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white house's demand for five point seven billion dollars for a border wall now analysts a standard and poor's say the shutdown cost six billion dollars mostly due to lost productivity and weakened economic activity the council of economic advisors within the white house picks the cost even higher estimating a weekly loss of point one three percentage points of quarterly gross domestic product according to their numbers the month long dispute could cost the economy about twenty six billion dollars and it could all get even more expensive the current agreement will last for three weeks it is unclear what happens then. joining me now is our man on wall street yes carter welcome to the program. varying estimates there in terms of just how much the shutdown will end up costing the american economy how confident is the government that these costs will be recovered . yeah at this point it is rather difficult to really put a price tag on the damage from the congressional budget office we get the official numbers so to speak that the u.s. economy might have been affected in the amount of eleven billio
white house's demand for five point seven billion dollars for a border wall now analysts a standard and poor's say the shutdown cost six billion dollars mostly due to lost productivity and weakened economic activity the council of economic advisors within the white house picks the cost even higher estimating a weekly loss of point one three percentage points of quarterly gross domestic product according to their numbers the month long dispute could cost the economy about twenty six billion...
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white house's demand for five point seven billion dollars for a border wall now analysts to standard and poor's say the shutdown cost six billion dollars mostly due to lost productivity and weakened economic activity the council of economic advisors within the white house takes the costs even higher estimating a weekly loss of point one three percentage points of quarterly gross domestic product according to their numbers the month long dispute could cost the economy about twenty six billion dollars. and it could all get even more expensive the current agreement will last for three weeks it is unclear what happens then. u.s. president donald trump promised his controversial tax plan would be like quote rocket fuel for the u.s. economy but it seems trump's tuck's rocket was a dud according to a new survey the one point five trillion tax cuts trump signed into law has no measurable impact for most u.s. companies investment or hiring plans that's according to a survey released by the national association of business economics a four eighty four percent of respondents said the massive tax cut had l
white house's demand for five point seven billion dollars for a border wall now analysts to standard and poor's say the shutdown cost six billion dollars mostly due to lost productivity and weakened economic activity the council of economic advisors within the white house takes the costs even higher estimating a weekly loss of point one three percentage points of quarterly gross domestic product according to their numbers the month long dispute could cost the economy about twenty six billion...
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financial distress the economic costs of the shutdown is adding up estimates by a rating agency standard and poor's put the cost of the last government shutdown in twenty thirteen at twenty four billion dollars it decreased the gross domestic product growth rate from three to two point four percent this time around analysts put the cost of a full government shutdown at six point five billion dollars a week however the current situation affects only about a quarter of government spending and just under half of all federal employees only a small fraction of those employees live in and around washington d.c. the rest of the country is affected too particularly communities with large government offices and those located near national parks. people can still come and hike in death valley national park however there are a lot of visitor services that are closed down and some areas of the park that are closed. with some operations closed tourists are spending their money elsewhere local businesses are missing out meaning the government shutdown is affecting not only federal employees but the private secto
financial distress the economic costs of the shutdown is adding up estimates by a rating agency standard and poor's put the cost of the last government shutdown in twenty thirteen at twenty four billion dollars it decreased the gross domestic product growth rate from three to two point four percent this time around analysts put the cost of a full government shutdown at six point five billion dollars a week however the current situation affects only about a quarter of government spending and...
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white house's demand for five point seven billion dollars for a border wall now analysts to standard and poor's say the shutdown cost six billion dollars mostly due to lost productivity and weakened economic activity the council of economic advisers within the white house takes the cost even higher estimating a weekly loss of point one three percentage points of quarterly gross domestic product according to their numbers the month long dispute could cost the economy about twenty six billion dollars. and it could all get even more expensive the current agreement will last for three weeks it is unclear what happens then. taxi drivers in spain blocked one of madrid's major thoroughfares over the weekend to vent their anger override. the drivers are demanding further restrictions on the service which they say unfairly on the business the spanish government already agreed to clamp down on including capping licenses for new drivers but the taxi drivers say the new regulations don't go far enough. and before i let you go we'd like to leave you with a special request and bring us closer to you and your
white house's demand for five point seven billion dollars for a border wall now analysts to standard and poor's say the shutdown cost six billion dollars mostly due to lost productivity and weakened economic activity the council of economic advisers within the white house takes the cost even higher estimating a weekly loss of point one three percentage points of quarterly gross domestic product according to their numbers the month long dispute could cost the economy about twenty six billion...
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white house's demand for five point seven billion dollars for a border wall now analysts to standard and poor say the shutdown cost six billion dollars mostly due to lost productivity and weakened economic activity the council of economic advisers within the white house picks the costs even higher estimating a weekly loss of point one three percentage points of quarterly gross domestic product according to their numbers the month long dispute could cost the economy about twenty six billion dollars. and it could all get even more expensive the current agreement will last for three weeks it is unclear what happens then. and staying in washington u.s. president donald trump has lifted sanctions on a number of companies linked to russian oligarch oleg deripaska the firms in question include the j.s.c. power company and aluminum giant resolve their pastas an ally of russian president vladimir putin and is currently being investigated as part of robert miller's probe into alleged collusion between moscow and trump's twenty sixteen presidential campaign u.s. treasury department said the decision to
white house's demand for five point seven billion dollars for a border wall now analysts to standard and poor say the shutdown cost six billion dollars mostly due to lost productivity and weakened economic activity the council of economic advisers within the white house picks the costs even higher estimating a weekly loss of point one three percentage points of quarterly gross domestic product according to their numbers the month long dispute could cost the economy about twenty six billion...
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Jan 28, 2019
01/19
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standard and poor's said it cost the economy $6 billion. ty back inre business, but the repercussions of the shutdown continue to be felt. workers will return to huge backlogs and missed deadlines. places like nasa and the internal revenue service are affected. a watchdog group for the irs said it could take a year for the tax collector to catch up. tax season starts this monday and there could be a ripple .ffect on refunds this year though trump has promised back pay for civil servants, the reprieve may be short-lived. he has promised another shutdown in february if he doesn't get congressional backing for his u.s.-mexico border wall. genie: in sudan, people turning out for over a month to demand the president and his three--- end his three-decade rule. rights groups say the death toll is high. speaking on a is it cairo, he blamed the media for exaggerating the dissent in the country. >> internationally and locally, the media is trying to reflect on sudan's situation. we admit there is a problem. it is not on the scale some e of the medidia
standard and poor's said it cost the economy $6 billion. ty back inre business, but the repercussions of the shutdown continue to be felt. workers will return to huge backlogs and missed deadlines. places like nasa and the internal revenue service are affected. a watchdog group for the irs said it could take a year for the tax collector to catch up. tax season starts this monday and there could be a ripple .ffect on refunds this year though trump has promised back pay for civil servants, the...
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Jan 23, 2019
01/19
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BBCNEWS
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i am curious to know how standard and pooras am curious to know how standard and poor as we calculatethere are a couple of things, is look at. they are going through the wages that are being withheld, they are adding them up and trying to then assume how much thatis and trying to then assume how much that is costing in output, the fact these government functions are not taking place. they are looking at the consumer spending that is not happening as a result of this because workers who have not been paid, there are contractors who have not been paid. that means it for a simple they might not be going out for a meal or are not spending money on transportation getting to or from work. all of these are being used to estimate and is important to make that point clear that these are at this pointjust estimates. we also have one from the white house itself saying how this will affect growth in us and not the cost so much on a weekly or monthly basis but how much they think it will cost economic growth in america for the first three months of this year. at the moment, the white house council
i am curious to know how standard and pooras am curious to know how standard and poor as we calculatethere are a couple of things, is look at. they are going through the wages that are being withheld, they are adding them up and trying to then assume how much thatis and trying to then assume how much that is costing in output, the fact these government functions are not taking place. they are looking at the consumer spending that is not happening as a result of this because workers who have not...
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standard and poors cut their credit rating. governor newsom had a somber conversation with pg&e executives about the company's solvency. the governor is finalizing the names of the three commissioners he'll be appointing to come up with answers. >> i try to be -- my role is to protect your interests, not pg&e's interests, but sometimes the interests may align. that's where this gets complicated. >> yesterday pg&e announced that three executives were retiring at the end of the month, marking a change in their leadership. governor newsom also talked about his new budget. it will had $305 million to fire mitigation efforts, including over 200 million directed at cutting brush and creating fire breaks. >>> the governor also plans to back an effort to modernize the state's 911 system. he wants to pay for it with what he calls a modest fee. last august, democratic lawmakers tried but failed to pass a surcharge on phone service to pay for an upgrade. a so-called smart 911 system would let people send texts, photos and videos to emerge
standard and poors cut their credit rating. governor newsom had a somber conversation with pg&e executives about the company's solvency. the governor is finalizing the names of the three commissioners he'll be appointing to come up with answers. >> i try to be -- my role is to protect your interests, not pg&e's interests, but sometimes the interests may align. that's where this gets complicated. >> yesterday pg&e announced that three executives were retiring at the end...
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Jan 26, 2019
01/19
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the economic damage is mounting according to the financial services company standard and poor's the u.s. gross domestic product loses one point two billion dollars each week the government is closed or about one thousand nine hundred eighty four dollars a second. jamie dimon who runs j.p. morgan chase the biggest bank in the us says if the shutdown persists it will reduce growth to zero maybe everybody should start stocking up on that mac and cheese well joining me now from london is russ mold investment director at stockbrokers a.j. bell thanks for being with us so we've heard so many stories about unpaid government employees having to sell their possessions and going going on gum to go fund me pages and missing their payments and so on talk us through the effect that this is having on the us economically the longer this goes on or one of the ironies is at the moment it's quite hard for us to tell because of the government shutdown we aren't getting the normal regular monthly economic data that we would expect some of the releases that we could use to judge the u.s. economy aren't avai
the economic damage is mounting according to the financial services company standard and poor's the u.s. gross domestic product loses one point two billion dollars each week the government is closed or about one thousand nine hundred eighty four dollars a second. jamie dimon who runs j.p. morgan chase the biggest bank in the us says if the shutdown persists it will reduce growth to zero maybe everybody should start stocking up on that mac and cheese well joining me now from london is russ mold...
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financial distress the economic costs of the shutdown is adding up estimates by rating agencies standard and poor's put the cost of the last government shutdown in twenty thirteen at twenty four billion dollars it decreased the gross domestic product growth rate from three to two point four percent this time around analysts put the cost of a full government shutdown at six point five billion dollars a week however the current situation affects only about a quarter of government spending and just under half of all federal employees only a small fraction of those employees live in and around washington d.c. the rest of the country is affected too particularly communities with large government offices and those located near national parks. people can still come and hike in death valley national park however there are a lot of visitor services that are closed down and some areas of the park that are closed. with some operations closed tourists are spending their money elsewhere local businesses are missing out meaning the government shutdown is affecting not only federal employees but the private secto
financial distress the economic costs of the shutdown is adding up estimates by rating agencies standard and poor's put the cost of the last government shutdown in twenty thirteen at twenty four billion dollars it decreased the gross domestic product growth rate from three to two point four percent this time around analysts put the cost of a full government shutdown at six point five billion dollars a week however the current situation affects only about a quarter of government spending and...
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exchange is airline index arca dropped twenty one percent year over year as opposed to the standard and poor's five hundred which dropped just seven percent as u.s. air carriers are about to report earnings we get ahead of those announcement and ask the question are they going to take off be in a holding pattern or yelling may day this year flyboys steve malzberg announcement join us now a steve first of all explain this arca index a little bit to us yeah well. has fifteen major airlines both the u.s. and international in them in it and as you mentioned down twenty one percent compared to the s. and p. down seven percent i mean that's that's a huge drop last year so far this year it's up just marginally and basically you know it it represents the feeling of investors on a broad scale when it comes to the airline industry and what's spoking a lot of them especially right now as we await the earning season kicking off tomorrow is the government shutdown which affects to some extent the t.s.a. and the f.a.a. they hear reports of t.s.a. agents calling in sick and cetera and also fuel prices which
exchange is airline index arca dropped twenty one percent year over year as opposed to the standard and poor's five hundred which dropped just seven percent as u.s. air carriers are about to report earnings we get ahead of those announcement and ask the question are they going to take off be in a holding pattern or yelling may day this year flyboys steve malzberg announcement join us now a steve first of all explain this arca index a little bit to us yeah well. has fifteen major airlines both...
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Jan 24, 2019
01/19
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we got five awards of excellence, and three upgrades from standards and poorest -- standard & poor's and moody's. we serve as an example of washington at how to get things done and get things done well. we are open to creativity as we -- that is what we do every day. any other questions? stories -- anyn shutdown stories? are there dollars coming through? >> mrs. smiling paul. >> so a number of us have taken inventory of our agencies as to what is going on. there is one bundle of areas where we've got delays that hurting our municipalities, but it is not the end of the world. and that's our federal grant applications from law enforcement to transportation. the big serious areas are, you you mentioned s.n.a.p. earlier. we also concerned about wic and a number of our cities are already figuring out mechanisms that we can step in and cover wic payments and support if so should cease. we are terribly concerned about public housing, and a number of the cities which do have the capacity will be stepping in to replace federal government payments for public housing opportunities. one of the ar
we got five awards of excellence, and three upgrades from standards and poorest -- standard & poor's and moody's. we serve as an example of washington at how to get things done and get things done well. we are open to creativity as we -- that is what we do every day. any other questions? stories -- anyn shutdown stories? are there dollars coming through? >> mrs. smiling paul. >> so a number of us have taken inventory of our agencies as to what is going on. there is one bundle of...
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Jan 16, 2019
01/19
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standard and poors estimates it costs the economy $1.2 billion in growth. how? workers don't get paid which means they don't spend. that hurts retailers, land lores, auto sales. they can't pay their babysitters, for example. and on a call, jamie dimon said they could reduce the growth to zero if it goes down a whole quarter. delta's ceo told cnbc, the airline will see a revenue reduction for the month. bad news for investors. >> one of the bad news for us, we're seeing a reduction in revenue, not huge, but about $25 million due to the fact that some government charactontracto not traveling in ways. >> in many ways, shutting down the federal government costs more than keeping it open. it's a failure of the government not to have the largest economy in the world have its company open for business. >>> if you think d.c. is a mess, take a look at the chaos in the uk. the brexit deal crushed by a record margin. a humiliating indictment of her plan to guide britain out of the european union. as the bbc points out, the white house is in crisis, turned to fast food, down
standard and poors estimates it costs the economy $1.2 billion in growth. how? workers don't get paid which means they don't spend. that hurts retailers, land lores, auto sales. they can't pay their babysitters, for example. and on a call, jamie dimon said they could reduce the growth to zero if it goes down a whole quarter. delta's ceo told cnbc, the airline will see a revenue reduction for the month. bad news for investors. >> one of the bad news for us, we're seeing a reduction in...
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Jan 26, 2019
01/19
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standard and poor's the rating agency estimated yesterday that it had already cost the u.s. economy six billion dollars you talk to people here in the city of washington d.c. which is a big tourist town there are a lot of federal workers who work here but it attracts a lot of tourists in the department of tourism says that occupancy rates at hotels are down about five percent year over year so you're seeing you know hotel workers that aren't getting tipped in and getting that extra money in their pockets restaurants aren't seeing business these federal workers have been out of work for over a month so they're not going out and spending money at movie theaters or going to the malls and buying clothes so this is ripple through the economy at a time when the u.s. economy is starting to cool down so this could have if this continues it could have very serious repercussions well good for the follower of the over the weekend with you thanks very much but that's a europe a recent bombing in several hijackings in northern ireland's second largest city have raised fears of a new para
standard and poor's the rating agency estimated yesterday that it had already cost the u.s. economy six billion dollars you talk to people here in the city of washington d.c. which is a big tourist town there are a lot of federal workers who work here but it attracts a lot of tourists in the department of tourism says that occupancy rates at hotels are down about five percent year over year so you're seeing you know hotel workers that aren't getting tipped in and getting that extra money in...
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Jan 22, 2019
01/19
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economy about $1.5 billion per day in productivity, according to standard and poor's. has taken a serious out of the economy that president trump has considered his best political asset going into reelection. hiss at the halfway mark of first term and president of candidates from the other side are already jumping in the fray. this could be bad news for him if it continues. guy: what is going to resolve this? hav we gonee past the point at which it is only a number? what has to happen for them to get on the same page? >> this is not about a number, or $5.7 billion, which is chump change in trillions of dollars of discretionary spending, this is a proxy battle over whether the country will accept the premise that uncontrolled migration and borders are the cause of the nation's problems, whether it is crime, wages, the opioid epidemic -- this is his answer to what is causing these problems and democrats reject that. this has become a battle over values. the way that it ends is for some kind of proposal, procedural or policy, that satisfies the democrats who say they will
economy about $1.5 billion per day in productivity, according to standard and poor's. has taken a serious out of the economy that president trump has considered his best political asset going into reelection. hiss at the halfway mark of first term and president of candidates from the other side are already jumping in the fray. this could be bad news for him if it continues. guy: what is going to resolve this? hav we gonee past the point at which it is only a number? what has to happen for them...
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Jan 27, 2019
01/19
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economy at least $6 billion according to a new report bystander ab by standard and poor's global ratings. so was the shutdown worth it and where do things go from here? lawmakers on both sides weighing in this morning. >> shutdowns are never good policy, ever. they are never to be used as a means to achieve any kind of goal, no matter how important that goal may seem to be. we cannot have the threat of a government shutdown hanging over our people and our economy. >> we all know that these workers were held hostage by the president. we all know it's a strategy the american people abhorred, and that's why the president had to cave, but we also want to make sure it never happens again, whomever is president, whomever is in congress. >> let's check in now with cnn correspondent boris sanchez. the trump administration not backing down from this threat to get the president that border wall. >> yeah, that's right, fred. the white house for some time has been exploring different avenues to secure funding for the president's long-promised border wall. one of those is to declare a national emerge
economy at least $6 billion according to a new report bystander ab by standard and poor's global ratings. so was the shutdown worth it and where do things go from here? lawmakers on both sides weighing in this morning. >> shutdowns are never good policy, ever. they are never to be used as a means to achieve any kind of goal, no matter how important that goal may seem to be. we cannot have the threat of a government shutdown hanging over our people and our economy. >> we all know...
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Jan 14, 2019
01/19
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credit rating agency standard and poors says that the u.s. nomy has already lost $3.6 billion and it could have a real effect on first quarter gdp. other rating agencies say if you have a shutdown which rolls into march, you could have the concern about the budgeting priorities and chaos on that front that could hurt america's credit ratings. >> there is no end in sight to this government shutdown, no off-ramp for the time being. ahead, over 32,000 teachers set to walk off the job in los angeles today. what the strike means for students and parents in the nation's second largest school district. will happen in your li. wrinkles just won't. neutrogena® rapid wrinkle repair's derm-proven retinol works so fast, it takes only one week to reveal younger looking skin. making wrinkles look so last week. rapid wrinkle repair® pair with new retinol oil for 2x the wrinkle fighting power. neutrogena® 98% of us don't get enough omega-3s. which is why megared advanced 4in1 packs more omega-3 power into one small softgel. it supports your heart... brain...
credit rating agency standard and poors says that the u.s. nomy has already lost $3.6 billion and it could have a real effect on first quarter gdp. other rating agencies say if you have a shutdown which rolls into march, you could have the concern about the budgeting priorities and chaos on that front that could hurt america's credit ratings. >> there is no end in sight to this government shutdown, no off-ramp for the time being. ahead, over 32,000 teachers set to walk off the job in los...
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Jan 11, 2019
01/19
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on tuesday, standard and poor reduced pg&e -- >> the state puc is closely watching pg&e's current financial situation. pg&e is facing possible bankruptcy because of evidence that pg&e's equipment may have started many of the recent fires in northern >>> the withdrawal of u.s. troops from syria has begun. we have new information overnight about the troops pulled from the war-torn country. >>> plus, a lower cell phone bill. you'll see which californians will start to see a cheaper bill, starting this month. >>> and on the peninsula, if you're heading there, on the san mateo bridge, it looks all right. there is a caltrans incident i should say on cal train in redwood city. we'll tell you more about that when we come back. >>> well, some fog. although it's a lot less now than it was a couple of hours ago. because of a stirring up of the atmosphere. front is on the way tonight. we'll take a look at that coming up. the day i graduated, i moved to new york. i had zero connections. and as positive as i was trying to be, nothing was happening. so i went on linkedin, i connected with someone who intr
on tuesday, standard and poor reduced pg&e -- >> the state puc is closely watching pg&e's current financial situation. pg&e is facing possible bankruptcy because of evidence that pg&e's equipment may have started many of the recent fires in northern >>> the withdrawal of u.s. troops from syria has begun. we have new information overnight about the troops pulled from the war-torn country. >>> plus, a lower cell phone bill. you'll see which californians...
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Jan 26, 2019
01/19
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standards and poors estimates that the u.s. economy lost $6 billion which far exceeds the money that trump was initially asking. a committee now has until february 15th to strike a deal. >> if we don't get a fair deal from congress, the government will either shut down on february 15th again or i will use the powers afforded to me under the laws and the constitution of the united states to address this emergency. >> geoff bennett is at the white house. who are these folks who are going to be the congressional negotiators? >> reporter: the senate chose seven members all of whom are on the appropriations committee and the house did the same. they chose a handful of congressional appropriators to join this bipartisan group who will meet to resolve these differences between the two chambers. we can expect that there will be some negotiations over what to do about border security and we can expect that democrats would likely cut a deal for increased spending that they would have been willing to agree to in december a month ago befor
standards and poors estimates that the u.s. economy lost $6 billion which far exceeds the money that trump was initially asking. a committee now has until february 15th to strike a deal. >> if we don't get a fair deal from congress, the government will either shut down on february 15th again or i will use the powers afforded to me under the laws and the constitution of the united states to address this emergency. >> geoff bennett is at the white house. who are these folks who are...
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Jan 22, 2019
01/19
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the economic damage is mounting according to the financial services company standard and poor's the u.s. gross domestic product loses one point two billion dollars each week the government is closed or about one thousand nine hundred eighty four dollars a second jamie diamond who runs j.p. morgan chase the biggest bank in the u.s. says if the shutdown persists it will reduce growth to zero maybe everybody should start stocking up on that mac and cheese rob reynolds al-jazeera washington. china is the world's second largest economy but it's stalling with growth said its lowest level in thirty years it's adding pressure on the job market especially for young people with a record number of new graduates this year and as katrina you reports from beijing many are finding unusual ways to cope. taking a swing at life's precious. i doubt chinese you'd like to come here to break things and blow off steam. i don't like the lifestyle in beijing is too fast i have to get up early and finish late gin story working long hours for little pay is common among customers at beijing smash room. opened by j
the economic damage is mounting according to the financial services company standard and poor's the u.s. gross domestic product loses one point two billion dollars each week the government is closed or about one thousand nine hundred eighty four dollars a second jamie diamond who runs j.p. morgan chase the biggest bank in the u.s. says if the shutdown persists it will reduce growth to zero maybe everybody should start stocking up on that mac and cheese rob reynolds al-jazeera washington. china...
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Jan 22, 2019
01/19
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ALJAZ
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the economic damage is mounting according to the financial services company standard and poor's the u.s. gross domestic product loses one point two billion dollars each week the government is closed or about one thousand nine hundred eighty four dollars a second jamie diamond who runs j.p. morgan chase the biggest bank in the u.s. says if the shutdown persists it will reduce growth to zero maybe everybody should start stocking up on that mac and cheese rob reynolds al-jazeera washington. now we've got a shutdown timeline at al-jazeera dot com which you can have a look at for yourself of course it's just interesting to look at the very first entry there if we scroll down donald trump saying he would be proud to shut down the government in the name of border security but very quickly he pivoted to calling it the schumer shutdown that is chuck schumer of course is in picture there and since say it's only the democrats who can end this by simply funding the wall. with us now u.s. economics editor for the economist in washington d.c. a real pleasure to have you with us as we now i think i sa
the economic damage is mounting according to the financial services company standard and poor's the u.s. gross domestic product loses one point two billion dollars each week the government is closed or about one thousand nine hundred eighty four dollars a second jamie diamond who runs j.p. morgan chase the biggest bank in the u.s. says if the shutdown persists it will reduce growth to zero maybe everybody should start stocking up on that mac and cheese rob reynolds al-jazeera washington. now...
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Jan 22, 2019
01/19
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the economic damage is mounting according to the financial services company standard and poor's the u.s. gross domestic product loses one point two billion dollars each week the government is closed or about one thousand nine hundred eighty four dollars a second. jamie diamond who runs j.p. morgan chase the biggest bank in the us says if the shutdown persists it will reduce growth to zero maybe everybody should start stocking up on that mac and cheese robbery al-jazeera washington. a kind of foreigner said it's a comedy harris is the latest to enter an increasingly crowded and diverse race to be the democratic candidate in the twenty twenty us presidential election about a dozen have already announced or are considered likely to announce she had been town see looks at how some of the leading contenders opposition in themselves of tamil i'm jamaican descent senator camilla harris claims to be in tune with the progressive left wing of the party i'm running for president say but that's precisely where she's facing skepticism she's recently adopted left wing positions like free health care
the economic damage is mounting according to the financial services company standard and poor's the u.s. gross domestic product loses one point two billion dollars each week the government is closed or about one thousand nine hundred eighty four dollars a second. jamie diamond who runs j.p. morgan chase the biggest bank in the us says if the shutdown persists it will reduce growth to zero maybe everybody should start stocking up on that mac and cheese robbery al-jazeera washington. a kind of...
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Jan 26, 2019
01/19
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the economic damage is mounting according to the financial services company standard and poor's the u.s. gross domestic product loses one point two billion dollars each week the government is closed or about one thousand nine hundred eighty four dollars a second. jamie dimon who runs j.p. morgan chase the biggest bank in the us says if the shutdown persists it will reduce growth to zero maybe everybody should start stocking up on that mac and cheese well joining me now from london is russ mold investment director at stockbrokers a.j. bell thanks for being with us so we've heard so many stories about unpaid government employees having to sell their possessions and going going on gum to go fund me pages and missing their payments and so on talk us through the effect that this is having on the us economically the longer this goes on or one of the ironies is at the moment it's quite hard for us to tell because of the government shutdown we aren't getting the normal regular monthly economic data that we would expect some of the releases that we could use to judge the u.s. economy aren't avai
the economic damage is mounting according to the financial services company standard and poor's the u.s. gross domestic product loses one point two billion dollars each week the government is closed or about one thousand nine hundred eighty four dollars a second. jamie dimon who runs j.p. morgan chase the biggest bank in the us says if the shutdown persists it will reduce growth to zero maybe everybody should start stocking up on that mac and cheese well joining me now from london is russ mold...
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the one i favor is the standard and poor's 500. they will make it so that you can handle the volatility, which will be upon us all year without a lot of panic. >> i onsomeone is thinking abou buying a house in 2019, is this a good year to think about at. >> or should they wait? >> i think you wait a little. i think people e realizing, wow, we are not getting deductions we used to get. hoes are let ass affordable. interest rates may not be as highlightner the year as now. the housing market has been great a long time. that, plus the stock marke the party ends. it can't go on. >> you're the optimist, too. >> i used to say, listen, i love stocks, facebook, amazon. no, not that. i would say what an opportunity to get a mortgage. no. i like cds. i know -- i can't believe i am saying this on air, that i like cds. >> you do. last year unemployment was lown in 2018 t we watched gm and people saying they are laying off a bunch of people. is this going to be a good year for the worker, do you think, or not a good year? >> the federal reserve
the one i favor is the standard and poor's 500. they will make it so that you can handle the volatility, which will be upon us all year without a lot of panic. >> i onsomeone is thinking abou buying a house in 2019, is this a good year to think about at. >> or should they wait? >> i think you wait a little. i think people e realizing, wow, we are not getting deductions we used to get. hoes are let ass affordable. interest rates may not be as highlightner the year as now. the...
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Jan 26, 2019
01/19
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BLOOMBERG
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when i was a small child, i ,hink my life was more normal even though china was a poor country and we lived in a poor standardnd conditions. carol: you grew up in -- >> beijing. hell broke loose in 1966 when i was 12 years old and fishing elementary school. the so-called cultural revolution started and the entire country was thrown into chaos. the president was thrown into jail without anybody knowing about it. he died there three years later. any teachers including mine were beaten up by students, i witnessed teachers the the death by their students. it was totally chaotic. three years later, after three years of total chaos, i and many of my friends were sent to the gobi desert to do hard labor. when i was 15 years old, it was extremely hard work. and in very back conditions. and we did not have enough to eat. we had to work 16 to 18 hours a day. the worst thing was there was no education, so we were out of school. for the next 10 years there was no schooling. this generation of mine is referred to ask the lost generation because we never had a chance to acquire formal education. jason: up next, while japan
when i was a small child, i ,hink my life was more normal even though china was a poor country and we lived in a poor standardnd conditions. carol: you grew up in -- >> beijing. hell broke loose in 1966 when i was 12 years old and fishing elementary school. the so-called cultural revolution started and the entire country was thrown into chaos. the president was thrown into jail without anybody knowing about it. he died there three years later. any teachers including mine were beaten up by...
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Jan 8, 2019
01/19
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MSNBCW
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and another number by standard and poors suggests to the economy, to the gdp, people who can't get onse they can't interact with the government or don't get paid by the on time, is in the order of $6.5 billion lost hours. peel like to make fun of government workers, but in fact they do work. and when they're not working, and then they're going to probably get made for not working. as this goes on, there's no doubt there's a material effect on the economy, on individuals, on farmers who can't get subsidy payments they're do, can't get their business done with the government and so forth. >> so robert costa, you're reporting that donald trump and all of the president's men and women are trying to figure out a way to actually bypass congress, trying to figure out a way to declare a national emergency on the southern border, and they're going to do it by claiming that you have of course terrorists streaming across the southern border. we've heard that a lot this past week. it ends up that there are only six foreign people who are on these watch lists. they're claiming that thousands and t
and another number by standard and poors suggests to the economy, to the gdp, people who can't get onse they can't interact with the government or don't get paid by the on time, is in the order of $6.5 billion lost hours. peel like to make fun of government workers, but in fact they do work. and when they're not working, and then they're going to probably get made for not working. as this goes on, there's no doubt there's a material effect on the economy, on individuals, on farmers who can't...
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Jan 16, 2019
01/19
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FOXNEWSW
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going to be very painful and we're starting to see the effects on the economy week by week and standard poors, they predicted it's going to be $1.2 billion of economic losses every week that the shut down continues. you have some companies stepping up to the plate. kraft today announced they'll be opening up a pop-up shop so that all federal workers, they just need to show their i.d. and get a bag of kraft goods from today till sunday in washington. and you have jose andres who has three stores in washington d.c. they'll be providing sandwiches for free to families between 2:00 and 5:00 p.m. eastern time. no end in sight and it's starting to have an effect on the economy, shep. >> shepard: kristina partsinevelos live in new york city. later we'll check on the world's busiest airport to see how the shut down is affecting security lines. we'll get news of of kenya where an american who dodged the terror attacks of 9-11 is reported dead at the hands of militants. first, u.s. troops killed in a suicide blast in syria and who is claiming responsibility? isis. hours later the vice president said is
going to be very painful and we're starting to see the effects on the economy week by week and standard poors, they predicted it's going to be $1.2 billion of economic losses every week that the shut down continues. you have some companies stepping up to the plate. kraft today announced they'll be opening up a pop-up shop so that all federal workers, they just need to show their i.d. and get a bag of kraft goods from today till sunday in washington. and you have jose andres who has three stores...
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Jan 18, 2019
01/19
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BBCNEWS
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death of megan lee, we found just eat continued to actively promote takeaways with poor hygiene and allergen standards information on their site. instead, they put the onus on customers to contact the restaurants directly to find out whether your meal is suitable for you. so does this system work? posing as a customer with an allergy, i followed just eat‘s advice and phoned zero—rated local legend karo's pizza in liverpool to see if they could give me the legally required allergen information. line rings if i order the cheeseburger and i have a wheat allergy, is that ok for me? 0k. all right. thank you. bye. next up, tong feng house in greater manchester. five—star customer reviews, but our research shows it's zero—rated for hygiene. ijust wanted to know, is there wheat in the chicken chow mein? there's no wheat? definitely no wheat in the chicken chow mein? are you sure? 0k, thank you very much. we collected the chicken chow mein and sent it away for testing. ok, that's it. check out. i ordered another meal using thejust eat app from mama mia pizza in birmingham, another takeaway with a zero hygiene
death of megan lee, we found just eat continued to actively promote takeaways with poor hygiene and allergen standards information on their site. instead, they put the onus on customers to contact the restaurants directly to find out whether your meal is suitable for you. so does this system work? posing as a customer with an allergy, i followed just eat‘s advice and phoned zero—rated local legend karo's pizza in liverpool to see if they could give me the legally required allergen...
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Jan 22, 2019
01/19
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CSPAN2
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and our policies. pursuit of economic equality will lead to a poorer country but in a sense that more people will be poor and most people have lower standard of living. series pursuit of economic equality would cause massive suffering. economic equality is unjust because it treats unequal circumstances equally and systematically empowers politicians and bureaucrats and the politically powerful at the expense of individual freedom and choice, makes government rather than ourselves the authors of our lives, ego is harry and ideology, denigrate our humanity, dignity and ability to flourish, by denying the importance of central aspects of our humanity, including going to work, willingness to learn, to take risks, to act prudently and so on. socialist or progressive policies increase dependency and reduce self-sufficiency, leading to a destructive cycle and ruining lives. socialist and progressive policies endorse, formalize counterproductive seminary and resentment and in the final analysis, economic equality is not a worthy objective. it is in fact a destructive and unethical objective that will materially reduce social well-being and corrupt
and our policies. pursuit of economic equality will lead to a poorer country but in a sense that more people will be poor and most people have lower standard of living. series pursuit of economic equality would cause massive suffering. economic equality is unjust because it treats unequal circumstances equally and systematically empowers politicians and bureaucrats and the politically powerful at the expense of individual freedom and choice, makes government rather than ourselves the authors of...
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Jan 22, 2019
01/19
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CSPAN
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and our politics. the pursuit of economic equality lead to a poor country both in the sense that more people will be poor and that most people will have a lower standard of living. a serious pursuit of economic equality will cause massive suffering. economic equality is unjust because it treats unequal circumstances equally and because it systematically empowers politicians, bureaucrats and the politically powerful at the expense of free throw dom of choice and makes government rather than ourselves the authors of our lives. the egalitarian ideologies denigrate our ability to flourish by denying the importance of central aspects of our humanity. including our willingness to work. our willingness to learn. to take risks. to act prudently. and so on. socialist or progress i policies increase dependency and reduce self-sufficiency, leading to a destructive cycle and ruining lives. socialist and progressive policies endorse, formalize, resentment. tive economic equality is not a worthy objective. it is in fact a destructive and unethical object i that will materially reduce social well away the ability of the american people to flourish. thank you. [appla
and our politics. the pursuit of economic equality lead to a poor country both in the sense that more people will be poor and that most people will have a lower standard of living. a serious pursuit of economic equality will cause massive suffering. economic equality is unjust because it treats unequal circumstances equally and because it systematically empowers politicians, bureaucrats and the politically powerful at the expense of free throw dom of choice and makes government rather than...
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standards and quickly snowballed into a nationwide protest campaign. is the right one and we're not going to change it just because the wind is poor we . will not concede anything to those who want destruction and disorder. to. take my share of responsibility. french teachers have also been joining the protests they haven't facts now started calling themselves the red pen movements they're campaigning against funding cuts for schools we caught up with the spokesperson for the group. not perfection hasn't been thought about in the last forty years our salaries have fallen by forty percent it's a big problem and we're not being listened to they decide to put money elsewhere when what we need is investment in schools because we're motoring future generations. so we're not just complaining we're here to claim what we deserve we're proud of our profession and we want to be paid accordingly for what we do and to be treated better given what we do with it we were born as a result of the yellow vest movement we were inspired by this popular movement against the government but we're different as we're specifically defending our profession i don
standards and quickly snowballed into a nationwide protest campaign. is the right one and we're not going to change it just because the wind is poor we . will not concede anything to those who want destruction and disorder. to. take my share of responsibility. french teachers have also been joining the protests they haven't facts now started calling themselves the red pen movements they're campaigning against funding cuts for schools we caught up with the spokesperson for the group. not...
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Jan 20, 2019
01/19
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CSPAN3
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interesting letter to his cousin and he says "i cast my eyes on america where my pride will be much more acceptable." he's pretty wealthy but by british standards, he's pretty poor. he settles near new york city and in 1772, marries the daughter of this wealthy american family called the livingstons. montgomerysting is sees the coming of the revolution, he knows the boston tea party, doesn't seem to do anything. the thing that seems to ofiticize him is the course -- coursercive acts. he's a member of the new york .rovincial congress june, 1775, because of the military background, congress picks them to be a general. in his comments on being made a general are pretty interesting. think about what we have talked " the, montgomery writes congress having done me the honor of electing the the brigadier general of their which mustan event put an end to the quiet scheme of life i have prescribed for myself." "for although entirely unexpected and undesired by me, the will of an oppressed people compelled to choose between liberty and slavery must be obeyed. the will of an oppressed people compelled to choose between liberty and slavery must be obeyed." what is montgomer
interesting letter to his cousin and he says "i cast my eyes on america where my pride will be much more acceptable." he's pretty wealthy but by british standards, he's pretty poor. he settles near new york city and in 1772, marries the daughter of this wealthy american family called the livingstons. montgomerysting is sees the coming of the revolution, he knows the boston tea party, doesn't seem to do anything. the thing that seems to ofiticize him is the course -- coursercive acts....
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Jan 16, 2019
01/19
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CNNW
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standard & poor's projected $1.2 billion in losses. how? workers don't get paid and that means they don't spend. jamie dimon told reporters the shutdown could reduce growth to zero in the country if it goes on for the whole quarter. and it could hurt airlines. delta on cnbc. >> one of the other issues to us is that we're seeing reduction revenues in the month of january. not huge, but about $25 million, due to the fact that government contractors and some government officials are not traveling the way they would anticipate because of the shutdown. >> in many ways, shutting down the government costs more than keeping it open. the ceo of citigroup on a conference call said this, right now, we see the biggest risk in the global economy as one of talking ourselves into a recession. >>> well, if you think washington, d.c. is a mess, take a look at the chaos across the pond in the uk. >> nos to the left, 432. >> prime minister theresa may's deal crushed. a humiliating plan to guide out of the european union. they face another no confidence vote today. the british people fa
standard & poor's projected $1.2 billion in losses. how? workers don't get paid and that means they don't spend. jamie dimon told reporters the shutdown could reduce growth to zero in the country if it goes on for the whole quarter. and it could hurt airlines. delta on cnbc. >> one of the other issues to us is that we're seeing reduction revenues in the month of january. not huge, but about $25 million, due to the fact that government contractors and some government officials are not...