A President Biden attempting to clear up the latest confusion over masks and when you should be wearing them, but some say they are now more confused than ever. What exactly did the president say today . And Bagel Bites and a bit of a pickle, a Wisconsin Woman contained these next dont contain real Cheese Or Tomato sauce. It our legal eagles join us for a Night Court, you decide, youre the jury. At first we start with the Jobs Report showing Jobs Numbers down, unemployment up, and lots of fingerpointing as to why. Kevin corke is digging into the economic numbers for us tonight, good evening, kevin. Happy friday and good evening. At this is where you are in your salary if youre over at the White House. Obviously, theyre trying to figure out a way to put a positive spin on the terrible news really, lets face it, by any measure Todays Job Report was not bad, it was flat out awful. Imagine if you will just for a moment, had President Trump had an numbers that came in 700,000 jobs short, bu
Rates and our Balance Sheet, will ensure that we will continue to deliver powerful aid to the economy until recovery is complete. Widespread vaccinations along with unprecedented actions are also providing strong support. Since the be getting of the year, indicators of economic activity has strengthened. Household Household Spending on goods has risen robustly. The sector has more than fully recovered from the downturn, Wall Business and Manufacturing Production have increased. Spending on services has also picked up, including at restaurants and bars. Generally, the sectors of the economy most adversely affected by the pandemic remained weak but show improvement. While the recovery has progressed more quickly then generally expected, and remains uneven and far from complete. The path of the economy continues to depend significantly on the course of the virus and the measures undertaken to control its spread. Since march, progress on vaccinations has limited the number of new cases, ho
Today my colleagues on the fomc and i kept interest rates near zero and maintained our sizeable asset purchases. These measures, along with our strong guidance on interest rates and on our Balance Sheet, will ensure that monetary policy will continue to deliver powerful support to the economy until the recovery is complete. Widespread vaccinations along with unprecedented fiscal policy actions are also providing strong support to the recovery. Since the beginning of the year, indicators of economic Activity And Employment have strengthened. Household spending on goods has risen robustly. The Housing Sector has more than fully recovered from the downturn, while Business Investment and Manufacturing Production have also increased. Spending on services has also picked up, including at restaurants and bars. More generally, the sectors of the economy most adversely affected by the pandemic remain weak but have shown improvement. While the recovery has progressed more quickly than generally
of the blocks? it s a busy half hours so let s get started. the international chamber of shipping has called on more countries to remove trade barriers to give the global economy a much needed boost. in a new report, the ics says that if restrictive trade policies were removed, it would support the global economic recovery from covid i9 by 3.4%. of the 46 maritime nations assessed, it found the most restrictive included egypt, kenya, thailand and argentina. the ics added developing economies would experience an even greater increase of 7%, if they reduced their restrictions in a modest and equal way. esben poulsson is chairman of the international chamber of shipping. welcome to the programme. so what could cutting restrictive trade policies look like? well, ironically, tariffs themselves which is what most people are familiar with, have, in many cases, been reduced somewhat, but what we are really looking at is reducing non tariff restrictions, which is discriminatory trea
securing a hotel room for the 620 summit in hamburg. so today we want to know what you have missed out on by waiting too late to book? just let us know use the hashtag bbcbizlive. hello and welcome to business live. we start in hamburg, germany where as you ve been hearing, leaders of the 620 group of the world s top economies are gathering. concerns over free trade and the environment are high on the agenda. but for europe equally pressing is the migration crisis. record numbers of migrants from sub saharan africa have been heading into the eu increasingly across the mediterranean via italy as this map shows. the final destination for many is 6ermany where migration related costs are projected to top $100bn by 2020. chancellor angela merkel has made it clear that she thinks other countries must shoulder more of the burden last year alone 6ermany saw almost three quarters of a million people apply for asylum. there are fears that climate change and poverty could drive