US Senate Republication Leader Thune says shutdown talks are going in the right direction, Politico reports
Newsquawk Staff ·
- The DHS would get stop-gap funding under the emerging deal.
What it means
The comments from Senate Republican Leader Thune suggest that negotiations regarding a government shutdown are progressing positively, which may ease market anxieties around fiscal stability. If the proposed stop-gap funding for the DHS materializes, it could mitigate disruptions that typically arise from budget deadlock, contributing to overall risk sentiment and stability in U.S. assets.
- Brussels is demanding that the UK be bound by European restrictions on Chinese EVs and that ministers imposetariffs of up to 35% on Chinese-made EVs as the price of allowing British car firms equal access to EU markets, reports The Times
- US Senate Commerce Committee to hold November 10th confirmation hearing for FCC Commissioner nominee Thumann
- The US DoJ is ramping up a criminal investigation into the Alaska US Senate race, issuing more than 100 subpoenas and at least 20 target letters to Democrats, reports ABC citing sources
- Swedish parliament rejects Centre Party leader’s candidacy for PM
- UK's Unite Union says the Apache offshore workers are escalating their strike action on various offshore platforms with a 24-hour period of strikes
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