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
The procurement system. Fixing is not being delivered at the rate that we anticipate its a real problem from the National Vaccination plan and it means antonymous regions will have to review their strategies. And the u. K. Tightens its locked down amid one of the worst coded daily death tolls and a g. P. S. System to track infected people to put that idea of the day. By day of g. P. S. Tracking is for the spell never implemented in china anyway so what are we going to get much like now because theyll be nothing if we let this continue but im worried that were. Storing up lots of folks was going to get onto this quickly the way to do it is to keep these restrictions going to get people back. A very warm welcome to the program from all of us here at our change here in moscow thanks for joining us this hour. Moscow has sent hundreds of thousands of dozens of its sputnik the vaccine to latin america as the region increasingly bets on the russian jab argentina its the 3rd delivery of the ru
Economy. Eu budget faces more delays after hungary and poland double down, as the polish Prime Minister urges them to reconsider this will lead to a breakup of europe and the European Union. And President Trump moves closer to conceding the u. S. Election saying that he will leave the white house if and when the Electoral College confirms joe bidens win well, it is friday, we made to the end of the week happy thanksgiving thank you very much great to be with you on black friday and lets talk about markets and the price action were seeing on this final trading day of the week, capping off a week of solid gains the stoxx 600 and most of the european indices will ending the week about 2 higher than where we started off this is where we are for the broader european a indices as a whole, you can see the only one trading in negative territory is the ftse 100 down about and a half a percentage point. And we are getting to crunch time on brexit talks it doesnt appear like they are getting clos
My radarhich means is up. Francine lets get to first word news with ritika gupta. Ritika Mitch Mcconnell insists that businesses, schools, and other organizations be protected against coronavirus lawsuits, and that has bogged down talks over a new stemless package. Demanding that changes to Liability Law include wholesale in the legislation. Nancy pelosi says that shows he is not serious about reaching a deal. Federal reserve policy makers will turn their attention on how to jumpstart a stronger rebound from their sessions. They are all but set to keep their benchmark overnight rate unchanged when they wrap up their meeting today. The fed releases a statement at 2 00 p. M. New york time, Jerome Powell holding a News Conference 30 minutes later. Telln Ceo Jeff Bezos will will say that his customers his company he will strike a patriotic tone for his appearance before the house antitrust subcommittee. U. K. May loosen its coronavirus quarantine rules after a backlash from tourists and sp