EU’s investment sagas & supply lines shattered?
With a fresh post-Brexit trade deal sealed with the United Kingdom, the European Union has also secured a major flow of investment from China as the year winds to a close. Professor Richard Wolff, Host of the Economic Update and Boom Bust Co-Host Ben Swann offer their insight on the measure, and break down China’s path to being the world’s largest economy. And the United States has now confirmed that the new hyper-infectious strain of Covid-19 is now within its borders. RT America’s Natasha Sweatte offers a live report from Los Angeles on the situation and the state of the stimulus package in the US Congress. Plus, we take a look at the broad economic impact of the coronavirus pandemic on supply chains around the globe. John Quelch, Dean of the Miami University Herbert Business School brings us up to speed on the retail sector and offers his take on what could happen after the pandemic.
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