manipulation of existed for several years at the chicago board actions exchange cboe but now a whistleblower says they could be costing traders millions of dollars today to be clear there's no evidence that such is the case but is certainly something to be examined and i'm glad that regulators are on the case further complicating matters are the myriad financial products which investors use for exotic bets like leveraged and inverse exchange traded products which can boom or yes you guessed it bust a traders portfolio in a single day i was personally contacted by several traders one who lost his entire life savings on these risky products i've been speaking out about the need for more disclosure especially for average mom and pop investors and we'll have more on this topic coming up in today's broadcast. president trump's infrastructure proposal released earlier in the week looks like it's a little too little and a little too late for many on wall street when mr trump was elected after promising

to focus on a trillion dollar rebuilding efforts many on wall street cheered and markets rose on the prospects of prosperity for increase jobs but here we are thirteen fourteen months later and with less federal government commitment and more federal government calvi it appears unlikely at best that something significant will be approved by congress and passed in the near future. today will be watching the watchers surveillance has increased over the years to the point that some people question if people's privacy is a thing of the past with thousands of satellites overhead cameras on many street corners and the fact that we carry motion monitoring devices around with us have we become overly observed and who is watching us and what are they doing with the information. we go to one of the foremost experts in the world in this field his

career in technology and data analytics is impressive he's pioneered technology developments in areas like network analysis and intelligence he holds many patents and is the c.e.o. of cognition analytics we're really pleased and honored to be joined from atlanta by size smith so i thank you for being with us we sure appreciate it by the way how many patents do you all. it's over twenty five bart quite a number internationally in a lot of different companies but it's four in the u.s. and then dozens in other countries around the world all right well that you are the guy then so they'll give us an overview. on how we're being watched whether or not it's satellites or any other mechanism what's happening people want to know what's a bar we live in fascinating times from a technological viewpoint. as you mention i've been in data analytics for a long time so for me it's all about data and we do have

a lot of surveillance and some might see that as as is not so good another see it is good. i think it's i think it's a great thing as long as the organizations and the people that have this data use their powers for good and not for evil so to speak but we have in north america today we have about sixty two billion security cameras two billion on sixty two million throughly throughout north america gosh. we have three hundred twenty three million people in the u.s. and about two hundred twenty four million of those people carry around smartphones or those mobile devices which are in essence serving as sensors to collect data and information and pass it on to friends or pass it onto to other organizations that might use this data for various purposes. you know but it's not that new you know since we've been in the electronic age you know we've had credit cards for

a long time. we have over one hundred seventy four million people that carry around credit cards store and collect information any times of the transaction so a lot of different sources of data collection you know it just turns out that we're with the advances in technology we're in a day i like to quote an earth wind and fire song one of my favorites says sounds never dissipate they only recreate at another place and that's the same with data it would nobody throws data away anymore it just gets recreated in a different place in a different aggregation viewpoint for different purposes so nothing and nothing ever disappears anymore. two one one thing you know you always get me with the song lyrics i but to you know yes like those those old t.v. shows where they would say you know if you're going to go on the lam go on the run you know don't use your credit card but really a credit card or a way of finding out where people were what time what they were doing then you'd

see the the police officer show up and ask the proprietary about i don't know the long haired guy with wear glasses or something but who is it these days sigh who are or who is it that's watching us one of the entities. you know it's basically every individual i mean you can't go outside and if you think you're going to go outside do something stupid today you gotta remember if i do that somebody is going to have their cell phone and they're going to video and it's going to one up on you tube so everybody's collecting data out in public now that's at an individual level but you know most government agencies are now collecting data for efficiency purposes most organizations are collecting data you know what we used to do manually you know even way back in the day when you go to the mom and pop grocery store they want to keep an idea of what customers bought what products and services so they'd know better how to market and that sort of thing today it's just all done

electronically and all this data and information is collected automatically so it's not really new it's just more efficient in the way the data is collected but but all the all of government agencies again we have negative connotations about what some may be doing with that but. some will abuse it obviously and some will but for the mat for the for the most part most organizations are using this data to create better products and services and make better advances so that we can all have a better quality of life i so i want to ask you about that i mean people you know are concerned about their privacy except you know at many instances for good reason but but what are the good things other than maybe catching bad actors out there somebody gets mugged and they're on camera but what other sorts of good things come about from the use of these sorts of technologies. well you know obviously from a safety standpoint you know there's there services like enhanced nine one one so

we all have the expectation that would we dial nine one one from our mobile device that the emergency responders are going to know exactly where we are in case we're not able to tell them and we all appreciate that that safety aspect of of data collection or surveillance of this kind so to speak you know other things that happened in one of the things that got me into a business of providing traffic data using mobile devices to monitor how fast vehicles are moving is actually i'm a movement that started in the mid ninety's called intelligent transportation systems and an example of that was in atlanta just before the olympics in one nine hundred ninety six city of atlanta spent a received a grant for over one hundred fifty million dollars to put sensors video cameras and fiber optic cables and speed detectors on about forty miles of interstate and that's a lot of money to spend for the government to visit to build out surveillance technologies now since then most every major city in the world has developed some form of

electronic surveillance so they could better communicate what's going on with traffic to people on the roadways and we all love that we take for granted sometimes the efficiencies we get but you know there's no excuse for being caught in traffic anymore because you can know before you go how bad the traffic is and whether or not you should take a different route or whether or not you should just stay at home are something we all benefit from inside those cameras outside of atlanta are those they use those for not just look at traffic flows but they use it for speed and to give folks tickets etc. they don't give anybody tickets with this with this system and most systems they're not giving tickets and again i think most government agencies and others realize that they've got not only from the laws that protect us on what they can and cannot do but also from a public perception if they started giving out tickets with these cameras there'd be a big public backlash and and the public would probably force them to to remove some

of those but they do certain things like tell us how how the traffic is moving but the other thing most cities have a roadside assistance program so if you get a flat tire and you have to pull off the interstate. nowadays you're going to find that there's there may be a government truck right behind you ready to help you fix that flat tire and get you off off the road and out of traffic it saved many many lives. with this type of technology so again just benefits that we sort of take for granted when when we were thinking about technology and surveillance there's so many good things that happen from from the fact that all this data is collected and processed and in an automated way nowadays and cya what's going on worldwide is the u.s. more diligent about watching folks or or is it happening around the world too. it's all over the world bart i mean the technology is is being used in many different many creative ways you know i would say the most monitored city in the

world this is beijing china they have different use cases and purposes for monitoring what's going on around the city of beijing london is probably a second most monitored they've got about four hundred fifty thousand cameras throughout their city and as compared to the united states and chicago is one of the most monitored cities in the u.s. with about twenty five thousand and twenty five thousand security cameras so it's happening all over the world and like i said most of these organizations are using it to provide great value services for for citizens science myth c.e.o. of cognition analytics thank you for joining us what a fascinating conversation we hope you'll come back take care thanks bart. and with more on london we go to london to r.t. correspondent anastasia churkin up. the british capital has been a new stranger to close circuit television surveillance or c.c.t.v. for decades with a history of terrorist attacks and crime c.c.t.v.

is a fixture that most are long used to but along with their increasing numbers and scope of capabilities questions about the extent to which the watchful lenses have become a part of everyday life is often a hot topic a huge spike in numbers took place recently over seventy percent in the period between twenty twelve to twenty fifteen london is said to have more c.c.t.v. cameras than anywhere else in europe and some sources have even suggested that this is true compared to any other city on the planet and twenty seventeen there were understood to be half a million cameras in the british capital it's been estimated that by twenty twenty that number will be at over six hundred and forty thousand now according to the british security industry authority there is roughly one camera for every fourteen people here you have ridge person living in london will be recorded on camera three hundred times in just one day the bottom line no matter which numbers you want to look at londoners are considered to be amongst the most watched in the world with a rapidly expanding technological capabilities keeping track of these numbers will

be even more tricky moving forward since many cameras are operated not necessarily by government related bodies but by businesses and individuals to according to the u.k. government surveillance camera commissioner's annual report that was presented to parliament this year surveillance camera technology costs approximately two point two billion pounds a year in the u.k. also according to the same report automatic numberplate recognition or p.r. remains one of the largest nonmilitary databases in the u.k. its scope is approximately nine thousand cameras that capture up to forty million pieces of data numberplates a day and up to twenty billion of those records are held the length of time for data storage is more than anywhere else in europe and as the r.t.e. london. and time now for a quick pause for the promotional cause but stick around because when we return we talk market meltdown and exotic products and some related problems with the

executive director of the healthy markets association tyler gold lash as we go to break the consumer price index for january rose half a percent higher than expected but u.s. markets mainly stayed in positive territory here are those numbers of the closing bell. applied for many flips over the years so i know the guy even saw god's. football isn't only about what happens on the pitch for the final school it's about the passion from the fans it's the age of the super money billionaire owners and spending student twenty million one player. it's an experience like no one else want to do because i want to share what i think what i know about the beautiful guy was great so one more chance with. the base it's going to take.

in america a college degree requires a great deal. paying a decade's long debt. studying so hard it requires trying to. go through humiliation to enter an elite society. i'm touching to death sometimes quite literally. wants of the true colors of universities in the u.s. . led. led the war hawks selling you on the idea that dropping bombs brings police to the chicken hawks forcing you to fight the battles

they don't lead to new socks credits tell you that somebody gossiping tabloid-y. files a little one day. off advertising telling you on the cool enough and wants to buy their product. all the hawks that we along with all the walking. in guatemala police have arrested former president al viral cologne and nine members of his former cabinet for alleged fraud and embezzlement as president approved payment of thirty five million dollars to the private association botched bus companies to develop the bus system in guatemala city the guatemalan attorney general working with an outside u.n. sponsored anti-corruption groups says more than

a third of the funds were misspent ironically the organization of american states oas recently appointed the former president cologne the same fellow to stabilize an anti-corruption unit in honduras increasingly brazen corruption has been rampant in honduras since the u.s. backed coup against the democratically elected president in two thousand and nine among colognes codefendant is former finance minister one alberto fuentes night now chairman of the british charity oxfam international and oxfam is already under scrutiny for their alleged misconduct. the boom and bust cycle has hit the u.s. craft beer market as sales begin to slow down but a crimp for brewers could be a catastrophe for hop growers after eight years of double digit growth growth in craft beer sales hype growers in the u.s. and abroad invested heavily in increased production trying to meet demand for hot

varieties think of all those super happy i.p.a. as you see at the in the beer cases promising strong flavors like you've never tasted the fall of the craft beer sales has already caused enough of a drop in demand to cut prices for some varieties and a half or more on exchanges in even some notable traders have declared bankruptcy the u.s. department of. agriculture has met has measured the hop glut they say inventories rose fifteen percent just a few months ago with growers holding sixty five percent an all time high i say this news calls for i don't know a drink. have a market worth to the point where it has some wondering if the financial products available to investors are suitable for individuals for mom and pop investors and institutional investors and if those products are actually working in tandem with

markets for the benefit of all here to discuss as someone who has spent many years looking at markets and some of the problems with them tyler go i should have director of healthy markets association mr claridge worked in the senate for a number of years the investigation subcommittee which oversaw the market could torsion in the thousands and he works professional staff member at the u.s. curies and exchange commission plus is an attorney so he's a triple or quadruple threat to try to keep track of tyler welcome thank you for being with us thanks part so what do you make of these market moves we've seen in the last in recent days last week or so yeah i think we're all trying to figure out what makes sense i mean one of the things i think we've seen a yet six hundred points in a day is of the.