Trump's Poor Response to National Protests, WHO Withdrawal Mid-COVID

Ben White, Chief Economic Correspondent for Politico, provides his perspective on the big news in US politics:

How is the White House responding to the mass protests and riots happening nationwide?


Well, in no significant organized way. A lot of presidential tweets on all sides of the issue but leaning towards law and order and criticizing ANTIFA. He has not showed an inclination to try and heal the nation, which is not something that's in his nature. So, no real organized, clear response.

What does America gain and lose by leaving the W.H.O.?

Well, it really gains nothing by leaving. Risks losing access to clinical trials, possibly to drugs that would be helpful in the fight against coronavirus and certainly not going to help get a lot of answers on China's response. So, it's a spiteful thing that is not going to bring the United States a lot of good results.

Where is the US in the fight against the coronavirus?

Well, we are up and down. We are doing well in the Northeast, in New Jersey and Connecticut and New York, cases going down, things looking better. But some places in the Midwest like Wisconsin and elsewhere, cases on the rise. So, we do not have it beaten and there is some risk of further outbreaks and spread from all of these riots and people not social distancing.

In Italy, stacks of plastic boxes in supermarkets and stores are not garbage - they are collected and reused, thanks to a consortium that specializes in recycling them for food storage. How do these "circular" plastic boxes help reduce energy consumption and carbon dioxide emissions?

Learn more in this episode of Eni's Energy SUPERFACTS series.

British economist Jim O'Neill says the global economy can bounce back right to where it was before, in a V-shaped recovery. But his argument is based on a lot of "ifs," plus comparisons to the 2008 recession and conditions in China and South Korea that may not truly apply. Ian Bremmer and Eurasia Group's Robert Kahn take issue with O'Neill's op-ed, on this edition of The Red Pen.

Today, we're taking our Red Pen to an article titled "A V-Shaped Recovery Could Still Happen." I'm not buying it. It's published recently by Project Syndicate, authored by British economist named Jim O'Neill. Jim O'Neill is very well known. He was chairman of Goldman Sachs Asset Management. He's the guy that coined the acronym BRICS, Brazil, Russia, India, China. So, no slouch. But as you know, we don't agree with everything out there. And this is the case. Brought to you by the letter V. We're taking sharp issue with the idea that recovery from all the economic devastation created by the coronavirus pandemic is going to happen quickly. That after the sharp drop that the world has experienced, everything bounces back to where it was before. That's the V. Economists around the world are debating how quickly recovery will happen to be sure. But we're not buying the V. Here's why. W-H-Y.

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Updated as of 7/13/2020

The United States and the European Union have comparable population sizes, but their COVID-19 death toll trajectories have recently become very different. Since the beginning of July, the average number of both new fatalities and new deaths per 1 million people is rapidly increasing in the US while it remains mostly flat in the EU. We compare this to the average number of new cases each seven days in both regions, where the US trend continues upward but is not surging like the death toll. EU countries' robust public health systems and citizens' willingness to wear masks and maintain social distance could explain the disparity.

As GZERO World kicks off its third season, Ian Bremmer is examining the state of U.S. response and recovery six months into the pandemic. Sen. Chris Coons (D-DE) joins to discuss what Congress has done to provide economic relief to businesses and people impacted by the unexpected and unprecedented downturn, and next steps still to come. He also takes jabs at GOP Congressional colleagues who he says have "followed (Trump's) lead rather than science."

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As GZERO World kicks off its third season, Ian Bremmer is examining the state of U.S. response and recovery six months into the pandemic. Sen. Chris Coons (D-DE) joins to discuss what Congress has done to provide economic relief to businesses and people impacted by the unexpected and unprecedented downturn, and next steps still to come. He also takes jabs at GOP Congressional colleagues who he says have "followed (Trump's) lead rather than science."

More Show less