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Wednesday, 5 April 2017

What we’re tracking on Wednesday, 5 April 2017

Something to give you pause on what seems, after a four IPO day yesterday, like a slow news morning: The FT’s Martin Wolf is afraid that China’s economy could “unleash global mayhem.” Look for more of the same in the headlines as US President Donald Trump caps a busy foreign policy week by hosting Chinese leader Xi Jinping at Mar-a-Lago. Wolf argues that it’s not trade and FX policies the world should be worried about, it’s instability in its financial system (and in particular its ballooning debt) that should be of concern.

Oh, and speaking of the Financial Times: Its Big Read this morning is the type of interview with The Donald that only the FT could produce. Definitely worth reading if you’re a subscriber.

Good morning, Mac geeks. Apple would like you to know that they’re building a very coolnew Mac Pro. Not a new MacBook Pro (we love the new 13 inch touchbar version, which has entirely supplanted our use of the tiny MacBook), but a replacement for the aging, three-year-old desktop cylinder that looks like the love child of R2D2 and Darth Vader. Admitting they were responding to pro users and fanboys outraged that the most powerful Mac is being outclassed by other PCs, three senior Apple execs called together a handful of tech journalists for a talk in the middle of a machine shop to talk in broad terms about a machine that won’t be out until next year. John Gruber (Daring Fireball) and Matthew Panzarino (TechCrunch) have the best coverage.

The Middle East Now festival kicks off today in Florence, Italy with 45 films on its program, ANSAmed reports. The festival runs until Sunday and will show Egyptian films including: "In the Last Days of the City" by Tamer El Said, "Withered Green" by Mohammed Hammad, ”Whose Country?" by Mohamed Siam, "Happily Ever After" by Nada Riyadh and Ayman El Amir, and "Ali, The Goat and Ibrahim” by Sherif Elbendary.

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