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.

Brazil's governors take on Bolsonaro: We've previously written about the tensions between local and national governments over coronavirus response, but few places have had it as bad as Brazil. As COVID-19 infections surged in Brazil, the country's governors quickly mobilized – often with scarce resources – to enforce citywide lockdowns. Brazil's gangs have even risen to the occasion, enforcing strict curfews to limit the virus' spread in Rio de Janeiro. But Brazil's president, Jair Bolsonaro, has mocked the seriousness of the disease and urged states to loosen quarantines in order to get the economy up and running again. "Put the people to work," he said this week, "Preserve the elderly; preserve those who have health problems. But nothing more than that." In response, governors around the country – including some of his allies – issued a joint letter to the president, begging him to listen to health experts and help states contain the virus. The governor of Sao Paulo, Brazil's economic powerhouse, has even threatened to sue the federal government if Bolsonaro continues to undermine his efforts to combat the virus' spread.

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Governments of the developed world are finally responding with due sense of urgency, individually in 3 different ways.

1st, stand health care systems up so they won't get overwhelmed (late responses). The private & public sector together, building additional ICU beds, supply capacity and production of medical equipment and surge medical personnel in the US, Canada, across Europe & the UK. Unclear if we avoid a Northern Italy scenario. A couple days ago, Dr. Fauci from the NIH said he was hopeful. Epidemiologists and critical care doctors don't feel comfortable. Not in New York, Chicago, LA, Boston, Philadelphia, New Orleans. In Europe, particularly London, Madrid, Catalonia, Barcelona, might be significantly short.

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The major outbreaks of coronavirus in China, Europe, and the United States have garnered the most Western media attention in recent weeks. Yesterday, we went behind the headlines to see how Mexico and Russia are faring. Today, we'll look at three other potential hotspots where authorities and citizens are now contending with the worst global pandemic in a century.

Start with India. For weeks, coronavirus questions hovered above that other country with a billion-plus people, a famously chaotic democracy where the central government can't simply order a Chinese-scale public lockdown with confidence that it will be respected. It's a country where 90 percent of people work off the books— without a minimum wage, a pension, a strong national healthcare system, or a way to work from home.

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In the end, it took the coronavirus to break the year-long deadlock in Israeli politics. Prime Minister Benjamin "Bibi" Netanyahu will still face corruption charges, but he has yet another new lease on political life, as he and political rival Benny Gantz cut a deal yesterday: Bibi will continue as prime minister, with Gantz serving as Speaker of the Knesset, Israel's parliament. After 18 months, Gantz will take over as prime minister, but many doubt that will ever happen.

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