Business Maverick: Wednesday, 17 July: Five Things You Need to Know to Start Your Day By Bloomberg
Donald Trump threatens more China tariffs. Oil slides on the prospect of easing the geopolitical risk. And North Korea is likely suffering its worst downturn since its 1990s famine. Here are some of the things people in markets are talking about today.
amid the trade war, but the country remained the largest holder.
Trump took repeated aim at Google. The president called on Attorney General William Barr to look into Peter Thiel’s allegations that the company’sRead more: Daily Maverick
Business Maverick: Tuesday, July 16: Five Things You Need to Know to Start Your DayDonald Trump weighs in on China GDP. Facebook won’t launch Libra until regulators are satisfied. And a former U.S. National Security Advisor spars with a Chinese diplomat on Twitter over race. Here are some of the things people in markets are talking about today.
Business Maverick: Sub-Zero Bonds Start to Appear in Emerging MarketsA sinkhole of negative-yielding debt in emerging markets has doubled in size over the past week. This time last year it was non-existent.
Business Maverick: Google Protest Leader Meredith Whittaker Is Leaving the CompanyMeredith Whittaker, who helped lead employee protests at Google over the search giant’s military work, artificial intelligence and policies, is leaving the company.
Business Maverick: China Economy Slips to Record Low Growth Amid Stabilizing SignsChina’s economy slowed to the weakest pace since quarterly data began in 1992 amid the ongoing trade standoff with the U.S. But monthly indicators provided signs that a stabilization is emerging.
BUSINESS MAVERICK: How to address Venezuela’s crushing debt burdenWhen he finally leaves the political stage in Venezuela, Nicolás Maduro will leave behind a grim legacy of oppression, suffering and economic devastation. He will also leave a mountain of foreign-currency-denominated claims against the Venezuelan public sector – almost all of which is now in default – totalling more than $150-billion.
BUSINESS MAVERICK: Another one bites the dust as André Pillay resigns as Eskom group treasurerWith the departure of both Phakamani Hadebe and André Pillay, Eskom has lost key talent — both are specialists in the fixed income debt category. Pillay says he has been offered a job elsewhere.