Christine lagarde, president of the ecb, moderated by Francine Lacqua. Francine what a great pleasure to be here with Christine Lagarde, president of the European Central bank, and welcome to the forum here at bloomberg. Everyone is talking about the vaccine. How will that actually change your forecast and the economy if we do get a vaccine early next year . Ms. Lagarde it is lovely to see you and to participate. To your question, i am not sure it is going to be a major game changer for our forecast, simply because what we had anticipated in our baseline was that some stage in the first half of 2021, there would be a vaccine, and that it would be rolled out in the course of 2021. So it might be a little back celebrated a little bit accelerated given the news we are receiving from the various horizons, germany, the u. S. , but i dont think it is going to be a game changer, so to speak. I think that our forecast is being revisited all those times we speak, and we will be releasing on dec
Gate doesnt show much the way of fog certain the marine layer has taken the day off again today is going to be quite hot across the bay area for today. Bay bridge toll plaza shot again when the sun come up over the east bay hills Temperature Check for you a pretty mild to start things off on the east bay shoreline the lower 60s got 50s off to the east bay, 48 for santa rosa 61, meanwhile for san jose for comparisons sake actually were much cooler going from fairfield all the way down to Half Moon Bay. Elsewhere across the bay still trailing all those stills still feels a little bit on the warm side. Back to that red flag warning you can see its still covering some of those Higher Elevations here going on and up to the north bay as well so its not total coverage. Its basically focusing on the Higher Elevations Going Forward until 08 00am this morning. The breakdown for you is 8111 by 2 were talking 92 to the will be a bigger change with temperatures tomorrow. And a little bit into next
A high ranking officers of the nazi regime mourned jointed by the allied forces. They were the 1st war criminals to be held accountable for their crimes. Our 2 part series the 3rd reich in the dark starts nov 12th on d w. 4 a rough touched out in an industry body warns that almost 200. 00 european airports are in danger of going bankrupt in the coming months as de coronavirus pandemic keeps battering the aviation sector also coming up with negotiations over a trade deal between britain and the European Union stalled Fruit Farmers in belgium are asking themselves what sort of ugly dense a no deal breaks it might leave. Program we start with fresh figures from germanys largest Financial Institution large bank has a 309000000 euro profit in the 3rd quarter of the year its sorely needed good news for the bank which had a disastrous year of 1000000000 euro losses in 29000 analysts warn the current news may be short lived though as the ongoing pandemic could reduce business but will need to
Election delay. Another wave, the u. K. In france report record daily virus cases. Good morning. Session volatile yesterday on wall street. Action, s p 500 futures are in the green. Flat on the year on the index. Alongside 50 up 0. 5 asian equities. Dollar index had a firm week, little change this morning, but we are up or the 1 , biggest weekly gain since april for the dollar. Nymex crude getting a lift, 40 a barrel. U. S. Equities, a volatile session fluctuated yesterday erasing this years gains briefly. The jobs data disappointed on top of stimulus talks. Dani burger is digging into it for us. Dani anyone trading yesterday is suffering from whiplash. We did get the s p 500 erasing yeartodate gains, and today it 0. 5 , unclear whether we will get that are not. We had converging forces between hopes for forces, poor jobs numbers, and new housing data that was optimistic. Thing that might comfort about what we saw yesterday, we are getting close to a correction. We need to drop 0. 8 on
Dealnews, kicking it off with one of the slew of deals, oracle and tiktok. The u. S. Government will undertake a security review of the potential partnership. Treasury secretary Steven Mnuchin said that earlier today and added the deal tiktok would create Tiktok Global and finalists. Joining us now, shelly banjo. Outre waiting for more news of oracle. It still needs approval from the u. S. And beijing. What are the odds this thing actually gets through . Shelley we are far from done. I would say we are just beginning to figure out what will happen. Now the ball is in the Trump Administrations court. Has a set ofktok microsoft, your proposal is not going to fly with us. Were going to go with oracle which provides much more control to keep a lot more control of the companies can previously discussed under a microsoft deal, which would have been outright sale. Trott has been pushing for an outright sale, and many members of the administration had been pushing for an outright sale for many