Wang Yi of the Blinken Conference stresses the importance of peace in the Taiwan Strait
On Friday (23), US Secretary of State Antony Blinken held a bilateral meeting with Chinese State Councilor and Foreign Minister Wang Yi on the sidelines of the United Nations General Assembly, the first since the two met at the meeting of G20 (G20) foreign ministers in Indonesia in July During their first meeting, Blinken stressed to Wang Yi that it is essential to maintain peace and stability in Taiwan.Read the full article …
The demand for chips is getting worse, everyone is correcting the inventory
AMD (AMD-USA) closed Friday more than 2% down, as Morgan Stanley analysts see AMD’s performance as a particular concern during tough times for the chip industry.Read the full article …
Powell says the US economy will enter the “new normal” without mentioning interest rates, the economic outlook
The US economy could enter a “new normal” after disruptions due to the coronavirus pandemic, Federal Reserve Chairman Powell said in a speech to a “Fed Listens” (New Normal) panel on Friday, and will continue to cope. to a number of unusual ailments. But Powell did not address the outlook for interest rates in his speech, nor did he provide further details on the economic outlook.Read the full article …
The UK faces a currency crisis, Citi estimatesGBPIt can go down to par with the dollar
Britain on Friday (23) sacrificed a value of 45 billionGBPAfter the tax cut,GBPThe exchange rate against the US dollar has depreciated by more than 3%, setting a new low in 37 years. Market analysts have said that the UK runs the risk of a currency crisis, which could lead toGBPFor the first time in history, the exchange rate against the US dollar has reached parity,GBPIts all-time low was close to $ 1.05.Read the full article …
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