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With china but will this rally sustain and later lose is seeing a major battle at the prospect of a bailout looms we bring you the latest from the ground in berlin with a packed show today so lets dive in. And we lead the program with the latest steps in reopening europes 3rd largest economy british Prime Minister Boris Johnson announced the loosening of coronavirus restrictions within the u. K. On tuesday. Speak i can tell the house. That we were all so. Restaurants and parks yeah. All hospitality. Will be limited to Table Service and dog guidance would encourage minimal staff and Customer Contact close proximity venues such as. My cars. Soft play areas indoor. Swimming pools and sponsors who im afraid need to remain closed for now. The Prime Minister also mentioned hairdressers in the country will be able to return to work as well all of this will take place starting on july 4th johnson also spoke about continuing measures to mitigate the spread of the virus. We want to stay in control of virus and save lives lets keep washing hands staying 2 metres apart wherever feasible to mitigating the recent one metre where not avoiding public transport where possible where you mask when you have to use public transport. Immediately if you have symptoms so why slaty you construct it to do so by n. H. S. Testing trace. Meanwhile here in the United States the nations top Infectious Disease specialist dr anthony testified in front of Congress Tuesday and said while we are seeing a lower number of cases in areas like new york he is seeing a disturbing trend in other portions of the nation. In other areas of the country were now seeing a disturbing surge of infections that looks like its a combination but one of the things is an increase in Community Spread we were going down from 30225220 now we sort of stayed about flat and now were going up a couple of days ago there were 30000 new infections thats very troublesome to me right now the next couple of weeks are going to be critical in our ability to address those surgeons that were seeing in florida in texas in arizona and in other states theyre not the only ones that are having a difficulty bottom line is the chairman its a mixed bag. And theres concerns about another surge in cases in the u. S. Continue lets take a global look at the spread of the virus with our t. Correspondent sorry to have it or so lets start in the u. S. Where are we right now branson nearly half of the states in the u. S. Are reporting a rise in new cases and some continued to see break records from their previous speaks and behind the scenes officials are scrambling to execute a new proposed plan titled Strategic National stockpile informally called s. And as 2. 0 and thats there were stock supplies like ventilators and 95 and other hospital supplies before states good or well with new cases but taking a look at the numbers right here the u. S. Is currently seeing a 25 percent increase in new cases compared to the previous week now this map shows where the number of new cases is rising and where its falling in the last 14 days so the more red you see the more the wide spread of the virus now texas has reported one of the largest rises in new cases thats an increase they actually saw an increase of 87 percent from last week with the states positive test rate nearly doubling. To 11 percent and now florida is also up about 88 percent last week and there are positive test rate is doubling to 11 percent as well i mean look at all this red thats happening right now in florida which really shows how the virus is spreading and arizona is seeing a 90 percent increase with 20 percent of test coming back positive but brand unlike in the early days of the pandemic its not so simple to say that its just a big cities being hit the hardest because for example in tennessee in trials bill county which has about 7800. 00 residents close to 1500. 00 of those residents have the right areas and many of them are inmates at a state prison and another great example is a Nobles County in minnesota or appear where right now has one of the highest infection rates in the country that actually started at a meat packing plant and ministration now claims that the rise in cases is due to a lot more testing but Health Experts argue that the number should actually go down with greater testing because theoretically should be able to trace to cases and slow this part of the virus brant are what about the rest of the world where we see surges elsewhere around the globe. So right now brazil has the worlds 2nd highest infection rate and president wilson there are decision to impose a lockdown has nearly has been widely criticized now he even continues to disagree with advice from his own Health Ministry arguing that the Economic Impact of a lockdown would be a lot more detrimental than the actual virus itself and you know he keeps repeating the same message that brazil cannot stop the economy should reopen and that the country needs to return to normal but there is really no normal when there are more than 50000 people dead and brazils Federal District government has also gone as far as finding president wilson error if he refuses to or mask in public which he continues to defy and then russia has the 3rd highest cases of the virus in the world and today russian president Vladimir Putin proposed a plan in raising taxes for the upper middle class from 13 percent to 15 percent to help cover of the cause brought on by the virus now meanwhile india has about 15000 new infections each day and this is very dangerous for a country of population of 1300000000 of people who are most live in a very Unequal Society where private hospitals pretty much only cater to the rich and then we have neighboring pakistan thats not doing any better where the government is determined to keep the economy open even as overcrowded hospitals are turning away patients and i want to go quickly over to the middle east where saudi arabia is overtaking iran in a new cases and has one of the highest infection rates right now in the middle east and for the 1st time ever saudi arabia is placing limitations on the annual hodge pilgrimage but critics are. That the program that should actually be canceled altogether and not just have limitations but you know canceling a pilgrimage would just add another economic blow i guess you can say to the king of them which is suffering of course from record low oil prices and brands of telegram it brings around 6000000000. 00 to the saudi economy and chair r t correspondent science editor thank you so much for keeping us up to date. And despite all of these concerns over the spread of the virus markets are in the green tuesday with the nasdaq continuing record highs while tensions between the u. S. And china remain in question so lets take a look at whats going on with boom bust christiane and todd horwitz chief strategist at bubba trading thank you both for joining us so much all right. You know we get along very well friends even i would say but you sent me an email this morning you said markets are closing lower what happened why didnt it happen that it. Well i mean they came up to honor from the highs but look they didnt make it that far they they tried to make a late run they tried to make the right at the end of the day the melissa in the markets are a little bit overdone here i mean theres you know if you want to call it a bubble ill call it a bubble but we dont know when the bubble is going to pop but ill call this a bubble now i think again youve got more stimulus and stimulus is not create jobs same is not create you know com companies theres still record numbers of Companies Going out of business every day until this country gets spread open again so again i dont think the markets look very good here but im certainly not going to step in front of them except you know in a day to day trading basis but overall look you cannot continue to go straight up without a real economy behind it and weve got our news coming next week theres a lot of headwinds there to be showing that weve gotten far too excited to where we are right now and watching stocks like apple amazon and google continue to drive the. Markets higher when the rest of the underlying markets are much weaker than that so i guess i would not be surprised if we didnt make it lower i didnt i was not right i was incorrect but at the end of that time certainly not going to be upset that they did solve 200 from i told you because ill take the profits kristie now i wouldnt move to that other point that i made there china u. S. Trade relations have reached their lowest point in years and now we have comments from navarro speaking the markets further what does the outlook between the 2 nations actually look like at this point. All right now theres just as tremendous mistrust between the 2 superpowers because by now youve had the trade war that lasted more than 2 years youve heaped over 370000000000. 00 in tariffs on chinese products youve whipsaw the entire Financial Markets and dented Global Growth on top of that and now you just add on top coronavirus which china is claiming this is actually should should be able to rule out phase one because it was unexpected headwinds but as bad as it is that china and new us are so codependent on each other like a bad relationship that no matter what they can decouple so no violence comments were completely unwarranted saying that means one is dead because by then trump immediately retreated that relations were still strong and still going because the u. S. Can do without trade with china china has proven that they are the manufacturing hub of the wall Global Growth does depend on china so as bad as a relationship is and as strange as it is and as much as maybe the u. S. Wants to decouple from china and become less reliant on china at this point it seems impossible to christies point is there actually any real possibility of decoupling a decoupling between the u. S. And china at this point. I think theres a higher probability i think its more than 5050 that we did cover from china i think that you know weve got too much going on which i think we dont need china china needs us that lets be very clear we are there are food source and without us they dont make enough food they cannot feed their people we can manufacture here it may be slightly more. Spends of but we can do everything here that they do there the only reason we moved was for dollars but again if it comes down to it we are very selfsustaining weve got the best food in the world weve got enough around energy we can have factories we can do can manufacture so i think theres a much higher probability other china knows that which is why there are still negotiations going on because at the end of the day they need our food more than anything else so they can threaten that theyre not going to buy they get my goat they can try to buy from brazil they can drive margins you know but at the end of the day we are the number one source and without us theyre going to have a lot of trouble we can survive easily without them you know kristie i want to move kind of back to what weve seen with markets like one of the biggest drivers of the rally today was obviously apple in its annual debbie to be d. C. Unveiling now it confirmed that its moving away from intel processors and using its own chips now is that an actual realistic move and how long is that translation going to take a transition that its all its going to be a very realistic no they actually just announce that they are transitioning to silicon its going to take about 2 years for apple to fully migrate over and over and this is supposed to be a more powerful more Energy Efficient and have security battery life and the far silicon systems are likely to ship out later this year but this is also likely in a deal to intel because apple is such an account tween 2 to 4 percent of intel its an all sales so losing out will necessarily be devastating but it will is definitely hurt especially in this Current Business environment where you really cant afford to lose anyone. You actually talked about this just a little bit earlier here where you said that apple and amazon they cant keep moving forward so i mean and that this bubble maybe not going to burst but that the momentum is not going to move forward d so what are we going to see in the coming weeks here. Well i mean that as hard as it is here the coming weeks i mean this is certainly amazon is gathering great benefit from the Current Situation there getting more sales right because people are going out there buying on amazon. Xoom is still doing very well thats another big stock thats been running like crazy but youre going to start to see some of the money slow down i mean you know people will not have enough now of course as long as the the fed can do just simulate with with that with liquidity and took all the restrictions of a banks you know this is smart people are borrowing money and investing it but i think youll see the market start to slow and will start to consolidate a little bit and overall other than the nasdaq the dollar the s. And p. And the russell are not anywhere near as strong and in fact you could make a case that theyre making a top here and could have lower which by itself helped drag the nasdaq lower you cannot have 4 or 5 stocks it drive the entire economy on a regular basis and i think eventually it will and again it could be tomorrow it could be in a couple weeks but shortly here well see you know very similar hours residue as we saw in the ninetys and into 2000 you had those great big bloss at the end of that big rally in Baba Horowitz and go bust cohost christine thank you so much for that expert analysis. Thank you. And time now for a quick break but i hear because when were. Facing turbulence in the midst of bailout talks with the German Government well bring you the latest from the ground in berlin and as we go to break here are the numbers at the close. Something for you your sports h. Q. Oh. Take a bite. An ocean of stories even the news worth knowing can overwhelm you. You can even your way i know you want it all let me bring you the bad. Its easy just. Play. Made flesh students birth new question. Number its as stars and endless as the sea and bring you all the insight distance death and. If drive all that remains in question. Im a journalist its all i know being a truth teller people say i make them uncomfortable good news is like a jackhammer good drill down and they find the truth Newt Gingrich because its time to do news again and question more. Like it was only hosts ask the question for the guests and then actually listens to the guests answer and then react to that answer a folks Dennis Miller here ive got a new show. Welcome back as the travel industry continues to be decimated by the pandemic a bail out for germanys Largest Airline remains up in the air r. T. Correspondent peter oliver is in berlin and filed this report. Bill of tons of bailout saga continues to roll on like 747 passing right over your head no agreement so far on the job cut package that its being put on the table for the german flag carrying airline thursday is the crunch date thats when shareholders will be voting on whether to accept the german state taking a 20 percent share novel of tons or an exchange for around 9000000000. 00 euros to around 10000000000 dollars of much needed cash for. Talks on redundancy packages were ongoing with the pilots union and the union that represents cabin crew with the airline no agreement has been reached so far we understand those talks will continue right up until the vote takes place on thursday if theres no agreement before then what will happen though is if they agree to that job could package then it could well be a step towards the german state taking a 20 percent share of love tons at not so fast though other bits of turbulence if you will in this deal reaching its final destination heinz till one of the major shareholders he owns 15. 5 percent of the corporation he says hes not entirely happy about the german state taking 2 seats on love chances Supervisory Board thats part of the deal thats being put forward by the German Government he was locked in talks on monday with the german finance minister and the minister for the economy no solution has been found there what could happen. Then with regards the tale is that when it comes to the votes on thursday he could well either a veto the whole which would mean the ascension the deal could be off the could abstain from the vote or he could well pursue legal action after the fact 22000 jobs remember. On the chopping block isnt the only scandalous facing this deal a there if you were cast your minds back earlier when i was talking about the union that represents cabin crew here in germany and their stake in these negotiations they had the u f o they called well the head of that union sis is reportedly according to media here asking for 1000000 euros otherwise hes not going to support the bailout deal he says that this 1000000 is for legal costs tangible losses isnt going down well in the public especially with considering how many jobs as i said risk ultimately what were seeing though is the future of one of aviations most recognizable brands turning into something of a soap opera peter all of a foot here in berlin. And a growing list of companies are temporarily boycotting advertising on facebook they say to combat the companys failure to stop hate speech and this information about list of companies continues to grow with brands like north face patagonia up work in r. E. I. Saying they will pause advertising on facebook and instagram to show support for a movement called hashtags stop hate for profit groups say the boycott is in response to facebooks long history of allowing racist violent and verifiably false content to run rampant on its platform joining us now to discuss cohost investigative journalist. Bet i feel like we put you on the facebook be quite often but youre so darn good at it like we do here now this boycott is clearly not being started by advertisers so who is. Behind it yes so its actually a kind of a coalition of groups were talking about the end of a c. P. The Antidefamation League but maybe 2 of the more famous and then you have some smaller groups are not not as well known but this is what they primarily do they focus on trying to drive advertisers away from content that they dont approve of were talking about groups like sleeping giants color of change free press and common sense these are groups again as i said really are specifically being created for the purpose of saying how do we get advertisers to stop advertising with content and platforms that we disagree with theyve done a lot of work in the past with fox news trying to get shows like Sean Hannity Show and Tucker Carlson show off the air so thats where theyve kind of been primarily acting in the past they say this that they are asking for facebook advertisers to show they will not support a company that puts profits over safety those are their words and now theres really only a handful of companies that have signed on to this boycott as of now with this actually have any effect. Thats a good question i think the effect only comes if theres a Snowball Effect and a lot of other Companies Get in on this because right now as you mentioned theres only about 4 or 5 companies that are doing this and these arent necessarily massive advertisers north face is a big brand but theyre not going to make or break facebook by any means we all know that look facebook reported in january of this year that they have over 8000000. 00 active advertisers on their platform right now in 21000. 00 those 8000000. 00 generated almost 70000000000. 00 in revenue for the company so facebook doesnt need 4 or 5 companies again they wont make more breakup the question will be will these companies if they have a sustained effort here and get others involved have enough of an impact actually harm facebooks bottom line i do think its interesting though brant that all of the companies that have done this have said this is a temporary ban none of them has said that they would walk away from facebook for good theyre say and will do until the end of july to try to send a message that that since absolutely no message the reality is that they need facebook a lot more than facebook needs them and these kind of boycotts have worked i mean it really worked its like you see Tucker Carlson you see laura going to show her theyre still so on their way but they have a little bit more impact on Something Like fox news because you only have an hour youll have so many ad slots in that time frame but facebook has unlimited slots so somebodys just going to fill that void of patagonia or north face in some capacity unless like you said they they are able to get more support for their cause and now weve seen other Tech Companies like twitter take more hardline positions on tweets say from the president and some of his speech how does facebook compare actually in that avenue yes i think thats a lot of what this is about the really comes down to the fact that these organizations dont like the fact that they spoke is not censoring the president or not censoring political ads in particular remember Mark Zuckerberg has said that he is not going to do any kind of fact check of political ads to determine whether they are accurate or not which of course as a journalist is. And troubling for me not because i think facebook should be in the business of Fact Checking political ads its because facebook is in the business of Fact Checking journalists in Fact Checking information all the time they just happen to decide that this is the case where they wont but we have seen this with other Tech Companies as you said twitters pull down all political ads pretty much snap chat actually stop moving the president s feed into their advice section so i think you know well see what happens with facebook but again this boycotts not going to make a huge difference unless it gets serious momentum. Thanks for following the story. Thanks for. Finally while facebook may or may not be facing up to evil with advertisers they may be getting a whole host of new viewers on their video game streaming platform microsoft announced monday it would be shutting down its Live Streaming platform mixer and attempting to move viewers and broadcasters to Facebook Gaming now microsoft has been struggling d to gain market share in the streaming space over the last 3 years but has failed to make inroads against some of the biggest names in the space even after acquiring exclusivity deals with some of the most prolific streamers including ninja and shroud yes those are peoples names looking at the numbers amid the height of lockdowns amazons twitch t. V. Actually skyrocketed nearly 1500000000 hours streamed on their platform in the month of april while you tube gaming hit more than 450000000 hours stream both nearly doubling their year over year while mixer had a meager 37000000 hours streamed barely growing from the year prior mixer will officially start redirecting viewers to Facebook Gaming starting on the 22nd of july and according to reports those who have exclusivities deals will be able to move back to the platform of their choice and thats it for this time you get a boom bust on demand on the brand new portable t. V. Affability on smartphones or google play and the Apple App Store by searching portable t. V. Get more information at portable t. V. See you next time. Join me every thursday on the alex salmond show and ill be speaking to guest of the world of politics sports business im showbusiness ill see that. One else seem wrong. But i. Just dont. Get to see. Just the answer. And if. It was betrayed. When some find themselves well its a part we just of the common ground. So become a battleground in the u. S. Government people of demanding the shutdown of a local plant from my yankee is right now my focus because its a very dangerous. Power plant the owner is attempting to run the reactor beyond its operational limits this case just sort of puts a magnifying glass on wheres the power in this country where is it going is it moving more towards corporate interests who or is it more in the idea of a traditional participatory democracy is or powerline with the people this case demonstrates that struggle has very real ways to struggle on r. T. Welcome to on contact today we discuss the censorship of Michael Moores film planet of the humans with a director. Perhaps is a form of denial or actually instead of understanding that with this civilization industrial civilization the human species were getting limits and were going to crash were in service kind of hoping that this fantasy will save us here as i discover that im not saying that all environmental leaders are on the take but one of the things that their critics ignore is that the shocking list of things that you dont win your day best from fossil fuels and you invest in supposedly sustainable you wind of investing in big ag you want to invest in and mining and banks all this thats part of thomas hardy talked about. Michael moore and jeff gibbs released a film in april called planet of the humans it was a frontal assault on the failures of the Environmental Movement accusing it of peddling false odes and selling out to corporate donors it derided the idea that we can hope the current eco side. With Renewable Energy the film lambastes environmentalist for celebrating the replacing of coal plants with socalled natural gas plants and then calling these natural gas plants clean or green or describing the burning of trees as a Renewable Energy source whatever you think of the film it is factually incontrovertibly that the leading environmental groups by misreading the nature of power have failed the activism protests lobbying petitions appeals to the United Nations and misguided trust and liberal politicians such as barack obama and now gore along with the work of countless n. G. O. S have been accompanied by a

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