This is counting the cost on aljazeera your look at the world of business and economics this week as Oil Prices Slump economies shrink and austerity kicks in is this the end of the middle east oil rush also this week south africas unemployment hit a record high before the pandemic whats gone wrong for an economy that emerged from the 2008 financial crisis in a strong position. When you try to reinvent the wheel but turns out you may simply be the Worlds Largest taxi firm is this the end of the gig economy into fights and labor laws and courts around the world. The world economies are moving away from fossil fuels right now being an Oil Producing nation is a tricky proposition burning through money set aside for a rainy day and borrowing money from International Investors to make sure you can pay your bills its also a time many Big Oil Companies are thinking about leaving more oil in the ground many countries have failed to wean themselves off Oil Struggling to diversify their economies
Welcome back to the aspen security forum. I am director of the aspen shot a geo group. I should say good morning to the Prime Minister of australia. It is a real honor for us to welcome scott morrison, the Prime Minister of our great ally australia. In his two years of Prime Minister he has heard the country through several crises, the wildfires. The covid19 crisis where australia has an impressive record, and Foreign Policy the Prime Minister led a research and of australias insolent in the south pacific. Australia was the first government to exclude huawei from its 5g network. Australia is currently undergoing, as are many other countries in the world, a challenge in china. States, indiad and japan, and others. Prime minister, i have the Great Fortune to spend three weeks and australia. I had worked for the government in the past and was very impressed by the depths of everything we are doing together. You will be interviewed by margaret brennan. She is moderator of the pbs show face
Its up about 0. 3 today the dow as we said up over 1 at session highs. The sara crazy to see the s p 500 just wiping out all the pandemic losses the todays show, clorox is a standout winner. Up more than 50 so far this year people stock up on cleaning supplies but can the company keep up with the huge demand for wipes and disinfectants . Were going to talk to the ceo plus, well talk renovations, Small Businesses and more with the ceo of Angie Home Services of that company reporting earnings after the bell. Along with iac, tilray and many more names lets focus in on the big stories that were watching in this final hour of trade mike santoli tracking todays market action. We have the latest on the increasingly complicated stimulus discussion in washington and kate rogers has the details on a scandal involving former mcdonalds ceo steve east easterbrook. Mike, start us off with the Broader Market and the gap were seeing. This is a good illustration of how a broadening out of the market be
Director of the aspen strategy group. I should say good morning to the Prime Minister of australia. And to everybody in australia. It is a real honor for us to welcome scott morrison, the Prime Minister of our great ally australia. He leads one of the strongest and most impressive allies of the United States and arguably in arguably the most important region of the world, the indo pacific. In his two years of Prime Minister he has heard the , country through several crises, the wildfires of last autumn, the covid19 crisis where australia has an , impressive record. In Foreign Policy the Prime Minister led a research and of australias influence in the south pacific. Australia was the first government to exclude huawei from its 5g network. Australia is currently undergoing, as are many other countries in the world, a challenge from china on many fronts. With the United States, india and japan, and others. Prime minister, i have the Great Fortune to spend three weeks and australia. Id wor
Residential areas. Rising temperatures water shortages lens clearance theres an abundance of flammable material once again i did theres no stopping the fires. Hes only going against the global concentration the world on fire starts august 12th on g. W. For decades now israelis and palestinians have been locked in an ongoing dispute over a few 1000 square kilometers of land the west bank sandwiched in between israel and jordan ever more jewish settlers are moving here some of them from germany like. She lives in a short. Because thats me i see no problem with our living here its a matter of how we live. Scientologists are circular and to many palestinians provocation. The hard part she claims direct contact is the only real path to peace. High a town was born in some petersburg in 1991 and grow up in cologne at age 19 she emigrated to israel shes been living in a jewish settlement in the west bank since 2014 the couple this is and what is it thats like they saw the chain symbolizes the