United States:
Bird Flu Is Latest Threat to America’s Embattled Chicken Farms
“U.S. poultry farms have yet another production headache to deal with: bird flu. For the first time in several years, cases of deadly avian influenza have hit farms in Indiana, Virginia and Kentucky recently. That prompted some nations such as Mexico to ban or limit imports from certain areas, and there’s a risk that more curbs could be on the way.”
Europe:
ECB Mustn’t Overreact to High Near-Term Inflation, Chief Economist Lane Warns
“The European Central Bank must be careful not to overreact to high near-term inflation, chief economist Philip Lane said, arguing that an aggressive response could lead to too-weak price pressures down the line. It’s crucial to prevent “an excessive monetary tightening that pushes inflation persistently below the 2% target over the medium term,” Lane said at a virtual event hosted by MNI on Thursday. To reach their goal, policy makers also shouldn’t underreact to emerging risks.”
Asia:
China’s Economic Inroads in South America Starts With Grass Roots
“When it comes to global economic influence, it’s increasingly becoming a bi-polar world with China jostling with America for influence. And in a bi-polar environment, a zero-sum game scenario takes hold, where one country’s relative advances mean the other’s relative decline. When it comes to South America, China is the one making advances.”
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