March, 2022

• 30 March

  Ukraine crisis: Russia says no breakthrough in talks

  

  Bloomberg The Kremlin said there are no breakthroughs in talks with Ukraine as skeptical Nato allies evaluate whether Russia’s promise to scale back military operations in Ukraine marks a turning point in the conflict or simply a tactical shift. Attacks continued to be reported near Kyiv. President Joe Biden said he’ll wait and see whether Russia delivers on a pledge ...

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• 30 March

  Lavrov on first China visit since Russian invasion of Ukraine

  

  Bloomberg Russian Foreign Minister Sergei Lavrov arrived in China for talks on Afghanistan, his first visit to the world’s second-biggest economy since the war in Ukraine started. Lavrov’s plane landed on Wednesday in the eastern province of Anhui, Russia’s Foreign Ministry said on Twitter. He’s set to participate in a meeting of foreign ministers of countries bordering Afghanistan, Interfax reported ...

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• 30 March

  Ukraine war turns tide of UK Tory support back to Johnson

  

  Bloomberg UK Prime Minister Boris Johnson, dubbed a greased piglet by a predecessor for his ability to get out of a tight political spot, appears to have won over critics from his own Conservative Party through his handling of the war in Ukraine. Just six weeks ago, Johnson’s premiership was in peril after a series of allegations that he and ...

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• 30 March

  Key ally quits Pakistan premier’s cabinet

  

  Bloomberg Pakistan’s Prime Minister Imran Khan has lost the support of a major coalition partner, paving the way for the former cricketer’s likely ouster after completing a difficult three-and-half years in office. The Muttahida Qaumi Movement-Pakistan, the Karachi-based party known as the MQM, is exiting from Khan’s cabinet and it is withdrawing its support to the government, said Convener Khalid ...

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• 30 March

  Costs of war mount in Europe as inflation soars and growth sags

  

    Bloomberg The economic damage from the war in Ukraine is worsening across Europe as already-record inflation soars further and Germany faces a danger of recession because of its dependence on Russian energy. President Vladimir Putin’s invasion has sapped euro-area confidence and sent consumer-price expectations to their highest level since records began in 1985. In Spain, inflation surged by almost ...

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• 30 March

  Argentina’s economy shrinks in January after strong finish to 2021

  

    Bloomberg Argentina’s economy contracted in January as a surge in coronavirus cases due to the omicron variant weighed on industrial manufacturing. Economic activity in January falls 0.5% from the prior month, better than analysts’ median estimate for a 1% contraction. From a year ago, the economy expanded 5.4% in the first month of the year, according to government data. ...

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• 30 March

  London leads as top UK city for job satisfaction

    Bloomberg London beats Brighton and Oxford for the UK city with the highest overall employee satisfaction, according to a new survey. Belfast came in last. Glassdoor analysed over 300,000 employee reviews from across the country between January 2021 and February 2022, during height of pandemic. The capital won an average rating of 3.92, scoring high in career opportunities, culture ...

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• 30 March

  EU targets disposable fashion, tech products to curb waste

  

  Bloomberg The European Union (EU) plans to ensure that products from handbags to laptops and mobile phones are more durable, in a bid to curb the environmental damage caused by their limited lifespans. Under the “Circular Economy Package” put forward by the European Commission on Wednesday, companies will have to show that the products they sell within the EU last ...

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• 30 March

  US consumer confidence rebounds in March

    Bloomberg US consumer confidence edged up in March, suggesting solid job growth offset Americans’ concerns over decades-high inflation that poses a risk to spending and growth. The Conference Board’s index increased to 107.2 from a downwardly revised 105.7 reading in February, which was the lowest in a year, according to the group’s report Tuesday. The median forecast in a ...

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• 30 March

  Global losses from catastrophes hit $270 billion in 2021

  

    Bloomberg Hurricane Ida and the freakish winter storm that froze Texas last February topped last year’s list of most damaging storms, according to the annual report on insurance industry losses caused by natural catastrophes put out by reinsurance giant Swiss Re. The report found that global economic losses from natural catastrophes such as floods, hurricanes and wildfires reached $270 ...

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