A new economy which offers good jobs. Constructive for. Developing that finds of interest structures social environmental structure physical structure that we need the kind of goods that we need to live a decent life and thats the other half of the Green New Deal it is essential for not only for survival but for Health Issues you mention corona virus how does coronavirus alter your analysis given that corona virus threatens corporate profits interstate lee it does not yet. Sure retton most corporate profits many corporations are making money hand over d fist of that high tech for example and it was one day in which jiffies us. 13000000000. 00 or theyre going to hedge funds private equity funds old doing because the treasurer is poor and money into the economy in a way which largely benefits them if you take a look at the economy take the United States but its world would the stock market is breaking records however hes referring records theyre totally dissociated and thats. A sign of t
Bloomberg surveillance. This is what the markets are focusing on. There is quite a lot of m a news. That is giving a lift to the market. What im looking at is a couple of technology stocks. Couple of other things such as crude oil edging higher, so does gold. Global shares off a back to back decline. To bloomberg first word news in london. Optimism over a coronavirus vaccine. Pfizeref executive of says its likely it will by the end of the year. They say theyre dependent on Regulatory Approval but says the firm has a good chance of knowing the efficacy by the end of october. Secretaryief cabinet won the race to replace shinzo abe. National in the group will use this majority to install him as Prime Minister in a vote on wednesday. The uks justice secretary has warned he may quit over the government plans on brexit. He says it hasnt reached that stage just yet. The controversial rule has this week. Boris johnson is facing a growing rebellion to override part of the divorce agreement alre
Within a few decades. Would go all the Green New Deal is to provide the means to do that the other problem which is arising with great hurry right now is the collapse of the economy as a result of the endemic no it is you know this is a very different kind of crisis from the financial crisis this time there is no escape through just consumers or oring money in the. Stock market thats not going to do it he said we have to create a new economy which offers good job or constructive for. Developing the times of interest structures social environmental structure physical structure that we need the kind of goods that we need to live a decent life and thats the other half of the grid new deal it is essential for not only for survival but for Health Issues you mention corona virus how does coronavirus alter your analysis given that corona virus threatens corporate profits interstate lee it does not yet. Sure retton most corporate profits many corporations are making money hand over d fist of t
And the aflcios Richard Trumka talks about Union Members and campaign 2020. Then priorities usa chairman guy cecil talks about his super pacs role in the election. Washington journal is next. Ccept yours i a nomination for Vice President of the United States of america. That was californias democratic senator, kamala this is the washington journal for august 20. Joe biden will accept his nomination. You can see that starting at 9 00 this evening. For the next hour your comments on the event of the Democratic Convention including senator harriss acceptance speech. Yo if you support joe biden, 202 7488000. If you support President Trump, 202 7488001. If you are undecided, 202 7488002. You can text us at 202 7488003. Cspanwj, and you can post on our facebook page. Our coverage starts at 9 00 tonight for the final night of the Democratic National convention which you will hear from joe biden and senator cory booker and the former mayor of south bend indiana, former president ial candidate,
Old doing because the treasurer is poor and money into the economy in a way which largely benefits them if you take a look at the economy take the United States but its world will the stock market is breaking records poverty is riffing records theyre totally dissociated and thats. A sign of the eat disease of the economy which then only be overcome by the development of the policies. Outlined in the details of the Green New Deal proposals what do you make of the continuing corporate reframing of the Climate Crisis its up to ordinary people to recycle to buy organic food its up to them rather than the need for systemic change naturally those who benefit from existing institutions do duck under see them changed not which is a fairly good to tell it area dictatorship and there are problems the dictator isnt going to say overthrow me well thats analogous to what youre describing the core of the problem is the. Massive. Production for private profit not for need and the you should the fossi