BOE Stays Put, Italy Bicycle Bailout, Brazil Easing: Eco Day
(Bloomberg) -- Welcome to Thursday, Europe. Here's the latest news and analysis from Bloomberg Economics to help you start the day:
- The Bank of England kept its benchmark interest rate at a record-low 0.1% and left its monetary stimulus unchanged, saying it doesn't plan to tighten policy until it's more certain about the outlook for inflation
- Job aspirants in the U.K. are increasingly looking for roles in new areas as the pandemic shrinks the market
- Inflation is binding Czechs after quick interest-rate cuts; here's the decision-day guide
- Italy's $1,000 bicycle bailout amid the pandemic threatens to worsen inequality
- U.S. housing and auto sectors are rare standouts in a fragile American recovery while job losses are mounting, and small firms are especially pinched
- Brazil's central bank is keeping more interest-rate easing in play and the country's economic chief says tax reform is needed for the post-pandemic economy
- Melbourne's renewed lockdown risks broader erosion across Australia, limiting enthusiasm for consumer spending, hiring, and investment
- Argentina aims to reach a deal with the International Monetary Fund over a new financing program by the end of March, according to a person with direct knowledge of the matter
©2020 Bloomberg L.P.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
-
Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
With 274 million users and lowest-cost logistics, Meesho is defending its value commerce crown against giants like Amazon and Flipkart.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
-
Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
