look at the back nobody gets past you we need you to get down the way let's go. a low as i want to and i'm really happy to join the team for the two thousand and thirteen world cup in russia meet the special one come on south appreciate me just to say the review team's latest addition to the big i don't need to just say but. most definitely wasn't a victim of any kind of federation or at stake from the russian side because it was both really destroy the russian could be beauty as far as exchanges sort of concerned and they depended on it because they certainly have to get their people banking to they get into trouble.

welcome back international monetary fund managing director christine lagarde told the i.m.f. and world bank spring meeting here in washington we've been covering missile guard all week says she's concerned about concentration of ownership within the tech sector while dismissing the idea of breaking up the tech giants legard told an audience at the meetings opening event that quote too much concentration and too much market power in the hands of a few is not helpful to the economy or to the wellbeing of individuals like art also cautioned her audience to view this concentration of wealth in light of past historic examples a number of internet giants control much of the global movement of data and information and the founders of these companies count amongst the richest person in persons in the world so. does history repeat itself. and speaking of the i am. yes their analyst reported this week that spain's per

capita gross domestic product is now greater than that of rival italy the i.m.f. also projects that within five years spain will be seven percent wealthier than italy essentially reversing their relative economic positions from a decade ago twenty years ago italy's economy was roughly twice the size of spain's italy's per capita g.d.p. is also projected to be by the i.m.f. to fall behind that of the czech republic and slovakia by two thousand and twenty three italy's debt to g.d.p. ratio is the second highest in the eurozone after greece and could become increasingly problematic for the eurozone. food manufacturer nestle has posted their q one earning statement declaring a profit of twenty one point three billion swiss francs on top of a strong two point eight percent increase in sales overall and a one point two percent growth rate in u.s. sales and while sales grew nicely investors say nestle profits are being held back

by low prices meanwhile nestle and twenty three other chocolate trading manufacturing companies have made an agreement with the nations of the ivory coast and gonna to make cocoa cultivation more sustainable and prevent cocoa planting and protected areas illegal planting as harmed ivory coast forest home to rare endangered animal species including chimpanzees and the pygmy hippopotamus. the english premier league is one of the most well known sporting organisations in the world manchester city is enjoying ownership of the e.p.l. title but for the other one thousand in the league there is still success to be found off the pitch world of sports anchor steve crist taco's took a deeper look into the finances of the gold standard in british sports. premier league teams continue to see their profitability rise despite the club's success throughout the season the numbers are astounding in. largest in fans might have

suspected according to recent findings by deloitte sports business group total operating profits from the twenty sixteen twenty seven thousand season were a combined total of one billion pounds the equivalent of one point four billion u.s. dollars currently wages across the league rose at a much smaller pace players saw their pay rise by nine percent but their earnings to wage ratio fell to fifty five percent its lowest in twenty years the rise in profits also corresponded to the league's new television deal with english broadcasting stations the three year deal began during the two thousand and sixteen twenty seven thousand season trends for broadcast revenue will continue despite a decline in income from the league's domestic television deals however the league is hoping that revenue from international television deals will be on the rise the premier league boast some of the biggest names in football manchester united manchester city and chelsea have fan bases that stretch around the globe with the formula of broadcast revenue incremental wage increases and

a twenty five percent hike in revenues the e.p.l. will continue to break financial records steve her stock goes. and moving to housing new numbers show us home building increased more than expected in march with a rebound in the construction of multifamily housing units but witness in the single family segment suggested the housing market was slowing here to break it down further and talk more about housing generally is cathy fat the c.e.o. of the real wealth network kathy thanks for joining us again according to the commerce department housing starts rose one point nine percent what do you make of the numbers. well when we look closely it really shows that multi family had an increase but we had a decrease in starts for single family however i was the family tends to be volatile so if we really the euro in on single family what happened there why did

we not see more starts and that has a lot to do with whether we had a cold a cold march a cold february and i can slow things down lost the snow but also more regulations and that is slowing down the construction of homes and kathy what about what about the cost in general you know there's been all this trade tariff talk lately not just with china but we have a continuing dialogue over nafta and when we talk about canada we always talk about lumber canadian lumber prices have input costs for construction of homes in multi family home has that those costs gone up kathy they absolutely have and across the board of the biggest problem really today is a lack of construction workers and when you have a lack of supply then prices go up so we're seeing wages go up for construction workers which is great for them but not so great for the end price of the new home and add to that new regulations that cost more with the holding cost to to get

permits to get to the point where you can actually build that home and then regulations permit fees have gone up so it costs more than thirty percent now than it used to to build a new home and that's coming just at a time when there's such a desperate need for housing when prices have already gone up and now with interest rates going up it's getting more and more expensive to own a home let me ask you two things that you said there that interest me one on the permit costs those are really those aren't federal regulations all those are usually state or localities right. that's right local planning commissioners and. basically local cities don't necessarily do exactly the right thing when that thing is needed right now what we need is affordable housing and so when you when you do what it takes so long to be able to get permits to build and when there's more fees and more regulations that is exactly what's not needed and some of those

regulations involve. costs that make it cost prohibitive to a to provide affordable housing when that's exactly what they're asking for so it's cities would be more understanding that developers are trying to bring on the new housing they need support now l.a. los angeles did something that is unusual will california in general and that is allowing accessory dwelling units these eighty use this is new regulation that will actually allow people to convert their garages or put in a guest house that will increase density in in just single family home neighborhoods let me ask you one final thing before we go we talk you mentioned there the shortage of affordable housing are there any positive signs for this we talked about the problems anything positive up there kathy well we're seeing more innovation more technology we're seeing tiny homes and like i said these eighty use in california local cities don't like it so much because it basically means

a city can't say no you can't convert that garage they're not allowed to do that if somebody wants to convert their garage into living space they can do it and if they want to bring in that guest house they probably will be able to do it so that should help. thank you so much kathy you sure appreciate i know i've seen those tiny home shows and i'm not sure i'd want to be in however if that's the option you have that may be what you take anyway thank you for being with us kathy fett the c.e.o. of the real web the real wealth network c have a great weekend. netflix upping their game in the european union by making a one billion dollar investment this year alone including new and original content that amount more than doubles netflix budget for the e.u. which is expected to expand english and foreign language programming into the area in fact it's reported that new dramas are already being produced in spain italy

germany france the netherlands poland and turkey the move is seen as a reaction to other streaming content competition from providers such as amazon and here to discuss more about netflix the media and disruption in general is holland cook host of the big picture here in r.t. america holland thank you as always for being with us what's your reaction to netflix first of all well not surprising at the consumer electronic show last year their c.e.o. reed hastings spoke and said it took us it took cable twenty years to attain what they had already attained seventy million viewers and as he spoke they lit up one hundred thirty other countries including russia and india so now who's wondering why susan rice is on the board of netflix a state they need a state department it's a very global thing but there is more to success than scale because content has become

a commodity if you're just showing other people stuff they can get at other places so acts like the crown orange or the new black house of cards which you can only get from netflix is a prudent investment and they bet those shows are really show. those that people sort of binge and you and i were talking earlier about how binge watching became into effect sure and when the sopranos was a big hit on h.b.o. people didn't just subscribe to h.b.o. they got connected to cable so they could see the sopranos when howard stern went to satellite radio people subscribe to satellite radio so content is driving consumption and they really are getting bit bigger i mean netflix now is one hundred twenty five million subscribers they've got a market capitalization get this one hundred forty four billion dollars one forty four that's more than g.e. and i.b.m. combined but this disruption is not happening only in the media space i mean we

talked about before about time warner eighty and t. bird spoke about that on the program a little bit earlier today but disruptions happening all over the place right and this typifies it the world's largest movie exhibitor doesn't own a theater it's netflix the world's largest taxi fleet doesn't own a car it's the world's largest accommodation provider air b.n. b. they don't own any brick and mortar so what netflix is doing is not only an example but it's survival because they started out putting d.v.d.'s and snail mail to you and i remember the end it was to get them quickly which is a big deal that you get them in a day at a mile they did it and you had a list and they gave you the next item on your list but you notice they didn't call it d.v.d. by mail dot com it was netflix because they were thinking down the road you know absolutely that they morphed into new markets and if they don't continue to morph like they are doing in the e.u. perhaps they could be surpassed before we go holland your program actually airs tonight seven o'clock the big picture with you and cook what's on tap for today it

is earth day weekend so we're going to talk about mother earth and the circular economy how we're evolving from the linear sense of take make and dispose into reusing the stuff we pull out of the earth and because even waste is such a big. problem we have top radio tech talker dave grave line talking about why not to bring your computer to the landfill and while we had them we talked about the i phone battery controversy is planned obsolescence baked into apple's recipe will tell you that seven in ten thirty eastern on r.t. america we will be watching it i will be watching it hala cook coast of the big picture here on r.t. america thank you my friend and that commission we shade it. and as we round out the week we wish you a happy birthday which as hollande said is this sunday will have some environmental business news next week thanks for watching or you boom busters be sure to catch boom bust on you tube you tube dot com slash boom bust r t ever great weekend.

this is appealing city of angeles when the u.s. military moved out the six tourists moved in. and now a whole generation of fatherless children is growing up here. think that an opinion one simple simple dangle. i bake day is a gem like you like last time you know your. son. is in the first time in the t.v. crew to see you and takes you for a night. answer is known that now and that it's real or is this. that's it the tell

you what my god found it. that. you can take the gil is above that you can take the budget of the girl discuss the peano woman you know. oh i love doing it you did you you did . you know. you never know what's around the corner you never know what's in the pub you're going to walk into that excitement is that not knowing that's where the adrenaline in much comes from. and you can use a nice blend definition and the extremes to will for most of. the violence is

a part and it's almost a schizophrenia. where you can do all these things and behave like badly. important people of course colorful it all for the both of us both more so for the last. undismayed and infirm for the role and get on far less than we thought. i would grow older when the fight broke out i really did a poll not going to get. the meaning in reason is that at least if you don't involve these constantly evolving and. joining me everything on the i like simon chill and i'll be speaking to us of the world of politics sport business i'm show business i'll see that.

i've played for many clubs over the years so i know the game inside out it's. football isn't only about what happens on the pitch put the final school it's about the passion from the fans it's the age of the superman each a billionaire owners and spending two hundred twenty million on one player. it's an experience like nothing else on a because i want to share what i think what i know about the beautiful guy a great someone more transfer. and thinks this minute. los angeles the sony of luxury and fame but also an alarming number of people living in the streets. simple fact in l.a. use there's just not enough shelter even if people on the streets right now decided to come in there's nowhere to come in it's been

a struggle. and this man found his own response to the problem and constructed dozens of tiny homes for people in need of shelter when you have nothing in order to go. you know having some ideas may as well be a castle do the authorities accept such solution tiny house on the parking space is not a solution your craft to someone monitoring the site otherwise it will be a free for all there are a better alternative to envy homelessness crisis. the first to go was a real food and then to plant the seeds and over the books. in

these new months. spot stuff i think. you'll think. that will. want to stop shopping. so females of ballet she says she wants. the next measure that. i.

don't know. how. the u.n. special envoy for syria says the peace process must be restarted following the u.s. led bombing of the country adding the move has put efforts to find a solution. meanwhile north korea's nuclear missile test something washington claims the u.s. pressure on young though says it's because it's you can your eyes ation is actually complete and an islamic preachy convicted of hate speech use deportation was initially blocked by the european court of human rights is finally sent home the whole issue of much debate the issue is you can't be talking about freedom of speech and integrity and then. people i will defend your right to free speech but

when that free speech is to promote the. right to not. be called. so i welcome it four pm here in moscow you're watching international our top story the russian foreign ministry says that the experts from the chemical weapons watchdog the o.p.c. w have left for syria city of duma where an alleged chemical attack took place last week confirmed reports of the incident were used as a justification by america u.k. and france to launch missiles on syrian territory the u.n. special envoy for syria has said that peace efforts have to be relaunched following the u.s. led attack on the country. we never expected this to be this and very very potential danger of. peace and security is this what this happened last

week. and it's not a lot of time now in geneva but the report really three countries the u.s. the u.k. and france have not only bombed the madrid chemical facilities in syria but also bombed the geneva peace process but although no actual categorical evidence of chemical weapons being used has been put forward the assad government has been accused of gassing civilians and even before the international chemical watchdog could start its official probe into the allegations the u.s. u.k. and france launched air strikes on the country largely on the basis of social media reports.

we cannot launch the united states cannot launch a military attack based upon innuendo and without real facts again we saw this in two thousand and three and we're still living through the disastrous consequences of that decision but if you're going to launch a military attack particularly in this part of the world where so many other players are potentially involved such as russia iran. as well as syria itself it could easily cause a slippery slope of a catastrophic disaster in that region if not in the world the ability for escalation at that point military escalation is great and we saw that in iraq so are we going to be seen history repeating itself but on a larger scale. while the west has called the missile strikes a humanitarian intervention. gives us her take on that. after allegations of

a chemical attack syrians were immediately reassured because in case you missed it heavily armed westerners will plays well only that way with a humanitarian intervention. missiles from france britain and the us are like no other because they combine high tech killing power with good intention there are plenty of other countries involved in the syrian cluster but it's only the really nice ones doing it for humanitarian purposes the anger saxons on the poles all traditionalist self to roll when it comes to weapons that they think the conventional kind they've tried the chemical was on the biological arms and you pay a lot and well who won world war two korea vietnam iraq one on their own too so when they tell you they'd really rather you didn't use them they are all tools you can from experience say the message to death put some terrorists that is

sick to a bunch of old weapons on the possible buying it from western homs deal is because that way you can fly of them safely from the moral high ground these three amigos dumped them friday for a into syria i think humanitarian intervention they need via millions of dollars worth of humanitarian aid into the country still to shout a missile humanely into leaving out and million bucks apiece while every little cruise missile represents a one off a million dollar aid package only extremely efficient and getting help to the people who really need to look to the syria mission and really achieve apart from going up a few empty buildings where everyone has been told to take them myself anyway the leaders under the car in washington london and paris this kind of p.r. is the ball subject a striking a lesson into syria makes for much better headlines that stool. greg zen

originator is getting a release thing of their. mission to. north korea says it is holding nuclear missile test with the media sect leader kim jong un made the announcement at a party meeting according to the state news agency now the nuclearization is complete and verified circumstances we do not need any further nuclear tests medium long range an intercontinental missile tests what we have from the korean central news agency the official state agency is kim jong un has announced from april twenty first the country will be suspending all nuclear tests and all ballistic missile tests shutting down all of the key nuclear testing facilities and focusing instead its resources according to the north korean leader on building a strong socialist economy mobilizing people to increase the country's quality of life they've also added to that of course a clause. that was likely to be one stating that north korea will never use nuclear

weapons unless there is a nuclear threat or nuclear provocation to the country so that is the clause we have to bear in mind here they've also said they're willing to intensify dialogue and negotiations with both mayberg and the international community so that's the context here of more of a thawing of relations with the southern neighbor and of course coming up to that crucial meeting in june with president trump should go ahead as planned that will be the first meeting between a current sitting u.s. president and a north korean leader and of course we have a tweet from trump to be expected to be without that stating very good news from north korea suspension of nuclear ballistic tests and looking forward to the summit so he's taken the news positively while it isn't optimistic at all so while this is good news of course it should be taken with a pinch of salt this could be a bargaining chip some sort of bluff of course on the part of north korean leader that's what mainland this will point out nevertheless is a part of part. very much changing rhetoric between north korea its southern

neighbor and the united states so certainly a big reaction tomorrow from world leaders from the u.n. and of course all eyes are on the one that historic summit may very well take place down hawkins reporting there with the u.s. vice president mike pence says that the progress could not have been achieved without president trump and his strategy of maximum pressure however some of the analysts we spoke continue believe the latest breakthrough does come in spite of not because of u.s. threats president has been threatening north korea all along and don't forget that north korea kept on firing this testing missiles and and carrying out tests until failed to. acquire the ability is to deliver as a devastating and nuclear deterrence the united states even before president trump has given the cold shoulder to north korea and the north korean no and the united states was not to be trusted because a wild north korea at one time tried to demolish some of their facilities you never

get anything in return so this time around. learning the tricks and try to acquire a credible capability is this is a major step you can see that from the beginning in this process north korea and south korea have been drivers this will now take a photo i would call it the u.s. government has been what it used truck try to do when you sent this arms folded glazed a sitting down when everyone else was celebrating when the two koreans marched into the olympic games and the whole crowd was cheery careers and while the koreans have also do a cheery you know american government looked like an obstruction of the peace treaty was starting to leave the station and so donald trump ended up in jump under that tree. an islamic preacher convicted of hate speech him from. has been deported

after his appeal to the european court of human rights was rejected. diety was sent back to algeria on friday following his conviction for provoking hatred towards jews shiites and women in public speeches he reportedly made slurs against jewish people and argued too that women should not have the right to even leave their homes without permission well police had warned the a man posed a significant threat and his speeches encouraged acts of terror we discussed the issue with a number of analysts people who come into the united kingdom you know france the european union have to sign up to the values of tolerance and respect respect for different faiths different ways of life it wasn't any kind of laws within europe freedom of movement of free speech he wanted to deny people that the issue is you can't be talking about freedom of speech and integrity and then silence people i will defend your right to free speech but when that for.