Equipment in the Nations Development of straight ahead we welcome a panel to analyze the situation we have a packed show today so lets dive right in. And we lead the program with the scientific communities concerns over the World Health Organizations messaging regarding the coronavirus pandemic more than 200 scientists from over 30 nations worldwide are calling on the un back group and other Health Agencies to update guidance regarding the viruses spread by airborne transmission now the paper titled its time it is time to address airborne transmission of cope with 19 will be published this week in the medical journal clinical Infectious Diseases in the paper scientists point to growing evidence that the virus can spread indoors to aerosols that flow in the air and can be spread by smaller quantities than previously believed while guidance has been ever changing throughout the pandemic most experts have focused on social distancing handwashing and. Reading droplets that come from a cough or a sneeze now the w. H. O. Has come under fire amid the pandemic over its initial response which has prompted calls for reforms within the organization as well as a threat from the United States to cut funding and withdraw from the institution altogether now for their part the w. H. O. Has said it continues researching the ways coping 1000. 00 is spread and updates guidance based on their findings. Theyre sticking with the ever changing understanding of the crowbars some researchers believe it may be completely different than once thought you can openly attack any organ in the body even spread r. T. Correspondent thought this week breaks down the latest findings from los angeles. As a race for a vaccine continues scientists are realizing coppa 19 isnt exactly what they initially predicted thought to be a respiratory disease researchers have discovered its actually a vascular disease its different from an influenza virus and that it gets into the body via the airway but in the case of the chronic virus it attaches to the blood vessels where people were 1st getting pneumonia from the virus it appeared to be a result from attacking the lungs but now Scientists Say theyre seen people die of blood clots but 1000 can reportedly attack any organ in the body with a Significant Network of blood vessels like the lungs kidney got an even brain and because of this new findings doctors are reporting so many various types of symptoms related to the virus even ones that are not obviously tied to coded 19 researchers say there is more mounting evidence the virus is much harder to transmit outdoors than indoors a recent study from japan indicates one is 20 times more likely to get the crown of virus while inside compared to being outside Scientists Say outside the window even humidity help disperse and blow away droplets coming from each person so a mask may not be needed outside Health Officials say practicing social distancing 6 feet apart will truly help to keep transmission rates down its a reason why the mayor of Manhattan Beach said she didnt agree with shutting down the beaches for the 4th of july weekend so we agree that the young and healthy are least likely to get covert and we agree that covert is least likely to be transmitted outdoors and we know that the beaches are wide open space with lots of social distancing so to my mind it does not make sense to close the beaches where the young and the healthy do gather scientists are stressing the need to reinforce social distancing as. May only be the opening phases of this pandemic reporting for boom bust and sweet r. T. And another record day for new cases of the coronavirus took place over the weekend as the w. H. O. Reported more than 212000 new infections as of saturday morning while sundays report was that much better of the world at another 200000 cases so lets take a look at the global spread of the virus with r. T. Correspondents are tabular so where do we stand so grand this is where we are right now global case says there is more than 11600000. 00 current firm cases global deaths were over 538000. 00 deaths now looking at the us there is more than 3000000. 00 current firm cases plus over 132000 deaths so here are the biggest developments the happening right now in the u. S. Now some states are continuing to report record high levels of new cases over the Holiday Weekend and brand this week also marks about 2 months and since many states kicked off their reopening plans which now Officials Say just came too quickly now specifically 3 states florida texas and arizona now account for the majority of cases that we seeing now both florida and texas are facing a surge in new cases from people hitting the beaches and hard partying over the for the july Holiday Weekend now just in florida the state reported over 11000 new cases on saturday the highest single day total since depend emic began then they reported another 10000. 00 on sunday and. Fish and as officials even tried to shot multiple the chose to avoid 4th of july crowds but that didnt help much as florida now has over 200000 current firm k. Says now the my ad the mayor of miami dade which has the most cases has now announced that all restaurants jams and other businesses will have to close this week to control further spread now lets take a look at texas which also report reported on saturday the highest single day total since depend emic began in total texas has over 200000. 00 cases but most of the new cases are between the ages of 20 and 44 mostly contributed to people gathering in crowded bars without any kind of social distancing and you know the Texas Governor himself who pushed for one of the most aggressive reopening plans in the country has now even shut down bars back down and brand if cases continue to rise at the current pace some of the cities in texas are only about a week away from running out of hospital beds and i see you capacity last i want to talk about arizona which has now more than 100000. 00 total cases across the state and much to blame on the stage is opening a way to early and thats exactly what the phoenix mayor said over the weekend that arizona in fact was one of the last states to have any kind of stay at home orders and also one of the very 1st through reemerged so were seeing now the consequences but arizona is also facing another case crisis that our other states are in which is related to testing now in Testing Facilities throughout the state most people are waiting in line anywhere between 8 to 10 hours just to get tested you know some residents are in their cars sick theyre running out of gas which is also discouraging a lot of people from going to get tested now the state has also the highest test Positivity Rate of all u. S. States and you know brand Health Experts all pretty much say the same that the United States needs a unified approach to. Tackle the rising cases and that people should not get a false sense of security that a vaccine is just around the corner and lastly i want to look at trends from around the world from the countries with the highest cases now besides the u. S. Were seeing an upward trend for brazil which has now more than 1600000 cases followed by india and russia than the 6 other countries now as you see there is someone flattening but by no means does that mean declining but then again that could change week to week of course but the one country thats going thats keeps showing up on the list with the cases is the us brant or 2 correspondents are tabular thank you so much for keeping us up to date. Amid concerns of record cases of the krona virus equities are thriving global stocks have rallied to start the week as the shanghai composite soared to its highest level since the beginning of 2018 and u. S. Markets followed suit the tech heavy nasdaq even continued its record run hitting record highs of the day so lets go ahead and take a look at whats pushing stocks guys with an expert analysis from boom bust cohost christiane christy big tech is leading the rally monday as we begin the 3rd quarter what is fueling this book bullish Market Sentiment and is it sustainable at this point. All right now today you have been down more than 4 arnon points after the basically led by big tech where amazon and netflix hit all new records so one of the big things like a deal making deal making boost at sentiments today as a market got reassurance from big industry have it way such as Berkshire Hathaway and lube are now starting to make acquisitions kind of throwing an exit out to investors that are safe now the market also got reassurance from the i mean i ascend data showing that expansion in the us the Service Sector but thats i. Need to just mention so we may actually stop here for a while into the fall as we are getting into the boring slow summer long months so theres not going to be too much activity or catalyst coming up so this might be just a last minute starter in the market before we get locked into a narrow trading range chrystia so i want to kind of follow up on that you talk about this some are boring time where its traditionally we see that sell in may and go away but at this point were dealing with a pandemic Economic Situation country throughout the u. S. At least is changing day to day so are we really going to see that kind of boring summer or are we going to see more of this going throughout the rest of the year. Absolutely because you already see liquidity starting to drop and when you have a liquid its hard to drop that means that its going to get cases of wild swings and volatility simply because. If we do have another panic sell theres not going to be many people who are going to be able to buy so when you have low liquidity die gives a case for deeds dramatic swings and thats when it gets very dangerous so even though the summer months might be very boring youre bound to see a lot of volatility too and now we seem to be a rally off this back of the overnight asian markets that triggered this Ripple Effect across europe which also closed at their highest in nearly a month now the u. S. Market to as we just talked about so what is the catalyst for all of this. So it looks like china and the u. S. Seem to be competing in just about everything high tech ai trade and apparently who is market bubble is the biggest because on monday state officials they openly urged the entire chinese population to buy stocks saying that quote fostering a healthy bull market after the pandemic is now more important to the economy than ever so the shanghai composite rallied almost 6 percent while the shans and the hunk sank climbed almost 4 percent monday and this was the largest one day jump in over 5 years as chinese traders pushed stock leveraged to over 164000000000. 00 which is the highest in more than 4 years so now were seeing the value of the entire china chinese stock market sitting at about 8. 00 trillion which bloomberg now warrants is overbought because the pace is very similar to the market meltdown that started in 2014 daily tone of are now exceeded 200000000000 for the 1st time indicating that there is increase in participating musters so right now you have many analysts comparing this to the 20142015 bubble whereas the people you know see it as cautious in monitoring the situation to make sure that things dont get too overheated as weve seen before so it started with drawing funds from the Financial System where some of they in a row monday but despite this this huge growing middle Class Population is china is experiencing another bout of and theyre now buying like hand over fist in this suppose that recovery. No kristie i want to actually talk about a little bit of an acquisition that were seeing made some big bit over the weekend as it agreed to purchase Food Delivery Service post made in a 2. 65 1000000000. 00 stock deal is this another stay at home play for over now that less people are moving out or is this kind of consolidation in the industry which we have seen as grub has bought some companies up has bought up some Smaller Companies what are you seeing there. Well its having on solid ation but its also part of the stay at home trend because its core business taxing passengers around that got severely impacted with all the stay hung and social distancing orders because its coming and then that kind of killed all the sharing Business Model that Silicon Valley said was the next big thing now you have no more ride sharing work space sharing home sharing is that reality is long gone and who bears right healing business suffered in percent decline as losses continue to mount so we were had to quickly pivot and set its eyes on delivery as everyone is ordering in these days being locked at home so each division was up 54 percent year. Over has always been interested in the food delivery space earlier this year where has made an attempt to bid for growth but that was instead taken out by just interest some point 3000000000 so right now who are each and grub are roughly tied in terms of market shares for the u. S. Food based delivery at 24 percent so if i had merged with who would have been the unquestionable leader but right now who are settled on post mates which is the number 4 Food Delivery Company in the u. S. And so far has never turned a profit may have been running out of money this entire time to have very few choices left in its runway in our i. P. O. Our sell to our boom bust cohost christine thanks so much for that expert insight. And time now for a quick break but hang here because when we return chinese tensions with the west are on the rise of the u. K. Is targeting wall weighs equipment in the Nations Development 5 g. Just on the other side of the break we welcome a payable to analyze the situation and as we get a break here the numbers epically. The world is driven by a dream shaped and person. Thinks. We hear to ask. 54 jets and more than 1300 military personnel are headed to air force base in alaska where is that to say come on ill show you whats the reason for any type of enhanced u. S. Military presence in this area rush up. What is it suddenly about the South China Sea that makes it so that it 11000000000 barrels of oil. Take a look at this map. Who really owns what kind of says no it belongs to us india says no we claim that that belongs to us both of these countries have Nuclear Weapons capabilities there is reason for concern so thats why were going to drill down on this story for you today right here on the news with rick sanchez where you know as we always like to say we do believe by golly its time to do news again. And welcome back the u. K. Government seems to be shifting its position towards Chinese Telecom giant huawei despite Prime MinisterBoris Johnson saying just a few months ago that the u. K. Was confident in allowing while way to build the countrys 5 g. Infrastructure the u. K. Digital secretary Oliver Dowden said the National Cybersecurity center can no longer assure the security of wild ways products because of new u. S. Sanctions now the Prime Minister is doing an about face saying monday afternoon that he does not want the country to be vulnerable to a high risk state vendor in response the Chinese Ambassador to the u. K. Says this is an example of the u. K. Allowing its National Policy to be controlled and dictated by the trumpet ministration we have to fly on the bass to tell the story. But we cannot can show they handle a pretty government is just an eye her thats a lot of. Speculations and and you know we are ready we are ready to and hes seen any consequences i think alleway will survive while we will prosper you know no more pressure the you know from socalled it super power the more pressure from these on i im thinking the while we will grow stronger that his mind protection. Earlier we had a chance to catch up with former british m. P. George galloway who elaborated on the idea of the u. K. Deferring to the us on the situation. Were on the brink of all out economic war against china from the United States and in this case the United Kingdom should be treated regarded as the 51st state of the union because thats how its now behaving so while we will just be the beginning of the the new 2 law chinese war and joining us now to discuss his boom bust cohost investigative journalist ben swan and dean of the miami her Business School john quelch ben i want to start with you here this is all coming as a result of the ruling last week by the f. C. C. That essentially labeled weiwei as a National Security threat is that what the u. K. Is now actually responding to. Well its in part but its also a kind of a bigger issue its an issue of sanctions a session essentially whats happened is this the u. S. Assistant really put sanctions on weiwei saying that the company cannot receive chips that are manufactured by certain groups and that they cannot use of why wait ships by placing the same sions on one way and stopping american vendors and stop inventors around the world from selling their chips to walk away what theyve done is the u. S. Has actually created a National Security problem for the u. K. So what the u. K. Is saying i