plus if you're looking for a match up of gogglebox regarding this question time in kabul karaoke also driving these days is nick robinson and. i'm afraid you've come to the wrong place however if you want to reform ring round up this week's top headlines join me in action for all the civil coming up today but first while the mainstream media appears to ignore russian claims of ukrainian serial numbers in the case of the downing of flight m.h. seventeen another plane crash is read in the headlines this one resulting in the deaths of fifteen russian servicemen. because of this and they did it is interesting for you in the why do you look at. it i'm so looking at this. now the grown up now. well joining me now to discuss what this could mean for the future of syria is editor in chief of the pan arab digital rights. thanks for going back on not only the future of syria future the world some might say that what is putin going to do

now fifteen fifteen russian soldiers have been killed i believe. situation to be honest because there is a committed a very provocative acts and they choose the worst timing for this. meeting a deal which he signed with his turkish counterpart. to hold only again and it was actually a very very important diplomatic breakthrough. humanitarian catastrophe in so why. why celebrating why the still breathing the eighteen and supporting does the you know there is really something for war plays to you know the syrian position they said you know all military facilities are going to send some rockets to hizbullah and lebanon we don't know yet but to choose let's tackle. where that question military

airbase i think this is this is a really really really provocative action and this time while the russian are trying to reach a cease fire and because israeli government denies all responsibility blames the regime just remind us because some people might not even realize that how israel is involved in bombing of syria this is not me the greed of the u.n. security council or oh under any u.n. mandate why is israel bombing syria see them is a sovereign state that isn't really bombed syria at two hundred and seven times for the last eighteen months why they are doing that they are saying we are bombing the n.e.p. and troops there in facilities but they are not allowed there is no international recently reagan's being there at the invitation of the syrian go anywhere invited by the syrian government like that i shared were invited by the syrian government

in order to fight radical rebels the terrorist organization in syria so why things really are bothering them nobody give the you know the authority or the and traditional legality to do what they are doing so now actually there are. problems for the russian the russians said clearly there is there really aren't foreign responsible for this kind of attacks they used the russian surveillance plane as a cover in order to actually get to the region where the plane where bombing where at tacky so in order to be shot down so russian were very angry the question is how that actually is going to tell you how do you think there will first i think they will put the destruction on this israeli three hand syria in a way or another second they could supply the syrian our lives with very sophisticated me signs like it's four hundred or three hundred business will make.

city and able to shut down and is that i.e. warplanes in the future so we don't know yet why does the russian army and the russian air force themselves get involved it will be up to us maybe you know i think we should really be here because the israeli authorities as well are. trying to say it is considered a terrorist terrorist movement by drazen may but it has m.p.'s in the lebanese parliament. his will are the only way that russia could get some justice for the killing of these fifteen people q why did the talking about his will or his appeal in lebanon and they syrian targets and they shook down our action surveillance plane i believe has been helping the fight against isis to get if there really were helping but the problem is that we are talking about this incident in particular i think the russian to tell you i think the russian action true down in the future any israeli war planes which is going or are going to attack see why haven't they previously they haven't because definitely did each of the with their israelis you know. i mean that and you know there's really prime minister claim he's

a friend of he went there the way he went to school about three times from the beginning of the year he every time coordinate with that action in syria but this time that actions had clearly we were not to fight or warned by the israeli about this raid just one minute before i think the question should be very tough very very so next time if you read syria will shoot you down while we await version. any kind of muscular response as they call it for more sco let's go rewind back to monday and the search here to remember you know the weather. agreed was they would draw from it libertaria of sharm who is this group because even the b.b.c. panorama program so the tourism a was supporting a multi-million pound project or from people under the control of the british government denied that all the funding has been reduced in ohio at the hague is a brigade this is affiliated group of al qaida going to say they were

affiliated to. you know bill giuliani was actually a member of al qaeda or a leader of al qaida and are one of the leaders and i consider no terrorism so he was approved and indorsed by also i agree that the leader of al qaeda after osama bin laden and he said this is our branch in syria and those people. you know characterized as a terrorist organization by united states by britain by russia by syria and by everybody so now the problem is how the turks are going to disarm. card actually if you're going to organization and for example how they strip them of all that that that heavy military equipment it is very difficult to tell now but you know. turkey has until tenth of october to do this shop i have my doubts here i don't think a lot of our will actually put down their weapons i don't think they will send

their heavy equipment to turkey to be stripped down completely of these weapons in this case you know the would be easily liquidated in the end that action wouldn't accept them because they pose a threat to russia and islamic republics in. dagestan and others so that there is an agreement those people should be actually finished the. u.n. envoy said they have about ten thousand to fifteen thousand fighters they should be liquidated see that always about as i said the out of the british government does consider them terrorist even the foreign office is a sort of the beginning obviously that's where we get to because even though they accepted the british government that was exerting more influence over the areas that the british taxpayer was funding a police force seem to be working with them the british government denies that so why is britain supporting these is the most was the dutch government just said they're going to withdraw funding for the white helmets accusing the white helmet of poor oversight of dutch taxpayers' money being funneled through into britain is

doing that israel obviously is reacting to this whole established. white helmet british government and the fine is that so the problem is now you know those groups to be to be honest they have a very suspicious all especially talking about the chemical would. prince suddenly in eastern in syria they were actually providing all the so-called evidence that the russian or the syrian military were calling these chemical weapons and proved to be honestly completely unfounded glories of the russians a false flag attack is being referred to as we speak we spoke to have the white house or denied those sort of allegations but given what you're saying what way on earth would benjamin netanyahu want to resume basically support those whose aspirations are shared by terrorists who are responsible for the london bridge attacks here the westminster attacks why would your resume support anything like

this you know the basic incompetence if you go back a bit you know about seven years ago the british government actually we're putting pressure on the. european union to actually lift the embargo on financing and arming syrian rebels and they send a lot of weapons to those the rebels i would you want to do they want because they want to topple assad of e.g. and they want to do everything in order to topple the assad regime at any cost even if they committed illegal acts so that's what happened and they actually they were coordinating with saudi with the americans with the qataris in order to actually topple the assad regime they feed to do so this is the problem now they are saying these groups are terrorist groups stop why you were not able to tell from the beginning if you ask me it's seven years ago i will tell you you know is that you know affiliated organization of al qaeda it was very clear so why did you support that even even or the islamic state it was you know it was supported by the west

directly or indirectly a lot of millions were. channel two top state ok well putin said there'd be retaliatory measures for the diplomatic spoke sions of to this group are the incident. bronson's of the retaliation if as you say it involves the s four hundred system which apparently there's an agreement to sell russian as well hundreds of turkey the nato allies. and to saudi arabia u.s. and british what do you think we can expect in britain as a reaction to russia selling s. one hundred missiles to syria i think it would be a devastating blow to the british to that i mean it could do that is that aid to themselves if that syrian air force or differences actually got these kind of missiles very sophisticated science i think there is a really wouldn't dare to attack anyone expecting the response or most good to be some sort of support for the entire arab world the. groups for the fifteen million palestinians around the world who just as they're going to sadly be disheartened by

was no response when i was going to be any new upholding of un resolutions and while i was singled out for most go well i hope actually will side by the oppressed people in palestine i hope to move school actually will kill the saudi will kill you know the turks that ok look for your brothers but assume products and try to help them so i think you know russia here should actually do something and now the israeli are rewarding russia for it's actually not doing things and things to that and it's to me and by shooting down actually muddying the water for them in syria and indeed getting their military base in syria so i think should do something here so it's very very early enough is enough for the burial and thank you after the break a colossal failure of common sense we speak to a former vice president had lehman brothers about why managers ignored his warnings of the bankers crash ten years ago this week that would bring over one hundred million people into abject poverty and nick robinson karpal karaoke here just

summarize the shop rounding up the week's headlines with maybe an action dollars or more going on part two of going underground. in the age of triumph winning is all that matters the phrase by any means necessary truly been weaponized now politics has little to do with policy front and center i

perceive grievances and resentments. break out. welcome back joining me now to go through some of the stories a journalist and writer one of the leading independent news sites the canary steve coppell steve thanks for coming back before we get to the papers how amazing was that piece of journalism on the state by the b.b.c. . today programme present interviewing the prime minister to resume getting amazing access and telling us what the break the debate was about it was fascinating wasn't it if you want to con mash up between koppel kerry i could go box and gardens whoa then i knew you were in your element. look i mean it was froth at best it was it's a shame because the previous week's kind of drama on the academy trust which was a major investigation was excellent really good piece of journalism and then you get nick robinson come along and it's essentially i mean it's establishment arguments they have labor's case star in there just with fluff as it were. probing

questions looks or nonexistent really but then it's what we've come to expect from the b.b.c. it was fairly bog standards yeah well the interesting well the t.v. channels and all of the b.b.c. our appalling disaffiliated let's go to this really rather be a male so russia is watching a bit later this information war using from an unfunded channel r.t. ones. secretary jeremy right in the wake of not interviewed this is the usual kind of soft power propaganda we're saying there's an interesting there's a massive report out last year that if you saw from the department for culture medium sports jointly with the foreign office which says that the they need to step up their soft power war against russia and the senshi what they consider to be russian propaganda and they're going to do it by all means necessary try and counter this but they've been using these arguments against our say for ages i mean how many times you've been warned it's going to take them off the air and it is because from i mean personally from my perspective and never told what to say when i come on here on the open to give my views and you will see i was a channel that reports on issues which repressed and often cover which are really

important countries that the work is done on disability rights especially has been excellent and this is an accuracy in the existing that ten milledge breach is one of the i think reverse of this program we've been cleared completely one last because brainiac you say in the daily mail that's impossible actually but what about the leader of the opposition let's go to this wells week from the editor of the jewish chronicle yesterday a stained editor of the jewish chronicle stephenville are treated been hesitating to tweet this because i keep thinking it can't be short it's controversy but the more i think about it the more it seems it really is this is you know what i'm talking about don't you and yes i do it's appalling bang because i'm referring to a tweet bunny germy call but it was a video. for the tenth anniversary of the financial crisis and he was essentially putting the blame on of say a banking institution so they decided to start a new book so this one for the jew is going to believe that all bank is a jew sort of so he does this is this is this must be true or they were talking about the international consortium of clowns maybe as opposed to jewish people

running the banks but where do you think that leaves the ripple. obviously i think is intentional by and i can't see any other reason because he would he's a newspaper editor he's obviously highly educated and highly trained in what he does he would not put out there not nine sermons a german call when is is using old anti semitic troops because he's criticizing bankers on the ten year anniversary. lehman brothers exactly it's part of this ongoing attempt to smear gold in the sun something is essentially not when on the other hand you have the conservative party as we talk about a minute openly flouting their right wing credentials well it is deny to dres ways of dealing with viktor orban alleged in the ceiling let's go to this really new statesman indeed the tories support hungary as part of a decade of far right the laws in europe it's very interesting out of new states and actually it cites that the tory and the pace who voted against the european union trying to discipline hungry for what viktor orban calls is

a liberal democracy a new statesman go bit deeper on this and they say that this is been an ongoing thing since around two thousand and nine when the conservative m.e.p. broken forms with the european conservative reformist caucus which is made up of predominately far right groups now of course on the one hand you have. been called in as some sort of rabid anti semites and then you have the conservative party basically siding with an anti semite viktor orban so both course guy and this is nothing new the sort of centrist right in this country are often quite happy for the far right on the rise because it is unusual mechanism for them in many ways not least because i can go look at them and we're not as far right as i would not that extreme moberg was to learn which is of unease friends with quite a few politicians in fairness i think is also going to be with the best of austria merkel. today. well probably less coverage has been given to

the labor party over the conference this weekend let's go to your baby right for yes so labor's plan for the d.w.p. to hunt for work and pensions is not good enough it must do better slabbing corbin that's where the kerry positions itself these days go through this well look this is centering around universal credit the new benefit the pensions rolling out which take six or benefits rolls means a new one it's. i'm under a lot of crist's criticism from child unions cumbering groups even the archbishop of canterbury came out condemning it's because critics say it's inducing poverty homelessness were launched on food banks and it's essentially not fit for purpose to try jeans and so you say you have called for it to be scrapped labor so far not taking that position despite opposition was a vicks course and i think far as goldman will go it is as far as you go and for me this was sounding off if you like but i there's a growing call for labor to commit to scrap it because essentially it's not fit for purpose and a lot of people believe by design it's supposed to be going to go and see dr destroyed in the last moment is questions why the difference mismatch between the

policy and what. i think is very difficult firstly because of the law and there's always used against labor about their economic illiteracy after the financial crisis which it's always repeatedly blamed them for i think if they scrap universal credit they're justified some would argue gold medal around bailouts of the banks well guess what happens that gold. i think the problem with the universe credit is that in the budget for it's fifteen billion pounds so i think some nervousness in are going to have four million children are involved but exactly similar to you and i and most people it seem like a no brainer i mean fifteen billion in cash behind the back of the sofa job in terms of the government's budget in g.d.p. so it's not it's not shoot money and like you say when forming million children in poverty and homelessness is rocket science and so on to ten. it would be a good policy for them to adopt i'm not sure if they will but once it happens a conference it will thank you well this week marks ten years since lehman brothers became the biggest bankruptcy in american history after it came policies like universal credit in britain and around the world what the u.n.

said was more than one hundred million pushed into abject poverty joining me now from new york city is lawrence o'donnell formerly vice president at lehman brothers and author of a colossal failure of common sense the inside story of the collapse of lehman brothers larry thanks for joining us ten years this week after the collapse what lessons do you think wall street and the city of london have learned well central bankers haven't learned. much i mean in the years before lehman the federal the federal reserve our u.s. fed kept rates of one percent for years and i'll never forget being on the trading floor at lehman in two thousand and five two thousand and six they were telling us because of the incredible visibility that central bankers were giving them they were telling us to take more risk take more risks take more risk and here we are ten years later and central bankers have driven trillions of dollars into churches vons trillions of dollars into south african bonds emerging markets and it's really the risk has just been transferred from the banks over to the sovereign countries

but you know if interest rates raised by the fed or the bank of england here in. britain as you think suggest that could crash the economy to germany cool been the leader of the labor but he is financial advisors are telling him that will crash it well it specially after you know seven years of keeping interest rates at zero the point is we should have we should have been aggressively hiking in two thousand say fourteen fifteen remember the federal reserve promised us in two thousand and fourteen fifteen sixteen fifteen rate hikes and they only hiked twice into the one to two thousand and fifteen one to two thousand and sixteen so by holding rates so low so long they've created a much bigger problem and you're right that it's very tough to get out of now let's go then to the big geo political economic stage jump as promised trying to protect the u.s. economy from china do you favor the terrorists well i'm going to be in the white house tomorrow we advised we have the bear trap support we advise clients globally

on trade and political risk and i think the white house is looking at the midterms the elections here in the fall they're trying to score some points trump promised trade protectionism in two thousand and sixteen in the elections but he's really playing with the danger. dangerous toxic recipe here because the chinese economy is for the banking system in china the banking system is forty four trillion in size that's three times the u.s. it's a very leveraged economy so every two hundred billion in tariffs that you put on in the extremely leverage economy creates a very very dangerous dynamic for the global economy you don't think there's a danger there of judging in new liberal capitalist markets the same statistics as in a quasi come on economy like the people's republic well people been saying you know for years that there's twelve men in

a room in beijing and they're the madison man on earth and they have been getting away with this for years they probably will put forth another stimulus package and we think that's now coming in the next quarter so they've been throwing a hundred billion two hundred billion three hundred billion stimulus prep packages at a two to three trillion dollar problem so they've been able to to really get away with it for a while now but you're looking at correlations of g.d.p. thinking of it as a normal country like in western europe i mean some people refer to the kang index you should be looking at and the christie production rail disbursements or even satellite danger of lights at night you're looking at the wrong statistic when you judge that debt to g.d.p. ratio that you're basing that on well you still you still a twelve trillion dollars economy it with a major impact on the global economy so if you're talking about two hundred to five hundred billion in tariffs china has already devalued their currency ten percent

this year so they're clearly worried about something and that is having major impact on other emerging market countries that trade with china so it's a currency war that's come out of a trade war ironic that the that when trump announced more terror of the yuan against drop again dropped good for the chinese economy for exports. well that is exactly this is one of their defense mechanism so every time that trump is thrown another measure they will continue to develop but remember when you're when you have a country is biggest china when you devalue it imagine if you're a millionaire in china or a billionaire and your currency is the valued by ten percent you're going to want to get your currency out of the country they've lost keep in mind china has lost eight trillion dollars of currency reserves since since two thousand and fourteen one trillion because of the weakening currency so there's a limit to what they can do there but then how many people in china does it affect

some people say that only ten percent own shares so several of us in the chinese talk and disease don't matter much and anyway the communist party is saying they're pledging keynesian infrastructural development may mean as reflected in those g.d.p. figures that again you're basing what you're saying as regards the dangers of tariffs viz a viz. china's problems with its economy well we're recommending chinese stocks are down thirty percent from the highs some of the banks are down even more in that part of the world we're recommending clients get long chinese equities into this because if the fed backs away because of this global stress and tariffs that should be very good for china once again as you mentioned you've got you've got a stimulus package coming through with infrastructure so these stocks are down thirty in some cases forty percent from the highs there's some more pain to go but

we're recommending clients buy in here to the emerging markets pain the developed markets are extremely rich relative to the emerging markets now now i know you do talk to politicians you are after all a special advisor to the financial crisis inquiry commission can i just ask about the political implications of tariffs like this do you don't think that this will mean that the. of men some people say there hundred thousand men who know you don't think that the effect of the tyrants is going to draw closer and closer as part of the brics nations and they're going to come up with their own deals which will forestall the kind of worries you have about the imploding johnnie's economy well keep in mind very close to a deal with with canada now miss merkel we believe called the white house last week there were conversations between germany and the u.s. so that washington is trying to finish nafta have better relationships with the or europe and then box chinese that china out of the global economy and that i

think is what china is worried about but cannot just do the deals with brazil russia india south africa.