Make up your. Double made for mines. The euro hits a 2 and a half year high against a basket of currencies investors are bullish on europes recovery from the pandemic that has a strong euro but a strong euro rather has consequences for companies who bring you up to speed. Also on the show major Oil Producing nations agreed to bowl back some of their production pandemic production cuts can they ride an oil recovery or are they acting too soon. And the german state helps Small Businesses survive the pandemic by helping them go online. Welcome to the show. Stephen beardsley in berlin good to have you with us the euro is poised to hit a 2 and a half year high against a handful of rival currencies this week its the latest high point of a month long rally for the currency and it comes as rivals have weakens the European Unions common currency broke the 1. 20 cent mark as Inflation Fears hit the u. S. Economy itself against the pound sterling on fears that brags that brags a trade deal will n
A motion to boost uranium enrichment just days after the killing of a Top Nuclear Scientist driven from their homes now living hand to mouth ethiopian refugees fight hunger and uncertainty in sudanese refugee camps and covering it japans relationship with the Face Covering the new exhibit billed as a theme park for masks. And sport around madrid could be set for an early exit from the European Champions League defeat against shakhtar dont yes has put reality on the brink of elimination. Donald trumps bid to overturn the u. S. President ial election result has suffered another major blow with the attorney general saying there is no evidence. Of widespread voter fraud bill barr told the Associated Press that the Justice Department investigation has in his words not seen fraud on a scale that could have affected at different outcome president elect joe biden be trumped 53062232 votes in the Electoral College and more than 6000000 votes in the popular vote well alan fisher is following eve
Anticipated ipos cnbc confirms that doordash and airbnb is expected to release the valuations in the upcoming s1 amendments and particularly door dash seems to be employing a technique that weve seen before from epic in doing this ipo pricing process and also getting quite bate of interest because of the pandemic right with so many more options like a three main options on the table now to go public, its interesting that door dash is forging its own way, elements of the traditional ipo with an auction process. Carl and jon, what is interesting about these two ipos, they were talking about this earlier, i heard leslie say something, benefitting in different ways from the pandemic also the strategy. They went to local smaller markets, particularly doordash going to the suburbs but, carl, you see airbnb, there were not many options to go to hotels or get great lodging in the smaller places thats all people want to do now. The they want to avoid the big cities and go, you know, outside of
Teach, put in context. Call me 1800743cnbc or tweet me jim cramer the market cooled off today. The dow sliding 67 points. Nasdaq advancing. 04 . Come on, lets face it all eyes are on next week. When we come in on monday, well know who won the election. How do you respond simple you should do nothing. Why . Because it looks like once again that we are going to have divided governments. With divided government, there is not a lot the president can do biden may be aggressive about protecting the environment or fighting covid19,less questions on cracking down china he got all these different departments that can make rulings. I wish i can Say Something simplest simplest simplestic sell your trump stocks sure trump is friendly to fossil fuels. Other than chevron and pioneer, the whole Group Remains investable biden cannot hold all of it back on the other hand, a bidens is t presidency may make nicer on china. This is mad money, not mad trade policy. So we have to factor in what it would mea
Appointment this means the top court now has a conservative majority of 63 allen fresh has more on what happens next she will take the judicial oath at the Supreme Court on tuesday it will be administered by chief Justice John Roberts and then she can get straight down to work which is going to be interesting because already just in the last few weeks the Supreme Court has had to decide on important questions of law over electoral law and it could well be that before the election on november the 3rd there are a few more cases that go to the Supreme Court equally bad it gets down to work immediately which is exactly what the republicans wanted here is present donald trump has insisted corona virus will soon be gone as he campaigns in key battleground states ahead of next weeks election but cases continue to surge across the u. S. More than 225000 people have died there since the pandemic began. Theres been protests in several italian centuries as anger builds over the latest round of co