The Central Bank Governors replaced overnight. The lira jumps. Monday, a certainly eventful weekend. Tom keene joining me to look at the next president. Im excited because your way out front on the turkish lira. Seeing with the path forward for the investor is. Biden,. All about joe tom the president elect tries to figure out how to change the dialogue on covid. And i cantry emphasize how perfect the weather is across such a nation. It obscures a massive increase in cases. Hospitalizations are not critical, i dont know if its the same tensioner feeling in london. Its different here because weve been in lockdown for five to six days. ,e saw a Record Number of cases the u. S. Numbers are actually staggering. 120,000 new cases last week. We look not only to the task force joe biden put in place will put in place, but the Market Reaction is muted, if not a little bit positive. The senate possibly being held by republicans meaning they will without thenefit extra taxes. Global equities rall
Virtual intelligence with francine as we drive to the worlds challenges coming out of the imf. What is amazing to me today, just one observation, it is incredible in the major media on a monday morning, 22 days into the election, how joe bidens schedule, how his policies are buried. It is 100 trump, top to bottom, in the zeitgeist. You wonder how Vice President biden manages that in ohio over the next 24 hours. Francine i remember at the all hasg, telling us it to do with a referendum on President Trump. Tom never seen it. Francine turnout on november 3. Plenty more on that. Lets get to first word news with Corinna Mitchell. Corinna President Trump and nancy pelosi are blaming each other. Republicans are having a hard time with pelosi. Pelosi called the offer grossly inadequate. The two sides are about 400 billion apart. Even if there is an agreement, is not certain republicans would approve. Neel kashkari warns it needs stimulus. The economic recovery has flattened out. He says we wil
This is what markets are doing now, steady as they go. They seem to be range bound. A lot of focus is on President Trump and his health. A lot of focus is on the risk off move we saw friday not filtering today. The yen is retreating, trends study, pound weakening as they start a two week period of brexit talks. Lets get to our top stories. Its been a weakened of speculation over President Trumps health. Sean connolly now admitting to giving a statement about the president receiving oxygen. What do we know about the president s condition right now president s condition right now . Doctors in a press conference sunday sounded upbeat, saying he was improving and could be discharged as soon as later today. But remarks were inconsistent. They withheld information about level,gs and his oxygen john conolly telling reporters the president did indeed receive oxygen friday. Connolly previously said he did not. We also know the president has been given three experimental treatments, remdesivir,
Francine we will have plenty more on that throughout the day. Lets get to first word news with ritika gupta. Ritika no murder charges in the Fatal Shooting of breonna taylor. A kentucky grand jury chose not to file the indictments against any of the Police Officers involved. A single officer was charged with wanton endangerment for firing into neighboring apartments. The decision has sparked outrage and renewed violence. At least two Police Officers have been shot. President trump says the Supreme Court will likely have to decide the outcome of the november election. Hes arguing he needs to confirm a new justice to replace ruth bader ginsburg. Hes casting doubt on the validity of the election, reiterating his criticism of mailin voting. Idea of challenging the virus is gaining. The study speeding up research but raises ethical questions about exposing people to a potentially fatal virus. Global news 24 hours a day, on air and at bloomberg quicktake, powered by more than 2700 journalist
Region. In the u. S. , the senate has gone on vacation. It cannot get over this . It cannot francine get over this. Lets get to bloomberg first word news in new york city with ritika gupta. Ritika good morning, francine, lisa. President trump hasnt delivered the deal of the century he promised in the middle east. He can claim a foreignpolicy victory after israel and the United Arab Emirates agreed to normalizing relations. Even joe biden called it a historic step. With joe trump clashed biden over masks. The democratic president ial candidate said every governor should require masks for the next three months. He said that would save more than 40,000 lives. Bidenst trump rejected approach, saying, we want to have a certain freedom. That is what we are about. Vacationers will be unable to get back to work when they come back from their holidays. They must be quarantined for 14 days. China, the economy continued to bounce back last month. Industrial growth remained steady, rising 4. 8 fro