debt payments new loans are currently negotiated between the government and adders and the international monetary fund as well as private lenders recent talks have been complicated but economy minister martin guzman is optimistic. the restructuring was necessary condition through. argentina's microeconomic problems not a sufficient one segment on top of a market economy crisis that we're suffering and the country suffer from april 20. 8th and then. and that deep in the programs where we're here on our feet and $21.00 is going to be a better year. how much better for 2021 whose money expects his country's economy to grow by 5 percent. ditto you see how he is following the numbers for us there are so many things wrong with the argentine economy a falling peso surging inflation extremely high poverty what makes the economy minister so optimistic about growth because next year well 5 percent growth sounds very good at 1st but now. if you are coming from deep contraction of your economy of a 10 or 11 percent which is what we'll probably see in the end of this year so it is true that this is not really an a

and while the international monetary fund warns of a rise in inequality due to the pandemic one leading charity says the lender of last resort is still dishing out loans that require the countries to hack back at public services. before politics despite u.s. and european opposition germany pushes ahead with a gas pipeline that cements its dependence on russia but also increases germany's dominance of the rest of europe. on a country's finances are in a mess and the lender of last resort needs to step in a bailout comes with conditions mostly draconian austerity measures but governments have also been known to implement them for ideological reasons the international monetary fund has recognized that maybe austerity is not the best course of action and it can in fact make matters worse with bad damage the i.m.f. now says governments should spend spend spend and not worry about the finances until a recovery is embedded some would say the death of austerity should not be mourned why well let's take a look at a few case studies. from recent history under the i.m.f. european central bank and

s and these include increasing resources available to the international monetary fund soon you allocation of special drawing rights to the benefit of developing countries and the voluntary relocation of a new special drawing rights i hope the g 20 dept initiatives will be broadened so that all vulnerable developing countries are eligible including middle income countries that need relief in the longer term we need to reform global architecture to enhance depth transparency and sustainability i'm pressing for these policies in my own you know my global engagements most recently at the g 20 ground already formed united nations country teams led by a new generation of resident correlators and largely sank to the impact of the reform being able to support the governments in developing national response and recovery plans excellencies looking ahead the recovery from 19 must address the preexisting conditions it is exposed and exploited from gaps in basic services to an overheated planets stronger our systems universal health coverage must be a priority since 2007 the world us organization as t

struggling to afford food it's a deadly cycle that's affecting the entire country according to international monetary fund estimates peru's economy is set to shrink by 14 percent this year and small farmers in the countryside are suffering badly. there's a lot of unemployment and poverty has increased the food security situation will be complicated for our country like for all of latin america. the last government only provided state aid to larger agribusinesses the new president francisco's a guy in office since mid november has promised to change that and it's high time many farmers can no longer afford to even buy seeds for next year's harvest. that's some of the other business stories making the news the u.s. added 245000 jobs last month that's far lower than expected as the country's economic recovery is hampered by rising coronavirus cases unemployment fell slightly to 6.7 percent analysts say the news may add urgency to faltering talks in congress on a new relief package. for ways finance chief among one joe who is currently detained in canada could be allowed to return to china the wall street jou

debt payments new loans are currently negotiated between the government and iris and the international monetary fund as well as private lenders recent talks have been complicated but economy minister martin guzman is optimistic. the restructuring was necessary condition through. argentina's microeconomic problems not a sufficient one segment on top of the american economy crisis and we're suffering and the country to suffer from april 20. 5th and then he did and that deep in the programs where we're here on our feet and 20 one's going to be a better year. how much better for 2021 who's money expects his country's economy to grow by 5 percent. has is following the numbers for us how there are so many things wrong with the argentine economy of falling peso surging inflation extremely high poverty what makes the economy minister so optimistic about growth because next year well 5 percent growth sounds very good at 1st but not if you are coming from deep contraction of your economy of water. or 11 percent which is what we'll probably see in the end of this year so it is true that this is not really an a

contact tracing with cell phones that's why taiwan is one of the few countries where the international monetary fund does not expect economic to decline. the taiwanese to test it expects growth of 2.5 percent in 2020 rising to 3.9 percent in 2021 although given taiwan is dependent on exports overseas markets need to recover fast. speaking of the situation right now the most important aspect is that the pandemic is still gaining ground in europe and america some cities are locked down in europe and their economic growth has slowed but this is not likely to recede in america as long as cities are not locked down will be blessed with the shopping peak season of q 4 in this case taiwan's year and exports can still reach a high so if you look at taiwan's economy it's still on a path to recovery. more than 40 percent of taiwanese exports head to china but tensions with beijing have been mounting of late china does not recognize taiwan's government and for decades has threatened to take over the small self ruled island by force if necessary. let's bring in in taipei so good morning or i should say good eve

debt payments new loans are currently negotiated between the government and others and the international monetary fund as well as private lenders recent talks have been complicated but the economy minister martin guzman is optimistic. the restructuring was necessary condition through. argentina's microeconomic problems not a sufficient one segment on top of the american economy crisis that we're suffering and the country to suffer from april 20. 5th and then he called me that deep in the programs where we're here on our feet. $21.00 is going to be a better year. how much better for 2021 whose money expects his country's economy to grow by 5 percent. a french ministry has fined the city of paris for hiring too many women for senior positions the 90000 euro penalty is based on a strict reading of a 2013 nor which says one gender cannot account for more than 60 percent of nominations to senior positions in 2018 the city had 11 women and 5 men in senior roles technically 2 women to many areas mayor and he dug or called the fine absurd and said the room is no longer on the books. well spain's 1st fashion f

assets the next big hope is for a new program for the international monetary fund.: on the story question specifically, and you have connected two of their rallying in soybean prices, how much is it hampering global supply? how much of the country's soybean product is getting out? talk about that specific bottleneck, and some of the ramifications of it. carolina: yeah, what we know is that there is about 151 ships waiting to leave. so that has had an impact on global soybean prices. and on the markets in chicago. so this strike has been ongoing been december 9, it has several weeks already. so today, the argentine government started getting involved and labor ministry is now involved in the talks. there is a lot of anticipation for resolution. investors and grains markets are looking forward to finding out whether this will be resolved before the new year. romaine: what happens here? we are showing pictures of these boats, these barges right now parked presumably off of the coast, just waiting for some sort of guidance as to what is going to happen. do some of these

david: the imf stands for the international monetary fund. ou ever thought of changing to say it stands for i am fair, i am friendly? wouldn't that be better? kristalina: i love that. [laughter] most people here in the fund says it stands for, it is mostly fiscal. but i much prefer the definition you gave. and actually, this is what i would relentlessly work for. we at the fund, to always think of the people whose lives are impacted by the policies we recommend. david: you are the most prominent person in the west from bulgaria as far as i know. maybe there is someone else, but i cannot think of anyone else. so i assume you can go to bulgaria whenever you wanted to and run for president of bulgaria. i do not know if that is a better job than the one you currently have. have you ever thought of running for office, or are you happy where you are? kristalina: i always take the job i have as what takes my full concentration. i pour my heart in it. i never, ever think of what is next. so, as long as i am the head of the imf, it is the imf and the m

at the start of the pandemic, iran wanted billions of dollars from the international monetary fund.fused. i ran blamed the united states. the foreign minister has been speaking and he said the united states is waging an economic war that has cost many lives and said they were not able to purchase medicines to deal with covid patients. >> aid workers say thousands of refugees are being coerced into moving a remote island of bangladesh, which the u.n. warns is prone to flooding. nearly one million refugees have been living in squalid camps in southeast bangladesh after fleeing violence in myanmar. they are refusing to return without guarantees for their safety and rights. >> suddenly take 100,000 people to an isolated island that is prone to cyclone, title wave. the government says we have spent 280 million. there are clusters of cyclone shelters and hospitals. one of the primary reasons refugees are concerned because there is no formal education in the camp or in that island. talking to a lot of them, many say they are not interested despite having the infrastructure facilities. the

mean that vietnam is the only country in southeast asia on track for growth this year the international monetary fund says that vietnam's economy is expected to grow 2.4 percent. as a result the government has poured money into new roads and bridges creating new jobs the infrastructure is necessary because vietnam's manufacturing sector is booming many american companies like apple have shifted production from china to vietnam to avoid tariffs due to the ongoing us china trade war vietnam's exports to the us increased by 23 percent in the 1st 3 quarters of the year as consumers bought more laptops and other home office equipment many of those products made in vietnam. and finally coronavirus restrictions on the prospect of a new deal bracks are on the minds of many brits this christmas but seems a lot of them are seeking comfort in festive tradition the british christmas tree grow as association and yes that's a real business group says tree sellers have taken off this year in particular among 1st time buyers who see it on the especially popular of bigger and fuller trees travel restrictions mean mor

contact tracing with cell phones that's why taiwan is one of the few countries where the international monetary fund does not expect economic to decline. the taiwanese statistics bureau expects growth of 2.5 percent in 2020 rising to 3.9 percent in 2021 although given taiwan is dependent on exports overseas markets need to recover far. speaking of the situation right now the most important aspect is that the pandemic is still gaining ground in europe and america some cities are locked down in europe and their economic growth has slowed but this is not likely to recede in america as long as cities are not locked down will be blessed with the shopping peak season of q 4 in this case taiwan's year and exports can still reach a high so if you look at taiwan's economy it's still on a path to recovery. more than 40 percent of taiwanese exports head to china but tensions with beijing have been mounting of late china does not recognize taiwan's government and for decades has threatened to take over the small self ruled island by force if necessary. let's bring in in taipei so good morning or i should say go

with greece having being in a rears to the international monetary fund and not having any bailout money with no bailout on the horizon as it stands anyway thanks for being with us for the last 15 years from all of the team here in the german capital i'm peter all over for all to see if. i don't get me started on the channel shenanigans in the u.k. they were so desperate to find someone anyone who didn't like those unelected brussels bureaucrats one thing down waffles on taxpayers' money they want traipsing around the country asking peoples opinion. and then brag that happened now i don't want to fling around on founded accusations but it is quite a coincidence isn't it do you remember when julian a song was dragged out of london's ecuadorian embassy. the images and now iconic or rather notorious our video agency ruptly went round the clock for weeks constantly monitoring this building in order to make sure that the ecuadorian government of the. leaks founder as well as his symbol 10 years arrest by the british police with captured for all the world to see. the channel's reporters also w

structures and if we look at the international monetary fund's predictions we can see that not many countries have already released drug and the forecasts that we have now suggest countries like italy france britain and many others will be seeing a loss of 10 percent g.d.p. this year and then there's a group like the ass germany. we are in this middle range as well astray live 4 to 5 percent drop in. g.d.p. and then there are countries like china who have plus 9 percent of this year's well people come back in the same. virus. so that means that we need to do everything in our power to ensure that the path of full recovery that we have experienced in the 3rd quarter after the huge drop in the 2nd quarter can continue and we should put do everything we can to ensure that the forecast that 2022 we will reach the level we were before the crisis come true. and what we always need to bear in mind is that across the globe we are seeing that business is most resilient economies are most resilient where the pandemic is under control it is not about fighting for health against education culture and the

start of this pandemic around march this year iran wanted billions of dollars from the international monetary fund that was refused again iran blamed the united states in fact today foreign minister divides the reef has been speaking and he said the united states has reached an economic war against iran that's cost many lives and they were able to purchase medicines to deal with patients. well the us is still the worst affected country by far but whedon state reports its highest daily death toll since april according to johns hopkins university there were more than 2800 deaths recorded in a single day in for the 1st time daily hospital missions across the us top 100 thousands in a day 200000 new infections were also reported neither the heads of the u.s. census for disease control warns that by february another 200000 people could die from the corona virus so we're in that range potentially now of starting to see if seen 100 to 2000 to 2500 deaths a day. from this far so you know that mortality concerns are real. and i do think unfortunately before we see february we could be close to foreign 5000

with greece having being in a rears to the international monetary fund and not having any bailout money with no bailout on the horizon as it stands anyway thanks for being with us for the last 15 years from all of the team here in the german capital i'm peter all over for r.t. burley. that's a wrap up of the day's headlines but all those stories have been quite a thirst for news head on over to our web site r t v dot com. imagine picking up a future textbook on the early years of the 21st century what are the chapters called gun violence school shootings. first it was my job it was my field it was my savings i have nothing i have nothing it is not like i don't try i look for resources i look for jobs i look for everything i can to make this house. and all i end up doing is. the road to the american dream paved with dead refugees it's this very idealized image of our needs americans took hostage the deaths that happen every single day this is a modern history of the usa by america. welcome to the alex savage of acting cavalry is coming over the help and not a moment too soon this week va

with greece having being in a rears to the international monetary fund and not having any bailout money with no bailout on the horizon as it stands anyway thanks for being with us for the last 15 years from all of the team here in the german capital i'm peter all over frothy burley. yeah even george stay where there's a place when he was on the way they sworn in to stay with his subjects and often. one else chose seemed wrong. but old clothes just don't hold. any you get to shape out just to become educated and in detroit equals betrayal. when so many find themselves worlds apart we choose to look for common ground. max kaiser financial survival guide liquid assets are those that you can convert music that's quite easily. to keep in mind though our system into a pleasure to watch because you're bored. imagine picking up a future textbook on the early years of the 21st century what are the chapters called gun violence school shootings. first it was my job it was my fear was living with my siblings i have nothing i have nothing that is no longer true aloof or resources i look for jobs i l

with greece having being in a rears to the international monetary fund and not having any bailout money with no bailout on the horizon as it stands anyway thanks for being with us for the last 15 years from all of the team here in the german capital i'm peter all over see burley . thanks for staying with us tonight as well up next with corona virus vaccines being deployed globally the un examines show speaks the leading experts about whether the vaccine cavalry has now come over the hill in times of rescue humankind backing off the latest headlines join us again that. good and only welcome to the alex savage the vaccine cavalry is coming over to help and not a moment too soon this week vaccinations against corporate started across united kingdom where the 4 administrations are all struggling with containing the virus while sustaining the according in england open puts kora votes has broken out in the ranks of the governing conservative party and public dissent was reflected in ugly scenes in the streets of london the weekend before last. the national loped and england has come to an end

start of this pandemic around march this year iran wanted billions of dollars from the international monetary fund that was refused again iran blamed the united states in fact today foreign minister jihads reef has been speaking and he said the united states has reached an economic war against iran that's cost many lives and said that they were able to purchase medicines to deal with covert patients the united nations has held a special session of the general assembly to discuss the coronavirus crisis the u.n. secretary general has called for a unified response but also his house that wealthier countries for not doing enough to help developing nations. for the 1st time since 945 entire world is confronted by a common threat regardless of nationality at the city of face the world us organization provided factual information and scientific guidance that should have been the basis for a court of the native global response and fortunately many of these recommendations were not followed and in some situations there was a rejection affects and and ignore those of the ivans. and when countries go in thei

start of this pandemic around march this year iran wanted billions of dollars from the international monetary fundthat was refused again iran blamed the united states in fact today foreign minister jihads reef has been speaking and he said the united states has reached an economic war against iran that's cost many lives and they were able to purchase medicines to deal with patients. aid workers say thousands of refugees are being coerced into moving to a remote island off bangladesh which the u.n. warns is prone to storms and flooding buses carrying hundreds of people left camps and called on thursday bound for the island to off. and 1000000 working the refugees have been living in squalid camps in southeast bangladesh assisting violence and meanwhile there are fusing to return without guarantees for their safety and rights of a child free has more from caucasus design or i thought only take 100000 people to isolated island which is 50 kilometer coast of bangladesh which is prone to. tidal waves the government will say we spent 218000000 with built on bark and there's clusters of villages shelters

says the money is there because the international monetary fund says that governments of spent $10.00 trillion dollars in responding to the pandemic but more is needed this. spight bass it's estimated that up to 100000000 people have been pushed into extreme poverty the i.m.f. says that further spending should focus on minimizing job losses and preventing a rise in inequality many nations are turning their attention to the recovery the european union has set aside $750000000000.00 euros for its recovery fund of which 25 percent is to be used for climate action we have 2 stories for you on poverty and jobs in a green economy at a moment now to serious nicola gage reports on how geo political tensions are putting pressure on the astray and government to invest in renewable energy as it recovers from the pandemic but 1st a story that's familiar in advanced and poorer nations alike up to 12000000 mexicans are estimated to dropped out of the workforce jews of the pandemic many are in danger of falling into extreme poverty al-jazeera as john holdren reports now from mexico city. to give vot

with greece having being in a rears to the international monetary fund and not having any bailout money with no bailout on the horizon as it stands anyway thanks for being with us for the last 15 years from all of the team here in the german capital i'm peter all over for all to see burley. someone else who had a significant part to play in the role of one part of europe during. those past 15 years is almost screens next the former 1st minister of scotland i like some of those jobs on his mind today stay focused. which is the point at which so i think it's an atmosphere highly active geology it's good it's for the border it's it's your it could. be us those 4 by all that is just far beyond our wildest imaginations. welcome to the alex savage the vaccine cavalry is coming over to help i'm not a moment too soon this week vaccinations that gets covered started across the united kingdom where the 4 administrations are all struggling with containing the virus while standing the economy and england open puts kora votes has broken nights and the ranks of the governing conservative party and pu

pandemic and lockdowns in april ghana received $1000000000.00 in emergency funding from the international monetary fund although debt remains a major concern leading presidential candidates aquaphor idle and mama have both promised to improve infrastructure ghana's finance ministry has projected the economy will grow by almost 6 percent next year while debt will be reduced. let's bring in al-jazeera is ahmed eateries live in a closet a polling station there so ahmed tell us how the voting has been going so far. so far only the voting has been going on very well the turn noticing for a civil war here in the capital and from what we hear across the regions people are turning out in numbers some people have been a polling stations hours before opened so it's very encouraging for for now and. officials are talking about a possible increase in the number of people coming to vote in polling stations in the later part of the day they expect numbers to go higher by afternoon remember these polls close at 5 pm local time which is just some 7 hours from now 7 or 8 hours from no a lot of people who are here in tr

start of this pandemic around march this year iran wanted billions of dollars from the international monetary fundthat was refused again iran blamed the united states in fact today foreign minister jihads reef has been speaking and he said the united states has reached an economic war against iran that's cost many lives and said that they were able to purchase medicines to deal with patients. take a look at the situation in some other countries where infections and deaths related turkey has been averaging around 30000 new daily cases for the past week and reported 187 deaths on thursday russia detected more than 28000 new infections and there were 554 deaths in uneasy reported a record 8369 daily caseload it has the highest number of infections and deaths in southeast asia and hungry has just recorded 182 virus related deaths its highest daily death toll since the outbreak began the u.n. general assembly is holding a special session on the pandemic a strongly worded opening statement so should general antonio terror's emphasize the need for a united response for the 1st time since $145.00 entire w

earlier in the year iran did apply to the international monetary fund for a $5000000000.00 loan to help them tackle the covert pandemic now that was rejected and iran blamed the united states could be that sometimes countries and companies are afraid to do business with iran because of those sanctions even if they are not directly impacted in the year iran purchased a flu vaccine from france and that was held in spain we believe in the health minister said that consignment was stopped by the united states so they actually blamed in ited states for stopping that flu vaccine getting to iran now iran did hit 1000000 kroner virus infections earlier this month is the worst hit country in the middle east but officials here say that they are working on their own covert vaccine and if trials are successful they hope to roll out in early early summer of 2021 will british scientists are now saying people with a history of significant allergic reactions shouldn't be getting the pfizer vaccine which is now being in been the state in the u.k. that was after 2 people who got the job suffered adverse

pandemic and knock downs in april ghana received $1000000000.00 in emergency funding from the international monetary fund although debt remains a major concern leading presidential candidates and mama have both promised to improve infrastructure ghana's finance ministry has projected the economy will go by a low 6 percent next year while lowering its debts. is covering this election for as joins us now live from the capital of gonna cry you are at a polling station in a crowd the largest one i understand ahmed tell us 1st how much enthusiasm there is for this election and was turnout likely speak. for the record it's been a very interesting day it would turn out across the city of across a decent. right over here over my shoulder a lot of people are queued up here to vote in this particular election by the way which really is since going to return to democracy and they will be choosing a president and 275 parliament. and like you said the 2 candidates of course have ended their campaigns 24 hours ago or more than 24 hours ago and are waiting for the people's verdict that what is happening right now is th

approachxpecting to the international monetary fund for a nonfinancial agreement to reassure investors when that expires? we are still in the current one. we have not finished yet. we have not looked at this year. with the imfhip .ill continue also, nothing is ruled out. previous one,he solutions.t for aed the imf nonfinancial arrangement. this was before covid 19. adjusted.-19 came, we say we need to leave some and nothing is ruled out. yousef: the other issue is around your reference to try to bring in more capital inflows. the last time we spoke you were trying to get your debt to become clear a bowl. what steps are outstanding and when will it finally get there? there were some , such asnts establishing a new company, make .dditional legal requirements requirements now, getting the company to manage it is clear. we are moving at a very good pace. our expectation is for progress in 2021. yousef: what about getting listed in the jp morgan bond index? that has been an absolutely critical factor, the emerging markets index. could we see that in the first half of 2021? min. maait: we ar

as under secretary of treasury, provided leadership on international affairs, with the international monetary fund did terrific work, and then leading the charge on international economics at citigroup. he's now with pgim and has had a terrific year melding economics into their global call on fixed income. nathan, let me go back here just a bit. in melding0 for you economics into the animals like greg peters? nathan: well, that's a great question. that is my challenge, but i hand isat the task at very much articulating an economic narrative, and the narrative for 2020 has been quite clear. it has been about viruses and lockdowns, and then bounce backs as that lockdown has eased and come back in again. i think are investors pay a lot of attention to what is going on in the macro, and also bring with them the micro market narrative. tom: someone that can do that is janet yellen. it will be the great transition from fed to treasury you know chair yellen quite well. what will janet yellen be like a secretary of the treasury? what will be her challenge in that political shift? nathan: i think the emplo

struggling to afford food it's a deadly cycle that's affecting the entire country according to international monetary fund estimates peru's economy is set to shrink by 14 percent this year and small farmers in the countryside are suffering badly. there's a lot of unemployment and poverty has increased the food security situation will be complicated for our country like for all of latin america. the last government only provided state aid to larger agribusinesses the new president francisco in office since mid november has promised to change that and it's high time many farmers can no longer afford to even buy seeds for next year's harvest. and finally here on day to be business singapore has become the 1st country to prove meat developed in a lab using animal cells it comes from us eat just where scientists spent 4 years working out how to grow edible chicken they isolated a handful of cells in a nutrient enriched solution and allowed them to multiply their feed them a mix of protein sugar and salt santa bioreactor and finally you get this here a tasty chicken bites apparently all without an animal being

we have had numerous meetings during the pandemic about how the world bank and the international monetary funding to support these very debt burdened developing countries struggling with covid-19. you have a global effort in europe, asia, the world bank, on the international monetary fund, along with the united states. ant: between now and eventual passage, what's the message to your fellow congresspeople about passing a bill on covid relief? guest: the american people, from business to health care, school and our governors, they want targeted covid-19 relief and we should, between now and december 18 find bipartisan agreement and send president trump a bill that he can sign into law. host: before you go, revisiting the topic of government funding, when do you think another bill will be passed and what is being worked on as far as extending the funding of government? guest: well, whenever you have a transition between president, you have a bigger debate about spending. i would hope that we would work to find consensus and fund of the government through september 30 of 2021 on a permanent basis

struggling to afford food it's a deadly cycle that's affecting the entire country according to international monetary fund estimates peru's economy is set to shrink by 14 percent this year and small farmers in the countryside are suffering badly. there's a lot of unemployment and poverty has increased the food security situation will be complicated for our country like for all of latin america. the last government only provided state aid to larger agribusinesses the new president francisco's a gusty in office since mid november has promised to change that and it's high time many farmers can no longer afford to even buy seeds for next year's harvest. and finally here on deja vu business singapore has become the 1st country to approve meat developed in a lab using animal cells it comes from us the eat just where scientists spent 4 years working out how to grow edible chicken they isolated a handful of cells in a nutrient enriched solution and allowed them to multiply their feed them a mix of protein sugar and salt cinna bioreactor and finally you get this here a tasty chicken bites apparently all without an

he helped organize the april 2000 protests in washington against the world bank and the international monetary fund 2001, the "financial times" credited ambrose with "trying to dismantle the world's financial architecture." and those are some of the headlines. this is democracy now!, democracynow.org, the quarantine report. when we come back, we will look at the growing movement to develop a people's vaccine. stay with us. ♪ [music break] amy: this is democracy now!, democracynow.org, the quarantine report. i'm amy goodman in new york joined by my co-host juan gonzÁlez in new brunswick, new jersey. hi, juan. juan: hi, amy. welcome to all of our listeners and viewers from around the country and around the world. amy: president-elect joe biden pledged tuesday to distribute 100 million vaccine shots in the first 100 days of his administration. biden's vow came on the same day britain began a mass vaccination program using a vaccine developed by pfizer-biontech. the vaccine is expected to be soon approved in the united states as well. as early as tomorrow. on tuesday, president trump held what he calle

one problem is we're continuing to use those institutions such as nato and, you know, the international monetary fundn some ways are not geared for the 21st century. so we have to have that burst of creativity that the wise men had 60, 70 years ago so we can have a new birth of creativity in figuring out how to face the 21st century challenges. don't forget that when you use phrases like the wise men or the best and the brightest there's a tiny slight, ironic twinge to it. because these people were very much part of an american establishment and sometimes they got too stuck into the establishment thinking. but took the wise men to come back in to power after the best and the brightest had helped us to get into vietnam to say that was a mistake, let's get out of vietnam. so we have to guard against too much establishment thinking. >> evan thomas, you also wrote a great biography on richard nixon, while of course, you say the word nixon and immediately your mind is fixed on watergate. what are some of the things that joe biden can learn from richard nixon? >> nixon was an arch communist, arch anticommu

for the 1st time in a quarter century africa is likely to fall into recession the international monetary fundexpects the economies of the sub-saharan countries to drop by 3 percent this year with gross domestic product falling in almost all of them how to states the seychelles and the riches with a drop of almost 15 percent that's due to a drastic drop interests during the pandemic zimbabwe is looking at a drop of 12 percent the picture also isn't looking good for botswana or south africa the un conference on trade and development says the world's poorest countries many of which are in africa will see another 32000000 people drop below the poverty line meaning they'll have to live on less than $2.00 a day let's take you over to our nairobi correspondent joy doreen beera so would it be right to say the coronavirus hasn't hit africa as hard as the experts predicted what's hitting hard at the economic consequences of this crisis. that's right ben and the economic consequences could be what africa is most concerned about because we have seen in several weeks there while the bank has released a re