May – Week 5

These news updates are intended to provide an overview of daily news from media sources. To get our daily analysis and intel updates on financial and geopolitical events, you can subscribe to our premium podcast series.


4th June 2017:

  1. US billionaire Michael Bloomberg pledged to pay a $15 millionshare of US contributions to Paris Climate Agreement after US President Donald Trump announced he was pulling the US out the accord
  2. Syrian President Bashar Assad said that Syrian authorities welcome India’s participation in the post-war reconstruction of the country
  3. London Metropolitan Police Assistant Commissioner Mark Rowley said that the police plan to deploy additional force to the streets of the UK capital
  4. UK Metropolitan Police Assistant Commissioner Mark Rowley said that London police is investigating connections and possible accomplices of three killed perpetrators of the London terrorist attacks
  5. US Ambassador to the United Nations Nikki Haley stated that the moving the US embassy in Israel from Tel Aviv to Jerusalem is only a matter of time
  6. US State Department officials appointed during the administration of President Barack Obama have been revealed to have actively sought to block the normalization of diplomatic relations between Moscow and Washington under Obama’s successor Donald Trump
  7. US Ambassador to the United Nations Nikki Haley said that the UN Human Rights Council must possess credibility for the United States to remain its member



3rd June 2017:

  1. Vladimir Putin said in an interview that hackers who leaked sensitive Democratic files last year could have been from anywhere including the United States
  2. Friday’s jobs report was overshadowed by US President Donald Trump’s retweet of his son’s post about stock market gains. Nearly 95 million people in the US are neither employed nor seeking work, the Bureau of Labour Statistics report show
  3. Former adviser to Senate Republican leaders Jim Jatras claims that Donald Trump’s decision to withdraw from the Paris Accords on climate change put the real interests of the United States and the American people first
  4. Theresa May said she hoped to agree an implementation phase for a post-Brexit trade pact with Brussels
  5. The newly-formed government in Macedonia includes members of the Kosovo Liberation Army (KLA) and the People’s Liberation Army of Macedonia, “who committed grave offenses” in the past
  6. UK police said Saturday they arrested another man suspected of having connection to the recent Manchester attack
  7. Russian President Vladimir Putin supports the idea of creating an investment fund in yuan, proposed by the Russian Direct Investment Fund (RDIF) and China Development Bank
  8. About five million German households are under threat, as the Netherlands is planning to suspend its gas supplies to Germany. Germany wants to solve the problem by importing the liquefied natural gas (LNG) from the US, although it would be much simpler and cheaper to connect with the Russian Nord Stream
  9. Russian companies expressed their willingness at meetings with Syrian representatives on the sidelines of the St. Petersburg International Economic Forum (SPIEF) to participate in post-war reconstruction of Syria, Syrian Ambassador to Russia Riyad Haddad said
  10. Turkish Prime Minister Binali Yildirim’s chief adviser has been detained on suspicion of having links to Islamic cleric Fethullah Gulen, accused by Ankara of masterminding last year’s failed coup
  11. A representative of the Syrian Democratic Forces, who wished to remain anonymous, has stated that their forces have received a batch of heavy weapons and armored vehicles from the US



2nd June 2017:

  1. More than fifty US House Democrats sent a letter to the White House urging to immediately revoke Jared Kushner’s security clearance
  2. Marko Cadez, President of the Serbian Chamber of Commerce and Industry said that Belgrade has been making progress on negotiating a free trade agreement with the EAEU
  3. According to a government decree, Russia has lifted all import restrictions from Turkey with the exception of tomatoes
  4. The US Justice Department has filed an appeal with the Supreme Court, asking the judges to revive the travel ban for nationals of six countries imposed by US President Donald Trump in March
  5. Russia hopes that commercial contract negotiations on western route gas deliveries to China will soon be finalized, Energy Minister Alexander Novak said
  6. French customs officials have confiscated 135 kilograms of Captagon, also known as the “jihadists’ drug,” at Paris’ Roissy Airport this year
  7. Russia will not veto the latest UN Security Council resolution on North Korea, Russian Deputy Foreign Minsiter Gennady Gatilov told reporters.
  8. Russia’s Hevel Group concluded memorandums on cooperation with the Russian Energy Agency (REA) and with the Far East Investment and Export Agency on the construction of hybrid solar-diesel power plants in the country’s Far East
  9. A Daesh suspect revealed to India’s National Investigation Agency (NIA) that the handler of a Daesh community operating on Telegram messaging app is a woman from Germany
  10. According to the Moldovan president, Moldova has started to correct its anti-Russian course
  11. European Council President Donald Tusk said that the EU welcomed China’s efforts on helping de-escalate tensions on the Korean peninsula
  12. EU foreign policy chief Federica Mogherini met with the leaders of the Syrian opposition to discuss the possible support that the European Union could provide for the war-torn country’s political process
  13. American billionaire George Soros has told the Brussels Economic Forum that he sees Brexit as an opportunity for the EU, which he described as being in “existential danger” and had “lost its momentum”
  14. The Russian Far East Investment and Export Agency (API) and the Russian Export Center (REC) have signed an agreement on cooperating of Russian exports to Asian countries during the SPIEF
  15. Serbian Minister of Economy Goran Knezevic said that Russian companies using the most advanced technologies are interested in establishing special economic zones in Serbia



1st June 2017:

  1. Donald Trump said that the United States and Vietnam had reached a multi-billion dollar trade deal
  2. In the wake of the WannaCry ransomware incident, China plans to implement a special law to enhance the protection of internet security, Economic Information Daily reported
  3. China will increase the distance covered by its high-speed railway tracks, planning by 2020 to connect more than 80 percent of the country’s major cities by high-speed rail
  4. US leaders of the Senate Banking Committee are going to introduce legislation to tighten sanctions against Russia focused on heavy industries and raw materials
  5. Opposition to the construction of the Nord Stream 2 pipeline project in Europe will be overcome, Russia’s Permanent Representative to the European Union Vladimir Chizhov said
  6. The US Foreign Intelligence Surveillance Court (FISA) allowed the country’s Department of Justice to conduct surveillance on several reporters, who had received information leaked from the White House
  7. Qatar appears to have decided to improve its relationship with Iran in a bid to gain leverage in its relations with Saudi Arabia
  8. India and Spain signed seven agreements, agreeing to cooperate in the fields of cyber security, renewable energy, organ transplant and technical cooperation in civil aviation. The two countries also signed pacts on transfer of sentenced persons and waiving of visa for diplomatic passport holders
  9. Ukraine will seek the seizure of Gazprom’s foreign assets to claim its anti-monopoly fine, Ukraine’s Justice Minister Pavlo Petrenko said
  10. The Nord Stream 2 pipeline will not be able to satisfy the EU’s demand for Russian gas, Gazprom energy company CEO Alexey Miller said
  11. Russian energy giant Gazprom is in negotiations’ process with China on expanding cooperation on gas supplies via the eastern route, CEO Alexei Miller said
  12. Serbia will never introduce anti-Russia sanctions, despite Belgrade’s willingness to become a full member of the European Union, the country’s Foreign Minister and Deputy Prime Minister Ivica Dacic said
  13. The ongoing protests in Morocco, which have already been compared to the events of the “Arab Spring” in 2011, could hit with renewed vigour shortly
  14. Investment in renewable energy will continue to grow worldwide and in Russia in particular
  15. Russia’s EuroChem Group and the Chinese National Chemical Corporation signed a memorandum of intent to establish joint industrial production, EuroChem CEO Dmitry Strezhnev said



31st May 2017:

  1. South Korea’s ambassador to Russia Park Ro-byug said that South Korean President Moon Jae-in is aware of the importance of relations with Russia and plans to make a breakthrough in cooperation between the two nations
  2. The administration of US President Donald Trump is set to roll back the sweeping reforms implemented by former President Barack Obama on diplomatic and economic relations with Cuba
  3. President Emmanuel Macron’s effort to clean up French politics suffered an early setback when his Social Cohesion Minister, Richard Ferrand, faced calls to resign over an alleged property deal
  4. Russian President Vladimir Putin has signed a decree to lift certain economic measures against Turkey, the Kremlin’s press service said
  5. The vast majority of French citizens want to see recently appointed ministers in Emmanuel Macron’s government Richard Ferrand and Marielle de Sarnez, caught in the media spotlight over ethical concerns about their previous activity, leave the government
  6. President Igor Dodon on Wednesday accused the Moldovan government of bringing Moldova-Russia relations to the “brink of abyss,” and warned that the people will interfere if the Cabinet continues its anti-Russian actions
  7. The $41-million fine imposed on Deutsche Bank by the US Federal Reserve shows the need for increased congressional oversight and an investigation into the bank’s practices, House of Representatives Financial Services Committee ranking member Maxine Waters said
  8. Despite constant speculation in the mainstream media, there is no evidence of US President Donald Trump’s senior adviser Jared Kushner misdoings, US Congressman Sean Duffy said
  9. The Arbitration Institute of the Stockholm Chamber of Commerce has lifted the ban on re-export of Russian natural gas by Ukraine and ruled to review the price formula stipulated by gas deliveries contract between Russia’s Gazprom and Ukraine’s Naftogaz
  10. Seoul’s probe into the US Terminal High Altitude Area Defense (THAAD) system’s deployment is not aimed at conducting a review of the decision of the system’s deployment on South Korean territory, South Korean President Moon Jae-in said
  11. Former Federal Bureau of Investigation (FBI) Director James Comey has been approved to testify in a public congressional hearing about investigations into President Donald Trump’s alleged ties to Russian officials, the US media reported



30th May 2017:

  1. Jean-Claude Juncker will address European Parliament’s Committee of Inquiry into Money Laundering, Tax Avoidance and Tax Evasion to discuss the tax haven created in Luxembourg
  2. Israeli Prime Minister Benjamin Netanyahu warned that while the current US administration is friendly toward the Middle Eastern country, Jerusalem does not have a “blank check” from Washington to do as it pleases
  3. Russia is concerned about certain European Union member states’ intent to “torpedo” the Nord Stream 2 energy project and calls for ironclad guarantees on the Turkish Stream pipeline project, Deputy Foreign Minister Alexei Meshkov said
  4. According to reports, Russian Direct Investment Fund and the Public Investment Fund of Saudi Arabia are considering over 25 projects in the Russian economy
  5. South Korean President Moon Jae-in stated that the ultimate goal of his government is to bring North Korea to the negotiating table over its denuclearization
  6. The head of the Russian Ministry of Industry’s Department of Conventional Obligations Realization and Trade said that Russia has destroyed nearly 99 percent of its chemical weapon stockpile over the past 20 years
  7. Leader of Russia’s Chechen Republic Ramzan Kadyrov stated that French President Emmanuel Macron and German Chancellor Angela Merkel could visit Chechnya in order to examine the situation surrounding LGBT rights in the republic
  8. South Korean President Moon Jae-in and Japanese Prime Minister Shinzo Abe agreed on the necessity of imposing further sanctions and pressure on North Korea after its new ballistic missile test launch, local media said
  9. US officials setting up back-channels to communicate with foreign officials has long been a common practice, President Donald Trump’s senior aide Kellyanne Conway said in an interview
  10. MEPs in the European Parliament quizzed the President of the European Commission, amid calls for him to take responsibility for several sweetheart deals made with large companies in order to help reduce their tax bills
  11. According to reports, Emmanuel Macron held on Tuesday a meeting with Riad Hijab, the General Coordinator of the High Negotiations Committee of the Syrian opposition
  12. According to media reports, Former French Prime Minister Edouard Balladur has been placed under formal investigation in so-called Karachi affair, envisaging his alleged use of commissions and kickbacks from foreign arms sales to finance his presidential election campaign in 1995
  13. The US Navy hopes to welcome China’s People’s Liberation Army Navy (PLA-N) at the Rim of the Pacific (RIMPAC) drills in 2018, even though Washington and Beijing disagree about the latter’s island-building in the South China Sea



29th May 2017:

  1. United States Homeland Security Director John Kelly says he is now mulling a total ban on all laptops in plane cabins from every international destination into and out of the US
  2. Iran’s Supreme Leader Ayatollah Ali Khamenei has lashed out at Riyadh for its “cordial” relations with the United States, calling Saudis “milking cows for the Americans”
  3. US President Donald Trump said that he fully trusted his senior adviser and son-in-law Jared Kushner, who was under investigation by the Federal Bureau of Investigation (FBI) as part of the Russia probe
  4. Germany has decided to give Ankara two weeks to resolve their dispute over the Incirlik air base, where German deputies were refused access to Bundeswehr troops earlier this month
  5. The European Commission is not preparing a so-called plan B on the implementation of the Paris agreement on climate change despite uncertainty over the US position on the issue, European Commission spokesman Margaritis Schinas said
  6. Chinese President Xi Jinping’s visit to Russia, which is expected to take place in July, will give momentum to the cooperation between the two countries in the international arena, Russian Deputy Foreign Minister Igor Morgulov said
  7. Iran is ready to send its representatives to monitor the ceasefire in Syria’s four de-escalation zones.
  8. The sky over Mars may soon be shrouded by clouds: a scientist from the Russian city of Arkhangelsk has just patented a novel invention for creating an atmosphere on Mars. According to the researcher, it will help to control the weather on the Red Planet making colonization possible
  9. Foreign Ministry said that Chinese Foreign Minister Wang Yi and his French counterpart Jean-Yves Le Drian discussed the situation on the Korean peninsula during a phone conversation
  10. President of the Russian Grain Union Arkady Zlochevsky stated that the Turkish side was wary of delays in lifting restrictive measures imposed by Russia, which pushed Ankara to take counter steps
  11. South Korean President Moon Jae-in had agreed on the need for a summit meeting with the Democratic People’s Republic of Korea (DPRK) during his presidential election campaign
  12. Russian Central Bank governor Elvira Nabiullina said that the Russian economy will soon have to face various external and internal challenges, primarily the general slowdown in global economic growth