On Monday, we’ll address the fallout from Italy’s move to the right after a grumpy election campaign. The Financial Times set out early on at length to decipher what far-right governments mean to the rest of Europe.
We also have elections this week in Latvia, Bulgaria, Kuwait and Bosnia and Herzegovina. But the most important will be Sunday’s first round of Brazil’s presidential election. The frontrunner of the race is left-wing former president Luiz Inacio Lula da Silva, but current president Jair Bolsonaro is far from out. Tensions are rising.
A smaller but significant vote will be held on Thursday, when City councillors will decide on the next mayor. This largely ceremonial role will be key to promoting the UK’s financial centre, so it’s important. Hopefully the ballots won’t be as contested as they were last year.
Aside from the election, it’s been a strong week for space travel. On Monday, NASA will crash a spacecraft into an asteroid at 23,000 kilometers per hour to change its path. The $300 million Dart mission, short for Double Asteroid Redirection Test, chose an asteroid called Dimorphos as its target because it orbits another asteroid instead of the sun.
The next day, NASA will again be busy launching Artemis 1, the first in a series of increasingly complex missions to establish a permanent human base on the moon.
If that wasn’t exhilarating enough, the week ends with the return of the London Marathon, albeit six months later than its usual April slot, to allow it to take place fully after the disruption caused by the pandemic.
company
Continuing the theme of the game, Lego (The name comes from Danish lie down, or “play well”) reported its half-year results on Wednesday. The toy maker has guided analysts to expect sales to return to normal after the outbreak, but expectations are high that sales will continue to outpace rivals in the industry.
Thursday was an exciting day for gasoline chiefs as shares traded in Porsche After the long-awaited listing of the luxury car brand, it will start trading on the Frankfurt Stock Exchange.
It’s been an even more gloomy week for screen lovers.Ailing Pictures Chain movie world It will report its half-year results on Friday. While the group is expected to be profitable, the focus will turn to its latest cash position and net debt levels after the company filed for bankruptcy protection in the U.S. earlier this month, in stark contrast to last year’s losses.
Economic data
This week will see how economies are performing and what the public is expecting to do with GDP data from the US, Canada and the UK, as well as multiple consumer confidence surveys.
We’ll also learn more about Europe’s fight to quell inflation with the release of CPI and PPI data from Germany, France and Italy.
Read the full week’s calendar here.