U.S. Industry, Rock Star Finance Chief, Argentine Debt: Eco Day
(Bloomberg) -- Welcome to Monday, Americas. Here's the latest news and analysis from Bloomberg Economics to help you start the day:
- The trade agreement President Donald Trump signed with China less than four months ago has gone from a cornerstone of his re-election bid to a potential political liability as the pandemic sours the relationship between the world's two biggest economies
- The role government plays in the U.S. economy has long been an ideological battle line between the Republican and Democratic parties. Now, Republicans are starting to join Democrats in advocating for a stronger government hand in directing America's industrial resources
- Trump said Sunday he won't agree to pass further stimulus measures to combat the economic fallout of the coronavirus outbreak without payroll tax cut
- The U.S. Congress has unleashed nearly $3 trillion in stimulus to contain the economic damage from the coronavirus, and it has also let loose several watchdogs to police the flood of spending. The work of the panels is just beginning. Here's who is responsible for what
- In its monthly report on European factories, IHS Markit said on Monday the recovery from shutdowns will be “frustratingly slow”
- Fiscal authorities staring at gaping budget shortfalls from Canberra to Copenhagen are looking for any form of commerce and consumption they can tax. Coveted well before the pandemic, digital revenue is becoming an even more likely target
- Argentina is willing to keep working toward a deal to restructure its debt if an offer that expires on Friday is rejected, the economy minister said in an interview on Sunday
- Maria Antonieta Alva, the 35-year-old finance minister of Peru, is steering an ambitious recovery package during a devastating pandemic, and she is winning praise for its generosity to small businesses and ordinary citizens
- Finally, here's our preview of what to watch this week
©2020 Bloomberg L.P.
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