tv [untitled] August 15, 2021 9:30am-10:01am AST
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be ignored on i just, you know from the for villas of correct. so the battle fields around most of our job is to get to the truth and empower people through knowledge. ah pop to growing pains in a moment, but 1st to check on the headlines and for the 1st time actually since 2001 taliban fighters that captured a district inside of cobbled province, meaning they are entering ever closer to cobble the city itself. now they've already taken the city of july about on sunday, that is the capital of non ga how province it was. one of 2 remaining government strong holds and just a few hours drive from candle, its collapse means of the country's major cities. only cobble is still under government control. taliban has managed to circle and isolated from all sides. also
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it sees one of the largest border crossings with pakistan. talk. com. that means the taliban now controls all of that kind of sounds. major border posts as well. more on one of the switch shot of ellison campbell program is the most important border crossing that the government had been clinging on to because is the main supply route because most goods come and go from pakistan from token and then through those provinces, lockman. and then go into carnival and the taliban have taken both of those provinces and the crossing which puts cobble and a very difficult position in terms of getting supplies in and out. we understand that government forces flayed to come crossing around midnight. and then they were not sure where they went to, but they abandoned their posts and then the telephone and now claiming they are in control of it. i was only a town of and find to seize the hugely important commercial hub. they pro
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government best in missouri issue reef that gave them control of the entire north of afghanistan with all of this adding up to cobble being dangerously within reach of the taliban. just a few other headlines, more than 300 people killed an in haiti after a magnitude 7.2 earthquake, hundreds more. are either in general, missing major search and rescue operation on the way the center, about 160 kilometers west of the capitol porter, prince, a permanent coalition of pro democracy groups. and hong kong is disbanding. the civil human rights front helped organize reco breaking rallies 2 years ago. now it says beijing's sweeping cracked on descent, has left it with little future. and the red cross is at least 20 people have been killed in an explosion in northern lebanon. this happened to the fuel storage facility in the region. the cause of the explosion at this point is unclear. and those are your headlines family will take you through the next few hours of news on al jazeera. i'll see you again tomorrow, over $300.00, gmc, the latest news as it breaks down here in the north and doing the best job they can
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. we've seen one water pay to the team at wells far further. with detail covering governments is the teller bond is relying on human shields and losing people shot that home from around the world. the price tag to the toko games have officially felt $15000000000.00 that already the most expensive summit games ever stage. i if you drove something positive, it's great watching our kids grow up or seeing a tree drove it. we always aware at all gross must come to an end. there's the limit. nature knows no such thing as infinite growth. this rule seems to apply to
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every kind of growth but one. economic growth is supposed to continue indefinitely . as one person recognized 150 years ago, growth is the fundamental principle of economic system. capitalism only works when the economy grows. but callmax recognize something else as well. it is, this grows that it will eventually destroy the system itself. and today, after we reach that point, it's a system about to collapse or my infinite growth actually be possible. the bloomed company from new york to place a central role in the financial system. since 19 eighties, bloomberg has provided stock traders and bankers with lightning soft price situations and finance data from around the globe, making it $1.00 of the world's most influential media companies. around the clock, bloomberg news agency and stock market channel broadcast. the glad tidings of the
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free market are rolling financial markets is a provider of transparency. we provide a huge amount of data, huge amount of numbers on markets, on economies, all companies provided a chronicle of capitalism telling the story of money vitally important to believe that in central to what day theresa is one of the us department numbers. we look for advice post or on the, on the state of an economy. steady, solid growth in financial markets, usually reflected in solid state of growth in economics, in demand, in job markets. the reason is that people feel, well, if you look at the textbooks, there should be no limit to growth. but if you look in the newspapers at the moment, you get to see it, there is a, is a, a brain con growth. the central question now is whether, when a cyclical slung,
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or the something structural is going on. so they get dropped to about that my releases, mission systems and pies based upon people's remaining to have confidence in the information they giving out and the promotion of the ideology in the narrative. which finances base around which is increasingly become this kind of game show approach. to things for a period of time everybody wins. and then as number of economists, marks kings pointed out is eventually all these menus go up a lot and they crush me to those heavy lobbying by the financial sector on the government to ensure actually that the financial effect growth could continue. and governments believe that it was in the interest of the economy because everyone told monetarism told them that if you had all this liquidity in the system, then you must be growing. you're really economy. but actually what was happening within that system rather was that you freed up all this money,
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which was then used to bet on the increases in the value of certain companies and certain shares and of money itself in the system. and the people who were doing that betting will not only profiting from it, but they were also the only people who were regulating the system. so they created a huge unstable and an incredibly unequal system in which the rich got very much richer. really, very foss, who for decades society has been transformed into an enormous market to which there's allegedly no alternative. the huge sums and a few in the financial markets screen for high returns and have penetrated every corner of the globe. new ways are constantly sought to expand profits already industry. yes. the world seems to be getting too small for the capital.
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aah! when i was a kid, i couldn't afford to fly in an airplane. i actually joined the transport industry before i ever flew in. today people take flying for granted. it's shaped way we buy goods shaped places. people go to shape the meetings between people and different cultures. over the next 20 years, we expect the world to meet 32000 new civil aircraft at the moment around 1000000000 of the people who live on our planet. fly by regularly. the remaining 6000000000. don't yet fly by and it's these people who will be
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tomorrow's passengers and tomorrow's customers. in addition, for those of us in developed countries who take flying for granted the last 6 years, more than 100 brand new airplanes g, l i n c, charter one, airplane sharing days the, the changes spec takes of the neutralizer in terms of that we don't know even currently we have slightly more than 200 pounds in china in 1010. and
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every year in the range of 10 or 15 new apples would be viewed. imagine if everybody enough on the travel expenses, even a peasant with low cost the business water worker is willing to travel by the market, it is fantastic. you can't imagine. and i, i already seems a sign of that. that's why when i look at it, every time i'm asking about the perspectives on the market, i cannot measure the dimensions of this market. when i have a reference of 1400000000, which is even more important than the higher of europe. but more traffic means more pollution. what do you do about that? we made every single effort to try to reduce emissions. but if we look at the
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social benefits and the economy benefits was a ration industry bring to the humanity. and then people may think differently. we are trying to make as well as smaller and smaller to make it a real village. ah, the in the for decade grows was kept him. there support was debt only if you had the courage
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to say that the party couldn't go on forever. but no one listened to them. in september 2008, the time had come. the house of cards collect queens is a black monday for the american capital market. despite dramatic rescue efforts over the weekend, all efforts to keep the world's 4th largest investment bank alive have failed. layman brothers is shutting and stores for good. also, i think, a necessary part of the clean up problem. elaine we knew was weak. we expected to go. it's not going in the way the people expected it to, but it's gone. the long run, i'm confident that our capital markets are flexible and resilient can deal with these adjustments all but there was a deep shock in the system. there was a sense of like this. we can't let this happen. again, governments have to have
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a better handle on this system. and for a while, there were attempts to do that. it lasted probably a matter of a few months. in fact, by the end of 2009 and into 2010. the very same companies that had been responsible for some of that off the were still engaging in those same kinds of risky trading procedures that for a while had been stopped in the wake of the crisis. we learn the lesson, but then we started to get me. the financial crisis was a huge opportunity for governments to feed the word from its dependency on financial markets and to change the system. but they wasted it. instead, they did all they could to revise the old system spending trillions of dollars to save the banks. that something incredible happened. the banking crisis miraculously became a sovereign, that crisis drive. it that you can public debt. governments and citizens are
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subjected to asperity policies. and there was millions of people who suffer to this day, banks and stock market. however, we are keen to demonstrate the 10th of normal teeth as soon as possible. in reality, nothing is as it seems. capitalism survived the crisis, but no longer functions, like it did. even though it's not as busy as it used to be, this is still the center of capitalism. you can look at all the tourists who are outside the building, taking pictures. they all still believe is the center of capitalism. it's a symbol of something. it means something to that i'm sort of like the weather man for the stock market. i come in every day and trying to figure out what's going on in the stock market. i talked to the trading desk. i talked to people who know
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a lot about the stock market and i go on the air and on the internet and explain what's going on. remember the $500.00 is down one and a half percent is one. we have very clear market leaders. and the reason we've had it is because of better prospects for earnings in the 4th quarter. remember what the market leaders have been. energy tech and bank lagging today. energy and bank. that's interesting. the human beings wants stories. they don't want an endless list of numbers. nobody's impressed with a list of numbers. they want to know what's going on. tell us in plain english what the markets are doing. and that's the real skill set. and often that's not easy because things are very complicated. people have always claimed that capitalism can be evil. capitalism doesn't help people. i completely disagree. what
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i see in the last 150 years is millions of people had been listed out of poverty. i personally am a true believer and still believe that the system works well, and i'm committed to that system. i'm the fun. i've been to new york about 7000 mention of the pocket schedule, one of the middle of the dimensions in them to be to take a lives in the fall. and i didn't start from talking. it's not, we're not if i'm not always up in new york stock exchange, but they go to out into the machine just about when we are in the acting for the death type. you're speaking, but it was a name. and given the village off the top not been given,
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that isn't an even staying well then starting him off the acting cause. but that's come enough for him and have been on tuition that the i love build up on 1000. if you have minute with eyes, i like not side, but it wasn't continent. bob kinda talks about him getting tired, giving his been staying the bells and was docked him. i believe the vital when conflict just wanted to build up on the kids up the i think will be seen over the last 2 years. is cracks in the, in the shiny surface of capitalism. and the 1st that's what they look like. you know, they just look as though something not quite right on the way the light reflects off it. and as you look more and more closely, you see this, you see that these cracks go right to the heart of the model. they go right to the
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heart of the basic ideas of capitalism in does capitalism to work, can the system deliver what it promises? providing growth, jobs, and prosperity for all. i me the ongoing joy, smart factory. and that's going on in the mid on the when it comes up to me not turning on the fuse, just the white light you're in. so you come back to the life of me up online. bring been unit been corporate top, isn't bob. that's in the end up under to under that. and so if you'd like to go on
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there, this is all fine, not to look at it, but to me as not to do that, not to do that for me ever since the industrial revolution, machines have been replacing human labor there by causing great societal upheavals, but until recently, they had only replaced the physical of human. now machines are capable of doing what makes us human unique. they are able to think it's a completely new chapter in human history, which will have massive consequences on how we live and work. i can't technology, thanks, watson, can i be watching as a technology on like any that's come before? because rather than force humans, i think like a computer and interact with humans on human terms, the dentist and so i'm, i'm in the cognitive,
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i'll still instant that even when the components down and when damage. somebody's prevents that one, kid and vendors don't get any licenses, seem in how to buy something. length and improvement will be and you know, and to discuss something context. interpretive enhancement at the same begins to lamb, went on goals pilot testing, but also the not i've been with him. i'll talk lounge are you interested in starting at that rate? understand the lucian technique, notions differently just having as well. and i think that i may be able to relate the they told me that they are in software designed to interact with them, bringing them showing up by phone box to soften and getting tired of hearing. i increase in the level of the trying
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to clear the minds as being on when that's going to be in the future. algorithms and robot would be able to carry out community every would previously to millions of jobs to the new technologies to provide the can only growth, but not much in the way of job. and that could endanger capital mid service will be able to purchase or deny things mass produced every day when they are not enough people who can pay for them with their wages. ah, ah, in with,
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in financial markets, algorithms have long since been running the show. computers interact with other computers and fractions of seconds without any human input. in this room, that's what we do here. we have an on off switch, right? was, there's really no human her mention. i really don't believe in leaving the room and letting you know something trade, unintended. it's about being there with the, with the creation that, you know, you've worked on, you know, even if i don't, i don't know. you don't control it, but you watch it. is it doing everything that you designed it to do? there are many mathematical models that come out of fields such as horse bedding that are used in our business as kind of fundamental pieces of algorithmic trading
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. we somehow projects in our capitalist society, this idea that, that this is a safe environment for people to build up. there were tire, met time. it's actually a hyper competitive environment. and depending on the product there's, there's, you know, sometimes i feel safe for going into a casino than trading certain products in our space. i mean, it is a very different world than the way it's advertise to the general public. ah, oh, financial markets out of control and no longer has any connection to reality. why algorithms and robots produce growth. they only provide work and prosperity for a few. and it's this grows that's just drawing off future on the planet. the science that something has gone wrong with our system after come impossible to
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overlook. so why do we consistently ignore that? this is for tv. the food network puts all the stuff together for me, right? i'm dressing a lot better now that i was before, i did tell you know, they, they even higher your style. you know what i mean? you guys look like. so you obviously don't know what i'm talking about, but you know, this is a really nice quote. i come on with the most powerful name in financial television . wall street week is back up the news skyberg actually purchase the right the wall street. i view myself as a capital artist. ok. this company that i have created is my campus. i know you guys in the media don't like capitalism, but you know, someone's had to pay for the camera and the microphone. so, i mean, at the end of the day, the capital system is the only system that we've been able to design that works.
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let's talk about growth. ok. there is a perception right now in these elitist academic salons. ok, now we're not going to grow anymore. well, actually flat out wrong. if you study 5500 years of human history, we know human beings are designed that great intellectual curiosity and to innovate are so many things that we're going to do over the next 50 years. that's going to shock everybody in terms or capability. we're going to pull asteroids down from the asteroid belt that are loaded with platinum. that will probably be where the 1st trillion air comes from. we're going to unlock the ability to stop aging or destroy cancer cells in our bodies. all of this innovation is ahead of us, and there's a tremendous opportunity for growth. ah, there's a sense of desperation for this strategy. we don't want to be so realistic in the
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well, we would much rather have a total fantasy for our guiding star. we would like to have this vision the know we don't have to think about curtailing growth. we have to think about making growth, even stronger. we have to go harder for we have to make america great. again. we have, we can all be 1000000000 as we can all be, have property, empires and of course it's an illusion. and it goes back to exactly that same simple basic fact we live on a finite planet. that there isn't the space for the dream of this reinvigorated co wrote fetish around me. we live in extraordinary times. our world is becoming increasingly complex and many are disappointed to find that they are worse off than they used to be. but instead of doubting that you cannot make system, they turn to those who have profited from it. the most. those who continually
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promise new for these empty promises, more and more people that are apparently willing to sacrifice democracy piece and then vironment capitalism has reached a new level of escalation. but it's no longer suited to the world. we live in it and it's closer then we think the hello there. it's looking hot dry and pretty quiet for much of the levant and the middle east in the days to come temperatures have down in iraq and to wait. there are where we expect them to be, but the heat is still there. got to shema when that's going to blow down across iraq, and that's going to kick up some dust for q 8 for guitar and into parts of saudi arabia. so there'll be plenty of hazy sunshine come monday. we've got
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a strong southwesterly breeze, keeping things cool along the coastal areas of amman and yemen, and a few showers across the mountainous region of yemen, trickling into saudi arabia, and those join up with the strongest storms across that band. in central africa, some heavy falls expected for south sudan as well as the cameroon. and my cheerio, by the time we get into monday, we could see more flooding here. now as we head to southern africa, we are seeing the wet weather across pots of mozambique, edging into eastern areas of symbolic way. and for south africa, the interior that seems some wet and windy weather with some of the snow falling in high areas in s. what teeny. but as we go into monday, it does ease off to that east coast. and there'll be plenty of sunshine coming through for cape town. and for janice berg that sure weather the news release. the height of english
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football lies in elicit market for the rich and powerful one of the leading specialist work undercover just years investigative unit exposes the inner workings and key players in the murky underbelly of football finance. he tells me some people going, in addition has been said that you can make an elephant disappeared. i have many of the exciting brazen example i've seen the men who so football just madagascar, a breathtaking tropical paradise where its former protectors are now wanting to very we follow their journey as they put their lives on the line. breaking. it's all medical on out 0 on counting the cost
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of europe, paint funds to fight terrorism and counter china and russia in africa. activists say they'll provide weapons to dictate, but climate emergency costing billions, displacing 1000000 counting the cost. well now, just ah, me, baton bon takes control of every big city enough can stand apart from cobble. but now fighters are entering the province, but home to the capital. as they advance helicopters have been landing and taking off the u. s. embassy cobble to fly out. ah, i'm sammy's a than this is i'll just hear a live from dell hall. so.
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