Bloomberg Australians’ approval of Prime Minister Scott Morrison has fallen to the lowest level since the pandemic began, with voters wearying of virus-induced lockdowns amid his government’s tardy vaccine rollout. Support for Morrison’s handling of the crisis has fallen from 85% in April last year —when his conservative government imposed strict border controls that helped keep virus fatalities to less ...

Bloomberg The pound is about to enter a new era of strength against the euro, thanks to the Bank of England’s (BOE) hawkish turn. Traders have raised the odds of a rate hike in February to 60% after the BOE made clear last week that it’s beginning a countdown to end the era of rock-bottom borrowing costs. And it’s given ...

Bloomberg Ecuador’s central bank doubled its emergency credit line with the Bank for International Settlements to $840 million as a precautionary measure in case of a downturn, its governor said in an interview. The credit line is part of efforts to strengthen the bank after previous administrations used its funds for government spending, Guillermo Avellan said. Those actions hurt the ...