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Transcripts For RT Boom Bust 20240712

To get back to school which side will have the strongest appeal. This is boom bust the one business show you cant afford to miss branch a bore in washington coming up the United States has left new restrictions on china for alleged human rights abuses in the province of shinjiro straight ahead we analyzed for brandon what effect the move will have on global trade routes plus the race for a tobin 1000. 00 vaccine has been condensed in record time causing some uncertainty but are these fears warranted coming up we break down the dash for a cure and a later and boeing stock has suffered in the wake of this probe virus and the 737 mexico introverts were taken. Look at the newest moves coming from the Aerospace Giant its back show today so lets dive right in. And we lead the program with another escalation in tensions between the United States and china as the Trump Administration has banned the import of certain goods from the shin jiang region of the country u. S. Customs and Border Prote

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Transcripts For RT Boom Bust 20240712

Up that gavel has been struck in the United States has decided to ban popular apps tick tocking we chat as china u. S. Tensions continue to climb straight ahead we break down the social media crossfire plus the fate of a Coronavirus Vaccine has a glimmer of hope as experts are aiming to have one on mass production by the end of 2020 well take a look around the globe at the state of coping 1000 infections and where we stand with here and a later space x. Has hit turbulence launching starling satellites as the private sector set its sights on Space Exploration with a packed show today so lets dive right in. And President Trump has made his decision rejecting by dancers compromise of selling a portion of their widely popular social media app to talk to us Company Oracle now the president has now announced that tick tock will be banned in the United States on app Stores Beginning sunday the Commerce Department said friday that as of sunday any moves to disk. Or maintain we chat or tic tac

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Transcripts For RT Boom Bust 20240712

Kristie. Well this was actually a really smart move by the u. S. Because a sweeping ban would have made more of an impact a statement but then you also risk getting challenged legally where things are sure to get shaken loose and released a part of that is because then the u. S. Will be disrupting the whole cotton ecosystem and supply chain and china would surely retaliate with a ban on american cotton which would just escalate things to a whole new level mike montes front but even so many Industry Experts see todays move as deepening the trade tensions already because this is a market move from tariffs on finished products to now also including Raw Materials and commodities so now the u. S. Is moving upstream and thats causing ripple effects across the entire supply chain because sheen downs cotton is a crucial piece of the supply chain as a makes up 80 percent of chinas output and 20 percent of the worlds supply so analysts estimate that 24 percent American Textile and apparel import

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Transcripts For RT Boom Bust 20240712

Mean updated versions of the app cannot be downloaded joining us now to discuss our boom bust cohost bents want to christiane and they become in this story with us all week long so thank you so much for that theres another twist on a friday ben i want to start with you because even though we have heard a lot of talk about banning tictac by the administration all that is really being banned are that at this point are really updates correct. Yeah so this is kind of a ridiculous move here by the Commerce Department what theyre saying is look you will not be able to get an update on tech talk but if you already have it on your Android Device or you have it on your apple device you can still use it so it doesnt change anything now that the restrictions are we chatter a little more strict beginning on sunday its going to be illegal to host or transfer internet traffic associated with we chat so its more strict here now get this the german ministration says that beginning on november 12th nov

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Transcripts For RT Boom Bust 20240712

This is boom bust the one business show you cant afford to miss youre born washington coming up the gavel has been struck in the United States has decided to ban popular apps tick tocking we chat as china u. S. Tensions continue to climb straight ahead we break down the social media crossfire plus the fate of a Coronavirus Vaccine has a glimmer of hope as experts are aiming to have one on mass production by the end of 2020 well take a look around the globe at the state of cope 19 infections and where we stand with here and later space x. Has hit turbulence launching startling satellites as the private sector has set its sights on Space Exploration with a packed show today so lets dive right in. And President Trump has made his decision rejecting bite dances compromise of selling a portion of their widely popular social media app to talk to us Company Oracle now the president has now announced that tick tock will be banned in the United States on app Stores Beginning sunday the Commerce

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