EMEA Morning Briefing : Inflation, Growth Nerves -2-

11/18/2021 | 12:42am

The number of migrants camped out on the Belarusian side of Poland's eastern border has fallen, a tentative sign of a de-escalation in the monthslong confrontation between the European Union and Belarus President Alexander Lukashenko.

Officials from Poland's Interior Ministry say Belarusian officials have sent buses to collect people from the sprawling tent city along Poland's border. Belarusian officials confirmed that they provided buses to move some migrants away from the border and would be giving them shelter in warehouses.

Iran's Stockpile of Near-Weapons-Grade Nuclear Fuel Grows, U.N. Finds

Iran's stockpile of near-weapons-grade nuclear fuel has jumped significantly, according to a confidential report by the United Nations atomic agency that found Tehran has almost doubled its output of highly enriched uranium in recent months, putting it closer to being able to produce the fuel needed for a nuclear weapon.

Iran had a stockpile of 17.7 kilograms (39 pounds) of 60% enriched uranium-its highest purity output so far-in early November, up from 10 kilograms in late August, meaning it is getting closer to having enough highly enriched nuclear fuel for a weapon.

Amazon to Stop Accepting U.K.-Issued Visa Credit Cards

Amazon.com Inc. said it would stop accepting Visa Inc. U.K. credit cards because of their high fees, a move that marks a major escalation in the retail giant's yearslong battle with the card network.

Amazon told customers it would stop accepting Visa credit cards issued in the U.K. starting Jan. 19. High interchange fees on credit-card transactions mean higher prices for shoppers, an Amazon spokesman said.

Chinese Bad-Debt Manager Huarong to Raise Over $6B From State-Owned Investors

China's top manager of distressed assets said it would raise over $6 billion in fresh capital from state-owned financial institutions, helping it avoid messy defaults and shore up its capital requirements.

China Huarong Asset Management Co. said late Wednesday that it will issue 39.22 billion domestic shares and not more than 1.97 billion H-Shares that will see it raise 42 billion yuan ($6.57 billion).

Write to paul.larkins@dowjones.com

Expected Major Events for Thursday

05:30/NED: Oct Unemployment

07:00/EU: Oct New Passenger Car Registrations in Europe statistics (EU27 + EFTA3)

07:00/SWI: Oct Trade Balance

07:30/SWI: 3Q Industrial production

08:30/SWE: Oct Labour Force Survey

09:00/ICE: Oct Harmonized CPI

11:00/FRA: 3Q OECD Quarterly National Accounts: GDP growth

11:00/TUR: Turkish interest rate decision

All times in GMT. Powered by Kantar Media and Dow Jones.

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This article is a text version of a Wall Street Journal newsletter published earlier today.

(END) Dow Jones Newswires

11-18-21 0042ET

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