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tv   Boom Bust  RT  October 26, 2018 12:30pm-1:00pm EDT

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reline a flag carrier of hong kong cathay pacific airways ltd has disclosed hackers have breached the accounts of up to nine point four million cathay customers information at risk reportedly includes e-mail addresses and passport numbers my guys passport numbers company officials also reportedly admitted some customer credit card information was stolen albeit without those three digit security codes airline management says that hackers did not obtain any passwords the incident of the sequel to that hack we told you about before with british airways which they disclosed last month airlines are a prime target precisely because they handle it whole so much critical consumer information cathay says they flagged suspicious network traffic in march of this year and confirmed the hacking in may cathay did not and through a media question of why they waited so long to disclose the breach cathay stock fell at the hang seng in hong kong of course on the news. the italian competition authority has fined tech giants apple and samsung five million euro's and five
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point six million dollars that's five point six billion dollars and five billion euros over disclosures that software updates to their phone slowdown or disable the devices especially expectedly coercing consumers to buy new phones the authority known by the italian acronym a g c m hit apple with a six point five point six million dollars sanction for failing to let consumers know how to manage their phones batteries boom busters may recall that when the slowdown effect of i phone updates was first reported late twenty seventeen the company claimed the slowdowns were an unintended side effect of optimizing battery life regulators say samsung also failed to warn their customers that installing an update for their note seven device on the note for model could cause the device to crash. the white house is still taking a hard line on even beginning trade talks with china. at the g.
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twenty summit in buenos aires next month treasury dept deputy secretary under its deputy treasury secretary david malpass has reportedly seconded the white house's message to the chinese counterparts that the u.s. will not begin to. ok we apologize for interrupting our boom bust because an update on the possible bomb a story in the us because in the last hour a suspect has been arrested and president trump is it just to back to speak now about the developments and let's listen it was the obvious as you know this is young black leadership but it's the summit and to have you here is truly my privilege and we're going to have a lot of fun we're going to talk we're going to meet by the way i think you are the one before i do. i'd like to begin you our leaders that's really
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toure's i'd like to begin today's remarks by providing an update on the packages and devices that have been mailed to high profile figures throughout our country and a media organization i am pleased to inform you that law enforcement has apprehended the suspect and taken him into custody are on the an incredible job by law and for us we've carried out a far reaching federal state and local investigation to find the person or persons responsible for these events. these terrorizing acts are despicable and have no place in our country. and i've instructed authorities to spare no resource or expense in finding those responsible and bringing them to swift and certain justice. and we will
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prosecute them him or her whoever it may be to the fullest extent of the law. and we must never allow political violence to take root in america cannot let it happen and i'm committed to doing everything in my power as president to stop it and to scotland. are on to it was i have just concluded a briefing with the department of justice following the apprehension of the suspect i want to applaud the f.b.i. secret service the department of justice the u.s. attorney's office for the southern district of new york the n.y.p.d. and all law enforcement throughout the entire country credible partners these people have worked so hard and to have done it so quickly it's looking like
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a you're looking it's a needle in a haystack how do you do this so quickly they've done an incredible incredible job and i want to congratulate the was and what a bottom line is that americans must unify and we must show the world that we are united together in peace and love and harmony as fellow american citizens there is no country like our country and every day we are showing the world just how truly great we are. so you are really very special people i wanted to say that before a little. talk and i appreciate the time you've given me and boy what a one day one of us going to be standing it could be three or four of you actually with the law was i have no doubt i have no doubt who who in this room who in this room wants to be president
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was so it's a to be sure screw. it's vicious group that's great anyway thank you all very much i really appreciate it for the media thank you very much i thought i'd do that and we feel very strongly again congratulations to all law enforcement we have the best in the world and that your showed it thank you very much was the was i. now to the subject at hand ok well that was the u.s. president donald trump speaking about the latest developments in the mail bombing case because within the last hour a suspect has been arrested during that speech he did praise to enforcement agencies for acting very swiftly and for doing an incredible job quote he also went on to say though that the bottom line is america must unify what we can get more
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reaction to this because i think you can go live now to new york to our correspondent there khaled maltin kalib i think you were listening to what was being said there by the u.s. president full of praise for own foresman and again the message that america must unify. absolutely now this comes in the aftermath of the apprehension of the suspect in this recent wave of postal bombs that were sent none of them detonated suspicious packages sent to top leaders of the democratic party all across the country the c.n.n. headquarters evacuated and such now trump was actually specifically praising how quickly the suspect was apprehended saying that law enforcement worked very very efficiently he talked about it being a needle in a haystack you know very difficult to find who had done this but apparently in the area that they suspected these packages were originating from in florida that's where they apprehended the individual we understand the individual who has been
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apprehended has a history of grand theft auto and a criminal background and other details are circuit service saying the individual is now in florida but originally from new jersey but we're hearing more information now at the same time this comes in the aftermath of how us media essentially tried to blame donald trump for the incident and that caused donald trump to then speak up and call for unity of the country this is what he said earlier. these times we have to unify we have to come together and send one very clear strong and mistaken bill message that acts were threats of political violence of any kind have no place in the united states of america now many people on social media and in the u.s. public i took the opportunity of the aftermath of these attempted postal bombings and suspicious packages to point out that there is a deep level of division in us society we had joe biden the former vice president
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of united states tweeting out this country has to come together this division this hatred this ugliness has to end and we've actually seen recent poll results that indicate how divided the united states is the associated press and the norc center for public affairs research recently conducted a poll and eight out of ten americans actually consider the country to be quote greatly divided and the poll goes on it says that thirty nine percent believe that this great divide will only get worse and if you look at it they're very divided on the issues for example eighty three percent of republicans approve of what donald trump has done in office whereas a very low number of democrats approve of what he has done ninety two percent of democrats say that trump did not do a very good job as not been doing a very good job with sixty one percent of independents there is other big gaps in public opinion when it comes to environmental issues when it comes to income inequality other issues as well americans seem to be quite divided in terms of
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partisan politics with some approving of trump with some strongly disapprove of having him some agreeing with trump on issues some strongly disagreeing with him so as you know we seem to have seen this this perpetrator of these packages apprehended this is the suspect details are emerging many people are looking at the context in which these postal bombings took place and that's the context of the united states full of americans who just don't see eye to eye on an. number of key vital issues. ok thank you and therefore reporting from new york. now another new save in japan china relations are at a historic turning point that's according to japan's prime minister speaking at a summit with his chinese counterpart it is the first visit to the country by japanese leader full bilateral talks in the least seven years in the current thought has followed a long period of territorial disputes. takes
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a look at what is behind the check. the japanese prime minister is in china and he's smiling. that was him with the chinese premier who was smiling too. so was of course these kind of guys put up a happy face for the cameras during the product call handshake well sometimes things between countries get so bad that even handshakes can save the day. but both leaders surely would have preferred not to stand there together like that just a few years ago the gloves were off between beijing and tokyo because of these tiny islands in the east china sea just to realize how much hate that land dispute generated have a look at this. it was the.
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it was the i really wouldn't want to be a japanese car owner in china back in the days the twenty twelve col flicked was spiralling out in all shapes and forms mr abi mr she didn't even talk on the phone up until may this year today though we're pretty much back to seeing the. and you on friendship with the chinese state run media telling us this kind of stuff so what happened what kind of magical friendship did this in the dragon get prescribed maybe it was the donald trump pill the world knew mr trump was on a mission to give beijing a real business beating the united states has just announced tariffs on another two hundred billion dollars in journeys made goods china's market distortions. and the way they deal cannot be tolerated but who knew the president will then take
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aim at his biggest asia ally japan and his economic bowling well last month the media got a trade war to pay off and anyway the steel in alameda tariffs had already kicked in you know how it works now america first. we understand that president trump wants to reduce the trade deficit but i think it's very important for president trump and his administration to find out the root cause of why there is a trade deficit in america i think there is a possibility that they do not yet understand why and so the world silver and bronze medalists and g.d.p. are shaking hands smiling and are possibly even ready to team up what will the golden boy have to say. asia pacific experts who told us that trump is only got himself to blame for china and japan getting closer together. us did not expect
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that that other countries would be able to set aside their differences and get to get to the table with each other as relatively easily as they have been able to do so but at the end of the day if it's the us which has to britain which has to carry the blame for this both the countries are frankly facing uni lateral and hostile trade enforcement action from the trumpet ministration china primarily but i would also suggest that part of the reason for the coming together is because both countries realize the important players. and that without speaking to each other the relationship their relationship with each other as well as the larger geo political environment in which they operate becomes a little more negative. now shoes whether flung at speakers or perhaps
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banged on podiums to make the occasional appearance in politics and after the year rejected italy's proposed new budget recently it was the turn of an italian m.e.p. to put his foot or rather should we say his shoe. well it is the first time the european commission has rejected any member states budget proposal the bloc gave rome three weeks to revise its spending plans at least on the quarter now breaks down the dispute it. brussels is sharpening its knife in preparation for a new battle with rome for the first time the e.u. has flat out rejected a member states budget demanding a resubmission to do for the first time as
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a commission is obliged to a. country that it was off budget. but we seen no alternative to it all and to do so it is really into the whole. the e.u. claims that italy's debt situation is out of control and that salvini is government needs to tighten its purse strings and fulfill its obligations the euro skeptics say it doesn't have anything to do with money since there are other states with bloated budgets that have never felt such a heavy hand from brussels this is the first time in budget the e.u. doesn't like no surprise this is the first italian budget written in rome not in brussels. the italian economy is healthy and this is an economic move that will give italy to stability it needs we won't change one comma in this document to. be you know to go through that that we are note. that. on.
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the future. it spain belgium portugal and slovenia have all been in violation of the e.u. agreements in the past and for years france has broken the three percent deficit threshold imposed on it by the e.u. as for debt it's been in the red since two thousand and two and only this year the second largest european economy received a carefully worded letter in response asking all very politely to reduce its debts . we thank you for sending we from twenty nine thousand draft budget that we received on october fifteenth we would like to ask you for more details the commission's preliminary assessment also indicates that the growth rate for france does not respect the reference rate of ditch reduction in twenty nineteen so italy refused to be taken to heel by this double standard.
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except the e.u. commissioner in charge of budgets didn't seem to find the stunt very funny even connecting the italian shushan and against to a potential quick path to fascism the episode of the made in italy shoe is grotesque at first you smile and we trivialize it because it's ridiculous but then we start getting used to this kind of muted symbolic violence and one day we wake up with fascism stay alert democracy is a fragile treasure or the draft budget would have seen over five hundred million dollars worth of cuts to defense spending while putting more money towards social welfare and tax cuts not exactly a sound way to revive fascism and certainly not a good way to be a shoo in with the e.u. donald quarter r.t. . meanwhile in germany angela merkel's hard fought grand coalition there could be facing another setback because polls are predicting
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a poor show in regional elections in the state of hesse on sunday among the main contenders are the green party allied with other left wing forces but the right wing alternative for germany party is also expected to strengthen its position as peter all of reports. the party known for its on the immigration stance is said to chalk up another milestone in german politics just over a year since they shocked the country by entering the bundestag for the first time polls predict that this sunday alternative for germany will enter the state parliament in hessen for the first time that will mean that they have representation in all sixteen german states as well as the national parliament head of the vote in her alternative for germany have been campaigning aggressively to do what you want this to mean and that moment momentous decreases. to thirty one people. in she. holds
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a special place for alternative for germany or the air it was at a meeting there back in february twenty fifth the party was formed setting themselves out from the get go as an anti establishment group focused on the economy. the parties in the bundestag and bundesrat don't do any politics in the interest all consideration of germany and europe. in the five years since its formation alternative for germany has been widely criticized by those who call and damn what they see as its populist and racist stance dva of to enjoy many has the rhetoric of the one nine hundred twenty s. and we'll move to karl and the continent see even in the e.u. have a blatant problem with anti semitism the whole of the f.t. is an anti liberal anti civic party i was i. was even was here. despite that
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they have enjoyed steady growth in the polls here in germany at times even coming in as the second largest political group in the country while taking up seats in has so would see them represented in all sixteen of germany's. states they aren't going to see this as job done all our duties they just a ruling. of all of the heads of the people they are doing things when the people don't want to be as a police we have to serve to people we have to do what the people want this is not only about the deed if you will look. the other european countries in whole or in hungary in children already. this our own power are ruling the same and house three are the f.b.o. . and we see him now also in italy. and.
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all those movements all those new products which are behaving the same way like the eat they becoming stronger and stronger and in many countries in europe they are already on the floor. now over in america why supremacists runnings the republican congressional candidates in the chicago area is trying to appeal to voters in the arab community with anti israeli and also anti-gay rhetoric arthur jones placed a campaign ad in an arab american newspaper although he didn't quite get the reaction he was hoping for. the holocaust is a fact it's. real. ridiculous . you know that.
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you know that's true but i consider myself.
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six suspects were reportedly arrested during this raid and they were being directed by receiving instructions directly from senior isis leadership the federal security service which carried out the operation put out a statement in which they said these men were planning to carry out a resident terror attack in moscow using firearms as well as improvised explosive devices perhaps something like we saw in paris in two thousand and fifteen the massacre there now judging by the footage of the raid these men were very very well fired on stacks and stacks of casual though we were given an exact number but law enforcement say they were financed from abroad via money transfers as well as from profits gleaned from criminal activity investigators also found a variety of automatic weapons as well as communications gear plans on the
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potential attacks that these men were going to carry out as well as blueprints for improvised explosive devices according to the federal security service these men put a lot of effort into remaining detected staying under the radar but now that they're in custody now that the investigation is of full swing doubtlessly will see more details about their sponsors their facilitators allies and others. but i guess for posting now you're watching us a thank you company tonight we're back with the headlines it's. the. priest who raped me when i was fourteen years of age was known to be a sexual abuse open he was ordained a priest and the church knew about his offending behavior and they ordained and continue to abuse from these ordination right through his entire career as a priest.
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i've been saying the numbers mean something they matter the us is over one trillion dollars in debt more than ten white collar crimes happen each dish. eighty five percent of global wealth you longs to the ultra rich eight point six percent market saw thirty percent rise last year some with four hundred to five hundred three per second per second and bitcoin rose to twenty thousand dollars. china is building a two point one billion dollar a i industrial park but don't let the numbers overwhelm. the only numbers you need to remember is one one business show you can't afford to miss the one and only. cranking gave americans a lot of job opportunities i needed to come up here to make some money i could make twenty five thousand dollars as
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a teacher or i could make fifty thousand dollars a year drove a truck so i chose to drive truck people rush to a small town in north dakota was an unemployment rate of zero percent like gold rush is very very similar to a gold rush but this beautiful story ended with pollution and devastation a lot of people have left here i don't know too many people here and just slow down so much they lost their jobs. laid off the american dream is changing it's not what it used to be. and it's a tough reality to deal. with lol make this manufactured come sentenced to the public well so. when the running clubs doesn't protect themselves. with the financial merry go round certainly the one percent. we can
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all middle of the room sick. real news. kind of financial survival job today was all about money laundering first visit this issue this week different. oh good this is a good start well we have our three banks all set up here maybe something in your something in america something overseas in the cayman islands or do these banks are complicit in their tough talk or suit a softer deal with poland saying hey i'm ready to do some serious money laundering ok let's see how we did while we've got a nice luxury watch for max and for stacy oh beautiful jewelry and how about. luxury automobile again for max you know what money laundering is highly illegal. much because of course. join me every thursday on the alec
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simon show and i'll be speaking to guest of the world of politics sports. i'm showbusiness i'll see than. most people think just stand out in this business you need to be the first one on top of the story or the person with the loudest voice of the biggest raid in truth to stand the news business you just need as the right questions and demand the right answers. question. you know why they. feel. good about it right. remember no they're.
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going to be. breaking news here and on to international the u.s. department of justice confirms it has a respite of pus some of the recent wave of mail bombs targeting political figures the issue of split the nation with polls suggesting americans are divided like never before. don't trust trade was showing.

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