tv News RT February 15, 2018 2:00pm-2:31pm EST
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worldwide is the u.s. of more diligent about watching folks or is it happening around the world to 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.
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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
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people here the average 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 too according to the u.k. government surveillance camera commissioners 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 a 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 just as if you're going to r.t.
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london. and time now for a quick pause for the promotional cause but stick around because when we return we're talking market meltdown and exotic products and some related problems with the executive director of the healthy markets associates and tyler go away as we go to break the consumer price index for january rose half percent higher than expected but u.s. markets mainly stayed in positive territory here are those numbers the closing bell . and twenty four to you know bloody revolution to the demonstrations going from being relatively peaceful political protests to be creasing the violent revolution is always spontaneous or is it just no lawyer here i mean you are live with video
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of clue in the new bill is that on the spelling you go to the former ukrainian president recalls the events of twenty fourteen. of those who took part in this today over five billion dollars to assist ukraine in these and other goals that will ensure a secure and prosperous and democratic. with no make this manufacture come sentenced to public wealth. when the ruling classes and protect themselves. with the financial merry go round if certainly the one percent. we can all middle of the room say. the real news is really.
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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 butts 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 knight
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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 it 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
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the u.s. department of agriculture has met has measured the hoppe glut they say inventories rose fifteen. 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 markets more 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 of the two thousand and he works professional staff member at the u.s. securities and exchange commission plus is an attorney so he's
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a triple or quadruple threat to try to keep track of a tyler welcome thank you for being with us thanks for 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 is yet six hundred points in a day is a is a lot. and when you're talking about the largest point drop in history you have to pay attention we've seen a four point six five drop in one day five point two percent drop over a week that's a lot and it's a lot to digest and one of the things i think we're seeing now is the era of speculation and it's not all that different from two thousand and ten when we had a flash crash and there's a lot of speculation of what happened but we do know we know that some things work we know right now that we have some financial products seem to have been at the heart of it we know there seem to be volatility products that were at the heart
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of it we also know that we didn't see some things we didn't see stub quotes we didn't see a bunch of broken trades we didn't see some of the things that did happen in the flash crash we didn't see huge delays in the tapes in the field order book yet so what's what's really interesting is some post flash crash reform sclera have helped . but what we also are seeing is we still don't know what's going on we still don't know who's doing what and we don't see how the markets are interacting what we do know is that we're seeing a lot of one hundred point drop and let's i'm going to take a take these one at a time to so many things that are interesting but so you talk about that sixteen hundred drop now it was six it didn't end up at sixteen hundred a day don't know what it up eleven seventy five i think that day or may that was a ten thirty today but it ended up a around a thousand or a little bit more but it dropped the dow moved to sixteen hundred as your six hundred points is your your contention i mean correctly so so my question is you know years ago after when you were at the commission at the at the f.c.c.
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we tried to harmonize these circuit breakers and that is a place where the market takes at first a pause then another pause then another pause if the markets move down a certain percentage and then. there is a time at which markets stop trading for the day is sixteen hundred points in a day something that needs to we need to re-evaluate whether or not these circuit breakers are calibrated correctly yeah well i think it raises certainly a question i think it also raises questions again how the different financial products interact you know you were obviously with the experience of the c.f.d. sea at the s.c.c. when you have an index futures leading into individual activities which is what we saw then in some of the things we're seeing now you really have to wonder how those things are fitting together for market participants or seamlessly traded for the regulators they're not seeing mostly overseen in terms of the how the circuit breakers are working you know a lot of things it's based off of percentages and one of the things we have to come
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to grips with is and i say when i say this is an eleven hundred seventy five point day is no longer a ten percent day and so it's a it's a four point six percent is that a big change absolutely is that something we have to worry about absolutely. but i think as the numbers. larger the percentages get smaller ok let's get into some of these products that you're referring to so exchange traded funds that really came about twenty five little more years ago were pretty good invention most people would agree in that they're trying to track like the s. and p. five hundred or track the price of oil it's a basket. of products they'll try to mimic that so if you're a mom and pop investor you don't have to be in to ten different stocks to track techs for example pretty good most people would agree but now they have these things that you're referring to these leveraged exchange traded funds and then
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these crazy things called inverse e.t.f. so what's the problem with their two and three times it was like a crazy casino right where you can lose two and three times what you put in why are those potentially problematic well i think we have to look at financial products generally and this isn't just an issue for the c f.t.c. on bitcoin for example where it's also come to play on bitcoin futures what's a financial product look like we're seeing it here on things like what's a volatility product you know the volatile the vix was created to help the pricing of the losses the volatility index is traded at the chicago board. a lot of people call it the fear gauge so anyway the vix so that so the vix is created in the eighty's and really launched in the ninety's is something to to measure and help for pricing of options and originally one hundred stocks and then it gets expanded to five hundred it was never created as an investment vehicle now it's actually
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been in a financial product and what we don't really have is a system where the regulators take a step back and this is at the c.s.t. c. or the f.c.c. and say why are we here why does this product exist what are the risks for investors and the way i would describe it is a really accurately describes time bomb. might get s.e.c. approval that's not a great investment vehicle for both retail investors or a large pension fund or frankly anybody well look when you were at the a c c you work with commissioner kara stein and you know you gave the f.c.c. and my agency a hard time when you worked in the senate and thank you for doing so but you were pretty. powerful on talking about protecting investors mom and pop investors do you think that the f.c.c. ultimately even though i got your time by analogy might look at classifying these leverage and inverse e.t.f. in a different way than just any run of the mill product or are they going to let it go
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yet so i think in some respects the there is a lot of water already under the bridge and i think over the last several years there's been a lot of financial products that have been like oh by the agency i think there is actually a renewed interest and i credit chairman clayton and his and his colleagues he's got a full commission to look at these issues and i actually believe they are looking at how they can do their best to protect investors and i think that that's going to be reconsidering some of the water that's already gone under the bridge and saying look we are here as the investors advocate we have a protection job to do and i think i believe that they're going to be doing it and you said the key word there job at the s.c.c. and they know it well but to remind our viewers is to protect investors it's not about protecting the wealthiest among us etc but you are the executive director of the healthy markets association you've been a public servant we thank you for that we thank you for spending time with us thank
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you for shit. and before we go according to reports from nestle's the candy maker india's pet population pet population is up to nineteen million in the country that's up from seven million just twelve years ago why would the candy company nestle be trying. king this number because besides making candy nestle and competitor mars both also make you guessed it pet food nestle owns purina and mars all markets the pedigree brand both corporations are now competing with local companies and other multinationals to feed those millions of hungry cats and dogs according to the financial times over the past two years pet care products sales have been growing at an average rate of twelve percent each year euro monitor says pet care products sales are up almost two hundred eighty eight million dollars last year alone up from around ninety eight million dollars just five years earlier in
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two thousand and twelve i wonder if they have a curry flavored gravy train. on a programming note tomorrow night tosh a sweet reports from los angeles on who is making money from all that surveillance we've been discussing today plus will discuss oil and gasoline prices in light of the recent price drops and we'll get more on digital currency is from the bitcoin queen of switzerland all that's coming up next time but that's it for today thanks for watching be sure to catch boom bust on you tube you tube dot com slash boom bust archie see you again. financial guy times but i'm with you. on the friday that's the last time i have from the future so crocker was kind of.
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us to mars and. coalition negotiations germany's two largest parties have provisionally agreed on a compromise that may yet pull through all of these difficulties a sign of something major going wrong in german politics the birthing pangs of the country's fourth from the coalition. that's just. the third i want to do things that show you face with really be very clear. the way your. management. and they have.
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but no they don't know. everything. live at five marks international breaking news this hour russia's foreign ministry admits that some russians may have been killed in syria by the u.s. led forces but dismissed reports that they were army personnel calling it this information we'll tell you about that coming up a live update on it also ahead this hour as well one of the deadliest campus shootings in u.s. history seventeen people are dead and around a dozen injured at the high school in florida. he locked the door we cannot provide and we waited for the police it was clear for us to leave him dead body there on the floor and blood all around the floor. and the british government's again accused of turning its back on interpreters to help the military in afghanistan coming up to speak exclusively to one whose asylum appeal is pending.
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either this is out international live from moscow newsroom with me kevin though in this hour thanks for watching them because they were at least the next thirty minutes i'm not breaking news to start the russia's foreign ministries admitted that some russian citizens may have been killed a week ago in syria after u.s. warplanes conducted an airstrike close to the city of daraa zoar however in the last hour or so moscow's denied there was service personnel here in the city into the live news conference down there at the kremlin earlier on a foreign ministry sorry nicky what more did the russian foreign ministry spokesperson have to say about all this quite complicated isn't it. well kevin well after all the speculation and conflicting reports we've seen in the mainstream media in the past few days we now have the russian line on what happened in the syrian province of d.r. as the last week media reports have alleged that anything from several dozens to
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more than six hundred russian military personnel all mercenaries were killed in these u.s. strikes last week. the harvard today speaking in a press briefings that actually the number according to preliminary reports is more like five and these five people may have been russian but then again they may not have the nationalities or identities of these people have still not been confirmed but what she was very clear and very adamant on was that these people were not russian military personnel in fact she said russian military were not even in the vicinity at the time of these u.s. strikes the media reports doing the rounds of the past few days about the dozens or hundreds of russian military personnel killed in these strikes is just a result of classic distance a nation spread by anti government militias she said. the reports ago dozens of hundreds of russian service personnel killed arik last example of
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disinformation according to preliminary data following military confrontation we can talk about the deaths of five people who were allegedly russian citizens which . now what's concerning is that this was not a one off incident in fact u.s. forces and pro-government forces have clashed twice in the space of one week perhaps prompting the russian foreign minister sergey lavrov to speak of the concerns over uncertainties when it comes to what washington's true aims are in syria. but. all this reminds us more and more there is a line to undermine the territorial integrity of syria and its territory independence from the masses powers are now being created. to keep them from turning to the security services supported by america also received weaponry. so just months after the jubilation of the victory over islamic state in syria making it look like peace may not be a too distant prospect for the country we're seeing
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a very worrying escalation here. from iran from the. foreign ministry appreciated now overnight bad news coming from the state in this another school massacre there this time a high school in florida seventeen killed at least a dozen others reported injured video emerged online which seems to be from one of the classrooms where that attack was on the way please be warned therefore it does contain upsetting images. of. shots rang out inside that school in the city of parkland panic students were seen running to safety this video was taken while the gunman was still on the attack it's understood the killer set up a fire alarm to try to draw people out into the open to cause as many injuries as possible very quickly armed officers swarmed the campus before leading peoples and staff to safety.
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all the way what an awful thing for young people to go through pictures from the scene show the distress of those touched by the tragedy is how it all unfolded. he saw my dead body there on the floor and blood over on the floors how many people like five on the third floor. it looked like students there was one teacher and four students. so the do pull the fire drill we want to side boom boom boom boom. i doze firecrackers but after the last hour oh.
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so i could come in bring a gun to shoot at school you like start taking your family i love you never know i guess shark hell was. i want to start up i swear this is catastrophic. and on the way to be catastrophic again broward county history it's devastating i'm sick to my stomach. but deadly shooting took place at the marjorie stoneman douglas high school in parkland ironically that city was named the safest in florida last year and one of the safest in the u.s. next of the florida shooting suspect arriving at county jail police have identified the suspect is nicholas cruz a nineteen year old former student of that school who probably was expelled for disciplinary reasons seems teachers were warned about him police said he was armed with a semiautomatic rifle and had multiple magazines the suspect's been charged with
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seventeen counts of premeditated murder students at that school described the suspect as troubled as some even said he looked like a future school shooter and that he was a firearms enthusiastic his spare time is now believe the nicholas crews had to instagram accounts to they've since been deleted plenty of the pictures that were poured to show with weapons former police officer dominic is zero says the suspects mental health however should be questioned here not simply gun control policies. this is an ultimate cry for attention and i'd like to see the media for the first time not look at this is a gun issue and to shy away from the anatomy object or start start to look away from why or how these individuals are getting the guns and start looking at the intent behind it why are they doing this what's the mental health of this person what's their personal individual issue if there's one thing that we do know it's been proven time and time again that the gun itself does not do any damage but the
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issue is the person behind it their intent their motives their means. the us has a long history of school shootings that have being two hundred seventy five incidents since twenty third saying average that out it's nearly one a week eighteen shootings have been reported in schools so this is is a look at some of the most serious cases in the last decade.
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so over three hundred million guns is enough for every person in the united states to have a gun it's insane and you know we license cars you can't just get in a car and drive it but you can get a gun and shoot it you know need any training you don't need any licensing. and a lot of states now you can carry them. undercover legally there's a lot of nineteen is in this country about how guns make you safer and they evidence is all to the contrary. other news the british government is again being accused of turning its back on interpreters who helped the military in afghanistan many of received death threats from the taliban and say they can't remain in their homeland bully boy because spoke exclusively to one afghan interpreter who is now facing his final bid for asylum in the u.k. . they only to give me the notice for deportation they told me that you have to leave the country so they're going to send me where. i will depend differently
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because of abdul that he was a front line in tap for seven british forces and afghanistan from two thousand and eight to two thousand and ten. i know that if i join the british forces will be very close for me but i have to do that because our country was. the situation in iraq and he was very bad so i have to help the international forces to protect other countries so they came to my country to protect us so why should i not hoping that working with troops made abdul it's hard for local taliban forces that i was a phone call from my from my father and a letter put in my door say that you know that your son is working for the infidels so tell him to leave the job that they were still be slatted the threats soon turned to violence when the taliban grated on my family beaten up my father and my mom and my dad so at that time and that happened he was completely angry.
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