has already switched to the pfizer and johnson and johnson shots the head of south africa's advisory committee on the vaccines broke down the countries of priorities in tackling the virus the promiscuous i mean tom we do need to protect our health care workers and we need to protect it with a break see we treat another who does have a track record provan trial record on preventing serious disease with the new variant. and we just screen the use of issues in one of the important things of course you want to look at is does a. probe in series from fiction. fiction or the new variant because it really don't have data i think is really important this particular variant has got a mutation and a very critical part of the you just need to for the bars to establish the fiction as a particular technician at a particular position which is of course because the virus is not the trick and

selected for its. previous infliction and the vaccine. this hour i'll be back in 29 minutes with another full and fresh look can you stay with. the reason they do in this study and the reason it's. those controversial and still employed is that it demonstrates the power of social situations and saying. that. good ordinary people to do really bad things.

this is the one business show you can't afford. in washington coming out. global markets are mostly up this week as the 3 major indices in the united states post weekly gains following a record setting in the political divide in america that. has become more noticeable when it comes to social media censorship we have a panel standing by we have a lot to get to start. a u.s. farm biopharmaceutical company is looking to bring in india and made covert 1000 vaccine to america pennsylvania based are huge in ink wants to get kovacs in approved for use here in the states hopes are that it can play an important role in protecting americans from the crown of ours which would most likely boost our standings in the stock market artie's alex mahela which has a story. it has been one of the hardest hit countries in the global pandemic but

with more than 10700000 registered infections india has recorded the 2nd highest number of covert cases in the world after the united states more than 150000 people in india have died so far from the corona virus but things are starting to get better. the number of active code 1000 cases in the country is continuously decreasing it is currently less than 160008 day and this trend of declining and cases is ongoing the mask over 1000 vaccination drive program kicked off in india in mid january so far more than $4500000.00 doses of vaccines have been administered and i may see you every month sort of a sort of comfort or a decade of action and that in i think the fear of the jobs come from 2 sources the oxford university astra zeneca cova shield vaccine and kovacs it which is developed by the indian pharmaceutical company bharat biotech now pennsylvania based oxygen

inc wants to bring kovacs into the states the biopharmaceutical company which traditionally deals with fighting blindness has entered an agreement with india's bharat biotech oxygen tweeted we are excited to announce the definitive agreement for the commercialization of kovacs in the us with bharat biotech and share in the us commercialization profits kovacs and received emergency use authorization approval in india in january according to a press release from oxygen the company plans to receive an initial supply of kovacs and doses from bharat biotech once the vaccine is approved by u.s. regulatory authorities in the meantime it will ramp up its own manufacturing process of the vaccine in the us while the vaccine is already being used in india due to the emergency use authorization it is simultaneously in its phase 3 of clinical trials involving 25800 patients. so far that actually has shown plenty of promise it is easily stored and could potentially treat all age groups kovacs and

also shown to work against covert $1000.00 variants such as the u.k. strain aside from creating excitement for its coronavirus fighting abilities the prospect of oxygen importing and manufacturing kovacs in the u.s. has piqued the interest of investors in december oxygen was a penny stock that you could have picked up for $0.29 a share this past monday it hit a high of $18.77 since then the stock has leveled off a bit many blamed a massive spike in shares on reddit traders but some analysts believe there's more to the story phase 3 clinical trial results from bharat biotech are expected in the coming weeks and positive news could do wonders for oxygen and if approved by u.s. regulators kovacs and could become an important player in america's immunization program if these things were to happen the oxygen stock could hit a new record high but then again with the type of stock market volatility we've

seen in the past month it's anybody's bet. best breaks my heart liver. this week local markets were mostly up following some big gains on wall street on us stimulus vaccines on earnings week starting in russia the mo x. is up this week russia's central bank kept interest rates at 4.25 percent after a recent rise in inflation and falling threats of sanctions a russian foreign minister said the country is prepared to cut ties with the european union if necessary which may factor into markets in coming weeks in asian markets the shanghai composite is up this week nearly one and a half percent hitting fresh 52 week highs the index was closed thursday and friday for the lunar new year holiday and in hong kong the hong saying anded trading early on thursday to the holiday in the green closed at its highest level since january

of 20 teen short form video maker quite sure technology it's saw gains of more than 13 percent on wednesday in japan the nikkei is also seeing another green arrow it hit $52.00 week highs trading volume was down to close a week due to the holiday a new reuters economist poll expects japan's economy to contract by as much as 5 percent in the 1st quarter of 2021 that's of course due to the pandemic in india the sun sex is also in the green it's continuing that record run banks in information technology were pretty strong this week now let's move to australia where we see our 1st red arrow of the week the a.s.x. 200 trading volume was also down similar to japan's losses in gold and energy really pushed down the all shares in south africa also in the green on friday the south african president called for support on the ongoing vaccination drive the

rand saw some of the best growth in the read. ahead of the speech let's move over to europe where we start in london the footsie is also despite concerns over the astra zeneca oxford university cover 19 vaccine the company reported a 10 per cent rise in profit year over year but shares just edged a little bit lower official data released on friday showed the country's economy contracted by 9.9 percent in 2020 the french cac and german docks they're both down both in the red german 2nd largest wonder commerzbank shares plunged 6 per cent over a weaker than expected outlook for the year 2021 in france l'oreal saw gains of 1.5 percent after a better than expected earnings let's head over to brazil where the evil best buy is in the red the rails slid earlier in the week inflation in the country so to an annual $4.00 per 56 percent rate that's above central bank school of 3.75 percent

a friday report also showed economic activity in the nation fell just over 4 percent just last year and mexico the b.m.v. is just barely down the mexican central bank cut key interest rates for the 1st time that since september by 25 basis points to 4 percent now the move shows some concern over the nation's recovery from the pandemic hewn the united states we have 3 green arrows all 3 major indices are up the labor department reported the consumer price index point 3 percent in january as inflation arming study meanwhile fed chair powell said rates are going to stay low until we get closer to that full employment finally in canada we finish up with a t s x is up the index hit record highs on wednesday on investors surge of cannabis companies those stocks edge lower to close out the week but the energy sector was also slightly down and that is

a global market walk. council culture it's a phrase we've been hearing a lot of lately whether on cable news or on social media it seems people with certain ideas or beliefs are being publicly rejected and silence or in some cases even losing their jobs artie's trying to travis explains council culture has been around for a while but it has intensified in recent times and now in the age of social media it has become a polarizing topic of debate now many are wondering if council culture is killing free speech cancelling means the public ostracisation or silencing of a person a group or organization do a perceived mistake sometimes this can mean a loss of platform or boycott on a certain product but more recently the phenomenon has led to firings and resignations amid the country shifting views on race even non-celebrities have become entangled in this evolving web and as social media continues to evolve

twitter has become a powerful court of opinion and cancel culture plays a role twitter now taking aggressive action censoring what content is shared on the platform on thursday to social media platform permanently suspended the twitter account belonging to james o'keefe on thursday owner project veritas a right wing group that routinely published uncover sting videos after he confronted a facebook vice president about their double standard there's nothing in this week that bodes anyone's privacy i'm simply quoting a facebook vice president about a most public concern probably more of a newsworthy issue than the standard oil monopoly of 100 years ago but i'm going to have to delete this against my own conscience so that i can utilize your twitter account moving forward since the lead in that tweet his account has been reinstated and while twitter declined to say what specific tweets may have triggered the important action the company said that o'keefe personal account had been locked temporarily for violating the same policy instagram which is owned by facebook also barred a long time and have axion activist robert f.

kennedy jr for allegedly spreading coronavirus misinformation after questioning. the covert $1000.00 vaccine a spokesperson for the company said we removed this account for repeatedly sharing debunked claims about the corona virus or vaccines however kennedy unequivocal rejects those characterizations of being false or misleading and said in a statement every statement i put on instagram was sourced from a government database from peer reviewed publications and from carefully confirmed news stories none of my posts were false this kind of censorship is counterproductive if our objective is a safe and effective vaccine supply the cultural war raging far beyond social media platforms. you know who starred as the warrior care are doing and the man to laurean was fired by production powerhouse lucas films and at the united talent agency for this controversial instagram post that she made showing a woman being chased through the streets the accompanying text said that the nazis fomented public hatred against jews as a part of the holocaust and she asked how is that any different from hating someone

for their political views the post which was later deleted sparked outrage and the hash tag fire gina carano fans of the man to laurie and gina khurana though are crying cancel culture in the new change dot org petition that demands disney plus we're back to the series meantime the new york times also facing scrutiny over how the paper has handled personnel issues and conflicts of sensitivity the outcry by staffers leading to 2 resignations of the mills and 45 year new york times veteran donald mcneil jr other cases are unrelated they both share the fact that the times knew about their specific inappropriate conduct for years but took little to no action the debate over council culture centers around whether mass public criticism furthers the cause of justice or if it represents a misinformed on line witch hunt that poses a threat to free speech and while experts still struggle with a clear cut way to hold people accountable they say that we can start by allowing and not silencing the exchange of ideas and uncomfortable conversations for the

greater good reporting in new york trying to teach others are to you. more let's bring in ben was co-host investigative journalist pants on and host of meet the press which airs every friday at 6 30 pm steve malzberg gentlemen thank you for being with me steve let's let's get right into this talk about the current council culture thursday disney fired one of the stars of the mantel orian simply because she who is a conservative talked about these nazis fermenting hate as a political weapon yeah i mean that's outrageous i mean she didn't she wasn't saying anything in praise of the nazis there was absolutely no reason to fire her and one of her co-hosts by the way who was liberal views also invoked nazis and hitler in a tweet making a point again not supporting nazis and nothing has happened to him so it's a double standard the left you know it says stop crying stop whining but you know

i defy them to show me the list of liberal organizations liberal personnel liberal people speaking their minds who have been affected by this cancel culture it's almost a rule of conservatives it does seem that way which is why many are turning obviously to other platforms which we'll get to in a 2nd but then i want to talk about the economic side of this does disney fear any backlash from viewers because of this. no i don't think they do and i don't think any company that is in gauging right now and censorship expects any kind of backlash to it whatsoever look the reality is is that this actress who was in the mental laurean was not only not saying anything in praise of the nazis she was actually historically correct in what she said what she said is that the nazis used hate and hate towards the jews with neighbor to neighbor in order to build up a willingness to eliminate entire population of people she didn't say that is happening here she said there is hate being formants in this country for people who

have a different world view that is absolutely true right now across the country there are people who are beginning to believe that you should hate someone because they believe differently than you do or they say things differently than you do and so what we're doing is we're only reinforcing that by getting rid of anyone who says something different by the way it's not just conservatives it's happening to it's anyone who does not fall into the worldview of these these technocrats and very small kind of neo liberal order that is running the country right now we need robert f. kennedy jr i don't think anyone would really call him a conservative but still been deleted because he has a different world view that what bill gates says the divide is just getting even bigger unfortunately and there's no room even for discussion open discussion anymore which is terrible but see we're seeing more and more likely said conservative versions like you said social media rising there's gad there's telegram there's me we can these platforms really become serious competitors. well

you know i i was a member of parlor and i really enjoyed the platform and of course we have seen what's happened to parlor and i don't know if there are good ever come back i hope they do but it's very hard at and it is it's proving to you know the evidence is showing it's very hard to establish a platform and make it work in and not be at the mercy of some left wing you know internet provider who's going to pull the switch on you or lay down all kinds of conditions i mean you know there's gab there's me we as you said there's a whole bunch of them i haven't yet picked one of them a lot of people say you know go on this one go on that one but there's always the threat that they're all police and to an extent they guess you got it but you should only police against you know open calls for violence a 2nd taishan of of children but when it comes to a different points of views like educating people on vaccines or bringing up

questions about the virus or whatever that's just insane and will never recover from that if that's allowed to continue and it's hard when i when much like ben said you don't fit into their box of thinking and then they mediately will welsh on you and take you have the platforms bend social media companies seem to be engaging and a balancing act here they're trying to deal with misinformation on their sites while also keeping lawmakers happy or even take violence down much like like steve said isn't there some sort of responsibility on these companies to protect the public as well. no there isn't the their job is not to protect the public and certainly not from the things that they say they're protecting them from protecting the public from project veritas who is basically their entire mission in life is to expose corruption especially in tech companies that are protecting anyone from that but what is really happening here is it's a few technocrats at the top of society people like bill gates or mark zuckerberg or jack dorsey who are ordering society according to what they want to look like people like jeff bezos who say this is what i want society to look like they have

their point the levers of media they're pulling in the big tech they're pulling out of hollywood they're pulling it out of academia they have all these levers as a society being pulled and the fact is when you have a company like parlor that comes along in a free market parlor could compete but not when every side of the tech space works against them i guarantee you there will be competitors and it will come through blocking yeah i think of i think eventually there will be we see you know much to do with censorship and just all these sites and west coast benson steve malzberg host of meet the press airs every friday at 6 30 pm thank you both so much for your time today. thank you thank you. time now for a quick break but when we come back many americans and their businesses are in desperate need of aid amid a pandemic but many economists are asking the biden went straight to watch out for the frightening inflation arche for sanchez is standing by for our conversation as we go to break here the numbers that the club.

l. look forward to talking to you all that technology should work for people. i robot must obey the orders given by human beings except where such orders would conflict with the 1st law show your identification for should be very careful about artificial intelligence and the point of obesity is too great trust our government shia. muslims to take on various charts and with artificial intelligence will summon the demon. a robot must protect its own existence and existence.

it's. a dark industry comes to life in los angeles every night. dozens of women sells their bodies on the streets many of them under-age. los angeles police reveal a taste of the daily challenge if you're going to exploit for a child here in los angeles they were going to come over you would see officers going undercover as 6 workers and customers to fight the 6 trade. the congressional budget office projects the federal budget deficit is projected to total $2.00 trillion dollars this is for the 2021 fiscal year of course that's 25 percent larger than expected this is the 2nd time the biggest deficit recorded since world war 2 and it doesn't account for the 1 point one trillion stimulus bill

the federal government already outspent its projected g.d.p. output for 2021 so for more on this on the state of the u.s. we welcome back our team's host of the news that rick sanchez rick sanchez himself right good to see you let's start with the projected deficit for 2021 it's expected to reach the 2.3 trillion that's not accounting for that 1 point one trillion stimulus larry summers former treasury secretary under bill clinton he said that debt levels and stimulus spending could cause an overheated economy with severe inflation how big is this concern. that's guy he's right i mean how could it not i mean you know we've always said that at some point you're going to have to pay the piper i mean if it's a $2.00 and it's going to be and then you can almost add another 1.9 to it it does make you ask the question as to why it is that unlike some other governments in the world we here in our great united states of america are constantly trying to

outdo each other it's almost like obama increased the deficit and the debt and then trump came in and he was like a drunken sailor he was increasing the deficit and the debt by the way before covert 19 ran up and he was making money super cheap to borrow by lowering interest rates and now biden comes into office and this president seems to be doing the same thing it's almost like if heaven forbid biden passed away tomorrow and president haris took over she would say ok now i need to put my stamp on another 1.9 trillion or or whatever the future number might be and all this helicopter money and the fact that in so cheap to borrow and the fact that the dollar is being devalued those things eventually will accumulate and they will cause inflation if not stand so say a lot of people who know

a lot more about this than i do but a lot of supporters then argue that the next emulous bill are not spending the 1 point one trillion poses even more risks than spending the money and facing issues with inflation what do you think of that assessment. listen i i think i'm not against when there is a situation in any economy that requires some kind of intervention i think the intervention as long as it's not drunk intervention that people are thinking through what are we doing let's go on the conservative side if we have to increase it later we can increase it but this this new strategy that we seem to be employing that let's all fight with each other to see who can come up with the biggest number i agree with republicans on this argument that they've been making that many of mr trump's stimulus it is should

haves have still not mature the money that he actually put into the market has not even reached many of the people who were supposed to get it and we're already starting another cycle to give them more money i mean just common sense terms would you run your household that way no probably no no we you and i have talked about this time and time again about the wealth divide here in the united states the pandemic has obviously exacerbated the differences i want to read to you the world's top 15 hedge fund managers they collectively made $23200000000.00 in 2020 now to put this into perspective the top manager alone made more than what was it made more than in the past year than the g.d.p. of dozens of countries come when i reported to 23200000000 rick. it's unbelievable to think there's something foul and i mean really fall in the

system when you have an economic crisis you have originally 22000000 people out of work right 22000000 people lose their jobs apparently 12000000 of got their jobs back some of them not in the same shape that they were in before i mean 10000000 people are still unemployed in the united states and yet during this time the richest people in the united states have doubled their income and gotten in some cases 3 times richer than they ever were before so that makes us that have to ask the question about whether this stimulus that i was just talking about which is causing the debt the deficit etc etc is helping the wrong people and how is that money going into the pocket of these guys like the one that you just described i think is name as you know else to know how the 3rd or so. who just continue to get more and more rich because apparently we've created

a system where it's so cheap to borrow that if you have a lot of money you could borrow more and then you increase your share of the pie and there's a guy who doesn't have anything is waiting for the government to send him i don't know what $6800.00 like that's going to really change his life and it just it doesn't seem like the end doesn't doesn't add up rick i want to i want to ask you quickly about stocks this is a future of companies going public we're seeing a record of facts now coming going public. yeah. again this fact that you know special purpose acquisition company which are basically taking company taking companies public which maybe shouldn't be taken public just yet especially some of them that are ideas and not actually companies with employees and who that have a p. and l. i mean it's looking like right now most of them are not doing so well and one wonders if this to make cause

a problem down the line with the economy i think we're ok through the summer maybe into the fall and then i think we're going to look at this thing and go boy where are we and so either way before i go sara how what you what your due date how close are you 2 weeks about 2 weeks rick perry 20 so is this your last news is this your last year at all for miley yes. you're going to be a great body proud of you are to. says thank you so much for your time today we'll see you soon hopefully. that's it for this time i'll see you next time. knowing some would say that and who didn't but i'll blog good luck.

i know you don't buy that in a can matter a canard while. on a bad national. she cannot deny. any meals on mon not just us but those on miles on them a little has a millennia. and the national association. must know how to set the community. but i bet all small and a lot of the so what is. there any not given by those in that list on it in the most minute let me get a feel good. shot and know it when i'm. in my name and you have the.

russian foreign minister warns that moscow is ready to end times with the european union if it imposes new sanctions on key sectors of the economy. we don't want to distance ourselves from the international community but when need. to be ready for this if you want peace prevents war. in member of the world health organization just back from the coronavirus epicenter in china tells us that humans probably did not catch the virus directly from bats but from other animals instead. and outrage in france grows over american values supposedly being forced on the country as the renowned paris opera to diversify performances after complaints.