of his party, the s t p being one which promotes peace in europe. these compromise on some points already says really in a glimmer of hope. it is ironic, isn't it that the green's, the party of, of peace and renewable energy are leading germany's war hawks against russia. so no, germany isn't dragging its feet. it's very much. nato fought hosting an army of american troops armed with nukes and with thousands more soldiers. on the way. lest we forget, germany has its own military with guns pointed at russia, while its economists devised new sanctions and containment. okay, that conclude saw bulletin, but if you'd like names and i suspect you might, you can fun. most stories on our website simply had to all team dealt with a one day

a wake up probably in 2022. the dollar will have lost 80 percent of its value against other currencies around the world. big point will be at 8 or $900000.00 a coin. michael's sale will be the richest man in the world and it will all happen very, very quickly. but you know, we've been telling me for 10 years like noah, if you didn't get on the arc by now, you know, get an umbrella with with this is them that so and vision say you can't afford to miss a bridge. we're in washington here that we have coming up as we continue to arrive

between the united states and russia. the latter is making everything right. that is tied with china straight ahead. we'll discuss the new gas deal and build in beijing and from gas. oil prices are seeing a rally that is threatening $800.00 per barrel in the near future. then the demand for alcohol continues to store with fear it being a 12 straight year of unprecedented growth. we'll discuss a trend with an expert in the field. we have a lot to cover today, so let's get started. and we leave the program with a blockbuster agreement that virtually guaranteed financial stability for rush is natural gas industry. i'm friday, russian president putin unveiled new oil and gas deals with china worth more than $117000000000.00. these deals are promising to ramp up russia as far east as exports at a time of heightened tensions with european customers over ukraine. and meanwhile, both president, she of china and president putin, of russia issued

a joint statement statement condemning nato and calling on the west to abandon the ideologies. approaches of the cold war joints. now discuss our pool, but co host spend swan and christy i now been earlier this week, we talk about about this situation. and we discussed this, that russia's relationship with china would weaken efforts to clamp down on the north stream to pipeline. how big of a deal is this agreement? well, it's a very big deal for one thing. you know, it really lays out for russia and china. this massive amount of natural gas and oil that will be purchased by china. we know that china needs it. we know russia wants to sell it. what's important about this, and i think it's fairly significant, is it really comes down to the length of time we're talking about a, at least 2 and a half decades, maybe even 3 decades worth of oil, natural gas being supplied by russia to china. that's a very big deal, because obviously what we've seen take place over the last couple of years has been

russia calling on countries around the world to enter into long term agreements for oil. many of these countries have not done that certainly not european countries. and so the fact that we're now seeing this scope and the size of a deal worth, as you guys said at the beginning here, well, over a $100000000000.00 is pretty incredible for russia. and it also weakens the argument that's been made by the biden administration over the last few weeks and months, which is that europe should not by natural gas russia. because if you don't buy natural gas from russia, it will harm them. that has been the goal of these, not just sanctions, but attempts to try to offshore the, a natural gas supply for europe to cutter or to the united states itself. obviously, in this case, it's a lifelong for russia in multiple ways. not that russia was hurting at this point. they're still sending a lot of natural gas to europe, but it certainly makes europe much less important for gas problem. it definitely doesn't, in the cases where russia was looking for a long term buyer,

it seems like china dub dub now christy, we know that beijing has agreed to at least 25 years for this deal has been mentioned. it is this kind of agreement that russia has been trying to get from european countries. so why is this so important for china as well here? i mean, it's significant main. this deal would be settle in europe in line with efforts by the 2 states to diversify away from the u. s. dot. so that will be a major market share last for the us dollar now. and for china, this will be very good saying as beijing said, it's 2060 carbon neutral goal. and china has also had a car coal shortage last year. so it's essential that it shows up fuel alternatives, like natural gas. and this is expected to be competitive with the current liquefied natural gas that china is currently importing. so important, where l n g are expected to drop off to 9 percent in 2022 from 17 percent previously. and this will affect australia and the us who are currently the main export of china's l. n g today. yeah,

and i know that this is certainly one of those agreements that is a big deal for both russia and china. now ben, at the same time, we know that when it comes to those tensions, ukraine is a point of conversation for world leaders who insist that they can crack down on russia by sanctioning the north stream to pipeline. so how does this deal impact those strategies? well i think it has a huge impact on it. you know, obviously this deal between russia and china has nothing to do with nord stream nor stream to would not be used on any level. so we really put the u. s. in a pretty tough spot. right. because you've been making the argument now, the rest of europe, specifically to germany, that if russia does not sinned, a fuel through ukraine and, and at the same time, pay those transit fees to ukraine, that it would ultimately be bad for ukraine. and so one way for europe and specifically, you know, nato countries really to punish russia if they don't, is to sanction, nor stream to, or to move away from that,

that natural gas. here's what we're actually seeing take place. so trying to get to long term agreement, which is good for china, as christy mentioned. and what we're seeing is that europe is in the same spot, they were in before short term spot market agreements for natural gas and oil. which means that their price remains much higher than it needs to be. the u. s. continues to make noise about the problems of russia. and right now we're seeing something that is incredibly significant in that russia and china are just making a deal on gas. there, issuing statements about nato saying, you guys need to back off cold war policies. you guys mentioned this in the lead up here. this is also very significant because now you've got these 2 countries, essentially saying is what it sounds like to me. war with 1 may be war with both. and so europe is not going to want to involve itself and that the u. s. shouldn't wanna involve itself in that it's, it's insane policies and everybody needs to back down a little bit and get back to some, you know, reasonable diplomatic conversation. instead of beating these war drums,

and now kristi, i got about 45 seconds left here, but this agreement also impacts nato, as china and russia have released this joint statement condemning nato and it's cold war ideologies. what does that mean during that time heightened, talk of war with russia? well, they're making a reference to history, hoping that the less learned from history and that a cold war will benefit no one. because yet there are different ideologies at play here. but why does adding a not a lie as an ideology different than the west, a threat? it's literally the same mentality that we used to have over and over again. most of the wars waste in the past where over different religions and accusations of anything different being a threat that must be aquash before it poisons of people. and now today it seems like we're treating different ideologies the same way. and it's very apparent from the attendance at the olympics now where apparently new sources were very quick to point out that 12 of the 21 world leader is attending rule non democratic regime. so it shows that the cold war era mentality has already permeated into sports and

olympics to which is a very dangerous view to take on. and russia and china are urging the west to not fall back into another cycle where they're merrily reliving the mistakes of the past. absolutely, we'll continue to follow all of these stories boom by ben slot, christie. i think you think thing in the energy sector? oil prices continue to store with west texas intermediate surpassing $90.00 per barrel for the 1st time since 2014. that puts the us benchmark up over 20 percent so far this year. efforts are gains of 50 percent in 2021 alone. it also signals that a $100.00 per barrel oil is right around the corner with international benchmark break crude over $93.00 on friday after a hit $90.00 mark earlier this week. but opec plus can, can you just say it's sticking to his current schedule is by months of pressure from the by ministration, the cartels on wednesday, we continue with the planned increase production by $400000.00 barrels per day and

appears to be shrugging off concerns over ongoing geopolitical tensions all enjoying those profits as increased demand hits, limited supply journey us now discuss the latest david tall president of protein capital. david, it's great to have you on the show today. now we know that oil prices are officially a 7 year high here in the u. s. so what is fueling this latest rally and how fast you see that $100.00 mark approaching? i see the plug approaching really quickly. probably within the next 3 months, i think panic is already starting to go ahead and set in. i think we're going to hear some rhetoric certainly out of our ministrations regarding please again, maybe to opec. in addition, talks about strategic reserves and car, the last ditch effort to go ahead and keep the price of oil down. before we go on. let's go ahead and step back for a 2nd. who would have thought 2 years ago that the u. s. would be fighting

a multi front energy crisis right now. 2 years ago we had record low oil prices, record low natural gas prices, and people were panic that there was not going to be a way to incentivize. drill is to drill. and now we're talking about a natural gas war with china and russia, and we're talking about an oil war with opec. and david, the question now becomes because when we do hit that $100.00 per barrel oil, the question will be how high will prices be allowed to go? have we got any indication from opec or the biden administration of just how high they will let this get before they actually do something, whether that be opening more drilling? i don't think the strategic while reserves are really the answer here or opec actually putting more supply under the market. triple digits is when the sirens start to go off. once we see a $100.00, that price alone is going to go ahead and,

you know, put an all hands on deck out, alert to everybody. frankly, that is an oil consuming country. and the us wants to become not an ex. net export or but now wants to become a net importer because we want to go ahead and redirect our resources towards renewable energy sources. right. and certainly those warning signs are now the earliest they should be going off, given the fact that we keep getting higher and higher here. now it's been interesting to watch because the message that opec has been sending the buy in ministration for months now has been if you want more supply than pump yourself. but other than releasing strategic reserves, i mean, have we seen anything from biden to indicate that he will be turning the us producers more in the munster. com or does it seem like he is going to just keep complaining about he's definitely going to keep complain about opec. i mean, production in the united states is supposed to go up in 20222023. so we should get

more production out there. the question is, is whether that supply is going to be enough to go ahead and you know, satisfy the demand. in addition, we had earnings this week from all of the oil majors and they recorded incredible profits. exxon chevron shell, all the conoco. philips all did incredibly well. but what are they doing with their profitability? they are not putting into the ground. that is not what shareholders want. not from a policy perspective and not from financial and economic perspective. they are going ahead buying back stock, paying out healthy dividends. they are not going ahead and putting it into the ground, and that becomes a bigger problem, right? we will continue to have this conversation. i think yours 3 to 5 from where we are right now. are going to become incredibly painful if you think it's crazy right now . talking about a 100 a barrel. i am scared to she's 3 to 5. go ahead and bring. yeah, you're not alone and that one will see how close we get to that. david. tell of for

jane capital. thank you so much for your time and insight. thank you. the global markets are training up for the most part is investment. look for insight from another week of earnings with a focus on tech in the last few days. while central bank action and continues to remain in focus, we start in russia where the mo, exits down for the week by one and a half percent on the news that deal between russia and china that we talked about earlier in the show. oil, producer ross and f was up more than 3 percent. while gas prompts are gains of over one percent geopolitical tensions with the west that were enough to push the overall index down for the weak amid risk further sanctions against russia. as energy prices continue to rise, investors are seeing huge upside for russian stocks in the future. moving to asian markets, the shanghai composite is flat, as it was closed for the entirety of the week in observance of the lunar new year

holiday. we will take a look at what impact the winter lippitt games in beijing will have over the next few weeks. now over in hong kong, the hung sound is up jumping nearly 3 and a quarter percent in its single day of trading on friday, as it was also close for the majority of the week for the new year, holiday financial stocks popped with hsbc and standard chartered up nearly 5 percent after the bank of england raised rates again, technology and e. b stocks also saw significant increases during fridays rally in japan. we have a green arrow for the nikkei, gaining nearly 3 percent for the week, for the 1st positive week in more than a month in fact. and he lost more than 6 percent in january for it's worth months since march of 2020 strong sentiment elsewhere in the world helped to prop things up in japan. but policy tightening by central, based throughout the world have investors concerned it might affect the bank of japan's feature policy. and in india to send faxes out by one and a quarter percent for the week, despite being up for the week board and selling of indian equity. it's highest

level since the last global financial crisis with $4500000000.00 in stocks being sold in january as global market space. those if it can't sell off. and as we've discussed this week, the government is projecting growth of as much as 8 percent and fiscal 2023. the government also unveiled its budget for the year with an emphasis on infrastructure projects to push growth in australia. the assets is up by 2 percent for the week. the index was able to weather the storm as equities elsewhere have been volatile and made earning season. the reserve bank of australia on friday said it sees cor inflation hitting 3.25 percent in the 2nd quarter of this year, while unemployment will fall to 5 decade low. it's now with all of those projections, the central bank said it is important to remain patient when it comes to tightening its policy. and in south africa, we have a green arrow for the all share. as local economies continue to improve, invest your sentiment in south africa is improving as well. weekly gains were limited as the mining index lost more than one percent on thursdays we,

commodity prices and central bank action took a flight, told their now let's go over to rachel with more from europe in the americas thing . frank. here we start in the u. k. where the city is up, the next was carried by gaines and mining energy and bank stocks. now this comes as a bank of england voted to raise interest rates and back to back sessions for the 1st time since 2004, becoming the 1st major central bank to do so. since the start of the pandemic nearby, the french cack and german dax are both in the read this week. new data from the 4th quarter of last year is giving insight into the slow down in europe. the industrial sector, putting its recovery behind both the u. s. and china, now there's all comes as inflation hidden all time high in the you coming in at a record 5 point one percent in january. however, the european central bank says it is not moving to raise interest rates just yet across the atlantic. now to brazil, where the even best buy is down, the latest predictions are bringing about concerns that the nation's ongoing recession could get even worse this year as

a by change shortages and severe weather continue to impact output from so we've been crops to iron or production never the central bank confirmed its 3rd straight interest rate hike of 150 basis points this week, while also signaling this could be the last one for a while as rates are past 10 percent, while inflation remains in a double digit and over in mexico, b, m v is in the green. this, despite the news that the country became the 2nd, a latin american economy to fall into a recession in the 2nd half of 2021. now, in addition to supply chain shortages and energy prices, mexico is also battling inflation at 20 your highs. this, as the government says, it is planning a multi $1000000000.00 infrastructure package with private companies that will attract more investment from the us. and here in the us, the tao, the nasdaq and the s n p are all up for the week. the labor department reported on friday that job growth was much more than expected with non foreign payrolls hitting $467000.00 in january. significantly more than the $150000.00 that were

predicted, the labor force participation rate also surpassed 62 percent marking its highest level since march of 2020. now it's all green about concern from investors at the fed will continue to pursue the plan of multiple rate hikes this year. and finally, over in canada, the t s. x is in the green. i've nearly 2 and a half percent for the week. the bank of canada has resisted those interest rate high so far, despite inflation hitting 30 year high. however, the latest report shows canada actually lost $200000.00 jobs last month, raising new concerns about the state of the nation's recovery. now moving into next week, we will continue to keep an eye on the state of inflation around the world. started out for a quick break, but when we come back, alcohol sales have been roaring over the past decade. it's ashley, during the pandemic, just on the other side, we discuss the boom with someone in the industry is going to break the numbers.

suppose the ah. well, the pandemic, no, certainly no borders, a tease and you fresh as a marriage, we don't have a therapy. we don't have a vaccine, the whole world leads to take action. that would be ready. people are 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 great. the response has been massive. so many good people are helping us. it makes us feel very proud that we are in it together

with o tobar 1962 in a period known as the cuban missile crisis united states. and then the soviet union were on the brink of war, phosphor to february 2022. and the americans and russians find themselves in a similar to a powerless situation. this time on the russian ukrainian border will diplomacy as in 1962, be enough to prevent war in 2022 with

ah, welcome back. as we continue to take a look at how different industries are recovering from the coven, 19 pandemic. we thought we would take a look into how the alcohol cells have failed over the last year. now, sales and spirits in the us rose by 12 percent in 2021 to a total of $35800000000.00 rising for the 12 straight year. according to data from the distilled spirits council of the west. the chalk this up to some bars and restaurants, reopening consumers buying premium spirits for at home consumption and the growing premium to q a market. now winds sales remain stable according to the silicon valley bank, wind division. as for the other portion of the industry, beer sales for the 52 weeks up to the november 1220th of last year, they fell by 3.6 percent. according to nielsen i. q. interestingly, the distilled spirits councils data also showed sales of pre mixed cocktails,

jumped 42.3 percent to over $1500000000.00 with analysts believing this 8 into beer sales, which have been falling off for the last several years. due to an increase in consumers buying hard seltzer, which saw 35 percent growth in 2021. so let's go ahead and get some insight from the industry with chris moran. he's the founder and ceo of ghost tequila. thanks so much for joining us. chris, we really appreciate this. now, i know before you ran your own company, you were a bar tender, so you kind of lend some insight into the industry as a whole here, even though we've seen growth, how much have bars and restaurants operating at a limited capacity affected alcohol sales shell. if you go back to march of 2020, i think brands like mine and many others who are really right off the bat because the bars and restaurants all close down. and i think that over time, that's love, that's come back. and really this year you're seeing the bars and restaurants,

even that limited capacity pump out numbers bigger than 2019. so i think consumers are excited to get back in the bars and restaurants and you know, we're drinking more than ever, which obviously is great for us. and certainly when you take something away for a certain period of time and then you bring it back, people are more excited than ever to get back to it. now, as for the beer industry here, why do you think that we're seeing a downturn, as it seems like craft worries are still popping up all over the place and there is more choice than ever before. i mean, is this push toward ready to drink cocktails and hard salters, really eating into the industry here? i was sure they're definitely taking a piece of this. i think you've seen over the last couple of years with, you know, especially with cove it and they shut down and bars and restaurants. people looking for that same experience at home and played a big part of that. but also just this huge surge in the copy of themselves. i think that over the last year, 15 years talk deals have been come so prevalent when things shut down,

people are looking to do that same experience at home. and so integration in the spirit category with brands like dose, you know, or goes 100 percent of got a killer, but it's also spicy and i think it's a hot trend in bars and restaurants are grow is attributed to that trend going on at home as well, it's become easier to make re caulk, gills at home. and i think, you know, as people also worried about health and better for you, we're starting to turn away from those heavy beers and go to spirit based cost cocktails. and that was what i was going to get to that because one of the things that was mentioned with the uptake and spirit sales was the interest actually in premium and kraft tequila, which i actually didn't know there was much of a market for. and then we re, company, we now down here we are today, but we know that your expertise, so why is this area of business having such a moment? right now, when you know, for several years there have been a lot of to keel is on the market. sure why, in my opinion, i think anything you can make with any other spirit taste better with the keel, but again, you know, not everybody agrees with me. but i think that the,

especially in the u. s. there's a, there's a large mexican culture tacos have been, become a thing and, and tequila plays hand in hand with that. i think you start to see, you know, twain johnson and george clooney. and now even the car dashes come out with brands . i think they're kind of making this category go mainstream and with mainstream comes a lot of brain innovation and smaller brands like ourselves that are really, really able to grow with this boom. well, absolutely. well, chris miranda, we really appreciate you kind of wanted some insight into this sector with us. founder and ceo of goes to kayla will talk to you again about all of this awesome, take your dust. and finally, if you see something on twitter that you don't like, well, you may now have the option to don't vote it as the company makes its newest feature available around the world. now twitter, so that is using the new tool as a way to promote the most relevant replies within tweets. but it's also raising concerns that it could be used in cases of target harassment or to bury descending

opinions on the platform. now the concept is actually nothing new sites like read it already have a system of up both and down both on every post. however, while read it shows the number of votes. twitter is expected to follow the path of youtube in which it makes the down bow or dislike button available, but it doesn't tell you how many people have clicked on it. and while facebook users were once petitioning for a dislike button, it doesn't seem like twitter use or too wild about the new feature, nor was it a popular request. now this is one of those things. i'm not too sure how it's going to roll out, but i can't say that i'm a fan of it. i mean, we've already got replies like everything you need, why they haven't down, but i don't know. but if i'm going to have to see more and more people in the comments go and ratio, it's not going to be did you get? well, they were there. and that's it for the time you can catch boom bus on demand on the portable tv app available on smartphones and tablets. google play in the apple app store by searching portable tv, portable tv. you can also download it on samsung,

smart tv and roku devices, or somebody check it out at portable dot tv. well see you next time me. i algorithm. so neural networks have been following us everywhere. we look online because our relationships are what matters most us. that's how we find meeting and how we make sense of our place in the silicon valley. see, don't mention in slick presentations. however, other ghost workers who train the software humans are involved in every step of the process when you're using anything online. but we're sold as this miracle of automation behind your screen. it's a valuable workforce that feeds algorithms for next to nothing. and a very good day,

i could do $5.00 now. a really bad day. i could do 10 use workers are invisible by design. it's about labor costs, but it's also about creating layers of west any responsibility between those who solicit this kind of work and need it. and those who do it a financial survival guide, liquid assets are those that you can convert into quite easily. the keep in mind know as a to mean to equation better, watch guys report a digital smart city is a city that using technology to make people's life easier to have beer, collecting a lot of data to try to improve the way things are in theory. these big organizations that are amalgamating and pulling all that data together, they're not looking at you as an individual necessarily people's data being

collected more so much data that there's a real possibility of privacy violation. and that's something most of us wouldn't want to world transparent, but we must live with permanent surveillance. ah, this our top headlines right now on our end to national news outlet. bloomberg inadvertently publishers a headline saying rush was invaded ukraine. it has a problem to the covenant, to have a good joke about it, linking bloomberg to that of fake news truckers in canada, protesting mandatory vaccine dubbed by and from the gofundme each side of the raising millions as the platform accuses them of inciting violence. the fake news cbc is telling us, well, these violent truckers, nobody supporting us. yeah. why don't you cbc come down to the soup kitchen and try

to feed some homeless people or help us clean the war memorial.