Category: Canada

Aug 17

UK Military Must Adapt Urgently as Land Bakes and Oceans Heat Up, Study Says

Article content (Bloomberg) — The UK military’s troops and machines need to adapt quickly to a rapidly warming world, according to a House of Commons report, that also spotlighted how a melting Arctic will open new maritime routes and potential battlegrounds. This year is on course to be the hottest ever in human history and as the planet warms, extreme weather events are set to become more frequent […]
Aug 17

BofA’s Warning of a ‘5% World’ Sinks in With Yields Pushing Higher

Breadcrumb Trail Links PMN Business All around the world, bond traders are finally coming to the sobering realization that the rock-bottom yields of recent history might be gone for good. Author of the article: Bloomberg News Michael Mackenzie and Liz Capo McCormick Published Aug 17, 2023  •  4 minute read Join the conversation p02vz6c4us]h7t1gty0ee]zv_media_dl_1.png Bloomberg […]
Aug 12

China’s Economic Woes Deepen With Housing Market Slump

Breadcrumb Trail Links PMN Business China’s economy is showing little sign of a rebound, with fresh stress in the property market and deflation threatening the growth outlook. Author of the article: Bloomberg News Bloomberg News Published Aug 12, 2023  •  6 minute read Join the conversation p{z5h5020x6orv[[8um4i6j0_media_dl_1.png Bloomberg RSS Article content (Bloomberg) — China’s economy […]
Jul 31

Justin Trudeau Is Shifting Some of the Blame for Eye-Popping Housing Costs in Canada

Breadcrumb Trail Links PMN Business Canadian Prime Minister Justin Trudeau heaped some of the blame for skyrocketing housing costs on high interest rates and inaction by other levels of government, signaling a more defensive tone on an issue where his main political rival has hit him hard. Author of the article: Bloomberg News Laura Dhillon […]
Jul 30

RBA Watchers Split as Policy Tightening Cycle Is Nearing End

Breadcrumb Trail Links PMN Business (Bloomberg) — Australia’s policy tightening campaign is approaching its final stages, with money markets and economists divided over the timing of the Reserve Bank’s likely last interest-rate increase in this cycle. Author of the article: Bloomberg News Swati Pandey Published Jul 30, 2023  •  3 minute read Join the conversation […]