end what has pulling out

atthe u.s. deficit looming -- more than $200 million bigger than a year earlier despite the revenue boost. the congressional budget expect the annual deficit to come in at around $1 trillion by 2022. acutely watched measure of u.s. inflation trailed forecast in may. the core consumer price index removes energy and rose to percent from a month earlier, 1/10 lower than predicted in a bloomberg survey. fed willss says the simply be wrong in their approach. economies -- comments have been wrong, staff economists have been wrong because they had been believers in the idea that as unemployment goes down, inherently, inflation will become a problem. they had it simply wrong in that thesis. remains below expected in india as well. below the rbis medium-term goal of 4%, it is the 10th consecutive month that inflation has been below target. sales of passenger vehicles also declined last month. haveof thousands of people been evacuated as a major storm bears down on the western indian state. onis due to cr

the u.s. is being reckless moscow is warning of a dangerous scenario if tension between washington and tehran continues to mount and then there's france saying it's working with britain and germany to try to deescalate this crisis we'll go live to roslyn jordan in washington in just a while 1st so that still it is a measure of the our correspondent in tehran so this latest batch of of sanctions aimed aimed at the top leadership of iran perhaps meant more to send a tough message than for this specific effect. that's exactly right martine the sanctions the american sanctions on iran that have been ongoing for several years now are so sweeping so complete that these new sanctions are almost entirely symbolic but in iran that is the exact problem for many people what is symbolic in this case is definitely hopeful the supreme leader ayatollah ali khamenei he occupies an incredibly important space in iranian public life he is in many ways untouchable criticizable if you will and so these sanctions t

. >>> u.s. commerce secretary wilbur ross down plays the prospect of a u.s./china trade deal at this month's g20 summit and tells cnbc that washington stands ready to impose further tariffs on beijing if necessary. >> we will eventually probably make a deal, but if we don't, the president is perfectly happy with continuing the tariff of movements we've already announced, as well as imposing the new ones, that is temporarily suspended. >>> deutsche bank is preparing an overhaul of trade operations, including plans for bad bank, holding tens of billions of euros in assets. >>> well, it was a pretty mixed session for agent equities overnight, with one stock in particular, the stock index in particular, the hong kong index, rebounding almost as much as 1.5 percentage points at one point, before pairing some of the gains. this, of course, after the government backed down on passing the extradition bill overnight, it's been mixed, l n leaning slightly toward positive this is the heat map for europe. we're trading in just a positive territory here, trading on water

the u.s. threatens new tariffs against mexico in a bid to curb migration the result so far investors are frightened business groups are furious and a top u.s. economic priority a new nafta deal is now at risk. also in the show the u.s. china trade war threatens to redraw long established supply chains we'll show you why by looking at one american business. we'll tell you why farmers helping to fuel china's extraordinary coffee boom are so happy. and qatar hastens to rebuild its image after complaints about dismal and deadly working conditions in its new mega stadiums for the 2022 world cup. welcomes your business update i'm stephen beard zimbalist thanks for joining us president donald trump says he will levy a 5 percent tariff on all mexican imports unless the country curbs migration across the u.s. southern border by june 10th the tariff could rise to 25 percent in october mexico's president andres manuel lopez obrador says he will respond with quote great prudence to trump's latest threat a

sanctions the u.s. has expressed its concern over the move warning of possible sanctions against instax and the loss of access to u.s. markets. by to discuss this more we can cross live to a jack ross miss professor of political economy at st mary's college in california jack thanks for being with us here on r.t. international. my pleasure so how important is this agreement between russia and china right now to use the ruble in the one instead of the dollar and where could it actually lead. well it's only at the very beginning and we're talking only about 2 countries they're fairly large countries it could be a significant amount of the trade in non-dollar currencies or in kind but it's only the very beginning you know and even in sticks it's only the very beginning they are still the global currency it's the linchpin of the u.s. global economic empire and it's the main means by which the u.s. engages in financial. arm the pulling and influence so it's not going away soon and of course the wing that the

was investigated by the u.s. drug enforcement administration in 2013 the documents were introduced in pretrial motions in the case of the president's brother tony hernandez who was charged with importing tons of cocaine into the united states prosecutors placed in the record in july 2015 petition to the court for access to e-mail account information from the president his sister and key political allies the document says he can't use it for suspected by the d.n.a. of quote large scale drug trafficking and money laundering activities relating to the importation of cocaine into the united states. president clinton has took to power for a 2nd term after claiming a new era when in a highly suspect 27 june election that the organization of american states said was plagued by apparent fraud. it's been a volatile week as markets reacted to the increasingly hostile landscape but some markets did better than others let's start off in moscow with the molex the most was up again this week for the month the molex com 4.3 per

house and the u.s. senate are debating similar bills on providing about 4 to have $1000000000.00 in humanitarian aid to deal with the growing numbers of migrants who are along the us mexico border but it's not clear that this legislation will actually be reconciled and then signed by the president because the democratic house wants more restrictions on how that money can be used then does the senate version of the legislation but certainly there is a lot of public awareness martain of this incident involving martinez and his little girl on the rio grande day in the last couple of days all right thank you for that reason and correspondent in washington thank you right now we can speak to chris a boy and he is a spaceman's full of the u.n. high commission for refugees he's joining us live from washington as well thanks for talking to us now you advocate on the positive of refugees all scott martinez and he still said we don't know what they are refugees it will they migrants and does it matter. well i thi

u.s. extradition request for julian assange so the courts meaning the whistleblowers fate could be decided as a hearing on friday. a new alliance of euro skeptic parties in the european parliament say they're ready to oppose the extension of anti russian sanctions. or welcome you watching r.t. international with me in a caring top story this hour the u.s. has accused iran of us hike into oil tankers in the gulf of amman and sent missile destroyers to the area the un security council has just held an emergency session on the incident there was an angry exchange between the u.s. and iranian and voice. the united states assesses that iran is responsible for these attacks iran categorically rejects the u.s. unfounded claim with regard to the thoughts of june all tank incidents and condemns it in the strongest possible terms. right off the 2 tankers caught fire u.s. secretary of state mike pompei was quick to point the finger at iran callup morgan has the details. well the u.s. secretary of sta

this sense july the 1988 when a u.s. naval ship misidentified a civilian aircraft well the iranians are don't believe that the u.s. misidentified that civilian aircraft and they gave false information to in the international community in the western media accepted that information until years later when it came out that they had lied and that is something that iranians believe is happening today the iranians don't believe the american version of what happened with the drone the iranians have recovered pieces of the drone in their territorial waters and they believe that the united states doesn't want the 2 to come out and the commanders of the iranian armed forces actually said that there was an american spy plane with i mean 35 americans on board that entered iranian airspace but when the iranians warned them to leave they left so the iranians do not want to attack american soldiers they just want to protect their sovereignty and therefore i think this shows that it's the iranians by staying within the j.c. p. o. a by r

the u.s. financial system." what did you make of the rhetoric heating up? does the u.s. have to deliver? guest: what we are looking at right now is the u.s. having to take the evidence of this sabotage event to the united nations. i would not be surprised if the gathering forces to head to the u.n., possibly to get more sanctions on iran. that may be quite difficult considering europe really wants to continue to trade with iran through this mechanism. it is not a very large mechanism. you cannot do a lot of business, but it's rather important for the small companies in europe that do business with iran and depend on it. we don't see them trading oil, for example, that it does really -- but it does really matter to those businesses that use it. alix: which brings us to the oil question. which is, is iran able to sell its oil? is it going places? a lot of hay was made this week about a tanker that has left iran to hong kong, which signifies china is buying in spite of all of this. ellen: we have

the u.s. for their trade dispute the government accused washington of being an untrustworthy negotiator. we found if one side does not respect another size sovereignty at the core interest forcing one side to conceive through pressure to gain a resolve that is only beneficial to one side this kind of negotiation will not succeed book. let's bring in our guests now joining us on skype from north to term in maryland robert scott senior international economist a vehicle nomic policy institute in birmingham scott look us founder and editor of world view and years analysis site and u.s. and international politics scott is also a professor at the university of birmingham also on skype from taipei russ feingold tony and republican political consultant welcome to you all robert i would like to ask you 1st why is trump taking aim at mexico is it because of a purely economic purpose or there is politics behind this whole enterprise. this is purely a political stunt trump is increasingly becoming a one i

targeting the top of the u.s. announces fresh sanctions against iran's supreme leader and his office hitting an economy that is already reeling also coming up right as germany's ot of also want to talk future strategy with the chancellor industry heavyweight dialer says its profits are likely to take a hit and smoked or deep fried how would you like your whale japan set to resume commercial whaling and is causing an up. on because cobra welcome to the program the white house is turning up the pressure on iran but take a lead on the country's supreme leader ayatollah khomeini u.s. president donald trump signed an executive order slapping new sanctions on iran on monday he said they would deny iran's supreme leader and his affiliates access to resources and the u.s. financial system the white house added that anybody conducting transactions with sanctioned individuals may be exposed to sanctions themselves ok if you're not reigning in officials brushed off washington's latest move saying it wouldn't hurt at all but

to the u.s. national security advisor has come to israel with a clear message for iran neither iran nor any other hostile actor should mistake u.s. prudence and discretion for weakness no one has granted them a hunting license in the middle east iran can never have nuclear weapons. not against the usa and not against the world through words welcomed by israel's prime minister standing close by benjamin netanyahu is determined that iran's military presence in israel's neighbors syria is a threat which cannot be tolerated what's new is that now thanks to crippling american sanctions iran is facing unprecedented economic pressure as a result of its aggression so i was pleased to hear president trump make clear yesterday that pressure will continue and that pressure will increase netanyahu has brought together the u.s. and russia for 3 way meetings to discuss the growing crisis with iran on thursday iran shot down a u.s. military drone it's a who's who's flying through its airspace the u.s. denies th

jessica: the u.s. and mexico have begun talks in washington following president trump's threats of tariffs. he is proposing putting duties on all imports from mexico if it is not try to stop illegal immigrants crossing the border. mexico says tariffs could cause severe financial and economic hardships and may hurt the government's attempts to stem the movement of migrants towards the u.s. the world's top independent oil trader expects opec and its allies to extend production curves into the second half of the year because of growing uncertainty in the market. ian taylor says continuing the policy is the easiest thing to do for the group, with worries about the trade war and stable demand due to the output restrictions. brent has fallen from its april high and wti is close to entering a bear market. >> it is the easiest thing to do. they will make a decision very late which is very understandable. obviously, we are expecting more in the second half of the year. role ishink the probably not in time. jess

the u.s. to meet for periods of no more than a week and the subjects to the protocol of the preservation of sovereignty those are my concerns gone also on the plus side washington is covering all the costs but perhaps unsurprisingly not everyone is happy about this latest addition. is not an aircraft carrier for gringo use it is an ecuadorian province patrimony of humanity patriotic ground that his vessel sole can reach such a level describes very well the government to represent now ecuador and u.s. relations hit a no no under former president rafael correa he got to washington by closing one of the largest u.s. bases outside the state's relations father soured one craig wanted wiki leaks co-founder to be in the cell and asylum and sheltered him from the long arm of the u.s. justice department for years but things have been on the up recently thanks to lenin moran oh he's been in power since 2017 it was miranda who decided that a son should outstayed his welcome at the embassy in london we al

or is this just the u.s. kind of an isolated case, where there are going to be some temporary changes made, but not so much long-term? >> no, i think this is a long-term shift -- sor >> sorry, that's for zani. >> i think this is a long-term shift, because whatever the outcome of this current paceof the trade war, we are seeing a big shift in the u.s. in its relationship with china. and we have clearly moved towards a strategic competition kind of relationship and i don't think that's going to go away anytime soon. and so the sense that there is high tech rivalry and the concern about being too reliant on china is going to stay. and therefore, i think all companies are going to have to rethink their supply chains in response to that it's going to take a long time it's not going to be overnight, but even if there is some kind of breakthrough at the next trump/xi meeting, don't expect this trend to stop this is a permanent shift. the question is how big it is, how deep it goes, and what it means for the future o

u.s. and china on chinese tech manufacturer why way lead our global report today the shenzhen based smartphone giant announced monday they are ready ng for a 40 to 60 percent decline in international smartphone shipments as they face falling sales and a serious and perhaps crippling supply challenge the company has been reeling after it was placed on an entity list by the united states which bars them from being able to procure components from american suppliers while we sustain a 40 percent fall in international smartphone sales in may compared to the month before while he's president and founder ranging fe spoke about the situation on monday cutting the company's expected revenue by nearly $20000000000.00 saying quote we estimate will reduce production by $30000000000.00 this. in the next our revenues will be around $100000000000.00 while way had previously planned for revenue of $120000000000.00 in 2019 up from $104200000000.00 in 28. and signs of weakness in the jet in chinese economy

well the u.s. once basically a one time deal that once you heard a north korea to completely do nuclear rice overnight you so actually can john then not being a new york state he wants china to basically a lot before him when he talks with donald trump later they will meet in one week at the g. 27 in japan what do you make of the timing of this meeting because we are just approaching the g. 20 summit for example. yeah i mean that's very crucial shina i think i mean the invitation to shooting thing to come to show young it's already very old and he accepted it now why you cause he wants some leverage to negotiate with donald trump she bought the trade war because donald trump needs china to back your strategy off met some pressure and so they have kind of a conflict of interest here like china says you have to collaborate with us on the trade war and then we can also a big queue up in the north korea conflict i think that's really crucial to understand the main signal actually this is what's us and

but the u.s. military disputes the iranian version of events and has produced its own map to show the drone was in international airspace when it was downed. so far the messages from washington on how the u.s. will respond have been mixed early the president appeared to want to play down the incident by suggesting it had been an error by iran. i think probably iran made a mistake i would imagine it was a general or somebody that they were mistaken shooting the drone down unfortunately yet it was just hours after the statement that trump ordered the u.s. military to prepare to strike targets in iran reports say u.s. warplanes were already in the air and ships were already in position when they were called back big difference. big big difference the threat of escalation remains real some airlines are rerouting their passenger jets or stopping services entirely to avoid the area. the downing of the trueness compounded tensions flared again last week after the u.s. accused iran of attempting to. somet