and later on, spotify says it will add a new warning on a platform after the most popular podcasts are in the world. with criticize for his content on the platform will discuss the latest in the ongoing debate. we have a lot to cover. so let's get started. and we leave the program with china's foray into the exploration of block chain technology. now, all the government may have cracked down on crypto currency. the nation seems to be in bracing its underlying technology in a way. others have not. china has now it's like 15 pilot zones and identified several areas of application to quote carry out the innovative application of block chain technology according to a joint government statement on sunday, the pilot zones include areas in china is major cities of beijing and shanghai, as well. as going jo, ann chung, do. so what do these new zones mean for block chain development with talk to, to watch co host, christie. i for more christie. what's the reason behind these so called pilot

i mean at the same reason that most technology is actually phased in, because there are always challenges when i come to deployment and implementation of new technology. things are usually phase in so that any error challenges or pain points they can be quickly identified and dealt with. and the ramifications can be contained on a smaller scale to allow for maximum response time. so we saw the same thing with hallways 5, g. we're allowed tardy, certain cities 1st before ramping up, because inevitably there will be some hang ups and china will be deployed this block chain across the 15th zone. and also a $164.00 entities which include fields such as energy, taxation, trade, finance, health care costs or finance, copyright, etc. so it essentially a for the large scale implementation of walking across these businesses and government organizations in china. so that each area, specific cyberspace administration and relevant industry regulatory body will have full transparency and foresight over the system. now,

when it comes to the issue of walking development, whether it's in china or here in the us, how much is this revolutionizing the tech industry and how much could revel revolutionize it in the future? i mean, in terms of actual block chain technology, the development, this is adding very little to what already exists in the crypto sphere. the only difference here is that it's a centralized currency rather than a decentralized one, which means that funds can be frozen and subject to wind, but those in power. because think, think of it, it's almost like legal market manipulation. everything china is currently creating already exists in some form, shape or fashion already. so there really isn't any contribution here. it's merely repurposing and existing tool, a technology for the government's own use in order to increase oversight. so the funny thing is that the crypto ecosystem is actually more efficient because we have validators and node operators that are being compensated for the uptime and

computing power as the, the gas fees, so validators they actually want to maintain that now work. and there's an inherent economic incentive for them to promote it and secure it, not just for the right cause or whatever, but it's a real economic financial incentive here. regulators and the cyber admin. they're probably being paid a regular salary in order to maintain this network like any other job. so they're already bits that the truly decentralized model is shown to be better and less redundant than something like this. and christy, i want to move off of this block chain because when we get into the world of crypto, we got a pretty interesting story here because a state senator in arizona has actually filed the bill that would make bitcoin legal tender in the state. how would that work? well, this bill speaks to add bitcoin to the list of instruments that are considered legal tender in arizona, which would make a lawful medium of exchange. so this would essentially enable citizens to pay debt,

public charges taxes and dues with big coin. so if inactive citizens could opt to receive their salaries directly in coin and companies that have the complete freedom as to how and when they could use bitcoin. so this bill mentioned quite specifically, not all, they're all coins, and there will be a 2nd reading on the senate floor wednesday. but right now, the problem is the us constitution might make passing this bill a challenge, because there is something called a coinage clause in the constitution. that means the power to determine what is and isn't legal tender in the us is the exclusive province of congress. so if inactive, this bill would be largely symbolic, because back in the $1800.00 states actually tried to go around the coinage clause by issuing their own state bank notes. these state legal tender. but they had very little success because congress put an end to it very quickly by placing a 10 percent tax on payments made in currency, although the national bank notes. but nonetheless,

this would still be huge. huge big news for bitcoin. and a similar thought process is also shared in texas as well, where governor candidate husband, so that he will also try to make bitcoin legal tender and his date as well. well, that's fascinating. and we know definitely how congress feels about crypto currencies like going. so we know exactly where that would go. now when it comes to a nation like el salvador, that has gone ahead and made bit queen legal tender when we're talking about states in the u. s. looking at i d as how does that compare to the crackdown on bitcoin that seems to be coming from the binding ministration? i mean, are they just ideas at this point? well, i mean, it shows that the client is actually very effective out what it was actually set forth to do, which is to provide financial freedom to those who want it. and that's exactly what l salvador wanted to not be completely beholden to the i enough, which can be thought of as one of the biggest loan sharps out there are 2 countries

. and also now we have individual states who also want to secure their own freedom from the federal government. america has always had this state versus federal mentality. so it isn't really surprising, but it is interesting that the vitamin ministration feel so threatened by crypto currency that they're attempting to crack down so hard on it. but at the same time, the stays are actually trying to boost it up. who like we said, going get power back to the people. and if this were, in fact, a repeat of what happened in 1865. unfortunately, the congress, their old methods of putting a 10 percent tax wouldn't really work because bitcoin is peer to peer. so it's not like a check that needs to be deposited specifically at a bank because it's peer to peer. it would be very easy to find a counter party that would accept it. so the federal government and congress would have to find some other sort of work around in order to stop it. and it seems like this would all just end up pointing back to some sort of c, b, d, c, and kind of defeat the whole purpose after all. boom by christie. i thank you so

much and good. and now to se asia, the largest economy, as it reveals its budget for the coming year, india is expected to focus on improving its infrastructure and securing further growth all while it continues to face. a 3rd wave of cobit 19th, that new annual budget will kick off in april and india's g d. p is expected to grow over 8 percent in the year to come. now in a recent government report, india says it is set to maintain the spot as the worlds fastest growing economy for at least the next 2 years. but in addition to storing inflation, india also continues to see historic unemployment. now to put it into perspective, an estimated 53000000 people were unemployed. in december of those 35000000 are actively looking for work and 23 percent, or 8000000 of those are women. so how will these factors impact the state of the world? second most populated economy with joining us now to discuss an aria, a professor of indian political economy at columbia university professor. it's

great to have you on the show today. now let's start with india's government. how are they expected to go about trying to increase growth in their budget for the coming year and what is the current forecast? so 1st of all, the full cost at the end of the year, which is just ending in march. the economy, the expected to grow 9.2 percent. this comes on low base because the previous economy had actually declined by certain point 3 percent. so now this brings the economy back a little bit of all the pre call with levels. but for the following year, growth prospects also look pretty good. the forecast and b to be going at 9 percent before the base effect will not be there. and be in the us government in a document, just release it to a point 5 percent. so that's really good going forward,

has still not focused on raising capital expenditures, which would not only been the countries infrastructure, but also provide jobs for many who are unemployed currently. and that should also help then raise the expand. it does, particularly the private consumption expenditure returns still being a little bit other parts of the expenditures have picked up. government expended, investment demand has picked up anyway. but private consumption expenditure and that sort of reflects in employment which you mentioned. so those are the major kind of broad effects. and now you actually mentioned infrastructure because there's been a lot of talk about improving infrastructure in india. how much is needed in the nation right now, and does more spending on infrastructure stand to have a significant impact on the economy and lower that unemployment as you just

mentioned? well, absolutely, indian needs are lost because, you know, did not grow for several decades. that's what i've been 3 or 4 percent that so much of the growth in india has happened in the last 20 years. and therefore, also much of the price has also been so india is continuous me spending its capital expenditure of the government, which is really the infrastructure and then the last year to grow and usually the previous interest, 90 percent similar growth will have to happen in india and since of us fancy private investment incentives, it exhibits compliment that is with the public expenditure, which is the price of expenditure. and so if i mean the case where, you know, the governments want investment spent with the private investment that picks up as

a result of investment by the government. yeah, certainly when it comes to infrastructure, something we talk about worldwide. now you mentioned the ongoing unemployment crisis there. i mean, we're talking about 35000000 people actively looking for work. so just how that is it and how is it impacting india's economy right now? so, you know, during the 1st day of school it had a very severe last down. this was during march, april and may of 2020. and that is when the unemployment rate really spiked. a lot of people who even lots of migrant workers who had lost their jobs, they turned to the countryside. and just since there is been recovery, so the direction is going to be an employment that has declined by all major but

stay. it remains below the unemployment rate still it's higher than what we call it . so that is something which again requires basically the company because that like every of soon and me returning to pre call, we live in the base basically losing 2 years of growth. it's 2 years of school we've been and that is where it since, so for employment it is great honor me which has to grow. it is not just the government but create doug smith. the private sector is requested. economy largely is private and it is that part of the be these are private sectors that will need to grow much. austin always, you know, certainly a lot of stake fair and will continue to follow how india's economy affairs, as the year goes on. professor arman pentagon, columbia university, thank you so much for your time and insight. migration and oil

prices continue to search topping $90.00 on friday and moving on an upward trajectory to start the week as geopolitical tensions and tight supply remain in focus. international benchmark brent crude rose by more than one percent on monday to just over $91.00 per barrel just off high as seen in october of 2014. while west texas intermediate rose just under one percent to hit $87.50 per barrel, brent crude is on pace to gain 17 percent in january. that would be it's largest jump in the 1st month of the year in 3 decades. rising prices aren't just having an effect on pocket books of consumers either. chevron is reporting. busy having its most profitable years is 2014 having made $15600000000.00 in net income in 2021. the oil jaya has been able to take advantage of high prices amid the economic recovery, after losing $5500000000.00 in 2020. at the height of the pandemic and time now for

a quick break, but when we come back, spotify, your spacing heat over. what critics claim is vaccine misinformation coming from the platform top podcast host. we'll discuss it as we go to break here. the numbers of the quote with a backside, financial survival. no, they came later. the electric with the central pac support going economy, going to call them right now. they stop the madness. it's an open secret that private military companies have been playing a role in our conflicts world wide. u. s. government doesn't track the number of

contractors it uses in places. iraq can stand united states army and the military in general is so reliance on a private sector. i would call that dependency, but we don't know who's the on the ground presence of these companies overseas. we just don't out west and private military companies. cannon in it turn. you so cool . subcontractors from countries with trouble pass. the chances are quite good that they had also been child diligence. i was a child. as i drove professional, joe is he's with with the full moon. wouldn't look what it would be if i said that with, with no limit malone, if you want show which way to be merciless killing machines. now they fight and die in other people's was people carol lot, when a dead soldier or dead marine shows up in this country and we start asking yourself,

why did they die? why do what would a fighting for? nobody bothers down to like that. contractors in with welcome back. it has been a crazy couple of days for audio streaming platform. spotify, as the company is face controversy over popular podcast or joe rogan, an was some people label as coven misinformation. legendary musicians neil young and joni mitchell pulled their music from the service after taking issue with the content of the joe rogan experience, which became a spotify exclusive after entering a deal worth more than 100000000 dollars back in 2020. they were followed by several others who do business with the platform, including prince harry and megan merkel, who signed a $25000000.00 deal spotify to host who host and produce pon,

ask now in respond spot. if i see, opened a blog about the situation while the service, and now that would add a content advisory warning to any content that features discussions about cobit for his part. rogan himself responded with a video poster and instagram saying he agreed with the content warnings and spoke by way he can do better. i'm just a person to sit down and talk to people in those conversations with them. do i get things wrong? absolutely. i get things wrong, but i try to correct them whenever i get something wrong, i try to correct it because i'm interested in telling the truth. i'm interested in finding out what the truth is. if there's anything that i've done that i could do better is have more experts with differing opinions, right after i have the controversial ones, i would most certainly be open to doing that. and on all of this new spot, if i have stock with more than 12 percent at points on monday. so what does all of this mean? well, joining us now discussed is legal and media analyst,

lionel in simon gallagher entertainment and strategy and investment principal at sbc global. thank you both for joining us on this topic. simon, i want to start with you. a lot of critic seem to think spotify is basically choosing rogan over the people making issue of this. does it all follow the money? what do you make spotify? as response here? look, i think that this part of our response has been very measured and reasonable. i think that they are aware that this is a challenge for all media companies, but you also have to recognize that joe is, is essentially a glorified journalist. he's just there, he's asking questions. he doesn't always get it right. and i think he's also been very full laney in terms of saying i will have a great a variety of guests on my podcast that present both sides of the argument. so i think the response from both spotify and job have been thoughtful and mission. well, it's interesting that you call non glorified journalists because we do live in a time where so many people don't trust the traditional media. and so as notable

how they're going to other sources looking for that information. now, lionel, what's your take on the situation? i mean, it's not like rogan is claiming to be a journalist himself here. so what should be expected of him? first, are you telling me that anybody is actually worried about neil young police, a more joni mitchell or nills? laugh grin, who's an exam? fear king of the pan flute bay city rollers come on. what this is is this was a targeted lesson to tell joe rogan, you're, it, we don't care who you want, but we're going to make a lesson. we're going to teach the world that there are certain things you can and can't say. i no matter the platform, no matter where you are, how big you are. if you're the one that we're going to target, because we're just not the thought police, but the thought vigilantes were, they were the truth tyrants. we're gonna pick you and we're gonna grind you into a dust. and if you think that joe rogan,

whom i respect for nothing more than the cold that he's caused. but if you think that that wishy washy, whatever that was like a hostage video, did you see that? i'm sorry. i did it wrong. here's my thing. all across the world hash tag. so what if joe well, can get to wrong? look at him. you think this is a virus ologist come on. so what this is to teach him a lesson, that's what this is about. well, you know, i know that there's been a lot of controversy surrounding him, at least from some of those mainstream sources like cnn that want to be critical of him. now, as i then we've talked about money here. so what's behind the increase to spot by his stock price? is it about rogan's importers, or is it about the way that the company is handle that handled this? is that telling us anything? is a couple of things that need to be considered? certainly it had already dropped $0.20 from the start of the so it's had it's bounce back. it's been a big bounce back day for the market today. there was an upgrade of the stock

because i think people recognized it had been unfairly punished. so i think it's just a natural correction. i don't think that it's quantify sands. i think this is, this is just big funds. recognize this is an opportunity. this is a business that is the media platform, one of the key media platforms of the future. and that it makes sense, given that it had such a correction to start to buy in at this point in time and for to follow all of this . i mean, i want to go back to line of points about who cares about joni mitchell and neil young and some of the, the, they're hard to are saying that, i mean, if you're somebody like spotify, i mean, do they care about this? any content is content that they want, right? look, absolutely. they want the, the broadest offering of content available, but it, no one was talking about joni mitchell. 2 weeks ago. i will assure you that on amazon right now, she's getting a lot more. listen to her songs in her library of content. so in some ways it's benefited pulling our content off spotify anyway,

because people are talking about her at the moment, remembering to terrific songs and embracing them on another platform. so it's what 5 rating and liable, i mean, we went back, i want to go back to what you characterize as a hostage video there with rogan. he pointed out that, you know, it doesn't get much attention when he has, you know, pro vac seeing folks on the show like cnn, dr. sanjay gupta and dr. peter hotel. i mean, like you said, you did this just basically people go there is this one thing that you talk about that i don't like. maybe i don't like you as a person because i don't like m m a or i don't like your comedy or i don't like whatever. but to me he's always just seemed like, and i say this with all due respect to him, a curious idiot. he likes to ask the question, i like to get down to things. so it feels like they're just responding to the bad and never looking at what he might be looking at. that was fair. he was getting too big for his britches, roomy, ask me, just go back

a couple of things or isn't it funny that nobody will ever ask, you know, snoop dog or somebody to take down songs about killing the police? let me ask you something. have you ever heard anybody suggest that maybe we should go back and threatened to remove people who still perpetuate the russian collusion? fraud. you see it's a selective form of misinformation, misinformation, dis, information. dad, information. when i was a kid years ago, we had to think on the anarchist cookbook, 971. it was a book on, had a big bombs, and nobody dared talk about taking it off the shelf. but today, we love it. we love to be offended with your mask in your boosting in your tag and your daughter, and i just love it. it validates us and the more we stay at home and the more we become cramped up in this weird little world of you know, the cyber 0 village, the more we're going to just just consume ourselves with this. let me tell you something. bottom line is simply this spot of 5. going to survive,

it's playing music, but this is to teach the next joe rogan and then next, whoever. don't even think about going against the collective narrative, or you'll be this greece, but that we used to call joe joe of arc. if i have about 30 seconds left, where does this all go from here? do we expect that a to continue, or is it kind of done at this point? no, i think this, this is a shot across the bow media companies just to be continually vigilant and mindful that this they, they, they have to monitor the challenge. they have to monitor, that's the message. is that a bank that out there on the service? that doesn't mean that they, they need to control the message, but they just need to be measured and fair and reasonable in the way that information being presented on a global bi. absolutely, very diverse opinion say legal media analyst, lydell and simon gallagher of s p g global. thank you both for giving your insights at it. thank you. and finally, it looks like the meta verse is about to get

a whole lot more funky. as a warner music group announced it will be launching a performance menu in the virtual world. warner is entering a partnership with the sandbox and that diverse video game to create a hybrid of musical being part and concert venue on the platform. w. m g says it's artists will take part in virtual music experiences while the sandbox will eventually allow you to buy virtual property near the themed world. the platform has previously worked directly with artist like snoop dog and dead mouse to produce experiences inside the matter of birth. but there is no word on when the w m. g themed world will launch, but it will surely be respectful and that's it for the time you can get boom bus on to bad at portable tv at portable dot tv. see you next? me. ah i

ah ah, bring you the very latest every out the day. this is all now snow from everyone on with . you're chatting with chinese, a job gashodi she can. hi sharon, my name is rob with

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judgment, common crisis with we can do better, we should be doing better. every one is contributing each in their own way. but we also know that this crisis will not go on forever. the challenge is going to response has been massive. so many good people are helping us. it makes us feel very proud that we're in it together. oh, seem wrong, i just don't hold any world. yes, to shape out disdain becomes the african and engagement. it was the trail. when so many find themselves worlds apart,

we choose to look so common ground. you're chatting with jagger the nutrition to the chinese issue and sending them from dosher rashid camera. hi sharon, this is rob lee with yeah. betty latoya, this is judy with she been wholesale and kelly recruiting court and i renewed my fresh night. you're sure that i was young, didn't get to i learned that refreshing the bathroom and i must be happy. i can. i'm of fact not enough that i'm looking for a family of 50, asking jak here to try to push him on with a thump

. ah, what do we do? go to war with the nato block? has someone thought about this tonight as the president quoted? so talking about ukraine's potential nato membership, something russia strongly opposes meantime, but britain's prime minister toughened this rhetoric against russia and threatens it with sanctions. great consequence consequence. is that a response from the army only? it's not his own, but ukraine's army no job, no jobs. ho way canadian truckers continued to take a stand against covert mandate with the prime minister there. he's calling me a racist and extra is what of a dog to deserve.