This is a boom bust the one business show you cant afford to miss. In washington coming up u. S. G. D. P. Close out 2020 at its worst rate since 1046. 00 and shrank by 3. 5 percent and the game stop saga continues as robin hood and other Major Trading partners are stressed in trading as the battle between wall street and small investors continues well explain what this means for future trading with the us pros with 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 y
Tell us one of the worst daily death tolls models a g. P. S. System to try to track infected people a controversial idea we put that up for debate. Like you have g. P. S. Tracking for the 1st time for implementation by the way weve. Got to get back to work now because they could not come back so if we let this continue much longer im worried that were. Storing up lots of problems for ourselves weve got to get out of this quickly and the way to do it is to keep these restrictions going to get people back. Is just turned one of the afternoon this friday january very good day for. The next 30 minutes with the latest from our Side International news that hundreds of thousands of doses of a vaccine to latin america. There is 1st as the region increasingly bets own the russian job for argentina its the 3rd delivery of the russian show with 5000000. 00 doses in total expected by the end of the month bolivias received 20000. 00 doses the u. N. Secretary general saying now that support the very
But there is no concern from doctors that a large turnout could lead to it by immediate action. Us president elect joe biden has introduced his team of Health Experts to combat coronavirus he pledged to bring the pandemic under control with his 1st 3 months in office meanwhile President Donald Trump has signed an executive order to prioritize vaccines for the u. S. Before sending them to other countries it coincides with reports that his administration rejected an earlier offer from fires a to double its order of the medication the worlds 1st fully tested Coronavirus Vaccine is being rolled out in the u. K. 800000 people expected to get the jab in the coming weeks with the elderly and Health Workers 1st in line. The United Arab Emirates and egypt have praised new initiatives to end the 3 year blockade of qatar both countries say they appreciate efforts by kuwait and the u. S. After saudi arabia announced progress had been made foreign minister has repeated calls for dialogue to resolve
Confirmed friday. Osaka has signaled its entering a local state of emergency due to the strain on the medical system. Authorities there are calling on people to avoid all nonessential outings until december 15th. Translator the number of people in serious condition will not decrease unless the number of infections falls. We need to practice selfrestraint in the shortterm to save lives. The governor of neighboring kyoto prefecture is urging people to refrain from traveling to osaka as much as possible. The death toll continues to rise in japan. Over the past three days, more than 30 people a day have died. In the week up to thursday, a total of 196 people died. Translator basically, the difference between the virus that spread in july and the virus that is spreading now is not large. I think december and january are really crucial times. Japan recorded over 1,800 infections on friday, bringing the overall tally to more than 158,500. Over 2,300 people have died. Prime minister suga i sho
The modern world. What i found even more telling was how things are invented. How invention itself is encouraged and nurtured. At least how it has been encouraged and nurtured in this country in the past. Its easy to say, as i do in my book, that we are a nation of tinkerers. We americans like to think of ourselves as natural adventurers, risktakers, entrepreneurs. But what does that mean exactly. . I am a believer in american exceptionalism. But as marines like to say, it has to be earned, never given. How did we earn it . How did we do what we did and . And how could we get back to doing it right . As the first nation to exist wholly in the modern age, United States has also insisted when timeed wholly in that making things when we were extracting them from the earth. We invented almost everything about america. We have constantly reinvented almost everything as we deemed it necessary, including our institutions, our customs, our laws. Above all, our definition of who is american and