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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (163839)	10/18/2020 2:16:04 AM
From: sense	Respond to of 217740

LOL !!! You need to read more.

To: ggersh who wrote (163839)	10/19/2020 8:19:30 PM
From: TobagoJack	Respond to of 217740

Re <<Trade war>> on best customer, investor, and tourist Let us see if Team Australia's iron ore go the way of Team Canada's canola oil, as did its beef, wine, and coal bloomberg.com Vale Is Ramping Up Faster Than Thought in New Blow to Iron Bulls James Attwood Vale SA produced more iron ore than expected last quarter amid a record haul at its newer mines in northern Brazil, in the latest sign of rising supplies that have stalled a rally in prices. The Rio de Janeiro-based company reported third-quarter production of 88.7 million metric tons, its best result in almost two years and ahead of the 85.7 million-ton average estimate among six analysts surveyed by Bloomberg. Futures of the steelmaking ingredient have slipped almost 8% since hitting a six-year high in mid-September as shipments out of top-producing nations Brazil and Australia increase ahead of a seasonal slowdown in Chinese demand. Vale is navigating legal and pandemic obstacles in its recovery from the Brumadinho dam collapse that cost 270 lives and its title of world’s top producer. Accelerating second-half output has it on track to hit an annual target of 310 million tons, Chief Financial Officer Luciano Siani Pires said earlier this month, while Chief Executive Officer Eduardo Bartolomeo said last week he’s “pretty sure” of reaching 400 million tons by the end of 2022 or early 2023. Despite the recent pullback, iron ore prices are still 27% above where they started the year amid strong Chinese demand. Vale was raised to an investment-grade credit rating by Moody’s early this month and has reinstated dividends after cases of Covid-19 among staff stabilized. Its shares are up 16% this year. To be sure, not all of Vale’s output will hit the market immediately, with the company expected to replenish inventories along the supply chain, including in Asian distribution centers, said Bradesco analyst Thiago Lofiego. Sales volume was just 65.8 million tons in the third quarter. Vale’s nickel production slumped 21% from April-June, mainly because of maintenance work that was rescheduled from previous quarters. Copper output was up slightly quarter on quarter but down 11% from a year earlier. Coal also improved from the second quarter but was down 40% in the year-ago comparison. Vale is scheduled to report quarterly earnings after the close of regular trading on Oct. 28, with calls the following day at 9 a.m. and 11 a.m. New York time. Before it's here, it's on the Bloomberg Terminal. LEARN MORE

To: ggersh who wrote (163839)	10/20/2020 3:53:33 AM
From: TobagoJack	Respond to of 217740

let us see if the Swiss should declare trade war against best customer as Australia, Britain, Canada, Denmark, ... but yet Zimbabwe already did bloomberg.com Swiss Watch Exports Decline, Leaving Industry More China-Reliant Corinne Gretler 20 October 2020, 14:43 GMT+8 Swiss watch exports to China surged 79%, while falling almost everywhere else. Photographer: Stefan Wermuth/Bloomberg LISTEN TO ARTICLE Swiss watch exports extended their longest decline in about three years as the industry becomes even more dependent on the Chinese market. Shipments fell 12% to 1.6 billion francs ($1.76 billion) in September, dropping an eighth consecutive month, according to the Federation of the Swiss Watch Industry. Exports to China surged 79%, while falling almost everywhere else. China has been one of the few bright spots amid the gloom this year, and the country is replacing Hong Kong as the top destination for Swiss luxury timepieces. Hong Kong had been the biggest market for more than a decade, as wealthy Chinese often traveled there to buy watches to avoid China’s luxury taxes. Swiss watchmakers in turn overly relied on that market, and suffered when pro-democracy protests erupted on the island and China started trying to engineer a shift of luxury consumption to the mainland. Now Swiss watchmakers are eyeing the southern Chinese province of Hainan as business there is booming amid its resorts and casinos, according to Julien Tornare, the head of LVMH’s Zenith brand. China in July increased the tax-free shopping limit in Hainan to 100,000 yuan ($14,930) annually per person, up from 30,000 yuan. Swiss watch exports dropped 28% in the first nine months of the year. Before it's here, it's on the Bloomberg Terminal. LEARN MORE

To: ggersh who wrote (163839)

10/20/2020 6:23:43 AM

From: TobagoJack

Read Replies (2) | Respond to of 217740

this below trajectory is going to be a hoot, because

China is easily Ericsson's 1 / 2 market, and Sweden is but a speck on Huawei's radar screen, and better
Ericsson makes stuff in China, but Huawei makes nothing in Sweden

bloomberg.com

Sweden Bans Huawei, ZTE From New 5G Infrastructure

Niclas Rolander
Sweden has banned Huawei Technologies Co . and ZTE Corp. from gaining access to its fifth-generation wireless network, adding to the increasing number of European governments forcing local telecom companies to shift away from Chinese suppliers.

The Swedish Post and Telecom Authority said in a statement Tuesday that the “influence of China’s one-party state over the country’s private sector brings with it strong incentives for privately owned companies to act in accordance with state goals and the communist party’s national strategies.”

It went on to say that the two Chinese technology giants must be blocked from existing infrastructure by January 2025.

The U.S. has described Huawei as the “backbone” of surveillance efforts by the Chinese communist party, and is pressuring European governments to block the technology company from gaining access to 5G networks. The U.K. has already imposed an outright ban on Huawei’s 5G equipment, while German Chancellor Angela Merkel has so far hesitated to follow suit.

A spokesman for Huawei didn’t immediately respond to a request for comment. Huawei has previously denied being a security threat, and Chinese officials have labeled the bans by European governments as “ gross interference.”

Technology Gets Political
Position on including equipment from China’s Huawei in 5G mobile networks, as of July 15, 2020

Source: Bloomberg

Finland’s Nokia Oyj and Sweden’s Ericsson AB have been the major beneficiaries of the ban on using Huawei equipment, with the two companies forming an effective duopoly on 5G gear. In the U.K., many carriers now need to swap out some of their Huawei 4G technology for Nokia and Ericsson equipment before installing 5G.

The hostility from the U.S. and its allies has damaged the meteoric rise of Huawei, China’s biggest tech firm, which has helped build 5G networks in more than 10 countries and was expected to do the same in another 20 this year. Customers have now begun to shift to other suppliers. Last month, Nokia extended its relationship with BT Group Plc to supply the British phone company with 5G gear.

ZTE, Huawei’s much smaller rival, almost collapsed after the U.S. Commerce Department banned it from buying American technology for three months in 2018. Both ZTE and Huawei are set to be shut out of India’s plans to roll out its 5G networks.

Tele2 AB, Sweden’s second largest telecom company, has used Huawei for its 4G equipment, and noted on its earnings call Tuesday that the Chinese company was “doing a great job” but they had planned for the possibility of a ban.

PTS granted access to new 5G installations to Hi3G Access, Net4Mobility, Telia Sverige and Teracom. The approval means the companies can participate in Sweden’s 3.5 GHz and 2.3 GHz auctions, which are key to its 5G build-out.

Read More

Huawei Besieged on New European Front After U.S. Targets Cloud U.K. Lawmakers Ask Johnson to Consider Faster Huawei 5G Ban Trump Is Still Trying to Pressure Merkel Into Banning Huawei How Huawei Landed at the Center of Global Tech Tussle: QuickTake

— With assistance by Thomas Seal

(Updated with additional context.)

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