her, she continues to fight extradition from canada to the us that a veteran judge is giving the fcc a 2nd chance to go after facebook. but we'll lead the consequences over claims as a social media giant violated antitrust law. we have a lot to get to so let's get started. the collapse of a residential building near miami has resulted in at least 16 confirmed desk with nearly 150 people still unaccounted for. as search efforts continue around, the clock. lawsuits have already started to pour it was survivors accusing the condo association of knowing that such a devastating collapse was eminent and refusing to take the action to prevent it. archie is john honey is on the ground in surfside, florida with the latest well as the death toll continues to increase and sadly, i know this is grim, but that will likely be the case in the coming hours and days and even weeks ahead . but as the death toll increases the investigation into what caused the collapse of the 12 stories of the champlain tower south building, just over my shoulder behind me here, is really in its beginning stages and is

so many good people are helping us. it makes it feel very proud that we are together in casa authentic and moral hazard. and that is that if you constantly bail out the worst factors in the economy, they will act with morality. and so at the fed bid, they've got moral hazard steroids. they're rewarding the worst factors who are doing things like info and stealing hundreds of $1000000000.00. some people and just drawing their own country in the trees and the fact i argue with me go ahead, try ah, to don't to leave. you will move a toy, knew he was hurt when she gets ready to love me to see if she will grow up to the study or do i trust me to teach you control the traditional machines etc. if you see the one you need from me, please don't read for me last week with the metro. okay, shoot. i should check my notes that i was dealing with. that is what i need from the new new new which is what is the new? yes, i do see executable football was quite up when i got to pull it up on that got me imagined picking up a future textb

let us know what you think. and if you don't load or you get breaking news to your mobile devices since that happens, but for now, kevin, now one of the team signing off of a good day. ah, welcome to mac or finance or survival guide, looking forward to your message. this is what happened is the benches in britain still at the top of you watch report me make notes. certainly no borders and the blind number please emerge. we don't have authority. we go to the back seen the whole world needs to take action and be ready. not a joke. people judge, you know. 2 come crisis we can do better, we should be better. everyone is contributing each in her own way, but we also know that this crisis will not go on forever. the challenge is paid for the response has been massive. so many good people are helping us. it makes us feel very proud that we need together in imagine picking up a future textbook on the early years of the 21st century. what other chapters called gun violence school shootings, homelessness 1st, it was my jo

i think both of those are useful. they're already exist in some of these bills that are trying to move forward, but we don't know that congress will ever movies built ford. there's any mints, lobbying effort, taking place right now to prevent those bills from becoming law. now a big part of this appears just around acquisitions and mergers. like you mentioned for big tech companies, such as when facebook acquired what's up and instagram, is there actually a chance of the government being able to, for sort of a break up a big tech companies? well, it's not so much that they wouldn't break up anything from, from what my understanding is is that the belief here is not that you should make facebook now detached from instagram, at least in the way that the bills are written in the building in the house what they do is they essentially make it more expensive to go to the process of trying to acquire another company like a facebook trying to acquire and instagram or what's that. now the problem with that is that if you're a

i think both of those are useful. they're already exist in some of these bills that are trying to move forward, but we don't know that congress will ever movies, bills, ford, there's an immense lobbying effort taking place right now to prevent those bills from becoming law. now a big part of this appears just around acquisitions and mergers. like you mentioned for big tech companies, such as when facebook acquired what's up and instagram, is there actually a chance of the government being able to, for sort of a break up a big tech companies? well, it's not so much that they wouldn't break up anything from, from what my understanding is is that the belief here is not that you should make facebook now detached from instagram, at least in the way that these bills are written, the building in the house, what they do is they essentially make it more expensive to go to the process of trying to acquire another company like a facebook trying to acquire and instagram or what's up. now the problem with that is that if you're a

you'll use the i lose me. join me every thursday on the alex salmon show and i'll be speaking to guess in the world, the politic sport business. i'm show business. i'll see you then in the welcome back. not just one but 2 billionaires are set to make their debut in our space. this month, the richest man in the world, jeff bay. this is preparing for his highly anticipated take off in west texas. but he stands to come in 2nd by just 9 days to richard branson, who is preparing to take off in new mexico on sunday. and if you thought that every single thing these 2 trips do won't be compared, you would be wrong from the length of the flight, which goes to branson, to the height, which goes to be those. the battle of the billionaires is on and a brand new way. we're all still waiting to find out what kind of space tourism plan bases and blue origin will offer to travelers. but virgin galactic has already and now it's 90 minute flights for $250000.00. a ticket and branson says 600 feet have already been reserved. rac

i think both of those are useful. they're already exists in some of these bills that are trying to move forward, but we don't know that congress will ever move these bill forward. there's any mens lobbying effort taking place right now to prevent those bills from becoming law. now a big part of this appears just around acquisitions and mergers. like you mentioned for big tech companies, such as when facebook acquired what's up and instagram, is there actually a chance of the government being able to, for sort of a break up a big tech company? well, it's not so much that they wouldn't break up anything from, from what my understanding is is that the belief here is not that you should make facebook now detached from instagram, at least in the way that the bills are written, the building in the house, what they do is they essentially make it more expensive to go to the process of trying to acquire another company like a facebook trying to acquire and instagram or what's that. now the problem with that is that if you're a

s. regulations in the us label. the china is now on the defensive because there's a continuing hostility between the u. s. and china and because of these are very hot sectors, namely tech and finance, beijing is now going to become more defensive when it comes to these oversee listing requirements because they don't want an episode of if the u. s. if conditions actually to carry the u. s. this say that, hey, we can pull all of these chinese companies off the stock of the stock exchanges and that would be extremely detrimental in the long run. for all these chinese companies does more of a defensive play for now, rather than an outright fetus. certainly those tension between the 2 countries do still remain now then china's market regulator on saturdays that it would block tend to plan to merge the countries talk to video games streaming sites on anti trust grounds. what happened there? yeah, you know, we talk about this quite a bit. it seems like which is this idea of anti trust coming out of china. the chinese regul

i'm not using force and will over tesla. i don't even like running test, essentially what he said, oh, interesting to hear that one of the richest men in the world is now saying that he's not happy with his main company that you know, he's got a lot of fame for. okay, so ultimately what could happen in this case? well, a couple things could happen. one is if the judge in this case, and by the way there is no jury is just the judge is looking at it. if the judge in this case says, look, tesla made this purchased, it didn't harm tough lead to do so. and this company was as much as arguing worth more than what mosque was saying, right? been no harm, no foul, it's all fine. and the, the plaintiff is eventually, are going to not be able to go anywhere with it. if the judge looks at, it says, well, actually test i shouldn't have made this purchase, must then influence board members who also had a conflict of interest. it wasn't in the best interest of shareholders, and they did this essentially to bail him out. so they could save

i'll use enough 40 almost there. i guess if you click on that i think just for the online for me to find the most of it just took a look at it for me to get through with those who knew that belong upon the porcelain initials for this epicure. me make no certainly no borders and the blind please. we don't have authority. we go to the back seat. the whole world needs to take action and be ready. not a joke. people are judge governors crisis. we can do better, we should be better. everyone is contributing each in their own way, but we also know that this crisis will not go on forever. the challenge is paid for the response has been massive. so many good people are helping us. it makes us feel very proud that we need together new summer solutions where we focus on the solutions. not so much. the problem, stacy, right. we are joined by jeff booth author of the price of tomorrow. she won't fall soon, but he will thing a little slow, letting them go by susan. well, the girls come to go and see me when you switch to a human

us offers voting powers that are beyond their share. so founders and management team, they can actually still keep control of the company even with less than majority shares. and that is just simply not possible in china. so that was very important for ali baba to actually maintain control of the company. and then just to put it very simply, the listing in the u. s. allows a company to be deemed international. it is better to then attract international source of capital from the u. s. from europe than to list in china where you're getting only capital from a very small domestic and local pool. and christy, i want to follow up on that because there are a number of chinese tech firms that want to move ahead with ip in new york. but the real question here is we're basing allow those companies to move forward. i think they will continue to allow them on a very small scale to list in new york, but it will just make it very difficult for these companies. so rather than barring all companies from listing, they're simply enacting the c a c as a

so many good people are helping us. it makes it feel very proud that we need together in the welcome back. the construction of the north stream to pipeline is finally almost done. that's according to the projects executive director who says it is now more than 98 percent complete and should reach 100 percent by the end of august. the pipeline which is set to transport natural gas from russia. germany is expected to be fully operational by the end of this year. that's despite years of pressure from the us, including threats of sanctions against one of his closest allies, while the vitamin ministration signaled it with lift sanctions on the swiss base company behind the $11000000000.00 pipeline. back in may. the topic of finalizing the nord stream to agreement between the u. s. and germany is expected to come up with president biden and chancellor merkle hold talks in washington this week. and you can export to the european union in may, rose to their highest level since october of 2019 exports to the block had fallen at

and as us leaders openly.

that's despite years of pressure from the us, including for us of sanctions against one of his closest allies, while the vitamin ministration signaled it would lift sanctions on the swiss based company behind the $11000000000.00 pipeline. back in may, the topic of finalizing the nordstrom to agreement between the u. s. and germany is expected to come up with president biden and chancellor merkle hold talks in washington this week. and you can export to the european union in may, rose to their highest level since october of 2019 exports to the block had fallen at the start of 2021 after breakfast officially took hold. as britain left the e u single marketing customs union. the british office for national statistics said good exit boards to the you, excluding precious metals of course, wrote the $19400000000.00 in may nearly twice. what it was in january import into the u. k. from the $27.00 nation block were also up after plunging to start the year as the global pandemic effect of traffic in the english channel. so what do these numbers mean for the future of trade for an independent br

so many good people are helping us. it makes us feel very proud that we need together in the media a reflection of reality in a world transformed what will make you feel safer type relation or community you going the right way? or are you being that somewhere which direction? what is truth, watches in the world corrupted? you need to this end. the join us in the depths will remain in the shallows. i remember the great 964, a film doctor. strange love. you remember the subtitle of the film? it was how i learned to stop worrying and love the bomb. well, i have a 2021 updated subtitle. when it comes to the surveillance state, how i learned to stop worrying and love be in. tell community folks today are not feared very doors. i me i choose the welcome back girl was just hit with a 593000000 dollar fine in france because the country's anti trust watch dog says it did not follow through on orders to go sheet with news publishers. now back in april 2020, the tech giant was ordered to carry out negotiations with french news out

i mean, we have products where it used to be able to fix it. now you've got local businesses going out, going out of business, west and right. manufacturers are abusing their monopoly position of being the one who made the products. they can control the entire lifespan. what happens after it? now i do want to clarify one point because i mean, let's say that i need a battery or a screen replacement from my iphone and i take it to a local repair shop. what is currently the risk where i mean, is it going to take it out of warranty? j won't take it out of warranty. your warranty is actually protected by something called the bank mosque warranty act that says that you can do anything you want with your product as long as you have damage it. it doesn't pull the warranty. but what can happen if you put a new battery in your iphone? the i phone will show a warning saying that it was that 3rd party battery that may damage your device. it's kind of like having your oil and your car change, the jiffy lube and they can't check oil light after doing more an

and then instead he use something, what they call the force of will, but he used the force of his, of his will and his ability to influence the board to get them to make this purchase. that was not in the best interest, the tesla, so to counter about, he's like, why would i do that? i'm not using force and will over tesla. i don't even like running test, essentially what he said, oh, interesting to hear that one of the richest men in the world is now saying that he's not happy with his main company that he's got a lot of fame for. okay, so ultimately what could happen in this case? well, couple of things could happen. one is if the judge in this case, and by the way there's no jury, it's just a judge who's looking at it. if the judge in this case says, look, tesla made this purchase, it didn't harm tough lead to do so. and this company was, as almost as arguing worth more than what mosque was saying, right? been no harm, no foul, it's all fine. and the, the plaintiff is eventually going to not be able to go anywhere with it. if the judge looks at, it says, well, actually test i should

the us digital coin a us, you know, central back digital point c, b, d. c is just more of the saying fee on currency. it doesn't change anything as it affects anything. so when jerome palo sitting there looking into his computer, so it's such a nerdy way, right. and he's like, oh yeah, this will absolutely fix all the problems. we don't need stable coins, we don't need bitcoin, we don't each other. once we have the, the us back digital know we need them because we don't trust the us back to anything right now because it's worthless, it's devalued it's abuse and it's corrupt and the point, the promise, the idea behind bitcoin in the beginning, behind all crypto currencies, was a promise to break 3 from a b r system that merely declares its value to the force of the us military to the force of law enforcement and the i r s. that's all the force that we have. and by the way, one other thing, he says there will be no interest in these other coins. once the us has their own digital currency, that's a lie. the only way there will be a lack of interest is when y

i just don't use all the because it's always more use to meet the he could contribute it usually. so it should have gone. yeah. because when you go from the moment that she is not a monumental charged look on the air. welcome back. it has been a wild year in the world of 1000000000 air back private space enterprise and things are just heating up. we've talked at length about richard branson in virgin galactic, completing the 1st space tourism flight carrying civilian just last sunday and coming up next week, amazon founder jeff bade. those will make history with his company blue origin. if all goes well, bases and his brother mark, along with 2 other passengers, will be the world's 1st all civilian crew to complete a sub orbital flight on an unpopulated spacecraft. on tuesday, the civilian crew will take an 11 minute journey in the fully automated new shepherd rocket, launching them 100 kilometers into the air before returning to earth in a capital supported by parachute. so just how hot can the private space race get? well, to discuss, let's bring an air tangle. he's an adjunct p

but at some point to kind of come back to, to bite us. you know, what happens if the velocity is suddenly reverses directions and economic growth, you know, just start soaring. you know, it's a fed have the tools to soft us excess liquidity. i mean, that's the question. i think the answer is both. they don't have the tools and they don't have the incentive to do it. that's a problem. and jeffrey, i mean to, to your point there, the housing crisis have skyrocketed and yet admitted she has concern. it will impact low income families. but there is very little talk of pulling back those policies that you're talking about. mortgage backed securities, low interest rates that are keeping those mortgage rates so low. i mean, obviously i would imagine you believe that it is time to pull that policy back in and do something, but why would they keep moving in this direction? your other friends can simply come on the growth in the negative direction. again, i mean the, everything is a big balancing act for the fed right now. you know, they want, they

but at some point to kind of come back to bite us. you know, what happens if the velocity is suddenly reverses directions and economic growth, you know, just start soaring. you know, it's a fed have the tools to soft us excess liquidity. i mean, that's the question. i think the answer is both. they don't have the tools and they don't have the incentive to do it. that's a problem. in jeffrey, i mean by to your point there, the housing crisis have skyrocketed and yelling admitted she is concerned. it will impact low income families. but there is very little talk of pulling back those policies that you're talking about. mortgage backed securities, low interest rate that are keeping those mortgage rates so low. i mean, obviously i would imagine you believe that it is time to pull that policy back in and do something, but why would they keep moving in this direction? your other friends can simply come on the growth in the negative direction. again, i mean the, everything is a big balancing act for the fed right now. you know, they want, th

but at some point to kinda come back to bite us. you know, what happens if, if velocity suddenly reverses directions and economic growth, you know, just start, sorry, you know, it's the fed have the tools to soft us excess liquidity. i mean, that's the question. i think the answer is both. they don't have the tools and they don't have the incentive to do it. that's the problem. in jeffrey, i mean, but to your point there, the housing crisis have skyrocketed and yelling admitted she has concern. it will impact low income families. but there is very little talk of pulling back those policies that you're talking about. mortgage backed securities, low interest rates that are keeping those mortgage rates so low. i mean, obviously i would imagine you believe that it is time to pull that policy back in and do something, but why would they keep moving in this direction? your other friends can typically on the growth in the negative direction. again, i mean the, everything is a big balancing act for the fed right now. you know, they want, th

it will impact more than $2500.00 us registered airlines. and more than 9300 planes worldwide, the agency has yet to say what it believes cause the issue in the 1st place. time now for a quick break, but when we come back as a place, very pressure is continue to mount global market. our mix. we'll take a look at how equity shook out for the week as we're going to break here. the numbers of clothes me ah ah ah ah, ah. a. ready ready launch crunch class enough. i often saw it said it was just the culture blue book. truly the new phones, the board the because it's always more use to meet the teacher could contribute usually. so would you practice and gone? yeah. cuz really knew from the moment that she's in the car is not a monumental chopsticks on the look on top of the global equities are once again mix for the week of mid inflationary pressure and a whole host of new economic data. we start in russia where the mo, x is down ahead of central bank meetings next week, where it is expected to raise interest rates for the 4th time this year. mean

it was nice with those who knew all along plenty porcelain initials give us a peculiar use. ok . so maybe people go to the station and destruction. major cleanup operation is underway, along with intense search and rescue efforts following torrential rain and deadly flooding in germany and belgium. more than 100 people are dead, many more remained missing. go with lands the sicilian region of italy, poverty crisis, until 30 is worn and changing seasons will be even more challenging for local communities. the u. s. accuses russia and china running smear campaigns against western bank things, but that says washington issues war warnings about saw defects of his own gems. him someone who suffered severe.

but in most cases, it seems to be used by those countries. so india is one of the big offenders on this list. we're present. mowdy has prime minister modi excuse me, has taken this company, worked with them, been able to gather information on political enemies. and it's happening again in many different places. the president, the azure by john, has been using it as well. and so what we're seeing is kind of a long list here of these different governments around the world that have taken the software and they're using it to target those with whom degree and guys, let's, let's be frank here. this is a predictable outcome. it's the only outcome every time we do a story like this, right? it's quiet for some time and find out how is the technology use and abuse? always goes this way. and why would that h boom bus been swan? i'm sure there will be more to follow on this. thank you so much for following the stories today. well, prices are down to start the week following the end of a stand off between opec allies. now, the cartel says it has an agree

the systems no longer serve us, they actually control us. is there a way out from this growing dystopian? ah, today industries refers to millions of euro's not being today. regulations will be all about making money. i think it's about a big corporation. international markets. import export. do you imagine the number of the diseases that are in every family today due to new viruses or new microbes? not true. so it is due to environment. they're not going to take either the momentum much palo the accumulate got on the come in today. mostly they don't allow us. the food industry is accessible for create more jobs. it will create more value added. it will create more. so i don't see why we shouldn't also fight for the interests of the industry that we have regulation. we want the regulation as the industry and if we don't have video specialty, that's fine. the the new era of college sports is officially here. falling a unanimous ruling from the supreme court on education related benefits, the n. c double a has moved to allow college athletes to

the systems no longer serve us, they actually control us. is there a way out from this growing dystopian? it doesn't, you know, provisional my background. i was like, obviously lucky you lucky but you'll have to, i lost his boss because i just got then you just got to go. we started, you know, just let me pull up your monterey, my thought, why don't you put the best? so it says, you know what was your name? i pulled up, i got almost what i'm already whatever spits up i read me, just go to me. i remember i don't know what can thing when i went up there and i might mentally he was i just don't get time to respect those that it's fitted to chantelle that i'm one of this, but i was like obviously this is kim. i will my thought process to go to kind of all my users, but since i already yes it westerly and he thought of the thing i was calling with you and your team, samantha katie. yeah. my thought a lot of problem. you just got to go to the is your media reflection of reality? the in a world transformed what will make you feel safer? tyson latio

this is our international stay with us. i use ah. ah, me the this is no one visit show you can't afford to miss. i'm rachel blevins in washington. coming up, robin hood says, it can't guarantee it won't cut off certain stocks from its traders. if another virus read it, frenzy takes off. we'll discuss plot. the tension between the u. s. and china continue to increase and the south trying to see. so what can we expect and could global trade be impacted as a result that the plan for updated global tax rules is set to target the world's most powerful big tech companies. will take a look at how the new fees could impact consumers. we have a lot to get to, so let's get started. it is no surprise to hear that robin hood's i. p. o is raising questions about the power of mean stocks to disrupt financial markets. robin hood, which claims that as democratizing finance has found us solve, caught in the middle of mean stock traders and the fcc now and it's i p o filing robin hood says it cannot assure investors that mean mania like game stop or a

maybe the us gang up with its allies in launch. and unwarranted accusation against the cybersecurity. this is made out of thin layer and confused. right and wrong. it is clearly mir and suppression out of political notice. china will never accept the china, always stand firmly again and combat any form of cyber attacks and still less we encourage our support or condone any cyberg. and the group of nations which include australia, canada, new zealand, japan and nato allies claims the chinese government has turned a blind eye to a series of malicious ransomware and data theft attacks against public and private organizations. something president by reference monday, my understanding is that the chinese government for not unlike the russian government is not doing this themselves, but are protecting those who are doing it, maybe even accommodating and being able to do it. that may be the difference. and joining us now to discuss his morgan ready as the chief security advisor to sent no one and former senior advisor to the us state depa

so many good people are helping us. it makes us feel very proud that we need together in the the, the, the the welcome back. it's been dubbed freedom day the united kingdom on monday took a major leap forward or toward returning to some sort of normalcy, lifting nearly all remaining covered related restrictions on public life. so moving forward, there will no longer be limits on indoor gatherings. the one meter social distance, a rule has been removed, and mass have become voluntary. meanwhile, british prime minister boris johnson is spending 10 days in self isolation have come into contact with someone who tested positive for the corona virus. the u. k. 's vaccine minutes or not teams. the how we commented on the relaxation of rules. monday thing the public must remain cautious. so we have to be careful. we have to remain vigilant. border controls remain in place. our expectation and recommendation that people in crowded places continue to wear masks and take both personal and corporate responsibility. there is no perf

have been using that technology. because the technology is originally built by the way and build as being something that could be used to stop only the most terrible people, the most dangerous people, only terrorists, only people that governments around the world should be trying to stop. and instead, predictably, it's been turned on who has been turned on human rights activists. it's been turned on. activists and free speech activists around the world. it's been turned on. women's activists around the world. it's been turned on boy years. it's been turned on journalists. and there is a list of more than 50000 names where though phone numbers of individual journalists and activists have been gathered and collected and stored and have been spied upon. and in some cases, had their entire catalogue of their cell phone, their, their cell phone data, their contacts, their photographs, and their pictures. all of their information was, was able to be hacked and collected by this firm. and again, this is a private firm that'

the president of roger by john has been using it as well. and so what we're seeing is kind of a long list here of these different governments around the world that have taken the software and they are using it to target those with whom degree and guys, let's, let's be frank here. this is a predictable outcome. it's the only outcome every time we do a story like this, right? it's quiet for some time and find out how is this technology use and abuse? always goes this way. and why would that h boom bus been swan? i'm sure there will be more to follow on this. thank you so much for following the stories today. well, prices are down to start the week following the end of a standoff between opec allies. now, the cartel says it has an agreement to begin rolling back the production cuts that were put in place at the start of the pandemic. but with the surgeon covey cases, weighing on markets around the world. questions remain as to how long the sell off will last and how it will impact be ongoing recovery. so joining us judge is michelle snyder, par

to get us over at microsoft fact delegation. we take an in depth look at the claim and the recent increase in cyber attack, johnson and johnson could have a plan to deal with nearly $30000.00 lawsuit they're facing over claims there. hi cancer. we'll discuss what it means. so there victim. we have a fax show today, so dive right in. inflation will only be temporary and the federal reserve should have the freedom to take what ever actions it feels are necessary. that's the latest message from president bite it, as he shouted, the tremendous growth the us economy has seen. but of course, that's when we compare it to 2020. now, while prices have seen their biggest jump in 13 years buying and set, his administration is confident that it won't stay that way for very long take a listen in the data shows that most of the price increases we seen are, were expected, and expected to be temporary, i want to be clear, mind ministration, understands, and if we were to ever experience uncheck inflation over the long term that would pose a rea

he told us that andrew was competing insurance form. this is way too dangerous for him to be doing. clearly they put him in harm's way. a rural college student does interest get shot in the head and found in a river like that. something else had to be happening. the that says boom. bought the one business show you can afford them. it branch boar. and i'm rachel blevins in washington coming after buying and ministration. take steps to condemn what it calls malicious cyber activities from beijing. so who are the hackers in question, and what does this mean for china? and the us, well, this guy was opec has reached the deal to start listening, production cuts next month. we'll take a look at how the latest cell off is impacting markets and commodities worldwide. then we take you across the pad where the united kingdom has lifted its covert 19 restrictions for public gathering pillory ford, which of the british american business association is in studio. take a look at the recovery and whether the nation can move past breakfast for the fact

joining us now, this justice co host an crypto analyst, christy. i know christy, who in the crypto industry is the targeting with these new proposals well, according to the use they are targeting any and all crypto users indiscriminately because they're setting the threshold very low. essentially they're saying that if you transfer a $1000.00 or more of crypto currencies, then the service provider will have to report you. so by sending the threshold really, really low like that, they're basically saying, hey, basically if you own crypto currency, you're gonna have to report this. and while they say this legislation is used to target drug trafficker the money loaners and likes, as the real reason has been and has time and time again, it's very simple fact that the e u. the entire government is basically bankrupt after having to fight coven 19 for the past year. and they're basically seeing this new opportunity to tax the crypto currency wealth because of this new asset that has emerged from the pandemic unscathed. and this new crop of people that ha

now lastly, before we go, we've heard these claims from the us. now we're hearing that the chinese ministry of foreign affairs is throwing out an accusation of their own, saying that groups associated with the cia have carried out cyber attacks for the last 11 years. that seriously compromise china's national and economic security. we have about 30 seconds here, but i mean, is that just a tit for tat comment? or is there something more to it? i hope we are. you know, you never want a letter. you never want to take punch and she got to, you know, mike tyson used to say everybody has a plan to get punched in the face. well, let's have a plan. and i think part of the plan is the difference between us and the chinese. we don't indiscriminately lawn trance more attacks. we don't attack civilian targets. a lot of these are national security targets. defense targets, things where there is a valid national security objective. well, yeah, so it's a c, i behind some of this. they'd better be. that's all i'm saying. cybersecurity expert market, right. i thin

and joining us now to discuss is morgan, right? he's a chief security advisor to set no one and former senior advisor to the us state department, anti terrorists, terrorism assistance program. morgan, always a pleasure to have you on your real expert in this field. now we heard the chinese rebuttal to these accusations, and since you are the expert, how can the u. s. government and its allies? be sure these hackers are tied to china as ministry of state security actually carried out these attacks. there's an interesting report just coming out. i was just reading it to coming out of the wall street journal. declassified information from 2011 shows the chinese were inside of our pipelines over a decade ago. so brett, there is a term of art in the intelligence community. it calls when they say that we have high confidence in something the same way when james call me said, came out said we have high competence that north korea was behind the sony attack. at that point and what they've advised the president, i don't want to say it's a s

he told us that andrew was a competent short form. this is the way too dangerous for him to be doing. clearly they put him in harm's way. a rural college student does interest get shot in the head and found in a river like something else had to be happening with the the u. s. and germany strike a deal on the north stream to pipeline, but val action on russia over the alleged threat to security, opposed by the energy project. moscow. and the pipeline is purely commercial. the worst flooding in china in 1000 years. it has caused depth wiped out the transport infrastructure reached down that spark from a huge blast at an aluminum plant. and the situation is said to be getting worse. nobody suggestions.

now lastly, before we go, we've heard these claims from the us. now we're hearing that the chinese ministry of foreign affairs is throwing out an accusation of their own, saying that groups associated with the cia have carried out cyber attacks for the last 11 years. that seriously compromise china's national and economic security. we have about 30 seconds here, but i mean, is that just a tit for tat comment? or is there something more to it? i hope we are. you know, you never want a letter. you never want to take punch and she got to, you know, mike tyson used to say everybody has a plan to get punched in the face. well, let's have a plan. and i think part of the plan is the difference between us and the chinese. we don't indiscriminately launch rance more attacks, we don't attack civilian targets. a lot of these are national security targets. defense targets, things where there is a valid national security objective. well, yeah, so as a see i behind some of this. they'd better be. that's all i'm saying. cybersecurity expert market, right. i thin

joining us now co host an crypto analyst, christy i. now, christy, who, in the crypto industry is the targeting with these new proposals, well, according to the use they are targeting any and all crypto users indiscriminately because they're studying the threshold very low. essentially they're saying that if you transfer a $1000.00 or more of crypto currencies, then the service provider will have to report you. so by sending the threshold really, really low like that, they're basically saying, hey, basically if you own crypto currency, you're going to have to report this. and while they say this legislation is used to target drug traffickers, money, loaners, and likes the real reason as been and has the time and time again. it's just a very simple fact that the e u. the entire man is basically bankrupt after having to fight coven 19 for the past year. and they're basically seeing this new opportunity to tax the crypto currency wealth because of this new acid that has emerged from the pandemic, unscathed. and this new crop of people that

the us in germany have officially signed an agreement on how to quote, prevent russia from using energy as a tool, a political pressure against ukraine. now if you think that sounds like a strange statement to make over a natural gas pipeline between russia and germany, you're not alone. for months, the u. s. has been putting pressure on germany, insisting that the completion of the north stream to pipeline poses a threat to ukraine. germany has finally responded saying that if russia takes threatening actions against ukraine, it, along with european partners, will limit russia's ability to export energy. so it's not me here, i am glad that we have now succeeded so far. and we also have a whole lot of task on some of course, in particular to see how we can all go. what she, how longer treating period for congress is the only one really willing to impose meaningful course on russian malign projects and support our allies facing the russian aggression. it's clear that congress and the american people can't count on the administration to do the right thing with regard to this war stream is

if it quote, uses energy as a weapon against ukraine. now the us has repeatedly warned about the power, the $11000000000.00 pipeline could give russia over europe. so as part of the deal, germany will agree to spend $70000000.00 on bilateral energy projects with ukraine . the us in germany will also work together to promote $1000000000.00 worth of investments for a green fund aimed at helping ukraine transition to cleaner sources of energy. the construction of the north stream to pipeline is that to be completed by next month . and it is expected to be opperation by the end of this year. as for the specified action, germany is expected to take against russia if it violates the agreement, it is not a part of that remains unclear and time now for a quick break. but when we come back, a middle worker shorted in the united states, many states have pulled back extended unemployment benefits in hope of charging the labor market. did it work? we'll never get a break here. the number that the quote the, the ah ah, the drug started as a way to co

thanks for watching to international and have a good day i use i use use the the the, the the the this has been going business so you can't afford to miss i major. and i'm friendship or in washington coming up in the united states in germany. have come to an agreement over the nordstrom to pipeline, but not everyone is happy about it. shared had we explored the conflict and why germany continued to pursue the project and has what has become bullish on bitcoin yet again. because the electric car giant b o says it will likely accept the crypto currency as payment in the future. we bring you up to speed on how the crypto sector is fair and then the federal reserve is preparing for another meeting where they were, where they will discuss whether to pull back on their pandemic era policy. so what can we expect, and how will the markets react? we have a show today. so dive right in. the us in germany have officially signed an agreement on how to quote, prevent russia from using energy as a tool, a political pressure against ukraine. now if you think that sounds like a strange statement to ma

well, joining us now to go further in depth on this. there are tabio marines, the ceo of optimist, l l c, and michael penn. joe, ceo of pinto portfolios strategies. michael, let's start with you here. what are the odds we're going to see the fed actually pick any kind of meaningful action as a result of next week's meeting? well, i think they're going to announce the plan to start tapering. jack your whole, so it's an august meeting jackson hole, they say we're going to start a, bring in december and probably wind down purchases over the next year. but here's the only point that you guys should all understand is that from the beginning of the federal reserve, in 1913 to 2020 a 107 years of that institutions existence. the best bounty grew to $4100000.00. in the last 5 quarters said belgy has grown to a point 2 trillion dollars. so the entire existence of the reserve, the last a 107 years for quite one julian. and we know that in 5 quarters, so it's going to be very, very difficult to unwind a $120000000000.01 trillion dollars of counter

so not only is the us trying to push china out, the us trying to spread their own influence by using this proposal as a leaping board to kind of spread their influence and favor their own tech companies. and kristi did this, china in its own right, have a recourse against that. i mean, beyond just saying, well, we'll pull back all that tech from, you know, say a country like singapore or something like that. is there any other recourse they have against the deal? like that, i don't think they do, and i think that china is actually very defensive and they've made sure that they've fully touched every single sector from technology to cybersecurity, into all of their semiconductor infrastructure. and 5 g big touched the entire spectrum of technology. so basically, if china were to say, pull out all of their infrastructure, you really would be setting these countries back at least 5 if not 10 years. and china has spent significant billions and billions of dollars. so then these country, the small southeast asian nations, there will be the casualty between the total, between the us and ch

ah ah ah ah, i use the use the welcome back. we know it has been a big year so far for the private space industry headlined by 2 billionaires taking trips to the edge of space just within the last month. and there are no signs that it's slowing down. in fact, private investment in space companies hit $4500000000.00 in the 2nd quarter of 2021, a record for the sector according to a new report from space capital. now the report separates investment into 3 categories within the industry, infrastructure distribution and application infrastructure centers on companies that build rocket and satellite and is dominated by the big 3 billionaire back firm space ex blue origin. and virgin galactic distribution has to do with companies that use space related tech for their business. while application is about services that depend on space. for instance, those that rely on gps services think ride sharing companies or mapping software. with these numbers, the industry is expected to eclipse the $9100000000.00 raised in the whole of 2020 . so

so not only is the us trying to push china out, the us trying to spread their own influence by using this proposal as a leaping board to kind of spread their influence and favor their own tech companies. and now kristi did this, china in its own right, have a recourse against that. i mean, beyond just saying, well, we'll pull back all that tech from, say a country like singapore or something like that. is there any other recourse they have against the deal, like that? i don't think they do, and i think that china is actually very defensive and they've made sure that they've fully touched every single sector from technology to cybersecurity, into all of their semiconductor infrastructure. and 5 g big touched the entire spectrum of technology. so basically, if china were to say, pull out all of their infrastructure, you really would be setting these countries back at least 5 if not 10 years. and china has spent significant billions and billions of dollars. so then these countries, the small southeast asian nations, they will be the casualty between the total, between the us and china.

so not only is the us trying to push china out, the us trying to spread their own influence by using this proposal as a leaping board to kind of spread their influence and favor their own tech companies. and kristi did this, china in its own right, have a recourse against that. i mean, beyond just saying, well, we'll pull back all that tech from, you know, say a country like singapore or something like that. is there any other recourse they have against the deal? like that, i don't think they do, and i think that china is actually very defensive and they've made sure that they've fully touched every single sector from technology to cybersecurity, into all of their semiconductor infrastructure and 5 g. they've touched the entire spectrum of technology. so basically, if china were to say, pull out all of their infrastructure, you really would be setting these countries back at least 5 if not 10 years. and china has spent significant billions and billions of dollars. so then these country, the small southeast asian nations, they will be the casualty between the total, between the us and

so not only is the us trying to push china out, the us trying to spread their own influence by using this proposal as a leaping board to kind of spread their influence and favor their own tech companies. and kristi did this, china in its own right, have a recourse against that. i mean, beyond just saying, well, we'll pull back all that tech from, say a country like singapore or something like that. is there any other recourse they have against the deal, like that? i don't think they do, and i think that china is actually very defensive and they've made sure that they've fully touched every single sector from technology to cybersecurity, into all of their semiconductor infrastructure and 5 jeep. they've touched the entire spectrum of technology. so basically, if china were to say, pull out all of their infrastructure, you really would be setting these countries back at least 5 if not 10 years. and china has spent significant billions and billions of dollars. so then these countries, the small southeast asian nations, they will be the casualty between the total, between the us and chin

matters most of us. and that's how we find meaning. and how we make sense in our place in the silicon valley see don't mention in their sleep presentations. however, the ghost workers who train the software humans are involved in every step of the process when you're using anything online. but we're sold, as is miracle of automation behind your screen. it's a rebel workforce. the scenes algorithm is for next to nothing on a very good day to do $5.00. now. a really bad day. i could do 10 years worth isn't movable by design. it's about labor costs, but it's also about creating layers of western responsibility between those who solicit the kind of work and need it. and those who do it driven by dreamers shaped by those with vision in me dares thing. we dare to ask me. ah, binding ministration tells us the world days is the star, the choice between democracy and authoritarianism. business make any sense. the balance of power in the world system is moving to multicultural r t and is not defined by ideological