econintersect.com
       
  

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.



posted on 22 April 2017

Early Headlines: Global Stocks Gain For Week, Offshore Wind Ready To Boom, Nurse Replaces Surgeon Gen, Treasury Breakout May Be Washout, US Says No To Exxon, And More

Written by

Early Bird Headlines 22 April 2017

Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.

early-bird-301-180


Please share this article - Go to very top of page, right hand side for social media buttons.


Global

Click for larger image.

global.equities.week.2017.apr.21

  • Gigantic Wind Turbines Signal Era of Subsidy-Free Green Power (Bloomberg) Offshore wind turbines are about to become higher than the Eiffel Tower, allowing the industry to supply subsidy-free clean power to the grid on a massive scale for the first time. Manufacturers led by Siemens AG are working to almost double the capacity of the current range of turbines, which already have wing spans that surpass those of the largest jumbo jets. The expectation those machines will be on the market by 2025 was at the heart of contracts won by German and Danish developers last week to supply electricity from offshore wind farms at market prices by 2025.

Just three years ago, offshore wind was a fringe technology more expensive than nuclear reactors and sometimes twice the cost of turbines planted on land. The fact that developers such as Energie Baden-Wuerttemberg AG and Dong Energy A/S are offering to plant giant turbines in stormy seas without government support show the economics of the energy business are shifting quicker than anyone thought possible -- and adding competitive pressure on the dominant power generation fuels coal and natural gas.

U.S.

In what’s been dubbed "economic nationalism week" inside the White House, Trump has posed for photos while signing executive actions on trade, foreign hiring and U.S. manufacturing. He said at Snap-On Inc. in Kenosha, Wisconsin, on Tuesday that he is sending “a powerful signal to the world: We’re going to defend our workers, protect our jobs and finally put America first."

The executive order and a memorandum Trump signed, however, simply direct federal agencies to spend months studying issues and making recommendations. Whether any policy changes result that eventually create jobs is unclear. While studies can be valuable, they shouldn’t be confused with actions that affect the economy or unemployment, analysts and economists said.

The list of donors to the 58th Presidential Inaugural Committee is rife with apparently fictitious names and other attempts to conceal the identity of the donor. As we reported on Thursday, the committee’s filing listed a $25,000 donation falsely identified as a gift from Katherine Johnson, the famed NASA mathematician and physicist who was portrayed in the film “Hidden Figures."

Click to view readable image of entire data file.

donors.inauguration

Click for large image.

UK

uk.no.coal

Russia

  • U.S. will not give Exxon permission to drill in Russia (Reuters) The United States will not make an exception for American companies, including oil major Exxon Mobil Corp, seeking to drill in areas prohibited by U.S. sanctions on Russia, Treasury Secretary Steven Mnuchin said on Friday. The unusually direct statement served to clarify that the United States would maintain a tough stance on sanctions against Moscow.

India

  • India visit 'very productive' despite controversy, says Sajjan (BBC News) Canada's Defence Minister Harjit Sajjan says his official visit to India has been "very productive" despite political tensions. Mr Sajjan says he has been able to bolster ties between India and Canada. Punjab's top elected official had accused him of sympathising with a Sikh independence movement, which he denies. Mr Sajjan also distanced himself from a recent motion passed by a Canadian provincial legislature describing 1984 anti-Sikh riots as "genocide". The Canadian minister's six-day trip is meant as an opportunity to strengthen security and defence relations between the two nations, and he has met with his Indian counterparts and business executives. But it hit turbulence when Punjab Chief Minister Amarinder Singh alleged on a television program that Mr Sajjan was "a Khalistani sympathiser". The Khalistan movement seeks to create a separate independent Sikh homeland in the Sikh-dominated northern state of Punjab. Harjit Sajjan is pictured below during his visit to India.

Afghanistan

  • Death toll in Afghan base attack rises to 140, officials say (Reuters) As many 140 Afghan soldiers were killed on Friday by Taliban attackers apparently disguised in military uniforms in what would be the deadliest attack ever on an Afghan military base, officials said. One official in the northern city of Mazar-i-Sharif, where the attack occurred, said on Saturday at least 140 soldiers were killed and many others wounded. Other officials said the toll was likely to be even higher.

China

  • China Should Open Service Sector to Boost Trade Flows, IMF Says (Bloomberg) China should open up its services sector to ease trade tensions with the U.S. and bolster global trade, according to a senior official from the International Monetary Fund. The medical, health, legal and financial services sectors are among areas that could be liberalized, Changyong Rhee, the Asia-Pacific director at the IMF, said in an interview at a gathering of finance and economy ministers in Washington. “China can gain a lot by opening its services sector" and having more trade with the U.S., said Rhee.

Australia

  • US to honour 'dumb' Australia migrant deal (BBC News) The United States has confirmed it will be going through with a migrant resettlement plan made with Australia. US President Donald Trump once called the deal, which was agreed under his predecessor, "dumb". The agreement allows for up to 1,250 asylum seekers to Australia to resettle in the US. In return, Mr Turnbull's administration has agreed to resettle people from Guatemala, Honduras and El Salvador who have sought asylum in the US.

>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical News Post Listing










Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.




Econintersect Contributors








search_box
Print this page or create a PDF file of this page
Print Friendly and PDF


The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.







Keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government





























 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved