five hundred more injured the sri lankan authorities have since apologized for failing to prevent the attacks after receiving several warnings so that's how the news is looking so far what have the latest on that frankie trunk a bombing investigation the top of the next. tease hollowed out how to have an international memorial awards twenty nineteen are now open for entries the media professionals are eligible whether you are a freelance journalist work for all terms of media or part of a global news talk to participate in sunday's show published works in video rich and. go to war dot altie dot com and enter now. one else seems wrong why don't we all just don't all. get to shape out these days become educated and engagement equals

betrayal. when so many find themselves worlds apart we choose to look for common ground. facebook and google started with a great idea and great ideals unfortunately there was also a very dark side. they are constructing a profile of you and that profile is real it's detailed and it never goes away turns out that google is manipulating your opinions from the very first character that you type into the search bar there will always be one dog food over another one comparative shopping service over another and one candidate over another they can suppress certain types of results based on what they think you should be see if

they have this kind of power then democracy is an illusion the free and fair election doesn't exist so the more growth we give them the sooner we're all. broadcasting around the world covering all aspects of business and finance and how it affects you this is i'm billy and our bar in washington d.c. we're glad you're on board coming up. the trump administration is hardly iran yet again this time that it's caused hairs on countries you they are ronnie and oil hillary for which a market drilled into the headlines to see just how this move affects other nations

plus huawei is managing to afford despite constant pressure from the united states . logged on to break down while ways from relative obscurity to a household name and finally walk again is making major moves again with legacy institution jeffrey tucker of the american institute for economic. research lends a hand to break down all the latest watch chain is all of that directly ahead but first we had some headline let's go. a tightening of the screws on our on lees our global report today as u.s. president donald trump puts an end to exemption for sanctions against the oil nation previously eight countries china greece india italy japan south korea taiwan and turkey or granted waivers regarding the u.s. sanctions against iran energy sector now the white house has announced that president trouble will not reissue those waivers effectively making those nations subject to sanctions under u.s.

laws as of may second white house press secretary sara sanders said this decision is intended to rein iran's oil exports to zero u.s. secretary of state mike pump a claim that iran's regional rivals saudi arabia and the u.a.e. are working with the u.s. to boost oil output which would offset the loss for more we're joined by hillary for which the all of straw mark the guide to having a hilarious iraq so right now by not be issuing these authorities when they expire president trump is effectively trying to bring iran's oil exports down to zero and denying this regime this principal source of revenue is that he's trying to bring them back to the negotiating table tell us exactly what is the u.s. trying to achieve by doing this or by trying to do this i would give the analogy chrissy's kind of like having the new principal in town you had a nefarious norty student who has been bullying and terrorizing all the other students actually for decades if you look at it no american administration and no

one has really put their foot down with iran and what this is doing and by the way the forget these s. always they have to be renewed basically every six months so all this is doing is putting a foot down what does it mean it means that this student this northeast in the cloth should now have to comply and become part of the global community and that's what this is about is trying to get the iranians to comply. so events right now are moving in a very confrontational direction and iran may shut down the strait of hormuz as a retaliation and that would be the world's most busiest transit lane for seaborne shipments for oil right now its response to our four hamley thirty percent of the world's oil exports daily and shutting this down could be disastrous could something like this happen if events were to escalate or certainly this maybe could happen but just remember this you know the iranian regime they may be nefarious they may be certainly not stupid and they're not and they're not as a nation they're certainly not suicidal so what would this mean yes you mentioned

thirty is maybe thirty thirty five percent of the world's crude oil goes through the strait of hormuz that something like seventeen million barrels a day a huge amount of oil now all different nations would be affected and they know that they are now desperate for their few allies they have in the world they're not going to impact all these other nations so really this is brinksmanship and this is blustering on their part what are they supposed to say of course they're going to say this but again they don't want this to escalate they also know should this lead to a military confrontation confrontation they know the u.s. is has overwhelming power and they know this would just be ludicrous and suicidal as a nation that the regime there does not want to undertake a battle with the united states if not a battle what would the alternative be what moves do they have now will they need to comply and the demands some people have said that these ludicrous but go to the global community what does the global community want the global community does not want terrorism the global community does not want this again sort of like naughty

student and i think what it is we've got a new principle in town and the rules have been the rules are being strengthened and i think that the expectations of the u.s. administration on not in any way absurd i think the actually quite reasonable and i think the most nations in the world know that so there's not a student is essentially just trying to toe the line to see how much they can get away with right now again they've been. bullying and to arise in the world for years and no one has actually had either the guts of the confidence or the bravado to stand up to them and this is what's happening now and i think difficult the financial pressure on these sanctions are going to really crush the regime the regime and they won't want to have the nation penalized any further as well unfortunately there are other countries that are affected by this country such as china and india grab some of iran's biggest clients of these oil exports so how are they reacting or don't forget their allies so in this situation iran is even more desperate to have their allies comply so what do they need they want their allies to get on board what i would suggest is if we took a back to kind of

a student analogy what we need those allies to do we need those allies the pressure iran and say look we are your ally comply and actually which nation wants and if you look at the very sad events over this recent weekend the terrorism of religious sites look at the impact that's had the global community does tend to rally when it comes to a global bully and what iran really wants what they want to become is they want to become part of the global community what do you need to do to become part of the global community comply with the demands of this administration and stop the terrorism and stop the halting of funding of such terrorist groups like hezbollah etc. now finally we have like a really interesting report out from halliburton saying that they expect international offshore drilling this year to rise double the estimates of slumber jay. fourteen percent actually so right now i think u.s. is trying to reduce its dependency on foreign exports but we're currently importing about a little less than ten million barrels of oil a day so is there actually

a dent being made by the after of drilling will there always be a dent yes absolutely i would say think about it again it's not just the offshore drilling there's offshore drilling but also as an immense amount of fracking going off on throughout the dakotas in the u.s. and what has not yet opened up but when that does they'll be even more oil what we've done is we've made sure that there is that extra production and we don't forget we have extensive reserves and my last comment is look chris. no incumbent wants the price of oil to increase the average person and including me you everybody all of us we all know what the price of gas is at the pump why do we know because it's something that touches our daily lives so this is ministration is not going to want the price of oil to for let alone increase i predict there will be short term pain i think americans will feel this in the short term in the long run to also question specifically offshore drilling will offset it in addition to all the fracking and all the other production in the united states hopefully we see that oil is at an all time high so we definitely are going to pay and hillary for

which the c.e.o. of strong mark thank you so much for your insight because you're pretty. a presidential phone call to libya is moving all markets last week u.s. president donald trump effectively reversed u.s. policy with a friendly phone call to libya or large khalifa huffed our who is the head of self designated libyan national army and is currently threatening to take control of tripoli by force the phone call reportedly happened last monday but was not publicized until a white house statement on friday the white house statement praised mr hough tar and alluded to a shared vision for libya's future sharing a vision for libya with colleagues who reportedly was sponsored by the past by the cia would be a break from u.s. policy of working with the united nations to stabilize the so-called government of national court which is now under attack by mr howard tars forces the prime minister of the g.n. a warrant in an e-mail to the wall street journal oil prices usually rise if wars or unrest occur in oil exploiting countries. despite assurances them from the

u.s. . despite criticism from the u.s. and some of its top allies chinese telecom giant weiwei is posting impressive gains and revenues allegations of spying only seem to push the company to higher international profile and brought more of the attention to much how to change over to five g. r.t.s. alex mahela legend joins us for more. hi alex hello there so we got a lot to get there today huawei that he did one. humanitarian support came in and things are looking really good for the company tell us about it. yeah well he's performing really really well almost forty percent up year after year that translates to about twenty seven billion dollars profit margin of eight percent a little bit better than last year so we were seeing definitely that was a way is moving in the pluses looking when you compared to other companies that are

also focused on smartphones as a part of their a bigger scheme of things a wild ways really kicking but there's no other way to put it samsung for example we talked about just a few weeks ago samsung is not performing very well there it is part of sort of stagnated with sales numbers and their numbers are not really showing anything that is of interest to investors especially if this is what is the leader even companies like apple hey i got an i phone but it looks like i'm behind because apple right now by the end of this year by their i should say by two thousand and twenty. surpassing samsung and already when it comes to apple why is selling more phone so what weighs doing well when you look at the business side of things that's for sure so the c i actually allege that has received funding from china's state security apparatus and falling in line with previous allegations of spying by the company so

how while we've been able to fight off all of these accusations from the u.s. government and friends. it's interesting because you know it's been a sort of a relentless campaign by the u.s. they even put out a road show where they went around europe and other countries saying hey get off the wall way you know they're spying on you but these are all allegations and here's when you break it down what now what d.c.i. saying and this is intelligence that they shared with britain they're basically saying that while we had taken money from the people's liberation army that's the chinese army the chinese national security commission and a third branch of the chinese state intelligence network. so what you know the united states says we're trying to work with google and amazon we know that amazon is on board with working the u.s. military so countries do that why are going to stop buying or stop using amazon or google because the american government or the american military works with them are other countries trying to boycott google or amazon because of that you know this is

just the way it works while we happen to be in china happens to be a company that's going to work with the chinese government as well there's really nothing there that is so diabolical or something that we should really be afraid of we also have to look at the fact that like i said these are allegations we're not working with anything really that's proof you know with the u.s. government come out and said hey here's proof of what's going on and we've only heard them saying that you've got to watch you've got to watch out there that could be spying and now with this five g. technology rolling out the you know that they're adamant about kind of shutting down this company is this a part of the trade to trade war with with china it could all be a part of the bigger equation but the u.s. is really actively looking to kind of close things down and we have a map here is going to give you an idea of exactly what this looks like a countries that have banned while away so so far it's the u.s. it's australia and countries such as. sorry japan japan and it's a big one there because japan obviously japan when it comes attack you know they

want to keep it in their interest that the tech the tech nation so other countries are mulling it over like canada new zealand but so far not too many people have joined the bad bandwagon or actually not too many countries. fascinating thank you so much for your insight as always r t correspondent alex thank you thank you. time now for a quick break but hang here because when we return law chain is making major moves with legacy institution. american institute for economic research lend us a hand to break down all the latest black chain news and as we go to break here are the numbers at the close.

in a world of big new law and conspiracy it's time to wait to dig deeper to get the stories that mainstream media refuses to tell more than ever we need to be smart we need to stop slamming the door on the shouting past each other it's time for critical thinking it's time to fight for the middle for the truth the time is now for watching closely watching the hawks.

for the good old if you don't sort the rulebook. it's difficult to do. so because you didn't sell something with just room if you go back to cuba. or you make it back for some work the playing of a don't drill. among the. us and the money. to build them over to you before your next if you're that seventy four whistle like me that go through the security council before you go. oh. i think they're. going. to appear to

a little. while the closure we're going to be doing. that we are it is the to say to the pacific that this is the last to stop the depletion of additional forces that. welcome back their crack heinz company has named a new chief executive officer and hopes of turning the page on recent troubles in february the company disclosed that investigators from the f.c.c. had opened an investigation into accounting practices at crap time while slashing its dividend by thirty six percent now in the wake of those and other setbacks current c.e.o. bernardo he's will bake at the top job and be replaced by former anheuser busch

marketing director miguel patricia shares of crap heinz rose in early trade morning trading on the news but the company would have to rebound twenty percent to a versus decline in the first months of two thousand. being. india's second largest airline jet airways has suspended operations and workers passengers and other stakeholders are scrambling to deal with the consequences jet which says the shutdown was temporary was compelled to do so take drastic steps last week due to liquidity problems the company is now reportedly under the control of a group of investors led by the state bank of india the vice president of national aviators killed told the economic times of india's workers are ready to be flexible on wage demands in order to help any new investors or owners to get the company back off the ground an activist has filed suit seeking to ensure that passengers who have purchased tickets on more than one thousand suspended flies are either given refunds or allowed to reschedule. there are more details on the peruvian

angle of the sprawling international scandal around the brazilian construction firm older brecht in the wake of the suicide of former president alan garcia the two time former president shot himself in his home last week as police waited to arrest him on charges of receiving corrupt payments from motorbike officials now peruvian prosecutors are describing a corrupt network they say took root in mr garcia second presidential administration and received millions of dollars worth of kickbacks. the allegations of dirty dealings are detailed in a new forty four page order for the garcia arrest which places a top mercia aid and has transportation minister near the top of the scheme. because it is holding steady around the fifty three hundred dollar level from its

run up earlier this month the total market cap of the crypto industry is back to around one hundred eighty billion with bitcoin making up fifty two percent of it trading between fifty one and fifty three hundred there's no clear breakout yet last time we checked in mc lyte has just broken the fifty one hundred and the two hundred day moving average very k. technical levels we are hoping to see bitcoin form a golden cross where you see the short term fifty cross over the two hundred signaling a bull rally if they're going to hold the fifty two hundred for another week we could see that the last time we saw the golden triangle was in october two thousand and fifteen and that started the ball rally where we saw bitcoin gain more than sixty seven hundred percent. we're seeing some very good momentum here and gains are holding we aren't even coming down to retest the two hundred day so we're getting some very good short term confidence and short term risk taking the volume isn't a substantial but it's rising and rising at higher prices it looks like we can hit six thousand soon but i would be cautious here previous support becomes new

resistance and six thousand was a huge level of support years worth of support this will be difficult to break and i anticipate an initial read rejection and a pullback before we try again here to help us take a closer look at the markets as geoffrey talker editorial director of the american institute of economic research. i see you so jeff were saying big point leave the entire market higher but increasingly we're also starting to see a decoupling within the top twenty points this is very unlike last year where they're becoming less and less correlated with bitcoin what's driving that. well what's driving it is decentralization of the crypto markets a big problem with bitcoin but also called b.p.c. is that it's actually not a very usable token right now it's very expensive and very slow incredibly that problem has not been solved even though it's now you know the problem has been known about for four years so you seen these other assets come in and perform just

in terms of speed and ease of use and expense and i think this is inevitable in the crypt market and so long as the b two c. is going to adapt to the technologies that fix the stuff but they're still in the experimental stage so if you look at the market cap of the industry in general it's up like two hundred fifty percent from its lows and december. to see itself is up about sixty two percent which actually compared to the to the bell jones industrial average of twenty three percent since december lows but what's funny to me and it's actually kind of funny for a personal. you follow the markets very carefully. because encrypt in general still suffers on a kind of i would call it like a psychological debilitating state or everybody is comparing the current price to bahais which were a fluke and so even now i think the wall street journal ran

a headline a couple of days ago the something like. the bleeding the carnage in the crypto industry continues i'm looking at that thinking where is the evidence of that is actually not true but it's because the crypto markets picked out you know and december a year ago and you know that was you know that was continues to be the top briefly it touched twenty thousand dollars and people are still suffering under this delusion that it should actually be that so it seems to be a pretty decent opportunity to move into the markets at least from the way i'm observing it i think you're right we've consolidated a lot of again so the last several months and we might be prepared for something like a bull run again you can't say for sure of course yeah you're right people always come used to compare apple and amazon microsoft to the highs back in the early days and it taken that like almost a decade to actually surpass the hi hi yeah that's right and so even now it's funny to me because i have been writing about this since about two thousand and thirteen

it does get frustrating because you look at the obituaries for this asset and they keep pouring ended up like every day people are like oh this is it didn't work it's terrible well you know i think you look more objectively what you see is a conventional trading patterns that you're going to see in any kind of dramatically emerging technology same as. in the late ninety's and early two thousand as following the the same exact pattern i don't think there's any reason to panic about it i mean obviously the technology is not only brilliant but it's very much needed in today's today's world where all of our remittances technology and into big transfers are stuck in. like the eighty's and ninety's level technology dramatically women in desperate need for something big to happen and i think probably blocks and technology is that very thing. speaking we've seen a very harsh battle we've seen a very big battle between big point cash a.b.c.

and declining cash as we and this was used to be a hash wire now turned into the exchange delisting war and it has gotten very nasty so give us the latest detail that has been attacked the industry. well thank you for asking that question which sounds a little obscure to people but what happens the big point cash was a fork of core and then of course b.c.h. then forked again with another theory of the size of the way the block should be sized and it was kind of a different perspective everybody claims to be carrying on the genuine vision of toshi but that was a bloody battle between what is now called b s three and b c h and it was it was kind of painful to watch on the other hand forks are just part of the industry is part of the market process rolling itself out there was a lot of carnage that resulted from that thing but i think as you look look back at it the market sector has separated itself very well but the people who love gigantic walks are already in

a b b and that's that's fine. your perspective and the people who want more careful sort of roll of a block size to keep up with the transaction volume they're rallying around b c h the people who believe in just holding that old fashioned. thing called the big question. they're the hollow crowd and they're in with that and if you if you're interested in this and you join twitter your feet can fill up all day with people to be out each other it's a good old fashioned sport out there and. it's very exciting it actually. has been a very interesting battle to watch to see who do list. who has b. i actually just the listed a.b.c. and they are for us visa that was very unexpected move by their on their part. that's right and depending on which exchange you use you're going to you're going to rally around that exchange on the other hand the really hardcore people sort of forget the exchanges you should this hold your wallets jeffrey talk or the

editorial director at the americans or super economic research thank you so much for joining. pleasure. that that by this time you can catch who must on directv channel three twenty one dish network to eighty or streaming twenty four seven on pluto t.v. the free t.v. channel one thirty two or as always tell us about you tube dot com r.t. next time. after the previous stage of my career was over everyone wondered what i was going

to do next the different clubs. it is logical to see them fields where everything is familiar on the other i wanted a new challenge and the fresh perspective i'm used to surprising. you. i'm going to talk about football. or else in the sink i was going to do. by the way what is it that. there was.

no. breaking news just an initial price even to sunday's deadly bomb attacks in sri lanka claims the atrocity was in retaliation for last month's. meeting of the. n r c investigation shows the links between the us government facebook is the social media giant into jaycee's its new general counsel who is a legal adviser at the west state department us. live ready to call to kill if they have a gun ready to shoot and kill. a famous bodyguard from germany. has become an epicenter of a criminal ethnic clans and why it is so difficult to deal with the issue.