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Italy targets mid-May opening for tourism in bid to save sector

Bloomberg Italy is aiming to open the country to tourists in mid-May, pledging a range of measures to protect visitors from the coronavirus as it scrambles to rescue a sector devastated by lockdowns and restrictions on movement. As part of the race to get the industry back on its feet, the Rome-based government will introduce so-called vaccine passports earlier than ...

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‘Brazil needs more caution on inflation’

Bloomberg Brazilian policy makers should have been more cautious when cutting interest rates last year and now need to stress they will raise them as needed to bring inflation to target, according to former central bank President Ilan Goldfajn. Rather than committing to a “partial adjustment” of monetary stimulus, the bank needs to show it’s ready to do whatever is ...

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UK plans deeper carbon cuts to spur climate change fight

Bloomberg Prime Minster Boris Johnson’s government will set a goal to cut UK carbon pollution by 78% by 2035, deepening an already ambitious target as he seeks to spur global momentum in the fight against climate change and boost relations with US President Joe Biden. The government will adopt the target — a cut relative to 1990 levels — in ...

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