March, 2019

• 31 March

  UN chief sees path to Libya unity deal

  Bloomberg United Nations Secretary General Antonio Guterres said Libyan warlord Khalifa Haftar and his competitors in the Tripoli government are closer to finding a power-sharing agreement that would break the political deadlock in the divided North African country. Haftar and the UN-backed prime minister Fayez al-Sarraj have been negotiating a united caretaker government ahead of possible elections. But the talks ...

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• 31 March

  Democrats make play for US president’s rural base

  

  Bloomberg Elizabeth Warren issued a call to arms while Amy Klobuchar made an appeal to unity as Democratic presidential candidates offered different messages they hope will chip away at President Donald Trump’s support across the Farm Belt. Warren, who’s called for breaking up tech behemoths and large agricultural corporations, cast her campaign as “about standing our ground and fighting back” ...

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• 31 March

  Has the next economic bubble really arrived?

  

  There are still some economists who fear another crash. The latest is Eugene Steuerle of the Urban Institute, a liberal think tank in Washington. In a new article, he warns that the economy may be on the edge of a giant “wealth bubble” that will collapse with possibly-dire consequences. Steuerle is especially worried by parallels between Americans’ present wealth — ...

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• 31 March

  ECB’s power struggle will end in tiers

  

  With Mario Draghi halfway out of the door, the battle is on for the future direction of European Central Bank (ECB) monetary policy. The nature of the contest is arcane, to say the least. For a while now, the Banque de France governor Francois Villeroy de Galhau has been pushing the idea of “tiering” deposit rates to ease the pain ...

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• 31 March

  Holiday giant pays a price for grounded 737 Max

  The European travel operator Tui AG was so proud of its fleet of 15 shiny new Boeing 737 Max jets that it’s been naming them after popular holiday destinations: Costa del Sol, Rhodes and Tenerife Alegria are among those christened since deliveries started last year. Tui was expecting to take delivery of another eight 737 Max aircraft by the end ...

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• 31 March

  Ditching May won’t help to mend her Brexit plan

  Surely never in the history of British politics has so much effort been expended to so little effect. Another week of frantic Brexit drama yielded no change in the choices facing the UK, and brought the country no closer to deciding. It’s still either leave the European Union with no deal, accept the withdrawal agreement Prime Minister Theresa May has ...

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• 31 March

  What is coming after a chaotic week in Brexit?

  

  March 29 was meant to be the day that Britain officially left the European Union (EU). It was instead the day lawmakers rejected Theresa May’s exit deal for a third time, plunging the country deeper into crisis. It marked the ninth consecutive “no” vote this week, after MPs rejected eight ways forward. In the end, May summed it up best: ...

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• 31 March

  Huawei really needs its 5G party invite

  

  For all the hullabaloo about Western nations banning network equipment made by Huawei Technologies Co., the importance of that business to the Chinese company is decreasing. Sales to phone carriers slipped to 41 percent of total revenue last year, according to Huawei’s annual report. That’s the lowest portion on record. Revenue from consumer products, notably smartphones, climbed 47 percent to ...

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• 31 March

  Apple gets news subscriptions wrong again

  

  Apple’s News+ service makes a a grab for the news junkie’s Holy Grail: a universal subscription to get behind all paywalls, the Spotify (OK, OK, the Apple Music) of journalism. So far, Apple doesn’t have it right. That would take a much more creative effort than the company may be capable of achieving. Compared with creating a universal subscription for ...

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• 31 March

  Resurgent India bulls look to RBI to keep market rally going

  

  Bloomberg Indian markets have staged an eye-catching comeback in March after taking a drubbing in the first two months of the year, and bulls are salivating at the prospect of more gains. Foreign investors who shunned rupee bonds and stocks in the wake of border skirmishes with Pakistan have returned as tensions eased, with inflows eclipsing those for closely-watched emerging-market ...

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