Speaker pelosi under huge pressure to jumpstart the stimulus talks. A lot of people saying that. Francine that will filter onto the markets. Lets get straight to bloomberg first word news. Ritika good morning. Republicans are pushing back against Donald Trumps refusal to commit to a peaceful transfer of power. Mitch mcconnell tweeted the process will be orderly, just as it has been every four. Years since 1792 also every four years since 1792. The senate also committed to a peaceful transfer of power. Democrats have started drafting a new stimulus proposal that could get past the house next week. Smaller than the package the house passed in may, it is still larger than Senate Republicans say they can expect. President trump said he will go as high as 1. 5 trillion. In the u. K. , rebel members of the conservative party are threatening to seize the parliament to block new coronavirus rules. At least 40 tories have put their name to an amendment wiping out the government majority on the
Heard from the bank of england yesterday and whether that will filter through longer term in terms of negative rates. Now overall, the markets are focusing on that. They are focusing on some of the things that we saw this week, which is m a. In. Ks general in europe edging lower it seems to be that a lot of markets are in a holding pattern. Lets get straight to the bloomberg first word news. Here in london is also leighann gerrans. And oracle seem to be edging closer to eight tiktok deal. They have tentatively agreed to terms with the treasury department. Bytedance is also increasingly confident that plans will win the approval of regulators in beijing. Assuming it happens, a new firm would aim to hold an ipo in about a year. The eus climate chief says rising demand for green bonds creates an opportunity for the bloc. It plans to start selling as much as 225 billion euros of its debt. That amount is almost the same as all of the Green Securities sold globally last year, likely making t
Welcome to bloomberg surveillance. Theres plenty going on in the markets, not withholding everything going on with the Supreme Court, and we are just about 46 or 45 days away from that important u. S. Election. The picture on the market is not great for banks. You can see actually banks were down from 4. 1 . If you look at some of the things we should be watching out for, european stocks are dropping for a third day. Rising virus cases will lead to tougher travel restrictions. Lets get to first word news here in london. Leanne concerns are mounting the u. K. May need a second lockdown to stop the spread of coronavirus. Prime minister Boris Johnson is set to be told today that the nation is at a critical point in the pandemic. There are expectations that local restrictions could be extended into london. President trump is celebrating the tiktok deal, despite it falling short on some of his key demands. The apps chinese owners will still have an 80 stake in the the u. S. Source new jobs.
British police double during a covert health crisis. Ok now and stay with you next hour with the latest news from around the world cannot now the kaiser report. As or this is the kaiser report what does it mean to go on. Face max we are going orange here on kaiser report that is the opposite of going dark were going to are making ourselves antifragile were making ourselves immune to those who would censor and that includes going to our new handles mines dot com for its last Stacy Herbert and you can see that right here on the screen hopefully and then from max you go to mines dot com forward slash max keiser its more resistant to censorship so you should check us out there oh yeah definitely we know youve got to stay agile and in the words of the of nasima or not seem to love depending on whether you want to process them correctly answer fragility would include a certain amount of agility and so we want to get off platforms that are prone to censorship and move toward the world of bein
And low inflation. The topic is regularly salient since last week, following an 18month review of his Monetary Policy strategy, the fed released a revised revision of its goals and Monetary Policy strategy. We are honored to have governor Lael Brainard to hear her thoughts on the topic. After we hear from governor brainard, there will be time for questioning and answers from the audience, then we will convene a panel to discuss the new said framework with ben bernanke, janet yellen, and roberto poley of cornerstone , and Julia Coronado of the university of texas. If you would like to post a question to lael on the panel, you can do so by emailed brookings. Edu. Governor brainard has had a long career of Public Service and in academia. She took office as a member of the feds board of governors in june, 2014. Before that, she served as undersecretary of the u. S. Department of treasury from 20102013, and transferred to secretary of the treasury in 2009. I had the opportunity to have work