Its people its economy and the way it deals with the rest of the world the bottom line. Hello im sam is a than this is counting the cost of aljazeera your weekly look at the world of business and economics this week japan im aging population soaring debts and column e. In recession can japans new Prime Minister of 4 decades of contraction. Also this week pakistan is asias best performing stock market and the rally have a long way to go despite the pandemic. Plus famine poverty and uprisings a stark warning says the pandemic wipes out a decade of economic growth. In the end maybe in a conservative country the choice of continuity was too appealing chief cabinet secretary. Replaced his bastions as Prime Minister stepped down as the countrys longest serving Prime Minister for Health Reasons challenges to pick up from where they left off and make sure their twentys are not a wasted decade. I have attempted to turn around the stale economy with a 3 pronged revival plan we have inherited an
Uprisings the stark warning says the pandemic wipes out a decade of economic growth. In the end maybe in a conservative country the choice of continuity was too appealing chief cabinet secretary. Replaced his bastions of Prime Minister stepped down as the countrys longest serving Prime Minister for Health Reasons challenges to pick up from where they left off and make sure their twentys are not a wasted decade. Had attempted to turn around the stale economy with a 3 pronged revival plan we have inherited an economy that struggled with deflation and slowing growth after the stock and Property Market crash in the 1990 s. The effort had limited success and rb nomics as it was known was more or less abandoned the central bank introduced unconventional tools to tackle the countrys problems from driving Interest Rates into negative territory to quantity of easing again with limited success right now the economy is in its 3rd straight quarter of recession in the 2nd quarter of this year the e
Selloff. The dow industrials down 36 points, nasdaq up 61 and s p higher by 3 and a quarter. This as we await testimony from treasury secretary Steven Mnuchin and Federal Reserve chairman jay powell today, both on capitol hill later today. This follows a huge selloff yesterday sparked by an open Supreme Court seat and impact of it on the ledge Kellyanne Conway slalegislative agenda. Dow indusn 500 points, nasdaq lower by 14 and s p lower by 38. The state of our cities, the department of justice naming three major cities anarchist jurisdictions that could lose federal funding due to ongoing unrest. Rudy giuliani is back with us with his take on all of this. Then, fine on the field, nfl handing out massive fines for mask violations, all the numbers coming up this morning. Women and wellness, how some are expanding business while keeping their cool in the era of coronavirus. Super model Kathy Ireland is here with lifestyle tips you dont want to yo miss. Mornings with maria is live right n
Hello and welcome to cross talk were all things are considered im Peter Lavelle it remains unclear who will be the occupant in the white house this january what can be easily predicted is the state of the economy where tens of millions of citizens it appears what is called the case shaped recovery is permanently dividing the country and the house and the have nots and this seems to be acceptable for those who are the outs. To discuss this and more im joined by my guest Michael Hudson in new york is a professor of economics at the university of missouri kansas city and author of through give them their debts and in bangkok were joined by steve keen hes a crowdfunding professor of economics on a tree on as well as a distinguished research. Fellow of the institute for strategy resilience and security of University College london originally crossed up rules in effect that means you can jump in anytime you want and i always appreciate it ok let me go to michael in new york you know this jus
In the Central Asian state has left hundreds injured. In just a few moments time that back in an hours time voted to bring you the latest global news update will see you again. Hello and welcome to cross talk where all things are considered im Peter Lavelle it remains unclear who will be the occupant in the white house this january what can be easily predicted is the state of the economy where tens of millions of citizens it appears what is called the case shaped recovery is permanently dividing the country and the house and have nots and this is. Seems to be acceptable for those who are the house. To discuss this and more im joined by my guest Michael Hudson in new york he is a professor of economics at the university of missouri kansas city and author of through give them their debts and in bangkok were joined by steve keen hes a crowdfunding professor of economics on a tree on as well as a distinguished Research Fellow of the institute for strategy resilience and security of Univers