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tv   Boom Bust  RT  November 1, 2019 1:30pm-2:31pm EDT

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javier the walking down the sun on several topics including some big moves for most of the walking down the sun on several topics including some big moves for a major decline miners and market moves in the constituency stage so much to get major decline miners and market moves in the cryptocurrency stage so much to get to get to. silicon valley to get to. silicon valley giants mark zuckerberg and jack dorsey are battling it all out in public regarding their stance ions mark zuckerberg and jack dorsey are battling it all out in public regarding their stance on paul as political advertising on their respective opposed for whole article i advertise it put effective social media platforms twitter c.e.o. dorsey announced that twitter would no longer allow political advertising globally dorsey announced that twitter would no longer allow political advertising globally including campaigns on candidates or issues while he did not mention suckered by
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including campaigns on candidates or issues while he did not mention suckered by name this move came after facebook said it would not block falls political advertising name this move came after facebook said it would not block false political advertising arguing that it would violate free speech even paid free speech as a arguing that it would violate free speech even paid free speech sucker club baca dorsey and defended facebook's decision to continue writing political ads sucker bird club baca dorsey and defended facebook's decision to continue writing political ads even those that included false information citing free expression is and it's even those that included false information citing free expression is an important role of facebook this goes back to facebook stance when it comes to credit important role of facebook this goes back to facebook stance when it comes to critics saying. that is a technology platform not a publisher or
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a media company x. saying that it is a technology platform not a publisher or a media company and it is not responsible for its content one question in congress regarding form and it is not responsible for its content one question in congress regarding false political ads sucker wrote argued that well i think lying is battles political as sucker rove argued that well i think lying is bad and i think if you were to run an ad that had a lie that would be bad that and i think if you were to run an ad that had a lie that would be bad that's different from it being an artist position to prevent your constituents or different from it being an arbiter to position to prevent your constituents or people in an election from seeing that you had lied interestingly the people in an election from seeing that you had lied. interestingly enough this battle between tech titans seemed to be
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a philosophical difference rather than a business off this battle between tech titans seem to be philosophical difference rather than a business decision the business impact of political ads is minimal as bulls only miss decision the business impact of political ads is minimal as it only makes up a tiny fraction of their overall ad revs accounting to around point 5 per se it's up a tiny fraction of their overall ad accounting to around point 5 percent each and zuckerberg reiterated this issue is not about making money for facebook each and zuckerberg reiterated this issue is not about making money for facebook but it is difficult to draw a line in such a policy so when he said but it is difficult to draw a line in such a policy so when he said it's not absolutely clear what to do we should err on the side of greater express it's not absolutely clear what to do we should err on the side of greater expression facebook reported in an earnings beat wednesday as it is
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finding more avenues for action facebook reported an earnings beat wednesday as it is finding more avenues for ad grows at instagram and stories while growth is slowing down daily active users aggros at instagram and stories while growth is slowing down daily active users increased by 9 percent. more than 2 percent today increased by 9 percent. more than 2 percent today on earnings even as it is facing antitrust probes senator elizabeth warren on earnings even as it is facing antitrust probes senator elizabeth warren has called for the divesting of instagram to break up facebook but defended his visit has called for the divesting of instagram to break up facebook but defended his position saying that facebook still continues to face competition from a variety of sources saying that facebook still continues to face competition from a. araya sources such as snap chat and others with more on these issues and more we
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bring in such as snap chat and others with more on these issues and more we bring hilary for which member of the brain such a. pleasure hillary for which member of the brain such a. pleasure to see a hill or you tube because it's our 1st our facebook is attracting a lot of regulatory scrutiny both in the u.s. see a hill or you tube because it's our 1st our facebook is attracting a lot of regulatory scrutiny both in the u.s. and in the e.u. in the e.u. specifically they're looking at facebook's online marketplace as and in the e.u. in the e.u. specifically they're looking at facebook's online marketplace citing that it is anti-competitive and is stifling competition in the e.u. citing that it is anti-competitive and as stifling competition in the e.u. there's a saying it's killing competition it engine in the market on my mother's market and all those light and lots of. space in particular so these
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produce all these people have a. lot of. complaint. are they just being sore losers or do they actually have a case here where they do have a case on the major combat are they just being sore losers or do they actually have a case here where they do have a case on the major competitor we're talking about of course for the facebook marketplace are discussing here is out of there we're talking about of course for the facebook marketplace which are discussing here is a craigslist especially in the u.s. but also across the e.u. so the basic craigslist especially in the u.s. but also across the e.u. so the basic issue in the new though is they have to find a way to tax companies because of the sluggish you though is they have to find a way to tax companies because of the sluggish economy so they're looking to break up facebook as the discussion in the u.s. but they're also look at qana me so they're looking to break up facebook as the discussion in the u.s. but they're all. so looking to increase taxation on the different entities and that
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of course is a financial decision i think working to increase taxation on the different entities and that of course is a financial decision i think what you're seeing too is you're seeing the pressure in the business community because it is free but you're seeing to it you're seeing the pressure in the business community because it is very biased and they do weight their content they even weight any kind of content you can google anything or you look on facebook for anything and they were only give you one point of view the point of bias and they do weight their content they even weight any kind of content you can google anything or you look on facebook for anything and they were only give you one point of view the point of view that they choose so yes they're being biased and it is unfair practices but you that they choose so yes they're being biased and it is unfair practices but is it fair on facebook seeing as facebook is the new entrant being established in 2000 or is it fair on facebook seeing as facebook is the new entrant being established in 2004 when craigslist was actually founded in 1905 there where all are they should've grown up when craigslist was
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actually founded in 1905 their way although they should have grown up in business they should have adapted to the new environment so is it facebook's fault that craigslist just simply in business they should have adapted to the new environment so is it facebook's fault that craigslist just simply failed to adapt to the new environment or social move that's a brilliant point because you're absolutely right because you fail to adapt to the new environment of social movements that's a brilliant point because you're absolutely right because if you have to innovate a tech friend of mine always used to say he said i always would quote america you have to innovate a friend of mine always used to say he said i always would quote american indians who always said look this was their lation but they didn't innovate they didn't have the guns they didn't have the indians who always said look this was their lation but they didn't innovate they didn't have the guns they didn't have the gun part of the fight back if you don't innovate you are taken over and it happens in every single part of the fight back if you don't innovate you are taken over and it happens and. every single industry so you're absolutely right yes graceless is
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a sore loser they should have innovated in the industry so you're absolutely right yes craigslist is a sore loser they should have innovated nevertheless facebook i mean mark zuckerberg he isn't accurate when he says that they don't like to lie because nevertheless facebook i mean mark zuckerberg he isn't accurate when he says that they don't like to lie because lying is also it is the white that there's sort of like the white lie here which is that they only be lying is also it is there's white that there's sort of like the white lie here which is that they only purport to report a certain kind of angle so now what would it actually take to report to report a certain kind of angle so now what would it actually take to break up facebook or even google well i think one of things is going to be very difficult to break up if you're looking to break up facebook or even google well i think one of things is going to be very difficult to break up if you're looking at least the us are in the e.u. is a different matter but in the u.s. they have just spent release the us in the e.u. is a different matter but in the u.s. they've just spent recently so far this year they've spent over are you ready for
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this line 100000 recently so far this year they've spent over are you ready for this line 100000 in political campaign contributions but 33000000 in terms of lobbying them political campaign contributions but 33000000 in terms of lobbying firms in this region a combination of the founding industries have companies facebook firms in this region a combination of the founding industries have companies facebook amazon microsoft and google 33000000 between them so they know amazon microsoft and google 33000000 between them so they know 'd and trust legislation is coming down the pipeline so i think it's going to be very difficult to break them up here and to trust legislation is coming down the pipeline so i think it's going to be very difficult to break them up here and very difficult in the e.u. now moving on to the broader economy a growing continue very difficult in the e.u. now moving on to the broader economy grow. in contingent of officials right now are
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starting to wonder if native interest rates actually cause more harm than other officials right now are starting to wonder if native interest rates actually cause more harm in europe so this was essentially a monetary experiment but now it's becoming this in europe so this was essentially a monetary experiment but now it's becoming this massive liability in europe so what has christine legarde signed up for and what cast of liability in europe so what has christine legarde 7 signed up for and what can she do at this point well as you know christine lagarde she starts tomorrow at the european central bank one of the really do at this point well as you know christine lagarde starts tomorrow at the european central bank one of the recent quotes i like that she is huge she said i am not a fairy she's actually increase in quotes i like that she is huge she said i am not a fairy what she's actually encouraging is she's encouraging more government spending and she's in common innovation and she's encouraging more government spending and she's in common innovation and sort of public works she cannot fix
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everything and yes what the problem with the low interest rate and sort of public works she cannot fix everything and yes what the problem with the low interest rates are and negative interest rates you can't go any lower that's the issue one of the concerns i saw and negative interest rates you can't go any lower that's the issue one of the concerns is that it could be a self-fulfilling prophecy there is so much gloom and gloom and doom discussion about a global reset it could be a self-fulfilling prophecy there is so much gloom and gloom and doom discussion about a global recession i think if you look at the uncertainty also the uncertainty to do with brics it so what is your session i think if you look at the uncertainty also the uncertainty to do with brics it so what does she have at her disposal really what she should be doing and what has to happen in the europeans we have at her disposal really what she should be doing and what has to happen in the european zone is stimulation of the economies stimulation for growth which can only really come down is stimulation of the economies stimulation for growth which can only. really come from deregulation and then they're contradicting that with looking at
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regulating companies like facebook it from deregulation and then they're contradicting that with looking at regulating companies like facebook exactly so there are those such as as you said there's such a limited tool box and the europeans are now those such as as you said there's such a limited tool box and the european banks have essentially been couple of 5 years now of negative interest rates they've been crippled yes so banks have essentially been couple of 5 years now of negative interest rates they've been crippled yes so what can so can the native interest rates actually spark the next financial crisis seeing that the financial system like ken so can the native interest rates actually spark the next financial crisis seeing that the financial system is already so weak what will this weakness particularly we can europe if you look what's happened you look at them is already so weak what will this week is particularly we can europe if you look what's happened you look at the probably the weakest one that she is going to spank and they're looking at laying off over $22000.00 employees is said by probably the weakest one that she's going to spank and they're looking at laying off over $22000.00 employees is said by $22.00 and then you look also obviously.
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also suffering and also h.s.b.c. they're just talking about layoffs in the u.k. and actually they're talking about maybe a year 22 and then you look also obviously and. also suffering and also h.s.b.c. they're just talking about layoffs in the u.k. and actually they're talking about maybe even a merger with a german bank some turned there is a lot of innovation i think even a merger with a german bank some turned there is a lot of innovation i think technological innovation and cost cutting is all they can do they have to do that to compete technological innovation and cost cutting is all they can do they have to do that to compete and that's what most of them are facing our job layoffs and efficiencies and economies of scale and that's what most of them are facing our job layoffs and efficiencies and economies of scale and technological innovations that's all they can do and that's what we should be focusing on because yes you're right otherwise logical innovations that's all they can do and that's what we should be focusing on because yes you're right i. otherwise they could trigger the next global school crisis whether for which thank
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you so much for because they can trigger the next global crisis whether for which thank you so much from chrissy. christie. ukrainian president of a lot of near the landscape on thursday could. the ukrainian president of a lot of near the landscape on thursday criticize denmark decision to approve the north stream to a gas pipeline during a joint assize denmark's decision to approve the north stream to a gas pipeline during a joint briefing with nato secretary general and jens stoltenberg misters unless he shared his thoughts on briefing with nato secretary general and jens stoltenberg misters unless he shared his thoughts on the decision about the pipeline that will bypass ukraine risking the loss of billions of dollars in
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a decision about the pipeline that will bypass ukraine risking the loss of billions of dollars in transit fees he offered this on thursday in kiev. in transit fees he offered this on thursday and he. was on the doesn't mean we all understand that the construction of the nord stream to is not only in the zone that is mean we all understand that the construction of the nord stream to is not only an energy security issue but it is also a geopolitical issue therefore i will say frank energy security issue but it is also a geopolitical issue therefore i will say frankly that it strengthens russia and weakens europe. the project lead that it strengthens russia and weakens europe. the project led by russia a natural gas giant gazprom 101230 kilometers by russian natural gas giant gazprom most band 101230. kilometers and will double the capacity of the current north
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stream pipeline to 110000000000 cubic meters and will double the capacity of the current north stream pipeline to 110000000000 cubic meters which will account for more than 50 percent of russia's gas exports to europe with me upstairs count for more than 50 percent of shows gas exports to europe. chrysler and joe own our own r.p.s. the s.s.a. our planned merger with there with a $55050.00 shares players are split out that will make the result the resulting company the result the winning company the world's 4th floor 4th largest automaker just automaker the 2 car manufacturers said thursday that they hope to come to terms on a deal weaker the 2 car manufacturers said thursday that they hope to come to terms on a deal within the next few weeks the resulting conglomerate will create a company with a revenue of 100 in the next few weeks the resulting conglomerate will create a company with a revenue of 189500000000 profit of more than 12000000000 and combined via
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89500000000 profit of more than 12000000000 and combined vehicle sales of nearly 9000000 units on the news chrysler saw sparkle sales of nearly 9000000 units on the news chrysler saw a spike of 9.5 percent in their stock price while p.s.a. felt 12 percent on the paris like of 9.5 percent in their stock price while p.s.a. felt 12 percent on the paris cac exchange. specs and of the president feel it in for the prime minister spent of the prospective deal italian prime minister. said it was crucial to keep jobs and manufacturing and it is that all in the said it was crucial to keep jobs and manufacturing in italy following the merger with. the government or is it a merger with. the government is or is it she probably. is. and therefore the company's continuity very early. and therefore the company's
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continuity very early so if there are economies of scale that is welcome. to the economy so if there are economies of scale that is welcome. to the economy the scope of what is important and i want to say that on noise to guarantee the level of company jobs and in fact the scope of what is important and i want to say that on noise to guarantee the level of company jobs and investment here it will easier to go that is what we are pushing toward the. timespan here a little easier to go to that is what we are pushing for give you. time for a quick pas but straight on the other side of the break we head down to australia where i'm pas but straight on the other side of the break we head down to australia where the plot came found us all in london i think my hand is digging on to some of the major break out of the ground plane found us london's on hand to dig into some major breaks around big climb mining. to get out of the brand as we go to break
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here are the numbers but there's a lot of. feel. guilt . feeling.
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simplicity. let. alone. the. next 6 to 6 pts. believe. believing in weird things by the way is called
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superstition or magical thinking believing weird thing weird things by the way is called superstition or magical thinking believing weird things like that is not a bug in the system it's a feature that calms the queens like that is not a bug in the system it's a feature that comes equipped in the software of our program mean we have to try to soften up that pointing errors in our i mean barbara grammy to try to connect things in the environment just in case there's a real connection. just in case there's a real connection. during the great depression which i'm old enough to remember. during the great depression which i'm old enough to remember there was most of the family were unemployed or people and there wasn't there was most of the family or him. other wasn't it was bed you know much worse
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subjectively day but there was an expectation it was bed you know much worse subjectively than day but there was an expectation of the things were going to get better. there was a real sense of hopefulness the things were going to get better. there was a real sense of hopefulness there isn't today today's america was shaped by the turn principles there isn't today today's america was shaped by the turn principles of concentration of wealth and power. reduced i'm concentrating wealth and power. reduced democracy attack solo doubt engineer elections crecy attack solo doubt engineer elections manufacture consent and other principles according to no on manufacture consent and other principles according to no i'm chomsky one set of rules for the rich
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opposite. that's what happens when you put her into the hands of chomsky one set of rules for the rich opposite. that's what happens when you put her into the hands of a narrow sector of will which will is dedicated to a narrow sector of will which will is dedicated to increasing power for just as you'd expect one of the most influential intil increasing power for just as you'd expect one of the most influential intellectuals of our time spoke to i was at the bottom. to spin the leaks about the mcnaughton say the.
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with the rise in bitcoins price again miners are flocking to abandon with the air of the factory. price again miners are flocking to abandon soviet era factories in eastern siberia whole non-science in every neuer than it in china as to take advantage of the much mines in north higher than trying to take advantage of cheap hydro electricity and cooler temperature electress city and cold temperature and as china now is now the undisputed world leader in bitcoin mining who keep the network secure by approving transactions and ensuring fairness. who keep the network secure by approving transactions and ensuring fairness now as of july 2019 big point miners generate about $6000000000.00 in revenue from mining rewards and transaction
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fees on an annualized basis but they weren't off now as of july 2019 big point miners generate about $6000000000.00 in revenue from mining rewards and transaction fees on an annualized basis but things weren't always always as good as good in the crypto window winter we saw the daily month mining revenue for the industry plummet from $53000000.00 in december of 2017 to just under $5000000.00 in from $53000000.00 in december of 2017 to just under $5000000.00 in december of 2018 but now activity is back and on october 30 december of 2018 but now activity is back and on october 30th big coin has achieved an important milestone just reach $1000000000.00 big coin has achieved an important milestone just reach $1000000000.00 in cumulative transaction fees this is a. really important milestone dollars in cumulative transaction fees this is
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a really important milestone as it shows just how much people value the block space that they are willing and as it shows just how much people value the block space that they are willing and don't mind paying fees in order to secure their transactions to help us celebrate and don't mind paying fees in order to secure their transactions to help us celebrate this accomplishment we bring back managing partner of the blockades founders fund this accomplishment we bring back managing partner of the blockades founders fund so ali klein miners have made almost $15000000000.00 so ali miners have made almost $15000000000.00 as of the middle of no this model of the smothered came the net or at the net somewhat in markets. big questions and some to. one in 2009 but as of 2018 cumulative fees haven't been growing up that's 1000 human 9 but as of 2018
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cumulative fees haven't been growing as fast as cumulative rewards so just how are miners adjusting as block subsidies gradually declarative rewards so just how are miners adjusting as block subsidies gradually decline. so cumulative fees just $1000000000.00 yesterday. so cumulative is just $1000000000.00 yesterday and that that actually is next to the $14000000000.00 of block rule and that that actually is next to the $14000000000.00 of block awards or new orders or and when you bring that 5 and so and so as you can see you can see it he has been picking it up as and been picking up. or being who hasn't it and over the. years they sold what we can for this deal that and over the next 10 years
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though we can still anticipate fairly large block rewards or subsidies however it's a paid fairly large block rewards or subsidies however moving forward miners are going to have to adjust to not having all moving forward miners are going to have to adjust to not having all of their value coming from subsidies and moving more to transaction based of their value coming from subsidies and moving more to transaction based fees and so as we see transactions volume pick up fees and so as we see transactions volume pick up over the growth of bitcoin we can continue to see that growth however over the growth of bitcoin we can continue to see that growth however for now subsidies are a very important part of the equation because the in it increases hash power which helps to secure the network from bad actors do you think that for now subsidies are
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a very important part of the equation because the in it increases hash power which helps to secure the network from bad actors. do you think we're going to see any sort of m. and a activity within the mining space as they move to decrease their costs are going to see any sort of m. and a activity within the mining space as they move to decrease their costs. there will definitely be any activity going that express their will she will do. a mini activity going forward expression when you start seeing different. word for word of . isis price per kilowatt per kilowatt hour for for their form are there any mining facilities so you will start seeing a synergistic values come from having a lot of facilities so you will start seeing a synergistic values come from having
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a larger player. over star certainly taking us over smaller some of the players. we haven't seen to too much of it in very recent terms much of it or is it you have seen it in recent terms but over the last few years you have seen quite a few mining facilities shut down sell their equipment there's a lot of it if 2nd if you mining facilities shut down sell their equipment there's been a lot of secondary equipment on the markets over the last few years and that's all been sort of a bought up. in the markets over the last few years and now it's all been sort of a bought up as price. or and big name mining is is is is a more and more and more profitable again now canon just filed to go i.p.o. now this is the 3rd time. now canon just to go i.p.o. now this is the 3rd time that they're trying to go i.p.o.
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after plans fell through previously in china and hong that they're trying to go i.p.o. after plans fell through previously in china and hong kong so why was it unsuccessful but. 4 and how will this one be different so why was it unsuccessful before and how will this one be different. yes it can in this had 2 failed i.p.o.'s in hong kong and china and so this is actually the 3rd time around and so it's really interesting to watch how this yes i can in this had 2 failed i.p.o.'s in hong kong and china and so this is actually the 3rd time around and so it's really interesting to watch how this plays out. one of the important things to know is that there has been recent turmoil with bit maine and so they may be able to take advantage been recent
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turmoil with bit maine and so they may be able to take advantage of that however also a bit mean did announce last week of an end to that however also a bit mean did announce last week of a new 50 megawatt for the crypto mining facility in rockville tax a new 50 megawatt for the crypto mining facility in rockville texas with also plans to expand that to a capacity of $300.00 megawatts with also plans to expand that to a capacity of $300.00 megawatts which makes it the largest mining facility in the world for bitcoin which makes it the largest mining facility in the world for bitcoin and so it will be interesting to see how it is that. and then it would be interesting to see how that plays out with canon as prices continue to recover
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it looks like a mining assets might as prices continue to recover it looks like a mining assets might gain more favor and maybe this time will be different for canada now as you mentioned in more favor and maybe this time will be different for canada. now as you mentioned bit maine is the other giant in the space and bernstein analysts they conservatively if it main is the other giant in the space and bernstein analysts they conservatively estimated that bit may made between 3 to $4000000000.00 an operating profit profit in 2017 now this is more than even the u.s. semiconductor estimated that bit may made between $3.00 to $4000000000.00 in operating profit profit in 2017 now this is more than even the u.s. semiconductor giant video but in a video is 28 years old it may manage to accomplish giant video but new video is 28 years old but it may manage to accomplish this after a merely for you after years in the business so what does this tell you about the
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future of this year they say in the business so what does this tell you about the future of the space and is this kind of growth sustainable and if so like a singer and is this kind of growth sustainable and if so like how much longer. so maybe it isn't meant join as it is a huge huge void rolled off of both the current growth off of the growth of cryptocurrency and bitcoin in that it has been one of the lead and leaders in mining as will quit one of the leaders in mining equipment as well as mining they continue to sustain that advantage what if as well as mining they continue to sustain that advantage what is going to be changing is the fact that mining subsidies are going to continue to decrease is going to be changing is the fact
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that mining subsidies are going to continue to decrease and so it will be interesting to see how bit me can deal with and so it'll be interesting to see how bit me can deal with. and perhaps as maybe a new consensus mechanisms gains popularity and perhaps as maybe new consensus mechanisms gains popularity bit made me look to diversify its core revenue streams and try to you know take advantage of some of that growth having said that the bit made me look to diversify its core revenue streams and try to you know take advantage of some of that growth having said that big coin and crypto aren't going away and they're continuing to grow in popularity big coin and crypto aren't going away and they're continuing to grow in popularity and so they will with their with will be increased will be transaction. and it looks like
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a bit actions and it looks like a bit mean we'll be able to maintain that advantage and enjoy a large chunk of that mean we'll be able to maintain that advantage and enjoy a large chunk of that increase group crease growth and then try transactions for us . now there was this now there was this power. man that you referred to earlier and it was mainly between visionary founder would you hon and that you referred to earlier and it was mainly between visionary founder would you hon and co-founder. so what happened there and is there a and co-founder. so what happened there and is there a likely a turn likely. or. so it's still uncertain on. so we're still uncertain on
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exactly all of the details of what happened and whether or not it was a friendly sore and exactly all of the details of what happened and whether or not it was a friendly sort of. take over or whether there was or was a ha ha. over our. high john move and move the ball the board or. it was him or important is according to the corner of the prospectus in their hong kong i.p.o. filing john had 37 specter in their hong kong i.p.o. filing john had 37 percent of the company one person who said 21 find any person well. 21 percent and so even if it was a hostile takeover or even if it was
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a hostile takeover or some sort of negative situation there is still the potential that john comes some sort of negative situation there is still the potential that john comes back in the future if circumstances of his terminations change in the future if circumstances of his terminations change having said that there was a memo circulate much having said that there was a memo circulated according to reports by john woo that basically stated if it according to reports by john woo that basically stated if employees were to seemingly take orders or listen employees were to seemingly take orders or listen to listen to john that there may be terminations or prosecution
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and so there does seem to be some sort of negative sentiment to listen to john that there may be terminations or prosecution and so there does seem to be some sort of negative sentiment and it will be interesting. one thing to watch as the sun from 4 walls and how the path impacts path x. me being hit me when where there was a lot of broader water in history as a whole as a whole all. in the history of old fat a fascinating story will definitely keep up and to keep up alima holly mahogany the block chain of founders of the block chain founders fund thank you so much for one sitting here so much for being here. as the future of the u.s. m.c.a. . as the future of the u.s. m.c.a. better known as the nay better than afternoon is no of an app in the air as the net the new night is not enough that neighbors is the north and south in the air the
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united states neighbors to the north and south are reporting economic data into our economic report output was already paga live data in canada economic output was positive but barely as global trade uncertain bear how to live on a world that is coddled by me and that can and does grow he wrecked havoc on the world economy canada's gross domestic product climbed just point one percent in august from the previous month to an adjusted both domestic product climbed just point one percent in august from the previous month to an adjusted $11.00 funk point tribally from dali all in all it is the to stick to skeptic and as he was one of those reported court ordered on thursday hours a day. because the economy grew up just over one point on and your meager overgrew year just handed us all the old world 1.3 percent year over year canada saw growth and factory production and professional service and this factory with production and quantify national polls is filled with the traffic act like china and whole
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boiling transaction and oil and gas extraction the mexican economy witness and if the guy went to congress strand interaction the mexican economy witnessed an increase of point one percent in the 3rd quarter of the year and analysts had expected growth of point 2 percent over the timeframe the 3rd quarter of the year and analysts had expected growth of point 2 percent over the timeframe there was positive growth of 3.5 percent in the sector that covered farming fishing there was positive growth of 3.5 percent in the sector that covered farming fishing and mining mexico's economy strength 5.4 percent year over year according to and mining mexico's economy strength 5.4 percent year over year according to statistics agency of i and a.g.i. age. and age china. china's manufacturing p.m.i. dropped to 49.3 in october from 4008 factoring p.m.i. dropped to 49.3 in october from 49.8 clocking in just below expectations the
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decline was led by deterioration in clocking in just below expectations the decline was led by deterioration in new orders and a decline in exports which fell to the lowest level since july new orders and a decline in exports which fell to the lowest level since july non-man also negative effect point actually is coming p.m.i. i think all the 2 also point this 8.8 it coming against an identity 2.8 as sentiment remain it remained in negative trend in negative territory to a very 4 where this is a tick tick month in the row in the row. this is in this in spite of the news that chuck bite of that news you got us to chug reminded on the out and the you lines of us my golf trout a blondie on the small scale trade deal indicating dating that chinese my knees many manufacturers factories and businesses. i doubt that the possibly be hostilities ability of a trade deal with president to trade deal with as
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a child trying but that is how china needs a war fishel warned it will not they will nudge not budge or their further and they remain concerned about quote impulsive nature and the risk and they remain concerned about quote trump's impulsive nature and the risk that he may back out even though the with the limited deal us in dixie's that he may back out even though the with the limited deal us in dixie's wiped out most of the full mag ains even with the continued slowdown in asia speaking market wiped out most of the full mag ains even with the continued slowdown in asia speaking markets all major indexes pulled back despite big earnings beats from facebook and apple gets all major indexes pulled back despite big earnings beats from facebook and apple.
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following a new lawsuit alleging that jewel shipped at least 1000000 contaminate following a new lawsuit alleging that jewel shipped at least 1000000 contaminated pods to its customers marble maker altria has cut the value of its stake in moderates to its customers marble maker altria has cut the value of its stake in the electric cigarette company by $4500000000.00 r.t. is rachel love and has the latest cigarette company by 4.5 $1000000000.00 r.t. is rachel love and has the latest. while the united states government is considering a best. while the united states government is considering a ban on flavored east cigarettes the popular company jewel is facing even more flavored east cigarettes the popular company jewel is facing even more backwashing . crossing them building is actually is clear and convincing us to. get billions so
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just months after investing $12800000000.00 for a 35 percent stake in its rival jewel all through group was cut the value of dollars for a 35 percent stake in its rival jewel all through group is cut the value of its stake by 4500000000 citing unexpected changes in the market and the cost of that stake by 4500000000 citing unexpected changes in the market and the possibility of future of your government and reagan related to. that clued in the bank founder of . rotary of wrote down its investment in july by more than a 3rd and now holds it at a price that values down its investment in july by more than a 3rd and now holds it at a price that values the cigarette maker at about 24000000000 the easy. side of those outs will join you'll forbidden believe point this comes as jewel confirms plans to layoff around $500.00 employees or as much as 15 percent of its workforce or lay off around $500.00 employees or as much as 15 percent of its workforce but
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by the end of june 29th 16 in the company is also losing $44.00 of its exact executives x. $15.00 and $1.00 filed a lawsuit filed with a lawsuit this week just accused. of using jewel ramel of rampant corruption. a former senior member senior vice president will global fund finances through this plane up through popular popular easy cigarette company shift it leave the shift at least 1w1w contained contaminated emanated pods with pods to his custom customers earlier this year to year but never issued but never issued a recall and he alleges that when asked about the problem the c.e.o. at the time said quote recall and he alleges that when asked about the problem the c.e.o. at the time said quote how far customers are drunk and beeping like most. who the blank is going to how far customers are drunk and beeping like low for those who
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the blank is going to notice the quality of our pods jewel has responded by calling the lawsuit based in noticed the quality of our pods jewel has responded by calling the lawsuit baseless and former c.e.o. kevin burns who stepped down last month released a statement and former c.e.o. kevin burns who stepped down last month released a statement saying quote i never said this or anything remotely close to this period saying quote i never said this or anything remotely close to this period as the i have the company make huge investments in product quality and in fact as the i have the company make huge investments in product quality and if facts will show . this who is also. pure fiction wild and what have you that you can translate of using flavored you cigarette. that's in the night it cannot stop it's among united the experience of 2100 1000000 young and. as
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a young adult reports of 34 deaths from the evening relate. to spark 30 orders across desperate for a 118 related injuries sparked fears across the country well its traditional cigarettes killing more than 480000 american poets traditional cigarettes killing more than 480000 americans every single year it raises the question of whether there is really of a ping epidemic sons every single year it raises the question of whether there is really of a thing epidemic some scientists and researchers are working overtime to debunk the very thing scare and they are german scientists and researchers are working overtime to debunk the very thing scare and they argue that the reaction to injuries from east cigarettes is emotional in a rational hysteria that their reaction to injuries from these cigarettes is emotional in a rational hysteria saying traditional cigarettes are still much more dangerous meanwhile more than 50. saying traditional cigarettes are so much more dangerous
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meanwhile more than 50 health and advocacy groups are calling for the troubled ministration to follow through with plans to work health and advocacy groups are calling for the troubled ministration to follow through with plans to force the cigarette companies take their favorite products off the market which would effectively create a new cigarette companies shake their flavored products off the market which would effectively create a new black market for vaporing in the u.s. in washington rachel one of our large cities market for vaporing in the u.s. in washington rachel guavas r c. the fashion world is the no i was straight shooting we're told that she has no high profile device that is cheaper than high prices for famous clothing famous will with a pair of socks but a pair the audience almost pieces and does go feed the prison pieces and go for a pretty penny for fans of the 1970 blockbuster grease lead actress livia newton john will be off fans of the 1970 blockbuster grease lead actress livia newton john will be auctioning off several items from the set. several but most items were
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noted of the blue. but most constant like notably her iconic black outfit and outfit clue that it includes a lot of the leather jacket and panhandled which is less likely to slip i call it until between all the hole in one and or the 280-020-0000 dollars according to julian's auctions the auction house behind the sale as an end $200000.00 according to julian's auctions the auction house behind the sale a portion of the proceeds will benefit ms newton john cancer charity and at the same auction house they just sold off an iconic cardigan worn by the late nirvana from an a portion of the proceeds will benefit ms nunes johns cancer charity and at the same auction house they just sold off an iconic cardigan worn by the late nirvana from in kurt cobain that brought in a whopping $334000.00 dollars 7 topping even kurt cobain that brought in a whopping 334th. $1000.00 topping even the highest estimate of a $100300.00 under. the famed means water have been as worn by name green sweater
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has worn by the singer during the band's 1900. 90 s. 3 and a. performance and according to rolling stone it has yet to be washed since the concert the cardigan was then given to a family it has yet to be washed since the concert the card again was then given to a family friend after cobain's death in 1904 who has it had ever had since friend after cobain's death in 1904 who has it had ever had sense. that by this time you can catch a boom bust on direct t.v. channel. that's it for this time you can catch a boom bust on direct t.v. channel 321 dish network and up to 80 or streaming 247 t.v. the free 21 dish network and up to 80 or streaming 247 t.v. the free t.v. up to 79 or as always get us up at youtube dot com.
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or as always get us up at youtube dot com boom bust. see an x. i'm. the must. see an x. i'm. practitioner supposed to. support a look at some of its. practitioners supposed to. do this. what you're looking is not enough. to its usual condition on the.
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loose jointed. simple yet so in a much. simpler yet serene with huge notional proceed. look with a showing at the plant which up scotty singh is likely to notional proceed. to look at with a showing of the blue chips going to see is lost when the church. has nickel ship you know your culture when the chips. he has nickel ship movie you have the same sort of. vote of ship and. you can send it to vote on a ship in. the upper new most of the book is the will work of the books and you will still never knew most of the book did the work of the books in your book much still missing you know i don't even know what the. 4th quarter before.
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the. 5th was the biggest reason the fuss. was the latest news in the for us. but us national. one boy is reason to believe that he had nothing like this one of those to. look mr bush through so many stories and he said so much for you fulfill it doesn't . say ah ah ah there. everybody. if you give. us what is evolved in this us.
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and. it's. rational and. rational assaults that. designer a lot of needs. if. not. not only. is it.
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more than a financial. more than a financial. today
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there are good dentists to mandate day there are a group of them that it just to set the mood and bad that it's the bad news in the indian women in. the united states is deemed to be. the good. those wouldn't insist on the idea of. this. in the usa and the us attorney mary terry were engaged in these covert overt action times really throughout the world. where they were assassinating populist least really throughout the world. where they were assassinating populist leaders they were backers of the right way the
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military batteries weaken the right ways military into funding and on being an army means death squads. there's no no no phones anymore because this notion is always a small amount of people who for one really going on the rails. are probably going. to profit. by the cia enough to get. by the cia in afghanistan have committed atrocities including summary executions according to a damning report this town of committed atrocities including summary executions according to a damning report by human rights. there's really no question that conduct like this pulled by human rights. there's really no question that conduct. this violates the laws just didn't know what accountability for this type of conduct and certainly
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not for the actual case violates the law has been no accountability for this type of conduct and certainly not for the actual cases we documented in this new report . california residents from raging wildfires this week documented in this new report. california residents from raging wildfires it's been alleged that a malfunction of the local power company started it's been alleged that a malfunction of the local power company started. this. deal dissipating and fatal fatal. palestinian teenager sentenced to a month of community service we speak to the voice of a palestinian teenager who sentenced to a month of community service we'll speak to the boy's family. didn't get a proper. we didn't get a proper punishment so his colleagues.
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