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13 May, 2020 20:51

Grocery prices hit 50-year high! Inflation around the corner

Rick Sanchez discusses the economic impact of the COVID-19 pandemic. Grocery prices are skyrocketing and up to 40 percent of lost jobs aren't expected to return. Meanwhile, Washington may spend as much as $8 trillion in stimulus. He also looks at similar situations in Germany and India. RT's Peter Oliver reports on the legal battle between Germany and the European Union over a new financial stimulus plan for the Eurozone. Then former UK MP George Galloway and investor and economy expert George Gammon share their insights. They discuss how banks are incentivized to lend to big businesses instead of small businesses and families. RT America’s Trinity Chavez reports on the growing concern over a mysterious pediatric illness linked to COVID-19. RT America’s Michele Greenstein reports from the scene of the “Motor Coaches Rolling for Awareness” rally as the bus industry seeks a $15 billion bailout. Plus, investigative journalist and “Boom Bust” co-host Ben Swann discusses a legal ruling against the Telegram Open Network (TON) and its “Gram” cryptocurrency.