back in the b. fifty two they were dialed out of it but the interesting thing is news and the maximum. pressure being applied here you know but i mean it's illogical i mean this is a very sensitive time right now i mean mark really made a good point i mean president moon when across the d.m.z. i mean think of that for the last you know since one thousand nine hundred fifty three what that means is crossing the berlin wall exactly they can read it and did what they could you know we can't accuse board north korea or south korea of not doing anything for peace but coming back to that article by ray mcgovern you know i have a peace plan for korea let me just remind our listeners that craig my government is a hero you know he's a former cia official who is now a dissident who recently got beaten you know because he wanted to ask an unaccompanied question but my peace plan you know based on that great macgowan psychical what he says that trump should be no dream of his nobel peace prize since

the novel peace prize is already discredit by being put into a box that the nobel peace prize committee in north will let them come to donald trump and see congratulations and all that drop men get your price need to save us time to do what. they did their family will do the only way to save their noble peace prize after obama gorbachev are far and other goals ok let me go back to before we go to the break and i think it's i don't want to go into it in great depth but i mean you know we had my mike pompeo come out with his twelve points for in dealing with the rand here i mean we can compare that which was all quite ludicrous and very much ridiculed by foreign people in the foreign policy blob it seems to me that does mirror the north korean strategy meaning there really if they really haven't thought it out very well go ahead out you know we're going. to war is really what it was. but i mean i think you're right peter can overstress the fact that it's not only the libyan model that. north korea is nervous about the

iran model that libya north korea is nervous about let's not forget it's only been a couple of weeks since the united states broke their agreements with iraq so there's no doubt that that will are looking at what happened in iran oh yeah north korea has already made two significant gestures of real significance they have detonated their tunnels that they used for nuclear detonation and they unilaterally returned three u.s. spies so they've obviously done their part but even both in this sabotaging this not only referring to the threat of libyan regime change but by demanding that north korea completely denuclearized right from the get go without anything of force before that meeting in singapore and for there is a peace treaty signed before there's fay any type of face steps and this is a way of raising expectations both and actually said that he wanted the talks to go forward as soon as possible so that nothing could be done to then spit steps later

and jump right to more serious measures we all that we all know what that means essentially what the what the bolton a saying first surrender and then we can sit down and talk ok i and this is exactly the same message gentlemen that the u.s. the trump administration is sending to iran we're going to go to a short break gentlemen after that after that short break we'll continue our discussion on some real new stay with our team.

they're going to buy a lot more stuff from the u.s. . so trump is coming in the fact that meanies are weighing into the minutia of trade deals which you know president has done that i can recall usually they just play the broad stroke and hope for the best so he's actually getting into the details of trade deals that. welcome back to crossfire were all things considered i'm peter remind you we're discussing some real news. ok gentlemen it switch gears i just came back from the st petersburg international economic forum obviously in st petersburg one of the things i find really quite remarkable not the fact that mccrone was there because he'd just been in the united states and you know we've got a lot of hugs and you know that his dandruff and taken off his shoulder but he didn't do anything. in st petersburg look very very different. there was an open in

brace and we had the john they drew up a nice prime minister there we had angle merkel that is visited putin twice in sochi gone to china there seems like a lot of movement on the table right now go ahead. if isolation is about fifteen thousand international business figures come into st petersburg that's a very nice a situation i wish many countries in europe these kind of isolation by the indeed there are i think it was a success you know mr monk wrong and and that come to st petersburg however in general i don't think has the power to he'd like to he'd like to update confrontation with russia unfortunately you know that optical. so-called energy dependence on russian. a lot of other discriminate three quarters

of all good relations with russia they're written in there in the. norms of the european union which the mockery of simply doesn't have the power to change them and i think this is something that a lot of people don't understand but i you know do we go to alex in cyprus here i deme is absolutely right a lot of this is really kind of written into stone here but i think there is we're in a moment right now where people are beginning to look at options something we haven't seen on this scale in my lifetime at least ok i mean i you do have the europeans actually considering different ways of moving forward because of the growing mistrust with trump's white house go ahead alex in cyprus you know we're seeing the world under president trump and just as president trump it's natural size in his art of the deal foreign policy practice it works both ways and we're seeing the europeans were. you know we're seeing russia and china also weigh their options and

look at their negotiating leverage when dealing with the united states as well as when dealing with each other so i think we're seeing a lot of jockeying for different positions we're seeing the national interests of countries come back to the forefront and this is really all because of trump's instability of predictability but also his style of bringing you know everything about foreign policy too to a transactional level it's all about negotiations and so it works both ways and the europeans i think are now are starting to realize that they can exercise their their options mark yeah well i you know i see your dismissals work as usual. i mean i think we have to take all of this with a not just a grain of salt but a good dash of salt over the shoulder because mccracken seems to have this type of simpering egoistic personality where he has to kiss the rear end of whoever he's in the room with for and play to whether that's trump or. we saw i mean to add

insult to injury and his recent trip to the white house evidently the tree that he planted that he and his wife planted with his teacher his wife whatever the the story is they're planted in the white house grounds was then dug up after he left so. i think that's. certainly i mean is that breaking the mc i don't want to you want word that you know there's you know it was widely reported the head of the i.m.f. the french president the japanese prime minister and the chinese president. that's isolation vice president or vice president you have a second in command in china that that is international isolation. but this these steps by. merkel visiting sochi a gad and visiting china for a second time coming to russia talks of reconciliation mccraw that admitting the the obvious must stakes were made when talking about reconciliation with russia you

made a lot of money. but it's very clear who made the mistakes of the yeah exactly this is we shouldn't we should be happy for this but we shouldn't take it for more than it is this is normal realist balancing this is what states do when states other states do things that angry with them they. send a message that they have all their options to explore and that's what you know this is a marx absolutely right but what is not right or kind of. out of balance is it and we've mentioned this on this program before trump doesn't care you know he doesn't care about the implications and we have said here he's playing to his base i'm sure he's got a checklist in his pocket you know he's checking them through i mean is unpopular in his why moving to the embassy to jerusalem going out of the iran deal being very fickle when it comes. the north korea i mean these are these these are things he

ran on well i think we should always remember that we're not being told by states where polls by an ideology and the problem with trump is that he is aggressive stupid dangerous but he does not truly understand this ideology he was not certified by there he won unexpectedly and the conflict gave it to him even though he did all the things that they wanted he bore him to syria he he was very threatening to north korea he did everything they usually do continuing threatening of venezuela to ensure the russians engine on ranks and you know russia russia russia should these sanctions exit legend because that it is water bottles if the. plea and the funny thing is there the democrats and the european liberals and used him being in coups with russia they continue to use him even though he has done more anti russian things than any president in history of the united states before

him i mean to me this is all just inboard it in that terrible loss you know that the democrats have made and they want to support them just let me remind our listeners don't put too much into the lawsuit there i think that is a joke they're still in russian federation russian intelligence trumps complain julian assange gendered. to me it's like this is crosstalk on the ground look there's no law that says. it's bill gates and santa claus only you know jerry and jordan a son it's likes you and mother three years and stormy daniels environ wasnt you know going to do in their minds they were stormy daniels free zone here. may be your view. but one of the interesting thing that the enemy i'm agreeing with demon is that it's it's an anglo-saxon cabal here that is the anti russian i mean obviously elites in europe going to play along with it because that's the the. the q. that they're given from the from berlin and i'm sorry from washington but it seems

to be very anglo-saxon when continuing this anti russian rhetoric and policies they see the europeans that is something we have european leaders coming here to moscow and to negotiate negotiate is the beginning of the beginning of a process go ahead alex you are right in the beginning i believe that micro and even stated whites are essentially that you know that russia is and it trickle part of europe and he was very clear in his statements that he does not want russia to drift through east but you know let's let's not forget that trump is not a statesman or a good lad he's a business guy so i don't think you really understand any of this stuff that's going on i think you brought everything to a business level and let's face it being a real estate tycoon in new york is probably a very dirty business and you make agreements and you break agreements and you twist arms you can do a lot of stuff that you know may be seen below the belt in foreign diplomacy and

trump is bringing a lot of that to the world stage and you even had russian president putin say that it seems to be right now that you know the new rules are all about breaking the rules and that's very much an allusion to how trump is dealing with a lot of the foreign policy issues to date and it's a very good point i mean you know it's breaking all the rules but you know if you're always breaking the rules you can't make a new rule and that is the big problem here right now mark i think trumps art of the deal is like a mafia don when john bolton brought up the you know the the lead. option for. north korea. trump replied well that's not what we're planning the libyan option and we totally decimated them that was a decimation he said and it case you don't know what that means that was with the allman roman legionary practice of killing why the out of every ten people at the north korea. already been through worse than that there in the us. hellacious

bombing campaign of north korea during the north korean war so that it could have been well received there but then he said that is that's only if we if you break that if you don't sign a deal that's the only time decimation so either side on the bottom line or get decimated that is a mafia don threat simultaneously the whole st petersburg and international economic forum was overshadowed by trump's trade war on global trade i've not not just globalization but trade with allies trump has put affectively sanctions on south korea he's put tariffs rounds of tariffs on china sanctions on russia syria north korea iran he's promising the biggest sanctions in world history because they don't trump the trump around where this little fingers loves everything big bigger that and it is he likes to exaggerate the size of everything but he's also threatening sanctions in two ways over both iran and

the completion of nord stream against his own allies in the e.u. right which is sure to you know really what oil them in europe really interesting is i'm glad you brought up the energy security we could dream of because you know there's a lot of things that the europeans will go along with with the with the americans traditionally. not specifically with trump now but their energy security is something that is very real and very much theirs and i see in the germans are leading that push back that they will have north stream we also have the pipeline will be coming through turkey so i mean it looks like there are there yet will it. be one because turkey is always a wildcard but i mean this is an issue that is very real and very important to them and russia is a reliable partner we've seen some of that but there are two different things the european union and europe. europe needs russian gas the european union needs to

damage russia basically why did they destroy the project stream the sols thing was a savior for europe you know it was going to bring cheap energy to the two most problematic states to it and to greece but they did everything before the project to be fair the germans rouer the south stream so they can ignore three. energy all of your very shrewd energy so there are estimates that securities are gentle they're going to have the judge may run out of time in a many thanks and i guess here in moscow and in cyprus this is the end of our broadcast segment stay with us with the extended version on our you tube channel see you next time and remember across stocks rose.

fifty years ago breaking with into a concert going on as a sleeping pill does this is what i mean because i would say this is the sort of things were terrible but not on node. one for the world here not the war. across europe victims are still wanting legal battles demanding at least some compensation. in two ways first of all the physical damage itself as well that the concert mind that the people who actually perpetrated this crime has never been able to justice and there's been a couple. about your sudden passing i've only just learnt you worry yourself in taking your last term.

caught up to you as we all knew it would i tell you i'm sorry i could so i write these last words in hopes to put to rest these things that i never got off my chest . i remember when we first met my life turned on each breath. but then my feelings started to change you talked about more like it was again still some more fun to feel those that didn't like to question our arc and i secretly promised to never be like it said one does not leave a funeral the same as one enters the mind gets consumed with death this one different person i speak to now because there are no other takers. just saying that mainstream media has met its maker. shifts. a little. to lead.

a little. sad. he plans. to think such. as are. this is the kaiser report hopefully so sick i just want to follow up a little bit on the last episode we did because here's a headline related to dead unicorns why the end is coming soon for the biggest tech bubble we've ever seen expect to see more dead unicorns unicorns of course in this

context are companies startups worth more than a billion dollars there's like one hundred couple hundred of them in the united states but he says. about over half of them are actually fifty percent overvalued this is keith wright a professor of villanova school of business so what we should be seeing dead unifor in saying well you know the change for returns over the past ten years as i just read every man zero migrated into the startup space on the unicorn space but the liquidity never came to the aftermarket never came the cash flow never came so now they all have to go over the cliff of the abyss proving once again the world is flat of course there are eighteen these are dead unicorns held by silicon valley investors they have deep pockets and of course they could afford to perhaps lose all of this but they're competing with china which has i guess a bigger market but also more capital to work with and you know they're in the race to see who can create more monopolistic sort of positions of course these unicorn

holders from silicon valley have donald trump to crush competition like which was crushed and now that brought. china to the trade table there is supposedly negotiating trump keeps on almost getting a trade deal with china and then backing out by a tweet so we don't know but we do know that trade war averted china vows to buy more from the u.s. but truce will take time the consensus follows two days of negotiations between teams led by the chinese vice premier lew he and u.s. treasury secretary steven chu and so time is agreed to buy more u.s. agricultural goods. and energy products and this is supposed to close that what two hundred a three hundred seventy five billion dollar trade gap with the united states there's china refer to these startups as unicorns or maybe dragons of the unicorn as a global thing i wonder you know it's middle as if you really have to ask based on something but you know i'm not sure but yeah ok so china says they're going to buy

a lot more stuff from the u.s. and so trump is having an effect i mean news and weighing into the minutia of trade deals which president has done that i can recall usually they just paint a broad stroke and hope for the best so he's actually getting into the details of trade deals with echoes. you do have to recognize that in the west we're not seeing the coverage the media coverage and the actual power that china has on the ground over in asia because i have seen reports that the reason why why did why did trump to the extraordinary thing of saying we need to come to the table because he lost all these jobs we don't want to destroy seventy five thousand jobs and we don't want to destroy. and they apologized well apparently there were also u.s. goods piling up at the ports over in china and china has a huge buying power and exporting power and all these u.s.

companies have massive factories over in china so they have a lot more leverage than we can possibly see here because of course our media doesn't cover it because they have a more important story that their little conspiracy theory that they're focused on nevertheless there are you know that china apparently has a lot of negotiating power in terms of twenty eighteen elections midterm elections coming up in just a few short months is places like iowa and nebraska where they were really squealing about the impact on their agricultural exports some of these places you know they're their number one. destination is china they also live four to five trillion dollars in reserves more than a trillion or so in dollars the dollar still world reserve currency so yeah they've got a lot of operating leverage on the ground but a macro economically speaking the u.s. federal reserve bank bank of new york still has the ability to crush them at a moment's notice if we so choose their basically their equally powered the world's

largest debtor the world's largest creditor they are equally powered they're equally powerful and that is a great huge fight that is the fight of the next few decades what is not a great power which is no longer a great power is the united kingdom versus germany fighting the euro european union versus trying to come up with the brakes a deal i have to headlines here this is from bloomberg and they often to this i actually printed another article but they change the headline at all the time but boris johnson warns may to get on with it and deliver brags that so he's warning that she has to get on with it he wants to become the new prime minister which probably makes more sense of a clown and charge like treece amaze us ineffective we might as well have an ineffective clown because we have a clown here italy has clowns everybody has clowns this is new policy but the u.k.

has admitted that they're going to have to pay a huge divorce bill and this breaks that exit if it ever happens this somebody they break it did is figuring out how the op back in to various deals that the break sort of gave them the right to opt out rights are just that the ad is something i thirty thousand more civil servants in the u.k. and that's the whole point of bragg's it is to increase the size of government understand sure the mandate was to take g.d.p. and address it so that government was a less a percentage of g.d.p. braise it just reverses that whole trend it makes the government now a bigger part of g. pay which is highly anti-growth so i mean i'll read you some of boris johnson's exact quotes he's the foreign minister foreign secretary for the united kingdom three some a is the prime minister in case you don't know a lot of people may not hear much about the united kingdom but he said that outward free trade in countries what they want to hear from us is that we are getting on

with it with confidence and brielle in zap. so over that's not a clown does he know these that's a given what's going on. squirting water but i like your idea that the u.k. needs a clown cistercian to compete with the berlusconi's and then only the trump clownish behavior in america and other global clowns i mean to compete in this global economy you need a clown morris johnson's caliber he's a world class clown well if you don't have the authority and the power to be a states person then you might as well be a clown because you've got to compete for global attention right so johnson's comments however are his strongest since teresa mayes team agreed last week on a controversial compromise that could keep the u.k. tied to e.u. trade rules for years after the divorce the proposal got a frosty reception from brussels and prompted jacob response to commands enough conservative lawmakers to engineer a leadership challenge to say he was losing faith and tree some may like the united

kingdom is part of the body of the european economy as a seventy three trillion dollar trading bloc you know the whole brags it is like your liver deciding to separate from your body and to say we're no longer part of the body were the independent liver and by the way everything comes in and out of the liver we now have to introduce another oregon called the deliberate exit blipper attacks and then oh wait a minute that doesn't make any sense so we've got to reverse all that there's no way to separate the u.k. from europe it cannot be done it will not be done if it does it's in name only they make change. the color of their passport but you cannot you cannot separate the two boris johnson in their delusional when we were just in the york there were two guys walking behind me downtown you know the financial district and i heard them one guy complaining that his office was moving to frankfurt because their office in london was closing down because of this break set thing so i'm killick at another headline

here about the u.k. economy it is it has been hit definitely by this whole breaks it drained i mean who knows what's happening whether or not breaks it happens i think people will still be talking about pricks in twenty thirty years' time when it won't have actually happened nevertheless landlords left with four shards skyscrapers worth of empty space in the high street bloodbath this big companies like jamie's italian all of these chains. carluccio those they have a whole bunch of them listed here but the fact is that in figures compiled for the evening standard colliers international forecasts that the bloodbath and the retail on restaurant sectors will leave at least six point two million square feet in the u.k. vacant this year of that six hundred thirty thousand square feet isn't london of the property agent examined statistics from the local data company and goad portal it looked at stores which have closed either because firms have collapsed or

restructured using a company voluntary arrangement a move which allows businesses to quit stores or seek rent cuts so they using the c.v.s. as they're called so what is it called company voluntary agreement and they're able to get out of all these leases and landlords are left holding the bill on these overpriced properties and in a shrinking economy and with huge business rates on these small companies that the u.k. government is no longer going to be able to collect it all for except for the site is being independent it go it defies one hundred years of integrate. and then to europe it's absurd i understand that everyone likes to be independent but it's never ever ever going to happen in any meaningful sense. it's just ever going to happen of course these new rules came out in the e.u. regarding privacy for example and all these tech companies had to change everything

and i just noticed that over the weekend because we've lived in the united kingdom for so long i have had dozens and dozens and dozens of e-mails from all these british companies saying to to new european privacy directives here's our new policy on privacy so it's like there are all these jets online about people throwing their computers out the window because of this hassle but nevertheless they're having to abide by these european regulations anyway in order to stay part of that you're the customs union better member of the new passports of the new color as a manufactured by a french company well we're going to take a little bit of a break here don't go away much more coming your way. when else seems wrong. why don't just don't.