Bloomberg Bavaria Premier Markus Soeder presented himself as a force for change who can revive the fortunes of Germany’s conservatives as he stepped up his bid to follow Chancellor Angela Merkel at the top of the bloc’s election ticket. His rival for the candidacy in September’s national vote, Armin Laschet, responded by saying that Soeder changes his views a little ...

Bloomberg The US federal budget deficit more than doubled to a record in the first half of the fiscal year amid a fresh wave of stimulus payments to cushion Americans from the persistent coronavirus pandemic. The deficit last month was $659.6 billion, the third-largest on record and biggest since last June, swelling the total from October to March to $1.71 ...

Bloomberg The European Union (EU) is set to lay out its blueprint to raise nearly $1 trillion of debt over five years as it seeks to fund its recovery from coronavirus pandemic. The bloc is aiming to issue the first debt under its NextGenerationEU stimulus in June and will use a “state of the art” platform to begin selling bonds ...