Italy Averts Crisis, Trade Risk Eases, Maduro Wins: Eco Day

  • Populists in Italy agree on prime minister amid French warning
  • U.S., China developments positive, while tensions linger

Venezuela's Maduro Wins Another 6-Year Term

Good Monday morning, Europe. Here’s news from Bloomberg Economics to help get your week started:

  • Italy’s two populist parties struck a deal on a prime minister, helping ease stresses amid a warning by France to avoid putting European stability at risk
  • Keep calm. Markets the world over are breathing a little easier with a bit of a detente in U.S.-China trade relations over the weekend, including a Beijing pledge to buy more American goods, but tensions linger
  • Renewed stress. Spanish Prime Minister Mariano Rajoy faces more confrontation with Catalonia over the regional government’s choice of leaders, threatening passage of his 2018 budget
  • Fresh team. Malaysia’s fast-changing economic landscape will be shaped by these five people, while leader-in-waiting Anwar Ibrahim told Bloomberg TV about how the new government will court support of ethnic Malays
  • Red alert. The Reserve Bank of India should take more seriously the rampant increases in interest rates across maturities, Bloomberg Economics argues
  • Lowest turnout. President Nicolas Maduro won another six-year term as millions of Venezuelans boycotted the widely derided election, a victory that hands him sole ownership of the nation’s crushing economic crisis
  • Healthier trade. Japan can celebrate an April rebound in exports that damped fears of sustained trade weakness amid U.S.-China tensions
  • Lunchtime reading. Brexit could create a bottleneck in goods traffic, delaying shipments of French wine, pet food and other cargo that’ll need more checks between U.K. and EU borders
    Before it's here, it's on the Bloomberg Terminal. LEARN MORE