tv News RT March 10, 2018 1:00am-1:31am EST
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he's right and what india is a huge repertoire of technical talent we have a huge number of engineers graduating perhaps we are the second largest or the largest school of graduates maybe after china and vietnam is speaking graduates so we are mathematically extremely well trained and the democrats are extremely talented so it doesn't take very much effort or order of. much time for them to get accept with block ships so that is what is happening now so if we compare two thousand and sixteen to seventeen the uni lateral are you need i mention will focus on bitcoin trading and applications to do with big grid has transformed now to building a big actions on the tedium people getting trained in solidity we have costarred hack a thons there and we were surprised even retallack was very impressed that the use
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cases and applications that were being built why are not just related to the financial services but across the spectrum so there were there were large stick there were supply chain companies there were financial inclusion obligations there was even a technical payment channel application which impressed with alec and reality ended up giving the price of the block and price for every dollar greater in price for a block an excellent. it's fantastic a reef a calm krypto champion thank you so much for being with us hope you'll come back again i know our viewers enjoyed this pleasure being with you after the shit i look forward to. in the february jobs report is out and the unemployment rate remains at four point one percent but the number of jobs created beat expectations big time coming in at three hundred thirteen thousand jobs created we'll talk about the numbers in detail on monday's program in time now for a quick quiz as we go to a brief break to match the two thousand and seventeen gross domestic product to the
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nafta countries the us canada and mexico of course and the rate of match are three percent two point five percent and one point five percent one of the answers when we return. your call and say that. something is good in kosovo all but for about a solo in a zero zero zero zero but fall for crimea. or whatever. either the principle is good or the principle is bad has to be apply equally and that these. other done some is not so is not i can put in place is not
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a good country and try to stick to the minister but among us well some of the stunts. that you did this but this is a just so this is. just the coach and. that's ok with this checklist yes. olin's. the embrace from a fellow muslim of oneself a bit a little. mostly out of this fossil. play almost any columbus and he based a lot of the kind our data johnson on based on our much less prototype no one can absolutely not the last color we asked was home to that mcnabb had on amanita. from michelle to me and cannot. construct a man i can know who he was almost feel now we're going to fuck him on a cool let's do this or to miss all the numbers go study it boosted i don't want to go to the cities in the micra voices in his or the lot of the street the. cinema
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bhargava of the lot of this. facility who are supposed to. be everybody i'm stephen baldwin town hollywood guy the suspect every proud american first of all i'm just george bush and r.v. i'm losing steam this is my buddy max famous financial guru and we're just a little bit different i'm not a. guitar no no no no the up with all the drama happening in our country i'm shooting the road have some fun meet everyday americans. and hopefully start to bridge the gap this is the great american people.
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welcome back the answer to our quiz question matched the. thousand and seventeen gross domestic product to the nafta country canada leads with the two thousand and seventeen g.d.p. of three percent the us with two point five percent and coming in last mexico with one point five percent. saudi arabia and egypt are furthering their strategic alliance and building a megacity on the border between the two nations the economic cooperation is expected to see ten billion dollars worth of investment both nations have also signed an environmental agreement to ensure that construction of the megacity does
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not negatively impact the red sea the saudi egyptian cooperation is notable given that the two disagree on key conflicts in the region especially as they relate to syria and iran. the coach chief executive officer jeff ross of noble a large commodity trader was paid twenty million dollars last year even though the company lost five billion dollars in revenue noble has been in turmoil since two thousand and fifteen and is currently going through a restructuring the large pay raises issues of c.e.o. compensation is a big one and we'll have more on what c.e.o.'s are paid in the coming days. and we're joined by bryan caplan whose new book the case against education is creating quite a stir and we're pleased to have a with us brian now explain yourself because the title is obviously provocative but
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what are you saying that that maybe there's commonality and then we'll get into the details so the main thing i'm saying is that even though education trays are pretty well for the students themselves it's not really a very good investment taxpayer money because most of what you learn in school you're never actually going to use on the job. so how do we how do we deal with that i mean what what's the answer i mean having better educated kids is and young adults is obviously helpful in the long term to disk being fully developed humans but how do we deal with you know what you write about and i read a lot of your book and you talk about that essentially the moniker that goes with the degree is not worth it you're not saying being stupid is a good thing. being stupid is not a good thing but you know really what i'm saying we can agree on that part brian right and the stupidity in this post either have
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a princeton diploma with no education or princeton education with no diploma which one would you rather have right now right and if you even have to think about it you really agree with me you know what i'm saying is sure a school does teach some useful skills but one of the main reasons people go is just to get a stamp on their forehead to get a seal of approval to do get certified and of course that's really useful for the individual because if you've got that nice princeton agree then employers are going to be a lot more interested in hiring you but i say is from the point of view of society that's not really very helpful because if we were all to go and have nice fancy degrees this would mean we'd all get to have nice jobs it would mean that you just need to have more education and fancier degrees in order to be considered worthy of employment so i mean really i say a lot of education is a rat race where the more you have the more you need to be considered employable and again of course if people are learning a lot of really useful skills in school than this would be fine because you learn useful skills that you actually get better at doing a job but in most of what's going on in schools you study subjects you're never
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going to use after graduation and so i say there's really very little point in taxpayers going encouraging this kind of rhetoric. ok well i think we have i agree with a lot of what you said actually but i think we may be coming to the fork right here because you also argue against spending you know money cutting spending on education i don't think there's a role there and so my question is that you know shouldn't we just try to educate kids students better in a in a in a way that doesn't just rely upon some crappy sheepskin but that is actually based upon real things but you go right to it seems cutting spending. well i mean here's the thing there have been people working on improving teaching for many decades and yet learning remains quite crummy and it's and like how crummy is it well there are a lot of subjects that people study for years that they essentially know zero about adulthood like foreign languages like normal in u.s.
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schools that you have to take two or three years of foreign language you just go and talk to adults and ask them have you learned to speak a foreign language very well in school under one percent will say they do so it's not that we're just not getting a lot of value there's a lot of areas where we put in years of time and money and we get next to nothing for it so in cases like that i say just not realistic to think that we can just improve it and then finally we get our money to the case where english is look schools been wasting a lot of money and really we should go and withhold say look you've been wasting it on i mean what kind of money and we don't want to keep wasting of these things so you know like you know this is not require any anything even all the radicals really just ten percent cut in spending or twenty percent cut in spending you know a minimum to say tell schools look first you go and show that you are teaching people to be fluent in foreign languages and then maybe we'll consider going to restore your funding so to me this is like a case where someone's been wasting a pile of money of your money for years like someone's been taking money to mow your lawn and then the law doesn't get me any mode for years i mean you could say
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well why don't you just make sure they mow the lawn is a like given how messed up the system is and probably better just to say look how about you go and you first demonstrate that you can do the job and then maybe we can talk about the money boy you must be a strict parent by gadget i mean yeah i mean i just had to say to him when you're not doing anything for me it's terrible. yeah i get the argument in theory brian but i mean it seems to me boy i don't want to be those kids who are the victim of your policy or particularly you know the more vulnerable kids who who don't have access because if you're in old middle income and you can afford to or are wealthy you know families you can afford to put your kids in schools again you can debate whether or not those schools are the best but you can make a decision based upon the free market where you go but particularly if you cut funding then there is no option i mean none for kids and what we don't what we want to hold you know a country of homeschoolers i mean how do we deal with that. so i totally get this
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argument but he is so first of all what you're saying is no argument against a ten percent cut right so you can cut spending by ten percent or do it isn't even that long ago the spending was ten percent lower and yet things were not were not dramatically different but any of them the main thing in mind is this so if what i'm saying is right and the main reason education pays is just that you're getting these diplomas and grades to impress employers then if everybody had less the main effect would just be that employers would lower their standards so you know we're measuring we're everyone in a college degree and that case employers would expect you have a college degree when fewer people have it than there are a lot more opportunities for people who don't have it and you go back fifty years you know if you were a high school dropout there was a lot more opportunities for you in those days because when a lot more people didn't finish school it didn't say anything all that bad about you and employers were openminded so you know like whenever people start getting really worried about the impact on vulnerable people they're always picturing like what if one person doesn't get to go and that case i agree one person doesn't get
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to go then they stand out like a sore thumb well the other hand if we were just to move back to a world where people didn't take culture added then i say like it would not be bad for people on balance because would mean that the education you couldn't afford you'd also no longer meet again just picture this imagine a world where you can get a good job right out of high school this used to be the american economy and i say it could be the american economy again. you know you're you are you are one of these fellows that back in the day i would like to had a bunch of wine with and because the theory is great but i just get concerned and you talk about you know the world i mean if you look at you know students around the world the better educated kids that are young adults again that are i shouldn't keep saying kids but to young adults that are graduating you know they're getting better jobs and overall you know we are not in the u.s. an island unto ourselves and so if we don't have you're talking about
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a revolutionary thing i get that but i just don't know how you get there in practice are you really suggesting that we do these things are you saying there's a big problem and we need to take a revolutionary action because i just don't want to be on the short end of the stick when we're already have a very an educated population compared to the global marketplace. yes so we're not educated compared to the global marketplace and your terms of years of education in the us is way above the world average and about average for rich countries any i like the i'm a if you go and look at what we know they haven't met with a brilliant henry but yes but real quick but you already told us that that the education we had isn't worth anything so it's so great with over the years why i don't necessarily equate to it right i mean we don't know how the people that we're bringing over from from india and that the chinese students who are coming to work here i mean we don't have that sort of quality of students do we well if you want
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to measure it just by by international test scores then again the u.s. is way above the world average and is not at the very top but it's still doing quite well quite well overall and you say how can that be when you're talking about how little adults know these are testily literacy and numeracy they're things that at least a lot of people do learn them fairly well but again the other male the main thing is that most people actually get good at their jobs by doing you learn by practice i mean so much of what the education system is all about is we make people jump through hoops for seventeen years and finally at the end we say ok now you're weren't worthy of learning how to be a pilot worthy of learning how to be a doctor worthy of learning how to be a secretary and i say if we just cut some years off of that would be a big improvement you know there are programs like switzerland where like there are highly developed countries were it were a much smaller share of the workers go to college they're still great at what they do but they just have a my economy that's much more focused on learning by doing and they lead people to start adulthood at an earlier age meaning similarly you know to go on worry that we're going to be put behind other countries and you know like when other countries
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are mostly making the same mistakes where there were that we're making where they're pouring lots of money and have kids spend long years in school a lot of times not learning much but even if they do learn they're learning stuff they're never going to know her regulation you know like the practical thing is to try to cut to the chase and say why don't we go and prepare people for what they're really going to do instead of making them wait. three years and you're studying subjects that are not relevant to the future. we have to finish it and leave it there but i do want to not only thank you for your controversial and definitely a thought provoking dialogue and to close that you know there is one thing i think we do agree on and you are getting to it there that we really should teach students for the jobs that are out there and we shouldn't just everybody should be on a college track and so i thank you for your contribution thank you for your time with boom bust and we wish you the best bryan caplan the author of the case against education thanks only twenty bucks on amazon can you afford not to buy. thank
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you. q. that's it for this time thanks for watching be sure to catch us on you tube at youtube dot com slash boom bust r.t. say again next week. this baby panda is a. day this young much eighteen some votes with your remote to zante for special coverage of the russian presidential election exit polls opinions real time results monitoring and much more. when you can you learn not to tell you the truth none of us are not good morning and one million people died. he
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killed people maybe even dangerous. now no one's going to link to a vividly strangled him and that's. a fight for many clubs over the years so i know the game and so i got some. football isn't only about what happens on the pitch to the final school it's about the passion from the fans it's the age of the super money just killion a loan to spend spend be true to the twenty million apply imply
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about. thirteen militants to leave the syrian rebel on clay but the eastern two said as part of the peace efforts cording to the russian army. donald trump slaps tariffs on steel and aluminum imports raising fears of a global trade war as other world powers bout to retaliate plus. a former police officer in north carolina with the sold off to beating up a black man ok we're ok that's offered to stuffing vodacom video is me.
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and you watching the latest headlines here totty international thank you for joining us. a group of imo militants has left the besieged enclave of eastern ghouta in syria humanitarian corridors this comes after talks broke. this video shows the militants leaving the area through the exit route they're being escorted out of the area by syrian soldiers ati's daniel hawkins. sudden development today given the deadlock over the past weeks and months in the region two pieces of news coming out of the first group of thirteen on armed militants and their families leaving the area through one of those russian military syrian government organized checkpoints those safety codes offered to civilians and fighters to leave the area should they wish to do so now this is significant because prior to this all offers by the russian military and the syrian government were rejected by rebel
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groups in the region despite unverified video showing of flyers being dropped over the towns and the city in the area no groups have taken up that office so far and civilians allegedly have also been prevented from leaving the area through those corridors because of shelling to those roads now all of the other bit of news is that the syrian rebel group. has issued a statement in which they've said they have taken the decision to release members of the terrorist group al nusra formerly al qaida in syria from prisons and transport them to a destination likely to be the north of the country one of the last major burble strongholds in syria this is similar previous moves during the syrian civil war where rebels have been evacuated from places such as such as homs other towns as well under these cease fire agreements and moved up to province and thus allowing
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the syrian government to move in take over the area and avoid. protracted conflict causing more bloodshed we don't yet know if the statement from jaish al islam and these rebels leaving the area are linked we don't know what group they're from either way though this does mark a significant development and could leave the door open to a wider evacuation of rebel fighters and civilians from the area in the coming future. well earlier on friday u.n. humanitarian convoys finally managed to enter eastern goose or the aid supplies had been delayed by heavy fighting as government forces battled terrorists there well according to the latest un estimates the fighting in east asia has resulted in more than one hundred deaths in two days the united nations also called on all parties in the conflict to end the violence red cross spokes person rather fell hard choices the people on the ground require a wide range of basic supplies. the needs of people remain massive the needs
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are. two four three four etc you have medical needs you have need for access to good source of food you need also access to clean water you have all sorts of needs inside the water today the priority remains medical help that we need to. reach with people inside all day and food aid as well what happens when a seven thousand five hundred people which the trucks on monday and today were able to provide humanitarian aid to or just a little percentage of what who of the people who need the military aid inside therefore we are always ready once an agreement is reached between the parties to give us the security guarantees to go back inside and deliver more and more humanitarian aid this could happen next week. if all parties agree again
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to allow us to enter the spike the danger that we were facing we were able to finish quickly and rapidly and able to go back however the danger was still present and that shouldn't be a recurrence if we are able to reach an agreement between all the parties next week to return back to east in order with more and more aid that we know is much needed inside. when we want around ten kilometers away there are reports of more terror attacks on civilians fresh shelling from eastern guta is hitting residential areas of the capital damascus russia's defense ministry says two people were injured in the attack similar assaults have been occurring on an almost daily basis since government forces increase pressure on the terrorists in eastern although some of the previous attacks have been far more deadly.
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and those who were in the shop working we heard a sound we didn't know whether if the explosion was quite so far away we went outside and found people on the scene with injuries that would make anyone literally shot. by u.n. refugee agency representative such as malik recently visited eastern he says the rebels need to provide basic security guarantees to let aid groups help people trapped in the enclave worker is part of this. groups inside the water they need to to give us that security assurances that we can come in and those who are outside need to give us that get into that would be peace during that period going
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to call in to bring assistance in the armed groups inside who are resisting in fighting they are groups that they are fighting amongst themselves and there's pressure from also from the military so civilians who are caught in this in this situation they have nowhere to go investigative journalist rick sterling says the militants in eastern goose are using some of the same tactics seen in the. the foreign powers should demand that the militants allow the civilians who want to leave the conflict zone to do so it's actually the militant factions who want to keep the civilians there and that they're preventing civilians from leaving and that's exactly what we saw in east aleppo where it was actually the armed militants who prevented the civilians from leaving and as soon as the armed militants were driven back the terrorists were driven out the civilians rushed into the zone controlled by the government and they were happy and they're rebuilding aleppo today and to billions are returning to that area that's what needs to happen in
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east good as well. president jiang past signed an order imposing tariffs on steel and i mean imports into the u.s. today i'm defending america's national security by placing tariffs on foreign imports of steel and aluminum the american steel moment in the district has been ravaged by aggressive foreign trade practices it's really an assault on our country went on veiling the tabs at the white house the president seemed to forget one important detail. would you like to take a picture in the oval office i assume you've all been many times into the oval office come on let's go and do that let's go on to the side yes i'm going to give we'll go into the oval office we're going to sign this we're going to the oval office we have a picture ok ok thank you the treasury secretary steve mission there reminding
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trampy needed to sign the order first before the photo opportunity well the tariff plan has received broad support from steel and aluminum companies in the u.s. and the new terrace will take effect on march the twenty third foreign companies will have to pay a twenty five percent tax for steel and ten percent for aluminum sold on the u.s. market in a concession to america's neighbors the tax will not apply to canada or mexico as negotiations continue and there are also plans to add australia to the list the move has been widely criticised in europe though as artie's peter oliver reports the steel in our many an industry all around the world very unhappy about donald trump signing what they see is well what really years his protectionist policies when it comes to the imports of steel and what they're saying though is that this won't just directly affect those companies that export to the us it will also have a knock on effect across the whole of the steel in business all around the world as
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competition to offload that product increases as you can imagine and as i said some very unhappy people all around the globe right now you should treat your choosing a trade war is surely the wrong prescription china will certainly make an appropriate and necessary response trade wars are bad and easy to lose i'm convinced that increased terrorists will hurt us all in the long run is the wrong way to go about it protectionism tariffs never really work at it but will defend our interests if needs come. what we have heard though from here in europe from the e.u. was that if you do this to our steel and on a million well we'll put a levy on peanut butter on board and whiskey on harley davidsons on levi jeans however following the announcement that both canada and mexico would be exempt now the words coming out of brussels that we're hearing is one of our exemption be.
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