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Ukraine pressing Iran for black boxes on jet

Bloomberg Ukraine is pressing Iran to send the so-called black box recorders from the Boeing Co plane that crashed after taking off from Tehran last month, Ukrainian foreign minister Vadym Prystaiko said. “The black box and cooperation with Tehran was the very difficult issue from the beginning and we will try to keep the message” focussed on recovering the data, ...

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Lagarde’s review rush may see inflation goal decided by July

Bloomberg The European Central Bank (ECB) has set out an ambitious timetable for its strategic review that could see a decision on whether to change its inflation goal by the summer, according to euro-area officials. Speaking on condition of anonymity because the process is confidential, the officials described a rushed agenda under President Christine Lagarde, who reached her 100th day ...

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China local authorities to sell $122bn of debt

Bloomberg China will allow local governments to sell another 848 billion yuan ($122 billion) of debt before March, as authorities seek to offset the economic shock of the coronavirus. The new quota includes 558 billion yuan of local government debt as well as 290 billion yuan of so-called special debt, according to a Ministry of Finance statement on Tuesday. The ...

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