World Economy Latest: IMF Says Inflation Alarm Isn't Over – Bloomberg
World Economy Latest: IMF Says Inflation Alarm Isn’t Over Bloomberg Source link
International Monetary Fund
Stock Market Today: Dow, S&P Live Updates for Oct. 9, 2023
Stocks rose as remarks from Federal Reserve officials bolstered bets officials will refrain from lifting rates this year. Oil climbed after Hamas’ attack on Israel raised fears of a wider conflict. The S&P 500 erased losses as Fed Vice Chair Philip Jefferson said officials are in a position to “proceed carefully” after the recent rise … Read more
World Economy Latest: Africa Eyes Opportunity Hosting IMF, World Bank
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
ECB's Lagarde Says IMF Has Cut Global Growth Forecasts Except US – Bloomberg
ECB’s Lagarde Says IMF Has Cut Global Growth Forecasts Except US Bloomberg Source link
EU Summit Underwhelms Despite Sanchez’s Hopes
Welcome to the weekend issue of Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. Join us on Saturdays for deeper dives from our bureaus across Europe. GRANADA — The big European summit was supposed to be a crowning moment for Spain’s Pedro Sanchez, who shut down the … Read more
Bloomberg Evening Briefing: Another Unexpected Surge in US Employment
October 6, 2023 at 4:35 PM EDT US President Joe Biden touted powerful new jobs data as evidence that “Bidenomics” has driven America clear of the pandemic while maintaining employment at near record levels. Jobs unexpectedly surged in September—almost double what was expected—yielding yet more evidence of America’s remarkably durable labor market. Nonfarm payrolls increased … Read more
Global Economy Latest: World Economy Showing Geopolitical Fissures
I’m Shawn Donnan, a senior writer for economics in Washington. Today I’m looking at how geopolitics is changing the global economy. 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
What Is Dollarization? Why Is Argentina Considering It?
Argentina has a long history of printing money to compensate for government overspending. That’s produced long periods of high inflation, even hyper-inflation. Small wonder, then, that the South American nation is once again considering the radical step known as dollarization, which to date has been fully tried only by much smaller economies. It means adopting … Read more
About 4 million children in Pakistan have no safe water, one year after deadly floods
CNN — One year after catastrophic floods devastated swathes of Pakistan, some 4 million children in the South Asian nation remain without access to safe water, the United Nations children’s agency has warned. In a news release Friday, UNICEF said it estimates that there are 8 million people in the country, around half of whom … Read more
Argentina Primary Election: Outsider Javier Milei Leads With Strong Showing – Bloomberg
Argentina Primary Election: Outsider Javier Milei Leads With Strong Showing BloombergView Full Coverage on Google News Source link