Key takeaways: As the Delta variant of COVID-19 spreads throughout the United States, Arkansas and Missouri are facing an even more dramatic spike in COVID-19 cases, in part due to lower vaccination rates. This puts…
Lagardes Strategy Hints at New Era of ECB…
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. President Christine Lagarde had barely begun unveiling the European Central Bank’s new monetary policy strategy this month when she signaled that the Germans…
Some Colombians in Haiti Knew of Plot to…
Some of the former Colombian soldiers who flew to Haiti knew of the criminal conspiracy that led to the July 7 murder of President Jovenel Moise, while others believed they were on a mission to…
Brookfield to Launch Private REIT With Assets From…
Brookfield Asset Management Inc. plans to launch its own private real estate investment trust after taking over the management of a portfolio of properties currently overseen by subsidiary Oaktree Capital Management. The Canadian alternative asset…
Africas Rainbow Nation Peers Into the Abyss
It’s been a week from hell for South Africa. Riots and widespread looting have claimed at least 117 lives, cost billions of rand in damages, and left some areas facing food and medicine shortages, Antony Sguazzin…
Angela Merkel’s Unfinished Business
Angela Merkel starts her exit from German politics. Photographer: Dursun Aydemir/Anadolu/Bloomberg By Chris Reiter and Sam Dodge July 15, 2021 Angela Merkel’s remarkable run as Germany’s first female chancellor made her the undisputed queen of…
Bank of America (BAC) Brings Three-Part Bond Sale…
Bank of America Corp. and Morgan Stanley joined the rush by large U.S. banks to sell new bonds after earnings that highlighted rapid balance sheet growth through the pandemic. “Deposit growth has just been humongous,”…
Covid Cracked the Global Flower Market, and Local…
April 9, opening day for Tiny Hearts Flower Shop in Hillsdale, N.Y., was a long time coming. Buckets of crimson ranunculus and towering boughs of pussy willow lined the walls, brightly awaiting local shoppers. Pails…
Divorce Bill Dispute Roughens Relations: Beyond Brexit
What’s happening? London rejects the calculation made by Brussels detailing the Brexit settlement bill, and a transatlantic trade deal remains a long way off. Bickering over the settlement is the biggest part of any divorce.…