tv News RT August 24, 2018 11:00am-11:31am EDT
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if you. look at i think it might have been my little bit of the money and i found out a little bit that we are actually that out of money coming. from are you going to get money. this sunday. to see. if you can be no problem. because you know provision of my bike when i want it. or not. but i. just i don't hide i lost his boss because i just got tenure. we don't have anybody
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on a month all of those imposing but the pressure on us i don't mean that has been done . so not as you know part of us you're not. you're not just i mean most wanted i'm already but it was just a lot of the media. i mean most of the law we're going to. give it up as well i must admit that he feels i just don't get off on getting the rest but those were the old list beatle songs those people are going to respect i'm one of those but i want the best i like how they say dissed by this part of the. my family posse equal credible but you suspect that already yes it will be in the thought of getting out there calling cuisia you seem to mean to carry out my thought aloud problem you just got to go. welcome back to us. hot net neutrality news today as verizon is under fire for
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reducing internet access feeds for firefighters firefighters who are struggling to contain the mendocino complex fire in california and then pushing the firefighters to buy a more expensive package plan officials in the sense a clara county fire department presented e-mails this week that show a tech staffer for the fire department pleading with horizon quote please work with us all we need is a plan that does not offer throttling or caps of any kind of rise in account manager then suggested that the firefighters struggling to save homes and lives paper eyes and more money for a service that they had already purchased santa clara county fire chief anthony bowden said in a statement quote while horizon ultimately did lift the throttle and it was only after the county fire department subscribed to a new more expensive plan the gratuitous greed came to light as a result of a lawsuit filed this week by public officials including twenty two states attorneys
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general which seek to restore net neutrality policies that would have prevented this borderline extortion but have eliminated been eliminated by chairman aaj it high and the us federal communications commission is. and turning from wildfires to hurricanes and rising sea levels it looks as if there's an unusual suspect is knowledge ing the threat of climate change to coastal emphasis drugs or this big oil as the associated press reports the state of texas is seeking more than twelve billion dollars worth of refinancing or financing rather for a sixty mile stretch of seawall sea walls along the gulf coast to protect thirty petrochemical processing plants and refineries that produce greenhouse gases fueling stronger hurricanes one year ago hurricane harvey which inflicted roughly one hundred twenty five billion dollars in economic damage what strengthening and route to texas making landfall on august twenty fifth now. government spending and
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climate change deniers including u.s. senator ted cruz are calling for the federal government to pay for the texas project even as the lone star state sits on get this eleven billion bucks worth of a budget surplus and their so-called rainy day fund sometimes politicians positions are like the weather wait a while and they'll change. and speaking of the weather a bellwether for economies and industrialized countries is often the bell it makes the base metal rather dr copper as it's often called it's often used as a prognosticator of the economic future and here is an interpreter of the good doctor is the director of research pricing in purchasing at i.h.s. market john mothers will john welcome thank you for coming back it's so nice to have you in studio again pleasure to be here thank you so kopper since we spoke with you here june maybe it's continued a slow slide it a bit going on that but it's continued that slow slide what's going on i think it's
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a combination of factors i think it is certainly the trade anxieties are weighing on the outlook for coppers keep consuming countries or markets and in particular china so there's this anxiety about what the future growth in china is going to look like and then in combination with that we've seen an appreciation in the dollar and then we've seen investors reposition themselves in the market and i think the combination of the three there are fundamental reasons for that this anxiety about potential future fundamentals and then you add this added momentum from investors and then we will so we've had this sag pricing that's continued now into august let me ask you and i know this is a base metal will talk about a base question so when we talk about use this term dr copper it's because copper is used in so many things with structure but explain the types of things that it's used in the sectors that are impacted primarily by cop sure it's construction obviously the utility industry the utility sector electrical machinery and equipment and then you know for copper. it's now been tagged or it's now sassoon
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into the new sexy industries tech associated with especially electric vehicles electric vehicles for all of those reasons copper gets paid attention to but mostly because one of its important markets construction is generally seen as the leading indicator and it's construction there's like i guess there's plumbing and there's wiring and those are the main the main things right so when you talk about china waning and that having an impact on on copper if we look at where the copper in the world goes is china number one u.s. number two even number three how for the world's market is china about fifty percent hassles and then as it is with a lot of commodities and then when we look at the other big of merging markets brazil india mexico indonesia taiwan thailand excuse me alasia they represent collectively along with china about sixty sixty five percent of total global consumption so what really matters are the emerging markets not countries like the
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united states or the e.u. consumption there is still relatively higher stronger large but it's not growing anywhere near as rapidly so now i come up with a quandary so we've been reporting in all these q two earnings reports and not every company but by and large are doing gangbusters s. and p. reached its all time high. of a record bull run or matching a back record bull run in these stocks so my thought is that all of the sectors are doing pretty well so why is copper down again it's this concern that the the outlook for china in these other big emerging markets is going to grow there is going to slow slow bore than the market had been anticipating because those markets look like it looks as if global growth is peaking now and i think what markets are now trying to grapple with is how much in particular do these big of emerging markets slow. talks or this brewing trade war especially between. china the united
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states has the market concerned that the slowdown might be a little faster than they had been foreseen or even into supporting those slowdown so there's one there is the end to supply a short of what might have been and you know we all know traders or you could trade on anything any little little thing dr copper or anybody any other doctor right but what about the actual market fundamentals what about the supply and the current demand are we at some sort of equilibrium or is there are there are prices down because there's excess capacity and it's a very good question right now the market's in a modest deficit condition we actually see that deficit condition narrowing as we go across the year and our expectation is that when we end twenty eight will see a market in rough balance but looking to twenty nineteen we see the market moving back into a modest deficit condition so now you have at least this fight between what we perceive to be fundamentals of reasonable support for pricing going forward versus this anxiety that consumption growth might get marked down which is causing the
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softness in prices right now this is so interesting we don't have much time to give a long answer but what are the major companies the major mining companies that produce copper what are the top two freeport that report and then could delco chilean national company down in chile chile of course excellent so insightful so interesting john marshall i.h.s. market thank you so much good to see you. and now we move to vaporing what was once seen as a great business with an unlimited future is now in question legal journalist molly barrows from national trial lawyer magazine joins us for the latest on the business and the dangers of baking molly it's so nice of you to join us we appreciate it tell us i mean what are the big companies maybe the former tobacco companies and
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others were they sort of looking at bay think as a way to to save them from reduced cigarette consumption. absolutely barton thanks so much for having me on boom bust today but certainly they're looking into that traditional cigarette products are taking a hit as more and more people are turning to these alternatives these electronic devices which is what is bathing as essentially it's like it is extremely popular in fact they are looking at the success of one company in particular jewel labs they own about fifty percent of the east cigarette market and they are making money hand over fist in fact they made almost two point three billion so far this year and one year alone it was about one point three billion so of course following in those footsteps big tobacco companies are saying how lucrative that is in developing their own products there right now jewel labs has the market on that invading is extremely popular with people here in america as well as across the pond they don't see that stopping anytime soon i think we reported the philip
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morris and i forget the other one but the big tobacco is getting into into the act but now there is this new news coming out that they ping is not necessarily some you know granola healthy way to smoke i mean it's smoking without the ignition i guess what's the new data show. yeah it's interesting there aren't a lot of studies out on of a thing but the few that are out there have mixed results one of the most recent is out of england and as a result of this particular test it has the public england or public health of iran which is basically like their public health department saying hey you know something easy carets vaporing it's not as bad for you smoking regular cigarettes but it's not like it's healthy for you either so when you smoke a regular cigarette you're inhaling some seven thousand toxic chemicals many that are carcinogens that can cause cancer well it's not like when you smoke east cigarettes they also contain nicotine that's highly addictive that's been known to cause any number of diseases so it's not as if you're getting good stuff when you
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smoke this you're just getting lesser amounts of what's already causing problems and that's what this study in england found they actually recreated instead of just setting the chemicals that are in the z. cigarettes they recreated what it looks like when you smoke it into your lungs and what they found is that it causes inflammation in your life and it also hinders the ability of healthy lung cells to filter out the bad stuff that comes in with stuff like cigarettes and just regular day to day moving about so it's not exactly a safe or healthy alternative but it's better than smoking cigarettes and that's basically the advice of this study is they said hey if you're going to smoke or if you're trying to quit smoking this potentially be given as a prescription aid to help people get off regular more damaging more dangerous cigarettes but it's not i mean it's like playing russian roulette if you will there may not be as many bullets in the gun but there's still a bullet in there yeah that's really super interesting and you know one of the and i don't know if this is anecdotal or part of a study but also some folks who are taking the babying up are actually turning to
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cigarettes or quitting the vaporing they one of them the real stuff just real quick i mean do you think this is a viable business for the future. absolutely they are investing more and more in the next generation of products in fact british american tobacco one of the bigger more traditional big tobacco type companies expected to spend nearly seven hundred million this year on developing those next generation products and as a result of that they expect to double their revenue actually that's next year they want to spend that kind of money you know it is this year but they expected double their revenue from those next generation products is well so the future is certainly an alternative giving people turn a device to giving them what they want which is nicotine but again don't be mistaken and think that this is a safe alternative they don't really know what the impact is going to be and investors are still a little sketchy on it simply because the f.d.a. has said you can't sell it to minors in the united states and oh by the way because these studies are conclusive we're not recommending it as a quit smoking aid unlike some other folks like the public health agency in england
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barrow's little journalist for the national trial lawyer magazine thanks mall appreciate your time thanks bart. and some companies are catering to people in a new and unusual way our correspondent ashley banks tells us about an interesting innovative way that some folks are getting their gasoline. if you're not from new jersey or oregon like me i'm sure you've grown accustomed to pumping your own gas however some people have become so busy that they're hiring others to fill their tanks some are relying on a start up company called base in silicon valley the company acts as a mobile gas station the company refers to itself as cooper for gasoline members pay a twenty dollars monthly subscription fee plus the cost of gas but in the last year the company has spread from three to six hundred cities nationwide and clothing boston chicago atlanta houston los angeles and now washington d.c.
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one of you he's the biggest challenges is convincing the big cities with public transit why the subscription is worth it being that most residents in large cities commute to work using buses trains cabs or you know she delivers gas to parking garages and high rise buildings which may be nice for some however others are concerned with the company carrying around tanks of flammable liquid greg anderson a division chief in the california state fire marshal's office told the guardian a f they're going into the basement parking lot of a high rise that actually is a large concern shore's the public and skilled technicians are hazmat certified and have not had a spill in the three years the company has been operating adding technicians carry small fuel tanks spitting in the back of their pickup trucks conforming to local laws and the tanks are certified by the u.s. department of transportation according to the national association of convenience stores you know she comes at a time when gas stations are becoming harder to find between one thousand nine
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hundred four and twenty fifth team and the number of retail fueling sites in the u.s. dropped twenty five percent you know she is offering customers other options to get them to buy an offering things like oil changes tire tracks car washes and brake pads replacements on top of this one you know she delivers gas to vehicles during the work day whether it be. in parking lots or and residential driveways the field technicians communicate with customers be a smart phone they carry a tool with them that will allow them to open fuel tanks when they are want also the technician accidentally scratches or causes a miss how with a vehicle at service saying he or she will take a picture and send it to the client that a way they are aware of what happens in addition you choose co-founder brian a frist says quote if we notice your passenger side wiper blade is broken then you get an email and a push notification on your phone and one button you could schedule to get every place you know she see oh is claiming that the company is saving the average driver
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on hundreds of dollars by offering gallons out a lower price the c.e.o. is hoping to expand the company to nine more cities by the end of this year and washington actually banks are taking. that's it for this time thanks for being with us you can catch boom bust on direct t.v. channel three twenty one dish network channel to eighty or streaming twenty four seven on you know t.v. that's the breach t.v. channel one thirty two as always you can find us at youtube dot com push boom bust archie catch a later. to protect him he said he opened up a bit. in the phone. now she will never be useful because we. were talking to this. does. not. come up but
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i'll get it why don't we just immediately each other. and that a lot of anything about comedy is good but i'm about the same as art but i was up the money into the magazine about me. taking a long look unless mom comes home and. just say to me. there we go places is a long long. long way before you meet. other people more gullible musical was on the run from. the little. lead.
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let out one of the times i've done all that and i'm not out of luck though there was a leak out of the money out of the money that they let him. and . this was a good time to. try to move. mom. wasn't i wasn't going to have a little bit lucky enough why not. why it chanting in the hall people we believe just a little bit here. are a lot of my kids i don't want them up with johnny borrell the moment i tell them about how they would all accusers it a little i'm a little white kid might be old enough to want to do my job. what are your look to my work party where they are all the mother while the ability to.
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subscribe. to the. donald trump's former attorney michael cohen who accused the president of election finance violations is launched a crowd funding paid to pay for his own legal defense michael cohen truth dot com that we're hoping that you will get some help from the american people so we can continue to. be the audience is that it be on up here ready to donate let people. go on up to the us democratic party crossfire all over another suspected hack but it seems the culprit turns out to be close to home. police say in picturesque or novel of the french chicago these days over a recent spike in gang related violence has left residents living in fear. but
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controversial new law in the u.s. state of louisiana makes anti pipeline protests a felony there the first charges indeed have already been brought against activists who potentially face a long prison. of the twenty fourth of august just to enter one pm here my name's kevin zero in this is r.t. international first in the headlines today more detail the scandal raging around the guilt of his former associates president trump has hit back in an interview with fox news with a warning that any move towards his impeachment would lead to substantial financial losses for the whole u.s. i don't know how you can impeach somebody who's done a great job if i ever got impeached i think the market would crash i think everybody would be very poor well maybe not everybody would be very poor donald trump's former lawyer michael cohen who implicated the u.s. president in breaking campaign finance law in twenty sixty has now been asking for
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donations to cover his legal defense seems is paying off too he's raised almost one hundred fifty thousand dollars those for our next caleb maupin reports is not always bad news than to be dismissed by the president. and donald trump was a host on the reality t.v. show the apprentice he really took the show's iconic catchphrase to heart you're fired you're fired you're fired. now that donald trump is the president getting fired by him isn't exactly a career setback take the case of michael cohen this is michael collins lawyer urging people to support michael cohen with an online fundraiser for hoping that he will get some help from the american people so we can continue to feed the audience isn't it they don't know if they are ready to donate some people might be laughing but the cash is flowing and then there's peter struck the disc raised former f.b.i. agent who sent him to trump messages to his mistress now he's raising money online
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he's already raised four hundred forty three thousand dollars half a million dollars on a go fund me just for hating donald trump has cancer patients on that side that are like hey we hate him too can you pay for my treatments i know you really hate him we could tell and then there's andrew mckay the f.b.i. director who was fired without benefits now nick cave has already managed to raise five hundred thirty nine thousand dollars and if you want to get more creative than crowd funding you can always write a book i'm rosa manigault newman's new book unhinged tells stories from inside the white house thirty four thousand copies were sold within the first ten days and before on the rose it was james komi the fired f.b.i. director now he wrote a book about donald trump and within the first week six hundred thousand copies flew off the shelf writing books about donald trump is a smart move this year every single title on the new york times nonfiction best
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seller list has been about donald trump so it doubled trump yells his new tory is catch phrase that you don't sweat it it could be a ticket to making more money than he paid you to begin with what people have to realize one of the bout is a donald trump has been more. a source of jobs for more people who have done nothing more than become or exist as a disgruntled either former trope of fan or employer associate i mean right now it is a cottage industry to see how much you can hate donald trump be trade donald trump and cash in the mean time i have never seen any fame life is an obsession a fixation and obsessive compulsive disorder a focus to big way should i can think of no other way no no psychological construct
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that can best describe this unnatural and unhealthy. focused rage and maty not just not let me clarify not over a particular policy program platform vision idea no it's just ham. in europe french police have described the city grenoble to the alps as the new friend chicago they've expressed grave concern over the rocketing crime right that seen even some french politicians try to avoid the place. we hear too many things happen when we are afraid you're afraid to go out in the
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evening why they can steal your jewelry they can grab your bag we have never seen anything like that the police used to be more tough but now even they are afraid. to out the tube. out of their lives to the crime rate is significant in granada compared to cities of the same size the city is plagued with drug trafficking there's not a single week without a knife attack or a criminal settling their schools. had to have a new fact that interior minister came to visit because in the region he thought he would visit grenoble even for a short visit. in the future and we will of course make additional efforts in this area. click
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on that so i'm talking preserve phrase because there again he said both male and female he could just come and rob them in broad daylight and no one even moves because they're scared to death the police are afraid of those crooks because they have kalashnikovs they're on to the teeth with the weapons of war and the municipal police have nothing by the national police are believe it is the criminals who are the law in this city. next to this lunchtime the us of a crowded parties crowd fall over an attempt to hack it's voted database this just months of course before those crucial midterm elections and the media were quick to hint it it was to play. democratic party's voter database targeted with a sophisticated hacking attempt d.n.c. just confirm the n.b.c. news it has alerted authorities to an attempted it had of their voter file and the takeaway really is if this continues to be a major issue any attack on
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a political party or campaign is important for us all to ticks or say but it's a big after all the assumptions were made late on wednesday the d.n.c. then admitted the so-called attack was in fact an in-house security test it was initiated by the michigan branch the party would simply didn't coordinate things with the main office it seems the branch chief says it's trump's refusal to crack down on foreign interference that spurred them into action prior to the discovery that it was a false alarm the d.n.c. security chief approached the f.b.i. even over the incident bob lord even stressed the democrats must remain vigilant ahead of those elections investigative reporter dave lindorff told us election tampering claims of being exaggerated. the meddling issue is. first of all i think has been overblown in the first case you know when the fair on evidence. in a russian based. organizations that were buying ads and things on facebook it was such
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a tiny amount during the two thousand and sixteen election that it was laughable so . i think most people most sensible people realize. the election in two thousand and sixteen was not significantly impacted by meddling it was affected dramatically by really bad candidate running a really bad camp in. popular accommodation service a b. and b. supposed to be there to help you find a comfortable place to stay almost anywhere in the world usually works and the owner can personally choose whom he would like to host that's the cabinet that has raised the issue of people being maybe denied booking because of their may be north african names case in point than journalist no one e. mail had g.e. says that when he tried to book an apartment in must say his reservation was cancelled without explanation but is friend who he says has a good french name later booked the very same apartment for the very same exact
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dates no worries now says this is a clear example of discrimination then one of the journalists wrote about his experience on twitter b.m.p. was quick to respond and expressed regret over the incident and stressed its opposition to all forms of discrimination to talk about this a bit more we're joined by political commentator nipple america and french lawyer holds the marty to give their thoughts on the right or not of owners to choose their guests there's a problem with our. form committee us in the large sense today in france which has got a bad image and some people would rather not rent than rent to people who got this bad image an article within the north african community music giving some are jews who are racist people. we don't want to see enough african post in the house and lot of people will the people coming from north africa crying to incivility to terrorism and unfortunately these are some of the reasons why we speak a lot oh.
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