Biden Plans, Suez Ship Refloated, Turkey Rates Warning: Eco Day

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Welcome to Monday, Americas. Here’s the latest news and analysis from Bloomberg Economics to help you start the week.

  • President Joe Biden this week will reveal the scope and ambition of his plans to expand and reorient the U.S. government, including the framework for a major infrastructure-and-jobs program and a first glimpse at his 2022 budget
  • The giant container ship blocking the Suez Canal has been partially re-floated. Six thousand miles (9,700 kilometers) away, a multinational business has one eye on the trade artery and another on ways to minimize fallout on the $2.8 billion company
  • Meanwhile, ship congestion outside the biggest U.S. gateway for Asian imports worsened, highlighting a headwind facing American companies
  • Turkey’s new central bank govenor said markets shouldn’t take for granted that he’ll cut interest rates as soon as April
  • Britons are being urged to follow the rules as England takes a much-anticipated step toward exiting restrictions that have pummeled the economy
  • Bloomberg Economics previews the week ahead as data already starts to stir vigorously ahead of relaxed social distancing measures, broad vaccinations and the latest round of fiscal stimulus

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