a monopoly in the making here that's going to dominate the airwaves and you know they talked about a trial the properties of time warner like c.n.n. specifically being must see must have that's bogus that's nonsense nothing is must see it must have the eighteenth is now going to compete with the likes of netflix and amazon if you have amazon prime you get their content for free and google and you tube and every every i mean this content all over the place to think that this is going to stifle innovation and that they're going to be able to raise their prices and do whatever they want and yank their programming off of other distributors and raise their prices on theirs to put it on is just naive if nothing is that important anymore so i don't think that could be further from the truth now as far as what the judge might have overlooked here they claim that he did not allow them to call the expert witnesses and also that they ignored that the judge ignored an eighteen t. f.c.c. filing with its subsidiary direct t.v. where they once expressed fears of

a vertical merger of this kind and what it might mean going forward for for the industry but i don't think this appeal is going to hold water i really don't know all right and margot where do we see this going and what's the timing we talked about the september deadline for eighty and i assume then that there will be a recent response from the government after that how long is this going to take to play out i mean you're looking at months i think really and that's perhaps being conservative i don't see anything happening by the new year but this is going to be a months long process and however it is it is certainly going to shake up the media industry and it's going to be fascinating to see what happens in its way i mean this is i think surprised surprised everyone this summer what's been happening what it what a summer for mergers and acquisitions really is just fascinating it has been we preach both both of you helping us out and learn about it and understand it going forward conservative t.v. and radio commentator steve malzberg or. tesori

a lecturer at american university margot sus our thanks to both of you thanks bart . and it's time now for a quick break but hang here because when we return our teams peter oliver reports from berlin on the latest developments related to the online lodging marketplace air b.n. b. which is in some hot water over inaccurate pricing in the european union as many member states are also pushing for a digital tax plus artes alex the highland which gives us the latest from toronto on how the u.s. aluminum company l o l is fairing in the trade war for that not so well plus our team is actually the bank takes a look at central winners in the highly competitive electric car space as we go to break trading on tesla stock was halted around two pm today east coast time after c.e.o. elon musk tweeted that he suggested that he might take the company private in the stock rose more than seven percent trading resumed shortly before he went to air and we'll have more on this tomorrow we'll be right back.

both of us. last time we chased. each one of them carrying twenty kilos of drugs. first offense. it's free

we are mean. this is for me. i don't know. i will. not work. the way to the united states is dangerous for most of the illegal immigrants. most of them simple so they want to become most. honest about what many of them look for refuge in the so-called sentry sites the draft used to share information about undocumented migrants with federal authorities. say uncle.

i see them or no i didn't have my son i got them in one class and the one that. they have that option is to stay in the country with donald trump in the. movie. i said. why. you know what chance of putting food in those bundles of that was a. welcome back it's deja vu all over again as a new regulatory filing by bad boy bank wells fargo real deal that six hundred twenty five families families were kicked out of their homes due to an apparent software glitch in a quarterly report to the u.s. securities and exchange commission well says that between two thousand and ten and twenty fifteen the six hundred twenty five families were improperly denied

a modification of their mortgage due to a quote quote unquote calculation error the bank says they eventually foreclosed on four hundred of those same families now in their most recent s.e.c. filing wells says that they have set aside eight million dollars to compensate the families for the loss of their homes while fargo has paid a total of twelve point five billion dollars to the federal government for various and sundry nefarious acts that so far in this short century in just last week the u.s. attorney for the northern district california forced wells fargo to agree to pay over two billion dollars to atone for their alleged role in originating in selling misleading mortgage loans with inaccurate income information that later defaulted jeez louise i mean it's not hard to see how folks get a bad name in the banking business. and now we head to berlin where our teams peter oliver looks at some regulatory troubles of the online lodging marketplace air b.n. b. and how some e.u.

members are seeking to impose a digital tax here's peter. the us room booking platform air b.n. b. has received a slap on the wrist from the e.u. commission this week it's over the way prices displayed on its website they say things like cleaning fees weren't display properly or whether the person you were renting from was a private landlord or a professional landlord were also not make clear essentially it boils down to how much a person is going to pay for renting the room and what rights they have while they're renting that room and this is the first time that the e.u. consumer rights bodies got involved with a company like air b.n. b. but this isn't the first time that air b.n. b. fall and fall in the european union they were strongly criticized for the way they operated here in berlin and in fact in barcelona they were slapped with a six hundred thousand euro fine back in twenty sixteen that's after they broke the city's rules on short term rentals in fact tech giants are firmly in the e.u.

crosshairs at the moment fact have been becoming at the smaller end of the list when he concludes companies like facebook and google they're potentially going to be targets for a short term digital tax that's looking to be pushed through the european parliament now in order for that to go through it would require the backing of all twenty eight member states and it just doesn't have that at the moment you look at countries that are supporting it france spain and austria saying yes the short term tax would work but for every france spain and austria you've got an island luxembourg and netherlands who are very highly unlikely to support anything with the word tax anywhere near it but for air b. and b. side they say that their prices are currently clearly labeled on the website but do say that they'll work with the authorities to improve in the future now they've got until the end of this month otherwise they could potentially face legal action in

each of the individual twenty eight member stay. that's because there's currently no unified e.u. consumer rights body that could do the suing as it were but one of the reasons we may be hearing the end be saying they'll do whatever they can to help is because what the e.u. is looking to do is in the wake of volkswagens diesel gate scandal the emissions scandal that they're looking to make it easier for a consumer to directly bring a lawsuit against a major company and of course that's could result in many many lawsuits that could end up costing many many euro. we think peter oliver the british pound fell earlier today to its lowest level since september of two thousand and seventeen trading as low as one dollar twenty nine cents yesterday the currency has been taking a bit of a pounding sorry for the bumpy brecht negotiation process the latest came on sunday when u.k. trade secretary liam fox

a brick that enthusiasm mused to reporters that there was a sixty percent chance of a no deal brecht's at scenario when the u.k. exits the european union the governor of the bank of england mark carney had made similar comments two days prior even worse an attempt to boost the pound sterling or at least slow it slide with an interest rate increase seems to a failed deal or no deal the u.k. is set to exit the european union in march of twenty one thousand. instead of protecting america's aluminum industry the trump tariffs are negatively impacting many u.s. producers including the country's largest alcoa with profits being eaten away alcoa is asking the government for a waiver on canadian aluminum so that it can continue to meet demand for its products artie's alex most of its joins us from toronto alex thanks for being with us again as always we know that the trumpet ministration imposed ten percent tariffs on foreign aluminum including that would come from your arm up there from canada for what the president called national security reasons i'm not so sure

about that but why is oco asking for an exemption from the move. look at we we talk about a thousand times canada in the states especially if you look at world wide the way that systems work but canada the states were pretty integrated so alcoa like the whole aluminum industry in the steel industries are integrated between canada and the states now a coal is coal is a hundred thirty year old company in some would think you know they're going to benefit by the borders being closed down and alcoa feeding aluminum to the american people but that's kind of a tough one to how thorough i should say much of the aluminum that alcoa has in the states is actually imported from canada from its smelters rights all cocoa has three in quebec and that's a thirty three hundred people employed there working for alcoa and there's three in the states so that's what makes things really difficult for companies like alcoa when much of your aluminum is on the other side of the border and now you have to pay

a ten percent tariff on it i'll call it saying that this could cost it one hundred million dollars in a year and that's a lot of money obviously a big problem for that company and we're also looking at the fact that when you pass tariffs up not only are the american people paying for the tariffs when the aluminum comes into canada or into the state into the states i should say it goes the other way around so exploiting becomes a lot more difficult as well because there's tariffs on the other side of the border there's tariffs now in europe there's tariffs in china and obviously there's tariffs in canada as well against american aluminum and steel so this is the issue that we're looking at while the coal wants to do it's going to get a little technical here it's asking that section to thirty two to thirty two of terraces removed from canada and other fair trading partners so they're saying if we have two partners that we've traded fairly with not china because everybody's saying that china is the big bad guy here but obviously canada plays a different part in this and as well as other trading partners now the documents alcoa posted on its web site they are there are showing us exactly what alto is

doing here's a quote from the alko. site itself although a co is both a u.s. manufacturer and purchaser of u.s. aluminum products the slabs that are the subject of this exclusion request or any substitute substitutable product are not available from other u.s. manufacturers and must be imported to meet alcoa's demand for manufacturing in the united states now the slabs we're talking about this is used to make mostly like pop cans beer cans except for a but it's something that's not available in the states and that's where the issue comes into play and that's why all co is saying come on guys let's not fool around with those we won the exemption so we can go back to business as usual do you think the trump administrator going to have an open mind on this i mean they have sort of gone back and forth and talking about waivers with people what what's your take right now with the waivers that looks like has gone through but fifty fifty so really there have been some waivers so far but that has to be proven by autoload that this is actually happening and that they need canadian aluminum the problem

here is that there's other companies that are in the states that will go to the commerce department there's a whole process and they could say. we don't need that so they can cooperate this whole thing and it's actually happening according to the new york times twice with steel already that some companies wanted to do business outside the states they wanted to buy steel and the waivers were didn't happen because two of the biggest makers in the state said no we don't want to see that and the government sided with them so that's one part of it these people are saying well you know what this is the reason why we can make this aluminum we can bring some of the old factories back to life and we'll invest more money into the country but bottom line is if that even happens who pays for this and we're already seeing it coca-cola cans are becoming more expensive for coca-cola and who's going to pay for that in the end it's going to be consumers and it's all trickle down that's what tariffs are it's the consumers who get hit in the end trickle down or trickle on it depends on your perspective i guess our correspondent alex while it's thanks alex. thank you. and

on our last broadcast we spoke about missions standards and the difficulties of making money on electric vehicles well despite the rough and rocky road automakers are going ahead with progressive plans for the future of electric vehicles which ones will come out on top artie's ashley banks takes a look. by the year twenty forty experts believe that electric cars will dominate the car market replacing conventional engine cars this may be hard to believe as the demand for traditional passenger cars in the u.s. is lagging quite a bit according to reports ford is looking to abandon passenger cars in the us and focus more on trucks and s.u.v.s g.m. and tesla are estimated to lose thousands of dollars per unit on their electric cars at this time tesla model three's production is taking a major hit yet despite these odds over the next several years tesla general motors

folks wagon and toyota motor will unload millions of electric vehicles on a global scale rebecca len land an analyst with kelley blue book says it will be very very difficult to make a profit but not impossible at this time the automotive industry is losing money on electric vehicles due to limited consumer appeal and tie cost however experts predict electric vehicles will take up forty to fifty percent of the global auto market and a little more than twenty years general motors plans to sell one million electric vehicles a year by two thousand and twenty six that will include electric trucks and s.u.v.s tesla aims to sell one million cars by two thousand and twenty books wagon will see up to three million a year by two thousand and twenty five and twenty yoda's looking to sell five point five million by twenty thirty experts believe electric vehicles will soon compete with traditional cars and make profits general motors expects its electric vehicles

will become profitable by twenty twenty one and analysts for navigant research says as a battery capacity and increases the vehicles become more appealing which will all combine to improve demand and profitability experts advise electric car makers so share technology at. the cost of developing it with other companies and order to make a profit or else they will continue to see losses and washington national banks art . and that's it for this time thanks for being with us you can catch boom bust on directv channel three twenty one dish network channel two a b. or streaming twenty four seven on pluto t.v. the free t.v. at channel one thirty two or as always catches that youtube dot com slash boom bust r.t. so long for now. first

. of all those. jewish laws don't google so documents on the first day. hushed. the student. on the receipt merely by one vote eight hundred eighty two it to most digit does. some of the sheen you know well. was not very. good news. for me that's. the weirdness bit so we. removed it they were. fortunate in the.

bruising us to whom he preferred. to thomas one of the styles all at. the americans are still in shock they're still dealing with the psychological damage of nine eleven they still need enemies they still unjustified they still are having troubles walking through it the while the rest the world is leapfrogging ahead. join me every thursday on the alex i'm unsure when i'll be speaking to us of the world of politics sports business i'm show business. i.

believe. with her is accused of double standards after banning an activist for offensive comments against black people even though identical tweets against whites went unchallenged. if it was one of the most popular and controversial alternative news websites has been banned by leading social media platforms for what they describe as hate speech. had a visit by the international chemical weapons watchdog to the english town of

amesbury next week the media continues to speculate on the poisoning case claiming the u.k. has asked russia to extradite suspects. here in moscow thanks for joining us here live an international. conservative activist in the u.s. has fallen foul of twitter's guidelines on racism she was in fact conducting an experiment using old tweets about white people and substituting the word white for black or jewish came open has more. candace she's from turning points usa conservative organization in the usa what she did was she took tweets from new york times 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 jiang was not banned for making these comments about white people on the surface i actually agree with tweeter with twitter assessment i believe that what i said what i tweeted 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 shinning her behavior is that they are signaling to the rest of the world that racism actually is ok as long as you pick the the right race this was candice owens first statement to her followers after the 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 by the way as you go. tweets and replace the points 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 candor so i will never understand the double standard to 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 contact regarding the controversy surrounding her tweets it appears that has there. has now been added a small reference to it but sarah john there are these tweets the controversy surrounding them seems to be quite a big issue with the pedia seems to make efforts to minimize that a lot of debate yet another example of how in the united states when it comes to issues of race and free speech americans just don't see eye to eye the new york

times that issued a statement defending its decision to hire. it said she simply used the same language as trolls who were racially insulting her on twitter and her mocks were satirical in nature following the news of her to a suspension activist candace owens was harassed on the street by anti fascist protesters. as was having breakfast time with another conservative activist colleague when they were confronted demonstrators could receive shouting abuse as they crowd around police. and the c. o two it is war offensive speech doesn't end the social media giant has suspended several libertarians as well from its platform using improper language or even retreating inappropriate messages daniel mcadams for one executive director of the roland paul institute has been

suspended from the platform the softer he read tweeted a message from scott horton editor of antiwar dot com criticizing journalist horton's account has also been suspended we heard from involved twenty twenty presidential candidate for the libertarian party he believes twitter is showing a clear political bias. twitter's a private company has the right to do this that does not mean that they should do this they're setting a horrific example by turning their platform into a pro-state left wing ideologues operation rather than as an open marketplace for ideas they're not blocking hard core left wing activists they're blocking hard core libertarian activists they're not blocking the people who think it's ok to use the state to rob people of their money and spend it on nonsense they're blocking the people are saying that the state should stop robbing us we are they're not blocking everyone equally they're just blocking the people who want to oppose the state to

me this is a clear sign that quitter that twitter has become part of just another piece of the mainstream media that is supporting the status quo that is supporting the military industrial complex and that it really needs to be treated by the american people as an ideological enemy now one of the most popular old online alternative news channels info wars has seen a major crackdown as well facebook apple spotify and you tube of all blocked its accounts they've also taken down its content all on the same day itself facebook explained their move we've taken it down for glorifying violence and using dehumanizing language to describe people who are transgender muslims and immigrants which violates our hate speech policies the info was launched by alex jones in the late ninety's his you tube videos have been watched more than one point six billion times many have deemed him a panel of conspiracy theories in twenty fifteen donald trump appeared on the channel and praised his work people on social media have expressed very different

opinions over the bad. i don't support alex jones all in for awards 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 apple removing alex jones him 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 is a conspiracy theorist hurts people for war says it has been banned by facebook for and specified hate speech regardless of the facts in this case they're willing to facebook to censor rival publishers is a global anti trust problem. a political commentator gina loudon believes the decision could prove damaging for social media to alt. 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 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 some conservative it 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. and european companies which trade with iran according to crossfire between brussels and washington they now face punishment if they comply

with u.s. sanctions or if they refuse to go along with them is you companies guard guy u.s. second research actions they will in turn be sanctioned by the european union iran sanctions have officially been cast these are the most biting sanctions ever imposed and in november they ratchet up to yet another level anyone doing business with iran will not be doing business with the united states i'm asking for world peace nothing less of the u.s. government reimposed sanctions on iran after pulling out of an international nuclear deal the first round of sanctions restricts terrans trade in u.s. dollars and precious metals it also punishes countries that use the iranian real when trading with the country for actual analysts should be. the new sanctions posed at the lever for major corporations. the situation that's developing is that on the one hand companies would be penalized by usa for doing business in iran and

at the same time if they're follow their diktats from washington the potential of those companies being penalized in the european union so it puts these companies in a very difficult situation but this i think is only applicable to the very large multinational corporation is that have exposure to different regions perhaps the semi sector the slump is a small to medium enterprises that are operating in the european union they may want to do trade with iran and because they have no exposure possibly with their us market therefore they will be able to stand up and continue doing business with iran. took over the streets of chicago this weekend with numerous bystanders caught up in the crossfire twelve people were killed and sixty six others injured including several children police say gangsters in the city simply.