hello and welcome to the programme. we start with the political crisis in brazil where security forces have detained 1,500 people after supporters of the far right former president jair bolsonaro stormed government buildings in the capital brasilia. leaders around the world have condemned the riots as an attack on democracy. mr bolsonaro came to power in 2019 he s popular amongst his supporters someone they see as a champion of traditional values. but his administration was marked by controversy many saw his policies as harmful to the amazon rain forest, while others questioned his response to covid when he downplayed the effects of the pandemic. the new president left wing luiz inacio lula da silva was voted in last october. he has been president before and had served a prison sentence for corruption, a conviction that was later anulled. the close result in last october s election just 51% to 49% - highligted a divided country. from brasilia, our corresponden
To understand the implications of a fractured trading system, let’s use the period known as hyper-globalisation, or globalisation 2.0, as a benchmark. In [.]
wonderful to have you on the programme and just to say this is pretty exciting quite a moment. it is a piece of history for both uk and for europe. it is actually the first launch from in europe. in the whole history of the space age. i think we are setting a really important benchmark here. we are giving people much more flexible access to space by having launch sites here and adding others such as in shetland and probably several others in the uk to give us huge capability. in others in the uk to give us huge ca abili . , others in the uk to give us huge caabili . , ., ., capability. in terms of how important capability. in terms of how important this capability. in terms of how important this is capability. in terms of how important this is for - capability. in terms of how important this is for the i capability. in terms of how l important this is for the uk s capability. in terms of how - important this is for the uk s space industry, the space sector, key talk us through th
trimmed its forecast for the u.s. economy. writing this, a failure to pass bbb has negative growth implications, particulars parti expiration of the child tax credit. it will grow 2% down from 3% with similar cuts in the second and third quarters. the goldman economists don t see it becoming easier to pass build back better in the coming weeks. inflation is likely to persist, so what does this mean for you? i think it s so interesting, laura, that blistering, as jasmine said, from jen psaki. they were pointing out all of these things that are for working families. subsidized child care, universal pre-k. home health care. instead of having your grandma or great grandma having to move to a nursing home, keeping her in her home with some low-cost care to keep seniors in place. there are so many things in
take a look at u.s. futures right now, stock index futures down, off their lows but still stock index futures are down, right there global markets. global markets closed lower. europe, asia did, europe opened lower and their stock index futures down about 400, oil prices are tumbling, too, when there are threats to the global recovery, that s what happens so adds to the covid part of the situation. added gloom to the forecast but stocks are up sharply for the year. the s&p 500 up 25%, the nasdaq up nearly 18%. the demise of build back better has goldman sachs trimming its forecast for the u.s. economy. goldman expects gdp to grow at an annual pace 2% next year, down from the earlier estimate of 3%, similar cuts in the second and third quarters. goldman economists warn a failure to pass bbb has negative growth implications and they