Friday 27 February 2026
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The Mighty Headlines
Economics: US to keep tariffs of 35% to 50% on China
Business and markets: Automaker Stellantis reports first-ever annual loss
Foreign Affairs: Denmark’s PM calls election after “Greenland bounce”
Security and intelligence: Jihadists gain ground in Nigeria, Niger and Benin
Domestic politics: Jeremy Corbyn set to lead “Your Party” in Parliament
The Mighty Stats
FTSE = 10,846.70 (up 0.37%)
S&P 500 = 6,908.86 (down 0.54%)
Nasdaq = 22,878.38 (down 1.18%)
Stoxx 600 = 633.18 (down 0.046%)
£1 = $1.35 / €1.14
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The Mighty Detail
Economics: The US has said that it will keep high tariffs on China of around 35 per cent to 50 per cent. China said it would retaliate if new US tariffs were imposed.
President Trump is visiting Beijing on the 31st March for the first visit by a US President since 2017 (when he visited for the first time as President).
Business and markets: Vehicle maker Stellantis reported its first-ever annual loss yesterday. Stellantis, which owns makes such as Jeep, Fiat and Peugeot, was hit by a €25.4 billion accounting write-down after the company scaled back its electric vehicle plans.
It reported an operating loss of €842 million for 2025 compared to operating income of €8.65 billion in 2024.
Foreign Affairs: Denmark’s Prime Minister has called an early General Election for the 24th March after a “Greenland bounce” in the polls. In a speech to the Danish Parliament, Prime Minister Frederiksen mentioned Denmark’s relationship with the US and the need to safeguard the future of Denmark and of Europe.
Security and intelligence: There are reports that the region in and around Nigeria, Benin and Niger is becoming a new stronghold for jihadists. Violent incidents in the area increased by 86 per cent in 2025. Weak state oversight and permeable borders are said to be factors in the development.
The US ordered military strikes on Islamic State targets in Nigeria in December 2025.
Domestic politics: Jeremy Corbyn is set to be elected as the Parliamentary leader of the left-wing “Your Party”. Corbyn’s supporters have won 14 out of the 24 seats on Your Party’s executive committee and previously promised to elect him as Parliamentary leader if they won.
The Mighty Calendar
What’s happening today?
Funeral of the US civil rights leader Jesse Jackson
Bill Clinton appears before US House Oversight Committee
Plaid Cymru party conference begins
Scottish Labour conference begins
Company results from: Warner Bros Discovery, Swiss Re, IAG, BASF
Lookahead to tomorrow
Saturday
The BRIT Awards 2026, Co-op Live, Manchester
Berkshire Hathaway’s annual report and letter to shareholders
Sunday
President Milei of Argentina gives speech to Congress
Indian Wells (tennis) begins – ends the 15th March
Tokyo Marathon
The Mighty Finale
🌤️Weather today
Rain across England but dry in Belfast and Edinburgh. High of 13C and low of 7C in London.
✏️Life coaching quote of the day
“The graveyard is the richest place on earth, because it is here that you will find all the hopes and dreams that were never fulfilled, the books that were never written, the songs that were never sung, the inventions that were never shared, the cures that were never discovered, all because someone was too afraid to take that first step, keep with the problem, or determined to carry out their dream.” – Les Brown, motivational speaker
Mighty takeaway: It’s never too late to do what you’ve always wanted to do, or to be who you’ve always wanted to be.
That’s it for this morning and for this week. Thank you for taking the time to read the Mighty Memo today – we hope that you find value in it.
Cheerio!
The Mighty Memo team
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