and solution you know being in my place and therefore i should be offering my resignation to the. world war two stroke to look pretty world for my movie for the baronet's mark reeves to be one of the only survivor. but it's interesting now is that the party in power here now the conservative party is also getting increasingly frustrated with the house of lords a hardline with gregg's it is in particular because the lords keep rejecting it he drags it legislation that the government here is trying to push through rather embarrassing to reason may's administration has suffered fifteen defeats in the

house of lords over the past few weeks and whenever the lords reject legislation that politicians in the commons are trying to push through there is always talk of a constitutional crisis because they say elected politicians are trying to enact the will of the people whereas the on the elected laws are blocking those efforts or holding them up at least and there is on the other side of the argument argue well it's the job of the house of lords to hold politicians to account and to scrutinise the laws that they are trying to pass. will follow the fate of next month no no exclusively you may not expect seems that oh no if opioids in the waters off the west coast of america that shellfish there have tested positive for the drugs scientists say it reflects the high number of people in the surrounding area the new take the substances. but what we eat and what we excrete goes into the

puget sound telling me that there's a lot of people taking arctic zero down and you know in the puget sound area it's coming likely from the wastewater treatment plants how do they go well it seems they put clean mussels into more than a dozen locations and three of the areas were later confirmed to be contaminated no less waste water management it seems can't filter out these opioids and it also seems the muscles are unable themselves to metabolize the drugs however another twist it seems other sea life can do that and they've even become addicted now wow what is the first time scientists have discovered the drugs and shellfish there believe it highlights therefore the extent of the nationwide opioid epidemic in the us there have been more than two hundred thousand prescription overdose deaths in the u.s. since nine hundred ninety nine between one thousand nine hundred nine and twenty sixty later starts suggest overdose deaths almost quadrupled six hundred fifty thousand opiate prescriptions were dispensed daily policy research me thinks that

overprescription is what's behind this epidemic. the real problem is not that you can detect oxy caught on and shellfish the the real problem is that over exposing the united states to this highly addictive drug has led to an epidemic of opioid addiction and overdose deaths in the united states doctors are prescribing opioids for very common problems where opioids should not be prescribed these are good medicines for treating pain at the end of life there are good medicines when used for a couple of days after major surgery but the bulk of the prescribing the bulk of the consumption in the united states is for long term common problems where opioids are much more likely to harm patients than how patients if other countries increase prescribing the way we did in the united states i'm afraid that they will follow in our footsteps but more ahead here not international u.s. soldiers are being linked to torture interrogations in secret prisons in yemen and

congress is demanding an investigation we'll tell you about that and a lot more it's just one of us stories ahead. of the plate for many clubs over the years so i know the game inside guides. the ball isn't only about what happens on the pitch for the funnel school it's about the passion from the fans it's the age of the super manager billionaire owners and spending two to twenty million on one player. it's an experience like nothing else only because i want to share what i think of what i know about the beautiful guy a great to woman hole transfer. and thinks it's going to. forty five years ago copies ago public as a way to expand their will be

a viable corporation you have to meet certain criteria for being a viable corporation and then you are allowed to go public there are no such criteria so if you're essentially burning through cash and going bankrupt you're using the public marketplace to bail out a losing position. again claims that u.s. military personnel have been involved in torturing detainees in secret prisons in yemen as seen congress vote to demand the pentagon investigate now a un report says suspects at the sides were exposed to beatings electrocution and sexual violence some were imprisoned in a metal cell in direct sunlight those that supported were denied medical treatment there are reportedly eighteen secret torture prisons in yemen and neighboring countries the sites are mostly run by one of the main u.s.

allies in the region the united arab emirates these prisoners were reported in an investigation by the associated press their sources at the pentagon acknowledged that the u.s. forces had been evolved in interrogations but they denied any participation or knowledge of abuse even so american personnel could still be liable for complicity in torture if they question to detainees who had also been subjected to torture human rights advocates accuse the u.s. of inertia of all this the u.s. hasn't learned the lesson that cup orating with forces they're targeting detainees and ruling families apart is not an effective way to fight extremist groups while for its part the united arab emirates denies being involved in running secret prisons in yemen and refutes claims of being linked to torturing suspects political analyst morrow and told us there should be an independent investigation. because not to be an executioner and then be the investigator you cannot be the judge and investigate and then execute but this is what the u.s. is doing basically the u.n.

should be doing this should be the job of the u.n. the u.n. should be doing this investigation widely and with the support of the so-called civilized western world which is obviously not source of allies as we have seen with the tortures and as we have seen also with the cover ups this is what the u.s. has been doing all over the world in every base that it has every time they can someone allegedly someone who is linked to terrorism or at least someone who was against the u.s. imperial demands or requests inside of this country they are treated like animals even worse. billionaire philanthropist george soros is pouring millions of dollars into the campaigns of selected district attorney candidates in california at the same time leaked documents now reveal he's also spending millions on a mountain of bricks a group in the u.k. kellam open next looks at how far the billion spear of interest extends. now with all this talk of foreign meddling you would think that the activities of

a hungry and billionaire pouring money into american politics might get more mainstream media play george soros is a long time liberal money man and right now he's trying to influence the election of district attorneys across the united states basically he's pouring money into the campaigns of prosecutors he thinks will enforce the law in line with his liberal politics my name is noah phillips and i'm running for district attorney we've got some work and some healing to do to rebuild trust so we can keep sacramento safe forever. now getting supported by george soros isn't always a plus the man has plenty of detractors what is the out of state billionaire funding no with phillips campaign not telling us you know with an unethical dangerous wrongfully to. george soros has been sticking his nose into politics around the world for decades he started out funding anti communist dissidents during the late period of the cold war more recently he's been

backing best for britain and anti brags that group in the u.k. we've got one mission and that is to try and stop breaks in george soros is foundations have along with a number of other major donors also made significant contributions to i would indeed through his foundations he's contributed four hundred thousand pounds he's been working to try and repeal the abortion laws in ireland. the activities there have actually been deemed illegal with amnesty international being ordered by the authorities to return his donations that hasn't stopped him or even given him pause in trying to influence the politics of a foreign country that is just another example. well it's like insurance by a mortgage it's. very very huge and it's what matters concerning our citizens and the ocean surface recently experienced a few setbacks in hungary central european university which is very close to was

unaccredited so what did he do to move it over the border into austria george soros has no problem crossing borders moving money and creating a ruckus in order to further his political agenda the man has actually gone as far as to speak of himself and divined i admit i have always hob with an exaggerated view of myself and putin's to put it bluntly i fancied myself as some kind of good on an economic reform alike or even a scientist like einstein but all this talk of washington corruption and big lobbyists don't forget about the big man himself george soros is globally oriented and he has no problem going to other lands and telling people how to live their lives. r.t. new york american journalist miles blumenthal believes lobbying in the united states is actually a tub of corruption disguised as a business we get kind of a a cook narrative that leaves out the real source of corruption in washington which

is our allies buying influence and taking american policy over the brink in the middle east foreign governments are paying billions of dollars into think tanks. lobbying firms and even hollywood in order to curry favor in the us the term collusion can certainly be applied to this lobbying this is the story i think that everyone in washington is missing out on because it's considered business as usual and it's basically collusion only takes place. there's a grim new assessment of progress made by the united states and has drawn a mission in afghanistan government older to say stole the best and worst of failing is donald quarter you'd think that after sixteen years the u.s. led mission in afghanistan would finally have something to show for its trouble well here's how the federal authority tasked with overseeing reconstruction sees it

. between two thousand and one and two thousand and seventeen years government efforts to save the licencee cure in contested areas in afghanistan mostly failed the us government greatly overestimated its ability to build and reform government institutions in afghanistan a pretty clear picture from cigar the top brass in washington though wants to assure you they have everything under control now looking ahead to twenty eighteen as president john he said he believes we have turned a corner and i agree. the momentum is now with the afghan security forces and the taliban cannot win in the face of the pressures that i outlined you think they're talking about two completely different wars but they've been at opposite poles before just last year cigar said the u.s. failed to properly mentor afghan forces let alone give them the momentum to beat the taliban with the enormous personal and financial sacrifices already made by

afghans in their international partners the country my have relapsed to control by extremists and terrorists and again us generals are reading from an entirely different script. afghanistan special operations forces are becoming the best in the region and the afghan air force is neighboring those ground elements there is more work to be done and it will take time however this remains a very very worthy investment failing or not u.s. military leadership doesn't seem to be that bothered about how much this war is costing either flashback to twenty fourteen cigar reported that afghan reconstruction had exceeded the true cost of the marshall plan you know the us is project to reconstruct all of western europe after world war two yeah it sounds like a budget busting hefty price tag for american generals though it's a necessary expense to get things just right for a victory we should be seeking to win this war counterinsurgencies take

a while i think we have gone a long way to setting the conditions for what generally would usually is the defining factor in winning a counterinsurgency which is to set the conditions for governance so that the conditions for the rule of law set the conditions for economic opportunity go back farther to two thousand and nine and things already weren't looking so good then president obama had committed over thirty eight billion dollars to repair efforts in the region and that money was going to who exactly. our office also initiated preliminary inquiry. rhes into twenty three allegations of fraud waste and abuse even then u.s. military leaders optimistically saw the situation as a great springboard for their military campaign i'm not prepared to say that we have turned the corner but i think we have made significant progress in setting conditions in two thousand and nine and will make a real progress in two thousand and ten it takes a lot to keep that optimism up all these years but one thing the us generals might

have lost sight of is that if you plan to keep turning corners you'll end up right where you began donald quarter r.t. . talk about a culture now briefly a year of cross cultural celebration no less true in russia and japan is being marked with president putin of japanese prime minister attending a performance at the world renowned bolshoi theatre not far from red square here in moscow the two and earlier held those that wide ranging discussions as we covered here on r.t. on several issues concerning the country's bilateral relations have been taking part in the same petersburg economic forum which wrapped up earlier saturday. check it out t. dot com or facebook twitter you tube for so much more from us twenty four seven money kevin zero in here in moscow this late saturday evening twenty five minutes past ten now there's more for me in just about thirty four minutes time then great programs for you and your part of the world after this short break.

but i think you can tell. us what they're going to. learn. from. these we continue to discuss only about amateurs of the masters. but. we don't have nothing to give to the next generation have reason. to be proud to be european these is the reason all of us can.

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. i am max geyser this is the kaiser report i am feeling it stacey hey max home are already in the near italian two year yields still near zero percent as new

government proposes haircut for creditors and alternate currency markets on knife edge the proposals by a government for a debt write off and the issuance of short term credit notes as a sort of alternative currency are hallmarks of a looming default and should cause a spike into the stratosphere or at least into the double digits and so italian government bonds fell in the yield spike today adding to the prior four days of spiking but wait. italian bonds were trading it at the two year was at negative rates only a few days ago so a few weeks ago so. people are bunkers this is hilarious the world is flat and i can prove that because the ship of the economic state is about to fall off the edge of the world and plummet into the abyss so no economic interest rate gerrymandering manipulation

contortionist that glee reengineering play man chiles they show will result in anything less than the bond apocalypse the bond market is in a three hundred yr bubble it's about to blow and it's going to cause massive problems and chaos so let's put it really compare it to the united states ok we we both like clowns as president that's apparently true but it only can't print their own money yet. they're trying to introduce a parallel currency but nevertheless one can agree that they've had a history of devaluing they kept on devaluing for example leading up into the euro i did a lot of deals with them when i was at a film distribution company and we kept on having to renegotiate because they were always devaluing today they're in one of the worst debt crises and we've been

talking about this for quite a few years since the fight the last financial crisis of two thousand and eight through two thousand and nine when is italy going to blow and can europe deal with that well five trading days ago the italian two year yield was still negative point one two percent in other words investors were still paying the italian government whose new players are contemplating a form of default for the privilege of lending money and now the two year yield has spiked to a positive but still minuscule zero point two four seven percent at the moment by comparison the us treasury two year yield is two point five seven percent over ten times higher so the u.s. government right now has the world's reserve currency the us dollar it cannot possibly the fault on your bond so they could print money italy cannot print euros and yet people are paying ten times more the u.s. government has to pay ten times more than italy does to borrow they're showing that

they are paying such a bank will continue to buy these bankrupt chalion funds you know in a world where the pentagon recently announced they lost twenty trillion dollars and they can't find it you know that's say that's showing you for for example that the u.s. can print money they could blow up twenty trillion dollars and nobody it doesn't matter italy if they blow up ten billion euro is the chaos ensues across europe right ok so you have twenty trillion dollars gone missing in the pentagon and there's no accounting standard whatsoever and that italy. that's a subset of the size of the italian economy the total g.d.p. of italy is considerably smaller than twenty trillion dollars and so you have obviously robots that are buying these bonds without any sound economic reason to do so so this is part of the bound bond pocalypse is that there's nobody actually a human being deciding that these negative interest rate bonds are

a good deal these are robots eighty to ninety percent of all the deals are done by robots or the robots are either a trying to destroy the global economy or b are not programmed to act rationally well that's one way of looking at maro jaggy but we're going to look at why these ilands why the u.s. government has paid ten times more than italy to borrow money for two years why that is happening is partly because the u.s. fed is no longer buying their own bonds like they were during quantitative easing their tapering and remember we've often said you can't taper ponzi what happens is the collusion is a soon as the u.s. stops buying the u.s. treasury stops buying the u.s. fed stops buying their own bonds well then the e.c.b. steps in so how is this possible according to wall street is says as the possible because the e.c.b. run by an italian has been buying a talon government and corporate bonds hand over fist along with bonds from other countries in the euro zone as part of its q e in order to do whatever it takes and

what it took was to stop any and all price discovery and to force investors such as life insurance and retirement schemes that have to buy euro bonds to buy italian bonds even when the yields were negative these outfits actually their beneficiaries whose money this is are now pocketing guaranteed losses so it's not hilarious to them as i said the pension accounts and the retirement accounts are programmed robotically algorithmically to buy these bonds even though makes no rational sense they're locking in losses now that makes no sense it's like you're on the titanic and you hear the warnings there's an iceberg ahead iceberg. but you say you know i'm going to ignore the warnings i'm still going to sail into the iceberg again they're basically italy is allowed to borrow at a lot cheaper rate than the united states people are buying negative yielding bonds on a government that's about to disappear to implode the economy there in italy let's look to investors in the united states mint mostly new york stock exchange and

nasdaq and all that trading is done by robots but those robots act on behalf of the ordinary investor and for pension funds and things like that but they're also v.c. funds and they've been well the entire economy is movie based now enjoy it while you can overall seventy six percent of the companies that went public last year were unprofitable on a per share basis in the year leading up to their initial offerings according to data compiled by jay ritter a professor at the university of florida's warrington school of business that was the largest number since the peak of the dotcom boom in two thousand when eighty one percent of newly public companies were on profitable of the fifteen tech companies that have gone public so far and twenty eighteen only three had positive earnings per share in the preceding year according to mr ritter so they talk about . air b.n. b. we work until body makes money they have massive losses they go public they still don't have earnings air b.n. b. is the first time they've actually made some profits in the last quarter so we have

a negative basically venture capitalists have been financing vast swathes of our economy. taken hooper so cheap and so easily because investors are paying for half of the ride you can pay you get cheap office space in downtown manhattan because investors are paying half of the price the they no longer have true cost to them they're basically subsidizing the customer in order to basically destroy all the competition and create monopolies right going back to the especially co. there are vast pools of capital that are algorithmically managed and so they say these companies that are going public as a way to put money to work even though it makes no rational sense now twenty five years ago companies to go public as a way to expand their would be a viable corporation you'd have to meet certain criteria to for being a viable corporation and then you're allowed to go public now there are no such

criteria so if you're essentially burning through cash and going bankrupt you're using the public marketplace to bail out a losing position so in a fact you have taken the concept of a lottery ticket and you've turned that into a listed piece of paper on the new york stock exchange so there's no viable businesses there they're not generating a viable business. profits and earnings there are simply one hundred billion dollar lottery tickets. ok so i'm going to compare this to the situation in italy italy has no viable economy partly because there is a monopoly on printing money for the euro that's the e.c.b. the e.c.b. has been locking in losses for pension funds and other passive investors across europe by basically buying up on their behalf bonds for the italian government at negative eels i.e. them and paying the italian government to continue with their reckless policies

here they're hoping to have a similar sort of monopoly position that central bankers have that's the only way to compete with central bankers you as a businessperson have to compete with the central bankers they have a monopoly position and can print money at will but also burn money at will so here the rise in on profitable companies is partly the result of the growth in the technology and biotech sectors where companies tend to lose money for years as they spend on customer acquisition and research and development but it also reflects the willingness of shareholders and deep pocketed private investors to keep fast growing up starts to float long enough to conquer a potential winner take all market today's public tech companies generally earn more revenues than their dotcom era counterparts and could find it easier to flip the profits which once they reach a sufficient size of course that reminds me of when ben bernanke you said you know we can print money for here to eternity and whatever you know as soon as inflation

happens we could just flip a switch here they're doing it the opposite is they're hoping to destroy all the competition and once enough to competition is destroyed that's just flip a switch and it be able to jack up their rates but by the time they destroy all the competition of course are going to destroy the jobs at the competition and therefore a lot of people won't be able to pay the higher rate jeff bezos is the model that everyone is chasing he famously earnings absent until he's flipped the switch and became this chill in the. oh my god it's like a great photo or much more calling it way. in july twenty seventh team i'll set up a freelance journalist watching was on t.v. a militant showing in syria. jonah his sacrifice quality has established a holiday all sorts of memorial they will recognize will reporters who often risk

their mugs with the sake of the truth and through the use you can submit to your published works you know the video for britain for my son till june the twelfth go to a t. dot com. to mystically modified organisms the system is in the food industry and the nine hundred ninety s. . bottom line is taking that aim lives and what does not have to do with g.m. out. of the shadows almost swapped. is a chemical widely used to kill the weak.