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Biden’s dash for post-Trump reset hits harsh reality

Bloomberg Joe Biden’s presidency began at a choreographed sprint, with a series of executive actions to erase Donald Trump’s legacy and reset the nation’s course. But as his first full week in office came to a close, the new president was discovering the limits of his power. His administration’s efforts to bolster vaccine production ran into the same hurdles that ...

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Singapore’s Lee urges China to ‘recalibrate’

Bloomberg Singapore’s Prime Minister Lee Hsien Loong urged China to “recalibrate” as it pursues greater influence globally and to take on greater responsibility for driving international objectives from climate change action to more open markets. Addressing the World Economic Forum, Lee said as China continued to rise, it was contingent on the country to make adjustments in line with its ...

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Italy president taps house speaker to revive coalition

Bloomberg Italian President Sergio Mattarella asked the speaker of the lower house to lead a new round of negotiations aimed at breaking the country’s political deadlock. The head of state tasked Speaker Roberto Fico with exploring whether it’s possible to rebuild the coalition that supported Prime Minister Giuseppe Conte. Three days of talks led by Mattarella, who’s responsible for picking ...

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