Growth Implications News Today

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 — hes popular amongst his supporters — someone they see as a champion of traditional values. but his administration wa...

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...

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 dont 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 its so interesting, laura, that blistering, as jasmine said, from jen psaki. they ...

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, thats 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 ...

Back better plan. also today, u.s. stocks fell as omicron fears trigger stricter measures to contain the highly contagious new variant. cnn business reporter matt egan joins us now. so lets start with goldman sachs. whats it saying now about this dimmer economic outlook? >> well, victor, goldman sachs is saying that the apparent demise of build back better means the economy in 2022 is not going to grow as fast as they thought it would. just hours after joe manchin announced his opposition to the...