Percolating issues, whether it is trade tensions or brexit, which goes to the heart of the uncertainty in 2021. Francine there is a lot going on, and i guess this is the concern, you have a million angles of things that turn out sour. Bloomberg first word news in new york city with ritika gupta. Senatorone republican dix President Trump will get on board with a bipartisan 908 billion senator bill cassidy told foxnews Senate Majority leader mcconnell will back it, too. Cassidy is a member of the Group Pushing the measure. President trumps lawyer, Rudy Giuliani, has tested positive for the coronavirus. According to reports, he has been hospitalized in washington. Giulianis son says he is getting great care and feeling well. Giuliani has been leading the effort to overturn the results of the election. In china, exports jumped in november by the most since 2018, pushing its trade status to a monthly record high, and thermined underlined how pandemic and global related goods is helping the
Vaccines. Virus deaths hit a record in the u. S. And in italy. And finding a compromise, opec agrees to slowly add more oil year after days of tense talks. Saudi arabias Energy Minister called the process of excruciating. Welcome to the program, everybody. Welcome to the European Market open. It has just gone 7 00 here in london. German factory orders rising 2. 9 month on month. The estimate was for an increase of 1. 5 . That was better than anticipated. Factory orders arising year on year, 1. 8 . The estimate was 0. 2. We have seen a continuation of growth coming through. We will see what momentum is like in the further winter months. Another story out of germany, potentially more interesting, perhaps. Germany has agreed to extend a to preventr bankruptcies as the economy is hit by the second wave of the pandemic. Germany is extending its 37 billiondollar backstop for Credit Insurance by another six months in the month of june. The industry will surrender 60 of remittance to the gover
Which sought to exclude millions of mail in ballots. In the states, a scathing ruling handed down by the judge says the lawsuit failed to provide evidence of voter fraud. By can i reports from washington . But this very significance because its a ruling by a federal charge and also significant because of the extremely scathing language he used. He likened the trump appeal to a frankenstein monster which had been put together haphazardly. He made very clear that he believed there was no grounds for the trump claim whatsoever. And this makes it very unlikely that it can go on an appeal given that there are no grounds. Nevertheless, trumps lawyers, his personal lawyer, rudy giuliani, who argued the case before the judge says he wants to take it to the next level, the 3rd district and from there to the supreme court. U. S. Health officials are urging people not to travel for the thanksgiving holiday as this week that says the country supports this 12000000 active cases. Meanwhile, the u. S
The countries to pass the 12000000 coronavirus cases. Meanwhile, the u. S. Food and Drug Administration has issued an emergency approval for generations. Antibody therapy for the headlines opposition parties in pakistan are to hold a major rally against Prime Minister imran khan. Theyve been holding these rallies for several weeks trying to keep the pressure on the pakistani government. They are accusing the military of backing in a rigged election. 2 years ago, these rallies are still happening despite government ban on public gatherings to curb rising coronavirus cases in the shower. We have been saying the workers from the greatest Political Party congregating when you were very far from where we are. All the Political Party represented had an alliance of 11 Political Parties. So even if every party brings a couple of 1000 people, we expect a large crowd, although the government had warned their days in their dangerous thing, that such events really prove to be great. There is, howe
France threatens to get out of the rescue plan altogether. 11,000 jobs slashed, the german giant fights for survival. Welcome to the program. Looking at the futures, reflecting the way the european and u. S. Equity markets closed yesterday. Futures down in europe, mixed in the u. S. , reflecting what we saw yesterday were the u. S. Wobbled into the close at the end of the session. New york schools closing seems to be the factor. Breaking news, some commentary from astrazeneca in connection phasehase two, not the three news we have been waiting for. That is expected to come within weeks. This is more detail on the phase two data. They are confirming the vaccines immune response in older adults, that is crucial considering who is most vulnerable to the virus. The lancet is publishing the findings. A lot of stuff we have heard already from phase three trials more advanced than this from other drug companies. It has not been peerreviewed or in journals. We are getting the phase two study,