Public Health

The FTSE 100 looked like it had ended its winning run yesterday, but a flurry of late settlements meant the index actually closed the day up by 0.4% once all was said and done. That means it has risen for 13 days in a row.

Futures this morning are up by 0.6% and there’s a holiday in Europe, meaning pretty much the only markets open here are the UK and Denmark. US futures are rallying too.

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The group said it is “well-positioned” to manage the challenges ahead caused by US tariff policy. Under a scenario where levies are “significantly higher,” it said it would expect a “low single-digit percentage” impact on revenue.

HSBC does most of its business in Asia and is the largest trade bank in the world, plus the biggest non-US clearer of dollars, making it highly-exposed to the rift between the US and China.

The opioid epidemic is in the news and in our communities. Addiction to opioids seems different from others and has destroyed many lives and families. At the same time, opioids are also an important tool for alleviating human suffering and promoting healing. Our ability to address addiction is often not as successful as we would like. Is addiction a compulsion and/or a choice? As a society we see addiction as leading to criminal acts, which leads to punishment where treatment may or may not be available. Is this the most helpful response?