Electoral College Votes shy of an outright victory. This is. In the america this is an embarrassment to our country. Donald trump has falsely claimed election victory and this is the speech and the results even as votes are still being counted. In other news a military escalation in northern ethiopia as tensions between the government and local groups threaten to spill across the border. Its 20 g. M. T. Thats 33. 00 pm in the eastern United States and the race for the white house is still too close to call with 5 states still outstanding within the last hour joe biden has won the key battleground state of wisconsin the Term Campaign announced it will request a recount there its also filed the suit to hold the vote counting in the state of michigan and we are expecting to hear from the Trump Campaign and joe biden very soon hes urging his supporters to be patient insisting that he is on track for victory. Well lets take a look now at how the u. S. Election picture looks right now joe bi
Deploy troops taiwans president says shes willing to hold talks with china if theyre held on an equal basis speaking at National Day Celebrations when says shes open to meeting full dialogue with beijing and hopes recent tensions can be resolved peacefully as speech comes at a time of increased tensions with china which of. Activity near the island in the past few weeks has been angered by growing u. S. Support for the selfgoverned island. So you know if you dont. Watch as long as the beijing authorities are willing to solve and tackle isms and improve relations parity and dignity are maintained we are willing to Work Together to facilitate meaningful dialogue we are committed to upholding regional stability but this is not something taiwan can show to alone it is the joint responsibility of both sides. The 2nd u. S. President ial debate between donald trump and a democratic rival joe biden has been cancelled to take place next week organizers wanted to hold it virtually but the presid
That the feds tools dont appear to be capable of reaching this the people who are out of work which is why hes asking congress to help out with passing fresh fiscal stimulus legislation. Sensually todays meeting wasnt full of surprises if anything it only demonstrated that the fed is not planning to take its foot off the monetary gas pedal is that a correct assessment. I think it is i think what we heard more than anything else today was more of the same right is not going to change the fed essentially thinks its policies are working overall but at the same time what danielle just said is so absolutely true and its really imperative to this discussion which is that ultimately what the fed is doing does not trickle down necessarily the main street its not helping people who are unemployed right now its not helping businesses businesses and Small Business owners who are struggling mostly it helps wall street mostly it helps banks thats essentially what of the Federal Reserve is doing and
Well i dont know maybe they dont mean. I will go down a great. Part. Around one. Route. This is the one business show you cant afford to miss from bridgeboro in washington coming up the Federal Reserve has spoken and now its a plan to hold rates steady as the u. S. Economy is slowly bell. Think back straight ahead we think an indepth look at the moves of the nations central bank has the future of volatility in the wake of copan 1000 remains uncertain gold has seen a spike in value as investors flee to safe haven assets but what does the future hold but well get into that with a packed show today so lets dive right in. The Federal Reserve held another policy meeting wednesday as part of an effort to determine where to go with u. S. Interest rates and what it will take to get the economy moving again overall there was some positive news as members of the Federal Reserve board upgraded their forecast for the economy to show a smaller contraction in Gross Domestic Product and a lower Unemp
Agency Mortgage Backed securities and least at the current pace but where will employment Interest Rates and the economy go from here well joining us now to discuss that are both of us cohost and investigative journalist ben swan and former fed insider and c. E. O. Of Quill Intelligence danielle de martino both thank you both for joining us today now danielle i want to start with you here it seems like chairman paul really had to thread the narrative needle here he didnt want to downplay growth in the economy but he also didnt want to dissuade congress from getting involved is that a correct assessment of what the chairman was saying today. It really is you know weve got 2 parallel economies right now weve got nearly 30 minute 1000000 americans collecting Unemployment Benefits in some form and you know we have we actually have rental evictions that are proceeding we have foreclosures that are starting to rise as well and on the other hand for people who are employed theyre moving out t