women the pandemic is further widening divides in wealth and economic mobility i'm joined now by arthur sullivan from the business and chelsea delaney our financial correspondent in frankfurt and welcome to both of you arthur let me start with you president trump call of the talks with democrats how badly is this kind of aid needed that's very very badly needed because there's been various economic elements to the pandemic in the usa so in the 1st few months of the pandemic there was a very substantial multi-trillion dollar aid package successfully passed by congress however chris since july the end of july a lot of those benefits have dried up particularly for unemployed people and federal supplements on employment benefits so individuals households small businesses and large businesses badly need a new injection of cash democrats of all something but now this possible delay will create further headaches for all those individuals and if we look at for example the airline industry which is obviously the large businesses several large airlines just last week had to temporarily lay off tens of tho

here we go we're joined now by arthur sullivan from our business team here in the studio and by chelsea delaney our financial correspondent in frankfurt good data both of you arthur prison trump has called off the talks with the with the democrats how badly is this going to affect unemployment right now well the situation with unemployment has been bad for quite some time and has been looking quite worse so the initial economic recovery from the 1st wave of the pandemic the early months of the year has been slowing and a lot of the economic and job data suggest that new jobs are not being created and that some of the layoffs are becoming permanent so this obviously this latest news means that there's more delays for businesses for large and small businesses and for have souls and individuals who need money to plug some of the gaps whether that's in their household income or to try and you know pay some of the bills that obviously have accumulated for businesses that are struggling and in the middle of the pandemic so it delays that it causes further uncertainty hands on care whether som

wealth and economic mobility so what does all this mean i'm joined joined now for more on that by arthur sullivan from our business team here in berlin and by chelsea delaney our financial correspondent in frankfurt good day to both of you are there president trump calling off the talks with the democrats what does this mean for the aid that's needed right now to get unemployment down and said about 8 percent right now well brian in the short term remains the it is obviously not coming and at the moment a lot of the economic data coming from the us suggests that the recovery is not just slowing it has stopped so it's quite urgent for various businesses for households and obviously for unemployed people to get money through as quickly as possible because when you are in shortfalls in these situations delay is not your friend even if you may have hopes of recovering in the longer term if you don't get the money in the short term it's no good so for example a lot of the unemployment benefits which were processed during the 1st wave of relief which was in the earlier stage the pandemic that dried up

arthur pepucci served our country. thank you for your service happy 100th to june sullivan from rockport, massachusetts, volunteered in00 years. retired from job as patent attorney when he was 75. lee peterson turning 100 in north carolina married to the love of his life for 70 years he says the secret to longevity is saying, "yes, dear. >>> little more celebrating? >> yes. >> my today plaza folks, y'all are all looking good today i am searching for the cruzy family in iowa bring them up full >> hi, guys. >> alyssa, wade, larkin, lola, and vida it is a big day today. alyssa, it's your birthday now -- >> yeah. >> i don't know if you'll be getting some presents, but you do have one gift you'd like to n't you take it awayrs >> girls, i have something to give you for my birthday. >> what? >> i'm going to show you i'll give each of you one of these. >> what is it? >> a baby. >> oh! >> we're going to have a baby! >> you are >> yay >> you're going to be big sisters! wow. >> wow >> what do you think >> i think one is in shock >> what do you guys think? >> two out of three is not bad >> yeah. >> are y'all excited >> yeah! >> w