Dont meet those goals and some of my friends jane if youre maybe if you dont die for a month youre going well you know the. Moment. Our lives. Change or more our lives aaron change. The for us the one business show you cant afford to miss. In washington coming up u. K. Crash into its deepest recession on the record will explain how it compares to other rich countries around the world Precious Metals are climbing their way back. On to the can they return to the old record highs have a lot to get to so lets get started. On wednesday britain officially entered a recession as coronavirus lockdowns hammered the countrys output well the office for National Statistics show the countrys g. D. P. It plunged by 20. 4 percent in the 2nd quarter of this year this is its deepest recession on record this comes after a dramatic fall in output of 2. 2 percent in the 1st quarter of this year while the countrys Statistics Agency compared it to an annual rate of about 59. 8 per cent and u. K. Chance to k
For National Statistics show the countrys g. D. P. It plunged by 20. 4 percent in the 2nd quarter of this year this is its deepest recession on record this comes after a dramatic fall in output of 2. 2 percent in the 1st quarter of this year while the countrys Statistics Agency compared it to an annual rate of about 59. 8 percent and u. K. Chance to knock said although these are hard times theres still room for hope. We talking about this a few months ago said the hard times were coming and todays figures show the hard times that here hundreds of thousands of people have already lost their jobs and suddenly many more will. Say to people all the tough decisions law ahead for all of us no one will be left without hope or opportunity. But g. D. P. Did expand by 8. 7 percent in june showing some promising signs still that 2nd quarter really hit it hit steepest among other rich countries and 2nd quarter u. S. And germany actually lost around 10 percent of their output italy lost 12 percent
Good morning. This hearing will now come to order. I am pleased to welcome our distinguished panel of Witnesses Today is the economic and security subcommittee. He focuses on the very important topic that i think has a lot of bipartisan interest in. And that is the economic and geostrategic challenge that the rise of china poses for the United States. Much as today, but in the future. China, communist party, Peoples Republic Party of china. Unfair trade practices, intellectual property theft and market manipulation and very prominently in my view, m nonreciprocal treatment. Not just an economic room but in many realms. It has been a force in the Global Economy that undercuts the resiliency and strength of the u. S. Economy. China has been one of the worlds Fastest Growing economies. Averaging close to 10 percent growth from 1979 to 2016. In 2014, china was the Worlds Largest economy and nursing power bases according to the international monetary. I believe there is a strong bipartisan
6 prodemocracy protesters in exile and chiles president received a frosty reception during his state of the nation address following months of political crisis and is for the owner of the Milwaukee Brewers says the Major League Baseball season could still be cancelled the warning comes as more games are postponed due to players testing positive for corona virus. Welcome to the news we begin with the latest developments on the coronavirus pandemic because the global number of infections continues to accelerate so does the global race to find a vaccine now russia has announced that mass vaccinations could begin in october the Health Minister gave no details about the vaccine to be used and its not clear if the treatment produces an immune response it comes as japan faces a resurgence in cases tokyo. You confirm the record of 472 corona virus infections on saturday and the capitals governor says a citywide state of emergency may well have to be imposed is a step thats already been taken i
Economist fears to put it all in perspective, chief Economic Advisor mohammed will be joining us. The worlds searching for a cure for the deadly coronavirus, one Company Thinks its device could help save lives, the chief medical officer and cofounder will tell us how it all works. In schools across the nation get set to reopen, one company is ready to make learning from home easier for teachers, parents and students, is sounds good, sullivan learning is here with the fox business exclusive, were less than hour to the closing bell, im abstention Ashley Webster in for liz claman, lets start the claman countdown. Ashley breaking news, right off the top of the show, mgm resorts is said to reopen the mirage casino resort on august 27, and headed crucially of the long Labor Day Holiday weekend, the 3000 room resort along with many other casinos in sin city has been shut since march due to the coronavirus, a sign of progress, right there. Mgm reopening the mirage august 27, as for the markets