| Weekend vote | The U.S. Senate is scheduled to convene tomorrow to hold a key vote on a bipartisan $550 billion infrastructure bill. Disputes over the final wording of the legislation that numbers some 2,702 pages thwarted a bid by Democratic Majority Leader Chuck Schumer to move to passage late yesterday. He blamed Republicans for stalling. Vaccine diplomacy | Chinese President Xi Jinping has pledged to significantly boost Covid-19 vaccine exports to two billion doses this year, matching commitments by G-7 nations. The shots are crucial for the developing world and to prevent more dangerous variants from emerging. - Biden has said Hong Kong residents in the U.S. can remain in the country for as long as 18 months and apply for work permits, citing Beijing's crackdown on political freedoms in the territory.
 Alibaba Group Holding warned investors that years-long government tax breaks for the internet industry will start to dwindle, adding billions of dollars in costs for China's largest corporations as Beijing extends its campaign to rein in the sector. Best of Bloomberg OpinionMounting tensions | President Jair Bolsonaro's relentless attack on Brazil's voting system has wrecked his relationship with the Supreme Court, leaving Latin America's biggest country on the brink of an institutional crisis. Top Justice Luiz Fux cancelled plans for a meeting with the president yesterday, the harshest response yet to Bolsonaro's claims that next year's elections may be stolen from him. Battle resumes | The delta variant is challenging a part of the world that's previously been the most successful in blunting the economic impact of Covid-19, Michael Heath and Karen Leigh report. Countries in the Asia-Pacific region that snuffed it out are locking down again as the virus returns, and others are seeing the world's highest death rates. Shifting control | South Africa's Cyril Ramaphosa packed his cabinet with allies and absorbed the spy agency into the presidency, asserting authority following last month's rioting and midway through his first term. New Finance Minister Enoch Godongwana is seen keeping a tight rein on spending and debt, and should help fend off calls from within the ruling party for more populist policies. - Jailed former President Jacob Zuma was admitted to the hospital for medical observation, days before he is due to appear in court on bribery charges.
- Deutsche Bank, Standard Chartered and Danske Bank are being sued by the families of Americans killed and wounded during the Afghanistan war who claim they "knowingly facilitated transfers of millions" of dollars that provided aid to terrorists in the region.
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A spending splurge that helped Zambia's Edgar Lungu win the last two elections has turned into a liability and may cost him the presidency in next week's vote. -
Australia is making its tough pandemic border curbs even tougher, by barring non-resident citizens who enter the country from leaving again to reduce pressure on a quarantine system being tested by the delta variant. Pop quiz, readers (no cheating!). Which nation's president appeared in public in recent days with a bandage on the back of his head that has added fuel to simmering speculation about his health? Send your answers to balancepower@bloomberg.net And finally ... As the generation that experienced the world's first atomic attack fades away, the city of Hiroshima is training younger volunteers to share the experiences of nuclear survivors. These memory keepers, called denshosha in Japanese, spend three years learning to tell the story as the survivor wants it told. As inheritors of their subjects' personal experiences, they're charged with telling their stories in public appearances and in museum presentations.  A visitor prays for the atomic-bomb victims at the Hiroshima Peace Memorial Park. Photographer: Philip FongAFP/Getty Images |
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