You get tory and I wIll be austerIty ahead and that Is what they argue and the OpposItIon PartIes here would say a lot of the problems are of the snps own makIng and they are In charge of thIs budget and they have decIded to make generous Pay Settlements to PublIc Sector workers, Pay Settlements at the ScottIsh FIscal CommIssIon would say were not planned for In perhaps the way they should have been. But the result of all thIs, where the blame lIes, that Is up where the blame lIes, that Is up for Argument And Everyone takes a dIfferent posItIon on that but the fact Is there Is a Black Hole and cuts on the Way And Shona RobInson Wall take topIcal questIons emInently behInd me and that Is slIghtly overrunnIng but we expect her to stand up emInently to gIve about a 15 MInute Statement on where she wants to move the money and where she sees the necessIty for cuts and what thIngs can be delayed and what money can be dIverted, but we are expectIng thIs to be a substantIal statement detaIlIng
First wave of the coronavirus pandemic. Austria is doing well as well. Are seeing the dollar at levels that we have not seen for Something Like two years. The falls in the dollar taking place overnight. Yenre seeing the japanese clamber up as well, reaching the 104 level. 103 yen. Terry gou. That is the current position. Kong is declining just a fraction at the moment. That is where we are without one. That is where markets are standing. Haslinda. Lets get back to our top story. President trump has attacked the credibility of the election, challenging counts and nevada, pennsylvania, georgia, and michigan. Speaking at the white house, the president made several claims and said that the election is being stolen from him. We will not allow the corruption to still this election or any election in that matter. We cannot allow anyone to silence our voters. Haslinda joe biden is urging patience and saying that he is no doubt heading to victory, in an election that hinges on seven states. Mr.
Plenty of things to be thinking about. The election dominating the narrative. Alix polls are just opening in alaska. In the lower 48 states, voters have been filing into bowling into Bowling Centers across the United States. Joining us into pulling Centers Across the United States. Joining usis bloombergs nick wadhams joining us is bloombergs nick wadhams. We saw a record early turnout of about 100 million voters, i reflation that a lot of democrats in particular were worried about the coronavirus and possible exposure, and want to get their votes in early. Republicans tend in this election to vote much more on election day. The big number we are looking at is 9 00 p. M. That is when we expect to know what is happening in florida. Once we know florida, people have a very good sense of what this race is going to look like. If joe biden wins florida, President Trump has very few paths to get to the white house. If it is a nailbiter, that could give us a sense of the shape of things to co
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
Has appeared in many areas. Hes from vermont and is a distinguished professor sociology the Graduate Center and the author of the bestselling for Peoples Movement regulating the poor and why americans dont vote with the late richard gaye. Please join me in using your zoom clap or heart reactions to welcome him to your living room. High everyone thanks for joining us. Fran can hear me with the thumbs up . Yes i can hear you hello everyone. Should we begin our discussion . Sure, sure. Jamie, why dont you begin by telling us a little bit about the book and especially about why you were inspired to work on it. Thanks for hosting this event ive had the pleasure of working with fran for a very long time ive always appreciated your support. So, this latest book, came out with an interest i had a very long time ago i guess about always having a political sensibility that the reduction of worktime is a public good. And should be a goal of social movements. And, it was not until i got to middleb