The Global Disruptor, Trade Battle, Virus Response: Eco Day
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Good morning, Americas. Here’s the latest news and analysis from Bloomberg Economics to help get your week started:
- Donald Trump has spent the past four years lobbing unsolicited advice at Britain on the best path forward for Brexit and holding out promises of a grand new trade alliance. Now that the U.K.’s departure is official, though, Trump gets to really double down on a role he relishes: that of the geopolitical disruptor
- The slow improvement in global manufacturing could be about to take a pause -- or worse -- as firms brace for supply-chain disruptions and a blow to demand from the spread of the coronavirus
- Chinese officials are evaluating whether the target for economic growth this year should be softened as part of a broader review of how the government’s plans will be affected by the deadly virus outbreak, according to people familiar with the matter
- Rising labor costs will eventually reignite inflation in the euro zone, and the European Central Bank is on track toward its goal, the institution’s chief economist says
- The EU’s biggest eastern economies have something that’s eluded their western neighbors for some time: a strong dose of inflation. But central banks in the ex-communist region are loathe to raise borrowing costs
- Finally, here’s a story about one ordinary day in an extraordinary global economy
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