Trade Progress, Canada Decision, Nationalization Debate: Eco Day
(Bloomberg) --
Good morning Americas. Here's the latest news and analysis from Bloomberg Economics to help get your day started:
- The U.S. and China are moving closer to agreeing on the amount of tariffs that would be rolled back in a phase-one trade deal despite tensions over Hong Kong and Xinjiang, people familiar with the talks said.
- Bank of Canada Governor Stephen Poloz, one of the few central bankers to resist the global push toward easier monetary policy, will probably maintain his wait-and-see approach this week
- President Jair Bolsonaro's attempt to rewire Brazil's economy risks short circuiting as plans to carry out major reforms start to peter out less than a year after he took office
- Meanwhile, here's what Argentina's economic crisis means for policy
- Britain's upcoming election has revived a political and economic debate that many considered to have been won decades ago -- whether nationalization works
- Emmanuel Macron began his presidency in 2017 pledging to send shock waves through the French economy by making labor cheaper, more flexible and better skilled
To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net
To contact the editors responsible for this story: Paul Gordon at pgordon6@bloomberg.net, Zoe Schneeweiss
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