in the u.k. is actually negative if you were to use the actual calculation of real numbers you mean you know we can't use those because it would upset. thesis going forward right so the market valuation is not based on anything tangible it's based purely on money printing algorithmic trading and momentum chasing and you have like you had three famous highs from a manager here in the u.k. recently thrown the towel and said these markets are completely worthless in terms of having anything of substantial value that you can put a number on just momentum chasing so tapering. tapering when they talk about taper isn't just like like a dramatist would foreshadow something happening in act three of a play or a drama but it has no bearing on any underlying economic reality as we know it before the world became infected with quantitative easing disease and other what i'm saying is is that just posturing this idea of tapering because if that's all it law then a ponzi scheme you wrote plan a ponzi you can't

in the u.k. it's actually negative if you were to use the actual calculation the real numbers you mean you know we can't use those because it would upset. thesis going forward right so the market valuation is not based on anything tangible it's based purely on money printing algorithmic trading and momentum chasing and yeah like you hendry a famous high strung manager here in the u.k. recently thrown the towel and said these markets are completely worthless in terms of having anything of substantial value that you can put a number on it's just momentum chasing so tapering. tapering when they talk about taper isn't just like like a dramatist would foreshadow something happening in act three of a play or a drama but it has no bearing on any underlying economic reality as we know it before the world became infected with quantitative easing disease and other what i'm saying is isn't it just posturing this idea of tapering because if that's a little bit law then apologies game you wrote plan a ponzi y

in the u.k. is actually negative if you were to use the actual calculation the real numbers you mean you know we can't use those because it would upset. thesis going forward right so the market valuation is not based on anything tangible it's based purely on money printing algorithmic trading and momentum chasing and yeah like you mentioned a famous high strung manager here in the u.k. recently thrown the towel and said these markets are completely worthless in terms of having anything of substantial value that you can put a number on it's just momentum chasing so tapering. tapering when they talk about taper isn't just like like a dramatist would foreshadow something happening in act three of a play or a drama but it has no bearing on any underlying economic reality as we know it before the world became infected with quantitative easing disease and other what i'm saying is is that just posturing this idea of tapering because if that's all it law then apologies game you wrote plan a ponzi you can

in the u.k. is actually negative if you were to use the actual calculation the real numbers you mean you know what we can't use those because it would upset. thesis going forward right so the market valuation is not based on anything tangible it's based purely on money printing algorithmic trading and momentum chasing and yeah like you hendry a famous high strung manager here in the u.k. recently thrown the towel and said these markets are completely worthless in terms of having anything of substantial value that you can put a number on it just momentum chasing so tapering. tapering when they talk about taper isn't just like like a dramatist would foreshadow something happening in act three of a play or a drama but it has no bearing on any underlying economic reality as we know it before the world became infected with quantitative easing disease and other what i'm saying is is not just posturing this idea of tapering because if that's a little bit log on apologies game you wrote plan a ponzi you

in the u.k. it's actually negative if you were to use the actual calculation of real numbers you mean that you know we can't use those because it would upset. thesis going forward right so the market valuation is not based on anything tangible it's based purely on money printing algorithmic trading and momentum chasing and yeah like you hendry a famous high strung manager here in the u.k. recently thrown the towel and said these markets are completely worthless in terms of having anything of substantial value that you can put a number on it's just momentum chasing so tapering. tapering when they talk about taper isn't just like like a dramatist would foreshadow something happening in act three of a play or a drama but it has no bearing on any underlying economic reality as we know it before the world became infected with quantitative easing disease and other what i'm saying is is that just posturing this idea of tapering because if that's a little bit law then apologies game plan a ponzi you can'

cameron bragged that the u.k. infrastructure is worth investing in not just by the government meanwhile back in the u.k. space frightening close talking continues police told members of the public to ignore people just as clowns if they meet them in the street alas despite the public warning the media insisted on reporting on george osborne's autumn statement oh and. max george osborne perhaps the most terrifying clown of all actually take a look at this image here this is a clown spotted in norfolk i'm not sure if it was george osborne but he looks quite similar with his autumn statement no one thing that was reporting on the state of the u.k. economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement is now at two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers' overall pay has not fallen insists george osborne george osborne is to claim that

cameron bragged that the u.k. infrastructure is worth investing in not just by the government meanwhile back in the u.k. space frightening close talking continues police told members of the public so nor people just as clowns if they meet them in the street alas despite the public warning the media insisted on reporting on george osborne's autumn statement oh oh stacey. max george osborne perhaps the most terrifying clown of all actually take a look at this image here this is a clown spotted in norfolk i'm not sure if it was george osborne but he looks quite similar with his autumn statement no one thing that was reporting on the state of the u.k. economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement is now at two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers' overall pay has not fallen insists george osborne george osborne is to claim t

the u.k. prime minister is on a challenge fences in china leading britain's largest ever business delegation to the country david cameron has been a lot of praise on beijing recently talking about how important economic ties with china are and how they provide a real opportunity for london britons looking for ways to bolster business links and pushing for a free trade deal between the country and the z but brussels has been irritated by the idea fuelling debate around the u.k.'s membership of the block of fire that cameron's already promised a referendum in twenty eight seventeen let's now talk more on this with former member of the european parliament a glimmer of forward mr glen ford thank you very much for joining us here on r.c. so why is the u.k. founded in the. why is the u.k. suddenly so willing to trade more with china. time is clearly a very big and important power and the increasingly important if you want to any country in the world wants to see china as an opportunity in terms of d

cameron bragged that the u.k. infrastructure is worth investing in not just by the government meanwhile back in the u.k. space frightening close talking continues police told members of the public to ignore people just as clowns if they meet them in the street alas despite the public warning the media insisted on reporting on george osborne's autumn statement oh oh stacey. max george osborne perhaps the most terrifying clown of all actually want to take a look at this image here this is a clown spotted in norfolk i'm not sure if it was george osborne but he looks quite similar with his autumn statement no one thing that was reporting on the state of the u.k. economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement it's now a two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers overall pay has not fallen insists george osborne george osborne is

cameron bragged that the u.k. infrastructure is worth investing in not just by the government meanwhile back in the u.k. space frightening close talking continues police told members of the public to ignore people dressed as clowns if they meet them in the street alas despite the public warning the media insisted on reporting on george osborne's autumn statement oh oh stacey. max george osborne perhaps the most terrifying clown of all actually want to take a look at this image here this is a clown spotted in norfolk i'm not sure if it was george osborne but he looks quite similar with his autumn statement no one thing that was reporting on the state of the u.k. economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement it's now at two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers' overall pay has not fallen insists george osborne george osbor

hold ridiculous that we bonds outside the u.k. to hedge our u.k. liabilities. this will enable us to you -- invest in the u.k.. a very sensible solution by the treasury and the regulators to allow that to happen. how much we will invest, the is 25 million. he could do more if economic growth is better. >> have you committed more? >> the rest will come if the economy develops quicker. as we see infrastructure, we growth, higher real wage growth. i think we are committed to 25 billion. we will see how we go. >> and the project you would like to invest in our? old range of projects. our programs and housing lester was pathetic. we would like to make a much bigger contribution in the housing area. we would like to invest in energy, transport. we would like to invest in education in the u.k.. we would like to invest in health. we have projects in all of those areas that are ongoing at the moment. i am hoping even in the next few we will make one or two announcements indicating the scale of the opportunities that we have here in the u.k.. >> nigel, thank you so much

virtually printed money so in some ways you know i'm really glad that the u.k. growth outlooks looking up i'm delighted of course that unemployment isn't nearly as bad as the recessions of the early eighty's and early ninety's that i grew up with but you've got to worry about the sustainability of this recovery now given that we are floating in the u.k. on a wife of prince of money what how would our kilts market look if we weren't doing q.e. if we hadn't done. q.e. to the extent that we are and what happens max you know personal investment just peaked in this country it's now at a record high a lot of the sexual consumption is coming out of distance saving and also extra credit to clean they're up to christmas what happens when interest rates start crawling up wood from their current historic lows and this isn't about the bank of england moving too early in the end if the market wants to impose higher interest rates the market will impose higher interest rates there's nothing that any central bank can do about that whether it's good ice hockey looks like a rock

in the u.k. is actually negative if you were to use the actual calculation of real numbers you mean real not you know we can't use those because it would upset were john's board's thesis going forward right so the market valuation is not based on anything tangible it's based purely on money printing algorithmic trading and momentum chasing and you have like you had three famous highs from a manager here in the u.k. recently thrown the towel and said these markets are completely worthless in terms of having anything of substantial value that you can put a number on it's just momentum chasing so tapering. tapering when they talk about taper isn't just like like a dramatist would foreshadow something happening in act three of a play or a drama but it has no bearing on any underlying economic reality as we know it before the world became infected with quantitative easing disease and other what i'm saying is isn't it just posturing this idea of tapering because if that's a little bit luck on a ponzi s

we wait for the u.k. numbers. house prices are hitting a record in the u.k. mark carney saying, let's not be premature. taking you across ahead of those u.k. numbers, dollar-sterling. a little bit of a dip in the value as we wait for the u.k. numbers to come through. u.s. equity futures at the moment indicating a little bit higher. no real data on the slate. fed speakers yesterday, more or less saying it is time to taper. the market more shake that off. s&p futures flat. >> thank you. up next, dining disruptor heston blumenthal offended the eating experience with dishes like snail porridge and bacon ice cream. >> and it is today's pulse number. the price of the christmas menu at his restaurant, the fat duck. surcharge not included. we will see you in a moment. ♪ >> welcome back to "the pulse." we're live from european headquarters here in london. i am francine lacqua. and -- >> and i am guy johnson. the data is not having an impact although the pound is pretty much unchanged. the u.k. economy is doing a little bit better. anwe have been bringing you intervi

central banks day, ecb and boe. >> we have got the u.k. at noon london time and then draghi at :45 frankfurt time. what more can draghi do? what will they give for inflation and economic growth forecasts? since they cut rates in a surprise decision last month, weakening news out of italy and france. how many bullets does mario draghi have left before he goes to unconventional, unorthodox means. doesn't mean quantitative easing for the european union? do not expect that in the statement, but maybe down the line. sidell those on the other of the brandenburg gate let him do that? thank you very much. pulse,"is if our "the "surveillance" is up next, live from new york. >> more coverage of the autumn statement, coming up. ♪ >> this is "bloomberg surveillance." is 950 pages, the vocal role -- volker rule. will forever change banking. warm bodies actually signing up on healthcare.gov. i am guessing the u.s. state attorney general will not take uber is more disruptive. i'm tom keene live from world headquarters in new york. it is thursday, decem

virtually printed money so in some ways you know i'm really glad that the u.k. growth outlooks looking up i'm delighted of course that unemployment isn't nearly as bad as the recessions of the early eighty's and early ninety's that i grew up with but you've got to worry about the sustainability of this recovery now given that we are floating in the u.k. on a wife of prince of money what how would our kilts market look if we weren't doing q.e. if we hadn't done. q.e. to the extent that we are and what happens max you know personal investment just peaked in this country it's now at a record high a lot of this extra consumption is coming out of distance saving and also extra credit to clean or up to christmas what happens when interest rates start crawling up wood from their current historic lows and this isn't about the bank of england moving too early in the end if the market wants to impose higher interest rates the market will impose higher interest rates there's nothing that any central bank can do about that whether it's good ice hockey looks like a rock star

u.k. if you like to get in touch please tweet us a kaiser report saying. they look like bounty islands where the locals can enjoy the sun and the ocean. was buried here years ago. means these people are suffering the consequences. how much more poison on the ground. behind this there is what we call the bank on which there is a deposit of plutonium left by security test which caused this. despite previous cleaning efforts there remains a deposit of a little less than two kilos of plutonium stuck in the rock the coral reef is about ten metres down. a never ending legacy. cut. to. the face. of pleasure to have you with us here today. torch is on its epic journey to such a. one hundred twenty three days. through some nine hundred thompson cities of russia. relayed by fourteen thousand people or sixty five thousand kilometers. in a record setting trip. to. see others face. a limpet torch relay. on r t r c dot com. the secret laboratory was able to build. fortunately doesn't sound anything mission to teach music creation why you should care about human to. this

virtually printed money so in some ways you know i'm really glad that the u.k. growth outlooks looking up i'm delighted of course the unemployment isn't nearly as bad as the recessions of the early eighty's and early ninety's that i grew up with but you've got to worry about the sustainability of this recovery now given that we are floating in the u.k. on a wife of prince of money what how would our kilts market look if we weren't doing q.e. if we hadn't done. q.e. to the extent that we are and what happens max you know personal investment just peaked in this country it's now at a record high a lot of this extra consumption is coming out of distance saving and also extra credit to clean they're up to christmas what happens when interest rates start crawling up wood from the current historic low and this isn't about the bank of england moving too early in the end if the market wants to impose higher interest rates the market will impose higher interest rates there's nothing that any central bank can do about that whether it's good ice hockey looks like a rock sta

while david cameron visits beijing tweets in mandarin him from closer trade links between the u.k. and china many of the british chinese working in these shops and restaurants say that the immigration crackdown in chinatown is making them feel very welcome. guilty as charged with russia's bolshoi spend the next six years behind bars. a brutal acid attack on the company's director. react to situations i have read the reports for. the pollution and no i will leave that to the state department to comment on your letter to. secure a car is on the job you know. what you think you know direct question be prepared for a change when you. get ready for a. freedom of speech. and the freedom to. we speak your language. news programs and documentaries in spanish what matters to you breaking news a little turn it into angles kid stories. you hear. the spanish find out more visit. it's a small sweet talk from david cameron who's doing his best to lure a china into investing more into britain's economy the prime minister's resorting to political beijing at the head of the u.k.'s largest ever trad

closer trade links between the u.k. and china many of the british chinese. restaurants say that the immigration crackdown in chinatown is making them feel very welcome. still to come but first we bring you live pictures from kiev as files of protesters in the ukrainian capital of demanding the president despite the country's cabinet that's after a motion of no confidence was rejected by parliament in a far recession. in kiev for us. the system itself was a rather rowdy affair you know anything about the ukrainian rada or the parliament it's been known to come to blows by during a particularly heated discussions this time around you can say that the session has started off for the skirmish right away when the main speaker and the prime minister us are asked to come to the stage well he has had hard quite a hard time trying to speak over the noise that the parliamentary is were making although he did try to appeal to people's logic you once those who would cite you could locate the cabinet ministers are absolutely reckless irresponsible people the ministry of

economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight.

in the u.k. the ads so the guardian newspaper is due to appear before the house of commons of a publishing edward snowden's revelations on global surveillance the country's security services claim public access to the documents has a road of national security but investigative journalist tony gosling told us is this secret service agency itself that should be facing a growing. what they're doing is they're informing the public criminal activity by our own intelligence services g c h q particularly because other newspapers and people have been doing it over the last few years this is absolute rubbish i'm afraid when in front of the intelligence and security committee the bosses of m i five m i six q were giving their evidence we heard we were asking them for evidence that there's been any kind of threat to national security and you know what they said oh we could tell you in secret this is no real evidence they don't have any evidence they've been caught out acting criminally and we've got no prop

international for your to the u.k. we go with the editor of the guardian newspaper is due to appear before the house of commons over publishing edward snowden's revelations on global surveillance of the country's security services claimed public access to the documents has eroded national security but investigative journalist tony gosling he told us it's the secret services itself there should be facing a growing what they're doing is they're informing the public on criminal activity by our own intelligence services g c h q particularly because other newspapers and people have been doing it over the last few years this is absolute rubbish i'm afraid when in front of the intelligence and security committee the bosses of m i five m i six and q were giving their evidence we hard we were asking them for evidence that there's been any kind of threat to national security and you know what they said oh we could tell you in secret this is no real evidence they don't have any evidence they've been caught out acting criminally a

virtually printed money so in some ways you know i'm really glad that the u.k. growth outlooks looking up i'm delighted of course the unemployment isn't nearly as bad as the recessions of the early eighty's and early ninety's that i grew up with but you've got to worry about the sustainability of this recovery now given that we are floating in the u.k. on a wife of prince of money what how would our kilts market look if we weren't doing q.e. if we hadn't done. q.e. to the extent that we are and what happens max you know personal investment just peaked in this country it's now at a record high a lot of this extra consumption is coming out of distance saving and also extra credit to clean they're up to christmas what happens when interest rates start crawling up wood from their current historic lows and this isn't about the bank of england moving too early in the end if the market wants to impose higher interest rates the market will impose higher interest rates there's nothing that any central bank can do about that whether it's good ice hockey looks like a rock

staying on the u.k. and this debt and passing it on to children your own children now children are pestering their parents for a payday loan fears that payday lenders are grooming tilde or an accelerated yesterday after new figures revealed that the number of loan advertisements seen by britain's children has soared by almost twenty thousand percent in just four years so in two thousand and eight there were three million payday loan ads seen by children between the ages of four and fifteen by two thousand and twelve that number had ballooned to five hundred ninety six million more children a market to get into the debt slavery business getting kids ten eleven twelve year old kids who've done debt using cartoons and other means that work. the cigarette industry when i get them hooked on debt i think the umbilical cord is a good entry point for these payday lenders to get foetuses loaded up on debt and then of course you'll have a situation where a fetus encumbered will debt with debt will abort themselves

home in the u.k. chinese residents say they don't feel as welcome london's chinatown a sparkling clean raided by the u.k. border agency point of business in the district. according to the local association here in london's chinatown immigration officials would visit the eateries here once or twice a week but it wasn't for the food or even that is just one of the restaurants raided by the u.k. border agency if you imagine where you are in a restaurant enjoying you know your meal with your friends your family some uniformed people. we don't know so we know what's going on and on the one hand the staff will have to deal with a customer and they don't know what's happening in or near that they're being questioned by these guys who may not have a tent for them so the u.k. border agency insists that any immigration checks that carries out looking for illegal workers are always intelligence led but businesses up and down the street say that legal procedures weren't followed jury in the raids in fact some of

if you look at the u.k. situation, what we don't have -- we haven't had that productivity growth that you need to get real wages growing. so we've had a pretty sharp pickup in the last several months but it's because households have moved away from having extreme levels of precautionary savings and moved down to normal levels and as a consequence they've been consuming and things have been moving. but that only precedes if incomes start to grow in subsequent years. so you have that aspect in the advanced economies. as you're well aware, i know, in a series of emerging markets you have some years of adjustment, one or two more years of adjustment. whether it's india, indonesia, things like that. so that's continuing to temper export demand for the u.s., for the u.k. and the european situation is vastly improved in terms of the risk. but the dynamism is not yet there. and the die phamism won't be there, won't even begin to appear until the work the e.c.b. is doing on fixing the banking system over the course o

staying on the u.k. and this debt and passing it on to children your own children now children are pestering their parents for a payday loan fears that payday lenders are grooming tilde or an accelerated yesterday after new figures revealed that the number of loan advertisements seen by britain's children has soared by almost twenty thousand percent in just for you. years so in two thousand and eight there were three million payday loan ads seen by children between the ages of four and fifteen by two thousand and twelve that number had ballooned to five hundred and ninety six million more children a market to get into the debt slavery business getting kids ten eleven twelve year old kids who've done debt using cartoons and other means that work for the cigarette industry when i get them hooked on debt i think the umbilical cord is a good entry point for these payday lenders to get foetuses loaded up on debt and then of course you'll have a situation where a fetus uncomfortable debt with debt will abort t

cameron bragged that the u.k. infrastructure is worth investing in not just by the government meanwhile back in the u.k. space frightening close talking continues police told members of the public so nor people just as clowns if they meet them in the street alas despite the public warning the media insisted on reporting on george osborne's autumn statement oh oh stacey. max george osborne perhaps the most terrifying clown of all actually want to take a look at this image here this is a clown spotted in norfolk i'm not sure if it was george osborne but he looks quite similar with his autumn statement no one thing that was reporting on the state of the u.k. economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement it's now at two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers' overall pay has not fallen insists george osborne george osborne is

caroline hyde has more on the u.k. airport expansion program. >> ukraine president is heading to russia for a bailout. an unlikely combination. by oneark chain backed of china's richest man. ipo. manus cranny is looking at the u.k. biggest consumer electronics retailer. >> the big interviews coming up. all a bloomberg television this morning. a new development in the debate over extending airport capacity and the u.k. list ofout his short options for expansion. we will be speaking with him on "the pulse." his reaction. both of those interviews on bloomberg. >> european finance ministers are meeting and brussels to try and agree on a bank resolution mechanism to deal with future crises. david tweed is an berlin. it used to be mario draghi concern it would be complicated. >> is my job to explain simply what the plan is. there are two aspects. one is a banking resolution mechanism. the problem is according to dragic it would be administered by a board made of representatives and created under existing european law. there

economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement it's now at two point nine two percent so let's look at some.

with the bc quite a lot coming from the u.k. -- we have quite a lot coming from the u.k. rbs could be looking in 2015 to sell shares. reviving. could besavings bank selling shares next year. really hsbc will be coming in a wave of initial shares in the next year. >> thank you. clamping down on tax evasion. toss banks are being asked voluntary have a disclosure program with the u.s. department of justice. manus cranny is here. will be the end of swiss banks? >> we have a turning point. from told thousand seven, the u.s. -- from 2007, the u.s. has pursued tax evaders by whistleblowers. we are entering a new spectrum with the u.s. justice department going after them. protecting you are and who you are trying to protect from taxing. with tax a little bit more leniently with you. you have anonymity. the germans are saying, no. the u.s. is going after identity, identity. that is the critical part for the u.s. authorities. invadedlion was being off taxation by u.s. citizens. this is the point. since the whistleblowers' admissions started, citizens are in swiss.have money they de

. >> the u.k. has gened a complete inability to make decisions about capacity as special and the south east of england. they are addressing this. the commission which was a led was a deferred decision. read between the lines and it is clear. what he is suggesting is that heathrow is expanded and further expansion of gattick. to getalk to later exactly what he thinks. and this is an interim report. he is focused on to airports. gattick and heathrow. we are going to be talking to the ceo of gattick. at 930 a.m.ening time slot. looking forward to the conversation. selfie.old it is in the dictionary. it is not a picture, capturing a moment. you are plenty of moments of "the pulse," in 12 minutes. companies on the move. twitter, some analysts downgraded. they said the company new advertising products may not warrant the climb since the ipo. they fell more than four percent. a u.s. the judge ruled claims over the handling of face the ipo. suffered $520 in damages from the botched offering. nasdaq faces n

you compare it to what took place at the beginning of last month and there we saw the heads of the u.k. intelligence agencies and my five m i six g c h q and they'd come before another parliamentary committee and they're questioning much calmer much more coordinated and so i think this is something that the editor of the guardian also made note of in his questioning today the catastrophic leak that did them was due with by the i.o.c. with the following. can we assume you're having discussions with your colleagues the hundreds of them. all three of us revealed in those discussions jim drew thank you very much was coming towards the end of that session we heard alan rusbridger asked if the guardian would continue to publish revelations and he said that they wouldn't be intimidated but they wouldn't behave recklessly and that was quite important i think in today's session he really made note of the level of scrutiny that the journalists involved in publishing these stories undertook and saying that they have behaved responsibly and has sparked this debate now about the scope of the survei

as you point out it's an example of what boris johnson spoke about the reason the poor people in the u.k. are poor because they're stupid that is an example of eugenics so here you've got the pig eugenics in a pig same in mixed with boris johnson the pig who sits behind me and going and looking building who's talking about eugenics in the country and saying look we need to implement eugenics to weed out the stupid people that's what boris johnson signal to weed out the stupid people well it comes around during times of great depression where the great depression back then they were in a great depression and the people who caused the great depression tend to be the fraudsters the banks toure's and they tend to be hoarding the wealth at the top and they don't like to look at themselves so they try to think of some other reason well those people are stupid because we've deprived them of food while they were growing and nutrients while they are growing and we deprive them of savings and now we're going to retire at seventy years old so you know those people are stupid for even listening to u

staying on the u.k. and this debt and passing it on to children your own children now children are pestering their parents for a payday loan fears that payday lenders are grooming tilde or an accelerated yesterday after new figures revealed that the number of loan advertisements seen by britain's children has soared by almost twenty thousand percent in just four years so in two thousand and eight there were three million payday loan ads seen by children between the ages of four and fifteen by two thousand and twelve that number had ballooned to five hundred ninety six million. children a little untapped market to get into the debt slavery business yeah getting kids ten eleven twelve year old kids who've done debt using cartoons and other means that work for the cigarette industry when i get them hooked on debt i think the umbilical cord is a good entry point for these payday lenders to get fetuses loaded up on debt and then of course you'll have a situation where a fetus uncomfortable debt with debt will

as you point out it's an example of what boris johnson spoke about the reason the poor people in the u.k. are poor because they're stupid that is an example of jennings so here you've got the pig eugenics in a pig same in mixed with boris johnson the pig who sits behind me in the going and looking building who's talking about eugenics in the country and saying look we need to implement eugenics to weed out the stupid people that's what boris johnson saying well to weed out the stupid people well it comes around during times of great depression where the great depression back then they were in a great depression and the people who caused the great depression tend to be the fraudsters the banks toure's and they tend to be hoarding the wealth at the top and they don't like to look at themselves so they try to think of some other reason well those people are stupid because we've deprived them of food while they were growing and nutrients while they are growing and we deprive them of savings and now we're going to retire at seventy years old so you know those people are stupid for even listen

u.k.'s energy minister has held this report as the next step in unlocking britain's fracking potential but let's get a different perspective on this from london campaign officer for the young greens but now they have and joins us now this report has a lot to gain this report claims i should say that britain has a lot to cook to gain from a fracking why are you so set against it. fracking to very little to bring down prices that will do very little to resolve the chronic crisis that we face generates a false hope for the issues that we we're looking to resolve it won't be done in a few prices the government has admitted this and it's simply entrenches our dependence on fossil fuels for the long term. the government insists that tough regulations will be enforced to ensure that fracking is safe are they being honest here what's your argument. well much of the research that's come out of where fracking is actually happiness is highlighted serious concerns about the practice of fracking and we'

the debate you've got a for publication and the potential implications for national security in the u.k. you've also got a big question right now over the freedom of the press in the united kingdom and as alan rusbridger was saying he thought what the guardian had done was certainly in the public interest. from our london studio thanks very much indeed for that while the right to journalism blogger glyn moody says that he believes this hearing is all show. it's theater because it's actually for internal consumption it's really for the united kingdom and david cameron is trying to demonstrate that he's the strong man that he's tough one terrorism that he's not going to let journalists you know tell him what to do and therefore he's coming out with these statements which for the rest of the world thinks pretty crazy because everyone is saying from president obama downwards that we should have this debate about what are the limits of surveillance and what kind of oversight should we have and it's really only david cameron and the u.k. government that's saying we shouldn't do that let's loo

the u.k. is energy minister has held this report is the next step in unlocking britain's fracking potential but london campaign officer for the young greens ben ali says us tells us rather this is the wrong solution. fracking is an expensive way of not solving the crises that we face from a very little to bring down prices will do very little to solve the climate crisis that we face generates a false hope for the issues that we were looking to resolve it won't be done in two prices the government has admitted this is simply offers the opportunity to hoover up wealth from government subsidies and commodity sells up to holders and companies and it's not about people's wealth well being so what's down the road for britain if fracking revolution takes hold well look no further than texas the shale gas drilling capital of the world their property prices are tanking near wells rank smells stretch for miles and even earthquakes have been linked to fracking that's not all as you can explain. the local

well u.k. energy ministers hailed this report as the next step in unlocking britain's fracking potential but london campaign office of all the young greens dutch it tells us this is the wrong solution fracking is an expensive way of not solving the crises that we face fracking to very little to bring down prices will do very little to resolve the crime a crisis that we face generates a false hope for the issues that we were looking to resolve it won't be done in two prices the government has admitted this is simply offers the opportunity to hoover up wealth from government subsidies and commodity sells up to holders and companies and it's not about people's wealth while being so the question is what's down the road than for britain if a fracking revolution takes hold you need to look no further than texas may be the shale gas drilling capital of the world as it is their property prices are tanking their wells rank smell stretch for miles and even earthquakes have been linked to fracking and tha

now the u.k. has managed to squeeze out a little more growth than expected it's increasing their foreign aid budget the treasury chief is about to approve a one billion pound increase what was most people yet to feel the benefits of economic recovery menacing the aid is going the wrong way laura smith reports. britain's economy is growing better than expected so more money in our pockets to relieve some of the misery of people out of poverty help them pay their heating bills but controversially and despite cops and hardship home the more positive figures will also mean increasing the amount the u.k. sends abroad in foreign aid not because there's more suffering in the world but to meet an arbitrary target not point seven percent of national income the british government seems set on increasing amount of money it's sending overseas for the sake of meeting a particular target not. target driven policy which is the worst kind of way to set policy but we think it's irresponsible of the british governm

the u.k. and china many of the richest chinese. restaurants say that the immigration. chinatown is making them feel. president accuses nato of applying pressure to allow international forces to. react to situation i have read the reports for. the new i will leave the state to comment on your. security because i'm going to talk you know. when you question the proof for. freedom of speech. the freedom to. if you are just joining us welcome to the program here on our international. human rights in tibet and tweeting in mandarin just some of david cameron's latest moves to win the good graces of the chinese now the british prime minister has been stressing at every turn that china is important and that its rise. not a threat but he's currently in beijing on the largest of a trade mission to the country to try and bolster a business back home in the u.k. chinese residents say they don't feel quite as welcome london's chinatown is frequently raided by the u.k. border agency. went to visit the district. according to the local association here in london's chinatown immigration

so all those growth is happening in the u.k. is because of all the increase in debt as long as interest and keep low which is great to keep the debt mounting in this huge ponzi scheme however does give rise to incest you know was kleptocratic cancer ridden financial terrorist like jamie diamond and the folks you see here in the u.k. well this article points out that for example assets like network rail and taxpayer owned banks should be included in the accounts where they are currently excluded quote in defiance of normal accounting rules so the normal accounting rules but we have an incestuous deformed accounting rules that just decide to say that we could just keep on repackaging the same debt and this call it something else now it's an asset it's not a liability that was on the other side of the accounting ledger even though it's it's the same product at the same father of or mother or uncle or aunt yes not putting things on the balance sheet is called the enron a pro. to accounting it's all such time as you can't hide the in

economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement it's now at two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers' overall pay has not fallen insists george osborne george osborne is to claim that workers' overall pay has not fallen despite official figures showing that the wages of middle income families have dropped by five thousand pounds over the past five years so that's a drop of six point four percent according to the office of national statistics george osborne is saying those are a lie he's going to come out with his own report to show that in fact those numbers are deceptive yeah so much a clown as he is one of these french mine and but he speaks which is kind of interesting for a mind he's more of a friend of mine it's a part of my show and he believes that these numbers do not tell the truth these are all real aggrieved th

staying on the u.k. and this debt and passing it on to children your own children now children are pestering their parents for a payday loan fears that payday lenders are grooming tilde or an accelerated yesterday after new figures revealed that the new. number of loan advertisements seen by britain's children has soared by almost twenty thousand percent in just four years so in two thousand and eight there were three million payday loan ads seen by children between the ages of four and fifteen by two thousand and twelve that number had ballooned to five hundred and ninety six million more children a market to get into the debt slavery business getting kids ten eleven twelve year old kids who've done debt using cartoons and other means that work for the cigarette industry why not get them hooked on debt i think the umbilical cord is a good entry point for these payday lenders to get fetuses loaded up on debt and then of course you'll have a situation where a fetus uncomfortable debt with debt will abort

now as the u.k. edges closer to a possible referendum on the future of its membership prime minister david cameron is making plans for the renegotiation of britain's ties with brussels and he wants to use the notoriously pro european a foreign office to lead the talks so at the risk of infuriating the euro skeptic m.p.'s of his own party however as aussies tester australia reports the renegotiations alone could be enough to open up pandora's box. where does the u.k. stand or want to step in the e.u. well there are two possible scenarios one it stays in the union with a really good position that everybody is happy with or to an outright exit the european union is standing like. fortunately we can. simulate a debate or war games organized by the europe is but it taste of how difficult and painful any process could be now while the difference is a bow and everybody was in agreement. this is across the continent. more of a euro phobia that we realized in britain the wheels have been churning one of the m

at the moment and in romania as in the u.k. there's very little prospect that the local communities that are suffering this this immense risk to the local environment will get any any reward for that at least in america the local people who are having wells drilled on my land do get paid for it that the people in neighboring plots of land the ones that have to suffer the consequences the huge increase rates of those kinds of sorcery spiritual problems thousands of families are being forced to move out of the areas and one of the reasons that we're not hearing more about the specific stories of illness is that in order to get any kind of compensation from these fucking companies they have to settle out of court because they can't begin to fight the legal battles that chevron kind of pulled george we got to leave it signed gag order this children got to use it as well as signing the guy go to you know we could feel like you're going to throw your kids defense to give you should be just come into the studio to not judge part of th

the u.k. and china many of the british chinese working in these shops and restaurants say that the immigration from down in london is chinatown isn't making them feel very welcome. and afghanistan's president accuses nato of applying pressure to allow international forces to stay on its soil to pull out. the rest of the world's top headlines for this hour after the break. speak your language. programs and documentaries in arabic it's all here on. the team from the world talks about six of the ip interviews intriguing story for you. to find out more visit our big. international thanks for joining us going soft on human rights in tibet and tweeting in mandarin just some of david cameron's latest moves to win the good graces of the chinese and the british prime minister is in beijing on the largest ever trade mission to the country and whispering sweet words into the is of officials there. some in europe and elsewhere see the world changing and want to shut china off behind the bamboo of trade ba