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Greece shows how to handle coronavirus crisis

The Covid-19 epidemic has exposed poor leadership and governance worldwide. From Spain to the UK to the US, politicians have waited far too long before taking the dramatic steps needed to protect their citizens. Greece has been one noticeable — and perhaps surprising — exception to this trend. The government imposed severe social distancing measures at a much earlier stage ...

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Global stocks decline after best week; oil pares gains

Bloomberg Global stocks began the week on the back foot as investors readied for the start of an earnings season marked by unprecedented uncertainty over the corporate impact of the coronavirus pandemic. Oil pared earlier gains after a historic deal to cut output. Futures on the three main US equity indexes all dropped, while stocks fell in Asia’s main financial ...

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Bitcoin’s below $7,000 but investor stays long, shorts stocks

Bloomberg Famed investor Mike Novogratz says this is the time for Bitcoin, citing greater adoption around the globe and unprecedented actions by central banks battling the fallout from the spreading coronavirus. “The risk on any store of value, if it’s gold, is that enough people believe in it,” Novogratz said in a Bloomberg TV interview. “It’s still a question of ...

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