Latest news with #economics
Bloomberg
8 hours ago
- Business
- Bloomberg
Retailer's Refinancing Caps Revival Under Croatian Tycoon
Hi, this is Jasmina Kuzmanovic in Zagreb. Welcome to our weekly newsletter on what's shaping economics and investments from the Baltic Sea to the Balkans. You can subscribe here. When the biggest food producer and retailer in the Balkans unraveled in 2017, the Croatian government had to step in to salvage the company from near-bankruptcy and oust the man who owned it. In doing so, it helped save the biggest employer in Croatia and the surrounding region, not to mention a network of suppliers.
Bloomberg
a day ago
- Business
- Bloomberg
How Far Can the Bank of England Cut From Here?
Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. Before we get started today — do you feel well-off, or are you feeling the squeeze? Are you happy where you are, or are you keen to move somewhere that might offer an easier life or at least a bit of appreciation? Gloriously happy or deeply frustrated, we'd love it if you could take five minutes to fill in this questionnaire on how you feel your personal financial situation has changed in the last year.
Sky News
a day ago
- Business
- Sky News
The Sky News Business Podcast
Joining Darren McCaffrey today are Sky's Economics and Data Editor, Ed Conway and Ellie Groves - State Street Global Advisors.
Yahoo
a day ago
- Business
- Yahoo
Economics Professor's X-Rated Take On Trump Trade Move Stuns Nicolle Wallace
An economics professor's X-rated analogy for Donald Trump's latest trade maneuver left MSNBC's Nicolle Wallace temporarily at a loss for words on Wednesday. Trump last week said he'll soon write to foreign countries to set unilateral tariff rates. It comes as the U.S. has so far signed just one of the 90 trade deals that was promised within 90 days of Trump's so-called 'Liberation Day,' when he announced plans to hike tariffs on imports from countries worldwide. University of Michigan's Justin Wolfers told Wallace: 'So, Nicolle, I don't know if I'm allowed to say this on television, but sending a letter is to making a trade deal as masturbation is to sex. You're not really involving the other party at all, and you're not really figuring out the ways to exploit the gains from trade.' 'We didn't need this whole mess,' the economist added. Trump 'didn't need to impose high import taxes on Americans. If all he wanted to do was send people letters, we could have done this 90 days ago.' Wallace appeared momentarily stunned at the NSFW analogy, replying: 'Well, you've left me a little speechless.' She then pointed out that Trump's 'brand' is built on making deals, but that's something he's largely failed at with the current lack of potential trade deals for the U.S. Wolfers agreed. 'I don't like to do 'Trumpology' because I don't know what's going on inside the White House,' he said. 'But what I do know is that if you always made the bet that moving forward on any particular economic agenda would require a little bit of hard work, they repeatedly fail to do it.' The 'real world' concern, he concluded, is the ongoing uncertainty that Trump's chaotic trade policies are creating for businesses nationwide. Watch the interview here: Trump Spells Out A Chilling 'Big Difference' He Sees In Himself Since First Term Trump Rages At Reporter Who Refuses To Stick To 'Positive' Questions Economics Professor Utterly Shreds Trump's Trade Chaos In 5 Seconds Flat
Bloomberg
a day ago
- Business
- Bloomberg
Fed Bides Its Time to Find Out Who Will Pay Tariffs
I'm Chris Anstey, an economics editor in Boston. Today we're looking at the Fed's reluctance to cut rates. Send us feedback and tips to ecodaily@ And if you aren't yet signed up to receive this newsletter, you can do so here. Meaningful economic information comes from three straight months of data, Federal Reserve Chair Jerome Powell has indicated. 'It's appropriate to take signal' at that point, as he put it last year.
