in mexico. venezuelan president nicolas maduro continues to look for ways to help the nation's troubled and hyper inflammatory economy and is now looking to go to the bank the gold bank that is he once the actual physical stuff the gold back from banks the move comes after the trump of ministration instituted even further economic sanctions upon venezuela as a nation and upon individual venezuelans related to gold late last week in order to restore democratic order in venezuela and combat corruption according to the state department the united states will quote continue to use the full weight of american economic and diplomatic power to help create conditions for the restoration of democracy for the venezuelan people of the gold from a door that mr berger is seeking to obtain is included five hundred mid five hundred fifty million dollars worth from the bank of england but mr dural may be too late since the u.s. has apparently already placed liens upon all those gold reserves.

amazon has reportedly narrowed down their site selection for what was to be a major second headquartered dubbed h q two we previously reported the company limited the selection to twenty different us cities well now they appear although it's not final to be headed to two different places so perhaps not h.q. to maybe h.q. two point one to h.q. two point two who knows arlington virginia and more specifically the crystal city area of arlington just across the potomac river from washington d.c. in our studios here at r.t. america and next to the national airport appears to be one of those sites of the final twenty cities three places in the greater d.c. area competed northern virginia mcgovern re county maryland and the city of washington itself as a note amazon c.e.o. jeff bezos lives in or around washington and is the owner of the washington post newspaper as for the second location. ports are adamant amazon is favoring new york

city and the borough of long island new york governor andrew cuomo has been meeting with amazon officials in an effort to secure the selection even joking he would change his name to amazon cuomo if it helped due to the economic importance of landing amazon in his state for the company's part they say the h q two project will see an estimated investment of five billion dollars and that fifty thousand employees will be hired over the next fifteen to eighteen years one final caution some reports say dallas texas is still not completely out of the picture but for now it looks like crystal city virginia and new york city are for amazon. and speaking of amazon's twenty fifth tensional site the number twenty is actually bad news for some communities in the u.s. and there's bad news in canada too as home improvement store lowe's is closing twenty locations across the u.s. and twenty seven stores in canada the move is said to enable the company to focus

more upon the most profitable stores and company executives say most of those closures will be within ten miles of existing lowe's store locations lowe's key competition is of course home depot which is reported revenues of more than one hundred million dollars while lowe's has struggled to make seventy million dollars as you may recall lowe's has a new c.e.o. marvin ellison who was formerly the c.e.o. of j.c. penney. the u.s. midterm elections are underway as i said all four hundred thirty five seats in the congress the u.s. house of representatives are up and of the one hundred senate seats thirty five thirty six are up this year thirty five are up and there's thirty six governors races in the various states while we may not even know the results for a while what are investors to do here discuss is john grace the founder and president of investors advantage corporation and danielle shay. the director of

options the director of operations at simpler trading thank you guys for being with us i really appreciate it such a timely topic for today but danielle let's start with you how should investors be prepared for this election cycle. absolutely well i mean the first thing i can say is the best thing about this is it's going to be over soon because the markets absolutely in the stage in certainties so i feel like the sooner we get the answer the better but you know between the two options i think that the best case that we have for a rally is going to be completely republican controlled congress and john what do you think what's your take on what would happen in these circumstances. well i mean we can get hysterical but let's go for being historical and that would be looking at the history to look at the data and what i see is this is from oppenheimer in the u.s. congress report seventy eight percent of the time no matter who wins the market ins up higher so it's not like our friend in florida who said the market's going to

drop fifteen percent i mean you may do that anyway but it won't be because the d.m. showed up you know guys i. will admit right here i got it wrong when donald trump was elected i thought that markets would tank so john you know what you say may be exactly be true then now in my defense it is just a little defense he came out that next morning when he did it and he was so gracious about secretary clinton and i thought hey this is the president elect he's going to change from the crazy campaign mode and i was hopeful that hasn't become the case but markets to take it off anyway because the tax cuts what sort of things out there danielle whether or not it's further tax cuts or regulatory role or transportation what things that might happen given a new congress that could impact markets. well you know the thing here is that yes

there's been a really there's been an awesome trump rally right and i think that we could see it continue trump rally however at this point the biggest problem is rising interest rates because that can absolutely slot on the economy and we're set to see another one in december more next year so even if we do still get you know when i say that i'm looking for a rally i mean a very short term rally because at this point we are going into midterms after correction and i am looking for a short term rally but in the long term if you look at the long term case the fact that this earnings season we saw a lot. in guidance as well as more interest rates that are rising so i. i think in the long term we could see downward action and a lot of those companies when they reported on those calls danielle talked about their concerns about trade going forward but let me ask you john about a couple of specific things think about for example this save this probably won't

happen but say the democrats won the house which most people expect and say they win the senate which not a lot of people expect and there's sort of a democrat there's a democrat congress and there is a republican president there are some areas of agreement potentially infrastructure is one democrats wanted the president's talk like he wanted but look forward but he's talked about it and even on affordable care stuff even on prescription drug prices so might those be areas if the democrats won congress john for us to look at the drug markets and the and infrastructure john deere cat except for a. yes absolutely and let's look at it both short term and long term and let's start with the short term from the standpoint that markets love gridlock ok and it's contrary to most people's point of view but when we go back to one thousand and one we can see that with a unified government the average returns but about nine percent per year and with a divided government the average return has been about ten percent per year i mean

i think infrastructure the democrats would put that in play we we had a lot of promises there nothing's happened yet health care regardless of who wins the white house the congress the senate it doesn't matter you got ten thousand people a day turning sixty five we have to buy more health care as the baby boomers reach fifty four this year to seventy two this year so that's not going to stop so i think health care has done well by the way health care whether it was the stocks or the real estate related companies declined less in two thousand and eight and rebounded faster probably because of all of this demand again irrespective of political parties that might be involved the others are financials they've taken a beating along with the banks so far this year you know they're making a lot of money interest rates are going are going up that is in their favor so i think it for structure health care financials that the banks will will do real well and then finally let's say i have a list here and that's of course tech stocks they've also taken a hit

a little to their usually the ones that lead us out of these things where we hope that you all will come back and when all of this is sort of settled and talk about what congress might do if things change both in tech and privacy and also with the financial sector danielle shay the director of options not operations that simpler trading and we love to come in on danielle thank you and john grace the founder and president of investors advantage corporation thank you guys we'll see you again we'll see you next time. the sea of galilee in the middle east is facing a major issue as water levels of israel's major reservoir has dipped dangerously low. no galley has not seen completely that not been completely full since two thousand and four overpumping and longer periods of drought have dropped water levels by more than eighteen feet at the levels get any lower it could be a risk of permanent damage so what's a country to do with a major source of water in danger well the idea is to desalinate salt water from

the mediterranean then pump it forty seven miles to the sea of galilee in order to replenish what has been lost however the project isn't set to start until next year meaning israel will be banking on winter rains to hold off the impending disaster. and on that note we now turn to someone who's come company is looking to deal with the issue of access to clean water joining us from houston texas is the founder and president c.e.o. of magnum period systems grant page grant welcome thank you for being here. thank you for having me so cal tell our viewers what your company does magnet imperial systems and what you're hoping to sort of solve because you know desalination has been efforts of and try and tried for decades but so far that hasn't fixed some of these trouble spots around the world how are you going to do it grant. and i my systems are really focusing on solving the world's water crisis and we're going to

do that by focusing not only on the developed countries and like the example your giving but also the developing countries and the way that we focus on doing so is maximum recovery and minimum energy usage so you talk about pulling that sea water from the sea and the levels decreasing and so on and so forth well one of the primary problems is a lot of these plants that they're spending billions of dollars on to build not only take five to seven to nine years to do but they also have very low efficiencies. by efficiencies i mean you put one hundred gallons in for every hundred gallons you might be getting forty gallons out and that's just not acceptable and that's one reason that it needs to be fixed grin let me ask you where are the places that are most prone to these problems you know we've covered in the past this day zero in south africa where they were going to run out of water and i guess things have been staved off until next next year but you know africa middle east are those sort of the key culprits for potentially problematic issues

with water. well the middle east actually is much farther ahead than some people might think i mean saudi arabia has forty nine out of the fiftieth largest desalinization plants in the world when south africa claim that drought there aqua first still had twenty one percent levels in them were if you look at places even here in america like southern california they were weeks away from having zero percent not only in the first but also in the if the sharks are that diverts water to southern california and if you look at the ways that we look to fix that it's to build a large diesel plant and due to whether it's politics or cost or companies fighting over this or that it's not it's not a solution because those solutions take like i said before you know five the nine years to install so you know yes you can have other sorts of immediate response agencies to kind of help out maybe in that three to six months maybe in some cases up to twelve months solution when the drought actually hits but then you're left

with a gap for the next you know two years to five to seven years out private example is look at happened in puerto rico you know we're able to get in there and help solve the immediate problem but if you go to puerto rico right now it still is messed up as it was when we were arguing about it after the storm so what america and the rest the world in the developed countries need to do to come together is find a solution that can both be deployed rapidly and also be robust and resilient to last for those ten or fifteen years afterwards just like a large diesel plant is and that's one thing that my systems does is that within three months are able to deploy those systems and reach those hundred million down pretty capacities in one to two years instead of five and nine that's pretty impressive grant we wish you all the best we hope you'll come back and talk about it again this is issue is unfortunately not going away maybe fortunate for your copy but we hope you'll help solve it looks like you're on your way great thank you

so much graham page the founder and president of magnetic systems appreciate it great to see again i hope. time now for a quick break but hang here because when we return if you ever looked at oriel resources in the u.s. gulf of mexico wow is that a non-issue artie's fly a tab in your brings us that report and later when we talk about offshore oil production the u.s. there's an exceptionally huge jordan area question on a boating ballot today in the state of florida at first that must be seen compounding but molly barrows tells us not so fast as we go to break polls are still open in many states and the markets seem to be fine at the closing bell dow the nasdaq and s. and p. are all up in a few minutes. finally

the midterm elections and there are many questions with these races a referendum on donald trump's time in office what will the democrats do in power and what are trunks chances in twenty twenty . ministries police forces in the city administrations of many countries depend on one corporation and another by mike was hoping when the board doesn't implement the eyes of god i'm stumped this is going to come to the. woods as the fee that is up on him to see the must also apply to them proprietary software you don't know the source code isn't that a such a security risk when you have a black box operating in the public eye to microsoft's dependency puts governments under a cyber threat and not only that. put it more on the net that's what we call self-assembly

a sense of zip selling missiles the only one local or the will still be linked to almost at the moment the misuse or abuse of those with. the instrument this is the arsenals of the host i hadn't done with the old vision stopped in a more sustainable more as a fun is up and describes in the fine. you know world of big partisan movies lot for us and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever we need to be smarter we need to stop slamming the door on the shouting past each other it's taught for critical thinking it's tied to fight for the middle for the truth the time is now for washing clothes for watching the hawks.

welcome back turning to more awnings report today health retailer c.v.s. breeze by earnings expectations by posting a q three income of nearly one point four billion dollars with the news c.v.s. share of rosalee nearly two percent on the report and their share jump to more than seventy seven dollars per share q three revenue also exceeded predictions by around one hundred million dollars the report comes in the wake of the business acquisition of at no one should be closed by the end of this month c.v.s. continues to operate nearly ten thousand locations across the u.s. . and in auto industry news ford motor company has turned a profit in india for the first time in a decade signifying the emerging market operating model stratagem instituted two

years ago to build more vehicles in emerging markets it's beginning to demonstrate some success for ford the company is invested two billion dollars in india as part of an effort for car sales there has increased by eight percent to three point three million vehicles last year by two thousand and twenty india is set to become the third largest automaker behind only the united states and china when most americans think of oil rich places in the world their thoughts often go across the atlantic to places like the middle east however they may not realize some of the richest reserves in the world right in their backyard for a more in-depth look at the oil in the gulf of mexico we now hand it over to our t.v. producer saya to have a juror so i had tell us of our oil as they had business here in the united states well they had that recently offshore oil and gas and often mexico has been the major source of oil and natural gas in the country now that booming crude oil

production is currently coming from the western and sent. the gulf of mexico which includes texas louisiana mississippi and alabama but just to give you an idea of how much oil has been a siller weighted in this particular region of the country last year this section was producing a record one point six million barrels per day now let me repeat that barge one point six million barrels a day and that trend is continuing this year and it's expected to continue next year partly due to ten brand new oil fields which are planned to start production in the coming months and guard now according to the energy information administration gulf of mexico currently currently accounts for seventeen percent of the total u.s. crude oil production and offshore natural gas production in the gulf accounts for five percent and now there is a new proposed plan by the interior department which aims at opening federal waters

in the arctic at lenth take pacific oceans for oil drilling and in five years they could be a handful of operating or oil rigs within one hundred miles of miami or the florida keys and now also a dozen could sit from the coast of georgia to the outer banks and still my him or my drives from the sea between the southern tip of new jersey and their eastern tip of maine at the same time barred oil production could expand across california which could add to the dozens of new oil wells to the forty three already in production in the state south in monterey bay and san francisco now the u.s. department of interior also announced that he may conduct sixteen auctions to open new oil and gas wells along dead land tick and pacific continental shelves and thirty one year leases near alaska and the gulf of mexico and if adapted in full

the plan would change long standing u.s. energy policy. and could possibly generate a win for the oil and gas industry and in about a year when the department of interior is set to announce the plan it's going to describe which auctions it holds and then a final proposal is on avails and if it survives court challenges of course then the first offshore oil gas could go on sale and twenty twenty so as you can imagine there are billions of dollars at risk here bart thank you so much r t producer science having your thank you so of course. and today florida voters are also being asked about offshore drilling and by the way guys if we can bring back that that graph that saya used at some point here where we're talking about this be very helpful the one with all of the oil platforms i was talking about and it's people will notice if they look at those none of them are around florida so this ballot initiative seems like

a perfectly reasonable question but the question is dumped out at us because the same question about offshore drilling in florida is also with the question about banning indoor vapor you know smoking raping it's one of the most bizarre initiatives on the ballot this election season here to explain is legal journalist molly barrows a contributor at america's lawyer molly thank you for a look at into this how does this actually read this bizarre ballot initiative. well it is a bizarre ballot initiative isn't it well it's called amendment nine i saw it on my ballot this morning when i went to my polling precinct to cast my ballot and basically it combines two completely unrelated issues it talks about banning offshore drilling in state lands underwater off of florida and it also wants to ban the use of basing devices like the cigarettes indoor workplaces now it does make exceptions for indoor private residences hotel rooms that are smoking where

smoking is allowed standalone bars things like that but for the most part a yes to this amendment would ban to both a no would basically keep that banned from existing and it takes a sixty percent supermajority to pass so it's going to be a shame to see if people are going to you know where some people may want to say hey you know what i sure would like to ban offshore drilling on the state of florida but i might actually want to use my dating device especially when it's so popular with young people so it's really interesting how they decided to put these two basically completely different measures on the same ballot interesting is one word molly suspect is my word how does this yet even get into play. well you mention the word suspect and that and that's a little bit of an editorial word for me as well as to how this came about so what's been interesting is that every twenty years there is a body called the florida constitution revision commission and in fact i did

a story about them earlier in the year how they meet every twenty years they're unique in the state in florida and that this organization is allowed to actually put these kind of referendums directly onto the ballot so they don't necessarily need approval and they are the ones decided thirty seven members most of them thirty three of them have been appointed by republican leaders and so they're the ones that decided which initiatives got coupled together to make you know to put on the ballot that way and which were put on at all and so this was one of about a dozen amendments that they combined issues and they said it was to streamline the process but you know there's a lot of criticism about how confusing it is especially from local poly psi instructors and professors as well as the editorial boards of local newspapers they're like you know this is so confusing as to almost voters they're going to throw the baby out with the bathwater it's also one of the last amendments on the ballot so they might skip it altogether so going back to your suspect comment was a deliberately put on that way because they figured

a lot of young people who do approve of a being and who do want to do these kinds of things are going to be like you know what i would love to be an offshore drilling but i don't want to lose my right to ape indoors if need be so we're just going to dismiss it altogether and there is suspect suspicions that perhaps that was the intention all along my guess is big oil and big tobacco got into bed on this one and tried to get it on the ballot so who supports opposes this amendment molly we're running out of time but tell us. ok i'll be real quick so one of the authors is lisa carlton she's a former florida senator she's saying that is an environmental amendment that combining these two issues basically sends a strong message about the importance of clean air and water going back to your point it's still pretty complicated like we said there's a lot of folks in the and in florida who say it's just too confusing to even combine these two so there was an expectation they didn't want to pass it all because of that and you talked about the oil and gas industry and big tobacco in their influence in the state of florida according to a two thousand and sixteen report which is one of the more recent that i could find

it talked about how the oil and gas industry is especially influential among florida legislators and especially in that period of time because they were spending upwards of twenty million dollars steadily writing six figure checks to any number of florida legislators in their political committees in order to get a bill passed that would ban that would keep local governments from banning fracking so they are heavily influential tobacco maybe not as influential as they have been in past years but they're still donating fifty four million according to a study from several years ago to a state legislators across the country most in california though that still heavily influential thank you so much contributor for america's lawyer molly burrows dug deep today thank you molly appreciate it. and that's it for this time you can catch boom bust on youtube dot com slash boom bust r.t. so long for no.

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a tremendous success verdict on the midterm elections after the republicans hold on to the senate and the democrats retake the house of representatives saying that that is a huge blow to the president. larger than usual voter turnout. the polling stations opening voting machines breaking down. another news a jewish organization in germany schooled on the government to put on special integration classes for nubia arrived muslim migrants amid a spike in antti semitic incidents.