welcome as always from a financial perspective what does this look like for canada and the saudis like i mean for the saudis this is an easy target they get offended by criticism really easily it seems and we're talking about four billion dollars worth of trade here between canada and the saudi arabians one point two billion of that is actually what canada exports to saudi arabia so boo hoo really for the canadian standpoint no really big deal when you're talking about the big picture but look what the saudis have done ok so we can break this down quite easily we start with the ambassador of canada being booted out of saudi arabia then they pulled their ambassador from here and then they just started to trickle down into other sectors saying no new foreign investment or investment in canada no trade with canada nothing new can happen with canada and then of course the newest is when this my favorite favorite is we barley they're not allowing wheat and barley in from canada that all the numbers here quite big if you look one hundred thirty to two thousand tons of barley and sixty six thousand tons of wheat came from canada to saudi

arabia last year but here's the funny part of it there's something called that canada we board and guess who has the controlling shares of the canada we board worth about two hundred fifty million dollars would be saudi arabian companies so once again i mean do you see that this is a little bit maybe absurd the way it's moving let's continue though because it doesn't end there of course there was also talk of sixteen thousand students being pulled out of canada these are saudi arabian students worth about four hundred million dollars to this country and then the removing of patients from hospitals that off the top you mentioned what the bank wants of the saudi regime also ordered its central bank to pull out what is that one hundred million a billion dollars is the foreign holdings that it has and in canada is just a fraction of that which is really not going to do much the canadian economy we saw a little bounce today the canadian dollar people investors got really scared when they realized how much of that money really is invested in canada the canadian dollar went back up finally though this is the big one. here when you look at the

four billion dollars out of those four billion dollars in trade a big chunk of that is nine hundred armored vehicles that canada has sold to the saudi arabia is worth billions of dollars this contract was signed years ago but it's trickling through the years and were sold this to the saudi arabians there's controversy in this country these weapons these are weapons these are armored vehicles that are being used in saudi arabia and i'm sure in yemen as well there has been notice of that so what do we care really this is a regime that has supported terrorism for how long and they're telling us that they don't like us canadians well you know what too bad i don't think we're going to disappear because of saudi arabia party correspondent alex behala bench that is a wealth of information thank you as always sir take care thank you and time now for a super quick break i promise when we get back boom bust very own daniel brito helps us consider that labor referendum vote in missouri yesterday and what it may mean for u.s. labor laws emily chan fills us in on another high flying controversy what kathy pesky that's close to you know it really well network help with examined u.s.

housing and hear the numbers as closing bell back in a plastic promise. it's only natural that baby boomers were vote for policies that prove he helped found a house price booms a stock price of things and disenfranchised the bottom you know age groups but this is oh a deal of tough luck buddy get a job kids get

a job. seemed wrong. but old rules just don't hold. any new world that is yet to shape our disdain comes to the ticket and in games from an equals betrayal. when so many find themselves worlds apart we choose to look for common ground. secret indeed of the priests accused of sexually abusing children can get away with a point and literally i like to call this the do graphic solution so what the bishop needs to do then he finds out that the priest is is

a perpetrator he simply moves him to a different spot where the previous. highest ranks of the catholic church help conceal the accused priests from the police and justice system to that end of that's known as the i and then i can tell you how to do is this out and. told to be quick and we're back yesterday we previewed the big test of strength for rise labor in the us working class in the state of missouri voters in the show me state were asked to on tuesday's election to confirm or deny the so-called right to

work law passed by the legislature in may after june is devastating loss at the supreme court in what is known as a generous case organized labor faced a dire must win situation in missouri now here to fill us in on how it all went down is our own in-house labor expert a person here at the program to daniel thank you for its happy and i'm glad to have you here now tell us it one right and one big yeah in the end bar it was a landslide victory missouri voters were essentially asked yes or no on passing this right to work law and they voted no by a margin of two to one six. seven point five to thirty two point five plus huge victory huge victory and a timely one they really needed it as you mentioned after this big loss at the supreme court in june in the janice case recognizing the stakes they made a big investment in terms of resources in this campaign as a march they had raised about four million dollars for the no campaign on proposition is it was called from unions including u.s.c. w. and the teamsters the missouri a.f.l.-cio president said that in the in this

campaign they knocked on eight hundred thousand doors and made over a million phone calls so they made a big commitment on the other side there was a dark money group new missouri incorporated with money from the usual suspects and the in two thousand and fifteen there was a right to work push and the koch brothers group americans for prosperity a familiar group was also involved there so after a big battle with a big commitment on both sides you know there's got to be i can almost hear the sighs of relief coming from the n.f.l. c.e.o. headquarters not as i don't know your own party from here let me back up just a little bit daniel so this janice case this is a supreme court ruling we recovered it one time you write that they have wine for that and that was a federal government worker who sued to ensure that he did not have to pay union dues even though he was represented by the union so that's just federal workers and this missouri law would have covered all union workers are all workers in the state right right janice essentially applied right to work nationally to all public

sector unions this would have applied right to work to all everyone so i was really a big big big deal and it would have made missouri what the third ten i would have right to work state in the twenty eighth the right to work state and they've added six in recent years so this is a push that's been heating up and what do we see going forward daniel for the next couple of months and into the future right well in missouri the labor advocates certainly hope that this will give them more momentum for november to elect candidates are favorable to their agenda this was actually moved from a november vote to august by the proponents of right to work because they wanted to take some of the sails out of their out of their efforts. but one thing is sure that this is still going to go on the first time rights work was defeated at the polls in missouri was over forty years ago so this fight is nothing going to go on in missouri and in other states dado britto labor expert boom bust producer thank you for being here with me. we recall the pipeline controversies over the past four or five years well now there's another one brewing artie's manila

chan gives us the latest and bridge energies line three pipeline is an eleven hundred mile long crude oil pipeline from edmonton that will run through several u.s. states including minnesota where it's facing some controversy from a local native american tribes an environmentalist alike now to be clear this pipeline already exists it was first built in the one nine hundred sixty s. but the aging pipeline is due for some major renovations and some improvements now and bridge is looking to replace and remove some two hundred eighty two miles of the pipe and reroute it through northern minnesota and run it some three hundred thirty seven miles and a slight deviation from the existing route now the energy company says the project will bring about fifteen hundred new jobs to the area dr reese halter a conservation biologist and author of the book love nature says these jobs may only be a temporary boon to the community that there are far greater environmental impacts that must be considered i just don't buy this jobs thing because people are being

used as pawns and i want a future for our children the current situation is there's no future the native american peoples require these lakes for their wild rice they've been wild racing it in the harvesting for thousands of years the oil is a pollution and when it leaks and it does leak kill it. everything and native american tribes are concerned about potential leaks or spills and the impact this might have on wild rice harvesting in the areas now the new pipeline route would run very close to the funded lock reserve still a local regulators have approved the project with business and labor groups promising the seven billion dollar project will create jobs and generate tax

revenue two and a half billion dollars would be spent in minnesota alone but seeing as the enbridge pipe is presently functioning at a lesser capacity opponents and supporters both agree that it cannot be kept as is fossil fuel pollution is killing our planet it's this. issue this is not a political issue this is a issue that is taking place right now in all of our states and the science shows us. then we're. we're contending with dead massive dead areas on land and under the sea from heat the heat comes from burning fossil fuels we know this it's time to move laterally it's time to support and embrace new technology and allow our children to have a future experts say there has to be

a quote at least worst option available for everyone and washington military and. a massive corruption scandal in malaysia has reporter resulted in the drafting of a criminal complaint against an investment banker at goldman sachs and prosecutors are now considering targeting the us based bank for possible charges according to new york times in february it was reported that the us f.b.i. was looking into connections between goldman's former southeast asia chair chip tim lesnar may and then malaysia's then prime minister najib resign and one m d b these sprawling development company created an on by the malaysian finance ministry multiple corruption scandals at one m. d. b. likely lead to mr ross next recent election lost as he was charged in the scandal last month now the times' us federal prosecutors in brooklyn are hoping to compel mr lessner to agree to cooperate with prosecutors hoping to build against others at

goldman which collected about six hundred million dollars for financial services performed for one the day prosecutors are said to be suspect that some goldman employees may have known about the massive fraud at the fund. the u.s. housing market may be making a turn for the worse the real estimate the real estate atmosphere has gone from escalating offers to some scantiness in recent weeks as construction activity as these sell aerated and home values have begun to slide just a. it here to get into some of the details kathy effect of the co c.e.o. of the real wealth network kathy welcome back we appreciate you being here to some i suppose the week this may not seem like a surprise given the large price increases we've seen over the past four years the national association of realtors said that since two thousand and sixteen median price of homes increased by seven percent and the buying bustle had risen close to twenty percent from about this time last year through may what is it with home

sales and why is buying activity suddenly taken a turn downward. well home prices as you as you said have gone consistently for the past ten years and recently they have gone up much faster than salaries and now we have interest rate hikes which is affecting things even more so fewer people can afford to buy while prices are going up but there's just not enough homes out there for people to buy so even for those who could qualify for a loan they go out they make multiple offers they don't get the deal and maybe start to give up so what we needed more than anything is for builders to be able to provide affordable housing that meets the today's salaries at least the average income and builders are having a really hard time doing that because of rising builder costs labor costs and longer permit times some of that labor cost may be for example with this is all this trade war talk in canadian lumber which i know a lot of builders in the u.s.

use what are we seeing on construction for new homes kathy. well exactly that i mean builders had no business building between two thousand and eight and two thousand and twelve really because they were so much inventory on the market so they couldn't compete so they really have only been back in business for the last few years and our company network we build homes and it it sometimes takes a decade to get those properties on line we have forty two hundred coming in tampa but it's taken a long time so we will see more inventory but with higher prices now the longer hold times and of course more you know less workers even available to get the job done builders are struggling to get the product out there at the right price and that's affecting lack of inventory which keeps driving prices up and making it more difficult for people to buy you know back in the day like when i was a kid i mean you know your parents would hold on to their homes for you know twenty

run up mortgage thirty years or so but that hasn't been the case in the in the in the last twenty or thirty years are people beginning to start keeping their homes even longer than they have in the past. well you have this interesting situation housing in america really is on solid ground because the loans that have been made in the last ten years have been solid you had to really prove you could pay back that loan and and also people locked in low interest rates as low as two percent in some cases and and also bought those homes for pretty cheap so you know what they're not really in a big hurry to get out of that low interest rate in california for example you also have low taxes along with that so what's the incentive to move if that payment is fairly low for the people who got in early and if they do try to sell what are they going to buy they're going to be in that frenzy out there nobody wants that in and have to take a loan with a higher rate so we are seeing more baby boomers stay put whereas we had originally

thought they were going to move somewhere cheap now a lot are there's massive migration to texas and florida because it's cheap and cheery so to speak it's great weather and and no state income tax but for the most part we're seeing baby boomers stay put longer than we thought they would get very interesting i know a lot of people who are doing just that kathy effective a c.e.o. or a real world network are so great to see you again thanks for your time kathy. thank you. and that's it for this time thanks for watching and catch boom bust on direct t.v. channel three twenty one dish network general two a day or streaming twenty four seven on pluto t.v. the free t.v. at channel one thirty two or as always get us up at you tube dot com boom bust r.t. we'll catch you again.

join me every thursday on the all excitement show and i'll be speaking to guest of the world of politics sports business i'm showbusiness i'll see that. first. of all the start moving toward a snowstorm could also document on the first thanks. how much. the student. the first. nearly. run up will both be ready to leave it to most bridget does. something she does the senior. girl.

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washington announces new sanctions against russia over the screwball poisoning case of using a weapon once again offering limited evidence. of the headlines the u.s. senate asks to interview the head of wiki leaks on alleged russian meddling in the twenty sixth you know lection. has repeatedly denied that moscow had anything to do with the election related documents exposed by wiki leaks. and social media giants are accused of silencing the bank after twitter suspends several libertarian and conservative figures for alleged hate speech.

joining us here in the international. today welcome to the program. the u.s. has unveiled new sanctions against russia or over the poisoning of double agent and his daughter back in march in the u.k. the new penalties are expected to come into effect around the twenty second of august that's according to the state department some serious accusations have been thrown. the united states the six two thousand and eighteen determined that the government of the russian federation has used chemical biological weapons against its own nationals following a fifteen day congressional if you cation period these sanctions will take effect the publication of a new tuesday in the federal register expected. twenty second two thousand and eight the so-called russian puppets new sanctions against russia will come in two

rounds of first round will limit financing and exports of banning licenses to export national security goods the second round of sanctions that's due in three months or so could affect hundreds of millions of dollars in exports and if imposed will cut diplomatic ties to russia and all arrow flights to aeroflot flights to and from the u.s. and stop all imports and exports according to reports however the second round of sanctions will not be imposed if russia provides assurances that it will stop using chemical weapons and commit to on site inspections by the u.n. but what this ultimatum says is that russia does not have the luxury to pursue innocent until proven guilty russia has already been implicated in the crime but here is also something to keep in mind about the ultimatum last october the u.n. verified the destruction of russia's chemical weapons a through on site inspections and also confirmed that all of russia's chemical weapons facilities were closed it looks like the u.s.

will be a sanctioning russia for allegedly using chemical weapons the u.n. says it doesn't have this all began when a former double agent and his daughter were poisoned back in march another chop was determined to be the agent used and immediately the u.k. and the rest of the western world almost instinctively blamed russia because the agent was originally developed in the u.s.s.r. but since ninety one it's been developed in several other countries now russia has denied any involvement and has even offered to cooperate in a full. investigation the open c.w. and porton down the british laboratory that analyzed the samples could not identify the source or country of origin as in russia can be implicated it also comes at a very interesting time senator rand paul hand delivered a letter from president trump to president putin to apparently a strength in bilateral relations so we're just going to have to wait and see how russia react to this and what the global response will be a former u.s.

diplomat jim john trust says the new sanctions are all about politics on to have nothing to do with this group poisoning i would go so far to say that the u.s. government like the british government knows very well that the russians were not responsible for this and this is this is a political demand this is designed to undercut the overtures from the trumpet ministration for president trump directly and also senator rand paul now in moscow to warm relations with it with russia and this is a way to undercut that by making accusations against russia that are not only false but there's no way they can disprove president trump would like to have a good relationship with russia i think senator paul would like to have a good relationship with russia and they're being coltrane hers for wanting it that they're being attacked personally their loyalties being attacked for reaching out to russia in this way as a political ploy to conduct essentially a kind of a warfare against russia and i think the people in the kremlin know that i think

they know there's nothing they can do nothing they can say that would satisfy these demands. wiki leaks founder julian assange just considering a request from the u.s. senate to testify on claims of russian meddling in the twenty sixteen election season it's the same sort of thing is following the story. the u.s. senate intelligence committee has sent a letter to the ecuadorian embassy in london where as we all know the wiki leaks publisher has been holed up for the last six years this letter is addressed to julian assange basically calling upon him to testify in what is being described as a closed interview at a mutually convenient time and location now given we all understand julian assange has made it clear he has no plans to be leaving that embassy any time soon out of his own free will but this is going to be some kind of question and answer session that is probably going to be taking place via some kind of web link and we have seen no that we can leaks or julian assange his legal team already react to this

letter saying they would be open to this kind of testimony but it must conform to a high ethical standards well of course all of this falls under the existing narrative led by the west that julian assange along with russia had something to do with getting donald trump elected back in twenty sixteen and of course when it comes to the topic of russia and being somehow involved with a country julian assange himself has denied any of these allegations over and over again really countless times. is normal. and it is normal that. something fourteen year old kid a fourteen year old kid could practice so there to try to bring in is the russian intelligence services hillary clinton stated multiple times falsely seventeen u.s. intelligence agencies had assisted. russia was. the source of all publications. that's false and of course the latest that was

talked about in washington is twelve russian intelligence officers who were said to have broken into the d.m.c. server and taken sensitive information to be passed on to julian assange and wiki leaks to be later published so hopefully with this kind of testimony that will now apparently be taking place sometime soon with the u.s. intelligence committee more lights can be shed in terms of setting the record straight. human rights activist peter tatchell believes the senate's offer may be just an excuse to go after sandy but i suspect that their motives are not purely about this issue of alleged russian interference in the us elections i think it's probably something much bigger and relating to the other materials that journalists aren't has published in the past i think they want to sneer he mean to somehow admitting or implying that he got information from russian sources that that seems

to be the focus of their attention. and i think it also may well be a way of gathering further evidence against him for use in any subsequent prosecution in the united states so journalists aren't has to tread very carefully and i'm sure he's quite capable of doing so and the wiki leaks founder has been stuck in the ecuadorian embassy in london for six years now over fears he'll be extradited to the united states if he leaves the building is a recap of why exactly his revelations have angered washington. i. i i.

i. the touch. oh. hello. hello does he say any the millions of those who are like wiki leaks walks like a hostile intelligence sort of like a hostile takeover of. iraq

concerns social media platforms policing what's acceptable to say and think to numerous accounts but i'm going to both libertarian and conservative figures were alleged hate speech. takes a look at what's now considered a violation of tech shots policies. what matters are all of the stories we hear from all of you about the impact your connections have had on your lives you can choose from an infinite range of topics that interest you and then easily follow that topic in the news countries and cultures are brought together like never before. that was the online world as we used to know it all flint's to any of those pesky folks trying to set limits and two thousand and eighteen you'll be told to hold up if twitter decides there are sparts of your world that shouldn't be discovered what if you're keen to know what someone.