Jump that that 49 increase is the biggest jump. On top of that, one point 4 billion worth of gains. That is more than double what you saw one year ago. On top of that, equity underwritings, huge gains. We will see how this keeps going on. They are seeing saying there priceline is strong. A different story than what we are seeing at the Consumer Banks that have seen many declines. Big in terms of ipo trading at goldman. How sustainable is that . Sonali as long as the markets are healthy, this can keep going on. Our sources are telling us the election can create a bit of a pause. The pipeline is huge for next year as well. You dont know when airbnb is going to go and there are a lot of unicorns looking to break into the public markets. When the ipos fail, you know that there is sachs waiting on the sidelines. Guy we are going to leave it there but we will continue the conversation. She will continue to brief us. Thank you very much indeed. Joining us now for more on those , baird is davi
Thankorgie about you for joining us. Worryingld we start about the amount of debt we are generating and the impact it will have on the economy longerterm . First, thank you for having me. The worries about debt levels going up are not for now. For now, the biggest worry is we do not do enough to support the economy until we have a durable exit from the health crisis. With Interest Rates being record and government can borrow inject hopefully not only a recovery, but a more potent, higher productivity based growth so they can repay the debt they are acquiring now. Case for lowhe Income Countries already in distress. Importanty it is so we make sure they are provided with relief and they are supported with grants and concessional financing, a big theme for our annual meeting spirit for our annual meetings. Francine what is the biggest risk to your outlook . You say the recovery will be uneven, but you have increased your projection . Kristalina the situation today is less dire than it wa
Has investors start to reassess risk. The other risk that needs to be reassessed, are we underpricing the fact we could see an upset in the conservative majority, cable down. 2 . Coming up, a host of interviews from the bloombergs Economy Forum. Tomorrow, standard chartereds ceo anddman sachs former white house adviser gary cohn, an absolutely stunning lineup. Lets get the first word news with Viviana Hurtado. He didnt initially realize the white house was putting unacceptable pressure on ukraine, this from a former envoy. Joe biden. Ng former special envoy kurt volker was one of four witnesses yesterday. Next will be Gordon Sondland. The fed minutes will likely reinforce rates are on hold. Chairman powell addressed the congress twice last week. The signal policy is in a good place provided there isnt a material reassessment of the outlook. The key thing from the minutes will be what that phrase means. Protests in iran have left at least 106 people dead according to amnesty internation
Eu for a vote. It may not happen. Mps have put down an amendment that would delay the vote until next week and forced johnson to seek an extension. On one level, we could get a vote in favor of a deal, though johnson is short on the numbers. Quite possibly it could be delayed until next week. Could he get an extension . There was news out of brussels they were tired of the extension. Edward johnson said he did not want an extension. Emmanuel mack ron said britain should not get an extension. Bear in mind Emmanuel Macron has time has been a long opponent of britain get an extension. Europe did grant an extension in the end. That might actually be helpful for johnson to frame this debate for mps. It is my deal or no deal. What is the most critical set of votes the Prime Minister needs to get . Edward his own brexiteers need to fall inside. He has not gotten the support from the dup. Johnson needs the dup vote to get legislation through parliament, or he needs to get all of his mps on his
The president is right. I can whine about this situation but we should really is hell look differently to what this happening in our country is because both our countries witnessing certain protests and demonstrations and rally is but an important thing when you read it fine its heard an agreement you need to fulfill its demands its clauses. And russia has ratified a number of be International Agreements and conventions. And one of them on there which the concrete to give its citizens certainly berties freedom of speech freedom of rallies and so on and so forth and. Thats why a lot of people were concerned we had the wide. Was going on in moscow with rates that were made with old. Logs that were made by the. Lawyers if you mr president said that there were products in france as well thats true and citizens were injured and Police Officers were injured and im really concerned about these 2 but france has always. Feel would not just. Don what was written constitution but also all the rid