Live news updates: Rio Tinto plans to take control of $2.7 billion Mongolian copper mine

Afghanistan has an anniversary coming up. Friday marks Independence Day, to commemorate the signing of the 1919 Rawalpindi Treaty, under which Britain granted Afghanistan self-determination in its foreign affairs. However, the majority will be more interested on Monday, which marks a year since the Taliban regained control.

This week also marks the 75th anniversary of the British withdrawal from the Indian subcontinent, marking the partition of India and Pakistan. India’s Prime Minister Narendra Modi is set to address the nation from the historic Red Fort in Delhi, likely focusing on problems in Kashmir, the country’s only Muslim-majority state.

For British schoolchildren, it’s all about the present as students in England, Wales and Northern Ireland on Thursday receive emails and envelopes containing the results of their first and professional level exams. The task of accepting and finding college places through the clearing process will then begin in earnest.

As with the Higher Advanced Exam scores announced for Scottish school students last week, A-level results are expected to be lower than last year, but likely to rise in the pre-pandemic years. The AQA said the papers would be graded more generously to reflect a return to normal testing conditions.

The UK’s summer of discontent will see another national rail strike this week, exacerbated by the general strike across London’s public transport networks. Next Sunday, more than 1,900 workers are set to strike at Felixstow, Britain’s largest container port, as well as another week of criminal lawyers’ strike in courts in England and Wales, with no solution in sight.

We are about to take an important step forward in NASA’s Artemis space program. The mission aims to land the first female and ethnic minority astronauts on the Moon, prepare for a long-term presence on the Moon and provide a springboard to send humans to Mars. NASA plans to livestream the transport of the Artemis 1 rocket to the launch pad on Wednesday with the goal of completing liftoff by the end of the month.

economic data

Inflation watchers will remain busy this week with updates from the European Union, Japan and Canada, plus the release of the minutes from the latest FOMC meeting could give some indication that the Fed is ready to tighten monetary policy on Wednesday.

It will also be a busy week for UK economic news with employment numbers, inflation, productivity, retail sales, consumer confidence and house prices. Everyone is likely to comment on the state of the UK plc.

comp

This week we reached the end of the current reporting season with results from a handful of retailers that are either completely online or have benefited significantly from e-commerce, particularly Walmart Tuesday, targeting And the Tencent after a day and AO . world Thursday.

AO World is trying to shift its business model away from sales growth to building and maintaining margins. The problem that retailers face as we enter an economic slowdown is maintaining sufficient sales demand.

Read the full calendar for next week here.

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