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Joining me now is satyam panday, Chief Us and Canada Economist at S P global ratings. Satyam, what are the key elements here that youre looking at that mean theres going to be a drag on growth . We are mostly focused on the consumer sector, we are mostly focused on the consumersector, like we are mostly focused on the consumer sector, like you mentioned in your opening statement. We are starting to see some Consumer Caution creep up, see some Consumer Caution creep up, especially given how the Labour Market has moderated, we have also seen the real Income Growth so often, and that means most likely moving forward, the same type of growth coming from Consumer Spending iS Probably going to be softer, and if you think about the Consumer Spending, you have to look a ....
Wall street is looking for any clarity on stimulus following President Trumps tweets, suspending further negotiations until after the election yesterday but calling for targeted relief since then for airlines, Small Business and a new round of 1200 checks. Eli lily saying its seeking emergency use authorization for antibody treatment dr. Gottlieb says its a major step forward got a bit of reversal from yesterday. Quite so. On todays show, restauranteur danny meyer putting out a plea for lawmakers to come up with a stimulus plan. He will discuss what it would mean for the Hospitality Industry if help doesnt come through soon plus kara swisher on whether any of that will mean real change Steve Liesman has the fed update for us, and joining us to break it all dow ....
We can half after the first televised debate, john f. Kennedy Richard Nixon debated for second time. They took questions about cuba, soviet union, and civil rights. This is frank mcgee, nbc news in washington. This is the second of a series of programs. Never have so many people see the major candidates for the president of the United States at the same time. Never until this time of americans see the candidates face to face. Tonight the candidates have agreed to devote a full hour and answering questions on any question. Here tonight are the republican candidate, Vice President richard and nixon and a democratic candidate senator john f. Kennedy. Now representatives and of all the raz radio and Television Networks have agreed on this network rules. Either candid ....
The government slaps hefty fines on quarantine vikas and malls imposing a 2nd total lockdown. Im at 3 howd we begin with new revelations of Money Laundering illegal financial flows and a banking scandal of gigantic proportions for years banks around the world appear to have helped avert and conceal funds originating from criminal activities documents leaked from u. S. Financial wealth already financing seem to show how banks help circumvent International Sanctions including those against iran and syria danish and british banks but also to achieve back implicated in the late far. All over the world criminals are using the Global Financial system to launder money its a dirty but lucrative business for the banks. If a bank notices a suspicious transfer it has to report it to the authorities. Thousands of such r ....
We will take you to the basic news, and we will begin with , a call to help negate the academic Economic Impact of the coronavirus. Michael mckee joints me now with more. Theres a lot riding on the next 24 hours. Mike a rescue package for European Countries should be based on the european stability mechanism rather than joint bond issuance. And another idea is to set up another European Fund that would guarantee bank loans to Small Business. And finance ministers meet tomorrow to discuss a package and then possibly the leaders would decide on something on thursday. Thehe other of the world, japanese Prime Minister is announcing the largest similars package ever for the country. He says he will declare a sta ....