Main content
Sorry, this episode is not currently available

Coronavirus: US economy sees sharpest contraction in decades

It was the deepest decline since the US government began keeping records in 1947 and three times more severe than the prior record of 10% set in 1958

The US economy shrank at an annualised rate of 32.9% between April and June as the country grappled with lockdowns and spending cutbacks during the pandemic.

Also in the programme: Albuquerque’s Democratic Mayor,Tim Keller, tells us why he wants to stop the deployment of federal forces in his city; and the rise of new Covid-19 cases in Europe makes some countries re-establish new restrictions.

(Photo: Food banks have seen a surge in demand. Credit: Getty Images)

53 minutes

Last on

Thu 30 Jul 2020 20:06GMT

Broadcast

  • Thu 30 Jul 2020 20:06GMT

The New Silk Road

The New Silk Road

How China is launching a major new trade route via the ancient Silk Road

70 Years On: Partition Stories

70 Years On: Partition Stories

Memories and stories of Partition in 1947 and the legacy Partition leaves with us today

China, the Party and the People

China, the Party and the People

Clips, reports and highlights on a society in flux

Inside The Philippines’ Deadly War On Drugs

Inside The Philippines’ Deadly War On Drugs

A brutal crack-down on drugs that has claimed more than 7000 lives

Podcast