Two billion pounds a year in the u. K. Also according to the same report automatic numberplate recognition or a p. R. Remains one of the largest nonmilitary databases in the u. K. Its scope is approximately nine thousand cameras that capture up to forty million pieces of data numberplates a day and up to twenty billion of those records are held the length of time for data storage is more than anywhere else in europe just as if youre going to r. T. London. And time now for a quick pause for the promotional cause but stick around because when we return we talk market meltdown and Exotic Products and some related problems with the executive director of the Healthy Markets associate and tyler gold lash as we go to break the Consumer Price index for january rose half a percent higher than expected but u. S. Markets mainly stayed in positive territory here are those numbers at the closing bell. And twenty four to you know bloody revolution to correct the demonstrations going from being relatively peaceful political protests to be creasing the violent revolution is always spontaneous or is it you know or here i mean you know i live with to do it with him in the new bill is that im the new school in the middle of the former ukrainian president recalls the events of twenty fourteen. Those who took part in this today over five billion dollars to assist ukraine in these and other goals that will ensure a secure and prosperous and democratic. Led political blogs selling you on the idea that dropping bombs brings police to the Chicken Hawks forcing you to fight the battles that will. Produce talks try to tell you that its not because of the public by file for the most important day. Off the bad guys and telling you are not cool enough to buy their products. Are the hawks that we along with our audience will watch. Palestine is Getting International recognition with the help of israel at least in the world of zoos. Dismiss it if you like and. This is my complicity is going to sunday i mean. You tell me. The only palestinians who gets the most help from this to restore the county i dont think it is and of those who are on the vision theyre going to do this. And thats not just you have to this lady is the most of it you have i dont know if you competed in the dozens you know dylan. In Guatemala Police have arrested former president alviro cologne and nine members of his former cabinet for alleged fraud and embezzlement as president approved payment of thirty five Million Dollars to the private association bartz Bus Companies to develop the bus system in Guatemala City the Guatemalan Attorney general working with an outside u. N. Sponsored anticorruption groups says more than a third of the funds were misspent ironically the organization of american states oas recently appointed the former president coloma the same fellow to stabilize an anticorruption unit in honduras increasingly brazen corruption has been rampant in honduras since the u. S. Backed coup against the democratically elected president in two thousand and nine among colognes codefendant is former finance minister one Alberto Fuentes night now chairman of the British Charity Oxfam International and oxfam is already under scrutiny for their alleged misconduct. The boom and bust cycle has hit the u. S. Craft beer market as sales begin to slow down but a crimp for brewers could be a catastrophe for hop growers after eight years of double digit Growth Growth in craft beer sales hop growers in the u. S. And abroad invested heavily in increased production trying to meet demand for hot varieties think of all those super happy i. P. A. As you see it the in the beer cases promising strong flavors like youve never tasted the fall of the craft beer sales has already caused enough of a drop in demand to cut prices for some varieties and a half or more on exchanges in even some notable traders have declared bankruptcy the u. S. Department of agriculture has met has measured the hoppe glut they say inventories rose fifteen percent just a few months ago with growers holding sixty five percent an all time high i say this news calls for i dont know a drink. Have the markets more to the point where it has some wondering if the Financial Products available to investors are suitable for individuals for a mom and pop investors and Institutional Investors and if those products are actually working in tandem with markets for the benefit of all here to discuss is someone who has spent many years looking at markets and some of the problems with them tyler glad to have director of Healthy Markets Association Mr glass worked in the senate for a number of years the investigation subcommittee which oversaw market could torsion the two thousand and he works professional staff member at the u. S. Securities and Exchange Commission plus is an attorney so hes a triple or quadruple threat to try to keep track of tyler welcome thank you for being with us thanks for so what do you make of these market moves weve seen in the last in recent days last week or so yes. I think were all trying to figure out what makes sense i mean one of the things i think weve seen is six hundred points in a day is a is a lot. And when youre talking about the largest point drop in history you have to get Pay Attention weve seen a four point six drop in one day five point two percent drop over a week thats a lot and its a lot to digest and one of the things i think were seeing now is the era of speculation and its not all that different from two thousand and ten when we had a flash crash and theres a lot of speculation what happened but we do know we know that some things work we know right now that we have some Financial Products seem to have been at the heart of it we know there seemed to be volatility products that were at the heart of it we also know that we didnt see some things we didnt see stub quotes we didnt see a bunch of broken trades we didnt see some of the things that did happen in the flash crash we didnt see huge delays in the tape in the field order book yet so whats whats really interesting is some post flash crash reform squarely have helped. But what we also are seeing is we still dont know whats going on we still dont know whos doing what and we dont see how the markets are interacting what we do know is that were seeing a lot of one hundred point drop in a day lets im going to take take these one at a time you have to so many things that are interesting but so you talk about that sixteen hundred drop now it was six it didnt end up at sixteen hundred a day dont know what it up eleven seventy five i think that day or may that was the ten thirty today but it ended up a around a thousand or a little bit more but it dropped the move to sixteen hundred as your six hundred points is your your contention i mean correct yes so so my question is you know years ago after when you were at the commission to the f. C. C. We tried to harmonize these Circuit Breakers and that is a place where the market takes at first a pause then another pause then another pause if the markets move down a certain percentage and then. There is a time at which markets stop trading for the day is sixteen hundred points in a day something that needs to we need to reevaluate whether or not these Circuit Breakers are calibrated correctly yeah well i think it raises certainly a question i think it also raises questions again how the different Financial Products interact you know you were obviously with the experience of the c. F. D. Sea at the s. C. C. When you have an Index Futures leading into individual activities which is what we saw then in some of the things were seeing now you really have to wonder how those things are fitting together for Market Participants or seamlessly traded for the regulators theyre not seen lessly overseen in terms of the how the Circuit Breakers are working you know a lot of things its based off of percentages and one of the things we have to come to grips with is and i gulp when i say this is an eleven hundred seventy five point day is no longer a ten percent day and so its a its a four point six percent is that a big change absolutely is that something we have to worry about absolutely. But i think as the numbers. Larger the percentages get smaller ok lets get into some of these products that youre referring to so Exchange Traded funds that really came about twenty five little more years ago were pretty good invention most people would agree in that theyre trying to track like the s. And p. Five hundred or track the price of oil its a basket. Of products theyll try to mimic that so if youre a mom and pop investor you dont have to be in to ten different stocks to track tax for example. Pretty good most people would agree but now they have these things that youre referring to these leveraged Exchange Traded funds and then these crazy things called inverse e. T. F. So whats the problem with there two and three times its like a crazy casino right where you can lose two and three times what youve put in why are those potentially problematic well i think we have to look at Financial Products generally and this isnt just an issue for the c. F. T. C. And bitcoin for example where its also come into play on Bitcoin Futures whats a Financial Product look like were seeing it here on things like whats a volatility product you know the volatile the vix was created to help the pricing of the losses the volatility index is traded at the chicago board. A lot of people call it the fear gauge so anyway the vix so that so the vix is created in the eightys and really launched in the ninetys is something to to measure and help for pricing of options and originally one hundred stocks and then it gets expanded to the five hundred it was never created as an Investment Vehicle now its actually been in a Financial Product and what we dont really have is a system where the regulators take a step back and this is at the see if you see where the f. C. C. And say why are we here why does this product exist what are the risks for investors and the way i would describe it is a really accurately describes timebomb might get s. E. C. Approval thats not a great Investment Vehicle for both Retail Investors or a Large Pension Fund or frankly anybody well look when you were at the a c c you work with commissioner kara stein and you know you gave the f. C. C. And my agency a hard time when you worked in the senate and thank you for doing so but you were pretty. Powerful on talking about protecting investors mom and pop investors do you think that the f. C. C. Ultimately even though i got your time by analogy. I might look at classifying these leverage and inverse e. T. F. In a different way than just any run of the mill product are they going to let it go yet so i think in some respects the there is a lot of water already under the bridge and i think over the last several years theres been a lot of Financial Products that have been like go by the agency i think there is actually a renewed interest and i credit chairman clayton and his and his colleagues hes got a full commission to look at these issues and i actually believe they are looking at how they can do their best to protect investors and i think that thats going to be reconsidering some of the water thats already gone under the bridge and saying look we are here as the investors advocate we have a protection job to do and i think i believe that theyre going to be doing it and you said the key word there job at the s. C. C. And they know it well but to remind our viewers is to protect investors its not about protecting the wealthiest among us but you are the executive director of the Healthy Markets association youve been a Public Servant we thank you for that we thank you for spending time with us thank you for shit. And before we go according to reports from nestles the candy maker indias pet population the pet population is up to nineteen million in the country thats up from seven million just twelve years ago why would the Candy Company nestle be tracking this number because besides making candy nestle and competitor mars both also make you guessed it bet food nestle owns purina and mars all markets the pedigree brand both corporations are now competing with local companies and other multinationals to feed those millions of hungry cats and dogs according to the Financial Times over the past few years pet Care Products sales have been growing at an average rate of twelve percent each year euro monitor says pet Care Products sales are up almost two hundred eighty eight Million Dollars last year alone up from around ninety eight Million Dollars just five years earlier in two thousand and twelve i wonder if they have a curry flavored gravy train. On a programming note tomorrow night tosh a sweet reports from los angeles on who is making money from all that surveillance weve been discussing today plus will discuss oil and gasoline prices in light of the recent price drops and well get more on Digital Currencies from the Bitcoin Queen of switzerland all thats coming up next time but thats it for today thanks for watching be sure to catch boom bust on you tube you tube dot com slash boom bust r. T. See you again. Soon most losing the moves but. Just music to stay in the room with them which is this is. A. Little bit some of it is just almost trying to. Comfort them for us to gather some of them know. What politicians to do something to. Put themselves on the line to get accepted or rejected. So when you want to express. Some want to reach out. To the right to be close this is what the full story of the people that im interested in the lives. If off to mars and Coalition Negotiations germanys two largest parties have provisionally agreed on a compromise that may yet fall through all of these difficulties a sign of something major going wrong in german politics the birthing pangs of the countrys fourth from coalition. In america a College Degree requires a great deal. Paying a decades long debt. Studying so hard it requires strong. Going through humiliation to enter an elite society. And paci to dance sometimes quite literally. Want other true colors of universities in the us. That just. So over there i want to do things that show you very soon we will be very clear. The way your. Management. And they are they they are what they have and they have. Given you need to feel that you need. Some yeah and then what do you how much. Do you. Mean that within those you still want to talk more next time. You know they dont know. Headlining this hour one of the deadliest campus shootings in u. S. History seventeen people are dead and around a dozen injured at a high school in florida. And other news this hour the British Government accused of turning its back on interpreters who helped its military in afghanistan we speak exclusively to one whose asylum deal has been rejected. And a u. S. T. V. Network releases a vast database of tweets allegedly used by moscow to influence the twenty sixteen president ial election even though some a scathing of russia praise and criticism. From the news team here at the international. Update first off another School Massacre in the United States this time at a high school in florida seventeen people are dead and at least a dozen others are reported injured video emerged online which seems to be from one of the classrooms while the attack was underway please be warned though that it does contain upsetting scenes. I guess. As the shots rang out inside the school in the city of parkland panic students were seen running to safety this video was taken while the gunman was still on the attack its understood the killer set off a fire alarm to draw people into the open because as many injuries as possible armed officers rapidly swarmed the campus before leading pupils and staff to safety. The vision to take a quick. Thinking wish pictures from the scene show the distress of those who are touched by the tragedy heres how the story unfolded. We saw my dead body there on the floor and do i know it on the floors how many people like five on the third floor. It look like students there was one teacher and four students. So they do pull the fire drill we want to side boom boom boom boom where is gunshot i doze firecrackers but other to lash out like oh you. Know like coming in bringing a gun to shoot at you like started taking a family i love you we never know why he gets shot or killed. I want to start out by saying this is catastrophic. And on believe it we catastrophic game for our county history its devastating im sick to my stomach. The deadly shooting took place. At the moderate Stoneman Douglas high school in the city of popular and it was named the safest city in florida last year and one of the safest in the whole of the United States police have detained a suspect and identified him as Nicholas Cruz hes a nineteen year old former student of the school who was expelled for disciplinary regions and he said that he was armed with a semiautomatic rifle and multiple magazines. Students at the high school in paul clinton describe the suspect as troubled some even said he looked like a Future School shooter others say he was a firearms enthusiastic in his free time. And its now believed that Nicholas Cruz had to instagram accounts which have since been deleted plenty of the pictures showing with weapons former Police Officer dominic says that the suspects Mental Health should be questioned not gun control policies this is an ultimate cry for attention and id like to see the media for the first time not look at this is a gun issue and to shy away from the anatomy object or or start to start to look away from why or how these individuals are getting the guns and start looking at the intent behind it why are they doing this whats the Mental Health of this person whats their personal individual issue if theres one thing that we do know its been proven time and time again that the gun itself does not do any damage but the issue is the person behind it their intent their motives their means the us has a long history of School Shootings that have been two hundred seventy five incidents since twenty thirteen thats an average of nearly one a week eighteen shootings have been reported in school so far this year alone heres a look at some of the most serious cases in the last decade. So over three hundred million guns is enough for every person in the United States to have a gun its insane and you know we license cars you cant just get in a car and drive it but you can get a gun and shoot it you know need any training you dont need any licensing. And a lot of states now you can carry them. Undercover illegally theres a lot of nutty miss in this country about how guns make you safer. And they evidence is all to the contrary. So the news now the British Governments being accused of turning its back on interpreters who helped its military in afghanistan many have received Death Threats from the taliban and say they cant remain in their homeland only boy who spoke exclusively to an afghan interpreter whos facing his final bid for asylum in the u. K. They only to give me the notice for deportation they told me that you have to leave the country so theyre going to send me where. I will dip and differently because of abdul that he was a front line in tap for seven British Forces in afghanistan from two thousand and eight to two thousand and ten and i know that if i joined the British Forces it would be a great test for me but i have to do that because our country was. Situation in our country was very bad so i have to help the International Forces to protect other countries so they came to my country to protect us so why should i not hoping that working with u. K. Troops made abdul a target for local Taliban Forces that i was a phone call from my from my father and a letter put on my door so we know that your son is working for the infidels so tell him to leave the job that they were still be slatted the threats soon turned to violence when the taliban grated on my family my father and my mom and my dad so on that time when that happened he was completely angry all the problems happened to me just because of you creating problems for us with his and his familys lives in danger abdul was forced to flee i did i had enough time to go and see this for protection or Something Like that on it was for me one choice to leave the country he came to britain illegally through cali and applied for asylum on the very first day since then the home office has rejected his initial application and his appeal the government says its safe to return to kabul where he says his life is in danger that was. Ours and justice. Because when i heard i helped the British Forces in a very risky time but at the moment i am at risk i need help but they still ignoring me. As an Asylum Seeker abdul cant walk and this is the modest accommodation that the government provides for him he also gets thirty five pounds a week in Living Expenses and he has the constant threat of deportation looming over him there around a thousand afghan interpreters that worked with British Forces around four hundred of them have been given you k b ss which means abdul is one of around six hundred who havent qualified the system has been described as unfair and a lot a lot abduls best friend how much managed to win hash much applied for his visa while still in afghanistan and after a two year wait he was brought over to the u. K. Under the governments official afghan interpreter scheme do you feel guilty sometimes that you got the visa and didnt buy one visa for everything to those who spend time over the telephone isnt that seventy per cent you know going to be almost all it will be able to be youre searching for people. That they were good. For me. But need before so. If you want to get back in afghanistan abdul was a professional boxer he cant compete in the u. K. Because he doesnt have a work permit but he can still train since i came here he can do nothing to staying at home going out sometimes they keep him busy with my turnings you googled market woman so you may be. Told you would be. Overcharging. For the work that the world. Should be told me but i have a full. View of the the world. The people will trust the rules and you. Will be above your all abdul can do now is wait for his final appeal against deportation to be considered by the home Office Problem turf either in afghanistan. Or the same cost there was a
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