SQUAWK BOX, TUESDAY 12TH JANUARY, 2021

Squawk Box Europe Express

The U.S. House of Representatives moves to introduce an article of impeachment against President Trump which it plans to vote on tomorrow, a week after the deadly storming of the Capitol. As a result, Big Tech firms join other corporates in suspending political donations. However, social media giant Twitter sees shares nosedive over a growing backlash against the permanent banning of the U.S. president from its platform, along with more than 70,000 other accounts. German Chancellor Angela Merkel weighs in on the purge, calling it a “problematic” violation of the right to free speech. Goldman Sachs brings forward its $65 call on the oil price from the early end of Q2. Its commodities chief Jeff Currie tells CNBC that by 2022, oil is set to rebound to levels higher than before the pandemic.

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