and instead the impact on us all i'm since one phillip of our children of washington glad you're on board coming up is in the spotlight across the globe as major moves on the topic are happening on both sides of the atlantic conservative commentator steve malzberg logs on to help us delve into this data plus the chinese demanding a retain chin of their status of the deputy or trade talks with the u.s. have started to slow r.t.s. alex in the hell which leads us to hand this sift through the shipping stagnation plus boeing stock is in a nosedive after news that the seven thirty seven mass production has been slashed r.t. correspondent rachel blevins gives us an aerial view of the situation plus is the right hailing the right sherry moment fading or just heating up hillary ford which takes us behind the wheel of the future of funding for these companies all of that directly ahead but first some headlines. and we begin here it's a big one new regulations of online media and concerns about new threats to free speech broad new rules for internet content providers are being unveiled in the

united kingdom over the weekend u.k. prime minister theresa may announced a menu of policy proposals including creating a regulator with the power to block specific sites and content and to hold companies and even individual executives at companies like facebook and google legally liable for the content carried on their platforms all of this of course is being done in theory to combat the spread of violent and extremist content false information and harmful material aimed at children again that's what we're told the concerns of mass shooting experts and those who want greater regulation kicked into high gear after the recent terror attack in new zealand aimed at muslims the shooter live stream that massacre on facebook and as in many other recent cases posted an extremist manifesto cited online extremist influencers and then repeated their rhetoric. well meanwhile today the european commission's high level expert group on artificial intelligence published its. ethics guidelines for trustworthy

ai the commission's work attempted to establish ethical principles on human rights and really there were four ethical principles here number one respect for human autonomy number two prevention of harm three fairness and four explicit but according to access now the european commission created a clear imbalance in the composition of the commission by appointing a majority of business representatives in comparison to really only a handful of civil society representatives thereby undermining and spend eight to give recommendations on future related policy development on ethical legal and societal issues related to a guy well meanwhile google has now pulled the plug on its advisory board just one week after announcing its creation the move comes after thousands of employees raise objections about the appointment of kay coles james who also happens to be the president of the conservative heritage foundation joining me now to discuss is conservative commentator steve malzberg hey steve hey been how are you so let's

begin here what was the board supposed to do in the week it existed for google when it came to shoes. well they were supposed to set course on a responsible development of a within the company the board at eight members who were to meet just four times a year quarterly and they were going to discuss issues like facial recognition and fairness in machine learning and and making. a fairer and more transparent and also discuss whether to work on military applications for a so basically to give every google project and the proper security and scrutiny really i guess in going over them before they before they approve them along the lines of what you discussed is going on in europe yes so at this point you know for the week that it lasted employees seem to be fine with the idea of the board in general until there was an announcement made about the appointment of kay coles james so why was that particular name something that created this huge

uprising other than the conservative connection. well to me it's the conservative connection you know the bias against conservatives that we see over and over and over again more than twenty three hundred employees of google signed a petition against her appointment to the panel of keiko's james as you said she's president of the very conservative group the heritage foundation a very fine group i might add in my opinion the petition called her vocally anti trans an anti l g q also anti immigrant and for good measure a skeptic of climate change so there you go everything they want to label most conservatives with and shortly thereafter a board member a professor at carnegie mellon last wednesday he quit and another member a professor from oxford said he disagreed with her appointment but he agreed to stay on and a day later no more board the plug was pulled so again this is so strange to me

because look if you disagree with someone's belief system which obviously is the case here that's one thing but what does that have to do with a development especially if we're talking about ethical guidelines what is being someone who does not believe in climate change the way that these other people do how does that disqualify you from being allowed to be on this board. well to me i mean a it looks like just flat out bias against a conservative from a conservative group now you could look at what has happened at google last june google announced it would not renew a contract with the department of defense they were analyzing drone videos to help them be more precise and kill their target better and that was using an ai called project maven that contract expired last month that was not renewed as google promised after the petition and you know the employees basically said keep google out of the business of war and last october google decided it would not bid on

a cloud deal called jet i again the u.s. military involved now there are technical issues with that one but you're seeing a trend no if the military is involved if the u.s. military is involved and conservatives are involved no good and that's a that's a dangerous trend well in so let's separate those two things i mean i see what you're saying so that google employees have obviously done this in a couple different cases right where they've spoken up and said we don't want to be a part of these projects but i think you have to kind of parsis just a little bit because certainly the belief that for instance if that technology is being used and people are dying as the result of it i can understand more somebody saying i don't want to be a part of that as opposed to someone saying well i just disagree with this person's overall belief system therefore they're not entitled to help make decisions about what i should or should not be able to do i'll give you the last word here yeah no i agree with you ben one hundred percent that they should be different they should be separate and obviously they're one is more serious of

a matter than the other but i think in the mind of the employees they're one in the same that she's evil the military providing help with drone strikes is evil and they fit in the same basket full of deplorable is quite possibly and i hate to see the company acquiesce this way to them quite possibly in their minds it is one in the same conservative commentator steve malzberg thanks the. much for your time thank you ben. well there has been progress that's what we're hearing from officials who have wrapped up the latest round of trade talks between the u.s. and china meanwhile china continues to fight another battle this one with the world trade organization refusing to give up its special and differential treatment to break it all down we're joined by r.t. correspondent alex made a hell of it shoes in toronto right now alex thanks for being with us thank you let's talk a little bit about this the u.s. china trade talks what is the latest here. well

a lot of positive vibes coming out the markets reacted accordingly everybody things look like on the up and up this morning this all happened last week three days up till friday talks between china and the us in washington d.c. so we saw some progress or at least the people that were there were saying so both on the chinese and the on the american side what we heard from the chinese side was there's still various effective means left to handle whatever's coming up now i don't know what that really means i don't think anybody on earth really doesn't the usual diplomatic talk what it what does it mean to be that they're going to talk some more ok that's the bottom line and the but it just looks like there's some positive moves have been made sarah sanders all right also she came out we know who she is the white house press secretary she said that it is significant work remains to be done i think we all knew that this is where it's going to stand nobody really expected things to be resolved by this point but they moving forward mean that

there was a good mood about this and as i mentioned markets are happy and markets are happy well the government's happy and they were happy as well thinking that things could get better in the upcoming months will this be resolved any time soon that's for them to make up their minds explicitly the u.s. government to china seems to be on board and moving forward with a lot of things that it did not that people here at least in when the western world thought that china you know this is one of those country you don't think is going to budge well it's but it's a bunch of the direction that president trumps wanted to get to budge and i think if the americans show a little bit of flexibility this could move forward a lot quicker than slower yes a president is getting more than a lot of folks thought that he would i mean it's just it's been a slow creep as you're mentioning you know as long as markets are happy it's unlikely that they'll need to speed anything up right because as he said everyone's happy but one area where the u.s. and china are kind of going toe to toe here within the china does not want to give up its special status and the u.s. doesn't like that is that correct. yeah battlefront number two us china so that

this has a wholesale trade obviously we know it's a massive organization and president trump for ages about spoken about it that it needs massive changes and the need to play or create a level playing field between nations now china doesn't like talk very much neither do a lot of countries here's a map just to give you an idea of what's happening here we're looking at seventy five percent or three quarters of all countries that are part of the world trade organization its members well they take advantage of something called basically that they're developing nations they're saying that they're all developing nations of the with that they get special status that china in china's eyes and the w t o z is a developing nation yeah they're the second biggest market in the world yeah they're the first biggest one country when it comes to export but they're a developing nation according to china so where does that where does that bring us basically that's the status of special and differential treatment that china has what that means it enables china basically to provide subsidies in agriculture and

set higher barriers to market entry which we know of and that's what a lot of people are complaining about especially the u.s. when it comes to getting into the chinese market when it comes to technology when it comes to all these other things we know that the way that china works up to now a lot of people complain about that is that if you bring in technology to try to what they want to piece of that too and that's something also that the u.s. and china are discussing between themselves but as it stands right now with the w t o china saying you know what we've got some people on board with us and that includes india also a developing nation happens to be the world's biggest economy countries like venezuela so they want to fight this fight the u.s. is saying come on let's be fair here surprisingly china to a certain degree is ok we kind of get your argument but we still want our cake and eat it too so that we'll see how this moves forward and i we're talking about seventy five percent of the countries in the. having this status it's going to be an uphill battle for president yeah that technology you mentioned that's why so many companies don't want to bring their technique. china you always want to piece

of it are to correspondent alex mann hell of it i think i stepped on your name the first time thanks so much appreciate you feel or think you. know there is a major media merger news out of the us today gizmodo media group they have been bought from univision communications by the private equity firm great deal partners gizmodo owns well known english language online social sites including the sports blog deadspin the humor site the onion which touts itself as america's finest news source it's a news parody site though some might say that gizmodo is to univision paid one hundred thirty five million dollars for the gizmodo group of media properties back in two thousand and fifteen the sale price in the latest transfer for the former gawker media group has not been disclosed that choice by the parties to the sale suggests that a great deal was acquiring gizmodo and a substantial discount from the price paid by univision while the internet has taken over much of our media making a profit has been difficult for a lot of media sites they should go to adapt old models to new advertising

platforms that are frankly dominated and controlled by both google and facebook. well time now for a quick break but don't go away because when we come back boeing stock is in a nosedive after news that the seven thirty seven max production has been slashed already correspondent rachel blevins breaks it down for us. plus is the right cheery moment fading or is it growing into something new hilary ford which will explain the future of funding for these companies and as we go to break here are the numbers at the closing bell.

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you don't need inflation so people like united states are saying like well why can't we just be like you. were for books with the just. the everybody used. cocaine you can smoke this is worth fifteen thirty. twenty. two this is about a fifteen people smoke this one figures. you can see these drugs in any city in the united states that you want long as you want to get it to. make money. and that's one of the.

welcome back there is yet another teacher strike making news today this time not in a major u.s. city but nationwide and in poland polish teachers represented by two major unions are now on strike after a week in talks with the government over their demands for a monthly raise of about two hundred sixty dollars produced no movement at all a smaller third union settled for a fifteen percent raise a leader of the z n p union touted the strike as poland's biggest since one thousand nine hundred three claiming eighty percent of polish classrooms will be affected by the labor action the ruling law and justice party is under pressure to follow through with pledges made in the ongoing election campaigns to increase education spending while keeping budget deficits under the european union's preferred limit of three percent of g.d.p. the rating agencies. has estimated that the ruling party's campaign proposals if an

acted would push that figure close to the limit two point eight percent. the brazilian business classes high expectations for the presidency of shareable so narrow may be coming down to ground level after hearing on the president's pension reform proposals became a verbal brawl the brazilian economy minister in the legislative from the opposition workers party traded insults as they attempted to debate mr bolton are as policy proposals the scene seemed to be escalating toward a fistfight at one point when the minister was removed from the hearing room those policies would include raising the brazilian retirement age for women from sixty to sixty two and the minimum required years of work from fifteen to ten while taking bigger contribution cuts out of work or paychecks brazil's investor class has made it clear that they expect both in our own presidency to declare her to deliver clear pension cuts but the fierce opposition and the minister's impolite response to the heckling raises questions about whether or not that project is even feasible

. or boeing has announced plans to cut back production of the seven thirty seven max aircraft after researchers found mechanical problems in two major deadly crashes that killed a total of three hundred forty six people we reported on that first lawsuit over that the second of those crashes the ethiopian airlines flight three zero two was filed last week in chicago filed by the family of one of those who died a public health researcher who died in the crash rachel blevins reports on the latest fallout for boeing as its stock loses. boeing's troubles don't appear to be going anywhere anytime soon and they now include a lack of trust from the public and a lack of confidence from investors boeing stock has continued to plunge dropping nearly four percent in early trading on monday as x. parents began to conclude that the company's problems with its boeing seven thirty seven max jet are worse than previously thought a preliminary report has been or. at least one of the two deadly crashes involving

the aircraft that have occurred in just the last six months is shows that the crew on board followed all of the instructions from boeing and did everything in their power to prevent the plane from crashing but they were not able to overcome its mechanical problems in response boeing c.e.o. is now admitting that the flight control system on the seven thirty seven max had significant problems that led to the fatal crash is the full details of what happened in these two accidents will be issued by the government authorities in the final report with the release of the preliminary report of the ethiopian airlines flight three hundred two accident investigation it's apparent that in both flights the maneuvering characteristics augmentation system known as an cas activated in response to erroneous angle of attack information boeing officials have claimed they are working to update the plane software to ensure that the problem is corrected until those updates are approved and verified by aviation authorities

boeing plans to cut back on production of the seven thirty seven max starting this month but it should be noted that instead of producing fifty two jets per month boeing plans to produce forty two small decrease that has led to many with questions about whether boeing is doing enough the company's standards have also been called into question after reports revealed that the planes involved in the deadly crashes lacked the features that could have helped the crew when the flight system started malfunctioning both an angle of attack indicator and disagree light which would have alerted the crew to problems that the plane sensors were not included because boeing charged extra and because they were not required by aviation authorities the families of the nearly three hundred fifty victims who were killed in the crashes are now left with countless questions they have started to file lawsuits against boeing arguing that the company should have done more to prevent these days. crashes so with a decrease in production

a number of lengthy and costly lawsuits and a lack of trust from the public boeing could be facing an uncertain future as hundreds of grieving families struggle to move forward with very few answers in washington rachel glove and art c. . well there is no question that ride sharing services have completely changed the way that we all live and work and even play goober did this through something called the blue ocean theory have you heard of this instead of competing in the red ocean where all the sharks fight each other over establish space they went out into the blue ocean and created an entirely new space well it was blue now the ride sharing frenzy is here and with increased competition popping up pretty much every day in fact one of the newest competitors in the now red ocean of ride sharing is grab a southeast the southeast asian tech giant known for

a ranger transport focus services including hailing ride sharing food delivery and logistics they're basically a little bit of everything and greg is now fully around raising another one point five billion dollars from soft thing taking it series age round to an incredible four point five billion dollars joining me now to discuss is hillary ford which the c.e.o. of stroke mark hilary thanks for being here pleasure ben so grab let's start here position itself kind of the evolution of the right cherry market right adding a little bit of everything to what it is kind of becoming the all that one app is that what's drawing so much interest from major investors we're talking about you know microsoft toyota hyundai these are not small groups that have gotten on board with greg right with the amount they've raised of course that all small absolutely you know what they're looking to do band if they're looking to be the super app and that is they want to be the app for everything what they want to own right now and then probably it will be the entire world they want those six hundred million sets of bibles in asia so you know how many that is a. the asli and what they want is this will be when you look at your phone every

aspect of e-commerce from banking food ordering as you just mentioned and ride share that's what they're trying to do become a super so it's no wonder that everybody else is wanting to get in on the action and be one of the investors and of course when you have a an interview like goober that came along with way beyond i think everyone's expectations were out in the group of the but he with. nobody wants to get left behind on this one yet and of course everyone wants to be a super not sure you can necessarily pull that off but i would want to be that's what they want to be yes absolutely when you look at look at the reason i lift i mean in some ways it's somewhat you know there are nuances to it i would say and i would say that you look at this you look at the fact that this is the first time really with this i.p.o. with a lift it's the first time we've really been able to look under the hood nobody really knew the business model of how these righteous services made money you know when you get into it when everybody knows you pay for it you pay for it by the hour you pay for your ride but what is the profitability behind these services and these

public transportation services under the hood means we get to see how they operate and how they get to make their profits and think about facebook i mean nobody really knew how to facebook make their money when they were giving everything for free then we learned with the consumer wow with the product so that's what the little bit of the the interest here is the sea under the hood now there are investor jitters i mean if you look at pinterest of course the year of the i.p.o. somewhat now come out a little bit of a shock it was in two thousand and seventeen valued twelve billion right now they said actually just today they coming out at fifteen to seventeen dollars a share do the math and that comes out at something like eleven point three billion which of course is a bit lower but isn't the reason part of the scare off or what just happened with lift i mean lift trading at seventy five dollars a drop this exact right even today it's down was another three percent from that initial offer price so is that a realism that some of these other companies are looking at tech companies and say look we thought that we could shoot the moon right. can't so how are we going to

really protect investors who are stepping in the beginning of the i.p.o.'s when you say can't the real can't. but now the comment is what is the scale ability what is it that's what everybody's looking at looking at scale ability they're looking at the profit the actual business model what is the business model behind this what i would actually say is i would say look at two things and two aspects is sort of like these these these contradictory polar forces that are pulling at each other on the one hand no one including you mean no one wants to miss out on the opportunities we did like you know who's investing in google initially and microsoft and don't forget of course you have warren buffett was famous as saying if i can't touch it feel it don't understand i'm not investing in it so a lot of us used to feel like that and we missed out now real also and all the major investors are the generation that remembers that dot com bust and i think those are the polar forces band that are at work here one thousand nine hundred forty two thousand we saw that big bubble exploded we saw the dot com bust and investors have just as based on those two polar forces obviously the dot com bust

a little bit different than some of these you make a good point but different than some of these actual companies for instance right sherene company right has a very tangible product even though you can't really hold hands of a product like we said but we we don't know the profit model that's what i was under the hood is the first time ben you tell me nobody knew and just think about it you know pinterest is losing sixty three million a year which is nothing in the industry sixty million for the lot to you is a right of it to me but sixty three million ben is nothing in what these companies a losing everybody knows that jeff bezos was able to hold out and he was able to hold out for long enough to give everything away all those books for free so everybody now their automatic reflex is to go on to amazon director things that's the question how long can it investors stomach the losses interest real about thirty seconds of a picture is a little different to me something's tech companies because i'm not sure how they're there monetizing the other side of it and how they have a driving advertising mainly the major the bulk of their income gaps that they're still losing fifty three million or so which are they could beat also. with the giants like google and facebook ward on lockdown so much advertising that you're

trying to wedge your way in to the red ocean i get what i get now about to get absolutely hillary for which they do it so much for being here pleasure great insight a bad. and that is the bus for today now remember you can catch boom bust on directv channel three twenty one dish network two way or streaming twenty four seven on the political t.v. ads the free t.v. at channel one thirty two there or as always you can to hit us up at youtube dot com slash boom bust r.t. we'll see you next time. u.s. veterans who come back from war often tell the same stories. we're going after the people who were killing civilians they were not interested in the wellbeing of their own soldiers. they're already several generations of them so i just got this memo from the circular defense's office that says we're going to attack and destroy

the government in seven countries in five years americans pay for the wars with them money others with their lives if we were willing to go into harm's way and willing to risk being killed for a war surely we can risk some discomfort for an easy dance for. after the previous stage of my career was over everyone wondered what i was going to do next the book different clips on one hand it is logical to go from fields where everything is familiar on the other i wanted a new challenge and a fresh perspective i'm used to surprising. or not if you think. i'm going to talk about football not for you or else you can sink i was going to do . by the way where is

that the. trump administration finds their fresh salvo and its european allies pledging to hit e.u. goods with terrorists worth as much as eleven billion dollars the move comes in response to the block subsidies for boeing rival. the world's toughest internet laws to the u.k. government and bell's plans for a new independent watchdog to regulate the web. the era of social media firms regulation themselves is over it's time to do things differently it's time to keep our children safe. and tensions ramp up between the united states and iran to ron brown's american troops in the region as terrorists a response to washington slapping the same label one who grants revenue.