This trading Wednesday brought stability and growth to stock markets, little shakes to equity markets and mixed performance to metals markets. New discoveries by scientists brings hope to humanity.
This trading Wednesday brought stability and growth to stock markets, little shakes to equity markets and mixed performance to metals markets. New discoveries by scientists brings hope to humanity.
Hope for our planet – plastic eating chemical is discovered.
Scientists from USA, Brazil and Great Britain have made a fascinating discovery that may be the best thing to our planet in years. Over production of plastic bags, bottles and containers led to all of them being thrown away and form whole islands of garbage in the oceans. In regular conditions it may take up to 400 years for the plastic to be dissolved.
But now there is a glimpse of light as the new chemical, discovered by the group of scientists that eats the plastic away in a matter of a few days. The chemical is a mutated ferment of certain bacteria, discovered by Japanese scientists two yeas ago. Needed mutation was discovered by subjecting the bacteria to X-rays which were 10 thousand times brighter than the Sun.
It is already said that the chemical simply must be produced on a big scale in order for everybody to have access to it. This may be the only hope humankind has for now in the battle against plastic pollution.
France wants eurozone to be stronger – Germany agrees.
Angela Merkel want to reach some understanding with Emmanuel Macron concerning reforms in the euro zone, which, apparently could not be implemented into real life without France’s own reforms which have been postponed by French government for tens of years. Although European leaders were trying to take first steps in creating a bank union in the beginning of spring, German government has vetoed all the possible changes. Netherlands and 10 other countries have rejected the proposal altogether.
Merkel has told in an interview given by her in Berlin “The reforms that Europe needs go well beyond the issues of the economic and currency union. All equal columns of the same project: a strong Europe, one bound by values.”.
Almost all the time euro exists experts say that the structure of this currency is less than perfect and that it may not withstand the next financial crisis. But it seems that there is no force that can change Germany’s mind about much needed reforms.
It seems that negotiations for euro reforms is not too far away but the main problem for France may be that Germany is not only prepared “to take the part but also shape the negotiations”. The main concern for Germany’s parliament in the reforms is that in case of fail Germany will be the one stuck with all the debts. For now, it seems that Germany want to draw farther from monetary policies and focus on other topic, like artificial intelligence, for example.
Saudi Arabia is ready to help USA in Syria.
Saudi Arabia officials have stated that the country is ready to send their military to Syria as the part of fulfilling their agreement with the USA if American operation in Syria will become bigger. The claim was made by Arabian minister of international affairs Adel al Jubeir. He also reminded the press that Saudi Arabia was ready to help out its American partners during Obama administration.
There are still discussions about making the coalition bigger in order to fight ISIS. Although earlier White House was saying that there are plans to get their troops from Syrian territory. Together with this the official goal of American army is still named full defeat of ISIS and “creating the atmosphere that will prevent its comeback”.
Seeing this Wall Street Journal is saying that Donald Trump wants to form a military coalition in Syria. With this proposition Washington turned to Saudi Arabia, Qatar and United Arab Emirates. These countries were asked to give financial help and make a bigger contribution into resolving Syrian conflict.
Powers of international coalition are operating in Syria with the main goal to defeat ISIS since 2014 when terrorists gained control over vast territories in Syria and Iraq. Now South-East part of Syria hosts about 2000 American militaries.
Stocks, currencies and crude overview.
Possible improvement of relationship between the USA and North Korea brings hope to the investors across Asia and Europe although gains in Europe surpassed those in Asia. Dollar is steady, euro and pound are performing steady, yen fell lower.
Stoxx Europe 600 went higher by 0.1 percent.
MACI All-Country World gained 0.1 percent.
MSCI Emerging Market added 0.3 percent.
MSCI Asia Pacific is 0.6 percent higher today.
S&P 500 Index gained 0.1 percent.
Dollar gained 0.2 percent against the basket of six major currencies.
Euro went down 0.1 percent - $1.2354.
Pound lost less than 0.05 percent - $1.4284.
Yen lost as much as 0.3 percent – 107.37 – the lowest point for Japanese currency in 2 weeks.
WTI jumped up by 0.9 percent - $67.10 per barrel – the most expensive in a week.
Gold lost 0.3 percent - $1.343.76 an ounce.