Stimulus. Is there fiscal stimulus in the United Kingdom . Francine there is fiscal stimulus. One of the first things we covered a couple of weeks ago was this treasury and bank of england acting together. The u. K. Probably has to do more, but they were at the forefront of it and they acted in a coordinated action of fiscal and lending to businesses. The loans and credit lines will make a big difference but it depends on when the economy gets back on its feet and when people start going back to work. You put cash into businesses and suspend payments, but at some point people have to go back to work. Tom the president talking of back to work near easter, or part of work part of america back to easter. Gdp for the stimulus and the United States commitment is a huge 5 of gdp and even up to package. Trillion a 2 trillion package. The Trump Administration and u. S. Senate agreeing on the rescue package calling for almost 2 trillion in spending to boost the economy. Deal. Last, we have a af
Jonathan ferro and lisa abramovitz. Tom i saw him on a cruise, what a great turnout on the cruise. Catherine greifeld joins us this morning. She is here and she will explain white piquant is popping by bitcoin is popping she will explain why bitcoin is popping. Yields are up. Things are little better but i walk in and i look at the bloomberg terminal, 8. 04 on the bankrate 30 year mortgage and we are subtly solidly in a percent 8 . Lisa we have seen this incredible fluctuation, 20 basis points in a couple days in the long end of the yield curve and people say volatility cannot continue or can it. They are forgetting the levels. It causes a different reality for people financing the nuts and bolts of their businesses and their lives. Tom Economic Analysis with bramo. The media wants to go, they going to die. Microsoft was like a charm. If this is exactly what we were to see, microsoft is on target. Lisa the fact that you had two but he lives comprising 10 of the entire s p index coming
Bottles and free Drinking Water fountains, to protect the seas from plastic debris. Millions are expected to be on the move today as the christmas getaway begins. Music and in the race to christmas number one can ed sheeran hold off competition from eminem and wham to make it a perfect christmas . Well speak to a music journalist later this hour. Good afternoon and welcome to bbc news. The foreign secretary borisjohnson has acknowledged there are serious difficulties in the relationship between russia and the uk hes on the first visit to moscow by a British Foreign secretary for more than five years. In a tense press conference, the Russian Foreign minister Sergei Lavrov rejected suggestions that russia had behaved aggressively towards the uk, but agreed that relations are at a very low level. Our moscow correspondent Sarah Rainsford reports. The first handshake looked warm enough, but borisjohnson came here promising to talk tough, to warn russia to stop what he called its destabilisi
Theyve been performing. Interesting crop. Includes avis, carmax, and many others tivo. That was one, wow. Other big winners. Anyway, largest Ransomware Attack in interpret history, and looking to protect yourself, a new industry of Cyber Insurance is booming, and theres a lot of Cyber Security names which are rallying today. Well get you details. People discover that etf today. Oh, boy. Hack is having a day. Best day of the year smart right now. Meanwhile, Charles Bronfman has a new memoir about the empire, talking the family business, and his tremendous efforts in philanthropy. We got a lot of Great Stories to get to with Charles Bronfman here. Playing bernie and ruth madoff, joining us, and why de niro did not meet with bernie in person. Michelle did, and i dont want to tell it dont give it away. But de niro did not meet with him, and unclear if madoff will see this, of course, being on hbo. I cant wait. Saturday night. That movie on hbo saturday night. A move up in oil, 2 move highe
They were not good jobs. First, we want to talk to you about what is working with is not working. Unemployment is looking good but when you are hiring services some of them are not working because they are parttime. We will start out with a loser. The Service Industries are expanding. Friday, we had bed and employment numbers. Today we have been a little bit different with the expansion of the Service Started to expand. This is say the economy where we are manufacturing but the service and data that we saw chomps on the numbers that we saw on friday. We need to have more people to add to the economy. And a couple of examples. Television anchors. We all provide services. Easier to the bank of is people who work in manufacturers. This would be more problematic. I am looking ahead at u. S. Air ways. If they are going to do a big merger. You stated that they are a loser, wire of a loser . Ultimately, uni are losing our ability to fly with competition. U. S. Air ways only have to give up so