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tv   News  RT  April 25, 2018 2:00pm-2:31pm EDT

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work jenna berman marketing and communications specialist at nation's photo lab says quote it's proven that working in a space surrounded by art work leads to an increase in creativity not to mention if you're meeting with clients and makes your space feel more welcoming and professional the harvard business review finds people who aren't co-working space says drive better than those who aren't as they see their work as meaningful and feel like they are a part of a community experts say this way of working could be the future of doing business in washington actually banks are to. spend time now for a quick pause but stick here because when we return it is the debt burden for most of the old just too much to take discuss with just one garcia the president of the united states student association plus alex mahela bitch and i talk about drug maker profits the cost of drugs and the ongoing war on opioids as we go to break there's been a big sell off today in markets the fifth straight down day for the dow we haven't
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seen five down days since last march a year ago mark and nasdaq is down for the fourth day in a row and your other numbers will be right back. and is getting international recognition with the help of israel at least in the world of suze a member of the commission to do it looking like you know. this isn't like complicity just going up on sunday oh maybe. they're old john you tell me they should be the only palestinians who gets the most help from it's to restore the counterparts i don't think this is about those who in the world under the old regime didn't know when to do this. and that is unfair that you have to this lady of the muscle that you have i don't know if you can do it. in the doesn't seem to
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do one the most awesome companies often. applied for many clubs over the years so i know the game inside guides. football isn't only about what happens on the pitch for the final school it's about the passion from the fans it's the age of the super money billionaire owners and spending sure didn't twenty million and one player. it's an experience like nothing else want to because i want to share what i think what i know about the beautiful game played great so what chance for. the base this minute. playing a one off selling you on the idea of dropping bombs brings police to the chicken hawks forcing you to fight the battle for fake stuff. that you saw proud to tell
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you that some because of the public by file for the most important day. off the bat thank you i'm not cool enough to buy their products. on the hawks that we along with our loved ones. because financial survival job today was all about money laundering first to visit this cash industry different. oh good it's a good start well we have our three banks all set up here maybe something in europe something in america something overseas in the cayman islands or do we do all these banks are complicit in the kleptocracy who decide to call and say hey i'm ready to do some serious money laundering ok let's see how we did while we've got home got a nice luxury watch for max and for stacey beautiful jewelry and how about. luxury automobile again for max you know what money laundering is highly illegal the
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approach watch guys are of course. welcome back the united kingdom is considering new legislation to require companies to publish what they pay chief executives and compare that pay to the median pay for the rest of the workforce the move is in reaction to recent studies about average wages at u.k. firms which kept secret the largest company salaries of that of chief executive officers the effort as part of an increased corporate responsibility move which spells out inappropriate business behavior in the continuing wake of the financial crisis corporate boards will also be required to provide proof that they have taken into consideration the pay of c.e.o.'s with that of the shareholders benefit. we have covered the story of a two billion dollar fraud at the point job national bank in india before the
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fraudster allegedly at the center of the ordeal is indian businessman modi no relation to indian prime minister narendra modi will now that effort to foster increased accountability for big business a new law is to set to confiscate the ass that mr moti who remains on the run from of forty is supposedly in hong kong under the new law an individual must appear in court within thirty days or be subject to having all of his or her properties confiscated and sold by the state. turning back to the americas let's catch up with mexico mexico and the european union have agreed to the terms of a deal on trade that eliminates nearly all terrorist between mexico and the e.u. mexico agreed to open government procurement to competition from e.u. companies and recognize two hundred forty geographical indications for products such as champagne that must be grown or made in certain places the e.u.
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in turn will grant greater access to mexican meats tuna orange juice and other products and in related news the mexican peso which swooned. in recent days rallied modestly today on the news about the e.u. trade deal as well as rumors that nafta renegotiation may be announced soon on monday the peso would fall into nearly twenty to the dollar and finally right hailing service a d.d. began operations in mexico on monday starting to win the city of toluca d.d. famously won the battle with her for the chinese market and the fight now moves to latin america. the big burden of student debt is a beast for many millennia was in a recent survey by the american student aid assistance program more than fifty percent of younger workers say they are concerned quote all the time about paying off their loans the report also found that close to ninety percent of the respondents would consider committing to working with one employer for five years if they received some assistance in paying off their student loan debts and here to
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discuss the rough road for millennial student loan debt and the potential dangers is john garcia she's the president the united states student association it's good for you to be here that's thank you so much i know last time i was in new york and you were down here you did a great job we appreciate you coming back so these numbers are like blowby away the debts gone in two thousand and three two from like two hundred fifty three billion to one point three trillion what in the world is going on right and great to see again in part yeah i'm exactly like that i look at these numbers and like what happened and there are a lot of factors that are involved and those numbers tell us well one thing is to wish to wish them is increased at a rate of seven percent every year for the past decades so that seventy percent in ten years basically you know and that's not the only thing we also have other costs that are related to wash and that includes food that includes rant rant is going
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out and nasa the mounds and student homelessness is also a very real thing that is to. in place other student related fees that include textbooks transportation and so on so all of this is adding to the numbers of student loan debt that we see increasing since two thousand and three so what would be sort of the average loan that folks would take out how long would it take them to pay it probably quicker than i paid mine but how long would it take what would be like the payments what are some of those data details so the average loan that most that some students take is about. thirty seven thousand dollars is what the cost of twenty sixteen was now that's two years ago so that rates have gone up higher and it takes about ten years to pay off that is what the studies have shown however and your studies are showing that it's actually taken about twenty to twenty five years to actually pay those loans and so when we think about
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when you're twenty five years basically and the thing is like this is a crisis these aren't just people who are going in there for their education these are people who have families these are people who are trying to create businesses trying to purchase autos trying to purchase homes this isn't just a impacting them it's impacting our entire country and we're in a crisis and people really need to wake up and most importantly our decision makers our education is becoming privatized and there is a disinvestment both on the state and the federal level with our government which is another reason why that number has gone up to one point three trillion not million not billion trillion dollars let me ask you we're going to privatization minute but what is more of the monthly costs what they have to pay we talked about thirty seven thousand dollars. as the. basic loan amount so that must be you know three four hundred dollars a month that they're paying what's the average salary because i know the average
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salary nationwide is like fifty seven k. or something for somebody just out of school any idea what the average salary. yeah especially for young adults their average salary is about thirty five thousand dollars so yeah the math doesn't where it doesn't and that doesn't say anything then about they should be saving for retirement as you say it's going to be you know fifteen to twenty five years before they pay off that it could be a big problem ok let's talk about privatization well actually before we get to that when you talk about private schools you also talk about not just the poor year colleges you talk about the two year colleges i think not enough time is spent spent upon those the associate degrees the vocational technical way assistance. or are there student loans available for those but some of that some of those schools are private schools what impact is that having right now we also within those private schools we have for profit schools and a huge portion of the student debt growth has to do with students who are taking out loans for for for for private institutions and the issue with for profit
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institutions is that more than often we are seeing that a lot of these institutions they are extremely expensive however their degrees don't amount to the amount of students are paying for i would dispute a negotiator was a department of education where we had to debate a lot of these issues with for profit representatives and the reality is that i worked with a lot of students who are friends i was in a position where they can't make those student loan payments and unfortunately it's not because they don't want to their credit scores are going to the plummet but there is they're in a position where they're set up to fail and that is an unfortunate realities that our country is in and again education is a right we spoke about this last time education should be simple and this country is making it nearly impossible for a lot of our folks to be able to access that right to make it even worse so you're in that dire circumstance and then you're given a free quote unquote credit card and people run up all these additional debts
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because they don't really have many choices you say it is even increasing number of homeless folks let me ask you to weigh the last question is that what it does pay more if you do get the degree you do get higher wages so you're pretty much stuck you have to do it right right we're in a time where you absolutely need a college degree to get employed i least in employment where you actually will benefit and strive in and the problem is that because of the reality we're in this is also impacting the most marginalized education supposed to be the quotable great equalizer it's supposed to be a part. this american dream but black and brown state and students from low income students are first generation just like myself there are multiple obstacles but we need to be uplifting them and centering them because they're the ones who are facing the entire burden in this country well we want to count on you and others to keep up that fight and thank you are we doing it thank you thank you jocelyn joseph
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garcia of the u.s. students association appreciate you being here thank you. and drug makers have reported their first quarter earnings and their new news related there's new news related to the prices alex mahela that joins us from toronto with more alex hey before we get to drugs there was a terrible tragedy in your town in toronto yesterday were many people were killed and others injured when a van plowed into a crowd of pedestrians on the sidewalk a bring us up to date on that unfortunate circumstance. yes we have the suspect now in question has been named as alec mini's and he's a twenty five year old computer software development student at. seneca college here in toronto he's been charged with ten counts of first degree murder and thirteen counts of attempted murder so obviously a very serious charges and we've all seen the scene it was absolutely devastated
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this happened in north toronto neighborhood lot of condos there and the population there there's a lot of south koreans as well as persians that live in that neighborhood two of the individuals that were killed are actually south korean citizens so you know this is something that has touched the whole city as you can imagine toronto is in shock this is not something we see very often or expect in toronto or this country at all and the way things have worked out i mean the tragedy the way it happened itself the people are pour into the streets there's been vigils as well as the fact that we've heard from our government leaders in and people across the board from just from around the world but as it stands right now the motive behind the crime is unknown and police are trying to get to the bottom of that horrible circumstance and from everybody here and i'm sure from all the boom busters our thoughts and where appropriate prayers are with everybody and your your colleagues and companions up there ok back to drugs now maybe need some drugs after that alex tell
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us about what's been going on so far you know all the big drug makers have not reported their q one yet but how are they doing so far. well we really have to look at last year's numbers to get sort of a taste of what's happening this year if you look at last year that actually the profits rose to about four hundred fifty three billion dollars but there was a one point seven percent drop if you look at it in the sense of how the direction it headed towards the end of the year now there is that the makers of pharma the big pharma companies are playing a blame game with the middlemen and the pharmacies basically saying wow this is where is this money going who's making what and why are these a quarter of these supposed savings that are supposed to be happening getting to the consumers and that all falls into one big snowball that when consumers see they're not getting savings this just adds to what's already happening to the pharma industry and that's a lot of bad press with bad press of course people step back from farm as much as
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they possibly can so people are looking at alternative medicines and we know that there's a big player that came into the market it's happening massively here in canada which is cannabis so when you look at cannabis a lot of people are turning to canada cannabis now instead of what used to be produced by pharma companies be it for an antidepressant be it for pain relief be it for hunger management or to actually increase hunger in people like cancer patients so this is all playing again a part of this game here and of course in the states one big factor has been the opioid crisis which has left a bad taste in a lot of people's mouths in our country and your country absolutely well we're going to have you back to talk more about that about the price of drugs too as we go forward thank you very much artie correspondent alex mahela bitch. and thank you all for watching be sure to catch balls lost on you tube youtube dot com slash boom bust r t we'll see you again.
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with make us manufacture consent to stick to the public well. when the ruling classes project themselves. with the financial merry go round the sun be the one percent. we can all middle of the room sick. in the real news room. you never know what's around the corner you never know what's in the pub you can walk into excitement it's that not knowing that's where the adrenaline rush comes from. and you can easily move by definition and the
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extremes to will for most of. the violence is a part and it's almost a schizophrenia gang culture where you can do all these things and behave like badly. they're going to be full of course colorful it all. goes well so focus on the last one. and this may end in firm. role. in the start. of a broader where no i figure out i really did a poll down now when i get. the meaning in reason is that brief if you don't let me involves this constant involvement. same wrong. but old rules just don't hold. me. to shape out of disdain comes to educate and engage with equals betrayal.
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when so many find themselves worlds apart. just to look for common ground. the two koreas are on the verge of signing a peace treaty a donald trump king jungle and summit is in the works is peace coming to the korean peninsula well it's possible the foreign policy blog in the corporatists media are less enthusiastic after all conflict is very business model. close.
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this hole for. donald trump talks of his beautiful friendship with francis emanuel mccrum their white house meeting but the pair are still struggling to find common ground on a number of crucial issues. and for extremists it's revealed that an alleged bodyguard. has been claiming benefits in germany for over two decades. and russia's defense ministry displays fragments of missiles it says the syrian government intercepted during the recent western strikes on the country u.s. had previously claimed that all of its missiles hit their targets.
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there live worldwide from r.t. in moscow this is your global news update with me calling in the afternoon here on wednesday first for you this hour donald trump has a heap praise on emanuel mccrum at that meeting in the white house the two presidents met to discuss topics ranging from syria to the iran nuclear deal but it's the touchy feely friendship that's all over that line right now. think. mr president the old saying what a great relationship we have and they're actually correct it's not big news finally it's not great news so it's a great honor they don't know that you're here but we do have a very special relationship and try to get that piece of. it little piece we have to make him for he is perfect so it is really it is really great to be with you and your special critic now
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a lot of the basis of recent unity between donald trump and french president mccraw on has been the recent attack on syria france and the united states along with the u.k. cooperated in the recent airstrikes in syria now it seems pretty clear that mccrie on was hoping that this recent attack could kind of lay the basis for continued cooperation between the united states and france kron has been referring to the united states as kind of a gerund turf contemporary multilateralism however when he brought this rhetoric up at the white house donald trump didn't seem quite eager to go along with it in the long run we need to bring peace to make sure that syria does not become an enemy in the region we have spent seven trillion dollars in the middle east and we've got nothing for it nothing less than nothing so far as i'm concerned that difference and striking rebuff from trump is a little bit of a blow democrat on especially when he himself bragged about the possibility that he
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had convinced donald trump to keep u.s. military forces in syria now donald trump says that that's not the case but micron has been insisting that it's him who is responsible for convincing trump to keep a military presence in syria trump later went on to underline the fact that the united states will be leaving syria as soon as they can as. syria's concerned i would love to get out i'd love to bring our incredible warriors back home when it came to the iran deal just an hour before the press conference donald trump and the french president they were both very adamant in their position it was a terrible deal should have never ever been made we could have made a good deal or a reasonable deal if iran's it was a terrible deal we have to take it as a part of the broader picture which is security in the region it's insane it's ridiculous it should have never been made but we will be talking about what we want to do if it contains iranian presence in the region and d.c.
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you it's part of this broader broader picture there not going to be restarting anything they restart it they could have big problems bigger than they've ever had before and you can mark it down but after sitting down with the donald it seems the clown has changed his tune somewhat the people. for a number of months i've been saying that this was not a sufficient do you but it will enable us at least until twenty twenty five to have some control over the nuclear activities we therefore wish to work on a new deal with iran mr president you were saying that it was no plan b. that. it would iran deal with to be preserved no you were talking about a new deal with a boundary why did you change your mind. but basically when i said there was no plan b. i usually refer to the fact there is no plan it be it was about climate change rather than iran. what do you have at the bit there are options i don't see.
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what is the what ifs and i all your plan b. i don't have any plan b. for nuclear against against iran thank you. thank you. thank about you well mccrone did up some symbolism to the meeting by presenting president trump with a treat from a first world war battlefield aside of the two leaders planted in the white house government though give the internet plenty to run with. and so it was a great honor to take part. in these veterans or they call witness trees that that lived through the war see around you have continued to grow.
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it's a message that a man who was once allegedly a sauna bin laden's body guard has been living in germany on welfare for more than twenty he is with the details his party boy. i think few people have forgotten the atrocities that osama bin laden's terrorist group. committed and inspired a monster minded the nine eleven attacks and even though some of the laden was killed in two thousand and eleven he was just the figurehead of the group and some of its members are still out there one of them it turns out has been living in germany for over twenty years now and what's called somewhat of a media storm in germany is that he's been getting welfare payments to boot he's
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been named in the media as a. national and he's believed to have joined al qaeda in afghanistan back in two thousand and illegibly worked as one of osama bin laden's bodyguards because he was already a german resident by that point he dented germany three years prior a need on a student visa when he came back he filed an asylum request that was denied in two thousand and six and a call in germany described him as an acute and considerable danger to public security but a higher court subsequently overrode the deportation order and they cited concerns that this man sami a would be subjected to torture back home in tunisia now sami a was never actually charged with terrorist activities in germany but all sources deem him a security risk and he has to report to a police station on
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a daily basis here and this whole story has been unearthed again because it's caught the attention of the alternative for germany party they're the ones that put in a request with the regional authorities to find out the status of this man and how much money he's getting in benefits payments and it's triggered harsh criticism from both the f.t.c. parties saying that germany's asylum laws are being exploited but also from senior voices within angular merkel's own c.d.u. party. i'm laws being shamelessly exploited here do we have to give a terrorist tax money because we cannot deport him i have no understanding of these cool rulings and now this situation where suspected terrorists used human rights laws to avoid deportation is by no means that new here in the u.k. there have been similar cases immigration judges ruled against a reason may who was home secretary at the time and they found in favor of six men
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. who had been fighting deportation for ten years the home office had said that they had links to al qaida were a national security risk to the u.k. but judges agreed that the men were at risk of torture if they went back home to algeria and last year a government report a home office report here revealed that over forty foreign born terrorists are devoid did deportation from the u.k. off to using specifically human rights law to argue that it would be dangerous to return to their home countries it's precisely because of these types of cases that the reason may now as prime minister has taken a much tougher stance he's threatening to throw out certain human rights laws in order to make it easier to deport suspected terrorists and i think the reason this case with sami a many has caused so much concern is because it's very hard to stomach this idea that somebody who's a suspected terrorist is getting government money. the pursuit of
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beauty has contributed to a humiliating fall from grace for the former leader of spain's madrid region christine resigned earlier on wednesday after a video emerged appearing to show her getting caught stealing two until gauging cream from a supermarket in twenty eleven. so when does have been the region's premier since twenty fifteen when she became mired in scandal last month when it was alleged there were irregularities with her masters degree she claims she's been the victim of a smear campaign but with pressure mounting she says she's stepping down so that her party isn't affected by the fallout. the world's large.

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