corrupted, you need to descend. ah, so join us in the depths all remained in the shallows. ah, ah, in this thursday mornings headlines, the pandemic increases. the number of 1000000 is by 5000000. is that gap between the rich and poor widens even further? i did on next headline of warning, know of disturbing images. residents in northern paris are up in arms off for a 2 year old boy and his mother assaulted by drug addict officials that are just sanction drug use in a nearby area. they created a kind of a drug addict, isolated fuel abandoned. we have a park, but it is absolutely impossible to go here and moscow. some of the british buster

over a u. k. war ship that entered russian waters in the black sea warning shots were fudge and incident london insist. the vessel was travelling in international waters . ah . 10 in the morning in our watch. who on the will. good morning for russia this 24th of june. my name's kevin, here with our latest for you for the next 30 minutes. this 1st, for many, the pandemic has brought hardship and suffering. but for some it's been a time to read massive profits. the number of dollar 1000000 is that has expanded by 5000000 during the past year. in the us 50000000000, a dentist is held as much wealth as the bottom half of society. there. america's dynastic families, both old and new, deploying a range of wealth preservation strategies to further concentrate wealth and power.

power that is deployed to influence democratic institutions, the press, civic, imagination, and rig of the rules, the further entrench inequality. the rise of inequality can be partly explained by global government's efforts to drag economies out of the covey crisis by making the cost of borrowing cheaper that stimulated the assets of the rich in turn. while at the same time, the poll. busy became even poorer as he goes down. off reports, for tens of millions of the pain pandemic could just as well stand for poverty, such as being the devastating effect. but for a select few, it stand out to mean prosperity, profits, profligacy. the locked down doesn't sound too bad when you get to self isolate on a 1000000 dollar your like this. altogether, the wealthy spend so much on these units. it would have been enough to fully vaccinate a small nation like new pool, for instance. ritzy mansions have also been snapped off the market and the raging health crisis along with lamborghini is ferrari's and rolls royces.

5000000 more joining the 1000000 as club last year. mostly in the us and europe. the rise and wealth and the close. he was likely not caused by the pandemic itself, nor is direct economic impacts, but it was instead a consequence affections undertaken to mitigate its impact primarily lower interest rates. and his a key reason why low interest rates means you can borrow money on the very cheap invest is use that to get funds which the then throw into the stock market shares skyrocket. this is what's happening right now. and that translates directly into massive wealth boose. for major shareholders, those who are already rich become richer, and that's not all they have going for them. the altar wealthy, especially diagnostically, wealthy families, have in fact created a to t, a tax system. one set of rules for themselves, another for everyone else. as

a result, we end up with absurd situations where a senior government official is able to say that only more on the pay the estate tax openly acknowledging that the u. s. a state tax system is optional for the wealthiest. a recent league from the us revenue service has revealed that america's 1000000000, as i know, used to paying almost no income tax. and it hardly even bothers the tax man in washington. well, if we glance on the bottom end of the wealth pyramid, almost $3000000000.00 worldwide report less than $10000.00 in their bank accounts. and more than a 100000000 have been plunged into extreme poverty by the pandemic in a bid to keep up the economies vital signs. the u. s. federal reserve has pumped an additional $3.00 trillion dollars of liquidity in since february last year. that's an 88 percent increase of the national balance sheet. while

a lot of that went into the coffers of the rich. it also set off economists alarms, as it's a bubble. and sooner or later, such bubbles tend to bust the economy shipping to one in which a very small percentage of the population has an enormous proportion of the wealth . all that the leak from the internal revenue service did was to expose yet again, how bad the situation is, how successful the very richest people in america, the 650 billionaires, especially how successful they have been in writing the tax laws so that they can legally evade their fair share of the taxes and it produces more bitterness, more division. as i said, it's

a society that is exploding itself and it doesn't seem to be able to recognize and change to stop this deterioration. meanwhile, more findings to tell you about the global anti poverty charity ox shows another side that managed to cache and during the panoramic majors supermarkets that are among the worst culprits. barely paying astonishing bonuses to shareholders while essential workers and farmers when the glen cove at 19 has cost global workers. $3.00 trillion dollars and lost income, and women and young workers have been hardest hit as they are often found in the most insecure and lowest paid jobs. most food chains are considered essential businesses the course. so they stayed open through the coven locked downs, and the some hikes shareholder payouts from 10 to more than $22000000000.00. in the 1st 8 months of the pandemic load. that's the rise of

a 123 percent. but oxfam says the work is most need mr. on the other side of the coin. and the loses will really work because, and farmers who produce a lot of these food products, particularly in developing countries. because they've had, you know, what we would use, we've shown previous reports that there is systemic exploitation supply chains. and what we found was that they hadn't even tuffy and unusual because of the panoramic and they had feared for safety. but some people do a lot of work and had lost income as well. some of them lost the job, some of the homes. and we didn't, we found very little evidence that the supermarkets, well, you know, sort of factoring that in the way they saw that product was a time to implement the human rights policies that they can prove to see is part is result of behind the buckets campaign and we didn't really see very much evidence

of that. so that's why we're saying it's a taylor with the news with which dr. the economic inequality. countries are really, really high in one area of northern paris were resident through fury to the south for authorities granted temporary position for drug users to me to the site near a local park there. so simple mid day was for one tier old boy and his mom and dad and misery when she was assaulted by a drug addicts. in fact, he was to seem shallow depends game paris picks up the story, plagued by a drug addict, many of them using crack cocaine. this call came power is sort of a nightmare for residents once a place that families could come to. now they pass by in fear or into residence and told us that this entire neighborhood is run. but yeah, yeah, yes, we've had enough. and this problem concerns, not only the garden avail,

the unify area. there are drug addicts, migrant dealers, all at the same time that are really a lot of them here. we have a park, but it is absolutely impossible to go here. so the whole things just checking the situation simply should not be headed in a children's park or any other drug. they need medical and social help and they were just moved to the park in the hope that the problem will solve itself to get you is, you know, this problem exists in our entire district as well as in several other. moreover, the problem with greg smoke, we had a visit for a long time, but now everything has become worse. it was you isolated, the feel abandoned will come here every wednesday for you post tweet. we do a lot of things. we have created an association to try and find a solution, but it feels like we're hitting a wall to the go already overflowing, here is

a disturbing development. a child amongst these images show the 2 year old basses on bruce those horrific injuries sustained during an attack against the child by an attic when they call to have pleaded and go with the authorities. this is the law school. and can you feel secure after something like that happens on the little child? you know, it's extremely shocking. it's devastating. i'm shocked in the place that the so lucian they offered is just to put 500 the drug addicts in a children's park. we needed the park to be secured that day and night by human presence, as well as the whole neighborhood, your police presence today. there are some policemen for the people here in the protest, but on the daily basis, you hardly see them broken. take to attack, love and child was later apprehended by the police,

but the prosecutor's office is concluded that she was supposed to be for. she's fully polar. instead, she turned in the corner for the latter of the area issues of mental health, drug of the big these are the gazes to the heaviest, once in a 2nd trip pathologists and crap consumption feed of each other which create the most problems for the residents. there is an urgent need to act. these people must be taken care of in specialized establishment. nothing is worse than leaving them on the streets. this protest, boy locals isn't the time to continue to focus on the severe issues. i'm just take back this talk from drug addict such as they can you guys fairly, the real survey has been abandoned by the authorities. charlotte, dean, c, r. c. i talk you in paris. this next one kicked off?

yes, i didn't. it most goes know some of the british combustor over u. k. destroy that entered russian waters in the black sea thrush defense ministry saying warning shots were fired during the encounter. with the latest senior correspondent, board girls div the british worship was detected as it was approaching russia's territorial waters just off the coast of crimea. it was warned repeatedly to change its course. the british, the apparently refused to heed those schools and eventually entered russia's territory waters. a patrol boat russian patrol boat apparently fought warding shots according to the russian ministry of defense. eventually, a russian jet was forced to drop bombs ahead of the, along the route of the british warship and eventually it left russia territory waters. but the russians saying that this was provocative bay via the room. and we evaluate this as a crude british provocation violates international and russian law that i would

also like, you know, form you reiteration method or to our country. we will be summoned to the foreign ministry us keep us all london version of events is markedly different from well the russian version of vents, as well as a journalist who was on board of the british say that they were peacefully sailing along and that the russians were somewhere out there carrying out military exercises, and the new warnings were issued of any kind that saying that all these reports about warning shots being fired, a russian dis information. it's incorrect to say either that it was fired upon or that the ship was in russian waters. h. m. s. defender was taking the most direct, an internationally recognized roots between ukraine and georgia. as you know, the u. k. does not recognize russia's claim to crimea, and we continue to hold the international consensus that rushes annexation of crime . it is illegal. there are a number of possible explanation for the british version of events. one of them is

that those writing press statements and releases have no idea of what happened. another is that unfortunately, the british may not be being entirely truthful. wow, yes. they recognize rushes territory waters as you indian territory waters. a journalist gbc journalists abroad. h m. s. the fed says that yes, the worship was issued warnings by the russians verbal warnings that yes, it purposefully entered the territorial waters that it controlled by russia and the yes, there were warning shots being fired. in fact, during, during his interview, you could hear russian jets buzzing the british, the british destroyer. this was a deliberately, by the rule, navy was every morning from washing scott vessels, prussia across reaction, the opposing statement. still pouring in,

but russia has for a long time now run alarm belts about heightened nato activity in the black sea. they have said that almost a permanent basis. now there are sophisticated native worship station in the black sea with precise and long range weapons abroad. and these sort of build up leads to incidence, like we saw today. here political i'm is chris banbury believes his latest development of the last thing the region needs right now. this is absolutely bizarre. this was no move which russians were going to see as provoking safe, and some sort of response is where very likely from the russians and that appears to be what happens. this is part of a, what is conscious strategy of nice expansion and initial presence around russia despite promises made to make our garbage over the end of the soviet union, the nature with not expanding to eastern europe and the former soviet republics, constant naval maneuvers in these out waters constant pressure pressure at the

moment. what's the british american and dutch ships working with the ukrainians? this is a recipe for some sort of compensation. and i think there should be talks between nato and russia to de escalate the bills up to deescalate the situation and to ensure that such an incident does not happen again. 16 the thursday morning. good morning. thanks for choosing out. see international kevin here. we will appreciate you checking in, let me talk about this is coming up on the break and stay with european football, governing body refusing them to illuminated stadium with the rainbow colors of l. g bt movement during european championship game is cause a lot of controversy will explain the background to it from the back. the

so what we've got to do is identify the threats that we have. it's crazy plantation, let it be an arms race is often very dramatic. developments only personally, i'm going to resist. i don't see how that strategy will be successful, very critical time time to sit down and talk to me soon. what we're going to say on this show is picking in, you've got global hash wor, because countries are now competing to accumulate the most bitcoin as part of the game theory that's built into the incentive stack. that is the magic of bitcoin and was unpredictable. who exactly would take the 1st step. we had talked about possibly japan, possibly around. possibly. russia turns out that nel,

salvador is taking the 1st step toward a big point standard making bitcoin legal standard. ah, i guess you're playing football. governing body is refused to allow munich football stadium to be lit in the rainbow colors of the l g. b t movement during a european championship match, the request was aimed to support l g b t, support you a for saw, the movers political load. some people of interpreted us as decision to turn down the city of me. next request to illuminate the munich stadium in rainbow colors for a year road 2020, much as political on the country. the request itself was political linked to the hungarian football teams presence in the stadium for this evening's match with

germany. i find it shameful that your wife or forbids us from setting an example for diversity tolerance respects and solidarity football stadiums in several german cities were luminated with l g b t colors during the match instead. well, several football clubs publish their own multi colored logos to read both flags with distributed vitamin seen to national out of the game, one activists to one to the pitch as well with hungary national and some of the same terms that was played last week. the countries lawmakers, the whole reason behind this, by the promotion of homosexuality or gender change among those under 18. budapest, so said the law has nothing to do with discrimination. it's aimed at protecting children. sports columnist, other more believe she way for should have taken a firm a stance much earlier in order to ation because day and the whole black matter cluster in. so then everything can come in afterwards. and they said that very dangerous precedent place initially allowing the,

for lack of protests. so basically people can do what they want. they're not trying to protect money. and i to protect that. they realize that play allowing that matter in that they created a monster. you can't control yes, the l g b t sigma is we, we know that it is evident, sharp and guess who said us, but they don't really believe that. and also they're now very, very cautious speaking with people to day. very hard, very, very start with your, these are symbols or posturing to say no, this is the basis for the cells into mess. joe buttons finding the flames of the u. s. gun debate with a new strategy that cracked out on violence targeting robot deal isn't a legal firearm trafficking. he's underscored that he won't allow public safety to be put at risk 0 tolerance. if you will sell

a gun to someone who is prohibited from possess unit. if you willfully fail to run a background check if you willfully false fire record, if you willfully fail to cooperate with the tracy request or inspections my message use, this will find you while the issue of gun violence is certainly a sore point in the united states. now, joe biden did lay out his new strategy for dealing with this situation. in his proposal, he particularly emphasized gun dealer, and he pointed out that 5 percent of gun dealers in the united states are responsible for roughly 90 percent of the illegal guns. now, in the other proposals he made, he called for outlying assault weapons and high capacity magazines. he talked about more background checks being implemented. it is interesting to note that when joe biden spoke, he made a rather interesting point regarding the issue of personal gun ownership,

etc. this is a really interesting choice of words. take a listen. second amendment from the day it was passed, limited to types of people could only what type of weapon you could own. if you want to do you think you need to have weapons to take on the government, you need a fifteens or maybe some nuclear weapons. the point is that has always been the ability to limit rationally limit a type of weapon that can be owned and who can own. now, joe biden is republican opponents were quick to respond. we heard from ted cruz, the u. s. senator from texas find and really says 5 point anti crime plan, take everyone's guns, abolished the place, released violent criminals and jail give violent felony stimulus dollars, and make them legal voters and hide. now, in his remarks, joe biden propose that pandemic funds be used to hire more police officers throughout the country and anticipation of a possible spike and crime this summer. now that certainly goes contrary to what

many democrats and liberal activists have proposed that being de funding of the police and reducing the police presence. now when he spoke, joe biden made clear that he felt that it was the pandemic that was responsible for the increase in crime, not black lives matter protests or decreased police presence, etc. now it is important to note that there has been a significant rise in crime throughout the united states over the past year. the murder rate has increased by 25 percent. and in most major cities, we're seeing a particular concentration of those cries, violent crimes are on the rise in urban areas throughout the country. so we now have a situation where joe biden has come out and made a big announcement regarding the issue of gun violence, anticipating perhaps a spike in violent crime over the summer as normally happens, but perhaps it will be bigger than usual. so that's the response of the gun debate continues in the united states. a couple of stories, in brief, it says a morning to people report has been killed in 21 injured in

a bus crush in northern iran. that vehicle at the time, a $25.00 radian journalist on board. it was heading for me to run, to report on the renovation of a provincial, nasty crush that isn't when the bus over turn apparently on the road went down the hill. and there's no immediate information about what caused it. raining, roads are considered though one of the most dangerous in the world with 17000 annual deaths. at least 3 people have been killed, dozens injured in a bomb blast in the eastern city of la hor, and pakistan the explosion reportedly happened to the house of the jail founder of an islamic terror group. and still no, no who is behind the attack. and that's what we're talking about this morning. if you wanna find out more oxy dot com or and of us social media, do you get involved in what we're saying as well? if we go into the comments section, let us know what other commit 24 and a half minutes. so just after 24 half minutes past the hour, have a good day. ah

ah, ah ah, ah ah, ah. doing the breathing technique and then take a pool in the hill. i don't know where it goes back to. to bring that i need to

be reached. they were just diamond fields, rector, mark d, as in green, a vision, she gave me. i still think the cops right on police report on december 2020 a group of and he finishes fill out a film crew access for 3 months. 3rd row like people, organization, it's an idea that must be opposed that channel out the game ground. they make their faces. but they can say what they believe and we believe in helping our community. we believe that fascism is one of the major threats to the united states as gotten driven. this is a chance to see who and teeth are really in order for me, my 1st amendment rights and say that my life matter. i have to be onto the pieces that we can't trust the police. we chance us government,

we can't trust anyone except ourselves to protect ourselves in the boom, but the one business so you can for them. and i'm bridge a board washington coming up, the central bank, warren crypto currency, heating up, while several investors have lamp that emerging pin fact. sure that we bring you up to speed on the cupid rivalry plus the e. you an updated list of countries approved for travelers entering the block. we'll take a look at the move as the term summer travel season wrapped up. and a shocking report shows the pandemic has bred millions of millionaires. later on we have some few analysis on the issue for pac show today, flipside, right in ad bic,

when has been put on blast by the bank of international settlements, a new report simply eviscerate the world's largest crypto currency. and in fact, all other crypto currencies. as well, that report claims bitcoin is a speculative asset rather than a currency is often used for crimes such as money laundering and waste energy. something we've heard time and time again. now bitcoin has few redeeming public interest attributes to be said on wednesday in a chapter of its annual economic report to be asked is an international organization that kind of acts as the central bank for central banks and aimed to foster global financial cooperation. meanwhile, bitcoin has had a wild 24 hours where the currently dropped below $30000.00 for a short time before jumping back up to around $34000.00. let's bring in boom bus co hosting crypto handle. it's been swan and christiane. to respond to these stories and more christie, i want to start with you. can you break down what has been happening with bitcoin

price over these last 24 hours? quite a lot has happened in the last 24 hours. there's been quite a lot of volatility when, especially when a 30000 level broke. now that was a key key, technical support level of resistance for big quite and right now you had and breaking 30000 was basically like having a damn break. so as soon as that broke, they're going to plunge down to 28, but that as soon as they plunged 20, then you see a wave of dip buyers coming in, pushing back quite back up about 18 percent for the day. so even though felt red fell red briefly for the year, they went quickly rallied up to about 345 in the afternoon, sweeping the rest of the all coins along with it. so i think that right now, this line of this line at 30000 is the line in the sam is very reminiscent of the 4000 dollar line back in 20192020. when bitcoin just kept on trading sideways around that $4000.00 mark, not breaking it, breaking it a couple times in order to test the strength of the support,

but every single time bouncing off of it. so i think we're going to see a lot of sideways trading for a couple months here as we consolidate at this level before either breaking to the upside or downside. and it's kinda crazy to think that we are now looking at 30000 as the low when, after a long period of time breaking 20000 was that mark that you were looking forward to go up. so it's kind of crazy that where we are right now. now ben, i want to move to those claims by the bank of international sediment. they bring up many of the common complaints. we hear about crypto that is used for money laundering, ransomware, tax and waste energy. but it does seem like we're hearing these complaints more often. are we not? well, we're here in the more often i think for exactly one simple reason. and that is, is that you have all these central banks that are terrified of the actual impacts that crypto currencies like bitcoin will have on the financial market on the banking industry. remember if we go back a decade ago because was created to up in the banking industry. so.