well i guess they shouldn't complain so much that the argentinean tomfoolery is makes americans rich so thank you argentina and venezuela we benefit from your political mess up anyway well thanks so much being on the kaiser report thank you max ok that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert want to thank our guest well for rector of wolf street dot com until next time i yell. my body told me that i belong with the board. my thoughts my mind was that along with the girls. to be of any particular. person. i was born a male had a sex change when i was thirty years old. i've now been living as a woman for twenty eight years and i fully recurrent this. should have gone away from by now but they hadn't so these surgeries are nothing more than plastic surgery i've had several female to male friends and you look at it and you just go oh god you paid for that it's horrible nobody can change genders it's impossible. is to lose you know it's a mental illness. this isn't one of my confession from my flesh she shall be called woman she was take

how i guess mission complaints and lies that the argentinean tomfoolery is makes americans rich so thank you argentina and venezuela we benefit from your political mess up anyway well thanks so much for being on the kaiser report thank you max ok that's going to do it for this edition of the kaiser part with me max kaiser and stacey herbert want to thank our guest well for rector of wolf street dot com until next time i yell. pranking gave americans a lot of new job opportunities i needed to come up here to make some money i could make twenty five thousand dollars as a teacher or i could make fifty thousand dollars a year truck so i chose to drive truck people rush to a small town in north dakota was an unemployment rate of zero percent like gold rush is very very similar to a gold rush but this beautiful story ended with pollution and devastation a lot of people have left here i don't know too many people here and just slow down so much they lost their jobs got laid off and the american dream is changing that's not what it used to be. and it's a tough reality to deal. with politicians t

the prosecutor in the country was founded in two thousand and eight by the argentinean horn player one of scaling and the austrian trumpet player rudy corp. at the time principal positions in orchestras in vienna. the students come from all around the world on the visiting professors are musicians from top orchestras. where in europe you meet i mean was that your simple almost for c one concert. or are. these the. rare rare rare are rare. right looks better and it sounds better if you're going to the justice you've already seen south of us. by yes. or no to rudy thank you to see here's i can is this over and to think i want it for toys. lot if i that's asked mahia it would if you had a story you must conduct the suits want to go to his it didn't it didn't it didn't cost and fink out on these of wonder why academy nine as are you up the. banyan and a cage by his historic day in the foyer many moderate speed on disease radio and here conti you probably know the end and in any other may call my. phone home nice new phone say honey snows and doffed and if he had a fight would he know what

her you're the prosecutor me alicante was founded in two thousand and eight by the argentinean horn player. and the austrian trumpet player rudi corp. at the time helped principled positions in orchestras in vienna. the students come from all around the world and the visiting professors are musicians from top orchestras. where in europe you know he was in the us for almost for so you can see were. far. far from where. he looks better and it sounds better if you're in the us you already in the sound. bite yes. or no to rudy thank you to see here's i can is this over and i think at one or two i thought a. lot if i that's asked mahia what if you had a stew you must conduct the streets once again to his it didn't it didn't it didn't cause i think out on these of wonder why academy nine as you have the. banyan and a case by his historic day in the u. of oil and the way many moderate three hundred to speed on d.c. radio and he had come to. the done in a no to me call my on the phone who needs new friends families nose and dog business he had to fight what he knew would he have to for a bicycle a

the prosecutor me alicante was founded in two thousand and eight by the argentinean horn player one of scaling and the austrian trumpet player rudy corp. at the time both hope principal positions in orchestras in vienna. the students come from all around the world and the visiting professors are musicians from couple districts. where you're you meet i mean it was very much to both of us for so you can see where. there are prayer. that looks better and it sounds better if you have all the things you already do some of us think you can run five yes or. no to rudy thank you to see his i can. always and i think out on it for to a foreign. body if i that's asked mahia what he had to say you must get dr seuss once again to his it didn't it didn't it didn't wasn't finke out on these of wonder why academy nine as are you up to date. banyan and a case by his historic day in the you of oil into a money market eight hundred to speed on d.c. to you and he had come to you bob we know you have done any other make all men phone who nice new phones right on east nose and doth business he had a fight w

the prosecuting the alicante was founded in two thousand and eight by the argentinean horn player norinco one of scaling and the austrian trumpet player rudi corp. at the time both hope principal positions in orchestras in vienna. the students come from all around the world on the visiting professors are musicians from top orchestras. where did you meet with. us for so you can see. everywhere. you look better and it sounds better if your. son was in the. fight yes or. no to rudy thank you to see his i can is this over and i think it's for to a foreign. body of by that's asked my hear what he has to you must get dr seuss once again to his it didn't it didn't it didn't wasn't think out on these of wonder why academy nine. banyan a new case vanished historic day in the us and the way many moderate be on here condi you probably know and then any other may call me on the phone who needs new friends families notice and doctors need to hear a fight would you know we have to for advice alone on my stick ask my own boys and as we have done any of those comments it was interesting on this writing s

after years of crisis most argentineans are used to cutbacks and now it's the government's turn the number of the country's ministries will be cut by more than half but president maurice your mockery says there is still hope. in these few months all the storms were unleashed at the same time. but that's no reason to lose hope we must mature as a society not continue living above means nor continue living with corruption. on wednesday international monetary fund managing director christine lagarde met argentinian finance minister nicolas to of me argentina signed a fifty billion dollars standby deal with the i.m.f. in june with first installments do inside a few months but to have any says it needs help sooner and that without an urgent financial injection the country will be bankrupt within weeks. when we were. talking with the fund about how to continue advancing so that the impact of all the support that the international community has given to us when we close the agreement in june. can be transformed into an improvement of argentina's fiscal indicators. in. the i.m.f. says progress has

most argentineans are used to saving and now it's their government's turn the number of ministries is set to be slashed by more than half but the president says there is still hope that it will. remain in these few months all the storms were unleashed at the same time but that's no reason to lose hope we must make sure as a society and not continue living above our means nor continue living with corruption. but not everyone shares his optimism last week after president announced that he was requesting earlier payouts from the i.m.f. bailout fund the peso continued its downward slide. argentina's problems are mounting fast a dramatic drought has decimated this year's harvest and the country's key export partner brazil is mired in a recession a strong dollar is siphoning off investors in the country's shaky peso compounding the problems. intervention by the cut. the central bank to shore up the pay so has proved powerless last week that bank the key lending rate to sixty percent and expense of credit could now dash the hopes for a speedy recovery argentinians are already struggling with

an argentinean is go on strike to protest sharples thirty measures that the government says a needed to get international support for the ailing economy. this is a business as welcome a big day for business leaders in germany they are gathered for their annual meeting in berlin where they have the ear of the german chancellor to express their concern. was asked by the leadership of the federation of german history to swiftly address tax and financial policy to avoid a slowing down of euro zone's larger the euro zone's largest economy germany's economy remains boy but concerns are mounting about political stability at home and threats to growth abroad including britain's caution from the e.u. next year and threats to global trade. correspondent stephen busy is at that conference here in berlin stephen the chancellor just spoke did she have anything to offer to ease the worries of business leaders. i think she she made a point of addressing a lot of their particular concerns at least by topic she highlighted such things as staying ahead electric autos are trying to keep pace with china

for more urgent emergency assistance the argentinean economy is just one step from the of business. is a state of your business as well come why a car the bavarian firm specialized in online payments is set to nudge germany's second biggest lender commands bank out of the blue chip dax index today is the latest sign of plucky fin takes out shining traditional banks why a card makes software for cashless and consequence payments the company actually started up processing card payments for gambling in panola few websites and now some of the biggest games names rather in the business are using its services. but munich airport chinese travelers are known as an avid buyers of luxury goods just before departure. since recently they've also been able to pay with early pay or we chat chinese payment systems. this watch merchant process is the transaction through the wire card company. germany's why a card takes a one point six percent commission for the service. on the phone thanks to begin with it looks relatively easy and all the trader has to do is integrate a little software like that y

major moves in different pairs argentinean pace eso has been a focus,less the lira.ency pair is 1.2% weaker speaking of the lira, we have remarks out of fitch, the rating agency fitch downgraded turkey back in july from double b plus to double b with a negative outlook. this morning they say turkey faces lower growth and a lengthy forced adjustment in the future. they say they expect tougher external conditions and tighter domestic policies to remain. they say while they see growth recovering somewhat in 2020, gdp this year will be lower than initial expectations >>> roger federer has made a shock exit from the u.s. open after losing in four sets to the unseeded australian, john milman it was a very long match adam reed joins us now >> we were up at the right time to see all this unfold it's the first timeroger federer has lost at a grand slam to a player outside of the top 50 milman said after that he was in disbelief. i think you can tell that by his reaction doesn't know what to make of what he just achieved. it does ruin slightly the idea that federer would be pl

the argentinean raised rates to 60%. that so rrency to do .or this on the two the same thing. how big a risk in the world is emerging rocket risk right now? >> we're likely to see deappreciation of the young cup sis. not only because of extreme situations where they refuse to raise rates but more because the global business cycle is going down. the fed is tightening. and there will be an outflow. in addition to that it's quite concerning that the u.s. stands on russia and turkey on sanctions has been extremely aggressive. you're likely to see further meaningful debreerks potential significant in the whole region. unfortunately, the situation remains very, very difficult. >> that remains difficult. i reated -- but i got this imagine live. this is correlation between dollar and emerging rockets. this is a very viralent correlation. do you. >> yes, unfortunately, i mean, there is a sort of a lining. which food especially on thrift. quite pivetafment which at this stage is the most important factor for the lira and generally for their performance.

one of them is argentinean asset -- this is the argentinean friday. here's the peso also from friday and the turkish lira. some of that emerging markets written loss across the g.m.m. the argentines are very much in focus. we're going to hear from their president. he is on his way to washington. he's going to have a meeting with the i.m.f. guy, good morning. guy: we have confirmation of a story. in fact, it's been knocking around for a little while longer than that. w.p.p. confirming that mark red is going to be the new c.e.o. he's going to be taking over where they left off. he is known as an enabler. it will be interesting to see how they are circling. i expect they're about to be looking at that headquarters. i expect there are some changes underfoot at w.p.p., following martens' departure. let's talk about what we've seen overnight. the dollar holding on to its recent rally. investors assessing the outlook for trade whether turmoil and some emerging markets can be contained. u.s. markets are closed today. it is labor day. the americans are enjoyin

the argentinean prevail you know. so resembles a landscape the country's legendary pumpa. to praise homage to the vast expanse that allows nature human beings in built up areas to co-exist side by side with equal right. to be another always emphasizes the need for sustainability and making use of local resources discolored and bam boom balder can made by vietnamese designers fits perfectly with that concept in fact throughout the exhibition there is a noticeable lack of standard materials such as glass steel and concrete. use filigree wooden ladders set in the middle of an asian fark is actually a christian chapel commissioned by the vatican it's the work of british architects or norman foster one of the few big names involved in the vienna foster loves the location out in nature this is a deliberate ambiguity to trade big and close but also being aware of all of this for all the beautiful side. foster was one of ten architects commissioned by the vatican to design a chapel here on the venetian island of sun joint german joining. the twenty eight team venice be anon or pro

argentinean president maury c.e.o. machree has reached an agreement with the international monetary fund to accelerate delivery of an augmented bailout package that now totals fifty seven billion dollars i.m.f. managing director christine lagarde called the package the biggest loan in the history of the i.m.f. she also said the i.m.f. effort to intervene in argentina is just beginning let's take a listen to what she had to say this week in argentina. who can. see no. progress. in putting together. in the deal the macro administration agree to spending more spending cuts to balance the national budget in twenty nineteen a year ahead of previous plans and to run a one percent surplus and twenty twenty the market ministration also agreed to adopt a floating exchange rate on their badly battered economy and that the argentine central bank would only make a limited intervention in the case of what ms la garde called extreme overshooting of the exchange rate the agreement is already controversial given argentine history the

argentinean president merissa machree has reached an agreement with the international monetary fund to accelerate delivery of an augmented bailout package that now totals fifty seven billion dollars i.m.f. managing director christine lagarde called the package the biggest loan in the history of the i.m.f. she also said the i.m.f. effort to intervene in argentina is just beginning let's take a listen to what she had to say this week in argentina. remains committed to. you know who the. places the log. program. is putting together. in the deal machree administration agreed to spending more spending cuts the back.

reforming the economy but opposition figures say the government has its spending priorities wrong argentinean's former president has appeared in court on money laundering charges cristina kirchner posted her court statement on twitter saying officials wouldn't be able to prove the charges because she would never accept illicit money on monday she was charged in a separate case in which she's accused of taking millions of dollars in bribes and exchange for public works contracts the judges asked for her parliamentary immunity to be lifted so she can be detained it's time for the sports news with peter thank you very much the champions league group stages kicked off and five times winners barcelona are all for marco the winner of a dutch club p.s.v. eindhoven legal missy's have trick helping bosses to a convincing. victory in the lights of the group b. game into school two goals in the last four minutes to be taught them to one coming up next former winners brasier dalton's outlets are going to do it and if the porter will be in action and then there's the knights headline fixture between little

the troubles of the argentinean and the turkish turkish currencies are roiling markets worldwide this week the argentine peso plunged twelve percent to a record low on thursday also on thursday the argentine central bank raised interest rates to sixty percent sixty percent oh my gosh even that failed to stop the slide of the peso the recent fall of the peso was ignited after president machree of argentina made a plea on you tube to the international monitor.

most argentineans are used to saving and now it's the government's turn the number of ministries is set to be slashed by more than half but the president says there is still hope it a way through thought on them and in these few months all the storms were unleashed at the same time in the city but that's no reason to lose hope we must mature as a society and not continue living above our means nor continue living with corruption. but not everyone shares his optimism last week after president announced that he was requesting earlier payouts from the i.m.f. bailout fund the peso continued its downward slide. argentina's problems are mounting fast a dramatic drought has decimated this year's harvest and the country's key export partner brazil is mired in a recession a strong dollar is siphoning off investors in the country's shaky peso compounding the problems. intervention by the country's central bank to shore up the pay so has proved powerless last week that bank the key lending rate to sixty percent and expensive credit could now dash the hopes for a speedy recovery argentinians are al

and just before we went to air came news that the argentinean economy minister has presented an austerity plan to congress which he said could if approved get rid of the budget deficit for the next year the plan would reduce transportation energy subsidies and increase export taxes the plan is also seen as an effort to soothe investor concerns and importantly the international monetary fund which is considering assisting the troubled nation with a loan and credit. package time now for a quick break but hang here when we return as the u.s. china trade war enters a critical countdown agriculture remains one sector already feeling some pain as a trade deal with china seems doubtful in the short term fred kaufman author of bet the farm joins us to discuss plus there is a new research and on robotics arches rachel blevins looks at the global robotics future and how some fear the robot we back in a flash. what politicians to do something to. put themselves on the line they did accept it or reject. so when you want to be president and she. wanted. to go on to be the first this is what the before

argentinean president marie c.-o. machree has reached an agreement with the international monetary fund to accelerate delivery of an augmented bailout package that now totals fifty seven billion dollars i.m.f. managing director christine lagarde called the package the biggest loan in the history of the i.m.f. she also said the i.m.f. effort to intervene in argentina is just beginning let's take a listen to what she had to say this week in argentina. who can. see no. progress. in putting together. in the deal the macra administration agreed to spending more spending cuts to balance the national budget in twenty nineteen a year ahead of previous plans and to run a one percent surplus and twenty twenty the mecca of ministration also agreed to adopt a floating exchange rate on their badly battered economy and that the argentine central bank would only make a limited intervention in the case of what ms la garde called extreme overshooting of the exchange rate the agreement is already controversial given argentine history t

search is underway for the missing in the wake of time for a man caught in the philippines a former argentinean leader is charged with corruption we take a look at the political future of christina cash and one of europe's top amateur female golfers has been met it on the course you know here with the details in scripts. north korean leader kim jong un says he wants to produce a big outcome during three days of talks with south korea's president when j. in it's the first time a south korean leader has traveled to pyongyang in more than a decade kim treated monday into a special concert after spending the day discussing north korea's nuclear program as rob mcbride reports from seoul moon's visit was a carefully choreographed africa. if talks over north korea's nuclear stockpile were in trouble you wouldn't know it from the smiles and hugs. the third meeting between north korea's kim jong un and moon jay end of south korea and the warmest so far. a full on a god and equal providence given to the flags of north korea and the blue flag of a review unified korean peninsula. the last meeting between

and international studies at work university and he joins us from the now what's happened to the argentinean economy of the past year. well it's been caught in a really difficult period where maku finds himself sort of sandwiched between demands on the domestic side which are for higher wages and argentine is a large state sector for avoiding the increase in taxes which now looks like it's coming in on the agricultural sector and and on the international side from investors who have really little faith in the argentine economy mockery was elected is someone who is seen as a competent manager an economic manager from the rights and there have been reasons to doubt that and so the current crisis is really a crisis of confidence in many ways absolutely and the big question of course is can. fix it and if he can at what cost to his own political career. that's right he faces elections in about a year and a lot of the measures that would make international investors happier such as very high interest rates we now see sixty percent interest rates in argentina or domestic austerity which there's al

on the former argentinean leader charged with corruption we take a look at the political future of christina kushner. from. the winds to an enchanting breeze. hello there we've got very stormy weather across the northwestern parts of europe at the moment we've got several areas of low pressure that are all making their way across the northeastern parts and as we head through the next day or so we're going to see the weather go downhill so very wet and windy for some of us on choose say some particularly lively showers over parts of ireland and then as that works its way eastwards we'll see a period of heavy rain for wednesday and the winds will be even stronger so very stormy here over the next few days elsewhere though there's plenty of sun trying to be found it is still relatively warm in berlin and warsaw but seeing temperatures up around twenty seven degrees for the south though we've still got the thunderstorms some of those over the alps and also quite a few over parts of the mediterranean with italy seeing quite a few of those are actually linked to what's going on a bit further south

i mean, one of the stereotypes is that argentineans are too proud, that they're full of themselves.ge in this country? i mean, this is the kingdom of doubt. >> francis: you know, my kids have been to the shrink since they're eight for a year or two. just, "yeah, oh, we'll go to the shrink and talk to someone who you don't know." >> anthony: right. >> francis: "with whom you can say whatever you want." i did it myself a couple of years when i was 30. >> anthony: i mean, it's an extraordinary thing because in many cultures to confess that you need to even confide in someone is seen as a sign of weakness. here everybody does it and in no way frown upon it. >> francis: mm-hmm. >> anthony: it's kinda cool 'cause i could use, i could, really, i could use somebody. i, i need somebody to talk to. >> francis: have you ever done it? >> anthony: um -- ♪ i was a teenager. my parents caught me with drugs and as part of the deal to, uh, stay out of, uh, uh, stay out of trouble i, i saw a therapist briefly. >> anthony: meet marina, my therapist. argentina has the distinction of being home to more

how to continue with the current situation but what's difficult is for the argentinean population for workers especially inflation is the biggest problem people on the streets are facing right now the government was hoping that inflation desir was going to be between fifteen and twenty percent while now they're saying that because of this evaluation it is going to be a wrong thirty five percent or even forty percent so you can imagine for those workers who are really really negotiating their salaries for these year vets the biggest warry for those on the streets who are struggling every day to make ends meet they don't know exactly whether they're going to be able to make ends meet this year very worrying times there in argentina three savoy one is irish there is a thank you. there's been international condemnation of the myanmar's court's decision to jail two journalists from the reuters news agency while lol and were found guilty of possessing state secrets and sentenced to seven years in prison they were arrested in the center as they investigated a mass killing over a hinge of mus

even millions in poverty the world bank calculates that nowadays twenty eight per cent of all argentineans live in poverty within their arms reporting from what is i think it's a much. and staying with the economic woes in latin america the united states is increasing pressure on venezuela's president nicolas maduro by imposing new sanctions on his wife vive was the vice president and two other close associates now u.s. president on trump said the world was witnessing a human tragedy the country with venezuela's socialist economy wrecked by hyper inflation and crippling shortages of everyday goods thousands of people are fleeing into neighboring countries every day. it's an almost unstoppable flood of people the exodus from venezuela has so far seen around two million people flee the country taking grave risks almost always on foot with starvation only a few paces behind. horrible because we're really dying of hunger everything was difficult for us there's no medicine no food nothing. at all venezuelans i thinking of leaving to search for stability but we find ourselves in other places in

media to once they might request a lot of more and more spin the impact of this economic crisis on argentinean politics theresa. well it's definitely will have to see whether the government is able to control a run on the currency and a run to the banks which is basically what happened back in two thousand and one when the big economic crises here happened in argentina and left around sixty percent of the population in poverty vis of course in the current situation of course causes lots of tension not only on the streets with the labor unions who are demanding salary increases within the ruling cause. lucian's because there's lots of discrepancy within the coalition itself but also about what will happen in argentina elections are expected to happen in one year and all of you see the current crises have the terri rated market is the image and we'll have to see how well he does when election time comes thank you for forest in buenos aires well let's not get the view of collin harding who's a south america analysts and is the director of the consultancy latin for his rise from manchester in the