The British Government told businesses today to be ready for big changes when the u. K. Makes its final break from the eu in one month. Opec and its allies need more time to reach a deal on Oil Production policy. A meeting today broke down today without any agreement. Again ministers will try thursday to allow more time to figure out whether to delay a planned increase in output starting in january. Supporters say the market is too fragile to absorb more oil. Global news 24 hours a day, onair, and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. Treasury secretary Steve Mnuchin and jay powell testifying earlier before congress on the cares act. Itsla says the fed will use tools until
A motion to boost uranium enrichment just days after the killing of a Top Nuclear Scientist driven from their homes now living hand to mouth ethiopian refugees fight hunger and uncertainty in sudanese refugee camps and covering it japans relationship with the Face Covering the new exhibit billed as a theme park for masks. And sport around madrid could be set for an early exit from the European Champions League defeat against shakhtar dont yes has put reality on the brink of elimination. Donald trumps bid to overturn the u. S. President ial election result has suffered another major blow with the attorney general saying there is no evidence. Of widespread voter fraud bill barr told the Associated Press that the Justice Department investigation has in his words not seen fraud on a scale that could have affected at different outcome president elect joe biden be trumped 53062232 votes in the Electoral College and more than 6000000 votes in the popular vote well alan fisher is following eve
Rising inequality, we ask, what can be done about it . And discover that we can learn a lot from europe. Why . In many societies today, theres a sharp divide between rich and poor, between those who have and those who dont. And despite living in the same country, these different groups often feel little connection to each other. U. S. President elect joe biden voted like this. This gap is its having the effect of pulling us apart. The numbers say it for themselves. The worlds richest 10 percent own 83 percent of global wealth. And the wealthiest one percent owns an amazing 44 percent of global assets. Nor is there much hope on the horizon. In many countries, the Global Pandemic has widened. The gap between rich and poor, around half of the worlds 3300000000 workers have either already lost their jobs or are at risk of doing so. For unlike thinkers, it goes without saying that all people are morally equal, but that appears naive or even cynical in light of the vast and enduring inequali
Flags were on the Capitol Building and at the white house are being flown at half staff in members of pearl harbor. Now live coverage of the u. S. Senate here on cspan2. The senate will come to order. The chaplain, dr. Black, will lead the senate in prayer. The chaplain let us pray. Great redeemer, guide our lawmakers along the best path to fulfill your purposes on earth. May they submit to your wisdom and providential leading, believing that you will supply all of their needs. Remind them that your unfailing love accompanies those who put their trust in you. Give our senators an attitude of reverential awe that will keep them from evil. Inspire them to rejoice and be glad, as they strive to live lives of purity and obedience. And lord, as we remember pearl harbor on this december 7th, thank you for your loving and prevailing providence. May we show our gratitude by facing the future without fear. We pray in your majestic name. Amen. The president pro tempore please join me in reciting
Rising inequality, we ask, what can be done about it and discover that we can learn a lot from europe. Why . In many societies today, theres a sharp divide between rich and poor, between those who have and those who dont. And despite living in the same country, these different groups often feel little connection to each other. U. S. President elect joe biden, put it like this. This gap is keeping its having the effect of pulling us apart. When the numbers say it for themselves, the worlds richest 10 percent own 83 percent of Global Wealth and the wealthiest one percent owns an amazing 44 percent of global assets. Nor is there much hope on the horizon. In many countries, the Global Pandemic has widened. The gap between rich and poor, around half of the worlds 3300000000 workers have either already lost their jobs or are at risk of doing so. For unlike thinkers, it goes without saying that all people are morally equal, but that appears naive or even cynical in light of the vast and endur