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tv   Boom Bust  RT  June 6, 2018 1:30pm-2:00pm EDT

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you know you used to have a couple of footballers whom i consider extraordinary and who can obviously lay claim to the title among russian and soviet players it is live you know shit among foreign footballers it's purely well i also like mario doner keep. discussing all the time footballing greats making his world cup predictions well as excitement does build over which country will eventually lift the world cup in the final in moscow next month r.c. has been picking the brains of perhaps the most famous manager there at the moment chose a merino on the tournament player. says mr marino let's go through the group step by step whenever you're ready. i'm not ready because it's very difficult i don't want to be emotional look i have to be i
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will go to contradictions because i want my players to win but i also want my place to go on holiday so this is going to be tough but i would say to the wife as weights and when they go. they have experienced players they have the right mentality and i think russia has to finish second and. then the crucial match will be russia against egypt and this find to be a reality for testing pressure to finish second in the group well. they need to win the group b. . and i will show relate to that i am totally portuguese because i want to finish second in the world maybe down the home team russia is going to play against their domestic spying see a scene from the will brawl to finish first. the fight to finish second. before
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the surprise come on australia that's in the cycles and in group d. passing the little fellow who finished first. this one is going to be hard to play well for an african team. so will be brazil in the name of change to go on holiday so switzerland who finished second i'm sort in the money unless you need to hold. and in the group germany has to win. i think mexico finished second of. the euro. alerting the belgian. second. finally the. world is still the gold in the group. so. much expertise from jerusalem you don't miss it.
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interesting selections there well if you want to make your own predictions and see how they do fare against just head to facebook or twitter and follow the hash tag match merino there are three rounds of predictions in total of his predictions in total from the group stage of this. now i want to say russia did play its last friendly fixture before the world cup gets underway they drew one one with turkey in the russian capital it is the seventh game they were in a row that russia's failed to win we asked people outside the web arena in moscow about their impressions of the match and what they hope their team might do during the world cup. no no no no no no. oh. i mean a festive mood the world cup will be a major celebration and these home stadiums in might never happen again but. i. can feel the desire from the country the spectators fantastic great atmosphere
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great people i just your team could provide them with what they deserve family support russia off across both. first second. if you like but leave knowing. that he meant i was another member of our team's woke up to the legendary danish goalkeeper peter schmeichel has been checking out russia's high city's forests and he's been out they simply to where he indulged in the city's culture. it's. a menacing petersburg stadium and i have to say looking up it looks fabulous everyone watching football you would have a great view. but then i look down and there's no pitch but don't worry that's
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because this is a smart stadium they roll the pitch out and when they need it they're both back in and here is the pitch. just laying there. being through and the way they roll it back in. purchased normal wheels it looks absolutely. spectacular. it takes about ninety minutes each way at the moment the pitchers in the sunshine getting ready to be perfect for the seven games of the be played here and i think the pick of the partners there must be that costa rica gets another shot at brazil and that will come up and told. st petersburg is a fantastic stadium and peter schmeichel and i'm so weak it's find out is that true . when i started to travel around to be eleven zero cities everyone said to me once
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you get think you would see something truly amazing i my first stop the peterhof policy where the soft used to come every summer residence and it's beautiful. and i got the privilege in the sun to know. i think and looks pretty good with the water coming out of it and also i think i did a pretty good job. cause they lived a charmed life i can tell you the. fountains statues. it's so extravagant all the cool all the glitz. that looks precisely like the hotel in sochi where brazil is when they come to st peter's puts in place because if they see this it must feel right at home.
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i'm enjoying my time as a tourist the ground zero hour and first if i have to say it's well worth a visit. one of my favorite musical pieces is not enough second piano. to challenge the foundation is a big football fan happens to be one of the fields asked us from the top on top of being one of the best. in the world would you believe it. in st petersburg. so i've decided to call and say. wow. oh my i just say i used to see him give way pianta i know. yeah. second piano concerto soloist better make him.
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that's what played out for me this is my favorite be the play in the way we play in the. ok. i want to. see you all of it we need to just live.
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i've been saying the numbers mean something they matter to us is over twenty trillion dollars and more than ten white collar crimes happen each day. eighty five percent of the global wealth you longs to the ultra rich eight point six percent market saw a thirty percent rise last year some with four hundred to five hundred three per second per second and bitcoin rose to twenty thousand dollars. china's building two point one billion dollar ai industrial park but don't let the numbers overwhelm. the only numbers you need to remember is one one this will show you can't afford to miss the one and only.
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faced with frustration and dismay for america's allies even members of the g.o.p. donald trump is sticking to his campaign promise to recast washington's trade relations with the world the reaction has been loud and swift only on the verge of a global trade war. hello again now angela merkel is under pressure and made calls to expel the u.s. ambassador to germany it comes after richard grenell who's been in the post for a month now said he's working to strengthen right wing movements in europe. looks deeper into the story. at the beginning of the last century then american president theodore roosevelt said the u.s. diplomat should speak softly and carry a big stick while the current us ambassador to germany he's opted more for shouting loudly and using that stick to smash diplomatic norms have
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a look at what he had to say to the right wing news site breitbart the right lot of conservatives throughout europe who have contacted me to say they're feeling there is a resurgence going on i absolutely want to empower other conservatives throw to europe other leaders while i'm but for the good now is announced himself as the all right cheerleader in chief in europe some people in berlin on top be that such a senior diplomatic figure is involving himself in the day to day running of european politics hiring king officials from me from me united states and maybe needs to be a little bit more careful i cannot imagine that i never never ever but i'm fifty years now and never ever had heard something similar over the last decade this is casting this person should be so not of our country we don't do this in the us and they did do we shouldn't do that. this is horrible and
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the u.s. government this is a shame sorry for that but that's my opinion. he should have been more diplomatic and i believe that the right wing isn't on the right way to be pushing. that's i wouldn't call this incident in german affairs but as a diplomat who should be more neutral. the politicians on the left say the ambassador who's only been in the job for a month should pack his bags and go home and bassett is a representative of their stays and not her political movements u.s. ambassador no however does not behave like a diplomat but more like a far right colonial officer we won't tolerate such behavior it's not hard for her and here it is not only a breach of etiquette it is also a violation of the vienna convention on diplomatic relations there is an article forty one in which it is very clearly stated that ambassadors shall not interfere in internal affairs he has to go because he has broken too much porcelain in germany he has become a real hate figure and that is not a good platform for
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a us ambassador this isn't the first scandal that mr goodell's been involved in just a few days into his tenure the opes german businesses with these comments after washington pulled out of the iran nuclear deal as little trump said u.s. sanctions will target critical sectors of iran's economy german companies doing business in iran should wind down the peroration for mediately ambassador grinnell's brush shoot from the hip style certainly seems to be from the same playbook as president donald trump but he may well find out the hard way that envoys are expected to act and behave in a certain way whether they're at home in d.c. or here in the german capital peter all of. the fifty six mission to the international space station is underway after a soyuz spacecraft lifted off it successfully from the baikonur cosmodrome in kazakhstan the spacecraft is carrying an international crew of three c.b.i.
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assess and it will go into orbit for two days before finally docking with the space station. was at the launch. everyone here at the baikonur cosmodrome is counting down the final seconds before takeoff the crew got to the platform about two hours ago and are now doing their final checks and actually it sounds like liftoff is already about to take place let's watch first second. there's the telltale sound of the engine going off and we can finally see lift off. the play. distance you can really feel that. we just up there with the first stage of the stairs into action and burning
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a couple hundred tons of fuel they will pull away shortly if they haven't already making way for the second and third stage boosters to take over just a few hours before launch we had a chance to see the crew up close and they all seem to be in high spirits and now finally after a long wait and much anticipation dr syrian un chancellor so they get a quote give and alexander groups are all making their way to the international space station for their six month stay now it takes less than ten minutes for them to reach earth's orbit will be for the next two days before they dock with the station on friday now of course once they get there they'll get straight to work conducting hundreds of experiments on the world's first and only zero gravity lab. reports now from the cosmodrome in kazakhstan that's how the news is looking so i thought today we're going to be back with more few as usual and thirty five.
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seemed wrong but all wrong just don't call. me cold yet to stamp out disdain because that's ok and it gains from it because the trail. when so many find themselves worlds apart. just to look for common ground. at the plate for many clubs over the years so i know the game inside. the ball
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isn't only about what happens on the pitch to the final school it's about the passion from the fans it's the age of the super money kill the narrowness and spending to get to the twenty million and one player. it's an experience like nothing else not to because i want to share what i think what i know about the beautiful game played great so will transfer. and thinks it's going to. this is boom bust broadcasting around the world from washington d.c. thanks for hanging out with us i'm bart chilton coming up for today it's been a year since the united states with drew from the earth's climate of war has us
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leaving or hurt or hampered efforts to save the planet from global warming well as tyson slocum the director of public citizens energy program and artist caleb moppin joins us from moscow where he's attending an international forum we'll ask him about tariffs and sanctions and more plus in the wake of the u.s. supreme court decision supporting a colorado bakers decision not to bake a cake for a same sex couple marriage we asked americans lawyers might happen tony what this may mean for other businesses all that straight ahead but first let's get some headlines the hunt is on for sky broadcasting the british culture secretary has allowed twenty first century fox and comcast to pursue bid for the british broadcaster officially kicking off a bidding war fox's bit affectively offered roughly eighteen and a half billion pounds while comcast bid is close to twenty two billion secretary met hancock officially found that the two bids create no concerns with regard to public interest or broadcasting standards sky and its suitors will have to meet
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with officials from the department of culture to finalize details on how the process will proceed mr hancock told parliament that he will insist that any deal preserve sky is a u.k. based news source fox's bid for sky has become a minor political lightning rod in the u.k. the shadow culture secretary tom watson of the labor party responded to secretary hancock in parliament saying quote where the fox does the deal to fail it could leave sky news. isolated from sky and owned by a foreign company with few news interests in the u.k. it's hard to see how that would be in the public interest. and mexico has imposed a twenty five percent tariff on imported u.s. steel a direct and equal response to u.s. president donald trump's action mexico went further hitting a list of products including bourbon cheese ork cranberries and apples with tariffs
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or twenty to twenty five percent of twenty to twenty five percent the mexican interior minister acknowledged that the responses were calculated to create quote unquote political pain saying that is sending a clear message that this sort of thing benefits no one these trade wars and affects us all meanwhile top trump economic advisor larry kudlow said today that on the north american free trade agreement president trump has a preference to actually negotiate with canada and mexico separately mr cupples comments appear to firm up president trump suggested on friday in response to a question about nafta renegotiation that he would pursue separate bilateral agreements with canada and mexico but mr kudlow also said the president's not going to leave nafta sort of hard to figure these guys out right negotiators have reportedly reached agreement only nine of thirty chapters of a revamped nafta in mexico fierce nafta critic leftist andres manuel lopez obrador
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led in a recent poll for the july presidential election by a two to one margin. and turning to the financial crime blotter there are two big stories out of australia one involving commonwealth that's the country's largest bank on monday the nation's finance intelligence agency recommended a fight against commonwealth equal to seven hundred million dollars the penalty is meant to punish and in theory deter lax enforcement of money laundering laws the fine if approved in bure in a bureaucratic review would be the largest corporate civil power. l.t. in australian history and on tuesday australia's competition and consumer commission accused the former heads of the australian branches of deutsche bank and citigroup and a number of their colleagues of a of cartel conduct with regard to a twenty fifteen capital raise for a.n.z. bank australia's financial sector has been in the spotlight for a year related to a public misconduct inquiry which is uncovered many instances of unlawful behavior
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. a year ago june first president trump said he would exit the paris climate agreement at that time many of the largest u.s. companies said that they would stick with it and do their part to reduce global warming and help save the planet there is that and here a year later what's the status gladys we turn to the energy expert tyson slocum the director of public citizens energy program tyson thank you as always for being with us we really do appreciate it yeah great to be here ok so have they kept their deal some of the we talk about a lot of times on this program at poll and wal-mart g.m. and others that are doing things with regard to renewables but in large part are the corporations u.s. corporations doing their part to continue with the agreement the paris climate agreement yes some of them are i mean half of the fortune five hundred companies
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have some sort of either sustainability or renewable energy pledge that they are hearing too and so what we're seeing across the country is a big driver of renewable deployment in the united states is corporate procurement and so whether it's i.t. related companies like apple and amazon and microsoft that have big power intensive server farms whether it's big box retailers like wal-mart and others that are doing some of these installations on their own properties or. or if it's consumer facing companies that are. concerned about consumer preferences for clean energy and sustainability so they're making pledges so we're definitely seeing more and more corporations go into the marketplace and and produce or procure electricity to not only meet some of their social obligations but also because it's the least cost option as well when you talk about you know when you say the word procurement that
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really means that they are looking at it from a business perspective and you talked about the drivers what are the other drivers that businesses are looking at when they're making for current decisions in favor of renewables right so it's the availability of some of the products like power purchase agreements or being able to do on site generation but also a big driver here is the fact that twenty nine us states and the district of columbia have mandates that utilities and other entities produce or procure a certain amount of their electricity and so what that does is it drives a whole secondary market of what's known as renewable electricity credits and that is a big financial tool that a lot of companies are getting to make renewable deployment even more economical and we've talked about this before and i don't want to get into it now but about the whole carbon credits and trading and i blubbed that stuff i think it's the way to it way to go when europe's done it but not doing it enough they're doing it but
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not enough in the u.s. now we talk about energy on the program in particular crude oil we talked last week because crude had risen so much although it's taken a slide in recent days. it looks like coming up at the opec meeting that both saudi arabia both opec including saudi arabia the largest producer and russia who has joined in the production cut will go ahead and get rid of that production cut will remains to be seen but that could add pressure on for a lowering or oil prices with more production u.s. is producing it's a little bit of apples and oranges but will that have been a business impact on some of these companies that are making a decision now based upon finances to go with renewables or is it really sort of separate i think it's separate when we're talking about wind and solar about's for electricity production and electricity is one big component of energy the other is transportation and right now in the united states the vast majority of our
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transportation sector is fueled by petroleum so when oil prices are higher you see a bigger market incentive for larger electric vehicle penetration for companies like tesla but as prices start to ease you're going to see less folks clamoring for electric vehicles when you're looking at solar and wind except for in what we're talking with these big companies that are making these procurement the decisions. they look their complaint petition is really against what coal and nuclear for electricity right and natural gas yes ok now that you're going to fill me and the all the boom busters in washington because i read a story not long ago about the u.s. government i'm not sure if it was a deal we are for her all of the above that are talking about mandating the purchase of fossil fuels and nuclear by companies or what's the deal with that unfortunately you heard right so last week donald trump issued
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a directive to his energy secretary former texas governor rick perry to explore all options to force consumers and taxpayers to bail out an economic nucular and coal fired power. clients this is an asinine proposal that could cost hundreds of billions of dollars and it's going completely against what we're seeing in the marketplace what we're seeing in the marketplace right now is huge deployment of renewables because increasingly they are the least cost option in power markets and so what you're seeing now is some politically connected companies like first energy like murray energy and some nucular companies like exxon are using their connections to the trumpet ministration to turn back what we're seeing in the marketplace and force massive government intervention you know i don't know it's crazy but i can imagine a critic saying well wait a minute barr you like when some subsidies might support renewable sorts of fuels
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like like ethanol except which are essentially subsidies to corn producers corn farmers so what's the deal the president decides he likes coal what's the difference what i think the differences look i'm sensitive to displaced workers all the folks that work in coal country that are losing their jobs because coal has been displaced and out competed by natural gas and renewables but bailing out an economic power plants is not the way to save those jobs instead reinvesting in those communities to have them be the centers of you know solar photovoltaic manufacturing or wind turban manufacturing that's going to be the solution here we have to understand that we're in the middle of disruptive changes in the energy industry being driven by these technological innovations particularly in renewable energy bailing out these an economic power plants and forcing consumers to pick up the tab is not the right strategy we are always more informed and you make us
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question more and we do that a lot here tyson slocum director of public citizens energy thank you sir it's my pleasure. and time now for a quick break but hang here because when we return we go to moscow where our t. correspondent caleb moore up and spoke earlier at the global operates and we ask him about some of the international reaction to tariffs and sanctions plus we'll be joined by america's wire might happen tonio to drill down on yesterday's ruling by the u.s. supreme court supporting all rattled bakers decision to not vacate for a same sex marriage what might it mean for other businesses we'll find out as we go to break here are the numbers at the closing bell bitcoin is up slightly today.
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faced with frustration and dismay for america's allies even members of the g.o.p. donald trump is sticking to his campaign promise to recast washington's trade relations with the world the reaction has been loud in swift only on the verge of a global trade war. is a. secret indeed for the priests accused of sexually abusing children can get away with it literally i like to call this the do graphic solution so what the bishop needs to do then he finds out that the priest is is a perpetrator is simply moves him to a different spot where the previous. highest ranks of the catholic church help conceal the accused priests from the police and justice system to that end of that's known as the i and then i include.

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