Live Breaking News & Updates on பாலிடிக்ஸ் சர்வதேச உறவுகள்

Stay informed with the latest breaking news from பாலிடிக்ஸ் சர்வதேச உறவுகள் on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in பாலிடிக்ஸ் சர்வதேச உறவுகள் and stay connected to the pulse of your community

Gensler Named New Watchdog of Wall Street


By
Liz Moyer
Order Reprints
Text size
Gary Gensler, pictured here in 2012, has been nominated by President-elect Joe Biden to be chairman of the Securities and Exchange Commission.
Alex Wong/Getty Images
President-elect Joe Biden’s nominee to be Wall Street’s watchdog is returning to familiar ground.
Gary Gensler, nominated to be chairman of the Securities and Exchange Commission, the campaign announced on Monday, is a former
Goldman Sachs
partner and Treasury Department official who led the Commodity Futures Trading Commission during President Barack Obama’s administration.
At the CFTC, Gensler helped instill new discipline and rules for governing the multi-trillion-dollar derivatives market, including the 2010 Dodd Frank regulatory reforms enacted in response to the 2008 financial crisis.

Barack-obama , Alex-wong-getty , Joe-biden , Jon-corzine , Gary-gensler , Liz-moyer , Jay-clayton , Dodd-frank , Exchange-commission , Commodity-futures-trading-commission , Treasury-department , Goldman-sachs

News Updates: Biden Plans Executive Orders to Undo Trump Policies


Here’s what you need to know to navigate the markets today.

President-elect Joe Biden is planning a flurry of executive orders after his inauguration to roll back some of the most contested policies of the Trump administration, incoming chief of staff Ron Klain said. Hours after he takes office, Biden will end Trump’s restriction on immigration from some majority-Muslim countries, rejoin the Paris climate agreement, and mandate mask-wearing on federal property and during travel. Those initial actions will be followed by a number of executive orders over the course of Biden’s first 10 days in office, including extending the pause on federal student-loan payments and other actions addressing issues like criminal justice, immigration, and climate change that can be taken without congressional approval.

United-states , Delaware , South-africa , California , Paris , France-general , France , Brazil , American , Scott-gottlieb , Anthony-fauci , Joe-biden

Carrefour Shows Why Government Meddling May Be New Post-Covid Normal


French retail giant Carrefour supermarket in Saint-Herblain, outside Nantes.
Getty Images
Who remembers today that back in 2017, Bruno Le Maire ran for the presidential nomination in his conservative party’s primary on a 1,000-page platform advocating sweeping free-market reforms and the end of state meddling in the economy?
Three years on, Le Maire, now the French economy and finance minister and one of the most prominent members of President Emmanuel Macron’s government, is proving one of the most interventionist economy ministers of later years. And he has shown a particular dislike for the acquisitions of French companies by foreign competitors.

Couche , Poitou-charentes , France , Canada , Paris , France-general , Quebec , Saint-herblain , Pays-de-la-loire , French , Canadian , Bruno-le-maire

Brazil's Bargain Basement Stocks Are Drawing Investors


By Craig Mellow
Order Reprints
Print Article
People at a market under a Brazilian flag in Rio de Janeiro, Brazil, on Dec. 08, 2020 amid the coronavirus pandemic.
MAURO PIMENTEL/AFP/Getty Images
Brazil is a hard place to be optimistic about. Liberal spending to offset rampaging Covid-19 led to a gaping budget deficit last year, and national debt nudging 100% of GDP. 
The economy contracted more than 4% despite this stimulus. Politicians are taking their time about righting the ship for 2021. Congress, home to some 30 competing parties, is set to wrangle over new leadership for the rest of January, then take much of February off for Carnival.  A second pandemic wave gathers force in the meantime, with case counts...

Rio-de-janeiro , Estado-do-rio , Brazil , United-states , Brazilian , American , Alberto-ramos , Verena-wachnitz , Sergio-vale , Pablo-riveroll , Jair-bolsonaro , Goldman-ramos

Why Inflation Worries Won't Derail the Stock Rally Soon


Order Reprints
Text size
Rising inflation expectations aren’t likely to kill the stock rally. Here, the scene on the New York Stock Exchange floor on Wednesday.
NYSE
Inflation expectations have leapt recently amid the promise of more federal pandemic stimulus and the Federal Reserve’s reiteration of easy-money policies, but the stock rally that kicked off last spring appears primed to power through such concerns.
The 10-year break-even rate—or the gap between yields on Treasuries and comparable Treasury inflation-protected securities—jumped to just above 2% to start 2021 from just below that level and have risen sharply since early November. Since Jan. 5, just before the Georgia Senate runoff results showed the Democrats would take control of the Senate, Treasury yields have spiked. That’s because the Democrats’ plan for more fiscal spending to support the economy may cause some inflation. Market-implied 30-year break-even inflation rates could be set to break out, Société Générale strategist Albert Edwards wrote in a note.

Georgia , United-states , Albert-edwards , Steven-englander , Jacob-sonenshine , York-stock-exchange , Georgia-senate , Value-index-fund , New-york-stock-exchange , Federal-reserve , Standard-chartered-bank , Index-fund

Buy Anthem Because It Should Benefit From a Biden Stimulus, Analyst Says


Anthem could benefit as the labor market recovers, says Jefferies.
Dreamstime
Managed care stocks that focus on the government-funded insurance market have jumped in the week since Democrats secure control of the Senate, as investors have begun to anticipate an expansion of Obamacare, and even a public option.
Shares of Centene Corporation (CNC) are up 6.5% since the market closed on January 5, while shares of
Molina Healthcare
(MOH) are up 3.6%. The
S&P 500,
which is up 1.8% over the same period.
But in a note out Friday morning, Jefferies analyst David Windley argues that investors are too optimistic that the Biden administration will drive up managed care stocks in the near term by significantly expanding government-funded coverage.

Washington , United-states , David-windley , Josh-nathan-kazis , Magellan-health , Democratic-senate , Centene-corporation , Molina-healthcare , Care-sector , Dow-jones-industrial-average , Insurance , Non-life-insurance

U.S. Finds European Digital Taxes Discriminatory. A Decision on Tariffs Rests With Biden.


What’s new. The USTR said late on Thursday that it found the digital service taxes in the U.K., Spain, and Austria to be discriminatory against U.S. companies and “inconsistent with prevailing principles of international taxation.”
“The taxation of companies that engage in international trade in goods and services is an important issue,” said Robert Lighthizer, the U.S. Trade Representative. “The best outcome would be for countries to come together to find a solution.”
No actions will be immediately taken on the taxes, which the USTR said burden or restrict U.S. commerce, as investigations continue into similar taxes in the European Union, the Czech Republic, Brazil, and Indonesia. The office said it will keep evaluating all available options, which could include tariffs on imports.

India , White-house , District-of-columbia , United-states , Brazil , Italy , Czech-republic , Austria , Indonesia , Spain , France , Turkey

A Review of Trump: Tax Cuts, Trade Wars, and a Spending Boom

Trump’s trade conflicts, deregulation, immigration restriction, tax cuts, and military buildup had little impact on the U.S. economy in either direction. But the change of leadership at the Federal Reserve was significant and could have long-lasting benefits, writes Matthew C. Klein.

United-states , Americans , Brendan-smialowski , President-trump , Getty-images , Economic-performance-indicators , Economic-news , Political-general-news , Politics-international-relations , Domestic-politics , Regional-politics