More than 90 effectiveness in preventing the disease. This is very helpful news. And it is a trip to the innovative power of the private sector and efforts of congress and the Trump Administration to expedite the development of Covid Vaccines. A light at the end of the tunnel looks likeat its on the way. At the same time, madam president , it is essential esst minimize whats happening with covid right now. Cases are surging and are likely to surge further. Doctors and hospitals are struggling. Its essential we maintain key Safety Measures until those vaccines arrive. Number than everng we need to kp wearing masks, washing our hands and maintaining social distance. The more responsibly that we add, the more we can protect vulnerable members of the population and keep our doctors and hospitals from being overrun. Acting responsibly can alsols hp avert for the economic set of which would be a devastating blow to a lot of struggling businesses. I know its been a long, hard year and everyon
Away. Knife edge. Brexit talks near a compromise on fishing, leaving the level Playing Field the biggest obstacle. Can the side to get a deal through today . Sanctions hit sentiment. Stocks and futures flip as the u. S. Is said to add more chinese officials to a blacklist and the rollout begins. Coronavirus vaccines start in the u. K. Tomorrow. The u. S. May follow suit by the end of the week if the fda gives emergency and approval emergency approval. I have been away for six weeks on paternity leave. It has been fantastic. Not much seems to have changed in terms of markets. We are still in crunch time. We are still looking at covid infections rising to alltime highs. We are still looking at u. S. Stocks rising as well. I guess the vaccines is the hopeful sign. Maybe this week, the good change we have all been waiting for in 2020. On return, everything has changed and yet nothing has changed. Certainly new information. That has been a real game changer. But we are still as you say at c
Outside the home with two americans dying from tobit every minute, the nation is bracing for a starkest period of the pandemic. Time is running out before the United Kingdom cuts ties with the European Union and today, the two sides failed to secure a trade agreement. Instead saying talks will be paused. Negotiators want to talk to politicians so they can get better guidance on where to go next. With less than four weeks before the transition period ends, it is down to the same three Sticking Point that have threatened to derail the process for months. Lets bring in our correspondent in london. It has been a dramatic week of ups and downs. Now it is ending in this pause. Is that a surprise . It is a surprise that suddenly they are paused tonight, but we have an explanation. What they are trying to do is reach this post brexit trade deal and that time is really short. We have said that many times. We have seen sincehe eu was no longer bluffing for the United Kingdom because of the refer
Probably not today ahead of another call between Commission President ursula and british Prime Minister Boris Johnson. U. K. Banks and Home Builders suffered the brunt of the selling as the ftse 100 outperforms the spot 600 and the pound stays under pressure well, a very good morning and welcome to street signs, everybody. Our top story of the day, no surprise, brexit as talks enter the 11th hour. And we have plenty of coverage this morning were going to get into all the detail, all the latest in just a moment but i want to kickoff by showing you the Market Reaction because its been pretty interesting the moves weve seen so far. Starting with sterling, which is trading up 1. 5 versus the dollar, so currently around the 1. 3240 level this as volatility in sterling has reached an eightmonth high. So a substantial sell off in the currency this morning on the back of this weekends developments as we head into the final talks. The ftse, meanwhile, the main benchmark in the equity market for
Saying china is the greatest threat to democracy worldwide. The u. S. The bloomberg u. S. Dollar index. Crude getting a lift after an opec agreement that came through. Theyre going to be keeping curbs in place in terms of production but we could see on a month by month basis some of those curbs being removed. Agrees to ease cuts more gradually. Gold about 1 10 of 1 lower. Bitcoin using some of its sheen and declinings extensive 1 . With all that in mind, lets find out what is happening in new york. Karina we start with the news on pfizer. It slumped on reported may ship only half of the vaccines it planned to this year. Issues supply chain will cut it to 50 million. Anthony found she is taking the u. K. For rushing to clear the pfizer vaccine. Moderna claims it shows what it claims is durability. Republican Senate Majority leader Mitch Mcconnell is calling for a smaller more focused stimulus package for the u. S. Economy as democrats scale back demands to find a route forward. The base