You with us equity markets are rallying shares in japan hit a 30 year high on the 1st day of trading off the Television Networks declared joe biden the winner of the u. S. President ial election there are hopes that a Biden Administration would expand fiscal stimulus in the u. S. Stepped up measures to reduce the spread of covert 19 i want to take a less aggressive approach in trade policy but how does his slogan buy american fit in here lets check out some of bidens ideas about how to stimulate the economy. Will it be like night and day. Joe biden has promised to create a more restrained balanced American Economy instead of the full throttle one of the past 4 years. In practice that means a return to regulations on industry greater powers for financial watchdogs and Consumer Protections and above all higher taxes on the wealthy and businesses im going to raise taxes im not going to raise taxes on anybody making less than 400. 00 grand but but you wont pay a penny more but those making
Tomorrows story line because after the fang stocks declined today, you Better Believe the obituary is being written again right now. With two as and two ns facebook, apple, net fix, nvidia or goggle, the company now known as alphabet. Any weakness in fang is worth taking seriously, of course, especially on a down day like this the dow declined 37 points the nasdaq lost 0. 44 . These periodic pull backs. So that way you can try to figure out whether its worth tearing your hair out some more. Maybe sell first, lets take it from the top down or whats known as the macro for those who want to sound really smart we have higher Interest Rates. Bonds sold off that gives you higher rates which i think is a consequence of the economy doing better, not to mention the tax bill that could really make thingsheat up when you consider the big hole this puts in the deficit, you know the government is going to have to borrow a lot of money, meaning there will be a hurj influx of supply in the bond marke
Football made in germany. Its all happening. The british. Tour linked to news from africa and the world. Your links to exceptional stories and discussions continue on with some student news after Clean Program tonight from sunny germany from the news of easy i want would say d w it comes much africa come join us on facebook d w africa. Very business its Christmas Day and retailers up checking the stockings to see if theyve been bad all good this season has been top of been the christmas lists well check in with the trends also coming up chinas new silk. Road cant nine hundred billion dollars revive the oldest trade route in the world and sand sells how the selfstyled home of father christmas finland is drawing tourists from all over asia. Im done the winter and this is your Business Update he made a list he checked it twice now father christmas can put his feet up meanwhile retailers will be taking stock of the run up to todays festivities here in germany small shop owners said sales w
To appeal to do session also in moscow a bus crashes into a subway underpass killing at least four people several others have been injured police are now questioning the driver and investigating what caused the crash plus. Pope francis delivers his traditional Christmas Day blessing and his message he calls for israelis and palestinians to come together and resume talks aimed at a two state solution the pontiff called that the path to peace in the holy land. Meanwhile in his christmas address germanys president urges germans to not lose hope in times of uncertainty as the country struggles to form a new government will bring you Frank Loesser shine Meyers Christmas message. Sarah harmon welcome to the show its good to happy with this. One critic alexina volley is urging the russians to boycott next years president ial vote this comes as the countrys Election Commission bargain a volley from running against Vladimir Putin and all his president ial bid was unanimously rejected by a vote
A lot of books toys and gadgets more people than ever also went online to buy items for their family and friends the German Retail Association says online sales increased here by ten percent this Holiday Season to twelve billion euros. And many of the big money spending products are from the world of tech from both the serious and the city. Look at the little drummer boy playing without a drum set hes playing on free drum using sensors to track a drum his movements high tech his fun throw in a roller coaster at copenhagens to fully you can ride a dragon through a fantasy world or enjoy the thrills of a hyper realistic london skyline adventure when in fact youre laying in an advanced swivel chair. Virtual reality made a big splash in twenty seventeen but not only for thrill seekers v. O. R. Is a learning tool to this shirt lets you look inside the body a lesson in biology ready to wear. Wearables were all over the place dressing humans in east and dogs with a collar that connects to g.