The biggest gainer is the qqq, the nasdaq etf. China with an aggressive move allowing more flexibility. It is soars today, as you would imagine, up more than 4 . Bob, its a good rally, but were not quite getting back what we lost on friday right . But if youre not confused about the action the last couple days i dont think youre paying attention. We are down 280 points on friday. At one point today we were almost on the verge of getting it all back. Put up that twoday chart. Were basically almost back to where we were. Lets not quibble. The point is whats going on . Why is this happening . Ive asked many traders this morning how to explain the last two days. No alternatives to stocks bob. Theres no reason they should have been down on friday. Chinas going to stimulate other people are saying bob, its an illusion. No matter what its true i think mand,is right, china has been sending some mixed signals recently. By the same time on friday they came out and banned margin financing, theyre
Lets start here in the uk, where chancellor rishi sunak will unveil the governments Spending Plans for the coming year this afternoon. The Spending Review will include details on Public Sector pay and nhs funding. Sunak will also set out the extent of the damage done to the uk economy by the coronavirus pandemic. But todays news is expected to be all aboutjobs. The chancellor will allocate a £4. 6 billion package to help hundreds of thousands ofjobless back to work. This will include £2. 9 billion for a new restartjobs scheme and £11; billion to expand thejobcentre plus agency. Official figures showed the uks Unemployment Rate rose to 4. 8 in the three months to september. Those aged 16 24 have been hardest hit with a steep rise in the numbers out of work. Were nowjoined by dr andrew sentance, former member of the Monetary Policy committee at bank of england, now Senior Adviser at cambridge econometrics. Good to have you on the programme. So, what do you think the chancellor will sa
This is al jazeera. Ah hello, im has, im secret. This is the news. Our life from dell ha, coming up in the next 60 minutes. The u. K. Prime minister, under pressure. As a new finance minister unveils plans to reverse most parts of a controversial economic package that will be more difficult decisions. Im a phrase on both tax and spending drone strikes. Hey, ukraines capital keith. But president zalinski says the attacks will not break ukrainians. Ethiopians, government says ill sees airports and other federal buildings in t. Great, but its committed to talks to resolve the conflict. Ah, the fight to stamp out Child Marriage is a campaign is launched in india, which has the largest number of young brides in the world. And im he, december, to the sport with just every month to go to the world cup organizes say, cousins tournament will welcome everyone as a festival of football. It brings the world together. And lets unify everyone here in celebration of whats going to be an absolutely am
Think of to the right honorable member for answering the question put to the Prime Minister. I guess under this tory government, everybody gets to be Prime Minister for 15 minutes. Mr. Speaker, the country is in an economic crisis. Markets need reassuring. There is longterm damage that cannot be undone. Much you once you crash the car, you have damaged it for good. And you will be paying much more in insurance for years to come and it is working people who will pay. Now it is time for leaders to lead. But where is the Prime Minister . Hiding away, dodging questions, scared of her own shadow. It is time to be honest about the mistakes they made. What does the Prime Minister say . My vision is bright. My mission remains. I fired my chancellor, but i cannot tell you why. Now is the time for consistent message in, but what do we get . Prime minister say no spending reductions. A chance or saying there will be cuts. A Prime Minister singh she is in charge. I chance or saying he is the ceo i
Judgment or regard for the National Interest. Three years ago, when this parliament was paralyzed by brexit, a general election would have been in. Has abandoned every single one of his pledges. I think the country also wants to hear what the speaker said. If i cannot hear, they cannot hear. If you want to go get a t i am more than happy to pay for it. I will always be proud to set on this side of the house. We will put the National Interest back. Can i say to my friend, the leader of the opposition has proposed most of the things that he will do if he became leader, it was only nine months ago that he said that. When circumstances change, it is right for leadership to change. I agree that he has reversed his position on economic justice, social justice, climate change. And effective opposition to the tories. A leader who spent over an hour answering questions on the positive case for our country. It is a very stark contrast to a Prime Minister hiding. A Prime Minister terrified to ans