And sound engineer 5 both takes us around his hometown of said group. Where a few weeks into the coronavirus pandemic now and the situation across the continent is difficult and frightening to say the least so how these last dozen curfews affecting young people economically we asked our correspondents all over africa what the job situation is like in their hometown and what people are doing to try and make the best of the situation heres their take. Here in uganda young people have already lost jobs especially the tourism industry. That is the crees and not croghan as capital for many zimbabweans survival and that you dont is exactly. More people are spending time on the bones and eat games but some are worried they fear that if this pandemic persist it could impact they may have to depend on their savings to stay afloat most gagnons i live in one being at a time. Now before the look down government figures sports youth unemployment at above 13 percent the post lockdown figure could be
And in mali d. J. And sound engineer 50. 00 takes us around his hometown of said group. Where a few weeks into the corona virus pandemic now and the situation across the continent is difficult and frightening to say the least so how are these dozen cuff is affecting young people economically we asked our correspondents all over africa what the job situation is like in their hometown and what people are doing to try and make the best of the situation heres their take. Here in uganda young people have already lost jobs especially the tourism industry. That is the crees and croghan as capital for many zimbabweans survival and that you dont use it. More people are spending time on the phones and eat games but some are worried they fear that if this pandemic persist it could impact. They may have to depend on your savings to stay afloat most gagnons live in one being at a time. Now before the look down government figures put youth unemployment above 8 percent the post look dont figure could
Banks c. E. O. s Board Members who have in many cases and by the way this is important in many cases they have been taking the money out of their companies while theyve been doing pretty well and theyve been sticking it in their pockets in the form of stock buybacks much of it with money they got from taxpayers government money during previous meltdowns now heaven forbid that i or anyone else should ask the question of whether some of these corporations should simply be allowed to go under is anybody asking that question yes we found one. 1 may be lonely example look look what happens this is on c. M. B. C. When a guest challenges the bailouts of airlines now remember c m b c is essentially the wall Street Network in fact many would argue its a 24 hour commercial for bankers and Hedge Fund Managers and ceos etc look what happens when somebody is willing to make the free market argument the capitalist argument that if a company gets wiped out so be it wiped out there are you are you arg
Banks c. E. O. s Board Members who have in many cases and by the way this is important. In the form of stock buybacks much of it with money they got from taxpayers government money during previous meltdowns now heaven forbid that i or anyone else should ask the question of whether some of these corporations should simply be allowed to go under is anybody asking that question yes we found one. One maybe lonely example look what happens this is on c n b c when a guest challenges the bailouts of their lives now remember c m b c is essentially the wall Street Network in fact many would argue its a 24 hour commercial for bankers and Hedge Fund Managers and c. E. O. s and cetera look what happens when somebody is willing to make the free market argument the capitalist argument that if a company gets wiped out so be it what out there are you are you arguing to let airlines for example fail you know. Why i mean how does that make sense in the broader scheme of the economy because its not becau
World. That would be wonderful. And lets keep it shut for a couple of years. We cant do that. We cant have the cure be worse than the problem. A vote to advance a massive stimulus package failed again in a party line process. If you dont support the Public Health workers, theres no amount of stimulus. 2 trillion, 3 trillion, 4 trillion that will solve your problem. Prime minister Boris Johnson put the uk on lockdown and gave Police Special powers to arrest and fine people still ignoring advice to keep physical distance. If you dont follow the rules, the police will have the powers to enforce them. The 2020 olympics will likely be postponed. Several countries are saying they will not send teams. This was absolutely the right call. And everyone should follow their lead. The Federal Reserve has unleashed the big bazooka launching an unlimited Asset Purchase Program to mitigate the coronavirus impact. The governor of new york, andrew cuomo, my brother, thank you for coming back to the show