for a few years its peacekeepers have been involved in missions across central africa so is it really that much of a surprise that some african nations prefer the chinese way over america's sweet talk the chinese has been front and center in providing us with the roads this country has developed. to market passage to the in this regard so we're working very hard to go over and we believe that walking to gether would bring about much will be beneficial relationship china has become successful in africa because china tends to favor and tends to stress civilian projects some years ago the first president bush so that the united states had more will than wallet which means it's not offer is not able to offer the kinds of aid that china is so generously providing there is a real fear in washington that china is in the passing lane and that sooner rather than later the chinese economy if it is not already will be larger than the united

states economy which will have a monumental impact on the balance of forces globally right now china has outrun the united states in africa on every front and it will take more than just words for washington to elbow its way past beijing it has done of r.t. . the british foreign secretary has defended u.k. ties with saudi arabia that after a visit by the saudi crown prince to london prompted protests outside downing street denouncing riyadh deadly three bombing of yemen britain supports saudi arabia its right to defend its security against missile attacks from yemen many of which have targeted the kingdom cities including react. any solution to the conflict must ensure that saudi arabia no longer faces this cross border security threat well around four hundred people gathered to protest against the royal visit

activists condemned the war in yemen and u.k. arms sales to the kingdom similar concerns were also raised in parliament by the leader of the opposition. a humanitarian disaster is now taking place in yemen millions face starvation six hundred thousand children have cholera because of the saudi led bombing campaign and the bloc a germany has suspended arms sales to saudi arabia but british arms sales of sharply increased and british military advisers are directing the wall it cannot be right that her government this is cannot be right that her government is cruel looting in one of the united nations is evidence of war crimes some american support of the saudi crown prince and to ensure he did receive a warm reception a promotional ad campaign has also launched the prince's face and on the sides of

fans in taxis as well as billboards throughout the city center those ads had to contend with the red double decker bus carrying banners branding the prince of war criminal we spoke to paper on the streets about what they thought of the pro sounding post. isn't convincing anyone in the u.k. that the abuses of human rights the saudis are doing good it's just propaganda for them back home to say oh look look how look at what this great well it's just a blatant propaganda display so it comes back to reflect badly on saudi arabia. that they're trying to manipulate this public opinion on the eve of the visit the saudi arabia foreign minister here to try to ease the concerns of critics saying the war in yemen had been quote imposed on riyadh he added that it was justified to backed by international law although unicef has called it the worst manmade humanitarian crisis in history. racially motivated

hostility in crimes against germans in berlin is becoming more commonplace that's according to the capitol security chief with the details his paper all of. the berlin interior minister has had some pretty unexpected things to say about how native germans trust in the nation's capital i have heard it's not the norm but it is becoming more common to keep quiet about it would be wrong a recent survey has shown that where is this time last year around two thirds of the said they felt safe in their city that's around just over half these days while those that said they felt very insecure it risen from nine percent a year ago to around sixteen percent right now as for what is fueling those fears or sort of pointed towards the influx of refugees and migrants into areas like this . district the local integration officer here says this well refugees don't fear arrest is they know that they'll be instantly released by the police

should they be caught breaking the law does is the i don't think crime has decreased on the contrary it's actually increased i'd say ninety five percent of the crimes here are committed by foreigners that's way too much i think in general . people start to panic way earlier. this is way news spread quite quickly and. i would say that berlin has gotten more dangerous than any pain i think it's just because of all the news server like it's spread all over the balloon and they just make a big deal out of every time the crime that's committed and. this is you and so political our politicians should be made to commute using the underground for one week and be made to hang out in this neighborhood that way they would see what the situation is really like has become very hostile and aggressive not nice at all. some of the politicians who represent the area say the perception of danger could

become the new reality if a majority of the people have the feeling that they don't feel secure anymore and there is some basics for that many things that are not even declared to the police as crime or is that rassmann or whatever you can call it because you know well the police cannot do anything about it because our justice system is like that well they come in for maybe five hours and then they let them off again punishment is something that evidently or apparently in berlin context isn't there anymore and perhaps it's the thing that things could get worse that's driving public opinion to feel that the german capital has become less safe peter all of a. thanks being with us this afternoon still ahead this hour people in california are getting irritated by the growing role of robots we'll tell you why just stuff.

under-performing the stock market oh my god blackstone one arbitrage opportunity you have brought a mixture self i suggest you short yourselves a pile of money into the abyss or a your own corporate balance sheet and then blow your brains out of live t.v. to give us a kind of fun experience for the predatory class. your column say that. something is good for all but for barcelona. for for crimea. or whatever.

the principle is good or the principle is but has to be apply equally and that is the. fellow again you with californians to be seen to be getting increasingly irate about automation in san francisco for example there have been a number of attacks their own self driving cars with passers by banging on their windows and also some men in the same city a robotic guard was taken out of service there after a public outcry the security boat was tossed with shearing away homeless people from outside business offices he was vandalized numerous times during its patrols and then a new robotic kitchen assistant in pasadena in a pasadena burger joint i should say has also angered some.

well flipping the robot as it's known has prompted the twitter hash tag rise of the robots complaining that jobs are being stolen from real people others that i do see or to my automation as inevitable one expert told us it's no surprise that some people are angry robotics is developing very fast and it's going to have a big impact it's already having big so it's not surprising that you're already seeing these kinds of reactions from people when you start to talk about out. of jobs being threatened by the introduction of it into the economy. fifty percent unemployment ok that is a crisis that is a social political economic crisis and one of the possible outcomes and one of the

likely possible. is is massive violence you know it was kind of vandalism and southwards i wish i think you'll be seeing but you'll be seeing even larger scale disruptions here there are appropriate adjustments in our political and economic arrangements we need to start redistributing things more fairly we need to start to pay people to take care of people and to clean up the communities and to do so many sayings and we in the end to make sure that people benefit from technology instead of being dispossessed by technology. now at women around the world international women's day at the moment including the trade where they certainly be making a bit of noise. thank

you. supporters when those who are chanting slogans such as the world still wallpapering. to the streets in support of the movement calling for sex offenders to be brought to justice meanwhile the. support of women have been branded because who is to say think. it's a global commemoration of women's rights to right from wrong to some company if the shops at the top by showing that the book for women although successful take this french campaign showing. on public transport is being preyed on by animal instead of a metaphor which hit the buffers travelers. have never been. stuck for. the difference between them and then decide. to have never been

harassed. and that's about the people behind the retired. great idea to make the typically for women you know they could be played like women. and poor little. tense out there judging by the reaction online most women. just like with a company who expected to flock to them these even if it was a bit of sarcastic stereotyping that. if you have to explain the joke. otherwise we're really not. the blue one is for boys. it seems that it's a marketing minefield when fans try winning a for women take. thing

as today is in full swing so perhaps a struggle for women's rights should be celebrated maybe the p.r. guys let's face it they probably guys should take some time out and i think peg the gender pigeonholing and remember that political correctness doesn't wash with women . and that she said he there reporting on that side of things are looking so far today here and i see more from interest over. time don't forget that we've got plenty of stories of the to you on our social media pages and you've. got twenty eight team coverage we've signed one of the greatest goalkeepers of all but there was one more question and by the way it's going to be our coach.

guys i know you are nervous he's a huge star and. you have to be the center of the problem here with you and you go over great britain you are the rock at the back nobody gets past you we need you to. go. alone. and i'm really hoping for a draw and for the. russia. this special one. needs to review. the latest edition of the go. book. this is. a church secret indeed just like priests accused of sexually

abusing children can get away with it quite literally i like to call this the do a graphic solution so what the bishop needs to do then he finds out that the priest is is a perfect or it is simply moves him to a different spot were the previous standards not known the highest ranks of the catholic church help conceal the accused priests from the police and justice so send it out and if that's not the best the i intend then i can flip out at tuesday's out and. it's not. as if. it is felt is true. about your sudden passing i've only just learned you were a south and taken your last to bang turn. your attitude up to you as we all knew it would i tell you i'm sorry for me i could so i write these last words and hopes to

put to rest these things that i never got off my chest. i remember when we first met my life turned on each breath. but then my feeling started to change you talked about war like it was again still some more fun to feel those that didn't like to question our arc and i secretly promised to never be like it said one does not leave a funeral in the same as one enters the mind gets consumed with death this was quite different i speak to now as there are no other takers. to claim that mainstream media has met its maker. what business. this is boom bust broadcasting around the world from washington d.c.

i'm bart chilton on this date march seventh eight hundred seventy six the u.s. patent office granted a cat into the cottage born in venter and innovator alexander graham bell for the first telephone his first words using the device were mr watson come here i want to see you eleven years later and eight hundred eighty five mr bell founded the american telephone and telegraph company a t. and t. bell was a true disruptor of the day and worked upon many inventions in his later life including those related to hydrofoils and aviation he even along with thirty three others was a founder of the national geographic society and served as its second president and coming up sticking with phones and telecommunications a little later on ashley banks joins us to take a look at the world's biggest telecom companies and just how much money they make

and we take a look at the housing market in the u.s. and abroad with debbie boyd plus we sit down with gary left to talk about airlines and their profits but before we get going let's get to the headlines. recently we reported on the growing cooperation between the right hailing company and toyota well not to be outdone nissan is set to begin field test in yokohama japan of its autonomous self driving car service nissan will become one of the first major automakers anywhere to test hayling software developed in-house using its own fleet of self driving electric cars the service will be called easy ride and it's set to be launched in the early twenty twenties. in addition to taking passengers to their desired locations easy ride will also make suggestions on destinations based upon customer queries such as restaurants near me all while the

vehicle is underway in related news renault nissan and mitsubishi motors will move closer to becoming a single company with joint executives leading all of the major functions of the companies the alliance dubbed r. and b. for renault nissan mitsubishi of course rivals of volkswagen which is currently the word largest producer of vehicles by sales. a world consumed by quick expanding artificial intelligence experts are warning of their growing capacity to independently produced malicious things such as fake news however that's nowhere near the worst of these predictions that experts warn a new report titled the use of artificial intelligence that's pretty explanatory researchers on the subject have cautioned about things such as cyber attacks and even hacking of our infrastructure over the past five years in the field of ai it's

become really rapid the development and these experts warn that this at the current pace things could go south very quickly another hypothesis of the report claimed that if left unchecked a i could even hack into drones and driverless cars and my question is what does all this mean for jobs we'll keep an eye on that here. we're two plus months into the new year and home sales may be signaling a downturn joining us today to give us some insight is debbie blois c.e.o. of d.l. b. financial services debbie thanks for joining us let's get right into it home sales are already seeing a drop in existing home sales which represent the largest majority. of home sales saw the sharpest drop in three years what do you make of all this well you know the housing market is alive and well i wish people would just remember that the housing

market is local so in every local city it's going to be localized yes interest rates are the same across the board and they are going to go up but i don't know if you remember but we used to have nine and ten percent interest rates for mortgages so everything is on sale now i think it's up to the mortgage professionals to educate our home buyers and remind them a lot of them are new they've never been in the market before they don't they heard that we had three percent it's now up to five percent they're freaked out but this is like still on sale it used to be so much higher so it's we've got to do our part to educate our our home buyers now yeah you're right i mean we have been at five cents five percent since two thousand and eleven i think i read that the thirty year is four point five now but it looks like we're going to see an interest rate rise jay powell just recently sort of indicated that the federal reserve will raise rates in march and we already do have the highest rates in four years so how how would this four five rather percent plus impact the housing markets i know you say

it's you know localities eccentric but overall throughout the nation debbie is it going to impact want to be home owners. i don't think so i mean if you want to buy a home that's just the price of buying a home there's nowhere you can go to find it cheaper is like buying a car there's only so many entry level cars that you can buy and the cost has gone up over the years interest rates mean that when they rise you might be a have to buy a little bit less house for the money but you're still wanting to buy that home and provide that for your family you're going to pay whatever it takes exactly now there are some areas where you talk about you know local specific things the new tax reform laws you know makes it more expensive to live in some of the high tax states like that in the northeast in california fact new york new jersey and california already have some of the highest home prices across the nation do you think this tax bill is sort of a longer term problem in that it puts downward pressure on home prices in some

states with already high taxes. you know i don't think so and i think time will tell though but i think people in even in these high tax states they want to provide a home for their family it's still a good investment it's a main part of an investment portfolio so i still think you're going to see people buying homes people are older now when they buy homes and they have to look at the tax ramifications we don't have first time home buyers in their twenty's now first time home buyers in their thirty's but another reason that we have a so-called slowdown in the mortgage market is because the homes that we have to pick from on entry level homes are three hundred four hundred thousand dollar homes now they're not one hundred hundred fifty anymore with the home buyers being older they have more classic taste they don't want to come in and fix up a home they're not to do it yourself or is anymore so i think our our home selection has to change a little as well it's very interesting now even with higher mortgage rate you know

is credit available to those new home buyers like you say i mean it's no longer going to be you know one hundred thousand dollar home it's going to be significantly more is it available now. it is we still have f.h.a. loans in this country for three and a half percent down that's not much at all then you get mortgage insurance to protect the lender in that case v.a. still has one hundred percent financing so if you're a veteran you can still buy a home with nothing down and most of the closing costs are picked up by the seller there's something called the seth program s e t h program and that's available throughout the united states it's based on a county and it's based on state specific limits and allows people that are not even have to be first time homebuyers but just with lower income levels almost up to ten percent down to help them with closing costs and there are initial down payment so yeah there are programs still out there available and then again you're going to find owner financing available for rather first time homebuyers or people

that have had a credit mistakes in their past that makes me want to ask the guy who sort of fashion some self as a consumer advocate throughout my career are there things that new home buyers should be particularly aware of or wary of things to avoid you know we remember back in two thousand where we had the you know the bubble loans etc are there things out there now that people had expression cautious about. well you need to look at what the fees are when you do a loan you can get an f.h.a. loan and a lot of people qualify for that because they're only looking at the three and a half percent down but there is a two percent funding feel on f.h.a. well if you can put three and a half and two percent down then you got five and a half percent down you might as well do a conventional loan it's going to be a lot cheaper that funding fee is just a one time fee but it doesn't go to the overall equity of the house so you need to look at both of those also do every county in every city has downpayment assistant

programs in it it could be just how many people are in your home it has nothing to do with good or bad credit it just has to do with what you are and how many people are in your household there is money available out there ok good to know now a lot of our viewers around the world i want to ask you about places around the world london paris what's going on with housing worldwide. i think you're going to say well everything is much more expensive now than it's ever been and i don't care what country you're in australia canada london i mean it doesn't matter everyone wants to a piece of home they want to have something that they own so you're going to find that people are going to be struggling to get into that save that money down to make that down payment on whatever costly housing is in your area they're just going to have to save more money they're going to have to be more frugal they're going to have to learn to stick to a budget everybody we say that's the american dream to own a home but i think it's everybody's dream to own a home it's just going to take

a little while longer in some areas you know and the rest of the rest of the economies around the world in aggregate are doing better and better some of them are you know china and india were you know doing gangbusters better than the u.s. but you know europe is coming right now so some of those folks may be able to get back into the housing market or get into it for the first time you know usually in the spring and we're talking about the world here after say in our spring in the early months of the year is when the housing market gets jump started people are willing to get out of get out of their sweaters and go out and look at homes but given the recent data are you still optimistic about the housing sector for the remainder of this year in the u.s. and abroad. i am you know when spring not only is it the weather that makes people decide to take moves but we're getting kids out of school in may and june

over here you're not going to disrupt your family and move them in the middle of the year and change school districts or cities or states so you're going to wait until afterwards or people need to start early so they start like maybe february march april in listing their homes and they can have a long closing date so they can close in may after the kids are out of school and then they move their family companies are still moving around the country trying to find the best tax rates in different states texas. has been a great recipient of that with the way our state runs a lot of major companies are sending their people here from across the country or across the world so texas has got a big influx of people but it's always in the spring and summer when families are able to move in upset the school districts or i'm going to ask you a little bit of a tricky question say that you're a parent and your kid is not a kid as a young adult just get not a college and they're looking at someplace to go and one of their priorities is to buy a home and right maybe you're not going to say texas maybe you're good where should

they go they go any analytical anywhere yeah and why is it matter where they go well because the same rules apply everywhere you know but but those kids that are just coming out of college some have a lot of debt some of them are going to get a new job you know they're not staying in their jobs as long as well for other generations didn't you know some people retired after thirty years these millennial zora buying are getting their first jobs and maybe they're going to live there two or three years and they're going to trade to a different job you don't want to buy a home in today's market with all the closing costs in the down payments and have to sell it again in the stress of all that just rent if you're not going to be there five years you're not going to recoup your money save your money double down on your four zero one k. get 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 down payment 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 cushion 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 see. d.o.b. financial services thanks for your time. still more to come so stick around because when we return we speak with gary left about airlines and profits plus ashley 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.