‘We need to respond with unity & solidarity. A key aspect of solidarity: financial support’-UN Chief

Opening remarks by António Guterres, Secretary-General of the United Nations on the High-Level Event on Financing for Development in the Era of COVID-19 and Beyond. “(…) Today, we are asking for immediate, collective action in six critically important areas. First, global liquidity. A rush to safety has triggered an outflow of capital from some key … Read more ‘We need to respond with unity & solidarity. A key aspect of solidarity: financial support’-UN Chief

Civilians in Armed Conflict & other topics – Daily Briefing (27 May 2020)

Noon briefing by Stéphane Dujarric, Spokesperson for the Secretary-General. Highlights: – Security Council – Protection of Civilians in Armed Conflict – High-Level Event on Financing for Development – ECOSOC – Women’s Participation in Peacebuilding – Afghanistan – Cyclone Amphan – Airline Crash – Africa Day – Syria – Peacekeeping Support to COVID-19 Response – World … Read more Civilians in Armed Conflict & other topics – Daily Briefing (27 May 2020)

Pimco: U.S. Still ‘Save Heaven’; Asia Credit ‘Reasonably Attractive’

May.27 — Kimberley Stafford, head of Asia-Pacific at Pacific Investment Management Co., discusses market liquidity and her views on U.S. and Asian bonds. She also discusses how the coronavirus outbreak is affecting interest in environmental, social and governance investing. She speaks with Yvonne Man and Tom Mackenzie on “Bloomberg Markets: Asia.”

Vanguard’s Wright-Casparius Found Opportunities in Less-Traded Treasuries

May.21 — Gemma Wright-Casparius, Vanguard Group’s Inc. fixed-income portfolio manager who heads four actively managed mutual funds with combined assets of about $50 billion, says she found investment opportunities in older, less-traded Treasuries as liquidity disappeared amid the pandemic in March. She speaks with Bloomberg’s Scarlet Fu and Romaine Bostick on “Bloomberg Markets: The Close.”

The Federal Reserve’s stimulus measures are akin to MMT

The Federal Reserve is taking enormous action to flood the market with liquidity. Insights via @CME Group : https://openmarkets.cmegroup.com/quicktake?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_econ&utm_content=more_insights Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm QUICKTAKE ON SOCIAL: Follow QuickTake on Twitter: twitter.com/quicktake Like QuickTake on Facebook: facebook.com/quicktake Follow QuickTake on Instagram: instagram.com/quicktake Subscribe to our newsletter: https://bit.ly/2FJ0oQZ Email us at quicktakenews@gmail.com QuickTake by Bloomberg … Read more The Federal Reserve’s stimulus measures are akin to MMT

Ryanair CEO Says German, French Bailouts Distort Airline Market

May.18 — Ryanair Holdings Plc Chief Executive Officer Michael O’Leary says that support by German and French governments for their airline industries is “illegal” and will “distort the market.” He made the comments after Europe’s biggest low-cost carrier boosted its liquidity with a 600 million-pound ($726 million) loan backed by the U.K. government. He speaks … Read more Ryanair CEO Says German, French Bailouts Distort Airline Market

Wall Street Week – Full Show (05/15/2020)

May.15 — One of the most iconic brands in financial television returns for today’s issues and today’s world. This week’s Wall Street Week features David Westin’s interviews with Willett Advisors Chairman & CEO Steven Rattner, Connecticut Gov. Ned Lamont (D), U.S. Energy Secretary Dan Brouillette, and Restaurant Brands International CEO Jose Cil. The conversations examine … Read more Wall Street Week – Full Show (05/15/2020)

The Fed’s push to shore up liquidity is not creating demand: Beschloss

May.15 — Afsaneh Beschloss, RockCreek Group Founder & CEO, says the Fed’s stimulus measures have provided liquidity, but are unable to create demand for goods and services. She points to the similarities between performance in equities and high-yield bonds because of the Fed’s asset-buying programs. She joins David Westin on “Bloomberg Wall Street Week.”

Powell Warns of Broad Virus Danger, Bats Down Negative Rates

The U.S. economy faces unprecedented risks from the coronavirus if fiscal and monetary policy makers don’t rise to the challenge, Federal Reserve Chair Jerome Powell said while pushing back against the notion of deploying negative interest rates. “The recovery may take some time to gather momentum, and the passage of time can turn liquidity problems … Read more Powell Warns of Broad Virus Danger, Bats Down Negative Rates

India’s PM Pledges $265 Billion Package To Revive Damaged Economy

India will provide collateral-free loans worth $40 billion to boost liquidity for small businesses and help the economy tide over the coronavirus outbreak. The loans will benefit up to 4.5 million small businesses, Finance Minister Nirmala Sitharaman said in New Delhi on Wednesday. The program will be open until Oct. 31. “Essentially this is to … Read more India’s PM Pledges $265 Billion Package To Revive Damaged Economy

Lamborghini Reopens Northern Italy Factory

Back on track, but not back at top gear. Workers returned to work Monday (4 May) at Lamborghini’s Sant’Agata Bolognese factory in Italy’s hard-hit Emilia-Romagna region, but with new safety measures in place to prevent the spread of COVID-19, including masks, gloves and social distancing. The factory had been closed since 12 March, but was … Read more Lamborghini Reopens Northern Italy Factory

Qantas Hopes Significant Domestic Business by Year-End: CEO

May.04 — Alan Joyce, chief executive officer at Qantas Airways Ltd., discusses raising an additional $550 million in liquidity, the potential for opening up markets outside of Australia and New Zealand, consolidation and what the airline would look like after the coronavirus pandemic. He speaks on “Bloomberg Markets: China Open.”