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Trump Trade Warning, IMF Cuts Outlook, Aussie Wage Rage: Eco Day
Trump Trade Warning, IMF Cuts Outlook, Aussie Wage Rage: Eco Day
10 Apr 2019, 02:45 PM IST
(Bloomberg) -- Welcome to Wednesday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help get your day started:
- The IMF cut its outlook for global growth to the lowest since the financial crisis amid a bleaker outlook in most major advanced economies and signs that higher tariffs are weighing on trade
- President Donald Trump is sending a clear message to the world: My trade wars aren’t finished yet and a weakening global economy will just have to deal with it
- Australian worker discontent is rumbling as calls to revive stagnant wages grow louder in a nation that appears set to elect a former union leader as prime minister
- U.S. job openings fell in February by the most since 2015 while still exceeding the number of unemployed Americans, a sign of some potential relaxation in what’s been a consistently tight labor market
- The Italian government’s gloomy outlook for its economy was confirmed yesterday, with new forecasts predicting almost no growth this year
- The list of ways that China keeps tabs on citizens is getting longer
To contact the reporter on this story: Chris Bourke in Sydney at cbourke4@bloomberg.net
To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, Matthew Brockett
©2019 Bloomberg L.P.
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