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    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

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    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 26 FEBRUARY: | Tech stocks bloodied in $50b ASX selloff | iCandy Interactive heralds maiden EBITDA positive full year | China, Hong Kong stocks drop over 2% as bond yields surge |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 26 FEBRUARY: | ASX to drop, US bond yields surge | Graphite demand grows as Novonix wraps up $146m capital raising | Federal green bank powers up Victoria’s ‘Big Battery’ with $160m boost |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 25 FEBRUARY: | Blue-chips stand strong as ASX chases Wall St higher | Mainland China, Hong Kong shares rebound; property stocks jump | Peak’s Founder Niv Dagan to feature at Emergence 2021 |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 25 FEBRUARY: | ASX to rise | Dow tops 32,000 for the first time | Mobile payments company Peppermint Innovation gets set to relist into a red-hot fintech market |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 24 FEBRUARY: | ASX drops 0.9% as tech, telcos, miners dive | Fatfish Group subsidiary Abelco posts record full-year profit | China stocks drop; Hang Seng slumps 2% on report of stamp duty hike |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 24 FEBRUARY: | ASX futures pare losses | US stocks turn mixed as buyers rush in | Fortescue’s green hydrogen vision for iron and steel takes a leap forward |

    PEAK ASSET: AFTERNOON WRAP 23 FEBRUARY: | ASX gains 0.9% buoyed by miners and banks | Crowd Media beds down investment in Aflorithmic Labs as part of AI collaboration | Financials lift China stocks, but policy tightening worries persist |

    PEAK ASSET: MORNING WRAP 23 FEBRUARY: | ASX to rise as commodities extend gains | CleanTeQ demerges water business, to focus on battery metals |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 22 FEBRUARY: | ASX slips 0.2% as AUD hits 3-year highs | Zenith Minerals has drill bit turning at Red Mountain in hunt for commercial gold deposit | Chinese blue-chips dip on high valuations, policy tightening fears |

    Trending Tags

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  • Charts

    The Cotton Row Journal, week of 22-26 Feb

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 26 FEBRUARY: | Tech stocks bloodied in $50b ASX selloff | iCandy Interactive heralds maiden EBITDA positive full year | China, Hong Kong stocks drop over 2% as bond yields surge |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 26 FEBRUARY: | ASX to drop, US bond yields surge | Graphite demand grows as Novonix wraps up $146m capital raising | Federal green bank powers up Victoria’s ‘Big Battery’ with $160m boost |

    NASDOG.com: Fwd: grains- 5YR.-CHART- CRASH, TMUL

    NASDOG.com: Fwd: grains- 5YR.-CHART- CRASH, TMUL

    The Cotton Row Journal, week of 22-26 Feb

    Daily Game Plan from Cabrera Capital

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 25 FEBRUARY: | Blue-chips stand strong as ASX chases Wall St higher | Mainland China, Hong Kong shares rebound; property stocks jump | Peak’s Founder Niv Dagan to feature at Emergence 2021 |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 25 FEBRUARY: | ASX to rise | Dow tops 32,000 for the first time | Mobile payments company Peppermint Innovation gets set to relist into a red-hot fintech market |

    Cabrera Capital Daily Game Plan

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Wednesday AP Morning Wire

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AP MORNING WIRE

Good morning. In today's AP Morning Wire:

 

  • UK suffers 'tsunami' of grief as coronavirus deaths pass 100,000.
  • US boosting vaccine deliveries amid complaints of shortages.
  • First Biden-Putin call shows both are cautious on major concerns.
  • India farmers back at protest camp after deep challenge to Modi.
     

TAMER FAKAHANY
DEPUTY DIRECTOR – GLOBAL NEWS COORDINATION, LONDON

The Rundown

Alternate text

AP PHOTO/JON SUPER

UK's 'tsunami' of grief: Coronavirus deaths pass 100,000 as outbreak still rages;  Fatalities in UK worse than WWII civilian toll

 

The United Kingdom has become the first country in Europe to pass 100,000 coronavirus-related deaths as infections around the globe topped 100 million.

 

With more than 2.1 million dead worldwide, people the world over are mourning loved ones, but the U.K.’s toll weighs particularly heavily: It is the smallest nation to pass the painful milestone.

 

For comparison, the United States, with five times Britain’s population, has four times the number of deaths at over 425,000.

 

“It’s hard to compute the sorrow contained in that grim statistic,” a somber Prime Minister Boris Johnson said at a televised news conference.

 

Alongside mass deaths comes mass grief, made even more acute by the social distancing measures in place to slow the virus’s spread. Charities and other groups are urging the government to offer more help to deal with this “tsunami” of grief and a surge in mental health problems, Pan Pylas reports from London. 

 

Civilian Deaths: The U.K. has now suffered its worst civilian loss of life since World War II by a significant number. Some 70,000 non-combatants perished during the six years of war, including 40,000 in the 1940-41 Blitz alone. Three quarters of a century later, it's 100,000 taken by the pandemic, an enemy no less relentless and fearsome than Nazi Germany was then and one whose defeat is still some time away.

 

One hundred thousand dead. For perspective: That's just over 3,000 more than witnessed England's only World Cup triumph in 1966 at Wembley Stadium as “Sunny Afternoon” by The Kinks topped the pop charts. And it's 30,000 more than the crowd that gathered two decades later at the same famous venue for the Live Aid concert.

Alternate text

AP PHOTO/KATHY WILLENS

US boosting vaccine deliveries in 'wartime effort' amid complaints of shortages; Who goes first? Vaccine rollout forces stark moral choices

 

President Joe Biden says the U.S. is ramping up vaccine deliveries to hard-pressed states over the next three weeks and expects to provide enough doses to vaccinate 300 million Americans by the end of the summer or early fall.

 

Biden has called the push a “wartime effort," adding that his administration is working to buy an additional 100 million doses of each of the two approved coronavirus vaccines,

Jonathan Drew and Zeke Miller report.

 

He acknowledged that states in recent weeks have been left guessing how much vaccine they will have from one week to the next. Shortages have been so severe that some vaccination sites around the U.S. had to cancel tens of thousands of appointments.

 

Biden called that “unacceptable” and said "lives are at stake.”

 

In the meantime, the president is dispatching America's top scientists and public health experts to regularly update the public about the pandemic. Beginning today, the experts will host briefings three times a week on the state of the outbreak and efforts to control it.

 

Americans can expect a sharp contrast from the Trump administration’s briefings, when public health officials were repeatedly undermined by a president who shared his unproven ideas without hesitation.

 

Moral Dilemma: Oregon teachers are eligible for COVID-19 shots before senior citizens after Democratic Gov. Kate Brown decided to prioritize reopening schools. The decision has outraged older people and underscores the moral dilemma that state and local officials across the U.S. are facing as they decide who's first in line for the vaccine.

 

Ethicists say America hasn't faced such a stark moral calculus in generations. Everyone from the elderly and those with chronic medical conditions to communities of color and front-line workers are clamoring for the scarce vaccine. And each group has a compelling argument for why they should get priority, Gillian Flaccus and Sara Cline report from Oregon.

 

Parade-less Mardi Gras: You can’t keep a good city down, especially when Mardi Gras is coming. All around New Orleans, thousands of houses are being decorated as floats because the pandemic canceled the elaborate parades usually mobbed by crowds during the Carnival season and on Fat Tuesday. The “house float” movement started almost as soon as a city spokesman announced in November that parades were cancelled, Janet McConnaughey reports.

Alternate text

AP PHOTO/ALEXANDER ZEMLIANICHENKO

First Biden-Putin call shows both cautious on major concerns; GOP largely sides against holding Trump impeachment trial, but can't halt it

 

U.S. President Joe Biden and Russian leader Vladimir Putin have held their first conversation as counterparts in a phone call that underscored troubled relations and the delicate balance between the former Cold War foes.

 

According to the White House, Biden raised concerns about the arrest of opposition figure Alexei Navalny, Russia's alleged involvement in a massive cyber espionage campaign and reports of Russian bounties on American troops in Afghanistan, Matthew Lee and Jonathan Lemire report.

 

The Kremlin, meanwhile, focused on Putin's response to Biden's proposal to extend the last remaining U.S.-Russia arms control treaty:  a five-year extension of the New START nuclear weapons treaty that expires next month has been welcomed by both sides.

 

While the readouts from Washington and Moscow emphasized different elements, they both suggested that relations will be guided, at least at the beginning of the Biden administration, by a desire to do no harm but also no urgency to repair existing damage.

 

Unlike his immediate predecessors — including Donald Trump, who was enamored of Putin and frequently undercut his own administration's tough stance on Russia — Biden has not held out hope for a “reset” in relations with Russia.

 

Trump Impeachment: All but five Senate Republicans have voted in favor of an effort to dismiss Trump’s historic second impeachment trial. The vote made clear a conviction of the former president for “incitement of insurrection” after the deadly Capitol siege is unlikely. While the Republicans did not succeed in ending the trial before it began, the test vote made clear that Trump still has enormous sway over his party as he becomes the first former president to be tried for impeachment. A two-thirds vote would be required for Trump's conviction. Trial arguments begin the week of Feb. 8. Lisa Mascaro and Mary Clare Jalonick report. 

 

Trump’s loosely organized political network is certainly testing its grasp on the Republican Party ahead of the trial. Trump has made clear that he intends to remain a dominant force in GOP politics for the foreseeable future. Steve Peoples and Jill Colvin have that story.

 

A week after leaving the White House in disgrace, Trump has taken modest steps to inject himself in the political debate and raise the prospect of political retribution for those who crossed him. Trump’s involvement in national politics so soon after his departure marks a dramatic break from past presidents, who typically leave the spotlight, at least temporarily, 

Alternate text

AP PHOTO/DINESH JOSHI

India: Farmer Protests

Farmers back at protest camp outside New Delhi after deep challenge to PM Modi

 

Tens of thousands of farmers who stormed the historic Red Fort on India’s Republic Day are again camped outside the capital after the most volatile day of their two-month standoff left one protester dead and more than 300 police officers injured.

 

The protests demanding the repeal of new agricultural laws have grown into a rebellion that is rattling Prime Minister Narendra Modi’s government, reports Ashok Sharma from New Delhi.

 

Their brief takeover of the 17th-century fort, which was the palace of Mughal emperors, played out live on Indian news channels. The farmers, some carrying ceremonial swords, ropes and sticks, overwhelmed police. In a profoundly symbolic challenge to Modi’s Hindu-nationalist government, the protesters who stormed Red Fort hoisted a Sikh religious flag.

 

PHOTOS: Protesting farmers storm India's Red Fort.

Other Top Stories

AP Exclusive: US DOJ rescinds ‘zero tolerance’ immigration rule

The U.S. Justice Department has rescinded a Trump-era memo that established a “zero tolerance” enforcement policy for migrants crossing the U.S.-Mexico border illegally, which resulted in thousands of family separations. A new memo was issued to federal prosecutors across the nation, saying the department would return to its longstanding previous policy and instructing prosecutors to act on the merits of the cases. The “zero tolerance” policy meant any adult caught crossing the border illegally would be prosecuted for illegal entry. Because children cannot be jailed with their family members, families were separated and children were taken into custody.  It was a massively unpopular policy responsible for the separation of more than 5,500 children from their parents at the U.S-Mexico border.

Indonesian volcano unleashes river of lava in new eruption

Indonesia’s most active volcano has erupted with a river of lava and searing gas clouds flowing down its slopes. An Indonesian volcanology official says the eruption set off Mount Merapi’s longest lava flow since the volcano’s danger level was raised in November. The existing warning for people to keep at least 3 miles from the crater was still in effect as authorities monitor the situation. Merapi is on the densely populated island of Java and near the ancient city of Yogyakarta. It is the most active of dozens of Indonesian volcanoes.

US says Eritrean forces should leave Ethiopia's Tigray immediately

The United States says all soldiers from Eritrea should leave Ethiopia’s embattled Tigray region immediately. A State Department spokesperson in an email to the AP cites credible reports of looting, sexual violence, assaults in refugee camps and other human rights abuses. The spokesperson says there is also evidence of Eritrean soldiers forcibly returning Eritrean refugees from Tigray to Eritrea. It reflects new pressure by the Biden administration on the government of Ethiopia, Africa’s second most populous country, and other combatants as the deadly fighting in Tigray nears the three-month mark. The U.S. stance shifted dramatically from the conflict's start when the Trump administration praised Eritrea for its restraint.

Amid crisis, Hezbollah 'bank' a lifeline for some Lebanese

As more Lebanese fall into poverty in the country's economic crisis, increasing numbers are turning to the financial arm of the militant Hezbollah group for help. The Hezbollah-run organization known as al-Qard al-Hasan provides small, interest-free loans in dollars at a time when Lebanese are desperate for hard currency and commercial banks are not lending. The organization says it has seen a significant jump in clients in the past year. It's a sign of how Iranian-backed Hezbollah entrenches its role among Lebanon's Shiite Muslims even as the group comes under enormous criticism from other Lebanese furious at their leadership.

Alternate text

We'll leave you with this…

 

Jane Fonda to receive Golden Globes' Cecil B. DeMille Award

 

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