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tv   Boom Bust  RT  December 27, 2019 1:30pm-2:01pm EST

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i'm going to have i was watching a grassroots gives a name i think i mean and then i have our official candidate to be our representative and president of the multinational stake in it. and to talk about it because the rule of law must be extended to every corner of our country we cannot allow our public with the knowledge territory the union polices neither legal not constitutional. but i know that the police will not and to the tropical fruits bomba both stand up and confront them when i'm going to sit around with our arms crossed. we're not going to leave people on their own over christmas and new year it will be standing firm we'll be ready for any conflict that comes our way chip body in cochabamba as
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an example. the resistance of regions. in they've established in autonomy defended in attorney amidst this right wing u.s. sponsored cool in bolivia who government's not only unpopular in chip body it's unpopular across libya because it does not represent the 99.9 percent of libya and only represents a smaller stratum of the leats process alleviate. other regions there is resistance a lot of repression it's refreshing to read more resistance because. thirsty to invade and occupy fighting for as of right now the supporting police and military have no control they've been kicked out of people who. self determining. that's just a snapshot of so many more stories we've got lined up he keeps me the dot com. plus
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including as well the exclusive moran's the chief foreign policy adviser speaking about ongoing issues between iran and the u.s. over the sanctions much more than these on the plane crashes were covering r.t. dot com and check out social media for the as well it's 32 minutes past 9 in the evening here in moscow with the world things for a much more names kevin 0 in have a great time if you're still socializing. this is broadcasting around the globe and covering the world of business and finance and the empacher. i'm christiane washington here's
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a look out actually that technology has continued to advance shopping tran have managed to catch up. on hand today to dig into the record digital haul for the holiday season plus. i think this is a big problem. for this was the trust of most of the trust. thinking of big stuff here just natural naming a new c.e.o. to head the embattled aviation giant boeing is back under fire for quote very disturbing documents that have been handed over to the u.s. congress correspondent allan you know which brings us up to speed on the shaky situation from bali and later our friend bart chilton may be gone but his legacy lives on through the bar children fellowship program we managed to catch up with chainbearer malley of the carving just and peter no way he's a very 1st recipient of the fellowship you're not going to want to miss this we have so much to get to sell and let's get straight. as phase one of the trade
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deal between china and the u.s. start to firm up china reports a surge in soybean imports in november up 3053.7 percent year over year this is more than double from the previous month to $2600000.00 tonnes while beijing said that it will buy more u.s. ag chinese officials have yet to confirm the possible scale of these purchases a formal signing of the deal is reportedly being arranged for early january but as of yet no official text has been released analysts are still wary that this may just be an illusion of progress as no real details have emerged regarding the magnitude of chinese purchases of u.s. exports or the timing of the u.s. tariff rollbacks making the whole thing sketchy at best the future of economic relationships between the 2 world superpowers remain uncertain with phase 2 which supposedly focuses more on intellectual property still far as a ways off and now to catch us all up on the new developments we bring in todd horowitz chief strategist above the trading so todd even with the announcement of
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the long awaited trade truce between u.s. and china most experts agree that this is more of a face saving optics for both sides than a true reconciliation so much damage has already been done in 2019 so our 2. china and the us headed for a new cold war air and 2020. euros i think that it very well could be again phase one phase 2 phase 8 i don't know where we are but i can see by your prices that we are seeing a little bit of a surge in grain prices which is a good thing but it's also has to do with what's going on here and overall demand throughout the world is far as china concerned i don't think anything's really been set in stone or done i think you are one or burns the sun correct in the fact that it's more of a face saving deal right now i don't think that we've seen anything major we have certainly haven't seen a major amount maybe a year over year in one month we had a big increase but overall there has not been any increase from what they had was
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in the last calendar 12 months and i think that's more important to watch than one particular month over month and right now china has not agreed to any hard figures or numbers regarding the u.s. purchases we only heard that from the u.s. side in fact china is taking great care to not alienate other trade partners right now such as the e.u. brazil and argentina all who are key suppliers that replaced the u.s. during 2019 so what do you think about this move keeping plan b. in the back pocket in case this phase one falls apart again at the 11th hour so does the u.s. even have a plan b. in case it does. well you know i think one that we have to remember is that china and any other country that's buying goods is going to go to where they believe they're getting the best value and there are certain times that the u.s. is a better value than argentina result and sometimes it's not and i think at this point in time it with the reaal starting to rise it is now bring the prices back to more competitive china trade deal or not china is going to buy from where they believe
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they get the best deal and i think that's really what it comes down to and this is the same battle we've had before the trade wars ever started that you know if brazil is cheaper they're going to buy from brazil and i think vets the deal because there is an overabundance of supply throughout the country throughout the world right now because there's been no real major disruption in crops over the last 5 years so right now it's a buyers market and the buyer is going to go or he's treated best sun now despite these gloomy macros we have between us and china u.s. shoppers this year spend more on line this shopping season with e-commerce sales hitting a record high so e-com rose 19 percent from last year but now we have the problem of returns u.p.s. expects package returns to also had a record high so what can we expect to see after this adjustment. well you know look i mean it's mind is growing dramatically i think we'll see when the numbers 5 come out that the in-store approaches are probably down but let's face it americans
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are a buy the month societies as long as they can figure out that they can buy they're going to continue to buy as long as they have jobs so as long as the job market's a strong we're going to continue to see sales growth and it's you know the it's at your fingertips to go online and buy something so as long as i can pay the monthly payment i'm going to be a buyer so i expect sales to continue yes we're going to a lot of returns but again there are still people by an hour to go right into the sales season which will create more buyers i think net over net the returns are going to see right out there chris. probably more than made up for by the new stuff being bought. in clarence and whatever type of sale are going to run. hearts of a chain thank you so much for being here and happy holidays thank you. commitment to safety is being questioned after the submission of some very disturbing documents to the federal aviation authority recently the documents were handed over
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on the heels of the company's c.e.o. being fired a $12.00 punch prompting some to question how the company will recover from its recent crisis. where he's following the story so alex let's 1st talk about the latest documents what can you tell us now. well currently they're under review of u.s. government committee they're looking at as you mentioned right off the top at these very disturbing documents that's what they're calling it is just the information that's in there a lot of it's from company employees and a lot of it deals with safety this includes archly snippets from instant messages from a senior pilot or a former senior pilot at boeing where at one point or another you could see that he was trying to mislead regulators are saying that this was not done on purpose but misleading regulators it's a pretty big thing either way so they should multiple conserves of these reports by boeing employees as i mentioned including and related to the controversial 737 aircraft which was involved in 2 deadly crashes in the past 14 months now along
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side safety concerns about the plane documents also paint. some appointees were trying to ensure the company's production plans and move ahead by avoiding regulators so as you can see there was a push to kind of get around to the regulatory system to get these planes on the tarmac it up into the air and the statement released by boeing it's actually is very showing the company recognizes the severity of these issues and here's the statement just to give you a breakdown of the idea of what they're talking about so point proactively brought these communications to the f.a.a. and. congress as part of our commitment to transparency with our regulators and other oversight committees as with prior documents referenced by the committee the tone and content of some of these communications does not reflect the company we are and need to be we have made significant changes as a company in the past 9 months to enhance our safety process organizations and cultures now as you know in the past i'd bought the stock has tumbled it dropped
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about another percent today so this is not only talking to people out there it's also talking to their shareholders so as wonderful of a statement as it is as transparent as they're trying to be boeing is trying to stay in business as a little bit too little too late it sounds like when you have a crisis of confidence like this so right now the f.a.a. received the documents that same day that boeing and now said it had hired a c.e.o. dennis mullen back the man that led the company through the last 2 crashes which killed 346 people while contain a push the rollout of the bestselling 737 max so mullen bark was a place by dave calhoun so any idea what we can expect from this new leadership. dave calhoun is interesting character and his pick for very important reasons here not the date as you mentioned the day that all those came out the c.e.o. was changed around and boeing picked calhoun because of a few very important reasons as i just mentioned 1st of all this isn't this guy's 1st wrote rodeo he's a crisis management guru in
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a lot of people's eyes when it comes to his possibly he's been with boeing for the past 2 months as a chairman he was made the chairman and then he's worked with companies like caterpillar as crisis general electric when they had problems with their engines right after $911.00 of course all airline companies did so calhoun is an old face he knows of people on the inside his job now is to convince shareholders and the people on the outside that boeing can go back to being a company that's would be trusted and not the company that it is today which a lot of people are obviously not trusting our to correspondent thank you so much for the star thank you. time now for a quick break but just on the other side our friend bart chilton may be gone but his legacy lives on for the bar children fellowship program we managed to catch up with shane baer mally of the carbon grip and here you know wiki the very 1st recipient of the fellowship you're not going to want to miss this and as we go to
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break here are the numbers at the close. the washington consensus led by the united states says the liberal world order must be defended at almost all costs said differently the foreign policy blog demands the post cold war you know polar moment be preserved but alas it would seem a motorcade is already around. that's geysers financial
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survival guide liquid those that you can convert music. to keep in mind though out of the place you. were. recently we sat down with an old friend chainbearer malley of the carbon group and peter no wiki the very 1st recipient of the bar chilton fellowship program it's been years since we've caught up and during our time we discussed the carbon venture its goals and the legacy of bart chilton. so sharon we go way back and we were just talking we haven't seen you. 2016 and a lot has changed so catch us up a little bit what's carbon and what's new with carbon and fellowship what's going on now absolutely so yeah it has been a while and actually the last time we saw each other was actually was kind of the birth of carbon and even my own partners don't realize that so i met somebody very
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special that night that became my inspiration to kind of come up with this idea of elevating humanity through redefining capitalism so carbon was created as an impact holding company so essentially looking at proven businesses that are already profitable that are already figured out what works and what doesn't and working with those entrepreneurs to help them scale and doing so in a fashion we called carbon copying so we clone those businesses and work with local entrepreneurs in other parts of the world to basically take those businesses where there's unmet demand and we focus on 3 pillars education women's empowerment and resource efficiency and that is that food energy and water since last time i was on boom bust you know we've stood up our 3 portfolio companies we've launched an educational company this things that led to an individual thinks we're creating a low income strategy here in the u.s. and then looking to take that abroad into parts of africa and also parts of europe and then our for of our karma is our women's brand company that we took out of
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india so we've launched all the products here in the u.s. we kind of got the site up and running got all the products we want and now we're working on identifying the women workforces that we want to take from under-served communities or groups and therapy as part of the story and the hands behind making these products as they lead their path through resiliency and then the last company is eco filter which is this water tech solution that basically filters water at the point of consumption but it's also a massive economic development place so it's made from clay from the ground it's local hands that do labor and it kills 99 percent of the water borne diseases so we're launching that in ghana liberia and other parts of africa and we're just in the midst of scaling those up now and when we met i met you the same day. actually . i understand it has now been up earlier this the engine it started 24 hours after i learned of his passing so i had started a youth initiative where i came from a very kind of distressed background or
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a community where there just wasn't access to a lot of industry i had no sense of capital markets i really had no sense of networking and like how i build out those wrongs so what i want to do is give students a chance to have that opportunity and carbons basically all about creating opportunity whether it's for students whether it's for adults working professionals athletes celebrities whatever it is it's about giving them the chance to actually do something more to be better and so starting with the youth we started with indiana university which is my alma mater purdue michigan state richmond high school which is also my high school and then also directors and since that time we've had about $25.00 students work with us started this year around analyst program where you know people that are passionate about making change in the world wanting to make an impact and also learn about social enterprise we've put them through this program where they can actually learn how to build better companies and then how to release
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their inner carbon rights which is essentially the betterment of humanity but doing that through redefining capitalism and so peter came across to me through a contact of mine and she was a professor at purdue which she still is a social entrepreneurship class and said there's really very fascinating individual that had a very life changing experience which we'll hear about more but that really set the tone for peter's kind of trajectory and it just kind of fell into our laps and you know when i talked to him i kind of caught him off guard a little bit because it let's get it but you know. if i were blushing just a little bit because a little bit about yourself and then what drew you into the program so. i am a senior producer i study chemistry i'm in the certificate of entrepreneurship and innovation program at purdue and so the class chain is talking about 315 developing business models to address the sustainable development goals before but the un
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stalled door lofts and. what impressed her was initially i pitched an energy company which was going to theoretically is going to be a generation for reactor pair with a director and you conversion technique and only yes you know it's just like sliced bread. i was really passionate about it because previous. research proposal about an unfortunate i didn't get funded now is still a little a little upset about it so i developed a business ball around and impressed or so much that she decided that she needed introduce me to shane so i sent shane to emails and. then he and here they're calling me and he called me off guard because he called me in the middle of a period where i had for exams and 48 hours so it was it was a rough time and as soon as he called me it was right before. my calculus 3 exam and i was like oh my i can't talk right now i just triple iterated integrals was
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going through my head and then he's like i was so let's go to another time though i got. opportunities. luckily i didn't we reconnected and i've been involved with carbon ever since a lot of sustainable development very cool so not to put you on the spot. like what was so interesting about his proposal that made him stand out well i think in light of bar 2 he's only authentic right so there's only one version of peter peter is the same person to everybody he's extremely caring and he only has a driven passion to create impact and that's because of his life altering moment. what is this like a moment there. so when i was 14 i was writing on a t.v. with my my best friend and we were about to swerve into a tree or we've got to hit a tree and i swerved to avoid it by swerved into a ditch and then the a.t.v. flips and then the a.t.v.
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landed on me and my friend got up and he was laughing man i was crazy i was in there and then he looked at me and i was i was non-responsive and he was like call my name call my name and then he just went and just shove the t.v. off me check for a pulse and scream for help. i got airlifted to the hospital cardon glen and i was placed on life support in the field immediately and when i reached carnival and then i was diagnosed with 3 brain cheers which is where your brain stem and brain collide and then my brain actually ripped apart i sprained all these ligaments in the side of my neck my lungs collapsed and i thought i shared my shoulder but spear really swollen and on the glasgow coma scale of course scale score to $3.00 to $15.00 which is i think the lowest a living person can score which meant that death was imminent and so my parents arrived they were obviously distraught and it was even worse for my parents as they
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were recommended to go through grief counseling because you know they were told like hey are you looking at me yeah there was no way i was going to make it and so they freaked out and they ended up praying and i'm very thankful i had a large community praying for means pretty awesome but they prayed to mother teresa and her nuns came over me and prayed over me the missionaries of charity prayed of me with this card which i always keep on me an amount of what and a lock of her hair and i think it was either later that night or the next morning i opened my eyes were going my toes respond to the doctors and. i ended up i think i was back in school 3133 days later and i think yeah. you're more interesting as i was able to i was able to make such a full comeback that the next year i made the varsity basketball team and. our team
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won a state championship that's amazing so flash forward to today and all that you've been through all that you kind of gone through and now you are the 1st fellow i mean how does that feel to have come so far in such a short time well. i'm a big fan of the saying report you so i've been working hard but let's talk about bart for a 2nd to be compared and to be held in the same light as a guy like barr like we just met this woman over there it was her business cards like we mentioned bar. hillary for which she was just on the show and. meet up later to talk about bart and every conversation i've had with anyone about bart was he built this great community of people around him just foster development and just growing and everyone love bar and to be compared to a guy who is known for his high character and always standing up for was right is
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just amazing and i really strive to emulate what bart is and what he means is so many people what his legacy is. so what he helped to build out from this one thing by the next call our goal is to build a whole new generation of leaders that redefined how business should be done i think a lot of us realize that we got into the mess that we're in some that can actually see that we are in a mess because some of the practices and ignoring whether it's the environment whether it's the people that work for these companies we want to take economic returns social impact and environmental intelligence all as equally weighed because we believe there is no need to compromise and that is part of the curriculum of being a fellow carbon right and these individuals that are being released back out in the community i personally want one day to pass the torch to peter and
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a few other colleagues that we have met already for me this is a lifelong journey this is this is the way i practice my spirituality and religion is through business it's through partnerships it's the relationships it's through connecting people around the world and it's already been proven i mean we have 6 students who have gotten their dream jobs out of college. by the having the carbon story and what they've been able to show that they've done that's become the differentiator for them and so we just want to do more of that and invite professionals even like yourself or others anybody this created for everyone in mind because we believe this is something that's innate to us that we have to choose to let it show we have to choose to let it go into others but together it's how we believe we can all kind of co-opt and make this world a better place yeah that's the kind of move into the future for this thing how do you build into it sustainability build into it not just in terms of the actual project itself but sustainability and all the areas that you're talking about or if you're really talking about investing in people and then people you know who are
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business oriented that invest in the world around them i mean it's been used before but people planet profit we can't have sustainability unless we're making returns unless we have an ongoing mechanism of value creation so what we do is stitched together holistically solutions that address our 3 pillars our 3 pillars actually in compass all of the u.n. sustainable development goals and that was by design but they also don't exist in isolation the way we build our companies is that they all kind of come together so take the water company for example you know here you have a new skill in trade that's being taught so that's the education component we're putting women to work as part of the factories to kind of build up that part of the community and then we're addressing huge environmental and health issues by the product itself but it's by having the skill set that we have at the table which is the people at carbon that are making the difference because it's that mindset of bringing together all these different solutions holistically to actually create
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a new standard of doing business or we appreciate both of you being here and chris and i know that for you it was also just instrumental and very powerful figure in your life as well he was absolutely tremendous because the day that i met the very day that i met shane and that was the day that we were. a microsoft pitch event and i was pitching my startup back in the day and like a sweater and a hoodie and all of. it was through bar that we were actually able to grow in scale because as he said he was the one who put me in touch with all the guys over idea where he was upon who who figured out who like actually took us to networking about venture introduced us to his colleagues and represented us very well to like all of his friends and made tech trader what it is today so definitely could not have done it without bar and i'm so glad you had the opportunity to work with bart as well it's it's amazing he would be so proud at everything and he's very much with us and when we talk to his widow sherry this is very much a passion project and this is just the way of life he's with us all and it's it is
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the reason that this exists it's the reason you're under success and you know it's the reason we're all here today. you're likely to live on guys thank you thank you thank you. and a true display of holiday spirit the burning man music festival is suing the bureau of land management claiming that the government has overcharged in fees over the course of 3 years for the use of the nevada desert land black rock city l.l.c. the nonprofit company that produces burning man follow the lawsuit in u.s. district court in washington saying that they were tired of waiting for the be allowed to provide justification for the nearly 3000000 dollar is charged annually for a permit to hold the event blackrock city paid the b.l.m. more than $18000000.00 in services and expenses between 20152018 in addition to the permit the group is required to pay 3 percent of gross receipts or
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a portion of its revenue each time bernie madoff spokesperson said that the organization is seeking quote relief from defendants ongoing lawful and prejudicial conduct towards blackrock city l.l.c. that grounds of viability of the iconic burning man event would be a shame if this event that brings about $80000.00 people to nevada's desert each year or 2 and. now that's it by this time you can catch boom bust on youtube dot com. the washington consensus led by the united states says the liberal world order must be defended at almost all costs said differently the foreign policy blog demands
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the post cold war you know polar moment be preserved but alas it would seem a multiple world has already arrived. wiki leaks calls for. a report on an alleged chemical attack in the syrian city of . releasing internal documents and strongly suggest a cover up. coming up. the russian military state of the missile system. see. 12 killed off for passenger plane crashed. just moments after takeoff dozens more are being treated in hospital tonight.

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