Why a Scandal Over a Rolex Watch Is Threatening Peru’s President

Why a Scandal Over a Rolex Watch Is Threatening Peru’s President

Dina Boluarte is discovering the risks of leading a country that jails ex-presidents so often that it built a special prison to hold them. Just a year into Boluarte’s term as Peru’s president, about 80% of voters wanted her gone. That was before a scandal erupted over how exactly she came to own a collection … Read more

Why Taylor Swift AI-Generated Deepfake Images Raise Wider Worries

Why Taylor Swift AI-Generated Deepfake Images Raise Wider Worries

The world is awash in deepfakes — video, audio or images that make people appear to do or say things they didn’t, or be somewhere they weren’t. Many are devised to give credibility to falsehoods and damage the reputations of politicians and other people in the public eye. But most deepfakes are explicit videos and … Read more

Global Economy Latest: US and China Battle for Top Economy

Global Economy Latest: US and China Battle for Top Economy

I’m Chris Anstey, a senior economics editor in Boston, and today we’re looking at the remarkable growth in US GDP. 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 can do so here. … Read more

Top India Travel Platform Suspends Maldives Trips as Row Worsens

Top India Travel Platform Suspends Maldives Trips as Row Worsens

One of India’s biggest online travel platforms halted bookings to the Maldives, amid an increasingly fraught diplomatic spat that began when officials in the tourism-dependent island nation derided Indian leader Narendra Modi on social media. “Our company is entirely homegrown and made in India,” Prashant Pitti, co-founder of EaseMyTrip, wrote on X, the platform formerly … Read more

World Economy Latest: US Income Growth Gets Real as Inflation Wanes

World Economy Latest: US Income Growth Gets Real as Inflation Wanes

I’m Chris Anstey, a senior economics editor in Boston, and today we’re looking at the upcoming US employment report. 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 can do so here. While … Read more

Houthis Claim Yet Another Attack on a Container Ship in Red Sea

Houthis Claim Yet Another Attack on a Container Ship in Red Sea

Houthi militants claimed to have attacked another merchant ship in the Red Sea, serving as a reminder of the threat they pose to a vital trade artery. The Houthis’ armed forces’ spokesman said in a televised speech that a vessel called the CMA CGM Tage was attacked after ignoring warnings. In response, French container shipping … Read more

Ukraine Exports Through Black Sea Shipping Corridor Reach 13 Million Tons

Ukraine Exports Through Black Sea Shipping Corridor Reach 13 Million Tons

Ukraine has exported 13 million tons of products through a shipping corridor in the Black Sea it established after Russia pulled out of a deal guaranteeing safe movement of crop vessels. Ports accepted 430 vessels for loading since the shipping channel was created in August, Ukraine’s infrastructure minister Oleksandr Kubrakov said in a post on … Read more

Polish President Vetoes Tusk’s Spending Plan Over Media Shakeup

Polish President Vetoes Tusk’s Spending Plan Over Media Shakeup

Poland’s President Andrzej Duda will veto the new government’s spending plan, which includes a 30% pay increase for teachers, in protest against the shakeup of public broadcasters. The decision, announced by the president on social platform X on Saturday, marks an escalation of tensions between the new administration of Prime Minister Donald Tusk and Duda, … Read more

Australia Rejects US Request to Join Red Sea Naval Operation

Australia Rejects US Request to Join Red Sea Naval Operation

Australia has rejected a US request for a warship to help protect international shipping lanes in the Red Sea, with Defense Minister Richard Marles saying the nation’s strategic focus had to remain on the Indo-Pacific. Marles, who is also deputy prime minister, told Sky News on Thursday that Australia wouldn’t be sending a “ship or … Read more

World Economy Latest: China’s Migrants

World Economy Latest: China’s Migrants

I’m Shawn Donnan, a senior economics writer in Washington. Today we’re looking at Chinese migration to the US. 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 can do so here. Note: Economics … Read more