▼ -27.38 / -0.12%
▲ +54.02 / +1.68%
▼ -436.41 / -0.45%
▼ -10.15 / -0.40%
▲ +74.53 / +0.19%
▲ +161.39 / +0.57%
▲ +9.02 / +0.07%
▲ +326.82 / +0.81%
▲ +38.62 / +0.65%
JSE Top 40
▲ +649.81 / +1.30%
- SSE Composite: In comparison with other Asian markets, the Shanghai’s SSE Composite index closed up a fair amount this Friday, nearly 2%.
- IBEX: Spain’s IBEX closed down this past week, amid growing concerns about the country’s second wave of coronavirus infections.
- Bovespa: In Latin America, Brazil’s Bovespa index closed down this past week and appears to be down nearly 4% over this past month, as the pandemic continues to paralyze the country.
Last Week’s Highlights
Indonesian Protests over New Legislation
In the Southeast Asian country of Indonesia, protests have broken out after the government announced new legislation that would change the country’s working environment. What the protesters are primarily concerned about are the potential rights that many would lose, especially women. The city of Jakarta has seen massive fires and displays of discontent, with hundreds detained.
VP Debate Focuses on COVID-19
This past week, Senator Kamala Harris and Vice President Mike Pence faced off in the US’ VP debate. Understandably, the current pandemic was a central topic of the debate. In an interesting turn, Senator Harris appeared to appeal heavily to those voters who lean more toward the center. Both parties also seemed clearly focused on maintaining a civil and clean debate, something that cannot be said for President Donald Trump and Vice President Joe Biden’s prior debate.
Coming Up This Week
Europe’s Second Coronavirus Wave
As COVID-19 maintains its grip on the world, several European countries have begun to experience an even stronger second wave of the pandemic. Among these countries is the UK, with the number of reported cases jumping up 3,000 from Wednesday to Thursday. Additionally, Spain and France have found themselves in similar situations. The question now remains of how these countries will manage new infections, and if Sweden’s unique approach will prove successful moving forward.
Huawei Accused of Collusion
Legislators in the United Kingdom have announced worries that telecommunications giant Huawei colluded with the Chinese government. Now, these same representatives have suggested that Huawei be banned from the UK starting in 2025, two years sooner than originally expected. This news only adds to a global conversation about the use of Huawei, especially previous actions to block the company in Australia and the United States.
More Things to Sip On…
The governor of Michigan, USA is saved by the FBI from a kidnapping scheme.
SpaceX inches closer and closer to Mars.
Turkey’s currency, the lira, experiences intense value depreciation.
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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