▲ +77.72 / +0.27%
▲ +7.70 / +0.21%
▼ -83.28 / -0.06%
▲ +24.77 / +0.79%
▲ +1,121.08 / +2.22%
▼ -67.59 / -0.19%
▲ +4.03 / +0.03%
▲ +228.46 / +0.44
▲ +14.28 / +0.20%
JSE Top 40
▼ -265.36 / -0.43%
- SSE Composite: The SSE Composite in China seems to have shown relatively slow growth over the last week and month.
- Dow Jones: The US’ Dow Jones index appeared to stay on a relatively moderate track over the past week.
- FTSE 100: As the UK starts to open up more and more, the FTSE index appears to be slowly inching toward growth once again.
Last Week’s Highlights
Google Bows Down to France
Tech giants have faced legal trouble and intense scrutiny over the last decade in Europe, often with large settlements to pay. In the latest chapter, France has gone to court with Google over advertising rules and regulations. This time, the company faced monopoly charges over unethical use of personal data. Though it may seem like a drop in the bucket for Google at $267 million in settlement money, the case represents a new precedent for big tech companies.
G7 Tax Agreement Could Push Through
This past weekend, former FED leader and now US Treasury Secretary Janet Yellen announced a new plan to cooperate internationally to level taxes. This deal could prove monumental, as it’s aim is to set a minimum tax percentage to cut down on havens for businesses to take advantage of. However, critics claim that increased taxes could negatively impact businesses.
Coming Up This Week
Bezos Brothers Are Going to Space
Jeff Bezos’ company Blue Origin has been planning a highly anticipated space trip for the last while. Though the company has already completed numerous test runs, not a single person has been on board to experience Bezos’ dream. In July of this year, it will become reality, with Jeff Bezos and brother Mark on board to be among the first.
US Visit to Taiwan over Vaccines
In what many are taking as a medical diplomacy effort, the United States announced that it will provide three-quarters of a million vaccines to the island of Taiwan. Taiwan’s territory has been long disputed, with China claiming ownership and many residents claiming independence. Though the Chinese government denies involvement, some claim that it has made efforts to starve the island of vaccine access. With the US now donating vaccines, Beijing could take this action as an affront to their control in the region.
More Things to Sip On…
Is high work-from-home productivity enough for companies? Many aren’t sure.
In the financial hub of Miami, Bitcoin is a big deal.
The US still seems so behind on climate change actions.
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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