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
Had yesterday. Heres a live shot of alcatraz was San Francisco behind it to just a little bit that was behaves there do want point out a little bit up north you might get a stray shower potentially were talking north of Sonoma County. Getting up there. It may drift a little bit to the south you might see some scattered clouds throughout the day but basically want to go with mostly sunny for much of the geography. Chilly 30s up there in the north bay again this morning, although not quite as bad as yesterday 35 up there to napa 36 santa rosa, 37 in 40s fell out much of the rest of the geography of the 37 Half Moon Bay at 11 00am were at 6068 by 2 oclock coming up a little bit were time out what you can expect into early next week marty sounds good dave get to the news this morning. We have the latest for you on the coronavirus pandemic that continues to surge across the country over the past week, the virus has claimed the lives of more than 1000 people a day. The u. S. Has recorded its
Italy lays out fresh plans to halt the spread. Angela merkel urges people to follow the rules. Benefits from volatility, joining european peers posting lowerthanexpected bad loan provisions. A bullish tone with the numbers. Bottomshould look at the line. It stands at 2 versus a year ago. Look at nine months. It basically is ahead of the target we gave for the full year 2020. Headline. The red the savior, guess what it is . Ficc. Fixed income commodity and currency. 36 . Ng rises by it has beaten the estimates out there. Looks like ann marie, lets provision, very much less provisions. 1. 2 billion euros over what we had anticipated. What else have we got . You have the net numbers. That thirdquarter revenue surpassing the one billion euro estimate. Quite a beat. They are bouncing back more quickly than a lot of french peers on equity derivatives. The equity trading revenue rose more than 21 . That beach the highest estimate. Some good numbers coming through. The other big story, we have
Stuffing and Everything Else going. Good morning emily and jason. Emily good Morning Griff and jason. Happy thanksgiving for you both. Im so thankful to be here filling in for ainsley and happy to be here with you two. We have a great morning in store for you. Jason this is fun. I love turkey day. I dont know if you think i delayed my start to turkey day. I have already had a little stuffing and the cranberries. I dont wait until 5 00 in the afternoon. You dont get a belly like mine by waiting for, you know, the starting bell. You sneak into the kitchen and grab what you can, especially at 2 15 in the morning my wife was just going to bed. I was just getting up and, you know,. Griff fair point, jason, i bought four pies for my family and at least one of them is half gone. I think you win that conversation. Send us your by the way, send us your what you are doing. Jason has already got things started. Emily, you have got to tell us what you have already done its friends foxnews. Com. We
Tonight. Also breaking tonight, california has officially surpassed 1 million that is according to Johns Hopkins university. These new numbers coming just within the past hour. California is now the second state after texas to report at least 1 million covid cases and more than 18,000 people. Have died. And the Coronavirus Crisis is where we begin tonight on kron 4 news at 5. Im Vicki Liviakis and im grant lotus really a reality check on a night you have coronavirus cases surging across most of the country in some spots there really exploding and here in the bay area they are rising as well many counties, locally are now faced with the possibility of having to move back another tier into a more restrictive tier in the states reopening system in some Health Officials are choosing to pause their reopening plans with the hope of slowing the spread of covid and avoiding some of the economic consequences of being forced to go back and entire tier. Yeah today Alameda County announced that it