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EU talks on moving forward

newsflight may 17

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Market News

  • S&P 500: The US’s S&P 500 index appears to remain on track for continued growth. 
  • Nikkei 225: The Nikkei 225 index in Japan appeared to take a bit of a dip over last week.
  • DAX 30: Is Germany’s economy back on track? The DAX 30 index could be an indication.

Last Week’s Highlights

EU Leaders Meet, Talks on Moving Forward

European Union leadership met up this past week to discuss the future of the region amid COVID-19 vaccination and new norms. And while increased global cooperation could be on the horizon, there remain questions about just how much control these leaders should have. Stress put on leaders to relax measures and step back from intense pandemic measures appears to be rising.

Hit While Its Down; Scammers Take Advantage in India

As India continues to battle a severe new wave of COVID-19, scammers have begun to take advantage of desperate Indians. A shortage of oxygen tanks has many to seek out their own options for friends and family, with one “company” painting and passing off fire hydrants as such. 

Coming Up This Week

Restaurants Open in the UK

In the United Kingdom and across the world, the question of exactly ~when~ indoor dining will return as a norm has lingered for a while. The answer is now. New policies permitting indoor dining, as well as the opening of museums and more, have been announced by PM Boris Johnson’s government. And although this sounds like a step toward a “new normal”, the execution and specifics could cause confusion among diners and restaurant workers alike.

Tariffs to Be Dropped on Metal Imports

Former President Donald Trump set up tariffs on metal goods coming in from the EU, which proved retaliatory measures from the EU. At the start of March, it appeared that the new Biden administration was taking steps to work with EU officials. This could mean new agreements on steel. 


More Things to Sip On…

Armed conflict in the MIddle East between Israel and Palestine intensifies this week.

Major merger telecommunications connects WarnerMedia and Discovery. 

Protests in Colombia continue to be met by police violence.


Academy

5 Investment Tips To Become A Smart Investor

simple investment tips

“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.”

Learn more »

6 Steps to set your Personal Financial Goals

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.”

Learn more »

20 Side Hustle Ideas to Boost Your Income

side hustle

“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.” 

Learn more »

“During recession greed dies, frugality survives.”
– Amit Kalantri –


Disclaimer
All market information provided was collected in the afternoon of May 7, 2021. The purpose of NewsFlight is to summarize and make accessible information on a variety of topics within the world of investing and personal finance, and thus cannot be considered formal research or reports. All sources utilized to compile the NewsFlight newsletter are considered trustworthy by the FlexInvest team. FlexInvest Limited is not affiliated with and does not receive remuneration from the news sources used to compile NewsFlight. As well, any images or logos incorporated into the NewsFlight newsletter are not necessarily property of FlexInvest and may solely be included to provide context for the news covered. NewsFlight should not be taken as advice to sell or buy securities or to make any investment. When investing in securities or other financial products, there is always the potential to lose money or asset value. FlexInvest recommends that its users consider their investment objectives and risks before investing. Additionally, any projections or analysis made by authors of NewsFlight cannot be considered as a promise of future trends or returns. Opinions expressed in News Flight are not representative of FlexInvest Limited.

All information provided was collected up to the last business day of the previous week of the release of this NewsFlight. The purpose of NewsFlight is to summarize and make accessible information on a variety of topics within the world of investing and personal finance, and thus cannot be considered formal research or reports. All sources utilized to compile the NewsFlight newsletter are considered trustworthy by the FlexInvest team. FlexInvest is not affiliated with and does not receive remuneration from the news sources used to compile NewsFlight. As well, any images or logos incorporated into the NewsFlight newsletter are not necessarily property of FlexInvest and may solely be included to provide context for the news covered. NewsFlight should not be taken as advice to sell or buy securities or to make any investment. When investing in securities or other financial products, there is always the potential to lose money or asset value. FlexInvest recommends that its users consider their investment objectives and risks before investing. Additionally, any projections or analysis made by authors of NewsFlight cannot be considered as a promise of future trends or returns. Opinions expressed in NewsFlight are not representative of FlexInvest.

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