tv Boom Bust RT June 4, 2019 1:30pm-2:00pm EDT
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clause no legislation can be passed that singles out an individual but when we look at the case itself the one that mr gross represents you know it's very clear that you know scenics was founded by a former wall way employee. way is accused of actually having one of its own engineers pose as a potential client of c. next to steal secrets but when we look at everything else a judge has dismissed a lot of the conspiratorial you know fairies in the case itself so i think that there is a lot going on here and i expect it's a very very lengthy lead litigation regarding this now miles while way before this was on path to becoming the world's biggest smartphone vendor by the end of 2019 but now that goal has been substantially delayed and set back by this u.s. ban today may have a couple more setbacks they agreed to sell off their undersea cable operations business and also reduced smartphone production orders with supplier foxconn what
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do you make of those 2 moves are they showing the 1st. yeah i mean the 1st one is wall way marine systems really is suffering from the wall way name which is pretty toxic nowadays because the name is associated with chinese spying it's associated with being an organ of the chinese military and political system and it's extraordinarily difficult for them to negotiate any deals you know regarding undersea cables in fact the australian policy institute said that you know that business has really dried up for them now the fox com thing is a direct result of the trumps administration ban on wa way and the south china morning post did an excellent article recently where it said is you know again because they've been deprived of their android licenses based on trump's band the you. european smartphone market has has almost completely dried up for them so some
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people look at it as a business decision i think that it's it's a direct result of the u.s. government's policy towards that. in the u.s. another telecom battle is taking place between team brant versus the d.o.j. as they try to merge but it looks like that if they want regulators to approve their $26000000000.00 market they're going to have to slim down a bit and she had assets there are rumors now that amazon is potentially interested in buying sprint mobile of. prepaid wireless business what do you think the outcome of look like now this is extraordinarily interesting because if you go back to 2011 when the u.s. justice department blocked 80 entities proposed merger with team mobile they said a few interesting things they said that they believe that at least for mobile carriers are necessary to support a healthy and vibrant innovative and low cost. environment for cell phones in the
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united states so if you have a situation where the merger goes through we have 3 but then interestingly enough if amazon's. transaction goes through with boost mobile then we're going to have 4 and so amazon is more pivotal to the success of the merger going through than anything else and even though recently the f.c.c. chairman the united states went forward to support it it's really going to be a situation where if amazon can go through and do it then we're back to a platform for carriers in the united states and i think it's going to be a lot easier for the merger to go through based upon that. well being will all stay tuned to see if it actually goes through international regulatory attorney miles edwards thank you so much for your time. thank you. china state post fear of that country's top postal regulator announced saturday has launched an investigation
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into us delivery giant red x. after receiving complaints from users the regulatory bodies had margin show did not explicitly link the probe to ongoing trade spat between the u.s. and china or a recent situation in which while we accuse fed ex of diverting some of their packages through their u.s. headquarters and said of routing them directly to the asian destination ma set of the investigation into fed ex can help maintain order in the chinese delivery industry safeguard chinese consumers of the tournament rights and help to ensure the safety and economic security of china's national postal service now for most of us get it not getting our packages is just a mild annoyance but for this it seems to be it seems to me that china is taking a firm stance that this is a direct attack against all a most people don't expect to have a package go to china and then have it end up in memphis which happened in this case the packages went to a fed ex global hub in memphis and apparently as we were going to air in the washington or the wall street journal i should say. a sighting of person familiar
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with the matter that seemed to confirm that indeed changes to fed ex corporations internal protocols to comply with this while we've been pursuant to the troubling ministrations crackdown on weiwei this person seem to confirm that that was the cause of these redirected mr directed weiwei packages so there seems to be some smoke there at the very least to the same though nothing seems to be a connection. u.s. aircraft manufacturer boeing has told regulators at the f.a.a. that they have discovered a new problem with the troubled 737 max mega jet the federal aviation administration alerted the public to the problem on sunday saying a total of more than $300.00 aircraft from boeing smacks and next generation lines may be affected by a manufacturing prob. what they wing parts the f.a.a. says a failure of the suspect part could not cause a plane to crash but could inflict damage to
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a plane and flights in the meantime those 2 deadly $37.00 max crashes seem to have cost boeing another big sale with a johnny airline. canceling a $1000000000.00 contract for $10737.00 maxes citing safety concerns boeing stock which has been on a down trend lately took a hit as trading opened this morning but it is starting to climb back north beach and has been bouncing between 338236238 dollars in trading today on the new york stock exchange. time now for a quick. way it's. only. mahdi's have. a 4th of. the consequences. as we get a break here the numbers that. ringback
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right to beatrice this is what the full story of the morning can't be good that i'm interested always in the waters about how. this shouldn't all. of the bridges was good that you give up on your birth or the like if you miss it or don't believe people what's. up to them what the response would mold cheaper solution that it will. give the national fish or at least a model which agrees that. this. is new the nope must see that you presume this loop of burnished miss lloyd museum must fear to move him he's doing that and the other was an honest opinion he may continue to go steamboating it is an inning of the history of cities to. you know you are nice to us because.
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you're good books reach your eyes because if you go through you know what or who are you more you would almost today. is the old freedom doing this will go to a. socialist only when you will meet someone who knows the. new moon and stars for the most the winds and also the way of. the swarms of them so moving. and good will those who was before. much of those who heard the food you are. seeing we will. we will. move. actually you didn't look beautiful the militants look good. most of these
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girls did you good. to go to show some look but to assume you want me to show you. should go. to the top. of it with that of the most. it is with. him and understand there's. a match. for the president but it's going to. be of interest because this is going to snoop come up when you look at it as the girls who. were his supporters to go she shouldn't. cook door for the one who's doing the.
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mexican foreign minister marcello abroad is in washington today leading a delegation that seeks to convince president trump to abandon his latest terror threats the group also includes about conservative secretaries of agriculture and the economy but noted excludes officials with primary jurisdiction over immigration issues mexican officials have sought to keep trade issues on a separate diplomatic track from the immigration issues that mr trump is trying to advance with the terror threat before the delegates had their 1st meeting mr trump seemed to dismiss their efforts mr trump said via twitter of course we want action not talk and remarks to reporters mr abroad wrecked rejected the trump approach. what if we have a common vision. but how these this is
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a question of here. because. there are only needs to. action which is not going to work but it's not working. so we need something else. with those tariffs on mexico the trump administration has opened up yet another front and it's growing trade war which is having some consequences for the markets this move opens up uncertainties in the market and as a.p. business writer stan coke planes sparking a major sell off in the market what's worrying markets now is that this mexico tariff situation is completely out of left field nobody was expecting it and if you have these things popping up it's uncertainty that the markets hate most of all they do not know how to handle that and their 1st reaction is to sell. this is a mayor sell off has taken its toll on many sectors including commodities here to help us break it all down our chris what the founder of swift trading company and todd horwitz chief strategist. thank you both for being here. so 1st we really want
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to touch off on friday and what you said regarding gold you wrote that i can't say that gold shorts are panicking quite yet but i can see a change in the pattern and with all the negative liquidity that it's had surrounding the gold since the highs of february 19th the bottles may finally be end so what's the latest take on the gold market. well i think gold is going higher i think that you know we saw the bottoms put in we saw the 1270 level hold a number of times we got a couple of attempts to break through and finally on friday we broke out to the upside and we're continuing today so i think gold is now reverse the downturn we've been in and is now going higher now some of that's because of some of the uncertainty in the markets some of it's just because it was well oversold and another thing is just the straight trend is now to the upside so now i think you want to be a buyer gold i think we at least test you know the 1215 maybe the i mean she's mean
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1350 or maybe even 1400 before this move is over so i think we're going much higher no. now chris over to you you had some really good comments on last friday on the recent rally in the core markets so right now given what you see with the terror threat against mexico from the white house what is your take on the consequences of this rally and then the sharp turn around on friday for the karma by the markets think out on be. sure. that what we saw more than likely is just the lack of being able to get the corn crop in the ground last friday were 58 percent this monday we're looking to be somewhere around 70 to 71 percent on the planting intentions there. i think the decline in the market that we saw over the weekend is due to the tariff issue with mexico i think that traders and everybody's getting kind of terror fatigue of. a slogan that was coined this morning so i can see where a lot of us would would have that issue out there with with the tariffs we've just
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seen so much of it and seemingly they've been i'll be working. and speaking of that terror fatigue back to you the as you mentioned the delegation from mexico is here today a high level delegation. to try to convince trump to change course in mexico of course is a huge exporter to the united states where do we seeing in terms of market reaction so far from that threat and thing in terms of 2 key exports tomatoes not the kind of what's the outlook for prices for a sidewalk amole after this latest drama. well. as chris said the grains have been going higher ok there are more of a supply demand issue for years we had well over supply so we've had a tremendous really i mean corn sold off $0.04 today which is after a $1.20 really is right it isn't much to talk about so i think the grains are going to i don't i think president trouble is doing absolutely the right thing to take care of the border and they're going to have to come in you know one thing we have
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to remember is we still are the biggest supplier they're still going to have to. come to us terrorists or not and if they don't want to take care of the border issues then they're going to be without or they're going to pay more money i think is i think it's a simple plan but the grain markets themselves really continue to push themselves higher and i think that's make sense because now there is going to be possibly some sort supplies and all the sudden we went from this oversupply did get conditions to some issues so i think that's what you're seeing and i think in the cattle market you saw some force liquidation thursday and friday and we did most of the by him within 5 minutes in both peter and live cattle on thursday and friday so to me that looks like it's a banker somebody forcing somebody out and of course the quotation true now cast on friday also recommended to hold all long positions on corn is that also your advice this week. yes it is i'm out of 5 we don't know what the damage to this crop can be just yet even if they end up getting 100 percent of the. underground you have some
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yield detriments and you'll also have a lot more on harvested acres with muddying in of corn and some of the flooding that we've seen around the low lying bottom feels. like a rally in the bond market what should we know about that situation well that's been pretty interesting any time you have to start lowering the price of money to entice someone to come and borrow it there's some issues involved there and when we look after our producers out there's a lot of them used money so now that we've had a little break in the interest rates after we saw the 182018 rise in interest rates this is a little bit of a reprieve for them so it looks to me what the rights back down the way they are right now and the bond market 8 days in a row might not be about to talk with your lender about rejecting some debt. and just to get back to you know the other we're always talking about tomatoes and other cow tows want to guns in mexico really let's bear down on that is it really going to be as extreme as people are predicting with those particular commodities
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if these tariffs really go through. no i don't think saw again i think in my opinion the companies use this to raise their prices whether they get a raise or not and of the problem is unlike oil you know oil goes up and down and the companies. unlike that you go to a restaurant or you go to a supplier they raise your price they never come back to i've never seen a starbucks for a cup of coffee back down after coffee is that tenure laws so again i think it's more of a bunch of rhetoric and it doesn't mean anything and they're going to raise your prices because they can because it's acceptable and they'll just make more profit that's what your earnings reports when they come out of the quarter and see how much more profit they made after all this this why did my brow tariff talk. trade and heart above the train thank you both so much for your time sir. thank you thank you.
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natural gas giant gazprom on monday became russia's most valuable company after their shares shot up to their highest value since 2008 the state owned natural gas enterprises shares rose by 12 percent monday morning peaking at $241.00 roubles per share or roughly $3.68 per share on the moscow stock exchange with a total market capitalization of roughly $5.00 trillion rubles or nearly $86000000000.00 gazprom eclipsed russia's top lender snow bank as the nation's most valuable company the company has seen huge gains since may when they recommended more than doubling dividend payments over the year prior last week gazprom alexander ivana cough added that the company is working on a new dividend policy that would aim to bring dividend payments up to 50 percent of net profits within 3 years how can the arctic region be protected from the impact
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of human activities such as oil and gas production mine and shipping that contamination of arctic waters with hydro carbon pollution would be near impossible to clean up even by mechanical means but russian biologists now believe they can use new and more natural methods for the cleaning process artie's yuliya shop of olive has the story. inside these flasks invisible life boils apart from water and oil they contain bacteria supposed to eat the oil and leave the water crystal clear and free from oil pollution in the laboratory of moscow state university biologists are working on crazy and i crave agent to help degrade began small manmade oil spills in the northern seas of the arctic the project was initiated by russia's oil giant ross net and the nongovernmental in a proxy institute they prepared and send the biologists of m.s.c. to the arctic to take numerous samples of microbes in the ice cold waters to single
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out and then cultivate the oil eating because here again what should acknowledge generally the use of oil pollution techniques using microorganisms have been around for a long time it's already possible to target oil pollution in moderate temperatures but at the moment there's no means to clean up oil spills at negative temperatures in icy conditions and that we found such a microbe that lives multiplies and hydrocarbons at minus 4 degrees celsius it can do all that in the ice. this method is particularly relevant for the arctic it makes it possible to restore the properties of the ecosystem that existed before the impact introduced by people it is used in conjunction with traditional methods for the elimination of oil pollution. the oil eating bacteria naturally occur throughout the world's oceans and can be found in higher amounts wherever their oil leaks hydrocarbon organisms have successfully been used to help clean up major oil spills including the b.p.
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spill in the gulf of mexico in 2010 recently scientists from the united kingdom russia and china found all eating bacteria even in the ocean's deepest mariana trench the books he read the russian biologists found love the cold they live in the arctic and temperatures of plus $25.00 degree so says illegal for them. method with the use of the oil eating microorganisms is no different from what naturally takes place in the wild except for the fact that with the use of a substance the process of cleaning up will run dozens or even hundreds of times faster so we're simply accelerating the natural process is our product will be applied in a dry form it is a dry powder and the microorganisms are in a dormant state ever us it was important to select such microorganisms that could survive the process of drying. scientists say the absolute majority of hydrocarbon loss does not occur as a result of major accidents but as a result of chronic spills for example during refueling of boats and fishing
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vessels or when it's time to laden with tons of huell at least part of its cargo in many poor cities in the arctic there are often small quantities of oil that can be removed with mechanical methods so remaining oil film is supposed to get eaten by microscopic bugs. i'm sure the substances that we develop will be on every ship in every port city in the arctic and not only there so that the slices appearance of pollution we can immediately use the nature like technologies use microorganisms to dispose of any oil contamination after consuming the oil the microorganisms leave nothing behind by c o 2 water and microbial biomass and these biomass is then eaten by some other life forms like plankton fish the plankton thereby maintaining the food chain in the ocean the scientists say they are in the final industrial stage of this work as their expeditionary and laboratory stages have already been passed
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when will we see a clean oxic and everyone will bow down and say thank you. i think that in 2 years we will have all the necessary documents and regulations so that such a substance can be industrially manufactured next the scientists are ready to go on and develop new nature like technologies for warm seas fresh water areas as well as for breaking down oil in the soil all these measures are part of russia's federal program as the country develops the northern sea route discovers new large oil and gas fields in the region and deals with old soviet military bases around the arctic circle at the latest arctic 4 in april it was highlighted the country had taken responsibility when it comes to preserving the unique nature and fragile ecosystem of the arctic as well as protecting flora and fauna from human exhibit. that was awfully fast name but i do wonder what are the effects around the local habitat of if they introduce like army of these microorganisms into the surrounding
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region like this could actually do some harm for like all the quote reefs and everything to do actually also need oxygen as well sure would something introducing a new life form in large amounts compared to the natural amounts you always have to think about some unintended consequences there but it sounds like the waste only produces c o 2 water and biomass great if they can do it and they say within 2 years they might be able to have full conversion production at levels where they could actually deploy this on boats that would be great it would be actually really closely how like during the b.p. oil spill like if this what i would have had an impact on the current environment we'll see that's it by this time don't forget you can boom bust at you tube dot com boom bust r.t. the next time. someone
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believe people would. know what the response to mold cheaper food in the indoor to . get the national dish i should eat i'm ordered to meet that. got told just for this new the nope must see you presume this loop i'm going to miss louise museum most she had to move him he used to do it as a bonus and i was building at the main chain going to jane boning is a meaning to their history kind of silly to. me you know you are nice to us because . your good looks pretty much be as good as you know to you know what who are you more you would almost to date as. the whole truth in doing this will go to. some list on the weekend you'll meet someone who knows the. many i'm going to start with the most and also way as.
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the swarms of them someone. who was before. much of those who heard it's a preview of this will see him we will. we will. move . move. move show you this new you with the liberal media glitter and good. more than just love most of these girls will be view films for good girls. go to shows look but do you disagree you believe this will the story should go. just. that's just. the 2 needed oh it would be the little one wished they'd still appears it's.
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just ashton understands dish mutants they mashed old truck just for the president and please control his project until. the 3 of petitions to god knows where to snap them up in new york are those the girls are with you or your supporters to your shoes through shoes shouldn't feel you should go door for what was your design. how can we help citizens become healthier and happier moscow open forum full of the 7th of july as arianna business program interactive exhibition open health congress
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open festival the new details don't i'm also been forum dot com 16 plus. donald trump and to maintain the special relationship between the u.s. and u.k. is the american president. to. london with the infamous balloon flying over the. us president seems to be looking the other way. where the protests i don't see any protests i did see a small protest today when i. saw race based genocide you saw a government report decades of violence against. women just. failing to use the word genocide when admitting mistakes were.
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