Confusion over US stimulus plans as Pelosi rejects airline aid
09 October 2020 |
12:29 pm
US lawmakers are still discussing a possible stimulus plan, after Donald Trump called off bipartisan negotiations and then backtracked on his decision. The Speaker of the House of Representatives, Nancy Pelosi, has added to the confusion by rejecting a "standalone" aid package for the airline industry. The labour market meanwhile shows more signs of stalling, as unemployment claims remain high. Also in the show: the French government expands its support for small businesses, and Google loses a court case over paying for news content.
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Talks over a new stimulus plan for the US economy have been thrown into disarray by a series of tweets by President Donald Trump on Tuesday. First, he said he was stopping negotiations with Democrats over the plan until after the election, but he subsequently added that he was open to agreeing to certain measures. Also today, we look at the details of a new Congressional report on the biggest technology companies and calls for powers to break them up.
9 Oct 2020
US lawmakers are still discussing a possible stimulus plan, after Donald Trump called off bipartisan negotiations and then backtracked on his decision. The Speaker of the House of Representatives, Nancy Pelosi, has added to the confusion by rejecting a "standalone" aid package for the airline industry. The labour market meanwhile shows more signs of stalling, as unemployment claims remain high. Also in the show: the French government expands its support for small businesses, and Google loses a court case over paying for news content.
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