we should be very careful about artificial intelligence and the point 0 obviously. trusts are done in shia. areas and with artificial intelligence we're summoning the demons. must protect its own existence and existence. if. this is the one business show you can support a bit more in washington coming up global vaccine rollout well underway the process has seen some speed bumps straight ahead we dive into the latest and later we bring

in a pail to break down how markets are faring of the fed federal open market committee meets to discuss the state of the u.s. economy back show today so let's dive right in. and we lead the program with the latest regarding astra zeneca an expert universities embattled cope with 19 vaccine after a handful of member states suspended use of the drug due to issues related to blood clots the executive director of the european medicines agency says it is investigating the link between the vaccine and these health issues but of course we know that many people many thousands of people it's about the blood on your the in the new for many different reasons so what we call our expert committee to do is to stop this whether there might be a cold the relationship between the box and nations be. events so while the

investigation is ongoing we are currently we are still firmly convinced that the benefits of the job is that the cat box in preventing poke at 19 with its associated prisk of hospitalized patients that outweighed the risk of the side effects and these comments from the blocks drug regulator come as officials from belgium and the united kingdom have said they will continue use of the backseat but if we look very carefully the evidence all regulated the n.h.l. is very clear that axing state people should take. a regulator has been pretty clear there is no case to suspend the rollout on the continent and the w.h.o. the world over when i say she's also been clear so this is actually sacred we should take it is actually currently the data that we have does not allow us to say that there would be any additional risk to astra zeneca vaccines in the field of those is. one of them. has been used massive was around 5500000 doses in

the european union and nearly 10000000 in the. second in this massive data signals could let us think that we are over the expected and normal level of. my general population. meanwhile a spokesperson for russian president vladimir putin has taken issue with the united states putting pressure on brazil to not use russia sputnik the vaccine in january the u.s. department of health and human services said in its annual report that its office of global affairs had made efforts to counter attempts by countries including russia to bolster their influence in south america now the report specifically mentions the russian vaccine saying quote examples include using a health officer to persuade brazil to reject the russian covert 19 vaccine while kremlin spokesman dmitri peskov would not comment on the specifics of the report he did tell bloomberg quote this doesn't contribute to joint efforts to combat the corona virus globally adding we believe that there should be as many doses of

vaccines as possible so that all countries including the poorest have the opportunity to stop the pandemic and it should be noted that last week brazil had signed a deal to import 10000000 doses of the vaccine starting in april. so to more on all of this let's bring in our correspondent saya tavern. you know brand all throughout the been pandemic we heard wealthy nations promising 2 things right that there would be a vaccine race were countries are competing against each other and that people will be put 1st before profits but at the moment neither holds true 1st of the $381000000.00 vaccine doses administrate so far more than 50 percent of those vaccinations have gone to just 10 countries then there is a cost of the vaccine with the pharmaceutical companies have negotiated a different cause a different rate for every single country and i want to break to break those down

for you for example the e.u. they have a 25 percent discount on the pfizer vaccine compared with the u.s. and u.k. since year or help fund that vaccine then if you look at astra zeneca vaccine the u.s. will pay $8.00 for 2 doses for the oxford funded vaccine compared with the e.u. and u.k. prices which is 45 percent cheaper but a country like south africa that's dealing right now with the very aggressive very end who are having a difficult time purchasing any vaccine they're going to be charged $12.00 for 2 doses of the astra zeneca and then on the other side of the scale of more durness vaccine which was subsidized by the u.s. government because 20 percent more on the european market and 60 percent more for the u.k. now the johnson and johnson vaccine is also much cheaper for the e.u. $8.50 plus each doses will go twice as far as the other brands since it's

a single shot black see now only astra zeneca can compete with their pricing and while astra zeneca though and johnson and johnson have committed to not making a profit from the pen demick more during our and pfizer have not as. senator has the reserve the right to declare when that company considers the pen demick phase over and take profits from later vaccine sales now this even though most governments brand actually funded the research for the vaccine and we started the segment talking about russia's speed make the vaccine how does that compare in price with some of these that were developed by private companies and in the u.s. and europe so the cost of to dos says this. vaccine for all international markets will be less than $20.00 so we're talking about less than $10.00 per dose only astra zeneca and johnson and johnson vaccine are cheaper now

aside from the pricing their sputnik vaccine has a very high efficacy level and finally they have the extra vaccines to actually ready to ship to contraries whereas most other pharmaceutical companies don't even have enough to fill or earlier committed orders and that was exactly the case of brazil which has the 2nd highest death toll right now worldwide and they were struggling to buy any kind of vaccine which is why they turn to russia even though the u.s. department of health publicly confirmed that it had pressured brazil against perch and sing out of the russian vaccine so this is an example where we're seeing politics over people brand or to correspond at site over to you so much for keeping us up to date. so from more some more analysis on the state of the back scenes and the roll out let's bring in a real expert in the field dr william stafford the vaccine specialist at vanderbilt

university medical center dr schaeffer always a pleasure to have you on. after several nations actually suspended use of this astra zeneca vaccine we're hearing a lot of experts say there's just no data to justify these decisions and we heard it there at the top of the show what do you make of this choice to stop using it is this more reactionary than based on science. well i don't know how much science there is i know the european medicines agency is investigating this very carefully as as as they said you know medical events occur an older people and we're vaccinating older people so if the vaccine is given on monday tuesday wednesday or thursday something may happen to that faxing recipient is that a causal relationship or is it just coincidental and that's the investigation that's currently ongoing what we've heard from the company is the rate of these blood clotting disorders is actually lower lower in the people who've received the

vaccine then in the general population that would give the all clear to the vaccine but of course that comes from the company we wait to hear from the. european medicine agency and that report we hope will come by thursday and dark chapter is that all concerning that they were getting all this negative attention might do lasting damage to public opinion of the astra zeneca and oxford university vaccine or the whole slate of vaccines we've been talking about for months. all of that print is a real already because there's been such a taint on this astra zeneca thanks seen if it is given the old clear which we rather expect they're going to have to do a big public relations campaign to convince people to take that vaccine that's going to be difficult and here it's about to go before the food and drug administration in our own country and we'll see what happens there you can be sure

the f.d.a. and its advisory committee will take a good long look at those data and i mean is there any reason to believe that this is kind of an aside here but it may in the f.d.r. are they both in your opinion equally trust trustworthy when it comes to the efficacy of these vaccines the safety of these vaccines. i think they're quite comparable correct and they both have very very high standards and i certainly have more experience with the f.d.a. on this side of the pond and their external advisory committee is tough all the time they ask hard questions and the data have to be there to support the indications for the use of that actually and has actually began studying its vaccine on children aged 6 months to 11 years old in the united states and canada how important it is to prove the efficacy of a coping 1000 vaccine in children and are there safety concerns with trials

involving people so young. sure and that's why we start with adults ork down to adolescence then grade school children and then the preschoolers we do this in a very gradual way now the news that these trials and children to start it puts a smile on every parent's face because they would like to have their children protected it will help us open up our schools even war safely but we do this gradually make sure that it works and make sure above all that it's safe and doctors after one more question here before we go we spend a lot of time talking about the vaccine rollout in developed nations specifically here in the united states obviously and in europe but is coated going to be continue to be a problem worldwide if developing nations in the poorer nations don't readily have access to these drugs until everyone else is basically like well we're done back to back and you can have them know well there are

a lot of people working with the world health organization the gates foundation an institution coal kovacs trying to make these vaccines more readily and more immediately available to the developing world this pandemic can't be over until it's over everywhere just vaccinating ourselves is not sufficient so we all need to pay attention to this it's just a humanitarian and sensible thing to do it helps them and it helps us to dr william schaffner always a pleasure to talk to you of acting specialist at the vanderbilt university medical center thanks for clearing so much of this up for us. pleasure. and as the u.s. war on weiwei continues the telecom company has now announced that it will begin charging other smartphone makers a royalty to use its patented 5 g. technology by doing this the chinese technology for looks to open a new revenue stream even as other parts of his business have taken

a hit due to use u.s. sanctions now we're going to have ben swan on in this just a few minutes actually now i'm hearing that we do have them so joining me now to discuss this is the us co-host and investigative journalist pence one that's live t.v. for anybody that's like to. 'd explain to us how this revenue stream works who is the client and what will they actually be getting yeah there are really 2 big clients here that we're talking about we're talking about apple and we're talking about samsung get much bigger than that and essentially what you have is why we creating this 5 g. technology and holding by the way the most patterns of any telecom company in the world in terms of 5 g. technology they have the most patents and so what they're offering to do is to essentially license those patents out to apple and to samsung but in order to do that they're also going to get a much better price for that technology than their competitors who are their bigger biggest competitors qualcomm nokia and ericsson those companies also have 5 g.

technology but they're charging much more for it and now while we seem to have a couple of advantages over its competitors including its pricing structure what can you tell us about that. yeah well the pricing structure is the kind of the whole point here look back but a year ago there was a huge battle between apple and qualcomm and that was over the fact that qualcomm's charging 7 dollars and $0.50 per iphone for apple to license its 5 g. technology it's pretty high price what wall way is offering by the way for its more than $3400.00 patents which is i mean it outnumbers everybody else in the world in terms of what they have they have the most advanced patents they have the most of them they are offering them at $2.50 a phone i think about the cost difference that right $2.50 a phone versus a $750.00 you don't want a $5.00 difference for apple and for samsung for every phone for every device that they make so a lot of this has to do with the type of the u.s.

is in a pretty good job of trying to push while way out of the 5 g. space nokia ericsson qualcomm. while weight of course insists that they have superior technology they have better technology than the others but the reality is that in order to get those other companies to fight and push back against the u.s. government which they will do by the way you've got our firm a sweetheart of a price and that's what they're doing well absolutely say if you think about the millions of phone samsung and apple cell worldwide and you know a 5 dollar discount for the technology for them that's a win every time they're trying to shave cents off to make money when they look at $5.00 that's got of their life their eyes light up with the dollar signs for sure right now while we're on the subject of walk away there's actually been some new developments in the extradition case of wild ways c.f.o. men ones oh what's going on there yeah yes kind of interesting here so as it is here is my notes we've been covering the story for a long time right now 10 is essentially was detained when she was flew into canada

she was held there her devices were searched and essentially she has been under house arrest ever since she's facing u.s. extradition to the united states is trying to extradite her to the u.s. they say that while way was working to illegally bypass u.s. . ancients and and essentially work with as a telecommunications company the country of iran which they say is illegal and what they claim that kind of the core of their argument is that many wrongs of the c.f.o. and the rest of the while way was essentially trying to trick the bank h s b c into kind of working with them in order to funnel funds through iran and to conduct business in iraq so that's kind of the argument that's been made what's interesting is this kind of the latest argument that's being made is that h.s.b.c. was not detrimentally impacted in any way by this relationship and more importantly h.s.b.c. is not a u.s. company while we it's not a u.s. company main ones it was not in the united states so why does the united states

have anything to do with any of this that's the argument that her lawyers are now making co-host investigative journalist ben swan thank you so much you've got. it's time now for a quick break but hey here because when we come back we bring in a pail to break down how markets are faring at the fed federal open market committee meets to discuss the state of the u.s. economy and as we go to break here the numbers of. we're told the deal jay's capital right investigation is one of the largest in american history the f.b.i. has made it clear it will not leave one stone unturned to prosecute what it calls domestic terrorists all of us want answers surrounding this event but is this also

a purging of trump loyalists. americans love buying homes. this was a fundamental part of how our political leadership and our country a large understood the bargain you get a home and then you know rebel right as the things you don't revolt if you have a stake in the system. be really interesting back and think about the longer deeper history housings man in the united states not just that. the american dream and the bigger question if you dream is for.

and welcome back news corp and facebook have come to terms on a deal for news content in australia weeks after the nation's government passed a law that would require tech companies to help cover the cost of journalism news corp said tuesday it had reached a multi-year agreement with the social media site that covers regional and major news publications the media company now has paid deals with facebook google and apple to provide access to its content meanwhile on the social media front russia will block twitter in one month unless the social media company removes banned content reports citing the nation's communications regulator moscow said last week it would slow down speeds of twitter inside the country for failure to remove specific banned content deputy head of the regulator said twitter could avoid being blocked within the country if it deletes the offending content which it says includes child pornography and material on illegal drugs and child suicide and

with the surge in interest rates and the rebounding economy the spotlight is on the fed this week the big question is when will it consider unwinding its easy policies for more on this let's bring in michelle schneider she's a partner and director of research and education at market gauge dot com and blue bus co-host christiane i thank you both for being here michelle i want to start with you what do you expect to hear wednesday and what are the big highlights investors are looking for and how do they think the market will react to the federal chair drone pollen his minutes. well we can look at the reaction of the market today and what we saw was the eels on terms of the short term go up again yet the nasdaq shaking it off a little bit since that's the most sensitive right here and closing high on the day but not high enough for it to clear the 50 day moving average so i think there are some level of optimism and skepticism a combination in terms of what we're looking at for the fed there is clearly going

to stay accommodative they're going to keep the federal funds rate near 0 they're probably going to say at least for the next couple years and replace that with securities purchases but that whether or not they address that too hot subjects right now which are those yields based on inflation expectations i think that's what could drive the market one way or another tomorrow at this point power of course has been very dismissive of inflation saying that he expects it to be very very transience in terms of if it even appears at the same time now people are worried about a rate hike coming up if inflation does indeed get out of control so i think what the market's going to want to hear most tomorrow is what he's going to do about the short term yields isn't just going to let them go will there be a point where we talk about operation twist so it's more what he doesn't say in essence that might be more important than what he actually does say and kristie what what are you what are you expecting out of drill on wednesday. well most

likely we will get some sort of communication saying that it's still too early to change plans for interest rates and bond purchases i mean he's repeatedly in recent weeks said that he wants substantial further progress and the recovery before the central bank actually began scaling back its 120000000000 dollars month and on purchases so we don't really expect the fed to raise rates until its goal of maximum point man and sustain 2 percent inflation happened and that's still a long ways away from where we're at now this was something that took a decade to achieve following the global financial crisis back in 2008 so these are the expectations but as we can see from the market movements and masters are still a little skittish as they rotate on the high flying techniques and this is reflected in a spike in government debt yields particularly the 10 year treasury notes which is often kind of the canary in the coal mine for coming price increases and this could lead to some very real world consequences for people since lending rates for home mortgages and car loans there are linked to that so mortgage rates they've already

begun to creep up which could price some buyers out of an already hot housing market while existing home owners will also find it harder to refinance their lots and investors of course also want some be assurances from the fed that inflation is still under control and that the central bank will use all that stool to address anywhere in price increases and on spikes so far paul has been noncommittal about specifics in terms of what tools yes left at his expose all i know michelle i want to kind of switch gears here for a 2nd suspects have been over the last 12 months as these initial offerings quadrupled last year to $248.00 but it looks like short sellers are increasingly betting against specs what's the story there. oh it's like anything else that's no you have to really be able to discern between which facts are legitimate and which facts are putting out they're just fishing for money so for example one of the best trades that we did here are coming into 2020 was f.x.

which turned into a mountain pass which was a spec that was based on rare earth narrow mind california literally that went from 11 to 55 so that one was a really good one churchill which is listed motors is starting to come its own way and today we had the announcement of the torah which is the current platform which to the tune of 10400000 dollars evaluation refund check acquisition went up a couple of percent on its. own it's basically debut today so i think then you have to really understand why you're to getting into whether or not it's in an area that's actually a mess and try to do as much research as you can but i would just necessarily say ah fads over time to show itself because that can get you into a lot of trouble as well it does require a modicum of thought and research and christo and on this before we go because in retreated from its record highs on monday india is actually reportedly considering

banning cryptocurrency altogether with the latest there. breaking 60 k. was a huge deal for big quite as it's been just underneath that pumping right up against it for weeks now so that was a huge weekend for my client but it's a rally was really dampened by news that india was propose a lot making it completely illegal to possess trade or issue any cryptocurrency which would essentially cut off access to a massive market for the captain and the strait reuters reported that this bill would be one of the world's strictest policies against crypto currency which with essentially criminalized any sort of possession issuance mining transference everything so this was in line with january's government agenda that called for a banning of virtual currency such as while also at the same time building a framework for an official digital currency a.c.d. d.c. that's actually bank backed by the bank of india so this bill would get holders up to 6 months to liquidate after which penalties will be levied so even though this is forthcoming a lot of users in riyadh they are still in the best as they are they are driven by

greed because this market is still expanding with over 20000 years added since january and india boom bust because christiane michelle schneider of the market good thank you both for your time. and that's it for this time you can catch boom bust on demand on portable t.v. which is available on smartphones and tablets through google play in the apple app store by searching portable t.v. but if you can also be downloaded on newer model samsung smart t.v. as well as roku devices simply check it out a portable t.v. we'll see you next time on boom bust. that's right the stand had to be here some of. them from what i saw. i know that i don't know i might try but there are guys that you know plus i got the 4 or down together that.

i'm going to let them but i don't question them you can keep an eye on what i have floozie china for truffle. you know that thing you know. the hey how nice and. good it's whole food place choice. and pay on time and to me has said. from my last 4 that a massacre will fuck around mr hates it for jim and then i hope that our freddie macor. the world is driven by a dream shaped by. the

day. thinks. we dare to ask. debate is is it fair for transforming our place to compete in women's categories and sports. as a society we have decided to categorize sports based on sex i definitely need to do not think that it's fair for athletes that when porn is pile article males to compete in the women's category on and on and on why do we have gendered sport do

you have gender categories in sport because we do treat men and women differently. every single soul beat athletes we all have biological advantages over each other. are the same you thought of me and i think friends are the subjects in a little here because i love to do it and i've developed confidence and belief in myself and i've learned the value of hard work and dedication i'm gonna put on doubting. that these men say that they feel like to love it and they will not ever know what it's like to feel the loss of the baby her maybe biological free home of these that they will never do they really think this is fair. i just don't believe it.

the u.s. health department openly admits to prevent brazil one of the country's worst hit by the pandemic from adopting russian. all in the name of american safety and security . hospitals they could start putting more services unless they can support with the pandemic already leaving millions of people on and. we hear from a brit who's been waiting 7 months for a shoulder surgery. i was very shocked to. find out to. hold that is. all tied not wise. to.