Trump prepares for a potential speech on race and unity by attacking an elderly protester and defending Confederate-named buildings, Republicans feel the pressure on police reform, and Joe Biden opens up a big lead in the polls. Then Stacey Abrams talks to Jon about the voting disaster in Georgia and her new book, Our Time Is Now.
The new head of Chicago’s police union gives his opinions about local calls for reform, police misconduct, and the relationship between the police and the public. WBEZ’s Patrick Smith joins us for context and analysis.
Despite the Covid-19 pandemic efforts to counter massive swarms of locusts across East Africa have continued. In many places this has been very effective, killing up to 90% of locusts. However, the threat of repeated waves of locusts remains says Cyril Ferrand, who leads the UN Food and Agriculture Organisation's Resilience Team in East Africa.
Conversely West Africa is unaffected by locusts and with a block on imports local producers have seen demand grow for their produce, an unusual positive effect from the pandemic according to Sandrine Dury from the French agricultural research agency CIRAD.
We examine the potential for a second wave of coronavirus as many countries relax lockdown measures, businesses reopen and mass protests take to the streets. Epidemiologist Carl Bergstrom is interested in working out which of these movements is likely to have the most impact.
And from South Africa, how radio telescope engineers there have turned their hands to developing new ventilators appropriate for regional needs.
The Federal Reserve expects low inflation, says rates will stay close to zero through 2022 and keeps lying about the role of central banks in increasing inequality.
Three Arrows holds more than 6% of Grayscale Bitcoin Trust
New platform for censorship-resistant blogging
Coinbase announces new token potentials as anti-surveillance hodlers flood out
Today's main topic: The Fed's inequality problem
Some key takeaways from yesterday’s Federal Open Markets Committee meeting:
Interest rates are likely to stay near zero through 2022
Unemployment anticipated to average between 9% and 10% during last three months of 2020
Economy expected to contract 4% to 10% this year
No specific discussion of yield curve control
Inflation expected to be 1.0% this year and 1.5% in 2021, lower than Fed target of 2%
According to Chairman Powell, inequality has nothing to do with Fed policy
On this episode, NLW recaps the above and dives deeper on two of the points:
Net inflation stats gloss over specifics, including food prices that have been rising at an annual rate of 17.5%
The Fed’s pronounced role in exacerbating inequality by propping up artificially high asset prices, effectively locking low and middle income households out of the mechanism for economic advancement
On June 1, 2020, the U.S. Supreme Court issued its decision, in GE Energy Power Conversion France SAS v. Outokumpu Stainless USA LLC. By a vote of 9-0, the Supreme Court reversed and remanded the judgment of the 11th Circuit. Justice Thomas, writing for the Court, held that “The Convention on the Recognition and Enforcement of Foreign Arbitral Awards does not conflict with domestic equitable estoppel doctrines that permit the enforcement of arbitration agreements by nonsignatories to those agreements.” Justice Sotomayor filed a concurring opinion. To discuss the case, we have Sadie Blanchard, Associate Professor of Law at the University of Notre Dame. As always, the Federalist Society takes no particular legal or public policy positions. All opinions expressed are those of the speakers.
Two million COVID-19 cases in the US -- and the numbers are rising in many states. Statues of Confederate leaders and other figures deemed offensive are toppled throughout the country. President Trump resists a push to rename military bases named after Confederates. Steve Kathan has the CBS World News Roundup for Thursday, June 11, 2020.
Interview with Cameron Reilly. He is the writer and director of a new fun movie "Marketing The Messiah". We learn how he escaped religion and where the idea for this movie originated. Plus, some tips on how to market a religion. Investing Skeptically: Super Shitty Fund "USO"
After decades as the continent’s penny-pincher, the country seems to be splashing out. That isn’t just a covid-19 response; a big thrift shift was already under way. Burundi’s brutal outgoing president of 15 years has died. Will his chosen successor be any better? And after some serious number-crunching, The Economist launches its US presidential forecast.
We look back at protests from the civil rights era — both nonviolent and violent — to understand how these actions lead to changes in public policy. This history gives us ideas about how the media coverage and public opinion polls of today could be early signs that public policy change will follow. Featuring longtime San Francisco resident Darrell Rogers and Omar Wasow, an assistant professor of politics at Princeton University.
Reported and produced by Katrina Schwartz, Asal Ehsanipour and Olivia Allen-Price. Engineering by Rob Speight and Katie McMurran. Additional support from Nicole Barton, Erika Aguilar, Jessica Placzek, Kyana Moghadam, Paul Lancour, Suzie Racho, Carly Severn, Bianca Hernandez, Ethan Lindsey and Vinnee Tong.
To hear the president tell it, you would think that antifa activists are blanketing the country -- bringing their campaign of vandalism and looting and lawlessness to your town. These fears are sown and circulated through digital whisper networks that can be hard for outsiders to penetrate. But the online rumors are having real-life consequences.