expressing itself and having this willingness to lead time to the coach, a china is still trying to learn from others and trying to do business with everybody, particularly with russia, with us, which the, you know, it's not a nation. and this is something that the whole world needs to understand. china, history never has this experience of colonization. never has this experience of trying to bully others. always try to make friends with people. ah, well they directly re sell advertised as a content to us and decide who sees what content like when and how much of it.

facebook claims that these algorithms are there to learn about our specific preferences. actually, this is untrue. they are shaping preference. if tomorrow a person finds a fake poor legit video we're saying the earth is flat, then this content ranks. huh. at least 20 percent or maybe even 40 percent or pretty that is true. it was a very dangerous thing. oh is your media a reflection of reality in the world transformed what will make you feel safer? ice elation, whole community. are you going the right way?

or are you being led somewhere? direct. what is true? what is great? in the world corrupted, you need to descend so join us in the depths all remained in the shallows. ah ah. ah, this is boom block. the water is the show you care to coordinate. san breads are born and i marriage of london's in washington coming up. the white house is now

reportedly warning the battle chip industry to get ready to look for other supplies . in response to international conflict will tell you how the current shortage could get even worse. plus it was a good week for markets unless you were here in the united states on friday. we'll bring you the latest behind the weeks gains and losses with the global market walk . and later we take you back to the auto sector where the ongoing trucker protests in canada have now begun to impact manufacturing capacity. to take a deep dive, got to pack show today with debra that we lead the program with a warning that the ongoing semiconductor chip shortage could get even worse. that's according to a new report that the white house is calling on the chip industry to diversify it. supplies, so i think concerns of a possible conflict between russia and ukraine, notably when it comes to the supplies the us uses for making chips. 90 percent of the nissan comes from ukraine, 35 percent of the palladium comes from russia. now the current warning serves as

a reminder that during the unrest in 2014, when the u. s. supported a government overthrow and ukraine, the price of neon skyrocketed more than 600 percent. now, while russia has said it has no plans to invade, and ukraine has even said a russian invasion is not likely, the white house isn't just concerned about military conflict here. it's also concerned about moscow retaliated, if washington pursues any of these sweeping export controls is currently threatening against russia. so joining us now to discuss the latest is boom, us co host christy i. now, christy, let's start with we know that it when it comes to this ongoing chip shortage and especially the united states reliance on countries like russia in china. do they have much room to diversify or supplies right now? no, i don't think there is too much flexibility. here as a supply chain for 70 chips is long and convoluted has given how many borders a chip has to cross in order to get manufactured. currently,

industry experts believe that even if there was a conflict in ukraine, it wouldn't cut off the supply, but it would dramatically drive the prices of me on and thing other things like flooring as well. and that would be problematic if in the already skyrocketing inflation and currently the chip shortage that we're experiencing right now. so diversification, it had been a key recommendation for the u. s. chip industry since last year and earlier on, but as much easier to say than to actually put into practice. chips consist of as many as a 100 layers of materials. and these are the positives and partially removed to form could these complex 3 d structures that all connect these tiny transistors. and some of these layers are just one atom then, and they all help to juggle all the variables that goes into your electronics, such as temperature, pressure, electrical, and magnetic fields, etc. so currently there isn't much flexibility for us to diversify away from its supplies at this point in time. and even if it did, now you have all the supplies. how are you going to manufacture them?

a chip boundary because millions of dollars and years to build out and even then the investment that we've seen, both the us and the you put $50000000000.00 aside from the situation obviously with your local tension. they've put those $50000000000.00 investments. i mean, you think that in the long run is going to make any real impact on the situation. well, as this, of course, in the long run is an effort to bring the supply chain home. the european union used to in the $900.00 ninety's be responsible for about 40 percent of chip manufacturer in the world. and now it's down to 9 percent. wants to get back up to 20 percent. and that is why the 50000000000 those been put on the table. similarly in the u. s. there are efforts on the way to re patry a chip production. we have commitments for mintel and taiwan semiconductor to build major new chip plants in our zona. but these of course, will take time to come on stream, and in the short run where facing

a geopolitical situation in which the united states does not have so much leverage when it comes to sustaining the supply chain out of russia. and of course, speaking of those geopolitical tensions. kristi, i mean, while the u. s. is talking about tensions with russia. tensions with china? main, a factor as the latest report show, beijing fell short of its commitment for phase one of the trade deal made under the trump administration. so where does that leave the agreement? and you know, i know we've talked about reasons for this shortfall in the past, but where are we now? well, there was already huge skepticism that the deal was going to be fulfilled even back when i was 1st thing, i think as soon as it was signed, we all called it a joke and more. and it was more for show than an actual commitment. and through november, china had only met about 60 percent of the goal according to tre data. and the problem is the same thing that we said back then that there is absolutely no

incentive or enforcement measures to the agreement. there was no way that us could force china to buy things that they don't need. so that's why we called this entire deal a big pile of nothing from the beginning. so for now, officials are trying to save face by saying they will continue to press china to region agreement on their purchases. but they conceded that the framework of the deal offer them very little leverage to enforce. so it does leave the current administration with a bit of a mess on their hands, seeing as they basically inherited all of this deal. and certainly it's interesting to see how it has come about, especially in the last couple of years with someone like president biden, who was very critical of trump, then came into office and kept his policies in place. now didn't college when it comes to just sort of that method, the binding ministration now has to deal with. where do you see the state of trade talks right now and where do you see them going over the next year? the united states has been distracted 1st by the afghan withdrawal. secondly,

by the current situation in the ukraine. and of course, the principal objective of the biden administration was to push through the domestic agenda. given all of those distractions, it's not surprising that there's been little or. busy no progress with respect to china trade talks. and one of the most important issues i think, for the us at this juncture is in terms of trade. whether or not there will be an increased alignment between china and russia in terms of their country trades that will perhaps reduce the ability of the us to negotiate aggressively and could in fact, result in russian raw materials flowing into flowing more readily and in greater volume into china, chip making plants. yeah, certainly it's all fun and games for the us until it starts to lose more and more

leverage. dean john called to miami, her business school and boom bus, christie. i think you both for your time and insight. thank you. the markets are trending up for the most part this week, as concert over rising inflation, future central bank policy, and rising political tensions while they're having less of an impact on investors sentiment than you would expect. we start in russia where the mo, x is up, but by a little more than half a percent, despite the political tensions with the west, over the situation at the border of ukraine. savvy investors took the opportunity to buy the dep after recent low in january. rising energy prices are clearly a factor as well. in fact, leading producer ross, which accounts for 40 percent of the nation's total crude output. so it's profit jump more than 6 full than 2021 to $11900000000.00. moving to asian markets, we have another green arrow for the shanghai composite up more than one and

a half percent. the composite decent gains on monday and tuesday, after being close last week for the lunar new year holiday. it did take me her last is to close out the week as the asia pacific region reacted to new inflation that out of the u. s. showing consumer prices jump 7.5 percent year over year in january, another bright point, many analysts are saying the worth of china's regulatory crackdown is likely over at the nation focuses now on economic expansion. in hong kong hung up by more than one percent for the week. and battle property giant, china ever grand group saw some gains on thursday after the company said it hopes to deliver 600000 apartments in 2022, on the hopes of those regulatory was coming to an end. shares in 10 cent alibaba and that he's pop mid week in japan. the new k is also in the green up by more than 2 percent after the deal for video to acquire chip designer arm officially fell through well thought bank. and now it's plants to take arm public,

which caused their shares to jump nearly 6 percent during wednesdays. trade. let's move to india where we have the 1st red arrow for the week for the sense x. but it was only down by about a quarter of a percent, the reserve bank of india. now this week that it would keep interest rate steady at 4 percent. they also kept the reverse repo rate steady at 3.35 percent despite analyst suggesting there would be a 20 basis point increase. now after the decision, the index did see some gains, but not enough to put it into positive territory. in australia, the at sex $200.00 is up by just shy of 1.5 percent for the weak shares in australia did take some losses during fridays trade after the inflation that out of the united states as investors look further, monetary tightening in the us, the nation also saw record retail sales in the final quarter of $21.00 jumping more than 8.2 percent in the last 3 months of the year. and in south africa, the all share is up, bank thing gold miners lead the gains is demand for gold continues. meanwhile, the i m f said on friday, the south african and economic recovery remained fragile with growth expected to

sit around 2 percent. that let's go over to rachel for more from europe in the americas. think brent? here we start in the u. k, where the 50 is up nearly 2 percent for the week. now this comes as the latest data shows, the nation's economy grew by 7.5 percent in 2021. it's fast as pe since world war 2, but with inflation having 30 year highs, the ceo of britain largest grocery store chain is now warning that the worst is yet to come for rising food prices, even as the bank of england continues to raise interest rates and nearby the german dax and french kac are both in the green, despite taking a hit during friday's sell off. now the european commission is raising its forecast for inflation after it hit record 4.6 percent in the 4th quarter of 2021. it now says it is likely to hit 3.5 percent this year. still, well above that 2 percent target as labor shortages and storing energy costs continue to take a toll on the block across the atlantic now to brazil,

where the evo vesa is up over 2 percent. seeing more than one percent of those gains on friday alone. while inflation remains over 10 percent, it was actually right in line with expectations in december. as data showed the retail sector dropped by point one percent, which was less than expected. however, economists are now signing the alarm over citizens who are struggling to pay their debt. as a central bank has raised interest rates to nearly 11 percent and in mexico the algorithm. so neural networks have been following us everywhere. we look online because our relationships are what matters most us, and that's how we find meaning and how we make sense of our place in the world. what silicon valley see, don't mention in that slick presentations. however, the 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 at a really bad day. i could do 10. these workers are invisible by design. it's about labor costs, but it's also about creating layers of lessening responsibility between those who solicit this kind of work and need it. and those who do it with with

welcome back. now, as we have talked about here and, and bus, the auto industry has faced a number of issues. since the onset of the pandemic related to strain supply chains and the global semiconductor shortage. and in the short term, things may get even worse. earlier this week, thousands of canadian truckers protesting the nation's mask and vaccine mandates block the ambassador bridge, connecting windsor ontario and detroit michigan. now the british deals with nearly 25 percent of trade between the 2 nations and is the busiest land bridge between the 2. with much of that made up of auto parts and vehicles. now after that traffic was diverted, the truckers move to block the other crossings in spot. toyota had to briefly halt production at 3 factories in ontario and a shortage of canadian made part is impacting an assembly plant in kentucky. court and general motors have also mentioned disruptions due to the blockade, while still lantis, which was formed by a merger between chrysler and p. a say group, had to shut down a plant in windsor,

which was eventually brought back online. so let's go ahead and take a look at this and some other news out of the auto industry with ryan moody. he's the executive editor at auto trader and lauren fix. of course, our good friend, the car coach, florida. i want to start with you here. everything going on with the supply chain. i mean, how much is a further strain impacting the industry even if it is, you know, i mean, obviously that's huge, but also at the same time, it seems like a small event compared to everything else going on globally. well certainly a part of this impact. now, one of the things that we have to keep in mind, it's not just new cars, it's also used cars and maintenance parts. so we're talking about tires and components suspension, upholstery, interiors come. they do a lot of sub assemblies in canada as well as trucks and cars, and they're back and forth across the border. i guess one of the things that the car manufacturers haven't thought about as there are other bridges across sarnia is farther north, but it's also an option. so maybe that's what they're doing to get product to market. but when you're talking about other components,

if you need to have your car maintained, those are the parts that you get to think about because they're also in those trucks. and that will affect the consumer as far as like tires and auto part repair . so yes it is right. is it, is there a lot of moving parts understatement there? now brian, i know we've talked about how the price of the really a lot over the last year with new car prices rising more than 12 percent and used car prices up a staggering 40 percent. but month to month, growth from december to january has slightly leveled off. so are there signs of some relief here? yes, there are signs of some slight relief, according to kelley blue books, average transaction price, and that's the price of the cars are actually selling for. so that wouldn't be the list price that would include teachers options and services. that's actually down about 2 percent january of this year. and that results in about 850 dollars, 840 dollars worth of savings to the average consumers. unfortunately,

part of this is due to lessening luxury car sales, so it's not all price reductions, but there is good news on the horizon. i think once we get past the 1st half of this year, you'll see a little bit of relief as some things hopefully turn to little bit normal. and i guess when i car prices are up all around, it makes your average car feel like a luxury currently is when it comes to what you're paying for it. now. lauren, when it comes to industry analysts, they are projecting growth in new car sales and 2022 with european sales. 2 expected to be up 7 percent, while the american market will grow by 6 percent and the chinese market will see a gain of 5 percent. now do you see strength in the market? even though people throughout the world are paying more for pretty much everything all around i think there's going to be an ease like brian was saying, when you think about the fact that they're starting to get chips in the starting to get some of these parts going and there will be other ways around using that one

specific bridge or pathway. i think you're going to start seeing more cars coming in to the dealers. once you see more cars coming in, the demand is there. but one supply chain start to fill back up, which are probably the latter part of next year. you're going to see incentives returning, and that will also help bolster the sales and our number should increase. and we'd love to see the demand higher. both new in used cars, but right now the demand is, is only as good as a supply. and so there are a lot of limitations in place as of now, but i think we're going to see an ease in pricing and demand that will increase as leases become do been brighter. what do you make of that? what do you see when we look at what the projections for overall car sales moving in to the next year? look like? well, there's gonna be a lessening of new car sales just for the fact that there just aren't that many available. so even if everybody wanted wanted to, the same demand is in the past in advance right now is, is pretty good. the manufacturers just don't always have the cars to sell. and so as you mentioned before, that puts pressure on used car prices. so it's not possible to have record new car

sales or to beat some of those old records if the vehicles themselves just aren't available. and that would be something measured over the total of the year, notches within certain segments. and i want to, you know, as we talked about the trends of what's gonna happen here in the future. brian, the international energy agency released the new report this month saying evie market share doubled in 2021 up to 8.5 percent from 4 point one percent. that's all globally. do you see that continuing moving into the years to come? it will and i think one of the things to keep in mind, so when we look at the u. s, we still look at electric car sales as less than 5 percent, so that means electric only vehicles. now when you add electrified vehicles includes hybrids. plugin hybrids and electric cars, it's closer to 10 percent. and the reason that's going to go up is because more people will be aware and they're simply will be more electric cars for sale, and most of them the newer ones. anyway, they're quite good. i think if the average american drove and electric car,

they'd probably like it that doesn't solve some of the other problems that come with it. but i still think that as a consumer experience, most people would enjoy it. and now when it comes, it is electric cars, warren, are we seeing the supply chain issues that we are really seeing all around? are they having an impact physically on electric cars, on regular cars? how is that playing out right now? we've got about a 1000000 ok, well, it's impacting all cars. and so that's really important to note. we've got battery supply issues as well. because remember, who is making, who controls the checkmark and who controls the battery market and that's china. so we have to keep that in mind and then left or some sort of eating on tariffs, which we don't see coming as of today. we're still going to have the same problem with chip shortage, battery issues. so it's equal across the board. but brian's right, there's going to be more plugin cars available, great fuel efficient cars, like a toyota prius. i mean, so those are the kind of things that consumers are looking at as gas prices increase. why and absolutely, if you brian point there about want to drive them,

you're going to like, i remember i used to think, you know, test was, i was like it poughkeepsie thing that people really like the 1st time i got in when i was like, okay, i say where people are on this for sure. brian moody, executive editor at auto trader and lauren to fix the car. thank you both so much. and the crypto world creep into the world. the professional sports opened a new chapter. this week as tara and the washington national professional baseball team have announced a deal that could see the use of crypto currency within the teams dc stadium. the sponsorship which was in for a price of $40000000.00. we'll see the teams home plate v i. p club renamed the tara club for the next 5 years, so the move comes is a big win for the crypto spaces. tara will be nagging the v i. p. title from airline giant delta deal also stands out as the 1st of its kind of tears holders, democratically voted on the spot ship deal with the l m l b team. now i'm not saying that baseball isn't the most exciting sport in the world ever,

but i am saying that when you watch it, some of those advertisements do kind of stand out to you a little bit more. would you say that's absolutely, and i think when you're talking about something behind home plate, you're always looking down that barrel during the telecast. so you're always going to see that terra logo, and i don't know about you, but sometimes maybe just because of the curious nature of myself as if i don't know what a company is. i go, i pick up my phone, look it up right away. i think that's going to help her out a lot and i am a likely to begin with aerial bombing and missile attacks that could obviously kill civilians without regard to their nationality. while washington vividly to fix the election, russia invasion of ukraine will look like west the media. speculate on the exact date they think that'll happen. not as russia continues to dismiss all reports as baseless propaganda. the prime minister has intentionally stigmatized and divided

canadians for political gain. canadian politicians accused justin food of vilifying freedom conroy demonstrated for his own ends. as the pm threatened severe measures against protest, the u. s. has warned, it could prosecute russians involved in the controlling surrounding rushing to figure skater camila oliva office. she tested positive for a band substance back.