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Early Headlines: Asia Markets, Japan Stocks Down, Dollar Up, Oil Down, Gold Up, Yields Down, Bolton Book, China Virus, Kobe Bryant, Grammies, Impeachment, Pirro And Giuliani, Turkey Quake, Brazil Flood, Plus More – 23 Articles, 11 Graphics

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Written by Econintersect

Early Bird Headlines 27 January 2020.

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, published Monday, Wednesday and Friday, 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


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Key Articles

Global

  • Japan trades lower as many Asian markets remain closed for Lunar New Year (CNBC) Japan traded lower on Monday as investors appeared to be wary about the fast-spreading coronavirus, which started in the Chinese city of Wuhan. The dollar index traded higher at 97.860, climbing from an earlier low around 97.783. U.S. crude futures fell 2.36% to $52.91 a barrel while global benchmark Brent was down 2.22% to $59.34. Spot gold was up 0.57% to $1,579.29 an ounce while U.S. gold futures rose 0.45% to $1,578.9. Bond yields fell.

asia.pac.2020.jan.27

treasuries.2020.jan.27

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U.S.

  • Trump Tied Ukraine Aid to Inquiries He Sought, Bolton Book Says (The New York Times) President Trump told his national security adviser in August that he wanted to continue freezing $391 million in security assistance to Ukraine until officials there helped with investigations into Democrats including the Bidens, according to an unpublished manuscript by the former adviser, John R. Bolton.

The president’s statement as described by Mr. Bolton could undercut a key element of his impeachment defense: that the holdup in aid was separate from Mr. Trump’s requests that Ukraine announce investigations into his perceived enemies, including former Vice President Joseph R. Biden Jr. and his son Hunter Biden, who had worked for a Ukrainian energy firm while his father was in office.

John.Bolton.NYT.2020.jan.26

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  • In Impeachment Trial, Geography Dictates Politics (The New York Times) When Secretary of State Mike Pompeo, in a curse-laden tirade to a reporter on Friday, asked, “Do you think Americans care about Ukraine?” he was getting at an essential element of President Trump’s defense in the impeachment trial. White House officials are convinced that Americans are indifferent to what happens in the struggling former Soviet republic, and they may well be right.

But the impeachment trial is about more than the fate of Ukraine – and whether Mr. Trump sold it out for a “domestic political errand,” as his former adviser, Fiona Hill, put it so bitingly.

China

  • China coronavirus: WHO to hold special meeting in Beijing as death toll jumps (The Guardian) Officials have postponed the end of the lunar new year holidays as spread of virus continues and lockdowns expand. The head of the World Health Organisation will hold a special meeting with officials in Beijing on Monday to discuss how to contain the coronavirus that has killed 80 people and left more than 400 in a critical condition.

In an effort to reduce chances of infection during what is China’s busiest travel season, officials announced the end of this week’s lunar new year holiday would be postponed until at least 2 February. Authorities have also widened sweeping restrictions on travel across the country.

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Other important articles

U.S.

  • Kobe Bryant, others killed in Calif. helicopter crash; recovery operation will take days (Los Angeles Times) The 9 dead include Byrant’s 13-year old daughter. The crash happened at a time LA police helicopters were grounded because of dangerous fog conditions.
  • Grammy awards 2020: full list of winners (The Guardian)
  • Louise Linton, wife of Treasury Secretary Steve Mnuchin, deletes post siding with Greta Thunberg (CNBC)
  • Impeachment Week Recap: Dems Make Their Case, Trump Team Goes On Defense And Witness Fight Looms (Newsweek)
  • Dershowitz changes his mind on impeachment requirements, argues crime must be committed (Fox News)
  • Democrats rebut White House case, point by point. (The New York Times)
  • Giuliani: I can’t sit by and watch my country be sold out by Joe Biden (Fox News, YouTube)

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  • Fox News Host Jeanine Pirro Confronts Giuliani to Reveal ‘Evidence’ of Biden’s Alleged ‘Corruption’ (Newsweek)

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  • New audio and video undermine President Trump’s claim about Lev Parnas (CNN, YouTube)

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EU

  • Brexit: EU will have upper hand in trade talks, says Varadkar (The Guardian)
  • China is a massive headache for Europe (CNN)

UK

  • Global Talent visa: New system to keep UK ‘open to talented scientists’ (BBC News)
  • Brexit explained: how it happened and what comes next (The Guardian)

Turkey

  • Turkey searches for last people missing from quake that killed at least 38 (Reuters) A magnitude 6.8 quake struck in eastern Turkey on Friday evening.

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Iraq

  • 3 rockets hit US Embassy compound in Baghdad, no injuries reported: Sources (ABC News)

India

  • Amazon wants to help create a million new jobs in India (CNN)

North Korea

  • China’s digital yuan could help North Korea evade US sanctions, launch missiles, experts say (CNBC)

Australia

  • Australia’s rainy respite from bushfires seen ending (Reuters) Fires may start spreading again.

Brazil

  • Brazil floods: Dozens dead in severe Minas Gerais rainstorms (BBC News)

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Mexico

  • ‘Mexico has become Trump’s wall’: how Amlo became an immigration enforcer (The Guardian)

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