July, 2021

• 18 July

  Cuba’s demonstrators deserve US support

  The unrest on Cuba’s streets is the biggest challenge to the country’s communist government in decades. And it poses a dilemma for the Biden administration, which previously said it wants to ease US sanctions against the Cuban regime. President Biden needs a way to maintain pressure on the government while moderating penalties that have unavoidably worsened the economic plight of ...

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• 18 July

  China’s heat wave pushes coal prices towards record level

  

  Bloomberg A heat wave across some of China’s biggest industrial provinces has pushed local electricity consumption to unprecedented levels, sending thermal coal futures toward record highs. The power load in the eastern province of Zhejiang near Shanghai surpassed 100 million kilowatts per hour for the first time, the State Grid said in its newspaper. Usage has also hit records in ...

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• 18 July

  Pembina declines to raise offer in battle over Inter Pipeline

  

  Bloomberg Pembina Pipeline Corp said it wasn’t going to sweeten its bid for Inter Pipeline Ltd one day after a new hostile offer for Canada’s fourth-largest midstream company was made by Brookfield Infrastructure Partners LP as the takeover battle intensifies. The Canadian pipeline company doesn’t intend to increase or change the 0.5 common Pembina shares offered under its proposed acquisition ...

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• 18 July

  Shell, Iberdrola bid to build largest floating wind farm

  

  Bloomberg Royal Dutch Shell Plc and Iberdrola SA’s ScottishPower unit are teaming up to bid to build what could be the world’s largest wind farms that float in the sea. The companies submitted proposals for multiple floating projects off the coast of Britain as part of Scotland’s process to lease its seabed to renewable energy developers, according to a statement. ...

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• 18 July

  LatAm’s turmoil intrudes in Biden’s focus on China, Europe

  

  Bloomberg President Joe Biden says his foreign policy focus is on dealing with the challenges posed by China and rebuilding frayed alliances in Asia and Europe. Latin America is putting those priorities to a test. From political protests in Cuba to a presidential assassination in Haiti and the migration crisis on the southern border, the Biden administration is finding it ...

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• 18 July

  China dismisses US warning on HK as ‘pure nonsense’

  

  Bloomberg China dismissed US warnings about the risk of doing business in Hong Kong as “pure nonsense,” saying sanctions won’t change its determination to safeguard national security. In similar statements, the Hong Kong and Macau Affairs Office and Hong Kong Liaison Office condemned US President Joe Biden’s advisory that said China’s push to exert more control over the financial hub ...

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• 18 July

  Biden says US to appeal Dreamers ruling, Congress must act

  

  Bloomberg President Joe Biden said the US will appeal a federal judge’s ruling that the DACA program protecting hundreds of thousands of “Dreamers” who came to the US as children was implemented unconstitutionally, and he renewed his call for Congress to agree on a permanent solution. “Yesterday’s Federal court ruling is deeply disappointing,” Biden said in a statement on Saturday. ...

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• 18 July

  ‘Haitian fugitive ordered Colombians to kill Moise’

  Bloomberg A former official with Haiti’s Ministry of Justice gave the order to mercenaries to assassinate President Jovenel Moise, according to Colombian police. Three days before the murder, Joseph Felix Badio, who also formerly worked in an anti-corruption unit, told the leaders of the Colombian team that they were no longer going to arrest Moise but to kill him, Colombian ...

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• 18 July

  Indonesia’s Jokowi urges ‘sense of crisis’

  

  Bloomberg Indonesia’s President Joko Widodo urged for a “sense of crisis” among his ministers as the country becomes one of the worst hotspots in the world. Jokowi, as the president is known, also called off a paid vaccination plan and told state officials not to travel overseas after wide public backlash, urging them to exercise “social sensitivity,” Cabinet Secretary Pramono ...

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• 18 July

  Merkel to visit flooded areas as death toll exceeds 130

  

  Bloomberg Chancellor Angela Merkel plans to visit areas affected by Germany’s worst flooding in decades as the death toll exceeds 130 and hundreds remain unaccounted for, according to Bild am Sonntag. Merkel’s set to travel to Rhineland-Palatinate on Sunday, the newspaper said. Water levels remain high and houses continue to collapse in some areas. A government spokeswoman said the visit ...

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