Flags of the European Union and the United States.
Sean Gallup Getty Images News | Gety pictures
CNBC’s important office has a puzzle this week: How to approach July 9.
Why is this specific date important? It is the deadline for commercial negotiations between the United States and the European Union before the ax tariff (perhaps) again.
But President Donald Trump’s tendency to move the deadlines make it difficult to adhere to a major coverage plan when history becomes excessive. However – as we have seen with the sudden agreed framework between the United States and China in Geneva again in April – you cannot also bear the importance of the lack of time.
What we know is that the full commercial deal is “impossible” before the deadline, in the words of the European Commission President Ursula von der Layen, and that the best Brussels can hope for an “agreement in principle”.
As said CNBC Silvia Amaro last week, the European Union screams at least a The bare deal To show progress and avoid 50 % tax on the products that were exported from the mass.
We must get some clues from Brussels on Tuesday and Wednesday, where European financial ministers meet for their usual meeting in Brussels.
Capital Cartel
Another more specific task: OPEC symposium. The circus returns to Vienna, where the international symposium for oil producers will be held at the Grand Hofburg Palace in the city on Wednesday and Thursday. The meeting will present the delegates two days of discussion and analysis on energy security and investment.
It is far from the days of Scrum Media Scrum at the concrete headquarters on the other side of the Austrian capital. As a novice product, you are lucky enough to cover OPEC with CNBC Steve Sidguke anchor. Before Covid, these Russian meetings between the annual are witnessed by journalists fighting for the audio shots of the most influential OPEC ministers in the world. In those days, he was known for affection for a less polite term …
OPEC+members-a broader group that includes two OPEC producers, including Russia-at the end of this week to decide on a very expected (expected) output in a volatile month of crude prices.
At the symposium, the CEO of some of the world’s largest energy companies, including BP and Shell, will join the ministers. Murray Auchincloss and Wael Sawan Executive Chiefs will be the center of interest where market monitors and journalists alike are looking for any evidence A lot of obstruction It can still be on the cards.
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