[5 books this morning] Selected news to read before starting work
retreating
BidenThe US President (81) revealed in a post to X (old Twitter) that he would withdraw from the presidential election. On top of that, it was stated that they would support Vice President Harris (59) as the presidential candidate of the Democratic Party.
It was less than 4 months until the presidential election vote, and the decision was made a few weeks ahead of the Democratic National Convention (DNC). Mr. Biden said he would give a detailed explanation to the public during this week. “Now is the time for the Democratic Party to unite and overthrow Mr. Trump,” she posted. Former President Clinton and his wife expressed support for Mr. Harris.
Local Remedies
China'sXi JinpingThe President of the State revealed a sweeping plan to strengthen the financial situation of local governments with debt. In a document released by the state-run Xinhua News Agency on the 21st, it was stated that an increase in consumption tax revenue received by local authorities would be gradually permitted, and it was suggested that more revenue would shift from the central government to regional financial resources.
While Mr. Xi is fine-tuning policies for risk management, it suggests that there are no major changes in the comprehensive plan to focus on advanced manufacturing to drive the Chinese economy.
Half deficient
US Currency Supervisory Authority (OCC) is half of the major banks that supervise, and it was determined that there are deficiencies in understanding a wide range of potential risks, from cyber attacks to employee scandals.
Multiple stakeholders who are familiar with the situation have made it clear. According to the OCC's confidential evaluation,Operational risk management was deemed “insufficient” or “weak” at 11 of the 22 major banks. As a result of this, approximately one-third of the major US banks were judged to be 3 or less in a 5-point evaluation of comprehensive management.Based on successive bank failures last year, US regulators are concerned about the risk management levels of major banks.
Airstrikes on port cities
IsraeliThe military attacked the port city of Hodeida controlled by the Islamic Shia armed organization Houthis faction in Yemen. Three people were killed and 87 were injured. It retaliated against a drone (drone) attack on Tel Aviv by the Houthis faction supported by Iran. A Houthi spokesman said in a statement that the target was a private facility and that the faction would not stop attacking merchant ships in Israel and the Red Sea.
Proposal to expand interests
Saudi Arabia's government fund, Public Investment Fund (PIF), is a British luxury department storeSelfridgesA plan to additionally acquire up to 50% of the rights and interests of was presented. It was revealed in documents obtained by Bloomberg News. PIF already owns 10% of Selfridges assets. Selfridges, owned by the Austrian real estate company Cigna, submitted documents relating to inability to pay on 7/15. According to this, PIF has offered to acquire an additional 40% interest with 1 million pounds (about 200 million yen) in cash.
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2020年2月より米国個別株投資、元手資金800万→4年半後現在 運用資金約3000万円程。実際は$で計算。PFはnoteでKen artlinkで検索
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