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The Red Devils host the Reds at Old Trafford with both teams eager to secure a place in the fifth round
The Red Devils host the Reds at Old Trafford with both teams eager to secure a place in the fifth round
The Red Devils host the Reds at Old Trafford with both teams eager to secure a place in the fifth round
The Red Devils host the Reds at Old Trafford with both teams eager to secure a place in the fifth round
Everything you need to know ahead of the match
Everything you need to know ahead of the match
Will the new help-to-buy scheme get first-timers on the property ladder?The government’s revamped programme will be targeted at new buyers with a small deposit. It could be a lifeline
The Democrat has kicked off his presidency with a blitz of executive orders and measures – here are the key themesBiden’s inner circle: meet the new president’s team Biden in the State Dining Room on Friday. Biden lost no time in rejoining the Paris climate deal and also revoked the Keystone XL pipeline permit. Photograph: Ken Cedeno/EPA On Sunday afternoon, the US will reach the 100th hour of Joe Biden’s presidency. Already, there has been a blitz of executive actions and a bewildering pace of change. Four years after Donald Trump set about undoing Barack Obama’s legacy, Obama’s vice-president appears to be returning the gesture with interest. Here are the key developments: Unity Biden’s inaugural address was a soulful plea to come together after four years of division. “This is our historic moment of crisis and challenge and unity is the path forward,” he said, promising to be a president for all Americans. The pared-down ceremony at the US Capitol, stormed by a mob just two weeks earlier, was a bipartisan affair that included outgoing vice-president Mike Pence. Trump, who falsely claimed he won the election, was conspicuously absent. Climate Biden lost no time in rejoining the Paris climate agreement, earning Republican criticism. Senator Ted Cruz of Texas said the move indicated Biden was “more interested in the views of the citizens of Paris than in the jobs of the citizens of Pittsburgh”, contending it would destroy thousands of jobs. The president also revoked the Keystone XL oil pipeline permit and instructed the Environmental Protection Agency and transportation department to reestablish fuel efficiency mandates weakened by Trump. Coronavirus Biden pledged a “wartime undertaking” to combat a pandemic in which more than 400,000 have died. He released a 198-page Covid-19 strategy and signed 10 executive orders and other directives. These included a mandate requiring anyone visiting a federal building or land or traveling on a plane, train, ship or intercity bus to wear a mask. There are stricter protocols at the White House, to avoid any repeat of Trump’s “superspreader” events. Biden ordered agencies to speed up manufacturing and delivery of personal protective equipment, directed officials to provide guidance on the reopening of schools and reversed Trump’s decision to withdraw from the World Health Organization. Anthony Fauci, the nation’s top infectious diseases expert, returned to the White House briefing room after months of near banishment. “The idea that you can get up here and talk about what the evidence, what the science is and let the science speak, it is somewhat of a liberating feeling,” he said. Economy Before taking office, Biden sent Congress a proposed $1.9tn stimulus package. That remains the priority but he has ordered actions including a 15% boost to a programme for families whose children miss meals due to school closures. Nearly 30 million last week said they did not have enough food, according to the White House. Biden is seeking to extend moratoriums on evictions and foreclosures. He also wants a longer pause on student loan payments and interest. In a preview of demands from the left, congresswoman Alexandria Ocasio-Cortez tweeted: “OK, now let’s cancel them.” Immigration Biden sent Congress a bill overhauling the system and offering an eight-year pathway to citizenship for nearly 11m people without legal status. The president told the homeland security secretary to preserve and strengthen Deferred Action for Childhood Arrivals (Daca), which prevents the deportation of undocumented young people brought to America as children. He reversed an order excluding undocumented people from the census and ended an immigration ban on several Muslim-majority countries, an infamous Trump policy that press secretary Jen Psaki said was “rooted in religious animus and xenophobia”. Biden halted funding or construction of Trump’s wall at the US-Mexico border and cancelled the so-called “national emergency use” to divert billions of dollars to the wall. Trump proposed the wall when he launched his campaign in June 2015 and it remained his signature issue. Racial justice Kamala Harris was the first woman of colour to be sworn in as vice-president. “Don’t tell me things can’t change,” Biden said in his inaugural address. The breakout star of the ceremony was Amanda Gorman, a 22-year-old African American poet. Biden issued an executive order on advancing racial equity and support for underserved communities, described by Psaki as a “whole-of-government effort to advance racial equity and root out systemic racism from federal programmes and institutions”. Notably, it rescinded a Trump order that blocked federal agencies from offering diversity and inclusion training involving critical race theory. Team Biden The Senate confirmed Avril Haines as director of national intelligence, the first woman to lead the US intelligence community, and retired general Lloyd Austin as defense secretary, the first African American to run the Pentagon. Biden has leaned heavily on Obama alumni and his cabinet will not include progressive lions such as senators Bernie Sanders or Elizabeth Warren – in part because their replacements in a 50-50 Senate would be nominated by Republican governors. But the Democrats have shifted left on economics, immigration and other issues. Biden’s pick for the Consumer Financial Protection Bureau, for example, is Rohit Chopra, a Warren ally. Brian Deese, director of the national economic council, told reporters: “When you’re at a moment that is as precarious as the one we find ourselves in, the risk of doing too little, the risk of undershooting far outweighs the risk of doing too much.” Truth and transparency In four years, Trump made 30,573 false or misleading claims, according to the Washington Post. On Wednesday Biden promised to “always level with you”. Psaki underlined his commitment is to “bring transparency and truth back to government,” during a restored daily press briefing light years removed from the lies and insults of Trump. The west wing Like his predecessors, Biden gave the Oval Office a makeover. In: a deep blue rug last used by Bill Clinton, a portrait of Benjamin Franklin and busts including civil rights activists César Chávez and Rosa Parks and former attorney general Robert Kennedy. Out: a red button that Trump reportedly used to summon a butler when he wanted a Diet Coke; a portrait of President Andrew Jackson; and a bust of Winston Churchill, triggering a media kerfuffle. Asked about its removal, Psaki replied sarcastically: “Oh, such an important question.”
Everything you need to know ahead of the match
Barron’s screened the Stoxx 600 for stocks trading below their levels at the end of 2019 but whose 2021 earnings estimates were above pre-Covid levels.
Aston Martin Formula 1 driver Lance Stroll still sees plenty of missed opportunities from his best year so far in F1 in 2020.
Everything you need to know ahead of the match
Singer-songwriter was arrested in Miami Beach under suspicion of driving while intoxicated
The Nets' super team hardly held off the Heat without Jimmy Butler and Tyler Herro. But a win's a win for a team thrust into title expectations. (Vincent Carchietta-USA TODAY Sports)
Efforts to free the miners, who were stuck underground for 14 days, took a dramatic turn on Sunday.
After a five-year hiatus marked by grievances over their rival claims to Mediterranean waters, Turkey resumes talks with Greece on Monday in the first test of its hopes to reverse deteriorating relations with the European Union. While diplomats say that rebuilding trust will be a hard slog, the talks follow Turkey's decision to stop its search for gas in disputed waters which angered Greece and Cyprus and a cooling of rhetoric around Ankara's wider disputes with the EU. They could also pave the way for an imminent visit to Turkey by EU leaders.
Portugal held a presidential election Sunday, with the moderate incumbent candidate strongly favored to earn a second five-year term as a devastating COVID-19 surge grips the European Union nation. The head of state in Portugal has no legislative powers, which lie with parliament and the government, but is an influential voice in the running of the country. Marcelo Rebelo de Sousa, 72, is regarded as the clear front-runner among seven candidates.
India said it will administer homegrown coronavirus vaccine COVAXIN in seven more states from Monday as it seeks to inoculate 30 million healthcare workers across the country. The government this month gave emergency-use approval to the vaccine, developed by Bharat Biotech International Ltd and state-run Indian Council of Medical Research, and another licensed from Oxford University and AstraZeneca PLC that is being manufactured by the Serum Institute of India.
(Bloomberg) -- The race to deliver the jab to the world’s populations has so far been led by a handful of smaller nations, and now they’re outpacing some of the wealthiest countries in the eyes of traders too.The fastest Covid-19 vaccination rollouts globally, in Israel and the United Arab Emirates, are propelling their stocks to some of the world’s top gains. Israel’s benchmark index has advanced 7.6% this year, outperforming both the S&P 500 and the Euro Stoxx Index. It ranks 12th among major equity gauges. Meantime, the Dubai Financial Market General Index has climbed 9%, all but reversing its 10% slump in 2020 and handing investors the sixth-best returns year to date. The Abu Dhabi Securities Market General Index is the world’s third-best performer.Traders are rushing to price the global vaccine rollout and betting nations at the forefront will be the fastest to recover from the crisis, lifting their stocks, currencies and bond yields. The share of a country’s population that has been inoculated might be “the most important statistic to track over the next year,” according to strategists at JPMorgan Chase & Co.More Than 63 Million Shots Given: Covid-19 Vaccine TrackerSo far, Israel has vaccinated about 30% of its population and the UAE about 20%. If sustained, they could reach the threshold for herd immunity by mid-year, JPMorgan says.“Will enough divergence open up with respect to herd immunity across countries to render this issue tradeable across markets? Probably,” strategists led by John Normand wrote in a Jan. 8 note. “Those countries that return to pre-crisis levels of activity most quickly due to some combination of stimulus and vaccine distribution should witness the most upward pressure on their interest rates and currencies.”While Israel and Dubai are tantalizing examples, the case for growth fueled by vaccinations in larger economies is murky, according to Michael Herzum, who runs macro strategies at Union Investment in Frankfurt.“It is difficult to isolate these effects from other market drivers and therefore makes it difficult to play it on a country-by-country level,” Herzum said. Even so, he’s building vaccination rates into his cross-asset allocation decisions.In Britain, where the first citizen outside of a trial received the coronavirus vaccination on Dec. 8, the FTSE 100 benchmark has outperformed peers in Europe even as its population suffers through a third national lockdown to quell a resurgence of the virus and a new fast-spreading variant. Vaccinations could pave the economy’s path to recovery and further lift the nation’s stocks, according to Herzum.“U.K. equities could be in a good position very soon as the U.K. probably reaches herd immunity much faster than the continent due to much better progress on vaccinations,” he said. “This could result in a big swing in economic activity once Covid-19 related restrictions are lifted.”(Adds details in second paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
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