Not to fulfill his duties that there is not a change in command triggered off now into who would replace him that would be if the president can fulfill his duties the the Vice President mike pence he has also tested and he tested negative so has his wife so again the white house saying the president is doing ok he is positive but that is basically it and now they are taking all the precautions in terms of testing others. And doing the very very essential Contact Tracing and with this everything is as of now in good ways or in calm waters so to speak now americans have had to several hours to digest this news of president and his wife testing positive for corona virus how are they reacting what have you been hearing. Well the 1st reaction was very very sure a surprise people on the streets are surprised and then on the other hand im not really surprised i would not say that there is any fear in terms of how will this impact the government this is a doomsday scenario just because the pre
Tracking brexit law after the House Speaker blocked his bid for a monday vote. Kathleen the first polls are closing this hour in the Canadian Election. Prime minister Justin Trudeau looks set to retain power but lewiss parliamentary majority. Onto the markets and australia, where they have just opened. Sophie, what is on your radar screen . Sophie building on mondays gains, up about. 1 . Aussie bond yields are set for a fifth day of gains. Holding onto a fourday advance. We have plenty of updates from australia, including from Whitehaven Coal and oil. We are watching bhp this morning. The stock gaining ground, asding 35 this morning hile arein c preparing to halt operations. He restocks set to snap a threeday job. Drop. Over in korea, we will be watching for president moon jaein to delivering his budget speech later to the National Assembly this morning. The economy comes under more pressure this morning. We have Producer Price data from south korea showing further contraction, falling
Time wont be granted to raise cash. Minister is tasked with forming a new government. U. S. President elect donald is sticking by the one china policy should come with the united ts for states. He points the finger at beijings currency and taxation policy. In n trial, i. M. S. Head is court on charges of negligence rom when she was frances finance minister. Were outside the court ahead of the event. Welcome to bloomberg day break europe our flagship morning show. Im anna edwards. Netflix ng bad, the series, this is what happens with oil. The question for the market is is the oil price, the yield as well and the u. S. Is this whatever it takes moment. Line in this story this morning. To cut below the big of 10 ogical level Million Barrels of oil per day. Since the opec meeting back in the middle of november. Here in the tracking and the effects that these big is having l prices along with the fed conversation u. S. Nald trump on the 10year yield heading for its biggest quarterly increas
Halfway through the first volume of the landmark history of the Federal Reserve. Not only having worked at the Federal Reserve, but having had lunch many, many times talking about his history, i have followed closely over time the massive transformations that has occurred at the fed, just since the financial crisis but over my lifetime. And before, and to think that the first 10 years of my life we were on the Gold Standard, you know, it suggests that things have changed a lot. And so when a friend at the wall street journal called up to ask if i would review a new book by a university of pennsylvania professor named peter contibrown called that are independent of the Federal Reserve, i jumped at the chance because of two things. One, i really do love that they. I think it had a big positive impact on my professional life at its a very important place in washington filled with people who want to do the right thing. They sometimes fail but i love the spirit of the food. The second thing
In washington is with the political fallout of the Supreme Courts decision on campaign contributions. Jeff, who is this expert . He is a former Clinton Administration member. , he is the kind of guy you bring in when you have a crisis. His twitter feed says that he feels best in a war room. They are kind of in a war room situation and they are putting together an interesting team. Him, steinberg, lucas. People who are respected by others. Trying to get at this crisis, what is this telling the folks on capitol hill that this 18 is assembled. Ateamhat they have this assembled . The kingeinberg said solomon of these things. You dont want to push people away. Lets talk about mary ibarras appearance on capitol hill. Kind of a mixed bag. We received word today that they are there will probably be another round of hearings because the people on capitol hill say im a minute, why not let gm finish their internal probe and then we can bring her back and ask for more questions. That was sort of t