BOE’s Rosy Read, U.S.-Canada Tussle, China Exports Jump: Eco Day
(Bloomberg) -- Welcome to Friday, Europe. Here's the latest news and analysis from Bloomberg Economics to help you start the day and send you into the weekend:
- Analysts and investors aren't buying the Bank of England's rosier read on the economy, and instead see more forced stimulus ahead
- The U.K.'s Boris Johnson has committed $466 million to ensure companies can complete the paperwork needed for trade to Northern Ireland from the rest of the U.K. after Brexit
- U.S. President Donald Trump says he might act on his own Friday as the White House and Democrats struggle to seal a deal on further stimulus
- Signs are pointing to a far less upbeat U.S. jobs report Friday morning in Washington; the outlook for the U.S. misery index in 2020 shows the biggest reversal of fortune from last year, according to Bloomberg surveys
- Trump reimposed a Canadian aluminum import tariff and Canada pledged retaliation
- In other trade news, China's exports unexpectedly jumped in July
- The decline in Japanese household spending narrowed amid the economy's reopening
- Bloomberg Economics updates fiscal and monetary action amid the pandemic in this primer
©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.
