Christine lagarde, president of the ecb, moderated by Francine Lacqua. Francine what a great pleasure to be here with Christine Lagarde, president of the European Central bank, and welcome to the forum here at bloomberg. Everyone is talking about the vaccine. How will that actually change your forecast and the economy if we do get a vaccine early next year . Ms. Lagarde it is lovely to see you and to participate. To your question, i am not sure it is going to be a major game changer for our forecast, simply because what we had anticipated in our baseline was that some stage in the first half of 2021, there would be a vaccine, and that it would be rolled out in the course of 2021. So it might be a little back celebrated a little bit accelerated given the news we are receiving from the various horizons, germany, the u. S. , but i dont think it is going to be a game changer, so to speak. I think that our forecast is being revisited all those times we speak, and we will be releasing on dec
Belgium urge eu leaders to step up plans for a no brexit. 50 questions from german lawmakers. We will talk to a member of the team. Rd investigative a warm welcome to the program. U. K. Data. Datac sector net borrowing coming in this morning. Excluding the banking group. At 28. 3ber has come in billion pounds. That is below estimates. The estimate was for 30 billion. That are than anticipated. Really interesting aspect here payhat the Public Sector conversation will look like from here. We have a Spending Review coming wednesday of next week. In july, the chancellor made the point that the fed felt publicsector pay was needed. We are bracing for some effort from the treasury with regard to Public Sector pay. Squeeze in Public Sector pay perhaps coming. We will focus on that and it will be interesting to see the comments coming through or the numbers coming through on the banking sector. That is the u. K. Data. Markets. Futures looking a little bit mixed really if you take a global pict
Up next its booktv is monthly in Depth Program with author and Princeton University professor imani perry. Our books on race and africanamerican history include prophets of the hood, may we forever stand, and the recently published breathe a letter to my sons. Its a letter. Its a series of letters to my son, but of course, its also a letter to the larger world, both about, you know, the reality of the terror and anxiety and worries that comes along with being a parent of black children, and particularly black boys in the United States at this moment, but its also filled with my desire for them to lead a life of beauty and joy and excellence and selfregard. Much of which, i think, one finds a lessons for in an extraordinary tradition that we have to draw from. Where did you come up with the idea to write your sons a letter . Well, so, i actually have written them letters privately for years, but my editor, at beacon press said, is this something youd be interested in doing . In large pa
Transformation which will catch every part of our society and our economy. And we will do it because it is the right thing to do. Investors want their say. Carl icahn turns hostile in its bid for hp and dell shares dropping in after hours trade as they slash its full year revenue cost and blames a chip shortage from intel. I feel like a bit of a broken record saying this every day, but we have new wall street record highs yesterday for all the three majors yet again inching higher yesterday more optimism on the trade talks as well with the u. S. President saying that they are in the final throes of reaching a potential deal and that has given a boost to asian markets as well. The stoxx 600 reached a four year high. So very good dumomentum and you can see that there is a green board right behind me. All the majors are trading positive ftse 100 the outperformer up about 30 points. Good performance in the Mining Sector so that is the uk. Xetra dax up about a ten it th t as well. Pointing
To address the crisis. Why . Why about . Because this is the most important thing that happened in the history of the world. And often hymer wins big at the oscars. The blockbuster about the race to build the 1st tony farm is the big winner on hollywood. Biggest. On joining us just go with the sports as a head coach in the top tier of autonomy and football is sacked after appearing to head thoughts and opposition play of the its 13 gmc that is 3 pm in gaza where palestinians or experiencing of ramadan, like no other muslim month, the 1st thing is being observed in the face of famine. Israel is restricting what food medicine and life saving supplies can get into gaza. Explosions occurred in the Southern City of rossa. Shortly after dawn, camp shelters and homes were targeted in separate attacks across the entire strip. Leaving people to sift through the rubble is really forces have killed more than 31000 a palestinian since october. 2 banker begins our coverage of ramadan is normally a