Hospitalizations are surging out of control in california, 45 counties are now in the states most restrictive tier meaning the spread of covid19 is widespread. Thanks for joining us today at 3 im Sanaz Tahernia hospitalizations have increased 81 over the last 2 weeks in cases here in the bay area have now surpassed 138,000. All of these numbers increasing right ahead of the thanksgiving holiday when many people are hoping to gather with their families our Capitol Bureau reporter Ashley Zavala is live for us in sacramento with more on californias latest covid19 update ashleigh. Yes and as well the states Top Health Official doctor mark galli says that those hospitalizations and covid19 cases are surging in the state thats leading he and other state leaders to request a 7 counties to take a step back in the states tiered reopening system with an even larger majority of counties and the states most restrictive tier. Statewide i dont believe weve ever seen as many hospital admissions. Incr
French president declares the worst of the 2nd wave of coronavirus over protests on the streets of paris over security bill to protect the police. Hes here because government says to grant forces a surrendering, but to p. L. F. Leaders say theyre still battling the advance on the capital. In sport favor president Jonathan Francine are predicting a Family Friendly world cup in qatar in france. In a believes coronavirus will be under control by the time the tournament kicks off in 2 years time. Joe biden is forging ahead with his preparations to take over as president as his margin of victory keeps growing. Hes just formally unveiled some of his top team, while pennsylvania and nevada have become the latest state to certify him as the winner. In the past hour, the president and it was joined by the men and women. Hes picked to be his Foreign Policy and National Security chiefs. Its a team he says is ready to lead the world. It comes after President Trump began to give way, allowing the o
Economic damage can be avoided. Speaking today, the ecb president Christine Lagarde said there is no doubt the pandemic will have a longterm impact on the global economy. It is clear that covid19 will cause lasting changes to our economies. Ourill not necessarily suck economy potential, if we act powerfully. But it will cause sectoral and societal shifts against which we have to guardian be prepared. Mark according to a new ecb report, governments and Central Banks face a tricky balance between shocking the economy if they and the pandemic support to soon and undermining it if they keep measures in place to long too long. Global news 24 hours a day, onair, and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg an
While pennsylvania and vada have become the latest states to certify him as the winner. Its a team that will keep our country and our people safe and secure. Its a team that reflects the fact that america is back. Ready to lead the world, not retreat from it. Once again, sit at the head of the table, ready to confront our adversaries, and not reject our allies ready to stand up for our values. U. S. President donald trump, is taking credit for a wreck or day in the markets. The dow jones index reached and historic high on tuesday, following the transition developments and progress on the chrono virus that seems. If european government says to gray and Regional Forces have started to surrender, the government gave the rebels until wednesday to lay down their arms or risk a final assault on the main city. Mcalary warning people to leave the area to graze. Leadership denies surrendering claims. An Ethiopian Military division has been destroyed. 14 people have been killed by 2 explosions a
To president elect biden Energy Continues a monster move higher the oil and gas etf up 13 in the last two days. Despite the steady increase in covid cases vaccine developments are continuing to help the likes of the airlines, cruise stocks, retail all surging higher today as we cross that 30,000 level once again, to check it we are still above it will we say that 59 minutes left to trade. 29 points above it. On todays show, two voices to help explain the dows record rise in just a few minutes Jeremy Siegel will join us and later Liz Ann Saunders plus former testry secretary jack lew will discuss president elect biden pick of janet yellen to lead his treasury administration. Lets get the latest from wall street mike santoli is tracking the action to led us to dow 30k. Certainly the story today because of that big round number i am going to keep it consistent, though, and take a fwlims at the s p 500. Similar look in every respect in terms of getting back up pretty much to an alltime hig