Tag Archives: COVIDravaged

Alphabet Inc’s (GOOGL.O) Google on Tuesday launched its Showcase news platform in India with 30 domestic news publishers, at a time when the country is trying to weed out misinformation surrounding a ferocious second COVID-19 wave. Indians have become increasingly reliant on social media platforms like Twitter (TWTR.N), Facebook (FB.O) and Instagram for information related to the crisis amid a shortage of critical medical supplies. Google will pay the partnering publishers for their online… Source link

Bloomberg China Puts Australia on Notice With Push to Diversify Iron Ore (Bloomberg) — Beijing threw the spotlight on trade tensions with its top commodities supplier, Australia, after the government’s economic planning agency said it’s looking to diversify China’s supply of iron ore.Chinese firms should boost domestic exploration for the steel-making input, widen their sources of imports, and explore overseas ore resources, the National Development and Reform Commission said at its… Source link

Bloomberg Central Banks Keep Lid on Rate Bets as Commodity Prices Soar (Bloomberg) — The surge in commodities prices is failing to trigger some of the traditional responses in bonds and currencies.Unlike recent commodities rallies in 2008 and 2011, yields on Treasuries and currencies of major exporters like Australia have barely budged. Likewise, the Federal Reserve’s favored measure of inflation expectations has disconnected from moves in raw materials.The biggest buffer: Central bank… Source link