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Business Matters: US Congress' last-ditch talks on virus stimulus fail

US Congress' last-ditch talks on virus stimulus fail

08/08/2020 GMT

BBC World Service - Business Matters, US Congress' last-ditch talks on virus stimulus fail

Democrats and Republicans remain at odds over how to support the pandemic-ravaged economy

Last-ditch negotiations at the US Congress to forge another stimulus package for the coronavirus-ravaged economy have collapsed in stalemate. Democrats and Republicans remain at odds over everything from unemployment benefits to financial aid for schools to cash injections for states' coffers. Meanwhile, President Trump has suggested he may unilaterally extend the federal enhanced unemployment benefit system. New York Times reporter Emily Badger explains why black Americans would be most hit if the programme wasn't extended. Also in the programme, we'll get the latest on President Trump's threats to companies dealing with Chinese firms WeChat and TikTok. And we'll hear from our sister programme Marketplace about how the coronavirus pandemic is shifting attitudes towards service robots.

All through the show we'll be joined by Colin Peacock of Radio New Zealand.

(Picture: U.S. Speaker of the House Rep. Nancy Pelosi and Senate Minority Leader Sen. Chuck Schumer. Picture credit: Getty images.)

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