Underlying economy, bad news being good news once again, with that idea for a 908 ilion dollar stimulus will back in washington, d. C. What are the fundamentals that matter, when do we have to see something positive in order to respond to it . Ofell, its the fundamentals 2021, pricing in that story later. If you are asking the stories of the fundamentals of the here and now mattering anytime soon, the data for this month, yes it matters for the policy conversation. We saw that on saturday. And meanwhile we do have other issues. Those talks in brexit are not going that well. We have that, trade concerns, harder line tactics by mike pompeo. All of these things are factoring in but are being brushed over by an incredible amount of fiscal support not only in the u. S. , but in the European Union. The deadline for the string stimulus budget deal today, there are some nations pushing back in the Eastern European block. Euro skeptics. The broader implication is that they will get something do
Worn surging numbers may undermine a Global Recovery. Plus, we discussed prospects for the u. S. And the wider picture with the atlanta fed president , who joins us this hour. Haidi lets look at the sydney staggered open, the friday session muted compared to the street we have had in asian stocks, asiapacific stocks seeing 13 consecutive days of gains broken by the thursday session, the longest winning streak since 1988 coming to an end. A flat stock a flat start in sydney, kiwi stocks up, muted start in japan spite heavy inflows of foreign buying. We are seeing a further downside when it comes to trading in the futures session. Getting secretary mnuchin speaking at the moment. He is speaking in an interview with Bloomberg News, saying financial conditions are quite strong, that companies that are need grants,covid not that. We heard secretary mnuchin earlier asking the fed to return unused coronavirus money. We will get you more as we get those comments. This is coming at a time when
President donald trump leaves office. In january u. S. , Senate Passes an act that could see huge fines or even jail for those involved in sports doping. But the World Antidoping Agency warns it excludes American Sports while allowing International Prosecutions to go ahead and avoidable hostilities, russian president Vladimir Putin says the bloodshed between armenia and azerbaijan could have been halted weeks ago before the conflict in the go. In a car had reached the breaking point. I managed to convince president aliyev that it was possible to stop the hostilities. But he simply could treat condition was the return of refugees, including then unexpectedly for me, the position of romania and poland. This was formulated in such a way that it was on the acceptable for them any time of the day, anywhere in the World Broadcasting live from moscow, its R T International and im down on quarter with you here in the studio. Welcome to the program. Now we begin with the french capital, where c
This surge in pieces of code 19 im coughing, its good to have you with us. America is strongest when it works with its allies. Those were the words of joe biden, just a few moments ago as he formally introduced some of the top picks for his incoming administration. The u. S. President elect is said that his team will lead by the power of example. Is a team that will keep our country and our people safe and secure. And 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. And then went on to introduce his National Security team underlining their years and decades of experience. And he said, diplomacy and mole time, lateral lism are back. Former secretary of state john kerry, he will be taking on a new post as special envoy for the climate in for sizing. Bidens commitment to the environment in fighting glob
A new measures aimed at slowing the surge in new cases of covert 19th. Also on the show, activists should use evidence that hungary is misusing pandemic phones. Well take you to budapest to meet the critics fighting, to call out corruption at the highest levels. Plus a story of trauma in triumph in colombia. A former child soldier who was wounded in a bomb blast is now a champion cyclist with his eyes on glory in the upcoming paralympic games. Im off to our viewers. Joining us on p. B. S. In the United States into all of you around the world, welcome america is strongest when it works with its allies. Those were the words of u. S. President elect joe biden earlier today as he introduced some of the people that he wants on his new cabinet. The transition to a Biden White House is picking up speed after President Trump cleared the way for a transfer of power. Joe biden says that his new team will lead by example. Its a team that will keep our country and our people safe and secure. Its a