Spending Federal Reserve governor bernard said that the recovery remains highly uneven and without government funding our Government Spending long standing disparities in the economy and labor market could make matters worse in prepared remarks to an online conference bernard said premature withdrawal of fiscal support would risk allowing recessionary dynamics to become entrenched Holding Back Employment and spending increasing scarring from extended unemployment spells leaving more businesses to shutter and ultimately harming productive capacity last month Photo Officials said they plan to keep Interest Rates near 0 until the labor market has recovered while keeping inflation at a 2 percent for more on this and the overall state of the economy were joined by boom cohost christine and host of economic update and author of understanding socialism professor Richard Wolffe professor we have now heard from bernard from from powell that more stimulus is needed in order to continue this reco
To get back to school which side will have the strongest appeal. This is boom bust the one business show you cant afford to miss branch a bore in washington coming up the United States has left new restrictions on china for alleged human rights abuses in the province of shinjiro straight ahead we analyzed for brandon what effect the move will have on global trade routes plus the race for a tobin 1000. 00 vaccine has been condensed in record time causing some uncertainty but are these fears warranted coming up we break down the dash for a cure and a later and boeing stock has suffered in the wake of this probe virus and the 737 mexico introverts were taken. Look at the newest moves coming from the Aerospace Giant its back show today so lets dive right in. And we lead the program with another escalation in tensions between the United States and china as the Trump Administration has banned the import of certain goods from the shin jiang region of the country u. S. Customs and Border Prote
Kristie. Well this was actually a really smart move by the u. S. Because a sweeping ban would have made more of an impact a statement but then you also risk getting challenged legally where things are sure to get shaken loose and released a part of that is because then the u. S. Will be disrupting the whole cotton ecosystem and supply chain and china would surely retaliate with a ban on american cotton which would just escalate things to a whole new level mike montes front but even so many Industry Experts see todays move as deepening the trade tensions already because this is a market move from tariffs on finished products to now also including Raw Materials and commodities so now the u. S. Is moving upstream and thats causing ripple effects across the entire supply chain because sheen downs cotton is a crucial piece of the supply chain as a makes up 80 percent of chinas output and 20 percent of the worlds supply so analysts estimate that 24 percent American Textile and apparel import
Broadcasting live direct from our studios in moscow this is R T International im sean thomas certainly glad to have you with us right now russia is accusing germany of using the various pretexts to withhold information on the election of all the case the russian opposition figurehead a recently came out of a coma in berlin where he is being treated for a suspected no but poisoning and moscows permanent representative to the Global Chemical weapons a watchdog has told r. T. That all requests for data have so far been denied. The Russian Federation has been waiting for answers from our german colleagues the general Prosecutors Office has sent 2 requests for Legal Assistance unfortunately we have not received any answers there were various explanations from the german side firstly there were references to National Secrets the german said they were afraid of revealing secrets and german technologies during our specialist acquaintance with the results of the analysis in a boon to swear labo
Broadcasting live direct from our studios in moscow this is our International Thomas certainly glad to have you with us now russia is accusing germany of using various pretexts to withhold information on the election of all the case the russian opposition figurehead recently came out of a coma in berlin where he is being treated for suspected novacek poisoning and moscows permanent representative to the Global Chemical weapons watchdog has told r. T. That all requests for data have so far been denied. The Russian Federation has been waiting for answers from our german colleagues the general Prosecutors Office has sent 2 requests for Legal Assistance unfortunately we have not received any answers there were various explanations from the german side firstly there were references to National Secrets the german said they were afraid of revealing secrets and german technologies during our specialists acquaintance with the results of the analysis in a boon to swear laboratory. Then our germa