Politics
Housing Prices Reach New Record After Restrictions Lift – Ongoing Updates
3) Coach bosses warn 27,000 jobs will be at risk this winter: Chiefs are calling on ministers to stop lenders from returning coaches to give operators a respite during a traditionally quieter period. This follows the loss of 2,500 roles when owner Shearings moved to administrative work in May.
4) The rise and fall of ITV amid the fall of the FTSE 100: There were high hopes for ITV at the beginning of the year. The Euro 2020 football tournament is just around the corner, and Winter Love Island is about to start – both of which attract advertisers. A few months later, reality hit hard.
5) Ted Baker founder Ray Kelvin has appointed a representative to the board of the company18 months after he stepped down from his position as chief due to a “forced hug” scandal and allegations of inappropriate behavior towards staff. The retailer named Colin La Fontaine Jackson as a nominee director on behalf of Mr. Kelvin, who still owns nearly 12% of the business.
What happened overnight
ANDSyria stocks were mixed on Wednesday after another rally in the US driven by positive economic data, although the coronavirus pandemic has forced regions around the world to grapple with recessions.
Landmarks rose in Tokyo and Sydney, but fell in Hong Kong and Shanghai.
Australia reported the largest drop in GDP on record – 7% in the April-June quarter. This led to the country’s first recession in 30 years.
Nevertheless, regional market sentiment was supported by some better-than-expected data on the US economy.
Japan’s benchmark Nikkei 225 index climbed 0.3% in morning trading to 23,204.94. Australia’s S & P / ASX 200 rose 1.5% to 6043.20. South Korean Kospi unchanged at 2350.10. The Hong Kong Hang Seng fell 0.5% to hit 25,059.92 while the Shanghai Composite fell 0.5% to 3393.58.
Wall Street kicked off September with another major milestone on Tuesday, as an afternoon rally pushed the composite S&P 500 and Nasdaq to record highs.
Come today
Intermediate results: Eddie Stobart
Full year: Barratt Developments
Economy: Bailey, Ramsden and Vliege of the Bank of England on a special committee of the Treasury (UK); ADP Employment Change, Factory Orders (US)
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Politics
The dollar continues to reflect the political scenario
Yesterday, financial agents evaluated the opposite decision of the Federal Supreme Court (STF) regarding the so-called secret budget. In addition, a decision was made by STF Minister Gilmar Méndez to issue an injunction that would exclude the Bolsa Família from the spending cap rule, with investors trying to understand how this measure would affect the processing of the transitional PEC in the Chamber of Deputies. Oh this PEC!!!!
Since he is an exchange investor, any reading that the budget will be exceeded or become more flexible will negatively affect the exchange market, whether through the PEC or in any other way. We will continue with volatility today.
Looking beyond, the US Central Bank (Fed), although slowing down the pace of monetary tightening at its December meeting, issued a tougher-than-expected statement warning that its fight against inflation was not yet over, raising fears that rising US interest rates will push the world’s largest economy into recession.
The currency market continues to react to political news. The voting on the PEC is saved for today. It is expected that it will indeed be reviewed to open the way tomorrow for discussions on the 2023 budget.
For today on the calendar we will have an index of consumer confidence in the eurozone. Good luck and good luck in business!!
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Politics
Andrés Sánchez consults with the Ministry of Sports, but refuses a political post.
The former president of the Corinthians dreams of working for the CBF as a national team coordinator. He was consulted shortly after Lula’s election.
Former Corinthians president Andrés Sánchez was advised to take a position in the Ministry of Sports under the administration of Lula (PT). However, he ruled out a return to politics. dreams of taking over the coordination of CBF selectionHow do you know PURPOSE.
No formal invitation was made to the former Corinthian representative, only a consultation on a portfolio opportunity with the new federal government, which will be sworn in on January 1, 2023.
Andrés was the Federal MP for São Paulo from 2015 to 2019. At that time he was elected by the Workers’ Party. However, the football manager begs to stay in the sport, ruling out the possibility of getting involved in politics again.
Andrés Sanchez’s desire is to fill the position of CBF tackle coordinator, which should become vacant after the 2022 World Cup. Juninho Paulista fulfills this function in Brazil’s top football institution.
The former president of Corinthians was in Qatar to follow the World Cup along with other figures in Brazilian football. During his time in the country, he strengthened his ties with the top leadership of the CBF.
Editors’ Choice
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Politics
The EU has reached a political agreement on limiting gas prices – 19.12.2022
The agreement was approved by a supermajority at a ministerial meeting of member states in Brussels, Belgium, after months of discussions about the best way to contain the rise in natural gas prices in the bloc caused by Russia’s invasion of Ukraine. .
The value set by the countries is well below the proposal made by the European Commission, the EU’s executive body, in November: 275 EUR/MWh. However, the countries leading the cap campaign were in favor of an even lower limit, around 100 EUR/MWh.
Germany, always wary of price controls, voted in favor of 180 euros, while Austria and the Netherlands, also skeptical of the cap, abstained. Hungary, the most pro-Russian country in the EU, voted against.
The instrument will enter into force on 15 February, but only if natural gas prices on the Amsterdam Stock Exchange exceed 180 euros/MWh for three consecutive days. In addition, the difference compared to a number of global benchmarks should be more than 35 euros.
Italy, the EU’s biggest supporter of the ceiling, has claimed responsibility for the measure. “This is a victory for Italy, which believed and worked for us to reach this agreement,” Environment and Energy Minister Gilberto Picetto tweeted.
“This is a victory for Italian and European citizens who demand energy security,” he added.
Currently, the gas price in Amsterdam is around 110 EUR/MWh, which is already a reflection of the agreement in Brussels – in August the figure even broke the barrier of 340 EUR/MWh.
However, Russia has already threatened to stop exports to countries that adhere to the ceiling. (ANSA).
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