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Transcripts For CSPAN2 Hearing On Coronavirus Pandemic Access To Financial Services For 20240712

Chambers testify about their concerns. From february until april of 2020. But the closure rates for minority owned businesses are significantly higher with 41 of blackowned businesses, 32 of latino acts owned businesses and 22 of asian businesses. They closed over the same time frame. Now, in april of this year the federal return bank of new york reported that minority and women owned businesses are significantly more likely to show signs of limited Financial Health and are twice as likely to be classified as at risk for distress then nonminorities Small Businesses. Further, companies are three times likely as healthy businesses to close because of [inaudible]. The pcp program established under the cares act and administered by the Small Business administration and treasury as funding lifeline for distressed businesses responding to the culminating pandemic. What recent analysis by the color of change and the u no space United States found only one in ten African American and late lati

Transcripts For RT News 20240712

Exactly one week ago it comes a day after the countrys government collapsed when the gavel cabinet quit i mean huge pressure from protesters. There watching our to international bring you your live news update from our studio here in moscow welcome to the program. The unrest triggered by the weekends disputed president ial election in belarus is expected to spill into a 3rd night police have already cordoned off public squares in the capital minsk and several people have reportedly been detained as follows 2 days of increasingly violent clashes between protesters and police that led to thousands of arrests and one person killed earlier today people could be seen bring flowers to the location where the demonstrate that lost his life. During the protests in minsk. No reporters were detained while covering the clashes earlier the bell russian authorities released several russian journalists were taken to the Russian Embassy and driven by car to moscow one of the reporters stimmung pair of

Transcripts For RT In Question 20240712

Is confirming today that its going to be testing a mobile app for storing and exchanging the on not as a paper entity by the way but rather as a digital entity like for example. The world learned about this when this screenshot appeared on social media take a look at that right there see it you can see there from the image that this appears to be sort of a Marketing Tool to get citizens chinese citizens comfortable with the idea of using and trusting Digital Currency now its important to mention that china is stressing that this really is quote only a test but is it and if it isnt why are they so i head of the game at this point forbes right forbes one of the worlds leading business periodicals is warning the white house right now that. Up and ministration not to continue its present course of banning and attacking cryptocurrency in fact let me show you this recent headline from forbes it says quote why try should unveil a us answer to big coin to rival chinas digital one should the wh

Transcripts For RT In Question 20240712

Live from the World Headquarters of the r t america our Nations Capital this is the news with rick sanchez. Im rick sanchez and i want to welcome all of you were watching us from all over the world im quoting those of you who are watching on your mobile phones using the portable t. V. Up it may very well be that while the rest of the world especially the United States snoozes china is moving along with its plans to create the future of money and what is the future of money what is china doing that we here in america for example are not well get this is now testing a new Digital Currency so here is what we know Chinas Central Bank is confirming today that its going to be testing a mobile app for storing and exchanging the on not as a paper entity by the way but rather as a digital like for example. The world learned about this when this screenshot appeared on social media take a look at that right there see it you can see there from the image that this appears to be sort of a Marketing

Transcripts For RT In Question 20240712

Is confirming today that its going to be testing a mobile app for storing and exchanging the war on not as a paper entity by the way but rather as a digital like for example. The world learned about this when this screenshot appeared on social media take a look at that right there see it you can see there from the image that this appears to be sort of a Marketing Tool to get citizens chinese citizens comfortable with the idea of using and trusting Digital Currency now its important to mention that china is stressing that this really is quote only a test but is it and if it isnt why are they so ahead of the game at this point force right forbes one of the worlds leading business periodicals is warning the white house right now the trepan ministration not to continue its present course of banning and attacking cryptocurrency in fact let me show you this recent headline from forbes it says quote why try should unveil a u. S. Answer to bitcoin to rival chinas digital one should the white h

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