Officials in india are looking for more than a 1000 people who attended an event that may have exposed them to covered 19. And as a german city makes people west surgical masks in public we examine just how effective this strategy is. The head of the International Olympic Committee Says next to his games in you will be a light at the end of the total and we get our 1st look at the breathing aids patients being developed with the help of formula one engine is. Now spain has recorded its west single day death toll so far with 849 fatalities just in the past 24 hours its now the 4th day that the countrys announced the deaths of more than 800. 00 people this brings the total to more than 8100. 00 spain is the 2nd last hit country in europe off to italy. Joins me from the spanish capital madrid looking at these new figures and i know we speak every day about the trajectory of this but is there any kind of a sense of where the peak might actually be in spain. Well in the session we were serv
Lawmakers push for a cross party rescue deal to save the economy as the pandemic leaves markets dealing with their worst week since the 2008 financial crisis. To. A warm welcome as r. T. International with the biggest stories of the past 7 days on the karen good to have you with us 1st to croatia earlier today a 5. 3 magnitude earthquake and 2 aftershocks that struck north of the captain saw group know a local media say that a 15 year old who was found in the rubble of a building is critical in hospital several other people are reported to have been hurt. About it was the moment the 1st tremors kicked in apparently caught by c. C. T. V. Inside a shop the streets across the city are littered with daybreak and theres. In significant damage to several buildings quake is reported to be the strongest in the region in the past 140 years among the damage the top of one of the spy is on the citys iconic cathedral collapsed there are also Power Outages and problems with Water Supplies in some a
Prices keep going on as demand from investors to buy Financial Assets but there isnt enough them on from businesses to invest in innovation in Capital Investment paying pacing of waiting is a group think they think that entrepreneurs Small Businesses big corporations they will be investing thinking its all about the private sector and theyll do it yeah i think it is about to do that i think the theory of quantitative easing is basically that if the central bank by the safe assets the government bonds some of the Corporate Bonds that are held by Institutional Investors the Institutional Investors will then bible and slightly risky of bones from the real economy from medium sized and those firms will then use that money to invest in Capital Investment productive activity in reality where there isnt enough demand in the economy and what youve seen is those investors just buying other types of Financial Assets buying up really. State in Capital Cities around the world which is why people g
Financial assets buying up real estate in Capital Cities around the world which is. Flat exactly which is why you know young people cant buy our flats anymore just in london us and european cities as well increasingly this is the religious this great faith because the economists about that is the private sector so part of it i think is a lack of confidence in the potential of the state in the potential of government to actually do useful stuff to actually direct the economy in a way that is socially desirable you know what we need is a kind of Green New Deal approach for example where we look to create decent well paid jobs in the sectors where we actually really need new job say let me get a Little Energy because if the data shows i think you. Weve had since the thirtys all moods it has been. The state hasnt really the best of the evidence suggests actually when Central Banks and ministries of finance collaborate and coordinate their activities the government says were going to do thi
Now are the roots to be found in postings because. I know youve been writing about the fact that we keep emphasizing Household Spending rather than innovation and progress and the money supply may not be the most important thing here it may be money allocation as someone from the Chinese Communist but anyway yes i think that is exactly the problem there isnt really a supply story problem theres a demand side problem the demand is coming from speculative speculative type demand so theres lots of demand from households to get mortgages to buy houses house prices keep going on as demand from investors to buy Financial Assets but there isnt enough them on from businesses to invest in innovation in Capital Investment paying my wages group think they think that entrepreneurs Small Businesses big corporations they will be investing. Its all about the private sector a little do it yeah i think it is about to do that i think the theory of quantitative easing is basically that if the central ban