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tv   Real Money With Ali Velshi  Al Jazeera  September 4, 2014 7:00pm-8:01pm EDT

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of letters they threw together. this is not the name of this. well, it lived some 77 million years ago, fossils found indicate it weighed about 65 tons all of the time for the news hour, real money is next. america's biggest trading partner is in trouble and that could affect you in the long run. isle tell you what is being done. also nato is now facing a cold war for a new age, i'm looking at how the alliance could respond to vladimir putin's land grab. plus i'll tell you why more americans are getting evicted from their homes, and what it says about the country's economy. i'm ali velshi, and this is "real money." ♪
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this is "real money." you are the most important part of the show, so tell me what is on your mind by tweeting me or hit me up on facebook. the world's focus is locked tonight on europe as nato members meet in whales to discuss the group's greatest crisis since the end of the colder war. russia's aggressive moves to take control of eastern ukraine. we'll discuss what a possible ceasefire could mean for ukraine, russia, and nato, but first i want to explore the damage that the conflict in ukraine is having on the already weak economies of the european union, america's biggest trading partner. today we got another reminder of the economic challenges facing europe. the president took more action to boost lending, and stop europe's stagnating economies from sliding into another
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recession. he surprised financial markets by lowering interest rates to new record lows. he said that next month the ecb will start buying various bonds and other secureries issued by euro zone banks, and suggested they may result to quantitative easing, and that involves massive purchases of bonds. all of this is in response to euro zone countries facing the triple whammy of very weak inflation, anemic economic growth, and geopolitical unrest. euro's own inflation sank to .3 of a percent last month. they wanted to be around 2%. this is a problem. very low inflation. sounds good, but it raises fears of falling prices or deflation, and when that happens wages shrink, people sit on their cash, and the economy stalls.
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today mario cut the ecb's estimate of euro zone growth to just .9 of 1%. and a non-profittist ought to in germany slashed its forecast for that country's growth. among the reasons, geopolitical risk, and uncertainty about the situation in ukraine. germany, we have discussed this before, germany is europe's biggest economy. and as i said before, the european union is america's biggest trading partner. last year the u.s. exported or sold $262 billion worth of goods and services to the eu. the eu exported or sold $385 billion in goods and services to the united states. this is just another way of saying that what nato is trying to accomplish in ukraine, and what mario is trying to do in europe could have serious implications for america's own
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economic recovery. in the russia ukraine crisis is the biggest downside risk not only to europe but to the global economy. that is according to jay brieson, a global economist from wells fargo. jay, this is worrisome, we have been thinking about this as contained to a problem between russia and ukraine, but in fact european countries are very worried about this. >> yeah, it's -- the bad thing about it is it's very difficult to quantify. in a best-case sort of situation, we don't think that russia and ukraine are going to go to war, or something like that, but, you know, in these geopolitical sort of spats you just don't know how it is going to work out, and you see knock-on effects in terms of european confidence now, and if you were to go a step further
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and see an embargo of energy exports that would put the european union into a pretty deep recession and could have knock-on effects here in the united states. >> let's separate what we know can happen with what might happen. if there is an embargo where europeans voluntarily choose not to buy gas, or they stop russian gas from flowing through ukraine into europe, that is very serious particularly for industrialized countries, germany being the biggest, but even italy, countries that really rely on the natural gas for heating and electrical production and running industry. >> absolutely. germany gets something like a third of its natural gas imports from russia, a quarter to a third its oil imports are coming from there as well, and people who are old enough to remember the 1970s with the embargoes with oil here, that put a
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serious crimp into the u.s. economy. so it's nothing -- again, these things are difficult to quantify and forecast, but it's something that people should be aware of. >> right. it's important to understand that europe pays more for natural gas that americans do anyway by a good amount. >> right. >> but the toughest part to quantify is what that european consumer is thinking about all of this, and what they are doing about all of this. when violence and war is on a horizon, no matter how far it is, people tend to behave differently. and it has taken the european consumer a while to come out of their shell in the first place. their recovery took a lot longer than american recovery did. >> yeah, and actually i would go a further and say some of those countries are still extremely weak. the size of italy's economy is 9% smaller than it was in 2008.
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germany has recovered the whole way, but france has stagnated recently. the spanish economy is still a lot smaller than what it was, whereas the u.s. economy has completely recovered, by and large, from the economic downturn of a few years ago, europe is still very much in the hole. >> what is the logical thing to do. obviously mario, and the european central bank, and these leaders, you know, can watch and see what russia does and hope that they don't do much more, but in the end is what the european central bank did by reducing interest rating and suggesting they might flood the economy in other ways, is that the best thing that europe can do right now? >> i think this is on the margin. if you look at quantitative easing that was done here in our country, we all know those steps helps on the american, but it takes a long time for a lot of the effects to really come into
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play. the best thing that can happen for europe is really two things. wounld would be the rest of the world continues to grow. that will help them through stronger exports and help turn things around there. and they have taken a lot of steps for fiscal austerity in the past few years -- >> so they have some room to adjust -- >> i think -- if i was the so cared czar if you want to use that term here, i would let up on some of that fiscal austerity. and frankly they have done some of that, but they could do more. >> there is nowhere else to go with interest rates when you basically hit zero. this isn't 2008 when the whole world is suffering. jay good to see you, thanks so much for being with us. jay brie soon. american and nato need some
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other countries to pony up if they want to stop russia, and how nato is wrestling with a get tough policy. in that and more when we continue.
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it's been a very busy agenda for leaders of nato in whales today. ukraine tops the discussions as nato leaders made pint of showing unity with ukraine against russia. ukrainian president expressed his optimism about ceasefire talks scheduled for friday. pro-russian rebels said they were ready to reach a ceasefire if a settlement can be reached. russian president vladimir putin first raised the prospect of a deal with a seven-point plan yesterday. meanwhile heavy armed vehicles are headed towards mariupol in
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eastern ukraine. this is just the latest development that has caught the rest of the world off guard. patricia sabga has got more. >> reporter: as nato leaders gather in whales, scepticism over russia's proposed peace plan for ukraine. >> we call on russia to step back from confrontation, and take the path of peace. >> reporter: russia's foothold includes crimea, annexed in march, and pro-russian rebel-held territories in eastern ukraine. the country's vital industrial heartland. even if the rebels failed to your mariupol, moscow's territorial gains still give it
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influence. >> it helps ensure that nato and eu membership remain very, very far away for ukraine. >> reporter: ukraine is not a member, but they have bolstered nato's eastern flank. western sanctions have harmed russia's economy, but failed to bring the kremlin to heel, or damage the popularity of president vladimir putin who continues to deny any military involvement in ukraine. patricia sabga, al jazeera. all right. you just heard in patty's stories about pro-russian rebels possibly looking to take mariupol. let's get a look from the ground now. harry fawcett witnessed a convoy of heavy armor moving in to mariupol. >> reporter: heavy armor on the move towards mariupol on the day nato said there were several
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thousand russian troops and hundreds of tanks, this is what we saw. we counted 11 battle tanks, two armored personnel carriers, a multi-launch rocket system, and several mobile pieces. all past a town which fell last week heading into ukrainian territory. this is the main road, we have been all the way along it. we were stepped at the first check point by a very professional group of fighters. one had a wristwatch set to a russian time zone, but we have seen no kind of military installation before getting to the russian border. now we'll being told to travel back down this road is simply too dangerous. >> it was soon clear what that dangerous was. this was the assault on the town halfway back towards mariupol. then the shells were coming down close to mariupol's main eastern
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defenses. already looking seriously outgunned. this man's unit had come under direct fire. he has no doubt who his men were fighting. >> it was a regular russian army. and a few -- maybe separatists who helped them, but most of them is regular soldiers. >> reporter: and putin and poroshenko are talking about a ceasefire and you are being hit by fire. >> everybody can see what putin says and what we do. >> translator: we haven't seen them either. >> reporter: the man in the blue suit is the politician in question. the kiev-backed governor of donetsk now in exile in mariupol. >> translator: i'm sure with tanks and machine guns they don't plan to make peaceful
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negotiations. surely they want to seize this region, but don't have much chance of success. >> reporter: both sides are talking about a ceasefire. the question is by then whether mariupol will still be in ukrainian hands, or have become like other cities. and an earlier soviet era is twitching back to life. harry fawcett, al jazeera, southeastern ukraine. as nato leaders converge on whales for the summit, putting a stop to putin's aggression is no doubt at the top of their list, but my next guest says if european members want to properly tackle the problem in their backyard, they need to start pulling their own weight. we got into this topic earlier this week, and you are so well versed on this, we started talking about nato in the midst
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of talking about burger king and tim horton. everybody wants to stop russia until it comes to paying the bill for your piece of nato that is actually going to do it. >> yeah, this is european's problems. this is in their neighborhood. so is the middle east i would argue. we have the americans nay toe chief saying spending at least 2% of your gdp on military. only five of the members do out of the 28. the united states is there with 48,000 troops in germany and bases that germany and the europeans aren't paying for. >> right. >> so what a lot of us are saying is they are laggards, and that includes canada, who is a nato member, who is only paying 1% of gdp towards military expenses. get your acts together, either pay the americans to do the job for you, or do it yourself. right now they are just snacking
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off of the united states taxpayers and allowing them to come in and organize everything >> and there is a reason corporate tax rates are higher than everybody else, and that is because defense is major, major part of spending. canada has access to nor ad, i which is in boulder, colorado. >> that's right. and there hasn't been a clear or present danger either against canada, although i would argue that russia is going to start to play games in the arctic. but now we have a clear and present danger. we have a country that has been inri inride -- envieded by russia. after a treaty that was signed called the budapest memorandum.
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they are completely not enforcing that. we saw russia give the missiles that shot down a commercial jet liner to terrify everybody. he is double talking all the time. and putin is making it very clear that he is inquisitive and he is not ending it. as the summit opened he chose to go to mongolia, another unprotected possible future ukraine situation to make a statement. he is not stopping and he won't stop and so nato has got have a force ready and got to get involved in helping ukraine directly. >> and they are going to be speaking about a strike force they can get together, but you would think this was their focus today, but they have actually got to think about islamic state because that northern part of iraq and syria boarders turkey, which is a nato member. >> absolutely. everybody is under threat by this. and there were two 9/11s in
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europe. and the british are pulling their weight. the spanish aren't. and a lot of the members inside nato, like the czechs and slovakians are arguing against sanctions against russia. >> why is that? are they burying their heads in the sand, or they know the reality is if you want a stronger force to protect europe, you have to pay the bill? >> i think it's all of the above. and they are may ostridge and they have got to stop. and i think the americans need to be tough and say help us replace them or add to them or here is the invoice. >> it is going to be a tough situation. they have a stimulus program going on, and worried about slipping into recession. the last five or three years might have been a better time to have those conversations. but now they are worried.
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do you have any hope that there will be some positive outcome. >> i think they feel now under pressure that they have to do something. and it's not just a strike force to have at the ready. britain france and the united states have a responsibility to not allow this to happen. it is an invasion. whatever he says. >> like britain and the u.s. are the biggest contributors to nato at the moment. diane good to see you again. >> thank you. one of nato's other big concerns is what to do about the islamic state's dangerous games in iraq. plus living paycheck to paycheck and lease to lease, i'll show you how close many americans are to getting tossed out of their homes. ♪ >> my heart is racing so fast >> standing at a crossroads... >> my parents have their plan. i'm gonna do what god asks me to do before what they ask me to do... >> can a family come together? >> do you think that you can try
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and accept me for me? >> life changing moments... >> my future is in my hands right now... >> from oscar winning director alex gibney, a ground breaking look at the real issues facing american teens on, the edge of eighteen only on aljazeera america
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♪ residents of a village north of bagdad say the militant group, islamic state have
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kidnapped dozens of sunni men. they say the men were loaded on to trucks and driven away. the grizzly beheadings of two american journalists have catapulted the group on to the a genda of nato's meeting in wales. the secretary general said the alliance would consider going after the militants in iraq if the iraqi government requested help. this man has a front row view if you will of what is going on. tell us of the latest developments, josh. >> reporter: sure the kidnappings happened in kurkuk where i was today. the violence does continue and part of that violence happening there could be because of
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breaking the siege of another area. a number of those fighters fled north through the province. some other fighters were in a battle today. i know on your show we talked about running into the metti army. five soldiers were killed in a shootout with islamic state fighters. seven islamic state fighters were killed. meanwhile the battle in tikrit is ongoing. tikrit also a islamic state strong hold. >> the islamic state group would like this in iraq to play out as a sunni very shia war. the bagdad administration being see ya -- shia, the sunnis not being treated particularly well by that administration. the groups fighting against the
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islamic state group are not breaking down shia shoe shoeny -- sunni lines necessarily? >> they are and they aren't. i talked to a tribal leader, and about 40% of his tribe are shia, and the rest are sunni, so they can cross lines. but the politics are happening in bagdad. those same politics are playing out on the ground here. those shia political groups, they have shia militia hear fighting, the kurds are taking land that they have long wanted to be part of kurdistan, so we're seeing politics by another means. here in the statement from nato, shouldn't be too surprising, because it does border wart of a nato state, so nato's involvement here, you could see that coming down the line.
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>> right. and that's why nato has to keep its eyes on a couple of things. russia and the islamic state where you are. all right. josh we'll stay in touch with you. president obama joined david cameron in writing an op-ed place calling on nato to confront the growing threat in the middle east. mike it's like watching a tennis match between whether nato is talk about ukraine or the islamic state group. they were fairly focused on both today. but with respect to the islamic state group, i'm sure iraq is going to want their involvement. >> first of all when you talk about that op-ed that was written jointly, we will not be cowed. obviously britain very concerned. the united states has some 100 american passport holders fighting for the terrorists
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against the assad regime, including several fighting now on behalf of the islamic state group. david cameron, britain more on the line of 500 and after the murder of the second journal list, a foreboding warning from the terrorist, saying a british citizen was next. so obviously a great deal of certain in europe, britain and germany as well. when you talk about nato involvement and what is going on in iraq, obviously that's not going to be anything new. the international forces in afghanistan have been largely a nato undertaking, of course, lead by the united states. there is a nato pressing dent for operating in iraq itself, and there are very sensitive military installations that ring in iraq, and in iraq there are the embassies and conso
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console -- ate, president obama also wants to bring in the big guns. >> it's worth noting the little you hear out of islamic state, they are often threatening turkey, talking about how they will deal with turkey. turkey neighbors of syria and iraq, and while the kurds are in control of the area that borders turkey, turkey is a nato member. so there is actually a chance that a nato country could have direct involvement with the islamic state. >> right. and it's obviously very sensitive. you have secretary kerry, secretary hagel, they will be consulting with allies. we can bet it is not only to be persian gulf allies, but also
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nations like turkey, and the base on the southern border of turkey is a key nato installation, and while the administration has said there have been bombing runs not only off of fighters, but also from bombers, presumably from places like insurlik, although it is a very sensitive subject. they don't want to incite retribution from some of these groups towards close allies. >> you were mentioning david cameron very concerned with the number of brits who is involved with isil. eric holder addressed the issues of americans fighting for the islamic state today, what did he say? >> well, he said a number of other things. he was asked about the investigation and he revealed that fbi investigators and other
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authorities from here in washington have been deeply involved in identifying -- looking at those video tips and assisting the brits in identifying who the purposes were, as well as where they are, and other intelligence operations that could perhaps facilitate anything that the administration and president obama ultimately decides to do, ally, and obviously that is still up in the air as these negotiation continue. >> mike good to talk to you. a couple of years ago if you were late with the rent the landlord might have let it slide, but not anymore. and i'll tell you the true cost of not fixing the tax code.
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american businesses are still in a hiring mode. the private sector in america added 204,000 jobs in august. that is the smallest number since march, but shows that labor markets remain firm if not robust. tomorrow the government will report its unemployment figures for august. economists expect about 225,000 jobs were added last month. if the prediction comes true, august would mark the seventh consecutive monthly gain of 200,000 jobs for more. we'll discuss that tomorrow. meanwhile u.s. workers rebounded to become more productive in the three months ending in june. the government says productivity rose at a seasonally adjusted annual percent of 2.1%. they a major recovery from the first quarter when productivity dropped. an increase in productivity
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means companies with pay their workers more without having to raise prices. for the last 12 months labor costs have edged up very modestly, the federal reserve keeps close watch on productivity for signs of inflation. the great recession has changed the way americans live and where they live. the 2000s marked the strongest decade of growth in households that rent over the past half of century. and since the recession that pace has sped up. today an estimated 43 million american households rent instead of own. but as this report shows a growing shortage of rental properties has meant even though living with a lease may find themselves living on the street. >> reporter: forget the dream of owning one's own home. the number of households renting has become the norm.
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a safer choice. but stagnated incomes and spiking rent has translated into a surge of evictions. >> we have a continued growth and mismatch between the number of low income households that are in the rental housing market and the number of units that they can afford. >> reporter: there's no national data tracking evictions, but local statistics suggest a startling trend. in milwaukee county the number of evictions jumped 43% from 2010 to 2013. san francisco leapt 38%. the state of maine grew 21%. massachusetts 11%. kentucky 8%. and in the last fiscal year alone, new jersey had one eviction filing for every six renter households. the cause? experts point to the severe shortage of rental housing
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nationwide. the recession created a new wave of renters. and strained household budgets prevented would-be buyers from staking a claim on new homes. in the second quarter of this year, the rental vacancy rate sunk to its lowest level in seven years, while rents remain close to their peak. nationally half of all renters are now spending more than the recommended 30% of their income on housing. up from 38% of renters in 2000, and that means the low income households living paycheck to paycheck, one financial stumble can result in missed rent payments and eventual eviction. >> we're talking about people with $35,000 a year or less, and when you are spending 60, 70% of your income for your housing, then you really don't have any cushion for error or
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emergencies. >> reporter: once evicted a host of other concerns can crop up. parents find themselves far from their jobs. children miss school. overall health outcomes suffer. federal housing funds have either dried up or suffered budget cuts. and while developers are now racing to build more apartment buildings, they have largely targeted higher income units, leaving low and mid-range tenants still out of reach. vacancy rates have dropped so low, that rent coulds rise on average as much as 4% this year, compared to 2% last year. and according to a recent harvard study, the number of renter households is going to grow by an estimate 5 million in the next decade.
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this housing advocate says the financial squeeze on renters has been a growing crisis years in the making. ethan, just talking about those -- those rent increases on an annual basis, we -- we -- we know for a fact that workers, wage earners don't see wage increases that come anywhere close to that. >> exactly. the incomes are not keeping pace with the pressure on rents, and that's particularly true in areas that are most desirable to live in. national averages around 4%, keep in mind in places where there's lots of education, and job opportunities, the increases are going to be much much more. >> right. new yorks, san franciscos, these places are very hard. in new york you see nothing but construction of buildings, many of which are rentals, because developers know that is lucrative ground. these are high-end rental units
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for people who either want to be mobile or are not buying a house. >> well, new york city is its own special place, but one of the interesting things about the mayor's plan that he has been discussing is to include affordable apartments in those market-rate rentals. and that's a trend we see nationally. inclusionary housing is a way to make sure there are long-term affordable units. >> we have referred to that as the poor door phenomenon here in new york. where you can get in at a lower rate, but in many cases they want you to use a different door so the wealthy neighbors don't actually have to see the poor neighbors walking in. this is a problem, though. there are a lot more people who are renting, because they can't qualify or lost their home or were foreclosed, the traditional patience a land lord may have
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had, saying they are fallen on hard times, it is just simpler to get rid of them. >> you cut someone a break if they renew. but if rent increases happening very quickly in very large amounts there is more of an incentive to evict. >> what is the balance of laws? there are someplaces in the united states where you can't evict somebody unless there is chronic problems. but there are places where there are no protections for tenants. what is the mix that best helps this situation? >> new york city developers want to develop and it has very strong renter protections. i think the issue is less about how strong we make the protections but how much we ease the challenge of instability. your piece i think very clearly highlighted that the problem that affects households is when
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they don't know where they are going to live relative to where they work, where their kids go to school, where their doctor is, that is the most damageable. so if we have policies to balance that against sudden and disruptive changes in household location, that's the balance you want to strike. >> but that is a much, much bigger problem than dealing with rent. that's the intractable problem of our time in america. >> no question, and i think focusing on eviction is focusing on the system. what we have is an imbalance between the demand for house, and the amount of available housing there is. a lot of that is because of local policies, and to some extent state policies that make it hard to create new homes and hard to preserve those that are there. so we have to think about making sure there is a supply of affordable homes for the people that want to live in areas of -- of high demand. >> i want to bring you back to
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new york. you said new york is a place with good rental protections and people want to develop. is there enough incentive for people to develop homes that middle and low income workers can afford? >> i think everywhere we could do better. the incentive primarily is to develop at the highest end of the spectrum, but if we would ease up on the limitations of development, i think you would see more development at the lower end. >> we have studied philadelphia and part of its problems with its inner city, and part of the problem is that older housing stock that can be converted to serve low and middle income people is usually being sold off, broken down, and developed into high-end housing. >> indeed. indeed. it's really a difficult problem for local planners and zoning
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boards. >> ethan i hope you'll come back and we'll have this conversation a little longer next time. >> thanks very much. if approximate america doesn't change its corporate tax code, your job could end up overseas. i'll explain. plus how a bad weather in turkey could effect the supply of something americans eat quite a bit of. only on al jazeera america
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♪ it's been four years since the horrific oil spill in the gulf of mexico, since then bp has been waiting to hear its punishment for the company's role in the blowout. and today a federal judge blasted the company saying bp was partially responsible for the spill and called the company grossly negligent. jonathan martin has more.
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>> reporter: bp now faces up to $18 billion in federal penalties after this ruling. they found it is guilty of gross negligence and reckless conduct. the federal judge in this case said bp, quote, made profit-driven decisions during the drilling of the well, writing: now the blowout killed 11 men and sent a government estimated 176 million gallons of oil gushing into the gulf of mexico. the judge also decided that bp bares the majority of the responsibility. bp says it has already paid out $24 billion in spill-related expenses, including cleanup costs, penalties, and compensation to businesses and residents. bp issues a statement saying they would appeal this ruling,
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saying they wanted an impartial view of the record, believing an impartial look at this case would yield a different outcome. there has been a lot of buzz on capitol hill about america's corporate tax policies last week. the talk heated up after the deal between burger king and tim hortons. burger king will move to canada and cut its tax bill in half. the trend has sparked plenty of proposed reforms. now on monday, treasury secretary, jacob lou will address these corporation inversions in a speech and could provide clues as to how the obama administration will approach the issue. but according to new research, anti-inversion policy proposals could push even more companies to foreign lands and put as many as 42,000 u.s. jobs at risk.
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gordon grey is director of fiscal policy at american action firm and joins me from washington. gordon this is counter intuitive to the message a lot of people are hearing about this. there are sort of two messages. one is that -- stop these companies from inverting and going elsewhere, or adjust the tax rate, lower, and have them stay. but you are actually warning if we did do anything to stop them, it will cost american jobs. explain how. >> sure. i think it's important to understand that we have a couple of things going on right now. one we have a broken tax code and that's what is driving a good deal of this activity. and two, the proposals we're probably going to see in the next couple of months don't do anything to fix that problem. in fact as we talked about today in some ways they can make it is worse. one of any proposals that has been kicking around from the president's budget to capitol
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hill would try to make it a little bit more difficult for these companies to do these cross-border mergers, but they would say if you are still head quarterered in the united states then you don't get to do it. all that does is so long as we have a lousy corporate tax code, it says fine, we'll ship our headquarters to canada, u.k. or ireland. and that takes all of those good-paying jobs -- >> let me ask you this, though. i spoke with kevin who i know you worked with in the past, and he was saying wanting tax reform, he doesn't think inversions should be something we should be working to prevent. if a company can go somewhere else and end up with more money on their bottom line, he thinks
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that's good for companies and workers. >> well i agree these narrow issues that try to stop inversion are a lousy policy. and it is not the 1950s anymore where we have sort of a monopoly on economic activity. capital is free and mobile. we should focus on the kind of reforms that recognize that. make the u.s. attractive to investment, and make it more competitive, but also recognize that sometimes there are going to be intrinsic business reasons for these companies to go overseas, and as long as they have u.s. stockholders, and u.s. interest, yeah, that's good for american people. >> let me ask you this, gordon, you are a conservative. everybody on all sides talks about comprehensive tax reform. but when we talk about the last time there was any attempt at
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comprehensive tax reform, not cuts for people you like, or hikes for people you don't like, ronald reagan maybe? >> well, there was some hope here in d.c. that in the last year we might have seen something. we had chairman camp working on a proposal, even chairman baucus, involved in some of these discussions, and it didn't help when the president literally offshored him. sent him back into china at a time when you needed the tax writing committee to try to get -- >> do you believe that? i think pigs will fly before democrats and republicans get together on any sort of legislation that actually matters. >> well, look, there's a reason why -- the tax code is -- as we understand it is about 100 years old, and there has only been handful of reforms, so it is always hard. compared to zero, i think there was a time when people around
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here thought, change is greater than zero, which is saying something. >> i'll give you that. gordon thank you so much for being with us. fast-food workers coast-to-coast went on strike today using what organizers used what was called civil disobedience. they rallied in over 100 cities across the countries. dozens of arrest were made across the country. this is not the first time fast-food workers have taken to the streets to press their case. many of these workers make the current federal rate of $7.25 an hour, which some argue is an unlivable wage. so coming up what does a guy have to do to actually get kicked out of a supermarket?
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♪ there are more than 50 hazelnuts in this 13-ounce jar of nutella. enjoy it while you can, because production could be affected by a freak storm that destroyed crops of hazelnuts. as barnard smith shows us, farmers in turkey are fighting for their livelihoods. >> reporter: it's crunch time for this hazelnut farmer. his crop is down by 90% this year. it's scenario being repeated across the province. at best it will earn this family $2,700 profit for an entire year's work. >> translator: there could be an exsu does from the reason gone.
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>> reporter: a hard frost in march, and a freak hail storm killed off much of the flowers, but only now is the scale of the loss becoming clear. turkey's hazelnut trade group says this year's national harvest has been all but wiped out. 70% of the world's hazelnuts come from here in turkey's black sea region. it's harvest time, and these orchards should be a bed of activity, but there's no nuts. that means not only could a jar of this become very expensive, but no income for the farmers around this area. they are paying only $2 more than last year despite the shortage. the price is set in germany, where turkish producers have little influence over multinational corporations. >> translator: today companies are able to buy hazelnut at the
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price they want. the farmer is the last to be considered in the case. >> reporter: traditionally laborers have travelled from power regions of turkey to earn $17 a day gathering the nuts. so the effects of the crop failure are widespread. now they will all rely on next year's harvest to pay this year's debts. everyone is scratching for a living. bernard smith, al jazeera, in turkey's province. back here in america, the debate over gun control now loves kroger. people are debating whether it is okay for customers to walk around stores while carrying loaded guns. there is a new ad campaign that asks customers to boycott crowing -- the company.
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this ad says one of these isn't welcome, guess which one. kroger bans customers not wearing shirts, you are not allowed to bring food in, or ride skateboards, but kroger doesn't seem to give a hoot about customers to carry an loaded gun with them. kroger says it abides by local laws. but gun lobbyists have been effective in painting gun control as a violation of rights. the mom's group wants to change that. they have convinced other corporations out there that fear activists more than backlashes of supporters of so-called open carry laws. it's a too early to tell if the group will make waves are kroger, but it's something we'll continue to watch.
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that's our show for today. i'm ali velshi. thank you for joining us. ♪ ♪ hi, everyone, this will al jazeera america. crisis in ukraine,s syria's talk of a possible cease fire, but the battle rims on, exclusive video of heavy armor. nato leaders meet at a pivotal moment, how to stop the islamic state group while keeping russia in check. ferguson police, under new scrutiny, the attorney general launching a federal investigation. what will it mean for polief