And it is beginning to look a lot like a socially distant christmas as the rock center tree lights up and as we all mask up and get in line. It is thursday, december 3, this is Worldwide Exchange. Good morning, good afternoon or good evening and welcome from wherever in the world that you may be watching. Im Brian Sullivan thanks for joining us. Here is how your money and Global Markets are setting up their day. Futures not giving us a lot of clues. Were pretty much mixed. We had more gains for the s p 500 yesterday. Yes, another record. Your 28th of the year if you are counting at home the nasdaq 100 also hitting a new record today though, we also focus squarely on oil. Opec and its allies meeting today to try to hammer out a deal to extend production cuts through march. They could not get a deal done on monday. Today rush 1sia and other natio join the talks if no deal is made or they reduce the cut instead of extending the entire thing, oil prices and stocks could take a big hit, tha
Americans from doing business with companies connected to the Chinese Military. Beijing meanwhile congratulates president elect joe biden plans for a permanent cease fire and foreign fighters to leave libya. Well have the latest on the talks and so on. In sports, on the wood stews in title contention of to day one of the masters, the defining champions. Well placed at the final major of the year. Well, we begin this news out in ethiopia where there are reports. Hundreds of people have been killed as fighting continues in the northern tikrit region. Amnesty International Says civilians have been massacred, but they havent confirmed who is responsible. Witnesses there. Blame forces loyal to the to great and Peoples Liberation. Front. Thousands are already fleeing the violence. Many of them, a crossing the border into neighboring stude on the offensive against to graze leaders began last week after they were accused of attacking a military base. Because if not, hundreds of civilians were
From theto the concern economic hit caused by the pandemic. We have job losses here with a more modest hit in this part of the world. Else is going on out there and quickly looking at the dollar index is. We do have the dollar steady at the moment. We had the surge in the dollar seeing a little bit of a spike taking place. Being seen as a haven currency. The yen, 104. 49. New york crude, what we have here is a plunge taking place overnight. Nearly 5 . They recovered a little bit from that. 8 10 of 1 . 67 a barrel for wti. Gold the steady, but not really acting as a safe haven. We have breaking news, the dow jones reporting that it may close to buying nc, according to people and what would be the second Big Semiconductor tie up this week as the industry rapidly consolidates this deal. It could be worth 10 billion. Thats according to the dow jones. Dow jones reporting marvell could be close to buying inphi later this week. Lets get our first word headlines. Not european leaders are impos
In this country and its very difficult to prove that somebody supported at terrorist organization so you have to trace the money you have to trace phone calls you have to actually with just phone calls to the suspects and also they use al uses they use money mules meaning people who transport the money to them so it is very crucial that you build this case meticulously cant afford to make any mistakes otherwise people in this country they lose trust into the judiciary system so the threat of a coming off of coming out shabaab attacks in this country it is very present so if you talk to kenyans they say you know its not a question if theres going to be a next attack but when. I was mario in the robie or the winner of the prestigious nobel prize in chemistry has been announced in stock on this year the prize goes jointly to the french scientist emanuel shop until you and jennifer dude know from the u. S. For the development of a method for genome. For all Swedish Academy of sciences said
Transferring from one administration to an other. Good morning, and welcome to talking transitions. We all woke up to shocking news this morning so before we get started, let me give our best wishes for a speedy recovery for President Trump, the first lady, and all the officials who work closely with the president. 3, month out from november americans have started voting in the most president ial election in a generation. President elect joe biden or reelect President Donald Trump will face a double digit unemployment situation, growing pandemic, a reckoning on racial inequality. These problems is the federal government and the federal government needs to be effective. Why it is critical for effectiveness on effectiveness. A smooth transition this year is not enough. Bestyear will be the transition ever in american history. Should President Biden win, the challenges are daunting. In normal times, a new president a 78 day. Bank to form a government, select more than pout 4000 political