11 00 a. M. Eastern. We begin way Major Development and former president Donald Trumps legal battles. Special counsel jack smith filing a superseing indictment over its efforts to overturn the 2020 election. This comes nearly two months after the original case was derailed over a Landmark Supreme Court decision president s have broad immunity for official acts. The updated indictment, contains the original four charges trump pleaded not guilty to but some charges revised. Special counsel saying, the Superseding Indictment reflects the governments efforts to respect and implement the Supreme Courts holdings and remand instructions. Joining us now katie phang, msnbc legal contributor and paul butler former Federal Proecutor and msnbc legal analyst and msnbcs garrett haake. Walk us try the new versus the old one . Yes. Jose, start with the stuff that hasnt changed. Its the same four charges that were in the original indictment from last year. Its the same defendant. Donald trump. Theres n
Christiane and ben next have a lot to get to so lets get started. Heres a headline that will surprise no one in 2020 the u. S. Economy had its worst performance in 74 years since the end of world war 2 it contracted 3. 5 percent now this was of course because of the coronavirus lockdowns and the impact of the worldwide pandemic so whats in store for 2021 especially in an economy that remains so uncertain joining me now to discuss this and more. On it chrystia i ben lets start with you can you give us a rundown of how the economy did or didnt perform in 2020. Yeah i mean as you said in the beginning here its really no surprise to anybody the economy did not do well contract at 3. 5 percent as you said the worst its done since 1946 so its been a long time since the economys contracted that much in a single year and that came off of the 2. 2 percent growth that we saw the year before in 1900 the bottom line here is this is basically every sector was down because of the coronavirus with th
It restricts all nonessential activity between the hours of 10 00 p. M. And 5 00 a. M. , but will a mandatory quarantine for travellers be next . And if so, how soon . Reporter as covid cases continue surging across the bay area, San Francisco is embracing its purple status and the rstrictions that come with it, but just how bad are the numbers . I think were very close to santa clara. Reporter abc 7s Analysis Shows covid cases per capita between San Francisco and santa clara are both reaching the high 1,700s. To put it in perspective, San Francisco was averaging 139 new covid cases per day. Whereas santa clara is averaging 517. We may well have to act like santa clara has. I dont want to get in front of the City Health Department here, but theyre obviously weighing all these things and looking at the same numbers were all looking at. Reporter Santa Clara County Public Health officials have implemented even stricter rules, like limiting hotels to only essential travel and requiring peo
A great market. Do room said it is mad that the dow passed 30000. 00 and current circumstances. I said no equity prices reflect future, not past 2021 will be a great rebound. Im optimistic. U. K. Stocks, especially under price. So engine yell like everybody else. What people are expected to do with the participants and economy are expected to do through fed speak through the fed manipulate in prices, is that theyre supposed to think that these are the animal spirits. The fed tries to incur, well responded. Actually, stocks are mostly being driven by global q e, quantitative easing, which really has one major purpose, which is to raise asset prices. Weve been talking about this for a while day by far is one of the central bankers who speaks openly and honestly about whats going on here. So who governs business along over there in the u. K. . Doesnt want to recognize that stock prices are a function of money printing. In fact, how much our stock price is a function of money for entering.
Vaccine for use by all adults in the 27 country block the u. Has also agreed to control exports of that scenes from the blog arguing it needed to do so to ensure its own supply lines follows a growing dispute between the e. U. And the company about a supply shortage its a real pleasure to be here and to announce the carriage positive opinion for the authorize ation of the astra zeneca covert 19 vaccine this expand the range of Vaccines Available to you and a Member States which will all help to bring the pandemic under control and protect the citizens of the e. U. We now have 3 vaccines that have been developed and recommended for purple approval against a disease that we did not know one year ago. Drug from johnson and johnson is expected to apply for merges use authorization for its vaccine in the United States next week it says its single dose japp appears to be at least 66 percent effective in preventing cave 19 the dutch court of appeals has ruled that Oil Giant Shell must pay com