U.K. Housing Woes, APEC Disarray, Brexit and Curry: Eco Day
(Bloomberg) -- Good morning Americas. Here’s the latest news from Bloomberg Economics to help get your week started:
- The U.K.’s housing woes are continuing as a report showed asking prices fell from a year earlier for the first time since 2011, led by declines in London and among the most expensive properties
- As Theresa May asks businesses to back her Brexit deal, Britain’s famed curry houses are already feeling the squeeze. Somewhere in the country one closes every day amid falling immigration and a weak pound that drives up costs
- In Asia, a regional summit ended in tumult after the U.S. and China failed to agree on language in a final statement, the latest sign that a trade war between the world’s biggest economies won’t end anytime soon
- India’s monetary policy makers and government officials will meet Monday in a board meeting that promises to be anything but its usual dull affair
- Here’s why plunging oil prices are giving African central banks more to think about as they move toward a cycle of raising interest rates
- In Slovenia, the top two candidates for the nation’s open seat at the European Central Bank couldn’t be further apart on the subject of the euro zone
- Meanwhile, the ECB shouldn’t rush to spell out how long it plans to reinvest proceeds from bonds maturing under its asset-purchases program, according to French policy maker Francois Villeroy de Galhau.
- In case you missed it, Amir Yaron, a finance professor at University of Pennsylvania’s Wharton school of business, was confirmed as Bank of Israel’s new governor
- Meanwhile, here’s a look at how corporate America’s debt boom looks like a bust for the economy and how to win the economic debate at Thanksgiving dinnder
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