Christiane and ben next have a lot to get to so lets get started. Heres a headline that will surprise no one in 2020 the u. S. Economy had its worst performance in 74 years since the end of world war 2 it contracted 3. 5 percent now this was of course because of the coronavirus lockdowns and the impact of the worldwide pandemic so whats in store for 2021 especially in an economy that remains so uncertain joining me now to discuss this and more. On it chrystia i ben lets start with you can you give us a rundown of how the economy did or didnt perform in 2020. Yeah i mean as you said in the beginning here its really no surprise to anybody the economy did not do well contract at 3. 5 percent as you said the worst its done since 1946 so its been a long time since the economys contracted that much in a single year and that came off of the 2. 2 percent growth that we saw the year before in 1900 the bottom line here is this is basically every sector was down because of the coronavirus with th
This is a boom bust the one business show you cant afford to miss. In washington coming up u. S. G. D. P. Close out 2020 at its worst rate since 1046. 00 and shrank by 3. 5 percent and the game stop saga continues as robin hood and other Major Trading partners are stressed in trading as the battle between wall street and small investors continues well explain what this means for future trading with the us pros with christiane and ben next have a lot to get to so lets get started. Heres a headline that will surprise no one in 2020 the u. S. Economy had its worst performance in 74 years since the end of world war 2 it contracted 3. 5 percent now this was of course because of the coronavirus lockdowns and the impact of the worldwide pandemic so whats in store for 2021 especially in an economy that remains so uncertain joining me now to discuss this and more. On it chrystia i ben lets start with you can you give us a rundown of how the economy did or didnt perform in 2020. Yeah i mean as y
Is detected in the United States just as there are new predictions of a much higher potential death toll. Donald trump left the white house, but many republicans are refusing to leave him. We have the latest as some Party Members swear their loyalty to the former president. And the sub reddit page that has wall street in a spin. The latest on gamestops Crazy Ride On wall street. Live from cnn World Headquarters in atlanta, welcome to all of you watching here in the United States, canada and around the world. Im Kim Brunhuber. This is cnn newsroom. A new forecast warns that more contagious strains of the coronavirus could cause an additional 85,000 deaths in the u. S. By may. The first two cases of the variant first detected in south africa have now been confirmed in the u. S. Its already circulating in at least 30 other countries. Two americans who have it dont know each other and havent traveled abroad. Now this variant may make at least one potential new vaccine less effective. Drug
That more militant attacks french soil are likely close to belgium becomes europes latest coronavirus hotspot there are now more covert 900 patients in belgium hospitals then there were during the 1st wave in the spring. And why abortion clinics in candy are keeping a close watch on the u. S. Election they fear damaging cuts in funding is donald trump is reelected. A lock thank you so much for your Company Everyone well where it while were coming on the air with the breaking news a major earthquake has rocked turkey the powerful tremor struck off the agent coast causing buildings to collapse and the coastal city of its. The quakes epicenter was north of the greek island of some ost the u. S. Geological survey puts it at a magnitude of 7. 0 termers were felt as far as away as athens and Istanbul Turkish Officials Say at least 4 people are dead and 120 injured details are still coming in this is very much still a breaking story lets turn now to do to correspondent dorian jones who is in
Down. Greece signs of maritime zones deal with italy amid tension with turkey simmers of a Natural Resources in the Eastern Mediterranean. And illegal secret deals bogus lab data and cheap imports aljazeera investigates corruption in iraq ie agriculture. For professional boxing is back in north america for the 1st time since the coronavirus lockdown last fagans the venue for a fight card will take place with no founds in its endurance. Thousands of mourners have braved long lines intense heat and the pandemic to pay their respects to george floyd in houston the city where he grew up he was killed just over 2 weeks ago when a Police Officer knelt on his neck during an arrest john hendren reports. George floyds final journey brought him to his childhood home tell this is my way of speaking out just by being present i would like to you know harness me into the top of my loans because i know so many black and i cant speak for every black man but for every one that i know know someone that