to co-host ben swan and kristie i will get definitely more expert analysis from you thank you so much. and as we've been talking about all 'd week global markets are still mostly reeling from the economic impact of the kobe bryant teen pandemic so let's take a look where things ended up this week in moscow it's actually one of our few green arrows of the week things looked rough for the russian exchange heading into friday the index was up 5 percent on friday alone so it kind of bounced itself back aeroflot the airline again roughly 10 percent at the end of the week but it's still down around 40 percent year to date now markets throughout asia they're down all across the board on the week shanghai the shanghai composite was battered as western markets took big hits earlier in the week falling to 5 percent the index did end the week strong led by gains in the consumer sector although investor sentiment is up as beijing is getting ready to release trillions of you won in stimulus in hong kong the hang seng is down 5 point one percent for the week again having a rally on friday making up

amazon says the number was actually fewer than 15 and as i mentioned joining us now is co-host of ben swan an investigative journalists as well ben thanks for joining me and i appreciate you being there ready to go when we had a little bit technical issues there amazon has its own side to this story why are they saying smalls was fired. or that their reason is going to get them off the hook but they said that the reason why the fire chris. was late in their bases the . distancing guidelines that have been given stay 6 feet away from people i suppose what amazon is trying to say that in this case by organizing a walkout he was physically closer to people than he should have been so that's essentially the claim that they're making saying that they gave him multiple warnings knots of violate these guidelines and they say that. it's their best workers we can get at and it and chris smalling was caused that to be violated so that and the city led that walk out and now new york state attorney general it issued james called amazon's firing of small disgraceful and said the office of the attorney

george galloway and investigative journalist and co-host of boom bust ben swan will weigh in so ben i want to head over to you 1st what do you make of this attempt at relief for the american people. why there's so a lot of questions about it you know fairing it did a great job right now of laying out for us kind of some of the details of this but in reality even though the senate and congress is saying this is about 2 trillion dollars worth of relief which would make it almost 3 times larger than the bailout that we saw in 2008 but in fact there are a lot of insiders who are saying that this number is actually much higher and when we get into the actual numbers of it it's probably going to be closer to 10 trillion dollars in terms of relief now this is not you know just money being doled out some of it will be repaid because some of it's in the form of loans some is in the form of direct payments so that's a big deal but remember this is also separate from the 4 trillion dollars that the fed is trying to pump into the economy right now so we're talking about a massive amount of money

call markets joining us now to discuss this blue bus co-host and of course cryptocurrency analyst ben swan ben thank you so much for joining us today and you know when we talk about federal bank response as well i mean the bank of canada just friday afternoon as well cut rates to point 75 percent so there varies a lot of action going on and it's moving so so fast as this number one economic crisis if that's what you want to call it is going on as well as the pandemic of the coronavirus so bent the fed announced trillions of dollars worth of new capital injections to calm treasury bill liquidity issues and boost economic activity amid coronavirus risks we know you're not a fan of central banks propping up markets kids being what we have seen over the last few days doesn't the fed have to do some more and what exactly are they doing right now to prop markets up yes so i don't think the fed is the answer certainly but you are correct that markets right now feel like they need to help in a lot of ways that what we saw on friday afternoon was very interesting you said here in the lead up up alm

companies cracking down on while joining us to discuss is boom bust co-host and investigative journalist ben swan ben always a pleasure to have you wish it was always under better circumstances as we keep up with the continued coverage on curb the coronavirus and covert 19 now it makes sense that these tech companies would be working to prevent misinformation what are some of the biggest issues these companies are trying to crack down on. well there's a couple things brand that we were talking about obviously you have the issue of price gouging and you have you know all kinds of sellers who are online who are trying to put out you know products at ridiculous prices but then you also have just bad information misinformation that's going around about a lot of different issues so for instance you know already this week the white house has had to put down a rumor that president trump was going to call for a national lockdown where everyone was going to be required by law to stay in their homes that was not true the white house had to debunk that there are claims online that the new york subway system

industries and joining us now to discuss this is a school bus co-host and investigative journalist ben swan ben thank you so much for joining me today boeing says that typically 70 percent of its revenue flows to its 17000 suppliers and has told lawmakers that without significant insistence the entire u.s. aviation manufacturing sector could actually collapse due to this pandemic is the company right and how badly. is bailout actually needed yes so the company is right in terms of the airline industry is facing significant pain as you know right now because of the lack of travel boeing is asking for $60000000000.00 the reality is they're getting at least 50000000000 headed to the airline industry the drug administration talking about this stimulus package now one trillion brand as you know and of that one trillion there sitting beside 50000000000 of it specifically for the airline industry but boeing in and of itself is kind of a joke in that look they're very important to the airline sector but we all know that they can't just look back at the coronavirus and say that's the problem we're f

suspicious was going on so joining us to explain investigative journalist and co-host of boom bust ben swan weighs in all right ben so bezos made this transaction in early february so he was way ahead of the coronavirus curve taking center stage do you think he was just i guess ahead of what was coming or do you think there was something else that might have motivated him to dump the stock. you know i don't believe for a minute that he was somehow the swami and had this feeling like the markets were just suddenly going to go down and so he decided around february 11th to sell more stock than he sold in all of the previous year and 2019 in 12 months he sold less stock than he did in just a couple weeks in february so that tells you something right there. was a centrally dumped as you said anywhere between $3.00 mil $1000000000.00 and $4000000000.00 worth of stock it was a very surprising move in fact i was looking at headlines back around february 11th and at the time the headline said things like it was just dumped $4000000000.00 for the stock and no one knows why there was no rhyme or reas

pandemic forces more daily activities to move online and joining us now to discuss is boom bust co-host ben swan and investigative journalist of course ben what can you tell us about this meeting between reed hastings and from netflix and the internal market and services commissioner. yeah centrally the meeting was to discuss whether or not netflix can move more of its programming if not most of its programming over to standard definition that's what the e.u. is asking for they one standard definition on as many t.v. shows and movies as possible they say during this time because the more people who are watching in h.d. in high definition the more of a strain that it puts on the internet services so that's the request that's been made of course netflix says they're working on it to see what they can do to be helpful and to keep the internet running this movie as possible but obviously but it's a it's a much bigger deal than just netflix it's netflix is an easy one to say oh lots of people are doing that but the truth is there's a lot more strain just in terms of the internet worldwide right now b

economic impact of the covert 19 pandemic we bring in coverage with jim buss co-host christy i and ben swan but i want to start with kristie let's start with what is going on in markets on friday after just a hugely wild week kristie what's going on here. and despite the fed and the e.c.b. implementing its biggest asset purchase week ever the u.s. equity markets refuse to hold a bid lower and lower highs every papa sold off that's going to be the running theme for the next few months until we get a catalyst to either side futures had a limit up in overnight trading but the gains were quickly faded as we swung between small gains and losses friday only to accelerate into further into the close with the dow now and in the week down over 16 percent but the sell action today is needed as quad witching friday has crushed ball and essentially ended the mechanical sell now going forward the fed reserve is likely to boost its treasury purchases beyond the $500000000000.00 stated by now in addition to treasuries and m.b.'s the fed has also expanded its facility to include new bonds now this is a mov

so joining us to break it all down investigative journalist and co-host of boom bust ben swan so bad 1st the federal reserve of st louis is estimating america's jobless rate could hit a whopping 32 percent that is almost 10 percent greater than the jobless rate during the great depression what are these numbers signaling to you. you know it's a very bad sign obviously when you're talking about a unemployment rate of up to 30 percent you're talking about tens of millions of people being out of work and i don't think we're looking at that in the any kind of long term capacity remember the numbers that just came in for these these jobless claims are people saying i need unemployment right now because i don't have income coming in it that's obviously a very difficult thing for a lot of americans but the reality is is that once the economy starts moving again and all these stay at home orders have been lifted many of those people if not most of them will be able to go back to a job the sooner this comes to win it the problem is if you drag it out over the course of months at a time some o

return we'll tell you how the latest relief package compares to the 2008. 101 boom bust co-host ben swan as we go to break here the numbers out of. the stock market i could imagine trading in a 1000 again on the dow and that would be an appropriate level given the true underlying economic factors the bond market interest rate should be 45 percent in the 30 day interest rate ok that would mean bonds would be down 506070 percent but that's that's separate that's a return to normal valuation and that's what we need right. a dark industry comes to life in los angeles every night. dozens of women sells their bodies on the street many of them under-age. los angeles police reveal a taste of their daily challenge no if you're going to exploit for a child here in los angeles there are going to come out as a officers going undercover as 6 workers and customers to fight the l.a. 6 trade. shows seemed wrong. but all in all just all. the world to get to shape out this day become active. and engaged because of the trail. when so many find themselves worlds apart. just in the for common ground. the cor

update on how the rest the world is dealing with the virus we join or we're joined by bus co-host ben swan ben thank you so much for joining us today. ben when it comes to out how efficient is ai in terms of tracking this virus. yeah you know i guess that's kind of a big question a big umbrella in terms of what you can do obviously it's wide but if we're talking about the specifics you know you mention that company blue dot and what blue dot is doing is very interesting is taking information specifically from social media posts from news reports from government agencies it's compiling all of it together and it's trying to anticipate where there's going to be an outbreak interestingly guys if you look at what they were able to do blue dot and it's a tool was actually able to predict some of the locations of where corona virus was going to be the hardest hit before the world health organization even declared a public warning about it even before by the way the c.d.c. did so the ai seems to be working pretty well in that respect also interesting. you have the alibaba now has a power diagnosti

this all down on what is true and what is not is going post co-host an investigative journalist ben swan ben thank you for your time we're excited to have you now we want to start with the most obvious question here how would actually lifting the sanctions help to fight or even slow down the spread of the coronavirus in iran and do u.s. sanctions actually prevent medicine from getting into the country. so the 2 good questions are the to the 2nd question no there is nothing explicit within us saying that same medicine cannot be delivered to iran and my company of the secretary of state has been saying that the president's been saying that those are true statements however what they're not taken into account and what's being left out of the story is that many banks and firms will refuse to sind medicine or to sell medicine to iran or to sit in equipment that's needed medical equipment that's needed like been to leaders to iran out of fear of st john's in fact human rights watch says this about it they say the results of u.s. sanctions on iran has meant that they have had to deny iran irani

with co-host and investigative journalist ben swan ben let's start with this simple question do we have any idea of the actual losses that americans face when the economy has been forced to stop for at least 2 months. what we really don't right now and this is so unprecedented that there's really no numbers and i've been searching for that really for the last couple of days trying to figure out exactly what the real costs are going to be for not just american families but for small businesses for large corporations which employ a lot of people or small businesses in this country employ the majority of americans and so when you look at for those specific numbers sarah the reality is they're not out there right now what is the actual cost of grinding to a halt the entire major american economy for at least 2 months and keep in mind you have a lot of these doctors and specialists who are saying oh it's to go on even longer than that but the truth is we don't even know that we can go for 2 months this tonight trillion dollar bill as you just pointed out that was passed like by the senate no

break this all down and what is true and what is not is going to co-host an investigative journalist ben swan ben thank you for your time we're excited to have you now we want to start with the most obvious question here how would actually lifting the sanctions help to fight or even slow down the spread of the coronavirus in iran and do u.s. sanctions actually prevent medicine from getting into the country. so the 2 good questions are the to the 2nd question no there is nothing explicit within us that say medicine cannot be delivered to iran and my company of the secretary of state has been saying that the president's been saying that those are true statements however what they're not taken into account and what's being left out of the story is that many banks and firms will refuse to sind medicine or to sell medicine to iran or to sit in equipment that's needed medical equipment that's needed like been to leaders to iran out of fear of st john's in fact human rights watch says this about it they say the results of u.s. sanctions on iran has meant that they have had to deny iran iran. access

fair pricing policies joining us now to break this down but co-host an investigative journalist ben swan ben let's start with amazon why what are they saying about these these accounts and why have they been suspended. yes and what is amazon is really saying is that about 4000 different accounts about half a 1000000 items they say have been removed from the site because they claim that these sellers are violating their fair practices policy essentially saying that they are selling items like hand sanitizers and face masks certain kinds of cleaners and that they're marking those prices up we would call it price gouging right and so what amazon is saying these they removed not only these from the web site but they've actually taken a step further than that they also say that they are sharing the information with state attorneys general and federal regulators about sellers who they believe have been participating in price gouging and they are essentially setting that information over in case those a.g.'s or the feds want to prosecute the white house has become very much involved in this as

think our creditors will too well joining us now to discuss co-host and investigative journalist ben swan ben boeing's always on the headlines these days isn't it well president. president making clear that it's important to support the airline industry and including boeing which is also the nation's largest exporter calhoun now saying that this bailout is not corporate welfare and instead it's the role of the government to help them now is that even a fair statement and how much money is going asking for ok so how much money is going out before how about $60000000000.00 they're asking for which is an unbelievable amount of money but as to the question as to whether or not it's the he's right that it's the government's role no it's not it is not the government's role to bail out companies that are falling apart it doesn't matter how important those companies are ultimately to the nation's largest exporter no matter how many people they employ and wonder how many jobs are connected to them it doesn't matter it is not the government's role to bail out companies now. said that 2 trillion dol

veteran journalist ben swan has long covered breaches of all types including ones that clued government about these and he joins us now with more on this developing story i almost want to say ben should we even be surprised. no we absolutely should not be surprised and in fact not only should we not be not surprised because it's the saudis that's a whole other issue we should be surprised because it was a blowers 'd have been warning the f.c.c. about this and wireless carriers about this for years say that this is a vulnerability that is exploited by more than just the saudi government by the way it's been has been exploited by many different governments around the world the f.c.c. knows that the f.c.c. chairman a shit pie has been notified about it and has said in the past that he doesn't feel a need to fix this problem so the f.c.c. is aware of it there's no one wants to fix what exactly can you help us understand maybe from the ground level what they're doing and how they're doing it yeah it's actually pretty simple so when you go overseas so rick sanchez goes to germany when you're

workers about potential exposure well joining us now to discuss the toast and investigative journalist ben swan and why is it why are workers finding out about this through social media posts and many of them workers only come from the infractions after confronting management about this or hearing news from local news stations why isn't amazon being up front with its workers. yeah i think the answer to that unfortunately pretty obvious which is that amazon is one of the few companies in the country that is not only working right now but is actually increased its supply of work right now they're looking to hire $100000.00 new workers in the midst of this crisis they want to hire $100000.00 new workers and they've increased pay they say by $2.00 an hour which is you know big there but the problem that amazon has is they're afraid if they tell workers that you know people in these warehouses are contracting this virus that people will show up for work and they're probably right we know at least 10 warehouses have had workers who have contracted the virus and yet none of those warehouses that we ca

turning a virus crisis is the co-host of r t america's boom bust investigative journalist button swan ben always a pleasure. so ben the excuse is that we need the military factories and businesses to stay open for national defense purposes but isn't sending over 2000000 people into close proximity in factories and offices does not pose a little bit more of a danger given the current enemy that we're fighting. well it absolutely does look you have to go one way or the other with this you either have to believe that yes in fact people need to stay home and therefore create this distance between them governments are saying that meaning the federal government is saying it state governments are saying it and local governments are saying it so everyone across the board is in agreement about that i don't necessarily agree with them bar owners and restaurant owners don't necessarily agree with them you have you have about 15000000 service workers right now who many of them want to go to work but are being told not only shouldn't you go to work but you cannot go to work you have to stay at home or