David Fuller and Eoin Treacy's Comment of the Day
Category - General

    Farage's Brexit Party to Trounce May, Sporting Index Says

    This article by Dara Doyle may be of interest to subscribers. Here is a section:

    Nigel Farage’s Brexit Party is poised to dominate the upcoming European elections in the U.K., according to spread betting firm Sporting Index.

    The anti-EU party will win 28 seats, the firm said. Prime Minister Theresa May’s Conservatives will win seven, while Labour will take 13 and the Liberal Democrats 12, Sporting Index predicted in an email in London on Tuesday.

    Sporting Index has had a consistently strong record in predicting some of the key twists and turns of the Brexit saga. Last month, about two hours before the latest vote on May’s Brexit deal, the spread betting firm forecast she’d lose by 60 votes. She was defeated by 58.

    “The Tories look set to face the consequences over their handling of Brexit, with the Brexit Party and Liberal Democrats making significant gains due to their clear stance on one of the most polarizing events in British politics,” Sporting Index’s Phill Fairclough said.

    On Tuesday, May offered lawmakers a vote on whether her Brexit deal should be subject to a referendum, in a last-ditch bid to save it. Last time MPs voted on a second referendum, there was just a 12- vote difference, with 280 backing a confirmatory vote on a deal and 292 against it.

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    Email of the day - on cryptocurrency exchanges:

    Email of the day - on battery powered flight:

    I loved Lex’s tongue-in-cheek view of lithium-on batteries. A useful energy density chart that shows where lithium-ion batteries are - roughly in between lead batteries and liquid hydrogen.

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    Exit polls predict Narendra Modi will cruise back to power in India

    This article by Pramod Mathew for quartz may be of interest to subscribers. Here is a section:

    In India, exit polls have often been off the mark but financial markets, among others, have rarely showed the patience to await the official results.

    In 2014, most exit polls accurately predicted that the NDA had an upper hand over the UPA, but few foresaw that the BJP alone would get an absolute majority. In 2009, the UPA ended up getting more seats than forecast by polls.

    In 2004, all exit polls had predicted a win for the NDA, but the Congress-led alliance’s triumph surprised the pollsters.

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    Family Guy a New Conservative Hero after Shock Australia Victory

    This article by Edward Johnson and Jason Scott for Bloomberg may be of interest to subscribers. Here is a section:

    Former Treasurer Morrison is the Liberals’ third leader in four years and has only been at the helm since August. Factional infighting saw right-winger Tony Abbott dumped in 2015 by his own lawmakers for millionaire moderate Malcolm Turnbull, who in turn was ousted in a party vote.

    Morrison, an evangelical Christian who represents one of the country’s most socially conservative districts, moved swiftly to unite the party and set about crafting a strategy to close down Labor’s long-standing lead in opinion polls.

    He relentlessly attacked Shorten’s promise to boost the minimum wage, curb tax incentives for investors and take tougher action against global warming, insisting the slowing economy couldn’t risk such policies. While his reputation as an effective campaigner grew on the trail, polls still had him trailing by at least 2 points going into Saturday’s election, and book-makers had him at long odds to win as the ballot boxes closed.

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    Google Cuts Off Huawei Smartphones From Some Android Services

    This article by Dan Strumpf and Yoko Kubota - for the Wall Street journal may be of interest to subscribers. Here is a section:

    From now, Huawei will be able to use only the public version of Android and won’t have access to proprietary apps and services from Google, according to a person familiar with the matter. Though existing phones are expected to keep functioning largely as usual for now, users could lose some app functions, including some artificial-intelligence and photography features, the person said.

    In a separate move, German chip maker Infineon Technologies AG said it was terminating the delivery to Huawei of some components originating in the U.S., in a sign that even non-U.S. suppliers to Huawei are being swept up in the U.S. trade restrictions. Infineon didn’t specify which components were affected by the action but said the “great majority” of products it sells to Huawei aren’t subject to trade restrictions.

    Separately, Qualcomm Inc., San Diego, has suspended shipments to Huawei of its chips, and some employees have been told not to communicate with the Huawei side, according to a separate person familiar with the matter. Qualcomm chipsets are used in certain Huawei smartphone models. Huawei also designs a large number of its own chips for higher-end phones.

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