s on u.s. exchanges alone which already far exceeds the previous full year record highs set at the height of the dotcom boom in 1900 so as u.s. equity valuations get increasingly stretched investors are actually forced to chase higher and higher prices and they get increasingly anxious when these fresh ideas that they can just pull into from the floor but at some point you really got to look at it and wonder if it's worth the because. they dropped out sharply in the midst of the pandemic gross bookings actually fell almost 40 percent year over year and i would make sense of people are looking at stake ations or at least something that's closer to them that would not require them to even get on a plane they could just drive themselves and all but these these i.p.o.'s are certainly interesting to to hear a boom bust co-host christine. thank you both for your expert analysis today. thank you. and what could be one of the. most significant legal battles with tech giants $48.00 states and federal au

s on u.s. exchanges alone which already far exceeds the previous full year record highs set at the height of the dotcom boom in 1900 so as u.s. equity valuations get increasingly stretched investors are actually forced to chase higher and higher prices and they get increasingly anxious when these fresh ikea's if they can just pull into from the floor but at some point you really got to look at it and wonder if it's worth the because. they drop out sharply in the midst of the pandemic gross bookings actually fell almost 40 percent year over year and i would make sense of people are looking at stake ations or at least something that's closer to them that would not require them to even get on a plane they could just drive themselves and all but these these i.p.o.'s are certainly interesting to to hear a boom bust co-host christine. thank you both for your expert analysis today. thank you. and what could be. one of the most significant legal battles with tech giants $48.00 states and federal author

that the u.s. is seen as an important goal in the region the obama administration with the linchpin of the rebound to trump administration scalded eight key democratic anger. i think the u.s. essentially seen maybe not explicitly. but as a strategic counter balance and economic alternative and democratic contrast to chin china. in other basis has supported india's rise and has invested india's rides. you can expect some adjustments that will help the administration will continue that. and also will not throw the baby out with the bathwater in terms of some of the things he trump administration is done that they've actually liked. spect thank you so much. i want to turn onto jonathan. you've written all southeast asia of the front lines does not want to choose between washington and beijing. so we see the india side basically tied close between u.s. and india. what we see in southeast asia? what is the picture there? >> it is a complex and diverse picture. the first things i say about southeast asia

u.s. dealt with those events a century ago and the lessons we can learn today held at southern methodist in dallas. this is an hour and 40 minutes. >> since the pandemic has begun, for our purposes since we shut down in march the thing that's really been driving our analysis here as historians, what is the historical precedence and 1918 comes to mind and there's no one to tell us about 1918 than my good friend christopher nichols. he's the associate professor of history at oregon state. he's also director there at or onstate center for the humanities and the founder for the citizenship and crisis initiative. he also studied at harvard and wesleyan, and mel loeffler at the university of virginia. chris is an expert on the early parts of the 20th century, primarily and that's what his previous work has been on and he's expanding out and he and i before he came on we were just chatting about new work we have coming out on ideologies on u.s. foreign policy which was that book itself, which was

the u.s. has applied maximum economic and political pressure on iran to try to get the country's leaders to approve a new agreement on their nuclear program. many western experts see iran as a threat to political stability in the middle east iran has staged provocations in the persian gulf and its allies are playing an active role in conflicts in syria yemen and iraq. but the sanctions really having any impact on iran's foreign and domestic policy some western experts believe they have actually helps to keep the country's islamic governments in power but what is clear is the devastating impact they have had on ordinary iranians. at 1st glance the sanctions appear to have had little effect on the capital tehran . but a closer look shows that these measures have hit the middle and lower classes hard inflation and unemployment are high. lost her job at a factory cheering the 1st wave of u.s. sanctions in 2010 she's a single parent and now works as a seamstress her every day life is hard. the sanc

the u.s. session as well. we did actually see a bit of a late rally in u.s. equity trading, up to some of those new highs we were talking about in headlines. all of that in the context of the hopes and dreams around u.s. stimulus. the concern about what can legitimately be done in the short-term and a lot of hope around vaccines. perhaps oncent day some parts of the equities space and a late rally in the u.s. yesterday and we are now pausing . we are pausing somewhat here. we are near global record highs for global equity markets, but pausing for thought nonetheless, treasury yields are interesting to watch. we are not far from 95 basis points. 93 on the u.s. 10 year yield. 93 basis points. we will continue to watch whether that spread continues to steepen. the pound is moving a little bit to the upside, recovering some of the losses it made yesterday after we heard barnier told ambassadors that there may not be a deal. we will carry for the headlines around french objectives on brexit this mo

., and i am a u.s. citizen and despite the fact that i can't return to hong kong without risking arrest and go to china or go to countries that have diplomatic or economic ties to china, but i think that i make -- have accepted the reality thatty woo are work and my personal work here in the u.s. are being monitored and being surveilled constantly, and i do not feel and will not yield to that level of threat because it is a tactic that the chinese government have used and to your point about what would happen is that i think we have seen now that one of the tactic is to strangle support resources for funding to people so that the chinese government think that if they do that, they can strangle the movement right in hong kong, and i think by acting to provide this outlet and this lifeline, we are preserving really what the chinese government can consider exist eaential threat which the resistance movement has taken and the global advocacy that you're seeing right here done by hong kongers overseas and we

u.s. secretary of state mike pompei all sent out this tweet the u.s. is sanctioning p.r.c. tech firms c e e e c for enabling the majority efforts to undermine democracy in venezuela their support to restrict internet service and conduct digital surveillance against political opponents is robbing venezuelans of a democratic future while the us has unsuccessfully attempted to install venezuelan politician want guy go as ruler of the country venezuela's president nicolas maduro continues to remain in power and his government is recognized by the united nations as well as backed by cuba russia and china meanwhile china is criticizing the u.s. move against the company from that country saying that not only is it an attempt to interrupt business between 2 sovereign nations but it is also illegal the may find the relevant actions of the united states are purely a pretext to suppress relevant enterprises in venezuela and china and china urges the u.s. to abide by international law and the basic norms of international relations to take concrete actions to correct mistakes and revoke

u.s. government panel endorses the use of fires as coronavirus vaccine in another big step towards a mass and not kill ation campaign. i know there are more kyle this is al jazeera live from doha also coming up. on called media tycoon and beijing critic jimi lie is charged under the city's contentious national security law. one more deal brokered by outgoing u.s. president donald trump morocco becomes the full for arab nation to normalize relations with israel. and submit news on global emissions but scientists say it will only be brief as industries roll back to life after coronavirus shutdowns. a mass vaccination program is a step closer in the u.s. off to a panel of of advisors told regulators that pfizer vaccine is safe and effective it paves the way for the shot to be authorized in a country that's lost almost 290000 lives to cohabit 19 classical hane reforms. good bye to the continuation of the go through it was at times a little hard to understand but that may have been the point to

company and not just to a u.s. company but to a major u.s. tech company like either a microsoft or an oracle right and of course wal-mart also became a part of that i think what's very interesting about where we have been and where we head now a lot of people ignore the fact that with every single step that the trouble ministration has taken on china especially when we're talking about free market issues like seizing the assets from a company or forcing the sale of a company those are setting precedent for what it looks like to own a business to own a company to own a multinational corporation in the future can the u.s. government require any company regardless of whether it's chinese or not to sell its company over to another large company can those rules be made not just in terms of the industry or field but in terms of a specific individual company that is the president that's been set and so moving forward whether it's china whether it's iran or whether it's even u.s. companies if you can do it to one you can do it to others i know kristi

and tonight, the u.s. suffering through its worst month since march now, reporting an astounding 1 million new cases in just four days. abc's stephanie ramos leading us off tonight. >> reporter: tonight, a major deal reportedly in the works to get tens of millions more vaccines to americans. according to "the new york times," pfizer is negotiating with the u.s. government to deliver as many as 110 million much-needed doses between april and june of next year. now, both pfizer and moderna testing their vaccines to make sure they're effective against the new mutation rapidly spreading in the uk. so far, indications are they both still work. tonight, officials in new york now testing to see if the strain has made it here. >> we want to test for the variant. if it's here, we want to know it. we want to isolate it immediately. >> reporter: but top coronavirus task force members warning the potentially more contagious variant is likely already in the u.s. >> when you have this amount of spread within a place lik

u.s. government agencies are rushing to tighten their computer security after they've been hit by a hacking operation described as the worst in american history more than 40 organizations have been targeted including the u.s. energy defense state and homeland security departments software giant microsoft also confirmed it's been affected by the ongoing cyber attack the hacking operation was uncovered last week but investigators believe it's been going on for months u.s. officials suspect it's carried out by russian hackers and warned of the grave risk it poses to government and private networks the cyber security agency says it will be hard to undo the damage done to what it describes as the critical infrastructure of federal departments president donald trump is so far remained silent on the matter while president elect joe biden vowed to deal with the breach as soon as he takes office next month. russia has rejected accusations that it's behind the cyber attack with kremlin spokesman dmi

government u.s. intelligence people were involved in that is the, the portrayal of a, an effort by the iranians to obtain the technologies that they needed to enrich uranium. this was back in the early 1990 s., and they managed to portray a recent day as being in charge of that by saying that he was at the instance the institution that they were holding the u.s. intelligence people were holding accountable. the fact is, he was not at all involved in that institution, and this was proven later on by the iranian, in their documentation. we gave them the that's what it's not all you can hear. that is absolutely fascinating. and you know, michael, what is the best course of action for iran right now? is there any option that keeps going from providing more excuses for 30, arabiya israel and the u.s. to ramp up tension by i think they're going to be much more strategic in their thinking. they may not do something immediately. i think that they, they will probably hunker down and continue on their course,

u.s. top infectious disease expert anthony found she appears to have shifted the herd immunity vaccination threshold to boost public support for the camp. and missions long awaited 5th generation fighter jet engines service we take a closer look at what the $57.00 can do. is pose a missiles accounting special instructional breathlessly.

health care experts in the u.s. evaluate the pfizer kuroda virus vaccine and recommend its approval for a nationwide roll ups. i'm convinced now this is al jazeera live from doha also coming up in a deal brokered by outgoing u.s. president donald trump morocco becomes the 4th of our nation to normalize relations with israel. the streets of argentina's capital erupted protests politicians are to vote on legalizing abortion. a total lockdown imposed in santiago an appeal for 2 lanes to stay off the streets as the government tries to bring the pandemic under control. welcome news in the u.s. as a panel of health experts recommends the emergency approval of the fire as a biotech coronavirus vaccine group advising the food and drug administration office some hope for an end to the pandemic that has killed more people in the country than anywhere else in the world and his political home explains the next step is formal approval to start an immunization campaign. good bye to the continuation of the go to court it was at ti

it is not just the u.s. navy, but the u.s. merchant navy with a large u.s. navy to protect it, that is scaring the british. they think the united states is taking advantage of the situation, to apply its , and take a leading position in the world affairs. almost to the point where the united states is beginning to act a bit like they are, the headman of the globe, not great britain. -- the big winner in world war i is the united states of america. this lecture highlights why that is the case. these are the things that concerned british policymakers. here are the troublemakers on the american side, woodrow wilson's bargaining from a position of strength, and he has the 14 points. he is going to use this big navy to apply pressure to the british to agree to his program outlined in the 14 points, so the war to end all wars is a war to end all wars based on an american plan for a new international order. next to him are his cohorts. let me see -- that is josephus daniels. cup of joe was named after joe. some people don't think so, i am a firm believer that it is

the u.s. electoral college has formally confirmed joe biden as winner of last month's election in a televised address president elect biden told americans it was time to turn the page on the trump era and that democracy prevails. coming up next pope and hitler earlier this year the vatican opened it once.

the u.s. government which will allow people in the u.s. government to somehow prevail upon these pump aoe basically to prevail upon trump to be. somehow aggressive militarily against iran to carry out some sort of military activity which would then set in motion some escalation i personally don't think that's going to happen. primarily because pump a.o. 'd has tried at least twice during the trump administration to do precisely that in situations which are far more fraught with regard to u.s. perceptions of threat or or challenge than this situation and so i don't think that trump is going to be responsive to any effort to get him to do that and even if trump were responsive i can tell you that the u.s. military is dead set against any use of force against iran under these sorts of circumstances i want to ask you this character do you think that these kind of chains of events and why why this is happening now do you think this is something being you know pushed forward in order to kind of lay

the u.s. jobs report in order to break the $1850 level. the opec-plush on compromise, which falls short of expectations going into those talks. little changed but treasury futures edging higher on the vaccine pickup. vaccine news,of both optimistic and not so positive. therna says it shot has potential for durable immunity. pfizer meanwhile is scaling back production targets. bloomberg health care reporter michelle cortez is tracking these developments. let's start with moderna, giving more details on some results we had already known about immunity . immunity is still found after about four months. what more do you want to see? tohelle: clearly, we need see longer study results. that is great news. we know that after about 113 days, 90 days after the dose, that people who were enrolled in the first moderna trial, they still had neutralizing antibodies that were above the level they would expect to keep people protected against the virus. not only that, that group of people also had higher lev

paul: u.s. lawmakers have cleared the last significant obstacle to a deal with a compromise on federal programs. that clears the way for a final agreement on the plan worked about $900 million to help the economy whether the coronavirus pandemic. ross present he has the latest. what are you hearing? a busy day on capitol hill. it finally seems like lawmakers are coming down to the final, final details but we still don't know if there is going to be a vote tonight or if it will be .ushed to monday there are lawmakers in the juste talking about funding the government overnight basically in some talking about a one-week extension to give themselves plenty of time. it was the fed lending powers that was a big sticking point and that was really settled about 24 hours ago, but at the same time, there has been discussion about emergency jobless aid, the size of checks that will be sent out to many americans, so still a few issues , but it seems like it is possible we will get a vote tonight or maybe mo

sanctions. -- heavy u.s. sanctions. the top u.s. navy official in the middle east talked today about a healthy respect for iran. >> i have found iranian activity at sea to have, to be cautious and circumspect and respectful to not risk unnecessary miscalculation or escalation at sea. >> reporter: the united states is continuing its maximum pressure campaign against iran as u.s. ally israel continues to operate militarily against the country. in the weeks leading up to the inauguration of president-elect biden, there will be a lot of uncertainty in the region. molly? molly: trey yingst, thank you. the co-owner of a staten island bar who defied new york coronavirus restrictions has been arrested for the second time in a week. sheriff's deputies say they saw customers entering mac's public house last night despite orders to close can which that they moved in -- and that they moved in. the co-owner took off, hitting and injuring a deputy with his car. his lawyer says the owner -- who has received numerous death threats -- became scared

the u.s. is preparing to add dozens of chinese firms to its trade blacklist and it includes china's largest chip maker smic the u.s. commerce department confirmed the decision and secretary said entity list restrictions are a message sorry measure to ensure that china through its national champion smic is not able to leverage u.s. technologies to enable indigenous advanced technology levels to support its destabilizing military activities on friday china oppose the decision calling it a way for the u.s. to suppress chinese companies. if that is true this will be another example of the u.s. using state power to suppress chinese companies trying to firmly opposes it the u.s. politicizes economic and trade issues violates the principles of a market economy and fair competition it is a long been advocating and violates international trade rules it not only harms the legitimate rights and interests of chinese companies could it also impairs the interests of american companies that will seriously it

u.s. moves to blacklist more than 60 mainland companies as tensions escalate in the final weeks of the trump presidency. they say they have abused export androls, with chipmakers drone companies among the latest of face potential punishment. brexit talks may extend christmas -- may extend to christmas. negotiations will continue with fishing rights and aid to business remaining as standout obstacles. reports say france will veto any will offered that satisfy expectations of europe's fishing industry. the u.k. faces festive chaos with brexit 10 days away and mainland europe shutting its doors. other nations have banned asound travel from the u.k. the johnson government reports a new virus mutation. the channel port of dover has halted all outbound shipping until further notice, urging passengers to stay away. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i am karina mitchell. this is bloomberg. l

the u.s. is concerned about what iranian forces might do on the anniversary of solemani's death. the popular mobilization forces was formed in 2014 after a call from leading -- a leading cleric for iraqis to join the fight against isil. its members are mostly shiite muslims. has bola was set up just before the invasion of iraq by the u.s. it was -- has long-standing ties with tehran. the head of the she a militia -- the shia militia's forces fit -- fought in syria. let's bring in our guests, michael is senior fellow at the hudson institute and a former advisor to iraqi security forces. in tehran, we have a researcher at the center for strategic studies. welcome. let me start with you today. how precarious is the position that the iraqi prime minister is in? will he be able to confront the armed groups? >> thanks for having me. it is a difficult position for anyone who becomes prime minister to go after these militia members. in several cases, the prime minister has put counterterrorism forces

the u.s. government. which will allow people in the u.s. government to somehow prevail upon these pump aoe basically to prevail upon trump to be. somehow aggressive militarily against iran to carry out some sort of military activity which would then set in motion some escalation i personally don't think that's going to happen. primarily because pump aoe has tried at least twice during the trump administration to do precisely that in situations which are far more fraught with regard to u.s. perceptions of threat or or challenge then this situation and so i don't think that trump is going to be responsive to any effort to get him to do that and even if trump were responsive i can tell you that the u.s. military is dead set against any use of force against iran under these sorts of circumstances i want to ask you this character that do you think that these kind of chains of events and why why this is happening now do you think this is something being you know pushed forward in order to kind of la

the u.s. have historically been more sensible about the year-end holidays, and that has not proven true this year. when i see we, i made americans, of course. not sensible at all. waiting until the last minute to sign things. a lot of unemployment benefits being derailed for millions of americans. now, so fascinating to watch mitch mcconnell go directly against president trump's wishes and shoot down the $2000 stimulus checks, placing them effectively in a poison pill package so that they can be passed by the time this -- they can't be passed by the time this congress finishes sunday. carol: i think mitch mcconnell has something in his pocket. we will talk about this with kevin cirilli later on. it was not only the relief package. there's also the defense bill which had some ancillary issues connected to it. now if mitcht mcconnell is looking for some negotiating act makes when it comes to the democrats. i think that a some thing we will have to dig into when it comes to kevin. about one clean

the u.s. central command under president barack obama when bidenaid he proved he could react well under pressure. he credits austin with designing and executing a campaign that ultimately beat back isis. biden wrote, austin's many strengths and his intimate knowledge of the department of defense and our government are uniquely matched to the challenges and crises we face. he is the person we need in this moment. the required waiver has only ever been granted twice. most recently when marine general jim mattis was confirmed as president donald trump's first pentagon chief. >>> trump's campaign to overturn the election results has just gotten harder with the u.s. supreme court throwing out a long shot legal challenge. the decision came tuesday on the date known as "the safe harbor deadline," when all states must finalize their vote tallies. the top court unanimously dismissed a bid by republicans to reverse trump's loss in pennsylvania. the state's 20 electors are set to cast their votes for bid

welcome to the day we start in the u.s. where lawmakers in congress are preparing to block president trump's order to withdraw you. troops from germany in july the pentagon announced it would pull out about a 3rd of u.s. troops based here but in a rare example of bipartisanship the final version of the annual defense bill support see continued presence of u.s. forces in germany and requires a full impact assessment to be carried out before any troops are withdrawn the package of measures still has to be voted on for now it looks like all $34.00 and a half 1000 u.s. troops in germany will be staying put for a while longer here the defense bill before the u.s. congress puts a 4 month hold on plans to withdraw american forces news that was welcomed in berlin. it was but this is i'm glad that there appears to be agreement between republicans and democrats in washington on revisiting this decision we will certainly discuss this with the new american administration in jew course. and i'm like. they should president donald trump a

top u.s. officials are reassuring us that there's enough vaccine to go around and every american can get a jab hundreds of millions of doses will be available every month and we expect to have enough vaccines for every american but by the end of march early april enough across all of our vaccine portfolio to have for every american who would like to be vaccinated 100 percent of americans that want to baxi will had the vaccine by that point time although not everyone is going to take it. really. kind of the kind of i mean it's nice to have a choice isn't it well as trump rolls out his vaccines for americans 1st policies there are mounting fears that washington will not be able to deliver on its promises a white house summit expected to celebrate the victory of the jab had 2 key guests missing pfizer and madonna pfizer is reported to have told the trumpet ministration that it cannot provide additional doses of the coded 19 vaccine until mid 2021 they say other countries beat the united states an

the u.s. china for crackdown in hong kong. all targets are people on the national people's congress standing committee. shery: brexit talks enter the final rounds with boris johnson going to brussels. is thesays wednesday final cut off. haidi: a truly a coming online. let's get straight to it with sophie. stocks, butian australian bucking the trend but not today. , under pressure including bhb and the aussie dollar retrading from the overnight high that we saw while bonds are gaining ground. nikkei futures in chicago under pressure ahead of a bunch of japanese data including a final read on third quarter data and waiting for the latest virus relief package which is said to be worth $700 billion. of trading asia, we are seeing downside moves for contract after the benchmark s&p fell overnight but the nasdaq did see coutts some gains. choppyut the pound -- a trade for the sterling as brexit talks are ongoing. couldrd charter saying it rise above 135 if a deal is struck. keeping an eye on the oil

if it's u.s. formal treaty allies against china, that's something like 59% of global gdp against china's 15%. working together we're in a much stronger position and that's a major advantage that china doesn't have. it doesn't have friends and trusting partners the way the free world does. >> i think that is a wonderful place to end. tom, did you have-- did you want to add any final comments on that topic? >> no, i think-- >> okay, well, thank you so much tom, sarah, matt, for the conversation today and i'd like to thank to atlantic koicouncil center for hosting this discussion and for the work and this report and go check it outten a peruse its findings and thank you again to all of >> has minority leader kevin mccarthy spoke replete to reporters following a closed-door fbi weaving on his probe -- briefing on his probe of a suspected chinese spy targeting u.s. politicians, including representative eric swalwell. [inaudible] i was tested: yesterday. i don't talk about what goes on inside there,

u.s. president elect joe biden has chosen a retired general as his defense secretary if approved by the senate 67 year old lloyd austin would become the 1st african-american to head the pentacle i chose lloyd austin as my nominee for secretary of defense because he will do whatever it takes to defend the american people when the islamic state emerged as a terrorist threat in iraq and syria president obama and i turn to austin who then lead us central command he designed and executed a campaign that ultimately beat back isis. well you just in served under the obama administration leading u.s. central command he was the main military architect of the u.s. led offensive against islamic state in syria and iraq he was also the one candidly admitted the failure of a $500000000.00 training program in syria i can 2015 it was shut down after producing some 5 trained fighters instead of the several 1000 which have been planned can you tell us what the total number of trained fighters remains it's a

a second u.s. case of the highly covid-19ioble variant has been detected in california a day after colorado ported the nation's first known infection. it does not look like that is a problem for u.s. equity investments. cio, isgins, coutts still with us. the u.s. has been hit just as hard, if not harder than the u.k. in terms of the virus. and yet, the equity indexes are soaring. you mentioned that is because of the makeup of those indexes, the mega tech companies, the mega tech growth, the mega cap growth companies that are there. do think there is still room to run for the faang stocks? alan: yes, you are right, it's all down to the composition of the u.s. market, which is now over 40% in tech. we have got obviously tesla has joined the party. on the one hand, it is sustainable because rates are low. that, ifis one factor you like, works for stocks, it's focusing on the discount rate. the fact that we have an ultra low discount rate means that these growth stocks can be more expensive. however, t

the u.s. -- but will the u.s. immigration policy changunder joe biden? we will report from the u.s./mexico♪ border. ♪ >> welcome toic world news am on pbs and around the globe. france confirmed it will let traffic from britain back into europe, provided drivers produce a negative coronavirus tester ticket within 72 hou. french officials closed the borders amid growing concerns about a new variant of coronavirus spreading to all parts of the u.k.. -- u.k. >> parked nose to bumper, almost 3000 lorries strande this is brought in action, a way of keeping tense roads moving. -- kents roads moving. this is the airfield and there has been a steady stream of lorries coming past me. it is looking like it is already filling up. some in the industry worry00hat as many 0 to 7000 lries were headed there today. p miles from theort, lorri tucked into parking lots. by the side of the road we meet a man from turkey. he showed us his bread, yogurt, eggs and tea that keeps him going. he told us he got stuck

the u.s. in europe, where covid are also rampant, a much quieter new years eve is expected, with most firework displays canceled. hafalgar square in london been closed off to the public. and, parts of england entered the strictest stage of lockdown today in an effort to curb the spread of virus. >> if that is what the government want to do then we have got to follow it. be honest we have been lockdown for so long we are all used to it now. >> brown: in berlin, germany, police enforced a ban on celebrations and fireworks sales.fl angela merkel ted on the s ndemic in what was most likely her last new yeae speech. >> ( translated ): what a year is behind us. risky, and unusualctiveehavior behavior normal. the year of the pandemic, 2020, was a year of learning. >> brown: in france, somece 100,000 pofficers patrolled streets to enforce anp 8:. curfew and prevent people from gathering. any covid cases caon as few if usual crowds gathered in auckland, new aland, to watch e annual new year's eve firew

a bipartisan group of u.s. lawmakers is said to unveil a $908 billion stimulus plan later today in washington. hans is the founder and ceo of -- this narrative is very bullish. we talked about the valley looking across the valley of risk in the first quarter. as it gets to the hinterlands of the upside. do you do that in equities? do you want to be longer to the west relative to the rest of the world, or de-want to look beyond the u.s. with the outlook for 2021? hans: i would like to look beyond the u.s.. you can have the continuation of the market in the u.s. the fed will not allow any huge pullbacks to occur. buying the dip is still the name of the game. the more attractive option is the u.s., especially in asia. due to the weaker dollar you see a lot of capital inflows coming into asia. especially china. great scenario for asia and emerging markets under the circumstances. weaker dollar. a manus: so that dollar, the implosion of that dollar you think extends. reinvigoratehat emerging markets? thing you have

we know the u.s. is still waiting on a stimulus package, a 2nd stimulus package that could be decided this week. if congress acts. what happens though, if there is a 2nd stimulus, are we talking about work recession, world's biggest economy? it could happen this week with, as probably the more people saying that it could not happen until, you know, we've got a new president in the united states because there's this deadlock over how large this stimulus package should be. you have the hero act, which was $2.00, trillion dollars 6 months ago. the democrats want something similar. the republicans say, oh, why are we talking about trillions had we really need that? and the thing is, this progress towards a vaccine is actually only in trenching. there is a position particularly on behalf of the republicans because they're hoping that a vaccine will mean a resurgence in the economy. that means that, you know, multi-trillion dollar rescue package simply isn't necessary. now joe biden is saying, no, we're in

also the u.s. says hackers infiltrated computers at the treasury department and possibly other government agencies. also john the carrying the spy turned novelist whose narratives defined the cold war as fear knowledge thriller has died at the age of 89. welcome to the program a massive distribution effort is underway in the u.s. to dispatch the 1st batch of a coronavirus vaccine truck some planes carrying 3000000 doses of these fires a biotech vaccine are heading for all 50 states as the nationwide death toll approaches 300000 workers cheered as the 1st shipment left the production plant now they're loaded with dry eyes and g.p.s. enabled sensors to ensure the doses remain at minus 70 degrees celsius a very different picture in brazil where the president's vaccination plan is receiving widespread criticism no start dates been provided and no details on vaccine supply despite being in the midst of the world's 2nd deadliest outbreak over in europe italy's now surpassed britain for the worst death to

it was the u.s. involved. is the u.s. now a target for retaliation? but they seemed to proportionally act, it was very difficult for you don't to kill a u.s. general so they will try made me once and there's a way. but the timing once again is not the best. but to our viewers on p.b.s. in the united states, and to all of our viewers around the world, welcome, we begin the day counting down the day is how long will it be until the 1st corona virus vaccine is approved for use on the public? well, the answer will most likely come from the u.s. . that is where developers of the 2 most promising back scenes are seeking emergency use authorization. pfizer, and by on tech begin their requests. last week today, moderna joined them. if approval goes as expected, doctors in the u.s. could begin administering the 1st injections between december 11th and 21st, we are told, but both maxie will require a high tech, low temp infrastructure for manufacturing all the way to delivery to the local doctor's office. so imagine keeping it x. colder than antarctic temperatu

the u.s. policy of imposing maximum pressure on iran is still in force international economic sanctions have crippled the economy and tehran no longer feels bound by the controls on its nuclear program outlined in the vienna agreement iran could soon produce enough enriched uranium to build a nuclear weapon. the country's relations with the u.s. are at their worst since the islamic republic was founded in 1979. but iran's leaders seem determined to stand up. to the united states as a matter of national pride. in the feeling of the but. the but. the but. the but. the face barriers in everyday life but the ones in people's minds are largely their biggest teeny kept people with disabilities unfortunately it's one novelty in the modern profession. and not because they are less skilled. how do you cultivate success stories made in germany. and certainly it's on. the beethoven is for me. it's for. beethoven. beethoven is for. the beethoven is for the frame on the beethoven 2020 the 50th anniversary

u.s. government can cannot supply more vaccines until the summer. we have no break throughs on either side of the atlantaic on two big stories. fiscal stimulus in the united states and brexit in europe. we will be catching up in a moment. we are seeing some softness on equities. john saying this morning this recovery is normal, but there are going to be bumps in the road, and possibly we are seeing that when you look at the covid cases, especially in the united states. you have covid at a record in terms of infections and surging hospitalizations. on top of that, pfizer telling the u.s. government that they cannot supply more vaccine until next summer. in germany, you can see it here. they are weighing more options for potentially stricter lock downs. we do have some soft nelson equities. al &p futures down two percent. 10 year yield we see holding on to the gains we saw yesterday. i want to take you over to iron ore this morning. $145 a ton. closing in on $150. if you look at the chart on

u.s. president elect joe biden has criticized the trumpet ministration for falling behind in its rollout of covert 19 vaccines he's warned that if the rollout continues at its current pace it could take years before the population is fully vaccinated now is there a shahab returns he reports from washington the president elect's delivered a grim message from his base in wilmington delaware as i long feared war the effort to distributed the minister the vaccine is not progressing as it should a few weeks ago trump administration suggests that 20000000 americans could be vaccinated by did december. with only a few days left in december we've only vaccinate a few 1000000 so far in the face of vaccine the vaccination program is moving down as it if you continue to move is now it's going to take years not words to vaccinate the american people but joe biden repeated that he had a comprehensive plan he would invoke the defense production acts to mandate that the production of vaccines and persona

the u.s. affirmed that understanding when we passed the united states hong kong policy act of 1992 with bipartisan support. that act recognized that china would exercise sovereignty over hong kong, but under a one country, two systems framework, hong kong would retain it's systems for at least 50 years. in fact, we said in that legislation that we must safeguard human rights in and of themselves. i would be remiss if i didn't know, by the way, that our current majority leader was the sponsor of that legislation and our colleague, the incoming chairman, perhaps, of this judiciary committee cosponsored it, chairman grassley. over the last six years in particular, china has reneged on that deal that they struck in order to gave sovereignty over hong kong. when you make a deal, you sign the agreement, you stick to it. china hasn't only gone back on the deal, they've used violence, suppression and intimidation to chip away at the rights and freedoms of the people of hong kong. in 2014 the standing

the u.s. has their back. what would you like to see the u.s. taking to be more proactive about backing up partners like australia when they get into these kinds of situations where they are suffering really direct economic force in beijing? me too i think this was back to the first economic engagement. we sort of dealt with this part of the world as an afterthought almost. and when president trump begot the ppp that negatively affected economic engagement in the region. lingua should certainly looking at increasing her engagement to the indo pacific region. especially working to it in advance a multilateral agreement. but having a stronger bilateral agreement with specific partners like austria for example. in order to support and show them we do have their back. for the last four years you had a president who is not wanted to engage internationally. whether it's national security wiser economically. i think you see the biden administration, especially when you look nominees he is already announced, they are going to be much more engaged. we co

u.s. public health history. plus. >>> i don't want to say it's been harder for us than it has for everybody else but the truth is it has. >> the devastating toll being felt by front line workers in the united states, desperately trying to save lives during this pandemic. >>> and the billbob backlash, donald trump is fuming the attorney general undercut his claims for voter fraud. >> good to have you with us. the u.s. has recorded its worst day ever for covid-19 deaths, a staggering 3,100 fatalities were reported on wednesday. that is 20% higher than the previous record set on april 15th. and with a potential vaccine still months away for most americans, many thousands more could die by next march. the head of the u.s. centers for disease control and prevention did not attempt to sugar coat the grim forecast. >> we're in that range potentially no, starting to see 1,500 to 2,000 to 2,500 deaths a day from this virus. so yeah, the mortality concerns are real. and i do think unfortunately befo

again next hacking alarm the u.s. media crying foul over the weekend's major breach of government computers that pinning the blame on russian hackers despite the f.b.i. still tracking those responsible and 0 official findings yet it comes as the white house reportedly convenes urgent talks with national security agencies to discuss the case the cyber attack reported sunday targeted at u.s. government institutions including the whole and security treasury and commerce department has been labeled with the most all day shares hacks in the country's recent history the attackers apparently used to texas based software company for the breach but next our senior correspondent we're going to have explaining the major appear rather hasty as usual in the usual russia did it narrative. the story goes an icy company called sooner wins was allegedly infiltrated lonely goo by hackers these company has thousands of government and business clients all over the world now you know how many apps get regular updates rothwell one of those

pop u.s. officials are reassuring us that there's enough vaccine to go around and every american can get a jab hundreds of millions of doses will be available every month and we expect to have enough vaccines for every american but by the end of march early april enough across all of our vaccine portfolio to have for every american who would like to be vaccinated 100 percent of americans that want to baxi will have vaccine by that point time although not everyone is going to take it. really. kind of the kind of i mean it's nice to have a choice isn't it well as trump rolls out his vaccines for americans 1st policies there are mounting fears that washington will not be able to deliver on its promises a white house summit expected to celebrate the victory of the jab had 2 key guests missing pfizer and madonna pfizer is reported to have told the trumpet administration that it cannot provide additional doses of the coded 19 vaccine until mid 2021 they say other countries beat the united states and

pop u.s. officials are reassuring us that there's enough vaccine to go around and every american can get a jab hundreds of millions of doses will be available every month and we expect to have enough vaccines for every american but by the end of march early april enough across all of our vaccine portfolio to have for every american who would like to be vaccinated 100 percent of americans that want a baxi will had vaccine by that point time although not everyone is going to take it. really. kind of the kind of i mean it's nice to have a choice isn't it well as trump rolls out his vaccines for americans 1st policies there are mounting fears that washington will not be able to deliver on its promises a white house summit expected to celebrate the victory of the jab had 2 key guests missing pfizer and madonna pfizer is reported to have told the trumpet administration that it cannot provide additional doses of the coded 19 vaccine until mid 2021 they say other countries beat the united states and b

the u.s. house of representatives has approved the annual defense bill which includes some new hardline initiatives the senate's going to vote on the legislation in the coming days here's a summary of what's contained this year's bipartisan n.d.a. a conference agreement focuses on the following priorities implementing the national defense strategy to confront current and future security challenges from china russia trans national terrorism and beyond regaining a wide margin of military superiority specifically the defense act will expand sanctions on russia's not strain to gas pipeline project as well as to impose mandatory sanctions on turkey for its purchase of the russian as $400.00 missile system the bill also allocates $250000000.00 to the ukraine security assistance initiative. and more than 2 thirds of the house voted in support of that legislation that is enough to overturn any veto promised by donald trump the outgoing president expressed concern the bill seeks to slow down u.s. troop