Good morning, everyone. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. A lot going on, because we have Christine Lagarde testifying in parliament. We will bring you anything that comes out of it. The markets focusing on infections rising around the world. They are focusing around the fact that we could see a stimulus. Lets get to the markets. I dont know if we have them. If we do, it could be great, and it would be a good time to look at them. Overall,ok at stocks they are falling along u. S. Futures, tougher restrictions, progress toward a vaccine. We have plenty more of course on that. Astrazeneca at rising amidst positive news on its coronavirus vaccine. We are hearing from Christine Lagarde. We had an exclusive conversation days ago. The focus is on the need for a stimulus. The focus is also on the need for markets to do a little bit more. She said basically the ecb delivered in the first wave. She is talking about the physical packages, on course for a fis
If you count the legal votes, i easily win. If you count the illegal votes, they can try to steal. Ive said, very strongly, that mailin ballots are going to end up being a disaster. Small elections were a disaster. Small, very easytohandle elections. He doubled down on his intention to take the contested results to the Supreme Court for what could be a lengthy battle. A lot of litigation cause we have so much evidence, so much proof. And its going to end up, perhaps at the highest court in the land. He, also, urged officials to stop counting the votes. Trump Campaign Representatives are filing lawsuits to stop ballots from being tallied in some k states. They, also, say they will ask for a recount in wisconsin. Here is where the race stands for trump, right now. Much of the electoral map has been filled in. But, all eyes are on pennsylvania where his slim lead is shrinking. Our u. S. Partner, abc news, has not projected the winner of other states as well, such as North Carolina and nev
We start with gender equality and the rising number of women at the top levels of business and finance. Today Christine Lagarde oversees her first policy meeting at the head of the European Central bank. Shell be named later as one of the worlds most powerful women by Forbes Magazine alongside the bosses of general motors, ibm and banco sa ntander. Lets put this in context though. This year the number of women running americas Top Companies hit a record high of 33. But thats still only around 6 . The number of female Board Members of companies around the world has almost doubled in the last decade but still, on average just 20 of Board Directors are women. According to research by the Bank Credit Suisse gender diversity is good for business with companies with both male and female directors outperforming male only run companies. Also figuring on the forbes list today will be ursula von der leyen as of this month the first woman to head up the european commission. As the first woman to
Interesting issues though, doesnt it, about the relationship in the family. You could end up in poverty as an elderly person. If you fall out with your kids and youve given them all your cash, were going to be debating that at the top of the show. Weve got sam fowles and Charlotte Griffiths here. First, though, the very latest News Headlines with sam francis. Francis. Very good morning to you from the newsroom. Its just after the newsroom. Its just after 9 30 and a recap of the headunes 9 30 and a recap of the headlines this hour. Rishi sunak has claimed todays fall in the rate of inflation down to 2. 3, is a major moment for the uk economy. Its down from the march figure of 3. 2, driven by lower gas and electricity bills. The slowdown, though, is not quite as big as experts had predicted, prompting uncertainty about when the bank of england will cut Interest Rates. The Prime Minister, though, says everything is heading in the right direction and inflation is back to normal. Now that i
Now confirmed a general election for the 4th of july. But now, in other news, uk inflation has fallen to the lowest level in nearly three years in april, dnven nearly three years in april, driven by lower gas and electricity prices. The latest figures show. Inflation dropped to 2. 3 last month, but people in birmingham say theyre still struggling to make ends meet. I think its propaganda to go in the shops and that the prices that theyre either going up or youre getting less for your money. So im not seeing where the inflation is actually hitting. We can do a lot better, hitting. We can do a lot better, cant we. 7 cant we . As as people, we are feeling the pinch at the moment, arent we . We all are. I think the prices have increased so much over the past 24 months. The fact that theyre coming, theyre slowing down is a good thing. But ultimately, peoples disposable income just isnt there. Isnt there. And some breaking news in the last hour, one person has died in a mudslide on the edge