has been to meet locals who say they are frustrated and how little has changed. it's almost been a year since the devastating blaze and what's left of the grenfell tower could be seen here behind the scaffolding it's a harrowing reminder of a tragedy that has left many questions unanswered. there are over a hundred tower blocks in london alone similar to grand felt and people living here want their government to make sure that it is also like that does not happen again it's like a year now and we're still living in the same situation when we found out altered it was a city to lose when. it just costs us praise and just thinking this is cheap material why would you risk the lives of so many people and see those photos of the street. so we know that it's obviously not safe before we could help in the garden at the

moment signs of the come on the program the homes were so what can the residents of tower blocks like these do in an emergency they advised used was to stay put but now according to the london fire brigade is being changed to similar evacuation because of the farmable clopping however the government is yet to ban it to raise them a promise to spend four hundred million pounds to replace unsafe cladding on high rise public housing blocks just sixteen other tower blocks have had their alum in the imploding material replaced with non combustible materials so are the authorities doing enough awful lot of government haven't done enough. to suit the needs of those of us which by going through in terms of the for that experience when family i don't think they're doing enough for them not nearly enough no i think the issue with the clothing they should have resolved upon are actually enough so as i can see i mean to go against that one keeps it sort of coming over

and sleepy nothings. i think what struck me as i've spoken to a number of residents who live here at the estate in camden is the fear in their eyes at the thought that they too could have lost their lives and now they're off to a clarification from the government as to what's going to happen next to resolve those problems and action to be taken. the u.k.'s housing minister says the government is listening to people's concerns and will discuss banning the use of flammable materials in cladding. the facebook boss has again found himself hauled before lawmakers to apologize for the exploitation of eighty seven million users data this time it was european m.p.'s questioning him about the social networks protection standards and its handling of the situation when it was alleged cambridge and

a little guy had exploited accounts for years to influence users opinions zuckerberg said facebook is taking steps to prevent similar incidents in the future but some lawmakers were still left on happy perhaps that's because some of them spent twice as much of their time asking their questions than zuckerberg spent answering them. to try to use the remainder of our time who decides what is acceptable why is there no transparency in this process at all which specific measures that will be taken by facebook to ensure that just scandal like the one you're. not to cuba again whether the question of protection of privacy and the rules and free speech that you were asked in congress is actually the tip of the iceberg. or is there a bigger iceberg when i see it there was one question raised by a gift for who said and which is that's leading to my question asked you six yes

and no questions like you're not a single answer. ok i'll make sure we follow up and get your answers to those what emerged in march that fifty million facebook profiles may have been breached by a british political data company that was soon revised up to eighty seven million a public backlash saw the facebook boss take out full page newspaper ads in britain and america to say sorry but that didn't stop the delete facebook hash tag from trending nor did it save the company from being investigated by regulators here is what political activist and social campaigner george barda made of the hearing and the wider facebook data scamp. i think there's a sort of pattern that comes out from these these congressional hearings only you parliament hearings they're quite stage a lot of the time is taken up with questions and you know mark zuckerberg is quite practiced trying to seem contrite and actually kind of avoiding

a lot of detail when whenever any really key questions are asked in terms of the detail his response tends to be not really sure i'll get back to you on it and so i think largely these are sort of pieces of political theater to some extent that from facebook's point of view are to be managed to avoid really having to do that much to change it seems. the question is how do we bring these and real public scrutiny in terms of facebook having to account for the way they treat information the way they prioritize some things over others etc and i think these things need to become hugely more transparent and i think we're just at the beginning of working out how to how to get the right balance between holding these companies to account and allowing you know governments to interfere with them essentially and not on the other hand allowing governments too much power in the name of controlling facebook. the transparency that we

require going forward absolutely has to include the algorithms because ultimately this is the central question what is being shown to who and for what reason and most importantly given so much information will power over the decades and centuries in fact has been about making sure that things are left out of the story and the crucial thing is that there is you know initially transparency and then some sort of accountability in terms of the kind of algorithms that facebook is allowed to use. washington is embroiled in first controversy as president trump orders an investigation into the f.b.i. surveillance of his thousand and sixteen election campaign we'll bring you up to speed. after the break through. the dropping bombs brings peace to the chicken hawks forcing you to fight the battle for. the new socks for the tell you that will be gossip the tabloids were.

telling you are not cool enough to buy their product. all the hawks we along the border with what. we are now experiencing the end of a thirty year bull market in bonds which means are entering a period of rising interest rates and so the urgency to get deals done before the any cost is applied toward financing whatsoever needs to happen quickly so i predict in the next twenty four months you're going to see the biggest wave of mergers and acquisitions ever in history by a factor of ten just thirty or forty percent of everything that's traded out there gets gobbled up and taken private.

has ordered an investigation into his own investigators and independent inspector general will now look into whether the f.b.i. is two thousand and sixteen probe into alleged russia collusion was illegal and his arteries kaleb comments it's starting to become difficult to find someone that hasn't been caught up in the wave of suspicion. the u.s. department of justice is currently expanding its investigation into whether or not its investigation of donald trump is legal are you confuse don't worry so are lots of americans but this is just a slice of the pie political leaders on both sides of the aisle are being investigated for criminal offenses with their opponents calling for them to be locked up make america great again. that's our president and the media is fantasizing about seeing him in handcuffs or

if he fires any secret service agent who would allow the federal marshals and what i've done from simply decides i don't have to follow the law i refuse to be held under the law no marshal can get into this white house and any secret service agent that defies me is fired well at some point he's going to have to come out of the white house trump's old nemesis isn't in the clear either i think that there is a lot to investigate. she may not be in the headlines very much after her electoral defeat however we did find out last week that she's still under investigation much to the delight of donald trump who once promised to put her behind bars it's just awfully good that someone with the temperament of donald trump is not in charge of the law in our country because you'd be in jail secretary clinton.

and then there's obama's topps by john brennan the former cia director he was concerned about because of known russian effort. trying called him a disk. race to the american intelligence community and one former u.s. attorney thinks he ought to be assembling a legal team n.b.c. news's consultant the former director of the central intelligence agency the most part is in fact leader of the cia in history needs a very very good lawyer criminal lawyer yes criminal oh yes and then there's devon newness now he's been digging up dirt on the intelligence community but now he's got some of his own we are going to get the documents.

members of congress want him to be looked into basically what he has done is he is scuttled and put a cloud over his own investigation and he has become the subject basically he should be going let's forget it it's a real problem investigations are flying like bullets in a western shoot out high profile politicians are being accused of breaking u.s. laws and could face legal proceedings this is leads fighting one another and this kind of legal war and that has nothing to do really what the american people and it's a great distraction actually from the issues that are important to the american people but it's consuming the white house now consuming the f.b.i. it's consumed the democratic party there's enormous tension between both sides if things are pretty ugly right now pretty ugly between the sides and i think it's going to get worse i really do is this just politics work at some of these charges actually stick up an artsy new york.

palestinian foreign minister is calling for the international criminal court to launch an immediate investigation into recent violence on the gaza border last monday the israeli military shot and killed scores of unarmed anti occupation protesters in the besieged enclave came as the u.s. completed the controversial. relocation of its embassy to jerusalem the un is also set to start its own probe into whether israel committed war crimes the was the cause but not only was the article that was there. was no way on its of the question. was was. was. was there

was the last week the un's human rights council passed a resolution condemning israel's actions as wholly disproportionate saying that they amounted to indiscriminate use of force britain was among fourteen countries which abstained there are also reports that british diplomats planned to visit the new u.s. embassy in jerusalem despite earlier condemning the move the position of your kingdom is we don't agree with the decision of the us to to move their embassy we continue to think that that's playing the role call it the wrong time but we remain absolutely committed to a two state solution earlier my colleague spoke to a former british ambassador peter ford he accused britain of hypocrisy in its foreign policy. the british government are being very feeble with this they made what seemed we could go to be

a principled position by boycotting the ceremony to mark the opening what's described as the american embassy in jerusalem but then days after it appears to be business as usual many people say oh this is hypocrisy let's imagine what the situation would be if russia for example recognized east jerusalem as the capital of palestine and set out or made it take this being consul general in east jerusalem an embassy with the british position of being to continue doing business with it no way they would be horrified exclamations legal arguments would have been found to justify the position of having nothing to do with this russian embassy double standards. staff at germany's refugee agency is being accused of illegally granting asylum to

hundreds of migrants in some cases after taking cash bribes the agency called bam has now told r t that it's expanding an internal investigation into the claims the scandal initially broke out in april with media reports of widespread bribery at the agency's office in bremen the federal migration agency now plans to review a further eight thousand five hundred approvals in nearly a dozen branches that's on top of some eighteen thousand cases in bremen it's thought around twelve hundred asylum claims were approved illegally between two thousand and thirteen and two thousand and sixteen one former official and five other employees are already being investigated. when i first wish to leave the applications don't meet the necessary criteria who will consider whether these decisions to grant asylum should be cancelled or will be also considering sanctions against certain employees of the federal office for migration and refugees. because

it's about was the head of germany's vibration and refugee agency who is also under investigation over whether she knew anything about any problems its troubles like these which have seen public confidence in the agency plummet very the percent of german saying that their trust has run out and it is sparked outrage among some of the country's left wing politicians it is questionable whether the events in bremen were really the exception trust in the federal office for migration and refugees is shaken we won the office for migration and refugees to be able to waken accordance with the law starting now and not just a few years from now germany's migration agency points out that just because there's an ongoing investigation it doesn't necessarily mean that anyone doing it has taken place geo political consultant arena roth's first told us of the problem has long been known but no action had been taken until recently. asylum seekers have sat that they have paid one thousand euros to their lawyer and then they did

not even have to show up in the man and it's obvious that claimant has taken asylum decisions far too hastily without making also security background checks this might only be the tip of the iceberg and many more similar cases may have occurred in other. dependencies the bomb itself is not the real problem what is the real scandal is that the detection of the problems has occurred already in twenty fourteen and nothing has been done by bombs by the form our minister of interior. all right that does it for me i will be back in about thirty two and a half minutes in the fall of two news stay with us this is our country.

was. the. was ok. and that was. the out it was was. and. who. was.

we've all gotten used to it the media hates trump and the president returns the favor in kind how is this mutually charged take this change media and journalism does some corporate liberal media report the news anymore and is a journal a profession in the service of partisanship. this is boom bust broadcasting around the world from washington d.c. i'm part thank you for joining us coming up today on the program we talk about the

china and us crazy war with author and international investors jim rogers and alex mann hile of it looks at the enormous amounts of energy use for mining crypto currencies plus the president of the us cuba trade and economic council john cavil helps us take a look at the new leadership in cuba and how the cuban economy is doing all that debt ahead but first let's get a few thoughts. to supreme is the supreme court of the united states has ruled that arbitration clauses can be used to prevent workers from taking collective legal action against their employers the five to four ruling written by chief judge by justice neil gorsuch president trumps nominee to the high court effectively overhauls the terms of employment for roughly twenty five million workers in the us preventing them from bringing class action suits a critical tool for individuals harmed by general patterns of employer abuse and the absence of class action as

a remedy any of the twenty five million workers seeking to sue their employers would now have to file a separate legal case on their own and assume the cost and risk as individuals justice ginsburg read her dissent from the bench on a rare in a rare strong disagreement the result of the new precedent she wrote will be a hue. under enforcement of federal state statutes designed to advance the being of wellbeing of vulnerable workers in other business related arbitration news over is facing their first sexual harassment discrimination lawsuit after rescinding their policy requiring binding arbitration for individual cases which they announced and we reported here last week to be clear still requires that all class action suits be yours all through arbitration the former uber software engineer has claimed that she was sexually harassed paid less and suffered retaliation when she expressed her concerns about corporate culture and related news nine members of congress wrote to oberon monday demanding more information on how to handle sexual assaults that

occur in their employees vehicles. and more positive gender and business news the new york stock exchange is welcoming their first woman president stacy cunningham the appointment was a promotion for ms cunningham from her previous role as and why ses chief operating officer is coming hands assumption of the n.y.s.e. presidency also makes it the second major exchange with a woman as president after nasdaq where friedman took over in january of last year miss conning hamm is credited with merging n.y.s.e. is former five trading platforms into one universal system outgoing president tom farley who i know i've respected for years took the reins of n.y.s.e. after the intercontinental exchange purchased the trading platform in twenty twelve mr farley will be moving on to become head of far point a private investment firm and we wish him well.

hear discussed u.s. china relations and a foreign trade war could it be avoided is the author an international investor jim rogers jim welcome and thank you let's cut to the chase here president trump has been shouting about major tariffs on china and china says they're going to institute their own tariffs in response but is that a real possibility or are we just seeing major trading powers blowing a lot of hair hot air what you're to what your take at the moment it's there but and they say they're going to avoid it but bart what's going to happen is later this year or next year when things start getting bad in the world economy and the u.s. economy mr trump is going to have a start a trade war he's got trade war in his blood he's been talking about it for years and the people around him think trade war is good but it will come later one of the major turning points in this whole story occurred yesterday after secretary stephen

the new chin announced that the u.s. was going to suspend china terrace pending the negotiations with china is this good or bad thing at this point given the trump administration's abit of saying one thing and doing the other for example the president was pretty harsh with regard to eat follow his announcement last week that they were going to work on actually lifting. sanctions and as opposed to what the commerce department wanted to do what do you think. well it's always good when you don't have a trade or even if it's just delayed yes this is better than what was going on before but also what has happened bart is this to try to suddenly realize oh my gosh that child is by a lot of our agricultural products he won the election because of agricultural states and if he makes the agriculture of voters unhappy he's not going to win anything and that chinese have an ace that they buy

a lot of american agricultural products that's particularly true with with soybeans that's our largest export and china is our our major a customer there you're we're absolutely right jim the financial times reported that chinese had cultivated mr minutiae as sort of their go to person and the meetings that they had yesterday they asked him to stay back secretary minu shit and then ask robert light hisor the. sidelining him the trade negotiator and actually it led to what's reported we don't know this but reported to be an argument after the meeting between light hisor and mr minutiae with some profanities and a lot of this may just be inside baseball and much ado about nothing but some are asking whether or not this was potentially even bought out by the chinese jim you know let's get in with this guy and then maybe they'll be a conflict or are people just thinking on it too much i hope i mean maybe the

chinese are that smart i certainly don't know but we do know that live houser lad has a very very strong on trade wars he thinks they're good he thinks he can win he doesn't know history and even if he knows that no trade war has ever been good he thinks he's smarter than history. by the find out yeah history is an important thing you what you want you don't want to only use your rearview mirror as marshall mcluhan said but you you need to look at it for sure last week jim there was a star story we covered it but only peripherally and it was about a chinese state owned construction firm pull. five hundred million dollars into trump hotel and golf course and indonesia and when we covered that we just sort of gave the facts just like the old dragnet series right just the facts ma'am but i'm wondering if you think there's any more to it than just that is that the chinese potentially trying to create some favor with the president well i have no idea if that happened you should watch our t.v. t.v.

to find out what's going on but if they put five hundred million dollars into a truck project obviously they're trying to trying to make friends somewhere yeah they said it was part of this you know belton road initiative jim and let's move to that a little bit do you think the chinese might be worried about these tariffs cutting into their long term plans for the belton road initiative you know they are making all these great moves with with sort of in a vacuum of the u.s. right with the south america with the europe trying to to some extent i guess you could say co-opt them a cynic would say co-opt them into being part of this one belt road initiative but do you think they have that in their mind in dealing with the trade war. well we should all be worried about trade wars trade was have never ever been good for anybody even that people are not in the trade or have suffered because trade wars have negative ramifications all over the world we should all not just the chinese

not just we should all be worried about trade war all of us except mr trump and a satellite houser and a few other people but trade wars are not good for anybody and they never have that jim. market afficionado watch this all the time international investor and and we do see the markets moving mightily based upon you know every day until with regard to trade wars and positive signs coming in the last twenty four hours markets went up but additionally whatever month that have two months ago when president trump announced this markets took a tumble our global markets not just u.s. markets jim but our global markets strong enough to withstand a frontal trade war if it ends up turning to that. no hope i would pete no one is ever want to trade war trade wars have never been good for anybody never ever in the history of the world so know of markets many markets barter near all time highs america europe many markets are near all time highs and so they're

vulnerable if we have a trade war and the other kind of problem so of course if we have a trade war you should be worried you should be very worried you should learn to protect yourself well that's exactly why we had you on to to give that warning it to enlighten our boom busting viewers we thank you so much jim rogers the author and international financial investor thank you so much for your time jim chair of art and. and time now for a quick break but hang here because when we return there is an enormous amount of energy being used for crypto currency mining and alex hyla which takes a look with us plus there is new leadership in cuba how's that working out and how is the economy doing john cavil it's the president of the u.s. cuba trade and economic council joins us with the latest as we go to break here the numbers the closing bell bitcoin is down and soar stocks oil as the only green arrow on the board today will be right.

with the let me just manufacture consent to stick to the public will. when the really close is protect themselves. with the flames larry go around the sun be the one percent. we can all middle of the room sick. of the real news is. we are now experiencing the end of a thirty year bull market in bonds which means are entering a period of rising interest rates.