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Thousands Detained Across Russia; The Rise Of Redditors; Myanmar's Military Seizes Power, Detains Aung San Suu Kyi. Aired 10-11a ET

Aired February 01, 2021 - 10:00   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


(COMMERCIAL BREAK)

[10:00:30]

BECKY ANDERSON, CNN INTERNATIONAL ANCHOR (voice-over): Right now this is the scene in Myanmar. Soldiers on the streets declaring the country their

own. How a military coup transpired is just ahead. Plus.

UNIDENTIFIED FEMALE: I want a free election. I want change in our government.

ANDERSON: Russia's fierce crackdown against protesters with thousands detained including at 1.1 of our own CNN correspondents. Details on that

are coming up.

And the Game Stop saga continues. But now the Reddit crew has turned its sights on something even bigger and shinier.

ANDERSON (on camera): It's 7:00 p.m. here in Abu Dhabi. I'm Becky Anderson. Hello and welcome to CONNECT THE WORLD. Myanmar's military leaders are

laying out conditions for a return to quasi-Democratic rule after seizing power in a coup. This is what it looks like in the Capitol today. Soldiers

blocking roads, banks closed, widespread internet outages reported. Military leaders seen here meeting in the presidential palace citing

unproven claims of election fraud in a vote their party last as the reason for the coup.

Military now says it will return power to whichever party wins a free and fair election though it does not say when that election will take place.

Well, detained democratically elected officials including the de facto civilian leader, Aung San Suu Kyi. Her party say she and her cabinet

members are at their official residences. Well, Ivan Watson connecting the developments for us from Hong Kong.

And Ivan, good to have you. The U.S. Special Rapporteur on human rights in Myanmar call this coup a "real mystery" and he points out that the military

already had sizeable power after writing the constitution that it just over through. Explain what's going on here.

IVAN WATSON, CNN SENIOR INTERNATIONAL CORRESPONDENT: Yes. I mean, there was this slightly awkward power sharing agreement where you had a ruling party

the National League for Democracy led by Aung San Suu Kyi who was kind of a prime ministerial kind of position, sharing power with the military, which

had written its own constitution, signing it. Control of 25 seats -- 25 percent of the seats in parliament and control over their security

portfolios for example.

But evidently, the military did not like the results of national elections last November and after complaining about them, decided to overthrow this

government and the constitution.

(BEGIN VIDEO CLIP)

WATSON (voice-over): It is a textbook example of a military coup. Troops showing up before dawn at the homes of elected lawmakers in Myanmar,

arresting them in the dark. An announcement read out on the military owned T.V. channel declaring that this man, military chief Min Aung Hlaing is

assuming control of the government.

UNIDENTIFIED MALE (through translator): These states of emergency is in effect nationwide and the duration of the state of emergency is set to one

year.

WATSON (voice-over): Now detained and held incommunicado, the country's de facto leader Aung San Suu Kyi along with the president and a growing number

of other top government officials from her National League for Democracy party.

MANNY MAUNG, MYANMAR RESEARCHER, HUMAN RIGHTS WATCH: We've also heard that, you know, activists, some student leaders, politicians from around the

country, not just in the (INAUDIBLE) they've been taken. And, you know, there's just no way to verify where they are or what they're doing.

WATSON (voice-over): For many in Myanmar, the military shocking power play is a traumatic reminder of what up until 2015 had been more than a half

century of military dictatorship where any public dissent was brutally crushed.

MAUNG: It's devastating because now people are wondering, are we going to live under -- another five to seven decades of the shadow over us.

WATSON (voice-over): During military rules, Suu Kyi became an international symbol of Myanmar's prodemocracy movement. Winning a Nobel Peace Prize

while under house arrest in Yangon for some 15 years.

[10:05:06]

WATSON (voice-over): That changed in 2015 when the military finally allowed the country's first modern Democratic elections.

AUNG SAN SUU KYIl, STATE COUNSELLOR OF MYANMAR: The people that decided that they must be involved in the political process of this country.

WATSON (voice-over): People celebrated in the streets after Suu Kyi and her party won by a landslide. She entered an uneasy power sharing agreement

with the military. But excitement over Myanmar's transition to civilian rule faded in 2017 amid disturbing scenes of hundreds of thousands of

members of the Rohingya Muslim ethnic minority fleeing across the border to Bangladesh to escape a brutal military crackdown.

UNIDENTIFIED MALE: Aung San Suu Kyil, was there ethnic cleansing in Rakhine State?

WATSON (voice-over): The Nobel Peace Prize winner defended the military rejecting accusations of genocide.

On November 8th, 2020, the people of Myanmar went back to the ballot box in another national election. Despite the threat of COVID-19 they voted in

huge numbers, expanding Suu Kyi's mandate and all but crushing military- backed candidates at the polls. Without providing evidence, the military claimed electoral fraud and has now used these claims to justify its

overthrow of the government.

MAUNG ZAMI, CO-FOUNDER, FORCES OF RENEWAL SOUTHEAST ASIA: The Burmese military has proven themselves very capable of slaughtering its own people.

So, we have an extremely, you know, troubling situation from here on because the pretense of civility in politics, the pretense of

democratization is finished.

WATSON (voice-over): A country with a long violent history, now headed into a new period of deep uncertainty.

(END VIDEO CLIP)

WATSON (on camera): Now, Becky, there have been a growing chorus of international voices, heads of state from Europe, the U.S., the U.N.,

Australia, New Zealand, calling for the military to immediately release the detained government officials. Meanwhile, one of the only functioning T.V.

stations in Myanmar, the military own channel has been running some really classic military coup programming.

We may be able to show it to you now. It's just basically an endless loop of images like this showing and celebrating the military that have now

seized power again, and disenfranchise millions of voters months after the November 8th election. Becky?

ANDERSON: For many of our viewers, Aung San Suu Kyi will be the face that they recognize when we report and the stories out of Myanmar. Of course she

is popular at home, as you pointed out in your report but internationally she has fallen from grace roundly denounced for failing to speak out

against these alleged atrocities carried out against the Rohingya Muslims by the military. Is it clear what her fate might be as a result of this?

WATSON: Yes. That's this big question right now. Her international status is -- and reputation has been harmed. She was on public international

platforms defending the very same military, which now apparently is holding her under house arrest. That said, she still enjoys an incredible amount of

support at home. I mean, her electoral mandate, her party's electoral mandate grew from the election in 2015 to the election in 2020.

So, her denial of the atrocities committed against the Rohingya minority, did not hurt her popularity and her base of support inside Myanmar. There

is controversy over whether or not she put out a statement on Facebook, whether or not it was authentic calling on people to go out and protest

against this military coup. And we certainly haven't heard or seen her directly, since the military swept in in this way.

And it's really going to be a question of where things can go from here, as some of the analysts I've talked to have pointed out, the military was

completely in charge recently enough that people remember the punishment that comes if they try to stand up to the military. It results in massacres

and savagery in the streets, Buddhist monks within the last 15 years who were -- their protests were crushed by this very same military.

There may be a test of wills that may have to play out. On top of this, you have a number of ethnic militias that are still at war with the state. Who

have been warring against the Myanmar military for generations.

[10:00:03]

WATSON: All of these factors will contribute to real instability and uncertainty moving forward in this Southeast Asian country.

ANDERSON: Made all the more difficult with extremely different -- difficult communications with the country as things stand at present. Ivan, thank

you.

Well, the Kremlin says it will not be lectured by the U.S. about ongoing protests in Russia. Thousands of demonstrators took to the streets over the

weekend to support jailed opposition leader Alexei Navalny. U.S. Secretary of State Antony Blinken has criticized Russia's crackdown on the protesters

in recent weeks and independent monitoring group says several thousand people were detained on Sunday.

And that includes CNN's own Frederick Pleitgen connecting you tonight with more on what he has seen and experience. Fred joining us now from Moscow.

You know, quite remarkable scenes on the streets in Russia. Describe what happened to you, Fred, and what you witnessed.

FRED PLEITGEN, CNN INTERNATIONAL CORRESPONDENT: Yes. Yes. Hi there, Becky. Yes. For me, it was really -- I can say I was basically one of the lucky

ones because we were basically filming, some other journalists and some protesters getting detained when all of a sudden a bunch of riot cops came

up to me and started taking me away. I tried to explain to them that I was an international journalist but they kept bringing me to one of those

trucks that they usually put people in that they detained.

That was actually quite fortunate to have our producer Mary Ilyushina with us who then talk to them and berated them. And at some point, they finally

asked for my press accreditation, and then let me go again, but that did take several minutes. And within that time, there were a lot of other

people who were detained. And it was part of that full court press that we saw the Russian authorities put on yesterday trying to stop people from

even coming out.

But then also being very harsh when those people came out. We did see a lot of riot police wielding clubs. We saw riot police using tasers as well. And

yet, the opposition, of course, first and foremost, calling for the release of Alexei Navalny. They did manage to come out in the streets, not just in

Moscow, but in other cities as well. Let's have a look at what happened.

(BEGIN VIDEOTAPE)

PLEITGEN (voice-over): Russian security forces showing no mercy cracking down on protesters demanding the release of opposition leader Alexei

Navalny. But some telling us they want more fundamental changes in Russia.

I came here today not only because of Navalny, this man says. I think it's more because of the lack of freedom. And because of this demonstrative

lawlessness that's going on.

UNIDENTIFIED MALE: I want a free election. I want change in our government.

PLEITGEN (voice-over): Independent monitoring group OVD-Info says thousands were detained across Russia. Many protesters but also some journalists

including briefly me.

Sorry, sorry. All right. All right. It's OK. It's OK. While, I was released after a few minutes. Many others were not so lucky. The U.S. Secretary of

State condemned what he called harsh tactics against protesters and journalists. Riot cops often wielding clubs. And in some cases, even tasers

like in this troubling video from Moscow. But as the protesters marched to the Russian Capitol, many motorists honk their horns and apparent support

as they drove past.

Alexei Navalny whose appeal for released from detention was denied this past week called for the nationwide protests. Vladimir Putin's government

reacted swiftly in an unprecedented move, shutting down large parts of central Moscow including 10 subway stops in an effort to stop the protests

which authorities say are unsanctioned. But people came out in masses across this vast country, often braving freezing temperatures like an

Yekaterinburg and often faced with a harsh police response like in St. Petersburg, where OVD-Info says hundreds were detained.

Released, release they chanted referring to Alexei Navalny. Navalny remains in detention and faces another court hearing this week. Locked away but not

silenced as many of his supporters have vowed to continue their action.

(END VIDEOTAPE)

PLEITGEN (on camera): And Becky, that court hearing is actually set to take place tomorrow. In fact, the authorities moved that court hearing to a

different court here in Moscow earlier today. And if Alexei Navalny is sentenced in that court hearing, if he's found guilty, then he faces up to

3.5 years in prison. The Russian Prosecutor General came out earlier today and said he backs jail time for Alexei Navalny.

And one little bit of info I have to give you before I hand it back to you is that we've just heard a couple minutes ago that Alexa Navalny

spokeswoman Kira Yarmysh, she has also now been sentenced to two months in home detention as well.

[10:15:08]

PLEITGEN: As you can see that crackdown just seems to be continuing here by the authorities. And that standoff between Alexa Navalny and the

authorities as well. Becky?

ANDERSON: Fred, there is no shortage of condemnation from the international community, France has even gone so far as to call on Germany to abandon

this Nord Stream 2 gas pipeline project that it currently has with Russia. The E.U.'s foreign policy chief in Russia himself on a -- an earlier

scheduled meeting. None of this -- none of this pressure, though, will necessarily help those protesters on the streets. What would help at this

point?

PLEITGEN: Well, it's very difficult to see what would help at this point or what would -- what would essentially change things at this point. I mean,

one of the things that we've been seeing, especially throughout the course of the day, we were on a conference call earlier today with the -- with the

Kremlin, with a spokesman for the Kremlin Dmitry Peskov essentially said, look at any sort of condemnation, especially the ones that we've heard from

Antony Blinken from the United States, from the Secretary of State there.

That's not something that the Russians are even willing to listen to at this point in time. He talked about the folks who are coming out saying

these were illegal protests and says that people who -- as he referred to them as hooligans would be dealt with in a very harsh way by the police.

So, you do see the Kremlin right now, the authorities backing those security forces as this continues to go on.

But at the same time, though, you also see the supporters of Alexei Navalny . And Alexei Navalny himself also not backing down either. It's certainly -

- so, it seems as though international condemnation, international calls for things to remain calm or for the police to take a more calm response to

all this, that doesn't seem to be making any difference at this point in time.

And when we talk about other measures, for instance, like -- for instance, the Europeans were discussing, for instance, with the Nord Stream 2. You

know, I've talked to German officials about that in the past, and they keep saying that the Nord Stream 2 project to them is an economic project, not a

political project. There are obviously other people in the European Union who see that very difficult.

Very hard to see Germany and the companies that are involved in that project, abandoning that project at this point in time. Even with those

events that are going on in Russia right now, and even with that international condemnation that as you correctly point out, is not just

coming from nations like the United States but really coming from the European Union as well, Becky.

ANDERSON: Fascinating. Fred, thank you. We'll check this out. As tensions between the U.S. and Russia are building, a Russian fighter jet buzzed an

American destroyer operating in the Black Sea on Sunday. U.S. Naval Forces aboard the vessel posted this video of the incident on Twitter. The fleet

said it was operating in international waters at the time and that the Navy routinely operates there to reassure NATO partners and ensure security in

the region.

You're watching CONNECT THE WORLD. I'm Becky Anderson. It is seven minutes -- about 17 minutes past seven here in Abu Dhabi. This is a show broadcast

from our Middle East broadcasting hub of course.

Still ahead, whether you're on a plane train or in a car, you better mask up while traveling in the US. Details on the mandate that will soon go into

effect are coming up. Plus.

(BEGIN VIDEO CLIP)

UNIDENTIFIED FEMALE (through translator): We have to get rid of nonsensical coronavirus measures which are just destroying our economy and everything

and don't make any sense.

(END VIDEO CLIP)

ANDERSON: But an eruption of anger in Europe as people take to the streets in protest. More on the anti-lockdown demonstrations after this short

break.

Plus, World Health Organization calling on the U.K. to pause its vaccination program to ensure a fair rollout. My conversation with David

Nabarro, the COVID-19 Special Envoy for the World Health Organization.

(COMMERCIAL BREAK)

[10:21:23]

ANDERSON: Across Europe, frustration and anger over coronavirus restrictions.

(BEGIN VIDEO CLIP)

ANDERSON: Demonstrators took to the streets in Vienna in Budapest and in Brussels over the weekend. Rallying against lockdown measures in those

countries facing off against police. Protesters argue restrictions have gone on too long and are causing more harm than the virus itself. When all

of this happening as the E.U. struggles to curb the spread of COVID whilst dealing with a vaccine supply crisis.

AstraZeneca will now deliver 9 million additional coronavirus vaccine doses. That's according to the European Commission president but only after

a furious spat between the bloc and the drug company. Melissa Bell joining us now from Paris on the latest in all of this. And it does seem firstly,

Melissa, these lockdowns in Europe are creating -- well, one habit for people and a real sense of despair at this point. And we are seeing

protesters on the streets calling for an end to all of this.

MELISSA BELL, CNN PARIS CORRESPONDENT: That's right. This was several different protests, Becky held in several different European cities. What

they had in common is that they'd been banned. They were illegal. And so, the fact that so many turned out really a measure of the anger there is

that the restrictions that have been in place in much of Europe on and off for nearly a year.

(BEGIN VIDEOTAPE)

BELL (voice-over): Protesters versus police. Demonstrators filled the streets of some European cities on Sunday to vent their anger over

coronavirus lockdowns that they say have gone on too long.

In Brussels, riot police carrying batons and shields detained at least 200 people for gathering at what officials deemed an unauthorized assembly.

Protesters say restrictions like a nighttime curfew and a ban on nonessential travel in and out of the country are more destructive than the

virus.

UNIDENTIFIED FEMALE: I am here because I think it's not right at all what is going on. Just because of a virus that doesn't kill that many people.

Now, people are dying and starving. They can't work and earn money.

BELL (voice-over): Thousands of people marched in Vienna despite a ban on the rally. The crowds waved Austrian flags, some calling for the government

to resign as the country endures its third lockdown.

GABRIELE WLADYKA, PENSIONER (through translator): We have to get rid of these nonsensical coronavirus measures which are just destroying our

economy and everything and don't make any sense.

BELL (voice-over): Restaurant workers in Budapest packed a city square as their own businesses remain empty. They say their livelihoods have been

ruined because they can only serve take out, which amounts to a fraction of what they need to survive. So far, authorities have avoided the escalation

of protests seen last week in the Netherlands where police thrown water cannon and tear gas on rioters, who police say set a firework through

stones and looted stores.

Scene officials don't want repeated with police and many protest cities out in full force.

(END VIDEO TAPE)

BELL (on camera): Becky, we now know that in fact in Brussels, 488 demonstrators were arrested and that the protests that you saw there in

Hungary have picked up again today a smaller protest but once again restaurant tours making their anger plain and of course, all of this in the

context of worryingly high COVID-19 figures in many parts and worryingly short vaccine supplies.

[10:25:02]

ANDERSON: Yes. Absolutely. Let's talk about this vaccine rollout in Europe. The European Commission President Ursula von der Leyen may have scored a

semi victory as it were in securing additional doses from AstraZeneca. But in doing so, Melissa, she managed to alienate almost everyone in CMC. The

European vaccine rollout has been an unmitigated disaster. What is the latest?

BELL: The latest is that they're very pleased that they've managed to secure not only those extra doses from AstraZeneca but extra doses also

from BioNTech. This after a meeting last night between Ursula von der Leyen and the pharma groups. I think you're right, the heat generated by this

route, really a measure of how slow the vaccine procurement strategy the European Union has been.

It finds itself short on the deliveries of vaccines that it needs. And of course, keeping a very close eye on what's happening in the United Kingdom

where the vaccination campaigns been going ahead very well. Michael Gove saying over the weekend that they believe they could reach their target of

15 million doses delivered by the 15th of February. So, this is, of course, the big first post Brexit route that has emerged.

We heard on the French of Europe minister this morning on the radio, talking about the fact that he believed that the British vaccination

strategy was in fact, dangerous that Europeans wouldn't accept it. And that sort of war of words is likely to continue as is, of course, the export

limitation, export restriction mechanism that the Europeans have now put in place. So, around it's likely to continue that reminds us first of all,

Becky, that all through divorce, it's very difficult for people to be friends.

But also that Europe desperately needs vaccines of which it is far too short. Angela Merkel has been meeting today with big pharma groups to try

and see how Germany can fix its vaccination shortages. Becky.

ANDERSON: Melissa Bell on the story. Always a pleasure. Melissa, thank you. A mask mandate on all public transportation across America will soon go

into effect as the U.S. records its deadliest month of the pandemic. Beginning Monday nights all passengers traveling into within or out of the

country will be required to wear a mask. TSA workers have been given the authority to enforce the order throughout the public transportation system.

The agency issued a warning for those who refuse to comply saying passengers without a mask may be denied entry boarding or continued

transport. Failure to comply with the mask mandate can result in civil penalties. Let's break this down this new mandate with CNN's aviation

correspondent Pete Muntean who is live at Reagan National Airport in Washington. So, what is -- what's the response been to this new law? And is

there any pushback at this point?

PETE MUNTEAN, CNN AVIATION CORRESPONDENT: Well, Becky, you know, workers have been wanting this for months, you know, they have been the ones having

to enforce mask rules laid out by airlines and by airports. Now they're getting a lot of help from the TSA, which will now require mask as

passengers pass through security. But the TSA is going beyond that. It says masks will be required throughout the entire transportation system, public

and commercial.

That means planes trains, buses, boats, taxis [inaudible] also here inside airports, and all other transportation hubs. All of this goes into effect,

11:59 p.m. tonight, you mentioned the civil penalties. That is something we have not really heard of until now. Up until now, airlines have really only

had the recourse of being able to deny passengers boarding, but also ban them from flying again.

Delta has banned about 900 people on its airline alone. So, this is a pretty big shift. And it's really politics driving the policy here. New

administration new approach. The Trump administration has plenty of opportunities to act on this, but failed to do so.

ANDERSON: Pete Muntean on the story for you. Thank you, Pete. Well, the Silver Streak has begun after causing a surge in GameStop shares. The

WallStreetBets folks are now sending silver to recent highs. Details on that are coming up.

(COMMERCIAL BREAK)

[10:31:40]

ANDERSON: Well, after sending the U.S. market into a tailspin last week, those rascals at Reddit ready tours called WallStreetBets are at it again.

You'll recall the group started a frenzy buying struggling stocks that their big hedge funds were betting against. In the process the value of

stocks such as GameStop, and AMC theaters skyrocketed. It's a total David and Goliath story with the individual buyers making tons of money at least

on paper.

And the big guys' funds losing billions. For example, GameStop was trading around $4.00 last year, early this morning it was up at $325. You can see

how an investor shorting or betting against the stock will be fuming. Now this week, WallStreetBets members are doing the same thing to silver. They

believe the big banks have been artificially keeping prices low. But not for long. They call it a silver squeeze.

So, the group is targeting one fund in particular. The eye shares silver trust that last jacket was up more than $2.00 trading at more than $27.00 a

share. And in fact, I'm watching a live price on my screen. And it's higher than that. Up some 10 percent as we speak. Well since this story connects

business with the web. We've brought in CNN digital producer Jon Sarlin and CNN business's Matt Egan.

Matt, let me start with you because you've been reporting on this silver spike prices surging to five-month highs after these Redditors drove up the

price. Just to explain what exactly is going on here.

MATT EGAN, CNN LEAD WRITER: Well, Becky, this crazy story just got even crazier. Here's what we know. Last week, there were users on the

WallStreetBets forum who were calling to buy silver as a way to punish banks that they thought were artificially keeping prices low. We did see

silver prices move up last week. Then over the weekend, retail sites that sell silver coins and silver bars said that they were getting hit by

unprecedented demand and they couldn't meet it.

Silver prices went up last night. And as you mentioned up another 10 percent this morning. But we should remember that we don't actually know

who these Reddit users are nor what market moves they're making. And this morning, we have had new posts from the Reddit users saying that there is

no coordinated movement to buy silver and that their whole movement is being coopted by hedge funds.

Again, we don't know who those users are and what trades they're actually making. And this is the exact point that Elizabeth Warren was making over

the weekend when she said the SEC needs to investigate. Clearly, Becky, this story is not going away. I think the question is what markets will be

impacted next, and how regulators are going to respond.

ANDERSON: Absolutely. Well, Jon, I know that you've been speaking to Wall Street bet members. What have they been telling you?

JON SARLIN, CNN LEAD WRITER: Well, it's important to note that WallStreetBets didn't start last week. It's been going on for many years.

And so, if you follow the conventional wisdom of the hive mind of WallStreetBets two weeks ago on GameStop you would have made a lot of money

but there have been many weeks prior to this where you can follow that same advice you would have been left penniless.

[10:35:08]

SARLIN: So, for the characters I talked about my story, there was A.J. who is a Missouri man who makes $35,000 a year, repairing batteries, iPhone

batteries. Him and his best friend read about GameStop, went on WallStreetBets invested early and made more than a million dollars. Now,

A.J., that is an extraordinary story. And he realizes that he got very lucky. He is taking that money and is now trying to open up a shop, a

trading shop and try to use that money and keep the games going.

But there -- it's not just agents. There's also Omar. Omar is a person I talked to you who is a young kid who -- over the summer, lost a lot of

money on options trades, and eventually used his student loans to try to get back to even which he never did. I talked to Omar this week, he told me

that he was back in on GameStop.

(BEGIN VIDEO CLIP)

SARLIN: You haven't sold your stocks yet.

A.J. VANOVER, GAMESTOP INVESTOR: I want to make more money and my co- competence going up. I searched around, I might see how far it goes now.

(END VIDEO CLIP)

ANDERSON: Well, I think Jon's shot was frozen that he was there. As you can see as speaking to the trader known as A.J. Let me -- let me just get back

to Matt just for the moment before I pick this up with you, Jon and find out what these -- what these retail traders really believe the endgame is

here. Matt, the billionaires say these Redditors don't know what they're doing. But it seems they know exactly what they're doing. And for some of

them, at least, it's working.

EGAN: Yes, Becky. It's way too early to say, we know that as Jon said, some of the people he talked to, they did make a lot of money. But if unless

they sold their GameStop stock, those are just paper gains and make it go away in an instant. I mean, don't forget that on Thursday of last week

GameStop lost nearly half of its value before rebounding on Friday. But I think the bigger question is what this says about the health of the

financial markets.

I mean, at a minimum, this is not normal. It does appear to be another example of extreme speculation in financial markets driven by rock bottom

interest rates. And, you know, history shows that you never want to be the last one in during one of those manias. I talked to Richard Fisher, the

former Dallas fed President last week, and I think he summed it up best when he said, "Someone who's going to get hurt."

ANDERSON: Hmm. Well, Jon, you know, these guys that you've been speaking to will have heard the comments by Elizabeth Warren, the sort of comments that

that Matt has just described, someone's going to get hurt. I'm sure they will be familiar with. What is their endgame here?

SARLIN: Right. Well, it's unclear. I mean, I think we might see last week as the big short, but the wolf of Wall Street is coming next. There are

millions of people flocking to this site, probably with the expectation that they will hit like GameStop did. That was a once in a lifetime event.

One financial expert told me that was the craziest thing he seen in 45 years. So, if you have this site, attracting about a million new members

every day.

And on that site, we are seeing penny stocks, we are seeing extremely volatile stocks that are highly susceptible to market manipulation. If you

were a -- say Jordan Belfort from Wolf of Wall Street type and you wanted to find an audience, well, that's one million members looking for a gold

rush going on WallStreetBets every day.

ANDERSON: Yes. That's quite some number. A million new users a day and I can tell you this is -- this is international. I've seen people watching

what was going on with the GameStock stock. That's a good illustration here in the UAE. I mean, this is -- this is all over the place. A truly global

story. We've been connecting you too with the guys in the house tonight, Matt and Jon, thank you for that.

Ahead on this show. A red card issued in Rio over a kick in the face. We'll find out what happened on this story up next.

(COMMERCIAL BREAK)

[10:41:33]

ANDERSON: Right. I need to show you this really nasty stuff which earned Leandro Castan, Vasco da Gama a red card. This was during the match with

Bahia in Rio de Janeiro. You absolutely have to feel for the keeper in all of this. I've got Don Riddell in the house. Nasty stuff, Don. What was

going on here? What happened?

DON RIDDELL, CNN WORLD SPORT ANCHOR: Well, as you can see, he went for the ball, missed it and clobbered the goalkeeper instead. So, an amazing

photograph. The ball is right behind him. The ball ended up in the back of the net. It was ruled out for a violent play. That player was sent off and

the goalkeeper was taken to hospital where he received five stitches in his face. But I would say he was pretty lucky. That was really, really

unpleasant.

And it is just a reminder of just how brave goalkeepers have to be to play in that position sometimes.

ANDERSON: Yes. Absolutely. The rule is no studs up, right? That is serious. Studs up right into the keepers face. More from Don on WORLD SPORT which

follows this short break folks.

(COMMERCIAL BREAK)

END