Line between Civil Service and the military. If confirmed he will be the first black american to lead the pentagon. Getting there will require a special congressional waiver since he hasnt been out of active service for the requisite seven years. Some are hesitant to sign off. Biden wrote an article in the atlantic explaining his choice and urging a swift confirmation. Austin led the u. S. Central command under president barack obama when biden said he pved he could react well under pressure. Biden wrote his many strengths and knowledge in 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 congressional waiver has been granted only twice in the past, most recently when Congress Approved president Donald Trumps nomination of jim mattis in 2017. Biden says he aims to vaccinate 100 million americans for covid19 during the first 100 days in his administration. My first 100 days wont e
But Boris Johnson warned it will take several months for highrisk people to complete their shots. The Prime Minister urged the public to keep taking preventative steps. Health secretary matt hancock revealed britain will get the first shipment of 800,000 doses. And people will start receiving shots early next week. Mass vaccinations will take place next year with priority placed on residents of homes for the elderly, nursing care workers and people aged 80 or over. As the vaccine has been developed with new technology, british authorities will continue to check its safety and efficacy. Challenges lie ahead as the vaccine needs to be stored and shipped at temperatures of minus 60 to 80 degrees celsius. Quality checks of the vaccine will take place upon its arrival in britain, and it will be sent to National Health Service Hospitals and other medical institutions. The government plans to create hubs to allow mass inoculations. Turning now to russia, president Vladimir Putin has ordered t
Headlines hit on the coronavirus. New york city is halting all inperson learning starting tomorrow it comes as the number of coronavirus cases and hospitalizations are skyrocketing nationwide. And a new all time high for s p. We have a Record Number of cases of covid in america and retailers are hitting an all time high. How can this be . The haves and havenots kudos to karen and tim target numbers were extraordinary. It should come as no surprise. Thats a name we have talked about. If you love walmart at their valuation, you have to love target at theirs walmart quarter i thought was very good. There are a lot of good individual stories, but i dont think it speaks to the economy per se there are names we also mention that seem to be topping out. The price action in restoration hardware, William Sonoma and we dont need to go down the road of what they sell. Those stocks popped out a couple of weeks ago thats concerning. Do you want to play at the 100 earnings table, gap earnings on the
There is quite a lot going on in the markets mainly because of the threshold that markets crossed yesterday. Lets have a look at what that means for european stocks and even the global stocks rally pausing. We did have the best monthly gain in three decades. Investors awaiting a lot of Economic Indicators that could support the. Rally in risk assets. We have Consumer Confidence and of course personal income. We did have a gauge of asia pacific shares gaining. Above 45 alding barrel, and i also wanted to show you bitcoin and a second, because they were also, you know, within a sliver of a record high for bitcoin. At 19,130. It now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. France will gradually start using its lockdown from sunday. Museums will follow suit from december 15, but restaurants will remain closed. President Emmanuel Macron says vaccinations could start at the end of december or in early january. M
Down almost 3 at one point. Jack ma said to surge up the wealth table after a mega dual ipo. Expecting to raise almost 35 billion in hong kong and shanghai viewed Sheldon Adelson rolls the dice in las vegas. He is said to be extorting the sale of his flagship casino which cost more than 6 billion. Shery lets get started with a quick check of the markets right now. We are seeing u. S. Futures opening pretty flat after we saw u. S. Stocks falling the most in the month and the regular session. The s p 500 down 1. 9 . It was the biggest drop since early september. We have the ongoing fiscal stimulus impasse, now on its third month. We also have surging coronavirus cases. Boeing falling on chinas plans to sanction the company over sales to taiwan. We have the u. S. Approving another potential 2. 4 billion of antiship missile fuel to taiwan. The vix closing above 30 for the first time in almost two months. We saw strength in the u. S. Dollar. Take a look at oil prices. Wti rebounding a littl