China’s confirmed cases of Mpox rose nearly five-fold in July to a new high, even as government efforts to contain the infectious disease’s spread ramp up. Last month’s case count was 491, versus 106Bloomberg Terminal in June, according to a statementBloomberg Terminal from the Chinese Center for Disease Control and Prevention. All patients were male … Read more
I’m Tom Hancock, a senior reporter in Hong Kong. Today I’m looking at what deflation in China means for the world. 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 yet signed up to receive this newsletter, … Read more
I’m William Horobin, an economics reporter in Paris. Today we’re looking at the combined impact of monetary and fiscal tightening on the euro zone. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (formerly known as Twitter) via @economics. And if you aren’t yet signed up to receive this newsletter, you … Read more
Is it possible for economic news to be a little too good? If many economic worries seem to be dwindling, is that reason to be scared? After periods of success, are economies due for a comeuppance — perhaps even for reasons stemming from their earlier achievements? What prompts these questions is the current US economy. … Read more
The economy is getting a boost from Bidenomics and a bulging federal budget deficit, simultaneously fueling hopes the US will avoid a recession while fanning fears it will be stuck with too much debt and too-high inflation. A trio of legislation championed by President Joe Biden – stepped-up infrastructure spending, increased investment in a green … Read more
The Government is fully committed and ready to support the industry in developing cutting-edge competitive systems, said Rajeev Chandrasekar, Minister of State for Electronics and Information Technology, on Sunday. He said that the country has an exciting opportunity, and to make that opportunity fruitful, it should focus on developing commercially and globally competitive technology. “The … Read more
A closely watched measure of US inflation will probably illustrate more of the moderate price growth that the Federal Reserve wants to see sustained. The consumer price index is projected to rise 0.2% in July for a second month after excluding food and energy costs, marking the smallest back-to-back gains in 2 1/2 years. Economists … Read more
US employers continued to add workers at a steady, yet more moderate pace, suggesting the economy has scope to avoid a recession despite higher interest rates. The economy in the euro area eked out modest growth in the second quarter, while the Bank of England raised rates and indicated borrowing conditions may remain tight for … Read more
Supportive: The Bloomberg Close, Asia Edition Bloomberg Source link
Good Luck on Next Round of Limiting Minors’ Game Use: Next China Bloomberg Source link