Other players join Chinese sanctions & Powell sours on crypto
The European Union, United Kingdom, and Canada have now joined the United States in leveling more sanctions against China over alleged Uighur abuses in Xinjiang province. Boom Bust’s Christy Ai joins the program to analyze the rising tensions and the state of Meng Wanzhou’s trial in Canada. Plus, we take a look at what other stimulus measures that the Biden administration may roll out to combat the ongoing Covid-19 fallout. Michele Schneider of Market Gauge offers her insight on the state of the US recovery and what lies ahead as the vaccination process continues to gain steam. Amid a major unionization drive in the United States, Amazon is seeing a strike unfold in Italy as workers in the nation protest over labor conditions. RT correspondent Natasha Sweatte brings us the latest on the events taking place in Italy and what it could spell for unionization efforts stateside. And finally, we bring you the latest comments from Federal Reserve head Jerome Powell as he says the US central bank will “move slowly” on fintech adoption. Boom Bust co-host Ben Swann and Jeffrey Tucker of the American Institute for Economic Research offer their takes on the move and the future of cryptocurrency adoption around the globe.