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tv   Boom Bust  RT  June 1, 2020 4:00pm-4:31pm EDT

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this is. this in france this is for the sign. this is 8 the one business show you can't afford to miss their montage in washington coming up protests across the united states lead to an arrest and just order all in response to the death of george lloyd will discuss police brutality and income inequality drug makers are focused on a run a virus vaccine but one will be ready and how soon is too soon we have a director who specializes in vaccine to discuss we have a packed show for you today so let's go and dive right in. chaos continues in major
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cities across the united states over the last few days fueling protests went on following the killing of george floyd atlanta los angeles chicago philadelphia minneapolis and washington d.c. were among some of the cities that imposed curfews still protests continued protests that began peacefully ended in may 1 windows were smashed buildings were vandalized and police vehicles were set on fire stores and even small businesses were looted a number of retailers including target c.v.s. and wal-mart all temporarily closed some of its stores are cross the country nearly 5000 national guard soldiers and airmen were deployed in 15 states and in washington d.c. and more than 4000 protests were arrested actually banks is reporting from minneapolis. my dear any of the people who are divorced lloyd was killed by her job in the boat a week ago today great. well there are about 50 to 75 people who are looking down
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flour or something at all ready to leave for those who knew him and they feel that he was clearly a good part of my life actually he still got a good 5 limbs and try to turn to me and i want to see the atmosphere right now is a little different from what it was a lot of the night you know there are people there just taking the picture and walking around the water at least trying to remember mr george leads the life of you know it's pretty hard to imagine any way that they could be when you got what was it 90 minutes of video watching them standing around with a guy slowly dies i mean you know i was you are wrong that it was surreal and not a lot of follow real words it was her you know there were protesters were you know riot and completed all the best you to describe it is not in the spirit of the sort of the city where this can or has always been. an atmosphere of respect
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and safety and purpose. the rest of inland so much. and you know that's that element that everybody talks about of the people congregated for a small town or a little girl but this corner has been you know many more protests are scheduled for the rest of the day has protesters say they won't stop until just what is served now would it not look like a little protest they're saying they won't stop until the meeting for the whole series are charged and convicted and they still won't stop intel officer shubin $33.00 murder charge is changing to the 1st degree i'm not really big on importing any apple. for more on the ongoing protests we're joined by watching the hawks host a mish across i mean thank you for being with us today you can see the frustration in these protestors it stems out only from a racial disparities but also from the. the criminal justice system right it's
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healed by the economic inequality that's felt more even now more so by the pandemic what are some near term solutions that we can we can look for to ease some of these potential burdens on the health care system and what do you brought that up there because one of the things i think is missing in a lot of the media conversation about the protests is that this is still going on during kobe 19 this is still going on where there are some stay at home waters particularly in areas that have large minority populations because blacks and latinos tend to contract the virus the fastest they also tend to die from it at the highest rates some of the things i think in the short term that we could do one is make sure that for those who are still working that that p.p. equipment is available we know that across america there are grocery stores drug stores things that we consider a part of our daily lives these are required jobs positions that individuals have to take part in but all of those jobs aren't requiring and don't necessarily have the people equipment that is needed for individuals to perform their jobs at the
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function they need to and still be safe one of the other things i think that we need to do is make sure that there is more funds going out to the families themselves we know that that $1200.00 that was issued from congress a while ago doesn't mean anything today the 1st of the month is today we know that there are many people who are still barely making ends meet who don't have enough to cover their rent for the next 2 or 3 months folks who even before the pandemic hit we're making barely minimum wage and trying to raise families off of that as well we're also looking at the fact that a lot of those families have their young people at home they don't know when school is going to be opened again and daycares are shut down as well so i think that there needs to be some bit of leverage in terms of childcare assistance as well and a plan for what that actually means for families who have to go to work every day but also still have young children at home and i'm glad you brought up that angle of the unemployment rate that we're looking at as it is we already know that the black community suffers from a higher unemployment rate than than whites and even hispanics u.s. unemployment rate hit 14 point one percent in april. all the coronavirus really is
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hitting an unemployment rate it's likely to reach more than 20 percent we're still waiting on the may numbers that come out at the end of the week let's let's look at the numbers here though for black americans that number reach 16.7 percent congress they may extend unemployment increase but is this a type of strain that really could catalyze this some form of significant policy change that we need like a universal basic income for for example absolutely just a few months ago everybody thought that you'd be i with some crazy idea not really taking into account that we might have a pandemic or something that would have quit our economy the way it has but to be fair the issues associated with black unemployment as well as that of latino's are things that we've dealt with across this country for a very long time the unemployment rates are exacerbated by what we're seeing with the pandemic but when it comes to having worker safety when it comes to having wages that actually are a lot of for you to raise a family every day that's something that black communities in latino communities have been fighting for decades at this point i think that you guy or
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a i don't think that this administration the top administration is going to do anything with the with the term but i think that there is something that needs to be done and we will see it in terms of some level of financial security for individuals how much that's going to be and how many months we're going to see it happen i think it's still up in the air but it's an election year so i don't want to say that they're not going to do anything we're still waiting on a possible more stimulus we have a little over a minute left but i do want to ask you this what's next these protests aren't going anywhere what's next more amplification one thing that we have learned over time is that protests work and protests interestingly enough protests that have a certain element of violence are ones that get people to move we've seen this throughout history we saw with stonewall with the old g.b. team movement we've seen it with how our nation actually became america and i think that you know these sustained protests across multiple cities are going to really push people to understand that there is a level of african-american when it comes to just being upset the american dream has been. defrauded from black people but in addition to that calling on our nation
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leaders as well as state and local leaders to actually stand up and do something about it we're still waiting to hear publicly from president donald trump who hasn't come out yet i know that they're saying that he has he's tweeted out a few times but that's simply not enough for the american people and this is an issue that we know both the white community in the black community and hispanic community everyone recognizes is an issue and we should cross host of watching the hawks thank you so much for your time thank you. the chrono virus has infected more than 6200000 people globally a race for a vaccine continues a little you reported it started an early stage trial to test its potential treatment for cove a 19 san b. c explain the treatment is an antibody directed against the spike shaped protein structures of the virus and it's designed to block it from locking on to human
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cells thus neutralizing the virus will gilliatt announced results from its phase 3 trial of ram does appear on some more moderate patients that were hospitalized with kovan 19 results previously released did show the drug used on more severe patients but on day 11 a higher number of patients in the 5 day treatment achieved improvement under the clinical status while those receiving the 10 day treatment of rum does appear were also favorable but not yet reaching statistical significance well for more joined by dr paul offit director of the vaccine education center at children's hospital of philadelphia dr thank you for joining us today. there is a lot of competition on this hunt for a vaccine we have several drug makers there working and lastly on developing this vaccine are we beginning to see these promising results from these ongoing trials. to really tell you the way that you'll be able to get these tributes ward will see
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will control mall will be that 20000 people with. only a one of these that's really arcee. or not that's a problem we have so many companies drug makers trying to push it many are worried that a 2nd wave will come especially with the reopening of the economy and now these protests across the u.s. these companies are working. hours they seem to have a lot of time explain the importance of testing these axioms and really ensuring that there's safety in these candidates who are participating in these trials. to remember when these vaccines will end and we can make a successful vaccine there's no doubt in my mind the virus is generally stable it's not like it when we're going to have to immunize their year we know the protein were interested in it's that protein that emanates from the surface of the parts of what spike protein if you can make in a plot against the tank against these all that's good but this process house to play out the way it always plays out which is what the fades and we're getting
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there and it's a little frustrating this kind of science by press release so you don't really know where we stand you're not going to know where we stand here we do these 3 space we will be gone i think what we will likely have a vaccine by the middle of next year maybe earlier but we have to let this process play out because you're right most of the people are going to get this vaccine are healthy young people those are not the people likely not in this virus and we have to hold to our standards say. here's my question if it is released by the middle of next year i know oftentimes vaccines take years of testing that's a very much accelerated what are some of the ramifications that we can see are will it be too late. well you know you when you if you test a vaccine same tens of thousands of people pre-placed your pre-approval that's not tens of millions of people so you may find out there's a rare safety issue you know you're probably not going to know about how long duration of immunity lasts until this vaccine has already been held there for a couple years but again you can be fairly confident that the vaccine doesn't have
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uncommon side effect problems and pretty confident that it works and works well before it's approved so i think we can at that. scientists are worried that with the decline of these new chrono virus cases and even lower level transmissions that it it is going to be harder to then test the effectiveness of these potential vaccines do you suppose that a rise in transmission rates from nationwide protests for example could actually provide these unforseen opportunities to then test the efficiency of these new vaccines it's possible most of the protests the outside were your were less likely to transmit than if the protest were currently in a smaller clean clothes space but i think the of the goal of these trial going to be to try and do the myriads where there are there is either one going transmission or there's a prediction of an outbreak not only united states but in the world so i do think we will be able to figure that out but you're right you have to get a little maki to make sure that you have enough case that you're conceivable which you can tell whether the vaccine really was effective when some of these drug
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makers are going as far as to say that they're going to need to in fact healthy volunteers with the virus in order to really produce the vaccine could this idea really pose to many of the coal challenges to be carried out. you know i don't think it's really just an ethical problem i think is the question is will it really speed up the the the making of this vaccine it's not as easy to do the challenge that is it as you might think you have to make sure you have the dose right you have to make sure that it really mimics the clinical situation the virus that you're going to be inoculated also going up in a laboratory and does that mean that exactly what's going on with the virus that circulating it's not quite as easy to me plus that you mention it's not really a rescue drug if you're inoculate people with a potentially fatal virus so i don't think it's going to actually speed up the process. china has has had a little bit of i guess you can say as of more more information on it because they were the 1st to have the chrono virus they too are working on on a chronic r.c.s. vaccine do you see them trying to find are actually finding
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a vaccine and manufacturing it before the united states or even any other country. it's possible they were actually the 1st to publish a paper in a medical or scientific journal lancet going through what they're up there on his work with the so-called replication is back to the common cold virus in which they genetically engineer of the gene that encodes through that who are so rich wrote the the data are all that promise to correctly but again i think we're going to learn a lot over the next year and there has never been more interest more money or more expertise in developing a vaccine in the history of this one but we definitely are more advanced technology and we have the medical scientists there who are working on this vaccine for endless hours and hopefully it won't be too long before we can find one dr paul offit thank you so much for your time director of the vaccine education center at the children's hospital of philadelphia. time now for a quick break but hang here because when we return from breakthroughs and how to
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breakthroughs in space will talk about the 1st manned space x. mission to the i assess what space entrepreneur rick tumlinson as we go to break here the numbers at the club. i. like it was really a host ask the question for the guests and then actually listens to the guests answer and then react to that answer a folks dennis miller here i've got a new show.
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i'm a journalist it's all i know being a truth teller people say i make among come from good news is like a jackhammer good drill down and they find the truth newt gingrich says it's time to do news again and question more. listen subletting online algorithms dictate what you get to want to go to portable dot tv slash download to get killer television it's completely separate i'm talking award winning comedy awesome sports coverage inside so fresh still tastes like raspberries on a spring day takes so hot they'll burn your face off thousands of videos more added by the hour did i mention 3 it's a yes 3 go go get it portable t.v. . be your questions birth new questions number it's as stars and lists as the sea and bring you all inside
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just to death and. if drive all that remains in question. on larry king question listening learning you know i've always said i never learned anything when i was talking it's important to a less of a. question more. trade hostility between the world's 2 largest economies continue to ramp up this despite months of progress between the united states and china prior to the pandemic but as our team alex mchale of its reports the latest escalation may lead to
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a lot of blowback. with one statement says president truman took the trade war with china to the next level i'm directing my administration to begin the process of eliminating policy exemptions that give hong kong different and special treatment since the city state reverted to chinese rule in 1997 hong kong has enjoyed a march trade and commercial status which the american president now says he will revoke in addition trump is threatening to add sanctions and possibly other steps that could negatively affect chinese businesses and hurt hong kong's position as a major global financial center while the us president's statements were carefully made to punish china while shielding the u.s. some investors believe the u.s. economy may also feel the pain analysts say that trumps moves could drive volatility in global markets creating an obstacle for the u.s. stock trade and the country's economic recovery from covert 19. current mass unrest
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in the us and some dangerous cocktail in the making one u.s. sector that is especially vulnerable to what is happening between america and china is tac the technology sector is exposed because of its dependence by chains that are closely tied to chinese manufacturing many of the companies also have large consumer markets in china in addition if china's government chose to it could make quite difficult for american tech companies working in china so far that hasn't happened even with the u.s. becoming increasingly aggressive in the trade war china has been rather level headed it says that it has chosen to stay committed to. deal should you change. china sticks to the path of peaceful development we china is extending openness and deepening cooperation with other countries china is the significant power for building world peace study development and prosperity china's measured response to u.s. aggression has to a degree proven effective the private survey has shown but in be trying to
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manufacturing sector expanded beating analysts expectations meanwhile as elections approach in the us many are expecting more political and economic attacks on china and some see if things are pushed to for the us could end up hurting itself in the process to bust i know it's my heart. the historic space x. dragon successfully launched over the weekend billionaire company launched astronauts from american soil for the 1st time in nearly 9 years will the astronauts describe the experience after docking at the international space station . from a futuristic standpoint i think you know space x. from the very start of that company has tried to be very forward thinking and cutting edge and it is one of the factors that went in the design of the crew dragon and our space suits and everything about the vehicle as far as the docking
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was concerned. dragon flew pretty similar to shuttle it had very similar characteristics the automation would have made the air did make the same corrections that i think either bob or i would have as we were coming in and the thing that really stood out to both of us and we mentioned it as soon as we docked is we didn't feel the docking it was just so smooth and then we were docked which in shuttle you felt a little bit of a jolt. for more we're joined by rick tumlinson chairman of space junk rick thank you for joining us today such a historical moment that we saw 1st privately designed and built spacecraft a success. doc with the i.s.f. on sunday everything seemed to go off without a single glitch we were able to watch the astronauts live during takeoff it was just so incredible what are your thoughts. i just it was heralds a new era i think that. kind of shot it was that mirrors that only the younger me
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that astronauts are who are very close to space contractors now what you might call the rights. you know and so i think we're going to start seeing more and more and more activity there are led by made. by the private sector like people all that that's incredible here the overall contribution to this offer is that more development and exploration from these private companies what do you see going on in the future how how much will these companies invest and is this something that the government essentially going to minimize their their money into. but i think it's very important and i try to get this across whenever on talk about what you want to ask or just babies r us what's in somebody's blue origin or do it and you know there is this characterization that this is rich voice and it's always know that in our really
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what's happening here is these 2 gentlemen a lot of other people i know that are engaged in what we call space revolution are actually doing this to obedience ends up so that eventually regular folks like us can you know so it's sort of a hand-off moment and yes it will save taxpayer money but it will also create new opportunities for all kinds of people to get out there and come up with all kinds of cool ideas nice things to do what actually do you think further the creativity than what a private model for space exploration actually be sustainable given the massive cost and even the risks that are associated with that. oh yes absolutely look at any any new human from sheer numbers with we know. but what we're going to see during the next stages of development are going to be slowly reusable space ships and when you get some full reviews ability look imagine if you were taking an
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airplane and everywhere you went you had to throw pieces away and then rebuild the airplane to fly that that's how it's been done up until now we have complete reusability and space ships that operate like aircraft cost is going to slum it and it's the cost $1.00 that's more people can go more things can have that more ideas can be created because you'll have more people out there able to use the environment to come up with new products new things that we can do so it's a very very important turning point more usability at last taxpayers' money and all those things now that we have these billionaires in the space sector and we're using we are seeing these results is there a concern that since they aren't there to make the money they may just give up the endeavor if it doesn't move fast enough like heading to mars for example. you know i again i like we know both both of them are going to top billionaires as well that
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i you know i know our community there is a drive behind this reason you're seeing such excellence coming out of space and the other companies because they are jews ribs and one of beliefs that we are here to go out there that they want to see the human settlement of space we want to see space opened up as another domain for humanity and lights it is a drive this is not about making money at the 1st or now people will come along and leverage off of what's happening then you're going to see all kinds of businesses and new products and it's like that the core drivers behind the line in jobs and branson and some of us is to open the front seat here so that people can go out there and do what it is they want to do what how much confidence is actually going into that mine to these these businesses these private companies how much confidence do you see coming out from it. i'm very confident and you
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know frankly do we have to acknowledge that we're building a lot of we stand on the shoulders of giants here. the russian space program the american space program that have been out there for so long for a weakness and b. and that we're coming along and adding a layer of technology as you saw the automatic birthing with the space station. what role that is comes from a place of doing a lot more opening and opening it up you know it's been closed essentially since the beginning of the space program since. well to this elite group of government of . a marriage what will happen when your kids or your your family or you know for help the chance to go out there and do this and this is definitely a huge turning point oh a lot of people comparing it to the walk on the moon just a historical moment indeed everyone was very excited rick tumlinson thank you for
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your time in your analysis. that's it for this time as always check us out on you tube dot com slash boom bust our teeth we'll see you next time. the world is driven by a dreamer shaped by one person. thinks
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. we dare to ask. why but it. well here are the bullet points. for those of you keeping score. cities are on fire. 40000000 unemployed. in america. g.d.p. of the climb by 50 percent in the 2nd quarter. of last a day of money is dead. small businesses are dead. and jay powell said chairman says this is fine this is fine this is 1st time. according to several sources police in the united states from 2 to 4 people every
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day. one of my being arrested for a response from me and. it's just their little. they developed just us against them with. a long history of 2025. never have to shoot someone. there's a corruption i think. welcome to redacted tonight this is a show where americans in america covering american news are called foreign agents
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for the 1st time we know exactly how and who even legally spied on julian assange every word and movement within the ecuadorian embassy when he was stuck there as a political prisoner we also know about other plans to possibly kidnap or poison him this breaking news is a sordid tale that has been revealed thanks to an in-depth investigation by the gray zone. the story involves the cia to president of aqua door and israeli bodyguard and at least one billionaire sociopathic donald trump puppet kidder whose name i won't say on television but it rhymes with sheldon adelson. no i meant well then dad also. let's start at the beginning join us on was in the ecuadorian embassy starting in 2012 seeking refuge.

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