| | | | The Reuters Daily Briefing |
Friday, January 22, 2021 by Linda Noakes and Hani Richter |
Good morning, . Here’s what you need to know. 'A wartime undertaking'
Joe Biden is stepping up the federal response to coronavirus, taking steps to expand testing and vaccinations and increase mask-wearing in a series of sweeping measures. Chief medical adviser Anthony Fauci praised his new boss’ willingness to “let the science speak” in contrast to the Trump administration as Biden likened the task ahead to wartime planning.
In one of his first major foreign policy decisions, Biden will seek a five-year extension to the New START arms control treaty with Russia ahead of the treaty’s expiration in early February.
A filibuster face-off between Senate Majority Leader Chuck Schumer and the man he replaced, Mitch McConnell, is holding up the work of the Senate as it begins the new year with 50 senators from each party.
Investors are taking profits after a recent rally, but analysts expect losses to be short-lived as they predict a strong upswing in global growth supported by record low interest rates around the world.
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| | Today’s biggest stories Business News Google said it would block its search engine in Australia if the government proceeds with a new code that would force it and Facebook to pay media companies for the right to use their content.
The Senate Finance Committee will vote on Janet Yellen’s nomination for Treasury secretary, an early litmus test of bipartisan support for President Joe Biden’s ambitious plans for coronavirus relief, infrastructure investment and tax hikes.
Bitcoin wavered and was heading toward its sharpest weekly drop since September, as worries over regulation and its frothy rally drove a pullback from recent record highs.
It is the end of January, so time for the Davos World Economic Forum, and Chinese President Xi Jinping, German Chancellor Angela Merkel, Japanese Prime Minister Yoshihide Suga are among this year’s big-name speakers. But Davos was not spared the pandemic hit; instead of gathering at the Swiss ski resort, the world’s great and good will do so virtually. |
Breakingviews - How to pick the hydrogen industry’s future Amazon Hydrogen stocks are partying like it’s 1999. The potential for the element to play a big role in decarbonisation has led shares in producers to behave like technology stocks before the dot-com crash. Investors trying to find the sector’s future Amazon.com at least have some clues to follow. Read concise views on the pandemics financial fallout from Breakingviews columnists across the globe.
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| | Video of the day Musk offers $100 mln prize for carbon capture | |
| | And finally… Inside Joe Biden's redecorated Oval Office Jonathan Ernst A general view shows the Oval Office as decorated for newly inaugurated President Joe Biden at the White House in Washington, January 21, 2021. | |
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