Congress chooses a former World Bank Official to be the countrys new president. Its 3rd this week, and al jazeera obtains recordings of one of the worlds most wanted men, trying to negotiate unison from prosecution. Hello, welcome to the program. There is more good news in the battle against covert 1000, but also warnings to the world, not to let down its guard as infections continue to soar. The u. S. Pharmaceutical firm modernists says early results from trials show its vaccine is 94. 5 percent effective, far exceeding expectations. We looked out about 20000000. 00 doses of the vaccine at the end of this year. And were looking forward to making about 500000000. 00 to a 1000000000. 00 this next year. But that is going to be a 247 operation. It will be maternal alone solves this problem. Its going to require many vaccines as weve been saying for a while, but we ought to be able to do our part from here for. This is really important. Well, its just a week since pfizer by own take announ
Disaster. Monetary policy works through emulating aggregate demand and that is important now. Ultimately, there is a job to replace lost income. Our congress stepped in and there has not been a faster or stronger response from congress to an economic emergency since the great depression. The cares act and other laws have been passed to more than offset lost income in the aggregate. There will be people for whom that is not true. You see high levels of savings on the Balance Sheets of households. Not experienced the downward cases we were worried about of mass insolvencies of businesses so far. So far, so good, i would say. There are no full recoveries without confidence. Do, which ipart to think we have done. The path forward will be challenging for a number of reasons, and i am sure we will get into some of them. Congresso do more and might need to do more with fiscal policy. The particulars of that are up to congress and not up to us. It is likely more will need to be done in time. O
Edward lawrence in washington. Ashley webster waits on the disney numbers we talked about. While we wait for that, edward, well start with you on the economy and the new comment today from the fed chairman. Reporter connell, Federal Reserve chairman Jerome Powell says the economic path forward will be a challenging one and includes more help from congress. Powell on a panel with European Central bankers says that Monetary Policy needs to work with fiscal policy because the size of the economic shock with the coronavirus. Ultimately it was a job to replace lost income. I would say that our congress stepped in and there hasnt been a faster or stronger response from congress to an economic emergency since really the great depression. Reporter he is talking about the first cares act at the beginning of the summer. Last week powell said, in order to get quickly back to where we want with the economy. There needs to be a another relief package from congress. It should be targeted to those pe
And National Security activities and bringing some of those. I think the Member States are able to engage in the discussion through the council. The chaplain, dr. Black, will open the senate with prayer. The chaplain let us pray. Great god and father, your anger lasts only for a moment, but your favor lasts a lifetime. Lord, open our eyes to see the wonders of your grace and the majesty of your love for people everywhere. Keep our lawmakers from being blind to the work you are doing in our world. Bring healing to the sick and liberation to the oppressed. Lord, you have watched over this land we love from generation to generation, in prosperity and adversity, in peace and war. Today, keep our senators so dedicated that they will do justly, love mercy, and walk humbly. We pray in your holy name. Amen. The president pro tempore please join me in the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation un
Just hours after white house staff aide hope hicks tested positive for the virus. Since that many top level regularly in contact with the president and hope hicks have been getting tested for the virus. And diagnosis of course comes just days after the first president ial debate on tuesday. The president shared a stage with former Vice President Joe Biden Biden says that he has been tested several times today and both he and his wife are negative for the virus joining us now live from washington dc is jesse to noren jesse just a stunning turn of events just weeks now about a month away from the election. How does this shape the month that we have now before we have a president ial election. Yeah thats a good question really isnt so much is still up in the air president Trumps Campaign did say that all of the scheduled events these next few weeks. Would either go to a virtual platform or be postponed altogether and like you mentioned really a month away from the election were less than