Posts Tagged ‘Trump 45th President’

Week of Jan 20 2017 Weekly Recap & The Week Ahead

Monday, January 23rd, 2017

“Change is the law of life. And those who look only to the past or present are certain to miss the future” — John F. Kennedy.

1. Britain ‘s PM May Sets Out Brexit Vision With Pledge to Quit EU Single Market — Britain will not seek a Brexit deal that leaves it “half in, half out” of the EU, Prime Minister Theresa May said in a speech outlining her 12 priorities for upcoming divorce talks with the bloc. Those will likely include leaving the EU’s single market and regaining full control of Britain’s borders. May said she wanted an agreement about the nature of the future relationship with the EU by the time the Article 50 exit negotiation process completes in early 2019. That would be followed by “a phased process of implementation, in which both Britain and the EU institutions and member states prepare for the new arrangements.”
2. Trump Vows Health ‘Insurance For Everybody’ — Trump has pledged to provide “insurance to everybody” under his plan to replace Obamacare, The Washington Post reported. He also promised to force pharmaceutical companies to directly negotiate drug prices with the government for Medicare and Medicaid, stating “they’re politically protected, but not anymore.”
3. Amazon Patents Autonomous Vehicle Lane Assignment System — Amazon (AMZN) recently filed a new patent designed to help self-driving vehicles identify the driving lanes best-suited for their individual needs based on things like speed and destination, or time of day and traffic flow. The new system could also help autonomous cars spot reversible lanes, which let vehicles travel in either direction depending on the displayed overhead signal.
4. Turkcell Tests 5G Mobile Internet with Ericsson — 5G mobile internet technology marks the beginning of the “fourth industrial revolution,” Turkcell (NYSE:TKC) CEO Kaan Terzioglu told CNBC. He also said the telecom completed a test in partnership with Ericsson (NASDAQ:ERIC) this past week, using the next-generation internet. 5G is largely viewed as a medium that can support the industrial and “Internet of Things” space, while 4G revolutionized the consumer market.
5. Donald Trump Sworned In As 45th president, Promising ‘Only America First’ — Donald Trump was sworn in as the 45th president of the United States and delivered a fiery attack on the Washington establishment. Trump’s speech was aimed squarely at supporters who felt aggrieved and overlooked during the Barack Obama presidency. With Obama sitting steps away, he described an America riven by crime and social tumult. Trump pledged that U.S. interests would be at the center of his presidency, even at the expense of longstanding foreign relationships.

The week ahead — Economic data from Econoday.com:

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