A put the progressive on the panel here what is the state of the Progressive Movement now you did get the vote out for joe biden you did it at least rhetorically and publicly close ranks and as the presumptive president of the United States next will be inaugurated in january hes done everything his power to shown progressive so was it worth it why i would say that progressive is extremely fractured at this moment there are a lot of people on the left who feel that now that were taken for granted and alosi as all are some progress that a lot of people oppose all the progress that it has become a reprinting a new wing of the Democratic Party one that isnt really challenging the status quo politicians even if you look at the squad theyre not really challenging nancy pelosi when it comes to that is mall stimulus package she just pushed out which they. Simply cut the money and haves from what was initially going to happen so there is a huge fracturing in the Progressive Movement it is a lo
Welcome to squawk box. Im Andrew Ross Sorkin along with joe and melissa lee, becky is off the s p looking to open about 12 points higher. Well explain why some of this is happening and lets show you treasury yields as well the ten year note right now looking at 0. 931 . But maybe a little bit of an explanation coming up here, melissa . Yeah, some optimism Mitch Mcconnell said that compromised deal was within reach and well get a live report from washington at 6 30 a. M. And we heard it before, but it seems like btoth sides are comig a little closer. On a much lower number. And im just thinking about, i dont know, andrew, what did we do to deserve this i mean we are living right or i mean, who ushered in the new week on squawk box on monday who is helping us usher out the week that was on squawk box . A monday and a friday. Is this46 w was this planne melissa, what did we do to deserve this not wouldby not by me how long has it been, stimulus vaccine i guess the election, although we do
Want action to stop the virus fallout. Nato calls for International Cohesion on security. Consumer Price Inflation breaking out of south korea. We are seeing month on month deceleration of. 1 . The deceleration, though, is easing from the previous month when we had been pulled down and undershooting Inflation Numbers because of subsidies from the government. Also we are seeing acceleration of 0. 6 when it comes to the euro. Slightly missing estimates, but when you seek out fresh food and look at the core cpi numbers, it is still growth of 1 . Of course, we still have some spare economic capacity in south korea, but remember the Third Quarter final gdp numbers actually beat expectations, and still, Inflation Numbers are very much away from that target coronavirus pandemic raging across the world. Haidi we have just had the beginning of the testimony of the rba governor, appearing before the Economics Committee today, so be watching out for some of those, particularly regarding news on t
Figures showing 6. 7 percent year on year growth in the 3rd quarter. Its a bright spot in a sea of otherwise bad economic news. The countrys currency, the lira has plunged in value, Foreign Investors continue to abandon the country. Inflation remains stubborn. And now corona virus infections are rising fast. Streets are empty are than usual. Turkey has reported record numbers of new coburg, 19 cases. Thats led the government to impose more restrictions. Theyre pushing many restaurants and Small Businesses to the brink of ruin. Fast food store and used to have 6 employees. Now he has only 2 left and he can hardly pay them because you know, thats why weve been struggling for 7 months. But now we are really thinking, what should i do . Mock up and go, i might have no other choice. The government of president , one has cut Interest Rates in an attempt to boost the economy, but the countrys central bank has no change course. In mid november, its new governor hiked the main lending rate by 4
2900000 for the 2nd follow up injection this is a 2 injection procedure of course the. States themselves where the sites have been established this is something thats been drawn up over a period of months for zille has announced its planning to vaccinate about a quarter of the population in the 1st half of next year but Health Authorities say 70 percent of brazilians will need to be immunized in order to stop the virus from spreading south korea has reported a 2nd day of record high corona virus infections more than 1000. 00 new cases were reported on sunday many of them are being reported in seoul the government has warned it may have to increase restrictions to the highest level. Police in Northern Nigeria have launched a rescue mission after gunmen stormed a secondary school in kidnapped a number of children about 800 students attend the school in cut scene the state many fled during the attack police say 200 have since returned. Venezuelas opposition says millions of people partici