Infections and deaths. More than 9. 9 million americans have been infected and over 230,000 have died, according to a survey by Johns Hopkins university. This media report that hes considering candidates for top cabinet posts. But biden may face legislative road blocks. After last weeks election, the democrat cans are still three seats short of a senate majority. If the party can win two heated contests in january, there will be a tie. Meaning the Vice President could break potential stalemates. Former republican president george w. Bush and Economic Council director under President Trump has extended congratulations to biden. Other prominent republicans like mitt romney have also joined in. But the most powerful republican, trump himself, has not followed custom and congratulated biden or acknowledged defeat. They demand ed a recount in several states. But many of them have been dismissed on the ground that those claims lack concrete fd. U. S. Media reports a say some of trumps closes
Space. Oil getting a bit of a reprieve. The concern is you have even more oil flow if the opec deal comes to an end. We want to get you todays market moving news from new york as well as washington. We want to start with the latest pmi data. Factories around the world suffering one of their grimmest months on record in march. Fbloombergs Michael Mckee joins me for more. Theres a lot to dig into. Give me some of your takeaways here. Michael mr. Rogers word of the day is contraction. Across the developed world, they are pretty bleak at this point. Some of them not as bad as thought because of a quirk in the data, but lets go through the data right now. Anybodye hardest hit of i the virus, and now the hardest hit in terms of the pmi number. Eurozoneance, germany, u. K. Are also in the 40s, which marks contraction. New orders of production crashed, but there is a quirk in the data where supplier delivery times are linked. However, in this case, there are no supplies to deliver, so it makes
Policymakers with no bias toward a hike or cut. China renounces a further relaxation in the Financial Sector removing limits on Bank Ownership and scrapping size requirements. Taylor i want to get to breaking news we have on south korea. Theyre cpi is coming in better 6 10 of 1 ed, rising beating estimates of 4 10 of 1 and coming in ahead of where we were on a yearoveryear basis relative to last month which was about 4 10 of 1 . Asare getting an increase well of 4 10 of 1 , better than the average Analyst Survey which was looking for a number of about 3 10 of 1 , and that is a rebound of what was on the prior month when cpi month over month fell by 2 10 of 1 . Again, i want to bring you the headline numbers, the core cpi yearoveryear comes in better at 6 10 of 1 . Better than the expected for tenths of 1 which is what the hadage analyst estimate called for. Lets get to the Market Reaction with sophie. Trading kicks off for the korean won, were seeing reaction. The contractor breaking.
Are being taken to create coherence in the Legal Department of the government, and the organization and the government should actually have the name of a coherent organization in the government. To prevent the loss of cotton treasury, one of the issues facing the government, which has a law and is obliged to implement it, is the contract Registration System that our colleagues prepare a report for. Which is 312 billion tomans loss instead put it in the contract in the unregistered system according to the law on improving the health of the administrative system and fighting corruption, all contracts must be in the database of nationally registered contracts, the legislator understood that we have something called corruption in government contracts, it is the backyard of governments , government contracts are a coin of corruption in a report, the Economic Cooperation and Development Organization declared the lack of transparency in government contracts as the first risk of corruption in
, so it is necessary for the naji naji collection to help in this matter so that we can create this infrastructure that is now being created. Been with the connection and statistics of the information that it is reflected that these actions should be done through the web service so that we can make access to work easier for people. This years budget law obliges the countrys Police Command to cooperate with the oil ministry in such a way that the delivery process is completed by the end of july. Fuel cards will only take a week. The deputy minister of transport of the ministry of roads and urban development said that about one million passengers of nowruz use the train for their journey. According to mr. Hadianfar, holy mashhad is the First Destination of these passengers. The tenth day of nowruz holiday and so on. We saw both snow and rain in the cars of the passengers we can see both the sun and the wind. Everything is enjoyable. Travelers from different cities. I came from it. We cam