Europe’s Dark, Windless Days Show Risk of Its Renewables Rollout

Europe’s power prices soared to levels last seen during the energy crisis this week. Only it wasn’t a war or other geopolitical events that caused it, but the dark, windless weather that is all too common during winter. #press

https://www.bloomberg.com/news/articles/2024-11-07/europe-s-dark-windless-days-show-risk-of-its-renewables-rollout?utm_source=press.coop

US Set to Beat China as Minerva’s Top Beef Importer

The US is set to become the largest export customer of Minerva SA, the leading South American beef supplier, eclipsing China. #press

https://www.bloomberg.com/news/articles/2024-10-30/us-set-to-beat-china-as-minerva-s-top-beef-importer?utm_source=press.coop

Google Play App Store Must Lift Restrictions on Rival Marketplaces

Alphabet must lift restrictions preventing developers from setting up rival marketplaces and billing systems that compete with its Google Play Store, a federal judge in San Francisco ruled on Monday. Tom Mackenzie reports on Bloomberg Television. (Source: Bloomberg) #press

https://www.bloomberg.com/news/videos/2024-10-08/google-play-app-store-must-lift-restrictions-on-rival-marketplaces?utm_source=press.coop

Kazakhstan Returns to Dollar Bond Market After Decade Away

Kazakhstan is returning to the dollar-bond market for the first time in almost a decade after a legal dispute that raised the threat of asset seizures was resolved earlier this year. #press

https://www.bloomberg.com/news/articles/2024-10-03/kazakhstan-returns-to-dollar-bond-market-after-decade-away?utm_source=press.coop

Zimbabwe’s Gold-Backed ZiG Weakens Past 14 Per Dollar to Record Low

Zimbabwe’s bullion-backed currency has slid past 14 per dollar, its weakest level on the official market since it started trading five months ago. #press

https://www.bloomberg.com/news/articles/2024-09-27/zimbabwe-gold-backed-zwg-usd-zig-currency-hits-record-low-against-us-dollar?utm_source=press.coop

US Ups Pressure to Clamp Down on Russian Oil Sanctions Breaches

The US has asked at least one shipping insurer for information on 14 companies it suspects may have violated sanctions on Russian oil, a sign Western governments are still trying to limit the ways Moscow exports its fuels. #press

https://www.bloomberg.com/news/articles/2024-09-20/us-ups-pressure-to-clamp-down-on-russian-oil-sanctions-breaches?utm_source=press.coop

China Budget Spending Slide Deepens in Worrying Sign for Economy

China’s broad budget expenditure shrank at a faster clip amid an unprecedented drop in income earned by local governments from land sales, an alarming sign for an economy desperately in need of fiscal support. #press

https://www.bloomberg.com/news/articles/2024-09-20/china-budget-spending-slide-deepens-in-worrying-sign-for-economy?utm_source=press.coop

El Salvador Bonds Soar After Bukele Signals Zero Deficit

El Salvador’s sovereign debt jumped Monday after President Nayib Bukele said the 2025 budget wouldn’t involve issuing new debt, signaling his plans for fiscal austerity, a key step in unlocking a long-awaited program with the International Monetary Fund. #press

https://www.bloomberg.com/news/articles/2024-09-16/el-salvador-bonds-soar-after-bukele-signals-zero-deficit?utm_source=press.coop

Markets in 3 Minutes: Global Growth Negativity Is Overdone

Guy Johnson, Kriti Gupta and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg) #press

https://www.bloomberg.com/news/videos/2024-09-09/markets-in-3-minutes-global-growth-negativity-is-overdone?utm_source=press.coop

Falling Pump Prices Blunt Trump’s Inflation Attacks on Harris

Steadily falling gasoline prices are providing a tailwind for US Vice President Kamala Harris’ campaign for the nation’s highest office as Donald Trump seeks to rile inflation-weary consumers by attacking her record on energy. #press

https://www.bloomberg.com/news/articles/2024-09-07/falling-pump-prices-dampen-trump-s-inflation-attacks-on-harris?utm_source=press.coop

The Rise of Small Language Models to Cut AI Costs

For years, the likes of Google and OpenAI have been racing to build ever bigger and costlier AI models using a tremendous amount of online data - think chatbots like ChatGPT, which can handle a wide range of complex queries. But some startups are now betting on a different strategy: small language models,... #press

https://www.bloomberg.com/news/videos/2024-08-08/the-rise-of-small-language-models-to-cut-ai-costs-video?utm_source=press.coop

Bitcoin Advances as Trump Incident Seen Increasing His Chances

Bitcoin is gaining after the shooting at a Donald Trump rally, leading to speculation the incident will increase his chances of winning the presidential election. #press

https://www.bloomberg.com/news/articles/2024-07-14/bitcoin-btc-rises-as-trump-rally-shooting-seen-increasing-re-election-odds?utm_source=press.coop