profit margins are growing every single year in according to the wall street journal since two thousand and seven the profit margins have gone up by seventy seven percent and the mid one nine hundred ninety s. there were seven major players in the tobacco market today there are just two altria and reynolds american both companies are making large profits sensitives six show americans are spending more on tobacco products than on beer and soda combined although the defacto industry isn't taking a big financial hit now it could in the future as fewer americans are smoking tobacco and are transitioning to vaporing they ping is the act of inhaling and exhaling a vapor produced by an easy cigarette or similar device the particles within the vapor contain varying amounts of toxic chemicals which studies show are linked to cancer respiratory and heart disease balls both altria and reynolds american have a stake in vaporing as experts say the tobacco industry will see a decline in the coming years. now according to the centers for disease control and

prevention more than nine million adults bathe regularly here in the u.s. that's about one in ten americans most people say they are motivated to use e. cigarettes because they can smoke indoors and they happen to be cheaper than other tobacco products however the majority of those who regularly also use a regular tobacco products they're for keeping the back of industry alive now the c.d.c. and the food and drug administration also found of a ping as popular among middle and high school students the reasons for doing it peer pressure the availability of flavors and the misguided idea that cigarettes are less harmful than other forms of tobacco which experts argue is not all true and beeping shouldn't be looked at as a healthier alternative that now according to a business insider the global east cigarette and vaporizer market is slated to grow by twenty percent over the next decade due to its popularity the industry could

reach sixty one point four billion dollars by the year twenty twenty five globally now bart it'll be interesting to see what happens to the beijing industry in the coming years as there is an ongoing debate within the health circles questioning the role east cigarette should play in our society thank you actually push it. time now for a quick break but hang here when we return we'll be joined by former national transportation safety board director jamie fill to help us learn the latest on that ill fated southwest airlines flight which killed one person plus there for two failed efforts the third time davies was charmed for t.v. mobile and cleared to have agreed to join forces with instruct cross officials allow the version to go forward archie's telling them i would be joining the discussion as we go to break here are the proverbial numbers of opposing bill oil with the only green arrow on the board today second the fore.

i'm trying to write. about your sudden passing i've only just learnt you worry yourself in taking your last bang turn. you're out caught up to us we all knew it would i tell you i'm sorry but only i could so i write these last words in 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 feelings started to change you talked about war like it was a cave still some more fun to feel those that didn't like to question our ark and i secretly promised to never be like it said one does not leave

a funeral the same as one enters the mind gets consumed with death this one quite different i speak to you now because there were no other takers. to claim that mainstream media has met its maker. what holds a hinge to such. i put themselves on a lot. to get accepted or rejected. so when you want to be present. for some want to. but you'd like to be first to see what before three of the more people get. interested always in the waters of. the ship. the new global economic war is unfolding in the realm of education the right to education as being supplanted by the right to access education loans higher

education is becoming just another product that can be bought and sold under snot just about education anymore it's also about running a business where were you good models a version you could not could this also. mean that they could mimic that we want is the place of students in this business model out of work college towns more now and running streaming more higher education the new global economic war.

in the heart of the swiss alps there's a place probably more secretive than the pentagon more mysterious than the cia and

better guarded than for knox ellis was customs are here permanently all the site is controlled by them and they impose the opening times the opposite it is from his office the procedures in place of the strictest in all europe masterpieces by artists like pecan so and modigliani a camped boards and sold inside this warehouse that's where the report comes in that it covers up deals which are naturally discreet commercially discreet felt but also discreet because they concerned rod for some of those paintings are linked to dark secrets nobody knows how many of these secrets a kept inside the geneva freeport sister you'll never obtain an inventory of all the works in the freeport who knows how many there are three hundred three thousand three hundred thousand is it a matter of confidentiality only is it the world's black box of the art business.

welcome back the world's largest oil company saudi aramco as announced the names of five new members of their board of directors and the list includes the first woman to ever sit on aramco as board the move comes in the wake of saudi crown prince mohammed bin solomon m.b.'s his recent tour of the united states and ahead of a planned initial public offering an i.p.o. of five percent of iran coast stuck to be held late this year or early twenty nineteen the appointment of a female board member also helps aramco to distance itself from the kingdom's record on women's rights over the weekend saudi authorities expressed official outrage after a wrestling event and jet of the town of jetta briefly broadcast images over saudi airwaves of women whose clothing did not conform with the official dress codes can imagine what they say about w w e's trish stratus the crown prince has been eager

to improve the image of the feudal monarchy ahead of the i.p.o. and his expected ascent to the throne the kingdom is also currently waging war including a blockade on food and medicine against its neighbor yemen earlier this month the united nations secretary general antonio the terrorist said yemen is the single worst humanitarian crisis in the world. london's financial times is reporting that the deputy chief executive the french bank society general greed to quit and exchange for a softening of a penalty of demands from the us department of justice soc gen is accused of attempting to rig the key london interbank offered rate otherwise known as libel or the rate at which banks lend to other banks overnight because the rate is so central to banking operations even a modest pressure on that rate could result in wide gains for an investor who have knows what such fluctuations in advance so former deputy dick direct. executive i'm

sorry former deputy chief executive didier ballet of soc gen in march left after the justice department prosecutors said that if bell lay and other executives that d.o.j. suspected of involvement in the alleged manipulation did not resign they would demand that the soc gen plead guilty agree to outside oversight and pay a higher fine if you might wonder if my old agency the c f t c is also involved in the investigation the answer is a big yes i was involved we were there we actually started those live born vest again which impacted so many investors. and southwest airlines is being sued by a passenger on that ill fated flight on april seventeenth which took the life of another passenger jennifer real good the jets engine blew apart damaging a window and causing ms reardon to be partially pulled out of the plane the lawsuit filed on behalf of passenger lilya schabas who was in a seat three rows behind ms reardon contends that ms job it continues to suffer severe personal injuries including p.t.s.d.

post-traumatic stress disorder which includes anxiety emotional distress and depression she also received personal injuries to her body from the incident and here to bring us up to date now the speed on what's going on surrounding the matter is former director of the national transportation safety board jamie finch jamie thank you for coming back we sure appreciate this let's start with the case that was just filed i got to imagine this is a difficult thing when you were director of n.t.s.b. play a part of what you did was try to comfort these families etc and it's right after something is happened and i imagine that you know there is this thought out there about pending lawsuits maybe not against the government but against the carrier in this case potentially against the engine manufacturers how do you deal with that delicate circumstance jamie that's an excellent question that's one that came up in for many years in the aviation industry and in one thousand nine hundred six after t.w.a. eight hundred crashed off of the long island congress passed the the family assistance

act which it was the first time when the n.t.s.b. was given the authority to deal with the families on a official basis and officially n.t.s.b. was already addressing the family's needs we had seen the family's needs but this is an issue that. it is a prime example of how when the attorneys start getting circling the wagons if you will and that's what the attitude was prior to the one thousand nine hundred act and so once we had that. authority and we saw that we could work with the families assisting them properly you're never going to eliminate lawsuits but you can temper down the anger and he's got to be careful you don't say something like yeah that airline stinks or that benj it was faulty and then all the sudden you're involved in a lawsuit as a government official right right that's exactly right that's one of the reasons why the n.t.s.b. is very slow and methodical with the information they come out if they find

something that's an emergency that needs to be addressed immediately before the because these investigations take about a year and so if there is something that they need to address immediately they will but otherwise they need to be very careful in the thought of and make sure and certain that everything that they release and say is factual and factually based so you say that they usually take about a year and now this was a one of those huge things but we're only two weeks into it what do we know so far about the investigation so far right now it's very limited information that's coming out of the n.t.s.b. and that's rightly so the information that they're they don't want to release releasing any false information or misleading information the n.t.s.b. is main stock in trade is their reputation so to be able to maintain their reputation they're very careful with that and they protect it with all at all costs the we do know this they are looking at the blades they're looking at the maintenance records they're looking at the thread weights on the jet engine and

it's a particular engine and it is it just on the sangean is it just on these seven thirty seven three hundred twelve a well actually it's a seven thirty seven seven hundred seven and yes it's the this particular engine was the c f e m fifty six seven b. and the makes that that is. it's international which is a joint venture between general electric and saffron as a little cranky engine in part at least in g.e.'s is that it's a joint venture between those two and. so there's there's thousands of these out there tom how much of a southwest flight for example has these planes with these engines any idea well it's going to it's somewhere in the it could be somewhere in the four to five hundred range of what seven hundred. of their fleet is about eight hundred ok theoretically and i don't want to jump to any conclusions as i say you got to be deliberate and i know that from my time in government but if they said these

engines are a problem i mean it could theoretically just theoretically try to put southwest out of business if they said you can't fly these planes they're not going to you know telling them which is a yes you're absolutely right i mean because this this this type of aircraft this seven hundred series is the bulk of the largest bulk of the the southwest fleet ok so we anticipate jamie that there will be some news about increased in school they've already started some of those how spec sions yes but with regard to these in the in the next with other carriers perhaps absolutely there are sixty right the very beginning sixty air carriers airlines were already starting to utilize in russia to do these tests on this but but seven thirty seven that this type of engine there are there are three hundred airlines that fly c.f.m. engines and we're talking about ten thousand or so.