Bloomberg Markets - July-August 2014
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July-August 2014 issue Digital Access. - Magazine Details
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In this issue
KKR\'s New Deal - World\'s Strongest Banks - Getting High on Pot Stocks
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The New Economics
Policymakers learned the lessons of 2008 and deployed a wider set of tools to help repair the damage from Covid. They know how to create a recovery, but can they manage the boom?
‘Look Where We Were and Where We Are Now'
IT LOOKS LIKE a woman’s world on the 29th floor of Tamkeen Tower, where a call center for Saudi Arabia’s General Authority for Statistics overlooks the beige sprawl of Riyadh. Past frosted glass doors, the few men to one side of the room are vastly outnumbered by female colleagues sitting at desks spread across the office.
You Have to Be Prepared to Act
To repair the economic damage wrought by the pandemic, Freeland says she’s using lessons from her journalism career and the collapse of the Soviet Union
Tracking Vaccinations
WHEN IS ALL THIS going to be over?
The U.S. Can't Afford a Tax Policy That Punishes Wealth
HIS CRITICS AND supporters agree: President Joe Biden’s tax plans are radical. He wants a substantial increase in U.S. public spending and means to pay for it by raising taxes on the rich, in particular by almost doubling the top tax rate on investment income. Unsurprisingly, the idea seems to be playing well in opinion polls. It would be odd if the promise to lift up the poor and middle class at the expense of the top 3% was unpopular. The question is whether it’s smart.
The Death Cross
In South Korea, living alone and childless is becoming a way of life—with dramatic consequences for one of Asia’s most successful economies
Stay on Top of Deal Developments With These Automated Stories
DEALMAKING JUST HAD the best first quarter in more than 20 years. Global mergers-and-acquisitions volume hit $1.1 trillion in the January-through-March period, and the number of deals—14,852—was the highest recorded in any quarter since Bloomberg started compiling deal data in 1998. While M&A soared in every region, North American acquirers led the way, racking up $568 billion of transactions.
The Bahamas' Central Banker Explains Why Its ‘Sand Dollar' Led the Way
THE BAHAMAS BECAME a global leader in e-money last year when it launched one of the world’s first central bank digital currencies— the “sand dollar”—beating China’s “digital renminbi” to the market by six months.
Saving Youngstown. Again
One U.S. president after another has promised to turn this Rust Belt city around. Now Joe Biden is planning to steer millions of dollars in federal funding to revive manufacturing. So where are the jobs?
Poverty Soars in the World's Most Unequal Region
THE COVID-19 pandemic has sent a wave of poverty racing across Latin America, deepening declines that began over the past decade and consigning millions to lives of deprivation.