members of congress and they felt the turbulence of the questioning and his e.a.s.a. . to top the f.a.a. for the world's gold standard miles edwards global regulatory attorney joins us to pile of us through all the headlines and strikes continue to sweep below the border in mexico but how will the new almost government handle labor's new moves alex mahila which joins us to analyze the picket lines. only grows contributor to america's lawyer joins us to break down the state of u.s. airport infrastructure and we are back on bob seamus stephen williamson the author of walk chain the next everything joins us to find out what could be the fate of the fast growing thin all that directly ahead but first we had some that was let's go today is the united states is department of housing and urban development charges facebook twenty eight thousand the claim reasonable cause to believe the social media companies ad targeting system opened the door to violations of the fair housing act hud secretary ben carson released

a statement saying facebook is discriminating against people based based upon who they are and where they live using a computer to limit a person's housing choices can be just as discriminatory as slamming the door and someone's face. facebook faced similar accusations in twenty sixteen following a pro publica report when the publication found that the ethnic affinities tool could be used to exclude people of color from seeing certain ads placed on facebook face facebook stock has held steady at around one hundred sixty five dollars per share following the news. in happier tech news from the americas cuba's national telecom company and google have announced a major partnership to upgrade the island nations internet infrastructure google's head of strategy and operations in cuba and the vice president of texas the cuban telecom utility signed a memorandum of understanding or m o u to create a group to employment into what industry observers call a pyrrhic process that will lower cost and increase speed for cuban internet access

in a joint statement global google and its extra added an important point katia noting that internet traffic exchange service will begin when it technical conditions allow it alphabet stock has seen its state decline over the past week that's google's parent company falling from well over twelve hundred last friday to today sending at just over eleven hundred dollars. are you still confused about exactly what block change technology is well one business journalist has a simple but striking definition the next everything hero explain this provocative title is business journalist steven p. williams author of blog chain the next everything thanks for joining us mr williamson thanks for having me williams we'll get to that big picture you allude to in your title but first of all i feel like i still learn something when a new guest comes on to discuss watching even just the basic definition how do you define blog change at knology. i think the simplest way to define it is that it's

software simply and also that it's so way to move value across the internet. safely right right and publishers weekly in reviewing your book they called it a love letter to this innovative technology a block chain and you've. given a very good simple distance definition there but how do we get from software to the next everything. so. the reason i call it the next everything is because it presents a new system of organizing business value in a society it's a distributed system that if implemented well will. democratize the playing field it will give people access to business and financial . tools that they don't have now. now there are clearly a lot of enthusiasm around watching but what about the skeptics about the

technology in a there's another book also about out about law change called change in the law and the authors are two legal scholars and they warn that you know while the technology is clearly useful it could end up as a kind of trap as the book reviewer in the new york times said because blah chain is essentially autonomous it is inflexible that you could get if you get if you do get errors into the watch chain how do you get them out that sort of thing what are the potential down forms of regulation you think would be appropriate. i can't say about the regulation i mean there are a lot of government officials looking into that right now and i am familiar with those books i think the potential of downfall of block chain is when people try to fit it into existing structures rather than trying to look into the future to see how the distributed technology might open new ways of doing things now you do yours copyright news this week that we covered earlier with the european union passing

a law that puts the responsibility for not posting copyrighted content on sharing services online you say that that is one of the applications of why. chain technology is to prevent. copyrighted images to secure copyrighted images how would that work. already what that means is that right now when you post a photograph on the internet obviously you can copy and paste it to anything you want and someone would have to track you down and order you not to use that image however if you're able to register your original image on a block chain that image takes a value in the code that was registered so it's always more valuable than the duplicate excellent excellent insight there and you do is mention in your book which i have to mention you have provided some insight for you on how blocking works you just explain that quickly in about twenty seconds we have left yeah i was in the amazon watching some shamans do a cure kurian ceremony and they had taken

a drug called i was. and i saw after a few hours these lions moving around the shah men's bodies these green lines that some me later when i learned about block chain and distributed systems seem to be inside there steven williams author of block change the next everything thanks for your insight. thanks very much. saudi crown prince mohammed bin psalm on our m.b.'s has made a major change of plans a saudi aramco which had been expected to launch an i.p.o. instead is purchasing a sixty nine billion dollars steak n s a b i see the saudi petrochemical company giving them seventy percent of that company the deal specifically involves a saudi investment fund public investment fund or p.i.a.f. selling that seventy percent stake in say that which is the fourth largest chemical for its fourth largest chemical producer to a ram co the deal is an effective means of shifting cash into the p.i.f. which is chaired by m.b.a.'s and supplying the funds for his plans to transform the

saudi domestic economy and i p o was the first fund raising method the crown prince for pursued for his reform program but required financial disclosures are believed to have destroyed dissuaded saudi decision makers and investors reportedly had a bit of sticker shock at the two trillion dollars valuation that was floated for him co. and in mexico there is a new president perhaps a new era in labor relations long thought of as a cheaper location for u.s. canadian factories mexico has recently seen a wave of strikes which may be raising wages and changing the changing the financial landscape in mexico's mckillop dora sector with more we're joined by our alex mahela that's in toronto with more alex since the beginning of the year we've seen multiple work stoppages there and a trend which is taking the cost of man which is increasing wages for some mexican workers and what can you tell us about what's happening now. everybody looks of

mexico way we think stability at least the last three decades have been that way there are as many strikes just a cheap labor stuff that americans and canadians love seeing that they've been a part of nafta with us on talk about they i'm sorry but the mexicans so we've had a place to go for cheap labor but since the beginning of this year things have changed dramatically wages have gone up and it all comes down to the president speaking of it let's look at this graph it gives you a breakdown of what this is looking like right now so we're talking about president . created a separate minimum pay basically a rate for workers that were close to the u.s. border there's about two million workers there they work in factories owned by multinational corporations and when you look at this graph it breaks it all down to they doubled their pay but doubling their pay is up to a buck ten these guys are getting sixty cents and ladies for about hour's worth of work and when you compare that to the states look at twelve dollars minimum wage in california eleven dollars in arizona seven fifty new mexico seven twenty five new

taxes dollar ten in this is own and the rest of mexico gets sixty cents and that's an improvement believe it or not so how you look at this look these people here it's very specific to what these factories are they're called. doris if i pronounce that correctly. i hope i did that i was mexican for and i tried so these are these are factories that basically work off the pretext that they get a raw goods and materials and from mostly from the states they put things together it's basically assembly lines like t.v.'s and dishwashers etc and they said to back up and there is no tariffs here right so back and forth and that's what these people make their so we're looking again you know the wages are super low and it's been great for business but now this is good for the workers and you that the president we know he's a progressive we know he's left leaning for the first time you're saying that these workers are getting a bit of a lift it's not to work supposed to be but hey it's better than nothing and as you

mentioned we're not used to seeing labor actions in mexico mexican labor unions are not the best most well regarded there this phenomenon of a company unions official unions that don't really speak on behalf of their members much less go to the barricades and do strike actions and labor actions what is the what is the changing scenario there what is the role of the dinosaur unions and what are the new forms of labor activism there. if you put it right dinosaur unions i mean these things are from ages ago these youths were basically working their you know the cronyism is that basically working for the government working for management working for the corporations this is changing there's a good laborers are gathering together and now they're moving forward and here let me break down the numbers estimated ninety companies have boosted seventy thousand workers paid since january that's a huge number of people but you know of course with this you have some backlash right so you're seeing what the companies are saying oh we're not making enough money the present even looked into that so that you reduce their tax rates but talk

about the unions themselves as i mentioned budget you know corruption and these people are not going to the side they're not with the unions the laws are changing so the unions themselves are going to have to start listening to the workers and not the people they've been listening to to this point most interesting what i think that is a facet here is yes we do. a left leaning president in mexico but him and trump are in the line together as well as with the canadians this is good for everybody because if salaries go up in mexico that becomes closer to canadian and u.s. salaries which means companies don't have to go across the border for cheap labor because they want to see cheap labor the way they've seen it up to now so president trump likes this too and so the way this works out is good for everybody now they're saying you know what there's not many as many new jobs being created for investment purposes well you know those big corporations they like to go in with a little bit of money to make a lot of money so this is kind of taking them off because to make investments there it's not as attractive as it used to be but in the name of fairness this is

a pretty good thing yeah very interesting changes happening in mexico and what's the looted system changes in the labor law what what's the future here there's some things happening already because of the. increase that has passed but are there fewer further changes in the labor law that could further change the landscape here and where is this movement going well in the past i mean if you have strikes of the sort that would have been squashed right the very beginning and but now we're seeing this trickle down from the factories coming into places like coca-cola bottling factory there at the border even down to a checkout counters at wal-mart in mexico and these people are demanding to see changes to you to get a better life so the lot right now with the changes that we're seeing along what's being discussed is first of all to raise these wages so and these people are following suit with the strike think the government saying so so you better give us better wages and then on the other side you see that the government talking about the union saying you know what the unions have to represent workers not the government or the corporations interesting things happening south of the border are

t. correspondent alex mcgill of it thanks for joining us thank you. and the u.s. commerce department has released numbers for growth in the twenty fourth quarter according to the figures the. u.s. g.d.p. growth rate ticked down in the final quarter to two point two percent according to the wall street journal a driver of the decline was decline of corporate profits in the final quarter prior to the adjustment the q four growth rate was expect xpect it in estimated to be two point six percent then time now for a quick break but hang here because when we return global import rankings are out and the u.s. didn't manage to crack the top twenty five ali barrows contributor to america's lawyer joins us to break down the state of u.s. airport infrastructure. and the heads of the f.a.a. were grilled by members of congress and they felt the turbulence of the questioning is yes and as you say all you need to top the f.a.a.

for the world's gold standard miles edwards global regulatory attorney joins us to pilot us through the headlines and as we go to break here are the numbers at the closing bell. to get up off the ground. sounds or maybe. wish to do away from the officer. did they kind of lunge for the web in. and then when it happened. i never saw any contact with.

any kind of went back to where they were back here again fifteen feet apart at this point and that's when the officer. you know world big partisan. 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 smart we need to stop slamming the door on the back and shouting past each other it's time for critical thinking it's time to fight for the middle for the truth the time is now for watching closely watching the hawks. embrace for a single. they assume. they

start training very young. eight months of intensive schooling. for their reps. and they save lives. the list of the world's best airports for twenty one thousand is out in the winter is singapore's changi airport for the seventh year in a row while the top six spots went to asian airports not one u.s. airport broke the top fifteen legal journalist molly barrows contributor with america's lawyer has more on what these rankings mean for america's airports. this study was constructed by from called sky tracks what do they base their rankings on listings on. well it's an interesting question iraq none of it says good things for

america's airports right now so skytrax is considered a prestigious consultancy service for the world airport industry they do this report annually and rankings are based on the impressions of some thirteen million travelers from over one hundred countries. more than five hundred fifty airports were included in the survey and they cover almost forty different service and performance parameters including how comfortable the facility is the location of bathrooms and the language skills of the airport staff so this year study shows asia continues to dominate the top spots and european airports took seven of the top fifteen spots will no airports from north america south america australia or africa even made it into the top fifteen and like you said the united states to break the top twenty five the highest ranking u.s. airports are denver international in thirty second position followed by hartsfield jackson atlanta international at number thirty six not looking to get in the ratings for american airports and why aren't u.s.

airports performing better in studies and surveys like this one. well if you talk to the airport industry leaders they will tell you that they just need more money to meet growth so according to analysts to many or do they just need to do some things to meet growth and maintain the level of service passengers expect so industry leaders including the airports council international north america they say the u.s. government needs to invest to get this around one hundred billion dollars into its airports or they're going to risk falling behind other countries even further so more people are traveling more than ever and that's part of the issue the group airports council international predicts global passenger traffic is going to go more than twenty billion people by two thousand and thirty nine so that's a long term growth rate for north america two point seven percent but funding to make these upgrades and build new facilities is not easy to get in the united states nearly all airports are owned by state or local governments and they are required by the federal government to be as self-sustaining as possible and as

a result they receive little to no direct taxpayer support so even president trump has noted u.s. airports are third world however he ignored pleas to raise the federal cap on fees that would fund airport construction projects so industry leaders say they need that it's called the passenger facility charge they need that to be ready. as well as other federal funding sources and even private investment they say that's something that needs to be explored to give this infrastructure a boost and meet this growth and maintain high levels of service that will get them higher on those rankings and also you know basically because the economy right and you mention the fees there i mentor i'm curious the airport counsel did they mention they mention a lot of options but did they make chinese specific recommendations on which of those funding sources they think would be best. yes that passenger fee they definitely would like to see that raise their requesting that it be doubled so back in two thousand congress said that it needed to be kept up for fifty per passenger and the industry leaders are saying that needs to be doubled to eight fifty basically or almost doubled so they would like to see that go up more funding there

to be used for it but so far those requests for money have not been answered with very positive results you know this is one more important aspect of the u.s. infrastructure deficit and supporting international context while the barrow contributor to america's lawyer thanks for joining us. on the acting and federal aviation administration administrator daniel l. well appeared on capitol hill wednesday for a grilling over two recent fatal boeing seven thirty seven max crashes during the hearing in front of the senate commerce committee aviation subcommittee a well said that despite a lack of a clear cause for the down planes the f.a.a. and international community are working every day to increase safety. we don't have the final reports on either of these accidents but i have already set in motion at the f.a.a. activities to go to the assembly and as you know i'm sure i care meets every three

years and we're already examining what we bring to the assembly this year our country our pilots to help raise the safety bar which is as you know. we're responsible for aviation safety in united states but we're it's a globe there are no boundaries there's no borders it's a global endeavor and the distinction i'm not. and while al wall spoke for the f.a.a. in front of the senate committee he has on short time met as the acting in ministry or the white house announced earlier this month the nomination of former delta airlines executive steve dickson for that post joining us more for for more on the regulatory landscape of the aviation community is international regulatory attorney miles edwards now let me start just what was sponsibility does a as the regulatory body of the aviation community have to make sure these crafts are properly vetted before taking to the skies. correct and one of the difficulties

we have here is that there's a fundamental difference between the way aviation safety is regulated in the united states versus the way it's regulated in the european union for example and one thing that is really coming to light now especially during the senate hearings is the fact that since one thousand nine hundred fifty eight the federal aviation agency has the ability to delegate its oversight and compliance responsibility to third parties which means that if they can find qualified people other than themselves to certify the safety airworthiness of these planes they do and coincidentally enough in most cases it's the employees of the aircraft manufacturer so for example the boeing seven thirty seven max was certified to be in compliance by boeing employees so as captain sullenberger just recently said and many whistle blows have said it's really an inherent system that promotes conflicts

of interest and you're a lying on the manufacturers to really certify themselves and there's also i think a fundamental philosophy. fee with the f.a.a. that they treat the airline manufacturer regulated. and you know there's a lot of talk in this specific case about boeing's influence about the their role specifically because they are so influential and they do get a lot of deference but you said this law that allows the sort of delegation of this important oversight function that dates back to one nine hundred fifty eight is that correct yeah that's correct and that's been the system in place since then and if you compare it to let's say the european union aviation safety agency that's an agency that actually places their own employees on site for example air a bus which would be i would say the european counterpart to boeing they place them on site to ensure that the manufacturers are telling people exactly what's being

done now what's really interesting about the situation with the seven thirty seven max is that. in order to really boost sales boeing decided to really enlarge the capacity for the seven thirty seven but they found that one of the things that they needed to do was put in an in-flight stabilization system but they convinced the f.a.a. that this was not on the material or a major change hence not requiring additional training or certification pilots on the new system and this has really had tragic consequences because if you remember back on march tenth when the ethiopian airliner crash they listen to the black boxes and one of the things a polyp said was we were trained for this we don't know what to do so again we see a situation where you know they're really you know certifying themselves they're

committing the f.a.a. the pilots don't need additional training and it's resulting in a situation where airline safety is absolutely being compromised right and getting back to that contrast between the f.a.a. and. the european regulatory body are they making a play here to make themselves the gold standard in global air travel are those and are they trying to be that. yes apt absolutely know what's also interesting about can relate back to the opening crashes they sent their black boxes for analysis to france and the reason they did that is they decided that they really had the best resources in order to analyze and conduct airline safety and interesting enough they decided not to send them to the united states because they felt that the f.a.a. was already conflicted with boeing and they were questioning whether they could get an independent analysis of the situation itself wow sounds like

a real crisis of confidence in that industry we're very glad to have you as a guide for it miles edwards international regulatory attorney thanks very time. thank you very much. that's it for this time you can catch boom bust on direct t.v. channel three twenty one. or as always. r t c you know. the tense situation in venezuela is still all over the news the problem in venezuela is not that socialism has been poorly implemented but that socialism has been wholly implement. different we're going to announce sanctions

against. venezuela. the moment. the. moment. the whose story makes. henry kissinger. not be tolerated in latin america. terms of economic and social system could take hold and therefore the policy would be to make. economy scream so wants to make the economy of venezuela screed. most people thing to stand out in this business you need to be the first one on top of the story or the person with the loudest voice of the biggest raid in truth to stand out in the news business you just need to ask the right questions and demand

the right answer. question. well there was a crack seems to do crack when i was a little kid my dad he was like. just so you know like what i needed when i was a baby boy i had a bad childhood. there's always single mothers in african-american communities ever since slavery. i think it's more of a teenagers having kids. you can expect a fourteen or fifteen year old first daughter now order for him there are far there any check out. we actually lost our place and. my car and breaking down i was unable to get to work on time sunday let me go in

with my paycheck that i bring home i have nearly enough to pay my car insurance. gas in my car. it was supposed to be an historic day for brits and not a divorce from the european union instead the countries left frustrated with more votes coming up ahead. of the headlines the us secretary of state alleges that russia's interfered in every single election in america since two thousand and four and the george w. bush era. talks in the us bill china as the biggest danger since the soviet union the notion beijing dismisses as a cliché. from

moscow watching all things national of daniel hawkins review off likes for the.