Christiane and ben next have a lot to get to so lets get started. Heres a headline that will surprise no one in 2020 the u. S. Economy had its worst performance in 74 years since the end of world war 2 it contracted 3. 5 percent now this was of course because of the coronavirus lockdowns and the impact of the worldwide pandemic so whats in store for 2021 especially in an economy that remains so uncertain joining me now to discuss this and more. On it chrystia i ben lets start with you can you give us a rundown of how the economy did or didnt perform in 2020. Yeah i mean as you said in the beginning here its really no surprise to anybody the economy did not do well contract at 3. 5 percent as you said the worst its done since 1946 so its been a long time since the economys contracted that much in a single year and that came off of the 2. 2 percent growth that we saw the year before in 1900 the bottom line here is this is basically every sector was down because of the coronavirus with th
Agents about talking to the russian ambassador. The Trump Administration is considering a move that could boost travel. Several agencies are urging the injuryouse to lift an ban on nonu. S. Citizens that was put in place to slow the spread of coronavirus. The band has caused big losses for airlines and the transatlantic markets. In germany, a partial lockdown has been extended for three weeks to just before christmas. Chancellor merkel is trying to gain control of the latest coronavirus resurgent. There are tighter limits on private gatherings, but german schools in most businesses will remain open. Franceng the u. K. Is accusing the u. K. Of dragging its feet over brexit. The French Foreign minister says the outcome on a new trade deal is highly uncertain. Negotiations are to resume in london. The u. K. Is set to leave the European Union at the end of the year. Whether there is a trade agreement or not. Global news 24 hours a day, on air and at bloomberg quicktake, powered by more tha
This is a boom bust the one business show you cant afford to miss. In washington coming up u. S. G. D. P. Close out 2020 at its worst rate since 1046. 00 and shrank by 3. 5 percent and the game stop saga continues as robin hood and other Major Trading partners are stressed in trading as the battle between wall street and small investors continues well explain what this means for future trading with the us pros with christiane and ben next have a lot to get to so lets get started. Heres a headline that will surprise no one in 2020 the u. S. Economy had its worst performance in 74 years since the end of world war 2 it contracted 3. 5 percent now this was of course because of the coronavirus lockdowns and the impact of the worldwide pandemic so whats in store for 2021 especially in an economy that remains so uncertain joining me now to discuss this and more. On it chrystia i ben lets start with you can you give us a rundown of how the economy did or didnt perform in 2020. Yeah i mean as y
So were going to be reducing our forces in germany some will be coming home and some will be going to other places as ever we cant say what the plans are with a vague system told i had to train my important during the next couple. Earthshaking changes to why i think we have 3 new American Leadership the future is going back to head of the table but of course the u. S. Presence in germany is the sort of old lethal and let him go back were going to back in do you. Also on the day its crunch time again and post press that negotiations between britain and the European Union this weekend could be crucial oh not we had expected. A fast process of negotiation its the 1st time we thought that we would we will have a clear day which for the end of the decision we will see what will happen in the next. Welcome to the day we start in the u. S. Where lawmakers in congress are preparing to block President Trumps order to withdraw u. S. Troops from germany in july the pentagon announced it would pul
A school in northern nigeria. A dramatic pledges as well leaders marks the 5th anniversary of the power of the court but will they be enough to prevent a climate catastrophe. Im going to guess rosco with the sport as anthony just sure retains his world heavyweight titles by knocking out challenger. But we begin this news hour with a look at the global race for a Coronavirus Vaccine 3 western candidates are getting much attention they made by madonna and astra zeneca and also be reported to be close to approval a vaccine developed by us from fires and germanys biotech has already been okayed by some countries the 1st patients got jobs in the u. K. On shoes and vaccinations may begin in the u. S. On monday well russia began administering its sputnik vaccine several weeks ago now but many governments are wearing as moscow has said little days on us 3 chinese vaccines. Also reported to have received approvals one of them is being used in the u. A. E. But its uncertain just how widely these