central banks all right so your book is called out in may may first. workday workers revolution day thanks for being on the show thank you all right and that's going to do it for this edition of the kaiser report with me max keiser and stacy herbert i guess now he pranced the new book is collusion there's a link to preorder below check it out going to catch us on twitter it's kaiser report and so next time i. seen years ago i traveled across the united states exploring america's deadly love affair with a gun if a bad guy tried to get to one of my family members he would have better a lot better and i think it's fair and hearty when i buy my babies says my book was published in the year two thousand more than hoffa million americans have been killed by firearms in the u.s. side and we had a thought to me as i did this is a middle school we go through drills and we put ourselves in real scenarios it was interesting to see who actually got hit by the gun i decided to return to the subject to track down each gun owner who i'd met in photo all those years y

we're not in opposition of central soma. we're just speaking to make sure that the existing community is represented. these are some of the organisations that we represent. sorry. if you want to see it for a second longer. [laughter] laugh and the vision that we have is we drive for a soma that stabilizes, preserves and represents all of its community members and works toward the growth of a hollistic community. and we really want to work together with soma's diverse community members, governments agencies, like i said earlier, and the private sector to really make sure that the central soma plan is inclusive to the overall soma neighbourhood. the areas that are really important for us to discuss are around affordable housing, community facilities, resident services, open space and living wage jobs. and our priorities that we're going to be talking about today are around stabilization, preservation, community involvement, community control and what growth towards a holistic community really looks like. so here's mario to spe

no central banks all right so your book is called collision of out in may may first. workday workers revolution day thanks for being on the show yeah thank you all right and that's going to do it for this edition of the kaiser report with me max kaiser and stacey lambert i guess now he pranced the new book is collision there's a link to preorder below check it out going to catch us on twitter it's concert report and so next time. when the whole make its manufacture come sentenced to public wells. when the ruling classes protect themselves. with the final merry go round listen to the one percent. we can all middle of the room six. million more you need to. apply for many clubs over the years so i know the game and so i got. the ball isn't only about what happens on the pitch to the final school it's about the passion from the fans it's the age of the super money kill the narrowness and spending to get to the twenty million one player. it's an experience like nothing else not to because i want to share what i think what i know about the beautiful game played great so on

and central bank the bank of japan on sort of euro banks and they said look we need your help but this was all done in the background what was happening publicly publicly they acted as if they save the system in a period of losing colluding against their. the general public but they colluded with each other to rig rates to keep money at the average zero levels that we have today to buy trillions of dollars worth of bonds from governments and from banks particularly banks that allows them to value all of their bonds up so they basically artificially rigged the entire bond market stock market because all of these institutions now have access to cheap money with which they buy their own shares and effectively just totally change the financial system but what i did was i went country by country that i called to the countries in the book so i did mexico i did brazil and to china to japan i went throughout europe and. as a pivot areas where i looked at how they colluded over time so i was going back to two thousand a ground zero and seeing how they dealt with their own country's issues relat

of central banks all right so your book is called collusion it out in may may first. workday workers revolution day thanks for being on the show yeah i think you're all right and that's going to do it for this edition of the kaiser report with me max keiser and stacy herbert i guess now he pranced the new book is collusion there's a link to preorder below check it out it's going to catch us on twitter it's concert work and so next time i. run. the flow for the best out of the jewels with. the concerts playing to perform i pass myself to die i. don't know said he'd want to know sorry to close with. the snow and home stuff tariana. her. scanty clothes. she had. was that he could with. yes get more depletion. education a couple so kind of toilet b.s. i mean here you. see. kentucky. boys people were very funny you. know money says. it was almost no coal mines left. the jobs are gone all the coal mines are said. that it was a laugh to see these people the survivors of disappearing before their eyes. i remember thinking when i was younger that if anything ever happened to t

the new silk road crosses central asia the russian sphere of influence. bloody near putin then a xi jinping regularly affirm their geo strategic alliance but this new chinese project could have a massive impact on the relationship between the two countries and in the long term it could do the same to the power balance in the whole of eurasia. group in the past the silk road was called the axis of the world if you control that road you control the world. china has. chosen the city of chong xing as the starting point for its new silk road. with a population of around thirty five million almost as many as beijing and shanghai combined chung xing is china's largest urban area. few people in the west have actually heard of chang xing but this mega city on the young sea river is a symbol of the economic boom in the country has been experiencing for the past thirty years. while growth is tapering off in the major industrial centers of one show and shenzhen chum xing is proving every day a new that it's one of the future engines of china's economic development. s

raises about the us system on the european central bank in. any other game now are not the cases of corruption and money laundering in latin in the lab and banking system so one has to of rather. control. our financial correspondent can add who's in frankfurt there now germany is one of the world's top exporters but when it comes to digital infrastructure you might be surprised to learn it is still lagging way behind to take the internet for example most states are still carried by underground copper cables which have been there for decades the coalition agreement between germany is still not official new government specifies that every person living in the country should have access to high speed data networks by twenty twenty five it's hard to make anything anymore without access to the internet. it's what startups are all about and central to the operations of mid-sized companies and major corporations alike. but many places in germany outside the big cities suffer from slow connections germany is virtually a developing country when it come

i was a -- you know, i loved being a central banker.ng the central bank, my country, is certainly the greatest privilege i've ever had professionally. but ultimately, public service is not about yourself. it is about the institution you serve, the people you serve, or the country you serve. and in that context, it was the right decision because it needed -- the circumstances were such that credibility was of the utmost important -- importance, and the best way to preserve the full range of action for the central bank in a difficult environment -- remember this was not -- this was still more or less the tail end of the crisis. things were still very uncertain. the euro crisis was still in full bloom. it was very, very important that there were no questions around the leadership, so it was the right thing to do for the institution. it was the right thing to do for the country. it was a painful thing to do for -- for me. francine: talk to me in kind of real terms, what is a robot advisor? you know, am i going to have a robot as a boss at a

philipp: first of all, central right now.ou are in the midst of this, so you know this better than banking has something to do with this. there is a framework around central banking that basically emerged firmly in the mid-1990's, let's say. that price stability can be maintained, can be guaranteed. that has impacted expectations banking has something to do with of economic agents. so that is part of it. that is certainly part of it. the kind of innovation around central banking i think is important. secondly, globalization has dampened, kind of, wage pressure. there's no question about that, that you constantly have new pools of labor that are entering the global labor market, the global supply chains. and so that has certainly made it very difficult suddenly to have a wage spiral going on. and then technology certainly is another piece where the combination of technology, competition, and integration of new economies, of new spaces, new pools of labor has made it difficult indeed for inflation to behave the way it would hav

i'm kathleen sawyer in central african republic a town that is controlled by one of the largest rebel movements in the country i'll be telling you why they are here despite the presence of u.n. peacekeepers. russian foreign minister sergey lavrov has blamed syrian rebels for blocking access into the enclave of eastern go to russia's pause in fighting is in effect for a second the first attempt on tuesday failed to stop the onslaught with at least thirteen killed in fighting low. says russian that syria's allies have established humanitarian corridors for people to flee the drivel shelling is blocking the path the u.n. says the truce is. too short to evacuate people. because the people of syria face a direct humanitarian crisis u.n. security council resolution two has established a framework for all parties to agree upon conditions to elevate the plot of civilians throughout the country russia together with the syrian government have already announced the establishment of humanitarian corridors in eastern guta now it is the turn of the militants and then sponsors to act as the militant

bring a slight chance of showers, mainly for the hills of the central coast. continued dry for the bay area this week with another weak system approaching later wednesday night into thursday. warming trend and continued dry into the weekend. long range trends suggest cooling with a chance of showers by around presidents day. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. san mateo bridge less then 30 min from 880 to 101. golden gat bridge drive time less than 30 min from 37 to the toll plaza. richmond bridge drive less than 20 min from the toll to 101 ( darya ) breaking news this morning... tesla road and corral hollow at i-580 in livermore are closed.( james ) c-h-p says there was a crash earlier this morning, that is now an active crime scene investigation. kron 4's will tran is live in livermore with the details. will? (darya) thanks will. we will check back with you through out the morning. ( james ) oakland police tried to stop a thief from stealing a truck ... but instead the man led officers on a nearly thirty mile chase i

city of naga has again highlighted the issue of american military presence in the country japan's central government and authorities in a canal where u.s. troops are currently station. have been in battle over the possible relocation of the base to the north. a recent poll shows sixty three percent of voters oppose their relocation while only twenty percent support the move the incumbent mayor of the city says a vote for him would be a vote for defending japan's autonomy so that your selections are extremely important as they will have a great impact on the future of not go in okinawa our country's current administration is attacking us with attempt to sway the power of these elections are meant to define japanese democracy and our tanami we're asking people from all over the country for their understanding okinawa is in a difficult situation right now but if many people support us we will continue what we do in one thousand nine hundred six a review by japan and the us decided the american base should be relocated to the remote area of her the decision was made in order to reduce the mil

but there's no law against it and the central banks keep issuing these synthetic products now why are they doing this because central banks like to think that they have a certain amount of reserves on their balance sheet in relation to the debt that they are issuing like the central bank of america for example is leverage i think sixty to one the central bank and ireland is probably leveraged fifty or sixty to one so the way to get around that to leverage themselves one hundred to one or two hundred to one they give a synthetic product a aaa rating you know which will be all this is a government issued product they're going to give a aaa rating but you know i could just as easily give a aaa rating you know this leaf and say this is a synthetic european central bank as a bond and i could say it's worth a billion dollars and it's on the balance sheet of a central bank and therefore it's as good as you know whatever they're going to say it's as good as but it's essentially just it's if it's nothing it's zero it's nonsense it's criminal well they go into how the actual synthetic derivativ

because of the new central subway, the city's central soma plan will let developers build at least a half dozen big new office buildings. five million square feet in total on 20 acres of neighbourhood land. there's plenty of room in these future projects for what our neighbourhood needs, too -- new affordable housing sites, affordable space for artist studio and businesses of all kinds, especially the historic flower market. and there's room, too, for safety in neighbourhood parks and local food markets. we need to make sure that all this happens. build a permanent foundation of stewardship. genuine neighbourhoods don't somehow magically keep themselves going. it takes people who care -- residence denlszes, business people, shop owners. it takes community groups and organisations. it takes time and energy. and financial support. it takes every generation. it takes many, many years. soma's long-time filipino community and its historic gay lesbian, sexual, transgender community will also be lost to escalating rents and property values unless there is direct civic intervention to mainta

but there's no law against it and the central banks keep issuing these synthetic products now why are they doing this because central banks like to think that they have a certain amount of reserves on their balance sheet in relation to the debt that they are issuing like the central bank of america for example is levered i think sixty to one the central bank and ireland is probably leveraged fifty or sixty to one so the way to get around that to leverage themselves one hundred to one or two hundred to one they give a synthetic product a aaa rating you know which will be oh this is a government issued product they're going to give a aaa rating but you know i could just as easily give a aaa rating you know to this leaf and say this is a synthetic european central bank as a bond and i could say it's worth a billion dollars and it's on the balance sheet of the central bank and therefore it's as good as you know whatever they're going to say it's as good as but it's essentially just it's if it's nothing it's zero it's nonsense it's criminal well they go into how the actual synthetic deriva

but there's no law against it and the central banks keep issuing these synthetic products now why are they doing this because central banks like to think that they have a certain amount of reserves on their balance sheet in relation to the debt that they are issuing like the central bank of america for example is leverage i think sixty to one the central bank and wireless probably leverage fifty or sixty to one so the way to get around that to leverage themselves one hundred to one or two hundred to one they give synthetic product a aaa rating you know which will be all this is a government issued product they're going to have a aaa rating but you know i could just as easily give a aaa rating you know to this leaf and say this is a synthetic european central bank as a bond and i could say it's worth a billion dollars and it's on the balance sheet of the central bank and therefore it's as good as you know whatever they're going to say it's as good as but it's essentially just it's if it's nothing it's zero it's nonsense it's criminal well they go into how the actual synthetic derivativ

the central bank is further along., it is later in the cycle in much of the rest of the world. an overweight in emerging-market equities versus australian equities. the emerging-market is doing well, not suffering from date has and to handled the federal reserve hikes relatively well. anna: how positive a story is wage growth in the united states. if markets were spooked by that jobs report and the strength of the wages component of it on friday, is there a positive in terms of the political threats and the rise of populism if we are seeing higher wages and some of these western economies? mark: you are right. it is a rubik's cube all positives and negatives for investors for people. one of the things that came out kind of was this positive story. i mean, last year at davos, the abominable snowman of populism was outside the main street sure this year, it felt a lot different because to some degree, some of the rising tide is lifting some of the boats. whether it is politics or not, after the signing of the tax bill, w

central bankers have certainly become controversial. they have been described by a well-known authority as only game in town, and i think many of us think that's probably truer of japan than anywhere else so there were three arrows and yours is certainly the arrow that's gone further, mr. kuroda so tell us about your remarkable monetary policy, its success and how you're going to get out of it. >> thank you, martin. let me first explain the current status of the japanese economy. the economy is expanding moderately, supported by both domestic and external demand in a well balanced manner. real gdp has continued to grow for seven consecutive quarters, and the average growth rate during that period is close to 2%. since japan's potential growth rate at this time moment is slightly less than 1%, 2% growth in the last seven quarters is really substantial improvement, and the unemployment rate has declined to less than 3%, actually 2.7% which is each in the japanese context is really full employment, and the current economic recovery has las

what actually have happened in the past weekm reflects on this last ten years of central banks reallymoney, propping up against this global volatility after the financial crisis. in the guardian, a slightly left—leaning article. he points out austerity has affected the health service at the same time as increasing money printed by the government, some irony there. it points to this equitable ‘s rate of growth. wages, real term rate —— waiters have the road. the jobless figures are positive, yet the markets have tumbled, 5% losses. that was after a pickup on friday. this ain't good news. larry elliott is saying the central banks have paid too much of a roll over the last ten years and now it is time for markets to start playing —— paying their role and go back to what the status quo was before, and he says that is not good news because we have not learnt the lessons. also what happened last week, everyone made the assumption that the market slipped because of thejobs report that the market slipped because of the jobs report that came out but actually he says some of these assumptions t

you think that the central bank is behind the curve. the market is saying no, no one is behind the curve. absolutely normal, no signs of inflation threats in their. maybe that is why the dollar is a by standard in this equity market selloff. what about the qe trade in general? is it over? i mean, i think, we've still got japan to come, i wouldn't call it over. switzerland had their flaw, then in 13, 40, with a taper tantrum. last year the esau the ecb going to move. , theuld be quite vicious yen. mark: you have upped your forecast in the euro-dollar to 125 through the year. i know it's all at pace when it comes to currency moves for discomfort levels, but is there a level at which the ecb really is going to push back again? david: central bank worries about jumping out and era plane. it is the rate of change in the speed and everything is fine. without it, you start going too fast. it is the speed at which it goes. in one week's time, that's a problem. as long as the economy and corporate has time to adjust currency levels, the central

a member of the european central bank's top policymaking counsel has been detained as part of a bribery and money laundering investigation in lafayette from save it is also head of the country's central bank his home and office have been searched vs prime minister will chair an emergency cabinet meeting on monday is here the operations of the country's central bank will not be affected as scares in india carried out

from the late 19th century until 1960, the central african republic was a french colony. then it declared independence. but instead of a democratic government being installed, the country was run by a series of corrupt politicians and autocrats, including the notorious emperor bokassa i. since then, there have been a series of military putsches. the last coup was in 2013. for decades, numerous warlords and rebel groups -- among them christians and muslims -- have fought over the country's commodities, fertile meadowlands, gold, and diamonds. thousands of people have been killed, while others have fled to neighbouring countries like chad, cameroon, and the democratic republic of congo. according to the un's refugee agency, around 545,500 people have left. and even more, 600,000 people have been internally displaced. >> from the air, kaga bandoro in the northern part of the central african republic looks pretty peaceful. but what we're seeing is actually a refugee camp housing around 30,000 people, some of them from the city itself. half of those in the camp are children. m

six people, all of african descent, were injured in the town of macerata in central italy.upporter of the far—right, anti—immigrant northern league. from italy, james reynolds reports. one man, a young italian armed with a pistol, turned the italian city of macerata into a terrifying place. the gunman fired from his car at anyone who appeared to be a migrant from africa. there was no time for his targets to hide. i was passing by this morning to go and buy cigarettes. when they shot me on my leg this morning, you know. so the person inside the car was shooting, you know. during the attack, the authorities posted warnings instructing the city's residents to stay inside. the gunman was arrested when he got out of his car. he was draped in an italian flag. witnesses say that they saw him give a fascist salute. he is identified as 28—year—old luca graini. italian media reports he had been a candidate for the anti—immigrant northern league party in local elections held in 2017. this does not have any ad illogical motivation. criminals are criminals. the state will be severe to a

but there's no law against it and the central banks keep issuing these synthetic products now why are they doing this because central banks like to think that they have a certain amount of reserves on their balance sheet in relation to the debt that they are issuing like the central bank of america for example is levered i think sixty to one the central bank and ireland's probably leverage fifty or sixty to one so the way to get around that to leverage themselves one hundred to one or two hundred to one they give a synthetic product a aaa rating you know which will be all this is a government issued product they're going to have a aaa rating but you know i could just as easily give a aaa rating you know to this leaf and say this is a synthetic european central bank as a bond and i could say it's worth a billion dollars and it's on the balance sheet of the central bank and therefore it's as good as you know whatever they're going to say it's as good as but it's essentially just it's if it's nothing it's zero it's nonsense it's criminal well they go into how the actual synthetic derivat

boozer conrad how serious are these allegations against latvia central bank chief. well. allegedly accepting or demanding a bribe of no less than one hundred thousand euros that's a crass allegation against such a high ranking official and it's no comfort that we have talking about events that are likely to have happened years ago that's according to the lawyer of mist which the government in rigo we've just seen the minister talk there is trying to calm down markets but at the same time the government has announced that it's not planning a no major refinancing operation no issuances of new government bonds in the short term and that of course has to do with you know the concern that the real reputation of the country is seriously damaged what about these separate u.s. accusations of sanctions busting they sound even worse. yes of course i mean talking about north korea. the connection or from from the mouth of the u.s. treasury this is the allegation against this bank a b l z that's also a tough allegation and even more so as this is not the first and only negative

i cryptocurrency were clearly dismayed by ballooning balance sheets of the major central banks in the aftermath of the global financial crisis but the lack of any meaningful inflation since and both developed markets and emerging markets has surely reduced concerns about legal tender issued by a central bank money so they finally read a white paper they probably read the white paper total of ten years and they say oh the blooming debt that's what you know cause somebody with a concern is to do battle with the terrorists in the central banks and they say that we printed lots of money but there was no inflation. it failing to recognise that there was no wage inflation for people there was asset inflation for your punk enablers asset stripping mongers and terrorists but wages didn't go up because using financial engineering. to wages no muss they good don't don't go up. by no nice black folks in america no to get nice and you know they're in the wrong german or quarter doesn't for them . so i'll smoke and mirrors and i hope you know i'd like to see the faces of these bankers when they re

i cryptocurrency were clearly dismayed by ballooning balance sheets of the major central banks in the aftermath of the global financial crisis but the lack of any meaningful inflation since and both developed markets and emerging markets has surely reduced concerns about legal tender issued by a central bank money so they finally read white paper they probably read the white paper total most ten years and they say oh the ballooning debts that's what you know cause somebody with a concern is to do battle with the terrorists in the central banks and they say that we printed lots of money but there was no inflation. failing to recognize that there was no wage inflation for people there was asset inflation for your punk enablers asset stripping mongers and terrorists but wages didn't go up because using financial engineering. to wages no muss they good don't don't go up. by no nice black folks in america no to get nice and you know they're in the wrong germander quarter doesn't for them . so smoke and mirrors and i hope you know i'd like to see the faces of these bankers when they realize

i cryptocurrency were clearly dismayed by ballooning balance sheets of the major central banks in the aftermath of the global financial crisis but the lack of any meaningful inflation since and both developed markets and emerging markets has surely reduced concerns about legal tender issued by a central bank money so they finally read a white paper they probably read the white paper total most ten years and they say oh the blooming debts that's what you know cause somebody with a concern is to do battle with the terrorists in the central banks and they say that we printed lots of money but there was no inflation. failing to recognize that there was no wage inflation for people there was asset inflation for your punk enablers asset stripping mongers and terrorists but wages didn't go up because using financial engineering. to wages no muss they good dead don't go up. by no nice black folks in america no to get nice and you know they're in the wrong german or quarter doesn't for them . so smoke and mirrors and i hope you would like to see the faces of these bankers when they realize tha

that will continue overnight and it will turn cold particular in central, southern and eastern partsnder cold skies with a widespread frost. the showers continued in western scotland and northern ireland, heavy in places with further accumulations of snow and some will affect northern and western england and towards wales and even the cheshire gap into the midlands. most eastern areas are cold and frosty and the risk of ice with the showers. monday morning sta rts with the showers. monday morning starts on an icy note that not too bad, high pressure will bring fine and settled weather, a good bit of sunshine about, just wet —— in western scotland and a few hills seeing some wintry showers but that's it, but another cold date but that's it, but another cold date but that front will bring rain and sleet and snow and strong winds on monday night. this is bbc news. our latest headlines... the government is warning oxfam and other uk charities that funding will be withdrawn if they fail to cooperate with the authorities in cases of sexual exploitation by staff. a russian passenger aircraf

bank bondl central market lead.g economy, inflation set to rise and central banks need to hike. get used to hire bond yields and volatility in the market. that is not going away. guy: the last couple of days, some of the sessions have been different in how the market has reacted. there was this feeling that at some point, you need to flip out of equities and into bonds. you are telling me yet we are going into a higher regime and that trade doesn't work. mark: absolutely, right now you have to be careful. what is interesting about the recent events in markets, you have a lot of products that were designed for the old regime, and they are very much yield enhancing, return enhancing products, shortfall products which don't survive in the high-yield, highball -- high vol environment. but the market can get through this. if you look at the market, growth is good. be more of these blowups to come down the line. matt: mark, should we feel sorry for people who were all in short vol? isn't this a good thing to remind people

i'm catherine sawyer in bria central african republic a town that is controlled by one of the largestrebel movements in the country i'll be telling you why they are here despite the presence of u.n. peacekeepers. we've got weather systems going up to make their way across the korean peninsula easing over towards japan big massive cloud mass little area of low pressure developing here that's going to introduce a very wet and windy weather. some wintry weather for a time too as it makes its way across the sea of japan big downpours that it's in northern parts of honshu easing up into her car that was some snow for her kyra nineteen celsius in tokyo so at least the rain is going to be on the warm side it'll turn a little cold as we go on through friday wintry showers continues in northern parts of japan but further south it will brighten up and it won't be too bad at all we got up to around four celsius across the korean peninsula now just some wet weather coming into central parts of china by the states with a bit of wet weather in place here as we go on through thursday warm southerly

and not just looming central bank rate -- central bank rate .ikes but also debt issuance that is whathe government shutdown thing gets us back to. ian: that is a good point. we would expect the bulk of the issuance to be focused on the front end of the curve. but now there is a need to finance more debt. given the outright level of yields, i have to say that i was surprised not to see stronger demand for the 30 year auctions. di: i would like to throw up a quick chart. it may answer if there is more of a correction to come. this is 2851. this extraordinary streak of calm has come to an end. levels that we have come from, is there further to go in a market that is recalibrating itself? ian: that is the question we are all asking ourselves. will there be a more significant correction in the equity market? when you see the fed tightening monetary policy come it is not good for risk assets. and in range bull market correction is potentially at hand at this point. it will be a telling friday's session in the u.s. have: you would have to nerves of steel to do what some of the strategists ar

control the central banks gov under investigation for bribery the u.s. accuses a lot of money laundering. electric dreams come true for the swedish students behind the scenes by the funding and orders are rolling in. and india's economy is booming propagates a logistics nightmare for delivery man how some start ups to turning to tech to tackle the challenges. let's do business banking officials say eat. gone away with bribery for years he's a key member of the e.c.b. and governor of latvia's central bank now under investigation is still the only financial scandal to hit the baltic nation one of its biggest banks is accused of busting sanctions on north korea. latvia's top banking official illness from savage arriving at the country's anti-corruption agency rim savage seen here wearing a cap was questioned by authorities after they raided his offices and property already say he is being held for demanding a bribe of at least one hundred thousand euros the news comes a week after u.s. authorities proposed banning one of latvia's largest private banks a.b.l