four zero one k. give make sure you get those matching funds save for a nest egg you know emergency funds are needed and a lot of our families don't do that you know they think i'm going to take all their money for a downpayment a house i can't do that by law i have to leave them a cushion most families that's where we get into the road they don't have a question so if you're younger pay off your student loans pay off your credit cards don't have any car notes that's enough said to get you busy out of school the first few years and then if you're not happy with that first job and you're going to plan to move in the next five years don't invest in a home which is too expensive debbie thanks for joining us lots of important information good advice on what to do and some things to avoid debbie blood c.e.o. of deal b. financial services thanks for your time. you're going to come so stick around because when we return we speak with gary left about airlines and profits plus actually banks joins us to talk about the biggest telecom companies in the world and just how much they make and as we go to break there's

a multiple choice quiz for you how many mobile phones are there in the world one point three billion two point five billion or five point seven billion the answer when boom bust returns. it's been almost fifty years since we've had human beings on the surface of another planetary body and i hope that we could actually put together an international lunar exploration initiative much like we have the international space station consortium and together the countries of the world cooperating with the private sector could afford to get back into real space exploration and i think that would that would create a real a lot of excitement. you

know why don't i just noticed i noted playing on one million people and then. killed people even. now no one's going to lay a few pennies randomly and that's. your conseco that. something is good in kosovo oh but for

barcelona. but for all. or whatever. either the principle is good or the principle is bad has to be a apply equally and that is being done. by. the church secret indeed just as the priests accused of sexually abusing children can get away with it literally i like to call this the geographic solution so what the bishop needs to do then he finds out that the priest is is a perpetrator is simply moves him to a different spot where the previous standard is not the highest ranks of the catholic church conceal the accused priests from the police and justice. so

something that any thousands of us to invent them included tuesdays out and. stuff . welcome back before we went to break we asked you how many cell phones there were in the world well the answer is five point seven billion that's almost one for every person in the world. auto companies around the world are racing to develop low cost electric cars to hit the road in developing markets as it stands now china

is still the world's largest car market and is a place where developers see plenty of potential chinese made electric vehicles have low prices in the market due to government subsidies and the cost typically range from six to seven thousand dollars for each vehicle while china may be the largest market the fastest growing economy in the world is making a strong push to claim that title india car companies in india are trying to get many of their models on the road within the next few years however there are only currently around ten thousand electric cars on the road in the country of more than a billion people and another hurdle will be pricing as a developing country many of india's citizens can even afford to spend a thousand on environmentally sound cars and some politicians across the globe proposed to make all cars on the road become electric within the next fifteen years but one road block could be infrastructure and charging complications.

according to reports the world's top telecom companies each have a market value of more than fifty billion dollars each servicing the world's ever growing telephone and wireless connection means let's take a look at some of the leading telecommunication companies starting in china and china mobile limited is not only the leading provider of telecommute. cation services and china but the leading telecom service in the world according to reports the company has about eight hundred fifty million customers and has a market value of two hundred fifteen billion dollars between january and december twenty sixth seen its customer base grew by two point five percent now in north america of horizon communications is the largest telecom company and the u.s. and its market value is estimated to be a little over one hundred and ninety billion dollars the company has customers worldwide n operates in one hundred fifty countries. closely behind arisan

as the second largest telecommunications company in the u.s. the company has a market value of two hundred forty billion dollars and provides voice services and more than two hundred countries and operates more than thirty four thousand wife i have spots eighteen thousand services more than three hundred fifty five million people recently the company expanded its eighteen t. get power which is an ultra fast internet service that's now being provided to fifty six metropolitan locations in the us. a lot of phone group which is headquarter and the united kingdom services over four hundred million mobile customers the company's market value is close to seventy billion dollars and is the most of valuable brand in the united kingdom the company also hosts operations in twenty six countries now over in japan at ponte telegraph and telephone corp which

has a market value of eighty six a billion dollars is unlike any other told him you should communication company have gone derives much of its business from fiber and tonight connections rather than a bundle packages the company is also soon looking to work with cloud computing services and order to expand its customer base now in mexico america mole serves over three hundred sixty million access lines and clipping two hundred eighty million mobile subscribers worldwide the company has a market value of forty nine billion dollars this number is much lower than it's been in recent years according to reports the company is battling anti conglomerate rules aimed at dismantling its telecommunications monopoly a move that is expected to be carried out early twenty eighteen although america mole appears to be in a bind experts say the telecommunications industry is forecast to continue to expand especially when it comes to global operations and washington actually banks

reporting for boom busts. today we discuss airlines their profits and related matters with gary left the chairman and c.e.o. of miles and points consulting and the founder of view from the wing dot com gary thanks for being with us based upon airline's earnings reports the average profit among the seven largest u.s. airlines from a single ticket sale last year it was only seventeen dollars and seventy five cents and that's actually down from four years for your average of one thousand dollars and sixty five cents gary what's going on we've got a couple things that are happening first of all airfares have been continuing their long term downward trend so revenue is down slightly and at the same time costs are up first of all fuel prices are

a huge portion of the expense of an airline and fuel will certainly lower than it was five years ago is higher than it was in two thousand and fifteen sixteen so you've got my higher fuel expense and as airlines have been profitable in the last few years you've seen their labor expense rise too so they've got higher costs and revenues been under pressure as a result the profitability of the carriers other certainly continue to be profitable but their margins have been shrinking you know i when i saw these numbers which i a little bear if they hadn't seen them before i was a little surprised i thought they were making way more than you know seventeen eighteen dollars i mean you know if you've got a large family with a bunch of bags you know twenty dollars might be a gratuity for the for the fella taken your bags but when i guess when you add up all the people on a flight i mean what how much they make on up on the airline flight i know they're different you know sizes of planes etc but what do they make and roughly. so order of magnitude you're talking about a couple thousand dollars

a better way maybe to think about this is just in terms of their operating margin united's running about nine percent american a little bit less than twelve delta somewhat higher than that so in normal operating margins for a healthy business but they you know when they each flight they operate generates a little bit of profit but they're such large entities that over the course of a year we're talking about billions of dollars pretty incredible i mean of those profits gary how much is for the actual travel and how much is for the related fees a baggage you know extra an extra three inches on leg room eccentric. if so it really depends on how you do the accounting on this if you're talking about fees for one of the large airlines you're going to generate around a billion dollars but you're also looking at all other revenue such as from our frequent flyer program that can even do worth those fees that they're generating so one way of looking at it could be to say that the large airlines are basically earning. their profits from fees and from the frequent flyer programs largely from

their bank partner that issues their credit card on the other hand though that's not really true it's just an allocation issue you know used to be that the airfare included your checked bags now they've got that on bundled but it's not the case that you'd ever be selling checked bags without the transportation right when the with the way that they account for this is important because of course these ancillary fees are not subject to the seven and a half percent federal excise tax and domestic transportation that would be applying in the case of an airline ticket so there's not only a large amount of revenue but there's also substantial tax savings as well oh that's very interesting i hadn't thought about the tax attributes of it but i wonder on those frequent flyer cards i wish there were a way when i'm sitting on plane to opt out of hearing about the great travel discount card that i've heard about forty times but let me ask you that brings up customer satisfaction gary which overall airline in the u.s. is doing best with customer satisfaction. well you know southwest airlines has

a fantastic brand alaska airlines has traditionally done very well they've stumbled a little bit as expected with their merger with virgin america in the northeast jet blue is fairly well regarded ok and we saw a few airlines drop discounts for the national rifle association members not long ago it made me think is that i mean there's probably just a branding thing they want to get out of it but do the airlines rely in any significant fashion on large organizations like the n.r.a. to provide special discounts and revenues or are those sort of one off things for the airlines well generally the airlines have programs that offer discounts for group travel so a group of ten or more go on a given night in a hurry often for a large conference and they may have discounts for large organizations as well it's not that any one of them is material to the overall profitability of the carrier

but they do a lot of things that drive revenue overall you know as they say ten million dollars here ten million dollars there and suddenly talking about real money if gary and bart got thirty of our friends together and every time we decided to travel we're going to take for ten friends could we essentially start a cooperative and get a discount ourselves garry bart airline travel cooperative well it's a little bit more complicated than that because you may be talking about you know a single destination but sure you know you can go to the delta airlines website and they have information on group travel for ten or more and you'll submit information and they may give you back a five percent discount on the fares ok we'll have a meeting on that now compare u.s. airlines around the two other airlines around the world and what's the most profitable airline outside of the u.s. gary. well so you've got a couple things going on certainly profitable airlines exist in europe right now the most profitable is i.a.g.

which owns british airways it owns iberia vueling and air lingus they're partners with american airlines here in the states many of the low cost carriers in southeast asia as well as europe are profitable as well and which airline takes the most air passengers ferries them around from one destination to another is a single airline which known as as has that moniker well the world's largest airline is american airlines ok all right and they have over fifteen hundred planes now the interesting thing though here in the states is that while they're the world's largest airline they don't carry the most u.s. domestic passengers that airline may surprise a lot of people it's actually southwest which is only the fourth largest airline in the country let me ask you this u.s. department of transportation is considering pulling back on a lot of their rules and regulation and regulations and they asked the airlines last october what cuts would assist them this comes in the wake of the partner

transportation actually reducing by half the amount of fines in two thousand and seventeen to the airlines is there anything going on here is this going to be some you know they're not going to protect consumers are going to not find the airlines or is this just you think a one off. well there's nothing happening right away they open the rulemaking document to take docket to take suggestions of what they could be doing better and it's certainly true that many of these system rules could be improved even from a consumer standpoint simply from the basis of experience for instance since the tarmac delay rule was implemented you know we now know how it operates in practice so we should be open to the idea that it could be improved but nothing's going to happen right away because once they take that information they'll open a docket again with their actual suggestions their actual notice a proposed rule making and those will be open for comment as well including responses from consumer organizations it's not just an opportunity for the airlines to tell the d.o.t. what they want and be granted some kind of

a wish list we'll see what ultimately happens there there are plenty of rules many of which are perhaps outdated i always point to the maintenance standards for steam engines that remain on the books today you know under you know under d.o.t. rules so you know i think that we can certainly revisit some of it and i don't see any reason to be concerned at this point that it's a free for all grab bag for the airlines amen to revisiting rules just what to protect consumers gary left the chairman and c.e.o. of miles and points consulting and the founder of view from the wing dot com thanks for your time. thank you. that's it for now thanks for watching be sure to catch boom bust on you tube at you tube dot com slash boom bust r.t. catch you next time. both the united states and russia have announced their nuclear weapons posture both

countries are in tree a new age of war the age of hypersonic weapons are we now in the new arms race. under-performing the stock market oh my god blackstone one arbitrage opportunity you have brought a mux just selves i suggest you short yourselves opara money into you eviscerate your own corporate balance sheet and then blow your brains out on live t.v. they gave us all a big kind of fun experience for the financial predatory class. done some is not is not a quick place is not a good country. trying to administer to live but among us well before the storm. has existed at the best of this go this is glued.

to the coach of. the tacoma list with this check of the serious. polling in just a little unbiased from the moment of oneself to be too little. play almost anything for the members for the base to not take an hour that john said i'm based on the other night and i mean can i do not do that i would just write this poem crap mcnab how not money came. from a show i mean cannot. shoot from a can he was almost feel now with the fucking moment. let's see the surgeon is on another good show you will see the a lot of this is another. voices in his or the one of the steve. darcis novel by our government i love this. series.

was. british police reveal a former russian spy and his daughter who were both in critical condition in the u.k. were targeted with a nerve agent. promise that sounds a series of measures to prevent radicalizing ssion in schools prisons and online. and hundreds rally in london against the saudi led bombing of yemen as riyadh's crown prince arrives in the u.k. on an official visit. like a cartridge and you're watching the latest headlines here at r.t.

international thank you for joining us. british police say they're treating an incident involving a former russian spy and his daughter as attempted murder the country's top counterterrorism officer says said gay and. were deliberately targeted with a nerve agent they both remain critically ill london's assistant police commissioner mark riley has given a statement on the case as artie's police boyko reports. was quite unusual was that he was with the country's chief medical officer as well dame sally davis giving you a bit of an indication how seriously they're taking this he said this is a major incident and they have determined that it's attempted by administration of a new agent who was put in a position to be. or is the result of exposure. will not be providing credit for most. of the executives of this has been identified he said that public safety

remains a priority and for any concerned locals in the area of souls where this all took place he says that at the moment there's no evidence of any widespread health risk the new development that we got through what he said was that a police officer one of the first responders at the scene once his daughter was found unconscious on this park bench that police officer is now also in a serious condition in hospital earlier on the home secretary amber rudd she chaired a cobra meeting which is a highly unusual step in itself that normally only happens in response to the national crises like terrorist attacks or things like major floods and she everyone in this situation to keep a cool head take a listen to what she had to say we need to keep it cool and make sure that we collect all the evidence we can and we need to make sure that we respond not to

rumor but to all the evidence that they collect and then we need to decide what action to take you could have thought she may have been speaking to the country's newspaper editors because they certainly had a field day with the speculation on this story before we had any facts to talk tabloids and talking about furious boris getting tough with. his one about headline one newspaper. talking about putin swearing revenge on this former double agent so the investigation is clearly a foregone conclusion for many in the british media a number of tabloids were speculating about the fate of the world cup and a potential boycott of it that was sort of hypothetically floated by the foreign secretary when answering urgent questions about this in the house of commons coming back to the police investigation and the facts in this story well they've said that this is now in the hands of london's anti terror police said the investigation has

been stepped up to the top level it could be at say that they have hundreds of detectives working on this now around the clock trying to establish how so and his daughter came to be poisoned by what we now know was a nerve agent sixty six year old certain goes clip are used to russia's military intelligence in two thousand and six he passed the identities of russian secret agents in europe to the u.k. he was later caught and sentenced to thirteen years in prison in russia but in twenty ten he was released as part of a high profile spy swap with the u.s. and flown to britain political commentator john white believes the statements coming from the u.k. government are creating a dangerous situation. when it comes to britain's foreign secretary borders johnson were talking on an entirely different level of stupidity and when he stood up in the house of commons a few days ago when this incident first came to raise the opportunity to engage in

some anti russian hyperbole he did not do so or speaking as britain's foreign secretary i suggest but as the foreign secretary of the times newspaper the daily mail the daily express i'm sure the u.k.'s stablish in media that has been engaging in this anti russian hysteria and for whom it is no become a religion i'm in full agreement with britain's home secretary on the roads when she says that we need to keep our cool head and let the authorities conduct an investigation there with enough time and space to do so professionally and thoroughly everyone's point in the finger at the russian government of course what we do know is that the russian government has the capability to carry a attack of this nature that has the capacity the question is does it possess the requisite stupidity because i tak of this nature at any time in especially this time on the part of the russian government would constitute

a monumental act of political self harm resulting in severe and significant reputational damage across the world. france has laid out a new plan for tackling the spread of islamic extremism in schools prisons and on the internet as part of the drive counseling will also be given to the children of islamic state fighters who return to france following the collapse of the terrorist group so-called caliphate r.t. charlotte do bensky reports from paris. they're just children born innocent into a world of brutality that while most children are playing with dolls and cars these are being taught to play with guns and knives and some have even been trained to kill. well i mean it would depend on. the culture the caliphate i believe the cool would be actually training guns knives

to kill people and not only that we have seen people being killed and of course that makes it some form of normality for the bitches because that means when they do that will be their. right to go do something very similar to the real threat to society it's impossible to know just how many children have been brainwashed by myself but they have already started to return home to germany belgium the netherlands meanwhile in france the authorities are putting together a plan to reintegrate the returning children of jihadi s. the prime minister has said that sixty eight have already come back and many more are expected to follow. programs to help these children readjust have been announced by governments across europe but is it too late to reverse the damage

already done. videos like this have emerged showing children carrying out mock executions. the little children are not only victims but they're on the cusp of being forced into being perpetrators but in the video that we just saw are you see the sadism of the adults being played out through the children so there are destroying the mental capacity for the child to differentiate between reality and fantasy normal lives of murder the road ahead for these children she says is difficult and while there's no guarantee the therapy they receive will be successful she is hopeful if the child had a fairly good our emotional experience early the child will tend to be more

resilient in coming through very severe trauma. that's one thing the other thing will be very much dependent on how well trained the therapists are governments in europe hope that by offering care and support to the children who return they can help them cast off the horrors they have in do it even carried out and yet the risks still high that it might be too late to right the wrongs of children brainwashed and raised as i saw fighters shola deep in ski r.t. paris. britain's rolling out the red carpet for the saudi crown prince who survived for three day visit but a lot of protests are also planned against saudi arabia's deadly bombing campaign in yemen which has been going on for three years artie's easter ali was at one of the demonstrations. there are around three hundred people here at this protest

against the visit of the saudi crown prince mohammed bin cell but the protesters from back radio opposition activists protesting against saudi arabia's continued involvement since they helped to suppress the revolution in two thousand and eleven to those opposing the arms trade and the war in yemen one of the people we spoke to was the labor m.p. chris williamson the british military advisors to be involved but takes it to a whole new level and frankly trampling on britain's reputation. as a nation the stance of the human rights we've got no place it seems to me selling arms to saudi arabia and certainly we should not be participating in facilitating the role why having military advisors there now since the saudi bombardment of yemen began in two thousand and fifty the u.k. has sold over four and a half billion pounds worth of weapons while the us have a.