Option for sudan its either we remain on the list or we normalize with israel because its not within our right as a Transitional Government to do so we have to wait until the elections in 2022 and then the people themselves can and thats a government that will make that decision for them watching out international that brings you up to date for the moment were back again in about half. Welcome to max kaiser financial survival guide. Looking forward to. This is what happens to pensions in britain you dont just. Watch kaiser report. So what weve got to do is identify the threats that we have its crazy. Let it be an arms race is also a spearing Dramatic Development only really. I dont see how that strategy will be successful very critical. Usage. And. This is the one business show you cant afford to miss im going to washington coming up india may join the us in pushing out trying to walk away from a type g. Network setting up the stage for a more tension between the worlds 2 most populous country. In the u. S. Trying to express optimism on the trade front will new unmoved by australia could lead to a bad back well discuss with economics professor richard will have a lot to get to so lets get started the list of countries cutting off ties with chinese tech giant wall way could soon include india but reports claim it may not come through an outright ban and wont this after deadly clashes have led the 2 Nuclear Powers to amass thousands of troops at their shared border arties Rachel Blevins joins me now to discuss the details rachel whats going on right well being in government has an issue not right ban against Chinese Companies like wall way but instead now reports are claiming that they plan to actually phase out some of those products in a quick. It from all way in the coming years now we saw an article from the Financial Times which this is a quick claim that according to anonymous industry executives and government officials they say key ministries have clearly indicated that local Telecom Service provider should avoid using chinese equipment in future investments including in 5 g. Network that is important to remember here that india has the 2nd largest mobile market in the world and right now wall way is one of their top suppliers when it comes to equipment for that network so if they were to cut this off all together and to have any sort of band that would have a Significant Impact on both sides here but weve heard this before the india was going to issue this this wall way ban essentially but how did we get here right wing then just last year india was saying that it was open to working with all kinds of vendors when it came to setting up its 5 g. Network but with china specifically weve really seen increased tensions in recent months after border clashes turned deadly if you remember back in june at least 20 indian soldiers and an unknown number of chinese soldiers were killed when a stand off of troops along the border referred to as the line of actual control broke out into fights involving fists rocks and wooden clubs now following the deadliest clashes in more than 40 years both sides reportedly deployed troops by the 10s of thousands to the region then earlier this month india moved to ban wally and c. T. E. From taking part in its 5 g. Rollout and india has also since banned 59. 00 apps from Companies Based in china including the popular platforms ticktock and we chat citing of Course National security concerns well it sounds like india is following suit to what the United States has been doing and bring this time only only a few months or a little a little bit after the United States how much indication do we have that the u. S. Is actually influencing india were right as weve seen the u. S. Has really been at the forefront of that war against wall way calling on all of its allies to ban the tech giant and claiming that there are legitimate National Security concerns when it comes to why. Always ties to the Chinese Government now always has repeatedly denied those claims but the u. S. Is still pressured a number of countries to turn against them including india and as we saw earlier this year when President Trump made a direct visit to india he met with officials and he said that they discussed the importance of a secure 5 g. Wireless network and the need for this emerging technology to be a tool for freedom progress and prosperity and it is notable to see how the Trump Administration has almost encourage these increased tensions between india and china and were talking about neighboring countries here who are very large but also at the same time are Nuclear Powers absolutely and well see what else they follow suit in doing the United States has been arties Rachel Blevins thank you so much for being with us thank you. Amazon is facing more legal rules well this time in india where more than 2000 vendors have filed an antitrust lawsuit there saying the companys business methods are driving them out of business the suit comes as amazon is expanding its operations just south in india well joining us now in washington legal journalist molly varos contributor with americas lawyer molly good to see you what are these vendors a lodging. Well its 2000 of them sara theyre basically saying hey youre driving the smaller guy out of business with your unfair discounts and buying in mass balkans selling it at a discount to another company and its basically a lot of what youve heard earlier this is in addition to an antitrust investigation that started in the Company Earlier this year or started against the Company Early this year out of india and they were concerned over the same sort of practices that essentially put the smaller guy out of business so amazon can make a big profit well as usual thats the kind of what their goal is but what sort of Business Practices do the company or as a company under scrutiny for. Yes and you know were hearing the same story over and over again whether its litigation in the United States or in other countries but here in india its basically a free for all in a lot of ways because its a growing market for ecommerce businesses and youve got a lot of giants that are opening up shop there not just amazon but in amazon in particular basically vendors from a variety of places are saying that the way amazon works is theyll go in bill buy goods in bulk for directly from manufacturers turn around and sell them to someone else like cloud tail at a lower discounted rate basically at a loss and then cloud to cloud tail turns around sells those same products which are competing with other businesses that are selling those products but theyre selling them at a lot less so its driving these other Smaller Companies out of business well whats the latest molly when it comes to amazons planet to expand its operation in india. Well its interesting they have just opened up their largest Retail Office yet in a city there in india that is known as basically asias Silicon Valley bad im probably slaughtering the plantation of that name but its a huge city 10000000 is seen as a real growing mecca for young talent the Technology Business theyve got an enormous campus theyre like 2000000 square feet almost with some 15000 employees 7000 that are in the office and the rest are basically creating software that increases their Online Services so indias such a growing market a 1000000000 people and only 120000000 are really Online Shopping right now so theres a huge market to tap into and its seen as the presence of that building is basically seen as amazons for a day really cement themselves as the leader in Online Retail not just in india but around the world well and its building one of its largest offices so thats pretty incredible amazon this isnt the 1st time weve heard amazon getting into trouble for this type of reason are being investigated for this reason is there any real evidence truth to that. You know they are looking into it you had that investigation i talked about earlier that opened up in january and basically india regulators along regulators around the world are saying that amazon will say you know speaking on both sides of their mouth even though amazon the nies as they say they comply with all laws in india and across the world basically amazon is not. What im trying to say theyre trying to go in and violate loopholes if you are finding those loopholes that are making it easier for them to exploit smaller vendors and in fact some smaller businesses that were used to walk in Service Customers in india are now saying that theyre seeing a loss of business because more people are shopping online and because amazon is going in and buying a lot of those products up and making it cheaper and Home Delivery to people at home so thats part of competition but in response government regulators in india are also trying to pass a new policy which makes it so that they can have access to the dad. The Companies Like amazon have turned right around and take a look and see if any of that data is being used to in a nefarious way basically force out their competition and well see if amazon actually gives up that data as well because im not sure its going to be that ideally molly barrows contributor to americas lawyer thank you for your time. Thank you sarah. Here on boom bust weve been discussing the state of u. S. China relations and just how theyve impacted the world well Global Markets actually reacted positively following tuesdays news that both sides said theyre making progress on the trade front clinging to the phase one trade deal signed back in december u. S. Secretary of state my pompei all hailed it trumps initiatives on what he called the predatory aggression on the Chinese Communist party in china has pulled back the curtain on the predatory aggression of the Chinese Communist party. The president has held china accountable for covering up the china virus and allowing it to spread death and economic destruction in america and around the world and he has ended the ridiculously unfair trade arrangement with china that punched a hole in our economy those jobs those jobs are coming back home. From our we want to bring in author of understanding socialism and host of economic they professor richard professor weve talked time and time again about u. S. And china relationships pacifically the trade war with you but i want to get your take on this socalled progress of this phase one deal that both sides claim to be making. Well i think the easiest way to understand this is a recognize which mr von pale clearly cant do that the United States has very little power over china and the idea that the United States is in a position to tell the chinese to change their government or to get rid of their governing party is laughable around the world its already said if there are americans who actually believe such stuff what you have is a tit for tat game and that game involves United States genius the big ugly share of bad china and the chinese calmly responding a little later nothing much changes look beat drive that point home no exodus of businesses from hong kong because the businesses in hong kong feel very confident that they can work within the framework of the peoples republic no exodus of us like change back to china theyre very Small Movement according to the American Chinese Chamber of commerce which is run by american prompting these so this is the only political theater and because it didnt do much it has the kind of play both sides mr trump on the one hand strong straight wins i get him some attention and on the other hand statements that were making progress in florida the one constant is nothing much changes and he gets his name in the newspaper and thats the most i can see going on because the minute you look closely not much is changing especially when we saw a lot of people after that phase one trade deal was signed that trump went on to other sites. Saying well no he really didnt when because there wasnt much change and it was only phase one which was a partial deal right but a lot of these issues a still remain between the 2 countries and the u. S. Much like you said it wants china to base it basically restructure its government so given that information and china has said theyre obviously not going to is there ever really going to be an agreement thats going to make both sides happy how far is this going to go. Well my guess is that of course would guess a but my guess is that youre going to see more of the same actually a little bit harsh rhetoric from the likes of arm pale then a little bit. Were getting together from mr drum where maybe theyll reverse their relationships but get i did states needs china in all kinds of ways and vice a versa and they both know it and they both know that they have become into depended the chinese have become the 2nd superpower in the world over the last 30 years the idea that theyre going to change their society and the reason that successful is just as i say silly and the United States being the biggest debtor country in the world and the peoples republic of china being the biggest creditor of the United States theyre intertwined into dependence is what i think is what youre going to see and lets not be swayed by the ups and downs of what is mostly see other for your Political Base or for the media on certainly driving markets happened down those headlines professor let me ask you this is the u. S. Justified though to frame its stance against china as a stance against totalitarianism and communism. No i dont think those have anything to do with it i mean the most a totalitarian government i can think of in the world is saudi arabia and the United States has wonderful relation with them wiser all kinds of oil from them sells them military equipment more. Almost every other country in the world. That the idea that United StatesForeign Policy is good when i talked with jerry in ism is kind of ridiculous and not taken seriously in the rest of the world so i think these are statements made by his but were they say all of the republicans that we saw. With the democrats going along because thats a tradition in america but its not something that actually of the 2 sides which is why the communist government which as it were for the last 50 years has worked out a really successful profitable interaction with the United States on board over the last 50 years and used it to deal with their in is a muslim problem its not greater now than it was 30 years ago and saw it not read well professor i want to turn change gears here a little bit to turn of a tween relationship between china and australia which australia as you know joined the United States and actually called for an investigation into china after the alleged mishandling of the crown a virus again that tensions between the u. S. And china really grew tenser after the chrono virus because of their mishandling allegedly take a listen to what a senior chinese diplomat comments on what he said as about as far as australia. Or. They heard this shocking you were for a proposal coming from australia which is supposed to be a good friend of china it has always believed so if you i know of the language is a problem if you are able to reap chinese brocks chinese web site and even the comments on the blog including the blog of your embassy in beijing you will be able to know the intensity of emotion of all people how much indignation anger and frustration that express. Tensions are obviously rising between them professor your response. Yes i think youre seeing the the provocative pressure from the United States. Youve seen the back and forth struggles inside the mall and about whether or not to come down on one way the way the United States wants and do they isolate i can or thinks its you just dont mistake all of thinks that the government whether or not to go along with that and the same thing is going on with or straight youll notice that australia is having a problem on its neighbor new zealand isnt having every problem you also notice that japan and has to be china and were really at or also interdependent economically and so this is a little bit of shuttlecocks in order to get a better deal of between them that one of the other side wants to change but i dont think it will change much of the basis of all of this because these are not issues that the people who trade with those we make will the basic economic decisions for them this is secondary act around a little north and it really is where were saying at some countries take sides on the tax front like were seeing india having issues like we spoke of earlier today now in a blocking wa way others are going to follow so others may not and theyre pushing back and we know the United States is not going to stop pressuring atol eyes to do so professor Richard Wolfe host of economic of they thank you for being