we have talked about president erdogan.that certainly applies to the leadership in saudi arabia, the king and crown prince. we do not forget that, surprisingly, president trump, who ran an electoral campaign bashing islam and muslims, his first foreign trip was to saudi arabia to cement that relationship with the leadership there. certainly, there is dismay. during the meantime, there was the killing of khashoggi and the escalation of the war in yemen. . also prime minister netanyahu in lenged president obama congress, they put all the egg -one basket to get trump elected i think president of egypt, as well, got a pass, a warm reception from president trump. i do not think that warmth will be there. having said that, united states, as all of us are saying, end of the day, is driven by interests and sort of heavy concerns. in saudi arabia and in the gulf general, saudi arabia remains the swing producer of energy, even if hydrocarbons are not exactly as essential as they were to the u.s. 10 years ago, but for the foreseeable

but despite those problems and disagreements, erdogan still wanted to preserve the relationship with the king, with the saudis. so it is, i think, his motivation during khashoggi campaign was to try to sideline the crown prince. and he was talking to his close relationship with the king, and that hasn't really happened. so if you looked at turkey/saudi relationship, saudis are more uncomfortable there. but if you look at turkey's relationship with the uae and egypt, there's a fundamental existential problem there from point of view of erdogan. that's something that opposition parties have been pushing for, is really this goes toward erdogan because he has built his postcoalition in 2016 based on the motion of being against coups. is so he can't just come out and admit or have a working relationship with the sisi regime there because that's about domestic legitimacy and survival. and that's sort of the approach to the uae. erdogan has accused the uae as being behind or supporting the 2016 coup, so i think the differences there are a lot more difficult to reconcile. but i see, again, i

erdogan's change in policy does better. down to 7.66. almost one big figure on lira in a matter of days. coming up on our simulcast on radio and television, without question our conversation of the day on the pandemic, from the baylor college of medicine on low-cost and global vaccines. this is bloomberg. good morning. ♪

he was widely seen as being groomed as a potential successor for erdogan.hailand, they used water cannons to disperse antigovernment protesters in bangkok. demonstrators wanted to submit positions -- petitions. two people and one officer were injured. protesters demand into the march after the police action. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. anna. anna: laura wright in london. back to the markets for you. a quick look at where we are as we finally fully digest president-elect biden now and this is what got on the dollar, a continuation of the dollar weakness trend. the dollar against the chinese currency, 655 is where we trade. the s&p futures to the upside. 1.6% to the upside. nasdaq futures up by more than 2%. the pandemic shows no sign of slowing down as global covid-19 cases past this is bloomberg. 15 million. ♪ anna: welcome back to the european market open. under 40 minutes to go into the start of the equity trading session.

erdogan in the end gets that. how big of a hike do they need?eds to be big enough to shore up the currency. the median average is people expecting something like 475 basis once. is that an applicant investors interested? basis 1025 -- we are -- he moves it to 15 and say, well, we are normalizing the rate. i think they will go to 15. i think they will sell it -- try to sell this as a simplification of the regime. in the market wants that. the market does not like this interest-rate corridor all that has smoke and mirrors, hiding to the domestic audience what they're really doing about interest rates. they want a clean, plain vanilla hike, and i think that will go 50% today. 15 percent today. if they don't do that, a lot of money has been poured into turkey. [indiscernible] tom: i believe that was a noise. tim ash, i you still there? timothy: i think i am. tom: i don't know what that was. the miracles of remote. here we are. just to continue this discussion forward on turkey, and is also on the dollar position here on em. what does a biden adminis

erdogan now domestically. it is a foreign-exchange crisis and people in suits and ties are upset. what does it mean for turkey? are they upset? onur: it is a difficult one to is a powerfuln politician, but he did take a hit with a spike in foreign-exchange. people on the streets are not happy with it. more than half deposit -- bank deposits in foreign exchanges, foreign currencies. having said that, i think over -- last five to six years, now the son-in-law's recognition is a bit -- resignation is a bit exception. we have still not heard from him, but surely he is going to do something that will tell people he is still in charge and in control and is ready to shake up the economy and the management if need be. this looks like the right path to do it. tom: i guess the moment for turkey, it is idiosyncratic until it is not. how close are we to the unraveling where it affects the region, and for that matter international economics? francine: i think we are having some to have convinced that dealt these -- some te

he was widely seen as being groomed as a potential successor for erdogan. signal a dramatic shift in economic policy. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. annmarie: thank you so much for that. coming out, is it a new era in terms of e.u.-u.s. relations? we will be going to brussels to get all the details on what joe biden's election means for the transatlantic alliance. this is bloomberg. ♪ >> you delivered a clear message. unity,se hope and and yes,science, truth. you chose joe biden as the next president of united they of america. -- united states of america. annmarie: that was kamala harris speaking in wilmington, delaware. she makes history as the first woman, the first black person, and the first indian-american to serve in that role. it is an historic moment regardless of your politics. in 1789 when john adams was the first vice president in american history, we have never seen a woman ascend to the role. a massive shattering in

the president, recep tayyip erdogan, has visited the area.

erdogan. ,he speeches were hawkish probably the most hawkish speeches we have had from timedent erdogan in a long , saying we need inflation instability to sustain growth in the medium term. today the central banks delivered. , it signifies a complex monetary policy framework and i think this is probably the biggest gain from today's meeting. guy: clarity provided, returned to the mainstream. i spoke to president erdogan in 2018 and he was far from the current position. he was talking about the link between inflation and interest rates. one went up, the other went up. you think the president will stick with it. you think the leopard has changed its spots? luis: it is a $1 trillion question. i believe that as a strategist we knew that does not necessarily delete the challenges turkey has had into 2021. there are imbalances and imbalances will have to be matched. change ofve the rhetoric here, not only rhetoric , but policy action was probably the most aggressive in the most positive change we have had in a long time. i think that given the fact the participation of foreign capital in tur

remember president erdogan hasn't on conventional -- has an unconventional approach to his believe thatt rates cause high inflation and that is something the market has been nervous about. the turkish lira has responded to the more conventional approach to monetary policy. upgrades for iag. its stock has been outperforming. a series for the airline conglomerate, the stop up today. the numbers on one level were quite good, but it is the forward-looking indicators for this bank that bleeds the market today. that stop giving back 5.74%. suv.s out with an electric definitely bell making competition for the likes of tesla. the market keeping the eye on the fact the germans are finally starting to get into gear. maybe get into gear is the wrong choice of words for electric vehicles. bmw up 1.42% today. factor9 has been a big for many european companies and has cost the global economy $12 trillion according to one of the world's leading providers of insurance. according to the company's ceo, there is another rest we can -- there is another risk that can be just as disruptive as the coronavirus

but we heard from president erdogan yesterday saying they believe that these restrictions are enough this surge over the next few weeks but saying that requires the compliance of the population, that people need to be committed to these restrictions. otherwise, there are going to be stricter measures that they could enforce, robyn. >> thanks for that. live in istanbul. thank you. >>> canada's largest city, toronto, is now under a partial lockdown as it battles a surge of covid infections. over the next four weeks, businesses will only be allowed to provide pick up services. the city is seeing one of the worst outbreaks in the country. despite a record number of cases here in the u.s., many americans are still planning to travel this holiday week. on friday and on saturday, transportation officials counted more than 2 million travellers at u.s. airports, making it one of the businessest travel periods since the pandemic began. evan moro santoro shows us how new yorkers are preparing for the holiday season. >> reporter: i'm outside an urgent care facility standing in a five and a half

been sentenced to life in prison for their role in attempting to overthrow president recep tayyip erdogan'sernment. the failed coup took place in july 2016. the parliament building in the capital was bombed and an airport and a bridge in istanbul were occupied. but the coup was put down overnight. 250 people, including civilians, were killed. among the people sentenced to life in prison are military officers and civilians accused of playing a role. a u.s.-based muslim cleric was also tried in absentia. turkey accuses him of being the ringleader but he has denied any involvement. the united states has refused to hand him over to turkey. since the failed coup, the government has cracked down on people they suspect were involved, including detaining nearly 300,000 with alleged links. >>> argentinian soccer legend diego maradona was buried on thursday amid a global outpouring of grief. the sporting great died of a heart attack on wednesday at the age of 60. three days of national mourning were declared for the player who led argentina to the 1986 world cup title. only family members and close f

many government plans and erdogan's new 747 was there. seeing it for the first time was a highlight in many customize works he would not otherwise see. >> the airport lies in the north or berlin. built in the 1970's, opened in 1974, named after a german aviation pioneer. the plan is an archittural landmark and around it sides friendly colors and hexagon are a recurring motif. all of these were designed by these german architects. the main terminal was declared a heritage building in 2019 now there are plans to turn it into university campus. >> it is too bad because it is good to have an airport on each side of the city. ask my daughter is very sad. the airport was part of our childhood memories. we always divided our time between america and berlin germany. >> they have or to the airport for more than 25 years they have written a book about their experiences and for them, taylor is the greatest airport in the world. >> that was the great thing about this place. you came, checked in and were already seated on the plane. >> the airport is

murder and attempts to violate the constitution order to an assassination attempt targeting president erdoganmber one defendant was a u.s.-based turkish figure who the authorities blame for the failed coup. he and others will have a separate trial because they live abroad. the trial also brings charges against so-called civilian imams , accused of being the coordinators. according to the indictment, they had direct talks on the night of the failed to to receive orders and pass them along to the military members. >> ethnic crimes were detected by the court. we expect defendants to apologize to the turkish nation and the family members of the victims. we did not see any sign of regret. >> the failed coup killed 250 people and injured nearly 2200 others. top military brass including the chief of general staff were held hostage. the government has arrested nearly 8000 people. more than 130,000 people including villa terry personnel have either been sacked -- including military personnel have either been sacked or suspended from their jobs. defendants are not happy with the ruling but the families

this president erdogan was still in power, and greeted supporters outside his home the very next day.court that this trial was brought, the incident took place in a major air base in the capital ankara. the warship taken from this base on that evening carried some air strikes in key locations in ankara according to turkish parliament. today, those who were sentenced including four civilians who are accused of being the masterminds or ringleaders of the coup attempt that was basically managed and organised from that airspace. one person not on trial today was the man the turkish government alleges was the mastermind of the coup attempt — fetelluh gulen. here's irem koker again. he is a muslim preacher. he used to live in turkey up until early 20005, late 1990s, when there was a number of investigations for him regarding the allegations he was trying to overthrow the secular state and to establish an islamic government there. he has wide followers in the turkish prophecy. so he left turkey back then and he is still in a self—imposed exile in the united states, but the turkish government

gone into a nationwide partial lockdown this weekend as part of new measures announced by president erdoganned from going out from 5pm to 7am. just hours before scheduled peace talks in qatar between the us secretary of state and the taliban, a barrage of rockets has hit residential areas of the afghan capital, kabul, killing at least eight people and injuring more than 30. the islamic state group said it was behind the attack and had targeted government buildings and foreign embassies. it comes just days after the trump administration announced plans to withdraw 2,000 troops from afghanistan. secunder kermani reports. it should have been an ordinary day at school. instead, panic and fear as these children run for safety. cctv cameras captured the moment the rockets landed outside this popular bakery. translation: i was having breakfast when the rockets landed. 0ne hit a van belonging to a bakery. at least three people were wounded. they have been taken to hospital. a local resident filmed the rockets being fired from the street. this was the pick—up truck the attackers used. how they manag

president erdogan tweeted a deo of the girl waving from a hospital bed with the caption, get well soonmy dear. d this is one of the firemen who rescuhe little girl. l she wng on her back. we thought she was dead. i asked my team for a bag or a blanket and aer we cut away some iron, ihi wiped dust from the rubble off her face. as i held my thumb out, she suddenly gbbed my thumb. when she grabbed my thumb in that moment, my friends, my whole team, we just froze. we started crying with joy. were crying, we stayed close to the child, we didn't know what to d we forgot everything we were meant to do and say. anchor: the hollywood act johnny depp has lost his liable case with the u.k. sun wife beater during his marriage to amber herd. -- heard. during thease of the high court in london, ms. heard had said the star hit her on 14 separate occasions before theyd rced. there are now questions about mr. "the departed's" future actingareer. he's -- mr. depp's future acting career. reporter: they're a talkiut his -- him being in tatters basically and the fact that, well, will he continue to work in

gone into a nationwide partial lockdown this weekend, as part of new measures announced by president erdoganfrom going out from five in the evening to seven in the morning. the portuguese government has announced new restrictions to slow the spread of coronavirus, shortly after parliament approved a two—week extension of the country's state of emergency. prime minister antonio costa has outlined new tiered restrictions, including extending the current nightly curfew to weekend afternoons and a travel ban during national holidays in areas deemed at extremely high risk. and you can keep up—to—date with the global impact of the pandemic on our website. that's all at bbc.com/news. or you can download the bbc news app. world leaders attending the virtual g20 summit have urged the heads of rich nations to make sure coronavirus vaccines are affordable and available for all. the meeting is being hosted by saudi arabia but is being held virtually because of the pandemic. 0ur chief international correspondent lyse doucet has more from riyadh. a thoroughly modern moment. many families have to meet like

the turkish president, recip tayyip erdogan, has visited the site of collapsed buildings in the aegeane killed and 885 injured in a strong earthquake on friday that caused panic in the city. the bbc‘s esra yalchinap reports from izmir. speaking turkish this is the moment when this 16—year—old girl's worst nightmare came to an end, she had spent over 17 hours under rubble. her recovery has relit the candle of hope for those waiting for the news of their loved ones. hope and despair, both still are alive in izmir as rescue efforts continue. translation: we were at the dentist with my husband. the tremor came as my husband's tooth was done. i am eight months pregnant. my husband pushed me under the table to protect me. he was still sitting on the examination chair at the time and the tremor intensified. turkey remains amongst the most ea rthquake—prone countries in the world. in january this year, more than 30 lives were lost when an earthquake struck the eastern province. this time, as the tragedy affects its third largest city, once again families mourn the death of their loved ones. tr

turkish presidentecep tayyip erdogan said late yesterday that 100 people have been rescued. city officials said as many as 180 people could slle trapp.ay in belarus todnearly three months after contested elections, protests continued ia the country'pital. thousands gathered in minsk alexander lukashenko surrender the off pice of thesidency. police fired warning shots into the air above the crowd and detained demonstrators. last week, following calls for sustained general strikes, lukashenko said the protests were the acts of "organized criminal groups with signs of terrorism." on friday criticized generals for being too lenient, and threatened to crackdown on the protesters. see all of our "roadto election 2020" coverage at pbs.org/newshour. >> sreenivasan: tuesday night, and possibly into wednesday morning, tens of millions of americans will be tuning in to watch the most expensive, extensive election in memory, but what specifically should you be watching for? we asked special correspondent jeff greenfield, who's covered a few decades worth of elections, to share his persp

resigning due to health problems but al by iraq who is also the son in law president richard tayyip erdogan made the announcement on his instagram account the resignation comes 2 days after the central bank governor was sacked turkey's currency the lira has lost 30 percent of its value against the u.s. dollar since the start of the year. the us has reported 4 straight days of new corona virus infection records on saturday more than 126000 cases and around 1000 deaths were reported at least 230000 people are known to have died with covert 19 in the us it's a little infection cancer is nearing 10000000 well those are the headlines stay with us inside story is up next. well it's. back to the white house joe biden has been declared president elect of the united states he says he's seeking to unify a divided country but can he and do some of donald trump's controversial policies at home and abroad this is inside story. hello and welcome to the program. after days of uncertainty and a hard fought bitter campaign joe biden has been declared the winner of the u.s. presidential election he says he w

the president, recep tayyip erdogan, has visited the area. now on bbc news, click.ween is here and this week, we have robotic tricks... ..sailing treats... ..eerie earbuds... ..and... screams. ..a presidential election! welcome to click. i hope you're 0k. listen, halloween might not be happening outdoors this year, but i tell you what — it's certainly happening indoors here, at least. let's cross to lara's haunted house and see what horrors await. wow, you've got lots of halloween there! uh, yeah. turns out i do. do you think i've overdone it slightly? oh, no, i love it! you've gone stylishly minimalist as always, i see. yeah, all i could find was this skeleton in my closet. i don't really have anything else to decorate the house with. do you know, i've never been trick—or—treating. have you not? well, look, many of us won't be trick—or—treating this year but there are some people who try to make it as safe as possible for the kids who do pass by. trick—or—treat! this is luke keys from austin, texas and he's out to save halloween. he's been finding ways to dispense

erdogan visited on the 37th anniversary of the self-proclaimed turkish republic of northern cyprus, which is only recognized by ankara, as one also mentioned maritime tensions with greece in the eastern mediterranean. it's a lot of hurt. the greek side does not want to share the wealth with the current owners of the island, the cypriot turks, and the police say it that is wider, trying to avoid, to sit down with them about the hydrocarbon sources as their current or countrymen, if they are. we nor do turkish republic of northern cyprus can tolerate diplomacy, games anymore. votes are being counted after moldova's presidential runoff. election is being seen as a choice between closer relations with russia or the european union incumbent dawna's promote his opponents. the former prime minister, maya sandu ever closer ties with the e.u. reports, the standoff between people exercising their right to vote. and those fearing the system is being cheated. this is vitally, a border town linking mulled over to the south declared unrecognized republic of trans and istria fiercely. pro russian enclav

gone into a nationwide partial lockdown this weekend, as part of new measures announced by president erdogan out from 5 in the evening to 7 in the morning. the portuguese government has announced new restrictions to slow the spread of coronavirus, shortly after parliament approved a 2—week extension of the country's state of emergency. prime minister antonio costa has outlined new tiered restrictions, including extending the current nightly curfew to weekend afternoons and a travel ban during national holidays in areas deemed at extremely high risk. just hours before scheduled peace talks in qatar between the us secretary of state and the taliban, a barrage of rockets has hit residential areas of the afghan capital, kabul, killing at least eight people and injuring more than 30. the islamic state group said it was behind the attack and had targeted government buildings and foreign embassies. it comes just days after the trump administration announced plans to withdraw two thousand troops from afghanistan. secunder kermani reports. it should have been an ordinary day at school. instead, panic

gone into a nationwide partial lockdown this weekend, as part of new measures announced by president erdoganom going out from five in the evening to seven in the morning. the portuguese government has announced new restrictions to slow the spread of coronavirus shortly after parliament approved a 2—week extension of the country's state of emergency. prime minister antonio costa has outlined new tiered restrictions, including extending the current nightly curfew to weekend afternoons and a travel ban during national holidays in areas deemed at extremely high risk. and you can keep up to date with the global impact of the pandemic on the bbc website — including analysis of the measures california is taking as america's daily death toll passes two thousand, for the first time since may. that's all at bbc.com/news — or download the bbc news app. just hours before scheduled peace talks in qatar between the us secretary of state and the taliban, a barrage of rockets has hit residential areas of the afghan capital, kabul, killing at least eight people and injuring more than 30. the islamic state gr

erdogan congratulating joe biden on his win there. i showed you the poll only 3% of americans believe that donald trump won this election. where do you think we are in this process? most people seem to know where it's headed except for donald trump and a handful of republicans in the senate. >> well, i think we're seeing yet another example of the kind of constitutional changes we would like to see in this country that probably won't happen under biden. one of the things we've seen from the republicans over the last couple years, end of obama and trump administration, oh, is maybe there should be a constitutional law about replacing supreme court justices, maybe there should be rules in place about appointments to administrations. a lot of things we thought were just norms that people would follow and be reasonable about, if you have somebody in the office who doesn't care, they don't happen. this transition is showing that as well. look, the initial reason for having a long transition from the end of an election to a new administrati

ceasefire or even peace agreement arrangement between observation and armenia would both bode well for erdogan won and is consistent with what some call his new optimism policy whereby turkey through soft power through influence on political and cultural institutions exert its influence in ways that are reminiscent of the role of the ottoman empire and days of yore so that. this might not be from the point of view of. earth on. a bad outcome to this conflict it certainly is for many armenians a perfect outcome given the loss of life but within the context of eyes of asia and president. obama this this might be a proper way to conclude this conflict given that they're going to series of decisive military victories but there's concern now with the shoot down of this helicopter of perhaps a possible shift in russian alignment and this suits their purposes well and so far as armenian forces are compelled now to withdraw from those 7 districts that they have been in charge of since the 1990 s. why should you think the people of amin yeah going to support their prime minister in this may. my impress

the turkish president, recep tayyip erdogan, has fired the central bank governor — as the currency continuess. the turkish lira fell below eight to the dollar last month for the first time. brazil's main environmental groups say carbon emissions rose by 10% last year, threatening to undermine the country's commitments under the paris climate accord. the climate 0bservatory said increased deforestation in the amazon was the main cause. it blamed the policies of president bolsonaro. brazil released nearly 2.1 billion tonnes of c02 into the atmosphere last year. the actor, johnny depp, says he has been asked to resign from the latest fantastic beasts film after losing a libel case over a newspaper article, which called him a wife beater. warner brothers thanked depp for his work so far, but said the role of the dark wizard, gellert grindelwald, would now be re—cast. you're watching bbc news. i'm geeta guru—murthy, thanks very much for being with us. high street chains, edinburgh woollen mill and ponden home, have been placed into administration — putting thousands ofjobs at risk. more than 860

erdogan's change in policy does better. down to 7.66.ost one big figure on lira in a matter of days. coming up on our simulcast on radio and television, without question our conversation of the day on the pandemic, from the baylor college of medicine on low-cost and global vaccines. this is bloomberg. good morning. ♪ francine: this is bloomberg surveillance. tom and francine from london and new york. let's talk about covid and some of the vaccinations or treatments. like stone chief executive says lessons learned from collaborations from regulators, pharmaceutical companies, and technologies are set to permanently accelerate drug discovery. >> how many times a day do people ask you when you're vaccine will be available? [laughter] regular question whether it is from employers, the media, or my mother. people have been delighted to see the recent news of some of the first results coming through on vaccines. yesterday i was on a call last night with 10 of the global were heavily who involved in bringing solutions to covid and we are excite

president erdogan today back to old form, talking about maybe the problem with higher weights, despiteent change of heart, but nevertheless i think a huge day for turkey, huge day for emerging markets, and we will have great analysis on this program tomorrow to do with that. way on thatther story, for the turkish central bank. this is bloomberg. ♪ >> time for the bloomberg's newsflash. the biggest stories in the news right now. going'sulators say that 737 max can safely return to the skies. the planes will resume flight after a 20 month grounding sparked by two crashes. the faa ordered boeing to make a package of fixes to its jetline. it is the biggest change to app store revenue structure since it opened in 2008. tole is cutting the charge most developers who sell software and services on the app store. the company has faced scrutiny from government regulators about the percentage it takes from purchases. that is your latest business flash. guy: thank you very much. suggest thiseem to simply is not enough from apple? alix: it's not enough. .t is really immaterial morgan stanley says,

with his obvious affection for erdogan and russia, it speaks for itself. at the time, others in new york looking into the presidents credentials -- into the president's credentials, after his fourth there were not a lot of lenders willing to lend to him. he might have we come depended andome russian oligarchs others. that is speculation. i think we should wait to see. but that would help explain the affection he has for things russian. >> i'm trying to find the question that i saw that i iicked away from, because don't know who asked it. who the cubsis, going to be this year -- beat this year? mr. will: we are all going to be chasing the dodgers. best playerthe in the league from rookie bets. rich get richer. the dodgers are a dynasty and a well-run dynasty. >> how did you like the 60-game season with nobody in the stands? at least in the world series? mr. will: i hated it. i will tell you why. games in 2019,50 31re were 19 wins and losses. they had 162 games in the season. this year, after 50 games, [indiscernible] is, after of baseball 162 games, you are

iskey's president erdogan signaling a cease-fire with international investors. supporting market friendly policies, a u-turn from lower interest rates promoting inflation. still, there are doubts about how long it will last. global news, 24 hours a day, on air and at bloomberg @quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i am laura wright. this is bloomberg. francine? francine: laura, thank you so much. now, it has been a huge week for news and markets. joe biden became president-elect on saturday, we had the vaccine trial, and now the global stock rally showing signs of stalling. that after a deteriorating situation and many economies around the world. lueck, chiefartin investment strategist at black mark. -- blackrock. martin, thank you for joining us. when you look at the rotation we see within asset classes, what trends will we see from here until year end? yeah, thanks, francine, thanks for having me. i think this is trying to price really we are looking at for the first time an ability to look through this pand

shift higher in the lira, people may be fading that move a little bit on some expectation that maybe erdogan will not stick with his recent decision to maybe go to more mainstream economics. alix: let's get to our top story, governments rushing to issue vaccine approval. the modernas that and pfizer/biontech vaccines could be approved by december. >> if all proceeds with no problems, the conditional marketing authorization for biontech and mentor in a could happen as early as the second half of december 2020. alix: joining us now is sam fazeli. i love how she kind of couched it and said if. what are the options in that if? of: obviously there's a lot information that needs to be digested by the regulatory authorities. let has already been digested. this is not a normal regulatory process. the two regulators have already been speaking, apparently constantly. they have also got this issue that a lot of the many factoring work and background work that takes ages to do and assess has already been done. what they need to do basically is to look at the data and get the rubber stamp on that. we wil

associate with putin, kim jong-un, who have extended their congratulations, like the saudi prince and erdogant of time, he expected his congratulations, and thanked trump. but let's look at the leaders who have not. putin, kim jong-un, both men, neither are going anywhere anytime soon, neither are huge fans of democracy. both are would be critics of a biden administration, and don't lose much by staying silent. i don't think anyone is surprised by bolsonaro, he was all-in with trump, and he modeled his campaign after trump. president xi is a little bit of a different story. he said he's acknowledged it, but he's going to wait. biden has talked tough on china, and it's not clear it will be a full reversal or reset of trump's policies towards china. that will be a tough navigation for biden. and two countries hoping there will be a real reset, iran, the president came out and wasted no time congratulating biden. and then ukraine, it's been the center of so many trump controversies in the last couple of years. and the resounding message this week, they do not want to be a pawn in partisan battle

turkish president erdogan who had bonded with him also reached out to biden. >> i imagine those are all to trump because he is losing support, not only from american voters but from some of the overseas leaders that he has counted on and done the most for over the past four years. >> reporter: other american allies like the german chancellor, the french president, and canada's justin trudeau, and muhammad bin sal em, according to readouts, many said they want to strengthen nato, fight the coronavirus pandemic. >> letting them know that america is back. we're going to be back in the game. it is not america alone. >> reporter: so far there's silence from the former kgb colonel, vladimir putin has not yet called or sent a note to president-elect biden. putin's mouthpiece saying because of president trump's legal challenges to the election results. >> we think it is appropriate to wait for the official results of the election. >> reporter: trump's prolonged contesting of election results has putin and his accolades ref elg in the turmoil. a remark by mike pompeo this afternoon only fuels th

erdogan's son-in-law quits as economy chief, and the central bank governor is replaced overnight. the lira jumps on speculation high rates could be on the way. good morning, everyone. welcome to "bloomberg surveillance." special election coverage 2020. i'm francine lacqua here in london. tom keene is in new york. there has been moving -- movement in lira. we look at the transition of joe biden, whether it will be smooth. what you are telling us about a washington post story saying there will be many challenges, and of course this will be a different kind of transition for joe biden and his team. we look at his policies and what he will put up as priorities in the next 100 days. tom: the transition challenges are simple. he needs a single letter out of gsa and that has not happened yet. we will do with greg valliere a on this in a moment. there are still four states with under a 1% count, and that is really what matters around all the hoopla. francine: it certainly does. let's get straight to the bloomberg first word news in new york city with ritika gupta. biden is launching his t

istanbul and going to walk -- retrace baldwin's steps and do that, but as a critic of trump and erdogan's turkey, folk were like, you shouldn't do this. this doesn't make any sense. and so my editor was like, why don't you talk to activists and i was like, we're always asking them. we're also extracting from them and i'm writing to. the i'm writing with them in mind and this is how the chapter emerged, and baldwin didn't leak the word compile. he described himself as a transatlantic commuter. and so i was like so if he's not an exile, what -- how might i describe what he is doing? trying to get the requisite distance from this place to say something pout it. and elsewhere came to mind. and to be honest, when you look at this extraordinary film from another place, there's a moment when he is standing than balcony and hears something and turned around and i described in the book and his brow is furled, and then his face explodes with this laughter, and i was like do we have all find places, have to find communities that allow to us laugh full belly laughs. we have to have partners and relat

turkish president, tayyip erdogan has reiterated his opposition to high interest rates a day ahead of the central bank meeting. analysts are expecting the new governor to increase rates from 10 and a quarter percent to as much as 15 percent or one fears higher rates could weigh on investment. i know we jeanette has asked an irish court to oversee a restructuring of its massive debt as it tries to stave off collapse during the pandemic last week. noise government rejected a request by the low cost carrier for more aid. yeah, line has warned it could run out of cash in the 1st quarter of next year. another coronavirus crisis shouted switzerland's ski resorts in the spring. the new season is already underway with the virus. still roaming and foreign visitors required to quarantine, but some resort owners are hoping tight covered precautions, and the swiss love of the mountains could save their business skiing. it's been going downhill for a while mostly for lack of snow. but this year, the coronavirus pandemic is an additional problem for the business of winter sports, especially in swit

erdogan. right now, kevin cirilli joins us from washington. we can talk about turkish relations.r. cirilli channeling roy orbison this morning. i want to talk about only the lonely at the white house, which looks like a fundraising concern. i want to cut to the chase. is all of this angst we are seeing about the president raising money? kevin: in terms of fundraising, it is really going to come down to whether president trump wants to try to make a calculation beyond the january 5 runoff in georgia. i was speaking to sources yesterday, and they are telling me the president and his inner circle is still trying to figure out what their long-term objectives are. is it to get into game for 2022? is it to get in conservative media circles? is it to run for reelection or play a kingmaker of sorts in 2024? in just a few weeks, on december 11, when the continuing resolution is set to expire in washington, that could be the last opportunity that this president has two really shake up something with congress, and mark meadows, his chief of staff, was on capitol hill yesterday. after that m

we haven't heard anything from turkish president erdogan. >> one of the big stories that didn't get aot of attention this week because we were so focused on the election was that london went back into a coronavirus lockdown, right? i remember seeing that on your twitter feed. what's the latest there? >> reporter: that's exactly right. we are now almost a week into a four-week-long lockdown. look, coronavirus is not going away. and cases here and hospitalizations are starting to skyrocket across europe. look, our colleague, matt bradley, in paris has been reporting that france is back in a national lookdown. it's even more restrictive. there you have to have a government permit to leave your house, explaining explicitly why you are out. here in london, it is much like we saw in march. are you allowed out for essential shopping, that kind of thing. slightly less restrictive, i can go outside as many times as i want for exercise and for walks, which is particularly nice on the rare sunny english november day. guys? >> covid back in this country is the first thing that joe biden says he's

as racism, islamophobia, and hate crimes: there were reports that turkish officials, the president erdogan, the foreign minister, that they were basically snubbing the secretary of state on this visit. they have not really addressed this publicly. we have not heard from the turkish government other than the statement from the foreign ministry last week, but u.s. officials, the state department officials are insisting that the reason he's not meeting with turkish officials is down to scheduling. it did not work out with his schedule. very tight window, he couldn't go to ankara, and the schedule of the president and the foreign minister, but we have to point out, rosemary, he did arrive in istanbul yesterday evening, early evening and it didn't seem like he had much on that schedule. >> an interesting stop along the way. joining us live from istanbul, thanks. >>> right now, an extremely dangerous storm is hitting central america. hurricane iota made landfall in nicaragua as a powerful category 4 storm just a few hours ago. it is now a category 2 but still brings strong wind, torrential rain,

president erdogan? vladimir putin?he said today, americ ameri first, -- >> he is not of sound mind. he got someone, you clinically look at and say there's something wrong there. >> needs to be medicated and hospitalized. >> you can truly say his words have absolutely emboldened white supremacist. he has given oxygen to racists. he is clearly trying to ignite a civil war in this country. >> is the president racist? >> look at his remarks. he has made racist remarks. >> we have a treasonous president. >> the very fact reasonable people can disagree on whether we are talking about trees and a high crimes and misdemeanors and what have you, i find genuinely shocking. >> this is someone in deep psychological distress. >> sean: pushing their conspiracy theories, false, on russia, a year on ukraine. i dream an awful lot about blowing up the white house, madonna said. and is the last time an actor assassinated a president? johnny depp said. the severed head. another great moment, the outrage and indignation. what about the lie

tom: no to the turkish lira goes the other way this day, finally some movement of of the big erdoganhift we saw last week. on the calendar forward of this thanksgiving week, we speak with kevin cirilli, our chief washington correspondent. we saw a 37 page ruling by a federal judge in pennsylvania. there is no question the great desire of this president of drama, "i am going to the supreme court." does donald going to the spring court? kevin: right now -- to the supreme court? kevin: right now there's litter more than words spoken. you've got rudy giuliani distancing himself and saying that sidney powell is not connected to the president's legal team. there doesn't seem, based upon conversations i've had, to be a coherent legal strategy in terms of getting the results overturned. meanwhile, republicans coming out one by one and urging the president to start transition briefings. senator pat toomey, lisa murkowski, and the list goes on. tom: i am going to be very direct here. in wisconsin, it seems like a ballot choice of looking at milwaukee, which is very democratic and very black, a

republican senators have accepted the results of the election, even though foreign leaders like modi and erdogan have. >> there's one thing i hear often in discussions with democrats, that the trump administration itself was kind of incompetent, couldn't actually achieve most of its goals, whether it was ending obamacare or even building the wall. they always shudder at the thought of what could happen under the rule of a competent authoritarian -- a smarter trump, i guess. you see things differently. i guess we're using the wrong criteria to assess his competency? >> yes. and you know, it makes perfect sense that americans would use a democratic frame of reference to think about trump. because we've never had foreign occupation, we've never had national dictatorship. all we know is democracy. this is the playbook. but i've said since before he was even inaugurated that he's following an authoritarian playbook. and his goals as president have not been the goals of regular democratic presidents, whatever party they are. he has been in office to make money for trump organization. so when he goes g

we haven't heard from turkish president erdogan or from saudi arabia, of course, saudi arabia the firstp president trump took four years ago. >> if you hear anything, get back on and tell us because you're making a good point there. we haven't heard from those three entities. >>> with the new president-elect getting ready to take office, some big questions still remain about what will happen during president trump's final 75 days as head of the united states. the "washington post" said, even though trump lost, he can still do damage to national security. elizabeth, let's look at what my colleague told brian williams last night. >> we got an enhanced vision in the coming 70-plus days, because the coercion of america, homeland security, defense and justice, we'll have to watch carefully what goes on there. >> what kind of concerns do you have? do you share barry mccaffrey's concerns, because the president clearly not happy about his loss and not gracefully conceding. do you think the president's bitterness right now could turn into a national security issue? >> well, certainly, and i thin

trump also made friends with adversaries, right, strong men, the putins, the kims of the world, erdogans. how are they reacting to this? i know they haven't made necessarily public comments, but what does it mean for them. >> >> reporter: you know, i think it means different things. the chinese have said before the results became clear that they would work with whomever was leader. and if you listen to what people on the streets of hong kong are saying, they are concerned that biden won't be as tough on china, i think that you will find in beijing, the assessment there is that they can negotiate the differences over trade with the united states better with president-elect biden than they can do with president trump. why we haven't heard from these leaders so far, let's not forget they are close allies of president trump even though they are enemies of the united states. and we're seeing this sort of trend that -- and we heard this from are the president of mexico, that he didn't want to even congratulate president-elect biden, that he was very cautious. he said let's wait until the court