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Kremlin: Russia is ready to respond to Europe's growing demand for natural gas
Kremlin spokesman Dmitry Peskov said Russia was, is and will be a responsible country ready to deal with the growing energy needs of its European partners. Peskov said Russia "totally disagreed" with US accusations that it was using the energy crisis as a geopolitical weapon; the US kept threatening to impose sanctions on commercial projects that would help stabilize European energy markets. Russia is ready to negotiate new long-term supply contracts.
Johnson announces extension of epidemic restrictions Bank of London adjusts office return plan
The City of London is likely to remain a ghost town for some time. Goldman Sachs, JPMorgan Chase and Deutsche Bank have told staff that the plan to return to the UK office in phases will be postponed after British Prime Minister Boris Johnson announced that the epidemic limit would be extended to July 19, according to people familiar with the matter. The banks had previously told UK staff that they would encourage more staff to return to their offices from June 21, which the government said in February would be the earliest time to lift all blockade restrictions. According to people familiar with the matter, this time frame has now been postponed to July 19, or the government has decided to make a comprehensive decision.
Us inflation continues to soar, and bulls in US stocks blossom too early
Original title: us inflation continues to soar, US stock bulls blossom early macro strategists believe that US inflation will prove to be longer-lasting than the Federal Reserve and investors seem to expect. Nonetheless, they expect the S & P 500 to rise further in the coming years, as follows. Due to loose fiscal and monetary policies, we still expect the US economy to grow strongly over the next two years, which will support corporate earnings and overall risk appetite. In fact, under its new framework, the Fed will maintain its practical position of monetary easing in the coming years, even if inflation turns out to be more entrenched.
Citi hired Adams from Goldman Sachs Group to take charge of the newly established health-consumer business.
Citi merged global healthcare, consumer and retail investment banking into a "supergroup" to help win more business in these areas. Citigroup has hired Goldman Sachs Group Group partner Chuck Adams to lead the new global healthcare, consumer and health group, according to a memo sent to employees on Wednesday. Adams, who heads West Coast Healthcare Investment Banking at Goldman Sachs Group, will join Citigroup in December to report to Tyler Dickson and Manolo Falco, global co-heads of banking, capital markets and consulting. An insider.
Soci é t é G é n é rale says the US debt downsizing panic is over and now needs to pay attention to global inflation differences.
Kit Juckes, chief foreign exchange strategist at Soci é t é G é n é rale, said the "undersize panic" in the US bond market was over and that wide differences in global inflation could make the euro and yen look very cheap. The Juckes said a further fall in the bond market and its impact on other markets could make it difficult for the Fed to rein in excessive economic growth, which could lead to a faster rise in US inflation than elsewhere, boosting the rise of major currencies against the dollar. Juckes wrote in a client report: "people assume that the Fed will control economic growth, but if they don't do enough, I think we
Us Treasury Secretary Yellen calls for more spending to stress that the rise in inflation is temporary
Us Treasury Secretary Yellen (Janet Yellen) said on Thursday that the US economic recovery still had a "long way to go" and urged congressional leaders to increase spending, saying the government's budget was more than a decade behind the current era. Ms Yellen said the US Treasury had implemented aggressive plans to get the economy through the COVID-19 crisis and called for broader fiscal policy in all areas. In a speech to the Financial Services Subcommittee and the Government Appropriations Committee, Ms Yellen said the Treasury's budget had not kept pace with the expansion of its work. "our team uses what we can use," she said.
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