the survival. housing bubble. oh you mean there's a downside to artificial mortgage through don't get carried away that's cause with . another weekend of protests in paris turns violent with some demonstrators smashing windows and police responding with tear gas. also this hour traders at america's largest bank are charged with price manipulation under legislation targeting the mafia max kaiser says they've been getting away with it for years 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 to prosecute. and the u.s.

will send more troops to saudi arabia and the u.a.e. in response to an alleged ingredion strike on an oil facility around the claims even riyadh knows it's not to blame. a very warm welcome to the program from all of us here at our tissue in moscow thanks for joining us this hour cautious however up at what's become the traditional start a protest in paris you can see live pictures in the corner of your screen right now demonstrators gathered to vent their anger over the poor living conditions but also this time climate change as well more than 100 people have been detained charlotte you can see reports from the scene. several clashes taking place across paris we're here on the show where act 45 has taken place or you just get a sense of behind me there is a huge amount of anger here and that's because the police have cordoned an area

with the police pulled in signed it which they are not letting out and as you can see some of the people on the outside protesters are calling for the liberty of these people being cooled and in this section couldn't for no reason we were actually in there ourselves we were allowed out because we're members of the press or the police did this decided to bring people up the street bring people down the street and hold them together this is now who is in a sense of tension he might feel see this one man who is all going with the police people will be saying you know given the liberty this is a against a constitutional rights to be held like this for no reason we've also seen tear gas used to own the shows a lazy again used on people who didn't appear to be doing anything to warrant the use of that type of force there is a huge mobilization of police across paris today more than 7000 offices that is equivalent to what we saw on may the 1st when they were food 100000 protest is out

on the streets it's not clear how many are out on the streets today but what i can tell you is all around me there is this palpable anger and this is just one spot in paris where people are gathered we understand elsewhere in the city there is a climate change movement march that part of the jle asians taking part of and that there is tear gas being used that more than a 100 people so far have been arrested today and we also know that some of the protests of course so hairy that the police are trying to evacuate one of the main stations here in paris today as solis are using tear gas and actually causing problems for commuters commuters running to try and get on planes trying to get off the metro to get away from the tear gas so actually a huge. police presence but causing quite a lot of chaos here on the streets of paris and here on the shields at least a very hard to understand why this particular group of individuals who didn't appear to be doing anything being held now against them will. the protests move

seems to be taking hold around the world coming up later in the program hong kong is again in the grip of protests but anti beijing activists appealing to the west and they're supporting china linking the identities of mass protesters. 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 manipulating the price of precious metals over the course of 8 years. up and looks at how they managed to stay under the radar for so long. when it comes to wall street hollywood doesn't exactly sprinkle stardust while portraying bankers thanks to a greedy. we profit off their stupidity you want to bet against the banks that think we're either high or having a stroke. name again move the money from your clients like you but if you can make clients' 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 of those 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 of 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. the world's silver so messing with the price of it certainly had big implications for them now this 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 u.s. 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 and air defense systems to saudi arabia and the usa according to the pentagon the move is a response to iranian aggression earlier i talked with about this development. the pentagon announced on friday that it will be sending additional troops what it calls a moderate number which is yet to be disclosed and military clinton both 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 allegedly conducted a drone attack on 2 state run all over finally 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 rosen with thousands of troops struggling hundreds of troops so does 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 has 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 here's what are some mixed messages because also on friday the saudi forces retaliated by launching 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 the 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 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 has been a sort of multi-pronged attack so washington has also decided to continue economically strangling iran by announcing a new survey of round of sanctions this time both on the central bank run and the national development fund these are the higher sanctions ever imposed on a country we've never done it to this level. it's too bad what's happening with iran it's going to hell because sanctioning iran's central bank reveals more than anything the us 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 certainly hazardous and unacceptable and it is also a violation of international law. 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. we go live now to save moustapha crash chesham political analyst in tehran for more now what do you think is behind the u.s. deployments. hello and thanks for having me. as a matter of fact in addition to milk in the south of the cals that some fashion nowadays . there needs to be some you know reinforcement in the region for the united states in order to take that gesture that it's still a strong it's ready to go for action to save face in the world on the other hand they have long been pursuing this strategy a to widen their military buildup in the persian gulf in order to push themselves into the management and control of the waterway this for

a to for most of that's long been one of the main 2 bowls of the united states in the middle east strategically speaking but all in all it's not going to be war against iran we all know that we are sure about that for various reasons so you don't think see this as a possible excuse for a military action buildup in the future. well i don't think so you know adonal term ball is avoiding war because of fall a number of reasons 1st we do know that there is a lot of hosts of american officials former and present military and state officials who have all stressed that war on iran would be a low navigate action he would in care lots of costs on the united states and it would be a freak show war with no end in perceivable future it would be devastating for american economy the u.s.

economy is expected to experience a crisis soon no one knows it's going to be before or after the election that's when it's when the presidential election but the war in this region would speed up the process and would most likely make it happen before the election that would be detrimental for a u.s. president on the other hand he knows that any war against iran would infuriate the ones that voted for him and asked him not to vote for any kind of a war in the middle east or any other part of the world also a decreasing his chances for reelection also a recent poll just a few days ago in the u.s. showed that 90 percent of americans are opposed to any such war against iran over the soul of the attacks so for his personal gains as well as for his country's national interest he sees no benefit in starting war against iran war and military threat to iran has. initially had another role and reason and incentive to

be leveled against iran they start at the military threat in order to push tehran to the talks by increasing pressures alongside the sanctions and forcing to iran officials change their calculations and initiate talks with donald trump at miss ration once iran shut down their global hawk the american drone. a few months ago this law was called by iran and there you know military threats have no more credibility in the eyes of the iranian officials so donald trump is now in. stock in a dilemma a one side if he steps back and retreats people would start blaming him for you know. being a coward and he would lose face on the other hand starting war against iran would be devastating to him and to the united states that's why he has entrusted the

decision making for such a move on the arabia and he knows that the saudis would not cool for any military option against iran because that would be devastating to the saudi economy they would rather have half for adoption for a few months without casualties to having no production for force for perceivable future with hundreds of thousands of deaths bodies that cross all the arabia which would devastate this old economy and eventually end up in the overthrow of bensalem on family so that's the end game i mean does all of these would eventually take the gesture of peace seeking a press nation take it to the united nations security council and the whole that they could rally international support for political pressures against iran so all in all the us president has played all his cards an area of economy and

politics and a military and he is having no other car to play that's why he has written polls the sanctions that have already been imposed on their you know barack obama administration thank you rainy and central bank and they have no more cards to play the only thing that remains in here is just earning a few more dollars from the regional nations and widening the build up in the persian gulf for you know and trust for spreading to the northern parts of the persian gulf to push themselves in the management of the war the way. political analysts say it most often thank you so much for your time and your comments. coming up our correspondent travels to pakistan where locals are worried by rising taxes amid fears of political unrest the report after the break.

you know world of big. and conspiracy it's time to wait to dig deeper to hit the stories that made stream media refuses to tell more than ever we need to be smart we need to stop slamming the door. 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. the world is driven by dreamers shaped by one person or those great.

thinks. we hear to ask. them back hong kong police have started trying to break up anti-government protesters after several 1000 gathered for the 16th consecutive weekend of demonstrations. today. police have used right control weapons and pepper spray against the demonstrators who have been blocking streets with barricades burning flags and destroying public property to nearby subway stations have also been closed earlier pro china supporters pulled down messages

and images put up on a special wall by anti beijing activists rival sides have lately adopted new tactics to get their way as hopkins explains. for months hong kong has been embroiled in massive protests each passing week as see mistrust confrontation and violence on the 2 sides of the barricades escalate for 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 purchase this 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. 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 at least practice norms and passing personal data including id card numbers birth date telephone numbers address and photos such data was this

close on social media without the consent of our colleagues. that now seems inevitable recent polls show that now. 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 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 their 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 see more focus on fighting their perceived enemy than seeking a way forward kerry has a mountain to climb the violence is always initiated by a low level of coverage please give us the media or so surprising we should have more of the very. borders are always there but we're always begins charging there was food that was one of the out of the world or usually good who were. who are. actually. useful citizens and force him to. be sure it's all very much we will auto insurance hire also which was a. big clue for you all those asian asian is going to grow. those who is going to be used.

with pakistan planning its budget for next year many locals are worried by raising taxes and it fears the political unrest that's what our correspondent path there found during a trip to islamabad. 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 way just 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 thing you can only cry through. we country 4 and i'm a program for the right because of the. you know i love condition of. the impact of this going to show for the poor low income group which. belong to various factions including the leader of the group and they. do believe the government people are in distress are there for you think. growth of program they're not happy for there are transferred there are people who may go on strike prime minister among cons government has power ties 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 in rum 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. islamabad. that's a global news wrap up for now but i'll be back at the top of the hour with the latest thanks for tuning in. thousands of american men and women choose to serve in the country's military and the decision. every song came to a complete. the day that i was raped. you know told a shot at kill me and i see how would destroy. any screamed at me and he made me come in the gram my arm and he write me with his birth. if you take into account

that women don't report because of the extreme retaliation and it's probably somewhere near about half a 1000000 women have now been sexually assaulted in the us military is a very very traumatizing tat happen but i've never seen trauma like i've seen women who are veterans who suffered military sexual trauma reporting rape is more likely to get the victim punished and be offended and almost 10 year career or chose very invested in and i gave sex offender who was not even put to justice or put on the registry this is simply an hour in violence male sexual predators for the large part of target whoever is there to prey upon whether that's men or women . so what we've got to do is identify the threats that we have it's crazy. let it be an arms race in. this very dramatic development only really i'm going to resist i don't see how that strategy will be

successful very. time to sit down and talk. it's a 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 faithfully implement from the inside venezuela things are different we're going to announce sanctions against petroleum to venezuela associated. famously left. the sun goes. down but. i need to see on. the my. local whose story is a new mix of holding henry kissinger to tell him that he would not be tolerated in latin america and old terms of economic and social system could take hold and therefore the policy would be to make. the chilean economy scream so

wants to make the economy of venezuela reach. the. honey badger don't care about or don't care here we are at the honey badger baltic conference in radio a lot. oh yeah it's really cool let's check in with. max today is a good day to talk about mad cow and mad men because these are good

lessons for why we bit cleaner why we need big coin and why honey badger don't care about these mad men and and mad cow is running our world 1st of all you know a lot of people disagree about climate change what's causing it why why why the arctic is melting and things like that but. no plans have ever actually materialized to fix it so here we have bill gates part of the intellectual property. you know wielding sort of billionaire class and he has an idea the bill gates this bill gates funded chemical cloud could help stop global warming fires burning across the amazon rain forest every new the debate about solutions to climate change bill gates is backing the 1st high altitude experiment of one radical approach called solar geo engineering is meant.