for this, i'll be back in 30 minutes with another full look at your news. this is our international. glad to have with me. ah, the ah . ah. these are the 4 people who pull the trigger. survive something and survive.

football was the hardest thing that i had. the face was not having a face at a low patient like accepted accept the fact that i made that appointment. we had no fears. del change pretty fast for shots. different stories behind the bullets. the this is the bus going visit here. you can't afford to mess. i'm ready to a woman's in washington coming up may though it stretches, designate china as a semi challenge for the 1st time following a g 7 summit where she was the main target. so what does this mean for global

pensions moving forward? well, this guy was a group of more than 100 hospital employees, says the fight is far from over after their lawsuit, challenging mandatory cobit vaccines. our work was dismissed by a federal court that global shares around the world here record highs ahead of the federal reserves upcoming needed for the sag keep refund change and how will the market react if it does it? we have a lot to get to. so let's get started. as a g 7 summit comes through a close. the latest meaning of nato allies kicked off in brussels on monday. it was another 1st for president biden, who is gearing up for his 1st in person meeting with russian president since taking office. however, it was another country that wasn't even invited to the elite group of 7, which became the main topic of discussion. all roads led back to china as the u. s . and its western allies disgust everything from their version of

a belt and wrote initiative to human rights concerns and disputes over the south china sea. but while binding with praise for pledging his support to nato in a way that former president trump refused, he did get something in return. in fact, according to a reported statement from the alliance for the 1st time ever, nato will designate china as a systemic challenge, claiming beijing's assertive behavior goes against the rules based international order and threatens nato security. while some european leaders seem to work with china fight, it appears to be following and the trump administration's footstep. and when he was asked about why he has yet to list any of the sanctions trump put in place, this is what he had to say. the same time you kept in place some trump era steel and aluminum sanctions. and i wanted to ask you when you are having these conversations with european allies who are very concerned about these sanctions,

how do you justify that? and what are your plans? 20 days give me a break. the time. joining me now to discuss lester boom, laska host and investigative journalist, been swan. and hillary ford, which president of strong mark l. l. c. hillary. let's start with you. we've heard that china has been quick to condemn the latest language from g 7 members. arguing that the world won't be run by a small group of countries. so what does this mean for beijing moving forward? or pleasure to be back with you, rachel. and one of the things that china is actually set about the west to your point is they've called the g 7 summit west last. and that it used to when it was 1st found in the 1900 seventy's represented 80 percent of the world's g d p. well, now the g 7 only represents 40 percent of the world's g d p. so one thing that they had to do the g 7 had to do during the so that was to prove their relevance, hence, coming out and at least of stating it, trying to be

a systemic sort of challenge. 2 things. one of the chinese came out and said that the, the west has to stop scolding and they must stop floundering china. well, really, it's only been words because you think about the links that certainly germany has uncle michael said that we had to have a balanced approach. germany has $257000000000.00 in tons of trade with china. and actually the u. s. has 559000000000 in terms of trade, china and 1 point one trillion in treasury. how by the treasury notes held by the chinese. so i think that's why you saw a lot of woods come out. they did say with this that systemic threat, but there wasn't much done so sticks and stones may break my bones, but words will never harm me. the chinese took on bridge, but that's all it was was. yeah, that's a great point there. i mean, they seem to be saying one thing and doing another ban, where does this leave china? i mean, does it isolate them and really, how much authority does the g 7 have?

well, now i mean to, to hillary points. i mean know number one does not isolate china, it's just words. it's words of an addict who's complaining about their dealer, right? because we still need your cheap stuff. china, we still need you to make chief support and send it to us, and we still need you to buy our debt. so we'll say all these tough things to you, but we're not gonna actually do anything about it because we can't do anything about it. we're entirely dependent on the chinese economy, so that's 1st, 2nd of all, look the g 7 in terms of authority. they don't have authority for anything. if the g 7 was a real kind of reality based authoritative either economic force in the world, canada would not be part of the g 7, right? instead you have countries like india. you have russia, you have china, you have south africa, you have brazil, all those bricks and nations that are fast becoming the largest most powerful economies in the world would be part of this summit, as opposed to countries like italy and canada that are much smaller in terms of

their g, d, p, they're not near as influential. in fact, the only reason canada is there is basically they kind of cheerly for the us, i think and say yes, whatever you say. and last week, before you got to hillary, let me just say that sound bite. you play the jo biden's voice. oh that was fine. yeah. he had a frog in his throat. i'm not sure what it was, but if he, if he ever sounded weak and feeble, that's the sound like the play, my gosh. yeah, and that's just the beginning. we know that he's going to be doing press conferences all week. so no one went to bed early because he left all the other leaders when they were drinking. you have a night. he went to bed early. yeah. and he wasn't, didn't even seem to be prep for that reporters question. i mean, they were asking a very upfront question about how his policy has differed and yet his response was just, i mean time. so we'll see where that time goes from there. now, hillary, speaking of the g 7, the members also, and now it's an infrastructure plan as part of this broad collective pushback against china on issues ranging from human rights concerns to non market practices

that undermine fair competition. so if a good plan is anything going to come out of this? well, it depends on which side you're talking about, who thinks it's good on auto parts. johnson counted it as the green belton road plan. obviously, it addresses lots of things to do with climate change. and of course, as we go to climate change, don't forget this summit, you know, by one over with 2 boeing jets. why? because one of them carried on his s t v. 's and his actually the be so big, cadillac base, couldn't even make it down the lanes of cornwall. so well, the hypocrite for gathering talking about the climate change. one of the things they didn't mention was the fact that china is building 184 coal mines as we speak, and that wasn't even mentioned. so this plan was supposed to this green beltran road is supposed to counter that plan. i tell you what it didn't address and something nobody is addressing. and that is china has 34000000 men extra because of that i have one child policy from 1979 to 2005. they got 34000000 men.

they have to basically do something with these men and never going to marry that never going to have a wife on that. she. there was 37000000 in india. so between india and china, you got 70000000 men. what are they going to do with them? i think that's one of the great threats to the global peace and stability because these men have to go somewhere and we know what nations do and they want to get rid of men. all righty. well, that'll certainly be interesting to see where that goes. now been, before we go, i want to bring up another meeting that's going to be happening this week, which is between president biden and russian president, who now i then has announced that he's not going to hold a joint press conference after the meeting. we just saw a clip from his last press conference. so why is that? yeah. well, i think that's exactly why, righty all the, all the report saying why won't buy it and do it. just play that clip over and over and you'll see why buy does not want to have a joint program. press conference with food and who, by the way, he has referred to echoing back the words of george stephanopoulos, referring to him as a killer saying it's a killer. look, i think that there will be a meeting between the 2 of them. they don't want to have this news conference

because honestly, i think it's a bad. the optics are bad, it will look bad for biting. he'll look week beside and prudent will, i think, take shots at him, which of course biting people don't want. but i do think, you know, there is an important issue here and that is the nato issue. how russia has been the center of a lot of these attacks by nato, for so long they still are. but the fact that nato is now turning it sites toward china. remember, nato is a very antiquated organization. it has had no real use since the end of the cold war. it has sought out enemies of some kind to create enemies. russia has been that in the me now for about 20 years. it's intensified certainly in the last decade and the last few years. and now i think they're turning their sides towards china as well. i think that what we're going to see is kind of a tough stance, but i think we see nato really like taking cash. and now on this idea of creating new boogeyman enemies that keep it funded and keep it in their mind relevant. as i seem to keep going on in the same circle,

will certainly be interesting to see what comes out of not only these meetings, but also these are coming press conferences, fence on hillary ford ridge. thank you both for your time and insight on this one. pleasure, rachel, a group of more than 100 hospital employees from houston, texas is now saying their fight is far from over. after a federal judge dismissed their lawsuit, arguing that they should not be forced to take a coven vaccine in order to keep their jobs. the hospital they worked for has suspended nearly 180 employees for refusing to take the shot. so far as the battle over whether emergency vaccines can be mandated takes on new front. our chief baron, bronze back has the story. last week, dozens gathered to support more than 100 nurses at houston methodist hospital for refusing to take a mandatory cobit 19 vaccine. the porter is holding signs reading. i call the shot, not you support their right to you. and they,

they do not want to give this back to you, or they say, want to wait. but a judge in the us district court for the southern district of texas did call the shot judge lynn hughes said the lead plaintiffs. jennifer bridges, along with 116 other houston methodist hospital employees had no case. we got this now in the summertime, it changed. everybody's just going to bridges to the hospital back in may says she does not want to take the vaccine because it does not have full approval from the us food and drug administration. adding the vaccines are under emergency use authorization from the f d a. create a domino effect. everybody in the nation is going to be forced to get things into their body to they don't whine and that's not right. moves from other countries. they come here to sort of thing bridges and her lawsuit claims the injection requirement violates the nuremberg code and compares the threat of being fired by the hospital in this case, to forced medical experimentation during the holocaust. the judge in her statement

wrote, the nuremberg code does not apply because method is a private employer. not a government equating the injection requirement to medical experimentation in concentration camps is reprehensible nazi doctors conducted medical experiments and victims that caused pain, mutilation, permanent disability. and in many cases, death, the judge also wrote in response to bridges saying she's being forced to getting the vaccine or get fired. is not coersion. methodist is trying to do their business of saving lives without giving them the cobra. 1900 virus. it is a choice made to keep staff patients and their families safer. bridges can freely choose to accept or refuse a covert 19 vaccine. however, if she refuses, she will simply need to work somewhere else. the ceo of houston methodist hospital says they're happy to put this all behind them and continue to save lives. despite suspending 178 employees who refused to get the vaccine. the attorney for the more

than $100.00 nurses responded to the judge's decision. quote, this is just one battle and a larger war to protect the rights of employees to be free from being forced to participate and a vaccine trial as a condition for employment. we will appeal to the u. s. supreme court if necessary . so i hope they get my support to get their job as far as what bridges and the other nurses could get. the judge wrote and her conclusion bridges, and the balance of plaintiff will take nothing from houston methodist hospital. everybody for r t. i'm fair in front back time now for a quick break, but when we come back, bitcoin balances back above 40000. but how did the latest comments from tough was c, e o you on that have an impact on the world's most popular crypto currency. we'll discuss next. and as we go to break sure, the numbers out the clothes shoes

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ah, phoenix has actually got an uncovered face, men's clothing and shoulder stuck. it's a kind of a gun, feminism. its name is how camino above put a human level, some of the whole model that of us, it was the level of our profile on our job. but you know, the ones that she lives in, one of the most dangerous and patriarchal provinces of afghanistan cost lacy, which time i'm not sure what i shall do, the average for that updated on budget that i got to know that she does her best to fight for women's rights, i am awesome. how does that look good?

when you get that done, as you do know that she's here by her nickname, the king. the other that was going to go over. that was really a good one day. i use the global shares near record high on monday with us one yields near 3 month lows as the world waits for the results of this week. federal reserve meeting. the expectation is that the fed will keep the ultra low interest rates that were put in place in response to the pandemic. but with consumer prices rising more than expected, it raises questions about how the fed will respond, and whether inflation will truly, as transitory as they say it,

it. so joining me now to go further in depth on this topic or boom, co host christy i and michelle snyder, partner and director of training research and education for the market gauge group . michelle, let's start with you. so what are margaret's expecting to hear from chairman jerome powell at this week's meeting? i mean, is there any chance that they could be forced to walk back those claims of inflation being merrily transitory? well at this point, what their basically been saying is they expected the economy to run hot with the reopening, the expected elevated prices through the summer. and that's where the transitory is coming from. when we just saw the recent numbers on core inflation, basically the 49 percent of it was used, car rental cars, some housing and also airline travel and hotels. but then when you look at the full cpi that includes energy and food,

and that's really what has been the biggest concerns going forward. so i don't believe that the fed still thinks that this is anything more than transitory. and of course, that remains to be seen. what's going to happen here? i, of course myself, believe that it's more than transitory particularly when you're talking about the food commodities that have been skyrocketing for reasons other than stimulus and other than government spending. and all of the buzzwords that you hear faltering the rise of inflation. but the fed is in a real pickle and that's not going to go away. if they put the brakes on now, then you're going to have a market that will decline very, very hard. it will hurt the consumers on both ends because interest rates will go up and inflation will happen anyway, unless they go crazy and that's not really likely to happen. the other thing to watch for is that the global economies, they haven't really started to come back yet, you're still dealing with variance there. so we're really even talking about inflation. united states, once that demand opens up more globally. the short supply that we've had partly

because of supply chain, partly because of low labor, hardly because of stimulus, and partly because of government spending, things could really explode. at that point. maybe the fed will have to do something a truly have a lot of moving parts there with other countries looking to the u. s. and then the us having to look at the global supply chain and just how everything moves together . now chris, you while we're here, i want to talk about bit coin. i know it's been a good day for the most popular crypto currency, and we're also seeing that bitcoin now has a new champion, hedge fund, the legend, paul tutor jones. so how is he viewing crypto? well, tara has long been an advocate for bitcoin and its anti inflationary property. so now he is planning to go all and on the inflation rate. if the fed keeps on ignoring hire consumer prices are on the other hand, if the fed does come out on wednesday with a different tone and is more hawkish than the markets would be unsettled, and you will get this paper tantrum. so powell has currently maintained

a highly accommodated monetary policy approach and has reiterated that the rising prices are temporary, the economy reopened, but tutor doesn't believe this. and instead now it's trying to big when calling a portfolio diversify and the story of, well, he calls the fed disingenuous for wearing to inflation as transitory which undermines market based in central banks. on the other hand, bitcoin is matt, which is more reliable, consistent, and honest. where's his policy makers, which create rules and policies consistent with create and human nature. so bitcoin today is definitely getting a boost up to around $40000.00 from the inflation trade as it's increasingly being regarded as an inflation hedge. very similar to gold. so more and more hedge fund managers are coming out and supportive it, including building drunken miller and re dahlia to so i think this rally should be attributed to these guys who are actually coming out and buy an accumulated bitcoin rather than someone like musk very recently. who just created twitter drama, and so the point as the market experiment. yeah. and we certainly keep hearing

those comparisons to gold, especially whenever it comes to concerns with the us stock market. now michelle world, stocks are near record highs as hopes of locked down are listed. i mean, our expectations for reopening trade already all baked into the market. and where do we go from here? i mean, surely, stocks can't possibly keep on going up and up forever. right. well, valuations are definitely high, there's no doubt about that. and if you're looking right now, they've been rotation back into growth stocks and that's because of the fact the yields have actually come down today. they went up a little, but for the most part they've come down. so in terms of whether or not the reopening trade is baked in, i'd say yes and no, i think we'll have different stages. some of it will already seeing how much further though, can energy prices go it would that again is going to be a lot to do with what happens globally once those countries start reopening. also

how big the vaccine roll that will be. so we'll see, pollock, it said, may have gotten over valued like for example, the housing industry may be over value, but others that really still have a long way to go. and essentially, here's what i like to tell people if you want to know what the fed is doing, you just have to watch junk bonds either it's h y g or j n k. because that's been the folly of the fed, whether doing the bond buying program. if you want to know what the market is saying about the economy, you don't look at the growth stocks. you look at the rustle to 1000 because that's manufacturing. you look at retail because obviously we're a consumer economy and you'll look at transportation because that tells you how goods and services are moving. and right now they didn't go up in tandem. they have to keep up. so those are your warning signs to watch for. that's an excellent point and good warning signs to look out for now, christie, before we go, i know you mentioned you on mosque. we're seeing that he is trying to backtrack once again,

saying that tesla would resume allowing transactions when bitcoin can confirm that 50 percent of its energy for mining is derived from clean energy sources. or do you make of that? i mean is back to trolling once again. exactly. i think given this latest tweet, it's simply a very status keys to kind of walk the statement back, given that no one knows exactly how to measure 50 percent clean energy usage. let alone precisely where miners are geographically located. so right now studies indicate that the goal could already be met as researchers have been looking into the number of minors which leverage renewables for some time. now. as of june, 2019 reports show that 74 percent of the big coin mining industry is heavily driven by renewable. another independent report published in may detail that bit point network energy consumption are misguided and that big point carbon footprint is a silly argument compared to that of consumerism and been streaming netflix. so on top of that, it's absolutely impossible to try and pinpoint the location of minors. i mean that

the entire point of it, the centralized verification system. so if one cannot truly estimate where all the bit queen minors are located, then how do we know if the 50 percent of the energy is even clean? so if we trust the report, the studies that we have today, then the 50 percent mark might have already been met. so this is the latest attention seeking tweet by month, which really isn't worth the dime to divert attention away from the fact that the big why mining counsel has now gone live as of this weekend. with michael taylor. micro strive is a founding member, while muskets booted off another day. another comment on christie, i michelle snyder. thank you both so much for your time and insight. in the western united states, the area is seeing its 2nd year in a row with severe drought. these overly barren conditions have taken their toll from their rocky mountains to the pacific coast. r g is natasha, suite has more on the impact. the severe weather is happening on people crops and even the power supply after tracking one of the earth hottest years on record,

the u. s. is western states are seen a direct impact according to a recent report from western monitor more than 88 percent of the west is experiencing severe drought from california washington to idaho in montana some 58000000 people live were some of the dr. conditions are happening, the majority of california is in some type of drought. state has some 500 reservoirs. officials say they were 50 percent lower than they should be at the beginning of june. however, parts land doesn't just mean dried up water resources. it also means increasing the chances of an out of control fire caesar. the golden state has already seen more than $900.00 additional wildfires and this time last year which was record breaking . that's an increase of at least 26 percent. the danger prompted governor given you some to propose spending to 1000000000 on walter mitigation, double what he proposed in january. that $2000000000.00 will allow us to build on the $536000000.00 of early action with an additional $708000000.00 for our fuel

management efforts in the state. officials with the national drought mitigation center, say california mountains or expectancy above normal balls are potential through the summer and possibly into the fall. the drought also in past the power grid system, the lack of snow and rain means less water behind hydro electric dams. this leads to less fuel for producing hydro power at a time when more energy is being demanded by way of air conditioning. this can lead to the hydro power being replaced with other fossil fuels, increasing emissions. less water also takes a toll on farmers being able to properly irrigate crops. ranchers also being forced to sell their cattle as a drought worsens in south dakota and $4200.00 cattle were sold for auction, but it's not just produce and livestock being effected. it's also hurting should examine during the 2015 drought water levels became so low that water was released from lake shasta. but this increased water temperatures and almost killed off all

juvenile shook. cold water is also critical for the famine eggs survival. so now from april to june and california central valley, some $16000000.00 sam and will be transported in temperature, regulated trucks, them and generate some 900000000 dollars each year in california alone. and according to know what drought conditions are only expected to get worse this year, official say the west him prepare for above normal temperatures from june through august reporting for boom bus and how she sweeps our team will see her next time. and as always, don't forget to question more, me ah, [000:00:00;00] ah,

ah ah, one of the worst have a mass shootings in america was in las vegas in 2017. the tragedy a close a little of the real last vegas. where many say elected officials are controlled by casino owners. the dangerous shooting revealed what? the l v m p d really is. and now it's part of the spin machine. most of the american public barely remembers that it happened just shows you the power of money and las vegas. the powerful showed that true colors when the pandemic had the most contagious contagion that we've seen in decades. and then you have a mayor who doesn't care. so here's caroline goodman, offering the lives of the biggest residents to be the control group. to the shiny

facades conceal of deep indifference to the people by going to say that they would take an action. absolutely keep the registering slot machines doing in vegas is a money machine is a huge cash register that is ran by people who don't care about people's lives being lost. the no stability or predictability from america. vladimir putin regretted the state of relationship with the u. s. in an interview with nbc ahead of his 1st summit with president biden, that is how stability is achieved. it cannot be achieved by imposing one particular point to view the correct point of view by an intern calls of put in a worthy adversary, yet avoid giving a direct answer as to whether he's still thing present as a killer joe biden promises half a 1000000000 doses of till the jobs poor,