Bloomberg Business

Protests Erupt Across Mideast as Israel Readies Gaza Assault

Tens of thousands of people protested across the Middle East on Friday against Israel’s bombardment of Gaza as it stepped up preparations for a possible ground offensive to destroy Palestinian militant group Hamas.

Lagarde Says ECB Can Act Again as Rate Impact Gauged

European Central Bank President Christine Lagarde said officials will raise interest rates again if they have to, but they’re also gauging the impact of prior moves still feeding through.

Five Ways the UK Is Falling Behind on Climate Goals

Rishi Sunak is being slammed by his climate advisers for making net zero harder to achieve in Britain after his recent policy retreats. The prime minister says he’s trying to protect consumers struggling with double-digit inflation.

ECB’s Narrow Path to Price Goal Keeps Hikes in Play, Kazaks Says

(Bloomberg) — European Central Bank Governing Council member Martins Kazaks said there’s only a “narrow path” back to 2% inflation — meaning an extension to the euro zone’s unprecedented spate of interest-rate increases can’t be excluded.

Jeremy Hunt Wants UK Growth, But Is Aiming to Avoid Truss’s Fate

Just a year after Liz Truss’s failed attempt to jump-start the UK economy using unfunded tax cuts, Prime Minister Rishi Sunak and Chancellor of the Exchequer Jeremy Hunt have picked up her baton and are pushing their own supply-side boost to try to lift growth and fill a hole in the public finances.

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