Bled Strategic Forum to discuss EU, global challenges
The Bled Strategic Forum (BSF), Slovenia's top foreign policy event, will continue on Tuesday with discussions on EU and global challenges. Panellists will talk about what lies ahead for the new European Commission, while UN High Commissioner for Human Rights Michelle Bachelet Jeria will present the state of human rights.
Eligma wins EUR 4m foreign investment
Eligma, the Slovenian company providing smart commerce solutions, has received a EUR 4 million investment from the Swiss Pangea Blockchain Fund and Bitcoin.com to finance its expansion in the global market.
Stocks Decline as Treasuries Steady and Pound Slides
Stocks slipped in Europe and Asia while U.S. equity futures fell from Friday levels before traders return from the three-day weekend in America. The pound sank against the dollar as Brexit divisions raise the possibility of an early election in Britain.
Declines in mining and retail shares led the Stoxx Europe 600 index lower. Shares fell in most of Asia, though they saw modest gains in Tokyo and Shanghai. A gauge of the dollar advanced for a seventh consecutive session. Treasuries were steady while European sovereign bonds edged higher. The pound tumbled below $1.20 for the first time since 2017 after Prime Minister Boris Johnson threatened to call a general election rather than acquiesce to a potential Parliamentary demand that he request another postponement for the U.K.’s departure from the European Union.
September is off to a rocky start as markets remain sensitive to the twists and turns of the Sino-U.S. trade war, with scant progress toward a resolution apparent. There’s mistrust on both sides, and officials from the world’s two largest economies are having trouble agreeing when to hold meetings that had been planned for this month and on basic terms of re-engagement. Violentconfrontations in Hong Kong are also weighing on sentiment.