A factor that employs nearly 1000000 people the trouble ministration is now considering restoring funding to the World Health Organization this is just one month after the president announced it would suspend funds over the alleged mishandling of the krona virus meanwhile the chinese president xi jinping pledged billions to the organization to help fight the pandemic. Trying to provide 2000000000. 00 over 2 years to help 19 response in economic and social development in the friendly countries especially developing countries is funding. This comes as the head of the w. H. O. Promised an independent probe into the Global Response to covert 19. I will initiate an independent evaluation. Yes appropriate a moment to review experience game. And to make rico members shoes. National and global fund to meet preparedness and response europe continued to ease its lockdown on monday as new infections and deaths have significantly slowed many countries are preparing to open their borders next month this in time for summer tourist season meanwhile new cases in brazil topped the total in italy the country reported nearly 15000. 00 new infections on saturday alone cases are also surging in mexico and peru as these at latin american countries are struggling to contain the growing pandemic russia now the country with the 2nd highest number of cases just behind the u. S. Its kovan 1000. 00 growth rate did slow to a record low of 30 percent or 8926 new cases in the last 24 hours. Now lets bring in boomers cohost christy i for some Market Analysis kristie the modern a crown of our respect seen a trials are showing some promising results here and are fueling a rally in the stock market the dow is up nearly 4 percent what are we seeing. Why i think one of the big news is madonna as you just mentioned the Company Reported that after 2 doses all 45 trial participants had developed coronavirus antibodies now meanwhile this is still very early data but still very promising so we are massively up this morning around 3 percent across all the end next days as fed chair paul promised americans that quote theres a lot more that we can do to help the economy during his 60 minutes interview he also hinted that the fed is not out of ammo yet and that there is no limit on what they can do with these lending programs now this is kind of reminiscent of morrow jockey when he famously announced whatever it takes basically with this just are investors are now in a buy everything mode now knowing that there is a safety net with the fed buying everything including Corporate Bonds now all the games today are being led by some. The most beaten down and heavily short of cyclical names such as autos Energy Transport banks and more than 90 percent of the s. And p. Are rising today so this may be overly optimistic as were likely to see some choppy trading as states are still struggling to be open the economy is well kristie where is all this buying coming from and is it even sustainable. Well it will look at thats where it gets really interesting because according to the latest from Deutsche Bank flow data hedge funds and various other levered investors professional investors have continually tried to take down exposures including today during this rally continuously selling out of all the positions and winding down their exposure so by contrast robin hood Charles Schwab all the retail brokers theyre reporting record by volumes today so this shows you that right now institutional are selling out and selling down to Retail Investors and this is kind of concerning as you have the pros getting out of the market while retailers are kind of buying everything in sight thinking that theyre getting it at a bargain discount price and also according to no more Asset Managers and never have continued star to sell out or be short or be very hesitant to equities month to date well kristie let me turn it over to to softbank whos suffered this huge loss this past quarter not due to their we work situation whats the latest on that front. All saw thank took a massive hit from we work last year but now with the latest Earnings Presentation it revealed this new valuation for the coworking startup to be now at 2900000000 as of march 31st now stop bank was its largest investor plying over 18500000000. 00 into the company and work was once valued as much as 47000000000 dollars last year before his botched i. P. O. And while there was a time period actor its failure when it looked like it was kind of stabilizing with a hole in one place but the current wave was truly the last nail in the coffin as a pandemic may coworking a dangerous activity so now it seems like the future is in co working in shared spaces rather its home office and teleconferencing well kristie let me ask you one more question do you suggest with all the stimulus is the fed are they actually going to honestly look at negative rates i know they said no last week but is that the reality i think that the reality is that they are going to have to take a look at negative rates because treasuries right now are pricing it in and as much as investors would want theyre still pricing it and so as much as powell says that hes not going to you may consider and that is nowhere in the cards for the u. S. We will probably eventually get there especially when the entire world is at negative rates its going to be a tough decision but a lot of stimulus already in forced into the economy so well keep an eye on that so much cohost christine thanks for that analysis. Thank you. For all the talk of the need for Contact Tracing apps there are reports monday that the tracing technology being jointly created by apple and google will be virtually useless well according to the Washington Post local Health Authorities and states like north dakota as well often countries such as canada and the United Kingdom well they say theyve pleaded with the companies to give them more control over the kinds of information their apps can collect without the companys help some worry their Contact Tracing systems will remain dangerously strained joining us now to discuss is boom bust and investigative journalist ben swan than good to see you. Too sir wire is already there and varying countries including some local governments here in the United States now saying that the apple google collaborative will not be of use. Well theyre saying for a couple of reasons the biggest reason is because you have local governments as you said and National Governments around the world that are demanding that apple and google do more the what theyre willing to do right now the issue is simply this apple and google are saying we can use this Contact Tracing app to be able to monitor where people are not everyone has to opt in under this system you can choose to opt in and if you do that it would tell you essentially what the notification within 2 weeks whether youve been in contact with someone who had coronavirus but what it doesnt do is give you a pinpoint a location of exactly where you were it doesnt track your movements from place to place and thats what governments dont like what they want theyre complaining about is that theyre not getting the nuff from apple and google they want to be able to trace exactly where someone was what they were doing who they were around. What point they were at and where they went to next and where they went to next and so theyre complaining but that theyre not getting enough information and apple and google are essentially saying you what too much information and privacy laws and the desires of our customers is that they not be tracked everywhere they go thats right and some countries in europe weve discussed previously in the past few weeks how how they were asking the. Google to ease some of these Privacy Restrictions and lets work didnt actually go through them but let me ask you this apple and google both saying that there are some privacy issues here thats what their take is for the customers right well is this an issue of Data Collection and who collects the data and then who keeps the data and where does it go. Well that is part of it i mean part of it is that these 2 Tech Companies apple and google are saying hey well gather the information well have the data and then well pass it to you and thats in range in a lot of Public Health officials and and politicians because they say no no no you collect the data you give it all to us and well decide what to do with it and there right now theres a battle between essentially the private collection and storage of this information versUs Government collection and storage of the nation and i dont think governments like the idea of not being the ones in control of it but theres also a technical issue here thats very important in order for this app to work you essentially have to have your bluetooth on the entire day 24 hours a day and then when youre out and about that bluetooth is connecting to other devices that also have their bluetooth on what apple and google are saying is listen a lot of our users are going to get mad when their phone batteries are dead right away because theyre Walking Around with their bluetooth on and running this because remember the other thing that these governments are asking for is that even when you turn your phone off or you move to a different app that that bluetooth apps keep running in the background the entire time and apple and google are both saying no to this because it essentially violates their their policies to have an app running and tracking you in the background but it would also drain your battery almost immediately especially if you have an older device well especially if you have an older device like youre saying and most mostly because we still have leased they say the option to turn off the settings on that be able to track us when were not using those apps but then we do know that some government such as the United Kingdom theyve decided not to work with apple and google and instead theyre developing their own Contact Tracing system one of their own but is that really not working correct its really not working and you know when you say these governments have decided they say or it apple and google will just do it by ourselves sarah governments are terrible at most of the things they do but theyre certainly terrible at developing tech and in this case theyve decided to do what other countries are deciding as well as well just go without you and will create this test without. We dont need you now theyre finding out actually they kind of do need apple and they do need google to do this because their apps are not working but i think this is important i just want to mention it Contact Tracing as a concept doesnt make sense right now ive heard from multiple doctors who are saying that Contact Tracing is only valuable in the very earliest stages of a virus and at the point were at now context raising wouldnt even necessarily make sense because so many people in the population either have antibodies in their system or have been exposed and so Contact Tracing now wouldnt even necessarily work very well well even if it wouldnt necessarily work do you see the government continue to push for and will they eventually get what they want well they will continue to push for it and i think you have to now ive asked the question is this Contact Tracing actually about covert 19 or is it about more surveillance and those who kind of scoff at that idea like oh well you know why why would we believe that well why wouldnt we believe that when every other major piece of legislation thats been passed in this country for the last 20 years has been about developing a surveillance state this would only add to surveillance being able to track your exact location at all times and if you mandated into phones apple and google for instance android and apple devices you would essentially be able to say all people are being tracked by their phones at all times i think government will continue to push for it the question is will Tech Companies go along with it or will they try to be the masters of that space and make governments dependent on them or i mean then then we have on our phones for example apple where theyre asking you can we store your data were health data you can turn that on or off to so do you see them breaking down eventually. But well i think the apple has its own purpose i dont ever say go for apple and google writes i just dont see them necessarily as good guys in this i still dont but i think what theyre doing right now is theyre pretending to resist governments by saying we care about our our customers but they dont really care about our customers just look at their recent history and you know thats not true i think what theyre actually trying to do here is that apple and google or essentially saying we want to be the ones who control the information gather the data store the data and we decide what governments get i mean in doing this apple and google as Tech Companies become more powerful than any government in the world in terms of surveillance they become the most powerful incity when it comes to that i think thats ultimately what they want and thats exactly why the government is turning to that because like we said i mean the government is going to be able to break this we saw the f. B. I. When they finally cracked the apple phone when they were trying to solve and do the investigation in california over the shooting so apple then i dont know that was a p. R. Stunt or if it was just hey like were going to protect you guys and protect the customers but they managed to pull it off at least to make the audience think hey were protecting your data when it comes to that cohost of the swan an investigative journalist thank you for the analysis. There are things. Time now for a quick break but here the number is at the close. 54 jets and more than 1300 military personnel are headed to air force base in alaska where is that to say come on ill show you whats the reason for any type of enhanced u. S. Military presence in this area rush up. What is it suddenly about the South China Sea that makes it so that it 11000000000 barrels of oil. Take a look at this map who really owns what kind of says no it belongs to us india says no we claim that that belongs to us both of these countries have Nuclear Weapons capabilities there is reason for concern so thats why were going to drill down on this story for you today right here on the news with rick sanchez where you know as we always like to say we do believe by golly its time to do news again. During the vietnam war u. S. Forces. It was a secret war. And for years the American People did not know. How much it is officially the. Country per capita. Millions of unexploded bombs still in danger lives in this Small Agricultural country. Even today kids in the house full vixen. Drops decades ago is the u. S. Making amends for the tragedy in laos built to the people need in that little land on. We go to work. Straight home. Tensions are flaring up once again between the United States and china both over the handling of the chrono virus and Communications Technologies from wall way on monday spokesman from always said new u. S. Sanctions on the talk giant threaten to devastate the company. In this relentless pursuit to tighten the stranglehold on our company the Us Government has decided to proceed and ignored completely the concerns expressed by Many Companies and industry associations. This action this decision is both arbitrary and print issues and threatens to undermine the entire industry worldwide. The new rule will impact the expansion maintenance and continuous operations of Networks Worth hundreds of billions of dollars that we have rolled out across more than 170. 00 countries this comes days after the trouble ministration restricted the companys ability to use American Made chips this includes taiwans t s m c which supplies over 90 percent of while we smartphone chips for more we are joined by dean of the miami business school. John thanks for your time thank you for joining us today now while way has already been hit after last years restrictions that cut off access to american components and software this was last may these new restrictions now theyre extremely worrisome for the Telecom Giant will they be able to survive. Yes ill be able to survive but this is one more turn of the screw by the u. S. On huawei and its effort to slow down the wild ways efforts to globally dominate the 5 g. Market. The Consumer Division of huawei accounts for around about 50 percent of wild ways total sales and this particular regulation is aimed at that 50 percent that is focused on consumer smartphones. An interesting point here is that a big player is Taiwan Semiconductor and so this will put this effort by the u. S. Will put taiwan in the crosshairs of u. S. China trade tension well currently the u. S. Is leading china right leading the world when it comes to technology and Artificial Intelligence but experts are now cautioning that china it is ring facon so is this a simple race for whoever has the more advanced technology. Well the advanced technology is important and clearly the u. S. Is still ahead in most arenas but china is catching catching up still way behind but i think you know from a global point of view the Global Consumer is going to be advantaged in the long run by this very exciting competition between the u. S. And china. Its not just however about technology its also about standards its about whos going to set the International Standards for these networks and for these platforms and that is as much about global diplomacy as it is about Technology Leadership or even with 5 g. Over the u. S. s threatened countries who will allow always lived into their their their countries and the u. K. For example several countries have already said were still going to allow while weighs 5 g. With certain components especially with china having made the made in china 2025 and theyre trying or attempting to be the Global Leader in ai by 2030 let me turn this up a little bit because i want to ask you about the China Australia relations australia joined the u. S. When it called for an investigation of china over the alleged what they call the mishandling of the coronavirus well china had australia with tariffs that total 80. 5 percent on australian barley shipments australia is now the right brightening to take that matter to the World Trade Organization will that do anything. Well im not sure that that will resolve the matter and certainly not quick enough for australian bali farmers. China is the major export market for australian bali and were talking about a 1000000000. 00 worth of trade each year its unlikely that the australian bali farmers are going to find other markets quickly for the bali while on the other hand. China has a certain amount of leverage here because it can go to canada or to go to argentina or to go to france and source bali from those countries. To the countries that have been the subject of rigorous sanctions from the United States are now working together as iran ships fuel to venezuela the u. S. Is reportedly looking for ways to intervene which could signal a new conflict amid these increased tensions over more we bring in our. Hands to discuss all the details rachel whats the latest conflict in this well in response to these reports that iran is in the process of shipping supplies divinest rayleigh u. S. Officials are reportedly deciding whether or not they want to intervene to try to stop this exchange now if they do so one of the measures that they could take would be to deploy u. S. Navy ships to the Caribbean Sea in an effort to prevent 5 iranian tankers that are currently on route with more than 45000000. 00 worth of gasoline and supplies to prevent them from reaching venezuelas ports now the u. S. Has yet to say that its going to do this but at the same time we know that they have very very strict sanctions on iran and read us we allowed to try to cut them off from the rest of the world and its definitely been hurting both countries but how has iran responded to this right while iran has actually filed a complaint with the United Nations arguing that if the United States goes so far as to try to stop the shipments then it would be seen as a legal in an act of piracy and any consequences that come out of that are on the fault of washington now irans a spokesperson for Irans Foreign Ministry also spoke out and he argued that the u. S. Has no right to try to dictate where runs tankers are around the world take us no he had to say you know by your own code what american stated regarding our oil tankers in various locations around the world is illegal and shameful if they make any move. Against this really legitimate sealing of our ships i would definitely place reaction by the Islamic Republic of iran because of them now irans Supreme Leader has also called for all u. S. Troops to leave iraq and syria and he has gone as far as to say that if they dont we voluntarily than they will be expelled and its not clear yet exactly how that would happen but of course making statements like that is likely to once again increase tensions in another area between the u. S. And iran the United States has played sanctions on both of these countries say theyve placed them for quite some time now how are are these really affecting these 2 countries right well the u. S. Is targeting 2 countries that are known for their oil reserves and they have essentially cut off business with the rest of the world as a result of that and when we take a look at iran specifically we find that the countrys g. D. P. Fell 4. 8 percent in 2018 when the trumpet ministration began implementing sanctions and it fell another 9. 5 percent in 2019 and employment rates also rose from 14. 5 percent in 20000 to 16. 8 percent in 2019 and the i. M. F. Is forecasted 0 growth for 2020 now the sanctions on venice whale have left hundreds of thousands of civilians now lacking access to food water and basic medical supplies and this partnership with iran has given venezuela minimal access to chemicals it needs because it is otherwise unable to refine its own oil but the u. S. Has seen the exchange as a way for the 2 countries to undermine sanctions now we have seen countries around the world calling on the u. S. To pull back on these things in the time of the coronavirus but the u. S. Has instead doubled down so those sanctions are going to remain on iran until they agree to restrictions on their Nuclear Capabilities and that theyll remain on venezuela until they agree to overthrow their government one tensions have been flaring up from both countries we know hyperinflation is present in and i saw on that has been for several sometime now that was r. T. Correspondent Rachel Blevins thank you think. Well a crown of ours has put a halt to much of the Global Economy the race to space continues over the weekend at Nasa Kennedy Space Center the United States space for launch the mysterious x. 37 b. Into orbit loaded with experiments the spacecraft or Orbital Test Vehicle will circle the globe testing new technologies to maintain security in the space domain sundays launch was dedicated to the Health Care Workers and others working to fight the pandemic. Thats it for this time ethan catch boom bust on the man on the branding part of a t. V. Ad available on smartphones to play and the Apple App Store by searching portable t. V. Has always checked out on you tube dot com slash boom bust r. T. L. See you next time. Well its finally happening russia gave to the public is on the architects of the hoax and all of their accomplices in the media are being exposed what did obama and biden know and when did they know it will anyone be held accountable d. It. Could. Look. To new to show you the little signals you do so you can. Join up on. The show the stuff the film maker says faked to force you to quit thank you judy but do we know its. More. Or less stiff but. We should be politically. To blame for the police that. Is likely to shift should citizenship. But. You are no offense but you no longer a young woman in fact you are one of the last living survivors of the nazi else asked im aware of it. All you like. You can never forget the other guy now auschwitz was really like to be inhaled because he would never believe it want to go to as a copy of a course for 30 years im open to the contrary of it it all seems so a lot of riot police im waiting to make it right when i get out on the farm saw you know what song to heard next the oh so he can listen and hopefully bless my heart hurts. 54 jets and more than 1300 military personnel are headed to heal some air force base in alaska where is that to say come on ill show you whats the reason for any type of enhanced u. S. Military presence in this area russia. What is it suddenly about the South China Sea that makes it so of added 11000000000 barrels of oil. Take a look at this map who really owns what kind of says no it belongs to us india says no we claim that that belongs to us both of these countries have Nuclear Weapons capabilities there is reason for concern so thats why were going to drill down on the story for you today right here on the news with rick sanchez where you know as we always like to say we do believe by golly its time to do news again. Hey kids welcome to Dennis Miller plus one today were going to be joined by Bret Michaels lead singer from. 45000000 discs so hes on the other side of the sun so im sure wondered the whole fight out about poison will find out what hes doing during the corona because the cat is in the main categories diabetic number one so hes got to watch him self but walt because brain find out all about Bret Michaels right after this on Dennis Miller plus one