Thursday, 27 January, 2022
TopicBloomberg wire

Topic: Bloomberg wire

Covid isn’t behind us, but the world’s next big health emergency is already here

Therese Raphael -
Covid has led to 5.6 million deaths, but antimicrobial resistance is likely to log 10 million deaths annually by 2050. Its treatment has led to antibiotics' overuse, which has spiked drug resistance.

Italian Generali buys 25% stake worth Rs 1,250 cr in insurance JV from embattled Future Group

Rahul Satija -
The stake sale, which will give Generali majority control over the JV, comes as the Future Group is locked in a prolonged legal battle with partner Amazon.

Asia’s virtual banks need oversight to guard data, India could offer model, BIS says

Enda Curran -
Along with Singapore, India may offer a model for creating a platform under central bank supervision that allows personal data sharing, with customer consent, says BIS.

Biden’s wolf-crying campaign over Ukraine has turned the tables on Putin

Leonid Bershidsky -
There is a plausible scenario that defies the seemingly unshakable logic of Putin's planned invasion of Ukraine and plays out as a media phenomenon rather than a hot war.

India’s economic indicators flash early warning signs for rebound

Karthikeyan Sundaram -
While the needle on a dial measuring the so-called ‘Animal Spirits’ remained stable, top producers signaled weakness as 2021 wound down.

Fed does what’s expected, not what’s needed

Mohamed A. El-Erian -
Federal Open Market Committee signaled it would start a rate-hiking cycle soon, follow with gradual reduction in its balance sheet, and end its asset-purchase program by early March.

Fed’s hawkish pivot sends sovereign yields soaring to highs across Asia, Australia, NZ

Garfield Reynolds -
With growing expectations that the Fed stance will spur rapid tightening from central banks all over, yields rose across regions including in Asia.

World has taken over 10 billion Covid vaccine doses, rich nations used 71%: Bloomberg tracker

Drew Armstrong -
The remaining 29% of doses have been taken by less wealthy countries such as India, much of Africa and parts of Asia, which together make up almost half the people on Earth.

How Vladimir Putin keeps everyone guessing

Bobby Ghosh -
Over the years, Putin has always had the upper hand tactically vis-à-vis the West because he’s had what’s called escalation dominance. But experts say he may have gone a big step too far.

Foreigners cash out of key Asian emerging markets ahead of Federal Reserve meet

Shikhar Balwani -
Overseas funds have sold a net $3.1 billion worth of shares in Taiwan, South Korea and India this week. That follows $4.9 billion of withdrawals last week, highest since August.
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Opinion

Covid isn’t behind us, but the world’s next big health emergency is already here

Therese Raphael -
Covid has led to 5.6 million deaths, but antimicrobial resistance is likely to log 10 million deaths annually by 2050. Its treatment has led to antibiotics' overuse, which has spiked drug resistance.
Imran Khan, chairman of Pakistan Tehreek-e-Insaf, in Lahore | Asad Zaidi/Bloomberg

Imran Khan is losing the plot. Someone’s chair is about to be pulled again

The Amar Jawan Jyoti at India Gate in New Delhi

Don’t make distinction between India’s fallen heroes. Find a fitting way to pay tribute

Economy

An Assicurazioni Generali SpA logo sits above an entrance to their offices in Rome | Bloomberg

Italian Generali buys 25% stake worth Rs 1,250 cr in insurance JV from embattled Future Group

Rahul Satija -
The stake sale, which will give Generali majority control over the JV, comes as the Future Group is locked in a prolonged legal battle with partner Amazon.

Defence

The Indian Army's Akash missiles on display during the 73rd Republic Day Parade, at Rajpath, in New Delhi | ANI

Not just 1st R-Day, 26 Jan 1950 also significant as Indian Army, Navy shed ‘Royal’ prefix

Raghav Bikhchandani -
Both the ‘Royal’ prefix for the Navy and Air Force in India, as well as the absence of such a label for the Army, have their roots in British military and political history.

National Interest

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Shekhar Gupta -
Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.

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