U.S. President-elect Donald Trump’s nominee for secretary of state set a course for a potentially serious confrontation with Beijing on Wednesday, saying China should be denied access to islands it has built in the contested South China Sea. Source Investing.com
GEFIRA provides in-depth and comprehensive analysis of and valuable insight into current events that investors, financial planners and politicians need to know to anticipate the world of tomorrow; it is intended for professional and non-professional readers.
The Gefira bulletin is available in ENGLISH, GERMAN and SPANISH.
Britain could launch military retaliation such as air strikes against a future cyber attack, the Defence Secretary has suggested. Sir Michael Fallon warned potential attackers that a strike on UK systems “could invite a response from any domain – air, land, sea or cyberspace”. Source The Telegraph
French President Emmanuel Macron invited his US counterpart Donald Trump on Tuesday to attend the country’s traditional Bastille Day military parade, despite public differences over the Paris Agreement on climate change. Source France24
U.S. Federal Reserve Chair Janet Yellen said on Tuesday that she does not believe that there will be another financial crisis for at least as long as she lives, thanks largely to reforms of the banking system since the 2007-09 crash. Source Reuters