reenforced every window with an extra layer of glass and sealed them shot a double glass with we put some ceiling and then a 2nd layer of glass on it both so you can take a brand new hard are driving it and you go to, it won't work if know, it won't work, but a pores there is no such thing as 100 percent protection on the road of bones. this mini van which carries passengers between you, who's going back on got a flat tire. their electric pump didn't work in the cold. so the driver was more than happy to use now worse among the passengers who took advantage of the stop and gazed at the stunning views around us. were a couple of international tourists. hey, so my name is brayden. i'm from way north minnesota, from the united states, setting up towards the on the phone. we just actually pulled over the 3rd time popping the tires on the road, a bunker, the unspoken agreement. here is the, the one off of the problem yourself and help them. it turned out those 2 weren't

the only foreigners would made in my neck on which is becoming increasingly popular among adventures. seeking tourists. we like going to places like afghanistan through dawn, syria and of course, coldest inhabited place on the planet. that's right on the list to the last leg of our journey turned out to be the most difficult. it was dark and we hadn't seen a single uncommon car for hours. our driver was edging and stopped to check on the vehicle every time and dumped over a piece of gravel before there was a knocking sound in the engine. at last we've reached the coldest place on earth. look at that for yeah, last race for the deep freeze. so they go prepare all face parent if you find yourself in that part of the world. so we got for you in this bulletin and we got more great halting programs on the way next, but we're still waiting for the russian and brazilian presidents to address reporters and the credit. when that happens,

we'll cut to the knife for now that thanks for watching on tv with this is when bustling visits show you can't afford to miss. i'm rachel, bob and albert. we're in washington. here's the we have coming up. as the truck protests continue in canada, the nation's prime minister is invoking emergency power to deal with the gatherings . meanwhile, across atlantic, the attempted trucker protest has fallen flat. later on, we'll discuss the state of the movement. then if you notice that housing prices have skyrocketed over the last year, well you're not alone. we'll discuss the surging prices in some of the largest markets in the world. we have a lot to cover, so let's get started. and we leave the program with the latest on the protest, truckers and canada who are opposed to vaccine and mask mandates. caney and prime

minister just intrude o has taken an unprecedented step in order to stop the ongoing protest in his country for the 1st time ever trudeau activated emergency powers that will include the ability to freeze bank accounts of protesters, as well as an effort to shut down crowdfunding sites and taken aim at crypto currency. now the emergencies act passed in $1088.00 requires a high level bar to be invoked. it may only be used in a quote urgent and critical situation that seriously endanger the lives health or safety of canadians. lawful protest do not qualify. and notably trudeau boys to support for farmers in india back in december, 2020. when they were the ones protesting new laws and requirements that impacted their working conditions. canada will always stand up for the right of preschool peaceful protest anywhere around the world and were pleased to see moves towards de escalation in dialogue. anything more, i mean,

are you worried about damaging relations between india and canada? canada will always stand up for, for the right, for preferred peaceful protest and for human rights around the world. and joining us now to break this down is boom by the co hosts. christy i and ben swan are bad. i want to start with you here. just to trudeau says he will not be calling out the military, but he will be cracking down on the bank accounts of protesters as you heard there . he previously said he stood with protesters when they're standing up to power as long as they're peaceful. how far reaching are these power? yeah, i almost feel like we should just sit in for a minute and just think on that statement less than 2 years ago. right? you're saying i, we, canada will always stand with peaceful protests. and then you do this, then you invoke the, this emergency act emergencies act in canada. it's never been used before in the history of the country. it used to be called the war powers act. the name was changed in 88, but it's never been used. and now it's being used, i want to run through just

a couple of things that are included in this. this act gives the government the authority to override civil rights to restrict travel to for bid all public assembly and to force businesses to act without compensation. essentially, it allows for a complete and total control of the government over civil society. and it can only be used in cases of rare and extreme emergencies. howard truckers blocking a bridge between canada and the united states. so severe of danger to the public that these kinds of power is being invoked. it's absolutely insane. it makes no sense and the powers are very far reaching. we're talking about, you know, the, the bank accounts of these truckers are able to be frozen. there is no court order required for that, which means the banks can just do it at will. and of course, the banks are going to do it at will, they're going to do it at the behest of the government. and then of course, they're going after crowd funding. they're going out for crypto currency. they can take away your insurance, they can take away your license,

your ability to drive commercially, and your ability to drive privately. so this is a very serious moment for canada, and it seems like an incredible overreach by the government there. absolutely, and we have to remember these protests have been overwhelmingly peaceful. so for them to take these steps is incredibly concerning. that's a very dangerous precedent. now, christie, part of this emergencies act, gives true to the power to freeze bank accounts and to monitor large and suspicious transactions, including funds used for crypto transactions. so how would this work? considering the role of crypto currencies operate outside of traditional financial structures? well now canada is really trying to step up their crypto currency regulation. so as part of the emergency act, crowd funding platforms and payment services provider that include crypto exchanges and other financing platforms. now my smell register with the financial transactions and report analysis center for canada. so that's going to be a major pain point now for crypto as this just who they need to jump through

because of the peer to peer nature of crypto. it actually shouldn't matter because people are, should be able to donate directly to the campaign without going through a middle man. however, because of the lack of knowledge and how, know how of how crypto works, most people tend to use a platform like a coin base or a crypto crowd funding site instead of donating rather to the money directly. the other issue here is the crackdown on banks and exchange and when you donate encrypt po, unless the gas stations and food vendors that are that they're spending the funds on accept crypto. the group will still need a way to convert the bitcoin back into canadian dollars. in order to use in stores and gather materials, that was the purpose of these exchanges. unfortunately, now as part of this act, these exchanges must also register with fin, track and report these so called large and suspicious transactions. so as of today, all crowd funding platforms and payment service providers must register with fin track, and they must report all these transactions are here. and there should be a little bit of a learning curve there, especially for people who sign up to donate and don't know what all they're getting

into now. but when it comes to crowdfunding sites, these powers also apply already. one bank td bank has frozen an account belonging to these truckers holding about $1400000.00. so on what grounds are they freezing these accounts? well in that particular case, it's because the governor of the province of ottawa, ontario, excuse me, the governor of that province essentially asked the court to intervene. the court ordered that give sit and go, which is the crowd fund site that was used after on me, the court ordered them to freeze the money. gibson go said we're not going to freeze the money. and so instead of freezing it, the money has been seized out of td bank, and it's being held, or teenie bank is offered to actually give the money to the court. but it makes no sense at all. like, why would the court also confiscate cash but, but that's the way it's plain outlook. everything that's happening in this case right now it's, it's like that moment, years ago, rachel,

you might be to your mom. remember this? but brent will remember probably the images of t animal square, right when you're standing there and you see the one lone chinese, a guy standing in the street and a tank that has approached him, he stands in front of it, right? that is a moment that we're living in right now. what's incredible in this moment though, is that it's the media and it's the politicians who are the tank. right. all these people who talk about democracy or the tank wanting to roll over the top of peaceful protesters. we can't lose sight of the fact that the people who are protesting here have not destroyed buildings. they have not set things on fire or destroy businesses or hurt people there in most cases, it looks like a festival, half the time in ottawa, where people are, you know, they have jumping balloons set up in their, in their dancing in the streets. but the fact is, blocking a bridge is a right to peaceful protests. and it's, it's just as much of a right as when, you know, there were folks who were marching across bridges in alabama for civil rights in this country. and the idea that those people should be basically remove from

society and have this kind of crack down. i think it should send a chilling effect through every democratic country in the world. well, said ben, now christie, i am short on time here. but all of these issues taken together seemed to indicate a complete choke point for financial support of these types of efforts. so what is the line between stopping the finance of terrorism and stopping the finance of legitimate protests and i have about 45 sack of laughter. full right now. they are nina and making a distinction there. calling of these protests, illegal and athenian protests like terrorists, even though it's been nothing but a peaceful protests, a very effective peaceful protest that has cost the country about $500000000.00 a day and economic losses. so if this was actually just another peaceful protest with no cost to the government, then sure you can have all the freedoms and rights to somebody and protest, all that good stuff that they touts, it's all well and good. but as soon as it becomes effective protests with real pain, now they suddenly don't like it. now they come out with a new emergency act that they can temporary suspend, a citizen,

right to free movement or assembly, essentially overwriting the charter of rights and freedom. that is actually part of the canadian constitution, which is essentially treating the protesters like terrorists. they've made absolutely no distinction here. and instead they try to spin the fact that there are these potential that the funds raised on these funding par from could be financed by to extremist groups, even though they're currently is absolutely no evidence that point to the case. so it's just the case of the government overreaching in their power again, which i think will only further inflame the situation. boom by script, the bench one. thank you so much for digging into this topic with us and from truckers and canada to protest in europe while demonstrators in ontario have been camped out for over 2 weeks. protesters in europe were cut off before they made it to their destination. it was estimated that around $1500.00 vehicles made the trip from france to belgium, but they found police waiting for them when they tried to enter brussels. some protesters finish their journey on foot and we're seeing holding signs in marching

in the capital city. now some are quick to point out that the police blockade of the city represent exactly why they're protesting in the 1st place. as the caravan follows, protest against faxing mandates that were held in the netherlands. and in france, where police use your gas on demonstrators. the ongoing unrest is nothing new, but given the fact that these truckers play vital role in keeping the supply chain running all their movement has put governments across europe on high alert. so to go further in depth from industrial, hillary and professor of economics at lancaster university, dr. ingram with great have you on the show today. now we know that europe is known for their protest. so what do you make of the response from police to not let caravans of vehicles into cities like brussels or paris? well, i think this was very predictable. i mean, if you look at the case of from, you know, you're going back to 2018, we're on the yellow bus and he felt

a little progress on. he made it very clear earlier this week, but it was really replication of what was going on and off to empowers in particular. i think that would be repercussions. so he mentioned fine. he even mentioned prison sentences. i mention the driving license, this will be tight and why then very quickly, you know, from brussels, belgium, and also made that position. similarly, claire, i did the australian in some way by think, you know, you wrote was for, was the full, came out for article, forgot the president, mike, coming up for reelection in about 2 months. so the last thing he really wants is the capital city sort of gridlocked in the run up to the polls with drop to projects that he's most likely going to wait. and it definitely may be harder to stop, you know, hundreds of thousands of people on foot,

but when it comes to driving trucks, that might be a little bit easier to stop that. we see that they've done that. obviously now we saw the truckers block the ambassador bridge, which serves as one of the most vital supply chain link between the us and canada. what is the concern about the impact they could have had in europe? if these demonstrations do continue or if they're able to maybe break through in some capacity. well obviously, you know, you mentioned the optimal bridge and the industry this particular and the heart, the us most of industry that was supply chain not to do anyway. and this is just exhausted by the problem and how the same thing replicated itself in europe and also, you know, europe, how supply chain voltages and those would was which i think would be from month to european recovery. yeah, and i know you mentioned the supply chain, i want to go further end up on that a little bit. we know that the last year has been marked by the shortage is really all around. so how have those disruptions impacted europe the economy and is it

still in such a fragile state that it can afford for approaches like this one to continue for too long? well, i think it's quite a makes picture. randy, because you have to re genius. you look at the different countries, so in terms of your 2022 growth is predicted to be around 4 percent. but if you look at what happened in the last quarter of 2021, then the full change in the various countries diapers considerably. so if you look at germany, which is once considered to be the power house of europe then, but actually contract if you know the final point 7 percent. but nonetheless, it was a contraction because of course, germany is full of very big all to mighty sector. and the semi conductor shore to get all the supplies to disease into that industry meant it was very badly. hey, spain actually grew in the last quarter of 2021 by 2 percent,

primarily driven by both investments. but if you look going forward, then it's likely, you know, spain is an economy, very dependent on tourism. they were lack the restrictions about non but from 80 children. i think a lot of people are looking forward to forward holiday in 2022. so i think the prospects about that country are quite rosy. i think that still to ought to miss them, but not too optimistic. you to not going forward. so it does look like the only problem very, and have not have the dramatic impacts. we expected the have been restrictions reimpose, but they've not been anything like the ones in the class. it does look like we are slowly emerging out these problems. you know, they're all confused savings. but of course, one thing that is on the horizon, which is true for the not on the me as well,

isn't playstation. so it's predicted the u. k. this is likely to go on even in europe, looking at think us all 3 percent side. we're also facing pricing prices, mice notes of d $3.00, the energy sector. so i think ally, the recovery will continue. it's going to be some bull slower we might have predicted in the past. yeah, it certainly seems that way and we will continue to follow as all of those moving parts play a role in the economy over the next year. dr. hillary, in the end of lancaster university, thank you so much for your time and insight. thank you. bye. and time now for a quick break, but when we come back, the red hot housing market continued the war on in the united states as global prices are also on the rise. we'll discuss it on that. and as we go to break here, the numbers at the club with

with good and bad drink shapes bankers, those with theirs sinks, we dare to ask in it's been such

a year since the soviet union collapsed in misconduct or chill on to what the problem yet no clue, no talk. so. so shown where you also trust someone called tom ukraine was one of the independent states that emerged from the ruins of a super bow. i'm doing awesome. would you also get on google greens? come on board. surely confusing some of the i can last new lease in west indiana better one more law. totally different or else what as a, as a resource for you, the seriousness of this for the teacher developing and finish with watch of the past 3 decades. when like for ukraine, eye witnesses recall the events. this will be more or less due to she was in a deficiency of a little. you know what i knew to know that order. i'm not sure. but i did that for 2 months with marvin windows and what other forces were at play, your producer to whom you show 6 inch in machine, those in you put in the kid what it americans to when it shows up in

was the versions old. nice. take a look at ukraine, 30 years out, the gaining independence door, read your phone with us for dinner unless you mean. yeah, i get it live, but a will. it lets you could view it. okay, i'm not sure. hold on, hold for our the welcome back. as inflation has been taken hold worldwide, we thought we would take an opportunity to look at the booming housing market and the world's most expensive market. hong kong housing prices rose 3.3 percent in 2021. after stabilizing the final quarter of the year, prices in hong kong, still nearly double those of any major city canada, which is 2 of the top 10 most expensive cities for housing in vancouver and toronto

size prices jump more than 26 percent last year. well, australia which also has to top 5 cities in sydney and melbourne, saw an annual increase of more than 25 percent for the year in the u. k. housing prices road that their fast paced in 15 years rising by more than 10 percent. and here in the world's largest economy, median home prices search 16.9 percent the highest ever recorded by the national association of realtors, which begin tracking the number in 1999. so let's go ahead and take a deeper look at the american market. we've got walters, he's a realtor and sales specialist at berkshire hathaway. scott, what have you on the program now? we've seen prices here in the u. s. search since the onset of the pandemic in march of 2020, as mortgage rates fell to kind of pump demand. but now rates are coming back to pre panoramic level. do anticipate price they're ready to level off or even come down a little bit. well, that's the $1000000.00 question, right? my gosh, welcome to the wild world of real. i think they're based

that question on the run ups. we just experience in the height of the, the, by new orient. many would say we are in fact that right now. and it'll certainly be interesting to see where that goes. now it doesn't seem like we're due for an issue like the subprime mortgage crisis that brought on the last recession. but do you see a housing bubble on the horizon and what would be the fall out here? yeah, again, i mean it's the ality of, we're putting the real estate market through the biggest stress test. it's ever in a modern hit street and really get our attention. i mean, the elephant in the room really is everything hinges on the housing market. if the housing market fails, everything and fails, you know, then the last housing bubble, the last one we can look at the away. one of the things that, you know, like you mentioned, it was subprime more mortgage. is that primarily the we,

you know, the cause of the last bubble and so now as we, the, it's, you know, again, they're going to get ready to go up. you know, what's that going to do to this housing bubble? i mean, because the reality is that's not ignore, you know, the fact that this is whether you like it or not. it's a housing bubble because you know what happened with it all comes back demick, but we are seeing the lending industry start to introduce those 5710 year arm mortgages, those adjustable rate mortgages to give people choices that you know, the 30 year fixed would be you know, to, i have an interest rate. well there will it take us will rate mortgage again, but both options out there and what we are going to be a little trick. i hope with our lending practices, who in fact would get these loans are in fact out there. so i think that's something we really need to keep an eye on. absolutely, but of course, as we said, we would be more strict until we no longer have to be strict. and that's kind of the situation there go. i mean, what's the impact of all those people?

i mean, even if we look at, you know, the mortgage is to stay good, but there were a lot of people who rushed out to buy up houses in the last year and a half at 10 to 20 percent over asked price. and they will do it, so it is sight unseen. what happens if those prices drop? what's the impact going to be there? sure. well, you would think not good, right? so the reality is, is when the pandemic 1st, we all took a deep breath stage watching we took a deep breath. we like, oh my god, our life over. and then the cinema made her said dropped interest rates in the flood gates in fact open. and then what we thought was this complete fine you for real estate bear bear eyer heavy. we were way out of balance. you know, we like to have a healthy mix of hers and ours, and completely got out at people that rushed out to

buy. and the desperation and buying is actually really got my attention to be quite honest curse is that what you're seeing? people bugged a pretty vap. i'll un 220 percent waving contingent see faction. appraisals are in fact the at risk risk group is 9. you get through the pandemic. it all back to the pandemic with trans emulator economy. we over stimulate that. so now we're left trying to, you know, rise from the, you know, of that, but the reality is answer your question. point the at risk group in terms of the correction, if and when it comes. people that bought the height overpaying for the real estate . but the ones that would feeder as an absence for scott walters, a realtor and sales special, berkshire hathaway, we hope to have you back. maybe we can get a little bit better,

but can actually do a little hard to hear you. but we appreciate. i know there were some great insight in there. thank you so much for your time today. and finally, if you want to be one of the next phase tourists in your pockets while they're feeling pretty heavy words in galactic as an opportunity for you, sir richard branson, space tourism company has a now it will officially open up sales for tickets to the edge of space starting on wednesday, virgin galactic plans itself. $1000.00 tickets at $450000.00. a pop those who take the company up on their offer. we'll have to put down in an initial deposit of $150000.00. so just a little bit of small change there. now law, the flight may sound incredibly expensive. it's, ah, are they just getting off the ends of the program as expected? a top tier brazilian delegations in moscow right now earlier in the day, the 2 countries of foreign secretaries put their heads together. now the presidents of both in our own food and i've also been talking and get about to give the media the low down on what was said. so let's go live to the kremlin now for that

particular senior, accepting the invitation and came to russia and unofficial visit to strong its precedence 1st, to meet your store of it to our account tree. i would like to say that rash and brazil are traditionally tied. i, relation, self friendship and mutual understanding, partnership between our countries. it covers such a lot of teacher areas and we work together on developing political economical, humanitarian ties. we work closely on the international arena in the us and brings and in the atlanta group. and today we have held quite substantive and constructive talk. so company and we have that you can get on the 8th grade on the joint statement that will outline further strengthening of russian and brazilian corporation. are a countries are interested in consistently broadening and expanding economic

corporation. brazil is the leading trade partner up russia in the la enlighten america and in caribbean, one 3rd don't. russian trade turnover with this region is with brazil last year despite the difficulty is caused by the pandemic of the current of virus and fashion. that trade grew by literally a 7 percent and important role in strengthening economic and investment relations played by that inter governmental mission that held the now the recession last year in brazil. yet and last year, according to the personal instruction by the president. mister bolton, arrow key, brazil, and ministers of the acknowledge blocked by the de trasha who are in charge of energy mining. agriculture limited will be plenty and also in the near future will plan to hold the meeting of the russian brazilian commission of high level carried by the head of the government of brush and vice president of brazil. and i will do that, but we have good results from the russian brazilian and brazilian russian console

is up on for printers. coming to you. that is, that will hold the number of meetings in the business, her color, both countries during this visit. and to night mister bolt scenario will talk to the tread. printers that are sitting in this console us and brazil is always widely represented during the st. petersburg was a international economic forum last year. a bolt scenario made a grading speech to the art discipline of the plenary session via video. and we are grateful to him for this. once again, i would like to thank mister president for such close attention to our forum in saint petersburg. we held that this year on the anniversary 20 people for him. that is going to take place in june to get there. but we will have large allegation of brazil and entrepreneurs and my public figure is we are happy to stave that we

are working also closer in the industrial corporation. and i would like to talk about some projects implemented with the participation of the russian machinery manufacturing and energy companies said company has sally. and also several fell in the summer are supplying components for the high tackling which is area solve the brazilian economy. and russ item is supplying fuel for the nuclear power plants in either toby also and our corporation is rated to build in brazil and new power units, including small power stations, you know, blow with bone in your boat plan based and see base with. and we have unique expertise in this area and we have some technology and that you know, other human skipping which country has it. and we're also working on producing about that and barring.