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Danny Meyer: coronavirus impacts on his restaurants and no-tip workers

While the COVID-19 pandemic has had a devastating economic impact globally, few industries have been as hard hit as restaurants and hospitality. In the U.S. alone, losses north of $225 billion are projected over the next three months.

This week, GZERO World with Ian Bremmer is focusing on this story and what it means for businesses and employees alike. Ian interviewed famed restaurateur Danny Meyer, the CEO of Union Square Hospitality Group and founder of Shake Shack. In a candid and detailed conversation, Meyer discusses the toll coronavirus has taken on his own business, his decision to let go 80% of his workforce (2000 employees) and the dimming prospects of survival for many restaurants in America, including some of his own.


In this first clip, Meyer explains why he believes his controversial "no tipping policy," which raised hourly wages for his employees, could help them as they apply for unemployment benefits. He goes on to say that when he is able to reopen his businesses it will take time to rebuild the teams, and he will likely only reopen one or two of the establishments at first.

The episode begins airing nationally on public television on Friday, March 27. Check local listings and visit gzeromedia.com for more.

Now that Joe Biden is officially US president, leaders from around the world would like a word with him — but where will he make his first international trip?

After a tumultuous four years, many countries are now clamoring for a face-to-face with President Biden. That includes allies who felt abandoned by Trump's "America First" presidency, as well as adversaries with thorny issues on the agenda. We check in on who's pitching him hardest on a near-term state visit.

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Jon Lieber, Managing Director of the United States for the Eurasia Group, shares his insights on what to expect from President Biden's first 100 days:

It's Inauguration Day. And you can see behind me the Capitol Building with some of the security corridor set up that's preventing people like me from getting too close to the building, as Joe Biden gets sworn in as our 46th president. Historic day when you consider that you've got Kamala Harris, the first woman vice president, the first woman of color to be vice president.

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On Wednesday, Joe Biden will become president because eighty-one million Americans, the highest tally in US history, voted to change course after four years of Donald Trump's leadership. Like all presidents, Biden and his vice president, Kamala Harris, take office with grand ambitions and high expectations, but rarely has a new administration taken power amid so much domestic upheaval and global uncertainty. And while Biden has pledged repeatedly to restore American "unity" across party lines — at a time of immense suffering, real achievements will matter a lot more than winged words.

Biden has a lot on his agenda, but within his first 100 days as president there are three key issues that we'll be watching closely for clues to how effectively he's able to advance their plans.

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Kamala Harris was sworn in today as the first woman Vice President of the United States. That means she's only a heartbeat away from occupying the Oval Office — and could well be the Democratic candidate to replace Joe Biden if the 78-year-old president decides to not run for reelection in 2024. Should Harris — or another woman — become US president soon in the future, that'll (finally) put America on par with most of the world's top 20 economies, which have already had a female head of state or government at some point in their democratic history. Here we take a look at which ones those are.

The GZERO World Podcast with Ian Bremmer. Listen now.

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