Page 5 - Sonali Basak News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Jon ferro has been calling it. Guy we are monitoring the stimulus story beat by beat. Nancy pelosi will be talking around 14 minutes. We are going to get a sense at that point whether or not we are making progress. That could certainly be market moving. We will bring you those headlines as soon as we get them. Lisa the white house has been pushing for a largescale deal again, off again, on again. Wants alosi says she more comprehensive fiscal bailout as a result of the pandemic. Emily wilkins joins us now with the latest. Emily if anyone is confused about where things are with the stimulus dea...

Quiet. Youve really got to believe, with the tone we got from the president last night, i thought more invigorated than the recent days, that this is really going to heat up into the kind of Campaign Money people have been expecting, as you say, with 20 days to go. Jonathan heating up on capitol hill as well. House Speaker Nancy Pelosi under a little bit of pressure. A 2 trillion game of chicken playing out in washington, d. C. Tom shes going after wolf like,r of cnn, which is, unamerican to do that. [laughter] seriously, talking to mr. Adams of kentucky, mr. Adams made clear that mr. Mcconnel...

5, 6, seven major stories, are driving us forward. Simply an open question with all that is going on, what has your eye this morning . Jonathan the italian bond market. I know that feels a bit off the beaten road, but right now rallying aggressively over the less capital weeks. Look at the spread of btps to german debt at the moment. It is about 20 basis point. That was about 280 earlier in the year. That is one to watch in the debt markets. Tom bond price up, yield down. What is the why . Is it a flight to quality . Jonathan reduced redenomination risk, i am not sure we are completely there y...

Thankorgie about you for joining us. Worryingld we start about the amount of debt we are generating and the impact it will have on the economy longerterm . First, thank you for having me. The worries about debt levels going up are not for now. For now, the biggest worry is we do not do enough to support the economy until we have a durable exit from the health crisis. With Interest Rates being record and government can borrow inject hopefully not only a recovery, but a more potent, higher productivity based growth so they can repay the debt they are acquiring now. Case for lowhe Income Countrie...

Have a durable exit from the health crisis. Including Amnesty International had written to the g20 finance ministers ahead of that meeting to warn that the world is facing a crisis unlike any in the last century, and that debt suspension is only a first step. The group said many of the poorest nations are spending more on debt payments than on lifesaving public services. There is growing pressure on british Prime Minister Boris Johnson to order a socalled lockdown. The Opposition Labor Party and government Scientists Say it is needed to get the coronavirus under control. Deaths have soared to ...