BREAKING NEWS BRIEF
The Olympic flame starts its final leg to Tokyo
It was meant to be a curtain-raiser for thousands of sports fans, a celebration of Japan’s recovery from the nuclear disaster ten years ago that would showcase a country emerging strongly from years of economic gloom. Unfortunately, the Grand Start of the Olympic Torch Relay in Fukushima was closed to the public on Thursday. Members of Japan’s women’s football team prepared to kick off the flame’s 121-day domestic journey to Tokyo.
Amid the pandemic, anyone not among the 300 invited participants and officials could only watch a livestream of the event at Fukushima’s J-Village National Training Center. A decade ago, the site was an operational base for relief efforts following a massive earthquake and tsunami that triggered a meltdown at the nuclear plant. Tokyo 2020 organizers chose Fukushima as the torch relay’s starting point to highlight the region’s recovery from the triple disaster in 2011.
In recent weeks, the upbeat narrative has stalled. Some Fukushima residents argue the region has far from recovered. Several celebrity torchbearers, who were expected to attract large crowds along the relay’s route, have pulled out of the event, citing concerns over the pandemic. Last week, Olympic organizers said the postponed 2020 Tokyo Games, now scheduled for July 23 to August 8, would go ahead without overseas spectators.
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MONDAY MORNING MARKETS
This is your morning market update
Futures appeared to be inching their way up this morning, after all three averages plummeted yesterday. This morning the Dow Jones Industrial Average was poised for a 51-point opening gain, while futures on both the S&P 500 and the Nasdaq 100 increased just slightly.
Yesterday both Federal Chairman Jerome Powell and Treasury Secretary Janet Yellen provided their second day of economic testimony, this time before a Senate committee.
“There’s going to be a very, very strong year in the most likely case,” Powell said yesterday. “There are of course risks to the upside and downside, but it should be a very strong year from a growth standpoint…Longer run we do have to raise revenue to support permanent spending that we want to do.”
What else are investors on the lookout for this morning?
More Market Updates
This is the latest update on Treasury yields
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A HEALTHIER YOU
7 foods that will help you clean up your diet now
If you’re looking to make changes to your diet, there are seven foods that can help you flip the switch from unhealthy to healthy fairly quick.
One of those foods is salmon, since it has a wide variety of health benefits. Salmon is a lean protein source that helps you feel full without consuming a ton of fat. But it still contains healthy fats, like omega-3 fatty acids, that can reduce inflammation and help keep skin healthy as well.
Another food that can help clean up your diet is blueberries. These can help satisfy your sweet tooth in a healthy way since they are naturally sweet and make a great swap for sugary treats. Blueberries also have a ton of antioxidants that have anti-inflammatory, antidiabetic, cardio protective, and neuro protective properties.
What other foods can help you clean up your diet?
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AROUND THE GLOBE
China really just put its foot in its mouth with the European Union
China and the EU started the new year off with a surprising deal that would give European companies better access to the Chinese market and enable strengthening of trade ties, however, the deal may not be off the table completely.
Lawmakers and politicians across the European Union had already expressed discomfort with China’s labor market and thus with the deal asking for things to be reconsidered.
The European Union joined the United States and United Kingdom this week in punishing Chinese officials with sanctions over alleged human rights abuses in the country’s Xinjiang region.
China didn’t want to take this lying down, but may have just put its foot in its mouth instead as the EU has called the country out for maliciously spreading lies.
What did China do and say that made the EU so angry?
More World News
The UN warns that a staggering 30 million people are on the brink of starvation
North Korea just test-fired its first ballistic missiles since President Joe Biden took office
Protests in the UK against a proposed law that would give police more power turns violent
PLANNING FOR THE FUTURE
One writer’s take on balancing future planning with living in the moment
Adequately planning for the future allows you to keep living in all the moments of your life. But with the two so intertwined, many find that striking a balance is more difficult than it seems.
This author breaks the issue down into two issues: your responsibilities and your aspirations. Both have a lot to do with planning for the future so that you can enjoy the present. However, overthinking either of these points can lead to undue stress.
The solution? “Plan for the future, then let it go.”
It sounds counterintuitive, but there’s more to that advice than meets the eye. Here’s more information.
More Future Planning
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Stay Informed,
Rex Jackson
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