Global financial media last night and this morningThe main headlines of common concern are:
1. President of IMF: the global GDP growth rate in 2021 will be slightly lower than the previous forecast of 6%.
2. The US trade deficit widened to a record high in August, boosted by imports of consumer goods
3. The CEO of Brookfield said that now is a "good time" to sell assets.
4. Fed Evans: the current high inflation will not persist and will eventually fall below the 2% target.
5. Scientists warn that Merck & Co Inc and COVID-19 may have the risk of being underestimated when taking oral medicine.
Facebook Inc's global service paralysis comes at a time when whistleblowers are about to reveal the company's "terrible truth" to the Senate.
President of IMF: global GDP growth in 2021 will be slightly lower than the previous forecast of 6%
Georgiyeva, managing director of the International Monetary Fund (IMF), said on Tuesday that the IMF expects global economic growth in 2021 to be slightly lower than the 6 per cent forecast in July, citing risks associated with debt, inflation and divergence in economic trends after the COVID-19 outbreak.
Georgiyeva said the global economy is rebounding, but the epidemic continues to limit recovery, the main obstacle is the "huge gap in vaccination", resulting in too many countries with too little access to vaccines.
Georgiyeva is in Italy.BokoThe IMF World Economic Outlook, updated next week, will predict that advanced economies will return to pre-epidemic output levels by 2022, but it will take "more years" for most emerging and developing countries and regions to recover, according to an online speech by the University of Nepal.
"We face a global recovery, but that recovery is still 'hampered' by the epidemic and its impact. We can't move forward well-it's like walking with pebbles in our shoes, "she said.
The US trade deficit widened to a record high in August, boosted by imports of consumer goods
The US trade deficit widened to a record high in August, reflecting an increase in imports of consumer goods and industrial products.
The trade deficit in goods and services widened 4.2 per cent to $73.3 billion in August from a revised $70.3 billion in July, according to data released by the Ministry of Commerce on Tuesday. Economists surveyed by Bloomberg had a median forecast of $70.8 billion.
Imports of goods and services rose 1.4 per cent to a record $287 billion in August. Exports climbed 0.5 per cent to $213.7 billion.
While surging consumer demand for goods and steady corporate demand for equipment led to extremely low inventories earlier this year, the reopening of the economy is gradually boosting demand for services.
At the same time, domestic producers have struggled to increase production as logistics bottlenecks have led to an out-of-sync of global supply chains, a backlog of port cargo, shortages of materials and soaring freight rates.
Brookfield CEO says now is a "good time" to sell assets
Brookfield Asset Management Inc. CEO Bruce Flatt said it was a "very good time" to sell assets after a slow period at the height of the coronavirus outbreak last year.
Flatt said on Tuesday that the alternative asset manager sold assets in the first and second quarters of this year and will continue to sell this year.
"it's not that we think it's the only thing to do, because we buy a lot of things," Flatt said. For six to nine months, he said, few assets were sold, and now there are opportunities in infrastructure, renewable energy, private equity and real estate.
The situation is returning to "the way it used to be," he said, as people began to return to their offices and businesses returned to normal.
Fed Evans: current high inflation will not persist and will eventually fall below the 2% target
Charles Charles Evans, chairman of the Chicago Fed, said on Tuesday that current inflation would not be sustained and would eventually fall below the Fed's target.
While inflation, measured by some measures, is at a 30-year high, Mr Evans said supply chain bottlenecks and other problems would subside and price pressures would subside.
"I think these are inflated prices and they will decline as supply bottlenecks are resolved," Evans said. "there is no doubt that I thinkQualcomm IncInflation may take longer than we expected, but I don't think these prices are likely to continue to rise. "
Inflation in the past few months rose 3.6 per cent year-on-year, the highest level since the early 1990s, according to a preferred measure by the fed. Evans acknowledges that this trend is putting pressure on the economy.
"this is definitely a challenge for families and businesses. I mean, it affects income and wages, so it's a problem. We will definitely monitor this, "he said." "it's really not a matter of monetary policy, it's a question of infrastructure supply right now. So I think inflation will fall, and once it does, we will still be in a world of low interest rates. "
Scientists warn that oral medication of Merck & Co Inc and COVID-19 may have the risk of being underestimated.
It is reported thatMerckThere may be a risk of underestimation in the way COVID-19 takes Molnupiravir orally to destroy the SARS-CoV-2 virus.
It is reported that Molnupiravir embeds itself into the genetic material of SARS-CoV-2 virus, resulting in a large number of mutations in the process of virus replication, eventually killing the virus. However, some laboratory tests have shown that the drug has the ability to enter the genetic material of mammalian cells. Because the drug can cause mutations, it could theoretically cause birth defects or cancer.
"given that the drug may be integrated into cellular DNA, it is important to prove that there is no cancer in animal and human trials," said Nathaniel Landau, a professor of microbiology at the Grossman School of Medicine at New York University.
MerckIt said animal tests conducted by the company showed that these concerns were unfounded.
Facebook Inc's global service paralysis comes at a time when whistleblowers are about to reveal the company's "terrible truth" to the Senate.
Facebook IncGlobal service disruptions exposed the risk of relying on its social networking products, giving European regulators more incentive to contain the company's influence. At the same time, an American whistleblower will testify, which may make Facebook IncReceive more unnecessary attention at home.
The service disruptions of Facebook Inc, Instagram, WhatsApp and Messenger on Monday quickly drew criticism, although services were restored by the time they entered the European session. Margrethe Vestager, the EU's antitrust and digital regulator, said the accident would put the company's dominance in the spotlight.
"it's important that people have alternatives and choices. That's why we are committed to ensuring that the digital market is fair and competitive, "Vestager said. "the disruption we have seen shows that it is not possible to rely on some big companies, no matter what they are."
The network problem led to the outage of services used by more than 2.75 billion people, and it can be said that the house missed all night's rain. After an interview with a US television station on Sunday, whistleblower Frances Haugen will appear at a Senate subcommittee hearing on Tuesday and reveal what she calls the "terrible truth" about Facebook Inc. When Facebook Inc's service crashed, Haugen's claim that the company put profit before user security was still in the headlines.