Off china launches an unmanned spacecraft to the moon. Aiming to bring back rocks from lunar surface. Following weeks of delay and uncertainty, u. S. President elect joe biden has formally begun his transition to the white house. The head of the General Services administration is designated by and as the apparent wind of this months president ial election. That clears the way for the transition to get underway. Donald trump has refused to concede defeat or the lies his administration to start the process boss has vowed to keep up the fight, insisting without evidence that the election was quote, corrupt biplanes. Team has welcomed the move, which frees up millions of dollars for his new administration. It can now work with federal officials on a coronavirus response, as well as a National Security strategy of 0 as particle hay and reports from washington. This is the letter president elect. Joe biden has been waiting for giving him the federal resources he needs to begin putting his ad
Welcome to the program. Leaders of the worlds 20 wealthiest nations have pledged to quote, spare no effort in ensuring that all countries have access to covert 19 vaccines. Comments came at the end of a virtual g. 20 meeting hosted by saudi arabia. The summit was dominated by the pen demick, amid concerns for countries will be left behind as wealthier nations reserve, nearly all of the expected supply of the most promising vaccine candidates. G. 20 leaders also reiterated a commitment to extend debt relief for developing countries until at least 2021 as many governments risk default due to the economic shock caused by the virus. Lets get more now from alexander phenomenon our Brussels Bureau chief. Shes been following the summit for us on xander. Welcome. When g. 20 leaders pledge affordable and equitable access to covert vaccines. What exactly does that mean . Well, in theory, a death means that everyone should have access to achieve that. Seeing whether you live in berlin, in brussel
Bidens agenda. He may have a different tone toward china but there may not be substance. Kiwi rise ind the early asia trading. At some ofke a look these early market reactions. Sophie kamaruddin in hong kong. Sophie we are seeing some risk on tone in australia. The aussie is extending last weeks gain as the greenback has stayed structurally quicker. Weaker. They could test that 650 level this week. The yen, the best week for the currency since midseptember. Softbank results are due this monday. We have nikkei futures in chicago moving to the upside. This after the benchmark rose to a november 1991 hi on friday. That was 37 off the alltime high that was back in 1989. New york crude is gaining ground but still staying under 38 per barrel there. Some pressure may come through in the oil. Is very much in focus after the chaotic week we saw in turkey. That is the Central Bank Governor fired there. Racing for more voluntary they are embracing more volatility there. Joe biden is projected to
History of Supreme Court nominations. The panel approved barrett by a 120 vote as democrats did not show up. Instead, their chairs were filled with posters of americans who they say could lose their health care coverage. There had been concerns that barretts previous rulings would side with the conservative majority and strike it down. Our democratic colleagues informed me last night they will not participate in the hearing. That was their choice. It will be my choice to vote the nominee out of committee. The republicans skirted rules that require members of he minority to be present for official business. The entire senate is expected to vote monday to confirm barrett to a lifetime seat on the countrys top court. The vote will likely pass, as republicans hold a majority. The nomination of Amy Coney Barrett is the most illegitimate process i have ever witnessed in the senate, and her potential confirmation will have dire, dire consequences for the senate, for the Supreme Court, and our
Year, we really dont know and then the vision fund has a record decline, as the tech bets go bad. And then buying the rumor. The shares rally on reports over the sale of its steel business sending its stock at the top of the tracks its like getting the green light to buy from the Italian Government for a 6. 3 billion credit line. And ryan air says it will have to deeply discount fares to attract passengers back in the air. The ceo says they are making this stuff up as they go along, and the reality is, face mask. You reduce the transmission by 98. 5 . Happy monday, everybody, and welcome to street signs. Last week the stock 600 dropped about 3. 8 but this morning we are seeing investors putting money back to work in particular in cyclical markets. Altogether the stock 600 rebounding more than 2 . Really recouping last weeks losses we are reopening Major Economies around the world and investors are perhaps cheering that in terms of what is in demand and shrugging off the bullish ideas,