so what about the memo written by the democrats on the house intel committee we've heard calls for full and complete transparency yet this memo was blocked from its release shouldn't that be declassified as well so people can judge this from both sides if we're talking about a political game shouldn't all politics be considered. well you know i don't know enough about the about the democrat memo i do know that the that the memo that was released by the intelligence. the foreign intelligence surveillance the. congressional campaign that was that was approved by the entire committee and. the other one was not approved by the committee apparently it did not meet their standards so. frankly i don't care what the other side says there is sufficient evidence in this memo to

where i believe that there probably should be criminal prosecutions and i point something else out so far there have been four members of the of the clinton or of the of the trump entourage michael flynn being the most prominent one who have come under prosecution. we have a principle in american law called the fruit of the poisonous tree. if searches are conducted on lawful way then anything that derives from those searches is inadmissible in court i really believe that this particular memo undermines every single one of those prosecutions and i think they will alternately the thrown out of court based on the fruit of the poisonous tree doctrine all right

interesting to hear thoughts richard you might think around just for a second there's one other thing i want to talk about america just released its new nuclear strategy mentioning her thoughts on that as well. thank you you do all right so as just mentioned meanwhile the u.s. defense department published its nuclear posture review on friday outlining the nation's nuclear strategy apart from strengthening its nuclear capability the doctrine takes a seemingly tougher stance on china russia and north korea calling them a unique and complex threat the review also points out that the united states would not hesitate to respond to a non-nuclear attack using nuclear weapons and emphasized that u.s. diplomats would continue to speak from a position of strength let's go back to our guests now senator richard black in virginia. interesting to hear you weigh in on this as well so how do you evaluate the newly released review is that

a throwback to cold war era tactics or is there something more to it. i'm not sure that it is quite reaches that level but the problem is if you look at both the bush and the obama administrations they had rejected the development of these new. lower level nuclear weapons because they felt like it must be stabilizing and i agree with them any time that you begin to expand and develop new weapons new nuclear weapons you enhanced the likelihood that there's going to be some sort of a miscalculation in this case we've set up a doctrine that says that. unlike other countries we won't respond simply to first attack from another country but in fact we've

said that even in the case of i'm a cyber attack we would consider using low heeled nuclear weapons. and i think a very very bad policy i think it's unnecessary. and fortunately the. the actions of north korea have have made it all the more possible for the warhawks to say hey we need to get tough with nuclear energy because look we've got north korea threatening the continental united states with nuclear weapons i think that came at a very very poor time and it really has done to a great setback to the cause of nuclear nonproliferation lower probation. russia and well beginning with the soviet union and then russia. we

and they diminished our nuclear or arsenal enormously there was a tremendous drawdown in nuclear force i'm not sure that it needed to be drawn down to zero but it did need to be drawn down to lessen the likelihood of a nuclear war i think this reverses that trend and i hope that it does not go any further than in the house now richard i want to go back to something you touched on just a second ago about america's use of. nuclear weapons the u.s. strategy says that nuclear weapons may be used in case of a nonet nuclear attack and you brought up a cyber instance a second ago but other nuclear powers for example china pledges a no first use of nuclear weapons policy in russia as doctrine says it can only be used if attacked by weapons of mass destruction why does washington insist on maintaining the right to go nuclear first well you know we have this

deep state these war hawks there are you know i could go into a great discussion about who all they are where they exist but they earn their money they make their livelihood their gain their power by having enemies and by making enemies of russia and of china and various other countries. i think these these are individuals they say they have over the last. decade a special way. they have portrayed russia as some sort of and enemy of the united states russia has done nothing against the united states the united states and great britain staged a coup that overthrew the legitimate government in ukraine and now we blame russia because they have had to make some minor border adjustments for their for

their national security. i think we continue marching closer and closer to the russian border we are we were flying aircraft right up to the edge of. the russian russian territory were running ships up to new russian territory and then when the russians fly aircraft to warn a soft we said well this is a provocation but then then when russia send ships and they they go off the shore of the united states by. by fifty miles we say oh this is provocative. it really has become. a terrible situation and we need a we need a fundamental reversion of american foreign policy because it does not help the

united states it does not help the people of this country it does not help the mideast it does not help russia there is no one that gains except the global all of the arcs who want increased power and wealth and and the warhawks and some of the some of the more. the more violent nations of the world such as saudi arabia turkey under and so. we we really need a fundamental really look you know american foreign policy before we end up triggering a third world war. richard black certainly interesting to hear your thoughts glad that you're with us here on our two international republican member of the virginia state senate thanks for being with us thank you very much i want you to

international more news after but. the wall does getting away from us dollar as wall reserve currency the one road one bell policy linking up russia and china is out of the dollar every loss of trade oil away from the dollar countries are desperate to get out of the u.s. dollar so the dollar is going to lose value no matter what anybody says so here's the treasury secretary really trying to make it look like oh it's our balls or for a lower dollar really matter what he says the dollar is going lower as we've been saying for a number of years because the u.s. dollar is a currency that other countries recognize as funding the wars and the weapons on

the property that they're trying to escape. what mack this is r t international now the world anti-doping agency says it is concerned by the decision of sports top court to overturn the lifetime olympic bans given to dozens of russian athletes accused of taking prohibited substances wider understands this decision will cause dismay and frustration among athletes the agency supports the i.o.c. intention to analyze these decisions very carefully and consider all options including an appeal to the swiss federal tribunals. on thursday the court of arbitration for sports decided to lift all sanctions imposed on twenty eight russian athletes and reinstate the olympic medals some have won eleven others will

miss the upcoming winter olympics in sochi sorry in south korea excuse me but their lifetime bans were overturned and sanctions partially lifted however the decision has disappointed some athletes from other countries who were hoping to move into medal positions retrospectively from the sochi two thousand and fourteen games. but anything else this is a very very very dark day for the olympics and this is a very very very dark day for clean sport if there is such a thing if. people are saying they can prove they were dirty in the same breath you can prove that they were innocent or you say they are not guilty or you say they are guilty and they have ruled that there is not enough proof for a doping offense hence they are not guilty and this is very important also because it makes the mclaren report to become not in bases

which is enough to convict athletes and every sing that was done up to now was based on the mclaren report and if this is now not basis enough to convict at let's then i do not understand why also all the russian at plates could have been banned collectively without having any any proof of the oping. least five migrants are in the hospital after being shot during a massive fight at a food bank in the french port of cali another twenty two people have been injured child to be more. this is one of the many food distribution points in cali just take a look behind me and you'll see a group of migrants who've come here to receive food to receive clothing and other items and it's one of these distribution points that the clashes broke out on thursday hundreds of migrants armed with. with sticks of.

fighting for what was on offer now we understand that more than twenty people were injured in that violence which erupted over numerous parts of cali including five who were injured from the shooting and for those teenagers said to be critically injured this is the latest round of violence in cali and the french interior minister has described it as reaching new levels. i came to carry because what happened here is extremely serious we have reached a degree of violence not known until today the government will propose a bill in the coming weeks to try and help asylum an immigration problems that will violence between groups of migrants is nothing new in cali but this is the worst it has been in many months and people here in cali say they just fed up of the

situation. i think we need a structure put in place to protect us there's a lot of delinquency here because get damaged every day we have issues young girls can't go out alone at night it's a catastrophe for the french and especially for the people of cali the violence is really damaging residents of cali have lived in fear for several years now. living together we migrant is complicated those coming here now are bit different from to refugees who were coming here initially they're more violent and aggressive we're bridgeland remember people are still being shot it's still dangerous and it's true that people who live near these areas across of the have been disturbed it makes the city look bad and some of the be fulfilled it is starting to get scary firearms were not in the united states here this is still a country where weapons are banned. kalai is probably best known for the jungle

ruling my growing camp with thousands of people living in squalor eight conditions it was dismantled back in two thousand and sixteen but still my quince come to a feeling that one day they will be able to cross the channel to get to the u.k. by the latest incident comes just weeks after the french president emanuel knock on the proposed a draft bill that would tighten current migration policy legislation would make it easier to deport undocumented newcomers who do not qualify for asylum it would also increase the length of time for these can detain illegal migrants from forty five days to ninety france received a record one hundred thousand applications for asylum last year and that does it for me i will be back in about thirty four minutes with a full look at your news your watching our international.

fight for many players over the years so i know the game and so i got. the ball isn't only about what happens on the pitch for the final school it's about the passion from the families it's the age of the super manager killian erroneous expenditure to twenty million of one player. it's an experience like nothing else only because i want to share what i think what i know about the beautiful guy like great so what more chance for. peace. zia's says hon in kentucky. we've always moved them places you were going to three families removing.

a co money city it was almost no coal mines left. the jobs are gone all the coal mines of said that there was a lot of these people the survivors of disappearing before their eyes. i remember thinking when i was younger that if anything ever happened to the coal mines here that it would become a ghost town but i never thought in the million years i would see that and it's happened it's happened. turkey's decision to invade northern syria has foreign policy implications far beyond the middle east what are anchors objectives in syria and the region does it to silicate or hinder a final peace settlement to syria's proxy civil war and what is turkey's future in nato.

this is boom bust broadcasting around the world from washington d.c. belly of the beast i'm partial to. coming up the december jobs report is out will dig into the numbers with danielle de mark you know food and today we're joined by a qadri of r t america correspondents and focus on housing both here in the states and around the world plus we'll talk the economics of sports and particularly this weekend's super bowl between the new england patriots and the philadelphia eagles there's lots to get to today but first let's get some business headlines pretty hard and fast. the what i call aaa stocks apple amazon and alpha but quarterly earnings reports are out and we start with as i promised yesterday with apple's q four overall revenues which grew by eighty eight billion dollars or

thirteen percent amazingly apple's two thousand and seventeen net profits were twenty billion dollars that's the first time apple is reach that large level of note today apple stocks tumbled dropping the most in two months two thirds of apple's revenues are based upon the i phone x. sales although some have raised concerns that the apple growth may not be continued given that customers are hanging on to their phones for longer periods of time and thus not purchasing new phones as quickly amazon also posted a big profit it reached the one billion dollar level for the first time as its revenues jumps thirty nine percent to sixty billion dollars amazon focused on overall growth as opposed to shorter term earnings recall that amazon bought whole foods last year for thirteen point five thirteen point five billion dollars recent reports from whole foods employees discussed how amazon has a heavy hand with regard to managing their new acquisition they are even reportedly

using score card which penalize employees for shelf items not precisely placed at target however to argue with amazon's success and alphabet the parent company of google scored their thirty second consecutive growth quarter above twenty percent in q four alfabet was up twenty eight percent to six point eight billion dollars google accounts for ninety percent of all internet searches. and bitcoin continues to slide dipping as low as seventy seven hundred dollars earlier today remember that bitcoin was around twenty thousand dollars in december similarly a theory in which peaked over fourteen hundred dollars less than a month ago dipped as low as seven hundred and fifty. seven dollars today ripple also peaked in january at three dollars and sixty eight cents dipped under a dollar last week and today went as low as sixty four cents and light coin peaked

in december near three hundred dollars and went under a dollar and five dollars today russia such. russia's sovereign debt market is so important that the u.s. treasury port notes further u.s. sanctions could risk whiling global financial markets which may be a reason why the trumpet ministration seems reluctant to expand current sanctions to include russian sovereign debt and derivatives and the new jobs report is out and shows that the unemployment rate for january remains unchanged at a low four point one percent earlier this week president trump touted the low african-american and hispanic unemployment rates the low african-american rate which had been decreasing steadily since december of two thousand and ten when it stood at sixteen point eight percent is now no longer the lowest as black on plummet increased from six point eight percent in december to seven point seven percent in january which is actually the highest black unemployment rate since president trump was inaugurated on hispanic unemployment the rate the president was

discussing it is state of the union address was the december rate which wasn't the lowest in history as he said but it did equal the lowest rate of four point four percent from october of two thousand and six the new hispanic unemployment rate stands at four point nine percent up just half a percentage point some for for some time for some new presidential talking points on unemployment. and here to discuss is danielle de martino booth the founder of money strong we're thankful danielle for you joining us twice in a week what's your perspective on this jobs report a lot of the markets seem to be freaking out but i sorta like it how bout you. you know it was a solid jobs report but there were a lot of different nuances that need to be parsed out of this data today it wasn't quite as good as as what the market is reacting to the market is reacting to the

jobs report by falling completely out of bed the stock market right now it's down two percent across the board the dow jones industrials the nasdaq the s. and p. five hundred these are dramatic moves that we haven't seen for years part as i'm sure you know but this is all a reaction function to the wage gains that we saw in this morning's jobs report that is now filtering through in the form of much higher interest rates that have made the stock market fall out of bed and before we get to some more the numbers danielle i mean it's a it's more of the same that we talked about the other two the other day right i mean you know we got an overheated market it's time for a little bit of a correction whether or not it it last for you know today is all it is all it is or less for a couple of weeks but not the end of the world because we've had such high increases right absolutely you've got you've got all kinds of sell side shots right now on wall street coming out and saying that monday morning represents the buying opportunity of a generation i mean it all sounds very much close to script but there were some

very real data points to pick up in this morning's data that are going to catch the attention of policymakers at the federal reserve and as we know as of today there's a whole new sheriff in town there's a regime change is that at the federal reserve most talk about those data points anything specific in the in the sector numbers winners and losers daniel. well we thought that something very unusual as i'm sure most of the country is well aware of because we're all just now following out january was a very cold month we should not have seen the extraordinary gangs that we saw in trade transportation trucking construction in and mining and drilling and yet those numbers were through the roof so on a seasonal basis we should not have seen the strength that we did in these sectors and yet we did again this is this is the the honeymoon that continues for all of

the rebuilding efforts as a result of these natural disasters that we saw in two thousand and seventeen harvie our memory of wildfires times two on the west coast so there were a lot of seasonal aberrations in this data and we had in eighteen states a minimum wage imposition that pushed that wage number up to the highest level that we've seen in years two point nine percent year over year but we haven't seen that strong of wage gains in years i'll let you get a few words in here though because i've got a few cabby outs to throw out at yeah well i mean i did notice that there is that average hourly wage gain in there but you know we spoke when we spoke the other day about the fed i mean to this report change anything my guess is no but change anything with regard to the end to subpoenaed interest rate hikes that we are speaking about the other day. you know if the markets were anticipating three interest rate hikes in two thousand and eighteen they might now be leaning more towards four which is what has them as afraid as they are but i'll point out

a few things the diffusion index which means the number of industries that were hiring that actually contract at the site the average length of the work week the number of hours we work on a weekly basis that also shrunk in the month of january as did temporary employment so looking forward and i hope that federer's are policymakers are keen to observe these nuances looking forward the jobs report was not as strength as strong as that headline figure would have you believe it's really interesting i mean i've poured over these reports like you have and you can sort of you know look and try to spin things different way ways so you say you know the average work week went down but you know but when we say well the unemployment rate is so low well you know people are working but they're working a lot less hours and so it's you know you do the six and a half dozen one of the other on some of these some of these issues but we really think you anything else in the report danielle you think we're missing we should

talk about no not really i would really be paying attention in the months to come as to whether or not these wage gains are sustained or this is just a one time boost from again the implementation of these minimum wage rate hikes that companies really that they had to take one way or the other not necessarily voluntarily especially given the markets backdrop from today part thank you so much daniel de martino booth author of fed up thank you for being with us have a great weekend. thank you. so we've moved to a special coverage of housing and real estate around the world and i'm pleased to be joined by bonilla trued who by the way is a licensed real estate agent in california and before we head around the world let's talk about what's going on right here in the states let's talk about home first part let me say this much though about population distribution across the

country it has not changed much since the one nine hundred fifty s. the faces may have changed the demographics of color may have changed but people are still flocking to the same places that they were in the one nine hundred fifty s. in the one nine hundred sixty s. after we all kind of moved away from the farms just take a look at the heat map of where people are nowadays the more concentrated the color the more people you have in those areas as you can see up and down the eastern seaboard primarily mid atlantic up to new england and over all the way to the west coast tens of millions of people in southern california alone my hometown of los angeles home to around ten million people across the county but up and down the left coast a popular destination still for movers since the one nine hundred sixty s. what's not to love right year round great weather great mix of people so diverse rich in culture same can be said for the eastern seaboard but you've got to enjoy the four seasons out here and then this map here shows where people most owned their homes be it single family or townhouses or condos etc the darker areas show

those owners are owner occupied properties the midwest seems to be where the concentration of owner ochs are the great state of california the lowest owner occupancies in the union less than fifty percent of folks live in a property that they own their the national average for owner iraq is about sixty six percent conversely this map shows the concentration of rental properties in america los angeles county once again tops the lard. just area for renters but sprinkled throughout the country lots of rentals tells you a little bit about the if the local economy there bart and you're going to find lots of renters in areas like los angeles or the san francisco bay area here the d.c. metro new york city so as a formal realtor that tells me what jobs actually look like in that area those are all expensive real estate markets renting is not a whole bunch cheaper the tech bubble in san francisco bay area has driven up

rental prices up to nearly five dollars a square foot putting the bay area at a higher price point now the new york city proper but that also means that these are high paying jobs right part so these aren't necessarily those forever careers though you'll likely see more turf turnover in both the job openings and rental properties in places like san francisco and new york city folks come in to build the latest and greatest tech gadget or social media side or work on a hedge fund they ride the wave for as long as that thing lasts and they transition on to the next place but then this next map here the darker concentrated color areas are folks aged thirty five to sixty four just under retirement age who only their home they live in you know that that house they stay put as you can see the midwest once again shows where folks tend to plant their roots there a little more mature there a little older they're stable they stay put places along the west coast skew noticeably younger and may not nessus.