any risk believes the latest move by the pentagon is time to mount to an admission of failure afghanistan. seem some horrific attacks launched by the tyler taliban and by isis which have now begun to target kabul the afghani capital previously we saw that they know there were attacks by these extremist groups but they won't focus so much on kabul kabul was considered to be relatively secure what we've seen now is that even the capital is no longer secure so a lot of these failures in this who are u.s. war i think that the pentagon burned basically or the american mistreated as a whole had no choice but to take this step to try and the heart of the reality which is going on on the ground because i think that if the american people are exposed to the real situation there will be huge amounts of popular pressure for the u.s. to begin to just cut and withdraw from that country. in the west bank u.s. officials had to flee an event in the city of bethlehem off to angry protesters stormed the building they were in lucknow. the. one that had been a business meeting actually bethlehem chamber of commerce and industry protesters arrive for the banner condemning donald trump's decision to recognize jerusalem as israel's capital after mine attractions the meeting was cut short but before leaving the building the americans were given a clear message. and the story did not send their palestinian protesters then ran out of the building and threw tomatoes at the diplomatic cars that were trying to flee the scene. and they're escaping wasn't that easy either as you can see from this video palestinians trying to gain entry into the vehicles are to support a slayer has more on what sparked all the trouble. but this is just the latest incident in a string of protests that have been taking place on the palestinian street ever since the american president donald trump made an announcement back in the beginning of december saying that he recognized jerusalem as israel's capital also on tuesday there were protests in front of the palestinian prime minister's office in the west bank city of ramallah now where they were protesting against the reduction of services being offered by the united nations relief and works agency for palestinian refugees the agency was forced to downgrade the services off to the americans announced that they were cutting millions of dollars of aid this the americans say is until to quote there is a fundamental reexamination of how the agency operates the protests anger on the palestinian street have gone as far as to enter the israeli parliament or the israeli knesset where just last week the american vice president mike pence was visiting as he stood up to speak a group of arab lawmakers who constitute the third largest faction in the israeli parliament started shouting and holding up banners with and american messages citizens of israel. before. now mike pence during his speech at the israeli parliament only further infuriated the anger that he's already here on the street by announcing that by the end of makes through the americans would be moving their embassy from tel aviv to jerusalem since president trump made that announcement on jerusalem back at the beginning of december they have been more than twelve palestinians who have been killed more than a thousand have been injured and hundreds have been a wasted so this is a situation that just won't go away and witnessing tensions continue to climb. a new russian sanctions could be on the table in washington off the release of the so-called kremlin list or on that after the break. join me every thursday i'll be all excitement sure and i'll be speaking to us of the world of politics this i'm sure. i'll see you that. we've seen that market failure many times we saw in two thousand and eight we saw it in nineteen ninety seven we saw in one nine hundred eighty seven and we're going to see it again probably in the very near future because the underlying design of this capital system has not been modified to town for changes in technology over the past fifty sixty seventy years and we keep having these catastrophic failure. welcome back the u.s. may be planning new sanctions against russia are off to the release of the so-called kremlin list this includes the names of two hundred top officials and business leaders well that's according to the u.s. treasury secretary steve mentioned who was pressed on the issue in congress now we will take the basis of that report and look at kind of as we do in the normal course where it's appropriate to put sanctions so there's no way be interpreted as we're not putting sanctions on any of the people in that report well new sanctions were expected to be announced along with the list although officials stressed no new restrictions were currently coming in. or trying to house the reaction from russia. for now the russian government won't do anything about what was called the u.s. kremlin list that's how the russian president for now made up his mind and ballots the u.s. treasury document it had to be published before the monday night deadline under the so-called countering america's adverse stories through sanctions act and so it was ten minutes before the deadline america's saying that being put on that list which includes one hundred fourteen top russian government officials as well as nearly one hundred richest businessmen doesn't mean receiving some kind of punishment so you may well ask what's the point something to do with sanctions that's not actually sanctions by the way something that i found rather amusing was the fact that the putin administration section matched the kremlin website name by name while the part about the businessman was almost identical to the forbes list of russia's richest men. no wonder the treasure list didn't come out until the last minute six months is hardly enough time to copy and paste the forbes list of russian billionaires i know personally many of the business people on this list some very close to putin some annoys some see little work was done to distinguish between these two categories i think the logic of the list is that the russian version the world's list isn't available in english ranking russian officials even had a little laugh perhaps the deputy prime minister of the dvorkovich said that washington basically released a book that you may call who's who and russian politics anyway back to vladimir putin's first public reaction to the list he said that the u.s. officials weren't doing u.s. russia relations any favor. there's still some muscle to get used to union uma i don't understand the logic behind this move but it's definitely a hostile one and further complicate u.s. russia relations our security services share intelligence that helps prevent terrorist attacks do they need this or not will we start working together or not we can do without that but i think it's in everyone's interests it would be absurd to reduce our relations to zero so while the us is considering further restrictions there's a different stance coming from the e.u. the belgian prime minister shell michel claimed the block is against new sanctions during his meeting with his russian counterpart dmitri medvedev. sanctions are not the end goal dialogue is the key and i would like to highlight the you has made a decision not to support the strengthening of restrictions. we garnered reaction from two political analysts who told us the kremlin list is much ado about nothing . i don't think you have much of the fact at all the thirty thing i think it's the white house telling congress they passed this law to try to keep the pressure up on russia this concern about the last election and doing this list seems to have very little purpose other than just filling a legal minimum i don't know if it will really damage any u.s. russian ties it seems that trump is not certainly trying to make it any worse the situation already is it seems like he's really just trying to poke a lot of this goes away and bring it all to a speedy end people look at it and i think and say this is a piece of lazy intelligence you've worked really taken a who's who of who's the rich and powerful in russia and copy down in names and it doesn't seem to have much substance to it president trump signed it off literally minutes the goal with no enthusiasm for these sanctions forward but he's under pressure though he's under pressure i say from you know the his own intelligence from the military and from the democrats and we nor that you know under pressure pressure presidents can buckle but the real question i repeat is why is russia the main threat at the moment to united states america and the west that i think the answer has to be no or. to pharmacies in the german city of frankfurt or found themselves at the center of a racial storm cute there centuries old names r.t. speech to all of our explains. what is in a name well for frankfurt council the name of two of the city's pharmacies was enough to demand that change this is one of them the example so more and it's not final part of the name that the city council here in frankfurt have a problem with it translates as the moon pharmacy now traditionally what that meant is that this was a pharmacy that would have stalked alternative medicines all medicines from the east as well as western medicine this building here you can see originates from nineteen hundred however there are campaign is that say that this type of name has no place in modern germany the reason for the complaint was that people said this using the term morrish was racist and offensive against people from north africa but we spoke to people here on the streets of frankfurt and gauge their opinion about the proposed name change i think it's a shame because it's part of maybe our culture too and it doesn't have any more to do with maybe we've. already seen we shouldn't change our traditions here on monday so you tell me if something is to be racist it has to either diminish or belittle people in this case it has more to do with recognizing cultural heritage it didn't even appear to me that you know it's offensive because it is a historic it's simply historic terminal in the pharmacy doesn't for sure doesn't use it to be to be offensive the owners of both pharmacies politely declined to appear on camera saying that the news that they were going to be forced to change their name brought nothing but unwanted publicity interestingly enough the name up a ticket or more and is much more common place in the state of north rhine-westphalia but when the integration council in that state were asked if they'd be following frankfurt. example where they said no they had far better things to be doing these are all over arty frankfurt. in barcelona supporters of the same catalan president shall as we should have on have broken through a police cordon to reach the castle and parliament. thank you thank god i. will protesters gathered to demand the reinstatement of the local governments they threatened to occupy the building and less predictable was reinstated a session on cheers day intended to reelect the former president who is postponing to guarantee his freedom and the results of the democratic elections which is a bald face is arrested in spain for his involvement in last year's illegal referendum. we'll be back in just over half an hour with the latest news but for the meantime. i. wish. i. was. level was telling you on the idea that dropping bombs brings police to the chicken hawks forcing you to fight the battles that. you socks for the tell you that the gossip the tabloid lifestyle. the author of advertising tell me you are not full enough to buy your product. all the hawks that we all that are on the watch. the release the memo moment this upon us republicans are billing it as some kind of silver bullet revealing political corruption at the highest levels of the department of justice and the democrats on the other hand and their supporters in the liberal media polity i just traction finally the public will decide. i. this is boom bust broadcasting around the world from washington d.c. i'm bart chilton. and coming up we cover president trump's first formal state of the union speech as nicholas o'donovan considers the president's year one economic report card and we discuss economic measurements like consumer confidence and markets with financial author jeffrey small plush ashley banks talks with c.e.o. of peak prosperity chris martenson about what he calls the everything bubble and before we go our way and with my take on what i hope the president will say and how he might say it all that's coming up but first let's hit some business and financial headlines amazon berkshire hathaway and j.p. morgan are partnering to create a new separate health care company to serve their employees they also say the effort will focus on the long term and will be quote free from profit making incentives and constraints analysts suggest that the high powered partnership could change the health care market amazon is the world's largest retailer and j.p. morgan chase has the most assets of any u.s. bank but the new company also faces a steep learning curve as they venture into the health care arena amazon c.e.o. jeff bezos acknowledged the challenge in his statement on the initiative saying the health care system is complex and we enter. are into this challenge open i had about the degree of difficulty shares of some health care insurance stocks fell on the news. twenty seven european union minister voted on monday to approve conditions for further brecht's the talks that state britain will not have a role in the e.u. decision making once it leaves the union or during the transition period planned to begin in march of twenty nineteen the e.u. ministers also said that britain will be subject to e.u. laws including any new laws during the transition and for two years after that u.k. bret's secretary david davis play down the announcement and claim that britain will have the right to negotiate pacts with third parties during the transition but the use lead negotiator michelle bar and yet he says the twenty the twenty seven other members must unanimously approved any such agreements u.k. prime minister theresa may faces rising discord within her conservative party as pro and anti bracks that factions jostle for influence and rival rival maneuver the to succeed may as the leader of. the federal reserve's open market committee begins two days of meetings today it's the last f o m c meeting run by outgoing chair janet yellen who is completing her four year term federal reserve governor jay powell was selected by president trump to replace yellen and the u.s. senate has confirmed him to be the new chair there are a lot of questions about what it will take not only now but this year and going forward by the federal reserve and with regard to the economy plus other central barks are charting their own course while they stick to their plans admits some signs that an economic correction is on the horizon we'll get into it all to morrow with danielle de martino booth at the f o m c wraps up. and it has been just over a year into the trump administration time now for an economic report card look at year one here with a closer look as our team is nicholas o'donovan. donald trump came into office under the promise of puts in america first on every front and obviously the economy was and still is an important part of that message and we're going to start spending here we're going to start spending. and with that being said we're going to protect our country over the past year the stock market has boomed g.d.p. growth has improved and unemployment is at an almost seventeen year low good numbers that allow trump to be optimistic hitting numbers that nobody thought possible certainly not in this time and the numbers going up are going to me watch better than anybody anticipated in fact they're going to say that trump is the opposite of an exaggerator if we take a look at the markets the dow jones has set record highs seventy times risin five thousand points in a year for the first time in history and corporate tax cuts have been met with enthusiasm by the u.s. business and financial sectors with low unemployment good paying jobs in our priority and although donald trump inherited an economy that was already on a good trajectory wage growth was actually less than what we saw in twenty sixteen despite his protectionist message more the ninety three thousand jobs were eliminated due to foreign competition since trump's election that's according to a study by the labor coalition good jobs nation these numbers are more or less in line with what we've seen in the previous five years then there's the international trade deals of the trade deals. i get a headache thinking about who made these deals another big issue has been company outsourcing trump now it has often used his populist rhetoric to make sure that his protectionist message came across we will never let the bad things happen with respect to the economy of our country we're not going to lose our businesses again like has happened over the last number of decades america is coming back bigger and better and stronger than ever before trump scored an early victory on this front when he announced that a major carrier plant would stay in the u.s. instead of moving down to mexico but the truth is that a year later carrier has already eliminated hundreds of jobs and is still outsource into mexico ford also announced that production for one of its new models is be moved out of kentucky and will be go into exist in plants in china but donald trump's tax plan may start having an impact on wage growth companies such as starbucks wal-mart could use that tax saving money to boost salaries in all donald trump has completed his first year in office with a better school card than predicted by many and consumer confidence is highest levels in seventeen years the question now is if trump's reforms will have a long term positive impact on the majority of americans nicholas o'donovan r.t. . we've seen consumer borrowing rise to some of the highest monthly gains in sixteen years due to increased consumer confidence in the economy with borrowing levels rising to nearly thirty billion dollars just last november it's still just been a month into the new year but are we on track to see a continued increase in borrowing levels and consumer confidence let's ask jeffrey small the president of arbor financial and arthur author of turning financial planning right side up geoffrey thank you for being here household credit has hit a peak of thirteen trillion dollars what do you make of all that and it's good creating debt and probably defaults right well there's no doubt defaults are rising and auto loans and credit cards but also to come besides the household debt rising thirteen trillion it's because of net worths of the average household are close to ninety seven trillion nationally here in the united states so when people feel good about their wealth they borrow more and they borrow more when they see the stock market going up thinking that that if they if those guys on wall street are so smart maybe it's ok if i spend money well there's no doubt consumer confidence is an all time high small business confidence is an all time high investor optimism is an all time high and when things are peaking people feel good from wall street to main street and we reported on this program jeffrey yesterday about the savings rate being the lowest point since december of two thousand and seven does that worry you you know it really does i'd love to see an incentive legislatively where we start to give an incentive to folks to start saving more because we have a major retirement gap from the folks that are in generation x. and in the millennial space so which which areas which do you have specific stocks that you think we should be looking at what areas for the millennial and others do you think they should be looking at for investment opportunities. well other than the obvious like the thing stocks facebook amazon that flex and google were and i want to expand the economy in a rising interest rate environment so the stock market dynamic is getting ready to significantly change even with the tax cuts so i'd be leaning more towards financials banks and insurance companies that apparently do much better in a rising rate environment and where are you on digital currencies jeffery. i'm digital currencies you know i like the blog change technology i'm not a fan of big coin until we see the f.c.c. actually decide to start regulating the cryptocurrency side of the equation i'm not a big fan i see there's a bubble just like everybody else does you know there is news and we're going to talk about it a little bit more on this program tomorrow there was another big loss at a crypto currency exchange in in japan last friday and they don't know if the money's going to be there to cover it so by also share your pessimism at some points on you know what's going on here it needs to be regulated i think although there's a future let me ask you about president trump he's obviously going to talk about the all the economic records in the the stock market highs and talk about we've got this great economy right now but just today we saw the dow drop when we went to air jeffrey three hundred twenty three points it dropped one hundred seventy seven yesterday that's the first to date triple digit loss in a year and today is the s. and p's worst one day fall in five months is this just normal market ups and downs given we've had this. record of corrected highs jeffrey or is there something more to it or bartlett's and there's not much more to it we've had fourteen straight months of record stock market growth that's never happened in one hundred forty seven years without at least one bad month or one negative month so we were really due for a pullback there's some profit taking bomb yields are rising there's pressure on health care there's a number of reasons for pulling back but valuations are a little high right now. and i agree with you you're certainly an expert and i'm not although the three hundred twenty three was a little higher than i had hoped for the second day but i think the overall thrust absolutely markets go up they go down you can't just one direction going up up up it's going to take a down jeffrey you know we're going to talk a while back on the government shutdown and ended up just being three days and two of those were on the weekend but we're going to be headed towards one again in a couple weeks here that congress has just kicked the can down the road on another government shutdown so how do you look at those the economic impact of a shutdown well the economic impact going back to the seventy's on government shutdowns mostly has been one on the markets we actually see the markets grow you know wall street and main street have a lot more common sense than the politicians and the politicians need to realize that we need to have some border security and we need to do whatever that means for our country's economic sake and the secure our people american people should come first and what about the market impact of a potential government shutdown in a couple of weeks if congress and the president don't come to some agreement on that border wall and those dhaka dreamers jeffrey well i don't think it's going to affect the stock market to be honest with you has it in the past we've actually seen the market rise it could hurt the economy longer term though if we see the shutdown go on forever but then of course there's political consequences and i don't believe that either party wants to take that road no i think they i think you're right on that jeffrey thank you so much for being with us for sure appreciate it hope you'll come back jeffrey small president of arbor financial and the author of turning financial planning right side up thanks for your time thank you. time now for a quick pause for the promotional cause but stay with us because when we return ashley banks talks with peak prosperity c.e.o. chris mortensen about what he calls the everything plus before we go i'll give you my two cents maybe a nickel on what president trump should do at his state of the union speech and as we hit the break here are those numbers again two days in a row down triple digits on the dow the numbers the closing bell right in front of you. we've seen that market failure many times we saw in two thousand and eight we saw in one nine hundred ninety seven we saw in one nine hundred eighty seven and we're going to see it again probably in the very near future because the underlying design of this capitalist system has not been modified to town for changes in technology over the past fifty sixty seventy years and we keep having these catastrophic failures. so much of. this dismal bundle of joy we would have muchos of saluting in the. one committed time but usually good business just to. every.

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