scenes have been administered and i may see you every month. or so the comfort of a decade of action and that in i think the feeling 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 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 for 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 and did trading early on thursday to the holiday in the green close 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 paul 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 in mexico the b.m.v. is just barely down the mexican central bank cut key interest rates for the 1st time 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 edged up 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

the full employment finally in canada we finish up with a t s x is up the index hit record highs on wednesday on investor 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 believed are being publicly rejected and silence or in some cases even losing their jobs are trying to charge as explains cancel 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 or group or organization due to 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 council 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 in the mantle 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 carano though are crying cancel culture in the new change dot org petition that demands disney plus bring her 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 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 be informants in this country for people who have a different worldview 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 and 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 it's terrible that steve are saying 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 to 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 as and then they mediately will welsh on you and take you have the platforms but then 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 there 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 it up 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 whisking him to do it censorship just all these sites and that's been fun 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 abidin lustration to watch out for the rising inflation our future sanchez is standing by for our conversation as we go to break here the numbers of the cut. the lead. the world is driven by dreamers shaped by the person of those words.

the day there's things. we dare to ask. the. local police know it's a little it's done in the idea who didn't blog you but i'll blog good luck and i don't buy that in a can matter a canard wall by now i should listen about nationality margaret that should have not been a huge lead. in this last book little someone else on the poll on the little human level a night on mobile become. a national shift in the national discussion. buffalo has said the computer. a lot of the soul to.

give. the start of you you know me you know the feel of a good. shot and know it when i might. be my name a few had that. he must not conflate all elites with corruption there are many bureaucrats and many public servants that are. that are patriotic that lowered civic duties and if anything must be associated with a new order that comes up that many of the success stories and all. the one. intelligent leaders and these movements tell you know people or the corrupt elites on the other side look we will give you a fair chance and we will give you an honorable exit from the system if you let

your peers which are cleaner and which have no blood on their hands come in and manage this with us. 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 and the state of the u.s. we welcome back our teams host of the new the rick sanchez rick sanchez himself right good to see you. well let's start with the projected deficit for 2021 it's expected to reach the 2.3 trillion that's not accounting for that 1.9 trillion

stimulus larry summers former treasury secretary under bill clinton he said that that 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 at $2.00 and it's going to be and then you could almost add another $1.00 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 in the debt by the way before covert team right 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 harris took over she would say ok now i need to put my stamp on another $1.00 trillion or or whatever the future number might be and all this helicopter money and the fact that it is 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 on argue that the next simula spill 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 now 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 who who just continue to get more and more rich because apparently we've created a system where it's so cheap to borrow 'd 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 them i don't know what 60800 dollars like that's going to really change his life and it just it doesn't seem like the antenna 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 tain 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 28 so

is this your last news is this your last year at all for miley yes. you're going to be a great mom ira proud of you are to his house. and 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.

join me every thursday on the alex simon show and i'll be speaking to guest on the world of politics sports business i'm show business i'll see you then. we've got the 3 headed vigilante coming our way we've got the bond vigilantes are coming back they're stranded drug dealers shorting bonds now it means that he is going to try to force a bond collapse like we saw in 1993. the bond vigilantes back big he's talking about gold then so or others just a golden jewel auntie's and the big point vigilante is i've been here since 22009

and they're growing exponentially now and the price of course as it goes under a trillion in this year 2021 it'll be worth more than 4 trillion so those are the 3 headed vigilantes that are now coming for the dollar the dollar is just sitting ducks. a dog industry comes to life in los angeles every night. dozens of women sells their bodies on the streets many of them underage. los angeles police reveal a taste of their daily challenge if you're going to exploit for a child here in los angeles all they were going to come out was the officers going undercover as 6 workers and customers to fight the early 6 trades. in the 1920 s. and thirty's several 100 african-americans moved to pursue the union and many of

their descendants still live in russia. because no no rush to get sick got to school on things. back home like american suffered from research and a complete lack of prospects. of the real now be a losing one by also store or by doing. so they decided to leave everything behind and start a new life in a country about which they knew almost nothing. some of the. cruelty of your new. found great crowd. golf you belong to. me and now almost a 100 years later history is repeating itself my great grandfather george time went to russia. probable worst time to go anywhere why not me.

when i come here. the headlines this hour america appeals against britain's decision not to extradite judy in the sands to the united states despite growing calls from president biden to drop the case against the wiki leaks and also to come washington has sold more than a 1000000 barrels of oil seized from iranian tank is raising questions about who actually gets the money and the new york governor's administrator he comes under increasing pressure over massive under-reporting of care home deaths during the pandemic we speak to the daughter of a victim. the sad part is that the seniors and everything that the that was going on with that death told to their political advantage.