A number of questions because we get many many concerns when it comes to apple pay for peer competition reasons people see it it becomes increasingly difficult to compete in the market for easy payments last year best to told reuters she would be open to investigating the tech giants Payment Service if someone lodged a formal complaint now joining us now to discuss this and other regulatory concerns mispresent are brought up in lisbon is International Regulatory attorney miles edwards miles great thanks for being here for us thank you now miles what are the regulatory concerns that were seeing specifically around apple pay with the e. U. She didnt mention the specific issues besides a little bit at a competitive nature. Sure so these are issues that were brought up originally by the Danish Consumer Council and primarily there and i trust issues so pais platform in europe is you know only a platform that has the capability of what they call an f c which is the capability to do instore payments and why thats extraordinarily important it means that we chat pay and samsung pay cannot work on i phones whats extraordinarily troubling as well is that the way that apple pay works on apple phones its the default Payment System which means that it blocks out all other Payment Systems and it makes it extraordinarily anticompetitive and those are the concerns of concern so you should be able to use whatever Payment System you want on your i phone now another item that has come up also regarding apple pay is the e. U. Is currently investigating apple pay regarding Spotify Spotify is claiming that 35 percent of its subscription revenues are going directly to apple and they feel that thats extraordinarily anticompetitive well and best of care has been it optional e harsh on some of these American Tech Companies but in lisbon shes she has says that she sees no limits to how ai can support what we do as humans now doesnt the advent of ai just strengthen the position of these tech giants like google amazon apple and even facebook. Well it does to a degree but i mean theres a really a myriad of European Union regulations including for example the g. D. P. Are which places extraordinarily rich high restrictions on a and so what shes saying is which is extraordinarily interesting is that shes not opposed to ai itself but she is opposed to anything that would. Impinge upon privacy or security and she really wants to go out and regulate data and the use of data much more now shes also under sort of a regulatory mandate from the e. U. To impose ethical guidelines on social media platforms. Based basically within a 100 days and so she wants to keep. She wants to keep the social media platforms running but she also has to find a reasonable Regulatory Framework in which this can all operate effectively well i just feel like i feel like miles on the point that you know when we talk about this as and merging technology what were looking at here though is that this is learning and its grabbing all of our data and aggregating that into making them be able to sell more to us and things like that so i mean i understand what youre saying but does that still become a huge problem for them. It becomes an extraordinary lead large problem for them and if they want to expand in other areas its all about data and so now we have a situation as i mentioned almost a year ago on this program regarding the g. D. P. Are in the right to be forgotten and the European Union and companies are still struggling with it currently we have the c c. P. A. Which is a california privacy law which is what i call g. D. P. Or light which is going to become effective in the United States and in 2020 so theres a myriad of concerns about it and i think what shes saying is there has to be a way that i can work but its going to have to work within you know certain regulatory guidelines and those guidelines cant kill it but still provide it to be you know extraordinarily entrepreneurial but on the other hand it cant be at eye competitive or anything that would look like its involved in antitrust law like you mentioned shes not completely against these technologies but she has no doubt billions of dollars in fines to some of these Tech Companies like google and facebook and says it again shes not completely against them so what do you really making of her position on this and how do you think these tech giants are going to move forward with that. Well i think what theyre going to have to do is theyre going to have to find a way to really and run to and what i mean by that is they should be looking right now at creating their own ethical guidelines which they can provide to the European Union and i mentioned this before on this program that i think the best way for them to do it is to form some sort of Self Regulatory Organization or an association that can be adopted in the European Union where they can basically manage themselves promote their own ethical guidelines that would help her out you know extraordinarily well but when we go back and we look at the fines of fines in a lot of ways were completely justified. Was the social media giants were doing things that really impacted upon individual and personal freedom and privacy and even some of the right are already doing enough a cool thing so having somebody to see these these an article guidelines what probably helped just a little bit all that was International Regulatory attorney miles outwards thank you so much for your time thank you. The International Monetary fund says its ready to start conversations with argentinas president elect Alberto Fernandez regarding the future of a contentious 57000000000. 00 loan from the organization i. M. F. Spokesman jerry rice spoke about their readiness to engage in washington on thursday the managing director chris communique were given congratulated. President elect for an end this on his election and reiterated the funds readiness to engage with the mr fernandez and his administration to help argentina address the important challenges facing the economy there and to pave the way for inclusive and sustainable growth. Mr fernandez who defeated president murray c. E. O. Mark in october made renegotiating the i. M. F. Loan a key player in his campaign the president elect spoke about the situation in an interview with congress on korea on r. T. Spanish this week. Everyone knows that the International Monetary fund is an accomplice to what happened everyone knows that european leaders who at that moment complained about loans granted by the i m f you know that everyone knows that i firmly believe that we will negotiate properly and we must tell the truth because our goal is to pay off the debt and not to a very do it at this time no meeting between fernandez and the i. M. F. Has been scheduled. The molex in russia is up this week on the heels of a milestone for the end acts as the exchange cross the 3000 mark for the 1st time ever according to an analysts despite the sub par performance of stock markets in the country russia and i quote hes are among the best performing in the world now moving to asia we start in japan as the nikkei index actually is up on the week following optimism in the United States the end of a fresh when youre high at fridays open on the easing of trade tensions now moving over to china the shanghai index was hovering barely up on the week on friday afternoon despite slipping down words in the final hours of trading now this comes after the end expro 3000. 00 mark on tuesday on the hopes for a trade resolution and looking elsewhere in east asia the hong saying in hong kong finished up on the week as well so according to bloomberg stocks are rallying out their strongest level this wasnt some protests began several months ago earlier this summer but reports on the end x. Also cited some trade optimism as a reason for the surge now moving over to india the sense that the index was hovering slightly up on friday afternoon for the week this was despite a steep drop in trading on friday the cause for this drop seems to be from a moodys report that downgraded their outlook of the Indian Economy from stable to negative this was according to the times of india heading down under to australia the a. S. X. Is up for the week this is been driven things in part to several stocks that are were rallying later in the week now one stock of no on the index is it Payment Service this is up a whole 17 percent following a partnership with amazon in the nation then heading over to south africa the all shares is also up on the week following a surge early in trading on monday now lets turn things over to brant for a look at europe and the americas. We kick things off in florence at the character index word things have been steadily climbing this week and finished. Up on friday it finished the week on a bit of a down note despite charging following those trade talks that youll see as a common theme overall during this Market Report then over in germany the dax is also up over 200. 00 points since monday which according to analysts jumped close to a 2 year highs following tariff hopes and now lets hop across the channel to the United Kingdom where the lets see actually finished up as well on the week and guess what the reason was u. S. China trade talks looking very positive mirroring several other indexes that footsie cooled in the final 2 days of the trading this week but still managed to finish in the green then we hop across the atlantic to brazil for the evo best but now its been holding just above the threshold to stay in a positive territory for the week after a roller coaster cycle and the week was boosted by a positive trade hopes but it also took a bit of a beating following the bust of the nations oil auctions now were going to move north to north america where mexico where the bingo was up for the week it began on monday with a dip to start off however rallied on the hopes of a trade resolution then heading up north to the u. S. We actually have a bit of a mixed picture this week the New York Stock Exchange is up on the week barely green surging on thursday of course positive trade hopes but sloped late thursday and friday morning before maintaining slight gains this afternoon the s. And p. Is also trading up this week slightly on friday afternoon barely squeaked past the monday opening after a cool down later in the week and finally we have approached our 1st red arrow of the week it see it right there its in the tech heavy Nasdaq Exchange now as of friday afternoon it was just barely in the red and this comes after hitting a record close early this week finally we had the great white north where the ts exit stage finished the week up on guess what trade optimism overall its been a solid week for global stocks so dont worry about that. That has been your weekly global stock Market Report. Time now for a quick break but hang here because when we return health care continues to be one of the main concerns among citizens in both the u. S. And abroad but how does each nation stack up later today rick sanchez host of the news with rick sanchez and dr John Dombrowski are both on hand to measure Health Care Costs around the world as we go to break here are the numbers at the close. Join me every so straight on the all excited im sure ill be speaking to get us to the world of politics this list im sure both of those ill see you then. Nobody wants to look at the wildfires and say the obvious number one the taxes are being misused and theyre not being adequately distributed to where they are needed on the infrastructure side because theres a government failure number 2 Climate Change regardless of whether you believe its happening or not the damage that is going to be applied to your pocketbook that you will pay for Climate Change whether you believe it or not you know its still the price is still there. Just to my hardest to i dashboards to continue. Dhanush optimism of. Optimism and to be watching as you. Were. Going to write louis key. Senators. The sake of nature because he must. Make us tell. His son and clung to my mother 100 neighbors who. Says. Its. The monkey so move the whole thing. But isnt what the cut is in those days you just said come. And see. It all you know so you dont get all still many of those young. Guy so much smoke the soup gets used still so not to sing on. Such. Small seemed wrong when all the words just dont hold. Any beliefs yet to shape our disdain to educate and in. Equal to trail. When so many find themselves worlds apart. Choose to look for common ground. Chinese ecommerce is preparing to launch a hong kong share thats offering to raise as much as 15000000000. 00 later this month now 2 sources familiar with the matter told reuters the Company Plans to seek approval from hong kongs Listing Committee just next week next thursday that is according to deal logic data if the transaction is approved this would be the Worlds Largest cross border secondary listing the chinese ecommerce giant currently holds the record for the biggest initial Public Offering for its 25000000000. 00 flow in new york this was back in 2014 ali baba which started singles day in 2009 sold 30800000000. 00 worth of goods on that day of november 11th now lets compare that thats 3 times as large as cyber monday is deal that analysts are paying that will be approximately 10000000000. 00 and last week ali baba posted stronger than expected 2nd Quarter Sales those rose 40 percent from last year to just over 16650000000. 00 had been working on an august listing in hong kong but those plans were actually put on hold amid the antigovernment protests that created this financial uncertainty in the region. German industrial titan Thiessen Krupp is taking a bid from buyers to purchase its lucrative elevator business in a deal worth upwards of 20000000000. 00 groups made up of private equity firms as well as some of the companys competitors are looking to get in the bidding process these incomes elevator business offers a constant stream of revenue from the servicing and maintenance of the equipment a group of activists investors are pushing for the sale of the elevator portion of the business due to the 2 truck process the company has been on since september according to sources close to the company at the same corrupt c. E. O. Martinez mares is open to the full sale of the elevator portion of the business. Theres a lot of talk these days about magic care for all or even whether the government should be involved in the business of health care here in the United States its become a linchpin for some candidates in the democratic primaries there are some heated arguments being made on all sides so today were bringing in one of our colleagues host of the news with rick sanchez who also happens to have a lot of experience in the Health Care Industry now aside from his duties here rick is the founder of a managing care company in south florida that was actually recently listed as the Fastest GrowingHealth Care Company in america by inc magazine now also joined by one of the most prestigious pain specialist here in the washington d. C. Area and founder of the Washington Pain Center dr John Dombrowski gentlemen thank you think were excited to dive right into this now explains explain what is medicare why is it so important does it actually save money is it too expensive were hearing both sides im a proponent of it i believe that managed care which is essentially what that even is is a good way for essentially the government alongside the private sector to provide health care for people in such a way so that you keep them healthy and incentivize doctors to create preventative medicine which in the end is really important and ill just give you one statistic and then ill let the doctor and this statistic is one that i we had i was just talking about a little while ago which i think is probably the most important thing that i can share with people in terms of describing the malady which is health care in the United States right now and its this 16 percent of americans today like that in your head 16 percent of americans today use the emergency room as their doctor do you know how expensive that is. So eliminating that alone would go a long way toward making our Health Condition better and lets get the counterpoint go ok. So heres the thought is that we do have medicare for a lot of patients and you see it only costs going up all the things my colleague is talking about Preventative Care all that medicare is not doing that were paying people right now to still be on well sick they come a hostile we fix them up as physicians we do a great job at it but were not really incentivizing him so ill give you that but the system that is set up is not doing that medicare for all is not doing that also we are doing right now just paying for someone else would pay for you to be sick so i like the idea of incentivizing i also like the idea of the individual being responsive for their own medical care when you individuals are response for their own medical care theyre going to ask do i really need that test how much is that cost or anything like that right now medicare for all without some blank check let someone else pay for it and i think thats kind of what but heres the heres the problem let me just say the problem as you just explained it is that if you allow the onus to be on the patient our system right now is so confusing so shes trying a did so complex that the average patient living in america has no way how to figure out what the heck it is that theyre supposed to do to make sure theyre taking care of their own health because most of them dont have heres another keyword write this down primary care physicians we need to get back to that Norman Rockwell picture we all saw where theres a doctor whos in charge of your health not 5 different Emergency Rooms 2 hospitals in 1000 specialists and i will give you that we still need a primary care physician but i also would like to say that americans are as stupid as we think they are they know how to work on google they do. Not want to amazon they can kind of take a look at that stuff and again the government or perhaps a private entity should incentivize those patients to stay well so if i say. Well im actually might get a rebate right now there is no incentive to do any of this because i dont feel the sting of my bad behavior and there are some Insurance Companies though right now that do i hand out their employees that Better Things like that to track to make sure that their health is better and they do get these incidents of private insurers doing them but if you do medicare for all thats going to go away you have 180000000 people right now there that have private insurance and we certainly have 9 our morts with private insurance but theyre getting good care and now you put them in the basket with medicare and a lot of physicians dont take medicare so you have more people and physicians may not take those patients because well theres just not enough money in me for you know to cover my cost of care for that pay well lets split this down the middle no i think youre right and im not going to argue that everything that medicare is not a panacea managed care is not a panacea and there are places in the United States where medicare doesnt work and its too expensive but if you allow for medicare to be run by doctors if you make it doctor centric if you make the onus of medicare be controlled by providers and not Insurance Companies but working in conjunction with Insurance Companies in a Medicare Advantage plan all the statistics and research seem to indicate that thats whats best for patients so i have the big the 1000000000 dollar question here for you dr john ok what is the solution you work in this field what is the solution that ok if you had the Perfect World you could do it i think what we have to do is have small laboratories just like we do with states and things like that let the market find the right solution you know so were going to pick winners or the market never fails. Im one of them and i dont think i dont think i mean that and i just. I mean you look at you look at the National Health care system in Great Britain they go bankrupt in canada after they run out of money we stop seeing we stop doing surgeries over 70000 patients from canada had become United States to get medical care so those situations although it sounds great someone else is. Paying for how can they pay for because they limit access to care merican i dont think would be safe i dont not going to be ready for that but if you go if you want to throw out numbers here let me give you one ready to have we were now in the United States of america and even the top 10 when it comes to quality and health care and we are the system is 3 times more expensive than any since i was or you were paying more for crap and here is a fact i mean were seeing it today is that were in the 3038 ish area of Life Expectancy here in the United States in the most developed country in the world i mean thats a problem when we look at the Health Care Situation that were in right rick sanchez dr John Dombrowski thank you so much for joining us were going to work her head out of that was. Us again Luxury Department store nordstrom just opened a 320000. 00 square foot store in manhattan with a tough Retail Market though the founders grandson and cofounder Eric Nordstrom told bloomberg that their strategy remains to be Customer Service lord and taylors Flagship Store in new york closed at stores while henry bundles 5th avenue historic store shut down earlier this year this was after 123 years in business but Eric Nordstrom said building a new physical store gives us advantages we have technology built into the store why 5 selfservice connectivity so customers can be on their phones a lot of product discovery for what we sell fashion begins online and what we know of that over half of our store sales involve a visit to our website usually on somebodys phone now adding that its all about engagement and the experience new york Flagship Store even allows for customers to order food get this order food while shopping and is then delivered on a nice plate how do you feel about shopping while eating on ice play i mean if im buying a nice way sure maybe i dont want to have a plate or ribs or chicken wings or maybe spaghetti and meatballs that might be ridiculous but i do find it funny that theyre like well you could get good so service at our store so you could be on your phone you know neal i really i wonder how that would how that would work. Hardly a cocktail tables where you can actually eat there because we already know cafe thats in the store but well see if it works or if it actually engages customers just tell me about it for this time you can catch a boom bust on directv channel 321 dish Network Channel 280 or streaming 247 on pluto t. V. The free t. V. At channel 279 or has always had us up at you tube dot com slash boom bust r. T. See you next time. You know world of big. And conspiracy its time. To dig deeper to hit the stories that Mainstream Media refuses to tell more than ever we need to be smart we need to stop slamming the door. And shouting past each other its time for Critical Thinking its time to fight for the middle for the truth the time is now for watching closely watching the hawks. Thousands of american men and women choose to serve in the countrys military and the decision little sheltered lives every thing came to a complete. The day that i was right to be instructed you know told to shut up theyd kill me and i see how it destroyed my life any screamed at me and. My own and he write me. If you take into account that women dont report because of the extreme retaliation and its probably somewhere near about half a 1000000 women have now been sexually assaulted in the us military rape is a very very traumatizing. But ive never seen trauma like ive seen from women who are veterans who suffer. Military sexual trauma rape is more likely to get the victim punished on the offender to an almost 10 year career which shows very invested in and i gave a sex offender who was not even put to justice or put on the registry this is simply an issue of violence male sexual predators for the large part of target whoever is there whether thats men or women. Time after time to repeat the same mantra sustainability. Transition sustainable transport sustainability. The more equitable and sustainable. They claim their production is completely harmless. And. Companies want us to feel good about products while the damage is being done far away and this is just as he. Celebrates 30 years since the fall of the berlin wall we look at just how united the country really is. Also this hour the International Criminal court at the hague convict congo is rebel commander of atrocities but it read knights concern the i. C. C. Only convicts war criminals from africa. And brazils former president Lula Da Silva is released from prison as he appeals his Corruption Case he was greeted by churn supporters who say the charges against him are politically motivated