r.t. america is in the spotlight now frankly i have no idea and. actually took me way more time than i care to live in. live from the world headquarters of the r t america our nation's capital this is the news with rick sanchez everybody i'm rick sanchez here to welcome our viewers from all over the world including those of you who are watching us using your phones on the portable t.v. app all right so we're going to get in with 2 important questions did colonial paid a ransom to the hackers who were holding their company hostage and here's number 2 just how often does this happen. first the news after a day 6 of this shutdown gas is flowing through the pipeline once again however widespread outages persist all the way from. maryland and virginia to the

tip of florida and we're now being told it's going to take at least a couple of days to refill the nation's gasoline supplies because of the panic buying which coupled with the truck driver shortage has made matters much worse as of this warning vast 71 percent of all the gas stations in north carolina 55 percent of all of the gas stations in virginia 49 percent of all of those in georgia are without gas. now back to the question of what happened last night the 1st sign we got that something was up came from the president of the united states himself. we have very very close contact with colonial pipeline which is to one theory you're talking about one of the reasons against the pressures of going. i think. 24 hours and i think we'll be getting that under

control he set it right i think you're going to be hearing something good in just a little bit here and we're going to have it all under control well not long after that colonial announced that the pipeline was opened but nothing else they didn't mention of whether they had paid the ransom or not paid the ransom you know in america partly because of hollywood and partly because of our inflated sense of exceptionalism we tend to always think this is what happens when somebody takes us hostage or anyone ever asks us for a ransom but here. you. are the. bad guys always lose right right it appears in this case that's not the case true lacking any other explanation at this point and according to a published report by bloomberg there's every reason to believe that colonial did

pay the ransom how much. they do it did they do it under the auspices of the u.s. government maybe even with a wink at a nod from the president of the united states himself. this is what we're going to be drilling down on right here on the news breaks and shows where we believe. it's time to do news again. these are some of the questions and some of the concerns we think will come to mind as you watch this newscast did colonial pay a ransom and did the by the administration approve of it inflation through the roof . will it stay that way and how seriously should we take the u.s. government's claims about human rights abuses in china now the question you and i have about this bizarre scenario which has shown us that nothing else

just how vulnerable we are to cyber attack. and seemingly erd of the us was all but shut down its gas and its energy supplies anyway by iraq joining us now to talk about this is our us correspondent. i guess we start with the question of did colonial pay a ransom they did so there is no statement from them but as you mentioned bloomberg is saying that they paid $5000000.00 however we also do know as many companies would know who have also been victims of this when you have a big oil company rick 5000000000 is kind of small to ask for when it's a major big oil company but we do know for certain that they do have roughly $15000000.00 in cybersecurity insurance alone so you know that's interesting and as we go through this it appears that. and i guess i don't even know how to ask this

question but it looks to me like the biden administration because of what i saw the president say last night we either knew or was in touch with the company or even kind of okayed the paying of this ransom right and you know one of the things that biden said in a press conference less than an hour ago he kept reiterating that he and the government could not dictate what this private company could do unlike his republican counterpart saying do something but candace over an hour ago the president had this to say when you watch it i want you to just see what he says how he says it and what he does after wreck take a look. thank you all so very very. far i'm going right. back to. take you. now pretty interesting. he's saying nobody seems to mean yes it's like he's saying

the quiet part a lot a little bit there. was involvement in this so with that biden did address that again in this press conference take a look i'll just let him say what he said i'm not one not believe the russian government was involved in this attack but we do have strong reason to believe that the criminals who did the attack are living in russia that's where it came from were from russia. we have been in direct communication with moscow about the imperative for responsible countries it's a decisive action against these ransomware networks it's interesting so he said this is the 3rd time he has said russia was not involved in the attack right although people who were involved in the attack may live in russia and he went on to say this i mean this is new that moscow and washington are cooperating in the investigation right which you know after last week and the weeks prior is

a good thing i guess of course you know that and us embassy will probably report it differently but that's exactly. the part of the story that really fascinates me if these guys are paid how often does this happen so it happens quite often record you're seeing as we saw with colonial pipeline how they had an insurance policy for cyber security alone and a lot of other companies are starting to this including like you know it's a pallet is in cities across the country a report actually last month showed that $350000000.00 was paid out in crypto currency for these ransomware companies and but you have an executive order coming in one of the things that's interesting about this rick is it says this executive order opens communication. between service providers and the government which was not seen before most of the time these companies didn't want to disclose this to the to the our government so while it does it does happen a lot we've seen it for example and i can ukraine where they had a power outage in iran somewhere we don't know the full scope of how many die hard

isn't true for sure it is a christmas movie tale. joining us now are 2 experts on this subject we have. he's a professor of computer and data science at the university of new haven we also have our friend todd shipley the ivor security risk catalyst and the president of the dark intel are guys look this is right up your alley it looks to me to anybody who has my mother would say can see 2 fingers in front of their face like claudio played this ransom do you agree. definitely here there's no doubt i think that the issue becomes that if they hadn't paid it they wouldn't be able to respond as effectively and as fast as they did so they paid all right but let me go to you on this i would love to know 'd whether you think that it was done as a joint communiqué or operation with the government of the united states in other

words they were working together to say ok let's go ahead we're going to have to pay this thing. on us as was mentioned earlier and all government does not have the tools or the power to dictate how the company should react in the circumstances of course i'd lines are recommendations coming from. f.b.i. and d.h. as in new scenarios it is best not to pay the ransom to avoid. these sorts of operations. just at their own level although there were coming. played a clip from that movie because i think in our consciousness as americans we really believe that there's no way anybody would ever pay one of these things and that the great great majority of the times the cia busts in captain america and they catch

the bad guys and that story that's probably not the way it really happens. no not at all and in fact you know when we know that there was at least $2400.00 companies and small minutes palette ease that were attacked last year with ransomware that it's occurring and in fact there's a whole new cottage industry that's come up about how to negotiate with these hackers and there's companies that have figured out how to reduce the risk and reduce the amount they have to pay and are advising these companies on how to better negotiate with these. terrorists and what they are and get the amount of the got to pay a lower byte how do i get into it in the 1st place at how did they get into the colonial computer framework so that they could actually take it over how do they do that i mean not specifically but can you give us a sense. sure as well as you mentioned we don't have a specific specific details on your case what's we do know is how it happened

in general there are different approaches the easiest is. through social engineering and. manipulating the end user to on the ransomware bring them around somewhere inside the network and on that unknowingly and there are more such as you can do the approaches. side. enterprise network servers computers and exploiting it to getting access and running. a piece of malware and dispatching they're chasing him around somewhere it is taught as it is bill. just said in an email to one of the executives in the company and having him. well meant i guess except once again his computer it goes into the entire system. well i mean it can't be that simple it often isn't but i mean if we look like last year remember when tesla was attacked

they had tried to get one of the employees to insert some malware into the system they're going to pay that person a $1000000.00 to do it and the f.b.i. got wind of it and were able to stop that attack so there's a variety of ways like the professor says that it can be done but it's not always so simple and in this case remember there are now blackmailing these people the difference with this group is there are at attacking what the ransomware locking it up but they're stealing their data beforehand and then blackmailing them about the release of the data so this is a very different tactic than we've seen in the immediate past bloomberg by it is reporting that the company paid i believe $5000000.00 i have a tendency to believe it's a lot higher than that what's your take. well we don't we don't know. who we don't know who. is what's been reported and its name and doesn't need and apparently was around for

a $1000000.00 and. earlier mentioned. in the real world economics that always wins so you're hired and a $1000000.00 or $10000000.00 might not be able. or email you less and as my notes and you go by the ransom or operations. there is of course money laundering getting the money out of the exchanges of arms exchanges and such the x. factor and what the correct price should be shot last question on the 30 seconds is this the way of the future we're going to see a lot more. this what do you think are going to be able get this under control. what we're seeing a lot more of now if you look at the dark side is web site they've already attacked 3 other companies and posted on their website so they're going to continue and this is going to be an ongoing problem that we've got to fight while. well if they want

to hell of a wake up call i mean this one has been out there for all the world to see and they're taking notes i hope it's not the wrong guys taking the notes though my thanks to both of you we certainly appreciate it by you know the good stuff there's a breaking news story that we're following for you right now this information just coming in to us i think we can show some video of what's going on right now in gaza although you're not going to really see anything because the story is not about the frak or any of the other attacks that we've seen in the past what we're told is that the israeli military is now going to send in or has sent didn't ground troops they've begun attacking the gaza strip residents are reporting some bombardments already fears of a further incursion benjamin netanyahu israeli prime minister just tweeted moments ago the last word was not said at this operation will continue as long as necessary so there you have it as we go to break we're learning now breaking news israel is sending ground troops into gaza the situation is escalating we're on

it we'll be right back. how to read out of read i turn on the t.v. on the about the world of what's happened in the around me i see shows on the screen space and last every day because the fake news narrative steady state seems to maybe goons who are building up quizzes with calm after the bomb brick by brick cool is that they could fly out flame me off then in the store but i found the death work that old question. wall street is busy trading your money days a week and there are 4 corners of the. 3 major stock market. and when you

have 2 options drive or fail it all becomes clear there's just one business show you can't afford to man. the one and only. find it now on portable t.v. . and an ocean of stories even the news worth knowing can overwhelm you. you could even use your way i know you want it all so let me bring you the best. it's easy just. play. first so much going on in the hall don't you think the last time you add a real bird's eye view of. the news feed more than just hours of bickering give me 30 minutes i'll take you across the globe.

i'm a journalist it's all i know being a truth teller people say i'm a come on come from good uses like a jackhammer to drill down to find the truth news with rick sanchez because it's time to do news again and question more. i told you just a little while ago what's going on gas. because of everything going on with colonia we've been telling you about that but that's not the story the story is holmes the price of homes are up almost $70000.00 from where they were last year 'd. cars through the roof even used cars are through the roof lumber anything that you use to build new construction or remodel your home through the roof model is cheaper than lumber these days i mean we've been talking about the possibility of inflation coming as a result of all 'd the fiscal policies and that that went through both the trumpet

ministration and now biden ministration but folks if you were wondering whether it would arrive it is here it in fact look look at this i want to show you something it's catching up now right this is what wall street journal and. rattles markets these are the headlines everywhere. now for enough and i don't want to break my arm patting ourselves on the back but we've been telling you this for about 2 years now bunch of boards been telling you as well he's been following the trend it's here what is it describe it for us i mean look inflation as we talk about just to give a simple point of economic you know update here i mean inflation is as demand goes up prices are going to follow stagflation as you mentioned before that's when unfortunately the economy's on a kind of a downturn but we're still seeing those prices go up but the things you have to look at is it's as bad as it was inflation this number so for april of 2021 against april of 2020 that number is the highest since it was in september of 2000

. as an 8 i don't know if you remember there was kind of a big deal happening around september of 2008 the great recession as it were i don't want to raise to be alarmist but the fact is it's the worst we've seen in more than a decade at this point so the irony is the market is flush with money because the government is borrowing helicopter money everybody has more money people are than spending the money they're buying a lot of products so they're creating the demand which makes the cost of the prices or the cost of those goods go up and absolutely demand higher price i could happen in perfect explanation i can just walk off the set you just set it up right perfectly there but rick to your point i mean look you mention home prices construction good you just mentioned the fact price that the price of metal is actually cheaper than lumber well unfortunately there are some new production numbers coming out today of the inflation of how much it cost to actually produce it not what the consumer pays but what. hardware might pay for that and even

steel prices they're going through the roof just to produce it so i mean look everything is more expensive and look at it seems crazy but if you look at the way the economy worked over the pandemic over the last 16 months or so let's continue the i'm i'm i'm going to stop you because i want to continue this little little that are you know that you and i are drawn up so the prices are going up because there's a lot of money in the market you're able to buy a bunch of stuff so now the only thing we can possibly do and this is the fed's decision right the federal reserve has to then come in and say well everybody's also borrowing money really cheap because it's 0 right right so why don't we do this why don't we increase interest rates so people won't be able to borrow money cheap and that might at least push down the. demand that's out there and that could fix it and that they could make it basically so there wasn't as much capital out there to spend on items spend on things because you got to look i want is that

going to happen well that's it. that's a question now the federal reserve chair jerome powell has said he has no plans to actually raise interest rates right now until at least the end of this year unless inflation stays over 2 percent which this month it was at about 4.2 percent i think that's an important caviar you know and could have you have it any way right now initially he said until it's over 2 percent then he said well a median average of 2 percent so that's going to be over the months ago when he read the wall street journal he does but they've continually said that it's a transit which means over and march and april it's going to be a short term inflation increases and things will level out in the coming months so really this is kind of crazy because you look at how important this number was really that number in may is going to be very important when we see consumer prices go up or down or where they may go and coming up in june as well can i make a prediction yes absolutely than 2 months will see there are a tapering or an adjustment to the interest well and here's something to just be

aware and you'll come back and we'll play bad is absolutely we will and i want to point out i just say that's what he says i don't know i know there hasn't rain and i'm not holding but i will say this rate is they've also mentioned they will maybe back off some of their easy monetary policy which is also been that bond buying that they've been doing much of so they may actually go that route 1st so if inflation continues to tick up in these next couple of months you may see them pull back that $120000000000.00 a month in bond buying they may pull back gradually 1st before we start seeing interest rates come off a near 0 good stuff always fun conversation though as appreciate all of the risk that. he really does by the way but recently at a summit in alaska the new u.s. secretary of state literally got in china's space literally publicly and accused it of the stabilizing the world order uncharacteristically the chinese fired back with accusations against the united states of human rights abuses they say it clips there's they mention the history of oppression of african-americans they mentioned

the black lives matter movement the protests the. capital riots the. u.s. led wars they said all of that i mean these guys look at each other i know model and literally accusing each other of these things since then the language is hardly simmered and now the u.s. is pushing even more on the issues of human rights against china when it comes to the minority. population are we correct to engage in that type of accusation or accusation. the host of a doctor. with a unique take on this topic he's been watching it and 'd he's got some say about it yeah you know you keep it in these reports one of the key reports is that there is forced labor against the weaker population in china although there must be it's been the new york times financial times it's throughout the mainstream media for its labor and so finally i decided i'm going to look into this meaning the gray zone looked into it so i got out and did

a deep dive really getting into where these reports are coming from are they legit what are their sources what are the main reports they're all source of all these media reports by the worker rights consortium now they're a big report on forced labor extensive report their sources are radio free asia which is a cia built propaganda you've got the u.s. government might be unbiased source there right you've got the australian it's australian strategic policy institute which is a right wing think tank in australia that pumps out all kinds of garbage against china and is funded by the military u.s. military and defense contractors and then you have adrian zen's who is this well known anti try and china kind of warrior who is a german evangelical christian who believes all the jews my people are going to be quote burned in a fiery furnace he wrote that actually and apparently our mainstream media trusts him to tell that and he's known for

a kind of manipulating data and then finally the. one that seems more legit legit as a source is a human rights watch but human rights watch was created mostly by the us in order to throw accusations of human rights violations against all of our adversaries they didn't claim anything was wrong with the invasion of iraq didn't claim our bombing of libya was wrong don't claim the destruction us back to yemen is wrong so they only call out our adversaries and so even though they are a garbage source and so you're like really you can't manage to get any sources that aren't u.s. and cia baghdad and they sound very objective to me yeah and that is the kind of the final blow the final thing that just breaks it all apart is if you look at the steering committee of the worker rights consortium it is all funded by one of the one source that unites all their funding is the any national endowment for democracy which is a cia cut out the cia created to basically launder their activities you know laundering money you cover up the source cover up the source of their activities

it's not us it's the end he did it right there is they're legit they're fine and so it's a cia cut out and so that is where all of these sourcing is you'll see it again and again and again australian strategic policy institute it's all the same there should be out there that support crazy positions not so crazy positions crazy left grazie right whatever they want to support is cool it's when the media takes it as gospel. that's the problem and it just goes sprinting away with it you know and you're like if this is why did spread forced labor then there should be tons of other evidence that is not coming from adrian and there's only one policy and still to wait c.n.n. went there and did some independent reporting did they not. want to see that i haven't. because the report i came away during where's the beef right that seems to be the problem and i think you you're really hitting on something

here it's almost like the pedants on someone. to write the stories for them so that's not really journalism yeah no it's not and then there's also the side note that all of our stuff is made by forced labor right we have children minding the metals in our phones for in africa you know we did the suicide nets around the factories that we saw in china were not that we could region and they were our i phones being made they were they were apple and stuff so it's like and by the way i think just to be clear for the you're not here to defend china as being the object of perfection when it comes to the way they treat their people now and look if i were to see a report forced labor i'm fine with talking about that i have no i'm not going to defend a legit report but this isn't legit these are crap sources yeah sure basically creating a story narrative really but they've been pushing for the last 10 years whereas the media used to question that today we don't there is no adversarial near it media

just a nod refers to the state the producer is saying we have to right now ok thank you always a pleasure lou that's our news section much for being with us great conversation we'll see you again soon when it's time as we like to say are here to do this again . everyone i'm joined by my friend mr ellis can. you call me and you tell me i've got cards and we're getting older and i know the man in russia wants to know i don't want to do stuff with expensive cars right so i gave coffee over. there with. little money to remember. 21 car she is america's number one auto protection company there administrators

have paid out. over a $1000000000.00 in claims and cover most vehicles from 500-215-0000 miles you'll receive 247 roadside assistance courtesy towing rental reimbursement had no way dish will charge you car show because the day before it's too late remember hospital cause go call them protect yourself now against expensive auto repair bills call 805893761. there's so much going on in the world don't you think when's the last time you had a real burn time you. should've been used before and just power isn't it great give me 30 minutes i'll take you off that alone.

this is boom bust no one business show you can't afford to miss some branch of war in washington coming up hundreds of billions of dollars were wiped out of the cryptocurrency market after a major announcement from tesla c.e.o. elon musk will break down what happened close to colonial pipeline restarted operations after last week's ransomware attack and now the white house has his issued an executive order to prevent future cybersecurity mishaps and later equities are up after 3 days of losses as the u.s. releases more debt on inflation will dig into those details but a packed show today so let's dive right in.