Of a looming election. Steve clemons in conversation with leading voices on the bottom line your weekly take on u. S. Politics and society on aljazeera. Counting the cost on aljazeera a look at the world of business and economics this week as rich nations cornered the market for covert 19. 00 vaccines and treatments what does that mean for the worlds poor we find out about the real cost of developing drugs. Im joined now in scotlands East Kilbride where the Worlds Largest trial of possible coded 19 treatments has produced results that are already being used to save lives. And a hack possibly by teams that took twitter by surprise we talked to the c. E. O. Of a Silicon Valley company that does away with the need to remember possible. The race to develop vaccines and treatments for the coronavirus pandemic is entering a crucial stage with large scale trials on the way the debates of opaque pricing has raised concerns that pharmaceutical companies could be charging way too much for covert
Technical has laid a big role. We were talking about the 200 day moving average, 3000 on the s p 500 and it was a resistance level until it wasnt. I was looking at the etfs that track hong kong stocks. About up twot point 1 . So relief that the president did not announce any new tariffs. He is not going to touch the phase one trade deal. All the other movements and announcements he made are largely priced in and as far as the measure is concerned does not change the big picture. Romaine lets bring back the chief Investment Officer at Deutsche Bank wealth management. Idea of thebout the fed support here and the idea that a big part of this rally, a huge leg of it, is resting on that fed support whether what is done already or what it said its going to do. Is there a risk that should the fed start to pull back and say enough is enough, do we have enough confidence the markets can continue higher on its own without that support . So, romaine. Bt the feel the fed has been essential really
Global marketplace. Last year, the wall street journal called the decline of europe as the force in World Affairs the most consequential shift of the last hundred years and there is some truth in that since world war ii declined and its also true that the Economic Growth has been compared favorably with that of the United States and for example with china or india. And of course efforts to maintain an Economic Union within europe have been more complicated lately with brexit as we all know but still i think professor anu bradford sees things differently and in her new book, the brussels effect the European Union rules the world come here and also back there and you must have a copy, professor bradford argues the eu is an economic superpower and it continues to yield unilateral power and regulating their market and that is a phenomenon called the brussels effect. So what does it mean, many examples to shape policies and areas data privacy, Consumer Health and safety, antitrust and you r
Did not target any Oil Infrastructure which was a major point of concern for Global Markets in fact the nasdaq rallied to new record highs wednesday following the attack as a was highly asian was less than feared while crude oil retreated down 2 percent President Trump addressed the spikes wednesday morning in washington our Great American forces are prepared for anything iran appears to be standing down which is a good thing for all parties concerned and a very good thing for the world as we continue to evaluate options in response to a rain in aggression the United States will immediately impose additional punishing economic sanctions on the iranian regime. Investors are relieved and many analysts interpret the strike as iran lashing out but not for escalating the situation tensions are likely to continue but Current Base Case scenario does not assume a broader military conflict so while the market has bounced back and the vix is low indicating that fear has subsided has the entire t
Conversation. Call for democrats for democrats 202 7488000, for republicans 202 7488001, for independents 202 7488002. You can also send us a text at 202 7488003, include your name and where you are texting from, you can also tweet us and we are on facebook at facebook. Com cspan. We have a number of posts already with ideas on issues that congress and washington are not focusing on that viewers think they should be. Adam posted that the legalization of cannabis and recreational and medical, stopping vaping deaths and allowing the fda to do its job. When they resized passing the budget in turn limits. Air,or marie, clean quality education, improving infrastructure, and income inequality. On the u. S. Mexico canada trade agreement, some movement on that funds that front. Mexicos president wrote a letter to nancy pelosi, heres a story from the wall street journal. Mexicos president urges quick u. S. Ratification, president of the door has urged House Democrats to ratify the u. S. Mexico