The pandemic. The struggling videoGame Retailer is court up in a battle between small time investors trying to save the firm and wall street giants betting on its collapse. Very warm welcome you watching r. T. International with mean akey airing of the European Union has announced its imposing export controls on coronaviruses vaccines made in member states. Over supply shortages brussels has also just given the green light to the drug at the heart of the dispute made by british astra zeneca r. T. Is that solid dubinsky has the details. European union has confirmed that its taking this extraordinary step of introducing export controls all it could be vaccines this means that any vaccine that is manufactured within the block thats the 27. 00 at countries will not be able to be exported outside of the block now this comes amidst a huge drought thats been blowing up of the last few days over that delivery shortfalls of the dose of this negotiation concerns to the transport and sea and expo
What is described in the west as a russian invasion of crimea is a fact the presence of russian soldiers in crimea can you clarify that. They were could do would have barely spoken of a quote but the most of the most go full of the below. As long ago as 1804 sevastopol the naval base became the main military port of the russian empire on the black sea. During the 2nd world war the heroic defense of sevastopol lasted almost a year and took hundreds of thousands of lives. Therefore the naval base in crimea has a legacy of historical pride for the Russian Black Sea fleet as well as being of huge strategic importance. Those of us alive back then remember when there were soviet missiles put into cuba how frightened americans were and how angry and how we almost went to a Nuclear Confrontation over having weapons of that kind of destruction placed that close to the United States. Just so if the United States considers cuba to be in its backyard. Then crimea lays at russias doorstep. The cons
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
Nasdaq. Now, here are the negative for stocks today. Dr. Fauci suggesting a lockdown christmas. Why . With all the traveling and celebrating we did over thanksgiving, its expected to produce a new round of infections that will in turn require a new round of restrictions. Well have more on this throughout the show. I get the impression were being treated like children, punished for celebrating our national holiday, but dont get me started. One more item. The biden team takes shape, very similar to the Obama Biden Team that left Washington Four years ago. Neera tanden could go to the budget office, Jared Bernstein expected to become a president ial adviser, he was Vice President bidens chief economist, and back to the future . Sure looks like it, doesnt it . On the show today, the priceline ceo offering deals to get people back to travel. The waffle house ceo, hes pounding the table, keep dining rooms open, hes pleading. And mrs. Fields cookies, their ceo somehow has to replace the reven
Use authorization its covid19 vaccine. You can see pfizer punching up about 1. 7 at the moment. Remember that were looking at a comeback perhaps late in the day, in the next 59 minutes, because that is the dow had fallen 430 points, now we are down just 116. Any gain for the s p, the russell or the transports means another record. Were not there yet right now. The nasdaq up 9 points. Fed chair Jerome Powell also giving markets a boost by calling on congress to get moving, already, on a new stimulus package. Former chair of the council of economic advisers under george w. Bush and now Columbia Business School emeritus dean, Glenn Hubbard is here on whether we need it, how big it should be and how worried he is about the precarious recovery. The ceos of facebook and twitter forced to run the Senate Judiciary committee gauntlet on capitol hill once again. One senator equating the social media sensations as quote, modern day robber barons. The ceo of whats being called the antifacebook is