and we take a look at the increased cost and more of television streaming with holland cook the host of the big picture right here on r.t. america all that on the way but first we had a few headlines let's go. in the latest ploy in the race to capture the emerging market for self driving cars japanese auto maker honda is preparing to invest a total of two point seven five billion dollars in their u.s. rival general motors the two companies have announced honda will immediately invest seven hundred fifty million dollars in crews that g.m. is unit for developing self driving vehicles honda currently intends to invest an additional two billion dollars of capital in crews over the planned twelve year span of the project and joining with existing unit honda seems to be trying to compensate for their relatively late entry into the field of self driving vehicles that capture the capital infusion also gives researchers at cruise more space to pursue what industry insiders say will be

a high start up cost per design and testing programs the honda deal is also a successful sequel to a cruise deal with japan's soft bank in may and that deal the soft bank vision fund paid two point two five billion dollars for a nineteen point six percent stake in cruz. and there is finally forward momentum to report on one of the most challenging issues and the brics that process british prime minister theresa may has reportedly convinced irish of forty's to support her idea for avoiding the creation of a so-called hard border between ireland and northern ireland northern ireland is on the same island as the republic of ireland but is claimed as the fourth country in the u.k. in theory e.u. laws require the enforcement of customs procedures at the border after brecht's it since ireland would remain in the e.u. while northern ireland would then be outside of the e.u. but a hard border is unacceptable. to key stakeholders in would undermine the good friday

peace agreement for door there in ireland now in preparation for an upcoming e.u. summit prime minister may has secured irish support for her fallback proposal for the u.k. as a whole to enter a customs union with the e.u. for an indefinite period at least until another solution can be reached and while the e.u. is publicly veto the idea close observers say ms may's apparent plan to eat the cake and keep it as it were could ease the party's toward a deal on the customs union and the border as british prime minister has less confidence also because of her handling of bricks that we wonder what might occur with all those out there saying that not so sure she can do it here to help us out as he'll work for it's a c.e.o. of straw mark hillary welcome back my pleasure ok so we always talk about your dual citizen you have an interest in the u.k. and we are pleased about that but tell us first of all maybe that headline that i

read about the irish border what your thoughts on that first officer was very good news and you made a point there about the fact that actually island of course of geographically is different than the u.k. you know i should have always said that it should have been called ox it not brax it because great britain is not what this is just about but it breaks that obviously flow better so the ox it really is that we need to have a frictionless border it's very important you can have that and you mentioned the good friday agreement we don't want i have island divided again and that would be a trade nightmare and it would be detrimental not just to all of those in the u.k. and those in england but it would be detrimental to all of those european countries doing business with great britain because they don't want to have that the but lines at the border and that friction of the border but let's move to the no confidence part being yesterday we reported on the program that there were five conservatives who publicly release this letter they officially submitted the letter but it was released to the public of no confidence and it is may but reportedly there are thirty made. the forty other conservative members i assume their

conservative members who have no confidence in her baby have sent private letters. what does that mean is there a potential vote that could occur are we getting forward to that tipping point and who are these conservative members do they have a lot of paul in the u.k. so you're right about the letter it was actually delivered to mrs may right before the conference right before her speech before the conservatives i love struck at the conservative party conference was in birmingham in england northern england middle of england the midlands and this was by james dudbridge he's a former tory minister so he was one of the five he actually led it and he led the livery of this letter so purportedly you're right there were are sort of maybe thirty or so of these these m.p.'s that feel the same way however very important to note that letter was before her speech she did extremely well of course the bar was rather low because last year she had the coughing fit that many people might remember the stage actually was beginning to fall down behind her and this year she says something about i might pause to cough because i i make off because i was up

all night of applying some glue to the backdrop of but but importantly what's very interesting to think about is the fact that that was before after her speech of course she probably had a phenomenal speech writer but she did deliver a very unifying message she delivered a powerful message in basically looking at the alternatives if we don't unite we're going to divide this party and this won't be great for the nation she also laid out and of course the tagline was opportunities but she laid out more of what the benefits will be versus looking back importantly i think she also sort of acted as if boris johnson who is obviously her former foreign minister who who resigned and who had a side party conference and was really sort of trying to. be a very much a detrimental aspect to this she did a great thing she didn't really acknowledge him she didn't acknowledge him by name she acted as if this was some little flea bite and there has been a lot of obviously. you tube and media. frenzy about this little dolls she did

coming out of the state house staff say that that was impromptu i think what's important to think about two things one has speech which unifying has speech was strong and that little dogs visually for sort of british people it didn't have to she doesn't have to be adult so it's a little bit of self deprecation as well as i so actually in the wall street journal that we've got all mojo back that was what it was about and i think it was very powerful so it will be interesting now to ask bret now breck's where does it stand off that speech i believe that it's on secure of footing and i think the u.k. what she's managed to put through now with ireland the u.k. looks much stronger going into what two weeks from now will be that meeting in brussels the next summit with. well we hope you will be back for that we hope you'll be back in the meantime but we'll have you back for that hillary forward to see you mark thank you hillary sure appreciate it.

european oil major companies are rejecting a proposal from european union officials for a financial vehicle to insulate the companies from u.s. sanctions against iran last week e.u. diplomats touted a so-called special purpose vehicle to enable financial transactions and protect companies doing business with iran the trumpet ministration plans to reimpose sanctions which were lifted pursuant to the twenty fifteen international nuclear agreement with iran in november mr trump has abrogated the agreement while both the us allies and adversaries in the deal have sought to pervert preserve it by salvaging economic guarantees made to iran but oil industry executives are signaling that the s t v does not provide them with adequate adequate insulation from u.s. penalties iran's biggest european customers include hotel and their chief executive told an industry conference that his company quote cannot afford to take the risk

to be banned from using u.s. the u.s. financial system according to the financial times. and for more on this important and influx issue we are joined by our friend and the expert over there in berlin r.t. correspondent peter oliver peter thanks for being with us couldn't be better and even better i guess with that you're with us now to give us the view from the e.u. i mean the talk is about using one of these f. visa special purpose vehicles explain sort of in detail peter how that would work at least in theory. right yes we are very much in the realms of theory and this will get to the reasons for that in a few moments but what the s.p.v. to special purpose vehicle is a deal between china russia germany the u.k. and france all of the other countries that were part of the twenty fifteen iran nuclear deal aside from the united states which donald trump pulled out of the deal

what it's supposed to do is to allow companies to trade with iran. and well to be cut out from the u.s. is basically it would essentially allow those companies that are doing business with iran to trade under the same rules as if they were doing business say inside the european union it's being put forward and back to massively by the e.u. high representative for foreign affairs federica mockery me her name is threw out they said in fact throughout the iran deal she was crucial to getting that signed back in twenty fifteen one of the key architects of it's taking it very very personally she says this will allow legitimate deals to be able to be done however not everybody is as confident the reason they're not as cold is because the united states have said if you do business with iran you don't do business with the united states and it's that whole well really the trump card held by the trumpet ministration is they are threatening to cook businesses who trade with iran

particularly those oil companies the trade cutting them out of the u.s. the whole u.s. market period two things one are there other leave. outside of the e.u. who are looking at this because there are a multitude of countries that were part of this are running a nuclear deal and secondly do you think that some of these come companies like told that the large energy giant there in france and others are just scared about being bullied by the u.s. i mean i'm a proud american but i sort of trust other leaders on this one to do the right thing and ensure that we have a non-nuclear iran i don't want that so what are your thoughts about that. well if we start off with who's backing it the arabians are massively behind the idea of of the special purpose vehicle their foreign minister was speaking in new york in the the un general assembly just recently beaming about the potential of this russia is also very much on side with it however the russian side have been

a little more cautious saying they expect this special purpose vehicle to be to be derailed by the united states when it comes to is this simply bullying by washington i'm not sure whether it's bullying what it is though it's the way it is because essentially s.p.v. could allow let's say everything goes perfect with it it allows european businesses to trade with a rum they can probably in the best case scenario make hundreds of millions of dollars off that business but what they're putting it risk is billions of dollars of business with the us market and essentially the risk is not worth the reward that's why we've seem to tell say they going to pull out of iran even if this goes in place even if the e.u. and federica mochrie any particular say that they can protect e.u. business the business isn't really buying it because as i said it comes down to risk versus reward in the prospects of doing some business with iran does not

outweigh doing all of the business that they do with the united states simply comes down. brus talks we are always better informed we appreciate you being with us r.t. correspondent peter oliver thank you peter. and time now for a quick break but stick around because when we return i sat down in boston with the c.e.o. a basis not our gee who is about to launch a crypto stable coin will bring that to you plus how and cook the host of the big picture here on r.t. america joins us to take a look at the increased cost of more television streaming as we screen to squeeze in a quick break here the daily digits at the closing bell the dow the nasdaq and s. and p. all down today with bitcoin and gold sporting the only green arrows on today's big board back in a flash. how

can reopen those books cool. girls will simply be. accepting and recognizing the independence of kosovo. unilaterally proclaimed. they were doing so helped us. the idea of freedom of speech is under threat speaking your mind can blend you into serious trouble now you are presumed guilty and must prove your innocence heard rooms in the sovereign individuals cowed into silence speech has been redefined purchasing. welcome back a rare and celebrated female chief executive in indian banking has been compelled to resign as c.e.o.

of the nation's second largest bank as concerns about systemic risk continue to linger the executive chandrika char resigned from her position as. what we found is that. i want to be i can go back for a second right so i started out in two thousand and twelve learning about bitcoin and one of the things ironically that attracted me the most to it was the fact that it was totally unregulated right nobody can mess with the supply nobody can shut it down it was actually something that was really really cool but once i started to learn more about markets and how they worked i learned that actually total lack of regulation can kind of turn a market into something like a casino. where instead of valuing things based on their their actual productive use of value or their fundamentals on the kind of valued on what the next person will will pay for them kind of like you get this kind of pump and dump behavior at the speculative behavior and you know the interesting thing is that while a casino is very very fun it's enjoyable for

a lot of the participants it doesn't allocate capital very well and so through doing basis and learning more about the role of the f.c.c. in the c.f.l. you see in particular i kind of gained a lot of appreciation for the role of in regulation kind of creating orderly markets also leaving the more efficient use of them by our friend holland cocos to the big picture here in our to america holland as always thanks for being with us valid ok so are the cable companies in trouble giving the increased use of streaming by so many people in the u.s. and around the world nobody loves their cable company except for internet access and where i live in new england red sox baseball in around the country these sports franchises have position themselves to force use of cable but for the most part people are wandering away from the program guide because you've got hulu netflix you tube amazon and all these other internet interlopers which as we saw at

the recent emmy awards this is mainstream t.v. now absolutely the you know we talk about a lot of these though. that have come on and it reminds me of other things that you can get for free or very cheap and then after they start to hook you or you become addicted to whatever it is then they start upping the price and it seems like we're seeing a little bit of this bait and switch in streaming right the introductory offer is irresistible certainly they are testing price sensitivity but the numbers suggest that the consumer doesn't perceive bait and switch at this point the term is skinny bundle if you're shopping for a price you might want to try sleng which is owned by dish and they want five bucks used to be twenty now it's twenty five dollars you get twenty five channels three e.s.p.n. says pretty good direct t.v. owned by eighty and t. has a couple of bundles they want up five dollars this summer and forty dollars is another

price point but if you can't afford that they will play down and slings neighborhood because they'll sell you a few or channels and the key is no sports because those rights are expensive so you can get an on direct t.v. skinniest bundle fifteen to twenty five a month you tube started last year at thirty five now they've got that forty dollar watermark the best bang for the bot might be sony's play station view for thirty five a month fifty channels for seventy five a month ninety two channels so this is cables worst nightmare the next best thing to. now we often tout at the end of the program pluto t.v. and you can catch our to america channel one thirty two but that's still free right yeah hundreds of channels not all the channels you're looking for and you won't find the red sox there but you find us and you'll find movies like you wouldn't believe and pluto dot tv it is free and tell us about though we've talked often about the legacy media are those guys getting into this streaming act and and

finally how do consumers figure this all out with so many options while the tail wags the dog. because the big guys are learning from these up starts disney is launching direct to consumer services and the pipe itself a t. and t. and comcast not satisfied to be the pipe anymore that they're getting into live cable programming admit this is in full overload but i had a guest on my show a couple of months ago cord cutters news dot com they sort this out like nobody's business still steer you in the right direction great menu cord cutters news dot com holland cook host of the big picture here on our team america thank you my friend of a country shit. and that's it for this time thanks for hanging with us it was fun so long for now.

cooked additional subversive note of what was announced at the cooling system at least its existence blew it you're looking into the most. mysterious. cinema yet seen in the movies notional closely. looked at with a showing of the where it's going to see is lost when the shit. you think of shit movie theater seats only. blow it up shipping. you up and most of the book hit the wall with the books in your books still missing you know so i do know what the pull of. the flu is the latest news in the puss. boys and believe that the show yet of putting this was going to do some. research through the syringe to look at the social good

it doesn't. show small framed wrong why don't we all just don't call. me lol but yet to shape out disdain for the conflict as a kid and in games from an equal betrayal. when so many find themselves worlds apart. choose to look for common ground.

i don't. feel bad lines here when i see international moscow and new delhi sign a contract for the delivery of russian s four hundred defense systems with india ultimately defining a u.s. threat to. the west of russia's g.r.u. military intelligence office exposing an alleged pain of cyber attacks around the world including the international chemical weapons one. of the us congress approves the creation of a new agency to pump money into infrastructure projects in developing countries worth sixty billion dollars it is a move for poorly designed china's similar initiative.