The and pennsylvania. No sign of qe for the boe. Officials boost stimulus to prevent a doubledip recession. Good morning, everyone. Welcome to bloomberg surveillance, but welcome to our Election Special. Votes are being counted. I am Francine Lacqua in london. Tom keene is a new york. Tom, we look at the senate, the legal challenges. I know you and i have not slept much in the last 24 hours as we were roaring through the votes, trying to figure out exactly how throughident poring the votes, trying to figure out exactly how the president can mount a challenge. The other big news is the bank of england, because they did more than the markets were expecting, but remember this is in the middle of a brexit negotiation. Lockdown in london starts today actually, the u. K. As a whole starts today. If you look at futures in the u. S. , european stocks, they are tom, twocompared, yesterday. Liking what they see at the moment, but whatever the outcome of the u. S. Election was, it was pretty much
A rally after the fashion giant sports a boost and trades higher on a 50 jump in revenues Boris Johnson with brexit treaty as Parliament Backs the Parliament Bill as a warning it will support trade talks the eu has not taken that particular revolver off the table. I hope we can do so and reach a canadastyle Free Trade Agreement as well. Thank you for joining me today. Let me take you straight to the iea monthly report across the industry what we are hearing is that Global Oil Supply is risen by 1. 1 Million Barrels a day in the month of august as opec plus eased cuts but was down at 9. 3 Million Barrels from a year ago, so still a decline follows two months of gains in the recoveries stalled in august production in the United States fell by. 4 Million Barrels a day as hurricane laura forced precautionary shut ins the resurgence of covid 19 cases, local lockdown measures continue telly working and the Airline Industry has led to downward revisions of demand estimates for the third and F
Mikel arteta, as their next manager. It is so easy to leave me all alone with the memory. One of Andrew Lloyd Webbers most famous musicals transfers to the big screen today well ask why so many critics have their claws out for cats. Iamat i am at Somerset House. Indoors enjoy the sights of the gingerbread centre. Outdoor, rain, particularly in Eastern England. Yourforecast coming up. Its friday the 20th of december. Our top story the Prime Ministers brexit divorce deal will be put before Parliament Later. It comes in a year where theresa may, then mrjohnson, wrestled with mps over their plans. Today is expected to feel very different as the government now has a strong majority. Officially known as the eu Withdrawal Agreement, it is the legislation needed to make brexit happen. This week, it was announced that the government would add a clause to rule out any extension beyond december 2020, ending what Boris Johnson calls years of deadlock, dither and delay. Now, with a majority of 80,
Leader Chuck Schumer asked Mitch Mcconnell for there to be additional witnesses called in a senate trial. John bolton, mick mulvaney. Mitch mcconnell has just responded and said that is not going to happen. Democrats not going to like that response. Meanwhile, we are also getting new words from nancy pelosi about who will lead the prosecution process from the house of representatives in the senate trial. Once the houseboats to impeach president trump, there will be a handful of impeachment officials from the house who will make their case in the senate. That willlosi said not come until the next day or so. All indications are pointing toward House Committee chairman adam schiff and House Committee tworman jerry nadler, familiar faces with this process. Kevin thanks so much to kevin cirilli. Now we turn to edward evans in london. We heard Prime Minister johnson once a brexit no matter what year. Edward so much so he has changed the law so that the transition period of that will apply af
We pulled it off. We broke the deadlock, we ended the gridlock, we smashed the road block. The Prime Minister is now inside number 10 having pledged to earn the support of people who in his words may have lent him their vote. An awful night for labour losing 59 seats many of them in places the party has held for decades. Jeremy corbyn said the results were very disappointing. I want to also make it clear that i will not lead the party in any future general Election Campaign. I will discuss with our party, to ensure there is a process now of reflection. Borisjohnson pledges to work day and night to retain the support of labour voters who deserted Jeremy Corbyn as labour suffered its worst defeat since the dark days of michael foot. Jo liberal democrat leader jo swinson has quit after she loses her own seat to the snp and the party fails to improve its position at westminster. For millions of people in our country, these results will bring dread and dismay and people are looking for hope