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Covid pushes hunger to 20-year high in LatAm

Bloomberg Hunger in Latin America and the Caribbean reached levels not seen in two decades in 2020 as the pandemic swept away jobs and pushed many in the region into poverty. The number of Latin Americans who don’t have access to enough food rose by 13.8 million to 59.7 million between 2019 and 2020, according to a UN report. The ...

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Ex-airline CEO is New Zealand’s oppn leader

Bloomberg New Zealand’s main opposition National Party appointed its fifth leader in four years, choosing newcomer Christopher Luxon to restore its support and take on Prime Minister Jacinda Ardern. Luxon, a former Air New Zealand chief executive, was elected leader by National Party members of parliament at a caucus in Wellington. The 51 year-old is the protégé of former prime ...

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Consumer credit in UK rises to record $942bn in October

Bloomberg UK consumers took on unsecured loans at the fastest pace since the aftermath of the first lockdown, adding to signs that people are becoming more willing to spend. Consumer credit rises 706 million pounds ($942 billion) in October, more than economists forecast the highest figure since July last year, Bank of England figures show. Borrowing on credit cards accounted ...

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