Today. And south korea, the Ruling Party Wins the election. Oil sits near an 80 year low amid a record collapsing u. S. Fuel demand. The trump is said to consider paying them to leave oil in the ground. We start this morning with a little bit of shaky ground. A reality check. For me, its about the bond market. You saw that drop in yields yesterday by 13 basis points. Its crazy to hold bonds. I turned to blackrock. I like what rick writer is saying. Basically, we will follow the fed. By bonds, etfs. What caught my eye, blackrock is getting ready to sell Interest Rates long. Nejra very interesting. A lot of people have been saying that in terms of buying what the fed is buying. If we get another initial jobless claims print above 5. 5 million which is the consensus, that would take the gains over four weeks in those initial jobless claims about 20 to you 22 million. One of the eight of the workforce out of work, wiping out the job gains since the last recession. Staggering numbers you ar
Havent lifted it before, see what that podium. To be stewed. It is like to be on the wrong end of it is like to be on the wrong end of it as and coming up before 12 30 it is like to be on the wrong end of itasa it is like to be on the wrong end of it as a captain makes me very hungry to be the one student that podium. Asap rocky is due to take the stand in sweden where hes and coming up before 11 30 on trial for assault. Asap rocky is due to take the stand in sweden where hes on trial for assault. Good afternoon. Welcome to bbc newsroom live. We begin with breaking good morning. Welcome to bbc newsroom live. News this hour the government has announced the bank of england has left the additionalfunding to prepare the uk in the event of a no deal brexit. Interest rate unchanged, it remains the chancellor, sajid javid, says ata Interest Rate unchanged, it remains at a quarter of 1 . The bank of the extra £2. 1 billion was necessary england has left Interest Rates to ensure the uk is prep
One player who will be hoping to put a dent in the leaderboard this afternoon is kojin young the world number one has been in scintillating form, having already claimed two majors in 2019, including last weeks evian championship. But home hopes rest with hull. Time for a look at the weather. Heres darren bett. Almost perfect weather for the goal. There are fewer showers around but we could have heavy showers, in greater manchester, cheshire, derbyshire and perhaps into staffordshire. One week ago we were setting uk temperature records in cambridge. Today, those temperatures are more comfortable, although there are more comfortable, although there are light showers moving in at the moment. We are seeing showers developing across scotland, northern england. The main low pressure that has brought the rain is out in the north sea but we are seeing showers developing that will push down to the midlands, across east anglia and showers are possible in southern counties of england. Probably dr
a happier new year: after months of covid chaos, can china s economy pull a rabbit out of the hat? hello there. we start in the swiss ski resort of davos, you know what, stay. stay with me. sometimes, this happens. just to prove it is live. chuckles. we will talk about what keir starmer is talking about. the opposition labour party leader. he has very much been sweet talking the elite, the top bankers at the world economic forum. he has been reassuring the financial elite that labour is pro business and pledging to do more to attract foreign investment into the uk if they win power next year. labour points to un figures, showing the uk s share of world foreign direct investment has declined since the conservatives came into government in 2010 from 8% tojust1.7% the lowest since records began. that s according to the un figures. the bbc s economics editor faisal islam reports. at the world economic forum, some of europe s top bankers and ceos assembled to meet the leader o
Near one month high. Also in the programme, well be getting the inside track on an app that promises to tell you all you need to know about buildings. Plus twitter doubles its tweet length to 280 characters, so we are asking you today whats your social network of choice and why . Just use the hashtag bbcbizlive. Hello and welcome to business live. Thousands of Aerospace Jobs in the uk and canada could be at risk after the Us Department of commerce ruled against bombardier in a dispute with boeing. An interim tariff of 220 has been proposed on the import of bombardiers c series jet to the us. Boeing had complained that bombardier got unfair state subsidies from the uk and canada, helping it win a major order. The ruling relates to a 5. 6 billion transaction us Airline Delta made last year for up to 125 of bombardiers c series passenger jets, a rival to boeings own 737 jet. Bombardier, is one of Northern Irelands biggest employers, with over 4,000 people in the country on the payroll. Th