What is normal Economic Activity and recovery look like and i dont think it looks like a of b. Because that wouldnt buy that were going back to the economic role we all lived in at the start of the year but the virus is still going to be with us so opening back up means taking account of that and weighing that in our economic transactions so restaurants working at half capacity or a 3rd capacity whatever customers and entrepreneurs do you say airlines that much less than capacity all of these things dont abide by bouncing back to where we were now i think whats important is that we dont have dumb Government Policies preventing Entrepreneurial Solutions that let us make our recovery as quick as we can and that stick us in how so its somewhere more like a you somewhere in between but thats really got to be for the market process to sort out you know came in that scene that socket that market here you know plight we have now as we speak and i think it was as of today 26000000 people over
Covert 19 pandemic now the focus is on devastated economies were in a recession will it morph into a depression will the recovery be a u. Or an l. Shaped across the uk economic recovery im joined by my guest Benjamin Cowen lubbock he is the director of the Free Market Institute professor of economics at Texas Tech University as well as a senior fellow with the independent institute and in los angeles we cross to blighty and he is an independent economic and geopolitical analyst as well as a former commodities trader all right gentlemen crossed up rules in effect that means you can jump in anytime you want and i was appreciated lets go to los angeles 1st here i said in my introduction i guess probably the most important question there is as we come out of this pandemic and its all going to be. About the economy and its everything were going to think about for the next few months if not years is about recovery so infer a very simple question will it be a v a you or in hell go ahead well
Seem like hyperbolic right why then are we leading our newscast on this night with the suggestion of this potential scenario because 2 World Leaders are coming out and saying that it is what they think could happen and these are leaders who know the region the Asian Pacific both men are all straight and both have held the position of Prime Minister let me take you through it 1st its the former Prime Minister and china scholar there is thats kevin rudd who has just penned an editorial in Foreign Affairs journal where he says the risk of Armed Conflict between the United States and china in the next 3 months. Was especially high. Then as you might expect australias current Prime Minister Scott Morrison was asked to comment on his predecessors statement and surprisingly he basically agreed morrison said that the hot war between the us and china was quote previously inconceivable not considered even possible or likely but not anymore. To australian Prime Ministers one former one present so
Hackett was brought in, he was a board member, previously he had done a great job at steel case the Office Furniture company in michigan and when he came in and he said, look, we are going to transform ford, get it ready for the future for Autonomous Vehicles, for electric vehicles. That hasnt happened ford has been mired in really not being making the move that its needed to make since 2017 they are starting to change that a little bit some of that because of the moves that jim farley has made as coo, he becomes the ceo effective october 1st and the marching orders are pretty clear. Transform this company, get ready for a future with electric vehicles, Autonomous Vehicles at some point, not immediately, but at some point, but, guys, this is the most interesting stat that i can find. If you go back over the last, what, 20 years, 19 years, only one ceo at ford, alan malaly posted a positive gain in ford shares there you see hacketts performance since may of 2017, down 38 , similar to fi
Hello and welcome again to rewind im Richelle Carey and there since Al Jazeera English launched back in 2006 built a huge library of insightful and entertaining documentaries and here on rewind we are revisiting some of the best of them well the most Popular Series over the last decade was street food which traveled the world in search of culture and history of cities old and new so their unique cuisine is just a small taste this is street food and this is a great place. This is street group and this is cairo. Street and that. Viewpoint is one of the best to live in america which makes me an argentinian a little bit jealous. Runs a bar has one of the richest spirits cultures in east africa. Based in st louis. And this is. One of the most interesting things about my repeat is that diversity that more than 42 different ethnic communities living here from all over kenya im with them they all bring unique dishes traditions and flavors. Today were rewinding to 2008 when street food travel t