we've discussed. this is what we don't understand how we are in such an unconscious it's. better sense of the ones of the us in time. to know what was going to be. similar to the similar. one. on board not that got to meet leave again with the phone about the food truck with the plane. would come back to the police story you have to see. the best. the in the. loop to you.

this is a boom bust the one business show you can't force a mess i'm sorry montecito going to washington coming up u.s. unemployment numbers groups sharply for the month of november as trying to various cases continue to set a new record across the country it's adding new pressure. on capitol hill and a new report attackers are targeting sensitive data grounding kovan 1000 vaccines including the storage facilities used to keep the fact that will talk to a cyber security expert about story later in the show we have a lot to get to so let's get started. the u.s. saw some pretty disappointing unemployment numbers for the month of november u.s. job gains missed expectations as the jobless rate decrease to 6. point 7 percent

this comes as u.s. house speaker nancy pelosi said the democrats are willing to accept a smaller proposal for a covert 1000 relief package to help the american people it's for a shorter period of time but that's ok now because we have a new president president who understands that america's working families need to have money in their pockets in a way that takes into the future which feel very. excited about the prospect that the there's a bipartisan. with these latest numbers in mind let's take a look at where global markets performed on where they ended this week things are mostly up on the positive vaccine related news but there are some outlying red arrows starting in russia the molex is up for the week russia's central bank says brokerages within the country should push retail clients to really buy domestic stocks as a record number of 1st time retail investors have started trading amid the pandemic

will new numbers to meet the economy will contract by 4.5 percent this year in asia the shanghai composite is up on the week the 50 which tracks the 50 most valuable stocks it hit its highest level since 2008 this is a good sign of china's economic recovery and this is despite the pentagon blacklisting chip maker smic an oil producers and o.c. in hong kong the hong saying we're seeing our 1st red arrow with some gains by the end of the week shares in my cease make and c. and o. c. fell friday by 5.4 percent and 3.9 percent respectively after that u.s. blacklisting in japan the nikkei also down for the week positive vaccine news really helped the index reach its highest level in nearly 29 years it did slip a fraction of a percent on friday though let's move to india where the sensex is up on the week

for the 5th straight week with record highs despite news the country entered its 1st recession due to the pandemic however the finance ministry said india is on the path to a v. shaped recovery in australia the a.s.x. is in the green the financial sector perform pretty well but mining took a big hit the all shares in south africa is up this week the pfizer vaccine approval in the u.k. really helped that index but there are some concerns the country was already in a recession before covert 19 heading to europe in the. ok the footsie is up the pound sterling hit its highest level in 2 years brags that negotiations continue the index gained nearly 125 percent throughout the month of november this is a bath the best month that is since january of 1989 the french cac is also up supply concerns over biotech and pfizer vaccine drug markets just a bit but german dax was down but held steady on data that industrial orders

actually rose more than expected in the month of october moving over to brazil that hugo best buy is up for the week the country's economy grew by 7.7 percent in the 3rd quarter of this year less than expected but still the biggest growth since 1906 when they 1st started recording in mexico the b.m.v. is also in the green following someone is trying as here on that stimulus and vaccine optimism the s. and p. hold mexico's credit rating firm this week saying policy will keep things under control but they expect a soft recovery throughout the country in the united states the dow s. and p. the nasdaq up they're all in the green this is despite those disappointing job numbers the dow and s. and p. they hit fresh record highs and busters are watching that fresh round of stimulus as well as that vaccine roll out finally in toronto we finish off for the. seeing

a green arrow canada added more jobs than expected in november on friday alone the energy sector gained about 3.5 percent on that news and that is your global market walk. shares in wall ways greater china suppliers such as shannon circuits rose on the news that the u.s. justice department is discussing a deal with lawyers to resolve criminal charges against while we c.f.o. main ones. our teeth alex for helmets has a story. the u.s. has accused her of criminal activity while her legal team and the chinese company she works for have maintained main one joe's innocence the criminal case against ms monk is based on allegations that are simply untrue to the contrary it was made clear that the business activities by ms monk were conducted openly and

transparently with the full knowledge of banking officials while his chief financial officer migwan joe was detained by canadian officials in vancouver on december the 1st 2018 the arrest was made at the request of the united states which has accused her of bank fraud related to allegations that she violated u.s. sanctions against iran the 48 year old executive has been fighting extradition to the u.s. for 2 years as her case is heard in canadian courts now there is word that the request for her to stand justice in the states might be pushed to the wayside under certain conditions according to the wall street journal the u.s. justice department is talking to making one shows representatives about the possibility of deferring and possibly eventually dropping charges against her which would allow the c.f.o. to return to china from canada. the catch the chinese telecom executive would have to admit to criminal wrongdoing something meg may be reluctant to do saying that she's maintained her innocence throughout the process meanwhile china has kept up

the pressure on canada to release as soon as possible regardless of what the u.s. justice department has to say. without violating any canadian laws and has been under reasonably detain so far we express our strong indignation and condemnation on this account since the arrest china has punished canada through trade restrictions and allegedly through the arrest of 2 canadians it is a popular belief that michael covel former diplomat and michael spouse or an autopen or were arrested and charged with spying in china in retaliation for megs arrest in vancouver claiming that they suggesting that these are just going on. raising this spike charge a charge me. instantly to keep pressing the issue we're seeing. with the possibility of men being released there is hope that the process could

open the door for the 2 imprisoned canadians as well according to the globe and mail source told the newspaper that the canadian government had been pressuring the trump administration to put an end to the man drama in hopes of creating a way to free speech or and covert who have been imprisoned in china for over $700.00 days it is thought that meg's release could also work is a big step in normalizing relations between china and the u.s. as well as china and canada. the big bust. as big continues to climb to historic highs the question surrounding the world's largest crypto currency is it now too big to fail well that's what some analysts are saying so we break down what got in and question and even more with our boom bust co-host and crypto analysts chrystia and ben swan chrystia let's start with you at the the level bit coin has reached including a brief all time high we saw earlier this week on tuesday is it reasonable to

believe that big question is not going to drop back to the lows we once saw back in 20000. i mean anything is possible in the markets that's the definition of black swan events but barring any unforeseen market catastrophe it is reasonable that will stay above the 2018 lows and a big part of that is because we finally have institutional participation this year and holders that are trading on massive amounts of leverage and turning the markets with big volume so that is the big difference and because of that we have very firm levels of support at 801-001-6000 so on top of that pick one is further gaining the attention of high net wealth investors in the aftermath of the coronavirus condemning so investors are now looking at this 17 trillion dollars and negative yielding debt globally and outside that the government will be forced to spend to limit the impact of the pandemic on global economies so as they print money currencies will be devalued thus making bitcoin and other assets like gold the only

possible hedge against the macro economic problems ahead so major players are now paying closer attention to big quiet and as of today when it's up about 166 percent gold in comparison has only 20 percent so it's really proven itself as a store of value in times of crisis so it was born out of the financial crisis and about a decade later in the midst of the world's biggest health crisis it has proven again itself to be a steady and reliable hedge so investors have to do something with their cash that they piled into equities everything's all revalued at this point commodities demand is down with the slowing global production debt and treasuries they're barely getting anything or you're getting negative rates so what else you keep it all in cash and you have your buying power dwindle as becomes increasingly worthless so really it's hard to look at these data points and say that bitcoin isn't an incredible store of value at this point i know and i know both of you have said time and time again this is a kind of a long term something that people investors really need to look at long term not

just point in plot right away which seems that's the way that is the case to be the case as we go through this pandemic. ben i do want to ask you this there are rumors that the outgoing secretary treasury secretary steven menu chen trump and restorations about to leave office they may be planning to impose these new crackdowns new rules on south hosted cryptocurrency wallets with. a set of data collection requirements what do we know as this going to happen is this something they desperately want to do looks like it's something that certainly could happen this came about because of between put out by coinbase the c.e.o. what he essentially said is that the treasury secretary that the treasury department may be trying to put in some last minute rules for crypto currency that would be really the most damaging rules that have ever been created at least so far in terms of laws regarding crypto here's what the c.e.o. of corn base said about it he said that the proposed regulation we think would include requiring financial institutions like queen bass for instance to verify the

recipient owner of the self posted wallet collecting identifying information on that party before withdrawal could be sent to that self hosted wallet it's a very big deal because you have to remember that one of the manger major ito's of of the had been cribbed occurrence e is being able to own your own wallet hold your own keys to it so that you privately hold in collect a crypto currency that's the whole point of it being called a crypto currency not just a digital currency under this set up essentially what this really comes down to is the treasury department saying we want to know specifically who the owner of every wallet is before they can make any kind of transaction so it's a very big deal if this were to happen yeah and they if if it does if they only have a few weeks to do so and it doesn't allow them to be as free as as it has been kristie i want to turn to the libor a lever crypto currency is it renamed itself d.m. it's in and then africa to show that the project has these organizational independence as it attempts to even get some regulatory approvals for launch why

did leverage change its name. it's just a rebranding attempts a bluff at changing the name the image the face of the organization in order to distance itself from facebook who is already being accused of being too big too powerful and too influential so with facebook's power and global reach libras seem to threaten traditional government run time anshul systems so d.m. has now shrunk significantly in scope since it was 1st announced the project is now rumored to launch in a much more limited form in the d.m. dollywood debut as a single coin backed by the dollar to launch as early as january 2021 so if you think about it libra was originally meant to be a coin peg to multiple currencies for stability that would be traded in place for them so it was later then changed to offer multiple coins that would be backed by different currency as to almost replace domestic currencies and that's what freaked out traditional governments so instead now in this limited scope the d.m. project will just be another state will play very similar to us d c or true u.s.d.

or us details that are or any of the handful of stable points out there it's no different despite its fancy promises of instantaneous low cost secure transactions it's no better or worse than any of the stable coins launched already literally the only advantage it has its audience reach as whatsapp is used by about 2000000000 users around the globe across 180 countries so it's still not entirely clear what the young will launch but the group is trying to make it sound less menacing than the facebook controlled dollar replacement which face it would almost make they spoke as powerful as any head of a large country and that's what it sounds like we're fortunately we're out of time with christie and boom bust co-host thank you both cryptocurrency experts we appreciate you being with us today. thank you. a new report says hackers are targeting sensitive data surrounded coded 1000 vaccines including the cold storage facilities used to keep the shop effective we'll talk to

a cyber security expert about the story in just a moment as we're going to break down the numbers of. thank you. it will. you can. become we're going to. need to.

buy a book about one or you'll. need to. well reduce and lower. that's undercutting what's good for markets is not good for the global economy. look forward to talking to you will. you should work for people. must obey the orders given by human beings except where such conflict with the 1st law. should be very careful about

a person to. and the point of use me is to trust our government here. with artificial intelligence will some of the. most protect its own existence with. as we get closer to administrating the covert 19 vaccine it seems hackers and scammers have their eyes on pharmaceutical companies in a new round of phishing attacks at least 6 pharmaceutical companies in the u.s. the u.k. and south korea have been targeted including johnson and johnson over backs north

korea has apparently tried to infiltrate u.k. based astra zeneca for more on this we're joined at the over 30 analyst and chief security advisor for central one morgan right morgan thanks for being with us today it's good to see you. good to see you again sir well morgan how big of a deal is this. this is huge you were just talking about bitcoin i will tell you dax seems to have a value i think far greater than even something like bitcoin does back seams are now the currency of the realm i mean big question is about money it's about monetization it's about well back scene is about lives and you can control the supply chain if you can control the intellectual property the research and development the distribution i mean saving lives at this point is the key and people will spend billions and billions of dollars to make sure that that happens so this makes it an extremely inviting target not only for criminal organization but for nation states who are looking to steal intellectual property research and

development and try and manufacture their own back scene and capture a part of this huge market which will probably be with us for you know at least my lifetime and it seems to be that this has been going on or the attempt to for quite some time since the research and development process started for this vaccine north korea seems to be pretty strapped in terms of its economy and has a limited access how is it that they have the power to do something like this. look of the lazarus group which is part of what's called the of reconnaissance bureau these folks are highly skilled they get assistance from russia they get assistance from china they get assistance from iran some of the united states and the u.k. the e.u.'s major adversaries so while they may be backwards in terms of her main entire country infrastructure they have actually elevated themselves to work you think about the nuclear power there is i think your stent countries that have nuclear weapons you know a very small club north korea is joining that club but you've got to remember it's

just not north korea it's china it's russia it's other countries who actually have the capacity to build and develop these vaccines you know and create the supply chain so those are the ones we also have to watch out for as well but north korea wants to make money why don't you just said it because their country needs money well and russia and china have have have their own vaccines that they are going to start mass x. nation china i believe already has but i want to talk really quickly about the country then for a structure as far as north korea what it even be possible given their health care system to produce any treatment from whatever data they are able to get. no i don't think so i you know i think what they're looking to do you know they're only going to be one of the people behind this but from the north korea standpoint what they're looking to do to see is if there's any way they can capitalize on stealing intellectual property any today they could steal all the research and development they want they just have i think 0 capability to build and develop a vaccine maybe it's for their own country maybe that's what they're looking to do

but it would be very effective you know at this point they just don't have that clinical capability they don't at that university system they don't have all the peer review stuff that the major countries in the world do you know to be able to peer review things and develop these things so you know north korea is in again you just never know with kim jong un what he's going to be thinking when he wakes up you know each day but it's definitely but remember north korea just isn't after that north korea needs money so their ability to you know launch french more attacks like they did with want to cry stealing money out of the swiss system which i think they did in yemen to the tune of $95000000.00 so you know north korea is going to figure out an angle some way to make money out of this and the keep trying though they do you know they've been pretty quiet at least until now had it but i.b.m. also uncovered this global phishing campaign that's targeting the vaccines cold chain specifically now that's a component to say that the vaccine supply chain that ensures the vaccine is preserved in these temperatures right in the temperature controlled environment so

if a foreign power messes with something like this could it be viewed as a large scale attack worthy of a cyber even physical counter-strike it would be u.s. if if if it were this were to happen with the u.s. respond. yeah they would respond but i don't think not from a kinetic standpoint not on this i think this is something the u.s. cyber command g c h q in the u.k. you know the equivalent agencies and organs and you know in other countries who respond to but sure you hit it you know make no doubt about it interfering with the cold chain with the supply chain it will be lost if this happens i don't want to sound dramatic but look we don't have any people coping skills we know the rate of infections we know a lot more people will die getting the vaccine out you know while it's kind of up to almost an act of war to interfere with that i don't think it will rise to that level but i think it will draw a very severe and very capable response from people who are interested in preserving the supply chain you've got to remember though to sarah one of these

other things since this vaccine will be going to countries where there is no power at the structure they have to rely on things like solar to get those things out there so any interference with even the smallest items of the cold chain could have a devastating effect on getting the vaccines out to the people i mean really need centrally would lose vaccines right we would lose the billions of actions that have been are they would working to to mass produce but even without this we're not necessarily guaranteed that they're going to all be useful right or use worthy yeah yeah you know this is this is an unprecedented i hate you said were because it's like so overused but we are really in a time where you know everybody had a business continuity plan nobody had a pandemic nobody planned it so we're saying judy thinks what we're seeing though is when you strip away the bureaucracy and you just really get down to it keep the main thing the main thing you the the fact that we can develop a vaccine like this in 10 months is just staggering but to your point but there's got to be a lot of things beyond the efficacy of the can we track the patient data how well does it work i think it was johnson and johnson or one of the other c.e.o.'s of one

of the big pharma companies don't think it's that they're not even sure after you get the jab back you get the stick for the vaccine whether or not you will still be able to transmit the virus or not so right there are a lot of unknowns at this point that are even if after the 1st dose people are going to want to go back to get a 2nd dose depending on what kind of side effects that that those causes morgan wright were out of time cybersecurity analyst and chief to create advisor for sentinel one it's always a pleasure talking to you. banks are good luck. you may think long company meetings from home are unproductive or even painful now microsoft says they have a solution to this problem but the approach is already getting a lot of criticism including accusations of spying r t correspondent tashi sweet explains. microsoft is now facing a backlash against its supposed solution for unproductive meetings in the workplace the problem according to critics recording the quantity of one's activity in a meeting or on the job 1st is quality is

a problem for some others say it takes any kind of privacy away from employees almost working as a surveillance tool microsoft is testing their patent on their own employees before launching the system for other companies the tech giant is utilizing body language facial expressions and other information like emails and participation in meetings to scale productivity sensors inside boardrooms and work areas collect this data and want everyone to be able to really harness these tools to help digitally transform your organization according to microsoft many organizations are plagued by overly long poorly attended and recurring meetings that could be modified or avoided if more information regarding meeting quality was available but to monitor quality the company is using quantity how much an employee participates in meetings how many emails or chance are sent with certain keywords microsoft released its new productivity score feature in late october when i click into it i see a dashboard with a set of categories and in the upper right you see your score on

a percentage scale and as you see. people experiences in technology not everyone is buying into the concept though the tool is making headlines as it's been revealed managers are able to access individual user data will be cristal of the independent crack labs digital research institute in vienna austria tweets the productivity score turns microsoft $365.00 into a full fledged workplace surveillance tool and. late october microsoft said their company has a strong commitment to privacy across all our services well according to patent filings this concept reportedly dates back to at least 2 years inside the company an application filed in 2018 was approved in august of this year we're $48.00 in los angeles and sweets are to. fall for now catch a boom bust on demand on the portable t.v.'s and will feel like the time.

i. you always. start answering questions. you're more likely to walk free if you're rich. or if you're poor. you got. one now. so you should be seen in here and a whole lot more if you don't take that advice.

for my guide to financial survival. professional. that's right. more and more. to protect yourself get informed. if you're born into a poor family you're born into a minority family if you're born into a family as a single parent that really constrains your life chances.

every day you meet your needs and the needs of your family. so pounced upon the public through filming the police and the u.n. says the new security bill is incompatible with human rights however paris insists it won't be dropped although it could be written. let's go inside and talk to the 1st volunteers of world's 1st and she called the mass vaccination. russia starts free mass vaccinations against 19 right here in the capital we speak to one of the don't. some people who are sick with hospitalizations and intensive care and needing long ventilators just room and i don't want to see this anymore.