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
Rally has fed into crude. Propelled thates price. People look beyond the covid to a look beyond to a returned to normal. Gold pretty much stable appeared bitcoin at record highs. Up about two thirds of 1 . We have a u. S. Dollar index unchanged. Lets have a look at the copper price. Copper advancing. The highest price and a more than six years. It is under president elect joe bidens formal transition. The hope is there will be a move toward a Lower Carbon Energy future. That britain the outlook for its demand. As has what is going on in china up. Joining in all of that. Lets have a look at the transition in more detail as we get over to new york and join Karina Mitchell for the first word news. Introduced biden has his foreignpolicy and Security Experts as he seeks to calm relations with International Friends and foes. The president elect is promising a multilateral approach, reversing the America First tragedy of the Trump Administration. He will prioritize ending damaging executive o
Im annemarie green. Well, a formal president ial transition has been finally authorized to begin 20 days after the election. Yesterday the General Services administration told president elect joe biden its ready to start the process. Mr. Biden is set to announce his National Security team today. President trump says hes not giving up his fight to challenge the election. Bofta yimam is in washington. Bofta, things are moving forward, thats good, but what about mr. Trump, any sign he might concede any time soon . Reporter good morning, annemarie. No signs of that right now, but bidens camp is moving full steam ahead to get millions of dollars in transition support and briefings. They have ascertained joe biden is the apparent winner of the election. The move gives the biden team access to prepare for the white house. Gsa administrator emily murphy wrote she came to my decision independently and was never directly or independently directed by any branch official. Minutes after that was re
Three virus levels. Investors are not buying the idea that the sectors prices have finally passed. The Company Behind k pop sensation bts prepares to take the stage in seoul. Big hit hopes to be a big hit on the korean stock exchange. Paul markets are just opened here in sydney. For a look at whats going on, lets go to sophie. Sophie sydney stocks gain ground. 1 , resuming the advanced after stalling and to retreat from a march i on wednesday. We have the likes of bhp and providing a boost while banks are under pressure and focus is on the rba governors speech in which he signaled the desire for more state funding while indicating that there will be a lower for longer rate environment, likely to see further easing ports 10 basis points, also indicating there will not be rate hikes for at least three years unless there is more sustained progress on jobs and inflation. Those remarks did see pressure come through on the aussie dollar, seeing an earlier push. Flipping the board to check in
A virus spread. Why do we parent and when will all this trigger through the topics covered and the weekly radio show is called spectrum if you would like any information on the clone m r s or any other science topic you should really check out our podcast so you can get it wherever you get your podcast you can also find us at. Science. 1000000 deaths a grim milestone for a pandemic thats not even a year old in 10 months more people have died from covert 19 than from hiv malaria the flu and cholera combined a hefty body count for a microscopic pathogen and some experts think its an undercount. The pandemic isnt done yet cases are spiking in india and europe complacency and. Are growing. They dont have any money and they dont have any other options. As the numbers continue to rise how long before the next milestone. This is due to these covert 911 welcome to the show im Stephen Beardsley in berlin 1000000 deaths in 10 months what began as a mysterious respiratory disease and who han chin