Rally has fed into crude. Propelled thates price. People look beyond the covid to a look beyond to a returned to normal. Gold pretty much stable appeared bitcoin at record highs. Up about two thirds of 1 . We have a u. S. Dollar index unchanged. Lets have a look at the copper price. Copper advancing. The highest price and a more than six years. It is under president elect joe bidens formal transition. The hope is there will be a move toward a Lower Carbon Energy future. That britain the outlook for its demand. As has what is going on in china up. Joining in all of that. Lets have a look at the transition in more detail as we get over to new york and join Karina Mitchell for the first word news. Introduced biden has his foreignpolicy and Security Experts as he seeks to calm relations with International Friends and foes. The president elect is promising a multilateral approach, reversing the America First tragedy of the Trump Administration. He will prioritize ending damaging executive o
It seems investors once again looking past the difficult months that may be ahead. Pricing forwards month statements are nine months ahead hoping we get past the virus. There could be difficult time ahead but this week you will not know it. David i should say. Thank you to Abigail Doolittle for that report on the markets. Overnight we were reminded of the complexities of the u. S. China relationship as a Foreign Ministry spokesman congratulated Vice President biden even as the trumpet ministration was bidding u. S. Investments in unspecified Chinese Company they say is tied to the chinese army. Richard haass published a Foreign Affairs piece called repairing the world in which he lays out the issues that will be in President Bidens inbox the day he walks into the oval office. Welcome. Great to have you with us. China is in the inbox but is not the first thing. The first thing is covid19. Richard i agree. China is in the inbox and will be for president as for the eye can see your the br
My colleague harvey will be back in about 60 minutes with more i hope to see you then time after time as you were going on, the run of the day 3 e. U. Sanctions on venezuela were set to expire. As present, economic doura opens up the possibility of dialogue with a country arguably bent on its destruction. The United States coming up on the show. As britains 2nd chamber rejects, strengthens attempts to violate International Law and break the buy back. Good friday agreement with the island for brics, and one of president obamas top advisers tells us whether the socalled special relationship is dead in the ultra. Could this be the man running joe bidens intelligence establishment to make the russians reiss . The other thing, i mean, you make them pay the price by killing killing russians. Yes. And yes, theres rumors abound that biden may pick hawks like mike morrell for the cia. We ask Rolling Stones mad about a potential for world war 3, whatever ends up becoming u. S. President in janua
A fundamental way with american traditions. Because as i discussed in the book trumps isolationism, his unilateralism, his protectionism, his racism, all of those actually buttes have very strong roots in american history. Going back to the founders, going back to the late 17 hundreds. And in some ways, i think trump has demonstrated himself to be a very acute politician because hes been able to tap in to that different narrative that different version of american except exceptionalism, america. And is the city on the hill that stands aloof from the world . Not the country that goes out to change the world. And so right now, i think, as biden prepares to take office, we do see the country going through a searching debate about the nature of its role moving forward. And my own view is its time for the country to find the middle ground between where it was in the pre pearl harbor era, which was doing too little and running away from the world where it has been more recently, which is dra
Director for European Affairs and author of the new book isolationism, a history of americas efforts to shield itself from the world. Professor charles koch joins me now via skype, from chevy chase in maryland. Thanks so much. Charles for coming on before i get to the book. If i may, what do you make of the fears here in britain about joe biden presidency after . , he tweeted that u. K. , violation of the good friday agreement will impact on any trade deal you know, on balance. I think british folks should breathe a sigh of relief with bidens election in the sense that we will have again in the white house, someone who values partnerships abroad, who believes in the transatlantic relationship, who believes in a strong europe has a good partner. Does biden support brecks it know when he was Vice President . Did his boss, barack obama, go to the u. K. And argue against brecks it . Yes, and so there will be some tough conversations between Boris Johnson and joe biden about this issue. But