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Italy Has a Once in a Lifetime Opportunity to Change

Mar 31 2021, 2:32 PM March 30 2021, 10:30 AM March 31 2021, 2:32 PM (Bloomberg Opinion) -- Italy is in line to receive the biggest handout from the European Union’s pandemic recovery funds. Anyone who’s followed the country’s fortunes in recent years will be forgiven for shrugging: The euro zone’s third-largest economy has a history of failing to spend far smaller disbursements because of its hopeless state bureaucracy. (Bloomberg Opinion) -- Italy is in line to receiv...
France General City Of United Kingdom Mario Monti Silvio Berlusconi Mario Draghi

Pragmatism May Allow Turkey and Egypt to Mend Fences

Pragmatism May Allow Turkey and Egypt to Mend Fences Mar 11 2021, 11:13 AM March 10 2021, 10:30 AM March 11 2021, 11:13 AM (Bloomberg Opinion) -- Turkey’s government is seeking a thaw in relations with the Arab world after a long cold spell. Ankara seems especially keen on improving ties with Cairo. Ibrahim Kalin, the spokesman for President Recep Tayyip Erdogan, told Bloomberg: “A new chapter can be opened, a new page can be turned in our relationship with Egypt as well as othe...
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Sweden Says Global Warming Could Alter Future of Monetary Policy

Mar 25 2021, 2:51 PM March 24 2021, 4:29 PM March 25 2021, 2:51 PM (Bloomberg) -- Global warming may force central banks to keep interest rates low. (Bloomberg) -- Global warming may force central banks to keep interest rates low. Sweden’s Riksbank, the world’s oldest central bank, warned on Wednesday that rising temperatures mean monetary policy can’t ignore the fallout of carbon emissions. “If climate change increases the risk of catastrophe, makes economic developments mo...
Christine Lagarde Frank Elderson Sabine Mauderer Federal Reserve Network For Greening The Financial System Wall Street

Asia Set for Gains After U.S. Stocks Hit Record: Markets Wrap

Apr 02 2021, 3:20 PM April 02 2021, 3:34 AM April 02 2021, 3:20 PM (Bloomberg) -- U.S. equity futures rose ahead of data expected to show the biggest increase in jobs in five months. Most other markets were closed for Good Friday. (Bloomberg) -- U.S. equity futures rose ahead of data expected to show the biggest increase in jobs in five months. Most other markets were closed for Good Friday. The labor report for March has the potential to roil the bond market when trading will be thin during a ...
Hong Kong United States Good Friday New South Wales South Korea Jed Campbell

China Bonds Beat World While Japan Outpaces Developed Markets

Apr 06 2021, 4:20 AM April 02 2021, 5:34 AM April 06 2021, 4:20 AM (Bloomberg) -- China’s government bonds outpaced their competitors in the first quarter as their haven status helped them stand out as a bulwark amid the global slump. Japan’s securities led developed nations, though still handing investors a narrow loss. (Bloomberg) -- China’s government bonds outpaced their competitors in the first quarter as their haven status helped them stand out as a bulwark amid the global ...
Bloomberg Barclays Kiyoshi Ishigane Tommy Xie Chinese Banking Corp People Bank Kokusai Asset Management Co

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Japan Startup That Turns Stone Into Grocery Bags Gets Green Loan

Japan Startup That Turns Stone Into Grocery Bags Gets Green Loan Apr 01 2021, 5:47 PM April 01 2021, 2:09 PM April 01 2021, 5:47 PM (Bloomberg) -- A Japanese startup that makes plastic and paper alternatives from limestone has got a green loan as it pushes to expand production. (Bloomberg) -- A Japanese startup that makes plastic and paper alternatives from limestone has got a green loan as it pushes to expand production. TBM Co., based in Tokyo’s Ginza shopping district, has secured 3.62 ...
Nobuyoshi Yamasaki Goldman Sachs Group Inc Nanto Bank Ltd Japan Credit Rating Agency Rating Agency Goldman Sachs Group

New Zealand Says Deal Is Close for Australia Travel Corridor

New Zealand Says Deal Is Close for Australia Travel Corridor Mar 18 2021, 11:09 AM March 18 2021, 2:24 AM March 18 2021, 11:09 AM (Bloomberg) -- (Bloomberg) -- New Zealand and Australia are close to agreeing terms for a quarantine-free travel corridor, New Zealand Deputy Prime Minister Grant Robertson said. “There’s a few issues still to talk through, including what we do in the event that there is an outbreak, how we manage people who aren’t in their home country at that time,...
New Zealand New Zealanders Grant Robertson Jacinda Ardern Radio New Zealand New Zealand Prime Minister Jacinda Ardern

Moody's Raises Vietnam Outlook to Positive on Fiscal Strength

Mar 18 2021, 5:55 PM March 18 2021, 3:20 PM March 18 2021, 5:55 PM (Bloomberg) -- Moody’s Investors Service raised its outlook for Vietnam to positive from negative and affirmed the country’s long-term credit rating at Ba3, citing fiscal consolidation and an improving economy. (Bloomberg) -- Moody’s Investors Service raised its outlook for Vietnam to positive from negative and affirmed the country’s long-term credit rating at Ba3, citing fiscal consolidation and an improving...
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Archegos Carries a Warning For Europe's Financial Ambitions

Archegos Carries a Warning For Europes Financial Ambitions Apr 01 2021, 9:04 PM April 01 2021, 4:05 PM April 01 2021, 9:04 PM (Bloomberg Opinion) -- You can almost hear the relief in Brussels that the latest financial crisis, the blowup of Bill Hwang’s family office Archegos, has passed it by. That doesn’t mean the next one will. (Bloomberg Opinion) -- You can almost hear the relief in Brussels that the latest financial crisis, the blowup of Bill Hwang’s family office Archegos,...
City Of London City Of United Kingdom Bruxelles Capitale Marcus Ashworth Lehman Brothers

RBI: India Favors Retaining RBI's Inflation Target Program

Mar 18 2021, 9:43 AM March 17 2021, 2:08 PM March 18 2021, 9:43 AM (Bloomberg) -- India’s government is likely to leave the inflation targeting band for its central bank unchanged, according to people familiar with the matter, while policy makers remain focused on rising prices amid the rebound from the pandemic. (Bloomberg) -- India’s government is likely to leave the inflation targeting band for its central bank unchanged, according to people familiar with the matter, while policy m...
Uttar Pradesh Narendra Modi Bharatiya Janata Party Monetary Policy Committee Reserve Bank Finance Ministry

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