| Welcome to the Brussels Edition, Bloomberg's daily briefing on what matters most in the heart of the European Union. EUn governments won't make a decision just yet on a more aggressive emissions-reduction target for 2030, in a sign of persistent divisions within the bloc over the pace of transition to a low-carbon economy. Instead, environment ministers meeting today are aiming for a partial deal on a landmark law that will make the 2050 goal of climate-neutrality binding. A full-blown accord among EU nations is set for December, a week after leaders are expected to give their political blessing to tighten the emissions-reductions goal to at least 55% by the end of the next decade. The European Climate Law will become the legal foundations of the Green Deal, a sweeping strategy that will affect every corner of the economy.
— Ewa Krukowska and Viktoria Dendrinou What's HappeningEconomic Clues | Data today will offer more evidence of the euro area's fading recovery, with manufacturing surveys forecast to weaken again in October. That follows numbers yesterday that showed debt-to-GDP ratios have expanded across the euro area thanks to a surge in borrowing and an unprecedented slump in economic output. Virus latest | Poland joined Germany, Hungary and Romania in reporting a record gain in coronavirus infections, while Spain and France became the first countries in Western Europe to pass 1 million cases. Meanwhile, Belgium's foreign affairs minister is being treated in the ICU, and governments across the continent are facing a dearth of medical staff. Here's the latest. Transatlantic Talks | EU foreign-policy chief Josep Borrell and U.S. Secretary of State Michael Pompeo are due to give the green light today to a long-planned transatlantic "dialog on China." The goal is to set up a forum for exchanges between the EU's foreign policy service and the State Department on political issues tied to China Week Ahead | EU leaders will hold a virtual summit next Thursday to discuss the worsening Covid-19 crisis in the first in a series of regular video calls aimed at improving European coordination. Meanwhile, negotiations between EU lawmakers and governments over the bloc's budget and recovery fund are set to continue next week, with diplomats fearing delays as unavoidable. Brexit Movement | U.K. and EU negotiators have given themselves three weeks to finalize a post-Brexit trade deal, just days after Boris Johnson described the talks as over. While the change was driven more by process than substance, with big disagreements persisting, there's also an improved political backdrop. Here's what changed, and what didn't, in a week of talks. In Case You Missed ItBigger Problems | Leaving the EU was supposed to be the most challenging time for Britain's chief executive officers. Then, of course, came the coronavirus pandemic. We've been following companies preparing for Brexit since the 2016 referendum. Here's a snapshot of how three are faring now.
Spanish Confidence | Spanish Prime Minister Pedro Sanchez won a confidence vote yesterday by a wide margin after the main opposition party backed him. The voting underscored the toxic nature of Spanish politics and made clear that until the center-right parties unite, they will have no chance of forcing out the Socialists. Greening Germany | Germany must massively accelerate the greening of energy and transportation in this decade to hit lower emissions targets. That's according to environmental analysts, who estimate that it will have to quicken the pace of new clean-power generation and drop carbon dioxide pollution by 65% in order to comply with new EU targets by 2030. Swedish Budget | The radical reform of Sweden's budget process turned a crippling deficit into a significant surplus and instilled a high degree of financial discipline, leaving the country well-positioned to weather the pandemic. In fact, the biggest issue now is not that Sweden lacks the financial muscle, but that it may provide too little stimulus, which could keep growth and inflation at a lower trajectory for longer. Best Pick | Bond traders are betting the ECB will boost one of two bond-buying programs this year to battle deepening economic strife. UBS says that makes the Pandemic Emergency Purchase Program a clear winner, because of the greater flexibility it offers -- but the decision isn't necessarily an easy one. Chart of the Day Germans' demand for toilet paper is once again on the rise as coronavirus cases reached new records: sales were 90% higher last week than pre-pandemic averages, according to data from the Federal Statistical Office. The figures suggest that hoarding behavior is returning as consumers fear supply shortages and contact restrictions. Sales of soap, flour and yeast were also up a significant amount. Today's AgendaAll times CET. Like the Brussels Edition?Don't keep it to yourself. Colleagues and friends can sign up here. We also publish the Brexit Bulletin, a daily briefing on the latest on the U.K.'s departure from the EU. For even more: Subscribe to Bloomberg All Access for full global news coverage and two in-depth daily newsletters, The Bloomberg Open and The Bloomberg Close. How are we doing? We want to hear what you think about this newsletter. Let our Brussels bureau chief know. | 
⋗≗⋄〖Film!〗 2020 Rosas do Asfalto Película Completa En Línea released 2020. story: Rosas do Asfalto Película Completa En Línea. △∴∻Rosas do...
Post a Comment