ANZ Group says the Securities and Investments Commission is investigating the bank’s execution of a government bond sale. Adam Haigh reports trib.al/VgNMkxa

1/ One of the more relevant relationships to watch in the coming months will be between the incoming Defense Minister Belousov, the re-appointed Prime Minister Mishustin, Deputy Prime Minister Chernyshenko and the Minister of Digital Development Shadaev. All four are...

SoftBank Group subsidiary Arm will foray into the development of AI chips, seeking to launch the first products next year.
s.nikkei.com/3QGaapE

Lithuanian President Gitanas Nauseda won the early vote count in Sunday’s election, putting the outspoken critic of Russia’s Vladimir Putin closer to securing a second term as head of state trib.al/nK2XQEf

When Michael Cohen takes the stand this week as a witness at Donald Trump’s criminal trial in Manhattan, he will unearth some of the secrets he buried, revealing a mess that prosecutors say his former boss was desperate to hide. nyti.ms/3UBgcsN

Just published: front page of the Financial Times, international edition, Monday 13 May on.ft.com/3UCvwp9

Monday's front page 🗞️ #TomorrowsPapersToday

Global chips battle intensifies with $81 billion subsidy surge bloomberg.com/news/features/… via Mackenzie Hawkins Ian King Jillian Deutsch Yoshiaki Nohara 野原良明 Gao Yuan

Sunday show hosts keep asking Republicans if they'll accept the election results, and their answers indicate they won't unless Trump wins. It's just not a sustainable situation for democracy.

The Russian Ambassador for Mozambique has been found dead, in the draw of a hospital morgue.

Moscow has, of course, urged local police to carry out no examinations on the body.

The biggest story today is that the then-Lord Chancellor and Secretary of State for Justice was a direct witness to a criminal attempt to pervert the course of justice, and covered it up for four years because it involved one of his political allies.

Sergei Shoigu is now going to head the Russian security council instead of Nikolai Patrushev, arguably Putin's closest aide. No word on where the latter is going.
t.me/rian_ru/245180

Wow – Putin has appointed Andrei Belousov, a longtime economic advisor, to head Russia’s defense ministry. Sergei Shoigu must be out! t.me/rian_ru/245175

Key Events This Week:

1. April PPI Inflation data - Tuesday

2. Fed Chair Powell Speaks - Tuesday

3. April CPI Inflation data - Wednesday

4. April Retail Sales data - Wednesday

5. Philadelphia Fed Manufacturing data - Thursday

6. Total of 12 Fed speaker events this week…

2/2. And to bear in mind, as #Bloomberg ’s #BRI piece noted back in February, Chinese investment in Latin America has already seen a drop /in 2023 - see chart ⤵️

▫️bloomberg.com/news/articles/…

Also check out #FiSF ’s report greenfdc.org/wp-content/upl… [02/2024] via Christoph Nedopil + Griffith Asia Inst

🔵 STRATFORD-ON-AVON: Will Tanner, who is Sunak's deputy chief-of-staff in Downing Street, was a guest speaker at a meeting of Stratford Conservatives yesterday chaired by retiring MP Nadhim Zahawi. Tanner is clearly keen to replace Zahawi.

Neo-fascists march through Paris despite government commitment to ban ultra-right demonstrations lemonde.fr/en/france/arti…