financial crisis right way have you know you're relying on data that is not very well defined like the g.d.p. number of the gross domestic product number is. notorious for being very opaque and it doesn't really give a picture that you can draw any definitive conclusions from it that's true of almost every number that's produced by the government because it behooves them to control the data because the data controls the algorithms and the indexes and things like the vix volatility index if you can manipulate the vix felt guilty index you control the market effectively and if you can do that using species you know very spurious data you know it's in your it's in your it's in your to advantage to do so is a sustainable well i would say no it's not sustainable you know ok so they're looking at the real data and they are using one of. barack obama's former economic advisors to say this business investment has slowed investment in the real economy is down but how did the economy grow by three point two percent if all those numbers are down and consumer spending is down investment cap ex is down where did

you're relying on data that is not very well to find like the g.d.p. number of the gross domestic product number is notorious for being very pale and it doesn't really give a picture that you can draw any minute of implosions from a that's true of almost every number that's produced by the government because it behooves them to control the data because the data controls the algorithms and the index. to international memorial awards twenty nine see the now open for entries the media professionals are eligible whether you are a freelance journalist work full terms of media or part of a global news conference to participate in published works and video. go to award dot altie dot com and into the. welcome back the malaysian attorney general has approved the extradition of a former managing director at goldman sachs to the united states to face charges including three three counts of money laundering in the one m.t.b. corruption case. granting a request from the u.s. department of justice that managing director at goldman chong was known to english speakers as rog

job in g.d.p. numbers are showing surprising strength steve malzberg will be here to dive into the details and over is facing a class action lawsuit from australian cab drivers who say the right ride to healing service put them out of business by breaking the law alex and hell of it will be here to discuss the latest of several global pushback efforts against the dominance of right ailing startups and rick rule c.e.o. spot u.s. holdings will be here to discuss the latest moves in global oil markets all of that directly ahead but first let's have some headlines. a major move by soft bank leads our global report again today as a soft bank group considers an initial public offering for the one hundred billion dollars soft bank vision fund the wall street journal reports the plans were an i.p.o. are the result of soft banks efforts to keep pace with the deal making done by soft bank founder and c.e.o. masayoshi solomon the journal reports mr sloan found enough investment vehicles to utilize the vision fund vis

be relying on data that is not very well to find like the g.d.p. number of the gross domestic product number is notorious for being very opaque and it doesn't really give a picture that you can draw any minute inclusions from a that's true of almost every number that's produced by the government because it behooves them to control the data because the data controls the algorithms and the indexes. the remains of all forty one people killed after a russian plane burst into flames that during an emergency landing in moscow have now been recovered from the crash site a twelve year old girl and the flight attendant who died helping passengers escape the inferno are among the victims. investigators are currently looking at three possible causes of the tragedy pilot error system malfunction and bad weather. we focused on the real politics russia's foreign minister sergey lavrov holds talks with the u.s. secretary of state might calm peo saying he's found no support for any military intervention in venezuela including among the american officials.

you're relying on data that is not very well to find like g.d.p. number the gross domestic product number is notorious for being very opaque and it doesn't really good. picture that you can draw any minute inclusions from a that's true of almost every number that's produced by the government because it behooves them to control the data because the data controls the algorithms and the indexes. after the previous stage of my career was over everyone wondered what i was going to do next the ball different clubs on one hand it is logical to go home fields where everything is familiar on the other i want to the new challenge and the fresh perspective and i'm used to surprising us all why not if you think. i'm going to talk about football not for you or else you think i was going to go. by the way what is it that slider here. is fifty years old and has three children that she is raising by herself. to feed her family she collects plastic on the beach. but the best i have our support is not a plumber told herself a little company to pay when you are. a little to

to rely on data that is not very well to find like g.d.p. number of the gross domestic product number is notorious for being very opaque and it doesn't really give a picture that you can draw any minute inclusions from a that's true of almost every number that's produced by the government because it behooves them to control the data because the data controls the algorithms and the indexes. dream agreed to pretty much almost remember that it was most of the family were working. there wasn't it was been you know much worse objectively. but there was an expectation of the things you're going to get better. there was a real sense of hopefulness there isn't today two days america where shape my the ten principles of concentration of wealth and power. reduced democracy attack solo do no. engineer elections manufacture consent and other principles according to. one set of rules for the rich. that's what happens when you put her into the. character of will switch who is dedicated to increasing power virtue is just as you'd expect one of the most influentia

you're relying on data that is not very well to find like g.d.p. number of the cross domestic product number is notorious for being very paved and it doesn't really give a picture that you can draw any conclusions from a that's true of almost every number that's produced by the government because it behooves them to control the data because the data controls the algorithms and the index. when the first century both of these. elements. and at the moment do it isn't to people who would like to interact to which is happening to individuals and using their judges through facebook through to another interacting with political events and just think it's going to. be seeing the results. this is our international people have been injured in a school shooting in colorado with several of them in critical condition according to the latest information no fatalities are reported as of yet the incident happened in a suburb of denver in the u.s. state of colorado now the school is reportedly attended by nearly eight hundred students police say two people are in custody

you're relying on data that is not very well to find like the g.d.p. number of the gross domestic product number is notorious for being very pale and it doesn't really give a picture that you can draw any minute implosions from a that's true of almost every number that's produced by the government because it behooves them to control the data because the data controls the algorithms and the indexes. both when the first century both of. them some elements. and the moment do it isn't to the same people who would like to interact which is happening to. their judges through facebook through to another or interacting with me but it's a good thing it's going to. be seeing the results. hello and welcome to cross talk we're all things are considered i'm peter le beau the activity known as journalism is under assault and it didn't start with the trials of julian assange and wiki leaks once it was a noble op to report on the various activities. of those in power now it is being criminalized free speech is now the privileged few. across talking journalism i'm joined by m

you're relying on data that is not very well to find like g.d.p. number of the gross domestic product number is notorious for being very pale and it doesn't really give a picture that you can draw any better implosions from a that's true of almost every number that's produced by the government because it behooves them to control the data because the data controls the algorithms and the index. twenty minutes past two pm here in moscow welcome back the u.s. president has threatened to ratchet up tar if some hundreds of billions of dollars worth of imports from china the latest escalation in the tree war between the world's leading economic powers comes ahead of high level talks between washington and beijing aimed at ending the conflict with more on the story high risk negotiating tactics here's caleb maupin. we're over two years into the presidency of the great deal maker mr era fired himself donald trump and it seems he's operating with the my way or the highway strategy these are his latest comments on china. the trade deal with china continues but too s

you're relying on data that is not very well to find like g.d.p. number the gross domestic product number is notorious for being very. it doesn't really give a picture that you can draw any minute implosions from a that's true of almost every number that's produced by the government because it behooves them to control all the data because the data controls the algorithms and the index. dream agreed to pretty much almost remember that it was most of the family were unemployed working. there wasn't it was been you know much worse objectively today but there was an expectation that things were going to get better. there was a real sense of hope. to do two days america where shape my the turn principles of concentration of wealth and power. reduce. democracy attacks. engineer elections manufacture consent and other principle according to. one set of rules for the rich. that's what happens when you put her into the. will switch which is dedicated to increasing power for chills just as you'd expect one of the most influential intellectuals of our time speaks ab

be relying on data that is not very well to find like g.d.p. number of the gross domestic product number is notorious for being very opaque and it doesn't really give a picture that you can draw any minute inclusions from a that's true of almost every number that's produced by the government because it behooves them to control the data because the data controls the algorithms and the index. greetings and sally you take it. it's may talk watchers and now that spring has sprung here in the united states of america allergy season is in full gear. chew those terrible at you and while for most of us that means a little sneezing some watery eyes maybe even the chinos or two but for the boys on team trum spring allergy season brings a sudden onset of well trigger fingers because this weekend we saw both u.s. national security adviser john bolton and u.s. secretary of state mike pump aoe put their allergy to peace and common sense on display as they bang the drums for war with both iran and venezuela mr bolton declared to reporters on sunday evening that the

you're relying on data that is not very well to find like the g.d.p. number of the cross domestic product number is notorious for being very opaque and it doesn't really give a picture that you can draw any minute implosions from a that's true of almost every number that's produced by the government because it behooves them to control all the data because the data controls the algorithms and the index. in twenty four to you know bloody revolution to the demonstrations going to be relatively peaceful political protests to be creasing the violent revolution is always spontaneous or is it still or here i mean your list put video through in the new bill is that i mean you split needle the former ukrainian president recalls the events of twenty four. of those who took boat had invested over five billion dollars to assist ukraine in these and other goals that will ensure a secure and prosperous and democratic. but when the first century both of. them some elements of the and at the moment you it isn't a thing people would like to interact to which is happening to t

you're relying on data that is not very well didn't find like g.d.p. number of the gross domestic product number is notorious for being very opaque and it doesn't really give a picture that you can draw any minute inclusions from a that's true of almost every number that's produced by the government because it behooves them to control the data because the data controls the algorithms and the index of. business is a pretty this sort of the world to see whether it's just good bloody. good you would be you the money would be needed it wasn't i go to the. moon is its appeal to. the giddy of that all laong solicit the good it would put me on the net if there is a liberal still it was definitely on the ball. and up well it was pretty good way to listen to. which i don't think. i. hear do you mean you're learning. from i looked up from her during the. summer. when the first century both of. them saw elements. and at the moment it is entertaining people would like to see interactive t.v. which is happening to the individual and so on you'll see it there until i just

find like g.d.p. number of the gross domestic product number it is notorious for being very full pay and it doesn't really give a picture that you can draw any minute inclusions from a that's true of almost every number that's produced by the government because it behooves them to control the data because the data controls the algorithms and the indexes. this is a pretty this sort of goal to see whether it's just pushed muddy. who would be the money would be needed it wasn't a group of the. losing is its appeal is a couple of the guilty of that all laong solicitor going to bring in the management of that it's a little bit still a study in that you'll. enough well it was pretty clear way that was a. kind of what you stated which could. be done long ago. i thought. here i do you mean you're learning. the lead here so my looked up from lute subash i did in the clue which are preferred america. or do. it.

you're relying on data that is not very well to find like g.d.p. number of the gross domestic product number is notorious for being very pale and it doesn't really give a picture that you can draw any minute inclusions from a that's true of almost every number that's produced by the government because it behooves them to control the data because the data controls the algorithms and the indexes. of. the remains of all forty one people killed after a russian plane burst into flames during an emergency landing in moscow have now been recovered from the crash site a twelve year old girl and a flight attendant who died helping passengers to skate the inferno were among the victims best to gauge as a company looking at three possible causes of the tragedy pilot error system malfunction and what. we focused on real politics russia's foreign minister sergey lavrov holds talks with the u.s. secretary of state. saying he's found no support for any military intervention.

you're relying on data that is not very well to find like g.d.p. number the gross domestic product number is notorious for being very opaque and it doesn't really give a picture that you can draw any minute inclusions from a that's true of almost every number that's produced by the government because it behooves them to control the data because the data controls the algorithms and the indexes. but what if the so did john to really had decided to change a few months ago upon launching its program for a world without waste the company announced a set of very ambitious measures to resolve the plastic pollution problem for coca-cola the solution is recycling the concept is simple. collect used bottles to make new ones out of them. coca-cola promises to put fifty percent recycled plastic in its bottles by twenty thirty and that's on a global scale. is absolutely doable there's a model there for the china's a lot of holes in the world on how to create value out of plastic and get it we used. of course that would be great news. but with all that we have learned

job in g.d.p. numbers and those signals seem to be pushing oil higher today alongside and of the waivers of course in this deflated coup attempt this week in venezuela are those factors enough to hold prices up for a while or or are they even the factors that we should be watching if we want to know where oil is headed. you know i think that's a very interesting question which is a long way of saying i don't know my suspicion is that the cure for high prices as high prices and the cure for low prices is low prices the truth is again the venezuelans are our own worst enemy not sanctions venezuela's ability to export oil like mexico's ability to export oil has had a lot to do with the lack of sustaining capital investments war more that than to do with politics i would also point i'm not an economist i'm a credit analyst but i would also point to the fact that a lot of oil pricing has to do with the strength of the global economy we have been in a nine year economic recovery in my forty years of experience a

you're relying on data that is not very well to find like g.d.p. number of the gross domestic product number is notorious for being very opaque and it doesn't really give a picture that you can draw any minute inclusions from a that's true of almost every number that's produced by the government because it behooves them to control the data because the data controls the algorithms and the index. what is it calling the coin is magic and the new type of digital currency essential lies digital scarcity chancellor. of second for bankers call the genesis blog for reason civil disobedience a source of optimism because i can control my own financial destiny it's just a new way of coming to consensus it's a game changer in the human history this is columbus discovering a new world this paradigm shifting technology that transforms economics and finance in a heartbeat the apollo eleven landing on to the next and stacy. in twenty four to you know bloody revolution to. the demonstration going to be relatively peaceful political protests to be creasing the violent revo

you're relying on data that is not very well to find like the g.d.p. number of the gross domestic product number is notorious for being very pale and it doesn't really give a picture that you can draw any minute implosions from a that's true of almost every number that's produced by the government because it behooves them to cook. all the data because the data controls the algorithms and the index. when the first century. elements or the end of the moment or it isn't a people would like to interact which is happening to individuals are using their judges through facebook through to another interacting with the good think it's going to. from those seeing the results. welcome back to crossfire all things considered i'm peter lavelle reminder we're discussing world war two. ok let me go back to a point that you mentioned before we went to the break oh this is the in history in memory of the second world war can be used to unify and it also can be used to define divine in the in the case of ukraine it is creating divisions and in a way and i think in a very. poor

be relying on data that is not very well to find like g.d.p. number of the gross domestic product number is notorious for being very opaque and it doesn't really give a picture that you can draw any minute conclusions from a that's true of almost every number that's produced by the government because it behooves them to control the data because the data controls the algorithms and the index. dream agreed to pretty much almost remember there was most of the family were unemployed working. there wasn't it was been you know much worse subject to listen today but there was an expectation of the things you're going to get better. there was a real sense of hope. there isn't to do two days in america where shade my the turn principles of concentration of wealth and power. reduced democracy attack solo do no engineer elect. manufacture consent another principle according to. one set of rules for the rich. that's what happens when you put her into the. will switch who is dedicated to increasing power for two just as you'd expect one of the most influential int

you're relying on data that is not very well to find like g.d.p. number of the gross domestic product number is notorious for being very opaque and it doesn't really give a picture that you can draw any minute inclusions from a that's true of almost every number that's produced by the government because it behooves them to control the data because the data controls the algorithms and the index. position will go through a period of sort of the old i suppose the first first lady. who would be you know well the money would be needed it was my job to the. losing is its ability to supplement good enough i mean you know that all you want to solicit they're going to bring on the net of that it's a little bit still it was five minute you'll know paul. went up well it was pretty good way to lose a. little bit of what used to do which can go over them with a gun when i come in. here do you mean your money you know did you storm the lead here so my look go from mood subversion to doing the clue that you're coconspirators some are good one. though. going to. be meeti

you're relying on data that is not very well to find like the g.d.p. number of the crossed domestic product number is notorious for being very pale and it doesn't really give a picture that you can draw any minute inclusions from a that's true of almost every number that's produced by the government because this moves them to control the data because the data controls the algorithms and the index. this is a pretty the sort of the will to see whether it's first bloody. well the minute i knew that it was my group of. losing is its ability. to get enough. they're going to bring in the man at the justice said he was god feeling you'll know paul. enough well it was pretty good way to lose a. little bit of what you still do which could go over them with gentle hug but i know many. here do you really mean you're learning your own good you'll sort of storm the lead here some i looked up from mood subversion are doing the clue a trick of crime story snyder. for headline stories this hour the kremlin reveals validates laying the groundwork for possible talks between th

you're relying on data that is not very well to find like the g.d.p. number of the gross domestic product number is notorious for being very opaque and it doesn't really give a picture that you can draw any minute inclusions from a that's true of almost every number that's produced by the government because it behooves them to control the data because the data controls the algorithms and the index. position folks go through a period of sort of goal to see whether the fifth floor is flooded. who would be you know well the money would be needed it was my go to the well the film. losing is its appeal to supple of a good enough at him you know that all you want the solicitor going to bring in the man i'm interested in said lucas a little study in that you'll know paul. went up well it was pretty good way to lose a. little bit of what you still do which could be oh i would only be done. with i come. here do you mean your money you know did you sort of storm the lead here sort of my look go from mood subversion to doing the clue to your coconspirators some are goin

fine like g.d.p. number of the gross domestic product number is notorious for being very opaque and it doesn't really give a picture that you can draw any tentative conclusions from a that's true of almost every number that's produced by the government because it proves that you control the data because the data controls the algorithms and the index. green agreed to print. must remember that it was. working. there wasn't it was being you know much worse. but there was an expectation that things were going to get better. there was a real sense of. there isn't today today's america where shaped by the ten principles of concentration of wealth and power. reduce democracy attacks. engineer elections manufacture consent and other principle according to. one set of rules for the rich. that's what happens when you put her into the. will switch who is dedicated to increasing power for just as you'd expect one of the most influential intellectuals of our time speaks about the modern civilization of america. welcome b

job in g.d.p. numbers are showing surprising strength steve malzberg will be here to dive into the details and over is facing a class action lawsuit from australian cab drivers who say the rate rider healing service put them out of business by.

credibility i don't think that we can trust what the numbers are i've been raising questions about the g.d.p. numbers ever since they've revised. the detail back in 2015 so yeah it's a very hard fix to know at this point as to what exactly does this country is growing at but here the fact is that the country's per capita income is still very low only $2000.00 for a head and from that very low b. is you can grow relatively rapidly but the exact growth street is just not something that we can sort of have any confidence in and i think that everyone has given up trusting the office numbers one of the biggest challenges for the government will be sorting out the debt laden banks what are your thoughts on that yeah you know this is one of the sort of. concert recommendations that i keep making but it's sort of like is obviously of no obvious which is the fact that the share of the public sector banks in the indian banking system is amongst the highest for any country in the war is over 2 thirds of all the laws in india's banking system are provided by the state or in banks it is the average across the dev

job in g.d.p. numbers are showing surprising strength steve malzberg will be here to dive into the details and hoover is facing a class action lawsuit from australian cab drivers who say the right ride to healing service put them out of business by breaking the law alex mccaleb it will be here to discuss the latest of several global pushback efforts against the dominance of rider hailing start ups and rick rule see the old spot us holdings will be here to discuss the latest moves in global oil markets all of that directly ahead but first let's have some headlines. a major move by soft bank leads our global report again today. as a soft bank group considers an initial public offering for the one hundred billion dollars soft bank vision fund the wall street journal reports the plans for an i.p.o. are the result of soft bank's efforts to keep pace with the deal making done by soft bank founder and c.e.o. masayoshi solomon the journal reports mr sun found enough investment vehicles to utilize the vision fund v

credibility i don't think that we can trust what the numbers are i've been raising questions about the g.d.p. numbers ever since they've revised. the deja back in 2015 so yeah it's a very hard fix to know at this point as to what's the exact create that this time she is growing at but here the fact is that the country's per capita income is still very low only $2000.00 for a head and from that very low b. is you can grow relatively rapidly but the exact growth street is just not something that we can sort of have any confidence in and i think that everyone has given up trusting the officer numbers one of the biggest challenges for the government will be sorting out the debt laden banks what are your thoughts on that yeah you know this is one of the sort of. concert recommendations that i keep making but it's sort of like is obviously of no obvious which is the fact that the share of the public sector banks in the indian banking system of is amongst the highest lennie country in the war is over 2 thirds of all the laws in india's banking system are provided by the state or in banks it is the average a

fine like g.d.p. number of the gross domestic product number is notorious for being very pale and it doesn't really give a picture that you can draw any minute from a that's true of almost every number that's produced by the government because of them to control the data because the data controls the algorithms and the index. in twenty forty you know bloody revolution of you tube clip the demonstrations went from being relatively peaceful political protests to be creasing the violent revolution is always spontaneous or is it just always i mean your list put the word through in the neighborly is are you still in need of the former ukrainian president recalls the events of twenty fourteen and those who took out of invested over five billion dollars to assist ukraine in me is another goal that will ensure a secure and prosperous and democratic. in the. film begins in hawaii in the middle of the pacific ocean in spite of the island's remote location it is also foreman that day and to the epidemic of the twenty f

credibility i don't think that we can trust what the numbers are i've been raising questions about the g.d.p. numbers ever since they've revised. the data back in 2015 so yeah it's a very hard fix to do at this point as to what exactly does this country is growing at but here the fact is that the country's per capita income is still very low only $2000.00 for a head and from that very low b. is you can grow relatively rapidly but the exact growth street is just not something that we can sort of have any confidence in and i think that everyone has given up trusting the office numbers one of the biggest challenges for the government will be sorting out the debt laden banks what are your thoughts on that yeah you know this is one of the sort of. constant recommendations that i keep making but it's sort of like is obviously of no obvious which is the fact that the share of the public sector banks in the indian banking system is amongst the highest for any country in the world of a to a 3rd of all the laws in india's banking system are provided by the state or in banks it is the average across the develop

g.d.p. number and it doesn't look good for q 2 or any of the quarters probably they're after but when the fed goes back to 0 when they launch q e 4 which will be bigger than the 1st 3 combined in fact if you look at the size of the federal budget deficits that now the government is borrowing almost a trillion and a half per year and the recession hasn't even started yet which means when we go into recession you can expect 3 trillion dollars per year budget deficit so i mean that's going to require the mother of all q we used to monetize and when the fed has to do that nobody is going to believe it's temporary nobody is going to believe they'll ever be able to shrink that balance sheet nobody is going to believe they'll ever be able to normalize interest rates and as inflation really starts to pick up which is exactly what it's going to do during the next recession as the dollar weakens 7 you're going to see stagflation and that's going to result in a dollar crisis now one of your former neighbors u

like a difficult, uphill battle frankly for most democrats just given history in terms of these g.d.p. numbers and income ben is i and the numbers that economies economists looked at. >> i think you are absolutely right. this is going to be an uphill battle. that's why these candidates on the democratic side are operating in the marketplace of ideas. but, here's also the reality. despite these very strong economic markers, americans are still struggling financially. and so whichever democratic candidate is able to connect with voters on the fact that most of them are living paycheck to paycheck on the fact that most of them don't want their children going in to massive debt just to go to college. >> martha: jehmu, that may be. that message will cut through these economic markers. >> martha: we will see. the quinnipiac poll 71% of the people they talk to say the economy is good or excellent. it's the highest that the quinnipiac poll of this marker has ever been in the 18 years of polling. so andy puzder. what jehmu may be saying may be true for some people and certainly you want to lift all boa

credibility i don't think that we can trust what the numbers are i've been raising questions about the g.d.p. numbers ever since they've revised. the data back in 2015 so yeah it's a very hard fix to do at this point as to what exactly does this country is growing at but here the fact is that the country's per capita income is still very low only $2000.00 for head and from that very low b. this you can grow relatively rapidly but the exact growth street is just not something that we can sort of have any confidence in and i think that everyone has given up trusting the office numbers one of the biggest challenges for the government will be sorting out the debt laden banks what are your thoughts on that yeah you know this is one of the sort of. concert recommendations that i keep making but it's sort of like is obviously of no obvious which is the fact that the share of the public sector banks in the indian banking system is amongst the highest for any country in the world of a to a 3rd of all the laws in india's banking system are provided by the state or in banks it is the average across the developi