tv News RT August 7, 2018 9:00am-9:31am EDT
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ad revenue and they keep you in shock because that's a very powerful tool to get you to buy and to continue this very profitable bit profitable business model to the top one percent it's clearly if you look from two thousand that's when the real wealth and income gap just tore away from the rest of the top one percent just zoomed away from the bottom ninety nine percent they are you know it's just like a huge difference but we've been in constant say that state of shock and constantly afraid of individuals one guy one guy in a cave in afghanistan one guy named lattimer putin that we're so we're so willing to give up all our of our you know our our in our self-respect our sovereignty or income producing assets anything to just for one guy you know. roll let's roll let's keep it rolling into the other second half i mean we're and there's some very important issues here that need to be covered stay right there don't go away
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we'll be right back with much more coming your way. join me every thursday on the alex salmond show and i'll be speaking to us of the world of politics or business i'm sure business i'll see you there. first. of all first. jewishness don't get all so document on the first thanks. so much i must. tell you. that. they. will vote. today to
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they're both superheroes fighting for truth justice and the american way as a journalist like we are and as a superhero. ok. seems so clear to me now that i've seen the light that journalism are a super journalist or super hero in their own minds well i mean on this show on r.t. we have a bias toward truth we're superheroes in a landscape of villains like rachel maddow and lawrence o'donnell imus and b c yet all the big news out there this is super news while americans have been of course. absorbed in superhero movies over the past ten twenty years that's all you see ever anymore superhero simple stories of good guy bad guy well over in the rest of the world you've had more nuanced economic power emerging and that is china so this is what we're talking about in the summer special to match our last summer special
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which was about the u.s. of bating empire it could recover who knows maybe make america great again will work but who knows if it doesn't this is what we have to look forward to is china as a rising power so i'm going to look at one continent in particular and that is africa africa has basically not only given us humanity this is where all humans come from but it has also given us much of the wealth of the world whether through all of their resources or in america's case obviously their human resources in the form of slaves that were brought over and built much of the wealth of this country but here we're seeing. capitalism. basically china having to seek out markets that other corporations around the world won't enter the strategic entry of china's transition into the vacuum left by nokia and africa
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trans shouldn t. r a n s s i know and it's a big telecoms company. many in america i certainly hadn't heard of it until i read this article but they are a mobile phone manufacturer out of china trance in techno as manufacture has two other brands on the market i tell an infant x. catering to different price points in consumer segments what sets a company apart is that they are solely focused on the african continent and do not even sell in their domestic market of china this was a strategic decision as a recent article says and their rapid success very likely due to the vacuum left by nokia they've customized completely for the african market going as far as to develop cameras suited for local conditions something no other phone manufacturer has done on the planet they've built these phones customized uniquely for africa
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not only for african citic selfies they've enabled basically thirty percent more light to focus on the face because of the dark skin doesn't show up as much in selfies on a normal phone and i phone or a samsung or whatever so they specifically created technology in their phone for the african market they also have some of the longest lasting batteries so in africa electricity is very expensive so to charge your phone is very expensive so they're one of their mobile phones last eight days on one single charge so there are a lot of people especially the guys who have to you know walk from village to village selling. you know their goods well they want a phone that lasts for eight days and the chinese manufacturers have provided drilling into the collective unconscious so again to repeat its fortunes of the last century were extractive minerals and energy the fortunes of the twenty first
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century are mining the collective unconscious through these vast platforms and networks facebook twitter being good examples but here you have this chinese company saying look there. lots and lots of brains in africa that we can monetize by hitting that market specifically with products tailored to the market to be competitive and to capture that market yes and it seems as if europe and america when they dealt with africa it was just to extract the resources and us our corporations basically keep all the profit and probably this is why china the rest of the market the building a middle class building a consumer class has been left because they don't care about that they don't want that essentially because of course then the middle class will want some of their resources as we see happening in saudi arabia or qatar or the middle east is like when they've developed a middle class and they start to compete for the oil reserves there that we just
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want all for ourselves so here the chinese manufacturers are are specifically targeting a more creative class innovation class and they go on to say that this company transition they've brought in local languages and messenger apps they've established a factory in ethiopia to show their commitment to africa and they've set a full customer care facility something glaringly missing from any other imported brands portfolio in my opinion they've done what nokia could have and should have done cater to the emerging markets across the developing world where they had originally begun connecting people so you know he basically the chinese mobile phone manufacturers certainly for the whole east africa they have money awfully on that market they're basically own that market at this point one of the truly be the commodification of these high end products like the phone the i phone you know the as an extraordinary profit margin forty percent or so which is almost unheard of in the manufacturing business but as the market becomes saturated this type of product
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in this market where the margins are going to be thin they have a chance to penetrate that market and grab it. a large percentage of the market with a product that doesn't have the right high margins but it will have market penetration and these other big wigs like the i phones of the world they're ignoring these markets. until probably they lose that first mover advantage and they're going to be trying to cat play catch up at some point this looks like a long game is a short game to just like extract the resources and not do anything you're concerned concern yourself with the rest of a normal economy you just take the gold you just take the box say all bauxite all that sort of goods that are needed to manufacture mobile phones here and not only do they control much of the mobile phone and telecoms there they control the bicycles they have scooters made specifically for africa by chinese manufacturers
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as well so there's a huge market of all sorts of goods that they're targeting towards africa presumably looking for the same thing that the u.s. did during the forty's fifty's and sixty's u.s. goods used to be seen around the world as something that there was their first experience from mass manufactured products so here you have a huge continent the biggest continent in the world of africa and with a lot of huge population and young booming population so here china is targeting that also these phones usually come embedded with the opera browser or the mini browser as opposed to say safari or firefox or chrome which a lot of westerners use east africa mostly using opera and the reason again goes to mother necessity necessity is that because of their energy costs and because of the lower income they need to make sure that they have a browser that uses less data and the browser the opera browser uses sixty percent
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less data than its next competitor so everybody is becoming loyal to that brand of opera and this also brings me to the next story. which is that bit main is entering the african market by of the opera browser right bit men being the dominant force in bitcoin mining. so the they're getting into this market in a big way and they're well positioned to do so because crypto currencies are becoming the currency of the unbanked as they're called and so they are going to leapfrog all the banking infrastructure that is not required just like a lot of the other infrastructure that one associates with advanced economies are not needed in your development or purely in the cyber space the intellectual space the mines fear you you don't need all that other stuff but the margins are very thin but so they've got to they have to have a deep market penetration to be profitable because the margins are like food you know if the grocery store margins are very very very small one two percent well but
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just like henry ford became the massive auto manufacturer that he did is by making his workers wealthy so he can sell more cars here they're creating an economy to sell more products a very good point they are enriching the local economy whereas the extractive industries deprived an impoverished local economy so as this next article here's the headline from michael kamandi and how the chinese africa's most popular browser in a big queen mining company are about to change african payments and he notes that of course africans themselves have innovated wildly they're way more advanced than our economy in terms of financial services they have things like m paste they've had they invented you know their own digital currencies before a big coin existed where they can transfer value you know credits on your your phone so now they have not however what's been missing is cross border transfers of the equivalent outside of the u.s.
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sort of banking system because that is part of the problem is that africans the average salary is very low by u.s. standards the u.s. banks there's a huge regulatory burden. that you can't let one bad guy use that financial system you can't want to let one bad guy use the u.s. dollar you can't let one bad guy use use your credit card or any sort of access the financial system so it has been worth it but to china i think they don't have that same sort of restriction that basically opens that entire market to financial services and incomes main last week's s.c.c. disclosure on opera's newest investor for their one hundred fifteen million dollar i.p.o. was the best news on crypto currency adoption in africa i've seen in the last five years with far reaching implications on e-commerce trade and payments for the region than appears at first glance my choice of a header image above accurately captures increasing chinese influence on kenya and africa at both state and commercial level because maine is the largest miner of
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bitcoin more bitcoin than anyone else and they are multibillion dollar company and they're about to i.p.o. and it looks like their valuation is going to be fourteen billion dollars and these guys are you know they're controversial within the big client space certainly jiang wu is very controversial but the guy is smart and he hires the best and he does the best and he has a plan for africa and he sees that bet it embedding through the opera browser a thing called open a and you can introduce cryptocurrency a frictionless market frictionless way to transfer value from kenya to ethiopia or you know tens and somewhere like that you are able to really. crypto in the u.s. are not high because there is no urgency but here there is urgency so the adoption rates in africa could skyrocket compare to the rest of the world and be the cutting edge toward crypto adoption for the world yeah but also i'm saying like we don't necessarily know what is opposed to us world oppose us empire world is going to
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look like we don't know yet what china will do that here they're building up africa is africa going to be one of the biggest economies in the. they entire continent is a enemy an economic force that it never has been in a thousand years a little headway i mean that's what could very well be a crypto makes that happen economies of crypto are exponentially more powerful than anything we've seen in the history of economics could leap frog by a hundred years of very very quickly well it'll be interesting to see and that's our summer solution for this we're looking at what china might do with the world economy and remember the seventy's also gave us disco. well that's going to do it for this edition of the kaiser before it was a match because of the superhero and stacy for another superhero and to reach us on twitter is kaiser report and it's all next time we must say at ios and good buy.
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it's a. secret indeed 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 a perpetrator is simply moved to a different spot where the previous standard was not known highest ranks of the catholic church conceal the accused priests from the police and justice system to that is as old as the eye and then i included use this out in. this. case for.
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now. what politicians do something illegal. they put themselves on the lawn they get accepted over and checked. so when you want to be president. or some one of the press. that's it like to be for us as a white woman for free in the morning can't be good that i'm interested always in the waters among our. guests. i've been saying the numbers mean something they matter the u.s. has over one trillion dollars in debt more than ten white collar crimes happen each
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day. eighty five percent of global wealth he longs to the ultra rich eight point six percent market saw a thirty percent rise last year some with four hundred to five hundred trade per circuit per second and bitcoin rose to twenty thousand dollars. china is building a two point one billion dollar a i industrial plant but don't let the numbers overwhelm. the only number you need to remember is one in one business show you can't afford to miss the one and only boom but. i don't. believe the little. relief.
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that we're going to see. the headlines here on r.t. international a conservative activist in the united states is banned by twitter after mimicking tweets targeting whites posted by a new york times journalist. in four walls one of the most popular and the most controversial alternative news websites has been bad on several social media platforms. the u.s. re imposes sanctions on iran after quitting the nuclear deal it's prompting the e.u. to take protective measures for european farms working with tehran. here on the program we assess how successful u.s. sanctions have been in the past. also on the program here when we speak to the son of a jailed by brainy opposition figure who's going on
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a hunger strike because he claims his father is being denied lifesaving treatment. they. need to tell you they're not going to be denied a moment he could be. coming to visit. the book even what if but. i'm just beginning this i was to say headlines here now it's you it's a national we come to you live from moscow in a very warm welcome to your. change of the word white to black and you could find yourself in trouble on twitter that's what one conservative activist in the united states confirmed and she tried to highlight the platforms alleged double standards correspondent explains candace owens she's from turning points usa conservative organization in the usa what she did was she took tweets from new york times
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journalist sarah job and simply replaced the words white with the words black or the word jewish the response of twitter was to shut down her account candace owens says that twitter was right to take down her posts and ban her for making hateful comments regarding black and jewish people she says however the outrage is that sarah johnson was not banned for making these comments about white people on the surface i actually agree with twitter's assessment i believe that what i said when i treated was wrong you should not be able to tweet about any race or any group that you want them canceled that they should live underground i don't know why suddenly people think that white people are excluded from that scenario that people can't be racist towards white people when in fact they often are the problem. with the new york times essentially saying shooting her behavior is that they are signaling to the rest of the world that racism actually is ok as long as you pick the right race this was candice owens first statement to her followers after the
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ban twitter not only reinstated her account but actually apologized and said that it was a mistake for her to be banned now immediately there was a firestorm with people pointing to what they see as a double standard one of the words you go. tweets and replace the wants with blank i'm in tweets of bones that i was double standard every time i see one of these i can't help substitute black for white count is so stupid i will never understand the double standard why it's acceptable to so many now the wikipedia page of the new york times journalist is also in question now the page simply describes her as a journalist and has minimal content regarding the controversy surrounding her tweets it appears that there has now been added a small reference to it but these tweets the controversy surrounding them seems to be quite a big issue we could pedia seems to make efforts to minimize that so
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a lot of debate yet another example of how in the united states when it comes to issues of race and free speech and americans just don't see eye eye to. the new york times issued a statement defending its decision to hire sara jo they say she just used the same language as online her wraps as did to respond to them following news of a twitter suspension activist candace owens was confronted on the street by anti fascist protesters. i wins was originally having breakfast with another conservative activist colleague when they were harassed by protesters demonstrators could be seen shouting abuse as a crowd around her but the police were quick on the scene now investigative journalist dave lindorff says twitter's attempts to ban hate speech appeared to have backfired they didn't then one thing it banned another that was is just
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the substitution of words and they look really stupid for doing it so they made they made a hash of it since to try and solve the problem it made it worse they really need to think this through and add high jump in when there's a screaming match from one side or the other and they'll jump to try to stop it quickly with a stupid decision they need to really sit back think through policy and then operate according to a policy that is rational coherent and consistent and that hardly what they're doing right now. one of the most popular alternative news channels info war so seen a major crackdown facebook you tube apple and spotify are all blocking its accounts and taking down its content it will happen on the very same day facebook explains the ban as follows. we have taken you down for glory find violence and using
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demonizing language to describe people who are immigrants which violates our hate speech policies in for wars was launched by alex jones in the late ninety's if you tube videos are brainwashed more than one point six billion times which is comparable to many popular western media outlets on the platform many have deemed him a pedalo of conspiracies and a twenty fifteen interview to his channel donald trump praised his work or people on social media have certainly clashed over the bat. i don't support alex jones or what in for was produces he's not a conservative however banning him in his outlets is wrong it's not just a slippery slope it's a dangerous cliff they are pulled removing elegance jones from in for worse isn't some terrible form of censorship against conservatives he said sandy hook wasn't real he's seeing parents from the school he said the holocaust wasn't real his not just a conservative he's
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a conspiracy theorist herds people in for wars as it has been banned by facebook for and specified hate speech regardless of the facts in this case the ability of facebook to censor rival publishers is a global and trust problem political commentator and you know luton believed that a solution could actually prove for all the damaging for the social media giants whether or not you agree with alex jones i would be just the same amount of adamant that i think it's bad policy to ban people no matter what i mean it really no matter what i mean in the united states we have a concept of free speech that we love very much it means a lot to us now these are private companies they can do what they want to do i'm not saying they shouldn't be able to do this and i'm certainly not saying that government should regulate whether or not private companies can make decisions like this but i am saying i think it's a bad decision and i think that in the long run it will not pay off for these companies it is it extremely slippery slope i do believe ultimately that probably
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some conservative it's a t. will come up with competitive platforms for the ones that are doing the banning and the censoring and ultimately they will have stiff competition that may even relegate them to relative obscurity because of things like this especially if they remain so one sided. gang warfare took over the streets of chicago this weekend with numerous bystanders caught up in the crossfire twelve people were killed sixty six injured including several children and police say the gangsters in the city no longer fear the law or even bothering immediately to flee some crime scenes of course chicago famous as the windy city is now running a new reputation for bloodshed.
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the being killed in chicago. locals have taken to calling their hometown. for one of the biggest street games. so that at the time. how easy is it going to go there is. we need to create a culture of accountability picking up a gun and using it. one democratic lawmaker is now appealing to president donald trump to intervene directly though the city's mayor has long been. i think what he's doing is wrong for the direction of the city it's not how i wanted the election to
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turn out and so we've declared chicago's going to try to be a trump free zone we have to make sure that for the interim reckoned that is that not everyone believes that chicago is a free zone t.v. series about helping the people in chicago especially on the west side of chicago. the outpost a deadly gang fighting took place right after an anti violence protest on thursday people are claiming the bloodshed as a consequence of corrupt oil thora he's in chicago and we spoke to gregory livingston who organized the protest march. kaga was intentionally segregated segregated in terms of geography. segregated in terms of educational assets health care assets capital investment clones it was second grade for quite a long time matter of fact we martin king said all throughout the south he had large chicago was the most segregated city he had ever been in and we're still facing the the.
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