How to rein in the coronavirus pandemic. Kamala harris, as well as members of bidens Coronavirus Task force, were also on the call. Biden reportedly told governors they all share a common purpose, regardless of which Political Party they belong to. He also reportedly promised state leaders he would make sure they get the sources they need to beat the virus. The u. S. Has been hit hard by the pandemic, with over 11. 5 million total cases. More than 250,000 people have died. Following the call, biden spoke to reporters. He tried to reassure people that his pandemic plan targets the virus, not their livelihoods. I am not going to shut down the economy, period. Im going to shut down the virus. Thats what im going to shut down. So i say again, no national shutdown. No national shutdown. Because every region, every area, every community can be different. He was also asked about president trumps refusal to concede. Biden described trumps recent actions as totally irresponsible and damaging to
It is a team that will keep our country and our people safe and secure. Its a team that reflects the fact that america is back, ready to lead the world, not retreat from it. Biden held a News Conference on tuesday. He was joined by Vice President elect harris and the individuals he selected. Most of the nominees must be confirmed by the senate. Antony blinken was picked as secretary of state. He was deputy secretary of state during former president obamas second term. He nominated former deputy cia director haines to be the director of national intelligence. She will be the first woman to hold that post if she wins confirmation. Alejandro mayor casse was nominated to be the secretary of homeland security. He will be the first latino and first immigrant to fill that role, if confirmed. The News Conference was held one day after the countrys General Services administration cleared the way for the transition of power to officially begin. But President Donald Trump has not conceded defeat.
In a statement on thursday, the government said the serious situation has eased enough that authorities can enforce the regular laws. Bangkok has seen eight Straight Days of unrest since last wednesday. Tens of thousands of protesters marched to the Government House demanding the resignation of the Prime Minister. Organizers put the figure at close to 50,000. In a televised address on wednesday, the Prime Minister said an extraordinary session of parliament will be held next week to discuss the demonstrations. Translator the only way to a lasting solution for all sides is to discuss and resolve these differences through the parliamentary process. Protest organizeers have issued a threeyda ultimatum to the Prime Minister calling on him to resign or face another flood of people in the streets. The japanese government is mulling further easing entry restrictions for Business Travelers. It is considering an exemption of quarantine requirement for short stays of up to 72 hours. The exemptio
President trump refuses to commit to if he loses the election. He says he could try to accelerate the vaccine approval process ahead of november 3rd. Just 6 00 a. M. Here in the si of london. Ma us in is off today. Lets get a look at the markets. The nasdaq dropping below 3 . The benchmark in asia down more than 1. 5 . Futures, there you all in the red. Move over the board. Lets look at what happened across as set. The dollar still on course for the strongest week since april. Were up. 1 of a percent. Trading below 1900. Citi says more upside. And Morgan Stanley taking the flip side. Well talk about that later. The crude just under 4 a barrel. John authors hes without a piece. He says this bout of stock market angst looks much darker. Earlier sell offs is an intent to correct excessive prices in companies. Dominant he said we took things too far as we might have taken things in completely the wrong direction. Lets digest all of this with georgette, senior analyst. We had this selloff.
Markets slump as warnings from the fed on the need for more stimulus ignites fresh jitters. Powell and mnuchin take the stage again today. Partial measures. France cracks down on gatherings and bars but will not impose a full lockdown to stem a surge in virus cases. Do it like the germans. Richie soon act will set out a new crisis plan to protect jobs today. One proposal is for a wage top up scheme for workers who return parttime. Otherwise known here as we are under no an hour away from the start of cash trading in europe. Big drops anticipated for european stocks. You can see ftse futures down 9 10 of 1 . Dax futures down 1 . Down even futures more. U. S. Futures dont look as bad. Remember, u. S. Stocks took a big hit yesterday. Europe escaped losses. Europe has catch up play on the way down. Set, at least in the s p and dow, to stabilize. Anna absolutely. Thats a crucial transatlantic difference in time. We ended in very different places yesterday. Lets have a look at the gmm. You c