seen in the great depression the white house may have an idea to track how to run a virus and where people are getting treated but what does it mean for privacy and security we have a show for you today so let's go into. a global pandemic still taking thousands of lives the universe or old death toll is now at nearly 94000 that with more than 1500000 confirmed cases the u.s. remains the country with the largest number of cases with more than 451000 the death toll continues to climb with nearly 16000 fatalities the main model used by the white house now predicts even fewer deaths it's down 260400 15 that's down from the 82000 shown on tuesday well new york state alone has more confirmed cases than any other country with more than 200000 the centers for disease control and

prevention put out new guidelines for essential workers. if they're asymptomatic as the vice president said. they could go back to work if they do several things as we say here take their temperature before they go to work wear a face mask at all times and practice social distancing when they're at work meanwhile europe is also seeing signs of a potential slowdown but its models show the death toll will surge 215-1000 deaths during the 1st wave of the pandemic scientists are predicting that this wave will and on august 4th at the top of that list is the united kingdom the country reported $939.00 fatalities on wednesday alone that brings the total death toll to more than $7000.00 a spokesman for british prime minister boris johnson said johnson's condition continues to improve this is after his 3rd night in intensive care well italy could be easing some of its stringent lockdown restrictions by the end of april while

spain reported 683 deaths in the past 24 hours this is a lower number compared to the previous 2 days but still with more than one 152000 factions meanwhile russia surpassed 10000 cases president vladimir putin announced an extension of a non-working week for the country until april 30th in iran the country's health ministry reported 117 more deaths bringing the death toll up to more than 4100 the country's supreme leader suggested a ban on mass gatherings this is right before ramadan is set to begin later this month. logically we are going to be deprived of public gatherings for the month of ramadan those gatherings are meetings for praying to god or listening to speeches which is a really valuable in the absence of these meetings remember to heed your prayers and devotions in your lonesomeness. and for more numbers and information on the coronavirus be sure to check out our portable dot t.v.'s and lots of the section

tracking coronavirus. the organization of petroleum exporting countries and allied oil producers they held a virtual meeting seeking to find a solution to the plunging oil prices but can all of the key players make a deal that will actually last well for more we're joined by r.t. correspondent rachel blevins and boom bust co-host christiane rachel let's start with you what happened during their thursday meeting welfare the price war between russia and saudi arabia appears to have reached a cease fire as 2 of the world's largest oil producers agreed to a historic deal this according to reports the saudi arabia agreed to remove $4000000.00 barrels per day from its april production levels while russia agreed to cut 2000000 the deal was made during a virtual meeting between opec members and other allied oil producers amid a need to respond to the drop in demand from the ongoing lock down over the coronavirus pandemic as a result global oil demand has dropped by an estimated 30 percent resulting in

a push to decrease the market's oil supply by around $20000000.00 barrels per day this tentative agreement would lead to cuts of $10000000.00 barrels per day and told june with the numbers tapering off in the following months while russia and saudi arabia have indicated their willingness to cut oil production they have also said that a deal would depend on whether the u.s. agrees to join but despite ongoing talks with the saudis and support for other countries being required to reduce production the trumpet ministration has fought back against placing limits on u.s. oil insisting that production is already falling on the phone and a statement the u.s. energy department said quote with regards to media reports that opec plus or require the united states to cut in order to come to an agreement the i.a.e.a. report demonstrates that there are ready projected cuts of chew 1000000 barrels per day without any intervention from the federal. government meanwhile or prices were up ahead of the meeting thursday with the global benchmark for an crude oil futures

up 3.9 percent at over $34.00 per barrel and the u.s. benchmark west texas intermediate up 5.9 percent at over $26.00 per barrel this deal comes a weeks after a breakdown in talks over production cuts between russia and saudi arabia that resulted in a price war and increase in production which then oil prices falling to their lowest point in 18 years now sara it still remains to be seen if washington's participation is going to be a sticking point in all of this to come into a final deal and if all of these top oil producers are going to be able to come together to bring stability to the markets as is coronavirus lockdown continues well thank you rachel a lot going on at the christine what is this doing to global markets. well earlier this morning as rachel said orla jumped as much as 12 percent on the reports that saudi arabia and russia and reach some sort of deal on the output cut

with some sources that a number could be as high as $20000000.00 barrels per day however that papa stated as investors awaited confirmation and additional details to be released such as how the cuts will be divided among the opec plus countries and how long will they be in place for many are skeptical that these cuts are not as large as they're being touted to be the street had been expecting something in the range of between $10.00 to $15000000.00 barrels per day so by purposely overshooting expectations the oil cartel intended to do sentiment and rally the prices in the short term but in the long term though many analysts think that they've shot themselves in the foot for promising something that is not achievable so i mean that sounds familiar to lot of people right sounds exactly like president trump purposely over she expectations and trying to add trade purchases earlier this year with the $50000000000.00 mark will now traders didn't have to wait long at all for the pump to be stated as oil prices turn negative on the latest news in the tape that cuts of only $8500000.00 barrels per day were greeted between russia and saudi arabia last may only through

the month of may and june once again at the buy the rumor sell the news with oil train down over 6 percent and the day equities however rose on optimism that the curve is flattening wrapping up its best week since 2008 out of the fed gave more details on how they will support the economy amid the coronavirus pandemic the indexes rose one percent and the weak up 12 percent on the s.m.p. as the u.s. markets will be closed tomorrow in observance of good friday now the rally had been attributed to a chinaman bear squeeze to get stocks out of the oversold territory fiscal policy had also assisted sentiment though it will be difficult to get bush when the duration and impact of the coven $1000.00 is still unknown weekly jobless claims have jumped by $6600000.00 which means that $16000000.00 americans that's almost 10 percent of the workforce have now lost their jobs. in the last 3 weeks the largest increase has come from california michigan and new york now in order to tackle the mounting problems facing the economy the fed announced plans to inject an

additional $2.00 trillion dollars into businesses in order to backstop the u.s. economy the central banks also revealed plans to buy corporate bonds both added investment grade level as well as a high yield or junk bonds now think about that for a 2nd true weeks ago it was merely investment grade bonds but now it has expanded to reach junk bonds as well so the question remains when will stocks and equities come into play similar to what japan is doing now that would really be the last nail in the coffin for the free market co-host christi i n r t correspondent rachel blevins thank you for that. on thursday the u.s. department of labor announced like christy said another 6600000 americans that filed for unemployment altogether about 16800000 people have now filed unemployment claims for benefits in just the last 3 weeks now those are record numbers we're talking about here record lows the lowest since the great depression when 8600000

people lost their jobs but that however it was in a matter of 2 years well let's bring in c.e.o. and try to get well intelligent former federal reserve insider danielle de martino both danielle thank you for joining us today i want to look at having me and start with the employment now we're looking at a loss of about 10 percent of the workforce and just the last 3 weeks j.p. morgan saying that it could go as high as 7000000 now will it. i think that we will indeed see a 4th subsequent wave a 4th subsequent week because if you look at the most populous states in the nation we're talking about florida new york california as specially texas texas has a huge backlog of unemployment insurance the servers are simply overloaded georgia's come up into. states that are locking down after many after the east coast and after the west coast lock down same situation with florida unemployment insurance system simply cannot keep up and we know that is

a portion of the labor force that these large states have a much lower percentage that are actually collecting unemployment insurance in other words the next 2 weeks we're going to see waves continuing to come through as these claims are processed so yes i think that we're going i think that 17000010 percent of americans one in every 10 workers i think we need to consider that still unfortunately and sadly and tragically a starting point but let me ask you this when it comes to the small business loan the is being offered to these small businesses they've already laid off people we're not seeing the rehiring process yet because they still have to sum it up locations into the bank right so how how bad is this actually going to get i mean these are numbers that are worse than the great depression. they are worse than the great depression and you know sadly we think that we live in the information age but the communication from the administration the communication from the small business administration has clearly been convoluted we've had to do piecemeal

band-aids on this small business lending throughout the entire week and now you've got the legal community up in arms because such a large proportion of small businesses in america have independent contractors self employed they don't qualify to apply for these loans so you've got also a backlog of people who have no choice but to lay off their workers because they're not w. 2 employees so the work is cut out it seems like the federal reserve is doing everything possible for the largest employers in the country and for investors on wall street but one week later after the rollout of this as to be a program you've got way too many small businesses left behind i want to move on to the international monetary fund they are scheduled to me next week for their virtual they're taking them virtual their spring me to. but head of the i.m.f. crystal george said that the pandemic is that turning up global economic growth sharply negative that the world is facing

a worse economic fallout since the great depression that if the pandemic doesn't ease after june it could be much much worse than we could only see a partial recovery in 2021 that's still what 7 months from now it 89 months from now what are your thoughts. well i think what we're learning especially if we look at the microcosm of the deep south in the united states is that covert 19 is not necessarily whether agnostic it's not necessarily going to be less contagious just because the warmer weather is setting in and to the i.m.f. point that has tremendous implications for the emerging markets for africa for india for countries with much much less in the way of health care infrastructure and the way that it could pull down the global economy at one estimate this morning that said that estimates right now where covert 1000 is. 195000000 people losing their jobs worldwide and again this is under the assumption

that we're going to be able flatten the curve and that covert 19 responds to warmer weather we're not sure of that we just know that it's only been around since mid november we can't draw any conclusions just yet especially if it's going to be cyclical but the i.m.f. did double its lending capacity $200000000000.00 but who knows whether or not that will even be enough that i want to have on to the federal reserve we talked about it you mentioned it earlier they announced plans to inject another $2300000000.00 into business and revenue pinch governments chris you mentioned earlier today is this going to happen just a quick 32nd answer if you will. i do think i think that the fed is definitely willing to do whatever it takes they've shown that they've crossed that red line in the sand into junk bonds and showing that they're willing to bail out investors so you know i jokingly tweeted out earlier today somebody said what are they going to be buying stocks and i. said check back next went next thursday morning before the jobless claims reports come out they might be buying stocks by then and they could be lending to individual companies as what their next step could be a son chile from what we're hearing but former fed insider booth thank you so much

for your insight. thank you stay safe. time now for a quick break but hang here because when we return we'll continue our conversation of unemployment and what it means for workers like hoover and tukey driver if we go to break here the number is at the close. with the coronavirus now officially declared a pandemic the world faces the additional burden of an oil market collapse this comes at a time when demand for crude was already blown some are calling this the ultimate perfect storm how this all ends is placed against. this is a story of women and women was troubled histories and complex cold cases you know

some of those deadly leave who lives out there. who are not. the person that they're in the cheesiness of the day are considered the most dangerous of criminals she's in a still. all the last 23 hours of the day tell me that it's not enough punishment that it will give women on death row. i would say we could have prevented this pandemic but we weren't ready for a number of reasons because you know the problem is that companies that are making vaccines and other virus they want to make a profit so they don't make them if there is no virus to make them against them so after sars wanted disappear very quickly there was no incentive.

to. before the break we spoke today. i do want to clear that up the federal reserve is injecting $2.00 trillion dollars not 1000000000 trillion dollars into the small businesses but moving on to the coronavirus pandemic it's driving unemployment numbers in the united states to heights not seen since the great depression we discussed earlier but even as a number of skyrocket companies like are looking to pass new laws that will allow them to keep treating employees like contractors with only partial benefits legal journalist. with africa and the pushback it's getting really good to see you let's start with who is now proposing something like this correct. yes so this is their baby the c.e.o.

wrote a letter to the president saying hey you know in these got this spin on it essentially that says we want to treat our workers evenly they should have access to some of the same unemployment benefits that full time employees if you will are considered and that's the gist of what i got out of you know what he was trying to say but he was sickly was to have a legal definition that defines redefines really employment so that he can validate the business model that he has now which is essentially using these workers as part time employees if you will with only access to partial benefits that their contract workers what they're called and he wants to basically make that official if you will in a legal sense and so it's got a lot of pushback from a group of about 50 labor groups including gave workers rising legal aid society to name a few and they're urging lawmakers not to listen to this there they're saying look these they've already misclassified these employees this contract workers and as a result they were living paycheck to paycheck and they have been hit among some of

those that have been hit the hardest by this coronavirus pandemic so they're urging lawmakers. again not to listen and are even saying you know we're rather appalled that any of these ride sharing services would even propose a law like this but it's an issue that's going on across the country and it's similar to a bill or actually a ballot referendum that's trying to make it onto the ballot in california to have voters vote on something very similar to what it is suggesting to the president they're suggesting to the voters of california in answer to a law that was recently passed in california that made it harder to define these contract workers as that sort of volume in between the cracks employee that only gets partial benefits they're trying to make it for these companies have to pay more benefits well and what about the the broader aspect of this the more general looking at the gig workers like cab drivers for example in new york city they're union workers how are they surviving during this pandemic. you know

there's a couple of great articles that are out there talking about what these cab drivers are going through from california to new york to washington d.c. like you mentioned i mean it's beautiful weather outside 9 many parts of the country this is the time of year when you would have spring breakers all the governments did not close the beaches of florida but you know it's a big it's a big business booster and this time of year whether you're going to see the cherry blossoms in d.c. or taking a trip to a big city like new york or san francisco and so these hotels are empty people are traveling whether it's a cab driver or. driver a ride sharing driver work or you know restaurant staff they're all losing money and they a lot of these folks are living paycheck to paycheck and they don't have the you know options to fall back many of them with those unemployment benefits that perhaps a legally defined full time employee would have so you know they are struggling there they're reliant on savings what little they have also credit card debt and

again this is the reason why these labor groups are saying now is not the time to try to legally redefine what employment is we need to be having these companies that are benefiting from this flexible contractor work model be the ones that are pouring money and not the taxpayer into these increased unemployment benefits like you're seeing with the stimulus package and the money the federal government's pushing towards helping people in these difficult times and they're saying these corporations that are benefiting from this flexible contractor business model should be the ones helping as well a lot of doctors that we've talked about manufacturing technology it seems like nearly every sector that we're looking at has been hit pretty hard by this coronavirus molly barrows contributor with america's lawyer thank you so much for your time. this. white house adviser jared kushner has reportedly a task for that's reach out to a range of health technology companies about creating a national her on a virus surveillance system well the goal of this system according to politico is to give the government

a near real time. of where patients are seeking treatment and for what and what our hospitals can accommodate them well according to 4 people with knowledge of the discussions but what does this mean for privacy and civil liberties well joining us now to discuss that beyond us co-host and investigative journalist ben swan ben more privacy concerns possibly here what do we know about the state of it. first of all to give you an idea of how intrusive this database may be a lot of people with knowledge about are referring to it sarah as the patriot act for health care that is how intrusive this would be it would actually be a database that has been compiled from private data companies gathering information on people where they are when they go to the hospital what they're seeking treatment for how many hospital beds are available and it would basically comprise a massive database in order to track the corona virus and again listen. coronavirus is a serious issue the economy is facing a lot from it people are facing a lot but at this point it has not been proven to be this deadly plague wiping out

the world so the idea that we would invade into massive areas of surveillance in order just to prevent it from continuing in the future just seems a little outlandish a little outlandish to say the least but are there issues here that go beyond just privacy. yeah there actually are issues so you know you have the privacy issue which obviously is a huge concern for a lot of people when it comes to civil liberties and remember when we talk about privacy health care privacy federal laws and state laws there are so many laws surrounding health care privacy right now that creating that gigantic database with everyone's medical information and it just seems like it's right for hacking and how it can even be legal it doesn't even make sense but beyond that you also have a lot of companies that are reaching out to the administration to help be a part of this because there's big money in this process we're talking about probably hundreds of billions of dollars worth of contracts that would be awarded to companies to pull all these databases together remember what we just saw with

the pentagon and amazon that $10000000000.00 deal for the jet i contract for cloud computing well this would be an even larger contract probably so you have a lot of private companies getting in that reeks of cronyism and these companies that will profit off building databases to track you in the end our health information why not just that but now some health care professionals are also voicing their concerns about this type of network right why is that. well they are and one of the reason that they are is because again health care information is extremely sensitive so when you start talking about using private companies to build databases for profit companies to put this all together working with the government to track and surveil people and to put together these lists of their health care information it reeks of many of the trappings that health care workers what about all the time the sensitivity of that information can it get out if it gets into the wrong hands what can be done with it and also again how are people tracked from that you know what's fascinating about this corona situation right now

is how much bad information keeps coming out i even within those databases right now we're seeing and we've got a reputable we're seeing so many issues with pneumonia cases suddenly coronaviruses responsible for every pneumonia related death in the country when in years past the numbers suddenly this year for pneumonia would be way down and coronavirus way up so there's a lot of problems with collecting data and properly analyzing that not just that but i want to ask you one more question then as far as universal testing how much of a consumer confidence while that actually help when it comes to universal testing a lot of people calling for it saying that the only way to end this pandemic what's your take on that well look there's there is a lot of talk about universal testing right now the question becomes number one on the tests accurate and number 2 what does it mean if you test positive for corona virus does that mean that you are now going to walk around with an ankle bracelet on does that mean you'll be monitored everywhere you go because that's happening right now in kentucky there's a judge in kentucky who has people walking around with electronic ankle bracelets

on because they have coronavirus so that the state knows where they are because that goes into a whole other level of surveillance like you said especially a 50 or 20 percent whatever that number is of people are walking around asymptomatic that's even more dangerous than with co-host and so on thank you so much sir thanks. well that's it for this time you can catch boom bust on demand on the brand new portable t.v. available on smartphones through google play and the apple app store by searching portable the t.v. or 3 must your t.v. by downloading the portable t.v. app on apple t.v. and online a barbel the t.v. as always check us out on you tube dot com slash 2 most r t you know that. leave. the. city on.

how. when i love being in this is knowing sunk in something they don't know yet but how the might of the us i mean don't. you love the. moment because we've gone to mix time astronomy. sharing. some emotions. that's. very uncertain. heart.

broke up and the baby had a fever of 380.30 we're hoping that. that it will all be ok. during this crisis. the question us always ben and jay powell over there is federal reserve and other central bankers inflate our reflate are pumped up. quick enough to you hurts any downdraft in the stock market i know economically that's got a lot of problems associated with that but that's the big question. she manatee is on the edge of a precipice thanks to continuing destruction of the natural world.

you just seem laid out a lot of bills lots of you could losing much and from that if you. let the members. of the new girl think. that over the war. or the. only dealing in myanmar. as a little book you. can stuff it and ship them through that. human activity has brought us to the brink of the world's 6th major extinction of it and the people in this film just come take it anymore.

i'm going to fulfill the repeated promises of possible to the people on time i should be there with all pots. pretty. pretty rare bertha now you want to 1st correct that. no. cut cut cut cut. cut cut cut cut length i can link up my yacht.

dr mehmet oz joins us for an in-depth one on one on this edition of politicking. welcome to politicking on larry king dr mehmet oz joins me an old friend for an in-depth discussion mainly on his advocacy for the any malarial drug that president trump is calling a game changer dr oz is a cardiothoracic surgeon and a host of course is the a mentally popular dr oz show he joins me from new jersey dr before we talk about this drug what's the effect of long term confinement on people.