Insights

We are being paid to ignore the reality of our fate. The slump in output has been offset – partially – by an enormous injection of cash. Despite the fall in GDP,

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Vaccine economics
More than 150 vaccines are being developed worldwide, with six in final large scale trials. Governments have invested more than $10bn and made forward purchases of about 4bn doses.

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• Trump signed an executive order banning US transactions with WeChat and TikTok
• Trump reimposed a 10% tariff on some Canadian aluminium products
• Trump said Biden is “against God.

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• Mitch McConnell says Senate will delay recess so as they can be in session next week
• Fauci expects a vaccine Q1 2021 with billions of doses by end 2021
• Twitter 

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• Mitch McConnell signalled he may be prepared to reverse course and accept a $600-per-week jobless-aid extension payment, an end of week deadline is set for negotiations
• California reported fewest

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