Transcripts For RT Boom Bust 20240712

Question of the American Dream but the bigger question of who the dream is for. This is a boom bust the one business show you cant afford to miss unfair montecito going to washington coming up the u. S. Is expanding sanctions to ramp up the pressure against the north trying to pipeline between germany and russia we have an expert panel. On the d. O. J. Is filing suit against internet giant google will discuss whether or not to be the 1st of many antichrists lawsuit to break up the Worlds Largest tech company we have a lot to get to so lets get. The north stream to saga continues as the United States is stepping up its efforts to block the north stream to pipeline which would provide natural gas from russia to germany u. S. Secretary of state my palm peo says the u. S. Is creating a coalition of nations to help prevent the pipeline from being completed the pipeline is supposed to provide a major cost benefit to the German Energy market with natural gas being delivered directly without any intermediaries the u. S. Backed by poland baltic nations and ukraine has long been seeking to disrupt the pipeline that will carry russian gas to germany via the baltic sea joining me now to discuss the us coca cola spends juan and former u. K. Member of Parliament George galloway thank you for being with us today ben already the United States has put placed sanctions on this project in fact in december of last year those sanctions forced a Swiss Company to abandon the project what is the u. S. Talking about doing this time. Yes so what the u. S. Is really doing and you know you know im not a fan of sanctions really on any level sorry i disagree with them pretty much in principle but this to me seems to be maybe the worst example of how sanctions are being used you have 2 countries here that have agreed germany and russia to have a natural gas pipeline that would deliver fuel from russia directly to germany without any intermediaries and the germans want to do it because it drives down costs for them the russians want to do it because it means profits and money for them great so 2 countries agree on this and the United States decides no we cant have this because they claim that this would somehow in danger to the Energy Independence of germany it would endanger europe in fact by pompei of the secretary of state is using this act essentially called the piece of the protecting Europes Energy Security act of 2019 to justify why the u. S. Is placing same sions on germany and russia in order to try to block this pipeline as you said they already stopped a Swiss Company from being involved in it who quit the project with a very small amount left 93 percent of this pipeline is now constructed but the u. S. Doesnt want to leave it alone they want to stay involved and they want to literally force their will on these 2 sovereign nations who should have the right and the sovereignty to be able to say we want to be able to pursue this pipeline its in our best interest and the u. S. Will stay out its funny that you mention mike pompei a who who says that he believes that endangers europe because it would make it dependent on russian gas and then he says would endanger ukraine in his opinion he says in my opinion so opinions here and matter a lot george the Russian Foreign minister Sergei Lavrov is saying that the u. S. Should stop speculating on our stream too and that it should now be a matter of principle for germany to actually go through and complete the project. Well ben is right this is a particularly egregious use of the sanctions weapon against remind you a close ally of the United States germany is not some Banana Republic in Central America germany is an ancient and big power d in the oil ally of the United States and of course the biggest economic power in the European Union by some distance it just goes to show i say in parenthesis how absurd the charge that the Trump Administration is somehow a puppet of the russians this is of course not just short of war against russia seeking to destroy something on which billions have already been expended and which is the sovereign will of to solve or in European Countries and for the most bogus of pretexts namely the United States is concerned about the Energy Security of germany i would have thought the german elected democratic government is the best judge of that wouldnt you you would think about it but much like you said there they are basing this off of these sanctions off of the necessary need to they say protect germany from from europe right from from human dependence on this russian gas does the u. S. Now have a right or are they entitled to do this charge. This extra sorted go ahead. Yes this extraterritoriality is one of the biggest but they are so for many people around the world one of the reasons why the u. S. Is so poor live regarded these days youd have to see it from our side. Looking and sounding like fat mikey off the set of the sopranos pump bill has been literally rumbling all around europe threatening bludgeoning browbeating bullying the sovereign governments of our European Union that is the United States is most historic ally got so bad you know the German Government offered the straight bribe of 1000000000. 00 to the United States to leave them alone to make their own energy deal talk about protection money well we do know that germany wanted to continue actually Prime Minister germans Prime Minister and all markel has has been quite vocal about this and is backed by a lot of of the german politicians and political establishment saying that she wants to continue to build this pipeline and many many think that shell lose a lot of followers because of this but shes shes all for this because this is like you said ban like we mentioned is going to be cost efficient shes been out of the picture for a little bit for a few weeks we havent heard from her since last month ben do you think shes changing course. I dont think she shayne course in fact it was a german official who was quoted just this week saying its not a matter of if this pipeline gets done its a matter of when it gets done 93 Percent Completed and germany is absolutely committed to finishing this pipeline what they recognize is that with that Swiss Company all cs being forced out because of the u. S. Sanctions its going to take more time the russians say theyll just finish it on their own but i want to point out one other thing that that my pompei was using something called the cats right which is the countering americas adversaries through sanctions act essentially the idea is use ancients to slow down the movements and the actions of americas adversaries but george made a great point here germany is not one of americas adversaries and in reality russia is also not one of americas adversaries in fact but even if we set that aside this action between germany and russia is not adversarial to anyone except for Oil Companies its maybe adversarial to opec its maybe adversarial to saudi arabia or ukraine that instead wants to sell their natural gas to germany the only thing its adversarial to are other corporate interests who say rather than buying from russia buy from us and this is where you get so disgusting to me that u. S. Foreign policy is so intertwined with corporate interests rather than the interests of the people in this nation and in the livelihood of the people of other nations before we go george i want to i want to get your take on this do you think Angela Merkel is going to continue our live followers because she wants to push for this pipeline to get done as of what weve heard. No the National Consensus in germany left and right and center it is in Germanys National interest they have already expended a great deal on it they are looking forward to cheap and clean gas coming from russia a stable price a stable supply russia does not allow politics to get in the way of business it d will deliver on time and at the price agreed and promptly or instead wants germany to buy american gas coming across the seas thousands of miles in a time of heightened Environmental Concern that just doesnt make any sense of talk so i believe that until america will stick to our guns if shes been quiet over the last few weeks shes probably waiting out the results of the us president ial election and we all are we all know thats right many of us are especially in this pipelines already 93 Percent Complete im sure like ben said and like you said its only a matter of time before it is complete and boom bust cohost an investigative journalist ben so on and former u. K. Member of Parliament George galloway thank you both so much for your insight and your time today. Thank you. So even is now the latest country to ban Chinese Telecom companies while we and the swedish post and talk from authority set new license conditions following assessments by the Swedish Armed forces and Security Service calling china one of the biggest threats against sweden this panic could benefit Swedens Ericsson and Finlands Nokia which are the 5 g. Competitors this comes as european governments have been restructuring or restricting access to always 5 g. Following u. S. Pressure in july the United Kingdom became the 1st country to purge wall way out of the countrys 5 g. Networks by 2027 p. T. s gave a talk on operators a deadline of january 2025 to remove all wall way and the year from their existing infrastructure is for these Core Functions while way and have not yet responded. The u. S. Department of justice has filed an antitrust lawsuit against school accusing the tech giant of using its dominance as a popular Search Engine to stifle competition its the most aggressive legal challenge to the company in 20 years and the biggest showdown yet between google and the federal government but will the lawsuit really make a big difference while legal journalist molly barrows can. Weigh or has more molly good to see you hi farrah what does the government say google is doing to fend off its competitors. You know theyve been going after google investigating google for some time and this is coming on the heels of a big investigation into a number of Tech Companies including google so it looks like google is going to be the 1st one well see if they go after some of the other companies but essentially theyre saying you know google dominates the internet right 90 percent of Search Engines come as a result of using google theyre making money hand over fist like a 162000000000 that they made last year so theyre using some of that money that theyre making from their ad revenue and their Search Engines to basically make business agreements with mobile phone carriers to make sure that google Search Engine not only comes up for story and has priority real estate on these mobile carriers but that also that they cant be deleted in case another competitor wanted to have say their Search Engine in top placement so this is specifically a very narrow area that the government is going after instead of casting a wide net to say hey your Business Practices in general are at issue and we have a problem at this that the other theyre really focusing primarily on distribution and these agreements that google has made with these companies to keep their dominance in stifle competition they say its essentially hurting the marketplace because google is making these rules and not allowing competitors to to have a foothold in an industry well known as well as they do a lot of us do rely on google and little did we know it would become a verb google that you google that so can the feds actually make any real changes that will control googles Search Engine monopoly. You know its really interesting because ive read several articles and theres a bit of a debate about that theres some folks saying hey the horse is already out of the stall theyre already huge thered be a myth they control it all theyre gathering our data they own us what can we do but essentially if you look at that lawsuit that the federal government filed against microsoft a little over 20 years ago they said made similar allegations against microsoft said you know youre youre dominating the field youre stifling competition and youre making it so that your Search Engine is probably placement in the services that youre providing and thats illegal while they couldnt maintain the case or make the case that that bundling of services in part of place in their Search Engine was illegal but what they did manage to succeed at was going after them for how they distributed that in other words if theyre going to distribute their software to p. C. s to other users are going to carry that software then they cant make these deals where their Search Engine gets priority placement so i think that that is what some analysts are saying is why the federal government took this particular narrow focus about distribution because they succeeded with distribution angles when it came to microsoft and they might succeed with this distribution angle when it comes to google so are you going to see like a big outcome of this case breaking up google or having you know making them stop and open up the door for for competition probably not but what happened in the Microsoft Case which could very well happen and this one is if they are successful then this could open the door for other lawsuits from other states i mean there are 11 attorney generals that are backing this particular one from different states you could see other states filing lawsuits like texas or colorado and you could also just see over the course of maybe a decade more lawsuits being filed over specific issues like distribution or other issues that lawmakers want to do something about and this is just a their 1st step into doing something about it right and it sounds like its gone a little bit too far much like you said i mean why didnt they do this before and is it that they just wait until its just become so big that they need to somehow put some sort of control over it. You know thats a great question and why file this lawsuit 2 weeks before the election its a definitely and its a bipartisan issue lawmakers on both sides of the aisle as i said these Tech Companies not just google are too big theyre too powerful weve got to do something about it theyve been investigating them i think theyve been chipping away but theyve seen how even in europe they find google another 10 companies and those fines have done little i mean theyre there theyre just d. M. s you know theyre swimming in cash and so theyre really not too concerned about these fines so i think what youre going to see is and who knows what their motivations were for not doing more sooner but at least this could be the beginning of a wave of slowly but surely maybe breaking up or at least making them vulnerable with ongoing lawsuits whether its from the feds or other states or even other competitors that will leave them vulnerable to competition to come in and fill the gap if theyre busy filing and putting out fires and lawsuits you mentioned the election were only weeks away conservatives have long complained that some of these Tech Companies are silencing conservative voices what kind of Political Support is this lawsuit getting. Its getting a lot of Political Support in fact youve seen some tweets from democratic and republican legislators saying its time to break up big tax so it looks as though theres a lot of biased bipartisan support for the issue i think where there are differing is exactly how they should crack down on them if you see biden get into office you may see some sweeping antitrust regulation some speculate if maintains and republicans continue to dominate in washington then you could see a little bit of watered down version of antitrust regulation but without a doubt theyre moving forward and trying to set from the beginning that he feels like Companies Including google has stifled conservative voices so this could be his opportunity to say you guys arent running it like i think you should and so were going to file this antitrust lawsuit but i think its much bigger than like we talked about theyve been on these companies for some time but the fact that it was filed 2 weeks before the election makes some people say hey is this just a warning shot firing over the bow you know were trying to look like the big guys in town were not going to stand for these big Tech Companies you know doing what theyre doing until this election is over and then well see how passionate they really and this is just a 1st so we could see a domino effect going into the after other Tech Companies like the u. S. Government has been wanting to for quite some time molly barrows contributor to americas lawyer thank you so much for being with us today big sarah. Time now for a quick break but when we come back well take a look at the Airline Industry after the t. S. A. Reports the highest number of passengers in months but we may still be headed for a make or break Holiday Travel season as we go to break here the numbers of the i. I i. Secret prisons and usually what comes to mind when thinking about your own. Even the most prosperous can be deceived within the zeroes all the way to view houses were allowed to leave prison was located only cia people had access to the story for investigators hell they uncovered the darkest dealings of the secret services but i mean. The great ignore in thought. Maybe a thorny yes or no for. Crying for justice on o. T. The Airline Sector is struggling to recover after being hit with a coronavirus pandemic especially as Airlines Continue to lay off workers with no stimulus in sight but the Transportation Security Administration reported its green just over 1000000 people on sunday numbers they havent seen since mid march still daily screenings are down 65 percent compared to this time last year Airline Executives are worried that a full recovery to prepare lovells is still years away from war on the sector lets turn to. Communications Committee Chairman dennis tater denis good to see you lets start with the t. S. A. Numbers here are we seeing more Consumer Confidence as we head into this Holiday Travel season. I dont want to be flying into more of the flying out there since the straw that you referenced clearly we see a change in passengers. A lot from the master the earth a little bit of the cleaning. Go in the testing that i was talking about clearly a 1000000 mark. But this shows that when people feel like they have a place to go theyre not going to has the travel safe they need at least to go you know and they need. To be behind them to do that well last year aaa reported a record this was a Record Number of 115600000 americans that travel during the Holiday Season and travel data firm reported in late september for thanksgiving reservations usually one of the busiest weeks for airports the reservations were actually down by as much as 89 percent do you think that those are actually picking up in these these last couple of weeks or are covert numbers actually affecting these. Well i think it is some people are making decisions much closer into trouble were not going to be near if we want this thing sees and i were seeing a con and what a warning the Airline Industry with things like the vaccine coming revenants has other countries are talking states like hawaii these are all things that are going to reduce there are going to show you one thing with all of these. Being laid off to some highlights which take many months to train. We have lost whole entire respect every time. There are firing rounds into the bottom of. This street no matter who wins the election a loss of it or willing to reach in your mind should be a she component of windsor that we cover this landed at their feet so this is beyond partisan politics which actually had to look really on the airline. To keep the employees there because if people have a place to go behind but no chance to take on we have failed and we need to complete them to reassure this continuation for another 6 months and this is one of the major points that they really wanted to help airlines with these new this new stimulus that hasnt gone through and the likely wont pass be before the election it looks like its unlikely at this point even after the election depending how like you said it bipartisan they both want to help out the airlines still we still have to wait a little bit before saying anything go through are we going to see more job cuts in the sector because of this. Well 1st off the change of will even to broadcasting it was reported that. Speaker pelosi in addition of minutes talks theres a. Senate leader mcconnell said that he would have all under whatever they came up with so these are never ever so quickly but its dependent on this if we dont have this come through early well see what more we have and then we. 1st december and services. This is the deal we. Try to come out its when the recovery happens and it will. Grow to know the more you. And you will create only after cole. And that is dysfunctional and it is not really to be thats why we are more than a parolee behind us but this is a. Problem including the jobs and Mining Industry some 13 jobs. Its its more than that here. It is exactly where the economy is. Absolutely and it looks like the as you mentioned of this contest are this tracing or this testing before you get on to airplanes the International Air transport association so sad that its working on setting Something Like this up and which could be looking to do an affordable and pass testing of about 10. 00 i believe is what theyre saying but i want to turn to the latest on the boeing 737. 00 max plane thats been grounded since march of 2900 after those 2 fatal crashes American Airlines Just Announced it plans to fly the plane between miami and new york from the end of December December 29th through january 4th theyre saying that its taking a phased approach now the f. A. A. Has not yet issued a restart of occasion whats the likelihood that we will see a florida certification by these states. Well clearly the manse is shown us that you cant count on anything were definitely in the final stages american i fly for american on 737 pilot will go through the match training whatever theyve decided it to be soon simulators but the process essentially were in the final stages so to start planning on flying thats a Business Choice but just like american planners are training pilots in the simulator starting in november to cancel their plan because it was too aggressive so were focused on process right now like a theres a Comment Period some of the details are not available to us many are asked watch this closely well let me see the training materials that owing is proposing and yet in their statement says well the training on certain issues will be defined bible gives us some laws because this is a trusted verifying the previous path that weve got at this point was well whatever ruling says is why do we need everybody to crosscheck in this and were in a much better place when were. Cannot stop now we have to keep asking these questions castle heres what we found other areas that could be enhanced should not cause alarm but we cannot stop and were reaching a level of higher performance in checklists and things that challenge those pilots are. Unfortunate to air crash the f. A. A. Will definitely need to come through with this before it gains Consumer Confidence that people wanting to fly these jets captain dennis tate are a communication coming chairman with the allied Pilots Association thank you so much for breaking this down for us today. And you said. Its all been lost on the man on the portable t. V. Up available on your apple and Android Devices well see you next time. Please. You know when im going to be out there see i dont think about it at all many grown men not new dorp or. Kind of where i wonder. If im not the now one think its higher than our. Members of the african mafias conways them safe and quick passage to europe but once they. Leave they are in sleeves they count speech util. Will not some of them may be a mom and i couldnt you know if this unit can get it out i mean. They sold the. Core of the in an import data because the persona but a kid even than all. Others financial Survival Guide i dont buy any i passed on it features. Some of the 5. As of last summer my ex from the future trucker was kaiser. France pays tribute to a history teacher who was killed by an islamic extremist president mcraney is now leading a ceremony in paris and is awarded this time your party boarded some your party with the highest civilian honor. The british Prime Minister forces the coronavirus lockdown in manchester despite strong resistance from the city matt residents told us the new measures are a step too far. Be economic package that you know it wont keep people alive big picture put its 2 through about giving people the correct why not just more people are going to be able to survive a bit. On the