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He won praise from progressives for fending off fierce resistance from Wall Street and for fighting for consumer protections. These days, Mr. Zients is a co-chairman of President-elect Joseph R. Biden Jr.’s transition team who is being watched warily by members of Democratic Party’s left wing. They view his recent work running an investment fund — Cranemere — and sitting on the board of Facebook as a detriment. Now, business and finance experience can turn otherwise qualified White House candidates into pariahs for progressives. With those jobs set to be filled by others, Mr. Zients is the front-runner, according to people familiar with the transition team’s plans, to be the Biden administration’s Covid czar, steering the government’s response to the coronavirus pandemic.
Persons: Jeffrey D, Zients, Joseph R, Biden, Democratic Party’s, , Barack Obama, Obama Organizations: WASHINGTON —, Obama, Economic Council, Wall, Democratic, Justice Democrats, Facebook, Democratic Party, White, Biden, National Economic Council, Management
FILE PHOTO: U.S. Treasury Secretary Steven Mnuchin testifies during a Senate's Committee on Banking, Housing, and Urban Affairs hearing examining the quarterly CARES Act report to Congress, in Washington, DC, U.S., September 24, 2020. Drew Angerer/Pool via REUTERS(Reuters) - U.S. Treasury Secretary Steven Mnuchin on Monday urged Congress to tap into $455 billion of unused emergency relief funds to fuel an additional, targeted round of pandemic economic assistance for American households and businesses. Mnuchin will appear alongside Federal Reserve Chair Jerome Powell. “I strongly encourage Congress to use the $455 billion in unused funds from the CARES Act to pass an additional bill with bipartisan support,” Mnuchin said. “The Administration is standing ready to support Congress in this effort to help American workers and small businesses that continue to struggle with the impact of COVID-19.”
Persons: Steven Mnuchin, Drew Angerer, ” Mnuchin, Mnuchin, Jerome Powell, , Organizations: Banking, Housing, Urban Affairs, REUTERS, Reuters, ., Monday, Senate Banking Locations: Washington , DC
Britain Braces for Logistics Havoc as Brexit’s Final Act Looms
  + stars: | 2020-11-29 | by ( Costas Paris | ) www.wsj.com + 0.00   time to read: +5 min
The change has sparked fears of severe bottlenecks at British ports and highways, where customs officers will inspect trucks amid an acute lack of staff that could rattle supply chains. Newsletter Sign-up The Logistics Report Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. PREVIEW“The problem is that you have to stop things,” said Richard Ballantyne, chief executive of the British Ports Association, a trade body. New customs facilities and parking spaces are being identified outside ports such as Dover, Portsmouth and Holyhead in Wales. The British International Freight Association, which represents freight forwarders, blames the U.K. government for not providing a clear road map.
Persons: , Richard Ballantyne, Thijs Van Dijk, there’ll, Port, Grant Falvey, lockdowns, Mr, Ballantyne, Robert Keen, , Costas Paris Organizations: European Union, British Ports Association, , Zuma Press, Goods Vehicle Movement Service, Honda Motor Co, Toyota Motor Co, Land Rover Ltd, Automobile Association ., EU, National Audit Office, British International Freight Association, “ Logistics, costas.paris Locations: Dover, Calais, Dunkirk, British, Dutch, , Portsmouth, Holyhead, Wales, Brussels, EU, Europe
This year, Americans’ access to health care took the spotlight like never before. Central to both of their arguments remained a decade-old law: the Affordable Care Act — landmark health care legislation that showed its continued significance during this particularly difficult year. So much so that it would be difficult for consumers and insurers to imagine the health care landscape after it was gone. “The Affordable Care Act tinkered with federal statutes in a 1,000 different places, many of which have since changed. Biden said he has big plans to build on top of the law so that others can gain access to health care.
Persons: Donald Trump, Joe Biden, Trump, Biden, , Leslie Dach, Obama, haven’t, Obamacare, , Cynthia Cox, Chris Pope, Cynthia Cox Trump, Cox, , Benjamin Sommers, “ It's, it’s, Pope, Lyndon B, Johnson, ” Pope, , they'll Organizations: Affordable, Healthcare, Department of Health, Human Services, Protect, Commonwealth Fund, ACA, Congressional, , Medicaid, Kaiser Family Foundation, Manhattan Institute, Republican, Health, Harvard, of Public Health, New England, of Medicine, Democratic House Locations: Congress, Chan, Missouri, Oklahoma
With winter coming, thousands of small businesses and millions of jobs are under threat and may shutter without aid from Congress. These restrictions are important safety measures, but the impact on small businesses — which employ 47.5% of the US workforce — could be devastating. Helping small businesses should be everyone's priorityThe fate of small businesses and the US economy are closely entwined. Small businesses deserve a Congress that works together to provide aid immediately. Lexi Reese is the COO of Gusto, the people platform that provides modern payroll, benefits, compliance, and expert HR to more than 100,000 small businesses across the U.S. She has spent her career advocating for small businesses at American Express, Google, and Accion International.
Persons: Lexi Reese, Jeanette Quick, Suzanna Cameron, Shannon Bynum, Adams Organizations: Financial Services, United States, Retail Trade, Leisure & Hospitality, American Express, Google, Accion International, Senate Banking Committee Locations: U.S, New Jersey, Washington , Michigan, Iowa, California, San Jose , California
After U.S. Push, EU Set to Launch New Human-Rights Sanctions Regime
  + stars: | 2020-11-27 | by ( Laurence Norman | ) www.wsj.com sentiment -0.90   time to read: +1 min
Last November, an aide to Mississippi Republican Sen. Roger Wicker called the Hungarian embassy to deliver a stern message. Prime Minister Viktor Orban was blocking passage of a European Union law similar to the U.S. Magnitsky Act on human rights. Soon after, European policy makers announced they would start work on a global human rights act like the U.S. law, first passed in 2012. A year later, the EU has approved the sanctions regime, set to be formally launched in early December, ending a decade of fighting that has divided the region’s governments, parliaments and political parties. The law will also give EU governments a new tool to coordinate sanctions with the U.S., just as the Biden administration prepares to take office.
Persons: Mississippi Republican Sen, Roger Wicker, Viktor Orban, Sen, Wicker, Orban, Mr, didn’t, Biden Organizations: Mississippi Republican, European Union, Magnitsky, Republicans, EU, Act, U.S Locations: Hungarian
After U.S. Push, EU Set to Target Human-Rights Violators
  + stars: | 2020-11-27 | by ( Laurence Norman | ) www.wsj.com sentiment -0.99   time to read: 1 min
Last November, an aide to Mississippi Republican Sen. Roger Wicker called the Hungarian embassy to deliver a stern message. Prime Minister Viktor Orban was blocking passage of a European Union law similar to the U.S. Magnitsky Act on human rights. If opposition persisted, the aide warned, Sen. Wicker would start a campaign to spotlight the Hungarian nationalist leader, driving a wedge between Mr. Orban and the congressional Republicans he had long courted. Within days, Hungarian officials said Mr. Orban would support an EU Magnitsky Act.
Persons: Mississippi Republican Sen, Roger Wicker, Viktor Orban, Sen, Wicker, Orban, Mr Organizations: Mississippi Republican, European Union, Magnitsky, Republicans, EU, Act Locations: Hungarian
Parents, teachers and others poured out their thoughts in 1,100 public comments posted online before the September meeting. “If our schools do not open in person I will yank both my boys OUT and take them to another school district!! The Jefferson County School District near Denver, for instance, is temporarily switching most students to all-remote learning this month amid the surge of cases in Colorado. In Texas’ rural Louise Independent School District, about a third of the roughly 500 students started the year with remote instruction. So on Sept. 22, Oliver sent a letter to district families announcing that the remote instruction would end the following week.
Persons: Ellyah Gonzalez, Lazae Palacios, Go Nakamura, , Larry Rother, Chandler, Stacey Cole, Cole, Don’t, Maddie Weiser, , ” Weiser, ” Mamie Huff, ’ Michael Hester, Hester, Joel Tumlison, ” Tumlison, Michael Hinojosa, ” Maren Butcher, Garth Oliver, ” Oliver, Oliver, Randi Weingarten, Weingarten, Joe, “ We’ve, ” Jennifer Lees, “ We’re, Katie Nash, Dan Domenech, Nash, Butcher, Sydney Leggett, “ I’m, ” Leggett, “ It’s Organizations: Reuters, Louise Elementary School, REUTERS, Chandler, New, The New York, Jefferson County School District, Corpus Christi, Hoops, Storm Lake Community School District, Dallas Independent School District, U.S . Centers for Disease Control, Kaiser Family Foundation, Batesville School, Arkansas Department of Health, Louise Independent School District, ACT, American Federation of Teachers, , Chandler Education Association, White, School, Association Locations: Chandler , Arizona, Louise , Texas, U.S, Phoenix, United States, New York City, The New York City, Denver, Colorado, Premont , Texas, Corpus, Iowa, Arizona’s Chandler, Jefferson County, COVID, Dallas, Batesville, Batesville School District, Arkansas, Dallas , Texas, , Chandler, Arizona, Texas, Grantham , New Hampshire
WASHINGTON — President-elect Joe Biden's first batch of administration picks gives competing wings of the Democratic Party something to celebrate, and sends a signal to the United States that he plans to govern as an institutionalist. Biden is attempting the high-wire act of balancing diversity demands with ideological fissures between progressives and moderates. "The president-elect understands that he has to continue this balancing act in constituting his presidency," Galston said. Obama picked a lot of people from that wing of the party: Rahm Emanuel, Larry Summers, Arne Duncan, Timothy Geithner and others," said Waleed Shahid, the spokesman. "The party has been slowly breaking away from that ideology for several cycles and Biden's picks seem to be reflecting some of that dynamic," he said.
Persons: Joe Biden's, Biden, Obama, William Galston, Galston, he's, John Kerry, Alejandro Mayorkas, Janet Yellen, Avril Haines, Linda Thomas, Greenfield, we've, Matt Bennett, Sen, Elizabeth Warren, Sarah Bloom Raskin, Lael Brainard, Yellen, Warren, Georgia runoffs, Pat Toomey, Antony Blinken, Susan Rice, Ron Klain, Bruce Reed, Reed, Joe Biden, Bruce, Bennett, That's, Biden's, Barack Obama —, Biden hasn't, Rahm Emanuel, Larry Summers, Arne Duncan, Timothy Geithner, Waleed Shahid Organizations: WASHINGTON, Democratic Party, Brookings Institution, Sunrise Movement, Homeland Security, National Intelligence, United Nations, Treasury, Progressives, Federal, Federal Reserve, Obama, White House, Democratic, American Prospect, Biden, Management, Justice Democrats, Social Security Locations: United States, Georgia, Benghazi
If Congress doesn't act, a lot of damage will be done between now and February: Fmr. Treasury Sec. Jack Lew was President Obama’s Treasury Secretary and worked closely with Janet Yellen when she was the Federal Reserve chair. He joins 'Closing Bell' to discuss how she will perform as a Treasury Secretary if nominated and the need for additional economic stimulus.
Persons: Jack Lew, Janet Yellen Organizations: Treasury, Federal Reserve Locations: Fmr
The Inauthenticity Behind Black Lives Matter
  + stars: | 2020-11-22 | by ( ) www.wsj.com + 0.98   time to read: +2 min
Clearly they have pushed their way through an old racial order, as have—it could be argued—many black Trump voters in the recent election. I believe there is in fact a new racial order slowly and tenuously emerging, and that we blacks are swimming through rough seas to reach it. In passing the 1964 Civil Rights Act, America effectively confessed to a long and terrible collusion with the evil of racism. Even today, almost 60 years beyond the Civil Rights Act, groups like Black Lives Matter, along with a vast grievance industry, use America’s insecure moral authority around race as an opportunity to assert themselves. Doesn’t BLM dwell in a space made for it by America’s racial self-doubt?
Persons: Sen, Tim Scott of, Burgess Owens, Herschel Walker, Daniel Cameron, foretell, Kennedy Organizations: Tim Scott of South Carolina, Republican National Convention, GOP, Trump, Act, Civil Locations: Tim Scott of South, America
G-20 leaders seek to help poorest nations in post-Covid world
  + stars: | 2020-11-22 | by ( ) www.cnbc.com + 0.00   time to read: +4 min
The Covid-19 pandemic, which has thrown the global economy into a deep recession this year, and efforts needed to underpin an economic rebound in 2021, were at the top of the agenda. G20 leaders are concerned that the pandemic might further deepen global divisions between the rich and the poor. "China is willing to strengthen cooperation with other countries in the research and development, production, and distribution of vaccines," President Xi Jinping told the G20 Summit. U.S. President Donald Trump, who lost the U.S. presidential election but has refused to concede to former Vice President Joe Biden, addressed G20 leaders briefly before going golfing. She made no mention of any U.S. pledge to support the global vaccine distribution effort.
Persons: Charles Michel, Saudi Arabia's King Salman bin Abdulaziz Al Saud, King Salman bin Abdulaziz, Emmanuel Macron, Ursula von der Leyen, Chancellor Angela Merkel, Vladimir Putin, Xi Jinping, Donald Trump, Joe Biden, Kayleigh McEnany Organizations: Saudi, Reuters, European Union, ACT, Twitter, U.S, White House Press Locations: Saudi Arabia, Brussels, Italy, Germany, Moscow, China, U.S
The Covid-19 pandemic, which will throw the global economy into a deep recession this year before an economic rebound expected in 2021, is at the top of the agenda. G20 leaders are concerned that the pandemic might further deepen global divisions between the rich and the poor. To do that, the European Union urged G20 leaders to quickly put more money into a global project for vaccines, tests and therapeutics called Access to Covid-19 Tools (ACT) Accelerator. Extending the temporary debt relief could encourage some additional countries to ask for forbearance, experts say, but private sector creditors must also agree to participate. Debt relief for Africa will be an important theme of the Italian presidency of the G20 in 2021.
Persons: King Salman bin Abdulaziz, Emmanuel Macron, Ursula von der Leyen, Vladimir Putin, Xi, Charles Michel, Antonio Guterres, David Malpass, Donald Trump Organizations: Saudi, European Union, ACT, Twitter, International Monetary Fund, United Nations, Reuters, NBC, Bank Locations: BEIJING, DUBAI, Saudi Arabia, Moscow, China, pandemics, Africa, Sterling, Virginia
WASHINGTON — Democratic senators are calling on President-elect Joe Biden to use executive power to advance goals such as tackling climate change, relieving student debt and creating a more progressive immigration system. "I think President Biden has significant executive power. "From Treasury to State to Interior (departments) and the financial regulators, climate action and climate risk management has to be infused into literally everything," he said. Even if Democrats capture both Georgia seats and take control of the Senate, McConnell would retain the power to filibuster legislation and force a 60-vote threshold. Jamal Brown, a spokesman for Biden's transition team, said his agenda will include executive power.
Persons: Joe Biden, Biden, Donald Trump, Sen, Ed Markey, Markey, Mitch McConnell, stonewall, Ron Wyden, Brian Schatz, Elizabeth Warren, Chuck Schumer, McConnell, Joe Manchin, Nancy Pelosi's, Barack Obama, Wyden, Mazie Hirono, Mitch McConnell —, Hirono, playbook, We've, Mitch, He's, didn't, Jeff Hauser, Hauser, Ruth Bader Ginsburg, Amy Coney Barrett, Obama, Jamal Brown, Brown Organizations: WASHINGTON, Democratic, Georgia Senate runoffs, NBC News, Higher, Senate, Act, White House, Biden, Republicans Locations: United States, Paris, Ky, Hawaii, State, Interior, bipartisanship, Georgia
G20 leaders seek to help poorest nations in post-COVID world
  + stars: | 2020-11-21 | by ( Raya Jalabi | Ryan Woo | ) www.reuters.com + 0.00   time to read: +4 min
"Family Photo" for annual G20 Summit World Leaders is projected onto Salwa Palace in At-Turaif, one of Saudi Arabia?s UNESCO World Heritage sites, in Diriyah, Saudi Arabia, November 20, 2020. G20 leaders are concerned that the pandemic might further deepen global divisions between the rich and the poor. To do that, the European Union urged G20 leaders to quickly put more money into a global project for vaccines, tests and therapeutics called Access to COVID-19 Tools (ACT) Accelerator. Extending the temporary debt relief could encourage some additional countries to ask for forbearance, experts say, but private sector creditors must also agree to participate. Debt relief for Africa will be an important theme of the Italian presidency of the G20 in 2021.
Persons: Shyoukhi, King Salman bin Abdulaziz, Emmanuel Macron, Ursula von der Leyen, , Vladimir Putin, ” Xi, Charles Michel, Antonio Guterres, David Malpass Organizations: Reuters, Heritage, REUTERS, Saudi, European Union, ACT, Twitter, International Monetary Fund, United Nations, World Bank Locations: BEIJING, DUBAI, Saudi Arabia, Diriyah, Moscow, China, pandemics, Africa
Here is an overview of where the programs stand, what they accomplished and what it would take to revive them. Mnuchin extended four of the programs, including those that support money markets and short-term borrowing markets for companies, for 90 days beyond the end of the year. That could put more strain on businesses, municipalities and financial markets. If Mnuchin does not approve extensions for the programs, the Fed may need to wait for approval from the next administration. But Fed chairman Jerome Powell said on Friday in a letter here to Mnuchin that the Fed will return the unused emergency funds.
Persons: Steven Mnuchin, Steven T, Mnuchin, Toni L, Sandys, Joe Biden, Roberto Perli, Biden, Perli, Jerome Powell, Dodd, Frank Organizations: Reuters, ., Federal Reserve, of, Treasury, Banking, Housing, Urban Affairs, Fed, GO, Cornerstone, Federal Reserve Act, Treasury Department, Exchange Stabilization Locations: Washington , DC
Second Acts: A career change roadmap in challenging times
  + stars: | 2020-11-20 | by ( Chris Taylor | ) www.reuters.com + 0.00   time to read: +4 min
Some people launch Second Acts for personal reasons, finally starting their own business or pursuing a long-held passion. In fact, one out of four women are considering a career change, according to a new survey by financial services giant MetLife. “Usually people stay in their own professional silos, like lawyers hanging out with lawyers,” said Schoenberg, noting that EvolveMe holds eight-week group training intensives for women tackling career change. Do not be inactive for long periods, which could stall momentum toward a successful career transition. DON’T ACT OUT OF PANICIf you have been pushed into career change by a furlough or a layoff, the natural instinct is to jump at the first job that comes along just to pay the bills.
Persons: Judie Saunders, Linda Lautenberg, Judy Schoenberg, Chris Lo Bue, “ It’s, ” Saunders, , you’ve, , DON’T, Jenny Blake, ” Blake, Schoenberg, EvolveMe, Blake Organizations: YORK, REUTERS, MetLife, LinkedIn, ACT Locations: Handout
The joint statement of Perdue and Loeffler claiming mismanagement and corruption in their state’s elections reflects both bad temper and bad judgment. What the senators' statements suggest is less that the election was tainted than that their re-election prospects are precarious. What the senators' statements suggest is less that the election was tainted, than that their re-election prospects are precarious. Indeed, reports indicate that Trump demanded that Perdue and Loeffler undermine the credibility of Georgia’s election results and call for Raffensperger’s resignation. Hoping to retain the president’s support during their runoff campaigns, they apparently dutifully complied.
Persons: , Ronald Reagan, George H.W, George H.W . Bush, Sens, David Perdue, Kelly Loeffler, Perdue, Georgia, Joe Biden, Sonny Perdue, Loeffler, Brad Raffensperger, Donald Trump, , ” Raffensperger, Raffensperger, Loefflers, Trump Organizations: Republican, Atlanta's Fox, Trump Locations: George H.W ., United States, Sens, Russia, China, Loeffler, Georgia
The Georgia recount is now done, and confirmed Biden's win over Trump in the state. An anonymous group of top US CEOs were waiting for the results of the recount of Georgia's presidential election recount before acting against Trump. And they said that they would decide what to do next after the results of the Georgia recount, which was completed on Thursday. The recount was triggered by state law because Biden won by less than 0.5% of the vote. The recount saw Biden confirmed as the winner, though Biden would still have enough Electoral College votes to win the presidency even if he had lost the state to Trump.
Persons: Donald Trump's, Biden's, Trump, Johnson, Joe Biden, Biden Organizations: Trump, Trump . Visit, Associated Press, Yale, CNBC, Disney, Blackstone, Fortune, AP, Electoral College, Electoral Locations: Georgia, Trump
Increased unemployment benefits, like the extra $600 a week, does not disincentivize workers, Marinescu says. If Congress doesn't mitigate the unemployment crisis with additional aid, Marinescu believes that the country will sink into a harsher economic recession. It took a week for unemployment benefits to kick in, and she received several installments of the $600 weekly additional unemployment relief funds that Congress passed back in the spring before they ended. Unfortunately, this anonymous young unemployed Seattleite is not unique. One of the main trickle-down arguments against paying higher unemployment insurance benefits is that it discourages people from finding work.
Persons: Paul Constant, Nick Hanauer, David Goldstein, Hanauer, Goldstein, Marinescu, , they're, it's, She's, Seattleite, Ioana Marinescu Organizations: Civic Ventures, Seattle, Expedia, University of Pennsylvania, Economic, Institute, Pitchfork Economics, University of Washington, Pitchfork, University of Pennsylvania School of Social Locations: Seattle, Washington, Europe,
After close contacts get Covid, acting Sec. Def. Chris Miller won't isolate
  + stars: | 2020-11-20 | by ( Nbc News | ) www.nbcnews.com sentiment -0.98   time to read: +1 min
After close contacts get Covid, acting Sec. Chris Miller won't isolateTwo people tested positive for coronavirus after having close contact with acting Secretary of Defense Chris Miller, who will not conduct a period of self-isolation as is recommended by the Centers for Disease Control and Prevention, according to a Pentagon spokesperson. Tata was tested because the Lithuanian Embassy informed the Pentagon that its Defense Minister, Raimundas Karoblis, tested positive for Covid-19. Karoblis visited the Pentagon over several days in the last week, where he met with Miller, Tata, as well as Secretary of Navy Kenneth Braithwaite. Miller and others won't isolate, the Pentagon spokesperson said:"As CDC COVID mitigation guidelines were followed during the Acting Secretary’s bilateral meeting with the minister, as well as meetings with Mr. Tata, Acting Secretary of Defense Miller is not quarantining," the Pentagon said.
Persons: Chris Miller, Anthony Tata, Jonathan Hoffman, Tata, Raimundas Karoblis, Karoblis, Miller, Kenneth Braithwaite, Defense Miller Organizations: Centers for Disease Control, Pentagon, Defense, Policy, Lithuanian Embassy, Tata, CDC, Mr
Chairman Jerome Powell says Fed will make arrangements to return unused CARES Act money
  + stars: | 2020-11-20 | by ( ) www.cnbc.com sentiment -0.99   time to read: 1 min
Chairman Jerome Powell says Fed will make arrangements to return unused CARES Act moneySteve Liesman joins 'Closing Bell' to report details from the Fed after Treasury Secretary Steven Mnuchin requested the Fed to return money allocated for the emergency lending programs.
Persons: Jerome Powell, Steve Liesman, Steven Mnuchin Organizations: Fed
G20 leaders urged to provide urgent funds for COVID vaccines, drugs, tests
  + stars: | 2020-11-19 | by ( Reuters Staff | ) www.reuters.com sentiment -0.97   time to read: 1 min
GENEVA (Reuters) - G20 leaders holding a virtual summit this weekend must help close a funding gap to buy vaccines, drugs and tests to combat the COVID-19 pandemic, a letter from South Africa’s president, Norway’s prime minister, the WHO chief and the European Commission President said. The letter, seen by Reuters, said: “A commitment by G20 leaders at the G20 summit in Riyadh to invest substantially in the ACT (Access to COVID-19 Tools) Accelerator’s immediate funding gap of US $4.5 billion will immediately save lives, lay the groundwork for mass procurement and delivery of COVID-19 tools around the world, and provide an exit strategy out of this global economic and human crisis.”
Persons: Organizations: WHO, European, Reuters, ACT Locations: GENEVA, South, Riyadh
FILE PHOTO: The word "COVID-19" is reflected in a drop on a syringe needle in this illustration taken November 9, 2020. REUTERS/Dado Ruvic/Illustration//File PhotoGENEVA (Reuters) - G20 leaders must help close a funding gap to buy vaccines, drugs and tests to combat the COVID-19 pandemic, a letter from South Africa’s president, Norway’s prime minister, and the heads of the World Health Organization and European Commission said. “A commitment by G20 leaders at the G20 summit in Riyadh to invest substantially in the ACT (Access to COVID-19 Tools) Accelerator’s immediate funding gap of US $4.5 billion will immediately save lives, lay the groundwork for mass procurement and delivery of COVID-19 tools around the world, and provide an exit strategy out of this global economic and human crisis,” it said. The letter also called on G20 leaders to commit jointly to “a proportion of future stimulus” spending on the tools, which are particularly aimed at securing supplies for lower income countries. The signatories were South African President Cyril Ramaphosa, Norway’s Prime Minister Erna Solberg, World Health Organization (WHO) director-general Tedros Adhanom Ghebreyesus and Ursula von der Leyen, president of the European Commission.
Persons: Dado Ruvic, Cyril Ramaphosa, Erna Solberg, Adhanom Ghebreyesus, Ursula von der Leyen, ” Dag Inge Ulstein, , , von der Leyen Organizations: REUTERS, GENEVA, World Health Organization, European Commission, Reuters, ACT, South, Norway’s, WHO, Locations: South, Riyadh, Saudi Arabia, South African, Geneva
The Federal Reserve explicitly disagrees with Treasury's decision to not extend CARES Act programsSteve Liesman joins 'Closing Bell' with the Federal Reserve's response to the Treasury, which declined to extend five of the CARES Act emergency programs.
Persons: Steve Liesman Organizations: Treasury
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