Shanghai composite, 3 10 of an percent of the upside. Lets have a look at what is going on currency wise. This is the dollar index. Not that much changed. Bitcoin. Oves is down nearly 2 at the moment. [indiscernible] thetocurrency left to 18,000 level. Citigroup causing a stir with a 300,000 plus estimate with regards to bitcoin. U. S. Dollar index pretty much unchanged. Stasis as weoil in wait to see what is happening with some of these internal squabbles taking place with members of opec, mainly the uae. Mitchell with the first word headlines. Early south koreas trade data shows exports extending their recovery. The yearose 11 from earlier. South korea shipments received a boost from china and the u. S. Cap exports were up almost 22 . Singapore sees at the economy expanding by between four and 6 next year as it rebounds from the virus. Thirdquarter gdp shrunk by 5. 8 on the year and the estimate for contraction was revised to six to 6. 5 . The decline for the Third Quarter compared t
Arrival of the Coronavirus Vaccine and im confident our researchers and scientists are equipped to win this race. Right now, quipts in pennsylvania and around our country are making incredible progress in this pursuit as part of operation warp speed. The Trump Administration toll develop a Coronavirus Vaccine. Under the leadership of president trump, the department of defense and the department of health and Human Services together with so many in the private sector are in the midst of what is truly an unprecedented search for a safe and effective vaccine all in record time, with significant amount of vaccine that will be developed for the people of america. This process as the doctors with me tonight have testified that this is driven by science but rooted in safety. And lets be certain, a vaccine will only be approved if it is proven to be both safe and effective. Operation warp speed is taking all of the precautionary steps that are required to develop any vaccine. But heres the dif
Plans. Quite the opposite. Companies have called off inversions and even brought back operations to this country and they are citing our tax reform as a main reason for doing it. So why would mr. Biden want to undo that . Even more curious is that mr. Bidens own talking points suggest that he supports a number of our tax reform policies in that 2017 bill. We have kimberly clausey who reportedly advised mr. Biden on tax policy have said the tax cuts and jobs act, quote, should be commended for providing some limits on tax avoidance through the guilty and the beat, end of quote. Guilty and beat are those acronyms that i referred to. Whats more ms. Clausey estimated the new rules under the 2016 tax bill will result in a 20 decrease in shifting profits overseas. Thats consistent with the joint committee on taxations Macro Economic estimate in 2017 that found tax reform would reduce Profit Shifting and increase the u. S. Tax base. Nevertheless, however, mr. Biden wants to double down on inc
Citizens out of india within days. Plus why the latest tragedy to fight crime has triggered a controversy in the u. S. City of baltimore. From joining us roscoe the sports including Uncertain Times of mclarens Formula One Team you hate common in fact she says it will cut the quarter of its workforce across all operations because of a pandemic. All right so theres a growing anger as countries in the new hot spot of the coronavirus pandemic struggle to cope with the outbreak poor people across latin america say theyre the ones who are suffering the most from lock downs and from spending cuts and its leading to protests throughout the region next year brown begins our coverage. In ecuador they marched in defiance of the lock down angry of the government cuts to jobs and salaries brought in to tackle the pandemic. The mayor of the capital quito had asked the crowds to stay home because of the risk of infection but these protesters believe the stakes are too high and the more we have no fea
A social distancing restrictions are lifted well tell you why theyre calling it revenge shopping. Im gratified welcome to the program the European Commission is hosting a virtual fundraiser today to help efforts to develop a vaccine and treatments against the coronavirus event is expected to raise more than 7000000000 euros german chancellor Angela Merkel french president obama where mccall and United Nations secretary general antonio wood terrace among World Leaders who have pledged their support. The battle against covert 19 has many fronts and it looks different in every country but the ultimate goal is the same a vaccine and an effective treatment. Everyone can follow through with a virus and that is why we have the task of editing together worldwide. Many of the world for a vaccine is available for whites broke use. But there are efforts underway to speak things up by pooling resources and pouring money into research. We have to build up capacities to manufacture it villianous of