hundreds of years of seeing that it's a problem that needs to be solved when to keep an eye on it we appreciate folks like you speaking out will try to do our part here a boom bust professor richard wall of investor economics america's university of massachusetts and earth were in your debt sir thanks kindly for your time thank you . and we mention the united nations report with the professor the report looks at poverty in the united states r t correspondent on your part bill looks not only at the report but at some of the reactions surrounding its recent release. for fifteen days in december two thousand and seventeen professor philip alston the un special rapporteur tor on extreme poverty and human rights traveled to the united states in order to quote evaluate and report to the human rights council on the extent to which the government's policies and programs aimed at addressing extreme poverty are consistent with its human rights obligations his findings paint

a dire picture of life in the us the report states that a staggering forty million americans live in poverty eighteen point five million in extreme poverty and a whopping five point three million americans toil under third world conditions characterized as absolute poverty of the thirty five member states in the organization for economic cooperation and development the report finds the united states has the highest youth unemployment rate and highest infant mortality rate among comparable countries the us also has one of the lowest voter registration levels in the o.e.c.d. the report reads quote its citizens live shorter and sicker lives compared to those living in all other ridged democracies are radical tropical diseases are increasingly prevalent and it has the world's highest incarceration rate and the highest obesity levels in the developed world professor alston's conclusions have drawn a harsh response from members of the trumpet ministration us ambassador to the un

nikki haley wrote in a letter to senator bernie sanders of vermont quote it is patently ridiculous for the united nations to examine poverty in america the special repertoire wasted the un's time and resources deflecting attention from the world's worst human rights abusers and who can sing instead on the wealthiest and freest country in the world and haley may have a point about the united states being one of the wealthiest countries in the world it just so happens that the vast majority of the nation's wealth is hoarded by an ever shrinking elite in march of this year for example amazon c.e.o. jeff bezos amassed an estimate. a net worth of one hundred twenty seven billion dollars and that amount is equal to the combined wealth of the two point three million poorest americans and november two thousand and seventeen a report by the institute for policy studies found the three richest americans bezos bill gates and warren buffett were worth two hundred forty eight billion dollars combined that number is equal to the wealth of one hundred sixty million

americans who make up the bottom half of the country's population when measured in dollars following the report's release senator sanders in one thousand other members of congress sent a letter to the trumpet ministration urging him to address the growing poverty rates the letter says trump's one point five billion dollars in tax cut signed into law last year quote overwhelmingly benefited the wealthy and worsened inequality and while many headlines concerning the report emphasized the trump administration's role in exacerbating poverty professor alston makes this important note successive administrations including the current one have determinately rejected the idea that economic and social rights are full fledged human rights meaning if you're poor in the united states your government has never seen you as a priority in washington on your part phil r.t. .

time now for a super fast break but stay calls because when we get back the c.e.o. of straw mark are from the zero report which tells us about the wealthiest nations not including the u.s. and the poorest nations around the globe plus are to correspond a trinity as does the picture i would florida for a special report on the wealthiest zip code and on the other end of the spectrum market course one of their own looks at the more on fortunately and it analyzes poverty united states notably even here in the gilded capital that it can right here will be back in one. kaiser's by the actual survival. when customers go by you reduce the price. didn't help well reduce some lower. that's undercutting but what's good for food markets is not good for the global economy. donald trump will soon

visit europe has a very busy agenda and it's unclear what kind of reception people get topping his i ten or where he will be trade relations nato and russia never before has an american president been expected with so much henchmen. twenty forty you know bloody revolution. demonstrations going from being relatively peaceful political protests to be increasingly violent revolution is always spontaneous or is it you know we're here to put a premium you know let's put a pretty good clue in the new bill is that i do believe it or the former ukrainian president recalls the events of twenty fourteen. those who took. you've invested over five billion dollars to assist ukraine in these an article that will ensure a secure and prosperous and democratic.

and now we take a more global view about inequality from a national perspective to help us along we are joined by the c.e.o. of dr marc our friend henry ford which it's great of you to be with us thank you so much now tell me tell all of whom busters about what are the wealthiest nations and sort of the poorest nations and let's just take g.d.p. by g.d.p. right a great to be about thank you so the wealthiest nations are outside of the u.s. that is china germany japan and closely followed by the u.k. the poorest nation actually probably not many of our viewers have maybe even heard all about tuvalu which used to be former ellis island and the polynesian islands but the poorest nations are actually a lot of the former communist countries and sub-saharan africa and then good and then in the middle east the big bright star of course is saudi arabia ok and. if you look at growth rates in the different regions you know they sure. how are they

looking from the growth rates going forward yes some of the hot spots coming up actually there are some of the emerging nations and then there are just growth rates so one of the most outstanding growth rates that continues as outpaced all nations actually is australia and that's really due to their. really and immigration policies to get into australia i mean you have to have a certain network you have to come with certain skills they have not been stupid about that and most importantly they had a mining boom where they were mining coal and iron ore that they were shipping to all the factories in the nation so there's a great growth rate some of the emerging nations where there's a men's growth are you got the from the. in the pacific basically all the countries right when you have argentina you have indonesia india india is projected to have a seven percent growth rate seven point nine next year yes and then actually you know they overtook china by just two percentage or two points that dense of a percent exactly yes they did yes and it is in india and that's

a lot of that and everybody of course in the u.k. we think that is because they can speak english but they've actually been a have a lot of those outsourcing call centers but a lot of global business they've always had a very global outlook on the fiscal stimulus has been as a also very smart but also as you jim o'neill the former chairman of morgan stanley in two thousand and one he used to call them the bric nations and that was brazil russia india china and sub-saharan africa i think over the emerging nations in sub-saharan africa is somewhat to look because of course there's a great percentage opportunity for growth and a lot of the the role commodities which are more in demand now it's very interesting we did some the other day on australia which hasn't been in recession you know twenty five years or so but beyond is that any developed nation so our history really went out and even the netherlands crazy crazy us i guess is pretty difficult to predict what's going on given the current circumstance. but you know what sort of trends you see there in the desert leave it were you know i think of

trade was on healthy but i think there's going to be an evening out i think the one thing that's concerning globally in terms of inequality is the tremendous gap actually in skills skilled labor the good news is inequality actually is the lowest it's been since one thousand nine hundred one it pete forty four percent of the world was below. abject positive positive level in eighty one do you know it's less than ten percent today so that's actually good news in terms of inequality but the inequality is with in nations there's this technology gap between skilled labor and unskilled labor and that actually accounts for a lot of the nationalistic vote a populist vote like breaks it in the u.k. populism vote here in the u.s. do to try to trump and that's what's accounted for inequality inside of nations is actually more concerning than global inequality super interest to me ask you for a go the you know when you're when you're don't have a good economy it leads to all sorts of. including terrorism on roast and everything yes if you look around the world what are the real slow g.d.p.

countries that we you know heaven forbid predict any problems in those countries and what are the ones that sort of stick out to you well i mean obviously i mean we had a disaster in syria and that's been a lot of course because of the drought i'm so i think you could actually global warming trends have affected some of that and it's really obviously in the middle east where you have colliding factors i think robust employment begets robust economies and therefore of course robust stability instability if you think about many years ago in the sixty's those instability in northern ireland why the economy was disastrous now the northern irish economy is strong and that keeps stability so i would think anywhere where there's abject poverty and that will be places in the middle east so you have strong mark word for which thank you for coming in your labor market absolutely anytime.

one might ask where is the the definitively wealthiest place in the united states well our to correspondent treaty charges looked and went there for the special report that really hills nine zero two one zero used to be america's most recognizable zip code but that's all changing now america's richest code is based on an island word so exclusive you need an invitation to get there in a recent analysis of iris data bloomberg found the wealthiest of codes in america and the number one spot may shock you. it's called fisher island zip code three three one zero nine once privately owned by william vanderbilt the second the island is located just off the coast of miami and is now a haven for the world's richest only accessible by boat or helicopter the two hundred sixteen acre manmade island has a mix of condos and private homes not to mention a vast array of amenities you come to fish island and you literally can stay here for three months without having to leave the island so we have about eighteen

amenities from the reno house to seven restaurants to eighteen tennis courts four different surfaces on tennis courts a great golf club we have an amazing. as you have seen and the beautiful beach club environment so we have private beaches we have a private school so this is an ideal environment for families who want to come here who want to raise their children there are about five hundred residents ranging from royalty to professional athletes to business executives and while only about twenty percent of them reside on the island full time. if the island's exclusivity that attracts people from all over the world we have about thirty seven different nationalities and fish. we have about fifty percent u.s. twenty five percent is from south america we have a lot of russian. of course. that you

can truly call home and it has pretty much all the ingredients that. reflect that if you want whose income bracket the average income for fisher island members was a whopping two want to half a million dollars in two thousand and fifteen that's one million dollars more than the second placed spot held by zip code nine four zero two seven in silicon valley meanwhile new york represents a quarter of the top one percent of households nationwide and california accounts for eighty five percent of the riches that codes in the west but while neighborhoods in the new york tri state area and california make up the majority of the top riches the codes in america the favorable tax structures in florida and wyoming are drawing the wealthy to according to the report since two thousand and ten the average income in most wilson road wyoming has increased more than seventy five percent making it the fourteenth which is zip code in the country and then of course the south is home to the richest code in all of america fisher island now in

order to live on fisher island and you do have to pay a membership fee of a quarter million dollars and nothing including the annual that comes after that but you don't have to be a millionaire to enjoy this luxurious place they do have a hotel on the property and they welcome everyone from around the world. sure i'll introduce each other. while wealth inequality may be seen by some as a regional thing it's actually a nationwide issue even in some places you may not expect our to correspondent dan cohen gives us a closer look at wealth inequality in the district of columbia. the united states has long portrayed itself as a land of opportunity and upward mobility for all peoples but with scenes of homelessness and despair like this popping up all over the country it's an

increasingly difficult claim to make income inequality in the united states is at its highest since one thousand nine hundred twenty eight just before the great depression the top one percent now owns a staggering forty percent of the country's wealth the poorest zip codes in the united states are in rural areas of pennsylvania oregon ohio and arizona they all have an average income under fifteen thousand dollars per year while income inequality is visible across the united states its most extreme in the nation's capital washington d.c. the median annual income of black residents of the district is thirty seven thousand eight hundred ninety one dollars just thirty percent of the median white income at one hundred twenty seven thousand three hundred sixty nine dollars in the streets of the district it's obvious that there are huge amounts of wealth just across the anacostia river in the southeastern part of the district the disparity is glaring and twenty fifteen mayor muriel bals are unveiled her plan to address

income inequality and poverty with her pathway to the middle class program community activist skyla pondexter more lives in public housing in ward eight the poorest in the district she says bowzer is program has been a fig leaf for giveaways to private developers and corporations i believe that this income gap in this is all that the way out she was doing it back just phasing us out i believe she thinks happy to have to just get rid of all of the income people think about all of this and get the most of us by the law going to japan south of the city or have innocently gentrification has devastated d.c.'s african-american population in thousand one. in seventy one african-americans accounted for seventy one percent of washington's population struggling to cope with increasing costs of living and lack of employment opportunities twenty sixteen

the percentage of african-americans in the district fell below fifty percent but moore says local investment can benefit the community if you give people the resources and help them wrap around then we can really start to close this gap and that wipe us out will need to bring in people who get money we can be to people get money you got to bring in a trader joe's going out with expensive housing and corporate chains like starbucks under construction and mayor bows are likely to win reelection later this year the same policies that led to such inequality are likely to persist reporting for boom bust r.t. . that's it for this time we appreciate you joining us on what's an incredibly important issue catch boom bust on direct t.v. channel three twenty one dish network channel two eighty or streaming twenty four

seven on. t.v. after channel one thirty two or as always check us out at youtube dot com pleasure r t c a later. you. join me every thursday on the alex salmond show and i'll be speaking to us from the world of politics. i'm showbusiness i'll see you then. and out of our what are the how can other than our good luck though that the not out of the mouth of the mahdi the day of the nightmare if you mean. this was a good time to. try to move the rhyme job of myanmar.

down want to get out a little funny not for nor against our son or ex chanting in the hall people we believe just a little bit here. bottom of my kids i don't want them up a side johnny boy are you the moment i thought of mother having a little accuser there were a lot of money on the way to my building looking at the pimp i don't want to put out a lot more party without all the more the world that it. i think. he's.

a little i don't know yet i don't know i think it was. the stage is decided on the lineup for the world cup quarterfinals is set to kick off on friday. colombia switzerland out of the competition england and sweden through to the next round with fans of course take static at the way. i thought it a moment for the world news headline this wednesday on independence day just how

proud are americans to be american. now suggest critism may be losing its. looks so separate it now instead of being united i'm in that category an extremely . good morning this is r t just turned eleven am going into the fourth of july here in moscow my name is kevin owen all have all your world headlines news just a little bit later on first though football h.q. some petersburg stylee to catch up with all things world cup as ever so game over to tell you hawkins nice rally want to go yes. that's right. we're in. russia's northern gabs and st petersburg are right behind the average museum i was the football though what it was last night and what a party this morning for the england fans in russia and back home no doubt as well these are yeah the last sixteen stage having wrapped up yesterday and now the

tournament is stepping up a gear getting into the really serious business the last eight teams are now set to play in the quarter finals of the world cup we couldn't be more excited to be covering it. going up to sion is really heating up now some spectacular football lies ahead or go i go head to head with france brazil face belgium on friday what a full bonanza that is going to be on saturday all eyes here will be on the hosts russia in their clash with croatia and not forgetting as well sweden against england playing the same day yet everything to play for still kind of past games in this tournament there any indication plenty of mail biting and people enjoy the season as we were last night of course in that cafe watching that penalty shoot out yeah really dramatic yesterday and you know it was indicative of the last sixteen

rout so many dramatic games from real classics that we live on and welcome history for years to come now the last eight will see most of the action moving to the south of the country the russia croatia match will be played in sochi it would be an understatement to say that anticipation is already building up to that game biggest country in the world is already getting ready to root for the home so you have a surprise for the host of course to get this far many people didn't expect russia to even get out of the group initially and here they are at the quarterfinals a record from one russia at least the football team of the last twenty five years it's really set the tone here many wondered will the party carry on. you know after russia qualify from the group or on knocked out by spain i don't think many would have expected them to get through the quarter finals but the atmosphere in moscow st petersburg all the host cities in fact is really absolutely have to do you really have to be here i think to see what it's really like fantastic atmosphere

and i think that's been key the fact that russia has done so well and gone farce really engaged all the russian people and everyone here and helped them to really get into the spirit of the tournament now. be a match that was played in moscow yesterday that wraps up the last sixteen states and have everyone on the edge of their seats with england eventually winning four three penalties absolutely the highlights of that game brought the final team england to the quarterfinals. thank you.

i. thank you. and notional game we played well are lucky if they can see the last minute we carried on you know we stuck together and i was a motion for fairness open issue out it's always difficult emotions. so proud of. proud of each other and proud. because we made a great effort now it's time to raise our heads and prepare for what's next but you know it's painful we did all we could for colombia. now what our top

pundit jose marino thought about the colombia encounter. well i think the positive thinking of the big game or most teams. was amazingly community is becoming like almost the big three arctic for almost every team in the world cup english is the colombian players they gave everything for one hundred twenty minutes they should we really exhausted after. such an intense match there should be more from our point of view because the motions. in that game are negative or the fact i don't think you're going to be the lead in and i'm not just speaking about english and. i'm speaking about almost all of them by dana point of view the most important thing is to compete in the quarterfinals great

job and people. even control calls on the quality of the team you feel you should follow along that forming anything at. all. can we change the rules of the competition so we're going to read them in the quarterfinals and having for the finals. russia croatia say that england has a golden chance to be in the world cup final now all eyes are on england caps and hurricane of course to school that the initial winning opening goal long before it went to penalties didn't go easily off the difference and now it was always a tension. and i mean long might just you know not see it might blow it and you know we have seen that in the past twenty months england perhaps not being able to deal with the pressure on a tall man like this but that goal that's hurricanes sick call here at the world cup it's pushed him to the top of the race for the golden boot as the wall cups top

score and even an england fans of course are rotted and the joy as you might expect of course jubilation and also visible relief. now following england's win in the huge success of the wild card here in russia twenty eighteen south many back home in england are lashing out at the u.k. government stance on the event and directing much of their anger at the british foreign secretary parts johnson. to the world cup this july. this summer i think it will be very difficult to imagine that u.k.

representation a document could go ahead in the normal way it. isn't it time you call a german. for tellin him friends not to go to russia and to thing that clown boris johnson wanted to prove england out of the world cup can you imagine how many more england fans could have been there to enjoy it before it johnson and the u.k. media had not been so it's well boris johnson and theresa may advise brits to

boycott russia's world cup so they have no one to blame except boris and it's a reason why you b.b.c. world b.b.c. breaking in boris johnson don't forgive russia for winning the rights to host twenty two world cup politics in football are two different things i'm sure england football fans are enjoying world cup in russia despite bad publicize from. now when i was in moscow i managed to speak soon several england fans including robbie lawyer from austin science even prominent and influential a blogger and what he was saying he spoke to so many england fans back home through a furious with all their friends ahead on whatsapp on instagram on snap chat showing how much of the time they're having and now that those fans want to come enjoy the finding flights are a bit more expensive and it's hard to get tickets so there is quite a significant amount of anger of people from people who feel that they've been perhaps misled dreams of what they see this.