Everett dirksen quote right i mean sooner or later youre talking about real money sounds like real money what else are they spending this real money on michael other than supplies and troops i mean their infrastructure over there youre going to have infrastructure weve had to be roads. Schools key water just to go in systems in the rural areas and that is in in addition to having to deal with fighters from various clans that that dont want any of that western influence in that region so its really going to continue to be in and then struggle for quite some time and that that seven trillion dollars michael does that include the veterans and what were doing here at home it will yeah it has to it has to include them and their medical medical attention and and also the families and and taking care of those who have been. Severely wounded over time and taking care of them and it really all adds up over a period of time i would say that if you combine afghanistan with with iraq were talking probably upwards of ten trillion dollars by the time its all done that park sees what it would have cost for infrastructure that the president proposed. Who are right and when you talk about when you look at the comparison between what were spending here infrastructural spending over there and put it in a context what a report i heard in recent days over the weekend i think that iraq is now seeking i dont know if its from the u. N. But from International Authority is the reports that additional funds to rebuild where in the world would that money come from well it may ultimately have to come from the United States if we dont want irans influence to take over completely in iraq that is a Major Political concern and policy and strategic concern that the United States has from a strategic standpoint and so the u. S. Has got to deal with that we not only iraq but were going to have to also continue in and in afghanistan on top of all that. We havent had a budget in the Defense Department for at least two years and its been under a sequester so theres been a cut off and thats now been lifted at least for two more years and so theres going to have to be reloading the contingency funding that went in and on top of all that weve lost one point eight billion dollars here in recent days and we dont know where it went and when you when you invest in afghanistan a lot of that gets filtered away theres a lot of corruption in the country so and theres been studies by the by the Inspector General of a specialized special Inspector General on this he says the moneys gone nobody knows where it went and this isnt a problem you know i want to follow up on that one so last question ill go about thirty seconds michael so the president said seven trillion dollars is stupid that we spend all that much youre saying no you actually need that to protect our security and more but what is the president done his budget request thats out today he asked for more to that seven trillion that stupid or less well the seven trillion is going to be what has accumulated over time hes hes asking for almost another trillion dollars. But when you consider his new strategic defense posture plan which calls for more capital ships more updated Nuclear Weapons hypersonic aircraft its going to be an incredible amount of money in order to compete with what the Defense Department perceives to be a continuing threat from both russia and china in their build ups love to have you back to talk about which your companies are going to make out on some of this former pentagon official michael thank you so much for being here thank you appreciate it. And time now for a quick break but stick around because when we return u. S. Trade frictions with china escalate and the Riyadh Ritz Hotel reopens and for business and wells fargos troubles you guessed it continue as we go to break here in the numbers at the closing bell gold and silver were up in trading this morning as usual with fines of turbulence for stock investors taking refuge in Precious Metals as a hedge against instability the weak dollar and a mild rebound in the oil prices are also playing a role in this dynamic through the impression of growing that the dollar has a. From the solution in the spokesmen. To sneeze at the stake in the room with this summit which is moving on one of the notions of. War. Thats not right. And you know that some of it is just some us trying. To put dont play up for on the street to dad to some other time to get more. I played 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 or the final school its about the passion from the families its the age of the super manager killian erroneous and spending to twenty million on one player. Its an experience like nothing else not to because i want to share what i think of what i know about the beautiful game but great so one more chance. And thinks its going to. Last week we reported and discussed in detail the trumpet ministrations thirty percent tariff on solar panels that has panels coming into the United States china is the key importer of solar panels to the u. S. And their imports have dropped by more than fifty percent last year to six hundred twenty Million Dollars well china is now considering upping the trade war and has announced an investigation into the dumping of u. S. Sorghum sorghum is the animal feed china imported more than one point one billion dollars worth of u. S. Sorghum last year in the scheme of things these are Small Matters as the two nations the two largest economies in the world have bilateral goods trading of over six hundred thirty six billion dollars each year although china enjoys a three hundred seventy five billion dollars trade surplus with the United States nevertheless the sorghum investigation by the Chinese Commerce Ministry Raises concern that more trade retaliation could be in the future watch this space particularly if china raises concern. Earns about larger u. S. Agricultural exports like soybeans beef or dairy products. And saudi officials are hoping to raise more than thirteen billion dollars by the end of the year in their settlement discussions with princes and high level money interests who have been rounded up and holed up in the Corruption Scandal last year and held in the Ritz Carlton Hotel in riyadh which serves as a luxury jail the crackdown which witnessed hundreds of princes and businessmen and they were business men women being held are now beginning to be released on sunday the hotel open for business to the public today no details on any settlements have become available. And bad boy the Bank Wells Fargo is back again and they cant seem to get it right after years of wrongdoing the big bank has announced that they recently recently sent thirty eight thousand erroneous communications to customers that forced them to purchase unneeded Auto Insurance the bank has yet to begin to do their refund outreach on another misstep where as many as one hundred ten thousand customers were charged in appropriately for various mortgage related fees the bank said the Auto Insurance mistake was due to a quote coding air as many of you recall days ago boom bust reported and discussed in detail that you the u. S. Federal reserve took the unusual step of restricting the banks growth until it sufficiently improves its governance and controls. A new study says there may be truly ends of planets beyond our galaxy its a discovery scientists have been working on for years trinity charges as more scientists have long been unable to find planets outside of our solar system beyond the borders of the milky way because its so incredibly difficult since these extra galactic galaxies are located some three point eight bill. Again light years away they are simply too far to be observed directly not even with the best telescopes that exist but despite all the odds a new study gives the first evidence that exoplanets do exist beyond the milky way using data from nasa shondra x. Ray observatory space telescope and with the help of gravitational microlensing astrophysicist at the university of oklahoma say that they found the first evidence that more than a trillion exoplanets could exist beyond our milky way dr chien knew an assistant professor of physics and astronomy at the university and the leader of the new research said in a statement we are very excited about this discovery this is the first time anyone has discovered planets outside of our galaxy these small planets are the best candidate for the signature we observed in the study using the microlensing technique we analyze the High Frequency of the signature by modeling the data to determine the mass the researchers say that in this image alone it is estimated that there are trillions of planets in the center elliptical galaxy dr shen you rob although. You. Can start about. War. Where weve. Got them all. One group. You can start so before. We load and. You can start opening. Number one we wish you all of the study points out that oftentimes planets within the milky way are discovered using the same technique it wasnt until this study that there has been any evidence of planets in other galaxies and why dont go to us a researcher on the study says that quote this is an example of how powerful the technique of analysis of extragalactic microlensing can be this galaxy is located three point eight billion light years away and there is not the slightest chance of observing these planets directly not even with the best telescope one key. And imagine in a Science Fiction scenario however we are able to study them unveil their presence and even have an idea of their masses this is very cool science while some experts are skeptical of the research dr should new says that he hopes that other independent teams can confirm their analysis because after all thats how science works reporting in new york Trinity Chavez r. T. And we continue to worry about puerto rico its important for businesses its important for economy and its of porton for you know the people were very pleased to be joined by Tabitha Wallace from what were watching the hawks who happens to have a lot of interest in to spend a lot of time on this Terrible Health care if we come on puerto rico since the hurricane not as far as as i feel like we should and what a lot of people feel we should on sums the instances we did collect a lot of things stateside and overseas to help the people in puerto rico but one of the biggest issues theyve had is getting those things theyre actually shipping items so thats not a huge thing we i was in orlando just last week and i spoke to the head of the hispanic office for learning and assistance and they take on people coming from puerto rico and sort of help them in the area and that was that was a big thing for them and so much stuff to give just no way to get it there yet you know my wife was down there recently and she said you know they do have power in most most places but at some places its sporadic the hotels are open for business we covered some of that last week but what else do we know about how its going i mean if emo said they were going to pull out then they said no were not really going to pull out were going to stay there what else do we know about whats happening on the ground one of the biggest issues for people is as you said hotels are coming back online these kind of places are coming up but for a lot of the people that live in Rural Communities who work in those places those that those options arent there a lot of the factories closing down is a lot better. The other parts of the are right and a lot of that has to do with the fact that factories closed down places where people could work were closed down so one is power and one is having a job which is what lee would is leaving some of them as evacuees to come to the United States because at this point its actually easier for them to find a job say in orlando than it is for in puerto rico you know it seems to me that boy you know its got to feel like a little bit of maybe a lot of a gut punch if youre a puerto rican youre there you see how the resources have been going to texas and florida and even california with the mudslides you know for gosh sakes there u. S. Territory and this got to be sort of a bummer for them doesnt it it does and i think thats the hard part is that it these are people who hold the u. S. Passports these are people who are american citizens they have been for a very long time and for them in having to either come as evacuees to the United States and the main goal for them is they want to get home they want to go back where they are and thats a problem we need to be able to help them because truthfully theyre theyre part of the United States theyre american citizens and its an island so we owe them even more help than anybody else because its ten times harder for them to just get power up and running and i think thats where a lot of alternative energies are going to come in to play to help them out hopefully well i hope so i hope that they dont just do bandaid approaches and they do the longer term visionary stuff im doubtful about it but with Solar Renewables because it is difficult to get there tariff wall thank you so much for sitting down with i really appreciate it. In the u. S. Its been the worst flu season in ten years and now a Japanese Company says that they have developed a pill that can cure the flu within forty eight hours that is a third shorter time period than roche age east amma flu quickly killing the flu can also mitigate contagion of course the company that has developed the one day flu pill is Japanese Firm shawn g. The japanese drug regulator is now fast tracking the drug through the Clinical Trials and the approval process and the company is expected to seek u. S. Approval from the food and Drug Administration later this year other drug makers including johnson and Johnson Astra zeneca are also endeavoring to devise a quicker flu pill in the meantime wash your hands a lot. Thats it for our broadcast today be sure to catch boom bust on you tube youtube dot com slash boom bust our to see you next time. In america a College Degree requires a great deal. Paying a decades long dead. Studying so hard it requires trying to. Go through humiliation to enter an elite society. And paci into debt sometimes quite literally. Wants of the true colors of universities in the us. Tens of billions hundreds of billions probably a trillion dollars of u. S. Government subsidies a seat on the Energy Industry yes government can subsidize mining of big oil rather cryptic currencies and put those into while its called american citizens going to each have an automatic wallet tied to this also security account and they can get a daily and weekly or monthly air drop of crypto coins that they can then years to boost the economy with the government can easily do that. But. We put themselves on the line. To get accepted or rejected. So when you want to be president. Wanted. To go on to be pros this is what before three in the morning cant be good. Im interested always in the waters in the. First. Alice stein is Getting International recognition with the help of israel at least in the world of zoos and to this should be like you know. This isnt my cup of tea is going out to study hall maybe. John does. The only palestinians gets the most help from his jerusalem counterparts i dont think theres some of those who in the world under the oak vision know only could do this. And that is all of your knowledge to how to display any of the most of the animals you call t. V. In the customs you know do more in the middle dont put this off. This hour in an exclusive interview with our t. V. Head of the court of arbitration for sport tries to defend the olympic committees decision to exclude russian athletes which the court itself had already cleared of doping allegations. The fact that able to show the guilt of an athlete. Has nothing to do with the case. That. The u. S. Admits a part of the local forces are trained in syria is fleeing to join a conflict against washingtons ally turkey. And consumer goods giant unilever is on a mission to clean up the internet with threats to pull lucrative ads from facebook and google if they dont act on fake news and hate speech. From in the news team here at r. T. H. Q. This tuesday the thirteenth all fabrice ten am here in moscow. Four pm in south korea where its four days into the Winter Olympics and athletes from russia are on the medals board with two bronze and one silver thats despite a reduced number of competitors from russia following decisions by the International Olympic committee and the court of arbitration for sport over doping allegations in twenty cases the evidence collected was found to be insufficient to establish that an antidoping rule violation was committed concerned couse a decision is a extremely disappointing. Decision of the church and the need for reform. In the interludes structure of couse. Not demonstrates that the manner in which two special Commission System by the i. O. C. Was carried out in a discriminatory arbitrary or unfair manner and there are plenty of questions left over those conflicting decision so our correspondent has been speaking exclusively with the secretary general of the cia as lets go back to the olympic host city now is there for a senior weve been sharing some of the highlights in the programs over the past few hours take us through did you manage to get any revelations. Kallen hi again well after cast said no to forty seven washington athletes and coaches just as the Winter Olympics and young chang were getting underway i guess the number one conclusion that came up on some peoples mind was that presumption of innocence doesnt apply to the russian scandal i can tell you that the secretary of secretarygeneral didnt say exactly that the principle doesnt work for cas although see for yourself how much it applies to the russians. The fact that the unable to show the guilt of an athlete doesnt mean that it has nothing to do although with the case of the innocence this is a logical consequence and this is nothing to do about it. Mr reed maintaining that leaving the group of clean athletes on paid for out of the olympics wasnt a sanction it also i found out that the International Olympic committees refusal to get these dozens of russian athletes on board was in some cases a result of your suspicion and other cases a result of the actual evidence being provided however mr reeve hasnt seen it after all he wasnt a member of the panel but he promised that very soon this evidence will be published for now it is time to check out some of the other bits of my exclusive interview with never involved in any political discussions or debates we are lawyers a tribunal we render decisions cas secretarygeneral obviously referring to you insisted that the court of arbitration for sport decision does not mean that these twenty eight athletes are declared innocent does that mean that presumption of innocence doesnt work with cas. The duty of the i. O. C. Was to show that the athletes involved in this case were guilty of and i dont mean rude violation the fact that you cannot establish the give evidence of that. Doesnt mean that you have established the innocence of the athlete you see what i mean if you have an athletes or anyone committing a dope infraction if you have a classic doping case you have a positive test then you have a presumption of guilt of the athlete this is the other way around with the sochi case because the i. O. C. Had to show that the athletes were guilty the athletes from the groups that your court had to deal with havent been explained their wrongdoings by the i. O. C. But did the International Olympic committee at least provide cas with proof of their guilt is difficult for me to go into details because this case we only have the decisions without the reasons so we know the result we know the Media Release that i have pronounced but we dont know the full reasons for each of these thirty nine cases so the only thing i can imagine as a lawyer is that there were some evidence brought by the you see which shows some suspicion about some wrongdoing in this situation. As you heard a couple of minutes ago when initially cass overturned the i. O. C. Bans of the sochi athletes the International Olympic committee was very critical of the court thomas fox said that cast needs to be your forte and i asked the secretary general whether anyone were turned to that idea after the latest decision the washington athletes the answer was no so it appears that since cast made the decision that totally satisfied the International Olympic committee nobody wants to reform the court of arbitration for sport anymore. Ya know you had a long. Thanks very much for willing it down for us for now though the Winter Olympics in south korea thanks for updating us. Next washingtons admitted that some of the Kurdish Forces that are trained in syria are shifting to fight against one of americas own allies turkey and who is currently on the offensive in Northern Syria against groups that it deems as terrorists Khaled Morgan has more on the tensions currently playing out in syria u. S. Secretary of Defense James Mattis has confirmed that u. S. Armed Kurdish Forces in the ass d. F. Have been relocating to the northern parts of syria to protect territory from turkey. The destruction of was going on up enough and right now which is drawing off some of the Syrian Democratic forces the see the snuff and on the right so that is causing the police their attention to shift. Now the kurds and turkey are both key u. S. Allies in the region however theres been tension between all three of them in recent months now weve heard of how the usa has been arming the Kurdish Forces and providing them with weapons now and carra has been quite upset by this action they consider this to be the arming of terrorists now at this point we do have a statement from james mattis confirming that he believes there are legitimate security concerns on turkeys part about these Kurdish Forces that have been armed by the United States will continue to work with and there is of disagreements which is how do we take them on as he was rapidly as possible they have a legitimate security concern and we do not dismiss one bits of them now there has been escalating tension between the United States and turkey especially in the aftermath of an announcement from the United States that it intended to create a thirty thousand Strong Border force to protect syrias border with turkey now u. S. Leaders backtracked from those comments but that hasnt stopped turkey from being quite upset by these remarks now weve recently seen the beginning of Operation Olive Branch and this is Turkish Forces moving into syria to fight against the kurds two allies of the United States clashing with each other in syria as the tensions escalate were even hearing calls to rename the street on which the u. S. Embassy in turkeys capital is located there are calls to rename the street olive branch after Operation Olive Branch the Turkish Operation to go into syria and fight against the Kurdish Forces armed by the United States there seems to be quite a bit of contradiction in the words and statements of u. S. Leaders and there seems. To be rising tension between all three parties the usa turkey and the Kurdish Forces. Was kind of brought up there the rift between turkey and the us could deepen further over the region in Northern Syria bridge which turkey is targeting in the next part of its military operation currently u. S. Troops are stationed there and its opening up the possibility of a direct confrontation we asked middle east expert Ahmed Al Gore where this might lead. Now the big elephant in the room is members and thats why they invited states is still on the ground they do have troops and in that case if they do not withdraw the troops and advisers from this region then ankara says that recently the president here threatens that hes going to go ahead with this operation in member in case this happens i think there will be a kind of military standoff and that could lead to more tension if not a military stand off between the United States and that could lead to a major escalation to more. On the ground that would lead to more alinea ating and more isolating of the United States. Facebook and google are at risk of losing one of the worlds biggest advertisers if they fail to improve news transparency and tackling stream isnt on their platforms Consumer Products giant unilever which makes some of the biggest brands in food and cleaning products made the threat of a tech conference on monday but the anglo dutch firms or even quarter itself in the past with its own misjudged marketing has done your content explains so news different facebook is again in the firing line having faced pressure from governments and activists over failing to root out speech racism fake news divisive comments and whatnot this time
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