COVID-19 Cripples the Restaurant Industry

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 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. Meyer discusses the toll coronavirus has taken on his own business, his decision to let go 80% of his workforce (2,000 employees) and the dimming prospects of survival for many restaurants in America, including some of his own.

Bank of America CEO Brian Moynihan announced a $1 billion, four-year commitment of additional support to address economic and racial inequalities in our local communities that have been intensified by the global pandemic.

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As protests over the police killing of George Floyd raged across the country, there have been more than 125 instances of journalists being shot with rubber bullets by police, arrested, or in some cases assaulted by protesters while covering the unrest.

Foreign news crews from Germany and Australia have been caught up in the crackdown. Australia's Prime Minister has even called for an investigation. Some of these journalists have simply been caught in the crossfire during surges of unrest, but video and photographic evidence reveals cases where police have deliberately targeted reporters doing their jobs.

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600,000: French authorities said 600,000 residents downloaded its new coronavirus contact tracing up within the first few hours of its release. The app, which aims to prevent a second wave of infections in that hard-hit country, has stirred controversy in France amid concerns that the data it gathers could be abused by the government to surveil people.

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As anti- racism protests rocked US cities in recent days, thousands of people gathered in cities around the world in solidarity. In some instances, demonstrators assembled outside US embassies — in Berlin, London, Paris, and elsewhere — to condemn the police killing of George Floyd. In others, crowds inspired by the Floyd demonstrations gathered to protest systemic racial injustice in their own societies. Here's a look at where demonstrators have taken to the streets in recent days.

This week, Ian Bremmer is joined by analyst Michael Hirson to take the Red Pen to an op-ed by New York Times Opinion columnist Bret Stephens.

Today, we're marking up a recent op-ed by New York Times columnist Bret Stephens, entitled "China and the Rhineland Moment." And the subheading here is that "America and its allies must not simply accept Beijing's aggression." Basically, Bret is arguing that US-China relations are at a tipping point brought on by China's implementation of a new national security law for Hong Kong. And he compares this to Hitler's occupation of the Rhineland in 1936, describes it as the first domino to fall in Beijing's ambitions.

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