Cities krs the u. S. From the urban institute this runs an hour. Were about to hear some very good Economic News after recordbreaking declines in economical activity in the Second Quarter of 2020, well be see eyepopping consensus, 25 growth in the third quarter. We should not lose sight of what that means for people who are still struggling and the fact that we still have a deep hole to climb out of. Much has been written about the kshape recovery. Workers at the low end of the distribution who dont have options to work from home and for whom federal help has already been paid in a way. Weve seen who will owedout downtowns with fewer workers coming in, buying lattes. What does that mean for city revenues . One estimate suggests its in highrent zip codes, highrent districts, employment is still at 45 of precovid levels. So we are about to explore these things today. We also have a blog my colleague and i have a black about what this means for cities and each industrys mix and, of course
Is this movement spreading worldwide. Well i think here is she the beginnings of what anyone should have understood was coming this is a major on all on working people across the worrying i mean you put 40000000 people out were added time when theyre already under pressure because the government didnt prepare very well and then make nor is it manager we know and youre putting people on her own pressure and when you will that with all certainty but they dont know about whether they are. Poor and you know that youre going to be explosions and theyre going to impact what kinds of communities and unfortunately you will see bad reaction by the police in this country you dont have a good record youre going to see anger on the point of people whove suffered more even than the average person were going to employ and then we. And this tragedy of the United States constantly reliables of efforts just split the working class from having a uniform and organized reaction in to fighting battles over
A day and author of understanding socialism professor Richard Wolfe thank you for joining me today professor i want to start with you these these protests are just ravaging the overall become more peaceful what start with the basic question of why is this movement spreading worldwide. Well i think you is the beginnings of what anyone should have understood was coming this is a major on all on working people across the warning i mean you put 40000000 people out were at a time when theyre already under pressure because the government didnt prepare very well and then make nor is it manager we know and youre pretty equal under. Pressure and when you lead with you but they dont know whether they will. Pour in you know youre going to exclusion and theyre going to. Impact well kinds of communities and unfortunately you will see their reaction by the police in this country you dont have a good record here youre going to see anger on the part of people whove suffered more even than the average
Economics professor Richard Wolfe and arties rick sanchez then of the trauma virus pandemic continued governments around the world are looking for revenue well tell you about the European Countries looking to put digital on American Tech Companies we have a packed show today so lets go and dive right in. Were going to start today with a Panel Discussion with our tease host of the news with Rick Sanchez Rick sanchez and host of economic day and author of understanding socialism professor Richard Wolfe thank you for joining me today professor i want to start with you these these protests are just ravaging the overall become more peaceful what start with the basic question of why is this movement spreading worldwide. Well i think. What anyone should have understood was coming this is a major on all on working people or cruel. I mean you put 40000000 people out who were out of time were going to already under pressure because the government didnt prepare very well and then. Nor is it manag
Entirely wrong. Good morning for russia the 4th of june 2020 life from arties at world news h. Q. Here in moscow is kevin and delighted to be this sad taking through those headlines in more detail again the news all focused on america for the next few minutes whats been happening there again overnight the remaining 3 minneapolis officers present at the death of george floyd will also now face murder charges murder charges is the big headline the video of that incident led to protests and rioting as we know 9 days and counting across the United States. Bringing charges against all 4 Police Officers was a key demand of floyds family and the protesters for initially only losing their jobs 3 will now face trial for aiding and abetting murder while the officer who fatally pinned floyd to the ground as had his charge raised to 2nd degree murder all face a maximum of 40 years prison if convicted. I believe the evidence available to us now supports the stronger charge of 2nd degree murder weve