That is the shoes, right . The shoe extension . Francine i dont know if you can hear it, but it is a neighbors. It wont last very long. Hammeringtle bit of there. We welcome all of you here, to the realities of the pandemic. The pandemic is front and center, but there is a lot of other news. I would note pacific rim currencies continue strong. Francine they certainly do, and there is quite a lot going on also in pound talks, so lets not forget brexit and the u. K. E. U. Relationship. Les get to first word news with ritika gupta. Ritika the Trump Campaign is abandoning demands that almost 700,000 is withdrawing a key part of its lawsuit against the Election Results in pennsylvania. It is abandoning demands that almost 700,000 mailin ballots be thrown out because observers were kept too far away from the count. The challenge is now against a far smaller number of ballots, almost certainly just a fraction of bidens lead in the state. Joe biden is Meeting National security experts, but his
With its trial. There were two trial participants. One had efficacy of 90 . The other was lower than that, in the 60s. You average that, and it its about 70 . We will see how the market is moving on that. We want to welcome now to our bloomberg tv and radio on a sense Radio Audience astrazenecas executive vice president. It is really good to see you. When itways welcome, comes to good news over solid vaccines. The question it seems people want insert is talk about that 90 efficacy. That seems to have been a smaller group. Give me some insight into it. How many confirmed cases were there in that group . Try tot of all, let me summarize the headline data. Overall, we have seen efficacy about two efficacy of up to 90 and about half of those in the Clinical Trial. We have seen roughly 3000 volunteers in that cohort of the Clinical Trial, and it was highly significant that we saw less infections, and in fact, across all of the cohorts, you other the cohorts, whether you had the full dose, t
Commodities having a positive session the far. Astrazeneca stock is actually down today. The s p is up i 014 . It is a monday. We get vaccine news. Generally it is taken quite well. Cyclicals have a bigger day. That seems to be the narrative that is establishing itself. We do have a euro that has weakened. The manufacturing pmi data out of the united states, and i know the ism is more important in terms of what people look at, but nevertheless, the manufacturing data was strong, and as a result, the dollar went up. It does seem to be something of a consensus now that the u. S. Is simply a few weeks behind europe. You only have to look at what is happening with the eurozone data today to get a sense of how far pmis can fall. Highs,off our earlier off by 0. 2 percent. Boris johnson is currently talking about covid. We are also possibly making some progress when it comes to the brexit story. Certainly today, the big driver is definitely that news on astrazeneca. Alix Boris Johnson saying
Christine lagarde, president of the ecb, moderated by Francine Lacqua. Francine what a great pleasure to be here with Christine Lagarde, president of the European Central bank, and welcome to the forum here at bloomberg. Everyone is talking about the vaccine. How will that actually change your forecast and the economy if we do get a vaccine early next year . Ms. Lagarde it is lovely to see you and to participate. To your question, i am not sure it is going to be a major game changer for our forecast, simply because what we had anticipated in our baseline was that some stage in the first half of 2021, there would be a vaccine, and that it would be rolled out in the course of 2021. So it might be a little back celebrated a little bit accelerated given the news we are receiving from the various horizons, germany, the u. S. , but i dont think it is going to be a game changer, so to speak. I think that our forecast is being revisited all those times we speak, and we will be releasing on dec
Last 10 years. Plus well take you to the arena, of course, in lagos, the local government wants to populated the poor blokes in a bid to divert traffic from the citys pond just of roads. Hello, im christine wonder. Its good to have you company. If you o. P. s Prime Minister, has said Government Troops ought about to launch a final offensive into cry, it comes off the t. P. N. , their forces in the role, then reach and missed a 3 day deadline to surrender on his facebook page, the roche following the exploration off the state line, the final critical actual Law Enforcement will be done in the coming days. Now deb, you spoke earlier to ethiopias defense minister can and your data. We asked him why ethiopia was rejecting Mediation Office and not allowing journalists or humanitarian aid into to cry. This is an issue related to the salinity or internal affairs. So. d and also if he doesnt that many, many times it is really be going to be completed within a week. Therefore, we dont consider