▼ -354.81 / -1.52%
▼ -48.19 / -1.47%
▼ -2,629.76 / -2.72%
▼ -26.84 / -1.10%
▲ +186.48 / +0.51%
▼ -157.51 / -0.59%
▼ -41.59 / -0.36%
▼ -135.78 / -0.34%
▼ -4.48 / -0.08%
JSE Top 40
▼ -103.54 / -0.22%
- Hang Seng: Hong Kong’s Hang Seng index closed down this past week at 1.95%, after a rather tumultuous week.
- CAC 40: As France returns to stricter circulation restrictions, its CAC 40 index closed down over 300 points from its highest point this past week.
- NASDAQ: As the presidential election approaches and COVID-19 continues on, the US’ NASDAQ Composite’s outlook has been looking bleak, closing down 2.45% this past Friday.
Last Week’s Highlights
Earthquake Devastates Turkey and Greece
This past Friday, Greece and Turkey experienced a nearly 7.0 earthquake. Turkey’s President Recep Erdogan announced that he plans to put all available resources toward recovery and reached out to the Greek people and government as well. As of Friday, the death toll had reached 14 people and many others injured, but these numbers are subject to change as search missions begin.
Islam and France’s Fraught Relationship
For years, the French have intended to educate all immigrants in a similar, secular style. As of late, this style has often accompanied ignorance and offensive behaviors by Frenchpeople toward Muslim immigrants. The culmination of cultural misunderstandings has resulted in terrible and violent crimes. Interestingly enough, protests outside of France in majority Muslim countries have broken out, protesting French products and norms.
Coming Up This Week
European Countries to Move Patients Over Borders
The European continent continues to see increasingly worrying signs that this second wave of COVID-19 has hit the region much harder than the first, with little signs of slowing down. As the continent heads into winter, many leaders like Germany’s Angela Merkel are warning of what’s to come. Leading this surge are France, Spain, and the UK, with scary statistics only worsening. In fact, the number of hospitalizations for COVID-19 cases has risen so much that the EU has announced new funding it will provide for patients to be moved across borders to receive treatment.
The Lead Up to the US Presidential Election
As November 3 gets nearer, the noise around the US general election continues to get louder. Polls can’t always accurately predict an outcome, but they do continue to show various results for many swing states. In the final days, both Trump and Biden have made rounds in areas of high importance, hoping to convince voters. The election is so awaited, in fact, that people around the world have begun to make major bets on the candidate they think will win.
More Things to Sip On…
Amid a second wave of COVID-19, the EU could introduce new stimulus options.
The Trump Administration plans to sell US planes to the UAE.
Some candidates for US Congress support conspiracy theories.
5 Investment Tips To Become A Smart Investor
“Why don’t you invest? Or why do your friends not invest? Many millennials report mistrust of the market, lack of know-how, insufficient funds, and student debt as barriers that prevent them from investing.”
6 Steps to set your Personal Financial Goals
“No matter what stage of life you currently find yourself in, we’re pretty sure that you’ve given some thought about both your short- and long-term personal financial goals.”
20 Side Hustle Ideas to Boost Your Income
“A side gig, moonlighting, or, as the kids call it these days, a side hustle is an excellent way to diversify your income, make a hobby profitable, and even build your confidence.”
“During recession greed dies, frugality survives.”
– Amit Kalantri –
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