Atlantic Bridge Very Positive on Long-Term Outlook: New Economy

(Bloomberg) — The Bloomberg New Economy Gateway Europe brings together leaders from the private and public sectors to discuss the economy’s most pressing problems. This week’s event near Dublin is focusing on the theme of “Reglobalization” — exploring the forces transforming trade and industry, from banking to aviation and energy to semiconductors.

Elaine Coughlan, left, during the Bloomberg New Economy Gateway Europe Conference.

© Bloomberg
Elaine Coughlan, left, during the Bloomberg New Economy Gateway Europe Conference.

Today’s highlights include conversations with BlackRock Inc. Vice Chairman Philipp Hildebrand and the prime ministers of Ireland and Serbia. We also have interviews with Irish Finance Minister Michael McGrath and Amos Hochstein, the US Special Presidential Coordinator for Global Infrastructure and Energy Security.


Load Error

Key Developments

Eurogroup’s Donohoe Confident on Reaching Deal on Fiscal RulesECB Set to Keep Hiking If Projections Hold, Spain’s De Cos SaysIreland’s Housing Crisis Not Deterring Investment, IDA CEO SaysCiti and APCO See Worst Brexit Impacts on UK as Yet to ComeRyanair CEO Sees Ukraine Aviation Opportunity Once War Ends

(All times CET)

Atlantic Bridge Upbeat on Longer-Term Outlook (8:30 a.m.)

Elaine Coughlan, a managing partner at Atlantic Bridge Capital, said she’s “very positive” about the investment outlook despite the dent to confidence both from “difficult” equity markets and the collapse of US lender Silicon Valley Bank.

“If you look at the fundamental technology sectors, the foundational technologies — quantum, semiconductors, cybersecurity — those areas have actually performed very well and there’s still a lot of investor demand,” Coughlan said in an interview with Bloomberg Radio.

“In the longer term I would be very positive because of the involvement of new entrants into the market, which across Europe is government,” she added.

Eurogroup President Says China Engagement Key (19/4)

Relations with China will continue to be an important feature of how the global economy develops in spite of pressure from the US to decouple from Beijing, according to Paschal Donohoe, president of the Eurogroup of finance ministers from the single currency bloc.

“Engagement with China continues to be essential,” Donohoe said in an interview Wednesday. “There may be a different emphasis in tone but the fact that the engagement is happening is the key thing.”

Read our latest NEF coverage:

The Bloomberg New Economy Daily Newsletter spotlights fast-changing trends and leading edge thinking on business and the economy, drawing on the expertise of economists at Bloomberg Economics. Sign up here.

–With assistance from Stephen Carroll.

Most Read from Bloomberg

©2023 Bloomberg L.P.

Continue Reading