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This discussion was held by videoconference. Good morning, good afternoon and good evening depending on where you are. Thank you for joining us. Im Vice President of the Global Economy and Development Programs at brookings Global Economy. Disrupting billions of life and jeopardizing progress. The Global Economic process which relates to todays conversation from a five of present and global gdp in 2020. This is the cheapest global recession since world war ii. Its a report defined by fundamental drivers of longterm growth including investment which would slow capital formation. Beyond the headline Economic Growth number, the pandemic is having a pro ....
with an alleged corruption case. the picture is pretty startling. this is him right in the middle of all those black paramilitary style officers taking him away and putting him in that black truck at the bottom of the screen there. we have slowed down the footage again, which we will play you here. just so you can get a sense. he is wearing a white top, you can see white sleeves and a black waistcoat. that is the former prime minister imran khan. just a year or so ago he was in charge until he was ousted. he fell out of favour with mps and the army and now facing arrest. we don t actually know his current location. he has been detained in an undisclosed location. that is another set of pictures he does well, him sitting inside. he was actually at court in an unrelated case. this is the scene just in front of him, breaking down glass windows to try to get to him. and after that, we believe he was taken out and then taken away. these pictures, i should say, were released ....
52. 74. Creeping up to 53 here are the big stories were watching roku will make its public debut on the nasdaq. Roku priced shares at 14 each thats the top end of the expected range it has a market cap of 1. 3 billion. Rok lush roku wi tra under roku. Roku founder and Ceo Anthony Wood will be on squawk box this morning and rovio, the maker of angry birds video games will price later today. The Senate Intelligence committee calling on facebook, twitter and alphabet to testify at a hearing on russias role in the 2016 election. The hearing is november 1st. Alphabet and facebook have not said if they will attend Mark Zuckerberg hitting back at President Trump who claimed yesterday that the social Media Company< ....
On to the politics of it. we have been in situations like this before. what you think the chances are of some kind of resolution? in what you think the chances are of some kind of resolution?- some kind of resolution? in the ast, some kind of resolution? in the past. this some kind of resolution? in the past. this has some kind of resolution? in the past, this has always some kind of resolution? in the past, this has always ended - some kind of resolution? in the past, this has always ended up| some kind of resolution? in the i past, this has always ended up in some 11th hour compromise where congress raises the debt ceiling and the president and majority party agreed to some sort of restraint on spending or spending cuts or something. i think that is still the most likely outcome this year, but compared to the past that there is a much greater chance that that will not happen and we will have the unprecedented event of the treasury not having enough money to pay its bills. that ....
So how did washington end up here again? samira hussain has been investigating. we can speak to david. we can get to the political wrangling and how we got here and the political wrangling and all that. but paint is a picture of what could happen if all this did go wrong? the a picture of what could happen if all this did go wrong? all this did go wrong? the us government all this did go wrong? the us government collect all this did go wrong? the us government collect taxes - all this did go wrong? the us| government collect taxes that all this did go wrong? the us - government collect taxes that cover about 75% of all its spending. and it borrows, for the remaining 25%. if congress does not raise the debt ceiling, the treasury will not be able to increase its borrowing and it will not have cash in the till to pay its bills. treasury secretary janet yellen says this could hit as soon as a junior first and in any event, sometime in the first half of ....