Breadcrumb Trail Links PMN Business Inflation in the US likely continued to soften in June but a key measure of underlying price pressures is still running at an uncomfortable pace that keeps the Federal Reserve tilted toward resuming interest-rate hikes this month. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Jul […]
Breadcrumb Trail Links PMN Business The bond-market selloff that sent some yields to the highest levels in more than a decade this week leaves investors straining to see past the Federal Reserve’s next move in July. Author of the article: Bloomberg News Liz Capo McCormick and Ye Xie Published Jul 08, 2023 • 4 minute […]
Breadcrumb Trail Links PMN Business Global shifts in incomes and populations, geopolitics and climate change are combining to drastically alter the outlook for the world’s food supply. Author of the article: Bloomberg News Vildana Hajric and Michael P. Regan Published Jul 08, 2023 • 5 minute read Join the conversation Article content (Bloomberg) — Global […]
Article content (Bloomberg) — Dutch Prime Minister Mark Rutte’s government collapsed over a migration policy dispute, setting up the Netherlands for its second general election in little more than two years. Article content Rutte, who has led the Dutch government since 2010, failed to marshal an agreement on Friday within his four-party governing coalition to […]
Article content (Bloomberg) — Africa50, a Morocco-based investment platform, seeks to raise $500 million in the first close of its Infrastructure Acceleration Fund that will invest in energy, transportation, telecommunication and water projects. Article content The platform started more than a decade ago by the African Development Bank and African governments aims to help bridge […]
Breadcrumb Trail Links PMN Business Australia’s interest rate meeting is dividing economists and money markets on whether the Reserve Bank will stand pat to assess the impact of previous tightening or raise again to forestall upside risks to prices. Author of the article: Bloomberg News Swati Pandey Published Jul 02, 2023 • 3 minute read […]
Article content (Bloomberg) — Australian coal exports are set to rise for at least the next three years on growing demand for the dirtiest fossil fuel in India and Southeast Asia, according to a new report from Canberra. Article content Thermal and metallurgical coal shipments — used for power generation and steelmaking, respectively — will […]
Breadcrumb Trail Links PMN Business A strike at Pacific coast ports threatens to disrupt millions of dollars of trade and add inflationary pressures to the Canadian economy. Author of the article: Bloomberg News Randy Thanthong-Knight Published Jul 01, 2023 • 2 minute read Join the conversation The Port of Vancouver and the Vancouver Centerm Terminal […]
Breadcrumb Trail Links PMN Business President Emmanuel Macron postponed a long-planned state visit to Germany as France braces for a potential fifth night of riots and looting triggered by the police killing of a teenager. Author of the article: Bloomberg News Tara Patel Published Jul 01, 2023 • 3 minute read Join the conversation Article […]
Article content (Bloomberg) — Federal Reserve Bank of Chicago President Austan Goolsbee said it’s too soon to say whether policymakers should raise rates or hold them steady in July, but said inflation remains well above target and has proved more persistent than expected. While some measures of inflation have improved, other categories aren’t coming down […]