Bloomberg News

As President Trump’s trade war rattles global markets, Bloomberg Television goes beyond the headlines. Join us for insights from top economists, market strategists and policymakers. WATCH LIVE: https://t.co/Vdfrpp0X9O

The US economy is set to lose billions of dollars in revenue in 2025 as foreign tourists rethink their vacation plans amid increased hostility at the border, rising geopolitical frictions and global economic uncertainty. US airports welcomed 10% fewer tourists in March compared to a year earlier, and weaker flight and hotel bookings are hinting at a sustained pullback ahead. Canadian videographer Curtis Allen canceled an upcoming US vacation after President Donald Trump imposed tariffs on his home country and suggested it should become the 51st US state. Allen and his partner have been on multiple camping trips to Oregon over the years, but in 2025, they will be traveling around British Columbia instead. “We're not just staying home,” said Allen. “We're going to go spend the same money somewhere else.” Here's a gift link to read our Bloomberg News story, edited by Matthew Boesler: https://lnkd.in/dWajdDMW

Bloomberg Television's Joumanna Bercetche Hosts the 5th edition of the Qatar Economic Forum. Join us as we unpack how strategic choices made in the region will shift the global economy May 20-22. https://bloom.bg/41aeO59 #QatarEconomicForum #منتدى_قطر_الاقتصادي

Trump’s stringent immigration policies have major implications for education, tourism and jobs. We're answering questions about how his agenda could shape the US economy 🎧Tune in on April 16 at 11:30am EDT: https://bloom.bg/3YsJCw0

The SEC said it approved an amended application from the Green Impact Exchange (GIX) to register as a national securities exchange. It plans to open early next year.

eFishery was one of Asia's top startups, a crown jewel of Indonesia. Its revenues, profit and impact attracted hundreds of millions of dollars from SoftBank, Temasek, Sequoia India, Wavemaker, G42 and countless other top-flight investors. But the vast majority of it was faked. To find out how and why, we spoke to dozens of investors, employees and farmers. And we travelled to Bandung to seek out the founder Gibran Huzaifah. After much effort, he agreed to meet and tell all. When I spoke to many who had been burned, one question kept coming up. Why did he do it? The answer is far more complex than money. It's about ego and pride but also pressure from investors telling founders to change their business and achieve certain results or lose everything. This is therefore a story of our times. Of global VC cash - and occasionally terrible advice - being thrown at the old-world reality of doing business at the edge of frontier markets. And founders who dream of being the one's who shape the universe, if only they can make the numbers bend to their will. https://lnkd.in/ev-juuyg

Some major public institutions in Canada, including a pension management firm and a leading hospital, are advising staff against traveling to the US, marking a greater erosion in the country’s longstanding trust with its neighbor.

https://lnkd.in/ddS9Q9wi National Payments Corporation of India aims to draw an additional 200 million to 300 million Indians to UPI to “break their cash memory” through initiatives including delegated accounts for children and household staff, who may lack access to traditional bank accounts, said Dilip Asbe, its managing director and chief executive. Preeti Singh #payments #upi #India Government of India

eFishery was one of Asia's top startups, a crown jewel of Indonesia. Its revenues, profit and impact attracted hundreds of millions of dollars from SoftBank, Temasek, Sequoia India, Wavemaker, G42 and countless other top-flight investors. But the vast majority of it was faked. To find out how and why, we spoke to dozens of investors, employees and farmers. And we travelled to Bandung to seek out the founder Gibran Huzaifah. After much effort, he agreed to meet and tell all. When I spoke to many who had been burned, one question kept coming up. Why did he do it? The answer is far more complex than money. It's about ego and pride but also pressure from investors telling founders to change their business and achieve certain results or lose everything. This is therefore a story of our times. Of global VC cash - and occasionally terrible advice - being thrown at the old-world reality of doing business at the edge of frontier markets. And founders who dream of being the one's who shape the universe, if only they can make the numbers bend to their will. https://lnkd.in/ev-juuyg

The heightened volatility in Indian pharma stocks could continue with Trump’s administration pressing forward with plans to impose tariffs pharma imports by initiating trade probes. Read for free with your email on what could move markets today