tv News RT January 13, 2018 1:00am-1:30am EST
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and market closed higher than usual five days in a row marking a new two and a half year high and closing above four hundred for the first time since mid two thousand and fifteen meanwhile nikkei in japan is trading at its highest level since one thousand nine hundred ninety one according to market watch now although the dow has surpassed the twenty five thousand mark and hopes are high for strong earnings for companies across the board many are still wondering exactly how long it will take to get the dow jones to thirty thousand in the financial district for boom bust turn of each others are to. really great data points the dow has risen and there's that buy ins and p. rather four percent so far this year time now for a quick break but hang with us because when we return we'll see why canada is taking the united states to the core of the world trade organization and ask alex mahela bitch if it means more that it seems as we go to break here are those numbers at the closing bell to close out the week.
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unfortunately it appears that once people learn that you've reported in a sexual assault or may have been involved in an incident that they become scared of you instead of being scared of the perpetrator. in the hearts of the swiss alps this is a place probably more secretive than the pentagon more mysterious than the cia and better guarded than fort knox swiss customs i hear pronouns lacewell all the science is controlled by them and they impose the opening times the opposite possibilities from these all plus the procedures in place of the strictest in all europe must to pieces by artists like picasso and modigliani. camped boards and
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sold inside this warehouse that's where the report comes in it covers up deals with naturally discreet commercially discreet step but also discreet because they concern fraud. some of those paintings are linked to dark secrets nobody knows how many of these secrets a kept inside the geneva freeport strip you'll never obtain an inventory of all the works in the freeport who knows how many there are three hundred three thousand three hundred thousand is it a matter of confidentiality only is it the world's black box of the art business. i think there is indeed some tension to kind of come out of to this impasse of implementing the minster agreements next week on the un peace operation. very sensitive politically while contributing countries to be eventually offer troops to
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decide. to have confidence in the house not. yesterday we reported on walmart's announcement of a wage increase in response to a tightening job market but talk about trying to spin the news not so fast after the wage increase announcement walmart then announced in a company wide email of the closure of sixty three sam's club stores sam's club of course is wal-mart wholesale outwit many employees arrived at work to find the locked doors and up posted notice while others receive letters via fed ex some sam's club shoppers arrive to find crying employees happy new year wal-mart says
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each sam's club location employs about one hundred seventy five workers suggesting that over eleven hundred eleven thousand workers rather have lost their jobs three of the close stores are in puerto rico where many still lack electricity after hurricane maria it's possible that ten to twelve online fulfillment centers will take up the slack from the abandoned locations wal-mart is the nation's largest private employer with over one million workers and roughly six hundred thousand locations even after the closures. facebook is thinking of changing the formula for what comes up in your feed the company says they are considering using polls about which news outlets people trust and how facebook is would be willing to pay for their content to shift the formulas that determine what you see toward what they deem more trustworthy content and away from so-called fake news
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viral content and that horrible quick bait facebook also says they pay may promote more posts from friends and family of users over new posts in order to generate more conversation and interaction content creators worry that such a shift could reduce traffic to their sites that are generated by facebook clicks last november facebook announced it would hire ten thousand contract workers to review post after criticism of alleged failures to police news and political content. well as president donald trump continues to say his administration were being tough on trade candidate isn't taking a back seat and is taking the us to the world trade organization to arbitrate matters many times and trade disputes with negotiations between canada the u.s. it involves lumber and this one does but it may mean much more from toronto alex mchale of it helps us get to the bottom of it all alex. you know this is one of
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those situations where a candidate just thrown in a nother monkey wrench into trade negotiations with the united states so we know that nafta goshi ations have not been going too well and it's a lot has to do with president trump saying are you going to pull out of nafta he's going to pull out of nothing pleasant to have to hear it over and over again so of course everybody around mexico and canada clued in are panicking every time they hear that so canada kind of a weird move has now gone to the world trade organization with a completely different view then as you mentioned lumber is a big part of this this lumber disputes been going on since the nine hundred eighty s. and deals with softwood lumber meaning lumber that's used to build homes or for paper cardboard and it's just always been a back and forth for decades so this is really one of the big punches here also canada has a big problem with what's happened recently with the bombard jr airplane builder
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the spat it's had with boeing we know that boeing basically coaxed the united states government to put a three hundred percent tariff bombard products or above r.j. planes the specifically the c. series and talking about that what does who does that hurt it hurts workers on both sides of the border so jobs would be lost on both sides actions like this continue but for canada right now as the world trade organization and the world trade organization the problem it has with the u.s. is they're saying that the u.s. is popping up tariffs and that's against world trade organization rules so alex do you think that other is a around the planet are saying the other countries are saying. to the canadians for for this endeavor given sort of the stance of president trump his administration will seems like canada actually had that in mind it's a thirty seven page document that they're taken to the world trade or have taken ready to the world trade organization and it's an open document that allows other
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countries to just. on board against the us now some of the the big players here are going to be china south korea japan and germany all countries that have complained about the u.s. the way it's done trade it's not a definite attack against the whole america first idea people don't really have an issue other countries have an issue for a country trying to protect itself but once they're not playing fair and a country does not play fair in the world community that's when issues come around and this is what canada is banking on that's why they've opened up this agreement to other countries to join in and they're all going to be like a bunch of little attack dogs on the big old usa how long did these agreements generally these disputes rather alex generally take to go through the w t o process i mean i assume it's many months if not years right. well actually what we're hearing about this agreement it's over this i should say dispute itself it should take about a year to go through the process but let's see how it actually works out with nafta
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talks still progress and we know that there there's a meeting in montreal in a couple of weeks so when you look at that you know canada yeah sure they've pulled out this gun but it's not something that they might not put back in their their holster for later use if nafta talks go in the direction that canada want to see we're trying to play tough guy we're not really a tough guy that's a big problem with canada i got a quote here for me from our international trade minister basically breaks down exactly the way canada is viewing this that's a tax so he's the trade minister whose name is francoise if you leave some power and he says i think the american colleagues understand what you stand strong and sending a message that said well we will stand up for the forestry industry will stand up for aerospace industry will stand up for canadian workers well people see you that your firm so that's when you get respect i don't know about that you know like if you're a little kid in a playground and somebody tells you go stand up against a bully that's been bowling everybody well you just might get punched in the face and that's what canada's not looking at really we're not a tough guy we've never been a tough guy and we shouldn't be playing tough guys that actually when negotiating
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teams are at this point when something like nafta well you do have to stand up to bullies once in a while and just and life like it or not you can't always turn the other cheek so i'm pleased to see people trying to get these things disputed and alex we're going to come back to you when we get to that meeting in montreal in a couple weeks r.t. correspondent alex mahela bitch thanks as always have a great weekend you too thank you. the consumer electronics show is taking place in las vegas to some new and cool things there and our tease holland cook from the big picture is there hey holland we've talked a lot of times about driverless cars and some of that technology you seeing any of that out there in vegas. sounds futuristic doesn't it but we're told that ford b.m.w. g.m. nissan v.w.
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and valvo say that their robo cars are going to be on the road in three years tesla says even sooner you probably won't be able to buy one until twenty twenty five and it won't be cheap but the first driverless cars we're going to see are taxis operated by labor and lift and this is going to be huge for the trucking industry where they're already testing platoons where the driver of the lead truck will also be managing unbanned trucks in the many convoy so this is a really big deal here and i have seen the driverless car it's very cool the seats face each other like two sofas they'll have to bring back that that song some our viewers may not recall a member that old convoy song holland we got out of the boy but only be one person in a bunch of driverless vehicles well some of the other technology is being used that they auto technology already is it what sorts of things are out there right now.
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yet what the driverless car is really going to do is connect a bunch of preexisting functions you might already have in your car you probably have cruise control you probably have g.p.s. get them to handshake and the car will take you somewhere if you're driving a fairly new car you may be able to take your hands off the wheel and watch it parallel park so a lot of this has been evolutionary rather than revolutionary but cars are going to talk to each other and there's already a buzzword v two v vehicle to vehicle data transfer where the cars are feeding and reading the cloud and here's another buzzword can you picture hyper lanes they would be dedicated highway lanes where cars drive north of one hundred miles an hour very close to each other safer than if humans were driving them and it's futuristic as that sounds that too is evolutionary because for the
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last dozen years john deere has been manufacturing robo tractors so this is just around the corner but i'm keeping my two thousand and five s u v in the meantime hey i know you've got a v.w. to soad you're really old school old school. we this is really going to be a big deal for insurers too with driverless cars they're going to have a field day so here boom bust we're going to keep an eye on all of this cars insurance and anything that's related to business and finance in that sector hauling cook host of the big picture at r.t. america which airs fridays at seven pm holland thanks for joining us you bet. i want to correct what i said earlier i said there are six hundred thousand wal-mart stores when in fact there are only six hundred there are six hundred wal-mart stores we have one on every couple of blocks apologize for that and before
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we go former vice president joe biden is at it again in response to an interview question about public service he said quote the younger generation tells me how tough things are give me a break no no i have no empathy for it give me a break now i really like the vice president a lot and his new book by the way promise me dad is inspiring i cried a little bit even not ashamed to say but i also like the vice president am a baby boomer and i'm afraid these remarks are a little bit of a disservice to the millennial and the young people out there millennialism the generations to follow are facing real challenges on every front most importantly on climate change it's a crisis that my generation our generation mr vice president has failed so far to solve but boom bust is a financial business and economics related program so i'll try to stick to the numbers across the board the economy is tougher than the vice president and i faced
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as young people by one estimate based on the federal reserve data the median income from workers aged twenty five to thirty four is more than twenty percent lower than it was back in our day pew research says more millennial households are in poverty per poverty for heaven's sakes than household headed by any other generation millennia old are less likely to own a home than boomers were and they are facing higher rents in real terms all of this despite being the best educated generation in our entire us is three we can't just tell them the more you learn the more you earn as president clinton used to say sometimes it just doesn't matter i remember getting lectured as a youngster and that certainly has a place but in the words of pete townsend and sung by roger daltry i think the kids are all right and if you don't know the song ask your grandparents the kids are in
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fact all right. thanks for watching be sure to catch boom bust on youtube youtube dot com slash r t had a super weekend see you next time. in two thousand and sixteen the panama papers show the world with a tax haven the secrets two trillion united states dollars passed through most. in the amount of time that we've been in the panama papers exposure that's what it shows a lot of money it really is. journalism it's an act of journalism looking at things that people want to keep secret and asking why would they want to keep these things secret. millions of. documents were examining.
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all the people we basically have tried to get an advantage out of this thought it was newspaper. and probably other politician which was the other politician the media would point to find their targets such as the kings of morocco in saudi arabia the president of argentina several prime ministers. and russian president vladimir putin of course. oh my god i've had so i have sued so many newspapers to defamation some things don't just happen by chance it was very striking there were no more americans to go especially a lot of people from the brics countries specially brazil russia and china that this special project reveals what was missed in the media coverage. of the panama
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chronicles. make this manufacture consent to stick to the public well. when the ruling classes protect themselves. in the final clearing go round the sun be the one person. going all middle of the room sit. in the real news room. unfortunately it appears that once people learn that you've reported in a sexual assault or may have been involved in an incident that they become scared of you instead of being scared of the perpetrator.
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had a great education a good job and a family that loved me. i never had to worry about how i would be somewhere i would sleep. but i'm facing christmas alone out on the streets of london. well you know. i cut the little. pool you know to simulate it to still give up food for the harvest. but you don't really feel like you have the big you know. and then. the guy just came over to me saw me and gave me this book.
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president trying to extend sanctions relief for iran but threatens to quit the nuclear agreement if it is not revised also ahead in the program. trying to search for the place. everyone. writes as the fallout continues from the u.s. recognition of drucilla as the israeli. european court of justice prevents this we knew from reporting in iraq an asylum seeker considered a potential terrorist by security forces.
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broadcasting my direct from our studios in moscow this is are certainly glad to have you with us. now the trumpet ministration has opted to extend a sanctions relief for iran for another one hundred twenty days the decision will for now prevent the landmark two thousand and fifteen nuclear deal from falling through. in two thousand and fifteen the obama administration foolishly traded away strong multilateral sanctions to get his weak nuclear deal despite my strong inclination i have not yet withdrawn the united states from the iran nuclear deal instead i have outlined two possible paths forward either fix the deal with disastrous flaws or the united states will withdraw even though trump has repeatedly vowed to tear up the iran deal he has decided to keep the deal intact extending sanctions relief but also warning that this will be the last time until the deal is strengthened about sanctions will be added on iranian entities for their alleged support of terrorist groups now this comes after his national
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security advisers and other signatories have all urged him to comply with the agreement and the e.u. has been urging washington to stick to it for months and just yesterday top you diplomats met with the iranian foreign minister in brussels to reaffirm their support for the deal breaking five years ago the true c.p.o. way that you do you see the room the deal is working you want to. protect just a few way. why it should pay for this do this crucial for the security of the region but also for the security of your will the agreement was signed in two thousand and fifty and it was hailed as a breakthrough in u.s. iran relations as it ended international concern over iran's nuclear program and it's often described as obama's signature foreign policy achievement but trump has always accused the country of violating the quote spirit of the deal which actually means iran hasn't actually violated the deal and this is deliberately deceptive washington is fully aware that the i.a.e.a. other signatories and even trans own officials said that iran is in full compliance
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with the deal now at the last deadline trump to waive sanctions but decertified iran's compliance with the deal which is completely unrelated to all of this a it's not part of the deal and b. iran's ballistic missiles already been capable of carrying nuclear warheads but regardless trump has always hated. deal he's previously threatened unilateral action to end the deal and his even attacked diplomats who negotiated it one of the worst deals i've ever seen the disastrous deal with a rare one of the dumbest deals or one of the week is contracts the people that negotiated that deal namely kerry and his friends are incompetent one of the worst deals ever negotiated but perhaps trump realized that ending the deal would have been wise considering that it would have led to massive backlash from the international community now we'll just have to wait and see if congress and u.s. allies will agree to trump's demands the iranian foreign minister zarif called terms decision and attempt to undermine the nuclear deal drums policy and today's
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announcement amounts a desperate attempts to undermine a solid multilateral agreement j c p a is not renegotiate rather than repeating tired rhetoric the u.s. must bring itself into full compliance just like iran we've got reaction to washington's move from political scientist mark head baltar us and also. a former advisor to iran's nuclear negotiating team. he keeps saying that this is my last time but actually i wouldn't expect to or a second that he can pull out from this multilateral deal because all his partners oppose this what happens is the other parties involved in the multilateral agreement will cut a new deal with iran and continue on with it and just ignore the u.s. the u.s. will start bluffing all the way and my hunch is that you know it is the president
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that makes ad hoc decisions and you have to go one day at a time and you know don't place too much bed in his all to make them today because this deal serves your says national interest as confound by defense secretary mattis and tillerson another's. i suppose a threat from iran is also being used to justify the u.s. military presence in syria assistant secretary of state david satterfield defended the policy at a senate hearing the president has committed as a matter of strategy that we will not leave syria we're going to stay for several reasons stabilization and assistance in the fight on north and northeast. protection of our allies the syrian democratic forces but for other reasons as well including countering iran how so with force with troops with.
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diplomacy which one of those setters combination of measures first and foremost it is aggressive sanctioning and measures undertaken by the us and our partners we heard from dr buss dula a professor of political sciences at damascus university he said the u.s. has no legal right to be in syria the what's needed to. say did the congress. come he says shows that america is lying go to the time this mission with this administration first of all the seed before the. fight against terrorism then i says now we are hearing another reasons the one to give us a model of democracy. to say that america where is their models in afghanistan or in iraq or where america it means there are
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a problem and the reason behind that mr sutton fifty eight and its international low everyone knows they are not they are not in syria by invitation of the legal syrian government they are not going to themselves by the. lucian so they are bitters. this week marked the sixth consecutive friday that palestinians have gathered to protest against the u.s. recognition of jerusalem as the israeli capital at least seventeen people were injured in clashes in gaza local journalist who reports now from the scene. god. oh. god why the palestinians are outraging
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the israelis are throwing tear gas that is just. as you see it tear gas were filling the place everyone everyone is inhaling to you guys we can see they do it right. as you can see they right in the leg from the tear gas canisters that went through no way now on the palestinian protesters there is no rubber. yesterday there was a palestinian killed in gaza and another one was killed in that missed both of them are sixteen year old palestinians. all right dari was referring to the deaths of two sixteen year old palestinians killed in clashes with israeli forces one of the teenagers from gaza was shot in the chest according to reports the other
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from the west bank was shot in the head twice in both cases israeli soldiers say that they were responding to palestinians throwing stones at them these are pictures from the teenagers from. president trump has canceled a visit to london to open a new u.s. embassy and he says the trip was called off because he is unhappy with the one point two billion dollar relocation project. the reason i come so much here to london is that i'm not a big fan of the obama administration having sold the best located in finest embassy in london for peanuts only to build a new one off location for one point two billion dollars. wanted me to cut the ribbon. despite. the new embassy but as it works work the statue was placed outside the building to the delight of construction workers and local authorities probably boyko delves deeper now into the president's
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decision not to visit to the u.k. this is what it. is about says the new u.s. embassy in the area of nine elms which is being regenerated in sort of an embassy quarter. next week was supposed to arrive in his widely expected that you'd be cutting the ribbon then that's not happening any more clearly the old building of the u.s. embassy on that was on the sort of grand old square in the very heart of the city in the center of mayfair which many people know is the most expensive location on the monopoly board but the interesting thing about the president's tweets is that it was a slice. of the obama administration of selling that old building for peanuts it was in fact the bush administration before him and there have been suggestions that this whole embassy rao is a way of paying attention away.
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