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Euro area inflation is close to its peak, says ECB’s Villeroy

  Bloomberg The surge in euro-area inflation that surprised policy makers in recent months is close to its peak, according to European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau. A report on French consumer prices in December shows the first signs of stabilisation and the ECB expects upward pressures to fade through 2022, the French central bank ...

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Argentina extends export ban on beef cuts

  Bloomberg Argentina extended an export ban on seven beef cuts until the end of 2023, doubling down on its unconventional approach to taming meat prices for local consumers. The government also prohibited exporters from shipping full cattle carcasses and half carcasses, among other categories, for the next two years. Argentine beef is part of the national identity, producing mostly ...

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Over 20 million US jobs won’t return to office: Report

  Bloomberg The shift to remote work for high-paying jobs will accelerate this year, according to a new report, defying city officials who are desperate to bring workers back and reinvigorate their economies. More than a quarter of all professional positions in North America, largely concentrated in the US, will be fully remote by the end of this year, up ...

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