People the right to end their own lives even if they are not suffering from any medical condition. The u. S. Accuses china of sponsoring. American Companies Working on a vaccine for 900. On the back with more headlines in about an hours time but right now it is news with rick sanchez coming up. Live from the World Headquarters of the r t america our Nations Capital this is the news with rick sanchez. Hi everybody im rick sanchez i want to welcome all of you who are watching us from all over the world including those of you who are watching us on your phones using the portable t. V. You are there this morning in a dramatic escalation at apparent breach of diplomatic protocols the. U. S. Has ordered china to close one of its most important consulates in the United States you see it there in the video the fires burning are apparently the folks there in the embassy burning some of their personal papers the chinese consulate in Houston Texas is shut down and china is responding with an apparent ultimatum already this shutdown of the consulate is only the latest sign in a growing trend of countries being punished by the u. S. State department in fact its not just china as of this writing the United States has a whopping 7967 sanctions in place 7967 sanctions its a somewhat bizarre and almost astonishing list that includes not just countries but even individuals People StoresSmall Companies and tire corporations governments types of governments even branches of governments the usual suspects of course on the sanctions list are countries like iran and north korea russia venezuela turkey on and off and now the biggest target of all china but then there are the secondary sanctions aimed or targeted at countries who dared to do business with any of the above mentioned so whats the result of the u. S. As recent penchant for sanctions here is how the economist one of the most respected magazines in the world describes what is happening because of the u. S. Increase in sanctions quote all inspiring and shocking they have in turn prompted other countries to seek to break free of American Financial gemini. Thats the economist even though usually hawkish atlantica magazine is using headlines like this boom time for u. S. Sanctions the explosive growth in their use has prompted questions about how much is too much so we ask how much is too much how much is too much when it comes to sanctions its a question were asking here on the news with rick sanchez because we believe. It really is time to do news again. This is the list of the questions we think youll be asking the morrow after watching our newscast today is the u. S. Over sanctioning and what backlash might we expect why religious statues including one of jesus being desecrated will be called 19 surge continue or are there finally signs that its starting to level. All right here we go with the latest International Incident between the United States and china which seems theres a new part of this every day that occurred this morning at the consulate in Houston Texas as you saw in some of those videos that we showed you it appears now though d that even the hocks are asking questions about whether the u. S. Is overreaching when it comes to sanctions too many sanctions too many cats to get torey actions against countries all over the world we begin our Coverage Today with veteran journalist and boom bust cohost thats one. Where u. S. Sanctions have been used for years by the u. S. Government in order to control rogue nations without having to go to actual war at least thats what the u. S. Public has been told for decades now the truth is though that sanctions have grown to an enormous extent over the last few decades theyre now saying sions are not only countries but on individuals and businesses and companies all throughout the world and the United States continues to expand its use of sanctions the question now how much is too much according to the u. S. Treasury department there are just under 8000 sanctions in place imposed by the u. S. Government again these could range from sanctions on people like mexican drug lord chapo guzman to entire governments like the government of iran as well as irans revolutionary guard and the government of venezuela so how does the u. S. Get away with imposing so many sanctions but the answer is easy the u. S. Dollar is the worlds reserve currency and that means very simply that the u. S. Has the ability to financially punish any thank you company for corporation and yes any nation that does not been to its will think about it this way businesses around the world that will never do business in u. S. Dollars all have banks that do and must use u. S. Dollars a little history here even though sanctions have been used for decades including against cuba in the 1960 s. After 911. 00 the Bush Administration greatly. Increase the use of sanctions as part of the war on terror and 22 and under the Obama Administration the use of sanctions increased even more overpass use and ramped up in 2014 with sanctions being the socalled weapon of choice against iran at that time the Treasury Department says there were about 6000 sanctions in place today again we have nearly 8000 thats the trumpet ministration has taken the use of sanctions on individuals and specifically on companies to a whole new level so rick back to that question of how much is too much think about it this way brics nations brazil russia india china and south africa they have all been working actively for the past 2 years it continue to work every day to detach themselves from the supremacy and the authority of the u. S. Dollar they do this on a regular basis through relationships with other countries the creation of new currencies and that also includes Digital Currencies it would be almost ironic if the power of the u. S. Dollar which makes us ancients possible was weakened and ultimately be thrown out because of an overreach caused by again u. S. Sanctions but the news with rick sanchez unbends one grudged of thanks so much for setting the table for us well its go do it really going on in the reaction were joined now by christiane i George Galloway and econ professor Richard Wolffe professor wolf i want to start with you have we gone sanction crazy. Yes i think so oh i think there is. Mammoth evidence you just mentioned not worth and some crimes are counterproductive raggatt unintended consequence that. They reverted to really independently at what many work or not does not constitute a kind of political theater mr trump and the republicans arent never called and thank you jim from theirs. Theyre now going to beat up on china and make them big. You know a lot of all of that would rank sions which look at the average person is no dear. But they really almost every year theyre easy to get around well they. Make the rest of the world nervous very strange way in which you are politics between leading countries in the world george im thinking of a playground somewhere and some small school anywhere in the world where there is a big guy who beats a bunch of little kids all the time and eventually all these little kids get together and they say you know what were not as big as he is but maybe if we get together well be able to fight that big bully is that whats going on right now all over the world because of these over sanctions. Well thats a brilliant analogy is whats happening on the day will come when it will coalesce into an Unstoppable Force heres another stopped rick to od do you a remarkable ones my calculation is that the United States is currently sanctioning 39 countries with a combined population of 2000000000 that means every 4th person in the entire world is constantly on the United States sanctions now weve got an old saying he if everybodys forced last nobody is force plus if youre sanctioning everybody then the day is definitely coming when you wont be sanctioning anybody at all your means of doing so will be done on the class of the playground bully will himself find himself on the ground of the hands of the others kristie yesterday we lead with his story which i think is one of the most interesting stories that ive covered in quite some time china and iran are signing a 25 year pact what does it say to you that those 2 countries are doing this and do you believe its related to this. Conversation were having about sanctions. Absolutely and i think it fits perfectly with this entire narrative because the enemy of your enemy is my friend thats a very common saying and if both countries are being punished by the u. S. To iran with all the massive sanctions and the china with this increasing trade war and tensions and everything and now with the constant being closed both of them are now finding a common enemy and so it does push the 2 sides closer together and one of the biggest point is that in previous administrations and in previous years everyone was actually quite ok with the u. S. Issuing on these sanctions because the u. S. Was issuing sanctions alongside of its allies however now with the entire trumpet ministration all of these sanctions now appear to be unilateral and this is increasingly frustrating for european allies who feel like their economic interests are being harmed but sometimes sanctions do work guys professor wolf it worked in south africa it was a country that seemed to be exploiting africa pardon me blacks their natives. The sections made them kind of change course correct. Yes but look at that number of south africa was almost totally isolated in the world sanctions applied by the United States there were a lot. Were consequent upon the fact that many many of their own people around the world. Thanks. Thats a system called last goal its exactly what you are. Claiming they did mention when she said the United States is doing all of this by itself or i could only add to her why is. That if you put sanctions as easily as quickly as this country is now do we. Have to go through that morally and. Do when will it be politically good for mr trump or people like him just strange and luxembourg or italy. Or warningly. As. Political editor. I will politicians deployer christie i know that diplomacy is not your expertise but im going to ask you this question because i know youre an expert on side of american affairs. The fact that the United States this morning shut down the chinese consulate in Houston Texas one of the most significant cities in the United States what do you make of that what do you think the reaction is going to be in beijing this was unexpected and it was a complete slap in the face because theyre essentially being forced to shut down the entire console within 72 hours and this is something that has never been done in the last 40 years and in fact this is one of the most important consular one of the oldest ones ever established in the u. S. So china is said that they are definitely going to retaliate if the u. S. Does not reconsider and withdraw this and they said that they are most likely will be will be shutting down the u. S. Consulate over in as well in retaliation and this is more symbolic than actually significant but it is a complete side slap in the face and it shows the complete lack of trust and the entire escalation between the u. S. And china because this entire thing was done without any sort of communication at all so it just shows you how deteriorated this entire relationship is so it begs the question on how much further this entire decoupling will go george i want you to have the last word on this because im thinking other president s and other administrations here in the United States have used sanctions in the past but it seems of late anyway that this particular state department has been almost if i can use the word if youll allow me correct me if im wrong all those using it through happenstance and almost in a brutal way in the way that theyre using sanctions right now do you agree. Mike pompeo then goes on to are looking like he just walked off. All the sopranos the public in the countries that comes and goes to look a child are noiselessly and shake their heads. Ask themselves is this Great America its roaming around the world like a bull in a china shop if youll forgive the pun given the events today and the owner of the all these china shops is finally going to say if we dont stop these people then all of our china shops are going to be trashed Richard Wolffe right people are asking themselves well whos next will one day we be next nobodys going to stand for the break how much is too much and have we reached that plateau its the question we discussed and what a great prattle you guys are fantastic thanks to all 3 of you for this wonderful discussion. This is the news with chaz when youre watching our special coverage when we come back a look at peachtree of attacks on christians statues throughout the United States whats going on whats the cause well drill down on that well be right back. Join me every thursday on the alex salmond show and ill be speaking to guests of the world of politics. Im showbusiness ill see you then. Japan and america. The top 3 economies of the world yes so now they are like that the tonic plates are moving away so that would be seismically significant. Doesnt sound like a friendly cooperative globalized world so they. Say welcome back im rick sanchez there appeared to be a string of attacks on christian and some catholic some bulls specifically in miami for example a statue of jesus christ was actually beheaded prompting the citys archbishop to call for a hate Crime Investigation meanwhile in california fires devastated a 249 year Old San Gabriel Mission 80 firefighters battled a fire which eventually destroyed the churchs group roof the church has been at the center of controversy for its connection to the 18th century catholic evangelist june a pair o. Sara including one some matter protesters criticized his methods in converting native is pope francis though has canonized sarah did so 5 years ago for more on this complicated story here is parties john honey. Jesus beheaded the statute in this picture taken by the archdiocese of miami was outside a Catholic Church in miami when it was vandalized july 15th a statue of the virgin mary was defaced outside a Catholic Prep School in brooklyn 5 days earlier both incidents the latest in a series of other attacks on religious statues in churches in the United States on july 15th a vandal or vandals. Defaced a statue of mary in Colorado Springs colorado with red paint july 11th and tennessee someone knocked over and beheaded a statue of mary outside a Catholic Church in chattanooga and also on july 11th police say a man drove his van through the doors of our lady queen of peace church and Ocala Florida setting the church on fire once inside fortunately there were no injuries and Police Arrested the attacker who is now facing attempted murder and hate crime charges the rising wave of vandalism targeting churches is certainly discerning for both Church Officials and police the department of Homeland Security in Miami Dade CountyPolice Investigators are all looking into the incident in miami representative Chuck Fleishman of tennessee tweeted this about the incident chattanooga writing quote this is a disturbing attack on catholicism and religion sadly it is among a series of attacks on Catholic Churches that have happened in recent days i hope that the perpetrators will be brought to justice but i also pray that they will find their way to god as well Authorities Say some of the vandalism appears to be possibly teens doing tagging such as the red spray paint on the mary statue in Colorado Springs sort of 13 a reference to the mexican gang southern united rozza but it follows the growing trend of statues being targeted and torn down by vandals trying to make a political point according to officials or those simply trying to get their work of destruction posted on social media like this vandal beheading a statue of Christopher Columbus and waterbury connecticut whatever the case the latest attacks in florida tennessee and colorado are being investigated as hate crimes as the investigations continue for the news with Rick Sanchez John hardy. Drilled out on this a little bit further with steve gerber hes the host of the steve gruber show steve should we has a tape or be mindful before we start making too many connections in this case to the wave of protests weve seen around the country or do you feel like its the right time to make that connection. Well rick it looks like to me that you have a series of attacks not only in this country but you look at happening in france and across europe as well christian symbols are being attacked by a variety of people maybe just to get on social media maybe its something deeper but its a continuation of the attacks on the social fabric of western civilization quite frankly you behead Chr