using the topic of income inequality waste the forms that was the biggest threat to the global economy right now but you know when you got eight c. billionaires in attendance it's quite difficult to take that one seriously as assassin 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 wealth 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 sixty five percent small in the world were stabbed from up here it is difficult to imagine how those people will become a priority for the people of babel 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 con of mis some politicians would come pay a price for a solution to the financial crisis. no i caught up with the nobel prize winning economist robert shiller 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 they think their income doesn't depend on it and i think it's ok to have billionaires actually for people who invent a new computer system people who are really begrudge them. but there has to be some limit and we don't 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 fry an egg. and so they are making

a huge amount of profits now and. one thing that's pointed to is. that their being the government and. making it easier for them to continue doing the 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 here on the streets of davos and i proposed this option day and there is a general acceptance that the rich need to play more and income inequality is is an issue and that's something that we all need to contribute to having said that if we push it too far and remove the incentive to work remove the incentive for entrepreneurship been going to hit in the you know in the opposite direction so like everything in life there's a balance lost you quite a bit about tax evasion he said that the bulls want

a fit for purpose at the has been some progress in the last year they still are not quite out to scratch but the difference between progress and i think many countries are focused on this and 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 compete to around tax. is something i've heard many times over the last few days here at davos is come to our country interest in our country because the tax rates are lower and as long as that continues we will see companies organizing their affairs in a way that allows them to pay less in terms of where they set up their operations so suppose it any else it is that every single country in the whole world to grade what she is probably said you know in my lifetime you know 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 why. so few

women part of it's the structure because what you the level the people the need to ten so intense 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 whether the mint countries which is mexico nigeria and turkey all of those countries are ready to take over from the brakes absolutely i hate to describe it as the new bric but it's its own thing 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 which is correct or is all mexico on nigeria because these countries nigeria 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. 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 brics a mint 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 bric nations and dabbles is a great opportunity for russia to come here and warm up the internet. no image of

course you've got an audience influence and power 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 clamp down if you take even the government for me poor before prepared before this meeting one of the weak point of for a russian unless the player meant was mentioned the relative weakness of the russian banking sector and this is because we do we still have quite a number all very weak financial institutions and banks so we are very much the porting the polish so the central bank i mean the those banks of the it was a i think thirty licenses with the ruble drawn these here it's only represent one percent of the banking of the people to all the retail deposits and their asses so he doesn't very much effect the. the banking sector today but it's clear up and

it's it's it's it's making us less dangerous or less risky for both corporates and the people who work with such bank so i think it's it's a very healthy process it's cleaning up the russian banking sector now seeing as we are in a skier is a lot here in davos and we get the sochi winter olympic games just days away which russia has high people give a boost to the economy i caught up with the biggest investor into the gaves the russian billionaire that sell bag i asked him why he invested so much money shorty is very but you go to a show. of very critical should pay should be for russia because this is. absolutely unique opportunity to go to risk government to be part of the development you need clusters to reach to sports because i'm closer and believe this one was a beautiful. we should. close your nukes acquirements simone to

snakes next to she be. very ill. nature and then we have the answer because we're believe set off to really begin the true big new life hope said to reach so another double. for another yo ego striking is congratulating days as well as the full day. now it's time to made to go and see if i can be as was trying to spotlight said jamie die of an off on they skis lights whizzing around on his diamond encrusted skis they doubt it by .

coming to the future. is here so we hit the road to focus on new technology. on this month's show no parties complete without school shootings. and we learn about the next until suv evolution this has the potential to save lives. you know if you update on the. we've got the future covered. values are maybe also reflected the 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 a right to freedom i believe we shouldn't be surveilled except.

how do you operate philip again i'm going to impose christian sports such. as ruth's logos i'm not an olympic hockey. league and my fly. don't want to know about climate change since quote the implications also coming up cities what you think of the current great sub global warming. industry study

warns fracking is much more dangerous than previously thought. and polluters thang . 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 hard the alarm was gone off these are one of the many incidents documented near frank's size the animal symptoms correspond with known effects from chemicals used in fracking skill seems to house. down each going on. infertility cancer and birth defects new studies have added to the list of the health effects of fracking toxicologist examined 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 a majority of figured into the nervous system and blood and three of the chemicals damaged the skin and other sensory organs whirls and now even being drooled reports 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 march 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 frank sides brought in a ferret cage and see from small towns with frank sites like beery colorado now how evolution nine times higher than america's cities that have really richard cheney used to run all giant halliburton as vice president he pushed

through congress breathtaking legislation called the highly potent loophole because i know exempt from the clean air act clean water act safe drinking. water act resorts conservation act environmental policy act environmental liability act of community rights and no act and most other federal laws on environmental health the most of the show some of the lower just unfiltered water supply in the world it provides top water to millions on the east coast told stories of move fracking is already affected the allegheny river running through new york and pennsylvania the supplies cities with their drinking water i 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. in fact systematic and must've 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 slumbers a whole fleet 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 symptoms of exposure to industrial chemicals and crack assonance my paintings for a crack at dallas the number one thing and not lines. at frat thoughts fluting with dead animals on and on snake oil most extraordinary lengths the industry goes to

most all this from the public also all snake oil is richard heinberg great to speak to you how big this cover up feel shy. working for the e.p.a. had found a strong correlation between fracking and and problems with water quality but higher up e.p.a. officials in washington had prevented the dissemination of these trying to get parents from a shock to discover or old giants no work with disney to brainwash the next generation oil and gas lobbies have paid disney d.j.'s and schools to take elementary class children out of class and make fracking infrastructure a model for 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

a moving questions about health threats like those meddling adults. the best way to spread the message about borland against industry they retain the information they remember at meet hailes meant harry your friendly frock authorise a twenty four page code book from the industry which claims the informant is even better off it's been frakt comedy central host stephen colbert as a sick terry 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 mix generation will never ask questions about deadly toxins in their adult life but why would you want to give up wrapped in a loose. track with a crop duster spraying poisonous chemicals on food is the hero of disney's new

blockbuster for children in a supremum irony of the day the film was released post reports seventy nine teams were rushed to the op of the month. so field they will work in was sprayed with pesticides 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 no man made climate change exists to be. usual long washington shanghai flowrate out in fact of all cities in the world will be on the water already this century as current rates of climate change the earth will be four degrees hotter before this century is through leaving the planets completely without ice for the first time in forty million years sea levels

will be twenty five metres higher 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 drought 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 scientists james hansen is learning to you through that heat. 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 obama's pursuing policies to squeeze every last drop of fossil fuel including. 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 they're useless or even more catastrophic than what they replace oil fracking joins the show ross no actual 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 methane for continually could get the wellhead the kitchen the storage and processing facilities purposeful venting also accidental leaks it's sort of the 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 timeframe 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 folks cities for. who loses all these measures knows james hansen the lawful bull drops in the ocean in any case we actually require as shop coats roit 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 wilderness our indigenous culture will survive the global market economy a capitalist market system is inherently 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 whole role the you like capitalism all 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 us today in one way or another depends on forceful fuel extraction that cannot be green in any meaningful way. over your political views only a new truly socialist government could reassign all those coal miners and alter workers and gas frack is so destructive jobs as corporations cold be expected to vote themselves out of existence the u.s. consumes so much more than anyone else. and economically militarily dictates the mobile to the rest of the world so americans decision to keep or change this system make you all save this planet seek truth from facts this is the truth you go.

i know. tanya the lady 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 try to convince her and try to preach 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 was and i will wait but even if it means i must wait until my dying day. 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. 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. it was incredibly heavy bombing. it was a direct hit on that very shelter and everyone was buried under me. all of them were dead. the. gentleman i just almost. hard. to see here is. a few hundred a day come across it honestly you miss exists in the soul of the.

we've got people coming in with criminals. people from who knows where in the world this is the united states and very tough by the way you know the sherpas i was worried that they may not know. 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 concentration camp. concentration camp. as it. is not even one of the fact there is a stranger. another

whistle blowers facing a lot of heat including a wave of death threats but what did she discover some sort of dark secret cia plans or some other plot for a new war of luxury no she exposed something far more dangerous and important to the zombies on their couches the university of north carolina athletes are mentally unfit for college and even high school mary willing come blew the whistle on the fact that between eight and ten percent of the school's football and basketball players read of a fourth grade level and many others are sub college level she also claims that these students were allowed into the university based on the screening process done by the university i.e. implying that the you of n.c. knew exactly who they were letting into the university remember college football makes a lot of money i always had a feeling that something like this was going on i mean according to usa today many college athletes claim that during the season they put in more than double the.

hours on sports that they are allowed that's fifty to sixty hours a week how can they possibly learn anything maybe it isn't so sad that the schools often it is a reflection of economics what is sad is that the whistleblower is getting death threats just for saying that it is going on by those stupid hardcore fans but that's just my opinion. wealthy british science. class. market why not. come to. find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into cons

a report on. n.p.r. the one to reach an agreement with with the israelis israelis have to accept the fact that you know the patient has to. put your money over to the police to a few to postpone and they have to realize that you know they have to let it go the commission the notion of his villainy i don't allow the palestinians to have feet you know god to plant it on the future and still have so great you over that on tuesday but you know to add conditions of vicious conditions to me in those ten states and this and this so that it under the control of the of the stimulus this is look i'm i'm just not going to oppose the us nor the israelis nor the american of course or the possibility of the right that this addition to the three to the complete.

ukrainian leaderships concessions followed by fresh violence as rioters in kiev ignored the agreement with the opposition to clear the streets. while western ukraine is rocked by more protests as local administration buildings are stormed or taken over by crowds in more than a dozen or regional centers. and hopes that women and children will be able to leave the besieged syrian city of homs after a face to face discussions between the government and opposition a long awaited geneva two peace conference. one thing that will mean and have to meet and have to find peace in life and conduct i made.