Welcome to the Brussels Edition, Bloomberg's daily briefing on what matters most in the heart of the European Union. Fish is back on the menu. A new flare-up in tensions sees France saying that the U.K. is in breach of the Brexit deal after it denied several small EU fishing boats access to its territorial waters, and warned that it might retaliate. The clash is inflaming one of the most contentious elements of the post-Brexit relationship, and risks making market access for financial services even trickier. France has previously threatened to block regulations that would allow U.K. financial firms to do business in the EU if the country doesn't respect its Brexit commitments on fishing. Seen from Brussels, the rejections are baffling, and the Commission is pressing for an explanation, an official told us. In another follow-up to Brexit, the chief executive officer of Next warned of possible further supply-chain problems in the run-up to Christmas if the U.K. doesn't relax some post-Brexit immigration rules and allow more overseas workers into the country. — John Follain Transatlantic Coordination | The U.S. and the EU agreed to work together to shape the rules and standards around crucial technologies and coordinate their approaches to key trade issues at an inaugural meeting of a new cooperation body. At yesterday's gathering in Pittsburgh of the U.S.-EU Trade and Technology Council, they discussed Trump-era metals tariffs but are still divided. Crisis Winter | The gas crisis affecting Europe is likely to last all winter as stockpiles are lower than usual at the start of autumn and Chinese demand is rising, TotalEnergies Chief Executive Officer Patrick Pouyanne told Bloomberg Television. He expects European suppliers to avoid a shortage provided they agree to pay enough. Coal Crunch | It's not just natural gas troubling Europe's energy markets. Power producers on the continent are being forced to ask Russia for more coal with winter approaching and record-high gas prices denting profitability, according to officials at two Russian coal companies. But they may be left stranded. Tankers Mobilized | The U.K. is deploying its reserve tanker fleet to ease a fuel crisis that's brought chaos to the nation's gas stations, while Army drivers will be used within "days," Business Secretary Kwasi Kwarteng said. Some 150 Army drivers were made available on Monday in case they're needed. Germans Explore | Top officials from Germany's Greens and Free Democrats signaled they're making progress in exploratory talks on joining the next government as junior coalition partners and set up a round of follow-up meetings. The two parties, which have contrasting policies in key areas like climate and finance, are sounding each other out and will meet separately on Sunday with the Social Democrats. Corporate Climate | A coalition of financial firms overseeing a combined $29.3 trillion of assets are calling on some of the world's biggest corporate emitters to "urgently" set science-based emissions-reduction targets that are compatible with 1.5° Celsius of global warming. Allianz, Credit Agricole and Legal & General Investment Management are among the 220 institutions that have written to 1,600 companies. Pandemic Impact | Disruption to health systems in lower-income nations during the pandemic has caused an increase in deaths among women and children that's more than double the toll from Covid-19, new research shows. That highlights a crisis threatening years of hard-fought progress. Boardroom Women | Europe has done a better job figuring out how to bring more women into boardrooms than the U.S., according to the latest tally of directorships by Bloomberg, with quotas potentially playing a key role. Almost 37% of board seats in Stoxx Europe 600 companies were held by women last month, the data show. In the U.S., 30% of directors in S&P 500 companies were women. 007 Rave | Enthusiastic reviews for the long-delayed James Bond movie "No Time to Die" could entice people away from Netflix and into theaters. The industry has struggled to maintain suspense for a film that was supposed to run in April last year. The latest installment of the series has received positive reviews from 91% of critics tracked by aggregator Rotten Tomatoes. Italian Prime Minister Mario Draghi is following through on his view that EU fiscal rules are "obsolete" with a budget projecting deficits well-above the bloc's suspended ceiling for the foreseeable future. The first annual fiscal plan of his technocratic government shows that even though officials reckon the shortfall could drop to 2.1% by 2024, they plan to keep exceeding the 3% level that triggered EU admonishments before the crisis. All times CET. - 1 p.m. Justice Commissioner Vera Jourova speaks at the Public Broadcasters International Conference; and again at 4 p.m. at a Politico event focused on whether Europe and U.S. can find common ground on regulating big tech
- Euro-area August unemployment data released
- Commission President Ursula von der Leyen visits Serbia, and Bosnia and Herzegovina
- Climate chief Frans Timmermans participates in the COP26 preparatory conference in Milan, along with Italy's Draghi, U.K.'s Boris Johnson
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