Been able to be released the Panama Papers would never be able to be released the idea that you cant share hacked or leaked documents unless there are any can be sent out of its with the hacker or someone working with the well what was what was Edward Snowden right he was someone who took leaked and not just leaked when he was the leaker took those documents and present presented them to news organizations who then shared them and said hey the n. S. A. Is spying on the entire country Edward Snowden would not be able to have his information out on twitter or by the way twitter is not the only company that does this google also has a policy where they say that if you put anything up thats been hacked or leads theyll remove you from youtube your channel will be canceled so its a very strange policy to put into place and as a journalist i think its very chilling because journalists have to use documents that are leaked or taken at times we know we can leaks is on this as well has documents just because a document is hacked or leaked doesnt mean its untrue. And we actually started this segment discussing the f. C. C. And we often talk about regulation of social media here on boom bust so what power does the agency actually have to regulate social media companies. Well thats the real question here you know i ship by the chairman of the f. C. C. Essentially comes in and says because hes been contacted by members of congress were going to take a look at how to enforce you know the section 230 and make sure that its being followed but what can he really do a section 230 is essentially an act that says that you cant 1st of all let me be clear about this section 230. 00 was created in regards to books in libraries right thats how it was a rigidly written so the fact that section 230. 00 has been heavily applied to Tech Companies is kind of weird its a weird idea that no law has been created since the boom of Tech Companies and social media that addresses specifically social media and instead were using its equated laws that deal with Library Books in order to enforce this but having said that what the f. C. C. Was to do is now kind of clarify what it means to be either a publisher or to be a platform that is really not covered in section 230. 00 other than to say that you cant hold a platform responsible for what someone else is doing but what section 230 doesnt say is what you can require that platform to do so exactly what the f. C. C. Would do here is very unclear and if were talking about banning certain stories or blocking things thats also different that even shadow banning that goes on where they dont remove a user they just make it so that nobody can see them because its not very clear as to who shadow bandon who is gray band of all that kind of its very its very difficult to tell and quickly before we wrap up here how can we have 50 actually crackdown on these companies because one twitter user pointed out statement that newspapers get to choose what stories appear in their papers so twitter gets to choose what stories appear on twitter so dont private companies have the right to control their confident about 30 seconds left here but they do private companies have the right to do this what they dont have the right to is Legal Protections. Essentially if youre a platform you have a Legal Protection that says you cannot be sued for what a user puts on your platform. So Twitter Facebook and google have been able to grow to these behemoth sizes because of the protections that come through that so essentially yes you can put it whatever you want to your platform and deny whatever you want to your platform but you are not entitled to Legal Protections as youre doing so interesting well keep up on this story boom bust cohost and investigative journalist ben swan thank you for breaking it down. Brynn thanks. And pharmaceutical giant pfizer says it will apply for emergency approval from u. S. Regulators for its covert 19 vaccine in late november if there are positive results in current phase 3 trials now the potential vaccine being developed with a german firm bio insect is currently being tested on roughly 38000. 00 people worldwide in a letter published friday pfizer c. E. O. Said the company could know whether the vaccine was effective by the end of october but warranted changes in infection rates among participants can alter the timeline to receive f. D. A. Approval the companies will have to provide safety data related to at least half of the studies participants describing the effects of the vaccine for the 2 months following the last dose pfizer biotech say they will be able to produce 100000000 doses this year and at least 1300000000 in 2021 several governments have signed deals with the companies to secure doses if trials proved successful and with this in mind lets go ahead and take another look at the trends and spread of the virus globally with r. T. Correspondent science have injured so where are we friday so brand were now near 40000000 people globally last been infected with cold 19 about 1100000 who have died but since the pandemic theres also been 223000 people who have died just here in the United States and you know alone on thursday over 65000 and new cases reported now the number of cases alone of course is not a full measure of the current outbreak right because its very difficult to compare the current numbers that were seeing right now and compared with earlier months when testing was really not available but even so were obviously headed in the wrong direction because if we just look at the fatality rate right now were averaging about 700. 00 deaths per day a sure sign that the country is in for a very tough winter now to. Taking a look at the states that are really driving these numbers so far in october 25 states all these states have reported record increase in new cases while 10 states the ones that you see into darker green they have reported record in deaths and now these surges are unlike anything theyve experienced earlier in a pandemic for example in the midwest daily new cases hit a record with over 22000 new cases while states like Wisconsin South dakota and New Hampshire their new cases have doubled jess this week and so far california the state thats the state with the most total cases is followed by texas florida new york and georgia now although those states account for 40 percent of all the reported cases in the u. S. But in addition to rising cases hospitals in several states are also really struggling to handle a flood of patients so while this looks out of control right now our Health Experts are really worrying that the Current Situation is going to get even worse because colder temperatures are going to drive people inside thats when theyre going to lead their guards down and not follow any proper social distancing of brand and covert 1000. 00 is obviously rising in other countries in fact in 80 countries and these are the current countries that are reporting the most new cases per day and now india is topping that followed by the us france brazil and the u. K. And then these are the countries that are reporting the most deaths per day again in india u. S. Brazil argentina and mexico and lastly brant while obviously theres no cure yet for coven 1000 right but there have been some treatments that ive gotten an emergency authorization that one of which is. Thats the only antiviral drug right now authorized for treatment of colon 19. In patients in the u. S. And thats that same drug that was used by doctors to treat president tremor earlier this month after that as a positive for the virus but even that very promising drug according to a new Study Released by the World Health Organization today states that might not even prevent deaths among patients w. H. O. Study called the soul dairy trial found crowed the ram best of year appeared to have little or no effect on hospitalized over 1000 patients as indicated by overall mortality initiation of ventilation and duration of hospital say now they also found the same results in other antiviral drugs used to treat patients so it appears no drug or combination of drugs is going to reduce mortality the chances of mechanical ventilation would be needed or time spent in the hospital compared to a patients who are giving no drug treatment at all brands so definitely not the news we need to be hearing right now our chief correspondent sorry to have to thank you for keeping us up to date. We had a mixed week for Global Markets as investors are keeping an eye on Economic Data and the state of stimulus talks here in the United States so lets see where things ended up a star in russia where the mo x. Is down for the week a possible 2nd wave of covert 1000 cases has investors watching as the nation reported a record daily increase in coronavirus deaths now the ruble reached its weakest mark since october 7th due to a rise in new cases as well as news of the European Union and britain imposing sanctions against top russian officials moving to asian markets the shanghai composite its in the green for the week the index soared early in the week on trade data showing the countrys exports and imports had increased imports surged 13. 2 percent in value the index however did fall later in the week and lost less than one percent on friday alone on concerns of a covert 1000 resurgence worldwide in hong kong the hung for the week for its 3rd consecutive weekly gain trading in hong kong was suspended on tuesday due to a typhoon by friday the index rose just about one per cent on the latest upbeat trade out of china looking for that economic recovery Financial Firms led those gains as well in japan the nikkei its in the red for the week the index fell about a half a percent on friday at close losses in the paper and pulp railway and bus and real estate sectors led to shares lower lets move to deal where the sensex is also in the red for the week the index plunged on thursday due to the heavy selling pressure on i t and Telecom Stocks on friday metal stocks and banks rebounded from losses in the previous session still not enough to end the week with a green arrow in australia the a. S. X. Ended the week up with a 1. 2 percent gain its 2nd straight week rise on friday the index shed point 5 percent though big mining miners banking heavy weights and biotech all contributed to those losses in south. All shares it is also up for the week despite sliding about a percent and a half on thursday alone as hopes for that u. S. Stimulus bill they just diminished and lockdowns hit sentiment so lets now head over to europe and the americas where we could take a look at western markets to see how things that up there in london the footsie it is down for the week u. S. Stimulus hopes really hurt the markets there as the country continues to see its 2nd wave of coronavirus cases forcing london to institute more restrictions of the german dax and french well they followed similar trends as well also down the 2 countries are also seeing a resurgence in copan 1000. 00 cases but the indices saw some gains on friday autos and apparel pushed things up both gaining more than one percent on friday alone in brazil but it is up for the week after being closed on monday for a holiday index closely monitored news of the u. S. Stimulus negotiations and know that they have not been fruitful as of yet in mexico the b. M. V. Its in the red for the week the mexican peso fell for the 1st time this week in 4 sessions the index took a big hit on thursday are concerns over that 2nd wave of cases that theirs is happening in europe and still no u. S. Stimulus thats weighing down sentiment across the world and in the u. S. The nasdaq and the dow they were able to finish the week out in the green after a choppy week the s. And p. However it is just about flat within a few points of going positive or negative markets were up friday on positive Coronavirus Vaccine news as we previously mentioned pfizer said it expects to have safety data by late next month retail sales reported friday also showed better than expected results rising 1. 9 percent in september and well finish things out and canned the t. S. A. It finished the week flat as well after plunging on thursday Energy Stocks and crumbling oil prices way down the index although it did see some gains on friday on optimism. Possible progress on that corona virus vaccine so moving forward markets are going to have to keep an eye on the state of the u. S. Economy the progress on the stimulus relief bill and the contentious election which is just over 2 weeks away and that is your Global Market walk. Time now for a quick break but hang here because when we return amid the pandemic sports are in need of distraction but cobe it has wreaked havoc havoc on nearly every major league coming up were going to have a panel to analyze the financial state of the industry as we go to break here the numbers at the close. But that is the. One that you know what i get. Out of the. Hope but this year i. That the us are still stuck at the so. To do something this is. How the about the political process is going and i was like well with someone that you know will look at. Secret prisons and usually what comes to mind when thinking about europe however even the most prosperous can be deceived weve been busy roads on the word to view the houses were allegedly prison was located and the only people had access to the story to investigate. The darkest dealings of the secret services but i mean. In. Thanks for justice. And welcome back from time to time and boom bust we like to take a look at the business of sports at the onset of the pandemic the future of sports throughout the world were in jeopardy with nearly every major league forced to cancel or pause play of course leagues that were made season like european soccer leagues they were able to finish out their seasons in the us the n. H. L. And n. B. A. Well they resumed in a bubble format and were able to crowned champions in recent months while Major League Baseball instituted a truncated season which is wrapping up now in a bubble of it so american football on the other hand well its just getting rolling but outbreaks of coping 1000 have caused issues at both the professional and collegiate level so lets go ahead and take a look at the Financial Impact of the pandemic on sports with. Dr Victor Mattson professor of economics at the college of the holy cross with a specialty in Sports Economics and our Sports CorrespondentStephen Chris thank you both for being here steve i actually want to start with you here what are we currently seeing with covance impact on sports well brett i mean it goes without saying obviously football were in mid football season which tried to start up its a disaster for the n. F. L. And college this weekend alone were seeing already 6 major games most notable 3 top 10 schools being canceled at Oklahoma State florida and cincinnati are 3 of the top 10 schools that have games that are now canceled but up to this point now its only been about 56. 00 weeks theres already 32. 00 total postponements cancellations of college alone and we know whats going on with the n. F. L. Every day you hear of new outbreaks on several teams most notably the titans who have 24. 00 positive cases but then were also seeing an issue like today for example with the Indianapolis Colts in the n. F. L. Had 4 positives but they were false positives after they were retested so were seeing some issues with the accuracy of the testing as well and then like you said over overseas with european football with soccer were seeing christian and although probably the most high profile athlete so far to get copa 19 hes in jeopardy now of being able to continue they were in the middle of you at the nations that play now you have a Champions League starting up october 28th for his who vents a squad against barcelona that leno messi verse for and all the match up is in question interesting now professor mathis then i want to start with the n. F. L. With you here what has been the Financial Impact of the profession of professional football here were seeing games being moved around quite a bit they and in fact they change their whole schedule up just last week plus we have a trickle down issue as fans are in the stands so there is that money being made in the stadiums as well as Small Businesses around the area what are you seeing here. Well so all of the big leagues were hoping that they could they could maintain maybe 60 percent of their total revenues if they were able to come back at least on t. V. Even if you didnt put any fans in the stands so if you look at the n. F. L. There are about a 12000000000. 00 company and that includes about 6000000000. 00 of media rights some sponsorship licensing so even if no ones buying tickets or no ones buying parking or hotdogs they can still generated on of that money the question is whether they can do that all season how thats going to affect obviously how they share that money with the players and of course that its a gigantic it for everyone involved players owners and of course the regular workers who work as doctors as concession people and as as bartenders and servers and local restaurants and its even messing with t. V. Schedules now because when saw thursday night football which has its own night to have a Football Game was actually canceled this week that game was moved into monday i believe is that right steve yes ok. Well lets talk a bit about College Football as well where nothing cancellations of high profile games and other Major Conferences like the big 10 thats actually set to start up this next week when we talk about the loss of revenue in pro sports generally you know obviously we talk about some of the people who work in arenas but also its a lot about the billionaire owners but these big collegiate programs they raise money for the entire university and the smaller sports in fact there was a report out this summer saying if ohio state was to cancel their season completely it could cost more than 100000000. 00 for the University Press rason i how important is it financially for these leagues to finish out the season when it comes to College Athletics. So its an interesting thing when we talk College Athletics for a big program like ohio state a sensually the finances of the Athletic Program are completely separate from the finances of the rest of the university and while one 100000000. 00 is big thats also less than 5 percent of the total operating revenues of a Large Institution like ohio state that being said cancellation of football was absolutely devastating to that Athletic Program for a large power 5 conference the outcry was states clems in the alabamas of the world they generate over 80 percent of their money on College Football but with by filling up 100000. 00 person stadiums and by selling huge amounts of media right if those games dont get played you have to if they figure out how to plug a 100000000. 00 hole hundreds of millions of god dollars it not just go to lavish football that soltys but also go to fund a womens soccer mens tennis across. All of the other things that the Athletic Programs work and this is a real case where you know the haves are actually hurt a lot more than the have nots smaller universities like my own for example we dont count on generating millions of dollars through our College Football program and the cancellation of the season isnt as important for us but the bigger they are in this case the heart of the all in favor i want to go back to the m b n h l n n b a why were these leagues able to finish in a bubble and did everything go off without a hitch basically of the situation yes of course we most notably talk about the n. B. A. And the n. H. L. But they were able to because one they were picking up and finishing off the regular season very shortly and then picking it up at the playoffs unlike the n. F. L. Who was trying to sort of brand new season and then well see if they can get to the playoffs which is trouble now and they dont have a bubble we clearly see if you dont have a bubble system it clearly doesnt work as were seeing with the end albeit 1st before they moved into a postseason bubble they had a lot of issues and now they have 47. Of days with no positives the n. B. A. And the n. H. L. As you stated earlier i believe had 0 positives as well throughout the bubble process and with the n. F. L. And College Football it is a disaster so they were able to because of that contained format with the players and coaches and staff but with the n. F. L. You have 100. 00 coaches players and staff your own able to house that many people for a 5 month season plus the playoffs steve christakis r. T. Sports course professor victor math and thank you both for your time today. And thats it for this time you can catch boom bust on demand on the brand new portable t. V. App which is available on smartphones and tablets through google play and the Apple App Store by searching portable t. V. Portable t. V. Can also be downloaded on your model Samsung Smart t. V. s as well as roku devices or simply check it out at portable t. V. Well see you next time. A sort of amazing country with we were so many friends in russia and im very excited to be here. I love that idea i think i can do. Different guys to make a lot of money with them but they make millions and hundreds of me. Heres a nice one. A great wall and nobody feels a lot better than me believe and ill build a very inexpensive like a great great wall. d just in case youre worried about whos going to pay for it mexico will pay for. It will see what happens who knows i always say who knows what well see on the field it will be success. Secret prisons are not usually what comes to mind when thinking about europe however even the most prosperous can be deceived weve been busy road zones there were too few houses were allowed to leave prison in the worst. Located the only people had access to the story investigators she covered the darkest dealings of the secret services but i mean. You grated nor. For. Trying for justice. You. Give me my baby. Is not. The most companies you know the. Compass he most people almost call him you know he goes from didnt you know this was. His pro you know i call. Someone dumbly. You see him you come on this all. Day. Ok your loss to. The world is driven by a dream shaped by one person. Thinks. We dare to ask. Is your media a reflection of reality. In a world transformed. What will make you feel safe. Isolation and community. Are you going the right way or are you being led. Directly to what is truly what is great. In a world corrupted you need to descend. To join us in the depths. Or remain in the shallows. Americans love buying homes. And this was a fundamental part of how our Political Leadership and our country at large understood the bargain you get a hoe and then you know rebel right thats the things you dont revolt if you have a stake in the system. And be really interesting to dial it back and think about the longer deeper history l. A. Housings men in the United States not just that old question of the American Dream and the bigger question if you the dream is in for. Islamic radicalism strikes again in friends says president emanuel macron calls the beheading of a teacher in paris and act of terror for. Washington rejects russias proposal to extend a Major Nuclear arms treaty between the 2 nations just months away from expiring. Also with coronavirus numbers now surpassing the peak from earlier this year curfews and restrictions are being reimposed across europe. And preelection madness in the us as republican slams social media giants for banning an explosive article on the