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tv   News  RT  August 24, 2018 6:00pm-6:31pm EDT

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i'd like. to get it but i. like. to see. it as you know provision i might by going to what it. has but i. get oh you're so your height oh i lost his boss because i just got tenure there but if you just gotta go resources you know. anybody among my fellow those in prison but the best honest i don't think there's been any of them. so i says you know what i was you're not. you're not just i mean most of what i'm already but it was sped
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up out of me just a lot of the media. i mean most of the lot because they don't which i don't know if it up as well i must admit that he feels i just don't get off on getting noticed but those were the old they speeded tucson's those people are going to respect i'm one of those but i want the best and like i say just this by this one of these i will ask him i will write about him with lassie he could have got a bomb i just but that's already yes it will be and he thought a good thing of it but i think with you you seem to mean to carry out my thought aloud problem you just got to go you. welcome back there is hot net neutrality news today is the rise that is under fire for reducing internet access beads for firefighters firefighters who are struggling to contain the mendocino. complex fire in california and then pushing the
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firefighters to buy a more expensive package plan officials in the santa 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 general which seek to restore net neutrality policies that would have prevented this borderline extortion but have eliminated been eliminated by chairman aaj it
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high and the u.s. federal communications commission. 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 it's 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 seawalls 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 was strengthening and route to texas making landfall on august twenty fifth now critics of government spending and 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. sits on get this eleven billion bucks worth of
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a budget surplus and there's so called a 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 in 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 all john welcome thank you for coming back it's so nice to have you in studio again pleasure to be here thank you so copper since we spoke with you here june maybe it's continued a slow slide have been going on it but it's continued that slow slide what's going on i think it's a combination of factors i think it is certainly the trade anxieties are weighing on the outlook for coppers can consume in countries where markets and in particular
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china so there's this anxiety about what 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 would so we've had this sag and 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 into the new sexy industries tech associated with it especially electric vehicles electric vehicles oh throw those read. it's copper gets paid attention to but
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mostly because one of its important markets construction is generally seen as the leading indicator and it's construction there's 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 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
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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. record 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 states has the market concerned about the slowdown might be a little faster than they had been foreseen or even into supporting those slowdown . so there's one there's the end to supply
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a shot 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. we'll 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 bark down which is causing the 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
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produced copper what are the top two to report that report and then could delco the chilean national company down in chile chile 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 others where 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
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traditional cigarette products are taking a hit as more and more people are turning to these alternatives these electronic devices which is what a ping is essentially it's like cigarettes and 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 but 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 morris 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 vaporing is not necessarily so you know granola
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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 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
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setting the chemicals that are in these e. 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 bait being up are actually turning to 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
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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 i know it is this year but they expect to double their revenue from those next generation products is well so the future is certainly an alternative giving people turn to divs 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 barrow's little journalist for the national trial lawyer magazine thanks molly appreciate your time. thanks bart. and some companies are catering
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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 startup company called based 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 within the last year the company has spread from three to six hundred cities nationwide and quoting boston chicago atlanta houston los angeles and now washington d.c. one of you she'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
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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 yoshi comes at a time when gas stations are becoming harder to find between one thousand nine hundred four and twenty fifth team and the number of retail fueling sites in the u.s. dropped twenty five percent you know his. offering customers other options to get
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them to buy am offering things like oil changes tire tracks car washes and brake pad replacements on top of this one yoshi delivers gas to vehicles during the work day whether it be in parking lots or and residential driveway is 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 the 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 she's 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 with one button you could schedule to get every place you know she see oh is claiming that the company is saving the average driver on hundreds of dollars by offering gas and a lower price the c.e.o. is hoping to expand the company to nine more cities by the end of this year and
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washington actually banks are tier. that's it for this time thanks for being with us you can catch boom bust on directv channel three twenty one dish network channel two eighty or streaming twenty four seven on you know t.v. that's the channel one thirty two as always you can find us at youtube dot com push boom bust archie actually. to begin to. open up a basic belief in the for. now see will never be useful because we. were talking to this. does. not. come up but i'll give it one to make it easy it's.
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not a lot of money but about time out is good but i'm about the same as art when i was up the money into the magazine about me. taking a long look i left my money on. to say to meet the dog in their own place who is you are looking. for all that much of you meet. other people must go from single was on the. list. feel. so.
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you. end up out of the house on the other. side of the jungle the leak out of the money out of the money that they let examine. this was a good time to. try to move. mom. was a little bit of how little money not why not again why it generated the old people we believe just a little bit yes. oh my kids i don't want them up aside john even a lot of them are going to tell them about how the little accuser there was on the moon i could not be old enough to go out to the people high demolish it without a look tomorrow party without all the other bloodletting.
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washington confirms new anti russian sanctions will come into effect on monday targeting finance and restricting arms sales to moscow. also this hour police in the picturesque city of grenoble have dubbed it the french chicago bike and gang related violence the fourth residents living in fear. and the controversial new law in the u.s. state of louisiana makes anti-porn protest a criminal offense the first charges have already been brought against activists the potentially face long prison terms. a very warm welcome to the program to you from all of us here at r t h here in
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moscow introducing us this hour for your global news update. the united states has confirmed that the latest anti russia sanctions will kick in on monday the restrictions will target russia's financial sector as well as arms sales reporting from washington d.c. here's some america these sanctions were announced earlier this month over russia's alleged involvement in the script paul poison in which there's still no evidence for russia has repeatedly denied its involvement and has even offered its assistance to the k in investigating the incident but this was apparently ignored now the new batch of sanctions will come in. to force on august twenty seventh and will prohibit russia from importing security us goods and technology related to national security but there were also a few waivers first the foreign assistance act which would have terminated all aid to russia except for urgent humanitarian assistance is waived second the prohibition on arms sales that was introduced in two thousand and fourteen will also be waived determined on a case to case basis
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a state department official said that these waivers are essential to national security third arms sales of financing which has been in place already sanctions that will deny u.s. government credit and financial assistance ban exports of secure goods and tech a few days ago president putin said that these sanctions were counterproductive let's take a look because it's a song regarding the sanctions those actions are counterproductive and meaningless especially when it comes to a country like russia it's not just about the u.s. president's position it's about the position of the so-called establishment the ruling class in broader terms i hope the realisation that this policy has no future will come one day and we will cooperate in a normal fashion just because you've now as russia gets slapped with sanctions it's very likely that we'll see russia respond with to for tat measures with scandal raging around the guilt of his former associates president trump has hit back in an interview with fox news warning that any move towards his impeachment would mean
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the economy in the u.s. taking a substantial hit i don't know how you can impeach somebody who's not a great job if i ever got a ph i think the market would crash i think everybody would be very poor. now legal fees equal big costs and donald trump's former lawyer michael cohen who implicated the us leader in breaking campaign finance law in two thousand and sixteen has asked for donations to cover his defense it's paying off to he's raised over one hundred fifty thousand dollars in two days as and reports it's not always bad business 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 some people might
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be laughing but that is blowing and then there's peter struck the disk raced former f.b.i. agent who sent to trump messages to his mistress now he's raising money online he's already raised four hundred forty three thousand dollars off a million dollars on a go fund me just for hating donald trump this cancer patients on the side that are like hey we hate him too can you pay for my treatments i know you really hate him we could 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
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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 seller list has been about donald trump so if. donald trump yells isn't a taurus 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 trump fan or employer associate i mean right now it is a cottage industry to see how much you can hate donald trump b. trade donald trump and cash in the mean time i have never seen any thing like this and obsession a fixation and obsessive compulsive disorder
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a focus to big way should i could think of no other way no no psychological construct that can best describe this unnatural and unhealthy. focused rage and the not just not let me clarify not over a particular policy program platform vision idea no it's just ham. not a france where police have described the city of grenoble in the alps as the french chicago they've expressed grave concern over the rocketing crime rates which have seen some politicians even try to avoid the area.
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weird so many things happened when up till now we are free you're free to go out and be why we can steal your jewelry and grab your bag we have never seen anything like that the police used to be more tough now they're afraid the town found her. south dallas if the crime rate is significant and we're not compared to cities of the same size the city is plagued with drug trafficking and there's not a single week without a knife attack on a criminal settling their schools. had to have renewed the fact that interior minister of iraq along came to visit for cool in the assam region we thought he would visit grenoble even for a short visit. in the future and we will of course make additional efforts to
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stereo. click on that so i'm talking preserve phrases because there are japanese that books male and female g.o.p. just come and grab them in broad daylight and no one even moves because they're scared to death some of the police are afraid of those who are going to leave because they have kalashnikovs i know they're out to the teeth with the weapons of war and the municipal police have nothing to get action by the national police i believe christian is a school that is the criminals who are the law in this city. and the u.s. state of louisiana for anti pipe. an activist and a journalist have been arrested and charged under a controversial new law the remaining activists say they're now facing increased police repression including the use of tasers let's take a look at the pipeline at the center of the story.
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with. the newly passed law took effect on august the first and it lists pipelines as
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critical infrastructure which makes trespassing on the ground there being built illegal those disappearing it risk a hefty fine or as long as five years behind bars and activists say that a number of off duty police officers were also working for a private security firm to protect the cust construction site but they're no longer working in that capacity activist ted hall believes the new law goes against america's core principles. let me think of the right word of data city as well as the desperation of this companies as well as these legislatures in trying to hide how pathetically un-american and this kind of a law is this privatization of unconstitutional actions that have not been held up in the supreme court and clearly don't measure up to the law of the land the constitution this needs to be understood as something that should be contained in so that it doesn't spread throughout the united states and so it does not spread.

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