well best movement and affiliated candidates for the european parliament in france are to charlotte the bin ski brings us up to speed on the diplomatic dust up from paris. well it's been a difficult day for the euro zone which is already facing itself being in the throes of a slowdown with lower growth being predicted across the bloc now it's not just that g.d.p. downgrade that's causing a headache cade's also the fact that two old allies france and italy seem to be in the middle of a diplomatic meltdown this after france has recalled its ambassador from rome that is because that france has accused italy or of unprecedented provocations this comes after of the deputy prime minister of italy luigi dimaggio was seen photographed with some of the yellow vests protesters and he then turned around and said that the winds of change had crossed the alps now this is

a particularly sore point in france at the moment because the yellow vest protest has been going on now for three months since november seventeenth they hold these weekly protests that have been causing havoc here with the french economy but this is not the only issue that the two countries disagree on while demián and also his deputy prime minister material silvani have pointed the finger squarely at mark on for those yellow vests protests they've also accused france of many other things including keeping africa poor saying that france hasn't been able to let go of its colonial ties in its past that it's also had disagreements with france over immigration accusing france of dumping illegal migrants across the border in italy they even have had a dispute over how to celebrate the five hundredth anniversary of the death of or nascence pate or leonardo da vinci clearly these guys cannot agree on

anything so with friends like this who needs enemies. crime news today in the latin american mining and energy sector in honduras prosecutors have charged roberta david concealment the c.e.o. of destroy us and teacher and her eco's death in the spanish acronym with planning the assassination the assassination of the environmental and indigenous rights activist brkic a seris she co-founded the indigenous rights group kopi and receive the pertain just goldman environmental prize in two thousand and fifteen for efforts to organize opposition to the aguas its arca dam project on a river a sacred river and its needed for water source for the lake up people in two thousand and sixteen after years of threats burdock a seris was murdered in her home seven people including deaths as security director and community affairs manager had been convicted of complicity in her murder mr

casea was charged with funding and conspiring with those already convicted. and joining us now to help expand on the energy needs of latin america as lisa says that the d.c. i'm sorry lisa the energy program director at the inner american dialogue lisa welcome to the program i'm so excited to have you i mean what are your thoughts on the latest charge in this murder my gosh what do you think well thank you so much for the invitation it's great to be here i mean i would say that unfortunately this is not an isolated case there are a lot of cases in latin america of attacks against environmental activists and it's also emblematic of a broader problem with the lack of stakeholders support in local community support for a whole range of infrastructure projects not just hydroelectric dams but mining projects road projects and because the governments and the companies are not always doing the right local community consultations beforehand we see

a lot of violence flare up and a lot of conflicts all over the region over these types of projects. very interesting that they're just not doing some of the consultation you never know well that'll work out either way but certainly talking to local residents is key to getting their support if you can get it let's talk generally more broadly about latin american energy and you know i'm remiss in not knowing enough i'm so glad you're on the program lisa i know brazil is a huge ethanol producer we talk about that a lot of time because of course in the u.s. we are to but which countries in latin america have the most energy needs and what are some of the challenges that they face well i mean latin america is a big region for demand so it's actually the third largest region for oil demand growth after asia and the middle east and it's the region with the highest motors ation rate in the world meaning it has the fastest growth of the car market so with all these new vehicles there's a lot of oil demand at the same time there are

a couple of countries that are some of the world's biggest oil producers you mentioned brazil has humongous offshore oil reserves we also have a major new discovery in guyana which has never produced oil before we also have venezuela traditionally one of the largest oil producers in the world but we're seeing huge collapse in supply in the industry and mexico is also a major oil producer and another important exporter to the united states so we have a lot of there are a lot of resources in the region but there are a lot of challenges terms of actually developing them i mean i mentioned the issue of local conflicts but that's just one of a number of issues in terms of evolving the resources i would say that the biggest challenge is sort of the political risks the political volatility you have a government that comes into power and introduces a fiscal terms that might be attractive to companies a stable investment framework and then another government comes in and starts to

implement resource nationalism where they want to take more control of the state and completely changes the terms and so. with this quote total volatility it's very hard to have a stable investment framework that actually in order to actually develop the resources so that's one of really the biggest is. you know you mentioned mexico there in you know we hear about that a lot with the mix and just maybe it's just an example but you know they got a new president. present oprah door and he's moved we cover this a little bit ago a few weeks ago to have most gasoline transported by trucks to cut down on fuel for half but it's leading to major fuel shortages and boy we saw the same people were killed because of an explosion there plus you mentioned venezuela that ongoing political and economic crisis but the future of those massive oil reserves and some

question with these two sort of problems on growing at the same time i mean could we see these situations impact the whole of what america or they really just individualize to mexico and that is whale oil well i would say the two cases are different so in the case of mexico it's mostly a domestic issue you have a president who came in who promised to fight corruption promise to fight crime and this so that fuel is a part of those broader problems with crime and corruption i mean there's actually corruption taking place that pemex that's part of the reason that people have been able to tap these these pipelines in order to steal fuel and then obviously it's a criminal issue as well but it's largely a domestic issue and interestingly despite all these problems despite massive lines for gasoline stations continues to be very popular and for the moment people really think that he is addressing the problem that he's taking it on and they're willing to continue to support him i don't know if this drags on much longer without being

resolved if they'll continue to support him but it's really a sort of domestic issue the only way that i. it's a it would have more kind of regional implications is really actually for the united states so there are no wants to try to reduce dependence on the united states the u.s. and mexico have a very interdependent energy relationship so the mexico imports a lot of refined products like gasoline as well as natural gas from the united states and he's looking to have energy independence and cut off that relationship so we may see that this fuel theft as you become sort of a part of that broader debate about how can we manage our own energy resources both the oil itself as well as the infrastructure then as well though is a leaf so we're going to have that we're have to cut it off there but we hope you'll come back to talk about that specifically more that's so interesting we could be more pleased that you're able to spend some time with us least of

a city the energy program director at the inner american dialogue thank you lisa sure appreciate it thank you. and turning from energy in latin america to african electricity president ramaphosa of south africa made news in cape town saying the electrical supply commission the national electorate utility universally know this is too big to fail addressing a mining conference mr ramaphosa said quote s. guns contribution to the health of our economy is too great for it to be allowed to fail restoring energy security for the country is an absolute imperative many have speculated about utilities future in the face of debts losses and sporadic blackouts in the country the president statement along with a pledge of specific measures to be unveiled at a later time indicates utility will not be allowed to crash but a breakup recommendation of an official panel seems to still be in consideration and time now for

a brief pause for the promotional causeway to hang here because when we return there's a large deal battle a legal battle rather brewing between fox and. quick and it's coming to the boiling point why know of why no media and host of the big picture quality cooked joins us to florida all out look at what it may mean plus candidate is considering if it were while way or the highway for the chinese text i argued alex mahela which is on the road to want to discuss how they could be booted out of the great white north as you go to break here is a hero of these numbers the closing bell there was a sell off today in new york city will be back in a flat. in

pennsylvania. doesn't look good to you. but. you know if putin said suddenly that oh if we recognize nancy pelosi has the president and i stay say we're not going to talk with donald trump the world of the you know how rage but of course the u.s. has a stereo exceptionalism and that no law plies to them and so they can do whatever they want but by essential banks find gold as they are they are now coming to the conclusion that america has lost its mind and then when they run out of gold to buy i guarantee you they're going to start fishing around them but what market.

system must. and there's a number. can as you cut out all of them ok if the. author anonymous to narrow it all without a battle they have made over the past they have a good large that are going to be. the one that having. people. give the net not a. lot of our d. a so now that's our. main need behold. why demand

now. when you look back through the case solve problems between the last govt i left you to me it's clear that just read this is coming to an end. because of that interest. both sides. in washington lost.

welcome back we now take a brief trip down under in australia starting with news in the construction industry the latest perform. months of construction index or p.c.i. published by the australian industry group by the housing industry association registers witness across the board even as that measure improve slightly and december point five point five points to forty three point one that movement and number indicates that the sector continued to decline even as the rate of decline slowed somewhat the p.c.i. scale number by the way is a number above fifty that would indicate growth but below in the crate the sector is retracting while the australian housing market troubles have been apparent for some time the pace of resulting job cuts increased in the survey for the six straight months. and moving from housing to travel and aerospace the airline quantas has cancelled an order for a so-called super jumbo a three eighty aircraft from european manufacturer air bus

industry observers say the cancellation throws the future of the a three eighty model into doubt with orders barely registering at twenty five percent of airbus as a neutral projections quantas is fully includes twelve a three eighty s. already and the company clearly believes that it's sufficient and airbus spokesperson said the company has accepted what they call a contract amendment making quantas the latest buyer to back out after industry peers including virgin atlantic and hong kong airlines also amended their contract on the a three eighty. and turning to online an emerging media music streaming spa service spotify is making a big move into another content category with the purchase of two significant producers of pod cast spotify is acquired podcast network gimlet media and anchor which markets podcasting tools and how to advice spotify c.e.o. david ek boasted his company is already the world's second largest pod casting

platform mr x. also set a goal of becoming the world's number one audio platform. meanwhile in social media snap a surprise the best is by holding on to users and has been rewarded with a boost in their stock price spotify won by treading water in the fourth quarter of twenty eighteen holding their one hundred eighty six million user count from the previous quarter beating expectations of a drop below that hundred eighty five million dollar level snap stock rose by more than twenty percent on the news. and there's a large legal battle brewing between fox and netflix and it's coming to the boiling point not only will result in a big winner and loser but it could set a private precedent for the future of media here to help us break it down to discuss as line of lionel media and host of the big picture holland cook thank you both for being with us lionel a set the stage for us this is about netflix supposedly poaching fox personnel and netflix contend fox has been anti-competitive right. precisely we have three

players netflix is being accused by both viacom and fox of poaching of stealing of interfering with and recruiting valuable of executives and the like now what's interesting and those of us who have been in the bed is how it will know this those of us who have had to sign these restrictive covenants and covered it's not to compete and you agree not to compete with an x. amount of years this is one of the best tutorials if you look at these lawsuits and very briefly under california law there are basically three different rules that are being applied what netflix is doing is they're saying we cannot be accused or be liable of poaching because the laws of california your violating number one there's the olivia the havilland seven year rule how about that which says you can

only hold somebody for personal contracts up to seven years what has been alleged is that somebody is companies like viacom will just keep extending you then other companies like netflix like a fox for example will say you can go ahead and compete provided you don't violate or involve any confidential communications or confidential information thus providing a defacto non compete so what this really is is going to be a living geisha and on how companies especially in the media world can restrict somebody who leaves one big conglomerate to go to another. you laying it out and holland i mean how could this case that sort of larger ramifications for many of the other media companies fox erks about poaching they should talk if you want to see the c m b c alumni club turn on fox business channel

and there are various acts. and then people fox news channel as well lionel being an attorney has already spoken to the no compete thing judges are throwing these cases out in some states it's not even legal anymore and why so surprised in a full employment economy good help is hard to find but the wide angle shot on this is that netflix isn't just looking for executives they're reaching out to the artists the talent they've just joined the motion picture association of america now imagine this you think tech company silicon valley they're bearhug in hollywood and taking sides in the piracy matter where the filmmakers and the content owners are irked about clips of their work showing up in social media so the landscape is changing and these executives are just one aspect of it.

that lionel you talked about this is the biggest of the big viacom has an interest in the mix somehow explain that. well viacom is going to be claiming the same thing they're claiming that netflix and by the way it's one thing to recruit it's one thing when you have such a great opportunity that people naturally gravitate you toward you it's another thing when you tortuously interfere when you go to people who are under contract with somebody else and say listen we can do better they're not treating you correctly but what they're doing right now is they're claiming that that the reason why these laws that prevent now and compete are not being violated is that this is just the industry for example if i work for boom bust and i devote myself to you and you paying me handsomely don't you have the right as viacom and others are claiming and fox for you to prevent me from going across the street and divulging

information to your compared to. that makes sense doesn't it but what if i couched that as a non compete what i'm doing is i'm saying or no i'm not preventing people from leaving boom bust and going to work elsewhere i am preventing them from sharing virtually everything that they've learned and know through our employees that's why this is fascinating. why can't we as all get along a holiday what do you think this tells us about the overall the larger media landscape and how it's changing but two things number one it certainly is a buyers market the customer has taken charge and part we've talked about this so much on your show because almost every week there's some new microbrew over the top television offering that is under pricing netflix or luring cord cutters somehow and that's going to continue but something we saw in the super bowl really caught my eye and if you notice the commercials they are often inviting you to consume

digital content the turkish airlines commercial inviting you to watch an online movie and apparently c.b.s. t.v. doesn't have enough time to show all of their programs on c.b.s. t.v. they've got that star trek thing which they teased on t.v. but is only streaming and we met the black rod serling there's going to be a twilight zone revival streaming on the c.b.s. platform that they use the super bowl to announce so which is the tail and which is the dog i think we've reached the inflection point. where we can what. you're looking at it with us and we'll keep asking you back to help us because like you say it's changing all the time khalid cook host of the big picture here on r.t. american lionel of light oh i'm lionel media and legal media analyst thank you both for your time really appreciate it interesting conversation you bet commish you.

and canada is looking at banning wa wait when it rolls out five g. technology in the near future some analysts fear the next generation of networks could be used for spying by chinese intelligence if the company's equipment is used artie's alex mahela bit has the latest in toronto canada is considering like our other countries its options with regard to walk away what are they saying and what are they doing. well the two of three of our two out of three i should say of our of our telecom companies here in canada use weiwei that would be bella canada as well as tell us and interesting today you know during one of those quarterly earnings conferences one of the c.e.o.'s of these companies are busy george kopi he's the head of b.c. e. which is the holding company of bell canada c.e.o. of both and he came out and i was asked this by by analysts today what's going on with wall i mean this is

a massive issue and what cope said i mean he made it pretty you set it up pretty clearly both three g. and four g. technology up to now while way technology has been used in canada and now it's a wait and see type of thing there are waiting and then they're going to see what the government's going to come up with i'm sure they'd be very keen on going back to a wall where the technology is used has been good so far the third company users ericsson out of europe so for cope it's a wait and see game now that as for the government here prime minister trudeau said that he's also waiting to see something he's waiting for security analysts to come to report to him and basically tell him what should we do about why the way you know there's a lot of pressure on him from a lot of sides of the us as well as some of our western allies they've already shown to all weigh in they're hoping canada will do the same for security reasons meanwhile china is canada second largest trading partner so we want to keep china happy as well and china said there will be repercussions if we turn our backs to

walk away. other countries some of made their position pretty clear on walk away others not so much what can you tell us about those. united states australia new zealand they've all said you know that at least at least they're to the limit while way technology and now the u.s. has gone out on of the full frontal assault here basically they're trying to push through the state department other countries to join them and cutting ties with wall way and there's actually a campaign going on in europe they're trying to convince germany who's already talked about possibly rolling back on rwa way technology and also italy is one of the targets now there were reports earlier that italy is talking about getting rid of while way it at least now has told told the world no that is not true that is not something that's on the table for us so it's going to be interesting to see how much pressure the u.s. can put in here and how many of these countries actually take this to the same level of seriousness if they actually believe that this is this massive security threat let's remember we're talking about five g. technology here is the internet of everything so one button possibly to shut

everything down in a nation and that's why countries are so afraid of this and wary of while we're coming into their borders. alex i promise you i have you back i want to expand on that whole five g. thing and how important it is from a security and from a commercial perspective are the correspondent alex my elevates thanks alex. thank you and that's it for this time you can catch boom bust on you tube dot com slash boom bust hard to see it next time so long for now. this is a sticker from a water bottle found in the stomach of a fish the brand is part of the coca-cola company which sells millions of bottles of soda every day the idea was that let's tell consumers there are the bad ones there the litter bugs are trying this way industry shouldn't be blamed for all this

waste the company has long promised to reuse the plastic. soon. and soon. their plastic. special projects funded. on the best that is the end of it for the city but for now the mountains of moist only grow higher. up and. swayer both the food. bank itself mukti about. closing this we've got to go through hard not to think on the decide this. and i don't want to start and i think. this is the only thing that we do is music because everybody fights his way.

to. the floor and you can move off the field without a visible face with a rabbit hole you have a look at the. what i think is this is the fund that is accompanied. join me every thursday on the alec simon show and i'll be speaking to guest of the world of politics sports business i'm showbusiness i'll see you then. when you look back truth hazel sprawl moves between washington and moscow vi left it to me it's clear that this treaty is coming to an end. because of the lack of

interest. both sides and also in washington the north was. afraid of the stand and hear from us and. our all over them one has. a good armor on russia and our brothers across iraq the fourth down because of that . i'm going to let combat of i don't catch and then you cut and kick and. i have to lose each other for truffle not it you know that make the. blood work then i'm all in on the show little side of. the. members of the hey how you want to do it.

and get this whole food place choice the i knew you didn't pay i think time in syria has said. pretty she ought to give us some model for that in africa will fuck around with mr hate for jim and then oil for hope that our freedom in the course. of the. france recalls its ambassador from rome amid a rally over a meeting between italy's deputy prime minister and the french yellow vest protesters also this hour.