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tv   Boom Bust  RT  January 3, 2018 1:30pm-2:00pm EST

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so. it's very destabilizing and i think it's undermining u.s. ability to negotiate solutions to problems so whatever policy donald trump is concocting stirring trouble on twitter is something that is going to stay it goes down of r.t. . as it was said they've all the world's leaders north korea's kim jong un has been most targeted by trump's tweets of late after one of his most recent posts and development on it tell you about the battle of words that descended into insults about the size and power of the nuclear buttons. the entire u.s. mainland is within the range of our nuclear strike and the button is always on the table in my office space you clearly know that this is certainly not a threat but rather a reality when someone from his depleted and food starved regime please inform him that i do have a nuclear bomb but it's a much bigger and more powerful woman his and my but this is certainly not anything
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to talk about but i think the situation despite the confrontational rhetoric has been step allies somewhat there's a recognition that there's a stalemate rex tillerson a few weeks ago did indicate the possibility of negotiations even without preconditions donal's from. this kind of talk remains popular with his right wing supporters certain me donald trump at this stage does not believe that he is ready to make the first small so perhaps a tool careers may make the first move. in other developments kim jong un has now reopened across a border communications link with south korea what's being seen as a significant diplomatic breakthrough but at the same time the standoff between the u.s. and north korea looks set to continue into twenty eighteen out of what's already been twelve months of personal attacks and vicious threats from both sides.
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here of strategic patience. with the north korean regime has failed. make it work threats to the united states. they will be met with fire fury. the u.s. neglects the international community's will establish peace on the korean peninsula behave like children fighting each other in kindergartens and nobody can stop them . and we can't have mad men out there shooting rockets all over the place we will have no choice but to totally destroy north korea. rocket man is on a suicide mission for himself no one of them prompt himself is on
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a suicide mission. and i guess. what we need a pause we need dialogue. is a sick puppy. twenty seventeen saw world changing events but it also was a year wasn't it when sometimes it was harder to tell fact from fiction the term fake news swirled around global news coverage more than ever last year jacqueline berger explains next what propelled it into the mainstream media. fake news the term that has filled the headlines and your social media feeds for the past twelve months has been deemed two thousand and seventeen is word of the year at least by collins dictionary the nation relies on me to read truthful facts so i can't say that sandwiches of got on strike. it's news stories are sick. and the mainstream media would have you believe that fake news goes hand
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in hand with topics such as russia putin and the kremlin fake news that's being spread by russia fake news has dominated the true had lines fake news spread by russia fake news kremlin spread misleading or otherwise fake news certain outlets even to the battle against the fake news phenomenon to the front lines this is an apple. some people might try to tell you that it's a banana you might even start to believe that this is a banana. but it's not. isn't. facts first should go without saying but the mainstream media have found themselves in the wrong on a staggering amount of occasions even c.n.n. has been guilty of it they were forced to retract their report on a connection between anthony scaramucci who was on trump's transition team and a russian investment fund manager issuing an apology for the false story three people lost their jobs over that one but of course there was the breaking news one
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in september by most major outlets in the u.s. dropping the bombshell that the russians had attempted to hack the election systems in twenty one states caught red handed it was the evidence everyone had been waiting for to prove the russians did it until one by one states came forward saying no hack here and the story of two thousand and seventeen quickly crumbled onto december and some of america's most influential news outlets spread another explosive and one hundred percent false news story to millions yes the wiki leaks token of help to the trump campaign and the hacked d.n.c. emails wiki leaks equals russia therefore one plus one equals three and the kremlin and trump are in cahoots the message sent in the final stretch of the twenty sixteen campaign if this e-mail on september fourth gave donald trump his son and others a decryption key for hacked wiki leaks documents illusion question right because we could weeks was actually acting as an agent of russian intelligence the media frenzy was however short lived the files had in fact not been handed over before
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being made public but after so not the knockout blow to the president they were all hoping for surprisingly about the whole story was based on one e-mail from our random guy and somewhere in the build up to the revelation hitting the headlines numerous people had read the date incorrectly the list of fakes goes on and on especially for russia somehow in the mix and inflammatory claims centering on russia are some of the best click bait out there and that's despite one major outlet being caught admitting the hype was all just a big red herring what do you think's going to happen this week with gold rush is. going to be really so perhaps the word of the year should be anonymous i grabbing headlines and allegations quickly turn to guilt despite no evidence all it takes is anonymous sources. reporting the. new year but already a deadly start in yemen we'll tell you when we come back.
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this periodic album number seventy nine unique attributes that make it great for money. but not more in a vacuum it has got forty years of history to it it's evolved through all these technologies it's a unique protocol and it like it is attracting a huge amount of capital for for the for the cheap and you can't say that you can simply go out there and create another one there are competitors of course just like there are competing species on planet earth for energy to survive but there's
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only one tax credits or that is at the moment before you die. again this is out international yemen has suffered its first deadly airstrike of twenty eighteen already with more than twenty killed in the port city of new year's day in fact just a week ago through the world's biggest humanitarian agencies joined together to highlight that yemen has passed now the grim milestone of ensuring more than a thousand days of war explaining that three quarters of yemeni population needs humanitarian aid and that about two thirds are deprived of food water and decent sanitation. if.
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i am poor i have no tender and i suffer from the cold. i was given a place to sleep by some people to warm up on hot days right on the sidewalk. but there is no doubt that health comes very rarely wants to gear but now we have no help or blanket on tiger fifteen people sleeping on. the ukrainian army is going to see a military boost in twenty eighteen at least according to its president petro poroshenko he tweeted that ukraine's military budgets increasing to
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a record three billion dollars now and that the us weapons will be bolstered by locally produced hardware. part of history of the war in ukraine it started twenty fourteen after the uprising so the government proposed but it was met with resistance in the countries pro russian east leading to armed conflict against government troops into regions the un says more than ten thousand people have been killed over it all and small compared to richard becker thinks washington's weapons sales though have got little to do now with bringing peace. the aim here on the part of the u.s. government remains the aim that it has had for several years and that is to attach ukraine not only to the european community which the u.s. doesn't care that much about but to bring the ukraine into nato as well which would pose a very great threat to russia if that were to take place considering that the i'm going to spill it it's expressed from washington and from nato headquarters is
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so prevalent so we can't really distinguish between draws some sharp why and between often said in defense of weaponry in this case it's all the offensive and defensive weaponry both necessary for any modern and forces. on the other hand syria and iraq twenty eighteen the forthcoming does mean emerging from the shadows somewhat of isis brutal rule at least few families were left on scarred by what they went through our senior correspondent laura garza have has the story next of two young syrian girls he met in the ages gone who is struggling to survive but then after being left alone in the ravaged city of dinners or. meet sadly she's five maybe six or seven she doesn't know and least markets the streets. surviving isis is c.-h. of datasource was no mean feat so many perished as
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a result of starvation sickness violence. if. sally is a survivor she has a sister and brother were abandoned by their parents years ago they divorced and left the children to fend for themselves and family and my own will you stand oh oh. on the land she spends her days begging stealing playing and surviving no easy lot for them in this life former neighbors who knew their family have taken pity on the kids and have looks out for them but it's not easy mark of us now but i wanted to take her in and she kept escaping i sent people to look for her but she never stays in one place long show escapes.
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sally's sister all she has left since her brother died of starvation we found the older girl at the end of this gloomy bullet riddled cargill is a room with broken windows in it leaves a young girl with only flies bloodstain mattresses for company. about a month ago sagitta who doesn't remember her age was brought in with a head injury when she fell she damaged an implant that siphons away the fluid different people tell different versions some say the full was accidental others attempted suicide but i believe the fluids keep building and there will be
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consequences she will lose her sight hearing and the ability to swallow much of the pressure on her brain was grown. in hospital i don't know she'll find new cures in that as order as we were filming a nice a shell landed just a few hundred meters away sagitta needs to get to damascus to survive but lacking identification relatives and trapped in a war zone it's difficult to see how that's possible. sagitta doesn't get many visitors but there is one vigil person who always makes us smile. if left alone sagitta begins to scream and cry she needs people there is cool is for optimism. touched
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a chord action is being taken to get the girls out. but all they really have to cite for. is each other or i guess. from syria. so to see the plight of those girls and it just is a snapshot of life their work until we've got a bit of positive news on young at least since that was back in october seems she did make it to damascus artie's local source informed as she did undergo some surgery there in hospital to help a brain condition maybe a vision as well she's now back with his sister is going to be a real uphill struggle for both those girls let's hope the twenty eighteen brings them a bit of a brighter future and on that note that's this news are up this hour thank you for watching it's twenty five minutes past four moscow time if you have done so already start off the new year by downloading are a great great way to stay in touch with. i'm kevin i would think so much watching is a more sort after this quick break. when
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you don't. know. if you speak french.
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in the heart of the swiss alps this is a place probably more secretive than the pentagon more mysterious than the cia and better guarded than for knox swiss customs are placed on the site is controlled by them and they impose the opening times. it is from his office the procedures in place of the strictest in all europe masterpieces by artists like pecan so and modigliani i can't boards and sold inside this warehouse that's where the report comes in it covers a. naturally discreet commercially discreet step but also discreet because they
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concern fraud for some of those paintings are linked to dark secrets nobody knows how many of these secrets kept inside the geneva freeport. you'll never obtain an inventory of all the works in the freeport who knows how many there are three hundred three thousand three hundred thousand is it a matter of confidentiality only is it the world's black box of the art business. this is boom bust broadcasting around the world from washington d.c. i'm bart chilton and i'm not just filling in this time i'm actually in over the years i've been a guest on myriad television program then radio program i was
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a guest with ed show on his show radio and t.v. and when the news with ed schultz began here at r.t. america i was pleased to join him on occasion and last year i had the good fortune to meet lindsay france the former host of this show boom bust and enjoyed being her guest so thanks to lindsey france and especially thanks to ed schultz and to the experience an expert management here at r.t. america really pleased to host the program and now i get to question more and i can't think of a more important time in my life to be doing so there's more social economic and political turbulence and tumble even a little trouble than i've ever seen in my life my pledges to keep boom bust fun entertaining and lively but to ensure that we do what i've tried to do throughout my career and to let folks in on what's going on not just in washington and other capitals around the world but on wall street and in global financial centers the intersection between the washington's and wall street to the world have never
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impacted main street an average folks so heavily i've always had strong opinions on many matters but we want we will demand all sides here we won't be overly partisan or oppositional that happens all too often in our society we won't merely drink the tea have our own biases we've become too divided too polarized to the point we don't even listen to each other. and part of that is because many times people are innocently being fed mis misinformation lies lies even political propaganda some of the false hoods are fabricated from whole cloth they're designed to deceit and to deceive people others for political positioning with titillating tall tales that are ten amount to fraud so what boom bust even in this topsy turvy world will endeavor to look past the commotion and the confusion and provide a compelling and financial business stories that impact you your families and our
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businesses with that i welcome actually banks joining me for today's show let's get right into it bar let's get to it. more than twenty two people have been killed and four hundred fifty protesters arrested in iran as iranian president hassan rouhani might be reevaluating his economic policy it's iran continues to face a major protests in response to the nation's economic woes a study conducted defy the key complaints of citizens found that the majority of people had issues with unemployment weak purchasing power corruption a weak currency the reaal and an unequal distribution of wealth among iran's regions these issues have been part of a larger problem since the lifting of economic sanctions think sions on iran back in two thousand and sixteen the same sions were put in place today here on the nuclear proliferation programme many of the citizens were anticipating
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a major economic boom but so far non oil parts of the economy are still struggling even as president rouhani introduced austerity measures which has been viewed and negatively by the public while the government has officially determine the unemployment rate to be around twelve point five percent many believe it to be much higher among iran's younger population the reaal has also grown a weaker. against the u.s. dollar sinking to forty two thousand nine hundred from just thirty six thousand a year ago foreign investment which could be a boon to iran's economy has been minimal and part due to u.s. president donald trump stance against iran. but according the most common that crypto currency has long been a go to favorite for criminals operating on the dark what now there's a new criminal court on the rise making it easier to commit online crimes they're
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called privacy queens or you're a new breed of crypto currency designed to be harder to track due to law enforcement mainly monitoring bitcoin this new digital currency has flown under the radar for the last few months poll the european union's law enforcement agency is one of a report three months ago citing that crypto currencies like mon nero and z. cash are quickly becoming popular in the digital black market money has become so popular that it has risen in the ranks to become the queen of choice for online criminals because bitcoin is underlying technology makes a detailed record of all transactions. take it a step further by encrypting the users ip address and set of generating a fake what minerals price has quadrupled in value shooting up from ninety one dollars in october of two thousand and seventeen to nearly three hundred and fifty dollars currently.
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later that mark the one year anniversary of donald trump's inauguration as president let's take a bird's eye view of the past year and then take a look i had at twenty eighteen joining us is veronica birkenstock a former member of the campaign finance committee and part of the trump transition team last year ms birkenstock thank you so much for joining us many of us had all lot of high hopes last year for what candidate trump a spouse did his goals yet i'm not sure he's completed all those things for a number of reasons but how do you view what the president's done in the last year given that he's had these republican majorities how do you grade the president first first year in office. i think president has done a mazing job i mean this tax reform obvious it was his first piece of major legislation that's actually passed through the house and senate but there's still a lot of work to do we've had a four percent growth rate in our g.d.p.
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and the mandate for health insurance that they are has been now null and void so i am very optimistic about what's going to happen in two thousand and eight ten cannot wait to see what actually happens on january nineteenth and and moving his agenda forward so let's talk just a little bit about tax reform because i like a lot of people and you i assume were really positive on what he talked about you know i wanted to give average folks a tax break and certainly of corporate folks to the guy that follows business and finance and they got that they went from thirty five percent down to twenty one percent but on average folks you know it's not so sure that this is going to be a good deal millionaires and people making above half a million dollars a year are going to get a tax cut but the folks that are making an average i think the average there in texas is like fifty six thousand and change and it's just a little bit higher than the national average those folks may be at
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a few hundred dollars but at the end of the the years you know they're going to pay a few hundred bucks so how does that square with what he promised or is that just the best you think he could get done. well i think i disagree with you on that i think more than eighty or eighty five percent of people are going to actually say a huge drastic cut in their taxes not only in their taxes but also in the average wage we have unemployment now the lowest it's been in seventeen years and so we have seen wages increase and most people will say i'm pretty sure by the time the payroll checks around the table where people actually be able to visually see it and not just hear the pundits who are disagreeing us and this was just a millionaire's program because i don't believe in that actually believe that the majority of the american people will actually say a tax decrease this year well that's a talking point and i hope you're i hope you're right that that's not according to the congressional budget office and what they said if you make over a million dollars you're going to get a nine thousand dollars tax cut the last year but the first year two thousand and
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nineteen you'll get a sixty thousand dollar tax increase and if you make below sixty thousand below between fifty and seventy five thousand you get eight hundred dollars tax cut the first year and then the last year you actually pay one hundred thirty eight dollars so i just i mean we'll see i guess the the reasoning here is that you know if businesses do better they will pass it on there is some evidence that folks will be you know hiring more people and i guess we'll just will this bank on on that help out on some of the other things you're in texas there or how about the wall what do we give them a grade on the wall that was going to be built. the wall is not built but i can't wait for it to texas has suffered many many years where the illegal activity coming across the border especially some of our and neighboring towns and cities and counties there on the border so i'm hopeful that that was actually going to happen come january nineteenth when we pass
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a spending bill that there will be allocated dollars to build in taxes exist they're excited about in my district here in district on twenty six we are huge advocates of bill in the wall how we're going to pay for this thing i mean you know and i understand me look he's got a republican congress. i'm not sure why it hadn't been passed so far other than it's not that popular among all republicans many republicans particular in the south but how we're going to pay for this i mean the entire time i was in government republicans have really been out there talking about the deficit and here with the tax bill we've got a one point five trillion dollars hole in the in the deficit and then with the the wall another one hundred billion dollars i guess is what some people are saying is sort of cost how we can actually pay for this thing. i think a lot of the cost savings actually a bailout when we actually see a reduction in what illegal immigrations actually cost in this country so when you look at the cost first is what we're going to be able to say once we actually can secure our borders i think that's where you'll see most of your savings i don't
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like to say private enterprise involved and securing our border hopefully that will be an option that's put on the table where private enterprise and actually bit and actually work toward securing our borders let me ask you to disco another minute or so here because birkenstock but how about infrastructure i was in texas not too long ago and boy you need you need infrastructure improvement there just like the rest of the country it's one of the things that i also thought when candidate trump talked about it that we really needed to do it so far we've only seen six pages of talking points on it is it important in texas and do you think we're going to get that done this year. i absolutely think it will get done and it is definitely important not only to texas but many states and we had a lot of damage here in the hurricanes earlier in the year and lot of those cities are still recovering from those devastating storms and the flooding but we're also an emerging status far as new business is moving here to texas so that infrastructure is going to be critical when it comes to be able to expand in being
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able to absorb the increased traffic the increased need for homes and the increase a need for our bridges entertainment our water systems you know absolutely i hope we get it done let me just ask you before we go we've got to get about got about sixty seconds what good is there anything out there that the president could have done better with as far as you're concerned anything that many mistakes or missteps he made. i mean there's always mistakes you can always go back and look at things you wish you had done better but i think he's done a very very good job considering while he was up against and and actually having to deal with the resistance and persistence and congress not being able to move bills along fast enough but i think he's learned some of those lessons on how to negotiate obviously is probably the master of negotiation but they were going to see a lot of great wonderful things happen in two thousand and eighteen and i'm looking forward to seeing what happens in early january when the house and the senate come back together i know there is a meeting this weekend at camp david.


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