Insufficient evidence that those russian athletes had been doping this was the original cast in twenty eight cases the evidence collected was found to be insufficient to establish thats an antidoping rule violation it was committed concerned its been such an emotional rollercoaster of ours and for these athletes the real saugor after months weeks years of preparation they had this glimmer of hope last week with the cast the solution that they could go to the games represent their flag their country their of them etc. Although thats been overturned there are still legal routes appeals they could go down but of course the Opening Ceremony has now just finished the games are about to begin whatever Legal Options are available they simply wont have time now to budge them here somewhere actions from those athletes many of whom were hoping to even make a debut at their first Winter Olympics i have no words. I was hoping that cas would rule in our favor right. Now i dont know what to do im disappointed but of course i wont give up on sport ive still got a lot ahead of me i will compete and win medals for my country. Until the very end we were hoping that this is you would go in our favor now i feel sadness and sorrow but i will compete recompensation i can if i have enough strength in the opportunity to compete in the next olympics i will prepare for them. I had no emotions left we had all our bags packed and were just waiting for a decision i think such situations make you stronger emotionally. Lawyer philip birch is representing the russian team he says the i. O. C. Has failed to make any distinction between clean and guilty russian athletes play in a view those decisions are legally wrong and unjust yes i call them disguised sanctions because thats what they are those athletes are being denied participation to the Olympic Games when they are clean athletes in fact they are being put in the very same situation as athletes who have developed and who have been sanctioned and suspended when they are clean athletes they dont even know exactly for two reasons they were denied access and they were not given the opportunity to prove these allegations one so yes those or disguised sanctions. France is unable to confirm whether the Syrian Government has used chemical weapons thats what the countrys defense minister said in a recent interview when asked about a chlorine attack outside damascus. Well theyre designed. By duke. Absoute the French Defense minister saying that there is no reliable evidence to suggest that korean was used in that attack contradicting what we heard just a few days ago from the French Foreign minister who had stated that for an attack it been carried out by the Syrian Government. Will be a turk of the ministers referring to allegedly took place on sunday and its not the first time the Syrian Government has been accused of carrying out or in attacks in the areas in the country in january it was accused of doing so by a number of groups including the syrian observatory for human rights which some people have questioned the organization which is run by a businessman in the u. K. And also by the white helmet so voluntary group which some people have accused of aiding with the terror executions that have been carried out in syria by taking away the bodies at the end of the execution will the u. S. Government has also spoken out about these alleged attacks in syria with the u. S. Secretary of state Rex Tillerson when he was in france last month same regardless of who carried out these attacks the blame was on russia whoever conducted the. Russia ultimately burrs responsibility for the victims and. Countless others targeted with chemical weapons since russia became involved in syria well the secretary of defense in the u. S. James mattis actually went even further than that suggesting that its not just chlorine attacks but also that sarin has been used another chemical agent in these attacks although he did also admit that they will in your dreams the. Could back up those claims now the u. N. Is of course investigating the allegations all these attacks in syria on some of the areas in the country but it remains to be seen whether the probes will ever be able to identify any concrete evidence as to whether those attacks indeed took place in who indeed was behind them and of course whether they will be able to agree and find a result of ject of enough for everybody to agree on. The International Probe into Syrian Chemical Weapons stored late last year until november it was handled by a body called the joint investigative mechanism but that probe was shut down when russia vetoed a u. N. Resolution to extend its mandate moscow criticized the body for using second hand sources and failing to send weapons experts to the sites of chemical incidents in syria back then russia drafted a Un Resolution calling for a new investigative body to be created the document says experts must visit the science of alleged attacks to collect samples and conduct eyewitness interviews but the plan collapsed after the u. S. Said it would block the resolution defense analyst ivan eland thinks the issue has become highly politicized. The problem is with these things is that one never knows for sure there are multiple sides on the battlefield it takes a long time to get the investigations done in the astray should always likes to. Put on a tough facades the one is we dont care who did this but the Syrian Government is responsible for it thats kind of a strange statement i think if they accuse russia and syria of something that either didnt happen or somebody else did maybe their evidence isnt that great thats probably the reason they dont have anything to back it up and they do it they dont want. Any independent investigation a mosque in libya has been hit by a deadly bombing that story and more still to come and probably. Very few not to speak more attention to. The north Korean Nuclear issue i really believe the us coming can come will be Just Solutions but. The us has been paying too much attention to military you know solutions but do you have to pay more attention to peaceful solution to the north Korean Nuclear problem. The bond market will not crash this time it will continue yields a go even lower and negative yields on various bonds will increase from the multi trillion dollars worth of negative yielding sovereign debt now to even more multi multi multi trillion dollars of negative yielding sovereign debt and were going to go down the rabbit hole even further but it certainly smells like what the panic cash withdrawal in places like china and west sell off in all these various markets and what the oil prices climbing higher in gold looking better than weve got here fashion reversed. Welcome back hundreds of supporters of a far right party have crashed with police in the central italian city just a week ago much answer suffered a racially motivated shooting which left six people injured. You know that they could hurt. The one you. Like the. Good. They did there you know the shooter was targeting african Migrants Police found a copy of hitlers mind counts in his apartment as well as a flag with a far right symbol the shooter said he wanted to avenge the death of an italian woman allegedly killed. By a nigerian asylum seeker. Well the incident has fuelled concerns about the rise of neo fascist forces in italy national as well as foreign media have weighed in the shooters lawyer told journalists that his client was greeted as a hero in prison release a racial and religious violence has soared in recent years well these are the shocking numbers from the Italian Police force hate crimes have jumped ten fold in just four years and the issue is raising concern at the highest level italys Justice Minister has revealed he was threatened when he visited the matter on to shooting victims in hospital. Even in control today. I received threats against me and my family but i was the first is to go away when the time comes to take action so i. Meanwhile a video has appeared in the media showing the match at our shooter shaking hands with the leader of the right wing Northern League while the shooter stood as a candidate for the party at local elections last year a councillor for the Northern League told my colleague neil harvey that the party rejects violence. If this guy did what he did he became a creamy now so we. Are very strict about it and. We pons pencil in the next election the people will use it to vote in this is the only way we act any violent act carried out by an immigrant it seems like the response is is also considerable surely this is not good for the country as a whole how do you feel about whats been reported the rise of nationalism and fascism in italy we are just telling it to the people we need lo we need. To be we cannot lose our identity because italy if this mood of immigration we rise and we continue we lose. The ally of your party the former soviet bellus going to hes called migrants a time bomb now is fairly aggressive rhetoric its only going to further divide people you said your weapon is your pension should we be trying to bring people together we found always the right way to act together and when we have been in the government the last time in two thousand eighty two two thousand and eleven we particularly stop the arrival of illegal immigrant. In two thousand and eleven we had only four thousand a rival in one year in last year we had the more than one hundred forty thousand arrival over Illegal Immigrants in italy so you can see the difference in the this is a bomb because at the most of those people are illegal they will never go to get to. The. Refugee because just the five ten percent of them is a real refugee a double explosion in libya has claimed the lives of two people and left seventy five injured bombs were set off inside a mosque during friday prayers in the city of benghazi according to the military the explosives were placed in bags and were detonated remotely using a mobile phone so far no group has claimed responsibility two weeks ago another twin bombing in benghazi killed thirty five people. Now a woman in california whos been a prominent face of the anti harris meant me to movement is herself at the center of a Sexual Misconduct storm shes been accused by at least two men of inappropriate behavior r. T. Jack interger reports. Democratic assemblywoman Christina Garcia has a reputation as a fierce advocate for women and has gained National Recognition for condemning Sexual Misconduct all over the place. A few we should not have to be on your shoulders. But there are places like the power that they can protect their time magazines silence breakers issue centering on speaking out against harassment even featured garcias face in the artwork and inclusion that garcia was humbled by posting on twitter that she was proud of the work being done and that she was clearly personal in october to the New York Times that she has also been sexually assaulted by men in her workplace multiple people have grabbed my bottom grabbed my breasts were talking about c. B. And o. B. s. Earlier this week garcia even helped pass a bill granting whistleblower protections to legislative stuff who are victims of Sexual Misconduct announcing after the bills approval that you were not standing alone and yet news has now broken up two men accusing garcia of Sexual Harassment one of the alleged victims is a former legislative staffer highly ironic considering the bill she helped pass is meant to protect legislative staff probes already been launched into the incident alleged to have happened back in two thousand and fifteen after an Assembly Softball GameDanielle Farrow claims that while she was intoxicated garcia rubbed his back and squeezed his buttocks before attempting to do more than reportedly quickly extracted himself from the situation and it looks like this may even be a pattern for garcia as a second accuser story is eerily similar an unnamed lobbyist alleges that a drunk accosted him last may making graphic sexual proposals while trying to grab his crotch she was whispering roo close and i could smell the booze and see she was pretty. She looked at me for a second then sit acidic. He says he adamantly rejected the offer at this point garcias camp has only responded to the first accusation the details of these kinds have never. Been brought to my attention and till today i can also say i have zero recollection of engaging in appropriate behavior and such behavior is inconsistent with my values but if weve learned anything from the me too movement its that accusations carry more weight than denials and once one person comes forward the floodgates tend to open or were back in just over half an hour with the latest news but for in the meantime. Well i am a mother her mother no no no. Im glad im not out. Of the fight for many clubs over the years so i know the game and so i got. The ball isnt only about what happens on the pitch for the final school its about the passion from the fans its the age of the superman each of killian erroneous and spending shouldnt twenty million one fly a. Book its an experience like nothing else not to because i want to share what i think of what i know about the beautiful guy but great so what more chance for. Peace is going to. Be everybody im stephen bob. Taft hollywood guy you know suspects every proud american first of all im just George Washington and our visa to suggest this is my buddy max famous financial guru and well hes a little bit different im not. Going to find no no no no no with all the drama happening in our country im hitting the road have some fun meet everyday americans. And closely start to bridge the gap this is the Great American people. This is boom bust broadcasting around the world from washington d. C. Times bart chilton coming off the Winter Olympics has begun in south korea will talk about the economics of the olympics with alex the haleigh bitch and with professor Brad Humphries and will discuss worker wages and focus in on a new rule proposed by the department of labor that has many workers worried plus first lets get to some headlines. Nearly all Global Stock Markets from asia to europe had a down day friday following yesterdays one thousand point drop in the Dow Jones Industrial average and for most of the day u. S. Markets moved up and down around where they closed yesterday and we are officially in the u. S. Markets ten percent below market highs last month which mean were in correction territory markets which move down twenty percent or more are said to be in bear territory we have the specific numbers at the break. European Banking Sector has made positive progress based upon italian german and french institutions which have reported better than expected earnings reports battered by bad loans and low Interest Rates european banks have made little progress in the last decade but the Fourth Quarter for Italian Bank Unicredit was the best q four in ten years the german commerzbank while below last years results still beat expectations and french bank Society General soc gen also reported better than predicted results even though revenues were somewhat down. The bank of england citing stronger than anticipated growth is has signaled that the bank is keen to raise rates at a swifter pace than expected just months ago the move appears to be in accord with where the Us Federal Reserve is headed this year. And Justin Trudeau the young canadian Prime Minister has been in San Francisco promoting canada as a tech and making pitches to Tech Companies including a direct plea to amazons jeff bezos to locate the new m is on ed borders dubbed h q two in canada last month and was on narrowed the possible locations of h q two to twenty including toronto which is the only city outside of the u. S. On the list. And we now go to toronto that city and alex mahela that should talk about the economics of the olympics and and alex before we get started any thoughts on that story about the Prime Minister pitching Amazon Headquarters to those in your city there. Well its a big deal for toronto look were talking about a five billion dollar investment fifty thousand jobs and this is in the states were about ten percent of your population so when you look at the number of fifty thousand jobs is a lot of jobs and never mind the money that would be coming in so for canada thats a big deal you know one things strike against us right now is whats happening with nafta a little bit not sure were which way were going i think we all know how its going to end but we dont have to get into that right now and what side of that though can is a really great place especially when it comes to Tech Companies like amazon because were pretty easy letting people into the country and especially when it comes to high tech we like to bring in the best from all over the world and amazon knows that so theyre looking at toronto looks like quite seriously and when you have a Prime Minister of our country also backing it you know that were ready for the deal thats for sure alex a sounds like maybe youre asking you know jeff bezos could call call me here if youre good youre a good surrogate for the Prime Minister there so lets get into the cities that might actually be second guessing their opportunity to hope to host the olympics so what say you. Yeah look at the olympics i mean its something that we both grew up with im sure many of our viewers did you know we used to be sitting there watching it very intently on our televisions but as time progresses what were seeing is that cities are waking up to you know that its beautiful to bring countries together and to bring that National Pride up but its very costly in a lot of cities have suffered by bringing the lympics to their homes so lets just break this down and it really gives you a sort of a good idea of what im talking about when you really look at the numbers so montreal i mean really what city obviously in my country here. Cities are probably more than anybody from a limpid games this is back in one nine hundred seventy six the budget went seven hundred and twenty percent over so thats a massive number thirty years later they were still paying for the Olympic Stadium the main stadium that they had there look at lake placid three hundred twenty four percent over that was back in one thousand nine hundred sochi games the most expensive Olympic Games ever two hundred ninety eight percent over budget rio you know fifty one percent over back in two thousand and sixteen that might not seem that big but its huge for a country like brazil and a city like rio where you have such poverty and that money could be invested someplace else so now tokyo two thousand and twenty thats a city that were coming thats coming up tokyo people are complaining there once again things are going over budget this is something ive never been able to understand why these things happen to go over budget anyway you should know what amount of money you have you have your contractors and somehow theyre still able to get away with asking for more again this is money that could be better spent in cities are actually seeing that theres meant numerous problems there always count that theyre going to have more tickets sold than they really have and just the whole fact that these these buildings that they make like it happened in athens like we saw with a very kind of that massive stadium in brazil used for the olympics and then just left there to rot so its a massive problem and cities are recognizing this for the first time alex. My wife and i were driving from i think chattanooga back to d. C. Last summer and we went near a site for the then elliptic in atlanta and they had all these river slalom courses for the kayaks accept and it was a really long and a big project you can tell and still had the parking and everything but nobody was there it was perfect whitewater time nobody was there so they spend all this resources on the infrastructure hoping i assume that later at some point that itll itll make good but but it hasnt in a lot of places so what does the future hold for the olympics alex looks like cities and countries are smarting up because not sometimes not only to cities suffer but nations suffer poor nations to bring in the lympics thats a very costly thing to do so look now were talking about looking into the future and whats happening here we know that lympics bring in about five to six billion dollars every time that they happen oh i will see the International OlympicCommittee Takes three billion of that most of this is made off of t. V. But they still take that money so what did the city see in the end very little so for the next big games that are coming up theres a really interesting two thousand and twenty four games happening in pairs only pairs in los angeles actually bid and the Olympic Committee thought that oh my gosh whats going on quick lets give a two thousand and twenty eight games to los angeles because cities arent bidding anymore they see that its something thats just going to cost them in the long run there is really no benefit to it in the long run to talk about all those beautiful in structure infrastructure thats built that infrastructure can be built without the olympics and when you see these budgets time after time after time going over hundreds of percent it just it just doesnt make sense anymore so it will bring forward its really sad because i think it again is something important to world to bring nations together and to bring up the National Pride but when it cost so much and when the i. O. C. Is taking so much money it just doesnt make economic sense. R. T. Correspondent algoma hale of it thank you so much for that report well catch another time thank you thank you. For joining us now to dig a little deeper and further discuss the economics of the olympics is dr Brad Humphries associate professor at the Regional Research institute at West VirginiaUniversity Professor humphreys thank you so much for being with us i dont recall that it was a lot of it was made mazing in your opinion how much can a city that is hosting a winter or summer olympics expect to actually pay or did any of them ever make any revenue is to host these games. Well its doubtful that any games have been profitable since the los angeles olympics in one thousand nine hundred four so cities as alex pad listen to it all and not of my head the whole time alex is right now cities pay a lot because they have to build facilities and the huge costs are associated with these giant White Elephant facilities that the i. O. C. Demands that cities build and the benefit to cities is going to be primarily from whatever tourism dollars that they would get for people visiting the areas where the games take place. Ok and so if you look at this upcoming olympics what do you think that they should expect in terms of you know how much theyre going to spend i mean it seems like its going to be as extravagant as as ever professor. Oh it is theyve theyve built the main arena where the opening ceremonies and a lot of the premier hockey and skating events are going to take place that was one hundred Million Dollars and theyre going to knock that facility down after the olympics are over so thats basically one hundred Million Dollars for a facility thats going to be used at most about a month between the regular olympics and the paralympics and its good its a tremendous amount of expenditure for a region of korea which is which is not well developed right right amazing youre going to tear the thing down a professor at our lunch in the university of Calgary School of Public Policy told a group of people there that were they to host the olympics they wouldnt see many games at all anyway what are your quotes here theres not a huge amount of evidence supporting the idea that professional sports or mega events are huge drivers of local Economic Conditions unquote it isnt there is there any data at all to show forget about the overall expenditures but about the individual businesses that are in the area in the country or in the city that they might actually benefit even if overall the venture loses money. Sure well you look lets take for example calgary because i think its a great example thats already a major Winter Sports skiing destination and theres going to be a lot of people who are going to go to calgary because its right at the rockies and beautiful city its got a lot of great natural many of these around there when the olympics show up in a city like that you get a Different Group of tourists but its really just replacement tourist one group of tourists coming in and another group of tourists that dont show up in calgary then theres also this idea that a lot of the locals want to get out of the city because they dont want to have to deal with the crowds and the mess that goes along and security that goes along with the modern olympics so maybe they could make a run out there replace it with twenty thousand dollars or v. R. V. Or something professor. Well they certainly could and theres no doubt in my mind that many people will do that especially now when in the gig economy where theyre being bees are common but that that that the three week benefit and its not like that creates any long term lasting Economic Growth in a community that host these games didnt didnt the olympics used to be funded back in the day when was that and when did it change and why. It. May be a very long time ago when the Olympic Games were first beginning to be held it was funded by the i. O. C. Or by the other organizations but the olympics have really exploded in terms of their sagas and their lavishness and the abilities that the International Olympic committee once built and now its local governments who are expected to foot the bill in fact theres the i. O. C. Requires any hope