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President donald trump on wednesday accused democrats of being unwilling to craft an acceptable compromise on stimulus following reports of progress earlier in the day.
Us stimulus talks update. Treasury secretary steven mnuchin bid to revive stalled stimulus talks with congressional democrats by proposing the use of untapped federal reserve relief funds as part of a new package of aid. Us stimulus talks suspended. India s covid update more india s covid 19 tally crosses the 67 lakh mark with a spike of 72 049 new cases 986 deaths reported in the last 24 hrs.
Talks between leaders of the democratic and republican parties in the us congress are continuing in attempts to secure a stimulus deal. Total case tally stands at 67 57 132. Not long after the end of the european trading session president trump tweeted that the coronavirus relief package negotiations are progressing and that acted as another boost to us indices the dow.
Lawmakers appear to reach compromise as stimulus package deal nears jeanine santucci sarah elbeshbishi michael collins and nicholas wu usa today 12 20 2020. On friday the ftse 100 hit a three week high and the dax 30 hit its highest level in over two weeks. Negotiations between pelosi and treasury secretary steven mnuchin were expected to continue today after the two met in person on wednesday hoping to hammer out a stimulus deal that would pass.
The us dollar rose on friday as investors await the latest updates about the second fiscal stimulus package. The outlook for additional stimulus spending after president elect biden is inaugurated on january 20 will depend on whether republicans retain control of the senate. Global investor sentiment took a fresh hit over talks to boost the world s largest economy after u s.
Optimism in relation to the us stimulus package lifted sentiment in markets last week.
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