Is detected in the United States just as there are new predictions of a much higher potential death toll. Donald trump left the white house, but many republicans are refusing to leave him. We have the latest as some Party Members swear their loyalty to the former president. And the sub reddit page that has wall street in a spin. The latest on gamestops Crazy Ride On wall street. Live from cnn World Headquarters in atlanta, welcome to all of you watching here in the United States, canada and around the world. Im Kim Brunhuber. This is cnn newsroom. A new forecast warns that more contagious strains of the coronavirus could cause an additional 85,000 deaths in the u. S. By may. The first two cases of the variant first detected in south africa have now been confirmed in the u. S. Its already circulating in at least 30 other countries. Two americans who have it dont know each other and havent traveled abroad. Now this variant may make at least one potential new vaccine less effective. Drug
Washington ramps up pressure on beijing. Goldman sachs raises billions for a new fund to focus on private equity. The move comes amid rising interest in secondary investing. Haidi lets look at what the day has in store at the sydney open. We are expected a muted start to trading in asia after downward pressure coming from the u. S. Session overnight. Restrictions continue to take place to curb the the Coronavirus Spread we are starting to see accelerate again, even as we get further good news on the vaccine front. Trading marginal. The u. S. Dollar held to the lowest we have seen since april 2018. We are also seeing the aussie dollar on the back foot. Nikkei futures look like they will see a muted start to trading. Shery lets get started with good news on the vaccine front. Pfizer says final Data Analysis shows its covid shot is 95 effective. The ceo of its german partner told bloomberg about plans for mass production. Our goal is to supply up to 50 million doses by 2020 which andd go
Official confirmation, but the lack of denial is pretty telling, especially given the fact that this isnt just one report, it has been pretty widely sourced by a number of israeli political journalists. And indeed, the Prime Ministers own social media comment advisor put out a tweet saying that while netanyahu has a Coalition Partner was playing politics, the Prime Minister was making peace. Now the headline is joshua wall and 2 other hong kong prodemocracy activists have pleaded guilty to charges relating to last years protests. They will be held in custody until sentencing next week, and could face up to 5 years in jail. Nearly 40000. 00, ethiopian refugees of arrived in sudan, fleeing the fighting between Government Troops and forces in the region. Ethiopias Prime Minister has given those forces 72 hours to surrender. Reuters is reporting the take rate leader has rejected that ultimatum. And the pharmaceutical Companies Announced promising results from the trials of its Coronavirus
We said tuesday night we knew there would be an effort to count votes that will extend through the week, and now was not the time to get ahead of ourselves. This is how the electoral process is supposed to work. These votes are being counted that were cast in places like arizona. Stage votes were people dropped off ballots on election day. They were set aside, there love the last ones to count, they have a different look to them than the ones cast in advance of the election. We see joe bidens lead diminishing in arizona. In pennsylvania, they set aside all of the early votes and counted the election day votes first, which looked good for donald trump. Now they are counting those ballots that came in later through the electoral vote process, through the early vote process, and it looks much better for joe biden. Until the votes are done, this election is incredibly close, just like in 2016 we have to be patient to decide who the end is. I would say all indication in each of these open s
Christine lagarde, president of the ecb, moderated by Francine Lacqua. Francine what a great pleasure to be here with Christine Lagarde, president of the European Central bank, and welcome to the forum here at bloomberg. Everyone is talking about the vaccine. How will that actually change your forecast and the economy if we do get a vaccine early next year . Ms. Lagarde it is lovely to see you and to participate. To your question, i am not sure it is going to be a major game changer for our forecast, simply because what we had anticipated in our baseline was that some stage in the first half of 2021, there would be a vaccine, and that it would be rolled out in the course of 2021. So it might be a little back celebrated a little bit accelerated given the news we are receiving from the various horizons, germany, the u. S. , but i dont think it is going to be a game changer, so to speak. I think that our forecast is being revisited all those times we speak, and we will be releasing on dec