We got a boost from the bank of england a little early around. We will hear from the governor in just a moment. The cable rate, 1. 31. Keep an eye on the critical lines in the sand as we come through tomorrows session. We are starting to see yields a little bit higher here in europe today. A little bit of stabilization may be in the bond market after yesterdays big move, but a much flatter curve. Lets dive into the bank of england decision to boost its bond buying program. 150 billion, a little bit of a surprise. The market was expected 100 billion to be added to the program. Why the bigger number . That was the question i put to the governor. Gov. Bailey i think that was what we learn from our earlier experiences with covid. It is important that we act both quickly and that we act clearly in scale. That was an important consideration for us. The second thing is that we have to meet the inflation target sustainably over time. So a lot of work we did on our forecasts, employing the pers
God is 58 seem. To subsist. On. Love and respect. The brace continues for a Coronavirus Vaccine still the highest hopes of treating infections with the medicines that already exist approved for other diseases or in development. Its called repurpose saying. You want to go with the things they do know that work such as severe appears to be. So you want to drugs like that. Its important to know at what stage a treatment is most effective medicines helpful early on when the infection is mild when there are no breathing problems could be affective or harmful to a patient. Continue to scour their portfolios for possible solutions the world has never faced a pandemic of these proportions in a moment ill talk to an expert from the European Medicines Agency 1st a look at some of the drugs that are being repurposed. Antiviral medicines were originally developed for hiv ebola hepatitis c. Influenza and 2 other coronaviruses sars and mares theyre designed to stop the disease from reproducing or en
A few parties in the weeks ahead. He france has reimposed a Public Health state of emergency nationwide president calls that the Health System is reaching of limits and announced a curfew and parents and 8 other cities from saturday people wont be allowed to leave their homes between 9 pm and 6 am except for essential reasons as that of frances intensive care beds currently occupied by covert patients. Protesters calling for reforms to thailands constitution and want to keep half set up camp outside the Prime Ministers Office in bangkok when says much was the biggest in 3 months of demonstrations against the government which these power in a military coup and 2014. This is news from berlin follow us on twitter and on instagram at news or visit our website w dot com. The coronavirus pandemic has revealed that 2 important differences between the United States and germany the approach to keeping people healthy and the approach to keeping people employed if you live in the you with us you
Staking out its claims on every continent with its sprawling belton Road Initiative impacting how most every country does business officials in beijing as setting the Global Standards intake by drawing up their own treaties and deals and theyve got the up ahead with an immense amount of financial 5 power but chinas also highly secretive fad restrictive the question is is china more of patna old rival. President xi jinping has promised time and again to open his mammoth economy to the world to lead an International Investment and allow for a level Playing Field german executives ive spoken to say its going in the other direction they say chinese officials at clamping down on foreign firms more than ever china and the European Union have been hammering out a comprehensive agreement on investment for 7 years now but after multiple rounds of negotiations theyve basically got no way. The skyscrapers of shanghai have all been built in the past 30 years. Almost all the big German Companies ha
Blocked a story on hunter biden. The whole thing is insane. Joe biden is a corrupt politician. Ive been saying a long time. Everybody in washington knows it and the Mainstream Media doesnt want to cover it. Charles well get reaction from a New York Post editor coming up. Trump sounding off on the stimulus standoff. I would go higher. Go big or go home. I said it yesterday, go big or go home but nancy pelosi doesnt want to give anything. Charles Mitch Mcconnell also throwing coldwater on the idea. Arizona congressman andy biggs joins me at the bottom of the hour. All that and so much more on making money. Charles the market woke up on the wrong side of certainty today. I guess it is appropriate because today is national grouch day. The guessing game runs amok. There are a lot of influences on the action or inaction today. I think the better way to look at the market is not the news because none of it is really new or newsy per se but the question is, whats going to be the next catalyst