tv News RT August 9, 2018 9:00am-9:30am EDT
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we now turn to our correspondent alex mann hyla that huge joins us live from toronto canada alex 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 can 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
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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 it invested in canada the canadian
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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 mahela 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 britto helps us consider that labor referendum vote in missouri yesterday and what it may mean for u.s. labor laws emily chang fills us in on another pipeline controversy kathy that she
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is close to real well network health was examined u.s. housing and here the numbers are closing down back in a flash promise. it's only natural that baby boomers one vote for policies that help them i house price booms and stock price things and different franchise and bottom you know age groups but it's like oh well. tough luck buddy get a job kids get a job. this
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is. a church secret indeed priests accused of sexually abusing children can get away with it which is literally like to call this to do graphic solution so what the bishop needs to do then he finds out that the priest is is a perpetrator is simply moves him to a different spot were the previous vandalism the highest ranks of the catholic church conceal the accused priests from the police and justice system to that end of that's known as the i and then i included use this out in the. first. place.
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told to be quick and we're back yesterday we previewed the big test of strength for organized 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 of 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 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 won right and it won 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 sixty seven point five to thirty two point five plus a huge victory huge victory and the time they won they really needed it as you mentioned after this big loss at the supreme court in june in the janice case
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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 us and the teamsters the missouri a.f.l.-cio president said that in their 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
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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 or 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 to out of the really big big big deal and it would have made missouri what the one third town it would have the right to work state in the twenty eight the right to work state and they've added six in recent years so this is a push that's been heating up in the end 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 the 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 efforts but one thing is sure that this is still going to go on the first time right to 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
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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 manilla trent 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 enbridge 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
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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 these 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 native american peoples require these lakes for their wild rice they've been. while gracing the harvesting for thousands of years the oil is a pollution and when it leaks and it does leak it kills 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
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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 this is a citizens issue this is not a political issue this is a citizens issue that is taking place right now in all of our states and the science shows us that we. were contending with dead mass of dead areas on land in under the sea from heat the heat comes from burning fossil fuels we know this
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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 least worst option available for everyone and washington manila chan r t. 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 u.s. base by. 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 tim lesnar may and then malaysia's then prime minister najib resign and one m d b these sprawling development company created in owned by the malaysian finance ministry multiple corruption scandals at one m. d. b.
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likely lead to mr ross next recent election lost as he was charged in the scandal last month now the times says 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 has these celebrated and home values have begun to slide just a bit 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
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a surprise given the large price increases we've seen over the past four years the national so station 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
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a really hard time doing that because of rising builder cost 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
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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 a 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. where 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 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
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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 faqih the c.e.o. of real world network it was 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 eighty 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 youtube dot com boom bust r.t. we'll catch you again.
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the way to the united states is dangerous for most of the illegal immigrants. crossing their fingers just as they would a simple they want to become must have wondered last sunday about what if many of them look for refuge in the so-called sentries sides of the drug used to share information about undocumented migrants with federal authorities how to best person asked bank of mom. policy to point out how they are the best and i guess i'm in a lot of question that one that. they have or what are the options to stay in the country with donald trump in the white house all over for the gravels. the who can be bribed to do. a said sit struggle to many couples won't. kill the chance of
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putting food impulse response both of you upwards of up to the bulk of the. join me every first week on the alex salmond show and i'll be speaking to get off of the world of politics sports business i'm show business i'll see you then. first. of all those. georgia shows don't google so diageo don't just first take. the student eleven to tell you. let me. read. it to most bridget does. something she does the senior.
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stolen over one hundred years ago. the british museum on the program visitors should be given. five thread i think. it's just history. eleven am on thursday here in moscow this is the international welcome to your new us it is imposing new sanctions on russia over the poisoning of. his daughter in the. saying that it holds moscow ultimately responsible. the united states six two thousand and eighteen determined that the government of the russian federation has used chemical biological weapons against its own
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national are to use this as a joining us live in the studio here thanks for coming on and helping us with this story here new sanctions now dish now from washington against russia what kind of sanctions are we talking well despite any new evidence coming to light the u.s. wants to impose sanctions on russia and this is in regards to the form of poisoning form a double agent sake a script and his daughter can march now the sanctions will be implemented and two sets the fish sets will ban licenses for the export of sensitive national security goods to russia including electronic items and these kind of exports have been previously allowed on a case by case basis the second round of sanctions though will be more severe this will be the prohibit us baron colognes the terminations of carrier landing rights which which could affect flights from russia to the u.s. and further restrictions on exports and imports as well but the u.s.
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says they that the second round of sanctions will come into effect unless russia provides reliable assurances that it won't use chemical weapons in the future and agrees to on site checks by the u.n. but when you say reliable assurances it was last year twenty seventeen the international community the o.p.c. w confirmed the destruction of all chemical weapons in russia exactly the chemical weapons watchdog verified the destruction and can fend this in september two thousand and seventeen but we're still waiting for now is there that evidence as to why sanctions of being imposed now and the u.s. has already implemented measures you might remember that around sixty diplomats were expelled by the u.s. last spring when this saga fest escalated but when questions. at the press conference the state department official didn't mention any further reasoning behind the sanctions whether this was because of all the evidence or new evidence let's take
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a listen to what they had to say. where are you getting the conclusion that rush is behind this creep poisoning i will leave it to others to characterize the current state of our understanding of the scruple affair we've been very clear that we agree with the assessment that it was a agent and that the perpetrator was ultimately the russian federation i'll leave it to others to give those kinds of details of what we currently understand obviously from reading the press it appears that their investigation is ongoing in terms of the scope and nature of the details and its implications but i'll leave that to others. so the key words there from the official swear a leave it to others to give the details so whether the u.s. wants the u.k. to disclose the evidence behind the attack remains to be seen and the u.s. is now skating around the reasoning at the moment issuing fresh sanctions without fresh evidence and all the while russian officials here in moscow keep asking for transparency for evidence of keeps asking can russia be involved in this
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investigation and yet we understand the basis of the u.k. as evidence still falls on the quote highly likely stance well the case views on this always has been highly likely that russia is behind this attack saying that only russia has the motives the means and the record to target the school policy and moreover as well moscow has repeatedly denied involvement with this offering offering like you said cooperation on the investigation which london has repeatedly denied but so far we know that the chemical weapons watchdog the a.p. c.w. and porton down haven't been able to confirm all region of the nerve agent we have not verify the precise source but we provided the scientific information to the government but you have not been able to establish at porton down that this was made in russia as i said it's our job to provide eat you know the scientific evidence that identifies for that particular and their future and
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theirs but it's not our job to see where that actually was manufactured to be create your not tell you to look cool down to say where it is from we haven't yet been able to do that. as a novice's move the p.c. w.'s repeat what i did to foreigners the country. of origin of the agent used in this attack. so u.k. officials insist that the task of porton down was simply to identify the nerve agent not to temin the origin but it's come to light as well know the child can be made in several countries not just russia and now we're left with this highly likely stance from the u.k. and the u.s. is issuing this fresh round of sanctions but we haven't seen any new information come to light here in the sanctions that the be imposed on or around august the twenty second in the meantime the u.k. prime minister's office has welcomed the new batch of u.s. sanctions on russia the russian embassy saying it only wants transparency it still
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asks can we please to be a part of this investigation by the russian embassy calling these sanctions describing them as draconian measures. so i think thank you. well the sanctions have not yet been imposed but already impacting the russian economy with the ruble plummeting to its lowest since the twenty sixteen crash earlier we spoke to former u.s. diplomat jim he says the new sanctions have very little to do with the script alcaeus 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 trying to warm relations with moscow 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 political ploy to conduct centrally
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a kind of a warfare against russia and i think that people in the kremlin know that i think they know there is nothing they can do nothing they can say that would satisfy these demands. facebook could have much closer ties to washington than previously thought is now in most of the platform is relying on experts funded by branches of the u.s. government and even nato when it comes to tracking foreign influence his india patrik. how's that for a mark zuckerberg nightmare here were his steam in front of a horde of suits go and sort these russian bots out sort out the fakes sort them out or did i just paint a good picture of the reality web giants of been facing lately in the past election you. we've seen how foreign actors are abusing social media platforms those
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images that can be attributed or associated with the russian company lack of resources a lack of commitment and a lack of genuine effort the likes of zogby could have proudly said we're just a platform where independent and so. reading out what you call fakes is none of our business but when wall street alarm bells are ringing you know how it can happen with the stocks it could be better to zip it and focus on an intense year. see if we stick to be the tough year began with. news feed algorithm the trick was to boost posts with let's say pics of your friends cat and sideline all that politics related media stuff haha they say this lead to less views likes and comments under donald trump's posts move it on facebook has evolved from policing offensive content to policing news views ideas it can be anything
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apart from your friend's cat if people flag them as potential hoaxes we send those to fact checkers and if those factors that is provably false then we will significantly reduce the distribution of that content but if you want to just get off our platform well look as a horn to some of this content can be i do think that it gets down to this principle of giving people a voice eventually though the get off our platform way to sort things out still prevailed ok and now it's time to meet the fact checkers journalists have found them in a tiny room at these guys h.q. got it at the end of the day facebook's not so happy with that online policeman's hat so zuck and co are outsourcing the digital share locks i'm being serious that's what they call themselves who are let me check where they come from. linked to nato with their help third.
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