for that is that ship already sailed or is it still possible. well it's interesting you know when you look at the eleven countries that are left i mean a lot of people be jumping for joy thinking let's bring the u.s. back in but really the big ocean nations have moved far forward trump pulled out about a year ago it's a different deal than it was a year ago maybe not much but it is a different deal and what donald trump is saying he wants to see some drastic changes he want to see something that the that this deal is actually a really really good deal he called it as it's called nafta one of the worst deals in history when it comes to any type of trade pacts but now you know he's taken a couple steps back east looking at what is happening right now because he knows one thing in this what donald trump did say in dabbles yeah we might be able to negotiate with the pact so that all eleven countries but we can also negotiate bilaterally with these countries so he's seeing opportunity here any way that you turn it even if this ship has sailed because of these guys are signing march eighth trust me they don't want to start opening up these negotiations again this has been going on for years so they want to wrap this up as soon as they possibly can and

then maybe discuss it with the united states after and donald trump i think understands that and for him there's a lot of wiggle room here bilateral multinational anyway that he wants to make deals and he will play on his way i mean he's been a wild card in this is the way the style is done with nafta with the e.u. with everybody he screams out the you know you know bloody murder that the you know fire and brimstone type but they but the whole fact of the matter is the bottom line is the ban is a deal maker and this just happens to be a style and i think everybody understands that from europe to nafta and to the t p p alex you're interim job but you are a global trade expert thank you for your time and time now for a quick break but stick around because when we return natasha sweet reports on the border wall and those dhaka dreamers and here are the numbers at the closing bell.

the brunt of the blow to the best out of the tool is a little bit of. the concepts i was paying to perform i had to actually prepare myself to die i. don't know so i need what i'm strongly opposed to most likely to trust me. as most of. the snow and homo stuff coming to an amateur club. this country was. really good so i don't see a. soul we'll see of getting. more traditionally if it was that he could with

us to. yes get more here to depreciate so we had to commission a couple so kind of b.s. i mean are you. up. we've seen that market failure many times we saw in two thousand and eight we saw it in nineteen ninety seven we saw in one nine hundred eighty seven and we're going to see it again probably in the very near future because the underlying design of this capital system has not been modified to account for changes in technology over the past fifty sixty seventy years and we keep having these catastrophic failure. would hope to. put themselves on the line to get accepted or rejected.

so when you want to be president or injury or some want to be brits. it's a right to be cross with what before us three of them all can't be good that i'm interested always in the waters of my. question. it's been two years since it was announced that some of saudi arabia's state owned oil company saudi aramco would be sold as part of an initial public offering today however it's not clear if the aramco i.p.o. will be listed on the new york stock exchange on the saudi stock market or someplace else in november president trump tweeted his support for the i.p.o. being at the new york stock exchange the sale of aramco valued at more than one

point three trillion dollars is seen as one of the highest priorities of the saudi government and crown prince mohammed bill bin solomon and b.s. the end action has made some observers question if the i.p.o. will even be completed this year as was previously planned meanwhile in related news the large anti-corruption campaign in saudi which sought dozens of high ranking officials and businessmen arrested and imprisoned at the ritz carlton hotel has seen several of the businessmen including prince al waleed released it's unclear what sort of settlement was released was reached although the saudi government says there are forty remaining individuals who may go to trial. the u.s. commodity futures trading commission the c f t c which i know well appears ready to fine european lenders u.b.s. h.s.b.c. and deutsche bank millions of dollars each for so-called spoofing and manipulation

in the u.s. futures market spoofing which became illegal as a result of the wall street reform and consumer protection act otherwise known as dodd frank became law back in two thousand and ten that's when if a trader makes a bid or an offer to sell a futures contract with the intent to cancel that better offer before another trader accepted bad actor traders do this to try and push or pull. prices in one direction or another the fines for u.b.s. and deutsche bank are expected to be upward of ten million dollars each while the fine for h.s.b.c. is expected to be somewhat less in august a u.s. appeals court upheld a three year conviction of former cheetah traitor michael kozak who was the first individual to be criminally prosecuted under the spoofing law. while the three day government shutdown ended last week in an exchange for

a commitment to consider immigration related issues in the coming weeks the issues of funding president trump border wall and the docket dreamer's remains unresolved artie's natascha suite has more. many wonder if congress will sign off on funding for the wall that the president has been pushing for republicans say they're willing to work with democrats in fixing the legal status of some eight hundred thousand operative b.s. if funding for the border is agreed upon the question is will a deal be made breaking here when i was through with my parents carlos and it is a doctor recipients coming from mexico city to the u.s. it only three years of age and is says he's had all of his schooling from elementary to college here in the states who are somewhat. melendez graduated from county at long beach last year and has been directing short films took a scene on the immigration issues plaguing the country i think our lives are more at risk now than ever and i think if you're going to create more hate by building

a wall you need to find a solution a permanent solution for our live in million and. in that to be as community and all of our dreamers speaker of the house paul ryan says he also wants a permanent fix a we want to fix doc we do want to fix doc b. we want to fix it while addressing the root cause problem so that we don't have a doc a problem again i mean that's kind of common sense president trump famously ran a campaign highlighting the significance of building a wall while some question of his idea of a war has evolved he's confirmed the building of it in certain areas will take place we need a physical border wall we're going to have a wall remember that we're going to have a wall to keep out deadly drug dealers dangerous traffickers and violent criminal cartels mexico's having a tremendous problem with crime. and we want to keep it out of our country well the end is seize the wall as a symbol of hate esther valdez an immigration attorney who has represented more than three hundred talkin recipients sees it differently the walls are not

necessarily going to be a division between mexico and the united states there's going to be surveillance there's going to be drones it's going to be electronic that there's going to be cameras manpower tunnels because we're stopping a drug trade and we're stopping what now is even more lucrative than the drug trade it's the human trade well valdez supports the wall she is the path to citizenship for the eight hundred thousand dock recipients as a crucial step forward what do we do with approximately eight hundred thousand young people that the american citizenry has already educated they've gone to our public schools their skilled workers why send them back to a country that they know nothing about to establish foreign countries economies and their educational systems valdes points out many undocumented immigrants are ready to come out of the shadows and earn a livable wage but it will cost employers who have been increasing their profit margins through cheap labor and the rest of america it seems is waking up to it wow there's eleven million people who have been picking my produce so that i can have

corn for three for a dollar well it has come at a price a price that employers haven't wanted to pay another twist in the fight for immigration reform being brought to the table is a new report released by the department of justice and homeland security report indicated seventy three percent of individuals convicted of terrorism related charges from two thousand and one to two thousand and sixteen were foreign born i was reading there and i think it's kind of unfortunate because i think you can make statistics say anything and any wall criminal and immigration attorney says he doesn't agree with the numbers let's remember that there's some statistics you can show that three or four americans create the same i'll do the same amount of activity and also says that the legal status of doc recipients aren't fixed that it will be a huge blow to the economy a lot of doctor workers are. here they're doing their every day job there's a lot of who are in college they're paying tuition and then end as says because of the economic impacts the parents of dr recipients shouldn't be penalized definitely

shouldn't be criminalizing their parents because of them the country hasn't engineers dreamers teachers. actors artists who can contribute to society and that's something that needs to be recognized the valdez says the way things are going and talking recipients are able to stay and fix their legal status the economy will continue to soar when president from last year announced that he was going to phase out the doctor program he asked congress for a legislative replacement one that would allow doctor recipients the right to work with protection from deportation so maybe that will placements or a pathway to citizenship is one step closer in no time a say at the border and hospice waits are to. we think natasha for that good report unfortunately it's an issue that will continue to be talked about over the coming weeks and when to get back to poverty inequality and that wealth gap that we spoke about earlier in the program with ashley banks and now we're joined by dr david henderson

a professor and research fellow at the hoover institution professor thanks for joining us as an economist do you think that ups and report that actually was speaking about it you may have heard earlier but i know you're familiar with it are there from an economic perspective is that sound and accurate findings. some of them are accurate but the reasoning is not sound let me explain the actual report which is over ninety pages long says that world poverty has fallen by half the number in extreme poverty between one nine hundred ninety and two thousand and ten through their credit they say that's a good thing at the same time as they point out wealth inequality has increased elsewhere in the report they say we can't reduce extreme poverty without reducing extreme wealth inequality guess what their own report says we can't we have wealth inequality has gone up and poverty extreme poverty has fallen moreover they say they their way to handle extreme wealth inequality is to take from the wealthiest

and in fact that will reduce the incentive to produce wealth and in fact the report is titled report reward work not wealth well guess what wealth dollars reward innovation. moreover there's one other distinction they don't make they do talking points about crony capitalism they do talk about carlos slim in mexico who got his wealth he's one of the wealthiest men in the world he got his wealth from cronyism by having a monopoly on telecom but take jeff bezos who was mentioned earlier he got his wealth by innovating like crazy i bet you bart get things from amazon regularly i know my household does and that's great and we save money and he makes money and his employer employees do well or they wouldn't be working there so i think it just leaves out the whole idea about gains from trade and how both sides can be better off right i got you on that let me ask ask you i mean is this something how would

you deal with it i mean i was in davos last week and the whole deal was trying to create a consensus in a fragmented world and it seems that with this wealth gap it's even more fragmented so you know how should elected officials or others economists maybe professor suggest we deal with this. i would deal with that by letting more and immigrants in i mean you think about the wealth gap what's the biggest gap it's between us and united states and say people in the poorest parts of asia in africa let them in and in the ninety plus page report where they actually even highlight the the dilemma of this where young woman working in a sweat and sweat shop conditions they never even mention the idea of letting more people in there's an economist named michael clemons who wrote a book i wrote an article titled trillion dollar bills on the sidewalk in which he lays out the fact that if we had open immigration in europe and canada and united

states and japan in a couple of the rich countries and say a billion people moved the world economy would actually increase by about thirty to fifty percent and we would be better off and they would be better off those are the the gains from trade we've got we have a relatively free trade world the big gains left are from people immigrating yep let me ask you do you do you think that it doesn't look like really getting more immigrants with this president any time soon but absent that do you think some folks out there are just saying you know this is ok to have this this is acceptable outcome is just a result of a functioning market is that how you see it that's how i see it but also it's going well it's not just that we're there sitting there in poverty way fewer of them are sitting there in poverty and the ones out of poverty are doing better so for example let's say you have someone there making ten thousand years

a household income and their income goes up five percent that's five hundred dollars household income average household income is fifty thousand and their income goes up two percent that's a thousand dollars so the gap can be increasing even though income is growing way more at the bottom end which is exactly what has happened. professor i want to thank you we run out of time but i hope you'll come back we really appreciate it professor david henderson a research fellow at the hoover institution thanks for joining us thanks mark. and before we go curry green mountain has announced its intent to buy dr pepper snapple in a deal that would stablished an eleven billion dollar beverage behold with the deal is the most recent part of an effort by j. d. holding company that's the austrian entity which acquired pure green mountain in two thousand and sixteen and also owns pinera caribou coffee and other related breakfast and lunch and it is to become a major distributive distributor of beverages in the united states dr pepper has

a particularly prominent place in the minds of many americans and was the first carbonated soft drink ever it was invented by a waco texas pharmacist who received a patent eight hundred eighty five the name dr may have been used to indicate there were health benefits to drink it up you know the deal was still has to be approved by dr pepper and snapple shareholders but i hope they keep postponing commercials with little sweet the miniature prince looking dude for a diet dr pepper it's a sweet one those are hilarious that wraps it up for now be sure to catch boom bust on youtube youtube dot com slash boom bust r.d. catch you next time. see we have a great team we need to strengthen before the free for world calls and your bets have been a legend to keep it so it's at the back. in

one thousand nine hundred two that must qualify for the european championships at the very last moment no one believed in us but we won and i'm hoping to bring some of that winning spirit to the r.c.c. . reason the us had a lot of practice so i can guarantee you that peter schmeichel will be on the best fall since my last will come in the throws or three. thousand zero zero zero zero in. russia. right right. left left left more or less ok stop that's really good eighteen years ago i traveled across the united states exploring america's deadly love affair with a gun if a bad guy tried to get to one of my family members he would have better luck with that iron i think it's a grizzly bear and hurting whenever my my babies says my book was published in the

year two thousand more than half a million americans have been killed by firearms in the us going out of thought to me as i did this is a middle school we go through drills and we put ourselves some real scenarios it was interesting to see who actually got hit. the play ball gun i just saw it had to return to the subject to track down each gun owner who i'd met and photographed those years ago i don't know that but we are not for a. child's seemed wrong but old rules just don't call. any new world yet to shape out these days comes to advocate and in games from an equals betrayal. when so many find themselves worlds apart when she still looks for common ground.

the trump administration says it won't impose new sanctions on russia for now despite congress passing legislation last year requiring the white house to do so. the u.s. house intelligence committee votes to release a classified memo alleging the f.b.i. and department of justice abuse that power in the surveillance of donald trump's presidential campaign. the international paralympic committee up holds its ban on the russian team despite admitting the country's anti doping system is no longer corrupt and says only hoffa russia's athletes can prove clean can compete as neutrals. and islamic state says it's behind an attack on a military academy in kabul which left eleven service men dead and injured sixteen

the latest in a string of terrorist atrocities in afghanistan that have killed more than a hundred and we have more on those headlines at all if we don't call them up next saif eco tackles the issue of international disarmament and whether progress comes to women. well welcome to. the north korean nukes are causing global concern the u.s. russia spat is paving the way to yet another arms race is a world free of nuclear weapons a beautiful dream or an achievable target. down appollo former united nations undersecretary for disarmament affairs. one diplomatic spat one moderator read from one book pushed by

a tired jumpy officer or one successful cyber attack even if only one nuclear weapon is fired off accidentally. the desert would be unimaginable. is no way to contain and control the danger signal genius never stop the world wide spread of nuclear weapons and will humanity ever be rid of them. chanting down apollo the former united nations undersecretary for disarmament affairs welcome treasure it's great to have you with us. ambassador what talk a lot about nuclear weapons and north korea that's constantly in the nearest pakistan about iran but right now in asia china is seeking to build a missile defense against a potential nuclear strike from india and with some border tensions between the two asian jans i mean is south in a stage or going to be where the next big masel race will take place i don't think your story to be as serious as it is made out to be by some newspapers but is

certainly the potential for a showdown between india and china is there because there are more nuclear weapon countries perhaps not of the same level that they have been actually in the case of iraq where the theater of war has been present in the tenacity relations in the cold war era so we haven't really been a nuclear weapon states five of them recognized by their nuclear nonproliferation treaty and the other four say the n.p.t. now we must also be concerned about the fact that the sickness was also greater trade bent cyber war is a very real possibility and so the possibility of saber tacts and cyber attacking nuclear weapon systems is

a very real one today. but the north korean affair has made regional powers uneasy now even japan is mulling over next to beef up its own security as nonproliferation crumbling completely at least in asia because of this north korean nuclear project through i think the peso bought by letterman multilateralism and has meeting reduced very sharply from the days when reagan and the soviet leaders of us negotiated by left really means you don't have anybody left really the means being that she had to know and i think that's a great shame. mr trump as the new president of the united states there appears to be no movement at all was any kind of design movement we have the. nuclear test match the t.v. which is yet to be ratified and implemented as the russian federation has

invented it and has signed and ratified not yet the united states and. seven other countries that still to ratify and sign so we have a lot of unfinished business when the nuclear genda which makes the situation very very frankly understandable so really unfinished and probably also unclear because right now we're supplying an unsettled intend to have regular talks in putting their athletes under one flag at the coming lympics and this might seem like a wonderful opportunity for the united states to negotiate with kim jong il and yet what we hear is cool is nuclear button is bigger from trump so it gets you wondering who is a bigger nuclear threat here. i know this is a very sad situation where the leader of the united states is peaking in a very aggressive and very unfortunate way which is broken

to i think we need to have go back to the language of diplomacy and restraint that's succeeding or. i think we have will we will back to the time when we had some kind of restraint shortened by the previous leaders world of the united states and the russian federation. this is important to realize the enormous power of the nuclear weapon and those who control that weapon must act with greater responsibility on the other hand you have said it yourself that a nuclear north korea is to me a reality show will just accept it stop stressing out and move on could that help to face tensions i mean if not what is making kim jong un jumpy probably a calm down and stop where the threats are he won't. well he himself has cited the

example of libya and saddam hussein in iraq where they were. seeking to get a nuclear weapon in order to protect themselves with their own security and now that kim jong un has blocked the weapon and has been able to guess if milicic misael capability. waning as far as maryland united states is that maybe he will act middle grade a sense of responsibility i think we need to bear that in mind. course it's something that we should not accept it because it is in violation of the n.p.t. and security council resolutions. formally accepting maybe a defacto acceptance is the only choice rather than to attack libya gave it feels all consequences and unpredictable consequences such as

a data matter that we have to decide because they're not great power and not crave power countries like north korea or pakistan with nuclear capabilities or even israel need nukes as a guarantor against invasion and they will never give up as long as they fail there is danger to their security how do we deal with that and how he will make them give up their security guarantees i think the deceit be a way joints oration agreement with iran which was negotiated by the europeans last the united states is an excellent example but unfortunately mr trump is seeking to undermine that and to under evelyn's that's a very serious setback because a country which was ready to negotiate the dismantling of its nuclear weapons is now being faced with the threat of having to have that agreement scrapped in this case nobody has any faith in him. needless asians in puja the nuclear forces of

great powers and sure that the michalis share of destruction doctrine works and that has kept us royal war free for seventy years now take x. away in wars are much more likely to break out and stir risks are much lower without them one getting rid of the doors to pass that is arguable the detail of the effect of nuclear weapons has been the major argument is. a nuclear weapon saves but we don't know with a spec this is workable all restraints non-nuclear weapon states taking action and we don't want to test that because it will be poorly destructive of the human race so we have to find other ways to dismantle the current nuclear weapons arsenals of these countries we have to find other ways to bring down the level of tension you need to national affairs and plane diplomatic solutions

political solutions talking about tansen political tensions between big powers neither the u.s. now russia are ready to start disarming and tensions between them are growing and they're citing which will threat so what do you do to sometimes feel that your choice for disarmament is overshadowed in today's political reality at the moment yes we are not seeing any prospects of negotiations but i think we must continue to pursue that and i think here in the united nations with its new civilization as a major route and that is something that we would like to see to do clearly says it is time that the united nations is given an opportunity of negotiating to someone directly. the pentagon is now considering deploying smaller so-called tactical nukes what does that mean for their risk of a nuclear confrontation breaking out i mean is it more tempting to used a nuclear bomb when you know it's only as powerful.