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Barbara Bush, matriarch of US political clan, dies at 92

Bloomberg Barbara Bush, the wife of one US president and mother of another who embodied the old-fashioned sensibility that family comes before careers or politics, has died. She was 92. She died on April 17, according to a statement from family spokesman Jim McGrath. No cause was given. Bush, who was in “failing health,” decided to no longer seek medical ...

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Cash crunch pushes India to defend its scam-hit banks

Bloomberg India’s cash machines are running dry, leaving policy makers and bankers scrambling to assuage the public and prevent perception about the nation’s fraud-hit financial system from worsening. As the banknote shortage spread across several states, the government finally addressed the issue in a statement, where it cited an “unusual spurt in demand” for cash. The Finance Ministry rolled out ...

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Germany’s wage deal brings more positive inflation news for ECB

Bloomberg Germany’s public-sector workers and employers have agreed on a three-step series of wage hikes, providing the European Central Bank with fresh evidence of inflation-boosting pay deals and averting the threat of more disruptive strikes. Wages for 2.3 million workers in federal and local governments will rise by an annual 3.19 percent on average retroactive to March, by another 3.09 ...

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