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Transcripts For RT Boom Bust 20240712

In the depths. Or inmate in the shallowness. Welcome back there are few industries in the world harder hit by the coronavirus than the travel and Tourism Sector without question 2020 will go down as one of the worst years ever for the industry but in reality were only in august and still have a long way to go already the effects are being felt in fact the Hotel Industry is warning that as a whole they are facing an absolute Economic Disaster and a desperate plea to congress submitted this week the industry claims that nearly 25 percent of all hotels in the United States are at risk of foreclosure simply put those hotels have loans that are at least 30 days delinquent or longer at the end of 29000. 00 the same number was 1. 9 percent of hotels and this is just the beginning so joining us now to discuss is boom bust cohost investigative journalist bence want and travel expert from money we have dot com very choice thank you both for joining us today ben i want to start with you can you g

Transcripts For RT Boom Bust 20240712

Going to happen here and what are the contagion effect of these persistently high unemployment numbers on the economy. Could have been brought back to listen lets face it the numbers are great but the economy is slowly reopening and what youre really have is a political battle youve got the democrat the love trying to keep the economy shut so its hard to get people employed when 0. 25 are really still kind of shut down its not logical it makes no sense its a bunch of political crap that unless they resolve it is going to be like this in the elections over they do not want the kind of open they do not want to give president drop any type of victory so the jobs get to really at this point meaning us watch the markets we know that the economy and markets relate but theres plenty of money being invested and markets are making new highs and again we now understand that its the politics that are holding these jobs back not the economy christine i want to get you to weigh in on the. Quickly b

Transcripts For GBN Merry 20240706

Before 9 30 last night, 18 year old Connor Lapworth and 15 year old Connor Lapworth and 15 year old corey mavin, both from blyth, died of their injuries after that crash. Their families after that crash. Their families are being supported by Police Liaison officers, but police are still asking for anyone with dash cam footage or who witnessed that crash to come forward. Now, in other news, today, millions are set to be on the roads today with the aa saying drivers can expect lengthy amounts of lengthy traffic jams as people travel to be with their families. The met office is warning flying debris and power cuts may disrupt those last minute getaway plans, as meteorologists are predicting wind gusts of up to 70 miles an houn wind gusts of up to 70 miles an hour, hitting parts of scotland and Northern Areas of england. Rail services disrupted as well today , major london stations today, major london stations close for a few days. That includes euston , kings cross, includes euston, kings

The Cambridgeshire village that boasts three pubs but has no shops

The quaint Cambs village with no shops but four pubs