20000 by weeks end. Im brink off its good to have you with us its the Coronavirus Crisis is getting worse and the reactions to it are increasing french president emanuel make wrong is facing a growing backlash in the muslim world over controversial comments that he made about islam mccrone stops angered by defending cartoons of the Prophet Muhammad after the brutal murder of a french teacher since then a growing number of muslim countries have criticized macron and have joined a drive to boycott french goods. The target of their anger is clear. Here in pakistan protesters in karachi and islamabad accuse the french president. Of attacking islam. For asking the behavior of the french government is actually an insult to billions of muslims across the world its open terrorism and an attack against the muslim world may slump and im like oh. We should boycott french products muslims should boycott their petrol stations which is one of their main product we shouldnt use that fuel at all. In t
Confidence unexpectedly pulled back in october. Prospects for employment, income, and of course the economy. Perhaps they should be. Cities forcing to slow down reopening plans. Thee do see further dips in economic recovery, then this would not be good news for state and city budgets already left strained by the pandemic. Many states predicting billions of dollars of shortfalls in 2021. Some states are getting innovative in how to make ends meet, including putting Legal Marijuana sales on the pallet for tax revenue. Joe this has been one area that we have hoped well, some hoped there have would be further aid to state and local governments with a stimulus deal. It has not happened. Largest number of defaults since 2012. Expectations are, at least for that ithat continues. Romaine anything that can be done to sort of bump that backup. A time that they are trying to get out from under. Joe lets bring in Bloomberg Intelligence senior municipal strategist. Lets start with the big picture.
Gives me a better idea of how much im spending. But because it 19 has changed that now i pay with plastic tops. Im almost, you have to ask yourself, why do people want to abolish cash . So some banks and their backs on cash completely, they dont have any brick and mortar branches or a. T. M. s by the Cashless Payments are on the rocks. But experts are warning were paying with our data. Hes a monster. Google facebook, twitter interface is not surveillance capitalism. Cash is competing with Electronic Payment Systems. Could it get knocked out of the ring . Of former head of interpol says it would be risky to abolish cash completely. What happens if the russians switches off their system . Im no good parents. The coronavirus pandemic has polluted Cashless Payments, whos profiting and what price are we paying tax tax for . Should just be a life without bills and coins . What might that be like in scandinavia . Its already a reality. I decided to take the ferry, hire a car, and go and find
Evidence that congress pandemic spending is riddled with corruption. But critics trying to hold the powerful to account for fear they will soon be silenced. As welcome to the program. 3 weeks after the u. S. Election, the president elect joe biden has finally been given the green light to start the transition process. President donald trump tweeted on tuesday that he was directing his administration to cooperate in the handover process. Its the closest hes come to d. C. Conceding defeat. Meanwhile, biden has pushed ahead and begun announcing nominations for his own administration. President elect joe biden efficiently revealed his picks for the top positions of his cabinet, monday, signaling his readiness to take over the helm. Bidens Foreign Policy and National Security choices mark a clear shift away from trumps america 1st doctrine. Instead, a lot of familiar faces from the Obama Administration. So many that some are calling it the Obama Administration 2. 0. The choice is signaled b
Australian government is slowing down. It is flat in the session. The jci and jakarta composite index just started off its trading day. Dollar index moving to the upside. Sterling is flat at the moment after gains. Those gains coming about after we got brexit talks being extended to the end of october. That is adding some optimism that may be a deal could be done after one of the chief eu sides comingid see close together at the end of last week. Crude oil and gold moving to the downside as we have limbo in regards to the fiscal package or stimulus package out of capitol hill. Lets have a look at what is going on in terms of the first word news as we get over to new york and join Karina Mitchell. Karina global coronavirus numbers continue to make headlines with the u. S. Reporting record infections for the second day in a row. The white house saying the administration is not going to control the crisis. the news comes as Vice President mike pences chief of staff tests positive. Withe h