Transcripts For RT In Question 20240713

Its a move no one seen in decades on monday oil prices plunged into the negatives prompting President Trump to make this announcement were looking to put as much as 75000000000 barrels into the reserves themselves that would top it out it would be 1st time in a long time its been good for the right price. Now adding that much oil is a major task but where do you store it meantime Oil Prices Continue their downward spiral today for more on all of this lets bring in our fronsac shes been following the story and this is the 1st time in history right that that oil has dropped below 0 right now and you know this is really a domino effect all from the coronavirus now people have these stay at home orders so people are theyre driving less no ones. Flying anywhere so you have all this extra oil not being used and theres only so much oil the world can store and were already bumping up against the limits of Storage Capacity and thats why were continuing to see the price to continue to sink now as for storing that much oil the department of energy is currently trying to lease some 77000000. 00 barrels of Available Space in the Strategic Petroleum reserve created after the 19 173. 00 or oil embargo now cheap oil leads to cheaper prices at the pump which is a big win for customers but data shows gas is down 50 percent right now compared to this time last year but again the demand is at an all time low as one oil industry analyst explains this is a no win situation you will go. Through is going through. Less and. Less Economic Activity in jobs. I know analysts say that the direct impact is going to be purely in terms of the job loss that they forecast with Companies Either going through their bankruptcies because they cant sustain these low prices or because they are going to have to cut down production because they wont have be able to sell the oil at that low price and fair a lot of these Oil Producers cant shut these wells down fast enough opec and the g. 20 production their cuts are are happening what in may so now you have saudi arabia and opec talking about moving that date up now they are and actually another big oil producer here russia actually they saw the same effects too with the ruble dropping in value overnight but russian president Vladimir Putin his office says that this is the should not be looked at from an apocalyptic angle he says now putin says that there is no plan as of this moment to set up another call with President Trump to look over the Oil Market Situation but it could be arranged quickly one analyst points out to fix the situation. In the biggest producers russia and saudi arabia they would reduce the amount of oil that theyre offering to clients across the world so again some analysts project this wont get cleared up for another 6 months milla but some actually project this will go all the way into 2021 meantime president just or the Energy Secretary and treasury secretary to come up with a plan to get funding to the u. S. Oil and gas industry as crude Oil Continues to sink and price manilla when is all of this going to end fair and front that thank you for filing that report things there is no doubt covered 19. 00 has impacted just about every industry including the transportation sector here in this country with fewer cars on the roads you would think now would be an excellent time for those badly needed road repairs right well thats not really the case are to correspondent natasha sweet takes a closer look at how this industry depends on so many drivers mainly on the drivers wallets whats traffic in the 2nd largest city seems like a good thing expressly for commuters but according to Industry Leaders within the Transportation Industry they say that this demick have halted projects by dean and maybe people wanting to use Public Transportation and a whole lot less stay at home orders keep the majority of americans off the roads some of the busiest highways are barely recognizable and while this may be saving consumers at the pump transportation Officials Say this could have a long term detrimental impact on infrastructure according to the american Public Transportation association the most utilized transit systems are carrying 70 percent fewer riders than usual romanian writers are mostly essential workers which include janitors grocery clerks and nurses these 30 percent account for roughly 2800000. 00 people less writers means a big slash in profits the Transportation Industry is expected to be hit hard with a lack of revenue from fares sales tax adds and parking fees say francisco Municipal Transportation Authority is already seen. In a 200000000. 00 quarterly loss new yorks metropolitan Transportation Authority is estimating a weekly revenue loss of 142000000. 00 while washington d. C. Metro is losing 2500000. 00 each weekday and in compliance with social distancing and stay at home orders most have already cut back on operations seattle has cut 103. 00 bus routes and is running fewer affairs miami has cancelled express buses and plans to outsource overnight service to and lift and despite the efforts many workers are still becoming ill in new york 2269 transportation workers a week to help make up for the losses the 2 trillion dollar federal stimulus package included billions for these Public Transit systems however nothing was allocated for state highways or bridges and as a result many projects have been halted in Washington State where the 1st case of the corona virus originated in the u. S. Dropped 92. 00 of its 100. 00 active highway projects vermonts 200000000. 00 Road Construction plan for 2020 is now completely on hold in San Francisco Business Leaders were hoping to put a one cent tax on the November Ballot that could raise 100000000. 00 over 40 years for transportation projects throughout the region but the pandemic interrupted the work needed from state legislators to get the measure on the ballot Officials Say for voters who do want to get on board for finding state highways the local roads can do so from 20222224 that made all the plans on the economy the work was put in and just how they can get back to normal reporting in los angeles because the streets are to. Be unprecedented peace deal between the United States and the taliban brought about hope that it could bring an end to the longest war in u. S. History but continued fighting a delay in talks and then the latest accusations against the United States are raising questions about the success of this agreement are his rachel wymans is joining us from the newsroom with more details to this rachel whats going on while manila just weeks after the United States signed a historic peace deal with the taliban. The group is now accusing washington of violating the terms on numerous occasions according to a document from the Talibans Political Office the us military violated the deal at least 50 times richer in march 9th and april 10th this includes 33. 00 drone strikes in 1000. 00 provinces 9 rocket attacks and 8 night raids the attacks killed at least 35. 00 fighters and 65. 00 civilians now the timeline of the attacks is both before and after the United Nations called for a global ceasefire in response to the spread of covert 19 the un secretary general called on all parties to pull back from hostilities silence the guns stop the artillery and the airstrikes but that was not the case in afghanistan following a weeklong reduction in violence at the end of february which was the lead up to the signing of the peace deal reports claim taliban fighters have since carried out more than 2000 and tacks and afghan and nato forces of carried out more than 400. 00 in response to the claims as spokesperson for u. S. Forces in the country said the United States remains committed to deal with the taliban and in accordance with the written terms of the agreement they will continue to support and defend the Afghan Security forces while the u. S. Has held on to a clause in the deal that allowed them to continue what they deem as Counterterrorism Operations the taliban has claimed the attacks carried out were in rural areas not outlawed by the deal and it has a q q as the act in government of delaying a crucial prisoner swap as one of the 1st major steps to implement the peace deal the taliban agreed to release 1000 prisoners and the Afghan Government agreed to release 5000 in multiple phases the taliban called for the release of its top commanders 1st saying they were needed to identify others however the Afghan Government said it would release the top commanders 1st but only if they went back to prison after helping to identify members when 100 taliban prisoners were released earlier this month the group argued it had no way to verify who. They were or if their release was legitimate the ongoing coronavirus pandemic and the threat it poses to prisoners and close quarters has increased the fear that the deal could fall through if there is a breakout in prison and a significant number of taliban fighters die now that he still has also been thrown into chaos by rivaling leaders in the Afghan Government attempting to claim power in addition to threatening to cut more than 1000000000. 00 in Financial Aid as the coronavirus threatens to spread across the country secretary of state might claim the Trump Administration is also considering a full pullout of troops if the deal is not secured while the top u. S. General in afghanistan has admitted that the war cannot be won through military fighting the latest claims of continued bombing by the u. S. Raised questions about just what washington is accomplishing as the longest war in u. S. History continues reporting in the newsroom Rachel Blevins archie and Chinas Central Bank is now introducing its own Digital Currency in a Pilot Program that will be 1st instituted across just 4 cities now internal test of the Digital Currency are being conducted in shenzhen. Chandu and. Its a Satellite City of beijing to improve the currencies functionality so joining us to discuss and probably explain boom bust cohost investigative journalist ben swan ok ben so explain this to us this is a Digital Currency it sounds a lot like crypto currency like bitcoin is it or is it different. It only sounds like it in every other way other than being a Digital Currency its nothing like crypto currency its more like Facebooks Libra because thats also not a crypto currency and the big differences clearly the fact that you have the peoples bank of china which will be issuing this they dont even have a name for it yet theyre calling it d. C. For Digital Currency or e. C. For electronic currency and essentially it would you know be set up as a Digital Currency but theres no privacy theres no way of not being tracked through it in fact the Chinese Government would not only be able to track everything youre doing with it but would have access to your Bank Accounts that youre putting these funds in to be able to monitor those Bank Accounts at all times so its nothing like a crypto currency in terms of privacy or protection ok yet totally not corrupt and bad is the goal and whats the point here if there is no there if you can track everything better than you can with paper money is the goal of this currency to eventually replace all that cash and paper money and for china to become like completely a Digital Currency society. Will look i think the chinese will say and they are saying that its not going to replace all cash you know things with remain the same it would just take some cash out of the system and move it into the system i dont believe that at all i believe that absolutely the long term goal here is to replace all cash 1st of all a lot of the Asian Countries are already nearly cashless societies theyre much further ahead than we are in the west in terms of using Digital Payment systems and apps on their phones to pay for things with this system eventually you get to the point where yet people cant deal in cash at all and by trying to make cash as worthless as possible then you remove the kind of the black Market Element to it people avoiding taxation and government gets to control the currency supply to an even greater extent so i dont believe them when they say they dont want the whole system to go that way look the reality is the positive actual crypto currency is by. Passing banks and peer to peer transactions but the negative side of Digital Currency is that government gets to own monitor and control all currency now real quickly i know the us has a lot of irons in the fire especially with corona virus happening in this country and all over the world but is there any chatter that the u. S. Treasury might be working on its only money i mean i hard for me to imagine the u. S. Government linking up i mean this directly and overtly with facebook i dont magine the u. S. Government would want to do its own right. Well you would think that and i would say in the past you were absolutely right but weve seen a very strange kind of quantum leap here in the last few years where a lot of federal agencies and Government Agencies have outsourced spying Data Collection you know privacy violations monitoring of citizens to Big Tech Companies this might just be another thing that gets outsourced to a Big Tech Company i do know this that as of last year when libor was being talked about pretty heavily and Mark Zuckerberg came under a lot of scrutiny over the libor association and exactly what libor is in the libor wallet remember he was in front of the senate on yes there were a couple of comments made that the Federal Reserve had looked at doing it but the u. S. Treasury itself has never really considered it and is so far behind so far behind the rest of the world especially china that the only way to fast track it would be to work with a group like facebook and again thats why i suspect that behind the scenes there are conversations going on where Facebook Says were already way ahead of you lets find some way to Work Together and as i said its been happening in other forms and i mean let me just throw out there that a lot of government offices here in d. C. Are still operating on like windows 11 so you know lets just say arent ology is not is not there. You know well leave it right care and then someone thank you so much for that update. Right Online Scammers show no shame in duping people looking to buy goods during this campaign make well discuss that topic with rick sanchez and then later at the sports h. Q. Regina hamm brings us a viral tennis video that might be the best one yet leave Roger Federer challenge check that out. Because the 20 or 30000000 people unemployed down the question is why they say why dont they have a statement thats a very important question that we need to look at. Has changed american lives but pharmaceutical companies have a miraculous solution. Based drugs to people who are chronic pain patients and believe that their opioid prescription is working for them on the remedy be sent to the price at the. Grocery dependency and addiction to opiates to long term use that really isnt scientifically justified and ill study actually suggest that. The long term effects might not just be the absence of benefit but actually that they might because we want to. Sell them as used to put on a chain young enough to continue a little spike thats a in association with management on the desire to know. That much older than herself but i put a vocal just a little earlier that i was going near them she still. Feels to me up on the show as it was still up because i. Do some more push. Pull for you but its not just on thoughts almost unusable not on one level so theres 2 more stuff. To. Us and it has just passed a 2nd coronavirus stimulus bill this one aimed at helping Small Businesses and hospitals be roughly 484000000000 die. Dollar rescue package comes just one week after the initial 350000000000. 00 Paycheck Protection Program ran out of money now this latest stimulus package will include 310000000000. 00 for the Paycheck Protection Program 75000000000 for hospitals and Health Care Providers 60000000000 for the Economic Injury Disaster Loan Fund 25000000000 for Virus Testing and about 11000000000 for states to expand their testing capabilities. All right me internet is flooded with people probably just like you and i because of these lockdowns and stay at home order so with so many of us online theres bound to be scammers just waiting for that perfect chance which is why the federal government and agencies like the f. T. C. Are warning the public of internet thieves and deceitful ads rick sanchez has been following the story and is joining us now with what we need to look out for. Him and its really remarkable the number of scams that are going on right now and the federal trade commission and the Better Business bureau want to reach out to as many people as they can and it makes sense right whats going on right now as never before have we had so many people on the internet so many people staying at home at essentially using vehicles that they would never normally use so much thats why the bad guys the scammers and organized crime were being told is going after you and theyre going to try and get you any way that they possibly can so heres what the f. T. C. Is saying by the way theyre really a good resource and im going to give you information i can contact the f. T. C. And get the latest on all these scams that are going on right now because theres really just too many to name mandela so heres the general god large ok heres the f. T. C. Has put out these general guidelines i want you to know about number one dont respond. To tax emails or calls about checks from the government if you filed income taxes 428029000 the government already knows your information and they will be according to what the federal government is saying sending you your checks based on that you dont need to be trying to contact them and certainly you dont need to contact them through 3rd parties number 2 ignore all online offers for vaccinations and at home pasts people are out there telling you they can help get you a vaccine people are out there right now telling you that they can put you on a waiting list so you could be 1st where the vaccines come out because its going to take too long to get them its a scam there is no vaccine the vaccine is not going to be here for who knows maybe more than a year unproven cures the f. T. C. Wants people to understand that if somebody contacts you or if you see promises of cures through medications of vitamins oils potions do not send money do not give your personal information to anybody doing that and the other big one is testing. Very is no one out there outside of federal agencies and those sanctioned by federal agencies to provide the tests do not fall for the you can test yourself at home scam which is what the f. T. C. Is actually calling it and also be careful of any emails where somebody reaches out to you telling they can help you get your test on then directing you where to do so yes there are hospitals and health care and agencies who are working with the government to do the testing but they are not reaching out to people by email by text or by telephone so if somebody reaches out to you please note that they are a scammer number 3 hang up on all robo calls at this time scammers are using illegal robo calls to pitch everything from low priced health insurance. To work at home scams and number 4 watch for emails claiming to be from the c. D. C. Or the World Health Organization the w. H. O. Somebody says theyre with them they are not with them because theyre not contacting individual persons and finally let me leave you with this there is so much information out there and we all should probably be educated and connected so going to give you 2 websites you can go to number one the f. T. C. Has put out a really. Good web site that i think is valuable its called f. T. C. Dot gov backslash coronavirus they literally have every answer they are about every type of scams they even have little venial video vignettes that you can click and watch to see how these scams work so you see them before they do it to you and then finally if you have been scammed if somebody got you and you gave them information and you want the government to possibly go after these people or at least file the complaint so that they know whats going on go to f. T. C. Dot gov backslash complaint thats f. T. C. Dot gov backslash complaining and i guess the bottom line in all of this right now more than ever Internet Users beware manila back to you. And that is music being played on this cost remember and stay now on this somber day survivors attend ceremonies they share stories and participate in marches but that unfortunately is not happening this year because of the covering the virus. And over in los angeles family members of 4 passengers killed in that Helicopter Crash along with laker great kobe bryant have now joined kobes widow and filing a wrongful death lawsuit against the companies that own and operate an aircraft and the suits were filed. On sunday in Los Angeles Superior Court the lawsuits come 2 months after but us and bryant sued Island Express Helicopters Incorporated for the death of her husband and 13 year old daughter giana. And much of the world may still be on lockdown but there is one place that surely is not thats outer space and that nasa and space x. Have announced may 27th will now be the new date to resume astronaut launches from the United States together they plan to send 2 astronauts to the International Space station because for the last 9 years the u. S. Space agency has been relying on russia to help launch astronauts into space and return them safely to earth. Lets head over to regina ham at the sports h. Q. There are some tennis players that have some insane hand eye coordination but this young woman just beyond me its out of this world right and youll definitely want to see this because this tennis player julia meyer well shes taking the Roger Federer challenge. He has fans through grace the hash tag at Home Campaign and hit some pretty rapid fire volley i know this looks fake but meyer is not just using her hands but her leg and she did not drop the ball to actually the few famous fans of the world number one Novak Djokovic sharing some m o ts to congratulate her and is pretty and off angelina thinks shes a big fan of other celebrities and tennis stars took part in the challenge but this is definitely the best one out there. Tom brady won 6 super bowls during his time as the quarterback of the new England Patriots but all of those ratings dont mean that he cant get into hot water from time to diet the now Tampa Bay Buccaneers quarterback was asked to leave it to the park after he was spotted working out 42 year old did leave without an issue to the parks are closed in an effort to stop the spread of the current virus however the city took a moment to have some fun with tom saying on twitter quote to clear up any confusion bucs quote. Back tom brady was cited in one of our 194 beautiful parks he was not site isnt given a citation as some Media Outlets reported we were excited to welcome tom and everyone back to all of our parks once we have planted coded 19 down the field. It was a historic moment for one of the biggest marathons in the world when the 124th running of the Boston Marathon was postponed to september however for one runner waiting was not an option and he was determined to finish the race as planned Patrick Mcatee was the only runner to hit the pavement wildly massachusetts on the original day of the marathon the premier spring that was postponed to the fall due to the coronavirus but make i decided he was going to laser the shoes and take up the course anyway and we had a small bit of support from nearby drivers as well he ran a modified Half Marathon course just casual 13 point one miles of a deal without the support of thousands of fans of spectators that normally line the entire race the medical device Sales Manager finished on the actual finish line on boylston street in boston and he is all smiles there but he said he had a long set of driving forces in his life in deciding to run this years event take a listen i was thinking about obviously my loved ones the people i love in my life. The people who have supported me. You know i think. I look pretty emotional guy so i know how to launch out with my mom on sunday and. My wife and i are expecting a baby in the next 3 weeks and. Its a scary time for a lot of people so the thing that keeps me keeps my life sort of balance is running. And thats a great story back to human are very inspirational all right thank you regina and that does it for us i mean ellen chance thank you for watching us in america. Is your media a reflection of reality. In a world transformed. What will make you feel safe from. Tyson nation the whole community. Are you going the right way or are you being led. Direct. What is true was his faith. In the world corrupted you need to descend. To join us in the depths. Or a maybe in the shallowness. After a lot cluster primary democrats and their media friends have decided on joe biden as their Party Nominee is healing to bill will the grasses fall in line with offering voters and will the d. N. C. Experienced buyers remorse. Coronavirus Climate Change and concerns about reopening the United States too soon will cover all the angles on this are taking. What the politicking on larry king. Jr will join us to talk about his Environmental Activism in the time of colbert 19 but 1st the virus has our shit in economic anxieties unemployment woes and need for federal go an action to help people who are struggling chris lou joins us for the