STATUS CHECK COMMENTARY- BIDEN SEEKS CALM; OPPONENTS KEEP FIGHTING

WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. President-Elect Joe Biden sought to calm troubled waters Tuesday in a rare question and answer session following a speech repeating how important he views the Affordable Care Act. It was under review by […]

WEDNESDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Wednesday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, NOVEMBER 11, 2020 EST  9:30AM                        In-House Pool Call Time  10:45AM                      THE PRESIDENT and THE FIRST LADY depart the White House en route to Arlington, VA South Portico In-Town Travel Pool   10:55AM                      THE PRESIDENT and THE FIRST LADY arrive […]

ECB’S KNOT: COVID VACCINE DOES NOT DISPEL ECONOMIC UNCERTAINTY

— Stresses Fiscal Policy Must Undertake Havy Lifting Vs Q4 Downturn By Laurie Laird  LONDON (MaceNews) – The rapid development of a Covid vaccine is unlikely to provide a quick fillip to the battered European economy, according to a top European Central Bank official.  While welcoming the announcement of positive medical trial results released on […]

ITALY LIKELY TO ‘PRESS PAUSE’ ON MORE DEFICIT SPENDING; DEBT CONCERNS RISE – SOURCES

By Silvia Marchetti ROME (MaceNews) – Italy’s ruling coalition parties are trying to limit further boosting pandemic deficit spending as fears of long-term debt sustainability rise, according to party officials.  Despite pledges made in recent weeks to do “whatever it takes” to tackle the COVID-19 second wave and reassure markets, the “intention is to avoid […]

GERMAN ECONOMIC SENTIMENT FALLS SIGNIFICANTLY IN NOVEMBER: ZEW

By Marco Babic ZURICH (MaceNews) – Concerns among investors about the impact of COVID-19 on Germany economy pushed the outlook sharply lower in November, according to the latest report from the ZEW institute in Mannheim. Economic sentiment fell in November to 39.0, down 17.1 points from the October result, and came in below expectations for […]