All around washington but nonetheless reflecting a real divergence and breadth of thinking, experience and approach. In thinking about these kinds of conflicts with a lot of broad strategic expertise and also a lot of Field Research and handsonexpertise. This struggle is at the new American Engagement Initiative at the Selikoff Center at the Atlantic Council. He has a longstanding scholar, many will know him from his years at the Cato Institute and his most recent book is hes, war and liberty. He is also a former navy officer and is in many ways one of the great skeptics and contrary invoices in American Foreign policy and strategy thinking today who has prolonged time and were pleased to have them with us se in this event read chuck and logan Catholic University is at that center for study and statesmanship, used to be cato as well and is recently written an important article in defense priorities call the case for withdrawing from the middle east and is an advocate of minimizing us m
Germany is set to rein in public and private parties. Its inflation rate falls further below zero. The ecb may need to do more. Christine lagarde speaks in 90 minutes time. Disney cuts deep. They will lay off 28,000 workers at its resort business, leaving one of the deepest economic scars of the covid era. Welcome to the program. Just gone 7 00 in london. Waiting for data to come out from the u. K. Economy and some news expected from shell. Lets get to the u. K. Data first. This is the final reading on u. K. Gdp, coming in not far away from where we anticipated it to be. Estimate was 21. 7. 19. 8 percent for the quarter on quarter numbers. These are all negative. A retreat of 19. 8 in the second corner. The estimate was 20. 4 . Thats just a small detail. We are dealing with incredibly large negative numbers. They are very backward looking. The real question will be, how does that data perform . How has the economy performed since the Second Quarter . How will liberal perform as we head
Worldwide as well. Good morning to all of you working from home during this endemic and listening to our pandemicontent this and listening to our digital speak torea we will Kevin Cirilli about the events in washington over the last 24 hours, and certainly the comments of various members of the military about the commanderinchief. We will also look at the ecb, that Important Press conference coming up. Jon will brief us on the difference between 500 billion on dollars. Illi it is extraordinary. To be honest, i have lost of the a million here and a million there of an white of unemployed americans. Jonathan everyone has, not through malice. What we are hoping to see is claims rollover. I thought yesterday was absolutely remarkable, to get that adp report of negative 2. 6 million, and to call that an upside surprise you imagine me telling you at the start of this year that a number like that would be called a big beat, a massive upside surprise . Tom of course, the backdrop is the s p ma
Some businesses are set to reopen soon some pubs struggle to comply with the new posts quarantine regulations and just like this 1 may make you wish you were here for many also putra as bitter as for many they wont be able to reopen again. During a mosque has become a political statement in the u. S. We look at how the countrys divisions the deepening due to protective face covering. Many children on get their Education Online during the pandemic hits in a remote village in peru on having to climb and nearby hill for radio. Their. Students is that there is no communication for mobile phones nor is there any communication through the. A very good morning to you from our team here in moscow this is r. T. International great to have you with us and our top story European Countries are gradually relaxing their lockdown restrictions with cross border travel bans set to be lifted the World Health Organization though warns that they could be a 2nd peak in the pandemic of quarantines are ended
Beijing says mainland infection rates are falling rapidly. The virus continues to wreak economic havoc. Data shows acrosstheboard slumping china for the first time on record. Shery lets take a quick check of the markets closed in the friday session and how u. S. Futures are reacting to that emergency rate cut. We are seeing u. S. Futures accelerating losses at the open, down more than 4 despite the fact we saw another emergency rate cut by the Federal Reserve and President Trump expection x resting satisfaction expressing satisfaction. This comes on the cut friday and we saw the s p 500 seeing its best day since 2008. We have every sector of the s p 500 index in the green, rising at least 4 following the worst session since 1987. We did have the president also coming out with many measures to support the economy including a declaration of National Emergency and moving to prop up energy prices. A moratorium of federal student loan interest. Not to mention the private sector jumped into