rachel evans in washington coming out the china's growth has taken ahead of the government's latest crackdowns combined with supply chain shortages and extreme. whether we'll take a look at what it mean for the future of the world's 2nd largest economy plus another day. another controversy for facebook as a social media giant is speaking out against report, slamming their a i, technology for the staff, the ongoing legal issues facing the company. then we say europe where you continue to grapple with supply chain issues and it's a coven recovery. we bring you the latest comment from the head of the block central bank, but the troubles with globalization. a lot to get to look go. and we lead the program with the latest on the economic recovery in china. we're government data shows the country experienced a slow down in the 3rd quarter as year on year growth fell more than expected. the country was hit by supply chain shortage is extreme flooding and an energy crunch that the growth of 4.9 percent down from the 7.9 percent we saw in the 2nd quarter

in response, a spokesperson for china's national bureau of statistics referred to the slow down caused by energy shortages as a short term issue. mostly shown with these measures being implemented. so tight supply of hold on electricity has been any impact on the economy will subside since september, electricity generation has been growing faster and welcome to overall the tight supply of energy in short term and the impact is on tribal. joining us now to go further and up on this is boom, best co host christy i. now, christy, i mean we're still seeing growth in china just not quite as much as we did in the 2nd quarter. is their cause for alarm here, given that china was the only major global economy to see growth during last year, slow down. i mean, it's slightly a call for alarm here because the war has been just dependent on trying to be the growth engine to drive the rest, the g d p. so the growth engine falters. list everyone else out of the economic

depression that we could be. and so can major bank have already trend there for the trying to g d p forecast. now a china is getting hit or multiple front. you have the power outage is going on in the factory because the government, i mean, the quality which is killing the sector and then they have the sluggish consumer spending. so trying it is more mental as there's just so much dried right now with things like the overhanging dragon koran merits right on the top. and also the chairs are still in effect. and now christy, the chinese government has been working to cut carbon emissions into increase its reliance on renewable energy. but given the current conditions, could we see the government taking a step back and increase in the use of coal at least in the short term? absolutely, because it's mike and i love green tech and all where we stand currently with renewable green energy. it's just simply not there yet to supply us at the current level of energy consumption. because think about how heavily subsidized green energy is, whether we're talking about solar, wind, hydra,

without the sub seen tech wouldn't even exist because they can't survive on their own and compete with fossil fuels in terms of cost. so economy of scale has not been reached yet, and the green tech to make it efficient and not to mention the technology is just not there to make it truly sustainable and reliable. because in a year like this in 2021, we had worse johnson in the u. k saying that we didn't get us when this year, so we don't have enough electricity kind of thing. we didn't get enough rain this year. so all of this is really whether dependent which makes it very, a very unreliable source of energy. so as much of politicians like to push their agenda and that very last the goal, it's simply not feasible. the development and advancement of technology that in april green tech is not subject to the deadline of politicians, which is why this entire agenda to percentage by 2030 and then the net carbon neutral by 2050. it's just kind of ridiculous because they're almost picking

arbitrary years and dates down the road and making sure it's great to set goals. but what is it really based off? i will up on that because you make a great point. but then why make those arbitrary deadline? why was trying to making that move? if the case is that, hey, the technology is not ready and you're here to come all and it's like, you can't tell them to do it. so the political sector and the text that are on 2 completely different ways. so it's very difficult for them to get on the same page . sure, it's great to set the very high attaining goal because we all need to go on a road map. but the way that they're implementing this is just kind of ridiculous and not realistic. yeah, that's a great way to explain it. and i know that this is certainly been a year of politicians and i'm setting goals all over the place. now another aspect here is inflation, and we know that china has managed to keep inflation under control, especially when compared to other countries around the world. but at the same time, annual factory gate prices grew at their fastest rate on record, given how much the world relies on manufacturing from trying to. how does the

recent increased and impact the state of global supplies, especially right now. while the producer price index around about 10.7 percent in september, compare with your earlier which is the highest rate of increase in 1995. so a lot of the price increase has been caused by the writing commodity prices. as coal prices intensify. and again, i'm going to be very ambitious goal, the carbon neutrality which put persistent pressure on the commodity prices, which is then pass down the stream to firms, which is basically going to cause a don't know if that downstream with the cost and may not be passed down to the end consumer and importing nation. and as you can see now, that's how we get into an inflation, michael. and with china being the biggest manufacturer of the world, that effect will be even more so pronounced. and we will expect to see a rise in pretty much all product across the board from high tech and needs to consumer staple paper towels, cobit supply,

and also luxury goods. and then the worst part of all of that is that this is falling right in the 4th quarter, or consumption is supposed to be the main driver of gdp going into your and so it's everything starts to get more and more expensive, but it doesn't keep pace with that of inflation, then the consumers are going to be feeling very tight. come this holiday season when the dollar isn't going to stretch as much as it used to. certainly a lot of daycare in the world is watching. what happens in china boom bus kristi, i thank you so much for your time and insight on this one and get new claims about facebook have emerged claiming that the company's a algorithm cannot detect hate speech as well as the company can play. claims that is to say, facebook's vice president of integrity, guy rosen, wrote in a blog post sunday that the prevalence of hate speech on the platform had dropped by 50 percent over the past 3 years. but the wall street journal now reports that internal documents show that 2 years ago facebook reduce the time that human

reviewers focus on have speech complaints and made other adjustments that reduce the number of complaints that in turn helped create the appearance that facebook's artificial intelligence had been more successful in enforcing the company's roles than it actually was. so joining us now to discuss it, boom, both co host an investigative journalists, been swan. now been, i know we were shocked to hear that facebook has not only a president, but also a vice president of integrity here. and now we're learning. in addition to that facebook's employees found in march that the company's a i, systems were not removing very much content that violates its rules, correct? yeah, it's pretty interesting and look at all really comes down to money. so basically, 2 years ago, back in 2019 facebook had a lot of human moderators who were looking at this content and then remove it. and they said, we're going to move away from that. we're going to move to ai, artificial intelligence or user algorithms. and those algorithms will be able to

detect and flag hate speech and violent content, etc. the problem is, according to employees, it's non getting them. in fact, employees are saying that only about 3 to 5 percent of all of the hate speech on the face for platform is actually being caught by the algorithm. what's really interesting is that facebook's own engineers say it's actually less than that. they say only 2 percent is actually being caught by these a algorithms, but it's about money. it's a lot cheaper to run the algorithms then to hire people to do this. and so that's what facebook is moved. do they claim that it's working really well, but the engineers and the employees say it's not right. if you're claiming to be one of the world's biggest tech companies, maybe you want to make sure you have technology that does the job. but who am i the facebook, theo mark secretary also said he believed facebook a. i would be able to take down quote, the vast majority of problematic content before 2024. it's part of facebook claims that the journals reporting is wrong and that the detection rate was above 97

percent. so how do we know which side is correct here? well, we don't really know which site is correct and as, as i said, facebook's engineer say it's 2 percent face of management says is 97 percent employees a it's only 3 to 5 percent. we actually don't know what that, what the truth is, but here's the problem that a lot of the, the critics of facebook i've been saying is that when you ask for specifics, how do you get to your conclusion? when you go to the company and say, okay, you're saying 97 percent of all this content is cost. show us how you're coming up with that figure. they go silent, they don't want to say how they're getting to that number and that's problematic, right? if you are the, this big technology company and you're saying our, our, the works and here's how it works. and this is the end result, a very definitive not percent of this content that we're trying to since around is getting censored. and then someone says, show us how you reach that conclusion and you can't, or you won't. that's a problem. but i also want to say this, i think a lot of what we're seeing right now with this slow drip drip drip into the wall street journal is not necessarily a good thing. as you guys know, i'm not

a big fan of facebook. i don't like mark zuckerberg, i don't like a lot of what the company does, but the game that's being played right now, that essentially says facebook's an awful company. and therefore, the answer is for government to take control of the algorithms or some outside group to do that. that seems to be every time we do one of these stories, that's essentially what's being called for is that facebook is not competent to manage its own systems. i agree, there's a lot of problems with facebook, but i don't think the answer being prescribed to give it over to some regulatory agency to run the algorithms is the answer. then the question then becomes, what is the wall street journal and getting out of this, right? because they're sitting there doing all of these sort of in depth reporting. is it just that they're getting the clicks on it and that kind of goes in at least makes them look good? i don't think that's the case. listen, i don't want any proof of this is simply my opinion here, but i believe the wall street journal, whoever is pushing these stories out has a motivation. and i think that motivation is to ultimately see mark sucker berg no

longer in charge of the algorithms that facebook or the way the company is run. look again, i have a big disagreement with the way, but facebook does a lot of what it does. but i don't think the problem is, is that they're not sensory enough content. i think there's sensory in the wrong kinds of content. they're very good at sensory and political speech, but they're not very good is censoring murder videos and people having oregon transplant stuff. that's the truth. one of the complaints about this a system is that it doesn't seem to be catching very graphic videos. it's not catching content being put up by drug cartels, but it is catching on the other hand, somebody who says something that's labeled as violation of community guidelines or medical misinformation like they're very good catching political stuff. they're just not very good at catching truly harmful content. like when drug cartels are posting or human smugglers post on facebook, the algorithm seems to ignore that content. so again, i don't think the problem is necessarily that there isn't enough censorship. it's that is being pointed in the wrong direction. right, and certainly there are people across the country who don't like mark zuckerberg

don't like facebook, but at the same time, we don't have to remember that whatever happens to that tech giant will end up impacting the rest of the internet as they go along. boom. but bends on. thank you so much for your time on this one. thank you. and now for a follow up to a story we have been covering a last minute deal was made saturday to avoid a strike of film and television crews, which would have seen nearly $60000.00 behind the scenes. workers walk off the job, representatives from the international alliance of feeder stage employees and the studios and entertainment companies which employ them, reached an agreement for a 3 year deal before mondays deadline. despite an agreement, it's still phases of vote from its members. now meanwhile, my name mark a 5th day since the united auto workers members working for john deere went on strike. roughly 10000 workers at 14 factories across the midwest officially started their strike on thursday of last week and a bid for higher wages. deer had offered an immediate increase of 5 to 6 percent,

but union members rejected the offering, pointing to the companies, estimated $6000000000.00 and profit this year. along with the skyrocketing inflation we've seen over the last year. now, as farmers throughout the country, worry of the impact the strikes may have on them. the company is staffing is factories with non union salaried employees right now. and rachel, now if you're a union member, you would call these people who are the non union salaried workers. they would be called scabs. but the problem is, is when you put people who are not trained to do a job, this is part of what a union really does. it's beneficial to a company. they make sure that people who are trained on the right machines and things they're ready to go. they know what they're supposed to do. and labor reporters were already reporting a late last week and that there were 2 or 3 different incidences that happen inside of these factories when these non union workers were actually working. oh my goodness. and i know we've talked so much about the supply chain and talking about

how john, dear farmers, i mean we're talking about instrumental pieces of our supply chain. you would hope that they would get something worked out, especially when they're talking about a possible 5 percent raise. and then at the same time, we're talking about 13 year highs when it comes to inflation. i mean, everything is more. right. and i mean, they're looking at, they're saying you're making a profit, this is our moment to shine. and like we talked about last week when we did this story, the real thing is, this is a big labor union movement. and yes, the labor unions are working together saying you strike well strike all this stuff is just everybody kind of coming together and seeing the same thing happening right now. prices are going up, wages are staying the same profit they're being made at the top level. and they're saying, hey, we have an opportunity here, we can actually capitalize because, like said, or like you said, the farmers who are concerned that this could really affect them on the supply chain issues. they're saying, hey, this, this is really prefer to get to know that, that frustration is being felt truly all around. absolutely and time now for a quick break. but when we come back to the head of the european central bank to

the globalization of the block has made supply chain disruption even work. on the other side, we'll dig into the issue as we had a break here, the numbers of the close news with ah, it's been decade since the fall of spain's fascist regime. but old wound still haven't hailed your interest in going into another disorder. because on the phone with nichol fee to market, people to miss

a bowl said calling me in the parentheses, me notice that i'm interested, i think with thousands of newborn babies. what toned from their mothers been given away and forced adoption? a late bought about, i used to yell for faster than my own robles. i feel it to this day. mothers still search for grown children, while adults look in hope for their birth parents. with closely within the daniels through our little fish with the basilica, thought of their mother like i love your plan, a dumb way up. all of the fella with shelter worship with

when i see black america, i see part of my soon i was growing young. black america spoke to me. when white a stria did not. those who say black marsh matter is a movement we are importing from america. know nothing of who we are. i lived in a world where white lives mattered. and i was not wise. like ms. noon. she states, i'm scared that my children are going to grow up in the country that says no racism, but they're more likely to end up in the criminal justice system. then they're all the fellow friends in daycare for

a the welcome back. the globalized nature of the european union's economy puts it more at risk during the supply chain was we are currently seeing, according to the president of the european central bank since 2000 the blocks multilateral trade deals has helped the e u double and g d p. to $14.00 trillion dollars and fostered tens of millions of jobs, but them in the supply chain disruptions e. c. b president christine. the guards says europe must adapt during the i. m. s 2021 per jacobs to lecture on saturday. she added the block must fuse it's economic weight to support reciprocated trade openness globally, while strengthening its own domestic demand to insure against

a more volatile global economy. regard also took issue with the just in time inventory management practices, where companies received goods as close as possible to when they actually need them . thing it is highly vulnerable to systematic shocks. businesses are also concerned that supply chain issues could take a toll on europe. the economy moving into the highly lucrative holiday season. joining us now discuss is hillary orbit. she's board member with the british american business association and president of straw mark business development consultants. hillary. i want to start with the concerns being brought board by with guard here. how has the globalization of the you trade made it more susceptible to supply chain was well, pleasure to be back with the brand. and of course, a lot of this is to do with all the trade that the you dealt with china about 22.4 percent of all goods going into the you come from china. so when you have a global supply chain like that, with a pandemic, it's obviously going to have intense glitches. one of the things that's happened,

of course, is that if there's even so much as one worker in a chinese factory or in the chinese port that is testing positive cove, it the entire factory of the entire port to shut down. that has caused immense amounts of, not just glitches, but all your issues for sure. and that's how local businesses they go to localisation. and now we've often talked, you obviously about the prospects in economy in the u. k. and it seems like when you look at this and her kind of rain, the alarm about globalization isn't the kind of what got us into breakfast in the 1st place. they were saying we want more autonomy in our trade in our economy. i actually find it somewhat ironic, the global as to now land buffering globalization because yes, there are many issues with many issues that make it not work. so with regard to the u. k, of course, yes, the more tre deals that the u. k. does. out of the autonomy that they now have, the more they're doing the opposite of what it just said, they're not putting all the eggs in one basket that diversifying that going across the globe. the e. u isn't doing the same kind of trade deals. in fact, the u. k is now starting up negotiations with mexico looking to do

a massive trade deal with mexico. and in fact, the u. s. need to look out for this because it's going to be so many trade deals that you case made. they'll be back to the table as a 5 top, a negotiator with the u. s. a neighbor. what before for the exactly. the reason you just mentioned bread autonomy means autonomous decisions. right now we've got your cash, boom, buzz demand and the portable tv app available on smartphones and tablets, or google play in the apple app store by searching portable tv where it will be can also be downloaded on samsung, smart tv and roku devices, or simply check it out at portable dot tv. well see next me

so what we got to do is identify the threats that we have is crazy. plantation, let it be an arms race is often very dramatic. developments only really i'm going to resist. i don't see how that strategy will be successful, very difficult time time to sit down and talk oh, is your media a reflection of reality? in the world transformed what will make you feel safe? isolation, whole community? are you going the right way? where are you being led to somewhere? which direction? what is true wharf, his faith in the world corrupted. you need to descend

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