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tv   Boom Bust  RT  August 22, 2018 8:30am-9:01am EDT

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foods to interfere with the internal affairs of countries around the world and undermine rival governments most blumenthal went to an event organized by the national endowment for democracy it's a nonprofit n.g.o.s that was founded in one thousand nine hundred three and is supported by both the democratic and republican parties currently it operates in more than ninety countries the national endowment for democracy says its work is to help non-governmental groups promote democracy in those places or blumenthal couldn't help notice some parallels but i covered the ceremony because these organizations are doing exactly what congress accuses russia funded media outlets control farms of doing in the united states to interfere in other country's politics and with foreign money. the only difference is they do it openly and in the name of spreading freedom. r.t. spoke to the journalist behind the report mike bloomfield to tell us more about the findings. so once again. i'd like to express our sincere
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gratitude to buy pot of. the poor and also u.s. congresspeople as well and u.s. citizens eventually we are doing this work with the u.s. citizens tax americans have no idea that they're funding an organization that's explicitly dedicated to meddling in other countries affairs interfering in elections toppling often democratically elected leaders and spreading public relations campaigns to sow chaos against countries that resist washington's agenda but here you have kind of open acknowledgement from this korean activist who is behind the transitional justice working group which is responsible for a lot of what congress states and knows about north korea's suppose it human rights violations so basically the united states is paying for its own findings to ramp up sanctions and hostility against north korea and what's really interesting about this event that i attended in capitol hill is that it was timed to coincide with
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the trump him summit it was essentially a u.s. government backed event undermining a u.s. government initiative to foster peace between north and south korea and that to me seems like almost and then a form of internal interference you think that the national endowment for democracy . if there is a peace treaty that they should cease funding civil society groups that seek a transition or regime change and i think i don't know that that's what they do but i do know that they promote human rights wherever they and then i mean for example if russia were funding civil society groups inside the us and that going into the hype i support the worth they do i think it's pretty obvious i mean two things are going on there first of all you have. these activists and organizations that are funded by the national endowment for tomorrow. see the u.s. regime change arm in south korea who are dedicated to regime change in north korea
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really worried that the money's going to stop rolling in from washington if there is a peace treaty so basically conflict is an entire industry and it's part of this fake human rights and democracy promotion industry so pelosi wanted to duck that issue and then the other issue she wants to duck is the sheer hypocrisy of supporting an organization that funds civil society groups and opposition media to topple governments and so chaos and sovereign countries while complaining that for example this network r t does that in the united states and that's exactly what nancy pelosi and her colleagues in congress do every day when confronted with the issue there's nothing they can do but deflect and run away as palosi did. a lot of what we do today was done covertly twenty five years ago by the cia it's even more the case since the color revolution model has been introduced. and what the any deed does is what the cia might have done to salvador allende in she lay but they do so
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overtly and therefore avoid a lot of the scrutiny from congress it looks like they're funding democracy and legitimate protests but they're directing their resources exclusively against countries that resist washington's economic and political agenda it's an extension of the cia but it seems like it's pushing human rights and things that americans can get behind and that's why they receive so little scrutiny from the public it's very clever actually. like he's facing a backlash in the u.k. or for releasing a controversial garment with some of this saying the companies cashing in on gun culture it's about a club going to touch when that could be put to way for easy transit so this and they advertise it also it's got a pocket that some say could be used as a holster for a weapon britain seen a surge in knife crime in recent is. those multiple stabbings every day around the country
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a massive gang problem that's getting worse by the day and night he has released this seventy pound balaklava are they dumb nike are using a black guy to promote about a club with straps and pockets where there is blood there is money now nike are endorsing gun and knife crime as well isn't forcing racial profiling well done why exactly are you promoting a baloch lover in july if this was in winter it least it's hard to criticize the past two years have seen almost thirty five thousand recorded knife attacks in the u.k. the highest amount since the data became available more than a fifth of those arrested for knife possession are youngsters people under what they thought than of mikey's headgear. could be sort of a sportsman like a climber. could be also a terrorist my immediate reaction is terrorists first so it's a bit scary. but at the same time to scary might be just sports equipment to find
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a menacing. now the problem is i'm from canada so all i think of is someone being warmed to me it could be a good winter outfit. is not up healing to me at all i don't think you'd be allowed in banks and. it's not just so much that what's going on. here is as if these could have i don't know you can see them with weapons as weapons guns pulling something like that why they're trying to cover the faggots by. i don't see why you what. you wouldn't want to have to face that you're not inviting is not like he's going to make you to buy you know you you know do you know the branded name i don't think it's really a fashion police i think they might have done it to cause the little details to charges. but i think it's good to.
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make profit on the back of that kind of image it was encouraged more gangsters and stuff you think here of course there's nothing to do with making if they don't get it from making they get it from somewhere else it's nothing else to make out one way or been seen around with people wearing. well the company says the new products available in multiple markets around the world adding that it does not encourage gun culture in any way it has no remove the sole that item from his website to use and antiviolence activist sport mckenzie told us companies like nike though should bear more social responsibility. they're worn by skiers and snowboarders i agree and i fully agree with that but they're also being warned by gangs in london and also be used to cover the faces of known gang members a lot of the young people i work with are now buying these baloch lovers and i'm actually seeing these by the club as on a day to day basis and i'm seeing them being worn by children who do not ski or do not snowboard they actually go out and use those in their crimes and the way that
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young people look at the use of a ballot club and now as part of a gang or part of getting a tire now in my opinion these brands need to be a little bit more socially responsible when your brand is so desirable and when there is a trend of the moment of young people killing themselves in london who are using things like baloch lovers to hide their faces on a day to day basis had their child as grand plan to try and avoid a looming demographic time bomb and controversially tax the country's under forty's to pay for it all it's coming up after the break.
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we have no idea what if he's doing on his vacation but she will be back on it in september. i've been saying the numbers mean something they matter the u.s. has over one trillion dollars in debt more than ten white collar crimes happen each day. eighty five percent of the global wealth he longs to the rich eight point six percent market saw thirty percent just last year some with four hundred to five hundred trades first circuit first second and bitcoin rose to twenty thousand dollars. china's building two point one billion dollars a i industrial park but don't let the numbers overwhelm. the only numbers you need to remember one one doesn't show you can't afford to miss the one and only.
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hug a good morning around two hundred fifty protesters university of north carolina at chapel hill pulled out a controversial confederate statue monday night the one hundred five year old monument known to silence sam's long been a symbol of white supremacy in the u.s. . it was put up in nine hundred thirteen it commemorated those who died fighting for the slave holding confederate states in the american civil war the monuments polarized opinion on campus for decades and it's been vandalized in the past although many saw it as a racist and offensive thing others argue it was part of the south center attention should therefore have been preserved the university for its part condemned the toppling of the statue as unlawful and dangerous but did acknowledge the monuments divisive nature at least one person was reportedly arrested during the demonstration and police are investigating the act of vandalism the interest of full was part of
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a big growing backlash against confederate symbols across the country. democratic. or african-american and brown.
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political activist anti raj is right and conservative radio host dave perkins joins us to talk about the implications of the move and how society should deal with vestiges of the confederation period. everything that happens here in the public square and public view is political it's a political plan involving street activity designed yes to divide us because there is an election coming up in just a couple of months a midterm election here where all congressmen and one third of senators are up for reelection it is divisive because it is designed to be divisive because it's designed to activate the political base of the democrat party to get them out to vote in as high a number as possible to this it is forcing people to look at something to have two or three symbols of white supremacy when they're going to school they're abandoning
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the historical context they're forgetting why those statues stand there who it was that put them there what the thinking was at the time and what the statues represent the history that led up to this or that person being remembered in a statute those statues were not me this route they were made to hold but it's a courtesy it would be great to see more conservatives concerned about fighting slavery right here at home you have a president who is incited by the us against people of color whose dog whistles at racism have become. forms which have led to people like our sister heather being killed in charlottesville last year we talk about prudence when you're more concerned with this actually than you are and if players having their rights and saying you need to stand up to reason the white supremacy that run this country the campaign against the statues as i see it as a way to get young people out and make them feel like they're doing something when they're really not accomplishing anything because they're ghosts that they're fighting against is disappearing more and more every year we have to know where we
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came from so we don't do what the young people are doing today which is look at the present and see all manner of unfairness and injustice and feel like they need to riot in the streets and destroy things to make things right if they just saw history they would see how right everything is it's a matter of perspective destroying history ruins. perspective and that leaves you subject to being told what to think and having to believe it because you don't have anything else it's. people in china who were once banned from having more than one child for decades in fact but now in a further push to improve the country's demographics there's a proposal to tax anyone under forty you don't got one child or no children at all and you tend to provoke uproar that.
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i'm forty years old now i wanted to have a second child because i wanted my first the born to have company.
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haven't had a second child before someone else says that's what i'm saying politics as twenty years ago you were forced to pay because you have children twenty years later you're forced to pay because you don't like slaves or have to pay taxes. it's. the ever changing world around us a twenty six minutes past one of the morning here in moscow thanks for watching this update this is international.
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when a loved one is murder it's natural to seek the death penalty for the murder i would prefer and it's meaningless in the death penalty just because i think that's the fair thing the right thing research shows that for every nine executions one convict is found innocent the idea that we were executing innocent people is terrifying the is just no way that hasn't been that we hear even many of the dems families want the death penalty to be abolished the reason we have to keep the death penalty here is because that's what murder victims' families what that's going to give them peace that's going to give them justice and we come in and say. not quite enough we've been through this this isn't the way. to. the. present from.
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the bottom of the article but up up up. up up. up up up up up up local. care there this is a boom bust broadcasting around the world from washington d.c. i'm bart joe the fin thank you for joining us coming up this time we focus on the eurozone and look at the good the bad in yes the ugly economies we don't know what the help of c.e.o. of straw mark hillary. which and from germany our to correspondent peter oliver and
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with u.s. sanctions on iran many companies and nations that do business with the nation are choosing to leave if they can tell it's behind all of it joins us from toronto and tell us about one company companies a french company told hol which is trying to lose plus we go deeper and ask more questions about that story reported on last week regarding the killing month santos service side found in breakfast cereals tricks made not to eat for kids anymore are to correspondent sara mon says the focus joins us plus it's been nearly nine months since the u.s. congress passed and president trump signed into law tax legislation to reduce taxes on companies and people today we take a look at the impact so far with the executive director of the coast guard to act and at american university professor donald williamson all that straight away and other jam packed broadcast but first we get to a few headlines as the summer of twenty eight thousand continues to roast the
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earth's northern hemisphere there is some big and not so great news on climate coming out of the united states the head of the trump administration's u.s. environmental protection agency or e.p.a. andrew wheeler signed a plan to allow increased greenhouse gas emissions from coal fired power plants the plan cynically titled the affordable clean energy rule rolled back president obama's clean power plan and delegate power to reget to various states to regulate coal states of course are expected to go easy on coal under the trump plan allowing a net increase of the emissions that are quickly changing our world for the worse but technical analysis behind the rule shows that an additional fourteen hundred people will actually perish will die by twenty thirty if the plan is adopted group seeking to keep the planet viable for human beings wouldn't that be nice as the beach boys thing hope to use the two thousand and seven supreme court case that
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ordered e.p.a. . to regulate greenhouse gases as their legal tool to block the trumpet ministrations plant in court and there's also politics of energy regarding climate change in australia as conservative prime minister malcolm turnbull today abandoned modest climate and energy plans after intense pressure from the right wing of his party specifically mr turnbull jettisoned a bill to require emission reductions of twenty six percent by two thousand and thirty leaving australia short of meeting their commitment under the paris climate agreement here's what prime minister turnbull had to say in the capital city of complera. now it is clear that in the absence of bipartisan support the legislation to move forward with the emissions component of the national energy guarantee will not be able to pass the house of representatives now in politics you have to focus on what you can deliver and that's what we've done and will continue to do. while mr trouble claim the bill can pass can't pass parliament the plan
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supposedly has support across political parties australians are increasingly demanding action on energy to remedy high prices and climate impacts both of which can be addressed with new clean energy capacity. and as we briefly mentioned here last time greece's bailout has officially ended though are there any policies imposed as a condition for those credit packages or remains in place starting in two thousand and ten greece asked for and accepted and it's compel rather to accept three different packages of financial aid totaling nearly three hundred billion euros from the european commission the european central bank and the international monetary fund in greece tentative plans to officially celebrate the bailouts and were cancelled e.u. commissioner of economic affairs pier of moscow viki hailed the bailouts and. the fact is that greece is transformative reforms have laid the foundations for
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a sustainable recovery putting in place the fundamental conditions need for sustained growth for job creation and for sound public finances indeed used to come this was the main goal of the program that and to date we all knew that greece concludes its program with a public debt level that these the highest of any member state. greek prime minister alexis tsipras compared the crisis and aftermath to homer's odyssey a national address an international address said our country is regaining its right to define its own fortunes and futures like a normal european country without having policies forced on it by foreign officials with no more blackmail no more sacrifices for our people. and in that regard we take a look at the good the bad and the ugly of the eurozone economies you can guess where greece lands to help us out we're joined by the c.e.o.
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of straw market and from germany r t correspondent peter oliver thank you very much both of you for being here and peter let's start with you the good not long ago some experts and we reported here peter that said that germany could go into a recession as early as this june well as they saying not dead yet the second quarter growth for the country is surprised and pleased many peter what's the latest. well certainly not dead in fact alive and kicking is the german economy it's performed better than it had been expected for the second quarter of twenty eighteen posting gross the zero point five percent to g.d.p. that's up all of what the full cost is had predicted for the second quarter which was zero point four percent what that means is we're now looking at around two point three percent growth for the whole of twenty eighteen and in fact they're predicting that growth will continue through into twenty nineteen where we could
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see a further two point one percent growth of g.d.p. now they say well those numbers in fact well above the average growth levels full of the german economy over the last ten years so everything as you say looking well would be an understatement it's looking fairly rosy for the german economy at the moment and peter which specific sectors of the german economy seem to be making the most progress at least in the second quarter. trade it's all about trade really for germany in fact the figures that have just come out of showing that exports are at the center of the german economy we knew that already but the germany set to post the largest ever trade surplus for twenty eight hundred some two hundred ninety nine billion dollars in trade surplus made in germany is a stamp that sells around the world book it's putting so much of not of on trade isn't everybody's cup of tea in fact we've seen that upset donald trump it's also
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upset the european union seven point eight percent of germany's economy comes from exports now under the rules that are put in place to try and keep everything on an even keel by the e.u. you not supposed to exceed six percent so they've been getting it in the neck from the european union as well from brussels from the european commission as well as the criticism they've been hearing from donald trump over the atlantic but what we have seen in the second quarter is the german economy try to steer away from relying wholly on exports what we've seen is a big increase in consumer spending also increasing government spending as well and a lot of contributing factors have been given for this talking about high employment rates in germany at the moment also a rate rise in wages across the board in the country and the construction industry in germany if you look out on the skyline of burley and you see cranes almost
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everywhere you look construction is still booming and that is also getting that shot in the arm to the german economy and that's why all of the numbers are in the black and all of the arrows pointing up very interesting and hillary who is good and great but i want to give the bad economy in the euro zone have you have you talk about that and what about the greek debt crisis give us to a quick refresher and how is the country position. now hillary well gee thank you but done for giving me grief but no actually i have to say you know bailout sounds like free money but it wasn't it's actually more just more debt so i think the end of this is actually good for the greek economy and i think that it does give them back some degree of autonomy of though of course they're going to be still under the eurozone auspices i think what's important to note is how the austerity measures have taken place and they are proud of that take for example just the banking sector there were before the crisis of forty banks now there's nine there were sixty six thousand something soft now it's down to forty there were four
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thousand branches now it's down to two thousand i think you can see a lot of the austerity measures have taken place in terms of making the banking sector leaner and meaner and i think that's what the country needed there actually is projected to be a two percent growth of g.d.p. growth which is actually similar to germany's obviously a completely as a percentage so much smaller in terms of contribution to the european economy but i think that's good it shows that it's strong my concerns though are about what has happened during this crisis i mean about one hundred fifty thousand of their best and brightest have left there has been a brain drain and i think that's what's going to affect the economy in the future doctors lawyers accountants of all left in droves and on to other countries both in the e.u. to the nordic countries to the us canada and china and i think that's a great pity and that's going to be a problem in the future rebuilding hillary get an excuse same question that i asked peter about the sectors which sectors of the greek economy were doing ok which ones
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not well when you say sectors i mean the sad thing is there really isn't any hard industry so we can't point to things like we can in germany. the largest market cap company in greece's coca-cola so there isn't any large manufacturing i think two sectors that will continue to do well in that they have as an offering and a unique offering are tourism and agriculture tourism although over twenty million visitors that is projected it could grow explain any. it's only at like about a third of its capacity athens could host you know three times more tourists than it does right now it all depends on efficiencies and if government regulations can be relaxed in terms of the amount of entrepreneurial businesses that want to start interest and then agriculture there are so many products that are unique to greece whether it's one of the number one exporters of both olives and all of oil and grapes and a lot of agricultural products so that's the future for greece peter real quick we've just got about sixty seconds mean what does this all your turn for the eurozone particularly in light of the trade tariff wars that we've been discussing
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lately well the strong numbers posted by germany they translate into stronger numbers for the rest of the eurozone we were expecting around two point one percent to be the growth across the single currency for the twenty eighteen there was times of real world tense times for trade because of the trump. well announcement of a trade war april to june but those worries seem to have dissipated following the deal done between donald trump and you you. the. usual employed young commission president i got there in the end claudio because it was done back in july that seems to alleviated some of those tensions but if donald trump design decides he wants to double down on a trade war against europe well that would have an impact in the future this is the thing we're dealing with this president in this white house we don't know what's
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going to come in the future.


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