or the policy would be to make. the chilean economy scream. economy is in this way. traitors that america's largest bank are charged under legislation targeting the mafia suspected of price manipulation of. things he knows why they got away with it for years. eric holder who was the attorney general under obama when the 1st came to light said. market manipulation and fraud were important for the american economy and that is the attorney general could not prosecute. also this hour the u.s. will stand with more troops to saudi arabia and the u.a.e. and response to an alleged iranian strike on an oil facility tehran though it claims even riyadh knows it's not to blame.

and hong kong again in the grip of protests with activists appealing to the west and those supporting china leaking the identities of mass vandals. you're watching our team for national bring you your live news update from our studio here in moscow welcome to the program. top traders from america's largest bank j.p. morgan chase have found themselves at the center of a justice department investigation they're accused of nipping laving the price of precious metals over the course of 8 years are up in looks at how they managed to say under the authorities radar are so low. when it comes to wall street hollywood doesn't exactly sprinkle stardust while portraying bankers thanks to agree to. be. their stupid if you want to bet against the banks that think we're either high or

having a stroke. name most of the money from your clients like you but if you make claims money at the same time it's advantageous to everyone correct. but it turns out that that silver screen image isn't that far from the truth 3 top executives at j.p. morgan have found themselves in court the defendants and others allegedly did a massive multi-year scheme to manipulate the market for precious metals futures contracts and defraud market participants now one of the laws invoked by the federal prosecutors is the rico act this is a law designed to take down criminal syndicates like the mafia.

so what exactly did these j.p. morgan guys do well according to the indictment federal prosecutors say they used any illegal method called spoofing to mess with the price of silver well let's say that you flood the market with orders for silver this creates the impression that the demand is higher and you cancel all of those orders now this is illegal because it essentially makes. the price yoyo in an illegitimate synthetic way not according to the natural cycles of the market it is illegal to do this just once but apparently these j.p. morgan guys were doing it for an entire decade now it's worth mentioning that at this point j.p. morgan owns roughly 50 percent of the world's silver so messing with the price of it certainly had big implications for them now the scheme that the federal prosecutors have apparently just uncovered has been somewhat of an open secret for

years here's our tease max kaiser describing it almost a decade ago on this channel they have sold shell silver contracts that don't exist they're engaged in naked short selling this is a form of counterfeiting well here's a modern day max telling us exactly how they got away with it for so long well eric holder who was the attorney general under obama when this 1st came to light said that market manipulation and fraud were important for the american economy and that he is the attorney general could not prosecute and that too big to jail was a part of the the part of the legal landscape of america now and so bankers were given a green light to commit massive fraud so that was the message from the department of justice under eric holder was commit all the fraud you need as long as we support the us dollar and if you need to manipulate markets and break laws then we're going to look the other way because the just the part of believes that the

fraud in the markets is somehow sacrosanct with the american way they they equate american islamic capitalism with fraud that thanks to eric holder barack obama and now donald trump this is the american economy we've been reporting for he hears as you know. these indictments always curious to see if anything comes out of it so far nobody has really paid a price for committing massive fraud. the u.s. is sending extra troops an air defense system. rabia and the u.a.e. according to the pentagon the move is a response to me and aggression. during this live in the studio for more on this now what is the justification coming from the u.s. while tensions between iran and the u.s. have become almost the new status quo so this latest move is really just an additional escalation and the on going feud the pentagon announced on friday that it would be sending additional troops what it calls

a moderate number which is yet to be disclosed and military clinton bows to saudi arabia and the u.a.e. primarily it says for defensive purposes now the u.s. claims that this was the request of local authorities to iran illegibly conducted a drone attack on 2 state run oil refineries and a major oil field in saudi arabia just last week. as the president has made clear the united states does not seek conflict with iran that said we have many other military options available should they be necessary it would be worth something with thousands of troops struggling hundreds of troops also just the secretary. do you think this is going to be enough we think for now that would be sufficient but that doesn't mean there could be additional deployments as needed based on the changing situation and surprisingly there have been accusations about but what concrete facts do we know about those attacks well what's important to note is that the u.s. has yet to provide any concrete evidence that iran is behind the attack despite

conducting various investigations in fact the rebels in yemen have already claimed responsibility which is something that the u.s. a sort of turning a bit of a blind eye to at the moment but his what are some mixed messages because also on friday the saudi forces retaliated by wanted a series of strikes near the yemeni port city of data by their own admission to stop rebels from conducting air assaults on shipping vessels in the red sea and this seems a bit contradictory because as the iranian foreign minister says the strikes seemingly seem to suggest that saudi of saudi arabia saying yes this is the rebels are behind attacking oil facilities and so we're not going to punish them and prevent them from doing anything similar in the future. since the saudi regime has blamed iran basis is that is for the attacks on its own facilities

curious that they retaliated against her data in yemen today breaking a u.n. cease fire it is clear that even the saudis themselves don't believe the fiction of iranian involvement. so we can see that saudi arabia's action slightly with washington's blame game with iran and as we just heard obviously contravened a u.n. cease fire but there's also one thing worth mentioning here is that while yemen might have taken this hit iran has made it crystal clear that it will not tolerate any encroachments on its territory in fact the chief of iran's elite islamic revolutionary guard corps has vowed to shoot down all drones violating the nation's space and toronto aims that it's ready for any scenario and that whichever country decides to potentially attack iran will become the site of a major battlefield so we have the u.s. sending these troops but that's not the only pressure they've decided to put on the

iranians tell us more about that well no as is often the case as strikes and troop deployment haven't been the only reaction this is been a sort of multi-pronged attack so washington has also decided to continue economically strangling iran by announcing a new a severe round of sanctions this time both on the central bank run and the national development fund and of course it's hoping that this will just finally cut off the last remaining sources of funds flowing in to terror on but we know that iran has been suffering punitive u.s. sanctions since trial unilaterally withdrew from the can deal back in may 28th which is why as their response shows for them this is really just washington up to its old tricks yet again. these are the highest sanctions ever imposed on a country never done it to this level. it's too bad what's happening with iran it's going to hell. sanctioning iran central bank reveals moves than anything the u.s.

is desperation the americans have imposed all types of sanctions they can on iran now what they're doing is imposing sanctions on the central bank which was sanctioned before under different pretext their action is so. hazardous and unacceptable and it is also a violation of international law. so definitely a tense and quite fast unfolding situation and certainly an indication that unfortunately the standoff between tehran and washington doesn't look like it's going to ease up anytime soon so thank you for joining us in the studio with that report. our guest say the u.s. is just protecting its own interests in saudi arabia. the thinking behind the your list. is the you're trying to protect what he considers to be their own or what it's considered to be their strategic lifeline so by

sending more troops because we served under troops back in july but i read this troop deployment the us as. well the security of saudi arabia or oil that's not a proper war there is an awful war that's already in the you right and i think. they were. being. as it is were these forces from the national army. in 2000. and despite all the destruction of their. cars the part you know you have not succeeded in there are so. hong kong police have started dispersing anti-government protesters with several 1000 taking part in a 16th consecutive weekend of demonstrations. 6 that maybe.

the police are using sponge grenades and pepper spray against the demonstrators who've been blocking streets with barricades burning flags and destroying property subway stations and they've seen the protests are close early are pro china supporters pull down messages and images put up on a special wall by anti beijing activists the rival sides have lately adopted new tactics to get their way then your hawkins explains. for months hong kong has been embroiled in massive protests each passing week to see mistrust confrontation and violence on the 2 sides of the barricades escalate so many on the streets this has become a war of attrition with an implacable enemy both sides pick new tactics to get one over their opponents in an apparent deadlock. many protesters feel this conflict is unwinnable wars are a powerful ally and western political intervention to tip the scales in their favor

peace. and your health are paddling. upon. by potentially passing this act the u.s. risks the revocation of hong kong special status crushing the region's economy but this seems a secondary concern when there are bigger battles to fight. while pitched battles are fought in the streets conflict has also spilled over online docs in the intentional spreading of private details in order to harass intimidate or coerce is the new favorite weapon and both sides are guilty it's a tactic that's illegal yet hundreds of complaints have been emerging over the last few months many incidents of targeted pro opposition journalists chinese state media have condoned revealing identities of protesters and on the opposite side about 40 percent of such cases have targeted police officers or their families

government officials and other citizens a large number of our officers and their families have the impression that data unlawfully collected only practice norms and passing personal data including id card numbers birth date telephone numbers and dress and photos such data was this close on social media without the consent of our colleagues. that now seems inevitable recent polls show that 90 percent of demonstrators now agree that radical tactics are needed to get their way a sign that a political ceasefire is nowhere in sight the protesters have got what they wanted all those months ago but withdrawal of the widely criticized extradition bill but that's no longer enough an inquiry into police brutality fundamental political reforms resignations the list of demands grows longer the hong kong chief executive carrier has offered dialogue. we are holding the 1st session next week and this

is an open dialogue platform we will invite people from all walks of life to come to express their views to us this is because of our conviction that common occasion is far better than confrontation but when both sides seem more focused on fighting their perceived enemy than seeking a way forward kerry has a mountain to climb the violence is always appreciated. over a couple of plays the western media or so surprising we british or more of the very . borders are always there but we're always begins charging there was food that was what they are they were or usually good who are who are. who are. actually. peaceful citizens and the law and force him to.

be sure it's all very much people although the racial tension high also which was what they'd prefer you know all the creation of beijing is going to grow. those who it's going to be used against immediately what it was to. the acting director of u.s. immigration and customs enforcement says that the rhetoric of some democrats is leading to attacks against his employees the treatment of migrants at isis facilities has been likened by some politicians to nazi concentration camps. we don't run concentration camps that are used doesn't put kids in cages. that were not nazis and foresee a law and order signed by a federal judge is running concentration camps on our southern border and that is exactly what they are going to you know raid these people's houses and what

have you a day generally reminiscent of that's your job and i just say it now ladies and gentleman on the chin. and we are raised to say nothing. is happening. those kind of language and that kind of rhetoric. that results in people who may not be of sound mind doing things like shooting bullets into an ice or still in san antonio texas almost hitting one of my agents immigration is currently in issue dominating us politics many claim the facilities are inhumane following the deaths of $24.00 immigrants in custody some go so far as saying the camps should be abolished there have been attacks on several ice facilities across the country one in salem tonio it was fired upon in the early hours though nobody was hurt or a protest is expected at the home of a warden of a facility in colorado we spoke to our guests who who things the anti ice writer is

abiding the nation further. i think it's one of the most disgusting mis uses of this type of dog whistle politics i've ever seen in my life i mean i was watching the video with the ice director of matthew all the ins and really making it a please 1st day on it i mean these border agents have a dangerous job you know that we had the incident where somebody tried to shoot one of the facilities the other was a attempted a bomb threat you know where it could have hurt you know the detainees i mean i really find it disgusting and particularly you know if i was jewish and living in america and hearing that type of comparison to them being nazis it would be sickening and maybe never want to vote for people on the left they go ahead and push this language and this kind of this kind of anti ice rhetoric i think this rhetoric at all or any way is designed to help anything i mean i just think of anything it's just biting the nation further. still to come on the program our

correspondent travels to pakistan where locals are worried by rising taxes amid fears of political unrest that story and more after the break. what politicians do you should. put themselves on the line they did accept it or reject. so when you want to present danger. or some want. to go right to the press this is like a puzzle for you to be that. interested always in the waters in the. question more.

tensions between the masses and close. he's have existed ever since modern states came into being they often serve as a driver of political change with russian civil society growing larger and louder against the excesses of the governing elites what does the future of the political system look like. welcome back with pakistan planning its budget for next year many locals are worried by rising taxes amid fears of political unrest that's what our correspondent paul slayer found during a trip to islam about. this is one of pakistan's busiest markets where shop owners

are the 1st to feel the brunt of the government's efforts to introduce tax reform and the economic measures to try and address the failing economy but people here are angry the thing is that many of the shops here are not legally wages to and so the requirement that they do so and also pay taxes to put it mildly is not being welcomed by everyone yes we are facing difficulties on inflation on the rates of poverty are high still we hope things will get better it's on the pakistani economy is facing one of its worst crises ever the population here numbers some 208000000 but he's growing by nearly no surprise then that the government has been forced to come up with out of the box solutions economic situation is quite bleak in pockets . and country have been for a thing you can only cry through. we country for a program for the right for because of the i.m.f. . and the impact of these going to show for the

poor and the low income group which. belong to various factions including the leader of the group and they. do believe the government people are in distress or are there for you think. growth of the program they're not happy for there are transferred there people may go on strike prime minister among cons government has prioritized the development of small and medium sized enterprises how satisfied are you with what the government has been doing for the last year economically. in the course of just a year nothing can actually be done iran can has a 5 year job to do out there that will see what he's managed to achieve despite the difficult times most people here have hope that the economic times will turn. policia islamabad. the international life sciences institute in

washington d.c. sounds harmless enough but a recent report suggests the i r s i is a home to a very powerful lobbying group working on behalf of the u.s. food industry the institute claims to promote science for the public good and to be transparent and nice it functions as a lobby group but i meet through a stop or one of the people featured in the exposé thanks to differ if you look at the conflict of interest statement for example for advice by you'll see our stories birth of directors it makes it very clear that in the interests of us in c. must come number one at the interest of any other party will come secondary to that this is a huge problem because this organization has been able to infiltrate if you may different government agencies particularly one government agency that decides on the rules and regulations on food safety and standards the these people who sit on

the board of directors of n.c. . also sitting on these committees of government agencies that are supposed to do food safety. standards and regulations there should be a split between their representatives who you'll see and people who are actually working with government agencies to protect public health according to a recent study the institute's offshoot in china is said to have influenced the government's obesity program resulting in guidelines that downplayed the role of diet in india reportedly obstructed government efforts to flag up potentially unhealthy foods a few decades ago it also championed the tobacco industry's interests in europe and america well more recently it supported claims that a widely used weed killer does not cause cancer the institute's website boasts that it's an ngo working to promote health and the environment it does not mention who its donors are though reportedly these include coca-cola pepsi co and mcdonald's

and again gives further insight into how the i.s.i. operates. you'll see seeks to influence individuals positions and policy both nationally and internationally on his corporate members deployed as a tool to promote their interests globally this is a group that is there to promote the interests of the food companies particularly with government officials around the world who are dealing with public health issues in those countries now what we're finding is that we'll see is actually producing studies that we caught our absolute casie lead studies in other words these are studies that are designed to influence policy makers by downplaying the real rule for example sugar so these are manufactured studies and this is a huge problem because what they're doing is that they're also boeing are working

with government scientists and government officials to make these studies more credible we've contacted the international life sciences institute for a response to these allegations no reply as of yet. mixed martial arts starhub even among the other is facing a new opponent the like of which he's never fought before in the form of animal rights activist group peta it's simply can't bear the way he treats them. well there. was no. heating coverage is the u.f.c. to evaluate its relationship with mr the mother mad death until he shows

a clear change in attitude and a commitment to showing animals there is paths that they desire for peter burgess mr malcolm out of to seek to wrestling with willing human opponents. peta just trying to get some headlines. i love peta. oh. that's her global news update for this hour but don't forget you can always head to our web site. the details on all those stories and many what we're. made of interest rates are telegraphing a drop in population if you look at forced himself from the present to feed the

bodies game that. this generation will have to be sacrificed and so you know humans have not really psychologically evolved bought from the day just outright. for their gods or their books or a generation see the positive gods. a certain 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. only implement inside venezuela things are different we're going to announce sanctions against. venezuela so if you. have a son of the moment you get out of that. data to see on the. moment. the who story makes him henry kissinger to tell him. not be tolerated in latin america. an alternative economic and social

system could take hold and therefore the policy would be to make the economy scream so wants now making the economy of venezuela screed. thank. god the right. question did exactly does the comedy show where americans in america covering american news are called foreign agents. so saudi arabia's oil fields were attacked and the debris proves iran was behind it or rather saudi arabia wants to go to war with iran says iran was behind it. but also the united states who wanted to go to war with iran says iran was gone. call me crazy

but does it matter if the debris is a ronnie and made don't countries sell arms to each other even though it's a damn stupid idea don't they do that all the time i mean we we do it a lot in fact israeli soldiers often hits palestinians with tear gas canisters marked made in the usa. you think they'd take the time to put a little sticker on there that says. made in russia. there were no. meanwhile buried quietly at the bottom of a lot of this week's report that says who threw the rebels have said they are behind the attacks so rebels in yemen who have been mercilessly genocide by saudi arabia over the past many years with the help of uncle sam factions in yemen have claimed credit but as m.s.n. b.c. will tell you are on is for some reason.