| Shutdown sidestepped | The U.S. Congress is expected to avert a potential shutdown of the federal government by extending funding today until Dec. 3. But so far President Joe Biden hasn't made much progress on bridging Democrats' divisions on approving his economic agenda, as well as avoiding a debt default in less than three weeks. Tech ties | The U.S. and the European Union agreed for the first time to work together to shape the rules and standards around crucial technologies and coordinate their approaches to key trade issues. Officials outlined collaboration in areas ranging from screening potentially hostile foreign investments and export controls, to artificial intelligence and ensuring the security of semiconductor supply chains.  Tensions are rising in Western Sahara, a large strip of desert stretching along Africa's Atlantic coast north of Mauritania that's claimed by both Morocco and the independence-seeking Polisario Front. The severing of diplomatic ties in August between Morocco and Algeria, Polisario's historic backer, could worsen the dispute. Offering help | The U.K. government unveiled $672 million in hardship grants to help consumers who struggle with the rising cost of living over the winter. But it coincides with the expiry of two larger programs that paid out almost $107 billion during the height of the Covid-19 crisis, with the government under pressure from both rank-and-file lawmakers and opposition parties to do more to help poorer people. - The British economy emerged from the last lockdown more strongly than previously reported, but not nearly enough to claw back to its pre-crisis size this year, official data show.
Contrasting tactics | North Korean leader Kim Jong Un sent a fresh warning to the U.S., calling it a "fundamental danger" in a speech today to a parliament meeting, while offering to restore communications links with South Korea. It's an example, Jeong-Ho Lee writes, of Pyongyang's long-standing bid to drive wedges between Washington and its allies. Best of Bloomberg OpinionStep forward | Swedish Finance Minister Magdalena Andersson agreed to replace Prime Minister Stefan Lofven as Social-Democratic party leader yesterday, paving the way for her to become the Nordic nation's first female head of government. If confirmed, she'll have to unite her fractious party before an election next year to avoid becoming Sweden's shortest-lived premier since the 1970s.  Andersson makes the traditional walk to present the 2022 budget on Sept. 20. Photographer: Jonathan Nackstrand/AFP/Getty Images Bloomberg TV and Radio air Balance of Power with David Westin weekdays from 12 to 1pm ET, with a second hour on Bloomberg Radio from 1 to 2pm ET. You can watch and listen on Bloomberg channels and online here or check out prior episodes and guest clips here. - France says it will speak with its EU partners after accusing Britain of breaching its post-Brexit commitments by barring French fishing vessels from its waters.
- The Democratic-led House committee probing the Jan. 6 attack on the U.S. Capitol issued more subpoenas seeking evidence from those who helped organize a rally in support of former President Donald Trump.
- Ecuador President Guillermo Lasso declared the prison system under emergency after gang violence killed 116 inmates in one of the bloodiest jail riots in the history of Latin America.
- President Jair Bolsonaro is pressuring Brazil's state governors and lawmakers to reduce taxes on diesel and cooking gas in a bid to rein in energy prices as his popularity falters.
- Nicolas Sarkozy was convicted of deliberately overspending in his failed 2012 re-election campaign by French judges today, making him the first former French president to be convicted twice of a crime.
- Singapore posted a record eight deaths from Covid-19, a test of the government's resolve to reopen as new cases topped 2,200 for a second straight day.
And finally ... Russian President Vladimir Putin and Turkish leader Recep Tayyip Erdogan sparred over Covid-19 antibodies when they met in Sochi yesterday. After Putin said he had a high antibody level of "around 15 or 16" from his Russian-made Sputnik V vaccine, Erdogan replied "it's very low" and said his own count was "above 1,000" from Pfizer's shot. Putin brushed off the gap as a difference in scales of measurement, before advising his counterpart "if you're going to get re-vaccinated, do it with Sputnik V."  Putin and Erdogan meeting yesterday in Sochi. Photographer: Vladimir Smirnov/AFP/Getty Images | 
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