• Trump Demands ‘Commitment’ From BRICS on Using US Dollar
“The idea that the BRICS Countries are trying to move away from the dollar while we stand by and watch is OVER. … will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy.” BRICS countries are Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, UAE.
• Trump Picks Loyalist ‘Deep State’ Critic Patel to Head FBI
Trump has been criticizing FBI for being corrupt. FBI searched Mar-a-Lago in 2022.
• Rush to ‘Value Up’ May Be Asian Stocks’ Best Defense From Trump
The article’s focus is on Japan, Korea, Singapore, China, India’s endeavor to boost stocks through enhanced governance and returns to shareholders. Doesn’t discuss how it would be a defense against Trump.
• JPMorgan Rejects Transition-Finance Trend Gripping Wall Street
JPMorgan’s Linda French deems the allocation of capital to help cut carbon emissions are in the gray zone and that finance will move when it makes economical sense.
• Saudi Arabia’s US Treasury Holdings Hit Highest Since 2020
US Treasuries accounts for 35% of Saudi Central Bank’s foreign assets as of last month, positioning Saudi to be in amicable relations with the US.
• HK Finance Chief Expects 50% Jump in Airport Capacity by 2035
• Korea Official Sees Need to Lift US Energy Imports, Yonhap Says
Korea is expecting pressure from Trump to buy more from US.
• Bond Vigilantes Upend France’s Debt Market: Credit Weekly
The tight-spending budget failing to pass, worries over France’s deficit are weighing on the countries sovereign borrowing cost.
• Baidu Wins First License to Test Self-Driving Car in Hong Kong
10 Baidu vehicles will operate in Lantau area.
