tv Boom Bust RT July 30, 2020 10:30am-11:30am EDT
existence is the existence. to me. we go to work so we stray hold. us secretary of state microphone k.o.'s on a mission he claims the world must change china are trying to change us oh should we interpret this against the war to be waged a new species this is also implying force regime change china is certainly a major global competitor but is it now or it.
was the one business show you can't afford to mess up there much as they are going to washington tech giant dio's from amazon apple facebook and google all testified before congress following a year long probe into antitrust laws and code such a short tenure will be gus some of the damages and the pandemic with the west coast we have a lot to get through so let's get started. on one day 4 of the most powerful men in the united states tech industry they're being questioned on whether their platforms have violated antitrust laws in recent years as they've risen to dominate the internet now artie's rachel blevins joins us. with the latest rachel what have we
heard so far was there as we saw c.e.o.'s from the 4 largest tech companies in the country testified before the house judiciary antitrust subcommittee as part of an investigation looking at whether they have achieved such a major monopoly that they are now legally stifling their much smaller competitors because of the coronavirus pandemic these testimonies are being carried out virtually and the line up includes the c.e.o.'s of alphabet and google facebook apple and amazon now each of these companies have been accused of manipulating their platforms and search results to promote their own products and interests google users know that any time they search for a product the 1st several results are typically advertisements but today the topic of conversation included how google has benefited from those results. what is the value of the part that you do use the google form and it's a substantial part of your business. 2cb3cb. you know in terms of revenue it's i don't $100.00 plus $1000000000.00 that's
a lot of money but mr which i. now facebook was quick to defend its size and its acquisition of instagram and what's up by claiming china is also looking to dominate the social media world with the popular out tick tock but it was facebook's ownership of instagram which it previously acknowledged was a competitor there raised questions about whether it violated federal law. mergers and acquisitions that. would control compared to threats violate the in. your own words you could just use a gram to neutralize a competitive threat if this was an illegal merger at the time of the transaction why shouldn't the now be group you know it was. congressman i think the f.t.c. all these documents and reviewed this and you know honestly voted at the time not to challenge the acquisition. or rituals is really interesting given the timing of
all this that we're in the middle of a pandemic why did they choose to have these these hearings now well that's one of the things that was mentioned by the leaders of this committee they noted that during the lockdown that we've seen as a result of this pandemic it has really hit small businesses the hardest you know your mom and pop shops are the ones that are now going out of business and a lot of people are now going online they're going to facebook google amazon all of those sorts of websites which means that the tech companies that are being discussed here today are actually getting even more powerful so a lot of them are saying well now is the time to hold them accountable now is the time to push for more oversight especially now as we see a lockdown that we don't see ending anytime a lot of social media presence even more now during the pandemic are to correspondent rachel blevins thank you for that report. from our let's turn to the us co-host and investigative journalist ben swan let's dive deeper into this ben should let's start with the general question right the broader look. into this should there even be a line drawn when it comes to internet businesses and how they can they be or how
big they can yeah absolutely there should be and it's not a question of whether or not a company can be big it's whether a company can violate antitrust laws by absorbing and as rachel explained their kind of swallowing up competitors in order to create anti-competitive practices in a free market system if you don't have competition you don't have a free market you have one company that dominates everyone and everything and that's what antitrust is there to stop so it's not a question of how big facebook gets it's a question of how big of facebook or google or an amazon gets by essentially devouring anybody who is a competitor and by the way it's almost ironic that facebook complains about the chinese and to talk when facebook actually looked at purchasing to talk at one point and wanted to do so well and they are looking to create something similar a platform of their own on facebook now if they were to be banned here in the united states it's really interesting and mind boggling what we're seeing but there
are clearly a number of issues when it comes to these monopolistic structures like being able to freely express various political viewpoints are even something as simple as just knowing you're getting the best deal as a consumer at amazon assures us we're getting the best deal no matter what but are we seeing any of these issues right now when it comes to this online activity. or we're seeing issues across the board right when it comes to tech companies we have nothing but issues right now on one side you have you know the issue of tech companies censoring speech you and i talk about this quite a bit but it's really a very serious issue and we're seeing it at an absolutely staggering level right now where media companies are essentially deciding what speech is allowed to be heard and what is not facebook and instagram that you know collaborative is essentially some of the worst offenders in terms of removing content that they don't like you tube is doing the same thing on the other side of it you have amazon that's not doing that but they have their own practices for instance amazon as we have talked about in the past has been accused of going and using the data that it
collects on merchants on its site to create its own products and essentially underbid merchants on its own site using their data and their information so there's a lot of what you would say say are anti competitive practices that are taking place as these companies get bigger and something else that's very important you know rachel was talking about the timing of this it's important to recognize that over the past 4 months as we've been under this coronavirus lockdown tech companies have gotten much bigger much richer and much more influential and powerful in american and global society and that is something you have to take a very close look at as more and more of the population shifts to their thinking their communication their shopping everything moves online and then you mentioned data obviously these companies collect so much data from their consumers we know that but isn't that an issue and itself when is that
a cyber security issue that can be present and then we're going to we see. so it's not just the cyber security issue i believe that this is really at its core a human rights issue the question becomes data collection who does that data actually belong to and this is something that congress actually is shying away from they don't want to address this question because the reality is that amazon facebook google instagram twitter tick-tock all these companies have one thing in common right no matter what business they're in the actual business they're in is the business of harvesting people's data the question becomes who is data who does it belong to whose property is it is my date up my property or is it facebook's property is it instagram's property is it google's property and that is going to become i predict one of the most fundamental questions of our time and it's a question that these tech companies are not answering because if you if congress
would look at this and say hey in fact your data actually belongs to you the user and therefore if a company like a facebook or you tube or an amazon uses that data they must compensate you for your data you were completely it would be a complete game changer you flip this whole tech argument on it said but everyone wants to run away from that because they don't want to acknowledge a very simple idea that your data actually belongs to you one much like you're saying at this is not human being brought up today which is really interesting but i do want to get to this question of one last question facebook c.e.o. mark zuckerberg he's arguing that if the u.s. health innovation defending facebook obviously the chinese companies will surpass them is there really any validity to this argument or is this kind of a plan to to capitalize on that rising anti chinese sentiment within u.s. government for that push or even more regulatory rollbacks yeah it absolutely is it's absolutely untrue that if facebook is forced to stop sincere in people in the united states that china will take over the world those 2 things have nothing to do
with each other the idea that tic talk is big. if tick tock keeps growing facebook has to continue to innovate facebook's not in of innovating at this point in fact facebook's not doing any innovation what they're doing is they're going out and buying up smaller competitors in order to prevent competition and as i mentioned at $1.00 to buy to talk themselves and now facebook is leading the charge in trying to plant the seeds that tick talk should be banned in the united states and they're a big part of that argument as well so what they're doing is now trying to use regulatory power to keep out competition the other thing that's not really being discussed today and it's very important is that section 230 protection that's been given to tech companies it's important that congress remembers you cannot get rid of section 230 it creates innovation on the internet you can't allow the abuse of it which is what tech companies are doing they're abusing it you don't get rid of the law that protects people doing it the right way you would force the law to stop
those who are using it the wrong way and it will be interesting to see where we go from here because of law and whether or not the u.s. competition laws will will be changed after this ban stick around here because i have one more story to cover with you today so. as protests continue on a nightly basis across portland more federal officers have been called up to intervene and this is having a huge effect on business owners well after protests for us kicked off they may many business owners struggled with their businesses suffering from broken windows and even being looted while some business owners there are struggling to deal with protesters calling up of even more federal agents has them even more concerned that violence will only increase well joining us now to discuss is the us co-host and. again and so on welcome back then we know that oregon governor announced that a phased withdrawal of federal agents is going to start this thursday and that will that even help to diffuse this some of the tensions or the situation there well i
would think that it would help to diffuse some of that look the important thing to remember is that when the feds are so. ending in essentially backup to help put down these protests in theory they're not supposed to be really dealing with protesters who are essentially destroying business is a portland they're really there to protect federal buildings and federal monuments federal installations from being damaged or destroyed by protesters in theory that's the idea in reality having federal agents there does seem to agitate people even more it brings about more of a sense of agitation now it's important to know that the governor of oregon has said they will begin a kind of withdrawal of those federal forces from portland beginning on thursday but the compromise that was reached is that local and state police would be used to protect those federal monuments and federal buildings important so it's not that the feds are abandoning it's that the state of oregon has agreed to
protect the question is will that appease protesters because you and i both know sarah there are lots of different kinds of people there are people who are legitimately protesting police brutality there are certainly agitators in that crowd there and tea for groups in those crowds there are people who want to sow chaos and there are others who are looking for reform they're not pushing for the same agenda and in portland i think you see a bigger clash of that the just about anyplace else in the congo a lot of people taking advantage of the situation and you see the people who are looting banga as we watch these protests continue and there seem to be these new groups joining in now and it just indicates that these really may not be slowing down at all and who else is getting involved yes so apparently you know you not only do you have as i mentioned you know you have the b.l.m. protesters who are out there and certainly you have anti protesters who are out there but there have been new groups that have been joining up over the past couple of weeks and they're actually signifying themselves by wearing matching colored t. shirts so in one case teachers are coming out and they're marching wearing red t.
shirts we've seen groups of nurses march we've seen. mothers and fathers as different groups marching they all were different colors in some cases it's yellow it's up it's orange so what they're doing is they're trying to signify as kind of potential. demographic blocks professional blocks of people who are showing solidarity with these marches so we do see certainly growth there what's really is surprising about this era is we're talking about somewhat you know 5060 days of of daily and nightly protests in portland and this keeps going on and it doesn't seem to be slowing down and the other thing is the city of portland in the state of oregon does not seem to have any plan on how to put this down or and when i say put down i don't mean with the with a heavy hand but how do you eventually deal with people to a point where you say you don't need to keep burning the city you don't need to keep destroying businesses we have to come to some kind of agreement here and that's the tough part because it has been going on for so long but i want to get to
the macro economic level here ben protesters and they're even angrier now because of these broader structural it issues with the economy and that will provide little to no opportunities especially now and the middle of a pandemic how are these protests going to change that. well that's a really good question how much of these protests can change that there is a legitimate issue here in terms of macro economics and the fact that you have a lot of these protesters who are not people who necessarily have a bright economic future in front of them you have a nation that's heavily indebted you have a lot of college students who have gone to college and they have massive amounts of debt can't find work you have a system that's not working for everybody and so i think what we're seeing is kind of a bleed over yes we have the issue of police brutality that's a major kind of cornerstone of these marches but it is larger than that and the people who are there seem to be frustrated with more than that so the question becomes where do we begin to start to deal with issues to resolve those
frustrations i'm not sure that. just about anybody is giving answers that right now because unfortunately the answers go back to systemic problems in the education system in the professional systems in the wall street in banking systems these are deep issues that i don't think leaders necessarily want to tackle right now they'd rather talk about things that are more on the surface because when you get shark attack those issues they've got to deal with themselves and they don't want to do that it's really true it you make a great point they're talking about these these complex issues going into the root and the issues of the problem with the economic impacts at these these families and these people are suffering from that star at education they start at such a young age and having these resources for them which which it's going to be a hard one hopefully at some point will will be able to tackle in some way shape or form the west coast on investigative journalist ben swan thank you for being with us today sir thanks. time now for a quick break but stay here because when we return china and the european union are
a bond and sold into the junk bond market with a longer maturity. that is slightly lower to bahrain and they've been doing this now for 40 years to the point where america's indebtedness and the engineer to the point of extinction event as have many countries. on wednesday the federal reserve held its 3rd scheduled meeting since the start of the krona virus pandemic well fed chairman jerome powell noted economic activity in jobs they picked up in the recent months they still remain low willpower expects a long road ahead for economic recovery even with the improve economic news in may and june overall activity remains well below its level before the pandemic and the contract contraction in real g.d.p.
in the 2nd quarter will likely be the largest on record. for recovery is unlikely until people are confident that it's safe to reengage in a broad range of activities well the agency made no changes to the interest rates and voted to keep rates close to 0 that's until employment recovers and inflation picks up the fed reiterated it commitment to use all emergency tools to support the economy but many are wondering what tools the fed will use if the economy were to shut down again will the next biggest move would be for the fed to pay the 10 year treasury rate essentially using its asset purchases to target interest rate levels at a certain part of the yield curve. this week the european union and china held high level trade and economic dialogue well according to the e.u. the 8th round of talks included a joint response to the coronavirus pandemic and global governance issues bilateral trade and investment concerns and cooperation in the area of financial services and even taxation while the e.u.
is executive vice president all these dumb brodsky's said the current crisis gives us no other option but. to work hand in hand with our global partners including china by pulling together we can recover more quickly economically and make progress on areas of mutual interest such as trade and investment relations well the meeting allowed the 2 sides to discuss the importance of bilateral and trade relations based on key risk reciprocity and a level playing field well for more on this we're joined by so much christiane and host of the economic and author of understanding social professor richard wolffe professor let's start with you today looks like china and the e.u. they're seeking to strengthen these economic and trade ties and this is comes at a time with the deepening feud with the united states but how is this relationship now between china and the e.u. and what do each side really hope to gain from these talks. well i think you're seeing the beginning of a reaction that was already underway and that will continue that as the united
states behave in a way that but also those 2 sides feel was provocative and destructive in general and is specially so at a time of global trends that make they have both decided that they need to work more closely together and that will further isolate the united states and that will further slow recovery everywhere and so it is a decision they are making in the face of the united states that is willing to subordinate all of its international interactions to good political expediency whoever is in the white house and i think you're going to see more and more of dad as we go forward well it's interesting for us are because yes what we know that a lot of european countries do have a strong trading relationship with china and they're not going to cut ties with the 2nd largest economy but kristie that the 2 sides are just really trying to
accelerate these negotiations they want to conclude a china e.u. investment deal by the end of this year we are. saw the u.s. china trade deal take nearly 2 years is this likely for them to to be able to make this a come to an agreement by the end of this year. as it stands right now it doesn't look that optimistic because this week is the 31st round of talks for this investment deal known as the e.u. china comprehensive agreement on investment and so this comes after many many weeks where nothing really substantial was achieved and this comes as as you mentioned bilateral tensions between china and the e.u. are also escalating over the coronavirus pandemic as well as the national security lover in hong kong so this is likely to be the last round of talks with for the e.u. breaks for the summer holiday so progress right now is imperative and this agreement is supposed to cover a wide range of issues that warning them part of china u.s. deals such as eliminating market barriers equi caps and eliminating joint venture requirements for companies wishing to go into china basically in order to ensure
that companies can compete on the same ground and equal footing with chinese companies so right now china has responded that they have reduced its investment barriers and but they have yet to make enough substantial progress in reforming state firms but right now they are warning the e.u. that it should keep its expectation all expectations reasonable and at this time this investment deal should not overhaul china's entire state owned enterprise system nor should they risk changing the entire political system right there looking at more of an open playing level feel like they said in some rather prosody the professor wolf the u.s. appears to be watching this obviously from the sidelines very closely how will the u.s. react if the e.u. manages to actually extract some of these major concessions from china especially in these upcoming investment talks. or i think the temptation is going to be to cut a deal with the europeans the europeans a bit of an advantage over the united states alone to juggle way to make sure that
the many many large american companies within. your regime. will exert much more pressure then they already have and the drunkard ministration to change its ways you know the chinese are now you know all the american companies that have gone there over the letter the last 30 years congressional evidently on the whole premise that they could produce in china and ship it back to the rest of the world including the us they're not happy with what mr trump is really and they are becoming is political enemy and that may yet change american policy. if the chinese were good deal with the european both of them at the expense of the united states really will be interesting to see how this plays out but kristie over in the us the fiction moratorium it expired last friday i want to turn things over to this now more than 12000000 renters are actually at imminent risk of getting booted out
essential what's the situation like here you know so the moratorium has expired nearly 4 months after this complete nationwide shutdown and these $12000000.00 americans are all behind on their rent payments and also this friday some $25000000.00 americans they will no longer receive the $600.00 veteran unemployment checks and given the current discussions this week benefits could actually get slashed from $600.00 down to $200.00 per week or even nothing at all if no deal is reached in congress so this would be absolutely devastating for the entire american middle class if we would see more households unable to pay rent in the months ahead so back in 2016 there were about $2300000.00 evictions and analysts estimate that we could see that many just in august so states where renters are pressured the most right now are states such as florida texas tennessee and many more urban areas such as new york and manhattan there are to see an exodus from the cities where people have been forced to downsize already so the coming weeks are going to be
crucial on whether or not there is another extension of the red moratorium. which a lot of landlords they are protesting they definitely are there a lot of people hoping for this extension because jobs millions of them are still not coming back especially any time soon because of the spike but most co-host christi i am professor richard wolfe thank you so much for your time today and. a call for this time but you can catch a boom bust on demand on the branded portable t.v. we'll see you next time. please. please please. the little. league.
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you you're going to going to hear a lot about that on the board a lot. but you got to grab it. look up. the name. on the bottom. $100.00 gandhi the new normal and. the phrase. you know to you. then they will join you. u.s. secretary of state might someday oh yes on a mission he claims the world must change china or china will change us oh should we interpret this the cold war to be waged against meeting business also implying regime change china is certainly a major global competitor but he said now more and.
join me every thursday on the alex salmond chill and i'll be speaking to the world of politics sports business i'm show business i'll see you then. the legal takeover of a government by a small group. rather than revolutionaries all soldiers small group the corporations when you have a tiny group of people who have all the power you have to have some means to make sure the rest of us don't get together and take it back. these are sacrificing some places that capitalism exploited and destroyed for profit and left behind misery poverty environmental devastation and so you see things like voter suppression building more prisons you seem gerrymandering all sorts of
undemocratic practices for wealth use of that world for wealth for history. and there's no question that the coup d'etat. welcome to our viewers from around the world live from central london this is all to u.k. . england's code 19th excess of the death rate is revealed to be the worst in europe as doctors warn the u.k. isn't prepared for a 2nd wave talking to an expert in statistical analysis shortly. the government faces pressure to introduce a code test you can pull it off it's called spain faces a backlash from its own party that's next but one of the consequences for the travel industry. is i would suspect this time next year will
be boats enough kerry is going out of soup leaving the light so. it never works is. donald trump calls for delays to the next us presidential election for november claiming the school voting will be so full. so it's of received millions of british government funding to look into why people from ethnic minority backgrounds appear to have been disproportionately affected by the pandemic. socrates politicians call from the food security minister off to the shortages and panic buying seen during the pandemic. england has experienced the highest number of excess deaths during the coronavirus
pandemic across the whole of europe that's a scientists reveal the transmission is rising amid concerns that government has still not done enough to prevent a 2nd wave i'll take a shot it was dusty has all the latest here in the studio with me so shout it we are officially the worst absolutely and you might be forgiven if it gets. we are in the middle of a pandemic especially as we look and see a new semblance of normality but the headline today of really a shock to the system as indeed england is now the worst affected in europe for excess deaths according to the office for national statistics the data shows and then had the longest continuous period of excess mortality in the 1st half of 2020 as well as having the 2nd highest peak compared to its european counterparts now this comes as a group of scientists from cambridge university have said that the reproduction rate is rising and in some parts of the country it is above one of course scientists have long said that any think above one will lead to another spike now
boris johnson the prime minister has commented in striking a pretty cautious tone now warning that the virus is still out there we're looking at a resurgence of the virus in some other european countries you can see what's been happening in the united states and so it is absolutely vital as a country that we continue to keep our focus and discipline and that we don't delude ourselves that somehow we're out of the woods or that this is all over because it isn't all over of course the government has long been accused of being too slow to stop the virus being reimported haphazard approaches when it comes to social distancing and mixed messages when it comes to mask wearing and today the british medical association has said that these failures or lead to a 2nd pick of the virus we have at the moment it is not very it might be we're not doing everything we should in china in trying to contain the virus or if i look
even something as simple as a man. seeing. that social distancing is still 2 meters or want me to pluck it and i don't think anyone in the any member of the public understands what makes up just means what just mean. well with all of that said it seemed like the government and now applying the brakes because the official policy of isolation has now been tweaked so previously 7 days was the isolation period that has now been extended to 10 days it's all about trying to gear up for a potential 2nd wave that is expected in the winter and there's one very urgent reason why we kong. which is winter no i deliver this on a hot summer's day we know for sure but winter is coming. unusually cold weather or more variant strain of flu would put real stress on the system there's still a lot we don't know about cope with 19 from the long term health impacts on those
who become so how it interacts with the cold and although we work in hopes that a vaccine will appear we may have to live with covance for some time to come well that comes as academics claim that there were 21000 fatalities due to lockdown measures that include significant unintended consequences such as the lack of access to critical health care and the collapse in any attendances so that's around $2700.00 people every single week according to this report so all in all it's not looking too good today but it is exactly what the experts predicted that this corona virus would be coming out to us wave after wave forest johnson said normality by christmas but it did he wasn't specific which year. thank you very much indeed for all of that as well professor good to run from the university bedfordshire told me earlier that the government had facilitated a sense of complacency. i think the key challenge is the one asked we all
understand the need to reopen the economy we also need to focus on public protection and that's only going to happen with far more assertive in the way we give out publicly of messages to their all of britain's a society and at the moment we've seen for example the stepping back of government of their daily broadcasts so in a sense the public opinion if you like rella and maybe too relaxed about crime are us a mind suggestion would be a is that as a band minima we should be doing our early coronavirus forecasts a bit like all our weather reports should be our having hourly coronavirus for the show mark of the u.k. and showing where the hot spots are but how do we can we make the public really pay attention to this is an element of complacency in that we do have compulsory musk's now in shops
a lot of public transport and of course one metre plus distancing but from my experience not many people are actually abetting any of that. now i don't think they are a mass because the mix messaging so as you already heard you're going to hear a lot more about the eat out about your scheme about going on staycation so in a sense the mixed messages on the one hand go out and enjoy it but as you seen from the date we've got our summer access at across europe so we've got to make sure the public are protected which is why i think you know. with all due respect the media can help and you can produce the sort of using the our office for national statistics interrupted mark is quite an easy to produce a sort of a literally or a weather record for coronavirus. for more on the office for national statistics funding that england has had the worst covert military experience in europe and now joined by the former owner as head of health another says jamie change things jamie
thank you for joining us not that there's no spinning this kind of statistic is there on excess deaths what we are the worst. well yeah i think the daily conference that we had for many months they kept saying you have to wait for some time before we can do some comparisons and then dushan in age adjusted mortality rates and and that is exactly what i have done today so they've taken data from their own information for england and wales they've taken the data from scottish government and from northern ireland so this is a agency and then they've compared that with they to each of the countries in europe provide to the european to disk lazier stat and that's allowed and then to do all of these comparisons that the kind of the government in the end of the chief scientific adviser was saying that you need to do in time and it does show that england when you look over the hul of 2020 in the whole of the pandemic ask about the worst but what you actually can do when you look within the actual data the peak of the actual excess deaths so excess deaths of the number of deaths over and
above the average for the time of the data alone just speak was actually in spain then to kind of stringent lockdown measures was meant was that a very high a peak that peak then came down and then england was the peak was not as large a kind it was more prolonged so when you look over the whole period in the as come it was the worst in europe what do you make of that figure any question over the collaboration all of that data do we just accept the fact that excess deaths all sad tragic simple facts well one of the benefits of looking at access deaths is that for each of the countries you might get different recording 'd 'd systems and you might get different ways of people recording coronavirus on say death certificates etc so one of the benefits of excess deaths is what you really do it is just looking at what would be the normal number of deaths you would expect in each country at any particular time and then you just looking at the number of deaths over and above the average for the time of year and say a minute come out on top of that but what the data and i support together does actually show that there are some real massive differences when you look at some
really granular data and i know people total props local law downs but within space that the peak was about $1.00 times higher than normal the number of deaths at the start of april. but then even within spain if you look within madrid there was like 4 times higher than if you look across the whole of europe and i've been looking probably remember the what we were seeing in italy back in that in march in the region a big you know at the in the middle of march we actually saw deaths that were a times high and so so what you look at all these national pictures of comparing and wales scotland and the rest of europe for example there are some real stark numbers when you start looking at a really local level one yet why is that happening seems that the effects of lockdown over almost as bad as the virus itself where we've seen some numbers released today estimate in the number of people who've died because of lockdown i think i'd treat that with a bit of caution in particular they've taken the onus numbers and they've looked at deaths over an above average that weren't actually recorded as covert 19 but what we do know is there was a lack of testing in the cave between march and may and there would be many people
who died in the k. who perhaps didn't have covert tested for so there was a reluctance to put that on the desk that it get so i'd say we didn't capture the full amount of people with covert knowing but why right you'll dying as a result of lockdown. so what we probably would have seen is that there was a hesitance to actually go into the health system of the time so people for example who are having heart attacks or strokes and things that might have a real bad impact on you there may have been people who chose not to go to seek medical intervention and then have sadly died from that there will also be a disproportionate effect depending on the different conditions so we may have seen natural lockdown at this report will affect our mental health across the u.k. and in that might have led sadly to some increase in suicide but we won't know in terms of the impact of that yet is that it's too early to tell because anybody would possibly die from say suicide over the last few months those are actually require an inquest so none of those deaths will actually be recorded within the election and yet so it will be some time before we can assess the kind of the full impact of that and talking of time what about the full impact of all of this in the
future just perhaps maybe we might get over this virus but what of the long lasting effects the thing. well lockdown is that a massive impact on the economy as you can see and then the government are trying to do lots of different ways to kick start the economy by getting people to go out and trying to have meals and trying to encourage people to to go and say stay cations except we see daily unemployment numbers are rising with more and more things so there's going to be a long term impact with regard to the unemployment and they're not going to be long lasting impacts in terms of people's mental health as we continue going in a nasty not even when you start concern if we did have a 2nd wave and any measures that might go into it was kind of locking the country back down again because here i mean that's a final point for the lockdowns could be round the corner if we have the 2nd wave but with the lockdowns be as intense as we saw in the fact the national lockdown that we experienced we i don't think we would see the same intensity i don't think there is an appetite even across all of the different countries in europe for
a stringent lock down for the hul country we've seen and you can see for example with the less the old and in other places in the north of england the bingo is more local of downs and some of the data today actually show from our own x. if you compare stockholm in sweden where there was no lockdown at all yes there was an excess deaths in sweden but actually they didn't spike as much as some of the areas within the u.k. so i think we're learning all the time from the virus with the data and i think that we're probably support more local lockdowns and what we do know as well is though that the virus does this proportionally affect the older people so if you're younger if you're under 45 and you catch the virus is more likely not going to huge impact on you so people from different age groups is going to be those people are going to treat themselves in more caution really fascinating to talk to you on this thank you for your time jamie jamie jenkins. the government is under pressure to introduce kovan $1000.00 testing a british airports as part of efforts to cut down the 2 week quarantine required for many travelers opposition leaders
a kiss thomas said the country's testing capacity should be fully utilized. that's the capacity to test the government needs to use to test all the rival i've been off for a short interval because if that period of 14 days can be brought down to 89 or 10 that also is a huge benefit and the prime minister is also facing pressure from within his own party to introduce such tests among them former david davis they argue testing at airports would save what remains of the summer holiday season give a boost to struggling travel and tourism sectors industry expert dr neil robinson says for airport testing to be viable airports need government funding. i think it was a little harsh but once again if it saves lives it should be loadable you know hindsight's a wonderful thing sadly would know about a cd 19 template before so we don't know how these things much out yeah i think it was a shift but i think it's good to be cautious and i suspect it will be similar methods
implemented so i think we do have the testing abilities but we do the capability the problem is you know that once it's watch the op that it will cost but i think if you throw in the finances and phones are c.v. $19.00 prevention strategy it would be doable but i think we need to ensure that if the government's going to implement this. cost and they finance on the phone the airports accordingly it will not be cheap. industry leaders have like in the government's coroutine on those coming from spain is using a sledgehammer to crack a knot on airport bosses have warned it could ruin britain's reputation as an outward facing global nation dr robinson says the turmoil could have dark consequences for big companies over the next year. good after you john if occasions i would suspect this time next year there will be multi national carriers going out so it's less of simply in the light so. we've never needed some chops it was just
america to take huge. financial costs associated with we don't have it sounds like to see the nazi it's never happened before yes without the likes of saul's but it didn't really impact on the but i think for the future we need to ensure we have that's a ponzi slice and the funding for businesses is 8 we must remember the financial buoyancy column in the so it's. so the government needs to. finance according. still to come. to the u.s. president will trump suggest delaying the next presidential election claiming the postal voting fully to form. a government will just multi-million pound studies into white ethnic minority groups disproportionately impacted by coming to.
every crisis in america has been packaged as a bond and sold into the junk bond market with a longer maturity at a slightly lower coupon right and they've been doing this now for 40 years to the point where america's indebtedness says spend they engineered to the point of an extinction event as have many countries as has the global. u.s. president donald trump has suggested delaying the november's presidential election he's kind of moved in reports from new york. well donald trump and you supporters have long been raising concerns about mail in voting but the tweet that we have
just seen from the president of united states is certainly startling many people on the tweet reads with universal mail in voting 2020 will be the most inaccurate in all capital letters and fraudulent in all capital letters election in history it will be a great embarrassment to the usa but people are most concerned about the final sentence of the tweet which reads delayed the election until people can properly securely and safely vote followed by 3 question marks that has got many people raising their eyebrows now donald trump has in the past pointed to the fact that a mail in ballots in new jersey how were discarded thousands of them were thrown into the garbage and raised concerns about do the fact that there is the pandemic going on across the united states many people intend to load in the november election over the mail and many have feared that this could result in the throwing away and absentee voting and the lack of voting on the part of thousands of people
their votes could be discarded in the mail and this could lead to election fraud now what's interesting is the democratic party has also raised their concerns not about mail in voting but about voter suppression in states like georgia and elsewhere they worry that there could be an attempt to prevent prevent voter turnout and in favor of the republicans so we have both sides the democrats and the republicans expressing concerns about the legitimacy of the upcoming election now what is interesting though is that final section of donald trump's leak where he is raising the possibility of delaying the elections raises all kinds of constitutional concerns because there is no you know mechanism for the president to delay the elections there's no mechanism for congress to delay the elections how exactly the elections would be delay. lade if anyone the president or congress felt that was necessary is really unclear at this point the elections are scheduled for november and there doesn't seem to be
a mechanism for delaying or changing the election date so many people are quite concerned about the implications of the tweet some supporters of donald trump are pointing out that it does and with question marks it's not announcing a delay of the elections it simply floating the idea but many people are concerned as there are rising tensions and both democrats and republicans are expressing fear about how legitimate the election outcome will be democrats are raising concerns about voter suppression republicans are raising concerns about voter fraud due to mail and voting many people are quite unsure about how fair the elections will be in this november and there is already quite a bit of unrest in the united states in recent months so a lot of a lot of alarm in response to donald trump's recent tweets. british scientists ought to receive millions in government funding to look into why people from ethnic minority backgrounds appear to being disproportionately affected by coronavirus or to gays he said he has the story. what we've long been seeing since the beginning
of the pandemic is a link between people from ethnic minority backgrounds and perhaps higher instances of catching covert 19 deaths from covert 19 and as a result the government have committed to investigating and trying to get to the bottom of exactly why this is appearing to take place they are putting aside 4300000 pounds to go to scientists for 6 different studies to try to see if there is a link and if so why that link exists but we can have a look at what some of those reasonings behind why perhaps i think minorities are the most impacted by the could be their occupations so some of them doing jobs in social care and health care taxi driver so in contact with a lot of people also perhaps coming from deprived backgrounds poor backgrounds cramped housing and also underlying health conditions now all of this comes as
we've seen a study by the royal hospital which shows that south asian patients in oldham are 31 year younger on average than the white counterparts that they've been seeing we can also see that the black in patients at the royal the hospital are around 20 years younger than their white counterparts but regardless of ethnicity they are gods or in a city to say of the people in that study come from the most deprived areas in the greater manchester area now that study was taken in oldham it's look it's looking like oldham is one of the towns which is experiencing a rise in numbers again quite a sharp spike and for that reason the doctors are concerned especially with the fact that some of those patients coming in are so young could this mean a change in the nature of the virus or is there something that needs to be looked into and that's why that 4300000 pounds in funding for those studies could help to
get to the bottom of this. from all all of this we'll be getting reaction from a professor involved in 3 of the upcoming studies into the impact on the fame community that will be in the next hour here on r.t. . british politicians are calling for the government to appoint a minister for food security after the covert 19 pandemic led to shortages and panic buying environment food and rural affairs select committee says 6600000 people face food insecurity including $1700000.00 children it wants a 2nd wave of a disorderly brix it will only add to that number already because modern andrews' looks into how it's taken a pandemic for us to wake up to the real risks facing the food supply chain price surges and crashes are commonplace on the stock markets while panic buying is usually restricted to black friday or the january sales but the cave at $19.00 pandemic has produced something similar for far more staple staples changes in
consumer habits largely thanks to the lock down haven't shops swings in demand past bread dairy as well as king gradients like eggs flour and sugar was stripped from the supermarket shelves as families stockpiled unsure of what lockdown really meant for their weekly shop and the way people act it was rather foolish and sadly it created a lot of waste people were damaged by and you know we saw the scenes of people hearing outside of supermarkets leaving with bags of liberal and they were buying 34 times what they needed or what they thought they needed at the time that flour. dried goods you know fears that they were going to run out of bread arms and so on has that they would have been thrown away especially as you know they were a doing well you know i think they obviously great i guess messed up had. been
exception but you know getting the flour in the past. that actually where they were going to be as much as is what they thought they were and that they went to xpect cake baking as they thought they were. but there were also issues with excess supply and for those dealing in perishable goods the situation quite literally stank we got into such a desperate position that the cheese we had over 50000 pounds of cheese we were going to throw away so it was far better to try and discount it to get some of the money back cheese became an unexpected volatile commodity families in lock down basic cheddar for instance experience high demand leading to shortages but with restaurants and hotels closed and now only beginning to get back to normal supplies of high end artisan products found themselves with tons going moldy the u.k. wasn't alone prices of dairy and wheat wildly on the global markets too and
combined with other lock downs the country was at the mercy of the rest of the world when italy went down so to speak lumber day. here monterey. you couldn't get the cheese sent up out of its region and it all stopped suddenly so we had it we had a hiatus for about 3 weeks where we had to rethink what we were getting from which we've region that could come into our depo. and it was very worrying even now as the u.k. reopens there are still worries that a future return to lock down could devastate producers again unless businesses are prepared if we start to see things creeping up the least we know what happened the 1st time around so we could potentially you know reduce our of the what we make which would at least be some you know if we don't make cheezy it's not going to be as big a loss if we make it not sell it but having said that i think we as
a nation are now obviously a lot more wary of what's going on we weren't at the beginning the cave in 1000 pandemic has certainly highlighted the fragility of those supply chains for luxuries. even the city's many take for granted and with a 2nd wave predicted as well as disruption at the end of the year even with an e.u. trade deal it all means consumers might have to get used to not having everything on a plate martin and bruce are to u.k. suffolk. and finally staying with food shortages the government has been accused of being detached from reality for not including cheaper supermarket chains in the freeze school meal voucher scheme marks and spencer and waitrose were included in the program but the likes of little m l d were initially excluded meant vulture's bought significantly less in those premium stores british antipoverty campaigners say are essentially irrelevant to
those on a budget let's implement i'll be back with more news in half an hour from now. join me every thursday on the alex salmond chill and i'll be speaking to us from the world of politics sports business i'm showbusiness i'll see you then. a dark industry comes to life in los angeles every night. dozens of women sells their bodies on the streets many of them underage. los angeles police reveal a taste of their daily challenge if you're going to exploit for a child here in los angeles although we're going to. see officers going undercover as 6 workers and customers to fight the 6 trades.
u.s. secretary of state mike on kayo is on a mission he claims the world must change china or china will change just how should we interpret this the cold war to be waged against me this is also implied force regime change china is certainly a major global competitor but he said now. i am max keiser this is the kaiser report well gold new all time high against the u.s. dollar the last currency that it failed to make a new all time high against falling.