EU leaders close in on recovery fund deal, Testing crunch warning, US economic rebound halted
FT News Briefing21 Jul 2020

EU leaders close in on recovery fund deal, Testing crunch warning, US economic rebound halted

EU leaders are closing in on a deal for a landmark coronavirus recovery package, the largest laboratory company in the US, Quest Diagnostics, has warned it will be impossible to increase coronavirus testing capacity in the event of a second wave in the autumn, and European banks are facing as much as €800bn in loan losses over the next three years as a result of the coronavirus crisis. Plus, the FT’s James Politi will explain why the US economic recovery from coronavirus was so short-lived and whether it will gather pace again.

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Episoder(2105)

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Key week for Russia-Ukraine peace talks

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The Wolf-Krugman Exchange: Trump’s ‘vibecession’

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UK Budget boosts taxes to all-time high

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