on a mystery know nothing about capitalism i know a lot about a blackboard model that i call capitalism which is bears no resemblance to the real thing this solution was to boost consumption is what they call the wealth effect and the wealth effect was to make shares go off in value and that property go up in value and then. would feel wealthier and spend more of the trouble is they doing the people and not putting him down to people with the wealth of bill gates and bill gates might buy one and soon have elements of vinci's koda but he doesn't go shopping it came out and that's what you need to get the man going up and it's the poor have got to direct the spending so so he had a capitalist process that he produced inequality and then the response of the managers made that inequality worse michael didn't the whole point of the program oh i don't like the word transfer of wealth the only kind of transfer of wealth that is spent is the $10000000.00 families that suffered foreclosures and if there are obama the banks not the debtors where there's been inflation of stocks and bonds and real

is finance capital is that and finance capitalism is completely different from industrial capitalism industrial capitalism in the 19th century seem to be moving to socialism because it's more efficient to have the government provide public health and public education at a low price because then the capitalists don't have to pay their labor so much if the government supports their cost of living but finance capitalism wants to increase the price it wants the privatized education raise the price of the private housing it wants to not have access. then once they're really support the finance and surance real estate sector the financial sector and so who takes over the state they're libertarianism in neoclassical economics is a you know some pro plan it but they shift central planning away from the government and elected officials into wall street and the financial sectors so we're in a state of central planning that would have shot adam smith and all of the classical icon of us were central planning by banks and their interest is not that of industrial capitalism but the system like tha

recommends for a well capitalized bank.so up to the 14.5% level or above 20%, depending on the particular assets or the loans. the liquidity risks points on that and the m.f.c. that we have models have 62.5% of its total assets in the form of long-term loans. this is at year 10. the surplus held in the investment pool are generally invested in short-term liquid instruments. though those securities can be sold and proceeds transferred to the city bank to account for any expenditures needed. that's the current state. using money from the investment pool, however, to purchase longer term m.f.c. liabilities means $750 million or 50% of the i.e.p. funding commitment -- and, again, we were talking about 10% at the outside of the investment pool, slightly higher by year 10. but 50% of that would be in liquid over the near term. not available for immediately recovered. it could be recovered over time but some would be tied up in long-term loans. but on the other hand our model allows for another $750 million, the other half, to be

kill capitalism. let the other fellow kill god. don't worry about that. just deal with capitalism. don't get into religious controversies, okay? one of the most popular street corner speakers was a guy named gerald m. fitzgibben. this is an account of him as a speaker. a home which amemoir of that pe. the street corner soap box speaker never used mysterious phrases. for one hour, he was funny. much funnier than any vaudeville act. when he described how the rich lived, the audience nearly died laughing. when he described how the poor suffered, they laughed, too. he would start with a working man getting up at dawn to go to work, sloppy breakfast, dingy streetcar, filthy shop, fat foreman, hasty lunch, weary afternoon, the ride home. rush to the hungry wife and kids. noise of the street. six days of it. work, work, work. work, eat, sleep. whatever marx may have said, e. whatever march may have said, he was stuffed. . this was just away my friend father lived, like dogs. and when he was tired of laughing, he was tiling -- shouting fools how long will you stand this slavery? and then h

next 2 days in his personal fight against the coronavirus also coming up francis says unbridled capitalism has failed people in the way off the panda to find out what else is in his latest encyclical that's missions to the faithful today. alec's leaves at least 2 people dead and dozens missing in the french and italian alps. washed away in the worst flooding in living memory. welcome to the program u.s. president spoken out for the 1st time from the hospital where he's being treated for covert 19 he released a video message on twitter adding that the coming days will be the real test in his personal fight against the coronavirus president's doctor also said trump was doing well but following up questions shifted to the timing of trump's infection and diagnosis. world. doing his best to reassure the united states i came here was in feeling so well i feel much better now working hard to get me all the way back i have to be back because we still have to make america great again we've done an awfully good job of that but we still have steps to go and we have to finish that job and i'll be back

reports from they're going to care about capital as rockets rain down knocking out power and driving residents of the disputed region underground. violent clashes in chile is sparked by a video which appears to show police throwing a teenage boy off a bridge. and the city once known as the pile of the ohrid 612 decades of decay and restore some of its former glory. doctors treating u.s. president donald trump for covert 19 have revealed that his oxygen levels dropped intermittently on friday and saturday despite that they say he could be discharged from hospital as early as monday and then as his briefing from the walter reed military hospital doctors said trump's condition continues to improve and he hasn't had a fever since friday but they also told reporters he's been given the drugs dexamethasone a steroid the world health organization only recommends the severe cases that's in addition to the antiviral drug does appear and an experimental antibody treatment. in response to the transience low oxygen levels as dr conley is discussed we did initiate document his own therapy and he

>> his grievances against capitalism was a monopoly, corporate capitalism that he had the most trouble with. that is why he felt that an overthrow of corporate capitalism was in order. his grievances against them was you cumulation of wealth in the hands of the pew, and the controlling -- what he argued early on was that combinations of corporations of business owners would be able to get together to control many aspects of the economy. that's what he was clearly against. what he advocated were labor unions a similar combinations of workers who could then work together to break the monopoly that corporate entities have been forming with each other to control many aspects of the economy at the time. in that way, people argue that our time period is very similar to his time period, the growing gap between the wealthy and the less than wealthy. >> the mechanics that he used to organize them. >> i think it's an interesting question. it isn't the case that socialist, one of the things that made debs socialism make -- work in a way that had not worked before was their talent for organizing.

this was the police response on the streets of the belorussian capital moods. in what the opposition is calling state sponsored violence. security forces deployed stun grenades and tear gas on protesters who'd been marching against the president alexander lukashenko. the rally had started peacefully with wide columns of demonstrators fanning out across minsk they were heading for the president's home determined to send him a mess. ssage that it's time to go. the march was called by opposition leader scott liner taken off skier who'd given location can till the end of sunday to resign or face a nationwide general strike. organizers say more than 100000 people were out banging drums chanting strike and long live bellow roast. chicken or scalia has managed to galvanize an enormous part for her was a yes or a she called herself a housewife and president elect. recognized by most european countries always gotten out of order for her. this is the 11th straight weekend of process since the disputed election in august 1. that the opposition says was rigged taking a ski

then there's plenty of seed stock there's plenty of capital in your capital system to smooth it out but if you had to face the current and you interest rates are 0 and there's no incentive to say therefore there's no capital then you don't have to apples and if you have a club talk or see run by central banks then the worse it gets the more they pay themselves 3. what is the realistic vision i mean we understand that we're not going to go back to the same status quo as it used to be that's just him paul. the board at this point well the thing is i think it is so premature to day to start talking about what is what is going to happen to us tomorrow or the day after tomorrow when we have not being able to solve actual today's problem at today's actual problem is the cease fire because the process itself will define it i think if i'm going to say this is what i want. and the other side will say this is what i have one we are quite apart from each other and that's why the whole process of the gauche agency is important to bring them together in fact during the last 20 years of the gorge a t

at the capital c.t.o. of the. republic was shelved and i mean i'm speaking about civilian shellings as world 3rd we should not. forget. in this account the real fact who started this stage of war it was the us there is side clearly. the people of nagorno cut above the republic of arts. so violations are there there are fortunately and i think all parties have to put a lot of efforts in order to stop it and of course it's very very important to have bacon a mechanism for verification who is breaking the ceasefire i mean these are many ways of doing that internationally using technology but it should be put in place because until the cease fire is not established fully the humanitarian side of this says fire will not be. known and either of sides will be able to use that as a badge on has denied violating the cease fire we spoke to former azerbaijani diplomat elnora alyosha he said that his country is merely claiming back its own land. i don't think that the you will find any citizen among the un member states which

capital of washington d.c. in other cities across the country in a march for women. yes there aim is to build momentum to vote president donald trump out of the white house are also protesting against the supremes court nomination of judge amy to replace the late justice ruth bader ginsburg the 87 year old was a liberal and feminist icon let's get more on this for president jordan in washington d.c. and rosa protests is pretty clear what they want to achieve at this protest. actually nick they were very clear in what they wanted to achieve during this protest you saw some people talking about black lives matter you saw some people talking about the right for reproductive justice you saw some people talking about the need to vote donald trump and mike pence his vice president out of office you saw some people talking about the need to protect the supreme court from people such as amy county barrett who has been nominated to fill the vacancy on the high court no unifying message no real social distancing at this event and it's worth noting that top perhaps just a few 1

but beyond that, morgan also controlled the flow of capital. this really worries power and influence came from party to he was wealthy but he wasn't the wealthiest american. but he threw his bacon through jp morgan control capital from europe and america. decide where it should go . along with that, took seats on a lot of the companies that he was investing in. snarling did he have an armless control over kind of the financials against city had to say now the companies all across the country will run. and among those companies was a railroad . like very important. they had grown rapidly, recklessly. they had gone bankrupt, had caused depression sprayed and ended a certain point the investors were so frustrated that they asked him to get more involved now is a process that was done so forcibly. then it became known as an organization rather than reorganization. he was going and he would disrupt the company and take a big stake. and smooth things out. so by the time he takes office in morgan is on wall street, there are the two most powerful peop

capitalism is doing the socialist work.it was bringing more and more production under fewer and fewer hands and eventually taking over. that will be the end of that. moreover, berger said socialism is an autonomic change. it is not a social change. unlike the new york socialists were rather tied in with the women's movement, berger is a very strict family man. the socialist family will be upstanding with the man the head of the family and the woman at home. he is rather racist. he is certainly anti black. there are very few blacks in milwaukee at that time, but he can use racist language like any other politician at this time. and milwaukee is the best example of what is called municipal socialism. that is socialism at the city level. the socialist win control of milwaukee. a socialist is elected as mayor of milwaukee for the socialist party. they actually govern quite well. in fact, ironically, the credit rating of milwaukee rises under the socialists administration. why? because unlike the main parties, they are not steal

we begin with breaking news from the french capital this evening where a teacher has reportedly been capitated in an attack near a school in a suburb of paris the suspect has been shot dead by police and the terror investigation launched let's go straight. to our key charlotte charlotte gruesome details emerging. yes indeed we understand that the man who was dick capitated in this gruesome horrific attack is said to have been a history teacher at a local school in a region to the northwest of paris we understand that the background to this attack is that the teacher had shown a class of students in late september early october some caricature some cartoons of the muslim prophet mohammed as part of a lesson on freedom of speech now we understand that some of the parents had reported the teacher for that action in class what we understand that happened today is that reports in the french media that an 18 year old suspect capitated this teacher close to the school in the afternoon of friday some people say around 5 pm local time we understand from french media that he then tweeted did a

you can't have capitalism without capital and you can't have tapped at all without giving people an interest rate to incentivize them to save. and the reason you do that is that if there is a downturn like the coke then there's plenty of seed stock there's plenty of capital in your capital system to smooth it out but if you defaced the currency and you know interest rates are 0 and there's no incentive to say therefore there's no capital then you don't have to apples and where you have a cutoff for c drawn by central banks then the worse it gets the more they pay themselves. on. the window sill job lol but that goes double of i'll just. keep on going to work because i want to buy digital audio. out of the. elite. but there are also france the us are still so but the sole hoping to do something this year. so yeah it sure will. they gathered up i think there's a lot of oil about what's up with a lot of that kind of approach that happens. off. is your media a reflection of reality. in a world transformed. what will make you feel safe. isolation community. are you going the right way or are you

economy is in equilibrium economy where capital can flow back and forth pretty freely.t is considered a fairly mainstream model. if you look at the other groups that have done analysis on the biden plan, in particular, most of the results are fairly similar if you normalize their assumptions. we all find that in some way, the biden plan would reduce the size of the economy, lower the number of jobs in the economy and lower wages as well. one of those outliers would be moody's because their analysis says joe biden proposals would produce rebounds and economic growth. guest: i think we have to separate what the models are looking at. some only look at tax policy and try to make estimates on biden's spending plans. we estimate he would raise $3 trillion for his tax increases. his spending proposals are somewhere in the neighborhood of $5 trillion or even higher. what moody's and others have tried to do is estimate how that spending would impact economic growth. that is something beyond our model. we were not comfortable going in that direction because we don't think there

for the progress of this old throughout the capital there are several collection points by activists this initiative of the people they want something from the or we're already sent from riot trucks just today was sent about 150 baht boxes i think of big portion of the salary we must be spent this way . we hear to stand our support to frontline troops we want to assure our soldiers there we're always with them. it's statement even should that be the big gratitude to the people for this as well in the same time they said that people military personnel leave who are equipped and provide it was all neat and in order to prevent any kind or misuse and irrational or he shoots him you saw the president set up a temporary hotline where people can get in touch with the officers in the missile defense and then they will help them to reduce tribute the assistance to the destination final destination that of the soldier or national army. another. trump is back in the white house he had spent 3 nights in hospital after testing positive for cope with 19. learned so much about coronavirus and one t

capital has finally managed to stage one of its most popular sporting events the london marathon was 6 months late and severely cut down form usually around 40000 people were on the streets of the city at this time elite groups of 39 men and 25 women ran 1000 laps of a close circuit and there was a major surprise in the men's race as andy richardson reports. a fresh springtime morning usually greets from his at the london marathon. due to chronic virus the race had been delayed until this much colder time slots event normally has more than $40000.00 entrants but this shit was restricted to elite competitors running laps of a bar secure circuit kenya's world record holder elliott kip shogi was expected to dominate the men's race particularly in the absence of the injury theo p n can a niece of the kaylee the 4 time winner was dropped by the leading pack in the final stages and after more than 42 kilometers of running ethiopia's surekha totter on a sprint finish to claim a surprise victory in a time of 2 i was 5 minutes and 41 seconds the biggest win of his career sorry for keep choky

new book traces the past present and future of state coersion and its critical connection to global capital joining me now from los angeles is the author of the global police state professor william i robinson thank you so much for coming on we got a hint arguably of the global police state from wiki leaks they released the iraq war logs 10 years ago this week this month what is the global police state the title of your book i mean 3 things by global police state but let me put that in context by saying the starting point for the discussion of global police state needs to be this severe crisis of global capitalism the pandemic didn't create the crisis it only made it much worse and in talking about global police state there's 2 dimensions i want to highlight one is the structural technically we call it over accumulation but it's a crisis of chronic stagnation in the global economy and the 2nd dimension of that crisis is is political this one of state legitimacy and capitalist henschel money so i need 3 things by global police state and the 1st is we see the deepening and the extension world

bars and cafes close those europe in france an increasing number of new covidien factions the french capital on maximum alert but there's growing criticism of the measures as well. and. a once overlooked painter from the italian renaissance gets a long overdue international show at london's national gallery. i'm brian thomas good to have you with us today u.s. president donald trump has returned to the white house after being hospitalized for covert 19 his physician says he'll receive further care over the coming days but a number of white house staff have been infected as well we'll go live to our washington correspondent after this report. it was a determined donald trump wearing a mask who emerged on to the steps of the hospital 4 days after he shocked the world by announcing he and 1st lady millenia had tested positive for covert 19 trump was back. after the short helicopter flight to washington the president crossed the white house lawn and strode up the stack case. he made a point of removing his mask offering a salute to the departing ecru and there was encourage mint for the other 7

capital that he accumulated over three decades of his adult life prior to his andrew into politics a 1910. henry kissinger is supposed to have said that decision-makers and political leaders don't have time in office to actually learn anything you, and so all of their decisions and outlooks in office drawn the intellectual capital they had accumulated prior to taking that position. it was during these decades from the start of his graduate studies, close to three decades, to his appointment and academic administration that's from 18 eighties to 1900, the most tumultuous and transformative times in u.s. history. during that time, will snow cumulated intellectual capital that he later drawn, verse as governor of new jersey and then as president of the united states. wilson thinking about politics government, hand the sources of social disorder, developed in the context of the domestic political life of the united states into decades leprosy to the war. only after the war broke out, was the scheme he developed applied to the international arena. so it is the internet actual framework in

the problem is not to come up with financial or sources of capital.o we deploy it right now? anso, scott, is the spac investment vehicle whose time has come? is it perhaps a little bit of financial engineering? forperhaps, forgive me misinterpreting. it anjust that is investment vehicle whose time has come or is it merely a manifestation of speculative assets? scott: i think speculative excess, just like in other areas, is accelerating its growth. is the spac as a vehicle ultimately going to be transformative for the capital market in a way that was similar to high-yield bonds and became transformative for the capital market. there were lots of fits and starts in the early days. building the business that he built. of course, later on, there were a lot of abuses in high-yield bonds, of companies that really shouldn't be borrowing money in the capital markets getting cash. the like this, you know, history of spac's is a pretty dismal one. of all the spac's that have been done, over 70% of them are -- i think that has to do with two things. one is a lot

protesters keep up the pressure on colombia's president to resign as thousands marched through the capital bogota. and in some of the clearest language yet the head of the roman catholic church says same sex relationships should be protected by law. we begin in the united states where top intelligence officials say russia and iran have both detained some voter registration information the directors of national intelligence and the f.b.i. say they'll be consequences for any foreign countries that interfere in the vote let's go straight to mike hanna in washington d.c. mike so what are we to make of these claims by the f.b.i. in this press conference now significant is the timing of all of this mike. but it was certainly a very dramatic news conference hosted by the director of national intelligence along with the director of the f.b.i. intelligence sources for a long period of time have been warning that russia is involving itself in the us electoral process just as it did back in 2016 when president trump won the election however on this particular occasion though both the director of nati

infection spike in spain is the worst hit and authorities have declared a state of emergency in the capital madrid one doctor on the front lines tells us why the viruses once again taking hold. and a truce in nagorno-karabakh quickly collapses by john and armenia trade accusations as missiles kill civilians in the fighting to. nigeria disbands a notorious police unit accused of brutality authorities vowed to public pressure after days of nationwide protests against all the splits. i'm brian thomas good to have you with us today more european countries are reimposing tough coronavirus restrictions as the continent grapples with rising infection rates spain has the most cases in europe over 860000 cases the central government there has declared a state of emergency in the capital madrid where doctors told the w. they are preparing for the worst. the lineups continue to get longer in front of moderates health care centers. the workday should already be over for dr manu garo but she's making time for a quick interview outside her clinic the authorities have banned doctors from talking to the me

early closing time in birthday bottles and clubs in the german capital now have to shut their doors at 11 pm authorities are hoping to avoid a new dumped out despite pricing corona virus infections and. after a long absence crucifying coronavirus restrictions the royal ballet finally returns to the on tuesday. i'm rebecca riches welcome to the program a ceasefire between armenia and azerbaijan appear to have been short lived as a vision and defense ministry has released footage of what it claims are strikes against the armenian army it says the attacks are in retaliation for mania violating the cease fire. in turn has accused its follower of breaking the deal the 2 former soviet republics early agreed to russian demands to hope they had decades long conflict of the disputed region of nagorno-karabakh. hundreds have died in fighting over the last fortnight caught in the middle felson of displaced civilians . the mother and child forced to take refuge in a school. who is just one of several azerbaijani families who fled here from nearby villages there escaping heavy fighting near the bor

you can capitalize on lot of capital and you can have tapped it all without giving people an interest rate to incentivize them to say. and the reason to do that is that if there is a downturn like the coke then there's plenty of seed stock there's plenty of capital in your capital system smoothed it out but if you deface the current. and you interest rates are 0 and there's no incentive to say therefore there's no capital then you don't. after apples and you have a cup soccer city run by central banks then the worse it gets the more they pay themselves. a dark industry comes to life in los angeles every night. dozens of women sells their bodies on the streets many of them under-age. los angeles police reveal a taste of their daily challenge no if you're going to exploit a child here in los angeles they were going to come out you see officers going undercover as 6 workers and customers to fight the 6 trades. is your media a reflection of reality. in a world transformed. what will make you feel safe. isolation community. are you going the right way or are you being. direct. what is true

world capitalism continues to restructure controls 95 percent of the world's wealth so 80 percent of humanity controls only thought of percent of the world's wealth and under those conditions under this conditions of extreme inequality those that rule the world including warren buffett needs to develop systems of extreme control and repression but you know i want to add one of the thing when we talk about warren buffet and what i refer to in the book as the transnational capitalist class and the 2nd dimension of global police state as independent of the systems need to repress and to wage wars and so forth to hold the mass of humanity down global police state is a men's profitable at a time when the global economy has been in chronic stagnation and so we see that the whole global economy and society is increasingly dependent on militarization and wars interest actual social control just to keep the global economy moving forward he used the phrase military keynesianism i should say you also mention the fact that citibank said invest in luxury goods because there's no point investing i

protests in belarus turned violent as police and demonstrators clashed in the capital. hello it should be pretty apparent from the satellite picture where all the action is in europe at the moment this area here which is covered in thunder storms an area of low pressure fed by reservoir of the mediterranean and the other cold front coming into the british isles will show itself a fairly active scene as well but the immediate future to suggest fairly heavy rain and thunderstorms right italy and the balkans is edging into greece as well the line goes through slovakia eastern side of austria and beyond into poland that's an active frontal system behind is kota in is it 9 or even 8 degrees temperature change but a change nevertheless sarajevo gets today's rain and it too catches a cold air the october average 17 on tuesday you'll be lucky to better about 9 inches pathetic does warm again by wednesday so this is just an interruption to the process if you like or change into water and ahead of it is quite warm 19 in kiev and 18 in moscow well above where they should be for be

to get attach it was no coincidence that the bar most 1st appearance in the campaign came in the capital of pennsylvania barack obama took pennsylvania in 200820128 was flipped by donald trump in 2016 the state has a high proportion of african american voters and joe biden and his campaign managers have identified pennsylvania as the single most important state to win if he was to make his way to the white house. donald trump continued on his campaign trail apparently not pausing to prepare for the final debate with joe biden that will be taking place on thursday. washington iran's u.n. mission has denied any attempts to tamper with the votes writing on twitter unlike the us iran does not interfere in other countries elections the world has been witnessing the u.s. is on desperate public attempts to question the outcome of its own elections at the highest level. one of the big concerns about the upcoming u.s. election is how few polling stations will be open the majority of poll workers are over 60 years old and many are hesitant to work because of the pandemic has led to a high profile

our reports in the capital of saying that stun grenades have been heard in the capital bishkek despite a multinational corps for calm in the central asian country protests erupted into chaos on monday following the weekend's disputed parliamentary poll one person's been killed in the riots more than 700 others injured the electoral commission has now we know of the results of the vote. i'm sure the teacher you. must listen. to. the name of the birth of. the. title of the king of the jungle people in the film. has. a prime minister and several regional heads of now resigned the capital's macwhich to after protesters occupied city hall and planted replacement yes or sensible so cold i never want to maintain a what a local journalist in bishkek sent us this report on the aftermath of monday night's violence the alytus queer the how did occur distance political life is still full of people political leaders b.s. that they're going to last an action of protest in the center of the sca trying all day to figure out how the council will get out of the political crisis the central election comm

where the fighting as a main trauma hospital in provincial capital. has been operating at full capacity cannot treat anymore people and the m.s.f. supported another m.s.f. supported hospital in the area has been serving as an overflow facility with over 20 people have been admitted there in the past 24 hours and among them are even pregnant women and children in terms of the displaced according to the u.n. and local sources $35000.00 people have been forced to flee their homes a lot of them with nothing but their clothes we've seen pictures of them trying to load as much as they can and some model bikes and try to escape the fighting now are you in assessment teams are on the air in the try to assess the situation and it's extremely difficult to get information and a lot of the infrastructure of the telephone lines have been damaged so it's hard to assess what exactly what the exact needs are. fighting continues to escalate between armenia and azerbaijan these areas say they have destroyed missile launches inside armenia that were targeting their citi

residents even more vulnerable to the coronavirus we talked to an environmental expert in india's capital who warns the pollution could complicate the battle for anyone contracting coverts 19 also coming up the worst storm to hit vietnam in decades rescuers race to find survivors as the country digs out from type from the lobby. what have you heard about this detective is crime solving skills are legendary in his part of pakistan when it comes to stolen cows. i'm melissa chan welcome to news asia thank you for joining us pollution and gulf india's capital delhi all year but winner sees the air quality drop to its lowest levels it's a toxic soup that stings the eyes burns the lungs and makes it difficult to breathe and delhi now appears to be heading towards another surge in coven $1000.00 infections health experts worry the smog could worsen the viruses spread and make it even more deadly near a charger he reports it's the onset of winter and at the end she has engulfed the city. the air quality in delhi one of the most polluted cities in the world this is believed to do the rates during

look at some of the other stories making headlines around the world security forces in the russian capital minsk have been preparing for another sunday demonstration previous sunday march as i've seen numbers above 100000 show up to protest against the strongman alexander lukashenko is ruled on saturday media reported around 20 people were arrested in the city of saudi horse. turkey has condemned what it calls attacks on civilians by armenian forces in the us of a john city of ganja one person was reported killed fighting has flared up over the breakaway region of the gone across back and which turkey backs by john officials there accuse us of it john of shelling the main cities step on a cat. voters in the french archipelago of new caledonia have rejected independence turnout was high in the referendum on whether to break away from france after 170 years officials said 53 percent had voted no to independence a small percentage of them in the last referendum 2 years ago. unrestricted capitalism and trickle down economic policies have failed people in the wake of the coronavirus pandemic th

you can't have capitalism without capital and you can't have topped it all without giving people an interest rate to incentivize them to save. and the reason to do that is that if there is a downturn like the cold then there's plenty of stock there's plenty of capital in your capital system to smooth it out but if you deface the currency and you know interest rates are 0 and there's no incentive to say therefore there's no capital then you don't have to apple where you have a club top or c wrong by structural banks then the worse it gets the more like a themselves. a dark industry comes to life in los angeles every night. dozens of women sells their bodies on the streets many of them under-age. los angeles police reveal a taste of their daily challenge no if you're going to exploit our child here in los angeles there we're going to come out you see officers going undercover as 6 workers and customers to fight 6 trade. join me every thursday on the alex salmond show and i'll be speaking to guest of the world of politics sports business i'm show business i'll see you then. just say i don't kno

spiked to spain is the worst hit and authorities there have declared a state of emergency in the capital dread a doctor on the front lines tells us why the virus is once again taking hold. and a truce in nagorno-karabakh quickly collapse by john and our media trade accusations those missiles kill civilians and the fighting continues. plus it is back to base scientists return from a year long study on the polar ice and with them some devastating findings expeditions leaders of the arctic is heating up that just. i'm brian thomas good to have you with us today more and more european countries are reimposing tough coronavirus restrictions as the continent grapples with rising infection rates spain has the most cases in europe some 860000 central governments declared a state of emergency in the capital madrid and doctors there have told the w. they are preparing for the worst. the lineups continue to get longer in front of moderates health care centers. the workday should already be over for doctor but she's making time for a quick interview outside her clinic the authorities have banned doc