a put them on air and who really engaged because we know that our audience who's interested not just the mainstream news, but also the more hidden stories from parts of the world that often go under reported me this is out there. i'm dirty navigator with a check on your world headlines. speaking from the united arab emirates, i've gone on a former president to us from gunny has defended his decision to leave couples. he says he left to avoid violence and denies rumors that he fled with suitcases full of cash, the report taliban fighters and open fire on protesters in the eastern gun city of jamal. about 3 people are said to have been killed and several others wounded. rob mcbride has more from capital. they said it was

a particularly ugly into the not i think it's being seen is really since the taliban just assume power a couple of days ago as the 1st major active defined against them. as john by this very important city, it is east of here towards the border with pakistan. and this protest began over the national flag. now since the taliban have taken power, they have very consciously been removing the gun national flag and replacing it with the taliban flag. we've seen that a lot here in the capital cobble. it's left. a lot of people very upset the damage to rural haiti following saturdays, earthquake is becoming clearer. entire communities have been raised in rural areas . there are the epicenter more than 2000 people are known to have died with rescue for tampered by bad weather. us president says he disagrees with the world health organizations warning against giving corona virus booster shots. terabyte and says

is government is capable of looking after its own citizens and helping the world. at the same time. the white house is unveiled plans to offer booster jobs from mid september. new zealand has reported 11 new cases of code 19 taking its total to $21.00. a 3 day lockdown was imposed when the 1st case was announced, the 1st in 6 months. all the new cases are the del for variance and are linked to an outbreak in australia. in france, at least 2 people have died and wildfires burning near the french riviera. more than a 1000 firefighters are battling the flames. thousands of people in the region have been evacuated authorities in bolivia, se fires there have burned through more than 2 and a half 1000 square kilometers in the santa cruz region since early august. it's ravaged crucial areas of the agriculture heartland. those are the headlines, more news at the top of the hour, but it's back to growing pains next on i'll just 0. ah,

ah, al jazeera went down to the pit. i believe you gross something positive. it's great watching our kids grow up or seeing a tree dro it we are always aware and all grows must come to an end. there's no limit. nature knows no such thing as infinite growth. his room seems to apply to

every kind of growth but one acknowledged growth. some are supposed to continue indefinitely. as one person recognized 150 years ago, the growth is the fundamental principle of all comic system. capitalism only works when the economy grows. callmax recognize something else as well. it is this growth that it will eventually destroy the system itself. and to day every reached at point is a system about to collapse or might infinite growth actually be possible to bloom the company from new york to place a central role in the financial system. since $900.00 eighty's 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 o'clock, bloomberg news agency and stock market channel broadcast. glad tidings of the free

market. our role in financial markets is as a provider of transparency. we provide a huge amount of data, huge amount of numbers on market, on economies. all companies provide a chronicle of capitalism telling the story of money vital, importing to believe that the central to luckily and dangerous is one of the most important numbers we look for advised a full school on the, on the state for the economy, steady, solid growth in financial markets usually reflected in solid, sustainable growth and economic sentiment in job markets. reason is that people, philadelphia, if you look at the textbooks, there should be no limits. but if you look in the newspapers of the moment, you get the feeling there is a, is a can brain growth. the central question now is whether, when a cyclical slung,

or the something structural is going on, they get dropped in 2008. my release as mission systems, empires based upon people's remaining to have confidence in the information they giving out on the promotion of the ideology in the narrative, which finances base round, which is increasingly become this kind of game show approach. for a period of time, everybody wins. and then as number of economists, marks, canes, and pointed out is eventually all these menus go up a lot in the crushed to those heavy lobbying by the financial effect 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 little credit in the system, then you must be growing your real economy. but actually what was happening within

that system rather was that you freed up all this money, which was then used to bet on the increases in the value of certain companies and certain shares and the 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 fast. 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.

aah! when i was a kid, i couldn't afford to fly in an airplane. i actually joined the transport industry before i ever fluid in. today people take flying for granted its shape the 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 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

tomorrow's passengers and tomorrow's customers. in addition, for those of those in developed countries who take flying for granted the last 6 years, more than 100 brand new applicants to g, l i and same charge on airplanes. every string days, the changes spent takes of the new train in to turn them on and we don't do all the world gone for so don't tell me. and i know you've been,

we're currently we have slightly more than 200 pounds in china in 1010. and 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 perspective though market, i cannot to 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

social benefits and the economic benefits was a vision 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, [000:00:00;00] in awe

for decade grows was kept on that support was debt only if you had the courage to say that the party couldn't go on forever. but no one listened to them. in september 2008. the time had come to the house of cards, collect it's 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 that we knew was weak. we expected to go. if 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 . 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 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 company's 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 free 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. then something incredible happened. the banking crisis miraculously became a sovereign,

that crisis drive it that became public debt. governments and the citizens are subjected to a 30 policies, and there was millions of people who suffer to this day. banks and stock markets however, were keen to demonstrate the sense of novelty as soon as possible. in reality, nothing is as it seems. capitalism of after crisis, but no longer functions like it won't it 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 also believe this 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 trading desk, i talked to people who know 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. what percentage we have very clear market leaders. and the reason we've had it is because better prospects for earnings in the 4th quarter. remember what the market leaders have been energy tech and bank lagging today. and in bank, that's interesting. bob, tree's 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 on capitalism. doesn't help people. i completely disagree. what i see in the last 150 years is millions of people have 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 underfund. i went to new york, all of that stuff and towels, and mention of the pocket schedule for me to put a dimensions in them to would have to move in the fall and i didn't start from talking. it's not power will not be hard. and i was in that one of the new york stock exchange, but the good news about anthem into the machine just about when we are in the i think for the desk type, you're speaking,

but it wouldn't even be given the bill off the top not given that isn't an even spiking well then starting him off the acting, causing the come enough for the home. the amount of have been on tuition that the i love the shop $1000.00. if you have it with ours, i'd love that side, but it wasn't continent bob kind of talked about getting tied to giving the thing in starting developing was dr. mark believe the vital when conflict, which one to build up on the kids up the the, i think what we've seen over the last few years is cracks in the, in the shiny surface of capitalism. and the 1st floor they look like, you know, they just look as though something not quite right on the way the light reflects off it. and that 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 heart of the basic ideas of capitalism in does capitalism to work, can the system deliver what it promises? providing gross jobs and prosperity for all. i me the on both sides of the georgia smart factory and that's going on in the mid on, on the, when it comes up to me not turning on the fuse. does the white light your instead use a couple hard life talking me up online. bring been eunice box been really corporate top, isn't bob, that's in the future. and then the under to,

under that insult didn't quite understand. and this is all fine. not to look at that, but not to do that. not to do that for me ever since the industrial revolution, machines have been replacing human labor there because in great society upheavals, but until recently they had only replaced the physical labor human. now machines are capable of doing what makes us human. unique able to think it's a completely new chapter in human history, which will have massive consequences on how we live and work can technology. thanks watson, can i be? i'm watching as a technology. i'm like any that's come before because rather than force humans just like a computer and interact with humans on human terms,

the death certificate. and so i'm, i'm in the cognitive. i'll still understand that even when of the complement landon, when damage get somebody, be there that one kid and vince don't get any licenses, seem in how to buy something length unemployment will be. and, you know, discuss the context interprets, you have to sustain begins to lamb, went on goals, tyler testing, but also the not. i've been with him. i'll talk atlanta. are you interested in drinking at that rate and understand the notion take an express emotion differently. just having as well as a right to me and i think that might be able to relate it to the nation and hardware and software design to interact with them, bringing them, showing me stuff i went in and farm said about to soften and getting tired of him,

i increase in the level of the high nuclear mind ring. when does an ex phone him to the league in the future? algorithms and robot will be able to carry out every would previously perform millions of jobs to these new technologies to provide the can only growth, but not much in the way of job. and that could endanger, have to be able to purchase order nice things to mass produced every day when there's not enough people who can pay for them with their wages ah, in

with, 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 offset trade. there's really no human in our bench. and 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 betting

that are used in our business as kind of fundamental pieces of algorithm trading. we somehow projects in the, 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 advertised to the general public. ah, oh, financial markets out of control and no longer has any connections to reality. why algorithms and robots produce growth. they only provide work and prosperity for a few. and it's this grows that's destroying our future on the planet. the science

that something has gone wrong with our system after come impossible to overlook. so why do we consistently ignore that this is for tv or 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 really nice quote. i come on the most powerful name in financial television wall street week is back up the news skyberg to 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. let's talk about growth. ok. there is a perception right now in these elitist academic salons, ok, that we're not going to grow anymore. well, i should flat out wrong. if you study 5500 years of human history, we know that 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 world. 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 it. we have to make america great. again. we have, we can all be billionaires. 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 growth fetish around me. we live in extraordinary times, our world is becoming a, using the complex and many i disappointed to find that they are worse off than they used to be. but instead of doubting the economic system,

they turn to those who have profited from it. the most. those who continually promised new for these empty promises, more and more people that are apparently willing to sacrifice democracy, peace and then vironment. capitalism has reached a new level of escalation. but it's no longer suited to the world we live in. it's and it's closer then we think the hello come with me. we'll talk about the weather story across the middle east and you know, i gotta tell you, some of these temperatures are below average. we don't say that too often. do we? so for example, re add $41.00 degrees and q $844.00, there is a reason for this. think you age and that's because of the small wind, but the wind will be switching direction toward the south east. so that's a breeze coming off the golf. so it's going to ramp up that humidity. you're going

to feel that big time as it bumps in and your temperature will now job a bit. now, through pockets that were seen the return of mon sooner moisture toward the north, mostly up against the foothills of the himalayas on thursday, up to the mediterranean with the focus on turkey, mostly dry, but a run of rain passing through the bus route. so that will impact the stumble with a high of 30 degrees. so i can about the rain and storm through the tropics of africa, pretty much anywhere from western kenya rate through to gabon and camera room. we will see those storms flare up on thursday that further toward the south. it's unsettled for both the western and eastern cape. we'll talk about those winds in a 2nd. but 1st, let's focus on the positive johannesburg wall to wall sunshine with the hiv $21.00 degrees and promised we would talk about the winds for the eastern cape. got seen up to 55 kilometers per hour, and now you're up to date. she's in the news as

a resurgent taliban retakes up gannon on female activists. journalists and even school goes on to threats. one on one east investigate the fight for if stones women on al jazeera when i think of my nature, i think of potential when i think of potential, i think what would be, what is not i think of young people literally take them to the island and do something that they can tell possible. i think it the challenge i move isn't a child in the country now. my name has been. gotcha. so and this is my my, my dear on i'll do there. ah, the latest news as it breaks down here in the north, again, doing the best job they can. we've seen one water to teen at wells far further with detail covering the government is the taliban is relying on human shields and

losing people shot them home from around the world. the price talked to the games have officially felt $15000000000.00 that already the most expensive some games ever stage. oh i we're going to do everything in our power to get all americans out and our allies, chaotic evacuation of capital airport forces us president joe biden to rethink putting our troops by the august 31st deadline on resistance bills against the taliban in northern afghanistan. as political talks continue in couple over transfer of power