4/30/2021 4:30:45 AM GMT
The data prints have been coming thick and fast since US GDP last night for Asia, with several notable releases across the region this morning with more to come. The overall picture is more of a messy blancmange than a clear thematic picture so beloved by financial markets. I will attempt to work through it all systematically to create a beautiful Kiwi made and invented pavlova instead. (step away from the pav Australians)
Overnight US Advanced GDP for Q1 rose by 6.40%, an impressive result, but not quite the 7.0% that many, including the author, had expected. Digging through the sub-indices, the headline number was dragged down by a fall in inventories, suggesting that logistical constraints and chip shortages impacted the numbers. That is a theme that reappears later.
시흥배곧서울대학교병원(가칭) 설립 예비타당성조사 최종 통과 공동브리핑 개최
cunews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cunews.net Daily Mail and Mail on Sunday newspapers.
시흥배곧서울대학교병원 기재부 예타 통과, 사업 탄력
ohmynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ohmynews.com Daily Mail and Mail on Sunday newspapers.
긴시간 이어폰 끼면 안 돼…음량은 60% 미만으로 들어야
segye.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from segye.com Daily Mail and Mail on Sunday newspapers.
Myanmar’s Economy in Freefall Under Military Regime
Myanmar’s Economy in Freefall Under Military Regime
Feature: The military regime s security forces guarding City Hall in downtown Yangon Feb.6 / The Irrawaddy
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By The Irrawaddy 22 April 2021
Before last year’s November election, the World Bank and the Asian Development Bank predicted that Myanmar would bounce back strongly from the economic impact of the global COVID-19 pandemic, with the economy set to grow at around 6 percent in 2021.
In the immediate aftermath of the military’s Feb. 1 coup, junta leaders sought to keep the economy on track by presenting themselves as business-friendly and saying that economic policies would remain unchanged during the state of emergency. The junta even appointed some individuals to Myanmar’s key economic ministries who were already well-connected and well-known to the international community.