Key Economic News to Watch This Week: June 10
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This Week: Protestors target banks, hedge funds and other financial institutions in London ahead of the G8 Summit next week, while Iran holds a presidential election to find a successor to firebrand Mahmoud Ahmadinejad.
Monday, June 10
The US-Islamic World Forum in Doha, Qatar, discusses the security of Afghanistan and Pakistan, the relationship between political reform and development, and the Syrian crisis.
This Week: Protestors target banks, hedge funds and other financial institutions in London ahead of the G8 Summit next week, while Iran holds a presidential election to find a successor to firebrand Mahmoud Ahmadinejad.
Monday, June 10
The US-Islamic World Forum in Doha, Qatar, discusses the security of Afghanistan and Pakistan, the relationship between political reform and development, and the Syrian crisis.
The Asia Islamic Banking conference in Kuala Lumpur is expected to be attended by 80 chief executives from global institutions (to June 11). Malaysia is the world’s largest Islamic bond market and has an Islamic banking sector of about $43bn.
Apple holds its five-day worldwide developers’ conference in San Francisco.
Tuesday, June 11
Bank of Japan announced its monetary policy decision, though no shift is expected from the aggressive easing already under way.
Related: Abenomics Beginning to Work, Says IMF
‘Stop G8’ organisers have published a map for protests at banks, hedge funds and other targets in London’s West End “where people can show their anger” a week before leaders meet in Northern Ireland. Occupy London is also expected to take part.
The U.S. Senate is expected to start debating immigration legislation.
Related: Complex US Immigration System Cost Economy $30 Billion A Year: Study
Related Infographic: Immigrant Entrepreneurs Boosting US Growth
The European Commission issues its Action Plan for the European Steel Industry to help steel producers that support a 360,000-strong workforce and turnover of about 170 billion euros ($225 billion).
Related: World’s Largest Steelmaker Calls for EU Trade War with China
Wednesday, June 12
The World Bank releases a report on global economic prospects.
Thursday, June 13
Electricity strikes have been called by France’s biggest union, the CGT, over fears of job cuts as a result of a government review of energy policy.
Friday, June 14
Iran holds a presidential election to find a successor to Mahmoud Ahmadinejad. Iran’s top nuclear negotiator Saeed Jalili is the race frontrunner, though he has said Tehran will never compromise on its controversial nuclear programme and insist fresh sanctions will not have any bearings on the economy.
Related: US Unveils New Iran Sanctions
Saturday, June 15
Brazil hosts the FIFA Confederations Cup, widely considered a dress rehearsal for the 2014 World Cup, till June 30.
Related: Brazil Seeks UN Assistance in World Cup Preparations
