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tv   Russia Today Programming  RT  August 29, 2017 2:00am-4:01am EDT

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this was because did a piece of dancing coral cultural view i call the grammys. as texas residents flee those devastating floods there's a shocking response from stump trump opponents who are less than sympathetic it seems towards the plight of a mostly republican state. to belgium demands compensation from israel after sixty you funded schools are being bulldozed in the west bank. and as u.s. sanctions against venezuela take hold seems goldman sachs's dodged the restrictions after plowing billions into the country's state oil company.
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good morning nine am she's the morning here in moscow my name's kevin oh and this is art international welcome into a thirty minute live news update we're starting with the awful events over america at least eight people have died in those devastating floods in the u.s. state of texas continue to be pounded by the tropical storm harvey it has now been downgraded to a hurricane but it's light relief it's affected hundreds of thousands of people the city hosting as one of the worst hit floodwaters are expected to continue rising the damage from the storm is still being assessed but it's already being compared now hurricane katrina back in two thousand and five president trump set to head to texas to be briefed on relief efforts but he can reveal shockingly. this disaster has taken a political angle despite everything going on one twitter users praised the floods for cleansing texas of racist others a jubilant the trump supporters could be affected some said voting republican could
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have brought this on texas. political analyst charles alltel told us that in the face of the tragedy the nation should be united not divided. texas first of all is not a state that is one hundred percent white by any stretch the imagination there is a large minority hispanic population there is a large minority black population in texas this is a natural disaster it has caused untold suffering we still don't know how much damage is down there yet you know this is a time where people should really be coming together blaming a natural disaster of somebody because his or her political view views is stupid basically i was here in new york on september eleventh two thousand and one the outpouring of love and support and true help from around the world not just from the united states to this rich city of manhattan was spectacular that's what houston needs us to texas needs and we certainly don't mean lessons for supposedly leftists that are really just hateful it's hate speech horrible. return the first
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seven months of donald trump's presidency seen his support slashed by more than a fifth but if you thought the democratic party was making gains on that then colored maupin has got some surprises in store. only seven months into his term and already trump is being labeled the most unpopular president in all of american history so you'd think that the democrats would be riding high given the focus and volume of trump bashing i've seen it over and over again i think he's the most deplorable person i've ever met in my life he's not he lives a lot. he says things that aren't true that's the same as lying i guess president's behavior make i mean as as you point out it's sort of shocking but not surprising turns out that for a lot of americans opposing donald trump does not equal supporting the democratic party at this point only forty two percent of the u.s. public has a favorable view of the democrats and this is translated into fund raising difficulties in july the democratic national committee only raised three point
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eight million dollars that's the worst july fund raising they've had in over ten years and at this point polls show that for many americans it seems like the democratic party is just all about opposing trump. the democrats have a message a message beyond dump trump you know an actual policy message we decided to ask folks here in the democratic party stronghold of new york city the policy proposals . i mean specifically. i'm not sure no. nothing comes to mind nothing now. now. can you tell us one policy proposal the democrats have put forward in twenty seventeen. peachtree. like hating trump is enough for the democrats to to win on. now i mean they have to have something to
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back it up be in trouble something is the stupidest thing you could have actually you've got to come up with something come up with solutions to the country they don't have a message they have a message that trump is evil and anybody who supported trump is evil and frankly that doesn't sell i do. i think most americans think of themselves in those terms even if they don't particularly like trump and i think the democrats are coming across as having no ideas no solutions betraying their traditional working class base in favor of identity politics and it's not doing them any good it appears that fueling anti trump sentiments is not really a solution for the democrats but they want to win the voters trust they need to emphasize what they stand for not just what they stand against caleb happened r.t. new york belgium has demanded compensation from israel after israeli authorities raised six e.u. funded schools in a village near bethlehem last week the children there invented a no face and having no way to learn they have to study in tents or simply outside
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as the soldiers came and started shooting in the air through and grenades at people and then they started destroying the school and as i feel so sad that our school has been destroyed. i am so upset because the reason our school and i've studied so much one day i want to become an engineer as we've already mentioned the cabins which were meant to serve as schools with an aged by the e.u. as well as all the necessary to kazan equipment inside the main aim of the project was to provide local children with an opportunity to get an education near home but now after these events the nearest schools now an hour's walk away from where these children live this a long way belgium one of the countries behind the educational project condemned the destruction saying the move by israel is an acceptable adding that the project was to meet humanitarian needs and was in keeping with he international here humanitarian law but fall asleep when a self to check out this village and see what the score is there now. the night
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before the new school year started israeli bulldozers arrived here on the outskirts of the palestinian city of bethlehem to demolish seven caravans at recently been erected as a school for some one hundred bed when students from the area now this was one of fifty five schools in the area that had recently been given a demolition orders but the difference here was that the demolition order came the same night that the school was destroyed there was sound bombs there was tear gas and the solution has been this tent that was put up to try and accommodate at least some of the children so they could hold classes. when there is a strong wind would get cold we have classes in direct sunlight some of us might get sunstroke and get sick and one gets called or people get ill too creditor heck middle of the love to visit in the kids from our village were so happy when they had a school and when it got destroyed they were very upset the kids used to love going
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to school they were so enthusiastic about it and now they're asking all the time why do i have to study in a tent the children need water bathrooms and there is nothing like this in this so-called school and the situation inside the tent is extremely cramped there are four classes that are happening simultaneously now and most of the students are not in care they've been sent to a school that is around ten kilometers away and as you can well imagine it is a far distance for children this age to go and many of them say along the way they are costed by sitters according to the no we generate from council in the first quarter of this should it when she spoke cases of schools like this being destroyed by the israeli army post here are two ideas outside bethlehem r.t. us the israeli officials for comment and judging by the response teams they say those schools were built without the required planning permits from the israeli
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authorities that facts been presented as the main reason then behind the demolitions dimitri de leon the a member of the fatah revolutionary council told us there is a shortage of not only schools but also hospitals and housing because of israel's reluctance to give palestinians construction permits. this time we talked about three schools but these are not the first three schools our hospitals. suffer from the same thing our economy suffers from suffocation israel has by international law the responsibility of building schools they do not build schools. and at the same time they don't give permits to build schools. nor nor houses we have shortage in the hospitals because israel doesn't give permits to build hospitals and at the same time they are building freely on our land schools for israeli settlers who are illegal colonial settlers on our land and they're free to build their
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schools. the number of political leaders across the globe of slammed the us sanctions imposed on venezuela last week the actions being branded a financial blow and a violation of international law or monday the chinese foreign ministry shared beijing's reaction to the news to rience of history shows that outside interference or you know article sanctions will make the situation even more complicated and will not help resolve the actual problem. the u.s. sanctions applied friday target any financial deal struck with president with hiro's government as well as with the venezuelan state all company two experts say the sanctions could send the country in an economic spiral even worse than is in the moment and cause rampant inflation however one multinational investment bank we can reveal has managed to dodge the restriction and restrictions we're talking goldman sachs it's said to be the only company on the list that is exempt after its controversial decision to buy almost three billion dollars worth of bonds in van as
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well as state oil company in may that move at the time was seen as a temper supply fresh funds to mature as government but goldman sachs denied the allegations saying they made the investment because they believed in the brighter future for the country professor of latin american studies daniel schorr is convinced though that the financial elite are pulling the strings you know how hypocritical that the u.s. government is supposed to be known as well one of the largest us. profit margin is the from the new stories in the mainstream media always seek to deal in any country serious is sovereign outside of the us so you see these banks are the same is because it is a profit off venezuelan market really as well and it shows today who's in a truly in need of the u.s. economy they've been. doing it is what it is that it surely controlling us
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in the president's. channel spoke exclusively then to venezuela's foreign minister about the tension between the countries he believes it's the opposition in venezuela that's to blame for the new u.s. sanctions. the most natural reaction of international organizations like the un would be to recognize that the sovereignty of our country must be respected curb attempts of interfering into the internal affairs of venezuela and refrain from adopting a posy of you new lateral sanctions that violate the principles of international law so that you understand what kind of opposition we have they have been low been going to washington to achieve those sanctions against venezuela now they are trying to convince the people of venezuela that the sanctions are the fault of president much this is completely absurd and the world must know this. coming up the trump administration imposes visa restrictions on combo d.l. will tell you why that is and bring in the reaction to it.
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here's what people have been saying about rejecting the night to pull on. the only show i go out of my way to you know. really pack them. all over a party americans do this and we are apparently better than that and see people you never heard of. back to the night president of the world bank will take. me seriously he sent us an email. telling you of the idea that dropping bombs brings peace to the chickenhawk forcing you to fight the battles. that you stopped by to tell you that be gossiping public life. i think i'm old enough.
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that we are. again donald trump is delivering on a campaign promise than his administration is set to impose visa sanctions on four countries for refusing to take back their own citizens many are in the u.s. illegally or facing deportation of a criminal charges one of the countries in question is cambodia in twenty seventeen that country greed to receive thirty four deportees but only a quarter of a returned home from two thousand and two almost six hundred people faced forced deportation to cambodia jacqueline bouvier takes a look at what's behind this row now. cambodia is
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a state that rarely makes the global headlines but that could all be about to change given that stinging criticism for america recently it comes after the u.s. state department's comment on the country's state of democracy the united states government is deeply concerned by the deterioration in cambodia's democratic climate in recent weeks two months ago cambodia received widespread recognition for running transparent peaceful local elections in the past two weeks however the achievement has been eclipsed by troubling government actions curtailing freedom of the press and civil societies ability to operate cambodians are well aware of what a democratic process means you do not need to tell us what it is we wish to send a clear message against the us embassy that we defend our national sovereignty and here's what might have brought about this war of words cambodia recently expelled an ngo from the country is that receives funding from washington they fishel reason given was tax evasion problems began for the national democratic institute when the organisation was accused of working with the main opposition party in cambodia
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there are n.g.o.s who also will want to create a color revolution and topple the government like they have successfully in other countries so why is the us even interested in cambodia so it may have something to do with the fact that the come bodhi in government has begun to take a more anti-american line counseling financial and military aid from the u.s. and turning to china for assistance instead and cambodia isn't the only southeast asian country pivoting towards china the outspoken president of the philippines explained his change in foreign policy when it comes to the us you know. and they hope this debate is good would have been a belief with you why because we didn't were. you'll never. build the. and alliances like this one aren't sitting well with washington that had served the philippines
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just so angry he leaves for china he's now negotiating with china we've been to the philippines practically for ever a very important strategic ally and what happened was china and russia are probably going to take it america's loss it's fast becoming china's gain while the u.s. just continues to criticize those pivoting away from all the alliances it's time to speed us understand that. the site is a good relationship with the united states as well trying to be allies is that you have states cept that is so tiny hopes to even be able to send is so as the best option is to play as the best friend. by avoiding interfering in the mesquite affairs of bolivia in contrast to the western countries. elsewhere as the battle of a civil war monuments rages in the u.s. one company seems to be profiting from the controversy
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a confederate flag manufacturer no less probably one of the few remaining says its sales have been since the violence in charlottesville earlier this month the right wing rally of the removal of the confederate monument resulted in st paul's. was also killed in a car rammed into a crowd of counter protesters some of the hate groups that took part of the rest often display confederate flags during their rallies we asked the confederate flag manufacturer belinda kennedy what's behind the business and success now. i think it just simply goes back to a protest against the protests. when people say the monuments coming down they want to show support for the monuments staying and the way that most people are doing that is by buying a flag to me the flag is historic it is no different from a bitsy ross flag or a gadsden flag or
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a bennington flag or any of their flags that flown to our country's history. i hate that. the white supremacy groups. the k.k.k. and all these other neo nazi groups have essentially hijacked our flag and that's how i look at it i look at it. what should be an illegal use of a historic object. meanwhile the political divide keeps growing in the us for the state of california coming to the forefront of the media's attention to right wing rallies were counsel to the city of berkeley and some from cisco because of fears of violence but it's also reignited the debate over stifling free speech to smear a cone reports next. anti-fascist protesters in san francisco are celebrating victory over a right wing group a treat for the organization canceled its free speech rally on saturday saying they wanted to avoid potential violence while san francisco mayor ed levy was full of
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praise for the city's left leaning community as the mayor of san francisco i cannot express how proud i am all the residents all the faith based leaders all the community leaders and the community groups patriot prayers leader has admitted that his movement has indeed attracted white supremacists k.k.k. members and even neo nazis but at the same time publicly denounced what i just saw nazis i do so in a white supremacist. he says. we have speakers and only one speaker is why. we have a couple black speakers hispanic we have a transsexual speaker we have a woman speaker it's a very diverse freedom of speech and assembly is a us constitutional right but when we see controversial groups like patriot prayer canceling their rallies under pressure is this a violation of those freedoms or should they be held accountable for attracting radicals but if you compare prayer groups is there not just white supremacist or
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not there's a very that people just show up well you know what maybe. they are accountable for it and we're going to hold them accountable we've been having peaceful protests for decades across this country very controversial topics founders wanted people to talk if they had views that are controversial let them be expressed if they were stupid let them be exposed as being stupid and let the people be criticized by. to shut topics down to shut discussion down is an anathema to the american experiment so i think we've got the authorities really need to step in and change the tide here so where do we draw the line between free speech and hate speech well in the case of patriot prayer in san francisco it's virtually impossible to judge considering free speech for means protected under the u.s. constitution a similar situation took place in neighboring canada when a university panel on freedom of speech was called off the reason while some of the speakers were deemed too controversial by left wing documents preventing hate
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speech yet guaranteeing free speech is arguably the biggest challenge facing our society today samir khan r.t. washington d.c. also big news this morning tensions spiking once again on the korean peninsula after north korea's conducted another missile test it prompted an immediate reaction from the south from japan the north korea missile flew over northern japan the government said it crashed into the pacific after sirens went off across japan thousand kilometers east of the mainland you can see where they're worried just hours later japan then deployed a missile defense system with a u.s. military base in tokyo was part of a previously shared you will drill they said the south korean air force also held bombing exercises in response to pyongyang as actions both countries called it a violation of the u.n. security council resolution of late however human rights lawyer ericsson wrote couldn't believe the exercises are not purely a response to what's been going on from north korea. these exercises are often used
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to show off new technology if you will so it's not always a reaction to north korea however it seems to be increasingly a. sore point over the years with north korea and we should begin to recognise that we can step back from these things president trump said that these military exercises were totally off the table that is not a position to go into negotiations with week last week south korea and the u.s. launch joint military exercises that were considered a provocation by the north sees the drills as a dress rehearsal for beijing hostile but rigs escalated recently between washington and pyongyang as has been so well documented north korea to keep his friend destroy the u.s. pacific territory with president trump warning such an act will be met with. some
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use from the council of korean americans believes that all sides of feeling the tension in the peninsula. might think this is clearly a response to the joint military exercises a provocative response fairly predictable looking back in history i think the fact that. this missile was launched over one tree of the only country in history which actually suffered loss of life due to nuclear. weapon is extremely provocative. and there's a message being sent there in that missile test but. to me every missile test is a message of. also fifty people in germany say they would not welcome having muslim or refugee neighbors apparently it's come out of a recent survey as the country continues to try to integrate the influx of migrants this poll suggests that nineteen percent of germans were against the idea
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chancellor merkel has promoted the big open door policy since the beginning of the refugee crisis but has occasionally backtracked on the issue to the study's findings come less than a month before german said to the polls the latest figures you can see behind me now than suggest anglo merkel's christian democrats are well out in front martin shields his party's ahead of the rest among those trailing is the alternative for germany party that was set up just four years ago it has gained popularity by criticizing merkel's open door policy and putting the interests of native germans first year in. office or will initiate an investigation committee on ending the merkel in parliament it will dispute breaches of law and not only with the refugee crisis but also with the euro rescue policy which violate european treaties. if you ask me where your political career is all where merkel should be taken to an ordinary german court and try it is a private citizen so that she is fairly judged for your breaches of the rule or
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your correspondent peter all over next looks at how the issue of integration could influence voters in next month's german election. angela merkel currently sits around sixteen to seventeen points clear in the polls ahead of elections that are in well just under one month's time here in germany when she was talking in a recent interview about the twenty fifteen refugee crisis well she said that if she could go back in time to that point she wouldn't change a thing in the past the german chancellor has spoken differently on this issue we didn't embrace the problem in an appropriate we the d.l.c. goes for protecting the external borders area in previous times those statements have helped or at least been part of giving her a kick in the polls well something she clearly doesn't need out the moment in response her main challenger barton schultz of the social democratic party here in germany also of course remember the former president of the european parliament
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well he described the german chancellor is out of touch and aloof however that is and seemingly pulling him back on the lead at the moment but of course we also can't have an election in europe these days without russia getting a mention and this time it's come courtesy of hans york marson he's the head of the v.f.l. it's the same as say the f.b.i. in the united states or m i five in the united kingdom the internal intelligence service he said that russia has the potential to carry out sophisticated hacks that hell every day and went on to say that there's absolutely no evidence to suggest that this is in the pipeline at all that it's set to happen which leaves many questioning why he decided to give that interview in the first place but the situation we have at the moment is that with angela merkel so far out in front in the polls it does look like this is a german election whereby the interests of voters may take something of
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a back seat as the focus turns inwards towards what type of governments angle or merkel will be able to form a what. type of coalition she will opt for when she ultimately returns as the german chancellor. got some breaking news coming through want to tell you. for these reports of an explosion in the afghan capital near the bank of kabul the u.s. embassy and nato headquarters are in that area it's for media reports of the many sites in the country's interior ministry says one person reportedly been killed eight more injured posts on social media suggesting that it was a suicide attack we kind of penalty verify that of the moment will be across it. continued follow. with more live in half an hour before a say goodbye let's check out those big stories keep across what's happening there the awful floods in texas reaction to it as well and the latest on the korean peninsula as well just a few of the big stories today this choose day the twenty ninth of august thanks
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for watching out the international. greetings and salutation. pull up any major action movie in the last half century hawk watchers and you can you can probably be pretty guaranteed that about half the city is going to be destroyed before you reach the end credits almost i mean
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michael ninety's aarakshan. you'll see the same formula destroyed city kill bad guy walk off in the sunset with plucky sidekick going through. track the costar who was in the stress for most of the movie. what's often left out of these films or at least barely acknowledged in any real emotional way is the civilian death toll that every john mcclane or james bond leaves in their wake a family crushed by the plane vin diesel just blew up over los angeles to kill a scene or a chewing gary oldman just doesn't make for a good popcorn experience in action films but if you think if you think hollywood is bad at recognizing real world consequences nobody and nothing nothing holds a candle to the head in the sand act the u.s. government and the pentagon plays when it comes to the deadly consequences of blowing up cities to kill bad guys and there was never more on this play than in the three month the siege taking place in the syrian city of rocco where coalition
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forces have been bombarding the city with air strikes under the auspices of destroying isis the loss of civilian lives as gotten so bad that we had one anti isis syrian activists from rocka told the intercept that quote the airplanes are heavily striking the city and many of the places they are targeting are empty of isis fighters and full of civilians the number of civilians being killed today is much more than the isis members. but but if you're not talk watch your spear not because our action hero secretary of defense james mattis promises that the innocent civilians in iraq i know the difference between the good guy the prize as their mother and the bad guy that babe arrives as their brother he told reporters quote we're not the perfect guys but we are the good guys and the innocent people on the battlefield know the difference. and then secretary mabus marched off into
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the sunset with jonah hill cracking wise by his side and megan fox on his are. about start watching rocks. with the. real thing. as the plot of it. you know that i got. it so. well it was in the works i am tired and out of the wallet. this is. how you missed that i hear black liar way dropping bombs on places that. scott to finish up the packet of is actually a day oh you know you've got me behind it really is astounding really about it this
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morning i mean what it would you would you have a secretary of defense who really actually believes that the people who are on the ground being rained you know with bombs dropped on or cafes blowing up next the. terrorists or u.s. warplanes or all that can actually tell the difference between like oh the good guys dropped about bombs so we won't be as many. that's the ideology that they really think happens so so what we're saying is that matter doesn't understand how war works how terrorism starts. you might want to you might want to look that up you might you might want to spend a little time thinking about that because now when you have people going in and investigating which there has been a lot of talk where are the death tolls why is this what's called what's really going on and you know so donna teller of arrow who's a senior crisis response advisor at amnesty international she led the on the ground
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investigation into what's been going on there and what she had to say as the battle to rest from islamic state intensifies thousands of civilians are trapped in a deadly labyrinth where they're under fire from all sides so the u.n. estimates that there's anywhere from ten thousand to fifty thousand and a sense of million still trapped in iraq so a lot of them most of them are thought to be sort of holed up are being held as shields but either way you you have the last isis members them innocent civilians and you're dropping bombs on leftover it really is ridiculous and we've seen this from from almost every side of the syrian conflict when it comes to dropping bombs in a place where there's a u.s. or russia or everybody's been dropping bombs and then in country you see it in yemen saudi arabia you know there's this idea of the bombs or personal use and they're just not ok. yeah you might be able you know maybe more times than not you get in your caravan of bad guys but at the end i care i'm in
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a bad guys in the middle of the desert is a little different than a neighborhood a block exact at all of a city that's really people you look at war one of the things about fire and really funny is how the media kind of covers this because it's like you know you look at another quote you know what they love to quote when it came to you know the bad things of the sob to do is people that the britain based syrian observatory for human rights we all know right you know now they're having to report that airstrikes in iraq and just last month killed forty two civilians including nineteen children and twelve women are women the odd diverse group rocco's being slaughtered silently said thirty two people were killed in airstrikes in one neighborhood alone and they all blame the u.s. led coalition there because what's happening is you have the people that we believe are the moderate rebels on the ground calling in the airstrikes so you know you hope that these sometimes al qaeda members sometimes and i don't know i'm really
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confused about who's on what side over there at any moment as we all are now are calling him strikes on isis or they could be calling him strike some people they don't like. mess with the bit where now they're fighting we're just throwing weapons out and seeing what happens and it's not just these airstrikes and it's also the actions of people on the ground because one of the issues has been keeping you know in any war you want to keep supplies away from those who are fighting and obviously so part of the deal was that they survivors had told people to stand or national the coalition forces were targeting boats anything that was trying to cross the euphrates. on july second a coalition commander u.s. lieutenant general steven j. townsend said that he told the new york times on july second we everybody shoot. we find. so that route is is an escape route for
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refugees this is indiscriminate attacks on boats is making it harder for people to get out and once all of that rubble that we see is earlier you're going to find a lot more people you're only how to bodies they can find and identify now once you are about it it's going to get awful. first they came for the offense of social media then they came for the statues the now they've come for the movies the orpheum theater in memphis has been showing the oscar winning gone with the wind as part of its classic series for thirty four years but today after its screening two weeks ago they theater announced the film will be polled in the future due to overwhelming criticism on social media so as the nation struggles to decide what monuments are acceptable for public display and what degree of controversy we can tolerate on social media. reports on the latest front in the modern era culture wars orpheum theatre group in memphis tennessee has screened the classic film gone with the wind each of the past thirty four years now this year
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screening on august eleventh coincidentally coincided with a white nationalist evening march in charlottesville virginia ahead of a unite the right rally that ended in three deaths according to theater group president brett batter since the screening prompted numerous comments that led to a decision not to run the film next year patterson said as an organization whose stated mission is to entertain educate and lighten the communities it serves the orpheum cannot show a film that is insensitive to a large segment of its local population the one nine hundred thirty nine film takes place in the american south against the backdrop of the civil war long criticized for glorifying slavery when orpheum theatre group announced its decision to pull the movie memphis resident wendy thomas praised the decision on facebook saying slowly but surely. we will read this community of all tributes to white supremacy but backlash after the announcement was much louder katie hydro not sure if anyone
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really complained or your feet are just decided to be cowered sheep and given to mad this way you should be ashamed underneath dixie grey pointed out how do you make daniel was the first black american to win an oscar with her costarring role as mammy in gone with the wind i guess her achievement is also gone with the wind sad how to make danielle was not only the first african-american to win an academy award she was also the first to be nominated for acting it would be more than two decades before another african-american actor would win and the comments continue to pour in with outrage and calls to boycott the theatre orpheum c.e.o. said the screening of this film is something that's questioned every year but the social media storm this year really brought it home we reached out to theater representatives for reaction to the backlash against their decision and have yet to hear back in washington cmon dollars r e o r t. fascinating story
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story you know to me there's a difference between commemorates someone like robert e. lee a general someone who slaughtered people someone representing you know an ideology but a movie ultimately you can't escape the fact it's a piece of artistic expression right so that's a different that's not saying we're honoring something that's making a movie about a book about a time frame of us history right and that's the thing about that movie is that it's not as if the slave owners it's not as if the white people come out looking so great on a good boy i mean it really shows how utterly ridiculous that all was and hit on some really important issues that the book and also the movie they did it also here's the other flip to this too is that i understand when people say this statue in that park bothers me i. i have to walk by that she was going to praise there like our wonderful feather it in fact was general that's different. book you
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choose to go into the theater and watch you choose to pick up the book and read it and to me it's like if for every time you want to criticize the right you know being morally superior oh you know this books has sex in there this book has witchcraft it like harry potter you know care every time of that side tries to say we need to get rid of this book or not let children suter ban the book now you have the love doing this extreme thing and saying ok this movie that took place that was you know written in a time in history about a time in history now we need to boycott and ban and not let this movie because of them as ridiculous as well i wonder how much of this is actually a group of people who are really upset and how much of it is people are people who are more on that right who are in the new free speech movement where it's not really about free speech it's really sort of making a point how many of these people online and how many people are just doing it to make the point like well well what would you do if we said you can't work out not the wind i mean the internet is one of those places where people don't do things
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because they really believe it they do it because then everyone else is and you get a laugh and the firestorm you know i look at this leader it's a private business they can choose to show that they can take it down or they're not choose to show that that's their right as a private business let's not forget that but to me i think you know it's the difference it's apples and oranges and i'm talking about something that you have to walk by that's locked in the public sphere and something that you have to physically go buy a ticket to go in and see no one's forcing you to see this my taxpayer dollars are paying to keep. you on it as we go to break court watchers don't forget to let us know what you think of the topics we've covered on facebook and twitter see our poll shows that are dot com coming up radio host author and sociobiologists back across to the park service to discuss the benefits the dangers and the future of predictive analytics it's fascinating you don't want to miss it. to watch.
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the post. just before. last time we chased. each one of them carrying twenty kilos of drugs.
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that. is the main thing. they have this is the. guy like. me. i don't know maybe they don't make or. break. down what. the modern era is often referred to as the information. age and for good reason as coders replace factory workers and algorithms push out heavy machinery we truly
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live in the area where data reigns above all as a socio biologist and futurist rebecca cost us so eloquently put it in our book on the verge every day our ability to anticipate future outcomes grows more acute more all encompassing and extends further out this sea change has a quick today's leaders with previously imaginable power the power to respond and shape events before they occur we stand on the cusp of what darling darwin himself might have called pre adaptation the ability to adapt prairie we sat down with cost earlier to discuss how the modern deluge of information is changing our ability to shape the future. well i think data is forcing our hand as you know we began with data production that became the name of the game in the seventy's and eighty's and into the ninety's and then after that we have so much data we couldn't really put it to good use and so we went through a data analysis phase but we've now moved out of data analysis into
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predictive analytics models which allow us now to forecast with unprecedented accuracy in other words the future you know as much as we like to say the future is unknown there could not be a more false statement the future is in fact unknown and once you know what the future is it dramatically affects how you make decisions today and that is what our leaders are up against i can give you some examples if you like put into place two . so let's talk about for example the opioid epidemic right now several industrialized nations are trying to deal with people who are started out with a prescription drug and now are hopelessly addicted to opioids it turns out. company name fuzzy logic so i don't mind using their name they by using medical records and
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looking at public activities behaviors of human beings they can identify up to eighty five percent of those people who are predisposed to become opioid addicks so that that first doctor's prescription need never be written in this way we can get out ahead of our problems we don't need to have these problems because we have the analytic ability now to prevent them. and it's interesting you brought up fuzzy logic because when they started in the healthcare field and then now they they actually do predictive modeling for financial sectors banking. retail all of that and predictive modeling has been very helpful in getting diabetes health related things we're now able to see a little bit better but what i wonder what the consequences because getting the data is not a problem we sort of give that out for free in our daily lives of social media and
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everything else what are the consequences of having that kind of power to be able to model these things and predict things with data. and what are the long term effects that that kind of power has on leadership. well it has a tremendous power because it means that those with the data and the analytic abilities those with the predictive models will dominate let me give you an a another example in business a business example because of health care we could look at the fact that we now have genetic profiles on people and we know the predisposition that they have for certain diseases certain cancers all timers even baldness at the time that they're bored we can do genetic testing and then we can act prophylactic lead to help them in many cases we can do certain kinds of genetic treatments to prevent diseases this. it's a power we never had before and so we can easily understand that health care but
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let's look at business once businesses and i'm talking about the largest retailers in the world discovered that as the climate warms milk production in cows goes down so as the season warms up their productivity in producing milk starts to go down as soon as they saw that relationship they began tapping nasa's meteorological data and then locking in milk prices before of temperatures went up while the other bats that's getting way out ahead of the curve and so the people who have these predictive models are able to use these models to eliminate all risk and now their words predictive analytics is the and of risk. through using these insurance companies will no longer have group health care programs they'll have individualized programs that will have absolutely zero risk because based on your your behaviors the environment that you live in and that you work in
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based on your genetic predispositions all that data will come together and they will be able to put it insurance plan together that is uniquely adapted to you i have to because asylums both incredible but also. having to i mean but it just kind of curing us of this is a very you know futuristic can predict them seems also a little invasive with the amount of information that they would have are there any you know downsides to corporations or political leaders or whatever are having this kind of you know ability to see into the future so to speak with what would be the bell and sides i get asked this all the time that i have to say that any time we come up with any new technology any time we progress in society there's going to be a downside someone's going to abuse it i mean that would be like saying you know what if we only hadn't come up with the internet we wouldn't have hackers critical or true. true if we want to have hackers without the internet you know and we would
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have people we would have identity theft yes there's always the potential but we can't allow the downside to prevent humanity from progressing what we now have in terms of data allows us to evacuate entire cities in advance of hurricanes as we see going on right now it allows us to to forecast diseases in advance it allows us to to take action when a currency like the euro is being threatened by the debt of greece those were all predicted boggles what i don't think people understand is this is happening now this is not science fiction this is not going to happen in the future businesses are using predictive models to. day as we speak so is health care so where the fine is so is the financial industry every industry and every leader every economy will now be able to do something in the present to affect
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a future outcome now think about this think about this this means that we now are taking action over events which have not manifested yet they haven't occurred yet and this automatically throws it into a political argument doesn't it because half the people are going to say that's never going to happen and the other half are going to say yes but we have data and it is going to happen which is exactly what's going on with climate change it's become a political football you know you're exactly road exactly with one of these things that that sort of gets me is when you read all the self-help books you know it's all you have to do is do you something ten thousand times or get a certain amount of habits and then there's all this success but failure which is you know failure is the opposite of set of success it's what most of us are trying to avoid we don't want to fail but all failure isn't created equally how has this you know predictive modeling and big data and the study of it change how we look at
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how we should look at failure. well one of the things i explain to people is is that in a highly complex environment you have to make friends with failure and that is because the definition i use of complexity is there are more wrong options than there are right ones and the number of wrong ones are growing exponentially now in an environment like this you can't stop and try to call it right. what you've got to do is what you do with your investment portfolio as an example there's an example of a complex dynamic environment certainly you don't go out and put all of your money on one stock if you have then good luck to you you're just gambling but what you do is in a complex environment you spread it around and as bonds go up stocks come down maybe real estate investments go up and stocks come down you know you hope to have a nuff diversity that you're going to come out ahead in the end and that is also
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true and in any kind of complex dynamic environment like the one that we're going through right now until predictive analytics can for certain predict the outcomes of virtually everything we are left with trying to daven gade a very complex environment where there are more wrong choices that there are right ones and the best way to do that is to use diversification even venture capitalists only get it right ten or fifteen percent of the time and think of the due diligence that they do right so you know you're not going to call it right all the time make an allowance and make friends with failure but here is the key fail fast and move on. good bad leg bad good very good bit of advice fail of a move pick your cell phone keep going or they're going to. read about. one final question because this kind of struck me is weird is something like what you know
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a chaos theory to predictive analytics knowing that the predictability of the unpredictability of the world were those that fall in predictive analytics. i will tell you that there will be no more on predictability we will know the outcome of absolutely everything in the future the only question that remains is will we take action you know where we're finding out in the to. heiress attacked in barcelona in the paris terrorist attacks in two thousand and fifteen as we go backwards we find that these terrorists gave us every clue we had warnings on the two thousand and fifteen paris attack from from turkey and from iraq they knew exactly the sounds they knew the actors but the problem is that we find out about this after the fact and so the real question is if we have the data if we know the probability is in
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the ninety nine percent trial that these no farias actors are going to committed an act what are we prepared to do great question to rebook or cost american social just host of the some record of radio program the cost reporter and author of a new book or on the verge. of interview thank you so much for coming on very very very interesting stuff. thank you so much for having me i appreciate it. a former staff member of the british embassy in paris said on facebook recently that french politicians all look like film stars whereas the stress and fatigue apparently hiding under a lot of very very expensive make up former president spent a famed eleven thousand dollars a month of french taxpayer funds on a hairdresser while simultaneously pushing through bills that would diminish the rights of workers in the nickname shampoo socialist not unlike his predecessor nicolas sarkozy who is penchant for luxury vacations and pricier
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a band's turned more than a few eyes sideways when he spent eight thousand dollars a month on his make up now french president emanuel. is letting his aristocratic swagger shine through with a big beauty bill of his own french magazine lapointe reported that the president spent nearly thirty thousand dollars on a private makeup artist during his first three months in office but his stint housewares the expenses were a matter of. say and let it still less than what is his predecessors spent i don't know time maybe i was born with it maybe it's just fantasy i think graham i mean i think most politicians kind of err on the side of gravity because there's a really cut down the worst paulsen that's a lot of money a lot of a lot of money clearly we're probably doesn't look as good as these two and there's not even any way glitter or a bit doubtful that is cars are going to everybody remember in this world we're not
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told real loved about ford tell you well i love you i am i robot and i'm top of the watching those hawks out there and of a great writer but it. doesn't not ones up. enough loser don't want my next nights on the definitions you know i'm back in the. king of new south. and. take them you know he could see the. doctor give them a good and then you're going to bring you know how is that kind.
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of movie he was. going to do you know one of the. sounds are. going to be this just doing this one meaning i love just i you know be deep but let me say this them tokyo find it he's. going. to let go. this is what it was because did a piece of dancing cultural if you pulled the premise.
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we are. an explosion this morning rocks the afghan capital in a heavily protected area near the u.s. embassy. elsewhere as texas residents fleeing the devastating floods has put a shocking response from some trump opponents who are less than sympathetic it seems towards the awful plight of the mostly republican state we'll tell you about . belgium demands compensation from israel after six eve funded schools have been used in the west bank our correspondent travels there first found take a look and. as u.s. sanctions against venezuela take hold goldman sachs seems to have dodged said
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restrictions after plowing billions into the country state oil company. just past ten am this tuesday morning here in moscow right now over a good morning for me it's kevin zero in with you here today and first breaking news and that's coming from afghanistan in the last hour or so it's about an explosion that's this morning hit at the entrance of the bank of kabul in a particularly sensitive area near the u.s. embassy in near a number of other diplomatic buildings let's go live to local journalist. who's on the line i believe i was unable to talk to before you can hear us morning kevin owen here what do you know about this latest attack in such a sensitive area as i've just been telling our viewers. we know from kabul police. explosives in his backpack was identified
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by. the new kabul bank almost twenty thirty meters from where a little bit more from the u.s. embassy would say actually quite fortified and heavily protected and. he managed to detonate explosives at this stage we're being told at least five people are confirmed killed at least nine people are wounded this was a very crowded area this is a man brought people who were waiting to get paid ahead of the mostly government soldiers in the initial stages kabul police believe that there was one or more suicide attacker who could have got inside the bank obviously that would have been very deadly attack if that had indeed happened and this is an area that is very much central there's a lot of security outside of the u.s. embassy the actual u.s.
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embassy is quite well protected and a lot of the transportation for u.s. diplomats and officials is by helicopters because they fear these sort of attacks again just to clarify that this was an attack against two very busy private banks quite far away from the actual building of the u.s. embassy and the nato led mission and resolute support here in kabul yeah and to clarify again correct me if i'm wrong well this happened what they call the heavily protected green zone in kabul an area that should be sterile of this kind of thing while it is so but the security there again because it's not the first time the big attacks in this green zone that should be a fortress. i don't think that i believe in the concept of green zone specifically for you want me to tell you that that has helped prevent these deadly attacks obviously this is outside of the green zone this road is open to the
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public people use it this is also a residential area mockery on a neighborhood that was built by russians when they were here these are residential flights i think what we have seen over the last many many years is that the afghan government. continues to fail to learn the lesson through these deadly attacks because this is not the first time that a bank has been attacked in this fashion everyone knows that this few days before it comes in this is a major holiday for muslims including people in afghanistan so soldiers government employees ordinary citizens would be going to withdraw cash to get their salaries and i think as i say it this this blatant. security an intelligence failure is just continues i don't think there are any other words to just explain it but just to repeat myself the people of afghanistan don't feel safe in cities in villages in districts in the highways and unfortunately i think that's
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the challenge for the afghan government and its western allies to really deliver on providing security but while just one ten second last final answer for us we get this clear in my head and for of us where this happened did it happen within this heavily fortified so-called green zone we hear about a law or is it as you were saying in a more public area. it has happened in a public area a road that's open to transportation twenty four seven this is a residential area as well but obviously it is less than a kilometer away from the u.s. embassy from the nato led mission resolute support by those locations are very well fortified and as i said even for transportation the use helicopters so they don't use the roads even to go to the cars international airport which is a short ride or to other missions that they have in the city i just took three of
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us before you go we're hearing now for people of the three injured according to the afghan interior ministry for now thanks for your time we'll let you get on with it thanks for updating us today local journalist there in kabul. blast comes just a week of a dong trump of course announced his new war strategy for afghanistan we will also expand authority for american armed forces to target the terrorist and criminal networks that so violence and chaos throughout afghanistan president's new plan provides no framework for withdrawal of the he said ministration did hint at a boost in troop numbers chose to keep the exact number secret however he did say though he also wants nato allies to throw more troops more money into the pot too but that's something the people in afghanistan might not welcome at all. why did you go you couldn't leave american and afghan forces carry out operations at night sometimes their intelligence reports are inaccurate civilians including women and
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children get killed. there was a doctor is of course sulu is hit by a drone strike and another man was on his way home when he was killed. while we look at the u.s. operation into the house and saw a schoolboy they shot him dead later they said they had killed the taliban trying to before they left blew up the entire building. at least eight people have reportedly died in those devastating floods in the u.s. state of texas that's being pounded still by tropical storm harvey has been downgraded from a hurricane bertha little comfort that storms affected hundreds of thousands of people the city of houston is one of the worst hit floodwaters are expected to continue rising for a bit the damage from that storm is still to be assessed but already it's being compared to hurricane katrina back in two thousand and five president trouble set to head to texas to be briefed on relief efforts but shockingly for some this disaster has given them
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a political angle to go in on one twitter user praised the flood for cleansing texas of racists others a jubilant that trump supporters could be affected some said voting republican could have brought this on texas. political analyst charles alltel told us that in the face of the tragedy the nation should begin knighted not if i did. texas first of all is not a state that is one hundred percent white by any stretch the imagination there is a large minority hispanic population there is a large minority black population in texas this is a natural disaster it has caused untold suffering we still don't know how much damage is down there yet and you know this is a time where people should really be coming together blaming a natural disaster of one hundred somebody because his or her political view views is stupid basically i was here in new york on september eleventh two thousand and one the outpouring of love and support and true help from around the world not just
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from the united states to this rich city of manhattan was a spectacular that's what houston needs us to texas needs and we certainly don't mean lessons from supposedly leftists that are really just hateful it's hate speech horrible. return the first seven months of donald trump's presidency is seen as support slashed by more than a fifth but if you thought the democratic party were going to make gains on that as colored mopin reports next there are surprises some set prizes in store for you. only seven months into his term and already trump is being labeled the most unpopular president in all of american history so you'd think that the democrats would be riding high given the focus and volume of trump bashing i've seen it over and over again i think he's the most deplorable person i've ever met in my life he's not he lives a lot. he says things that aren't true that's the same as lying i guess president's behavior make i mean as as you point out it's sort of shocking but not surprising
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turns out that for a lot of americans opposing donald trump does not equal supporting the democratic party at this point only forty two percent of the u.s. public has a favorable view of the democrats and this is translated into fund raising difficulties in july the democratic national committee only raised three point eight million dollars that's the worst july fund raising they've had in over ten years and at this point polls show that for many americans it seems like the democratic party is just all about opposing trump. the democrats have a message a message beyond dump trump you know an actual policy message we decided to ask folks here in the democratic party stronghold of new york city the policy proposals . i mean specifically i'm not sure no. nothing comes to mind nothing now. now. can you tell us one policy proposal the
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democrats have put forward in twenty seventeen. peachtree. like hating trump is enough for the democrats to to win on. now i mean they have to have something to back it. would get struck with something is the stupidest thing you could have actually you got to come up with something come up with solutions to the country they don't have a message they have a message that trump is evil and anybody who supported trump is evil and frankly that doesn't sell i don't. i think most americans think of themselves in those terms even if they don't particularly like trump and i think the democrats are coming across as having no ideas no solutions betraying their traditional working class base in favor of identity politics and it's not doing them any good it appears that fueling anti trump sentiments is not really a solution for the democrats if they want to win the voters trust they need to emphasize what they stand for not just what they stand against caleb oppen r.t.
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new york. belgium has demanded compensation from israel itself there israeli authorities raised six e.u. funded schools in a village near bethlehem last week the children now off to study in tents or outside. the soldiers came and started shooting in the air throwing grenades at people and then they started destroying the school and as you know i feel so sad that our school has been destroyed. i'm so upset because the reason i was school i love studying so much one day i want to become an engineer as we've already mentioned the cabins which were meant to serve as schools were denied by the e.u. as well as all the necessary education equipment to the main aim with the project was to provide local children with an opportunity to get an education their home now the nearest school after all this is an hour's walk from where they live that's a lot when you're a kid belgian one of the countries behind the educational project has condemned the destruction saying the move by israel is unacceptable adding that the project was
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to meet humanitarian needs and that it was in keeping with international humanitarian law our correspondent polis leah traveled there to check out what's happening. the night before the new school year started israeli bulldozers arrived here on the outskirts of the palestinian city of bethlehem to demolish seven caravans that it recently been erected as a school for some one hundred bed when students from the area now this was one of fifty five schools in the area that had recently been given a demolition orders but the difference here was that the demolition order came the same night that the school was destroyed they were sound bombs there was tear gas and the solution has been this tent that was put up to try and accommodate at least some of the children so they could hold classes. when there is a strong wind would get cold we have classes in direct sunlight some of us might get sunstroke and get sick and one gets called or people get ill too creditor had
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committed at the lab to visit in nuclear kids from a village were so happy when they had a school and when it got destroyed they were very upset the kids used to love going to school they were so enthusiastic about it and now they are asking all the time why do i have to study in a tent the children need water bathrooms and there is nothing like this in this so-called school the situation inside the tent is extremely cramped there are four classes that are happening simultaneously now and most of the students are not in care they've been sent to a school that is around ten kilometers away and as you can well imagine it is a far distance for children this age to know and many of them say along the way they are often costed by said here's a quote i actually know we generate from council in the first quarter of this should it when she spoke cases of schools like this being destroyed by the israeli army post here r t two but i did outside bethlehem. ask the israeli
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officials for comment and judging by the response they say the schools were built without the required planning permits from the israeli authorities know that fact has been presented them as the main reason behind the demolitions to me truly ali a member of the fatah revolutionary council told us there is a shortage not only of schools but also hospitals and housing because of israel's reluctance to give palestinians construction permits. this time we talked about three schools but these are not the first three schools our hospitals. suffer from the same thing our economy suffers from suffocation israel has by international law the responsibility of building schools they do not build schools. and at the same time they don't give permits to build schools. nor nor houses we have shortage in hospitals because israel doesn't give permits to build hospitals and at the same time they are building freely on our land schools for israeli settlers who are
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illegal colonial sellers on our land and they're free to build their schools and fifteen inches or more to moscow time ahead the confederate flag manufacturer saying a surge in sales in the wake of racial divisions in the state is one of the stories coming up after this break. coins for trust it's a mathematical formula. think about all the. people on the road are going to be. working. third parties all day long point is the first international currency required. consensus. the protocol.
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would you not. if you're getting. a number of political leaders across the globe. that imposed on venezuela last week being branded a financial blow and a violation of international law all monday the chinese foreign ministry should be a reaction to the news too. the experience of history shows that outside
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interference or you know after all sanctions will make the situation even more complicated and will not help resolve the actual problem the u.s. sanctions applied friday target any financial deal struck with president maduro his government as well as with the venezuelan state oil company experts say the sanctions could send the country down an economic spiral and cause rampant inflation in a bad state already however one multinational investment bank has managed to dodge these new restrictions the bank is goldman sachs it's said to be the only company on the list that is exempt after its controversial decision to buy almost three billion dollars worth of the bonds in venezuela's state oil company in may the move then was seen as an attempt to supply fresh funds to materials government but goldman sachs denied those allegations saying nope they made the investment because they believed in the brighter future of the country professor of latin american studies done you'll sure there is convinced that the financial elite pulling the strings here you know how hypocritical the us government is supposed to be knowing
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that as well one of the largest us. profit margin is the frog each new stories in the mainstream media always seek to deal with any country serious is sovereign outside of the us so you see these banks are the same is because they are in profit off the venezuelan markets of it as well and it shows today who's in truly interim myriad of the us economy they've been. doing it is what it is that it surely controlling us in the president's theory of view on this from where is happening not he spoke exclusively to venezuela's foreign minister about the tension between the countries he believes it's the opposition in venezuela those to blame for the new u.s. sanctions. the most natural reaction of international organizations like the
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un would be to recognize that the sovereignty of our country must be respected curb attempts of interfering into the internal affairs of venezuela and refrain from adopting a policy of unilateral sanctions that violate the principles of international law so that you understand what kind of opposition we have there have been lobbying going to washington to achieve those sanctions against venezuela know they are trying to convince the people of venezuela that the sanctions are the fault of president ma durham this is completely absurd and the world must know this. don trans delivering on a campaign promise his administration is going to impose visa sanctions on four countries for refusing to take back their own citizens many are in the u.s. illegally or facing deportation over criminal charges one of the countries in question's cambodia in twenty seventeen that country greta received thirty four deportees but only a quarter of them returned home in fact when you look back from two thousand and two almost six hundred people faced forced deportation to cambodia jacqueline virga
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takes a look at what's behind this latest. cambodia is a state that rarely makes the global headlines but that could all be about to change given that stinging criticism for america recently it comes after the u.s. state department's comment on the country's state of democracy the united states government is deeply concerned by the deterioration in cambodia's democratic climate in recent weeks two months ago cambodia received widespread recognition for running transparent peaceful local elections in the past two weeks however the achievement has been eclipsed by troubling government actions curtailing freedom of the press and civil societies ability to operate cambodians are well aware of what a democratic process means you do not need to tell us what it is we wish to send a clear message against the us embassy that we defend our national sovereignty and here's what might have brought about this war of words cambodia recently expelled an ngo from the country and that receives funding from washington they fishel reason given was tax evasion problems began for the national democratic institute
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when the organisation was accused of working with the main opposition party in cambodia there are n.g.o.s who also will want to create a color revolution and topple the government like they have successfully in other countries so why is the us even interested in cambodia well it may have something to do with the fact that the come bodhi in government has begun to take a more anti-american line counseling financial and military aid from the u.s. and turning to china for assistance instead and cambodia isn't the only southeast asian country pivoting towards china the outspoken president of the philippines explain his change in foreign policy when it comes to the u.s. you know this water being. unable to stop is good would have been a belief with you why because western were. you'll never. build this. and alliances
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like this one aren't sitting well with washington that had served the philippines years so he leaves for china negotiated with china we've been to the philippines practically for ever a very important strategic ally and what happened was china and russia are probably going to take it america's loss is fast becoming china's gain while the us just continues to criticize those pivoting away from all the alliances so many seeders understand that. the. united states where. we live says that yes it is sold china hopes to even be able to say is so as the best option. as the best friend. i avoiding in defeating the next leader is. in contrast to the western countries. as the battle over civil war
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monuments rages in the u.s. one company seems to be profiting from the controversy we're talking the confederate flag manufacturer probably one of the few remaining saying its sales have booms since the violence in charlottesville earlier this month a white supremacist rally over the removal of of confederate flag monument resulted in st paul's there killed when a car rammed into a crowd of kind of protesters some of the hate groups that took part of the unrest often display confederate flags during their rallies and sort of flag manufacturable in the kennedy says though the symbol shouldn't be used to achieve a racist agenda. i think it just simply goes back to a protest against the protests. when people say the monuments coming down they want to show support for the monuments staying and the way that most people are doing that is by buying a flag to me the flag is historic. it is no different from a bitsy ross flag or
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a gadsden flag or a bennington flag or any of the other flags that fly on our country's history. i hate that some of the white supremacy groups. the k.k.k. and all these other neo nazi groups have essentially hijacked our flag and that's how i look at it i look at it as what should be an illegal use of a historic object. just quick recap ten twenty five this morning moscow time of the breaking news an explosion we're hearing is what the central capital in kabul this morning close to the u.s. embassy in a heavily protected area for people who. have been injured in what is reported to be of the genocide you spoke to there on the site the suicide bombing it's unknown who was behind the attack but explosion comes a week after donald trump announced his new strategy for afghanistan or across the developments is going to come in the coming hours and we'll bring it to you
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meantime facebook you tube with when you need the latest updates from whisper tweet . from here q moscow from kevin o. in signing off to see a good maybe if you got the time in thirty minutes. seems wrong. just don't. get to see out the answer. and it. equals betrayal. when some find themselves worlds apart we choose to look for common ground. the two thousand and eight economic crisis turned some countries into peg's these
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are the countries with weaker economies that needed austerity policies if you are in a situation of flow bloat even the recession austerity is a very bad idea it doesn't work and it makes millions of people very unhappy those who are unemployed see their wages decline the whole most a decade how good are the results. people gathered in greece to watch the old beat people with your daughter june. she. mean two for legal. ways they see something. while the same mission is still in place to one of the consequences to. bluebird. who will first. of this is the truth be considered is the consequences are actually quite acceptable to the decision.
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that the kaiser. look at this is. look at that. it's terribly. the reason i bring this up is because. this is what i spoke of stacey that i see. on stilettos. that's what i said. for you know stacey apparently you can't eat your key lime pie you just have it. would be marriage is all about. in the crypto world
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you can have your key lime pie he needed to coin bond launch brings digital currency step closer to world of high finance japanese financial information firm fisk zero announced monday that it is experimenting with the country's first bitcoin backed bond the news follows other announcements in the last several weeks for bitcoin options futures and an exchange traded fund tracking bitcoin derivatives and the us maps keyser derivatives market entering the big space bonds futures is this a good thing bad thing would do you think you know this is amazing because i think of jim records i think of royce about the c.e.o. of gold money and jim records of course is a world famous author author of. gold plus currency war plus the everything stinks and we're going to hell i think is another one road to ruin road to ruin and of course jam first royce it was saying that you know
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tax factor for bitcoin is a vulnerability that will never be overcome and then you know one of these big blocks three and i confuses blocks a block stream says we're going to launch satellites and take you know big into the satellite or a you know and bypass i.s.p. so that attack vectors been dealt with then of course they can like jim rickards all say jim it coins of currency and i'll say now there's no depth to it show me where there is a big cooling bomb and show me a good coin both of those jim records ok i'll show you but going bob is right here in first in japan right here is part of multi-trillion dollar but actually go system that you're missing because you have to doxy that your own willing to challenge the same thing that most economists face as they go into the sunset of irrelevancy sorry buddy. but that's just the way it is of course this brings
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liquidity to the market and this is often a big problem with big quiet you'll see it tumble by a ten fifteen percent in one day or go up that much in one day partly because of the absence of liquidity so do you think this will deliver liquidity to the markets yes that's the point the liquidity the depth of markets including all kinds of derivatives and bonds and everything you say in the modern financial markets are extending into bitcoin another question is would i buy a big coin bob and the answer is probably not because i'd rather just on bitcoin a bond by definition you have a limited return based on the coupon of that bond whereas if you're going to buy big going out right you don't have any upside. cap you know you can just ride the price of bitcoin of course converse lee with a bond you're going to get your principal back at maturity so that's why people buy bonds but. in the case of bit coin has some of the key lime pie. having trouble
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breathing this is pretty gross you know to the international audience watching us here but not a lot of people just to have a sympathetic reaction anesthesiology i think it's called where your vision mixes with another sense in this case your sense of smell so people actually just smell of key lime pie and they're all the factory senses collectively when the going to go there's going to be a run on key lime pie i predict if you do go search on google key lime pie cheesecake tonight you'll see a spike based on my burke right anyway so you know there is another group of people who will say well now that there are going to be derivatives and futures and bonds and all sorts of paper contracts available on big coin just like we saw in the gold and silver market say bankers will enter and start manipulating you defrauding other investors in the market by using the paper to set a paper price rather than physical price well i think that's interesting because in the gold mining industry there's a lot of turncoats a lot of people in gold mining industry we saw this with american barrick for
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example they would hedge their output of gold and they would be in cahoots with the wall street bankers taking a quick buck and destroying the gold market as we know it and this is endemic across the gold mining spectrum in the end the industry a lot of sellouts people it could go for example they write a lot of slam pieces i'm not sure why lists are doing some underhanded business over there which i suspect but with bitcoin you have really zealots that are going to i think resist the approaches from wall street scoundrels and they're going to let this thing ride you know we've got to get two hundred thousand dollars per bitcoin to capture approximately twenty percent of the market cap of gold i think. on over a bit maine says she didn't mention that notion as you know. he's gone jihad in the big client space i don't know there's a there's a guy who could be you know potential threat you know bit coin cash. you know things are happening but there's even that the thing is that they're the whole
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market entering into such a wall of fraud in the derivatives industry you could have the worst management on planet earth of the big client space and still you could get to a trillion dollar market cap the market cap right now is about seventy four billion dollars up and down up to fifteen percent today so he could be it could be one hundred ten billion by the time this airs or it could be fifty billion so who knows how many roger very vera nomics you know rogers verizon saying you don't understand economics i do leading up to big cash and people are saying come on roger just give us a break just for those maybe roger is not wrong just for those who might not follow the ins and outs of the drama of bitcoin big queen cash is not. cash is another currency it's not it's a form just so just a little know because they might be confused now watching burn off but don't be stupid something off it's a spread a big deal but going back to this products being offered in japan is being tested
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fiscus three year bond was issued by its digital currency exchange unit for an internal trial on aug tenth according to a google translate of the press release the bond has a three percent annual interest rate and returns big coins when it matures the total worth of the bond was two hundred or nine hundred thousand dollars the price is that which is being reported back don would allow large institutions to store value using the digital currency and potentially be more open to accepting big coin as payment well mrs watson nobby the mythical japanese housewife who moves four x. markets over the years because in japan they have huge savings they have a lot of cash and the housewife manages the money the husbands are drinking themselves to death at work the famous salary men they find corpses in the subway system every day and she's training for x. and doesn't care about her has been dead for months and why. doesn't even know she's busy fighting for her ex and if she grabs
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a hold of it coin and you have all these mrs watson abi you know that whatever they talk about bitcoin amongst japanese housewives in tokyo one word keeps coming up. and i say which way is because i'm going mr watson i'll be. so you know it's a self-fulfilling prophecy that a little sabi will get nice friday night you know there's a lot of single of go ahead i'm sorry of course big question was invented by the nakamoto to definitely has a japanese name whether or not he really is such finnish it could be cultural appropriation we don't know but he could have just culture appropriate it for mrs watanabe if the price should go on hire all my culture can be appropriated all you want all day long. and here is a nice sentence for again so people. can you tell i own a lot of good cards. well. here's for people who again you know are new to this because it's face to his this is a new. story being covered by the mainstream media so
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a lot of people might have only just heard about it if they hadn't been tuned into kaiser report back in two thousand and twelve and thirteen but historically this is a good paragraph where crypto currencies were very much a domain for crypto anarchists and tech savvy people and that has changed in the last couple of years says nicholas nicolaus c.e.o. of swiss based digital currency broker bequests wis quote this means a whole new ballgame of people are going to get access to the market well you know there's been a brick get it this is barry silbert in new york his company which i know that list the ticker symbol is b g b t c but what you have is company greyscale grace scale grace that is that from game of thrones isn't that what they have and like the people the grayscale the raw people. greystone maybe i forget the name of the i think changed that's going to be trending now on google to grayscale or greystone but berry still work just look at us name not related to muriel silber who had
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a discount brokerage firm in one thousand seven hundred think barry can correct me if i'm wrong which i met her a few times. in the eighty's he called the time line very sober he said if we show on this show you know he said we go from an arc of capital and cypherpunks to early adopters to more serious players and to banks to wall street the or the wall street i think was this is the year that he called it now or heading into the year all reserve banks australia the reserve bank's thinking about buying bitcoin i thought chinese people's you know people's people bank of china p.p.o. c. was you know you first thought russia was going to you know russia a year ago when i was at the world economic forum in st petersburg that was actually i three years ago three years ago i told the kremlin people that they should get into big point and it was like trading under fifty bucks just see you know max and not speak to anybody in the kremlin he was standing on the corner of somewhere i wasn't. i was all the time until i got jack did for the final that's
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true because i made some fun of people but i was there but you know what a lot of people say people like jim rickards will say that because it is a cult i think it is also the call that a cult so just so you know there are these crypto anarchists out there and one day they could rise up and like. it into keeping with our game of thrones thrones theme you know they could be like the fundamentalists coming out it's called resistance because it's just really good consensus distributed trust it's the coin solves for trust it's a mathematical formula that solves for trust think about all the institutions in your life that require trust you trust people on the road are going to be not crashing into you trust that the doctor is professional you trust the hospital is working in a trust third parties all day long bitcoin is the first trust international currency that doesn't require trust it just requires consensus to buy into every ten minutes the protocol and why would you not be buying into this protocol if
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you're getting fabulously wealthy or watching central banks collapse oh we've got to go darn it well we back after the break don't go away. with this manufactured consent to step into the public will. when the really close is protect themselves. with the flaming. lips and be the one percent. we can all middle of the room sick.
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last time we chased. each one of. twenty kilos of.
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welcome to the wonderful world of blood donation i come here every three weeks to get my transfusion to be specific i receive in. my body gets and somebody that i cannot produce itself around the world giving blood is seen as a symbol of generosity. helps people that's one of the side effects is that it. puts money on your car radio we don't have all plasma based drugs today come from private companies and are produced from.
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one of the risks of paid donation. is proof that the frequency of pathology is much higher paid. over two years old. and who runs the blood business. travel destinations must be nice to live. tourists disrupt the city's economic and social life before this on the same. sun nas. as. a.
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bit of a. couple. in the bushes up the on saabs not the supposed to mean a. lot of. people feel. welcome back to the kaiser report i'm asking as are time now to return to wolf rector of wall street dot com wolf welcome back thank you for having me back mike all right well hunter we're talking about geopolitics economics debt china america germany i want to return to the theme of china you know china is running these huge deficits and they're the emerging empire in the world but
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a lot of folks observing what they're doing in china think that it's a big bubble it's a ponzi scheme it's going to blow up kyle bass out of texas is one of these folks he's got a big as ron is shorting china in a big way is it true maybe you can fill me in on this is it true that the government china is aware kyle bass and his ilk those has fun guys shorting china and it just riles them up to try to kill their stores by going in the market and putting on trains to compete with the hedge funds is that is that purely anecdotal no substance to what or what do you see what have you heard what china certainly very adversarial relationship with short sellers and the stock market crash you know they're arrested some of them they made short selling illegal in many ways and you can't do that with foreign shorts
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bass so they have to play by other rules and when called to ask a man out with. is short he did a very publicly scathing report on china and surely the thor it is picked up on that it was all over the media and you know the chinese authorities reacted actually at the time. and you know one thing shorts always forget a lot of times is when they're trying to attack another. our country is the tools that this country has at least in the short term and that's what a short so it's looking at it's not looking at twenty a time here it is looking to make a trait and that trade has a timeframe and if if the country can coordinate orchestra a it's policies and forces to to blow that short out of the water they'll do that and this case. you have a central bank you have a government and a half
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a major government owned banks all coming together and you know since sense so a mountain was made the currency went up three percent against the dollar and there was a cost it was a short against against a currency and so it has a sense risen about three a little bit more percent against the dollar. china has successfully cracked down on capital flight at least a large extent we've seen the united states. acquisitions by china in the united states have essentially crashed over the last few months. and that's not just. industrial companies but also real estate commercial real estate and others so that that supports their currency it supports their reserves the foreign exchange reserves. and it has really tripped up well as one of the solid bets of the last three years which is to short the currency because it had declined against the dollar essentially straight for three years until the end of
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two thousand and sixteen and then it turned around and so this year it's turned around and it's going up. so you know that yeah i think it's kind of nuts to go out and tell the chinese authorities that i'm going to bet against you i personally think that's a very courageous bet and i wouldn't want to take it so i'm moving right along you know we've got china plans at least five years ahead of its economy. and the wind is the workers it's got industrial policy we also had industrial policies as we became the global. barrier and i states we no longer have industrial policy is stated as such is that mistakes of the us be really managed so the government step in and manage the us economy more actively in the same way china does to compete with china while probably managing the economy in the yes would not be a good idea but i think there are a lot of policies that we have that impact trade that are not very good and the way
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we are encouraging companies to offshore i think that's a problem a tax code is a problem and it needs to be thrown out in the replaced there are a lot of policies in the united states i think that need to be fixed. and that have to store did. they condom in the united states so i think it's more a problem of having the wrong incentives in place than trying to for a few people to to manage to micromanage the economy itself i think that will fail in the united states economy can manage itself quite well i think if if if the proper incentives are there and you know the low interest rates in the united states a key all these things that really distorted. our the way catalyst being deployed we you know companies are focusing more on share buybacks they're the last
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big purchase of stocks out there and they're focusing on on expanding their businesses doing research and other things so we've given them financial incentives to do their own thing and obviously that's. that's not very helpful and. yeah automation will continue to kill jobs in the united states it will also build other jobs that is a process we can't stop but i think we can change the incentives you can change the tax code we can deal with. the incentives there cost companies to buy back their own shares so used to be illegal in our company whidden can buy back its own shares and it's considered stock manipulation now it can you know and that's a that's a very big thing and we're not looking at three trillion dollars over the last five years or so that hasn't been invested in production that hasn't been invested in developing new products and expansions that's just just disappeared in
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a lot of that money was borrowed money so that debt still out there. and there's no productive entity there to pay for that debt so i think you know those are things we can address without really having five people managing the entire economy they make a good point there that a lot of the stuff that used to be illegal is now legal like buying back your company's stock used to be illegal now it's legal because it manipulates the price the stock any cigs that can a stock options tie to the price of the stock and if you can borrow money from the federal reserve bank at zero percent interest and buy back shares in your own company watch the stock price go up in your a warning or soft stock options for pennies on the dollar and you're cashing in for ten twenty thirty dollars an option you're specially transferring wealth from the real economy into the pockets of these kleptocrats enabled by the central bank so the central bank is acting in a way that mitigates any notion that america is a free market capitalist society. the price of money is dictated by central
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authority this is no different than in china or in russia aren't anywhere else in the world and america can't seem to get over the fact that it's no longer a capitalist society the forest is crashing it much and would be much better if everyone just wore him out outfit and sang the chinese national anthem i because that's closer to what you have in america economically speaking but you know weeks we check in with you from time to time to see how the san francisco property market is doing and engaged in an epic bubble and people are on deathwatch suicide watch isn't ready to collapse yet ours are more alive to the san francisco property bubble well for after the two sides to the commercial parts of apartment rent and there the homes of people own and apartment rent have started coming down and they have a fridge to extraordinary levels to war people just couldn't afford them anymore
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and the huge supply of new condos and apartments coming on the market a lot of the condos that a big old are investor owned and or rented out and so that that impacts around market rents have come down quite a bit since the peak in two thousand and fifteen we've also seen incentives crop up . and that's that's new for san francisco really happens now on the housing prophesied condos and even houses peak in two thousand and fifteen and then kind of flat lined and that sort of state up and down a little bit as if the flat maybe with a slight downward trend on joe until may would head pick spike in prices in may particularly in houses and so we'll have to see the other some as volatile we'll have to see how that works out whether that was just a temporary spike or whether the bubble will come continue to go on. obviously
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and i'm just doing the report on that right now. now is getting so expensive that people can't afford to live here anymore so they're leaving companies are leaving. the employment growth in san francisco a year over year and i just got the number today is like one thousand two hundred jobs in the last twelve months which is they used to be twenty five thousand jobs a year in now and join the peak of the so the last six months the employment growth has just wish it away and meanwhile we're getting all these new housing units paint built so yeah we're looking at some fundamental issues here that the san francisco housing market will have to deal with and probably starting in the far wall so negative employment growth i mean keep up these numbers on a monthly basis but right now it's close to zero and if the trend continues by next fall it'll be a shrinking employment base or shrinking label force and the learning supply of housing so you know just basic supply and demand that's you know later something will have to give and finally one of silicon valley they've got
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a lot of hope and hype around these soft driving cars artificial intelligence a lot of other telepathic knowledge isn't. doesn't immediately humans out of the economy i do believe that i kind of purely bought an algo driven economy deliver of the prosperity of offer all there. and now i don't think they can deliver any kind of prosperity. maybe on the contrary if they happen on a commercial basis you know year those four million five million professional drivers out there that are liable to lose their jobs. this will not be good news for them and it will be very difficult for them to find a slot somewhere else but in terms of self driving cars happening yeah they're happening and now there's there are thousands of them on the road right now being tested. it's a technology that's still very expensive there you know they're they're not production montes a hand built prototypes at their experiment. in with. so ford's thinking that by
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two thousand and twenty one it will have its first car which out of steering wheel out there can be used by. by right hailing companies like taxi companies or write your companies their companies are a little bit different timeframe but that's kind of what we're looking at five years from now you'll you'll see them show up in some numbers. you know a lot of money is being spent on this and every company is shared trying to go to just on the forefront google never build a car but they're trying to build a system that runs these cars and this is very new competition for for detroit and for the automakers overseas and so there are there is here is the struggling to to get their arms around this technology now people are not common sectors always funny how people reacted after having caused all this and never happened they said this five years ago when the only thing out there was it's all google pod i'm not
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a parking lot and they're saying it now when we have thousands of cars and traffic going through different cities in the world yeah and so this technology is start to be functional. human drive is a terrible thirty seven thousand people were killed last year by human drivers so these algos only have to be better than human drivers and that shouldn't be that hard to do yeah well taloqan a outof there i may make a good point i'll thank you science going to stop a lot of these industries including the sexpot industry well thanks for being on the kaiser reports expect to say thank you x. and that's going to do for this edition of the kaiser report with me max foster and stacy herbert i just thank our guests well for rector of wall street dot com if you want to reach us on twitter it's kaiser report ental next time buy you off.
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but politicians do. shoppers are going to. put themselves on the line. to get accepted or rejected. so when you want to express an interest or some want to be preached. at you're going to be prosperous like that before three in the morning can't be good. i'm interested always in the waters of my house. there should be more. than enough ones out. on the flues often i don't want my next nights on the definitions and i'm back. when you can at the new south. take in the equal city south just. down to get the band and then you get ready for it. now it's a kind. of young movie it might not be. good
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enough you know not beach to be out of sight is out. in this just feeling if one means i love this they not be deep but let me say this them tokyo find it is going to happen good good good. good man out. of his work was because did a piece of dancing quadrille cultural critic for the grammys.
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at least four people are killed in a suspected suicide bombing in the afghan capital kabul near the u.s. embassy. coming up. texas residents flee those devastating floods there's been a shocking response from some trump opponents who it seems are less than sympathetic towards the plights of this mostly republican state. funded schools. in the west bank. and the u.s. sanctions against venezuela take hold but it's goldman sachs says.

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