Key Economic News to Watch This Week: June 17
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The Group of 8 Summit opens in Northern Ireland on Monday and discussions are likely to focus on global economic issues and the efforts to tackle tax evasion, as well as the Syrian civil war. On Wednesday, investors will be looking to Fed Chairman Ben Bernanke’s post policy meeting press conference for clues on when the central bank may start to scale back its $85 billion monthly bond buying programme.
Monday, June 17
The Group of 8 Summit opens in Northern Ireland on Monday and discussions are likely to focus on global economic issues and the efforts to tackle tax evasion, as well as the Syrian civil war. On Wednesday, investors will be looking to Fed Chairman Ben Bernanke’s post policy meeting press conference for clues on when the central bank may start to scale back its $85 billion monthly bond buying programme.
Monday, June 17
The Group of 8 Summit opens in Northern Ireland and discussions are likely to focus on global economic issues and the efforts to tackle tax evasion and aggressive tax avoidance, as well as the Syrian civil war.
Ecuador and Britain to restart discussions over the fate of WikiLeaks founder Julian Assange. Assange, 41, has been in the embassy in Kensington, west London, avoiding extradition to Sweden on sex assault charges involving two women, which he denies. He has been granted political asylum by Ecuador and will, by Wednesday, have been in the embassy for a year. In February, the bill for his 24-hour guard was almost £3m ($4.7 million).
Tuesday, June 18
The European Parliament’s economic-affairs committee will discuss plans for a financial-transactions tax and structural reform of the banking sector.
Related: ECB Offers to Assist in Design of Controversial Financial Transaction Tax
Related: European Commission Approves “Robin Hood” Tax on Financial Transactions
Wednesday, June 19
Investors will be looking to Fed Chairman Ben Bernanke’s post policy meeting press conference on Wednesday for any indication on when the central bank may start to scale back its $85 billion monthly bond buying programme, launched to boost growth by pushing down long-term interest rates and pushing up asset prices, hiring and investment.
Thursday, June 20
Euro-zone finance ministers will meet in Luxembourg, hoping to hammer out at least some of the conditions under which their bailout fund, the European Stability Mechanism, could be used to recapitalise banks directly.
Friday, June 21
EU health ministers will also be in Luxembourg, trying to agree on new restrictions for tobacco and other nicotine products, including electronic cigarettes.
Related: Up in Smoke: Distrust of E-cigarettes Cement Big Pharma’s Monopoly
Foreign ministers from the Organisation of the Black Sea Economic Co-operation meet in Odessa.
Sunday, June 23
Tunisia holds general and presidential elections, with a possible presidential run-off on July 7. The Islamic Ennahda Movement, the ruling coalition, won the first free elections in 2011 following Tunisia’s revolution, which set off the Arab spring uprisings. The movement heads a government that includes secular parties, the Congress for the Republic and the Ettakatol.
Related: Tunisia: Africa’s New Energy Hotspot?
