this is the bus the one business show you can't afford to miss friendship or in washington coming up u.s. president general trying to sign an executive order to crack down on tech stock and 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 tech talk 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 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. 2008 local need to just call it enjoys abundant support until she finds a little support to put its own enters the market for both international rules and

willful conduct manipulation and your detriment of. american users and companies who only lead to more old. tarnish. international trust that it and i 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 so let's get some expert analysis 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 actually has a stake in 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 trade between the u.s. and china is breaking down even further so it would be naive to think that this would only affect 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 was one thing but now messing with you could say that is the backbone of social media in china to say that it's just another smaller 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 $1200000000.00 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 and evade of the world the u.s. has led tech innovation for. last couple of decades but recently ever since the rise of the rise of 5 g. that threaten the us 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 that there in the us is dominance 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 tons and but apple will be the most affected because if we is removed from the apple app store no chinese citizen will be buy another apple i phone because it is integral to

everyday lifestyle of virtually everybody in china and ironically as apple's sales decline the biggest winner and biggest benefactor would actually be while a. hillary i know you've been critical of the threats posed by a chinese director bodies including huawei do you agree with these moves from the u.s. government to essentially a directive li band to talk to and we 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 fair let's be fair 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 but banned in china the new york times is banned in china in china you cannot use what any personal communications and you can't use skype you

can't use google search so the chinese saying they want to be fair if so goody goody let's be fair they can open up their markets. to c.n.n. b.b.c. washington post new york times was 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 open up ours i think is 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 companies we've seen the u.k. kind of follow the lead of the united states who are critical of china. move when it came to while we kind of consider them the 51st us to have we 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 to 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 more 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 in every single war in 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 and duncan smith who's a former conservative leader he's leading sort of the charge to precious precious 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 he would christie on this issue but there's one more aspect that i have to ask you about if you tell us what this means for the children ministration is also recommended new rules for chinese companies which 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 yeah 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 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 well 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 didn't come domestically and that's why even though china will hurt us investors will not get any opportunities for their to invest in china in their future growth as some. 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 which 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 a 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 still 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 fifty's topped gainers asian paints. 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. had apps which will happen in the future will get this 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 that 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 of the seas 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 1.8. 1000000 there will finish things up in toronto the t.s.a. 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 job 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 coronavirus 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 covert 19 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 take it to a new level and as we go to break here are the numbers of the close.

how can you explain love i've been to 82 countries i've given 12 but i came here and on those 3 days i just filled with hope. and he kept pretty isn't it sick show. i made my decision to come here because i felt and you i could build a new life you see it at the. companies and. i was a free man but i think god decided that this man is no good to be free. my one dream is that all my children find the same kind of happiness i do. i love my home i love cold weather i like the culture i like the history i like everything about it. i know that. i am a russian fama.

join me every thursday on the alex salmond show and i'll be speaking to guest of the world of politics sport business i'm show business i'll see you then. welcome back as we track the spread of covert military experts are seeing a correlation between testing and newly reported cases so it's going to take a look at those trends with our key correspondent side tabular so let's start with where we are rather 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 is 19400000 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 cauldron 1000 data this week now for the 1st time since early march the number of people actually tested 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 without a the u.s. is really in the dark now since testing went down now new cases of cold in $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 drop to now let's take a look at a current job in 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 that 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 7591 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 probably $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 the rachel jack and ashley 2 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 and that episode the real life celebrity

became too difficult to manage and then the manager is 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 they 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 get to explored the fashion industry the fashion industry is deafening 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 tech 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 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 will 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 for i'm 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 no better one of the most popular virtual influencers is limited coro who is has almost 15000 followers on instagram not that 1.6 you know 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 the live in the condo 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 ad the targets essentially use 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 seeing what the product really does boom bust co-hosts and the boom bust influencers ben swan and christiane thank you both for your time. they for the benefit for this time you can catch us on portable dot t.v. we'll see you next time.

a short term ago an american air of. hiroshima. standing up. for the. chin it's. like most americans growing up after the war the bombs were a great thing they ended the war they say hundreds of thousands of lives on both sides and that's what my grandfather always said mrs reason for the decision. truman was hoping for a dual strategy one was to drop the bombs and hope to pay and would surrender to number 2 the americans were trying to send

a message to the soviet union there was an america where plenty you know could work 45 had chosen 20 targets and russia. 54 jets and more than 1300 military personnel are headed to you'll certain air force base in alaska where is that to say come on i'll show you what's the reason for any type of enhanced u.s. military presence in this area russia. what is it suddenly about the south china sea that makes it so that it 11000000000 barrels of oil. take a look at this map who really owns what kind of says no it belongs to us india says

no we claim that that belongs to us both of these countries have nuclear weapons capabilities there is reason for concern so that's why we're going to drill down on the story for you today right here on the news with rick sanchez where you know as we always like to say we do believe by golly it's time to do news again. as the u.s. economy was booming numbers of people when they do. you can work 40 hours 'd in a week and still not have enough to get housing everybody believes america still is the lead up to the reality of it is that we're not financially quantity in the neck and the flow to the mounting living wage many people naturally. that's been a problem with the cd you know those turn limits on police they way i know you'll miss. this it's worth it if it is the it's because you know it's that requires

resources. riband into the streets to become the invisible cliques. hello everybody let's take a look at today's menu to see what we're serving up on the press new documents recently released in the epstein scandal and the media seems to concentrate on one name alan dershowitz while ignoring other high profile figures dershowitz meanwhile vehemently maintains his innocence and he will be here to talk about it all as c.n.n. turned loose their daytime news anchors encouraging opinions i mean the president gets an and sometimes rude treatment of guests who happen to be trouble supporters can take this battle guided where and maybe get your working had a real lead to watch several examples you're just saying

a bunch of crap and you can decide for.