Chinese economy
Beijing is planning a press conference - the stock exchange is hoping for new support
China's top economic body, the National Development and Reform Commission, plans to hold a press conference on Tuesday to discuss growth-building policies. Investors hope Beijing will announce new stimulus measures, Bloomberg reports.
Morgan Stanley believes that China can come out with a first-rate stimulus package of around 2,000 billion yuan, equivalent to almost 3,000 billion kroner.
Jia Kang, one of China's leading macroeconomic experts, believes the country has room to increase its stimulus by 10 trillion yuan.
Beijing is planning a press conference - the stock exchange is hoping for new support
China's top economic body, the National Development and Reform Commission, plans to hold a press conference on Tuesday to discuss growth-building policies. Investors hope Beijing will announce new stimulus measures, Bloomberg reports.
Morgan Stanley believes that China can come out with a first-rate stimulus package of around 2,000 billion yuan, equivalent to almost 3,000 billion kroner.
Jia Kang, one of China's leading macroeconomic experts, believes the country has room to increase its stimulus by 10 trillion yuan.
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The EU-China relationship
China's revenge may be directed at those who voted for tariffs
China's retaliation against the EU's electric car tariffs against the country can be directed at the member states that voted "yes" to the introduction on Friday. Bloomberg reports.
- Those who voted "yes" will definitely be seen less favorably, says Deborah Elms at the Hinrich Foundation.
France, Denmark, Italy and Ireland were some of the member states that voted in favor, while Germany, Hungary and Slovakia voted no. Spain, like Sweden, abstained from voting.
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Extreme weather pushes up food prices: Getting worse
The prices of several foodstuffs have risen sharply as a result of extreme weather, which is expected to become more common as climate changes. That's what TT writes.
- Food production is already affected, and will be affected even more in the future, says Elin Röös at SLU, who researches the environmental and climate impact of food.
Among the goods that have already become more expensive are orange juice, chocolate, olive oil, potatoes and wine.
The prices of several foodstuffs have risen sharply as a result of extreme weather, which is expected to become more common as climate changes. That's what TT writes.
- Food production is already affected, and will be affected even more in the future, says Elin Röös at SLU, who researches the environmental and climate impact of food.
Among the goods that have already become more expensive are orange juice, chocolate, olive oil, potatoes and wine.
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The Middle East crisis Israel-Iran
Analyst: Oil over 100 dollars if Hormuz is closed
From an economic perspective, the risk linked to the escalated conflicts in the Middle East is that the unrest shakes the oil market. Something that can cause the price on the world market to rush is that Iran closes the important Strait of Hormuz, says Handelsbanken's commodity analyst Christian Kopfer to Aftonbladet.
- If the Strait of Hormuz is closed for a longer period, the danger is that it will quickly exceed 100 dollars, and then petrol risks costing over 20 kroner.
The Middle East crisis Israel-Iran
Analyst: Oil over 100 dollars if Hormuz is closed
From an economic perspective, the risk linked to the escalated conflicts in the Middle East is that the unrest shakes the oil market. Something that can cause the price on the world market to rush is that Iran closes the important Strait of Hormuz, says Handelsbanken's commodity analyst Christian Kopfer to Aftonbladet.
- If the Strait of Hormuz is closed for a longer period, the danger is that it will quickly exceed 100 dollars, and then petrol risks costing over 20 kroner.
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