Dasha is a columnist in London writing about the consumer goods sector, as well as Russia and Turkey. She has been at Reuters since 2012 as deals reporter in London and Turkey correspondent, covering the 2016 coup and the war in Syria. Prior to that she produced business news on BBC radio and worked as an investment banking analyst.
She holds a degree in Politics, Philosophy and Economics from the University of Oxford.
Germany and others plan to make firms liable for human rights and environmental abuses by suppliers. The financial gains derived from outsourcing justify the legal stretch. Scandal-wary giants like Nestlé already self-police their sourcing. Hefty fines are an added incentive.
The country’s central bank kept its interest rate at 19%. Having replaced his chief rate-setter in March, President Tayyip Erdogan hasn’t yet got the lower borrowing costs he wants. Rising inflation, a weak currency and the loss of credibility mean policy will need to stay tight.
Rich-country birth rates fell in 2020 amid economic uncertainty, reduced social life, postponed nuptials and fertility treatments. The patter of tiny feet will return as lockdowns end and economies bounce. Diaper producers and formula makers like P&G and Reckitt stand to benefit.