it was attached to a bill in the senate banking committee meanwhile germany's economy minister peter all meyer warned that they trade war that starts over steel and aluminum could quickly escalate to involve cars textiles and food a temporary exemption for the european union companies from the new u.s. tariffs on metals will expire on june first and also myers says europe will insist that the threat of sanctions be dropped before agreeing to begin negotiations with the u.s. in brussels the use trade commissioner said she does not expect the exemptions to continue after june first. civil servant striking in france went on a nationwide strike on tuesday the third national work action this year the strike is an aggregation of over one hundred thirty separate work actions and was supported by all nine major public sector unions representing five point seven million workers the unions have not had this level of solidarity in nearly a decade rail workers were the first to strike over president mccrone proposed

austerity measures cuts to jobs and pensions and attacks on job security some for mr macross ultimate aim is to privatized the national rail company s n c f with the enlistment of air traffic controllers and yesterday's actions one in five flights reportedly were canceled rail workers are against drinking today and tomorrow under the rolling schedule of three days of work and two days of strikes. and eleven people were killed by indian police on tuesday while protesting air and water pollution from a copper smelter on by a british company local t.v. stations aired video showing police snipers apparently taking aim at the crowd and a voice saying quote at least one should die end quote seconds before a policeman fires the national human rights commission called for an investigation of the killings and the leader of the congress party called them state sponsored terrorism to. day was the one hundredth day of protest against the sterile light

plant in the village of to the core in the southern state of tamil nadu demonstrators called the permanent closure for a career a permanent closure of the plant on by london based that on to us resources the plans twenty five year license is set to expire but the owners are poorly want to double capacity at a plant which can produce four hundred thousand tonnes of copper each year. big data is changing many industries the leverage get leverage to increase profits has become part and parcel to many companies here discusses the data wrangler herself from the c.e.o. a pen dos system who joins us from new york pam it's always a pleasure i know you're so busy up there in the big apple big data is really reshaping industries and the airline industry is really in the news lately what's going on there. hi bart great to see you thanks for having me today you know i

think that the airline industry just like many of the other industries that we're experience is figuring out they have lots of data so if you kind of summarize what i would say is the airlines are now trying to figure out the whole k y c issue which everybody is know your customer was service is going provide them what opportunities we can provide them and everything i've seen so far is focused pretty much on that individual experience that they're going to try to give you while you're on the sea in the airplane what do i think's going to come of that i think i've got certainly some comments on that part so what what does it mean i mean that let's take it in the aggregate does it mean that when you show up you know if you're in first class they know what sort of wine you lie or that you like the good meals or what what can they use big data for in the airlines i mean we already put in that we prefer an aisle seat especially these days you don't want a window seat what will the gleam from big data and how can they put it to profit.

well i think how they put it to profit you know if they start doing that in looking at travel patterns of people you know the other i just saw a new app bart actually last friday. that was basically for one hundred ninety nine dollars you can go on there and within ten days buy a ticket for thirty dollars so i think we've seen a lot of stuff around the active use of the data to say hey i'm in first class and i like to have you know the window see we already know you know what is that i want to eat or drink they don't serve you a lot of that on the airlines but i think what you're finding is that you know it's how do they get rid of inventory you know how do they you know get that access capacity back to the street and like i said i saw this out the other day hundred ninety nine dollars subscription fee and you can get up to five flights a month for thirty five dollars and i tried it out with st louis and i tried it with washington d.c. where at bart places that i go often and you know in the next ten days i could've gotten any of those cities for thirty five dollars. quite

a bargain thirty five books although you know they should probably pay people to come to washington d.c. it's a horrible place sometimes so what other areas other industries i mean i want to talk about finance in a minute you know about your sweet spot but what area the other sort of sectors within the business sector are we looking at that would really take advantage of big data we know the tech sector and i guess in general you know we we've talked before about facebook and what the problems there are during book what other areas well i think or something or art is something the pharmaceutical industry can start doing with their big data pharmaceutical companies have all sorts of information on the healthy patient as well as the sick patients in some cases based on drug distribution and things like that so i think there's an enormous opportunity for instance for pharma companies to start looking at that data that they can facilitate whether that's in mental health whether that's in cancer research.

wherever that is because they have the living breathing data of how long we're taking different types of medications is those medications improving so i think there's an opportunity to think about pharma not only from a revenue generation point of view but you know certainly giving back to you know to the to all of us as individuals from a health perspective i think you're going to start seeing more in energy we're seeing at you know i got a request just recently regarding land information of farmers where they're looking at you know additional ways of mining oil and looking at the farmers in the logistics of the farmers so you know i'm beginning to think big data isn't a topic big data is like oxygen every single living breathing piece of things that we touch we do we say we move is being controlled by our data well certainly you live and breathe that every day you do so very well but i wonder if you know some of these companies just like one you know the internet started there were some you

don't early adopters and and other different technological. developments over the years is big data do you think that it is now just sort of the large you know fortune five hundred companies that are seeing it or is it being used by smaller companies smaller banks etc. it's being used at all levels you know in the industry that you know that i'm familiar with in financial services community banks regional banks federal home loan banks they are you know although the size of the data may be slightly less than you know global a global bank but the information on their customers their information on loans the process that they have to go to it's a lower scale but what the big data is about is what's in the data what's that you know we've talked about it once before that alternative data about you know people places things that we have to start to mine as its own commodity and be able to

sell use. that so i don't believe it has you know it doesn't discriminate against any size of an organization mark 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 what 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 fraud 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 barter 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 is 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 the am 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 seeing in 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 to argue regulate bart 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 we'll 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 to. trim the sea all pendle systems and most importantly the data wrangler thank you as always for joining us. thank you bart have a great day i think. it's 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 tony all american lawyer helps us understand what it means as we go to break here the numbers of the

closing bell gold up oil down almost starts up and bit coin down to around seventy five hundred dollars we'll be right back. that are up here that. much as you can see that is all. getting out plus a little. easier. than we had said i had been but been alaw the suggest that you get outside of town like on the and. by then coffee session on the nod their own. by then is a shift that on. the last on nothing not a shred of research going on want. some sort of summer

month so it. can be and most of it was if you have to go to poke multiple injuries among companies to soak them to yourself you hope the robot shows you know what you're most on the phone to the phone the book on a few of the people so simple so this is a yes but i'm going to miss a book and most of what my. own admitted nothing and i came upon a laugh aloud make fun of his new house on the something that will save a lot of luck on the off something not said. yes and the tunnels look my. what i can now maybe i maybe i'm a bit cooler than. banks geysers financial survival you know the drill hundreds of clergy abuse it this is

the central plank support diagram is the problem when you stop to. 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 the 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 banks an 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 displays 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 and that separate case gives yelp a key legal foothold and ground 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. well gary is asking for a new direct pipeline from russia which would deliver natural gas to the balkan

nation while bulgaria's president says the idea is motivated by common sense some are calling the pipeline a pipe dream artie's alex mahela bitches 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 radovan his visit to moscow it's mostly boat energy security here i mean and the country needs gas it it's a it's a vital part of its energy makeup but you know right now the gas that it's getting from russia goes through ukraine and we know that ukraine right now is a culture was country it's a nation that's not necessarily stable so the gas pipeline you never know what's going to happen also bold 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 the demand for gas is increasing

we just saw it now recently basically of the if we look at last year the bulgaria one 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 seventeen that's a significant don't forward also think about it strategically you have a pipeline coming russia entering europe through your country so for both garia that should be a big deal that puts the minister 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 and back 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 the blog area says add 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 ball garia now besides looking at russia the way the bulgarian looking at this possible pipeline they don't d. 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 there almost done this is going to facilitate countries like serbia hungary creation italy and of course guess what paul gary and 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 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 we 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. our rise to 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 by hyla bitch 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 in fact what does it mean for employees bike. well for a forced arbitration which millions of americans have already agreed to by signing 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 they're there are all kinds of scams that they use about a 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 their own willing 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 employer 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. 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 want to 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 going to they can absolutely do this but it won't they've been asked to do this on several occasions and other issues where consumers were handed workers in particular were hammered by corporate conduct like this and they've passed on it virtually every time so yeah it can happen legislation could solve the problem but it's got to be solved through 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 mike justice ginsburg chose to read her dissent which was a pretty impassioned from from the bench and called it agree just really wrong who's right ginsburg citing the national labor relations act or chief justice gorsuch citing a federal arbitration act of one thousand nine hundred twenty twenty five settled us for a good good ginsburg is right all day long that's what the case law shows that's what the president shows this is a surprise. court majority that had to go out of precedent had to go out of trim and had to go out of just common sense on 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 the only show in an arbitration setting we've got about so 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 think of the 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 we're not going to do anything this is like they should have a parade corporate america should 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 parade that 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 and not even my pappa tony thank you so much for being with us mike pre-shared it thank you.

thanks for watching we sure to catch bombast on you tube you tube dot com slash boom bust arctic catch a next up. in july twenty seventh seen on and i'll set up a freelance journalist working with atif to militant shelling in syria. on his second fight scotty has established a solid l such as memorial day will recognize more reporters who often risk then months with the sake of the truth and through that piece you can submit to your published works in a video form britain format until june the twelfth go to a little dot on the t.v. dot com.

you never know what's around the corner you never know what's in the pub even to walk into a nice the excitement is that knowing that's where the adrenalin rush comes from. and you can use a means by definition and the extremes will probably support. the violence is a part and it's a schizophrenia gang culture where you can do all these things and behave badly. they're portable hospital for the law or for the both of us both more so focused on the last. punishment and infirm then walk. in the thought. i would rather wear enough i figure out a really beautiful down down when i get. the meaning in these images that beast if you don't buy the involves it's constantly evolving and.

she had a sign genetically modified organisms in the system plants in the food industry in the one nine hundred ninety s. . brian todd is taking that and knights and what does not have to do with g.m. . trysts there's. also photos from osun opt.

is a chemical widely used to kill we. listed the rules of labeling luther was like the deer in the street. they described in the runs are possible temptations to be kind of her future scientists truth that she in context really awful on the human race to science servants to world free of g.m.'s in crisis eight would be even be able to see as we pass the points of never send. our senses did a remarkable job of keeping humans alive four million years in terms of being able to hear see taste feel but now says the algorithms in the machines or the robots have evolved past humans capabilities to see more here more understand more feel more we as humans have to prepare for the fact that we are now becoming extinct.

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 border its internationally recognized border if you say no it doesn't then you you will be exposed.

to breaking news on our international north korea say it has dismantled its only nuclear testing facility our correspondent was near the site to out the underground network when it was put into. one of the year's biggest business events is underway in russia asked the noble industry leader john paul little scholar for the st petersburg international economic or up. on the team investigating the crash of malaysia airlines flight m h seventeen in eastern ukraine and twenty fourteen revealed their conclusions like knowledge up to coincide with a blogger's finding.