Biden outlines $2trn infrastructure plan
Joe Biden proposed spending more than $2trn to upgrade US roads, water and broadband networks, build electric vehicle charging stations, and fund R&D and training schemes. The investments are meant to help create millions of “good-paying jobs” for Americans. The US president wants to pay for the plan by raising the corporate tax rate from 21% to 28%. The package faces opposition in congress and from business groups. Sources: BBC, CNBC, Financial Times, The Guardian, New York Times and NPR.
France to enter third (partial) shutdown
Emmanuel Macron, the French president, extended the limited lockdown (which had been in effect in 19 départements, mainly in the Paris region and northern France) to the entire country. Non-essential shops and schools will be closed, and travel more than 10km from home will be restricted. The rules start on Saturday and last four weeks. France is reaching its intensive care bed capacity. Sources: AFP, BBC, Fra
Century Housing Municipal Bond Awarded Sustainability Bond of the Year
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Social bond of the year - sovereign: Republic of Guatemala
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