An entire main street underwater. Oh, my goodness. I met the mayor. We toured the city the only way we could, by boat. Its okay. Roads closed and businesses wiped out. Look at this. Kim oh, my god. Lemonis . A severe burden on the local economy. Peter so im on the city council, and so we are gonna have some serious budget problems like never seen before. Lemonis and with relentless rain, well, its paralyzed this town. Man 2 what i was afraid of. Lemonis as for the people who live here, theyve had enough. How do you recover from a disaster like this and restore enough hope that people who live here dont abandon everything . The reason that i wanted to come to the Mississippi River is, as i think about it, it almost feels like the most important freeway in america, right . It goes from minnesota all the way down to new orleans. Its how Farmers Transport things. Its how ships get up and down throughout the country, and its, quite frankly, maybe even a more efficient way to travel. What i
Via the coronavirus, and there is not much of the fed chair can say. Coronavirus is making all the decisions on the economy. Weakersales coming in than expected, actually the weakest since april. The High Frequency we have seen since then suggest the economy is slowing even further into november. The problem of course is there is no help from the fiscal side in washington, no talks about any additional covert relief package. Getting to the end of the year, most of the cares act expires. So people are looking to the fed, particularly people in the markets. They are looking at the yield curve, which has steepened slightly, still under 1 on the 10year, but there is a feeling that if the fed wanted to do something they could start buying at the longer and, changing the weighted average maturity of their purchases. If they did that, push down on Interest Rates. There is a feeling they may do that in december to send a message that we cannot do a whole lot to stimulate the economy but we are
Into his bunker as joe biden won the election and donald trump went golfing supporters cheat him on the way back to the white house for much of red america dont know trump is still very much the president. Lets bring in our u. S. Correspondent. In washington d. C. Greetings to me as we speak the United States is waking up to a new era in history hows the mood there. Well its been a pretty quiet morning here mike i walked by the white house and there was a lot of cleaning up going on at black life better plaza where everyone saw there were huge crowds rally there yesterday and a party that continued into the night these were joe bidens supporters who were celebrating and there is a sense among them at least of the relief and jubilation but as we saw in that report among donald Trump Supporters there is disbelief and frustration and anger as well particularly as a some of them dont recognize that joe biden has been elected and from the white house itself while were hearing reports from t
Lemonis Something Like this make you want to call it quits . Oliver yes. Lemonis theres massive devastation. This is a street. An entire main street underwater. Oh, my goodness. I met the mayor. We toured the city the only way we could, by boat. Its okay. Roads closed and businesses wiped out. Look at this. Kim oh, my god. Lemonis . A severe burden on the local economy. Peter so im on the city council, and so we are gonna have some serious budget problems like never seen before. Lemonis and with relentless rain, well, its paralyzed this town. Man 2 what i was afraid of. Lemonis as for the people who live here, theyve had enough. How do you recover from a disaster like this and restore enough hope that people who live here dont abandon everything . The reason that i wanted to come to the Mississippi River is, as i think about it, it almost feels like the most important freeway in america, right . It goes from minnesota all the way down to new orleans. Its how Farmers Transport things. I
A true american champion a long the leading aircraft manufacturer worldwide an icon of engineering problems. Boeing people are very proud of the work its known all over the world people here are proud of it were proud of it. But march 10th 2019 proved a major turning point for boeing. In ethiopia a passenger plane with 157 people on board has crashed there are not a survivor. The victims were from 35. 00 countries including 5 germans. Children mourned for their parents men and women for their partners and parents for their children. Less than 5 months earlier a plane of the same type that already crashed in indonesia resulting in 199 deaths. A suspicion quickly arose that there might be a connection. Where the crash is more than tragic accidents was there an issue that went beyond the 737. 00. Was fortunately there seems to have developed into a system in recent years and has penetrated deep inside boeings whole internal structure. In our investigation we met with boeing insiders who f