Shorts – Summaries

The Day Today 14th June 2021

Boris Johnson will do “whatever it takes to protect the territorial integrity of the UK” UK delays June 21st lockdown easing by four weeks, although large weddings may be allowed G7 agree to ‘green belt and road’ to counter China’s influence Elon Musk Tweet said “When there’s confirmation of reasonable (~50%) clean energy…Tesla will resume…

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The Week That Will Be (13th June 2021)

1. The Fed The latest quarterly Summary of Economic Projections will no doubt revise up forecasts for growth and inflation in the short term (whilst keeping a lid on both in the longer term), and Powell might finally suggest they’re thinking about thinking about tapering at the press conference on Wednesday. But he absolutely does not…

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The Economist: Finance and economics articles summarised

Asset management Foreign firms are entering China’s asset management industry, Goldman Sachs with ICBC, BlackRock with CCB, almost 20 global investors are setting up fund management firms. The $18.8trn industry is set to grow, chart 1. China’s regulators are trying to change how people think about investing. Guaranteed products are banned, these were deposit-like products…

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The Day Today 11th June 2021

10 bipartisan US senators reached an agreement on infrastructure that would not hike taxes China passed a bill aimed at countering sanctions, it was rushed through in secret just a week after the Biden administration’s update to Trump’s rules banning Americans from investing in many Chinese companies G7 summit hotel, housing security staff, forced to…

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The Day Today 10th June 2021

Biden revokes Trump’s TikTok and WeChat bans but sets up a security review Top US and Chinese commerce officials agreed to promote a healthy dialogue about differences Senator Warren wants more crypto regulation as it’s the “wild west” President Biden thinks the UK’s stance regarding the Protocol on Ireland/Northern Ireland is “inflaming” tensions, but they…

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