for a minute i'm fair montecito fair in washington coming up canada became the 3rd country to a cruel pfizer's covert 19 back to the u.k. health authorities that warn against giving the shots to those prone to severe allergic reactions the clock is ticking for congress to pass a covert relief bill as they struggle to reach an agreement with benefit cuts to expire at the end of the month we have a panel and i have a lot to get to for let's get started. canada became the latest and 3rd country to authorize pfizer and biotechs covert 1000 vaccine pfizer spokesperson for the canadian unit said the drug maker will supply 76000000 doses of the vaccine to canada the country joined a britain and bahrain in approving the vaccine and said it already secured 240000 actual doses to begin in occupations by early next week this comes as the us federal drug administration confirmed the safety and efficacy of pfizer's vaccine

and said it showed a favorable safety profile but u.k. health authorities said there may be a warning for those with allergy history artie's trinity charges has the details. new concerns are brewing over allergic reactions potentially brought on by the pfizer and by a one tech code in 1000 vaccine the same vaccine set for u.s. approval by the f.d.a. this week as the u.k. started amounts of fur to immunize the country beginning with health care workers and the elderly 2 staffers from britain's national health service with a history of severe allergic reactions developed mild allergy symptoms after getting the vaccine from the very extensive clinical trials that this wasn't a feature which if we need to strengthen our advice now that we've tried this experience in the vulnerable populations the groups who've been selected as a priority we got to the field immediately workers had symptoms. of anaphylaxis i'd

reaction which typically includes a skin rash breathlessness and occasionally a drop in blood pressure the health care workers are now doing fine there's a backward looking bit on the forward looking bit ways that since they all depend on preexisting systems and bio in texas they are working with investigators to better understand each case and its cause while the medical and health care products regulatory agency say that people with a history of significant allergic reaction to food or medication should not receive the vaccine this as the f.d.a. is to review the vaccine permit urgency authorization used in the u.s. on thursday these independent scientists will you know they will debate it will discuss that they'll see a lot of detail and then they'll vote in that that recommendation then goes on to the f.d.a. if you're usually takes the. recommendations of its advisors not always. you know in this case. because the data is so causative. i think.

we can anticipate the f.d.a. is likely to follow what the advisory but while the vaccine is essentially 95 percent effective at preventing cova disease most americans say they want to get it but now some lawmakers are taking matters into their own hands. person linda where wasn't all proposing legislation that would require residents to get a coven 1000 maxime if public health officials determined people are developing sufficient immunity from the virus the new york health department could then mandate vaccination if the person is healthy enough to receive it well on new york is trying to mandate it tennessee is introducing a bill that prohibits its government to enforce people to get it lawmakers they're introducing house bill 13 which states that authority shall not enforce require or coerce a person to receive an immunization or vaccination for kovan 1000 against the person's will now many are wondering if the government could actually force people. to get

vaccinated and the answer is yes courts have found that if and when medical necessity requires that the public health outweighs the individual rights and liberties at stake in fact just last year here in new york city there was an ordinance passed that fine people for not getting measles vaccination reporting in new york turn of each others are to be. on one say u.s. code relief talks hit another wall as congress is running out of time to send help to the millions of americans struggling due to the pandemic on top of that federal funding will lapse on saturday if congress fails to path legislation for more on this we're joined by bus coach. and c.e.o. of obama's see ottavio marandi octavia let's start with you how is the current situation looking well we get a last minute resolution done in in time really before the benefits wops. well i have say it's looking rather confusing i mean it's been weeks of negotiations start for us and we're exactly where we were 3 or 4 weeks of this move usable progress

made of any sort we understand phone calls made by the white house in the senate. and basically it seems that we're nowhere so i think everyone wants to really. know what was just so something will get done but they certainly are going to come down . on me comes up the end of the day in terms of mix of life because he is the. unemployment benefits and i think at this stage is anyone's guess he simply didn't say it was simply no well especially because we were pretty positive about this earlier and even earlier in the week late last week that there would be something passed because both sides need it but there are now 3 types of stimulus plans right the white house which which now includes $600.00 to americans there's also the bipartisan plan which boosts job unemployment and then the mcconnell plan which basically says let's just past everything we agree on is that even likely. i think

that you know the end of the day i really don't know. but it looks like maybe the difference at some stage at the very last the very last minute so just certain extent there's a bit of theatrical and roles here that almost make it look like they're negotiating very very i've been negotiating very hard for the situ and seems to be the way they're going to make it happen as you know they something will get exactly the license. and take the average of what it was just it was i think both sides are pointing fingers again senate minority leader minority leader chuck schumer saying mcconnell if sabotaging these talks about christine these benefits are expiring at the end of this year the u.s. might be facing another addiction crisis come january what's the latest on that situation. well january is looking like it's going to be an absolute mess america will face a large scale addiction crisis unless something is passed soon as the addiction moratorium is set to expire on january 1st so at the moment $70000000000.00 and

unpaid back rent and utilities are set to come due according to moody's and last month place like maryland utility companies have begun to terminate customers with overdue bills as many were unable to pay because of job loss so 40000000 people could be threatened with eviction over the coming months as the real economic crisis is only beginning so this could result in a surge of homelessness unlike anything we've ever seen before and right now this is huge that commun the market because we've heard the job report numbers were getting better and we saw also that in october the median sale price hit a record for homes so it appeared that things were fine on the surface but actually it isn't because these whole numbers they mean nothing for the people who read and it's those renters who have been disproportionately hit so currently if there's no resolution passed in congress then nothing is backing these renters the c.d.c. said that the eviction moratorium could be extended but they're still waiting to see what happens in congress and there's still too much uncertainty with the talks

of this potential 2nd stimulus i could help well kristie without the federal government help is there any chance that local and state officials are going to step in. there is a potential that they could step then but also what can they do excited from extending this election moratorium and mind you currently as it stands this moratorium only covers nonpayment of rent so that means that landlord can actually still of the tenants for other reasons such as damages to property noise overcrowding of people or pets as family members getting elected move into their relatives homes or actually if your lease is up you can also be addicted you can't renew anymore so a lot of this for the larger landlords they're ok it's the mom and pop landlords are also being affected too because they're not being evil by evicting anyone but there are 8000000 mom and pop landlords in the united states and many of them depend on these rent to supplement their own income so they're not trying to evict anyone trying to holiday see them but it's to pay for upkeep and to pay their

mortgages and where these mom and pops landlords to actually stay afloat as well right a lot of them like you say do have the mortgages to pay and would somehow need to turn to banks which aren't helping much at this point you know i want to talk about how markets are playing back today tech is leading that decline now despite that door dash started trading at $182.00 nearly double of what it was priced at how does this make sense. but i guess perhaps the investment bankers are working that deal misestimated with. i daresay some people who sold this so low prices shitting themselves for not having held on to it but i think it makes makes perfect sense i mean this is a company that benefits basic and a mix of lockdowns they do home deliveries of food that become the dominant player in the u.s. market about 60 percent market share and interesting enough unlike the who. they actually eked out small profit in the last quarter so the called that and they

actually modeled the cultural i mean it wasn't terribly impressive but they also rule and growing very quickly so i guess the market is a passing. in the sea more lockdowns with more locked. 'd and. more. base in the sky that is the limits of this. space so i think. it's very well for a lot. i expect to see that continue to grow financially as for the coming months you know a lot of people depending on the service especially with families are those full time working parents who don't have time to cook and then. don't have time to cook rather than to the mail to their families kristie i want to talk about tourism and hospitality the those related industries they're obviously getting crushed by the pandemic air b.n. b. is instead raising capital and they're looking to i.p.o. how is their being we going to fare in this sort of market. well it looks like air b.n. b. is actually shifting its focus more social on her stay cation type arrangements

instead of communication so the other pandemic air b.n. b. has been cutting costs and pivoting its target demographic so rather than advertise all the traditional urban travel areas being began to expand on its local community offerings especially in less densely populated neighboring communities so these homes provided vacationer with a safer alternative than a populated hotel booking so as such now air b.n. b. is reportedly raising its i.p.o. price range by more than $10.00 as the appetite for this deal was much higher than expected so now the valuation is about $42000000000.00 on a fully diluted basis and this deal is expected to price wednesday tonight and trade thursday so it's kind of incredible that a vacation travel leisure companies able to attain such a frothy by alleviation at a time when unemployment is so high in the global economy is partially shut down so there is a little bit of disconnect between wall street and main street the has become only more office this year and also more over so far this year already raised

$140000000000.00 and i.p.o.'s on u.s. exchanges alone which already far exceeds the previous full year record highs set at the height of the dotcom boom in 1900 so as u.s. equity valuations get increasingly stretched investors are actually forced to chase higher and higher prices and they get increasingly anxious when these fresh ideas that they can just pull into from the floor but at some point you really got to look at it and wonder if it's worth the because. they dropped out sharply in the midst of the pandemic gross bookings actually fell almost 40 percent year over year and i would make sense of people are looking at stake ations or at least something that's closer to them that would not require them to even get on a plane they could just drive themselves and all but these these i.p.o.'s are certainly interesting to to hear a boom bust co-host christine. thank you both for your expert analysis today. thank you. and what could be one of the. most significant legal battles with tech giants

$48.00 states and federal authorities filed an anti-trust lawsuit against facebook well it states the states allege the tech giants $1000000000.00 purchase of instagram and $19000000000.00 purchase of what's up marked a pattern of behavior to neutralize competitive threats allowing facebook to become a market leader while depriving users of privacy protective alternatives and november facebook c.e.o. mark zuckerberg we heard him tell the senate judiciary committee that facebook did not view instagram as a direct competitor back in 2012 well facebook shares lost 4 percent on the news time now for a comeback the u.s. announces new sanctions against china but the world's 2nd largest economy may be a chance to hit the reset button with the incoming fight at the ministry as we go to break your the numbers are for. the so.

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china's government it's ready to hit reset and its relationship with the united states this as a trumpet ministration continues to hit government leaders with a fresh round of sanctions beijing says that we are a historical moment between the 2 countries meanwhile the u.s. state department announced new sanctions against 14 officials on china's top legislature the national people's congress standing committee over a national security law imposed on the financial hub of hong kong. china has always

resolutely opposed and strongly condemned the u.s. interference in china's internal affairs and the so called sanctions against chinese personnel on the basis of the hong kong issue we have repeatedly stated our solemn position to the u.s. side in this regard and have already made some legitimate and necessary responses. in us now to discuss professor will and when west coast offense juan thank you both for being with us today ben let's start with you what's the reasoning behind this latest round of sanctions against beijing yeah it's not really new it's the same reasoning that we saw before which is this national security law that was passed in china and imposed upon hong kong essentially it is a law that was set up to get rid of sedition or dissension in the country and this is includes words like secession subversion terrorist activities collusion with foreign powers essentially anything that is deemed as being anti is illegal in hong kong so the u.s. response to that by essentially saying shipping 14 individuals those symptoms

include by the way banning them from traveling to the u.s. banning their families from traveling to the u.s. also any assets that are held in the u.s. or in control of u.s. persons will be blocked so it may not have much effect at all if these people don't travel to the u.s. or don't have assets here in the u.s. but it is interesting because of the fact that the u.s. again we've talked about this before use ascensions as kind of a blunt weapon they use them against economies they use them against entire countries and in some cases they use them against individuals in countries in order to impose the u.s. as well in an area that we really shouldn't necessarily be involved in because this isn't the u.s. that's involved we're kind of imposing ourselves into this and it's the one major weapon that the trumpet ministration has certainly used time and time again throughout the 4 years of an office professor well china it's trusting though that it's ready to kind of hit the reset button and restart relations with washington i know we talked about this before but given what's going on now do you see that

happening under a biden administration. i think there are disagreements inside the biden administration forces will basically want to get their share in on what's wrong started. basically have another cold war and instead of the soviet union sucked up to china. do that because the republicans in a sense at the goal along and you can get some kind of mileage out of that and then there are others who say that everything drawn. didn't work in terms of jane jane jane china one of the older and has only made the relationship worse if you look at recent data you'll mode 3 states one the deficit with china is larger than it used to be because americans are buying more chinese goods number 2 the exodus from hong kong of business interests that was supposed to happen if you sanctioned china never happened nobody left and nobody is leaving china either this is being viewed

as a kind of petulant. striking out by a declining administration wanting to look good for its base your willingness for politics but the whole thing appears to be pulled to be a kind of all sash and theater it's counterproductive no one who come to us following states in doing anything like the french the germans no one's doing this it's the united states all all for china says that it wants to you know come to terms president trump when he had the the dialogue with china to continue on that you know phase 2 trade deal what have probably possibly been signed by now who knows but it was the virus the pandemic that really the coronavirus that really set things off between the 2 the 2 countries that made things a little bit worth but i do want to ask about china's foreign minister saying that

china and u.s. trade it's mutually beneficial which we've heard that time and time again but will abide in a ministration acco that idea more strongly than the trumpet ministration. well i think they will echo it more strongly by the way actually to say one thing i don't think there was going to be a face to trade deal between the u.s. and china i know that the u.s. said there was going to be i'm not sure there was ever going to be i don't know i don't think that was really actually in the works but i do think by the administration will work more closely with china certainly there are a lot of corporate interests that want to continue to establish a relationship with china here in the u.s. certainly on wall street they do but in terms of there being real substantial there are real problems in trade between the u.s. and china there are real problems with u.s. jobs being overseas and not being here but the question is have any of the steps that have been taken over the last 4 years resolve those issues i think it's hard to say that they have that they fixed it anything and so then the question becomes if you keep repeating the same same actions and making the same mistakes and you're

expecting a different result well that's the definition of insanity so much or we should continue to do things that haven't been working the question is what can we do to strengthen the u.s. economy here in the u.s. without having to be in some kind of economic war it doesn't have to be a 0 sum game right especially when it saving at companies here in the united states money to manufacture to do get things done overseas in china i mean that that's essentially what globalization is to try to work with other countries to make the best product and the product that's going to save americans money because even of the jobs came here that it could risk some inflation and some price. that real quick yeah you could that that's true but i think you also have to weigh whether or not that is a risk worth having i think it's worth having i think for americans to be able to have jobs and work instead of more stuff more cheap stuff i think is a positive but again you can't force that into the economy and require it into the

economy right well i will think of a professor of what about the issues of these anti 3rd they said the actual laws that have been imposed upon hong kong well the biden ministration also permit that or are they going to continue to just import impose more and more sanctions. well i'd i think there has it if they eat it's not up to us to permit the world it's not like that anymore we're not that the the big bad teacher with the stick who were rich or doesn't the rest of the world look function the chinese have shown they can continue they can work around these sanctions other countries have done that this is not enough that the jewel probably never was it certainly as it is now but here is a dangerous issue that people should have in mind i suppose other countries began to do that so hold up that concrete stand that with the united states separated children from their parents at the southern border that this was so i would rages

and damage that that we're going to sanction i don't know citibank or somebody else in your writing states on we do not pump these exactly who is and isn't behaving properly that is a very dangerous direction most of the world's organizations the u.n. the league of nations you name it said that you have to let countries doing their thing inside their boundaries without that the trauma and issue that divides the world because the math the rich the rise in war and i think and i know all that the pilot and the administration understands that there are more to be gained by working with john and then by heating up another cold war when we have heard that that they they plan the biden restoration plans to keep the sanctions that have been placed on china why not they're lower than they are remains to be seen depending on how how the meetings go do you see that happening where china may have surpassed the united states the world's largest economy in the coming years. you

know one would have to assume that there is no other reasonable assumption the worst 30 years china's g.d.p. has grown at roughly 3 rock i'm the american that's why they're the giant that we all respect but how the cause of what they've been cheap and keep this up which they've shown they're able to do this year story example when every other country almost on earth is shrinking the chinese economy well in less than a huge who is none the less growing we have almost $300000.00 people dead all that they have for us. i mean there's no complexity in here that's what's looking like it's going to happen and that's sad little all is going to shift all of this flaw or more their little egypt for tat sanctions extra. really has and yes it does really question where things will go from here once by then and ministration comes

in and see how he handles it well whether it's a tariff what kind of relationship he's hoping to build with with our neighboring our our partner that is our trading good trading partner china professor richard wolfe and ben swan thank you both so much for breaking this down for us. at all for now but you can catch boom bust on the man on the brand new portable t.v. app and it will see an x. time. join me every thursday on the alex simon show and i'll be speaking to guest of the world of politics or business i'm showbusiness i'll see you there. imagine picking up a future textbook on the early years of the 21st century. what are the chapters

called gun violence school shootings oh. first it was my job and it was my fear bill it was my savings i have nothing i have nothing to lose now i don't try a little for resources i look for jobs i'll look for everything i can to make this house. in oil of doing is. the road to the american dream paved with good refugees it's this very idealized image all. americans look possed the deaths that happen every single day this is a history of the usa america on our t.v. . radio which is a planet with finite moods and atmosphere highly active geology and evidence for a little corner of the ocean since you're it could. be of those for biology is

just far beyond our wildest imagination. either midday here in moscow thanks so much for joining us you're watching our international. first this hour shares in the pharmaceutical giant pfizer have dropped nearly 2 percent on wednesday on the news of death some warnings in the u.k. people with a history of allergic 'd reactions were advised against taking the company's coby jump well in the u.s. drug regulator the f.d.a. revealed that 6 people had died during trials so it's stress that this was no cause for concern and within statistical expectations later on thursday's deciding whether to give the vaccine approval for emergency use in the united states as the earth has. this was very very bad for publicity at a time when people are already nervous with.