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It's all politics, it does risk making the Republicans look bad if the Democrats and the White House agree a deal and the Republicans hold it up when it's desperately needed. The presidents endorsement might even be enough for the required number of Republican senators to lend their vote. We'll have to wait and see.
Unfortunately the power doesn't lay with Nancy, but this guy it seems and he apparently is against deal before the election.
https://www.nytimes.com/live/2020/10/20/business/us-economy-coronavirus
Let's hope it does go through however
Don't count on him being interesting if the sp goes up. He'll go back to talking about the debt pile and trying to get people to watch that weird video of his. When people say Yawn on here I think IDW is one big snooze fest. Lol
Agree Moola. Absolutely spot on. Last few hurdles and hopefully things will start to look up!
Icing on the cake would be some positive news for cine and we never have to hear from shorterguy and his poodle insi ever again.
In-depth can stay as he sometimes makes some interesting comments albeit a lot of copying and pasting! Loool
That would be nice wouldn't it. It's still not a done deal but hopfully some news in the morning. It's just one of many things that is likely to have a snowball effect to improving sentiment. Stimulus being agreed, Vaccine gets approved, debt waivers announced, NYC reopens Cinemas, WW1984 holds its date, Cineworld reopens, government support announced etc etc
Imo there will be a sort of domino effect as the situation improves and reopening occures removing the majority of the uncertainty around the company's future. When the uncertainty is reduced the wider market will see how cheap Cineworld is.
This is good news. A new stimulus bill will give the world markets a well needed boost. 8 Days of consistent 10% gains on this news will get cine over the 65p mark! Lol
"Nancy Pelosi, the Democratic speaker of the House of Representatives, said she was “optimistic” about a fiscal stimulus deal after the Trump administration made concessions on coronavirus testing and tracing ahead of an imminent deadline to reach a compromise.
Ms Pelosi had said she would wait until Tuesday evening for “clarity” from the White House on whether an agreement was possible before the election on November 3 to plough as much as $2tn in new government spending into the US economy. Ms Pelosi was expected to speak with Steven Mnuchin, the US Treasury secretary, on Tuesday afternoon for a last-ditch round of talks.
She pointed to some encouraging signs. “I’m optimistic because I do think we have a shared value — not many — but a shared value that finally they want to crush the virus,” Ms Pelosi said on Bloomberg TV, adding that this marked a “change” compared to the weekend"
https://www.google.co.uk/amp/s/amp.ft.com/content/cef212dc-d2db-4804-8973-e0c45c7759b8