Who dares dare to ask to be seizing probably just as president. He tried it with the generals, and who by his field goal was the rear wheel neocons can control the boom bust the one business show you cant afford to miss something. I want to fail in washington coming up more positive news for a whole bit about how to wall street trading about your record on monday, break down where investors are putting their money on the top to bottom out to trade deal and join 15. 00, Asian Pacific countries together, but the Worlds Largest economy and blocks out, we have a lot to get. So lets get started. A historic day for modernity. As preliminary results show its corona virus vaccine is more than 90 percent effective on monday, medinas early data showed 94. 00 efficacy for its act. Seen data also showed the drug maker gave 15000 participants a placebo shot out of those 90 people got sick. On the other hand, another 15000 participants also received the vaccine or actually receive the vaccine. Only 5 people got sick and thats where you get that nearly 95 percent efficacy, those 5 who developed cove at 19, none of them had severe symptoms. But then as president , dr. Steven hogan hopes to submit documents for approval in just the coming weeks. We know about 20000000 doses of the vaccine by the end of this year. The count here. And were looking forward to making about 500000000. 00 to a 1000000000 doses next year. But even the rate they which were choir and cases, we do expect that will have probably 150. 00 or under 51. 00 cases at the final analysis. We do expect that to be done within a couple of weeks. Youre on them or more perilous, those documents and submit them to the f. D. A. In the coming weeks. Mcgurn, a shares jumped 12 percent in premarket trading. This is the 2nd vaccine in the United States to have a stunningly high success rate. Last week, pfizer announced that early data shows its marxian is more than 90 percent effective. Meanwhile, the European Medicines Agency is Human Medicines Committee said its starting a rolling review of maternal covert 1000. 00 vaccine. The regular is already reviewing vaccines from astra zeneca and pfizer. All in an effort to speed up the approval process. Now to a coronavirus update over the weekend, the us or past 11000000, new coburn 1000 cases. This comes only one week after hitting 10000000. Thats an average of about 150000 last week. Positive test rates and hospitalizations are up across the country, forcing states to place even more restrictions on social gatherings and even travel. The u. S. Leads global cases and deaths with more than 246000 televisa. Meanwhile, countries in europe announced more lockdowns. Strict measures are being placed as covert cases continue to surge, and south korea saw 3 consecutive days of triple digit cases, also forcing the country to tighten restrictions. Its being called one of the largest Free Trade Agreements in history. Over the weekend, 15 Asian Pacific nations signed the worlds biggest free trade pact over the weekend 15 Asian Pacific nations. They signed this trade park in an effort, in a way for lower tariffs or minimizing red tape. And arties, a correspondent, has more china than have to have the 1st hand to open fast tracks and going away. Its to facilitate economically opening. Its been almost 8 years in the making and on sunday, the original comprehensive Economic Partnership known as r c. E p was officially signed. Its the 1st trade agreement that connects china, japan, and south korea, among the 10 countries belonging to the association of Southeast Asian nations covering some 2200000000 people. The agreement makes already low tariffs on trade between member countries, even lower. Some analysts say this new deal is the Worlds Largest trading bloc, according to almost a 3rd of Global Economic activity. Something economists say is needed for recovery during the pen demick. The global and regional economies are faced with immense obstacles and challenges arising, not only from covert 19, but also from the decrease in global trade. The conclusion of the r. C. E. P. Negotiation, the largest Free Trade Agreement in the world will send a strong message that affirms asean leading role in supporting the multilateral trading system, creating a new trading structure in the region. The Virtual Meeting was designed to set trade rules, investment details, ecommerce and copyright specifics. The deal includes 15 countries, 2200000000. 00 people with a combined Gross Domestic Product of 26. 00 trillion dollars. Economists say by 2030, the deal could add roughly 200000000000. 00 a year to the global economy. The past initially included 16 countries, but india backed down amid concerns over cheap imports flooding. The country, particularly from china on sunday. Leaders said the door remains open for india to join the deal. Signing comes amid trade tensions between china and australia. Its not yet clear. If beijing will cancel its latest tariffs and restrictions, although u. S. Is not part of the agreement, the venue means Prime Minister said on sunday it would continue its close ties to the us, regardless of who takes office in january. The trade agreement is set to effect within the next 2 years after countries ratified the deal reporting in los angeles and pasha suites r. T. For more, lets bring in bill with cohost chrystia. Chrystia. Good to see you and lets talk about the asian markets. Bouncing and back and monday, session, another after these 15 economies in the region signed this alliance. Why is this such a big deal . Well, this is not a pretty big step for china, especially as its basically in the Worlds Largest trade alliance right now in this region comprehensive Economic Partnership where our c. E. O. Is now the largest trade, while its a deal that specifically the u. S. So the entire goal of the r. C. P. Is to balazs some of the 92 percent of trade goods terrorists, which would then the least of which would then deepen as i can get so as a result and automakers today, those names are soaring, we japanese almost being the base and so you have nissan mazda and thats a b. Shes an ongoing and ive presented a and also high tech such an alternate. So this deal comes after 8 years of negotiations. Other countries are hoping that together this will help you know, recovery from the shock of a run american. So i get disagreements on a very strong message to washington. Over the trumpet. Ministration has been trying to sever trade in favor of protectionism. But now its china being, its also trust us as a champion of our operation. Well, it is interesting because they are the worlds 2nd largest economy. But much like you said, this has been 8 years in the making. And this is, were looking at a proximately adding 200000000000 dollars a year to the global economy. Much like you said, did you feel, do you believe that its rushed . Or that given the timing of this is really because of the pandemic . I dont think its been a rash because it has been 8 years in the making. I do think it is a good comprehensive deal in order to promote further trading operation between that you mentioned. I do think that the timing of it is very beneficial soup to, especially the smaller parts of the irony. Those have been the most severely impacted by the virus. Since essentially theyre, our economy is basically based offer to ours. And so rich and strange and the industry particular have been severely damaged by cobra 19 given that theres basically no trouble at all. Well, india is also pretty high up in cases and their economies also struggle, but theyre, theyre unsure, at least as of now theyre not part of this deal correct . Currently they are not made saying that if they will welcome you back into the whole issue is ready to join. But currently, as it stands right now, and he has used to join the ranks in response to that in response to the fact that they believe that they want to keep more of the high tech in that region, inch river in its own country. And there has been tension between india and china. That is christy, how is washington taking this . What is their response if anything yet . Well, this is a really Alarming Development for washington as it just basically expands just economic and trade and violence, especially in china. So this deal is being our way for china to drop the trade in the region are now transpacific, partnership, trade. So cartridges. So charming secretary and you made the 1st, trump china at a time this week saying that his incoming administration, they should start a new route. I remember she wanted to undo the past 4 years of great treats and that often also calls for a shift away from has lots of rest of that rests reciprocity to ensure the strategic competition between the worlds 2 largest economy will result in the u. S. Closing off well, so 2 years ago also had warned that the trajectory of the trumpet ministration, they would establish an economic ire. And its interesting to see that after so many sanctions and thats the restrictions crackdown public knowledge. Many of his predictions actually didnt hand out well if they really did. And you mentioned the u. S. And china, theyve been in the trade war. And what president truman restoration has done with, with the relationship between the 2 countries. Is this going to pave the way for washington under president elect joe biden, to then return to the Transpacific Partnership . We know that the trump trump pulled back from it and signed the executive order pulling out of it in 2017. Well, potentially, so i did actually back to t. V. Under obama and said that you would really go shoot a trade, you know, if he was elected, hed spoken that you knew while it wasnt perfect, you know, it was a good way for countries to come together to put her kind of access. So right now the r. C. M. P. And its people are kind of in a face off against one another with r. C. He had a 30 percent of the world economy. And that he, in its original form, the u. S. That would have been at 40 percent. So when this treaty trading was the u. S. Multinationals, they would definitely benefit from driving under the new ministration option, certainly on the table. So we could see the u. S. Rejoin the successor deal, but we still have a long way to go before that because thats not expected to be. And i already from washington, given the considerable negative response to the negotiations from many segments of the u. S. Market or well, even the United States. And here weve seen that china has been an issue, a bipartisan issue, where both, both the democrats and the republicans say they need to go against china, at least in terms of these tariffs and continue to not necessarily left tariffs or escalate tensions. What can we expect from from president elect, joe biden . You think i think you will be forced to also take a very hard stance on china, which is why its, i guess, is not going to be a priority at all. Hes going to make a priority about quiting central back. So this is going to be pushed on the back burner for now. Because as you said, this is an issue that the democrats also strongly about saying and citing very specific instances that china and asia pacific nations because of the cheap labor, they have been stealing jobs away from americans. Thats their and their stance for a really long time. Which is why he wants to renegotiate a deal saying that is not the way it is right now. And that he will be very strong stance against trying to, even, even as we try to simmer down the antagonistic reciprocity. Now weve seen or heard the term ministration. Especially with the tensions between them. We know a lot of experts analysts have said that, at least with joe biden, we would president joe biden, we would be able to, hes a little more, at least a pragmatic about things. And that at least people can see where hes going to go and how hes going to take this chrystia cohost. I think that the only bank you for breaking this down for us a quick break. But when we come back, another historic opening up the possibility of our law is your media a reflection of reality . In a world transformed what will make you feel safe . Isolation or community . Are you going the right way or are you being led away . What is true . What is faith . In the world corrupted, you need to descend to join us in the depths or a maid in the shallows. A new gold rush is underway in ghana. Thousands of ill equipped workers are flocking to the gold fields, hoping to strike it rich. Heres a good children are torn between gold. My family was very poor. I thought i was doing my best to get back to school, which side will have the strongest appeal . Another big day for wall street, the dow futures jumped 500 points on news that Pharmaceutical Company announced the 2 had developed a highly effective covert scene as we previously mentioned. It was just one week ago when pfizer announced it developed a covert vaccine the how to achieve 90 percent africa c. In clinical trials. Well, joining us now to discuss has been was cohost swan and otavio monsey the c. E. O. Of openness. Gentlemen, thank you for joining me today. Lets begin with you. Im a journalist, claim a vaccine is 94 percent effective in clinical trials. And that meant not just a surgeon major in a stock, obviously, but also in the stocks for travel and tourism. Right. Well i hysteria the corner serves in that general store. I think 1st light looks to me like a bit of a disappointment. Looks a bit like a damp squid when you think about it. Modernity is sort of a start up. Biotech Company Means as one of the new after efficient and a lot of pfizer, the other big and their approach to developing vaccines are but most of them. So now that it looks like their approach is vindicate, big breakthrough seems to work their results are very impressive. And the store is only going up 10 percent. I would say thats a bit of disappoint us, not terribly impressive. Youd expect this to be the movie that was successful as the stock price soaring in triple digits. As a result. What is actually interesting too, is if you know, as a stock piles the dow, some of done as a market cap with a 3. 85 is market cap came down about 7. So theres been a net destruction of share over the write ups or travel. So it was a mirror to the world but more amazing as well. Thats something were going to see. Some are to what happened last week when we saw the pfizer stock surge because of the vaccine news optimism we kind of started going down after a few days because cases are still going up. Well, i mean, the case is still going up, might be good news for them as the banks in the banks, in when the banks actually comes to market. So i dont think cases going up is a bad thing is bad for the world than the one whos infected for the pharmaceutical companies who have a vaccine for the illness. So i dont think thats driving. I think people are looking at this with some skepticism among the right size dollars of them. So i was didnt get the poll that you expect to get a breakthrough. So i think the markets are looking at this is interesting. Theres a chance this works. Were going to reserve judgment see your stock price for through that. d it seems that way, and then were not looking at a 2nd, an ounce amount of this covert vaccine in just 1. 00 weeks time of over 90 percent efficacy. But what does this actually mean for the rollout of the vaccine . Which means a couple things. Number one, obviously this is, these are claims being made by pfizer and by mcdermott these have not necessarily been verified that the vaccine would actually work this way. This is just what theyre telling us. And i do think its important to note, you know, the mention of the stock jumping. So mcdermotts stock jump back in the spring because madonna has a very bizarre relationship working alongside the National Institutes of health and actually getting taxpayer dollars to develop their vaccine. Other Companies Like pfizer got 2000000000. 00 taxpayer dollars, but theres a difference here. The difference with moderna is that the technology theyre using was actually developed by the end i h. And the National Institutes of health. And its not really journals development. Thats the 1st thing. The 2nd thing, i think its very interesting about both of these cases and very few people are talking about this one mode. Ernest stop shot up in the spring would journalist top 5 executives actually sold 80 percent of their stuff. They sold a huge amount of it, which was absolutely shocking to a lot of people if youre really watching what theyre doing, if your stock is going up, why are you selling it right now . A similar thing happened last week. The same day the pfizer made its announcement, the c. E. O. Pfizer actually sold 60 percent of his stock. Now that already been kind of prearranged to happen. That decision to do so was made back on august 19th, but it just so happened that it coincided selling 60 percent of his stock coincided with this announcement last monday. So the only reason i bring this up is if youre an investor that has to make you say, lets give it a pause and lets see if this stuff really works. Because why would the people, with the most thought be selling that right at the time of these announcements are coming out for a vaccine that going to be taken worldwide . Well, and the other thing too, were looking at these high efficacy rates, right . The number, the f. D. A. Only required 50 percent. How important is that been . Well, it is important if its true, but remember again, this is, this is what were being told by move. This is what were being told by pfizer. Thats what theyre saying. Based upon the studies that theyve done, all of this has to be verified. There has to be a process of verification that the f. D. A. Is going through. And on top of that, obviously everything has kind of been sped up through this process. But even so there has to be verification for that. So you can come out and say 90 percent efficacy and were going to can say we can do better than that. We got 94 percent efficacy. Great, but it has to be proven hedges. We cant just take you at your word that this vaccine is that is that effective still needs approval. Number one, a number 2, were looking at a new technology and r. N. A. Which both of these facts right tend to have that we really dont know what some of the long term ramifications could be. And we, and we paid for the development of it by the way, as taxpayers. But were also supposed to pay full price for about elements that were already paying right. The mounds of money, of the millions of dollars for to have these manufactured without knowing whether or not theyre getting work so that thats another thing. Meanwhile, of the p. And c. Financial Services Group agreed to by the u. S. Army of spains b. V. A. For 11600000000. 00. The companys both said on monday, in one of this is one of the largest bank tie ups since the financial crisis. A deal would create basically the 5th largest u. S. Retail bank with more than 550000000000. 00 in assets. A giant in an industry that has been pretty slow to consolidate. What more can you tell us about this deal . Well, i think youre actually right. The banks have been quite so those consoler that because they have wanted its been more the regulator has been very cautious giving them permission to do about the safety of the financial crisis. Also banks fall into the too big to fail. Cash, very regulated become very cautious and circumspect about approving these kinds of mergers and also make an issue. So its a deal that makes little sense in seize those areas. So as not, weve expanded geographically. This acquisition of the v. A. s branches and assets in the us to expand south and southwest. So that makes sense. I think theres a sense that they might be paying a bit too much, this acquisition. So the price tag, the question is, is that worth that . And it looks like the market is sort of giving slightly negative, bracing on this is saying, well, a lot of the other regional banks, the day sophists, bank regions have a really good day on the back of this vaccine use. Because it looks like things are back to normal, not going to be losses in terms of losses, open exposures there, and p. And c. So is just about one percent average for the so a bit of a yawn in terms of Market Reaction to something makes looks at strategically and a positive sign that regulation would be easier on future mergers and acquisitions. The banking spaces. And i want to get a quick answer before we go about a minute left, but how we hit rock bottom with stocks . We know chinas recovery. It looks to be a little bit faster than the rest of the world. What do we should we expect . Well, i dont know that weve hit rock bottom with anything at this point. I think theres always room to go down, but i wouldnt use the stock market again as a gauge for any of this. I think its important to recognize that what were seeing with vaccines very quickly here. Yes, its causing the stock market to bump a little bit, but at the same time, there are Big Questions about what will the policies, especially about biden administration, be Going Forward will or without a vaccine . Will we see lockdowns again and will we see continued lockdowns across the country if that happens, expect to see the stock market not recover the way that a lot of people are hoping that it will bend so on. Thank you both so much for helping us break this down for everyone. Space x. Launched for astronauts the International Space station, the 1st to regularly scheduled trip, taking for nasa astronauts to space. And what will be many more of this kind r t correspondent, john hardy, has more from miami, about the historic lunch of another historic launch, a joint venture between space, x. And nasa. And while this particular trip was once again to the International Space station, more than likely both space x. And nasa will be launching missions pretty soon to not only the moon, but at some point to mars 3210 s. And with that, the taxi rides to space began. The space x. Falcon rocket carrying the dragon capsule, name resilience for the mission blasted off sunday evening for the 9 minute shot into orbit aboard the dragon capsule. Aptly named crew one astronauts. Michael is hopkins shannon walker. Victor glover and japanese astronaut. Early back in may, astronauts, bob banking and doug hurley rode the space x. Dragon in the historic 1st flight between space x. And nasa. A test to essentially work out the initial glitches while 4 hours after liftoff during this particular mission. Nasa announced it was investigating a quote issue with propellant heaters, though the issue was resolved about an hour later. Nasa and space x. Completed the final certification process last week. Providing space x. With the nasa seal of approval to shuttle astronauts regularly into orbit space x. President. When shotwell said more missions are scheduled to come in the next 15 months, we should be flying roughly 7 dragon missions. And this mission represents the initiation of a dragon in orbit, continuously knocking on wood and certainly is really the beginning of a new era and human spaceflight space. X. Found real on musk, unfortunately had to watch from the sidelines or whatever. He was quarantined after reporting. He was showing mild signs of cold, 19 and testing, oddly enough, both positive and negative for the virus. After the successful launch, he tweeted a single heart president elect joe biden. Meanwhile, tweeted his congratulations to nasa and space x. And before the launch nasa administrator jim wright in staying tweeted this picture of both he and shotwell with the 4 astronauts will be brought into things last launch as the head of nasa is planning to step down january 20th, but he leaves behind an exciting new era for nasa space x. As both gear up for a mission to the moon. And one day a mission to mars. For boom, bust john hardy. Thats all for now. Catch us on the man on the portable t. V. Up available on your apple and Android Devices or check it out at portal dot t. V. Well see you next time. Is facing probably his last battle as president who he tried over the generals and who by his Foreign Policy pick up where we were neo cons again, back in control. During the vietnam war, u. S. Forces neighboring laos. It was a secret war. And for years, the American People did not know how much it is officially the most heavily bombed country per capita. Human history, millions of unexploded bombs still in danger. Lives in this Small Agricultural country. Jordyn wieber. Nothing. Even today, kids in laos full victims of bombs dropped decades ago, is the u. S. Making amends for the tragedy and help to the people need in that little land on the eve of the you know, whether to avoid internal political upheavals Holding Early parliamentary elections is inevitable staring down the barrel of mass protests, the president of armenia calls for the governments resignation. It follows a week of public anger over the peace deal between armenia and azerbaijan, which halted the conflict in the garner car obama. Meanwhile, displaced under the new deal. Armenians tear down and torched their homes as they are forced out of areas now controlled by azerbaijan. They say they dont want to leave them for who they see as the enemy. We had a good life. Now we are tearing down the houses, we build stuff, so i know one thing for sure. I wouldnt even want my anybody to find himself in a situation