we were very surprised that we were summoned because it's unusual for journalists to be treated in this way we were summoned yesterday morning for disclosing national defense secrets we were told from the beginning that we were not there is journalists and the case would be decoupled from our role as journalists i think the freedom of speech needs to be supported by as many people as possible this is not an isolated case there have been many documented instances of intimidation especially during rallies. a 4th journalist has also been summoned as a witness in this inquiry over whether these journalists compromise national defense secrecy it's provoked outrage from human rights organizations the undersigned n.g.o.s consider the information unveiled by disclose and its partners to be of essential public interest the threat of prosecution against the 3 journalists constitutes an on exceptional threat to press freedom and the protection of journalistic sources $37.00 media outlets in france have also voiced

support for their colleagues saying they would just doing their jobs the fear now is that these actions could constitute pressure on journalists particularly in a bid to reveal their sources something that would break the professions code of ethics. paris. and i'll be back around 30 minutes time with more global updates but do stay with us for us which is up next on our. u.k. . what they call in the coin is magic and a new type of digital currency decentralized digital scarcity chancellor bring a 2nd bailout for a bank that's called the genesis block for a reason they're calling it. this will be

a source of optimism because i can control my own financial destiny it's just a new way of coming to consensus it's a game changer in the human history this is columbus discovering the new world this paradigm shifting technology that transforms economics and finance in a heartbeat the apollo 11 landing on to the max and stacey. this is a story about what happens auster a stray bullet kills a young girl in the streets. what happens to her family daughters in florida another mother daughter is buried in a cemetery it really messes with your head what happens to the community the public was screaming for a scapegoat the police needed a scapegoat so why not choose a 19 year old black kid with a criminal record who better to pen this than him and what happens in court.

shocked shocked as far as i feel. we don't know just for the. end of this trial fortunately you. know children. this is boom broadcasting around the world and covering the world of business and finance and the impact on us all. and i'm christy i am watching him today and we dive straight into the shell by taking a look at the markets in the wake of rising to a tension. take a look out into. dropping short of points off the open thursday morning as u.s.

china trade worries us chip makers are taking a beating as they lose their biggest customers huawei purchases $23000000.00 worth of sonny's each year loss of this business would severely reduce the competitiveness of the u.s. semi industry manufacturing pm eyes today fell to $50.00 now that is a 9 year low china now is taking a stronger tone with congress ministry saying talks can't continue unless us addresses its wrong actions the s. and p. is down 4.6 percent and the dow is down 4.8 percent in may both on track for the worst may since 1970 here to fill us in on the markets just r r t correspondent alex mahela bitch and rachel london's welcome guys. so rachel we want to start with you how have the software and technology companies responded to the news to the us that blacklisting huawei well so far

toshiba which is based in japan and qualcomm and intel which are based here in the united states have all the notes that they will be cutting ties with wall way as a result of the united states calls to blacklist the company now panasonic which is also based in japan and initially it looked like it may be cutting ties with wall way in suspending business transactions but it has come back around to say that it will continue some of those transactions because they still comply under u.s. law now google also walked back claims that it would be cutting ties with law way and it has said that it will continue to provide software updates to all way phones for as long as those still comply with laws here in the united states so it is notable because as the largest telecom equipment provider in the world walt way provides a lot of opportunities for these companies so it's interesting to see that those companies are willing to cut ties with wall way in order to stay. good gracious

graces with the united states government and rachel we heard some comments from the chinese foreign minister in the introduction there were also we hearing from the chinese officials about the united states decision to blacklist wall way right so when the united states came out and started to go after wall way it claimed that it was doing so because it was a national security risk here in the united states and it is notable because in response to that china is still calling for trade talks with the u.s. has spokesperson for china's commerce minister came out and he notably said that by going after wall wave the united states was creating its own global national security risk that could have serious consequences overall but he also said that china is still open to trade talks as long as the negotiations are fair and bill and mutual respect. so rachel we know that right now this is going to be a huge impact to the u.s. software business how how severe is this going to be for the broader u.s.

tech market well like you mentioned they stand to lose around $20000000000.00 in cells just from semiconductors so this is something that could have serious reffer questions and it remains to be seen just how those companies will continue to act if they start to lose profits as a whole and if the united states government will step in to help them out or will change it. changes the dealings with wall wave based on how those profits line up and our correspondent rachel blevins with the latest thanks for your time thank you . the party of the indian prime minister narendra modi is on track for a stand alone majority in the lower house of the indian parliament candidates for mr modi's bharatiya janata party b j p are leading or have been declared the winner in 300 races while allied parties will have a few dozen more seats of the b.a.p.'s dominating majority the sun 6 index in

bombay rode the election results to a new record high spiking up by 2 and a half percent on the news mr modi hailed the result tweeting together we will build a strong and inclusive india india wins yet again mr modi has victory came despite notably mixed results for his government on developing the indian economy so now for a quick pause for the promotional cause but stay tuned because on the other side in the wake of the crisis in the us bipartisan efforts are being made to try to get the peddlers of some of the most dangerous drugs on the market barrels of america's the lawyer will be on hand to help us comb through the case what are some of the past point investments on the market. and terra cotta gives us his perspective after the break and as we get a break here are the numbers that are causing. it

was only days ago we were told the u.s. was preparing to strike iran for nonspecific reasons to deter nonspecific threats then the narrative simply disappeared and just exactly what is the trumpet ministrations policy regarding the red. of the tense situation in venezuela is still all over the news the problem in venezuela is not that socialism has been poorly implemented but that socialism has been faithfully implement for inside venezuela things look different we're going to announce sanctions against. venezuela. have a supplemental. down. to keep the.

focus on the who story is a new nixon henry kissinger to tell him not be tolerated in latin america. terms of economic and social system could take hold and therefore the policy would be to make. the economy scream so once an economy of venezuela screed. there's a cyclical nature to things there's the globalization there's globalization there's lowering interest rates there's rising interest rates so when the interest rates rise. the impact will be instantaneous.

welcome back the brazilian government has lowered the country's official economic growth projections for 2019 by more than half a percent the economy ministry now says it expects growth of 1.6 percent for brazil this year versus previous expectations of 2.2 percent growth at the same time the ministry also revised projected inflation for $2900.00 slightly upwards from 3.8 percent to 4 point one percent the new figures seem to have convinced brazilian policymakers in the boston area administration to hold off more budget austerity measures an official from the economy ministry said that there would be no more budget freezes this time around as there were when the last bimonthly economic report was released. and pakistani officials say that saudi arabia has agreed agreed to defer $9600000000.00 in payments for oil shipments for 3 years pakistan would have had to pay $275000000.00 per month for the oil if the saudi monarchy had

not offered the financial reprieve the latest credit package is a significant addition to the $6000000000.00 saudi loan to pakistan and the government of new prime minister prime minister in iran khan that was announced last october there are cons primary economic advisor fees shaikh thanked saudi crown prince mohammed bin solomon for the deferred building on twitter the saudi crown prince is widely believed to be wooing pakistani leaders to maintain current relationships with the united states and support a peace deal with the taliban in. neighboring afghanistan. from $48.00 countries around the world are pushing social media companies to regulate paid social media influencers who promote tobacco use to be clear the groups are targeting new so-called heated tobacco products to deliver doses of nicotine to users by warming that's about go to a temperature below burning these devices are distinct from vaporizers which use nicotine liquid or salts to deliver a dose of the addictive drug to users the public health advocates say that the

practice of paying social media influencers to recommend or feature the tobacco products exploits an apparent loophole in policies that social media companies but bar the advertising of tobacco and nicotine products even worse the group say the choice of social media influencers is effectively a means of targeting youth and children for cancer causing tobacco and addicted to nicotine products on the heels of a shocking report j.p. morgan chase and co has cut ties with purdue pharma over the oxy makers alleged role in the u.s. opioid crisis the report from the members of the u.s. congress says the world health organization has been corrupted by purdue pharma and the company is using the trusted health agency to sell more opioids around the globe and the long line of legal problems facing the pharmaceutical company legal journalist molly book barrels contributor with america's lawyer is here with more. market molly. hi thank you so much other problems just keep piling up for

produce pharma and j.p. morgan chase cutting ties as happened just today is just one of the most recent things that this company pharmaceutical company has been facing j.p. morgan essentially saying we're worried about reputational risks and even though they don't provide financing they do manage some cash and other business transactions so they have given a morning they found another bank to help them with those things but they are definitely distancing themselves and as you said it comes on the heels of this report from congress where it's a it's originally from these representatives katherine clark and how rogers. represent districts in massachusetts and kentucky 2 states of course hit hard by the nationwide opioid epidemic and these representatives are investigating the addiction crisis and they say their findings reveal that produced pharma the company that kick started the u.s. opioid epidemic although they deny that managed to convince the world health organization or who to change her scribing guidelines on the highly addictive painkillers all the sales around the world so the report is called corrupting influence produced and the w.h.o.

in it they talk about a web of influence pharma funded organizations and specialists who influence the health agencies policy on opioids and of course encourage them to prescribe it far more loosely and as a result they say who which is a trusted or once was anyway a trusted organization is basically marketing produce pills for them they say who's guidelines for prescribing them mirror produce marketing strategies which are of course geared towards boosting prescriptions and making more money so they use examples like 2011 guidelines that report repeat produce discredited claims that there is no need to fear accidental death or dependence on opioids and we now know that that is certainly not true even in 2007 the company pleaded guilty to a criminal offense of false marketing with similar claims including telling their training sales reps to wrongly claim that the drug was less addictive and even more effective than other opioids so it's going to be interesting to see what other fallout purdue has from these continuing accusations guys and certainly in this

report produce farmers for him is the main villain but it also implicates the w.h.o. as you say if they have been corrupted by an outside influence it certainly doesn't reflect well on them what is the w.h.o. have to say about this report in their defense. so far not much they're basically reviewing their report and i guess they'll take a look at that and hopefully eventually respond but these congressional representatives have been trying to get a response from w.h.o. for a couple of years they sent a letter a couple of years ago. from congress basically saying hey look out these pharmaceutical companies are going to be manipulating you to boost their sales and push them globally and they specifically warned about purdue pharma and monday pharma international which is a u.k. based network of global companies owned by members of the sackler family which owns produce pharma and these congressmen urged to to learn from the u.s. opioid epidemic which of course has claimed 400000 lives over the past 20 years half of that due to overdose deaths from prescription pill so some of these details

that are coming out of this investigative report are chilling and they mirror similar accusations that are coming from lawsuits from attorneys general against the company from across the globe as far as these you know pitching these opioids is safe when they really downplayed the risks and oversold how effective they are so here are some of the details that they're talking about that they found with the w.h.o. welcome and for treating pain their original recommendations used to be hey guys start with a combination of non-narcotic prescriptions with low strength opioids before you progress to the stronger strength ones then they change as guidelines this report says not necessarily do that just to go straight using high dosage opioids like oxy cotton and the report also says that w.h.o. had documented on opioids they have another documented they use on opiates for children which use a term like opiate phobia and that's a term that the industry uses to break down resistance to prescribe

a narcotic painkiller so it seems like this is a real concerted effort at least according to these accusations produced pharma to basically manipulate w.h.o. into carrying their message yeah it sounds almost like those old timey you would see you at a time when methamphetamines were actually sold as an aid for homemakers to get their job jobs done every day. to see how far we may not have. contributed to america's yet thanks for the. thank you. but klein has been on a surge recently but it started to slow down at the 8000 level double topping 8300 and failing to punch through we see big point consolidating a little bit and taking a breather pulling back which has a lot of traders a concern in the near term of how far will we drop this time we've had support coming in at the 7400 back here on may 17th so we might go back there and retest

that support level but before we reach that i would really want to point out that point is still concerned then saying formation take a look at the volume at these levels and this is where big should find some footing as we consolidate tighter and tighter we are going to have to watch for the next massive candle which should give us some indication or direction of whether we break up or break down there is a lot of talk about a 30 percent correction as it seems like we're overdue for one in this rally that began in february there were at least 930 percent corrections in the past in the last up trend so that it wouldn't be is that surprising we have another one here if we break up this time in my top 1000 before we had that retracement joining. us we welcome co-chief investment officer of terra capital welcome. thanks so joey pentair is the 1st us big going to mess a firm and you guys are focused on groundbreaking block chain mentors what is your

investment thesis when you're looking at these companies and are there any particular sectors that you focus on such as privacy gaming caps others. yeah so we really kind of 2 big areas right now one is companies that we call bridge unlike. some with crypto the other is really low level it's a shock because the thing about this space is it's so early and it's so new and so nascent that a lot of the things you have for making it very easy to develop web applications just don't exist at all in crypto yet so those are the 2 categories of things we're finding basically feet on ramps to make it easy to buy crypto and the things that make it easy for developers to build applications in the space. absolutely block one was actually one of those and they made history this week by returning more than 6500 percent returns to its earliest investors in less than 3 years and this pretty much translates into 6 point $6000000.00 for a $100000.00 stake so where are you guys involved in this and what exactly made

them so special. yeah so we actually were investors and block one but what what they did is they launched what's called a nice you know initial coin offering and where they basically created a new crypto currency and then auction it off and they raise as far as i know more than pretty much anybody else from one of these i ceo's they raised over $4000000000.00 in funding and apparently recently decided to kind of buy back some of their investors stakes using some of the capital or they raised. in joey we hear that you're invested in some of the top coins ripples. and some other ones our viewers may know what are some of the new developments coming out of those companies what's going to be the next catalyst for them. yes i mean if you look at brave they just recently launched if they. it allows you to basically get paid to view ads in their web browser so they've built a really fast privacy focused web browser where you can kind of opt in to seeing

ads and they just kind of released that feature you know the long game for brave is to really try to go after the google ad market to the marketplace google takes place and where they take you know almost half of all of transaction value bray this is basically disinter mediate that market the other example i would say is 0 x. which later this fall is going to launch a version 3 and that's pretty important because right now mostly low quality on 0 x. is actually not shared so 0 x. is a trading platform where you can trade cryptocurrency s. with people in a sort of peer to peer fashion right now there's a bunch of isolated sites built on top of it where they don't really share the underlying clarity in those markets and so version 3 and 0 x. is going to solve that problem so that should launch this fall into pretty pretty impactful and joe what would you say is the biggest challenge facing the industry today. yeah i would just say the biggest challenge is these networks are really slow so as an example if you look at you know 0 x. or auger where people are basically trying to trade they can't do it very well

because on a theory you can only do 10 transactions per 2nd and those transactions are quite expensive you know think for $5.00 just to do a single trade and so the big challenge is the space to solve is how to use all the skill ability issues how do you make law change go from doing 10 transactions per 2nd to you know a few 1000 like something like these it does. absolutely and i know that the decentralized exchanges are working really hard to fix that problem so by now it's actually recently launched there what do you make of that. yeah i mean i think by now. they're basically trying to create a decentralized exchange that's noncustodial so the idea is that it's kind of centralized in a sense but the idea is that they be able to steal your money so it limits the risks of things like hacks if you look in the news recently by a sky hack for about $40000000.00 and so you see them kind of moving in this dissatisfies exchange traction probably to try to limit that issue so the idea is that as an end user you trade with your own money but the exchange actually never

has custody of your own funds it's kind of the idea. joey the co-chief investment officer have pentad capital thank you so much for your time. thanks. and finally there is a new cutting edge in 21st century transportation and it's not ride to healing but flying taxis now german startup vole copters says they will proceed with tests of what they call electric electric vertical and take off and landing vehicles in other words helicopters in singapore planned for later this year bowl culture will work with sky ports you was a u.k. firm to develop rooftop landing pads while brand brand identity. so you know if you're in singapore in the year 2020 would you would take a flying taxi absolutely i mean have you seen the traffic conditions in singapore it's almost as bad as new york is like this would be absolutely amazing way to transfer to transpire like

a morning commute and everything you know you could just land on the building where you're meeting anyway that's it for this time you could boom bust on direct t.v. channel 321 dish network channel 2 or streaming 247 on. the free t.v. channel 132 or as always get us up at you tube dot com. so you. lake says and she forms part of a high altitude nature reserve. it's one of the famous charles internees years principle the waterway starts its journey.

but if you go down the sun down to the top to the white house or the binocs up. to grow in this 300 kilometers from source to mouth and there are over 200 industrial facilities ranged along as bankers. come out on your muscle. to do 3 things. i don't like to follow them and to be in. the room here against over 4000 rice fields and supplies drinking water to 25000000 people. that's a moot point yes of course so married by so many of us about us remember all our people.

will not obey the voice of the lord your god will be careful to do all these commandments and the statutes which i command you this day in all these curses shall come upon you and overtake you on legs and the hands of white people is stolen property and therefore it must be returned to black people if they get rid of whites only problems will go away. the philosophy of community within the community as president of the physical you know the. people being tortured to death expression the elderly people in the. mania somebody if somebody. in the. white or so find themselves affected by credit then we should point to one of my teens in dreams it's all

sweats and a lot of. what are you going to have for dinner through the meal and if anything i'm asking for a. bad. civil war in south africa is even if it's. crowded fredricka why are there any chong not be in the total viewer and to get to. 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 1st character that you type into the search bar it will always favor one dog food over another

one comparative shopping service over another and one candidate over another they can suppress certain types of results on what they think you should be seeing if they have this kind of power then democracy is an illusion the free and fair election doesn't exist for the more growth we give them the sooner we are all.

but it. is. an attack on journalism and a direct assault on the 1st amendment reaction is pouring in from media freedom groups as u.s. authorities 17 new charges against each carrying a maximum of 10 years in jail. and emotional theresa may calls it a day and i think she will step down as conservative party media the 7th. i do so with no ill will but we did nor most i'm doing during gratitude. to the opportunity to serve the country i love. the philippines is threatening to dump tons of read.