Wildfires have wasted millions of acres and killed dozens out west its so bad that the air quality here in the east was compromised and this Hurricane Season is a brutal while the pandemic is killing a 1000 americans a day and thousands of others are lining up for food as free money from the fed is inflating wall street while telecommuting were trying to be productive but supply chain issues continue and with the president already calling the looming election rigged how much more will it take before the straw that breaks the camels back lets ask the author of the sickness is the system when capitalism fails to save us from pandemics. Or itself available let them ocracy at work the info of which economists richard deal wolf is founder and host of the nationally syndicated show economic update richard historically america mankind has survived as long as we have because we can surmount dilemmas like this one at a time how quickly in economic terms could things just degenerate into chaos i
Other. Yesterday, down over 200 adding that, you are down more than 1,000 points of decline in early session right now. Well see what the market does as we get close tore reopening and of course to the closing bell today s p 500 down 33 and nasdaq down 101. The central bank indicated it would keep Interest Rates near zero projected that the u. S. Economy will shrink by 6. 5 in 2020. They do see a gain they are expected by 5 in 2021 followed by 3. 5 gain in 2022 and will continue increasing Bond Holdings and Mortgage Backed securities at 40 billion a month. Take a look at the 10year note, yield now sitting at 0. 698 . Crude oil prices have also come down a little too. Wti is down about 3 this morning. Ticking at 38. 38 a lot of this is because of what the fed is you no saying you are really expecting some tough economic sledding. The news out of 12, 13 states probably not great either. I think it would be hard for me to sell right now. You wait around. We dont invest. You would have wis
Leading here or do double triple play to talk about. Lets go for it. 3 more cool. Less people we have. Lets have a look at so many of the matches around the still shaking in their roof that could breathe a sigh of relief so you dont want to. Just go. To w. And you head out to the European Central bank but is it just business as usual Christine Legarde has given her 1st official speech of this piece even president breathing space for south African Airways carrier and trade unions have agreed a deal to end and strike. And v is 1st victory of us has what it hopes is a winning idea to save fuel inspired by migrating birds. Business data we have business im rob walks in berlin welcome. Christine legarde has used her 1st official speech as president of the European Central bank to put yet more pressure on wealthy euro zone countries to spend spend spend she told delegates in frankfurt that better targeted investment would be key to the regions challenges and urged them to create a greener mo
A child should. Using all channels available to inspire people to take action and were determined to build something here for the next generation globally is the environment series of global 3000 on d w and all mine. A new heads at the European Central bank but is it just business as usual Christine Legarde has given her 1st official speech as he sees the president acela mittal is closing a steel plant in south africa thousands more names could be added to the countrys already overlong joblessness. And the v. Is for victory airbus has what it hopes is a winning idea to save fuel inspired by migrating birds. This is d. W. Business i am rob whats in berlin welcome along Christine Legarde has used her very 1st official speech as president of the European Central bank to put yet more pressure on wealthy euro zone countries to spend spend spend she told delegates in frankfurt that better targeted investment would be key to facing the regions challenges and urged them to create a greener mor
And well be talking to the man who wrote the eulogy for an icelandic glacier which has disappeared because of Climate Change. We will be live in westminster to look at that letter from Boris Johnson to donald tusk suggesting the irish border backstop has to be replaced with an alternative if the uk and the eu can find a deal that the uk will accept. Before that before that. What a striking image this is. Sudans former president , Omar Al Bashir was driven from power earlier this year. This is him today in court, inside a cage. Hes facing corruption charges. We already know that millions of dollars in cash was seized at his house. And investigators are alleging that mr bashir has admitted receiving 90 million from saudi arabia. Though his lawyers say all allegations against him are baseless. Omar al bashir is also accused of being involved in the killing of people who protested against his rule. And inevitably, this trial is seen as a test of whether the Ruling Military Council can deal