| Vaccination orders | Biden said he's ordering millions of executive branch employees, federal contractors and health-care workers to be vaccinated against Covid-19, while companies may be fined if they don't require shots or tests. He criticized the 25% of American adults not yet inoculated, saying they're dragging out the pandemic that has claimed more than 650,000 lives in the U.S. - The administration plans to double fines for those who violate federal rules requiring masks on commercial airplanes.
Squaring circles | Olaf Scholz has been leading in the polls for weeks now, but even if his Social Democrats win Germany's election on Sept. 26, the country's coalition system of government means he'll have to ally with perhaps two more parties to form a working majority. Iain Rogers sets out the possible policy implications for Europe's biggest economy in areas from climate to taxes, banking and housing.  France set out a plan to tackle its Covid-19 debt mountain by relying on investment to fuel stronger economic growth. The 2022 budget will deliver on promises to cut corporate tax and continue phasing out residency tax, Finance Minister Bruno Le Maire said.
Variant risks | The proliferation of Covid-19 variants in Africa, partly due to the low rates of inoculation, may lead to vaccine-evading mutations that could complicate attempts to end the pandemic, scientists say. While more than half of the population of the U.S. and over 60% of people living in the European Union are fully vaccinated, the proportion is just 3.2% in Africa. Best of Bloomberg OpinionClimate focus | Kerry will visit India next week to press the world's third-biggest source of carbon emissions to step up its efforts to fight climate change, sources say. He'll likely urge India to commit to achieving net-zero emissions ahead of COP26. Economic lifeline | The most basic foods have become political assets in economically devastated Lebanon, and no one's tapped that currency of oil, milk and bread like Iran-backed Hezbollah. Dana Khraiche explains how an outfit designated a terrorist group by the U.S. has galvanized power by taking on more functions of a state hollowed out by an imploding economy and sectarian feuding.
Bloomberg TV and Radio will air a special edition of Balance of Power today ahead of the 20th anniversary of 9/11, with guests including former New York Governor George Pataki and Cantor Fitzgerald Chairman Howard Lutnick, whose firm lost two-thirds of its New York employees in the attacks. You can watch and listen on Bloomberg channels and online here or check out prior episodes and guest clips here. - Biden's economic agenda took a step forward yesterday as House Democrats advanced several major expansions of the safety net, with tougher battles ahead on how to pay for the new benefits.
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Thailand's parliament passed major electoral changes favoring larger political parties, a move expected to help Prime Minister Prayuth Chan-Ocha's military-backed government amid speculation of an early election. -
A former Venezuelan intelligence chief was captured by Spanish police after going into hiding in 2019 to evade a U.S.'s court extradition request. -
Argentines vote on Sunday in a primary that will measure the political strength of the Peronist government and the opposition ahead of midterm elections on Nov. 14. This guide will help you navigate what to watch. - Fitch Ratings referred to Taiwan as part of China in the headline of a ratings announcement for the first time since at least 2003, triggering a rebuke from Taipei.
Pop quiz, readers (no cheating!). In which country did a unit of the military depose the president and suspend the constitution, citing the need to stem corruption? Send your answers to balancepower@bloomberg.net. And finally ... The children who lost parents in the 9/11 attacks are grown up now and chasing their own dreams. A few dozen have sworn an oath, like the parents they lost once did, to serve New York as firefighters or police officers. And a few dozen have followed the ones they lost onto Wall Street — some into the very same investment firms.  The National September 11 Memorial & Museum Photographer: George Etheredge |
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