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Transcripts For RT Boom Bust 20240711

Celebrated thanksgiving a month and a half ago, and since then, the nation of 37000000 has seen its daily coronavirus case count, nearly triple. According to the Public Health agency of canada, the number of infections has gone up from 2000 new cases a day in mid october to around 5500 a day, with few canadians flying to get their turkey dinner. Many are blaming the festive gatherings themselves and not travel for the surge. If the current trend continues Public Health officials in canada say that the country could see up 260000 new cases of covert 1000. 00 per day, by the end of december. In the states, a search like canadas would likely take the country over the edge. Currently, the u. S. Is seeing approximately 200000. 00 new infections a day. With the current trends, christmas will likely be very different this year in both the u. S. And canada. But there is a light at the end of the tunnel. Vaccines are being fast tracked to combat the virus. And one of the front runners from phar

Transcripts For RT Boom Bust 20240712

Europe struggling economy. Monetary stimulus remains necessary to support the economy create coverage and to safeguard the medium term price stability. No warning from the International Air transport association revealed the delivery of any future product or acting will require some careful planning called it the largest single transport challenge ever we have a lot to get here so lets get started. On thursday the European Central bank announced its plan to keep Interest Rates unchanged e. C. B. President Christine Legarde said they are closely monitoring inflation to reach a level close to but below 2 percent we will keep the key e. C. B. Interest rates unchanged. We expect them to remain at their present in lower levels until we have seen the inflation outlook robustly converge to a level sufficiently close to but below 2 percent weve been a projection. And such convergence has been consistently reflected in underlying inflation dynamics this comes as the euro continues to strengthen

Transcripts For RT Boom Bust 20240712

As an ecommerce site when youre talking about doing that what youre actually doing is youre strengthening the monopolies that these Tech Companies already have the stranglehold they already have and by going around using the full force and might of the u. S. Government youre preventing any kind of foreign competition to companies that are not benevolent companies or companies that have abused their power in the past and will only continue to increase that abuse as they are the only game in town not jeffrey what about that point that ben is making here i mean these moves are actually antitrust or anticompetitive practices but are being issued by Big Government instead of another company do you see it this way as well. Ben is absolutely right and ill tell you Something Else is absolutely right is that the spokesman for the Chinese Communist party i hate to say. You know when the communists are preaching markets and competition and the u. S. President is d is is using a wild experiment in

Transcripts For RT Boom Bust 20240712

That this is just another example of how the u. S. Is violating its own free market principles. Because as a dummy so zizi once again proves that the socalled freedom and security are nothing but an excuse for the digital gunboat diplomacy pursued by some us politicians. Do this type of bullying d is a blatant denial of the market economy and various competition. That the us has only has advocated. And joining us now to discuss is boob us coast investigative journalist ben swan and Jeffrey Tucker editorial director with the American Institute for Economic Research thank you both for joining us but i want to start with you here because we know youve been very critical of the u. S. Stance on Chinese Companies including this move over to so does this latest statement i mean he just matched it over ali baba does it surprise you. It doesnt surprise me it disappoints me i continue to be disappointed by these decisions by the Trump Administration really to take the stance look i have a huge p

Transcripts For RT Boom Bust 20240712

Give their technology and they give access which is what the u. S. Says to the Chinese Government but the u. S. Is still never produced any evidence brant of this never shown any evidence that this actually happens now theyre saying the same thing about ticktock that all this data can be kind of sent over to the Chinese Government but they havent shown proof that thats happening and heres my biggest concern about all of it is when youre talking about getting rid of take talk or forcing it into another big American Tech Companies hands when youre talking about getting rid of ali baba which is really the only true competition to amazon anywhere in the world as an ecommerce site when youre talking about doing that when youre actually doing is youre strengthening the monopolies that these Tech Companies already have the stranglehold they already have and by going around using the full force and might of the u. S. Government youre preventing any kind of foreign competition to companies that

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