threatening the international court was the united states of america. they said that we will sanction all members of the international court. we will arrest any members of the icpc who come to the usa or elsewhere the want to investigate. i think the united states of america needs to step back if it wants to help any of any assistance to the people who understand it's got in the position to negotiate those conditions. it has, it has been an aggressive taliban already made gestures towards russia to its china, to it's the wrong to it's pakistan with indonesia would be like states and britain in particular. i think that feeling very upset because this is a defeat. it's a military defeat. however, you want to look at it and imperial hubris, as it were, will not allow them to say that we need to move forward and continue within negotiations that we began in doha, that they cannot be any more saber rattling. it's no good for the african people. it's no good. i've got in touch with the britain or america. you've really got to

find a way forward. look, i'm all set 10 stories from people whose lives forever changed by americans. longest war and special series, unheard voices on and online. also from a perspective on 911 and the aftermath had to r t dot com for analysis and opinion by those on the front lines including appointed count by a former marine corps intelligence operative on 2 decades of lessons not learned. you can find it old dot com right now. very most go for now. this saturday evening, the 11th of september. thanks for choosing r t this weekend. i'm calling bright back with your next update. and just on behalf of a this is boom bus. one business show you can't afford to miss branch of board and i'm rachel levins in washington coming up the 1st high level. 8 talk and several months between china, the united states have been held over the phone as

a nation's president, discussed a range of issues will bring you the latest. plus it's been 20 years through $911.00. how has the u. s. economy been impacted since later on? we're gonna discuss it changes with our very own rick sanchez. perfect. so today, so let's dive right in the we leave the program with the latest attempts to cool tensions between the world's 2 largest economies. for the 1st time since february us president joe biden, and china the president, she's in ping have spoken. it was a 90 minute phone call. thursday night meant to reset some of the strained relations between the 2 countries. president biden initiated the call with the white house stating the goal of the conversation is to prevent competition between

the 2 countries from devolving into conflict. according to the white house statement about this conversation, the 2 leaders had a broad strategic discussion in which they discussed areas where our interests converge and areas where our interests values and prospective, diverge the chinese ministry of foreign affairs for their part, also commented on the situation friday morning, such as this phone conversation, the 2 sides. the man instantly agreed that in depth conversation between the state leaders of china and the u. s. on bilateral relations and major international issues are crucial to the correct development of bilateral highs. they agreed to maintain regular contact through multiple means and to instruct the working levels of both sides to speed up their work and implement extensive dialogue, so as to create favorable conditions for the development of china us relation. so did the 2 sides reach a true reset with joining us, discuss our boom, but co host bend swan and christy. christy. i want to start with you. why do you

think president bye and felt it was necessary to make this phone call while he had to make a phone call due to the growing pressures and frustrations of his own administration? apparently what they say is there was a serious lack of beijing engagement with american officials. and it became very clear that china was not willing to engage with lower level staff members. when biden's climate on boy john kerry held talks with chinese foreign minister last week. while the u. s. wanted to tackle every issue separately and individually, china wanted to use it as leverage in order to gain favorable terms on their end. so they want to bundle all the terms together, which makes perfect sense because why would you give something without getting something you want in return? so according to the chinese foreign minister, china, us climate change, corporate cooperation cannot be separated from the general environment of relations . and then also again, back in march, you had this very angry exchange between blanket and a top chinese official and anchorage alaska. so given this fight,

it was kind of forced to speak directly to china rather than sending in one of his envoy to negotiate on his behalf, which is exactly what china wanted. so while china got the broad all encompassing dialogue, there was no breakthrough in the conversation. thursday call was more so focused on these broad, strategic issues with pretty much no concrete decisions being made. christy, i know you're not involved in these high level talks or anything, but i wanted to ask you why do you think it's still important that the 2 leaders spoke directly rather than through intermediaries? well, in china, from china point of view, they wanted to speak with someone who actually had the, the knowledge to actually go off on all the bundle of issues that were brought to hand via the trade issues the south trying to see issues tensions with the other borders as well as all of the trades and all the territory, especially trying to want to bring everything into the bundle. they didn't want to just focus on one or 2 issues. specifically just the climate issue,

or specifically just the hong kong issue. they want to bundle everything together, while the u. s. they want to tackle everything separately in order to kind of give the illusion or the political theatre that we always say in order to get the illusion that there's progress being made. there's dialogue and all there is some sort of resolution on this very small piece of the puzzle. china doesn't want to do that. so rather than tackle each individual on boy and each individual on way only has a certain issue, whether it's a diplomatic issue, a state issue, an environmental issue. they want to speak directly with bite and who has the power and the authority to kind of bring everything together and say, hey, if we give a piece here on the stay issue on cybersecurity, maybe you can give a piece here on the trade issue. things like that, that's how china wants to negotiate, which is very different than how the west prefers to do things. now speaking, and one of those major issues been there have been a number of increasingly 10 statements between the u. s. and china, especially over the south trying to see where does that situation stand right now? yeah, you know, cuz he makes

a good point about not bundling all these things together. the us not wanting to, and one of the things that we've seen over the past few months has been the vice president come la harris, traveling around to different countries in the asia pacific region. and she's talking about the south china sea and the china does not have autonomy and control over the south china sea. but there have been a number of kind of military action to have taken place in just the last couple of days that have been pretty serious. including the u. s. worship that traveled within 12 miles of a artificial chinese island in the south trying to see in china was furious about this so angry that some of its representatives as well as some of its state run newspapers, were calling for china to retaliate by simply sending warships within 12 miles of us bases in the pacific as well as within 12 miles of different u. s. allies. and then also there are reports of china actually sending planes into ty, ones, airspace recently. that happened just for the last 24 hours. so there been a number of these issues that have crept up the problem right now for the bite, and the ministration is that they need to have

a reset. because right now with china is leaning pretty heavily into this space to what the us can and cannot do. you know, we've talked a lot about our dentist and what's happening there. but obviously the u. s. has lost a lot of face in terms of that exit from afghanistan, which has gone very poorly. the u. s. is look pretty weak in the midst of that leaving behind $90000000000.00 in military equipment to the taliban has made us look weak and incompetent. and so right now, china is leaning into that and saying, well, let's see what you will do. let's test some of this and see just how strong the united states is. and i think for that reason also, it was important for president biden to call and say, well, let's flow some of this down because some of this rhetoric could wind up creating the military situation. and i don't think anybody wants that. right. and i know that whenever biden was campaigning for office, he was saying that he was going to bring diplomacy back. so now christie, the white house is once again talking about competition with china instead of conflict. so what does that look like?

well, according to the official statement, this conversation was held pretty much in order to ensure that competition between the 2 nation does not beer into conflict. and that there will be this ongoing effort to responsibly manage the competition between the u. s. and the p r. c. so the call was to set out the guardrail so that this relationship can be managed. and these guard rails kind of include in making sure that us actions are not misinterpreted by china. but so far as the rhetoric has been quite promising as both sides seem to want to engage in competition without escalating. and i think it's because both sides recognize the severity and the consequences if things blow up again. but in any case, there's still these lingering tensions as the white house is still reviewing its overall china policy, including how to proceed with this $360000000000.00 and tear of facing chinese imports. and ben, i have about 30 seconds left, but i wanna give you the final word on this one. yeah, you know, there's a lot going on here and i think that what we're going to see hopefully is kind of

rationing down of some of the back and forth including kind of the tents talks. christy mentioned that you secretary said anthony, blinking was speaking with the chinese envoy recently. he actually was made fun of in some of those conversations. so the idea that someone that comes down and comes down a little bit, and we get back to a little more of a civil discourse between the 2 countries, i think it's pretty important at this moment. boom bus been swan and chris the i thank you for your end analysis today. the markets are make this week as investors continue to keep an eye on the state of economic growth and rising prices. we start in russia where the mo, x is flat for the week earlier in the week. the index touched fresh record high as it plays. it continues to rise in russia. the countries central bank on friday raised interest rates to 6.75 percent. that's the 5th rate hike this year. also on

friday gas from said it finished construction of the controversial nordstrom to pipeline to germany. the pipeline still awaits clarence from german regulators before the gas can start flowing. moving to asian market, we have a green arrow in shanghai. the composites are steady gains throughout the week. up nearly 3 and a half percent for its best weeks in june. the index, meager games on friday, on reports of that call between president biden and sheet. this week there was also new data showing china's factory date in place and hit a 13 year high in august, riving 9.5 percent of materials prices continue to surge weighing on producers. in hong kong, the hung sun is up roughly one and a half percent for the week. the textbook, it took a major hit on thursday after the south china morning post reported the chinese government had suspended approval for new online games later issuing a correction thing. regulators will slow the process in response to that, and that is the last 8.5 and 11 percent, respectively. after that clarification,

the 2 companies rebounded on friday. as the hung sank, it gave nearly 2 percent as a whole. and in japan we have a green arrow for the new k, the index gained nearly 3 percent over the last 5 days, while analysts expect gains and exports out of japan for august sources close to the bank of japan. they bottlenecks elsewhere in asia could affect the state of export. so we're going to continue to keep an eye on that. the centex in india is up by half a percent this week earlier in the week. the index once again, hit record high as for buying return, due to signs of an economic recovery following one of the world's worst cobra, 1900 outbreaks. any markets were closed on friday for a national holiday and will reopen monday. and another interesting story to keep an eye on here is that ford motor company will start making vehicles in india, taking a $2000000000.00 hit, as it does not see a way to make profit in the nation. moving to australia, we have our 1st red arrow for the week, for the next down one and

a half percent earlier in the week to australian treasury that the nation must reverse by the economy to rely less on their biggest trading partner in china. the index did see some gains to close out the week as metal and oil prices pushed up mining and energy related stocks. and in south africa, the all share is also down for the week data release. thursday showed manufacturing output in july fell 4 point one percent year over year, after growing nearly 12 percent in june. tech investor nasser is also ticket 8 percent hit on thursday on that news about chinese regulators and video games. nascar's has a large stake in chinese gaming giant $0.10. now let's go over to rachel per year, up in the americas things. brad, it's a different story over here where we start in the u. k. with the 1st the ending the week and the read, the office for national statistics revealed that economic growth has flowed drastically with output growing by only point one percent in july. the bank of england has yet to say whether the report will impact its future plans for the

country. now nearby the german dax and the french kac down for the week. the european central bank confirmed on thursday it is keeping interest rates near 0, but they created a bit of confusion by saying they weren't tapering, pandemic policies yet, while also confirming plans to slow down asset purchases over the next quarter. then across the atlantic in brazil, the best buy is also down. while the country faces ongoing political and economic turmoil, the government is maintaining high hopes for brazil's place in the world oil market after becoming the world 7th, largest oil producer in 2020. the country is now on track to rank in the top 5 by 2030, and it's another red arrow for the b and b in mexico, where the country has battled everything from earthquakes to hurricanes. and just in last week, looking to increase future investments, mexico's economy minister traveled to washington on thursday, where she called for the relocation of semi conductor supply chains to mexico in

order to address the ongoing global shortage. and here in the united states, the down, the nasdaq, and the s m p are all down, even as weekly jobless claims hit, their lowest levels in 18 months. that by an administration announced a sweeping vaccine mandate that will impact an estimated 100000000 americans. and it says businesses up to face thousands of dollars in fines if they don't comply with the new measures. and finally in canada, the t s. x is our final red arrow for the week. the country added less jobs and expected for the month of august, but the central bank still signaled as pandemic. aid will be coming to annette. now, while the index was led by games in the energy sector this week, it was hurt the most by losses from cannabis. companies moving into next week, we will continue to monitor the state of the global recovery along with the ongoing supply shortages worldwide. the time now for a quick break,

but when we come back to decades after 911, the economic landscape looks quite different than it did before. straight ahead will be joined by our team, very own rick sanchez to discuss the development and how the day changed the world . and as we go to break, here are the numbers out the close. the news news. so what we've got to do is identify the threats that we have. it's crazy plantation, let it be an arms race is often very dramatic. development only personally, i'm going to resist. i don't see how that strategy will be successful,

very critical time time to sit down and talk it's an open secret that private military companies have been playing a role in complex worldwide. u. s. government doesn't track the number of contractors that uses in places iraq or afghanistan, the united states army. and the military in general is so reliance on a private sector. i would call the dependency, but we don't know who's the on the ground presence of these companies overseas. we just don't know the western private military companies can, in their turn, use so called sub contractors from countries with trouble past. the piano is quite good that they have also been child soldiers. i was my drug profession or drug. this is where the

when the full moon wouldn't go with the flow limit malone ship, which are to be merciless killing machines. now they fight and die in other people's was people carol, lot one or a dead soldier or dead marine shows up in this country and we started asking ourselves, why did they die? why do? what were they fighting for? nobody bothers down to the contractors. the in the welcome back. it has been 20 since the day that changed the united states as we know it, the post 911 world redefined not just u. s. foreign policy, but also the country's economy. the business of homeland security became a very big and very lucrative business. as the focus turned to, as they said,

keeping americans say from the threat of terrorism and the decade that followed military spending more than doubled. going on the past $700000000000.00 a year and accounting for around 20 percent of government spending defense contractors and the private sector flourished. as the defense department went from $181000000000.00 and contract obligations to less than $50000.00 contractors. and 2001 up to $375000000000.00. an obligation to more than 110000 contractors in 2011. but with the u. s. winding down its military presence in the middle east after 2 decades, the question becomes, where do we go from here? we're running us now. the discuss is host of the news with rick sanchez, rick sanchez, himself. rick, it's great to have you on the show today. now our 1st question is mainly we're talking about this business of homeland security. so how has it changed the us economy over the last 2 decades? there's no question. it's been a boon industry and it's been

a boot industry based on one word and one word alone. fear. they have captivated that sense of fear in the american public. and by so doing, they have then manufactured everything that they can possibly do within the scope of that word. fear which by the way, is a lot like the word terror, this whole war on terror thing that we've been told for years that was happening in the united states. when in fact what we should have done. and really we almost have to look at the story from the basics, right? i mean, i was there, i was there when the building came down on 911. i was standing in downtown manhattan. i threw myself to the ground because i was afraid the debris would fall on my head. i watched the people screaming while they were jumping from that building. i rolled into what was a garage or a repair shop to try and keep myself from getting hit and i'll never forget that i

was frightened that day. most of america was frightened that day. but we could have then figured out how we could defend ourselves from our own incompetence and from our own mistakes, which is what caused $911.00 more than anything else. but instead, we decided that we would create a sense of fear and that we would make sure that it permeated the entire country. because we knew that there were people at the time who would probably be able to profit off of that. and as, as those words even come out of my mouth and bugs the crap out of me, because that's not the way we've done it in the past. think back to world war 2, right. we were told not to fear. we were told not to fear. we were told don't be afraid, we can get together and we can somehow make this work as a nation because we're strong. in this case, we were told you should be afraid because we're not strong. and in that we created all these huge corporations where all of a sudden we were seeing what 20 percent increase in government monies that were

used for funding weapons and other things that you just described. we from i think 1.5 percent of our g d p to 4 percent of our g d p been in weapons manufacturing and war. busy like dimensions, i mean these are significant changes and we know what brought him on. it wasn't really real wars, it wasn't world war 2, it wasn't world war one. it was the war on so called terror. rick, i mean, i'm not being a contrary here, but i do have to ask the question as a business show that we do, you know, we can be critical all day of the military industrial complex and all of these companies that have profit on it. and in fact, if you look at some of these, you know, prior to 911, some of the companies provided it helped to, you know, businesses insurance companies. and then when the contract started being bid on, they said, wait a 2nd, we can bid on these huge military contracts for i t. we can make billions of dollars from the united states government. so, i mean, you know,

when you look at it as a business in the business that isn't a good business for these guys, even though the government is the one who's making there's nothing wrong with the good business. there's nothing wrong with having companies that help protect us. i'm an american, i want to make sure of some sort of a, if somebody says that we have somebody there who's going to be able to go after him, what i am talking about is this obsequious relationship right. between the media, the politicians, and these companies to make sure they keep us afraid so that they can sell us stuff that we not don't do not necessarily need. of course we need a military that's capable, we need a military that's, that's ready. we do need cyber where warfare technology, we want to have all of those things. but we should have somebody along the line, whether it's the new york times or cnn, or fox news, or maybe us telling people don't be afraid. you don't have to act like all of a sudden we are the weakest country in the world because we're not,

we are powerful, but we didn't do that. and i guess, you know, since i'm a messaging guy, i right for a living and i speak for a living. for me, it's the messaging, the bothers me. it almost looks like the politicians in the, in the united states and the members of the media of the cable channels. and the newspapers worked as agents to send the fear message to americans. so that these companies, you know, the raytheon and all the others of the world would be able to make a profit. and that's not the way it's most work. and the media profit off of it heavily because they knew that people were going to keep turning on the tv and looking at what they were saying. okay, so now we're 20 years. then we have created what is essentially a monster. when you look at the defense contractors, when you look at what the media has found that they can do when it comes to care. so the question becomes, where do we go from here? well, i think in some ways we are starting to see that there are other forms of media and other forms of messaging that can get us to better understand what is

going on. you know, they, we talk about truth all the time and you know, mark twain talks about it goes halfway around the world or has the tire shop before we realize what's actually being sad or what's actually out there. you know, he's right. lives will always be perpetuated. messaging will always be manipulated . but in the end, if folks like us, take a good look at this, you know, a cogent sober look and say, look, we're not against america. american a military, i'm not against raytheon. i'm not against any of these companies, i want them to do well, but i don't want them to do well based on bad information. and that's what i am again. so when you ask about where do we get good information in the future, the see and ends of the world that i know i use them as that example. they're not the worst, they're not the only ones, but they survive off of what you guys just said in the future. there will be other ways that americans are going to communicate and we're already seeing the average person in their thirty's and forty's. the last thing they're going to do is watch

network news. it doesn't even exist for them, doesn't exist for you. right now it was a lifetime. you want to nbc nightly news or whatever the hell shows are called now your information on social media. exactly. so the shift in messaging is changing and eventually the messaging i think will get correct. and rick, i want to talk about that messaging because again, being economic show. we hear every time there's a disaster that the stock market crashes and it's the worst possible situation. and that's what happened in 911. it was one of the worst crashes since the great depression. right. that's what we saw at that time. but look where we are 20 years later, rick, we are, you know, 300 times where we are on the dow jones. we have hitting it record highs nearly every week. obviously this week wasn't that great, but last week we were at record high. yeah, i mean, what does that tell us about that fear that you said that fear that they're selling that tell us and let me just give it to you from a very construct a standpoint right from are almost new to mentary standpoint. if you are

a guy who's sitting out there right now, right, and you happen to have, let's say $3040000000.00, and you're not sure what to do with it. and something just happened. cobit an attack on $911.00. the bank failure that we saw in 28. what do you do? the 1st thing you do is you pick up your phone, you call your advisors and you say what industry will do best. as a result of this conflict or this disaster that i just saw in the case of $911.00, you say ha, i think if i was to take $1020000000.00 right now and invested insecurity firms and invested in war like weapons manufacturers. i'm going to do really well. there's always going to be people who do that brand and there's going to be people throughout the course of history are going to be smart enough for you don't even have to be smart to figure that out. all you have to have is available resource, which is why business show that this is the rich always get richer. question always becomes a why did we learn from it in the end, we're going to have to leave it right there. but rick sanchez, thank you so much for joining

a great conversation. thanks and that's at this time. and you can catch boom bus on demand on the portable tv app available on smartphones and tablets through google play in the apple app store by searching portable tv. portable tv can also be downloaded on samsung, smart tv, and roku devices, or simply check it out at portable dot tv. well see you next me i was on drugs noted as a way to come back. a great problem. what's the one? it's part of the attitude of the nation, not just of north dakota, and it got to be something that you could get elected. this time, the fight against drugs took a tragic,

told us that andrew was competing short form. this is way too dangerous for him to be doing. clearly they put him in harm's way. a rural college student does interest get shot in the head and found in a river like something else to be happening. so what we've got to do is identify the threats that we have. it's crazy plantation, let it be an arms race is on, often very dramatic development. only personally, i'm going to resist. i don't see how that strategy will be successful, very critical time time to sit down and talk i have often said transparency for the powerful receive for the bell. this cares about privacy or people care about is power. julian, a son become

a symbol of the battle for brevity. information is power. that's what's going on and a huge struggle with governments and corporations who want to keep information secret and others who democratic rights should be pushed forward. and people have a right to know what to do. watch allison's help to shift the conversation around transparency and see what that battle has done to him. i feel like julian's life might be coming to an end. we are in a context iteration with the largest and most powerful employer. in such a situation. it's remarkable, survived the 10 months said $25.00 days old. this is america's legacy. they're stronger than

sabotaged equipment because we bought a ruined steel.