Skip to main content

tv   Boom Bust  RT  March 7, 2020 5:30am-6:01am EST

5:30 am
markets in the week with another down day of almost another 1000 points this is move us the one business show you can't afford to miss. and i'm christiane watching him coming up the number of cologne and i think back to world wide profit a new milestone well i'll tell you what is happening around the world. and that much out where markets have been this week worldwide and where they're headed. and biohacking your body what does that mean to use fast steen and nootropics to trick your body into better health we have a guest is going to break it all down it's fascinating stuff so much to get to on this very busy day so let's get started and we begin with the numbers on the corona virus in fact those cases worldwide have now crossed the 100000 mark the latest data also indicates that more than one 5th of those infection cases are outside of china in all about 90 countries now have at least one case of the corona virus and in china the work is being done to create treatments on the virus and any possible mutations. which and. at present
5:31 am
we have the unified deployment of virus we. developed you know the china the virus mutations we saw have not affected drug development or the preparation of antibodies in vaccine so at present all the work is under control so we are actively observing the degree of the virus mutation and we are actively pursuing scientific research projects that. go outside of china south korea remains the 2nd worst hit country and as of friday they are reporting the nother jump in infections across europe the containment strategy has been focused on isolating patients in areas where outbreaks have been spotted italy of course remains the site of europe's biggest outbreak and the number of infections there have increased from dozens of daily cases to hundreds there are now over 3800 infections in italy 577 in germany and 423 in france a 5th patient has died from the virus in spain as the number of reported cases there has jumped to 102. do though all the victims so far in spain are in that high
5:32 am
risk category meanwhile in iran the government is warning that it may use force to stop people from traveling between cities in order to contain the spread of the virus this is the number of cases in iran has jumped to 4700. 17 deaths have been added to the number of our deaths at least 124 patients have died up until today noon as a result of the coping 1000 disease there have been a total of 1413 infected patients in tehran as. and here in the u.s. the number of cases are increasing as well confirmed cases in washington state have risen to 70 in new york city officials say over 2700 residents are under quarantine and they are being monitored for symptoms 2700 by the way are just being monitored they are not confirmed cases in new york state there are only 22 confirmed cases in fact and in san francisco officials have placed a hold on the west coast based cruise ship the grand princess amid an outbreak on
5:33 am
board friday president trump signed an 8300000000 dollar emergency spending bill to combat coronavirus. 8.3000000000. dollars and we're seeing one of. the nowhere. we take it here we have figures on the ship things happening on the ship people are being tested. and i just spoke to the governor of california gavin newsom had a good conversation we're going to the ship to get. close to 5000 people so. we're doing testing this b. . and then interestingly on fox business friday morning trouble ministration chief economic advisor larry kudlow indicated that the trump administration may be considering using quote targeted stimulus. help individuals or groups affected by
5:34 am
the virus but exactly who those groups are or individuals might be is unclear. or oil has sold off sharply over the past month continuing its grind lower and despite a series of supply shocks such as the assassination of a solomonic by the us shut down of almost the entire libyan production and the us tightening sanctions on venezuela oil prices are now trading well below $50.00 prices tanked an additional 10 percent friday after russia opposed opec's proposed production cuts going to dish $1500000.00 barrels per day to stabilize prices the saudi oil minister prince abdullah sees solomon is quoted having said that today will be a full day after talks ended with no agreement on current or further production cuts note that this is the 1st time in 6 years that opec talks have ended in vienna without a deal opec has 0 intention of pursing deeper because without russia and now analysts are worried that the results could be devastating for that well market oil could
5:35 am
swiftly drop 15 percent to the high $30.00 in that scenario now $50.00 as we had mentioned before was the critical level and which it really starts to her for energy companies this is where they start to not be able to service their debt triggering a tsunami of bankruptcies among small producers and oil field service with the trading at $41.00 handled the u.s. oil sector is in the stages of shakeout in order to survive many of them make cap companies will have to resort to merging with the competition. and it is a mess right now and so many different levels but if you look also look at this latest story of possible price gouging there's a big concern about amazon if you go on amazon right now you can find things like pure ill and facemasks i think is going for $212.00 ounce bottles for $145.00 because because of the shortage or pure out enough people you think tito's alcohol instead yeah and remember you can always just use soap wash your hands that's another way to do it as well you know airlines speaking of places that need to be cleaned airlines are being hit hard by the corona by. says many council or even
5:36 am
reassess their travel plans because they're afraid of the virus spreading course one of their amount is they ok has that story. coronavirus now severely impacting travel specifically the airline industry and both for domestic and international travelers and it could cost the airline industry billions of dollars multiple airlines had already cancelled flights to china including american delta united and british airways but as a virus appeared in more countries airlines extended waivers to regions experiencing the worst outbreaks according to the international air transport association this is the 1st decline global air travel has seen since 2009 during the big financial crisis airlines could be losing up to $113000000000.00 in revenue if the coronavirus continues amid travel fears british airline fly be collapsed leaving passengers stranded all fly b.
5:37 am
flights are canceled please do not go to the airport as your fly be flight will not be operating customers should find their own way home by making alternative travel arrangements via other airlines rail or coach operators and hong kong's cathay pacific airways announced it's closing its vancouver cabin crew base cutting 147 crew members. aviation analyst jamie fancher saying many big airlines are prepared for a worst case scenarios while smaller airlines could suffer a lot of the american carriers in the larger carriers around the world after the financial crisis of 2008 they had really tighten their belts and they consolidate however some of these smaller carriers that may not have the deep pockets in the economic cushion that the larger curious have you may see them starting to falter struggle and even become casualties of this entire process situation the economic impact on the aviation industry. it will not be as severe. but as of right now if
5:38 am
he does not get under control it could cost the industry up to $113000000000.00 is the prediction where you could even go higher could be lower if they can get it under control airline waivers could extend through may as some carriers are waiving fees for changes and cancellation for both international and domestic flights here's what's happening to these carriers spirit airlines on the year down 45.5 percent american airlines down over 44 percent united down 41 percent while delta airlines down just over 23 percent on the year china eastern down 21 percent in a report to the securities and exchange commission southwest airlines estimates its 1st quarter 2020 operating revenues to be negatively impacted dropping its 1st quarter revenue between $2300000000.00 earlier this week president trump met with airline industry c.e.o.'s putting a positive spin and noting the positive impact on people staying home and in the
5:39 am
country in a certain way you can see and hear about it. and there are certain extent to automatically shut down but it's affecting the airline business as it would in a lot of people are staying in the country and they're shopping using our hotels in this country so from that standpoint i think probably there's a positive impact not only as leisure travel now cancelled but some business travel as well where some of the world's largest conferences have been postponed or even canceled including st petersburg economic forum on the world's biggest mobile phone show mobile world congress in barcelona the 2020 summer olympics in tokyo japan could be next and watchful. of an engineer move more conservative minded probably but i'm watching things at my. about you. well i wouldn't i wouldn't travel
5:40 am
just for personal reasons that were like i have a daughter in san diego and i was going to go visit her. but now if we go i probably shouldn't go. in their ninety's and i'm sort of have to keep an eye on so i'll probably do that trip and i was going to go visit him but he's lives in seattle and i don't think i want to go to ground 0 for. museums like the louvre in paris and tokyo disneyland are temporarily shut down while many cruises are not accepting cancellations many airlines are offering one way tickets as low as $20.00 but many are saying that simply is not enough reporting for boom bust their mom test. the turbulent week on wall street continues as a 50 bed cut earlier did nothing to restore confidence to the market about 9 trillion dollars has been wiped off of global stocks in 9 days and the 10 year has now tumbled below point 7 percent for the 1st time ever
5:41 am
a safe haven is hard to come by as investors pile into gold which is on track for its best week since 2008 and a coin is once again breaking out above 9000 so let's see how we end up this week. over in moscow the most traded down for the week as more cases of the coronavirus popped up within the country the government has cancelled the st petersburg international economic forum as a precaution now with oil prices so low russia's reliance on oil for its economic wellbeing is coming into focus once again as a slowdown in china is expected to deliver a $10000000000.00 hit to russia's exports for 2020 now over in shanghai the shanghai composite was up 5.4 percent for the week as manufacturing activity in the mainland continues to pick up an ongoing rally in chinese stock market as well as army exchange rate over the last week is fanning speculation that china could become a new safe haven for investors with other major economies now reeling from the outbreak outstanding chinese bonds held by foreigners rose to 280000000000 in february and the u.s.d.
5:42 am
in the japanese yen which were traditionally safe haven currencies have now succumbed to selling pressures while the arm became point 73 percent against the dollar as the outbreak continues to grow outside of china now over in hong kong the hang seng is flat up less than one percent as the i.m.f. announced a $50000000000.00 aid package to combat the virus global central bank easing also help to guide equities higher as the local government continues to support businesses with a $2300000000.00 lifeline now over in japan though the nikkei was down 1.8 percent truckie heavy losses on wall street and staging a repeat of last week's bloodbath another diplomatic spat has a rupture between japan and south korea after tokyo said that it would quarantine all passengers arriving from the country which has the highest number of coven 1000 cases outside of china now in response seoul has now halted visa waiver is and suspended existing these as for all of japanese travelers. over in india the sensex had a nasty wee crashing 3.3 percent as regulatory cards on yes bank triggered
5:43 am
a crisis of confidence among domestic investors that state bank of india was directed to bail out the troubled lender leading to questions now surrounding the stability of the indian financial system down in australia the r.b.a. cut its rate by $25.00 bits 2.5 percent a new record low but despite this the assets is down 3.5 percent for the week with almost every sector posting heavy losses and finally in south africa the all shares is down as a country come from the 1st case of coronavirus now over a ban for the rest of america and europe kristie thank you for that well over in europe let's just start here it was to say the least a very rough week thanks to not just the corona virus fears but this week the actual spread of the virus the corona virus is spreading quickly across europe with italy resorting to emergency measures through plans to close schools and universities potentially setting a precedent really for the entire rest of europe now in france the cac is down in germany the dax is down as well as in the u.k.
5:44 am
with the footsie all of them down and one of the big fears right now in europe is that there is a tremendous strain right now on the european credit markets in fact that strain is the highest it's been in 4 years the concern is that european companies might now default on their bonds meanwhile on thursday the u.k. low cost airline flight be collapsed in part because of the lack of travel from the coronavirus the company abruptly ended operations and grounded all flights now in fairness that company was already in bad financial shape but the downturn in travel because of the virus was simply too much let's go to south america now the evil vesper in brazil is down for the week in a big reason for this or oil prices oil is down to $45.00 a barrel and the result is stocks like being down 9 percent over to the americas now where in mexico to be in these down and in the u.s. in the u.s. it is been a wild week my. u.s. markets were up $1300.00 points it was a record for the largest single day increase but tuesday markets dropped $700.00
5:45 am
points after the fed indicated that it would help with a half percentage point rate cut that actually sent markets down over concerns that things might be worse than 1st thought that all wins that we saw markets jump back up nearly 1200 points it looked like a rally was underway and maybe the markets had found the bottom that was the idea and by the way health care stocks were up on wednesday as well because of bernie sanders lost during the super tuesday. votes around the country a lot of people look at that and said well medicare for all won't happen therefore health care was up the market swings that we're not done yet because on thursday markets dropped another 700 points or so and then on friday down by almost another 1000 points again a wild week in the americas that's just north of canada the ts x. they are down this week as well as kind of his main stock index was also extremely harmed in the energy sector the ts xs energy group fell 2.89 points or 2.6 percent while the financial sector slipped 6.20 points or 2 percent now the big question
5:46 am
looming over next week have markets actually found the bottom or will we continue to see markets fall that is this week's market walk. time now for quite frank but hang on because i'm going to turn final hiking your body what does it mean to you fasting and if i think it can't body into better health well how to guess how to break it all down now to get it right here the numbers at the cloud.
5:47 am
thousands of american men and women choose to sin of in their country's military and the decision. every song came to a complete. the day that i was raped. you know told to show what they'd kill me and i see how it destroyed my life any screamed at me and he made me come in the gram my own arm and he raped me this bird think if you take into account that women don't report because of the extreme retaliation it's probably somewhere near about half a 1000000 women have now been sexually assaulted in the us military rape is a very very traumatizing tat happen but i've never seen trauma like i've seen women who are veterans who suffered military sexual trauma reporting rape is more likely to get the victim punished than the offender and almost 10 year career which i was very invested in and i gave a sex offender who was not even put to justice or put on the registry this is
5:48 am
simply an issue of our in violence male sexual predators for the large part of target whoever is there to prey upon whether that's a man or woman. why do we go to war because we view the key to economic growth as oil and energy we go to war is vice president cheney said for the oil that's why they invaded iraq for the oil that's why trump says the one thing we want syria we really don't want to go to war with russia we want to just control the oil. and the gas blood and the pipeline through afghanistan so the military is really an extension of controlling the world energy and oil. descriptions sound up to tell you. even for the owners so how to choose his pet food industry is telling us what to feed our pets really more based on what they
5:49 am
want sounds and was necessarily good for the pet turns out may not be as healthy as people believe we have animals that have you know diabetes and arthritis they have auto immune disorders these allergies we are actually creating these problems it's a huge epidemic of problems and i believe can be linked to very simple problem of diet and some dog owners so heartbreaking stories about their pets street to larger corporations are not very interested in proving or disproving the value of their food because they're already making it a 1000000000 dollars on it and there's no reason to do that research. it's not quite meditating on a mountain top but every week we are taking a look at the issue of biohacking the effort to alter our minds or train even trick
5:50 am
our bodies into becoming more efficient one of the big ways that we can bio hacker bodies is through nootropics and inner minute fasting so in a minute fasting is a process by which a person fast for a number of hours in order to encourage the body to burn fat storage it is not starvation it is really the process of tricking your body into efficiency as for nootropics that is a cognitive technology this includes certain food supplements or drugs that are taken to improve memory learning focus mood concentration motivation and attention all of which i need a little more of each day pretty basic stuff here and while it's commonly referred to as biohacking this is really just about bio efficiency so joining us now to discuss is geoffrey wood the c.e.o. and co-founder of h.p. and my saying that right me in manners there a different way to say that every. 80. and it stands for health via modern nutrition so you got it perfectly ok there you go so you know some of our viewers might remember you as we certainly do from the shark tank t.v.
5:51 am
show you were pitching your company at the time when you were sharing ideas about intermittent fasting and about nootropics a lot of people would you say were not familiar with this including kind of this idea of fixing human health and performance through dieting and fasting is it strange to you that only 3 or 4 years after your appearance on shark tank that so many more people really across the world are familiar with these ideas. it's not surprising that sense that that's essentially what we predicted. and i think if you look at the whole 'd evolution of the science and the evidence piling up it wasn't surprising to see where that trend laid i think i'm pleasantly surprised by the fact that it's gone from something that was. yes fairly nice to know you have hollywood a list celebrities to performance athletes to diet in unfastening the highest search google trends so in some sense it's going faster than planned which is
5:52 am
really surprising and pleasantly surprising because we care about ultimately improving health outcomes and health performance so it's overall good for society and our population that these trends are actually the same into the mainstream and i guess could you just break it down for our viewers where you see the difference lies between actual nootropics and perhaps adaptations because it's 2 very similar subcategories. when people ask about specific definitions i sometimes left because these are very arbitrary distinctions in an overall class of compounds right at the end of the day what i think about is that we're a system primarily we're off the mice and human system and our central nervous system our brains and these are all orally ingestible compounds. be called adapt the genes which are often tentacles plant molecules that control mood controlling
5:53 am
zaya tea which sometimes have an overlap with nootropics which are a much more of a classic called him an answer so to keep it simple they describe classes of orally ingestible compounds. the genes tend to be more plant focused. little bit more holistic in flavor who nootropics are sometimes more than that ik a little bit more rigorous in terms of the clinical trials that have been done on healthy human volunteers ok so jeffrey so let's talk about intermittent fasting a little bit so i'm i actually do in a minute fasting i use it i'm certainly not the poster child for they've only been doing it for about a month now but i've been trying to explain it to people it is very different because i think the question that comes up so often is people say why would you starve yourself and it's very different than your body going into starvation can you give people just kind of a quick overview of how it works and why it's useful beneficial. yeah in amman fastings village is a thoughtful pause in consumption so in our community which we've started for
5:54 am
almost 5 years ago now we've run one of the largest in a minute fast and communities people often ask is this the sordid eating are just popularized eating disorders and my quick answer is that the standard western diet which is driving 3 quarters of us to be overweight and obese and one 3rd of americans to be. diabetic that's actually disordered eating so i'm just really reflecting the script saying that it's actually and session really consistent to have thoughtful pass' in consumption so again what does that mean in practice well there are different routines or protocols interment fasting so something as simple as. skipping breakfast and having a later lunch an earlier dinner 168 or 16 hour eating window 8 or 16 hour fasting window our eating window is a very common 1st step in intimate fasting and then people get more sophisticated or want to really ramp up fat and bring their own fat getting taking ptosis that's
5:55 am
where people start doing one meal a day or multiple day fasting and i would say that as you get into longer and longer fast definitely consult a primary care practitioner or understand the literature before you start doing a little bit more extreme activities in this kind of make sense you want expect to run a marathon off of the couch in a week and there's a similar adaptation in terms of fasting yeah well i love thoughtful pause and consumption can apply to a lot more than just food jeffrey. thanks so much for your insight. thank you. it's a part of. human mind stored. to be downloaded into any. place but if you're stuck with the story you die. as altered carbon kicks off
5:56 am
season 2 on netflix you can't help but wonder if 300 years from now we have conquered death with digital immortality futurist and former labor m.p. dr ian pearson said that over the next few decades we will start to see the blurring of lines between human and machine technology for things like retina implants and chips are already here and by 2050 he believes that we will achieve quote electronic immortality sounds a lot like stacks so of course those will be only available to the ultra rich in the foreseeable future summer to the mets depicted in altered carbon and in order to live long enough to see that future the ultra wealthy population of today is spearheading the longevity industry now this includes spending thousands of dollars on young blood transfusions which yes it is exactly as it sounds to transfuse someone younger healthier blood into your own body which patients have reported renewed focus better memory improved appearance a muscle tone they are also spending up to $200000.00 to crowd generally freeze their brains and body at death in the hopes that they will be resuscitated in the
5:57 am
future once technology catches up some pay extra to have their brain scanned at death loaded into a digital consciousness in the future now something a space those who've signed up for these services include amazon's jeff bezos pay pal's peter thiel google sergey brin new media stars dimitri is tough and oracle's larry ellison. while the idea of very wealthy people taking blood from young people and living forever on it that's an old term it's called being a vampire but and members don't live forever as any idea there is something to that i think you could take some of those people in person with the idea of a vampire not that i'm saying they're vampires but you know what i'm saying yeah it could be pretty interesting and then the idea of going to. freeze our brain freeze your brain and put it into a robot later it's basically like having a stack right i guess you wouldn't you couldn't have a soul though how does it where does i could transfer the soul get transferred into the body that's my season 3 well. so now you've got to catch up with all the carbon right that's over this time you can catch
5:58 am
a boom bust on the man of the brand new portable t.v. app it's available on smartphones to google play and the apple app store is by searching portable t.v. or you can stream us to your t.v. by downloading portable t.v. app on apple t.v. and online at portable t.v. dot com and you can also find our coronavirus tracker on the point to the app where you can get the latest news and information about the virus and as always check out on you tube dot com 5 i must. say next time. we'll. tell. you. yes will this is how the.
5:59 am
i. miss the great american boxer mama dolly once said he who is not courageous enough to take risks will accomplish nothing in life risk averse is one thing that is not from being a key member of the mit blackjack team to investing in promising migrant into printer but what is
6:00 am
a risk and how do you know if it's worth taking. the headlines this hour greece and turkey fire to gas as tensions on the border rise with thousands of refugees trying to get to which is turning them. also to come the world health organization warns it is too early to hope for an end to the writing of virus by the summer and spanish students plans to give parents the final say on why the children take sex education classes we debated the. proven throughout the world that early good 40 age appropriate relationships extrication does actually work to say that the state must come in. into an area with which parents be doing extremely well for thousands of years it is just a.

24 Views

info Stream Only

Uploaded by TV Archive on