News That Matters

Tag: Emerging Markets

China Is Open Again. 13 Ways to Tap Into Its Recovery Right Now.
Business

China Is Open Again. 13 Ways to Tap Into Its Recovery Right Now.

Chinese stocks look poised to keep bouncing into the Year of the Rabbit. As authorities peel back some of the last Covid restrictions this weekend and policy makers prioritize reviving the world’s second largest economy, Chinese stocks stand to recoup some of the steep losses of the past two years.  On the economic front, more dismal developments are likely forthcoming in the first quarter as Covid cases mount and China grapples with the public-health mess created by its abrupt pivot away from zero-Covid restrictions and the threat of lockdowns. Source link
Brazil Vice President Criticizes Bolsonaro Supporters Over Chaos
Politics

Brazil Vice President Criticizes Bolsonaro Supporters Over Chaos

Brazil’s outgoing president Jair Bolsonaro helped foment social tension after losing the country’s elections, and his followers should support a change in administrations, Vice President Hamilton Mourao said Saturday.“Leaders who were supposed to reassure and unite the nation” instead allowed silence to “create a climate of chaos,” Mourao said during a televised address that didn’t identify Bolsonaro by name.  Source link
Philippine Health Dept: No Need to Restrict Chinese Visitors
Health

Philippine Health Dept: No Need to Restrict Chinese Visitors

The Philippines’ top health official said there’s no need yet to shut the country’s borders or impose tighter Covid restrictions on inbound Chinese travelers, bucking moves by other nations like the US to require tests for visitors from China amid a renewed surge in infections there.“The direction of this administration is that as much as possible, restrictions should be minimal where we don’t compromise health but we also favor the opening up of the economy,” Maria Rosario Vergeire, the officer in charge at the Department of Health said at a briefing Thursday. The agency is confident that existing health protocols are sufficient, she added. Source link