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Germany imposes tighter curbs over omicron

  Bloomberg German Chancellor Olaf Scholz pushed through tighter social-distancing restrictions to stave off the threat of a “massive” surge of the omicron Covid-19 variant just as families gather for the Christmas holidays. The latest measures, which add to existing curbs that mainly affect the unvaccinated, include limiting gatherings to 10 people starting from December 28. The restrictions, which Scholz ...

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RBNZ out of step with Ardern as huge gender pay gap revealed

  Bloomberg It led the world with inflation targeting, but New Zealand’s central bank (RBNZ) is no pioneer for women. The Reserve Bank has released its gender pay gap for the first time, revealing a gulf that’s more than twice the size of the shortfall in the nation’s public service as a whole. As at June 30, the average gender pay ...

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‘PBOC could sell yuan as way to boost economy’

  Bloomberg The People’s Bank of China (PBOC) could bolster liquidity in the banking system by selling yuan, which will help lower borrowing costs while stemming the currency’s gains, Nomura Inc. said. The central bank needs more aggressive steps to tackle China’s slowing economy, and swapping the yuan for foreign exchange is its best option, according to Nomura’s chief China ...

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