this is boom bust the one business show you can't afford to miss boring washington coming up u.s. president general trying to sign an executive order to crack down on other chinese apps marking a new turn of the tech war between the u.s. and china straight ahead we take a deep dive into the move and what it means for geo political relations plus as so much of our lives have moved online because of the copen 1000 pandemic could we see the term internet celebrity taken to a new level well we'll find out we have a packed show today so let's dive right in and we lead the program with the latest

on the back and forth between the u.s. government and chinese social media apps u.s. president donald trump signed a pair of executive orders thursday that would impose new limits on tick tock and we checked the orders will ban people in the u.s. or subject to the laws of the united states from transacting with the china based owners of these apps taking effect $45.00 days from the signing now the order involving tech talk makes official the president's calls for a u.s. tech company to buy the social media app or it will be banned from operating in the us take tax parent company by day it's said the action was done without due process process adding that legal action would be taken if the company did not get fair treatment from u.s. officials the chinese ministry of foreign affairs also weighed in on the situation friday morning. just call it enjoys abundant support until she can find little support to put its own. market for international rules

and willful conduct of a comin to pilates and if you press your temperament and if you know american users and companies who only lead to moral decline tarnishing international trust that it you know will eventually face the consequences which is so there which at aspect is a new bring coal to the ongoing tensions between the u.s. and china now the messaging app is owned by one of china's largest tech companies 10 cent and boasts 1200000000 users mostly in china now that is however widely used for professional and personal communication between those in china and elsewhere now there's a lot to go over here so let's get some expert analysis from blue bus co-host christine hilary ford which board member of the british american business association thank you both for joining us today now kristie i want to start with you i know we've talked about the tick tock angle of this great length but what do you make of adding to the tech war between the u.s.

and china and what impact will this have on some of the american companies there which as owner tencent actually has a stake in it i think it was actually only a matter of time before we even ali baba was targeted tax because the cold war is really escalating in the sea as a relationship and train between the u.s. and china it's breaking down even further so it would be naive to think that this would only affect following last year so as part of this new clean network order it's prohibiting the u.s. president from doing business with tech talk and we meaning that they will not be available to download off of the apple app store or the google play store so banning tech talk was one thing but now messing with you could say that we is the backbone of social media in china to say that it's just another small for media messaging app is really underselling it because it's a messaging app it's a marketing tool it's a pain and savings app it's a news portal it's an online sales hub and much much more with a user base as you mentioned over one point to build. so this band is coming from

the same place as the band on the hallway it's a place of fear that the u.s. is no longer the global dominant tech innovate of the world the us has led tech innovation for the last couple of decades but recently ever since the rise of the rise of 5 g. that threaten the u.s. its dominance on communications with the rise of tik tok that there in the us is dominance and social media and eroded on its influence and finally we chat and the us is dominant in the area of digital payments and then tech so everybody knows that the future is tech and whoever dominates tech will be the next superpower so yes the u.s. is targeting these particular companies because it feels threatened and finds itself in a very unfamiliar 2nd place and by banning we you know that will have major competent consequences for companies u.s. companies especially apple even though apple is not owned by ten's and but apple will be the most affected because if we is removed from the apple app store no chinese citizen will be by another apple i phone because it is integral to everyday

life style of virtually everybody in china and ironically as apple's sales decline the biggest winner and biggest benefactor would actually be. hillary i know you've been critical of the threats posed by the chinese that somebody is including huawei do you agree with these moves from the u.s. government to. actively banter and. well it's not a question so much the brand about being critical as a question of do we want to have come do business with companies who actually directly report to the chinese government and i actually will go back rather than my opinion let's just go back to what that chinese minister said when he said about he used the word fair and if you want to talk about if they'd like to talk about that speech well c.n.n. is banned in china the b.b.c. is banned in china the wall street journal is banned in china the new the washington post is banned in china the new york times is banned in china and china you cannot use what any person. communications and you can't use skype you can't

use google search so the chinese say they want to be fair if so goody goody let's be fair they can open up their market to c.n.n. b.b.c. washington post new york times wall street journal and i could go on they're not they don't allow us to use skype and they don't allow google search so let's go back and say you want to be fair this is how we can be fair and christy made a very good point about the fact that the irony of it is actually while weigh them will become stronger in china but the thing is it's the chinese also that are scared the chinese are so scared that's why they ban even facebook on top of all the things i mentioned so what's important here so look at fairness the chinese have never been fair that's not my personal opinion that's just the simple fact they can open up their markets and we open up ours i think john was one of the 1st presidents to actually say wait a 2nd we're not going to do this here if we can't do that there that's what he's been saying whether it's the e.u. or whether it's china let's be fair open up china and that's a different discussion but they're not going to do that now hillary you know when

we're talking about these chinese tech companies we've seen the u.k. kind of follow the lead of the united states some who are critical of china. move when it came to while we kind of consider them the 51st us 3 and we've seen any move from the u.k. when it comes to talking which are what i think is not i'm just going to answer that a moment but i think when you mention about the u.k. really it's the u.k. shares with the u.s. actually also in canada and australia and new zealand we share in the 5 eyes program in terms of intelligence and that's what the concern was with regard to while away now your question i think it's not so much being a 51st state it's that for example this coming monday liz trust the international trade secretary she's going to be over here talking about u.k. u.s. trade deal u.k. has proven to solve over obviously a great many years 2nd or worth war 1st world war to be a tremendous ally of the u.s. the u.s. has been able to count on the u.k. in. every single instance and every single war and every single conflict so i think

that the u.s. and the u.k. still enjoy somewhat of a special relationship now exactly to get to your question i think that the u.k. has great concerns about this in duncan smith who is a former conservative leader he's leading sort of the charge to precious pressure boris johnson to say let's do the same thing we did with war way and eventually ban it and as you know it was really off to the whole virus then this is when they started to clamp down on so i think you're going to see probably the u.k. yes leaning the same way as the u.s. now i know there could be a lot of back and forth here between you would christy on this issue but there's one more aspect that i have to ask you about to tell us what this means for the children ministration is also recommended new rules for chinese companies with shares traded on u.s. stock exchanges no no actually very little but essentially forcing them to give up their listings and find a new exchange if they don't submit to u.s. auto requirements tell us what's going on there now so this has been in the works

for some time now under this plan chinese auditors would have to share their work papers with the u.s. audit regulators and this mood comes amid the rising tensions between washington and beijing over the growing resentment the administration feels about chinese companies growing and profiting off of u.s. capital markets and if you recall this threat was made last year during the height of the trade war when president from threatened to delist chinese companies well that spooked the markets most to analyze realize that that was a bluff there's no way that there's no reasonable way to actually go about it however with this new ruling there is now a blueprint a guideline a legitimate guideline for the process of the listing chinese companies and so this is a move that threatens to cut off chinese companies from the u.s. capital markets and basically choke off their access to liquid so while yes this does hurt chinese companies it also hurts u.s. investors too because who was responsible for growth the last decade where were they all the investments flowing to and where did all these massive portfolio returns come from all of the turn basically came from. growth in china over the

last decade so certainly. that is why even though china will hurt us investors will not get any opportunities for their to invest in china and their future growth so it's a lose lose situation for both what we're going to continue this broad conversation but alas we are out of time hilary ford with board member of the british american business association thank you for joining us of course the idea there because we have more for you later in the program. markets are mostly up for the week despite increased tensions between the united states and china so let's see how things ended up with star in russia where the mo x. is in the green for the week as 1800000 retail investors open brokers should counts now this is very interesting with the index in the 1st 7 months of the year investors pushed to protect their portfolios as a record 821000 retail investors executed at least one trade in july alone let's

move over to asian markets now investors are waiting on the u.s. to reach an agreement on that new coronavirus relief bill but unfortunately friday afternoon it seems that talks are stalled the shanghai composite finished up after a volatile week now according to the private survey in july china's services sector showed slower growth compared to the previous month now the index was down 2.96 percent on friday alone due to increased tensions between the u.s. and china we'll see how that latest spat over tic-tac and we chat affects markets moving forward over in hong kong the hang seng it finished just barely in the red for the week now the index took a major hit on friday and lost more than 1.7 percent on the day due to that u.s. ban semiconductor manufacturing international corporation stock took the biggest dip dropping 8.7 percent in japan the nikkei was up for the week it started with 2 solid days of gains earlier in the week and then slipped only about point 39 percent on friday stay. well enough to end the week in the green let's move to

india where the sensex it is up for the week as well after that pretty flat friday the nifty 50 s top gainers asian paints and finance surged nearly 5 percent still india has a long road to recovery as the country has recorded more than 2000000 coronavirus cases and more than 41000 deaths in australia the a.s.x. it's up for the week as well despite 8.62 percent decline on friday when the reserve bank of australia issued a bleak economic outlook still mining continues to push the index up and moving to south africa the all share is in the green after for sure 8 days of gains the country's stock plunged again on that u.s. ban on chinese owned tick tock and we. chat apps which will happen in the future we're going to is going to move over to europe and the americas and see how western markets ended the week in london the footsie it's up for the week after a surge earlier this week investors kept their eyes on better than expected

unemployment numbers out of the u.s. on friday they're also looking at those u.s. china tensions on that tech band now the french cac in the german dax there also in the green following similar trends in june german industrial output surged 8.9 percent forcing a 14.9 percent increase in exports fueled mostly by china let's go across the atlantic we're going to go to brazil where the it's pretty much flat for the week leading just positive as emergency payments to millions are set to expire this comes despite economists trimming the country's 2020 g.d.p. forecast a 5.7 percent model milder than the expected 6.5 percent in mexico the b.m.v. well that's up for the week as data showed nearly 5000000 people return to work even though informal unemployment numbers are low now the peso also rose this week for the 1st time in 7 sessions and here in the u.s. all indices are up the dow the nasdaq and the s. and p. are in the green for the week despite some losses on thursday. again that's all due

to that impending u.s. ban on chinese social media apps some of those losses were cut by the better than expected july payroll numbers that increased by nearly 1800000 then will finish things up in toronto the ts x. is also in the green for the week as energy stocks really added to those gains despite some losses on friday or a week and on concerns of a slowdown in demand recovery on the resurgence of coronavirus cases canada also reported some positive jobs numbers on friday adding 419000 jobs in july it's going to be interesting to see what the latest escalations in those tensions between the u.s. and china will do to markets moving forward as well as the world trying to get a handle on the credit virus pandemic and of course as we mentioned what will happen with the stimulus package here in the u.s. and that is your global market walk. in time now for a quick break but hang here because when we return we'll take a look at the spread of the cope with pandemic around the world plus as so much of

our lives have moved online because of the pandemic could we see the term internet celebrity taken to a new level and as we go to break here the numbers of the clothes. we go to work. straight home.

listen stumbling online algorithms dictate what you get to want to go to portable dot tv slash download to get killer television it's completely free i'm talking award winning comedy awesome sports coverage inside so fresh still tastes like raspberries on a spring day take so hot they'll burn your face off thousands of videos more added by the hour 3 it's a yes 3 go go get it portable t.v. . i'm holland cook i invite you to climb with me above the mainstream media empire and from that higher fan to each to glimpse the big picture question more. i like it when the hosts ask a question for the guests and then actually listens to the guests answer and moan and react to that answer a folks dennis miller here i've got

a new show. of my pap and tony a host of america's lawyer with white collar criminals policy guy high profits and sneer at the pain of those they ripped off and ruined so that's where i come in questioning for. welcome back as we track the spread of covert military experts are seeing a correlation between testing and newly reported cases so it's go ahead take a look at those trends with r.t. correspondent side to editor so let's start with where we are right or you know brant i wish i had better news but we're just not there yet because we've just had

a 19400000 milestone mark and it appears between each time between we reach 1000000 now it's just 4 days now from this 1000400000 cases more than 2012 point 5000000 have recovered meanwhile the global death toll has surpassed 728000 now in the u.s. more than 5000000 have been diagnosed so far while more than 53 percent have recovered while over 163000 have died and health experts in the us are now forecasting that nearly 300000 americans could die from cove at 19 but by december but brand something new as happened in colvin 1000 data this week now for the 1st time since early march the number of people actually test that in the u.s. actually went down and this week's tests were down 9 point one percent or about half a 1000000. over last week's all time high of $5700000.00 tests now

that drop is likely due to multiple factors including the recent hurricane which prompted testing sites in florida close then there were reporting issues in california and also testing discrepancies in texas and don't forget just a few weeks ago quest diagnostics which is one of the country's largest medical testing companies began warning that the u.s. testing system was becoming overwhelmed. so this week testing seems to have hit that wall but a without of the us is really in the dark now since testing went down now new cases of covert $1000.00 of course are also down this week by 10.4 percent right here so obviously there's a correlation between the 2 because when you do less testing of course the number of new cases dropped to a now let's take a look at current kovan 1000 hospitalizations since march 12 which have dropped

7.5 percent from last week's all time high of nearly 59000 people being hospitalized but here's the thing the hospitalization numbers have also been incomplete in recent weeks as hospitals are really struggling under the new federal reporting requirements so it may be that many hospitals across the country are still reporting incomplete data in their states or just not reporting at all now meanwhile and deaths rose for the 5th straight week right here there are 11.5 percent from the week before and this week in the u.s. a 7590 people died of cold it 19 now let's take a look at the numbers globally so here are the top 5 countries and within that have the most deaths just within the last 24 hours india is leading this and

iran doesn't see about 330 that high but there are $174.00 so their deaths rate it seems it's doubling and the u.s. is going around the same average of $1300.00 deaths per day so this is the top 5 countries most that so given all the news about the pandemic as we just went over were definitely not getting back to any kind of normal any time soon. thanks for keeping us up to date. and in a world of social media we have all become accustomed to influencers who work on behalf of brands whether it's traveling around the world or promoting events brand influencers have been slowed by the coronavirus pandemic which is halted travel now increasingly brands are turning away from human influencers and moving instead to virtual influencers who have no restrictions on where they can go and who they can be around because well they're just not real let's break that down new trend with

boom bust co-host ben swan and christy i thank you both for joining us and chrissy again for that matter today now kristie we've seen creations like 19 year old little mckayla released music while going through a carefully scripted drama that kept her 1600000 followers riveted what do you make of this trend. well i think this is such an interesting trend right now and then mchale was an experiment that proved that you can really blur the lines between what is real and what isn't and that's really just the beginning because one potential extension to little mckayla would be to move it to social networks where then anyone with an i phone can create dress and promote their own personal avatar kind of like a big moji type of thing and this is has tremendous value for brands as the distribution of these in florence or they would have they would not have the same costs and be substantially cheaper than the real life celebrity and this kind of reminds me of that black mirror is episode with with miley cyrus and rachel jack

and ashley's too because i think black mirror always chooses to portray controversial current issues and explore the possibility of it taking a really dark turn so if you remember in that episode the realized alegria became too difficult to manage and then the manager at the record labels they chose to create a hologram out of miley cyrus using her voice and her likeness in order so to tour the world and keep her positive influence on everybody one in reality she was this dark grungy teenager so this technology is very similar to that and it has proven now that it can win the hearts and minds and adoration of fans worldwide despite the fact that it really is a real so from an industry perspective it has huge potential that you no longer have to deal with the dark side of fame all the scandals that come along with it all the lawsuits that come with the big egos the falling out and the entanglements and tick tocks high pals so while this new category gets explored the fashion industry the fashion industry it doesn't going to be the leading this entire trend as this is about the perfect mechanism and the perfect leg up for the fashion industry that's all about perfection the perfect image and everlasting use and it's

interesting that you mention the black mirror aspect because as a team when we were all in one place talking about the show and we would come up with new tax stories that we wanted to do we would always make that point was there a black mayor episode like that that's exactly what's happening right now but what do you make of this new trend is it covert centric or will this last beyond the pandemic. so i think the advertisers hope it'll last beyond the coded pandemic but i think i'm going to take the alternate point to what christie saying which is that there is a reason that influencers are influencers and the reason for that is because people look at these real life you with beans and they say these are people who actually use products and actually even though they don't write they actually use products and they actually are involved in these things and so they're telling you how real life situations adapt to these real products the problem is with these avatar sensually that's what they are these fake human beings these virtual human beings

they're not real these are not real people using this so we're essentially it is is it's an ad firm telling you to believe this fake human being when they say this is the way to travel this is the way to live when you're traveling and instead people want to be able to rely on an actual human being who says trust this particular product or trust this particular method and i think that's what's missing here is the human connection that says there is value in this person now a better one of the most popular virtual influencers is limited coro who is has almost 15000 followers on instagram not that 1600000 that we talked about earlier he is the virtual guest of the washington wizards in the n.b.a. bubble in orlando is this in this case isn't it kind of fun to have a person who can appear in spots where many fans can't be there's photos going around of him on the court basically during a game i mean what do we see there yes so it's really interesting because that live in the condo 'd as you said essentially appears on the court while young as. is

essentially dunking right he's dunking the basketball and you look in the background and liam is standing there with his hands in his pockets watching this happen but that's not real right and viewers know that's not real he's about 15000 followers but i think again the real aspect of this is for those kinds of things. or for the avatar that's essentially used as colonel sanders going around the world is almost a parody right now of what it looks like to be an instagram influencer those are very interesting they're funny people laugh at them but there isn't a reality issue here and when people buy products they want to believe that other human beings are telling them this thing is valuable and and works and otherwise even though it's fun right now i think people will look at it and say in the long run this is ultimately just propaganda we're not actually seen what the product really does boom bust co-hosts and the boom bust influencers ben swan and christiane thank you both for your time. and best fit for this time you can catch

us on portable dot t.v. we'll see you next time. join me every thursday on the alex salmond show and i'll be speaking to guest of the world of politics sports business i'm showbusiness i'll see you then. thinking of getting a new puppy once we got. my signal and they're tracking this you know why are people who need a crate with him he will just start freaking out when it's pretty much anywhere near thousands of breeding dogs a caged in the interview lane conditions on puppy for i mean 67 years you know

they've been locked up in a cage outside you see no protection from the weather the heat you know the courtier the rain the snow the thunder nothing they have no protection. because you . know it's a kid. across the u.s. crude puppy mills are supported by dog shows and still most of the. they're coming from these large scale factory farming kind of operations are being sold in stores even joined a good businesses are involved like cargill among santa there's been a shocking amount of organized opposition to adverts to increase the standards of care for dogs bred in commercial rating for so many most of that opposition is coming from huge agricultural groups and industries that have nothing to do with jobs don't buy a dog on a. farm

just to turn. to what. i would call. the world according to shush ish. today we discuss the era of nuclear arms control as we know it. and plans to steal syria's oriel sit tight the show starts now. the war. i am privy to santos for our top story today the u.s. military newspaper stars and stripes reports that the army national guard is moving its brigades and reorganizing its fighting from asians to prepare for possible fights with russia and china the army will now be able to deploy 18 fully manned divisions instead of 10 the realignment is based on the national defense strategy

crafted by former defense secretary jim mattis which places new conflicts with china and russia as america's top national security threat jesse this comes as the state department negotiates with the taliban to end the war in afghanistan now it seems like when one war ends another probably isn't far behind but it was between these countries would be catastrophic for the world absolutely they would be bruges but you know world war culture here in america a great deal of our economy relies on the war machine and producing it and continuing to produce it i realize i've said this many times but you can't say it too much to get it into people stick their heads they've got their stand we have to be a perennial war now it's a war culture. you know we're already at war in places where we don't even know and i'd like to know all these elected officials that we have from the.