OECD cuts 2021 global forecast, warns governments to maintain support 0 (0)

OECD sees a gradual and uneven global recovery over the next two years
„Policy still has a lot to do. If public health or fiscal policy falter then we would see a loss of confidence and a much more depressing outlook.“
As per the usual, take these forecasts with a pinch of salt as they are merely

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European Commission says EU fully concentrated on Brexit negotiations right now 0 (0)

Some Brexit remarks by the European Commission
– People, businesses have had time to prepare for end of transition period
– If no-deal contingency plans are needed, they would be limited and adopted in time for 1 January
Some token remarks really, once again not giving anything away with regards to how the state of negotiations are playing

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ECB’s Lagarde: Monetary policy cannot be as targeted as fiscal measures can be 0 (0)

Comments by ECB president, Christine Lagarde
– Fiscal policy is critically important when services sector gets hit
– Fiscal and monetary policy coordination has helped a great deal
So far, she’s mainly speaking about how they have responded to the virus crisis since March. There’s no mention yet about any future policy steps ahead of next month.

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Brexit: Barnier still keeping mum as talks continue again in London 0 (0)

Barnier just told reporters „there are reasons for determination“
Not really giving anything away, similar to the tone over the weekend. Talks are now continuing again between Barnier’s team and Frost’s team in London, so we’ll have to wait and see if there will be anything substantial later in the day.

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UK poised to become the first western country to approve a Covid-19 vaccine 0 (0)

So report the Financial Times, saying the drug regulator in the country is . (FT may be gated.)  
The UK’s Medicines and Healthcare Products Regulatory Agency has the power to temporarily authorise products, in cases of urgent public need, thus bypassing the normal approval required from the European Medicines Agency (what this means is that while the

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UK Times says EU Commission President expected to speak with UK PM ‚within hours‘ ( … but there’s a but) 0 (0)

The UK Times reports over the weekend that the Commission has begun to „lean on“ EU negotiator Michel Barnier to get a trade deal with the UK. 
The but? Reuters cite an unnamed British source saying there is no call currently scheduled.

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