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More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more Airports are getting busier and busier with the U.S. Transportation Security Administration (TSA) data showing a steady rise in screening numbers to a coronavirus pandemic high of 1.85 million people on Sunday. And by all forecasts, more travelers will stream through U.S. airports during what could be a busy summer travel season. That has airline, airport and TSA officials all bracing for any potential snags in the flying experience as many people return to the skies for the first time since March 2020.
by Tyler Durden Monday, May 17, 2021 - 09:40 AM Looking forward at the coming relatively quiet week, the flash PMIs for May (Friday) will be the data highlight but - as DB's Jim Reid notes - " it’s tough to know what they’ll tell us that we don’t already know." Having said that, as we noted previously Deutsche Bank's equity strategist Binky Chadha has previously said that they’ll likely be an equity correction once the ISM rolls over from its current lofty peaks even as growth stays strong. The ISM has fallen for one month from its peak so it’ll be interesting to see what the flash PMI shows as a guide. April’s composite number was the highest on record at 63.5. The Euro Area composite PMI was at 53.8, the highest since July.
Posted 1 hour agoSharePrint Financial markets seem to be constantly recalibrating. The economic data is expected to be volatile and that should support the Fed’s patient stance on waiting for enough data to make a clear assessment over pricing pressures and the strength of the labor market recovery. Inflation expectations are weighing on sentiment, but Treasury yields seem like they may be stuck in a holding pattern a little while longer. The front end of the curve is not moving and since expectations are so high for the US economic recovery, the bond market is still mostly counting on disinflationary forces to win out.
by Tyler Durden By Ye Xie, Bloomberg Live commentator and author Three things we learned last week: 1. U.S. Treasury scrutinizes Chinese state banks for possible hidden currency intervention While Janet Yellen’s Treasury Department refrained from labeling China as a currency manipulator in its semi-annual currency report, it again zeroed in on the role of Chinese state banks in the foreign-exchange market. It noted that China’s net foreign exchange settlement, which it considers a more comprehensive proxy for intervention because it includes the activities of China’s state-owned banks, surged to about $180 billion last year. But the PBOC’s foreign exchange assets, which historically track the settlement data, stayed flat.
Article content OTTAWA — Mark Carney, who has led central banks in two Group of Seven nations, may be running out of time to enter politics in his native Canada and become a contender to replace Prime Minister Justin Trudeau. Speculation is rising inside the ruling Liberal Party that Carney may be seeking to position himself as a successor to Trudeau, who has governed Canada since 2015. Winning a seat in the House of Commons is seen as a required first step, as the Liberals have rarely chosen a leader from outside its ranks in the past century. We apologize, but this video has failed to load.
First edition of Qatar Economic Forum to be held in June 09 Apr 2021 - 9:50 QNA Under the patronage of Amir H H Sheikh Tamim bin Hamad Al Thani, the first ‘Qatar Economic Forum, Powered by Bloomberg’, will be held virtually, between June 21-23, this year. The Supreme Organising Committee announced that the forum is produced by Bloomberg Live and editorially programmed by Bloomberg News under the theme “Reimagining the World”. It will convene participants from the worlds leading experts and decision makers in the fields of finance, economics, investment, technology, energy, education, sports and climate. ‘Qatar Economic Forum, Powered by Bloomberg’ aims to prepare plans for international economic growth in the post-pandemic world and to benefit from the strategic location of the State of Qatar — being at the confluence of the East, West, and Africa to drive collaboration and connectivity as a means for advancing economic opportunity. On this occasion, Minister of Commerce and Industry and Chairman of the Supreme Organizing Committee of the first Qatar Economic Forum, H E Ali bin Ahmed Al Kuwari, expressed his gratitude and appreciation to His Highness for his generous patronage of the event.
Carlyle Seeks Fall Staff Return, Some Hybrid Roles themiddlemarket.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themiddlemarket.com Daily Mail and Mail on Sunday newspapers.
Synopsis Many manufacturers, including Serum, already have missed timelines and commitments, Poonawalla said in an interview. It will take two to three months for shipments to Covax to really pick up, and reaching the 2021 target of 2 billion doses will be challenging, he said, predicting it will “spill over by a few months.” Reuters Poonawalla’s comments highlight the continuing challenge of vaccine inequality that threatens to prolong the pandemic after richer nations raced to stockpile supplies. Vaccine nationalism in countries including the U.S. and India is likely to derail efforts by the World Health Organization to deliver 2 billion doses to poorer and middle-income nations by the end of the year, according to the head of the world’s biggest vaccine maker.
Vaccine nationalism may hit WHO's 2021 goal of 2 bn doses: Adar Poonawalla business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.