Article content (Bloomberg) — The European Union is the only region where rule of law standards have held more or less steady amid a continued erosion over the past year, as Russia’s war in Ukraine prompted some countries to move closer to the bloc’s values, according to a major index tracking the issue globally. Bulgaria […]
Breadcrumb Trail Links PMN Business Even with one of the world’s most powerful green politicians in charge, Germany is failing on almost all its climate targets. Author of the article: Bloomberg News Petra Sorge Published Oct 25, 2023 • 5 minute read Join the conversation m[rt7wd{4f{bfi1nlhaer1}5_media_dl_1.png Source: German Environment Agenc Article content (Bloomberg) — Even […]
Article content (Bloomberg) — Germany’s economy is projected to dislodge Japan’s as the world’s third largest in 2023, helped by a slide in the yen against the dollar and the euro. The International Monetary Fund’s latest projections estimate Germany’s nominal gross domestic product at $4.43 trillion this year, compared with $4.23 trillion for Japan. Article […]
Article content (Bloomberg) — Singapore’s core inflation decelerated further in September, vindicating the central bank’s decision to leave monetary policy settings unchanged this month. The core measure, which excludes housing and private transportation costs and is tracked by the Monetary Authority of Singapore, cooled to 3% from a year ago, official data showed Monday. Article […]
Breadcrumb Trail Links PMN Business Japanese Prime Minister Fumio Kishida underscored his plan to return some tax revenues to the public, fund more handouts for those on low incomes and extend energy subsidies in a speech a day after his party lost a special election. Author of the article: Bloomberg News Isabel Reynolds Published Oct […]
Article content (Bloomberg) — NATO is increasingly concerned about China’s shipping on Russia’s Northern Sea route, and the possibility that its commercial and scientific interests could be a precursor to a Chinese military presence in the Arctic, the alliance’s senior military officer said. “We know there are military scientists on board these ships,” Admiral Rob […]
Breadcrumb Trail Links PMN Business The world’s largest economy probably expanded at the quickest pace in nearly two years during the third quarter on the back of a steadfast US consumer, a challenge for Federal Reserve officials who are debating whether additional policy tightening is needed. Author of the article: Bloomberg News Vince Golle and […]
Breadcrumb Trail Links PMN Business Prime Minister Rishi Sunak was hoping his AI summit next month would bring heads of the most powerful nations face-to-face with executives to guard against the technology’s “catastrophic” potential. With less than two weeks to go, the guest list is thin on world leaders. Author of the article: Bloomberg News […]
Breadcrumb Trail Links PMN Business The incoming first female head of Germany’s most powerful labor union IG Metall is warning Elon Musk about efforts to avoid unionization at his Tesla Inc. factory near Berlin. Author of the article: Bloomberg News William Wilkes and Monica Raymunt Published Oct 21, 2023 • 3 minute read Join the […]
Breadcrumb Trail Links PMN Business Oscar-winning actress Nicole Kidman, futurist Amy Webb and Tesla Inc. Chair Robyn Denholm were among the big drawcards at this week’s inaugural South by Southwest Sydney, the first time the sprawling tech, music and film festival has been held outside North America. Author of the article: Bloomberg News Keira Wright […]