the years in the political crossfire between the world, 2 largest academies, while way cfo meant one though, and 2 canadian businesses have returned to their respective homes, straight ahead will bring you a full breakdown of the geopolitical de escalation and in the wake of a bombshell report fleming, facebook alleged toxic practices. so to me to janet has decided to all this development of an instagram for tid. we'll discuss, then we can panic buying has this shortage is that gas stations across the u. k. will take a look at how the government is responding and whether the military will be getting involved to tackle the crisis. we have a lot to cover today. fullest dive right in. we leave the program with the latest on the release of wallace. she financial officer main ones, though, she returned home to china over the weekend nearly 3 years after she was detained in canada at the request of the trumpet ministration. but while a deal was made with the department of justice and china release to canadian prisoners in return,

that binding ministration is signaling. it's still not done. pursuing a case against the chinese tech giant at the center of it all are to turn new chavez has the latest main one joe, one was chief financial officer and the daughter of the company's founder, ren zang. fay returned to china saturday night after striking a deal with us, prosecutors in an extradition case that as fuel tensions for nearly 3 years between the west and beijing. after more than 1000 days of suffering, i finally returned to my home country. the long wait in a foreign country, very torture. but when i stepped down the steps and had my feet on the ground, the warmth of the homeland filled with excitement beyond words, motherland, i am glad the man was arrested in december 2018 on fraud charges related to alleged wrong sanction violations, but was able to go home after reaching an agreement with the u. s. department of justice to defer her prosecution until late 2022. after which point the charges

could be dropped while beijing has called her arrest a political move by the former trump administration. her legal that'll have strained relations between china, the united states and canada, especially after beijing arrested to canadians on spying charges. shortly after men's arrest move, many countries have called hostage politics. but just hours after the resolution of her legal battle prime minister justin trudeau announced the 2 canadian men who had been jailed were also freed. i know canadians are very happy that these 2 citizens that we've thought of so many times over the past 1000 days, are now on their way home. now the deal with mang calls for the justice department to dismiss fraud charges late next year. in exchange for her accepting responsibility for misrepresenting her company's business dealings with iran, a deal, the free mang risks backlash and congress were. some republicans have accused the biden administration of being too lenient against wall way compared with former president trump reporting for boom bus to trinity child as our to new york. joining

us now to discuss is john quality dean at the miami, herbert business school. nadine, quote, what do you make of the timing of this release and what does it say about the binding ministrations policy towards trying to overall? certainly the case of miss mang was an obstacle to perhaps dealing with more important issues around trade and investment. but it has to be said that it gave personification to the effort to slow down was always progress around the world, perhaps gave more publicity to the stand off with while way. and i think in some ways was effective. however, what's important to note here is this is as important to day for us, canada relations as it is for us, china relations. this particular extradition case and the canadians,

it has to be said played along extremely appropriately with the requirements of the extradition law. but in the final analysis, canada was being di. what was being put in a very difficult place by this us case against ms mang. so i'm actually very pleased that this is now off the table and that we can get down to serious discussions around the issue of trade investment and the economic relationship between the 2 countries. right. and that's what i wanted to bring up next. because even though the biden registration has yet to lift any of the trumpet, ministration, tariffs on china, a recent survey found that optimism among us businesses in china has returned to pre trade war levels. i mean, i know we've talked about this specifically even with you. many times since biden has taken office, do we expect him to pull back any of that policy?

or is he still going to say no, that top on china stands still stands in place, especially when we look at it? as you know, he was supported heavily by unions and unions have been critical of what china has done to the united states. what do you make of that situation? while it would be useful if a tough on china policy, initiated by president trump? and the imposition of tariffs had actually produced any constructive benefit for the us competitively or for the u. s. consumer. but all that happened effectively was that in some cases, prices to us, consumers were increased. in other cases, the chinese manufacturers doubled down on cost efficiency and became even more productive so that the price increases could be absorbed domestically without being fully passed on to american consumers. by making chinese producers more efficient.

so in the end, if you look at the data, there's very little evidence to suggest that these tariffs resulted in any significant long term shift in the trade imbalance between china in the us and the disruption till the relationship that it caused. while providing a useful wake up call regarding china's growing economic power upon from that wakeup call it, it ended up being more destructive than constructive. and does this change any of the policy towards while way? i mean, it seems like the issue with 5 g and while way has nothing to do with what my one joe was actually accused of there. so that doesn't change anything there either. now i think that a discovery was made that there had been these misrepresentations regarding the transactions involving wild way certain banks and the government of iran. and that

was used to pursue her as the chief financial officer of why way and send a strong message. but, you know, the fact of the matter is that way is still a very formidable player in 5 g. it has a leadership position. the trump administration's efforts against why we have no doubt slowed down the progress of war way and perhaps reduced its global effectiveness as a competitor. but they certainly have not put why, way out of business. and in many respects, when under pressure, while way has actually improved in its new product development activity. and it'll certainly be interesting to see how the binding ministration continues to

pursue kind of that fight against this tech giant. now i want to switch gears a little bit to look at another story, which is that china, as we know, has been pursuing a crackdown on tech giant. and executives were given a chance to kind of respond during the world internet conference which tripped off on sunday. what do you make of the statements that we heard from executives from ali baba intends in saying, based support, beijing's goal to narrow the country's wealth gap, even if it ends up hurting their own company? well, as no doubt who's in charge of china, and you know that there's one person in charge in china. and the companies that have benefited enormously from the rise of china, that in some people's opinion is facilitated by the policies of the communist party of china. you know, those executives, those found those,

those owners of those companies a being called to account now and told, hey you have to do a little bit more than line your own pockets. we need to see a spread of this wealth, a distribution of wealth. and this is a very similar, very similar story to what we're seeing and hearing in the west where the richer getting richer and capitalism is being converted from shareholder capitalism to stakeholder capitalism. in many ways, it's analogous, but the chinese government as calling the shots here and basically saying to these companies, don't forget who brought you to the dance and make sure that you leave a big chip on the way out of the door when you go home for the night yeah, certainly interesting to see those responses from tech trans in china, especially compared to what we've heard from tech science here in the united states

. great inside as always, dean john college of the miami, herbert business school. thank you for your time. thank you. and facebook has announced it will pause play with the launch its new instagram kids project. the social media app had been developing a version of for children that would be ad free and allow parents to monitor activity. thinking about the situation that had of instagram adam was sorry, told n b c. i still firmly believe that it's a good thing to build a version of instagram, that safe for tweens. but we want to take the time to talk to parents and researchers and safely every safety experts and get to more consensus about how to move forward. so joining us now to discuss it to me by the co host, an investigative journalist, and swan, ben, you know, it's crazy to hear somebody who's the head of a major social media platform, use the term tweens. i'm sorry about that, but how much of this isn't based on the recent wall street journal report that

instagram is actually harmful for young people? yeah, i think it's completely based on that. what's fascinating about that wall street journal reported that wasn't the wall street journal who broke this story in terms of doing the research with the wall street journal. there was a published internal documents that belong to facebook. facebook had these documents and they showed a couple of things that were pretty interesting. they showed that researchers who had talked to teenagers specifically, teenage girls and teenage boys found that of suicidal teams in the u. k. 13 percent of girls who were in that category said that instagram was they were able to trace like to instagram the reason for those suicidal thoughts in boys with about 6 percent. but what's really interesting about this is that on top of that, 32 percent of all teenage girls who were who were surveyed by facebook. by the way, again this research belong to facebook. said that instagram made them feel worse about themselves and about 13 percent of boys said it made them feel worse about themselves. so what's important about this is this instagram kids project kind of

disregarded all of these studies. and again, these are studies that have been looked at and conducted by facebook and facebook, c, e o. mark zocker berg actually cited these studies during internal meetings within the company when they were talking about instagram. so they, they fully knew that this was the case, and yet they were still pushing ahead with this project to build a product specifically for kids. that's bizarre. i mean, you would think maybe if it were some outside 3rd party, then possibly they would be downplaying. it, but it literally came from them. okay. so we know that this research came from the internal documents, as you mention. so with this instagram kids project meant to help mitigate those issues in any way. no, not really. and that's what's interesting too, is if you look at what the, the draw to instagram kids according to facebook is, is all, look, we're going to create an ad free experience. it'll be safer and better for your kids. but the crazy thing is that the internal documents, guys that facebook read and the studies shows it's not ads that are the problem. so

advertisements running on instagram that are making kids feel bad about themselves and facts. but those internal documents show is it's the core build of the social network itself. that makes kids feel bad, the explore page and the way that it's design promoting the best videos and the best images. the way that it is designed, instagram is design, makes these teenagers feel worse about their lives and worse about themselves. so if you're going to look at this and say we need to create instagram kids, what you would literally be saying if you were being sincere, is we need to tear down instagram as it exists right now, and completely rebuilt it into something else. not we're going to take ads out and therefore kids will feel better about themselves. well, and certainly it seems like the whole idea of this really is get them and get them hooked as their kids. this is what facebook is thinking and get them hooked when their kid and then they'll come to true instagram. so we get the same algorithm, we get to push the same content, we get the same amount of users. but now we can push the advertising. and in reality, i mean,

that's exactly the point. a lot of these studies show that the reason this causes depression is because people see this idealistic life that they're supposedly, people are living all over the world on instagram, their beautiful lives, they're traveling everywhere. and when you see this, especially as a tween, as they put it, you're going to see these people actually, you know, where you see a kid who is much more well off than you are, who has more things than you are edmore opportunity. and it's going to make you feel even worth boom. but ben swan, thanks so much, break down the story. things the time now for a quick break. but when we come back, a weekend of panic, buying has led to shortages at gas stations across the u. k. so why is the government now signaling that the military could get involved to address the ongoing crisis we'll discuss. and as we go to break, here are the numbers that the clothes shoes

me when i was wrong, when all just don't rule out the same because the after an engagement equals the trail. when so many find themselves well, the part we choose to look for common ground land of universal healthcare makes america the country of every man for himself. we have a retirement crisis in this country and we have

a health care crisis for seniors in this country as well. so private business has come up with a special mechanism for that. it's called the live settlement market. we are a life settlement provider, which means that we buy life insurance policies from primarily seniors throughout the united states who no longer want or cant afford their life insurance policies. if you are sick and for want to live a few more years, you can sell your life insurance. that way you get more money right away and the company collects your insurance payment off to your desk. and there's a group of people out there, i guess, hoping that people die soon. what kind of motivation is i give them when i start crying about them dying? that's usually what it's about. it's just the sheer unfairness of it all. i want to make no, certainly no borders and the blind to number t's as

emerge. we don't have authority, we go to the whole world needs to take action and be ready. people are judge. 2 crisis and we can do better, we should be better. everyone is contributing each in their own way. but we also know that this crisis will not go on forever. the challenges wait for the response has been massive. so many good people are helping us. it makes us feel very proud that we need together in the

welcome back. the votes are in and it's still not clear yet who will replace angle and merkle in germany as the 2 leading parties fight for power. so the center left social democrats have a slight lead of 25.7 percent of the vote. and merkle party, the center, right christian democratic union is close behind that 24 point one percent. now if this were here in the united states, this kind of scenario would be highly unlikely in the house of representatives. for example, there are 220 democrats and 212 republicans. meaning that the democrats take the majority, independence and 3rd parties are few and far between. because the assumption is that they will have no power when going up against the 2 major parties in congress . but that's not the case in germany's parliament where it is a very different story. so the 2 leading parties are now pledging to create governments of their own, which means that they will be lobbying for the support of the green party, which received 14.8 percent of the vote. as well as the liberal,

free democratic party, which took 11.5 percent. so not only does this mark the were showing on record for outgoing chancellor merkle party, it also marks the 1st time the leading party has received less than 31 percent of the vote. on top of that, it also shows a shift of power as the split support from german voters turn smaller parties into king makers as they are being called, where they have the power to decide which larger party they support and who will be sworn in as the next, chancellor of germany, i lead time it starts put it to show for monday for all parties with state policy responsibility is bill citizens want government to be formed from the center and also he's a bond if we do not underestimate the dimension of your challenge is quite the contrary, but we are ready to make our contribution. when to share the demons you had always thought omen. and thousands of gas stations in the united kingdom ran dry on sunday, amid a shortage of truck drivers,

which is creating massive supply chain disruption. the petro retailers association says roughly 2 thirds of its 5500 independent members, had sold out of fuel and the rest based running out soon. the industry is short tens of thousands of truckers in the u. k. due to the number of circumstances, including the cobra, 1900 pandemic, an aging workforce, and 4 and dry drivers, leaving the nation after breakfast. let's go ahead and take a look at what's happening and whether any relief is on the horizon with hillary for which board member of the british america business association, and president of straw mark business development consultants. always quite happy on hillary. i want to start with the situation with these 2 stations running out of gas, break this down for us because is it an actual shortage or is it like we've seen before, whereas a bit of panic buying and hoarding? yes, that said passion to be back with you brand on. it's rather the latter. i'm not sure . you mentioned the petrol retailers association that gordon bama,

he via executive director. and as he said, most people in the u. k. fill up with petrol, which is what gases fill up with petrol about once a month. you know, the average u. k. person doesn't drive anything more than about a 140 miles less and then driving less than 20 miles a day. but they knew me feel at once a month and now they all filled up over the weekend. not. and people were trying to those, it didn't or trying to because obviously the media, we saw the bbc sent out fill my can. so mccann to report on this and it's called some panic buying and it's caused hoarding. whereas the average you pay driver does not need to fill up over the weekend. right. so the average american is automatically getting flashbacks to the great toilet paper shortage of 2020. right? yes. okay. now i know we've been talking a lot about the labor shortages that have been ongoing. and as we heard the u. k. government in response to it on saturday, they announced that they will issue $5000.00 emergency 3 month visas to foreign truck drivers, starting in october and more for poultry workers as well. so how will this affect the fuel issues and the worries about the upcoming holidays?

i know there's a lot of worries about everything from turkey to gifts. there says many, many was the case. a couple of factors here on poetry packet. you to, we've gone to the, the shipping and the all the, all the truck drivers. couple of things here. number 195 percent of everything in the u. k. has to be bought in on the back of a laurie a truck from somewhere. and during the pandemic, you mentioned about the aging workforce a lot, those aging retiring workers who are driving those lowrie's. they actually didn't want to be exposed to carpet. so they said how number one, number 2, the vocational schools that train those, to give them licenses to drive the heavy goods vehicles, the h g. these only qualified, 15000 people in 2020 that's 25000 people shorter than the year before. so it's $25000.00 a year. less qualifying and to bring point, a lot of them are going back to the europe to their families because they couldn't stay when the view came with being locked down. they weren't given access back into

the u. k. a lot of people have tried to break blame breakfast for this breakfast is breakfast. breakfast is not the issue for the aging drivers and for the lack of training, it's all these other issues combining on top and it's actually a storm of this. all these factors now with regard to poultry, actually the c e o of kelly turkeys, he supplies 27 percent of turkey's in the u. k. was just on our radio station in london, l l g b. and actually he said that he has so many openings across the u. k. his staff have been going to drop centers basically, begging for workers. there are 2200000 in the u. k. collecting unemployment. and they can't get applicants. maybe people don't want to work in the poultry industry . maybe they want to want to be filtering talkies. but again, there are people who are collecting unemployment and they are not working. so 11 does, is this just a combination of lack of training and also those workers who don't want to work and want to drive trucks. they don't want to drive laurie's. there's been an issue for a long time in the u. k,

this is going on 25 years poor working out and p social out and lack of facilities even for just toilets on the major most ways in the u. k. and hillary, i want to go back to the story that rachel actually did there about the german elections. what's the take away from that german elections? yeah, for a few things. number one, it is going to be a model no matter what, there is be. no mandate from the german public. you're right there on like we have 2 parties here. there are multiple parties and none of them have a majority. the major parties only have about a quarter of the vote, and there's this projection that they will have to have a coalition that looks either like kenya, because of the colors or the keenan flags, jamaica because it's the jamaican flag, or maybe even like stop light, red green and a yellow party. the green party is most likely to be allied with olaf shop. he has the current finite finance minister and he is of the democrat, the socialist democratic party. and so the socialist party looks like they're going to be the ones probably with that green party that might take leadership,

interesting and ankle, america was empower since george w bush, 16 years this has been stability for germany, actually stability for europe. so as the 4th largest economy in the world, the country that's the most interested probably in what's going on in china because 50 percent of what they sell into your goes through germany. and they're a big ally on germany. and this is going to be a lot of lack of stabilization throughout europe because of this. oh, absolutely. and we've got about 30 seconds left. but do we foresee a major shift in what as you mentioned is your largest economy here. absolutely. because uncle mark don't think she was the conservative party. what's. what's interesting about uncle michel, she came from the east of germany. she was exposed to socialism and communism when she was younger. so how devastating that could be to businesses. so she was more prob, and she was less on all the social benefits that olaf schultz is advocating and ran on a platform for social benefit. so i think you will see businesses

a thriving life and her mandate over those 16 years was primarily due to the success of the german called me. well, and i know we've seen some actual response already from the business community. i think siemens their director actually said they weren't too concerned at this point because they don't see a huge shift in way economic dependency. or even despite the fact that this might because i get you exactly right. they don't see any major threat because no party has a mandate. however, most businesses in germany that have thrived and on well over the last 20 years, hence a good economy in germany. they obviously, with bank of america gone, they won't be as much support to the business community. absolutely. hillary ford, which of the british america is association. thank you so much for breaking rachel, and that's it. for the time he gets boom bus on demand in the portable tv app available on smartphone or tablet 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 for the next 10 me

ah, with me it will work in a little log with the logo and because i don't want the because the way a company shirts. underwood's lawyer complete it's not normal court is police and she can listen. can you not leave

so much happening in paris. they are taking it all in geo politics. gone for zurich, australia, friend the u. k. all battling it out in what appears to be a new york. so what we've got to do is identify the threats that we have. it's crazy foundation, 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 political time. time to sit down and talk the length of universal health care makes america the country of every man for

himself. we have a retirement crisis in this country and we have a health care crisis for seniors in this country as well. so private business has come up with special mechanism for that. it's called the life settlement market. we are a life settlement provider, which means that we buy life insurance policies from primarily seniors throughout the united states who no longer want or cant afford their life insurance policies. if you're sick and for want to live a few more years, you can sell your life insurance. that way you get more money right away and the company collects your insurance payment after your death. there's a group of people out there. i get hoping that people die soon. what kind of motivation is i give them? when i start crying about and dying? usually what it's about. it's just the sheer unfairness of it all.

shine me every 1st day on the alec salmon show and i'll be speaking to guess in the world, the politic sport business and show business. i'll see you then in the top headlines with how i live on, i see report to be able plot to kidnap and kill julian, a sondra. so it's global outrage. the story has now been corroborated a year after the allegations were the 1st ed by investigative john listings booting here at the new york considered calling up, the national guard to fill in for thousands of sauf, could be bought from working or failing to meet a coven, vaccinations deadline, but some of this however, i think it's all putting patients at risk is either going to suffer some little slower. i think they should offer.