when i almost choked see him brawl what a hole just told her to make the old lady get to shape out of this thing called to educate and in again it was betrayal. to when so many find themselves worlds apart when she's to look for common ground. if.

i. this is boom bust the one business show you can't afford to miss i'm going to bore in washington coming up the united states of the fresh sanctions on russia and straight ahead we're going to analyze the economic impact of this latest coming from washington plus a new study claims there may be risks associated to vaccines made by viruses are going to take a look at these new revelations and the state of global vaccine. and u.s. retail sales are up in the united states while jobless claims are down later on we'll dive those numbers and how markets are reacting to the picture today let's

dive right in. and we lead the program with the administration of u.s. president joe biden moving forward with a new round of sanctions against russia citing cyber spying and efforts to influence the presidential election now as i mentioned this is just the latest round of sanction sanctions which have been piling on 2014 this latest round comes as tensions between russia and ukraine are heating up president biden reached out to russian president vladimir putin in an attempt to calm these tensions with the u.s. president even proposing a summit between the 2 later leaders now are down to what exactly is included in this latest round of sanctions and their economic impact let's bring in boom bust co-host and investigative journalist ben swan now ben in these sanctions they've sanctioned 6 russian companies they reportedly support russian spy services what else is involved in these sanctions. yeah it's as you mentioned it's sanctioning

essentially these you know to number of companies but it's also saying that in a series of other into these essentially in russia that are accused of being involved in interference in the election this goes all the back to 2016 right so interference the 26th election as well as those they say are involved in the cyber espionage we're talking about 100 private firms 10 intelligence officers on top of all that are going to be expelled from the united states and forced to leave the country because they say that those intelligence officers are working on behalf of the russians so. the whole thing is over cyber hacking is over the election interference you said at the beginning here president biden has said that he wants to or he's already had a phone call with president putin he says he wants to kind of ratchet things down even have a summit between them a brand how difficult is this at the same time that you're launching a new fresh saying sions on to another country at the same time that you're referring to the leader of that country as

a killer you say you will we should also sit down and have a some of the talk about this so one hand it seems like the biden administration is ratcheting things up while simultaneously saying they want to ratchet things that it does seem like the timing with it was kind of weird in this situation for sure sanctions against russia seem to be a regular occurrence here in washington and since 2014 there have been a series of sanctions placed what do we know about the history of sanctions between the united states and russia. yeah so the same could really serve the kick in around the time when russia took that portion of land in crimea which they say you know came to them through referendum in crimea of course the united states argues that it wasn't they say that the russians were essentially annexed it and took it into russia so there's a lot of debate about that but if you go all the way back to that time in 2014 that's when it really began so the u.s. begin to impose sanctions at that time around 690 individuals and 2014 alone or sanctioned by the united states that we saw more sanctions take place in the years

that followed that 2016 in 2017 even under president trump in 2017 we saw this new act that was essentially put into place and it allowed for another 49 to 50 russians to be added to say so there's really 2 kinds of sanctions that we're seeing right now one is essential in of companies the united states has been very heavy on that sanctioning particular companies and industries and in specific individuals in russia who essentially are powerful people or who are in government positions and they've censured them as well so we see kind of a combination of those 2 things happening in tandem the censuring of those individuals as well as those companies and again this is gone on since since 2014 to the average american it might feel like oh sanctions against russia but what's really happening is kind of a layering or a piling on of these sanctions to a pretty pretty remarkable extent and part of this new executive order includes a ban on u.s. financial institutions from taking part in the primary market for ruble dominated

or denominated russian sovereign bonds what kind of impact is this going to have. yes so it's definitely going to have an end impact so essentially what it does is it bans as you said in the primary market for u.s. investors from being able to buy those bonds that are who will backed it does not affect by the way the secondary market so u.s. citizens still be able to buy on that secondary market but on the primary market since they won't be able to it's going to cause interest rates to rise for for the russians it's going to be more difficult for them to sell those bonds because they can't be sold on the primary market it's a fairly a fairly interesting strategy that's being tried here it really because you're really trying to punish the government all into the here by making it more expensive to go out and to borrow money that's essentially what's happening here making it more difficult and more expensive that's that's the main idea here and again it is interesting to watch this happen as the united states imposes this new sanctions on russia because the u.s. is constantly out in the bond market trying to raise money right trying to do the

exact same thing and yet in this case they're trying to use this as kind of as a weapon and look it's we've seen this happen over and over with the russians with the chinese with the iranians with the venezuelans the u.s. is almost overreaching at this point where we have seen more sanctions in a more dramatic way being instituted on countries around the world and because of the level to which the americans and the u.s. does this it's causing a backlash from a lot of these countries that are finding ways especially in financial markets to get around the united states and that's only going to accelerate quickly before we go there's a lot of talk about russia being disconnected from western payment systems including visa and mastercard will that happen if you do this quickly please. very quickly i think it will probably happen the visa master card will essentially cut off russian they won't be able to process of them anymore there's another way through a company called mirror that russia is able to do that but i think the real story

here this goes back to cryptocurrency right the swift banking system u.s. can clobber a lot of people with that well crypto currency to get around that crypto actually gets around a lot of these these financial tools that have been used to cut off western banking to cut off access to international banks i think that's why the chinese and the russians are leading the world in terms of moving to a digital currency just like venezuela did just like iran is looking at once you get digital currencies into the mix you with eliminating many of those traditional tools that banks have used and the u.s. is used in order to control global finance and investigative journalist bence one thank you so much for covering the story you got it. and a new study by researchers at oxford university has found the number of people who get blood clots after receiving koeppen 1000 vaccines made by pfizer and mcdermott

is similar to those who've received the astra zeneca vaccine which was developed of course with the university at the same study however shows those who have been diagnosed with coping 19 there are a higher risk of blood clots than those who just received the vaccine so for more on this let's bring in our key correspondent side tavenner sars their brand new study by oxford university suggests that about 4 in every 1000000 people who get the american made vaccines so that would be the pfizer maturing on may experience blood clots in the blame in the brain but with the astra zeneca vaccine which works in a different way but is similar to the johnson and johnson shot that wisher research showed an incidence rate of about 5 in every 1000000 now additionally they've also concluded that the risk of experiencing a blood clot in the brain was about 95 times higher for people who contract holding one teen than in the general population so it appears at the moment we're told

information that we have right now from health officials that getting a vaccine would still offer you a lot more protection from blood clots or even desk than not being vaccinated but the vaccination is not foolproof you know the c.d.c. has already exact i don't fied approximately 5800 cases of coping i think infection amongst those that are fully vaccinated not not only that but i'll bet boron that's the c.e.o. of pfizer he announced that people are likely to need a booster dose of the vaccine about 6 to 12 months after the 1st round now it's still on known how often it would need that to happen but the blistered. did say was most likely would be an annual revaccinated brant. what's the latest with the situation with johnson and johnson here in the united states so after many thought it would have clarity to the world out of the johnson and johnson troubled one dose

called $1000.00 vaccine it seems nothing is really quite clear at the moment after u.s. health of michelle's met to review cases of the blood clots in the 6 people who received the j. and j. vaccine both the c.d.c. and the f.d.a. recommended that the u.s. continue to positive acts in but said very little about the investigation into whether that vaccine might actually be linked to the cases of the rare blood clots or one that i am back seen might be available again and here are the details of the cases of the 6 recipients that we know so far now all 6 are woman one is a 45 year old who died and the other one is a 38 year old who has not recovered an 18 year old who has not recovered 48 year old who has not recovered there is a 26 year old who has recovered and a 28 year old who status is yet unknown now there is possible 2 other cases and all we know so far is that both are also

a woman and one is 59 who has not recovered now there's also a case in a volunteer doing the trials in the vaccine and according to the c.d.c. they might actually be a lot more cases we don't know about yet there may be additional pieces. we want people who have received a vaccine and their health care providers to be aware of your guns and report them if you see an s.t.a. through the grammar system. by brain it's also very important to mention that the vaccine has been a very minor player in the u.s. vaccination drive not from the 76000000 americans who are now fully vaccinated less than 10 percent come from the johnson and johnson shod but outside of the us it does have a potential to cause a real catastrophe for example in south africa health officials have stopped even the danger 2 months after dropping another vaccine the astra zeneca which is raise

similar concerns with the blood clots in the european union said it would not make any more purchases of the j. and j. vaccine either or astra zeneca so in addition to creating a world wide vaccine shortage just could also prompted tamate amongst public health experts about whether protecting against such a rare disease is worth the cost bread party correspondent sites have to thank you so much for keeping us up to date. and as the johnson and johnson and astra zeneca vaccines face scrutiny across the globe due to these ongoing clotting issues let's take a look at the vaccine regulatory landscape with international regulatory attorney miles edwards miles always a pleasure to have you on the show now we heard so much about how the vaccines will let life return to some sort of normalcy but these issues are obviously raising huge concerns it's called out of the issues being at a fraction of a percent for those who actually get the drug while regulators being so cautious in

your opinion. that the knowledge that it's not everyone should resign over. some of the statistics for the u.s. military is the few of us in over 10 in the privacy concerns move not understand the minority are also rejecting that i mean a lot of america is through. the lotto so. to get over it and safety issues to make sure that everyone understands that the. small and could occur. and there are also no laws. to make sure that any false or any information the. others are losing the silos so right now have a situation where all of the current auditors who teach and. and this is what the writer is a lot that was. anything else is religion. and

any time a drug is developed drug makers have to disclose the side effects and if you read that fine print some to be pretty mad including death in the worst case scenario so how is the situation with vaccines especially the cold vaccine any different. well as a lot of people. who cannot prove. there are results called in to see you there is a nation with money. then. the rules the rules and. who are not going to allow those close to what the global disclosures. that have come off through the process also seriously enough the one who then has had. the power. that was in the lead

in to the research design but sure because this is the dollars in order to create and design markets and then into the disinclination the mood in holland and their poor who. then turn in those that were so sick. and now do you think i mean you're an attorney do you think there is possible legal recourse for those who have been affected by these squatting issues against the drug maker specifically johnson and johnson astra zeneca. and it looks like we had a little bit of technical issue there thank you very much to miles edwards international regulatory attorney but it's time now for a quick break and when we come back we're going to talk just data out of the united states about the economic recovery and markets at or near record highs we'll go over all of those details and as we go to break here the numbers had to close all

green there. but i can. see. you didn't show the 1st one to continue to go forward for the 100. that you'll see just sort of do the exact. same thing it was national. so that. the place. to look. at some looks which are going to focus. their capital supports these products

one of the biggest musical. because. she's shooting into my thirty's here. going to. close someone. because of the old style and you know it's that easy.

and welcome back more positive news for the economic recovery in the united states as retail sales surged more than expected for the month of march the commerce department reported thursday u.s. retail sales were up 9.8 percent for the month as more americans were vaccinated and received their stimulus checks looking at some of these numbers here clothing stores sun increase of more than 18 percent while spending it auto dealerships was up just over 15 percent for the month restaurants and bars saw 13.4 percent increase but still sit about 2 percent below where they were for the same month in 2020 again just at the onset of the pandemic and stores that specialize in building materials sales go up by more than 12 percent now in another bright sign for the

economy the department of labor reported jobless claims for the week ending april 9th fell to their lowest level since the onset of the pandemic jobless claims came in at 576004 the week down by nearly 200000 from the week prior so with all this in mind let's go ahead and look at the impact on markets thursday with boom bust co-host christine and just get the he is the founder and c.e.o. of strategy marketplace thank you both for being here joseph i want to start with you markets are hitting all time highs after this blog economic data and strong bank earnings is this momentum going to continue for the rest of the year or was this quarter just an anomaly. well i think kind of feels like it's an anomaly because we've never in our history had this worldwide shutdown that we're coming out of and you're talking about the entire global economy being completely

closed doest banks being shut down your corporate offices being shut down and then coming back out and we're not completely out of the woods yet so there are some people that are very optimistic about this to continue and i mean you had jamie diamond of j.p. morgan stating that he feels that this can go on for another 3 years you have the fed they're showing a good g.d.p. forecast and trying to keep interest rates low but at the same time i still feel like there's certainly some caution towards the tail end of the year because we already know inflation is starting to creep its ugly little head out there because gas prices are starting to go out i know we're seeing it at the grocery store so we just have to have a little bit of caution even though investors right now are in this crazy story as thinking that this could continue on and on but you have to have some caution because we have to balance that even though it might look good it's good for right now i mean continue for a while i don't know towards the tail end of the year so it's going to continue to go down this route and now kristie the big story on wall street obviously when

there was coined by a shares they whipsawed thursday morning after it went public in that blockbuster direct with think about it is now being hailed as a watershed moment for the crypto industry after years of skepticism from wall street what do you think of this title and what does it mean for the crypto industry moving forward. well it certainly is a big deal as it completely legitimizes crypto in the eyes of wall street i mean it's done a spectacular job of actually opening up condition the masses by making it easy for retailers to gain exposure to the asset so in terms of growing industry an aging mass adoption i think it's think great and it deserves the title not taking anything away from it but in terms of actually educating the masses on what it is and how it's use and the advantages of it's done absolutely ringback nothing to further the cost so what point race crack and gemini they've done is they've become that bad gatekeepers of the industry centralized exchanges acting as

a middleman which completely defeats the purpose of crypto so a big one was created as a peer to peer medium of exchange allows for smart contracts and conditional terms that must be satisfied the foreign exchange takes place and then all points i do not require a middleman to transact a middleman who takes a very have to chunk of fees and commission i might add so at the end of the day these centralized exchanges while they help to bring crypto to the masses they are in fact silicon valley's sellouts they jumped on board the crypto chain and became the big gatekeeper charging astronomical fees and failing to actually educate the customers that the purpose the real purpose of crypto is to bypass all these big middlemen institutions in the 1st place i mean the point of crap goes to bank you're sol so it kind of defeats the purpose now that all these customers are treating quine based like a bank for crypto i mean it just doesn't really make any sense so we've already seen a little snafu this morning when they said that it's temporarily disable withdrawals of the tokens due to an issue with the network upgrade that's super frustrating and

that shouldn't happen if customers actually own their own keys rather than trusting m m m. you know joseph i want to go back to do a little bit more of what's going on wall street bakeries as we mentioned earlier have been spectacular for the last quarter what contributed to the strength in banks and how did they perform relative to what was expected. well most expectations were that they were going to perform slightly better than they did in q 4 of last year obviously last year they had to pull a lot of their reserves back and haul off because they were hedging against the fact that they thought a lot of people were going to lose their homes or default on loans so you know things really went sideways last year when they pulled all those reserves off now this quarter we who knew that we were going to have you know a housing and mortgage boom that everybody was going to start moving to the burbs and created all these new low it's an applications and so what they've done in q

one which is really easy for them to paste their earnings is they released a lot of those reserves making money easily available to the average consumer and back to businesses on top of that like i was saying about the mortgages that's really one of the aspects of it but bank of america j.p. morgan you know they're all seen the fact that there's even more credit cards being applied for more credit than it's going out there so consumers are obviously going back to use the stimulus to pay off debt and they're buying stuff they're back in the retail sector and travel and in that industry is going to start booming as as we see things move in as well now kristie before we go we got a 45 2nd for this but because in a period there the 2 main coins right now which one has more upside from here. i think he's actually has a great outside here over the next 12 months because the price and where it can go and you can see it the shift in fund allocations previously funds held about 5 to 6 times more. or less since the start of the year that ratio has actually dropped to

about 4 x. on terms of what's driving e.c. had they continued demand for us teens and the 2 upcoming upgrades which are essential to merge $2.00 with the one point out at the end of the end making the entire infrastructure run faster and handle more transactions so i think that's a story that investors are starting to get a remarkable and boom bust co-host christine joseph giftes the founder and c.e.o. of strategy marketplace thank you both for your excellent analysis today. thank you thank you. and finally amazon founder jeff bezos as space company blue origin conducted another successful test of its sub orbital new shepard rocket on wednesday this was the 15th unmanned test of the rocket which will eventually carry humans to the edge of space and back to earth the new shepard rocket launched 65 miles above the surface before jettisoning its crew capsule which had a test dummy on board that the company actually calls mannequin skywalker minutes later the booster rocket fell to earth before reigniting its engines and landing

upright capsule also returned safely falling slowly with the help of 3 parachutes blue origin hasn't said whether it actually plans a manned mission other than saying the 1st crude flight would happen quote soon. and that's it for this time you can catch bill 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. or to be can also be downloaded on newer model samsung smart t.v.'s as well as broken devices or simply go to portable t.v. we'll see you next time.

same wrong. road so just don't hold. me. to shape out these days comes to accident and in detroit equals the trail. when so many find themselves worlds apart we choose to look for common ground. western governments and western media portray the tensions within ukraine as a conflict involving russia and ukraine this is false there is a road map to resolve ukraine's internal strife and it's called the minsk accords russia is not the problem but nato expansion is.

what's need to. know when you've been able to molest that solicit it. from the regular morgue you're more your partner are going to move into our. orbit us lucifer this photo is just that. it is not my achievement mr davies our 5 year of plans were conceived. and carried out by the people themselves if al would produce or even florek it with the idea of making a film like this probably be branded as crazy. now is the sentiment during the war the soviets were brave heroes resisting nazis that's going to change of course after the war once the cold war begins. little people think that hollywood is a free place but really what is strictly. the business and

the other side is. how would i define hollywood is they call it a dream manufacturer which i think's true but i think equally it's a problem in the fact. russia states the harming of the relations between the us moscow. washington this comes off america announced the expulsion of 10 russian diplomatic personnel while get more sanctions are slapped on moscow for what the administration brown's election that. the u.s. president says is symbolic deadline of supply.