and diplomatic support saudi rulers have imposed austerity budgets in recent years as the price of oil has been relatively low allowing the price the bounce back gives the crown prince a little more wealth to share among the population as he tries to restructure the saudi economy. time now for a very brief break when we return r t correspondent alex heil of it will tell us why nestle is the food and candy company is paying billions of dollars to starbucks plus a car coach lauren fix is fact and we discussed tesla's terrible trouble was the car coach has an additional title as of a few hours ago i'll explain as we go to break here the numbers at the closing bell another green arrow put oil today at sixty nine dollars not the eighty dollars that the saudis want will be right back.

ministries police school says and city administrations of many countries depend on one corporation that doesn't like we'll still be on the border just going from going to present. this dome is going to come to the woods as if either of these on into the sea it's a must assume like the proprietary software you don't know the source code isn't that is such a security risk when you have a black box operating to the public eye to microsoft dependency puts governments under a cyber threat and not only that to put the symbol. of these super cell phones in the world to move. through. these two weeks. this is. done the old patients stop and there was a sting of uncles. what is up in these guides of the find.

when lawmakers manufacture come sentenced him to public wealth. when the ruling classes protect themselves. with the financial merry go round the lives and be the one percent told.

to ignore middle of the room signals. the real news from the world. for a world cup twenty eight team coverage we've signed one of the greatest goalkeepers of all time but there was one more question and by the way was going to be our coach. guys i know you are nervous is a huge star among us and the huge amount of pressure to come out you have to go i mean eighty percent of the beach but always will and we will show the great game the great game you are the rock at the back nobody gets past you we need you to get down going let's go. along as a warrior and i'm really happy to join that to dream for the two thousand and three and world cup in. the special one come on so to. me to say to redo

the team so they just addition to make because i need to just say. welcome back we've been covering the story of how regulators have been starting to get a grip on regulating crypto currency is or at least seriously considering the questions raised by the sector is explosive growth but now some big names in silicon valley investing are lining up to stop the u.s. securities and exchange commission the f.c.c. from an acting a regulation that the firms say could hold back the development of a block chain technology that is the superstructure of most crypto currencies

delegations from andresen horwitz union square ventures and the national venture capital association among other stakeholder holders reportedly met with f.c.c. officials at the ses division of corporate finance to argue against a policy proposal to treat cryptocurrency is created by startups as securities that designation as a security would bring extensive oversight to such tokens as i spoke about on the program last week with attorney gary de wall the case law surrounding the definition of what a security is is crystal clear that kryptos are in fact securities under what is called the how we test. nestle the food and candy company is paying starbucks over seven billion dollars why to be able to sell starbucks brand coffee products the often controversial swiss space food giant hopes to boost its global coffee business through the deal while starbucks is also in to supporting a jolt to its business artie's alex my hyla bitch is following the story in toronto

alex thanks for being with what does this mean for nestle's and starbucks. well up for nestle's is a big deals the third biggest transaction in their one hundred fifty two year history so this means big business seven point one five billion dollars worth of investment to buy a part of starbucks is business so this is not like they're taking over starbucks far from it actually what they're doing is that they're getting distribution rights to starbucks proper products and also they will be manufacturing some of the stuff but it's everything from bad coffee to the capsules you know the ones you put in those little machines that's really a part of the business that nestle is looking at so that it's a huge business obviously and what they're doing at the marketing aspect of this is kind of brilliant starbucks has a very very strong name arguably is the biggest name in coffee in the world so nestle is using this to their advantage as well as the twenty eight thousand starbucks stores around the world that those starbucks cafes that we're talking about they're not going to be bought by nestle that's still just starbucks has

nothing to do with it but it's a great marketing vehicle so when you have the bricks and mortar operations all over the world it's a great thing just to have that name out there and of course the products are sold more easily with the advertised in such a great way beyond that you have to look at the fact that is it destiny right now this is a great little graph to show you what nestle is fighting about for the nestle believe it or not is the biggest when it comes to coffee so the biggest player in retail coffee hold about twenty two point seven percent of the market share but their sales have been weak and their specially been struggling in the u.s. and starbucks is a mega power in the u.s. so for nestle this is a big deal moving forward for starbucks seven point one five billion dollars that's huge for them the company is worth forty four billion dollars but on top of that they will be also be getting royalties from nestle once these products go to into nestle's hands or start getting this massive distribution around the world. alex according to kevin johnson the starbucks c.e.o.

he says that going to bring a starbucks experience to millions more around the world with the reputation a reach of nestle's curious what you think of that statement and i'm curious whether or not we're going to have nestle's crunch coffee coming to us in the near future interestingly enough leslie's won't even be showing up at the labels of any of these starbucks products because nestle's know this whole great reputation that they have well you know maybe among business it is but not amongst people or scandal after scandal you remember the ninety's the baby formula palm oil rig attendees dying in indonesia because of nestle water that's the big one the huge the water being basically sold taken from ontario here in canada british columbia from michigan from arizona tons of water being taken for pennies a bottle the plastic the bottles that are in and now these capsules these capsules are biodegradable either so another environmental. disaster put a problem on their hands maybe starbucks will be able to turn them around r.t.

correspondent thank you as always alex. thank you. tousle the automaker has a new policy as of today dealing with contractors c.e.o. iran must said that he has been disappointed to discover how many contractor companies are interwoven throughout tesla contractors was now make a new effort to demonstrate their worth to tesla and have tesla employees a vouch for the contractor mr musk has even gone as far as denying access to the facilities to contractors hundreds of contractors work at tesla's fremont california plant alongside roughly ten thousand tesla workers the new policy walsall impact other facilities of tesla for more on tesla and other auto news we're joined by lauren fix who congratulations are in order because the car coach lauren is the newly elected president of the north american car truck and utility

of the year or ward's association congratulations lauren thank you so much i'm very honored in the sixty jurors all forms of media we have make good choices so that you can make good choices what does it do tell us a little bit about it it's a manual war and i assume it's an annual award held at the detroit auto show or the north american international auto show you choose the best car utility and truck of the year based on a lot of different factors including cost last year's winner was the hind quarter the full acces sixty and the lincoln navigator and they have to be ahead in technology and safety and price and really be good vehicles for consumers so there's no bio remorse and because we're so diverse of all ages and different types of outlets you get a really good choice in the end and you get to drive all these new cars oh yes i drive three cars a week you and then we also go out to drive events all over the globe well that sounds like a good gig congratulations i told mr to hear terms so we look forward to. talking

with you more about it so on to tousle after last week's earnings call reporting that the first quarter earnings or lack there of tesla stock dropped five percent and it came back a little bit on friday but it raises some serious questions and you've been sort of a skeptic of tesla since the time we've been speaking but is wall street beginning to see some of the things the way you've been seeing them lauren well definitely during earnings call last literally just said that their questions were boring when analysts were asking serious questions because investors want to know where is the company going are you now using deposits and calling them income which he wasn't doing that before and that included for people who are purchasing service plans in advance so a lot of this stuff is changing the way he does his accounting which is not the generally accepted accounting principles known as g eight p. or gap so because of that they got questions but when he said they were boring and basically hung up on them in order to get it basically a blogger who was

a big fan of the law and lost that's true a lot of red flags and that really cost him in the stock market they say he lost about a billion dollars in value but you remember eleven it says in the cats in the past that the company is only as good as its leader and he even reference. that area a one two three and fisker in the past they failed because the leader was unable to keep and less happy so i think he may have stuck his foot in his mouth on that one sounds like it they spent it said in the end their q one four hundred million and that doesn't even include the cost of a quick minute which is more than sixty five million dollars plus the company has a debt due of one point three billion dollars so they're going to read the need to raise some more cash right. well he says he's not going to raise cast cash i don't know how he's going to do it i mean they've got bush shutdowns on the production floor they get the u.a.w. literally camped out across the street from the factory they're trying to get people to say they want the union in there if the union goes and has

a cost per car is going to really increase dramatically which means a larger loss and he's already taking any car if it wasn't for his death credits and the carbon credits that he sells to other car manufacturers that are required to meet a certain standard or lot of seven credits he wouldn't have anything but if he fails if for some reason tesla does go bankrupt that will put such a black eye and south credits it could change the whole a way out of what we're buying and cars in general will that impact hybrids will that impact the infrastructure they're trying to build because consumers are only buying these vehicles because they're getting the state and federal tax credits and those go away for whatever reason that could be even a bigger black eye for that portion of the industry and finally you know this year is the fiftieth anniversary of the love bug one nine hundred sixty eight film using that iconic sixty three v.w. beetle named herbie with that number fifty three on the door of the original film was followed by four additional movies including the two thousand and five reboot

with lindsey lowe and my question is you know you've just seen a lot of these beatle fans all around and other folks car enthusiastic your travels right. absolutely there is even people that are total collectors of the twenty one window micro boston were those the oh absolutely they were big in the sixty's yeah i mean i'm a mustang fan i knew my daughter shelby we collect old ford mustangs i have friends that are corvette crazy porsche friends no matter what the brain does even the pontiac aztek you'd be surprised there are people that like that car but you know i think that's the whole thing it's a passion a story that we all have for cars that we remember when we were in high school and also the cars we lust after and car enthusiasts are everywhere i did a long drive this past week and lauren i got to me and there are miata fans called out there too and i had people going by and giving me i guess there's a miata sign i don't i don't know what people were waving in sort of a weird way to me so i just waved right back and smiled anyway we're so pleased

they are with us lauren not just the car coach lauren fix but now the president the newly elected hours ago president the north american car utility truck of the year awards lauren thank you for your time thank you bart. and before we go and speaking of beatles the fifth beatle spelled differently the late sir george martin is in the news according to a stew but the recording studio rather of the late recording producer is being put up for sale sir george was given the informal fifth beatle title by many including sir paul mccartney due to the producer's important influence on the beatles the studio has been use recently for movies such as dunkirk phantom thread and interstellar the studio is still used by mr mccartney and bands such as muse and coldplay they are sale which will be conducted by bridge capital will include the more than four million dollars worth of recording equipment and expected to drop many wealthy potential purchases for the already profitable studio and that's all

for now thanks for watching be sure to catch boom bust on you tube you tube dot com slash boom bust r.t. will catch a next time. he

can't. hiren's was pulled the car tires. on standing in disdain said standing stock poor. because of a viral political gulp walked off but the bulk of the review on the wall street other ballpark show for starters clear off the top it all started with us out of you're going to simply go get out of the alcohol sleep but.

the story at all mean are we all cautious right from work crews all the no no they go for opening for our golf on you so. let's slow. course plus we'll turn our back rows don't look a lot darker. it's ok when she sees her diet you can fall in the routine. for you can become a scene. in time for venting. about your sudden passing i've only just learnt you worry yourself in taking your last wrong turn. up to you as we all knew it would i tell you i'm sorry to cut 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 day. but then my feeling started to change you talked about war like it was again still some more fun to feel those that didn't like to question our arc and i secretly promised to never be like it said one does not leave a funeral in the same as one enters the mind it's consumed with death this one quite different to speak to now because there were no other takers. claimed that mainstream.

u.s. president says he will announce his decision on the iran nuclear deal. to washington to say nuclear agreement. controversial pick for cia chief is preparing to be grilled by the senate. implicated in the agency's notorious torture program. museum say they're being targeted by polish nationalists who demanded polls be allowed to. concentration.

it is tuesday april the eighth just off the nine o'clock in the morning we have your top headlines for this. show that he is donald trump has left the world waiting on his word in expectation it's off to he fired off a tweet saying he would decide on the fate of the iran nuclear deal on choose day in about ten hours from now the u.s. president's threat to scrap the deal has set alarm bells ringing in europe a british foreign secretary boris johnson paid a last minute visit to washington in a bid to sway trump's thinking on the matter johnson met with newly appointed secretary of state. and appeared on a favorite t.v. show. the president has been right to call attention to it but you couldn't do that without just throwing the baby out with the ba'ath water without scrapping the

whole thing because if you do that you have to answer the question what next foreign secretaries first stop in d.c. was fox and friends why well johnson wasn't able to speak to the president so he decided to deliver his message via trump's favorite t.v. show he's not the first european official that's tried to warn the us against leaving the deal the german and french foreign ministers have stated that there's no justifiable reason to pull out of the deal and before that president mccrone and chancellor merkel even visited washington d.c. to discuss the matter but they were unable to convince trump otherwise we could open a pandora's box that could be a war i don't think that donald trump wants war well the u.s. is divided along partisan lines and it's mostly democrats who want to uphold what's widely regarded as obama's only foreign policy achievement according to many pundits on t.v. here but believe it or not the republican chair of the house armed services committee advised against leaving the deal check out what he had to say i'm not necessarily opposed to sticking with this deal forever but you need to have

a clear idea about next steps if we or going to pull out so it looks like there's both a domestic and international effort to convince trump against killing the deal we'll just have to wait and see what happens meanwhile has the foremost secretary of state john kerry foreshadowed diplomacy the ex diplomat reportedly met with iran's foreign minister at the u.n. where the two allegedly discussed ways of preserving the pock time i dealt with the obama administration the iran nuclear deal was reached back in twenty fifteen between tehran and five permanent un members plus germany the negotiations had taken over nine years under the agreement iran is obliged to limit its uranium enrichment in return for the lifting of sanctions and it trumps threats to scrap the deal iran's. president hinted that his country may continue to comply with the terms in any case we discuss the issue with a political analyst shabbier has a nominee who thinks trump's brinksmanship could end in war brown says try germany

has tried. no one seems to get through to trump except netanyahu the war hawks in the white house this is bolton in pompei oh and this is i think one of the biggest problems of our day now they will be pushing harder and harder and harder to get a war with iran with the deal dead there's going to be a lot more war mongering you'll have accusations w m d's like we had in two thousand and two two thousand and three in the run up to iraq iraq is pretty much decimated libya is being decimated yemen is being decimated. president drum's pick for cia director gina hospital is gearing up for a senate grilling candidacy is controversial and she was implicated in the scandal surrounding the agency's so-called enhanced interrogation techniques artie's but i guess the. trump's really pushing gina haskell is the perfect candidate strong really strong smart tough and with

thirty years of juji behind her so why all the hate one highly respected nominee for cia director gina her support has come under fire because she was too tough on terrorists think of that in these very dangerous times we have the most qualified person a woman who democrats want out because she is too tough on terror when jeana tough and terrorists meaning she ran a secret cia detention center where she those under her reportedly tortured prisoners by the way the videotapes which allegedly documented some of the most horrific tortures were destroyed by the cia tough woman all right with years of experience in the moral torture and any other reasons to vouch for her there's no one more qualified to be the first woman to lead the cia than thirty plus years

cia veteran dina has spoke any democrat who claims to support women's empowerment and our national security but opposes her nomination is a total hypocrite. interesting how someone's gender is now a factor when selecting a new cia head great argument as well that's like telling all black people all white people to only vote for the candidate of their skin color and people aren't buying that argument torture sarah to choose the reasons why she's not qualified if you ridiculous trump loving idiots feminism is about ensuring that women have the same rights and opportunities as man it also means holding women as accountable as man i oppose any torture of male or female for cia director that's like saying if you claim to be a group monkey but refuse to eat one of jack the ripper his prime cuts of meats you're a hypocrite women's empowerment is about getting their rights women nominated for

the job not just one with seniority now jeana who apparently had no problem torturing tied up suspects is allegedly squeamish about the confirmation hearing all those tough questions and in public might prove too much but trump has her back don't tell me it doesn't work do what your works ok folks you know have these go torture doesn't work believe me it works ok trump was applauded for that and many are of course against haskell and for their troubles their targeted with this president trump is nominated hostile to lead the cia but rand paul is opposing her confirmation falsely accusing her of torturing good luck trying to accuse a big ass paul did exactly what a country asked of her and what was necessary to keep us safe call round with mine to washington to represent us. fortunately those resisting on capitol hill

alone one hundred nine retired generals and admirals have urged the u.s. senate to reconsider given her ties to you know torture. during human beings as a retired general and flag officers of the united states military we are deeply troubled by the prospect of someone who appears to have been intimately involved in torture being elevated to one of the most important positions of leadership in the intelligence community with this much opposition to jena haskell's nomination the job is still far off but make no mistake if the former torture a gets the job despite everything many many people will cheer and applaud the. workers at the memorial site of the former nazi death camp auschwitz say they've become the target of a hate campaign waged by polish nationalists they've also denounced an increase in anti-semitic incidents during a war since a controversial holocaust speech law was passed in the country earlier this year

most recently at the home of an italian guide at the constant concentration camp was vandalized with swastikas on xenophobic slogans including poland for the poles and only polish guides at auschwitz polish nationalists have accused officials at the memorial site of downplaying the death of non jewish polish prisoners in the camp by focusing on its jewish victims. what we hear is that people who died here mostly were jews that's a lie let me speak and so it is the government of israel and jews polish jews especially our attacking us they make us look bad. it's museum officials also say they've been victims of a wave of online harassment and fake news reportedly incited by nationalists they've also denied claims the museum's activities have not been representative enough of polish jews poland's new holocaust speech law bans claims the country

collaborated with nazi germany during world war two specifically the legislation prohibits references to wartime nazi death camps in the country as being polish those in violation of the law or face up to three years behind bars and since being passed in february the law has met with a backlash in particular from israel and the united states why the polish government has seen fit to come up with this legislation for beating people to have an opinion about the guilt of the polish nation it is bad for governments to try and regulate culture and history and literature. why no one can understand what why they would like to have some control over the narrative but it is all in all that bad practice the history of

no matter whether they are polish or foreign should be the guide.