virtual intelligence with francine as we drive to the world s challenges coming out of the imf. what is amazing to me today, just one observation, it is incredible in the major media on a monday morning, 22 days into the election, how joe biden s schedule, how his policies are buried. it is 100% trump, top to bottom, in the zeitgeist. you wonder how vice president biden manages that in ohio over the next 24 hours. francine: i remember at the all hasg, telling us it to do with a referendum on president trump. tom: never seen it. francine: turnout on november 3. plenty more on that. let s get to first word news with corinna mitchell. corinna: president trump and nancy pelosi are blaming each other. republicans are having a hard time with pelosi. pelosi called the offer grossly inadequate. the two sides are about $400 billion apart. even if there is an agreement, is not certain republicans would approve. neel kashkari warns it needs stimulus. the economic recovery has flattened
these are the markets. a little bit of a lift, and a lot of focus on tray concerns between the u.s. and china. a letter concerns with turkey and possible sanctions. overall, there is optimism about fed policy and when it comes to brexit. 26 and there seems to be hope on the market. it will be difficult on brexit by the end of the week. thursday and friday is the all-important eu summit in brussels. wirecard under extreme pressure. aumping this morning after ofry accuses the company total nonsense. the share price is down 15%. we will speak to the nobel prize-winning economist who won yesterday, michael kremer. time, a london conversation with james bullard. brexit.gan with the eu chief negotiator michel barnier saying a deal is possible this week, after the telegraph reported a mood of cautious optimism. the leader of thin land who says there isnd not enough time to reach a deal before thursday. in hong kong chief executive carrie lam denied the city is a police state. she
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it s 90 minutes. good afternoon everybody. i m mark maze you are. the robert c pose en for the tech policy center. it s a great pleasure to welcome you here to the state of the state event sponsored by the tech policy center and the state and local finance initiative at the urban institute. welcome to the urban institute s new conference facility. i think it s a step up from the previous facilities at 2100 m street. titled the enduring work of tax reform and the search for new sources of revenue. the title reflects the need for many states to reform their tax systems partly driven by the changes to the federal tax system and partly driven by their economic circumstances. states were worried about the effects of the tax cuts and impacts of 2017. they in particular were worried that their state income tax revenues would be more volatile. it was hard to predict what the results were going to be due to the shifting payments over time and changes in federal deductibility. stat
welcome to bloomberg: surveillance bloomberg: surveillance. i m mark barton in london. festival of central banks, we have the ecb to come, the bank of england, the fed here. down 1/5 of 1%. .uro, little change unchanged since the last ecb season, october 26. hasn t fallen to one dollar 1587 on november november 7. sterling up by 1/10 of 1% today. today, but it s politics that s affecting sterling today, having risen since fps last night. they re changing their government s planned legislation, so they guarantee they will get a meaningful vote on the final deal to leave the eu in negotiations for 2019. coming up today on bloomberg surveillance, we will discuss markets with paul donovan, hear from the s&p governor thomas jordan. but get to bloomberg first word news with sebastian salek sebastian: the fed has raised rates by 25 basis points as widely expected. we also have a growth forecast next year, but maintaining projection of hikes 3 hikes in 2018. saiding cha