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Transcripts For RT Boom Bust 20240713

In the world corrupted you need to descend. To join us on the death. Or a mate in the shallows. As the us economy was booming growing numbers of people were made homeless. You can work 40 hours in a week and still not have enough to get housing everybody believes america still has the lead up to the reality of the years were not financially equality and the lack of Affordable Housing for a living minimum wage give many people no choice. Thats been a problem with the city knows turn a return call the stay way out almost. Half the food that there is no answer because yes that requires resources the most vulnerable are abandoned on the streets to become. Yes. This is the one business show you cant afford to miss im french born in washington. Following dismal numbers for u. S. Economic growth europe has followed suit taking a major hit as the go to 19 outbreak continues to weigh heavy plus as we discuss the impact of the pandemic on different sectors how are sports fairing we do a deep div

Transcripts For RT Boom Bust 20240713

Reopened operations within the state what does this mean for the auto giant we have a boom bust panel on hand to break it down got a packed show today so lets dive right in. And china announced tuesday a new set of u. S. Products eligible for waivers from salvatore tariffs put in place amid the height of the trade war between the worlds 2 largest economies now the Chinese Foreign ministry issued a statement saying the waivers on 79. 00 products will be put in place on the 19th of may and expire in may of 2021 the new list of products with waivers includes ores of rare earth metals gold ores so wars and it concentrates as part of the phase one trade deal between the 2 countries signed in january china agreed to increase imports of u. S. Goods by over 200000000000. 00 over 2 years now the 2 sides held a call last week to discuss implementation of the phase one following a threat from u. S. President donald trump to pull out of the deal if beijing did not meet their commitments now the Ch

Transcripts For RT Boom Bust 20240713

This is a boom bust the one business show you cant afford to miss in washington coming up. To creating. Conditions for implementing the phase one tiny u. S. Trade agreement the spotlight is back on china u. S. Trade as the peoples republic has waived tariffs on some imports from the United States straight ahead we bring you expert analysis into what lies in store for the worlds 2 largest economies plus tesla is defying california orders and has reopened operations within the state what does this mean for the auto giant we have a blue bus panel on hand to break it down you got a packed show today so lets dive right in. China announced tuesday a new set of u. S. Products for waivers from the tory tariffs put in place amid the height of the trade war between the worlds 2 largest economies now the Chinese Foreign ministry issued a statement saying the waivers on 79. 00 products will be. Put in place on the 19th of may and expire in may of 2021 the new list of products with waivers includes

Transcripts For RT Boom Bust 20240713

Concerning Economic Data out of europe the eurozone economy contracted by 3. 8 percent for the 1st quarter of 2020 this marks the biggest drop in g. D. P. For the 19 countries block since 1905 according to the European Statistics Office euro stat the e. U. Economy had expanded by point one percent in the 4th quarter of 2019 and of course contraction is expected as the crow virus pandemic continues to wreak economic havoc but it should be noted that lock downs in the e. U. Did not actually start until early march so you still have 2 months before those lockdowns took place weighing heavily on the economy now looking at some of the largest economies in the bloc france the g. D. P. Felt by 5. 8 percent over the quarter as did spains economy declined by 5. 2 percent now german officials had also announced this week that they expect their g. D. P. To decline by 6. 3 percent for the year overall meanwhile the European Central by. Announced thursday it would keep Interest Rates where they are

Transcripts For RT Boom Bust 20240713

The e. U. Economy had expanded by point one percent in the 4th quarter of 2019 and of course contraction is expected as the crow virus pandemic continues to wreak economic havoc but it should be noted that lock downs in the e. U. Did not actually start until early march of 2 months before those lockdowns took place weighing heavily on the economy now looking at some of the largest economies in the block frances g. D. P. Felt by 5. 8 percent over the quarter as did spains economy declined by 5. 2 percent now german officials had also announced this week that they expect their g. D. P. To decline by 6. 3 percent for the year overall meanwhile the European Central bank announced thursday it would keep Interest Rates where they are at 0 but added they will continue stimulus measures until the economy stabilizes. And here in the United States new filing for unemployment reached 3840000 for the week ending the 24th of april now this brings the total number of claims over the last 6. 30000000

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