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tv   Boom Bust  RT  August 18, 2018 8:30am-9:00am EDT

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issues she has always maintained a cordial relationship with the russian president. while we don't know each other well enough. this is because it is known the russian president likes to drink german beer and sometimes there is a possibility that we can make exchanges i have also gotten very good smoked fish. angular from time to time since a couple of bottles. however
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germany is not putin's only stop off on saturday before he gets there he's paying a social visit attending the wedding of austrian foreign minister. and business found involve. the ceremony will take place at a vineyard in austria styria state and guessing whether putin will offer to a dance to the bride and what present he has for the couple others have slammed the foreign minister for daring to invite him. two palestinians were killed in the gaza strip on friday as protesters attempted to break through the border fence with israel the demonstration is part of the great march of retaught which started back in march this year for one hundred seventy
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people have been killed by israeli soldiers in that period tel aviv says the protests are a couple of terrorists because a base for for him to could already was at the latest protest. holliston news continued to protest for the twenty first friday there israelis continued to fire tear gas canisters and live ammunition on the palestinian protesters. the situation now is escalating as the palestinian protesters are trying to burn you to burn some tires to blur the vision of those already snipers there israeli forces continue to fire more to gas canisters on the palestinian protesters to disperse them and to keep them away from the friends at least two colace immune injured in a very very critical condition as you see palestinians are are bracing the palestinian flag. throwing stones on by israeli snipers and this is how the palestinians have been confident their right to snipers and the israeli forces oh
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my god live many in this unit you guys come to stores are now being fired that gun on the palestinian protesters and as you see it's kind of the fired on the part of student protesters where your gas canisters are being fired from on directions as you see the place is filled with with white smoke everyone is suffocating from a tear gas fired this is also one of the injuries are from the tear gas fired just right now. no funds for the first time i see this there is no fence where the palestinian protesters had that ability to break the funds well protesters are hard to live nobody ever was. god. was that the only thing in time that billy did to break up friends died thirty five . suiting live in unison on the part of the problems to everyone is coming back.
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meanwhile the israeli defense forces say the response of the troops to palestinians trying to break through the fence was in accordance with standard operating procedures and other protest was held in the west bank this friday where people marched peacefully against the demolition of a local village. i know. i'm here to support the people of the village i hope that people come from all over to stand with them so we can be sovereign in our lands a palestinian activist i had time either joining the protest and out of the seventeen year old was recently released from jail after serving an eight month prison sentence for slapping an israeli soldier in december twenty seventh seen how she condemned israel's decision to demolish the village israel claims that it was actually built illegally and has offered to relocate locals to a neighboring. fiji has
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been appearing in the spanish city of basra lona encouraging holiday makers to jump off their hotel balconies and mockingly says the practice known as balcony is fun but it also according to them improves the quality of life for locals on a balcony that you were jumping off the balcony into a pool or climbing from one bulky balcony to another the dangerous activity is growing in popularity with tourists some hotels have banned it and introduced a fine. the pro balcony graffiti that sprung up in barcelona online anger at people
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pointing out that this year alone six people died performing the stunt most of them from the u.k. or island the u.k. foreign office has warned brits against engaging in the practice and the victims were typically drunk and lost their balance and we got reaction from tourists in wasilla. thankfully i have seen real we've begun to post so i am out of sight ok then there is no sir like many messages very violent like you against terrorists i guess the same in them like they want to have the city for over them they know it's important to maintain jobs to make some money out of tourists. i think you should get some kind of tax like again i have this many tourists like you on that it's not comfortable for and i have to have a cite for this as well i think that's nice to see that's just so open to so much and it should be accepted. for a formalised shouldn't really aggressive and so is this it's the main source of
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income. but nothing like that since. i think it took. if i would live here and i would see guys ruining my city. hall style sometimes with the like. in programmer times and just. lead. we have no idea what safety is doing on vacation but she will be back on air in september.
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crazy conspiracy. forget about the back of the bus is. because we want. wonder bread and. that's. why you started a program here on out so you thanks for joining us russia is it again that's the claim in a new article in u.s. magazine the atlantic and says the kremlin has set its sights on meddling in the
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upcoming midterm elections with russia's objective being to weaken america. goes on to explain russia's alleged three step plan to break american democracy unleash the russian hackers second by corrupt us politicians support those who think favorably of putin. also claims that this channel helps to undermine democracy by inviting all guests to be well who do you a question the mainstream narrative for example the name brandon straka as an example he's the founder of a movement encouraging democrats to walk away from that party though the atlantic fails to address the other channels that also have the same man on as a guest. well i i myself was a lifelong liberal democratic voter i would say kind of a democrat by default because i'm a gay man and i think that the expectation for
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a lot of minority groups is that we are supposed to vote democrat and that we are supposed to be liberal friends strake has spent years as a liberal he now says he's concerned by what the left has become well before the election i was already starting to feel uncomfortable with where we were headed in terms of identity politics and p.c. culture. political commentator lionel told us what he thinks is behind the anti rush articles like the atlantic's nobody ever calls these people to task they're paid for by volume or how many likes to get how many clicks hey that was a great article factually incorrect. factually a baseless and also the mentality just feeding frenzy of this this monster dis ma this monster that you must feed constantly with this no rush no nato no bad guy no bogeyman so there's many reasons why the booty made the straw man
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the specter of the evil image of russia must be maintained because it fills because somebody talked about the time the power of nightmares it was going to b.b.c. documentary and you need something to see here you need something in historically this post you know cold war a red baiting this russo phobic hysteria feeds into this is well and there's an audience for it in. the us the department of defense plans to spend up to fifteen million dollars on an haunting soldier's physical performance and insurance because r.t.c. often explains such programs must be handled with care. treated . hollywood science fiction often depicts the soldiers of the future with all the talk of a space force from donald trump and fighting robots across the silver screen our
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imagination has plenty of places to go. now on the surface a new grant from the pentagon for extramural biomedical research and development doesn't sound so bad the object is to create soldiers who can withstand even the harshest circumstances take a listen develop technologies to maximize the physiological performance of s.o.f. operators including enhanced in durance enhanced senses tolerance to environmental extremes and enhanced overall fitness in order to maintain operational posture ability in high stress scenarios without noticeable augmentation and without hampering personnel mobility additionally the ability to accelerate the effects of sleep through methods requiring less time a vivid picture i know the prototype. now
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let's give this a little context this won't be the first time that the u.s. military has engaged in this kind of research. that. the. now at the time these grotesque experiments using american g.i.'s and civilians
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essentially as lab rats at the time they were taking place the public knew nothing about it it was all classified now the public documents indicate that these new experiments will not involve human beings only human simulators however anyone who is familiar with the not so well publicized very well documented history of us military research they'll certainly raise an eyebrow. r.t. new york. occupy london appears to be the latest victim of facebook's recent spree of shutting down pages of the social justice movement had its page taken down for several hours of the movement says this is not the first time that facebook has tried to censor its content occupy london is a social justice movement founded in twenty eleven it's part of a global movement that's organized hundreds of protests against financial elites at the movement says its founding values are equality and diversity occupy london has a significant social media presence with around one hundred fifty thousand
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followers on facebook now some say that certain pro palestine posts by occupy london might be to blame for facebook's action we asked facebook for a comment the social media giant has since apologized to occupy london saying it was all a big mistake and georgia one of the movement's activists is not entirely convinced if it were just you know sort of a blip in the state of the blue it probably wouldn't be very much it's over the problem is this is part of a massive rear guard action i think by the establishment you know anyone can go online and see the evidence this and. chris henchy this is a pulitzer prize winning journalist it's been one of those. exposing most the details of this but effectively what's happened is that in the name of dealing with fake news a many progressive web sites that have been a major part of you know bernie sanders jeremy corbyn etc. they used they found the traffic going down. websites like alter net truthdig that you know mainstream
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progressive web sites is in a traffic jam by seventy percent and these are algorithms devised in private nobody can inspect and have a huge impact on what information the world gets to see about what's going on and that's a hugely significant i see going forward the relevant thing today in terms of discussion is still a very powerful force online and has millions of people engaging with its posts and so it's very dry and others like them on not in the name of fake news affects everyone moved from most people's internet searches and i think this is a huge issue going forward bearing in mind that google and facebook are very very close to the american establishment you know the washington post is owned by jeff bezos he was a mess and so but not surprisingly he's very keyed in the using the washington post to make sure that the internet allows his articles to come up at the top of such as a no aunts. and his audience and after wrapping up the program for this hour here on this saturday there were plenty more stories for you in about twenty five
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minutes of you can join us then. look. to it. when a loved one is murder it's natural to seek the death penalty for the murder i would prefer and it's meaningless in the death penalty just because i think that's the
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fair thing the right thing research shows that for every nine executions one convict respond dennison the idea that we were executing innocent people is terrifying there's just no way to parent and that we're even many of the times 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 what 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 this isn't the way. to. cut costs. this is bull bus broadcasting around the world from washington d.c.
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one of our children thank you for joining us coming up on the program today we take a look at ten some more of the world's largest investment companies an angels largest tech company with a market capitalization but head bent. close again on six hundred billion dollars the giant company took a stumble this past quarter for the first time in thirteen years thirteen years we have to see all the stocks which most are most to give us her two cents on ten cents and other stocks including some of the retailers whose earnings we reported on last time plus artes nickel so donovan looks at incoming president to give president member a low present obrador the temptations plan to transform the mexican energy industry and the c.e.o. of straw market reform which joins us to talk directly and the diminishing chances for a deal between the united kingdom the european union before the u.k. leaves next march it could have large and long lasting implications and we spoke
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about the trade and tariff wars many times and specifically the impact on the u.s. and grains in particular soybeans but what might be the impact on livestock and therefore meat prices and which big egg companies my feet impacted the most we asked while in malls further of this market who spoke to us a few days ago from columbia missouri now let's get to a few stories topping today's financial and business headlines financial regulators who came to power after being nominated by president trump and confirmed by the united states senate are reportedly getting big bank blowback on their proposal to relax the so-called volcker rule which was approved in the wake of the financial crisis back in twenty thirty and i actually helped write and vote for the final bowker wrote that money futures trading commission one of the five financial regulatory agencies which crafted the measure the bowker rule banned speculative trading by big banks although it allowed such trading on behalf of bank customers big banks speculative trading was one of the culprits to the economic calamity
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according to the financial crisis inquiry commission established by congress to examine the causes of the crash but the big banks are saying the proposed effort to relax the rules could end up making it even more complicated the. street journal reports representatives of j.p. morgan chase bank of america citigroup wells fargo and six other banks all met with federal reserve officials to complain about the proposal which is currently out for public comment the specific concern relates to an accounting definition of what speculative trading and compass is by effort to relax the rule of financial regulators have proposed using a standard accounting term called available for sale securities that financial term of art according to the banks has over lee broad and would make determining which trades are speculative on behalf of the customers were difficult to determine the public comment period on the proposal ends on september twenty. third of measures announced by the u.s.
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department of treasury are again targeting chinese and russian companies which the department says have assisted illegal shipments on behalf of north korea treasury's actions are aimed at one individual and three specific companies including chinese logistics syndicate daylon sun moon star and its singapore based affiliate in addition to the company profit a russian based firm the move comes as the u.s. remains concerned that efforts to denuclearize north korea the democratic people's republic of korea or d p r k needs to continue international pressure of economic sanctions to be effective that apartment contends the chinese and singapore based business use falsified shipping documents to transport alcohol tobacco and cigarette related items into north korea in violation of u.s. and united nations economic sanctions korea has reportedly profited generally from the it's a list illicit cigarette trade to the tune of get this one billion dollars per year
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and profit it is accused of providing port services that shipping services plus providing fuel to those ships the to north korea on no less than six occasions and continues to do so even after the company's employees were informed. of the oil related sanctions on d p r k last year the us ambassador to united states nikki or to the united nations rather nikki haley said quote oil is the lifeblood of north korea's effort to build and fund a nuclear weapon profit its director general a russian national was also accused by treasury of personally aiding in the endeavor and interacting directly with north korean representatives in russia u.s. treasury secretary steven minutia said in a statement quote treasury will continue to implement existing sanctions on north korea and will take action to block and designate companies ports and vessels that facilitate illicit shipments and provide revenue streams to the d.p. r. k.
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. highest paying jobs in the united states or in technology according to glassdoor that is of the twenty five highest paying jobs fourteen are in the technology sector that's up from last year with the leaven of the top twenty five earning jobs the positions include software development and engineer managers and enterprise architects even the lowest paying of those positions average one hundred thousand dollars of annual income each year incidentally see street level positions were excluded from the report's calculation. and speaking of the tech sector ten cents the giant norma's chinese investment company which is also asia's biggest technology company with a market capitalisation that had been closing in on six hundred billion dollars last year has taken the first quarterly earnings stumble in thirteen years what's that all about here discusses a c.e.o. of the stocks which most are most to weigh in on ten cent and other stocks melissa
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welcome back thank you so much a ten cent became the first tech company to breach that five hundred million dollar capitalization level last november yet this year the company has lost twenty five percent of their share value and more than three percent on the single day earlier this week on tuesday i have been some concern related to their growth in ten cents mobile gaming what's that all about what's going on melissa. well the problem is that china has the regulators now are not approving any more of these gaming licenses so that's cut into what ten cent does but overall just looking technically at the chart the chart is now in a down trend it's not a body at all it really has been trying to hang on for quite a while it could have turned around and these earnings but now with this coming out about the game mean that really has definitely hurt the company and they are headed down tried i will say this in china gaming is huge it is huge it is the number one
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country in the world where there's about a thirty eight billion dollars in revenue for gaming and there which is incredible when you think about their show many people that are doing that online on apps and for whatever reason they put a halt to this for some of the approvals and we just have to wait and see what happens in the stop might turn around but as of right now it is definitely not a buy. and i mean that's an incredible level i think i said it right in correctly you know five hundred billion with the be and i think they're up at five hundred eighty billion not too long long ago but you know it is a chinese company and how is the trying to use government dealing with it i mean it's strategically important for the nation right. well well yeah i mean obviously they do a lot of things but i mean this game is big as i was saying because it's huge in china itself so they've got it here too whatever the regulator say so i'm sure they're trying to work it out again i they're not really disclosing why they put a halt on this but that's what the chinese government has decided and they do like
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to control a lot of these things more so than even the regulators that you see in the u.s. you know and you know we talked about tech stocks last time and i know you're sort of on them but when you talk to actually got to talk facebook which has had troubles of we've talked about over the last several months and that really some slumpy trading such as this week it hasn't been a good few months in general for in the media at least for facebook how are they doing overall melissa. facebook if you look at the bulk of tax cuts at tech stocks right now facebook i would say is at the bottom and i and that wasn't the case before they had just recently made brand new all time highs but now the stock isn't looking that great it's under two hundred it's around one seventy seven or something it was trading at this week and the previous high was to thirteen but overall facebook i wouldn't go along here but it doesn't mean it's disaster for the stock i would say though that it's a wait and seen as far as buying back into the stock after the earnings and after i
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q said all the media problems that they've had this year i don't think it's over with them about the scrutiny they're still on board for having to deal with some of these issues that have happened and i don't look at them the same as a company like apple is on their netflix even though these are all tech stocks in the bucket i would put facebook at the lower end of the list right now very very interesting we've only got about sixty seconds melissa but i do want to talk about some other stocks particularly the retailers wal-mart just reported this week and boy they were doing gangbusters but there was others those stocks out there to target and macy's and what's with wal-mart real quickly and is there any sort of commonality among retail. well i will just let me just quickly address wal-mart for a short time here wal-mart was the stock of the week wal-mart kept up huge huge stepped up some points on the air against wal-mart i absolutely love i will tell you we've talked about amazon before wal-mart is going to compete against amazon it
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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 times 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 over the stocks which thanks very timeless 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 refer 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 reforms which lets.

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