Fuel subsidies to me. And the u. S. State Department Approves the sale of millions of dollars worth of missiles to ukraine the country proving to be a rich source of. Intrigue for washington. Around the clock across the world this is your r. T. International from the team. Alone welcome. North koreas top Nuclear Negotiator talks with the u. S. Have broken down just hours after they started. We are disappointed that the United States has not put anything on the negotiating table now the responsibility for the continuation of the talks lies with the u. S. But it was the 1st meeting between delegations from the 2 countries since donald trump and kim jong un met in the middle between the 2 koreas in june ahead of this weekends field talks u. S. Secretary of state mike pump said there was still a lot of work to be done to build trust and improve relations the meeting was perhaps ill fated from the off the day it was north korea test a submarine launch Nuclear Capable missile the pentagon then fired its own Intercontinental Ballistic Missile in response the u. S. Is yet to comment on the breakdown of talks. Will have to see if we can go live to political analysts under a full check for more on todays development on 3 always good to see you kelly i put it to you what sort of concessions was north korea hoping for from the u. S. Side is it likely that washingtons negotiators did turn up empty handed as pyongyang suggests. Its very likely yes earned actually what the north korea all expects always expect that this lifting of sanctions against well against. Its very reasonable it should demand do considering that north korea never attacked anybody and definitely doesnt pose much to to anybody in the region i met. North korean officials in the past and these who saw that were reasonable about this about their brands so i think that. Precisely what you pointed out. All these developments a lifting of the sanctions north america is not willing to the United States is not willing to even the go shed on this other points not predictable was it andrea that these talks would collapse given that well neither side really seems to be willing to budge perhaps more than the other as youre suggesting. Publicised they are but it be like the goal of i dont. Understand the war except for the p. R. Avoid these meetings and they go she should take place because at this obvious ones that are now that they will end of. This way and if you look at the u. S. Negotiation that creates. A sin so that all came to power of if basically any country of the world the never achieved anything it will be north korea be china but of or of any other country it doesnt seem to the u. S. Is really evolving to make any compromises if only of partner or ahead of me how embarrassing will this be for the trumpet ministration of the meeting ended so abruptly you know he went from little rocket man to saying we could have travel and resorts in north korea and im going to talk talk talk of not happening no. It talks a lot and. I dont again i dont think he actually expected any but it through i think again he has to show some of our. Accountability is to show some of our initiative of before the election as to obviously later well look we try to of course we cannot get that i think of these guys to be lost could he or anyone else so i think your heart. Thanks so much for your input this are always good to speak youre under of all check political analyst thank you so much. Ok lets move the program will no french teach charism prosecutors have said they suspect the perpetrator of thursdays deadly night from page a participatory station of adhering to an extreme interpretation of islam. Is of the investigation has revealed the perpetrator was in contact with several individuals likely to belong to the salafist an islamist movements in addition testimony indicates that he did hear to a radical vision of islam this knife attack was a catastrophe that shook paris to its core saillant was a 45 year old michael harp and who had worked at a Police Station for 15 years and all that time the police who are tasked with preventing such attacks had no suspicions that harping would kill 4 of his colleagues with a knife he smuggled in. I. What exactly are the authorities actually saying about the attackers motives well antiterrorism prosecutors are currently handling this case and they still dont have enough information to pin down the the assailants motivations exactly but they did reveal that the assailant converted to islam 18 months prior to the attack now of course the Authorities Say that thats not an automatic sign of radicalization but theres other information they also revealed that he had a radical vision of islam and was also in communication with solid islamicists which of course is enough to keep terrorist motivations on the table in considering the situation but so far the police havent found any evidence as to anything pointing towards religion. Motives after they searched his house in the suburbs of paris talking with some of the details 45 i think you said. What else do we know about the attackers. Well his wife was arrested after he was shot dead in the Police Station after the murder and she told authorities that harper was actually acting deranged and was hearing voices in his head the night before this attack took place that have something to do with his motivations of course maybe but so far the authorities havent connected all the dots to say for sure. To decide if america were ecuador has been shaken by another wave of violent protests after a state of emergency was declared on thursday demonstrations began over the governments decision to end fuel subsidies which is expected to cause prices of petrol and diesel to more than double. I. Transport workers have been leading a nationwide strike and the president is using Emergency Powers to the ploy troops in an attempt to maintain order but there have been scenes of chaos as Police Clashed with protesters and we also know theres been at least 350 arrests. Well the fuel subsidies cost the government more than a 1000000000. 00 theres no chance theyll be reinstated its all part of the president s plan to cut public spending to meet the terms of an i. M. F. Agreed to march. Taking a deeper look at the impact it is having. The i. M. F. Is the generous dessie and open handed and giving and seeing whenever a countrys economy is in grave need my immediate priority for the i. M. F. Is to help members minimize the risk of crises we focus on job creation we focus on productivity we focus on stability stability actually will be my my my key focus is to build strong key quality means so people fly through broad except far too often when they stayed places its trust in the i. M. F. It ends up in scenes like these. People like like ours sure scrooges i dont know the facts she doesnt suit the charts or sells. The last pictures we showed you are from ecuador a country that proves that the i. M. F. Does business the same way on both sides of the atlantic at the expense of the people the ecuadorian administration reached a 4 point 2000000000. 00 deal with the fund in exchange for a forms abiding by its trusted playbook the i. M. F. Marketed it in a non surprise fashion achieving their own last fiscal position is at the core of the Authorities Programme which will be supported by a 3 year extended arrangement from the i. M. F. Well ive already kind of spoiled to you how this has turned out so far in turmoil in the streets and the state of emergency the authorities have voluntarily renounced their right to choose they must follow through with the tax to. Form stripped the citizens of some Labor Protections and cause fuel prices to double measures wildly unpopular among the people well but these are the commandments of the sect of a stereotype and like with any cult its easy to get in not to get out in 2002 the president of malawi a nation in africa said that the i. M. F. Had forced them to sell the countrys strategic grain reserves they did and as a result millions of people were exposed to famine when the drought hit something the i. M. F. Outright refused to accept any responsibility for the causes of Food Shortages in malawi are complex including lapses in the governments Early Warning systems distortions in domestic markets and mismanagement of food reserves in more recent cases the i am of bailout programs for italy greece ireland and portugal ignited europe wide and to your stereo to Movement Just when people realised that in reality the money comes not from the i. M. F. But from their wallets in ecuador just over 20 percent of the population support the reforms that came until with the funds billions because the i. M. F. Is a robin hood who got it all wrong and now gives to the rich and takes from the poor the i. M. F. Is given a credit to our country is under certain conditions on the. Day they control the economy and theyre going to go on which is about the goal of the i. M. F. What they are really following this right to open the economy of whether just to make the. Ecuadorian people in the future going to get access to a different kind of private services that they dig out but the thing is was the cause of this going off to ration of the economy and it and they are doing that we know theyre going to increase inflation we know theyve been increased Unemployment Rate at the moment but in theory yes in theory back with all of the future. Going to be an economy simulator like us they go to real mexican economy lets say by the way usually with. The cost to reach and thats going to be. Billionaires shouldnt exist of all the people nodding in agreement with that statement from u. S. President ial hopeful Bernie Sanders is mega rich facebook founder Mark Zuckerberg sanders also say the wealth inequality is only to have control but despite a surprising admission from zuckerberg the worlds 5th richest person not all of the super rich are on board and willing to give up their in the trees some are even suggesting theyre part of. Minority here shortys. Billionaires pretty much rule the United States the president himself is a billionaire but apparently hes the most threatened and bullied man in the country he has turned american diplomacy into a cheap extortion racket lets be honest donald trump is a loser count all his failed businesses cares about exactly one person and that one person is named donald trump im sorry. That youre a terrible president. Well perhaps but the bullying of donald trump has very little to do with him being a billionaire billionaires almost live in a parallel universe with elite parties private jets and Little Islands that they own but apparently some billionaires feel like they are a persecuted minority its the ordinary people that are persecuting them led by a boogie man named Bernie Sanders. Millionaires billionaires billionaire billionaire killian as billionaire i am not a billionaire due to all that class hatred incited by Bernie Sanders the rich are forced to hide in fancy restaurants and the studio of the Fox News Channel so longer say for them to roam the streets with commoners lets go back to Bernie Sanders for a minute when were having a standard here what the hell has he done its aspirational i didnt start with anything just penalize everyone thats done well now Steve Schwarzman the founder of blackstone says that the treatment of billionaires in the United States is starting to resemble the treatment of the jews in nazi germany seriously he actually said this its the wall its like when hitler invaded poland in 1939 and hes not the only one its a rising trend if you go back to 1933 we did from woods this is what hitler was saying in germany you dont survive as a society if you encourage and thrive on and view it genesee the wealthy t. V. Preacher Kenneth Copeland has also reported suffering at the hands of the not so wealthy or a huge fire lines you cant manage that today right this dont feel old world right get in an air get in alone too with a bunch of demons so the gap between the rich and poor in america has reached its peak in half a century so do you think that billionaires are really an oppressed minority we decided to ask new yorkers what they think thats a joke right oppressed. Not. Oh malcolm you approach minority women in a world where i dont think they should be hated they didnt get that way well most people did a really successful got that way because they worked off they have enough money so they can protect themselves dont believe in demonizing the successful i mean there are a majority of them have created a product or service ness or result of. The good work that theyve done theirs is their success so i dont demonize them for being successful now this notion that the rich are somehow mistreated by society is certainly not new the cold war novelist and philosopher i know rand wrote an entire book called Atlas Shrugged it was about how the rich of the world go on strike against the ungrateful rabble who levy taxes against them but average americans just dont buy the argument seems that when the ultra rich claim the world has been unfair to them they dont really know what fair means kaleb up and r. T. New york coming up protestors in hong kong have to find a bollmann face minus their anti beijing Campaign Continues more involved after this short break. So what weve got to do is identify the threats that we have its crazy. Let it be an arms race. Theory Dramatic Development only mostly exist i dont see how that strategy will be successful very critical time to sit down and talk. Join me every thursday on the alex im unsure when ill be speaking to guests of the world of politics or business im sure. Ill see of. The entire proposition financialization because without a baseline to value risk and to value time you have no basis to value this financial eyes post industrial economy whatsoever its all basically a guessing game. Hello again the impeachment inquiry into donald trump over his phone call with the leader of ukraine seen white house official subpoena over the u. S. President s contacts with kiev the democrats spearheading the probe say mr trump has left him with no other option as for u. S. Military aid which plays an Important Role in the old scandal the u. S. State department this week approved the sale of nearly 40000000. 00 worth of anti tank weapons to keep the 150. 00 javelin missiles come on top of the. The 200. 00 sold to the country last year our Senior Correspondent has the of takes a look now at how ukraine has turned into a gold mine for the us. At 1st sight you wouldnt take ukraine for a land of opportunity unless youre into peddling weapons the javelin system will help ukraine build its long term defense capacity to defend its sober instance oratorial integrity in order to meet its National Defense requirements now aint that just the American Dream selling weapons to a nation that can barely afford to keep itself warm in the winter and not just any weapons the javelin by far the most expensive and its class more than 200000. 00 for the launcher and a rocket was uneasy though it took a concentrated push by arms manufacturers lobbyists and politicians to overturn a ban on Lethal Weapon sales to ukraine and this man this man was at the center of it the significance of this is that we lifted the old bombing your arms did provide antitank weapons. And now were prepared to treat ukraine like any other normal country which it is just look at his face doesnt it radiate honesty and empathy but appearances can be deceptive curt was naughty curt had a little side gig going on that was all hush hush the side from representing trump in ukraine he also worked for b. G. Are huge and powerful lobbying group which surprise lobbies for a theatre the company that manufactures javelin missiles and will make millions by selling them to ukraine kurt unfortunately resigned in september aside from the whole potentially corrupt. Thing with b g r and great he was also embroiled in the trump ukraine scandal speaking of which trump has recently put on hold almost 400000000. 00 in military aid to ukraine it leaves out. A scheme to use the leverage of the presidency you use the leverage of the. Vital military assistance to a foreign nation. To provide or tame dirt on a political opponent its hard to imagine a more serious set of allegations than those contained in the complaint surely they cant all be rotten this is adam adam has a much friendlier face than kurt adams seems genuinely concerned about ukraine and last adam doesnt seem to be any better see among adams sponsors is a fellow named Igor Pasternak who makes a lot of money on military contracts with ukraine is the pasternak recently hosted a fundraiser for adam after which the congressman began all but the mounding that the u. S. Send money and arms to ukraine which would allow his generous sponsor to reel the tire Ukrainian Military just last year the m 16 project was conceived some time ago as ukrainian own forces Border Guards and National Guard we time switch to nato standards honus to you could probably film sin city 3 with characters base than these guys but even if you dont sell guns and dont get kickbacks or donations from mamas manufacturers you can still use ukraine here for example as ukraines national and t. Corruption bureau chief sit nick recorded bragging about how he helped Hillary Clinton during the 2000. In and 16 election. Not trump but i helped hillary belongs to the cohosts of politicians who comprise the huge money in the us both in the u. S. And in the entire world for runs that is sort of better oh you could definitely film sensitive 3 with these guys but the audio is real confirmed by ukraines attorney general it was missed the sit by the way who published dirt on Trumps Campaign manager in 2016 in the real last anyway but the fellow tried so what if you dont have guns to sell or elections to win what if for example daddy wants to get his young boy a nice cushy job where he didnt have to do much well ukraines the help booth john bidens son and john kerrys stepson landed executive jobs at a Ukrainian Energy company now strap yourself in hunter biden earned 50000. 00 a month 50000 in a country where the average wage is a few 100. 00 and you know what in the weird and wacky world of us politicians and i think it gave you a taste of just how wacky it is thats normal be underlying about problem here was of course hunger by receiving 50000. 00 a month from ukraine Energy Company do you think that that is evidence of corrupt behavior no people are set on. Mine 3 payments it was always a playground for america ukraine in 2013 Victoria Nuland boasted about the billions america spent supporting democracy in ukraine or meddling in its politics you pick since ukraines independence in 1901 the United States has supported ukrainians as they do democratic skills and institutions as he promotes it in participation in. Governments of which are preconditions for ukraine to achieve its european aspirations have invested over 5000000000. 00 to assist ukraine in knees and articles that will ensure a secure and prosperous and democratic train well thank you mr nuland didnt ukraine turn out great but then again look at it like an american senator you dont care that ukrainians are poor cold stressed and hopeless what you care about is that your sponsors can make money and keep the meeting to you what you care about is ukrainians helping you in elections what you care about is ukraine providing your kids with comfy little jobs that pay millions over the years and if you are an american senator well ukraine couldnt have turned out any better. Define a facemask about came into force in hong kong on saturday the emergency restrictions resulted in violent clashes on friday when protesters smashed windows and set fires it is the 4th month of violent demonstrations in the territory against beijing its a started in opposition to an extradition bill that would have the license plates be taken to Mainland China for trial though since been dropped. You have to go a fair way back into the dawn of time to remember when Interest Rates were anything worth investing in next mercs report discuss whether thats the change any. What politicians do something to. Put themselves on the line to get accepted or rejected. So when you want to be president im sure. You somehow want to be thats. What youd like to be press thats what before freedom or cant be good. Im interested in the waters about how. Things should. Go wrong up with a Little Island comes out of the cold war you get out of the set up one among what i would all im. A father after 90 they tell you not the high im i said to me how. Far. I thought the salon months when in front of the sun shone. Full of thought oh it must be a miracle a lot of the. Men that it is someone that we do bore. Max ties are this is the kaiser report we get into it like you probably are used to so if youre not used to it get ready stacey hey max well you know what we have a topic today that is right in your court and that is i know you used to be an options trader on wall street so we have some stories from the Options Market and the topsy turvy world where the black in shoals formula was supposed to get rid of risk it was supposed to help separate risk and reward this paper was published in 1983 the black initials options formula and negative rates are rewriting the rules of modern finance negative Interest Rates have quite literally broken one of the pillars of modern finance as a columnist and central bankers weigh the pros and cons of sub 0 rates and their impact on the world traders have been contending with a rather more mundane fundamental issue how to price risk on trillions of dollars of Financial Instruments like Interest Rate swaps when their complex mathematical models simply dont work. Right now the black themselves model didnt get rid of risk that separated risk from reward so i make the analogy to the atomic weapons or the atomic power or the whole idea of einsteins discovery that energy equals mass and by understanding that you could create an atomic weapon that was based on a fusion exciter oh so in the financial world. The black controls model basically pried open risk and reward and you could trade risk separately so in the Options Market which followed only 10 years after the us you can trade an option that has no Intrinsic Value at all just has implied value based on. Time to time value plus. The volatility or big