Global Baby Drought, China’s Sound Recovery, Rate Plans: Eco Day

15 Mar 2021, 05:15 PM IST

(Bloomberg) -- Welcome to Monday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day and week:

Economies across Europe and Asia are at biggest risk amid a global baby drought made worse by Covid
China’s economic activity surged in the first two months of the year compared with a year ago, though the figures showed an uneven recovery with strong industrial output fueled by exports but lagging consumer spending
Of the world’s bigger geopolitical players, Russia has the most to risk from a successful transition away from fossil fuels -- but few are as dubious that it will happen
U.S. Treasury Secretary Janet Yellen says inflation risk is small and manageable, though economists are seeing emerging markets moving forward interest-rate hikes on the ramp-up in yields and price growth
Mexico is among central banks having to digest the U.S. yield spike with a policy decision later this month
Ahead of the Federal Reserve meeting this week, economists expect forecasts won’t change but that policy makers will end up having to hike rates as soon as 2023
Japan machinery orders took a breather in January after a three-month winning streak, showing more capital spending is in the pipeline once virus-related restrictions are lifted
Thailand’s pork industry is bringing home the bacon after a deadly pig-killing disease wiped out millions of hogs across Asia.