we'll still be speaking not on the record some of these are in closed door sessions that press are privy to at all but some are there really about talking about the impact of democracy the in baghdad people that are upset over inequality or is this about figuring out where the best investment opportunities lie that's what we'll have to find out we'll keep you posted but for now i'm lauren lyster here in davos . but progress spacecraft has launched from the baikonur cosmodrome in kazakhstan but it's not on its way to the international space station this is the first space flight of twenty twelve it's expected to reach the softer to the journey the cargo ship is carrying more than to win the whole tons of fuel food in the equipment as well as personal packages for crew members from their families. of the six people stationed at the arsis monitoring and conducting scientific experiments. there are some world news in brief for you this hour eighteen story building has collapsed in the center of rio de janeiro say that people are dead and up to eleven could still

be trapped under the rubble dozens of firefighters and paramedics are working at the scene looking for survivors thick layers of dust and debris cover the surrounding area making the search difficult eyewitnesses say there was a strong smell of gas an explosion before the building collapse. libya's defense minister has arrived in the town of bani walid after loyalists of formally reminded of the seize control of the area on monday the minister has begun to go she ations with a militiamen who drove out pro-government forces three days ago four people were killed and twenty five others were wounded in the back retaking of the town is the first major challenge to the new government's authority. one of the owners of the cruise liner that capsized off the italian coast denies telling the ship's captain to change the vessels route this comes after captain francesco schettino told a friend he was pressured by managers to steer the ship to be area where the collision occurred because when he says the captain was going far too fast to be so close to

shore tina was under house arrest facing charges of manslaughter and abandoning his ship before all passengers were evacuated from the vessel. the farms of rural america produce around thirty nine percent of the world's cotton every year but all of it ends up on dinner tables instead of feeding the hungry almost half of the u.s. corn supply goes to making ethanol in order to power american cars and artie's it christine for some reports this has many are asking which is more important food or fuel. it is a process that comes. with a price tag for the american way not just from farm to. but from farm to fuel and this is where it all starts where the thieves are planted and the corn grows it is the most simple part of a process that has become anything but simple the production and use of ethanol one

largely considered an environmental one has become very political being blamed for everything from the power of the state of iowa to world hunger fifteen percent right now of the food increases in this country that you've seen in the last year are directly associated with this policy that policy a subsidy paid by the u.s. government to encourage the production and use of corn ethanol it lasted thirty three years and cost more than twenty billion dollars oklahoma senator tom coburn led the charge to do away with the subsidy and won but the government mandate requiring oil companies to use ethanol is still in place so just about anywhere you go ten percent of what you put into your car is ethanol. even if your car is a race car.

nascar's partnership with ethanol a sign that the pressure on the corn supply will continue forty percent of last year's corn crop. went to ethanol now leaves the other sixty percent to go toward food for people and animals and with the price per bushel more than doubling in the last five years it's no wonder food prices are going up when demand goes up the corn for farmers plant more corn is that ethanol but then they can't it's not so research scholar tim searching or says that leads to the shortage and increased prices of other crops and it's not just this country in other countries where people rely on corn meal as one of the only meals for their families. the price hike has been devastated. ethanol farmers and plant workers argue that the claims are exaggerated since leftovers are actually used to make high protein animal feed

everything else from the fiber from the protein. and the fat though the corn oil is left over that is what over and rated for animal feed it still doesn't change the fact that one sixth of the world's corn supply is burned in american cars that is enough corn to feed three hundred fifty million people for an entire year. raising the question of fairness in the increasing competition between fuel and food. in iowa christine for south r.t. . butters have for us now they suspiciousness. i've. passed the are you watching business r.t. emerging markets are suffering from their biggest capital outflows since two thousand eight and that's when advisors cross border capital says in the past four months it reached two and three quarter trillion dollars and russia is no exception

last year money was leaving the country faster than predicted but speaking at the davos economic forum the head of the country's direct investment fund told r.t. the negative trend should reverse after the presidential elections in march if people like you could evolve you know we got the elections for. a few successful people come before the elections where the queue for the way that you just said was a risk we believe that the old you could go with the chicken hawks if you like three because russia that group called was very strong discuss what you get when you go sort of looks like there's the slow discussions with the leading investors to the world let me ask the russians we. would not stop with the sections of the next one months it would be close election. it's been a record year for russia's investment company the t.v. capital the board chairman says two thousand and eleven brought a strong portfolio growth and expectations of double digit returns and an interview

in davos you told business r.t. about the company's expansion plans. so we started doing some business in the sr you know piece like here that we're looking at some of the country in the balkans these be specific pension will be even regions where we continue to be hurrying towards him in the world has become weak to deal with. your sources because it was a system because. it was a great expansion rounds in the american dream. and let's take a look at the markets oil first standards heading higher the sour got a major boost on wednesday when the u.s. fed reserve kept interest rates at record lows the low cost of borrowing supports the u.s. economy boosting world demand this hour the w.t. on is topping one hundred dollars a barrel brant is at one hundred ten and we've already. and now on to equities

asian indices a mixed two q.'s nikkei continues to slip into bread sliding down from wednesday's close near nearer three month high in hong kong the hang seng is gaining value it's now all more than one of the house percent hires traders come back after the lunar new year holidays. and the russian markets wide bullish on the second hour of trading stocks the r.t.s. has already managed to put on more than two percent the my six is more than one percent higher and let's check out some individual shares on the why six banking stocks continue to rally on improving sentiment about the eurozone debt crisis very bank is up one half percent of the sour russia second largest lender of the t.v. is also adding roughly want to half percent at oil major rosneft is up for some. russian banks increase their assets by a quarter last year and while the t.v. managed to grow old a sixty percent as bear bank is still staying ahead of its rival its assets

exceeded three hundred seventy billion dollars which is twenty percent more than the year before. bank of moscow rounds out the top five it managed to increase its assets by almost forty percent after it went through a sanitation procedure and received a record state support. enough a little later from the business team i'll be back in less than an hour asking about.

russia would be so much brighter if you knew all about song from funniest impressions. who for instance on t.v. don't come. wealthy british style. that's not on the time. markets why not come to. find out what's really happening to the global economy with mike's cause or for

a no holds barred look at the global financial headlines tune in to kaiser report on our. and discover its beauty. communicate with the wild and. test yourself and become free. see what nature can give you. permission free credit take free cruise for charges free

arrangement free. three stooges free. download free broadcast quality video for your media projects free media oh god r.t. dot com. good to have you with us let's recap our main stories now vying for votes online a new dynamic in russian politics as millions of people take the internet ahead of the presidential elections viral videos and creative campaigning holding more sway than ever. a call for action the u.n. faces arab pressure to adopt a resolution on syria to push president assad from power russia has made it clear to veto any security council move that would allow military intervention. in the

plans to enforce an anti piracy door in poland. the people on the streets on the wave of cyber attacks on government websites testers are saying the agreement designed to protect intellectual property rights will lead to censorship. and stacie to clear this support for a new kind of movement because a report is next. max keiser this is the kaiser report you know we hate banks there but we hate hollywood even more stacey max there's been a call to revolution kill hollywood this is a headline from the reformed broker dot com and josh brown says when the revolution begins and becomes apparent one doesn't sit on his porch and watch one gets his gun off the mantle and kisses the family goodbye on his way out to the field oh yeah

all the wars on the kill i want to have prayer started you know we have the occupy wall street movement on top of the arab spring movement but this kill hollywood movement is really interesting because it sets the sting for a civil war in america yet domestically in california with think northern california silicon valley the tech community versus hollywood the old oligarchic neo feudal caste system but so reformed broker however josh brown is that talking in particular about why combinator this is a startup seed founder and they looked at this situation they saw sopa and they said hollywood appears to have peaked if it were an ordinary industry film camera say or typewriters it could look forward to a couple of decades of peaceful decline but this is not an ordinary industry the people who run it are so mean and so politically connected that they could do a lot of damage to civil liberties and the world economy on the way down it would

therefore be a good thing if competitors hastened their demise right so why combinator is a seed fund capital farm which is pretty thanks for capital farm it's an integral part in the capital formation that is nasdaq that is the huge growth that we've seen in online and where. two point zero now they've taken an adversarial position against hollywood because they recognize and as they say in that quote they're mean they're well capitalized and they cheat and there are ability to undermine the system and to destroy free speech and to destroy a lot of what makes the economy grow is such that they need not to be left alone to just with their away and die they need to be actively pursued and killed the industry of hollywood needs to be killed and you know he he says that they're going to get violent and nasty on their way down and we already see that we saw that with

soap and he said this is for y. combinator says this indicates to them that hollywood is dying poor chris dodd is the next headline the former senator and now c.e.o. of the n.p.a. can't catch a break so he looked at the situation the defeat of sopa and he said it was just a p.r. thing and that he blames in particular the tech community he blames silicon valley he said you've got an opponent who has the capacity to reach millions of people with a click of a mouse and there's no fax checker. is afraid of him. but crist you know he's one of these extraordinarily corrupt american politicians who now runs in p.a.a. and what is the n.p.a. in motion picture association of america you know from here there may mention a lot of the r i am the recording industry association of america and these two lobbying groups on behalf of hollywood and the extraordinarily narrow interest of the copyright cartel who is always for extension of copyright is put

a muzzle on speech in america and on innovation in america to satisfy the whims of just a few oligarchs copyright cartel oligarchs in los angeles and as i mentioned it's a bit of a civil war because you've got the tech industry in northern california they've got the copyright laws in southern california and now these two are at loggerheads with each other and. we're siding with the technology of course the open source and the free speech the copyright cartel and hollywood it is an ugly mug not believe position that's done incredible damage and i'm glad to see this fight finally spill out into the open it's been in the shadows for a number of years now it's a mainstream fight the main event now i want to show you just how america operates on this monopoly system here they have a digital dictator chris dodd he's the former senator for connecticut before that he was a congressman i want to show you a picture of me in connecticut one nine hundred seventy five. that's the year that

chris dodd first became a congressman noticed something i was a little tiny girl exactly like all those people in tahrir square who only grew up who only knew barak i have only ever known chris dodd and joe lieberman they were always our counters per cent are always our center they were always ruling us determining what connecticut could do and here he is he goes over to the n.p.a. and the whole internet space suddenly has become a genuine threat since we barak was overthrown yet you mention mubarak and the mubarak regime toppled quickly because of the facebook revolution. move barack off guard obviously the entire region is still trying to figure out this whole thing of social media same thing with hollywood they have been quietly putting in for copyright term extensions for decades they've had their way for decades suddenly mobilization against sopa and people within a day within a week it was defeated in washington with lightning speed justice and those and

those laws those those all of darks and hollywood were taken down a peg similar to the way mubarak was taken down and then the fight is on other people realize that hollywood is the enemy of free speech when mubarak realized the danger to his monopoly he controlled the all industry essentially in egypt as his private fiefdom now compare this to the n.p.a. hollywood realizes that there is a genuine threat to their monopoly position and what do they do they go on to state television fox news and threaten. the soldiers if they don't do enough violence on their behalf m.p. a openly threatens to pull funding from politicians who oppose them so chris dodd the head of the motion picture association of america went on to fox news and he said those who count on quote hollywood for support need to understand that this

industry is watching very carefully who's going to stand up for them when their job is that stake don't ask me to write a check for you when you think your job is at risk and then don't pay any attention to me when my job is that state it's a remarkable admission that these politicians are for sale and he's saying that unless you continue this monopoly position we're not going to be supporting you in washington anymore and that's really a remarkable admission and it shows you the stakes involved and it shows you why the internet community is mobilized now to take hollywood down and that's why y. combinator a seed capital firm has written an open letter saying we want to kill hollywood i mean this is an amazing admission by an integral part of the capital model in the united states that they're saying they want to kill hollywood and of course there are business models in the wings my own power my film dot com which is geared

toward doing exactly that the other important thing to know here is here he is going on to fox news state television and he's threatening politicians to give him more funding to bail him out who is the man who actually wrote the legislation for sopa that was lamar smith a so-called tea party member he's demanding that the f.b.i. operate as their collection agency i imagine here's an industry the motion picture association which their product hollywood films very few of them have ever made a profit probably less than a dozen in the last thirty years have ever technically earned a profit now imagine the tea party is freaked out that barack obama bailed out g.m. . at least they made a profit in many years and they do make a profit when they sell a car hollywood doesn't actually make any profit they claim so why are we subsidizing why would we get the f.b.i.

out what should they start making sure nobody buys toyotas in order to protect g.m. from their you know bad habits of building cars that nobody could afford to operate or yes the hollywood accounting as it's call is the original enron style accounting they book any incremental profits in the short term and then they amortize losses for infinity the executives pay themselves on this cookbook mentality and now you see it running rampant throughout the entire economy the banks on wall street for example they book all their short term profits they dump the losses into the public domain so this is now being carried back and forth then the insider trading between hollywood washington and wall street exchanging information then there's another lobbying group the creative coalition nice to be on the board of that organization and now the people are beginning to realize that hollywood is the enemy we need to kill hollywood. and part of that is that they don't want ideas to flourish because this global cartel system that we see the oligarchies that controls everything they

realized in the last year since mubarak was toppled that ideas are so much more powerful than even one of the most heavily controlled economies in the world so you see this also in the currency that has kept that alive is the dollar and you also see the same sort of response as sopa to the dollar currency wars iran banned from trading gold and silver reuters reports that the e.u.'s agreed to freeze the assets of the iranian central bank and ban all trade in gold and other precious metals with the iranian central bank and other public bodies and around max so this is just supplying to the your paean union they also are not allowed to trade oil with iran so how do you think this is going to affect the euro the dollar and will it preclude china russia or other nations like india from can to operating no course on its financial suicide of course because it doesn't preclude china china wants

gold iran's got goal they're going to do deals with china and china is preparing itself in this currency war for a post u.s. dollar reserve world and also you've created markets you created the hollywood stock exchange is gold and silver are they fungible commodities of course i mean this is shows you how arrogant these policymakers in europe are and why they're going to lose this currency war it's very simple that's why gold is over going higher so of course i said it also applies to oil india joins asian dollar exclusion zone will transact with iran in rupees indian iran have agreed to settle some of their twelve billion dollar annual oil trade in rupees resorting to the restricted currency after more than a year of payment problems in the face of fresh tougher u.s. sanctions so zero hedge concludes that to summarize japan china russia india. around the countries which together account for the bulk of the world's productivity and combined are the biggest explorers and producers of energy and now

they're all coming up with bilateral deals thus obama's policies are actually creating this situation the final death rattle of the u.s. dollar as a reserve currency and they hope that this will somehow stimulate their exports at the end of the day and save america and create jobs but what they don't understand is that all they're doing is that they are empowering every single other nation on earth who from to be able to escape the seniority that is the play of the dollar and to grow independent of the u.s. and to completely divorce themselves from the u.s. and it also is the exact same sort of moment why combinator is a seed capital fund for the internet space. china is the seed capital you could think of as for capitalism at this moment they're the only ones with cash reserves financing a lot of things so they must look at this in the same exact way that y.

combinator looked at sopa y. combinator looked at sopa and saw all the death rattles of an industry china has to look at this and see the same exact thing that they're running out of ideas if they're only ideas to shoot somebody it's certainly a good case to continue to keep accumulating gold and silver states never thanks so much being on the kaiser report thank you max go in much more coming your way so stay right there. discovery to.

test yourself and become very. nature can give you. guys are welcome back to the kaiser reports i'm not to go to california and speak with author radio show host mike rupert of collapse not dot com mike welcome to the kaiser report max great to be back with you're all right mike rupert you're in california home to both hollywood and silicon valley what is your take on the soap of people debate how is it playing out in the local news there in california clearly in. in california my take is that the press and the people perceive that sopa and pipa are in a dire straits and i don't think there's much hope to resurrect these bills the opposition has been pretty uniform i just made a trip down l.a.

recently and met with a number of people in the movie industry and i did not see a lot of concern about it so i think there's another agenda being followed right well clearly it's an assault on hollywood there's a venture capital firm now coming out saying kill hollywood with new ventures that will undermine the hollywood copyright cartel it's an assault on freedom of speech and there's a bit of a civil war because the technology is in northern california the content copyright cartel is in southern california but is it just a sunshine in the end the dope and the drugs that make them impervious to what's going on well i think it's what we're seeing all over the world as old ways of doing business are just no longer viable and no longer productive this is kind of an evolution and i think it's a healthy one where we see more access to copy by more people instead of people holding on trying to squeeze the last nickel out of a lot of an orange now be we've seen a really almost like a move barack style crackdown on the internet by the u.s. government over the past year what do you make of that while we had the big

crackdown on make of low recently which was a big blow which prompted an immediate response from around the net and that and the community anonymous struck back i found it hard to have a lot of sympathy for a mega upload having been in film myself and having my income depend upon back in net profits which never appeared but nonetheless i don't think it's a major blow and i'm much more concerned about what's hidden behind the soap boxes simpson poses only as a measure to protect. legitimate copyright or ownership interest for creative works i think there's a much deeper agenda to show off websites like yours mine and many others around the net that's that's that's buried in the language of the act all right but. aside from the obvious censoring what they would love to do in the us because they hate the idea of competition but.