Italy Budget Draft Puts Deficit at EU’s 3% Limit Already in 2025
Italy’s budget deficit will match the European Union’s 3%-of-output ceiling already this year, according to people familiar with…
how the world should really measure prosperity
You have full access to this article via your institution. The UK government has given the green light…
How Trump Has Made Emerging Market Assets Great Again
Carolyn Kissane, academic director and clinical professor at the Center for Global Affairs at New York University, leads…
Weak Jobs Growth Leads to Millions of US Workers Left Out
The “low-hire, low-fire” US labor market is leaving millions on the outside looking in. It’s not just recent…
Saudi Arabia Sees Bigger 2025 Deficit as Oil Pressure Lingers
Saudi Arabia projected it will run a deeper budget deficit this year than previously expected, as the kingdom…
Trump’s ‘Secondary Tariff’ Two-Step With India and China: New Economy
Hi, I’m Erik Schatzker, editorial director of Bloomberg New Economy. Making sense of any economic era requires an…
Reeves Faces OBR Fight Over Plan to Scrap UK’s Spring Forecast
UK Chancellor of the Exchequer Rachel Reeves risks a confrontation with the head of the government’s fiscal watchdog…
Chinese Industrial Profits Jump in August, Reversing Drop
Chinese industrial profits surged after months of declines, signaling that national campaigns to tackle overcapacity and excessive competition…
Canada and Indonesia Ink Trade Deal Amid US Tariff Upheaval
Indonesia and Canada agreedBloomberg Terminal to a deal to lower trade barriers and ease investment procedures, part of…
Germany Business Outlook Declines for First Time Since April
German business confidence unexpectedly dropped, highlighting the fragility of Chancellor Friedrich Merz’s plan to restore growth in Europe’s…
Fed’s Bowman Urges Swift Rate Cuts to Support Jobs Amid Weak Labor Market
Federal Reserve Governor Michelle Bowman said policymakers are in danger of falling behind the curve and need to…
South Africa And China Businesses Ink Pact to Boost Trade
China called for deeper trade and investment ties with South Africa as it pledged to accelerate cooperation in…