Lets say business incredible india was always the marketing slogan in this case an incredibly woeful performance and record slump for indias economy 24 percent drop in the 2nd quarter much much worse than full cost the same story playing out around the world strict lockdowns to contain the growth the driven down spending but things were looking good for india before the crisis it was the worlds Fastest Growing bigger economy until a few years ago alice to predict 1st year decline this is 1900. Is executive director an asia pacific chief economist at i. H. S. Market just how bad was the economy before the crisis hit. The Indian Economy had been moderating over the last 18 months momentum had slowed considerably but it was still growing at a positive pace so what has happened since the pandemic really escalated in india is that the government put in very severe low measures. Many other countries have done all around the world and as a result of the severe lock down Industrial Production
President trump is headed to battle creek, michigan, where he will host a campaign rally. An opportunity for the president to give his critique and assessment of that impeachment vote. Herd he already gave critique yesterday in a letter to nancy pelosi. What is the reaction on capitol hill to the president going after the speaker strongly . Erik to be candid kevin to be candid, it is business as usual. Both camps are docked in. I had one senior are dug in. I had one senior aide say we started this process with the expectation Speaker Pelosi would impeach the president by the end of the year and he would be acquitted in the senate. So far, that is where we are. Thanks to Kevin Cirilli reporting from the white house. We turn to Brooke Sutherland topping about fedex. Last june you said they fell out of a basement window. Brooke it has not gotten any better. It is the same old story. I think what his head scratching for investors is how have they not figured it out. They are still grapplin
Over creators the ability to determine whether or not they can pay their rent but also just access to the news in the 1st place at this point whether youre on the left or the right or wherever you pretty much have to use these platforms and thats not necessarily best for american journalism but he also identifies large corporations and wealthy individuals who are buying up Media Outlets around the country owning more and more. You know theyve changed the rules in terms of how many different outlets you can own in a particular area and all of this is happening at the same time that more and more communities are losing their small newspapers or more independent local news as well Something Like 1400 communities in the past 2 years of lost a newspaper thousands of journalists have lost tens of thousands in the past couple of decades some like 3800 journalists lost their jobs in the last year and you cant lose 3800 journalists without losing Something Else something probably important to d
Of decades some like 3800 journalists lost their jobs in the last year and you cant lose 3800 journalists without losing Something Else something probably important to democracy and so im glad that he has a solution that he has set of solutions and also i think its savvy because you know whether youre a natural Bernie Sanders supporter or a hard core maga head you have issues with the media and you should have issues with the media because the media has a lot of issues so lets get into some of the details i was really surprised to hear you just say that youre actually in favor of breaking up these Big Companies i assume youre talking about Facebook Google im talking about you know big tech generally ok roles so much of the flow of information and i think theyre playing unfairly they want to have their cake and eat it too weve seen this senator cruz has brought this up a lot the distinction between being a tech platform and a publisher of content which curates the content wont let certa
With the media because the media has a lot of issues so lets get into some of the details i was really surprised to hear you just say that youre actually in favor of breaking up these Big Companies i assume youre talking about Facebook Google im talking about big tech generally ok roles so much of the flow of information and i think theyre playing unfairly they want to have their cake and eat it too weve seen this senator cruz has brought this up a lot the distinction between being a tech platform and a publisher of content which curates the content wont let certain people publish certain things and there are certain Legal Protections if youre only going to be a tech platform and youre there certain liabilities if youre to be a publisher like any of us big tech wants to have their cake and eat it too they should not be allowed to do that they are gaming the system and we need to stop that so how do we stop it if were not going to appoint some sort of Law Enforcement or independent agen