Afghanistan has two anniversaries to come. Friday is Independence Day, which commemorates the signing of the Treaty of Rawalpindi in 1919, in which Britain gave Afghanistan self-determination over its foreign affairs. However, most will be more worried about Monday, which marks a year since the Taliban regained control.
This week also begins with the 75th anniversary of the British withdrawal from the Indian subcontinent, marking the partition of India and Pakistan. India’s Prime Minister Narendra Modi will address the nation from the historic Red Fort in Delhi and is likely to focus 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 receive emails and envelopes containing their A-level and vocational exam results on Thursday. accept and find university places through the compensation process.
As with Advanced Higher exam scores Announced for Scottish school students last week, A-level results are expected to be lower than last year, but likely higher than pre-pandemic years. Testing body AQA has said the exams will be scored more generously to reflect the return to normal testing conditions.
The UK’s summer of unrest will be marked by another national rail strike this week, made worse by a general strike on London’s public transport networks. Next Sunday, more than 1,900 workers at Britain’s biggest container port, Felixstowe, will go on strike, and we have another week of strike action by criminal lawyers in the English and Welsh courts, with no solution in sight.
We are about to take a significant step a step forward in NASA’s Artemis space program. The mission aims to land the first woman and ethnic minority astronaut on the Moon, preparing for a long-term lunar presence and providing a springboard to send humans to Mars. NASA plans to livestream the transfer 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 be kept busy this week with updates from the EU, Japan and Canada, plus on Wednesday the release of the latest Federal Open Market Committee meeting minutes may give some indication of the willingness of the Fed to tighten monetary policy.
It’s also going to be a busy week for UK economic news with figures for employment, inflation, productivity, retail sales, consumer confidence and house prices. Everyone is likely to get comments on the state of UK plc.
Companies
This week we come to the end of the current reporting season with the results of a handful of retailers that are exclusively online or have benefited greatly from e-commerce, in particular Walmart on Tuesday, objective Y Tencent a day later, and AO World Thursday.
AO World is trying to change your business model from sales growth to construction and maintaining margins. The problem for these retailers when we enter an economic slowdown will be maintaining sufficient sales demand.
Read next week’s full schedule here.
