And also Johnson Johnson, just releasing the results from its phase three trials. Saying in its announcement it is 66 Efficacy Rate overall. 85 against severe disease. Still notably lessective than the vaccines from pfizer and moderna. What does the biden team say about that . The White House Press secretary just said this morning that President Biden is encouraged by the data coming out from j j but also said that the politicians will leave it to the scientists who we should hear from any moment. While were standing by. Lets bring in Elizabeth Cohen following the latest developments. So on this announcement from Johnson Johnson, what are they saying . Basically the bottom line here, kate, is that this vaccine does work well against covid 19, this j j vaccine. Im going to jump in. Andy slavic, one of the members of the Covid Response team is beginning the briefing now. On both the successes and the hurdles we face. I hope on these calls, that the public will get a regular and consisten
We have learned from past crises, the risk is not doing too much, the risk is not doing enough. We heard from the president there just moments after the latest briefing from his new Covid Health Care team. The encouraging news from that briefing is there is a third vaccine now on the horizon. Dr. Anthony fauci says the data on this Johnson Johnson single dose vaccine is encouraging. Dr. Fauci says americans should not be skeptical of a reported 56 effective rate. Getting shots in arms is taking on even greater urgency now because of the growing number of variants or mutations. Dr. Fauci says it will require onthefly adjustments to keep up with the new mutations. The briefings are Night And Day from the previous administration. Science dominates. This was interesting, too. A clear effort by the Democratic White House to include republican governors as it prays states that are doing a better job of getting vaccines off the shelf and into their residents. I want to call out seven states t
Bloomberg surveillance. This is what the markets are looking at. The focus is firmly on the vaccine trial data out of moderna yesterday. The focus is of course on the fact that we could have a vaccine quicker than expected simply because it is the second trial data that is better than what analysts and watchers were thinking. This global stock rally powered by hopes that the vaccines will bolster Economic Growth was paused, partly because investors are weighing the spread of the virus. I think investors are also looking at valuations. And also, there is a bit of profit taking getting underway. Inla jumped more than 10 after hours trading after the announcement that it will join the s p 500 index on december 12. In other asset classes, treasuries drifting with the dollar. Lets get straight to the bloomberg first word news. Heres leighann gerrans. Good morning. The Trump Campaign is withdrawing a key part of its lawsuit against the Election Results in pennsylvania. It is abandoning deman
Disaster is the shia ruggedness of the mountainous country. Refugees return home to the border. As russian peacekeepers secure the only route linking the region to armenia and he takes the trip, tests and safety of broadcasting live direct from our studios in moscow. This is our chief international. Thomas is certainly glad to have you with us. Now, blood lust and competition killing may have provoked Australian Special forces to murder 39 afghan civilians. An inquiry has found and some killings appear to have been a part of an initiation ritual. For new troops. There is credible information. The junior soldiers were required by their patrol commanders to shoot a prisoner in order to achieve the soldiers 1st kill in a practice that was known as bloody. So essentially, the general idea behind this report is that some rogue soldiers, some rogue members of most elite astray, his unit s. A. s that they have been fusing excellence, military excellence with eagle, with pride, and well with i
In which you start to see efficacy anywhere from seven to ten days following the first and only shot. It is very, very good with regard to cold chain requirements, requiring only a refrigerator. It is inexpensive, and the company is capable of making doses in the numbers of billions. While the White House Task force is focused on the Vaccination Piece of this pandemic, President Biden is working today to help americans suffering financially. He is urging republicans to get on board with his 1. 9 trillion Relief Package. So the choice couldnt be clearer. We have learned from past crises the risk is not doing too much. The risk is not doing enough. The congress isnt just divided over the relief bill. The Republican Party is showing more signs of fracture as former preponderance of the evidence donald trump seems to be keeping a firm grip on a number of people in the party, and well dive into that in just a little bit. First, Johnson Johnsons new singleshot vaccine, its advantages and dis