tv Boom Bust RT July 17, 2018 10:30am-11:00am EDT
amazon which actually does all the time stock high today of seven hundred eighty six for share and some due diligence it has at least to this point not been done related to hate product that they offer for sale let's get right to it the president donald trump and russian president vladimir putin have wrapped up their two day summit in helsinki finland with typical self centered bombast mr trump said at a press conference with the russian president that relations have been between the two nuclear armed nations have been quote never been worse than it is now however that changed as of about four hours ago mr trump pushed back on questions about the indictment by special prosecutor robert muller on the eve of the summit of twelve russians alleged for election interference and dismissed the judgments of some current and former intelligence officials on the investigation while the two presidents seem determined to create a display of cordial and correct the paul nitze it's not clear where any good will the two leaders might develop could lead russia in the u.s.
are backing different sides of the war in syria and russia still support the nuclear agreement with iran from which the u.s. has withdrawn from around the media we go to our she's on your part phil who joins us from helsinki on your thank you so much mr trump upset the europeans and the nato at the nato meeting and he upset the u.k. prime minister theresa may on friday ahead of the meeting with president putin mr trump set a pretty low bar what took place at the meeting and had to go over that bar. it seems to have gone at least better than those two previous meetings you just described president trump described or said his meeting in his lunch with president putin went very well and that it was quote deeply productive and he also congratulated president putin for what he said was one of the best world cup ever to have taken place which of course just wrapped up in russia yesterday trump said
today during the joint press conference that he was simply engaging in the proud tradition of american democracy american diplomacy and that some of the issues that were discussed were syria the situation with north korea the joint comprehensive plan of action or iran nuclear deal and a host of other issues including for example nuclear issues but what we didn't get out of this summit was any sort of joint declaration or pledge from the presidents on what concrete steps they will take to address these issues which they say were discussed though president putin did say he passed on a note of suggestions for how the u.s. might respond and tackle some of the global problems facing the u.s. and russia what we'd all like to see the note now on you know on last friday the special counsel robert mohler did charge a dozen russian intelligence officials with the democratic national committee and other organizations in trying to influence the twenty six thousand elections in the
state was that topic raised at the meeting. well not only was that topic raised it was the only issue brought up by the two questions to come from the american side of the press conference earlier today much to my disappointment as a member of that press gaggle i would have hoped some of my colleagues would raise questions about other issues perhaps syria or korea for example but trump did say he raised the issue of these mueller indictment with his russian counterpart who he says has an idea trump said that putin suggested that he or that he had his own idea and putin said that idea is in fact to allow u.s. investigators to perhaps visit russia and collaborate and cooperate with russian
investigators on this investigation and get to the bottom of some of these accusations in the indictment and i'll have more on that in the five pm newscast just coming up we'll be looking forward to that and finally on president trump criticizing angela merkel last week saying that quote that germany was a captive of russia related to this a pipeline that this north stream to pipeline but germany was already getting energy from russia via the original north stream does a concern on the u.s. side appear to be that germany and theoretically the e.u. would be more dependent upon russia going forward and was this a subject of conversation today is this the issue of the north stream pipeline was brought up by a member of the russian press delegation and trump had this to say in response to his question. i think that. we will be competing when you talk about the pipeline i'm not sure necessarily that. it's in the best interests of germany or
not but that was a decision that they made will be competing as you know the united states is now. or soon will be but i think it actually is right now the largest in the oil and gas world so we're going to be selling l.n.g. and will have to be competing with the pipeline and i think we'll compete successfully although there is a little advantage locational germany has determined that it then it's best interest to go ahead with the north stream pipeline in fact and while trump says there that the united states is number one and global gas production that may be true but when it comes to the question of europe and germany it's russia that's number one russia provides the european union with forty per cent of its gas imports and for germany that number is forty four percent the construction of the second nord stream pipeline well out for russia to
double its gas natural gas imports into germany which is going to help german chancellor angela merkel meet her goal of phasing out nuclear energy in germany by the year twenty twenty while still reducing the country's carbon footprint so it seems as though trump has to accept that the pipeline is going through our tears on your part or pill from helsinki finland thank you on your pre-show your time. and for more on this energy issue regarding russia and germany leading up to today's meeting we were joined by r.t. correspondent peter oliver who joins us from berlin peter thank you so much what's your reaction there in germany over this pipeline criticism. well many germans in fact that includes angular merkel and key members of our own cabinet view this pipeline as essential if we look at germany's energy usage last year they
used fifty three billion cubic meters of natural gas what north stream two would guarantee as its base would be fifty five billion cubic meters of natural gas every year from just outside of st petersburg directly over to you case filed in germany it goes along the same just about the same twelve hundred kilometer distance that north stream one currently runs between the two nations however this will allow more gas to go directly from russia to germany of course what from the biggest european producer of gas to the biggest european economy and one of the biggest users of that gas as well the controversy comes in when you take into account the those countries in between germany and russia they've been making quite a lot of money over the years on transit fees lucrative lucrative transit fees as
pipelines one their way through central in eastern europe if we look at just how effective those transit fees can be even a country like ukraine which you can't really say relations between moscow and kiev could be any worse really at the moment ukraine made two billion dollars in transit fees last year alone now donald trump has made a big song and dance about wanting to make sure the transit fees remain in place for countries like ukraine but he's also been pitching that liquid natural gas the u.s. liquid natural gas he wants to see as a competitor the big problem there though is that liquid natural gas from the u.s. is prohibited least expensive compared to gas piped direct from russia into germany peter i assume that one of the concerns president trump and maybe others is that with this second norge dream that not just. herman a bit perhaps the whole of the e.u. would be more reliant upon russia but with regard to germany specifically i know
that president trump said that fifty to seventy percent of germany's energy needs were being provided through this pipeline but some have said that that figure is way off what's the actual accurate detail. you say fifty to seventy i heard him on friday speaking in the u.k. by that it was up to eighty maybe ninety percent the actual amount when it comes to energy that comes from russia to the german system is nine percent that's according to angela merkel's main spokesperson stefan's i bet he came out straight away when donald trump it said this the first time and said it's just not true when it comes to gas it's around thirty seven percent of the market but still certainly not the numbers that we've heard from the u.s. president it is becoming something that we're getting used to over the last week of seeing him here in europe that he may say these things but they sometimes don't and more often than not can't be backed up with the cold hard facts you know it's
unfortunate hey peter from an e.u. perspective do you think folks over there believe it's just sort of a given that the u.s. is going to move away from e.u. nations and perhaps toward russia under the current administration. well it's been clear since the campaign that donald trump has absolutely no time for dealing with brussels and dealing with the e.u. and not feeling is is mutual we saw last week at the nato summit at the end everybody had their happy faces on and were smiling shaking hands and saying oh no no it wasn't that bad behind the scenes it wasn't that bad from the people i've spoken to that were behind the scenes it was that bad and it was that bad and then some when it came to dealing with people from the trump team. p. in the here in the e.u. at the moment there is that whole thing of looking at donald trump as a lot of the staying towards him and his attitude and what we view does our really from a lot of european countries but there's also the realisation that we've seen this
man say one thing on a tuesday and say a completely different thing on a wednesday so it may look like he's cozying up to moscow right now but next week it could be something completely different and i think that's the way a lot of europeans are looking at donald trump that perhaps he isn't somebody to be taken at face value. arctic correspondent peter oliver from berlin thank you peter for your time appreciate it. the u.s. secretary of state and treasury have rejected calls from european countries related to exemptions for certain companies from u.s. sanctions against iran that were reimposed after the u.s. withdrew its support from the p five plus one nuclear deal commonly known as the iranian nuclear deal diplomats from britain germany and france as well as top e.u. diplomat federico formerly requested exemptions in this sector of banking health care and energy among others now u.s. secretary of state pompei oh and treasury secretary new should have replied and
formerly rejected the request according to multiple published reports the letter reportedly says quote we will seek to provide unprecedented financial pressure on the iranian regime the secretary say such pressure will continue until there is quote tangible demonstrably and sustained shift in iranian policies absent any intervention some sanctions are set to be reimposed next month while energy related sanctions will be imposed in november. the us department of agriculture u.s.d.a. is changing the release process for critical farm economy reports to tighten up a two second gap in access critics has said that some high frequency traders have that small but significant advantage over others who get the information directly from u.s.d.a. u.s.d.a. typically allows journalists to see this to dicks in advance known as the lockup where cell phones are not allowed in a secure room in order to prepare stories that can be published soon after the data
is released those news organizations also send the information to clients two seconds before u.s.d.a. official releases the report which experts say creates a significant discrepancy on the time scale of high frequency trading now critical u.s.d.a. report such as the world agriculture supply and demand. the myths will not be previewed for the media instead the information will be a bargain until all parties get their release now time for a quick break but stick around because when we return we get very perspectives on the trump trip and the impact on business finance and foreign relations from the c.e.o. of straw mark to work for which conservative t.v. and radio commentator steve walz plus as amazon hits an all time stock are up seventy eighty six her share r.t. correspondent ashley fantz takes a look at a product amazon is still offering for sale as we go to break your the numbers at the closing bell oil down nearly four percent dipping below seventy bucks today at an imax we'll be right back.
it's hard to imagine the decades after the war a nazi don't it was still active rich in the nineteen seventies crittle had as the chair of its board a man convicted of mass murder and slavery at ashlands a german company grew until it develops in the demise of a drug that was promoted as completely safe even during bring them to you it turned out to have terrible side effects what has happened to my baby is anything but. you know she said she's just got choked up minix of it a mind victims have to this day received no compensation they never apologized for the suffering that not only want the money i want the revenge. the new global economic war is unfolding in the realm of education the right to
education has been supplanted by the right to access education low high education is becoming just another product that can be born and sold but it's not just about education anymore it's also about running a business where you know most of the regime. i mean if they could i mean. what is the place of students in this business model for college i was born into now and i'm extremely bored education the new global economic war.
welcome back and the latest turn of the bracks it drama british prime minister theresa may has ruled out a second referendum on whether the united kingdom should leave the european union through a spokesperson ms may said quote the british public have voted to leave the e.u. and there is not going to be a going a second run a random under any circumstances the british prime minister seems to a felt compelled to settle the question after her fellow conservative member of parliament and former education minister just reading suggested in an opposite opinion editorial rather a second poll with voters choosing between a hard bricks that remaining in the e.u. or may soft bricks that plan in another sign of concern soft bricks
a conservative member of parliament dominic grieve warned in an opinion editorial that quote we must either work together to get the best deal we can or accept that bret's it cannot be implemented and think about what we are doing to get some different perspectives on the trunk trip with a start. last week it ended today with the meeting it held secret we're joined by the c.e.o. of strong market worry for which i'm conservative t.v. and radio commentator steve malzberg welcome to you both thank you for being here hilary let me start with you for those of us who sort of maybe had a pipe dream that this thing could be better that maybe the president would be more gracious compared to last year it really seemed to go from bad to worse in the e.u. what's your take i think the bot we should focus on the substance in the end look he walked away from nato having them all agree to raise and come up i mean with their contributions to nato and probably after the summit with putin they're all thinking gosh we better definitely contribute up because we need to make sure that
we're all secure so i think it's important to look at its substance in the end and what he achieves also he actually likes if you read out of the deal to create chaos first and then sort of be the arbiter of calm later wrong so i think it's a different way of looking and we have a lot of the media hysteria going on right now what matters in the long run is global peace and global business that's what everybody wants everybody wants global peace everybody wants business to do well he may have achieve that by having nato contribute more and by conceding at least some points to putin at this juncture but i advocate patience it's early in the game absolutely patience to be a great thing i just worry that we seem to ostracize some of our allies now maybe they're just comical i mean and. not so great with to resort micheline at all and he always says different things in private than he does in public or said something in public the other day and then disavowed saying it back until the until
the tape recorder and played it on the show the other day where he said you know boris johnson will be a great prime minister there's not going to be a trade deal with the u.k. if they go the soft so i mean he would serve it probably caught with his pants down he really was and and then you know the same thing on the. on the pipeline issue that we're just discussing he first of all says it's a bad move at the end he says well it's germany's decision so maybe there's some maybe you're right on this you start off harshly maybe settles down a little bit i do remember i mean of course he's a businessman who joins me now as he is very interesting to know in one thousand nine hundred three he was actually an aide in the back of the room when nixon went to some pieces about so he has had a great amount of experience that's why he's look so much better in all of this and also he's been a reader of people for years he's been polishing his dip i would say the leadership skills all this time and don't forget that trump has just been a businessman this was his first time on the initial and initially on the
international arena i think we should all remember that president trump spend there for eighteen months whatever putin's been there for eighteen years yes and that's not counting being an aide in the back of the room also steve what do you make of it i mean should folks like me just get over it and realize that maybe he's going to move towards russia and away from some of the european allies or is that not the right approach i don't think he's moving towards russia i think that he sees an opportunity here with putin and i think hillary is correct i mean it's a lot of bluster no matter what the issue whether it's terrorists whether it's north korea no matter what no matter what seems no matter what the issue and you have talked about of a lot of these over the course of his term and it always starts off harsh and then he backs off to one extent or another and i think would standing next to putin i think to be honest with you he's a little all struck i mean i hate to say it i don't mean that in a in a traitorous way is says john brennan and some of them are saying today but i mean he's a little overwhelmed with the celebrity factor and here i am on the stage with vladimir
putin but when push comes to shove in the end when it comes time what is he going to actually do like with north korea what are we going to actually give it's not going to be anything out of the ordinary the north korea is going to comply or we're not going to get anything he is going to move to or towards us or we're going to keep the sanctions in place so i just think it's overblown in the media a media that. i will tell you donald trump could do nothing like trump said he could get them to give him moscow for all their past discretions or indiscretions and the media will say well but he didn't take out his handkerchief and when he sees you know you can't they didn't get him to be just about this one right. so what do we think you think there will be any change in policy steve you first with regard to either iran which i heard president putin talk about about how that the sanctions were the right course the people the p five plus one approach you know it's clearly not where president trump is do you see any policy change from the u.s. perspective absolutely not i mean the centerpiece of his platform for running for the office was getting rid of the worst deal in history that wasn't just bluster
and he did it and he got rid of it and you know iran is the biggest purveyor in support of terrorism in the world so it's told to us today that he talked to putin about terrorism and you know what i mean if you're going to be sincere about fighting terrorism you have to put iran in the equation so there's no way he backtracks on iran whatsoever and no hillary is so so let's agree so let's take it from there we reported the u.s. continues to say that if there are companies like in the e.u. countries that do business with iran that they're also going to have sanctions on them this could get to be a big deal the treasury department the state department just said no exemptions no how is this going to further exacerbate already strained relations i think that it could but remember this and think about what happened right before the summit they had a private meeting only the two of them both of them in the room alone now what does that tell you what do both men want both men want to stay in power like you could
say will putin reigns and he rewards actually this only being revolutions in russia before and i think putin is dealing with the gall slee economy he's don't forget is that his economy is only one train anyway like turkey and all he really has is you know petroleum only we have of the gap is the gas all the the so the natural products. what does trump one trouble stay in power and we have not yet hit those midterm elections and we have not yet hit twenty twenty so they only just may have done a private deal between each other which is ok tom you can take a little step back now because i need some wins given it's been protests in moscow right now because they've actually rolled back that a time at a time it was twenty fifty five and now they pushed it back so i think putin and trump one exactly the same thing so to answer your question directly i think they both want to truce and i think they both want to work together to solve this we appreciate the interest or affective on this we'd love to have you back to talk about it more we got a boat right now but thank you both for being here. and
workers at amazon's warehouses in spain and germany are striking to demand an end to punishing working conditions on the global retail giants and you'll primed a promotion organizers have called on amazon's warehouse workers in italy france england and poland to join the strike which will run through wednesday today's prime day's action is a sequel tuesday a strike in march at amazon's madrid warehouse workers say negotiations that began after the march dreich of gone nowhere with amazon rejected worker demands to restore an eight hour workday as well as relief from a three hundred per hour processing rate that they say makes working conditions unsafe and unhealthy recent reports in the u.k. tabloids mirror and sun detailed amazon workers falling asleep on the job from exhaustion and warehouse workers are reportedly even afraid to take bathroom breaks
and while i was on stock hit a record highs today earlier today they have problems that are serious and significant artie's actually banks talks about hate merchandise that's still being sold on the amazon platform. amazon is facing criticism for allowing racism merchandise to be sold through its services as comes as we've seen an uptick in hate crimes and the spread of white supremacy and in recent years here in the u.s. partnership for working families in the action center on race and the economy released a report detailing how both a nonprofit organizations believe amazon use its platform to spread to white supremacy and racism according to the report as of june twenty eighth shoppers can buy things like and clothing stamped with the all right images nazi themed action figures and anti-semitic books and music on top of that amazon sold a constitution that makes it look like those a wearing it have a marks around their neck as a result of hanging from
a noose the report also stated amazon was selling dozens of e-books that were published by hate groups the report stated either amazon does not find the materials outlined in this report offensive or otherwise contrary to its policies or does not consistently enforce its own policies amazon has been reactive not proactive and its response to use of its site by peddlers of heat after this report was released amazon removed some items identified within the report however other items remained recently color of change a nonprofit civil rights advocacy organization tweeted at amazon saying hey amazon are your confederate anti-black and nazi items on sale for prime day to you you want to celebrate you while you enable white supremacist and a racist on your platform not today tell amazon to stop doing business with racist mariah montgomery the campaign director for the partnership for working families said quote they're making money they're doing business with the people who are
selling these things the company has tremendous resources and some of them should be devoted to making sure they are not propping up racist organizations. both nonprofit organizations are asking amazon to develop better policies for policing its platform and to destroy all the hateful merchandise and that's warehouses and washington national banks are teed. and that's it for this time you can catch boom bust on direct t.v. channel three twenty one dish network channel two a day or streaming twenty four seven on pluto t.v. that's the free t.v. channel one thirty two or as always you can hit us up at youtube dot com slash boom bust our t. will catch another time. when else shows seem wrong why don't we all just don't hold. any.
yet to stamp out disdain comes to attitude. and in detroit equals betrayal. when so many find themselves worlds apart we choose to look for common ground. 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 global wealth he longs to be ultra rich eight point six percent market stock thirty percent rise last year some with four hundred to five hundred trade per second per second and bitcoin rose to twenty thousand dollars. china is building a two point one billion dollar a i industrial park but don't let the numbers overwhelm. the only number you need
to remember is one one business show you can't afford to miss the one and only boom bust. a play for many clubs over the years so i know the game inside guides. football isn't only about what happens on the pitch for the final school it's about the passion from the fans it's the age of the super money just kill you narrowness and spending to do the twenty million on one player. book it's an experience like nothing else on to because i want to share what i think what i know about the beautiful guy my great so what more chance for. the base this minute.
facebook admits classifying thousands of russians as interested in trees and supposedly for advertising purposes raising concerns over who might really want to target such users. trump ales his health think youth summit with lot of success unleashing a storm of criticism from all ends of the us political spectrum and the american media. i don't know which side is the bride and which side of that is the groom anderson but it sort of feels like we're at a wedding you have been watching perhaps one of the most disgraceful performances by an american president today's press conference in helsinki was one of the most disgraceful performances by an american president in memory. also this hour full french honors the victorious world cup team returns home to a hero's welcome.