>>22009074

Hedge Fund CIO: "China's Xi Watches In Cold Sweat As Trump Is Announcing His New Team"

Tyler Durden's Photo

by Tyler Durden

Monday, Nov 18, 2024

China’s stock market had fallen 1.2% priced in dollars since November 4th,the day before America’s election. The S&P 500 had gained 2.8% in that time. The Euro Stoxx 50 index was -4.3% when priced in dollars, the economic chasm widening, inexorably. The UK stock market and the MSCI Emerging index both fell 4%.

“If we treat each other as an adversary or an enemy, viciously compete with and harm each other, the Sino-US relations will encounter twists and turns or even regression,” warned Xi, his economy struggling, its real estate crisis and debt burden suffocating the kind of growth he needs to maintain social cohesion. And beneath it all, China’s inescapable demographic collapse ground onward, such things are mathematically impossible to reverse.

Xi had watched in a cold sweat as America’s president-elect announced his new team, China hawks, trade hawks, anti-establishment players, people committed to challenging orthodoxy in every area of government; appointments unlike anything seen in modern American history.

https://www.zerohedge.com/markets/hedge-fund-cio-chinas-xi-watches-cold-sweat-trump-announcing-his-new-team

>>22009145

A data cable across Baltic Sea between Finland and Germany has broken and the cause is unknown

Finnish media outlets noted that the cable’s route to Germany runs in the vicinity of the two NordStream gas pipelines between Russia and Germany that aren’t currently functioning.

HELSINKI (AP) — A submarine data communications cable across the Baltic Sea between Finland and Germany has broken and the cause for the disruption is being investigated, Finnish authorities said Monday.

The Finnish state-controlled data services provider, Cinia, said “a fault” was detected Monday in the C-Lion1 cable that runs nearly 1.200 kilometers (746 miles) from the Finnish capital, Helsinki, to the German port city of Rostock.

Cinia said Finland’s international data and telecommunications connections are secured by running them through several routes, and the effects of a single cable failure would depend on the security level of service providers’ connections.

The C-Lion1, commissioned in 2016, is Finland’s only data communications cable that runs from the Nordic country directly to central Europe, according to Finnish public broadcaster YLE.

https://apnews.com/article/finland-germany-data-communications-cable-9b231aa47501545690a26a442fe106a5