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What are we reading? June 11, 2020

Each week, BIV staff will share with you some of the interesting stories we have found from around the web.
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File photo, Shutterstock

Each week, BIV staff will share with you some of the interesting stories we have found from around the web.

Mark Falkenberg, deputy managing editor:

The play-nice era of pandemic politics in Canada finally fizzles, with the Tories blocking the expansion of benefits for the disabled and seasonal workers, as a protest against Prime Minister Justin Trudeau’s bid to cut how often Parliament meets. – Reuters

https://www.reuters.com/article/us-health-coronavirus-canada/canadas-political-consensus-over-coronavirus-aid-programs-starts-to-fray-idUSKBN23H2JP?il=0

Amid a doom-laden economic forecast, U.S. Federal Reserve chairman Jerome Powell holds the line on interest rates, vowing the Fed will do “whatever we can, for as long as it takes” to buttress the country’s pandemic-rocked financial system. – Forbes

https://www.forbes.com/sites/jjkinahan/2020/06/10/whatever-we-can-for-as-long-as-it-takes-fed-committed-to-long-term-economic-support-with-low-rates/#6dd99d2053c3

Timothy Renshaw, managing editor:

Interesting insights on why some analysts see the U.S. dollar headed off a cliff with President Trump at the helm; another indicator that the 21st is not shaping up to be a great century for a country that owned the 20th. – Bloomberg Opinion

https://www.bloomberg.com/opinion/articles/2020-06-08/a-crash-in-the-dollar-is-coming?