the capitalism exploited and destroyed for profit and left behind misery poverty environmental devastation and so you see things like voter suppression building more prisons you seem gerrymandering all sorts of undemocratic practices are well used to that world are well into this world and there's no question that. this is true but the one business show you can't afford to miss i'm going to washington coming up by the donald trump signed an executive order on a run of irish relief at top dollar on capitol hill still millions are expected to

make that my friend and even if minimum credit card payment. government step down after last week's deadly explosion in beirut for now the fitting that we build them and protests in certain places we have a lot to get through so let's get. a new number of coronavirus cases continues to grow as new infections are spiking worldwide will head of the world health organization argues it's never too late to control the outbreak this week we would reach 20000000 but just cases of corby of 975-0000 is green shoots of hope and no matter when a country i do region a city or a news it's never too late to the outbreak. the agency's

executive director of emergencies program said that unlike the seasonal flu coppa 19 is not showing the same seasonal patterns this virus has demonstrated no seasonal pattern as such so for what it is clearly demonstrated these you take the pressure off the virus to buy responses back that's the reality that's the fact. meanwhile new zealand marked 100 days without community transmission but prime minister just send up ardern a caution that the country must remain vigilant. significant hearing of. any of the really. long as we have. you know we're only going to grow you know. what it is i'm all. this comes as europe once the epicenter of the pandemic is seeing spikes in ireland france and even italy where european countries they took extreme measures by issuing strict lock downs in the early spring but they're worried about

a possible 2nd wave well according to i f o german companies expect these restrictions to last another 8 in the half months this would be through april of next year meanwhile the u.s. now makes up more than one 4th of global cases the country surpassed $5000000.00 infections on sunday now the amount has doubled since the end of june and comes only 17 days after exceeding $4000000.00 cases according to a new report by the american academy of pediatrics and the children's hospital association more than 97000 children tested positive for cocaine 19 over the last 2 weeks now that's a 40 percent increase we're seeing in child cases the result states are still under pressure to open schools by this fall. over the weekend president trump signed an executive order for a crown of our stimulus this comes after failed negotiations with congress but trump said the executive order gives republicans much of what they wanted. me to

believe. what. they. want my book. for more on the relief deal and how markets are doing we are joined by co-host chrystia and c.e.o. and chief strategist for quo intelligence and former federal reserve insider danielle de martino booth danielle let's start with you president trump on saturday he signed this a series of these executive orders to expand this relief bill to americans but these new orders they're probably going to face a legal challenge is continuing the programs would require federal funding which obviously congress controls what's going to happen now and will democrats challenge this. well i do think that democrats are going to say that they're going to

challenge it and i do think that there will be a challenge to this but i think the sticking point is there's probably not a democrat or republican or a politician in the country who would actually try and stop this money from going out directly to to people in need of it people who are still unemployed there are people in the bases of both the rip current republican and the democratic party so again i think that there will indeed be legal challenges it is only under under congress's authority. to allow you to legislate spending we've never seen fema funds used for an emergency of a pandemic so obviously all kinds of legal rules are being reviewed written but i don't think that the democrats will go so far with what we have now 12 weeks left until the election with this little time left between now and the election i just can't see them stopping the money from going out the door well it's interesting because people are in dire need of this money and that's been

a big issue where republicans have said we will meet you halfway will negotiate or at least do a temporary deal democrats seem to be wanting it all or nothing at all christi what's your take pelosi told fox news on sunday that they will probably have possibly go to court with this. absolutely. i think danielle is right i think the democrats will want to challenge us but at the same time it doesn't look good for them if the entire population suffers i'm not getting the funds that are so direly needed right now well kristie let me change gears here a little bit and turn to u.s. china tension and relations that are waiting obviously all eyes happen to be on tick tock and what's going to happen in the future in the next 15 or a couple days it seems that beijing has just sent its clearest signal that it will oppose the sale to talk to microsoft and that likely to any other u.s. buyer what's the latest here why i don't think that should come as any surprise to anyone because it's plainly optimistic to think that beijing would relinquish the

most valuable tech company right now to so easily to the u.s. without any sort of fight at all so last week there were talks and elaborations on the table and by dance now plans to sue the trump and ministration and fight for the right to continue operation so right now this lawsuit alleges that the trump administration's executive order is unconstitutional because it did not allow to talk enough time to respond and that the claims that tick tocks being a national security threat is completely baseless and unsupported so take talk c.e.o. said that giving away his golden goose so soon would cripple the company's ability to grow into a global tech conglomerate so when initial reports about a sale to microsoft 1st surfaced chinese users were furious calling this deal a robbery of chinese technology and that the c.e.o. is a sellout and a traitor so if faced a lot of pressure on backlash to fight back and so now it's looking like the company is doing exactly that now so the lawsuit will be filed in california and this is definitely looking like another hallway to point of battle we knew it was

going to go without a fight per usual but then allan let's move over to to lebanon here tuesday's blast it damage huge parts of its commercial main trading pour in there in beirut what effect will this have on the economy i mean it's already been struggling and in financial. crisis even before the blast. you know i think the world misunderstands the depth of the situation in lebanon and i've studied it very closely that the corruptions been going on for a generation now the accident was literally waiting to happen but the fact is right now the it's not the right time for world authorities for the i.m.f. to be playing hardball i understand that reform measures must be taken it seems as if the government is about to collapse that might not necessarily be a bad thing but what we need to appreciate about lebanon 1st and foremost is that they're on the they're on the verge of having a famine they're on the verge of having a humanitarian crisis the likes of which we cannot comprehend the likes of which

they have not seen since since the world war 2 era when there when food was completely cut off from the area so it's the depth of the economic crisis and cannot be overstated in any possible way shape or form and it is up to the world right now to stand up immediately and make sure that that help and humanitarian aid is sent to lebanon as soon as possible well done how is this going to further affect the middle east markets. well yes so obviously there will be ripple effects for other middle middle east markets but i think i think the point that i'm trying to make right now is that sometimes there are bigger matters than matters of economics and this is one of those times in the midst of this covert crisis because every outlet of economic growth including travel and tourism believe or not to have been on all of it's been cut off with this latest a massive emergency hitting the country i think that the onus is upon world leaders right now to step in and. and come together on behalf of the people of that country

absolutely kristie this fight this global turmoil u.s. equities they continue to make new highs even ted a what supporting this and are we going to see it continue i think we all know that this is supported by the trillions of dollars as being called. pumped into the system and added so we've been saying this all along in the minute that the central banks takes its foot off the gas pedal the entire thing will crumble because it's not supported by fundamentals at all everyone is trying to equities simply because that's the only place with any sort of yield right now and it becomes a self-fulfilling cycle as the old saying goes don't fight the fed and as long as the fed keeps on printing it keeps on going up but the problem is that one day the fed will stop printing and all of this temporary stopgap measures that will have to stop so then what will happen. plainly will see probably a huge wave of corporate bankruptcy and because all of businesses right now are hurting without any sort of stimulus right now facing short term liquidity problems and once that set in and employment problems they will continue to exacerbate and

get even worse so the entire recovery that we were all praying for this v. shaped bounce that never really materialized i know people stuck still keep on wishfully talking about it but the truth is that we have plateaued and so we need growth to pick up again and that requires a tremendous boost and a tremendous catalyst the last time we were in this situation china was the growth engine that kicked off growth again for the entire world and drove growth for the last decade but this time we don't have that catalyst so everybody in the world is just waiting out slowly and i looks like everybody in the world is waiting out to leave for that vaccine and it won't be until then where we can possibly eat and who knows because they're even saying that a vaccine may not necessarily guarantee immunity you'll have to get boosters there's a lot to be learned from from the virus and whether or not we're going to get the vaccine or not do any of the merging of those and christiane thank you both so much for your time today thank you thank you. yan a c.p. and the u.s.

government are among those seeking billions in claims against produce pharma over its role in the nation's opiate crisis will produce filed for bankruptcy last year to resolve litigation the company face for widespread addiction to its painkillers well much like other creditors u.s. prosecutors and the and ugly c.p. had to file their financial claims against produce forma by the end. of july legal analyst carol's contributor with america's lawyer has more on those claims molly thank you for being with us today good to see you why is the it's and ability c.p. arguing that it should receive now part of this bankruptcy settlement. i think at this point because the deadline was creeping up and they feel like they've basically been left out of the conversation so they want to come to the table and say hey you've got all these creditors including the u.s. federal government the saying we want x. amount of dollars in order to address the crisis in our particular communities because there are what some 2000 lawsuits that perdue and other manufacturers are facing throughout the country for their role in perpetrating this highly addictive

pain killer to the average person and of lacey piece says you know we feel like the media as well is just legal enforcement attention has been paid more to white communities than it has to communities of color who have also been impacted in devastated by this drug abuse and they feel like if they're not at the table participating making claims putting in their requests which is up to 10 $1000000000.00 they're going to get left out of the conversation and a lot of those resources that they need to address those same issues that are affecting white communities whether it's treatment for addiction or just finding the resources to help people overcome overdoses those need to go to communities of color as well and if they don't put their name in the hat right now they're going to get left out of that well and they have in the past and now they're saying that they haven't necessarily gotten the same resources as the white community has which is why there are forward but how hard has the minority community now been hit by this opiate addiction. well it's interesting i read a couple of different studies that said initially early on back in the ninety's and

early 2000 you saw more white communities that being prescribed to them it was just the nature of access to health care as well but as you got into heroin addiction in moved on to other access to different sorts of pills that it did start to hit communities of color as well including black communities as well sustained communities and in fact in. and 172-018-2001 extension 000 you started to see a lot higher rates of deaths mortality according to addiction within the black community so it has steadily been an issue maybe not initially hit as hard according to one study as maybe the white community simply because they weren't being prescribed them as much they didn't have the access to health care and it goes to the bigger role of actually why the federal prosecutors were investigating the way produce pharma and others encouraged doctors to prescribe the it was you know people who are dealing with pain it affects people in all communities of color whether it's white lack or otherwise but it was just how did their insurance how was you know how did they respond to pain problems and it did trickle down to the

black community who is certainly feeling the effects of this addiction just like any other neighborhood and community in this country absolutely we know it's a huge problem here in the country mali how much are federal prosecutors asking from the settlement and why. anywhere between 13 and 18000000000 that's the upper end of what they can ask essentially and they're really trying to settle twofold they're trying to settle the civil litigation as well as any criminal complaints and that all goes to you know what did you know when did they know it where they illegally marketing this drug saying it was safe to prescribe when it wasn't where they giving kickbacks to pharmacies doctors the like to say hey go ahead and prescribe this at 90 pills for 30 days and let's see what happens it's not addictive so they're really trying to cover a lot of bases to get as much as they can just like a lot of creditors and you even have some pharmacies that are also you know hit and hit for that last deadline to at the end of july to get their name in the hat to recoup some expenses in this bankruptcy settlement if you will even though they're

being sued too as being part of the problem and not doing enough to stop the flow of drugs that were going to people so they're being sued as part of the problem but they're also now asking for us that all that money out of this is yes it's pretty crazy like c.v.s. it is it is everybody has their hand out everybody say and not my fault so i don't know. how you decide who's who but i think that's part of what they're trying to get to the bottom of yeah and i will definitely follow along to see how this all plays out contributor with america's a lawyer thank you for joining us today. thank you. time now for a quick break but stay here because when we return kodak's wild spike may be coming to an end we're going to break down the investigation into the company's stock and how it's putting a quarter 1000000000 dollar deal with the u.s. government on hold as you go to break here's a number thought the club. you

know look forward to talking to you all that technology should work for people. must obey the orders given by human beings except where such orders would conflict with the 1st law should your identification we should be very careful about artificial intelligence and the point of obesity is to trust our government shia. areas johnson with artificial intelligence will summon the demon. the robot must protect its own existence with the excuse that.

the world is driven by a dreamer shaped by one person or those. thinks . we dare to ask. for spring garments this. fall. in the early nineties seventies a psychologist pixel will just proposed to the west berlin senate a social experiment he wanted to let paedophiles of neglected boys experiment was

a. good model. on the one to. jump to believe that sex with older men would help with the boys' socialization over 30 years many children were paedophiles to raise. the logs in. what rooms or should the list for berbers someone to go for. canada has been stuck in the middle of the us china trade dispute wealth of about country arrest of a chinese executive back in 2018 at america's request although china has tried to punish canada through various means including blocking goods it seems the asian

super powers hunger for the canadian modesty is too strong to slow the full well arty's alex mahela the story. just a few years ago it seemed like canada and china's relationship was on the right track renewing our relationship with china is extremely important for canada. until now. the canada china relationship has somewhat lacked in stability and regularity. and we know that china will play a central role in shaping the global landscape in the years to come while canada was happily buying made in china goods china was purchasing billions in canadian products like meat soil and plenty of canola which is mostly made into cooking oil however things went south when canada arrested many one joel the c.f.o. of china's tech giant wall way man was detained by canadian officials and being

coover on december the 1st 2018 at the request of the us government has been held under the suspicion of fraud related to allegations that she violated u.s. sanctions against iran and is waiting possible extradition to the states with the arrest canada put itself in the middle of a trade war between china and the u.s. since then canada has been punished by china through trade restrictions and allegedly to the arrest of 2 canadians instead of trying to ease tensions with its 2nd largest trading partner after the states canada has chosen to dig in its heels here's the u.s. secretary of state mike palm pale canada stood firm against the chinese communist party's oxley sticky its 3 major telecom cares have also banned untrusted vendors even with canada taking action against the asian economic powerhouse now some canadian meat is being allowed into china but canola trade remains strictly limited at least officially the fact is the demand for canadian can all look also known as

rapeseed has recently sort internationally and has found a back door to china while china has deeply cut its canadian imports china is buying canola oil from other countries who buy much of their raw canola from canada as it stands canada is the world's biggest producer of the yellow flowering plant in fact it's canada's number one crop last year it earned canadian farmers over 6. point $4000000000.00 u.s. dollars of bad weather and insects which have caused the lowest yield in 13 years for the e.u. and britain for 2 years in a row canadian canola is crushing it although canadian canola exports to china fell by 45 percent year over year during 11 month period through june the country's total canola exports have jumped by 9 percent with france doubling its purchases and the u.a.e. tripling its import shipments in fact last week ice canola futures hit a high reaching levels not seen since october 2018 the jump was mirrored by

a price rally in china which an attempt to limit supply from canada has caused an increase in cost for the oil at home according to reports a manager with a china based canola importer has said profits are extravagant anyone who has the resources to import canola oil will definitely buy it is like gold oil now currently canadian stockpiles are high and canada's dollar remains competitive meaning as much as china might not like it a little bit of canada will be on its kitchen tables for the forseeable future for boom bust are now it's my love it's. very bad news for kodak after a massive 765000000 dollar loan deal has now been put on hold well that's thanks to allegations of wrongdoing by kodak and its executive as we previously reported the deal came about when the us international development finance corp announced plans last month to loan kodak the funds to now produce a greedy and drug a gradient that is not attacked or used but now well that deal has been put on hold

until these allegations can be cleared up that the s.c. tweeted on july 28th we find a letter of interest with eastman kodak recent allegations of wrongdoing raise serious concerns we will not proceed any further unless these allegations are cleared well joining us now to discuss it is bill must co-host an investigative journalist and so on and then let's start with the allegations here what's actually being claimed about kodak. so it's pretty simple here that little that you mentioned that the 760000000 alone was announced in details that were leaked on july 27th but the f.c.c. isn't getting it number one on what grounds was it leaked in the 1st place that's a very important and that and secondly after that how could that control that a slow sure of the law would cause extra price by 25 percent that day and then looking at the fact that stock options were granted to exact. on the day.

so were blocked and stock options were granted to executives on july 27th those options instead became profitable because of that 25 percent that isn't the corrupt allegation that's been looked at. serious concerns here especially from the democrats about the amount of money in this amount alone going into a company like kodak because they have no pharmaceutical experience but we're going to follow this and continue to follow it i'm sure a bunch want you will be back with us to break this down further once we reach some sort of agreement or see what happens there boom was co-host an investigative journalist but. space x. has been in the headlines for working with nasa to launch astronauts to the international space station but space x. may also be the next big partner for the pentagon well according to the wall street journal musk's space x. won a multi-billion dollar contract with the department of defense making it one of 2

primary satellite launch providers know the deal will see space x. take over about half of 3 dozen launches over the next 7 years this breaks up the monopoly that was held by united launch alliance which is a joint venture between familiar names like lockheed martin and boeing well it's also a leap forward past amazon c.e.o. jeff bezos blue origin which also hit on that contract well that's it for now you can catch boom bust on demand on the brand new portable t.v. up which is available on smartphones and tablets to google play and the apple app store by searching portable t.v. portable t.v. can also be downloaded on newer models of samsung smart t.v.'s as well as roku devices or simply check it out a portable the t.v. next time.

54 drugs and more than 1300 military personnel are headed to 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 this 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 made us. 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 the not financially quality and the lack of affordable housing living minimum wage many people naturally. that's been a problem with the city can always turn around and told me stay away i know you'll miss. the food if there is no it's because you know it's the requires. the most vulnerable are abandoned on the streets to become the invisible comes. here we talk about all those crazy problems out there and then during the summer we deal with solutions that's right so lucian's and today we're going to be talking with the nose of coin floor.

and illegal takeover of government by a small group. rather than revolutionaries all soldiers to that small group the gulf aeration when you have a tiny group of people who have all the power you have to have some means to make sure the rest of us don't get together and take it back. these are sacrificing. places that capitalism exploited and destroyed for profit and left behind misery poverty environmental devastation and so you see things like voter suppression building more prisons you seem gerrymandering all sorts of undemocratic practices. use of that world are well into this world and there's

no question that the. russia claims to have developed the world's 1st corona virus vaccine although clinical trials have yet to be completed the health minister says it's been tested and is sick. the streets of belarus are seeing a 3rd consecutive night of unrest following the recent presidential election police have once again blocked off public squares and are detained people amid clashes with law enforcement. and in beirut people gather at people.