3rd December 2020
- Democrats Scale Back on Stimulus to Prod McConnell Into Talks
Pelosi, Schumer say $908 billion plan a basis for negotiations
Move is first public retreat from stance on larger relief plan
https://blinks.bloomberg.com/news/stories/QKQFUHDWX2QC
- Biden Offers Transatlantic Embrace to EU’s Already Open Arms (2)
President-elect to consult with allies on matters like trade
EU proposes strategy for re-uniting to counter China, Russia
https://blinks.bloomberg.com/news/stories/QKPP83DWLU6N
- Powell Says No Rush to Taper Bond Purchases, Mum on Doing More
An eventual taper in bonds will be slow and careful, he says
The FOMC meets this month to consider asset purchase guidance
https://blinks.bloomberg.com/news/stories/QKQ7EJDWLU6Z
- Globalization is Alive and Kicking in Trade’s Big 2020 Comeback
Nations rise from protectionist crouch to keep goods flowing
‘I can’t find the reshoring,’ HSBC’s trade-finance chief says
https://blinks.bloomberg.com/news/stories/QKPP29DWRGG0
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