Across stock economic recovery im joined by my guest Benjamin Cowen lubbock he is the director of the Free Market Institute professor of economics at Texas Tech University as well as a senior fellow with the independent institute and in los angeles we cross to he is an independent economic and geopolitical analyst as well as a former commodities trader all right gentlemen crossed up rules in effect that means you can jump in anytime you want and i was appreciating lets go to los angeles 1st here i said in my introduction i guess probably the most important question there is as we come out of this pandemic and its all going to be about the economy and its everything were going to think about for the next few months if not years is about recovery so infer a very simple question will it be a v. A you or an l go here well weve been in an l. Shaped depression since the 2008 financial crisis i mean only that true. He cannot make data on unemployment inflation g. D. P. And the like have been
The code in 1000 pandemic now the focus is on devastated economies were in a recession will it morph into a depression will the recovery be a huge. Or an l. Shaped across the uk economic recovery im joined by my guest Benjamin Cowen lubbock he is the director of the Free Market Institute professor of economics at Texas Tech University as well as a senior fellow with the independent institute and in los angeles we cross to blighty and he is an independent economic and geopolitical analyst as well as a former commodities trader all right gentlemen crossed up rules in effect that means you can jump in anytime you want and i was appreciated lets go to los angeles 1st here i said about my introduction i guess probably the most important question there is as we come out of this pandemic and its all going to be about the. I mean its everything were going to think about for the next few months if not years is about recovery so infer a very simple question will it be a v a you or in hell go ahe
Coded 1000 pandemic now the focus is on devastated economies were in a recession will it morph into a depression will the recovery be a u. Or an l. Shaped across uk economic recovery im joined by my guest Benjamin Cowen lubbock he is the director of the Free Market Institute professor of economics at Texas Tech University as well as a senior fellow with the independent institute and in los angeles we cross to blighty and he is an independent economic and geopolitical analyst as well as a former commodities trader all right gentlemen crossed up rules in effect that means you can jump in anytime you want and i was appreciated lets go to los angeles 1st here i said in back of my introduction i guess probably the most important question there is as we come out of this pandemic and. Its all going to be about the economy and its everything were going to think about for the next few months if not years is about recovery so infer a very simple question will it be a v a you or in hell go ahead
Assessment of Global Energy demand. Saudi arabia is cutting output to the lowest level since 2002. As mentioned, we are looking at the start of the trading session. Thats get over to Sophie Kamaruddin in hong kong. We are expecting moves to the downside. U. S. Futures holding onto a three day decline in kiwi stocks. The index is off by about. 33 and markets are priced in new zealand to join the negative rate club. Amid calls for more stimulus around the world, we are waiting to see if china will cut the rate for the third time this year as the country grapples with a week start and millions of unemployed. Emerging from lockdown, the global stock rallies are sputtering. Risk is wave infection being weighed alongside the threat of business failures and job losses becoming permanent. Beyond that, the aussie dollar is bearish and ahead of the april jobs report. It is seen with a deeper impact. President trump says fed chairman jay powell is doing a good job but disagrees with him on negati
Restaurants in its lee are reopening ahead of plan and dates the big part of tourism in kenya how coronavirus is affecting its Wildlife Reserve just. Thank you very much for joining us we begin with some breaking news this hour and a jewish settler has been found guilty of a 2015 arson attack which killed a palestinian toddler and his parents the family were killed after the man fire bombed their home in the village of duma so this is a landmark decision in a case which has become a test of Israeli Security forces treatment of jews and palestinians lets go straight to our correspondent Harry Fawcett at the court in law and israel so a guilty verdict an important decision remind us for us harry how we got to this point today. For us this was one of the most controversial cases of any sort of jewish attacks on palestinians or something that took place in july 25th dream followed a tribe by shooting of a jewish man the prosecutions case was always that these 2 young men one was a minor on