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SQUAWK BOX, MONDAY 15TH MAY, 2023 episode artwork

May 15, 2023 28 min

SQUAWK BOX, MONDAY 15TH MAY, 2023

from Squawk Box Europe Express

Turkish presidential elections look set to head to a run-off after as neither candidate garners enough support outright but President Erdogan believes he will win another 5-year mandate. In the U.S., the debt ceiling wrangling intensifies as congressional leaders attempt to arrange a deal. President Biden believes a default will be avoided this week. G-7 finance ministers meet in Japan and target Russian energy and trade with tighter sanctions in a bid to blunt Moscow’s war efforts in Ukraine. Meanwhile, Ukrainian president Volodomyr Zelenskyy performs a whistle-stop tour around European capitals in a bid to bolster the region’s military support for his country. In financial news, insurer AXA posts a 1 per cent revenue jump to €32bn in the first quarter but AUM drops by 7 per cent.

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SQUAWK BOX, MONDAY 15TH MAY, 2023

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This episode was published on May 15, 2023.

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