And lotsof and china launches its 1st unmanned spacecraft to the moon and aims to bring back from the lunar surface. So many weeks of delay and uncertainty, but finally the u. S. President elect joe biden is formally beginning his transition to the white house ahead of the g. S. A. The General Services association has now designated biden as the apparent winner of this months president ial election. So that clears the way for the transition to finally begin. Joe trump has refused to concede, of course, but he has authorized the administration to initiate the process while still vowing to keep up the fight. Hes insisting without evidence that the election was, quote, corrupt for their part joe bidens team welcoming the decision which now frees up millions of dollars for his new administration. It means it can now work with the existing federal officials on a coronavirus response, as well as a National Security strategy that some of the support from patty in washington. This is the lette
Profits would benefit under that scenario. Tom what is the theoretical justification now for owning such a low coupon . Caroline so this is the big debate, isnt it . Beijing provides stability in portfolios when you do get the downturns, the bonds still act in that manner. With the help of that perspective, in terms of our preferences in the bond space, going to areas where youre getting more yield, so emerging market bonds, for example, where the income is a bit more attractive. Are, theok at where we reset in q4. Is this a moment of drama for you in terms of reset and reallocation, or is it a q4 steady as she goes . Caroline i think it is important to have a continual rebound and seeing portfolios throughout the year on a regular basis as markets move. Whether we are into one quarter or another doesnt matter so much. We have had the peak economic upping if you like from the virus lockdown, so that is quite helpful, but it will fade as we go forward. But our expectation is that we ret
hello, i m emily. angling. this is the news, our life from dough, hard coming up in the next 60 minutes. soaring prices, food shortages in a 4 month war in ukraine. ladies from the world s 7 richest nation sake, solutions and a summit in germany. cave under attack, or russian forces hidden military facility and residential complex. in the 1st strike, some ukrainian capital in weeks. the entire section of the roof seems to have been taken out a lot of smoke. you can see brewing out of the top ecuador as president ends his date of emergency, as he faces in her confidence varnish, always arising, inflation and count down to lift off from the outback that nasa prepared for its 1st commercial space launch from australia and on. so the height of the sports is novak joker, which prepares to defend his when would entitle 20 time. grand slam champion again refuses to take the coven 19 vaccine ruling him out of the us open. later this year . ah, we begin this news hour in ukraine where
Massing its forces now a free kurdish enclave in syria while the u. S. Is denying it plans to form a new Kurdish Military force further east and. Were going to look at the. Threat it poses to an already volatile region also on the grid the french president emmanuel micron makes the trip across the English Channel between tyson controls a very crossing from small sixty Million Dollars to keep border controls in cali as the issue of migrants is raised once again and donald trump handed out his socalled. Awards but its glossing over whats become an increasingly combative relationship between the media and the president and see if theres actually now antagonism coming from both sides there are fifty states in the u. S. But theres a push for just one more they call it New California those wanting it are over big City Politics and high taxes those against it say itll never happen we have a conversation and your reaction to a split california im were harding connected us with a hash tag. You
Decision to resign as president of the republic with immediate effect south africas scandal plagued president jacob zuma reluctantly steps down under intense pressure from his own party. Also seventeen People Killed during a Us High School shooting the suspect is a former student hed been expelled and. Russia can push the regime to commit to seeking a real peace in syria the u. S. And russia again trade blame at the u. N. After the special envoy for syria says the violence is at its worst level for years. Also around moves in on black market money traders and sinking currency inflicts more pain on the economy. Welcome to the news hour jacob zuma has resigned south africas president heeding orders from his ruling party the a. N. C. Hes going immediately bringing an end to almost nine scandal plagued years in power for me to miller possible from johannesburg. A reluctant announcement from an in vattel to president i have therefore coming to the decision to resign as president of the repu