Control the outbreak this week we would reach 20000000 by just a cases of corby of 9750000 is green shoots of hope and no matter where the country a region a city or a news its never too late to the outbreak around the agencys executive director of Emergencies Program said that unlike the seasonal flu coppa 19 is not showing the same seasonal patterns this one is has demonstrated no seasonal pattern a switch so for what it is clearly demonstrated these you take the pressure off the virus to buy responses back thats the reality thats the fact. Meanwhile new zealand marked 100 Days Without Community Transmission but Prime Minister just send up ardern a caution that the country must remain vigilant. Significant hearing of. Any of the really. Long as we have. You know were only going to grow you know. What it is im all. This comes as europe once the epicenter of the pandemic is seeing spikes in ireland france and even italy will European Countries they took extreme measures by issuing strict lock downs in the early spring but theyre worried about a possible 2nd wave well according to i f o German Companies expect these restrictions to last another 8 and a half months this would be through april of next year meanwhile the u. S. Now makes up more than one 4th of global cases the country surpassed 5000000. 00 infections on sunday now the amount has doubled since the end of june and comes only 17 days after exceeding 4000000. 00 cases according to a new report by the American Academy of pediatrics and the Childrens Hospital association more than 97000 children tested positive for cocaine 19 over the last 2 weeks now thats a 40 percent increase were seeing in child cases the result states are still under pressure to open schools by this fall. Over the weekend President Trump signed an executive order for a crown of our stimulus this comes after failed negotiations with congress but trump said the executive order gives republicans much of what they wanted. What. You. Want my book. For more on the relief deal and how markets are doing we are joined by bill moyers cohost christiane and c. E. O. And chief strategist for quo intelligence and former Federal Reserve insider danielle de martino whos the neil lets start with you President Trump on saturday he signed this a series of these executive orders to expand this relief bill to americans but these new orders theyre probably going to face a legal challenge is continuing the programs would require federal funding which obviously congress controls whats going to happen now and will democrats challenge this. Well i do think that democrats are going to say that theyre going to challenge it and i do think that there will be a challenge to this but i think the Sticking Point is theres probably not a democrat or republican or a politician in the country who would actually try and stop this money from going out directly to to people in need of it people who are still unemployed there are people in the bases of both the rip republican and the Democratic Party so again i think that there will indeed be legal challenges it is only under under congress authority to to allow such as you to legislate spending weve never seen fema funds used for an emergency of a pandemic so obviously all kinds of legal rules are being rewritten but i dont think that the democrats will go so far with what do we have now 12 weeks left until the election with this little time left between now and the election i just cant see them stopping the money from going out the door well its interesting because people are in dire need of this money and thats been a big issue where of republicans have said that we will meet you halfway well negotiate or at least do a temporary deal democrats seem to be wanting it all or nothing at all christie whats your take pelosi told of fox news on sunday that they they will probably have possibly go to court with this. Absolutely and i think danielle is right i think the democrats will want to challenge us but at the same time it doesnt look good for them if if every the entire population suffers im not getting the funds that are so direly needed right now well kristie let me change gears here a little bit and turn to u. S. China tension and relations that are waiting obviously all eyes happen to be on tick tock and whats going to happen in the future in the next 15 or a couple days it seems that beijing has just sent its clearest signal that it will oppose the sale to talk to microsoft and that likely to any other u. S. Buyer whats the latest here why i dont think that should come as any surprise to anyone because its plainly optimistic to think that beijing would relinquish the most valuable tech company right now to so easily to the u. S. Without any sort of fight at all so last week there were talks and elaborations on the table and by dance now plans to sue the trump and ministration and fight for the right to continue operation so right now this lawsuit alleges that the trump administrations executive order is unconstitutional because it did not allow to talk enough time to respond and that the claims that tick tocks being a National Security threat is completely baseless and unsupported so take talk c. E. O. Said that giving away his golden goose so soon would cripple the companys ability to grow into a global tech conglomerate so when initial reports about a sale to microsoft 1st surfaced chinese users were furious calling this deal a robbery of Chinese Technology and that the c. E. O. Is a sellout and a traitor so if faced a lot of pressure on backlash to fight back and so now its looking like the company is doing exactly that now so the lawsuit will be filed in california and this is definitely looking like another hallway to point out kind of battle we knew it was going to go without a fight per usual but then allan lets move over to to lebanon here tuesdays blast it damage huge parts of its commercial main trading pour in there in beirut what effect will this have on the economy i mean its already been struggle. And in financial crisis even before the blast. You know i think the world misunderstands the depth of the situation in lebanon and ive studied it very closely that the corruptions been going on for a generation now the accident was literally waiting to happen but the fact is right now the its not the right time for world authorities for the i. M. F. To be playing hardball i understand that reform measures must be taken it seems as if the government is about to collapse that might not necessarily be a bad thing but what we need to appreciate about lebanon 1st and foremost is that theyre on the theyre on the verge of having a famine theyre on the verge of having a humanitarian crisis the likes of which we cannot comprehend the likes of which they have not seen since since the world war 2 era when there when food was completely cut off from the area so its the depth of the economic crisis and cannot be overstated in any possible way shape or form and it is up to the world right now to stand up immediately and make sure that that help and humanitarian aid is sent to lebanon as soon as possible well done how is this going to further affect a middle east market. Well yes so obviously there will be ripple effects for other middle middle east markets but i think i think the point that im trying to make right now is that sometimes there are bigger matters than matters of economics and this is one of those times in the midst of this covert crisis because every outlet of Economic Growth including travel and tourism believe it or not to lebanon and all of its been cut off with this latest a massive emergency hitting the country i think that the onus is upon World Leaders right now to step in and. And come together on behalf of the people of that country absolutely kristie this fight this global turmoil u. S. Equities they continue to make new highs even ted a what supporting this and are we going to see it continue i think we all know that this is supported by the trillion. Of dollars as being costly pumped into the system and added so weve been saying this all along in the minute that the Central Banks take his foot off the gas pedal the entire thing will crumble because its not supported by fundamentals at all everyone is trying to equities simply because thats the only place with any sort of yield right now and it becomes a selffulfilling cycle as the old saying goes dont fight the fed and as long as the fed keeps on printing it keeps on going up but the problem is that one day the fed will stop printing and all of this temporary stopgap measures that will have to stop so then what will happen. Plainly will see probably a huge wave of corporate bankruptcy and because all the businesses right now are hurting without any sort of stimulus right now facing short term liquidity problems and once that set in and employment problems they will continue to exacerbate and get even worse so the entire recovery that we were all praying for this v. Shaped bounce that never really materialized i know people who are stuck still keep on wishfully talking about it but the truth is that we have plateaued and so we need growth to pick up again and that requires a tremendous boost and a tremendous catalyst the last time we were in this situation china was the Growth Engine that kicked off growth again for the entire world and drove growth for the last decade but this time we dont have that catalyst so everybody in the world is just waiting out slowly and i looks like everybody in the world is waiting out the leaf for that vaccine and it wont be until then where we can possibly eat and who knows because theyre even saying that a vaccine may not necessarily guarantee immunity youll have to get boosters theres a lot to be learned from from the virus and whether or not were going to get the vaccine or not do any of the merging of those and christiane thank you both so much for your time today thank you thank you. Yan a c. P. And the u. S. Government are among those seeking billions in claims against produce pharma over its role in the nations opiate crisis will produce filed for bankruptcy last year to resolve litigation the company face for widespread addiction to its painkillers well much like other creditors u. S. Prosecutors and the and ugly c. P. Had to file their Financial Claims against produce. By the end of july legal analyst carols contributor with americas lawyer has more on those claims molly thank you for being with us today good to see you why is the its and ability c. P. Arguing that it should receive now part of this bankruptcy settlement. I think at this point because the deadline was creeping up and they feel like theyve basically been left out of the conversation so they want to come to the table and say hey youve got all these creditors including the u. S. Federal government the saying we want x. Amount of dollars in order to address the crisis in our particular communities because there are what some 2000 lawsuits that perdue and other manufacturers are facing throughout the country for their role in perpetrating this highly addictive pain killer to the average person and of lacey piece says you know we feel like the media as well is just legal enforcement attention has been paid more to White Communities than it has to communities of color who have also been impacted in devastated by this drug abuse and they feel like if theyre not at the table participating making claims putting in their request which is up to 10 1000000000. 00 theyre going to get left out of the conversation and a lot of those resources that they need to address those same issues that are affecting White Communities whether its treatment for addiction or just finding the resources to help people overcome overdoses those need to go to communities of color as well and if they dont put their name in the hat right now theyre going to get left out of that well and they have said in the past and now theyre saying that they havent necessarily gotten the same resources as the White Community has which is why there are forward but how hard has the Minority Community now been hit by this opiate addiction. Well its interesting i read a couple of different studies that said initially early on back in the ninetys and early 2000 you saw more White Communities that being prescribed to them it was just the nature of access to health care as well but as you got into heroin addiction when moved on to other access to different sorts of pills that it did start to hit communities of color as well including black communities as well sustained communities and. Act in 201720182001000 you started to see a lot higher rates of been an issue maybe not initially hit as hard according to one study as maybe the White Community simply because they werent being prescribed them as much they didnt have the access to health care and it goes to the bigger role of actually why the federal prosecutors were investigating the way produce pharma and others encourage doctors to prescribe these it was you know people who are dealing with pain it affects people in all communities of color whether its white lack or otherwise but it was just how did their insurance how it was you know how did they respond to pain problems and it did trickle down to the black community who is certainly feeling the effects of this addiction just like any other neighborhood and community in this country absolutely we know its a huge problem here in the country mali how much are federal prosecutors asking from the settlement and why. Anywhere between 13 and 18000000000 thats the upper end of what they can ask essentially and theyre really trying to settle twofold theyre trying to settle the civil litigation as well as any criminal complaints and that all goes to you know what did you know when did they know it where they illegally marketing this drug saying it was safe to prescribe when it wasnt where they giving kickbacks to pharmacies doctors the like to say hey go ahead and prescribe this at 90 pills for 30 days and lets see what happens its not addictive so theyre really trying to cover a lot of bases to get as much as they can just like a lot of creditors and you even have some pharmacies that are also you know hit and hit for that last deadline to at the end of july to get their name in the hat to recoup some expenses in this bankruptcy settlement if you will even though theyre being sued too as being part of the problem and not doing enough to stop the flow of drugs that were going to people so theyre being sued as part of the problem but theyre also now asking for us that all that money out of this is yes its pretty crazy like c. V. S. It is it is everybody has their hand out everybody say and not my fault so i dont know how you decide whos who but i think thats part of what theyre trying to get to the bottom of. Yeah and i will definitely follow along to see how this all plays out molly barrows contributor with americas a lawyer thank you for joining us today. Thank you. Time now for a quick break but stay here because when we return kodaks wild spike may be coming to an end were going to break down the investigation into the companys stock and how its putting a 3 quarter 1000000000 dollar deal with the u. S. Government on hold other go to break heres a number thought the club. Will look forward to talking to you all that technology should work for people. Must obey the orders given by human beings except were such orders that conflict with the 1st law should your identification should be very careful about official intelligence and the point obesity is too great trust in the shia. Areas and with Artificial Intelligence will summon the demon. The robot must protect its own existence as a linux system. If. The us economy was booming growing numbers of people when they did. You can work 40 hours in a week and still not have enough to get housing everybody believes america still has the land of opportunity the reality of the were not financially equality and im not comfortable lounging or living. One age gave many people no choice but to just been a problem with the city always turned out to be excited told me straight away id almost call it the food if there is no answer because youre still requires. The most vulnerable and abandoned on the streets to become invisible clouds. The world is driven by shaped by. The dares thinks. We dare to ask. This those books. In the early nineties seventies how much can a psychologist fix all just proposed to the west but in senate a social experiment wanted to let paedophiles adopt and care for neglected boys experiment was approved. It was used to model. On those who want to. Go to tend to believe that sex with older men would help with the boys socialization over 30 years many children were handed paedophiles to raise. New questions a little hard to blogs and. School boards looking for. Boardrooms or she didnt miss the old paul good to see someone to go through. Canada has been stuck in the middle of the us china trade dispute wealth of that country arrested the chinese executives back in 2018 at americas request although china has tried to punish canada at their various means including blocking goods it seems the asian super powers hunger for the canadian mati is too strong to flow the full well artys alex mahela bit the story. Just a few years ago it seemed like canada and chinas relationship was on the right track renewing our relationship with china is extremely important for canada. Until now. The canada china relationship has somewhat lacked in stability and regularity. We know the china will play a central role in shaping the Global Landscape in the years to come while canada was happily buying made in china goods china was purchasing billions in canadian products like meat soil and plenty of canola which is mostly made into cooking oil however things went south when canada arrested many one c. F. O. Of chinas tech giant wall way man was detained by canadian officials and being coover on december 1st 2013 at the request of the Us Government has been held under the suspicion of fraud related to allegations that she violated u. S. Sanctions against iran and is waiting possible extradition to the states with the arrest canada put itself in the middle of a trade war between china and the us since then canada has been punished by china through is trade restrictions and allegedly to the arrest of 2 canadians instead of trying to ease tensions with its 2nd largest trading partner after the States Canada has chosen to dig in its heels heres the u. S. Secretary of state mike palm pale canada stood firm against the chinese government. Partys ox is taking its 3 Major Telecom cares have also banned untrusted vendors even with canada taking action against the asian economic powerhouse now some canadian meat is being allowed into china but canola trade remains strictly limited at least officially the fact is the demand for canadian canola also known as rapeseed has recently sort internationally and has found a back door to china while china has deeply cut its canadian imports china is buying canola oil from other countries who buy much of their raw canola from canada as it stands canada is the worlds biggest producer of the yellow flowering plant in fact its canadas number one crop last year it earned Canadian Farmers over 6 point 4000000000. 00 us dollars i had bad weather and insects which have caused the lowest yield in 13 years for the e. U. And britain for 2 years in a row canadian canola is crushing it although canadian canola exports to china fell by 45 percent year over year during 11 month period through june the countrys total canola exports have jumped by 9 percent with france doubling its purchases and the u. A. E. Tripling its import shipments in fact last week ice canola futures hit a high reaching levels not seen since october 2018 the jump was mirrored by a price rally in china which an attempt to limit supply from canada has caused an increase in cost for the oil at home according to reports a manager with a china based canola importer has said profits are extravagant anyone who has the resources to import canola oil will definitely buy it is like gold oil now currently canadian stockpiles are high and canadas dollar remains competitive meaning as much as china might not like it a little bit of canada will be on its kitchen tables for the forseeable future for boom bust im alex my love its. Very bad news for kodak after a match. The 765000000. 00 loan deal has now been put on hold well thats thanks to allegations of wrongdoing by kodak and its executives as we previously reported the deal came about when the u. S. International Development Finance Court Announced plans last month to loan kodak the funds to now produce ingredients drug ingredients that is out attack trees but now well that deal has been put on hold until these allegations can be cleared up the d. F. C. Tweeted on july 28th we signed a letter of interest with Eastman Kodak recent allegations of wrongdoing raise serious concerns we will not proceed any further unless these allegations are cleared will joining us now to discuss is bill must cohost an investigative journalist on found lets start with the allegations here whats actually being claimed about kodak. So its Pretty Simple here that little that you mentioned that the 760000000 alone was announced it details the world in july 27th but the season to getting that number one on what grounds was it leaked in the 1st place thats a very important and and secondly after that how can that control the disclosure of the law which caused the stock price 25 percent. And then looking at the fact that Stock Options were granted to exact. On the day. So were looks and Stock Options were granted to executives on july 27th those options instantly became profitable because of that 25 percent that isnt the correct allegation thats in look. Lot of serious concerns here especially from the democrats about the amount of money in this amount alone going into a company like kodak because they have no pharmaceutical experience but were going to follow this and continue to follow it im sure a bunch want you will be back with us to break this down further once they reach us some sort of agreement or see what happens there boom was cohost an investigative journalist but the. Space x. Has been in the headlines for working with nasa to launch astronauts to the International Space station but space x. May also be the next big partner for the pentagon well according to the wall street journal musks space x. Won a multibillion dollar contract with the department of defense making it one of 2 primary satellite launch providers now the deal will see space x. Take over about half of 3 dozen launches over the next 7 years this breaks up the monopoly that was held by United Launch Alliance which is a joint venture between familiar names like Lockheed Martin and boeing well its also a leap forward past amazon c. E. O. Jeff Bezos Blue Origin which also hit on that contract well thats it for now you can catch a boom bust on demand on the brand new portable t. V. App which is available on smartphones and tablets to google play and the Apple App Store by searching portable t. V. Portable t. V. Can also be downloaded on newer models of Samsung Smart t. V. s as well as roku devices or simply check it out the portable the t. V. The next time. The sudden and illegal takeover of the government by a small group. Rather than revolution results soldiers thats the situation when you have. People who have all the power you have to have some means to make sure the rest of us dont get together and take a back lead police or sacrifice some places that capitalism exploited and destroyed for profit and left behind misery poverty environmental devastation and so you see things like Voter Suppression building more prisons you seem gerrymandering all sorts of undemocratic practices. In the world. This world. Of the. Lead. Join me every thursday on the alex simon sure and ill be speaking to guest of the world of politics sports business im show business ill see you then. During this year we talk about all those crazy problems out there and then during the summer we hit you with solutions thats right so lucians and today were going to be talking with the nose of coin floor dot. U. K. Illustrations but exploited this time not just get up but just tell them. Which not. To sleep for she marched or im going to. Post. The punch to monsignor thomas moore some. Protesters reportedly been killed during the antigovernment class whose main scott salter an explosive went off in his hand gunfire has been heard in the but a russian topical mass demonstrations have erupted throughout the country over the president ial election heating to thousands of arrests including an all to correspond. 2 has now been released. Resigns following growing pressure over last weeks devastating blast in
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