Through on a major pledge from his 2016 president ial campaign, a promise to protect American Workers, to put an end to the abuse of the h1b visa program. President trump signed an executive order at the white house today banning federal agencies from firing american citizens or green cardholders from their federal jobs and or suring Foreign Workers and hiring Foreign Workers to replace them. Todays action also orders a study to determine just how many federal jobs are now held by foreign visa workers. President trump today heard from a number of American Workers, workers who were forced into the degrading, humiliating process of training their less qualified foreign replacements. Thats right. H1b visa workers trained by the reporters they were the workers they were replacing from the Tennessee Valley authority. The federallyowned corporation that provides Utility Services to residents in seven states. The tva recently announced a plan to outsource 20 of its Technology Jobs to Companie
Across the break to save the soul of beirut we visit the historic neighborhoods in the lebanese capital devastated by the port explosion. Another day of bleak reports from around the world as the coronavirus pandemic rages on india is still struggling to bring it under control the number of deaths there has now passed 50000. 00 its the 3rd worst affected country with more than 2 and a half 1000000 people infected is having a devastating economic effect japans economy has shrunk needs 7. 8 in the last quarter and the outbreak has forced new zealands Prime Minister to postpone next months general election the country has seen a resurgence of cases there after boasting for 3 months without any infections. Over mourn situation in india lets speak to elizabeth purana she joins us now from new delhi and this is the launch number of deaths in india crossing the 50000 mark but how accurate all these numbers given the road to be the number of tests and the type of tests being conducted. Hi laur
Very, very, varied longtime. What does that mean for u. K. Asset . Strategistnvestment is joining us now. David, the u. K. Economic outlook is really bad right now. We have had a bounceback a little bit in the month data, but it makes grim readings. U. K. Asset pricing enough in terms of the downside . Dont think they are pricing enough bearing it was a truly terrible q2 gdp number. That was expected. At the moment, investors are taking some comfort with a decent pmi number for the u. K. Some of these monthly gdp data from the statistics have been revised up for june. After such a big decline, we are going to get a bounce in q3. We may get doubledigit growth in q3. For the headwinds are really significant. It is being massively underreported in the u. K. It has been a sticker shock for investors and for households and consumers from the furlough scheme. This brexit is still hanging out and never seems to go away. Alix what is the down lot what is the Downside Risk to the furlough . Is
The world has become so complicated almost hostile in this environment does todays use have a future and whats it going to look like after the pandemic generation lockdown our topic today on may to welcome now each generation has its challenges mine was faced with a cold war on the possibility of being wiped out in a nuclear war this doomsday scenario made planning for the future pointless instead we strove for selffulfillment after all who knows how much time we really have its actually not that dissimilar to todays millennialists but since the coronavirus pandemic hit they have gone from worrying about self realisation and Work Life Balance to truly existential fias my colleague. Explains. Remember the entire university 1st of all to a stranger chase my dreams for the money right once all of this selffulfillment and a small Carbon Footprint i am a millennial. It was so interesting to hear because its so far from my lived experience im not sure thats true here was a bully would be wan
Fine. The rapid recovery, but it would be nice to report it. The rapid recovery of homebuilders sentiment points to massive new construction and we are doing massive amounts of construction of new homes. That is because people have tremendous confidence. This is where we went. And the Housing Market has quickly rebounded. We were at a record. Now were going to be at a record again very shortly. Those numbers rin credible. Thats where we are. We had to turn off the economy and now were turning it back on. That is, this is going to be, very strong. It is called a strong v. Automobile demand has increased 65 over the last three months. 65 automobile demand and were anticipating that that is going to go up even further but thats more than any, anybody else. The Manufacturing Sector, remember manufacturing is dead according to the past administration of obama and biden. Manufacturing is dead, you would need a magic wand. Well you dont need a magic wand. You need competence and capability. T