today, the u. s. is the only major advanced economy where the o e. c, d, projections are future output are higher today than they were in january 2020. before the pandemic kid. there are some trouble signs on the horizon. there are still 7000000 americans who lost their job over the last year a year and a half that have not been able to find work. there's also inflation concerns. and here in new york city, you can see it as well as a capital financial capital of the united states. and most of the office building several of the you see behind me they're off in the distance, remain empty because the majority of americans are still working from home. just here in new york city, about 20 percent of the office spaces have been vacated and do not have clients that will be returning back to work. bottom line here is there are still a lot of trouble signs on the economy of a particular with the 7000000 americans can still not find work. these are americans who suffered the most during the pandemic, low income workers, primarily many people of color. and so t

we'll take a look at the state of the u. s. economy and we take you to asia where china has to push back to get the us over at microsoft pack delegation. we take an in depth look at the claim and the recent increase in cyber attack, johnson and johnson could have a plan to deal with nearly $30000.00 lawsuit they're facing over claims. their policy. cancer will discuss what it means for their victim. we have a tax show today, so we'll dive right in. inflation will only be temporary and the federal reserve should have the freedom to take what ever actions bills are necessary. that's the latest message from president, bite it, as he touted the tremendous growth, the u. s. economy has seen, but of course that's when we compare it to 2020. now, while prices have seen their biggest jump in 13 years, buying and set his administration is confident that it won't stay that way for very long. take a listen in the data shows that most of the price increases we seen are, were expected and expected to be temporary. i want to be clear, mind m

economy and we take you to asia where china has pushed back against the u. s. over in microsoft pac delegation, we take an in depth look at the claim and the recent increase in cyber attack, johnson and johnson could have a plan to deal with nearly $30000.00 lawsuit they're facing over claims their policy cancer. we'll discuss what it means. so there victim, we have a pass show today, source di, the inflation will only be temporary and the federal reserve should have the freedom to take what ever actions bills are necessary. that's the latest message from president bite it, as he shouted, the tremendous growth, the u. s. economy has seen, but of course that's when we compare it to 2020. now, while prices have seen their biggest jump in 13 years, buying and set his administration is confident that it won't stay that way for very long. take a listen in the data shows that most of the price increases we seen are we're expected and expected to be temporary. i want to be clear, mind ministration, understands. and if we were to ever experience unchecked inflation ove

s. economy bounces back j. p. morgan earnings more than doubled while goldman sachs revenues. it's asset management is an all time high. pm central bank is formerly beginning a project to create a digital your own plan aims to react to the growing popularity of crypto currencies and online payments. the c. b will now begin exploring exactly how it should work from a coin purse to a digital wallet, in euro or digital euro would be designed to operate like platforms and apps such as pay pal and apple wallet and digital currencies like bitcoin. and this comes after the pandemic boosted online shopping and digital currency investments. analysts say, as consumers get used to making purchases online, it's important to have safe and easy digital currency soon and more consumers in the, in the things that when the cost and smart money. and that's why we need the digital central bank owned and regulated the digital currency i. e, the euro. other central banks are already exploring options. england is researching its own central bank digital currency cheekily named the brit coin and the

big lenders are seeing sharp, the higher profits in the 2nd quarter is the u. s. economy bounces back, shaping morgan's earnings. more than doubled while goldman sachs revenues and it's asset management, is an all time high. pm central bank is formerly beginning a project to create a digital your own plan aims to react to the growing popularity of crypto currencies and online payments. e. c. b will now begin exploring exactly how it would work from a coin, purse to a digital wallet. in e euro or digital euro would be designed to operate like platforms and apps such as pay pal and apple wallet and digital currencies like bitcoin. and this comes after the pandemic boosted online shopping and digital currency investments. analysts say, as consumers get used to making purchases online, it's important to have safe and easy digital currency. soon as more consumers will be in the things that when the cost and smart money, and that's why we need to do central bank owned and regulated digital currency. either euro or the other central banks are already exploring options. e

we'll take a look at the state of the u. s. economy. and we take you to asia where china has pushed back against the u. s. over the microsoft package allegations. we've taken in depth look at the claim and the recent increase in cyber attack, johnson and johnson could have a plan to deal with nearly $30000.00 law.

so there are a few hiccups in the u. s. economy right now. james foot, the chief executive, a c s x, one of the largest railroads in the u. s. put it this way during the early call. recently, i've never seen any kind of thing like this in the transportation environment in my entire career, where everything seems to be going sideways. at the same time, they're saying that they did not anticipate that nobody would want to actually work . and that, in fact, a lot of their workers would actually decide to just leave because they were adding more money on enhanced unemployment benefits. but we do seem at that again, one of the cycles, like the solar system of the plan is revolving around its star, is that the inevitability that the central bank can control this. they can't control. they can put all this money in there, but at a certain point, if you're, you have to keep them putting too much money. and you're now having to put money in the hands of the consumers. you're going to reach a situation where nobody wants to work to support it, right? al

the booming u. s. economy. but it should be noted that the deficit takes away from overall economic growth. when we see a record number is that concerning or just what comes with the territory for an economic recovery in the united states. i think it's more the latter brand, the u. s. as consistently run the trade deficits as the engine of the world economy . and so it's to be expected, i would say that investment data and productivity date are much more relevant to the, the health of the economy than one month of trade data. now we know that rising prices for imports are a big deal here. and as we talk about getting a hold of inflation, how do rising import costs play and all of this, while certainly, there is a supply train supply chain disruption underlying some of these import price increases. and that supply chain disruption applies to the, the basic raw materials that go into manufacturing production in, let's say china, a major export to the us. it is concerning, but i think most economists believe it as

the u. s. as consistently run the trade deficits as the engine of the world economy. and so as to be expected, i would say that investment date or, and productivity date are much more relevant to the, the health of the economy than one month of trade data. now we know that rising prices for imports are a big deal here. and as we talk about getting a hold of inflation, how do rising import cost play and all of this? well, certainly, there is supply, train supply chain disruption underlying some of these import price increases. and that supply chain disruption applies to the, the basic raw materials that go into manufacturing production in, let's say china, a major export to the u. s. it is concerning. but i think most economists believe it as temporary. and once the supply chains are restored to normal operation, the pressure for pricing increases will abate. the one thing i would say is that when you have the increase and prices, it's important to understand the, the increase and import overall depends in part on prices, as well as on the quantity of goods and service

the u. s. economy has been surging since the start of the year. more news on al jazeera coming up after inside story. that's next, thanks for watching. ah, ah, ah, i have a 900 themes allow the us in europe to reopen for business countries in africa. lag behind and the job sense of the continent are recognized for travel in europe. that will vaccine kurtz and end up dividing rich and full nation. this is inside story. ah, ah, hello and welcome to the show. i'm sammy, a dan, so covey, 900 vaccines, a vital for controlling the pandemic. as we know, widespread immunization is allowing parts of the world, including the u. s. in europe to reopen for tourism and trade. but it's a different story in developing nations. millions of people across africa still waiting to receive their 1st jobs. the w h o warns the continent is facing an extremely aggressive 3rd wave. the african unions cove at $900.00 envoy, a strongly criticized europe for failing to deliver the millions of doses. it promised we'll bring in our guests in a moment. but 1st, this report from

as the u. s. economy bounces back from the pandemic. j. p. morgan's earnings more than doubled from a year ago to almost $12000000000.00. while goldman sachs is revenue, it's asset management. hit an old time hon. the european central bank is announcing plans for the e euro in about half an hour, a new digital currency. proponents say it will strengthen europe's digital and monetary sovereignty and keep your own competitive. digital euro would have the same value as analog, cash, all the money in our bank accounts. it will be issued by the e. c. b, all national, central banks to private persons. and companies in euro deposits would probably be kept at a value of around $3000.00 euros. that's to make the eas fears that the digital coin could make the easy be a competitor to banks. for the survey by germany. central banks say that by the by jones about central bank size. most consumers here reject the digital euro, 56 percent of household saying it would add no additional incentive of a current payment methods. and they're worried about the

the u. s. economy been surging since the start of the year, and those are the headlines. the news continues and ours is either after portal. goodbye. i. hi, i'm sandra gartman. welcome to portal. your gateway to some of our busier is best online content. this week we're focused on women and their power to bring about change. we'll hear how women betrayed by their own governments. religions and cultures are fighting to make a difference, not just for themselves, but also for the people around them or meet them. others facing the mexican drug dealers to find out when i hear about the painful legacy of ireland another and baby home. i think it's one of the most outrageous human rights abuses that most of the outside world doesn't know anything about how does it. and we meet an american woman who took an old way of fighting racism and brought it right up to date. imagine one day your son doesn't go home and happened to mirror none of them. she lives in the scene a low, a, mexico's drug trafficking heartland went over to disappear me enough as the police ignored her. so she st

the u. s. economy has been surging since it started a year. that's in the country. again, sir, emerged from its current of virus pandemic recession. more news on al jazeera, a little later up next is counts in a call. oh welcome to portal your gateway to the very best to volunteer there. an online content that you may have met. a new program that the for our platforms makes the connections and presents a digestible, seeing each the award winning online content on their audience portal with me founder gotten on to 0. me i lose . hello, i'm have them here. and this is counting the cost on. i'll just be your look at the world of business and economics this week. for mishandling the pandemic to its over reliance on commodities, the outsiders challenging the political establishment in latin america as millions fall back into poverty. move unequal region of the world. argentina avoid another default was full and currency reserves. the country could mine its way. i have trouble huge reserves of lithium when osiris once more from international miners shit, its metal roof, o

the fundamental lies seems to have been in the u. s. economy. we don't have wealth creation. we, we figured we could have an economy where it, china does it or vietnam, or mexico or somewhere else that innovation but wealth creation. all that happens somewhere else. and we could just print money. the printing of money was almost like a ritualistic thing, right? that like, like a cargo calls is like, okay, all we need is money and we will be wealthy rather than having any wealth creation . but in terms of the deflation of the you know, that technology delivers. it isn't the black swan the, the spanner in the works, always throughout history, the collapse of an empire, and the rise of a new one. we've seen the 18th, they said it, these traps that have happened throughout history. 16 of them have been violent, but there usually is a period of vacuum sort of period and d, globalization and, and therefore increase in costs and stuff like that. do you see that sort of thing happening or does between displace like destroy all those models of history? and that's what i think happened

the current u. s economy is healthier now thancan economy grew at a solid 6.5% the second quarter. that's according to today's report from the commerce department. still the latest figure fell well below the growth rate that many economists had predicted for the second quarter. clog supply chains related to the rapid reopening of the economy hindered companies efforts to restock their shelves. new at 11 tonight, former stockton mayor michael tubbs spoke about the future of california's economy as the state recovers from the pandemic. the 30 year old now serves as a special economic advisor to governor newsom and was part of an event at manny's in the mission. he garnered national attention when he started a pilot guaranteed income program, which offered 130 low income residents in stockton $500 a month. the idea has since spread to other cities. including throughout the country, including a handful right here in the bay area. i'm hopeful that we learned from this and with the work in addition to what you mentioned the guaranteed income work that'sppenin in this state to really thin

s. economy. and even though the americans who have had the opportunity to save in the last year now, ready to spend, if they're concerned that this continued inflation is having more than just the transitory implant pack on american spending, power kind of to that point about cars overall are we seeing that was spending you know, i certainly think that's the case as a mother for i can tell you that the price of be something that we consume every friday night. my house that, that it's doubled here in the last few months. i'm sure that i'm not alone in seeing my grocery bill rising. these are, these are factors that very much the very much play into how much americans can afford to consume. we fail to speak about the fact that there is no stimulus, 4.0 check. and that those stimulus checks have gone a good ways towards towards helping us households be able to spend a little bit more on discretionary items. but it's looking increasingly like because of the inflation that we're seeing. but many us ho

could stall the u. s. economy and suppress global economic growth. investors also worried about creeping inflation, but the delta vary is not new. so why are the markets suddenly reacting to it now i think there's just a lot of, you know, move me going on in the overall right. you have the area you have in place and you had a market that was that all. so i think it's given people a reason to say, hey, i need to start to take some prop. but the stock market is not always the best indicator of how the real economy is doing. and that's why on monday president joe biden was quick to point out a different economic indicator that looks a lot more promising. and that's jobs. the economy was sputtering before i got here, and he only $60000.00 jobs per month were for 3 months before i was sworn in. but now, 6 months later we've changed that. we've gone from $60000.00 jobs per month 260000 jobs every 3 days. mondays market was not a collapse but a worry, some wobble. at least a sign that covert jitters will linger f

the u. s. economy has been searching since the start of this year. the united nation says 400000 people in ethiopia are suffering famine and 1800000 more are facing starvation and warns the government and crime rebel fighters to obey a sci fi to stop the humanitarian crisis from getting was if you, if you government declared a hold to military operations this week, right before the a major bridge and t guy was destroyed, cutting off a crucial aid suppliers. the us military has told us about kinda sounds a bug room at the epicenter of its water, top of the taliban, and hunt down. i'll kinda after the $911.00 attacks afghan forces now control the base us president joe biden has set september deadline for a full withdrawal and says that paul out is on track. well, those are the headlines. i'll be back with more here, off the talk to al jazeera and stay with us. there's a wave of sentiment around the world. you will actually want accountability from the people who are running their countries. and i think often people's voice is not heard because it's not

people just have assume that the, the, the u. s. economy is flowing. magical or that they just tweak at the margins and prices go up and down. but i think the actual thing is collapsing like soviet union collapsing, and this is driving some price increases. and nobody can understand that because they're not told the that aspect to a job. we're not used to that we as americans think it's our birthright, to have a system that works really smoothly that we get what we want one, we want it, you know, we make a phone call that refrigerator is delivered the next day and plug it in and it works beautifully and you know, it's not the case so much anymore on, on dollar claps dot com. i have a series of articles called welcome to the 3rd world about all the different ways the things are breaking down here. and, you know, i think that the broad heading for that story could be called peek complexity. in other words, we've created a system that is just so complex that we can't run efficiently anymore. and it's starting to break down. i want to c

as locked downs or lifted and unemployment claims decline, the u. s. economy continues to make progress. the congressional budget office has now double this forecast for us economic growth in 2021, to 7.4 percent. that will help the staggering deficit just slightly by pushing it back to 3 trillion dollars. reports. notice that after passing trillions of dollars and stimulus measures starting in 2020 congress will fall short once again this year with a deficit that equals 13.4 percent of g d p marking the largest level since 1945. the markets were mixed this week as the latest report on economic growth was some countries behind, while other soar to record high. we start in russia where the mo, x finish up this week. the index rallied on thursday as the nation's economic ministry. and now to the countries g, d, p growth, 10.9 percent year on year in may. moving to asia where the shanghai composite is in the red marking one of its worst performances. in the last few months, fridays drop was driven primarily by slowing economic growth and credit concerns i

s. economy green inside as always, micro pinto, and octavia ramsey. thank you both for your time. thank you. you're welcome. and that's it for the time you can catch boom bus on demand in the portable tv app available on smartphones and tablets. google play in the apple app store by searching portable tv. one tv can also be downloaded on samsung, smart tv, and roku devices, or simply check it out portable dot tv will see you next. me . ah. the democratic dominated select committee investigating the events of january 6 on capital hill has been constituted and will start proceedings next week. will it be merely political theatre? a proverbial lunch room? food bite on national display? one thing is for sure these proceedings will reflect deep political divisions. sadly, finding the truth looks to be a secondary important the the. ready ready me a lot. yeah. yeah. the last person, i mean, often the saw with the global blue book truly i don't have someone for the the because it's always more you need to. he's going to contribute the usually so which and practice and what gone. yeah. be

here as the u. s. economy moves forward and his people go back out again in a sense of this country getting over this virus and speaking of the vaccine. gabriel, what can you tell us about 5 are seeking us approval for a booster shot. a 3rd job. yeah, there's a lot of confusion about this, but the announcement by pfizer law on thursday that they are pushing or researching if you will. this booster shot came as a big surprise quite frankly. and late thursday, the c d. c and f. d a. the food and drug administration, the 2 bodies here in the u. s. that approved vaccines essentially came out with a very rare, unusual statement late thursday, basically saying hold on, we don't think anyone needs a booster shot at this point. and so pfizer is basically saying they're researching it, they're, they're studying it. and in the coming weeks they plan to present their data to us health officials for them to examine. but they're thinking that perhaps a booster shot will be needed for people that got the pfizer vacc

the u. s. economy groomed by more than 6 percent in the 1st quarter, and it's expected to show growth of more than 10 percent in the 2nd quarter. we've now created over 3000000 jobs as it took office, more jobs. they've ever been creating the 1st 5 much of any presidency in modern history. actually incredible work in the entire team. this is historic progress. pulling our economy out of the worst crisis in 100 years, driven in part by our dramatic progress and vaccinating our nations and beating back to pen damage. that i get to you and bye talk to paved way for elections in libya, have failed to find common ground. the week long negotiations in geneva were expected to confirm the terms of the presidential and parliamentary vote. elections would be a critical stephan efforts to bring stability to libya. those are the headlines. the news continues here on august era. after the bottom line we back enough and goodbye. the. ready news hi, i'm steve clements, i have a question with donald trump back

s. economy green inside as always, micro pinto, and octavia ramsey. thank you both for your time. thank you. you're welcome. and that's it for the time you can catch boom bus on demand and the portable tv app available on smartphones and tablets. google play in the apple app store by searching portable tv, portable tv. you can also be downloaded on samsung, smart tv and roku devices or simply check it out portable dot tv will see next find me ah, ah, is your media a reflection of reality? in a world transformed what will make you feel safer? type relation. community you going the right way? where are you being that somewhere? which direction? what is truth? what is faith in the world corrupted. you need to this end ah, in china's raising prices. they're the ones who are dictating prices. so we're creating a monster here. we created a brick and monster. we've got china, economy zooming, they can raise prices at will, in no matter how high china raise prices for americans to buy their good biden's, going to print more money to send to china. this is worse to still be in chinese fing

that's the latest message from president, bite it, as he started the tremendous growth the u. s. economy has seen, but of course, that's when we compare it to 2020. now, while prices have seen their biggest jump in 13 years buying and set his administration is confident that it won't stay that way for very long take a listen in the data shows that most of the price increases we seen are, were expected, and expected to be temporary, i want to be clear, mind ministration, understands, and if we were to ever experience uncheck inflation over the long term that would pose a real challenge to our economy. so our confident that is what we're seeing today. we're going to re vigilant about any response that is needed. joining us now to discuss is, boom, boscoe host an investigative journalist, been swan. now ben biden claims, there is proof that inflation will only be temporary. but i mean, is there anything to suggest that prices will actually go down, or is the expectation that they will eventually just stopped going up? well, i think it's more of a ladder than the 1st. there is no ind

the stock market, especially in the u. s. economy green inside as always, micro pinto, and octavia ramsey. thank you both for your time. thank you. you're welcome. and that's it for the time you can catch boom bus on demand in the portable tv up available on smartphones and tablets. google play and the apple app store by searching portable tv. portable tv can also be downloaded on samsung, smart tv, and roku devices, or simply check it out portable dot tv will see next time me so what we try to do is really to leverage on the knowledge of this partners from developed countries. and they offer free of charge services stamps, of course little was so we asked this is sort of a broker 12 teams from developing an emerging countries to get access to state. because clearly one of the issues, one of the show stoppers is the cost of the launch in the operation. the in the a top stories is protests empty stadiums. and lastly, in fact, it will tell you bit not quite the opening ceremony. lympics is hoping for us to take here games final