The designation of this episode as a recession even if it turns out to be briefer than earlier contractions now economists generally define a recession as 2 consecutive quarter months of 2 consecutive quarters of Economic Contraction g. D. P. In the us has already fell by 5 percent in the 1st quarter of this year and the economy is expected to climb by a steeper margin in q 2 of 2020 lets get some expert analysis on this and and the state of the economy with todd morris chief strategist at the trading and cohost christiane who joins us from los angeles thank you both for being here today but i want to start with you now the n b e r declared that the u. S. Recession began officially in february now this marks the fastest the n b r has actually declared any recession is this a good thing as the faster the drop usually the faster the bounce back. From a back listen i put very little stuff. To what any account is really said because theyre not calling it until its already over and theyre s
A situation where we were standing eyeball to eyeball and besides altered in those couple of you know lost. This is very sad and that we want government to immediately step in and take some diplomatic action so that it does not happen like 62 that small incident got speared up to the bigger level and we may have to go for a bigger action than my colleagues or hell rahman who has reported extensively from the region has more. Now the context of this has state despite the fact that these skirmishes we believe 20 indian soldiers killed we still dont know how many Chinese Military personnel have been injured in this case at all and hallock they were injured but these countries have been ongoing and chinas certainly bishan is at this moment to build a road network that would move its way westwards of its country into pakistan and down into the arabian sea that is called the china Pakistan Economic corridor or whether thats going to be to do with these recent we dont know one unconfirmed rep
Have a 6 pack show today so lets dive right in. And the United States has officially entered a recession in february of this year ending 128 months of economic expansion which was the longest run in more than 150 years according to the National Bureau of Economic Research now the announcement from this organization comes much earlier in a recession than they generally like the any b r wrote about the situation saying the unprecedented magnitude of the decline in employment and production and its broad reach across the entire economy warrants the designation of this episode as a recession even if it turns out to be briefer than earlier contractions now economists generally define a recession as 2 consecutive quarter months of 2 consecutive quarters of Economic Contraction g. D. P. In the us has already fell by 5 percent in the 1st quarter of this year and the economy is expected to climb by a steeper margin in q 2 of 2020 lets get some. Analysis on this and and the state of the economy
President offers to mediate a border dispute between india and china. Welcome to the program u. S. President doll trump has made his frustration with social Media Companies official he signed an executive order a few hours ago seeking to have the likes of twitter and facebook reclassified as publishers and stripped them of legal immunity over the content of their sites hes been angered by twitters labeling of 2 of his tweets on postal voting as misleading and referring users to a Fact Checking page trump says the fact checks were editorial decisions that amount to political activism they had unchecked power to censor restrict. Virtually any form of communication between private citizens or large public audiences there is no president in American History for so small a number of corporations to control so large a sphere of Human Interaction and that includes individual people controlling vest amounts of territory and we can. Well earlier i spoke to john malcolm the Vice President of the
Saudi arabia arrests the kings brother and all the royals accused of plotting against the crown prince is muhammad bin selman consolidating his power and what are the implications of this latest purge against dissent this is inside story. How and welcome to the program im jonah how saudi arabias crown princes had a controversial rise to power in just 3 years mohamed bin salmond has silenced nearly all voices of dissent at home critics have been jailed or even killed and he appears to be tightening his grip on power even further media reports suggest at least 20 princes officials and Army Officers have been arrested in the kingdoms latest purge they include former crown Prince Mohammed bin nayef here he is on the right after he was removed as to the throne in 2017 but the most high profile arrest is the kings last 4 surviving full brother prince had been up to allows these the royals have been accused of plotting to overthrow the crown prince but the saudi government hasnt officially re