the international consortium of investigative journalists has revealed that leave value of assets kept in the virgin islands singapore hong kong and the cook islands is estimated at thirty two trillion dollars the consortium says the home of these companies has lost up to one point six trillion dollars as a result so earlier today i got a legal perspective on the matter from gold. standard text the word in this probably not the right term excepting the dacian does it take some words and sounds like. a criminal event or criminal offense but take six of demonisation obviously the offshore accounts and the offshore companies the guy kind of months ago obviously served for the tech septimus issue and this is why do you read it the more court of tax more such as it is so do you think that there needs to be more laws in place to avoid this optimize ation as you call that well it depends on the beach particular state of origin or money. what would likely achieve we'd like to

collect more taxes from the companies which are registered on both jurisdictions then obviously there should be there has been taking by the country of money origin or country from estimates this nation to prevent the tech sector is asian by this way or those for sure for a day just to be forced to change their local their decisions if their glory wants and your goodness wants to. be true to the effects of immigration on budget in the future do you think that this scandal that come out do you think that this will make a difference do you think it will change the rules of the game somehow well i don't think that the scandal itself will change their. rules of the game to get one knew about it probably do nobody mounts but different. the parent situation in europe.

has to be taken by you it's got a first name and then probably us two. but is not the business can go that's because the economic situation and the the scared of itself is just a trigger would somebody. to raise the issue reza to make it as a reason to change the us to move into these drug addiction said is that. now moving on with a new threat of bird flu happening in china drug companies could be set to make billions of dollars once again as discussions take place on if and when to start making a vaccination china will no doubt want to avoid the british example the swine flu that never was but still cost the british taxpayer one point two billion dollars after the government panicked and splashed out billions on vaccinations but there

was some gainers the drunk the drug companies i should say including pharmaceutical giant glaxo smith kline which made over a billion dollars from sales of vaccines alone last year in reality just four hundred fifty seven people died from swine flu a third of which die of regular flu every year at a time when the n.h.s. is under pressure to make billions of dollars of savings by twenty fourteen and a doing so by slashing jobs now some are suspicious experts believe that the drug company is do nothing to diffuse such concerns and even go as far as calling it market manipulation one example of this would be the investigation into russia's top make up to back of the information mysteriously appears in the media on the return payment of securities which resulted in an eighteen percent climb in the stock price the accusations can. to new to this day and talk of the markets let's

check them out just now but the u.s. ones just here they are indeed extending their biggest weekly drop of the year after data showed that the nation added less than half of the number of jobs economists forecasted in march as a result it's expected that the federal reserve may continue buying bonds eighty five billion dollars per month the rate that they're currently at at the moment through to twenty thirty european stocks the most in. u.s. work force data didn't the mood and airline shares fell as the bird flu concerns spread in china as well moving on you'll be able to see what the russian ruble did today can see is makes it gave to get to us dollars that fell for the common currency the russian markets then they finished up the day. after a pretty dismal if we can actually with that negative international data and oil going south as well and one of the top stories today russia's gas major gas from the big news after signing a memorandum on

a camel europe to pipeline which will travel through poland and hungary at a capacity of at least fifteen billion cubic meters of gas a year. moving on russia's spare bank is buying twelve boeing's planes in a billion dollar deal is the first time that the country's financial state institution requires aircraft directly from boeing spare bank will be leasing the new generation seventy seven's to the national carrier trans arrow but i says the deal will help but lay the groundwork for developing an environment for finance and operational leasing of imported aircraft in russia and staying with them in an exclusive interview to r.t. it had her ingress said he hopes credit rating agencies moody's won't change the bank's rating after the agency threatened to downgrade russia's largest state owned banks. their decision is not related to our

financials it shows their concerns about perspectives of the russian economy but it's not always the case to relate these two our ratings have always been higher than the sovereign ones and remain this way we hope we'll work it out with moody's disputes than coming up next on our table a trace a cat stay with us. wealthy british. market. can. find out what's really happening to the global economy max concert for a no holds barred look at the global financial headlines tune into kinds a report on r g m and so should the u.s.

city in europe come the host of the twenty fourteen winter olympics. see. such. a. dog days it. is a. sitcom. to see if it's so true. hold it. hold it. i live on.

the street. i wish i. could bomb it. lucky. her and. her. little mouth by no means very little. to fear.

please. look. more news today violence is once again flared up look these are the images the world has been seeing from the streets of canada. for a shelter all day. look. is is trash to get rid of. but it's also

a treasure. worth fighting for. and a trap was no way out. to the ski pole language. program documentaries in arabic it's all here on. reporting from the world's hot spots the v.i.p. interviews intriguing story for you. he's been trying. to find out because it. couple.

the book about international and war in the very heart of moscow. when i've done your bushell wall street muppet the following the looting of america coming up. the man who jailed a thousand the bankers tells us how to do it. twice the size of the u.s. economy exposed offshore. and wall street cons the nation's last assets.

again street big five goldman fifty chase bank of america and morgan stanley of course pervasively rule to tell haynes stolen from virtually every pension transaction on lawfully foreclosed this is the result of the homes deliberately sold products than to give the committed to trading manipulative prize the finest poems these tried to destroy evidence and droids rates because they just these politicians mostly lingle executives at these banks is being charged the justice department's that no one has b.c.'s getting indicted for systematic criminal activity see the a just b. c. officials but terrorism financing broke the bank secrecy act broke the trading with the enemy act it would fix the trillion dollars in suspicious transactions and gave favored client states to. wall street executive richard isco do us

a flavor of the favored cloying we're talking about the mexican cartels that have killed more than sixty thousand people whose preferred modus operandi is to come into a town cut off the heads of sixty prominent citizens and then leave them in the town square or as they did at one point roll them out onto a discotheque floor on saturday night so these are the most horrific killers on the planet being protected aided and abetted and rich by the largest banks in the united states or a list like j.p. morgan since obama calls it well managed for wall street bank how many croyde makes well managed it's really really bad they had entire teams of untrained college students who were known within j.p. morgan chase as the burger king kids because they'd get takeout hamburgers and sit down and generate these false statements in order to facilitate foreclosures that

was done thousands. upon thousands of times you worked. street give us some insights they'd sell them some trashy investment and then they'd hang up in the expression was i ripped his face off this is their own customers when the oliver stone movie wall street was made and the main hero who you may remember gordon gekko played by michael douglas oliver stone wrote him up as a billiard villain but he was a very popular figure on wall street to the guys there he was a hero and when i did stock real estate speculation. you got ninety percent of the american public out there with little or no net worth i create nothing. i. will blood job over a thousand top because in the ninety's during the last bank crisis. how many buying cars should be in. the current crisis is at least eighty

times larger than the savings and loan debacle there are zero elite wall street fraudsters who caused this crisis in prison there were over two million fraudulent loans may have been simply said that the bank is too big to prosecute they said senior bank officers are too big to prosecute they have immunity as well and they've even said that former big officers who aren't even working there can't be prosecuted now of course that's insane threats to the crooks make to try to sure i was sued for four hundred million dollars in my personal capacity by the most notorious fraud charles keating's lincoln savings they hired private detectives to investigate me twice they tried very hard to get me fired including by the speaker of the house and keating

put in writing highest priority get black kill him dead they come running after the first five hundred six hundred convictions to do a plea deal because they have no real bravery they have only the flow bravery of the bully picking on the smallest homeowner who's go both blankfein taking a break from doing gold's work to cut the safety net you're going to have to undoubtedly do something to lower people's expectations the entitlements and what people think that they're going to get. because it's not going to they're not going to get social security medicare medicaid money things and you know you could go back and look at the history of these things and social security wasn't devised to be a system that supported you know the retirement age has to be changed maybe some of the benefits have to be factored in title means have to be slowed down and

contained they do your calling as did the old and sick cools the world economic crisis this incredible little bit of judo where we have deal beats trying to tell us we should be upset about social security medicare and you know high living seniors when the reality is all the money's gone to the top one percent. so i tried to rob regular thirty of us but u.s. banks already have those plans in place this shows they're preparing an even bigger christ is in which taxpayer bailout enough is by the federal deposit insurance corporation supposed to guarantee us deposits returning the operations of globally active then weekly important financial institutions that's the wall street for life would be provided by converting the cure a bit from original creditors of the failed company unsecured debt from credit is

fine and speak for regular savers it means your money is no longer thirty four mobile three smith thanks for joining us you wrote us save us both even the reason that u.s. depositors could be at more risk even without any rule changes is the fact that we have in the two thousand and five bankruptcy law there are actually creditors that are senior to depositors u.s. media talk about russian only goes keep your money and you write wall street oligarchs ahoy demote scariest films that's correct you know that it's you know basically it's someone else's tax haven it's a problem are tax havens art. people have traditionally seen tax havens as used by drug smugglers and. fios but the big users of the secrecy jurisdictions are the banks. through the record profits through this crisis james done many of them benefit from downturns those profits of being dashed off shore the u.s.

economy just fell again but thirty two trillion dollars is now in havens that's double america's growth domestic product it will straight to play for places to hide their cash from the irish fuels known as ploy of buying u.s. virgin island choice fall go and bank of america like havens should really be called crime i even get not just tax but criminal safety and employment laws emotional and provided quote the anything goes on regular to play with people to arise and before away wall street favorites like gold is the key to a written off florida they came in the island of america j.p. morgan goldman sachs are all based in this building and the world leader in type division is fifty group which has hundreds of all shills around the world hundred twenty one in the caymans a load you treasury secretary jack lew is the fifth you'd think they're at least fifty three thousand dollars fifty trying to suppress this chilling internal report

called income inequality quote perfectly natural but worries americans still have a vote. the u.s. is a plutonic me and it's hard income inequality the exceptionally rich drive the appallingly low savings rates overextended consumer and unsustainable current accounts all our friends in academia politicians consider imbalances perfectly natural we want to examine how to make money from this this is not without its risks political enfranchise ment remains as was one person one vote and n.g.o.s compiled all the walls official investigations into all shows for the way the biggest illegal in. three but every page is blank because there hasn't been a single official investigation the u.s. justice system as the conviction rate of ninety million pathetic that includes an estimated ten thousand wrongful convictions a year when it comes to catching criminal money that fullfil no point one post said

no one is oh sure and here's the reason why. if you speak up in all shore centers it's suicide there's no way you would find protection she shops the palm of one hand with the other for emphasis have you seen the john grisham film the farm it's worse. ok. ok. just the me think. his name. was julio iglesias. big chief economist consultants mckinsey james everything's coming on food digging the highly dangerous right but it can be done well i've had my writings with people i've investigated you know some of them are went to jail and a good example was general noriega now and i was back a meter nine hundred eighty s.

i was an investigative journalist went to panama came up with three years of the general's international phone calls don't have it in the press the press that's going after you know an investigating people in power and people who have extraordinary wealth then you know you have a system that's just not functioning democracy. i mean stripped us home job social spending and ship the profits oh sure wall street mail targets america's loathing male dell. flaws that us tax leaving investments in infrastructure trash removal power plants low. in a story states there were one hundred hedge funds led bubble street banks a telling tell the world to fill the last as this with a big cut for wall street the stephanie killed them thanks for joining us custer at fifty it gets a one off but is only built in the public interest when you sell them they're gone

for good is the long term decision for the short term fiscal innate in response to a short term fiscal crisis that made themselves create wall street has left the described in old code of tomes but in the republic just this good world state was the whole people know except in the u.s. this robe you seek truth from facts this is the truth.

i mean so i'm the only city in europe i'm the host of the twenty fourteen winter of the pick a. thank you. thank you. doctor. sudsy it's so. secret laboratory. was able to build the most sophisticated robots which

fortunately. found anything tim's mission to teach creation why it should care about humans and world this is why you should care only on the dog.

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limits a good list. just send them out and look at it and. tell my son i'm a little.