Bloomberg Daybreak: March 16, 2021

Bloomberg Daybreak: March 16, 2021

Source: Bloomberg, 42:50

Lebanon to Reduce Subsidies as Cash Runs Out, Finance Chief Says

Lebanon to Reduce Subsidies as Cash Runs Out, Finance Chief Says

Lebanon is scaling back food subsidies and will gradually raise gasoline prices to save dwindling foreign reserves, the caretaker finance minister said.

Restaurateurs With Cash Are Ready to Seize the Post-Covid Moment

Restaurateurs With Cash Are Ready to Seize the Post-Covid Moment

Sought-after space is available for those who survived the industry’s brutal 2020.

Women’s ICC ODI rankings: Raut breaks into top 20 among batters

Women’s ICC ODI rankings: Raut breaks into top 20 among batters

India’s Punam Raut broke into the top 20 among batters in the latest ICC women’s ODI rankings, released on Tuesday

West Bengal polls: ‘Amit Shah hatching conspiracy to kill me,’ says Mamata

West Bengal polls: ‘Amit Shah hatching conspiracy to kill me,’ says Mamata

Referring to the alleged ‘attack’ on her in Nandigram, the TMC chief said no one will stop her from taking forward her battle against the BJP

Aberdeen’s Athey: Market’s Consensus Is an Unstable Equilibrium

Aberdeen’s Athey: Market’s Consensus Is an Unstable Equilibrium

James Athey, Aberdeen AM, Investment Director discusses treasury yields and the U.S. dollar. He speaks with Manus Cranny on “Bloomberg Daybreak: Middle East.” (Source: Bloomberg)

AstraZeneca Vaccine Concerns Grow

AstraZeneca Vaccine Concerns Grow

“Nobody at the moment thinks that this is caused by the vaccine, but they wanted to be very cautious.” University of Auckland’s Helen Petousis-Harris answers key questions about AstraZeneca’s Covid-19 vaccine as more countries limit its use over blood clot c…

InTouch Capital’s Elmer: Inflation Concerns Here To Stay

InTouch Capital’s Elmer: Inflation Concerns Here To Stay

Todd Elmer, InTouch Capital Markets Head of FX & Macro Analysis Asia discusses inflation worries and higher yields. He speaks with Manus Cranny on “Bloomberg Daybreak: Middle East.” (Source: Bloomberg)

Did We Just Experience a Break in the Neoliberal Consensus?

Did We Just Experience a Break in the Neoliberal Consensus?

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Shipping Congestion at Los Angeles Ports Shows Signs of Easing

Shipping Congestion at Los Angeles Ports Shows Signs of Easing

Shipping congestion outside the biggest U.S. gateway for imports from Asia showed signs of easing over the past week as dockworkers made progress reducing by almost half a backlog that peaked at 40 vessels six weeks ago.

Chinese Stocks Slump as Upbeat Data Deepens Liquidity Concerns

Chinese Stocks Slump as Upbeat Data Deepens Liquidity Concerns

China’s stocks slumped, as a neutral lending stance from the central bank and data showing surging economic activity renewed concerns about tightening liquidity.

‘Bloomberg Daybreak: Middle East’ Full Show (03/15/2021)

‘Bloomberg Daybreak: Middle East’ Full Show (03/15/2021)

“Bloomberg Daybreak: Middle East” live from Dubai, connects Asian markets to the European opens. The show focuses on global macro issues with a Middle Eastern context. (Source: Bloomberg)

National Grid Agrees 6-Week Deal to Cut EDF’s Sizewell Nuclear Power

National Grid Agrees 6-Week Deal to Cut EDF’s Sizewell Nuclear Power

National Grid Plc has agreed a deal with Electricite de France SA to cut supply at its Sizewell nuclear plant by half for at least six weeks, according to a person familiar with the matter.

Nifty Bank index hits over 1-month low; Bandhan, RBL Bank slip 5%

Nifty Bank index hits over 1-month low; Bandhan, RBL Bank slip 5%

At 12:51 pm, the Nifty Bank index was down 2.7 per cent at 34,536 points, as compared to 1.6 per cent decline in the Nifty50 index

WPI inflation rises to 4.17% in February on costlier food, fuel, power

WPI inflation rises to 4.17% in February on costlier food, fuel, power

After witnessing months of softening of prices, the food articles in February saw 1.36 per cent inflation. In January it was (-) 2.80 per cent

Emirates NBD’s Haque Not Convinced $70/Barrel Oil Prices Will Stay

Emirates NBD’s Haque Not Convinced $70/Barrel Oil Prices Will Stay

Khatija Haque, Chief Economist and Head of Research at Emirates NBD, discusses not being convinced that oil prices of $70 per barrel will stay and how she expects Saudi to prioritize reducing the budget deficit. She speaks with Manus Cranny on “Bloomberg Dayb…

FlowBank’s Monchau on Bond Yields, Reflation vs. Inflation, and Long-Term Central Bank Scenarios

FlowBank’s Monchau on Bond Yields, Reflation vs. Inflation, and Long-Term Central Bank Scenarios

Charles-Henry Monchau, CFO and CIO at FlowBank, discusses bond yields, reflation vs. inflation, the effects of continued European lockdowns amidst the pandemic, and medium- to long-term scenarios of central banks. He speaks with Manus Cranny on “Bloomberg Day…

Goldman Predicts Plunge in Gulf Borrowing Needs

Goldman Predicts Plunge in Gulf Borrowing Needs

The Gulf Cooperation Council’s borrowing requirements could drop to $10 billion over the next three years from about $270 billion, if oil prices continue to stay elevated, according to Goldman Sachs Group Inc.

Beyonc, Taylor Swift Could Have Historic Night At Grammys

Beyonc, Taylor Swift Could Have Historic Night At Grammys

New York (AP) — It could be a night for the history books for Taylor Swift and Beyoncé at Sunday’s Grammy Awards — for both good and bad reasons.

The Office Is Reserved for Creative Minds in Lego’s Covid Plan

The Office Is Reserved for Creative Minds in Lego’s Covid Plan

The Office Is Reserved for Creative Minds in Lego’s Covid Plan  Bloomberg