Warns were not in the clear yet. There are going to be lots of bumps and twists on the road from here on in. There will definitely be another surge at some point, whether it is before winter or in next winter, we dont know. Good afternoon. One year after the first lockdown began across the United Kingdom, the queen has reflected on the grief and loss felt by so many during the pandemic. In this message attached to flowers she sent to the hospital where the duke of edinburgh was treated she also praised the immeasurable service of those who have supported us over the last 12 months. The Prime Minister borisjohnson has remembered more than 126,000 people who have died during what hes called a very dark and difficult year. In the past 2a hours, the uk has recorded a further 112 covid deaths thats people whove died within 28 days of a positive covid test. That figure was 110 last tuesday. 5,379 new Covid Infections have also been recorded in uk in the past 2a hours thats slightly up from 5
Approval of the Moderna Vaccine. It would be a second Coronavirus Vaccine. More promising news that could be around the corner. Right now, today our fight against the pandemic is largely a losing one. The u. S. Setting a new record yesterday in terms of new cases recorded at 230,000. More than 113,000 people are hospitalized right now in the u. S. According to the Washington Post in Boston Pediatric Wards are being consolidated to fit all the adults battling covid19. Philadelphia hospitals are barring Family Visitors due to transmission worries. In los angeles a Public Hospital canceled elective surgeries because they cannot spare icu beds. This is matched by an escalating economic crisis. Jobless claims rising to the highest level this country has seen since early september. Adding to this grim mix there is still ten months into our fight against covid a Stiff Headwind of resistance to the undeniable facts of covid and resistance to measures that can protect us. In idaho a mandate to
29yearolds say they will definitely vote this year. 47 said the same in 2016. The polls show young voters will likely back joe biden over to 25ent trump, 63 percent. It is becoming a familiar story for louisiana. Much of the state is under a hurricane warning. Zeta is heading toward the uf goals u. S. Gold coast. Gulf coast. If it makes landfall in louisiana, it would be the fifth named storm this year. Bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 5 00 p. M. In london, and 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. William spriggs, the aflcio chief economist on how the groups 12. 5 million members are coping in the absence of more fiscal stimulus. Big news in the semiconductor business. Competitor for 35 billion in an all stock deal. With theive interview
Plans. Quite the opposite. Companies have called off inversions and even brought back operations to this country and they are citing our tax reform as a main reason for doing it. So why would mr. Biden want to undo that . Even more curious is that mr. Bidens own talking points suggest that he supports a number of our tax reform policies in that 2017 bill. We have kimberly clausey who reportedly advised mr. Biden on tax policy have said the tax cuts and jobs act, quote, should be commended for providing some limits on tax avoidance through the guilty and the beat, end of quote. Guilty and beat are those acronyms that i referred to. Whats more ms. Clausey estimated the new rules under the 2016 tax bill will result in a 20 decrease in shifting profits overseas. Thats consistent with the joint committee on taxations Macro Economic estimate in 2017 that found tax reform would reduce Profit Shifting and increase the u. S. Tax base. Nevertheless, however, mr. Biden wants to double down on inc
Devoting more of their dwindling salaries to monthly housing costs. If these problems persist, Affordable Housing is a going concern, one that could be a factor in the election. We will look at the policy measures that can be put in place to ensure all americans, especially those that are vulnerable, have access to affordable homes. I would like to think the Enterprise Community partners for their support of the conversation. We have a fantastic lineup of speakers, including two mayors from very different regions of the u. S. Advocates and housing experts. A few housekeeping notes. T can tweet us using hehillhousing2020. We are broadcasting live. We will take your questions throughout the program. You can experience occasional trouble with the video. Refreshing the page should in most cases fix the problem. Giles of guest is john mesa, arizona. He has been focused on his next mesa vision which attempts to take his city to the next level. I will call this the hills lair. Lair. E to the