Jobs, 130 at the facility in forest and i have no doubt a launch of the uk on a path to ever greater presence in the global satellite market. Thank you, mr. Speaker. Yesterday the Prime Minister announced a series of changes that none of us wand to see to keep the violence as low as possible and residents are concerned and anxious. Would the Prime Minister reassure my constituents the primary focus of the government remains on protecting lives and livelihoods. My honorable friend can reassure his constituents that our purposes and the purpose of the package that i think would carry overwhelming support yesterday in this house is to continue to drive down that number while keeping businesses open and keeping children keeping people in school. Leader of the opposition. Thank you, mr. Speaker. Three months ago today, the Prime Minister said test and trace can be a game changer for us. He was backed up by the Health Secretary who said finding where people who test positive are is the singl
Street com they say hit from all sides European Bank stocks swoon to 1988 low leaks about Money Laundering a resurgent pandemic china risks exposure to turkeys financial crisis all in a negative Interest Rate environment that is toxic for banks so the stocks 600. 00 banks and x. Which covers major European Banks slumped 5. 7 percent on monday to close at 81. 00 just a smidgen above the mall 5 decade low of 79. 00 set in march the last time before march that the index was below todays level was february of 1988 during the sell off that followed black monday in october 1907 when it also slumped as low as 79. 00 the index has collapsed by 85 percent since its peak and may 2007 after having quadrupled over the preceding 12 years its looking bad right. I mean 1988 and the connections in 1907 black monday the crash of that year its very important and because the solution then was to extend Bank Credit Facilities thats how Alan Greenspan Ronald Reagan and robert rubin the plunge Protection Te
Life well planned. The freeman foundation. By judy and Peter Blum Kovler foundation; pursuing solutio for americas neglected needs. And by contributions to this pbs station from viewers like you. Thank you. Is bbc world news america. A nation in mourning, an election upended, a country divided. The death of Ruth Bader Ginsburg will have ramifications for years to come. The spanish military was called in to help with a surge of new Coronavirus Infections as madrid faces tough new restrictions. Leaked documents reveal how some of the worlds biggest banks have allowed criminals and moneylaundering to move billions around the globe. We take a look at how music is helping ease some of the symptoms of dementia. Welcome to world news america on pbs at around the globe. It is hard to explain to people around the world why the death of one judge is so seismic. Ruth Bader Ginsburg herself was an icon and a massive legal force, but most countries do not have a court like the supreme cour with pol
The solution then was to extend Bank Credit Facilities thats how Alan Greenspan Ronald Reagan and robert rubin the plunge Protection Team or that working group on finance the president S Working Group on finance decided that they would solve this problem by not punishing or reforming but expanding the credit line of these banks so they did exactly what they were doing but on a bigger scale and then we have of course another major move down in 1989 we had a bomb crash more or less 9093 we had the dot com crash in 2000 we had the 2008 subprime crash and each one of these crashes were caused by the exact same thing over indebtedness too much leverage and no accountability no than foresman of regulations by the f. C. C. And then send in others and each and every time the policy from the Central Banks is to expand credit line and say do it again but do it bigger and now in 2020 we. Of now some more thing happening all over again its entirely predictable entirely preventable but as restraine
That runs the debate said the event would be virtual. Mr. Biden says he would take questions directly from voters on october 15 and is asking the Debate Commission to move the debate to october 22. The president says a virtual faceoff is not what debating is about. Mr. Biden says the president is trying to evade accountability and does not want to face questions about his failures on covid and the economy. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 in new york 6 00 p. M. In london, and 1 00 , a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories from around the world we are following. The move toward a steady business. Morgan stanley announcing that it will by money manager eaton vance. We will talk to mike mayo about the acquisition and what is ahead for big Bank Earnings. President trump says he w