this is. a business show you can't afford to miss i'm french a bore in washington coming up. today. we can say. that all along national hibernation is beginning to come to an end london's streets will soon see more people headed out if the government has announced an ease in lockdown measures but this comes as the u.s. has seen a surge in some states and markets have rallied following shock comments on trade with china but will this rally sustain and later lou is seeing a major battle at the prospect of a bailout lou we bring you the latest from the ground in berlin with a packed show today so let's dive in. and we lead the program with the latest steps

in reopening europe's 3rd largest economy british prime minister boris johnson announced the loosening of coronavirus restrictions within the u.k. on tuesday speak i can tell the house. that we would all say. restrooms and props here. will be limited to table service and dog i'll use would encourage minimal stoff and customer contact close proximity vendors such as. mike rogers. soft play areas. swimming pools and sponsors who i'm afraid need to remain closed for. the prime minister also mentioned hairdressers in the country will be able to return to work as well all of this will take place starting on july 4th johnson also spoke about continuing measures to mitigate the spread of the virus. to

stay in control of virus and save lives let's keep. staying to meet his partner of . the recent one me to where not avoiding public transport where possible where you mosque when you have to use public transport. immediately if you have symptoms so why slate constructed to do so by any chance to some trace . meanwhile here in the united states the nation's top infectious disease specialist dr anthony fauci testified in front of congress tuesday and said while we are seeing a lower number of cases in areas like new york he is seeing a disturbing trend in other portions of the nation. in other areas of the country we're now seeing a disturbing surge of infections that looks like it's a combination but one of the things is an increase in community spread we were

going down from 30225220 now we sort of stayed about flat and now we're going up a couple of days ago there were 30000 new infections that's very troublesome to me right now the next couple of weeks are going to be critical in our ability to address those surgeons that we're seeing in florida in texas in arizona and in other states they're not the only ones that are having a difficulty bottom line is the chairman it's a mixed bag. and there's concerns about another surge in cases in the u.s. continue let's take a global look at the spread of the virus with our t. correspondent sorry to have it or so let's start in the u.s. where are we right now branson nearly half of the states in the u.s. are reporting a rise in new cases and some continued to see break records from their previous speaks and behind the scenes officials are scrambling to execute a new proposed plan titled strategic national stockpile informally called s.

and as 2.0 and that's there were stock supplies like ventilators and 95 mask and other hospital supplies before states get overwhelmed with new cases but taking a look at the numbers right here the u.s. is currently seeing a 25 percent increase in new cases compared to the previous week now this map shows where the number of new cases is rising and where it's falling in the last 14 days so the more red you see the more of the wide spread of the virus now texas has reported one of the largest rises in new cases that's an increase they actually saw an increase of 87 percent from last week with the state's positive test rate nearly doubling. to 11 percent and now florida is also up 88 percent last week and there are positive test rate is doubling to 11 percent as well i mean

look at all this red that's happening right now in florida which really shows how the virus is spreading and arizona is seeing a 90 percent increase with 20 percent of test coming back positive but brand unlike in the early days of the pandemic it's not so simple to say that it's just a big cities being hit the hardest because for example in tennessee in trousers bill county which has about $7800.00 residents close to $1500.00 of those residents have the right areas and many of them are inmates at a state prison and another great example is a noble's county in minnesota or appear where right now has one of the highest infection rates in the country that actually started at a meat packing plant and ministration now claims that the rise in cases is due to a lot more testing but health experts argue that the number should actually go down

with greater testing because theoretically should be able to trace to cases and slow the spread of the virus brant what about the rest of the world where we see surges elsewhere around the globe. so right now brazil has the world's 2nd highest infection rate and president wilson their decision to impose a lockdown has nearly has been widely criticized now he even continues to disagree with advice from his own health ministry arguing that the economic impact of a lockdown would be a lot more detrimental than the actual virus itself and you know he keeps repeating the same message that brazil cannot stop the economy should reopen and that the country needs to return to normal but there is really no normal when there are more than 50000 people dead and brazil's federal district government has also gone as far as finding president wilson error if he refuses to or mask in public which he

continues to defy and then russia has the 3rd highest cases of the virus in the world and today russian president vladimir putin proposed a plan in raising taxes for the upper middle class from 13 percent to 15 percent to help cover of the cause brought on by the virus now meanwhile india has about 15000 new infections each day and this is very dangerous for a country of population of 1300000000 people who are most live in a very unequal society where private hospitals pretty much only cater to the rich and then we have neighboring pockets that's not doing any better where the government is determined to keep the economy open even as overcrowded hospitals are turning away patients and i want to go quickly over to the middle east where saudi arabia is overtaking iran in new cases and has one of the highest infection

rates right now in the middle east and for the 1st time ever saudi arabia is placing limitations on the annual hodge pilgrimage but critics are. that the program that should actually be canceled altogether and not just have limitations but you know canceling a pilgrimage would just add another economic blow i guess you can say to the king of them which is suffering of course from record low oil prices and brenda telegram had to bring is around $6000000000.00 to the saudi economy and chair r t correspondent science editor thank you so much for keeping us up to date. and despite all of these concerns over the spread of the virus markets are in the green tuesday with the nasdaq continuing record highs while tensions between the u.s. and china remain in question so let's take a look at what's going on with boom bust christiane and todd horwitz chief strategist at bubba trading thank you both for joining us so much all right. you

know we get along very well friends even i would say but you sent me an e-mail this morning you said markets are closing lower what happened why didn't that happen that. well i mean they came off to honor from the highs but look they didn't make it that far they they tried to make a late run they tried to make the right at the end of the day the melissa in the markets are a little bit overdone here i mean there's you know if you want to call it a bubble i'll call it a bubble but we promise you don't know when the bubble is going to pop but i'll call this a bubble now i think again you've got more stimulus and stimulus is not create jobs same is not create you know com companies there's still record numbers of companies going out of business every day until this country gets spread open again so again i don't think the markets look very good here but i'm certainly not going to step in front of them except you know in a day to day trading basis but overall look you cannot continue to go straight up without a real economy behind it and we've got our news coming next week there's

a lot of headwinds there to be showing that we've gotten far too excited to where we are right now and watching stocks like apple amazon and google drive the. markets higher when the rest of the underlying markets are much weaker than that so again i would not be surprised if we didn't make it lower i didn't i was not right i was incorrect but at the end of the day it's i'm certainly not going to be upset that they did sell off 200 from i told you because i'll take the profits kristie now i wouldn't move to that other point that i made there china u.s. trade relations have reached their lowest point in years and now we have comments from navarro speaking the markets further what does the outlook between the 2 nations actually look like at this point. all right now there's just this tremendous mistrust between the 2 superpowers because by now you've had the trade war that lasted more than 2 years you've heaped over $370000000000.00 in tariffs on chinese products you've whipsaw the entire financial markets and dented global

growth on top of that and now you just add on top coronavirus what china is claiming this is this actually should should be able to rule out phase one because it's unexpected headlines but as that is it is that china and more eyes are so codependent on each other like a bad relationship that no matter what they can decouple so no violence comments are completely unwarranted saying that means one is dead because by then trump immediately retreated that relations were still strong and still going because the u.s. can do without trade with china china has proven that they are the manufacturing hub of the wall global growth does 6 depend on china so as bad as a relationship is and as strange as it is and as much as maybe the u.s. wants to decouple from china and become less reliant on china at this point it's impossible to christie's point is there actually any real possibility of decoupling a de-coupling between the u.s. and china at this point. i think there's a higher probability i think it's more than 5050 that we did cover from china i think that you know we've got too much going on which i think we don't need china

china needs us that let's be very clear we are there are food source and without us they don't make enough food they cannot feed their people we can manufacture here it may be slightly more. spends of but we can do everything here that they do there the only reason we moved was for dollars but again if it comes down to it we are very self-sustaining we've got the best food in the world we've got enough around energy we can have factories we can do can manufacture so i think there's a much higher probability other china knows that which is why there are still negotiations going on because at the end of the day they need our food more than anything else so they can threaten that they're not going to buy they could make they can try to buy from brazil they can drive margins you know but at the end of the day we are the number one source and without us they're going to have a lot of trouble we can survive easily without them you know kristie i want to move kind of back to what we've seen with markets that one of the biggest drivers of the rally today was obviously apple in its annual debbie to be d.c. unveiling now it confirmed that it's moving away from intel processors and using

its own chips now is that an actual realistic move and how long is that translation going to take transitions but it's not it's going to be a very realistic no they actually just announce that they are transitioning to silicon it's going to take about 2 years for apple juice flowing migrate over and over and this is supposed to be a more powerful more energy efficient and have security battery life and the 1st silicon systems are likely to ship out later this year but this is also a likely new deal to intel because apple is said to account tween 2 to 4 percent of intel's and all sales so losing out will necessarily be devastating but it will is definitely hurt especially in this current business environment where you really can't afford to lose anyone. you actually talked about this just a little bit earlier here where you said that apple and amazon they can't keep moving forward so i mean and that this bubble maybe not is going to burst but that the momentum is not going to move forward so what are we going to see in the coming weeks here. i mean this is hard as it is here the coming weeks i mean this is

certainly amazon is gathering great benefit from the current situation there getting more sales right because people are going out there buying on amazon. xoom is still doing very well that's another big stock that's been running like crazy but you're going to start to see some of the money slow down i mean you know people will not have enough now of course as long as the the fed can do just simulate with with that with liquidity and took all the restrictions of a banks you know as a smart people are borrowing money and investing it but i think you'll see the market start to slow and will start to consolidate a little bit and overall other than the nasdaq the dollar the s. and p. and the russell are not anywhere near as strong and in fact you could make a case that they're making a top here and could have lower which by itself help drag the nasdaq lower you cannot have 4 or 5 stocks to drive the entire economy on a regular basis and i think eventually it will and again it could be tomorrow it could be in a couple weeks but surely here we'll see you know very similar hours residue as we

saw in the ninety's and into 2000 you had those great big bloss at the end of that big rally in baba horowitz and go bust co-host christiane thank you so much for that expert analysis. time now for a quick break but i hear because we're. facing turbulence in the midst of bailout talks with the german government we'll bring you the latest from the ground in berlin and as we go to break here are the numbers of the close. to.

the southward to closure. for good. but on the. muscle that this is just. a motion lining to the month do i feel still released. that i was just. that. we think he minds be. soldier she's off the boat she's wearing. so much the look so looks like to move the opposing opinion with. the sure stuff in the summer washington police force.

is you'll be a reflection of reality. in a world transformed. what will make you feel safe from. tyson nation full community. are you going the right way or are you being led. to direct. what is true what is faith. in the world corrupted you need to descend. to join us in the depths. or a made in the shallowness. we

go to work. straight home. welcome back as the travel industry continues to be decimated by the pandemic a bail out for germany's largest airline remains up in the air r.t. correspondent peter oliver is in berlin and filed this report. of tons of bailout saga continues to roll on like 747 passing right over your head no agreement so you fall on the job cut package that is being put on the table for the german flag carrying airline thursday is the crunch date that's when shareholders will be

voting on whether to accept the german state taking a 20 percent share of tons of an exchange for around $9000000000.00 euros to around $10000000000.00 of much needed cash for. talks on redundancy packages were ongoing with the pilots union and the union that represents cabin crew with the airline no agreement has been reached so far we understand those talks will continue right up until the vote takes place on thursday if there's no agreement before then what will happen though is if they agree to the job could package then it could well be a step towards the german state taking a 20 percent share of lufthansa not so fast the other bits of turbulence if you will in this deal reaching its final destine. hind teal one of. major shareholders he owns 15.5 percent of the corp he says he's not entirely

happy about the german state taking 2 seats on last dances supervisory board that's part of the deal that's being put forward by the german government he was locked in talks on monday with the german finance minister and the minister for the economy no solution has been found there what could happen then with regards to tail is that when it comes to the vote on thursday he could well either veto the whole thing which would mean the suspension the deal could be off he could abstain from the vote or he could well pursue legal action after the fact 22000 jobs remember are on the chopping block isn't the only scandal that's facing this deal either if you were cast your minds back earlier on i was talking about the union that represents cabin crew here in germany and their stake in these negotiations they have the u f o they're called well the head of that union sis is reportedly according to media

here asking for 1000000 euros otherwise he's not going to support the bailout deal he says that this 1000000 is for legal costs intangible losses isn't going down well in the public especially with considering how many jobs as i said are at risk ultimately what we're seeing though is the future of one of aviation's most recognizable brands turning into something of a soap opera peter all over for boom bust here in berlin. and a growing list of companies are temporarily boycotting advertising on facebook to combat the company's failure to stop hate speech and this information about list of companies continues to grow at brands like north face patagonia up work in r.e.i. saying they will pause advertising on facebook. an instagram to show support for a movement called hashtags stop hate for profit now the groups say the boycott is

in response to facebook's long history of allowing racist violent and verifiably false content to run rampant on its platform joining us now to discuss his bus co-hosted investigative journalist fence one bet i feel like we put you on the facebook be quite often but you're so darn good at what we do here now this boycott is clearly not being started by advertisers so who is behind it yes it's actually a kind of a coalition of groups we're talking about the end of a c p the anti-defamation league but maybe 2 of the more famous and then you have some smaller groups are not not as well known but this is what they primarily do they focus on trying to drive advertisers away from content that they don't approve of we're talking about groups like sleeping giants color of change free press and common sense these are groups again as i said that really are specifically being created for the purpose of saying how do we get advertisers to stop advertising with content and platforms that we disagree with they've done a lot of work in the past with fox news trying to get shows like sean hannity show

and tucker carlson show off the air so that's where they've kind of been primarily acting in the past they say this that they are asking for facebook advertisers to show they will not support a company that puts profits over safety those are their words and now there's really only a handful of companies that have signed on to this boycott as of now will this actually have any effect. that's a good question i think the effect only comes if there's a snowball effect and a lot of other companies get in on this because right now as you mentioned there's only about 4 or 5 companies that are doing this and these aren't necessarily massive advertisers north face is a big brand but they're not going to make or break facebook by any means we all know that look facebook reported in january of this year that they have over $8000000.00 active advertisers on their platform right now in $21000.00 those $8000000.00 generated almost $70000000000.00 in revenue for the company so facebook

doesn't need 4 or 5 companies again they won't make them or break up the question will be will these companies if they have a sustained effort here and get others involved have enough of an impact actually harm facebook's bottom line i do think it's interesting though brant that all of the companies that have done this have said this is a temporary ban none of them has said that they would walk away from facebook for good they're saying what we'll do until the end of july to try to send a message that that since absolutely no message the reality is that they need facebook a lot more than facebook needs them and these kind of boycotts of worked i mean it really work it's like you see tucker carlson you see laura going to show her they're still so on their way but they have a little bit more impact on something like fox news because you only have an hour you'll have so many ad slots in that time frame but facebook has unlimited slots so somebody's just going to fill that void of patagonia or north face in some capacity unless like you said they they are able to get more support for their cause and now we've seen other tech companies like twitter take more hardline positions on tweets

from the president and some of his speech how does facebook compare actually in that avenue. yes i think that's a lot of what this is about the really comes down to the fact that these organizations don't like the fact that they spoke is not censoring the president or not censoring political ads in particular remember mark zuckerberg has said that he is not going to do any kind of fact check of political as to determine whether they are accurate or not which of course as a journalist is very troubling for me not because i think facebook should be in the business of fact checking political ads it's because facebook is in the business of fact checking journalists in fact checking information all the time they just happen to decide that this is the case where they won't but we have seen this with other tech companies as you said twitter's pull down all political ads pretty much snap chat actually stop moving the president's feed into their advice section so i think you know we'll see what happens with facebook but again this boycotts not going to make a huge difference unless it gets serious momentum. thanks for following the story.

thanks for. finally while facebook may or may not be facing up to evil with advertisers they may be getting a whole host of new viewers on their video game streaming platform microsoft announced monday it would be shutting down its live streaming platform mixer and attempting to move viewers and broadcasters to facebook gaming now microsoft has been struggling to gain market share in the streaming space over the last 3 years but has failed to make inroads against some of the biggest names in the space even after acquiring exclusivity deals with some of the most prolific streamers including ninja and shroud yes those are people's names looking at the numbers amid the height of lockdowns amazon twitch t.v. actually skyrocketed nearly 1500000000 hours streamed on their platform in the month of april while you tube gaming hit more than 450000000 hours stream both nearly doubling their year over year while mixer had a meager 37000000 hours streamed barely growing from the year prior mixer will officially start redirecting viewers to facebook gaming starting on the 22nd of july and according to reports those who have exclusive deals will be able to move

back to the platform of their choice and that's it for this time you get a boom bust on demand on the brand new portable t.v. apple and smartphones your google play and the apple app store by searching portable t.v. get more information at portable t.v. the next time. you become a battleground in the u.s. government people are demanding the shutdown of a local plant. is right now my focus because it's a very dangerous. plan that was attempting to run the reactive beyond its operational limits this just sort of puts a magnifying glass where's the power in this. where's it going is it moving more

towards corporate interests or is it more in the idea of a traditional participatory democracy our lie with the people this case demonstrates that struggle the very real. need to. know when you've been able to see it it. regular morgue your home or your partner are going to be moving through our. water source like you all but us lucifer mr delicious that. is not my achievement mr davies our 5 beautiful lands were conceived. and carried out by the people themselves if how they would produce or even florek it with the idea of

making a film like this probably be branded as crazy. now is the sentiment. that the soviets were brave heroic resisting. that's going to change of course after the war once the cold war begins. little people think that hollywood is a free place but really what is strictly defined by one side of the business and the other side is. how would i define hollywood is they call it the dream manufacturer which i think's true but i think equally it's a problem and the fact. that it's fair to say many of the protesters on the streets of america social justice nominally speaking that's a positive message the problem is that the message is translated into concrete political demands it. if you do the grief for those little if it's.

accurate. and underwhelming campaign rally in tulsa of 15 drum what does this mean for his campaign restart former trump insider anthony scott or will she is on this addition to. what the politicking on larry king a scathing bestseller by a former national security adviser and underwhelming campaign rally in tulsa rattles the president and his feet will will get a shoot from the hip perspective for financiering anthony scaramucci he lasted less than 2 weeks is that from white house communications director and now he's pushing

disaffected republicans to allow.