hard of course he's in prison. and during the weekends for instance easy nice elation because there's no contact even with any of his lawyers he's not allowed to have contact with his family and there and he's only allowed. visitations through week. friends it is hard but he's writing a lot he's sending directions in writing of course it is hard because he's not he's doesn't have access to interviews he's not able to answer any of the exemptions that other candidates may make against him is not able to defend himself to do or the country which is what he really desires to be with the people and to explain he's a he's you know new ideas of for the future of the country. that from russia collusion stories are again gathering momentum but now even a u.s. t.v. channel is under fire amid speculation it is links the kremlin to hawkins' been

looking into those claims we've all heard about trump russian election collusion you know the great scam that brought the u.s. president to power who zation of collusion collude passably smells a whole lot like collusion there was ample evidence of collusion where is their culture you know they're still looking for clues or where it's like knowledge or finds a kind of the issue little did we know the conspiracy goes deeper now it's in the media it started with a trump tweet on proposed land expropriations and alleged murders of white farmers in south africa covered prior to this by fox news president of south africa posed has begun and you may have seen this in the press seizing the land from his own citizens without compensation because they are of the wrong skin color that is literally the definition of racism it's a story that's been making headlines for quite some time in different outlets

multiple countries but there's just too many coincidences here coverage by r.t.e. to that list throw in russia things get heated. i'm simply shocked shocked shocked that r.t. has also been pushing a story line that's similar to tucker carlson's about threats facing white south african farmers including this family they claim sought refuge in russia thanks for pointing out i didn't know that threat to south african farmers was a major story on r.t. there must surely be a link here a fox news report trump's twitter feed r t there's a clear pattern if of course we ignore the fact this shuttle has covered related issues in south africa for quite some time the south african parliament has voted in favor of new legislation that could see land from white farmers seized so africa's government has vowed to tackle violent crime a problem that it says hey there's an equal threat for all races living in the country just outside south africa's capital stands the statue of the man who was

behind the policies of apartheid it's a whites only enclave which allows black visitors only under special permit but the discrimination of the apartheid in south africa has long can turn that all the evidence is obvious trumps been talking to the russians again and r.t.e. collude with fox or what to cover when and how it all adds up this u.s. of illustration just loves putin and next time you see a reporter in russian media that's also covered by other media that's also been tweeted by trump you although what's really going on. and or concern that the migrant crisis is once again causing divisions within the e.u. with italy now threatening to halt its payment to the block it comes after italy refused to allow migrant ship to dock in sicily while demanding bigger you share more of the bird because the e.u. does not respect agreements and does not meet its commitments we as

a political force and no longer ready to give them twenty billion a year. let's not engage in finger pointing we also believe in constructive comments less alone threats are not helpful and will not get us any closer to solution while the boat at the center of the rock has been stuck important able to dock since monday night with one hundred seventy seven migrants on board they've now begun a hunger strike also in protest and with tensions growing even the un is also waiting in its latest report the organization doesn't all e.u. states take part in the relocation process in italy in particular to allow all the refugees on board the boat to disembark italian government meantime is now allowed sixteen migrants off the boat for medical treatment as well as twenty seven youngsters. do you need to step up in the meantime we lot about maintaining health and human rights standards on board the did she r.t.

we have allowed miners to disembark while the professor of modern european history part i've been a teeny says the crisis the us found itself in does go far beyond problems with migrants going to the major right. and goes wow. reorganize. so i think in my only. correctly and a lot of a coincidence and. some states you know you're going. to do a lot to repeat it's not on the whole good. on. stuff. because you've got one part of me is i'm going to go in major. a lot of things are not going to have a round of five million people all the while. the poverty line is the people.

way from books at the more my one and is a bomb and that's true. in a sensible way face by the name of the. base and the most correct and professional way i think. he or she or he is a national still to come few the south china has reportedly decided to wait and see what happens but donald trump before engaging in further trade talks with him well have a look at that story plus others take just after the break. thank you. say the collapse when the soviet union collapsed because of the u.s.

meddling in boris yeltsin and all that's going on they have the skyrocketing alcoholism and so shoulder. here in the us because you have this enormous financial and reengineering to take all the money being printed and put in the pockets of a few folks and leave the vast majority in a state of zombification this is the collapse gap he was talking about the u.s. and the soviet union both collapse in the one thousand nine hundred ninety period it just took a stake in the us as he describes it you know longer to realize that. welcome back now russia's defense ministry has warned that terrorists in syria are

preparing to stage a chemical attack in a bid to provoke western intervention. according to information confirmed by several independent sources terrorist group to hear sham is preparing another provocation aimed at implicating the syrian government in the use of chemical weapons against the civilian population it lit province. with. the provocation which is being organized with the active help of british intelligence services is intended to serve as yet another pretext for a missile strike by the u.s. the u.k. and france again state an industry facilities in syria we now see plans for

the syrian regime to resume our fans of military activities and it would prohibit we're obviously concerned. about the possibility that it may use chemical weapons again if the syrian regime uses chemical weapons we will respond strongly i think washington is preparing for a strike in the region and for all the wrong reasons you know i think you got to look at the bigger picture of what's happening in syria america and from those looking increasingly in significant i mean to use the term illusions is almost an understatement they don't really seem to have any real impact on the ground anymore with the biggest ally in the whole region the kurds in the last few days looking more and more like is it going to strike a deal with the assad regime so you've got an a certain amount of embarrassment on trump side you know people in america not just media but all sorts of people are asking well what is america actually doing there on the ground. now while the

recent tweets to suggest that donald trump is eager to engage in fresh trade talks with china it appears that beijing is a little more hesitant the talk of trance and pitchman growing ever louder reports they say that the chinese might wait until after the u.s. midterm to see how things pan out for the american president this kind of market expects. trade talks between the usa and china have failed again now trump would like to push all the blame on to beijing however the situation deal mess to clean might have more to do with it chinese state media is openly arguing the trump is using the trade wars and tariffs as a gimmick in order to win political support trump likely to feel it's a cool headed midterm elections the meet term elections are one of the key reasons the u.s. has maintained a tough stance towards china needless to say china is not eager to play into trump's hand officials there and reportedly said that they're suspending the talks until after the midterm vote it makes pretty good sense for china to cancel the

talks until after november why because of the midterm vote doesn't go in terms favor it could be more than congress that's up for change i don't know how you can impeach somebody who's done a great job if i ever got a ph i think the market would pressure i think everybody would be very poor might think trumps playing with fire by saying i'm doing a good job don't impeach me especially when it's pretty clear that the i word is on everyone's mind you could say it's the talk of the town in washington d.c. could he be impeached with this impeach trump the idea of impeachment time for impeachment you could have even been preachment is probably likely but there is i think a lot for the president to fear compared to the previous administration top seems to have done almost a one eighty when it comes to dealing with the people's republic of china we welcome the peaceful. rise of china consistent with international norms that's good for everybody we are being taken advantage of and i don't like it so you have to

ask the question those who talk about impeaching donald trump are really doing american business is a favor after all the idea that donald trump might be packing his bags after november doesn't really put him in a strong spot when it comes to practicing his art of the deal mantra the chinese have adopted if fairly strong if not hard line position for the time being the chinese feel that they have been betrayed and mr trump post not followed through on his word they had a joint statement and a consensus that no tariffs were going to be issued the china agreement are collapsed within a week and this point of time there's just no trumpet nor trust in his word and i do not see. serious decisions and serious outcomes coming out from these discussions over the next couple of months china is holding on to beyond the mid-term elections and i think it's a very good strategy. that barcelona is

a little messy and real madrid. club captains in spain's top football leagues are poised to go on strike but after the league's officials signed a deal with an american company to play regular games on u.s. soil spanish fans aren't through with either the prospect of having to fork out and fly out as. ski expects shocker in spanish football real madrid and f.c. barcelona are not loved as much anymore by their home fans the opening games for the giants saw the lowest stadium attendance for both in a decade with ryall you can try to attribute this to a certain number seven leaving the club for italy but leo messi is men are not used to seeing dwindling support a company or maybe fans voted with their feet because both games kicked off. relate quarter past ten pm on a sunday night madrid's german superstar tony krause could not hide his feelings on

twitter to boot the timetable of the game so late ten or even later worked. and thus too late for the children league bosses have now gone even further signing an agreement with american company relevant sports to have at least one game between spanish superclubs played on the u.s. soil yes you heard it right spanish domestic league played in the united states in miami to be precise and i was there last year at a sold out friendly version of el classico reale vs bossa where tickets to what essentially was an exhibition game started at a whopping three hundred dollars that would get you a season ticket for all home games at most spanish clubs but charlie still eternal owner of relevant sports told me that was not enough as someone turned to me when i was three to two and they were still going back and forth and up and down he said maybe you should have charged more for this. while the company claims the move

would boost popularity of the game across the pond many believe it will only line corporate pockets at the expense of ordinary fans. one of the. that's not the issue but you. know it doesn't mean that you know what. the bucs are. but all kids are suffering more than they only think about money and imagine if that game thousands of kilometers away is decisive for winning the league or surviving in it and the spanish fans are not exactly the richest in the world that's why not only them but players themselves have been outraged the spanish footballers association lambasted this deal in a statement and to add even more fuel to the fire the captains of all. twenty league clubs you name is lee sad they could go on strike i don't justify this

approval go to the end we unanimously against it and when we complain it's because we believe that our rights have been violated that it was said that's enough so we'll go until the end of the deal found shock waves across the old world with many in england fearing that the f.a. could follow in law leagues footsteps it didn't help that silly town openly stated that he wanted to bring english football across the atlantic too and with the twenty twenty six world cup heading to north america you have to wonder what else is planned to raise the beautiful games popularity in the land of soccer alexy russia ski r.t. and that's how the news is looking so fast tonight here in our table back again with more in just over half.

a game camera. roughly once they showed some of these for the. future uncool videos and so on with the broken eastern. down more on string i don't rightly don't t.v. join me every thursday on the alex simon show and i'll be speaking to us from the world of politics or business i'm show business i'll see you then. when lawmakers manufacture consent instead of public wealth. when the ruling classes protect themselves. in the final merry go round the lives only the one percent told.

to ignore middle of the room signals. the real news is. the world. market. this is boom bust broadcasting around the world i'm bart chilton thank you for being on board with us coming up today central bankers and economists from around the globe are meeting in the resort town of jackson hole wyoming for an annual some posy and today u.s. federal reserve chairman jay powell gave a major speech daniele de martino booth the c.e.o. of quillan teligent is standing by to consider what he says and what it means for the economy and the future busters timely trade news alex one high limits joins us

from toronto to discuss the details and we look at the technology sector in light of the recent ruling by the european union on antitrust decisions with andre barlow attorney of andro barlow mazhar plus there's even more news and more products being impacted by month santos. greif r t correspondent sara one says the joins us all this and much more but first let's get to a few stories topping today's financial and business headlines saudi arabia is leading a report today as a saudi for sovereign wealth fund is reportedly seeking eleven billion bucks in bank loans in the second big story from saudi this week after oil giant saudi aramco one of the largest and most profitable companies on the planet either canceled or postponed plans for the hotly anticipated initial public offering reuters reported the i.p.o. had been abandoned but then the saudi energy minister insisted it will quote happen

at an appropriate time now the saudis and de facto leader crown prince mohammed bin solomon or m.b.a.'s are turning to international lenders to provide the capital that was expected to come from that i.p.o. those funds in turn will stand simply finance m.b.a.'s as so-called vision twenty thirty project to reform and diversify saudi arabia's the economy and address the nation's overwhelming dependence upon oil and as a programming note we'll have more next. i'm on the aramco i.p.o. and oil prices. and heading down under now to update a situation we touched on earlier this week australian prime minister malcolm turnbull has been deposed opposed by rivals within his own party that comes in the wake of a bruising battle on climate and energy policy that reported the pm abandon efforts on those policies monday under pressure from his right flank on wednesday he abandoned a tax cut bill after

a defeat in the australian senate he seemed to be tossing things overboard an effort to stay politically afloat mr turnbull then lost a vote on within his leadership party to be conservative to conservative rival scott morrison who had been serving as treasurer mr morrison is australia's six prime minister in eleven years mr tarbell incidentally also became prime minister by yet this deep posing a party leader speaking to reporters mr turbot was indignant. if you decide you know that the strains will be just dumbstruck and so pulled by the conduct of the last week. or two to imagine that a government would be rocked by this sort of dysmorphia altie and deliberate. insurgency is the best way to describe it deliberate destructive action. at a time when you know the do it there are differences on policy but frankly all of

the. sort of result you know i will to be resolved with a little bit of good will. politics as they say is a full contact sport. and turning from politics to economics australian policy makers have stepped into a familiar controversy and barred chinese tech firms while weigh n z t e from any role in building a national five g. internet infrastructure on the island continent while way official responded on twitter expressing disappointment as well as protesting that it is privately held firm the role of chinese firms in five g. projects and and wall ways specifically has become a contentious issue in the u.s. but even more so in australia questions of excessive chinese economic influence and concerns about attempts to spy on the making of aussie foreign policy have roiled internal politics now two ministers including the new prime minister mr morrison

and one of his final acts as treasurer have declared companies that quote are likely to be subject to extrajudicial directions from a foreign government will be banned from five g. projects though neither name neither company was named. in a speech today at the jackson hole symposium that we noted felt a reserve chairman jay powell laid out what seems to be many as solid and sanguine outlook for the future the chairman said he sees little if any risk of an overheating economy and he expects a strong us economic progress to continue he also said while there is no clear signal inflation is accelerating beyond what the fed targets they will do whatever it takes to address and should it become problematic here discusses the always oppressive and thought provoking c.e.o. of quill intelligence daniel de martino both who joins us from dan dallas daniel welcome what's your overall take on the speech. you know i think the speech it was

very much jay powell esque he was painfully balanced in his remarks and he brought up a lot of good points though that i think many have not touched on. the markets obviously closed near their highs of the session based on the what you just mentioned that there were there was no risk of the economy overheating at the moment but bart i was really intrigued with what he had to say in his speech about inflation not necessarily being what should guide monetary policy makers given that the last two recessions have been not preceded by inflation overheating but rather by the financial markets overheating so it's a nuanced statement that he put in there but it was very critical from the perspective of people who follow the markets as we do and you couldn't help but me understand something because i use a phrase that i've heard before but it's really being used in the wake of the

speech and that phrase is a neutral setting that rates are in a neutral setting and and people are suggesting maybe that setting is you know two point five or three percent but what constitutes a neutral setting danielle and and are those the correct rates for such a neutral setting. well neutral really just means the rate of the federal funds rate the overnight lending rate that will not cause the it's the goldilocks rate the economy will not overheat nor will the economy slow at this particular neutral rate the economy can just hum along it's a very idealistic notion it is the ultimate target of all central bankers worldwide for them to find that perfect not too hot not too cold rate palettes of what they stated that he would prefer that that neutral rate be closer to three percent which implies at least another four more rate hikes in the current tightening cycle clearly some of the more devilish people on the federal open market committee and

others who would prefer interest rates to stay low or would rather that neutral rate be a lot closer to two percent and president trump is made it pretty clear that he thinks rates should stay low but you know that comes from his perspective right the president comes from a real estate and business and so of course he likes lower rates we'd all like to buy things that cheaper rates but what are the reasons the monetary policy reasons danielle not to raise rates. well there are reasons not to raise rates if you if you fear that the economy is slowing and powell brought that out in his speech today that and naturally that came out in the minutes from the federal open market committee that were released on wednesday as well that there are several threats to the economy that could indeed put the fed on hold make them pull back from this tightening cycle perhaps go in september that but pause it in december and maybe not go again until january until they have

a little more clarity but we know that residential housing for example has has begun to slow down they boycott concerns about that in the minutes and then there's always the possibility that the trade war continues to escalate and that of course will will continue to slow the economy to slow corporate profit growth as well we'll get a better picture into that next wednesday with the second release of the second quarter g.d.p. which will give us our first look at what profits are according to the to government statistics great we look forward to that and when the chairman testified before congress last month danielle he was pretty diplomatic and political if you will answering questions about the potential impact of the the trade wars on our economy but but doesn't that issue have to be front and center what the fed governors are looking to going forward i mean i recall it was mentioned a little bit in the minutes from the meeting but isn't a trade war an obvious thing that that could put the brakes on the growing economy . well i think that because

a trade war and he could nomic speak translates into higher inflation then of course the fed would be irresponsible and derelict in its duties if it was not discussing the trade war and again that that's that's why this subject came up in the minutes that were released earlier this week by every right they should be talking about the potential for the trade war to bleed into rising prices and that's exactly where their focus is and that's exactly where their focus should be part danielle you're always so insightful for us help explain things that a base level and then take us even deeper we sure appreciate it the c.e.o. of quill intelligence daniel de martino boots thanks danielle thank you have a great weekend. it's been a week of trade talks on tariffs and the potential economic impact of those tariffs and the efforts to strike a new deal with mexico for the latest on mexico canada nafta the north american

free trade agreement and the ongoing trade tensions with china we are joined by artie's alex mileage from toronto alex thanks for being with us let's start with nafta perhaps or maybe it's better to talk about the bilateral mexico u.s. trade deal might that might be more appropriate what's going on. well we were hoping to see a trade deal this week actually between mexico and the states that doesn't look like it's going to happen now the sticking point really is automotive looks like these talks are going to be pushed into next week and i think all three parties including canada are hoping to see some results from these talks simply because we've heard from mexico saying that we need to get this phase done so that can take either candidate can be included in the talks once again we know that president trump has played a tricky game with the with canada mexico of first at the very beginning of the nafta talks kind of pushing mexico aside and now he's pushing canada aside and dealing directly with the mexicans but as i mentioned all three parties are hoping that this is going to move forward at least the mexicans and canadians are and by the way it looks things are pretty positive right now but these nafta talks you

never know until somebody signs that dotted line absolutely and in addition to the mexican negotiators there's been a chinese delegation here in washington and there currently however seems to be no end in sight to the tip for tat trade war what's the goal of the administration here just to draw this thing out or they really want to get something done you know but we've been talking about this forever it seems like in the whole fact of the matter is i i was wrong in the beginning i honestly thought the trip was going to play the short game and just basically you know come in and really hard line and that somehow he was going to push china into a position where or that he even talked to president jiang that they had some sort of resolution after this you know tough guy image was allowed to show itself to the world but it doesn't seem that way it actually things are going to be drawn out by the looks of things because nothing was working on.