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
See the European Union has spent hundreds of millions of euros in advance even before approval from the European Medicines Agency so that a vaccine can be produced so the moment it is approved it is there to be vaccinators so but thats also part of the problem astras is supplying vaccine to the United Kingdom isnt it. Exactly and the argument of the European Commission is that stress anika is a close call company that is producing not only in the e. U. But also in the u. K. Also in india and that supply chain problems must then affect all those countries that are buying vaccines and europe is the biggest customer and it cant be that its just europe that is carrying the burden just because the supply chain problem appears to be in a belgian factory but both are strong and the e. U. Have said its states in the contract that they respectively were right and now the redacted version of the contract that you have in front of you still doesnt shed any light on the core issues here why do you
Will try to use the system to shut you out yeah shut you out is exactly that was what we were seeing happening on thursday as you saw this whole you know monday through wednesday of last week as well like you know that stock just skyrocketing because theyre buying and buying and buying would just call the short sellers to be like oh my gosh i was broken with you know basically what was interesting with that is that thats when you know trading like robin hood t. D. Ameritrade Charles Schwab and others started restricting users from being able to actually buy game stop stock and other stocks that also were being looked at as short sells that the you know other groups driving up the price of what you see and things like that its pretty incredible robin who claim this was due to recent volatility in the market over listen to this submission. Of the week and many posters on wall street pointed out that quote one hedge fund suffering amid the game stop surge was Melvin Capital Management whi
The left today because as i said in my introduction its moved very far away from that go ahead. Well the traditional definition of course is that the left is in favor of progress and the right seems in favor of reaction no conservation and more generally i think the left is in favor of universal values wheres the right is more interested in particular values but theres no doubt that what you say in your introduction is absolutely right the left is changed a lot previous nate used to be interested in much more concrete things like. You know incomes and faction conditions and Living Conditions and health and things like that and one gets the impression in fact its more than impression im absolutely convinced that the left is instead now transmogrified into something completely different it has been completely consumed now certainly in europe and in north america by its highly metropolitan very fashionable internationalist. Elements which are the reasons why its more interested now in the
Vaccine for use by all adults in the 27 country block the u. Has also agreed to control exports of that scenes from the blog arguing it needed to do so to ensure its own supply lines follows a growing dispute between the e. U. And the company about a supply shortage its a real pleasure to be here and to announce the carriage positive opinion for the authorize ation of the astra zeneca covert 19 vaccine this expand the range of Vaccines Available to you and a Member States which will all help to bring the pandemic under control and protect the citizens of the e. U. We now have 3 vaccines that have been developed and recommended for purple approval against a disease that we did not know one year ago. Drug from johnson and johnson is expected to apply for merges use authorization for its vaccine in the United States next week it says its single dose japp appears to be at least 66 percent effective in preventing cave 19 the dutch court of appeals has ruled that Oil Giant Shell must pay com