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Transcripts For RT Boom Bust 20240712

This is boom bust the one business show you cant afford to miss in washington coming up lawmakers in the u. S. Are preparing a fresh round of hope and i think relief as the economy faces the greatest challenge in decades straight ahead were going to take a look at the state of stimulus talks and how the nation stacks up against others and later well break down the economic toll the pandemic has caused on businesses as the u. S. Has seen record at retail closures with a packed show today so lets dive right in. And we lead the program here in the United States is House Democrats have released a 2. 00 trillion dollar coronavirus alif package which they claim would restore 600. 00 weekly jobless benefits and provide another round of stimulus checks to. Most americans now the plan released monday evening is a last ditch effort to revive stalled stimulus talks with the white house Many Republican and democratic lawmakers have pushed for another round of economic stimulus for months but have

Transcripts For RT Boom Bust 20240712

Stimulus for months but have remained far apart on the amount necessary to combat the pandemic so lets waste no time and bring in towson investigative journalist ben swan and tobin smith c. E. O. Of transforming research to discuss thank you both for being here ben i want to get right to you here since lawmakers from both sides have been saying for months that another round of stimulus is needed why are they so far apart on the details. Or is the cost of this whole thing i mean democrats of come down a little bit this latest you know bill that they put forth about 2. 00 trillion dollars thats about a trillion dollars less than where they had been so there are some compromise there hard to believe that 2. 4 trillion is a compromise but lets take a look at some of the things they want to do here because obviously this includes as you said a new round of 600. 00 stimulus checks but on top of those that new out of 600. 00 stimulus checks comes another round of 1200. 00 stimulus checks for

Transcripts For RT News 20240712

2020 hopefuls donald trump joe biden descends into name calling and rude interruptions. From whats been described as a messy and chaotic president ial debate later in our program. Live from moscow thanks for joining us tonight and. Welcome to the program. The u. N. Security council has called for an immediate cessation of hostilities between armenia and azerbaijan fighting between the 2 sides is into its 4th day now as the bridge where its once again vying for control over the disputed border region. And also you crews on the ground there and filmed this exclusive video it shows the wreckage of a drone shot by the army an army is the only media outlet that are allowed to enter the conflict zone our correspondent sent this report film with a night vision camera. Right now were between the positions of the Armenian Army which is over there and the as they are by joining forces which are stationed right over this hill and here is the debris of a massive unmanned drone that was shot down b

Transcripts For RT Boom Bust 20240712

A 2. 00 trillion dollar coronavirus alif package which they claim would restore 600. 00 weekly jobless benefits and provide another round of stimulus checks to most americans now the plan released monday evening is a last ditch effort to revive stalled stimulus talks with the white house Many Republican and democratic lawmakers have pushed for another round of economic stimulus for months but have remained far apart on the amount necessary to combat the pandemic so lets waste no time and bring in towson investigative journalist ben swan and tobin smith c. E. O. Of transforming research to discuss thank you both for being here ben i want to get right to you here since lawmakers from both sides have been saying for months that another round of stimulus is needed why are they so far apart on the details. Is the cost of this whole thing i mean democrats have come down a little bit this latest you know bill that they put forward about 2. 00 trillion dollars that. About a trillion dollars le

Transcripts For CNBC Fast Money 20240712

After the election we start off with the stimulus shocker that sank stocks melissa, the president announced this on twitter saying that he had made a generous offer, but that House Speaker nancy pelosi was not negotiating in good faith. He wrote trump had a call with the treasury secretary and the Top Republicans in the house and senate to talk about another relief package mnuchin and pelosi were to get on the phone to hash out a deal, but clearly that has been upended. Pelosi was in the middle of a call with her caucus when it came out i am told that privately she responded by questioning the president S Mental Health and suggested that it may be impairing his thinking what she said was melissa, pelosi and ma knnuchind a phone call at 3 30 was there any indication she what give in i dont think she was willing to do that a shocker out of d. C. This afternoon. That had an Immediate Impact on stocks which saw stocks immediately reversed i think brian was the only guy on the desk who said

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