the fact that people feel comfortable that they have lost the fear that they have lost the sense of urgency and that they think we're out of the woods yet we're not out of the woods growth is very slow unemployment is historically high. inequalities are growing there's a great loss of trust in everything that we have built in a hundred years in all our institutions so we're not the crisis is not over show let's continue to work hard don't feel complacent now one thing that run through the forum was income inequality and the dangers that can come from it the rich getting richer and the poor getting poorer. doubles is the highest part of europe and it's a place where the global elite come here to discuss how to enrich themselves and of course improve the lives of the ninety nine percent that live down in our house try

to raise our image this year of the hierarchy system by introducing the topic of income inequality which the forum said was the biggest threat to the global economy right now but you know when you've got eighty billionaires in attendance it's quite difficult to take that one seriously as a certain element of irony to that and according to the latest reports half of the world's poorest population that is three and a half billion people now have the same amount of well as the eighty five richest people added to that the one percent richest now have an accumulated wealth of one hundred ten trillion dollars that's sixty five percent more than the world her from up here is difficult to imagine how those people will become a priority for the people of double well we are all equal in the eyes of god no matter how many millions or billions that we might have to weigh in the bank at

this time of year the whole of devils gets involved in the financial for even the church itself year after year a columnist some politicians would come here praying for a solution to the financial crisis. no i caught up with the nobel prize. winning economist robert on the problem here's what he had to say there should be a recognition that we need some inequality because people won't work if if they think their income doesn't depend on it and i think it's ok to have billionaires actually you know people who invent a new computer system people who are really begrudge them. but there has to be some limit and we don't want that there is a problem that some of the most wealthy people don't look like the most deserving people the issue that's really driving a lot of concern now is rising inequality at the top especially in the united states where the top one percent or the top one tenth of one percent and they tend

to be in finance and are making a huge amount of profits now and. one thing that's pointed to is. that they're lobbying the government and. making it easier for them to continue doing that economy has to go on to the people and. we have to work on preventing excesses like that now one way to solve the problem could be to tax the rich so i bumped into the c.e.o. of hair on the streets of davos and i proposed this option to head there is a general acceptance that the rich need to play more. and income inequality is an issue and that's something that we will need to contribute to having said that if we push it too far and remove the incentive to work remove the incentive for entrepreneurship when we're going to hit in the you know in the opposite direction

so like everything in life there's a balance last you quite a bit about tax evasion he said that the bulls want to fit a path has at the has been some progress in the last year at all they still know quite how to scratch but the difference between progress and i think many countries are focused on. the important thing is countries are working together which i think is very very healthy but what we do continue to see is that countries competed around turks. is something i've heard many times over the last few days you would come to our country just in our country because the tax rates are lower and as long as that continues we will see companies organizing their fears in a way that allows them to pay less in terms of where they set up their operations so supposing any else it is that every single country in the whole world grain which is probably. not in my lifetime now as well as income inequality gender inequality was one of the themes a shia was just sixteen percent of the patisserie buttons being women and so i caught up with the vice president of manpower mara swan and i asked her why so few

women part of it is the structure because what you the level the people the need to turn so intent until businesses improve the number of people in the c. suite it's very difficult for davos so they're actually just representing what's happening in the c. suite today so that's part of the problem and you know you know we can we can change that so we see business changes now one woman that helped make up this sixteen percent was the finance minister of nigeria and one thing that comes up year after year is the breaks and the question of whether or not they still have the dynamism that they want happen they were put together so i questioned her whether the mint countries which is mexico in tunisia nigeria and turkey all of those countries are ready to take over from the brakes i absolutely hate to describe it as the new bric but it's its own thin you know but i think it has an

equally valid you know state of being if you look at the countries these are countries that you cannot afford to ignore in the future you can't ignore indonesia or turkey with this director receives all mexico on nigeria because these countries need. israel will be the fourth largest country in the world by twenty fifty it's going to have a huge market. has vast resources you look at indonesia the same thing a large population big market in the future it's going to be powerful turkey you know has its characteristics of the in both the europe and asia you know it's very strategically important and mexico of course is not as a middle income country at the cutting edge of several of the things that brics are meant need to do well in terms of social protection and so on so yes i think this group it has its own dynamic and we're excited to be in it. now russia is of course one of the break nations and dabbles is

a great opportunity for russia to come here and warm up the international image of course you've got an audience of influence and proud wallets now one of the themes this year was a loss of trust in the banking system so with russia having revoking thirty two licenses from its banks in just six months i caught up with the head of the t.v. the second largest lender in russia and i asked him about the clampdown if you take even the government for many poor beef was prepared before this meeting one of the weak point zero for russian and west employment was mentioned the relative weakness of the russian banking sector and this is because we do we still have quite a number of very weak financial institutions and then banks so we are very much to putting the polish or the central bank i mean the those banks are there was a i think thirty licenses withdrew withdrawn these here it's only represent one percent of the banking of the people to all the retail deposits and their says so

he doesn't very much effect the. banking sector but it's clear up and. it's making it less dangerous or less risky or for. and then people who work with such bad so i think it's it's a very healthy process it's a cleaning up of the russian banking sector now seeing as we are in a skier is o'hare and something that the tsotsi winter olympic games just days away which roster is high people give a boost to the economy i caught up with the biggest investor into the gave us the russian billionaire that excel but i asked him why he invested so much money shorts he is very but you culture to the nation. of thirty eight particle should pay should be for russia because this is. absolutely unique opportunity to to go so it was government to be part of development unique last option to reach to sports

because she. believed this one was a beautiful place we each. have unique supply moves is of mountains and it's next to she beach. very ill. nature and they seem to us so because we believe said after the game this will be the new life said to reach so another doubles for another yo ego stroking and congratulating days as well as the full day. now it's time for me to go and see if i can learn to be as was trying jamie di even often they skis lights whizzing around on his diamond encrusted. good buy.

wealthy british style it's time to. market. find out what's really happening to the global economy for a no holds barred look at the global financial headlines to cause a report on our. little girl in the future. so we hit the road to focus on new technology. on this show no policy is complete without school shootings. and we'll about the next until soulive unleashes the sleep potential to save lives. we've got the future. values are maybe

also reflects massive surveillance operation that is going on when we're talking about defending against terrorism which ultimately i think is it's where it is a catch twenty two right because you don't want to take a program away that is saving people and creating a safer environment but at the same time you know i truly believe that we all have the right to freedom i believe we should be surveilled etc. i do. tanya. well tell me how you are my little grandson. i don't like i don't like. being cut off. except as an ecovillage that the spiritual side is destructive.

i tried to convince her and try to prove that it was a sect but it's dangerous that she had to leave it was a story she had lost her mind. you know you she will come back i know it and i will wait even if it means i must wait. until my dying day. here you oh. how do you operate dylan piggy i'm going to rumors could. use it as. an olympic heart think. my son.

gentlemen i get you all the way. here even a few hundred a day come across it honestly i'm going to. give. this . we've got people coming in that are littered with criminals we've got people from who knows where in the world this is the united states i'm very tough by the way you know to sure i was worried that they may not know why they live on mars you know mars. so we pick up things like. turbans prayer rugs so when we know they do they're coming from the middle east a concentration camp. concentration camp. we've got it as if the white house is not even want to disclose the fact that. a stranger.

we don't want to know about climate change since quote the implications also terrible coming up thirty years what you also think that current great job global warming. industry studies warn fracking is much more dangerous than previously thought. and polluters saying there's need to shelter chemicals for children.

i mean take it out to head. to the point where i can't even do it anymore. the areas today it was so bad the alarm was going off these are one of the many incidents documented near frank size the animal symptoms correspond with known effects from chemicals used in fracking the skin seems to have some serious merit townies going on. infertility cancer and birth defects new studies have added to the list of the health effects of fracking toxicologists examine just a third of the nine hundred chemicals they pumped in the wall to the ground and air force in ten chemicals were found to hit kidney and immune systems to maturity affected the nervous system and blood and two can three of the chemicals damage the skin and other sensory organs whirls and now even being cruel drupal c.n.n.

inside schools to gas wells in leverage high school in new york spilled killing the trees and vegetation where students play right there every day by more reports the new york times eighteen children at the school had come down with two red syndrome a new logical disease with symptoms similar to the kittens found out for excites in the fairy cage and see from small towns with frank sites like beery colorado now how evolution nine times higher than america's cities that don't yet have really richard cheney used to run all giant halliburton as vice president he pushed through congress breathtaking legislation called the highly potent loophole is a no exempt from the clean air act clean water act safe drinking water act results conservation act environmental policy act environmental liability act the community

rights and no act and most of the federal laws on environmental health the most a list to show you some of the lower just unfiltered water supply in the world it provides tough water to millions on the east coast. to submit fracking is already affected the allegheny river running through new york and pennsylvania the supplies cities with their drinking water. just talked to a representative from the fracking industry dana bone of lobby group energy in depth great to speak to you will the industry still insist there's absolutely no evidence of environmental damage the process has been used over one point two million times across the united states with zero evidence of water contamination. which. in fact systematic and massive water. contamination by fracking is admitted even in the industry's own documents in

a potentially criminal suppression of massive health risks to the public leaked reports by the world's biggest fright firm slumbers a admits of the casings on frank wells fail sending chemicals straight into the atmosphere in fact there's thousands and thousands of documented cases of fracking turning drinking water black families with symptoms of exposure to industrial chemicals. like acid as my paintings go for a crack at dallas the number one thing and not one rivers at frat thought flirting with dead animals on and on snake oil most extraordinary lengths the industry goes to most all this from the public we all fall snake oil is richard heinberg great to speak to you how big is this cover up field scientists working for the e.p.a. had found a strong correlation between fracking and problems with water quality by

higher up e.p.a. officials in washington had prevented the dissemination of these of these trying to get a shock to discover or oil giants no work with disney to bring morse the next generation oil and gas lobbies have paid disney deejays and schools to take elementary class children out of class and make. fracking infrastructure mobile while polka music players in the by ground and disney employees cheer them on an industry spokesman told get seven year olds because they take in information and. questions about health threats like those middling adults. the best way to spread the message about all against the industry they retain the information they remember meet haile is meant to your friendly. twenty four page coloring book

from the industry which claims the informant is even better off it's been frakt comedy central host stephen colbert as a sick terrorist setting fire to himself from his frights water supply would be more realistic if all parts of industry moves no it's also daisy luthor to make sure the next generation will never ask questions about deadly toxins in their adult life but why would you want to get. loose. with a crop duster spraying poisonous chemicals on food is the hero of disney's new local stuff for children in a supremum irony of the day the film was released post reports seventy nine teams were rushed to the on off of the monsanto field they will be working in was sprayed with talk sick as decides by a crop duster the american legislative exchange council war alec

a big business lobby funded by special interests like exxon mobil is secretly funding school curriculums to did nine manmade climate change exists to the. usual long washington shanghai flowrate out in fact of all cities in the. gold will be on the water already this century as current rates of climate change the earth will be four degrees holds up before the centuries through leaving the planets completely without ice for the first time in forty million years sea levels will be twenty five meters high as a group culture collapses there will be mass starvation in fact within decades the world's already set for an irreversible tipping point where ice sheet disintegration starts accelerating out of all control the effects of playing today

with record floods hurricanes grow has already become a permanent feature of. vaal swathes of africa and the middle east and the american southwest your government knows the world's preeminent climate scientist james hansen is loyal to you through that heath. obama in his speeches regularly talks about his green credentials in folks in those bills through of an upcoming keynote call to save the planet the world upside down of almost pursuing policies to squeeze every last drop of fossil fuel including tall stands coal and mountain top removal by quote ever means necessary and regardless of environmental damage huge tax breaks he gave fracking companies are a key reason the highly complicated procedure is financially viable green initiatives touted by government that make us feel good about ourselves truthout

all right the useless or even more catastrophic than what they replace or fracking joins the shuras natural gas is a clean safe alternative energy and numerous studies from nasa and stanford university found volved me thing emissions from world make fred king actually quote the worst possible fuel for global warming and even worse than coal but the hypothesis here is shale gas is better for global warming than other fossil fuels and it's a good transitional film so we tested them the answers were no it's not somewhere between three point six and seven point nine percent of the total amount of gas producer life time well is a minute the atmosphere is meant for continually could get the wellhead leakage from the storage and processing facilities purposeful venting also accidental leaks it's sort of a pipeline system if you believe that we might be approaching a tipping point over the next couple of decades then you need to be really careful

about pumping methane such a potent greenhouse gas in the short time frame into the atmosphere guilt ridden initiatives like replanting brain forests and pollution tax credits always get diluted by those who control the economy so the point where they're actually now big folk cities for. who loses all these measures knows james hansen the lawful bull drops in the ocean in any case we actually require as the english english shope cope's roy now exposed agree we need a fifty percent drop in c o two emissions within six years by twenty fifty ninety percent to avoid the destruction of the planet's. given current corporate practices not one wildlife preserve the lives our indigenous culture will survive the global market economy a capitalist market system is inherently it goes suicidal there is no polite

way to say that business is destroying the world also richard smith knows to no longer matters what your politics all roll whether you like capitalism or notes quote the current american way of life is simply not viable richard joins us great to see you so what choice do we have probably doesn't yet create the dangers we face in the not just in future but right now people don't really want to know because the implications are too terrible large corporations they just can't find it in interest to act on the interests of the common good so we have to we have to nationalize socialize the whole economy take them over and run them ourselves it's either that or they'll just drive us off the cliff to collapse practically every job in the u.s. today in one way or another depends on full fuel extraction that cannot be green in any meaningful way. over your political views only

a neutral view socialist government could reassign all those coal miners and all to a workers and gas front because it's a destructive jobs as corporations kolby expected to vote themselves out of existence the u.s. consumes so much more than anyone else. and economically militarily dictates their mobile to the rest of the world so americans decision to keep or change this system may kill or save this planet seek truth from facts this is the truth we go.

on june sixteenth one thousand forty one we had a graduation party at school and the war broke out. the shops were always full of goods. but in september leningrad was blocked. one day mom went and saw that all the shelves were empty. in november they bombed the warehouses it was the main storage place for all the food in the city people eating the earth because it had small traces of sugar in it i tried to eat it as well but i couldn't. the third night was incredibly heavy bombing. it was a direct hit on that very shelter and everyone was buried underneath. all of them

were dead. here. how do you operate. i'm going to impose good sports such. as roof i'm not an olympic hockey. league. my fire. to china for example growing exactly the way the. credit in the system that creating more debt in the system the rich are getting richer and the poor poor eight hundred million people live less than fifteen dollars a day in china and that doesn't seem to be changing it's the number one problem the

chinese government has right now you know it seems to me that we do what the rich have done is that you know they made themselves so comfortable but in the process of destroying the entire process of where they got their wealth from the first place the government stood me to look at people's welfare to worry about these generational things that. i think if you were there as i say this is a society that these people were going to be sort of like sitting there at the top of the. majority what to do.

today's headlines and a round up of the week's top stories hundreds of policemen are allowed to leave a beseech convention center in kiev meanwhile the president's offer to opposition leaders to head the government is left hanging in the air amid intensifying riots across the country's west. syria's government and the opposition hold their first talks since the start of the civil war it's been halted by diplomats is a major step forward. and we have to leave and we have to find a piece of life. as bullets fly overhead we visit a maternity unit in syria where mothers and doctors have chosen life in the face of the destruction that surrounds them. and deadly clashes across egypt and terror attacks in the capital.