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Bay Area elected officials gathered Saturday in Santa Rosa with House Speaker Nancy Pelosi, firefighters and community members to announce billions of dollars of funding for wildfire prevention in the recently passed $1 trillion federal infrastructure package. ....
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Brazil Went All-In on Covid Stimulus But Let the Virus Run Wild Bloomberg 3/16/2021 Andrew Rosati and Martha Beck (Bloomberg) Brazil spent more money shielding its economy from the pandemic slump than almost any other emerging nation, and quite a few wealthier ones too. It put much less effort into containing the pandemic itself. That combination is putting the country’s economic policy under growing strain. It’s one reason why Brazil is poised to become the first Group of 20 country to raise interest rates this year. The central bank, which just a few weeks ago was talking about keeping its benchmark at a record-low 2% for a while yet, is now expected to hike it by 50 basis points Wednesday. ....