less than seventy percent capacity since twenty twelve according to mexico's energy department requiring 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 build an at least a new one for approximately eight point six billion dollars ordered or also refer reaffirmed his intent to review more than one hundred exploration and production contracts awarded to private oil and gas company and gas companies since the controversial twenty thirteen reforms which let's remind our viewers open the country's energy sector for 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 sir 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 also an extensive plan and many mexicans are asking themselves how is obrador going to pay for it and will this mean more taxes for mexican so there is 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 from mexico. and earlier today u.s. 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 nefarious business conduct well 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 for which the c.e.o. of straw mark joins us to talk about brecht and the rough road ahead before the united kingdom leaves the european union next march plus while involves murder from i.h.s. market joins us to discuss how the trump tariffs are impacting livestock and me stay right there will be back in a flash. when

lol make this manufactured sentenced to public wealth. when the ruling classes protect themselves. with the financial merry go round the sun be the one percent of. the time we can all middle of the room see. the real news is. crazy conspiracy theories that they're all worthless. and all money the boss forgot about the back of the buses run them over the fuss because we want rush limbaugh wonder bread and fake news to you die that's america.

america was never great was founded on the rape and murder. nothing changed so we said all response to these situations that we're dealing with. people get shot every day she is just sad people kill each other blacks are 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 ride like this is the reason.

welcome back there's 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 announced 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 a smaller increase in do it yourself consumer sales the company has now up their earnings estimates for the rest of the year to seven percent. compensation for

a 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 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 a 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 really is 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 now want to talk about the u.k. and bracks that are most pleased to be joined by our friend the c.e.o. of. martin you can hear us dual citizen of. the world lee hillary for which hillary thank you for being here great to have you back you're welcome bob always so first because i want to ask your thoughts on the line that we just did about the incoming equality gap you know we talk a lot about that you've actually helped us on this program in the in the u.s. but it seems the u.k. is not immune from income inequality no it's not and you mentioned the labor prime minister reeves she's got a point just in terms of these compensation committees don't forget the compensation committees do have to please the c.e.o. so what are they going to do however i think is a great move towards it being based on the conversation being based on successes and also keep performance indexes but 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 the small and heritage wealth these are people who have made great strides in the business community by studying accountancy and working for 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 years it's become a meritocracy you know there was talk about you know it's a last fall but it's there's a lot of us all know but it's become the lab's making good this is no longer inherited wealth these are hardworking british citizens who have become successful through their own hard work and reve should be happy that so many people have had

upward mobility through this system in the financial sector and i totally get that you know people that have spent their entire careers should be compensated at the. highest get the most money less than the bride but it just does seem like such 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 that conversation needs to be tied to k.p. i keep a four month indexes so we get a brick brick sit so let's foreign minister met this week with mr hunt and said look it's only a fifty fifty chance of getting the bricks that deal based on 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 has 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 minister trait 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 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 morn the favor so the so that britain is in control that's what britain wants however if you are tia's is a check is planned good they'll say well we're still too tied to the e.u. if you oscar main is it a good deal they'll say well it doesn't provide protect our financial services sector in many sectors enough 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 and to me it seems like the u.k. is really not in a great position to be negotiation because it's more important it would seem to be for the u.k. to have this deal than the e.u. 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 get a 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 mentioned 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 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 the 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. 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 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 actually is a benefit for the domestic producers to have lower prices of grains with soybean meal and corn within the u.s. and so what that provides is an opportunity for expansion in some of the meats too and 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 us 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 is 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 port has been the one that's been terrorist from china we've 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 agony and ecstasy 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 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 that 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 network 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 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 a potential crushing facility it's a story of beans with china that means that their input price is going to be higher and so therefore they have to try their sell theirs who are being oil and so would be a 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 that's it for this time thanks for being with us and as always catch gold coast on directv channel three twenty one dish network channel two eighty or streaming twenty four seven on pluto dini 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 if. it's a very rough terrain you saw it's rough play modes and you have to fight to be able

to defend. it was gunshots on top of them and so very fresh to what happened in the morning. and you know not. going back up. you know i don't want to see it but a body in that surely is ready to participate in the good is both really good wouldn't. you don't think about these three of these soldiers on the you've got three teams like any other and other patients. when a loved one is murdered 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 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 the is 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.

we visit one of the syrian cities was tense by the war aleppo to witness the reconstruction process after years under attack by islamic state and militant. syria and sanctions are set to lead talks one on glimmer lindland amid putin meet in germany later on saturday. and the u.s. plans to spend up to fifteen million dollars on and harvesting soldiers physical performance and insurance it warns future conflicts will take place unless medically were first areas.

as ari will welcome you watching r.t. international with me becky aaron the top story this hour with the syrian army reestablishing control of the country a new war is being fought against the destruction by militants and terrorists during seven years of conflict the rebuilding of key infrastructure is under way we traveled to syria to witness the recovery efforts first. much of the city of aleppo is still in ruins reviving it to its former glory is a task of gargantuan proportions and of immense political and economic importance the citadel of aleppo has become the symbol of the city's resistance. but our lipo is much more than just a maze of antique streets and attractions from history books.

the militants have stolen computer units with chips for the machines they destroyed the factory on purpose they wanted to damage syrian industry as a home and specifically industry in aleppo reviving this that. was. one rebel control of this area they emptied and basically very dysfunctional congress. he's. going to be immense but now that the former industrial hub is slowly getting back on track things are finally looking up for the people of aleppo. two years ago during the war we couldn't even open our

shops the shelling snipers were everywhere you couldn't live under such circumstances we covered the roof of the building back then so that we could take cover it was unbearable we took shelter for about half an hour whenever the shelling started we just locked ourselves in here thank god now we can work peacefully day and night we just hang around. just like the good old days under joe a little the atmosphere is really good around here the weather is nice everybody is feeling safe and it's only getting better you can see getting better day by day lanham outlet and i was lucky enough not to leave my home the wind this is the district the rebels couldn't get to at the time there was a blockade once but it was firmly lifted now saying god things are better despite all the things we've been through we're no better than one of them when you know it's safe you can return home if your house lies in ruins you can still fix it the main thing is it's safe now. just

a couple of years ago these turned used to protect people in the street from polling shows and well now they're sheltering them from the sun story the city of aleppo has been the economic capital of syria and now with the world gone finally some traders are coming back to treat. reporting from aleppo in syria. meanwhile the u.s. state department says it will redirect american stabilisation funding plan for syria to other foreign policy efforts washington insists though this will not affect its humanitarian assistance program meanwhile saudi arabia has pledged one hundred million dollars to syrian reconstruction efforts however the money will only go to the northeast of syria region under the control of u.s. backed kurdish forces and while some programs are cut others remain in place with

the u.s. saying it will stay in syria for some time yet to battle the last pockets of terrorists. 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 joshua landis head of middle east studies at the university of oklahoma sais america's interests in syria go far beyond elimination of terrorists the united states does not want aside 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 of course they're also worried about what's going to happen if their products where there are very complex negotiations and then 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. ok day for while diplomacy as applied to me putin travels to germany for talks with angela merkel on saturday among the pressing issues on the agenda our theory up on sanctions the new holkins reports from the lead. this is the second meeting between chancellor merkel and president putin in a matter of months the last one being a visit by the chancellor to the city of sochi back in may her message has been very clear this is a working visit don't expect any concrete results the media though have already been speculating as to what can be gained from these talks can progress be made on key issues and who can come out on top now while remaining realistic merkel has emphasized the importance of having a relationship with russia and having functional dialogue and communication syria will be one of the key topics where this will be important as the scale of the

conflict simmers down differences between leaders very much remain and mrs merkel viewed this as an opportunity to find some common ground he says that's what's going on and a meeting on syria between germany france russia and turkey could be useful it needs to be well prepared there's the reason why there is no date for it yet we are working on an prepared three meeting of ari dreiser's and afterwards who will decide whether such a meeting makes sense but to do this have previously clashed on multiple occasions mrs merkel has been one of president putin's fiercest critics in this though in recent times the two leaders have been pushed closer together into a political marriage of convenience both have been affected by american economic tariffs russia has been hit by u.s. sanctions with more to come on the back of the north shock scandal and merkel has been criticized by trump as being a russian captive because of gas supplies the latter will be a key topic with the north stream two pipeline project pushing ahead despite both

criticism and controversy at last the ukraine which has been a soft thorn in the side of russian german relations since twenty fourteen would also be discussed the implementation of the minsk accords and peacekeeping operations as well despite their major differences of course they do have common ground only iran nuclear deal on bilateral economic issues as well. and through. your brush and mr putin's knowledge of germany they have always maintained at least a quarter of a relationship. with michael moore while we don't know each other well enough but i'm amazed by the ability to listen.

to. this because it was so in such it is now in the russian president likes to drink the german beer and sometimes there is a possibility that we can make exchanges toast i've also got a very good smoked fish. and you know from time to time since a couple of boards over the right above the. but before meeting merkel in germany putin's also paying a social visit the russian president is making a stop in neighboring austria to attend the wedding of the country's foreign minister karen kony so the ceremony will take place at a video out in austria is styria state and while some are guessing whether putin

will offer a dogs to the bride and what present he has for the couple others have slammed the foreign minister for daring to invite him. the u.s. department of defense is planning to spend up to fifteen million dollars and haunting the performance and didn't do and some of it still does but it has kind of more than explains history shows such programs have to be handled with care. that 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 imagination has plenty of places to go.