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America’s Supreme Court still has some big cases to decide this term. It has held the line on Donald Trump’s most egregious grabs at powers the constitution clearly doesn’t give him. But on some concrete policy areas it has let him—and looks set to go on letting him—move the country
sharply to the right.
Colombia has three candidates running for president, any one of which has a shot. One is a populist right-winger in the style of El Salvador’s dictator Nayib Bukele; one is a leftist with a soft spot for making peace with former guerrillas; one is an establishment conservative. It is a hugely consequential vote, and if the first two reach the runoff, could be
hugely polarising too.
What to expect in the week ahead:
▸ Next week will see a host of central-bank meetings. Israel is expected to cut interest rates slightly on Monday; a
buoyant shekel
has kept war-fuelled inflation at bay. Hungary and Sri Lanka follow on Tuesday, New Zealand on Wednesday, and South Korea and South Africa on Thursday.
▸ Salesforce, a software giant, reports its first-quarter earnings on Wednesday. Investors are sceptical about whether it can survive the
artificial-intelligence revolution;
its shares are down 30% year-to-date.
▸ The foreign ministers of the Quad, an Indo-Pacific grouping of America, Australia, India and Japan, meet in New Delhi on Tuesday. Marco Rubio, America’s secretary of state, is set to attend.
Asia’s energy crisis,
triggered by the war in Iran, is likely to top the agenda. |