Live News: Next week

It is a daring commentator trying to predict the outcome of the diplomatic game of the Ukraine-Russia border crisis. However, the next seven days should make for some important moves, if not an attempt by the testers.

Perhaps the strangest event of the week will be on Thursday, when Russia, as the current head of the United Nations Security Council, will chair a panel discussion at the global headquarters. agency in New York on the Ukraine crisis.

But before that, we sent the new German chancellor Olaf Scholz to Moscow and Kyiv to try to defuse tensions. He follows in the footsteps of France’s Emmanuel Macron and British prime minister Boris Johnson – and the stakes are high for all European economies – but the Scholz meetings are of particular significance given Germany’s need for an Ostpolitik policy. new, or Look East policy, as Timothy Garton Ash explains in his FT comments section this week.

On Wednesday, attention will turn to Nato, where defense leaders from member states are gathering in Brussels.

It then returned to Germany on Friday as the Munich Security Conference began. Speakers include Kamala Harris, vice president of the United States. She is expected to use her trip to meet with US allies and partners to prevent Russian aggression. Therefore, it will be a test of her diplomatic skills.

Economic data

The 2022 inflation story will return for another part this week as India, China, Japan, the US, UK and Canada all report data in one form or another – the consumer price index or producer price index. Employment data is also taken from the UK and EU. Elsewhere, Japan updates us on its quarterly GDP plus the Fed and Reserve Bank of Australia release the minutes of their policy meetings.


Food was a theme for this week’s corporate earnings, with analysts calling out supermarket retail heavyweights on both sides of the Atlantic – Carrefour and Walmart – as well as grocery companies. consumption.

Investors will have previously looked for signs of progress in chief executive Alexandre Bompard’s turnaround strategy. Expectations are higher for Walmart, the world’s largest brick-and-mortar retailer, which released guidance on full-year earnings it will report on Thursday. However, both companies are under pressure from the global forces of messy supply chains and rising inflation.

Nestlé used to be one of the favorite consumer goods companies in the market under CEO Mark Schneider. He has moved his portfolio into fast-growing areas such as plant-based foods, meal kits and pet foods. But its 2021 figures, to be released on Thursday, will reflect a tough comparison with a year earlier, when the coronavirus lockdown boosted sales of items like coffee. Investors will also take a close look at how the world’s largest food company is expected to deal with rampant cost inflation that has slashed rivals’ profit margins.

Read all week ahead schedule

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