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‘Only 20% see Le Pen handling crisis better’

Bloomberg Only 20% of the French see far-right leader Marine Le Pen handling the coronavirus crisis better than the current government led by President Emmanuel Macron, according to an Ifop poll for Journal du Dimanche. Le Pen, who lost to Macron in the second round of presidential elections in 2017, has been one of the staunchest opponents of the government’s ...

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Japanese PM to extend emergency until May 31

Bloomberg Japanese Prime Minister Shinzo Abe plans to extend the national state of emergency over the coronavirus outbreak until May 31. Tokyo Governor Yuriko Koike confirmed in a live-streamed video on Sunday that Economy Minister Yasutoshi Nishimura told her the government will extend the emergency status until the end of the month. Abe signalled it would be difficult to lift ...

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The Fed demonstrates US leadership at its best

Federal Reserve Chairman Jerome “Jay” Powell calls it the “announcement effect.” When financial markets were buckling in March because of terror about the emerging pandemic, the Fed’s simple pledge that it would use its “full range of authorities” to maintain the flow of credit was enough to restore order. The Fed’s success is a lesson in how the credibility and ...

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