carol: welcome to "bloomberg businessweek." i'm carol massar. julia: i'm julia chatterly. carol: in this week's issue how , to rebuild puerto rico. an 11-year-old philanthropist helping girls feel comparable in their skin. julia: all that ahead on business week. ♪ carol: we are here with megan murphy and i want to start off this week with a story in politics. you have this map that looks at

europe and the ground that is gained by the populist radical right. megan: we have took an in-depth look at trying to dissect the myth from the reality of the strength of the far right in europe. there is a feeling that twice 17 -- that perhaps 2017 has gotten lost in the u.s. because the president and some of his agenda, but there was a time when emmanuel macron beat back the national front and came to an election and also what we saw in the netherlands, which beat back the challenge in a far right leader. we have seen this summit in the far right europe. that has proven not to be the case. through a disparate coalition of the agendas across far right parties they have stitched , together support that is common in the issues that draw them, whether it's immigration, law and order. but they are different in how

they operate in their reset -- respective parts of europe. that make no mistake, we have found the support is the highest it has been in 30 years. this is quite fascinating to me. you alluded to it in france. there is so much optimism in europe right now and that election felt like a watershed as far as populism in europe is concerned. what you guys have done is dig down in details is that there is still a lot of support for the national front. we saw with the afd in germany. shocking results for these parties, even if they are not necessarily in power. the growth behind them is huge. megan: it is hard for people who come from a bipartisan system in the u.s., whether it is republican or democrat, or even in the u.k. how much proportional representation really shifts the dynamic? let's take offshore.

this was close to a far right leader winning the outright vote in austria but the challenge was , with the green, not the liberal. that, we see, is a pattern we see frequently across europe. in poland, issues are on law and order cracking down on immigration. then you go to northern europe where it is exploitation of the social welfare system. the perception immigrants have come in and changed the fabrics. what these are knitted together with is the conception that their country and its fundamental values are being changed. the true nativist sentiment. what is underneath that is the changing economics of the country and how we see wage is still strong across europe. how we see jobs, not -- people feeling they do not feel that same opportunity. that leads to the feeling that their society is starting to disintegrate. julia: let's move onto the cover story. i'm proud that we have thrown a spotlight on puerto rico. i think it is about the

interaction, not only with the lack of results and government resources but how it is more than meeting the challenge. megan: one of our marquee stories for the year. really trying to get people to understand the human toll and the human challenge of rebuilding puerto rico. people who have had this devastation and lack of corn it -- lack of a coordinated government response, we try to focus on those people who despite all of that, are trying to fight for what they believe is their puerto rico. it's a different way of telling the story and we are proud of it. hopefully it will educate people of what is going on. carol: i'm glad we are staying with it. we have more going on from monte real. >> when you go to put a rico -- go to puerto rico now, it is a situation where when you get there, it threatens to overwhelm you with what they still need. and with the desperation that you find.

i think that before that sets in, you are kind of confronted with inspiration. you see all these stories of people who are rebuilding their lives and their likelihood. -- livelihoods. and so it's this curious mix of, you see the needs they have that are still there a few months later. there is still 40% of the energy grid is off-line. you see people coming up with innovative ways to respond to the disaster and really pick themselves up again. carol: many acts of kindness and you play that out in your story. as he mentioned, -- as you mentioned, there is still a lack of power and running water. there is still a lack of places for people to live. they have an awful lot to do in terms of rebuilding puerto rico. >> yes, they do. and it goes beyond just the immediate needs. puerto rico is different than

houston or florida where the other hurricanes hit hard this year because of its isolation. it was hard to get the immediate resources there. it was also financially isolated somewhat before, so you had an island that had serious economic troubles for the storm even hit. -- before the storm even hit. this exasperated those and underscored that. for 10 years before the storm, it had 10 straight years of economic reception. -- recession. carol: puerto rico took steps to attract others in. you talk about the gringo transplants in your story. these are folks in the financial sector. they have been doing a lot in the private industry to help puerto rico get back on its feet. talk about this gringo transplant. >> in 2012, puerto rico tried to make the island into a tax haven, especially for hedge funds and investment fund managers to attract capital, to encourage them to move to the island by giving them tax breaks.

they would pay no taxes on interest, on capital gains. a lot of people did take puerto rico up on that. some investors came to the island and as part of that deal, you have to live on the island. you have to stay 183 days of the year in puerto rico. you have this influx of people from the financial sector coming to puerto rico and they were there when the storm hit. and you find them, i would go to the convention center and in addition to all of the people from fema and health and human services to mill around with the recovery effort, you would see these people from the private sector who were investors who had moved to puerto rico and who had joined into the relief effort to see if they could help in any way. there were some creative ways they were doing that. there's a group called the act

22 society, named after the laws that were encouraged to attract investors to the islands. they formed a social services group there with a raised money and tried to augment the efforts of the federal government in bringing aid to people. carol: later in the program, a chef spent thanksgiving feeding thousands of people in puerto rico. julia: up next, canada's oil capital. carol: why iran may be pleased with president trump to recognize jerusalem as israel's capital. julia: this is bloomberg businessweek. ♪ ♪

carol: welcome back to bloomberg businessweek, i'm carol massar. julia: i'm julia chatterley. you can find us on businessweek.com. carol: and on our mobile app. president trump turned over decades of foreign policy by recognizing jerusalem as israel's capital. julia: america's allies are clearly not happy. it may have play directly into the hands that donald trump is trying to contain. carol: here is editor matthew philips. >> we wanted to take these moves and put it in the context of a bigger power struggle between the iranians and the saudi's for the dominance over the middle east. that is your polar right now. so if you look at how the

alliances have shaped up the last couple years, you have the saudi's on the same side as they have been on for years and they have projected the israelis to. on the other side, you have the iranians and the russians and you can read a lot of this through syria. if the message is, if you align yourself with the americans, they will give the israelis the whole game right off the back. -- bat. this plays into the message in the long game the iranians have been playing as it relates to palestine. we are the true guardians of the best interests of the palestinians. not those who are aligned with the americans. julia: the united states take this stance and the two prior presidents tossed this move to shift the u.s. embassy as far as israel is concerned. it discredits them surely as a neutral mediator in the region. >> sure.

a lot of people are going to say, this completely stops whatever hopes we had at a piece -- of a peace process, and it raises questions about what game jared kushner is playing with the crown prince in saudi. that has been the lens as to see a piece process. that stops it in its tracks. it's clear the saudi's are not keen on this. what we are not understanding is what kind of messaging the trump administration gave the saudi's because we know tillerson and mattis were not on board with this. what kind of messaging where the saudi's --? i can't say that. we don't have reporting that suggests that. our reporting does suggest this was a decision they were not keen on. the saudi's, while the have not made official calls for violence or protest, there is a lot of outrage in their press, saying, what are you doing? this gives the whole game to

iran. this plays perfectly into the hands of the country that donald trump has explicitly said he wants to antagonize the middle east. carol: they get aggressive with it. >> absolutely. we should stop taking american and israeli goods into saudi. julia: talk about the pushback we have seen and the violence we have seen. when you look at groups like hezbollah, and you look at the financial backing we know exists as far as iran is concerned, it very much ties into the suggestion of the greater leverage for iran, which is what you were alluding to at the beginning. >> that is right. in the early days, there was a call for days of rage. in the first 48 hours or so, the response was relatively muted. we have seen a lot of protests in beirut and the west bank and around ramallah in particular. but when you look at all of the middle east, a lot of the protests have been fairly muted. you are not seeing anything in

egypt, you are certainly not seeing anything in jordan. you are seeing places where iran has the highest influence. such as beirut and hezbollah. that's where we lead with this. it's interesting to see the difference in how the arab world is responding to this and how iranians are responding to this through their proxies, has below -- hezbollah and hamas. julia: in the economic section, talk to people in calgary and they will to canada's oil capital is a shadow of its former self. carol: blame the low crude oil prices. forcing calgary to retool. julia: here is christina lindblad. 1990's, it was half of their economy. it is about 30% now. they know it's a problem and the have been trying to deal with this for years that it certainly has put impotence behind the governments efforts to do something about it. julia: give us a sense of what happened because we know the big oil players decided to retrench

and prices will state lower for longer. talk about the impact in the economy and the unemployment levels the drop in income levels , as well. it changes the economy dramatically. guest: at one point, unemployment surged as high as 9%, it's down to 7.3% now, but that is still one percentage point above the average. if you look at median incomes, which has been quite high, because this industry pays good salaries, there was a more than $14,000 drop between 2014 and 2015. carol: when an industry goes guest: people get used to doing less with fewer people. even though prices are now, at one point they touched 30, now they are at 60, we are not seeing the same jobs coming back to energy.

carol: exactly. it is also causing a city like calgary, they are figuring out how to retool the city. they are making some success and progress. guest: i think they've attracted some names and also what they are doing is they are looking at sectors where they already have a foothold rather than trying to , create industries from scratch. they are going after businesses there. amazon opened up a fulfillment center there so that's 750 jobs. they use that now they are , competing. they are one of the many cities competing for the amazon headquarters. they have been creative about it. they plastered in seattle this building where this banner ad says, we would fight a bear for you. there is also an airline that is in this space called westjet and they want to start a low-cost carrier and several canadian cities bid for that project and

calgary ended up getting it. julia: talk to us about the mayor because he has been in power since 2010 and he's been promoting diversification in established businesses, whether it is logistics, transportation. looking for the other strengths calgary has here. guest: he said when he was a student in college, he was sort of watching the duffer's -- watching the diversification efforts, not knowing one day he would be the guy trying to push this. he talked about, we need shock absorbers. he said, it's not like we want to move the whole industry there or energy industry out of calgary, but we need to diversify sources come more engine firing, let's say. julia: up next determining how , much bitcoin north korea may have and what it plans to do with it. carol: plus the legal showdown

over getting high and harvard square. julia: this is bloomberg businessweek. ♪ ♪

julia: welcome back to "bloomberg businessweek." i'm julia chatterley. carol: i'm carol massar. you can also listen to us on the radio and on aim 11th rio in new york, one of 6.1 in boston, 91 fm in washington, d.c. and a m naik 60 in the bay area. julia: and in london on dab and in asia on the bloomberg radio plus apps. in a finance section, north korea has been hacking its way into bitcoin. carol: researchers are trying to figure out what the country is trying to do with the cryptocurrency. julia: here is our reporter. guest: let's say you are in the bitcoin industry and you say that is a cfo opening. and it's a word attachment and its for a fast-growing london-based bitcoin company.

awesome. so you open it up and it says, this was created in a version of word that is later than yours so you have to enable the content . so you click enable the content , and you get to be the cfo and manage the accounting and work on the trading strategy and it -- of this awesome company. it is like a tech company. there are cool, young people. with foosball and ping-pong. carol: i want this job. guest: but what you have done by opening this fake job description is in fact your -- in fact your computer with malware that is being run by north korea. carol: we know that for a fact? guest: this is according to secure works. they have a swat team, like cybersecurity researchers to look at the latest threat and they have been tracking north korea's interest in bitcoin for a while. carol: let's talk about for a while. this goes back to various

viruses and so on. tell us about what they have found out in terms of north korean hackers specifically. guest: they first saw north korean interest in bitcoin back in 2013 when they were able to track -- this was basically a failure insecurity on north korean hackers parts. they were able to see hackers from north korea were going into underground forums, like bitcoin forums online, to do research. to sort of understand what is bitcoin. and to understand how it might be useful. because for a country like north korea, which has been -- for a -- has been facing sanctions for a very long time, and trying to make money and get around those sanctions, it is an interesting tool. carol: raising my hand for those folks on radio. this is the big question. north korea limits its access to the internet. who is getting that access? don't they? guest: yes, they do. carol: to ask the question, what

is bitcoin? guest: there are indications that they have hacking teams overseas. they have hacking teams -- this is according to other research from a different set of security -- a different cybersecurity firm called recorded feature. they got this trope of data that showed them not only the -- who were able to access it from north korea, like political elite, the top echelon of society, but it also showed indicators that they have teams of people in countries overseas who would be able to also do this kind of work on bitcoin. carol: in the business section across the united states, legal marijuana entrepreneurs are facing pushback from neighbors. julia: jenny kaplan reports. >> healthy farms is a medical marijuana dispensary in as a -- company in massachusetts. and they currently have a

dispensary opened in georgetown, massachusetts and they are planning to open a second dispensary in harvard square in cambridge. carol: and everybody's ok with it, right? >> the state of massachusetts voted to legalize recreational marijuana last november. so by all accounts, people are all for it. this is specifically a medical one. the city of cambridge, different municipalities can decide whether they want cannabis businesses active in the town and cambridge voted that they were ok with it. and the city council voted in favor of the location. julia: healthy farms, sounds like a lovely name for a company. neighbors are feeling so healthy about this, and now healthy farms has a lawsuit. talk to us about that. jenny: correct. one neighbor in particular, he is the controlling partner of four different buildings in harvard square.

he is suing healthy farms and 18 other plaintiffs, saying they are taking part in a racketeering operation because they are all coming together in order to create a situation in which they can sell marijuana, which is a federally illegal drug. he is suing under rico, a racketeering law. you can sue three times what it is worth. he is asking for $81.2 million. carol: talk about that. when we think of rico, it is usually used against organized mobs and that's when we see this law put into use. this is a very different way of implementing it. julia: and expensive. carol: and expensive. jenny: this is the fourth time rico has been used against the cannabis does this. -- business. the reason it was founded was to go after organized crime bosses. people who don't necessarily get their hands dirty, but are part of the whole process of getting

a crime done. so people are using this because they are not only going after the dispensary owner or the person running the actual operation, they are going after the ancillary businesses that make it possible. that means going after the banks if a cannabis companies can get a bank account. they are going after the banks, they are going after whoever owns the land or mortgage. they are going after any consultants on the project. and in addition, in order to make this -- to make their argument this is racketeering, they are actually even complaining against people as high as the attorney general of massachusetts, saying she is violating the constitution in that the constitution says that federal law trumps state law and they are trying to say it is ok to sell a product that is legal under federal regulation. carol: the historic opportunity

president trump has at the federal reserve. julia: the electric truck that will probably beat teslas to the market. carol: this is bloomberg businessweek. ♪ julia: i'm julia chatterley.

carol: i'm carol massar. still ahead in this week's issue insuring against movie stars , acting badly. julia: elon musk gets big truck competition. carol: a guide on how to give back this holiday season. julia: all that still ahead on bloomberg businessweek. ♪ julia: we are back with megan murphy and we are in the technology section. plenty more one of my favorites

, this week, elon musk has a challenger. megan: he does have a challenger moving into the big rigs market. here in the u.s. julia: he says that with such enthusiasm. megan: i always wanted to be a trucker growing up. this is a space where there is a tremendous amount of attention in the market. elon task in a very flashy tesla rolls out there electric trucks , and to much fanfare. just down the road, there is a young guy named dakota who has a prototype of the et one, his startup in this as well. he is self funding it. it is interesting to look at what people think about -- electric trucks, they him it less. they will be cheaper. that's the interest that so many fleets are looking at. they are also coupled with limitations. et1 only has a 30 mile radius. -- 300 mile radius. there are challenges, but every

time we underestimated elon, he continues to exceed expectations. it is interesting to see a rival close to home who has high hopes to compete. carol: i love this individual. young guy. it's interesting he comes out of a family business and a vineyard. megan: malibu wine. it's interesting. he's a guy who has come up through a different track, but always the business route. he is self funding this. he has hired engineers from boeing, places like that. this is the kind of space where he's already built a prototype. it is being driven around. it is more going to be the case, particular in the trucking space, how high the job sector trucking is. in terms -- in 20 68 -- states, the highest market there is. the disruptive force of electric vehicles, as well as potentially driverless vehicles, is immense. but the investment that proves

you have street credit to do this is immense. julia: talk about his background. he is not an engineer. if we look at what he was doing at the vineyard, he converted the diesel trucks and they had to working on vegetable oil. this guy has an intrinsic knowledge of engines, as well. megan: he's only 25 and he spends his summers growing up, boxing up military equipment and doing that part of the business, and doing wine tours at night. julia: there is a battery power is the thing. megan: that is going to be the big challenge. we all know having driven cross-country, that is what a great stew. -- that is what big rigs do. no trucker wants to wants to charge and they have different demands than consumer facing vehicles we see now. that is going to be the key is building the infrastructure to keep these vehicles on the road and to meet the ruthless timetables.

carol: we are snapping pictures of a new fed coming in 2018. and economics talks about the president remaking the fed. megan: this is fascinating because before president trump came into the office, he talked about janet yellen and how it was arbitrary and the fed needs to be broken up. since then, he has not recast it as much as expected, but he has opportunities coming up. five chances, five governors and only two years potentially. whether he chooses people more in line with anti-fed policies as opposed to people who are army put up. -- who he has already put up. julia: that of the interesting what is coming up. here is editor peter coy. >> i went back and looked at the federal reserve, going back to 1913, about the transitions and leadership and how many presidents named each members of government and it was a lot of work. what i found out is that trump has potential to change the fed

more than a lot of his predecessors have. carol: why is he in that situation? is it just older people retiring or why? guest: it is probably just coincidence. when people are getting old and want to move on. it's partly because he's deliberately choosing not to reappoint people. the most notable example is janet yellen. she had one term as chair and he chose to go with somebody else. he said he admired her and like her a lot but he wanted to put his own stamp on the organization. carol: she was appointed by president obama. it's not unusual for a democratic president to appoint a fed chair and maybe a republican president and he keeps that fed chair. guest: two recent examples, reagan capped paul volcker and clinton kept paul greenspan, a republican. there is a history of bipartisanship. which has always been regarded

set my independent institution. carol: we do know the president then candidate donald trump on the campaign trail, often talked about the fed so maybe we are not surprised he wants to make his mark. peter: exactly. he said janet yellen is more political than hillary clinton at one point. so far though, wall street has been quite reassured by his choices for the fed. we have seen him make crazy picks for various cabinet post, but when it comes to the fed, it seems he has taken a middle-of-the-road approach with the fed. you can see that with drum powell. -- jerome powell. he's a republican, but he was a centrist figure who works for the by policy center before he joined the fed and was an obama appointee and trump has chosen to elevate him and randal quarles is the wall street lawyer, who comes onto the fed as a vice chair of supervision.

now we have good friends not yet -- marvin goodfriend who has not yet been confirmed he comes from , carnegie mellon university. these are the kind of picks. they have a republican tinge to them, but they are nothing that will alarm people like, the fed is going crazy these days. carol: so far. peter: exactly. so far. trump has a history of making some pretty out-of-the-box decisions. there is a residual fear among people that he can revert to form the fed and treat it the way he has treated other parts of government, kind of blow things up. carol: how hollywood is trying to protect itself from bad actors. julia: we tell you about a good actor in puerto rico as a chef on the front lines makes civilian led relief efforts. carol: this is bloomberg businessweek. ♪ ♪

julia: welcome back, i'm julia chatterley. carol: i'm carol massar. you can find us online at is a -- at businessweek.com. julia: and on our mobile app. in the focus on risk management section, cape town's mayor explains why she hates mondays. carol: here is our editor. cape town for about three years has had very low rains so , they are confronting what they are calling a day zero

situation, something across south africa people are referring to, which is the potential the taps might run actually dry. the dams are extremely low. mondays is one they get those reports and as much as they are trying very hard on implement in implementing -- implementing various measures to limit the usage, the monday reports have been looking more ominous. julia: day zero in cape town is two months before the rain should begin. >> exactly. and as they are heading to the winter season, it's summer. i am trying to get my head around a story businessweek did last week. talking about cape town as a great place for tourists. they want people to come, all these great things. then we have this water crisis. is it the infrastructure is not there? is it climate change? is it multiple factors? sites areentists various.

they say climate change could be a factor and likely is a factor, as well as increased demand on the system. the increased demand does not really explain the very low rainfall. they are quite baffled by it because it is sort of unheard of in cape town and the last time they might have confronted a situation like this was well over 100 years ago. there is greater demand, more people. it is a huge part of the local economy, the tourists, and they are there in the summertime now. the thing is, a lot of the locals are not there. the tourists come in when locals are away or there are other factors, things that close up in the summertime. what i've heard from michael and others who reported on this is that we are not really going to feel the effects if you are traveling as a tourist. it's really the people who are living there, especially the city sport. carol: focusing on the risk management section, recent

allegations of sexual misconduct and assault are forcing hollywood to rethink how it does business. julia: here is our reporter. guest: some of my contacts in the film industry, we wonder -- we wanted to ask what studios and filmmakers are doing to protect themselves, or cover themselves from the fallout of the situations that are happening in the headlines recently. what they said was and what we have been reporting is that a lot are going through policies, their insurance policies, trying to figure out how to cover things and realizing there is an -- there isn't coverage for something like this. say for example, in the case of sony's all the money in the world, about the getty family with kevin spacey, when he was dropped from the film and they chose to reshoot it, those millions of dollars in reshoot cost, they probably would have to absorb and there was no real

way of recovering that money. while we don't know the ins and outs, we haven't been able to get that from them. they haven't commented public week. -- publicly. what i understand is that financing specialists are trying to get a new form of insurance, like a debt and disgrace insurance that is more widely used in the advertising world to apply to the film world. julia: we should make the point that the allegations against kevin spacey were 31 years ago. guest: right. and that's the problem is that there are a lot of background checks when insurers or completion bond providers for films who guarantee the film will get completed will cover for that risk for various reasons the film might go off course. it is so hard to cover for something that could have happened decades ago but could really just now put your start

-- star out of business. carol: that's the difference. hollywood we know has always been an industry that is an industry ripe with its own issues. there have always been things that,. but this is different because it can go back in time in terms of people who have done bad things potentially. guest: yeah. and it's a cultural shift. what has been sort of ignored and a blind eye turned to is not considered acceptable and people are actively looking into people's pasts and it's coming back to haunt them and put them out of their jobs. julia: this week, it is devoted to philosophy. -- philanthropy. carol: the profile of a chef and the thanksgiving he spent in puerto rico. julia: here is our editor. guest: he's a very popular chef. 30 restaurants across the u.s. after the hurricane in puerto rico, he went down and started

cooking meals for people, started with a few hundred meals and by now, this was september 25, i now he has served at least 3 million meals to people. at the time with the red cross were having trouble getting access to people. hosea endres figured out a way to do it. these big pots of food. it was important for him to ring hot meals to everybody. guest: that is something he saw a early on. he saw how traumatizing these storms work. they had no heat, they had no power. to make people feel whole again, to make people feel normal, he realized a hot sit down meal was really important and he set up 20 kitchens across the country. on a certain day, he served 150,000 meals. julia: how did he do it? guest: he has a network of chefs that work with him in his world central tension -- kitchen and he basically found resources

, that were on the island of puerto rico, food storage, he convince people who had been trapped -- food trucks to drive into rural areas and started cooking. he had thousands of volunteers. julia: the beauty is not just a crisis response but also rebuilding beyond the crisis response. for some of the people who were owning food trucks, he convinced them to hang around even after they left. guest: people didn't know what to do. it seemed impossible. he said you can help and you can stay. people did. it was a key part of his distribution system. carol: the lesson of what he did, and continues to do he's , done many places around the world is just start. guest: that is the first lesson of philanthropy specials. if you don't know what to do, and you feel like it is impossible just take the first , step. supermodel'st, a mission to improve the health of women across the globe. julia: no training required. carol: this is bloomberg businessweek. ♪ ♪

carol: welcome back to "bloomberg businessweek." i'm carol massar. julia: i'm julia chatterley. you can listen to us on the radio and on and 11 three ok in new york, one of 6.1 in boston, 99.1 fm in washington, d.c. and a.m. 960 in the bay area. carol: and in london on the dab and asia on the bloomberg radio plus app. in the technology section, pack your bags and get ready for space tourism. julia: i am already packed. commercial flights will have less training requirements the nasa for wealthy clients. carol: good to know. here is our editor. guest: as soon as next year, space billionaires are going to

start expanding the range of 600 people who escape gravity by a factor of scores in any given year according to their early estimates. the big change here is that were even civilians and nasa and most space agencies have sent up into space for various missions in the past, have usually had to undergo a pretty rigorous months or years of extensive physical training. the federal government is living -- leaving it more or less to the commercial spaceflight companies to prepare how the astronauts needed to be. julia: extraordinary. carol: are the people who have a lot of cash really ready to go into space? talk about the prep private space companies are doing to get them ready. jeff: for the most part, the chief medical officers seem to think you can pretty much have

an average person get by with pretty minimal training, as little as a few days. earlier this year, jeff bezos was saying, he was to keep people how to put the belt on and that kind of thing. carol: don't worry about the g's. julia: talk to us about virgin the lactic. you did speak to the chief medical officer. what did he have to say about the physical pressures this puts on your body, but the mental? for me, that's probably more important. guest: the big caveat we heard from the chief medical officer, was that on the physical side, while it is reasonable to assume people will be ok, the average person will be ok physically as long as their various medical

issues are well understood or well-controlled, that the studies they've done showed minimal correlation or unreliable correlation between people's baseline psychological evaluations and likelihood of freaking out. julia: you mean it's tough to tell who's strapped to a rocket and say, i can't handle this. carol: i've had panic attacks on some rides at amusement parks. but that's something to think about. from my understanding in this story, they call them the founders. they are going through extensive medical scrutiny. guest: yes, they have said they have been conservative as far as kinds of precautions they are taking in this first round folks. when he says they are well understood and well-controlled, that means they have to be clear with people that you have to disclose everything so we can

control for it. julia: let's get back to the special pursuits philanthropy section. carol: editor chris rovzar talked about a mission from others. guest: she is one of the people who has done a lot of work in her life and she would sponsor dinners, donate to her friend's charities and she finally realized i'm a person who needs to get involved. i need to go deep. she actually had a life-threatening hemorrhage in one of her pregnancies and it opened her eyes as to what an issue maternal health is around the world. she started every mother counts, which has raised over $4 million and helped 600,000 people around the world. what they do is do things as simple as getting people to health facilities and they provide medical training and medical supplies. julia: this is the second lesson of the giving section. this is to feel connected. she truly wanted to fight for

something she believed in and understood. guest: it started as a public service campaign and once she learned more about it, she went in deep and her thing was, you have to care about it because once you get into it, there is no going back. carol: it's interesting to know she knew so much by going into other organizations. you participate in you learn things. guest: she learned what works and what doesn't work and what would work for her. julia: and for all of these as well, it is also the tax advantages of giving. it is not just about giving necessarily. you can also offset that. guest: there are tons of waste -- ways and everybody should look at the section for pieces of advice. you might not know that there is a huge tax advantage for you or if you want to set up a trust that protects stuff for your heirs but gives money to good causes while you are still alive. there are different options that

are still easy. carol: this game changer can teach you a lot about giving. she started at a young age. watch this woman, or young girl, could she has a lot to do. guest: zoe was 11 and when she started owing to school, she was bullied because she looked different. nobody else looked like her. she went home after the first day of school and said i don't want this to happen to anybody else. over time, she and her mom created a company called zoe dolls. they make dolls with different skin colors. any girl who reaches out to them around the world, they will send a doll too. they have sent out over 20,000 dolls so far. julia: she also attracted the attention of nickelodeon. they have given her more money, and award, and a grant. the business is growing. guest: she was honored, which was really great. they honor kids every year and they gave her a scholarship to grow the company. julia: and her mother is managing it. carol: it goes to show you that

you don't have to be, having lived life a lot or an older person. it's just a great idea and something that happened to her personally. guest: something simple. that is why i love her as a game changer. you don't have to change the biggest game in the world. if you change it for several thousand young girls, who knows what that will mean? carol: bloomberg businessweek is available on newsstands now. julia: and online and our mobile app. we have said all week how proud we are that we through the spotlight on puerto rico. carol: the stories have dropped out of the headlines. they have a long way to go of recovery. short-term needs water, power, , housing, and long-term, will be this sustainability of puerto rico going forward? and what kind of industries they need to be in. i agree with you. julia: some great stories with huge heart. the chef that went there. 18 kitchens running at one point. and the other stories, the race to space. 2018 is the year. will you be there? carol: i would like to be there.

julia: keep saving. we will wait for mars. more bloomberg television begins now. ♪ cannot live without it.

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