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WEEK IN REVIEW
MONDAY
FIFA World Football Cup kicked off yesterday with opening ceremonies. 2022 HIMSS Middle East Health Conference & Exhibition, Riyadh, Saudi Arabia. EU Ministers will discuss the implementation progress of the New EU Forest Strategy for 2030.
TUESDAY
United Nations World Health Organization kicks off Antimicrobial Awareness Week. International Transport Forum Regional High-Level Dialogue for Asia (Program), Bangkok, Thailand. Reuters’ Sustainability Reporting & Communications Europe 2022, London, UK. Pharmaceutical Regulatory Affairs in China, Online. EU members of Parliament will debate and vote on new rules to improve the protection of the EU’s essential infrastructure by introducing harmonized minimum requirements for risk assessments and national resilience strategies. EU budget for 2023 will be discussed with a vote on Wednesday.
WEDNESDAY
Future of Utilities Conference, London, UK. 2022 OECD Green Growth and Sustainable Development (GGSD) Forum, Paris, France. Healthy Cities Annual Business Meeting and Technical Conference, UN City, Copenhagen, Denmark (Nov 22-24).
THURSDAY
The Global Health Network Conference 2022, University of Cape Town, South Africa. 11th Asian Smart Cities Conference, Asian Development Bank, Online.
FRIDAY
EU Ministers will hold a discussion on EU-US trade relations. They established the Trade and Technology Council. EU is concerned about perceived discriminatory elements of the US Inflation Reduction Act.
SATURDAY & SUNDAY
14th World Conference on Injury Prevention and Safety Promotion, Adelaide, Australia (Sunday).
GLOBAL ECONOMIC PULSE
This week will be the kickoff of FIFA World Cup, Thanksgiving and Black Friday sales. Federal Reserve minutes, Reserve Bank of New Zealand, Riksbank, Bank of Israel, Bank of Korea all will report interest rate and will update monetary policy. Chile’s GDP growth was negative. Brazil will communicate an inflation update while President Lula’s transition team expects higher spending. India’s Supreme Court ruling points to higher pension benefit under the Employees’ Pension Scheme, 1995. Korea-Israel free trade agreement enters into effect 1 December. Infrastructure investment in rail in Gulf Cooperation Council countries are growing to nearly $100 billion. They are listed below.
Earnings reports are expected from: Medtronic and Best Buy.
NOTEWORTHY REPORTS, REGULATIONS, LEGISLATION, DECISIONS & EVENTS
- Countries at the 27th United Nations climate change conference (COP27) have an agreement to create a fund to help poorer countries respond to loss and damage related to the climate crisis. A committee will meet before April 1, 2023, to make recommendations on how the fund will work. The proposal will then be put forward to countries at the COP28 climate summit in November 2023.
- On November 11th China announced a list of 20 optimizations to its COVID policy. China’s State Council outlined in four documents detailed regulations on nucleic acid testing, classification of risk areas, home quarantine and home health monitoring.
- U.S. Department of Transportation (“Department”) has laid open a Request for Information on enhancing the safety of vulnerable road users at intersections. Here is a response example: LINK.
- Peterson Institute published “The Portfolio of Economic Policies Needed to Fight Climate Change”.
- Japan’s cabinet published Japan’s Integrated Innovation Strategy 2022. It is the second annual strategy, positioned as an action plan for the Sixth Science, Technology and Innovation Basic Plan approved in 2021.
- New China Belt & Road Initiative overview was published.
- U.S. Securities and Exchange Commission published “Enhancement and Standardization of Climate-Related Disclosures“
- Since 2010, the “Business 20” (B20) has been the official business and association dialogue forum for the business community to communicate and share their aspirations with the G20 governments. After a full program of discussions, the final policy recommendations are here. Other policy papers are here.
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