China scorecard | Trump ran for office pledging to rewrite the U.S. economic relationship with China, which he blamed for hollowing out America's manufacturing base and impoverishing its workers. But as Jenny Leonard explains, economists say the unprecedented trade war he launched, breaking Republican free-trade orthodoxy, ended up costing American factory jobs. China's state support for companies that Trump pledged to confront meanwhile remains intact. Campaign 2020 There are four days until the election. Here's the latest on the race for control of the White House and Congress. Biden appealed to Hispanic voters in Florida, a battleground state where a win next week would give him the presidency. A federal appeals court ordered Minnesota election officials to segregate mail-in ballots that arrive after Nov. 3 in case a future court order requires the votes to be purged from the count. Other developments Don't miss the biggest election headlines as they happen. Download Bloomberg's app for Android or for iOS and turn on push notifications. Under attack | France suffered another suspected jihadist attack yesterday that left three dead at a church in Nice. President Emmanuel Macron, who has been widely criticized by Muslim leaders for comments interpreted as hostile, said France was being attacked for its values. His foreign minister attempted to reach out, sending "a message of peace to the Muslim world." Macron speaks to the press outside the the Notre-Dame de l'Assomption Basilica in Nice yesterday. Photographer: Eric Gaillard/AFP Opposition splits | Former U.K. opposition leader Jeremy Corbyn was suspended from the Labour Party after he failed to accept in full the findings of an anti-Semitism investigation. Corbyn was backed by more than 30 lawmakers, even though the probe found the party broke the law on his watch. As Alex Morales and Emily Ashton report, that threatens to reopen divisions in Labour after six months of calm under Keir Starmer. Tech decoupling | China said it needs to build its own core technology because it can't rely on buying it from elsewhere, as the Communist Party laid out plans for greater economic self-sufficiency. Announcing details of its new five-year economic plan, senior party officials said the nation would accelerate development of the kind of technology needed to spur the next stage of economic development. Italy's transformation | Something is changing at Italy's state bank. Since taking charge in 2018, Chief Executive Officer Fabrizio Palermo has been re-engineering CDP to put its $556 billion of assets to work supporting Prime Minister Giuseppe Conte's industrial strategy. But as Chiara Albanese reports, the 49-year-old also aims to be taken seriously as a private investor after hiring a clutch of investment bankers from top international firms. What to Watch - Ivory Coast President Alassane Ouattara will seek another five-year term in tomorrow's election, after reneging on a promise to step down.
- Georgians elect a new parliament tomorrow with the ruling party founded by billionaire Bidzina Ivanishvili seeking a third consecutive term.
- Algerians vote Sunday on constitutional amendments aimed at ending sustained protests. President Abdelmadjid Tebboune was transferred to a German hospital this week after going into self-isolation when several aides tested positive for Covid-19.
Pop quiz, readers (no cheating!). Which leader first called for a boycott of French goods over Macron's stance on Muslims? Send us your answers to balancepower@bloomberg.net. And finally ... Poles are expected to take to the streets again today to protest the government's support for still tighter restrictions on abortion. The demonstrations are morphing into a wider show of defiance that is beginning to look like a critical moment for ruling Law & Justice party leader Jaroslaw Kaczynski. As Wojciech Moskwa and Marek Strzelecki report, the movement could become the populist government's biggest threat yet. Demonstrators face police in Warsaw on Wednesday. Photographer: Czarek Sokolowski/AP Photo |
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