Thanks for joining us this hour. Google and facebook Business Models threaten human rights by being based on surveillance according to a new Amnesty International reports the Group Alleges the tech giants violate privacy and freedom of expression argument in a question about reports. On this Day International released a report outlining how facebook and google up use human rights and that its increasing dominance over the new Global Public square controlling the main channels the companys surveillance based Business Model forces people to make a fast whereby they are only able to enjoy their human rights online by submitting to a system predicated on human rights abuse their report accuses google and facebook of violating the right to privacy on an unprecedented scale as well as freedom of expression. Not only does it represent an intrusion into billions of peoples private lives that can never be necessary or proportionate but the companies have conditioned access to their services on consenting to processing and sharing of their personal data for marketing and advertising directly countering the right to decide when and how our personal data can be shared with others it also accuses facebook of hedden the new pill ation for political ad targeting. The use of micro targeting for political messaging can also limit peoples freedom of expression by creating a curated worldview inhospitable to pluralistic political discourse and this is report has only confirmed what has long been known as both tag giants have been caught red handed countless times the worlds eyes were opened to the risk these stack platforms posed back in 28 seen by the facebook converts and let the data data from 87000000 peoples profiles for harvested and used to my current target and manipulate people for political campaigning purposes and it looks like were still havent learned all the lessons last week a report on the wall street journal revealed that google partnered with Healthcare Provider asuncion to secretly collect and store magical records on millions of patients across 21 states all after the company failed to convince customers to hand over their medical data voluntarily meanwhile facebook has vividly denied the latest allegations made by Amnesty International a persons choice to use Facebook Services and the way we collect receiver use data all clearly disclosed and acknowledged by users cannot meaningfully be likened to the involuntary and often unlawful government surveillance so is there a way for users to keep their data safe wound their reports there is but it will take a radical overhaul of the way big tax operates of course for the launch of Data Protection laws to make this assemble more humane but is there a place in real life for an internet that has human rights at its core. Live now to privacy activist and Technology Expert bill meir for more on this so facebook and google are again in the spotlight do you buy their explanations. I think both companies have been challenged on numerous year from the occasions about their behavior. People could look at a number of separate incidents or you could see it as a larger ethical issue partly to do with their attitude towards users and towards dates but also because their Business Models have been built around the fact that they need to collect that data to offer to advertisers and in order basically to power their business how can Company Policy is designed to protect users private information and up doing the polar opposite. I think that we have laws that are being employed in europe we have g. D. P. Are in america we have certain laws in california and certain other states were looking for federal regulation but i think we need broader agreement at a societal level in both continents and elsewhere around the world about exactly how much power willing to give to companies with this amount of data its a concentration of data or in a few hands that is the major issue here its only when we have that level of collection of data that it really becomes a threat to our human rights and basically it can also become a threat to many other rights including freedom of speach. It seems at this point every time you turn around theres some new story about facebooks some new privacy issue with another tech company and you talk about regulation but how many more cases are going to have to pop up before the activities of tech giants are actually regulated. I think these companies are taking action i think theyre trying to do what they can to address the concerns of the gross many of the accusations that have been leveled against them the problem is the companies and the systems that they use were set up with a different outcome in mind facebook very definitely set itself. Out so that to be a company that was focused on sharing of data never really factored bridges into any of that also its Business Model is built on the information that it provides drive to tices it needs a radical rethink on not only the Business Models of these companies but also on the way we choose to regulate the whole Data Collection environment weve introduced them laws around privacy but this is only a 1st step and i think this report is recalling for a complete rethink on the way in which we manage every aspect of the sort of model that we have at the moment with these global beer morse code eating so much data about us. Build new privacy activists and Technology Expert thank you for your time and your comments. Its not up to russia whether or not sanction against the country will be lifted although they are having a boom effect on those imposing them that was the view of a lot of near putin speaking at the Economic Forum russia calling. If we talk about sanctions and the perspectives of lifting them this is not a juicy here but it was the Us Administration about this it was the us congress which imposed them not us 1st of all it forced us to implement the substitution of imported goods in those sectors which are closely tied to our National Interests and security is a very wide range of sectors agriculture Medicine Pharmaceuticals armaments and weve reached a very good and positive results so i would like to thank all the people my colleagues those unknown people that work at their places i see it as a boomerang effect many u. S. Companies invested a lot of money in this or that project but then had to cancel them so they lost punish themselves during trumps presence say our trade turnover with the us has reached 25000000000. 00 its a number we have with turkey not so much you see but at the same time we have many common interests with the u. S. Ally but now with us on that were joined by artist financial wizard max kaiser host of the kaiser report and forbes has come out with an article saying that the russian economy has now become bullet proof do you agree with that. Oh absolutely russia should have a aaa credit from the rating agencies is doing brilliantly you know if you look at the price signals in the bond market it looks like russia is the premier economy in the world right youve got 6 and a half percent on the ruble bond youve got 4 and a quarter percent return on their u. S. Dollar equivalent bonds compared to germany and elsewhere where they have a negative year olds in america are under 2 percent here we are russia looking fantastic the sanctions have worked out brilliantly for russia because it forced them to diversify in ways that they wouldnt have done otherwise in other booming across many sectors outside of the Energy Sector alvira ned nebula leah the head of the Russian Central Bank has done a brilliant job and resisting the temptation to print money in fact hes reduced debt and the countrys been buying hundreds of tons of gold so it has very almost no debt whatsoever its got a lot of gold its diversified the bonds are yielding more than almost every other industrialized country in the world and it should be rated aaa moodys and s. And p. Should give russia a aaa rating on its credit elvira and president putin have done a brilliant job if you talk about the debt that russia has a very low debt how does russia compared to say germany or the u. S. In terms of that. Well americas got debt close to 100 percent of g. D. P. So America Economy is 1920 trillion its got close to its got 20. 00 to 20. 00 over to i believe 22. 00 trillion in debt so its a 100 percent or greater than one percent of g. D. P. Same thing in europe around the world various countries debt to g. D. P. Is 100 percent in japan its over 200 percent. If you look at russia its under 5 percent so it has almost no debt at all the russian economy could be double triple the size it is right now if they embrace debt but of course that would be a foolish thing to do. In terms of putting the country on Firm Financial footing so when this paper money based economies and other countries begins to fall apart russia is going to be in a brilliant position to acquire a lot of assets around the world and build its economy accordingly saw that its very shrewd its very brilliant and like i said they should get at least a double a Credit Rating and maybe a aaa Credit Rating couldnt have said that sanctions are actually backfiring on the west that theyre missing out on investments do you agree with that. Absolutely because russia up until the sanctions had the curse of oil and what i mean by that is when prices are high they would be very tempted to make a lot of money very quickly when prices are low its tough to diversify because you need the cash to keep going so sanctions forced russia to do something that they have been hoping to do for quite some time and that is to diversify so they domestically the agricultural market in russia is booming fanks the sanctions the spread on oil because of the spread between the dollar and the ruble is so high its actually in that cash flow positive. It has done the numerable positive things for the russian economy and the russian character and russian history loves a challenge this is a you know the russian characters come through brilliantly during the sanction period the economy has grown during this period and you know so bring it on this i think the phrase bullet proof is apt its a good phrase the russian economy is bullet proof i agree now i think that them rating agencies will start to raise the Credit Rating which means that the cost of borrowing for the russian government will be less and less and less and theyll be able to grow this economy more than the 2 percent estimated g. D. P. It will be 3 or 4 percent within 5 years is my thought so if the russian economy is bulletproof its almost debt free and their bonds are a must have why is there still this perception of russia being weak whats behind that and who benefits from that. Propaganda you know we live in a world of money and fake name is and sowed the predominant Media Outlets which are predominately from the us push the propaganda of a weak russia and predatory russia when when when the opposite is true russia is not the aggressor russia is being aggressed upon if you look at all the military bases surrounding russia thanks to nato you cant you would logically conclude that russia is under attack not the other way around same 2 and if same thing in the feet money world russia is acquiring hundreds of tons of gold theyre now in the top 5. 00 biggest gold holders in the world that implies huge strength in the economy they were able to do so even despite the sanctions so the truth is that they have a very Strong Resource base gold backed ruble and any notion otherwise is pure propaganda from the likes of primarily us Mainstream Media and of british Mainstream Media the b. B. C. Is an enormously. Detrimental propaganda organ of the British Government and they spread a lot of fake news when you look at the russian economy where do you see the most potential for growth. Entrepreneurial ism i think this is the one area that is lacking is that if you look at crypto currency for example and if you think bitcoin was a new sputnik moment of a new era in technology remember when the cold war and the space race with russia engendered a period of dramatic technological growth. And particularly in the u. S. But russia economist out president putin has said that he has likened the growth of crypto currency to the space race and he has said its similar to the growth of the internet and i believe if im not misquoting but i believe he has made a mention of the fact that he wants to script a currency era for russia to be a leader in that in that technology and in that industry and thats the absolute correct thing to do the brain trust in russia is enormous you know this is a country of chess players this is an intellectual country this is a country of technologists the end x. Is the biggest Internet Company in europe thats russian this is an area that can that can grow exponentially what they would be great is to see a Financial Center merge with the university somewhere in russia so you have a Silicon Valley effective Silicon Valley it works because you have Stanford University is is right there with the Venture Capitalist on whats called sand hill road if you have something similar in russia if you had the University System put together with the Venture Capital firms concentrated in one area you have an enormous boom in technology thats the one area in the russian economy i think could it could could is overlooked a bit at the moment and could see Enormous Growth arties max keiser thank you for sharing your insights with us. Well you might have noticed a new feature weve started this week certain stories have a q. R. Code alongside them which you can use to get more information on the story if you get the chance give it a go and let us know what you think for now a short break. But politicians do something. They put themselves on the line they get accepted or rejected. So when you want to be president im sure. Some want. To go right to the press this is like the 43 in the morning cant be good. Im interested always in the why is it. They said. You know world of big partisan movies lot and conspiracy its time to wake up to dig deeper to hit the stories that Mainstream Media refuses to tell more than ever we need to be smarter 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. Welcome back the u. S. Congress has passed a bill in support of hong kong protesters President Trump is expected to sign it into law despite delicate trade talks with china but the move has angered beijing. You dont go. Home coffee is part of china and Hong Kong Affairs are chinas internal affairs only the United States should immediately stop interfering or it will be heed by negative consequences china will have to take strong Counter Measures to defend its National Sovereignty security and development interests when they join the bill called the hong kong human rights and democracy act while laos sanctions to be imposed on those officials who suppress human rights in the city will also require an annual assessment of hong kongs autonomy under the current chinese one country 2 systems the city has its own government and is in charge of its own Economic Affairs if any issues are flagged up hong kongs special trade status with the u. S. Would be revoked not with the territory having been racked with protests for months already its already led to some economic consequences there a number of companies have started to quit hong kong with the city losing its crown as the most lucrative for luxury swiss watches some companies have relocated to singapore among the social unrest demonstrators are demanding the protection of democratic rights and official investigations into police brutality. I. Cannot cross ly 1. Mahoney who is a professor of politics at east China Normal University in shanghai now can this act actually protect the citys a to me. I dont think it can i think it contributes to further erosion of hong kongs special position both inside china and internationally i dont think it will place significant pressure on beijing to alter its stance and in fact beijing has already said that it will harden its positions so i think ultimately while it may reinforce protesters in a battle they cant win. It will probably create a situation where all can lose china has already come out saying that this is meddling in its internal affairs do you agree with that statement i think you know everyone is is well aware the nicest government is famously and unapologetically mettlesome another countrys affairs often with catastrophic results for stakeholders we have to recognize i think that any China Sentiment in the us appears to be chipping in to a level of seen a foe that madness at this point and frankly it increasingly recalls the same sort of culture that was fostered in the us against the soviet union during the reagan years the congress is pandering to the sentiments of one of the few areas where the 2 parties can agree with each other so its kind of ironic that the american political system which cant Work Together to solve its own problems wont this wont stop them of course from meddling with others so you know this is this is precisely the problem because they cant deal with their own problems are going to theyre going to try to deflect them and deal with it now as a part of this hong kong could actually lose its special trade status with the u. S. What would that mean for china. Well as your as your opening segment mentioned its already had a number of negative consequences for hong kong and you know indirectly at least this will always affect. China and we know that chinese trade was already being up there has been going through hong kong are going to have to buy the trade war. So you know as you noted there have been some talking about not entering the market others leaving the market one thing though that you know we see that chinese i. P. O. s have not have not been deterred and its not yet clear this will encourage or discourage them from listings in hong kong but i think we can also look at the announcements yesterday in china liberalizing the Financial Services sector in mainland as a media tactic to possibly upset and some major announcement yesterday and today with that in mind. Donald trump has of course gone back and forth when it comes to those trade talks with china but do you think hell go ahead and sign this into law. You know his problems are magnifying it he desperately needs the support of the senate given the impeachment hearings in the house can appear to what he can afford if youre soft on china even though there are many previous reports that eating more the situation hong kongs approach as a with pro quo with beijing. With respect to the trade deal but if you doesnt sign it now will not only undermines our the support of the senate it gives the democratic opponents for the presidency the opportunity to undermine it as extensively called it a tough position on china so well so that he. Does have Gregory Mahoney a professor of politics at its time in all a university in shanghai thank you for joining us on the program