tv News RT August 18, 2018 2:00am-2:30am EDT
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or wal-mart is going to compete against amazon it had the best revenues it's had for ten years more than forty percent of americans shop on a weekly basis at wal-mart and that's huge they're going after it they're going to try to compete with amazon they're the only ones that can i love that stock right now for a buy it's really almost at previous highs which was one time and expect wal-mart to continue you could buy wal-mart stock i love that stop going into the end twenty eighteen and twenty nineteen wal-mart is doing it and i tell you they're the only ones that could compete with amazon the always interesting and ever informative melissa are mostly overstock to it thanks for your time melissa thanks. to mexican president elect congress member low price obrador has said his administration will invest billions of dollars to boost refining capacity in order to curb growing fuel imports and what about those foreign investment in exploration contracts have been so controversial in the country r.t. correspondent nicholas o'donovan gives us the details on the incoming president's proposed energy plans. mexican president elect and that is manuel lopez obrador
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announced in late july a plan to invest billions of dollars in pemex the country's state owned energy company this plan aims to reverse years of decline in production appendix the country's existing refineries have been operating at less than seventy percent capacity since twenty twelve according to mexico's energy department require in the country to import more gasoline diesel and other refined products part of lopez obrador strategy involves invest in some two point six billion dollars to upgrade refineries as well as building at least a new one for approximately eight point six billion dollars obrador also riff reaffirmed his intent to review more than one hundred exploration and production contracts awarded to private oil and gas come and gas companies since the controversial twenty thirteen reform. which let's remind our viewers open the
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country's energy sector for the foreign investment for the first time in decades so it's an ambitious plan to boost mexico mexico's oil and gas production but critics say it could potentially slow down the country's energy reforms and obstruct trade opportunities for u.s. refiners and pipeline companies that have already ramped up exports in order to meet that growing demand in mexico so the merican companies are going to keep a very close eye on what's what are the developments going to be under the new president any effort to scale back reforms or even increase mexican energy productions could jeopardize some two hundred billion dollars in foreign investments planned for the country's oil and gas sector we have to point out that mexico's energy reforms are protected by its constitution and obrador has said that he will honor existing contracts so long as they don't reveal corruption but it's
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also an expensive plan and many mexicans are asking themselves how is obrador going to pay for it and will this mean more taxes for mexicans so this still many unanswered questions but the new administration message the new administration's message is very clear they want a more efficient and less dependent on oil and gas sector from mexico. and earlier today you have president donald trump proposed moving away from business quarterly reporting to a six month reporting for companies the proposal would require a change by the u.s. securities and exchange commission and some say doing less reporting would allow companies to more freely make long term capital investments while others me included say the loss of transparency could open the door for to various business conduct what more on this debate in the coming days and right now the time to squeeze in a quick break but hang with us because when we return hillary forwards the c.e.o. of c. drell mark joins us to talk about brecht and the rough road ahead before the
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united kingdom leaves the european union next march plus rylan most programs from i.h.s. market joins us to discuss how the trump terrorists are impacting livestock and me stay right there will be back in a flash. crazy conspiracies they're there they're all worthless they're. the bus forget about the back of the buses run amok. because we want rush limbaugh wonder bread and make news to you that's america.
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america was never great was founded on the rape and murder. nothing changed so we said in. response to these situations that we do in the ways. people get sad every day she is just sad people kill each other blacks were killing children. so it was just no way that people are going to just sit back and allow children to be shot down law enforcement. this country doesn't work for us it doesn't function for us. this is can't be happening in america we call from the streets we've got to deal with why this is the reason i have to run like this is the reason.
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welcome back there is more earnings news home depot reports sales increases in q two of eight percent badly beating the expert estimates of six point five percent it appears the slowing housing market has not yet made an impact of the on the home improvement chain late last year home depot one else a fifty percent increase in capital spending to eleven point one billion dollars over the next three years for more and improved physical stores the brick and mortar stores the company says those. efforts are already paying off and assisted in a ten percent increase in contractor business and i smaller increase and do it yourself consumer sales the company is now up their earnings estimate for the rest of the year to seven percent. compensation for chief executive officers at the foot c. one hundred companies in the u.k. have made an incredible increase over the last year rising eleven percent which pushes c.e.o. pay up to almost four million pounds annually about five point one million dollars
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we'd all like an eleven percent pay raise each year when we however the average increase for workers at those footsie one hundred companies grew by only two percent the data reported by the chartered institute of personnel and development and the high pay center disclosed that full time worker on a median salary of about twenty three thousand five hundred pounds would need to work get this one hundred sixty seven years to earn the median annual pay of c.e.o.'s rachel reeves a labor party member of parliament reacted by saying quote when c.e.o.'s are happily banking even larger bonuses will ever pay is squeezed then something is going very wrong ms rich chairs the business energy and industrial strategy committee which is leading an examination on fair pay in the united kingdom. and we know if you talk about the u.k. and bracks it are most pleased to be joined by our friend the c.e.o. of strong mark and u.k. u.s. dual citizen of the i recall the worldly hillary ford which hillary thank you for
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being here great to have you back you're welcome so i first bickering at the bricks and i want to ask your thoughts on that headline that we just did about the incoming equality gap you know we talk a lot about that and you've actually helped us on this program in the in the u.s. but it seems that the u.k. is not immune from income inequality now it's not and you mentioned the labor prime minister raines she's got a point just in terms of these compensation committees don't get the compensation committees to have to please the c.e.o. so what are they. and to do however i think is a great move towards it being based on the conversation be based on successes and also k.p. eyes keep performance indexes i do want to mention this is two points here just think about who the c.e.o.'s are bought you know fifty one percent of all the c.e.o.'s on the footsie one hundred their accountants by background who becomes an accountant these on aristocrats this one hundred twelve these are people who have made a great strides in the business community by studying accountancy and working for
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many many many years and working their way up also now the number of tech c.e.o.'s has trouble over the last four years so you've got one in nine of those c.e.o.'s are tech whizzes who are they they're also not aristocrats or inherited wealth these are all people i believe particularly in accountancy and find out sort of work their way up they work very hard and they try to earn it and i think reason to look at the upward mobility ever since the american banks went into london j.p. morgan chase back in the fact she is it's become a meritocracy you know there was talk about you know it's a last fall but it's not a yes or no but it's become the lads making good this is no longer inherited wealth these are hardworking british citizens who have become successful through their own hard work and reach should be happy to so many people of upward mobility through this system in the financial sector and i totally get that you know people that have spent their entire career should be compensated at the highest to get the most money best and the brightest but it just does seem like such
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a big gap and that gap you know i can certainly see why average folks or you know concerned about it and that's why i want to have to we have to tie it to the conversation needs to be tied to k.p. eyes keep a four month indexes so we can get a brick brick set so let's foreign minister met this week with mr hunt and said look it's only a fifty fifty chance of getting the brics that deal before the checkers plan. the minister the charge of trying to work this out as the checkers plan is a nonstarter but what's going on here what is the checkers plan and what chance does the u.k. have of reaching a deal first of all theresa may have said no deal is better than a bad deal the check is plan is a twelve point plan it came out of the meeting at checkers which is the prime ministers or treat of the twelve point plan covers sort of everything from budgetary issues like the u.k. will no longer contribute to the budget it did address the date that the dates to
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world main the march two thousand and nineteen but the full implementation won't go into the twenty first it also covered something called the common rule book which is to cover overall trade and overall negotiations bottom line it's sort of like the norway deal things will be regulated but in the more in the favor so the so that britain is in control that's what britain wants however if you ask the tias is a check is planned good they'll say well we're still too tied to the e.u. if you ask or mainers is it a good deal they'll say well it doesn't provide protect our financial services sector in many sectors anough it's a fine line to walk and just real quickly i mean. they've got to do this pretty quick you can't just do it you know in february of next year and it's going to be implemented in the media it seems like the u.k. is really not in a great position to be the go shushan because it's more important it would seem to be for the u.k. to have this deal than the e.u.
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is that correct remember this no no i'm not i'm not going to say you're wrong but remember this ok we've got bussell brussels bureaucrats who by anybody so who to date sort of really report to the european leaders let's take a good example germany germany in germany one out of seven cars is exported to the u.k. ok there's a huge deficit overall britain has an eighty billion dollars trade deficit with europe in other words europe import export eighty billion dollars more of services and goods so you think the european companies that want to trade with great britain oh they absolutely are big more so don't forget all of those leaders are under pressure by the c.e.o.'s of their company in germany i mention the cars we've got all the white on white goods dishwashers and washing machines everything that comes from europe comes from a c.e.o. and that c.e.o. is putting pressure on their leaders angle markel is in a terrible position i would want to be in her position she's been pressured by the brussels bureaucrats and by her own c.e.o.'s so my answer is look britain is going
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to maintain maintain its global leadership role it's the fifth largest economy g.d.p. wise and the european nations want to trade with britain who are forge c.e.o.'s strong mark thank you so much you really great operational way. retail ground beef prices in june were at three dollars and seventy three cents per pound in the us that's up four cents from the previous month up five cents from the same time last year retail ground beef prices have been less than four dollars per pound so for twenty nine consecutive months and now we look at the impact of the tariff and trade works on lived. and meet i ask a true expert rylan malts burger the associate director of agricultural economics and country risk at i.h.s. market here's what he had to say. so rylan we know that soybean prices that we've spoken about in the past have an impact on other things including he'd grains i
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mean how are things going with regard to things like beef cattle and feeder cattle are they being impacted by soybean and corn prices. it is actually is a benefit for the domestic producers to have lower prices of grains with soybean meal and corn within the us and so what that provides is an opportunity for expansion in some of the meats to not have to have a higher price because the amount of exports going to china is not really affected it wasn't really a big market for the u.s. livestock producer for beef it least and so we've seen that really not be affected in the lower input prices feed this is a benefit to those producers now so actually that could be a trade war as could be in this case helping cost of beef price of beef producers because of the reduced feed price it could the only difference here is that within the us we're a major port producer and we've really expanded pork just recently as well and now the lower prices help them produce but pork has been the one that's been terrorist
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from china which sent about seven percent or so the year before and which we're going to see that lower now china did have a lot of production this year and we didn't expect and have a lot of imports of us work but with the expansion within the u.s. over the last couple years we're seeing that we're going to have a little bit of excess supply and that's really going to press down on the domestic part prices good for consumers not so good for produce not so good for the producers let me ask you on the trade thing in general rylan i mean have you ever seen anything like this the sort of trade war that's going on. we have as an example within kind of microcosm of akon and next textiles so i also look at cotton and what we've seen a few years ago is because of policy semesters within china they lowered their imports of cotton where they had a very large amount of imports and so they in essence put up a trade barrier when they were the largest importer globally and so what we see is
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we see these extra now these are different offsets happen so instead of importing rock on what happened because of their tariff the global community started exporting to bangladesh vietnam thailand india these other locations and then they were spinning into yarn and then because of ultimately trade barrier they sent the yarn to china and so what we see it with in many of these cases it hurts certain industries and then all of the once but mostly in net net zero gain in some cases last question rylan when we you got me thinking there which is always a problem i guess in some quarters so what are the large companies that are being most impacted we talked about producers being impacted with prices maybe it's going to help the beef beef and cattle guys but not so much the corn in the wheat guys but talk about companies that you know eighty. con agra cargill how are they going
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to feel the pain of the trade wars or will they. well they might benefit a little bit it's going to depend on which location that they are at and where they have facilities the most so if there is the brazil there's a potential there for them to get some arbitrage of moving beans around from brazil and out and to move some down to south america or but if they have potential crushing facility uses story beans with china that means that their input price is going to be higher and so therefore they have to try there so there's will be no will be meal at a higher price domestically within china so there's going to be some pressure there for their margins for like the traders movers around the globe in that case it's always helpful when you're with us right now in malta berger the associate director of agricultural economics and country risk at i.h.s. market rylan thanks for your time again sure appreciate it thank you very much. and
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that's it for this time thanks for being with us and as always catch bone biased on directv channel three twenty one dish network channel two eighty or streaming twenty four seven on pluto teenie the free t.v. at channel one thirty two are always track us down at youtube dot com slash well bust archie had a fantastic weekend we'll see it. you know world big partisan movie lot and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever we need to be smarter we need to stop slamming the door. and shouting past each other it's time for critical thinking it's time to fight for the middle for the
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truth the time is now for watching closely watching the hawks. when a loved one is murder it's natural to seek the death penalty for the murder i would prefer and it's meaningless to the death penalty just because i think that's the fair thing the right thing research shows that for every nine executions one convict is found innocent the idea that we were executing innocent people is terrifying the is just no way to present and that we hear even many of the dems families want the death penalty to be abolished the reason we have to keep the death penalty here is because that's what murder victims' families want to that's going to give them peace that's going to give them justice and we come in and say. not quite enough we've been through this and this isn't their way.
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thank you for. coming up this hour a special report from syria on how the country's slowly rising from the ruins of to seven years of conflicts. oh my god. that's got to start up being played on the part of the drug that there is also a protest in. the gaza strip continues with palestinians attempting to break through the border fence israeli soldiers respond with tear gas meanwhile as more protests erupt on the border we speak to her to come to the same after filming a video of the demonstrations. no. henry clinton back so young go here melting class during the national anthem
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in protest against social injustice we put the issue up to debate. a little girl needs to spend more time in a constructive manner trying to get what she wants it's not to say it's wrong for them to basically stand up for what they believe in that's what this little greg was doing that's all. it was just ten four am here in moscow you're watching aussie international we start with syria where years of war have left the country in ruins huge amounts of key infrastructure were destroyed including factories and hospitals we visited some of the main sites is rebuilding starts and people trying to get their lives back on track. if damascus is serious about welcoming back millions of its refugees well it has
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a lot to do first and foremost most of the country has been reduced to rubble by the war so a lot of people just don't have a place they can call home anymore secondly infrastructure is a big issue because major transportation arteries have been cut and thirdly electricity is so skies that anyone who has a power generator well is a very lucky person. that's why factories like this one are crucial most syrian cities have to survive amid a chaotic and unstable power supply we've been told that when anti assad fighters captured this facility they looted it clean for equipment and left it badly damaged it's fully operational now but lack of power of course isn't the worst that syrians have had to endure lie i swear we were dying of hunger one kilo of bread for one
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thousand lire you have to eat otherwise you starve to death and i am truly rice and vulgar nothing that. we were living in hunger and poverty we would wake up in the morning not knowing how to manage to get our daily food children suffered malnutrition the ten year old girl looked like a two year old. throughout the war some parts of syria have seen well reflects famine but it would have been much much worse if it wasn't for the incredibly fertile soil and that's why you hear some branches of the trees actually broken under the weight of peaches advanced agriculture and international aid is helping to put food back on people's plates so now with the fighting contained to small pot. it's syrians can treat themselves to something nice this ice cream plant has even had
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a go with its own interpretation of the oreo recipe yet all of this is great on paper but doesn't help much if delivery trucks have no routes to drive on. this just over forty kilometers between the cities of holmes and hama a trip that should have taken somewhat thirty minutes would stretch up to six hours with this bridge destroyed of commuters had to gamble with their lives taking long detours through g. hardy's territories this newly paved highway has brought the drive back to well under an hour this market in homes is more than two thousand years old it has seen many things in this civil war is not the worst of those it has survived through and it is hoped that the rest of the country will follow its model and because john up reporting from syria see.
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the massive reconstruction has also room for artistic way these artists once lived in a refugee camp near damascus but had to flee when it came under attack with peace returning they've now retentive to depict the aftermath of the fighting they say they want to leave iraq or for future generations of what happened at the camp and what they went through. meanwhile the trump administration has stopped funding the stabilization projects in syria but at the same time u.s. officials say they're making preparations for the final battle against. we're remaining in syria the focus is the ensuring defeat of isis we still have not launched the final phase to defeat the physical caliphate this is actually being prepared now and that will come at a time for choosing but it is coming almost all of syria has now been liberated
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from islamist motives most of this is back in the control of the legal government in damascus and the reconstruction of many of serious fifteen stepha stated by the conflict is well underway but president trump says the u.s. and its allies to save most of the credit for defeating the terrorists. coalition to defeat isis has liberated very close to one hundred percent of the territory but doing a great job with isis we have just absolutely decimated eyes is just absolutely obliterated isis in iraq well joshua landis head of middle east studies at the university of oklahoma thinks washington house other goals in syria besides fighting terrorism. the united states does not one assad to become too strong there are hoping to keep leverage in order to try to push iran out of the country to get a better deal for the kurds and and of course they're also worried about what's
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going to happen if they're province where there is very complex negotiations and and russia is at the heart of them so there are many competing agendas in washington and as long as president trump is not spending a lot of money there i think he's happy to keep a few thousand troops if that increases america's leverage the united states does not want to spend a lot of money and that's quite clear and many people have been complaining bitterly about this particularly in iraq and other areas that have been quite badly destroyed they've been pressuring saudi arabia which just said it would spend another hundred million in syria stabilization they've been pushing france and and european countries to try to get them to spend more money rather than washington this is been one of president trump's constant refrain is that others have to pay for this process. and come to pentagon analyst was stripped of his security clearance off he complained about how lucrative contracts were given out to staff
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on how a man who tend out to be an f.b.i. informant with more days house has to caleb maupin viewers will recall stefan helper at the university of cambridge helper met with an individual from the trump campaign carter page and this meeting took place roughly three weeks before the f.b.i. launched its investigation into alleged collusion between trump and russia it was later revealed that stefan helper has a long history as an f.b.i. informant he's worked with the cia what we're also learning is that an individual named adam a lot of injure has been stripped of his security clearance now adam levin ger is a twelve year pentagon. strategist who has worked with the pentagon he raised why it was that stefan helper was receiving over a million dollars over the course of six years and different contracts and it wasn't exactly clear what work he was carrying out now adam levin juror raised this complaint and he was then stripped of his security clearance now he filed
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a whistleblower retaliation complaint and his attorneys are pointing out kind of an interesting chain of events this is what his attorney has to say jim rickets a kept hope was contracts very close to the vest and nobody seemed to have any idea what he was doing the time he. did a good chunk of it. he composed them and then collect the burmans as his fee is the middle is it possible that adam a lot of injure was fired simply for asking about the money that was going to stefan helper in these contracts these allegations are being raised there's a lot of talk about when is it proper to strip someone of their security clearance and when is it not it indicates that there seems to be quite a bit of disagreement within the halls of power in the united states as we head up to the midterm congressional elections well form and my five intelligence officer says whistleblowers in the u.s.
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a not receiving fat treatment. i think we have to await the outcome of his trial of his case just to see what the actual facts might be however it does raise some interesting concerns one of course the over reliance of the u.s. intelligence agencies on contracting out their work and the huge amounts of money that are there by paid to contractors usually friends of whatever ministration is in power secondly of course we have to think about what actually happens to whistleblowers in the us because they've had a really rough time those coming out of the intelligence agencies over the last decade and the americans say they have this procedure where whistleblowers can conveys their concerns and they will be properly addressed and yet we see time and time again that they're not so i think we need also to consider what might be the best path for whistleblowers to have confidence that if they have concerns about crime or about corruption they will be heard they deemed the investigation will occur those who might be need.
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