tv Russia Today Programming RT August 29, 2017 2:00pm-4:01pm EDT
the john oliver of hearty americans do the same we are apparently better than food to see people you've never heard of love back to the night my president of the world bank so kate was really. seriously send us an e-mail. breaking news this hour u.s. led coalition forces exchanged fire with turkish rebels in northern syria as the proximity of various campaigns in the region. also coming up this hour the german chancellor is heckled by the campaign rally after seeing diversity makes germany more colorful. choose the. yet again defended open door refugee policy. spain's interior minister admits not a security failure may have allowed
a terrorist cell to launch attacks in barcelona. here this. call to north korea to abide by un resolutions following the latest. washington stresses that it's time for serious action against the hermit state. live around the world every hour of the day this is our team international my name's unit o'neill welcome to the program we begin with top breaking news from syria this hour where u.s. led coalition forces have exchanged fire with turkish rebels near the city of b.
let's try and go live to our jack lean in the u.s. who's keeping abreast of the hi there jackie what led to both groups opening fire on each other here. well it's a very tense situation in northern syria right now and that coalition spokesperson actually revealed that u.s. backed forces have clashed with pro turkish rebels not once but multiple times in recent weeks let's take a listen. patrols that have been conducting patrols in the area to keep tensions down receipts multiple times over the course of the last two weeks. now america has already sent a warning to turkey to pull the rebels back in line in the area saying that firing on u.s. led coalition forces is quote on except of all and the spokesperson added that patrols will continue in the area and coalition forces are always prepared and
ready to defend themselves if need be the question is how much does this speak to the level of cooperation between washington and turkey who in the past of course have been close nato allies but like i said the situation in northern syria is extremely complicated the u.s. is fighting eisel with the support of kurdish forces who are less than friendly so to speak with the turkish forces also found in that area turkey in fact considers the kurdish to be terrorists and the u.s. the sort of caught in the middle now up till now america has managed to navigate the murky waters between their allies but given the fact that u.s. was the u.s. was never invited into the region in the first place conflicts such as this have been a long time coming turkey's president has warned in the path against the possibility of attacking u.s. backed forces if everyone feels that they have overstepped in some way so tensions are rising and conflicts among these those meant to be fighting on the same side continue to break out leaving the future of the conflict in question you know we
have to see what comes out of this live from the u.s. thank you for. ok moving on to germany where chancellor merkel is being heckled at a campaign rally run often hours ago with the election in just under a month's time remember cried by merkel saying germany is more colorful with greater diversity and he was. thinking of it in the air. ok so that was the reaction the chancellor golf to those remarks that she made about diversity making the country more colorful let's go live to peter all over europe correspondent who's been following these developments not the first time. from the chancellor either peter has in the last few weeks i was this latest rally unfolded. well this was very different to
anything we've seen in the last few weeks i think if you if you watch more than just the clip that we saw there it really is quite painful to watch it the whistling and booing started from the moment angular merkel opened her mouth and said hello brandenburg it's nice to be here. she did person with the intended speech it certainly seemed that she was intending to give it went on for around forty five minutes or so it was only right at the end after going through all of the good still for a lot of you elected me last time i'm here for you let's do good stuff again in the future but it was only after forty five minutes of that that she said things like diversity makes us stronger there are those out there who would say that it doesn't but. as diversity the diverse german people make source who we are that resulted in a lot more whistles nobody has claimed responsibility without wanting to use words used fasc reus more serious event than this nobody has claimed responsibility for
organizing this demonstration and we also understand from those that were on the ground there. there were people mingled in amongst the crowds who were blowing whistles and booing the chancellor there was one row right in front of people all clearly delegates from the party who were holding onto the merkel signs but just a row behind those it seems there were some very angry people brandenburg it's worth noting is the home state of alexander gallant who is one of the candidates for chancellor of the alternative for germany germany party and anti immigrant anti merkel party it's understood some of their supporters may have been in the crowd there but earlier on on tuesday there was a far karma stage for angola merkel to speak and she was giving her annual summer address to the press it she went through a lot of what you may have expected she spoke about relations with turkey with poland night of. a good right now for germany she talked about border controls
within the shang gains zone and she also said again that she did not regret any of the decisions that were made back in twenty fifteen during the refugee crisis but that isn't the type of tone she's taken previously and in the very recent past to that same subject. sentence we can do this in spite of my political work but so much has been read into this every day expression it has become a simple mortal in the discussion around it has turned into an unproductive endless loop we didn't embrace the problem in an appropriate way. well the policy from back in twenty fifteen still proves very divisive here in germany in fact it's that policy that's being looked into is part of the motive behind a behind police raids that took their part took place i beg your pardon in the state of mecklenburg palmer not in the northeast of germany interestingly enough
angler merkel's constituency is there were two people one of them a serving police officer had their properties re raided and were arrested after police investigation into a plot to kidnap and kill left wing political activists and left wing figures here in germany police uncovered weapons ammunition as well as as well as food and supplies as these two bar as the authorities are telling us so far had planned for the ultimate destruction of the german state all based on the policy of angela merkel back in twenty eight fifteen but it wasn't the best of nights for the german chancellor when it comes to reception from the electorate however overall she is still well out ahead in the lead when it comes to september the twenty fourth general election here in germany she currently lead to the nearest contenders by sixteen to seventeen percent depending on whose polls you look at and with martin schulz and his social democratic party certainly not looking like gaining any
ground right now it does seem like she will be returned as chancellor but the still a month ago just yet and of course could be a very long time in politics yet we know that certainly can live from berlin our europe euro chief it are all over thank you. well as peter was saying there the miracles as you can see here in our graphic as well the christian democrats the are well out in front fifteen percentage points there ahead of the s.p.d. the social democrats while the alternative for germany party the f.d.a. is among those trailing the front runners a little bit behind that earlier column braid talked about the campaign and the deadly plot against politicians one of the deputy presidents. it's a plot against the leftist politicians believed to be rooted in germany's migron policy it's something that's been divisive a deeply emotive but now that it's got to the stage where people's lives are being threatened just because of their politics doesn't it suggest to you the parties
with fiery rhetoric over migrants and the migrant issue has gone too far. well actually we have a lot of tension also starts you are now a lot of tension the extreme never experienced before and this is to do with my my question is why is this we still have the migration to ice this. money you see a lot of sexual harassment committed by forward coming from afghanistan coming from pakistan coming from countries and there is a lot of tension or society where now just a few weeks away from the election it still seems that voters prefer angular merkel's hand on the rudder when it comes to all sorts of things not just migration rather than parties like yours. well. whether you actually shouldn't have in mind how hard he is. also buyer is to have at least.
there's. actually no all positive news coverage of a party at all our party is quite successful told the citizens of germany did we. strictly democratic force which is actually again strongly against any kind of extremism and any kind of political violence to be just wants to be a force. in the parliamentary system of germany we don't want to change the system we don't want to turn down the system. on how to defeat out we're joined by for more reaction by the chairman of the above baria party florian veber farin for the welcome to the program yet interesting day for america was not as soon as she said a low at her latest rally she was booed triumphantly wasn't she will she continue
to take crowds in her stride she is way ahead in the pulled. yes she's very high in the polls and you at the moment it looks likes who wins elections and high level but i think the political situation in germany especially in the area vote or at all in germany is so going to return and say the people are not very happy that this politics but they have no english they do not have any kind of opposition who is who is able to see and and able to to work and to do and so democrats are not able to give a quote a position for a coach translator and their problem is that they are in the government top and the other part is to be honest my r.v. is well on a strong enough at the moment to respond to the high and very very. how to say that strictly way of the politics of the chancellor. we also heard today
florian merkel defended her open door policy you know we remember one million migrants being allowed into your country in two thousand and fifteen it's something that she has gone flipflop a little bit on but really she has defended the last few weeks really strictly she also said though that she wants tighter e.u. border controls you know how do those two things work together if she hinted at a policy change here. yes she just changed a little bit. but she's they would tell it's because if she says maybe i was wrong then people say that's not a good thing really maybe you would rather party she has to say yes i did well i was evidence that maybe you can change a little things for example do you control who support us how do you think the election the whole campaign has gone from from your perspective from the country of
germany perspective because from an outside source we're looking in it seems very dine cast not a lot going on it seems as if the other parties or some of them have thrown in the towel can anyone catch merkel's party in the election can anyone make inroads on the christian democrats i think at the moment there is no possibility because i told you the media the political discussion over germany they also say i'm going to argue is very very little known and people like you are going to see today not everyone likes certain. ideas so i believe of the moment the biggest success for the translators into a position is in a bad condition ok well thanks very much for your take this hour florian veber chairman of the very party thank you. moving on now spain's
interior minister has said method that security flaws likely played a role in the recent terror attacks in barcelona and cambodians he explained that the alarm should have been raised after an explosion at a house just the day before the atrocities took place. it is possible some checks were not made in this case and we will have to determinate how we can know why this is happening again the spanish interior minister was discussing they're promising a review of procedures and that's because he says they need to look at exactly what the controls are and if those controls need to be changed one of the things they will be looking at is how this terrorist cell in spain was able to get hold of bomb making equipment including one hundred and twenty gas canisters without reading any suspicion or tool with the authorities now the spanish interior minister then went on to talk about the a mom whose remains were found in that house which exploded the day before the
attacks in barcelona and cam girl saying that in his mind that there were no suspected links between that a mom who's of moroccan origin and any radicalized groups now that is in complete contrast for what we've heard previously from belgian officials who actually say that that in more of a moroccan descent was actually flagged up by elders of a mosque in belgium when he was preaching there the elders concerned about the type of preaching that he was making saying it was radicalizing and polarizing the people at that particular mosque so the question about whether those concerns were raised to the authorities at the time and if they were whether that was then passed on to the wider thora to a larger database of people who are watching potentially people who are radicalizing others now the spanish minister will meet his counterpart elated today from morocco to discuss possible cooperation. with the security
between the two different countries but the big question remains is that house that exploded the day before the attacks in barcelona and campbell if the police had recognized early enough that this house. explosion was not caused by a gas leak which was initially suspected but actually was caused by an explosion bomb making equipment whether that then could have potentially allowed them to break this terrorist cell down stop the attacks the next day and potentially save many many innocent lives. the u.s. ambassador to the united nations sees something serious has to happen after north korea fired a missile directly into japanese or a space it landed in the pacific a by a thousand kilometers east of the country's mainland nikki haley intends to urge other countries to take a tougher stance against pyongyang of the op coming un security council meet
russia's foreign minister also brought up the latest developments on the korean peninsula his meeting today with the prince of abu dhabi. been following circular strip. moscow is being very careful when it comes to threats against north korea and surrogate allowed robb's latest message to pyongyang during his trip is the usual and perhaps most evident we as international community at the u.n. agreed on where pyongyang mustn't cross the line so please stick to that. suit because we insist our north korean neighbors who live by old the u.n. security council resolutions this is the position that will stick to the u.n. security council meetings and will do so at the meeting that is now been suggested of the recent missile tests by north korea no surprise the u.s. president's reaction to north korea's newest toy launch somewhere towards japan was
much more harsh donald trump blamed came john for signaling his contempt for the neighbors and here's another quote threatening and destabilizing actions only increase the north korean regimes isolation and then came the usual threat again all options are on the table speaking of lies in the region the u.s. along with south korea went for drills there just last week and now after young gangs latest launch more drills this time by japan and south korea and in the meantime here's the message that china sent out to all the parties in this conflict and china only parties concerned to do no more to provoke and ask. we hope all the parties can remain restrained and work together to maintain the peace and stability of the peninsula. this essentially echoes some of what russia
has been calling for all along less threats from all sides less things from all sides that can provoke military action and of course pyongyang must abide by those u.n. resolutions asia affairs analyst under lung to list their latest military escalation is pushing any peaceful solution further away and more career is still wants to talk to the united states and keeping up the pressure and is also intent on doing is. long distance the live resistance for nuclear weapons as a bargaining chip but i don't think it's liberal in moving to an all out war because it all war it's not going to do north korea any good nor would it do both america and good for both russia and china this situation is quite clear the whole thing cannot be solved. and this military confrontation is going to me matters
worse i think the position on both china and russia are very clear but then the whole thing hinges on what the united states is going to do and all the united states is coming up with is sanctions you know sort of and also military confrontation that's making matters worse. the saudi led coalition has admitted its strike that killed fourteen civilians in the yemeni capital on friday it was a technical mistake it also offered its condolences to the foundings of the victims hundreds in center turned out to protest riyadh bombing campaign some of the following images show graphic injuries this six year old girl survived the strike this by the apartment block she was in being completely destroyed this is her story . they know.
and every day. how do you know. she is the only child who survived the air strikes that hit the house and. all of her family died her father mother and siblings. we found multiple fractures in her left cheek as well as cracks in the bone round her eye and across her forehead. when unicef's representative in yemen told us about the shocking numbers of children suffering in the conflict actually we know that she was the beginning of the conflict in one thousand seven hundred twenty one she. almost three thousand happy medium for severely injured and also all more than one person they found had been looted as the result of that i did not close the camp in the last two months
have gone so the eight children have died and the belief by the actual figures may be a bit higher we really need to go on the good relations against. the country the only way to prevent these two men to this conflict otherwise many more children and many more will be trapped in that these last one hopefully will depart this how. old are these in the conflict to respect the international. tax on hospitals and. schools so that the costs would be spared meaning christ. to the us where police will once again be allowed to use military grade equipment after a new executive order explaining what that all means you're starting. president travel just signed off on this executive order on monday reversing his predecessor's ban on authorities using military grade equipment in the u.s.
now back in two thousand and fifteen barack obama imposed the band to prevent excessive force against civilians yet trump is rolling out the army gear yet again a variety of high caliber firearms and grenade launchers will be available as well as armored vehicles which are essentially tanks in addition to military helicopters and police will also be issued with camouflage bulletproof equipment and even bayonets for close combat attorney general jeff sessions called called the move a life saving for police however some believe that the new executive order is a vast overkill as the police are already over militarized this all comes amid heated violence and civilian clashes in charlottesville and more recently berkeley examples of where the aforementioned weapons could potentially be used the country seems to be massively polarized at the moment so what this new development is unknown the question remains however will police use the arms at their disposal.
the taliban. explosion in the capital of us left five people did several more injured the suicide bombing hit a nerve near the u.s. embassy and a number of other diplomatic buildings in kabul journalist. brings us more. we know from kabul police. suicide attacker who had explosives in his backpack was identified by a guard at the new kabul bank almost twenty to thirty meters from a suit square a little bit more from the u.s. embassy would sexually quite forty five and have really protected and he managed to determinate as explosives this is an area that is very much central there's a lot of security the people of afghanistan don't feel safe in cities in villages in districts in the highways and unfortunately i think that's the challenge for the
afghan government and its western allies to really deliver on providing a security lee attack comes just a week after don't trump announced his new war strategy for afghanistan. we will also expand authority for american armed forces to target the terrorist and criminal networks that so violence and chaos throughout afghanistan organizations like the taliban or weisel in afghanistan sometimes called. these organizations don't send email to send messages like this and there's no question there's a link to what trumps just recently announced with a new program and i've got somebody but there's something else you've got to look at those well is the trump has made he has pinpointed one of the big problems that his campaign will confront which is the role of pakistan he's threatened pakistan to withdraw one billion dollars of aid if it doesn't get into line and his own government forces crack down on those afghanis and taliban pakistan or the taliban
on the border and that's key to really winning anything so if that was to happen if the pakistan government actually did crack down on the taliban on the border you can assume that the pakistan taliban would be much more galvanizing much more supporting of the afghani campaign in afghanistan against u.s. coalition forces so i think there could be a message in the attack against the diplomatic community all of them are going to do. a crucial part of a bridge that will connect mainland russia on crimea has been installed by russian engineers the first ship has already passed it on almost three hundred meter long real way arch is in place about thirty five meters above the current strait construction engineers had to work in a very slow pace due to the immense weight of it taking them twelve hours and needing a dozen lifting systems it is said to be one of the most ambitious projects in
modern russian history there crimean bridge will have a four lane highway and the two lane real wrote on is scheduled to be fully operational by twenty nine. you can join in the bait on any. those stories on our facebook page this is art. geysers financial survival guide the liquid assets are those that you can convert into caste quite easily. to keep in mind though as if i'm into a place to watch guys or for. the two thousand and eight economic crisis turn some countries into pigs these are the countries with weaker economies that needed austerity policies if you are in
a situation of flow bloat even the recession austerity is a very bad idea it doesn't work and it makes millions of people very unhappy those who are unemployed see their wages decline almost a decade how good are the results. of these will by the people gathered in greece to watch the world get people to see what i. believe will be she was i mean to for legal. challenge must. think it's just something and not getting paid while the same mission is still in place to one of the consequences is to weaken blue bird flu disputable who will first one of the suits the truth be considered is that the consequences are actually quite acceptable to the decision makers.
greetings and sally. patients pull up any major action movie in the last half century hawk watchers and you can you can probably be pretty guaranteed that about half the city is going to be destroyed before you reach the end credits watch almost any michael bay film or ninety's aarakshan pick and you'll see the same formula destroyed city kill bad guy walk off in the sunset with plucky sidekick and super attractive costar who is in this dress for most of the movie. what's often left out of these films or at least barely acknowledged in any real emotional way is the civilian death toll that every john mcclane or james bond leaves in their wake a family crushed by the plane vin diesel just blew up over los angeles to kill a scenery chewing gary oldman it just doesn't make for
a good popcorn experience in action films but if you think if you think hollywood is bad at recognizing real world consequences nobody and nothing nothing holds a candle to the head in the sand act the u.s. government and the pentagon plays when it comes to the deadly consequences of blowing up cities to kill bad guys and there was never more on this play than in the three months each taking place in the syrian city of rocco where coalition forces have been bombarding the city with air strikes some of the auspices of destroying isis the loss of civilian lives as gotten so bad that we had one anti isis syrian activists from rocka told the intercept that quote the airplanes are heavily striking the city and many of the places they are targeting are empty of isis fighters and full of civilians the number of civilians being killed today is much more than the isis members. but but if you're not talk watch your spear not
because our action hero secretary of defense and james mattis promises that the innocent civilians in iraq i know the difference between the good guy the prizes their mother and the bad guy that baby arrives as their brother he told reporters quote we're not the perfect guys but we are the good guys and the innocent people on the battlefield know the difference. and then secretary mabus marched off into the sunset with jonah hill cracking wise biocide and megan fox on those are. well let's start watching the hawks. as a lot of. you know that i got. three .
weeks. well everybody was in the dark so i am tired and out of the wallet. this is. how do you miss that why are black why are we dropping bombs on places that it's got to finish up the pack up and that she had to say oh you know you got me behind it really is astounding we were really about it this morning everywhere they would you would you have a secretary of defense who really actually believes that the people who are on the ground being rained you know with bombs dropped or cafes blowing up next the. terrorists or u.s. warplanes or all that can actually tell the difference between like like it's like oh well the good guys drop that bar so we won't be as mad. that's the ideology that they really think. so so what we're saying is that matter doesn't
understand how war works how terrorism starts. you might want to you might want to look that up you might you might want to spend a little time thinking about that because now when you have people going in and investigating which there has been a lot of talk where are the death tolls why is this what's called what's really going on and so donna heller of arrow is a senior crisis response advisor at amnesty international she led the on the ground investigation into what's been going on there and what she had to say as the battle to rest from islamic state intensifies thousands of civilians are trapped in a deadly labyrinth where they're under fire from all sides so the u.n. estimates that there's anywhere from ten thousand to fifty thousand and a sense of million still trapped in iraq so a lot of them most of them are thought to be sort of holed up are being held as shields but either way you you have the last isis members them innocent civilians and you're dropping bombs on virtually whoever's left over it really is ridiculous
and we've seen this from from almost every side of the syrian conflict when it comes to dropping bombs in a place where there's you where. everybody's been dropping bombs and then in country you see it in yemen saudi arabia you know there's this idea of the bombs are perseveres and they're just not like i mean ok yeah you might be a you know maybe more times than not you get hit in your caravan of bad guys but at the end i care i'm in a bad guys in the middle of the desert is a little different than a neighborhood a block exact at all of a city doesn't really people you look at war one of the things about foreign really for me is how the media kind of covers this because it's like you know you look at another quote you know what they love to quote when it came to you know bad things of the sob to do is people that the britain based syrian observatory for human rights we all right you know now they're having to report the airstrikes and rockets. last month killed forty two civilians including nineteen children and
twelve whatever the are diverse group rocco's being slaughtered silently said thirty two people were killed of airstrikes in one neighborhood alone and all the u.s. led coalition because what's happening is you have what the people that we believe are the moderate rebels on the ground calling in the airstrikes so you know you hope that these sometimes okada members sometimes and i don't know i'm really confused about who's on what side over there at any moment as we will or you are calling them strikes on isis or they could be calling them strikes on people they don't. like you were amiss with where now they're fighting we're just throwing weapons out and seeing what happens and it's not just these airstrikes and it's also the actions of people on the ground because one of the issues has been keeping you know in any war you want to keep supplies away from those who are fighting and obviously you go so part of the deal was that
a survivor said told people to stand or national the coalition forces were targeting both anything that was trying to cross the euphrates. on july second a coalition commander u.s. lieutenant general steven j. townsend says. he told the new york times on july july second we shoot every boat we find so that is so route is is an escape route for refugees this is indiscriminate attacks on both is making it harder for people to get out and once all of that rubble that we see is earlier and you're going to find a lot more people you're only how to bodies they can find and identify now once you're there about it but it's going to get awful. first they came for the offense of social media then they came for the statues the now they've come for the movies the orpheum theater in memphis has been showing the oscar winning gone with the wind as part. it's classic series for thirty four years but today after
its screening two weeks ago they announced the film will be polled in the future due to overwhelming criticism on social media so as the nation struggles to decide what monuments are acceptable for public display and what degree of controversy we can tolerate and social media. reports on the latest front in the modern era culture wars orpheum theatre group in memphis tennessee has screened the classic film gone with the wind each of the past thirty four years now this year screening on august eleventh coincidentally coincided with a white nationalist evening march in charlottesville virginia ahead of a unite the right rally that ended in three deaths according to theater group president brett patterson the screening prompted numerous comments that led to a decision not to run the film next year patterson said as an organization whose stated mission is to entertain educate and enlighten the communities it serves the orpheum cannot show a film that is insensitive to
a large segment of its local population the one nine hundred thirty nine film takes place in the american south against the backdrop of the civil war long criticized for glorifying slavery when orpheum theatre group announced its decision to pull the movie memphis resident wendy thomas praised the decision on facebook saying slowly but surely we will rid this community of all tributes to white supremacy but backlash after the announcement was much louder katie hydro not sure if anyone really complained or your theater just decided to be coward sheep and given to mad this way you should be ashamed underneath dixie grey pointed out how do you make daniel was the first black american to win an oscar with her costarring role as mammy in gone with the wind i guess her achievement is also gone with the wind sad how to make danielle was not only the first african-american to win an academy award she was also the first to be nominated for acting. it would be more than two
decades before another african-american actor would win and the comments continue to pour in with outrage and calls to boycott the theatre orpheum c.e.o. said the screening of this film is something that's questioned every year but the social media storm this year really brought it home we reached out to theater representatives for reaction to the backlash against their decision and have yet to hear back in washington cmon dollars r e o r t. fascinating story fascinating story you know to me there's a difference between a statue that commemorates someone like robert e. lee a general someone who slaughtered people someone representing you know an ideology and then but a movie ultimately you can't escape the fact it's a piece of artistic expression right so that's different that's not saying we're honoring something that's making a movie about a book about a time frame of us history right and this is the thing about that movie is that
it's not as if the slave owners it's not as if the white people come out looking so great on a good boy i mean it really shows how utterly ridiculous that all was and hit on some really important issues that the book and also the movie they did that also here's the other flip to this too is that i understand when people say this statue in that part bothers me i have to walk by that she was going to praise they are like our wonderful kid you know better exactly general that's different. book you choose to go into the theater and watch you choose to pick up the book and read it and to me it's like it for every time you want to criticize the right for you know being morally superior oh you know this books has sex in it or this book has witchcraft it like harry potter you know care every time of that side tries to say we need to get rid of this book or not let children superband the book now you have the love doing this extreme thing or saying ok this movie that took place that was you know written in a time in history about
a time in history now we need to boycott and ban and not let this movie because of them as ridiculous as well i wonder how much of this is actually a group of people who are really upset and how much of it is people are people who are more on that right who are in the new free speech movement where it's not really about free speech it's really sort of making a point how many of these people online and how many people are just doing it to make the point like well well what would you do if we said you can. i got not the wind i mean the internet is one of those places where people don't do things because they really believe it they do it because then everyone else is and you get out of. the fire store and you know i look this theater it's a private business they can choose to show this or not they can take it down or might not choose to show it that's their right as a private business let's not forget that but to me i think you know it's a different it's apples and oranges and i'm talking about something that you have to walk by that's locked into the public sphere and something that you have to physically go buy a ticket to go in and see no one's forcing you to see this my tax dollars are
paying to keep it. all right as we go to break court watchers don't forget to let us know what you think of the topics we've covered on facebook and twitter see our poll shows that are dot com coming up radio host author and sociobiology. to discuss the dangers and the future of predictive analytics it's fascinating you don't want to miss and stay tuned to watch from the.
the modern era is often referred to as the information age and for good reason as coders replace factory workers and algorithms push out heavy machinery we truly live in the area where data reigns above all as a socio biologist and futurist rebecca cost us so eloquently put it in our book on the verge every day our ability to anticipate future outcomes grows more acute more all encompassing and extends further out this sea change has a quip today's leaders with previously imaginable power the power to respond and shape events before they occur we stand on the cusp of what darling darwin himself might have called pre adaptation the ability to adapt prairie we sat down with cost earlier to discuss how the modern deluge of information is changing our ability to shape the future. well i think data is forcing our hand as you know we began with
data production that became the name of the game in the seventy's and eighty's and into the ninety's and then after that we had so much data we couldn't really put it to good use and so we went through a data analysis phase but we've now moved out of data analysis into predictive analytics models which allow us now to forecast with. dented accuracy in other words the future you know as much as we like to say the future is unknown there could not be a more false statement the future is in fact unknown and once you know what the future is it dramatically affects how you make decisions today and that is what our leaders are up against and i can give you some examples if you like put into place too. so let's talk about for example the opioid epidemic right
now several industrialized nations are trying to deal with people who are started out with a prescription drug and now are hopelessly addicted to opioids it turns out the company name fuzzy logic so i don't mind using their name they by using medical records and looking at public activities behaviors of human beings they can identify up to eighty five percent of those people who are predisposed to become opioid addicks so that that first doctor's prescription need never be written in this way we can get out ahead of our problems we don't need to have these problems because we have the analytic ability now to prevent them. and it's interesting you brought up fuzzy logic speak as they started in the health care field and then now they they actually do predictive modeling for financial
sectors banking. retail all of that and predictive modeling has been very helpful in getting diabetes health related things we're now able to see a little bit better but what i wonder what the consequence is because getting the data is not a problem we sort of give that out for free in our daily lives of social media and everything else what are the consequences of having that kind of power to be able to model these things and predict things with data. and what are the long term effects that that kind of power has on leadership. well it has a tremendous power because it means that those with the data and the analytic abilities those with the predictive models will dominate let me give you an a another example in business a business example because of health care we could look at the fact that we now have genetic profiles on people and we know the previous. position that they have for certain diseases certain cancers all timers even baldness at the time that
they're bored we can do genetic testing and then we can act prophylactic lead to help them in many cases we can do certain kinds of genetic treatments to prevent diseases this is a power we never had before and so we can easily understand that health care but let's look at business once businesses and i'm talking about the largest retailers in the world discovered that as the climate warms milk production in cows goes down so as the season warms up their productivity in producing milk starts to go down as soon as they saw that relationship they began tapping nasa's meteorological data and then locking in milk prices before it temperatures went up while the other bats that's getting way out ahead of the curve and so the people who have these predictive models are able to use these models to eliminate all
risk and now their words predictive analytics is the and of risk. through using these insurance companies will no longer have group health care programs they'll have individualized programs that will have absolutely zero risk because based on your your behaviors the environment that you live in and that you work in based on your genetic predispositions all that data will come together and they will be able to put it insurance plan together that is uniquely adapted to you i have to because asylums both are incredible but also. we haven't i mean but it just kind of curing us of this is a very you know futuristic can predict them seems also a little invasive with the amount of information that they would have are there any you know downsides to corporations or political leaders or whatever are having this kind of you know ability to see into the future so to speak with what would be the bell and sides i get asked this all the time that i have to say that any time we
come up with any new technology anytime we progress in society there's going to be a downside someone's going to abuse it i mean that would be like saying you know what if we only hadn't come up with the internet we wouldn't have hackers critical and true. if we want to have hackers without the internet you know and we would have people we would have identity theft yes there's always the potential but we can't allow the downside to prevent humanity from progressing what we now have in terms of data allows us to evacuate entire cities in advance of hurricanes as we see going on right now it allows us to to forecast diseases in advance it allows us to to take action when a currency like the euro is being threatened by the debt of greece those were all predicted boggles what i don't think people understand is this is happening now
this is not science fiction this is not going to happen in the future businesses are using predictive models to. day as we speak so is health care so where the fine is so is the financial industry every industry and every leader every economy will now be able to do something in the present to affect a future outcome now think about this think about this this means that we now are taking action over events which have not manifested yet they haven't occurred yet and this automatically throws it into a political argument doesn't it because half the people are going to say that's never going to happen and the other half are going to say yes but we have data and it is going to happen which is exactly what's going on with climate change it's become a political football you know you're exactly road exactly with one of these things that that sort of gets me is when you read all the self-help books you know it's all you have to do is do you something ten thousand times or get
a certain amount of habits and then there's all this success but failure which is you know failure is the opposite of set of success it's what most of us are trying to avoid we don't want to fail but all failure isn't created equally how has this you know predictive modeling and big data and the study of it change how we look at how we should look at failure. well one of the things i explain to people is is that in a highly complex environment you have to make friends with failure and that is because the definition i use of complexity is there are more wrong options than there are right ones and the number of wrong ones are growing exponentially now in an environment like this you can't stop and try to call it right. what you've got to do is what you do with your investment portfolio as an example there's an example of a complex dynamic environment certainly you don't go out and put all of your money
on one stock if you have then good luck to you you're just gambling but what you do is in a complex environment you spread it around and as bonds go up stocks come down maybe real estate investments go up and stocks come down you know you hope to have a nuff diversity that you're going to come out ahead in the end and that is also true and in any kind of complex dynamic environment like the one that we're going through right now until predictive analytics can for certain predict the outcomes of virtually everything we are left with trying to advocate a very complex environment where there are more wrong choices that there are right ones and the best way to do that is to use diversification even venture capitalists only get it right ten or fifteen percent of the time and think of the due diligence that they do right so you know you're not going to call it right all the time make
it allowance and make friends with failure but here is the key fail fast and move on good bad lead bad good very good bit of advice fail of a move pick your cell phone keep going or they're going to. read about. one final question because this kind of struck me is weird of something like what you know a chaos theory into predictive analytics knowing that the predictability of the unpredictability of the world were those that fall in predictive analytics. i will tell you that there will be no more and predictability we will know the outcome of absolutely everything in the future the only question that remains is will we take action you know where we're finding out in the to. heiress attacked in barcelona in the paris terrorist attacks in two thousand and fifteen as we go backwards we find that these terrorists gave us every clue we had warnings on the two thousand and
fifteen paris attack from from turkey and from iraq they knew exactly the sounds they knew the actors but the problem is that we find out about this after the fact and so the real question is if we have the data if we know the probability is in the ninety nine percent trial that these no farias actors are going to committed an act what are we prepared to do great question to rebut could cost american social biologist host of the some because of radio program the cost reporter and author of a new book the words awesome interviewer thank you so much for coming on very very very interesting stuff. thank you so much for having me i appreciate it. a former staff member of the british embassy in paris said on facebook recently that french politicians all look like film stars whereas the stress and fatigue apparently hiding under a lot of very very expensive makeup former president spent
a famed eleven thousand dollars a month of french taxpayer funds on a hairdresser while simultaneously pushing through bills that would diminish the rights of workers in the nickname shampoo socialist not unlike his predecessor nicolas sarkozy who is penchant for luxury vacations and pricey ray-bans turned more than a few eyes sideways when he spent eight thousand dollars a month on his make up now french president emanuel. is letting his aristocratic swagger shine through with a big beauty bill of his own french magazine lapointe reported that the president spent nearly thirty thousand dollars on a private makeup artist during his first three months in office but his stint housewares the expenses were a manner of. see and let it still less than what is his predecessors and i don't know maybe i was born with it maybe it's just vanity i think vanity i
think most politicians kind of err on the side of bad of these days when you really cut down with the house and that's a lot of money a. lot of money clearly look as good as these two and there's not even any way glitter. or a bit doubtful that is cars over the way everybody remember in this world we're not told we are loved and up for it so while i love you i am i robot and i'm top of the wild watching those hawks out there of a great night everybody. bustling
the dubrovnik in venice are all fixed travel destinations so it must be nice to live or is it. crowds of tourists disrupts the city's economic and social life to live for us on this unless i'm going to take all such as the. sun not as. soon as we spend on a school but there's a. mile of cities tried desperately not. the collapse. of. what was. probably a. couple. in the bush.
is a tourist phobia phone tone identity. breaking news this hour u.s. led coalition forces exchanged fire with turkish rebels in northern syria as the proximity of various campaigns in the region begins to. the german chancellor is heckled a campaign rally after seeing diversity makes germany more colorful. yet again defended her open door policy. spain's interior minister admits not a security failure may have allowed a terrorist cell to launch attacks in barcelona. earlier this month.
also coming up in the program this hour as russia calls on north korea to abide by un resolutions following the latest. washington stresses not its serious action against the hermit state. just after ten pm this choose the being here in moscow good to have your company my means you not only go on you're welcome to r.t. international we begin without breaking news from syria this hour where you. led coalition forces have exchanged fire with turkish rebels near the city. well let's bring in our team. for more we know washington and grow their nato
allies but relations have been strained. today's actions aren't going to improve matters what do we know well it's a very complicated situation of course in northern syria and the coalition spokesperson actually confirmed today that u.s. backed forces have clashed with pro turkish troops not once but multiple times in recent weeks. patrols that have been conducting patrols in their area to keep tensions down received multiple times over the course of the last two weeks now the u.s. has already responded warning turkey that to pull its rebels that they support in the area back into line saying that attacking u.s. forces of is of course not acceptable the spokesperson added that patrols will continue however and that u.s. backed troops are ready if need be to defend themselves and this is those of course
not the kind of dialogue that you would expect between close friends and allies but the fact is the situation is extremely tangled the u.s. is fighting eisel with the support of kurdish fighters who of course do not get along with turkey and the rebels that they back to say the least turkey in fact considers the kurds to be terrorists and the u.s. troops are sort of caught in the crossfire it seems up till now america has managed to navigate the murky waters between its allies keeping them both happy but conflicts like this one have really been a long time coming. ok that's the latest from our correspondent in washington d.c. . thank you. now we move to another headline story germany where chancellor angela merkel has been heckled on a calm paying rally with the election in just under a month's time cried to her by merkel saying germany is more colorful with greater
diversity. thank you. when it comes to tough crowds this was probably around the toughest i think i've ever seen a certainly a sitting politician receive one of their own rallies just as soon as i opened her mouth and said hello brandenburg she was greeted with an absolute chorus of your booms and whistles her supporters certainly being drowned out with any applause and at times the chancellor's own statements been dampened by the cock often eat that was coming from the crowd earlier on tuesday though i had a much more well of hospitable stage to speak to the german people from she was talking to the gathered press. and you all summer press conference in it she touched on a number of issues relations with poland and turkey neither of which are pretty
really very good right now here in germany border controls throughout the end zone and she also said that she did not regret any decisions that she made back in twenty fifteen with relation to the migrant crisis and her opening of the borders to people to come here to germany she said that when it came to the major decisions she would make them all exactly the same again that's all well and good now but in the very recent past she has said something very different the sentence we can do this is part of my political work but so much has been read into this every day expression it has become a simple motto in the discussion around it has turned into an unproductive endless loop we didn't embrace the problem in an appropriate we the reason for that seeming change of heart may well be the polls angle or merkel certainly didn't receive a very good reception in brandenburg on tuesday evening but if you look at the polls from across the country she's sixteen to seventeen points ahead depending on who you look at and at the moment it doesn't look. nearest challenge is the social
democrats on the martin schultz and going to get anywhere near her despite angela merkel being almost nailed on to win it according to the polls after the reaction she received in brandenburg on tuesday night the month can seem very long in politics indeed well a cain today as the german security service has revealed they have foiled a right wing plot to kill left this politicians two policemen were involved in the plot the motive behind it was the dissatisfaction we believe with merkel's open door policy earlier column break talked a byte that campaign on the deadly plot against politicians with one of the deputy presidents of the alternative for germany party. plots against the leftist politicians believed to be rooted in germany's migrant policy it's something that's been divisive a deeply emotive but now that it's got to the stage where people's lives are being
threatened just because of their politics doesn't it suggest to you the parties with fiery rhetoric over migrants and the migrant issue has gone too far. we have a lot of tension also start to i know a lot of tension in the extreme never experienced before and this is to do with my my question is why is this we still have migration to us is. your money you see a lot of sexual harassment. coming from afghanistan coming from pakistan coming from becomes reste and there is a lot of tension or society you are in now just a few weeks away from the election it still seems that voters prefer angular merkel's hand on the rudder when it comes to all sorts of things it's not just migration rather than parties like yours. well. you actually shouldn't have in mind how hard he is. also by it is to have at least.
there was. actually knoll positive news coverage of all at all oh of pot it's quite successful to the. citizens of germany. strictly democratic force which is actually again strongly against any kind of extremism and any kind of political violence to be just wants to be a force. in the parliamentary system of germany we don't want to change the system we don't want to turn down the system. ok back to our breaking news story from northern syria u.s. led coalition forces have exchanged fire with turkish bacque rebels near the syrian city of the are of course allies turkey and america so for more on this let's go
to emory chillis kaun who's quarter of the book the new turkey and its discontents you're welcome to the program and do you think this was intentional or otherwise because the u.s. coalition spokesperson said exchanges of fire hov happened number of times already does that suggest that there is some kind of intentionality here. it is indeed i mean this was the case in terms of pollution between turkey and the united states then beach police to such an important role from the eyes of the turkish possibly because they don't want any y.p. g. forces in this area why p.g. the kurdish group turkey blames that they have directly it links with typically his party and then the american defense minister secretary came to visit on her last week this issue was on the table between the two sides and clearly it's very early
for speculation because turkey is tight on color hasn't anything about this incident but there might be two things on the table first of all there's a lack of actually cooperation between the two sides basically turkey doesn't inform the americans or do i said or so or the second option might be this might be a mistake and of course there's a third option which is more dangerous if he does not control the syrian army any more this would be. action against the americans but if i think it is quite early to talk about or to speculate it think it's the haven't heard anything from the on site do the two nato allies go from here can crow in washington overcome yet another dip in relations that has been going you know hard since the attempted coup when america their reaction to it so this is yet another factor in relations isnt it. it is i mean it is clearly today indigenous united
states and american interests are not anymore overlapping because for the future of syria turkey iraq turkey is interest of all quite different and american ones but this is already started with the op rising of the arab spring the two sides were in same page but burnt out the conflict turkey and the united states found each other in different page. if you mentioned the coup was a mental bill in the relation between two sides and the question may be here is turkey capable of doing think you literally begin to pick a presence or wipe your presence in syria or iraq and given the condition of the turkish army after the coup turkish army also turkey cannot actually attacked or. take action against what would you forces inala to turkey cannot go
against the united states so i think turkey's position can be best example wait and see and try to be less visible as much as possible one of the other aspects of course this is communication or lack of of the different parties operating in syria some invited by the syrian government some not. all communication have to improve after increasing incidents like this because the odds are a serious incident is going to happen soon. you know of course you should keep in your mind that turkey is a nato country and the u.s. led operation in mosul nato taking part in the operation but it's also really surprising hold on boat this could kind of excellent take place in two nato forces so this is clearly a if you merchant idea disappeared just
a mistake or dispute could be. kind of clinical from occasion and this came at a time when turkey in turn to it too small to creation in syria to draw my feet clear meters learned in the syria which we actually initiated this on photo you want to control the area like a safe zone for its own interests but this would be a actually a small message from the united states to get into into the bigger conflict for this kind of exchange of the messages on the stage not behind the doors actually which is also interesting yeah very interesting take there from co-author of the book the new turkey and its discontents we appreciate your time this hour. spain's interior minister has admitted that security flaws likely played a role in the recent terror attacks in barcelona cumbrians he explained that the old should have been raised after an explosion at
a house just the day before the atrocities took place. it is possible some checks were not made in this case and we will have to determinate how we can avoid this happening again the spanish interior minister was discussing they're promising a review of procedures and that's because he says they need to look at exactly what the controls are and if those controls need to be changed one of the things they will be looking at is how this terrorist cell in spain was able to get hold of bomb making equipment including one hundred and twenty gas canisters without reading any suspicion or tool with the authorities now the spanish interior minister then went on to talk about the mom whose remains were found in that house which exploded the day before the attacks in barcelona and cam girl saying that in his mind that there were no suspected links between that a mom who's of moroccan origin and any radicalized groups now that is in complete
contrast for what we've heard previously from belgian officials who actually say that that in more of a moroccan descent was actually flagged up by elders of a mosque in belgium when he was preaching there the elders concerned about the type of preaching that he was making saying it was radicalizing and polarizing the people at that particular mosque so the question about whether those concerns were raised to the authorities at the time and if they were whether that was then passed on to a wider thora to a larger database of people who are watching potentially people who are radicalizing others now the spanish interior minister will meet his counterpart related to day from morocco to discuss possible cooperation. with the security between two different countries but the big question remains is that house that was exploded the day before the attacks in barcelona and cambra if the police had
recognized early enough that this house. explosion was not caused by a gas leak which was initially suspected but actually was by an explosion bomb making equipment whether that then could potentially allow them to break this terrorist cell down stop the attacks the next day and potentially save many many innocent lives. the u.s. ambassador to the united nations says something serious house to happen after north korea fired a missile directly into japanese space it landed in the pacific around a thousand kilometers east of the country's mainland the u.s. envoy nikki haley intends to urge other countries to take a tougher stance against pyongyang of the upcoming u.n. security council meeting russia's foreign minister also brought up the latest developments on the korean peninsula his meeting today with the prince of abu dhabi
has been following serbia lavrov strip. moscow is being very careful when it comes to threats against north korea and surrogate robb's latest message to pyongyang during his trip is the usual and perhaps most evident we as international community at the u.n. agreed on where pyongyang mustn't cross the line so please stick to that. suit because we insist that our north korean neighbors who live by the u.n. security council resolutions this is the position that we stick to the u.n. security council meetings and will do so at the meeting that is now being suggested of the recent missile tests by north korea is no surprise the u.s. president's reaction to north korea's newest toy launch somewhere towards japan was much more harsh donald trump blamed came john for signaling his contempt for the
neighbors and here's another quote threatening and destabilizing actions only increase the north korean regime is isolation and then came the usual threat again all options are on the table speaking of. the region the u.s. along with south korea went for drills there just last week and now after youngins latest launch more drills this time by japan and south korea and in the meantime here's the message that china sent out to all the parties in this conflict that. china is only parties concerned to do no more to provoke and ask. only parties can remain restraint and work together to maintain the peace and stability of the peninsula. this essentially echoes what russia has been calling for all along less threats from all sides less things from all sides that can
provoke military action and of course pyongyang must abide by those u.n. resolutions. first expert on long to list the latest military escalation is pushing any peaceful solution further away. more career is still wants to talk to the united states and keeping up the pressure and is also intent on doing. long distance the livery systems are for nuclear weapons as a bargaining chip but i don't think is the moving to all out war because it all war is not going to do north korea any good nor would it do. any good for both russia and china the situation is quite clear the whole thing cannot be solved. and this a military confrontation is going to make matters worse i think the position on both
china and russia are very clear but then the whole thing injures on what the united states is going to do and all the united states is coming up with is sanctions you know sort first and also military confrontation that's making matters worse. the saudi led coalition has admitted its strike that killed fourteen civilians in the yemeni capital on friday was a technical mistake it also offered its condolences to the families of the victims hundred since an hour turned out to protest riyadh bombing campaign some of the following images show graphic injuries this six year old girl survived to strike a spike the apartment block she was in being completely destroyed here's her heart wrenching story. they know. each. and every gate. and now she is the only child who survived the air strikes that hit
the house and. all of her family died her father mother and sibling. there had. been we found multiple fractures in her left cheek as well as cracks in the bone round her eye and across her forehead. pictures unicef's representative in yemen told us about the shocking number of children suffering in the country. we know that since the beginning of the conflict in one thousand seven hundred twenty one she is. almost three thousand happy medium or severely injured and often saw more than one person the kind have been rooted as the result of that i did not close the camp in the last two months have gone so that the eight children have died and the belief by the actual figures may be
a bit higher we really need to go on the nations against children in the country the only way to prevent this is to demand to this conflict otherwise many more children and many more will be trapped in that these last one hopefully will depart this have with all the artists in the conflict to respect the international. tax on toast be done and. on school so that the class with these government in christ. to us again where police will once again be allowed to use military grade equipment after a new executive order breaking down enough for us r t sim your account. president trump just signed off on this executive order on monday reversing his predecessor's ban on authorities using military grade equipment in the u.s. now back in two thousand and fifteen barack obama imposed the band to prevent excessive force against civilians yet trump is rolling out the army gear yet again
a variety of high caliber firearms and grenade launchers will be available as well as armored vehicles which are essentially tanks in addition to military helicopters and police will also be issued with camouflage bulletproof equipment and even bayonets for close combat turny general jeff sessions called for called the move a life saving for police however some believe that the new executive order is a vast overkill as the police are already over militarized to solve conflicts and he did violence and civilian clashes in charlottesville and more recently berkeley examples of where the aforementioned weapons could potentially be used the country seems to be massively polarized at the moment so what this new development would bring in known the question remains however will police use the arms at their disposal. another deadly day in afghanistan the taliban say he's exposed in the
capital that has left five people dead and several more injured the suicide bombing hit an area near the u.s. embassy and a number of other diplomatic buildings in kabul journalist below sorry house to. we know from kabul police. explosives in his backpack was identified by a. new kabul bank almost twenty meters from square a little bit more from the u.s. embassy which sexually quite forty five and heavily protected. he managed to digital. this is an area that is very much central there's a lot of security the people of afghanistan don't feel safe in cities in villages in districts in the highways and unfortunately i think that's the challenge for the afghan government and its western allies to really deliver on providing security.
will be attack comes just a week after donald trump announced his new war strategy for afghanistan he will also expand authority for american armed forces to target the terrorist and criminal networks that's so violence and chaos throughout afghanistan organizations like the taliban or i saw in afghanistan sometimes called i ask a these organizations don't send e-mail they send messages like this and there's no question there's a link to what trumps just recently announced with a new program and i've got somebody but there's something else you've got to look up as well is the trump has made he has pinpointed one of the big problems that his campaign will confront which is the role of pakistan he's threatened pakistan to withdraw one billion dollars of aid but doesn't get into line and his own government forces don't crack down on those afghanis and taliban pakistan or taliban on the border and that's key to really winning anything so if that was to
happen if the pakistan government actually did crack down on the on the taliban on the border you can assume that the pakistan taliban would be much more galvanizing much more supporting of the afghani campaign in afghanistan against u.s. coalition forces so i think there could be a message in the attack against the diplomatic community all of them are going to do. another story that's been in the news the last number of weeks and made a wave of resistance in the u.s. to confederates monuments following violence in charlottesville there seems to be a growing number of americans who want to express support for civil war symbols a confederate flag manufacturer who's seen a spike in sales this month says it's part of a backlash over the statues from of all. charlottesville surprised me i'll be honest with you not much surprised this may have seen a little bit of everything we saw people with flags but there wasn't a lot of talk about the flags but when the monument started coming down
particularly the it was shown over and over again with the monument crashing to the ground and. disrespectful and by and large the people that i talked to either throughout the showroom or on the phone or through e-mail are buying flags basically as a backlash against the taking down the monuments they can't buy a monument that flag is what they say earlier this month a white supremacist rally over the removal of a statue resulted in street brawls on the death of a counter protester in virginia some of the hate groups that took part in the on rest often display confederate flag during their rallies linda kennedy is the symbol shouldn't be used to further racist which. to me the flag is historic it is no different from a bitsy ross flag or a gadsden flag or a bennington flag or any of the other flags that flown during our country's history
. i hate that some of the white supremacy groups. the k.k.k. and all these other neo nazi groups have essentially hijacked our flag and that's how i look at it i look at it as what should be an illegal use of a historic object. thing in the u.s. the devastating floods in texas are not thought to have killed up to fourteen people as the area continues to be pounded by tropical storm harvey it's been downgraded from a hurricane but it's it's affecting hundreds of people the city of houston is one of the worst hit on floodwaters are expected to continue rising the damage from the storm is still to be assessed but it's already being compared to a. hurricane katrina back in two thousand and eight president trump is jus in texas shortly to be briefed on relief efforts if you haven't arrived there already but
shockingly for some the disaster has a political angle one twitter user praising the floods for cleansing texas of races that's what was written i'll bet you're glad that quote trump supporters could be affected some said voting republican could have brought this on texas to the go on lists charles or tell believes the nation should be united not divided in the face of texas first of all is not a state that is one hundred percent white by any stretch of the imagination there is a large minority hispanic population there is a large minority black population in texas this is a natural disaster it is caused untold suffering we still don't know how much damage is down there yet you know this is a time where people should really be coming together blaming a natural disaster of one hundred somebody because his or her political view views is stupid basically i was here in new york on september eleventh two thousand and one the outpouring of love and support and true help from around the world not just
from the united states to this rich city of manhattan was spectacular that's what houston needs us what texas needs and we certainly don't mean lessons from supposedly leftists that are really just hateful it's hate speech horrible. crucial part of a bridge that will connect mainland russia crimea has been installed by russian engineers and the first ship has already passed on neat that an almost three hundred metre long rail we are is in place to run thirty five meters above the curch strait construction engineers had to work at a very slow pace due to the immense weight of it taking them twelve hours and needing a dozen lifting systems big operation it's said to be one of the most ambitious projects in modern russian. history in fact the crimean bridge will have a four lane highway a two lane railroad is scheduled to be fully operational by twenty nine. we could
read more. whole project on a website or t. dot com a whole lot of other stories are waiting for you well this is our. ties or this is the kaiser report look at this look at this this is cheesecake look at that jason got a good look at this this is a key lime cheesecake look at that i mean it's totally out of it's terribly karalee
sick and the reason i bring this up is because. this really is inspiring to me i don't know i look at stacy and i'm thinking this is what i spoke to stacey this is what i see. cheesecake on stilettos that's what i see figure stacey apparently can i just have it. would be a marriage is all about. in the crypto world you can have your key lime pie and eat it too big coin bond launch brings digital currency step closer to world of high finance japanese financial information firm fisk zero announced monday that it is experimenting with the country's first bitcoin backed bond the news follows other announcements in the last several weeks for bitcoin options futures and an exchange traded fund tracking bitcoin derivatives and the us maps keyser derivatives market
entering the big space bonds futures is this a good thing bad thing would do you think you know this is amazing because i think of jim records i think of royce about the c.e.o. of gold money and jim records of course is a world famous author author of. gold plus currency war plus the everything stinks and we're going to hell i think is another one road to ruin road to ruin and of course jam first royce of was saying that you know tax factor for bitcoin is a vulnerability that will never be overcome and then you know one of these big blocks three and i confuse of blocks a block stream says we're going to launch satellites and take you know big into the satellite ray you know and bypass i.s.p. so that attack factors been dealt with then of course thinking like jim rickards all say jim bitcoins of currency and i'll say now there's no depth to it show me
where there is a big cooling bomb and show me a good coin both of those jim records ok i'll show you but going bob is right here in first and japan right here is part of multi-trillion dollar but actually go system that you're missing because you have orthodoxy that your own willing to challenge the same thing that most economists face as they say into the sunset of irrelevancy sorry buddy. that's just the way it is of course this brings liquidity to the market and this is often a big problem with big quiet you'll see it tumble by a ten fifteen percent in one day or go up that much in one day partly because of the absence of liquidity so do you think this will deliver liquidity to the markets yes that's the point the liquidity the depth of markets including all kinds of derivatives and bonds and everything you say in the modern financial markets are extending into bitcoin another question is would i buy
a big coin bob and the answer is probably not because i'd rather just on bitcoin a bond by definition you have a limited return based on the coupon of that bond whereas if you're going to buy big going out right you don't have any upside. cap you know you can just ride the price of bitcoin of course converse lee with a bond you're going to get your principal back at maturity so that's why people buy bonds but. in the case of bitcoin i have some of the key lime pie. having trouble breathing this is pretty gross you know to the international audience watching us here but not a lot of people just to have a sympathetic reaction anesthesiology i think it's called where your vision mixes with another sense in this case your sense of smell so people actually just smell of key lime pie and they're all a factory census collectively they're going to go they're going to run a key lime pie i predict if you do go search on google key lime pie cheesecake tonight you'll see a spike based on my burke right anyway so you know there is another group of people
who will say well now that there are going to be derivatives in futures and bonds and all sorts of paper contracts available on big coin just like we saw in the gold and silver market say bankers will enter and start manipulating you defrauding other investors in the market by using the paper to set a paper price rather than physical price well i think that's interesting because in the gold mining industry there's a lot of turncoats a lot of people in gold mining industry we saw this with american barrick for example they would hedge their output of gold and they would be in cahoots with the wall street bankers taking a quick buck and destroying the gold market as we know it and this is endemic across the gold mining spectrum in the in the industry a lot of sellouts people it could go for example they write a lot of slam pieces i'm not sure why lists are doing some underhanded business over there which i suspect but with bitcoin you have really zealots that are going to i think resist the approaches from wall street scoundrels and they're going to
let this thing ride you know we've got to get two hundred thousand dollars per bitcoin to capture approximately twenty percent of the market cap of gold i think. on over a bit maine says she didn't mention that notion as you know. he's gone jihad in the big clients face i don't know there's a there's a guy who could be you know a potential threat you know bit coin cash. you know things are happening but there's even that the thing is that they're the whole market entering into such a wall of fraud in the derivatives industry you could have the worst banishment on planet earth of the big client space and still you could get to a trillion dollar market cap the market cap right now is about seventy four billion dollars up and down up to fifteen percent today so he could be it could be one hundred ten billion by the time this airs or it could be fifty billion so who knows how many roger very vera nomics you know rogers verizon saying you don't understand
economics i do leading up to big cash and people are saying come on roger just give us a break just for those maybe roger is not wrong just for those who might not follow the ins and outs of the drama of bitcoin big queen cash is not big cash is another currency it's not it's for just so just a little know because they might be confused now watching burn off but don't be stupid something off it's a spread a big deal but going back to this products being offered in japan is being tested fiscus three year bond was issued by its digital currency exchange unit for an internal trial on aug tenth according to a google translate of the press release the bond has a three percent annual interest rate and returns big coins when it matures the total worth of the bond was two hundred or nine hundred thousand dollars at the price is that which is being reported back don would allow large institutions to store value using the digital currency and potentially be more open to accepting
big coin as payment well mrs watson nobby the mythical japanese housewife who moves four x. markets over the years because in japan they have huge savings they have a lot of cash and the housewife manages the money the husbands are drinking themselves to death at work the famous salary men they find corpses in the subway system every day and she's training for x. and doesn't care about her has been dead for months and why. doesn't even know she's busy fighting for her ex and if she grabs hold of it coin and you have all these mrs watson abi you know they never talk about bitcoin amongst japanese housewives in tokyo one word keeps coming up. and i say which way is because i'm going mr watson i'll be. so you know it's a self-fulfilling prophecy that a little sabi will get nice friday night you know there's a lot of single of go ahead i'm sorry of course big question was invented by the nakamoto to definitely has a japanese name whether or not he really is a son to finish it could be cultural appropriation we don't know but he could have
just called her appropriate for mrs watanabe if the press should go and hire all my culture can be appropriated all you want all day long. and here is a nice sentence for again so people soon smooth can you tell i own a lot of good cards. well. here's for people who again you know are new to this because it's face to his this is a new. story being covered by the mainstream media so a lot of people might have only just heard about it if they hadn't been tuned in to report back in two thousand and twelve and thirteen but historically this is a good paragraph here crypto currencies were very much a domain for crypto anarchists and tech savvy people and that has changed in the last couple of years said nicholas nicolaus c.e.o. of swiss based digital currency broker bequests wis quote this means a whole new ballgame of people are going to get access to the market well you know there's been
a brick get it this is barry silbert in new york his company which i know the list the ticker symbol is b g b t c but what you have is company greyscale grace scale grace that is about from game of thrones isn't that what they have like the people the grayscale the raw people. greystone maybe i forget the name of the i think changed that's going to be trending now on google to grayscale or greystone but berry still work just look up as a name not related to muriel silber who had a discount brokerage firm in the one nine hundred seventy s. i don't think barry can correct me if i'm wrong which i met her a few times. in the eighty's. he called the time line very sober he said if we show on this show you know i said we go from an arc of capital and cypherpunks to early adopters to more serious players and to banks to wall street the or the wall street i think was this is the year that he called it now or heading into the year all reserve banks australia as a reserve banks think about buying bitcoin i thought chinese people's you know
people's people bank of china p b o c was you know you first thought russia was going to you know russia a year ago when i was at the world economic forum in st petersburg that was actually i three years ago three years ago i told the kremlin people that they should get into big point and it was like trading under fifty bucks just see you know max did not speak to anybody in the kremlin he was standing on the corner of somewhere i was there i was under title i got i jacked it from the pile that's true because i made some fun of people but i was there but you know what a lot of people say people like jim rickards will say that is a cult i think is also called it a cult so just so you know there are these crypto anarchists out there and one day they could rise up and like. it into keeping with our game of thrones theme you know they could be like the fundamentalists coming out it's called the system because it's just really good consensus distributed trust it's the coin solves for
trust it's a mathematical formula that solves for trust think about all the institutions in your life that require trust you trust people on the road are going to be not crashing into you trust that the doctor is professional you trust the hospitals working in a trust third parties all day long bitcoin is the first trust less international currency that doesn't require trust it just requires consensus to buy into every ten minutes the protocol and why would you not be buying into this protocol if you're getting fabulously wealthy or watching central banks collapse oh we've got to go darn it well we're back after the break don't go away. here's what people have been saying about rejected in the us is it actually just pull on. the only show i go out of my way to you know what it is that really packs
a punch at least yampa is the john oliver of r t america is doing the same we are apparently better than booth. to see people you've never heard of love redacted the night. president of the world bank very. seriously send us an e-mail. but it was supposed to some of us there was a. question. last time we chased. each one of them carrying. twenty kilos of drugs. first offense. they just step. into the three we have
made their own little mind they the boy they have this is the this is for me. even if. i don't know maybe don't. make or. break. for. now walk. out. what politicians do something to. put themselves on the line to get accepted or rejected. so when you want to be president and she. want. to go on to be first it's like that before three in the morning can't be good. i'm interested always in the waters of our. city.
all go back to the kaiser report i'm asking as are time now to return to wolf rector of wall street dot com wolf welcome back thank you for having me back mike all right well hunter we're talking about geopolitics economics debt china america germany i want to return to the theme of china you know china is running these huge deficits and they're the emerging empire in the world but a lot of folks observing what they're doing in china think that it's a big bubble it's a ponzi scheme it's going to blow up kyle bass out of texas is one of these folks he's got a big as ron is shorting china in a big way is it true maybe you can fill me in on this is it true that the
government china is aware kyle bass and his ilk those has fun guys shorting china and it just riles them up to try to kill their stores by going in the market and putting on trains to compete with the hedge funds is that is that purely anecdotal no substance to what or what do you see what have you heard what china certainly has a very adversarial relationship with short sellers and the stock market crash you know they're arrested some of them they made short selling illegal in many ways and you can't do that with foreign shorts bass so they have to play by other rules and when called to ask a man out with. is short he did a very publicly scathing report on china and surely the thor it is picked up on
that it was all over the media and you know the chinese authorities reacted actually at the time. and you know one thing shorts always forget a lot of times is when they're trying to attack another. country is the tools that this country has at least in the short term and that's what a short sellers looking at is not looking at twenty year time period is looking to make a trait and that trade has a timeframe and if if the country can coordinate an orchestra a it's policies and forces to to blow that short out of the water they'll do that and this case. you have a central bank you have a government and a half a major government owned banks all coming together and you know it's incense oa mountain was made the currency went up three percent against the dollar and there was a concert that was a short against against a currency and so it has
a sense risen about three a little bit more percent against the dollar. china has successfully cracked down on capital flight at least a large extent we've seen the united states found acquisitions by china in the united states have especially crashed over the last few months. and that's not just . industrial companies but also real estate commercial real estate and others so that that supports their currency it's a ports to their reserves to foreign exchange reserves. and it has really tripped out well as one of the solid bets of the last three years which is to short the currency because if it had declined against the dollar essentially straight for three years until the end of two thousand and sixteen and then it turned around and so this year it's turned around and it's going up. so you know that yeah i think it's kind of nuts to go out and tell the chinese authorities that i'm going to bet against you i personally think that's
a very courageous bet and i wouldn't want to take it so i'm moving right along you know we've got china plans at least five years ahead of its economy. and the wind is the workers it's got industrial policy we also had industrial policies as we became the global. barrier and i states we no longer have industrial policy is stated as such is that mistakes of the us be really managed so the government step in and manage the us economy more actively in the same way china does to compete with china while probably managing the economy in the yes it would not be a good idea but i think there are a lot of policies that we have that impact trade that are not very good and the way we are encouraging companies to offshore i think that's a problem a tax code is a problem and it needs to be thrown out in the replaced there are a lot of policies in the united states i think that need to be fixed. and
that have to store did. they condom in the united states so i think it's more a problem of having the wrong incentives in place than trying to for a few people to to manage to micromanage the economy itself i think that will fail in the united states economy can manage itself quite well i think if if if the proper incentives are there and you know the low interest rates in the united states a key all these things that we've really distorted. our the way capital is being deployed we you know companies are focusing more on share buybacks they're the last big purchase of stocks out there and they're focusing on on expanding their businesses doing research and other things so we've given them financial incentives to do their own thing and obviously that's. that's not very helpful
and. yeah automation will continue to kill jobs in the united states it will also build other jobs that is a process we can't stop but i think we can change the incentives we can change the tax code we can deal with. the incentives there cost companies to buy back their own shares so used to be illegal in our company. can buy back its own shares and it's considered stock manipulation now it can you know and that's a that's a very big thing and we're not looking at three trillion dollars over the last five years or so hasn't been invested in production that hasn't been invested in developing new products and expansions that's just just disappeared in a lot of that money was borrowed money so that debt still out there. and there's no productive entity there to pay for that debt so i think you know those are things we can address with regard to having five people managing the entire economy now you make a good point there that
a lot of the stuff that has to be illegal is now legal like buying back your company's stock used to be illegal now it's legal because it manipulates the price the stock any cigs stock options tie to the price of the stock and if you can borrow money from the federal reserve bank at zero percent interest and buy back shares in your own company watch the stock price go up in your a warning or soft stock options for pennies on the dollar and you're cashing in for ten twenty thirty dollars an option you're specially transferring wealth from the real economy into the pockets of these kleptocrats enabled by the central bank so the central bank is acting in a way that mitigates any notion that america is a free market capitalist society. the price of money is dictated by central authority this is no different than in china or in russia aren't anywhere else in the world and america can't seem to get over the fact that it's no longer a capitalist society the forest is crashing it much and would be much better if
everyone just wore him out outfit and sang the chinese national anthem because that's closer to what you have in america economically speaking but you know weeks we check in with you from time to time to see how the san francisco property market is doing and engaged in an epic bubble and people are on deathwatch suicide watch isn't ready to collapse yet ours are more alive to the san francisco property bubble wall for after the two sides where the commercial parts of apartment rent and there the homes of people own and apartment rent have started coming down and they have they've reached extraordinary levels to war people just couldn't afford them anymore and the huge supply of new condos and apartments coming on the market a lot of the condos that a big old are investor owned and or rented out and so that that impacts around market rents have come down quite a bit since the peak in two thousand and fifteen we've also seen incentives crop up
. and that's that's new for san francisco really happens now on the housing prophesied condos and even houses peak in two thousand and fifteen and then kind of flat lined and that sort of stayed up and down a little bit but as actually flat maybe with a slight downward trend i'm joe and joe may would head i think spike in prices in may particularly in houses and so we'll have to see the other some as volatile we'll have to see how that works out whether that was just a temporary spike or whether the bubble will come continue to go on. obviously and i'm just doing the report on that right now. now is getting so expensive that people can't afford to live here anymore so they're leaving companies are leaving. the employment growth in san francisco year over year and i just got the number today is like one thousand two hundred jobs in the last twelve months which is they
used to be twenty five thousand jobs a year even now and enjoying the peak of the so the last six months the employment growth has just withered away and meanwhile we're getting all these new housing units being built so yeah we're looking at some fundamental issues here that the san francisco housing market will have to deal with and probably starting in the far wall so negative employment growth i mean keep up these numbers on a monthly basis but right now it's close to zero and if the trend continues by next fall it will be a shrinking employee base are shrinking label force and end up owning supply of housing so you know just basic supply and demand that's you know later something we'll have to give finally one of silicon valley they've got a lot of hope and hype around these soft driving cars artificial intelligence a lot of other telepathic knowledge isn't. doesn't immediate humans out of the economy do you believe the hype and a purely bought algo driven economy deliver the prosperity of offer all their.
now i don't think they can deliver any kind of prosperity. maybe on the contrary if they happen on a commercial basis you know year those four million five million professional drivers out there that are liable to lose their jobs. this will not be good news for them and it will be very difficult for them to find a slot somewhere else but in terms of self driving cars happening yeah they're happening and now there's there are thousands of them on the road right now being tested. it's a technology that's still very expensive they're you know they're they're not production montes a hand built prototypes at their experiment. in with. so ford's thinking that by two thousand and twenty one it will have its first car was out of steering wheel out there to be used by. by right hailing companies like taxi companies or write your company. their companies are
a little bit different timeframe but that's kind of what we're looking at five years from now you'll you'll see them show up in some numbers. you know a lot of money is being spent on this and every company is shared and trying to go just on the forefront google and never build a car but they're trying to build the system that runs these cars and this is very new competition for for detroit and for the automakers overseas and so there are there is here is the struggling to to get their arms around this technology now people are not common sectors always funny how people reacted after having caused all this and i had never happened i said this five years ago and the only thing out there was it's all google podger i'm not a parking lot and they're saying it now when we have thousands of cars and traffic going through different cities in the world yeah and so this technology is starting to be functional. human drive is a terrible loss the thirty seven thousand people were killed last year by human
drivers so these algos only have to be better than human drivers and that shouldn't be that hard to do yeah well taloqan a on or off there i may make a good point i'll thank you science going to stop a lot of these industries including the sexpot industry well thanks for being on the kaiser reports speak to say thank you x. and that's going to do if this edition of the kaiser report with me max foster and stacy herbert i just thank our guests well for rector of wall street dot com if you want to reach us on twitter it's guys report until next time buy you off. to a bank. purrs.
coming up on our t.v. floodwaters rising thousands of being rescued and officials say there is still a long way to go far apart from harvey we'll have team coverage to bring you the latest. and it turns out running high on the korean peninsula as the north fires a missile over japan. president promises good relations with russia but the question is will he follow through on his word. good afternoon it's.