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Added on the 05/11/2020 19:54:31 - Copyright : Wochit
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.
A missile test or nuclear test by North Korea is a "genuine possibility" during US President Joe Biden's upcoming trip to Asia, says US National Security Advisor Jake Sullivan. SOUNDBITE
White House Press Secretary Jen Psaki tells reporters that US President Bidens's speech on the Omicron variant on Tuesday will not be about "locking the country down." SOUNDBITE