Malta hosts major summit on migration
Malta will host an international summit on migration starting today that will bring together European Union states and 35 African nations, as well as representatives from other organisations. The two-day meeting in Valletta will see Europe call on Africa to take back economic migrants. In return, Europe will offer up to €3.6 billion (S$5.5 billion) in development funds to tackle the wars and poverty in Africa that are among the root causes of the migration.
Forum on climate change and the Arctic
The Royal Norwegian Embassy in Singapore, the Foreign Affairs Ministry and Science Centre Singapore will bring together policymakers and leading scientists for a dialogue on "Climate change and the Arctic" today. Topics that will be discussed include climate change and Arctic shipping, including what impact the opening of new sea passages in the area could have on Singapore's shipping and maritime interests.
Data on China industrial production
China will release industrial production data for October today. Economists are not expecting much to write home about. Figures from the past few months have been disappointing, due to weak demand for China-made goods from both local and foreign consumers. In September, industrial production grew 5.7 per cent from the same month the year before.