Going to happen then kristie. Well this one to be really interesting because after world war 2 we had a massive growth and that was predominantly. Done by the u. S. And also with china we relied a lot on the trade between like us and china in order to revive growth in order to boost a lot of that post the world war 2 in order to prevent this massive recession in order to get us out of the deficit but the problem is right now the entire world has kind of plateaued in this because theres no country that is currently in this v. Shaped recovery that every single economists predicted and theres absolutely very little chance that theres going to be a vaccine ready by the end of this year as many people have been optimistically hoping for so in that vein there is going to be a lot of heavy reliance on the u. S. As the global g. D. P. Power in order to try to in order to try to spur on additional growth but and right now with the conflict between us and china its going to be very detrimental b
Epidemic your my father should have been met would have meant to help special and i have big old industry he did not deserve big was treated like an animal a local media have shared on internal Police Report in which the officers actions were described as appropriate and consistent with their training however the mayor of rochester ny on stone thursday about the policemen involved in the death of daniel proved have been suspended i am suspending the officers in question today what i saw in that video. Was a man who needed help. A man who needed compassion a man who needed humanity. A man who we should have been suspected. A man who was in crisis. Our response to him. Was wrong. Next on our to International Week of Business News squeezed into less than 25 minutes your recap starts right after the shortest break season. I. This is boom bust the one business show you cant afford to miss branch of boring washington coming up jobless claims in the United States have fallen to their lowest p
For many people to get through the crisis and an upswing will happen faster now than otherwise would have been the case the European Union has struck a deal on a 2 trillion dollar budget which includes Coronavirus Relief after some heated talks over the weekend straight ahead we analyzed the specifics and the state of affairs in the block and the u. S. Had its smallest single day increase in covert 19 cases in more than a week well take a look at the spread of the virus throughout the globe plus its another big week for earnings on wall street as lawmakers also are negotiating the next round of provirus stimulus well break down what this is doing to markets with a packed show today so lets dive right in. And after almost 5 days of fighting insults and battles between European Union leaders and the has to and its doric and massive stimulus plan has finally been agreed to the deal paves the way for the European Commission to raise billions of euros on Capital Markets on behalf of all 27
Were tally ation might look like and the Chinese Ministry of Foreign Affairs characterized the move as unfair and purely political. So called National Security holds no water at all it is just looking for an excuse to the Relevant Company carried out Business Activities in the end us are going to market principles and International Union and abide by going to laws and regulations but the us has and whos to research in zion and suppressed unwarranted charges. And joining us now for a deep dive into this is boom bust cohosted investigative journalist ben swan and dean of the Miami Herbert Business School john quotes thank you both for joining us today now i know better i want to start here we talked about this monday and you were highly critical of this u. S. Decision to force the sale of tictac to a company like microsoft are you at all surprised by beijings response no not at all surprise i actually agree with beijing and i rarely do that but in this case i do agree with them because l
Response and how the tensions between the 2 superpowers are spilling over on the world stage and coping 1000 cases continue to surge in the u. S. But how do the states stack up against the rest of the globe well take a look around the world but amid the surging coronavirus cases in the United States some pharma stocks are seeing a pop on the hopes for a potential vaccine but could the optimism be a bit premature later on we jump into the race for a vaccine and the possible supply chain issues that could arise once a cure has been found we have a packed show today so lets dive right in. And we leave the program with the latest salvo in the back and forth between the United States and china over the Hong Kong National security act now on tuesday u. S. President donald trump signed into law the hong kong autonomy act previously passed by congress which imposes sanctions on chinese officials businesses and financial interests institutions that violate hong kong autonomy now a spokesperson