Supply Lines is a daily newsletter that tracks global trade. Sign up here. The US military said it shot down 14 drones in the Red Sea launched from Houthi-controlled areas of Yemen as attacks on commercial carriers continue from the Iranian-backed group, threatening havoc for world trade. Source link
The US labor market strengthened in November with pickups in employment and wages, deflating hopes the Federal Reserve will cut interest rates early next year. The acceleration in payrolls is at odds with recent reports that have depicted a softer hiring pace, an outcome favored by the Fed as it will help rein in demand … Read more
A Fine Balance: The Readout With Ruth David Bloomberg Source link
Business Of Sports If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. From media and technology to finance and … Read more
I’m Alister Bull, an economics and government editor in Johannesburg. Today we’re looking at the IMF and World Bank meetings, which are being staged in Africa for the first time in 50 years. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (formerly known as Twitter) via @economics. And if you … Read more
They’re relatively easy to forge, often get lost and can add huge amounts of time to the intricate maze through which international commerce is transacted. Yet paper documents still rule in the $25 trillion market for global merchandise trade. That system — where the exchange of physical bills-of-lading has gone on for centuries — remains … Read more
Welcome to the Bloomberg Surveillance newsletter, a daily look at the best interviews and insights from Bloomberg Television and Radio’s flagship morning show co-hosted by Tom Keene, Jonathan Ferro and me. Sign up here if you’re not yet a newsletter subscriber. It’s getting harder to find bond bulls these days. Source link
New Delhi: After a reset triggered as part of the post-1991 liberalization process was completed, announcements on trade measures by the Indian government became boring, barely making the headlines. In the early-1990s, India’s peak tariff rate was in triple digits and dominated discussion on economic reform. By 2007-08, that peak rate had fallen to around … Read more
Supply Chain Latest: US Economy Is Growing Faster Than China’s Bloomberg Source link
I’m Monique Vanek, an Africa economics and government editor in Johannesburg, and today we’re looking at what could emerge as the biggest threat to the current world order. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X, the social media platform formerly known as Twitter, via @economics. And if you aren’t … Read more