Bloomberg Odds that Latin America’s largest economy contracted in the first quarter increased after March industrial production fell by more than double analysts’ expectations. Brazil’s output tumbled 1.3 percent in March, its worst reading in six months, the national statistics bureau reported. In the 12 months through March, industrial production contracted for the first time since 2017. The Brazilian economy ...

Bloomberg British people need to fly less, drive electric cars, eat little meat and turn their home thermostats down to 19 degrees Celsius (66 Fahrenheit) in order to rein in greenhouse gases damaging the planet. Those are the recommendations from the government’s official adviser on climate change and sketch out the toughest measures anywhere in the industrial world to rein ...

There are times when it seems we’re worrying about things that aren’t worth worrying about. A good example these days is inflation. Amazingly, the complaint is that it’s not rising fast enough. In March, the consumer price index, or CPI, had increased 1.9% over the past year. The gain of another inflation indicator, the “deflator” of the personal consumption expenditures, ...