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Joe Biden looks for his own ‘Joe Biden’ in running mate

Bloomberg In picking a running mate, Joe Biden has said he would want to recreate the dynamic he shared with Barack Obama — a working partner who shares his policy vision and also complements his skills and areas of expertise. But there’s so much more at stake in 2020. If the front-running Biden wins the Democratic presidential nomination in Milwaukee ...

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Iranian lawmaker dies of coronavirus as cases jump

Bloomberg An Iranian lawmaker died from the new coronavirus, the first member of parliament to succumb to the disease, as the government reported another surge in infections. Fatemeh Rahbar, 55, went into a coma on March 5 and never recovered, the Islamic Republic News Agency said. Rahbar, elected in February, is the nation’s seventh political figure to die from Covid-19 ...

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Fed gambled — and lost

The Federal Reserve’s first attempt to stabilise the US economy in the face of the threat from the coronavirus seems to have failed. On March 3, the Federal Open Market Committee (FOMC) decided to cut the so-called fed funds interest rate by 50 basis points, from a range of 1.5% to 1.75% to a new range of 1% to 1.25%. ...

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