We do expect that to be done within a couple of weeks. Youre on the more prepared this is documents and submit them to the f. D. A. In the coming weeks. Mcgurn, a shares jumped 12 percent in premarket trading. This is a 2nd vaccine in the United States to have a stunningly high success rate. Last week, pfizer announced that early data shows its maxine is more than 90 percent effective. Meanwhile, the European Medicines Agency is Human Medicines Committee said its starting a rolling review of madonnas 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 are past 11000000, new code 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 cut 3 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 ppi 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 find this trade pack for in a way, for lower tariffs or minimizing red tape. And arties, a correspondent, has more china than have been the 1st 10 countries to open fast tracks going away and to facilitate economic opening. Its been almost 8 years in the making and on sunday, the Regional 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 the 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 path 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 all the us is not part of the agreement, that 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 affect within the next 2 years after countries ratified the deal reporting in los angeles and pasha suites. 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 excludes the u. S. So the entire goal of the r. C. P. Is to fall if some of the 92 percent of trade goods terrorists, which will then the least of which would then deepen as i can get. So as a result and automakers today, those names are soaring. We just need all those being the base, and so you have nissan mazda and it to be, 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 shocks of the 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 a ship and in 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. 00 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 rushed 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 the 2 men shows. I do think that the timing of it is very beneficial to especially the smaller parts of the irony. Those have been the most severely impacted by the virus sheets. And essentially theyre, our economy is basically based off the tours and servers and streams. And the industries 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 yes, you used to join this alliance in response to that in response to the fact that they believe that they want to keep more of the high tech news in that region and regain 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 at well, this is a really Alarming Development for washington as it just basically expands asias economic and trade and plans, especially in china. So this deal is being our way for china to drop the trade in the us now to Transpacific Partnership trade. So cartridges. So charming secretary that you made the 1st trump china at the 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 cracked out of the many of his predictions actually didnt hand out. Well, if they really did, and you mention 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. Ringback 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. For the r. C. , you have a 30 percent of the World Economy and the g. D. P. In its original form that us, that would have been now 40 percent. So when 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, gronow myers 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 grow 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 that. 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 time, even, even as we try to simmer down, the antagonistic reciprocity that weve seen are going to trump 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 christiane cohost. I think thats only thank you for breaking this down for us. A quick break. But when we come back, another historic watch to the International Space station opening up the possibility of a regular launch. As we go to the for her was during the vietnam war, u. S. Forces also bomb to neighboring laos. It was a secret war. And for years the American People did not know how much anticipation mounts heavily bombed country per capita. All human history, millions of unexploded bombs still in danger, lives in this Small Agricultural country. Jordyn wieber thing going to happen. I think even today kids in los full victim, to the bombs dropped decades ago is the u. S. Making amends for the tragedy. And what help do the people need in that little land of mines . The world is driven by shaped by the dares thinks we dare to ask the banks are involved in a ponzi scheme attached to the Federal Reserve bank. And the Federal Reserve bank is attached to a huge ponzi scheme called the Global Banking financial. And the i. M. F. And the world bank and the people at davos. And then that part of the ponzi scheme is backed by americas military. So americas military is kind of the force behind this global ponzi scheme. So if you defund the military, then the whole house of cards crumbles. A new gold rush is underway and thousands of ill equipped workers off flocking to the gold for strike. The good other person children are torn between gold, was very poor. I thought i was doing my best to get back to the strongest appeal. Another big day for wall street. The dow futures jumped 500 points on news that Pharmaceutical Company announced that it too 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 for 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 open as gentleman. Thank you for joining me today. Lets begin with you. Im a journalist, claim its a vaccine is 94 percent effective in clinical trials. And that meant not just a surgeon return a stock obviously, but also in the stocks for travel and tourism. Right. Well i guess still you could call a surgeon that one stock. I think 1st wife 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 on the Biotech Company means its one of the new after efficient and a lot of pfizer, the other big and their approach to developing vaccines was but most of them. So now that it looks like their approach is vindication. Big breakthrough seems to work the results are very impressive, and the store is only going up 10 cents. I would say thats a bit of disappoint, thats 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 took size a stock piles that was down some of done as a market cap with 3. 00 as market cap came down about 7. So theres been a net destruction of share over the write ups or travel, so it was a murder to the world, but more amazing as well. That something were going to see. Some are to what happened last week when we saw the pfizer stock surge because of the vaccine is optimism. We kind of started going down after a few days because cases are still going up. Well, i mean, cases still going up might be good news for them. The banks in the banks in when the banks actually comes to market. So i dont think cases going up is a bad thing that stop us and is bad for the world than the one whos infected. Not for the pharmaceutical companies have a backseat for the for the illness. So i dont think thats driving. I think people are looking at this with some skepticism on either or you have to write 5. 00 of them. So i was since the dinosaur didnt get the poll that you expect to get such a breakthrough. So i think the markets are looking that this is interesting. Theres a chance this works, but were going to reserve judgment. Going to be something cautious about through that. It seems that way. And then were not looking at effect an ounce amount of this covert vaccine in just one 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 macdermott 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, in the h. And the National Institutes of health. And its not really his 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 with 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. Of 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 stock be selling it 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 . That number, the f. D. A. Only required 50 percent. How important is that then . 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 doing it can say we can do better than that. We got 94 percent efficacy. Great, but it has to be proven and it is, 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 vaccine 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 them, except were already paying a 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 . Why i think youre actually right. The banks have been quite slow as consoler there because they have wanted. Its been more the regulator has been very cautious by 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 a few facts. So its a deal that makes little sense in seize those areas. So as not, weve expanded this acquisition of the v. A. s crotches and assets in the u. S. You know, to, 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 p. S. U. Slightly negative, bracing on this is saying, well, a lot of the other regional banks today suggests he bank states the regions have a really good day on the bank of this vaccine use because it looks like things are back to normal, not going to be losses in terms of 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 are 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 by the administration be Going Forward with or without a vaccine. Will we see lock downs again . And will we see continued lock downs 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, a regularly scheduled trip, taking for nasa astronaut 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 as hopkins shannon walker. Victor glover and japanese astronaut sochi. 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 a 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 bing sting tweeted this picture of both he and shot well the 4 astronauts will be brought in scenes 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 me was on the man on the portable t. V. Up available on your apple and android devices. Check it out at portal dot tv. Welcome to max kaiser financial survival guide, looking forward to your town. Yanks, this is what happens to pensions in britain. Watched kaiser report when almost seemed wrong. Just dont call me yet to shape out these days comes to educate and in games from an equals betrayal. When so many find themselves worlds apart, if we choose to look for Common Ground world is driven by the dares thinks we dare to ask during the vietnam war, us forces also bomb to neighboring laos. It was a secret war. And for years, the American People did not know how much it is officially the mouth can rebound country per capita, all human history, millions of unexploded bombs still in danger. Lives in this Small Agricultural country, jordyn wieber. Going to happen there. Even today, kids in laos full victims of bombs dropped decades ago. Is the us making amends for that tragedy in laos . What help do the people need in that little land of mines . It was always on the bull, but on this national big city, bright lights, huge opportunities and many dangers to blow it. And its also a city where up 2300000 crimes are committed every go for the last little bit more than your mosque. Its filled to the reserve least one Police Officer for every 200 residents in russias capital lost on the english. And that was my truth that i will not go up boysen. And one of those will be what im to most of the headlines are not even moscow sends more military equipment and personnel to its peacekeeping mission in the go. And i cant back that this is the only road from armenia to the disputed region is open. Also to Come International attention grows on russias 19 vaccine. Israels Prime Minister is now in talks to buy the sputnik the jap. Russias top romney just tell us how long it could be before the virus is bates. And im seeing february when 70 percent of the population will have gotten this infection, but this virus will never disappear from our population. It is another virus which we need to live with. And the e. U. Is divided on ties with a post from america with france leading a poor