it is the founding member of the oecd.he coming administration as we engage with all elected governments across our membership at across our climate countries. joumanna: are you bracing yourself or rocky relations are more difficult discussion? >> our job is to work with the democratically elected governments. and of course with a clear vision to provide global leadership when it comes to tackling climate change effectively. joumanna: back in september the oecd said the global economy is turning the corner, but you did cite risks, geopolitical trade risks and of course those risks have come to the fore with the return of president trump. he's talking about tariffs, universal tariffs, broad-based tariffs, what does that due to the global outlook? >> we have seen the global economy turned the corner. 3.2% on the back of robust growth. and with inflation continuing to come down and countries around the world, moving forward we would like to see continued strong growth. it is always better for countries to talk to each other a

if you look at the latest figures from the oecd they say $115 billion was spent on this challenge inyou are talking about. that is true. you mentioned an important point. africa is only getting 5% of what it needs, $1.6 billion, what it needs essentially for the climate transition. last year. there is a huge effort, the finance gap, the united nations environment agency came up with numbers about what is the financing gap? quite huge. there is the massive resource mobilisation but capital increase of the multi—natural development system which is essentially advanced economies putting in more paid—in capital to help them be able to contribute and help support developing middle income countries and low income countries do this is important, building a carbon market which will allow for the private sector will stop many of private sector companies, take, for example shipping companies have pledged to go to net zero but they are hard to inaudible sectors and cannot transition quickly so different buckets where we can raise resources to be able to meet the funding gap required but it need

and even after these tax rises, it puts us kind of middle of the pack, in terms of oecd countries, we'veu know, sort of 16th to 14th in terms of higher taxes, something along those lines. and i think there's another interesting structural shift here, which is that if you look at the kind of things that were taxed in this budget, things like shares, capital gains, things like property, whether it be intergenerational farmland transfers, which maybe we'll get into. if you look at the fact that pension pots are now being put within the orbit of inheritance tax, those are generally taxes on older people, the boomers, who've got all the money, all the property, all the pensions, all the wealth. there's going to be this migration of that wealth to the younger generation as they begin to enter the twilight or end of their lives. and it seems to me that the government wants to be, if you like, the crocodiles in that river, as the wildebeests go across the plain and in their great migration, and they want to pick them off as they go through and use that money to give the younger people a better s

is trying to protect those kind of numbers and we spend in the united states twice of what wealthy oecdon healthcare and we have among the worst outcomes. if any industry in america is right for disruption, it is healthcare, and i think it's terrific. look, rfk jr. has this vaccine dubiousness or skepticism that, by the way, caused a change in the way people do manufacture vaccines. i disagree with him on this, and i'm sure he'll avoid this like the plague as he goes forward, but to have this meltdown about disruption in this vastly inefficient industry is crazy. by the way, a lot of the biggest complaints we haven't heard any of those talking about measles being brought in by migrants that's happened. okay, we want people vaccinated against diseases. we also want to protect our boarders against people who are bringing diseases. liz: liz peek, thank you so much. sorry we ran out of time. we'll have you back on. that was great what you said. thank you so much. this story, kamala harris blew through $1 billion. tens of millions of dollars wasted on slierties to endorse her -- celebrities

the article says that, and then it says the oecd has put britain at the top of the international tableional table, although the us had a significant jump as well, with 1.2 million arrival per capita. >> isn't it per capita, i guess it must be. yeah. they've got a huge border, which yeah, thank you very much. >> thanks for noticing. now i feel fat. >> the us immigrants don't touch the sides. no, they they're not allowed. >> so yes, in the us 1.2 million and then here three quarters of and then here three quarters of a million. and the new person in charge of all this here, keir starmer has said that he's not relaxed about these migration levels, and he's going to bring them down to a medium term of 315,000 a year. that's his goal . 315,000 a year. that's his goal. that's what he's promised. yeah. >> and they're all about the goals. pardon me. they're all about the goals. they're about the goals at this point they're like a football team. >> spain has recorded a 12% increase and canada followed with an 8% increase. now these are legal migration people. >> oh yeah absolutely 750,000. but

their attacks increase on corporation that would render than the second-highest tax business in the oecdwhat the trump tax cut accomplish which is making her companies universally competitive. secondly obviously regulation. i think what happened were in a position where people are freely talking about trumpeting favorable way. i think part of it the ceos were so cowed by all the negative press on trump they were reluctant to embrace him in 2020. with lita con ahead of the ftc standing inside of all the mergers and other mandates that render their companies in america less competitive now they're willing to stand up and say this is stupid we need to change at the top. maria: what you said about regulation is so spot on that's what business is worried about. how many complaints have we heard over the last four years about all of the new regulation attached the climate change agenda. come on they put a rule that corporations have to know the impact of omissions on their customers of their customers clients and all of the stuff costs money and it's strangling a number of businesses, you saw

i think he's talking about the oecd competitiveness, but we're running a $36 trillion deficit. donald trump's plan is going to balloon the deficit. he spent $2 trillion of deficit spending in eight years. oh i'm sorry, 8 trillion. you know, two a year. and it was george w, it was george washington, the george w bush 7 trillion donald trump in four years, 8 trillion. he's on his way to economic plan. so that will absolutely kill the people i grew up with the lower middle income people because they have to devalue the dollar. they have to create inflation. but let's go to the deportation because that's 75 to 80 basis points off the gdp. he's talking about deporting 15 million people. it's an agenda 47. it's in project 2025. >> let's just go over the math of that because he's an economist that i'm talking to. he knows you pull those people out of the country, you're going to crush the economy. you're going to reduce our tax revenues and you're going to increase the burden on social security. let me just give kevin this fact to ponder for mr. trump. 1.8 million people deported in a

already spends significantly more per student than the oecd average, yet student achievement remains static, despite increased spending and staffing. a recent pew research shows students don't have enough time to complete their work. 60% feel their jobs are overwhelming. nearly half of new teachers leave the classroom within five years. no profession sends its people to work more poorly prepared than education. that same poll showed only 46% feel they have the resources they need and only one-third are satisfied with their training. the former head of the council on teacher quality, kate walsh, criticized the inadequate preparation of teachers, likening it to a hazing ritual. when the teacher is unprepared, forced to learn on the job and struggling, students do not get a do-over. they only fall further behind. why do good teachers leave? primarily it's not the pay. student behavior is out of control, creating intolerable classroom conditions that drive teachers away. a 2022 national education association poll showed that nearly half of all teachers plan to quit due to school climate

comparable oecd punitivemeasure? >> it had nothing to with us being at the end of the administration has it of the fact we were letting some time go by to see if the international pressure that other countries and the united states are putting on would lead to a change in posture on his part. it has not we're going to call the facts as we see you then. in terms of other actions we never preview those before we take them. i should say seldom preview those. >> congressional research report hezbollah continues to hold parliamentary seats and parts of lebanon and operates inside the country with impunity. given u.s. congressional research report with the government white what is your response to concerns of the lebanese people responsible for providing home base to attack israel? >> i don't think it's any secret been incredibly concerned about the role plays in sight of lebanon. that's why you've seen us continue to support israel's right to defend itself you seen us a call for strengthening lebanese institutions we will

we're 31 out of 38 oecd countries in terms of how much tax revenue -- >> and you can look at -- it'stually proposed is $10 trillion of unfinanced tax cuts if you take the tcj extensions and no tax on tips. >> we don't need tax gses when have tariffs. >> mathematically you cannot replace the income tax with tariffs. >> i've argued for a two-year trial period of getting rid of the income tax. jets just see. >> we are replace it with the -- >> there is one way to think about it, joe. you may work the first six months for the government. >> six and a half. >> but the last six months -- >> i would make a hell of a lot. >> you're living so much larger than almost every other american in the country. >> i know. >> and that's the cost of having those five and a half months to yourself. >> i'm not sure that's -- i think a philosopher would have trouble with that logic, but i see what you're saying. did you come up with a name for it. >> for what? trump n trumponomics? i'd say our word is benevolent. >> can't miss interview coming up. ♪♪ data science can help address some of the biggest challe

to be thinking about how to we get this more fair, taking the corporate tax rate from 21 to 25, the oecdg u.s. companies raising it a little bit. now, of course it's not good for the equity market. we know that. >> we can handle it. >> we can handle it. >> jim, you got a quick thought on future session highs? >> i don't trust the futures at all. they don't know anything. >> you sure you don't want to think about it. >> they're as stupid as they are at 3:15. what are you idiots selling the futures. going to be a great day. >> pajama traders work in the morning and night. >> they're as foolish as they have been. >> are people buying futures tonight as we look here sitting at the same exit polls, trying to tease it out. is that what's going on? >> that's incredible. we don't know anything. >> you see, that's kind of why they're not making big money, never heard of them. by the way, you never will. >> don't you think there's a lot of algo going on, exit polls. >> going into the black boxes. >> i often think they had their spies, they had to know. i know there are institutions that did, and i

i mean, according to the oecd , we mean, according to the oecd, we saw the largest percentage increaset year among permanent migrants, amongst the rich countries, about 53%. the only country that came close to this was south korea, with australia in a distant third. and as you said, in terms of raw numbers , we were second only to numbers, we were second only to the united states, which is six times bigger than we are. precisely. i mean, if you zoom out and you go back to 2019 to 2023, there was about 110% increase. only a very small number of countries outdid us there. i think it was poland, lithuania and new zealand. so the figures are absolutely staggering. >> they are. i don't know what you think at home , folks, but, you think at home, folks, but, you think at home, folks, but, you know, is this ever going to end? farage @gbnews. com. give me your views. is this ever going to end now, mike. the point is that and for years for 20 plus years i've talked about this worried that the population increase would just have an impact on services, etc. but i was told by real experts like nic