Riddled with corruption. But critics trying to hold the powerful to account fear, they will soon be silenced. And chinas unmanned spacecraft rockets to the moon with a mission to bring back lunar rock samples. And after the ports china firmly on the map off spacefaring nations im gathered as well come to the program. 3 weeks after the u. S. Election, president elect joe biden has finally been given the green light to start the transition process. President on a trump tweeted tuesday that he was directing his administration to cooperate in the handover process. Its the closest hes come to conceding defeat. Meanwhile, biden has pushed ahead and begun announcing nominations for his own up ministration. President elect joe biden efficiently revealed his picks for the top positions of his cabinet, monday, signaling his readiness to take over the helm, bidens Foreign Policy and National Security choices. Mark a clear shift away from trumps america 1st doctrine. Instead, a lot of familiar fac
Believing in Multilateral International organizations, the kind of International Order that the europeans would like to retain. But i think in europe, many people have believed that this election was really open. Many were afraid think that the polarization and the infighting between trump and biden, and the insistence of the trial team that he has won the election well, actually result in 2 more protests, damage the american democracy that isnt possibly not as likely as before. Nobody has considered the transition, but recently, weve heard a lot about how europe needs to do more on the global stage, but it could it now be just as easy for the u. S. The e. U. To sit back and wait for the u. S. To take the lead again. I think this is, this is no longer the case and people in europe have understood that america might be a great partner where the president wants it, but this is not a really, really reliable option to bank on i think the europeans have understood that they must do more if
Confirmation in the senate, where republicans still hold a narrow majority. For now, at least with the transition poses officially under way, some of the uncertainty and turbulence of the past weeks seems to be settling down. Peter joins with the studio now for some analysis, peter, after 3 weeks, this transition is can finally begin about time. Its a big a big deal. Is this right on a normal set circumstances . This would not be a big deal. I mean, this is something that usually goes very smoothly in the mallets, you know, just days after the election, we see the, the 2 teams come together and start the transition. But in this case, it is a big deal for exactly the reasons that were 3 weeks in. Were looking at competing crises, we have a pandemic. Theres an economic crisis and experts are really said, you know, if every day that this transition is delayed, means that more american americans could be dying from the co bit because the governments are just not ready to handle the price a
Evidence that congress pandemic spending is riddled with corruption. But critics trying to hold the powerful to account for fear they will soon be silenced. As welcome to the program. 3 weeks after the u. S. Election, the president elect joe biden has finally been given the green light to start the transition process. President donald trump tweeted on tuesday that he was directing his administration to cooperate in the handover process. Its the closest hes come to d. C. Conceding defeat. Meanwhile, biden has pushed ahead and begun announcing nominations for his own administration. President elect joe biden efficiently revealed his picks for the top positions of his cabinet, monday, signaling his readiness to take over the helm. Bidens Foreign Policy and National Security choices mark a clear shift away from trumps america 1st doctrine. Instead, a lot of familiar faces from the Obama Administration. So many that some are calling it the Obama Administration 2. 0. The choice is signaled b
Closely. The treasury yields are probably the more important story were watching this morning. Lets take a look at that. Youll see the tenyear is yielding 1. 067 . Mike santoli point the twoyear at 0. 73 right now. Its been cut in half since valentines day. I think a lot of the push and pull of futures from when they opened last evening, are we going to get a surprise rate cut . Weve had Central Banks around the world comment on that. Its been stunning considering bond yields were already very, very compressed coming into this weekend and now weve just stretched the new lows. At one point 0. 69 , that still stuns me for the tenyear. Weve been continuing to watch these numbers drop rapidly this is the story people will watch closely. We should point out, stocks in shanghai surged overnight on speculation that authorities will stimulate the economy soon. As mike mentioned, theres talk of potential coordinated central bank move. Thats something our guest host talked about on friday, an op