as it's own commodity and be able to start using that so i don't believe it has you know it doesn't discriminate against any size of an organization part let me ask you and i'm going to use the word hypothetical so i'm not asking you about any your clients or anything but what sorts of benefits monetary you know bottom line benefits might be a large or any financial institution be able to game you what sorts of things would like a pinto systems or one of your competitors be able to do to increase the bottom line . well you know what i what i think that is we spend a lot of time looking for all the bad actors the frog you know all those types of things but i think if we start looking at some of the good actors patterns in people spending if they start spending more you know if bank accounts go up if things change so all of the you know all the stuff that we've done borrowed around things is bad actors you we can derive a lot of really good information about good actors and in that case it's not about

risk reduction and cost takeout it becomes rendered revenue generation how about if you're buying your friendly bank down the street what if you're able to basically instead of having to get people to look for all those things in them in a process what if we start using the data and merging that data together and using that in them in a way so i think the shift that we're going to see in the coming airs is figuring out how we use the data from not just that cost takeout but how are we going to benefit socially from a business perspective and from profitability and revenues oh you're sitting on my song there socially on the responsibly we've only got fifteen seconds left of the house of representatives passed not a repeal but a back peddling of the dodd frank wall to wall street for consumer protection act should banks and others in the financial sector change their policy with regard to big data. i think this is a great opportunity to basically move this forward with a lot less risk because now they can basically you know it's about structured

products it's about the things that were too hard to regulate part and now that the data is available there's you know there's firms like myself and many others that since the course of that time has passed has found out ways to get insight and intelligence out of data i think it will be a good thing for the industry i think will still be i think will still be safe but i think that the data dow is about is ready to be mined to be able to give everybody a little bit more breathing room to get money working again for people. should trim the see all pendle systems and most importantly the data wrangler thank you as always for joining us. thank you bart have a great day thank you. and time now for a quick break but hang here because when we return belgariad has a reoccurring pipe dream which may soon call the troops party correspondents now it's the pilot which joins us to explain and as we reported on monday's program the supreme court has been in class action lawsuits like happened torneo american

lawyer helps us understand what it means as we go to break here the numbers at the closing bell gold up oil down all the stocks up and bit coin down to around seventy five hundred dollars will be right back. here that. much as you see it that is all. good to talk a little. easier. than we had said a it had been but that may not allow them to just tell you that outside of the knock on the. by then got the session on the nod their own. by then is a shift that on. last and that's not a sudden loss is going on want. some sort of summer

not so with. them you know supposedly hoping that the pope multiple injuries among companies to soak them to yourself you hope the book but it shows you all your marks on the phone to the phone number one if you can because people from simple solutions say yes but in the case of booking a loss and what it might. want to make that of nothing on the left off allowed me to see how i think something that was. something outside of. yes and the titles of my let's talk about economic news how many have you told us to. join me every thursday on the alex salmond show and i'll be speaking to get a feel of the world of politics sports business i'm show business i'll see you then

. those who know the middle east understand that the decision to bring tens of thousands of palestinian marchers to our border is the work of hamas the question is does a country like israel have a right to protect its borders its internationally recognized borders if you say no it doesn't then you you will be exposed. welcome back bank is considering cutting ten thousand workers nearly one in ten

employees from their payrolls the plan is the latest attempt to cut costs and stabilize a german banking giant and staffing levels reportedly have been a source of acrimonious debate within the company the planet's surface the head of the bank's annual shareholder meeting on thursday were even more radical proposals are expected to be considered including breaking up the big bank dr banks stock has lost a third of its value this year last month which of bank c.e.o. was quote unquote invited to leave his position only two weeks after telling employees that he was absolutely committed to the job. the year long grudge match between yelp and google has entered another chapter this time by yelp filing a legal action with the european union's antitrust agency yelps alleges that google favors its own services such as google maps and disadvantages competitors in search results when they do that yelp c.e.o. luther low cited

a case from last year in which google was ordered to modify the spoils of search results for local shopping in order to pay a two point nine million dollars fine mr lowe said the e.u. . regulators findings of wrongdoing by google in that separate case gives yelp a key legal foothold and grounds to seek similar relief local search results account for about one in three google searches and are a critical source of internet traffic for yelp. both gary is asking for a new direct pipeline from russia which would deliver natural gas to the balkan nation while bug areas president says the idea is motivated by common sense some are calling the pipeline a pipe dream artie's house mahela ventures in toronto where he's following the story alex thanks again as usual bulgaria already gets natural gas from russia why are they so when favor of this additional pipeline. well this request was made by president reagan rattled on its visit to moscow it's mostly boat energy security

here i mean it's the country needs gas it's a it's a vital part of its energy makeup but right now the gas that it's getting from russia goes through ukraine and we know that ukraine right now is a mulch looked to help to his country it's a nation that's not necessarily stable so the gas pipeline you never know what's going to happen also bald area buys from other countries in europe or at least they get the gas from countries that get gas from gazprom so there's nothing that directly goes into ball garion bulgaria right now but demand for gas is increasing we just saw now recently basically above we look at last year the bulge area up by four point seven percent from the year before that was three point three billion cubic meters of natural gas a four point seven percent jump in two thousand and seventy that's significant don't forward also think about it strategically you have a pipeline coming russia entering europe through your country so for bald dariya

that should be a big deal that puts them in a strategic place and like you say four point seven percent increase in usage that's pretty huge for any country now some politicians in russia are saying hey this is a great idea but no what's their issue with the pipeline. well you know what the area played a bit of a dirty game in fact in two thousand and twelve they signed for the pipeline to go into europe through ball garia this was a deal between russia and ball gary and just a couple years later they backed out and this was after a visit by who else but senator john mccain from the united states and a couple of his friends and also on blog area said that we don't want have anything to do with this pipeline anymore so obviously russian politicians and russian people in general you wouldn't be surprised if they get a little ticked off by something like this and we have to we have a tweet here that pretty much sums it up and i'll just look at this this is from russian senator alexei pushkov he says ball garia ditching the south stream was a gross error turkey immediately seized its chance with turkish stream and germany

is building north stream to a good lesson for all sofia which is the capital of bald kariya now besides looking at russia the way the bulgarian looking at this possible pipe on they don't see bulgaria anymore here's a map and this is turkish dream and this is the way it works nordstrom we've talked about that there is a deal with germany and russia russia has partners close to completing that turkish stream pipeline they're almost done this is going to facilitate countries like serbia hungary creation italy and of course guess what ball garia now the question is where is this pipeline going to enter europe from turkey is it to go down through greece or is it going to go through ball garia so well gary it might be getting a second chance here and this is what you were talking about this just before the commercial break the fact that you know they might be in luck because they might be able to sign a deal with russia to get that pipeline built through bald area but anyway you turn it turkey's going to be in control of this it runs through turkey they could have had it their way

a while back but that's not the way it's going to happen now and to build another pipeline next to that you can't really think that that's going to happen in the foreseeable future turkish stream is a reality and it's moving forward quite quickly we can expect to see that done by the end of two thousand and nineteen and as i mentioned some of that oil. that natural gas will be going to bowl garia well alex the the economics of this are huge but as you explained that map was really insightful the geopolitics are just fascinating and we appreciate you spending some time on r t correspondent alex behind with h. thanks as always alex thank you. on monday as we reported the supreme court made a decision that will impact employee rights to class action lawsuits does this mean that employees can no longer ever band together in court there's no better person to ask that america's lawyer might be might happen tonio counselor thank you so

much for joining us we really appreciate it what does this mean for companies but as important or more important fact what does it mean for employees bike. well for a four star betrays in which millions of americans have already agreed to buy something arbitration clauses in contracts takes away the right of these employees to sue corporations when they lie cheat and steal their arbitration clauses in your credit card contracts you name it but here this is very specific because you have these companies that are stealing money from these employees the level of theft is amazing the way they steal money is they they they don't pay for things like taking on their break they're all they're ordered to go back to work without being paid their there are all kinds of scams that they use matter fact we handle one of the biggest cases in the country against wal-mart where they had a whole series of scams where they were just taken ten dollars here twenty dollars there what is up happening is this an employee who has a loss of maybe ten thousand dollars that employee according to what this ruling is

by the supreme court can't bring a case in a class action so let's say they lost ten thousand dollars let's say they lost two thousand dollars how do they hire a lawyer how does the lawyer handle that one case the class action and they build all of these employees to go after these thugs these corporate thugs and get their money back through a class action settlement or class action trial here that this supreme court clearly understands that most of the theft that takes place with employees is in little it's in little cuts and they find that an employee is unwilling to bring a case and less they can join into a class they are unwilling to bring case by case a because they can afford it be most lawyers won't take a case like that and say they get targeted by bringing a case like that so this is actually something that the business is build into their business plan we saw that with wal-mart wal-mart calculated that they could

they could get away with it with stealing ten million dollars each quarter by taking a little bit here and a little bit there and in the. and they could keep the ten million dollars because if people could not bring a class action like we were able to do in that case if they can't bring a class action then there is no way for an employee to actually recover this is the same supreme court the same business oriented corporate supreme court who every time they get an issue like this will always always rule against consumers mike it seems to me that you know workers really don't have a choice to you want to job you sign the employment papers accept and so on the only folks that will be able to take a big company to court will be the wealthy folks and those are the people working it at wal-mart so my guess is that we'll have to see what happens i don't get too much into the politics here but among the reaction that i've heard there is some critics calling for a legislation to effectively overturn or blunt the ruling and that seems like

a dead letter under the current congress and the white house but as a purely legal matter can legislation restore these rights. yes yes it can and it won't i can put it like that in to they can absolutely do this but it won't they've been asked to do this on several occasions in other issues where consumers were handed workers in particular were hammered by corporate conduct like this and they've passed on to virtually every time so yeah it can happen legislation can solve the problem but it's got to be solved in the courts and right now you have a supreme court that is so oriented towards business interests that there's no way to turn them around and one more question on sort of the legal nuts and bolts of mike justice ginsburg chose to read her dissent which was pretty impassioned from from the bench and called it agree just really wrong who's right ginsburg citing the national labor relations act her chief justice gore said citing a federal arbitration act of one hundred twenty twenty five settle this for

a good good good good spring is right all day long that's what the case law shows that's what the president shows this is a supreme court majority that had to go out of precedent had to go out of trend had to go out of just common sense and what benefits the worker to reach a decision like this and that's why ginsburg was so outraged they realize that in arbitration the worker loses loses ninety percent of the time ninety percent of the time is a holy cow in an arbitration setting we've got about we've still got about sixty seconds mike in the technology space it seems that companies have been requiring you know binding arbitration like we've talked about with wal-mart and others but microsoft notably said they are going to stop and forcing arbitration agreements and sexual harassment cases and and over last week just did the same thing this may be may take a silly question of me mike but i mean do you think some companies will look at this is a good thing that they will do to entice employees or will they take

a heck of a lot of comfort in the supreme court decision and say hey oh we're not going to do anything. this is like they should have a parade corporate america to have a parade right through the middle of d.c. because none of them are going to do anything to interfere with this on behalf of workers promise you if it does please have me back on the show and i can say i was wrong that that parade goes on here every day we just don't happen to see it because they're in black cars with shaded windows america's lawyer might be my path antonio thank you so much for being with us mike preceded thank you. thanks for watching we sure to catch bombast on you tube you tube dot com slash boom bust r t what catch an extra. legal.

campaign sign genetically modified organisms in the system and in the food industry in the one nine hundred ninety s. . tom is taking that a night and what does that have to do to cheer. was just. a little of the shadows almost sort of. like this is a chemical widely used to kill leaks. this is the most widely viewed service like a beer in history. they say and runs off there's a possible temptation that. kind of her future scientists prove that she in context

really awful on the human race to sign a surface to wells free of g.m.'s in crisis eight which may even be able to actually pass the points of never send. for. those who know the middle east understand that the decision to bring. tens of thousands of palestinian marchers through our border is the work of hamas the question is does a country like israel have a right to protect its border its internationally recognized border if you say no it doesn't then you you will be exposed.

the only ask the woman poisoned in the u.k. alongside her double agent father gives her first media interview since the attack she says her life's been turned upside down and that she wants to return to russia . north korea gears up to close its only nuclear site as

part of a bargain with the u.s. we have been given rare access and our correspondent is reporting in route and as you can see behind me we're being greeted like celebrities who have those who go to north korea. u.s. ambassador to israel controversially opposes it with an altered photo of jerusalem with one of the most sacred muslim science removed and replaced by a jewish place with full force. and political newcomer just. accepted. italy's new prime minister breaking an almost three month long impasse it clears the way for two populist euro skeptic parties to form the country's next government.

our broadcast my director our studios moscow this is our international certainly glad to have you with us. now we begin with developments in the u.k. where you have screwed paula has appeared in the media for the first time since she was poisoned along with her father a former russian double agent sergei screwball they were found unconscious on a park bench in the english city of seoul brewery on the fourth of march more details from our london correspondent on us to see a trickle. now in this particular media appearance she does give a statement to reuters news agency of an undisclosed location in london so her whereabouts are being kept under wraps and she appears to make a brief statement in russian which then she provides in written form in both russian and english to reuters and in the statement among other things she says that she is going to eventually be returning to her homeland of russia but not

quite yet as reasonable a bit as a child to come to terms with the devastating changes thrust upon me both physically and emotionally i take one day at a time and want to help care for my dad to his full recovery in the longer term i hope to return home to my country well paul importantly had also said that her recovery had been slow and extremely painful and that she for now will not be turning to the services of the russian embassy again as a reminder this has been something that russian authorities had offered over and over again to the script palls any kind of cooperation or being able to get access to them which according to russia they should have been able to do given the conventions that exist on matters on this issue but there's not much else that she did say she only made that very brief statement and then did not answer any questions on camera this is definitely quite a development since this became the first media appearance that yulia script hall has made ever since that poisoning took place on march fourth when this whole saga

unraveled created creating a massive route between the u.k. and russia and of course this was. the first time we're seeing a video of. her father sergei script hol is also currently out of the hospital so now the next step we should be expecting is some kind of statements or information or parents that he could possibly be making next russia's foreign ministry has looked to to reassure you saying it has repeatedly attempted to get in touch with her and her father we want us cripple to know there wasn't a day that the russian foreign ministry the russian apis in london didn't try to contact her the main goal was to ensure she's not being kept against her will that it wasn't another person posing as her to get firsthand information about her condition and her father. north korea is gearing up to close its nuclear test site in the country's remote and north east there have been six nuclear bomb tests there sense two thousand and six which were carried out inside

a mountain now it's the world's last officially active nuclear test site now north korea's described how the site will be dismantled saying that there will be a controlled explosion to collapse all the tunnels that will result in all of the entrance points being blocked as well after that the above ground facilities will be destroyed some changes have already been observed by experts on satellite images taken in april and earlier this month buildings have been demolished together with a railway line much as you go to among a group of international journalists who set out on an arduous journey to see the nuclear facilities shut down so we're currently on a train somewhere where the strong don't want to thank you don't even know the you know the nation where we go we don't we may thank you so much for you so we were in the four o'clock means you have compartments for two and we've noted that all we

know are shots all while you duck shots or we come from and you will be going to be all over that phrase. well the train journey will take the journalists eleven hours in total and as you go to mention dovey have been given strict instructions not to open the blinds following that the crews will have to spend several hours on a bus and then an hour trekking to the final location before bro boarding the train sent us this report documenting his journey from china to north korea's months on. we're in the beijing international airport and as you can see behind me we're being greeted like celebrities the of those who go to north korea we've been here for the past couple of days and all journalists spots of this press tour have been amassed in the chinese capital because that's where we got our visas that's what we where we got our tickets and now we will be proceeding to check in to our flights that

those are the windows that we're waiting for the personnel and so i'll be signing off and meeting you hopefully greeting you from north korea itself next so this is the choreo flights we will be taking to get inside north korea thing is we aren't even exactly sure as to where exactly we're headed because according to a media to a document we're going to the southern port city of one sound but according to our boarding passes we're headed to the north korean capital pyongyang so i guess annoyed the option but to find out on board the plane. the size it seems seems you know we're going to pyongyang or two once on. one time thank you. so there are roughly twenty john that's here on this plane and so as we're going to one son i just want to keep up with clips of what's going on on board would be evened out press releases like this one for example to be only nine times mostly

about politics but also featured pieces like recipes for this rice and month or in the cake and also we've been given at this very very carl's colorful kolby a magazine which features everything from the latest one as to what's been going on like the like little can on the supreme leader of north korea but also kind of if each is kind of around still young and like to pieces like the ones for example be a little be beat. so you walk out of any airport what's the first thing you expect to see it's a bustling crowd of people pushing and shoving it's a taxi drivers offering their often overpriced services well check this out nothing of this sort here it's just an empty parking lot and three buses that will take us

to the city. solicitor go out of room. we're safe. but. this is a. very rare and. oh somebody who was. well in the meantime follow you go to on twitter where he is posting details and photos from the reclusive country whenever possible now find out what kind of food you might expect in north korea and have a look around the local hotels to see what they are like. america's ambassador to israel has a come in for criticism after he was seen posing with a rather controversial gift david friedman was presented with a photograph of one of the most sacred places in jerusalem but the image had been

altered to show the jewish third temple on the site where the islamic dome of the rock is currently situated the third temple is a biblical reference to a new place of worship to replace an injured one which was destroyed u.s. embassy. was asked for an apology and saying that the envoy was unaware he was being given a doctored picture of the region is still reeling from deadly protest against the relocation of the embassy to jerusalem here's our middle east correspondent policy or a photograph immediately sparked fierce criticism from the muslim world saberi kutch he is the secretary general of the palestine liberation organization the p.l.o. says that friedman expressed to quote rude and hypocritical behavior you then have a tb who is an arab israeli law make a.