South Sudan is seeking $250 million of financing from the International Monetary Fund to help the nation address balance of payment challenges and boost growth. from Bloomberg Markets https://ift.tt/vq9xcKM
Swiss voters are growing skeptical toward proposed changes to the country’s health-care system, according to the last poll ahead of a June 9 ballot. from Bloomberg Markets https://ift.tt/6tMDTrv
Storms brought 70 mph winds, heavy rain and golf-ball-sized hail to Texas, downing power lines. https://www.wsj.com/us-news/climate-environment/storms-again-strike-texas-leaving-hundreds-of-thousands-without-power-22fda307
Croatia’s new government is throwing the future of the country’s central bank chief into question at a critical juncture for euro-zone interest rates. from Bloomberg Markets https://ift.tt/cURQJZo
A majority of European business leaders said the continent’s relationship with China will likely deteriorate over the next few years as challenges with trade and the geopolitical climate drive tensions. from Bloomberg Politics https://ift.tt/UACKQBu
A full-scale strike at the firm could have an impact on the global supply chains of electronics. https://ift.tt/3HYEfyb May 29, 2024 at 07:34AM
Nobel Laureate Paul Romer, a former chief economist of the World Bank and now professor of Boston College, says runaway confidence in artificial intelligence risks repeating the mistakes of the crypto hype bubble of only two years ago. He speaks from the sidelines of UBS Asian Investment Conference in Hong Kong on “Bloomberg: Daybreak Australia.” (Excerpt of…
Nobel Laureate Paul Romer, a former chief economist of the World Bank and now professor of Boston College, discusses the prospects for the US economy and Federal Reserve policy. He also shares his views on artificial intelligence as he speaks from the sidelines of UBS Asian Investment Conference in Hong Kong on “Bloomberg: Daybreak Australia.” (Source: Bloomberg)…
The South African Reserve Bank has reportedly decided not to unveil the findings of the initial phase of its central bank digital currency feasibility study. Instead, the central bank said it is currently focused on the second phase of the study and will release a report once it is satisfied with the progress made in…
As OPEC+ prepares to review global oil markets, trouble is brewing in the group’s biggest customer. from Bloomberg Markets https://ift.tt/mMGAcBf