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Jun 21 • 4 tweets • 4 min read
Nouriel Roubini warns of a recession in the US by the end of this year.

Follow the latest updates from the #QatarEconomicForum: trib.al/Mk9dBZm
Exxon Mobil says the global oil markets may remain tight for another three to five years.

Follow the latest updates from the #QatarEconomicForum #منتدى_قطر_الاقتصادي: trib.al/Mk9dBZm
“We realize that high energy prices are not permanent and will not last forever,” Qatar’s Emir, Sheikh Tamim bin Hamad Al Thani, says.

Follow the latest updates from the #QatarEconomicForum #منتدى_قطر_الاقتصادي: trib.al/Mk9dBZm
"I think this inflation is quite bad, it’s intransigent, it’s not transitory, and the consequences will be recession," @StanChart CEO Bill Winters tells @flacqua.

Follow the latest updates from #QatarEconomicForum bloom.bg/3xK4D7l

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More from @business

Bloomberg Profile picture
Jun 21
LIVE BLOG: Elon Musk joins a discussion with Bloomberg Editor-In-Chief John Micklethwait at the #QatarEconomicForum trib.al/StmhVVw #منتدى_قطر_الاقتصادي
Elon Musk says there are still a few “unresolved matters” with his Twitter takeover, and he is still waiting for a resolution on the matter of how many bots are on the platform

#QatarEconomicForum bit.ly/3Qu4Sfn #منتدى_قطر_الاقتصادي
Elon Musk tells the #QatarEconomicForum that a recession is “inevitable at some point” and that it’s more likely than not that there will be one in the near term bit.ly/3Qu4Sfn #منتدى_قطر_الاقتصادي
Read 9 tweets
Bloomberg Profile picture
Jun 20
President Zelenskiy says his nation faces a "historic week" as the EU's 27 member states decide whether to approve its bid to become a candidate.

Latest updates on Russia's invasion of Ukraine: trib.al/J5501Ew
EU foreign policy chief Josep Borrell slams Russia’s disruption of Ukrainian grain exports as a “real war crime"

Ukraine latest: trib.al/J5501Ew
Russia again tightens its grip on Europe’s natural gas supply, rejecting an offer from Ukraine to book more transit capacity to compensate for reduced flows through a key pipeline to Germany

Latest updates: trib.al/J5501Ew
Read 5 tweets
Bloomberg Profile picture
Jun 20
The world’s top airline chiefs are gathering in Doha for the annual meeting of the International Air Transport Association. Follow the latest updates trib.al/Fo3hJnm
Airbus chief says the European planemaker is engaged in talks with Qatar Airways to resolve a dispute over paint-degradation issues afflicting the Gulf carrier’s A350 jets
bloom.bg/39Bx6UR
Twenty narrow-body Airbus jets that were fully built by the end of May were still missing engines, leading to plane delays
bloom.bg/3On2pBq
Read 11 tweets
Bloomberg Profile picture
Jun 16
ESG has long been a punching bag for the far right and disgruntled corporate executives. But a new group is growing leery of the $40 trillion industry: retail investors trib.al/Ide5ZwE
After attracting huge amounts of money for three years, demand for ESG is cooling. Flows into ESG funds slumped 36% in Q1, according to Morningstar data. It's the worst showing since before the pandemic began and was followed by another decline in April. trib.al/XzQkyqj
And ESG returns, which rode out the worst lockdown-induced selloffs, also are starting to sag. By the second week of June, European ESG equity funds had, on average, lost 14%, compared with an 11% decline in the Stoxx Europe 600 index trib.al/XzQkyqj
Read 5 tweets
Bloomberg Profile picture
Jun 16
JUST IN: The leaders of Germany, France and Italy arrive in Kyiv for talks with President Zelenskiy.

Latest updates from Russia's invasion of Ukraine: trib.al/LRmz2FC
France's Engie says Russia has reduced gas shipments, echoing similar reports from German and Italian utilities as tensions escalate between Moscow and Europe

Latest updates: trib.al/LRmz2FC
Russia and China gave alternative accounts of President Xi Jinping’s call with Vladimir Putin on Wednesday, as both sides seek to manage perceptions of their relationship following Russia’s invasion of Ukraine

Latest updates: trib.al/LRmz2FC
Read 4 tweets
Bloomberg Profile picture
Jun 15
NEW: The risk of a US recession by the first quarter of 2024 has hit 72% as the Fed hikes rates to curb inflation trib.al/tOfUOuI
The Fed delivered its biggest interest-rate hike in three decades -- a 75 basis points raise to fight inflation.

When central bankers try this hard to slow the economy down, they often end up tipping it into outright reverse trib.al/5cUmB0D
Bloomberg @economics estimates about a ¾ probability risk of recession -– more than double what the models showed as recently as April Image
Read 7 tweets

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