German cabinet reportedly approves 2021 draft budget, new debt of €96.2 billion 0 (0)

Reuters reports, citing an unnamed official
The €96.2 billion in new debt – to be used to finance measures in tackling the virus crisis – would be the second-highest since the end of WWII and comes after the government already took on a record borrowing of roughly €218 billion this year.

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UK PM Johnson: We have reached a perilous turning point on the coronavirus 0 (0)

UK prime minister, Boris Johnson, outlines new coronavirus restrictions as he speaks in parliament
– Schools, colleges, and universities will stay open
– This is by no means a return to the full lockdown in March
As far as restrictions go, these aren’t really that harsh all things considered. In some countries, these are even standard protocol over

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Brexit talks reportedly going ‚a bit better than expected‘, said to have ‚window of opportunity‘ 0 (0)

Sky News political editor, Beth Rigby, tweets
„Was decided in June there would be informal talks before the 9th round (next week). EU source tells me that talks have been going a bit better than expected & there is a ‚window of opportunity‘ (subject to the full application of WA)“

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Norway proposes that its sovereign wealth fund should invest more in US stocks, less in Europe 0 (0)

Norway publishes the white paper on its sovereign wealth fund proposals
The proposition suggests that the sovereign wealth fund should change its „geographical composition“ and should reduce its share holdings of developed markets in Europe, instead increasing its share of US and Canadian stocks.

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