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Near-Zero Escape, Brexit Talks Slog, Nafta Rebrand: Eco Day

Near-Zero Escape, Brexit Talks Slog, Nafta Rebrand: Eco Day

(Bloomberg) -- Welcome to Tuesday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help get your day started:

  • The Fed is leading rich nations out of the near-zero-interest-rate era, but the key word is still “gradual”
  • The Brexit Update. Keep up to speed with the latest on the negotiation process, including wheat fields and tarantulas
  • Nafta rebrand. A revised trade pact between the U.S., Mexico and Canada that awaits enactment might not have changed much, but did allow for a sigh of relief
  • China critic. A tycoon-turned-politician in Thailand is speaking out against a $5.6 billion high-speed rail project with China, arguing hyperloop technology should win out
  • Microfinance bonanza. Cambodia could be in for a wave of social unrest if a growing army of debtors is unable to repay loans
  • Urban crawl. Key to President Jokowi’s election in Indonesia is a high mark for his performance in curing the world’s worst traffic
  • Lira ascendant. Turkey’s currency is looking a bit more buoyant on signs that the economy could be readjusting after an overheating run

To contact the reporter on this story: Michelle Jamrisko in Singapore at mjamrisko@bloomberg.net

To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, Henry Hoenig

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