Week 3

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.

18th November 2016:

  1. Pentagon spokesman Peter Cook said that members of President-elect Donald Trump’s transition team are expected to hold initial briefings with US Defense Department officials
  2. Venezuela and the China National Petroleum Corporation (CNPC) have agreed on an investment plan of $2.2 billion, which will increase joint oil production by 277,000 barrels a day
  3. Chinese President Xi Jinping started his week-long Latin America tour, aimed at providing an impetus to the relations between the countries, as well as at signing bilateral agreements on trade, investment, finance and nuclear power cooperation
  4. Hydraulic fracturing activities carried out in the west of Canada is the cause of the majority of tremors in the region, a new research showed
  5. Indonesia, Malaysia and the Philippines reached an agreement on launching joint army training to further efforts aimed at protecting the Sulu Sea from rampant piracy, media reported
  6. Retired Lt. Gen. Michael Flynn, who is potential US national security adviser in the new administration of President-elect Donald Trump, have been receiving classified national security briefings information since summer, when he was running a consulting firm working with foreign clients
  7. The Turkish defense minister said Ankara was in talks with Moscow on the procurement of Russian S-400 air defense systems
  8. According to the company statement, Volkswagen is planning to slash 23,000 jobs at German factories by 2020 as part of a strategy aimed at boosting efficiency and sustainable development
  9. Turkey’s Grand National Assembly will renew its parliamentary links with the lower house of Russia’s parliament, the State Duma, the Turkish Anadolu news agency reported
  10. The US may be guilty of war crimes by supporting the Saudi-led intervention in Yemen; but for its part, the Saudi-led coalition has certainly committed war crimes
  11. Russian Natural Resources and Environment Minister Sergei Donskoi and South African Minister of International Relations and Cooperation Maite Nkoana-Mashabane voiced support for joint projects in the sphere of offshore oil and gas field exploration conducted by Russia’s Rosgeologia and South African PetroSA companies
  12. The US Federal Reserve is very likely to hike rates to 0.5-0.75pc in December in order to match Donald Trump’s ambitious fiscal stimulus goals within his 100-day plan
  13. The UK Trustees – the prime minister, the chancellor and the keeper of the Privy Purse – agreed to increase the Royal Family’s funding up to $455 million to finance renovation works at Buckingham Palace
  14. Regardless of Washington’s purported foreign policy shift toward Moscow under President-elect Donald Trump, Russia won’t change its geostrategic imperatives and will continue to maintain close political and economic relations with China and Iran
  15. The US government needs to differentiate between China’s individual and institutional investors, following a congressional report on US-China ties which recommended that lawmakers ban Chinese state-owned investment in the US
  16. The family of Russian officer Alexander Prokhorenko, who was killed in Syria fighting against Daesh militants outside Palmyra, has written a no-nonsense appeal to French President Francois Hollande, urging him to unite efforts with Russia in the fight against terrorism


17th November 2016:

  1. Five Daesh Fighters Arrested in Russia’s Ingushetia
  2. A drone almost collided with a passenger plane taking off at the airport in the UK city of Liverpool, coming within 16 feet of it
  3. Italian Prime Minister Matteo Renzi said Thursday he would not be a part of a “technical” government if voters oppose his constitutional reforms in a referendum early next month
  4. Turkey’s Forestry and Water Affairs Minister Veysel Eroglu said that the referendum on the new Turkey’s constitution draft could be held next spring
  5. Unable to back up the claims made by the US State Department about Russian forces allegedly bombing hospitals in Syria, spokesman John Kirby had to resort to Plan B, as in B for Ballistic
  6. Ukrainian media could not help but notice that Donald Trump’s press service did not release any information whatsoever about the President-elect’s telephone conversation with Ukrainian President Petro Poroshenko. Observers nervously contrasted this with the Trump team’s immediate release of a readout on his phone call with the Russian President
  7. The 58th Russian convoy carrying food, medicine, medical equipment, baby food, hygiene products will depart for Donbass next week
  8. The possible success of right-wing candidate Marine Le Pen at France’s presidential election shows that “the balance in the French political life is in for a radical change”, the country’s prime minister said
  9. Federica Mogherini expressed her regret about Russia’s decision to withdraw from the Rome Statute that established the International Criminal Court
  10. Russian lawmaker Natalia Poklonskaya invited French National Assembly member Marion Marechal-Le Pen to Crimea
  11. Moscow and Tokyo are considering options for building an energy bridge. Russian President Vladimir Putin and Japanese Prime Minister Shinzo Abe may also discuss the issue of signing a peace treaty
  12. A party of politicians from the European Parliament have postposed the latest round of talks with Turkey over a disagreement with the authorities in Ankara over the format of the meeting, in the latest chapter in the faltering negotiations between Brussels and the Turkish government
  13. US Director of National Intelligence James Clapper announced that he is resigning from his post, during the House Intelligence Committee hearing
  14. Syria’s Ambassador to Russia Riyad Haddad said that strict unilateral economic sanctions imposed on Syria by Europe and America have resulted in a deteriorating humanitarian situation in the Middle Eastern country and negatively affected medical and food supplies
  15. The European Central Bank (ECB) is expected to extend its bond-buying stimulus by six months beyond its expiration date in March 2017
  16. JP Morgan Chase agreed to pay more than $130 million to settle charges of US Securities and Exchange Commission (SEC) that it won business from clients and corruptly influenced government officials in the Asia-Pacific region
  17. 203 judges and public prosecutors, suspected of using communication applications that are known to be used by Gulen’s supporters and illegal wiretapping against government officials, were dismissed in Turkey


16th November 2016:

  1. Russian Prime Minister Dmitry Medvedev appointed current deputy Economic Development Minister Evgeniy Elin as an acting Economic Development Minister after Ulyukayev was charged with bribery
  2. Ukraine’s Verkhovna Rada called on EU institutions on Tuesday not to allow implementation of projects aimed at the construction of transit gas pipelines bypassing Ukraine.
  3. The Minister of Energy, Industry and Mineral Resources of Saudi Arabia Khaled bin Abdulaziz Al-Faleh intends to visit Egypt in December to attend the meeting of the Organization of Arab Petroleum Exporting Countries (OAPEC), amid talks on resumption of Aramco oil supplies to Egypt
  4. Serbia is expected to receive six Russian Mikoyan MiG-29 multirole fighters and armoured vehicles at a huge discount, totaling approximately $80 million amid unconfirmed reports that Moscow is ostensibly planning to transfer weapons to Belgrade
  5. US President Barack Obama and Greek Prime Minister Alexis Tsipras discussed the need to maintain sanctions against Russia, Obama said at a joint news conference in Athens
  6. According to the EU foreign policy chief, the EU and NATO have 40 concrete proposals to enhance bilateral cooperation
  7. Former Republican congressman Mike Rogers announced Tuesday that he has left his role as head of national security for US President-elect Donald Trump’s transition team
  8. Discreet India-Israel contacts have now blossomed into a full blown diplomatic tango. The President of Israel is on a six-day visit to reciprocate the first Indian Presidential visit to Tel Aviv last year
  9. Russian and Malta should find a way to boost implementation of joint trade and investment projects as the two states are not using the potential of bilateral economic cooperation to the full extent
  10. Russian and Israeli forces have been successfully avoiding confrontations in Syria, where Moscow and Tel Aviv are taking part in separate military campaigns, Israeli Prime Minister Benjamin Netanyahu said
  11. A source in the Turkish Foreign Ministry that Turkish Foreign Ministry will approve the candidacy of an ambassador to Israel following a six-year break in diplomatic relations after the same procedure is completed by Tel Aviv
  12. Congressman Adam Kinzinger said that the US House of Representatives passed a bill to increase sanctions against the Syrian government and its supporters
  13. House of Representatives speaker Paul Ryan said that the US Congress has passed a bill seeking to extend sanctions on Iran for another ten years
  14. The Minister of Energy, Industry and Mineral Resources of Saudi Arabia Khaled bin Abdulaziz Al-Faleh will meet his Russian and Qatari counterparts ahead of a crucial meeting of the Organization of the Petroleum Exporting Countries (OPEC) member states on oil output freeze, media reported
  15. Russia’s deputy minister of industry and trade said time had come to launch a joint project with Mexico on the development of a light chopper
  16. The United Nations is secretly calling on its agencies and non-governmental organizations (NGOs) to cut Syria funding requests by more than 20 percent in 2017
  17. The decision to introduce a 5-euro ($5.36) fee for tourists arriving in the Schengen Area from non-EU countries that have a visa-free regime with the European Union is expected to be issued by the European Commission on November 16, according to a source


15th November 2016:

  1. China tops the list of countries with the best performing supercomputers worldwide, the web resource Top500 wrote on Monday.
  2. Saudi Arabian King Salman bin Abdulaziz al-Saud held a telephone conversation with US President-elect Donald Trump, during which the monarch confirmed Riyadh’s aspiration to strengthen the relations with Washington, media reported Monday.
  3. Vladimir Putin Holds Phone Talks With US President-Elect Donald Trump
  4. Neo-Liberal billionaire George Soros and other wealthy Democratic donors are meeting to design a resistance strategy to undermine President-elect Donald Trump’s agenda when he takes office, the media reported.
  5. President-elect Donald Trump is requesting his three oldest children, as well as his son-in-law, receive top-level security clearance, US media reported.
  6. Business representatives from China and Peru signed deals worth $2 billion on Monday in Lima, media reported Tuesday.
  7. The UN to welcome the revitalization of relations between Russia and the US, UN Deputy Secretary-General Jan Eliasson told Sputnik.
  8. The UK government will invest 15 billion pounds (about $18 billion) in transport network and hi-tech industries to prepare the country’s economy to navigate economic turbulence caused by the United Kingdom’s decision to leave the European Union, local media reported Tuesday.
  9. The Jewish Federations of North America (JFNA) sent a letter to Israeli Prime Minister Benjamin Netanyahu urging him to create an egalitarian section at the Western Wall (Kotel) in Jerusalem, stipulated by the agreement announced in January, media reported on Tuesday.
  10. The Saudi Arabia air defense forces on Tuesday intercepted a ballistic missile that was fired across the border from the territory of Yemen, the Saudi-led coalition said in a statement.
  11. UK Prime Minister Theresa May’s plans to launch Brexit talks by the end of March 2017 may be undermined due to a split within the Cabinet, heavy workload of lawmakers and funding issues.
  12. Russian Foreign Minister Sergey Lavrov and US Secretary of State John Kerry could meet on the sidelines of the November 19-20 Asia-Pacific Economic Cooperation (APEC) summit in Peru, a Russian Foreign Ministry source told RIA Novosti on Tuesday.


14th November 2016:

  1. UK Prime Minister Theresa May is expected to deliver her first major speech on Monday, focusing on the issues of the country’s foreign policy, since she has become the head of the government.
  2. The Asia-Pacific Economic Cooperation (APEC) Forum’s Week starts in Lima, Peru on Monday bringing together leaders of world’s largest economies, businessmen and investors, a Sputnik correspondent reported.
  3. Russian specialists would carry out an observance flight over the territories of the United States under the Open Skies Treaty on November 14-19, the head of the Russian Defense Ministry’s Nuclear Risk Reduction Center said Monday.
  4. US President-elect Donald Trump said Sunday he had discussed the US foreign policy with outgoing President Barack Obama.
  5. Having won the US presidential election, Donald Trump has reiterated his pledge to build a wall on US-Mexico border.
  6. Daughter of US President-elect Donald Trump, Ivanka, has no plans to become a part of the new US administration, she said in an interview with CBS’ 60 minutes show aired Sunday.
  7. The Russian Investigative Committee charged four Ukrainian armed forces unit commanders in absentia for their role in the shelling of civilians in eastern Ukraine, the committee’s spokeswoman said Monday.
  8. If President-elect Donald Trump decides to impose a 45-percent tariff on imports from China, Beijing will take a tit-for-tat approach, which would affect Boeing orders, iPhone sales and US maize and soybean imports, Chinese media reported.
  9. US president-elect Donald Trump said that he would deport up to three million migrants to secure the country’s border.
  10. Russia and Iran may restart negotiations on the use of the Hamadan airbase in western Iran when needed, Russian upper house of parliament’s defense committee chair Viktor Ozerov said Monday.
  11. Iran is interested in the purchase of a wide range of Russian weapons and Moscow is ready to develop military and technical cooperation with Tehran, the Russian Foreign Ministry’s director of the Second Asian Department said.
  12. Russian manufacturers have reached a breakthrough in production of rare earth metals, elements that are used in the field of innovations and are of high value on the global market.