The Reuters Daily Briefing – Wednesday, November 24, 2021

Fonte: Reuters

WORLD

Social Democrat Olaf Scholz moved closer to becoming German chancellor after agreeing on a coalition deal that aims to modernize Europe’s largest economy, accelerate its green transition and bring the curtain down on the Angela Merkel era. Here are the main policy goals of the coalition partners.

Russia staged military drills in the Black Sea, south of Ukraine, and said it needed to sharpen the combat-readiness of its conventional and nuclear forces because of heightened NATO activity near its borders. Ukraine staged exercises of its own near the border with Belarus.

The Biden administration has invited Taiwan to its ‘Summit for Democracy’ next month, a move that infuriated China, which views the democratically governed island as its territory. The State Department’s invitation list for the virtual event does not include China or Russia.

The United Arab Emirates has held talks with the Taliban to run Kabul airport, going up against Gulf rival Qatar in a diplomatic tussle for influence with Afghanistan’s new rulers, according to sources with knowledge of the matter.

Social Democrat leader Magdalena Andersson became Sweden’s first female prime minister, and immediately faced a crisis over a budget vote that her government looked set to lose.

BUSINESS

Turks attempting to buy iPhones and other electronics received online error messages, including from Apple’s local website, after a historic 15% plunge in the lira yesterday caused havoc. Goods priced in the local currency have seen an effective sharp discount compared to prices elsewhere, with retailers struggling to keep up with price adjustments amid the market turmoil.

A global shortage of nitrogen fertilizer is driving prices to record levels, prompting North America’s farmers to delay purchases and raising the risk of a spring scramble to apply the crop nutrient before planting season. Farmers apply nitrogen to boost yields of corn, canola and wheat, and higher fertilizer costs could translate into higher meat and bread prices.

Samsung Electronics has picked Taylor, Texas as the location for a new $17 billion plant to make advanced chips for functions such as mobile, 5G, high-performance computing and artificial intelligence. The plant will create 2,000 high-tech jobs with construction to begin in the first half of next year.

Orange CEO Stephane Richard said it was up to the board of France’s biggest telecoms company to decide whether he should remain after a Paris appeal court convicted him of complicity of misuse of public funds. Richard said in a statement he would appeal the court’s verdict, which handed him a one-year suspended prison sentence, adding it was “deeply unfair”.

A patch of virtual real estate in the online world Decentraland sold for a record $2.4 million worth of cryptocurrency. The ‘metaverse’ allows users to buy land, visit buildings, walk around and meet people as avatars.

The Reuters Daily Briefing – Monday, November 22, 2021

Fonte: Reuters

WORLD

Riots broke out in cities across the Netherlands, the third night in a row that police clashed with mobs of angry youths who set fires and threw rocks to protest COVID-19 restrictions. There were also clashes in Brussels with police firing water cannon and tear gas at demonstrators throwing rocks and smoke bombs.

Chile is headed for a polarized presidential election runoff next month after hard-right former congressman Jose Antonio Kast finished on top in the first-round vote, ahead of leftist lawmaker and former protest leader Gabriel Boric.

Polish Prime Minister Mateusz Morawiecki warned that the migrant crisis on the Belarus border may be a prelude to “something much worse”, and Poland’s border guard said Belarusian forces were still ferrying migrants to the frontier.

The United Nations pushed for urgent action to prop up Afghanistan’s banks, warning that a spike in people unable to repay loans, lower deposits and a cash liquidity crunch could cause the financial system to collapse within months.

Chinese President Xi Jinping told leaders of the 10-country Association of Southeast Asian Nations at a summit that Beijing would not “bully” its smaller regional neighbors, amid rising tension over the South China Sea.

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