FT News Briefing

Global stocks stay optimistic on central banks, Royalty Pharma IPO, US police reform

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Wall Street rallied on expectations of new aid for the US economy from the federal government and central bank, while Royalty Pharma pulled off the biggest US listing of 2020. Plus, protesters are calling to defund police departments in the wake of George Floyd’s death. Alex Vitale, a sociology professor at Brooklyn College, explains what this might look like in practice.

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