But as you see when i arrived here i slept with 6 people in a room. It was hard i was fair. I even got white hair and. Language not on this keeps me in critical but you need to interact with thing you want to do their story my goods are fighting and reliable information for margaret. Chinas annual congress skips the usual broke park prognosis perhaps because times are tough more chinese are out of work and looking for help. Also on the show argentina cant pay its bills when its at its defaults on its sovereign debt for the 9th time and not just because of the pandemic. And will visit uganda where the government is floating a new pandemic rolls they could put secondhand clothing sellers out of business. This is ready to view Business Report and see if theres a bill and its good to have you with us beijing kicked off its annual National Peoples congress on friday a rubberstamp parliament that was delayed this year to the pandemic a Party Members didnt waste time taking up a draft law to
Competition driver marketing numbers atmosphere thats hot and childish hates money millionaires the fans crimes by us and in fact. Because we put. To golf on you tube joining us. Chinas annual congress skips the usual broke prognosis perhaps because times are tough or chinese are out of work and looking for help. Also on the show argentina cant pay its bills what does that is default on its sovereign debt for the 9th time not just because of the pandemic. And well visit uganda where the government is floating a new pandemic rules that could put secondhand clothing sellers out of business. This is your Business Report im steve beers in berlin its good to have you with us beijing kicked off its annual National Peoples congress on friday a rubberstamp parliament that was delayed this year due to the pandemic the Party Members didnt waste time taking up a draft law to intervene directly in hong kong one thing they didnt do make a growth prognosis for next year perhaps because the economy i
Plans to their state as soon as today. Preparing for one possible second wave. What one ceo says hes getting ready and doing. You are watching on this wednesday, may 27, 2020 on cnbc. Good morning welcome from wherever in the world you may be watching. Im Brian Sullivan thank you for starting or ending your day with us on cnbc it is turning out to be quite the holiday shortened trading week futures are up again right now session highs. Nasdaq also up about a percentage level about the same. Dow futures have been gaining ground since opening up in the red following yesterdays big stocks move higher squarely focused on two things number one, the hope around the vaccine and the optimism around the rebound as more move forward with their opening plans d. C. Targeting next week, parts of long island opening today. Sooner than many had expected given earlier concerns the case of new growth rates and hospitalizations have come way down even those who get sick tend to ride it out and recover.
By this because heres what were learning today today new report fresh off the press right so grocery prices are increasing and i mean in a big way theyre showing their biggest monthly increase in nearly 50 years last month this is according to the bureau of labor statistics in the United States government biggest jump meat and eggs youre now paying 4. 3 percent more for meat megs all in one month by the way imagine how much higher it could still get by the way you going to be paying 1. 5 percent more for fruit and vegetables and 2. 9 percent more for cereals and brats just on average you want to talk jobs lets talk jobs new study there too this comes out of Stanford University it says that of all the people who have lost their jobs in the United States so far 60 percent of those are going to get their jobs back conversely 40 percent are not going to get their. Jobs back thats a big nut right now this is based on whats happened historically during recessions and its about a month long s
By this because heres what were learning today today new report fresh off the press right so grocery prices are increasing and i mean in a big way theyre showing their biggest monthly increase in nearly 50 years last month this is according to the bureau of labor statistics in the United States government biggest jump meat and eggs youre now paying 4. 3 percent more for meat megs all in one month by the way imagine how much higher it could still get by the way you going to be paying 1. 5 percent more for fruit and vegetables and 2. 9 percent more for cereals and breads just on average you want to talk jobs lets talk jobs new study there too this comes out of Stanford University it says that of all the people who have lost their jobs in the United States so far 60 percent of those are going to get their jobs back conversely 40 percent are not going to get their jobs back. Thats a big nut right now this is based on whats happened historically during recessions and its about a month long