five weeks records fast as one thousand point move in history this is all about the make america great again agenda jobs jobs jobs six trillion dollars in value created we're seeing a trend why house was putting out people like. american the blue chips for the first time ever hit twenty thousand on january sixth two thousand and seventeen and the market for the most part has been steadily climbing ever since and two thousand and seventeen for the first time ever the dow reached for one thousand point milestones in one year in march the dow hit twenty one thousand and early august twenty two thousand and in october twenty three thousand and just thirty trading days after that mark the dow closed at twenty four thousand the dow had seventy one record highs for the year the nasdaq had seventy two and the s. and p. five hundred had seventy three the dow was up more than twenty three percent last year compared to two thousand and sixteen this year's rising stock prices have largely been credited to a global economic recovery and growing optimism that the republican tax bill cut

will provide a boost for u.s. growth and help american companies make more money and wall street is betting that companies will use that spare cash to buy back stock and beef up their dividends oh markets are also increasing and we were also getting investors from foreign market and an american company so this is all really positive for the dollar meanwhile german and british stocks aren't far from breaking record highs of their own this week the european 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 today. really great data points the dow has risen

and nasdaq and s. 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 united states to the court of the world trade organization and ask alex mahela bitch if it means more that it seems and as we go to break here are those numbers at the closing bell to close out the week. some animal rights activists are just upset that we eat meat period which makes no sense by the way because animals eat other animals and we're supposed to be equal with animals but suddenly they don't want to humans eating other animals so in a sense they're saying that animals have the right to eat other animals but humans don't have a right to eat other animals even though they think we're all equal so some of

there's a logical inconsistency that. in two thousand and sixteen the panama papers show the world with a tax haven the secrets to trilling and united states dollars passed through mossad conseco in the amount of time that we've been in the panama papers exposure that's what it shows it's a lot of money it really is. journalism it's a fact of journalism looking at things that people want to keep secret and asking why would they want to keep these things secret. millions of most fonseca don't commence where examine. all the people we basically have tried to get an advantage out of this sort of newspaper. and probably other politician which was the other politician the media would point to find their targets so. as the kings of morocco and saudi arabia the president of

argentina several prime ministers. and russian president vladimir putin of course. tied so i have sued so many newspapers for defamation some things don't just happen by chance he was very striking there were no more americans than girls 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. the panama chronicles. was selling you on the idea that dropping bombs brings police to the chicken hawks forcing you to fight the battle for. the new socks for the tell you that will be gossip and probably worthwhile for the most important day. off and tell me you are not cool enough and let's invite.

all the hawks that we along with all will want. yesterday we reported on wal-mart'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 wal-mart then announced in a company wide eve mail 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 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 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 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 as. well as president donald trump continues to say his administration will remain tough on trade canada isn't taking a backseat 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. yeah you know this is one

of 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 i've got to pull out of nafta he's going to pull out of nafta a plus have to be heard 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 dispute and 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

the spat it's had with boeing we know that boeing basically coaxed the united states government to put a three hundred percent tariff bombards a product soar 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 is the world trade organization and the world trade organization the problem it has with the us 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 around the planet are saying other countries are saying. to the canadians for for this endeavor given sort of the stance of president trump it is the ministration you know it 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

countries to jump. on board against the u.s. 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 do 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 disputed self it should take about a year to go through the process but let's see how it actually works with nafta

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 wants 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

teams are at this point with 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 of 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 using 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.

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 and left and this is going to be huge for the trucking industry where they're already testing platoon's 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 on 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.

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

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. too so 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

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

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 millennial 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

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. join me every thursday on the alex simon show and i'll be speaking to guest of the world of politics sports business i'm showbusiness i'll see you then. i had a great education a good job and a family that loved me. i never had to worry about how i would be some where i would sleep. but i'm facing christmas alone out on the streets of london. but you look to be honest. i could love for you like going to school you know just not in those still give up food for the so.

you don't really feel like a human being you know. and then. the guy just came over to me saw me and gave me a change of this book. one

last chance president trump agrees to again certain sanctions. warns that the u.s. will walk away from the nuclear deal. are made. in the hour that washington post bureau chief in beirut says blasted on twitter for praising the bravery of a syrian journalist who is reputed to be a terrorist sympathizer. to new york's police union forces commissioner the city. video is being released for political gain.

from moscow to the world this is r.t. international mining's you know neil welcome to the program our top story. agreed to extend sanctions relief for iran but he say it's for the last time four months from now with the u.s. president will again have to decide whether to continue to hold off on imposing sanctions as required by the pact and he insists that if the hard fought agreement are not made america will walk away. 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 a bit sanctions will be added on iranian entities for their alleged support of terrorist groups now this comes after his national 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 we greatly value the j c p a way that you do you leave 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 own well 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 now at the last deadline that trump the way of 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 now we'll just have to wait and see if congress and u.s. allies will agree to trump's demands and the iranian foreign minister has hit back at donald trump for making the ultimatum saying the u.s. should stop jeopardizing the pact we asked people in tirana what they think about transposition. you know that trumps plan will never be practical because it's harmful for america this is a global agreement and it's not just the u.s. that imposes sanctions and puts pressure on iran the u.s. wants to be isolated then yes it is the right way forward on where iran should stand strong against these actions because the more weaknesses show the more demanding the us becomes. and i don't think there is a brain in trump head he's crazy and he's the one who is unpredictable and i guess

i think if he were really able to kill the deal he definitely would have done it by now i think it is more of threat. in response to trump's threats a number of european officials have voiced their support for the deal most recently germany's foreign ministry said berlin is committed to its full implementation and a former advisor to iran's team during the nuclear negotiations to list the spite the bluster of the us would in fact be the loser if it backed out of the pact is the president that makes decisions and you have to go one day at a time. don't place too much. in his all to meet them today because this deal serves us is national interest. defense. tillerson another's. leaders just cut the days ago this is you know working. through nine reports has confirmed that iran has fully.

geishas so there's really no rationale or justification for trump to go against the crowd and really you know land a big stop on the us is called debility international scene. well while the u.s. tries to suppress iran's nuclear industry the pentagon has reportedly been busy working on a major revamp of its own atomic weaponry the plans were due for release next month but have already been leaked to the media let's tell you what we know the first of its kind in eighty years the nuclear posture review outlines extensive plans to operate and replace some of the i dated arsenal it also aims at developing smaller nukes so-called low yield weapons a move that opponents say makes nuclear war more likely but plan wants funding doubled as well over the next decade on the document list russia china and north

korea as threats which need to be covered. the federation of american scientists says the u.s. already has well over one thousand low yield nuclear warheads but in fact they were as powerful as the bombs dropped on japan during the second world war their proposed expansion is in contrast to president trump's earlier pledge to seek global denuclearize ation. number one i would like to do you know the world i would like russia and the united states and china and pakistan and many other countries that have nuclear weapons to get rid of them well what we know is that the pentagon says it will not comment on the preliminary version of the document robert nine when he's from the just foreign policy campaign group he told a story or that more weapons won't actually strengthen washington's position or deter nuclear complex nobody really think. any sane person is going to use nuclear weapons in

a strategic competition the point of having the thing if there is any point at all is you know so that the other person will be deterred supposedly using your nuclear up their nuclear weapons because then you might use yours how doing more nuclear weapons doesn't change the pentagon contractors are going to make money of producing nuclear weapons so they'll create parochial interests there are pushing these things there are not something that is not in the interest of the world it's not in the interest in the jury. ok to another of our headlines stories this hour the washington post bureau chief in beirut has faced a volley of criticism after posting a tweet praising the bravery of a journalist from free syrian t.v. it was quickly revealed bowed out the reporter has links to extremist groups as he courted on off reports everybody needs a hero even beacons of independent journalism like the washington post and what

better candidate than a man doing his job despite the constant threat of bombs. this syrian journalist standing in the open field well bombs explode all around him is very lucky to be alive now flood jacket or helmet you can barely hear the explosions he and his colleagues are very brave a professional for all of us journalists to look up to right wrong this book may have a pretty cover but it's the gripping content that's of most interest this man in the video is to hear our model and possibly the best way to understand them is this tweet shiite militia turned into minced meat sixty people killed in an eyesore suicide attack some respect for the dead maybe no now i'm satisfied he writes the different mission of bloodlust if you ask me in this picture is all

smiles and handshakes with the saudi cleric a jihadi role model here. sydney is sitting down against the backdrop of terrorist flags here's the one of i saw and hears not as he worked as a mediator trying to reconcile the groups back in twenty fourteen he set up and ran a training camp for child soldiers in syria and has reportedly made repeated calls for sectarian genocide no wonder he's on the u.s. security blacklist masini is far from the only terrorist has rubbed shoulders with many bells that night at this hour now bit of that. the group is embedded within this video. is internationally designated as terrorist born as a branch of an al qaeda affiliate later they swapped sides figuring i saw flavor terrorism was more to their liking when i reached out to the washington post's

beirut bureau chief about her tweet she disputed the fact that she ever gave praise to the man or his so-called journalism. i dispute that they gave praise to the joint least or his journalists i pointed out that standing out in the field and continuing to talk while explosions and there were no fall around you is brave she still admires is bravery though the mainstream media has a history of becoming in chanted by jihadi affiliated want to be reporters take karim the story teller when it came to the battle for aleppo people executed it's as simple as that what can i do here in syria blend in the crowd i don't think so and i'm going to turn my so over to the regime forces absolutely no so what that he's giving a platform to a suicide bomber right at least he's taking all the right boxes they say you have to protect human rights. they support the terrorism so how on earth. of course it's human rights supporters of.