l l c. thank you both for being here. d quote. i want to start with you in fcc chair gary gansler statement on the issue. he said he worries that average investors may not realize they hold stock in a shell company rather than a china based operating company. how are these companies actually listed in the us? and what exactly does all of this mean things sprint. so these are variable interest entities that are essentially listed as a diaz on the exchange. they are, as you have implied, not necessarily transparent to shareholders and especially individual shareholders in the us regarding the legal structures. and that's part of what miss against are, is targeting here. this is a continuation of an effort to tighten up regulation and transparency with respect to chinese, 80 listed companies of which there are about $400.00 on the american exchanges, including about 10 stay don't enterprises. you'll recall that there was an effort made to tighten up on the auditing really regulations regarding disclosure by these companies. and now following the meltdown of the dd, global by p. o, which of course cost american investors and their advisors, a tremendous amount of money. as you indicated, there's now a backlash in the us to make sure that there's more transparent disclosure by these chinese entities. now tabio staying on the subject of trying to avoid losses in the future. i mean, when we look at that $12800000000.00 in chinese listing so far this year, and of course in d d taking losses and the regulatory scrutiny. is this all about the fcc trying to avoid some kind of market meltdown of chinese stocks? your father optimistic and generous your interpretation of the actions. and i think if i look at that and say they're trying to make things worse if anything. so they're adding new dispos requirements into the chinese stocks in terms of and now trying to companies going to require disclose what actions might the chinese government take that might impact you in the future. and of course, there's no on the way to answer that question. and what that does is opens up the chinese companies, future losses for shareholders more than anything else. so i think the fcc is wrong and helping is making things worse, perhaps in a burst consciously, unconscious guy don't know, but it seems we are in a phase that was come to about tension and i'm most between debating washington. and this just seems like a manifestation of that. so i think he's doing the opposite that trying to make things worse back could definitely be the case with all of those rising tensions between the us and china. now, dean quotes, let's look at the response from chinese regulators. here. it seems that they have been particularly tough on chinese tech companies listing abroad, along with all of the economic tensions with the us. do we really expect these 2 sides to work hand in hand to make this work? are you is optimistic or you more pessimistic the way our tabio is while i'm, i'm a little bit more on the pessimistic side. i think china is very much focused on internal issues and that the measures that were taken against d. d global for instance, were essentially reprimanding that company for listing on the new york exchange. contrary to what beijing had asked me to do. so i think paging is interested in sort of reining in these chinese companies are not particularly interested in the welfare of american investors who buy their a diaz. i don't think china needs the capital investment of american investors as it used to do, perhaps 5 years ago. so very much of an internal focus on the china side. and let's face it. chinese stocks over all have gone down 22 percent this year while the s and p is going up 18 percent. you know, that's a manifestation of the increasing perception of political risk that's associated with holding chinese diaz in the u. s. and now octavio, there's another story as well as we talk about this regulatory landscape. shares in a group of gaming related companies including chinese, heavy weight, 10 cent, and net is punch tuesday after a state o newspaper criticize online gaming as quote, opium for the mind and called on further restrictions on the industry 10th. it was down 6 percent with net. he's losing a percent on shares, listed in hong kong, overall tech on the index. the last one and a half percent for the day. do you see investors or do investors see this as the next front for the tech crackdown in china after what we've seen over the last several months they should have said that with apologies to call it marks, of course, that religion is the people or the methods so i guess we moved all the way to video games now the opium of the mind, which is progress of a sort, i suppose. no, i think i think from what was happening here is that the chinese government has always tried very hard to keep its pulse and maintain control of what it thought, what the strategic sectors in the economy and not in the past with things like banking a lot manufacturing sort of heavy manufacturing sort of mineral extraction, things like that. so they held on to steal foundries and things believing that was the future strategic sector, 2030 years old and doesn't look like those sectors that, that strategic and other areas are sort of got away from them. and now the whole areas that they're trying to catch up on. so i think the chinese communist party feels like they've lost controls and very serious parts of the company and trying to rain. and the fact they thought were important. the past is simply not relevant anymore. and thoughtful, it's happening sort of catch up as catch up on the strategic factors and bring them back under control the quality of 30 seconds. why do you make that last point there? from octavia. well, i think those i think are 12 years right. but i think in addition, the chinese government is very interested in social control and not letting video game activity get out of hand among young children and frankly, tense. and the other companies in this industry going to have to play ball with the chinese authorities to continue to operate. so there's a license to operate concepts in china that involves working with the central government and respecting social policy as directed by beijing, right. of course, it should be noted that china obviously recently actually lifted restrictions on video games as a whole. in recent years, john clouds jean of the my american business school and i have your moran, the ceo of optimist. l l c. thank you so much. greece and turkey are being hit with mouth of heat waves and wildfires which are crippling the nation's right now. in fact, the prime minister of greece says the heat wave is the worse in 30 years. so joining us now to discuss this and how it's impacting countries already struggling from europe, cobra lockdown is boom bus co host ben swan who joins us from greece. now ben, give us an idea of how severe this heat wave is. what's it like there? yeah, it's pretty incredible guys that we're talking about in athens today. it's a 108 degrees fahrenheit, which is just a staggering number to consider. yeah. and really, this has been the case all across greece, 20 degrees hotter than it normally would be this time of year. it's the hardest, it's been in 30 years. we're talking about in 1987 was the last time it was this hot increase in 1500 people died that year because of heat related deaths. so this year the numbers so far have not been, you know, to that point. but i

l. l. c. thanks so much for your analysis today. thank you. and time now for a quick break, but when we come back, we take you back to the airline industry where the delta variant of cobra, 1900, is raising volatility in the sector. we have an expert on hand to bring us this data flight. that's going to break here, the numbers of the quote, the with the ah now we have cigarettes, i just heard that it was a healthy alternative to figure out how do we trust tobacco companies with their message that these new products are actually going to reduce? are these are making the tobacco. floors americans love buying homes? ah, this was a funded mental part of how our political leadership and our country, large, understood the bargain. you get a whole and then you know, rebel right, as the things you don't revolt if you have a stake in the system. be really interesting to dial back and think about the longer, deeper history of what housings meant in the united states. not just that old question of the american dream, but the bigger question of who the dr

l l. c. thanks so much for your health today. thank you. and time now for a quick break, but when we come back, we take you back to the airline industry, where the delta variant of cobra 19 is raising volatility in the sector. we have an expert on hand to bring us this data flight. that's going to break here, the numbers of the quote, the look forward to talking to you all. that technology should work for people. a robot must obey the orders given it by human beings, accept where's the shorter? in that conflict with the 1st law show your identification, we should be very careful about artificial intelligence. at the point obviously is too great truck rather than fear i would take on various jobs with artificial intelligence, real summoning the theme in a robot must protect its own existence, was rather driven by shape in me. i think we dare to ask i painted upside of the pandemic kenya's experiencing. and elephant baby boom. 200. why this? can you have so many cars? and how has the pandemic impacted people's lives? is andree role is a fairl

l. l. c. thanks so much for your analysis today. thank you. and time now for a quick break, but when we come back, we take you back to the airline industry where the delta variant of cobra, 1900, is raising volatility in the sector. we have an expert on hand to bring us the data flight. that's going to break here. the numbers of the close, the my recent studies, 90 percent of all the money per thing for all the different programs never leaves wall street. right, so just stay on wall saying here's an infrastructure bell rose tunnels bridges and they the 2000 page bill, they numerate all the things where this money is supposed to go. and then they pass the bell. then they authorize the money to be printed and then they sent it for distribution to wall street. a lot of places on a be key that very clearly in the money philosophy chart, which is always going toward 0, that never goes anywhere on wall street balance sheet and they use it to buy expensive property. and that's been the story now for more than 20 years. who want to make note, you know

l. l. c. always a pleasure. to have you on our tabio. i know that are we know that is to say that hurricane ida forced to shut down of oil production in the gulf of mexico, which had caused all prices to go up before the storm weekend. beyond that, what is the state of oil amid these increased cases of the delta? very well, i think the the hitting the gulf coast rapidly. right. there was a shut down oil production oil platforms in the gulf shut down. so there's a spike. the end of the oil prices due to that, but that looks like it's behind us now. it has weakened quite considerably. so there's no exc and the long term impact in terms of production. i think on land the, there's some power outages and that remains to be seen how that will unfold. but it's looking like there's some pretty severe power. outage is not going to hit the refining capabilities on land. and the gulf coast is a very, very big refining sensor. so what we like to see there is a burst of prices for the downstream product. so for gasoline for heating, oil for kerosene, thinks about sold. so crude oil seems to be a k, at least inheritance terms of either, but certainly the delta varies having a big impact there. lot of crude oil funds, wayne's transportation that was on the deltacare and the way on that was on line. seen cancellations and reco cancellations. having that, so that's gonna weigh very heavily on that. so we're already seeing the impact as you point out in early august. we were up about some type those of our that's come down with 20 percent. so it's weighing heavy already on in terms of oil prices and it took ok, class members, specifically the car out the fact that leader saudi arabia and the united era veterans to come to terms on this latest increase even with demand starting to weigh. do we expect the group to change its policy? come wednesday? i did it. they're going to change wednesday, but open house throughout the crisis throughout the kind of crisis manages our quote and production levels are very, very careful. closely. now back in april of 2020, we basically saw oil prices krazer over responding quite quickly by cutting and re slashing production closes. so they've managed the oil prices very, very carefully. and i think that on the very effectively, i would expect them to be looking at this very, very closely again to see the new flash production. again, i think the power to the risks look as if they are going to do that. so maybe not on wednesday, but certainly in future meetings, i would expect them to better have to consider that. and you think after they had such an issue coming to terms with that latest increase of $400000.00 barrels per day. and i know it with a lot of, you know, who got what and where to came from. but do you think that's going to take, make any issue for opec plus when they try to come to terms on maybe an agreement as you know the delta very, it continues. well, that's a very good question and i think is a little dancing and promising around people with before they reach any sort of agreement. and they make it seem from some sort of historic event. but it seems they do the things that they're in the, in the interest of the cartel ultimately. anyways, so i think they'll do this again and go through that process and they might be some theater back and forth in terms of fight between the u. e. in savvy, but ultimately i would expect them to cut the production again as we see sort of things slow down. once again, i want to take a look at kind of some broader economic news coming out monday as well. europe largest academy, jeremy reported its national inflation rate grew to 3.9 percent in august the highest level since december of 1993. while consumer prices rose 3.4 percent. i 13 year high central breakers are saying this is just temporary. i know where have we heard that before octavio. but is this all about supply chain disruptions in germany? what are we thing there? it seems to me that head of the right bank in 1923 and early 1923 said exactly the same thing. is that the way this is a temporary thing just before the country devolved into a state of hyperinflation. so i'm not, not so yes, the thing is temporary, but the, the european central banks pursued an unbelievable monetary policy. of course, the past 5 years basically yields on 10 year bonds have been negative since then. they've got positive for a short period time, but essentially negative for the past 5 years. that makes no sense. the common that is pumping a huge amount of money into the economy. and it's surprising that it hasn't more inflation already. so we're starting to see this inflation we are type, i didn't think it's going way. i don't think it's gonna be temporary. i think when for a long about of inflation for years to come out. and now, coming back to the whole more central bank news, the mass cheap economist told the financial times that if the u. s. federal reserve were to withdraw, it stimulates measures sooner than expected. it could have a huge impact on emerging market. even thing $4.00 trillion dollars could be wiped from global gdp if there was emerging market, where to face new waves of coven infections and the fed ramp down it's policy. what do you make of that assertion? well, i'm not aware in the clinical literature of a single pace of code being cured by monetary policy. my low interest rates. so maybe they're on to something that i didn't know. the real problem is, of course, economists get shut down important segments on work anymore. and it's hard to see how low interest rates actually address that. so i don't think it's going to work out this time i, i think low interest rates have their place perhaps in terms of policy instrument. but to think that you can weigh lay the impact of cobit by the loan straits. i just don't see how that supposed so remains to be seen. i doubt that's going to really help in any way meaningful able octavia moran, the ceo of oper miss l l c. thank you for your insight today. thank you. and after a summer of economic rebound for the countries of the european union, the block is recommending member states hall non essential travel from the united states. after it was added to the safe list in june, the decision comes at the delta very has spread like wildfire in the united states with the nation seeing the highest number of cases since january of this year. the news could come as a major blow to taurus related academy such as grief which saw 51 percent increase in taurus revenue in the 1st half of this year. but the u says the decision will not take away the quote possibility for members states to lift the temporary restriction on non federal travel for fully vaccinated travelers, the u. s. would not be alone in this travel band. however, as other nations, on the blacklist include israel, lebanon, and several baltic states that are not part of the apple and google are about to get hit with a whole new set of regulatory

she's also the founding partner brooks law, l. l. c. thanks so much for speaking to us on how to 0. want to brooks. first of all, can you just talk to us about what a conservator is actually meant to do and how, why in some cases, their broad power and actually lead to issues of abuse like financial mismanagement and like the position of restrictions. sure, good morning and thank you for having me on. so conservative ships or in some other states depending on where you are, it might be called the guardianship. but the arrangements are similar. the purpose of them is really to have a court appointed individual or sometimes multiple individuals to just sort of may be able to make decisions on behalf of a person who's alleged to, to be disabled. and so, you know, talking to brittany, for example, the allegation fair. and evidently what the court at one time had found was that there were some serious mental health concerns. and basically, what the court determined back in 2008 or thereabouts when the conservatorship are put in place. if miss spears was not in a position at that time, an

call to the dean of the miami herbert business school, and octavio marines, the theo of optimist, l l. c. thank you both for being here. the quote i want to start with you in fcc chair gary gansler statement on the issue. he said he worries that average investors may not realize they hold stock in a shell company rather than a china based operating company. how are these companies actually listed in the us? and what exactly does all of this mean things sprint. so these are variable interest entities that are essentially listed as a diaz on the exchange. they are, as you have implied, not necessarily transparent to shareholders and especially individual shareholders in the us regarding the legal structures. and that's part of what miss against or is targeting here. this is a continuation of an effort to tighten up regulation and transparency with respect to chinese, 80 listed companies of which there are about $400.00 on the american exchanges, including about 10 stay don't enterprises. you'll recall that there was an effort made to tighten up on the auditing really regulations regarding

l l. c. now, what is the take away from the growth that we're seeing in great britain in the 2nd quarter, and how do they get back to pre panoramic levels? is that going to happen this year? we'll pleasure to be back review brenda rachel. well, yes, i would say that the sun is never going to set on the british economy. it does not seem good, but with actually the hardest hit of the g 7 from the pandemic. and i think many people are tribute to napoleon, but it was actually a french, illusionary, who quoted it as being a nation of shopkeepers. they said it rather derisively, but it was actually taken with great pride by the british, why it is a nation of shopkeepers and the british are very social people. why was the u. k hit so hard and why is it bounce back so strongly? it is because the british have now gone out a lot of those statistics in the 2nd quarter. of course we're boyd by the success of the british, the english soccer team doing so well in the euros. the celebration that every piece of power across the u. k. was making pieces in the shape of footballs, thought apart from that bushy, soon as the chancellor of the exchequer has said, he's not going to be complacent. i don't think anyone should be complacent about this. but it is due to a steady hand, the bank of being on the thumb very well in terms of stimulating the economy. and i do think you're going to see discontinue, also, don't forget, it is a nation that has the 60 and london high tech unicorns, and i think the high tech business as well as the financial sector on top of retail and all those people going out to shop, like i mentioned the nation or shopkeepers, it is helped create that boom and now whereas it's offered the worst of all the g 7th company countries, it has come back 2nd only really to the us. now we know that back when restrictions were being lifted, there were a lot of people who warned against it because of those emerging variance of the current a virus. and even though in these cases we've seen the u. k. do really well so far . is there still that concern that it could be the delta variant or any other variance that could hurt the economy just as it's recovery? well, i think you're right, rachel, it could be anywhere. everybody is concerned about it thus far, and i'm not a doctor nor my associate, just all scientology, but i will say this. it is so for proport so far purported to be more infectious but way less deadly. so i think that has people less scared. i also think it's like many things in life. i think the nation in the u. k. like the u. s. people who become accustomed to this people who customer, wayne and mosques in the u. k. people are very, i would say, socially conscious and sort of a, a, b, b. i says they follow the rules. that is the nation with the largest percentage of people who have been vaccinated. that's due to the national health service and they roll out plan. so what was the vaccination, the mosque wiring, conscious social distancing overall, i think people are just going to cope with it. we just have to continuing carry on . and now, hillary, i want to go back to the 1st story we did about richard branson unloading $300000000.00 in stock of virgin glass. and he said in other companies are still deal, or the company says that is to say that they're still dealing with pandemic related issues. what do you make of this whole? well, actually i would say boys and that toys and jeff pays off. it was a big game to go into place on, but i do think it's very sad that i'm actually the stock was downgraded by wall street analysts. and i think that's part of his self. it was 10 point over 10400000 shares. you mentioned $300000000.00 was but he said, and his group has said it is the shore up. the other parts of his business, the leisure, the travel, but the bookings were down. i mean, how many people do you know that have the money the time and their life to waste may be with some accident going into space? i think for the very few, maybe his own enthusiasm, led him to believe and his group to believe more people would be lining up to perhaps die in space. but i think it's a sad thing is a lot of investment bought. he's always done very well, and he wants to shop his all the companies, particularly his travel companies, if he doesn't show them up now, will they make it through? as rachel, just raise the delta variant and the downs out there in the economy. he has to make it through, and i think that's what he's done. he's. he's divesting himself of other parts of his business so we can sure up those that will continue. now while we have you on here, we have about 30 seconds left, but i want to bring up another story which is kind of the story that keeps on giving. and that is post wreck that trade between great britain and northern ireland or rather the republic of ireland. we see that it's down 29 percent in the 1st 6 months of the this year compared to the same period in 2019. what's happening there? ok, it's called something choice called it is to get the case. i'll be back and turn 2030, but it is about the land bridge. what this was with the goods from ireland to go to you. they would actually go straight from dublin directly across to wales. in pembroke, sure. the number of ports and they go straight to the port holly head and a number of others. and from those ports they would drive across the u. k. and go straight down to the south coast, go go to kent, and then they would go, they would take ferries over to the u. k. it's called ro roll on, rolled off from the trucks rolled onto the freight. and this ro, statistic is what is down. why? because now the cost benefit analysis of unloading and driving across the u. k. has been obviously ruined because of all the red tape coming from the u. k into the u. so now they're shipping directly from dublin to the european continent, and that's what happened. and that's why that shipping number is down. they going not the english channel route. hilary ford, which of the british american business association always take that opportunity to talk about how well the british soccer team did in the year. they couldn't clinch at the way until the world and billionaires. jeff pays as bill gays and michael bloomberg are getting called out online after it was revealed that they are pouring millions of dollars into the hunt for precious metals in greenland. john hardy has the details on what they're looking for and why greenland, here comes the money billionaires, bill gates, jeff bezos and former new york city mayor michael bloomberg. among others went to drill through greenland stick ice to find raw materials to power. a new generation of electric cars, cove, old metals, a mineral exploration company, backed by break through energy, which is funded by gates bays as bloomberg and other prominent billionaires including investment banker, ray dalio, and virgin galactic richard. branson has entered into a joint venture with the london based mining company, blue j mining to mine, greenland for raw material such as nichol, copper and platinum. as the company writes on its web page, cold metals is a mineral exploration company that uses machine learning and other scientific computing techniques to increase the ethical supply of critical materials needed to build electric vehicles and personal electronics. many new mines will be needed for electric vehicles are to become widespread, but before new or deposits can be mind, they must be found. so why greenland? well blue jays own studies show the central west region of greenland is reportedly similar to russia's north oscar region. a large producer of nickel and palladium cobalt says it will spend $15000000.00 to help lou j locate natural resources. the 1st phase of the so called disco project named after the region in greenland, they'll be searching to hunt down and dig up world class battery metal deposits according to the companies. clearly it's a business venture for the billionaire boys club and an opportunity for the u. s and u. k. through this wealthy mining and exploration adventure to put some pressure on china and its massive mining and raw materials market. greenland has been the subject of discussion among america's political and financial elite in the past. in 2019, then president trump even floated the idea of the u. s. buying greenland because of its abundant natural resources and idea that ultimately floated away and sunk like a glacier. whether or not this 1000000000 are blitz turns greenland icy water and polar caps, blue like cobalt and green, like the color of money being invested in the venture remains to be seen. the markets are mostly up for the week as we see a whole host of new economic data related to g, d, p, and inflation. we start in russia where the mo, x is in the green rushes, the economy grew in the 2nd quarter, and it's fast paced in the year, 2000 up 10.3 percent compared to the same period last year, according to official data released friday, russian oil giant ra snapped reported 2nd quarter earnings on friday as well. seeing net profit search to $3200000000.00 with revenue doubling. i'm in a recovery and crude oil prices. let's move to asian markets. the shanghai composite is up despite chinese official saying they would increase scrutiny on the tech sector in the coming years. chinese stock saw their biggest gains on monday of one percent for the day, trying to ever grand group and ever grand property services are big games throughout the week. the company talks about selling its stake in its e, b and property management businesses. more of the same in hong kong for the hang saying after 3 days of gains, the index took a hit on thursday and friday to close out the week as investors worried about that document pointing to future regulations on chinese companies. and the ne k in japan is also up the index made most of its gains mid week. the semiconductor sector, however, is struggling to close things out as the chip shortage continues. now, economists pulled by reuters, believe the japanese, the company will grow by 2 points. percent for the 3rd quarter of this year, much lower than the anticipated 4.8 percent expected in june. and in india we have another green arrow for this 10 sex heading fresh record highs on friday. banking and stocks were big winners to close out the week. most of those games have been attributed to recent economic data, showing factory production, surging and inflation taking down about 3 quarters of a percent in july. more of the same in our strike as the as sexes up the nation's biggest lender, commonwealth bank of australia said wednesday it will return $7000000000.00 to investors and buybacks and dividend, as it's a massive profit. admit it's quick economic recovery. something to keep an eye on here though. business competence in australia fell 19 point than july, amid new locked down to combat the spread of the delta barrier. another green arrow for the all share in south africa business competence in south africa also took a hit in july, falling to 9 month low following those riots that cost the economy more than 3400000000 dollars. the south african ran also took a hit this week, giving up most of the game seen in 2021 training about a half percent lower than at the start of the year. now let's go over to rachel for europe in the america. thanks brent. here we start in the u. k, where the sea is up. now, as we mentioned this march london longest weekly winning streak since november with the index heading and 18 month high on wednesday. the latest data shows the u. k. the economy grew by faster than expected one percent in june, where growth was largely carried by the health care and hospitality sectors. as restrictions were lifted nearby, the german docs and french kac are both in the green. the dax hit record highs on fridays, are passing the 16000 mark for the 1st time ever. and in france, the index responded to the latest data showing unemployment is all more than expected in the 2nd quarter. while europe largest economy is still struggling to return to pre pandemic levels, it is expected, but at least an 8th of germany's g. d. p growth is here. will be credited to profits from by on tech, and it's not seen partnership with pfizer. let's go across the atlantic to brazil now where the bo best buy is down. while the central bank move to raise interest rates by a full percentage point marking their largest jump since 2003, a combination of increase commodity prices in the worst drought. the country has seen in decades are still taking a toll as brazil, struggles to cut inflation in how to get it back down to their target. a 3.75 percent. it's a similar story over in mexico where the b m. v is in the red, and inflation is also double the central banks target. after a surprise rate hike have little effect on consumer prices. in june, mexico announced another increased interest rates by a quarter of a percentage point to 4.5 percent on thursday. and here in the u. s. the dow and the s and p 500 hit record highs on friday. while the nasdaq and the week in the red, as all eyes remain on the side and it's forecast for pulling back on pandemic policies, unemployment continue to fall, and the latest c p i report drove talk the inflation good start to decline in the coming month as the increase and quarter prices was less than expected. and finally in canada, the t s. x is up, the next pulled back slightly after hitting a record high on wednesday, the materials, financial, and energy sectors all took a hit, mid concerns that demand would fall significantly in response to arise and kobe case it moving into next week, we will continue to monitor the state of the ongoing recovery and how it is being impacted by record inflation and time, not for a quick break, but when we come back, could we soon see a g 20 nation follow in the footsteps of el salvador, just on the other side. we take you to argentina where the nation president has pitched an interesting method of dealing with in place to get a break here, the number that the quote the mm mm. mm mm mm mm mm ah, i will, i the vacuum. and then you need to talk to someone who can be done, but even when i'm in a position where you may need what's going on for me, which mobile phone bill. and it isn't about what it was, which would be join me. but it was easy. i got to get to choose, you can put up with me going to be as long as it doesn't work for you. does that quote? should the, who's the welcome back. another country enlighten america may be considering making bitcoin official. now all salvador is set to become the 1st country to make the world's most popular crypto currency, legal tender starting next month, alongside the u. s. dollar. and now argent. tina is saying it could be next. that's according to the countries president who referred to the rise of crypto currencies as irreversible noting crypto has the potential to nullify inflation. when asked if the central bank is considering adopting its own digital currency or even making bitcoin legal tender, he said, quote, there's no reason to say no. the adoption of bitcoin could have a massive impact on a country that is no stranger to inflation. for context here in the u. s. the annual inflation rate hit 5.4 percent in july its highest point in 13 years. however, in argentina inflation hit 50 percent last month, substantially from the government's target of 29 percent. while argentina does have its own national currency, it also relies heavily on both the us dollar and the international monetary fund. in fact, the country is currently indebted to the i am left to the tune of $45000000000.00, and the fund has already issued a warning to el salvador to try to compet from adopting crypto. so joining us now, josh is doing bus co host an crypto analyst, christy. i know christy what kind of an impact could bitcoin have on a country like argentina where skyrocketing inflation has become almost normal? yeah, well big client has huge potential to thrive and say the argentine economy argentina is basically struggling from enormous that obligations to high inflation. and that's all been compounded by coven 19. so it drove its population to seek alternative ways to store their wealth. as the government had to limit us dollar purchases by citizens. so dollar purchases shrank to only $200.00 a month for citizens with a 35 percent tax on top. if you can't buy the us dollar, restore your wealth. the next best thing is crypto. and in a recent survey, 73 percent of argentina citizens believe that kirk crypto currency is the most effective savings method in the current economic crisis and a hedge against inflation. and it's really not only inflation that big protects against, but it's also uncertainty. for example, the argentine government usually announces new financial, restrict measures in the late hours towards the end of the week intended to be implemented the following monday. so these announcements usually come as a surprise, and citizens have absolutely no warning, no preparation for whatever new taxes the evaluations they might face next week. so this makes for very unpredictable living conditions. in contrast, bitcoin has no centralized governing body when it is volatile, the volatility in the pricing a big point, it's uncorrelated to the economic woes of any particular country. so relative to things like arbitrary pay, so are the l. salvatore in dollar? it's actually quite stable. and christy, we saw g, i m f word el salvador against bitcoin. they're likely to do the same with argentina. but how much power does they have actually have here? and how is keeping these countries in severe debt playing into that? well unfortunately the i'm a does have a lot of power as they hold a lot of money and they provide assistance and funds to debt late in countries or countries and crises. so while that sounds really good and all in practice, it's more like a drug dealer because yes, you feel really great for a while, but soon you'll just need more and more and more. and that's when things start to get really expensive. so that's kind of what and to a lot of these countries, they took money from the i enough which is not free. it comes with a whole host of terms and conditions, etc. they demand fiscal austerity, high interest rates, trade liberalization, privatization and open capital markets like these terms. they often been

so joining me now to discuss is hillary ford, which president of straw mark l l. c. hillary is great to have you here on the show . now it's another month, another announcement for the bank of england and not much has changed surprise you at all. i will pleasure to be back with you rachels away. i don't think so. not really as far as i'm concerned, but also if you look at the global institutions and if you look at generally, the reaction currency wise is a good indicator of where the things are caused. gyrations are not the pounds, they pretty steady. it did raise rise a little bit too. i think it's like 139. so there's a little bit of an increase which showed the markets thought this was a sensible thing to do. i n g even said they didn't really think that interest rates are going to be raised until about 2023 1st quarter, 23. so i think that this is expected in the marketplace and off to what we've been through the gyro ations and everything caused by cov, it a stability is key to continue with the optimism in the economy. yeah, certainly seems like they're trying

, the gas turban smith, ceo of transformative research, and octavio miranda, the ceo of openness, l l. c is great to have you both on the show today, tobin i want to start with you. we know that there was a lot of fear over the spread of the delta variant. and whether it would cause the us to go into another round of lockdown. but that hasn't been the case, so has the us just gotten to the point where it knows how to weather the storm or was there some fear that people in businesses wouldn't comply? well, there maybe 3 major things have happened. number one, obviously that now we're not an emergency vaccine, but it's fully approved about 15 percent of people who didn't get vaccinated. we're waiting for that and number line. so number 2, the net crates, his whole waterfall of mandate bike companies, bike county governments, state government, hospitals, colleges, whatever. so that's another 20 percent. but the big thing people are, are missing, get out is this can be the natural immunity. the idea that when you do get infected and you have your a symptomatic, you know, you had it and all t

doubt that's going to really help in any way. meaningful able octavia moran, the ceo of oper miss l l c. thank you for your insight today. thank you. and after a summer of economic re about it for the countries of the european union, the block is recommending member states hall non essential travel from the united states. after it was added to the safe list in june. the decision comes at the delta very has spread like wildfire in the united states with the nation seeing the highest number of cases since january of this year. the news could come as a major blow to taurus related academy such as grief which saw 51 percent increase in taurus revenue in the 1st half of this year. but the u says the decision will not take away the quote possibility for member state to lift the temporary restriction on non federal travel for fully vaccinated travelers, the u. s. would not be alone in this travel band. however, as other nations, on the blacklist include israel, lebanon, and several baltic states that are not part of the apple and google are about to get hit with a whole new set of regulatory h

l. u. c. l. a's burkle center for international relations. very warm. welcome to the program. president biden today described the afghanistan evacuation as an extraordinary success. what do you make of his assessment? i think jeff president met a very strong speech. i think he cast it exactly as it should be. it was time to stop the war and do something else. we have other security issues. but also the mission of ghana was a sensually and anti terror counter. terror mission. that part of the mission was accomplished. you can't keep american troops in there in an effort to build a country for someone. the african people have to do that themselves. i think a lot of people are still struggling to understand though, that despite the hundreds of billions of dollars we outlined some of the money spent that the us spent on afghanistan in the last $2.00 decades. this, the u. s. just hasn't made a dent on the taliban. is that something you can explain? well, i think it's very clear that the bonds a creature all boxed on. and in last, the united states was able t

dormpara los de ;as jo naleros del ;area es ;an as stados l a l;inea e s un c imen hor rend q ue no ts ic (( mu ic lo conrtario. confusiÓn y caos. cristina tiene lo Último >> asÍ es, buenas noches, son distintas las imÁgenes y reportes que llegan desde dentro de afganistÁn. lo que dijo el presidente joe biden afirma que ha visto que la desesperacciÓnhyundai el dolor de la gente en torno al aeropuerto son evidentes. estados unidos con sus aliados resolverÁ pronto. >> ♪ [música] ♪ >> entretenidos esta niÑa ruega que la dejen entrar y es esolo una de las imÁgenes que estremecen al mundo. despuÉs de ser tratado por un mÉdico confirmÓ que estÁ con su papÁ. >> reconociÓ el presidente buiden y que el rescate va bien >> [habla en inglÉs] >> este veterano no ve lo mismo >> todos nosotros que estamos sufriendo y mientras tanto, para quÉ? para quÉ? >> joe biden reiterÓ que no dejarÁ atrÁs ni a estadounidenses ni a afganos y que la situaciÓn estÁ bajo control. hay miles en el aeropuerto y miles que no deja llegar. la madre de esta mujer teme que maten a toda la familia >> tiene miedo por mis herm

. >> an l, l, and a c. [ cheers and applause ] that's how you do it, yeah. >> rupaul: that's right. > do. >> rupaul: like what? >> like -- i don't know. go out and be on billboards and magazine covers. >> rupaul: you did it, though. > you do it, sorry, excuse me. you did it but i want to do like you did. >> rupaul: you are on the cover of a magazine. >> dang, like at that. [ cheers and applause ] >> rupaul: gorgeous. >> funny about that, that was the shot i was the most nervous about. >> rupaul: really? >> and that's the cover. [ cheers and applause ] >> rupaul: also, you are going on tour in the uk. >> i am. >> rupaul: in december. >> in december, yes. >> rupaul: hitting all the cities. it's the "don't let the smooth taste fool you" tour. >> the smooth taste, your girl symone, yeah. [ cheers and applause ] >> rupaul: tell me where you got that name from. >> well. it is actually from a malt liquor commercial from the 1980s. from fred williamson. >> rupaul: yes. >> and he said, don't let the smooth taste fool you. and i said, liquor, and a saying, that's me, yes. that sound like me, do

c. l views. no, no l food. the rule message is clear, glycerin left to nature, the more environmental problems including you did leave. the nurses there will be but alien is focus is not just on the plant and animal life that has been destroyed . her point is there are communities of people who can have a net positive effect on the world. and even those people are at risk from an economic ideology of relentless growth. and the destruction associated with it is to provide to do is get bashed different food, asked to flip the bill versus the why didn't it, don't make any mind middle name, no matter what stuff, what after that and most of the modeling them, i think a lot 50 which be for me. he suspense and capital ellis straw just released back to this the human economy is a subsystem of the natural ecos here. and the only thing that enables it to grow is it's continuous capacity to extract resources and energy from the rest of the sphere. ill means is a professor of human ecology. he has a compelling way of descr

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l-night prototection. can you u imagine 2424 hous without t heartburn?n? whoa, sususan! ohhh... i'i'm lookingg fofor coupon c codes. wellll, capital l one shoppig ininstantly sesearches for avavailable cocoupon cods and autotomaticallyy apapplies themem. saveve me some c cheddar! capital lcenteded oil war has fifive settingngs, not thrh, for betttter frangrarance conl ththan febrezeze plug. take conontrol of yoyour frage wiwith air wicick. ♪ [truck horn blares] (vo) the subaru forester. dog tested. dog approved. >> pauley: with the dog days of august at hand, we leave you this sunday with prairie dogs in the south dakota badlands. captioning made possible by johnson & johnson, committed to improving health for everyone, everywhere. captioned by media access group at wgbh access.wgbh.org >> pauley: i'm jane pauley. please join us when our trumpet sounds again next sunday morning. ♪ captioning sponsored by cbs >> dickerson: i'm john dickerson in washington, and this week on "face the nation," u.s. health officials say the war against covid-19 has changed, and the u.s. is back in the top spot when it comes to the highest number of new infections worldwide. along with it's surge in new cases, covid anxiety is also making a comeback this summer. new c.d.c. data shows vaccina

i saw one c, p l i s t, that's a legal sd derivative. it metal eyes is in the body to l. s. d. that means what you consume as a legal substance and what you have in your body is an illegal substance. in the end, it is the same substances l. s. d. now those who are turning to hallucinogenic drugs in the hopes of the easing anxiety, you should probably read over the warning label just so they know what they're going to be dealing with. the side effects of suicide. when i run the psychological level. so too much, still a simon can cause someone to become psychotic, to go crazy, temporary states experienced of confusion, of absolute confusion, of this orientation of hallucinations. more i focus on that when there is so much money to be made. millions of dollars is being paid for research at john hopkins university alone. i was scientists have shown that psychedelic, have real potential as medicine. and these new sense will bus explore that potential potential or not. some say it's very dangerous that treating depression with l. s. d, like substances, it's kind of like using a sledg

i decided to open a shop where i could sell it and i saw one c, p l i s t, that's a legal sd derivative. it multiple eyes is in the body to l. s. d. that means what you consume as a legal substance and what you have in your body isn't illegal substance in the end . it is the same substances l, s. d. now those who are turning to hallucinogenic drugs in the hopes of the easing anxiety, you should probably read over the warning label just so they know what they're going to be dealing with. the side effects of suicide. when i run the psychological level. so too much, still a simon can cause someone to become psychotic, to go crazy, temporary states experienced of confusion, of absolute confusion, of this orientation of hallucinations. more i focus on that when there's so much money to be made. millions of dollars is being paid for research at johns hopkins university alone. sciences have shown that psychedelic, have real potential as medicine, and these new sensor will bus explore that potential potential or not. some say it's very dangerous that treating depression with l. s. d, like substances, it's kind of like using a sledg

10 usanho ons fig fur arimens,ca, ns aiait.nid cid toid t t c boueesouolveesolveydvedimplyo ju you,ead e w ee g eot wot w gohenhe lca on l llane,nehenehenehe go. gg nt us to, we want to go, don't give us an artificial deadline but to make it fit, today the president and then psaki live out the number of americans coming out. there's a pentagon asset on the ground of the international airport, cnn caught them on camera, they are working 24 hours a day to take out two and three of americans hold up in their apartment because they see what i -- show the gate at the airport is so it will get worse because it can't not get worse because they are already line about the number of americans manifested in a seat, taken to carter, that's that. that's the truth right now. the biden administration and face that right now insight we can't count. new deal with the taliban, keep bribing them and say we are going to go when we go. kennedy: they've got to do something because you got 15, 20000 americans, they don't have the number. that's why they won't give us the number but what happens after that august 31 deadline is they are in parts

scientist who had a theory ♪ ♪ and james clerk maxwell was his name-o ♪ ♪ j-a-m-e-s ♪ ♪ c-l-e-r-k ♪ ♪ space m-a-x-w-e-ll was his name-o ♪ ♪ there was a scientist who had a theory ♪ ♪ and james clerk maxwell was his name-o ♪ ♪ a-m-e-s ♪ uh, okay, okay. uh, we-we get it. perhaps you'd prefer this one. (clears throat) ♪ the itsy bitsy spider is not an insect at all ♪ ♪ because it has eight legs ♪ ♪ and two body parts ♪ that's pretty cool, sheldon. thank you. do either of you know beyoncé? i'd love her to get behind it. koothrappali: hey. hey. hey. hello. you guys know the new discovery class missions that nasa's been working on? yeah. well, they're looking to include a message from earth in case one of them is encountered by alien life. leonard: oh. when i encountered alien life, i-i discovered that the key thing was not to sit in its spot. all right, you can't breathe our air without an inhaler, he's allergic to earth nuts, but i'm the alien. koothrappali: anyway, i'm among a handful of scientists that have been asked to submit a design proposal for the message and its delivery system. excellent. congrat

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l. espinoza, of rio bravo, texas. marine sergeant nicole l. gee, age 23, from sacramento, california. marine staff sergeant darin t. hoover, age 31, from salt lake city. army staff sergeant ryan c3 years old. he was from corryton, tennessee. marine corporal hunteropez of indio, california, was 22. 20-year-old rylee j. mccollum, a marine lance-corporal from jackson, wyoming. marine lance-corporal dylan r. merola of rancho cucamonga, california, was 20. marine lance-corporal kareem m. nikoui of norco, california, was 20. marine corporal deegan w. page, an omaha native, was 23. 25-year-old marine sergeant joanny rosario from lawrence, massachusetts. marine corporal humberto a. sanchez, age 22, of logansport, indiana. marine lance corporal jared m. schmitz, age 20, of sat charles, missouri. and hospitalman maxton w. soviak of the u.s. navy. he was from berlin heights, ohio, and he was 22. >> woodruff: o thanks to each one of these young men and women and the ultimate sacrifice they have made for our country. and that's the newshour for tonit. i'm judy woodruff. thank you, please stay safe, and we'll see you soon. >> major funding for the pbs newshour has been provided by: >> carneg