Macro Briefing: 28 January 2021

* Biden pauses oil drilling on federal lands amid focus on climate change
* China issues new warning on Taiwan via increasingly belligerent tone
* Sec. of State Antony Blinken criticizes Russia’s treatment of Alexei Navalny
* Biden administration reviewing US weapons sales to Gulf Arab states
* US Q4 growth expected at 4%-plus annual pace in today’s Q4 GDP report
* Wave of US store closures in 2021 due to Covid-19, research group predicts
* Can vaccines eliminate coronavirus? Maybe not
* Fed leaves rates near zero, says economic growth has slowed
* US core capital goods orders rose for eighth straight month in December: