Evictions beneath the shiny veneer of saudi arabias planned mega city and a virtual vigil in the us for a black man shot dead while jogging in georgia after the arrest of a father and son but his murder. For weeks we have seen the lines of the food banks stretching for kilometers the job center is overwhelmed with people it is given us a picture of how badly the u. S. Economys been hit by covert 19 but now we have the most concrete figure yet and it is 14. 7 percent that is the Unemployment Rate for april which tripled from the month before put another way were talking about more than 20000000. 00 jobs gone and some perspective now this is worse than the financial crisis old a recession which followed the financial crisis of 2008 it also creates a new post will recall that was previously set in 982 when unemployment regionally 11 percent so it is no exaggeration to say going right back this is the worst crisis for the u. S. Economy since the Great Depression of the 930 s. When one in e
And we start with the latest on the greek debt crisis. Tonight, the Prime Minister said that he has submitted a new proposal to the euro zone. This wednesday all 28 leaders will gather to try to det get a deal to rescue greece. The president encouraged them to come to a agreement to keep greece in the euro zone. The alternative could be devastating to greek businesses. The foot of mount hamito, christophs grapes are ripening fast under the assurance and they wont wait for greece to solve its financial problems. If they arent picked in september, he will be ruined. He cant get money from the bank to pay his precious suppliers. Very soon the harvest starts and then everything needs to happen. I only hope that a solution will be found soon. Wine is one of greeces old effort industries. Christoph inherited his vineyard from his father. But he needs more than generations of expertise to save it now. Almost everything in this vineyard apart from the grapes themselves is important. The glass
Greece to set an example . Will greece leave the eurozone . What does this mean for the Global Economy . We will go to athens to speak with paul mason and in the United States economist Richard Wolff will join us in new york. He will also look at the rise of democratic socialist president ial candidate Bernie Sanders as he draws the largest crowds of the 2016 race democrat or republican. All that and more coming up. Welcome to democracy now , democracynow. Org, the war and peace report. Im amy goodman. Greek Prime Minister Alexis Tsipras has arrived in brussels for an emergency euro zone summit two days after greek voters overwhelmingly turned down the terms of an international bailout in a historic rejection of austerity. On sunday, greeks by a 61 to 39 margin voted against further budget cuts and tax hikes in exchange for a rescue package from european creditors. Tsipras is scrambling to present a new bailout proposal as greek banks remain shut down. If greek banks run out of money a
Budget cuts and tax hikes in exchange for a rescue package from european creditors, who is to blame for the debt crisis embroiling greece . Is germany trying to crush greece to set an example . Will greece leave the eurozone . What does this mean for the Global Economy . We will go to athens to speak with paul mason and in the United States economist Richard Wolff will join us in new york. He will also look at the rise of democratic socialist president ial candidate Bernie Sanders as he draws the largest crowds of the 2016 race democrat or republican. All that and more coming up. Welcome to democracy now , democracynow. Org, the war and peace report. Im amy goodman. Greek Prime Minister Alexis Tsipras has arrived in brussels for an emergency euro zone summit two days after greek voters overwhelmingly turned down the terms of an international bailout in a historic rejection of austerity. On sunday, greeks by a 61 to 39 margin voted against further budget cuts and tax hikes in exchange f
Budget cuts and tax hikes in exchange for a rescue package from european creditors, who is to blame for the debt crisis embroiling greece . Is germany trying to crush greece to set an example . Will greece leave the eurozone . What does this mean for the Global Economy . We will go to athens to speak with paul mason and in the United States economist Richard Wolff will join us in new york. He will also look at the rise of democratic socialist president ial candidate Bernie Sanders as he draws the largest crowds of the 2016 race democrat or republican. All that and more coming up. Welcome to democracy now , democracynow. Org, the war and peace report. Im amy goodman. Greek Prime Minister Alexis Tsipras has arrived in brussels for an emergency euro zone summit two days after greek voters overwhelmingly turned down the terms of an international bailout in a historic rejection of austerity. On sunday, greeks by a 61 to 39 margin voted against further budget cuts and tax hikes in exchange f