Israeli and Egyptian troops exchanged fire near the city of Rafah, according to Israel’s Army Radio, in what’s potentially a major escalation in tensions between the two nations. from Bloomberg Politics https://ift.tt/KugQw1O
Romania’s Mugur Isarescu, the world’s longest-serving central bank governor, is poised to be confirmed for a new five-year term as lawmakers seek a vote on the extension by the end of June. from Bloomberg Politics https://ift.tt/sRdiYmo
Pakistan’s new government is hoping to inject some fresh momentum into projects that fall under China’s Belt and Road Initiative, as it tries to boost the country’s troubled economy. from Bloomberg Politics https://ift.tt/fN74e3B
Thailand’s economic chiefs underscored the need for urgent stimulus measures and improved access to credit for small business to accelerate growth rate in the short-term amid the highest interest rate in a decade and near-zero inflation. from Bloomberg Politics https://ift.tt/SbaCJ4Q
Brazil analysts lifted their 2024-2026 inflation estimates further above the central bank’s target, likely giving policymakers even less room to continue lowering the interest rate. from Bloomberg Politics https://ift.tt/JlofV42
Each day, Bloomberg journalists take you across a selection of towns and cities as they gear up for the big vote. from Bloomberg Politics https://ift.tt/IBRc1Th
Ukrainian President Volodymyr Zelenskiy said he’ll sign a security agreement and discuss military support for Kyiv’s war effort during a trip to Spain on Monday for talks with Prime Minister Pedro Sanchez. from Bloomberg Politics https://ift.tt/EPO0z5h
Global goods trade is showing signs of accelerating after last year’s slump, pushing up shipping rates and giving some supply-chain managers flashbacks to the demand spike that disrupted international commerce three years ago. from Bloomberg Politics https://ift.tt/HwD16em
Welcome to Balance of Power, bringing you the latest in global politics. If you haven’t yet, sign up here. from Bloomberg Politics https://ift.tt/negFCzH
China hit back at the Group of Seven nations over their criticism of Beijing’s global trade practices, accusing members of exaggerating the threat of overcapacity posed by the world’s second-largest economy. from Bloomberg Politics https://ift.tt/ZETKOwm