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Flags of the European Union and the USA.
Sean Galop | Getty Images | Gets the image
This week there is a mystery in the direction of CNBC: how to approach July 9.
Why this particular date matters? This is the term for trade talks between the US and the European Union before the tariff ax (possibly) falls again.
But President Donald Trump’s tendency to move the terms makes it difficult to make a great light of lighting if the date can become excessive. However, as we saw with an unexpected frame coordinated between the United States and China in Geneva in April – you also cannot afford underestimation of the terms.
What we know is that the full trade transaction is “impossible” before the expiration of the term, according to the President of the European Commission Ursul von der Leyen, and that the best Brussels may hope that “in principle” agreement “.
As reported last week anchor CNBC Silvia Amaro, the EU is engaged at least A deal with naked bones To show progress and avoid recovering 50% of the products exported from the block.
On Tuesday and Wednesday, we need to get some tips from Brussels when European finance ministers are going to a regular meeting in Brussels.
Cartel Capital
Another task that is much more final: OPEC seminar. The circus returns back to Vienna when an international seminar of oil producers in the city of Veliki Hofburg Palace takes place on Wednesday and Thursday. The meeting offers delegates two days of discussion and analysis on energy security and investment.
This is a distant cry from the time of OPEC -Scrum in the headquarters of the concrete on the other side of the Austrian capital. As a junior producer, I was lucky enough to cover CNBC’s OPEC Anchors Steve Sedwick. Before Covid, these manic two -year meetings saw that journalists were fighting for the soundtraths of the most influential OPEC ministers in the world. In those days, Scrum was kindly known much less polite term …
OPEC+participants are a more wide group that includes non-OPEC oil producers, including Russia-shot this weekend to decide on another (long-awaited) output against the backdrop of the changing moon at the raw prices.
The ministers will also join the heads of some largest energy companies, including BP and Shell. Murray Auhinklos and Waez Savana will be the center of attention, as well as market observers, and journalists are looking for any clues that A lot of the Department of Acuration It can still be on the cards.
