Seems wrong. Well just dont. Let me. Get to see. These things come out today. And in detroit because the trail. When something find themselves worlds apart we choose to look for common ground. The u. S. Is losing into a number one the climate denying is precluding them from the dissipating in this new economy number one and number two the effects of the Climate Change and why the catastrophes the global you know my currents that are the result of it all this other problems are hurting the u. S. Economy on the other side of the trade so youve got a double bind. Across europe municipalities are taking their water supply back from private companies. Alone even some company else with invites private companies to take over the utilities anybody tell us that opel. Missed you guys you got. Going to go. Buy been this is. The quote them out. Of or you. Locals are ready to stand up for the basic human right of access to water its about water but its also over much more than water its about the hurt and the redistribution. Downwards if you want or. The u. S. Supermarket chain kroger is selling off its Convenience Stores the cleveland based chain will sell eight hundred stores to e. G. Group which operates a chain of british gas stations for two point one five billion dollars Convenience Stores operating under the names turkey hill loaf and jug quick shop and tom thumb generally are in the southeast unite. States that took in four billion dollars in annual revenues last year kroger will hold on to their supermarket based gas stations and Turkey Hill Dairy the sale as part of a previously announced plan to refocus on improving their supermarkets and kroger says they will also use revenue to retire their debt and pay back and buy back shares. If you feel like youre having a harder time finding a bank you may not be imagining it banks are closing branches in less profitable areas and the wall street journal reports that seventeen hundred were shuttered in the twelve month period that ended july of last year the journal calls this the longest string of Bank Closures since the Great Depression bank of america for example has closed fifteen hundred locations since two thousand and nine mostly in rural areas while bank of america citi and other big National Names have been closing branches since the two thousand and eight financial crisis regional banks are now accelerating the overall trend to prevail and survey t. M. Is an online and mobile banking of also heavily contributed to the pressure to close. And we now move to discuss in detail the market meltdown more than eleven hundred point drop yesterday following fridays six hundred sixty six point fall there was a panic type selling yesterday what to make of it to help us sort it out we bring in melissa our mo of stocks swoosh and naomi osland the chief market analyst of think markets here we go melissa first what do you think is going on. Well good morning i get out to be nice to see a bar. I really wouldnt panic we had a huge rally today into the close which im really not surprised about even though we sell on friday and we fell yesterday and we fell little bit more than was expected there really wasnt a catalyst for that to happen and i did actually this morning my trading room if we have hundred percent today we trace the bar from the cell apart from yesterday then were going to turn right around and we actually did that so the panic lasted for no more than one day really and i was looking at it yesterday and i said theres no catalyst for this there simply was a reaction i think to the negative earnings that reported last week google and apple did not have good earnings thursday night they gap down with the market on friday and then i think investors took some profits you also have Interest Rates and bonds going up so you may see some repositioning of money so i think thats why you had some selling ok well thats a one to one to know you want about you what you want your take on. Orlaith things were having me i think the catalyst for us it was the us nonfarm payrolls started on friday right because soon resurfaced theme that raged in cream and coming in the inflation fear of the quam among traders was that a k. Now the fed is behind the curve very hard to because inflation air has started to take up and you know this inflation game especially with the rakes what happened yesterday because during that time in the last hour there was a massive explosion in the tele t. Index and that caused a massive attention of investors yes i agree with the guest that there is no major catalyst because everyone does believe that the fundamentals of the u. S. Economy are very strong because wages are improving u. S. Nonfarm payroll does tell you that the employment market is strong but as you said earlier there are certain jobs within the u. S. Market which are becoming less they are not that popular hence the banks are closing those jobs and it is important for the companies to make sure that the are also educating. Their employees and students are also getting the top of ranks in terms of the education so as you are setting saying earlier in your. Section talking about cryptocurrency is just the regulations are really great and what i want to touch that is the villain the i. C. Or market the start ups such as developer they are doing a great job because thats what exactly theyre trying to do theyre trying to create a boot camps where they can teach students about the Artificial Intelligence so hence these jobs are richer eliminating due to the technology and this technology is one of the factor that we are seeing in the inflation and hence we have not seen the village increment but that of aging crimen is happening because of the tax incentives come. That triggered that market selloff right but that was just only an excuse because the fundamentals are still strong and i disagree with that guest by saying that i think ports in the us to have good but i have what i do concur is that yes ok the expectations are far ahead because market or the analysts are predicting numbers which are not realistic so we have a reality check thats what happened ten percent correction in the market is an excellent thing because i mean even if we get a twenty percent correction wed be more than happy to look at it because the fundamentals are sound ok well thats a lot to unpack the a bit you raise so many good questions there so you know it seems like everybody has sort of an answer and i very much respect to both of your views ive heard even people some crazy conservative commentator say well this is president obamas fault because the cheap money despite the fact that everybody sort of like the cheap money for the last nobodys complained about it you know as markets been going up and then i heard somebody earlier talk about its the trump tumble i mean for gosh sakes my view is that by and large president s dont have that much of an impact on the stock market sure when there is Something Like legislation passes but whats your thought on that melissa i mean is this donald trump or Barack Obamas fault or does this have to do more with these underlying economic fundamentals. Well i will tell you that the market was bullish under president obama yes it was for the eight years that obama was president the market was bullish but you got to look at where and when a bomber started it was right after that huge debacle with the banking crisis so we really had nowhere to go but up after that and we did but when trump was elected after that in two thousand and sixteen of them or two thousand and sixteen the market took off and it never looked back for fourteen and a half months the market power trended up so we dropped for todays big deal the fact is that theres an old adage the trend is your friend and thats still in place we dont really have to do a correction people always like to predict corrections when it happens it happens if youre in the market long term is a long Term Investor this selloff doesnt mean anything to you if youre short term daytrader than you might have short of the last two days as far as trump goes his policies are in place now because tax reform passed at the end of two thousand and seventeen and people are looking ahead with the High Expectations that was something your other guest said thats true the expectations are high but it doesnt mean were not going to meet them look at what the markets done look at all the cash these companies are going to be saving and taxes are going to do something with it a lot of them have been given bonuses a lot of them have been given wage increases and theyre also going to influence the the savings of their businesses with growth and that is going to happen and its something that takes time this just past it may not reflect right now the second but it might reflect in the next six to twelve months of earnings for these companies so you have to be optimistic fundamentally and technically theres just no downside here for a ten percent correction to happen in two days that is scary for people because its that its a speed that the that it happened was what was scary if it had gone to do and taken seven days to happen we want to be talking about it the fact is that it was a fact that it happened very quickly but i want to say one quick thing people here is when you panic when you are down money and the trend changes. Everyone was up ok so you line it up more last week before we fell on friday and monday but people are still up and people are still in there for a one case and the trend is still intact and even more so after todays close so there was no reason to really panic if you were up in stocks and you wanted to take profits there was nothing wrong with that last week if youre in for the long term and you hold it through but the trend is your friend you panic when youre down like what i have said for panic but we got up in the morning and we got down overnight in the after hours at some huge number that would be panic city usa but that didnt happen and actually we were acting crazy last night in the after hours the market dropped a lot and then it recovered it recovered by the open today the volatility has been high the last twenty four hours the last forty eight thats true but we were in such of such a territory of low volatility almost no volatility you can expect that to go on for every other just like you can expect the market to go up in a Straight Line forever which are pretty much did for november two thousand and sixteen intel two days ago you know out there realistic you know let me ask you about something melissa did there we just got about a minute left but shes talked about the speed and that is i think concerning you want the High Frequency traders traders ive called because theyre in and out of market so quickly but when things happen in markets today you want them because they provide liquidity but when things happen in markets they have been in an awful hurry is that a concern that you have. Absolutely i think High Frequency trading is good in terms of providing liquidity but hes all for things because when the thing starts melting up and then you start seeing the dow drop five hundred six hundred eight hundred thousand and fifteen hundred that is a machine war and this is what we study in the morning to our notes for investors that this is nothing but a machine will and a product which is sold by an institution to suppress the wallet and that product wasnt right and thats the thats the flavor thats what you get in the market in let me ask both of you just really quick one on one a couple word answer are you now buyers are you sellers or you wait and sears Buyers Sellers wait in sears melissa. Wait till now same way for the box to catch up and sell it strength again today with a good sign but if you want a confirmation wait to the market cap that name. Bye of a stop loss as yesterdays low. Thank you so much sure appreciate both of you joining us well get to this again in the future hopefully not too soon on a big tumble like this and thats all for today tomorrow we have a treat for you with the queen of crypto a reef a con youre going to love it plus space x. Has successfully launched a rocket into space well have more on that today with ed schultz and watching the hawks before wallace is there be sure to check it out and be sure to catch boom bust on you tube youtube dot com slash r t thanks for watching catch it next time. Two americas two intensely charged in opposing news narratives to Cable News Networks reflect these divisions or rather function as triggers intensifying Cultural Divide also what has happened to journalism is it now profession inhabited by hacks in the politically possessed. The best out of the tools of. The concepts of pain to perform how to pass myself to die. Hed what to say trust me. As most of. You. In home stand tell your. This country to us. So we know. What it was that he could with us he was just that yes more here to be patient so i try to pay attention. That bain capital kind of b. S. Get here you. All see we have a great team we need to strengthen before the freefall world cold and youre better than a legend to keep it so its at the back. In one thousand nine hundred two that not qualify for the european championships at the very last moment no one believed in last but we won and im hoping to bring some of that waiting spirit to the aussie team. Recently i had a lot of practice so i can guarantee you that Peter Schmeichel will be on the best fall since my last will call when that starts or three. Thousand zero zero zero zero he didnt brush. Strike. Left left left more left ok stuff thats really good that despite its time going into history the soviet union you know has dominated International Sport however this was not about the numbers of those champions from but. You know. When im sure number. One will be there with the board maybe just your good news your brother described what would you do with. The list would be reserved for you if you were the first some of your limpy team of one nine hundred fifty two with included seeds of life as concentration camp prisoners and from slime soldiers which your current baby is good because youre sure you get a much smoother to ship because your book. Im for going from one fall and through showed all of that would all go forth with you through. The variations your group or neighborhood inclusion of the world over the new one year old daughter the war included that in your world you were your cloak we are in the world three of those youve broken we. About your sudden passing ive only just learnt you worry yourself in taking your last bang turn. Your out to you as we all knew it would i tell you im sorry but only i could so i write these last words in hopes to put to rest these things that i never got off my chest. I remember when we first met my life turned on each fret. But then my feeling started to change you talked about war like it was again still some are fond of you those that didnt like to question our ark and i secretly promised to never be like it said one does not leave a funeral the same as one enters the mind gets consumed with death this was quite different i speak to you now because there are no other takers. Claimed that Mainstream Media has met its maker. Was. Truly an assault remains holed up in the Ecuadorian Embassy in london after a british judge with a few. To lift an arrest warrant for the wiki leaks founder. The us defense secretary asa progress to a group a major funding boost for the military and singles out russia and china as peak local threats. And Human Rights Watch reveals how anti psychotic drugs are being misused by american Nursing Homes. When youre seeing who do this totally drug you can even talk to. Im Kate Partridge and youre watching the latest headlines here at r. T. International thank you for joining us. A british judge has ruled that an arrest warrant for julian assault remains in force meaning hes still unable to leave the Ecuadorian Embassy in london and the president of ecuador has just given a statement saying he will continue to protect the wiki leaks founder arties anastasio has the latest on the standoff. It was expected today that a judge would want here outside the court behind me to potentially lift the arrest warrant put in place by british officials in connection to the initial allegations made against julian the stands by swedish officials his legal team have been saying since since those were dropped its time to drop the arrest warrant however the judge here has decided that at this stage this would not happen quite yet so this was technically the last legal hurdle for Julian Assange to be able to walk outside their court or an embassy and not be arrested now there was certainly some confusion earlier on in the courtroom where the judge said that at this point shes not persuaded that the arrest warrant should be lifted and lots of journalists started to publishing headlines that the court had ruled against him and Julian Assange went to twitter as he often does to say that this was big news and the hearing was actually continuing because legal team and Julian Assange himself have said time and time again that whats key and what he fears most is possible extradition to the u. S. Lets take a listen mr sound remains willing to answer to british justice in relation to any argument about breaching bail but not a thing to face justice in america. This case appears and has always been about the risk of extradition to the United States and that risk remains real while its also been made clear that even if at some point a court here in london does decide that Julian Assange could potentially walk a free man his concern is some kind of guarantee of free passage again to would this potential extradition to the u. S. Given that american authorities to see the least or point on the copy with the work week elites have been doing and have said time and time again that they want to see him on u. S. Soil the United States do something to stop mr sausage. Right now this guys a traitor a treasonous and he has broken every law the United States the gut oughta be. And im not for the Death Penalty so if im not for the death i dont want to do it illegally shoot the son of a wiki leaks walks like a Hostile Intelligence Service and talks like a Hostile Intelligence Service ignorance or misplaced idealism is no longer an acceptable excuse for lionizing these demons do in a sundress legal team will continue to battle it out here at the courtroom in london its clear that whats key in terms of what happens to Julian Assange will largely depend on any guarantees including from the uighurs that he would not be taken there and this is continuing to be a major hurdle despite what happens here in london depending on the decisions that will come possibly as early as next week on february thirteenth. Meanwhile on tuesday there was a minor scare at the Ecuadorian Embassy in london a package was delivered to Julian Assange containing a written threat and an unidentified white powder police inspected the substance and it turned out not to be dangerous sarge confirmed the incident on twitter were given the scale of the revelations wiki leaks has published against the u. S. Its not surprising many think washington is keen to get its hands on a song wiki leaks expose details of torture at the Guantanamo Bay Detention Camp it also published damning u. S. Military logs on the war in afghanistan and the company also leaked the cias spying tools as well as this. All this video which wiki leaks called collateral murder shows how American Helicopters gunned down more than a dozen in iraq years and more recently the release of the d. N. C. Even hours which then allegedly helped donald trump win the u. S. President ial race human rights campaigner Peter Tatchell believes these revelations could easily see a song extradited trying to meddle with that theres no doubt the. Bottom line in your sound case is the very serious and likely risk that he would be extradited to the United States to face a whole raft of very serious charges including espionage which can in theory carry the Death Penalty at the very least he can expect forty years in prison and possibly life imprisonment so it is totally understandable that as a rational human being during your sons would not wish to step outside the Ecuadorian Embassy when the risk of arrest and extradition to the u. S. Hangs over his head. The british had larry love who won his fight against extradition to the u. S. On monday has visited Julian Assange which at the embassy now obvious accused of carrying out Cyber Attacks on the f. B. I. And nasser among others while wiki leaks is also known for publishing classified information about american politics and the work of its Security Services said he wished a song luck in the case. Of five years inside a small embassy means Julian Assange has plenty of time on his hands broken up by visits from his friends and supporters. Thank you. U. S. Defense secretary james mattis has congress to approve a massive funding base to the military the trumpet ministration is pushing for a seven hundred billion dollar Defense Budget for this year rising to seven hundred sixty billion next year. And has the details well james mattis the secretary of defense was speaking before the Congressional Armed Services committee in his remarks he talked about how both russia and china were in his view a major threat to the United States because they were updating their Nuclear Arsenals russia had reduced only the number of its accountable Strategic Nuclear force russia has been modernizing the weapons as well as other nuclear systems. Moscow advocates a theory of Nuclear Escalation from military conflict china to it modernizing and expanding its already considerable Nuclear Forces pursuing entirely new Nuclear Capabilities now these words come from a country that recently updated its Nuclear Weapons doctrine the us Nuclear Review was recently released and in the review the United States named russia china iran and north korea as potential threats to the United States they could essentially attack these countries with Nuclear Weapons in what they deem to be extreme circumstances and that includes a nonnuclear situation later in his remarks before the Armed Services committee mattis actually talked about increasing the u. S. Military budget at this point the United States has the Largest Military budget of any country in the entire world its bigger than the top eight other countries combined however james mattis says that its just not enough this is what he said no strategy can sure vive that you pointed out chairman without the funding and insufficient funding and created an overstretched and underresourced military Congress Must commit to both an increased and sustained investment we must be good stewards of the tax dollars and support the budget for our military we need congress to lift the defense spending caps and support the budget for our military no strategy can survive without the necessary stable predictable funding if you need more money for weapons who is better to scare the u. S. Public with then russia. And is a common sight a new rockwell thing such a launching crease in the military budget is a dangerous step they want more money because they just want more money i mean thats the way the government lives to do it lives to spend u. S. Military budget. More than ten times the size of russias its the course the by far the largest in the world much bigger than chinas and much bigger than anybody elses and they want more they want to spend more money they want more troops more weapons more planes more everything evil. Its a horrendous thing. I dont know whats going to happen but its very very disturbing that these guys are talking openly about this kind of military escalation that can end then the whole country is being destroyed in the whole planet being destroyed. And Human Rights Watch report has exposed how drugs are being misused in american Nursing Homes victims relatives say strong antipsychotic medicines are used to control residents with dementia the right screen