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Added on the 05/11/2020 13:00:00 - Copyright : EFE Inglés
On Tuesday, global stocks jumped after Donald Trump authorized President-elect Joe Biden's presidential transition process to begin. On Monday, Trump took a significant step toward acknowledging the election result. However, Business Insider reports, he is still convinced he and his allies can continue to contest the outcome. Another key factor driving the boost is Biden's planned nomination for former Federal Reserve chair Janet Yellen as Treasury Secretary. AstraZeneca's vaccine is helping drive oil prices to their highest levels since March.
President-elect Joe Biden secured the 270 electoral votes needed to win the presidency more than a week ago. However, many of the president's allies and appointees have remained silent while Trump continues to falsely claim that he won the race. General Services Administration chief Emily Murphy is in charge of acknowledging the election winner and beginning the formal transfer of power. Murphy has not issued the 'letter of ascertainment' that triggers the release of funds and facilities allowing the transfer to begin. Now, Business Insider reports Murphy is privately exploring her job option, based on a message of Murphy discussing employment opportunities in 2021. The apparent job search contradicts President Donald Trump's messaging that he won the election.
Tokyo, Nov 9 (EE/EPA).- The main index of the Tokyo Stock Exchange, the Nikkei, reaped its best closure in 30 years, after Democrat Joe Biden declared his victory in the US presidential elections. (Camera: FRANCK ROBICHON)SHOT LIST: A STOCK MARKET INDICATOR BOARD IN TOKYO, JAPAN.
As of Thursday morning, most major US networks haven't called a winner of the presidential race in Arizona. But that's most networks--not all. Fox News and the Associated Press have each made a call, and that's become a problem. CNN reports the issue has become a bone of contention between the news organizations and President Donald Trump's campaign. Arizona's 11 Electoral College votes are pivotal to Trump's path to re-election. But Fox's decision desk called the race for Joe Biden. Trump allies spent Wednesday demanding that Fox retract its projection. Jared Kushner even called Fox owner Rupert Murdoch to complain--to no avail.
After much ado about mutable microphones and plexiglass shields, President Donald Trump will face opponent Joe Biden on Thursday. CNN reports Trump needs to not just perform well at the presidential debate, he'll need to pull a rabbit out of the hat to swing the race his way. The president trails Biden in both national polls and key swing states that will determine whether he has a path to victory in the Electoral College. Both candidates need to improve their standing with certain groups, though. Biden needs more Hispanic voters, and Trump is struggling to get White suburban women. Biden has been laying low recently, preparing for the event. Trump, meanwhile has been barnstorming across the country in full gripe-and-moan mode. The president spends his rallies insulting scientists and refusing any responsibility for the pandemic, which has created a huge drag on his poll numbers.
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