Can trading in the UK come up with?

In this report by the Exchange newsletter in the UK this week. How is what you see? You can subscribe Here.

Donald Trump is the first US president to be honored Two state visitsSomething was not even awarded Bila Clinton, George Bush or Ronald Reagan-Ussim two-year presidents who enjoyed warm relations with the British Prime Minister.

This pride reflects the possibility that his visit offers deepen trade and business connection between the US and UK, which has received, in particular Softer treatment From Trump when he unleashed his “in AprilLiberation Day“Tariffs in the world.

The UK often exploits the soft power of the monarchy to offer state visits to the countries with which it wishes deeper trade ties.

The late Queen Elizabeth II has many heads of state, including China Xi Jinping, Russian Vladimir Putin, several Saudi kings and a number of French presidents. For his three years, King Charles III has already spent the South African, French and South Korean presidents, the Japanese emperor and the Qatar Emir.

Thus, “Diplomacy of the Types” are not new. The fact is that the UK economy stagnates, it seems that this visit goes more.

It helps that Trump, whose mother was born in Scotland, loves the UK – what cannot be said about Joe Biden, or Barack Obama, his immediate two predecessors.

This is a unique opportunity to win Trump’s commitment when trade and diplomacy rotate around the US president so that they have not had decades.

The element of trade and investment of state visits has increased recently.

XI’s state visit in October 2015 saw some 40 billion pounds ($ 55 billion) signed business agreements, with the Chinese president present at the Mansion House investment summit in the city with the then Prime Minister David Cameron.

The couple also visited the plow in Kadden in Bakinghashire, PB near checkers, residence of the British Prime Ministers where XI threw a pint Greene King IPA (Indian pale el).

The pub has since become a magnet for Chinese tourists, and Green King himself was purchased for £ 4.6 billion in 2019 by CK Asset Holdings, founded by Li Ka-Sing, the richest Hong Kong man.

Sometimes the visits are more supported by British investments elsewhere, as in 2016, when the Queen received Colombian President Juan Manuel Santos de Calderon.

Despite the fact that agreements on reducing the tax burden on companies investing in two countries were signed, the main element was the exports of 1 billion pounds to support British companies engaged in energy and medical projects in the country of Latin America.

Sometimes, however, trade and investment ranked second in diplomacy.

Macron’s state visit in July this yearThe first political leader of the EU after the Brexit (King and Queen of the Netherlands, who visited in 2018), was an attempt to repair relations after French President was antagonized by former Prime Minister Boris Johnson and Liz Rabbit, and even publicly thought whether Macron or the Enemy’s Enemy.

However, this visit is all about trade, and, accordingly, given Trump’s love for the description of the events in which he participates as “the biggest and best”, looks huge in terms of transactions.

Over the weekend it turned out Nvidia and Openai announce the joint multi -billion dollar investments In the project of data centers in Blyat, Nortumberland, which has already been launched by technology technology, a data centers of data centers owned by the Giant Blackstone’s private capital.

Nvidia CEO Jensen Juan, Openai CEO Sam Altman and Stephen Schwartzman, Blackstone CEO, reported that the president is at the State Banket at Windsor Castle.

Say other invited to include Tim Kuh Investing at $ 700 million in UK data centers.

These data centers will require a lot of energy, and for this purpose, The Agreement will be signed Between two governments that allow companies to build new nuclear power plants faster in both countries.

These include X-AEERGY plans, Maryland, nuclear reactor and fuel and Centrica engineer, British gas father, create up to 12 advanced modular reactors in Hartlpoule, Darem district, northeast England. This can also potentially provide the opportunity for the UK Rolls-Roycewho plan to build small modular reactors to do it in the USA

And the ads continued to go. On Monday, the news that Blackstone double its investment in 100 billion pounds in the UK for the next decade, and yesterday Google announced A. Investing in £ 5 billion What to see its open first UK data center and expand Deepmind, London AI AR, creating more than 8,000 jobs.

The great prize for the UK is to create some “sovereignty AI Fireside Chat With Prime Minister Keir Starr on London Week in June. It also corresponds to the ambitions of the Trump administration selling US “packages” allies, such as the UK and South Korea, as counterbalance to China’s proposal around the AI ​​infrastructure.

Oddly enough Fired last week As the UK ambassador to the US over its previous ties with a disgraced financier Jeffrey Epstein.

Any mention of Epstein this week, especially at the press conference held by Trump and the elder will suffer – and a reminder of how these sensitive diplomatic cases can take.

The most famous in 1978 saw the deceased hid behind the bush in the gardens of the Bakingham Palace, to avoid Nikola Chauuscu, already removing something that the Romanian dictator could steal from the room after warning from the then president of the French President Giscard D’Astining.

There is also an apocryphal fairy tale about a state visit, in which the Queen apologized to her guest during an open top procession after one of her horses broke the wind loudly.

The guest – some say it was the Nigerian leader Yakub Gown in 1973, others, French President Jacques Chirak in 1996 – they say that he replied, “Don’t worry, I thought it was one of the horses.”

This week, you can hope that the king’s horses will be less metelined.

– Jan King

In the UK, shares are trading a range near all highs. Over the past week FTSE 100 He abandoned some of his income to reduce about 0.5%.

Meanwhile, Sterling Over the past seven days, the US dollar has strengthened the US dollar by scoring 1.7% against the green appeal.

Elsewhere in the UK government bond market, A 10-year crop It traded by about 4 basic points higher than last week, by 4.65%, but much lower than 4.8%reached in early September.