U.S. government shuts down as talks collapse

The U.S. government shuts down after Democrats and Republicans failed to agree on a federal funding deal. President Trump has warned of lay-offs. Ahead of today’s EU summit in Copenhagen, we speak exclusively to Luxembourg’s Prime Minister, Luc Friedman, who says that the bloc must provide stronger deterrence in the face of an increasingly hostile Russia. Sports giant Nike posts a surprise growth in sales which has pushed its stock up by almost 5 per cent as its turnaround strategy begins to pay off. The retailer warned, however, that progress will not necessarily be linear.

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