With debt service and costs that are higher than profits such a fundamentally important char american corporations are increasingly doing business only as a side possible to their real purpose which is transferring cast from lenders to looters remember the lenders are you know that all of those bonds thats being transferred to the Zombie Companies and theyre looting well you know this goes back to something weve been saying for a number of years now that corporations only really have a profit in terms of what they can engineer on their cash desks as theyre called right so you have like a Car Companies in america they start making money making cars they made money leasing cars and then taking the income from those leases and building derivative portfolios and ponzi schemes and then the executives of buy back their own stock and then the options go up in value and they all become billionaires somehow magically not knowing why even though their Car Companies were losing money and losing m
Announcement that the Global Economic downturn due to the corona virus pandemic will be worse than initial estimates so compared to the april 1 of the Economic Outlook we are projecting a deeper downtown in 2020 and a c. E. O. At a company in 2021 to growth to 2020 is projected at minus 4 point one percent which is 1 point one percent points below our april focused now this reflects the fact that in the 1st half economic outcomes came in somewhat worse than we had anticipated and because there is no medical suit you should we are expecting social distancing to persist for more for a long time into the 2nd half. And downgrading the growth for crest for 2021 the i. M. F. Expects a growth rate of 5. 4 percent instead of earlier estimates of 5. 8 percent the fund is predicting an 8 percent contraction in the United States in 2020 while the eurozone economy will decline by 10. 2 percent brazil will take a 9 point one percent hit with the economy of mexico shrinking by as much as 10. 5 perce
A healthy confrontation with the past but an attempt to eradicate history altogether today were talking to professor tom device and scotlands leading historian to ask how the nation should confront the c. B. L. Sides of his own history and how the Mainstream Media been covering this controversial issue we asked professor Jordan Robertson costs us get to go lie over much of the plotting all of this coming up later in the show but 1st the glass going to smita with your tweet your emails and your messages. Thank you alex last week sure focused on the impact of corbett 19 on black asian and minority ethnic communities where we spoke with dr managed to lottie who lost his father to coronavirus pierre byron this month and 100 year old fundraiser charging louisa says i live in africa and the numbers getting covered 1000. 00 are exceptionally low we have less than 200. 00 deaths in kenya under less says how is it any governments fault that some people are more susceptible to corporate 19 than
A post in your spew. Is just more. He has searched for lost soldiers for more than 30 years he started on his own but then began to involve School Students now his organization is one of the largest in russia get a little what she did is that a bit of experience and get a little whats the word to them wasnt it. This is so about almost you. See. What that is for you there is so near to them you just focus. On the better. Thats all that is this is just so new doma he said of the new. Film. But wrote it if the culture of the church which. Would you like you im told up by you should really good. Will go smoothly when you get from number. One youre just a look around be no more scores no need to hold your thought. It would. Make work easier. By may do them well you. Know what the bible should. Expect youll see only peter us love. Not constantine but done off and his crew hunted down sunken submarines. 24 soviet submarines were lost in the baltic sea alone. Was a pos was one of the best know
National. Did everybody you know very well but these are. Oh this has happened here will russia be a favorite. Now because there. Is really pretty good at least to say that you are the 1st government minister to come toward t. After quarantine so thats why were grateful and welcome again lets get going im honored thank you so much for an invitation its great to be here but i do have to say that you flew into the russian capital. At a time when still every day there was 1000. 00 plus new cases in moscow. But in hungary theres only a total of 4000. 00 a bit more than that arent you worried and is it really time already to go back to business as you. Usually when it comes to diplomatic trips look i never stopped basically i didnt stop during the crisis at all if i had to travel abroad for example for humanitarian reasons bringing mosques or protective clothes for our friends in the vegetable canes or somebody else trouble trouble i take care about the hygienic prescriptions and obligation