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FTSE Russell, an arm of the London Stock Exchange, announced plans to delete shares of eight Chinese firms from certain products shortly after Washington added them to a blacklist of companies with alleged Chinese military ties.
The international index provider will remove shares of the eight enterprises from its FTSE Global Equity Index Series (GEIS), its FTSE China A Inclusion indices, and associated indices beginning on December 21 following the quarterly index review.
The head of the World Food Programme has made a dire forecast about the months to come, slating βcatastrophicβ humanitarian crises for 2021, in what could be the worst year seen in the better part of a century.
WFP chief David Beasley sounded the alarm at a United Nations General Assembly meeting on Friday, convened to discuss the coronavirus pandemic and worldwide efforts to blunt its impact. He warned that some 270 million people are now βmarching toward starvationβ and that, in some countries, famine is βaround the horizon.β
