Politics

Bloomberg Germany is debating whether to invite Prime Minister Narendra Modi to the Group of Seven summit it’s hosting in June, given India’s reluctance to condemn Russia for invading Ukraine, according to people familiar with the matter. Germany is set to include Senegal, South Africa and Indonesia as guests at the meeting in Bavaria, but India remains under consideration, the ...

Bloomberg Finland is set to kick off a process that is likely to culminate in an application by Russia’s Nordic neighbor to join the defense alliance Nato. The government, together with President Sauli Niinisto, finalised a white paper on changes to the nation’s security environment following its former imperial master’s attack on Ukraine. The report will be sent to parliament ...

  Bloomberg Nationalist leader Marine Le Pen cast herself as the only candidate able to defend the poor in a clear pitch to left-wing voters, as a tight race for the French presidency enters its final phase. “I am fundamentally attached to social dialog,” Le Pen said during an hour-long interview with France Inter radio. Her rival, President Emmanuel Macron, ...

Bloomberg South Korea’s President-elect Yoon Suk Yeol plans to embrace nuclear energy in a bid to accelerate the nation’s goal to zero out emissions. An extensive revision to the energy mix, particularly atomic power, is “inevitable” in order for South Korea to reach its climate targets, the presidential transition committee said. Nuclear energy will be added to the taxonomy to ...

Bloomberg Sri Lanka warned of an unprecedented default and halted payments on foreign debt, an extraordinary step taken to preserve its dwindling dollar stockpile for essential food and fuel imports. All outstanding payments to bond holders, bilateral creditors and institutional lenders will be suspended until a debt restructure, the finance ministry said in a statement. The newly appointed central bank ...

Bloomberg The European Union’s top diplomat is urging member states to quickly provide Kyiv with the weapons it has asked for, as Ukraine braces for Russia to step up its campaign in the country’s east, according to people familiar with weekend discussions. Josep Borrell told EU diplomats a decision is needed in days and not weeks, and the bloc must ...

Bloomberg US President Joe Biden will again press India to take a harder stand on Russia’s war in Ukraine during a virtual meeting with Prime Minister Narendra Modi ahead of a dialog between the foreign and defense ministers from both sides. Biden will continue “consultations on the consequences of Russia’s brutal war against Ukraine and mitigating its destabilising impact on ...

Bloomberg Singapore Prime Minister Lee Hsien Loong warned the US against isolating China over the war in Ukraine by framing it as a battle between democracies and autocracies, which would complicate an already fraught relationship between the two powers. “You have to be very careful not to define the problem with Ukraine in such a way that automatically, China is ...

Bloomberg French President Emmanuel Macron ramped up his campaign for a second term, with his allies zeroing in on rival candidate Marine Le Pen’s links to Russia’s Vladimir Putin. As the second round of campaigning began on Monday ahead of a final vote in two weeks’ time, Finance Minister Bruno Le Maire said voters have a choice between an “ally ...

  Bloomberg Indonesian President Joko Widodo appeared to dismiss a plan floated by senior cabinet official to extend his time in office as thousands of university students are set to protest in Jakarta over the move along with the rising costs of basic goods. Rumours have persisted for months that the leader known as Jokowi could seek to amend the ...