Chambers testify about their concerns. From february until april of 2020. But the closure rates for minority owned businesses are significantly higher with 41 of blackowned businesses, 32 of latino acts owned businesses and 22 of asian businesses. They closed over the same time frame. Now, in april of this year the federal return bank of new york reported that minority and women owned businesses are significantly more likely to show signs of limited Financial Health and are twice as likely to be classified as at risk for distress then nonminorities Small Businesses. Further, companies are three times likely as healthy businesses to close because of [inaudible]. The pcp program established under the cares act and administered by the Small Business administration and treasury as funding lifeline for distressed businesses responding to the culminating pandemic. What recent analysis by the color of change and the u no space United States found only one in ten African American and late lati
What is happening in the World Economy. Working off a couple signs that the Global Economy is losing momentum. We are also getting october area manufacturing pmi instead of the forecast of 46 pounds. Its all to do with the extension. Were hoping and waiting to hear from the eu. We are getting a couple of key decisions and we have the ecb a little bit later today. All eyes on mario draghi for his last News Conference. Bank norges bank leaving its key rate unchanged. Shares are down 22. 5 and we will have a full roundup of all of your stocks. Coming up, we speak to the acting chief executive of air shuttle in about 10 minutes. But first, lets get straight to first word news in your city. Agree theysadors should accept the eus request for a third extension of the brexit process. Splitey are reportedly over how long to grant the extension. The french are pushing for a tight deadline but many other countries want to permit the three months officially asked for. Johnson was forced to ask for
Out of 30 cabinet ministers who backed a leave vote back in june. She joins us at 9 40 u. K. Time. First things first. Lets check on your markets. We are just three days away from davos. To a lot ofpeaking former Prime Ministers, current Prime Ministers, heads of state, and ceos. The dollar set for a weekly loss. Stocks climbing. Gold a touch on the up. Be the mood in the market that investors are trying to assess whether markets move higher since the u. S. Election may have gone a little too far. Lets get straight to the bloomberg first word news. Heres sebastian salek. Sebastian chinas exports remained subdued last month as weak Global Growth laid on demand. Overseas shipments fell in december while imports rose more than 3 to leave a 41 billion trade surplus. The Worlds Largest exporter faces challenges as it braces for potential trade frictions with the u. S. Under a Trump Presidency. Fiat chrysler milan shares are on the up having plunged yesterday after it was accused of cheating
Next to former moscow correspondent for the Financial Times david satter argues that Doris Nielsen and Vladimir Putin preside over the criminalization of russia. Mr. Sattar was the first u. S. Journalist to be kicked out of russia since the fall of the soviet union. His look is the less you know, the better you will sleep or he spoke at the Heritage Foundation. Good morning and welcome to the Heritage Foundation and our lori berman auditorium. We welcome those who join us on our heritage. Orc web site as well as those joining us on cspan booktv in the future. We remind all of our outside yours you are welcome to send questions or comments at any time simply emailing speaker heritage. Org and for those in house we would appreciate your checking your mobile devices to see if they have been silenced. We will of course post the program on the heritage homepage following todays presentation or everyones future reference as well. Hosting or discussion is ted bromund a Senior Research fellow
Be doing to have a greater influence on the public that is in a state controlled Russian Television and with guncontrol issues those are peripheral as far as russia is concerned there is talk of guncontrol it has very tight control so it doesnt prevent anybody from getting them but the argument to make them more freely available with those legal challenge comes up on the fact russia has an extremely high murder rate to fall people were murdered in russia were tallied it would be the highest in the world it is a culture of which arguments are settled by force, not by agreement but what impressions russians of the United States that does are freely available and so few people are murdered. [laughter] if they were available like that you could not clean up the blood in the streets. [laughter] so it is just a different culture and is an argument there is nowhere near the attraction. What would you recommend about the United Kingdom that is the investment in the city of london to make get H