tv Boom Bust RT August 4, 2018 8:30am-9:00am EDT
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seems like america has already decided what the key issue in the upcoming vote will be and it's not going to be perceived russian influence as some outlets would like you to believe it's going to be the donald but keep in mind he won't actually be anywhere on the ballot these are mid-term congressional elections but regardless the way american politics is developing it seems like the upcoming vote in november will be a referendum on one man he will mop and art see new york. one palestinians being killed and over two hundred injured in the latest and rest of the israeli border the health ministry in gaza claims that almost one hundred of the injured were wounded by israeli defense forces a campaign to protest israeli occupation of palestinian territories been going on for over four months. in this ten code reset as this latest report from the front line. whoa crowd down. there was.
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no ok i'm standing here one hundred meters away from the sunset separates gaza strip with israel and as you see thousands of palestinian protesters continue to participate in the great march of return. for more than nineteen weeks as you see the palestinian protesters have been burning tires to blur the vision of days or any snipers. and suzanne intensively intensively the israeli forces are fine tear gas canisters on the palestinian protesters and it's very very close from where we're standing. and we just heard a lot of ammunition that was targeted on the protesters ok that was very loud and very close for us this is the person who was targeted by the live ammunition we heard just right now. the crew. caught.
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up. with. the crew. thousands of palestinian protesters are suffocating from the tear gas fired by the israeli forces on the. paramedic was shot and the legs just see what it's like what major always. will fire from us. as you see the palestinian prime minister trying to rescue all the palestinian was injured by that is ready cypress and as you see it the pyre minix successfully had that timed out to get at that light late this injured from the live ammunition from the front line of the. i don't know if you're going to only have real border going to.
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this but everything's despite the tear gas. fired tear gas despite that your gastro that's right you guys and despite the snipers that shoot live ammunition on the palestinian protesters journalists and paramedics the palestinians continue to protest east gaza strip along the fence in five different locations in the gaza strip the idea of says it respond to the coding to standard procedures it claims the measures were prompted by the presence of more than eight thousand violent riots as it is described the friday saw the nineteenth great march of rights and rally them since they began in march but political science professor says israel is guilty of using disproportionate force. as a matter of fact the israeli are using the life i mention all over the place not only in gaza whatever it's comes to the palestinians a confrontation usually they use the life motion most of the times sometimes they use their bullets but mainly in geza it's organized by
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a lot of busting in factions or of palestinian factions and it is representing the palestinian whether to go nearer to their borders and to to clean their right of return back to their own homes which was a land which was taken from them in one thousand forty eight and then on the other hand busy but are seen as having nothing at all what do you mean by guides is the israeli have if sixteen and thirty five and they have tanks they have a killer if they have everything and they have seen have kites this is absolutely unmatch had despite recent positive changes women's rights so once again the spotlight in saudi arabia will discuss that in detail.
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disinflation very little inflation for decades interest rates have gone down for thirty years markets have rallied for thirty years now the whole thing is reversing interest rates are going up so is inflation so we'll see how that plays out if wages rise faster than inflation. such that trying to wonder if wages don't rise as fast as. we get from.
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russia's foreign ministry says the evacuation of the white helmets from syria shows that the controversial rescue group turned out to be quote foreign agents working in anti syrian interests for huge amounts of money the white helmet so being praised in the west for their involvement with rescue operations in syria they work mostly on the territories occupied by anti-government forces and terrorist groups but with those elements largely defeated now the white helmets feared persecution and were evacuated by israel recently to western countries the group has been enjoying funds from the u.s. and its nato allies but critics point to multiple controversies surrounding the white helmets among other instances the senate executions and even waving terrorist flags with jihadists civilians on the ground in syria have also brought forth damning evidence against.
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debbie at all you saw with no they would bring cameras and explosives something to destroy for example this building here that find people in the streets and promised the money or food to say whatever they needed. to syrian first responders who risked their lives to say about theirs in war torn aleppo the face of on relenting brutality heroes have emerged. tough to tell and yet whenever food aid was brought into the white helmets and the rebels would take it all for themselves they give us nothing not even bread. they have all chosen to risk their lives to save others.
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when you see the tell the truth when we go out to buy food we see them if there was a collapsed building off drugs shelling they cooled off the area and save rebel fighters people they cared about they would leave the civilians the same happened not far from here a building was destroyed in shelling and they came just to pull their own out as usual they lift civilians. we've been able to get these brave people and their families out of syria after the extraordinary work they've done saving lives the white helmets the nice people they held the rebels only did in save civilians the locals out for rebels. so a lot of allegations on the face of it most of artes going underground she returned
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he put them direct to the head of that controversial group. tell me about. the can each the boy whose photos were awards he was covered in dust and the white helmets bordley saved his life. the truth is as you know i'm running definitions home was bombed and he was extracted by our teams from under the rubble we did not photograph in the sort of the photograph that was published was not to the white helmets but a journalistic reporter we saved him and his brother who stayed in hospital for several months until he recovered we were surprised at the way he was used and exploited by the russian government to speak in the media. that me she's father been given the safety and been taken to a safe place he would have spoken differently than he did under the threats of the syrian regime he knows well that's we saved his son and his brother who stayed in hospital for several months until his full recovery because mother. told us
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actually the photograph was used to reach lloyd with regard to the way helmets they primarily work with the press it's a professional tool they are using we had a pulitzer prize winning journalist seymour hersh on the program telling us the way the helmets were a propaganda organization in truth a man's father is obliged to speak in that way and he's not in total safety under the regime that has announced the assassination of eleven thousand convicts in the prisons over the last few weeks alone he is obliged to speak that way and i understand his position however we know that we have fulfilled our duty when we rescued his two sons from under the rubble after they were bombed by the syrian regime this is our duty and we do not expect thanks from anybody for fulfilling our duty towards our own people in syria as for the other journalists i don't know who they are the journalist that you are referring to those who have come up with such talk unless they are part of those journalists that create propaganda against the white helmets which have become known by the name we do not feel the need to respond to them because they are aware of the fact that they are lying and we know
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that they are lying. welcome to the full interview will be aired throat today here on out international and it'll be available later on our site r.t. dot com and also our you tube channel if you want to check it out further. this morning eighteen people died after a helicopter carrying all workers crashed in the new jaska region in siberia the russian made helicopter came down shortly after takeoff from a place called it got a it exploded on impact fifteen or workers and three crew were on board authorities say collided with cargo that was suspended under a second helicopter emergency teams have recovered the flight recorders from the wreckage. human rights watch and amnesty international reporting that two prominent women's rights activists have been arrested in saudi arabia the arrests of some arpad there are we and the sea mouse to die a signal that the saudi authorities see any peaceful dissent whether past or present as a threat to their autocratic rule this unprecedented level of persecution of human
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rights defenders in saudi arabia is a disturbing sign that the crackdown is far from over the rest of the activists are protesting against laws which compel women to get permission from men to study to marry or to travel abroad in a similar sutter's a long time campaigner for women's and shia minority rights the other arrested activist this summer but also a veteran activist for women's rights in saudi arabia her brother rife instantly is also a dissident and activist who serving a ten year jail term for insulting islam online you may recall some i received these twenty twelve international women of courage award from then u.s. secretary of state hillary clinton. you are a human rights activist a monitor of human rights in your country of saudi arabia one
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thousand saudi government began cracking down on women's rights activists just over two months ago now the official reasons for the latest arrests are all known but previous detainees have been accused of having suspicious contacts with foreign entities but then saudi officials have warned that further arrests could be carried out as the investigation proceeded even so saudi crown prince is eager to show a different side promising reforms and even recently lifting the ban on women driving vehicles also the staff of the u.n. human rights commission his office have grave concerns over these crackdown. we are concerned about the continuing arrests and our parents apparently arbitrary detentions of human rights defenders and activists in saudi arabia including women's rights activists since the fifteenth of me at least fifteen government critics were detained we understand that eight of them were later temporarily released until the completion of their procedural review political activist medea
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benjamin believes that saudi arabia has got his own leverage over the u.n. . can see old pictures of somewhere else but with michelle obama hillary clinton and she was celebrated in the state department now that she's arrested we don't hear anything from the state department calling out the saudi government for this terrible act of arresting her for absolutely nothing so we have seen a crackdown in recent months on human rights activists women activists and this is another example of what a nip it is that the crown prince's a reformer because he is sending the message to the saudi women you will not get any changes by your grassroots activism i am the only one that will decide every time the un does something to speak out against abuses in saudi arabia so the arabia then turns around and blackmails the united nations saying we will stop giving you money let's face it it's
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a very wealthy country from all of the oil that it sells and it uses its wealth to not only by friends and by silence around governments like the united states but to buy silence at the united nations. the new york times new tech and it is facing a backlash of a comment she made on twitter sarah jones accused of posting racist messages dating several years although she has since deleted some of them critics of even accuse the newspaper no double standards over it. oh man it is kind of sick how much joy i get out of being cruel to old white man. you must be so boring to be white council white people. democrats have redefined racism precisely so people like sarah jong can say racist
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things and still get jobs at the new york times would the new york times be so forgiving if white was replaced with black new york times i am an older white guy and you find it ok with sarah jong inflammatory racist comments to be just fine shame on your double standards. sarah and the stance that this type of rhetoric is not acceptable of the times and we are confident that she will be an important voice for the editorial board moving forward. its rector of the blockbuster guardians of the galaxy movies james dunn was just fired after offensive tweets dating from two thousand and eight i guess. today a.b.c. stepped up did the right thing canceling the hit reboot of roseanne after the star
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of the show roseanne barr doing something so boring i wish i didn't have to repeat it. all you have to do is take these tweets that she said and change it to no change it to black or even just say when men in the place of whites and people would have burned the new york. times down over the fact that they were defending her behavior of course there's a double standard what i'm asking for is not that we burn any buildings down not that we fire everyone but that we come to terms with a neutral standard that everyone can adhere to and that everyone can comply with what she said shouldn't be allowed merely because
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the targeted group is the racial majority we should never be encouraging people and certainly not at the wall at the new york times to use racial categorizations as a basis for casting aspersions we should never do that black white or brown and attend to in the way they want to most of the time a leader without thought those were the stories upon the heads of this side of the fourth of august kevin i would say thanks so much.
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does this is harlan kentucky. we've always moved them places you can go three families leave. a co money city with almost no coal mines left. the jobs are gone all the coal was just. there was a lot of to see these people the survivors of disappearing before their eyes. i remember thinking when i was younger that if anything ever happened to the coal mines here and that it would become a ghost town but i never thought in a million years i would see that and it's how it's happened. so what we've got to do is identify the threats that we have it's crazy confrontation let it be an arms race based on often spearing dramatic development only personally i'm going to resist i don't see how that strategy will be
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successful very critical of time time to sit down and talk. join me every first week on the alex simon show and i'll be speaking to guest of the world of politics sports business i'm show business i'll see you there. this is boom bust broadcasting around the world i'm far children thanks for being on board coming up the other day i sat down with the father of financial futures dr richard land or was embarking on a new and innovative project that will address these scandals and manipulation of
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interest rates over the past decade it's called a mirror of war and that energy was coming right up after headlines plus eminent economists richard wolffe weighs in on immigration is donald trump daughter of calls the immigration bill lowest point of the trumpet ministrations and with all the trade wars going on is donald trump trying to reshape american industry or go back to the future i'll ask steve small bird and fred kaufman offer a bet the farm house foodstuff think buddhist back with me to talk about get this produced in a test tube some things never cease to amaze look at all that but first we had a few headlines. the trump administration has announced their long expected plan to curtail fuel efficiency standard of brueggemann for future years that were enacted by the obama administration to reduce greenhouse gas emissions and improve public health and substantially reduce pressure on automakers to make such improvements the rule affectively obstructs a twenty twelve rule that would have pushed the standard to fifty four mpg by
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twenty twenty five the proposed rule was officially published by the trump environmental protection agency yesterday and is out for a sixty day comment period if adopted the rule would freeze the so-called cafe standards that corporate average fuel economy standards in place at thirty seven miles per gallon in twenty twenty one barring any other further improvement through twenty twenty six there will also officially start of the trumpet ministrations legal assault. in the state of california climates paul climate policy by revoking an obama era waiver that allowed the state to set their own carbon dioxide fuel economy standards at a higher level than the federal standards and we spoke on a program about these important policy financial matters in the past and will do so again in the coming days the old advertising slogan for a visa it's everywhere you want to be won't ring is true if a plan by the largest u.s. supermarket goes forward later this month we all know about those pesky swipe fees
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that credit card companies charge vendors and how they are a constant source of friction well now those tensions are developing into an open conflict between the a because these a corporation and the largest u.s. supermarket chain by revenue kroger the cincinnati ohio based kroger corporation says that they will no longer accept payments made with visa cards at therefore less food stores in california after august fourteenth they are also considering or perhaps threatening is a more appropriate word to broaden the number of stores outside of california if visa doesn't show more flexibility on fees at the food for less stores a kroger spokes person reportedly said quote it's pretty clear we need to move down this path and if we have to expand we're prepared to take that step then pay an estimated annual total of ninety billion dollars in swipe fees to credit card companies.
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if you're a regular boom buster you heard us discuss the libel or scandal that's the london interbank offered rate and the live war rate impacts really just about everything anyone on the planet purchases on credit from a whole mortgage to an auto loan to a student loan and that libre rate was manipulated multiple times and attempts to manipulate it went on hundreds of times over the years and i was part of the investigation of my old commissioner job at the commodity futures trading commission it started while i was there and we did a lot of good in a bad circumstance to getting it stopped but some has questioned why banks all over the planet need to be held essentially hostage to this hope this one interest rate the benchmark from london well now u.s. mid-sized banks are no longer in that category discusses dr richard sandor who's been a great historian or in all of these things financial invented by nanteuil derivatives financial products back over the years and he started what's called a mirror
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a bore richard thank you so much for being with us part you know weeds great to be with you now tell us about america for it you're working it out of chicago how are you doing so far we're doing very well we started with six banks were up to ninety five members with the combined essence of one point three trade in bart you're always a charm for me we're having a record we trading about nine hundred million dollars a day from ten million dollars. we have eighty one banks and fourteen. non banks insurance companies hedge funds private equity broker dealers f c m's or all competitively bid being an offering. overnight funds and it's all transparent it's regulated without partners
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cboe who runs the board options exchange of goggle board options exchange we wanted to create a transparent regulated competitively determined benchmark that everybody would think was fair and represented the real cost of money it looks like you're well on your way and being from chicago it makes me think about all the everett dirksen quote you know a billion here a billion there it starts to be real money you know nine hundred million is certainly a lot particularly from whence you started is that enough at this point for banks to actually rely upon it or is this still in a period where they want to see a little bit more liquidity a little more volume we are getting close to the answer you know a bar that i feel like sis if it's rolling this stone up. and waiting if it to christ down but where where that tipping point now in the reason that as i
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mentioned to you before the show we're on a p.r. two we're now we get hit in chicago we didn't want to really represent that thought we wanted to represent a concrete number that was out there and have it competitively determined so where are probably six to nine months away from critical mass if we hit it the fourth quarter which is our goal of a billion a day will be there and then we'll launch futures options e.t.f. so all of the e.t.f. so my got all of the complementary related products a product suite for america and yes untasted no let me ask you i just said midsize banks but i don't know if your if it if you it's appropriate to ask you some names but sort of what are the mid-size banks what sort of a. level of banks are we talking about and what are some of the names associated
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yeah we're talking about anybody less than two hundred fifty begin so we're interested in the six thousand small banks they disproportionately lend to small and medium size businesses they really are the job creators so specifically at the opening of the change there were four people. frost bank in taxes which is the largest the independent bank there there's a regionals that are bigger. associated in wisconsin m.b. in chicago old national in indiana here in new york signature a new york community city national on the west coast the banks range from key banc it on hundred fifty billion down to smaller community banks sit under a bit and it's really quite weird democratising the way interest rate benchmark so
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determined a couple weeks ago you and i were in contact because i had read a news story about how financial regulators were even even now where a lot of the lie bore scandal is cleaned up and we're saying that banks should move away from libel or that's got to be a good thing for america before but what do you s financial regulators think so far i imagine the you're talking with the fed i would assume yes we are talking with the fed we held a conference the american financial exchange where are merab or traded jointly with the university of chicago and we had dr david bowman who was the chief of staff for the chairman powell and in charge of the alternative rates committee spoken you know what his major. message was you know live bor has some problems and he hoped that so for the secured overnight funding rate
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developed by the fed would would step in he was a gnostic on whether it was so for or a member of bor but they would be a suite of rates so banks would have a choice so for the fed rate is phil's an important role it's secured merab or is unsecured and reflects the borrowing and lending of americans mid-size regional and community banks it is their place richard where people can find out more about o'meara boars or a more dot com or some player f.x. . f.x. . or a member of board dot net and our partners the c b o e two weeks from now will be releasing it over the tape and.
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